UNIVERSITY -5-

Name: UNIVERSITY -5- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PURE RESOURCES, L.P. (P-5 683080) in the BAKKE (PENN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31980District 08Field 05166555OilCasinghead gasSave

Value, all time

$2.3 M

Jan 1993 – Aug 2004

Value, last 12 filed months

$130 k

at the published price for each month

Months reported

140

no gaps in the span

Streams

oil, casinghead gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Oil	Disposition	79,484 bbl	$1,516,686
Casinghead gas	Production	275,589 Mcf	$744,702
Total			$2,261,389

84,143 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.2433, -102.5230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24335, -102.52298 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

9,200 ft

1 wells filed one

Completion to plug

24.0 years

median over 1 wells

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,200 ft.

Completions filed

Apr 1980

1 of 1 wells

Plug dates filed

Apr 2004

1 of 1 wells

Last completion to plug: a median of 24.0 years across the 1 well that filed both dates, with the middle half between 24.0 years and 24.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00332178	4	9,200 ft	Apr 1980	Apr 2004	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (140)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

140 months


Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	89	775	32.45	5.51	$7,158
Jan 2004	235	2,762	32.03	6.30	$24,927
Dec 2003	468	3,157	30.26	6.30	$34,056
Nov 2003	316	2,819	28.80	4.60	$22,055
Oct 2003	304	2,478	28.17	4.76	$20,358
Sep 2003	390	2,448	26.31	4.75	$21,887
Aug 2003	457	2,569	29.76	5.13	$26,779
Jul 2003	530	2,529	29.41	5.17	$28,664
Jun 2003	566	2,714	28.56	5.98	$32,403
May 2003	508	2,885	26.59	5.97	$30,739
Apr 2003	119	2,011	26.67	5.41	$14,048
Mar 2003	286	2,338	31.14	6.10	$23,159
Feb 2003	367	2,489	33.48	7.93	$32,015
Jan 2003	398	2,833	30.31	5.58	$27,877
Dec 2002	382	2,529	26.91	4.85	$22,555
Nov 2002	380	2,265	24.66	4.14	$18,741
Oct 2002	434	2,682	26.46	4.23	$22,826
Sep 2002	454	2,951	27.44	3.64	$23,185
Aug 2002	476	2,854	25.96	3.16	$21,387
Jul 2002	569	2,718	24.58	3.06	$22,308
Jun 2002	351	2,470	23.73	3.34	$16,575
May 2002	431	2,273	24.66	3.58	$18,775
Apr 2002	401	2,094	23.65	3.51	$16,838
Mar 2002	502	0	22.00	3.10	$11,044
Feb 2002	446	2,449	18.22	2.38	$13,944
Jan 2002	552	2,973	17.17	2.38	$16,541
Dec 2001	393	2,772	16.93	2.36	$13,208
Nov 2001	481	3,004	18.07	2.41	$15,918
Oct 2001	515	3,007	19.78	2.53	$17,791
Sep 2001	601	3,988	24.26	2.25	$23,559
Aug 2001	384	2,788	24.87	3.05	$18,062
Jul 2001	452	2,813	23.93	3.20	$19,810
Jun 2001	436	2,847	24.56	3.82	$21,596
May 2001	483	3,291	25.52	4.31	$26,502
Apr 2001	471	3,156	24.68	5.34	$28,463
Mar 2001	506	3,188	24.54	5.38	$29,557
Feb 2001	483	2,984	27.75	5.77	$30,612
Jan 2001	505	3,003	27.47	8.40	$39,094
Dec 2000	581	3,360	26.88	9.12	$46,269
Nov 2000	431	3,091	32.21	5.66	$31,371
Oct 2000	526	3,387	31.23	5.15	$33,855
Sep 2000	498	3,133	31.87	5.19	$32,121
Aug 2000	521	3,232	29.64	4.54	$30,118
Jul 2000	483	2,860	28.53	4.09	$25,477
Jun 2000	518	3,267	29.30	4.40	$29,543
May 2000	582	3,448	27.26	3.68	$28,553
Apr 2000	564	3,305	24.51	3.12	$24,122
Mar 2000	614	3,411	28.42	2.86	$27,204
Feb 2000	604	3,208	27.62	2.73	$25,429
Jan 2000	610	3,278	25.27	2.48	$23,546
Dec 1999	620	3,240	24.28	2.42	$22,906
Nov 1999	582	3,165	23.19	2.43	$21,200
Oct 1999	710	1,110	20.98	2.80	$18,008
Sep 1999	779	1,357	21.75	2.62	$20,497
Aug 1999	911	1,848	19.26	2.88	$22,860
Jul 1999	436	866	17.89	2.37	$9,855
Jun 1999	328	554	15.94	2.36	$6,537
May 1999	351	426	15.79	2.32	$6,531
Apr 1999	584	859	15.10	2.21	$10,715
Mar 1999	670	890	12.47	1.84	$9,991
Feb 1999	539	750	9.98	1.82	$6,743
Jan 1999	572	828	10.38	1.90	$7,511
Dec 1998	668	1,106	9.20	1.77	$8,107
Nov 1998	633	1,373	10.89	2.19	$9,894
Oct 1998	680	1,100	12.42	1.97	$10,612
Sep 1998	377	471	12.59	2.08	$5,727
Aug 1998	740	871	11.30	1.91	$10,023
Jul 1998	821	1,212	11.74	2.24	$12,350
Jun 1998	992	1,499	11.24	2.24	$14,504
May 1998	583	1,239	12.62	2.21	$10,091
Apr 1998	818	1,268	13.04	2.51	$13,843
Mar 1998	682	1,178	12.80	2.31	$11,450
Feb 1998	528	1,097	13.95	2.30	$9,888
Jan 1998	522	1,743	14.70	2.15	$11,429
Dec 1997	531	1,637	16.32	2.41	$12,613
Nov 1997	762	1,883	18.19	3.09	$19,676
Oct 1997	587	2,113	19.25	3.15	$17,955
Sep 1997	795	2,832	17.74	2.95	$22,472
Aug 1997	697	2,686	17.86	2.55	$19,310
Jul 1997	834	2,972	17.58	2.25	$21,340
Jun 1997	850	3,221	17.24	2.26	$21,924
May 1997	304	1,104	18.97	2.31	$8,315
Apr 1997	258	780	17.88	2.08	$6,238
Mar 1997	426	1,278	18.95	1.94	$10,551
Feb 1997	335	961	20.49	2.21	$8,984
Jan 1997	332	1,043	23.48	3.54	$11,487
Dec 1996	280	1,309	23.32	—	$6,530
Nov 1996	354	1,462	21.97	—	$7,777
Oct 1996	503	1,923	23.31	—	$11,725
Sep 1996	448	2,926	22.22	—	$9,955
Aug 1996	309	1,087	20.26	—	$6,260
Jul 1996	244	822	19.55	—	$4,770
Jun 1996	241	852	18.73	—	$4,514
May 1996	356	884	19.43	—	$6,917
Apr 1996	321	962	21.51	—	$6,905
Mar 1996	320	1,001	19.38	—	$6,202
Feb 1996	346	715	16.98	—	$5,875
Jan 1996	698	2,028	17.07	—	$11,915
Dec 1995	589	1,871	17.19	—	$10,125
Nov 1995	672	2,306	16.00	—	$10,752
Oct 1995	682	2,241	15.43	—	$10,523
Sep 1995	672	2,354	16.18	—	$10,873
Aug 1995	807	2,620	15.92	—	$12,847
Jul 1995	850	2,482	15.24	—	$12,954
Jun 1995	792	2,346	16.41	—	$12,997
May 1995	842	2,348	17.56	—	$14,786
Apr 1995	667	2,333	17.73	—	$11,826
Mar 1995	970	2,772	16.44	—	$15,947
Feb 1995	591	1,850	16.58	—	$9,799
Jan 1995	843	2,356	15.92	—	$13,421
Dec 1994	1,041	2,763	15.03	—	$15,646
Nov 1994	838	2,302	15.90	—	$13,324
Oct 1994	1,011	2,088	15.58	—	$15,751
Sep 1994	481	1,386	15.29	—	$7,354
Aug 1994	724	1,574	16.13	—	$11,678
Jul 1994	823	2,039	17.56	—	$14,452
Jun 1994	800	1,351	17.09	—	$13,672
May 1994	860	1,714	15.88	—	$13,657
Apr 1994	835	1,326	14.14	—	$11,807
Mar 1994	1,007	1,641	12.46	—	$12,547
Feb 1994	835	1,338	12.50	—	$10,438
Jan 1994	608	1,058	12.66	—	$7,697
Dec 1993	471	796	12.33	—	$5,807
Nov 1993	1,040	1,627	14.49	—	$15,070
Oct 1993	988	1,594	15.85	—	$15,660
Sep 1993	1,167	1,865	15.03	—	$17,540
Aug 1993	597	740	15.66	—	$9,349
Jul 1993	1,141	892	15.46	—	$17,640
Jun 1993	1,104	1,185	16.79	—	$18,536
May 1993	1,596	1,871	17.68	—	$28,217
Apr 1993	1,761	4,394	18.05	—	$31,786
Mar 1993	522	1,347	18.14	—	$9,469
Feb 1993	550	1,096	17.90	—	$9,845
Jan 1993	797	2,306	16.93	—	$13,493

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Feb 2004 — as filed, then multipliedworked

Oil                   89 bbl  × $ 32.45 =     $2,888
Casinghead gas       775 Mcf  × $  5.51 =     $4,270

────────────────────────────────────────────────────
Month total                                   $7,158

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/31980 is the state's own key, not one this site invented.