UNIVERSITY 11 SEC. 2

Operated by ARCO PERMIAN (P-5 29347) in the MARTIN (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32022District 08Field 57774083Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.2 M
Jan 1993 – Jun 2001
Value, last 12 filed months
$549 k
at the published price for each month
Months reported
102
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 49 leases and 154 wells, and the rule below applies to all of them.

Discovered
1953-08-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: (CONSOLIDATED) FIELD

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.

StreamBasisVolumeValue
OilDisposition85,338 bbl$1,537,810
Casinghead gasProduction2,163,493 Mcf$2,637,081
Total$4,174,891

1,175,195 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 (8)

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 32.1757, -102.7724. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.17563, -102.77224 · centre of the wells drawn, derived

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%
8 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
7,100 ft
8 wells filed one
Completion to plug
28.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
8100.0%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
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

Total depth in feet, 8 of 8 wells. Median 7,100 ft, with the middle half between 7,100 and 7,625 ft; the shallowest is 7,100 ft and the deepest 8,990 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Nov 1986 – Mar 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1986 – Mar 2020
8 of 8 wells
Plug dates filed
Jul 2015
1 of 8 wells; 7 filed none

Last completion to plug: a median of 28.7 years across the 1 well that filed both dates, with the middle half between 28.7 years and 28.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-00334495E 77,100 ftMar 2020Yes
42-00334648E 107,700 ftOct 2019Yes
42-00334697E 117,600 ftSep 2004Yes
42-00334552E 97,100 ftJun 2004Yes
42-00334187E 57,100 ftOct 1995Yes
42-00300459E 28,990 ftNov 1994Yes
42-00334496E 87,100 ftOct 1993Yes
42-00334185E 67,100 ftNov 1986Jul 2015Yes

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 (102)

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

102 months

Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200095515,63532.215.66$119,223
Oct 200080216,66631.235.15$110,801
Sep 200093416,89031.875.19$117,367
Aug 200084717,77929.644.54$105,835
Jul 200079217,98328.534.09$96,142
Jun 200071916,88129.304.40$95,297
May 200072515,24727.263.68$75,869
Apr 200071516,59224.513.12$69,225
Mar 200075317,05528.422.86$70,173
Feb 200070816,49427.622.73$64,526
Jan 200064616,50525.272.48$57,265
Dec 199959616,20624.282.42$53,750
Nov 199969816,71723.192.43$56,876
Oct 199965118,82520.982.80$66,438
Sep 199959119,80521.752.62$64,721
Aug 199962619,42519.262.88$67,915
Jul 199967120,61917.892.37$60,920
Jun 199969120,73715.942.36$59,997
May 199980922,22415.792.32$64,356
Apr 199987421,93515.102.21$61,631
Mar 199987022,52212.471.84$52,252
Feb 199972118,3969.981.82$40,636
Jan 199980919,56910.381.90$45,578
Dec 199873019,3029.201.77$40,945
Nov 199879320,95410.892.19$54,435
Oct 19981,00822,95412.421.97$57,721
Sep 199893623,27412.592.08$60,255
Aug 199880023,48611.301.91$53,836
Jul 199866423,30311.742.24$59,930
Jun 199865722,81811.242.24$58,435
May 199867022,98012.622.21$59,157
Apr 199869422,17513.042.51$64,605
Mar 19981,06224,40412.802.31$69,953
Feb 19981,00322,97813.952.30$66,821
Jan 19981,34626,48414.702.15$76,854
Dec 19971,36827,64916.322.41$88,990
Nov 19971,36829,15518.193.09$114,922
Oct 19971,29029,02319.253.15$116,250
Sep 199754216,59717.742.95$58,657
Aug 199776521,67817.862.55$69,045
Jul 199791229,31317.582.25$81,898
Jun 199770122,28217.242.26$62,380
May 199782222,13118.972.31$66,683
Apr 199789921,12217.882.08$60,067
Mar 19971,13721,65118.951.94$63,530
Feb 199791422,29820.492.21$67,915
Jan 19971,25229,58023.483.54$134,101
Dec 19961,26429,48623.32$29,476
Nov 19961,08429,57421.97$23,815
Oct 19961,02931,22023.31$23,986
Sep 19961,15932,02922.22$25,753
Aug 19961,30432,77320.26$26,419
Jul 19961,38336,61619.55$27,038
Jun 199680433,33918.73$15,059
May 19961,25932,38819.43$24,462
Apr 19961,72729,58621.51$37,148
Mar 19961,59732,90819.38$30,950
Feb 19961,10229,56416.98$18,712
Jan 19961,41032,65917.07$24,069
Dec 19951,41233,05017.19$24,272
Nov 19951,08233,53116.00$17,312
Oct 199576329,53615.43$11,773
Sep 199581329,65716.18$13,154
Aug 199570933,17815.92$11,287
Jul 199573236,93115.24$11,156
Jun 199573831,04116.41$12,111
May 19951,12737,00917.56$19,790
Apr 19951,15534,87317.73$20,478
Mar 199585831,13716.44$14,106
Feb 19951,04226,62116.58$17,276
Jan 199598525,29515.92$15,681
Dec 19941,16925,21015.03$17,570
Nov 199488521,08915.90$14,072
Oct 199463022,78015.58$9,815
Sep 199469721,55415.29$10,657
Aug 199467424,83516.13$10,872
Jul 199474324,52217.56$13,047
Jun 199472023,36517.09$12,305
May 199446913,84515.88$7,448
Apr 199482822,06614.14$11,708
Mar 199477721,63512.46$9,681
Feb 199467719,84912.50$8,463
Jan 19941,13122,14812.66$14,318
Dec 19931,32723,05012.33$16,362
Nov 19931,19622,32914.49$17,330
Oct 199387219,49515.85$13,821
Sep 199385715,13115.03$12,881
Aug 199387713,68915.66$13,734
Jul 19937059,45815.46$10,899
Jun 19938067,50516.79$13,533
May 19936085,70817.68$10,749
Apr 19935634,87918.05$10,162
Mar 19935136,36218.14$9,306
Feb 19936449,06917.90$11,528
Jan 199389611,62116.93$15,169

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.

Nov 2000 — as filed, then multipliedworked
Oil                  955 bbl  × $ 32.21 =    $30,761
Casinghead gas    15,635 Mcf  × $  5.66 =    $88,463

────────────────────────────────────────────────────
Month total                                 $119,223

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/32022 is the state's own key, not one this site invented.