UNIVERSITY -31-

Operated by ABRAXAS PETROLEUM CORPORATION (P-5 3125) in the CAVEAT EMPTOR (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32049District 08Field 16455500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 10 leases and 23 wells, and the rule below applies to all of them.

Discovered
1988-07-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1989-03-01.

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: OPTIONAL 40 ACRES UNITS/2100'

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
OilDisposition39,023 bbl$1,555,721
Casinghead gasProduction323,530 Mcf$949,845
Total$2,505,566

94,690 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 (2)

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 31.4813, -103.1003. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.48133, -103.10025 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
6,588 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 6,375 and 6,800 ft, median 6,588 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1988
1 of 2 wells; 1 filed none
Plug dates filed
Oct 2025
1 of 2 wells; 1 filed none

2 wells

42-4753392036,800 ftOct 2025Yes
42-4753390126,375 ftSep 1988

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202219084.888.16$1,613
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20207315849.881.98$3,954
Jan 2020049057.252.09$1,026
Dec 20196545959.012.30$4,893
Nov 20196049855.302.75$4,688
Oct 20198557153.472.42$5,926
Sep 201917765055.052.66$11,471
Aug 20197262453.112.30$5,262
Jul 20196141556.272.46$4,453
Jun 2019503852.782.49$2,734
May 201998058.482.74$5,731
Apr 20195952562.632.75$5,139
Mar 20199431256.803.06$6,295
Feb 20194731050.852.79$3,256
Jan 201910455746.033.23$6,585
Dec 201814468946.594.19$9,593
Nov 201814949852.934.24$9,997
Oct 20186166961.443.40$6,021
Sep 20185852659.543.11$5,088
Aug 201812239159.403.07$8,446
Jul 201817458865.142.93$13,058
Jun 20185859560.183.08$5,321
May 201810862865.382.90$8,883
Apr 201816563763.842.90$12,381
Mar 20185763961.222.79$5,270
Feb 201819257061.782.77$13,438
Jan 201811567562.874.01$9,936
Dec 201710865757.272.92$8,105
Nov 201710866755.423.12$8,065
Oct 20179766549.292.98$6,765
Sep 201713760547.523.09$8,378
Aug 20179164045.373.00$6,051
Jul 201714982243.873.09$9,074
Jun 20179663942.493.09$6,052
May 20179268145.373.26$6,396
Apr 201714285847.933.21$9,562
Mar 20178390246.772.98$6,573
Feb 201714981450.452.95$9,920
Jan 201710285549.413.42$7,963
Dec 201614092148.763.72$10,255
Nov 201613588142.492.64$8,066
Oct 20161741,02746.193.09$11,211
Sep 201611847941.553.10$6,388
Aug 201618390041.442.92$10,215
Jul 201614785741.622.92$8,624
Jun 20167594945.352.69$5,950
May 201612085642.521.99$6,807
Apr 20161921,02136.561.99$9,052
Mar 201617798933.011.79$7,617
Feb 201611692926.472.06$4,988
Jan 20161781,01627.352.36$7,270
Dec 201517296332.362.00$7,493
Nov 201511693138.792.17$6,517
Oct 201511898343.552.43$7,524
Sep 201517793842.992.76$10,197
Aug 201511680740.162.87$6,977
Jul 20152491,04948.152.95$15,079
Jun 201512798856.152.88$9,979
May 201522346455.212.96$13,683
Apr 201517885049.822.71$11,169
Mar 201523099742.892.93$12,791
Feb 201511977844.662.98$7,630
Jan 201519776843.433.10$10,937
Dec 20142071,16154.693.59$15,490
Nov 20142011,15370.464.25$19,065
Oct 20143831,25078.303.90$34,865
Sep 20142631,21086.164.05$27,555
Aug 20144841,48889.394.04$49,269
Jul 20147061,55596.564.18$74,671
Jun 20144391,35998.164.74$49,530
May 20142361994.734.73$5,105
Apr 20146659195.944.81$9,174
Mar 20144352295.895.06$6,763
Feb 20146749697.406.19$9,597
Jan 20144859390.404.86$7,222
Dec 20136551791.824.35$8,220
Nov 20134331588.853.74$4,998
Oct 20134537097.423.78$5,782
Sep 201377568104.113.72$10,128
Aug 201374445104.253.52$9,282
Jul 201323487102.523.72$4,169
Jun 20134545394.403.93$6,030
May 20137254394.834.15$9,081
Apr 20134555793.964.28$6,614
Mar 20136855493.623.91$8,534
Feb 20136947491.233.42$7,916
Jan 20135550391.603.42$6,758
Dec 20124257486.773.42$5,608
Nov 20126762186.953.62$8,077
Oct 20126065189.383.40$7,576
Sep 20124959194.672.92$6,364
Aug 20123665292.662.91$5,232
Jul 20124865685.133.02$6,068
Jun 20125264079.822.52$5,763
May 20123365391.612.49$4,648
Apr 201238614101.652.00$5,089
Mar 201270675105.052.22$8,853
Feb 201235624101.102.57$5,142
Jan 20126567998.092.73$8,232
Dec 20113470596.873.24$5,578
Nov 20114867795.723.31$6,836
Oct 20117367084.983.65$8,648
Sep 20111771683.623.99$4,275
Aug 20114478883.404.15$6,939
Jul 20114978194.144.52$8,141
Jun 20114975192.904.64$8,037
May 20113364298.134.40$6,066
Apr 201151646105.964.33$8,203
Mar 20115471596.364.06$8,104
Feb 20115053685.644.18$6,522
Jan 20114874286.504.59$7,557
Dec 20104773785.734.35$7,234
Nov 20101950080.843.80$3,434
Oct 20104276878.103.51$5,975
Sep 20103259372.633.98$4,684
Aug 20104562873.684.42$6,091
Jul 20105580272.554.74$7,789
Jun 20105570870.364.91$7,346
May 20103376471.124.24$5,583
Apr 201011871081.694.12$12,567
Mar 20104580878.394.39$7,074
Feb 20108571673.585.44$10,151
Jan 20104275574.365.96$7,626
Dec 20094378971.445.48$7,399
Nov 20094164074.593.75$5,459
Oct 20093458572.544.11$4,871
Sep 20094071565.543.06$4,813
Aug 20093871867.423.22$4,873
Jul 20099284761.133.46$8,558
Jun 20095176466.163.90$6,350
May 20095190754.743.93$6,352
Apr 200910471946.773.59$7,443
Mar 20095798542.144.06$6,400
Feb 20094878632.814.63$5,216
Jan 20099248735.865.37$5,915
Dec 20084981137.105.98$6,665
Nov 20084880955.496.86$8,214
Oct 20088969375.246.92$11,493
Sep 200854876101.767.88$12,395
Aug 200852931114.228.48$13,837
Jul 2008109954131.0811.39$25,153
Jun 200857908131.3313.03$19,319
May 2008100933123.1711.57$23,116
Apr 200853808110.3110.45$14,294
Mar 2008107868101.909.66$19,292
Feb 20086176492.538.77$12,345
Jan 200811977890.388.21$17,139
Dec 20076089388.337.30$11,820
Nov 200711898791.677.29$18,014
Oct 20075698382.856.92$11,444
Sep 20079892975.846.24$13,233
Aug 200710484269.066.39$12,561
Jul 20075375470.906.39$8,574
Jun 200710273262.007.55$11,849
May 200713182858.747.85$14,192
Apr 20074166759.617.81$7,650
Mar 20078470956.927.30$9,958
Feb 20073661155.108.22$7,004
Jan 20076565350.306.73$7,662
Dec 20068460256.656.92$8,924
Nov 20065364154.207.62$7,755
Oct 20069161154.906.01$8,670
Sep 20066170260.085.04$7,201
Aug 20067385068.717.34$11,255
Jul 20066870269.376.34$9,170
Jun 20068883966.286.38$11,189
May 200610687466.016.42$12,613
Apr 20066371964.397.36$9,349
Mar 20067574956.707.08$9,558
Feb 20068377557.597.75$10,787
Jan 200614983360.598.93$16,469
Dec 200511770754.9413.42$15,913
Nov 20056655954.6910.59$9,528
Oct 20053750958.3413.80$9,181
Sep 20056637161.4512.08$8,537
Aug 20055475561.519.80$10,718
Jul 20054436955.697.84$5,345
Jun 20058840152.337.38$7,565
May 20054261445.226.65$5,983
Apr 20057555949.207.36$7,805
Mar 20058658550.377.15$8,517
Feb 20059753845.226.31$7,782
Jan 20055760043.166.32$6,253
Dec 200410258539.866.75$8,015
Nov 200410962945.286.33$8,917
Oct 20048377649.706.52$9,181
Sep 20047365543.245.28$6,617
Aug 20047375442.375.55$7,278
Jul 20047666438.286.08$6,949
Jun 20049063136.106.43$7,308
May 20044767937.486.49$6,171
Apr 20047771634.475.86$6,849
Mar 20048375334.365.53$7,016
Feb 20048160832.455.51$5,978
Jan 20046368532.036.30$6,333
Dec 20036171930.266.30$6,377
Nov 20038474428.804.60$5,838
Oct 20037363128.174.76$5,060
Sep 20037978626.314.75$5,811
Aug 20036474829.765.13$5,742
Jul 20036971729.415.17$5,737
Jun 200311464628.565.98$7,121
May 20037679826.595.97$6,787
Apr 20037085326.675.41$6,479
Mar 200310188931.146.10$8,565
Feb 20036672433.487.93$7,948
Jan 20036280930.315.58$6,395
Dec 20025079426.914.85$5,199
Nov 2002521,12324.664.14$5,928
Oct 20025691526.464.23$5,351
Sep 20028477527.443.64$5,122
Aug 20026589125.963.16$4,507
Jul 2002591,02824.583.06$4,598
Jun 2002791,03623.733.34$5,333
May 2002591,03324.663.58$5,157
Apr 2002881,01223.653.51$5,636
Mar 20021121,08022.003.10$5,815
Feb 20026892918.222.38$3,446
Jan 2002751,03917.172.38$3,756
Dec 20019797416.932.36$3,945
Nov 2001581,07518.072.41$3,634
Oct 20017289519.782.53$3,688
Sep 2001751,03824.262.25$4,156
Aug 20011261,17524.873.05$6,721
Jul 2001491,00323.933.20$4,379
Jun 20018795624.563.82$5,793
May 2001921,14525.524.31$7,280
Apr 20018674424.685.34$6,092
Mar 20018995424.545.38$7,313
Feb 200110054627.755.77$5,924
Jan 20019567627.478.40$8,287
Dec 20008466826.889.12$8,352
Nov 20007555532.215.66$5,556
Oct 20004764531.235.15$4,787
Sep 20006776131.875.19$6,082
Aug 20007689529.644.54$6,317
Jul 2000711,50228.534.09$8,168
Jun 200010187229.304.40$6,794
May 20007449727.263.68$3,846
Apr 20007156324.513.12$3,495
Mar 20007354928.422.86$3,645
Feb 20009794327.622.73$5,250
Jan 2000172925.272.48$502
Dec 19998049524.282.42$3,142
Nov 19997244023.192.43$2,741
Oct 1999891,19520.982.80$5,218
Sep 19991501,43021.752.62$7,007
Aug 19991161,29819.262.88$5,967
Jul 19991581,43817.892.37$6,238
Jun 19991721,29215.942.36$5,794
May 19992271,12015.792.32$6,184
Apr 19992031,38915.102.21$6,132
Mar 19991691,40812.471.84$4,696
Feb 19991631,1679.981.82$3,748
Jan 19991541,47010.381.90$4,391
Dec 19982581,4149.201.77$4,881
Nov 19982661,93510.892.19$7,126
Oct 19981361,80812.421.97$5,249
Sep 19982092,16012.592.08$7,130
Aug 19981242,72111.301.91$6,591
Jul 19982291,45311.742.24$5,939
Jun 19981741,37811.242.24$5,039
May 19981461,31512.622.21$4,744
Apr 19981811,06313.042.51$5,023
Mar 1998315012.802.31$4,032
Feb 19982431,25013.952.30$6,264
Jan 19982491,42714.702.15$6,735
Dec 19971841,51816.322.41$6,663
Nov 19971881,38218.193.09$7,688
Oct 19971891,63719.253.15$8,795
Sep 19972911,41217.742.95$9,335
Aug 1997531,81817.862.55$5,591
Jul 19972031,70017.582.25$7,389
Jun 19971791,66217.242.26$6,837
May 19972201,45818.972.31$7,539
Apr 19972161,67717.882.08$7,355
Mar 19972131,77518.951.94$7,478
Feb 19972011,28820.492.21$6,960
Jan 19972641,67723.483.54$12,135
Dec 19961981,77423.32$4,617
Nov 19961861,85121.97$4,086
Oct 19961802,06223.31$4,196
Sep 19962361,81722.22$5,244
Aug 19962151,71520.26$4,356
Jul 19961801,72819.55$3,519
Jun 19961801,57918.73$3,371
May 19962401,43019.43$4,663
Apr 19961852,02621.51$3,979
Mar 19962382,33519.38$4,612
Feb 19962421,46816.98$4,109
Jan 19961912,10017.07$3,260
Dec 19953112,03017.19$5,346
Nov 19951921,82216.00$3,072
Oct 19953262,02915.43$5,030
Sep 19952721,79116.18$4,401
Aug 19952872,40515.92$4,569
Jul 19953832,23215.24$5,837
Jun 19955442,15516.41$8,927
May 19959302,05017.56$16,331
Apr 19951601,31517.73$2,837
Mar 19951691,72916.44$2,778
Feb 19952421,12116.58$4,012
Jan 19951491,11415.92$2,372
Dec 19943211,11415.03$4,825
Nov 19943061,26915.90$4,865
Oct 19942411,82115.58$3,755
Sep 19941241,40515.29$1,896
Aug 19941631,70316.13$2,629
Jul 19941352,42817.56$2,371
Jun 19941351,76517.09$2,307
May 19941672,17515.88$2,652
Apr 19941121,77714.14$1,584
Mar 19941171,80812.46$1,458
Feb 19941801,51112.50$2,250
Jan 19941111,76212.66$1,405
Dec 19931151,02412.33$1,418
Nov 19931291,80114.49$1,869
Oct 19931272,42115.85$2,013
Sep 19931912,68315.03$2,871
Aug 19931293,12715.66$2,020
Jul 19932033,31415.46$3,138
Jun 19931354,11916.79$2,267
May 19932272,74217.68$4,013
Apr 19931512,24718.05$2,726
Mar 19931321,75818.14$2,394
Feb 19931821,86017.90$3,258
Jan 19931363,37816.93$2,302

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.

Sep 2022 — as filed, then multipliedworked
Oil                   19 bbl  × $ 84.88 =     $1,613
Casinghead gas         0 Mcf  × $  8.16 =         $0

────────────────────────────────────────────────────
Month total                                   $1,613

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/32049 is the state's own key, not one this site invented.