TEXAS UNIVERSITY R

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

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the MARTIN (CLEAR FORK, LO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32320District 08Field 57774166Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – May 2010

Value, last 12 filed months

at the published price for each month

Months reported

209

no gaps in the span

Streams

oil, casinghead gas

The MARTIN (CLEAR FORK, LO) field

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 28 leases and 65 wells, and the rule below applies to all of them.

Discovered

1969-01-31

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.

Stream	Basis	Volume	Value
Oil	Disposition	44,642 bbl	$733,938
Casinghead gas	Production	582,648 Mcf	$449,561
Total			$1,183,498

386,925 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 32.1846, -102.7706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.18465, -102.77060 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

8,979 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

2100.0%

A plug date is filed

00.0%

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

00.0%

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

Between 8,963 and 8,994 ft, median 8,979 ft, over the 2 wells that filed a depth.

Completions filed

Sep 1999 – Dec 1999

2 of 2 wells

2 wells


42-00304642	3	8,994 ft	Dec 1999	—	Yes
42-00304649	1	8,963 ft	Sep 1999	—	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 (209)

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

209 months


May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
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	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	68	0	19.26	2.88	$1,310
Jul 1999	409	2,845	17.89	2.37	$14,066
Jun 1999	333	4,587	15.94	2.36	$16,143
May 1999	322	6,217	15.79	2.32	$19,514
Apr 1999	215	6,260	15.10	2.21	$17,069
Mar 1999	427	6,231	12.47	1.84	$16,779
Feb 1999	218	5,745	9.98	1.82	$12,619
Jan 1999	434	6,479	10.38	1.90	$16,815
Dec 1998	439	6,497	9.20	1.77	$15,560
Nov 1998	706	6,412	10.89	2.19	$21,703
Oct 1998	263	6,664	12.42	1.97	$16,389
Sep 1998	527	6,544	12.59	2.08	$20,264
Aug 1998	545	6,670	11.30	1.91	$18,881
Jul 1998	328	6,784	11.74	2.24	$19,028
Jun 1998	329	6,770	11.24	2.24	$18,844
May 1998	302	7,162	12.62	2.21	$19,613
Apr 1998	521	6,560	13.04	2.51	$23,229
Mar 1998	289	6,668	12.80	2.31	$19,099
Feb 1998	311	5,834	13.95	2.30	$17,752
Jan 1998	622	6,613	14.70	2.15	$23,393
Dec 1997	608	6,610	16.32	2.41	$25,860
Nov 1997	523	6,199	18.19	3.09	$28,657
Oct 1997	275	5,940	19.25	3.15	$24,004
Sep 1997	280	5,176	17.74	2.95	$20,262
Aug 1997	530	5,094	17.86	2.55	$22,480
Jul 1997	562	6,966	17.58	2.25	$25,532
Jun 1997	290	6,862	17.24	2.26	$20,489
May 1997	568	7,035	18.97	2.31	$27,015
Apr 1997	611	6,866	17.88	2.08	$25,225
Mar 1997	684	7,442	18.95	1.94	$27,393
Feb 1997	716	6,637	20.49	2.21	$29,311
Jan 1997	647	7,354	23.48	3.54	$41,223
Dec 1996	650	6,563	23.32	—	$15,158
Nov 1996	549	7,178	21.97	—	$12,062
Oct 1996	702	8,406	23.31	—	$16,364
Sep 1996	306	8,190	22.22	—	$6,799
Aug 1996	430	6,916	20.26	—	$8,712
Jul 1996	670	7,409	19.55	—	$13,099
Jun 1996	431	6,202	18.73	—	$8,073
May 1996	467	7,459	19.43	—	$9,074
Apr 1996	678	7,545	21.51	—	$14,584
Mar 1996	470	7,696	19.38	—	$9,109
Feb 1996	469	7,083	16.98	—	$7,964
Jan 1996	719	7,653	17.07	—	$12,273
Dec 1995	461	7,804	17.19	—	$7,925
Nov 1995	480	7,737	16.00	—	$7,680
Oct 1995	697	9,733	15.43	—	$10,755
Sep 1995	452	8,079	16.18	—	$7,313
Aug 1995	714	8,951	15.92	—	$11,367
Jul 1995	486	9,440	15.24	—	$7,407
Jun 1995	718	7,393	16.41	—	$11,782
May 1995	715	8,600	17.56	—	$12,555
Apr 1995	513	5,795	17.73	—	$9,095
Mar 1995	418	8,502	16.44	—	$6,872
Feb 1995	835	8,896	16.58	—	$13,844
Jan 1995	571	10,306	15.92	—	$9,090
Dec 1994	847	10,751	15.03	—	$12,730
Nov 1994	586	10,773	15.90	—	$9,317
Oct 1994	871	11,376	15.58	—	$13,570
Sep 1994	833	7,200	15.29	—	$12,737
Aug 1994	550	8,382	16.13	—	$8,872
Jul 1994	857	8,562	17.56	—	$15,049
Jun 1994	606	10,552	17.09	—	$10,357
May 1994	678	5,520	15.88	—	$10,767
Apr 1994	694	8,028	14.14	—	$9,813
Mar 1994	887	8,658	12.46	—	$11,052
Feb 1994	577	6,359	12.50	—	$7,213
Jan 1994	298	6,924	12.66	—	$3,773
Dec 1993	650	6,604	12.33	—	$8,015
Nov 1993	688	6,907	14.49	—	$9,969
Oct 1993	1,034	7,345	15.85	—	$16,389
Sep 1993	743	7,918	15.03	—	$11,167
Aug 1993	760	8,314	15.66	—	$11,902
Jul 1993	728	8,136	15.46	—	$11,255
Jun 1993	605	9,268	16.79	—	$10,158
May 1993	619	7,182	17.68	—	$10,944
Apr 1993	951	8,652	18.05	—	$17,166
Mar 1993	883	9,949	18.14	—	$16,018
Feb 1993	598	6,429	17.90	—	$10,704
Jan 1993	596	7,600	16.93	—	$10,090

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.

Aug 1999 — as filed, then multipliedworked

Oil                   68 bbl  × $ 19.26 =     $1,310
Casinghead gas         0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $1,310

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/32320 is the state's own key, not one this site invented.