UNIVERSITY -T-

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

Operated by FOREST OIL CORPORATION (P-5 275740) 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 32383District 08Field 57774166Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

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	66,970 bbl	$1,168,330
Casinghead gas	Production	316,693 Mcf	$301,167
Total			$1,469,497

204,768 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 (3)

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 32.1487, -102.7596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.14825, -102.75930 · 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%

3 of 3 wells

With a plug date

0.0%

0 of 3 wells

Median depth

8,105 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

3100.0%

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 6,850 and 8,200 ft, median 8,105 ft, over the 3 wells that filed a depth.

Completions filed

Aug 2000 – Jun 2010

3 of 3 wells

3 wells


42-00336638	3	8,200 ft	Jun 2010	—	Yes
42-00304643	2	8,105 ft	Oct 2009	—	Yes
42-00336854	4	6,850 ft	Aug 2000	—	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 (183)

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

183 months


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	40	0	26.88	9.12	$1,075
Nov 2000	281	1,602	32.21	5.66	$18,115
Oct 2000	358	2,063	31.23	5.15	$21,796
Sep 2000	379	2,029	31.87	5.19	$22,602
Aug 2000	371	1,991	29.64	4.54	$20,037
Jul 2000	244	1,957	28.53	4.09	$14,965
Jun 2000	231	1,962	29.30	4.40	$15,396
May 2000	266	1,632	27.26	3.68	$13,257
Apr 2000	435	2,085	24.51	3.12	$17,159
Mar 2000	335	1,958	28.42	2.86	$15,120
Feb 2000	377	2,075	27.62	2.73	$16,070
Jan 2000	469	2,210	25.27	2.48	$17,334
Dec 1999	442	2,212	24.28	2.42	$16,093
Nov 1999	508	2,418	23.19	2.43	$17,666
Oct 1999	466	2,560	20.98	2.80	$16,954
Sep 1999	503	2,614	21.75	2.62	$17,786
Aug 1999	506	2,157	19.26	2.88	$15,948
Jul 1999	457	2,180	17.89	2.37	$13,348
Jun 1999	449	2,450	15.94	2.36	$12,944
May 1999	305	2,548	15.79	2.32	$10,730
Apr 1999	388	2,030	15.10	2.21	$10,341
Mar 1999	320	1,664	12.47	1.84	$7,049
Feb 1999	220	1,197	9.98	1.82	$4,371
Jan 1999	285	1,598	10.38	1.90	$5,994
Dec 1998	201	1,441	9.20	1.77	$4,405
Nov 1998	270	1,632	10.89	2.19	$6,507
Oct 1998	565	2,184	12.42	1.97	$11,318
Sep 1998	442	2,085	12.59	2.08	$9,907
Aug 1998	378	2,056	11.30	1.91	$8,193
Jul 1998	431	2,196	11.74	2.24	$9,973
Jun 1998	412	1,913	11.24	2.24	$8,911
May 1998	320	1,860	12.62	2.21	$8,142
Apr 1998	239	1,542	13.04	2.51	$6,980
Mar 1998	340	1,744	12.80	2.31	$8,380
Feb 1998	290	1,706	13.95	2.30	$7,968
Jan 1998	398	2,028	14.70	2.15	$10,221
Dec 1997	464	2,095	16.32	2.41	$12,624
Nov 1997	459	1,996	18.19	3.09	$14,513
Oct 1997	520	2,622	19.25	3.15	$18,269
Sep 1997	566	2,960	17.74	2.95	$18,787
Aug 1997	680	3,529	17.86	2.55	$21,160
Jul 1997	1,034	3,897	17.58	2.25	$26,934
Jun 1997	546	3,199	17.24	2.26	$16,634
May 1997	492	3,955	18.97	2.31	$18,463
Apr 1997	658	4,347	17.88	2.08	$20,819
Mar 1997	655	4,733	18.95	1.94	$21,590
Feb 1997	596	4,268	20.49	2.21	$21,627
Jan 1997	726	4,745	23.48	3.54	$33,842
Dec 1996	746	4,715	23.32	—	$17,397
Nov 1996	758	3,983	21.97	—	$16,653
Oct 1996	699	4,170	23.31	—	$16,294
Sep 1996	679	2,712	22.22	—	$15,087
Aug 1996	688	2,469	20.26	—	$13,939
Jul 1996	518	1,511	19.55	—	$10,127
Jun 1996	570	771	18.73	—	$10,676
May 1996	685	1,693	19.43	—	$13,310
Apr 1996	649	1,748	21.51	—	$13,960
Mar 1996	932	2,862	19.38	—	$18,062
Feb 1996	456	2,984	16.98	—	$7,743
Jan 1996	450	3,136	17.07	—	$7,682
Dec 1995	1,222	3,431	17.19	—	$21,006
Nov 1995	1,193	4,142	16.00	—	$19,088
Oct 1995	1,295	4,230	15.43	—	$19,982
Sep 1995	1,125	3,952	16.18	—	$18,203
Aug 1995	1,214	2,760	15.92	—	$19,327
Jul 1995	1,712	3,174	15.24	—	$26,091
Jun 1995	1,480	2,857	16.41	—	$24,287
May 1995	1,275	3,955	17.56	—	$22,389
Apr 1995	1,096	4,228	17.73	—	$19,432
Mar 1995	1,311	5,566	16.44	—	$21,553
Feb 1995	792	4,763	16.58	—	$13,131
Jan 1995	1,396	6,099	15.92	—	$22,224
Dec 1994	1,417	6,267	15.03	—	$21,298
Nov 1994	1,377	5,816	15.90	—	$21,894
Oct 1994	925	3,381	15.58	—	$14,412
Sep 1994	857	2,629	15.29	—	$13,104
Aug 1994	1,317	3,334	16.13	—	$21,243
Jul 1994	1,155	2,383	17.56	—	$20,282
Jun 1994	1,294	2,726	17.09	—	$22,114
May 1994	1,264	3,412	15.88	—	$20,072
Apr 1994	1,032	4,455	14.14	—	$14,592
Mar 1994	830	4,854	12.46	—	$10,342
Feb 1994	794	3,937	12.50	—	$9,925
Jan 1994	909	4,075	12.66	—	$11,508
Dec 1993	753	3,465	12.33	—	$9,284
Nov 1993	796	4,517	14.49	—	$11,534
Oct 1993	811	6,098	15.85	—	$12,854
Sep 1993	816	6,726	15.03	—	$12,264
Aug 1993	903	9,696	15.66	—	$14,141
Jul 1993	392	8,244	15.46	—	$6,060
Jun 1993	903	6,437	16.79	—	$15,161
May 1993	955	4,844	17.68	—	$16,884
Apr 1993	819	6,360	18.05	—	$14,783
Mar 1993	1,087	6,943	18.14	—	$19,718
Feb 1993	1,058	6,387	17.90	—	$18,938
Jan 1993	1,248	5,871	16.93	—	$21,129

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.

Dec 2000 — as filed, then multipliedworked

Oil                   40 bbl  × $ 26.88 =     $1,075
Casinghead gas         0 Mcf  × $  9.12 =         $0

────────────────────────────────────────────────────
Month total                                   $1,075

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/32383 is the state's own key, not one this site invented.