UNIVERSITY 8

Name: UNIVERSITY 8 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FULLER PRODUCTION, INC. (P-5 288587) in the VIEJOS (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32908District 08Field 93771200Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.9 M

Jan 1993 – Aug 2012

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

236

no gaps in the span

Streams

oil, casinghead gas

The VIEJOS (DEVONIAN) 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 29 leases and 48 wells, and the rule below applies to all of them.

Discovered

1990-09-13

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 1994-12-05.

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: “O&G # 08-0210281 TEMP. FD. RULES MADE PERMANENT; INTERVAL EXPAND.”

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	46,291 bbl	$920,032
Casinghead gas	Production	1,395,241 Mcf	$1,962,581
Total			$2,882,614

777,736 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 (4)

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 30.9511, -102.2769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.95125, -102.27688 · 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%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

6,494 ft

4 wells filed one

Completion to plug

19.4 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

4100.0%

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

4100.0%

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 6,450 and 6,550 ft, median 6,494 ft, over the 4 wells that filed a depth.

Completions filed

Jul 1991 – Jan 1993

3 of 4 wells; 1 filed none

Plug dates filed

Oct 1999 – Sep 2011

4 of 4 wells

Last completion to plug: a median of 19.4 years across the 3 wells that filed both dates, with the middle half between 13.1 years and 19.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-37136276	1	6,487 ft	—	Sep 2011	Yes
42-37136363	4	6,500 ft	Jan 1993	Oct 1999	Yes
42-37136337	3	6,450 ft	Mar 1992	Sep 2011	Yes
42-37136300	2	6,550 ft	Jul 1991	Dec 2010	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 (236)

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

236 months


Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	44	0	79.82	2.52	$3,512
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	247	0	80.84	3.80	$19,967
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	1	0	81.69	4.12	$82
Mar 2010	1	0	78.39	4.39	$78
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	2	0	71.44	5.48	$143
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	62	54.74	3.93	$243
Apr 2009	0	50	46.77	3.59	$179
Mar 2009	0	235	42.14	4.06	$954
Feb 2009	0	59	32.81	4.63	$273
Jan 2009	0	109	35.86	5.37	$585
Dec 2008	0	60	37.10	5.98	$359
Nov 2008	0	150	55.49	6.86	$1,029
Oct 2008	0	116	75.24	6.92	$803
Sep 2008	0	39	101.76	7.88	$307
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	3	90.38	8.21	$25
Dec 2007	0	2	88.33	7.30	$15
Nov 2007	0	12	91.67	7.29	$88
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	2	75.84	6.24	$12
Aug 2007	0	3	69.06	6.39	$19
Jul 2007	173	2	70.90	6.39	$12,278
Jun 2007	0	6	62.00	7.55	$45
May 2007	0	7	58.74	7.85	$55
Apr 2007	0	116	59.61	7.81	$905
Mar 2007	0	81	56.92	7.30	$591
Feb 2007	0	55	55.10	8.22	$452
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	1	183	56.65	6.92	$1,323
Nov 2006	0	61	54.20	7.62	$465
Oct 2006	0	159	54.90	6.01	$956
Sep 2006	0	69	60.08	5.04	$348
Aug 2006	0	137	68.71	7.34	$1,006
Jul 2006	0	139	69.37	6.34	$882
Jun 2006	0	130	66.28	6.38	$830
May 2006	0	247	66.01	6.42	$1,587
Apr 2006	168	240	64.39	7.36	$12,584
Mar 2006	0	228	56.70	7.08	$1,615
Feb 2006	0	135	57.59	7.75	$1,046
Jan 2006	0	240	60.59	8.93	$2,144
Dec 2005	0	367	54.94	13.42	$4,923
Nov 2005	0	236	54.69	10.59	$2,499
Oct 2005	0	201	58.34	13.80	$2,773
Sep 2005	0	376	61.45	12.08	$4,542
Aug 2005	0	241	61.51	9.80	$2,361
Jul 2005	177	239	55.69	7.84	$11,732
Jun 2005	0	263	52.33	7.38	$1,941
May 2005	0	240	45.22	6.65	$1,596
Apr 2005	0	282	49.20	7.36	$2,076
Mar 2005	0	72	50.37	7.15	$515
Feb 2005	0	210	45.22	6.31	$1,326
Jan 2005	179	185	43.16	6.32	$8,895
Dec 2004	0	286	39.86	6.75	$1,931
Nov 2004	0	260	45.28	6.33	$1,646
Oct 2004	0	247	49.70	6.52	$1,609
Sep 2004	175	301	43.24	5.28	$9,157
Aug 2004	0	279	42.37	5.55	$1,549
Jul 2004	0	282	38.28	6.08	$1,716
Jun 2004	0	422	36.10	6.43	$2,715
May 2004	342	786	37.48	6.49	$17,923
Apr 2004	0	640	34.47	5.86	$3,749
Mar 2004	0	625	34.36	5.53	$3,456
Feb 2004	0	385	32.45	5.51	$2,121
Jan 2004	178	582	32.03	6.30	$9,368
Dec 2003	186	605	30.26	6.30	$9,441
Nov 2003	0	472	28.80	4.60	$2,169
Oct 2003	0	290	28.17	4.76	$1,380
Sep 2003	0	318	26.31	4.75	$1,510
Aug 2003	0	227	29.76	5.13	$1,164
Jul 2003	180	585	29.41	5.17	$8,319
Jun 2003	366	574	28.56	5.98	$13,887
May 2003	0	608	26.59	5.97	$3,631
Apr 2003	1	555	26.67	5.41	$3,028
Mar 2003	357	724	31.14	6.10	$15,531
Feb 2003	4	695	33.48	7.93	$5,642
Jan 2003	165	252	30.31	5.58	$6,408
Dec 2002	3	910	26.91	4.85	$4,498
Nov 2002	364	1,002	24.66	4.14	$13,121
Oct 2002	361	886	26.46	4.23	$13,299
Sep 2002	2	862	27.44	3.64	$3,188
Aug 2002	336	1,081	25.96	3.16	$12,143
Jul 2002	180	979	24.58	3.06	$7,422
Jun 2002	184	1,359	23.73	3.34	$8,903
May 2002	346	1,019	24.66	3.58	$12,184
Apr 2002	163	952	23.65	3.51	$7,199
Mar 2002	184	1,224	22.00	3.10	$7,846
Feb 2002	330	541	18.22	2.38	$7,298
Jan 2002	167	138	17.17	2.38	$3,195
Dec 2001	168	97	16.93	2.36	$3,074
Nov 2001	503	237	18.07	2.41	$9,659
Oct 2001	3	326	19.78	2.53	$884
Sep 2001	177	511	24.26	2.25	$5,444
Aug 2001	348	369	24.87	3.05	$9,781
Jul 2001	184	5,871	23.93	3.20	$23,173
Jun 2001	1	6,025	24.56	3.82	$23,065
May 2001	0	6,074	25.52	4.31	$26,163
Apr 2001	349	6,484	24.68	5.34	$43,208
Mar 2001	185	7,248	24.54	5.38	$43,508
Feb 2001	368	6,547	27.75	5.77	$47,969
Jan 2001	12	9,448	27.47	8.40	$79,681
Dec 2000	374	9,607	26.88	9.12	$97,693
Nov 2000	188	9,709	32.21	5.66	$60,989
Oct 2000	320	9,574	31.23	5.15	$59,257
Sep 2000	507	9,884	31.87	5.19	$67,421
Aug 2000	182	12,617	29.64	4.54	$62,685
Jul 2000	364	12,511	28.53	4.09	$61,552
Jun 2000	555	12,367	29.30	4.40	$70,642
May 2000	380	12,491	27.26	3.68	$56,323
Apr 2000	10	9,706	24.51	3.12	$30,489
Mar 2000	165	10,185	28.42	2.86	$33,816
Feb 2000	4	9,200	27.62	2.73	$25,194
Jan 2000	14	12,474	25.27	2.48	$31,296
Dec 1999	184	12,203	24.28	2.42	$34,044
Nov 1999	2	9,817	23.19	2.43	$23,941
Oct 1999	0	10,349	20.98	2.80	$29,016
Sep 1999	0	10,442	21.75	2.62	$27,346
Aug 1999	12	11,225	19.26	2.88	$32,510
Jul 1999	1	11,588	17.89	2.37	$27,509
Jun 1999	154	11,382	15.94	2.36	$29,340
May 1999	175	12,153	15.79	2.32	$30,971
Apr 1999	177	12,328	15.10	2.21	$29,894
Mar 1999	169	13,256	12.47	1.84	$26,476
Feb 1999	328	12,534	9.98	1.82	$26,058
Jan 1999	170	8,546	10.38	1.90	$18,002
Dec 1998	0	5,359	9.20	1.77	$9,503
Nov 1998	167	7,193	10.89	2.19	$17,541
Oct 1998	0	8,285	12.42	1.97	$16,315
Sep 1998	2	7,617	12.59	2.08	$15,889
Aug 1998	484	8,901	11.30	1.91	$22,447
Jul 1998	159	10,432	11.74	2.24	$25,206
Jun 1998	163	9,088	11.24	2.24	$22,164
May 1998	314	9,837	12.62	2.21	$25,666
Apr 1998	322	11,315	13.04	2.51	$32,547
Mar 1998	488	12,684	12.80	2.31	$35,539
Feb 1998	301	11,203	13.95	2.30	$29,956
Jan 1998	339	10,192	14.70	2.15	$26,945
Dec 1997	464	13,645	16.32	2.41	$40,472
Nov 1997	429	16,635	18.19	3.09	$59,177
Oct 1997	573	18,637	19.25	3.15	$69,733
Sep 1997	747	13,040	17.74	2.95	$51,783
Aug 1997	569	9,878	17.86	2.55	$35,398
Jul 1997	77	12,827	17.58	2.25	$30,175
Jun 1997	101	11,695	17.24	2.26	$28,139
May 1997	183	13,108	18.97	2.31	$33,731
Apr 1997	0	13,490	17.88	2.08	$28,097
Mar 1997	243	13,515	18.95	1.94	$30,812
Feb 1997	264	12,892	20.49	2.21	$33,848
Jan 1997	268	12,650	23.48	3.54	$51,070
Dec 1996	231	15,646	23.32	—	$5,387
Nov 1996	231	15,039	21.97	—	$5,075
Oct 1996	441	16,157	23.31	—	$10,280
Sep 1996	209	13,906	22.22	—	$4,644
Aug 1996	351	16,339	20.26	—	$7,111
Jul 1996	355	14,014	19.55	—	$6,940
Jun 1996	241	13,296	18.73	—	$4,514
May 1996	491	12,742	19.43	—	$9,540
Apr 1996	320	10,938	21.51	—	$6,883
Mar 1996	432	7,645	19.38	—	$8,372
Feb 1996	314	9,497	16.98	—	$5,332
Jan 1996	387	12,486	17.07	—	$6,606
Dec 1995	372	9,956	17.19	—	$6,395
Nov 1995	512	11,421	16.00	—	$8,192
Oct 1995	501	12,161	15.43	—	$7,730
Sep 1995	656	12,938	16.18	—	$10,614
Aug 1995	550	17,744	15.92	—	$8,756
Jul 1995	540	17,672	15.24	—	$8,230
Jun 1995	684	17,753	16.41	—	$11,224
May 1995	797	17,333	17.56	—	$13,995
Apr 1995	407	17,738	17.73	—	$7,216
Mar 1995	704	20,170	16.44	—	$11,574
Feb 1995	551	15,556	16.58	—	$9,136
Jan 1995	814	13,891	15.92	—	$12,959
Dec 1994	808	16,644	15.03	—	$12,144
Nov 1994	842	20,125	15.90	—	$13,388
Oct 1994	696	22,402	15.58	—	$10,844
Sep 1994	976	21,592	15.29	—	$14,923
Aug 1994	854	24,712	16.13	—	$13,775
Jul 1994	1,105	16,858	17.56	—	$19,404
Jun 1994	1,308	16,587	17.09	—	$22,354
May 1994	1,641	15,061	15.88	—	$26,059
Apr 1994	1,065	16,465	14.14	—	$15,059
Mar 1994	110	14,412	12.46	—	$1,371
Feb 1994	197	11,308	12.50	—	$2,463
Jan 1994	373	9,647	12.66	—	$4,722
Dec 1993	133	17,194	12.33	—	$1,640
Nov 1993	186	15,487	14.49	—	$2,695
Oct 1993	379	19,113	15.85	—	$6,007
Sep 1993	115	19,145	15.03	—	$1,728
Aug 1993	347	19,620	15.66	—	$5,434
Jul 1993	466	18,163	15.46	—	$7,204
Jun 1993	188	18,502	16.79	—	$3,157
May 1993	289	20,573	17.68	—	$5,110
Apr 1993	895	21,127	18.05	—	$16,155
Mar 1993	1,097	24,389	18.14	—	$19,900
Feb 1993	1,081	15,014	17.90	—	$19,350
Jan 1993	1,092	21,558	16.93	—	$18,488

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.

Jun 2012 — as filed, then multipliedworked

Oil                   44 bbl  × $ 79.82 =     $3,512
Casinghead gas         0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                   $3,512

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/32908 is the state's own key, not one this site invented.