UNIVERSITY 1801

Name: UNIVERSITY 1801 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SANDRIDGE EXPL. AND PROD., LLC (P-5 748011) in the SHAFTER LAKE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32969District 08Field 82570500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.5 M

Jan 1993 – Sep 2012

Value, last 12 filed months

at the published price for each month

Months reported

237

no gaps in the span

Streams

oil, casinghead gas

The SHAFTER LAKE (SAN ANDRES) 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 194 leases and 1,113 wells, and the rule below applies to all of them.

Discovered

1953-04-01

as the register files it

Field class

Oil

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2014-01-07.

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: “DIAGONAL LIMITATION, TOP ALLOWABLE ADJUSTED.”

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	73,496 bbl	$2,420,746
Casinghead gas	Production	44,445 Mcf	$119,605
Total			$2,540,350

16,261 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 32.4254, -102.6647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.42545, -102.66472 · 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

4,852 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 4,852 and 4,852 ft, median 4,852 ft, over the 2 wells that filed a depth.

Completions filed

Jan 1991 – Aug 1991

2 of 2 wells

2 wells


42-00336950	1802	4,852 ft	Aug 1991	—	Yes
42-00336848	1801	4,852 ft	Jan 1991	—	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 (237)

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

237 months


Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
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	119	25	105.96	4.33	$12,718
Mar 2011	129	28	96.36	4.06	$12,544
Feb 2011	93	14	85.64	4.18	$8,023
Jan 2011	133	31	86.50	4.59	$11,647
Dec 2010	139	79	85.73	4.35	$12,260
Nov 2010	188	61	80.84	3.80	$15,429
Oct 2010	133	64	78.10	3.51	$10,612
Sep 2010	333	132	72.63	3.98	$24,711
Aug 2010	141	0	73.68	4.42	$10,389
Jul 2010	530	545	72.55	4.74	$41,033
Jun 2010	0	260	70.36	4.91	$1,277
May 2010	353	433	71.12	4.24	$26,939
Apr 2010	174	494	81.69	4.12	$16,251
Mar 2010	340	697	78.39	4.39	$29,712
Feb 2010	175	1,033	73.58	5.44	$18,498
Jan 2010	346	292	74.36	5.96	$27,470
Dec 2009	174	461	71.44	5.48	$14,959
Nov 2009	347	341	74.59	3.75	$27,162
Oct 2009	362	188	72.54	4.11	$27,032
Sep 2009	173	419	65.54	3.06	$12,623
Aug 2009	350	412	67.42	3.22	$24,923
Jul 2009	363	553	61.13	3.46	$24,106
Jun 2009	351	811	66.16	3.90	$26,381
May 2009	168	537	54.74	3.93	$11,304
Apr 2009	189	62	46.77	3.59	$9,062
Mar 2009	188	41	42.14	4.06	$8,089
Feb 2009	359	40	32.81	4.63	$11,964
Jan 2009	191	64	35.86	5.37	$7,193
Dec 2008	330	69	37.10	5.98	$12,655
Nov 2008	170	49	55.49	6.86	$9,769
Oct 2008	174	66	75.24	6.92	$13,549
Sep 2008	355	27	101.76	7.88	$36,337
Aug 2008	375	67	114.22	8.48	$43,401
Jul 2008	172	60	131.08	11.39	$23,229
Jun 2008	349	20	131.33	13.03	$46,095
May 2008	175	48	123.17	11.57	$22,110
Apr 2008	353	60	110.31	10.45	$39,567
Mar 2008	171	76	101.90	9.66	$18,159
Feb 2008	365	69	92.53	8.77	$34,379
Jan 2008	183	75	90.38	8.21	$17,155
Dec 2007	386	85	88.33	7.30	$34,716
Nov 2007	182	91	91.67	7.29	$17,347
Oct 2007	355	94	82.85	6.92	$30,062
Sep 2007	355	45	75.84	6.24	$27,204
Aug 2007	174	73	69.06	6.39	$12,483
Jul 2007	357	76	70.90	6.39	$25,797
Jun 2007	172	78	62.00	7.55	$11,253
May 2007	339	86	58.74	7.85	$20,588
Apr 2007	177	90	59.61	7.81	$11,253
Mar 2007	184	107	56.92	7.30	$11,255
Feb 2007	173	111	55.10	8.22	$10,444
Jan 2007	353	104	50.30	6.73	$18,455
Dec 2006	171	117	56.65	6.92	$10,497
Nov 2006	344	115	54.20	7.62	$19,521
Oct 2006	171	67	54.90	6.01	$9,791
Sep 2006	172	55	60.08	5.04	$10,611
Aug 2006	349	54	68.71	7.34	$24,376
Jul 2006	176	27	69.37	6.34	$12,380
Jun 2006	182	37	66.28	6.38	$12,299
May 2006	342	77	66.01	6.42	$23,070
Apr 2006	169	104	64.39	7.36	$11,647
Mar 2006	344	108	56.70	7.08	$20,270
Feb 2006	167	102	57.59	7.75	$10,408
Jan 2006	347	133	60.59	8.93	$22,213
Dec 2005	354	140	54.94	13.42	$21,327
Nov 2005	169	111	54.69	10.59	$10,418
Oct 2005	359	104	58.34	13.80	$22,379
Sep 2005	176	36	61.45	12.08	$11,250
Aug 2005	356	9	61.51	9.80	$21,986
Jul 2005	185	44	55.69	7.84	$10,648
Jun 2005	158	30	52.33	7.38	$8,490
May 2005	353	94	45.22	6.65	$16,588
Apr 2005	174	80	49.20	7.36	$9,150
Mar 2005	347	83	50.37	7.15	$18,072
Feb 2005	183	64	45.22	6.31	$8,679
Jan 2005	343	74	43.16	6.32	$15,272
Dec 2004	164	56	39.86	6.75	$6,915
Nov 2004	175	28	45.28	6.33	$8,101
Oct 2004	329	76	49.70	6.52	$16,846
Sep 2004	174	71	43.24	5.28	$7,899
Aug 2004	348	60	42.37	5.55	$15,078
Jul 2004	350	82	38.28	6.08	$13,897
Jun 2004	179	76	36.10	6.43	$6,951
May 2004	358	67	37.48	6.49	$13,853
Apr 2004	180	85	34.47	5.86	$6,703
Mar 2004	351	94	34.36	5.53	$12,580
Feb 2004	179	81	32.45	5.51	$6,255
Jan 2004	351	82	32.03	6.30	$11,759
Dec 2003	176	106	30.26	6.30	$5,994
Nov 2003	347	105	28.80	4.60	$10,476
Oct 2003	352	90	28.17	4.76	$10,344
Sep 2003	178	68	26.31	4.75	$5,006
Aug 2003	357	76	29.76	5.13	$11,014
Jul 2003	180	15	29.41	5.17	$5,371
Jun 2003	362	0	28.56	5.98	$10,339
May 2003	180	55	26.59	5.97	$5,115
Apr 2003	181	75	26.67	5.41	$5,233
Mar 2003	344	103	31.14	6.10	$11,340
Feb 2003	179	99	33.48	7.93	$6,778
Jan 2003	349	116	30.31	5.58	$11,226
Dec 2002	179	111	26.91	4.85	$5,356
Nov 2002	357	62	24.66	4.14	$9,060
Oct 2002	188	109	26.46	4.23	$5,435
Sep 2002	182	82	27.44	3.64	$5,292
Aug 2002	368	66	25.96	3.16	$9,762
Jul 2002	182	68	24.58	3.06	$4,682
Jun 2002	184	71	23.73	3.34	$4,603
May 2002	358	164	24.66	3.58	$9,416
Apr 2002	166	192	23.65	3.51	$4,600
Mar 2002	374	203	22.00	3.10	$8,858
Feb 2002	181	223	18.22	2.38	$3,828
Jan 2002	358	253	17.17	2.38	$6,748
Dec 2001	354	245	16.93	2.36	$6,573
Nov 2001	189	226	18.07	2.41	$3,959
Oct 2001	367	203	19.78	2.53	$7,773
Sep 2001	188	182	24.26	2.25	$4,971
Aug 2001	349	151	24.87	3.05	$9,141
Jul 2001	358	1	23.93	3.20	$8,570
Jun 2001	362	1	24.56	3.82	$8,895
May 2001	184	113	25.52	4.31	$5,182
Apr 2001	365	119	24.68	5.34	$9,643
Mar 2001	358	212	24.54	5.38	$9,925
Feb 2001	184	204	27.75	5.77	$6,282
Jan 2001	187	232	27.47	8.40	$7,085
Dec 2000	278	279	26.88	9.12	$10,018
Nov 2000	183	217	32.21	5.66	$7,122
Oct 2000	364	216	31.23	5.15	$12,479
Sep 2000	176	203	31.87	5.19	$6,662
Aug 2000	367	172	29.64	4.54	$11,659
Jul 2000	366	211	28.53	4.09	$11,305
Jun 2000	0	211	29.30	4.40	$928
May 2000	349	233	27.26	3.68	$10,371
Apr 2000	357	234	24.51	3.12	$9,479
Mar 2000	188	232	28.42	2.86	$6,006
Feb 2000	185	213	27.62	2.73	$5,690
Jan 2000	361	252	25.27	2.48	$9,748
Dec 1999	379	244	24.28	2.42	$9,794
Nov 1999	189	250	23.19	2.43	$4,991
Oct 1999	373	211	20.98	2.80	$8,417
Sep 1999	192	211	21.75	2.62	$4,729
Aug 1999	366	238	19.26	2.88	$7,734
Jul 1999	372	228	17.89	2.37	$7,196
Jun 1999	552	185	15.94	2.36	$9,236
May 1999	179	203	15.79	2.32	$3,298
Apr 1999	170	258	15.10	2.21	$3,137
Mar 1999	371	269	12.47	1.84	$5,121
Feb 1999	353	244	9.98	1.82	$3,966
Jan 1999	573	220	10.38	1.90	$6,366
Dec 1998	0	236	9.20	1.77	$419
Nov 1998	372	184	10.89	2.19	$4,453
Oct 1998	353	233	12.42	1.97	$4,843
Sep 1998	371	255	12.59	2.08	$5,202
Aug 1998	369	280	11.30	1.91	$4,704
Jul 1998	372	193	11.74	2.24	$4,799
Jun 1998	347	182	11.24	2.24	$4,307
May 1998	364	272	12.62	2.21	$5,194
Apr 1998	745	281	13.04	2.51	$10,419
Mar 1998	369	288	12.80	2.31	$5,388
Feb 1998	355	268	13.95	2.30	$5,568
Jan 1998	178	322	14.70	2.15	$3,310
Dec 1997	0	305	16.32	2.41	$735
Nov 1997	385	274	18.19	3.09	$7,849
Oct 1997	574	268	19.25	3.15	$11,894
Sep 1997	188	311	17.74	2.95	$4,254
Aug 1997	368	316	17.86	2.55	$7,380
Jul 1997	746	274	17.58	2.25	$13,730
Jun 1997	0	206	17.24	2.26	$465
May 1997	367	271	18.97	2.31	$7,588
Apr 1997	376	313	17.88	2.08	$7,375
Mar 1997	554	169	18.95	1.94	$10,826
Feb 1997	751	20	20.49	2.21	$15,432
Jan 1997	0	62	23.48	3.54	$219
Dec 1996	388	67	23.32	—	$9,048
Nov 1996	719	1	21.97	—	$15,796
Oct 1996	0	10	23.31	—	$0
Sep 1996	593	184	22.22	—	$13,176
Aug 1996	371	357	20.26	—	$7,516
Jul 1996	578	395	19.55	—	$11,300
Jun 1996	549	416	18.73	—	$10,283
May 1996	378	339	19.43	—	$7,345
Apr 1996	357	261	21.51	—	$7,679
Mar 1996	973	209	19.38	—	$18,857
Feb 1996	0	164	16.98	—	$0
Jan 1996	359	274	17.07	—	$6,128
Dec 1995	555	260	17.19	—	$9,540
Nov 1995	563	335	16.00	—	$9,008
Oct 1995	333	361	15.43	—	$5,138
Sep 1995	356	370	16.18	—	$5,760
Aug 1995	384	368	15.92	—	$6,113
Jul 1995	551	366	15.24	—	$8,397
Jun 1995	563	328	16.41	—	$9,239
May 1995	377	241	17.56	—	$6,620
Apr 1995	527	318	17.73	—	$9,344
Mar 1995	554	358	16.44	—	$9,108
Feb 1995	389	294	16.58	—	$6,450
Jan 1995	697	344	15.92	—	$11,096
Dec 1994	543	290	15.03	—	$8,161
Nov 1994	368	221	15.90	—	$5,851
Oct 1994	548	305	15.58	—	$8,538
Sep 1994	573	335	15.29	—	$8,761
Aug 1994	536	393	16.13	—	$8,646
Jul 1994	738	336	17.56	—	$12,959
Jun 1994	742	198	17.09	—	$12,681
May 1994	376	321	15.88	—	$5,971
Apr 1994	564	399	14.14	—	$7,975
Mar 1994	587	494	12.46	—	$7,314
Feb 1994	1,280	375	12.50	—	$16,000
Jan 1994	350	360	12.66	—	$4,431
Dec 1993	384	262	12.33	—	$4,735
Nov 1993	742	200	14.49	—	$10,752
Oct 1993	1,098	403	15.85	—	$17,403
Sep 1993	0	432	15.03	—	$0
Aug 1993	376	468	15.66	—	$5,888
Jul 1993	746	561	15.46	—	$11,533
Jun 1993	550	487	16.79	—	$9,235
May 1993	1,103	500	17.68	—	$19,501
Apr 1993	702	545	18.05	—	$12,671
Mar 1993	745	539	18.14	—	$13,514
Feb 1993	372	653	17.90	—	$6,659
Jan 1993	756	564	16.93	—	$12,799

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.

Apr 2011 — as filed, then multipliedworked

Oil                  119 bbl  × $105.96 =    $12,609
Casinghead gas        25 Mcf  × $  4.33 =       $108

────────────────────────────────────────────────────
Month total                                  $12,718

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/32969 is the state's own key, not one this site invented.