UNIVERSITY 16

Name: UNIVERSITY 16 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RW OPERATING CORP. (P-5 739826) 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 32985District 08Field 93771200Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Jul 1999

Value, last 12 filed months

$225 k

at the published price for each month

Months reported

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	16,695 bbl	$275,373
Casinghead gas	Production	960,440 Mcf	$830,317
Total			$1,105,690

595,390 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 (1)

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 30.9469, -102.2844. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.94690, -102.28442 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,430 ft

1 wells filed one

Completion to plug

34.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 6,430 ft.

Completions filed

Dec 1990

1 of 1 wells

Plug dates filed

Jan 2025

1 of 1 wells

Last completion to plug: a median of 34.1 years across the 1 well that filed both dates, with the middle half between 34.1 years and 34.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37136281	208	6,430 ft	Dec 1990	Jan 2025	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 (79)

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

79 months


Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	169	0	15.79	2.32	$2,669
Apr 1999	0	1,717	15.10	2.21	$3,791
Mar 1999	170	14,388	12.47	1.84	$28,570
Feb 1999	173	11,012	9.98	1.82	$21,744
Jan 1999	179	14,174	10.38	1.90	$28,788
Dec 1998	0	12,834	9.20	1.77	$22,759
Nov 1998	0	13,660	10.89	2.19	$29,857
Oct 1998	0	14,400	12.42	1.97	$28,357
Sep 1998	0	14,254	12.59	2.08	$29,686
Aug 1998	147	14,470	11.30	1.91	$29,260
Jul 1998	174	14,245	11.74	2.24	$33,913
Jun 1998	0	14,006	11.24	2.24	$31,335
May 1998	175	12,731	12.62	2.21	$30,297
Apr 1998	176	14,807	13.04	2.51	$39,391
Mar 1998	0	15,388	12.80	2.31	$35,538
Feb 1998	0	13,901	13.95	2.30	$31,960
Jan 1998	0	14,239	14.70	2.15	$30,682
Dec 1997	166	11,648	16.32	2.41	$30,794
Nov 1997	0	10,629	18.19	3.09	$32,825
Oct 1997	340	11,563	19.25	3.15	$42,966
Sep 1997	0	12,655	17.74	2.95	$37,394
Aug 1997	0	13,334	17.86	2.55	$34,065
Jul 1997	177	13,825	17.58	2.25	$34,176
Jun 1997	170	12,898	17.24	2.26	$32,044
May 1997	168	13,820	18.97	2.31	$35,090
Apr 1997	0	15,408	17.88	2.08	$32,091
Mar 1997	338	15,354	18.95	1.94	$36,179
Feb 1997	0	13,713	20.49	2.21	$30,250
Jan 1997	175	9,977	23.48	3.54	$39,425
Dec 1996	151	15,540	23.32	—	$3,521
Nov 1996	156	12,967	21.97	—	$3,427
Oct 1996	525	12,211	23.31	—	$12,238
Sep 1996	0	13,940	22.22	—	$0
Aug 1996	0	16,259	20.26	—	$0
Jul 1996	340	12,690	19.55	—	$6,647
Jun 1996	167	15,186	18.73	—	$3,128
May 1996	341	12,217	19.43	—	$6,626
Apr 1996	339	14,522	21.51	—	$7,292
Mar 1996	171	12,030	19.38	—	$3,314
Feb 1996	178	12,903	16.98	—	$3,022
Jan 1996	170	11,540	17.07	—	$2,902
Dec 1995	0	12,869	17.19	—	$0
Nov 1995	350	12,748	16.00	—	$5,600
Oct 1995	342	14,818	15.43	—	$5,277
Sep 1995	167	12,394	16.18	—	$2,702
Aug 1995	170	14,431	15.92	—	$2,706
Jul 1995	166	13,244	15.24	—	$2,530
Jun 1995	334	13,048	16.41	—	$5,481
May 1995	175	14,097	17.56	—	$3,073
Apr 1995	517	13,106	17.73	—	$9,166
Mar 1995	170	11,852	16.44	—	$2,795
Feb 1995	338	12,060	16.58	—	$5,604
Jan 1995	172	11,999	15.92	—	$2,738
Dec 1994	556	11,395	15.03	—	$8,357
Nov 1994	0	11,462	15.90	—	$0
Oct 1994	375	11,344	15.58	—	$5,843
Sep 1994	546	12,101	15.29	—	$8,348
Aug 1994	176	14,314	16.13	—	$2,839
Jul 1994	182	10,448	17.56	—	$3,196
Jun 1994	177	8,461	17.09	—	$3,025
May 1994	363	12,323	15.88	—	$5,764
Apr 1994	356	11,996	14.14	—	$5,034
Mar 1994	186	13,805	12.46	—	$2,318
Feb 1994	534	12,466	12.50	—	$6,675
Jan 1994	362	12,359	12.66	—	$4,583
Dec 1993	527	13,537	12.33	—	$6,498
Nov 1993	0	12,392	14.49	—	$0
Oct 1993	365	12,679	15.85	—	$5,785
Sep 1993	358	12,388	15.03	—	$5,381
Aug 1993	542	12,678	15.66	—	$8,488
Jul 1993	360	13,714	15.46	—	$5,566
Jun 1993	368	11,681	16.79	—	$6,179
May 1993	550	13,804	17.68	—	$9,724
Apr 1993	536	12,364	18.05	—	$9,675
Mar 1993	350	6,717	18.14	—	$6,349
Feb 1993	404	6,492	17.90	—	$7,232
Jan 1993	186	5,799	16.93	—	$3,149

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.

May 1999 — as filed, then multipliedworked

Oil                  169 bbl  × $ 15.79 =     $2,669
Casinghead gas         0 Mcf  × $  2.32 =         $0

────────────────────────────────────────────────────
Month total                                   $2,669

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/32985 is the state's own key, not one this site invented.