UNIVERSITY "B"

Operated by R3 OPERATING CORPORATION (P-5 103624) in the MCELROY, NORTH (SILURIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33070District 08Field 59339700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 6 leases and 13 wells, and the rule below applies to all of them.

Discovered
1973-10-20
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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.

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.

StreamBasisVolumeValue
OilDisposition40,734 bbl$2,248,128
Casinghead gasProduction131,438 Mcf$694,852
Total$2,942,980

1,230 Mcf of this lease's gas, across 11 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 31.5106, -102.3221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51064, -102.32210 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,019 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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 12,019 ft.

Completions filed
Dec 2018
1 of 1 wells

1 well

42-10331046212,019 ftDec 2018

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202050044.642.68$2,232
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018160046.594.19$7,454
Nov 201817637452.934.24$10,900
Oct 2018053761.443.40$1,825
Sep 201814823559.543.11$9,542
Aug 201818055559.403.07$12,394
Jul 2018043465.142.93$1,272
Jun 2018161060.183.08$9,689
May 2018028565.382.90$827
Apr 201817038163.842.90$11,958
Mar 201818343261.222.79$12,407
Feb 2018037361.782.77$1,032
Jan 201818412662.874.01$12,073
Dec 201718737657.272.92$11,808
Nov 201717044855.423.12$10,818
Oct 201718556649.292.98$10,807
Sep 201718356447.523.09$10,437
Aug 201718240245.373.00$9,465
Jul 2017010043.873.09$309
Jun 201717843142.493.09$8,894
May 201718350945.373.26$9,964
Apr 201717052547.933.21$9,834
Mar 201717254746.772.98$9,677
Feb 201717343250.452.95$10,003
Jan 20170849.413.42$27
Dec 201616912548.763.72$8,706
Nov 201626360742.492.64$12,780
Oct 2016029446.193.09$909
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016159545.352.69$7,224
May 2016018042.521.99$358
Apr 2016021636.561.99$430
Mar 201618028333.011.79$6,450
Feb 20160026.472.06$0
Jan 201609727.352.36$229
Dec 201519118732.362.00$6,555
Nov 2015189038.792.17$7,331
Oct 20150343.552.43$7
Sep 201517544842.992.76$8,759
Aug 201516858540.162.87$8,427
Jul 201517352348.152.95$9,870
Jun 201533861956.152.88$20,763
May 201516455155.212.96$10,683
Apr 2015023249.822.71$628
Mar 2015017342.892.93$508
Feb 201517210644.662.98$7,997
Jan 2015026043.433.10$806
Dec 201417442354.693.59$11,035
Nov 20141736470.464.25$12,462
Oct 201417221878.303.90$14,318
Sep 201417833086.164.05$16,671
Aug 2014044289.394.04$1,784
Jul 20141718796.564.18$16,875
Jun 201417833798.164.74$19,069
May 20141794494.734.73$17,165
Apr 201418336195.944.81$19,293
Mar 201417440395.895.06$18,723
Feb 201417250597.406.19$19,880
Jan 201418360990.404.86$19,503
Dec 201317854091.824.35$18,695
Nov 201318135888.853.74$17,420
Oct 201317944797.423.78$19,128
Sep 20130422104.113.72$1,569
Aug 2013179516104.253.52$20,478
Jul 2013175539102.523.72$19,945
Jun 2013057494.403.93$2,258
May 201317443794.834.15$18,314
Apr 201317648393.964.28$18,605
Mar 201317159193.623.91$18,322
Feb 201317038991.233.42$16,839
Jan 201318563191.603.42$19,104
Dec 201217356286.773.42$16,933
Nov 201217760286.953.62$17,572
Oct 2012057289.383.40$1,945
Sep 201235162594.672.92$35,053
Aug 2012066892.662.91$1,943
Jul 201217458785.133.02$16,586
Jun 201234754679.822.52$29,073
May 2012069391.612.49$1,724
Apr 2012176680101.652.00$19,248
Mar 2012356664105.052.22$38,873
Feb 20120681101.102.57$1,750
Jan 201218379598.092.73$20,124
Dec 2011081196.873.24$2,627
Nov 201117580895.723.31$19,427
Oct 201101,04784.983.65$3,820
Sep 201135082783.623.99$32,563
Aug 201111175583.404.15$12,390
Jul 201117779094.144.52$20,231
Jun 201117864392.904.64$19,520
May 201117661698.134.40$19,984
Apr 20110359105.964.33$1,556
Mar 201117880296.364.06$20,406
Feb 201134871085.644.18$32,771
Jan 2011079286.504.59$3,634
Dec 201017570785.734.35$18,077
Nov 201017575380.843.80$17,005
Oct 201017082778.103.51$16,179
Sep 201017363272.633.98$15,080
Aug 201017287773.684.42$16,549
Jul 201017186572.554.74$16,503
Jun 201017387970.364.91$16,489
May 2010082071.124.24$3,473
Apr 201034490281.694.12$31,820
Mar 2010096278.394.39$4,222
Feb 201017388773.585.44$17,557
Jan 201017398574.365.96$18,739
Dec 200934693171.445.48$29,824
Nov 200917486274.593.75$16,212
Oct 200917298872.544.11$16,538
Sep 2009093865.543.06$2,875
Aug 200934695067.423.22$26,385
Jul 200917192561.133.46$13,658
Jun 200917194566.163.90$14,994
May 2009088754.743.93$3,482
Apr 20093421,02646.773.59$19,676
Mar 2009079342.144.06$3,219
Feb 200917286532.814.63$9,651
Jan 20093601,09035.865.37$18,764
Dec 2008096537.105.98$5,768
Nov 200817998755.496.86$16,704
Oct 200817995875.246.92$20,099
Sep 2008178717101.767.88$23,761
Aug 20081721,056114.228.48$28,604
Jul 2008179517131.0811.39$29,352
Jun 2008173183131.3313.03$25,105
May 2008178996123.1711.57$33,452
Apr 20081811,072110.3110.45$31,174
Mar 2008359796101.909.66$44,275
Feb 20081731,00392.538.77$24,805
Jan 2008073090.388.21$5,990
Dec 20071801,00588.337.30$23,238
Nov 20071751,01091.677.29$23,407
Oct 20073451,06782.856.92$35,969
Sep 20071771,06675.846.24$20,080
Aug 200717899769.066.39$18,661
Jul 200701,02770.906.39$6,560
Jun 20073351,00562.007.55$28,356
May 20071801,06558.747.85$18,929
Apr 200717885659.617.81$17,292
Mar 2007075756.927.30$5,528
Feb 200736196955.108.22$27,852
Jan 200718299450.306.73$15,841
Dec 20061821,03556.656.92$17,471
Nov 200618062054.207.62$14,479
Oct 200617599654.906.01$15,597
Sep 200617996260.085.04$15,600
Aug 20061671,13768.717.34$19,820
Jul 20063421,06469.376.34$30,473
Jun 2006049266.286.38$3,141
May 200618261366.016.42$15,952
Apr 20063521,07864.397.36$30,600
Mar 20061741,07756.707.08$17,494
Feb 200617792257.597.75$17,340
Jan 20063581,03360.598.93$30,919
Dec 200518394254.9413.42$22,691
Nov 200517699154.6910.59$20,119
Oct 20053551,05158.3413.80$35,210
Sep 200518388061.4512.08$21,875
Aug 20051781,05361.519.80$21,265
Jul 20053451,01455.697.84$27,167
Jun 200517999752.337.38$16,726
May 20054791,02645.226.65$28,484
Apr 20053641,20649.207.36$26,786
Mar 2005015150.377.15$1,080
Feb 2005041645.226.31$2,626
Jan 200518263243.166.32$11,851
Dec 200426065439.866.75$14,779
Nov 200417859745.286.33$11,839
Oct 200417263049.706.52$12,653
Sep 200417560743.245.28$10,774
Aug 200426264442.375.55$14,676
Jul 200416864538.286.08$10,355
Jun 200433561936.106.43$16,076
May 200417060637.486.49$10,307
Apr 200415659034.475.86$8,834
Mar 200423461034.365.53$11,414
Feb 200422854732.455.51$10,412
Jan 200426159132.036.30$12,083
Dec 200325164930.266.30$11,685
Nov 200336058028.804.60$13,033
Oct 200316742628.174.76$6,732
Sep 200317456226.314.75$7,247
Aug 200336658929.765.13$13,914
Jul 200317151629.415.17$7,697
Jun 200333453928.565.98$12,764
May 200317119226.595.97$5,694
Apr 200318347026.675.41$7,422
Mar 200311745631.146.10$6,423
Feb 200333753933.487.93$15,555
Jan 200318159430.315.58$8,802
Dec 200235957126.914.85$12,432
Nov 200218157824.664.14$6,855
Oct 200236461626.464.23$12,237
Sep 200218161627.443.64$7,206
Aug 200236948325.963.16$11,108
Jul 200218737724.583.06$5,751
Jun 200218156623.733.34$6,185
May 200235658924.663.58$10,890
Apr 200218457323.653.51$6,364
Mar 200235061222.003.10$9,599
Feb 200218357718.222.38$4,705
Jan 200235357117.172.38$7,418
Dec 200118064016.932.36$4,561
Nov 200118055418.072.41$4,585
Oct 200134760419.782.53$8,391
Sep 200135261324.262.25$9,920
Aug 200135764224.873.05$10,839
Jul 200154480623.933.20$15,595
Jun 2001040824.563.82$1,560
May 200117939325.524.31$6,261
Apr 200117636624.685.34$6,296
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000450028.534.09$12,839
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997389017.882.08$6,955
Mar 1997397018.951.94$7,523
Feb 19970020.492.21$0
Jan 1997192023.483.54$4,508
Dec 1996393023.32$9,165
Nov 1996389021.97$8,546
Oct 19961023.31$23
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19951515.24$15
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 1995174016.44$2,861
Feb 199508516.58$0
Jan 19950015.92$0
Dec 199402715.03$0
Nov 199435128315.90$5,581
Oct 199435272815.58$5,484
Sep 19940815.29$0
Aug 19941775716.13$2,855
Jul 199402817.56$0
Jun 19940717.09$0
May 199458115.88$921
Apr 19940114.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 199378012.33$962
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$0

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 2020 — as filed, then multipliedworked
Oil                   50 bbl  × $ 44.64 =     $2,232
Casinghead gas         0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                   $2,232

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/33070 is the state's own key, not one this site invented.