UNIVERSITY "41"

Operated by MARALO, LLC (P-5 525339) in the MCFARLAND (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33201District 08Field 59419140Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.8 M
Jan 1993 – Dec 2004
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
144
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1981-06-15
as the register files it
Field class
Oil
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.

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
OilDisposition134,291 bbl$2,606,727
Casinghead gasProduction80,877 Mcf$163,722
Total$2,770,450

34,171 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 32.3854, -102.4665. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38544, -102.46647 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,865 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
1100.0%
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

The one well that filed a depth was drilled to 13,865 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-00303381113,865 ftSep 2004Yes

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 (144)

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

144 months

Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004122043.245.28$5,275
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200452234034.475.86$19,985
Mar 200465047834.365.53$24,977
Feb 200461042832.455.51$22,153
Jan 200469540932.036.30$24,837
Dec 200349547130.266.30$17,947
Nov 200364745828.804.60$20,738
Oct 200354149528.174.76$17,596
Sep 200364650126.314.75$19,376
Aug 200366752629.765.13$22,548
Jul 200352953929.415.17$18,345
Jun 200348747128.565.98$16,727
May 200363940326.595.97$19,398
Apr 200339436026.675.41$12,455
Mar 200349245131.146.10$18,070
Feb 200353947933.487.93$21,842
Jan 200363051930.315.58$21,992
Dec 200258759526.914.85$18,684
Nov 200257757924.664.14$16,624
Oct 200260264826.464.23$18,669
Sep 200266443027.443.64$19,783
Aug 200259555725.963.16$17,209
Jul 200228018524.583.06$7,449
Jun 200284153523.733.34$21,743
May 200252648124.663.58$14,695
Apr 200289954723.653.51$23,183
Mar 200272163122.003.10$17,820
Feb 200266453718.222.38$13,374
Jan 200268351617.172.38$12,953
Dec 200174655316.932.36$13,937
Nov 200174953318.072.41$14,817
Oct 200181059419.782.53$17,524
Sep 200179157824.262.25$20,491
Aug 200176059824.873.05$20,727
Jul 200188562023.933.20$23,160
Jun 200163644224.563.82$17,310
May 200178150825.524.31$22,119
Apr 200176240324.685.34$20,956
Mar 200166726824.545.38$17,809
Feb 200179947627.755.77$24,917
Jan 200184648127.478.40$27,279
Dec 200084640926.889.12$26,472
Nov 200079053032.215.66$28,445
Oct 200083352931.235.15$28,737
Sep 200077557131.875.19$27,661
Aug 200092454129.644.54$29,844
Jul 200088558028.534.09$27,621
Jun 200085858829.304.40$27,725
May 200091754927.263.68$27,018
Apr 200086053924.513.12$22,758
Mar 200088649828.422.86$26,604
Feb 200084948627.622.73$24,774
Jan 200066440825.272.48$17,791
Dec 199988649724.282.42$22,717
Nov 199981439523.192.43$19,838
Oct 199992244620.982.80$20,594
Sep 199987240621.752.62$20,029
Aug 199987846719.262.88$18,253
Jul 199985738417.892.37$16,243
Jun 199995138715.942.36$16,073
May 199976736915.792.32$12,967
Apr 199995732915.102.21$15,177
Mar 19991,01542112.471.84$13,431
Feb 19991,2243339.981.82$12,821
Jan 199984633310.381.90$9,414
Dec 19989333159.201.77$9,142
Nov 199896320110.892.19$10,926
Oct 19981,17371112.421.97$15,969
Sep 199895458012.592.08$13,219
Aug 199890864411.301.91$11,489
Jul 199893174411.742.24$12,594
Jun 199887568311.242.24$11,363
May 199891959612.622.21$12,913
Apr 199851731513.042.51$7,531
Mar 19981,01560112.802.31$14,380
Feb 19981,03569113.952.30$16,027
Jan 19981,04470214.702.15$16,859
Dec 199794367116.322.41$17,008
Nov 19971,03283118.193.09$21,338
Oct 19971,08689719.253.15$23,731
Sep 199791758217.742.95$17,987
Aug 199788855517.862.55$17,278
Jul 19971,17876517.582.25$22,428
Jun 199767589317.242.26$13,653
May 19971,02188418.972.31$21,409
Apr 19971,01582917.882.08$19,875
Mar 19971,09887518.951.94$22,504
Feb 199792767920.492.21$20,492
Jan 19971,18884423.483.54$30,882
Dec 19961,23981623.32$28,893
Nov 19961,23873121.97$27,199
Oct 19961,25382923.31$29,207
Sep 19961,27899422.22$28,397
Aug 19961,39191020.26$28,182
Jul 19961,5371,01719.55$30,048
Jun 19961,5831,03818.73$29,650
May 19961,13282919.43$21,995
Apr 19961,71283021.51$36,825
Mar 19961,6031,09819.38$31,066
Feb 19961,62684916.98$27,609
Jan 19961,77997417.07$30,368
Dec 19951,76193417.19$30,272
Nov 19951,9171,04016.00$30,672
Oct 199596770115.43$14,921
Sep 199589669216.18$14,497
Aug 199587323015.92$13,898
Jul 19951,38919015.24$21,168
Jun 199589435016.41$14,671
May 19951,07843317.56$18,930
Apr 19951,23349417.73$21,861
Mar 19951,13929616.44$18,725
Feb 199565517016.58$10,860
Jan 19951,29239815.92$20,569
Dec 19941,26447515.03$18,998
Nov 19941,19061215.90$18,921
Oct 19941,40067215.58$21,812
Sep 19941,09256615.29$16,697
Aug 19941,59686616.13$25,743
Jul 19941,18172417.56$20,738
Jun 19941,22563017.09$20,935
May 19941,27266615.88$20,199
Apr 19941,25467614.14$17,732
Mar 19941,18167312.46$14,715
Feb 19941,15642712.50$14,450
Jan 19941,16052712.66$14,686
Dec 19931,16768312.33$14,389
Nov 19931,44478614.49$20,924
Oct 19931,44380315.85$22,872
Sep 19931,37476515.03$20,651
Aug 19931,51484415.66$23,709
Jul 19931,28479115.46$19,851
Jun 19931,42583416.79$23,926
May 19931,54193117.68$27,245
Apr 19931,21465818.05$21,913
Mar 19931,46084918.14$26,484
Feb 19931,63990617.90$29,338
Jan 19931,86396416.93$31,541

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.

Sep 2004 — as filed, then multipliedworked
Oil                  122 bbl  × $ 43.24 =     $5,275
Casinghead gas         0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $5,275

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/33201 is the state's own key, not one this site invented.