UNIVERSITY "U"

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

Operated by BURLESON, LEWIS B. INC. (P-5 109295) in the EMBAR (5600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33320District 08Field 28843888OilCasinghead gasSave Export

Value, all time

$2.8 M

Jan 1993 – Nov 2008

Value, last 12 filed months

$349 k

at the published price for each month

Months reported

191

no gaps in the span

Streams

oil, casinghead gas

The EMBAR (5600) 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 32 leases and 130 wells, and the rule below applies to all of them.

Discovered

1955-12-04

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,050 ft

minimum

From a lease line

555 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-09-14.

The Commission's schedule remark for this field reads: “INTO THE EMBAR (PERMIAN) FIELD.”

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	52,956 bbl	$1,708,049
Casinghead gas	Production	262,853 Mcf	$1,095,721
Total			$2,803,769

47,656 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 32.1389, -102.7491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.13890, -102.74912 · 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

6,517 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 6,500 and 6,534 ft, median 6,517 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1991 – May 2018

2 of 2 wells

2 wells


42-00338095	5	6,534 ft	May 2018	—	Yes
42-00337006	4	6,500 ft	Dec 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 (191)

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

191 months


Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	422	1,343	131.08	11.39	$70,612
Jun 2008	109	1,348	131.33	13.03	$31,883
May 2008	334	1,383	123.17	11.57	$57,146
Apr 2008	216	1,413	110.31	10.45	$38,600
Mar 2008	321	1,508	101.90	9.66	$47,283
Feb 2008	217	1,357	92.53	8.77	$31,981
Jan 2008	329	1,446	90.38	8.21	$41,601
Dec 2007	218	1,426	88.33	7.30	$29,669
Nov 2007	213	1,564	91.67	7.29	$30,930
Oct 2007	329	1,615	82.85	6.92	$38,437
Sep 2007	220	1,445	75.84	6.24	$25,708
Aug 2007	219	1,569	69.06	6.39	$25,147
Jul 2007	220	1,642	70.90	6.39	$26,087
Jun 2007	337	1,416	62.00	7.55	$31,583
May 2007	224	1,788	58.74	7.85	$27,187
Apr 2007	332	1,337	59.61	7.81	$30,226
Mar 2007	332	1,294	56.92	7.30	$28,346
Feb 2007	221	1,038	55.10	8.22	$20,705
Jan 2007	112	1,229	50.30	6.73	$13,901
Dec 2006	330	1,665	56.65	6.92	$30,214
Nov 2006	331	1,361	54.20	7.62	$28,308
Oct 2006	220	1,580	54.90	6.01	$21,580
Sep 2006	322	1,509	60.08	5.04	$26,947
Aug 2006	329	1,655	68.71	7.34	$34,753
Jul 2006	220	1,653	69.37	6.34	$25,746
Jun 2006	215	1,492	66.28	6.38	$23,775
May 2006	323	1,583	66.01	6.42	$31,492
Apr 2006	316	1,499	64.39	7.36	$31,381
Mar 2006	319	1,515	56.70	7.08	$28,818
Feb 2006	212	1,364	57.59	7.75	$22,782
Jan 2006	302	1,502	60.59	8.93	$31,716
Dec 2005	327	1,605	54.94	13.42	$39,497
Nov 2005	329	1,643	54.69	10.59	$35,390
Oct 2005	229	1,965	58.34	13.80	$40,469
Sep 2005	228	1,506	61.45	12.08	$32,202
Aug 2005	328	1,860	61.51	9.80	$38,397
Jul 2005	351	1,275	55.69	7.84	$29,548
Jun 2005	228	610	52.33	7.38	$16,434
May 2005	232	1,282	45.22	6.65	$19,018
Apr 2005	233	1,507	49.20	7.36	$22,556
Mar 2005	351	1,559	50.37	7.15	$28,834
Feb 2005	235	1,421	45.22	6.31	$19,596
Jan 2005	235	1,569	43.16	6.32	$20,062
Dec 2004	323	1,518	39.86	6.75	$23,123
Nov 2004	231	1,580	45.28	6.33	$20,462
Oct 2004	224	1,578	49.70	6.52	$21,414
Sep 2004	335	1,586	43.24	5.28	$22,866
Aug 2004	223	1,501	42.37	5.55	$17,780
Jul 2004	450	1,627	38.28	6.08	$27,125
Jun 2004	111	1,745	36.10	6.43	$15,233
May 2004	328	1,777	37.48	6.49	$23,834
Apr 2004	221	1,674	34.47	5.86	$17,425
Mar 2004	455	2,002	34.36	5.53	$26,705
Feb 2004	225	1,960	32.45	5.51	$18,100
Jan 2004	234	2,002	32.03	6.30	$20,107
Dec 2003	344	1,749	30.26	6.30	$21,431
Nov 2003	338	1,753	28.80	4.60	$17,790
Oct 2003	338	1,943	28.17	4.76	$18,769
Sep 2003	210	1,844	26.31	4.75	$14,283
Aug 2003	576	1,884	29.76	5.13	$26,806
Jul 2003	225	1,667	29.41	5.17	$15,237
Jun 2003	349	1,052	28.56	5.98	$16,262
May 2003	235	1,104	26.59	5.97	$12,842
Apr 2003	238	1,206	26.67	5.41	$12,869
Mar 2003	478	1,381	31.14	6.10	$23,304
Feb 2003	484	1,132	33.48	7.93	$25,176
Jan 2003	252	1,286	30.31	5.58	$14,817
Dec 2002	250	1,120	26.91	4.85	$12,164
Nov 2002	484	1,177	24.66	4.14	$16,805
Oct 2002	122	1,236	26.46	4.23	$8,455
Sep 2002	462	1,435	27.44	3.64	$17,894
Aug 2002	247	1,153	25.96	3.16	$10,060
Jul 2002	303	1,149	24.58	3.06	$10,966
Jun 2002	234	904	23.73	3.34	$8,571
May 2002	288	1,395	24.66	3.58	$12,102
Apr 2002	532	1,400	23.65	3.51	$17,499
Mar 2002	288	1,242	22.00	3.10	$10,190
Feb 2002	273	1,237	18.22	2.38	$7,913
Jan 2002	273	1,139	17.17	2.38	$7,393
Dec 2001	289	984	16.93	2.36	$7,219
Nov 2001	255	1,319	18.07	2.41	$7,781
Oct 2001	304	1,482	19.78	2.53	$9,761
Sep 2001	302	1,525	24.26	2.25	$10,760
Aug 2001	282	1,617	24.87	3.05	$11,950
Jul 2001	270	1,360	23.93	3.20	$10,809
Jun 2001	503	1,359	24.56	3.82	$17,551
May 2001	294	1,374	25.52	4.31	$13,421
Apr 2001	294	1,268	24.68	5.34	$14,021
Mar 2001	298	1,524	24.54	5.38	$15,507
Feb 2001	583	1,519	27.75	5.77	$24,938
Jan 2001	282	1,706	27.47	8.40	$22,075
Dec 2000	300	1,730	26.88	9.12	$23,846
Nov 2000	599	1,930	32.21	5.66	$30,214
Oct 2000	589	1,789	31.23	5.15	$27,600
Sep 2000	0	1,128	31.87	5.19	$5,850
Aug 2000	242	1,226	29.64	4.54	$12,740
Jul 2000	293	1,512	28.53	4.09	$14,543
Jun 2000	304	1,536	29.30	4.40	$15,661
May 2000	301	1,421	27.26	3.68	$13,434
Apr 2000	300	1,521	24.51	3.12	$12,092
Mar 2000	303	1,581	28.42	2.86	$13,133
Feb 2000	302	1,468	27.62	2.73	$12,344
Jan 2000	305	1,493	25.27	2.48	$11,411
Dec 1999	532	1,502	24.28	2.42	$16,557
Nov 1999	306	1,521	23.19	2.43	$10,798
Oct 1999	261	1,644	20.98	2.80	$10,085
Sep 1999	291	1,595	21.75	2.62	$10,506
Aug 1999	303	1,666	19.26	2.88	$10,627
Jul 1999	498	1,684	17.89	2.37	$12,904
Jun 1999	302	1,580	15.94	2.36	$8,546
May 1999	255	1,615	15.79	2.32	$7,775
Apr 1999	304	1,665	15.10	2.21	$8,267
Mar 1999	603	1,663	12.47	1.84	$10,577
Feb 1999	307	1,459	9.98	1.82	$5,716
Jan 1999	297	1,695	10.38	1.90	$6,303
Dec 1998	305	1,648	9.20	1.77	$5,728
Nov 1998	564	1,653	10.89	2.19	$9,755
Oct 1998	302	1,907	12.42	1.97	$7,506
Sep 1998	603	1,931	12.59	2.08	$11,613
Aug 1998	591	2,020	11.30	1.91	$10,531
Jul 1998	599	2,103	11.74	2.24	$11,737
Jun 1998	543	2,066	11.24	2.24	$10,726
May 1998	860	2,432	12.62	2.21	$16,219
Apr 1998	306	1,857	13.04	2.51	$8,643
Mar 1998	301	1,655	12.80	2.31	$7,675
Feb 1998	277	1,601	13.95	2.30	$7,545
Jan 1998	308	1,888	14.70	2.15	$8,596
Dec 1997	278	1,858	16.32	2.41	$9,017
Nov 1997	284	1,914	18.19	3.09	$11,077
Oct 1997	289	1,594	19.25	3.15	$10,584
Sep 1997	570	2,105	17.74	2.95	$16,332
Aug 1997	284	2,144	17.86	2.55	$10,550
Jul 1997	558	2,367	17.58	2.25	$15,128
Jun 1997	325	2,289	17.24	2.26	$10,770
May 1997	331	1,517	18.97	2.31	$9,781
Apr 1997	290	1,537	17.88	2.08	$8,386
Mar 1997	165	1,347	18.95	1.94	$5,739
Feb 1997	148	1,227	20.49	2.21	$5,739
Jan 1997	167	1,397	23.48	3.54	$8,866
Dec 1996	169	1,274	23.32	—	$3,941
Nov 1996	166	1,312	21.97	—	$3,647
Oct 1996	171	1,462	23.31	—	$3,986
Sep 1996	143	1,435	22.22	—	$3,177
Aug 1996	164	1,499	20.26	—	$3,323
Jul 1996	166	1,445	19.55	—	$3,245
Jun 1996	163	898	18.73	—	$3,053
May 1996	137	1,369	19.43	—	$2,662
Apr 1996	119	1,124	21.51	—	$2,560
Mar 1996	143	1,221	19.38	—	$2,771
Feb 1996	165	1,160	16.98	—	$2,802
Jan 1996	160	1,096	17.07	—	$2,731
Dec 1995	165	1,142	17.19	—	$2,836
Nov 1995	163	1,055	16.00	—	$2,608
Oct 1995	156	862	15.43	—	$2,407
Sep 1995	158	917	16.18	—	$2,556
Aug 1995	318	895	15.92	—	$5,063
Jul 1995	158	646	15.24	—	$2,408
Jun 1995	0	669	16.41	—	$0
May 1995	307	995	17.56	—	$5,391
Apr 1995	164	986	17.73	—	$2,908
Mar 1995	169	1,011	16.44	—	$2,778
Feb 1995	160	893	16.58	—	$2,653
Jan 1995	155	895	15.92	—	$2,468
Dec 1994	307	887	15.03	—	$4,614
Nov 1994	0	995	15.90	—	$0
Oct 1994	297	982	15.58	—	$4,627
Sep 1994	151	963	15.29	—	$2,309
Aug 1994	148	879	16.13	—	$2,387
Jul 1994	153	814	17.56	—	$2,687
Jun 1994	154	867	17.09	—	$2,632
May 1994	156	551	15.88	—	$2,477
Apr 1994	158	852	14.14	—	$2,234
Mar 1994	287	941	12.46	—	$3,576
Feb 1994	158	826	12.50	—	$1,975
Jan 1994	171	836	12.66	—	$2,165
Dec 1993	191	894	12.33	—	$2,355
Nov 1993	367	885	14.49	—	$5,318
Oct 1993	162	1,008	15.85	—	$2,568
Sep 1993	157	963	15.03	—	$2,360
Aug 1993	152	1,117	15.66	—	$2,380
Jul 1993	188	816	15.46	—	$2,906
Jun 1993	290	1,074	16.79	—	$4,869
May 1993	164	722	17.68	—	$2,900
Apr 1993	172	862	18.05	—	$3,105
Mar 1993	329	911	18.14	—	$5,968
Feb 1993	185	836	17.90	—	$3,312
Jan 1993	366	914	16.93	—	$6,196

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.

Jul 2008 — as filed, then multipliedworked

Oil                  422 bbl  × $131.08 =    $55,316
Casinghead gas     1,343 Mcf  × $ 11.39 =    $15,296

────────────────────────────────────────────────────
Month total                                  $70,612

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/33320 is the state's own key, not one this site invented.