UNIVERSITY-AMEX

Operated by RING ENERGY, INC. (P-5 712382) 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 33467District 08Field 82570500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.2 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 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.

StreamBasisVolumeValue
OilDisposition123,205 bbl$4,190,125
Casinghead gasProduction31,109 Mcf$25,880
Total$4,216,005

21,936 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 (3)

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 32.4084, -102.6883. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.40794, -102.68828 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
4,900 ft
3 wells filed one
Completion to plug
29.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 4,875 and 4,900 ft, median 4,900 ft, over the 3 wells that filed a depth.

Completions filed
May 1992 – Jun 1993
3 of 3 wells
Plug dates filed
Oct 2021
1 of 3 wells; 2 filed none

Last completion to plug: a median of 29.4 years across the 1 well that filed both dates, with the middle half between 29.4 years and 29.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-0033725134,875 ftJun 1993
42-0033716124,900 ftNov 1992
42-0033706814,900 ftMay 1992Oct 2021Yes

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 20200044.642.68$0
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 2019173058.482.74$10,117
Apr 20190062.632.75$0
Mar 2019163056.803.06$9,258
Feb 20190050.852.79$0
Jan 2019168046.033.23$7,733
Dec 2018176046.594.19$8,200
Nov 2018338052.934.24$17,890
Oct 2018315061.443.40$19,354
Sep 20180059.543.11$0
Aug 2018168059.403.07$9,979
Jul 2018153065.142.93$9,966
Jun 2018160060.183.08$9,629
May 2018170065.382.90$11,115
Apr 20180063.842.90$0
Mar 2018136061.222.79$8,326
Feb 2018161061.782.77$9,947
Jan 2018165062.874.01$10,374
Dec 2017330057.272.92$18,899
Nov 2017164055.423.12$9,089
Oct 20170049.292.98$0
Sep 2017177047.523.09$8,411
Aug 2017326045.373.00$14,791
Jul 2017163043.873.09$7,151
Jun 2017326042.493.09$13,852
May 2017482045.373.26$21,868
Apr 2017159047.933.21$7,621
Mar 2017162046.772.98$7,577
Feb 20170050.452.95$0
Jan 2017162049.413.42$8,004
Dec 2016157048.763.72$7,655
Nov 20160042.492.64$0
Oct 2016161046.193.09$7,437
Sep 2016143041.553.10$5,942
Aug 2016155041.442.92$6,423
Jul 2016158041.622.92$6,576
Jun 2016159045.352.69$7,211
May 20160042.521.99$0
Apr 2016163036.561.99$5,959
Mar 2016160033.011.79$5,282
Feb 2016334026.472.06$8,841
Jan 2016166027.352.36$4,540
Dec 2015172032.362.00$5,566
Nov 2015167038.792.17$6,478
Oct 2015174043.552.43$7,578
Sep 2015177042.992.76$7,609
Aug 2015163040.162.87$6,546
Jul 2015167048.152.95$8,041
Jun 2015169056.152.88$9,489
May 2015171055.212.96$9,441
Apr 2015349049.822.71$17,387
Mar 2015336042.892.93$14,411
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014244054.693.59$13,344
Nov 2014184070.464.25$12,965
Oct 2014342078.303.90$26,779
Sep 20142086.164.05$172
Aug 2014340089.394.04$30,393
Jul 2014336096.564.18$32,444
Jun 20141098.164.74$98
May 2014284094.734.73$26,903
Apr 2014164095.944.81$15,734
Mar 2014329095.895.06$31,548
Feb 2014173097.406.19$16,850
Jan 2014175090.404.86$15,820
Dec 2013346091.824.35$31,770
Nov 2013163088.853.74$14,483
Oct 2013168097.423.78$16,367
Sep 20131640104.113.72$17,074
Aug 20133280104.253.52$34,194
Jul 20131690102.523.72$17,326
Jun 2013327094.403.93$30,869
May 2013325094.834.15$30,820
Apr 2013170093.964.28$15,973
Mar 2013184093.623.91$17,226
Feb 2013343091.233.42$31,292
Jan 20132091.603.42$183
Dec 2012340086.773.42$29,502
Nov 2012186086.953.62$16,173
Oct 2012349089.383.40$31,194
Sep 2012357094.672.92$33,797
Aug 2012179092.662.91$16,586
Jul 2012330085.133.02$28,093
Jun 2012163079.822.52$13,011
May 2012339091.612.49$31,056
Apr 20121540101.652.00$15,654
Mar 20124870105.052.22$51,159
Feb 20123550101.102.57$35,891
Jan 2012508098.092.73$49,830
Dec 2011317096.873.24$30,708
Nov 20113095.723.31$287
Oct 2011162084.983.65$13,767
Sep 20110083.623.99$0
Aug 2011163083.404.15$13,594
Jul 2011160094.144.52$15,062
Jun 20110092.904.64$0
May 2011111098.134.40$10,892
Apr 20111590105.964.33$16,848
Mar 2011149096.364.06$14,358
Feb 2011168085.644.18$14,388
Jan 2011164086.504.59$14,186
Dec 2010168085.734.35$14,403
Nov 2010165080.843.80$13,339
Oct 20100078.103.51$0
Sep 2010160072.633.98$11,621
Aug 2010171073.684.42$12,599
Jul 2010171072.554.74$12,406
Jun 2010168070.364.91$11,820
May 20100071.124.24$0
Apr 2010168081.694.12$13,724
Mar 2010173078.394.39$13,561
Feb 20100073.585.44$0
Jan 2010160074.365.96$11,898
Dec 2009172071.445.48$12,288
Nov 2009344074.593.75$25,659
Oct 2009170072.544.11$12,332
Sep 2009345065.543.06$22,611
Aug 2009169067.423.22$11,394
Jul 2009331061.133.46$20,234
Jun 2009171066.163.90$11,313
May 2009163054.743.93$8,923
Apr 2009328046.773.59$15,341
Mar 2009169042.144.06$7,122
Feb 2009172032.814.63$5,643
Jan 2009161035.865.37$5,773
Dec 2008162037.105.98$6,010
Nov 2008169055.496.86$9,378
Oct 2008331075.246.92$24,904
Sep 20081640101.767.88$16,689
Aug 20083250114.228.48$37,122
Jul 20083360131.0811.39$44,043
Jun 20081600131.3313.03$21,013
May 20083410123.1711.57$42,001
Apr 20083200110.3110.45$35,299
Mar 20081690101.909.66$17,221
Feb 2008300092.538.77$27,759
Jan 2008170090.388.21$15,365
Dec 2007447088.337.30$39,484
Nov 2007160091.677.29$14,667
Oct 2007333082.856.92$27,589
Sep 2007170075.846.24$12,893
Aug 2007322069.066.39$22,237
Jul 2007172070.906.39$12,195
Jun 2007324062.007.55$20,088
May 2007165058.747.85$9,692
Apr 2007162059.617.81$9,657
Mar 2007323056.927.30$18,385
Feb 2007312055.108.22$17,191
Jan 2007350050.306.73$17,605
Dec 2006171056.656.92$9,687
Nov 2006146054.207.62$7,913
Oct 2006345054.906.01$18,941
Sep 2006337060.085.04$20,247
Aug 2006340068.717.34$23,361
Jul 2006479069.376.34$33,228
Jun 2006170066.286.38$11,268
May 2006170066.016.42$11,222
Apr 2006165064.397.36$10,624
Mar 2006169056.707.08$9,582
Feb 2006170057.597.75$9,790
Jan 2006512060.598.93$31,022
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005342058.3413.80$19,952
Sep 2005171061.4512.08$10,508
Aug 2005172061.519.80$10,580
Jul 2005167055.697.84$9,300
Jun 2005168052.337.38$8,791
May 2005344045.226.65$15,556
Apr 2005173049.207.36$8,512
Mar 2005344050.377.15$17,327
Feb 2005175045.226.31$7,914
Jan 2005338043.166.32$14,588
Dec 2004178039.866.75$7,095
Nov 2004354045.286.33$16,029
Oct 2004157049.706.52$7,803
Sep 2004340043.245.28$14,702
Aug 2004343042.375.55$14,533
Jul 2004172038.286.08$6,584
Jun 2004331036.106.43$11,949
May 2004499037.486.49$18,703
Apr 2004169034.475.86$5,825
Mar 2004335034.365.53$11,511
Feb 2004159032.455.51$5,160
Jan 2004347032.036.30$11,114
Dec 2003177030.266.30$5,356
Nov 2003362028.804.60$10,426
Oct 2003340028.174.76$9,578
Sep 2003346026.314.75$9,103
Aug 2003505029.765.13$15,029
Jul 20030029.415.17$0
Jun 2003318028.565.98$9,082
May 2003498026.595.97$13,242
Apr 2003168026.675.41$4,481
Mar 2003356031.146.10$11,086
Feb 2003370033.487.93$12,388
Jan 2003354030.315.58$10,730
Dec 2002345026.914.85$9,284
Nov 2002342024.664.14$8,434
Oct 2002346026.464.23$9,155
Sep 2002172027.443.64$4,720
Aug 2002349025.963.16$9,060
Jul 2002344024.583.06$8,456
Jun 2002300023.733.34$7,119
May 2002356024.663.58$8,779
Apr 2002365023.653.51$8,632
Mar 2002504022.003.10$11,088
Feb 2002331018.222.38$6,031
Jan 2002155017.172.38$2,661
Dec 2001360216.932.36$6,100
Nov 2001513018.072.41$9,270
Oct 2001169019.782.53$3,343
Sep 2001331024.262.25$8,030
Aug 2001500024.873.05$12,435
Jul 2001181123.933.20$4,335
Jun 2001520224.563.82$12,779
May 20013473625.524.31$9,011
Apr 20013431224.685.34$8,529
Mar 20015212424.545.38$12,914
Feb 20011824327.755.77$5,298
Jan 200151011727.478.40$14,992
Dec 200035713226.889.12$10,800
Nov 200034910932.215.66$11,858
Oct 200034514531.235.15$11,520
Sep 200035914131.875.19$12,173
Aug 200026615729.644.54$8,597
Jul 20003539728.534.09$10,468
Jun 200050716729.304.40$15,589
May 20003617227.263.68$10,106
Apr 20001829824.513.12$4,766
Mar 200050618728.422.86$14,915
Feb 20005357027.622.73$14,968
Jan 20003636425.272.48$9,332
Dec 199935116224.282.42$8,915
Nov 19993646023.192.43$8,587
Oct 199936411520.982.80$7,959
Sep 199936214621.752.62$8,256
Aug 199952622119.262.88$10,766
Jul 199935616317.892.37$6,756
Jun 199954522115.942.36$9,209
May 199918619015.792.32$3,378
Apr 199935521015.102.21$5,824
Mar 199954522612.471.84$7,212
Feb 19997302279.981.82$7,698
Jan 199918215710.381.90$2,187
Dec 19983661499.201.77$3,631
Nov 199836519610.892.19$4,403
Oct 199854323112.421.97$7,199
Sep 199854322812.592.08$7,311
Aug 199836012311.301.91$4,303
Jul 199836223511.742.24$4,776
Jun 199836024411.242.24$4,592
May 199838022812.622.21$5,299
Apr 199854823313.042.51$7,730
Mar 199854522512.802.31$7,496
Feb 199836719413.952.30$5,566
Jan 199855321814.702.15$8,599
Dec 199737420716.322.41$6,603
Nov 199755222018.193.09$10,720
Oct 199752724819.253.15$10,926
Sep 199736424617.742.95$7,184
Aug 199754426117.862.55$10,383
Jul 199753927917.582.25$10,103
Jun 199736123617.242.26$6,756
May 199754526318.972.31$10,946
Apr 199754825017.882.08$10,319
Mar 199754422718.951.94$10,749
Feb 199736721220.492.21$7,987
Jan 199754624623.483.54$13,691
Dec 199654825523.32$12,779
Nov 199654722721.97$12,018
Oct 199673331723.31$17,086
Sep 199654429522.22$12,088
Aug 199654031720.26$10,940
Jul 199654432019.55$10,635
Jun 199654831818.73$10,264
May 199672333519.43$14,048
Apr 199654629821.51$11,744
Mar 199673330519.38$14,206
Feb 199654728416.98$9,288
Jan 199673529917.07$12,546
Dec 199555732017.19$9,575
Nov 199573332216.00$11,728
Oct 199572935115.43$11,248
Sep 199572935116.18$11,795
Aug 199572339615.92$11,510
Jul 199572139515.24$10,988
Jun 199572737016.41$11,930
May 199572134717.56$12,661
Apr 199573535417.73$13,032
Mar 199591636916.44$15,059
Feb 199572630316.58$12,037
Jan 199591931215.92$14,630
Dec 199473136715.03$10,987
Nov 199490837415.90$14,437
Oct 199491342215.58$14,225
Sep 199491744715.29$14,021
Aug 19941,27149416.13$20,501
Jul 199488439917.56$15,523
Jun 199490548917.09$15,466
May 19941,25736715.88$19,961
Apr 19941,08915414.14$15,398
Mar 19941,09245212.46$13,606
Feb 199470340612.50$8,788
Jan 19941,28237812.66$16,230
Dec 19931,45743712.33$17,965
Nov 19931,24642914.49$18,055
Oct 19932,00442815.85$31,763
Sep 19932,14893915.03$32,284
Aug 19932,7051,16115.66$42,360
Jul 19933,0331,19015.46$46,890
Jun 19932,15786516.79$36,216
May 19931,26660717.68$22,383
Apr 19931,42564918.05$25,721
Mar 19931,80684918.14$32,761
Feb 19931,99286217.90$35,657
Jan 19932,5561,01116.93$43,273

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 2019 — as filed, then multipliedworked
Oil                  173 bbl  × $ 58.48 =    $10,117
Casinghead gas         0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                  $10,117

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/33467 is the state's own key, not one this site invented.