UNIVERSITY 20-11

Name: UNIVERSITY 20-11 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by O'NEILL PROPERTIES, LTD. (P-5 623700) in the BLOCK 20 (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33731District 08Field 09316850OilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Jul 2004

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

139

no gaps in the span

Streams

oil, casinghead gas

The BLOCK 20 (WOLFCAMP) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1993-01-07

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

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	66,604 bbl	$1,194,691
Casinghead gas	Production	37,366 Mcf	$75,444
Total			$1,270,136

13,103 Mcf of this lease's gas, across 47 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 31.7418, -103.3045. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74178, -103.30449 · 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

11,744 ft

1 wells filed one

Completion to plug

—

1 well filed both, dated out of order

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 11,744 ft.

Completions filed

Nov 2011

1 of 1 wells

Plug dates filed

Feb 2004

1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49532413	1	11,744 ft	Nov 2011	Feb 2004	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 (139)

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

139 months


Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	133	0	28.17	4.76	$3,747
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	343	0	26.59	5.97	$9,120
Apr 2003	0	170	26.67	5.41	$919
Mar 2003	0	134	31.14	6.10	$817
Feb 2003	328	37	33.48	7.93	$11,275
Jan 2003	0	89	30.31	5.58	$497
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	167	247	24.66	4.14	$5,140
Oct 2002	360	268	26.46	4.23	$10,659
Sep 2002	183	292	27.44	3.64	$6,083
Aug 2002	567	345	25.96	3.16	$15,811
Jul 2002	366	434	24.58	3.06	$10,325
Jun 2002	181	211	23.73	3.34	$5,000
May 2002	172	167	24.66	3.58	$4,840
Apr 2002	325	234	23.65	3.51	$8,508
Mar 2002	0	207	22.00	3.10	$642
Feb 2002	0	55	18.22	2.38	$131
Jan 2002	684	256	17.17	2.38	$12,352
Dec 2001	0	297	16.93	2.36	$702
Nov 2001	373	247	18.07	2.41	$7,334
Oct 2001	388	264	19.78	2.53	$8,342
Sep 2001	396	277	24.26	2.25	$10,231
Aug 2001	192	318	24.87	3.05	$5,746
Jul 2001	174	330	23.93	3.20	$5,219
Jun 2001	352	331	24.56	3.82	$9,911
May 2001	385	333	25.52	4.31	$11,260
Apr 2001	0	325	24.68	5.34	$1,734
Mar 2001	331	220	24.54	5.38	$9,306
Feb 2001	376	330	27.75	5.77	$12,337
Jan 2001	347	317	27.47	8.40	$12,195
Dec 2000	197	306	26.88	9.12	$8,087
Nov 2000	178	302	32.21	5.66	$7,442
Oct 2000	490	310	31.23	5.15	$16,898
Sep 2000	179	226	31.87	5.19	$6,877
Aug 2000	353	353	29.64	4.54	$12,066
Jul 2000	355	286	28.53	4.09	$11,298
Jun 2000	174	230	29.30	4.40	$6,110
May 2000	176	358	27.26	3.68	$6,115
Apr 2000	528	324	24.51	3.12	$13,951
Mar 2000	361	355	28.42	2.86	$11,275
Feb 2000	182	333	27.62	2.73	$5,935
Jan 2000	532	384	25.27	2.48	$14,396
Dec 1999	353	376	24.28	2.42	$9,482
Nov 1999	358	364	23.19	2.43	$9,188
Oct 1999	350	398	20.98	2.80	$8,459
Sep 1999	360	401	21.75	2.62	$8,880
Aug 1999	360	416	19.26	2.88	$8,130
Jul 1999	541	468	17.89	2.37	$10,789
Jun 1999	364	438	15.94	2.36	$6,837
May 1999	692	597	15.79	2.32	$12,312
Apr 1999	181	174	15.10	2.21	$3,117
Mar 1999	180	325	12.47	1.84	$2,842
Feb 1999	350	289	9.98	1.82	$4,018
Jan 1999	356	278	10.38	1.90	$4,223
Dec 1998	361	334	9.20	1.77	$3,913
Nov 1998	349	347	10.89	2.19	$4,559
Oct 1998	177	314	12.42	1.97	$2,817
Sep 1998	357	320	12.59	2.08	$5,161
Aug 1998	315	334	11.30	1.91	$4,197
Jul 1998	364	167	11.74	2.24	$4,647
Jun 1998	354	350	11.24	2.24	$4,762
May 1998	527	273	12.62	2.21	$7,253
Apr 1998	350	486	13.04	2.51	$5,782
Mar 1998	523	503	12.80	2.31	$7,856
Feb 1998	178	203	13.95	2.30	$2,950
Jan 1998	363	347	14.70	2.15	$6,084
Dec 1997	354	420	16.32	2.41	$6,790
Nov 1997	361	367	18.19	3.09	$7,700
Oct 1997	534	420	19.25	3.15	$11,602
Sep 1997	361	380	17.74	2.95	$7,527
Aug 1997	364	401	17.86	2.55	$7,525
Jul 1997	541	404	17.58	2.25	$10,419
Jun 1997	355	486	17.24	2.26	$7,217
May 1997	536	517	18.97	2.31	$11,361
Apr 1997	714	602	17.88	2.08	$14,020
Mar 1997	350	417	18.95	1.94	$7,441
Feb 1997	515	370	20.49	2.21	$11,369
Jan 1997	363	475	23.48	3.54	$10,205
Dec 1996	350	501	23.32	—	$8,162
Nov 1996	530	468	21.97	—	$11,644
Oct 1996	714	555	23.31	—	$16,643
Sep 1996	371	432	22.22	—	$8,244
Aug 1996	365	544	20.26	—	$7,395
Jul 1996	559	540	19.55	—	$10,928
Jun 1996	536	549	18.73	—	$10,039
May 1996	544	636	19.43	—	$10,570
Apr 1996	540	522	21.51	—	$11,615
Mar 1996	526	536	19.38	—	$10,194
Feb 1996	730	676	16.98	—	$12,395
Jan 1996	552	870	17.07	—	$9,423
Dec 1995	700	870	17.19	—	$12,033
Nov 1995	534	870	16.00	—	$8,544
Oct 1995	681	870	15.43	—	$10,508
Sep 1995	700	870	16.18	—	$11,326
Aug 1995	715	870	15.92	—	$11,383
Jul 1995	633	870	15.24	—	$9,647
Jun 1995	701	870	16.41	—	$11,503
May 1995	702	7	17.56	—	$12,327
Apr 1995	719	7	17.73	—	$12,748
Mar 1995	535	7	16.44	—	$8,795
Feb 1995	1,041	7	16.58	—	$17,260
Jan 1995	715	7	15.92	—	$11,383
Dec 1994	701	7	15.03	—	$10,536
Nov 1994	1,066	7	15.90	—	$16,949
Oct 1994	893	7	15.58	—	$13,913
Sep 1994	709	7	15.29	—	$10,841
Aug 1994	881	7	16.13	—	$14,211
Jul 1994	870	7	17.56	—	$15,277
Jun 1994	1,059	7	17.09	—	$18,098
May 1994	1,054	7	15.88	—	$16,738
Apr 1994	1,047	7	14.14	—	$14,805
Mar 1994	901	7	12.46	—	$11,226
Feb 1994	1,243	7	12.50	—	$15,538
Jan 1994	1,419	7	12.66	—	$17,965
Dec 1993	1,562	7	12.33	—	$19,259
Nov 1993	1,418	7	14.49	—	$20,547
Oct 1993	1,229	7	15.85	—	$19,480
Sep 1993	356	7	15.03	—	$5,351
Aug 1993	1,459	7	15.66	—	$22,848
Jul 1993	1,421	7	15.46	—	$21,969
Jun 1993	1,600	7	16.79	—	$26,864
May 1993	1,966	7	17.68	—	$34,759
Apr 1993	2,828	7	18.05	—	$51,045
Mar 1993	1,096	1	18.14	—	$19,881
Feb 1993	294	1	17.90	—	$5,263
Jan 1993	0	0	16.93	—	$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.

Oct 2003 — as filed, then multipliedworked

Oil                  133 bbl  × $ 28.17 =     $3,747
Casinghead gas         0 Mcf  × $  4.76 =         $0

────────────────────────────────────────────────────
Month total                                   $3,747

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/33731 is the state's own key, not one this site invented.