UNIVERSITY "K"

Operated by SPINDLETOP DRILLING CO. (P-5 809924) in the RHODA WALKER (CANYON 5900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34070District 08Field 76184333Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.0 M
Jan 1994 – Jul 2024
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
367
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 124 leases and 306 wells, and the rule below applies to all of them.

Discovered
1967-08-28
as the register files it
Field class
Oil and gas
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 20 acres. The field rule took effect on 2017-08-01.

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: BETWEEN WELL SPACING.

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
OilDisposition77,536 bbl$2,059,205
Casinghead gasProduction305,418 Mcf$1,963,083
Total$4,022,288

13 Mcf of this lease's gas, across 13 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 31.5258, -103.1925. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.52614, -103.19288 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
5,988 ft
3 wells filed one
Completion to plug
20.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 2,169 and 6,601 ft, median 5,988 ft, over the 3 wells that filed a depth.

Completions filed
Jan 1994 – Aug 1999
3 of 3 wells
Plug dates filed
Nov 1984 – Dec 2020
3 of 3 wells

Last completion to plug: a median of 20.7 years across the 2 wells that filed both dates, with the middle half between 20.3 years and 21.0 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

3 wells

42-4753457836,601 ftAug 1999Dec 2020Yes
42-4753422725,988 ftJun 1995Jun 2015Yes
42-4753058112,169 ftJan 1994Nov 1984Yes

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 (367)

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

367 months

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 202339071.262.61$2,779
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 2020017357.252.09$362
Dec 2019017459.012.30$401
Nov 2019019455.302.75$534
Oct 2019024553.472.42$593
Sep 2019029255.052.66$776
Aug 2019034853.112.30$802
Jul 2019035256.272.46$866
Jun 20198734352.782.49$5,446
May 2019035258.482.74$965
Apr 2019031462.632.75$864
Mar 2019020356.803.06$622
Feb 201913718150.852.79$7,472
Jan 201916419346.033.23$8,172
Dec 2018035746.594.19$1,494
Nov 201806252.934.24$263
Oct 2018015361.443.40$520
Sep 2018010059.543.11$311
Aug 201809359.403.07$285
Jul 2018016265.142.93$475
Jun 201811118260.183.08$7,240
May 20181020665.382.90$1,251
Apr 20181617963.842.90$1,541
Mar 201815315561.222.79$9,799
Feb 201804361.782.77$119
Jan 201803062.874.01$120
Dec 201726157.272.92$293
Nov 2017029955.423.12$932
Oct 2017035049.292.98$1,044
Sep 201716727947.523.09$8,797
Aug 2017030245.373.00$907
Jul 2017322443.873.09$823
Jun 2017622842.493.09$959
May 2017024445.373.26$796
Apr 2017226147.933.21$934
Mar 2017029946.772.98$892
Feb 201716744050.452.95$9,724
Jan 2017049649.413.42$1,696
Dec 2016034548.763.72$1,284
Nov 2016019842.492.64$524
Oct 201618257946.193.09$10,196
Sep 2016064541.553.10$2,000
Aug 201616895941.442.92$9,766
Jul 201601,04741.622.92$3,062
Jun 201617299445.352.69$10,470
May 2016073942.521.99$1,471
Apr 201601,00236.561.99$1,995
Mar 201617179633.011.79$7,073
Feb 2016073726.472.06$1,521
Jan 2016284327.352.36$2,048
Dec 201517490632.362.00$7,444
Nov 2015079238.792.17$1,717
Oct 201502,29143.552.43$5,559
Sep 201501,33642.992.76$3,685
Aug 2015283640.162.87$2,482
Jul 20151651,07648.152.95$11,114
Jun 2015141,01256.152.88$3,704
May 20151721,02355.212.96$12,520
Apr 2015092749.822.71$2,509
Mar 201501,04742.892.93$3,073
Feb 201517226144.662.98$8,458
Jan 2015038943.433.10$1,206
Dec 2014141254.693.59$1,534
Nov 201417251970.464.25$14,326
Oct 20142777378.303.90$5,130
Sep 201417480386.164.05$18,240
Aug 2014084689.394.04$3,414
Jul 201401,05496.564.18$4,405
Jun 201417090698.164.74$20,979
May 2014182894.734.73$4,008
Apr 2014787795.944.81$4,889
Mar 201417482495.895.06$20,852
Feb 2014075297.406.19$4,656
Jan 201417164890.404.86$18,608
Dec 2013064691.824.35$2,813
Nov 2013047688.853.74$1,779
Oct 2013053697.423.78$2,026
Sep 2013173403104.113.72$19,509
Aug 20130307104.253.52$1,081
Jul 2013176549102.523.72$20,085
Jun 2013056494.403.93$2,218
May 201317959694.834.15$19,447
Apr 2013053393.964.28$2,283
Mar 201319551493.623.91$20,267
Feb 2013046091.233.42$1,573
Jan 2013043691.603.42$1,491
Dec 201218438586.773.42$17,282
Nov 2012023586.953.62$852
Oct 201217719089.383.40$16,466
Sep 2012015694.672.92$455
Aug 201215623092.662.91$15,124
Jul 2012015985.133.02$480
Jun 201217114879.822.52$14,022
May 2012012191.612.49$301
Apr 2012169385101.652.00$17,948
Mar 20120253105.052.22$562
Feb 20120209101.102.57$537
Jan 201217521798.092.73$17,759
Dec 201117719496.873.24$17,775
Nov 2011033695.723.31$1,113
Oct 201117238084.983.65$16,003
Sep 2011019383.623.99$769
Aug 201115624183.404.15$14,010
Jul 201119094.144.52$501
Jun 20110092.904.64$0
May 2011022898.134.40$1,004
Apr 20110403105.964.33$1,746
Mar 2011040496.364.06$1,639
Feb 201115875285.644.18$16,674
Jan 20112043586.504.59$3,726
Dec 2010082685.734.35$3,591
Nov 201007080.843.80$266
Oct 201016511578.103.51$13,290
Sep 201017224472.633.98$13,463
Aug 2010074773.684.42$3,301
Jul 201017427772.554.74$13,936
Jun 201017574370.364.91$15,961
May 2010091471.124.24$3,871
Apr 2010053381.694.12$2,197
Mar 20101712,37378.394.39$23,819
Feb 201002,60773.585.44$14,188
Jan 20101632,84874.365.96$29,106
Dec 200903,06971.445.48$16,830
Nov 20091703,14574.593.75$24,479
Oct 200903,64372.544.11$14,974
Sep 20091633,42165.543.06$21,168
Aug 200902,40467.423.22$7,737
Jul 20091574,04961.133.46$23,625
Jun 200904,18266.163.90$16,289
May 20091704,44654.743.93$26,760
Apr 20091633,80346.773.59$21,267
Mar 20091663,90042.144.06$22,825
Feb 20091784,12932.814.63$24,970
Jan 20091715,65535.865.37$36,505
Dec 20081735,97937.105.98$42,156
Nov 200806,40455.496.86$43,934
Oct 20085157,20775.246.92$88,635
Sep 200807,060101.767.88$55,612
Aug 20081208,659114.228.48$87,161
Jul 20082319,581131.0811.39$139,402
Jun 20081670131.3313.03$21,932
May 20084014,383123.1711.57$171,400
Apr 2008014,994110.3110.45$156,760
Mar 2008018,307101.909.66$176,920
Feb 2008019,34592.538.77$169,667
Jan 2008022,92590.388.21$188,116
Dec 200708,19988.337.30$59,869
Nov 200701,73191.677.29$12,622
Oct 2007014882.856.92$1,024
Sep 2007018575.846.24$1,155
Aug 2007022669.066.39$1,444
Jul 2007023170.906.39$1,476
Jun 2007021162.007.55$1,593
May 2007024658.747.85$1,930
Apr 2007022259.617.81$1,733
Mar 2007022656.927.30$1,650
Feb 2007017755.108.22$1,454
Jan 2007016150.306.73$1,083
Dec 2006013156.656.92$906
Nov 2006018654.207.62$1,417
Oct 200604554.906.01$271
Sep 20060060.085.04$0
Aug 2006013768.717.34$1,006
Jul 2006036369.376.34$2,302
Jun 2006022566.286.38$1,436
May 200607566.016.42$482
Apr 200604664.397.36$339
Mar 2006012756.707.08$900
Feb 2006022257.597.75$1,721
Jan 200616625860.598.93$12,363
Dec 2005014954.9413.42$1,999
Nov 200509254.6910.59$974
Oct 2005029958.3413.80$4,125
Sep 2005035561.4512.08$4,288
Aug 2005035461.519.80$3,468
Jul 2005033555.697.84$2,628
Jun 2005035252.337.38$2,598
May 2005035645.226.65$2,368
Apr 2005018749.207.36$1,376
Mar 2005024650.377.15$1,760
Feb 2005031345.226.31$1,976
Jan 2005035243.166.32$2,225
Dec 200415638339.866.75$8,804
Nov 2004039645.286.33$2,507
Oct 2004031449.706.52$2,046
Sep 2004029343.245.28$1,548
Aug 2004036142.375.55$2,004
Jul 2004038738.286.08$2,355
Jun 2004035936.106.43$2,309
May 2004044437.486.49$2,884
Apr 2004039734.475.86$2,326
Mar 2004037534.365.53$2,074
Feb 2004032332.455.51$1,780
Jan 2004035632.036.30$2,243
Dec 200317637830.266.30$7,708
Nov 2003036728.804.60$1,686
Oct 2003036128.174.76$1,718
Sep 2003038026.314.75$1,805
Aug 2003040829.765.13$2,093
Jul 2003039529.415.17$2,042
Jun 2003026828.565.98$1,603
May 2003233226.595.97$2,036
Apr 200314435426.675.41$5,755
Mar 2003035231.146.10$2,146
Feb 2003135833.487.93$2,871
Jan 2003035030.315.58$1,954
Dec 20023026.914.85$81
Nov 2002159024.664.14$3,921
Oct 20025026.464.23$132
Sep 20027027.443.64$192
Aug 2002175025.963.16$4,543
Jul 2002043724.583.06$1,338
Jun 200213243023.733.34$4,568
May 200233536724.663.58$9,576
Apr 20022141223.653.51$1,944
Mar 20022043822.003.10$1,799
Feb 200219942718.222.38$4,640
Jan 20021648917.172.38$1,436
Dec 20011352016.932.36$1,450
Nov 200118351018.072.41$4,534
Oct 20011855419.782.53$1,757
Sep 200146463124.262.25$12,677
Aug 20014611,04824.873.05$14,665
Jul 20016361,05123.933.20$18,580
Jun 200166890824.563.82$19,878
May 200145491225.524.31$15,514
Apr 200155784424.685.34$18,250
Mar 20016681,16824.545.38$22,672
Feb 200154897327.755.77$20,818
Jan 20016661,09727.478.40$27,508
Dec 20009141,03026.889.12$33,965
Nov 20005831,29632.215.66$26,111
Oct 200071792431.235.15$27,146
Sep 20006931,50131.875.19$29,871
Aug 20001,0291,80529.644.54$38,696
Jul 20001,1071,92028.534.09$39,435
Jun 20007551,10429.304.40$26,976
May 20001,0991,28127.263.68$34,673
Apr 20001,20486424.513.12$32,202
Mar 20001,2111,09628.422.86$37,551
Feb 20001,23677627.622.73$36,254
Jan 20001,02450325.272.48$27,124
Dec 199978765424.282.42$20,693
Nov 19991,8491,94823.192.43$47,620
Oct 19991,7842,38120.982.80$44,104
Sep 19992,1902,36321.752.62$53,821
Aug 199994035119.262.88$19,114
Jul 19993525417.892.37$6,425
Jun 19994047615.942.36$6,619
May 19993876215.792.32$6,255
Apr 19996289615.102.21$9,695
Mar 199936110012.471.84$4,686
Feb 1999410629.981.82$4,205
Jan 199952814110.381.90$5,749
Dec 199852509.201.77$4,830
Nov 1998354010.892.19$3,855
Oct 1998527012.421.97$6,545
Sep 1998683012.592.08$8,599
Aug 1998508011.301.91$5,740
Jul 1998514011.742.24$6,034
Jun 1998518011.242.24$5,822
May 1998510012.622.21$6,436
Apr 1998509013.042.51$6,637
Mar 1998518012.802.31$6,630
Feb 1998515013.952.30$7,184
Jan 1998869014.702.15$12,774
Dec 1997499016.322.41$8,144
Nov 1997356018.193.09$6,476
Oct 1997521019.253.15$10,029
Sep 1997697017.742.95$12,365
Aug 1997697017.862.55$12,448
Jul 1997518017.582.25$9,106
Jun 1997708017.242.26$12,206
May 1997713018.972.31$13,526
Apr 1997697017.882.08$12,462
Mar 1997704018.951.94$13,341
Feb 1997705020.492.21$14,445
Jan 1997696023.483.54$16,342
Dec 1996850023.32$19,822
Nov 1996521021.97$11,446
Oct 1996866023.31$20,186
Sep 1996701022.22$15,576
Aug 1996893020.26$18,092
Jul 1996892019.55$17,439
Jun 1996699018.73$13,092
May 1996879019.43$17,079
Apr 19961,035021.51$22,263
Mar 1996895019.38$17,345
Feb 1996887016.98$15,061
Jan 1996884017.07$15,090
Dec 1995873017.19$15,007
Nov 19951,047016.00$16,752
Oct 19951,221015.43$18,840
Sep 1995862016.18$13,947
Aug 19951,246015.92$19,836
Jul 1995351015.24$5,349
Jun 1995689016.41$11,306
May 1995353017.56$6,199
Apr 1995509017.73$9,025
Mar 1995349016.44$5,738
Feb 1995511016.58$8,472
Jan 1995523115.92$8,326
Dec 1994347115.03$5,215
Nov 1994506115.90$8,045
Oct 1994513115.58$7,993
Sep 1994675115.29$10,321
Aug 1994506116.13$8,162
Jul 1994676117.56$11,871
Jun 1994512117.09$8,750
May 1994854115.88$13,562
Apr 1994513114.14$7,254
Mar 1994513112.46$6,392
Feb 1994681112.50$8,513
Jan 19940112.66$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 2023 — as filed, then multipliedworked
Oil                   39 bbl  × $ 71.26 =     $2,779
Casinghead gas         0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                   $2,779

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/34070 is the state's own key, not one this site invented.