UNIVERSITY 11 B

Operated by DISCOVERY OPERATING, INC. (P-5 220865) in the MARTIN (WICHITA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34289District 08Field 57774747Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$423 k
Sep 1994 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
163
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 26 leases and 69 wells, and the rule below applies to all of them.

Discovered
1945-12-31
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.

The Commission's schedule remark for this field reads: CONSOLIDATED TO MARTIN (CONSOLIDATED)

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
OilDisposition20,633 bbl$366,482
Casinghead gasProduction58,514 Mcf$56,584
Total$423,066

35,306 Mcf of this lease's gas, across 28 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 32.1697, -102.7903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16969, -102.79025 · 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
8,073 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 8,073 ft.

Completions filed
Sep 1994
1 of 1 wells

1 well

42-0033237828,073 ftSep 1994Yes

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 (163)

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

163 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200032812432.215.66$11,266
Oct 2000011531.235.15$592
Sep 200016714131.875.19$6,054
Aug 200017414829.644.54$5,829
Jul 200017118828.534.09$5,648
Jun 2000020029.304.40$879
May 200017313427.263.68$5,209
Apr 200017120724.513.12$4,836
Mar 200016820628.422.86$5,364
Feb 200017937427.622.73$5,964
Jan 200018137625.272.48$5,507
Dec 199917938024.282.42$5,267
Nov 199917623023.192.43$4,641
Oct 199917618220.982.80$4,203
Sep 199934615421.752.62$7,929
Aug 199916617819.262.88$3,709
Jul 199917118017.892.37$3,486
Jun 199935719915.942.36$6,161
May 1999015915.792.32$369
Apr 199933629215.102.21$5,718
Mar 199918346112.471.84$3,129
Feb 19993565769.981.82$4,600
Jan 199936065010.381.90$4,972
Dec 19983566329.201.77$4,396
Nov 199817750410.892.19$3,029
Oct 199836066012.421.97$5,771
Sep 199818061812.592.08$3,553
Aug 199835574211.301.91$5,427
Jul 199834766711.742.24$5,566
Jun 199835062611.242.24$5,335
May 199817747012.622.21$3,271
Apr 199835867113.042.51$6,349
Mar 199835979912.802.31$6,440
Feb 199835680513.952.30$6,817
Jan 199835871014.702.15$6,793
Dec 199717335316.322.41$3,674
Nov 199734444118.193.09$7,619
Oct 199717633319.253.15$4,437
Sep 199734881717.742.95$8,588
Aug 199734893117.862.55$8,594
Jul 199734893817.582.25$8,225
Jun 199717785817.242.26$4,988
May 199734390418.972.31$8,594
Apr 19971581,09017.882.08$5,095
Mar 1997094118.951.94$1,825
Feb 199736294220.492.21$9,495
Jan 199736690223.483.54$11,786
Dec 199618061123.32$4,198
Nov 19963541,14521.97$7,777
Oct 19965371,41923.31$12,517
Sep 19963301,11922.22$7,333
Aug 19961661,11620.26$3,363
Jul 19963391,26019.55$6,627
Jun 19965371,16318.73$10,058
May 19961751,09819.43$3,400
Apr 19963601,03821.51$7,744
Mar 19963621,11719.38$7,016
Feb 19963621,06216.98$6,147
Jan 19961761,39317.07$3,004
Dec 19955391,90417.19$9,265
Nov 19955141,73916.00$8,224
Oct 19953261,48315.43$5,030
Sep 19954981,69016.18$8,058
Aug 19953491,59515.92$5,556
Jul 199517991015.24$2,728
Jun 19953591,27816.41$5,891
May 19953541,16217.56$6,216
Apr 19951811,10517.73$3,209
Mar 19953571,36516.44$5,869
Feb 19951821,26516.58$3,018
Jan 19953591,33115.92$5,715
Dec 19941751,26615.03$2,630
Nov 19943441,19515.90$5,470
Oct 19944861,41515.58$7,572
Sep 19941591,06215.29$2,431

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.

Nov 2000 — as filed, then multipliedworked
Oil                  328 bbl  × $ 32.21 =    $10,565
Casinghead gas       124 Mcf  × $  5.66 =       $702

────────────────────────────────────────────────────
Month total                                  $11,266

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/34289 is the state's own key, not one this site invented.