UNIV.-11-SEC.-1-

Name: UNIV.-11-SEC.-1- lease production and value, Jan 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OXY USA INC. (P-5 630591) in the MARTIN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34382District 08Field 57774830Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$7.1 M

Jan 1995 – Sep 2010

Value, last 12 filed months

$297 k

at the published price for each month

Months reported

189

no gaps in the span

Streams

oil, casinghead gas

The MARTIN (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 2 leases and 7 wells, and the rule below applies to all of them.

Discovered

1951-07-29

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 (CONS)”

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	145,735 bbl	$3,964,387
Casinghead gas	Production	808,235 Mcf	$3,095,137
Total			$7,059,524

215,161 Mcf of this lease's gas, across 24 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 (4)

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 32.1839, -102.7605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.18286, -102.76152 · 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%

4 of 4 wells

With a plug date

50.0%

2 of 4 wells

Median depth

8,941 ft

4 wells filed one

Completion to plug

21.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

250.0%

BothOn the schedule and plugged. Neither fact cancels the other.

250.0%

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 8,185 and 8,950 ft, median 8,941 ft, over the 4 wells that filed a depth.

Completions filed

Feb 1996 – Jul 2018

4 of 4 wells

Plug dates filed

May 1979 – May 2025

2 of 4 wells; 2 filed none

Last completion to plug: a median of 21.8 years across the 1 well that filed both dates, with the middle half between 21.8 years and 21.8 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.

4 wells


42-00338585	9C	8,185 ft	Jul 2018	—	Yes
42-00300451	1D	8,950 ft	Aug 2003	May 2025	Yes
42-00300333	2DL	8,942 ft	Jun 2000	—	Yes
42-00300305	3D	8,940 ft	Feb 1996	May 1979	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 (189)

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

189 months


Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	637	2,366	78.39	4.39	$60,318
Feb 2010	462	1,819	73.58	5.44	$43,894
Jan 2010	604	1,683	74.36	5.96	$54,951
Dec 2009	587	1,440	71.44	5.48	$49,832
Nov 2009	545	1,305	74.59	3.75	$45,547
Oct 2009	476	1,859	72.54	4.11	$42,170
Sep 2009	729	3,280	65.54	3.06	$57,831
Aug 2009	818	3,591	67.42	3.22	$66,707
Jul 2009	500	4,306	61.13	3.46	$45,483
Jun 2009	281	3,804	66.16	3.90	$33,408
May 2009	238	3,620	54.74	3.93	$27,239
Apr 2009	158	3,328	46.77	3.59	$19,329
Mar 2009	198	2,734	42.14	4.06	$19,441
Feb 2009	254	2,549	32.81	4.63	$20,143
Jan 2009	235	1,873	35.86	5.37	$18,487
Dec 2008	197	3,119	37.10	5.98	$25,951
Nov 2008	177	3,575	55.49	6.86	$34,348
Oct 2008	144	4,616	75.24	6.92	$42,786
Sep 2008	173	3,032	101.76	7.88	$41,488
Aug 2008	196	4,177	114.22	8.48	$57,821
Jul 2008	270	4,438	131.08	11.39	$85,938
Jun 2008	287	3,647	131.33	13.03	$85,222
May 2008	348	3,375	123.17	11.57	$81,926
Apr 2008	345	3,285	110.31	10.45	$72,401
Mar 2008	367	3,575	101.90	9.66	$71,946
Feb 2008	294	3,731	92.53	8.77	$59,927
Jan 2008	410	4,257	90.38	8.21	$71,988
Dec 2007	446	4,139	88.33	7.30	$69,618
Nov 2007	391	4,101	91.67	7.29	$65,746
Oct 2007	305	4,175	82.85	6.92	$54,169
Sep 2007	265	1,545	75.84	6.24	$29,745
Aug 2007	225	2,960	69.06	6.39	$34,447
Jul 2007	242	3,098	70.90	6.39	$36,948
Jun 2007	324	2,753	62.00	7.55	$40,869
May 2007	352	3,626	58.74	7.85	$49,127
Apr 2007	353	3,901	59.61	7.81	$51,490
Mar 2007	497	2,243	56.92	7.30	$44,668
Feb 2007	477	1,860	55.10	8.22	$41,564
Jan 2007	420	1,910	50.30	6.73	$33,974
Dec 2006	336	1,806	56.65	6.92	$31,529
Nov 2006	286	1,900	54.20	7.62	$29,974
Oct 2006	308	2,017	54.90	6.01	$29,039
Sep 2006	289	4,025	60.08	5.04	$37,638
Aug 2006	280	7,460	68.71	7.34	$73,995
Jul 2006	318	1,644	69.37	6.34	$32,487
Jun 2006	243	779	66.28	6.38	$21,079
May 2006	145	504	66.01	6.42	$12,810
Apr 2006	293	1,105	64.39	7.36	$27,000
Mar 2006	447	767	56.70	7.08	$30,778
Feb 2006	217	1,142	57.59	7.75	$21,349
Jan 2006	204	3,684	60.59	8.93	$45,271
Dec 2005	292	5,331	54.94	13.42	$87,560
Nov 2005	234	4,647	54.69	10.59	$62,002
Oct 2005	205	3,093	58.34	13.80	$54,630
Sep 2005	186	4,927	61.45	12.08	$70,943
Aug 2005	218	3,073	61.51	9.80	$43,515
Jul 2005	236	4,324	55.69	7.84	$47,059
Jun 2005	279	3,147	52.33	7.38	$37,828
May 2005	249	4,919	45.22	6.65	$43,977
Apr 2005	263	4,747	49.20	7.36	$47,880
Mar 2005	282	4,734	50.37	7.15	$48,076
Feb 2005	290	4,527	45.22	6.31	$41,688
Jan 2005	307	5,007	43.16	6.32	$44,905
Dec 2004	313	4,773	39.86	6.75	$44,699
Nov 2004	307	4,748	45.28	6.33	$43,958
Oct 2004	275	5,171	49.70	6.52	$47,357
Sep 2004	258	4,881	43.24	5.28	$36,947
Aug 2004	258	5,143	42.37	5.55	$39,479
Jul 2004	265	5,347	38.28	6.08	$42,676
Jun 2004	276	4,041	36.10	6.43	$35,959
May 2004	232	3,330	37.48	6.49	$30,322
Apr 2004	200	3,335	34.47	5.86	$26,432
Mar 2004	251	3,541	34.36	5.53	$28,207
Feb 2004	248	3,783	32.45	5.51	$28,890
Jan 2004	228	3,979	32.03	6.30	$32,369
Dec 2003	405	5,732	30.26	6.30	$48,376
Nov 2003	390	5,399	28.80	4.60	$36,041
Oct 2003	375	7,136	28.17	4.76	$44,529
Sep 2003	360	6,470	26.31	4.75	$40,200
Aug 2003	368	7,339	29.76	5.13	$48,599
Jul 2003	488	7,028	29.41	5.17	$50,693
Jun 2003	422	5,509	28.56	5.98	$45,012
May 2003	509	6,556	26.59	5.97	$52,691
Apr 2003	576	4,370	26.67	5.41	$38,992
Mar 2003	573	4,083	31.14	6.10	$42,733
Feb 2003	637	3,515	33.48	7.93	$49,186
Jan 2003	911	2,904	30.31	5.58	$43,823
Dec 2002	635	2,791	26.91	4.85	$30,635
Nov 2002	766	5,246	24.66	4.14	$40,592
Oct 2002	1,186	7,331	26.46	4.23	$62,385
Sep 2002	903	3,112	27.44	3.64	$36,091
Aug 2002	119	1,502	25.96	3.16	$7,842
Jul 2002	117	1,519	24.58	3.06	$7,527
Jun 2002	397	1,850	23.73	3.34	$15,597
May 2002	414	2,310	24.66	3.58	$18,488
Apr 2002	406	2,486	23.65	3.51	$18,334
Mar 2002	432	2,246	22.00	3.10	$16,473
Feb 2002	442	2,151	18.22	2.38	$13,163
Jan 2002	728	3,277	17.17	2.38	$20,285
Dec 2001	637	2,825	16.93	2.36	$17,464
Nov 2001	656	3,279	18.07	2.41	$19,742
Oct 2001	717	3,461	19.78	2.53	$22,935
Sep 2001	842	6,237	24.26	2.25	$34,468
Aug 2001	955	6,311	24.87	3.05	$43,019
Jul 2001	1,384	7,896	23.93	3.20	$58,363
Jun 2001	1,263	7,023	24.56	3.82	$57,876
May 2001	2,365	8,537	25.52	4.31	$97,126
Apr 2001	1,738	5,944	24.68	5.34	$74,607
Mar 2001	2,027	5,437	24.54	5.38	$78,974
Feb 2001	1,820	4,826	27.75	5.77	$78,337
Jan 2001	2,768	7,962	27.47	8.40	$142,908
Dec 2000	883	5,089	26.88	9.12	$70,159
Nov 2000	1,147	3,671	32.21	5.66	$57,715
Oct 2000	631	3,396	31.23	5.15	$37,180
Sep 2000	227	2,735	31.87	5.19	$21,420
Aug 2000	381	3,643	29.64	4.54	$27,835
Jul 2000	481	4,157	28.53	4.09	$30,724
Jun 2000	295	3,628	29.30	4.40	$24,597
May 2000	165	2,153	27.26	3.68	$12,420
Apr 2000	228	2,947	24.51	3.12	$14,771
Mar 2000	399	3,791	28.42	2.86	$22,181
Feb 2000	411	3,552	27.62	2.73	$21,036
Jan 2000	445	3,479	25.27	2.48	$19,875
Dec 1999	425	3,767	24.28	2.42	$19,449
Nov 1999	500	4,239	23.19	2.43	$21,913
Oct 1999	533	4,647	20.98	2.80	$24,211
Sep 1999	372	3,837	21.75	2.62	$18,140
Aug 1999	593	3,689	19.26	2.88	$22,029
Jul 1999	662	3,401	17.89	2.37	$19,912
Jun 1999	602	3,070	15.94	2.36	$16,848
May 1999	757	3,031	15.79	2.32	$18,988
Apr 1999	662	2,903	15.10	2.21	$16,406
Mar 1999	913	3,365	12.47	1.84	$17,571
Feb 1999	716	3,063	9.98	1.82	$12,714
Jan 1999	623	3,279	10.38	1.90	$12,697
Dec 1998	668	3,179	9.20	1.77	$11,783
Nov 1998	701	3,060	10.89	2.19	$14,322
Oct 1998	606	2,576	12.42	1.97	$12,599
Sep 1998	538	2,863	12.59	2.08	$12,736
Aug 1998	652	3,319	11.30	1.91	$13,698
Jul 1998	708	3,102	11.74	2.24	$15,252
Jun 1998	732	3,489	11.24	2.24	$16,034
May 1998	650	3,994	12.62	2.21	$17,015
Apr 1998	648	3,068	13.04	2.51	$16,136
Mar 1998	774	3,273	12.80	2.31	$17,466
Feb 1998	852	3,217	13.95	2.30	$19,282
Jan 1998	984	3,742	14.70	2.15	$22,528
Dec 1997	808	4,160	16.32	2.41	$23,217
Nov 1997	696	3,893	18.19	3.09	$24,683
Oct 1997	861	2,357	19.25	3.15	$23,998
Sep 1997	497	1,812	17.74	2.95	$14,171
Aug 1997	444	2,735	17.86	2.55	$14,917
Jul 1997	698	4,106	17.58	2.25	$21,497
Jun 1997	674	3,362	17.24	2.26	$19,208
May 1997	780	4,224	18.97	2.31	$24,548
Apr 1997	900	4,919	17.88	2.08	$26,337
Mar 1997	1,012	5,673	18.95	1.94	$30,178
Feb 1997	943	4,329	20.49	2.21	$28,871
Jan 1997	1,007	4,414	23.48	3.54	$39,269
Dec 1996	1,041	4,524	23.32	—	$24,276
Nov 1996	1,226	5,839	21.97	—	$26,935
Oct 1996	1,244	6,713	23.31	—	$28,998
Sep 1996	1,175	6,552	22.22	—	$26,109
Aug 1996	1,530	8,481	20.26	—	$30,998
Jul 1996	1,882	11,834	19.55	—	$36,793
Jun 1996	2,164	14,176	18.73	—	$40,532
May 1996	2,555	13,211	19.43	—	$49,644
Apr 1996	3,357	17,455	21.51	—	$72,209
Mar 1996	4,314	23,150	19.38	—	$83,605
Feb 1996	4,272	17,037	16.98	—	$72,539
Jan 1996	4,482	11,842	17.07	—	$76,508
Dec 1995	4,525	11,197	17.19	—	$77,785
Nov 1995	4,767	9,694	16.00	—	$76,272
Oct 1995	3,772	8,928	15.43	—	$58,202
Sep 1995	1,846	5,714	16.18	—	$29,868
Aug 1995	1,971	6,711	15.92	—	$31,378
Jul 1995	1,974	6,616	15.24	—	$30,084
Jun 1995	2,746	5,418	16.41	—	$45,062
May 1995	1,446	2,138	17.56	—	$25,392
Apr 1995	2,563	4,466	17.73	—	$45,442
Mar 1995	3,012	5,478	16.44	—	$49,517
Feb 1995	2,500	5,422	16.58	—	$41,450
Jan 1995	1,011	2,565	15.92	—	$16,095

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.

Mar 2010 — as filed, then multipliedworked

Oil                  637 bbl  × $ 78.39 =    $49,934
Casinghead gas     2,366 Mcf  × $  4.39 =    $10,384

────────────────────────────────────────────────────
Month total                                  $60,318

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/34382 is the state's own key, not one this site invented.