UNIVERSITY 18-6

Operated by OASIS PETROLEUM PERMIAN LLC (P-5 617484) in the WAR-WINK, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34394District 08Field 95129600Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.5 M
Jan 1995 – Jul 2020
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
307
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 63 leases and 103 wells, and the rule below applies to all of them.

Discovered
1974-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-08-11.

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: FOR GAS WELLS IS 10%.

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
OilDisposition120,527 bbl$6,973,250
Casinghead gasProduction101,856 Mcf$495,818
Total$7,469,069

11,367 Mcf of this lease's gas, across 23 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 (2)

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 31.6133, -103.2454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.61334, -103.24540 · 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%
2 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
16,085 ft
2 wells filed one
Completion to plug
20.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 11,500 and 20,670 ft, median 16,085 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1995 – Nov 2005
2 of 2 wells
Plug dates filed
Feb 2026
1 of 2 wells; 1 filed none

Last completion to plug: a median of 20.3 years across the 1 well that filed both dates, with the middle half between 20.3 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-47530593220,670 ftNov 2005Feb 2026Yes
42-47534200311,500 ftJan 1995Yes

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 (307)

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

307 months

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 201929864159.012.30$19,062
Nov 201918632455.302.75$11,177
Oct 201919079753.472.42$12,087
Sep 201920281555.052.66$13,286
Aug 201919283953.112.30$12,130
Jul 201934585456.272.46$21,514
Jun 2019454952.782.49$1,579
May 201919071458.482.74$13,068
Apr 20196091,02562.632.75$40,961
Mar 201920153556.803.06$13,055
Feb 20190050.852.79$0
Jan 201907046.033.23$226
Dec 201862590746.594.19$32,915
Nov 201820179252.934.24$13,995
Oct 201841625961.443.40$26,439
Sep 201817464259.543.11$12,355
Aug 201819851759.403.07$13,347
Jul 201856124765.142.93$37,268
Jun 201807260.183.08$222
May 20183729565.382.90$24,597
Apr 201848917563.842.90$31,725
Mar 201875523761.222.79$46,882
Feb 20180061.782.77$0
Jan 201818732762.874.01$13,068
Dec 201717933857.272.92$11,239
Nov 201757435455.423.12$32,915
Oct 2017177049.292.98$8,724
Sep 201738219647.523.09$18,758
Aug 201738234645.373.00$18,371
Jul 201719315143.873.09$8,933
Jun 201737413242.493.09$16,299
May 201737416845.373.26$17,517
Apr 201754425347.933.21$26,886
Mar 2017015246.772.98$454
Feb 201736918550.452.95$19,162
Jan 201733416349.413.42$17,060
Dec 201635415748.763.72$17,846
Nov 201634511042.492.64$14,950
Oct 201634019146.193.09$16,295
Sep 201650926941.553.10$21,983
Aug 201634119541.442.92$14,701
Jul 201650818341.622.92$21,678
Jun 20161,35610845.352.69$61,785
May 2016010842.521.99$215
Apr 2016020236.561.99$402
Mar 2016027733.011.79$497
Feb 2016027026.472.06$557
Jan 201655227027.352.36$15,736
Dec 201536315132.362.00$12,049
Nov 201518515738.792.17$7,516
Oct 20155447543.552.43$23,873
Sep 20151823542.992.76$7,921
Aug 20153706240.162.87$15,037
Jul 20155514648.152.95$26,666
Jun 201554311156.152.88$30,809
May 201572214855.212.96$40,299
Apr 201536818149.822.71$18,824
Mar 2015016042.892.93$470
Feb 201535917144.662.98$16,542
Jan 201536814143.433.10$16,419
Dec 201437324854.693.59$21,290
Nov 201437126670.464.25$27,272
Oct 201436918478.303.90$29,610
Sep 201436627686.164.05$32,651
Aug 201454319289.394.04$49,314
Jul 201418014596.564.18$17,987
Jun 201436016898.164.74$36,133
May 201452824194.734.73$51,157
Apr 201435830595.944.81$35,813
Mar 201454119995.895.06$52,883
Feb 201436518497.406.19$36,690
Jan 201436428190.404.86$34,271
Dec 2013363091.824.35$33,331
Nov 201354526388.853.74$49,406
Oct 201354227897.423.78$53,852
Sep 2013179380104.113.72$20,048
Aug 2013539276104.253.52$57,163
Jul 2013361372102.523.72$38,393
Jun 201353738794.403.93$52,215
May 201335832794.834.15$35,306
Apr 201336423093.964.28$35,186
Mar 201353423593.623.91$50,913
Feb 201336918391.233.42$34,290
Jan 201357018091.603.42$52,828
Dec 201239423086.773.42$34,974
Nov 201238829986.953.62$34,820
Oct 201237933489.383.40$35,011
Sep 201257029294.672.92$54,814
Aug 201257228192.662.91$53,819
Jul 201238137485.133.02$33,564
Jun 201238421979.822.52$31,203
May 201258633891.612.49$54,525
Apr 2012385367101.652.00$39,868
Mar 2012384391105.052.22$41,208
Feb 2012570320101.102.57$58,449
Jan 201237837098.092.73$38,090
Dec 201156535796.873.24$55,888
Nov 201157730095.723.31$56,224
Oct 201157230084.983.65$49,703
Sep 201118839683.623.99$17,299
Aug 201192438483.404.15$78,655
Jul 201137436494.144.52$36,853
Jun 201136846892.904.64$36,359
May 201137638498.134.40$38,588
Apr 2011363320105.964.33$39,850
Mar 201157436096.364.06$56,771
Feb 201153927385.644.18$47,301
Jan 201139344386.504.59$36,027
Dec 201056843085.734.35$50,564
Nov 201037148780.843.80$31,840
Oct 201056058178.103.51$45,775
Sep 201056451972.633.98$43,029
Aug 201036939473.684.42$28,929
Jul 201054846272.554.74$41,946
Jun 201054649070.364.91$40,823
May 201054357071.124.24$41,032
Apr 201037255581.694.12$32,677
Mar 201053355078.394.39$44,196
Feb 201056757773.585.44$44,860
Jan 201056061074.365.96$45,280
Dec 200955755771.445.48$42,847
Nov 200955161374.593.75$43,399
Oct 200954578672.544.11$42,765
Sep 20095451,01565.543.06$38,830
Aug 200953364867.423.22$38,020
Jul 200989764461.133.46$57,065
Jun 200954171066.163.90$38,558
May 200955873254.743.93$33,419
Apr 200973665346.773.59$36,765
Mar 200957765142.144.06$26,957
Feb 200978654932.814.63$28,332
Jan 200934360535.865.37$15,549
Dec 2008751037.105.98$27,862
Nov 200878661155.496.86$47,807
Oct 200838961375.246.92$33,512
Sep 20089350101.767.88$95,146
Aug 2008564674114.228.48$70,138
Jul 2008777682131.0811.39$109,617
Jun 20085900131.3313.03$77,485
May 2008560697123.1711.57$77,042
Apr 2008781562110.3110.45$92,028
Mar 2008584711101.909.66$66,381
Feb 200857666692.538.77$59,138
Jan 200899075090.388.21$95,631
Dec 200758859188.337.30$56,254
Nov 20071,17375791.677.29$113,049
Oct 200719178582.856.92$21,258
Sep 200794280575.846.24$76,468
Aug 200778284169.066.39$59,377
Jul 200758187170.906.39$46,757
Jun 200778170862.007.55$53,766
May 200757973158.747.85$39,746
Apr 200795370759.617.81$62,327
Mar 200776082156.927.30$49,254
Feb 200738180355.108.22$27,591
Jan 20071,16087850.306.73$64,254
Dec 200657585256.656.92$38,468
Nov 2006772054.207.62$41,842
Oct 200675596854.906.01$47,271
Sep 20061,3151,03160.085.04$84,199
Aug 200637063768.717.34$30,098
Jul 20069301,14169.376.34$71,751
Jun 20069311,16066.286.38$69,112
May 20067371,26366.016.42$56,764
Apr 20069121,29864.397.36$68,278
Mar 20067481,34656.707.08$51,945
Feb 20069511,26857.597.75$64,597
Jan 20061,1211,50660.598.93$81,375
Dec 20059421,57654.9413.42$72,896
Nov 20057441,33854.6910.59$54,857
Oct 20051541058.3413.80$9,122
Sep 200593665961.4512.08$65,477
Aug 200592268161.519.80$63,384
Jul 200518135655.697.84$12,872
Jun 20051,07982852.337.38$62,576
May 200592288345.226.65$47,566
Apr 20051,12699649.207.36$62,730
Mar 200530045950.377.15$18,395
Feb 20051,02579945.226.31$51,394
Jan 20051,5061,16143.166.32$72,339
Dec 20041,7111,26639.866.75$76,747
Nov 20045621,22745.286.33$33,215
Oct 200435928949.706.52$19,725
Sep 20047221,14643.245.28$37,275
Aug 20041882442.375.55$8,099
Jul 20040638.286.08$37
Jun 200402736.106.43$174
May 20041856237.486.49$7,336
Apr 20041855234.475.86$6,682
Mar 200406134.365.53$337
Feb 20041934732.455.51$6,522
Jan 200406332.036.30$397
Dec 200319333530.266.30$7,951
Nov 200301128.804.60$51
Oct 2003197728.174.76$5,583
Sep 20030726.314.75$33
Aug 20031851329.765.13$5,572
Jul 2003192629.415.17$5,678
Jun 200301428.565.98$84
May 20031912826.595.97$5,246
Apr 20031953326.675.41$5,379
Mar 200303431.146.10$207
Feb 20031692933.487.93$5,888
Jan 20032032930.315.58$6,315
Dec 20021963126.914.85$5,425
Nov 200203124.664.14$128
Oct 20021923726.464.23$5,237
Sep 20021964527.443.64$5,542
Aug 20021884425.963.16$5,020
Jul 200203324.583.06$101
Jun 20021861923.733.34$4,477
May 20021963424.663.58$4,955
Apr 200207723.653.51$270
Mar 20021971222.003.10$4,371
Feb 20020818.222.38$19
Jan 20021895417.172.38$3,373
Dec 200111716.932.36$57
Nov 20011961918.072.41$3,587
Oct 20011894119.782.53$3,842
Sep 200102224.262.25$50
Aug 2001195024.873.05$4,850
Jul 20011901823.933.20$4,604
Jun 200102424.563.82$92
May 20011914525.524.31$5,068
Apr 20011885524.685.34$4,933
Mar 200104024.545.38$215
Feb 20011432127.755.77$4,089
Jan 2001162427.478.40$4,484
Dec 2000201326.889.12$5,430
Nov 2000191532.215.66$6,180
Oct 200001631.235.15$82
Sep 2000118331.875.19$3,776
Aug 2000190029.644.54$5,632
Jul 2000189528.534.09$5,413
Jun 200003829.304.40$167
May 2000193227.263.68$5,269
Apr 20000024.513.12$0
Mar 20001926228.422.86$5,634
Feb 20001952327.622.73$5,449
Jan 20001933725.272.48$4,969
Dec 19991925524.282.42$4,795
Nov 1999192023.192.43$4,452
Oct 1999176020.982.80$3,692
Sep 1999183021.752.62$3,980
Aug 1999178019.262.88$3,428
Jul 1999179017.892.37$3,202
Jun 1999177015.942.36$2,821
May 1999186015.792.32$2,937
Apr 1999190815.102.21$2,887
Mar 1999182012.471.84$2,270
Feb 1999180299.981.82$1,849
Jan 19993481210.381.90$3,635
Dec 19980559.201.77$98
Nov 19981852910.892.19$2,078
Oct 19983375512.421.97$4,294
Sep 19981813612.592.08$2,354
Aug 19981799611.301.91$2,206
Jul 19981805511.742.24$2,236
Jun 199817417711.242.24$2,352
May 19981734212.622.21$2,276
Apr 1998180013.042.51$2,347
Mar 1998362012.802.31$4,634
Feb 19981821013.952.30$2,562
Jan 1998181714.702.15$2,676
Dec 1997181016.322.41$2,954
Nov 1997353518.193.09$6,437
Oct 19971811819.253.15$3,541
Sep 1997193417.742.95$3,436
Aug 19973553717.862.55$6,435
Jul 19971672317.582.25$2,988
Jun 19975327117.242.26$9,332
May 199705218.972.31$120
Apr 19973517317.882.08$6,428
Mar 199735312718.951.94$6,936
Feb 199717910020.492.21$3,888
Jan 19973399123.483.54$8,282
Dec 19961765223.32$4,104
Nov 19963595921.97$7,887
Oct 19963543823.31$8,252
Sep 19961764522.22$3,911
Aug 199635213620.26$7,132
Jul 199635736319.55$6,979
Jun 199652739018.73$9,871
May 199635241219.43$6,839
Apr 199635022621.51$7,529
Mar 199654034519.38$10,465
Feb 199635534516.98$6,028
Jan 199652040117.07$8,876
Dec 199552355217.19$8,990
Nov 199552561516.00$8,400
Oct 199553762115.43$8,286
Sep 199544298916.18$7,152
Aug 199553479015.92$8,501
Jul 199552780915.24$8,031
Jun 199569595116.41$11,405
May 199570793217.56$12,415
Apr 19957081,06317.73$12,553
Mar 199588197816.44$14,484
Feb 19951,20425516.58$19,962
Jan 19950015.92$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 2019 — as filed, then multipliedworked
Oil                  298 bbl  × $ 59.01 =    $17,585
Casinghead gas       641 Mcf  × $  2.30 =     $1,477

────────────────────────────────────────────────────
Month total                                  $19,062

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/34394 is the state's own key, not one this site invented.