UNIVERSITY 46

Operated by BASIN OIL & GAS OPERATING, LLC (P-5 54430) in the WAR-WINK (CHERRY CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34493District 08Field 95122200OilCasinghead gasSaveExport
Value, all time
$4.6 M
May 1995 – May 2026
Value, last 12 filed months
$280 k
at the published price for each month
Months reported
373
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 67 leases and 164 wells, and the rule below applies to all of them.

Discovered
1964-09-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-02-21.

The Commission's schedule remark for this field reads: RULES MADE PERMANENT EFFEC. 01-31-97

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
OilDisposition69,730 bbl$3,851,172
Casinghead gasProduction404,226 Mcf$747,843
Total$4,599,014

239,825 Mcf of this lease's gas, across 19 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 31.6742, -103.1981. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.67411, -103.19816 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
7,200 ft
3 wells filed one
Completion to plug
9.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 7,200 and 7,200 ft, median 7,200 ft, over the 3 wells that filed a depth.

Completions filed
May 1995 – Oct 2016
2 of 3 wells; 1 filed none
Plug dates filed
May 2004 – May 2024
2 of 3 wells; 1 filed none

Last completion to plug: a median of 9.0 years across the 1 well that filed both dates, with the middle half between 9.0 years and 9.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4953254737,200 ftMay 2024Yes
42-4953251327,200 ftOct 2016
42-4953247417,200 ftMay 1995May 2004Yes

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 (373)

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

373 months

May 2026335333106.413.05$36,662
Apr 202616827398.932.87$17,404
Mar 202635719689.753.15$32,658
Feb 20263354963.503.75$21,456
Jan 202633821059.138.00$21,666
Dec 202550617856.664.41$29,456
Nov 202533918058.593.93$20,569
Oct 20251687459.383.30$10,220
Sep 20253365662.743.08$21,253
Aug 202533317463.933.01$21,813
Jul 202533419766.743.32$22,944
Jun 202534129466.483.13$23,590
May 202533431560.553.23$21,242
Apr 202533833062.363.54$22,247
Mar 202533823567.704.27$23,886
Feb 2025337070.884.34$23,887
Jan 20253397674.324.28$25,520
Dec 202416618768.993.12$12,036
Nov 202433813969.052.20$23,644
Oct 202416711171.372.28$12,172
Sep 202433422769.612.36$23,786
Aug 20240075.632.06$0
Jul 20241656779.932.15$13,332
Jun 202417026678.082.63$13,974
May 202433323178.812.20$26,752
Apr 202416619684.451.66$14,344
Mar 202433726180.301.55$27,464
Feb 202416920776.091.78$13,228
Jan 202416820173.023.30$12,930
Dec 202334523971.262.61$25,209
Nov 202316814377.892.81$13,487
Oct 20231759085.443.09$15,230
Sep 2023168989.042.74$14,983
Aug 20233338680.522.67$27,043
Jul 20231674374.852.64$12,614
Jun 202333330468.962.26$23,650
May 202316526070.622.23$12,231
Apr 202316725978.122.24$13,626
Mar 202333932972.852.39$25,484
Feb 2023022875.112.47$562
Jan 202332821476.533.39$25,827
Dec 202216032476.415.73$14,082
Nov 202216233185.005.65$15,639
Oct 202217528087.185.86$16,898
Sep 202233018184.888.16$29,488
Aug 2022034294.529.13$3,121
Jul 2022340413101.587.54$37,652
Jun 2022162308115.097.98$21,102
May 202216685109.378.43$18,872
Apr 2022165380104.226.84$19,795
Mar 2022331365108.885.08$37,892
Feb 2022025691.054.86$1,244
Jan 202216329881.844.54$14,692
Dec 202116133371.323.90$12,781
Nov 202116733277.435.24$14,669
Oct 202115933479.795.71$14,595
Sep 202132136969.865.35$24,400
Aug 202116130966.024.22$11,933
Jul 202116134270.783.98$12,757
Jun 202133040169.493.38$24,287
May 2021025363.483.02$763
Apr 202116535560.362.76$10,939
Mar 202133437461.302.72$21,490
Feb 202116121557.805.55$10,499
Jan 202116526150.412.81$9,051
Dec 202016618344.642.68$7,900
Nov 202017442238.772.71$7,888
Oct 202016844136.972.48$7,304
Sep 202033046237.091.99$13,160
Aug 202033235439.982.39$14,118
Jul 202017232238.371.83$7,187
Jun 20203271,24734.901.69$13,520
May 2020037716.921.81$684
Apr 20203321,28914.751.80$7,223
Mar 2020080130.341.86$1,487
Feb 20205001,33549.881.98$27,584
Jan 20203341,05057.252.09$21,321
Dec 20193381,64359.012.30$23,731
Nov 20191691,47755.302.75$13,408
Oct 20194971,68753.472.42$30,655
Sep 20193321,73755.052.66$22,892
Aug 20193371,39553.112.30$21,113
Jul 20193341,58456.272.46$22,691
Jun 20195041,63352.782.49$30,669
May 20193341,65958.482.74$24,079
Apr 20193431,39262.632.75$25,311
Mar 201916293656.803.06$12,068
Feb 201916598850.852.79$11,149
Jan 2019063046.033.23$2,034
Dec 201834670146.594.19$19,054
Nov 201816455952.934.24$11,049
Oct 20181731,06761.443.40$14,255
Sep 20183241,26459.543.11$23,219
Aug 201833181759.403.07$22,167
Jul 20181684965.142.93$11,087
Jun 2018503060.183.08$30,271
May 20183373365.382.90$22,129
Apr 20180163.842.90$3
Mar 2018651061.222.79$39,854
Feb 201802561.782.77$69
Jan 201833837962.874.01$22,770
Dec 201717157657.272.92$11,476
Nov 20170355.423.12$9
Oct 201766451349.292.98$34,259
Sep 201705047.523.09$154
Aug 201735616045.373.00$16,632
Jul 2017083943.873.09$2,590
Jun 20173176242.493.09$13,661
May 2017211845.373.26$476
Apr 201719343347.933.21$10,641
Mar 201734294046.772.98$18,800
Feb 201717357750.452.95$10,432
Jan 201719419149.413.42$10,239
Dec 201610011748.763.72$5,312
Nov 2016011442.492.64$301
Oct 2016628846.193.09$3,136
Sep 201601541.553.10$47
Aug 2016141041.442.92$5,843
Jul 201696541.622.92$4,010
Jun 20168843345.352.69$5,154
May 201614179442.521.99$7,576
Apr 20169684536.561.99$5,192
Mar 201614483933.011.79$6,259
Feb 20164876726.472.06$2,853
Jan 2016941,04727.352.36$5,046
Dec 201520092932.362.00$8,331
Nov 201510076838.792.17$5,544
Oct 201516086443.552.43$9,065
Sep 20155239042.992.76$3,311
Aug 201520269740.162.87$10,114
Jul 2015105048.152.95$5,056
Jun 2015153456.152.88$8,602
May 201550055.212.96$2,761
Apr 20151506149.822.71$7,638
Mar 20154947442.892.93$3,493
Feb 201511514344.662.98$5,562
Jan 201515140143.433.10$7,801
Dec 2014991,00454.693.59$9,020
Nov 20149392770.464.25$10,494
Oct 201412998178.303.90$13,928
Sep 20148169586.164.05$9,791
Aug 201415767589.394.04$16,758
Jul 20147529496.564.18$8,471
Jun 201413571898.164.74$16,653
May 20141411,13794.734.73$18,731
Apr 20141941,36695.944.81$25,182
Mar 20141881,00895.895.06$23,125
Feb 201410045997.406.19$12,582
Jan 20143351,21890.404.86$36,204
Dec 2013096591.824.35$4,202
Nov 20131304088.853.74$11,700
Oct 2013991,00697.423.78$13,447
Sep 2013941,029104.113.72$13,612
Aug 2013132882104.253.52$16,868
Jul 201381872102.523.72$11,546
Jun 20135576594.403.93$8,201
May 2013562294.834.15$5,402
Apr 2013242493.964.28$2,358
Mar 20131052093.623.91$9,908
Feb 201347091.233.42$4,288
Jan 20137939591.603.42$8,587
Dec 20127335086.773.42$7,531
Nov 201215097286.953.62$16,566
Oct 201210386889.383.40$12,157
Sep 201215091194.672.92$16,859
Aug 201211495992.662.91$13,352
Jul 20128568985.133.02$9,317
Jun 20126335379.822.52$5,918
May 201221364991.612.49$21,128
Apr 2012106812101.652.00$12,396
Mar 2012114917105.052.22$14,013
Feb 2012102836101.102.57$12,461
Jan 20128366498.092.73$9,957
Dec 20111561396.873.24$15,154
Nov 201116859495.723.31$18,048
Oct 20111031,01284.983.65$12,445
Sep 201110886583.623.99$12,479
Aug 201115954783.404.15$15,530
Jul 20111111,17294.144.52$15,744
Jun 201110666292.904.64$12,919
May 201118166498.134.40$20,686
Apr 2011175659105.964.33$21,399
Mar 20111271,14396.364.06$16,875
Feb 201112153785.644.18$12,607
Jan 201126772586.504.59$26,422
Dec 201015472785.734.35$16,363
Nov 20109099080.843.80$11,033
Oct 201021799178.103.51$20,425
Sep 20101081,20972.633.98$12,655
Aug 201016186573.684.42$15,685
Jul 20101131,00072.554.74$12,935
Jun 201015881970.364.91$15,139
May 20101561,12871.124.24$15,872
Apr 20101041,02881.694.12$12,734
Mar 20101661,01278.394.39$17,454
Feb 201016090573.585.44$16,698
Jan 201020594374.365.96$20,868
Dec 20091541,08971.445.48$16,974
Nov 20091601,04474.593.75$15,851
Oct 20091141,25472.544.11$13,424
Sep 200912779565.543.06$10,760
Aug 20096029967.423.22$5,008
Jul 200985061.133.46$5,196
Jun 20099485966.163.90$9,565
May 20091641,29654.743.93$14,065
Apr 20092371,27346.773.59$15,651
Mar 200912299742.144.06$9,188
Feb 200928496632.814.63$13,794
Jan 20093141,06635.865.37$16,986
Dec 20083091,29437.105.98$19,198
Nov 200825389755.496.86$20,193
Oct 200820786075.246.92$21,528
Sep 2008241413101.767.88$27,777
Aug 20084251,220114.228.48$58,893
Jul 2008701,172131.0811.39$22,524
Jun 2008243863131.3313.03$43,160
May 2008208673123.1711.57$33,409
Apr 2008294616110.3110.45$38,871
Mar 20081651,010101.909.66$26,574
Feb 20081091,23192.538.77$20,882
Jan 20082231,20990.388.21$30,075
Dec 20073171,00788.337.30$35,354
Nov 200718797791.677.29$24,266
Oct 200711967182.856.92$14,504
Sep 200718976175.846.24$19,086
Aug 200722770369.066.39$20,167
Jul 20073121,12770.906.39$29,320
Jun 200723493962.007.55$21,596
May 200712491258.747.85$14,440
Apr 200711393059.617.81$13,995
Mar 200715253656.927.30$12,566
Feb 200725964755.108.22$19,587
Jan 200738596350.306.73$25,843
Dec 20066269856.656.92$8,341
Nov 200631367654.207.62$22,114
Oct 200624761454.906.01$17,253
Sep 200619683760.085.04$15,992
Aug 200624254768.717.34$20,643
Jul 200612650369.376.34$11,931
Jun 200625179266.286.38$21,692
May 20063341,00966.016.42$28,530
Apr 200614697264.397.36$16,555
Mar 200628290556.707.08$22,399
Feb 200630490257.597.75$24,499
Jan 200646698160.598.93$36,999
Dec 200530882154.9413.42$27,936
Nov 200535145354.6910.59$23,993
Oct 200518123358.3413.80$13,774
Sep 200525752661.4512.08$22,146
Aug 200524850661.519.80$20,212
Jul 200525237855.697.84$16,999
Jun 200522136352.337.38$14,244
May 200524451345.226.65$14,446
Apr 200521339749.207.36$13,402
Mar 200532228450.377.15$18,251
Feb 200525835345.226.31$13,895
Jan 200544441743.166.32$21,799
Dec 200431541939.866.75$15,385
Nov 200419453845.286.33$12,190
Oct 200431160849.706.52$19,418
Sep 200430162543.245.28$16,318
Aug 200441369542.375.55$21,357
Jul 200431270538.286.08$16,233
Jun 200419264536.106.43$11,081
May 200420644737.486.49$10,624
Apr 200410725634.475.86$5,188
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20042032.036.30$64
Dec 2003102030.266.30$3,087
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200302029.765.13$103
Jul 20030029.415.17$0
Jun 200302728.565.98$162
May 200301226.595.97$72
Apr 200306726.675.41$362
Mar 200310611331.146.10$3,990
Feb 20038810033.487.93$3,739
Jan 2003011630.315.58$648
Dec 20021515826.914.85$4,345
Nov 2002836124.664.14$2,299
Oct 2002814226.464.23$2,321
Sep 200203627.443.64$131
Aug 2002815925.963.16$2,289
Jul 2002823624.583.06$2,126
Jun 2002794023.733.34$2,008
May 2002803324.663.58$2,091
Apr 20021576223.653.51$3,931
Mar 200205422.003.10$168
Feb 2002793018.222.38$1,511
Jan 2002837217.172.38$1,596
Dec 2001883316.932.36$1,568
Nov 2001793218.072.41$1,505
Oct 2001783219.782.53$1,624
Sep 2001813024.262.25$2,033
Aug 2001846124.873.05$2,275
Jul 2001763823.933.20$1,940
Jun 2001773624.563.82$2,029
May 2001773425.524.31$2,111
Apr 2001794524.685.34$2,190
Mar 20011624524.545.38$4,217
Feb 2001804427.755.77$2,474
Jan 2001815227.478.40$2,662
Dec 2000845126.889.12$2,723
Nov 2000874432.215.66$3,051
Oct 20001536131.235.15$5,092
Sep 2000624031.875.19$2,183
Aug 200002429.644.54$109
Jul 20001499328.534.09$4,631
Jun 20008917329.304.40$3,368
May 20008718027.263.68$3,034
Apr 20001813024.513.12$4,530
Mar 2000913328.422.86$2,681
Feb 20002753727.622.73$7,696
Jan 20001795025.272.48$4,647
Dec 199905024.282.42$121
Nov 19991194223.192.43$2,862
Oct 1999816420.982.80$1,879
Sep 19992855621.752.62$6,345
Aug 199912910419.262.88$2,784
Jul 1999334417.892.37$695
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998129010.892.19$1,405
Oct 1998423212.421.97$585
Sep 1998713012.592.08$956
Aug 1998556411.301.91$744
Jul 1998151311.742.24$205
Jun 1998168011.242.24$1,888
May 19982487512.622.21$3,295
Apr 19988218413.042.51$1,530
Mar 19988015212.802.31$1,375
Feb 19988615013.952.30$1,545
Jan 199816918914.702.15$2,892
Dec 199717614516.322.41$3,222
Nov 19979622618.193.09$2,444
Oct 199721526119.253.15$4,961
Sep 199710023917.742.95$2,480
Aug 199722326417.862.55$4,657
Jul 199721128117.582.25$4,341
Jun 199723466217.242.26$5,528
May 199712173118.972.31$3,983
Apr 199718145117.882.08$4,176
Mar 199724323318.951.94$5,057
Feb 199738413220.492.21$8,159
Jan 199723220823.483.54$6,184
Dec 199636322723.32$8,465
Nov 199639021421.97$8,568
Oct 199651420923.31$11,981
Sep 19962791,85822.22$6,199
Aug 19968369,87920.26$16,937
Jul 199673211,56019.55$14,311
Jun 199622111,94818.73$4,139
May 199619512,70319.43$3,789
Apr 199623611,98821.51$5,076
Mar 199630115,54919.38$5,833
Feb 199625915,83216.98$4,398
Jan 199654816,59417.07$9,354
Dec 199536115,39017.19$6,206
Nov 199537520,43216.00$6,000
Oct 199571320,80315.43$11,002
Sep 199591022,26016.18$14,724
Aug 199574219,23515.92$11,813
Jul 199554631,41715.24$8,321
Jun 199501,72716.41$0
May 19950017.56$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.

May 2026 — as filed, then multipliedworked
Oil                  335 bbl  × $106.41 =    $35,647
Casinghead gas       333 Mcf  × $  3.05 =     $1,014

────────────────────────────────────────────────────
Month total                                  $36,662

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/34493 is the state's own key, not one this site invented.