UNIVERSITY H

Operated by OILFIELD MANAGEMENT, INC. (A) (P-5 621016) in the HUTEX, N. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34745District 08Field 43880666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.6 M
Nov 1995 – Jun 2007
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
140
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 9 leases and 12 wells, and the rule below applies to all of them.

Discovered
1965-04-02
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1989-11-01.

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.

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
OilDisposition43,991 bbl$1,016,793
Casinghead gasProduction213,369 Mcf$539,887
Total$1,556,681

56,924 Mcf of this lease's gas, across 14 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 32.4582, -102.3109. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45820, -102.31094 · 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
100.0%
1 of 1 wells
Median depth
12,661 ft
1 wells filed one
Completion to plug
11.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 12,661 ft.

Completions filed
Nov 1995
1 of 1 wells
Plug dates filed
Apr 2007
1 of 1 wells

Last completion to plug: a median of 11.4 years across the 1 well that filed both dates, with the middle half between 11.4 years and 11.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00334559102512,661 ftNov 1995Apr 2007Yes

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 (140)

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

140 months

Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007112055.108.22$6,171
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 200606854.906.01$409
Sep 200619153960.085.04$14,190
Aug 2006151468.717.34$3,841
Jul 200619261369.376.34$17,207
Jun 200619062566.286.38$16,583
May 2006057566.016.42$3,694
Apr 200618260364.397.36$16,157
Mar 200618559056.707.08$14,668
Feb 2006752957.597.75$4,503
Jan 200618660460.598.93$16,665
Dec 200519360454.9413.42$18,706
Nov 200518545554.6910.59$14,935
Oct 200517952458.3413.80$17,672
Sep 200519242861.4512.08$16,968
Aug 2005258061.519.80$5,805
Jul 200517955855.697.84$14,345
Jun 2005355652.337.38$4,261
May 200518855845.226.65$12,213
Apr 200518453149.207.36$12,961
Mar 200519751350.377.15$13,593
Feb 200519041645.226.31$11,218
Jan 200518044743.166.32$10,595
Dec 2004123739.866.75$1,640
Nov 200419257845.286.33$12,353
Oct 200418163149.706.52$13,107
Sep 2004161843.245.28$3,309
Aug 200418866442.375.55$11,651
Jul 200418464438.286.08$10,962
Jun 200418745336.106.43$9,665
May 2004168237.486.49$4,467
Apr 200417664534.475.86$9,845
Mar 200418064134.365.53$9,730
Feb 200418350632.455.51$8,726
Jan 2004049632.036.30$3,125
Dec 200316277130.266.30$9,761
Nov 200316461728.804.60$7,558
Oct 200316984328.174.76$8,773
Sep 200317759626.314.75$7,487
Aug 200317985629.765.13$9,718
Jul 200312374929.415.17$7,490
Jun 200316162028.565.98$8,308
May 200316424626.595.97$5,830
Apr 200316974526.675.41$8,536
Mar 200317487931.146.10$10,777
Feb 200318074633.487.93$11,939
Jan 200317981830.315.58$9,992
Dec 200217082426.914.85$8,574
Nov 200216576224.664.14$7,221
Oct 200217978326.464.23$8,048
Sep 200218048427.443.64$6,699
Aug 200217599325.963.16$7,685
Jul 200233099524.583.06$11,158
Jun 2002297123.733.34$3,289
May 200218097824.663.58$7,944
Apr 200216494823.653.51$7,208
Mar 200235195722.003.10$10,691
Feb 200217366218.222.38$4,725
Jan 200217569317.172.38$4,651
Dec 200118981116.932.36$5,117
Nov 200118585718.072.41$5,404
Oct 200119294919.782.53$6,198
Sep 2001459324.262.25$1,432
Aug 200117398124.873.05$7,298
Jul 200135787123.933.20$11,328
Jun 2001251324.563.82$2,011
May 200113681825.524.31$6,994
Apr 200136298024.685.34$14,163
Mar 20011911,00124.545.38$10,069
Feb 200118586427.755.77$10,117
Jan 200118893527.478.40$13,017
Dec 200018986426.889.12$12,962
Nov 200037572832.215.66$16,198
Oct 200017366331.235.15$8,814
Sep 200014846531.875.19$7,128
Aug 2000038729.644.54$1,757
Jul 200018196528.534.09$9,111
Jun 20001881,45929.304.40$11,924
May 20001871,20627.263.68$9,535
Apr 20001851,51124.513.12$9,243
Mar 20003691,67628.422.86$15,280
Feb 20001881,54527.622.73$9,405
Jan 20001931,34425.272.48$8,211
Dec 19991881,11824.282.42$7,274
Nov 19993781,63723.192.43$12,750
Oct 19991392220.982.80$2,858
Sep 19992071,80421.752.62$9,227
Aug 19993851,63719.262.88$12,122
Jul 1999262,17417.892.37$5,623
Jun 19993812,17815.942.36$11,218
May 1999131,89915.792.32$4,613
Apr 19993742,51215.102.21$11,194
Mar 19992002,31712.471.84$6,753
Feb 19991951,6069.981.82$4,865
Jan 19994142,52610.381.90$9,097
Dec 19982022709.201.77$2,337
Nov 199818969510.892.19$3,577
Oct 199882,52712.421.97$5,076
Sep 19981932,58012.592.08$7,803
Aug 19981932,99411.301.91$7,892
Jul 19981893,08511.742.24$9,121
Jun 19981903,11011.242.24$9,094
May 19983822,95012.622.21$11,330
Apr 19981943,22013.042.51$10,597
Mar 19983643,40812.802.31$12,530
Feb 19981883,10213.952.30$9,755
Jan 19981993,58814.702.15$10,657
Dec 19973943,74216.322.41$15,452
Nov 19973873,77518.193.09$18,698
Oct 19973963,99719.253.15$20,213
Sep 19973723,79717.742.95$17,819
Aug 19973824,57917.862.55$18,521
Jul 19973943,76517.582.25$15,386
Jun 19973813,70817.242.26$14,938
May 19975773,64918.972.31$19,369
Apr 19975573,51917.882.08$17,288
Mar 19977903,22418.951.94$21,222
Feb 19978082,47720.492.21$22,020
Jan 19975932,60723.483.54$23,152
Dec 19967822,77623.32$18,236
Nov 19967732,67121.97$16,983
Oct 19967452,61423.31$17,366
Sep 19963863,11022.22$8,577
Aug 19965535,26120.26$11,204
Jul 19966205,52219.55$12,121
Jun 19969405,40018.73$17,606
May 19961,1245,71419.43$21,839
Apr 19961,5275,71321.51$32,846
Mar 19962,2955,93719.38$44,477
Feb 19962,4344,83416.98$41,329
Jan 19962,3042,62617.07$39,329
Dec 19952,7292,14617.19$46,912
Nov 19952,1062,60016.00$33,696

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.

Feb 2007 — as filed, then multipliedworked
Oil                  112 bbl  × $ 55.10 =     $6,171
Casinghead gas         0 Mcf  × $  8.22 =         $0

────────────────────────────────────────────────────
Month total                                   $6,171

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/34745 is the state's own key, not one this site invented.