UNIVERSITY CONS

Operated by SANDRIDGE EXPL. AND PROD., LLC (P-5 748011) in the FULLERTON (WICHITA ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34952District 08Field 33230700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$597 k
Jun 1996 – Jun 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
181
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 6 leases and 13 wells, and the rule below applies to all of them.

Discovered
1948-12-31
as the register files it
Field class
Oil
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 40 acres.

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: (WOLFCAMP) CONSOLIDATED INTO FULLERTON FIELD EFFECTIVE 6/9/10.

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
OilDisposition14,975 bbl$476,543
Casinghead gasProduction33,751 Mcf$120,934
Total$597,477

2,375 Mcf of this lease's gas, across 7 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 32.3299, -102.7612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32990, -102.76118 · 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
9,115 ft
1 wells filed one
Completion to plug
29.8 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 9,115 ft.

Completions filed
Dec 1995
1 of 1 wells
Plug dates filed
Oct 2025
1 of 1 wells

Last completion to plug: a median of 29.8 years across the 1 well that filed both dates, with the middle half between 29.8 years and 29.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00337232509,115 ftDec 1995Oct 2025Yes

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 (181)

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

181 months

Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20105071.124.24$356
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201031074.365.96$2,305
Dec 200934071.445.48$2,429
Nov 200939074.593.75$2,909
Oct 200951072.544.11$3,700
Sep 200947065.543.06$3,080
Aug 200947067.423.22$3,169
Jul 200955061.133.46$3,362
Jun 200945066.163.90$2,977
May 200947054.743.93$2,573
Apr 200940046.773.59$1,871
Mar 200941042.144.06$1,728
Feb 200941032.814.63$1,345
Jan 200939035.865.37$1,399
Dec 200843037.105.98$1,595
Nov 200840055.496.86$2,220
Oct 200849075.246.92$3,687
Sep 2008430101.767.88$4,376
Aug 2008450114.228.48$5,140
Jul 2008520131.0811.39$6,816
Jun 2008420131.3313.03$5,516
May 2008480123.1711.57$5,912
Apr 2008520110.3110.45$5,736
Mar 2008720101.909.66$7,337
Feb 200863092.538.77$5,829
Jan 200848090.388.21$4,338
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 20075070.906.39$355
Jun 200744062.007.55$2,728
May 200747058.747.85$2,761
Apr 200746059.617.81$2,742
Mar 200748056.927.30$2,732
Feb 200750055.108.22$2,755
Jan 200765050.306.73$3,270
Dec 200668056.656.92$3,852
Nov 200666054.207.62$3,577
Oct 200654054.906.01$2,965
Sep 20060060.085.04$0
Aug 20069068.717.34$618
Jul 200662069.376.34$4,301
Jun 200674066.286.38$4,905
May 200666066.016.42$4,357
Apr 200654064.397.36$3,477
Mar 200677056.707.08$4,366
Feb 200682057.597.75$4,722
Jan 200676060.598.93$4,605
Dec 200511418254.9413.42$8,705
Nov 200510933654.6910.59$9,519
Oct 200513533958.3413.80$12,553
Sep 200511232261.4512.08$10,772
Aug 200510237861.519.80$9,977
Jul 20059516355.697.84$6,569
Jun 20051374152.337.38$7,472
May 20051203745.226.65$5,672
Apr 2005942649.207.36$4,816
Mar 20051181950.377.15$6,080
Feb 200511122245.226.31$6,421
Jan 200511132443.166.32$6,839
Dec 20049427139.866.75$5,576
Nov 20048130745.286.33$5,611
Oct 20046621849.706.52$4,700
Sep 20045715543.245.28$3,284
Aug 20046219242.375.55$3,693
Jul 20046117538.286.08$3,400
Jun 20045116536.106.43$2,903
May 20048016337.486.49$4,057
Apr 20045415634.475.86$2,775
Mar 20048018934.365.53$3,794
Feb 20047017932.455.51$3,258
Jan 20047716232.036.30$3,487
Dec 20039418330.266.30$3,998
Nov 200311420328.804.60$4,216
Oct 200310021028.174.76$3,817
Sep 200311129426.314.75$4,317
Aug 200311531129.765.13$5,018
Jul 200310523529.415.17$4,303
Jun 20039320128.565.98$3,859
May 20038021726.595.97$3,423
Apr 20039520826.675.41$3,658
Mar 20039218831.146.10$4,011
Feb 20039719533.487.93$4,793
Jan 20039217430.315.58$3,760
Dec 20029219026.914.85$3,398
Nov 20026521524.664.14$2,492
Oct 20026416526.464.23$2,391
Sep 20026718827.443.64$2,522
Aug 20027924325.963.16$2,820
Jul 20027324124.583.06$2,532
Jun 20026718223.733.34$2,197
May 200211711724.663.58$3,305
Apr 200211619123.653.51$3,414
Mar 200210418622.003.10$2,865
Feb 200210723118.222.38$2,498
Jan 200213318617.172.38$2,725
Dec 2001938716.932.36$1,780
Nov 200110915118.072.41$2,333
Oct 200110518219.782.53$2,537
Sep 200111419424.262.25$3,202
Aug 200110425924.873.05$3,377
Jul 20019623723.933.20$3,055
Jun 20019919624.563.82$3,181
May 20019523825.524.31$3,450
Apr 20017319624.685.34$2,847
Mar 20018920124.545.38$3,265
Feb 20018421527.755.77$3,571
Jan 20019524627.478.40$4,676
Dec 20009317826.889.12$4,124
Nov 200012623932.215.66$5,411
Oct 2000110031.235.15$3,435
Sep 200011828631.875.19$5,244
Aug 200012325629.644.54$4,808
Jul 20009616828.534.09$3,426
Jun 200011326829.304.40$4,489
May 200012032827.263.68$4,478
Apr 200013030424.513.12$4,134
Mar 200013417928.422.86$4,320
Feb 200014227127.622.73$4,661
Jan 200013929925.272.48$4,254
Dec 199914928224.282.42$4,301
Nov 199913529323.192.43$3,844
Oct 199914532420.982.80$3,951
Sep 19999526221.752.62$2,752
Aug 199911427019.262.88$2,972
Jul 199919631417.892.37$4,251
Jun 199914722015.942.36$2,863
May 19997718515.792.32$1,645
Apr 19998425215.102.21$1,825
Mar 19999226512.471.84$1,634
Feb 1999802289.981.82$1,213
Jan 19998422810.381.90$1,305
Dec 1998882599.201.77$1,269
Nov 199814631910.892.19$2,287
Oct 199814737012.421.97$2,554
Sep 199816018412.592.08$2,398
Aug 199815543611.301.91$2,583
Jul 19981514,59011.742.24$12,042
Jun 199815048611.242.24$2,773
May 199816650812.622.21$3,216
Apr 199817148013.042.51$3,432
Mar 199820651412.802.31$3,824
Feb 199821547213.952.30$4,084
Jan 199824844214.702.15$4,598
Dec 199721844616.322.41$4,633
Nov 199723736618.193.09$5,441
Oct 199726634419.253.15$6,204
Sep 199729336417.742.95$6,273
Aug 199724133717.862.55$5,165
Jul 199726137617.582.25$5,433
Jun 199725632917.242.26$5,156
May 19974236618.972.31$1,642
Apr 19974133917.882.08$1,439
Mar 19974038318.951.94$1,501
Feb 19973735520.492.21$1,541
Jan 19973933523.483.54$2,102
Dec 19963333423.32$770
Nov 19965530921.97$1,208
Oct 19966037723.31$1,399
Sep 19965649622.22$1,244
Aug 19966732820.26$1,357
Jul 19965611119.55$1,095
Jun 19966142018.73$1,143

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 2010 — as filed, then multipliedworked
Oil                    5 bbl  × $ 71.12 =       $356
Casinghead gas         0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                     $356

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/34952 is the state's own key, not one this site invented.