STATE UNIVERSITY F3

Operated by TWO P PARTNERS, LLC (P-5 875088) in the WARD-ESTES, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35161District 08Field 95152001OilCasinghead gasSaveExport
Value, all time
$11.7 M
Dec 1996 – May 2026
Value, last 12 filed months
$301 k
at the published price for each month
Months reported
354
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 98 leases and 4,161 wells, and the rule below applies to all of them.

Discovered
1929-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: EFFECTIVE 11/01/82; ALLOC FORMULA SUSPENDED 9-1-84

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
OilDisposition230,069 bbl$10,994,426
Casinghead gasProduction143,090 Mcf$729,297
Total$11,723,722

189 Mcf of this lease's gas, across 1 month, 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 (5)

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 31.5482, -103.0012. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.54703, -103.00263 · centre of 3 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
60.0%
3 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
3,125 ft
5 wells filed one
Completion to plug
43.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
360.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
NeitherNo plug date, and not on the schedule.
240.0%

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 2,890 and 3,146 ft, median 3,125 ft, over the 5 wells that filed a depth.

Completions filed
Sep 1961 – Aug 1999
5 of 5 wells
Plug dates filed
Dec 2004 – Nov 2023
3 of 5 wells; 2 filed none

Last completion to plug: a median of 43.3 years across the 3 wells that filed both dates, with the middle half between 33.3 years and 45.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-475344191133,125 ftAug 1999
42-475344551083,146 ftAug 1997
42-475339681043,125 ftOct 1996Jan 2020Yes
42-4750290624W2,968 ftAug 1975Nov 2023Yes
42-47502931482,890 ftSep 1961Dec 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 (354)

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

354 months

May 20262796106.413.05$29,707
Apr 2026418398.932.87$41,361
Mar 2026682289.753.15$61,216
Feb 2026371263.503.75$23,566
Jan 2026552459.138.00$32,672
Dec 2025778756.664.41$44,112
Nov 2025474758.593.93$27,799
Oct 2025152759.383.30$9,049
Sep 2025181562.743.08$11,371
Aug 2025128463.933.01$8,195
Jul 202592466.743.32$6,153
Jun 202591466.483.13$6,062
May 2025122660.553.23$7,406
Apr 2025124662.363.54$7,754
Mar 2025111867.704.27$7,549
Feb 2025104870.884.34$7,406
Jan 20251191274.324.28$8,895
Dec 2024136468.993.12$9,395
Nov 2024200669.052.20$13,823
Oct 2024204571.372.28$14,571
Sep 2024189469.612.36$13,166
Aug 20242668575.632.06$20,293
Jul 202432218479.932.15$26,132
Jun 202418715778.082.63$15,014
May 202405778.812.20$125
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20241623976.091.78$12,396
Jan 20243056473.023.30$22,482
Dec 20233567671.262.61$25,567
Nov 202339010277.892.81$30,663
Oct 202333612585.443.09$29,094
Sep 20232851189.042.74$25,406
Aug 2023289080.522.67$23,270
Jul 2023332274.852.64$24,855
Jun 20234491168.962.26$30,988
May 20234751970.622.23$33,587
Apr 20234782178.122.24$37,388
Mar 20234882272.852.39$35,603
Feb 20235262175.112.47$39,560
Jan 20235932976.533.39$45,481
Dec 20224672276.415.73$35,810
Nov 20225062385.005.65$43,140
Oct 20223382287.185.86$29,596
Sep 20224553084.888.16$38,865
Aug 20224493194.529.13$42,722
Jul 202234532101.587.54$35,286
Jun 202243229115.097.98$49,950
May 202225232109.378.43$27,831
Apr 202235522104.226.84$37,149
Mar 202236941108.885.08$40,385
Feb 20223595591.054.86$32,954
Jan 20225286281.844.54$43,493
Dec 20213516371.323.90$25,279
Nov 20213635477.435.24$28,390
Oct 20214805779.795.71$38,625
Sep 20213768369.865.35$26,711
Aug 20215008366.024.22$33,360
Jul 20213748070.783.98$26,790
Jun 20213683969.493.38$25,704
May 20213755163.483.02$23,959
Apr 20215106060.362.76$30,949
Mar 20212456161.302.72$15,184
Feb 20213314257.805.55$19,365
Jan 20214199850.412.81$21,397
Dec 202057418244.642.68$26,110
Nov 202042719438.772.71$17,080
Oct 202057218336.972.48$21,600
Sep 20204159937.091.99$15,589
Aug 202060221339.982.39$24,576
Jul 202070621838.371.83$27,487
Jun 20205599934.901.69$19,676
May 20202443016.921.81$4,183
Apr 202063511414.751.80$9,572
Mar 202052212430.341.86$16,068
Feb 202074214149.881.98$37,290
Jan 202052614157.252.09$30,409
Dec 20194408359.012.30$26,156
Nov 20195518455.302.75$30,701
Oct 20191,00915753.472.42$54,331
Sep 201980412055.052.66$44,579
Aug 201970413453.112.30$37,698
Jul 201970513656.272.46$40,005
Jun 201997811852.782.49$51,913
May 20191,16011158.482.74$68,141
Apr 201958911262.632.75$37,197
Mar 20191,2825556.803.06$72,986
Feb 20197155750.852.79$36,517
Jan 20197908446.033.23$36,635
Dec 20186478446.594.19$30,495
Nov 20182893452.934.24$15,441
Oct 20183513361.443.40$21,678
Sep 20181,0877359.543.11$64,947
Aug 20189265859.403.07$55,182
Jul 20187674465.142.93$50,091
Jun 20181,2192660.183.08$73,439
May 201867510065.382.90$44,422
Apr 20181,27625163.842.90$82,188
Mar 20181,07626561.222.79$66,611
Feb 201895829161.782.77$59,990
Jan 20181,21018362.874.01$76,806
Dec 20171,18131557.272.92$68,556
Nov 201796231055.423.12$54,281
Oct 201794230349.292.98$47,335
Sep 20171,06724247.523.09$51,451
Aug 20171,02512245.373.00$46,871
Jul 20171,5289143.873.09$67,314
Jun 20171,4575942.493.09$62,090
May 20171,1206845.373.26$51,036
Apr 201783511547.933.21$40,391
Mar 201788814346.772.98$41,958
Feb 20173486550.452.95$17,749
Jan 2017174949.413.42$8,628
Dec 2016173948.763.72$8,469
Nov 2016155042.492.64$6,586
Oct 20162744046.193.09$12,780
Sep 20163013541.553.10$12,615
Aug 20163033741.442.92$12,665
Jul 20167647341.622.92$32,011
Jun 20168097945.352.69$36,900
May 20168427342.521.99$35,947
Apr 20161,0164536.561.99$37,235
Mar 20165783933.011.79$19,150
Feb 20166283826.472.06$16,702
Jan 20165213927.352.36$14,342
Dec 20152732432.362.00$8,882
Nov 2015228538.792.17$8,855
Oct 20155022343.552.43$21,918
Sep 20154313842.992.76$18,634
Aug 20158433840.162.87$33,964
Jul 20157653848.152.95$36,947
Jun 20157523456.152.88$42,323
May 20157933955.212.96$43,897
Apr 20159523649.822.71$47,526
Mar 20151,0274042.892.93$44,165
Feb 20151,0473744.662.98$46,869
Jan 20155902343.433.10$25,695
Dec 20149734954.693.59$53,389
Nov 20141,2576170.464.25$88,828
Oct 201491637578.303.90$73,186
Sep 20141,1002,09586.164.05$103,251
Aug 20141,1532,57489.394.04$113,453
Jul 20149053,44696.564.18$101,790
Jun 20141,0193,53498.164.74$116,765
May 20141,1523,08894.734.73$123,725
Apr 20144361,23095.944.81$47,745
Mar 201451565195.895.06$52,675
Feb 201419439997.406.19$21,366
Jan 2014363090.404.86$32,815
Dec 2013152091.824.35$13,957
Nov 2013363088.853.74$32,253
Oct 201318018197.423.78$18,220
Sep 201327258104.113.72$28,534
Aug 201339764104.253.52$41,613
Jul 201343367102.523.72$44,640
Jun 20133908394.403.93$37,142
May 20133507594.834.15$33,502
Apr 20134332993.964.28$40,809
Mar 20133286193.623.91$30,946
Feb 20133415191.233.42$31,284
Jan 20134046591.603.42$37,229
Dec 20123352686.773.42$29,157
Nov 2012330686.953.62$28,715
Oct 20123291589.383.40$29,457
Sep 20122513794.672.92$23,870
Aug 20122876892.662.91$26,791
Jul 20124088685.133.02$34,993
Jun 20124079179.822.52$32,716
May 20122508691.612.49$23,117
Apr 201232786101.652.00$33,411
Mar 201228288105.052.22$29,820
Feb 201232376101.102.57$32,851
Jan 201248412198.092.73$47,806
Dec 201120714296.873.24$20,512
Nov 201133215195.723.31$32,279
Oct 201132316484.983.65$28,047
Sep 201133016983.623.99$28,268
Aug 201141117883.404.15$35,016
Jul 201133318694.144.52$32,189
Jun 201125217792.904.64$24,232
May 201145318098.134.40$45,246
Apr 2011359166105.964.33$38,759
Mar 201134321496.364.06$33,920
Feb 20113312685.644.18$3,353
Jan 201121510886.504.59$19,093
Dec 201039813785.734.35$34,716
Nov 20104526780.843.80$36,794
Oct 201038715378.103.51$30,762
Sep 201045412872.633.98$33,483
Aug 201034522673.684.42$26,418
Jul 201047625972.554.74$35,761
Jun 201029930770.364.91$22,545
May 201026532471.124.24$20,219
Apr 201034934581.694.12$29,932
Mar 201034438478.394.39$28,651
Feb 201034835973.585.44$27,560
Jan 201022232374.365.96$18,434
Dec 200939445571.445.48$30,642
Nov 200938345574.593.75$30,275
Oct 200939148272.544.11$30,344
Sep 200937650965.543.06$26,203
Aug 200937548867.423.22$26,853
Jul 200936149161.133.46$23,769
Jun 200950147966.163.90$35,012
May 200938358654.743.93$23,266
Apr 200951559946.773.59$26,235
Mar 200947669842.144.06$22,892
Feb 200940663132.814.63$16,244
Jan 200959980735.865.37$25,815
Dec 200862188437.105.98$28,323
Nov 200851891455.496.86$35,014
Oct 200848993275.246.92$43,244
Sep 2008340364101.767.88$37,466
Aug 2008544911114.228.48$69,864
Jul 2008580968131.0811.39$87,051
Jun 2008727923131.3313.03$107,506
May 2008568733123.1711.57$78,445
Apr 2008506515110.3110.45$61,201
Mar 2008469799101.909.66$55,513
Feb 200846487192.538.77$50,573
Jan 200863199990.388.21$65,227
Dec 200770783988.337.30$68,576
Nov 20077121,01491.677.29$72,663
Oct 200767296882.856.92$62,376
Sep 200759895275.846.24$51,297
Aug 200748898269.066.39$39,974
Jul 20075561,10270.906.39$46,460
Jun 200731489762.007.55$26,239
May 200728778058.747.85$22,978
Apr 200754293259.617.81$39,583
Mar 200746198056.927.30$33,396
Feb 200748394555.108.22$34,377
Jan 200753681650.306.73$32,450
Dec 200658969756.656.92$38,189
Nov 200649871654.207.62$32,446
Oct 200657498754.906.01$37,448
Sep 200655992960.085.04$38,264
Aug 200656288968.717.34$45,140
Jul 200664280969.376.34$49,667
Jun 200650756966.286.38$37,236
May 200639640466.016.42$28,736
Apr 200660976564.397.36$44,844
Mar 200664574356.707.08$41,834
Feb 200655058857.597.75$36,232
Jan 200666733960.598.93$43,442
Dec 200562753254.9413.42$41,584
Nov 200562679054.6910.59$42,601
Oct 200560075958.3413.80$45,475
Sep 200568291461.4512.08$52,949
Aug 200571586861.519.80$52,483
Jul 200569093255.697.84$45,736
Jun 200564290152.337.38$40,246
May 20057361,01045.226.65$40,000
Apr 200569987249.207.36$40,809
Mar 20058121,96250.377.15$54,938
Feb 200570266045.226.31$35,910
Jan 200570769943.166.32$34,933
Dec 200482572739.866.75$37,793
Nov 200481375345.286.33$41,579
Oct 200479966549.706.52$44,043
Sep 200485454943.245.28$39,828
Aug 200486769442.375.55$40,587
Jul 200458675738.286.08$27,038
Jun 200476781736.106.43$32,944
May 200483081937.486.49$36,427
Apr 200488585134.475.86$35,492
Mar 20048411,04034.365.53$34,648
Feb 20047161,04232.455.51$28,975
Jan 20045921,12632.036.30$26,055
Dec 20036731,13530.266.30$27,517
Nov 20036311,11928.804.60$23,315
Oct 20036961,17228.174.76$25,185
Sep 20035901,17726.314.75$21,113
Aug 20036841,27129.765.13$26,876
Jul 20037721,29829.415.17$29,416
Jun 20034561,16028.565.98$19,964
May 200363675526.595.97$21,421
Apr 200367969126.675.41$21,845
Mar 200353975731.146.10$21,399
Feb 200377539533.487.93$29,078
Jan 200379246230.315.58$26,584
Dec 200274243726.914.85$22,088
Nov 200272537724.664.14$19,438
Oct 200276046626.464.23$22,080
Sep 200287148727.443.64$25,671
Aug 200274554425.963.16$21,062
Jul 200288753524.583.06$23,441
Jun 200273758823.733.34$19,452
May 200282353424.663.58$22,209
Apr 200279355323.653.51$20,697
Mar 200289436322.003.10$20,794
Feb 200271438418.222.38$13,921
Jan 200298841517.172.38$17,950
Dec 200192234716.932.36$16,430
Nov 200186638418.072.41$16,572
Oct 200195841719.782.53$20,004
Sep 200188638224.262.25$22,354
Aug 200196338924.873.05$25,137
Jul 200184733223.933.20$21,330
Jun 200199132924.563.82$25,597
May 200190229025.524.31$24,268
Apr 200195431424.685.34$25,220
Mar 200189929524.545.38$23,648
Feb 200180422527.755.77$23,609
Jan 20011,28650427.478.40$39,559
Dec 20001,48748226.889.12$44,368
Nov 20001,34948832.215.66$46,212
Oct 20001,37946231.235.15$45,443
Sep 20001,47574731.875.19$50,883
Aug 20001,63661729.644.54$51,293
Jul 20001,78470428.534.09$53,777
Jun 20001,70163729.304.40$52,640
May 20001,75366027.263.68$50,215
Apr 20001,56460224.513.12$40,209
Mar 20001,54961628.422.86$45,784
Feb 20001,63154227.622.73$46,526
Jan 20001,41164525.272.48$37,256
Dec 19991,50559124.282.42$37,974
Nov 19991,48954023.192.43$35,844
Oct 19991,81038420.982.80$39,050
Sep 19991,77130021.752.62$39,305
Aug 19991,02634819.262.88$20,761
Jul 199982233717.892.37$15,505
Jun 199991039815.942.36$15,446
May 199997140515.792.32$16,272
Apr 199994842615.102.21$15,255
Mar 19991,17742812.471.84$15,464
Feb 19991,0177129.981.82$11,444
Jan 199988358210.381.90$10,271
Dec 19981,0662929.201.77$10,325
Nov 199878723710.892.19$9,088
Oct 19981,05130812.421.97$13,660
Sep 19981,07327812.592.08$14,088
Aug 19981,06427511.301.91$12,548
Jul 19981,13937511.742.24$14,211
Jun 19981,08039411.242.24$13,021
May 19981,15850712.622.21$15,733
Apr 19981,19149813.042.51$16,778
Mar 19981,23699112.802.31$18,109
Feb 19981,12070713.952.30$17,249
Jan 19981,10989114.702.15$18,222
Dec 199798776216.322.41$17,945
Nov 199799178718.193.09$20,457
Oct 19971,27595519.253.15$27,552
Sep 19971,6521,50617.742.95$33,757
Aug 19971,6531,90517.862.55$34,389
Jul 19971,5411,67517.582.25$30,854
Jun 19971,2761,93717.242.26$26,370
May 19971,5132,42918.972.31$34,309
Apr 199739629117.882.08$7,687
Mar 199749535218.951.94$10,063
Feb 199712919820.492.21$3,080
Jan 1997898023.483.54$2,373
Dec 199659818923.32$13,945

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                  279 bbl  × $106.41 =    $29,688
Casinghead gas         6 Mcf  × $  3.05 =        $18

────────────────────────────────────────────────────
Month total                                  $29,707

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/35161 is the state's own key, not one this site invented.