STATE UNIVERSITY F4

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 35162District 08Field 95152001OilCasinghead gasSaveExport
Value, all time
$8.5 M
Dec 1996 – May 2026
Value, last 12 filed months
$155 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
OilDisposition153,061 bbl$8,140,984
Casinghead gasProduction81,359 Mcf$404,693
Total$8,545,677

113 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 (4)

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 31.5416, -102.9973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.54154, -102.99662 · 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
75.0%
3 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
3,136 ft
4 wells filed one
Completion to plug
20.8 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
375.0%
BothOn the schedule and plugged. Neither fact cancels the other.
375.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 3,099 and 3,200 ft, median 3,136 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1997 – Apr 2003
4 of 4 wells
Plug dates filed
Nov 2017 – Jul 2023
3 of 4 wells; 1 filed none

Last completion to plug: a median of 20.8 years across the 3 wells that filed both dates, with the middle half between 20.3 years and 22.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-475347761153,200 ftApr 2003
42-475339511023,099 ftFeb 2000Dec 2019Yes
42-475339481013,124 ftDec 1998Jul 2023Yes
42-475339701063,148 ftFeb 1997Nov 2017Yes

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 202600106.413.05$0
Apr 202620098.932.87$1,979
Mar 2026273089.753.15$24,502
Feb 2026149063.503.75$9,462
Jan 2026221159.138.00$13,076
Dec 2025311156.664.41$17,626
Nov 2025282158.593.93$16,526
Oct 2025266159.383.30$15,798
Sep 2025318162.743.08$19,954
Aug 2025224163.933.01$14,323
Jul 2025162166.743.32$10,815
Jun 2025159166.483.13$10,573
May 2025215160.553.23$13,021
Apr 2025217162.363.54$13,536
Mar 2025194167.704.27$13,138
Feb 2025182170.884.34$12,905
Jan 2025198174.324.28$14,720
Dec 2024240168.993.12$16,561
Nov 2024186169.052.20$12,846
Oct 2024182171.372.28$12,992
Sep 2024103169.612.36$7,172
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202444084.451.66$3,716
Mar 20241221180.301.55$9,814
Feb 20242231276.091.78$16,989
Jan 20242735973.023.30$20,129
Dec 20232807171.262.61$20,138
Nov 20233079277.892.81$24,171
Oct 202326411385.443.09$22,905
Sep 2023224989.042.74$19,970
Aug 2023227080.522.67$18,278
Jul 2023261174.852.64$19,538
Jun 20233521468.962.26$24,306
May 20233732670.622.23$26,399
Apr 20233752778.122.24$29,355
Mar 20233772972.852.39$27,534
Feb 20234072675.112.47$30,634
Jan 20235345676.533.39$41,057
Dec 20224204976.415.73$32,373
Nov 20224955185.005.65$42,363
Oct 20223065387.185.86$26,988
Sep 20224106284.888.16$35,307
Aug 20224046394.529.13$38,761
Jul 202234864101.587.54$35,833
Jun 202239661115.097.98$46,062
May 202238072109.378.43$42,168
Apr 202231960104.226.84$33,656
Mar 202233276108.885.08$36,534
Feb 20223239191.054.86$29,851
Jan 202247510281.844.54$39,337
Dec 202129810371.323.90$21,655
Nov 202137812177.435.24$29,902
Oct 202152816779.795.71$43,083
Sep 202137622969.865.35$27,493
Aug 202149121766.024.22$33,332
Jul 202136922670.783.98$27,018
Jun 202136712669.493.38$25,929
May 202137516463.483.02$24,300
Apr 202149816960.362.76$30,525
Mar 202124617561.302.72$15,555
Feb 202137111457.805.55$22,076
Jan 202123220050.412.81$12,257
Dec 202030622144.642.68$14,251
Nov 202022823438.772.71$9,473
Oct 202030722636.972.48$11,910
Sep 202023615737.091.99$9,066
Aug 202030425739.982.39$12,767
Jul 202030434338.371.83$12,291
Jun 202044623634.901.69$15,964
May 202031312216.921.81$5,517
Apr 202047013214.751.80$7,171
Mar 202038713430.341.86$11,990
Feb 202055016249.881.98$27,755
Jan 202040715357.252.09$23,621
Dec 20198611359.012.30$5,335
Nov 20191034455.302.75$5,817
Oct 201936124053.472.42$19,883
Sep 201932320655.052.66$18,329
Aug 201938632753.112.30$21,254
Jul 201938633656.272.46$22,547
Jun 201955628652.782.49$30,058
May 2019234458.482.74$1,466
Apr 20191676262.632.75$10,630
Mar 201939410056.803.06$22,685
Feb 20192436350.852.79$12,532
Jan 20195357446.033.23$24,865
Dec 20186117246.594.19$28,768
Nov 20187595752.934.24$40,415
Oct 20186915661.443.40$42,645
Sep 20187376659.543.11$44,086
Aug 20186275459.403.07$37,409
Jul 20182382665.142.93$15,580
Jun 20183661660.183.08$22,075
May 20182914165.382.90$19,145
Apr 20185643963.842.90$36,119
Mar 20184763961.222.79$29,249
Feb 20184334061.782.77$26,861
Jan 20186193562.874.01$39,057
Dec 20175564357.272.92$31,968
Nov 20174444255.423.12$24,737
Oct 20174713449.292.98$23,317
Sep 20176321347.523.09$30,073
Aug 20179894045.373.00$44,991
Jul 20171,8487843.873.09$81,313
Jun 20171,7856942.493.09$76,058
May 20171,1556745.373.26$52,621
Apr 201726147.933.21$1,249
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20141054.693.59$55
Nov 2014111970.464.25$7,859
Oct 20141517578.303.90$12,116
Sep 2014193086.164.05$16,629
Aug 2014556089.394.04$49,701
Jul 2014539096.564.18$52,046
Jun 2014558098.164.74$54,773
May 2014533094.734.73$50,491
Apr 201434752395.944.81$35,806
Mar 201455355695.895.06$55,839
Feb 201421428597.406.19$22,608
Jan 201440234290.404.86$38,003
Dec 201316835591.824.35$16,972
Nov 201340149188.853.74$37,464
Oct 201319929197.423.78$20,486
Sep 201330167104.113.72$31,586
Aug 2013439119104.253.52$46,185
Jul 2013479144102.523.72$49,642
Jun 201343114294.403.93$41,245
May 201338715294.834.15$37,330
Apr 201349611293.964.28$47,084
Mar 201339713593.623.91$37,695
Feb 201341310791.233.42$38,044
Jan 201348912891.603.42$45,230
Dec 201240513386.773.42$35,597
Nov 201239912886.953.62$35,157
Oct 201239910089.383.40$36,003
Sep 201230411794.672.92$29,121
Aug 201234813192.662.91$32,627
Jul 201249315285.133.02$42,428
Jun 201249316479.822.52$39,764
May 201230315391.612.49$28,139
Apr 2012396103101.652.00$40,459
Mar 2012342141105.052.22$36,240
Feb 2012391114101.102.57$39,823
Jan 201258612298.092.73$57,814
Dec 201125110796.873.24$24,661
Nov 201140111795.723.31$38,771
Oct 201139113684.983.65$33,723
Sep 201140013083.623.99$33,966
Aug 201149712983.404.15$41,985
Jul 201140310294.144.52$38,399
Jun 201130511392.904.64$28,859
May 201154814198.134.40$54,396
Apr 2011434136105.964.33$46,576
Mar 201143610096.364.06$42,419
Feb 2011507285.644.18$4,583
Jan 20112608086.504.59$22,857
Dec 201036814585.734.35$32,179
Nov 201041812080.843.80$34,247
Oct 201035716078.103.51$28,443
Sep 201041915072.633.98$31,029
Aug 201031813073.684.42$24,005
Jul 201044014272.554.74$32,595
Jun 201027614570.364.91$20,131
May 201024512871.124.24$17,967
Apr 201032313081.694.12$26,922
Mar 201031813078.394.39$25,499
Feb 201032211673.585.44$24,324
Jan 20102058474.365.96$15,745
Dec 200936412471.445.48$26,684
Nov 200935412674.593.75$26,878
Oct 200936012872.544.11$26,641
Sep 200934911965.543.06$23,238
Aug 200933712567.423.22$23,123
Jul 200930413061.133.46$19,034
Jun 200942214266.163.90$28,473
May 200932332054.743.93$18,937
Apr 200943431846.773.59$21,439
Mar 200940030842.144.06$18,106
Feb 200934332332.814.63$12,750
Jan 200950829535.865.37$19,801
Dec 200847732537.105.98$19,639
Nov 200834523255.496.86$20,736
Oct 200841625075.246.92$33,030
Sep 2008300161101.767.88$31,796
Aug 2008466322114.228.48$55,958
Jul 2008497373131.0811.39$69,395
Jun 2008621370131.3313.03$86,378
May 2008482387123.1711.57$63,847
Apr 2008413291110.3110.45$48,600
Mar 2008319246101.909.66$34,883
Feb 200832821392.538.77$32,218
Jan 200856830090.388.21$53,798
Dec 200763723088.337.30$57,946
Nov 200764137991.677.29$61,524
Oct 200761228682.856.92$52,684
Sep 200748429775.846.24$38,561
Aug 200739123669.066.39$28,510
Jul 200750125970.906.39$37,175
Jun 200729919262.007.55$19,987
May 200725730858.747.85$17,513
Apr 200746834759.617.81$30,606
Mar 200742932356.927.30$26,777
Feb 200743812955.108.22$25,194
Jan 200740719250.306.73$21,764
Dec 200653524156.656.92$31,975
Nov 200659026354.207.62$33,981
Oct 200667331754.906.01$38,854
Sep 200664127560.085.04$39,897
Aug 200666929768.717.34$48,147
Jul 200671633269.376.34$51,775
Jun 200667533066.286.38$46,846
May 200668434266.016.42$47,348
Apr 200667735064.397.36$46,168
Mar 200671834456.707.08$43,147
Feb 200661929157.597.75$37,904
Jan 200675034960.598.93$48,560
Dec 200570533554.9413.42$43,227
Nov 200570533254.6910.59$42,072
Oct 200567335258.3413.80$44,119
Sep 200575837261.4512.08$51,072
Aug 200580438961.519.80$53,265
Jul 200577639955.697.84$46,345
Jun 200572240652.337.38$40,779
May 200582843345.226.65$40,322
Apr 200578640449.207.36$41,645
Mar 200591385450.377.15$52,098
Feb 200578966045.226.31$39,844
Jan 200579477443.166.32$39,162
Dec 200492071239.866.75$41,478
Nov 200489577645.286.33$45,438
Oct 200488388949.706.52$49,677
Sep 200492486043.245.28$44,498
Aug 200496991742.375.55$46,146
Jul 200465963338.286.08$29,078
Jun 200486354536.106.43$34,660
May 200493468937.486.49$39,481
Apr 20041,00081434.475.86$39,239
Mar 200496872734.365.53$37,281
Feb 200491854932.455.51$32,814
Jan 20041,4571,01232.036.30$53,043
Dec 20031,64967630.266.30$54,159
Nov 20031,51180528.804.60$47,216
Oct 20031,71286228.174.76$52,330
Sep 20031,44988926.314.75$42,345
Aug 20031,6971,26029.765.13$56,966
Jul 20031,9981,68529.415.17$67,474
Jun 20031,8621,42028.565.98$61,675
May 20031,8711,87826.595.97$60,967
Apr 20031,10381726.675.41$33,835
Mar 200346031231.146.10$16,226
Feb 200355025033.487.93$20,395
Jan 200356231930.315.58$18,815
Dec 200252735226.914.85$15,890
Nov 200251533224.664.14$14,073
Oct 200254037426.464.23$15,870
Sep 200261834027.443.64$18,194
Aug 200252939525.963.16$14,983
Jul 200262943124.583.06$16,780
Jun 200252353523.733.34$14,197
May 200258444124.663.58$15,982
Apr 200256335923.653.51$14,576
Mar 200263346222.003.10$15,359
Feb 200249853118.222.38$10,335
Jan 200268052117.172.38$12,913
Dec 200165457716.932.36$12,436
Nov 200161462718.072.41$12,603
Oct 200168252319.782.53$14,813
Sep 200164453724.262.25$16,832
Aug 200168450224.873.05$18,544
Jul 200160142523.933.20$15,741
Jun 200170354224.563.82$19,338
May 200164043425.524.31$18,202
Apr 200167345224.685.34$19,021
Mar 200162050724.545.38$17,941
Feb 200146651227.755.77$15,884
Jan 200127439727.478.40$10,861
Dec 200031743526.889.12$12,489
Nov 200028848032.215.66$11,992
Oct 200029440531.235.15$11,266
Sep 200031447531.875.19$12,471
Aug 200034957229.644.54$12,942
Jul 200038052728.534.09$12,997
Jun 200036257529.304.40$13,135
May 200037065327.263.68$12,489
Apr 200030927524.513.12$8,430
Mar 200019522828.422.86$6,194
Feb 200020520527.622.73$6,221
Jan 200017719925.272.48$4,966
Dec 199918916624.282.42$4,991
Nov 199918716123.192.43$4,728
Oct 199922832020.982.80$5,681
Sep 199923245621.752.62$6,240
Aug 199922125719.262.88$4,995
Jul 199924319417.892.37$4,808
Jun 199926918815.942.36$4,732
May 199928720015.792.32$4,996
Apr 199928020915.102.21$4,689
Mar 199934826612.471.84$4,829
Feb 19993011009.981.82$3,186
Jan 199926121010.381.90$3,108
Dec 19983151059.201.77$3,084
Nov 19982338510.892.19$2,723
Oct 199831011112.421.97$4,069
Sep 199831510012.592.08$4,174
Aug 19982798611.301.91$3,317
Jul 199833713511.742.24$4,258
Jun 199831515711.242.24$3,892
May 199832920312.622.21$4,600
Apr 199833919913.042.51$4,919
Mar 199835239612.802.31$5,420
Feb 199831928313.952.30$5,101
Jan 199831635614.702.15$5,412
Dec 199728130516.322.41$5,321
Nov 199728931518.193.09$6,230
Oct 199748238219.253.15$10,482
Sep 199755539917.742.95$11,025
Aug 199756250417.862.55$11,325
Jul 199764548217.582.25$12,422
Jun 199759247517.242.26$11,278
May 199757726218.972.31$11,551
Apr 199763337817.882.08$12,105
Mar 199781045718.951.94$16,236
Feb 199737519220.492.21$8,107
Jan 19971586023.483.54$3,922
Dec 199631211323.32$7,276

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.

Apr 2026 — as filed, then multipliedworked
Oil                   20 bbl  × $ 98.93 =     $1,979
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $1,979

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/35162 is the state's own key, not one this site invented.