STATE UNIVERSITY F5

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 35163District 08Field 95152001OilCasinghead gasSaveExport
Value, all time
$6.5 M
Dec 1996 – May 2026
Value, last 12 filed months
$256 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
OilDisposition153,345 bbl$6,013,780
Casinghead gasProduction104,905 Mcf$436,361
Total$6,450,141

1,922 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 31.5350, -102.9963. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.53486, -102.99654 · 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
75.0%
3 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
3,079 ft
4 wells filed one
Completion to plug
26.5 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 3,065 and 3,090 ft, median 3,079 ft, over the 4 wells that filed a depth.

Completions filed
Sep 1996 – Aug 1997
4 of 4 wells
Plug dates filed
Mar 2023 – Jun 2024
3 of 4 wells; 1 filed none

Last completion to plug: a median of 26.5 years across the 3 wells that filed both dates, with the middle half between 26.4 years and 26.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-475342561093,065 ftAug 1997Nov 2023Yes
42-475342571073,080 ftMar 1997Jun 2024Yes
42-475344051113,090 ftNov 1996
42-475343841103,078 ftSep 1996Mar 2023Yes

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 20261541106.413.05$16,390
Apr 2026230098.932.87$22,754
Mar 2026375089.753.15$33,656
Feb 2026204063.503.75$12,954
Jan 2026303059.138.00$17,916
Dec 2025428156.664.41$24,255
Nov 2025398158.593.93$23,323
Oct 2025388159.383.30$23,043
Sep 2025464162.743.08$29,114
Aug 2025327063.933.01$20,905
Jul 2025236066.743.32$15,751
Jun 2025233066.483.13$15,490
May 2025313160.553.23$18,955
Apr 2025315162.363.54$19,647
Mar 2025282167.704.27$19,096
Feb 2025265170.884.34$18,788
Jan 2025287174.324.28$21,334
Dec 2024348068.993.12$24,009
Nov 2024270069.052.20$18,644
Oct 2024316071.372.28$22,553
Sep 2024349169.612.36$24,296
Aug 2024441875.632.06$33,369
Jul 20244811879.932.15$38,485
Jun 20243571578.082.63$27,914
May 20241611078.812.20$12,710
Apr 2024207784.451.66$17,493
Mar 20242331380.301.55$18,730
Feb 20243281376.091.78$24,981
Jan 20241245273.023.30$9,226
Dec 20231276271.262.61$9,212
Nov 20231398177.892.81$11,054
Oct 202312010085.443.09$10,562
Sep 2023102889.042.74$9,104
Aug 2023103080.522.67$8,294
Jul 2023117174.852.64$8,760
Jun 2023128968.962.26$8,847
May 20231361670.622.23$9,640
Apr 20231361678.122.24$10,660
Mar 20231371772.852.39$10,021
Feb 20231451575.112.47$10,928
Jan 20231732576.533.39$13,324
Dec 20221402376.415.73$10,829
Nov 20221652485.005.65$14,161
Oct 20221022587.185.86$9,039
Sep 20221372984.888.16$11,865
Aug 20221353094.529.13$13,034
Jul 202211630101.587.54$12,010
Jun 202213229115.097.98$15,423
May 202212734109.378.43$14,177
Apr 202210628104.226.84$11,239
Mar 202211136108.885.08$12,268
Feb 20221084491.054.86$10,047
Jan 20221584981.844.54$13,153
Dec 2021994971.323.90$7,252
Nov 2021676577.435.24$5,528
Oct 2021938879.795.71$7,923
Sep 20216612169.865.35$5,258
Aug 20218811866.024.22$6,308
Jul 20216511970.783.98$5,075
Jun 2021656669.493.38$4,740
May 2021528363.483.02$3,551
Apr 2021573660.362.76$3,540
Mar 2021439261.302.72$2,886
Feb 2021776057.805.55$4,783
Jan 20218710450.412.81$4,678
Dec 202011511444.642.68$5,439
Nov 20208512138.772.71$3,623
Oct 202011411736.972.48$4,505
Sep 2020898037.091.99$3,460
Aug 202011413339.982.39$4,875
Jul 2020767938.371.83$3,060
Jun 2020843234.901.69$2,986
May 2020475116.921.81$888
Apr 2020715614.751.80$1,148
Mar 2020585730.341.86$1,866
Feb 2020826949.881.98$4,227
Jan 2020626557.252.09$3,686
Dec 2019599459.012.30$3,698
Nov 20194314955.302.75$2,788
Oct 20197216053.472.42$4,237
Sep 20195713755.052.66$3,502
Aug 20195013953.112.30$2,976
Jul 20195014356.272.46$3,165
Jun 20196911152.782.49$3,918
May 2019816258.482.74$4,907
Apr 2019336562.632.75$2,246
Mar 2019635056.803.06$3,732
Feb 2019355550.852.79$1,933
Jan 2019516346.033.23$2,551
Dec 2018586146.594.19$2,958
Nov 2018724852.934.24$4,014
Oct 2018664761.443.40$4,215
Sep 2018705659.543.11$4,342
Aug 2018604659.403.07$3,705
Jul 20181014665.142.93$6,714
Jun 2018811960.183.08$4,933
May 201839865.382.90$2,573
Apr 201874763.842.90$4,744
Mar 201862761.222.79$3,815
Feb 201856761.782.77$3,479
Jan 201881762.874.01$5,121
Dec 201773857.272.92$4,204
Nov 201757855.423.12$3,184
Oct 201752849.292.98$2,587
Sep 201767447.523.09$3,196
Aug 201766345.373.00$3,003
Jul 2017124843.873.09$5,465
Jun 20171321242.493.09$5,646
May 20171121145.373.26$5,117
Apr 2017831347.933.21$4,020
Mar 20171121146.772.98$5,271
Feb 201791650.452.95$4,609
Jan 2017105749.413.42$5,212
Dec 201696748.763.72$4,707
Nov 201662042.492.64$2,634
Oct 20161255546.193.09$5,944
Sep 20162045641.553.10$8,650
Aug 20162398641.442.92$10,156
Jul 20163219841.622.92$13,647
Jun 201630910845.352.69$14,303
May 20162338942.521.99$10,084
Apr 20162533736.561.99$9,323
Mar 20161612833.011.79$5,365
Feb 20161632726.472.06$4,370
Jan 20161323127.352.36$3,684
Dec 2015912732.362.00$2,999
Nov 2015861638.792.17$3,371
Oct 20151122743.552.43$4,943
Sep 20151092742.992.76$4,760
Aug 20151992740.162.87$8,069
Jul 20151612748.152.95$7,832
Jun 20152232556.152.88$12,594
May 20153925355.212.96$21,799
Apr 20154485249.822.71$22,460
Mar 20154975942.892.93$21,489
Feb 20154155144.662.98$18,686
Jan 20151962443.433.10$8,587
Dec 20144205754.693.59$23,175
Nov 20146206070.464.25$43,940
Oct 201449821978.303.90$39,848
Sep 2014673086.164.05$57,986
Aug 2014787089.394.04$70,350
Jul 2014634096.564.18$61,219
Jun 2014668098.164.74$65,571
May 2014615094.734.73$58,259
Apr 2014202095.944.81$19,380
Mar 201432731695.895.06$32,954
Feb 201414334297.406.19$16,046
Jan 201426848290.404.86$26,570
Dec 201311249791.824.35$12,448
Nov 201326878788.853.74$26,754
Oct 201313341097.423.78$14,506
Sep 201320094104.113.72$21,171
Aug 2013293165104.253.52$31,126
Jul 2013319203102.523.72$33,459
Jun 201328720294.403.93$27,887
May 201325821494.834.15$25,354
Apr 201331916093.964.28$30,658
Mar 201324213493.623.91$23,180
Feb 201325212091.233.42$23,400
Jan 201329812991.603.42$27,738
Dec 201224713386.773.42$21,887
Nov 201224312686.953.62$21,586
Oct 20122439889.383.40$22,053
Sep 201218511994.672.92$17,861
Aug 201221213392.662.91$20,031
Jul 201230015185.133.02$25,995
Jun 201230016179.822.52$24,352
May 201218415491.612.49$17,239
Apr 2012241104101.652.00$24,705
Mar 2012208140105.052.22$22,161
Feb 2012238115101.102.57$24,357
Jan 201235712398.092.73$35,354
Dec 201115310596.873.24$15,161
Nov 201124411595.723.31$23,736
Oct 201123813684.983.65$20,721
Sep 201124312983.623.99$20,834
Aug 201130313083.404.15$25,810
Jul 201124510294.144.52$23,525
Jun 201118611592.904.64$17,813
May 201133414398.134.40$33,405
Apr 2011264136105.964.33$28,563
Mar 201127010196.364.06$26,427
Feb 2011337085.644.18$3,119
Jan 20111624886.504.59$14,233
Dec 201021411685.734.35$18,851
Nov 20102449680.843.80$20,089
Oct 201020812878.103.51$16,694
Sep 201024412072.633.98$18,199
Aug 201018610473.684.42$14,164
Jul 201025611372.554.74$19,108
Jun 201016111670.364.91$11,898
May 201014310371.124.24$10,606
Apr 201018810481.694.12$15,786
Mar 201018510478.394.39$14,959
Feb 201018810273.585.44$14,388
Jan 20101197274.365.96$9,278
Dec 200921210771.445.48$15,732
Nov 200920610774.593.75$15,767
Oct 200921011072.544.11$15,686
Sep 200920910265.543.06$14,010
Aug 200920911367.423.22$14,454
Jul 200919011661.133.46$12,017
Jun 200926412766.163.90$17,961
May 200920228754.743.93$12,184
Apr 200926828646.773.59$13,560
Mar 200924527442.144.06$11,436
Feb 200921129032.814.63$8,266
Jan 200929924635.865.37$12,043
Dec 200831027337.105.98$13,133
Nov 200825924855.496.86$16,073
Oct 200824921275.246.92$20,202
Sep 2008176134101.767.88$18,965
Aug 2008269267114.228.48$32,990
Jul 2008276335131.0811.39$39,994
Jun 2008341333131.3313.03$49,123
May 2008258338123.1711.57$35,690
Apr 2008237256110.3110.45$28,820
Mar 2008232258101.909.66$26,134
Feb 200822622892.538.77$22,911
Jan 200831622490.388.21$30,398
Dec 200735417288.337.30$32,525
Nov 200735628591.677.29$34,713
Oct 200734121482.856.92$29,733
Sep 200730522375.846.24$24,524
Aug 200722922569.066.39$17,252
Jul 200721013170.906.39$15,726
Jun 20071373662.007.55$8,766
May 200713712358.747.85$9,012
Apr 200726726359.617.81$17,969
Mar 200722523656.927.30$14,530
Feb 200724212855.108.22$14,386
Jan 200726824650.306.73$15,135
Dec 200629729956.656.92$18,894
Nov 200625623654.207.62$15,673
Oct 200629328654.906.01$17,806
Sep 200628225260.085.04$18,212
Aug 200629326668.717.34$22,084
Jul 200631529169.376.34$23,697
Jun 200629628366.286.38$21,426
May 200632632866.016.42$23,627
Apr 200630430764.397.36$21,834
Mar 200632230456.707.08$20,411
Feb 200627625357.597.75$17,856
Jan 200633630560.598.93$23,083
Dec 200531329154.9413.42$21,100
Nov 200531328854.6910.59$20,167
Oct 200530030758.3413.80$21,737
Sep 200534132961.4512.08$24,928
Aug 200535733961.519.80$25,280
Jul 200534534755.697.84$21,935
Jun 200532135352.337.38$19,403
May 200536837645.226.65$19,142
Apr 200534935249.207.36$19,762
Mar 200540674250.377.15$25,759
Feb 200535155445.226.31$19,369
Jan 200535364943.166.32$19,339
Dec 200441360039.866.75$20,513
Nov 200440666745.286.33$22,606
Oct 200439975849.706.52$24,769
Sep 200442375443.245.28$22,275
Aug 200443377542.375.55$22,648
Jul 200429353138.286.08$14,447
Jun 200438445636.106.43$16,796
May 200441557837.486.49$19,308
Apr 200444268234.475.86$19,231
Mar 200442061134.365.53$17,810
Feb 200435546832.455.51$14,098
Jan 200427334632.036.30$10,924
Dec 200331123230.266.30$10,873
Nov 200329128528.804.60$9,690
Oct 200332129528.174.76$10,447
Sep 200327330526.314.75$8,631
Aug 200331943129.765.13$11,704
Jul 200338457829.415.17$14,282
Jun 200341734528.565.98$13,974
May 200358045626.595.97$18,146
Apr 200362181626.675.41$20,974
Mar 200349531331.146.10$17,322
Feb 200375044933.487.93$28,669
Jan 200376657430.315.58$26,422
Dec 200271863326.914.85$22,394
Nov 200270259824.664.14$19,785
Oct 200273667326.464.23$22,321
Sep 200284261127.443.64$25,326
Aug 200272171125.963.16$20,967
Jul 200285877624.583.06$23,466
Jun 200271496423.733.34$20,161
May 200279679424.663.58$22,475
Apr 200276764623.653.51$20,409
Mar 200286483222.003.10$21,589
Feb 200268596918.222.38$14,783
Jan 200295696317.172.38$18,702
Dec 20018921,03816.932.36$17,556
Nov 20018381,12818.072.41$17,856
Oct 200193394219.782.53$20,837
Sep 200189896724.262.25$23,963
Aug 20011,11990424.873.05$30,590
Jul 200198376523.933.20$25,969
Jun 20011,15197524.563.82$31,997
May 20011,04778125.524.31$30,083
Apr 20011,10381424.685.34$31,565
Mar 20011,02391324.545.38$30,013
Feb 200180992127.755.77$27,761
Jan 200173271427.478.40$26,105
Dec 200084678426.889.12$29,893
Nov 200076786432.215.66$29,594
Oct 200078472931.235.15$28,235
Sep 200083985631.875.19$31,179
Aug 20009301,03029.644.54$32,242
Jul 20001,01594828.534.09$32,835
Jun 20009671,03429.304.40$32,880
May 20009971,17527.263.68$31,502
Apr 200089049524.513.12$23,356
Mar 200088157028.422.86$26,668
Feb 200092851327.622.73$27,030
Jan 200080349725.272.48$21,525
Dec 199985641424.282.42$21,787
Nov 199984740323.192.43$20,623
Oct 19991,03380120.982.80$23,918
Sep 19991,0481,14121.752.62$25,782
Aug 19991,00164319.262.88$21,128
Jul 19991,10048617.892.37$20,832
Jun 19991,21747015.942.36$20,509
May 19991,29850115.792.32$21,658
Apr 19991,25251415.102.21$20,040
Mar 19991,57466612.471.84$20,852
Feb 19991,3612499.981.82$14,035
Jan 19991,18152410.381.90$13,254
Dec 19981,4262639.201.77$13,586
Nov 19981,05421310.892.19$11,944
Oct 19981,40727712.421.97$18,020
Sep 19981,43525112.592.08$18,589
Aug 19981,40126311.301.91$16,333
Jul 19981,69141211.742.24$20,774
Jun 19981,58948111.242.24$18,936
May 19981,71762612.622.21$23,050
Apr 19981,90066413.042.51$26,440
Mar 19981,9731,32212.802.31$28,307
Feb 19981,78794313.952.30$27,097
Jan 19981,7701,18814.702.15$28,579
Dec 19971,5721,01516.322.41$28,102
Nov 19971,5581,05018.193.09$31,583
Oct 19971,6471,25219.253.15$35,648
Sep 19971,3571,21817.742.95$27,672
Aug 19971,2511,30517.862.55$25,677
Jul 19971,6061,47417.582.25$31,545
Jun 19971,6021,53717.242.26$31,088
May 19972,4381,34118.972.31$49,345
Apr 19972,5401,89217.882.08$49,356
Mar 19972,4881,43918.951.94$49,938
Feb 19972,4822,15920.492.21$55,619
Jan 19971,6621,53223.483.54$44,447
Dec 19961,4861,92223.32$34,654

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                  154 bbl  × $106.41 =    $16,387
Casinghead gas         1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                  $16,390

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/35163 is the state's own key, not one this site invented.