UNIVERSITY 20-2

Name: UNIVERSITY 20-2 lease production and value, Apr 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by OXY USA INC. (P-5 630591) in the BLOCK 20 (DELAWARE CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35485District 08Field 09316080OilCasinghead gasSave Export

Value, all time

$594 k

Apr 1997 – Nov 2009

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

152

no gaps in the span

Streams

oil, casinghead gas

The BLOCK 20 (DELAWARE CONS.) field

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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1997-04-10

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 0 acres. The field rule took effect on 1997-09-19.

The Commission's schedule remark for this field reads: “DOCKET ASSIGNED, SPACING ONLY DENSITY FROM SWR 38”

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.

Stream	Basis	Volume	Value
Oil	Disposition	14,731 bbl	$479,378
Casinghead gas	Production	26,685 Mcf	$115,057
Total			$594,436

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 31.7490, -103.3136. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74897, -103.31363 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,800 ft

1 wells filed one

Completion to plug

4.5 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 8,800 ft.

Completions filed

Feb 2013

1 of 1 wells

Plug dates filed

Aug 2017

1 of 1 wells

Last completion to plug: a median of 4.5 years across the 1 well that filed both dates, with the middle half between 4.5 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49532623	2	8,800 ft	Feb 2013	Aug 2017	Yes

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 (152)

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

152 months


Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	66	0	65.54	3.06	$4,326
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	178	0	46.77	3.59	$8,325
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	2	35.86	5.37	$11
Dec 2008	9	0	37.10	5.98	$334
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	12	75.24	6.92	$83
Sep 2008	0	2	101.76	7.88	$16
Aug 2008	0	8	114.22	8.48	$68
Jul 2008	338	12	131.08	11.39	$44,442
Jun 2008	0	15	131.33	13.03	$195
May 2008	0	3	123.17	11.57	$35
Apr 2008	0	13	110.31	10.45	$136
Mar 2008	0	7	101.90	9.66	$68
Feb 2008	4	116	92.53	8.77	$1,388
Jan 2008	360	124	90.38	8.21	$33,554
Dec 2007	192	124	88.33	7.30	$17,865
Nov 2007	0	120	91.67	7.29	$875
Oct 2007	1	124	82.85	6.92	$941
Sep 2007	0	120	75.84	6.24	$749
Aug 2007	360	124	69.06	6.39	$25,654
Jul 2007	0	124	70.90	6.39	$792
Jun 2007	0	120	62.00	7.55	$906
May 2007	0	124	58.74	7.85	$973
Apr 2007	0	120	59.61	7.81	$937
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	1	55.10	8.22	$8
Jan 2007	348	50	50.30	6.73	$17,841
Dec 2006	0	56	56.65	6.92	$387
Nov 2006	0	41	54.20	7.62	$312
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	5	60.08	5.04	$25
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	362	1	69.37	6.34	$25,118
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	179	0	54.94	13.42	$9,834
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	164	0	58.34	13.80	$9,568
Sep 2005	0	22	61.45	12.08	$266
Aug 2005	0	46	61.51	9.80	$451
Jul 2005	178	84	55.69	7.84	$10,572
Jun 2005	0	65	52.33	7.38	$480
May 2005	178	87	45.22	6.65	$8,628
Apr 2005	0	94	49.20	7.36	$692
Mar 2005	204	106	50.37	7.15	$11,034
Feb 2005	0	88	45.22	6.31	$555
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	177	70	39.86	6.75	$7,528
Nov 2004	0	59	45.28	6.33	$373
Oct 2004	180	202	49.70	6.52	$10,262
Sep 2004	0	240	43.24	5.28	$1,268
Aug 2004	178	248	42.37	5.55	$8,918
Jul 2004	0	248	38.28	6.08	$1,509
Jun 2004	178	240	36.10	6.43	$7,970
May 2004	0	216	37.48	6.49	$1,403
Apr 2004	177	240	34.47	5.86	$7,507
Mar 2004	0	323	34.36	5.53	$1,786
Feb 2004	8	260	32.45	5.51	$1,692
Jan 2004	183	272	32.03	6.30	$7,575
Dec 2003	0	302	30.26	6.30	$1,903
Nov 2003	185	250	28.80	4.60	$6,477
Oct 2003	184	359	28.17	4.76	$6,892
Sep 2003	0	163	26.31	4.75	$774
Aug 2003	0	451	29.76	5.13	$2,314
Jul 2003	182	489	29.41	5.17	$7,881
Jun 2003	0	331	28.56	5.98	$1,980
May 2003	185	420	26.59	5.97	$7,428
Apr 2003	0	270	26.67	5.41	$1,460
Mar 2003	185	483	31.14	6.10	$8,705
Feb 2003	0	423	33.48	7.93	$3,353
Jan 2003	185	379	30.31	5.58	$7,723
Dec 2002	2	523	26.91	4.85	$2,592
Nov 2002	185	458	24.66	4.14	$6,457
Oct 2002	0	434	26.46	4.23	$1,835
Sep 2002	183	590	27.44	3.64	$7,166
Aug 2002	0	564	25.96	3.16	$1,785
Jul 2002	167	445	24.58	3.06	$5,467
Jun 2002	0	384	23.73	3.34	$1,282
May 2002	179	298	24.66	3.58	$5,482
Apr 2002	174	388	23.65	3.51	$5,478
Mar 2002	0	334	22.00	3.10	$1,036
Feb 2002	170	151	18.22	2.38	$3,456
Jan 2002	185	236	17.17	2.38	$3,737
Dec 2001	0	231	16.93	2.36	$546
Nov 2001	184	80	18.07	2.41	$3,517
Oct 2001	187	99	19.78	2.53	$3,949
Sep 2001	0	204	24.26	2.25	$459
Aug 2001	158	198	24.87	3.05	$4,534
Jul 2001	0	148	23.93	3.20	$473
Jun 2001	184	223	24.56	3.82	$5,372
May 2001	0	32	25.52	4.31	$138
Apr 2001	182	272	24.68	5.34	$5,943
Mar 2001	186	295	24.54	5.38	$6,150
Feb 2001	0	189	27.75	5.77	$1,090
Jan 2001	171	199	27.47	8.40	$6,369
Dec 2000	0	240	26.88	9.12	$2,189
Nov 2000	165	268	32.21	5.66	$6,831
Oct 2000	0	282	31.23	5.15	$1,451
Sep 2000	178	254	31.87	5.19	$6,990
Aug 2000	177	270	29.64	4.54	$6,472
Jul 2000	114	273	28.53	4.09	$4,369
Jun 2000	9	268	29.30	4.40	$1,442
May 2000	94	282	27.26	3.68	$3,600
Apr 2000	180	324	24.51	3.12	$5,421
Mar 2000	172	320	28.42	2.86	$5,803
Feb 2000	0	324	27.62	2.73	$883
Jan 2000	341	376	25.27	2.48	$9,550
Dec 1999	0	327	24.28	2.42	$793
Nov 1999	132	253	23.19	2.43	$3,677
Oct 1999	156	258	20.98	2.80	$3,996
Sep 1999	178	238	21.75	2.62	$4,495
Aug 1999	152	259	19.26	2.88	$3,672
Jul 1999	193	302	17.89	2.37	$4,169
Jun 1999	146	306	15.94	2.36	$3,050
May 1999	75	342	15.79	2.32	$1,978
Apr 1999	127	315	15.10	2.21	$2,613
Mar 1999	169	278	12.47	1.84	$2,618
Feb 1999	178	287	9.98	1.82	$2,298
Jan 1999	0	16	10.38	1.90	$30
Dec 1998	349	123	9.20	1.77	$3,429
Nov 1998	174	181	10.89	2.19	$2,290
Oct 1998	350	293	12.42	1.97	$4,924
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	155	0	11.30	1.91	$1,752
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	178	27	11.24	2.24	$2,061
May 1998	114	42	12.62	2.21	$1,531
Apr 1998	354	94	13.04	2.51	$4,852
Mar 1998	106	87	12.80	2.31	$1,558
Feb 1998	143	90	13.95	2.30	$2,202
Jan 1998	318	143	14.70	2.15	$4,983
Dec 1997	184	279	16.32	2.41	$3,676
Nov 1997	183	307	18.19	3.09	$4,277
Oct 1997	356	448	19.25	3.15	$8,264
Sep 1997	175	336	17.74	2.95	$4,097
Aug 1997	178	410	17.86	2.55	$4,227
Jul 1997	533	461	17.58	2.25	$10,406
Jun 1997	0	270	17.24	2.26	$609
May 1997	140	279	18.97	2.31	$3,300
Apr 1997	0	80	17.88	2.08	$167

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.

Sep 2009 — as filed, then multipliedworked

Oil                   66 bbl  × $ 65.54 =     $4,326
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                   $4,326

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/35485 is the state's own key, not one this site invented.