STATE UNIVERSITY "W"

Name: STATE UNIVERSITY "W" lease production and value, Jan 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) in the MAGUTEX (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35971District 08Field 56822750OilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1999 – Oct 2016

Value, last 12 filed months

$83

at the published price for each month

Months reported

214

no gaps in the span

Streams

oil, casinghead gas

The MAGUTEX (STRAWN) 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 6 leases and 11 wells, and the rule below applies to all of them.

Discovered

1972-03-20

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	34,337 bbl	$1,382,177
Casinghead gas	Production	27,461 Mcf	$116,079
Total			$1,498,256

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 32.3934, -102.3666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39336, -102.36660 · 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

13,910 ft

1 wells filed one

Completion to plug

17.6 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 13,910 ft.

Completions filed

Jan 1999

1 of 1 wells

Plug dates filed

Aug 2016

1 of 1 wells

Last completion to plug: a median of 17.6 years across the 1 well that filed both dates, with the middle half between 17.6 years and 17.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00302557	1	13,910 ft	Jan 1999	Aug 2016	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 (214)

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

214 months


Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	2	0	41.44	2.92	$83
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	3	0	98.16	4.74	$294
May 2014	31	21	94.73	4.73	$3,036
Apr 2014	32	20	95.94	4.81	$3,166
Mar 2014	36	22	95.89	5.06	$3,563
Feb 2014	56	60	97.40	6.19	$5,826
Jan 2014	55	0	90.40	4.86	$4,972
Dec 2013	30	0	91.82	4.35	$2,755
Nov 2013	28	0	88.85	3.74	$2,488
Oct 2013	29	0	97.42	3.78	$2,825
Sep 2013	25	0	104.11	3.72	$2,603
Aug 2013	5	0	104.25	3.52	$521
Jul 2013	5	0	102.52	3.72	$513
Jun 2013	8	0	94.40	3.93	$755
May 2013	38	0	94.83	4.15	$3,604
Apr 2013	55	0	93.96	4.28	$5,168
Mar 2013	28	1	93.62	3.91	$2,625
Feb 2013	29	0	91.23	3.42	$2,646
Jan 2013	29	1	91.60	3.42	$2,660
Dec 2012	30	0	86.77	3.42	$2,603
Nov 2012	24	0	86.95	3.62	$2,087
Oct 2012	27	9	89.38	3.40	$2,444
Sep 2012	35	13	94.67	2.92	$3,351
Aug 2012	93	9	92.66	2.91	$8,644
Jul 2012	79	1	85.13	3.02	$6,728
Jun 2012	58	16	79.82	2.52	$4,670
May 2012	99	4	91.61	2.49	$9,079
Apr 2012	64	55	101.65	2.00	$6,615
Mar 2012	62	24	105.05	2.22	$6,566
Feb 2012	59	17	101.10	2.57	$6,009
Jan 2012	62	20	98.09	2.73	$6,136
Dec 2011	94	19	96.87	3.24	$9,167
Nov 2011	86	18	95.72	3.31	$8,292
Oct 2011	93	44	84.98	3.65	$8,064
Sep 2011	109	43	83.62	3.99	$9,286
Aug 2011	90	44	83.40	4.15	$7,689
Jul 2011	114	44	94.14	4.52	$10,931
Jun 2011	83	0	92.90	4.64	$7,711
May 2011	92	0	98.13	4.40	$9,028
Apr 2011	111	0	105.96	4.33	$11,762
Mar 2011	107	0	96.36	4.06	$10,311
Feb 2011	106	0	85.64	4.18	$9,078
Jan 2011	122	0	86.50	4.59	$10,553
Dec 2010	114	0	85.73	4.35	$9,773
Nov 2010	107	0	80.84	3.80	$8,650
Oct 2010	107	0	78.10	3.51	$8,357
Sep 2010	84	7	72.63	3.98	$6,129
Aug 2010	78	9	73.68	4.42	$5,787
Jul 2010	109	0	72.55	4.74	$7,908
Jun 2010	83	10	70.36	4.91	$5,889
May 2010	103	0	71.12	4.24	$7,325
Apr 2010	149	9	81.69	4.12	$12,209
Mar 2010	144	2	78.39	4.39	$11,297
Feb 2010	148	16	73.58	5.44	$10,977
Jan 2010	159	14	74.36	5.96	$11,907
Dec 2009	28	10	71.44	5.48	$2,055
Nov 2009	28	5	74.59	3.75	$2,107
Oct 2009	32	4	72.54	4.11	$2,338
Sep 2009	81	17	65.54	3.06	$5,361
Aug 2009	86	19	67.42	3.22	$5,859
Jul 2009	83	8	61.13	3.46	$5,102
Jun 2009	78	4	66.16	3.90	$5,176
May 2009	121	1	54.74	3.93	$6,627
Apr 2009	153	0	46.77	3.59	$7,156
Mar 2009	227	1	42.14	4.06	$9,570
Feb 2009	162	6	32.81	4.63	$5,343
Jan 2009	119	6	35.86	5.37	$4,300
Dec 2008	42	3	37.10	5.98	$1,576
Nov 2008	82	3	55.49	6.86	$4,571
Oct 2008	71	6	75.24	6.92	$5,384
Sep 2008	57	1	101.76	7.88	$5,808
Aug 2008	61	0	114.22	8.48	$6,967
Jul 2008	58	0	131.08	11.39	$7,603
Jun 2008	59	5	131.33	13.03	$7,814
May 2008	56	1	123.17	11.57	$6,909
Apr 2008	71	2	110.31	10.45	$7,853
Mar 2008	55	8	101.90	9.66	$5,682
Feb 2008	50	2	92.53	8.77	$4,644
Jan 2008	60	5	90.38	8.21	$5,464
Dec 2007	86	18	88.33	7.30	$7,728
Nov 2007	83	20	91.67	7.29	$7,754
Oct 2007	56	21	82.85	6.92	$4,785
Sep 2007	58	34	75.84	6.24	$4,611
Aug 2007	88	27	69.06	6.39	$6,250
Jul 2007	111	22	70.90	6.39	$8,010
Jun 2007	81	6	62.00	7.55	$5,067
May 2007	89	14	58.74	7.85	$5,338
Apr 2007	102	19	59.61	7.81	$6,229
Mar 2007	88	49	56.92	7.30	$5,367
Feb 2007	115	24	55.10	8.22	$6,534
Jan 2007	151	25	50.30	6.73	$7,763
Dec 2006	194	27	56.65	6.92	$11,177
Nov 2006	156	32	54.20	7.62	$8,699
Oct 2006	88	37	54.90	6.01	$5,054
Sep 2006	117	34	60.08	5.04	$7,201
Aug 2006	194	38	68.71	7.34	$13,609
Jul 2006	151	57	69.37	6.34	$10,836
Jun 2006	162	59	66.28	6.38	$11,114
May 2006	221	60	66.01	6.42	$14,974
Apr 2006	220	34	64.39	7.36	$14,416
Mar 2006	231	38	56.70	7.08	$13,367
Feb 2006	219	49	57.59	7.75	$12,992
Jan 2006	276	49	60.59	8.93	$17,161
Dec 2005	259	49	54.94	13.42	$14,887
Nov 2005	255	43	54.69	10.59	$14,401
Oct 2005	250	32	58.34	13.80	$15,026
Sep 2005	256	44	61.45	12.08	$16,263
Aug 2005	206	57	61.51	9.80	$13,229
Jul 2005	263	62	55.69	7.84	$15,133
Jun 2005	191	81	52.33	7.38	$10,593
May 2005	214	99	45.22	6.65	$10,336
Apr 2005	192	94	49.20	7.36	$10,138
Mar 2005	241	122	50.37	7.15	$13,012
Feb 2005	237	100	45.22	6.31	$11,348
Jan 2005	258	96	43.16	6.32	$11,742
Dec 2004	215	96	39.86	6.75	$9,218
Nov 2004	194	103	45.28	6.33	$9,436
Oct 2004	175	141	49.70	6.52	$9,616
Sep 2004	212	132	43.24	5.28	$9,864
Aug 2004	280	137	42.37	5.55	$12,624
Jul 2004	199	125	38.28	6.08	$8,378
Jun 2004	187	107	36.10	6.43	$7,439
May 2004	245	120	37.48	6.49	$9,962
Apr 2004	205	138	34.47	5.86	$7,875
Mar 2004	193	138	34.36	5.53	$7,395
Feb 2004	192	149	32.45	5.51	$7,051
Jan 2004	227	91	32.03	6.30	$7,844
Dec 2003	145	110	30.26	6.30	$5,081
Nov 2003	168	90	28.80	4.60	$5,252
Oct 2003	291	102	28.17	4.76	$8,683
Sep 2003	455	108	26.31	4.75	$12,484
Aug 2003	294	167	29.76	5.13	$9,606
Jul 2003	302	149	29.41	5.17	$9,652
Jun 2003	119	160	28.56	5.98	$4,356
May 2003	152	153	26.59	5.97	$4,956
Apr 2003	124	156	26.67	5.41	$4,151
Mar 2003	130	87	31.14	6.10	$4,579
Feb 2003	136	100	33.48	7.93	$5,346
Jan 2003	117	139	30.31	5.58	$4,322
Dec 2002	145	113	26.91	4.85	$4,450
Nov 2002	139	208	24.66	4.14	$4,288
Oct 2002	149	155	26.46	4.23	$4,598
Sep 2002	180	259	27.44	3.64	$5,881
Aug 2002	163	126	25.96	3.16	$4,630
Jul 2002	369	339	24.58	3.06	$10,108
Jun 2002	181	306	23.73	3.34	$5,317
May 2002	263	370	24.66	3.58	$7,812
Apr 2002	283	233	23.65	3.51	$7,511
Mar 2002	250	287	22.00	3.10	$6,390
Feb 2002	374	198	18.22	2.38	$7,285
Jan 2002	403	303	17.17	2.38	$7,639
Dec 2001	413	219	16.93	2.36	$7,510
Nov 2001	124	137	18.07	2.41	$2,570
Oct 2001	244	377	19.78	2.53	$5,780
Sep 2001	353	443	24.26	2.25	$9,561
Aug 2001	307	475	24.87	3.05	$9,085
Jul 2001	282	538	23.93	3.20	$8,468
Jun 2001	380	525	24.56	3.82	$11,340
May 2001	305	656	25.52	4.31	$10,609
Apr 2001	327	637	24.68	5.34	$11,469
Mar 2001	261	627	24.54	5.38	$9,776
Feb 2001	296	370	27.75	5.77	$10,348
Jan 2001	405	716	27.47	8.40	$17,139
Dec 2000	418	882	26.88	9.12	$19,282
Nov 2000	471	529	32.21	5.66	$18,164
Oct 2000	537	849	31.23	5.15	$21,139
Sep 2000	646	862	31.87	5.19	$25,059
Aug 2000	810	815	29.64	4.54	$27,709
Jul 2000	356	840	28.53	4.09	$13,592
Jun 2000	33	35	29.30	4.40	$1,121
May 2000	44	15	27.26	3.68	$1,255
Apr 2000	172	114	24.51	3.12	$4,571
Mar 2000	206	193	28.42	2.86	$6,406
Feb 2000	253	339	27.62	2.73	$7,912
Jan 2000	312	171	25.27	2.48	$8,308
Dec 1999	357	181	24.28	2.42	$9,107
Nov 1999	625	384	23.19	2.43	$15,428
Oct 1999	588	706	20.98	2.80	$14,316
Sep 1999	591	669	21.75	2.62	$14,606
Aug 1999	487	712	19.26	2.88	$11,427
Jul 1999	526	671	17.89	2.37	$11,002
Jun 1999	607	666	15.94	2.36	$11,249
May 1999	668	985	15.79	2.32	$12,834
Apr 1999	708	813	15.10	2.21	$12,486
Mar 1999	587	811	12.47	1.84	$8,811
Feb 1999	838	1,243	9.98	1.82	$10,623
Jan 1999	57	0	10.38	1.90	$592

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.

Aug 2016 — as filed, then multipliedworked

Oil                    2 bbl  × $ 41.44 =        $83
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                      $83

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/35971 is the state's own key, not one this site invented.