UNIVERSITY "40B"

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

Oil lease lease 36444District 08Field 59419664Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.2 M
Nov 2000 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
307
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 36 leases and 620 wells, and the rule below applies to all of them.

Discovered
1955-05-08
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition46,832 bbl$2,161,581
Casinghead gasProduction12,490 Mcf$66,232
Total$2,227,813

Wells on this lease (2)

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 32.3938, -102.4437. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.39382, -102.44367 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
5,517 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 5,101 and 5,933 ft, median 5,517 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2000 – Jan 2001
2 of 2 wells

2 wells

42-0033871245,101 ftJan 2001
42-0033867835,933 ftOct 2000

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 (307)

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

307 months

May 202600106.413.05$0
Apr 202660098.932.87$5,936
Mar 202664089.753.15$5,744
Feb 20260063.503.75$0
Jan 202647059.138.00$2,779
Dec 202553056.664.41$3,003
Nov 202540058.593.93$2,344
Oct 202540059.383.30$2,375
Sep 202535062.743.08$2,196
Aug 202546063.933.01$2,941
Jul 20250066.743.32$0
Jun 202534066.483.13$2,260
May 202533060.553.23$1,998
Apr 202530062.363.54$1,871
Mar 202539067.704.27$2,640
Feb 20250070.884.34$0
Jan 202558074.324.28$4,311
Dec 2024141068.993.12$9,728
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202487069.612.36$6,056
Aug 202490075.632.06$6,807
Jul 202490079.932.15$7,194
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202489084.451.66$7,516
Mar 202488080.301.55$7,066
Feb 202485076.091.78$6,468
Jan 202488073.023.30$6,426
Dec 20230071.262.61$0
Nov 202393077.892.81$7,244
Oct 2023102085.443.09$8,715
Sep 2023109089.042.74$9,705
Aug 20230080.522.67$0
Jul 2023117074.852.64$8,757
Jun 2023107068.962.26$7,379
May 20230070.622.23$0
Apr 2023100078.122.24$7,812
Mar 20230072.852.39$0
Feb 202387075.112.47$6,535
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202285085.005.65$7,225
Oct 202293087.185.86$8,108
Sep 20220084.888.16$0
Aug 202281094.529.13$7,656
Jul 2022720101.587.54$7,314
Jun 202200115.097.98$0
May 2022600109.378.43$6,562
Apr 2022590104.226.84$6,149
Mar 202200108.885.08$0
Feb 202268091.054.86$6,191
Jan 20220081.844.54$0
Dec 202195071.323.90$6,775
Nov 2021105077.435.24$8,130
Oct 20210079.795.71$0
Sep 2021110069.865.35$7,685
Aug 2021109066.024.22$7,196
Jul 202198070.783.98$6,936
Jun 20210069.493.38$0
May 202184063.483.02$5,332
Apr 202183060.362.76$5,010
Mar 202181061.302.72$4,965
Feb 202179057.805.55$4,566
Jan 202175050.412.81$3,781
Dec 20200044.642.68$0
Nov 202078038.772.71$3,024
Oct 20200036.972.48$0
Sep 202090037.091.99$3,338
Aug 2020112039.982.39$4,478
Jul 2020109038.371.83$4,182
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020108014.751.80$1,593
Mar 2020122030.341.86$3,701
Feb 2020101049.881.98$5,038
Jan 20200057.252.09$0
Dec 2019115059.012.30$6,786
Nov 2019106055.302.75$5,862
Oct 201983053.472.42$4,438
Sep 201989055.052.66$4,899
Aug 20190053.112.30$0
Jul 201982056.272.46$4,614
Jun 201975052.782.49$3,959
May 201976058.482.74$4,444
Apr 20190062.632.75$0
Mar 201973056.803.06$4,146
Feb 201973050.852.79$3,712
Jan 201975046.033.23$3,452
Dec 201877046.594.19$3,587
Nov 20180052.934.24$0
Oct 201870061.443.40$4,301
Sep 20180059.543.11$0
Aug 201871059.403.07$4,217
Jul 201874065.142.93$4,820
Jun 201870060.183.08$4,213
May 201864065.382.90$4,184
Apr 20180063.842.90$0
Mar 201872061.222.79$4,408
Feb 201869061.782.77$4,263
Jan 201869962.874.01$4,374
Dec 201701557.272.92$44
Nov 2017741755.423.12$4,154
Oct 201773949.292.98$3,625
Sep 201769547.523.09$3,294
Aug 20170145.373.00$3
Jul 201771043.873.09$3,115
Jun 201773042.493.09$3,102
May 201777745.373.26$3,516
Apr 201783047.933.21$3,978
Mar 201789046.772.98$4,163
Feb 201798050.452.95$4,944
Jan 20170049.413.42$0
Dec 2016169048.763.72$8,240
Nov 20160042.492.64$0
Oct 201699046.193.09$4,573
Sep 2016114041.553.10$4,737
Aug 2016116841.442.92$4,830
Jul 2016230041.622.92$9,573
Jun 20160945.352.69$24
May 201691042.521.99$3,869
Apr 201676036.561.99$2,779
Mar 201664033.011.79$2,113
Feb 201673726.472.06$1,947
Jan 2016761227.352.36$2,107
Dec 201597032.362.00$3,139
Nov 2015761738.792.17$2,985
Oct 201574043.552.43$3,223
Sep 2015751242.992.76$3,257
Aug 2015751340.162.87$3,049
Jul 201577948.152.95$3,734
Jun 20151551256.152.88$8,738
May 201501655.212.96$47
Apr 2015881449.822.71$4,422
Mar 20151341542.892.93$5,791
Feb 2015611544.662.98$2,769
Jan 2015761043.433.10$3,332
Dec 2014761854.693.59$4,221
Nov 2014751970.464.25$5,365
Oct 201402878.303.90$109
Sep 2014722386.164.05$6,297
Aug 20141381789.394.04$12,404
Jul 201467696.564.18$6,495
Jun 201470098.164.74$6,871
May 2014661294.734.73$6,309
Apr 2014672295.944.81$6,534
Mar 201468795.895.06$6,556
Feb 201468697.406.19$6,660
Jan 2014145490.404.86$13,127
Dec 2013801391.824.35$7,402
Nov 2013801988.853.74$7,179
Oct 2013762497.423.78$7,495
Sep 20135211104.113.72$5,455
Aug 201311710104.253.52$12,232
Jul 20136425102.523.72$6,654
Jun 2013652094.403.93$6,215
May 2013692594.834.15$6,647
Apr 2013761993.964.28$7,222
Mar 2013812593.623.91$7,681
Feb 20131591491.233.42$14,553
Jan 2013941391.603.42$8,655
Dec 2012941186.773.42$8,194
Nov 2012761186.953.62$6,648
Oct 2012841889.383.40$7,569
Sep 20121391394.672.92$13,197
Aug 2012771592.662.91$7,178
Jul 20121671585.133.02$14,262
Jun 2012831179.822.52$6,653
May 20121802491.612.49$16,550
Apr 20128220101.652.00$8,375
Mar 201216519105.052.22$17,375
Feb 20128435101.102.57$8,582
Jan 2012754798.092.73$7,485
Dec 2011752996.873.24$7,359
Nov 2011169395.723.31$16,187
Oct 2011851684.983.65$7,282
Sep 2011821783.623.99$6,925
Aug 2011763183.404.15$6,467
Jul 20111571894.144.52$14,861
Jun 201101092.904.64$46
May 201173898.134.40$7,199
Apr 201118117105.964.33$19,252
Mar 2011891896.364.06$8,649
Feb 2011891285.644.18$7,672
Jan 2011179686.504.59$15,511
Dec 2010881085.734.35$7,588
Nov 20101661380.843.80$13,469
Oct 2010752478.103.51$5,942
Sep 20101631872.633.98$11,910
Aug 2010891373.684.42$6,615
Jul 2010191372.554.74$13,871
Jun 2010971270.364.91$6,884
May 20102921371.124.24$20,822
Apr 201002981.694.12$120
Mar 20101994278.394.39$15,784
Feb 201003773.585.44$201
Jan 20102963574.365.96$22,219
Dec 200903771.445.48$203
Nov 20092062374.593.75$15,452
Oct 2009110572.544.11$8,000
Sep 20091923765.543.06$12,697
Aug 2009945367.423.22$6,508
Jul 20091747161.133.46$10,883
Jun 2009836066.163.90$5,725
May 20091745554.743.93$9,741
Apr 20091684546.773.59$8,019
Mar 20091745342.144.06$7,547
Feb 20091754432.814.63$5,946
Jan 20091765335.865.37$6,596
Dec 20081174437.105.98$4,604
Nov 20081683955.496.86$9,590
Oct 200806075.246.92$415
Sep 200814946101.767.88$15,525
Aug 200814729114.228.48$17,036
Jul 20080118131.0811.39$1,344
Jun 200813148131.3313.03$17,830
May 20082264123.1711.57$27,883
Apr 200802110.3110.45$21
Mar 2008953101.909.66$9,709
Feb 2008661192.538.77$6,203
Jan 2008572090.388.21$5,316
Dec 2007534088.337.30$4,974
Nov 2007524791.677.29$5,110
Oct 2007516182.856.92$4,648
Sep 200705775.846.24$356
Aug 2007596269.066.39$4,471
Jul 20071146070.906.39$8,466
Jun 2007613762.007.55$4,061
May 2007613058.747.85$3,819
Apr 200702759.617.81$211
Mar 2007863356.927.30$5,136
Feb 20071014455.108.22$5,927
Jan 20071143050.306.73$5,936
Dec 20061271156.656.92$7,271
Nov 20061364354.207.62$7,699
Oct 20061373654.906.01$7,738
Sep 20061395960.085.04$8,648
Aug 20061346368.717.34$9,670
Jul 20062726269.376.34$19,262
Jun 20061427366.286.38$9,878
May 20061467966.016.42$10,145
Apr 20061637764.397.36$11,062
Mar 20061747756.707.08$10,411
Feb 20061526157.597.75$9,227
Jan 20062614660.598.93$16,225
Dec 20051112654.9413.42$6,447
Nov 2005973754.6910.59$5,697
Oct 20052245458.3413.80$13,813
Sep 20051065461.4512.08$7,166
Aug 20051896361.519.80$12,243
Jul 2005866355.697.84$5,283
Jun 2005744752.337.38$4,219
May 2005844745.226.65$4,111
Apr 20051803249.207.36$9,092
Mar 2005974050.377.15$5,172
Feb 20051143145.226.31$5,351
Jan 20051226043.166.32$5,645
Dec 20042242839.866.75$9,118
Nov 20041164745.286.33$5,550
Oct 200424811949.706.52$13,101
Sep 200410310343.245.28$4,998
Aug 200425910642.375.55$11,562
Jul 200425112438.286.08$10,363
Jun 200423712236.106.43$9,341
May 200412612837.486.49$5,554
Apr 200422311734.475.86$8,372
Mar 20041129934.365.53$4,396
Feb 20042066432.455.51$7,037
Jan 20042087632.036.30$7,141
Dec 20032385530.266.30$7,548
Nov 20031535228.804.60$4,645
Oct 200330611528.174.76$9,167
Sep 200326516326.314.75$7,746
Aug 200324012429.765.13$7,778
Jul 200325412629.415.17$8,122
Jun 200330010528.565.98$9,196
May 200328717326.595.97$8,665
Apr 200332214626.675.41$9,377
Mar 200343012931.146.10$14,177
Feb 200327610933.487.93$10,104
Jan 200331911530.315.58$10,311
Dec 20024969226.914.85$13,794
Nov 200234112224.664.14$8,914
Oct 200231819226.464.23$9,226
Sep 200245320127.443.64$13,161
Aug 200228221825.963.16$8,011
Jul 200245923324.583.06$11,996
Jun 200245025623.733.34$11,533
May 200242225524.663.58$11,320
Apr 200255521123.653.51$13,867
Mar 200251217222.003.10$11,798
Feb 200254912318.222.38$10,295
Jan 200259614517.172.38$10,578
Dec 200177415116.932.36$13,461
Nov 200172916618.072.41$13,572
Oct 200152121819.782.53$10,857
Sep 200158322424.262.25$14,648
Aug 200157223524.873.05$14,943
Jul 200186029923.933.20$21,536
Jun 200185525424.563.82$21,970
May 20017641925.524.31$19,579
Apr 20011,02228224.685.34$26,728
Mar 20011,19112824.545.38$29,915
Feb 20011,23336427.755.77$36,315
Jan 20011,22433027.478.40$36,395
Dec 20002,28561826.889.12$67,059
Nov 20001,34542332.215.66$45,716

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                   60 bbl  × $ 98.93 =     $5,936
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $5,936

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/36444 is the state's own key, not one this site invented.