UNIVERSITY 38 A

Operated by SANDRIDGE EXPL. AND PROD., LLC (P-5 748011) in the SHAFTER LAKE (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37026District 08Field 82570700OilCasinghead gasSaveExport
Value, all time
$82 k
Jan 2003 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
141
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 136 leases and 215 wells, and the rule below applies to all of them.

Discovered
1952-03-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: 9/30/97

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
OilDisposition1,052 bbl$79,128
Casinghead gasProduction444 Mcf$3,268
Total$82,396

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 32.3411, -102.7175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.34114, -102.71749 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,260 ft
2 wells filed one
Completion to plug
23.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 3,260 and 3,260 ft, median 3,260 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1988
2 of 2 wells
Plug dates filed
Feb 2012 – Mar 2012
2 of 2 wells

Last completion to plug: a median of 23.3 years across the 2 wells that filed both dates, with the middle half between 23.3 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0033612443,260 ftNov 1988Mar 2012Yes
42-0033612623,260 ftNov 1988Feb 2012Yes

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 (141)

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

141 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110196.873.24$3
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011137083.623.99$11,456
Aug 20110083.404.15$0
Jul 20110194.144.52$5
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011176085.644.18$15,073
Jan 201102186.504.59$96
Dec 201001785.734.35$74
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201034073.684.42$2,505
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200986054.743.93$4,708
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008770131.0811.39$10,093
Jun 200803131.3313.03$39
May 2008012123.1711.57$139
Apr 2008021110.3110.45$220
Mar 2008026101.909.66$251
Feb 2008793692.538.77$7,626
Jan 200801590.388.21$123
Dec 200702888.337.30$204
Nov 200701191.677.29$80
Oct 20070082.856.92$0
Sep 200784675.846.24$6,408
Aug 20070969.066.39$57
Jul 20070970.906.39$57
Jun 20070862.007.55$60
May 20072052158.747.85$12,206
Apr 200701459.617.81$109
Mar 200705956.927.30$431
Feb 200736055.108.22$1,984
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200601754.207.62$130
Oct 200601054.906.01$60
Sep 20060560.085.04$25
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006642966.286.38$4,427
May 20060866.016.42$51
Apr 200601164.397.36$81
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200574045.226.65$3,346
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200402938.286.08$176
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200401034.475.86$59
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030728.804.60$32
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0

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.

Dec 2011 — as filed, then multipliedworked
Oil                    0 bbl  × $ 96.87 =         $0
Casinghead gas         1 Mcf  × $  3.24 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/37026 is the state's own key, not one this site invented.