UNIVERSITY 11-18

Name: UNIVERSITY 11-18 lease production and value, Dec 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by E.G.L. RESOURCES, INC. (P-5 238522) in the QUITO, E. (BELL CANYON 5275) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37758District 08Field 73927333OilCasinghead gasSave Export

Value, all time

$1.6 M

Dec 2005 – Oct 2018

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

155

no gaps in the span

Streams

oil, casinghead gas

The QUITO, E. (BELL CANYON 5275) 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 17 leases and 18 wells, and the rule below applies to all of them.

Discovered

1964-10-22

as the register files it

Field class

Oil and gas

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 80 acres. The field rule took effect on 2003-08-05.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 09/01/2001.”

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	13,834 bbl	$1,045,022
Casinghead gas	Production	86,765 Mcf	$577,708
Total			$1,622,730

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 31.6035, -103.2601. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60349, -103.26005 · 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

5,418 ft

1 wells filed one

Completion to plug

12.8 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 5,418 ft.

Completions filed

Nov 2005

1 of 1 wells

Plug dates filed

Aug 2018

1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47534942	3A	5,418 ft	Nov 2005	Aug 2018	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 (155)

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

155 months


Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	170	0	57.27	2.92	$9,736
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	1	42.49	2.64	$3
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	3	41.44	2.92	$9
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	2	42.52	1.99	$4
Apr 2016	0	2	36.56	1.99	$4
Mar 2016	0	5	33.01	1.79	$9
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	11	32.36	2.00	$22
Nov 2015	0	10	38.79	2.17	$22
Oct 2015	0	202	43.55	2.43	$490
Sep 2015	170	74	42.99	2.76	$7,512
Aug 2015	0	103	40.16	2.87	$296
Jul 2015	168	18	48.15	2.95	$8,142
Jun 2015	0	58	56.15	2.88	$167
May 2015	0	168	55.21	2.96	$497
Apr 2015	159	350	49.82	2.71	$8,869
Mar 2015	0	345	42.89	2.93	$1,012
Feb 2015	169	333	44.66	2.98	$8,539
Jan 2015	0	237	43.43	3.10	$735
Dec 2014	170	383	54.69	3.59	$10,673
Nov 2014	0	374	70.46	4.25	$1,590
Oct 2014	164	392	78.30	3.90	$14,370
Sep 2014	0	373	86.16	4.05	$1,509
Aug 2014	165	381	89.39	4.04	$16,287
Jul 2014	0	394	96.56	4.18	$1,647
Jun 2014	0	373	98.16	4.74	$1,767
May 2014	179	413	94.73	4.73	$18,909
Apr 2014	0	402	95.94	4.81	$1,933
Mar 2014	182	425	95.89	5.06	$19,601
Feb 2014	0	424	97.40	6.19	$2,625
Jan 2014	188	456	90.40	4.86	$19,212
Dec 2013	0	492	91.82	4.35	$2,142
Nov 2013	191	530	88.85	3.74	$18,952
Oct 2013	180	659	97.42	3.78	$20,026
Sep 2013	0	126	104.11	3.72	$468
Aug 2013	0	76	104.25	3.52	$268
Jul 2013	167	163	102.52	3.72	$17,727
Jun 2013	0	252	94.40	3.93	$991
May 2013	0	338	94.83	4.15	$1,402
Apr 2013	161	276	93.96	4.28	$16,310
Mar 2013	0	290	93.62	3.91	$1,135
Feb 2013	172	198	91.23	3.42	$16,369
Jan 2013	0	231	91.60	3.42	$790
Dec 2012	0	307	86.77	3.42	$1,050
Nov 2012	171	278	86.95	3.62	$15,876
Oct 2012	0	259	89.38	3.40	$881
Sep 2012	170	332	94.67	2.92	$17,063
Aug 2012	0	319	92.66	2.91	$928
Jul 2012	166	360	85.13	3.02	$15,219
Jun 2012	0	324	79.82	2.52	$816
May 2012	170	310	91.61	2.49	$16,345
Apr 2012	0	352	101.65	2.00	$703
Mar 2012	0	266	105.05	2.22	$591
Feb 2012	177	316	101.10	2.57	$18,707
Jan 2012	179	396	98.09	2.73	$18,641
Dec 2011	0	422	96.87	3.24	$1,367
Nov 2011	175	471	95.72	3.31	$18,311
Oct 2011	0	502	84.98	3.65	$1,832
Sep 2011	173	405	83.62	3.99	$16,081
Aug 2011	169	559	83.40	4.15	$16,414
Jul 2011	167	544	94.14	4.52	$18,179
Jun 2011	0	493	92.90	4.64	$2,287
May 2011	174	552	98.13	4.40	$19,506
Apr 2011	170	497	105.96	4.33	$20,167
Mar 2011	168	525	96.36	4.06	$18,319
Feb 2011	169	500	85.64	4.18	$16,563
Jan 2011	179	647	86.50	4.59	$18,452
Dec 2010	167	560	85.73	4.35	$16,752
Nov 2010	169	256	80.84	3.80	$14,634
Oct 2010	171	481	78.10	3.51	$15,043
Sep 2010	179	289	72.63	3.98	$14,151
Aug 2010	0	252	73.68	4.42	$1,114
Jul 2010	191	382	72.55	4.74	$15,666
Jun 2010	161	378	70.36	4.91	$13,184
May 2010	189	448	71.12	4.24	$15,339
Apr 2010	163	424	81.69	4.12	$15,063
Mar 2010	168	486	78.39	4.39	$15,302
Feb 2010	174	441	73.58	5.44	$15,203
Jan 2010	168	463	74.36	5.96	$15,254
Dec 2009	164	519	71.44	5.48	$14,562
Nov 2009	169	488	74.59	3.75	$14,436
Oct 2009	174	485	72.54	4.11	$14,615
Sep 2009	329	603	65.54	3.06	$23,411
Aug 2009	164	341	67.42	3.22	$12,154
Jul 2009	0	325	61.13	3.46	$1,126
Jun 2009	165	633	66.16	3.90	$13,382
May 2009	328	408	54.74	3.93	$19,556
Apr 2009	168	378	46.77	3.59	$9,213
Mar 2009	168	435	42.14	4.06	$8,845
Feb 2009	171	570	32.81	4.63	$8,251
Jan 2009	170	781	35.86	5.37	$10,291
Dec 2008	194	892	37.10	5.98	$12,529
Nov 2008	168	990	55.49	6.86	$16,114
Oct 2008	336	1,311	75.24	6.92	$34,355
Sep 2008	0	1	101.76	7.88	$8
Aug 2008	0	276	114.22	8.48	$2,341
Jul 2008	168	239	131.08	11.39	$24,744
Jun 2008	0	329	131.33	13.03	$4,288
May 2008	173	521	123.17	11.57	$27,339
Apr 2008	0	486	110.31	10.45	$5,081
Mar 2008	183	763	101.90	9.66	$26,021
Feb 2008	170	802	92.53	8.77	$22,764
Jan 2008	176	906	90.38	8.21	$23,341
Dec 2007	0	930	88.33	7.30	$6,791
Nov 2007	345	864	91.67	7.29	$37,926
Oct 2007	0	942	82.85	6.92	$6,521
Sep 2007	168	997	75.84	6.24	$18,967
Aug 2007	166	821	69.06	6.39	$16,708
Jul 2007	166	934	70.90	6.39	$17,736
Jun 2007	0	937	62.00	7.55	$7,073
May 2007	179	1,148	58.74	7.85	$19,522
Apr 2007	169	1,054	59.61	7.81	$18,301
Mar 2007	166	1,166	56.92	7.30	$17,963
Feb 2007	167	1,089	55.10	8.22	$18,149
Jan 2007	0	1,311	50.30	6.73	$8,819
Dec 2006	164	1,390	56.65	6.92	$18,907
Nov 2006	163	1,390	54.20	7.62	$19,423
Oct 2006	0	1,628	54.90	6.01	$9,790
Sep 2006	168	1,805	60.08	5.04	$19,186
Aug 2006	169	1,781	68.71	7.34	$24,684
Jul 2006	167	2,431	69.37	6.34	$27,004
Jun 2006	167	3,534	66.28	6.38	$33,629
May 2006	0	1,979	66.01	6.42	$12,715
Apr 2006	170	2,532	64.39	7.36	$29,583
Mar 2006	0	2,866	56.70	7.08	$20,300
Feb 2006	170	2,999	57.59	7.75	$33,036
Jan 2006	0	4,100	60.59	8.93	$36,627
Dec 2005	0	7,516	54.94	13.42	$100,830

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 2017 — as filed, then multipliedworked

Oil                  170 bbl  × $ 57.27 =     $9,736
Casinghead gas         0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $9,736

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/37758 is the state's own key, not one this site invented.