UNIVERSITY 22-18

Name: UNIVERSITY 22-18 lease production and value, Apr 2006 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 37949District 08Field 73927333OilCasinghead gasSave Export

Value, all time

$2.7 M

Apr 2006 – Oct 2018

Value, last 12 filed months

at the published price for each month

Months reported

151

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	18,707 bbl	$1,343,472
Casinghead gas	Production	230,218 Mcf	$1,359,179
Total			$2,702,651

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 31.6021, -103.2639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60212, -103.26392 · 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

5,413 ft

1 wells filed one

Completion to plug

12.3 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 5,413 ft.

Completions filed

Apr 2006

1 of 1 wells

Plug dates filed

Jul 2018

1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47534940	3A	5,413 ft	Apr 2006	Jul 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 (151)

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

151 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	0	0	57.27	2.92	$0
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	181	202	45.37	3.00	$8,819
Jul 2017	0	544	43.87	3.09	$1,679
Jun 2017	171	252	42.49	3.09	$8,044
May 2017	162	287	45.37	3.26	$8,287
Apr 2017	0	581	47.93	3.21	$1,866
Mar 2017	0	199	46.77	2.98	$594
Feb 2017	164	427	50.45	2.95	$9,535
Jan 2017	0	440	49.41	3.42	$1,504
Dec 2016	168	435	48.76	3.72	$9,811
Nov 2016	164	343	42.49	2.64	$7,875
Oct 2016	0	606	46.19	3.09	$1,873
Sep 2016	169	658	41.55	3.10	$9,062
Aug 2016	167	634	41.44	2.92	$8,775
Jul 2016	0	327	41.62	2.92	$956
Jun 2016	166	338	45.35	2.69	$8,436
May 2016	170	492	42.52	1.99	$8,208
Apr 2016	0	494	36.56	1.99	$984
Mar 2016	180	553	33.01	1.79	$6,934
Feb 2016	0	389	26.47	2.06	$803
Jan 2016	168	626	27.35	2.36	$6,075
Dec 2015	168	472	32.36	2.00	$6,381
Nov 2015	0	414	38.79	2.17	$897
Oct 2015	167	465	43.55	2.43	$8,401
Sep 2015	0	192	42.99	2.76	$530
Aug 2015	163	220	40.16	2.87	$7,178
Jul 2015	158	88	48.15	2.95	$7,867
Jun 2015	0	209	56.15	2.88	$603
May 2015	176	247	55.21	2.96	$10,447
Apr 2015	168	578	49.82	2.71	$9,934
Mar 2015	0	585	42.89	2.93	$1,717
Feb 2015	173	607	44.66	2.98	$9,533
Jan 2015	167	458	43.43	3.10	$8,673
Dec 2014	0	754	54.69	3.59	$2,708
Nov 2014	169	735	70.46	4.25	$15,033
Oct 2014	162	738	78.30	3.90	$15,564
Sep 2014	160	709	86.16	4.05	$16,654
Aug 2014	167	751	89.39	4.04	$17,959
Jul 2014	0	748	96.56	4.18	$3,126
Jun 2014	175	720	98.16	4.74	$20,589
May 2014	185	810	94.73	4.73	$21,354
Apr 2014	0	882	95.94	4.81	$4,242
Mar 2014	188	889	95.89	5.06	$22,523
Feb 2014	0	839	97.40	6.19	$5,195
Jan 2014	165	946	90.40	4.86	$19,514
Dec 2013	192	995	91.82	4.35	$21,962
Nov 2013	190	903	88.85	3.74	$20,257
Oct 2013	0	949	97.42	3.78	$3,587
Sep 2013	191	815	104.11	3.72	$22,915
Aug 2013	173	907	104.25	3.52	$21,230
Jul 2013	0	633	102.52	3.72	$2,353
Jun 2013	165	805	94.40	3.93	$18,742
May 2013	170	990	94.83	4.15	$20,229
Apr 2013	173	881	93.96	4.28	$20,028
Mar 2013	0	881	93.62	3.91	$3,447
Feb 2013	162	805	91.23	3.42	$17,532
Jan 2013	0	765	91.60	3.42	$2,616
Dec 2012	175	885	86.77	3.42	$18,212
Nov 2012	170	510	86.95	3.62	$16,630
Oct 2012	0	8	89.38	3.40	$27
Sep 2012	0	24	94.67	2.92	$70
Aug 2012	0	30	92.66	2.91	$87
Jul 2012	0	746	85.13	3.02	$2,254
Jun 2012	171	588	79.82	2.52	$15,130
May 2012	0	999	91.61	2.49	$2,486
Apr 2012	166	1,029	101.65	2.00	$18,929
Mar 2012	0	638	105.05	2.22	$1,418
Feb 2012	178	1,054	101.10	2.57	$20,705
Jan 2012	176	1,001	98.09	2.73	$20,001
Dec 2011	181	1,045	96.87	3.24	$20,919
Nov 2011	0	917	95.72	3.31	$3,036
Oct 2011	174	1,102	84.98	3.65	$18,807
Sep 2011	161	900	83.62	3.99	$17,050
Aug 2011	168	1,162	83.40	4.15	$18,833
Jul 2011	0	905	94.14	4.52	$4,088
Jun 2011	177	973	92.90	4.64	$20,958
May 2011	168	1,155	98.13	4.40	$21,573
Apr 2011	174	1,001	105.96	4.33	$22,775
Mar 2011	166	1,078	96.36	4.06	$20,370
Feb 2011	0	967	85.64	4.18	$4,042
Jan 2011	167	1,267	86.50	4.59	$20,259
Dec 2010	0	1,243	85.73	4.35	$5,404
Nov 2010	172	1,089	80.84	3.80	$18,038
Oct 2010	170	1,294	78.10	3.51	$17,818
Sep 2010	178	783	72.63	3.98	$16,044
Aug 2010	0	936	73.68	4.42	$4,137
Jul 2010	177	1,127	72.55	4.74	$18,179
Jun 2010	0	1,066	70.36	4.91	$5,234
May 2010	170	1,306	71.12	4.24	$17,622
Apr 2010	164	1,271	81.69	4.12	$18,637
Mar 2010	167	1,389	78.39	4.39	$19,187
Feb 2010	169	1,279	73.58	5.44	$19,396
Jan 2010	0	1,456	74.36	5.96	$8,684
Dec 2009	173	1,590	71.44	5.48	$21,078
Nov 2009	168	1,276	74.59	3.75	$17,318
Oct 2009	165	1,519	72.54	4.11	$18,213
Sep 2009	0	4,682	65.54	3.06	$14,349
Aug 2009	163	1,666	67.42	3.22	$16,351
Jul 2009	0	960	61.13	3.46	$3,326
Jun 2009	170	1,926	66.16	3.90	$18,749
May 2009	169	1,726	54.74	3.93	$16,027
Apr 2009	169	2,106	46.77	3.59	$15,459
Mar 2009	169	2,344	42.14	4.06	$16,636
Feb 2009	0	2,173	32.81	4.63	$10,068
Jan 2009	172	2,334	35.86	5.37	$18,704
Dec 2008	170	2,525	37.10	5.98	$21,399
Nov 2008	174	2,329	55.49	6.86	$25,633
Oct 2008	159	2,465	75.24	6.92	$29,026
Sep 2008	166	856	101.76	7.88	$23,635
Aug 2008	0	2,347	114.22	8.48	$19,910
Jul 2008	167	2,503	131.08	11.39	$50,398
Jun 2008	163	2,464	131.33	13.03	$53,519
May 2008	167	2,688	123.17	11.57	$51,681
Apr 2008	167	2,101	110.31	10.45	$40,387
Mar 2008	0	2,925	101.90	9.66	$28,267
Feb 2008	187	2,828	92.53	8.77	$42,106
Jan 2008	166	3,201	90.38	8.21	$41,270
Dec 2007	187	3,307	88.33	7.30	$40,665
Nov 2007	170	3,306	91.67	7.29	$39,690
Oct 2007	169	3,591	82.85	6.92	$38,858
Sep 2007	170	3,538	75.84	6.24	$34,985
Aug 2007	164	3,603	69.06	6.39	$34,342
Jul 2007	167	3,525	70.90	6.39	$34,358
Jun 2007	173	3,365	62.00	7.55	$36,127
May 2007	168	3,933	58.74	7.85	$40,728
Apr 2007	171	3,315	59.61	7.81	$36,068
Mar 2007	333	4,153	56.92	7.30	$49,279
Feb 2007	169	3,635	55.10	8.22	$39,177
Jan 2007	169	4,942	50.30	6.73	$41,745
Dec 2006	171	5,102	56.65	6.92	$44,985
Nov 2006	331	5,868	54.20	7.62	$62,640
Oct 2006	338	6,750	54.90	6.01	$59,149
Sep 2006	339	6,816	60.08	5.04	$54,701
Aug 2006	339	7,314	68.71	7.34	$76,977
Jul 2006	338	8,764	69.37	6.34	$79,035
Jun 2006	507	9,858	66.28	6.38	$96,536
May 2006	834	12,643	66.01	6.42	$136,284
Apr 2006	0	1,921	64.39	7.36	$14,139

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 2017 — as filed, then multipliedworked

Oil                  181 bbl  × $ 45.37 =     $8,212
Casinghead gas       202 Mcf  × $  3.00 =       $607

────────────────────────────────────────────────────
Month total                                   $8,819

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/37949 is the state's own key, not one this site invented.