UNIVERSITY

Operated by FIVESTONES ENERGY LLC (P-5 271567) in the GOLDSMITH (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38040District 08Field 35652062Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.6 M
Nov 2006 – Oct 2022
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
192
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 255 leases and 3,904 wells, and the rule below applies to all of them.

Discovered
1946-03-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2006-10-10.

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.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

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
OilDisposition32,510 bbl$2,349,444
Casinghead gasProduction56,770 Mcf$294,515
Total$2,643,959

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 32.1013, -102.7605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10130, -102.76054 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,150 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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.
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 8,150 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-0033333418,150 ftMar 2022Yes

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 (192)

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

192 months

Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221620108.885.08$17,639
Feb 20220091.054.86$0
Jan 2022169081.844.54$13,831
Dec 2021180071.323.90$12,838
Nov 2021169077.435.24$13,086
Oct 2021170079.795.71$13,564
Sep 2021175069.865.35$12,226
Aug 2021172066.024.22$11,355
Jul 2021171070.783.98$12,103
Jun 20210069.493.38$0
May 2021164063.483.02$10,411
Apr 2021175060.362.76$10,563
Mar 2021180061.302.72$11,034
Feb 20210057.805.55$0
Jan 2021176050.412.81$8,872
Dec 2020187044.642.68$8,348
Nov 2020172038.772.71$6,668
Oct 2020178036.972.48$6,581
Sep 2020172037.091.99$6,379
Aug 2020179039.982.39$7,156
Jul 2020175338.371.83$6,720
Jun 2020180534.901.69$6,290
May 202001316.921.81$24
Apr 20200614.751.80$11
Mar 2020178030.341.86$5,401
Feb 2020182049.881.98$9,078
Jan 202015329857.252.09$9,383
Dec 2019168559.012.30$9,925
Nov 2019170055.302.75$9,401
Oct 2019166253.472.42$8,881
Sep 2019015355.052.66$407
Aug 201916115453.112.30$8,906
Jul 201917026156.272.46$10,208
Jun 201916031152.782.49$9,220
May 201916430258.482.74$10,418
Apr 201916025262.632.75$10,714
Mar 201933911356.803.06$19,601
Feb 2019180050.852.79$9,153
Jan 20190046.033.23$0
Dec 20181618446.594.19$7,853
Nov 20181732952.934.24$9,280
Oct 201817113061.443.40$10,948
Sep 201817410559.543.11$10,686
Aug 2018013659.403.07$417
Jul 20181743165.142.93$11,425
Jun 201803060.183.08$92
May 20181775065.382.90$11,717
Apr 201818014063.842.90$11,897
Mar 201816919861.222.79$10,898
Feb 2018013461.782.77$371
Jan 201817314762.874.01$11,466
Dec 201718124157.272.92$11,070
Nov 201717126255.423.12$10,294
Oct 201716622749.292.98$8,859
Sep 201716912547.523.09$8,417
Aug 2017010245.373.00$306
Jul 201717625843.873.09$8,518
Jun 201717114942.493.09$7,726
May 201717823945.373.26$8,856
Apr 201708347.933.21$267
Mar 201717110546.772.98$8,311
Feb 201718021950.452.95$9,728
Jan 201718416049.413.42$9,638
Dec 2016014548.763.72$540
Nov 201617422642.492.64$7,991
Oct 201617821146.193.09$8,874
Sep 20161786741.553.10$7,604
Aug 201604941.442.92$143
Jul 2016179641.622.92$7,468
Jun 20160145.352.69$3
May 201617117842.521.99$7,625
Apr 201617716536.561.99$6,800
Mar 201617919033.011.79$6,250
Feb 201617123726.472.06$5,015
Jan 201618015327.352.36$5,285
Dec 201518123932.362.00$6,336
Nov 2015014638.792.17$316
Oct 20151784143.552.43$7,851
Sep 20151741942.992.76$7,533
Aug 20151771240.162.87$7,143
Jul 20151731248.152.95$8,365
Jun 20151797956.152.88$10,279
May 201505155.212.96$151
Apr 2015180849.822.71$8,989
Mar 2015180042.892.93$7,720
Feb 20150644.662.98$18
Jan 20151802343.433.10$7,889
Dec 2014181054.693.59$9,899
Nov 201416510870.464.25$12,085
Oct 2014014178.303.90$550
Sep 20141785586.164.05$15,559
Aug 2014318189.394.04$28,430
Jul 20140096.564.18$0
Jun 2014165098.164.74$16,196
May 2014171894.734.73$16,237
Apr 2014168395.944.81$16,132
Mar 20141663295.895.06$16,080
Feb 201402197.406.19$130
Jan 201417226890.404.86$16,851
Dec 201316735891.824.35$16,893
Nov 201317234888.853.74$16,583
Oct 201317235997.423.78$18,113
Sep 2013166350104.113.72$18,583
Aug 2013178369104.253.52$19,856
Jul 20130343102.523.72$1,275
Jun 201318031094.403.93$18,211
May 201317927194.834.15$18,099
Apr 201317935893.964.28$18,352
Mar 201318140693.623.91$18,534
Feb 2013036891.233.42$1,259
Jan 201318141491.603.42$17,995
Dec 201218236586.773.42$17,041
Nov 201218340586.953.62$17,380
Oct 201218142089.383.40$17,606
Sep 201217735494.672.92$17,790
Aug 201217935192.662.91$17,607
Jul 2012029485.133.02$888
Jun 201217833779.822.52$15,057
May 2012035091.612.49$871
Apr 2012176200101.652.00$18,290
Mar 20120270105.052.22$600
Feb 2012175563101.102.57$19,140
Jan 201218160198.092.73$19,397
Dec 201118261196.873.24$19,610
Nov 201118158795.723.31$19,269
Oct 201118161784.983.65$17,633
Sep 201117960183.623.99$17,363
Aug 201118064983.404.15$17,705
Jul 201117962894.144.52$19,688
Jun 201118061692.904.64$19,580
May 201117862598.134.40$20,220
Apr 2011181565105.964.33$21,627
Mar 201118153696.364.06$19,616
Feb 201118141985.644.18$17,252
Jan 201118366186.504.59$18,863
Dec 201018074385.734.35$18,662
Nov 201017871480.843.80$17,099
Oct 201018058778.103.51$16,118
Sep 201018173972.633.98$16,087
Aug 201034869173.684.42$28,694
Jul 201017868972.554.74$16,177
Jun 201018165670.364.91$15,956
May 201034057371.124.24$26,608
Apr 201018226381.694.12$15,952
Mar 201018265378.394.39$17,133
Feb 201036654773.585.44$29,907
Jan 201018655774.365.96$17,153
Dec 200918248771.445.48$15,673
Nov 200918277474.593.75$16,479
Oct 200918173372.544.11$16,143
Sep 200936280765.543.06$26,199
Aug 200935873367.423.22$26,496
Jul 200917983561.133.46$13,835
Jun 200935975066.163.90$26,673
May 200917788754.743.93$13,171
Apr 200936179046.773.59$19,718
Mar 200934940742.144.06$16,359
Feb 200936572732.814.63$15,344
Jan 200918295835.865.37$11,672
Dec 200836799337.105.98$19,551
Nov 200835690255.496.86$25,942
Oct 200853997375.246.92$47,289
Sep 2008181400101.767.88$21,569
Aug 20083571,128114.228.48$50,345
Jul 20085411,091131.0811.39$83,340
Jun 20083571,037131.3313.03$60,400
May 20085351,158123.1711.57$79,299
Apr 20083591,152110.3110.45$51,645
Mar 20085341,159101.909.66$65,615
Feb 20087111,20592.538.77$76,357
Jan 20085401,26290.388.21$59,161
Dec 20078801,00388.337.30$85,054
Nov 200736646791.677.29$36,956
Oct 2007015382.856.92$1,059
Sep 200716916075.846.24$13,816
Aug 2007021669.066.39$1,380
Jul 2007026070.906.39$1,661
Jun 2007322262.007.55$1,862
May 200717114958.747.85$11,214
Apr 2007020059.617.81$1,561
Mar 2007024556.927.30$1,789
Feb 2007024255.108.22$1,988
Jan 200715526850.306.73$9,599
Dec 2006027056.656.92$1,868
Nov 200610811354.207.62$6,714

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.

Mar 2022 — as filed, then multipliedworked
Oil                  162 bbl  × $108.88 =    $17,639
Casinghead gas         0 Mcf  × $  5.08 =         $0

────────────────────────────────────────────────────
Month total                                  $17,639

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/38040 is the state's own key, not one this site invented.