UNIVERSITY 8-2

Operated by OVINTIV USA INC. (P-5 628658) in the HUTEX (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38060District 08Field 43878800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.5 M
Dec 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 37 leases and 93 wells, and the rule below applies to all of them.

Discovered
1953-02-13
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 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
OilDisposition21,327 bbl$1,452,611
Casinghead gasProduction11,999 Mcf$38,138
Total$1,490,750

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 32.4076, -102.3169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40755, -102.31690 · 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 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
13,018 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
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 13,018 ft.

Completions filed
Dec 2006
1 of 1 wells
Plug dates filed
May 1997
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00338183213,018 ftDec 2006May 1997

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 (234)

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

234 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250274.324.28$9
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202313080.522.67$1,047
Jul 202332174.852.64$2,398
Jun 202332468.962.26$2,216
May 20230570.622.23$11
Apr 20236113678.122.24$5,070
Mar 20238318872.852.39$6,496
Feb 2023601375.112.47$4,539
Jan 202304276.533.39$142
Dec 2022596176.415.73$4,858
Nov 2022583585.005.65$5,128
Oct 2022621487.185.86$5,487
Sep 20220484.888.16$33
Aug 202269494.529.13$6,558
Jul 2022012101.587.54$91
Jun 20226244115.097.98$7,487
May 20228858109.378.43$10,114
Apr 2022242127104.226.84$26,090
Mar 202210559108.885.08$11,732
Feb 202202291.054.86$107
Jan 202202981.844.54$132
Dec 202102371.323.90$90
Nov 202101177.435.24$58
Oct 202102179.795.71$120
Sep 202190769.865.35$6,325
Aug 2021881166.024.22$5,856
Jul 2021151070.783.98$10,688
Jun 20210069.493.38$0
May 2021191163.483.02$12,128
Apr 2021108060.362.76$6,519
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021691850.412.81$3,529
Dec 2020686344.642.68$3,204
Nov 20201335438.772.71$5,303
Oct 2020836836.972.48$3,237
Sep 2020834537.091.99$3,168
Aug 2020978639.982.39$4,083
Jul 20201707038.371.83$6,651
Jun 20201734734.901.69$6,117
May 202005716.921.81$103
Apr 20202376314.751.80$3,609
Mar 20201183130.341.86$3,638
Feb 2020873049.881.98$4,399
Jan 20201885957.252.09$10,887
Dec 20191087159.012.30$6,537
Nov 2019015855.302.75$435
Oct 201915412453.472.42$8,534
Sep 2019916355.052.66$5,177
Aug 20191065753.112.30$5,761
Jul 2019993256.272.46$5,649
Jun 20191943052.782.49$10,314
May 20199911958.482.74$6,116
Apr 2019938962.632.75$6,069
Mar 2019887856.803.06$5,237
Feb 20191889450.852.79$9,822
Jan 20199312146.033.23$4,671
Dec 20189010146.594.19$4,616
Nov 2018897552.934.24$5,029
Oct 20181739661.443.40$10,955
Sep 2018591359.543.11$3,553
Aug 2018845259.403.07$5,149
Jul 20187511765.142.93$5,229
Jun 201813714660.183.08$8,694
May 20181748665.382.90$11,626
Apr 2018825963.842.90$5,406
Mar 20188115761.222.79$5,396
Feb 20181309761.782.77$8,300
Jan 20185812462.874.01$4,144
Dec 201712515657.272.92$7,615
Nov 20178717855.423.12$5,377
Oct 201716415749.292.98$8,552
Sep 20178218047.523.09$4,452
Aug 201717018745.373.00$8,275
Jul 20177917943.873.09$4,018
Jun 201716417442.493.09$7,506
May 20177818245.373.26$4,133
Apr 201715218747.933.21$7,886
Mar 20177819646.772.98$4,233
Feb 201714716850.452.95$7,912
Jan 20179317749.413.42$5,200
Dec 20168316448.763.72$4,658
Nov 201611016442.492.64$5,108
Oct 20165511346.193.09$2,890
Sep 201611117341.553.10$5,148
Aug 201613718641.442.92$6,221
Jul 20167517341.622.92$3,627
Jun 201610316945.352.69$5,125
May 20165715542.521.99$2,732
Apr 201610117536.561.99$4,041
Mar 201610215433.011.79$3,643
Feb 20165210426.472.06$1,591
Jan 201610213727.352.36$3,114
Dec 20157814032.362.00$2,804
Nov 20153114238.792.17$1,510
Oct 20156013143.552.43$2,931
Sep 20157618742.992.76$3,783
Aug 20156012040.162.87$2,754
Jul 20156210748.152.95$3,300
Jun 2015828856.152.88$4,858
May 20153010955.212.96$1,978
Apr 2015768849.822.71$4,025
Mar 20157210042.892.93$3,382
Feb 2015738844.662.98$3,522
Jan 2015579643.433.10$2,773
Dec 20146210054.693.59$3,750
Nov 2014628870.464.25$4,743
Oct 2014608178.303.90$5,014
Sep 2014768886.164.05$6,904
Aug 20141039889.394.04$9,603
Jul 2014466096.564.18$4,693
Jun 201479598.164.74$7,778
May 201446094.734.73$4,358
Apr 201461195.944.81$5,857
Mar 201460195.895.06$5,758
Feb 201451697.406.19$586
Jan 2014602990.404.86$5,565
Dec 2013433691.824.35$4,105
Nov 2013861688.853.74$7,701
Oct 201373397.423.78$7,123
Sep 20138730104.113.72$9,169
Aug 20137565104.253.52$8,048
Jul 20137570102.523.72$7,949
Jun 2013596294.403.93$5,813
May 2013875594.834.15$8,478
Apr 2013736293.964.28$7,125
Mar 2013596193.623.91$5,762
Feb 2013875591.233.42$8,125
Jan 2013584091.603.42$5,450
Dec 20129811386.773.42$8,890
Nov 20128715686.953.62$8,130
Oct 20128713389.383.40$8,228
Sep 20127213494.672.92$7,207
Aug 20127215392.662.91$7,116
Jul 201210015385.133.02$8,975
Jun 20127311479.822.52$6,114
May 201299091.612.49$9,069
Apr 2012720101.652.00$7,319
Mar 2012860105.052.22$9,034
Feb 2012840101.102.57$8,492
Jan 201274298.092.73$7,264
Dec 201195096.873.24$9,203
Nov 201185095.723.31$8,136
Oct 201193084.983.65$7,903
Sep 201190083.623.99$7,526
Aug 201185683.404.15$7,114
Jul 201182094.144.52$7,719
Jun 201182092.904.64$7,618
May 201170098.134.40$6,869
Apr 20111070105.964.33$11,338
Mar 201199096.364.06$9,540
Feb 201189085.644.18$7,622
Jan 201187086.504.59$7,526
Dec 2010118085.734.35$10,116
Nov 2010126080.843.80$10,186
Oct 2010126078.103.51$9,841
Sep 201088072.633.98$6,391
Aug 2010153073.684.42$11,273
Jul 20101142372.554.74$8,380
Jun 201074070.364.91$5,207
May 201012632571.124.24$10,338
Apr 2010113081.694.12$9,231
Mar 20100078.394.39$0
Feb 2010116073.585.44$8,535
Jan 2010132074.365.96$9,816
Dec 2009150871.445.48$10,760
Nov 200978074.593.75$5,818
Oct 2009121072.544.11$8,777
Sep 2009109965.543.06$7,171
Aug 20091481567.423.22$10,026
Jul 200994861.133.46$5,774
Jun 20091582566.163.90$10,551
May 20091292654.743.93$7,164
Apr 20091892746.773.59$8,936
Mar 200917420542.144.06$8,164
Feb 20091917432.814.63$6,610
Jan 2009336035.865.37$12,049
Dec 2008179037.105.98$6,641
Nov 2008177055.496.86$9,822
Oct 2008178075.246.92$13,393
Sep 20083800101.767.88$38,669
Aug 20081900114.228.48$21,702
Jul 20081890131.0811.39$24,774
Jun 200840131.3313.03$525
May 20081870123.1711.57$23,033
Apr 20083770110.3110.45$41,587
Mar 200800101.909.66$0
Feb 2008189092.538.77$17,488
Jan 2008186090.388.21$16,811
Dec 2007194088.337.30$17,136
Nov 2007196091.677.29$17,967
Oct 2007192082.856.92$15,907
Sep 2007193075.846.24$14,637
Aug 2007191069.066.39$13,190
Jul 2007361070.906.39$25,595
Jun 2007377062.007.55$23,374
May 2007187058.747.85$10,984
Apr 2007366059.617.81$21,817
Mar 2007363056.927.30$20,662
Feb 2007689055.108.22$37,964
Jan 20070050.306.73$0
Dec 20060056.656.92$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.

Jan 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 74.32 =         $0
Casinghead gas         2 Mcf  × $  4.28 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/38060 is the state's own key, not one this site invented.