UNIVERSITY 44-20

Operated by RED WILLOW PRODUCTION, LLC (P-5 697104) in the WAR-WINK, W. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38187District 08Field 95130900OilCasinghead gasSaveExport
Value, all time
$2.5 M
Mar 2007 – Oct 2015
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
104
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 34 leases and 72 wells, and the rule below applies to all of them.

Discovered
1976-02-07
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 field rule took effect on 1998-05-15.

The Commission's schedule remark for this field reads: OPTIONAL 80 ACRES

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
OilDisposition28,280 bbl$2,288,939
Casinghead gasProduction27,960 Mcf$164,020
Total$2,452,959

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 31.6403, -103.3257. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.64030, -103.32568 · 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
100.0%
1 of 1 wells
Median depth
20,155 ft
1 wells filed one
Completion to plug
8.6 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 20,155 ft.

Completions filed
Feb 2007
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 8.6 years across the 1 well that filed both dates, with the middle half between 8.6 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-475330671RE20,155 ftFeb 2007Sep 2015Yes

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 (104)

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

104 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015170056.152.88$9,546
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201512144.662.98$107
Jan 201537310043.433.10$16,509
Dec 2014312354.693.59$606
Nov 2014213570.464.25$715
Oct 201434414978.303.90$27,516
Sep 2014014086.164.05$566
Aug 201451110489.394.04$46,098
Jul 201407496.564.18$309
Jun 201417698.164.74$458
May 20141959194.734.73$18,902
Apr 20141867795.944.81$18,215
Mar 201418210495.895.06$17,978
Feb 201437011897.406.19$36,769
Jan 201420014490.404.86$18,780
Dec 20132049491.824.35$19,141
Nov 20133011688.853.74$3,099
Oct 201306297.423.78$234
Sep 201319467104.113.72$20,446
Aug 2013379155104.253.52$40,057
Jul 2013392155102.523.72$40,764
Jun 201318215094.403.93$17,771
May 201316915594.834.15$16,669
Apr 201316719093.964.28$16,505
Mar 201319911893.623.91$19,092
Feb 201319511691.233.42$18,187
Jan 20131922191.603.42$17,659
Dec 2012010686.773.42$363
Nov 201237312786.953.62$32,893
Oct 201226311489.383.40$23,895
Sep 201218711694.672.92$18,042
Aug 201219012692.662.91$17,972
Jul 201217511885.133.02$15,254
Jun 201218611479.822.52$15,134
May 201217635591.612.49$17,007
Apr 2012190222101.652.00$19,757
Mar 20120157105.052.22$349
Feb 2012175244101.102.57$18,320
Jan 201235622098.092.73$35,522
Dec 201118120196.873.24$18,185
Nov 201117317395.723.31$17,132
Oct 20111764084.983.65$15,102
Sep 201117412983.623.99$15,064
Aug 201134318883.404.15$29,386
Jul 201117416294.144.52$17,112
Jun 201117127592.904.64$17,162
May 201117122298.134.40$17,758
Apr 2011179270105.964.33$20,137
Mar 201135424796.364.06$35,114
Feb 2011119685.644.18$905
Jan 201134922086.504.59$31,198
Dec 201017723585.734.35$16,196
Nov 201017524680.843.80$15,081
Oct 201035830078.103.51$29,012
Sep 201017722072.633.98$13,731
Aug 201035125173.684.42$26,971
Jul 201017327472.554.74$13,849
Jun 201016928670.364.91$13,295
May 201034335071.124.24$25,876
Apr 201017127681.694.12$15,107
Mar 201018432478.394.39$15,846
Feb 201036430073.585.44$28,416
Jan 201036333774.365.96$29,003
Dec 200918334671.445.48$14,971
Nov 200936735374.593.75$28,699
Oct 200919136472.544.11$15,351
Sep 200935825665.543.06$24,248
Aug 200938315467.423.22$26,318
Jul 200936134461.133.46$23,260
Jun 200953728466.163.90$36,634
May 200935243354.743.93$20,968
Apr 200934142446.773.59$17,470
Mar 200935247042.144.06$16,741
Feb 200972962632.814.63$26,819
Jan 200904935.865.37$263
Dec 200803637.105.98$215
Nov 200834311755.496.86$19,836
Oct 200836240675.246.92$30,047
Sep 2008364427101.767.88$40,404
Aug 2008368603114.228.48$47,148
Jul 2008703734131.0811.39$100,509
Jun 20081335131.3313.03$4,497
May 2008529368123.1711.57$69,416
Apr 20085482110.3110.45$60,471
Mar 2008364187101.909.66$38,899
Feb 200851044792.538.77$51,111
Jan 200855025890.388.21$51,826
Dec 200773977588.337.30$70,935
Nov 200738882891.677.29$41,605
Oct 200773261382.856.92$64,889
Sep 200760040975.846.24$48,058
Aug 200735152469.066.39$27,587
Jul 20077251,00370.906.39$57,810
Jun 20079231,09562.007.55$65,492
May 20071,3131,58058.747.85$89,523
Apr 20079581,40259.617.81$68,049
Mar 20071921,11256.927.30$19,048

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.

Jun 2015 — as filed, then multipliedworked
Oil                  170 bbl  × $ 56.15 =     $9,546
Casinghead gas         0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $9,546

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/38187 is the state's own key, not one this site invented.