UNIVERSITY "B"

Operated by GRAMA OPERATING, LLC (P-5 324437) in the SHAFTER LAKE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38671District 08Field 82570500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.3 M
Jan 2008 – May 2026
Value, last 12 filed months
$184 k
at the published price for each month
Months reported
221
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 194 leases and 1,113 wells, and the rule below applies to all of them.

Discovered
1953-04-01
as the register files it
Field class
Oil
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 2014-01-07.

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: DIAGONAL LIMITATION, TOP ALLOWABLE ADJUSTED.

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
OilDisposition55,243 bbl$4,231,541
Casinghead gasProduction11,889 Mcf$65,811
Total$4,297,351

Wells on this lease (2)

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 32.4120, -102.6794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.41199, -102.67944 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
4,779 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
2100.0%

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

Between 4,775 and 4,782 ft, median 4,779 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2008 – May 2008
2 of 2 wells

2 wells

42-0034045516224,782 ftMay 2008
42-0034034216214,775 ftJan 2008

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 (221)

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

221 months

May 20262720106.413.05$28,944
Apr 2026346098.932.87$34,230
Mar 2026164089.753.15$14,719
Feb 20260063.503.75$0
Jan 2026165059.138.00$9,756
Dec 2025186056.664.41$10,539
Nov 2025181058.593.93$10,605
Oct 2025165059.383.30$9,798
Sep 2025328062.743.08$20,579
Aug 2025172063.933.01$10,996
Jul 2025171066.743.32$11,413
Jun 2025341066.483.13$22,670
May 2025176060.553.23$10,657
Apr 2025362062.363.54$22,574
Mar 2025175067.704.27$11,848
Feb 2025176070.884.34$12,475
Jan 2025544074.324.28$40,430
Dec 20240068.993.12$0
Nov 2024320069.052.20$22,096
Oct 2024165071.372.28$11,776
Sep 2024163069.612.36$11,346
Aug 2024314075.632.06$23,748
Jul 2024335079.932.15$26,777
Jun 2024323078.082.63$25,220
May 20240078.812.20$0
Apr 2024324084.451.66$27,362
Mar 2024158080.301.55$12,687
Feb 2024339076.091.78$25,795
Jan 2024335073.023.30$24,462
Dec 2023173071.262.61$12,328
Nov 20230077.892.81$0
Oct 2023312085.443.09$26,657
Sep 2023161089.042.74$14,335
Aug 2023158080.522.67$12,722
Jul 2023169074.852.64$12,650
Jun 2023158068.962.26$10,896
May 2023163070.622.23$11,511
Apr 2023329078.122.24$25,701
Mar 2023324072.852.39$23,603
Feb 20230075.112.47$0
Jan 2023320076.533.39$24,490
Dec 2022158076.415.73$12,073
Nov 2022160085.005.65$13,600
Oct 2022334087.185.86$29,118
Sep 2022159084.888.16$13,496
Aug 2022167094.529.13$15,785
Jul 20223210101.587.54$32,607
Jun 20221650115.097.98$18,990
May 20223320109.378.43$36,311
Apr 20224750104.226.84$49,505
Mar 20221710108.885.08$18,618
Feb 2022164091.054.86$14,932
Jan 2022164081.844.54$13,422
Dec 2021503071.323.90$35,874
Nov 2021321077.435.24$24,855
Oct 2021643079.795.71$51,305
Sep 2021476069.865.35$33,253
Aug 2021174066.024.22$11,487
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021156063.483.02$9,903
Apr 20210060.362.76$0
Mar 2021155061.302.72$9,502
Feb 2021160057.805.55$9,248
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020165038.772.71$6,397
Oct 2020167036.972.48$6,174
Sep 2020161037.091.99$5,971
Aug 2020313039.982.39$12,514
Jul 20200038.371.83$0
Jun 2020312034.901.69$10,889
May 20200016.921.81$0
Apr 2020320014.751.80$4,720
Mar 2020158030.341.86$4,794
Feb 2020159049.881.98$7,931
Jan 2020162057.252.09$9,275
Dec 2019317059.012.30$18,706
Nov 20190055.302.75$0
Oct 2019322053.472.42$17,217
Sep 2019157055.052.66$8,643
Aug 2019152053.112.30$8,073
Jul 2019152056.272.46$8,553
Jun 20190052.782.49$0
May 2019161058.482.74$9,415
Apr 2019157062.632.75$9,833
Mar 20190056.803.06$0
Feb 2019161050.852.79$8,187
Jan 2019171046.033.23$7,871
Dec 2018154046.594.19$7,175
Nov 2018164052.934.24$8,681
Oct 2018165061.443.40$10,138
Sep 20180059.543.11$0
Aug 2018323059.403.07$19,186
Jul 2018155065.142.93$10,097
Jun 2018158060.183.08$9,508
May 20180065.382.90$0
Apr 2018158063.842.90$10,087
Mar 2018157061.222.79$9,612
Feb 2018187061.782.77$11,553
Jan 2018158062.874.01$9,933
Dec 2017168057.272.92$9,621
Nov 2017158055.423.12$8,756
Oct 2017160049.292.98$7,886
Sep 2017323047.523.09$15,349
Aug 20170045.373.00$0
Jul 2017314043.873.09$13,775
Jun 2017160042.493.09$6,798
May 2017160045.373.26$7,259
Apr 2017157047.933.21$7,525
Mar 2017166046.772.98$7,764
Feb 2017160050.452.95$8,072
Jan 2017315049.413.42$15,564
Dec 2016320048.763.72$15,603
Nov 2016165042.492.64$7,011
Oct 2016327046.193.09$15,104
Sep 2016161041.553.10$6,690
Aug 20160041.442.92$0
Jul 2016159041.622.92$6,618
Jun 2016156045.352.69$7,075
May 2016164042.521.99$6,973
Apr 20160036.561.99$0
Mar 2016327033.011.79$10,794
Feb 2016317026.472.06$8,391
Jan 2016160027.352.36$4,376
Dec 2015158032.362.00$5,113
Nov 2015169038.792.17$6,556
Oct 2015317043.552.43$13,805
Sep 2015163042.992.76$7,007
Aug 20150040.162.87$0
Jul 2015166048.152.95$7,993
Jun 2015161056.152.88$9,040
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015163044.662.98$7,280
Jan 2015310043.433.10$13,463
Dec 2014167054.693.59$9,133
Nov 20140070.464.25$0
Oct 2014165078.303.90$12,920
Sep 2014162086.164.05$13,958
Aug 2014161089.394.04$14,392
Jul 2014166096.564.18$16,029
Jun 2014169098.164.74$16,589
May 2014164094.734.73$15,536
Apr 2014164095.944.81$15,734
Mar 20141701095.895.06$16,352
Feb 201416111897.406.19$16,412
Jan 20141639390.404.86$15,187
Dec 2013010791.824.35$466
Nov 201333924788.853.74$31,044
Oct 201316547497.423.78$17,866
Sep 2013170123104.113.72$18,156
Aug 2013167164104.253.52$17,987
Jul 2013343131102.523.72$35,651
Jun 2013011994.403.93$468
May 201333911094.834.15$32,604
Apr 20131709493.964.28$16,376
Mar 201316815693.623.91$16,339
Feb 201334111291.233.42$31,492
Jan 20131728191.603.42$16,032
Dec 201216815186.773.42$15,094
Nov 20121728886.953.62$15,274
Oct 201217216889.383.40$15,945
Sep 201234012494.672.92$32,550
Aug 2012014892.662.91$430
Jul 201234512985.133.02$29,760
Jun 201216711679.822.52$13,622
May 201217313391.612.49$16,179
Apr 2012337144101.652.00$34,544
Mar 2012167122105.052.22$17,814
Feb 201234392101.102.57$34,914
Jan 201217116798.092.73$17,230
Dec 201132912196.873.24$32,262
Nov 201117415395.723.31$17,162
Oct 201133016284.983.65$28,634
Sep 20113419283.623.99$28,881
Aug 201133810183.404.15$28,608
Jul 201134415194.144.52$33,066
Jun 201135219192.904.64$33,587
May 2011175098.134.40$17,173
Apr 201100105.964.33$0
Mar 2011168096.364.06$16,188
Feb 2011158085.644.18$13,531
Jan 2011172086.504.59$14,878
Dec 201031614785.734.35$27,730
Nov 20103181080.843.80$25,745
Oct 20101613578.103.51$12,697
Sep 201032712572.633.98$24,247
Aug 201033721973.684.42$25,798
Jul 201034415272.554.74$25,677
Jun 201033117270.364.91$24,134
May 20103229871.124.24$23,316
Apr 201032435981.694.12$27,948
Mar 201051416778.394.39$41,025
Feb 201034712873.585.44$26,229
Jan 20103319574.365.96$25,180
Dec 200951210771.445.48$37,164
Nov 200917620974.593.75$13,912
Oct 20093697472.544.11$27,071
Sep 200935718665.543.06$23,968
Aug 200935023367.423.22$24,347
Jul 200954622561.133.46$34,156
Jun 200935223366.163.90$24,196
May 200936918854.743.93$20,937
Apr 200952023446.773.59$25,160
Mar 200949922942.144.06$21,957
Feb 200952222532.814.63$18,169
Jan 200952417635.865.37$19,736
Dec 200852414737.105.98$20,319
Nov 200870218455.496.86$40,216
Oct 200835327675.246.92$28,470
Sep 2008897152101.767.88$92,476
Aug 2008736377114.228.48$87,264
Jul 2008915478131.0811.39$125,382
Jun 20081,036491131.3313.03$142,457
May 20081,636626123.1711.57$208,752
Apr 2008758360110.3110.45$87,379
Mar 20081,09580101.909.66$112,354
Feb 20081,839092.538.77$170,163
Jan 2008187090.388.21$16,901

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.

May 2026 — as filed, then multipliedworked
Oil                  272 bbl  × $106.41 =    $28,944
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $28,944

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/38671 is the state's own key, not one this site invented.