UNIVERSITY 11-23-C-

Operated by BURLESON PETROLEUM, INC. (P-5 109255) in the EMBAR (PERMIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38690District 08Field 28843666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Aug 2008 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
214
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 40 leases and 358 wells, and the rule below applies to all of them.

Discovered
1942-10-21
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 2014-04-22.

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: THERE IS NO MAXIMUM DIAGONAL.

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
OilDisposition14,002 bbl$975,644
Casinghead gasProduction44,338 Mcf$159,105
Total$1,134,748

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 32.1399, -102.7537. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13985, -102.75375 · 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
0.0%
0 of 1 wells
Median depth
no depth filed
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.
1100.0%

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.

Completions filed
Apr 1982
1 of 1 wells

1 well

42-003030791Apr 1982

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 (214)

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

214 months

May 2026750106.413.05$7,981
Apr 202670098.932.87$6,925
Mar 202673089.753.15$6,552
Feb 202679063.503.75$5,017
Jan 202677059.138.00$4,553
Dec 202570056.664.41$3,966
Nov 202581058.593.93$4,746
Oct 202576059.383.30$4,513
Sep 202577062.743.08$4,831
Aug 202581063.933.01$5,178
Jul 202579066.743.32$5,272
Jun 202568066.483.13$4,521
May 202577060.553.23$4,662
Apr 202585062.363.54$5,301
Mar 202575067.704.27$5,078
Feb 202572070.884.34$5,103
Jan 202575074.324.28$5,574
Dec 202481068.993.12$5,588
Nov 202459069.052.20$4,074
Oct 202481071.372.28$5,781
Sep 202475069.612.36$5,221
Aug 202483075.632.06$6,277
Jul 202470079.932.15$5,595
Jun 202466078.082.63$5,153
May 202481078.812.20$6,384
Apr 202483084.451.66$7,009
Mar 202478080.301.55$6,263
Feb 202462076.091.78$4,718
Jan 202489073.023.30$6,499
Dec 202376071.262.61$5,416
Nov 202378077.892.81$6,075
Oct 202375085.443.09$6,408
Sep 2023762189.042.74$6,824
Aug 2023754880.522.67$6,167
Jul 2023832674.852.64$6,281
Jun 2023673268.962.26$4,693
May 2023100070.622.23$7,062
Apr 202358378.122.24$4,538
Mar 202370072.852.39$5,100
Feb 202380075.112.47$6,009
Jan 202389076.533.39$6,811
Dec 202266076.415.73$5,043
Nov 202281085.005.65$6,885
Oct 202265087.185.86$5,667
Sep 202268084.888.16$5,772
Aug 202296094.529.13$9,074
Jul 2022800101.587.54$8,126
Jun 20226541115.097.98$7,808
May 2022860109.378.43$9,406
Apr 2022660104.226.84$6,879
Mar 2022800108.885.08$8,710
Feb 202264091.054.86$5,827
Jan 202298081.844.54$8,020
Dec 202162071.323.90$4,422
Nov 202178077.435.24$6,040
Oct 202173079.795.71$5,825
Sep 2021835369.865.35$6,082
Aug 20217312966.024.22$5,364
Jul 2021768170.783.98$5,702
Jun 20217212969.493.38$5,439
May 2021826763.483.02$5,408
Apr 2021716560.362.76$4,465
Mar 2021715261.302.72$4,494
Feb 20217313057.805.55$4,941
Jan 20218328350.412.81$4,979
Dec 20208228344.642.68$4,418
Nov 20207126438.772.71$3,467
Oct 20208233236.972.48$3,854
Sep 20207031137.091.99$3,216
Aug 20207924339.982.39$3,738
Jul 20208115538.371.83$3,391
Jun 20207333634.901.69$3,116
May 202001516.921.81$27
Apr 20204011814.751.80$803
Mar 20207322530.341.86$2,632
Feb 202085049.881.98$4,240
Jan 202074057.252.09$4,237
Dec 201980059.012.30$4,721
Nov 201968055.302.75$3,760
Oct 201967053.472.42$3,582
Sep 20197813555.052.66$4,653
Aug 20198041053.112.30$5,194
Jul 20197828956.272.46$5,100
Jun 20197323352.782.49$4,433
May 20198534258.482.74$5,908
Apr 20197532262.632.75$5,583
Mar 20197823456.803.06$5,147
Feb 20196717850.852.79$3,904
Jan 20198919746.033.23$4,733
Dec 20186837246.594.19$4,725
Nov 2018830952.934.24$1,733
Oct 20186642461.443.40$5,496
Sep 20186531259.543.11$4,840
Aug 20187941259.403.07$5,956
Jul 20187842765.142.93$6,333
Jun 20187433660.183.08$5,487
May 20187425265.382.90$5,569
Apr 20188038063.842.90$6,210
Mar 20188143261.222.79$6,163
Feb 20185634161.782.77$4,403
Jan 20186740762.874.01$5,844
Dec 20175145157.272.92$4,238
Nov 20177237855.423.12$5,169
Oct 20177839749.292.98$5,029
Sep 20177428747.523.09$4,403
Aug 20178218745.373.00$4,282
Jul 20177923143.873.09$4,179
Jun 20175921442.493.09$3,168
May 20176541345.373.26$4,297
Apr 20179441547.933.21$5,838
Mar 20178740846.772.98$5,286
Feb 20173432350.452.95$2,669
Jan 20176034149.413.42$4,130
Dec 20161433048.763.72$1,911
Nov 20165531442.492.64$3,167
Oct 20162828846.193.09$2,183
Sep 20165428441.553.10$3,124
Aug 20162628741.442.92$1,917
Jul 20162832741.622.92$2,122
Jun 20165336545.352.69$3,384
May 20167940842.521.99$4,171
Apr 20162632236.561.99$1,592
Mar 20165535033.011.79$2,443
Feb 20162536626.472.06$1,417
Jan 20165133027.352.36$2,175
Dec 20157632332.362.00$3,106
Nov 20152528138.792.17$1,579
Oct 2015019543.552.43$473
Sep 2015252442.992.76$1,141
Aug 201553040.162.87$2,128
Jul 201526048.152.95$1,252
Jun 201552056.152.88$2,920
May 201527055.212.96$1,491
Apr 201579049.822.71$3,936
Mar 201527042.892.93$1,158
Feb 201551044.662.98$2,278
Jan 201574043.433.10$3,214
Dec 201452054.693.59$2,844
Nov 201454070.464.25$3,805
Oct 201476078.303.90$5,951
Sep 2014276486.164.05$2,585
Aug 20147613189.394.04$7,322
Jul 2014503196.564.18$4,958
Jun 20145015098.164.74$5,619
May 20145428194.734.73$6,444
Apr 20147824595.944.81$8,662
Mar 20142522395.895.06$3,525
Feb 2014853697.406.19$8,502
Jan 20145729390.404.86$6,577
Dec 20135639491.824.35$6,858
Nov 20135434688.853.74$6,091
Oct 20135839697.423.78$7,147
Sep 201355321104.113.72$6,919
Aug 201328369104.253.52$4,219
Jul 201385411102.523.72$10,242
Jun 20132630594.403.93$3,654
May 20135428094.834.15$6,283
Apr 20137838093.964.28$8,956
Mar 20135334193.623.91$6,296
Feb 20135234891.233.42$5,934
Jan 20135437791.603.42$6,236
Dec 20128137286.773.42$8,301
Nov 20125438786.953.62$6,098
Oct 20125540189.383.40$6,279
Sep 20125338194.672.92$6,129
Aug 20127637992.662.91$8,144
Jul 20125335985.133.02$5,596
Jun 20125136779.822.52$4,995
May 20127936491.612.49$8,143
Apr 201252345101.652.00$5,975
Mar 201253399105.052.22$6,454
Feb 201253353101.102.57$6,266
Jan 20128038098.092.73$8,886
Dec 20115537696.873.24$6,546
Nov 20117538295.723.31$8,444
Oct 20115040184.983.65$5,712
Sep 20117537883.623.99$7,778
Aug 20117839583.404.15$8,144
Jul 20112640094.144.52$4,255
Jun 20117838992.904.64$9,051
May 20115338598.134.40$6,897
Apr 201153249105.964.33$6,695
Mar 20117635596.364.06$8,764
Feb 20115233585.644.18$5,854
Jan 20117840886.504.59$8,619
Dec 20107740485.734.35$8,358
Nov 20105247780.843.80$6,014
Oct 20107439878.103.51$7,176
Sep 20105134972.633.98$5,093
Aug 20107539373.684.42$7,263
Jul 20105042072.554.74$5,617
Jun 20107634770.364.91$7,051
May 20105036371.124.24$5,093
Apr 20107736081.694.12$7,774
Mar 20105236178.394.39$5,661
Feb 20108036273.585.44$7,857
Jan 20105337374.365.96$6,166
Dec 200910736171.445.48$9,624
Nov 20092741974.593.75$3,586
Oct 20097737672.544.11$7,131
Sep 20095339565.543.06$4,684
Aug 20097931667.423.22$6,343
Jul 20095436961.133.46$4,579
Jun 20095136666.163.90$4,800
May 20098138654.743.93$5,949
Apr 20095432946.773.59$3,706
Mar 20097319942.144.06$3,884
Feb 20095334532.814.63$3,337
Jan 20095543235.865.37$4,293
Dec 20087741737.105.98$5,349
Nov 200810637555.496.86$8,455
Oct 20085340575.246.92$6,791
Sep 200852242101.767.88$7,198
Aug 200852312114.228.48$8,586

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                   75 bbl  × $106.41 =     $7,981
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $7,981

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/38690 is the state's own key, not one this site invented.