CIMAREX UNIVERSITY '18-38'

Operated by CALLON PETROLEUM OPERATING CO (P-5 124828) in the TWO GEORGES (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38717District 08Field 92100050Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.9 M
Jan 2008 – Jun 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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 275 leases and 502 wells, and the rule below applies to all of them.

Discovered
1997-11-12
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 40 acres. The field rule took effect on 2023-03-28.

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: SIGNED 09/30/2025, EFFECTIVE 10/01/2025

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
OilDisposition349,811 bbl$28,213,117
Casinghead gasProduction555,362 Mcf$2,711,359
Total$30,924,476

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 31.5899, -103.3264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58987, -103.32644 · 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
11,374 ft
1 wells filed one
Completion to plug
12.9 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 11,374 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
Dec 2020
1 of 1 wells

Last completion to plug: a median of 12.9 years across the 1 well that filed both dates, with the middle half between 12.9 years and 12.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-475352812H11,374 ftJan 2008Dec 2020Yes

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 (162)

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

162 months

Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20203030.341.86$91
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201950055.302.75$2,765
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201956046.033.23$2,578
Dec 201852046.594.19$2,423
Nov 201878052.934.24$4,129
Oct 20181,125061.443.40$69,120
Sep 20181,03865959.543.11$63,851
Aug 20181,2122,40959.403.07$79,380
Jul 20181,15462865.142.93$77,013
Jun 20181,02041360.183.08$62,654
May 20181,10119365.382.90$72,543
Apr 20181,14298663.842.90$75,765
Mar 20181,2832,32061.222.79$85,011
Feb 20181,1832,11361.782.77$78,931
Jan 20181,08038962.874.01$69,459
Dec 20171,2631,09657.272.92$75,534
Nov 20171,2232,45155.423.12$75,422
Oct 20171,2612,52349.292.98$69,683
Sep 20171,2452,35447.523.09$66,430
Aug 20171,2865,53245.373.00$74,966
Jul 20171,3472,66643.873.09$67,324
Jun 20171,2562,34042.493.09$60,592
May 20171,3692,43645.373.26$70,061
Apr 20171,3522,38847.933.21$72,471
Mar 20171,4022,37646.772.98$72,661
Feb 20171,2742,11150.452.95$70,506
Jan 20171,1411,98149.413.42$63,149
Dec 20169291,50748.763.72$50,908
Nov 20161,4232,37642.492.64$66,746
Oct 20161,2082,31546.193.09$62,951
Sep 20161,3442,69341.553.10$64,193
Aug 20161,2332,14241.442.92$57,359
Jul 20161,3712,15241.622.92$63,354
Jun 20161,2812,02245.352.69$63,524
May 20161,4292,05742.521.99$64,857
Apr 20161,1822,04236.561.99$47,280
Mar 20161,3852,13733.011.79$49,553
Feb 20161,1491,83426.472.06$34,199
Jan 20161,1111,58027.352.36$34,122
Dec 20151,0151,45332.362.00$35,753
Nov 201556679238.792.17$23,672
Oct 20158851,30743.552.43$41,713
Sep 20151,3572,68542.992.76$65,744
Aug 20151,4911,55640.162.87$64,348
Jul 20151,4753,55648.152.95$81,494
Jun 20151,1993,01056.152.88$76,001
May 20151,4533,15355.212.96$89,539
Apr 20151,3142,60549.822.71$72,514
Mar 20151,4042,99642.892.93$69,010
Feb 20151,4532,67944.662.98$72,864
Jan 20151,5292,92743.433.10$75,480
Dec 20141,4743,07454.693.59$91,653
Nov 20141,1922,74070.464.25$95,638
Oct 20141,6853,11878.303.90$144,099
Sep 20141,4923,10486.164.05$141,108
Aug 20141,5343,31189.394.04$150,485
Jul 20141,4323,22296.564.18$151,741
Jun 20141,2112,71898.164.74$131,747
May 20141,1783,20394.734.73$126,731
Apr 20141,1543,14295.944.81$125,825
Mar 20141,9587,71395.895.06$226,756
Feb 20141,3487,23197.406.19$176,070
Jan 20141,7674,01090.404.86$179,228
Dec 20131,7273,78791.824.35$175,064
Nov 20131,8242,67388.853.74$172,055
Oct 20132,0633,65397.423.78$214,783
Sep 20131,7983,698104.113.72$200,938
Aug 20132,0743,741104.253.52$229,393
Jul 20132,0914,636102.523.72$231,605
Jun 20131,9544,50394.403.93$202,170
May 20132,1404,61494.834.15$222,080
Apr 20132,0683,85793.964.28$210,827
Mar 20132,3423,63793.623.91$233,489
Feb 20132,1993,99591.233.42$214,277
Jan 20132,1792,57691.603.42$208,406
Dec 20122,5403,56986.773.42$232,602
Nov 20122,3353,22386.953.62$214,712
Oct 20122,1013,00989.383.40$198,017
Sep 20122,5153,54194.672.92$248,429
Aug 20122,5143,89392.662.91$244,269
Jul 20123,0874,48785.133.02$276,351
Jun 20126361,17079.822.52$53,713
May 20122,8184,16991.612.49$268,531
Apr 20122,8224,249101.652.00$295,341
Mar 20122,4393,631105.052.22$264,285
Feb 20122,7634,076101.102.57$289,816
Jan 20123,2504,33098.092.73$330,631
Dec 20112,5813,58796.873.24$261,642
Nov 20113,0804,68995.723.31$310,344
Oct 20113,0954,46884.983.65$279,315
Sep 20111,0902,93983.623.99$102,860
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20111,4512,54898.134.40$153,610
Apr 20113,0705,578105.964.33$349,468
Mar 20113,3065,99296.364.06$342,878
Feb 20112,6374,50285.644.18$244,651
Jan 20113,2825,41986.504.59$308,760
Dec 20103,3345,31285.734.35$308,919
Nov 20103,3805,62480.843.80$294,584
Oct 20103,7166,42478.103.51$312,761
Sep 20103,7456,83772.633.98$299,207
Aug 20103,4176,08273.684.42$278,643
Jul 20103,8646,96472.554.74$313,318
Jun 20103,8327,11870.364.91$304,572
May 20104,1257,62971.124.24$325,680
Apr 20104,5479,44381.694.12$410,375
Mar 20105,28310,49878.394.39$460,207
Feb 20105,23111,03373.585.44$444,943
Jan 20106,65213,13674.365.96$572,987
Dec 20097,56812,75671.445.48$610,609
Nov 20098,47514,13474.593.75$685,174
Oct 20093,3173,87372.544.11$256,534
Sep 20092,0311,01865.543.06$136,232
Aug 20096,2049,06967.423.22$447,462
Jul 20098,44120,28961.133.46$586,290
Jun 20096,44310,31566.163.90$466,446
May 20092,5052,82654.743.93$148,218
Apr 20092,7752,94346.773.59$140,345
Mar 20095,3246,52242.144.06$250,826
Feb 20094,0504,43132.814.63$153,409
Jan 20092,5742,79035.865.37$107,289
Dec 20083,2263,27537.105.98$139,260
Nov 20081,17286855.496.86$70,989
Oct 20086,3638,43475.246.92$537,132
Sep 20087,7558,372101.767.88$855,096
Aug 20088,1969,366114.228.48$1,015,599
Jul 20086,4638,162131.0811.39$940,131
Jun 20087,1488,729131.3313.03$1,052,509
May 200811,14111,411123.1711.57$1,504,311
Apr 200812,09812,575110.3110.45$1,466,000
Mar 200812,29513,996101.909.66$1,388,119
Feb 20088,48010,66592.538.77$878,193
Jan 20082,1633,47890.388.21$224,031

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 2020 — as filed, then multipliedworked
Oil                    3 bbl  × $ 30.34 =        $91
Casinghead gas         0 Mcf  × $  1.86 =         $0

────────────────────────────────────────────────────
Month total                                      $91

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/38717 is the state's own key, not one this site invented.