UNIVERSITY 31-4

Operated by BAKER OPERATING, INC. (P-5 46623) in the BLOCK 31 (PENN. 7620) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38878District 08Field 09358900Hydrogen sulphide fieldOilSaveExport
Value, all time
$3.4 M
May 2008 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
217
no gaps in the span
Streams
1
oil

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 17 leases and 47 wells, and the rule below applies to all of them.

Discovered
1966-04-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition47,204 bbl$3,356,733
Total$3,356,733

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 31.5120, -102.4882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51205, -102.48817 · 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
8,474 ft
1 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.
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.

How deep they were drilled

The one well that filed a depth was drilled to 8,474 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-1033550018,474 ftJun 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 (217)

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

217 months

May 2026166106.413.05$17,664
Apr 202616998.932.87$16,719
Mar 202616989.753.15$15,168
Feb 202617963.503.75$11,367
Jan 2026059.138.00$0
Dec 202517756.664.41$10,029
Nov 202517158.593.93$10,019
Oct 202517759.383.30$10,510
Sep 202516362.743.08$10,227
Aug 202517563.933.01$11,188
Jul 2025066.743.32$0
Jun 202517766.483.13$11,767
May 202517860.553.23$10,778
Apr 2025062.363.54$0
Mar 202535467.704.27$23,966
Feb 2025070.884.34$0
Jan 202517974.324.28$13,303
Dec 202417868.993.12$12,280
Nov 202417969.052.20$12,360
Oct 202417571.372.28$12,490
Sep 202417769.612.36$12,321
Aug 202417875.632.06$13,462
Jul 202417479.932.15$13,908
Jun 202410278.082.63$7,964
May 202416278.812.20$12,767
Apr 202417484.451.66$14,694
Mar 202417880.301.55$14,293
Feb 202417476.091.78$13,240
Jan 202418273.023.30$13,290
Dec 202317371.262.61$12,328
Nov 202317977.892.81$13,942
Oct 202317585.443.09$14,952
Sep 202315989.042.74$14,157
Aug 2023080.522.67$0
Jul 202317374.852.64$12,949
Jun 202317368.962.26$11,930
May 202316770.622.23$11,794
Apr 202317678.122.24$13,749
Mar 202318472.852.39$13,404
Feb 202317775.112.47$13,294
Jan 202317876.533.39$13,622
Dec 202217876.415.73$13,601
Nov 202217685.005.65$14,960
Oct 202217887.185.86$15,518
Sep 2022084.888.16$0
Aug 202217794.529.13$16,730
Jul 2022163101.587.54$16,558
Jun 20220115.097.98$0
May 2022177109.378.43$19,358
Apr 2022174104.226.84$18,134
Mar 2022172108.885.08$18,727
Feb 2022091.054.86$0
Jan 202218181.844.54$14,813
Dec 202118071.323.90$12,838
Nov 202117977.435.24$13,860
Oct 202117679.795.71$14,043
Sep 2021069.865.35$0
Aug 202117666.024.22$11,620
Jul 202117970.783.98$12,670
Jun 202117869.493.38$12,369
May 202118063.483.02$11,426
Apr 202117960.362.76$10,804
Mar 202117961.302.72$10,973
Feb 202117957.805.55$10,346
Jan 202117550.412.81$8,822
Dec 202017744.642.68$7,901
Nov 202017938.772.71$6,940
Oct 202017736.972.48$6,544
Sep 202017737.091.99$6,565
Aug 202017939.982.39$7,156
Jul 202017638.371.83$6,753
Jun 202017434.901.69$6,073
May 202017116.921.81$2,893
Apr 2020014.751.80$0
Mar 202017630.341.86$5,340
Feb 202034149.881.98$17,009
Jan 2020057.252.09$0
Dec 201915259.012.30$8,970
Nov 201917255.302.75$9,512
Oct 201917753.472.42$9,464
Sep 201917855.052.66$9,799
Aug 201917753.112.30$9,400
Jul 201934756.272.46$19,526
Jun 2019052.782.49$0
May 201935658.482.74$20,819
Apr 2019062.632.75$0
Mar 201917756.803.06$10,054
Feb 201916150.852.79$8,187
Jan 201934646.033.23$15,926
Dec 201817946.594.19$8,340
Nov 201818152.934.24$9,580
Oct 2018061.443.40$0
Sep 201817359.543.11$10,300
Aug 201833559.403.07$19,899
Jul 2018065.142.93$0
Jun 201817260.183.08$10,351
May 201817665.382.90$11,507
Apr 201817463.842.90$11,108
Mar 201835661.222.79$21,794
Feb 201817561.782.77$10,812
Jan 2018062.874.01$0
Dec 201717657.272.92$10,080
Nov 201750755.423.12$28,098
Oct 2017249.292.98$99
Sep 201717447.523.09$8,268
Aug 201718045.373.00$8,167
Jul 201717243.873.09$7,546
Jun 201716842.493.09$7,138
May 201735345.373.26$16,016
Apr 2017047.933.21$0
Mar 201734346.772.98$16,042
Feb 201734250.452.95$17,254
Jan 2017049.413.42$0
Dec 201616948.763.72$8,240
Nov 201635942.492.64$15,254
Oct 201617446.193.09$8,037
Sep 201617041.553.10$7,064
Aug 2016041.442.92$0
Jul 201633841.622.92$14,068
Jun 201616945.352.69$7,664
May 201617442.521.99$7,398
Apr 201617136.561.99$6,252
Mar 201634733.011.79$11,454
Feb 201618026.472.06$4,765
Jan 2016027.352.36$0
Dec 201535232.362.00$11,391
Nov 201518538.792.17$7,176
Oct 201518143.552.43$7,883
Sep 201517842.992.76$7,652
Aug 201517940.162.87$7,189
Jul 201546048.152.95$22,149
Jun 2015056.152.88$0
May 201517755.212.96$9,772
Apr 201518249.822.71$9,067
Mar 201518642.892.93$7,978
Feb 201518944.662.98$8,441
Jan 201517943.433.10$7,774
Dec 201435854.693.59$19,579
Nov 201417470.464.25$12,260
Oct 201435578.303.90$27,797
Sep 2014086.164.05$0
Aug 201416689.394.04$14,839
Jul 201435596.564.18$34,279
Jun 201418398.164.74$17,963
May 2014094.734.73$0
Apr 201433595.944.81$32,140
Mar 201416795.895.06$16,014
Feb 201416997.406.19$16,461
Jan 201415990.404.86$14,374
Dec 201315891.824.35$14,508
Nov 201316388.853.74$14,483
Oct 201334697.423.78$33,707
Sep 2013175104.113.72$18,219
Aug 2013166104.253.52$17,306
Jul 2013167102.523.72$17,121
Jun 201335594.403.93$33,512
May 201317394.834.15$16,406
Apr 201317193.964.28$16,067
Mar 201335793.623.91$33,422
Feb 201318091.233.42$16,421
Jan 201318091.603.42$16,488
Dec 201217686.773.42$15,272
Nov 201233686.953.62$29,215
Oct 201218189.383.40$16,178
Sep 201217694.672.92$16,662
Aug 201235592.662.91$32,894
Jul 201217985.133.02$15,238
Jun 201233879.822.52$26,979
May 201216891.612.49$15,390
Apr 2012174101.652.00$17,687
Mar 2012342105.052.22$35,927
Feb 2012176101.102.57$17,794
Jan 201234498.092.73$33,743
Dec 201133596.873.24$32,451
Nov 201117095.723.31$16,272
Oct 201116484.983.65$13,937
Sep 201133083.623.99$27,595
Aug 201134183.404.15$28,439
Jul 201133594.144.52$31,537
Jun 201116692.904.64$15,421
May 201133098.134.40$32,383
Apr 2011163105.964.33$17,271
Mar 201153496.364.06$51,456
Feb 201116985.644.18$14,473
Jan 201115786.504.59$13,581
Dec 201045985.734.35$39,350
Nov 201016080.843.80$12,934
Oct 201032078.103.51$24,992
Sep 201032872.633.98$23,823
Aug 201032473.684.42$23,872
Jul 201032172.554.74$23,289
Jun 201032570.364.91$22,867
May 201032471.124.24$23,043
Apr 201032881.694.12$26,794
Mar 201031578.394.39$24,693
Feb 201032473.585.44$23,840
Jan 201033874.365.96$25,134
Dec 200933771.445.48$24,075
Nov 200918274.593.75$13,575
Oct 200950772.544.11$36,778
Sep 200934965.543.06$22,873
Aug 200951567.423.22$34,721
Jul 200935761.133.46$21,823
Jun 200952066.163.90$34,403
May 200933654.743.93$18,393
Apr 200950946.773.59$23,806
Mar 200934242.144.06$14,412
Feb 200951132.814.63$16,766
Jan 200968135.865.37$24,421
Dec 200850437.105.98$18,698
Nov 200833755.496.86$18,700
Oct 200850975.246.92$38,297
Sep 2008668101.767.88$67,976
Aug 2008699114.228.48$79,840
Jul 2008691131.0811.39$90,576
Jun 2008509131.3313.03$66,847
May 20080123.1711.57$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.

May 2026 — as filed, then multipliedworked
Oil                  166 bbl  × $106.41 =    $17,664

────────────────────────────────────────────────────
Month total                                  $17,664

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/38878 is the state's own key, not one this site invented.