UNIVERSITY 35-A

Operated by OCTANE ENERGY OPERATING, LLC (P-5 618148) 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 38929District 08Field 28843666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$987 k
Aug 2008 – Apr 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
213
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
OilDisposition12,074 bbl$878,313
Casinghead gasProduction28,791 Mcf$108,567
Total$986,880

Wells on this lease (5)

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 32.1045, -102.7523. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.10460, -102.75262 · 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%
5 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
7,447 ft
5 wells filed one
Completion to plug
38.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
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

Between 4,434 and 7,550 ft, median 7,447 ft, over the 5 wells that filed a depth.

Completions filed
Apr 1974 – Nov 2022
4 of 5 wells; 1 filed none
Plug dates filed
Dec 2012 – May 2023
2 of 5 wells; 3 filed none

Last completion to plug: a median of 38.7 years across the 1 well that filed both dates, with the middle half between 38.7 years and 38.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-0030392215,578 ftMay 2023Yes
42-0030388947,550 ftNov 2022Yes
42-0030392437,534 ftAug 2022Yes
42-003039232W7,447 ftOct 2019Yes
42-003039135W4,434 ftApr 1974Dec 2012Yes

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 (213)

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

213 months

Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
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 20200030.341.86$0
Feb 202006449.881.98$127
Jan 2020011057.252.09$230
Dec 201996059.012.30$669
Nov 20193110055.302.75$1,989
Oct 2019307053.472.42$1,773
Sep 2019311755.052.66$1,752
Aug 2019614253.112.30$3,336
Jul 2019012156.272.46$298
Jun 2019010052.782.49$249
May 201908758.482.74$238
Apr 20192910462.632.75$2,102
Mar 201901556.803.06$46
Feb 2019307450.852.79$1,732
Jan 20193112246.033.23$1,821
Dec 2018019246.594.19$804
Nov 20183122652.934.24$2,598
Oct 20189219461.443.40$6,312
Sep 20183010459.543.11$2,109
Aug 2018015259.403.07$466
Jul 20186614665.142.93$4,727
Jun 20186317060.183.08$4,314
May 201811720065.382.90$8,230
Apr 20187018263.842.90$4,997
Mar 201807661.222.79$212
Feb 20187116361.782.77$4,837
Jan 2018019662.874.01$786
Dec 201713721057.272.92$8,460
Nov 2017033955.423.12$1,057
Oct 20176930249.292.98$4,302
Sep 20177210047.523.09$3,730
Aug 20176912145.373.00$3,494
Jul 20177041643.873.09$4,355
Jun 20177023042.493.09$3,684
May 20177031645.373.26$4,207
Apr 201714130047.933.21$7,722
Mar 20177130946.772.98$4,243
Feb 20176825350.452.95$4,178
Jan 20171408849.413.42$7,218
Dec 2016718848.763.72$3,790
Nov 201614214442.492.64$6,414
Oct 2016709046.193.09$3,511
Sep 201614011541.553.10$6,174
Aug 20166915341.442.92$3,307
Jul 20167022741.622.92$3,577
Jun 20166922745.352.69$3,739
May 20166921042.521.99$3,352
Apr 20166923136.561.99$2,983
Mar 20166716333.011.79$2,504
Feb 20167020526.472.06$2,276
Jan 20166920527.352.36$2,372
Dec 20156919032.362.00$2,613
Nov 20157019538.792.17$3,138
Oct 2015687043.552.43$3,131
Sep 20157218342.992.76$3,600
Aug 20157023940.162.87$3,498
Jul 20156924748.152.95$4,050
Jun 201514025656.152.88$8,599
May 20156923555.212.96$4,504
Apr 20156910649.822.71$3,724
Mar 20157321242.892.93$3,753
Feb 201514321944.662.98$7,038
Jan 2015010443.433.10$322
Dec 20141435254.693.59$8,007
Nov 2014729770.464.25$5,486
Oct 20147321678.303.90$6,559
Sep 20147115386.164.05$6,736
Aug 20147118389.394.04$7,085
Jul 201414320096.564.18$14,644
Jun 20147118098.164.74$7,822
May 20147023494.734.73$7,737
Apr 201414319795.944.81$14,667
Mar 201414323995.895.06$14,921
Feb 20147412097.406.19$7,951
Jan 201414521090.404.86$14,129
Dec 20137120891.824.35$7,425
Nov 20137323188.853.74$7,350
Oct 20137123497.423.78$7,801
Sep 2013142226104.113.72$15,624
Aug 201370210104.253.52$8,037
Jul 201371210102.523.72$8,060
Jun 201314419194.403.93$14,345
May 20137020594.834.15$7,489
Apr 20137224693.964.28$7,819
Mar 20137225093.623.91$7,719
Feb 201314212491.233.42$13,379
Jan 2013692591.603.42$6,406
Dec 201214027286.773.42$13,078
Nov 201214128486.953.62$13,289
Oct 20127025589.383.40$7,124
Sep 201214025294.672.92$13,989
Aug 201221321292.662.91$20,353
Jul 2012021185.133.02$637
Jun 201217919979.822.52$14,789
May 201218119991.612.49$17,077
Apr 201288232101.652.00$9,408
Mar 2012253199105.052.22$27,020
Feb 2012143199101.102.57$14,969
Jan 201214323098.092.73$14,656
Dec 20117116596.873.24$7,412
Nov 20116717095.723.31$6,976
Oct 20117025684.983.65$6,883
Sep 20117023683.623.99$6,794
Aug 201114226983.404.15$12,959
Jul 201114121094.144.52$14,222
Jun 20117128092.904.64$7,895
May 201114122098.134.40$14,805
Apr 201169258105.964.33$8,429
Mar 201114318296.364.06$14,518
Feb 20117210185.644.18$6,588
Jan 201114232486.504.59$13,770
Dec 20107127985.734.35$7,300
Nov 20107118180.843.80$6,427
Oct 201014121478.103.51$11,763
Sep 20106828072.633.98$6,053
Aug 201014025473.684.42$11,438
Jul 2010716072.554.74$5,435
Jun 2010712470.364.91$5,113
May 201014231171.124.24$11,416
Apr 201014220481.694.12$12,441
Mar 201014031978.394.39$12,375
Feb 20107238973.585.44$7,415
Jan 201014036674.365.96$12,593
Dec 20097030871.445.48$6,690
Nov 200913934874.593.75$11,674
Oct 200914029172.544.11$11,352
Sep 20096943665.543.06$5,858
Aug 200913942167.423.22$10,726
Jul 20097040061.133.46$5,665
Jun 200913333366.163.90$10,096
May 200914029554.743.93$8,822
Apr 200914031946.773.59$7,692
Mar 20097220042.144.06$3,846
Feb 200914333232.814.63$6,230
Jan 20097437435.865.37$4,662
Dec 20087527737.105.98$4,438
Nov 200814246255.496.86$11,049
Oct 200814538375.246.92$13,561
Sep 2008138180101.767.88$15,461
Aug 2008144310114.228.48$19,077

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.

Feb 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 49.88 =         $0
Casinghead gas        64 Mcf  × $  1.98 =       $127

────────────────────────────────────────────────────
Month total                                     $127

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/38929 is the state's own key, not one this site invented.