ANTELOPE UNIVERSITY

Operated by BC OPERATING, INC. (P-5 58893) in the JFM field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39115District 08Field 45029500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.2 M
Oct 2008 – May 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered
2008-10-26
as the register files it
Field class
Oil
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
OilDisposition16,614 bbl$1,220,446
Casinghead gasProduction314 Mcf$1,444
Total$1,221,891

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 32.2328, -102.5428. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.23275, -102.54278 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,973 ft
2 wells filed one
Completion to plug
7.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 9,966 and 9,980 ft, median 9,973 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2008 – Mar 2009
2 of 2 wells
Plug dates filed
May 2016 – Jun 2016
2 of 2 wells

Last completion to plug: a median of 7.4 years across the 2 wells that filed both dates, with the middle half between 7.3 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0033681429,966 ftMar 2009May 2016Yes
42-0033687739,980 ftOct 2008Jun 2016Yes

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 (128)

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

128 months

May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016127041.553.10$5,277
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015160049.822.71$7,971
Mar 2015173042.892.93$7,420
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014166054.693.59$9,079
Nov 2014167070.464.25$11,767
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014165089.394.04$14,749
Jul 20140096.564.18$0
Jun 2014167098.164.74$16,393
May 2014156094.734.73$14,778
Apr 20140095.944.81$0
Mar 2014156095.895.06$14,959
Feb 20140097.406.19$0
Jan 2014170090.404.86$15,368
Dec 20130091.824.35$0
Nov 2013165088.853.74$14,660
Oct 2013169097.423.78$16,464
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131720102.523.72$17,633
Jun 20130094.403.93$0
May 2013164094.834.15$15,552
Apr 20130093.964.28$0
Mar 2013162093.623.91$15,166
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012167086.773.42$14,491
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012167094.672.92$15,810
Aug 2012155092.662.91$14,362
Jul 2012176085.133.02$14,983
Jun 20120079.822.52$0
May 2012332091.612.49$30,415
Apr 201200101.652.00$0
Mar 20121630105.052.22$17,123
Feb 20121480101.102.57$14,963
Jan 2012163098.092.73$15,989
Dec 2011299096.873.24$28,964
Nov 2011160095.723.31$15,315
Oct 2011168084.983.65$14,277
Sep 2011159083.623.99$13,296
Aug 2011324083.404.15$27,022
Jul 2011160094.144.52$15,062
Jun 2011162092.904.64$15,050
May 2011166098.134.40$16,290
Apr 20113210105.964.33$34,013
Mar 2011156096.364.06$15,032
Feb 2011170085.644.18$14,559
Jan 2011170086.504.59$14,705
Dec 2010318085.734.35$27,262
Nov 2010320080.843.80$25,869
Oct 2010315078.103.51$24,602
Sep 2010319072.633.98$23,169
Aug 2010325073.684.42$23,946
Jul 2010313072.554.74$22,708
Jun 2010312170.364.91$21,957
May 2010480171.124.24$34,142
Apr 2010315581.694.12$25,753
Mar 20104921278.394.39$38,621
Feb 2010333073.585.44$24,502
Jan 20103331574.365.96$24,851
Dec 20093261871.445.48$23,388
Nov 20093361974.593.75$25,134
Oct 2009503372.544.11$36,500
Sep 20094731665.543.06$31,049
Aug 20094792667.423.22$32,378
Jul 20093022361.133.46$18,541
Jun 20096911666.163.90$45,779
May 20095091954.743.93$27,937
Apr 20094861646.773.59$22,788
Mar 20095092642.144.06$21,555
Feb 20093151732.814.63$10,414
Jan 20095032135.865.37$18,150
Dec 20083423037.105.98$12,868
Nov 20083401355.496.86$18,956
Oct 200801775.246.92$118

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.

Sep 2016 — as filed, then multipliedworked
Oil                  127 bbl  × $ 41.55 =     $5,277
Casinghead gas         0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $5,277

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/39115 is the state's own key, not one this site invented.