UNIVERSITY 37

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the BLOCK 6 (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39203District 08Field 09172750OilCasinghead gasSaveExport
Value, all time
$549 k
Nov 2008 – May 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
115
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1964-07-01
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

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
OilDisposition6,552 bbl$534,098
Casinghead gasProduction3,476 Mcf$15,177
Total$549,274

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 32.4224, -102.2901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42235, -102.29014 · 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
13,610 ft
1 wells filed one
Completion to plug
9.1 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 13,610 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Dec 2017
1 of 1 wells

Last completion to plug: a median of 9.1 years across the 1 well that filed both dates, with the middle half between 9.1 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00301009113,610 ftNov 2008Dec 2017Yes

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 (115)

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

115 months

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 20160041.553.10$0
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 201512042.992.76$516
Aug 201528040.162.87$1,124
Jul 2015127048.152.95$6,115
Jun 2015127056.152.88$7,131
May 2015123055.212.96$6,791
Apr 2015258049.822.71$12,854
Mar 20150042.892.93$0
Feb 2015127044.662.98$5,672
Jan 2015111043.433.10$4,821
Dec 20140054.693.59$0
Nov 2014117070.464.25$8,244
Oct 2014123078.303.90$9,631
Sep 2014137086.164.05$11,804
Aug 2014128089.394.04$11,442
Jul 2014257096.564.18$24,816
Jun 20140098.164.74$0
May 2014243094.734.73$23,019
Apr 2014115095.944.81$11,033
Mar 2014119095.895.06$11,411
Feb 2014126097.406.19$12,272
Jan 2014121090.404.86$10,938
Dec 2013128091.824.35$11,753
Nov 2013133088.853.74$11,817
Oct 2013136097.423.78$13,249
Sep 20131410104.113.72$14,680
Aug 20131430104.253.52$14,908
Jul 20131400102.523.72$14,353
Jun 2013152094.403.93$14,349
May 20130094.834.15$0
Apr 2013151093.964.28$14,188
Mar 2013149093.623.91$13,949
Feb 2013137091.233.42$12,499
Jan 2013138091.603.42$12,641
Dec 20120086.773.42$0
Nov 2012125086.953.62$10,869
Oct 2012132089.383.40$11,798
Sep 2012294094.672.92$27,833
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012254079.822.52$20,274
May 20120291.612.49$5
Apr 201214415101.652.00$14,668
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012125598.092.73$12,275
Dec 20110096.873.24$0
Nov 2011151095.723.31$14,454
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201162083.404.15$5,171
Jul 20110094.144.52$0
Jun 2011129092.904.64$11,984
May 2011010298.134.40$449
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110385.644.18$13
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010366078.103.51$28,585
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010169073.585.44$12,435
Jan 20100074.365.96$0
Dec 2009169071.445.48$12,073
Nov 2009177074.593.75$13,202
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009030967.423.22$995
Jul 2009017061.133.46$589
Jun 2009036266.163.90$1,410
May 2009045154.743.93$1,771
Apr 2009040146.773.59$1,439
Mar 2009036342.144.06$1,473
Feb 200917839532.814.63$7,670
Jan 200913042535.865.37$6,944
Dec 2008041637.105.98$2,486
Nov 200805755.496.86$391

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 2015 — as filed, then multipliedworked
Oil                   12 bbl  × $ 42.99 =       $516
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                     $516

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/39203 is the state's own key, not one this site invented.