UNIVERSITY 11, SEC. 2

Operated by OXY USA INC. (P-5 630591) in the MARTIN (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39304District 08Field 57774581Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$332 k
May 2007 – Oct 2010
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
42
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 16 leases and 37 wells, and the rule below applies to all of them.

Discovered
1945-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-05-16.

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: INTO MARTIN (CONSOLIDATED) EFFECTIVE 6/22/2010.

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
OilDisposition3,492 bbl$273,390
Casinghead gasProduction7,884 Mcf$58,506
Total$331,896

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 32.1761, -102.7776. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.17606, -102.77758 · 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
0.0%
0 of 2 wells
Median depth
7,350 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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.
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 7,100 and 7,600 ft, median 7,350 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2004 – Sep 2004
2 of 2 wells

2 wells

42-00334697E 117,600 ftSep 2004Yes
42-00334552E 97,100 ftJun 2004Yes

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 (42)

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

42 months

Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20105418171.124.24$4,607
Apr 20105410781.694.12$4,852
Mar 20106813678.394.39$5,927
Feb 20105914773.585.44$5,141
Jan 2010825474.365.96$6,420
Dec 2009786271.445.48$5,912
Nov 2009609774.593.75$4,839
Oct 2009908872.544.11$6,890
Sep 2009997565.543.06$6,718
Aug 200911020867.423.22$8,086
Jul 20097724461.133.46$5,552
Jun 2009708366.163.90$4,954
May 2009699154.743.93$4,134
Apr 200910550046.773.59$6,705
Mar 2009893342.144.06$3,884
Feb 2009906932.814.63$3,273
Jan 2009737035.865.37$2,994
Dec 20087911137.105.98$3,594
Nov 200810011855.496.86$6,359
Oct 200810014275.246.92$8,507
Sep 200810797101.767.88$11,652
Aug 2008107124114.228.48$13,273
Jul 200892123131.0811.39$13,460
Jun 200890120131.3313.03$13,384
May 200879136123.1711.57$11,305
Apr 200899171110.3110.45$12,708
Mar 20081721,675101.909.66$33,714
Feb 20081781,62892.538.77$30,749
Jan 20088315590.388.21$8,773
Dec 20078211788.337.30$8,097
Nov 200710317691.677.29$10,725
Oct 20079816282.856.92$9,241
Sep 200711613775.846.24$9,653
Aug 200718815169.066.39$13,948
Jul 200719215970.906.39$14,628
Jun 200710013762.007.55$7,234
May 20070058.747.85$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 2010 — as filed, then multipliedworked
Oil                   54 bbl  × $ 71.12 =     $3,840
Casinghead gas       181 Mcf  × $  4.24 =       $767

────────────────────────────────────────────────────
Month total                                   $4,607

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/39304 is the state's own key, not one this site invented.