UNIVERSITY "18-18"

Operated by CALLON PERMIAN II, LLC (P-5 101442) in the TWO GEORGES (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39337District 08Field 92100050Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$488 k
Jan 2009 – Oct 2023
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
178
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 275 leases and 502 wells, and the rule below applies to all of them.

Discovered
1997-11-12
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2023-03-28.

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: SIGNED 09/30/2025, EFFECTIVE 10/01/2025

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
OilDisposition6,524 bbl$411,186
Casinghead gasProduction24,336 Mcf$77,064
Total$488,251

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 31.5536, -103.2585. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.55355, -103.25852 · 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
20,457 ft
1 wells filed one
Completion to plug
12.7 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 20,457 ft.

Completions filed
Jan 2009
1 of 1 wells
Plug dates filed
Sep 2021
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47530686120,457 ftJan 2009Sep 2021Yes

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 (178)

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

178 months

Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202314074.852.64$1,048
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 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
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 201896065.382.90$6,276
Apr 20180063.842.90$0
Mar 201803761.222.79$103
Feb 20181625661.782.77$1,697
Jan 20183617662.874.01$23,001
Dec 201714857.272.92$198
Nov 20170555.423.12$16
Oct 2017180849.292.98$8,896
Sep 20170047.523.09$0
Aug 20173611845.373.00$16,433
Jul 2017025043.873.09$772
Jun 2017025942.493.09$800
May 20173501,06645.373.26$19,358
Apr 20173552,16747.933.21$23,975
Mar 20171791,92446.772.98$14,112
Feb 2017053350.452.95$1,574
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201616654442.492.64$8,492
Oct 201616552946.193.09$9,256
Sep 2016048841.553.10$1,513
Aug 2016018841.442.92$550
Jul 201617837241.622.92$8,496
Jun 2016041445.352.69$1,112
May 201617627342.521.99$8,027
Apr 2016046136.561.99$918
Mar 2016045933.011.79$823
Feb 201617137826.472.06$5,306
Jan 2016042527.352.36$1,005
Dec 201518338932.362.00$6,700
Nov 2015036338.792.17$787
Oct 201517725143.552.43$8,317
Sep 2015037542.992.76$1,034
Aug 201517457840.162.87$8,648
Jul 2015071448.152.95$2,103
Jun 201518267256.152.88$12,157
May 201512571655.212.96$9,017
Apr 2015048149.822.71$1,302
Mar 2015013842.892.93$405
Feb 2015044144.662.98$1,313
Jan 201518556443.433.10$9,783
Dec 2014044154.693.59$1,584
Nov 201418115870.464.25$13,425
Oct 201423078.303.90$274
Sep 201438586.164.05$602
Aug 2014171089.394.04$15,286
Jul 201418036396.564.18$18,898
Jun 2014052198.164.74$2,468
May 201418937094.734.73$19,653
Apr 2014113595.944.81$1,224
Mar 201405295.895.06$263
Feb 2014010097.406.19$619
Jan 2014013890.404.86$671
Dec 2013012091.824.35$523
Nov 2013012688.853.74$471
Oct 201317416397.423.78$17,567
Sep 2013164160104.113.72$17,669
Aug 20130165104.253.52$581
Jul 2013037102.523.72$138
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013010093.964.28$428
Mar 2013012593.623.91$489
Feb 2013015991.233.42$544
Jan 2013015291.603.42$520
Dec 2012015686.773.42$534
Nov 2012015986.953.62$576
Oct 201215712789.383.40$14,464
Sep 201207894.672.92$228
Aug 20121468692.662.91$13,778
Jul 2012011485.133.02$344
Jun 201205579.822.52$139
May 201209691.612.49$239
Apr 20120125101.652.00$250
Mar 20120146105.052.22$324
Feb 20120137101.102.57$352
Jan 20121647398.092.73$16,286
Dec 201135896.873.24$479
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201103083.623.99$120
Aug 201101983.404.15$79
Jul 201101794.144.52$77
Jun 201108792.904.64$404
May 20111815298.134.40$17,991
Apr 201100105.964.33$0
Mar 20110696.364.06$24
Feb 201104185.644.18$171
Jan 2011014686.504.59$670
Dec 2010149085.734.35$12,774
Nov 2010015980.843.80$603
Oct 2010015778.103.51$551
Sep 2010013972.633.98$553
Aug 201021673.684.42$218
Jul 2010013872.554.74$654
Jun 201033918770.364.91$24,770
May 20101071.124.24$71
Apr 20106781.694.12$519
Mar 20104278.394.39$322
Feb 2010186073.585.44$13,686
Jan 201011074.365.96$818
Dec 2009168071.445.48$12,002
Nov 200902874.593.75$105
Oct 200906172.544.11$251
Sep 200909265.543.06$282
Aug 200908367.423.22$267
Jul 2009010161.133.46$350
Jun 200913720266.163.90$9,851
May 200908754.743.93$342
Apr 2009018046.773.59$646
Mar 2009020442.144.06$828
Feb 2009022532.814.63$1,042
Jan 20090035.865.37$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.

Jul 2023 — as filed, then multipliedworked
Oil                   14 bbl  × $ 74.85 =     $1,048
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                   $1,048

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/39337 is the state's own key, not one this site invented.