UNIVERSITY "20"

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

Oil lease lease 39471District 08Field 95129600Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$22.7 M
Apr 2009 – Dec 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
129
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 63 leases and 103 wells, and the rule below applies to all of them.

Discovered
1974-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-08-11.

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: FOR GAS WELLS IS 10%.

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
OilDisposition296,126 bbl$21,534,356
Casinghead gasProduction308,277 Mcf$1,161,424
Total$22,695,780

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 31.6507, -103.2735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.65075, -103.27351 · 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
11,453 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 11,420 and 11,485 ft, median 11,453 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2010 – Aug 2014
2 of 2 wells

2 wells

42-47535473470111,420 ftAug 2014Yes
42-47535508470211,485 ftMar 2010Yes

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 (129)

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

129 months

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 20181,56515652.934.24$83,496
Oct 201819227961.443.40$12,745
Sep 20180059.543.11$0
Aug 2018557059.403.07$33,086
Jul 20182,2232,60665.142.93$152,447
Jun 20184,7894,60760.183.08$302,377
May 20183,7044,68765.382.90$255,764
Apr 20183,1253,14063.842.90$208,609
Mar 20182,9772,41661.222.79$188,985
Feb 20181,12892761.782.77$72,252
Jan 20181,31089062.874.01$85,928
Dec 20172,7942,20657.272.92$166,457
Nov 20173,5103,32555.423.12$204,893
Oct 20174,0534,97549.292.98$214,616
Sep 20172,7133,10647.523.09$138,511
Aug 201792740045.373.00$43,260
Jul 20179201,29443.873.09$44,355
Jun 20179311,09042.493.09$42,923
May 20171,1281,49145.373.26$56,043
Apr 20177311,01147.933.21$38,284
Mar 201790384046.772.98$44,740
Feb 20171,3131,32750.452.95$70,159
Jan 20171,65675049.413.42$84,387
Dec 20161,11368148.763.72$56,805
Nov 20161,11271042.492.64$49,126
Oct 20161,4731,21946.193.09$71,805
Sep 201690789341.553.10$40,455
Aug 20161,28582541.442.92$55,663
Jul 20161,0911,04341.622.92$48,458
Jun 20161,4471,14345.352.69$68,691
May 20161,0921,07242.521.99$48,566
Apr 20161,2831,39636.561.99$49,686
Mar 20161,1011,24333.011.79$38,574
Feb 20161,4631,16326.472.06$41,126
Jan 20161,4821,50427.352.36$44,089
Dec 20151,1301,68032.362.00$39,929
Nov 20151,4971,36338.792.17$61,023
Oct 20151,4931,86543.552.43$69,546
Sep 20151,10772142.992.76$49,579
Aug 20151,6521,36340.162.87$70,260
Jul 20151,46340148.152.95$71,624
Jun 20151,63682656.152.88$94,243
May 20151,67259355.212.96$94,064
Apr 20152,5782,20349.822.71$134,399
Mar 20152,0501,91842.892.93$93,553
Feb 20151,4992,57944.662.98$74,621
Jan 201594720743.433.10$41,770
Dec 201474993554.693.59$44,321
Nov 20141,7142,67970.464.25$132,159
Oct 20142,6042,83078.303.90$214,933
Sep 20141,2982,95386.164.05$123,782
Aug 20141,1042,20689.394.04$107,588
Jul 20141,84682896.564.18$181,710
Jun 20141,6711,11298.164.74$169,293
May 20141,8452,22494.734.73$185,289
Apr 20142,0442,63795.944.81$208,783
Mar 20141,8881,49195.895.06$188,580
Feb 20141,1441,24897.406.19$119,153
Jan 20141,7022,31690.404.86$165,118
Dec 20132,2262,01791.824.35$213,174
Nov 20132,4082,67688.853.74$223,954
Oct 20132,0623,57597.423.78$214,391
Sep 20131,8562,156104.113.72$201,244
Aug 20132,7602,133104.253.52$295,244
Jul 20137411,312102.523.72$80,845
Jun 20131,1041,64894.403.93$110,700
May 20131,2961,80794.834.15$130,397
Apr 20131,4951,97993.964.28$148,945
Mar 20131,1051,97193.623.91$111,162
Feb 20137531,29791.233.42$73,132
Jan 20131,47988291.603.42$138,493
Dec 20121,4841,35086.773.42$133,384
Nov 20121,8331,53386.953.62$164,936
Oct 20121,1001,35589.383.40$102,925
Sep 20121,9253,18394.672.92$191,529
Aug 20122,5473,29192.662.91$245,576
Jul 20121,9863,59685.133.02$179,931
Jun 20123,1071,80279.822.52$252,540
May 20121,3171,56391.612.49$124,540
Apr 20122,4302,594101.652.00$252,189
Mar 20122,0632,454105.052.22$222,171
Feb 20121,8871,795101.102.57$195,389
Jan 20122,3192,44298.092.73$234,147
Dec 20112,8622,84696.873.24$286,462
Nov 20112,2563,00195.723.31$225,881
Oct 20112,9854,47384.983.65$269,985
Sep 20112,7543,29483.623.99$243,419
Aug 20113,3294,20983.404.15$295,103
Jul 20113,4964,11394.144.52$347,693
Jun 20111,1462,13792.904.64$116,379
May 20113,3574,52398.134.40$349,345
Apr 20113,9314,111105.964.33$434,343
Mar 20113,5284,39396.364.06$357,782
Feb 20112,2532,48385.644.18$203,326
Jan 20112,9953,83186.504.59$276,647
Dec 20103,5223,13985.734.35$315,589
Nov 20104,4735,33080.843.80$381,826
Oct 20104,2326,30078.103.51$352,625
Sep 20103,6905,12272.633.98$288,388
Aug 20105,3676,23073.684.42$422,973
Jul 20105,9587,77572.554.74$469,079
Jun 20107,1958,80470.364.91$549,471
May 20107,68911,16471.124.24$594,124
Apr 20109,70812,08781.694.12$842,877
Mar 201011,4987,83078.394.39$935,692
Feb 20104,1394,63673.585.44$329,778
Jan 20102,9522,89574.365.96$236,777
Dec 20094,0954,12971.445.48$315,189
Nov 20094,6814,68974.593.75$366,747
Oct 20095,1264,77772.544.11$391,475
Sep 20094,7974,48465.543.06$328,138
Aug 20095,6913,81967.423.22$395,979
Jul 20094,75433861.133.46$291,783
Jun 20098,0097,27166.163.90$558,196
May 200911,6639,70254.743.93$676,520
Apr 20092,38133846.773.59$112,572

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.

Nov 2018 — as filed, then multipliedworked
Oil                1,565 bbl  × $ 52.93 =    $82,835
Casinghead gas       156 Mcf  × $  4.24 =       $661

────────────────────────────────────────────────────
Month total                                  $83,496

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/39471 is the state's own key, not one this site invented.