MPS UNIVERSITY

Name: MPS UNIVERSITY lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the BLOCK 11, SW. (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 400District 08Field 09236333Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$3.7 M

Jan 1993 – May 2016

Value, last 12 filed months

at the published price for each month

Months reported

281

no gaps in the span

Streams

oil, casinghead gas

The BLOCK 11, SW. (DEVONIAN) field

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 5 wells, and the rule below applies to all of them.

Discovered

1952-11-17

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres.

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.

Stream	Basis	Volume	Value
Oil	Disposition	134,858 bbl	$3,558,701
Casinghead gas	Production	62,556 Mcf	$129,257
Total			$3,687,958

28,577 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 32.1104, -102.7806. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.11066, -102.78082 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

8,310 ft

3 wells filed one

Completion to plug

58.3 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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 8,250 and 8,405 ft, median 8,310 ft, over the 3 wells that filed a depth.

Completions filed

Nov 1952 – Jan 1953

2 of 3 wells; 1 filed none

Plug dates filed

Feb 2008 – May 2014

3 of 3 wells

Last completion to plug: a median of 58.3 years across the 2 wells that filed both dates, with the middle half between 56.7 years and 59.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-00301834	3	8,405 ft	—	Feb 2008	Yes
42-00301623	2	8,310 ft	Jan 1953	Feb 2008	Yes
42-00307778	1	8,250 ft	Nov 1952	May 2014	Yes

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 (281)

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

281 months


May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	181	7	93.96	4.28	$17,037
Mar 2013	181	34	93.62	3.91	$17,078
Feb 2013	361	29	91.23	3.42	$33,033
Jan 2013	0	37	91.60	3.42	$127
Dec 2012	0	21	86.77	3.42	$72
Nov 2012	359	22	86.95	3.62	$31,295
Oct 2012	0	14	89.38	3.40	$48
Sep 2012	373	43	94.67	2.92	$35,437
Aug 2012	182	37	92.66	2.91	$16,972
Jul 2012	180	33	85.13	3.02	$15,423
Jun 2012	0	17	79.82	2.52	$43
May 2012	362	20	91.61	2.49	$33,213
Apr 2012	0	20	101.65	2.00	$40
Mar 2012	359	23	105.05	2.22	$37,764
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	21	98.09	2.73	$57
Dec 2011	182	62	96.87	3.24	$17,831
Nov 2011	0	61	95.72	3.31	$202
Oct 2011	178	70	84.98	3.65	$15,382
Sep 2011	182	52	83.62	3.99	$15,426
Aug 2011	178	88	83.40	4.15	$15,210
Jul 2011	181	50	94.14	4.52	$17,265
Jun 2011	190	65	92.90	4.64	$17,953
May 2011	0	91	98.13	4.40	$401
Apr 2011	179	89	105.96	4.33	$19,353
Mar 2011	368	58	96.36	4.06	$35,696
Feb 2011	0	36	85.64	4.18	$150
Jan 2011	181	70	86.50	4.59	$15,978
Dec 2010	179	65	85.73	4.35	$15,628
Nov 2010	180	12	80.84	3.80	$14,597
Oct 2010	0	11	78.10	3.51	$39
Sep 2010	184	31	72.63	3.98	$13,487
Aug 2010	361	69	73.68	4.42	$26,903
Jul 2010	0	69	72.55	4.74	$327
Jun 2010	183	43	70.36	4.91	$13,087
May 2010	167	52	71.12	4.24	$12,097
Apr 2010	183	11	81.69	4.12	$14,995
Mar 2010	183	41	78.39	4.39	$14,525
Feb 2010	177	29	73.58	5.44	$13,181
Jan 2010	180	39	74.36	5.96	$13,617
Dec 2009	182	45	71.44	5.48	$13,249
Nov 2009	173	61	74.59	3.75	$13,133
Oct 2009	181	68	72.54	4.11	$13,409
Sep 2009	182	70	65.54	3.06	$12,143
Aug 2009	361	79	67.42	3.22	$24,593
Jul 2009	0	76	61.13	3.46	$263
Jun 2009	183	73	66.16	3.90	$12,392
May 2009	363	84	54.74	3.93	$20,200
Apr 2009	181	85	46.77	3.59	$8,770
Mar 2009	0	50	42.14	4.06	$203
Feb 2009	181	51	32.81	4.63	$6,175
Jan 2009	179	70	35.86	5.37	$6,795
Dec 2008	376	66	37.10	5.98	$14,344
Nov 2008	183	69	55.49	6.86	$10,628
Oct 2008	181	89	75.24	6.92	$14,235
Sep 2008	0	19	101.76	7.88	$150
Aug 2008	364	41	114.22	8.48	$41,924
Jul 2008	0	67	131.08	11.39	$763
Jun 2008	184	98	131.33	13.03	$25,442
May 2008	179	129	123.17	11.57	$23,541
Apr 2008	361	123	110.31	10.45	$41,108
Mar 2008	182	106	101.90	9.66	$19,570
Feb 2008	176	112	92.53	8.77	$17,268
Jan 2008	360	111	90.38	8.21	$33,448
Dec 2007	180	110	88.33	7.30	$16,703
Nov 2007	183	112	91.67	7.29	$17,592
Oct 2007	362	126	82.85	6.92	$30,864
Sep 2007	180	112	75.84	6.24	$14,351
Aug 2007	183	109	69.06	6.39	$13,334
Jul 2007	179	103	70.90	6.39	$13,349
Jun 2007	357	95	62.00	7.55	$22,851
May 2007	372	84	58.74	7.85	$22,510
Apr 2007	0	101	59.61	7.81	$788
Mar 2007	373	112	56.92	7.30	$22,049
Feb 2007	0	21	55.10	8.22	$173
Jan 2007	369	92	50.30	6.73	$19,180
Dec 2006	185	93	56.65	6.92	$11,124
Nov 2006	366	58	54.20	7.62	$20,279
Oct 2006	367	109	54.90	6.01	$20,804
Sep 2006	181	98	60.08	5.04	$11,368
Aug 2006	180	96	68.71	7.34	$13,072
Jul 2006	185	70	69.37	6.34	$13,277
Jun 2006	232	100	66.28	6.38	$16,015
May 2006	398	132	66.01	6.42	$27,120
Apr 2006	187	121	64.39	7.36	$12,932
Mar 2006	191	117	56.70	7.08	$11,658
Feb 2006	179	67	57.59	7.75	$10,828
Jan 2006	179	77	60.59	8.93	$11,533
Dec 2005	381	33	54.94	13.42	$21,375
Nov 2005	0	19	54.69	10.59	$201
Oct 2005	178	70	58.34	13.80	$11,350
Sep 2005	350	67	61.45	12.08	$22,317
Aug 2005	180	144	61.51	9.80	$12,483
Jul 2005	149	74	55.69	7.84	$8,878
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	181	81	49.20	7.36	$9,501
Mar 2005	363	48	50.37	7.15	$18,628
Feb 2005	174	53	45.22	6.31	$8,203
Jan 2005	356	85	43.16	6.32	$15,902
Dec 2004	367	34	39.86	6.75	$14,858
Nov 2004	0	56	45.28	6.33	$355
Oct 2004	0	27	49.70	6.52	$176
Sep 2004	149	13	43.24	5.28	$6,511
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	24	38.28	6.08	$146
Jun 2004	0	44	36.10	6.43	$283
May 2004	349	35	37.48	6.49	$13,308
Apr 2004	0	26	34.47	5.86	$152
Mar 2004	0	51	34.36	5.53	$282
Feb 2004	0	58	32.45	5.51	$320
Jan 2004	0	67	32.03	6.30	$422
Dec 2003	0	66	30.26	6.30	$416
Nov 2003	0	38	28.80	4.60	$175
Oct 2003	0	63	28.17	4.76	$300
Sep 2003	188	94	26.31	4.75	$5,393
Aug 2003	189	49	29.76	5.13	$5,876
Jul 2003	386	74	29.41	5.17	$11,735
Jun 2003	0	136	28.56	5.98	$814
May 2003	185	113	26.59	5.97	$5,594
Apr 2003	183	79	26.67	5.41	$5,308
Mar 2003	377	121	31.14	6.10	$12,477
Feb 2003	0	41	33.48	7.93	$325
Jan 2003	363	134	30.31	5.58	$11,751
Dec 2002	759	203	26.91	4.85	$21,410
Nov 2002	363	142	24.66	4.14	$9,539
Oct 2002	528	114	26.46	4.23	$14,453
Sep 2002	531	92	27.44	3.64	$14,905
Aug 2002	538	157	25.96	3.16	$14,463
Jul 2002	835	181	24.58	3.06	$21,078
Jun 2002	401	145	23.73	3.34	$10,000
May 2002	868	124	24.66	3.58	$21,849
Apr 2002	455	120	23.65	3.51	$11,182
Mar 2002	479	120	22.00	3.10	$10,910
Feb 2002	943	188	18.22	2.38	$17,628
Jan 2002	480	267	17.17	2.38	$8,876
Dec 2001	459	88	16.93	2.36	$7,979
Nov 2001	448	208	18.07	2.41	$8,596
Oct 2001	474	268	19.78	2.53	$10,053
Sep 2001	449	275	24.26	2.25	$11,512
Aug 2001	934	300	24.87	3.05	$24,145
Jul 2001	470	340	23.93	3.20	$12,334
Jun 2001	927	317	24.56	3.82	$23,979
May 2001	463	264	25.52	4.31	$12,953
Apr 2001	462	285	24.68	5.34	$12,923
Mar 2001	945	313	24.54	5.38	$24,873
Feb 2001	465	294	27.75	5.77	$14,599
Jan 2001	932	325	27.47	8.40	$28,332
Dec 2000	465	246	26.88	9.12	$14,743
Nov 2000	846	276	32.21	5.66	$28,811
Oct 2000	0	226	31.23	5.15	$1,163
Sep 2000	869	399	31.87	5.19	$29,764
Aug 2000	477	553	29.64	4.54	$16,649
Jul 2000	475	489	28.53	4.09	$15,552
Jun 2000	953	643	29.30	4.40	$30,750
May 2000	944	672	27.26	3.68	$28,206
Apr 2000	497	817	24.51	3.12	$14,727
Mar 2000	903	737	28.42	2.86	$27,771
Feb 2000	911	1,034	27.62	2.73	$27,981
Jan 2000	930	179	25.27	2.48	$23,945
Dec 1999	403	107	24.28	2.42	$10,044
Nov 1999	930	241	23.19	2.43	$22,153
Oct 1999	482	292	20.98	2.80	$10,931
Sep 1999	1,347	285	21.75	2.62	$30,044
Aug 1999	474	348	19.26	2.88	$10,130
Jul 1999	919	161	17.89	2.37	$16,823
Jun 1999	369	267	15.94	2.36	$6,513
May 1999	840	339	15.79	2.32	$14,050
Apr 1999	868	72	15.10	2.21	$13,266
Mar 1999	932	519	12.47	1.84	$12,576
Feb 1999	940	439	9.98	1.82	$10,179
Jan 1999	970	445	10.38	1.90	$10,914
Dec 1998	947	434	9.20	1.77	$9,482
Nov 1998	920	378	10.89	2.19	$10,845
Oct 1998	884	360	12.42	1.97	$11,688
Sep 1998	465	458	12.59	2.08	$6,808
Aug 1998	853	398	11.30	1.91	$10,398
Jul 1998	842	345	11.74	2.24	$10,657
Jun 1998	935	447	11.24	2.24	$11,509
May 1998	909	504	12.62	2.21	$12,584
Apr 1998	941	542	13.04	2.51	$13,629
Mar 1998	467	550	12.80	2.31	$7,248
Feb 1998	964	497	13.95	2.30	$14,590
Jan 1998	928	639	14.70	2.15	$15,019
Dec 1997	939	698	16.32	2.41	$17,007
Nov 1997	488	399	18.19	3.09	$10,109
Oct 1997	889	497	19.25	3.15	$18,679
Sep 1997	366	355	17.74	2.95	$7,542
Aug 1997	728	474	17.86	2.55	$14,213
Jul 1997	1,158	873	17.58	2.25	$22,319
Jun 1997	961	440	17.24	2.26	$17,561
May 1997	634	441	18.97	2.31	$13,045
Apr 1997	1,734	382	17.88	2.08	$31,800
Mar 1997	911	426	18.95	1.94	$18,090
Feb 1997	935	350	20.49	2.21	$19,930
Jan 1997	918	260	23.48	3.54	$22,475
Dec 1996	957	238	23.32	—	$22,317
Nov 1996	941	367	21.97	—	$20,674
Oct 1996	917	319	23.31	—	$21,375
Sep 1996	1,341	411	22.22	—	$29,797
Aug 1996	836	509	20.26	—	$16,937
Jul 1996	893	550	19.55	—	$17,458
Jun 1996	894	566	18.73	—	$16,745
May 1996	1,369	650	19.43	—	$26,600
Apr 1996	953	561	21.51	—	$20,499
Mar 1996	1,417	496	19.38	—	$27,461
Feb 1996	1,001	542	16.98	—	$16,997
Jan 1996	1,440	608	17.07	—	$24,581
Dec 1995	991	593	17.19	—	$17,035
Nov 1995	1,479	582	16.00	—	$23,664
Oct 1995	970	692	15.43	—	$14,967
Sep 1995	985	624	16.18	—	$15,937
Aug 1995	1,933	707	15.92	—	$30,773
Jul 1995	498	386	15.24	—	$7,590
Jun 1995	1,394	362	16.41	—	$22,876
May 1995	925	522	17.56	—	$16,243
Apr 1995	1,801	547	17.73	—	$31,932
Mar 1995	522	630	16.44	—	$8,582
Feb 1995	1,443	612	16.58	—	$23,925
Jan 1995	994	632	15.92	—	$15,824
Dec 1994	1,837	691	15.03	—	$27,610
Nov 1994	964	668	15.90	—	$15,328
Oct 1994	1,462	787	15.58	—	$22,778
Sep 1994	1,398	740	15.29	—	$21,375
Aug 1994	963	754	16.13	—	$15,533
Jul 1994	1,425	851	17.56	—	$25,023
Jun 1994	974	817	17.09	—	$16,646
May 1994	1,914	584	15.88	—	$30,394
Apr 1994	1,436	803	14.14	—	$20,305
Mar 1994	1,439	788	12.46	—	$17,930
Feb 1994	1,110	644	12.50	—	$13,875
Jan 1994	1,422	694	12.66	—	$18,003
Dec 1993	1,392	641	12.33	—	$17,163
Nov 1993	1,401	688	14.49	—	$20,300
Oct 1993	970	616	15.85	—	$15,375
Sep 1993	1,429	627	15.03	—	$21,478
Aug 1993	1,425	668	15.66	—	$22,316
Jul 1993	1,421	541	15.46	—	$21,969
Jun 1993	971	394	16.79	—	$16,303
May 1993	1,423	517	17.68	—	$25,159
Apr 1993	1,445	609	18.05	—	$26,082
Mar 1993	2,562	625	18.14	—	$46,475
Feb 1993	504	538	17.90	—	$9,022
Jan 1993	1,947	586	16.93	—	$32,963

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.

Apr 2013 — as filed, then multipliedworked

Oil                  181 bbl  × $ 93.96 =    $17,007
Casinghead gas         7 Mcf  × $  4.28 =        $30

────────────────────────────────────────────────────
Month total                                  $17,037

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/400 is the state's own key, not one this site invented.