PHILLIPS-UNIVERSITY

Operated by LAKESHORE OPERATING, LLC (P-5 483460) in the MARTIN (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40003District 08Field 57774275Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.7 M
Jun 2010 – May 2026
Value, last 12 filed months
$267 k
at the published price for each month
Months reported
192
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 118 leases and 585 wells, and the rule below applies to all of them.

Discovered
2000-11-20
as the register files it
Field class
Oil and gas
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 10 acres. The field rule took effect on 2010-06-22.

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: UNIVERSITY WELL #1 (API #003-00649).

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
OilDisposition82,234 bbl$5,788,800
Casinghead gasProduction829,042 Mcf$2,863,624
Total$8,652,423

Wells on this lease (6)

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 32.1649, -102.7540. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.16493, -102.75384 · 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
0.0%
0 of 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
6,507 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
6100.0%

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 6,440 and 6,868 ft, median 6,507 ft, over the 6 wells that filed a depth.

Completions filed
Oct 1976 – Jan 2013
6 of 6 wells

6 wells

42-0034487776,868 ftJan 2013
42-0034487956,858 ftDec 2012
42-0033114746,463 ftJun 1977
42-0033114636,550 ftJun 1977
42-0033111526,440 ftJan 1977
42-0033103416,450 ftOct 1976

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 (192)

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

192 months

May 20261652,342106.413.05$24,691
Apr 20261782,09698.932.87$23,624
Mar 20261782,55689.753.15$24,025
Feb 20263632,67563.503.75$33,083
Jan 20261682,37259.138.00$28,905
Dec 20251812,65156.664.41$21,955
Nov 20251802,72258.593.93$21,234
Oct 20251701,97459.383.30$16,618
Sep 202501,65562.743.08$5,092
Aug 20251702,29363.933.01$17,781
Jul 20253432,39866.743.32$30,842
Jun 20251692,48466.483.13$19,007
May 202534612860.553.23$21,364
Apr 202502,41262.363.54$8,546
Mar 20251603,17467.704.27$24,380
Feb 20251742,50170.884.34$23,190
Jan 20253461,81174.324.28$33,463
Dec 2024341068.993.12$23,526
Nov 20241821,75469.052.20$16,423
Oct 20241823,35371.372.28$20,639
Sep 20241763,21669.612.36$19,855
Aug 20243512,87575.632.06$32,479
Jul 20241732,95079.932.15$20,160
Jun 20243423,04978.082.63$34,734
May 202403,37878.812.20$7,426
Apr 20243253,11184.451.66$32,608
Mar 20241903,33780.301.55$20,413
Feb 20243213,44676.091.78$30,571
Jan 20245513,30773.023.30$51,139
Dec 202303,60971.262.61$9,422
Nov 20233513,40077.892.81$36,885
Oct 202303,22085.443.09$9,941
Sep 20233233,47089.042.74$38,251
Aug 20233753,47080.522.67$39,470
Jul 202302,03674.852.64$5,379
Jun 20233121,73868.962.26$25,441
May 20233303,57570.622.23$31,268
Apr 20233253,57378.122.24$33,385
Mar 20233563,43172.852.39$34,146
Feb 202303,16675.112.47$7,806
Jan 20233443,48476.533.39$38,129
Dec 20223453,51576.415.73$46,499
Nov 202203,53885.005.65$19,976
Oct 20223573,23187.185.86$50,069
Sep 20223203,30284.888.16$54,118
Aug 20221803,56494.529.13$49,543
Jul 20223162,954101.587.54$54,379
Jun 20221623,601115.097.98$47,370
May 20223263,664109.378.43$66,553
Apr 20221583,244104.226.84$38,648
Mar 20223173,914108.885.08$54,384
Feb 20224793,54391.054.86$60,828
Jan 202203,13581.844.54$14,226
Dec 20213223,90871.323.90$38,203
Nov 20213203,81677.435.24$44,761
Oct 20214753,94679.795.71$60,447
Sep 20213372,53269.865.35$37,091
Aug 202104,15166.024.22$17,520
Jul 20213364,05970.783.98$39,945
Jun 20213424,30469.493.38$38,316
May 20211541,80663.483.02$15,226
Apr 20213603,87860.362.76$32,427
Mar 20213245,54561.302.72$34,927
Feb 20211821,91057.805.55$21,116
Jan 20213714,73550.412.81$32,009
Dec 20203445,04544.642.68$28,854
Nov 20203582,72038.772.71$21,242
Oct 20203542,19536.972.48$18,528
Sep 20203592,03237.091.99$17,361
Aug 20203852,88239.982.39$22,266
Jul 20203294,73138.371.83$21,258
Jun 20204932,55034.901.69$21,516
May 202002,95616.921.81$5,364
Apr 20201654,31814.751.80$10,225
Mar 20203385,94030.341.86$21,281
Feb 20203625,34849.881.98$28,649
Jan 20203495,82257.252.09$32,176
Dec 20195315,90859.012.30$44,948
Nov 20193635,65755.302.75$35,635
Oct 20193755,42053.472.42$33,160
Sep 20193282,51255.052.66$24,731
Aug 20193095,31053.112.30$28,647
Jul 20195144,74256.272.46$40,588
Jun 20191704,81352.782.49$20,963
May 20193505,00458.482.74$34,181
Apr 20195274,60762.632.75$45,678
Mar 20195105,05656.803.06$44,450
Feb 20193294,02150.852.79$27,957
Jan 20193624,66646.033.23$31,726
Dec 20186895,19946.594.19$53,861
Nov 20184954,41752.934.24$44,916
Oct 20183534,91761.443.40$38,397
Sep 20187135,19959.543.11$58,611
Aug 20186965,30359.403.07$57,604
Jul 20185174,77065.142.93$47,662
Jun 20183543,87460.183.08$33,224
May 20181683,92065.382.90$22,355
Apr 20183654,13563.842.90$35,296
Mar 20185464,92861.222.79$47,160
Feb 20183734,56861.782.77$35,680
Jan 20183704,82762.874.01$42,615
Dec 20175455,01557.272.92$45,864
Nov 20177394,71655.423.12$55,662
Oct 20175124,91349.292.98$39,895
Sep 20175424,84847.523.09$40,723
Aug 20171634,00945.373.00$19,440
Jul 20173484,72943.873.09$29,867
Jun 20173514,70942.493.09$29,452
May 20175385,34945.373.26$41,865
Apr 20173535,01047.933.21$33,009
Mar 20175145,38846.772.98$40,116
Feb 20175184,76450.452.95$40,199
Jan 20175145,19849.413.42$43,168
Dec 20165134,65648.763.72$42,347
Nov 20163525,01342.492.64$28,213
Oct 20165115,52446.193.09$40,674
Sep 20165364,83841.553.10$37,272
Aug 20163534,76741.442.92$28,569
Jul 20163695,24441.622.92$30,693
Jun 20166935,55645.352.69$46,350
May 20167166,20042.521.99$42,789
Apr 20166975,88136.561.99$37,192
Mar 20166905,20633.011.79$32,117
Feb 20166894,59226.472.06$27,714
Jan 20167135,04927.352.36$31,438
Dec 20155646,21932.362.00$30,698
Nov 20155376,21438.792.17$34,298
Oct 20157864,97843.552.43$46,310
Sep 20153634,68842.992.76$28,537
Aug 20155405,93040.162.87$38,720
Jul 20152096,31948.152.95$28,673
Jun 20157177,63156.152.88$62,259
May 20157148,29055.212.96$63,921
Apr 20155358,27449.822.71$49,048
Mar 20151,1258,03942.892.93$71,843
Feb 20156857,67044.662.98$53,419
Jan 20158737,65543.433.10$61,650
Dec 20148818,79954.693.59$79,782
Nov 20148658,64070.464.25$97,684
Oct 20141,1357,16078.303.90$116,801
Sep 20147097,29586.164.05$90,599
Aug 20141,05510,04689.394.04$134,843
Jul 20141,0799,80596.564.18$145,169
Jun 20149148,37198.164.74$129,371
May 20141,0707,27494.734.73$135,742
Apr 20148726,42895.944.81$114,573
Mar 20149568,18695.895.06$133,066
Feb 20145026,56297.406.19$89,527
Jan 20148607,47590.404.86$114,078
Dec 20131,0436,75391.824.35$125,174
Nov 20131,3877,86988.853.74$152,651
Oct 20138867,97897.423.78$116,466
Sep 20131,2126,268104.113.72$149,484
Aug 20131,5858,995104.253.52$196,922
Jul 20131,2057,965102.523.72$153,148
Jun 20131,5987,84994.403.93$181,725
May 20131,6327,10294.834.15$184,229
Apr 20131,0785,70893.964.28$125,734
Mar 20131,4255,38693.623.91$154,483
Feb 20131,0763,85991.233.42$111,361
Jan 20137063,91791.603.42$78,065
Dec 20123111,78286.773.42$33,080
Nov 20121752,47286.953.62$24,177
Oct 20123352,16189.383.40$37,289
Sep 201201,65994.672.92$4,842
Aug 20123312,14192.662.91$36,897
Jul 20123472,08485.133.02$35,835
Jun 201222,94379.822.52$7,573
May 20123502,67391.612.49$38,715
Apr 201202,531101.652.00$5,054
Mar 20125162,825105.052.22$60,483
Feb 201222,788101.102.57$7,368
Jan 20125012,49698.092.73$55,967
Dec 201102,50696.873.24$8,119
Nov 20111692,99095.723.31$26,077
Oct 20111432,96784.983.65$22,977
Sep 20111653,13583.623.99$26,293
Aug 20113243,38783.404.15$41,075
Jul 20111583,31194.144.52$29,831
Jun 20115153,44192.904.64$63,809
May 201103,51598.134.40$15,483
Apr 20113463,791105.964.33$53,090
Mar 201123,73496.364.06$15,343
Feb 20113682,98885.644.18$44,005
Jan 20113493,47186.504.59$46,116
Dec 20101753,43685.734.35$29,942
Nov 20101733,72980.843.80$28,138
Oct 20101753,87078.103.51$27,247
Sep 20103503,76072.633.98$40,383
Aug 20101754,10173.684.42$31,018
Jul 20101623,73472.554.74$29,439
Jun 201003,55170.364.91$17,437

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 2026 — as filed, then multipliedworked
Oil                  165 bbl  × $106.41 =    $17,558
Casinghead gas     2,342 Mcf  × $  3.05 =     $7,133

────────────────────────────────────────────────────
Month total                                  $24,691

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/40003 is the state's own key, not one this site invented.