UNIVERSITY 24A

Operated by CONTANGO RESOURCES, LLC (P-5 100222) in the FUHRMAN-MASCHO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40190District 08Field 33176001Hydrogen sulphide fieldOilSaveExport
Value, all time
$1.6 M
Apr 2010 – May 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
158
no gaps in the span
Streams
1
oil

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 510 leases and 5,228 wells, and the rule below applies to all of them.

Discovered
1930-12-31
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 5 acres. The field rule took effect on 2008-10-20.

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: ANDRES RESERVOIRS.

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
OilDisposition22,088 bbl$1,590,965
Total$1,590,965

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 32.1647, -102.6495. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.16475, -102.64945 · 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
100.0%
2 of 2 wells
Median depth
4,727 ft
2 wells filed one
Completion to plug
7.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 4,706 and 4,747 ft, median 4,727 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2010 – Nov 2011
2 of 2 wells
Plug dates filed
Jun 2014 – Feb 2023
2 of 2 wells

Last completion to plug: a median of 7.8 years across the 2 wells that filed both dates, with the middle half between 5.2 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0034346134,747 ftNov 2011Jun 2014Yes
42-0034106814,706 ftApr 2010Feb 2023Yes

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 (158)

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

158 months

May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 202124071.323.90$17,117
Nov 202124077.435.24$18,583
Oct 202124379.795.71$19,389
Sep 202127069.865.35$18,862
Aug 202127066.024.22$17,825
Jul 202125070.783.98$17,695
Jun 202121069.493.38$14,593
May 202114063.483.02$8,887
Apr 202113960.362.76$8,390
Mar 202113261.302.72$8,092
Feb 202113157.805.55$7,572
Jan 202112850.412.81$6,452
Dec 202012644.642.68$5,625
Nov 202012538.772.71$4,846
Oct 202012436.972.48$4,584
Sep 202012237.091.99$4,525
Aug 202012139.982.39$4,838
Jul 202012138.371.83$4,643
Jun 202011934.901.69$4,153
May 2020016.921.81$0
Apr 202039614.751.80$5,841
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 201913755.302.75$7,576
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 201914256.272.46$7,990
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 201911862.632.75$7,390
Mar 2019056.803.06$0
Feb 201915650.852.79$7,933
Jan 2019046.033.23$0
Dec 201817346.594.19$8,060
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 201817359.543.11$10,300
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 201815765.382.90$10,265
Apr 2018063.842.90$0
Mar 201818761.222.79$11,448
Feb 2018061.782.77$0
Jan 201815662.874.01$9,808
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 201714649.292.98$7,196
Sep 201715647.523.09$7,413
Aug 2017045.373.00$0
Jul 201714443.873.09$6,317
Jun 2017042.493.09$0
May 201716445.373.26$7,441
Apr 2017047.933.21$0
Mar 201715446.772.98$7,203
Feb 201715250.452.95$7,668
Jan 2017049.413.42$0
Dec 201612348.763.72$5,997
Nov 201616542.492.64$7,011
Oct 201616346.193.09$7,529
Sep 201616141.553.10$6,690
Aug 2016041.442.92$0
Jul 201616341.622.92$6,784
Jun 201617645.352.69$7,982
May 201616542.521.99$7,016
Apr 2016036.561.99$0
Mar 201615533.011.79$5,117
Feb 201629026.472.06$7,676
Jan 201614127.352.36$3,856
Dec 201516232.362.00$5,242
Nov 201514838.792.17$5,741
Oct 201514843.552.43$6,445
Sep 201514742.992.76$6,320
Aug 201515440.162.87$6,185
Jul 201510748.152.95$5,152
Jun 201514056.152.88$7,861
May 2015055.212.96$0
Apr 201512249.822.71$6,078
Mar 201520742.892.93$8,878
Feb 20159344.662.98$4,153
Jan 2015043.433.10$0
Dec 20148054.693.59$4,375
Nov 201416270.464.25$11,415
Oct 201437678.303.90$29,441
Sep 201415686.164.05$13,441
Aug 201415389.394.04$13,677
Jul 201415296.564.18$14,677
Jun 201414798.164.74$14,430
May 201431894.734.73$30,124
Apr 201413695.944.81$13,048
Mar 201415395.895.06$14,671
Feb 201429297.406.19$28,441
Jan 201427490.404.86$24,770
Dec 201323491.824.35$21,486
Nov 201325188.853.74$22,301
Oct 201312997.423.78$12,567
Sep 2013131104.113.72$13,638
Aug 201358104.253.52$6,047
Jul 201357102.523.72$5,844
Jun 201314194.403.93$13,310
May 201315494.834.15$14,604
Apr 201316993.964.28$15,879
Mar 20137693.623.91$7,115
Feb 201324191.233.42$21,986
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 20126686.953.62$5,739
Oct 2012089.383.40$0
Sep 20128394.672.92$7,858
Aug 201210592.662.91$9,729
Jul 201212485.133.02$10,556
Jun 2012079.822.52$0
May 201210791.612.49$9,802
Apr 2012455101.652.00$46,251
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 201230898.092.73$30,212
Dec 201160996.873.24$58,994
Nov 201128495.723.31$27,184
Oct 2011084.983.65$0
Sep 201134383.623.99$28,682
Aug 201126583.404.15$22,101
Jul 201145594.144.52$42,834
Jun 201114592.904.64$13,471
May 201144198.134.40$43,275
Apr 2011289105.964.33$30,622
Mar 201131196.364.06$29,968
Feb 201130285.644.18$25,863
Jan 201128886.504.59$24,912
Dec 201054785.734.35$46,894
Nov 201020180.843.80$16,249
Oct 201022678.103.51$17,651
Sep 201042872.633.98$31,086
Aug 201066973.684.42$49,292
Jul 201026772.554.74$19,371
Jun 201062570.364.91$43,975
May 201055671.124.24$39,543
Apr 201045781.694.12$37,332

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.

Dec 2021 — as filed, then multipliedworked
Oil                  240 bbl  × $ 71.32 =    $17,117

────────────────────────────────────────────────────
Month total                                  $17,117

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/40190 is the state's own key, not one this site invented.