UNIVERSITY 48B

Operated by MONTARE OPERATING, LTD. (P-5 577015) 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 40326District 08Field 33176001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.6 M
Mar 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
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 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
OilDisposition24,027 bbl$1,577,939
Casinghead gasProduction10,101 Mcf$34,077
Total$1,612,015

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 32.3286, -102.7053. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.32787, -102.70471 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
4,952 ft
3 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.
3100.0%

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 4,849 and 4,967 ft, median 4,952 ft, over the 3 wells that filed a depth.

Completions filed
Mar 2010 – Jun 2014
3 of 3 wells

3 wells

42-0034587874,967 ftJun 2014
42-0034587984,952 ftApr 2014
42-0034133614,849 ftMar 2010

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 (195)

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

195 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023291678.122.24$2,301
Mar 2023282772.852.39$2,104
Feb 202327075.112.47$2,028
Jan 202329076.533.39$2,219
Dec 202227076.415.73$2,063
Nov 202228085.005.65$2,380
Oct 202236087.185.86$3,138
Sep 202268084.888.16$5,772
Aug 20221094.529.13$95
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022530108.885.08$5,771
Feb 202247091.054.86$4,279
Jan 202245081.844.54$3,683
Dec 202146071.323.90$3,281
Nov 202150077.435.24$3,872
Oct 202151079.795.71$4,069
Sep 202163069.865.35$4,401
Aug 202166066.024.22$4,357
Jul 202162070.783.98$4,388
Jun 202161069.493.38$4,239
May 202163063.483.02$3,999
Apr 202174060.362.76$4,467
Mar 202173061.302.72$4,475
Feb 202161057.805.55$3,526
Jan 202176050.412.81$3,831
Dec 202074044.642.68$3,303
Nov 202015038.772.71$582
Oct 2020713636.972.48$2,714
Sep 2020693637.091.99$2,631
Aug 2020724239.982.39$2,979
Jul 2020714438.371.83$2,805
Jun 2020613634.901.69$2,190
May 2020731416.921.81$1,261
Apr 202069914.751.80$1,034
Mar 202075630.341.86$2,287
Feb 202063649.881.98$3,154
Jan 202067757.252.09$3,850
Dec 201967059.012.30$3,954
Nov 201966755.302.75$3,669
Oct 2019951753.472.42$5,121
Sep 2019961955.052.66$5,335
Aug 2019994253.112.30$5,355
Jul 2019973656.272.46$5,547
Jun 2019804452.782.49$4,332
May 2019884458.482.74$5,267
Apr 2019983662.632.75$6,237
Mar 20191517056.803.06$8,791
Feb 20191515750.852.79$7,838
Jan 20191636546.033.23$7,713
Dec 20181517146.594.19$7,332
Nov 20181356852.934.24$7,434
Oct 20181528961.443.40$9,641
Sep 20181429859.543.11$8,759
Aug 201813910359.403.07$8,572
Jul 201816511165.142.93$11,074
Jun 20181456760.183.08$8,932
May 20181795965.382.90$11,874
Apr 20182515963.842.90$16,195
Mar 20182947161.222.79$18,197
Feb 20182585561.782.77$16,091
Jan 20182776162.874.01$17,660
Dec 20172994957.272.92$17,267
Nov 201727411355.423.12$15,537
Oct 201728613249.292.98$14,491
Sep 201731514247.523.09$15,407
Aug 201728713945.373.00$13,439
Jul 201725813543.873.09$11,735
Jun 20171809642.493.09$7,945
May 20172159945.373.26$10,078
Apr 20172557347.933.21$12,457
Mar 20172559546.772.98$12,210
Feb 20171706050.452.95$8,754
Jan 20171616649.413.42$8,181
Dec 20161556148.763.72$7,785
Nov 20161537742.492.64$6,705
Oct 20161786646.193.09$8,426
Sep 20161377841.553.10$5,934
Aug 201615711141.442.92$6,831
Jul 201616813441.622.92$7,384
Jun 201614912445.352.69$7,090
May 201616216442.521.99$7,215
Apr 201616821136.561.99$6,562
Mar 201617310533.011.79$5,899
Feb 201618811026.472.06$5,203
Jan 201626717327.352.36$7,711
Dec 201519910632.362.00$6,652
Nov 201521611038.792.17$8,617
Oct 20152539943.552.43$11,258
Sep 20152202342.992.76$9,521
Aug 201524913140.162.87$10,376
Jul 201525717348.152.95$12,884
Jun 20152209456.152.88$12,624
May 201522110255.212.96$12,503
Apr 20152128249.822.71$10,784
Mar 20153235342.892.93$14,009
Feb 20153256044.662.98$14,693
Jan 20155413543.433.10$23,604
Dec 20143543854.693.59$19,497
Nov 20144464670.464.25$31,621
Oct 20144204678.303.90$33,065
Sep 20144996786.164.05$43,265
Aug 201460715989.394.04$54,901
Jul 20144147096.564.18$40,268
Jun 20146392098.164.74$62,819
May 20144852894.734.73$46,076
Apr 20142693395.944.81$25,967
Mar 2014264695.895.06$2,726
Feb 2014264297.406.19$2,792
Jan 2014353690.404.86$3,339
Dec 2013404991.824.35$3,886
Nov 2013626488.853.74$5,748
Oct 2013769397.423.78$7,755
Sep 201394102104.113.72$10,166
Aug 201370121104.253.52$7,724
Jul 201393116102.523.72$9,966
Jun 20138410794.403.93$8,350
May 2013781,10694.834.15$11,986
Apr 201313131593.964.28$13,658
Mar 20132214093.623.91$20,847
Feb 20131765791.233.42$16,251
Jan 20131804691.603.42$16,645
Dec 20123102886.773.42$26,994
Nov 20121992986.953.62$17,408
Oct 2012210489.383.40$18,783
Sep 2012632394.672.92$6,031
Aug 2012923092.662.91$8,612
Jul 20121433085.133.02$12,264
Jun 20121163279.822.52$9,340
May 20121024091.612.49$9,444
Apr 20127631101.652.00$7,787
Mar 20127525105.052.22$7,934
Feb 20127884101.102.57$8,102
Jan 2012836398.092.73$8,314
Dec 2011692596.873.24$6,765
Nov 2011803195.723.31$7,760
Oct 2011883784.983.65$7,613
Sep 2011705983.623.99$6,089
Aug 2011906083.404.15$7,755
Jul 2011709194.144.52$7,001
Jun 2011765992.904.64$7,334
May 2011723398.134.40$7,211
Apr 201115057105.964.33$16,141
Mar 20111627496.364.06$15,911
Feb 20111014385.644.18$8,829
Jan 20112126686.504.59$18,641
Dec 201021111185.734.35$18,572
Nov 201018212880.843.80$15,199
Oct 201018713978.103.51$15,092
Sep 201018211472.633.98$13,672
Aug 201027520973.684.42$21,186
Jul 201046211472.554.74$34,058
Jun 20104877670.364.91$34,639
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$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.

Apr 2023 — as filed, then multipliedworked
Oil                   29 bbl  × $ 78.12 =     $2,265
Casinghead gas        16 Mcf  × $  2.24 =        $36

────────────────────────────────────────────────────
Month total                                   $2,301

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/40326 is the state's own key, not one this site invented.