UNIVERSITY 19-5

Name: UNIVERSITY 19-5 lease production and value, Oct 2010 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40552District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$13.9 M

Oct 2010 – Jul 2017

Value, last 12 filed months

$227 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The PHANTOM (WOLFCAMP) 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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered

1983-06-23

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 20 acres. The field rule took effect on 2017-08-01.

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 THE FOLLOWING API 389-37515.”

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	162,195 bbl	$13,233,315
Casinghead gas	Production	200,029 Mcf	$699,867
Total			$13,933,182

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 31.7116, -103.4536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.71162, -103.45363 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

14,608 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 11,315 and 17,900 ft, median 14,608 ft, over the 2 wells that filed a depth.

Completions filed

Oct 2010 – Jan 2023

2 of 2 wells

2 wells


42-30131185	1	17,900 ft	Jan 2023	—	Yes
42-30131549	2H	11,315 ft	Oct 2010	—	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 (82)

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

82 months


Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	1,487	1,282	46.19	3.09	$72,646
Sep 2016	1,893	2,246	41.55	3.10	$85,618
Aug 2016	1,489	2,285	41.44	2.92	$68,386
Jul 2016	938	1,512	41.62	2.92	$43,461
Jun 2016	1,124	1,418	45.35	2.69	$54,782
May 2016	2,081	2,616	42.52	1.99	$93,693
Apr 2016	2,096	2,807	36.56	1.99	$82,219
Mar 2016	1,894	2,392	33.01	1.79	$66,812
Feb 2016	2,031	2,129	26.47	2.06	$58,154
Jan 2016	2,626	3,352	27.35	2.36	$79,746
Dec 2015	0	115	32.36	2.00	$230
Nov 2015	553	569	38.79	2.17	$22,684
Oct 2015	1,479	1,989	43.55	2.43	$69,237
Sep 2015	1,631	1,839	42.99	2.76	$75,189
Aug 2015	1,287	1,380	40.16	2.87	$55,650
Jul 2015	1,801	1,936	48.15	2.95	$92,420
Jun 2015	1,581	2,045	56.15	2.88	$94,669
May 2015	1,478	1,644	55.21	2.96	$86,459
Apr 2015	1,099	1,185	49.82	2.71	$57,959
Mar 2015	1,875	2,332	42.89	2.93	$87,262
Feb 2015	1,446	2,061	44.66	2.98	$70,712
Jan 2015	736	1,642	43.43	3.10	$37,056
Dec 2014	574	177	54.69	3.59	$32,028
Nov 2014	940	1,232	70.46	4.25	$71,471
Oct 2014	1,820	1,676	78.30	3.90	$149,044
Sep 2014	1,687	2,111	86.16	4.05	$153,892
Aug 2014	1,096	1,670	89.39	4.04	$104,710
Jul 2014	1,689	1,591	96.56	4.18	$169,740
Jun 2014	1,494	1,769	98.16	4.74	$155,031
May 2014	1,830	2,172	94.73	4.73	$183,622
Apr 2014	933	1,397	95.94	4.81	$96,230
Mar 2014	1,898	1,012	95.89	5.06	$187,117
Feb 2014	1,352	691	97.40	6.19	$135,963
Jan 2014	1,942	709	90.40	4.86	$179,003
Dec 2013	1,719	1,559	91.82	4.35	$164,627
Nov 2013	1,947	1,413	88.85	3.74	$178,273
Oct 2013	2,086	1,181	97.42	3.78	$207,682
Sep 2013	1,789	2,168	104.11	3.72	$194,313
Aug 2013	2,008	3,042	104.25	3.52	$220,050
Jul 2013	1,847	2,995	102.52	3.72	$200,489
Jun 2013	1,903	2,228	94.40	3.93	$188,407
May 2013	1,501	1,894	94.83	4.15	$150,198
Apr 2013	1,802	2,547	93.96	4.28	$180,224
Mar 2013	1,853	2,678	93.62	3.91	$183,957
Feb 2013	2,037	2,605	91.23	3.42	$194,744
Jan 2013	2,178	2,851	91.60	3.42	$209,255
Dec 2012	2,416	2,897	86.77	3.42	$219,545
Nov 2012	1,943	2,110	86.95	3.62	$176,593
Oct 2012	707	791	89.38	3.40	$65,881
Sep 2012	2,129	2,536	94.67	2.92	$208,953
Aug 2012	2,214	2,987	92.66	2.91	$213,836
Jul 2012	2,560	3,206	85.13	3.02	$227,617
Jun 2012	2,728	3,808	79.82	2.52	$227,341
May 2012	2,789	5,193	91.61	2.49	$268,422
Apr 2012	2,940	4,817	101.65	2.00	$308,470
Mar 2012	3,495	5,515	105.05	2.22	$379,405
Feb 2012	4,075	3,985	101.10	2.57	$422,225
Jan 2012	1,713	1,193	98.09	2.73	$171,290
Dec 2011	1,364	1,067	96.87	3.24	$135,587
Nov 2011	1,620	1,716	95.72	3.31	$160,749
Oct 2011	897	810	84.98	3.65	$79,182
Sep 2011	2,021	2,298	83.62	3.99	$178,155
Aug 2011	3,847	4,558	83.40	4.15	$339,752
Jul 2011	2,624	2,421	94.14	4.52	$257,960
Jun 2011	4,469	5,521	92.90	4.64	$440,787
May 2011	6,657	8,593	98.13	4.40	$691,102
Apr 2011	4,128	4,305	105.96	4.33	$456,058
Mar 2011	5,547	5,736	96.36	4.06	$557,782
Feb 2011	4,129	3,639	85.64	4.18	$368,819
Jan 2011	5,968	5,362	86.50	4.59	$540,837
Dec 2010	6,751	6,572	85.73	4.35	$607,337
Nov 2010	7,662	14,034	80.84	3.80	$672,660
Oct 2010	2,252	10,215	78.10	3.51	$211,725

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.

Oct 2016 — as filed, then multipliedworked

Oil                1,487 bbl  × $ 46.19 =    $68,685
Casinghead gas     1,282 Mcf  × $  3.09 =     $3,962

────────────────────────────────────────────────────
Month total                                  $72,646

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/40552 is the state's own key, not one this site invented.