UNIVERSITY 18-15

Operated by FDL OPERATING, LLC (P-5 263924) in the CAPRITO (DELAWARE MIDDLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40580District 08Field 15499380Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.2 M
Sep 2010 – Jul 2020
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
119
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 47 leases and 155 wells, and the rule below applies to all of them.

Discovered
1974-12-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2025-06-17.

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: P-15'S, ACREAGE LIST AND LEASE PLAT REQUIRED.

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
OilDisposition23,632 bbl$1,807,050
Casinghead gasProduction109,364 Mcf$365,953
Total$2,173,003

Wells on this lease (1)

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 31.5555, -103.2422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.55551, -103.24218 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,044 ft
1 wells filed one
Completion to plug
8.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 7,044 ft.

Completions filed
Sep 2010
1 of 1 wells
Plug dates filed
Jun 2019
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4753558917,044 ftSep 2010Jun 2019Yes

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 (119)

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

119 months

Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202081014.751.80$1,195
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018184059.543.11$10,955
Aug 20180059.403.07$0
Jul 2018026365.142.93$771
Jun 201817236460.183.08$11,471
May 2018075065.382.90$2,176
Apr 20181771,00963.842.90$14,227
Mar 201816762161.222.79$11,954
Feb 2018043561.782.77$1,203
Jan 20181791,07662.874.01$15,568
Dec 20171811,29857.272.92$14,158
Nov 20171901,20355.423.12$14,281
Oct 20171761,27349.292.98$12,473
Sep 20171771,33447.523.09$12,529
Aug 20171831,17745.373.00$11,839
Jul 201701943.873.09$59
Jun 20171851,09742.493.09$11,247
May 2017047445.373.26$1,547
Apr 20171781,06447.933.21$11,949
Mar 20173322,03446.772.98$21,596
Feb 201701,30950.452.95$3,865
Jan 201710294449.413.42$8,267
Dec 20161971,20748.763.72$14,099
Nov 20161801,22242.492.64$10,880
Oct 20162011,42046.193.09$13,672
Sep 20161851,23141.553.10$11,504
Aug 201618199741.442.92$10,416
Jul 20162611,28441.622.92$14,618
Jun 2016077645.352.69$2,084
May 20161471,61442.521.99$9,464
Apr 20161481,43336.561.99$8,264
Mar 20161851,52133.011.79$8,836
Feb 20162061,21226.472.06$7,954
Jan 20161281,40327.352.36$6,818
Dec 20152451,34432.362.00$10,618
Nov 201527996938.792.17$12,923
Oct 20152281,50943.552.43$13,591
Sep 20152161,17642.992.76$12,530
Aug 20151371,23640.162.87$9,052
Jul 201510045048.152.95$6,140
Jun 20152021,29456.152.88$15,073
May 20152741,18255.212.96$18,621
Apr 2015931,19049.822.71$7,854
Mar 20151821,36442.892.93$11,809
Feb 20152541,36544.662.98$15,406
Jan 2015911,53443.433.10$8,709
Dec 20144321,42954.693.59$28,758
Nov 20141101,32870.464.25$13,397
Oct 20141091,60978.303.90$14,811
Sep 20143441,53886.164.05$35,861
Aug 20142121,51689.394.04$25,068
Jul 20142021,65796.564.18$26,431
Jun 20141901,61398.164.74$26,291
May 20141891,34394.734.73$24,252
Apr 20141921,03195.944.81$23,379
Mar 20142841,03895.895.06$32,482
Feb 20149161597.406.19$12,671
Jan 20141801,49090.404.86$23,514
Dec 20133652,05991.824.35$42,480
Nov 20133711,57988.853.74$38,866
Oct 20131331,89997.423.78$20,134
Sep 20133141,476104.113.72$38,178
Aug 2013218867104.253.52$25,781
Jul 2013219813102.523.72$25,474
Jun 20133011,48894.403.93$34,267
May 20135769294.834.15$8,276
Apr 2013138093.964.28$12,966
Mar 201316572693.623.91$18,288
Feb 201329463991.233.42$29,007
Jan 201322055791.603.42$22,057
Dec 20123981,18186.773.42$38,574
Nov 201216783386.953.62$17,540
Oct 20122531,85189.383.40$28,906
Sep 20123231,24494.672.92$34,209
Aug 20122641,04492.662.91$27,498
Jul 20122631,87485.133.02$28,050
Jun 201245783279.822.52$38,574
May 2012881,36191.612.49$11,448
Apr 20123461,390101.652.00$37,946
Mar 20122481,919105.052.22$30,317
Feb 20124251,400101.102.57$46,566
Jan 20121761,60598.092.73$21,652
Dec 20115261,28696.873.24$55,120
Nov 20112771,10695.723.31$30,177
Oct 20113601,50984.983.65$36,098
Sep 20113871,45383.623.99$38,152
Aug 20114671,57683.404.15$45,487
Jul 20113881,79094.144.52$44,612
Jun 20117501,68992.904.64$77,512
May 201131535198.134.40$32,457
Apr 201100105.964.33$0
Mar 201167736796.364.06$66,725
Feb 201136216785.644.18$31,700
Jan 20115471,12986.504.59$52,496
Dec 20101,08495685.734.35$97,088
Nov 201054879280.843.80$47,306
Oct 20106871,17578.103.51$57,778
Sep 201053580572.633.98$42,061

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 2020 — as filed, then multipliedworked
Oil                   81 bbl  × $ 14.75 =     $1,195
Casinghead gas         0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                   $1,195

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/40580 is the state's own key, not one this site invented.