ATLANTIC UNIVERSITY

Operated by PERIMETER RESOURCE COMPANY (P-5 653651) 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 40692District 08Field 57774275Hydrogen sulphide fieldOilSaveExport
Value, all time
$992 k
May 2009 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
205
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 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
OilDisposition13,696 bbl$992,245
Total$992,245

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 32.1591, -102.7693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15905, -102.76932 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,319 ft
1 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.
1100.0%

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 9,319 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-0033004319,319 ftDec 2007

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 (205)

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

205 months

May 20260106.413.05$0
Apr 202615198.932.87$14,938
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 202515756.664.41$8,896
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202517366.743.32$11,546
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 202416768.993.12$11,521
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 202416669.612.36$11,555
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 202417078.812.20$13,398
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 202416876.091.78$12,783
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 202317277.892.81$13,397
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 202315174.852.64$11,302
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 202315478.122.24$12,030
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 202215576.415.73$11,844
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 202217284.888.16$14,599
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 2022163109.378.43$17,827
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 202217991.054.86$16,298
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 202117979.795.71$14,282
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 202117569.493.38$12,161
May 2021063.483.02$0
Apr 202117260.362.76$10,382
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 202017744.642.68$7,901
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 202017237.091.99$6,379
Aug 2020039.982.39$0
Jul 202017438.371.83$6,676
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 202017130.341.86$5,188
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 201917159.012.30$10,091
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 201917455.052.66$9,579
Aug 2019053.112.30$0
Jul 201916456.272.46$9,228
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 20199750.852.79$4,932
Jan 2019046.033.23$0
Dec 201816146.594.19$7,501
Nov 2018052.934.24$0
Oct 201817061.443.40$10,445
Sep 2018059.543.11$0
Aug 201816659.403.07$9,860
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 201816865.382.90$10,984
Apr 2018063.842.90$0
Mar 201817161.222.79$10,469
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 201717257.272.92$9,850
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 201718647.523.09$8,839
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 201716742.493.09$7,096
May 2017045.373.26$0
Apr 201715947.933.21$7,621
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 201718149.413.42$8,943
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 201616646.193.09$7,668
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 201617541.622.92$7,284
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 201616427.352.36$4,485
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 201516743.552.43$7,273
Sep 2015042.992.76$0
Aug 201517540.162.87$7,028
Jul 2015048.152.95$0
Jun 201517056.152.88$9,546
May 2015055.212.96$0
Apr 201517149.822.71$8,519
Mar 2015042.892.93$0
Feb 201517044.662.98$7,592
Jan 2015043.433.10$0
Dec 201417054.693.59$9,297
Nov 2014070.464.25$0
Oct 201416878.303.90$13,154
Sep 2014086.164.05$0
Aug 201417389.394.04$15,464
Jul 2014096.564.18$0
Jun 201417098.164.74$16,687
May 201417394.734.73$16,388
Apr 2014095.944.81$0
Mar 201418095.895.06$17,260
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 201317391.824.35$15,885
Nov 2013088.853.74$0
Oct 201316197.423.78$15,685
Sep 20130104.113.72$0
Aug 2013163104.253.52$16,993
Jul 2013161102.523.72$16,506
Jun 2013094.403.93$0
May 201316594.834.15$15,647
Apr 2013093.964.28$0
Mar 201317193.623.91$16,009
Feb 2013091.233.42$0
Jan 201317291.603.42$15,755
Dec 2012086.773.42$0
Nov 201215586.953.62$13,477
Oct 201217089.383.40$15,195
Sep 2012094.672.92$0
Aug 201217192.662.91$15,845
Jul 201216285.133.02$13,791
Jun 2012079.822.52$0
May 201217691.612.49$16,123
Apr 20120101.652.00$0
Mar 2012175105.052.22$18,384
Feb 2012174101.102.57$17,591
Jan 2012098.092.73$0
Dec 201117596.873.24$16,952
Nov 2011095.723.31$0
Oct 201119184.983.65$16,231
Sep 201117583.623.99$14,634
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 201117392.904.64$16,072
May 2011098.134.40$0
Apr 2011326105.964.33$34,543
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 201117186.504.59$14,792
Dec 2010085.734.35$0
Nov 201017580.843.80$14,147
Oct 2010078.103.51$0
Sep 201017472.633.98$12,638
Aug 201017273.684.42$12,673
Jul 2010072.554.74$0
Jun 201017370.364.91$12,172
May 201017071.124.24$12,090
Apr 2010081.694.12$0
Mar 201017378.394.39$13,561
Feb 2010073.585.44$0
Jan 201017774.365.96$13,162
Dec 200917371.445.48$12,359
Nov 2009074.593.75$0
Oct 200917372.544.11$12,549
Sep 200917265.543.06$11,273
Aug 2009067.423.22$0
Jul 200916961.133.46$10,331
Jun 20091866.163.90$1,191
May 2009054.743.93$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 2026 — as filed, then multipliedworked
Oil                  151 bbl  × $ 98.93 =    $14,938

────────────────────────────────────────────────────
Month total                                  $14,938

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/40692 is the state's own key, not one this site invented.