UNIVERSITY 27

Operated by BROWNING OIL COMPANY, INC. (P-5 103088) in the BLOCK 12 (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40762District 08Field 09250200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.1 M
Oct 2010 – Feb 2018
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
89
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 15 leases and 25 wells, and the rule below applies to all of them.

Discovered
1946-11-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,100 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres.

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.

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
OilDisposition12,474 bbl$991,953
Casinghead gasProduction45,765 Mcf$156,832
Total$1,148,785

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 32.2214, -102.8541. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22139, -102.85414 · 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
0.0%
0 of 1 wells
Median depth
8,506 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
1100.0%
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

The one well that filed a depth was drilled to 8,506 ft.

Completions filed
Jan 2020
1 of 1 wells

1 well

42-0034183718,506 ftJan 2020Yes

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 (89)

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

89 months

Feb 20180061.782.77$0
Jan 2018152062.874.01$9,556
Dec 20171838457.272.92$10,726
Nov 201718336055.423.12$11,264
Oct 2017037249.292.98$1,110
Sep 201718336047.523.09$9,808
Aug 201718237245.373.00$9,375
Jul 2017037243.873.09$1,148
Jun 201718536042.493.09$8,972
May 2017020445.373.26$666
Apr 2017036047.933.21$1,156
Mar 2017034846.772.98$1,038
Feb 201718631250.452.95$10,305
Jan 2017033649.413.42$1,149
Dec 2016030048.763.72$1,117
Nov 2016036042.492.64$952
Oct 201615237246.193.09$8,170
Sep 2016034841.553.10$1,079
Aug 2016037241.442.92$1,088
Jul 2016030041.622.92$877
Jun 201618342045.352.69$9,427
May 2016045042.521.99$896
Apr 2016043536.561.99$866
Mar 201618243533.011.79$6,788
Feb 201617944926.472.06$5,665
Jan 2016040327.352.36$953
Dec 2015043132.362.00$863
Nov 2015052738.792.17$1,142
Oct 2015060543.552.43$1,468
Sep 201536559542.992.76$17,333
Aug 2015065940.162.87$1,893
Jul 201518066148.152.95$10,614
Jun 2015068856.152.88$1,983
May 201518457755.212.96$11,864
Apr 2015058149.822.71$1,573
Mar 201518558242.892.93$9,643
Feb 201518755544.662.98$10,003
Jan 2015032743.433.10$1,014
Dec 2014053654.693.59$1,925
Nov 2014049170.464.25$2,088
Oct 201436948678.303.90$30,789
Sep 2014072486.164.05$2,929
Aug 201418691489.394.04$20,315
Jul 2014068896.564.18$2,876
Jun 201418663298.164.74$21,251
May 201418844894.734.73$19,927
Apr 2014033295.944.81$1,597
Mar 201418539495.895.06$19,732
Feb 2014039997.406.19$2,471
Jan 201418652590.404.86$19,366
Dec 2013150991.824.35$2,308
Nov 201318852888.853.74$18,678
Oct 201318272297.423.78$20,459
Sep 2013182740104.113.72$21,699
Aug 2013177513104.253.52$20,259
Jul 2013013102.523.72$48
Jun 201318668494.403.93$20,249
May 2013022794.834.15$942
Apr 2013012793.964.28$544
Mar 201318450693.623.91$19,206
Feb 201318249791.233.42$18,304
Jan 201318767291.603.42$19,427
Dec 201218544686.773.42$17,578
Nov 201217266486.953.62$17,362
Oct 201236770289.383.40$35,189
Sep 20123671,17094.672.92$38,158
Aug 201218254692.662.91$18,452
Jul 201235947085.133.02$31,981
Jun 201218378379.822.52$16,579
May 201217873791.612.49$18,140
Apr 2012181555101.652.00$19,507
Mar 2012197472105.052.22$21,744
Feb 20120118101.102.57$303
Jan 20121761,09898.092.73$20,266
Dec 201154598096.873.24$55,969
Nov 201118439195.723.31$18,907
Oct 201117560884.983.65$17,090
Sep 20111781,19983.623.99$19,663
Aug 20117101,31983.404.15$64,687
Jul 2011027794.144.52$1,251
Jun 201135766592.904.64$36,251
May 2011016198.134.40$709
Apr 2011098105.964.33$425
Mar 201135081096.364.06$37,012
Feb 20111705285.644.18$14,776
Jan 201135773386.504.59$34,244
Dec 20103641,16385.734.35$36,262
Nov 20107161,66780.843.80$64,208
Oct 2010130278.103.51$1,138

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.

Jan 2018 — as filed, then multipliedworked
Oil                  152 bbl  × $ 62.87 =     $9,556
Casinghead gas         0 Mcf  × $  4.01 =         $0

────────────────────────────────────────────────────
Month total                                   $9,556

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/40762 is the state's own key, not one this site invented.