UNIVERSITY 1801

Operated by MONTARE OPERATING, LTD. (P-5 577015) in the SHAFTER LAKE, N. (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 41503District 08Field 82572666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$38.7 M
May 2011 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
181
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 77 leases and 314 wells, and the rule below applies to all of them.

Discovered
1952-10-03
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 2015-01-27.

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: AMENDED, P15'S, ACRES 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
OilDisposition517,146 bbl$37,553,255
Casinghead gasProduction322,192 Mcf$1,165,431
Total$38,718,686

Wells on this lease (20)

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 32.4279, -102.6655. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.42788, -102.66553 · 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 20 wells
With a plug date
0.0%
0 of 20 wells
Median depth
4,974 ft
20 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.
20100.0%

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

Total depth in feet, 20 of 20 wells. Median 4,974 ft, with the middle half between 4,958 and 4,996 ft; the shallowest is 4,852 ft and the deepest 5,024 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 20 of 20 wells, Jan 1991 – Mar 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1991 – Mar 2014
20 of 20 wells

20 wells

42-00345787234,950 ftMar 2014
42-00345793224,970 ftMar 2014
42-00345561174,943 ftNov 2013
42-00345466165,019 ftNov 2013
42-00345510134,998 ftNov 2013
42-00345502145,024 ftNov 2013
42-00345563205,000 ftOct 2013
42-00345562195,012 ftOct 2013
42-00345426124,978 ftAug 2013
42-00345443104,967 ftJul 2013
42-0034544064,995 ftJul 2013
42-0034522084,966 ftJul 2013
42-00345246114,960 ftJun 2013
42-0034537494,970 ftJun 2013
42-0034496674,935 ftApr 2013
42-00344965154,978 ftMar 2013
42-0034496754,978 ftMar 2013
42-0034452844,985 ftSep 2012
42-0033695018024,852 ftAug 1991
42-0033684814,852 ftJan 1991

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 (181)

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

181 months

May 20262,1341,811106.413.05$232,595
Apr 20262,2121,51998.932.87$223,192
Mar 20262,3051,51889.753.15$211,655
Feb 20261,9851,50163.503.75$131,677
Jan 20262,1451,56159.138.00$139,319
Dec 20252,3312,08956.664.41$141,294
Nov 20252,1611,90458.593.93$134,089
Oct 20252,4472,32959.383.30$153,000
Sep 20252,0151,96662.743.08$132,470
Aug 20252,5292,39363.933.01$168,893
Jul 20251,8731,67066.743.32$130,540
Jun 20252,0272,00866.483.13$141,037
May 20252,25985460.553.23$139,543
Apr 20252,4591,58762.363.54$158,966
Mar 20252,1532,00667.704.27$154,320
Feb 20251,5241,54070.884.34$114,706
Jan 20251,6231,70374.324.28$127,908
Dec 20241,68482968.993.12$118,767
Nov 20241,6351,64569.052.20$116,513
Oct 20241,8561,84471.372.28$136,670
Sep 20241,5471,37069.612.36$110,926
Aug 20241,5941,31775.632.06$123,272
Jul 20241,53634579.932.15$123,513
Jun 20241,58334678.082.63$124,512
May 20241,45517178.812.20$115,044
Apr 20241,519084.451.66$128,280
Mar 20241,75226780.301.55$141,098
Feb 20241,2271,13476.091.78$95,385
Jan 20241,17557073.023.30$87,678
Dec 20231,2871,21471.262.61$94,881
Nov 20231,31397977.892.81$105,018
Oct 20231,4031,27985.443.09$123,821
Sep 20231,6741,49389.042.74$153,136
Aug 20231,64497680.522.67$134,984
Jul 20231,1801,03774.852.64$91,063
Jun 20231,01145268.962.26$70,739
May 20231,20495970.622.23$87,163
Apr 20231,2281,14078.122.24$98,482
Mar 20231,3131,24672.852.39$98,634
Feb 20231,4051,04875.112.47$108,114
Jan 20231,4061,36976.533.39$112,239
Dec 20221,5321,51576.415.73$125,740
Nov 20221,9501,49685.005.65$174,197
Oct 20222,1731,85587.185.86$200,319
Sep 20222,3112,03684.888.16$212,779
Aug 20222,0592,19294.529.13$214,623
Jul 20221,9241,570101.587.54$207,281
Jun 20221,8161,536115.097.98$221,256
May 20221,5971,608109.378.43$188,224
Apr 20221,6841,608104.226.84$186,501
Mar 20222,0681,494108.885.08$232,748
Feb 20221,5441,49491.054.86$147,840
Jan 20221,4231,49481.844.54$123,238
Dec 20212,0361,47071.323.90$150,939
Nov 20211,7551,58177.435.24$144,169
Oct 20211,6611,49079.795.71$141,045
Sep 20211,7571,60369.865.35$131,322
Aug 20211,9131,14666.024.22$131,133
Jul 20212,1451,57670.783.98$158,099
Jun 20212,2111,32269.493.38$158,112
May 20211,38491663.483.02$90,621
Apr 20211,31393360.362.76$81,826
Mar 20211,3641,00661.302.72$86,346
Feb 20211,0321,09057.805.55$65,697
Jan 20211,2571,09050.412.81$66,429
Dec 20201,4941,29244.642.68$70,149
Nov 20201,2861,06238.772.71$52,733
Oct 20201,3161,30536.972.48$51,887
Sep 20201,3111,30537.091.99$51,223
Aug 20201,3841,26439.982.39$58,347
Jul 20201,3481,41138.371.83$54,298
Jun 20201,3191,25234.901.69$48,149
May 20201,3901,32616.921.81$25,925
Apr 20201,3861,21314.751.80$22,632
Mar 20201,4681,30730.341.86$46,965
Feb 20201,37481549.881.98$70,149
Jan 20201,5131,19457.252.09$89,120
Dec 20191,550059.012.30$91,466
Nov 20191,6051,19455.302.75$92,041
Oct 20191,7841,36553.472.42$98,692
Sep 20191,7901,31955.052.66$102,044
Aug 20191,9111,41553.112.30$104,754
Jul 20191,9391,36056.272.46$112,453
Jun 20191,5731,13952.782.49$85,860
May 20191,6801,13958.482.74$101,368
Apr 20191,6711,17762.632.75$107,892
Mar 20191,7601,34056.803.06$104,071
Feb 20191,64469550.852.79$85,538
Jan 20191,8561,53846.033.23$90,397
Dec 20181,9671,47946.594.19$97,833
Nov 20181,9551,40552.934.24$109,431
Oct 20181,9951,60461.443.40$128,023
Sep 20181,9881,71659.543.11$123,699
Aug 20182,0591,07959.403.07$125,613
Jul 20181,8111,01765.142.93$120,950
Jun 20181,9311,53160.183.08$120,918
May 20181,97397865.382.90$131,832
Apr 20182,0481,34263.842.90$134,637
Mar 20182,2911,70861.222.79$145,015
Feb 20182,2471,46361.782.77$142,866
Jan 20182,4151,58062.874.01$158,166
Dec 20172,2431,96557.272.92$134,197
Nov 20172,0441,40355.423.12$117,654
Oct 20172,5652,13849.292.98$132,808
Sep 20172,5482,15447.523.09$127,731
Aug 20173,0462,19945.373.00$144,804
Jul 20172,8862,33443.873.09$133,815
Jun 20172,7752,24142.493.09$124,828
May 20172,9412,02045.373.26$140,025
Apr 20172,9072,10447.933.21$146,090
Mar 20173,0092,49146.772.98$148,163
Feb 20172,7191,98850.452.95$143,043
Jan 20173,4032,50249.413.42$176,696
Dec 20163,4382,66148.763.72$177,543
Nov 20163,5052,82442.492.64$156,395
Oct 20163,9463,14146.193.09$191,972
Sep 20163,7583,04741.553.10$165,593
Aug 20164,5303,09841.442.92$196,783
Jul 20164,7853,95541.622.92$210,717
Jun 20163,7952,96245.352.69$180,059
May 20163,1442,36242.521.99$138,386
Apr 20163,2392,44136.561.99$123,278
Mar 20163,5452,58733.011.79$121,662
Feb 20163,4152,32126.472.06$95,185
Jan 20163,7642,62327.352.36$109,147
Dec 20153,6832,71232.362.00$124,610
Nov 20153,4792,54138.792.17$140,458
Oct 20153,8742,72343.552.43$175,320
Sep 20153,7911,98742.992.76$168,456
Aug 20153,5502,20140.162.87$148,890
Jul 20153,3772,30748.152.95$169,397
Jun 20153,7572,46756.152.88$218,068
May 20153,7802,69955.212.96$216,671
Apr 20154,2072,66249.822.71$216,798
Mar 20154,4142,40742.892.93$196,380
Feb 20154,0052,54744.662.98$186,444
Jan 20154,6954,04443.433.10$216,443
Dec 20145,0893,89254.693.59$292,295
Nov 20145,4254,26170.464.25$400,363
Oct 20145,4654,70678.303.90$446,267
Sep 20145,7584,24386.164.05$513,274
Aug 20146,3634,68489.394.04$587,689
Jul 20147,4124,63696.564.18$735,079
Jun 20147,5585,32898.164.74$767,131
May 20149,1714,87094.734.73$891,787
Apr 201410,6682,53595.944.81$1,035,679
Mar 201416,4088,03095.895.06$1,613,969
Feb 201411,1035,69497.406.19$1,116,689
Jan 201414,1787,30090.404.86$1,317,174
Dec 201317,8336,75291.824.35$1,666,828
Nov 201315,2592,88188.853.74$1,366,532
Oct 201315,8493,71397.423.78$1,558,042
Sep 201311,1364,940104.113.72$1,177,735
Aug 201313,0234,363104.253.52$1,373,017
Jul 20136,1732,286102.523.72$641,355
Jun 20132,3261,09894.403.93$223,893
May 20134,0662,28594.834.15$395,059
Apr 20134,83067593.964.28$456,718
Mar 20132,79076393.623.91$264,185
Feb 20131,38122091.233.42$126,741
Jan 20131,77628491.603.42$163,653
Dec 20121,83911186.773.42$159,950
Nov 20121,53419686.953.62$134,092
Oct 20122,04513389.383.40$183,234
Sep 20121,022094.672.92$96,753
Aug 20121,34191792.662.91$126,924
Jul 20121,5201,39785.133.02$133,618
Jun 20121,2331,66079.822.52$102,600
May 20121,2301,62791.612.49$116,729
Apr 20121,094198101.652.00$111,600
Mar 201246078105.052.22$48,496
Feb 2012297118101.102.57$30,330
Jan 201246319598.092.73$45,949
Dec 201144914596.873.24$43,964
Nov 201130712395.723.31$29,793
Oct 20111694684.983.65$14,529
Sep 20114439983.623.99$37,438
Aug 201138711783.404.15$32,761
Jul 201149010994.144.52$46,621
Jun 201134515792.904.64$32,779
May 20111223098.134.40$12,104

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.

May 2026 — as filed, then multipliedworked
Oil                2,134 bbl  × $106.41 =   $227,079
Casinghead gas     1,811 Mcf  × $  3.05 =     $5,516

────────────────────────────────────────────────────
Month total                                 $232,595

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/41503 is the state's own key, not one this site invented.