UNIVERSITY "12-A"

Operated by WTG EXPLORATION (P-5 945220) in the BLOCK 12 field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 418District 08Field 09250001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
401
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 34 leases and 62 wells, and the rule below applies to all of them.

Discovered
1946-10-22
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2010-12-17.

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: NO PLATS REQUIRED FOR VERTICAL,BUT MUST KEY ACRES

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition57,456 bbl$3,191,037
Casinghead gasProduction125,501 Mcf$460,657
Total$3,651,694

14,208 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (4)

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 32.2343, -102.8699. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.23435, -102.86989 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
7,240 ft
2 wells filed one
Completion to plug
19.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 7,235 and 7,245 ft, median 7,240 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1974
1 of 4 wells; 3 filed none
Plug dates filed
May 1993
2 of 4 wells; 2 filed none

Last completion to plug: a median of 19.2 years across the 1 well that filed both dates, with the middle half between 19.2 years and 19.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0030656237,245 ftMay 1993Yes
42-003065432
42-003065894
42-0030652517,235 ftMar 1974May 1993Yes

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 (401)

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

401 months

May 2026114291106.413.05$13,017
Apr 202611427598.932.87$12,067
Mar 202611535989.753.15$11,452
Feb 202611929763.503.75$8,670
Jan 20265725759.138.00$5,426
Dec 202510128256.664.41$6,967
Nov 20259327758.593.93$6,536
Oct 20259831059.383.30$6,844
Sep 202514832362.743.08$10,279
Aug 202514833863.933.01$10,481
Jul 20259433166.743.32$7,371
Jun 202510234966.483.13$7,873
May 20259713960.553.23$6,323
Apr 20259822262.363.54$6,898
Mar 20259624867.704.27$7,558
Feb 202510425270.884.34$8,465
Jan 20255427874.324.28$5,203
Dec 20241511468.993.12$10,461
Nov 202410424669.052.20$7,722
Oct 20244834871.372.28$4,220
Sep 20249533769.612.36$7,410
Aug 20245635575.632.06$4,968
Jul 202410431279.932.15$8,982
Jun 202410637478.082.63$9,262
May 202410235778.812.20$8,823
Apr 202410837584.451.66$9,743
Mar 202410836680.301.55$9,238
Feb 202410836776.091.78$8,872
Jan 202416629773.023.30$13,101
Dec 202310833671.262.61$8,573
Nov 202311235777.892.81$9,726
Oct 202311137485.443.09$10,638
Sep 202310937189.042.74$10,720
Aug 202316223180.522.67$13,662
Jul 202316915474.852.64$13,056
Jun 202310514768.962.26$7,573
May 202310531170.622.23$8,108
Apr 202311027578.122.24$9,209
Mar 202310236772.852.39$8,309
Feb 202310729275.112.47$8,757
Jan 202310736776.533.39$9,432
Dec 202211229076.415.73$10,219
Nov 202216434585.005.65$15,888
Oct 202210815687.185.86$10,330
Sep 202210434384.888.16$11,628
Aug 202210738894.529.13$13,655
Jul 2022156214101.587.54$17,460
Jun 2022106348115.097.98$14,976
May 202255383109.378.43$9,245
Apr 2022105281104.226.84$12,864
Mar 2022166322108.885.08$19,709
Feb 202210037591.054.86$10,927
Jan 202210628581.844.54$9,968
Dec 202111438271.323.90$9,620
Nov 202116535777.435.24$14,646
Oct 202114841779.795.71$14,192
Sep 20215619769.865.35$4,966
Aug 202115340666.024.22$11,815
Jul 202115514070.783.98$11,528
Jun 20215532969.493.38$4,934
May 202110216263.483.02$6,964
Apr 202116237560.362.76$10,813
Mar 202115929961.302.72$10,559
Feb 20215317957.805.55$4,056
Jan 202115741050.412.81$9,067
Dec 202016243644.642.68$8,398
Nov 202010840838.772.71$5,291
Oct 202015442536.972.48$6,747
Sep 20209938537.091.99$4,438
Aug 202015543439.982.39$7,232
Jul 202020837638.371.83$8,667
Jun 202010726434.901.69$4,181
May 202010734716.921.81$2,440
Apr 202010930714.751.80$2,162
Mar 202010639830.341.86$3,955
Feb 202010641549.881.98$6,109
Jan 202015746857.252.09$9,969
Dec 201915147259.012.30$9,998
Nov 201915941155.302.75$9,923
Oct 201915442753.472.42$9,267
Sep 201910422155.052.66$6,312
Aug 201915147253.112.30$9,107
Jul 201910122456.272.46$6,234
Jun 201914528552.782.49$8,363
May 20199623158.482.74$6,247
Apr 20199935562.632.75$7,177
Mar 201915825656.803.06$9,758
Feb 201923750850.852.79$13,470
Jan 201915353646.033.23$8,773
Dec 201823553746.594.19$13,196
Nov 201822348452.934.24$13,854
Oct 201821357561.443.40$15,041
Sep 201822641059.543.11$14,730
Aug 201822541559.403.07$14,638
Jul 201831316965.142.93$20,884
Jun 201823211060.183.08$14,300
May 201815547565.382.90$11,512
Apr 201822738263.842.90$15,600
Mar 201823739261.222.79$15,602
Feb 201816333961.782.77$11,008
Jan 201823237462.874.01$16,085
Dec 201723138757.272.92$14,360
Nov 201716239155.423.12$10,197
Oct 201723642449.292.98$12,898
Sep 201715642047.523.09$8,710
Aug 201715938845.373.00$8,380
Jul 201723037243.873.09$11,239
Jun 20177438842.493.09$4,342
May 201723040445.373.26$11,754
Apr 201721541447.933.21$11,635
Mar 201731047046.772.98$15,901
Feb 201732336550.452.95$17,373
Jan 201723833549.413.42$12,905
Dec 201624233748.763.72$13,055
Nov 201623623342.492.64$10,644
Oct 201640367146.193.09$20,688
Sep 201622261341.553.10$11,125
Aug 201644493941.442.92$21,145
Jul 201635495441.622.92$17,523
Jun 201634495345.352.69$18,160
May 20164521,04942.521.99$21,308
Apr 20165581,06636.561.99$22,523
Mar 20164601,18933.011.79$17,318
Feb 20166491,14326.472.06$19,538
Jan 20164571,01527.352.36$14,899
Dec 201556434832.362.00$18,948
Nov 2015379038.792.17$14,701
Oct 2015145043.552.43$6,315
Sep 2015181042.992.76$7,781
Aug 2015180040.162.87$7,229
Jul 20151359748.152.95$6,786
Jun 201522248756.152.88$13,869
May 2015927555.212.96$5,301
Apr 2015141049.822.71$7,025
Mar 201518027242.892.93$8,518
Feb 2015884344.662.98$4,058
Jan 2015138043.433.10$5,993
Dec 201497054.693.59$5,305
Nov 2014138070.464.25$9,723
Oct 2014137078.303.90$10,727
Sep 201490086.164.05$7,754
Aug 2014219089.394.04$19,576
Jul 2014130296.564.18$12,561
Jun 2014888498.164.74$9,036
May 20141519094.734.73$14,730
Apr 20141647095.944.81$16,071
Mar 201414145695.895.06$15,826
Feb 20149232397.406.19$10,961
Jan 201414043090.404.86$14,746
Dec 201318450491.824.35$19,090
Nov 201313233888.853.74$12,992
Oct 2013181097.423.78$17,633
Sep 2013890104.113.72$9,266
Aug 20131770104.253.52$18,452
Jul 20131390102.523.72$14,250
Jun 201317818894.403.93$17,543
May 201313036094.834.15$13,822
Apr 201313840893.964.28$14,714
Mar 201317148093.623.91$17,887
Feb 201313245091.233.42$13,581
Jan 201313914691.603.42$13,232
Dec 2012172086.773.42$14,924
Nov 2012139086.953.62$12,086
Oct 2012134089.383.40$11,977
Sep 2012129094.672.92$12,212
Aug 201218221092.662.91$17,475
Jul 201213339685.133.02$12,519
Jun 201213717279.822.52$11,369
May 20121315591.612.49$12,138
Apr 2012174117101.652.00$17,921
Mar 2012174133105.052.22$18,574
Feb 2012179372101.102.57$19,053
Jan 201214058598.092.73$15,332
Dec 201117936496.873.24$18,519
Nov 201118035795.723.31$18,412
Oct 201113554884.983.65$13,472
Sep 201117959483.623.99$17,336
Aug 201113860783.404.15$14,028
Jul 201122362094.144.52$23,794
Jun 201113345892.904.64$14,481
May 201117957898.134.40$20,111
Apr 2011176549105.964.33$21,028
Mar 201118042596.364.06$19,069
Feb 201113553385.644.18$13,789
Jan 201118560786.504.59$18,788
Dec 201018750085.734.35$18,205
Nov 201018741280.843.80$16,681
Oct 201022553278.103.51$19,439
Sep 201018451772.633.98$15,421
Aug 201019337673.684.42$15,882
Jul 201013361372.554.74$12,553
Jun 201019642570.364.91$15,877
May 201028155271.124.24$22,323
Apr 201023964081.694.12$22,162
Mar 201019153578.394.39$17,320
Feb 201025367773.585.44$22,300
Jan 201026087074.365.96$24,522
Dec 20091871,06471.445.48$19,194
Nov 200925766774.593.75$21,672
Oct 200925243272.544.11$20,056
Sep 200918759365.543.06$14,073
Aug 200925164067.423.22$18,982
Jul 200919249761.133.46$13,459
Jun 200918137166.163.90$13,420
May 200919043554.743.93$12,108
Apr 200918530846.773.59$9,757
Mar 200925710642.144.06$11,260
Feb 200919716732.814.63$7,237
Jan 200926041535.865.37$11,553
Dec 200825345737.105.98$12,118
Nov 200825130755.496.86$16,034
Oct 20081909975.246.92$14,981
Sep 2008333253101.767.88$35,879
Aug 2008273411114.228.48$34,669
Jul 2008301535131.0811.39$45,548
Jun 2008297458131.3313.03$44,974
May 2008342484123.1711.57$47,726
Apr 2008424415110.3110.45$51,110
Mar 2008411452101.909.66$46,249
Feb 200849239392.538.77$48,972
Jan 200848662090.388.21$49,012
Dec 200736683788.337.30$38,441
Nov 200717145691.677.29$19,001
Oct 20079928082.856.92$10,140
Sep 200710022775.846.24$9,001
Aug 20075029269.066.39$5,318
Jul 20079924570.906.39$8,584
Jun 20076614562.007.55$5,187
May 200710118658.747.85$7,392
Apr 200710024859.617.81$7,897
Mar 200710439256.927.30$8,782
Feb 20075318355.108.22$4,424
Jan 20072521350.306.73$2,690
Dec 20067730856.656.92$6,493
Nov 200610332354.207.62$8,043
Oct 20065325354.906.01$4,431
Sep 20067525060.085.04$5,765
Aug 200610332768.717.34$9,477
Jul 20067423569.376.34$6,624
Jun 20067720766.286.38$6,425
May 20067820466.016.42$6,459
Apr 20065117864.397.36$4,594
Mar 200610327956.707.08$7,816
Feb 200610233357.597.75$8,455
Jan 20067826560.598.93$7,093
Dec 20057525054.9413.42$7,474
Nov 20057626254.6910.59$6,931
Oct 200510531358.3413.80$10,444
Sep 20054924161.4512.08$5,922
Aug 20056723161.519.80$6,384
Jul 20057514855.697.84$5,338
Jun 20058215952.337.38$5,465
May 20055317945.226.65$3,587
Apr 20052913749.207.36$2,435
Mar 20055510850.377.15$3,543
Feb 20055712345.226.31$3,354
Jan 20055515943.166.32$3,379
Dec 20045316039.866.75$3,193
Nov 20045717045.286.33$3,657
Oct 20045518849.706.52$3,958
Sep 20045714643.245.28$3,236
Aug 20048411942.375.55$4,220
Jul 20045512638.286.08$2,872
Jun 20042714036.106.43$1,875
May 20048115637.486.49$4,049
Apr 20042515734.475.86$1,782
Mar 20045620234.365.53$3,041
Feb 20045621132.455.51$2,980
Jan 20048622932.036.30$4,197
Dec 20035723430.266.30$3,199
Nov 20035922828.804.60$2,747
Oct 20035725928.174.76$2,838
Sep 20035625826.314.75$2,699
Aug 20035819929.765.13$2,747
Jul 20035520129.415.17$2,657
Jun 20035320028.565.98$2,710
May 20035219726.595.97$2,559
Apr 20035617426.675.41$2,434
Mar 20038917931.146.10$3,863
Feb 20035816033.487.93$3,210
Jan 20035417830.315.58$2,630
Dec 20025817726.914.85$2,420
Nov 20028218324.664.14$2,779
Oct 20025418526.464.23$2,211
Sep 20027718027.443.64$2,767
Aug 20025616325.963.16$1,970
Jul 20025822024.583.06$2,099
Jun 20028422923.733.34$2,758
May 20028323624.663.58$2,893
Apr 200210722523.653.51$3,321
Mar 20028121622.003.10$2,452
Feb 20028020118.222.38$1,935
Jan 20028022417.172.38$1,906
Dec 200111023416.932.36$2,416
Nov 20018020018.072.41$1,927
Oct 200110819019.782.53$2,617
Sep 20018325224.262.25$2,581
Aug 200110522424.873.05$3,295
Jul 200110727023.933.20$3,424
Jun 200110727324.563.82$3,672
May 20018027925.524.31$3,243
Apr 200110924624.685.34$4,003
Mar 20018326624.545.38$3,467
Feb 20018324127.755.77$3,693
Jan 200111426627.478.40$5,366
Dec 20007725726.889.12$4,414
Nov 20008426032.215.66$4,177
Oct 20008427131.235.15$4,018
Sep 20008422631.875.19$3,849
Aug 200011023629.644.54$4,332
Jul 200010923728.534.09$4,079
Jun 20008522429.304.40$3,475
May 20008420227.263.68$3,033
Apr 20008524924.513.12$2,859
Mar 200010627128.422.86$3,788
Feb 200010926327.622.73$3,728
Jan 20005714425.272.48$1,798
Dec 19995015324.282.42$1,585
Nov 19998225123.192.43$2,513
Oct 199910927820.982.80$3,066
Sep 199910928021.752.62$3,104
Aug 199913832819.262.88$3,601
Jul 19998123017.892.37$1,995
Jun 199911023815.942.36$2,316
May 19998426115.792.32$1,932
Apr 199913826015.102.21$2,658
Mar 199911127412.471.84$1,888
Feb 19991132499.981.82$1,580
Jan 199911129010.381.90$1,703
Dec 19981672689.201.77$2,012
Nov 199811225210.892.19$1,770
Oct 199813827012.421.97$2,246
Sep 199811222112.592.08$1,870
Aug 19988425111.301.91$1,428
Jul 19982723511.742.24$843
Jun 199811023011.242.24$1,751
May 199810823712.622.21$1,886
Apr 199814926213.042.51$2,599
Mar 199811331212.802.31$2,167
Feb 199815329313.952.30$2,808
Jan 199811532814.702.15$2,397
Dec 199714132916.322.41$3,094
Nov 199713230918.193.09$3,355
Oct 199711429819.253.15$3,133
Sep 199714827617.742.95$3,441
Aug 199712127017.862.55$2,851
Jul 199714323117.582.25$3,033
Jun 199714732917.242.26$3,277
May 199714038618.972.31$3,547
Apr 199714032517.882.08$3,180
Mar 199716840818.951.94$3,975
Feb 199712032920.492.21$3,185
Jan 199714534223.483.54$4,615
Dec 19969427723.32$2,192
Nov 199611029021.97$2,417
Oct 199614728923.31$3,427
Sep 19968529122.22$1,889
Aug 199615831020.26$3,201
Jul 199612031419.55$2,346
Jun 19969027818.73$1,686
May 199612228819.43$2,370
Apr 199611728321.51$2,517
Mar 199611228919.38$2,171
Feb 199610019616.98$1,698
Jan 19969319217.07$1,588
Dec 199511221417.19$1,925
Nov 199511721616.00$1,872
Oct 199511122315.43$1,713
Sep 199510425016.18$1,683
Aug 19958721615.92$1,385
Jul 199511623415.24$1,768
Jun 19958816016.41$1,444
May 199511621817.56$2,037
Apr 199514432317.73$2,553
Mar 199514931616.44$2,450
Feb 199511427716.58$1,890
Jan 199517230915.92$2,738
Dec 199413230715.03$1,984
Nov 19948032615.90$1,272
Oct 19947835915.58$1,215
Sep 199419936615.29$3,043
Aug 199417239516.13$2,774
Jul 199413935617.56$2,441
Jun 199425824917.09$4,409
May 199411735415.88$1,858
Apr 19948633014.14$1,216
Mar 199411112612.46$1,383
Feb 199413812412.50$1,725
Jan 199411011012.66$1,393
Dec 199311015512.33$1,356
Nov 199315420514.49$2,231
Oct 199310618715.85$1,680
Sep 199310517615.03$1,578
Aug 199314619315.66$2,286
Jul 199315152715.46$2,334
Jun 199313651916.79$2,283
May 199318251217.68$3,218
Apr 199314366818.05$2,581
Mar 199314668118.14$2,648
Feb 199316226917.90$2,900
Jan 199312846116.93$2,167

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                  114 bbl  × $106.41 =    $12,131
Casinghead gas       291 Mcf  × $  3.05 =       $886

────────────────────────────────────────────────────
Month total                                  $13,017

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/418 is the state's own key, not one this site invented.