UNIVERSITY "12-B"

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 419District 08Field 09250001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$923 k
Jan 1993 – May 2026
Value, last 12 filed months
$41 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
OilDisposition15,357 bbl$827,385
Casinghead gasProduction27,859 Mcf$96,111
Total$923,495

3,022 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 (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 32.2454, -102.8801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24537, -102.88012 · 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
8,250 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 8,250 ft.

Completions filed
Oct 1990
1 of 1 wells

1 well

42-0030658148,250 ftOct 1990

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 202643125106.413.05$4,956
Apr 20264311898.932.87$4,593
Mar 20264415489.753.15$4,434
Feb 20264512763.503.75$3,334
Jan 20262211059.138.00$2,181
Dec 20253812156.664.41$2,687
Nov 20253511958.593.93$2,518
Oct 20253713359.383.30$2,637
Sep 20255713962.743.08$4,004
Aug 20255714563.933.01$4,081
Jul 20253614266.743.32$2,873
Jun 20253814966.483.13$2,992
May 2025375960.553.23$2,431
Apr 2025379562.363.54$2,644
Mar 20253610667.704.27$2,890
Feb 20253910870.884.34$3,233
Jan 20252011974.324.28$1,996
Dec 202457668.993.12$3,951
Nov 20243910569.052.20$2,924
Oct 20241814971.372.28$1,625
Sep 20243614569.612.36$2,849
Aug 20242115275.632.06$1,902
Jul 20244013479.932.15$3,485
Jun 20244016078.082.63$3,545
May 20243915378.812.20$3,410
Apr 20244116184.451.66$3,730
Mar 20244115780.301.55$3,535
Feb 20244115776.091.78$3,400
Jan 20246312773.023.30$5,019
Dec 20234114471.262.61$3,298
Nov 20234315377.892.81$3,779
Oct 20234316085.443.09$4,168
Sep 20234115989.042.74$4,086
Aug 2023619980.522.67$5,176
Jul 2023646674.852.64$4,965
Jun 2023406368.962.26$2,901
May 20234013370.622.23$3,121
Apr 20234111878.122.24$3,467
Mar 20233815772.852.39$3,144
Feb 20234012575.112.47$3,313
Jan 20234015776.533.39$3,593
Dec 20224312476.415.73$3,996
Nov 20226314885.005.65$6,191
Oct 2022416787.185.86$3,967
Sep 20223914784.888.16$4,510
Aug 20224116694.529.13$5,390
Jul 20225992101.587.54$6,687
Jun 202241149115.097.98$5,907
May 202221164109.378.43$3,680
Apr 202240121104.226.84$4,996
Mar 202263138108.885.08$7,560
Feb 20223816191.054.86$4,242
Jan 20224012281.844.54$3,827
Dec 20214316371.323.90$3,702
Nov 20216415377.435.24$5,757
Oct 20215617979.795.71$5,491
Sep 2021228569.865.35$1,992
Aug 20216318966.024.22$4,957
Jul 2021646570.783.98$4,789
Jun 20212315369.493.38$2,116
May 2021427663.483.02$2,896
Apr 20216517560.362.76$4,406
Mar 2021529361.302.72$3,440
Feb 2021185657.805.55$1,351
Jan 20215212850.412.81$2,981
Dec 20205413644.642.68$2,774
Nov 20203512738.772.71$1,701
Oct 20205113236.972.48$2,213
Sep 20203312037.091.99$1,463
Aug 20205213539.982.39$2,401
Jul 20206911938.371.83$2,865
Jun 2020358234.901.69$1,360
May 20203610816.921.81$805
Apr 2020369514.751.80$702
Mar 20203612430.341.86$1,322
Feb 20203512949.881.98$2,001
Jan 20205214657.252.09$3,283
Dec 20195114759.012.30$3,348
Nov 20195212755.302.75$3,225
Oct 20195113453.472.42$3,051
Sep 2019346955.052.66$2,055
Aug 20194322053.112.30$2,791
Jul 20192810356.272.46$1,829
Jun 20194113352.782.49$2,495
May 20192710858.482.74$1,875
Apr 20192716662.632.75$2,148
Mar 20193711956.803.06$2,466
Feb 2019172550.852.79$934
Jan 2019112746.033.23$593
Dec 2018172746.594.19$905
Nov 2018162452.934.24$949
Oct 2018152961.443.40$1,020
Sep 20181620559.543.11$1,590
Aug 2018162159.403.07$1,015
Jul 201822865.142.93$1,457
Jun 201816560.183.08$978
May 2018111965.382.90$774
Apr 2018161963.842.90$1,077
Mar 2018172061.222.79$1,096
Feb 2018121761.782.77$788
Jan 2018161962.874.01$1,082
Dec 2017161957.272.92$972
Nov 2017112055.423.12$672
Oct 2017172149.292.98$901
Sep 2017112147.523.09$588
Aug 2017121945.373.00$602
Jul 2017161943.873.09$761
Jun 201751942.493.09$271
May 2017172045.373.26$837
Apr 2017162147.933.21$834
Mar 2017222446.772.98$1,101
Feb 2017231850.452.95$1,214
Jan 2017171749.413.42$898
Dec 2016171748.763.72$892
Nov 2016171242.492.64$754
Oct 2016303446.193.09$1,491
Sep 2016183141.553.10$844
Aug 2016425241.442.92$1,893
Jul 2016335341.622.92$1,528
Jun 2016325345.352.69$1,594
May 2016425942.521.99$1,903
Apr 2016485436.561.99$1,862
Mar 2016396033.011.79$1,395
Feb 2016555926.472.06$1,578
Jan 2016395127.352.36$1,187
Dec 2015474232.362.00$1,605
Nov 201547038.792.17$1,823
Oct 201537043.552.43$1,611
Sep 201550042.992.76$2,150
Aug 201549040.162.87$1,968
Jul 2015371648.152.95$1,829
Jun 2015617956.152.88$3,653
May 2015251255.212.96$1,416
Apr 201539049.822.71$1,943
Mar 2015494442.892.93$2,231
Feb 201524744.662.98$1,093
Jan 201537043.433.10$1,607
Dec 201426054.693.59$1,422
Nov 201438070.464.25$2,677
Oct 201438078.303.90$2,975
Sep 201425086.164.05$2,154
Aug 201460089.394.04$5,363
Jul 2014363896.564.18$3,635
Jun 2014241398.164.74$2,417
May 2014411594.734.73$3,955
Apr 2014451195.944.81$4,370
Mar 2014397495.895.06$4,114
Feb 2014255297.406.19$2,757
Jan 2014386990.404.86$3,771
Dec 2013508291.824.35$4,948
Nov 2013365588.853.74$3,404
Oct 201350097.423.78$4,871
Sep 2013240104.113.72$2,499
Aug 2013480104.253.52$5,004
Jul 2013380102.523.72$3,896
Jun 2013493094.403.93$4,744
May 2013355894.834.15$3,560
Apr 2013376693.964.28$3,759
Mar 2013477793.623.91$4,701
Feb 2013367391.233.42$3,534
Jan 2013382391.603.42$3,559
Dec 201247086.773.42$4,078
Nov 201238086.953.62$3,304
Oct 201236089.383.40$3,218
Sep 201235094.672.92$3,313
Aug 2012493492.662.91$4,639
Jul 2012366485.133.02$3,258
Jun 2012372879.822.52$3,024
May 201235991.612.49$3,229
Apr 20124619101.652.00$4,714
Mar 20124521105.052.22$4,774
Feb 20124151101.102.57$4,276
Jan 2012328098.092.73$3,358
Dec 2011415096.873.24$4,134
Nov 2011414995.723.31$4,087
Oct 2011317684.983.65$2,912
Sep 2011428183.623.99$3,835
Aug 2011328483.404.15$3,017
Jul 2011518594.144.52$5,185
Jun 2011316392.904.64$3,172
May 2011417998.134.40$4,371
Apr 20114176105.964.33$4,674
Mar 2011415896.364.06$4,186
Feb 2011327385.644.18$3,046
Jan 2011438386.504.59$4,100
Dec 2010436885.734.35$3,982
Nov 2010435680.843.80$3,689
Oct 2010527378.103.51$4,317
Sep 2010407172.633.98$3,188
Aug 2010394573.684.42$3,072
Jul 2010267272.554.74$2,227
Jun 2010395070.364.91$2,990
May 2010566571.124.24$4,258
Apr 2010487581.694.12$4,230
Mar 2010386478.394.39$3,260
Feb 2010518073.585.44$4,188
Jan 20105310474.365.96$4,561
Dec 20093712671.445.48$3,334
Nov 2009527874.593.75$4,171
Oct 2009515172.544.11$3,909
Sep 2009377065.543.06$2,640
Aug 2009507667.423.22$3,616
Jul 2009395961.133.46$2,588
Jun 2009372266.163.90$2,534
May 2009372554.743.93$2,124
Apr 2009371846.773.59$1,795
Mar 200953642.144.06$2,258
Feb 2009411132.814.63$1,396
Jan 2009522435.865.37$1,994
Dec 2008512737.105.98$2,053
Nov 2008501955.496.86$2,905
Oct 200838675.246.92$2,901
Sep 20086515101.767.88$6,733
Aug 20084924114.228.48$5,800
Jul 20084425131.0811.39$6,052
Jun 20084322131.3313.03$5,934
May 20084018123.1711.57$5,135
Apr 20084916110.3110.45$5,572
Mar 20084917101.909.66$5,157
Feb 2008591592.538.77$5,591
Jan 2008612490.388.21$5,710
Dec 2007563288.337.30$5,180
Nov 2007543291.677.29$5,184
Oct 2007673582.856.92$5,793
Sep 2007672875.846.24$5,256
Aug 2007323669.066.39$2,440
Jul 2007653170.906.39$4,807
Jun 2007441962.007.55$2,871
May 2007682358.747.85$4,175
Apr 2007673159.617.81$4,236
Mar 2007705056.927.30$4,350
Feb 2007352355.108.22$2,117
Jan 2007172650.306.73$1,030
Dec 2006523856.656.92$3,209
Nov 2006714054.207.62$4,153
Oct 2006343154.906.01$2,053
Sep 2006503160.085.04$3,160
Aug 2006684168.717.34$4,973
Jul 2006483069.376.34$3,520
Jun 2006512666.286.38$3,546
May 2006522666.016.42$3,600
Apr 2006332264.397.36$2,287
Mar 2006683556.707.08$4,104
Feb 2006684257.597.75$4,242
Jan 2006523360.598.93$3,445
Dec 2005503154.9413.42$3,163
Nov 2005513354.6910.59$3,139
Oct 2005713958.3413.80$4,680
Sep 2005323061.4512.08$2,329
Aug 2005347361.519.80$2,807
Jul 2005364655.697.84$2,366
Jun 2005355352.337.38$2,223
May 2005226045.226.65$1,394
Apr 2005124649.207.36$929
Mar 2005233650.377.15$1,416
Feb 2005244145.226.31$1,344
Jan 2005235343.166.32$1,328
Dec 2004235339.866.75$1,275
Nov 2004245745.286.33$1,448
Oct 2004236349.706.52$1,554
Sep 2004244943.245.28$1,297
Aug 2004364042.375.55$1,747
Jul 2004234238.286.08$1,136
Jun 2004114736.106.43$699
May 2004345237.486.49$1,612
Apr 2004115234.475.86$684
Mar 2004246734.365.53$1,195
Feb 2004247032.455.51$1,164
Jan 2004367732.036.30$1,638
Dec 2003247830.266.30$1,218
Nov 2003257628.804.60$1,069
Oct 2003248628.174.76$1,085
Sep 2003248626.314.75$1,040
Aug 2003256729.765.13$1,088
Jul 2003246729.415.17$1,052
Jun 2003226628.565.98$1,023
May 2003226626.595.97$979
Apr 2003245826.675.41$954
Mar 2003385931.146.10$1,543
Feb 2003255433.487.93$1,265
Jan 2003235930.315.58$1,026
Dec 2002255926.914.85$959
Nov 2002356124.664.14$1,115
Oct 2002236226.464.23$871
Sep 2002326027.443.64$1,096
Aug 2002245525.963.16$797
Jul 2002247424.583.06$816
Jun 2002367623.733.34$1,108
May 2002357824.663.58$1,143
Apr 2002457523.653.51$1,328
Mar 2002347222.003.10$971
Feb 2002346718.222.38$779
Jan 2002347517.172.38$762
Dec 2001467816.932.36$963
Nov 2001346718.072.41$776
Oct 2001466419.782.53$1,072
Sep 2001358424.262.25$1,038
Aug 2001447524.873.05$1,323
Jul 2001469023.933.20$1,389
Jun 2001459124.563.82$1,453
May 2001349325.524.31$1,268
Apr 2001468224.685.34$1,573
Mar 2001358924.545.38$1,337
Feb 2001358027.755.77$1,433
Jan 2001488927.478.40$2,066
Dec 2000328626.889.12$1,645
Nov 2000368732.215.66$1,652
Oct 2000369131.235.15$1,593
Sep 2000367631.875.19$1,541
Aug 2000467929.644.54$1,722
Jul 2000467928.534.09$1,635
Jun 2000367529.304.40$1,385
May 2000366827.263.68$1,232
Apr 2000368324.513.12$1,141
Mar 2000459128.422.86$1,539
Feb 2000468827.622.73$1,510
Jan 2000244825.272.48$726
Dec 1999215124.282.42$633
Nov 1999358423.192.43$1,016
Oct 1999469320.982.80$1,226
Sep 1999469321.752.62$1,244
Aug 19995810919.262.88$1,431
Jul 1999347717.892.37$791
Jun 1999468015.942.36$922
May 1999358715.792.32$755
Apr 1999598715.102.21$1,083
Mar 1999479112.471.84$753
Feb 199948839.981.82$630
Jan 1999479610.381.90$670
Dec 199870899.201.77$802
Nov 1998478410.892.19$695
Oct 1998589012.421.97$898
Sep 1998487312.592.08$756
Aug 1998368411.301.91$567
Jul 1998127811.742.24$315
Jun 1998467611.242.24$687
May 1998467912.622.21$755
Apr 1998628813.042.51$1,029
Mar 19984810412.802.31$855
Feb 1998659813.952.30$1,132
Jan 19984910914.702.15$955
Dec 19976011016.322.41$1,244
Nov 19975610318.193.09$1,337
Oct 1997489919.253.15$1,236
Sep 1997639217.742.95$1,389
Aug 1997519017.862.55$1,141
Jul 1997617717.582.25$1,245
Jun 1997629917.242.26$1,292
May 19976010518.972.31$1,381
Apr 1997598917.882.08$1,240
Mar 19977111118.951.94$1,561
Feb 1997519020.492.21$1,244
Jan 1997619323.483.54$1,761
Dec 1996407523.32$933
Nov 1996477921.97$1,033
Oct 1996628723.31$1,445
Sep 1996368722.22$800
Aug 1996679320.26$1,357
Jul 1996519419.55$997
Jun 1996388318.73$712
May 1996528619.43$1,010
Apr 1996488521.51$1,032
Mar 1996458619.38$872
Feb 1996222116.98$374
Jan 1996212217.07$358
Dec 1995242417.19$413
Nov 1995262416.00$416
Oct 1995252515.43$386
Sep 1995242816.18$388
Aug 1995192415.92$302
Jul 1995272615.24$411
Jun 1995191816.41$312
May 1995232417.56$404
Apr 1995251817.73$443
Mar 1995251816.44$411
Feb 1995191516.58$315
Jan 1995311715.92$494
Dec 1994271715.03$406
Nov 1994491815.90$779
Oct 1994391915.58$608
Sep 1994352015.29$535
Aug 1994262216.13$419
Jul 1994212017.56$369
Jun 1994431417.09$735
May 1994178815.88$270
Apr 1994148314.14$198
Mar 1994219012.46$262
Feb 1994237712.50$288
Jan 1994197112.66$241
Dec 1993189712.33$222
Nov 19932612814.49$377
Oct 19931811715.85$285
Sep 19931811015.03$271
Aug 19932312115.66$360
Jul 19932113215.46$325
Jun 19931913016.79$319
May 19932612817.68$460
Apr 19932015318.05$361
Mar 19932415518.14$435
Feb 1993263017.90$465
Jan 1993202316.93$339

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                   43 bbl  × $106.41 =     $4,576
Casinghead gas       125 Mcf  × $  3.05 =       $381

────────────────────────────────────────────────────
Month total                                   $4,956

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/419 is the state's own key, not one this site invented.