UNIVERSITY LANDS 30

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the DUNE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 41966District 08Field 26538001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.6 M
Jul 2011 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
179
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 113 leases and 1,569 wells, and the rule below applies to all of them.

Discovered
1938-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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.

The Commission's schedule remark for this field reads: 10 ACRE OPTIONAL 933' DIAGONAL

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
OilDisposition201,658 bbl$14,746,079
Casinghead gasProduction271,676 Mcf$851,493
Total$15,597,572

Wells on this lease (2)

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 31.4709, -102.4070. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.47086, -102.40698 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,141 ft
2 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.
2100.0%

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 3,128 and 3,154 ft, median 3,141 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2011 – Apr 2012
2 of 2 wells

2 wells

42-103358732H3,154 ftApr 2012
42-103358541H3,128 ftAug 2011

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 (179)

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

179 months

May 20260107106.413.05$326
Apr 2026010498.932.87$298
Mar 2026010889.753.15$340
Feb 2026011663.503.75$435
Jan 2026012659.138.00$1,008
Dec 2025010556.664.41$463
Nov 2025011558.593.93$452
Oct 2025012259.383.30$403
Sep 20255023362.743.08$3,854
Aug 20256516563.933.01$4,653
Jul 20250066.743.32$0
Jun 20251206366.483.13$8,175
May 202511922060.553.23$7,917
Apr 202515419962.363.54$10,309
Mar 202536221667.704.27$25,429
Feb 202513320670.884.34$10,321
Jan 202520924574.324.28$16,581
Dec 202417823868.993.12$13,023
Nov 202422918369.052.20$16,215
Oct 202418420271.372.28$13,593
Sep 202415115569.612.36$10,878
Aug 202429724675.632.06$22,970
Jul 202422323879.932.15$18,335
Jun 202413522578.082.63$11,133
May 202431828078.812.20$25,677
Apr 202417127984.451.66$14,904
Mar 202413727780.301.55$11,429
Feb 202416328676.091.78$12,913
Jan 202411916673.023.30$9,237
Dec 202315617071.262.61$11,560
Nov 202315618077.892.81$12,656
Oct 202321720785.443.09$19,180
Sep 202321217789.042.74$19,361
Aug 202327525680.522.67$22,827
Jul 202319625574.852.64$15,344
Jun 202332422768.962.26$22,856
May 202328326970.622.23$20,585
Apr 202329727378.122.24$23,813
Mar 20238228572.852.39$6,656
Feb 202312624175.112.47$10,058
Jan 202323526676.533.39$18,886
Dec 202216127576.415.73$13,878
Nov 202226228285.005.65$23,862
Oct 202223035787.185.86$22,145
Sep 202232840084.888.16$31,106
Aug 202220127794.529.13$21,527
Jul 2022286378101.587.54$31,903
Jun 2022235338115.097.98$29,742
May 202266365109.378.43$10,296
Apr 2022102386104.226.84$13,270
Mar 202299333108.885.08$12,470
Feb 20227127491.054.86$7,796
Jan 20221127381.844.54$2,139
Dec 2021223671.323.90$1,063
Nov 20211826477.435.24$2,776
Oct 202110256679.795.71$11,373
Sep 20212726369.865.35$3,294
Aug 20210066.024.22$0
Jul 20211232570.783.98$8,805
Jun 202110037569.493.38$8,217
May 202132454563.483.02$22,212
Apr 202144378860.362.76$28,913
Mar 202136993161.302.72$25,149
Feb 202141060657.805.55$27,060
Jan 20215571,07850.412.81$31,108
Dec 20205131,07544.642.68$25,776
Nov 202062190938.772.71$26,536
Oct 20207321,49936.972.48$30,777
Sep 20207201,36037.091.99$29,413
Aug 202043819939.982.39$17,986
Jul 202035380738.371.83$15,017
Jun 20202201,14834.901.69$9,618
May 202046651616.921.81$8,821
Apr 202049776314.751.80$8,707
Mar 20208441,25430.341.86$27,935
Feb 20207081,18549.881.98$37,662
Jan 20205971,14557.252.09$36,577
Dec 20196751,70559.012.30$43,761
Nov 20198521,60755.302.75$51,536
Oct 20198012,31153.472.42$48,419
Sep 20198692,53955.052.66$54,585
Aug 20198501,76053.112.30$49,199
Jul 20197302,19156.272.46$46,467
Jun 20195102,21452.782.49$32,433
May 20196203,16058.482.74$44,917
Apr 20196003,25562.632.75$46,532
Mar 20196973,98256.803.06$51,783
Feb 20196951,36850.852.79$39,161
Jan 201958297146.033.23$29,924
Dec 201863553846.594.19$31,836
Nov 201838826852.934.24$21,672
Oct 201866036361.443.40$41,784
Sep 201882849459.543.11$50,834
Aug 201875630859.403.07$45,851
Jul 201885039965.142.93$56,539
Jun 201897147960.183.08$59,909
May 20181,02845965.382.90$68,542
Apr 20181,01046563.842.90$65,827
Mar 20181,17761961.222.79$73,781
Feb 201886758961.782.77$55,193
Jan 20181,12968662.874.01$73,731
Dec 20171,1301,07857.272.92$67,865
Nov 20171,2601,74055.423.12$75,255
Oct 20171,0983,48249.292.98$64,510
Sep 20171,1654,85547.523.09$70,350
Aug 20171,4263,50545.373.00$75,228
Jul 20171,0051,91843.873.09$50,011
Jun 20178561,65442.493.09$41,478
May 20179391,50145.373.26$47,501
Apr 201792080247.933.21$46,671
Mar 20171,4431,21846.772.98$71,123
Feb 20171,12496150.452.95$59,543
Jan 20171,3461,39249.413.42$71,265
Dec 20161,0301,98848.763.72$57,624
Nov 20161,2272,13842.492.64$57,789
Oct 20161,2594,77446.193.09$72,906
Sep 20161,1684,64341.553.10$62,927
Aug 20161,4974,54841.442.92$75,336
Jul 20161,3044,61841.622.92$67,777
Jun 20161,3044,51745.352.69$71,268
May 20161,4804,80742.521.99$72,501
Apr 20161,3412,84136.561.99$54,684
Mar 20161,6892,86533.011.79$60,894
Feb 20161,2862,18326.472.06$38,545
Jan 20161,5672,33227.352.36$48,371
Dec 20151,6833,47832.362.00$61,423
Nov 20151,7463,06738.792.17$74,375
Oct 20151,6943,77143.552.43$82,924
Sep 20152,0083,39042.992.76$95,675
Aug 20151,9884,38140.162.87$92,422
Jul 20151,2012,83048.152.95$66,163
Jun 20151,1582,71056.152.88$72,834
May 20152,1205,08955.212.96$132,085
Apr 20152,0244,50649.822.71$113,031
Mar 20152,2825,26542.892.93$113,326
Feb 20152,1374,28044.662.98$108,177
Jan 20153,7944,67143.433.10$179,256
Dec 20142,5414,30054.693.59$154,410
Nov 20142,3022,44470.464.25$172,590
Oct 20141,85770278.303.90$148,142
Sep 20142,3501,73486.164.05$209,491
Aug 20142,1131,32189.394.04$194,211
Jul 20142,5961,90096.564.18$258,611
Jun 20142,3342,14798.164.74$239,276
May 20141,92988694.734.73$186,922
Apr 20142,7111,55395.944.81$267,562
Mar 20142,6811,79595.895.06$266,158
Feb 20142,1922,23397.406.19$227,328
Jan 20141,6931,69190.404.86$161,267
Dec 20131,7831,50591.824.35$170,269
Nov 20132,7922,37588.853.74$256,948
Oct 20133,4995,13897.423.78$360,291
Sep 20133,7333,132104.113.72$400,287
Aug 20132,7962,231104.253.52$299,342
Jul 20133,1221,939102.523.72$327,276
Jun 20133,3682,11194.403.93$326,243
May 20133,8822,32794.834.15$377,785
Apr 20134,2492,71493.964.28$410,859
Mar 20133,7532,76893.623.91$362,187
Feb 20133,3302,64891.233.42$312,852
Jan 20133,9182,93791.603.42$368,933
Dec 20123,5553,51986.773.42$320,503
Nov 20124,4914,30786.953.62$406,105
Oct 20124,1553,13089.383.40$382,015
Sep 20122,2312,13394.672.92$217,434
Aug 20124,3653,72692.662.91$415,297
Jul 20124,9413,54485.133.02$431,333
Jun 20125,6803,59379.822.52$462,429
May 20127,0224,26691.612.49$653,901
Apr 20125,3233,375101.652.00$547,822
Mar 20122,5801,098105.052.22$273,469
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201108,42084.983.65$30,721
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       107 Mcf  × $  3.05 =       $326

────────────────────────────────────────────────────
Month total                                     $326

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/41966 is the state's own key, not one this site invented.