UNIVERSITY "12-F"

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 421District 08Field 09250001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$46 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

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
OilDisposition36,927 bbl$1,575,292
Casinghead gasProduction158,257 Mcf$437,798
Total$2,013,090

48,159 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 (3)

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 32.2268, -102.8477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.22668, -102.84767 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
9,299 ft
2 wells filed one
Completion to plug
20.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 8,322 and 10,275 ft, median 9,299 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1988 – Jun 2017
2 of 3 wells; 1 filed none
Plug dates filed
Sep 2008
1 of 3 wells; 2 filed none

Last completion to plug: a median of 20.1 years across the 1 well that filed both dates, with the middle half between 20.1 years and 20.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-003065934
42-0030657238,322 ftJun 2017
42-00306536110,275 ftAug 1988Sep 2008Yes

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 202600106.413.05$0
Apr 2026030098.932.87$861
Mar 202616831089.753.15$16,054
Feb 2026028063.503.75$1,050
Jan 2026018059.138.00$1,440
Dec 202516428056.664.41$10,528
Nov 2025029058.593.93$1,139
Oct 2025031059.383.30$1,025
Sep 2025030062.743.08$923
Aug 202516431063.933.01$11,419
Jul 2025031066.743.32$1,028
Jun 2025030066.483.13$939
May 202516231060.553.23$10,811
Apr 2025030962.363.54$1,095
Mar 2025031967.704.27$1,362
Feb 2025022070.884.34$955
Jan 202516431874.324.28$13,549
Dec 2024031968.993.12$996
Nov 2024030969.052.20$679
Oct 2024032171.372.28$732
Sep 202416431469.612.36$12,158
Aug 2024034475.632.06$710
Jul 2024034379.932.15$736
Jun 202414934678.082.63$12,545
May 2024035978.812.20$789
Apr 2024032384.451.66$536
Mar 202415234580.301.55$12,739
Feb 2024029976.091.78$533
Jan 2024031773.023.30$1,045
Dec 202315934171.262.61$12,221
Nov 2023034777.892.81$974
Oct 2023038085.443.09$1,173
Sep 202315236589.042.74$14,532
Aug 2023038380.522.67$1,024
Jul 2023034674.852.64$914
Jun 202314627868.962.26$10,696
May 2023033270.622.23$740
Apr 2023034478.122.24$770
Mar 202316738772.852.39$13,092
Feb 2023039075.112.47$962
Jan 2023038876.533.39$1,314
Dec 202214218476.415.73$11,904
Nov 2022036485.005.65$2,055
Oct 2022037687.185.86$2,205
Sep 202213440684.888.16$14,688
Aug 2022038994.529.13$3,550
Jul 20220352101.587.54$2,655
Jun 2022153362115.097.98$20,497
May 20220369109.378.43$3,112
Apr 20220293104.226.84$2,003
Mar 2022147660108.885.08$19,356
Feb 2022063891.054.86$3,100
Jan 2022070481.844.54$3,195
Dec 202112339271.323.90$10,301
Nov 2021026077.435.24$1,362
Oct 2021025779.795.71$1,468
Sep 202118813869.865.35$13,872
Aug 2021017466.024.22$734
Jul 2021014670.783.98$581
Jun 2021011369.493.38$382
May 20211745463.483.02$11,208
Apr 202106660.362.76$182
Mar 202118522461.302.72$11,949
Feb 202103857.805.55$211
Jan 2021034550.412.81$970
Dec 2020032144.642.68$859
Nov 2020033238.772.71$899
Oct 202016238036.972.48$6,931
Sep 2020041237.091.99$820
Aug 202018040639.982.39$8,165
Jul 2020036138.371.83$659
Jun 2020035134.901.69$593
May 2020035616.921.81$646
Apr 202022036214.751.80$3,898
Mar 2020036830.341.86$683
Feb 2020031949.881.98$632
Jan 2020033457.252.09$700
Dec 2019032359.012.30$744
Nov 201916332555.302.75$9,908
Oct 2019025353.472.42$612
Sep 2019030855.052.66$818
Aug 201916841553.112.30$9,879
Jul 2019039756.272.46$977
Jun 2019033252.782.49$827
May 20198627658.482.74$5,786
Apr 2019020562.632.75$564
Mar 201917334256.803.06$10,874
Feb 2019034450.852.79$961
Jan 2019035046.033.23$1,130
Dec 201816335046.594.19$9,059
Nov 2018032652.934.24$1,381
Oct 2018040361.443.40$1,369
Sep 2018030059.543.11$932
Aug 2018039359.403.07$1,205
Jul 20185429265.142.93$4,374
Jun 20181056560.183.08$6,519
May 201806065.382.90$174
Apr 201815136863.842.90$10,707
Mar 2018044061.222.79$1,226
Feb 2018037361.782.77$1,032
Jan 201817535362.874.01$12,418
Dec 2017043657.272.92$1,274
Nov 2017038855.423.12$1,210
Oct 201717040949.292.98$9,600
Sep 2017037947.523.09$1,170
Aug 2017040445.373.00$1,214
Jul 20175758643.873.09$4,310
Jun 2017045142.493.09$1,392
May 201711946845.373.26$6,926
Apr 2017045347.933.21$1,455
Mar 201715846246.772.98$8,768
Feb 2017041750.452.95$1,231
Jan 2017044949.413.42$1,535
Dec 201615840548.763.72$9,212
Nov 2016043042.492.64$1,137
Oct 2016042246.193.09$1,304
Sep 201615639841.553.10$7,716
Aug 2016041041.442.92$1,199
Jul 201611634541.622.92$5,837
Jun 2016043445.352.69$1,166
May 2016026342.521.99$524
Apr 20167426836.561.99$3,239
Mar 20166627733.011.79$2,676
Feb 20165811326.472.06$1,768
Jan 201622338627.352.36$7,012
Dec 201511038232.362.00$4,324
Nov 201510438438.792.17$4,866
Oct 201510741843.552.43$5,674
Sep 201511235242.992.76$5,786
Aug 201511443840.162.87$5,836
Jul 201511249848.152.95$6,859
Jun 201519351656.152.88$12,325
May 201508455.212.96$248
Apr 201510045149.822.71$6,203
Mar 201523047442.892.93$11,256
Feb 201511840744.662.98$6,481
Jan 201515034443.433.10$7,581
Dec 201415150954.693.59$10,086
Nov 2014047270.464.25$2,007
Oct 201429048878.303.90$24,611
Sep 2014047086.164.05$1,901
Aug 201413547289.394.04$13,972
Jul 201419944796.564.18$21,084
Jun 20147443198.164.74$9,305
May 20145723394.734.73$6,501
Apr 20146416795.944.81$6,943
Mar 2014336895.895.06$3,508
Feb 201402497.406.19$149
Jan 201427139890.404.86$26,433
Dec 201312145691.824.35$13,096
Nov 20138133188.853.74$8,434
Oct 20132721797.423.78$3,450
Sep 2013770104.113.72$8,016
Aug 2013169203104.253.52$18,333
Jul 201373571102.523.72$9,607
Jun 20137942294.403.93$9,118
May 201311245594.834.15$12,509
Apr 20138438993.964.28$9,559
Mar 201315431493.623.91$15,646
Feb 2013036291.233.42$1,238
Jan 201317638991.603.42$17,452
Dec 2012041386.773.42$1,413
Nov 201217650686.953.62$17,137
Oct 201217461389.383.40$17,636
Sep 201230759894.672.92$30,809
Aug 2012013692.662.91$396
Jul 2012012485.133.02$375
Jun 2012016179.822.52$406
May 2012014891.612.49$368
Apr 201239185101.652.00$4,334
Mar 20120283105.052.22$629
Feb 20120202101.102.57$519
Jan 2012017398.092.73$473
Dec 20113724496.873.24$4,375
Nov 20111932595.723.31$2,895
Oct 20119515884.983.65$8,650
Sep 20110583.623.99$20
Aug 20110083.404.15$0
Jul 2011027494.144.52$1,238
Jun 201115532092.904.64$15,884
May 2011030198.134.40$1,326
Apr 20110239105.964.33$1,036
Mar 201116615996.364.06$16,641
Feb 2011028485.644.18$1,187
Jan 2011033186.504.59$1,519
Dec 201016830385.734.35$15,720
Nov 2010031480.843.80$1,192
Oct 2010032478.103.51$1,137
Sep 201016233272.633.98$13,087
Aug 2010034773.684.42$1,534
Jul 201017335472.554.74$14,228
Jun 2010037570.364.91$1,841
May 2010039671.124.24$1,677
Apr 201010139781.694.12$9,887
Mar 2010037578.394.39$1,646
Feb 20108322973.585.44$7,353
Jan 201004374.365.96$256
Dec 200905271.445.48$285
Nov 200905474.593.75$203
Oct 20091656072.544.11$12,216
Sep 200907365.543.06$224
Aug 20091627767.423.22$11,170
Jul 200904161.133.46$142
Jun 2009018166.163.90$705
May 200917120754.743.93$10,173
Apr 200916818046.773.59$8,503
Mar 2009017642.144.06$714
Feb 200901932.814.63$88
Jan 2009022735.865.37$1,219
Dec 200815728537.105.98$7,528
Nov 2008010555.496.86$720
Oct 200817917775.246.92$14,693
Sep 20082185101.767.88$1,661
Aug 20080138114.228.48$1,171
Jul 2008179115131.0811.39$24,773
Jun 2008083131.3313.03$1,082
May 2008046123.1711.57$532
Apr 200817216110.3110.45$19,141
Mar 2008068101.909.66$657
Feb 200817011392.538.77$16,721
Jan 200816234290.388.21$17,448
Dec 2007027488.337.30$2,001
Nov 2007131091.677.29$2,352
Oct 2007033482.856.92$2,312
Sep 200716520975.846.24$13,819
Aug 2007034369.066.39$2,191
Jul 200717257370.906.39$15,855
Jun 2007037662.007.55$2,838
May 200716249458.747.85$13,392
Apr 2007039459.617.81$3,075
Mar 200717037056.927.30$12,378
Feb 2007041855.108.22$3,434
Jan 200716141450.306.73$10,883
Dec 2006037456.656.92$2,588
Nov 200617237954.207.62$12,209
Oct 2006039354.906.01$2,363
Sep 200616635660.085.04$11,767
Aug 2006035468.717.34$2,598
Jul 200615325569.376.34$12,231
Jun 2006035366.286.38$2,254
May 200616635066.016.42$13,206
Apr 2006033064.397.36$2,429
Mar 200616930556.707.08$11,743
Feb 2006021057.597.75$1,628
Jan 200616233160.598.93$12,773
Dec 200517025954.9413.42$12,814
Nov 20059227054.6910.59$7,890
Oct 200516626758.3413.80$13,368
Sep 200516614261.4512.08$11,916
Aug 200516817461.519.80$12,038
Jul 2005014055.697.84$1,098
Jun 200516914852.337.38$9,936
May 200517915345.226.65$9,112
Apr 200517116849.207.36$9,650
Mar 2005020550.377.15$1,467
Feb 200517320845.226.31$9,136
Jan 200516620743.166.32$8,473
Dec 200417720039.866.75$8,405
Nov 200417020945.286.33$9,021
Oct 200417328449.706.52$10,448
Sep 200418032143.245.28$9,479
Aug 200420450742.375.55$11,458
Jul 200438263938.286.08$18,511
Jun 200453673436.106.43$24,071
May 200432981237.486.49$17,605
Apr 200476591234.475.86$31,712
Mar 20041113634.365.53$1,130
Feb 200418011032.455.51$6,447
Jan 2004011632.036.30$731
Dec 2003621930.266.30$1,562
Nov 200318726328.804.60$6,594
Oct 2003124428.174.76$1,190
Sep 2003115926.314.75$781
Aug 200317614329.765.13$5,971
Jul 2003012329.415.17$636
Jun 200318011328.565.98$5,817
May 200307326.595.97$436
Apr 200304226.675.41$227
Mar 20031727531.146.10$5,813
Feb 200337233.487.93$671
Jan 200319630.315.58$566
Dec 2002010026.914.85$485
Nov 200218212324.664.14$4,997
Oct 200208926.464.23$376
Sep 200207427.443.64$269
Aug 200217913025.963.16$5,058
Jul 2002113024.583.06$423
Jun 200217113823.733.34$4,519
May 2002013824.663.58$495
Apr 2002014523.653.51$509
Mar 200218015822.003.10$4,450
Feb 2002020418.222.38$485
Jan 200218718217.172.38$3,643
Dec 2001019016.932.36$449
Nov 2001016118.072.41$387
Oct 200118020719.782.53$4,084
Sep 2001124424.262.25$574
Aug 2001223524.873.05$767
Jul 2001317423.933.20$628
Jun 2001024324.563.82$929
May 200118525125.524.31$5,802
Apr 2001132824.685.34$1,775
Mar 2001037224.545.38$2,000
Feb 2001033227.755.77$1,915
Jan 2001036327.478.40$3,049
Dec 2000036626.889.12$3,339
Nov 2000035932.215.66$2,031
Oct 2000035531.235.15$1,827
Sep 2000033031.875.19$1,712
Aug 2000035029.644.54$1,589
Jul 2000035128.534.09$1,436
Jun 200015820629.304.40$5,535
May 2000020927.263.68$769
Apr 2000010324.513.12$321
Mar 200018611628.422.86$5,618
Feb 2000011227.622.73$305
Jan 2000016525.272.48$409
Dec 199922313924.282.42$5,751
Nov 1999018323.192.43$445
Oct 1999221420.982.80$642
Sep 1999025221.752.62$660
Aug 199918824819.262.88$4,334
Jul 199903517.892.37$83
Jun 1999026015.942.36$614
May 1999037715.792.32$875
Apr 199917742315.102.21$3,607
Mar 1999046812.471.84$860
Feb 19991774959.981.82$2,666
Jan 1999054510.381.90$1,035
Dec 19981685249.201.77$2,475
Nov 1998054510.892.19$1,191
Oct 199817653912.421.97$3,247
Sep 199818044612.592.08$3,195
Aug 1998037211.301.91$710
Jul 199816729711.742.24$2,625
Jun 199817241211.242.24$2,855
May 199816851512.622.21$3,256
Apr 1998051113.042.51$1,280
Mar 199813058012.802.31$3,003
Feb 199813960713.952.30$3,335
Jan 199816368414.702.15$3,870
Dec 1997069816.322.41$1,683
Nov 199716665618.193.09$5,045
Oct 1997249719.253.15$1,604
Sep 199718164617.742.95$5,120
Aug 199717755717.862.55$4,584
Jul 1997357317.582.25$1,340
Jun 199717359017.242.26$4,314
May 199717375118.972.31$5,015
Apr 1997078117.882.08$1,627
Mar 199716984418.951.94$4,839
Feb 199716475220.492.21$5,019
Jan 199718236223.483.54$5,555
Dec 199618659223.32$4,338
Nov 199617870721.97$3,911
Oct 1996045423.31$0
Sep 199618285322.22$4,044
Aug 199618088120.26$3,647
Jul 199617983119.55$3,499
Jun 199635726718.73$6,687
May 199601819.43$0
Apr 199635731921.51$7,679
Mar 199601,17219.38$0
Feb 199636897316.98$6,249
Jan 1996098617.07$0
Dec 199535998217.19$6,171
Nov 19951781,05516.00$2,848
Oct 19951801,00815.43$2,777
Sep 19951821,06116.18$2,945
Aug 19951721,22415.92$2,738
Jul 19951811,19315.24$2,758
Jun 199518192916.41$2,970
May 19951871,16417.56$3,284
Apr 19951791,16117.73$3,174
Mar 19951781,16616.44$2,926
Feb 19953561,13016.58$5,902
Jan 19951661,17615.92$2,643
Dec 19945251,22815.03$7,891
Nov 199401,16315.90$0
Oct 19943511,27915.58$5,469
Sep 19943581,02815.29$5,474
Aug 19941831,22116.13$2,952
Jul 19945401,31017.56$9,482
Jun 19943581,10117.09$6,118
May 199418171515.88$2,874
Apr 1994272314.14$28
Mar 199441,10512.46$50
Feb 199418586112.50$2,313
Jan 199433784812.66$4,266
Dec 19932988212.33$358
Nov 19931911,10914.49$2,768
Oct 199381,36715.85$127
Sep 199391,21915.03$135
Aug 19933651,44015.66$5,716
Jul 19933651,99015.46$5,643
Jun 19931912,11616.79$3,207
May 199354392617.68$9,600
Apr 19938981,64218.05$16,209
Mar 199337385518.14$6,766
Feb 19931236117.90$215
Jan 199319336816.93$3,267

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas       300 Mcf  × $  2.87 =       $861

────────────────────────────────────────────────────
Month total                                     $861

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/421 is the state's own key, not one this site invented.