UNIVERSITY LANDS 19

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 42364District 08Field 26538001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.6 M
Oct 2011 – May 2026
Value, last 12 filed months
$265 k
at the published price for each month
Months reported
176
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
OilDisposition117,092 bbl$9,319,178
Casinghead gasProduction103,898 Mcf$312,058
Total$9,631,236

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 31.4969, -102.4156. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.49693, -102.41563 · 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
3,176 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 3,157 and 3,195 ft, median 3,176 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2011 – Jun 2015
2 of 2 wells

2 wells

42-103359822H3,195 ftJun 2015
42-103358551H3,157 ftOct 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 (176)

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

176 months

May 2026197402106.413.05$22,187
Apr 202614438998.932.87$15,362
Mar 20261839389.753.15$2,853
Feb 2026012063.503.75$450
Jan 20262173859.138.00$13,135
Dec 202577439556.664.41$45,598
Nov 202553840658.593.93$33,116
Oct 202561342559.383.30$37,805
Sep 202545832262.743.08$29,726
Aug 202518431663.933.01$12,716
Jul 202533536066.743.32$23,551
Jun 202540933466.483.13$28,235
May 202511930960.553.23$8,204
Apr 20259528462.363.54$6,930
Mar 202517730867.704.27$13,298
Feb 20256129370.884.34$5,596
Jan 202510534974.324.28$9,297
Dec 20249134068.993.12$7,339
Nov 202413829969.052.20$10,186
Oct 202421033771.372.28$15,757
Sep 202415325869.612.36$11,260
Aug 202429740975.632.06$23,306
Jul 202422839679.932.15$19,074
Jun 202415037578.082.63$12,700
May 202435946678.812.20$29,317
Apr 202420646584.451.66$18,168
Mar 202415046180.301.55$12,757
Feb 202417847776.091.78$14,395
Jan 202413327773.023.30$10,625
Dec 202317328371.262.61$13,067
Nov 202317429977.892.81$14,392
Oct 202324234585.443.09$21,742
Sep 202323529689.042.74$21,734
Aug 202330642680.522.67$25,778
Jul 202313742474.852.64$11,375
Jun 202310837868.962.26$8,301
May 20239444870.622.23$7,636
Apr 202337745678.122.24$30,472
Mar 202328147572.852.39$21,608
Feb 202341940275.112.47$32,462
Jan 202347344376.533.39$37,699
Dec 202232145876.415.73$27,152
Nov 202255847185.005.65$50,089
Oct 202236556587.185.86$35,134
Sep 202214347884.888.16$16,040
Aug 202226145294.529.13$28,795
Jul 2022249227101.587.54$27,005
Jun 2022361455115.097.98$45,177
May 202299365109.378.43$13,906
Apr 2022153386104.226.84$18,585
Mar 2022230308108.885.08$26,606
Feb 202215927491.054.86$15,808
Jan 202231627381.844.54$27,100
Dec 202115629571.323.90$12,276
Nov 202127631777.435.24$23,031
Oct 202129028379.795.71$24,756
Sep 202137725069.865.35$27,675
Aug 202114236766.024.22$10,924
Jul 202118112070.783.98$13,289
Jun 202114420469.493.38$10,696
May 202141327363.483.02$27,041
Apr 202140331760.362.76$25,200
Mar 202126731061.302.72$17,209
Feb 202128220757.805.55$17,448
Jan 202136023450.412.81$18,805
Dec 202039623344.642.68$18,301
Nov 202037321638.772.71$15,046
Oct 202033945036.972.48$13,648
Sep 202033620637.091.99$12,872
Aug 202025697539.982.39$12,560
Jul 2020211038.371.83$8,096
Jun 202012735934.901.69$5,039
May 20204132,06316.921.81$10,732
Apr 20202931,90914.751.80$7,766
Mar 20203211,00330.341.86$11,601
Feb 202033094849.881.98$18,338
Jan 20204091,01057.252.09$25,531
Dec 201935377259.012.30$22,610
Nov 20195261,06955.302.75$32,028
Oct 20195891,11953.472.42$34,200
Sep 20195822,43655.052.66$38,512
Aug 20194372,90253.112.30$29,896
Jul 20194432,76956.272.46$31,740
Jun 20193362,79552.782.49$24,697
May 201949124658.482.74$29,388
Apr 201944456562.632.75$29,362
Mar 201952510356.803.06$30,135
Feb 20195382,17650.852.79$33,433
Jan 20194521,52246.033.23$25,719
Dec 201845089546.594.19$24,711
Nov 201826726852.934.24$15,268
Oct 201848228761.443.40$30,589
Sep 201858324759.543.11$35,480
Aug 201847116059.403.07$28,468
Jul 201843417765.142.93$28,790
Jun 201845821860.183.08$28,233
May 201851317265.382.90$34,039
Apr 201852020763.842.90$33,797
Mar 201845322161.222.79$28,349
Feb 201831117261.782.77$19,689
Jan 201840721662.874.01$26,454
Dec 201745554057.272.92$27,635
Nov 201736884755.423.12$23,036
Oct 20172321,30849.292.98$15,338
Sep 20172461,22847.523.09$15,481
Aug 201735654245.373.00$17,780
Jul 2017234043.873.09$10,266
Jun 201726042.493.09$1,105
May 201723045.373.26$1,044
Apr 201721047.933.21$1,007
Mar 201734046.772.98$1,590
Feb 2017321850.452.95$1,668
Jan 20176817749.413.42$3,965
Dec 20168027648.763.72$4,928
Nov 20161515742.492.64$6,567
Oct 201633639446.193.09$16,737
Sep 201632763341.553.10$15,550
Aug 201646285341.442.92$21,640
Jul 201635373941.622.92$16,853
Jun 201627042345.352.69$13,381
May 201644280942.521.99$20,405
Apr 201639957036.561.99$15,722
Mar 201648451333.011.79$16,897
Feb 201639737226.472.06$11,276
Jan 201654456527.352.36$16,214
Dec 201556477732.362.00$19,806
Nov 201562465438.792.17$25,622
Oct 20156191,05543.552.43$29,517
Sep 20157361,03642.992.76$34,498
Aug 201551154340.162.87$22,082
Jul 201549972648.152.95$26,165
Jun 201555463356.152.88$32,932
May 201559492655.212.96$35,531
Apr 201533579449.822.71$18,839
Mar 201566397942.892.93$31,309
Feb 201552491944.662.98$26,137
Jan 201577252243.433.10$35,146
Dec 201476114754.693.59$42,147
Nov 201496622170.464.25$69,004
Oct 201477419878.303.90$61,377
Sep 20141,32331086.164.05$115,244
Aug 20141,25549589.394.04$114,182
Jul 20141,24319196.564.18$120,822
Jun 201473413398.164.74$72,679
May 20141,0774594.734.73$102,237
Apr 20141,35010795.944.81$130,034
Mar 20141,40911095.895.06$135,665
Feb 20141,3658897.406.19$133,496
Jan 20141,6627390.404.86$150,600
Dec 20131,53610791.824.35$141,501
Nov 20131,20833988.853.74$108,598
Oct 20131,68328797.423.78$165,043
Sep 20131,700438104.113.72$178,615
Aug 20131,473479104.253.52$155,248
Jul 20131,530443102.523.72$158,503
Jun 20132,33862294.403.93$223,154
May 20131,60368594.834.15$154,855
Apr 20132,01864593.964.28$192,374
Mar 20131,95361393.623.91$185,238
Feb 20131,52554991.233.42$141,003
Jan 20131,67878291.603.42$156,379
Dec 20122,1971,13086.773.42$194,498
Nov 20123,0561,54586.953.62$271,320
Oct 20123,9282,35489.383.40$359,087
Sep 20122,3011,20094.672.92$221,338
Aug 20122,6881,27292.662.91$252,769
Jul 20123,0252,42585.133.02$264,844
Jun 20123,9372,82879.822.52$321,375
May 20124,7053,13391.612.49$438,821
Apr 20123,9232,325101.652.00$403,416
Mar 20125,0632,111105.052.22$536,559
Feb 20123,6391,387101.102.57$371,468
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$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                  197 bbl  × $106.41 =    $20,963
Casinghead gas       402 Mcf  × $  3.05 =     $1,224

────────────────────────────────────────────────────
Month total                                  $22,187

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/42364 is the state's own key, not one this site invented.