UNIVERSITY 19-22

Operated by SHELL WESTERN E&P (P-5 774719) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42423District 08Field 71052900OilCasinghead gasSave
Value, all time
$9.0 M
Jun 2012 – Aug 2017
Value, last 12 filed months
$881 k
at the published price for each month
Months reported
63
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition116,587 bbl$8,505,460
Casinghead gasProduction143,839 Mcf$486,877
Total$8,992,337

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 31.6585, -103.3875. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65854, -103.38747 · 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
11,423 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 11,423 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-301317082H11,423 ftJul 2012

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 (63)

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

63 months

Aug 20171,62779945.373.00$76,218
Jul 20170043.873.09$0
Jun 201773551642.493.09$32,823
May 20171,1321,50445.373.26$56,267
Apr 20171,4601,29547.933.21$74,137
Mar 20179461,84546.772.98$49,749
Feb 20171,3171,63350.452.95$71,264
Jan 20171,5011,95149.413.42$80,834
Dec 20161,4792,12948.763.72$80,042
Nov 20161,3711,88242.492.64$63,230
Oct 20164,0461,27346.193.09$190,819
Sep 20162,4181,61541.553.10$105,475
Aug 20161,3111,21041.442.92$57,866
Jul 201655077741.622.92$25,163
Jun 20163901,05345.352.69$20,515
May 20162,0372,01642.521.99$90,627
Apr 20161,1411,21636.561.99$44,136
Mar 20169701,34933.011.79$34,440
Feb 20169732,05826.472.06$30,002
Jan 20161,8002,07627.352.36$54,138
Dec 20151,1091,54632.362.00$38,981
Nov 20159321,91238.792.17$40,296
Oct 20151,3261,27643.552.43$60,844
Sep 20152,0301,72642.992.76$92,031
Aug 20157392,05640.162.87$35,584
Jul 20151,8062,15548.152.95$93,306
Jun 20151,6722,32456.152.88$100,583
May 20152,1702,57755.212.96$127,422
Apr 20151,3042,57849.822.71$71,943
Mar 20152,2102,54242.892.93$102,247
Feb 20159422,46644.662.98$49,409
Jan 20159411,83643.433.10$46,560
Dec 20142,3742,38354.693.59$138,392
Nov 20141,3552,69370.464.25$106,924
Oct 20142,3492,97778.303.90$195,540
Sep 20141,8792,70086.164.05$172,817
Aug 20141,4653,04789.394.04$143,251
Jul 20142,2033,29496.564.18$226,489
Jun 20142,4083,28998.164.74$251,949
May 20142,4063,57494.734.73$244,813
Apr 20142,4363,33095.944.81$249,724
Mar 20142,2192,98595.895.06$227,874
Feb 20142,1202,24297.406.19$220,370
Jan 201492499390.404.86$88,356
Dec 20131,68835291.824.35$156,525
Nov 20131,31990388.853.74$120,569
Oct 20131,66951697.423.78$164,544
Sep 20131,118546104.113.72$118,425
Aug 20132,036994104.253.52$215,754
Jul 20131,6431,562102.523.72$174,247
Jun 20131,64066994.403.93$157,447
May 20131,2771,69794.834.15$128,139
Apr 20132,5061,54993.964.28$242,097
Mar 20132,6843,70893.623.91$265,785
Feb 20131,5402,31191.233.42$148,398
Jan 20131,8762,25991.603.42$179,567
Dec 20122,4703,42486.773.42$226,033
Nov 20123,3853,83786.953.62$308,235
Oct 20123,5594,79189.383.40$334,391
Sep 20124,8296,55194.672.92$476,280
Aug 20127,70612,00092.662.91$748,936
Jul 20125,1197,71485.133.02$459,083
Jun 201201,75879.822.52$4,428

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.

Aug 2017 — as filed, then multipliedworked
Oil                1,627 bbl  × $ 45.37 =    $73,817
Casinghead gas       799 Mcf  × $  3.00 =     $2,401

────────────────────────────────────────────────────
Month total                                  $76,218

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/42423 is the state's own key, not one this site invented.