UNIVERSITY LANDS A 37

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

Oil lease lease 42495District 08Field 59337001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.7 M
Feb 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
172
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 114 leases and 4,417 wells, and the rule below applies to all of them.

Discovered
1941-12-31
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: WAS STATED AS THE GRAYBURG SAN ANDRES DOLOMITE AT 3000FT.

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
OilDisposition78,752 bbl$6,666,176
Casinghead gasProduction512,419 Mcf$2,014,038
Total$8,680,213

Wells on this lease (5)

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 31.4422, -102.4121. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.44463, -102.41122 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
3,032 ft
5 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.
5100.0%

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 2,990 and 3,963 ft, median 3,032 ft, over the 5 wells that filed a depth.

Completions filed
Feb 2012 – Jan 2013
5 of 5 wells

5 wells

42-103360794H3,032 ftJan 2013
42-103359381H3,032 ftSep 2012
42-103359726H2,990 ftJun 2012
42-103359403H3,031 ftApr 2012
42-103359441SW3,963 ftFeb 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 (172)

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

172 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202417073.023.30$1,241
Dec 20236644071.262.61$5,852
Nov 20236547977.892.81$6,408
Oct 20235270585.443.09$6,619
Sep 20232667489.042.74$4,158
Aug 20235176080.522.67$6,138
Jul 20236566374.852.64$6,617
Jun 20237043968.962.26$5,819
May 20238374570.622.23$7,521
Apr 20234562078.122.24$4,903
Mar 20236528672.852.39$5,420
Feb 20235013475.112.47$4,086
Jan 20232411776.533.39$2,233
Dec 20227411576.415.73$6,313
Nov 20226311385.005.65$5,993
Oct 20224210587.185.86$4,277
Sep 20224910084.888.16$4,975
Aug 20225713694.529.13$6,629
Jul 202266150101.587.54$7,836
Jun 202283147115.097.98$10,725
May 202282208109.378.43$10,722
Apr 2022110201104.226.84$12,839
Mar 2022138220108.885.08$16,142
Feb 202211017491.054.86$10,861
Jan 20229130781.844.54$8,841
Dec 20216367271.323.90$7,113
Nov 20217070977.435.24$9,133
Oct 20217673379.795.71$10,252
Sep 202115167969.865.35$14,182
Aug 202111058866.024.22$9,744
Jul 20217056170.783.98$7,189
Jun 20215921969.493.38$4,840
May 20218031763.483.02$6,035
Apr 20215832960.362.76$4,408
Mar 20217134061.302.72$5,276
Feb 20214223557.805.55$3,731
Jan 20217835950.412.81$4,941
Dec 20205037044.642.68$3,222
Nov 20207266438.772.71$4,589
Oct 2020761,12036.972.48$5,586
Sep 20204086637.091.99$3,208
Aug 20204957139.982.39$3,321
Jul 202039038.371.83$1,496
Jun 202013034.901.69$454
May 202020016.921.81$338
Apr 202014014.751.80$207
Mar 202031030.341.86$941
Feb 202022049.881.98$1,097
Jan 202021057.252.09$1,202
Dec 201947059.012.30$2,773
Nov 201963055.302.75$3,484
Oct 201948053.472.42$2,567
Sep 201964055.052.66$3,523
Aug 2019140053.112.30$7,435
Jul 2019389056.272.46$21,889
Jun 2019266052.782.49$14,039
May 2019269058.482.74$15,731
Apr 2019130062.632.75$8,142
Mar 201961056.803.06$3,465
Feb 2019511050.852.79$2,621
Jan 2019542246.033.23$2,557
Dec 20184039446.594.19$3,513
Nov 20185574552.934.24$6,068
Oct 20186984361.443.40$7,104
Sep 2018901,51059.543.11$10,052
Aug 20181191,54159.403.07$11,794
Jul 20181211,66365.142.93$12,758
Jun 20181501,63960.183.08$14,070
May 20181401,63765.382.90$13,902
Apr 2018991,22263.842.90$9,865
Mar 20181611,12261.222.79$12,983
Feb 201818995561.782.77$14,318
Jan 20181391,19262.874.01$13,518
Dec 20171541,16457.272.92$12,220
Nov 201713741655.423.12$8,890
Oct 201714473349.292.98$9,285
Sep 20171972,68747.523.09$17,657
Aug 20173062,73345.373.00$22,094
Jul 201732243443.873.09$15,466
Jun 201728331442.493.09$12,994
May 201729849545.373.26$15,136
Apr 201723337047.933.21$12,356
Mar 201739138646.772.98$19,439
Feb 201728842650.452.95$15,787
Jan 20174712049.413.42$2,733
Dec 2016646248.763.72$3,351
Nov 20169410142.492.64$4,261
Oct 20169184646.193.09$6,818
Sep 20168580741.553.10$6,034
Aug 20166430441.442.92$3,541
Jul 20166378341.622.92$4,912
Jun 20168754045.352.69$5,396
May 201612152242.521.99$6,184
Apr 201616079536.561.99$7,432
Mar 201610413133.011.79$3,668
Feb 2016796926.472.06$2,234
Jan 20166293627.352.36$3,909
Dec 20151321,74132.362.00$7,756
Nov 20152063,13238.792.17$14,779
Oct 20152093,51643.552.43$17,634
Sep 20152434,16642.992.76$21,938
Aug 20153122,86240.162.87$20,751
Jul 20153293,55348.152.95$26,305
Jun 20157255,79056.152.88$57,401
May 20156764,98355.212.96$52,049
Apr 20156775,26749.822.71$47,984
Mar 20155396,79642.892.93$43,062
Feb 20155335,69944.662.98$40,765
Jan 20156868,17743.433.10$55,147
Dec 20149507,60954.693.59$79,282
Nov 20141,25013,81270.464.25$146,801
Oct 201478011,66978.303.90$106,594
Sep 201489713,76286.164.05$132,959
Aug 201482512,43789.394.04$123,932
Jul 201492815,14096.564.18$152,887
Jun 201499110,74198.164.74$148,155
May 20141,18310,79994.734.73$163,108
Apr 20141,86110,21695.944.81$227,674
Mar 20141,7788,23295.895.06$212,120
Feb 20141,76936,22397.406.19$396,593
Jan 20141,98839,35590.404.86$371,009
Dec 20133,24024,06591.824.35$402,287
Nov 20132,50116,44888.853.74$283,701
Oct 20131,45915,22797.423.78$199,684
Sep 20131,85814,429104.113.72$247,080
Aug 20132,58715,106104.253.52$322,907
Jul 20132,77113,318102.523.72$333,596
Jun 20132,7899,19394.403.93$299,441
May 20133,0529,95194.834.15$330,709
Apr 20132,9326,66593.964.28$304,034
Mar 20133,3067,59493.623.91$339,222
Feb 20131,7693,69591.233.42$174,022
Jan 20131,4444,31991.603.42$147,041
Dec 20122,1328,32486.773.42$213,463
Nov 20121,61513,43886.953.62$189,136
Oct 20122,71617,67589.383.40$302,845
Sep 20121,82714,78694.672.92$216,114
Aug 20121,83312,37192.662.91$205,823
Jul 20122,3946,85185.133.02$224,497
Jun 20122,5483,08279.822.52$211,145
May 20123,6652,16691.612.49$341,140
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$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.

Jan 2024 — as filed, then multipliedworked
Oil                   17 bbl  × $ 73.02 =     $1,241
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,241

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/42495 is the state's own key, not one this site invented.