UNIVERSITY 25

Operated by R3 OPERATING CORPORATION (P-5 103624) in the J. CLEO THOMPSON (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42692District 08Field 44964750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.0 M
Jan 2012 – May 2026
Value, last 12 filed months
$320 k
at the published price for each month
Months reported
173
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1965-09-04
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

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
OilDisposition77,682 bbl$5,338,366
Casinghead gasProduction193,103 Mcf$644,479
Total$5,982,846

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 31.4961, -102.3213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49607, -102.32127 · 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
12,133 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 12,133 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-10333320312,133 ftJan 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 (173)

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

173 months

May 20263211,369106.413.05$38,327
Apr 20263021,50498.932.87$34,193
Mar 202640332689.753.15$37,196
Feb 202630259663.503.75$21,412
Jan 20263011,03959.138.00$26,108
Dec 20253881,22256.664.41$27,377
Nov 20253501,16458.593.93$25,077
Oct 202525295659.383.30$18,123
Sep 202532893162.743.08$23,443
Aug 20253651,54863.933.01$28,001
Jul 20252852366.743.32$19,097
Jun 20252691,20666.483.13$21,656
May 202536060.553.23$2,180
Apr 202512073362.363.54$10,080
Mar 20253011,08667.704.27$25,013
Feb 202513237270.884.34$10,971
Jan 202523271874.324.28$20,314
Dec 2024388068.993.12$26,768
Nov 2024408069.052.20$28,172
Oct 20244344171.372.28$31,068
Sep 20243831,75269.612.36$30,803
Aug 20243921,60575.632.06$32,959
Jul 20244961,25079.932.15$42,329
Jun 20243521,73278.082.63$32,046
May 20245421,93178.812.20$46,960
Apr 20247311,91284.451.66$64,905
Mar 20244412,08480.301.55$38,632
Feb 2024063276.091.78$1,127
Jan 202417747773.023.30$14,498
Dec 20233691,21171.262.61$29,457
Nov 20233711,19177.892.81$32,241
Oct 20233491,31685.443.09$33,881
Sep 202354385689.042.74$50,690
Aug 2023182080.522.67$14,655
Jul 2023365074.852.64$27,320
Jun 202337069468.962.26$27,083
May 20233581,26770.622.23$28,104
Apr 20233221,21078.122.24$27,862
Mar 20235591,28072.852.39$43,786
Feb 20235581,09775.112.47$44,616
Jan 202332619076.533.39$25,592
Dec 2022261076.415.73$19,943
Nov 2022205085.005.65$17,425
Oct 20223481,40787.185.86$38,589
Sep 20220084.888.16$0
Aug 20223601,31894.529.13$46,057
Jul 20221251,089101.587.54$20,911
Jun 20223601,279115.097.98$51,635
May 20222351,396109.378.43$37,474
Apr 20222461,312104.226.84$34,609
Mar 20223571,014108.885.08$44,018
Feb 2022028991.054.86$1,404
Jan 20223631,19981.844.54$35,149
Dec 20217601,70771.323.90$60,859
Nov 20219445877.435.24$73,398
Oct 202172557279.795.71$61,116
Sep 2021739069.865.35$51,627
Aug 2021999066.024.22$65,954
Jul 20211,061070.783.98$75,098
Jun 2021914069.493.38$63,514
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202082038.772.71$3,179
Oct 20200036.972.48$0
Sep 202016981637.091.99$7,893
Aug 20203392,08739.982.39$18,531
Jul 20203532,08938.371.83$17,357
Jun 20203472,06434.901.69$15,599
May 20203512,17416.921.81$9,884
Apr 20203522,05114.751.80$8,893
Mar 20203091,17830.341.86$11,562
Feb 202020698349.881.98$12,222
Jan 20203041,14757.252.09$19,807
Dec 20192011,18259.012.30$14,585
Nov 20195111,48055.302.75$32,329
Oct 20194061,57953.472.42$25,528
Sep 201930270955.052.66$18,509
Aug 20195041,91553.112.30$31,180
Jul 20193941,10756.272.46$24,894
Jun 20195911,67652.782.49$35,368
May 201919871158.482.74$13,527
Apr 20193931,24562.632.75$28,038
Mar 20195101,43056.803.06$33,347
Feb 20193801,00550.852.79$22,129
Jan 201921138346.033.23$10,949
Dec 201831484146.594.19$18,149
Nov 201832379752.934.24$20,473
Oct 20185361,52161.443.40$38,100
Sep 20182111,00359.543.11$15,680
Aug 20185181,57559.403.07$35,599
Jul 20184231,37865.142.93$31,594
Jun 20185101,33560.183.08$34,799
May 20183991,51365.382.90$30,476
Apr 20186261,49663.842.90$44,303
Mar 20184051,42961.222.79$28,776
Feb 201830859261.782.77$20,666
Jan 201820956162.874.01$15,389
Dec 20175291,48457.272.92$34,631
Nov 201731295355.423.12$20,263
Oct 20174141,49849.292.98$24,876
Sep 20175141,52347.523.09$29,127
Aug 20175121,59245.373.00$28,012
Jul 20173001,35443.873.09$17,341
Jun 20175281,36042.493.09$26,633
May 20175191,73045.373.26$29,193
Apr 20176541,71747.933.21$36,861
Mar 20176551,76746.772.98$35,907
Feb 20172581,59950.452.95$17,737
Jan 20176691,63249.413.42$38,635
Dec 20166621,78548.763.72$38,924
Nov 20166621,55942.492.64$32,251
Oct 20163961,28246.193.09$22,253
Sep 20166511,67741.553.10$32,249
Aug 20166501,81241.442.92$32,235
Jul 20166491,92041.622.92$32,626
Jun 201626490045.352.69$14,390
May 20166461,83642.521.99$31,123
Apr 20166551,72136.561.99$27,373
Mar 20165201,59033.011.79$20,018
Feb 20165221,65126.472.06$17,224
Jan 20166561,54727.352.36$21,599
Dec 20156591,70932.362.00$24,746
Nov 20159131,80638.792.17$39,329
Oct 201551893743.552.43$24,833
Sep 20153851,53342.992.76$20,780
Aug 2015164040.162.87$6,586
Jul 2015528048.152.95$25,423
Jun 2015667056.152.88$37,452
May 2015521055.212.96$28,764
Apr 2015680049.822.71$33,878
Mar 2015529042.892.93$22,689
Feb 2015805044.662.98$35,951
Jan 2015544043.433.10$23,626
Dec 2014544054.693.59$29,751
Nov 20148151,01370.464.25$61,732
Oct 2014687078.303.90$53,792
Sep 20147652,31186.164.05$75,261
Aug 201467729689.394.04$61,711
Jul 201453413496.564.18$52,123
Jun 20147082,56798.164.74$81,657
May 20148511,85594.734.73$89,383
Apr 20147031,16295.944.81$73,034
Mar 20145631,98195.895.06$64,004
Feb 20146011,81297.406.19$69,757
Jan 20147392,27390.404.86$77,854
Dec 20137412,14791.824.35$77,388
Nov 20138802,39088.853.74$87,122
Oct 20135732,52797.423.78$65,372
Sep 2013599916104.113.72$65,767
Aug 20132882,214104.253.52$37,823
Jul 20137062,412102.523.72$81,346
Jun 20137102,33794.403.93$76,216
May 20135692,47294.834.15$64,215
Apr 20137102,38693.964.28$76,930
Mar 20131,1402,62693.623.91$117,002
Feb 20135762,25891.233.42$60,271
Jan 20139992,87991.603.42$101,354
Dec 20121,1322,81386.773.42$107,845
Nov 20121,1252,95086.953.62$108,512
Oct 20121,1212,96289.383.40$110,265
Sep 20121,1003,10094.672.92$113,184
Aug 201247639292.662.91$45,246
Jul 20122312985.133.02$19,753
Jun 20121593379.822.52$12,775
May 201203991.612.49$97
Apr 201235329101.652.00$35,940
Mar 201214857105.052.22$15,674
Feb 2012645101.102.57$6,483
Jan 2012853998.092.73$8,444

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                  321 bbl  × $106.41 =    $34,158
Casinghead gas     1,369 Mcf  × $  3.05 =     $4,170

────────────────────────────────────────────────────
Month total                                  $38,327

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/42692 is the state's own key, not one this site invented.