UNIVERSITY 11-26

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the EMBAR (PERMIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42854District 08Field 28843666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.8 M
Apr 2012 – May 2026
Value, last 12 filed months
$353 k
at the published price for each month
Months reported
170
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 40 leases and 358 wells, and the rule below applies to all of them.

Discovered
1942-10-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2014-04-22.

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: THERE IS NO MAXIMUM 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
OilDisposition75,961 bbl$4,930,198
Casinghead gasProduction257,063 Mcf$845,874
Total$5,776,072

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 32.1262, -102.7515. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.12624, -102.75155 · 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
50.0%
1 of 2 wells
Median depth
5,742 ft
2 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 5,546 and 5,938 ft, median 5,742 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2012 – Nov 2012
2 of 2 wells
Plug dates filed
Sep 2007
1 of 2 wells; 1 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-003065223H5,546 ftNov 2012Sep 2007
42-0034402425,938 ftApr 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 (170)

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

170 months

May 202600106.413.05$0
Apr 20261,4571,33398.932.87$147,966
Mar 20261841,32289.753.15$20,678
Feb 20261861,00463.503.75$15,576
Jan 202616591559.138.00$17,075
Dec 20251851,13656.664.41$15,496
Nov 20253431,13758.593.93$24,561
Oct 20251691,31159.383.30$14,368
Sep 20253551,29462.743.08$26,254
Aug 20251781,36363.933.01$15,489
Jul 20255161,43866.743.32$39,205
Jun 20251771,37966.483.13$16,081
May 20253571,40560.553.23$26,158
Apr 20253641,37162.363.54$27,557
Mar 20253691,30167.704.27$30,534
Feb 20251701,06070.884.34$16,651
Jan 20253721,17574.324.28$32,674
Dec 20243791,43768.993.12$30,633
Nov 20243671,35569.052.20$28,320
Oct 20241811,36071.372.28$16,021
Sep 20241841,13369.612.36$15,487
Aug 20245421,46675.632.06$44,017
Jul 20243711,44379.932.15$32,752
Jun 20241861,39478.082.63$18,195
May 20243701,26178.812.20$31,932
Apr 20241801,31384.451.66$17,380
Mar 20241861,16180.301.55$16,730
Feb 20243691,23076.091.78$30,271
Jan 20241871,21573.023.30$17,661
Dec 20233721,37771.262.61$30,104
Nov 20233741,40577.892.81$33,075
Oct 20235451,49985.443.09$51,193
Sep 20231841,34789.042.74$20,067
Aug 20235521,46280.522.67$48,355
Jul 20231811,41274.852.64$17,278
Jun 20233701,37868.962.26$28,627
May 20233661,37470.622.23$28,907
Apr 20235301,47278.122.24$44,698
Mar 20233561,41272.852.39$29,314
Feb 20231801,13075.112.47$16,306
Jan 20233511,26576.533.39$31,148
Dec 20223581,12876.415.73$33,817
Nov 20223501,10685.005.65$35,995
Oct 20221771,15587.185.86$22,204
Sep 20221791,22584.888.16$25,194
Aug 20223591,27894.529.13$45,597
Jul 20221781,298101.587.54$27,871
Jun 20223491,154115.097.98$49,372
May 20223521,291109.378.43$49,385
Apr 20221721,220104.226.84$26,268
Mar 20223581,236108.885.08$45,253
Feb 202218099091.054.86$21,199
Jan 20223601,29181.844.54$35,321
Dec 20213571,31871.323.90$30,600
Nov 20213591,24777.435.24$34,328
Oct 202115595879.795.71$17,841
Sep 202137265169.865.35$29,471
Aug 202134892166.024.22$26,862
Jul 202133147270.783.98$25,308
Jun 202118353169.493.38$14,512
May 202136129463.483.02$23,803
Apr 202134651360.362.76$22,300
Mar 202117532961.302.72$11,621
Feb 202117949457.805.55$13,087
Jan 20213601,40350.412.81$22,090
Dec 20203511,43344.642.68$19,503
Nov 20201801,43338.772.71$10,857
Oct 20203591,41036.972.48$16,767
Sep 20203521,17937.091.99$15,403
Aug 20203531,13539.982.39$16,820
Jul 202034573838.371.83$14,585
Jun 20203581,03434.901.69$14,242
May 20203601,11816.921.81$8,120
Apr 20205571,51714.751.80$10,953
Mar 20203611,76930.341.86$14,236
Feb 20203501,70449.881.98$20,833
Jan 20203681,77857.252.09$24,792
Dec 20193681,73859.012.30$25,721
Nov 20193361,69155.302.75$23,232
Oct 20193451,73253.472.42$22,636
Sep 20195101,66555.052.66$32,500
Aug 20193241,86953.112.30$21,514
Jul 20195481,80056.272.46$35,264
Jun 20193461,83652.782.49$22,836
May 20193441,62958.482.74$24,581
Apr 20194941,65062.632.75$35,478
Mar 20193181,76256.803.06$23,458
Feb 20195341,68050.852.79$31,845
Jan 20193571,67346.033.23$21,833
Dec 20184821,81746.594.19$30,061
Nov 20185371,71652.934.24$35,695
Oct 20185431,82361.443.40$39,557
Sep 20185291,66259.543.11$36,662
Aug 20183422,01859.403.07$26,503
Jul 20185052,07065.142.93$38,965
Jun 20181891,75560.183.08$16,774
May 20185211,62565.382.90$38,777
Apr 20181861,72663.842.90$16,881
Mar 20185241,96261.222.79$37,547
Feb 20181731,74561.782.77$15,515
Jan 20185422,14062.874.01$42,655
Dec 20176662,42557.272.92$45,227
Nov 20175412,13555.423.12$36,640
Oct 20173572,22449.292.98$24,232
Sep 20176791,83347.523.09$37,925
Aug 20175322,30345.373.00$31,056
Jul 20174722,57243.873.09$28,647
Jun 20175162,55642.493.09$29,816
May 20176742,85645.373.26$39,900
Apr 20176932,69247.933.21$41,861
Mar 20178723,41146.772.98$50,961
Feb 20177112,97850.452.95$44,663
Jan 20171,0242,77049.413.42$60,066
Dec 20168872,65148.763.72$53,119
Nov 20168922,93242.492.64$45,654
Oct 20168913,13546.193.09$50,843
Sep 20161,1992,95341.553.10$58,975
Aug 20161,0442,92141.442.92$51,805
Jul 20167142,74541.622.92$37,744
Jun 20163531,65845.352.69$20,462
May 20163361,64042.521.99$17,552
Apr 20163551,30936.561.99$15,585
Mar 20161571,47733.011.79$7,832
Feb 20161711,76526.472.06$8,169
Jan 20163531,77927.352.36$13,861
Dec 20153631,89832.362.00$15,545
Nov 20157002,05838.792.17$31,613
Oct 20153331,94843.552.43$19,229
Sep 20157232,65842.992.76$38,414
Aug 20158562,93240.162.87$42,799
Jul 20158292,93048.152.95$48,545
Jun 20156332,41856.152.88$42,514
May 20159702,18355.212.96$60,005
Apr 20151,0002,35649.822.71$56,197
Mar 20159822,50342.892.93$49,464
Feb 20156442,26644.662.98$35,505
Jan 20158541,47943.433.10$41,675
Dec 20141,0181,59854.693.59$61,413
Nov 20141,1891,87270.464.25$91,736
Oct 20149761,97378.303.90$84,117
Sep 20146471,37286.164.05$61,296
Aug 20149661,36589.394.04$91,859
Jul 20146431,53996.564.18$68,520
Jun 20148381,68798.164.74$90,249
May 20147801,51594.734.73$81,050
Apr 20144441,60095.944.81$50,292
Mar 20146131,71495.895.06$67,448
Feb 20146692,14497.406.19$78,436
Jan 201468182490.404.86$65,568
Dec 20131,0361,44791.824.35$101,426
Nov 201321897488.853.74$23,010
Oct 201336769097.423.78$38,361
Sep 2013449645104.113.72$49,143
Aug 20135871,079104.253.52$64,996
Jul 201300102.523.72$0
Jun 201334872194.403.93$35,687
May 20138221,92494.834.15$85,933
Apr 20130093.964.28$0
Mar 201383093.623.91$7,770
Feb 2013232091.233.42$21,165
Jan 20135991,45591.603.42$59,844
Dec 20122561,50886.773.42$27,371
Nov 20122691,44286.953.62$28,617
Oct 20126351,76789.383.40$62,764
Sep 20127632,74594.672.92$80,244
Aug 20128601,33492.662.91$83,567
Jul 2012498085.133.02$42,395
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$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.

Apr 2026 — as filed, then multipliedworked
Oil                1,457 bbl  × $ 98.93 =   $144,141
Casinghead gas     1,333 Mcf  × $  2.87 =     $3,825

────────────────────────────────────────────────────
Month total                                 $147,966

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/42854 is the state's own key, not one this site invented.