UNIVERSITY LANDS 30-1

Operated by JAMEX, INC. (P-5 429659) in the SALLIE ANN (SPRABERRY-WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43038District 08Field 79820800OilCasinghead gasSaveExport
Value, all time
$177 k
Jun 2012 – Jul 2017
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
62
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 125 leases and 849 wells, and the rule below applies to all of them.

Discovered
2004-12-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
500 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-11-20.

The Commission's schedule remark for this field reads: FIELDS

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
OilDisposition2,176 bbl$176,366
Casinghead gasProduction343 Mcf$1,049
Total$177,415

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 31.5494, -102.3337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54938, -102.33368 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,756 ft
1 wells filed one
Completion to plug
4.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,756 ft.

Completions filed
Jun 2012
1 of 1 wells
Plug dates filed
May 2017
1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-10335942110,756 ftJun 2012May 2017Yes

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 (62)

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

62 months

Jul 201762043.873.09$2,720
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20167046.193.09$323
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20161036.561.99$37
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015175040.162.87$7,028
Jul 20150048.152.95$0
Jun 20154056.152.88$225
May 20153055.212.96$166
Apr 2015166049.822.71$8,270
Mar 20150042.892.93$0
Feb 20150844.662.98$24
Jan 201502343.433.10$71
Dec 20141711254.693.59$9,395
Nov 20141870.464.25$104
Oct 2014168078.303.90$13,154
Sep 20141786.164.05$114
Aug 2014178089.394.04$15,911
Jul 201415096.564.18$1,448
Jun 20141741098.164.74$17,127
May 20140094.734.73$0
Apr 2014171095.944.81$16,406
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20141090.404.86$90
Dec 2013350091.824.35$32,137
Nov 20130088.853.74$0
Oct 201394097.423.78$9,157
Sep 20131730104.113.72$18,011
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20122086.953.62$174
Oct 20120089.383.40$0
Sep 201225916394.672.92$24,995
Aug 2012011292.662.91$326
Jul 20120085.133.02$0
Jun 20120079.822.52$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.

Jul 2017 — as filed, then multipliedworked
Oil                   62 bbl  × $ 43.87 =     $2,720
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $2,720

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/43038 is the state's own key, not one this site invented.