UNIVERSITY 19-17

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 43275District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$9.5 M
Nov 2012 – Aug 2017
Value, last 12 filed months
$612 k
at the published price for each month
Months reported
58
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
OilDisposition125,550 bbl$9,032,214
Casinghead gasProduction124,957 Mcf$445,593
Total$9,477,807

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 31.6796, -103.4181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67957, -103.41806 · 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
0.0%
0 of 1 wells
Median depth
11,315 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
1100.0%
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.
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 11,315 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-301317032H11,315 ftNov 2012Yes

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 (58)

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

58 months

Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017060242.493.09$1,859
May 20170045.373.26$0
Apr 20172,0581,61747.933.21$103,833
Mar 20171,3111,50046.772.98$65,791
Feb 20179461,18450.452.95$51,222
Jan 20179311,60049.413.42$51,471
Dec 20161,5031,93148.763.72$80,475
Nov 20161,1451,89842.492.64$53,670
Oct 20162,9091,30846.193.09$138,409
Sep 20161,4751,30041.553.10$65,317
Aug 20161,2901,39741.442.92$57,543
Jul 20161,0851,09241.622.92$48,351
Jun 20161,4981,68645.352.69$72,463
May 20161,4902,11442.521.99$67,564
Apr 20161,1181,38636.561.99$43,634
Mar 20161,8691,27233.011.79$63,978
Feb 20161,1251,00226.472.06$31,847
Jan 20161,3951,07427.352.36$40,693
Dec 20151,3291,06132.362.00$45,130
Nov 20151,4591,08038.792.17$58,935
Oct 20151,6521,15243.552.43$74,740
Sep 20153,2801,53742.992.76$145,247
Aug 20152,9021,57940.162.87$121,080
Jul 20153,4901,64148.152.95$172,876
Jun 20153,7643,71556.152.88$222,058
May 20154,5342,15155.212.96$256,679
Apr 20152,1901,14749.822.71$112,210
Mar 20151,6751,54342.892.93$76,369
Feb 20151,6921,29644.662.98$79,422
Jan 20152,0731,27043.433.10$93,968
Dec 20141,8711,15154.693.59$106,459
Nov 2014954070.464.25$67,219
Oct 2014731078.303.90$57,237
Sep 20141,36685086.164.05$121,133
Aug 20142,03197389.394.04$185,477
Jul 20141,8352,68196.564.18$188,393
Jun 20141,8502,63498.164.74$194,073
May 20142,2123,08394.734.73$224,115
Apr 20142,6523,00695.944.81$268,889
Mar 20141,6693,06195.895.06$175,519
Feb 20140697.406.19$37
Jan 20142,4811,57790.404.86$231,948
Dec 20132,2393,08391.824.35$219,010
Nov 20132,4441,25388.853.74$221,833
Oct 20132,6131,63297.423.78$260,726
Sep 20132,7941,555104.113.72$296,664
Aug 20132,9802,620104.253.52$319,894
Jul 20132,6022,187102.523.72$274,888
Jun 20133,15711,89494.403.93$344,805
May 20133,8415,05394.834.15$385,207
Apr 20134,5045,66893.964.28$447,470
Mar 20133,6064,44693.623.91$354,990
Feb 20134,7103,95291.233.42$443,209
Jan 20135,9864,58191.603.42$563,984
Dec 20127,6917,53386.773.42$693,112
Nov 20123,5437,34386.953.62$334,682

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.

Jun 2017 — as filed, then multipliedworked
Oil                    0 bbl  × $ 42.49 =         $0
Casinghead gas       602 Mcf  × $  3.09 =     $1,859

────────────────────────────────────────────────────
Month total                                   $1,859

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/43275 is the state's own key, not one this site invented.