UNIVERSITY 19-28

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 43469District 08Field 71052900OilCasinghead gasSave
Value, all time
$8.5 M
Jan 2013 – Aug 2017
Value, last 12 filed months
$561 k
at the published price for each month
Months reported
56
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition110,448 bbl$8,026,969
Casinghead gasProduction123,232 Mcf$437,454
Total$8,464,422

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 31.6347, -103.3648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63466, -103.36483 · 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
11,427 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 11,427 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-475359962H11,427 ftJan 2013

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 (56)

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

56 months

Aug 20171,10352445.373.00$51,617
Jul 201756215143.873.09$25,121
Jun 20179291,14142.493.09$42,996
May 201755065745.373.26$27,098
Apr 20171,29957047.933.21$64,092
Mar 20171,11764346.772.98$54,161
Feb 201756575150.452.95$30,722
Jan 20171,10959149.413.42$56,816
Dec 201674979448.763.72$39,477
Nov 201675444442.492.64$33,212
Oct 20161,8651,09546.193.09$89,528
Sep 20161,05764241.553.10$45,909
Aug 20161,28579041.442.92$55,561
Jul 20169121,00441.622.92$40,893
Jun 20161,0931,09945.352.69$52,519
May 20161,6261,32042.521.99$71,766
Apr 20161,1021,23236.561.99$42,742
Mar 20161,6472,43733.011.79$58,739
Feb 20161,4851,71426.472.06$42,845
Jan 20161,1321,76427.352.36$35,131
Dec 20151,5071,71432.362.00$52,197
Nov 20151,6981,58538.792.17$69,301
Oct 20152,2141,61243.552.43$100,331
Sep 20151,2771,81042.992.76$59,891
Aug 20151,6632,60440.162.87$74,266
Jul 20151,6612,38248.152.95$86,992
Jun 20151,8492,49956.152.88$111,026
May 20152,0292,39055.212.96$119,085
Apr 20152,1942,01349.822.71$114,753
Mar 20151,2892,12842.892.93$61,530
Feb 20151,8702,72144.662.98$91,612
Jan 20152,3983,02543.433.10$113,525
Dec 20142,6203,23254.693.59$154,895
Nov 20141,9023,81570.464.25$150,236
Oct 20142,7823,84078.303.90$232,810
Sep 20140086.164.05$0
Aug 201455082789.394.04$52,502
Jul 20141,8502,77896.564.18$190,247
Jun 20142,2272,39298.164.74$229,933
May 20142,0352,78794.734.73$205,948
Apr 20142,3772,89495.944.81$241,967
Mar 20142,6403,29895.895.06$269,827
Feb 20142,0722,84597.406.19$219,429
Jan 20142,5922,23890.404.86$245,195
Dec 20132,26186891.824.35$211,385
Nov 20131,88158088.853.74$169,295
Oct 201392950497.423.78$92,408
Sep 20132,383557104.113.72$250,165
Aug 20132,399733104.253.52$252,678
Jul 20132,618477102.523.72$270,171
Jun 20132,43213394.403.93$230,104
May 20133,3394,77494.834.15$336,445
Apr 20134,8435,12593.964.28$476,997
Mar 20135,0087,08493.623.91$496,568
Feb 20137,0559,60491.233.42$676,472
Jan 20138,06316,00191.603.42$793,293

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.

Aug 2017 — as filed, then multipliedworked
Oil                1,103 bbl  × $ 45.37 =    $50,043
Casinghead gas       524 Mcf  × $  3.00 =     $1,574

────────────────────────────────────────────────────
Month total                                  $51,617

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/43469 is the state's own key, not one this site invented.