UNIVERSITY 19-13

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 43520District 08Field 71052900OilCasinghead gasSave
Value, all time
$10.5 M
Nov 2012 – Aug 2017
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
58
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
OilDisposition139,933 bbl$9,923,063
Casinghead gasProduction163,447 Mcf$575,186
Total$10,498,248

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 31.6862, -103.3988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68622, -103.39884 · 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
11,455 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 11,455 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-301317052H11,455 ftNov 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 (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 20171,6341,07345.373.00$77,358
Jul 20179311,77443.873.09$46,320
Jun 20171,3061,71942.493.09$60,799
May 20171,3081,99745.373.26$65,861
Apr 20171,6841,67347.933.21$86,087
Mar 20179301,23546.772.98$47,181
Feb 20177411,11350.452.95$40,670
Jan 20171,6881,97549.413.42$90,156
Dec 20162,0582,31148.763.72$108,952
Nov 20161,3012,52542.492.64$61,956
Oct 20166,7951,22946.193.09$317,659
Sep 20161,4722,62741.553.10$69,307
Aug 20161,65998341.442.92$71,624
Jul 20161,4551,08441.622.92$63,727
Jun 20161,4551,30745.352.69$69,495
May 20161,8451,81442.521.99$82,061
Apr 20161,8841,51836.561.99$71,901
Mar 20161,1121,43633.011.79$39,283
Feb 20161,1212,72626.472.06$35,298
Jan 20161,4681,87027.352.36$44,571
Dec 20152,23974232.362.00$73,939
Nov 20151,8571,12138.792.17$74,463
Oct 20151,86192443.552.43$83,289
Sep 20151,9912,04242.992.76$91,226
Aug 20151,6422,60240.162.87$73,417
Jul 20152,2043,02648.152.95$115,034
Jun 20152,3833,22256.152.88$143,094
May 20151,8002,69755.212.96$107,349
Apr 20152,2052,53849.822.71$116,722
Mar 20152,6043,20042.892.93$121,077
Feb 20151,6623,03544.662.98$83,258
Jan 20152,2723,04943.433.10$108,127
Dec 20143,3093,56254.693.59$193,762
Nov 20142,7864,38270.464.25$214,933
Oct 20142,9074,78678.303.90$246,288
Sep 20142,8593,92386.164.05$262,202
Aug 201417487889.394.04$19,097
Jul 20142,4322,18696.564.18$243,971
Jun 20141,83671398.164.74$183,599
May 20143,0873,87694.734.73$310,752
Apr 20142,7793,89295.944.81$285,334
Mar 20142,4243,66095.895.06$250,945
Feb 20142,4052,92897.406.19$252,377
Jan 20141,70571790.404.86$157,617
Dec 20132,4188991.824.35$222,408
Nov 20131,8945488.853.74$168,484
Oct 20132,9901,70897.423.78$297,741
Sep 20132,418788104.113.72$254,668
Aug 20132,7953,530104.253.52$303,814
Jul 20132,7861,458102.523.72$291,041
Jun 20132,9803,30794.403.93$294,320
May 20133,3425,97794.834.15$341,721
Apr 20133,1894,53993.964.28$319,077
Mar 20132,4724,04993.623.91$247,272
Feb 20135,1177,68391.233.42$493,099
Jan 20136,3409,76291.603.42$614,129
Dec 20129,81615,18186.773.42$903,656
Nov 20124,1067,63286.953.62$384,682

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.

Aug 2017 — as filed, then multipliedworked
Oil                1,634 bbl  × $ 45.37 =    $74,135
Casinghead gas     1,073 Mcf  × $  3.00 =     $3,224

────────────────────────────────────────────────────
Month total                                  $77,358

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/43520 is the state's own key, not one this site invented.