UNIVERSITY 43-18

Operated by WPX ENERGY PERMIAN, LLC (P-5 942623) in the TWO GEORGES (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43750District 08Field 92100050Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$25.9 M
Dec 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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 275 leases and 502 wells, and the rule below applies to all of them.

Discovered
1997-11-12
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2023-03-28.

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: SIGNED 09/30/2025, EFFECTIVE 10/01/2025

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
OilDisposition330,902 bbl$22,676,422
Casinghead gasProduction954,358 Mcf$3,267,007
Total$25,943,429

Wells on this lease (4)

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 31.5339, -103.2021. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.53386, -103.20214 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
11,112 ft
4 wells filed one
Completion to plug
7.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 11,090 and 11,116 ft, median 11,112 ft, over the 4 wells that filed a depth.

Completions filed
Dec 2012 – Sep 2014
4 of 4 wells
Plug dates filed
Jun 2021
1 of 4 wells; 3 filed none

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-475366804H11,115 ftSep 2014
42-475363933H11,108 ftAug 2013Jun 2021Yes
42-475363712H11,090 ftJul 2013
42-47535978111,116 ftDec 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 (162)

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

162 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20211,2092,30969.493.38$91,819
May 20213401,76363.483.02$26,903
Apr 20218761,56060.362.76$57,179
Mar 20211,5439,00161.302.72$119,041
Feb 20216921,94157.805.55$50,766
Jan 20211731,98450.412.81$14,297
Dec 202017166144.642.68$9,402
Nov 20208602,69538.772.71$40,636
Oct 2020022736.972.48$563
Sep 20201751,07237.091.99$8,625
Aug 20203363,01739.982.39$20,629
Jul 20206803,99738.371.83$33,387
Jun 20201,3543,64934.901.69$53,423
May 20201,1963,36216.921.81$26,338
Apr 20201,3574,43714.751.80$28,022
Mar 20201,8775,20830.341.86$66,615
Feb 20201,5801,26849.881.98$81,322
Jan 202053054557.252.09$31,484
Dec 20195632,39259.012.30$38,735
Nov 20197632,56555.302.75$49,249
Oct 20195262,59053.472.42$34,389
Sep 20197302,70155.052.66$47,364
Aug 20191,2412,23453.112.30$71,057
Jul 20191,6141,05656.272.46$93,418
Jun 201953640352.782.49$29,294
May 20192227758.482.74$2,046
Apr 201919054162.632.75$13,388
Mar 201950069556.803.06$30,528
Feb 201913050.852.79$661
Jan 20190046.033.23$0
Dec 2018348046.594.19$16,213
Nov 20181,2572,29252.934.24$76,245
Oct 20181,0732,59361.443.40$74,736
Sep 20189964,68559.543.11$73,863
Aug 20181,7651,11659.403.07$108,263
Jul 20185172,83665.142.93$41,992
Jun 20185182,15660.183.08$37,807
May 20181,1163,82565.382.90$84,060
Apr 20182,0094,51863.842.90$141,360
Mar 20181,4661,54561.222.79$94,054
Feb 20181,6533,24361.782.77$111,093
Jan 20182,1203,90562.874.01$148,941
Dec 20178633,49157.272.92$59,623
Nov 20178592,96755.423.12$56,858
Oct 20171,2164,44549.292.98$73,199
Sep 20171,4322,11847.523.09$74,588
Aug 20178383,19545.373.00$47,619
Jul 20175332,09843.873.09$29,860
Jun 20171,4014,49042.493.09$73,390
May 20172,3206,46945.373.26$126,369
Apr 20171,2784,31547.933.21$75,113
Mar 20171,4554,68546.772.98$82,029
Feb 20171,2844,19750.452.95$77,170
Jan 20172,5816,47049.413.42$149,647
Dec 20163784,23248.763.72$34,186
Nov 20161,1274,89342.492.64$60,825
Oct 20169086,04846.193.09$60,630
Sep 20161,1074,87841.553.10$61,121
Aug 201653760341.442.92$24,017
Jul 20164,39011,23041.622.92$215,552
Jun 20163,4368,44345.352.69$178,499
May 20164,96813,44442.521.99$238,007
Apr 20163,65710,19136.561.99$153,991
Mar 20165,53313,12733.011.79$206,194
Feb 20163,8078,45426.472.06$118,217
Jan 20164,57810,67427.352.36$150,445
Dec 20155,2219,84832.362.00$188,661
Nov 20155,48112,34538.792.17$239,364
Oct 20155,82912,67843.552.43$284,617
Sep 20154,3939,66942.992.76$215,526
Aug 20155,77212,11340.162.87$266,598
Jul 20156,31614,38548.152.95$346,480
Jun 20155,43410,72956.152.88$336,049
May 20155,68014,77455.212.96$357,257
Apr 20158,37320,25349.822.71$471,959
Mar 20157,08224,86442.892.93$376,716
Feb 20155,62515,97244.662.98$298,748
Jan 20157,88214,77443.433.10$388,124
Dec 201411,91331,79954.693.59$765,724
Nov 20149,16026,05770.464.25$756,204
Oct 201410,64426,19178.303.90$935,595
Sep 20148,51523,95786.164.05$830,569
Aug 201419975989.394.04$20,851
Jul 20145,27312,13596.564.18$559,880
Jun 20143,78912,04098.164.74$428,960
May 20144,59814,60994.734.73$504,619
Apr 20144,03911,97295.944.81$445,076
Mar 20145,49217,19695.895.06$613,585
Feb 20145,30611,52197.406.19$588,142
Jan 20144,76611,03990.404.86$484,504
Dec 20136,23516,15391.824.35$642,836
Nov 20136,57419,55488.853.74$657,198
Oct 201311,45526,19397.423.78$1,214,939
Sep 201315,61537,023104.113.72$1,763,320
Aug 201316,89632,347104.253.52$1,875,354
Jul 20132,7359,007102.523.72$313,878
Jun 20132,8187,96094.403.93$297,329
May 20132,8898,56294.834.15$309,488
Apr 20133,65231,97493.964.28$480,073
Mar 20134,40937,55093.623.91$559,699
Feb 20134,80732,68991.233.42$550,336
Jan 20137,32825,27291.603.42$757,673
Dec 201211,73656,37486.773.42$1,211,141

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 2021 — as filed, then multipliedworked
Oil                1,209 bbl  × $ 69.49 =    $84,013
Casinghead gas     2,309 Mcf  × $  3.38 =     $7,806

────────────────────────────────────────────────────
Month total                                  $91,819

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/43750 is the state's own key, not one this site invented.