UNIVHOPE

Operated by OWL OPS II LLC (P-5 100912) in the UNIVERSITY 31 WEST (U. DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43882District 08Field 92505500OilCasinghead gasSaveExport
Value, all time
$19.4 M
Mar 2013 – May 2026
Value, last 12 filed months
$302 k
at the published price for each month
Months reported
159
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 38 leases and 104 wells, and the rule below applies to all of them.

Discovered
2011-10-27
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 20 acres. The field rule took effect on 2016-01-12.

The Commission's schedule remark for this field reads: TO RULE 51 (A) , 10 DAY RULE.STACKED LATERAL RULES ADOPTED.

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
OilDisposition293,899 bbl$17,282,845
Casinghead gasProduction657,747 Mcf$2,097,570
Total$19,380,414

Wells on this lease (9)

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 31.5746, -102.4360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 57.6 miles, so treat it as the lease's centre and not as its location.

31.89300, -102.17297 · 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
11.1%
1 of 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
10,400 ft
9 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
111.1%
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.
888.9%

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

Total depth in feet, 9 of 9 wells. Median 10,400 ft, with the middle half between 10,350 and 10,455 ft; the shallowest is 10,300 ft and the deepest 11,596 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, Apr 2013 – Oct 2015. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 2013 – Oct 2015
9 of 9 wells

9 wells

42-10336435181010,400 ftOct 2015
42-10336434181510,300 ftJul 2015
42-10336432181610,300 ftJun 2015
42-10336274181310,455 ftAug 2014
42-10336033181111,596 ftApr 2014
42-10336141180910,425 ftApr 2014
42-10336273181210,350 ftMar 2014
42-10336251181410,350 ftJan 2014
42-3173835537H10,840 ftApr 2013Yes

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 (159)

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

159 months

May 202600106.413.05$0
Apr 202636246798.932.87$37,153
Mar 202654351889.753.15$50,366
Feb 202618576663.503.75$14,620
Jan 20263651,18259.138.00$31,036
Dec 20251861,32456.664.41$16,382
Nov 20251751,31758.593.93$15,424
Oct 20253611,33459.383.30$25,845
Sep 20251791,42162.743.08$15,603
Aug 20253551,65363.933.01$27,679
Jul 20253481,71166.743.32$28,898
Jun 20255181,58966.483.13$39,408
May 20257181,62660.553.23$48,731
Apr 20258631,52662.363.54$59,223
Mar 20251,2451,77267.704.27$91,850
Feb 20253621,18270.884.34$30,789
Jan 20253571,30574.324.28$32,116
Dec 20245501,70968.993.12$43,279
Nov 20243491,70769.052.20$27,851
Oct 20245392,22371.372.28$43,540
Sep 20243702,11569.612.36$30,756
Aug 20245292,51575.632.06$45,198
Jul 20243682,97579.932.15$35,800
Jun 20247003,00578.082.63$62,571
May 20246792,97978.812.20$60,061
Apr 20245222,87884.451.66$48,858
Mar 20245092,95680.301.55$45,440
Feb 20247032,50376.091.78$57,956
Jan 20247662,83073.023.30$65,266
Dec 20235762,99471.262.61$48,862
Nov 20231,1343,12677.892.81$97,104
Oct 20237202,92085.443.09$70,532
Sep 20231,0853,23389.042.74$105,451
Aug 20231,4433,60080.522.67$125,813
Jul 20232,2694,28374.852.64$181,149
Jun 20235712,19368.962.26$44,329
May 20233831,32970.622.23$30,008
Apr 20231871,33378.122.24$17,591
Mar 20235481,78472.852.39$44,191
Feb 20237211,86375.112.47$58,748
Jan 20235362,02776.533.39$47,887
Dec 20228842,41676.415.73$81,388
Nov 20225452,46785.005.65$60,254
Oct 20226792,42887.185.86$73,432
Sep 20228082,59484.888.16$89,760
Aug 20225262,84994.529.13$75,721
Jul 20225272,755101.587.54$74,311
Jun 20228522,766115.097.98$120,122
May 20226592,893109.378.43$96,472
Apr 20228082,954104.226.84$104,408
Mar 20221,1312,918108.885.08$137,956
Feb 20228452,50991.054.86$89,128
Jan 20221,1302,76081.844.54$105,003
Dec 20216622,69271.323.90$57,710
Nov 20216552,31877.435.24$62,856
Oct 20218432,92879.795.71$83,993
Sep 20216522,73669.865.35$60,189
Aug 20218323,12166.024.22$68,101
Jul 20211,1693,85070.783.98$98,073
Jun 20211,1683,50169.493.38$93,000
May 20218663,48363.483.02$65,484
Apr 20211,1263,38660.362.76$77,305
Mar 20211,3463,46461.302.72$91,921
Feb 20215172,23857.805.55$42,299
Jan 20211,1042,97750.412.81$64,019
Dec 20201,3473,69944.642.68$70,027
Nov 20201,0153,70938.772.71$49,390
Oct 20201,3383,88836.972.48$59,102
Sep 20208193,86737.091.99$38,076
Aug 20201,1543,76239.982.39$55,110
Jul 20201,3254,11038.371.83$58,341
Jun 20201,1754,26034.901.69$48,208
May 20201,3683,90316.921.81$30,230
Apr 20201,3533,91614.751.80$27,023
Mar 20201,9124,34330.341.86$66,072
Feb 20201,3483,88949.881.98$74,941
Jan 20201,5094,28957.252.09$95,375
Dec 20191,3414,20859.012.30$88,829
Nov 20191,6784,11455.302.75$104,110
Oct 20191,3634,34053.472.42$83,376
Sep 20191,8494,61155.052.66$114,040
Aug 20191,3654,61553.112.30$83,130
Jul 20191,3984,53956.272.46$89,832
Jun 20191,2754,07052.782.49$77,434
May 20191,4234,34458.482.74$95,121
Apr 20191,4434,33462.632.75$102,297
Mar 20191,8365,02056.803.06$119,657
Feb 20191,4814,05250.852.79$86,623
Jan 20191,8274,66046.033.23$99,140
Dec 20181,8434,71046.594.19$105,579
Nov 20182,1874,81152.934.24$136,143
Oct 20181,8285,22361.443.40$130,060
Sep 20182,3605,33459.543.11$157,092
Aug 20181,6624,51059.403.07$112,553
Jul 20181,4374,49665.142.93$106,788
Jun 20182,0154,71960.183.08$135,783
May 20182,1884,86665.382.90$157,167
Apr 20182,1904,57963.842.90$153,092
Mar 20182,1994,53161.222.79$147,250
Feb 20182,2074,18361.782.77$147,919
Jan 20182,5204,37562.874.01$175,973
Dec 20172,0034,44257.272.92$127,689
Nov 20172,3904,62055.423.12$146,861
Oct 20172,3264,75949.292.98$128,848
Sep 20172,1885,26147.523.09$120,216
Aug 20172,5255,48545.373.00$131,038
Jul 20172,4615,46043.873.09$124,821
Jun 20172,2445,44242.493.09$112,149
May 20172,5905,70145.373.26$136,113
Apr 20172,6225,24047.933.21$142,501
Mar 20172,8125,57746.772.98$148,157
Feb 20172,2975,03250.452.95$130,741
Jan 20173,3515,70049.413.42$185,060
Dec 20162,8005,95448.763.72$158,694
Nov 20162,3415,96042.492.64$115,229
Oct 20162,9836,83646.193.09$158,910
Sep 20163,3387,04841.553.10$160,547
Aug 20164,0397,76441.442.92$190,081
Jul 20163,4727,84641.622.92$167,449
Jun 20162,6187,76645.352.69$139,584
May 20164,0287,30842.521.99$185,821
Apr 20164,3268,72636.561.99$175,532
Mar 20164,4719,47433.011.79$164,584
Feb 20164,1419,38126.472.06$128,971
Jan 20165,4859,75827.352.36$173,086
Dec 20156,43111,36932.362.00$230,861
Nov 20157,67614,89938.792.17$330,043
Oct 20157,07913,19743.552.43$340,314
Sep 20157,32012,28742.992.76$348,580
Aug 20157,91210,99340.162.87$349,323
Jul 20155,6417,61348.152.95$294,035
Jun 20153,1256,21156.152.88$193,374
May 20152,6386,17155.212.96$163,882
Apr 20153,3956,32449.822.71$186,255
Mar 20152,1904,65042.892.93$107,576
Feb 20152,4205,19544.662.98$123,539
Jan 20153,3185,63743.433.10$161,579
Dec 20143,7376,25854.693.59$226,851
Nov 20143,8297,16670.464.25$300,260
Oct 20145,39810,43678.303.90$463,374
Sep 20146,3269,20286.164.05$582,274
Aug 20144,2058,26589.394.04$409,235
Jul 20144,1868,50796.564.18$439,756
Jun 20145,0676,39198.164.74$527,650
May 20146,9895,62294.734.73$688,641
Apr 20144,0594,67195.944.81$411,884
Mar 20142,0483,01995.895.06$211,649
Feb 20141,0631,37297.406.19$112,032
Jan 20146871,19590.404.86$67,913
Dec 20137271,15391.824.35$71,774
Nov 20135321,18688.853.74$51,702
Oct 20137131,56297.423.78$75,364
Sep 20135371,728104.113.72$62,331
Aug 20132,0974,248104.253.52$233,576
Jul 20132,3073,305102.523.72$248,801
Jun 20131,9851,52294.403.93$193,371
May 20131,5901,70794.834.15$157,862
Apr 20132549193.964.28$4,452
Mar 20135093.623.91$468

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.

Apr 2026 — as filed, then multipliedworked
Oil                  362 bbl  × $ 98.93 =    $35,813
Casinghead gas       467 Mcf  × $  2.87 =     $1,340

────────────────────────────────────────────────────
Month total                                  $37,153

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/43882 is the state's own key, not one this site invented.