UNIVERSITY 48A

Operated by AVALON TX OPERATING, LLC (P-5 37888) in the FUHRMAN-MASCHO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 44388District 08Field 33176001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$685 k
Aug 2013 – Jul 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
84
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 510 leases and 5,228 wells, and the rule below applies to all of them.

Discovered
1930-12-31
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 5 acres. The field rule took effect on 2008-10-20.

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: ANDRES RESERVOIRS.

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
OilDisposition10,068 bbl$674,529
Casinghead gasProduction3,312 Mcf$10,781
Total$685,310

Wells on this lease (6)

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 32.3371, -102.6992. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.33702, -102.69898 · 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%
6 of 6 wells
With a plug date
100.0%
6 of 6 wells
Median depth
4,861 ft
6 wells filed one
Completion to plug
5.3 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
6100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
6100.0%
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

Between 4,770 and 5,020 ft, median 4,861 ft, over the 6 wells that filed a depth.

Completions filed
Aug 2013 – Jun 2014
6 of 6 wells
Plug dates filed
Aug 2019 – Sep 2019
6 of 6 wells

Last completion to plug: a median of 5.3 years across the 6 wells that filed both dates, with the middle half between 5.3 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-00346248134,773 ftJun 2014Sep 2019Yes
42-0034539614,850 ftJun 2014Aug 2019Yes
42-0034583594,770 ftMay 2014Sep 2019Yes
42-00345836115,000 ftMay 2014Sep 2019Yes
42-0034563935,020 ftMar 2014Sep 2019Yes
42-0034542724,871 ftAug 2013Sep 2019Yes

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 (84)

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

84 months

Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201715050.452.95$757
Jan 20171616749.413.42$8,184
Dec 20161636548.763.72$8,190
Nov 20161447642.492.64$6,320
Oct 2016732846.193.09$3,458
Sep 2016271541.553.10$1,168
Aug 2016202641.442.92$905
Jul 2016102541.622.92$489
Jun 2016292745.352.69$1,388
May 2016333042.521.99$1,463
Apr 2016384436.561.99$1,477
Mar 2016383833.011.79$1,323
Feb 2016523226.472.06$1,442
Jan 2016822527.352.36$2,302
Dec 2015743732.362.00$2,469
Nov 2015976938.792.17$3,912
Oct 20152566743.552.43$11,311
Sep 20152883142.992.76$12,467
Aug 201524512940.162.87$10,210
Jul 201525617048.152.95$12,827
Jun 201525710356.152.88$14,727
May 201528514755.212.96$16,169
Apr 201535817449.822.71$18,307
Mar 201566725842.892.93$29,365
Feb 201559528744.662.98$27,427
Jan 201566613243.433.10$29,334
Dec 20142809954.693.59$15,669
Nov 20142976670.464.25$21,207
Oct 201458421878.303.90$46,578
Sep 201464620886.164.05$56,501
Aug 201476835789.394.04$70,092
Jul 201475422996.564.18$73,763
Jun 2014561298.164.74$55,077
May 2014751094.734.73$71,142
Apr 2014498095.944.81$47,778
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130297.423.78$8
Sep 2013017104.113.72$63
Aug 2013012104.253.52$42

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.

Feb 2017 — as filed, then multipliedworked
Oil                   15 bbl  × $ 50.45 =       $757
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                     $757

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/44388 is the state's own key, not one this site invented.