UNIVERSITY 48C

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 44827District 08Field 33176001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$427 k
May 2014 – Mar 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
71
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
OilDisposition8,309 bbl$411,566
Casinghead gasProduction5,018 Mcf$15,738
Total$427,304

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 32.3303, -102.6955. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.33038, -102.69535 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
4,853 ft
4 wells filed one
Completion to plug
5.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 4,771 and 5,013 ft, median 4,853 ft, over the 4 wells that filed a depth.

Completions filed
May 2014 – Jun 2014
4 of 4 wells
Plug dates filed
Sep 2019 – Oct 2019
4 of 4 wells

Last completion to plug: a median of 5.3 years across the 4 wells that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0034543814,850 ftJun 2014Oct 2019Yes
42-0034550824,856 ftJun 2014Oct 2019Yes
42-0034584964,771 ftJun 2014Sep 2019Yes
42-0034588785,013 ftMay 2014Sep 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 (71)

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

71 months

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 20199046.033.23$414
Dec 2018713246.594.19$3,442
Nov 2018955152.934.24$5,244
Oct 20181177061.443.40$7,426
Sep 20181237159.543.11$7,544
Aug 20181287959.403.07$7,845
Jul 201816511865.142.93$11,094
Jun 2018843860.183.08$5,172
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 201717057.272.92$974
Nov 20171777555.423.12$10,043
Oct 20171768249.292.98$8,920
Sep 20171938947.523.09$9,446
Aug 20171989345.373.00$9,263
Jul 201723712243.873.09$10,774
Jun 20171839642.493.09$8,072
May 201720710845.373.26$9,744
Apr 20171897047.933.21$9,284
Mar 20171827146.772.98$8,724
Feb 20171105250.452.95$5,703
Jan 20171166449.413.42$5,950
Dec 20161115648.763.72$5,621
Nov 20161869742.492.64$8,160
Oct 20162268646.193.09$10,705
Sep 20161166641.553.10$5,024
Aug 20161349641.442.92$5,834
Jul 20161388941.622.92$6,004
Jun 20161199745.352.69$5,657
May 20161318842.521.99$5,745
Apr 201616014436.561.99$6,136
Mar 20161124833.011.79$3,783
Feb 2016974226.472.06$2,654
Jan 201627015027.352.36$7,739
Dec 20151999632.362.00$6,632
Nov 201520613938.792.17$8,292
Oct 20152789743.552.43$12,342
Sep 20153614742.992.76$15,649
Aug 201525611340.162.87$10,606
Jul 201521715248.152.95$10,896
Jun 20151636556.152.88$9,340
May 201532017955.212.96$18,196
Apr 201541823249.822.71$21,453
Mar 20152804342.892.93$12,135
Feb 20151269544.662.98$5,910
Jan 2015746343.433.10$3,409
Dec 20146711154.693.59$4,063
Nov 201410815670.464.25$8,273
Oct 201413817478.303.90$11,484
Sep 201417527986.164.05$16,207
Aug 201418243289.394.04$18,012
Jul 201415810596.564.18$15,695
Jun 20140098.164.74$0
May 20146094.734.73$568

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.

Jan 2019 — as filed, then multipliedworked
Oil                    9 bbl  × $ 46.03 =       $414
Casinghead gas         0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                     $414

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/44827 is the state's own key, not one this site invented.