UNIVERSITY DEVONIAN 16

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the BLOCK 31 (PENN. 7620) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 44860District 08Field 09358900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.9 M
Oct 2013 – May 2026
Value, last 12 filed months
$255 k
at the published price for each month
Months reported
152
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 17 leases and 47 wells, and the rule below applies to all of them.

Discovered
1966-04-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

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
OilDisposition87,893 bbl$5,626,217
Casinghead gasProduction71,388 Mcf$247,347
Total$5,873,565

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 31.4825, -102.4837. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48248, -102.48372 · 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
9,338 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 9,338 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-1033622419,338 ftAug 2019

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 (152)

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

152 months

May 2026179324106.413.05$20,034
Apr 202636629198.932.87$37,043
Mar 202618531889.753.15$17,605
Feb 202637229163.503.75$24,713
Jan 202636226459.138.00$23,517
Dec 202518622556.664.41$11,532
Nov 202536628158.593.93$22,547
Oct 202518426759.383.30$11,808
Sep 202536030462.743.08$23,522
Aug 202536330463.933.01$24,123
Jul 202517531066.743.32$12,707
Jun 202536933166.483.13$25,567
May 202530432760.553.23$19,464
Apr 202537031562.363.54$24,189
Mar 202536433867.704.27$26,085
Feb 202537131870.884.34$27,677
Jan 202518434174.324.28$15,134
Dec 202436736768.993.12$26,465
Nov 202437033769.052.20$26,289
Oct 202437136371.372.28$27,306
Sep 202437035269.612.36$26,588
Aug 202428641075.632.06$22,476
Jul 202436340279.932.15$29,878
Jun 202436437878.082.63$29,417
May 202418040778.812.20$15,081
Apr 202437039684.451.66$31,904
Mar 202436738180.301.55$30,059
Feb 202454836276.091.78$42,343
Jan 2024024373.023.30$801
Dec 202336733471.262.61$27,024
Nov 202318837477.892.81$15,693
Oct 202356139985.443.09$49,164
Sep 202318438989.042.74$17,447
Aug 202336437480.522.67$30,309
Jul 202335539374.852.64$27,610
Jun 202318240668.962.26$13,468
May 202336542270.622.23$26,716
Apr 202350540078.122.24$40,346
Mar 2023042072.852.39$1,005
Feb 202335137475.112.47$27,286
Jan 202333940876.533.39$27,326
Dec 202233740276.415.73$28,053
Nov 202233637885.005.65$30,694
Oct 202233940387.185.86$31,917
Sep 202233640084.888.16$31,785
Aug 202216341794.529.13$19,213
Jul 2022507422101.587.54$54,684
Jun 2022339404115.097.98$42,238
May 2022343245109.378.43$39,580
Apr 2022347362104.226.84$38,640
Mar 2022335202108.885.08$37,500
Feb 202251830991.054.86$48,665
Jan 2022034781.844.54$1,575
Dec 202133837671.323.90$25,572
Nov 202134136477.435.24$28,310
Oct 202132839179.795.71$28,405
Sep 202133636369.865.35$25,415
Aug 202150034466.024.22$34,462
Jul 2021014970.783.98$593
Jun 202116528569.493.38$12,429
May 202182043263.483.02$53,357
Apr 202133640960.362.76$21,409
Mar 202133838461.302.72$21,763
Feb 202134328857.805.55$21,423
Jan 202134139150.412.81$18,289
Dec 202033442144.642.68$16,036
Nov 202034242838.772.71$14,418
Oct 202050444936.972.48$19,746
Sep 202050343737.091.99$19,526
Aug 202035047339.982.39$15,121
Jul 202034847838.371.83$14,225
Jun 202055544334.901.69$20,118
May 202054847716.921.81$10,138
Apr 202037844714.751.80$6,382
Mar 202018843130.341.86$6,504
Feb 202037940849.881.98$19,713
Jan 202057048957.252.09$33,657
Dec 201937048859.012.30$22,958
Nov 201937944655.302.75$22,186
Oct 201957045953.472.42$31,588
Sep 201954430255.052.66$30,750
Aug 201937512653.112.30$20,207
Jul 201902356.272.46$57
Jun 201934715452.782.49$18,698
May 201967757058.482.74$41,153
Apr 201974956662.632.75$48,467
Mar 201957355756.803.06$34,252
Feb 201976744650.852.79$40,247
Jan 201972647446.033.23$34,948
Dec 201838111846.594.19$18,245
Nov 201879447452.934.24$44,035
Oct 201853956461.443.40$35,033
Sep 201871455159.543.11$44,224
Aug 201835447459.403.07$22,481
Jul 201872457865.142.93$48,856
Jun 201875059460.183.08$46,963
May 201873162465.382.90$49,603
Apr 201890053863.842.90$59,017
Mar 201836153261.222.79$23,583
Feb 201871947161.782.77$45,723
Jan 201854447962.874.01$36,122
Dec 201775641357.272.92$44,503
Nov 201773441955.423.12$41,985
Oct 201775148349.292.98$38,458
Sep 201770551447.523.09$35,088
Aug 201790457345.373.00$42,736
Jul 201736155743.873.09$17,557
Jun 201772158242.493.09$32,432
May 201771949845.373.26$34,246
Apr 20171,09140247.933.21$53,583
Mar 201772443246.772.98$35,150
Feb 201773635450.452.95$38,176
Jan 201771234049.413.42$36,342
Dec 201672227248.763.72$36,217
Nov 201674235642.492.64$32,469
Oct 201673045946.193.09$35,137
Sep 201671247441.553.10$31,053
Aug 201670555041.442.92$30,824
Jul 201691337641.622.92$39,099
Jun 201690952345.352.69$42,628
May 201691951342.521.99$40,097
Apr 201672148536.561.99$27,325
Mar 201673247533.011.79$25,015
Feb 201655042126.472.06$15,427
Jan 201674443227.352.36$21,370
Dec 201572841732.362.00$24,393
Nov 201594541038.792.17$37,545
Oct 201571944943.552.43$32,402
Sep 201567938042.992.76$30,238
Aug 201533914840.162.87$14,039
Jul 201536334748.152.95$18,500
Jun 201566822956.152.88$38,168
May 201585658655.212.96$48,992
Apr 20151,35954849.822.71$69,189
Mar 20151,20949142.892.93$53,295
Feb 201585346444.662.98$39,476
Jan 20151,36655943.433.10$61,059
Dec 20141,00559554.693.59$57,100
Nov 20141,36458470.464.25$98,591
Oct 20141,02574078.303.90$83,144
Sep 20141,18578686.164.05$105,279
Aug 20141,51094189.394.04$138,776
Jul 20141,52492196.564.18$151,007
Jun 20141,11692598.164.74$113,928
May 20141,29297394.734.73$126,990
Apr 20141,28393195.944.81$127,568
Mar 20141,58195195.895.06$156,411
Feb 20141,26279997.406.19$127,866
Jan 20141,4921,29490.404.86$141,167
Dec 20131,4931,41491.824.35$143,244
Nov 20131,5762,13188.853.74$147,994
Oct 20131,6382,77697.423.78$170,065

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.

May 2026 — as filed, then multipliedworked
Oil                  179 bbl  × $106.41 =    $19,047
Casinghead gas       324 Mcf  × $  3.05 =       $987

────────────────────────────────────────────────────
Month total                                  $20,034

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/44860 is the state's own key, not one this site invented.