UNIVERSITY 23-18 'B'

Operated by CONTINENTAL RESOURCES, INC. (P-5 173777) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 44907District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.1 M
Nov 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
151
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
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 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
OilDisposition123,433 bbl$7,651,644
Casinghead gasProduction146,114 Mcf$496,357
Total$8,148,001

Wells on this lease (2)

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 31.6244, -103.2839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.62437, -103.28394 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
12,650 ft
2 wells filed one
Completion to plug
8.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 12,650 and 12,650 ft, median 12,650 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2013
2 of 2 wells
Plug dates filed
Oct 2022
1 of 2 wells; 1 filed none

Last completion to plug: a median of 8.9 years across the 1 well that filed both dates, with the middle half between 8.9 years and 8.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-47536427212,650 ftNov 2013Oct 2022Yes
42-47536426112,650 ftNov 2013

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 (151)

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

151 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 202215076.415.73$1,146
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 20221850115.097.98$21,292
May 202250109.378.43$547
Apr 20225500104.226.84$57,321
Mar 20223920108.885.08$42,681
Feb 2022532091.054.86$48,439
Jan 2022646081.844.54$52,869
Dec 202118630471.323.90$14,451
Nov 20210077.435.24$0
Oct 202142039779.795.71$35,780
Sep 202135659969.865.35$28,075
Aug 202153969966.024.22$38,535
Jul 202141169170.783.98$31,842
Jun 202154457069.493.38$39,730
May 202149967963.483.02$33,726
Apr 202164166860.362.76$40,533
Mar 202144971961.302.72$29,477
Feb 202154047457.805.55$33,842
Jan 202157961650.412.81$30,919
Dec 202053555744.642.68$25,373
Nov 202034063838.772.71$14,909
Oct 202057777336.972.48$23,248
Sep 202053755337.091.99$21,018
Aug 202056865839.982.39$24,278
Jul 202026227838.371.83$10,560
Jun 202052169134.901.69$19,351
May 202051872916.921.81$10,088
Apr 202062175314.751.80$10,518
Mar 202018335130.341.86$6,204
Feb 202033757149.881.98$17,941
Jan 202092262957.252.09$54,102
Dec 201935663859.012.30$22,478
Nov 201954268655.302.75$31,860
Oct 201959663153.472.42$33,394
Sep 201951975655.052.66$30,580
Aug 201934157153.112.30$19,426
Jul 201973276956.272.46$43,081
Jun 201951771452.782.49$29,066
May 201950764458.482.74$31,414
Apr 201953457062.632.75$35,012
Mar 201934969956.803.06$21,964
Feb 201951867950.852.79$28,236
Jan 20191,17464746.033.23$56,128
Dec 201818875846.594.19$11,931
Nov 201853648152.934.24$30,409
Oct 201858153061.443.40$37,498
Sep 201834144159.543.11$21,674
Aug 201871517659.403.07$43,011
Jul 201878772765.142.93$53,397
Jun 201870553260.183.08$44,064
May 20181,2371,64165.382.90$85,635
Apr 20181,5191,70563.842.90$101,919
Mar 20181,4311,57461.222.79$91,992
Feb 20181,09190061.782.77$69,891
Jan 20181,11968462.874.01$73,094
Dec 201734761757.272.92$21,675
Nov 201770730455.423.12$40,130
Oct 20171,24097349.292.98$64,023
Sep 20171,4031,53947.523.09$71,422
Aug 20171,4201,30045.373.00$68,331
Jul 20171,3911,87643.873.09$66,815
Jun 20171,7792,28642.493.09$82,647
May 20171,6312,41345.373.26$81,873
Apr 20171,7612,54347.933.21$92,572
Mar 20171,2671,60646.772.98$64,049
Feb 20170050.452.95$0
Jan 2017171049.413.42$8,449
Dec 201653964348.763.72$28,675
Nov 20161,04177142.492.64$46,271
Oct 20161,7345,02646.193.09$95,625
Sep 20161,9871,86541.553.10$88,343
Aug 20161,7742,94941.442.92$82,138
Jul 20162,9294,16041.622.92$134,070
Jun 20161,6512,78845.352.69$82,361
May 201654065342.521.99$24,261
Apr 201655438636.561.99$21,023
Mar 20162,1862,75533.011.79$77,102
Feb 20162,0823,29526.472.06$61,910
Jan 20161,6852,12127.352.36$51,100
Dec 20151,1281,74732.362.00$39,999
Nov 20159721,81438.792.17$41,635
Oct 20151,9681,74143.552.43$89,931
Sep 20151,3102,16442.992.76$62,286
Aug 20151,8382,35540.162.87$80,579
Jul 20152,5772,29648.152.95$130,844
Jun 20152,6102,73556.152.88$154,436
May 20151,2951,75355.212.96$76,678
Apr 20153,5073,17649.822.71$183,315
Mar 20151,45777742.892.93$64,771
Feb 20151,5021,34744.662.98$71,088
Jan 20151,19343543.433.10$53,161
Dec 20141,8672,73554.693.59$111,929
Nov 20142,2712,64270.464.25$171,248
Oct 20141,8722,85678.303.90$157,719
Sep 20142,4052,90286.164.05$218,955
Aug 20142,5783,34389.394.04$243,937
Jul 20142,3383,19296.564.18$239,099
Jun 20141,6722,05398.164.74$173,848
May 20141,9663,09494.734.73$200,863
Apr 20142,9343,17495.944.81$296,752
Mar 20142,8653,76395.895.06$293,754
Feb 20143,3714,11797.406.19$353,828
Jan 20144,1095,00490.404.86$395,777
Dec 20136,5246,98991.824.35$629,467
Nov 20133,1403,29188.853.74$291,292

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.

Dec 2022 — as filed, then multipliedworked
Oil                   15 bbl  × $ 76.41 =     $1,146
Casinghead gas         0 Mcf  × $  5.73 =         $0

────────────────────────────────────────────────────
Month total                                   $1,146

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/44907 is the state's own key, not one this site invented.