UNIVERSITY 38SW

Operated by MONTARE OPERATING, LTD. (P-5 577015) 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 45016District 08Field 33176001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$378 k
Jul 2014 – Dec 2023
Value, last 12 filed months
$630
at the published price for each month
Months reported
114
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
OilDisposition6,306 bbl$375,937
Casinghead gasProduction692 Mcf$2,457
Total$378,394

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 32.3385, -102.7179. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33855, -102.71792 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,976 ft
1 wells filed one
Completion to plug
9.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 4,976 ft.

Completions filed
Jul 2014
1 of 1 wells
Plug dates filed
Oct 2023
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0034605254,976 ftJul 2014Oct 2023Yes

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 (114)

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

114 months

Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20237089.042.74$623
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230278.122.24$4
Mar 20230172.852.39$2
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
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 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202143061.302.72$2,636
Feb 202139457.805.55$2,276
Jan 202155450.412.81$2,784
Dec 202051044.642.68$2,277
Nov 202038038.772.71$1,473
Oct 202052036.972.48$1,922
Sep 202050037.091.99$1,855
Aug 202052039.982.39$2,079
Jul 202052038.371.83$1,995
Jun 202036434.901.69$1,263
May 202053416.921.81$904
Apr 202055514.751.80$820
Mar 202034330.341.86$1,037
Feb 202033349.881.98$1,652
Jan 202036357.252.09$2,067
Dec 201937059.012.30$2,183
Nov 201937355.302.75$2,054
Oct 201938553.472.42$2,044
Sep 201939655.052.66$2,163
Aug 201940853.112.30$2,143
Jul 201939556.272.46$2,207
Jun 201927652.782.49$1,440
May 201929658.482.74$1,712
Apr 201931362.632.75$1,950
Mar 201931256.803.06$1,767
Feb 201930350.852.79$1,534
Jan 201932346.033.23$1,483
Dec 201834246.594.19$1,592
Nov 201828152.934.24$1,486
Oct 201831361.443.40$1,915
Sep 201833359.543.11$1,974
Aug 201841259.403.07$2,442
Jul 201842465.142.93$2,748
Jun 201834260.183.08$2,052
May 201839265.382.90$2,556
Apr 201842363.842.90$2,690
Mar 201844261.222.79$2,699
Feb 201838261.782.77$2,353
Jan 201844262.874.01$2,774
Dec 201741257.272.92$2,354
Nov 201747455.423.12$2,617
Oct 201758649.292.98$2,877
Sep 201756647.523.09$2,680
Aug 201755445.373.00$2,507
Jul 201743543.873.09$1,902
Jun 201736542.493.09$1,545
May 201737445.373.26$1,692
Apr 201732547.933.21$1,550
Mar 201745346.772.98$2,114
Feb 201741150.452.95$2,071
Jan 201744349.413.42$2,184
Dec 201645448.763.72$2,209
Nov 201641342.492.64$1,750
Oct 201641146.193.09$1,897
Sep 201643141.553.10$1,790
Aug 201637141.442.92$1,536
Jul 201639241.622.92$1,629
Jun 201654345.352.69$2,457
May 201676342.521.99$3,237
Apr 201684836.561.99$3,087
Mar 201653033.011.79$1,750
Feb 201650126.472.06$1,326
Jan 201659027.352.36$1,614
Dec 201573132.362.00$2,364
Nov 201567438.792.17$2,608
Oct 2015831043.552.43$3,639
Sep 2015100542.992.76$4,313
Aug 201546840.162.87$1,870
Jul 201519448.152.95$927
Jun 2015551156.152.88$3,120
May 20151251355.212.96$6,940
Apr 2015177849.822.71$8,840
Mar 20151661142.892.93$7,152
Feb 20151511344.662.98$6,782
Jan 2015154343.433.10$6,698
Dec 2014255854.693.59$13,975
Nov 20142805970.464.25$19,980
Oct 20143803478.303.90$29,887
Sep 201459717486.164.05$52,141
Aug 201482314089.394.04$74,133
Jul 201452096.564.18$5,021

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.

Sep 2023 — as filed, then multipliedworked
Oil                    7 bbl  × $ 89.04 =       $623
Casinghead gas         0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                     $623

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/45016 is the state's own key, not one this site invented.