UNIVERSITY 16-18 'A'

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 45022District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.0 M
Dec 2013 – Apr 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
125
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
OilDisposition26,335 bbl$1,741,184
Casinghead gasProduction84,592 Mcf$296,900
Total$2,038,084

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 31.5469, -103.2327. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.54686, -103.23272 · 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
12,350 ft
1 wells filed one
Completion to plug
10.3 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 12,350 ft.

Completions filed
Dec 2013
1 of 1 wells
Plug dates filed
Mar 2024
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47536429112,350 ftDec 2013Mar 2024Yes

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 (125)

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

125 months

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 2022026476.415.73$1,512
Nov 2022025985.005.65$1,462
Oct 2022012187.185.86$710
Sep 2022068284.888.16$5,568
Aug 20220294.529.13$18
Jul 202202101.587.54$15
Jun 202201115.097.98$8
May 2022023109.378.43$194
Apr 2022439197104.226.84$47,100
Mar 2022369219108.885.08$41,288
Feb 20221189991.054.86$11,225
Jan 202226120881.844.54$22,304
Dec 202121624271.323.90$16,349
Nov 2021025177.435.24$1,314
Oct 202111471779.795.71$13,193
Sep 20210269.865.35$11
Aug 20210066.024.22$0
Jul 20211236570.783.98$8,965
Jun 2021018569.493.38$625
May 2021012063.483.02$362
Apr 202129121160.362.76$18,147
Mar 202118127561.302.72$11,842
Feb 2021011857.805.55$655
Jan 20212904350.412.81$14,740
Dec 202002244.642.68$59
Nov 202006438.772.71$173
Oct 202030124536.972.48$11,735
Sep 202017015637.091.99$6,616
Aug 2020020639.982.39$491
Jul 20208718538.371.83$3,676
Jun 202014231334.901.69$5,485
May 202048132316.921.81$8,725
Apr 202026335914.751.80$4,527
Mar 2020044530.341.86$826
Feb 2020036749.881.98$727
Jan 202044545157.252.09$26,421
Dec 201936656559.012.30$22,900
Nov 201916367955.302.75$10,882
Oct 20198656153.472.42$5,955
Sep 201907955.052.66$210
Aug 2019035253.112.30$811
Jul 20199533956.272.46$6,180
Jun 201911338152.782.49$6,913
May 2019030458.482.74$833
Apr 20197948262.632.75$6,274
Mar 201917142356.803.06$11,008
Feb 20199416750.852.79$5,246
Jan 201921573346.033.23$12,263
Dec 201821946846.594.19$12,162
Nov 20188975552.934.24$7,910
Oct 201822561261.443.40$15,904
Sep 201820377959.543.11$14,508
Aug 20182051,06659.403.07$15,446
Jul 201828279565.142.93$20,700
Jun 2018080260.183.08$2,468
May 20181631,07065.382.90$13,761
Apr 201812984463.842.90$10,684
Mar 20188749761.222.79$6,711
Feb 201835169361.782.77$23,602
Jan 201821681862.874.01$16,860
Dec 2017052557.272.92$1,534
Nov 2017711,15255.423.12$7,527
Oct 20171911,26249.292.98$13,180
Sep 20173321,09747.523.09$19,163
Aug 201716188345.373.00$9,957
Jul 20172231143.873.09$1,925
Jun 2017821442.493.09$3,527
May 201716392045.373.26$10,398
Apr 201720373147.933.21$12,077
Mar 201726195246.772.98$15,047
Feb 20179487450.452.95$7,323
Jan 201717381749.413.42$11,341
Dec 201618881548.763.72$12,201
Nov 201634892142.492.64$17,222
Oct 20161031,15746.193.09$8,333
Sep 201633987941.553.10$16,811
Aug 20161061,07441.442.92$7,533
Jul 20163531,05841.622.92$17,786
Jun 201619699145.352.69$11,550
May 20162171,00742.521.99$11,232
Apr 201629199536.561.99$12,620
Mar 20161721,00133.011.79$7,474
Feb 201621595326.472.06$7,658
Jan 201625698727.352.36$9,335
Dec 20151851,20532.362.00$8,398
Nov 20152021,40738.792.17$10,885
Oct 20153691,41143.552.43$19,494
Sep 201543199942.992.76$21,284
Aug 20152011,13640.162.87$11,335
Jul 20152971,04048.152.95$17,363
Jun 20153881,35556.152.88$25,692
May 201528774055.212.96$18,032
Apr 201518590849.822.71$11,674
Mar 201552092542.892.93$25,017
Feb 20153531,04544.662.98$18,875
Jan 20156151,66143.433.10$31,860
Dec 20142561,70154.693.59$20,110
Nov 20145731,59370.464.25$47,147
Oct 20142761,58178.303.90$27,778
Sep 20144851,67486.164.05$48,560
Aug 20145542,10489.394.04$58,012
Jul 20148722,67396.564.18$95,372
Jun 20147042,93398.164.74$82,998
May 20148603,16894.734.73$96,442
Apr 20145471,07995.944.81$57,668
Mar 201465973995.895.06$66,928
Feb 20141,1692,39197.406.19$128,666
Jan 20141,6303,88090.404.86$166,212
Dec 20131,3382,16291.824.35$132,270

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                    0 bbl  × $ 76.41 =         $0
Casinghead gas       264 Mcf  × $  5.73 =     $1,512

────────────────────────────────────────────────────
Month total                                   $1,512

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/45022 is the state's own key, not one this site invented.