UNIVERSITY 38B

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 45077District 08Field 33176001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.3 M
Feb 2014 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
148
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
OilDisposition21,968 bbl$1,301,079
Casinghead gasProduction7,865 Mcf$25,787
Total$1,326,867

Wells on this lease (3)

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 32.3382, -102.7279. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.33836, -102.72803 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
5,013 ft
3 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.
3100.0%

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 4,990 and 5,037 ft, median 5,013 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2014 – Aug 2014
3 of 3 wells

3 wells

42-0034619115,013 ftAug 2014
42-0034621465,037 ftAug 2014
42-0034570054,990 ftFeb 2014

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 (148)

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

148 months

May 2026483106.413.05$5,117
Apr 202640698.932.87$3,974
Mar 2026881389.753.15$7,939
Feb 2026102263.503.75$6,485
Jan 20261101959.138.00$6,656
Dec 20251021356.664.41$5,837
Nov 202538758.593.93$2,254
Oct 202542959.383.30$2,524
Sep 202532962.743.08$2,035
Aug 2025361063.933.01$2,332
Jul 202538466.743.32$2,549
Jun 202540666.483.13$2,678
May 202542260.553.23$2,550
Apr 202540262.363.54$2,501
Mar 202544067.704.27$2,979
Feb 202528070.884.34$1,985
Jan 202532074.324.28$2,378
Dec 202434068.993.12$2,346
Nov 202430069.052.20$2,072
Oct 202424171.372.28$1,715
Sep 20240069.612.36$0
Aug 202446175.632.06$3,481
Jul 202448079.932.15$3,837
Jun 202446078.082.63$3,592
May 202470078.812.20$5,517
Apr 2024106084.451.66$8,952
Mar 202432080.301.55$2,570
Feb 202456176.091.78$4,263
Jan 202450173.023.30$3,654
Dec 202348471.262.61$3,431
Nov 2023842277.892.81$6,605
Oct 2023761385.443.09$6,534
Sep 2023602089.042.74$5,397
Aug 2023621480.522.67$5,030
Jul 2023662374.852.64$5,001
Jun 202354468.962.26$3,733
May 2023601370.622.23$4,266
Apr 202371778.122.24$5,562
Mar 202373672.852.39$5,332
Feb 2023711375.112.47$5,365
Jan 2023591476.533.39$4,563
Dec 2022751676.415.73$5,822
Nov 2022722085.005.65$6,233
Oct 2022842187.185.86$7,446
Sep 2022912384.888.16$7,912
Aug 20221012694.529.13$9,784
Jul 20228415101.587.54$8,646
Jun 2022975115.097.98$11,204
May 20229523109.378.43$10,584
Apr 20229223104.226.84$9,746
Mar 202210314108.885.08$11,286
Feb 2022751491.054.86$6,897
Jan 2022951481.844.54$7,838
Dec 2021891771.323.90$6,414
Nov 2021991677.435.24$7,749
Oct 20211012679.795.71$8,207
Sep 2021962269.865.35$6,824
Aug 20211132766.024.22$7,574
Jul 20211072570.783.98$7,673
Jun 20211122869.493.38$7,878
May 20211122363.483.02$7,179
Apr 2021551860.362.76$3,369
Mar 20211112161.302.72$6,861
Feb 2021972357.805.55$5,734
Jan 20211292350.412.81$6,568
Dec 20201232344.642.68$5,552
Nov 2020571138.772.71$2,240
Oct 2020771436.972.48$2,881
Sep 2020751437.091.99$2,810
Aug 2020771539.982.39$3,114
Jul 2020761538.371.83$2,944
Jun 2020571934.901.69$2,021
May 2020791916.921.81$1,371
Apr 2020831814.751.80$1,257
Mar 20201002030.341.86$3,071
Feb 2020971649.881.98$4,870
Jan 20201031257.252.09$5,922
Dec 2019103059.012.30$6,078
Nov 20191011255.302.75$5,618
Oct 20191061753.472.42$5,709
Sep 20191062155.052.66$5,891
Aug 20191102353.112.30$5,895
Jul 20191072056.272.46$6,070
Jun 2019772152.782.49$4,116
May 2019852158.482.74$5,028
Apr 2019901362.632.75$5,672
Mar 2019901156.803.06$5,146
Feb 2019871250.852.79$4,457
Jan 2019981346.033.23$4,553
Dec 20181061146.594.19$4,985
Nov 2018961052.934.24$5,124
Oct 2018771061.443.40$4,765
Sep 2018831059.543.11$4,973
Aug 2018941059.403.07$5,614
Jul 20181305365.142.93$8,624
Jun 20181324560.183.08$8,082
May 20181414365.382.90$9,343
Apr 20181474863.842.90$9,524
Mar 20181494961.222.79$9,258
Feb 20181334561.782.77$8,341
Jan 20181554662.874.01$9,929
Dec 20171434157.272.92$8,309
Nov 20171494655.423.12$8,401
Oct 20171603149.292.98$7,979
Sep 20171332647.523.09$6,400
Aug 20171482945.373.00$6,802
Jul 201723327243.873.09$11,061
Jun 201737462542.493.09$17,821
May 201732355245.373.26$16,456
Apr 201724644447.933.21$13,217
Mar 201728137546.772.98$14,261
Feb 201729132350.452.95$15,635
Jan 201741012349.413.42$20,679
Dec 201657415848.763.72$28,576
Nov 201645919942.492.64$20,029
Oct 201648125346.193.09$22,999
Sep 201652725641.553.10$22,691
Aug 201646625641.442.92$20,060
Jul 201651827741.622.92$22,369
Jun 20161767645.352.69$8,186
May 20161035742.521.99$4,493
Apr 2016856636.561.99$3,239
Mar 20161085133.011.79$3,657
Feb 20161494726.472.06$4,041
Jan 20162234827.352.36$6,213
Dec 20152544332.362.00$8,306
Nov 20152445338.792.17$9,580
Oct 20152956543.552.43$13,005
Sep 20153507342.992.76$15,248
Aug 20153099540.162.87$12,682
Jul 201527510548.152.95$13,550
Jun 201531311956.152.88$17,918
May 20152937355.212.96$16,392
Apr 20152143549.822.71$10,756
Mar 20152173442.892.93$9,407
Feb 20152204944.662.98$9,971
Jan 20152274443.433.10$9,995
Dec 20143485954.693.59$19,244
Nov 20144649070.464.25$33,076
Oct 20148298878.303.90$65,254
Sep 201473214986.164.05$63,672
Aug 201458213089.394.04$52,550
Jul 20141287896.564.18$12,686
Jun 20141276198.164.74$12,755
May 201416310094.734.73$15,914
Apr 20141757995.944.81$17,169
Mar 20142039095.895.06$19,921
Feb 20141261797.406.19$12,378

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                   48 bbl  × $106.41 =     $5,108
Casinghead gas         3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                   $5,117

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/45077 is the state's own key, not one this site invented.