UNIVERSITY 38E

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 45169District 08Field 33176001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.1 M
Apr 2014 – May 2026
Value, last 12 filed months
$111 k
at the published price for each month
Months reported
146
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
OilDisposition33,776 bbl$2,124,066
Casinghead gasProduction4,394 Mcf$13,828
Total$2,137,894

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 32.3480, -102.7228. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.34801, -102.72279 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
4,968 ft
2 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.
2100.0%

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 4,935 and 5,000 ft, median 4,968 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2014 – Dec 2014
2 of 2 wells

2 wells

42-0034652135,000 ftDec 2014
42-0034585224,935 ftApr 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 (146)

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

146 months

May 202615218106.413.05$16,229
Apr 20261262598.932.87$12,537
Mar 20261122389.753.15$10,124
Feb 202688263.503.75$5,596
Jan 2026961959.138.00$5,828
Dec 2025981456.664.41$5,614
Nov 20251542758.593.93$9,129
Oct 20251763859.383.30$10,576
Sep 20251383662.743.08$8,769
Aug 20251484263.933.01$9,588
Jul 20251601766.743.32$10,735
Jun 2025981866.483.13$6,571
May 2025104560.553.23$6,313
Apr 2025166762.363.54$10,377
Mar 2025174167.704.27$11,784
Feb 20251841170.884.34$13,090
Jan 20252181674.324.28$16,270
Dec 2024220668.993.12$15,197
Nov 20242002269.052.20$13,858
Oct 20242121371.372.28$15,160
Sep 2024278669.612.36$19,366
Aug 2024318675.632.06$24,063
Jul 20244381579.932.15$35,042
Jun 20244963578.082.63$38,820
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202440080.301.55$3,212
Feb 202480276.091.78$6,091
Jan 202482173.023.30$5,991
Dec 202362271.262.61$4,423
Nov 202386277.892.81$6,704
Oct 202370285.443.09$5,987
Sep 202356489.042.74$4,997
Aug 202372080.522.67$5,797
Jul 202360074.852.64$4,491
Jun 202380268.962.26$5,521
May 202358370.622.23$4,103
Apr 2023691978.122.24$5,433
Mar 2023691572.852.39$5,063
Feb 202365575.112.47$4,894
Jan 202347676.533.39$3,617
Dec 202272876.415.73$5,547
Nov 202265985.005.65$5,576
Oct 2022681387.185.86$6,004
Sep 2022691484.888.16$5,971
Aug 2022781094.529.13$7,464
Jul 2022597101.587.54$6,046
Jun 2022827115.097.98$9,493
May 2022779109.378.43$8,497
Apr 2022709104.226.84$7,357
Mar 2022856108.885.08$9,285
Feb 202253691.054.86$4,855
Jan 202299681.844.54$8,129
Dec 2021921071.323.90$6,600
Nov 202186877.435.24$6,701
Oct 202187779.795.71$6,982
Sep 2021671169.865.35$4,739
Aug 202189866.024.22$5,910
Jul 2021831070.783.98$5,915
Jun 2021911169.493.38$6,361
May 202190463.483.02$5,725
Apr 20210060.362.76$0
Mar 202159061.302.72$3,617
Feb 202154557.805.55$3,149
Jan 202176550.412.81$3,845
Dec 202071044.642.68$3,169
Nov 202087038.772.71$3,373
Oct 2020118636.972.48$4,377
Sep 2020131637.091.99$4,871
Aug 2020137739.982.39$5,494
Jul 2020135738.371.83$5,193
Jun 2020991634.901.69$3,482
May 20201391616.921.81$2,381
Apr 20201451714.751.80$2,169
Mar 2020991630.341.86$3,033
Feb 2020961449.881.98$4,816
Jan 20201033357.252.09$5,966
Dec 2019106059.012.30$6,255
Nov 20191053355.302.75$5,897
Oct 20191113553.472.42$6,020
Sep 20191143855.052.66$6,377
Aug 20191174453.112.30$6,315
Jul 20191153956.272.46$6,567
Jun 2019884552.782.49$4,757
May 20191574558.482.74$9,305
Apr 20191613862.632.75$10,188
Mar 20191663756.803.06$9,542
Feb 20191542050.852.79$7,887
Jan 20191663946.033.23$7,767
Dec 20181603146.594.19$7,584
Nov 20181723152.934.24$9,235
Oct 20181715761.443.40$10,700
Sep 20181775259.543.11$10,700
Aug 20181875059.403.07$11,261
Jul 20181956665.142.93$12,896
Jun 20181696360.183.08$10,364
May 20181434665.382.90$9,483
Apr 20181674463.842.90$10,789
Mar 20181904061.222.79$11,743
Feb 20181754261.782.77$10,928
Jan 20182035062.874.01$12,963
Dec 20171955057.272.92$11,314
Nov 20172105355.423.12$11,803
Oct 20172007349.292.98$10,076
Sep 20172066747.523.09$9,996
Aug 20172005645.373.00$9,242
Jul 20171936743.873.09$8,674
Jun 20171827042.493.09$7,949
May 20172288745.373.26$10,628
Apr 201725510347.933.21$12,553
Mar 201736110846.772.98$17,206
Feb 20173458850.452.95$17,665
Jan 201738511449.413.42$19,413
Dec 201639110548.763.72$19,456
Nov 201634410542.492.64$14,894
Oct 201645013746.193.09$21,209
Sep 20163096041.553.10$13,025
Aug 20162954541.442.92$12,356
Jul 20162925241.622.92$12,305
Jun 20163386145.352.69$15,492
May 20163967142.521.99$16,979
Apr 20164416336.561.99$16,248
Mar 20165154033.011.79$17,072
Feb 20164934526.472.06$13,143
Jan 20165654327.352.36$15,554
Dec 20156372832.362.00$20,669
Nov 20155741838.792.17$22,304
Oct 20154461043.552.43$19,448
Sep 20153894942.992.76$16,858
Aug 20154126440.162.87$16,730
Jul 201557411648.152.95$27,980
Jun 20159965756.152.88$56,090
May 20155222455.212.96$28,891
Apr 20152621249.822.71$13,085
Mar 20154263642.892.93$18,377
Feb 20152904344.662.98$13,079
Jan 2015125443.433.10$5,441
Dec 20143422654.693.59$18,797
Nov 2014435070.464.25$30,650
Oct 20143094578.303.90$24,370
Sep 201439915786.164.05$35,013
Aug 201483915089.394.04$75,603
Jul 20141,588196.564.18$153,341
Jun 20141,370098.164.74$134,479
May 20142,722094.734.73$257,855
Apr 20140095.944.81$0

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                  152 bbl  × $106.41 =    $16,174
Casinghead gas        18 Mcf  × $  3.05 =        $55

────────────────────────────────────────────────────
Month total                                  $16,229

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/45169 is the state's own key, not one this site invented.