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UNIVMICHELLE

Operated by SEVEN LOAVES ENERGY LLC (P-5 103765) in the UNIVERSITY 31 WEST (U. DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45587District 08Field 92505500OilCasinghead gasSaveExport
Value, all time
$5.5 M
Oct 2014 – May 2026
Value, last 12 filed months
$339 k
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
oil, casinghead gas

The UNIVERSITY 31 WEST (U. DEVONIAN) field

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 38 leases and 104 wells, and the rule below applies to all of them.

Discovered
2011-10-27
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 20 acres. The field rule took effect on 2016-01-12.

The Commission's schedule remark for this field reads: “ TO RULE 51 (A) , 10 DAY RULE.STACKED LATERAL RULES ADOPTED.”

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
OilDisposition83,037 bbl$4,717,682
Casinghead gasProduction228,771 Mcf$742,836
Total$5,460,518

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 31.4652, -102.4026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46524, -102.40262 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,670 ft
1 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.
1100.0%

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 9,670 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-1033640131069,670 ftOct 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 (140)

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

140 months

May 2026349947106.413.05$40,022
Apr 202642173198.932.87$43,747
Mar 202634183789.753.15$33,241
Feb 202634088063.503.75$24,890
Jan 202633795459.138.00$27,557
Dec 202533390956.664.41$22,880
Nov 202537794758.593.93$25,807
Oct 20253401,06359.383.30$23,702
Sep 202541198262.743.08$28,808
Aug 20253771,09163.933.01$27,391
Jul 20252121,12066.743.32$17,862
Jun 20252951,11266.483.13$23,091
May 20253331,14960.553.23$23,877
Apr 20252931,09462.363.54$22,148
Mar 202529693167.704.27$24,013
Feb 202529785670.884.34$24,767
Jan 202534688174.324.28$29,484
Dec 202438492768.993.12$29,386
Nov 20242821,07769.052.20$21,840
Oct 20243831,17471.372.28$30,013
Sep 20242571,06369.612.36$20,403
Aug 20243341,16975.632.06$27,673
Jul 20242971,29079.932.15$26,508
Jun 20242921,25378.082.63$26,100
May 20242911,27178.812.20$25,728
Apr 20242941,18684.451.66$26,796
Mar 20243331,14180.301.55$28,503
Feb 20243241,12376.091.78$26,656
Jan 20243021,06373.023.30$25,557
Dec 20234481,11771.262.61$34,841
Nov 20233311,10877.892.81$28,892
Oct 20234211,19785.443.09$39,666
Sep 20233851,16989.042.74$37,478
Aug 20233161,13880.522.67$28,486
Jul 20233181,36374.852.64$27,403
Jun 20233511,34268.962.26$27,236
May 20232751,34670.622.23$22,419
Apr 20232631,31678.122.24$23,490
Mar 20233001,36572.852.39$25,122
Feb 20232441,22175.112.47$21,337
Jan 20234331,25376.533.39$37,382
Dec 20223281,32276.415.73$32,636
Nov 20223621,27685.005.65$37,975
Oct 20223291,43887.185.86$37,114
Sep 20222711,35584.888.16$34,064
Aug 20223611,48594.529.13$47,676
Jul 20223261,640101.587.54$45,484
Jun 20223711,559115.097.98$55,135
May 20223771,704109.378.43$55,602
Apr 20223921,287104.226.84$49,654
Mar 20224271,222108.885.08$52,695
Feb 20223801,58991.054.86$42,320
Jan 20225061,83981.844.54$49,756
Dec 20215391,47871.323.90$44,204
Nov 202149482477.435.24$42,566
Oct 20213581,16279.795.71$35,204
Sep 20213281,13169.865.35$28,966
Aug 20214151,14766.024.22$32,239
Jul 20214451,08570.783.98$35,818
Jun 202145983969.493.38$34,732
May 20214291,12963.483.02$30,640
Apr 20214181,07660.362.76$28,199
Mar 20215411,08861.302.72$36,119
Feb 202134684457.805.55$24,681
Jan 202153586150.412.81$29,389
Dec 202048290944.642.68$23,948
Nov 20204381,03238.772.71$19,774
Oct 20204731,17336.972.48$20,394
Sep 20205631,00037.091.99$22,873
Aug 20209461,11739.982.39$40,485
Jul 2020061038.371.83$1,113
Jun 2020011134.901.69$188
May 20203533716.921.81$1,204
Apr 202035495714.751.80$6,948
Mar 20204601,21530.341.86$16,212
Feb 202051998149.881.98$27,831
Jan 20204691,25257.252.09$29,473
Dec 20194751,29559.012.30$31,014
Nov 20193851,12855.302.75$24,393
Oct 20194381,28353.472.42$26,523
Sep 20194231,44055.052.66$27,113
Aug 20194761,35753.112.30$28,407
Jul 20195001,42456.272.46$31,638
Jun 20195631,39952.782.49$33,200
May 20194261,45058.482.74$28,886
Apr 20194751,34662.632.75$33,452
Mar 20195991,15256.803.06$37,551
Feb 20195111,29550.852.79$29,600
Jan 20194951,39946.033.23$27,301
Dec 20185941,28446.594.19$33,049
Nov 20186121,38752.934.24$38,270
Oct 20184721,51661.443.40$34,151
Sep 20185141,57859.543.11$35,508
Aug 20185321,68659.403.07$36,771
Jul 20185721,80065.142.93$42,537
Jun 20185711,71560.183.08$39,640
May 20185341,79865.382.90$40,129
Apr 20187151,58263.842.90$50,235
Mar 20187061,76661.222.79$48,143
Feb 20186571,53361.782.77$44,830
Jan 20185821,67262.874.01$43,294
Dec 20175671,70057.272.92$37,439
Nov 20175571,66555.423.12$36,061
Oct 20176091,77449.292.98$35,311
Sep 20176641,76347.523.09$36,996
Aug 20177041,81845.373.00$37,402
Jul 20176801,81743.873.09$35,441
Jun 20176571,64642.493.09$32,998
May 20175951,70345.373.26$32,553
Apr 20177611,62647.933.21$41,697
Mar 20177091,62446.772.98$38,005
Feb 20177591,45250.452.95$42,579
Jan 20176911,34449.413.42$38,737
Dec 20167351,94548.763.72$43,080
Nov 20163972,05942.492.64$22,313
Oct 20162402,11046.193.09$17,606
Sep 20164342,27641.553.10$25,090
Aug 20166042,29441.442.92$31,738
Jul 20168602,45341.622.92$42,967
Jun 20169382,30345.352.69$48,724
May 20167652,35942.521.99$37,225
Apr 20169022,28536.561.99$37,527
Mar 20169342,23533.011.79$34,841
Feb 20169352,19126.472.06$29,271
Jan 20169762,04027.352.36$31,517
Dec 20157382,50632.362.00$28,897
Nov 20151,1632,90938.792.17$51,418
Oct 20159073,02343.552.43$46,835
Sep 20151,0113,31742.992.76$52,613
Aug 20151,2763,78440.162.87$62,114
Jul 20151,3343,52948.152.95$74,625
Jun 20151,2153,74556.152.88$79,019
May 20151,9494,10355.212.96$119,731
Apr 20151,5944,70649.822.71$92,150
Mar 20151,5273,90542.892.93$76,953
Feb 20152,0395,65444.662.98$107,889
Jan 20152,9497,70043.433.10$151,950
Dec 20143,8367,61154.693.59$237,125
Nov 20143,5393,88770.464.25$265,885
Oct 201442839578.303.90$35,053

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                  349 bbl  × $106.41 =    $37,137
Casinghead gas       947 Mcf  × $  3.05 =     $2,884

────────────────────────────────────────────────────
Month total                                  $40,022

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/45587 is the state's own key, not one this site invented.