UNIVERSITY 18-12A

Operated by WTG EXPLORATION (P-5 945220) in the BLOCK 17, SOUTHEAST (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45897District 08Field 09288500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 2015 – May 2026
Value, last 12 filed months
$225 k
at the published price for each month
Months reported
137
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 44 leases and 65 wells, and the rule below applies to all of them.

Discovered
1956-02-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,100 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1960-01-01.

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: MULTIPLE 49B RULE

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
OilDisposition54,248 bbl$2,991,471
Casinghead gasProduction53,280 Mcf$164,490
Total$3,155,962

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 31.5926, -103.2434. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59265, -103.24345 · 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
5,130 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 5,130 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-4753683515,130 ftJan 2015

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 (137)

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

137 months

May 20261730106.413.05$18,409
Apr 20263319198.932.87$33,007
Mar 202637115489.753.15$33,782
Feb 202618625963.503.75$12,782
Jan 202618119759.138.00$12,278
Dec 202534727356.664.41$20,866
Nov 202517821858.593.93$11,285
Oct 202535426459.383.30$21,893
Sep 202518428862.743.08$12,430
Aug 202517723863.933.01$12,033
Jul 202533224266.743.32$22,960
Jun 202518418066.483.13$12,795
May 202536031460.553.23$22,813
Apr 202517725762.363.54$11,948
Mar 202518428767.704.27$13,682
Feb 202536226170.884.34$26,792
Jan 202517425474.324.28$14,018
Dec 202417711268.993.12$12,561
Nov 202435317869.052.20$24,766
Oct 202417828371.372.28$13,350
Sep 202418522069.612.36$13,398
Aug 202433434775.632.06$25,977
Jul 202417838679.932.15$15,056
Jun 202436842378.082.63$29,848
May 202436133278.812.20$29,180
Apr 202436640884.451.66$31,586
Mar 202418828780.301.55$15,540
Feb 202435830376.091.78$27,781
Jan 202436924073.023.30$27,736
Dec 202352321271.262.61$37,822
Nov 202318028277.892.81$14,812
Oct 202317535085.443.09$16,033
Sep 202335360589.042.74$33,086
Aug 202353768780.522.67$45,076
Jul 202317711574.852.64$13,552
Jun 202335217968.962.26$24,678
May 202335724270.622.23$25,750
Apr 202336286578.122.24$30,215
Mar 202318746072.852.39$14,724
Feb 202320512375.112.47$15,701
Jan 202368811576.533.39$53,042
Dec 2022013276.415.73$756
Nov 202206585.005.65$367
Oct 202236451987.185.86$34,777
Sep 2022037484.888.16$3,053
Aug 20220094.529.13$0
Jul 202218214101.587.54$18,593
Jun 2022180121115.097.98$21,681
May 2022185302109.378.43$22,780
Apr 202231159104.226.84$32,816
Mar 20220308108.885.08$1,564
Feb 202236124791.054.86$34,069
Jan 20225732181.844.54$6,121
Dec 202134852971.323.90$26,882
Nov 202134355677.435.24$29,470
Oct 202118646079.795.71$17,469
Sep 202117835069.865.35$14,308
Aug 202136240566.024.22$25,609
Jul 202136439870.783.98$27,349
Jun 202135052369.493.38$26,090
May 202135953563.483.02$24,404
Apr 202135959860.362.76$23,319
Mar 202136655661.302.72$23,946
Feb 202115530257.805.55$10,634
Jan 202155241250.412.81$28,984
Dec 202036964044.642.68$18,184
Nov 202035068938.772.71$15,434
Oct 202053061936.972.48$21,128
Sep 202053849837.091.99$20,946
Aug 202072377539.982.39$30,754
Jul 2020011738.371.83$214
Jun 202035527834.901.69$12,859
May 202003016.921.81$54
Apr 202018916014.751.80$3,076
Mar 2020025330.341.86$470
Feb 202037539449.881.98$19,485
Jan 202018842057.252.09$11,643
Dec 201936141859.012.30$22,266
Nov 201917733355.302.75$10,704
Oct 201917935853.472.42$10,437
Sep 201918713655.052.66$10,656
Aug 201918224253.112.30$10,224
Jul 201936042856.272.46$21,310
Jun 201918254052.782.49$10,951
May 20191423158.482.74$1,452
Apr 201917124962.632.75$11,395
Mar 201936422256.803.06$21,355
Feb 201918640750.852.79$10,595
Jan 201937854346.033.23$19,152
Dec 201837257846.594.19$19,751
Nov 201873753052.934.24$41,255
Oct 201819128361.443.40$12,697
Sep 201818812159.543.11$11,570
Aug 201817817959.403.07$11,122
Jul 20183568665.142.93$23,442
Jun 201818230960.183.08$11,904
May 201836339765.382.90$24,885
Apr 201817716063.842.90$11,764
Mar 201833421261.222.79$21,038
Feb 201818318461.782.77$11,815
Jan 201855239962.874.01$36,304
Dec 201754652857.272.92$32,812
Nov 201737034955.423.12$21,594
Oct 201737641849.292.98$19,780
Sep 201754953947.523.09$27,753
Aug 201754765445.373.00$26,782
Jul 201735040843.873.09$16,614
Jun 201736945842.493.09$17,093
May 201755466745.373.26$27,312
Apr 201754782547.933.21$28,867
Mar 20175511,02546.772.98$28,829
Feb 201754897450.452.95$30,522
Jan 201772277149.413.42$38,310
Dec 201653657448.763.72$28,272
Nov 201672156542.492.64$32,129
Oct 201672161946.193.09$35,216
Sep 201653765041.553.10$24,328
Aug 201671967341.442.92$31,763
Jul 201671465241.622.92$31,623
Jun 201668670345.352.69$32,998
May 201672249342.521.99$31,681
Apr 201690270236.561.99$34,375
Mar 201674464233.011.79$25,711
Feb 20161,10846526.472.06$30,288
Jan 201636337127.352.36$10,805
Dec 201574962032.362.00$25,479
Nov 201593381238.792.17$37,951
Oct 20151,08764743.552.43$48,909
Sep 20151,09070742.992.76$48,809
Aug 201572353540.162.87$30,572
Jul 201590670948.152.95$45,712
Jun 20151,2591,00456.152.88$73,587
May 20151,22281055.212.96$69,861
Apr 20151,28958949.822.71$65,812
Mar 20151,3038742.892.93$56,141
Feb 20151,686044.662.98$75,297
Jan 20150043.433.10$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                  173 bbl  × $106.41 =    $18,409
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,409

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/45897 is the state's own key, not one this site invented.