UNIVERSITY JV 14

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the SHAFTER LAKE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46383District 08Field 82570500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$61.0 M
Jan 2015 – May 2026
Value, last 12 filed months
$2.9 M
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 194 leases and 1,113 wells, and the rule below applies to all of them.

Discovered
1953-04-01
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 10 acres. The field rule took effect on 2014-01-07.

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: DIAGONAL LIMITATION, TOP ALLOWABLE ADJUSTED.

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
OilDisposition1,075,926 bbl$59,721,701
Casinghead gasProduction396,045 Mcf$1,232,309
Total$60,954,010

Wells on this lease (6)

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 32.3565, -102.6629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.8 miles.

32.36028, -102.66284 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
4,514 ft
6 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.
6100.0%

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 4,451 and 4,650 ft, median 4,514 ft, over the 6 wells that filed a depth.

Completions filed
Jan 2015 – Dec 2021
6 of 6 wells

6 wells

42-0034845914,650 ftDec 2021
42-003473743H4,451 ftNov 2016
42-003473758H4,507 ftOct 2016
42-003468834H4,521 ftNov 2015
42-003464482H4,531 ftJan 2015
42-003464471H4,465 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 20261,9791,521106.413.05$215,218
Apr 20264,1892,03298.932.87$420,249
Mar 20262,6571,54589.753.15$243,332
Feb 20262,8451,61963.503.75$186,729
Jan 20263,0711,52559.138.00$193,785
Dec 20253,6041,00356.664.41$208,629
Nov 20254,1591,31158.593.93$248,823
Oct 20253,7791,51659.383.30$229,407
Sep 20253,3431,26162.743.08$213,620
Aug 20253,6776663.933.01$235,270
Jul 20253,9025466.743.32$260,599
Jun 20253,4413566.483.13$228,867
May 20253,5173960.553.23$213,080
Apr 20252,9431,06362.363.54$187,292
Mar 20253,5871,39467.704.27$248,790
Feb 20253,5541,63470.884.34$259,000
Jan 20253,2941,56374.324.28$251,498
Dec 20243,5091,12968.993.12$245,610
Nov 20242,8421,40869.052.20$199,336
Oct 20243,6581,83471.372.28$265,256
Sep 20243,4861,84369.612.36$247,018
Aug 20243,7641,89575.632.06$288,582
Jul 20243,57740079.932.15$286,768
Jun 20244,24138178.082.63$332,141
May 20243,79533978.812.20$299,829
Apr 20244,5033484.451.66$380,335
Mar 20244,906080.301.55$393,952
Feb 20244,0991,14176.091.78$313,928
Jan 20244,5471,07173.023.30$335,554
Dec 20233,8641,78071.262.61$279,996
Nov 20233,95499577.892.81$310,771
Oct 20234,2911,70585.443.09$371,887
Sep 20234,7501,42689.042.74$426,840
Aug 20234,66874480.522.67$377,856
Jul 20234,11895074.852.64$310,742
Jun 20233,6891,03068.962.26$256,720
May 20233,3182,01870.622.23$238,812
Apr 20234,3462,20578.122.24$344,444
Mar 20234,2812,81972.852.39$318,617
Feb 20234,4762,29275.112.47$341,844
Jan 20233,0212,61876.533.39$240,066
Dec 20223,7243,14076.415.73$302,540
Nov 20223,4601,52985.005.65$302,733
Oct 20224,15396987.185.86$367,741
Sep 20223,3881,07484.888.16$296,341
Aug 20223,6701,30594.529.13$358,799
Jul 20224,5690101.587.54$464,119
Jun 20224,681622115.097.98$543,698
May 20225,2371,238109.378.43$583,211
Apr 20224,8871,389104.226.84$518,821
Mar 20225,2781,953108.885.08$584,583
Feb 20224,1461,17691.054.86$383,207
Jan 20224,8281,55481.844.54$402,175
Dec 20215,4031,62571.323.90$391,678
Nov 20214,8971,24777.435.24$385,705
Oct 20214,7231,47779.795.71$385,288
Sep 20214,6441,22469.865.35$330,979
Aug 20214,51091166.024.22$301,595
Jul 20213,98891370.783.98$285,906
Jun 20214,49962769.493.38$314,755
May 20214,1431,06063.483.02$266,196
Apr 20213,78768360.362.76$230,467
Mar 20212,5931,24161.302.72$162,323
Feb 20211,63067757.805.55$97,970
Jan 20213,3521,51750.412.81$173,238
Dec 20203,4941,45944.642.68$159,876
Nov 20205,7492,20738.772.71$228,862
Oct 20203,5811,14536.972.48$135,227
Sep 20205,6431,62437.091.99$212,532
Aug 20205,8092,12439.982.39$237,310
Jul 20206,3911,81338.371.83$248,532
Jun 20205,7062,15634.901.69$202,784
May 202014499016.921.81$4,233
Apr 20202,8521,49614.751.80$44,766
Mar 20207,40081930.341.86$226,036
Feb 20207,84740449.881.98$392,209
Jan 20208,4442,32457.252.09$488,287
Dec 20198,7392,01659.012.30$520,334
Nov 20199,2944,06455.302.75$525,137
Oct 20199,9472,07153.472.42$536,875
Sep 20198,1463,03555.052.66$456,502
Aug 20198,7215,82153.112.30$476,586
Jul 201910,2106,83056.272.46$591,319
Jun 20198,7886,22652.782.49$479,341
May 20198,4445,06758.482.74$507,690
Apr 20199,7064,82462.632.75$621,156
Mar 20198,2345,82456.803.06$485,525
Feb 201910,3794,92450.852.79$541,521
Jan 201911,3265,37446.033.23$538,684
Dec 201812,9145,24346.594.19$623,608
Nov 201810,4614,92852.934.24$574,582
Oct 201815,1356,74761.443.40$952,821
Sep 201812,4604,74359.543.11$756,610
Aug 201813,9824,69259.403.07$844,919
Jul 201811,5404,16365.142.93$763,921
Jun 20188,6442,59760.183.08$528,187
May 201810,2382,09665.382.90$675,441
Apr 201810,8314,38863.842.90$704,180
Mar 201811,5274,73961.222.79$718,890
Feb 201810,0094,92861.782.77$631,987
Jan 201810,7054,96362.874.01$692,922
Dec 201713,6265,09857.272.92$795,255
Nov 201713,7905,60155.423.12$781,708
Oct 201715,3765,61149.292.98$774,624
Sep 201714,3164,72447.523.09$694,881
Aug 201716,0845,74045.373.00$746,976
Jul 201717,8856,87843.873.09$805,849
Jun 201716,2527,05342.493.09$712,322
May 201719,4908,35845.373.26$911,537
Apr 201721,6629,38647.933.21$1,068,404
Mar 201723,0279,43246.772.98$1,105,115
Feb 201723,5149,54050.452.95$1,214,449
Jan 201731,15012,46349.413.42$1,581,730
Dec 201637,89913,41848.763.72$1,897,908
Nov 201657,9669,88242.492.64$2,489,107
Oct 201618,3834,28746.193.09$862,359
Sep 20165,4502,88041.553.10$235,377
Aug 20163,9703,01041.442.92$173,319
Jul 20164,9423,34941.622.92$215,480
Jun 20165,1022,48345.352.69$238,045
May 20165,8882,81742.521.99$255,967
Apr 20165,6752,53636.561.99$212,527
Mar 20167,1542,49033.011.79$240,621
Feb 20166,4382,73726.472.06$176,062
Jan 20169,8083,76927.352.36$277,160
Dec 201510,3034,24032.362.00$341,891
Nov 20156,3764,10538.792.17$256,222
Oct 20156,6594,45343.552.43$300,805
Sep 20157,9713,99242.992.76$353,685
Aug 20158,3054,48440.162.87$346,409
Jul 20158,9714,87148.152.95$446,299
Jun 20159,6103,47856.152.88$549,628
May 20159,9113,63755.212.96$557,935
Apr 201512,1564,23349.822.71$617,069
Mar 201513,2833,27942.892.93$579,331
Feb 201515,1881,78044.662.98$683,594
Jan 20155,47269843.433.10$239,813

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                1,979 bbl  × $106.41 =   $210,585
Casinghead gas     1,521 Mcf  × $  3.05 =     $4,633

────────────────────────────────────────────────────
Month total                                 $215,218

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/46383 is the state's own key, not one this site invented.