UNIVERSITY 4-25 UNIT

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

Oil lease lease 46799District 08Field 56822125Hydrogen sulphide fieldOilSaveExport
Value, all time
$1.3 M
Jul 2015 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
131
no gaps in the span
Streams
1
oil

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 37 leases and 119 wells, and the rule below applies to all of them.

Discovered
1953-04-18
as the register files it
Field class
Oil
the register's own label
Between wells
1,220 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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: SEE FIELD RULES FOR CASING REQUIREMENTS.

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
OilDisposition23,236 bbl$1,313,101
Total$1,313,101

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 32.4361, -102.4093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43607, -102.40930 · 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
12,574 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 12,574 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-00347084112,574 ftJul 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 (131)

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

131 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 202618063.503.75$11,430
Jan 2026059.138.00$0
Dec 202515956.664.41$9,009
Nov 202514058.593.93$8,203
Oct 202516359.383.30$9,679
Sep 202515862.743.08$9,913
Aug 2025063.933.01$0
Jul 202518166.743.32$12,080
Jun 202518266.483.13$12,099
May 2025060.553.23$0
Apr 202518262.363.54$11,350
Mar 202516767.704.27$11,306
Feb 202518470.884.34$13,042
Jan 202518474.324.28$13,675
Dec 2024068.993.12$0
Nov 202410669.052.20$7,319
Oct 202417471.372.28$12,418
Sep 202418169.612.36$12,599
Aug 2024075.632.06$0
Jul 202416579.932.15$13,188
Jun 202417978.082.63$13,976
May 202418278.812.20$14,343
Apr 2024084.451.66$0
Mar 202415580.301.55$12,447
Feb 202417376.091.78$13,164
Jan 202415473.023.30$11,245
Dec 202316271.262.61$11,544
Nov 202316977.892.81$13,163
Oct 2023085.443.09$0
Sep 202317689.042.74$15,671
Aug 202316280.522.67$13,044
Jul 202318274.852.64$13,623
Jun 202317468.962.26$11,999
May 2023070.622.23$0
Apr 202318278.122.24$14,218
Mar 202334072.852.39$24,769
Feb 2023075.112.47$0
Jan 202318176.533.39$13,852
Dec 202232276.415.73$24,604
Nov 202218185.005.65$15,385
Oct 2022087.185.86$0
Sep 202235284.888.16$29,878
Aug 2022094.529.13$0
Jul 2022181101.587.54$18,386
Jun 2022182115.097.98$20,946
May 2022180109.378.43$19,687
Apr 2022183104.226.84$19,072
Mar 20220108.885.08$0
Feb 202213491.054.86$12,201
Jan 202214381.844.54$11,703
Dec 202115871.323.90$11,269
Nov 202118077.435.24$13,937
Oct 202115479.795.71$12,288
Sep 202115169.865.35$10,549
Aug 202117966.024.22$11,818
Jul 202118270.783.98$12,882
Jun 2021069.493.38$0
May 202118163.483.02$11,490
Apr 202116760.362.76$10,080
Mar 202117661.302.72$10,789
Feb 2021057.805.55$0
Jan 202117550.412.81$8,822
Dec 202033144.642.68$14,776
Nov 2020038.772.71$0
Oct 202015936.972.48$5,878
Sep 202018037.091.99$6,676
Aug 2020539.982.39$200
Jul 202015938.371.83$6,101
Jun 202018034.901.69$6,282
May 2020016.921.81$0
Apr 202017314.751.80$2,552
Mar 2020030.341.86$0
Feb 202018149.881.98$9,028
Jan 202018257.252.09$10,420
Dec 201916459.012.30$9,678
Nov 2019055.302.75$0
Oct 201916253.472.42$8,662
Sep 201916555.052.66$9,083
Aug 201914853.112.30$7,860
Jul 2019056.272.46$0
Jun 201915252.782.49$8,023
May 201915058.482.74$8,772
Apr 201917962.632.75$11,211
Mar 201918556.803.06$10,508
Feb 201935650.852.79$18,103
Jan 201918246.033.23$8,377
Dec 201816246.594.19$7,548
Nov 201818052.934.24$9,527
Oct 2018161.443.40$61
Sep 201816459.543.11$9,765
Aug 201817959.403.07$10,633
Jul 201816665.142.93$10,813
Jun 201815060.183.08$9,027
May 201815065.382.90$9,807
Apr 2018163.842.90$64
Mar 201816261.222.79$9,918
Feb 201815661.782.77$9,638
Jan 201833362.874.01$20,936
Dec 201718957.272.92$10,824
Nov 201718255.423.12$10,086
Oct 201717149.292.98$8,429
Sep 201716747.523.09$7,936
Aug 201715645.373.00$7,078
Jul 201732943.873.09$14,433
Jun 201716942.493.09$7,181
May 201715745.373.26$7,123
Apr 201732847.933.21$15,721
Mar 201716246.772.98$7,577
Feb 201734150.452.95$17,203
Jan 201718149.413.42$8,943
Dec 201654148.763.72$26,379
Nov 201618242.492.64$7,733
Oct 201636146.193.09$16,675
Sep 201617841.553.10$7,396
Aug 201636141.442.92$14,960
Jul 201636241.622.92$15,066
Jun 201636045.352.69$16,326
May 201636342.521.99$15,435
Apr 201636436.561.99$13,308
Mar 201637133.011.79$12,247
Feb 201653226.472.06$14,082
Jan 201636827.352.36$10,065
Dec 201536532.362.00$11,811
Nov 201536438.792.17$14,120
Oct 201534743.552.43$15,112
Sep 201554542.992.76$23,430
Aug 201590540.162.87$36,345
Jul 2015048.152.95$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.

Feb 2026 — as filed, then multipliedworked
Oil                  180 bbl  × $ 63.50 =    $11,430

────────────────────────────────────────────────────
Month total                                  $11,430

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/46799 is the state's own key, not one this site invented.