PHILLIPS UNIVERSITY

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the MARTIN (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47134District 08Field 57774275Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$371 k
Oct 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
188
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 118 leases and 585 wells, and the rule below applies to all of them.

Discovered
2000-11-20
as the register files it
Field class
Oil and gas
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 2010-06-22.

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: UNIVERSITY WELL #1 (API #003-00649).

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
OilDisposition7,217 bbl$338,476
Casinghead gasProduction12,001 Mcf$32,799
Total$371,275

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 32.1531, -102.7477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15310, -102.74773 · 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
8,108 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 8,108 ft.

Completions filed
Feb 2021
1 of 1 wells

1 well

42-0034186716H8,108 ftFeb 2021

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 (188)

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

188 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021101061.302.72$640
Feb 20217912957.805.55$5,282
Jan 20217642250.412.81$5,017
Dec 20205044.642.68$223
Nov 20205820038.772.71$2,790
Oct 202010138236.972.48$4,681
Sep 20204311137.091.99$1,816
Aug 20204912839.982.39$2,264
Jul 20206311838.371.83$2,633
Jun 20209912034.901.69$3,658
May 20209317916.921.81$1,898
Apr 20209115814.751.80$1,627
Mar 20204410930.341.86$1,537
Feb 2020429349.881.98$2,279
Jan 2020469757.252.09$2,837
Dec 20194910159.012.30$3,124
Nov 2019469355.302.75$2,800
Oct 20194911753.472.42$2,903
Sep 20196711455.052.66$3,991
Aug 20199619153.112.30$5,539
Jul 20199622556.272.46$5,955
Jun 201911529852.782.49$6,812
May 201913522258.482.74$8,503
Apr 201910422962.632.75$7,143
Mar 201910717556.803.06$6,613
Feb 20198811750.852.79$4,801
Jan 201910610046.033.23$5,202
Dec 20181038846.594.19$5,167
Nov 2018805952.934.24$4,484
Oct 2018827661.443.40$5,296
Sep 20186910059.543.11$4,419
Aug 20186611059.403.07$4,258
Jul 20185920365.142.93$4,438
Jun 20187413660.183.08$4,872
May 20188914365.382.90$6,234
Apr 201810414463.842.90$7,057
Mar 20189914061.222.79$6,451
Feb 201810912661.782.77$7,083
Jan 201813616162.874.01$9,196
Dec 201713916057.272.92$8,428
Nov 201713614255.423.12$7,980
Oct 201716915149.292.98$8,781
Sep 201715315147.523.09$7,737
Aug 201714817345.373.00$7,235
Jul 201714121043.873.09$6,834
Jun 201713121942.493.09$6,242
May 201714229045.373.26$7,389
Apr 201712625347.933.21$6,852
Mar 201713723946.772.98$7,121
Feb 201711619850.452.95$6,437
Jan 201713621149.413.42$7,441
Dec 201612518348.763.72$6,776
Nov 201611919242.492.64$5,564
Oct 201613018746.193.09$6,583
Sep 201615420541.553.10$7,034
Aug 201613722141.442.92$6,324
Jul 201614323241.622.92$6,630
Jun 201614721945.352.69$7,255
May 201613626142.521.99$6,302
Apr 201612123936.561.99$4,900
Mar 201613227733.011.79$4,854
Feb 201612525526.472.06$3,835
Jan 201615326527.352.36$4,811
Dec 201513726232.362.00$4,958
Nov 201514625338.792.17$6,212
Oct 201510111643.552.43$4,680
Sep 2015917042.992.76$4,105
Aug 201512717440.162.87$5,600
Jul 201529226948.152.95$14,852
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$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.

Mar 2021 — as filed, then multipliedworked
Oil                   10 bbl  × $ 61.30 =       $613
Casinghead gas        10 Mcf  × $  2.72 =        $27

────────────────────────────────────────────────────
Month total                                     $640

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/47134 is the state's own key, not one this site invented.