UNIVERSITY 1-22 UNIT

Operated by ELEVATION RESOURCES LLC (P-5 247756) in the EMMA (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47546District 08Field 28899166Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$27.4 M
Mar 2016 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
123
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 68 leases and 115 wells, and the rule below applies to all of them.

Discovered
1954-11-27
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 40 acres. The field rule took effect on 2017-11-07.

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: ALLOCATION FORMULA EFFECTIVE 05/01/2018.

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
OilDisposition327,995 bbl$18,808,615
Casinghead gasProduction2,605,715 Mcf$8,577,924
Total$27,386,540

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 32.2134, -102.4800. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21340, -102.48001 · 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
11,043 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 11,043 ft.

Completions filed
Mar 2016
1 of 1 wells

1 well

42-003472842H11,043 ftMar 2016

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 (123)

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

123 months

May 202600106.413.05$0
Apr 202682115,02498.932.87$124,336
Mar 20261,0398,81489.753.15$121,009
Feb 20268146,67163.503.75$76,707
Jan 20267818,99059.138.00$118,082
Dec 20258187,97456.664.41$81,540
Nov 20259109,41258.593.93$90,273
Oct 20258949,93259.383.30$85,909
Sep 20257389,27662.743.08$74,844
Aug 202589810,96963.933.01$90,478
Jul 202589711,44966.743.32$97,822
Jun 20256548,75766.483.13$70,876
May 20251,01110,39860.553.23$94,826
Apr 20258528,54262.363.54$83,396
Mar 20251,0118,92067.704.27$106,518
Feb 20259438,50470.884.34$103,754
Jan 20258358,00274.324.28$96,295
Dec 20249439,85668.993.12$95,822
Nov 20248648,27769.052.20$77,856
Oct 20241,09114,91671.372.28$111,894
Sep 20241,08214,27469.612.36$109,067
Aug 20241,20814,84875.632.06$122,002
Jul 202490110,21279.932.15$93,938
Jun 202496012,45578.082.63$107,763
May 20241,05114,85578.812.20$115,487
Apr 20241,19814,01384.451.66$124,421
Mar 202496414,00780.301.55$99,052
Feb 20241,66219,16776.091.78$160,649
Jan 20241,88716,28873.023.30$191,501
Dec 20231,58320,75771.262.61$166,995
Nov 20231,74717,38877.892.81$184,892
Oct 20231,62822,93085.443.09$209,888
Sep 20231,06814,17689.042.74$133,867
Aug 20231,38716,19980.522.67$154,979
Jul 20231,27114,41574.852.64$133,216
Jun 20231,26912,15068.962.26$114,951
May 20231,10312,94170.622.23$106,719
Apr 20231,28915,83378.122.24$136,127
Mar 20231,43113,68272.852.39$136,992
Feb 20231,1609,85975.112.47$111,437
Jan 20231,22213,38776.533.39$138,871
Dec 20221,60115,96976.415.73$213,820
Nov 20221,90918,90785.005.65$269,018
Oct 20221,73119,00087.185.86$262,320
Sep 20221,16115,11384.888.16$221,923
Aug 20221,55720,61194.529.13$335,288
Jul 20221,72320,554101.587.54$330,042
Jun 20221,43817,906115.097.98$308,339
May 20221,53520,451109.378.43$340,347
Apr 20222,11721,060104.226.84$364,634
Mar 20221,50717,135108.885.08$251,066
Feb 20221,54616,02291.054.86$218,612
Jan 20221,97120,71881.844.54$255,318
Dec 20211,83522,31171.323.90$217,865
Nov 20212,15719,45177.435.24$268,878
Oct 20211,80318,87979.795.71$251,734
Sep 20211,25014,31169.865.35$163,902
Aug 20211,76518,76866.024.22$195,737
Jul 20211,75519,91970.783.98$203,538
Jun 20211,84920,55669.493.38$197,979
May 20211,80019,74363.483.02$173,842
Apr 20211,80220,60860.362.76$165,614
Mar 20212,32021,20261.302.72$199,821
Feb 20211,61715,77057.805.55$180,954
Jan 20212,35221,53150.412.81$179,072
Dec 20202,43022,48344.642.68$168,628
Nov 20202,06423,30638.772.71$143,101
Oct 20202,34124,58036.972.48$147,467
Sep 20202,22423,73137.091.99$129,738
Aug 20202,53226,04339.982.39$163,345
Jul 20201,83119,00938.371.83$104,949
Jun 20201,82718,31634.901.69$94,722
May 20201,84227,73916.921.81$81,506
Apr 20202,58426,40414.751.80$85,757
Mar 20202,43726,49030.341.86$123,110
Feb 20203,20626,51049.881.98$212,423
Jan 20202,88226,91157.252.09$221,366
Dec 20192,68130,27959.012.30$227,980
Nov 20193,18032,61855.302.75$265,576
Oct 20193,24125,12353.472.42$234,057
Sep 20192,94424,28655.052.66$226,602
Aug 20192,83425,03953.112.30$208,213
Jul 20192,76825,74256.272.46$219,082
Jun 20192,87629,81452.782.49$226,068
May 20193,16728,49758.482.74$263,297
Apr 20193,55936,57362.632.75$323,502
Mar 20193,93936,83556.803.06$336,528
Feb 20193,52135,35250.852.79$277,753
Jan 20194,36340,04846.033.23$330,111
Dec 20184,71938,27046.594.19$380,035
Nov 20184,30637,54652.934.24$387,008
Oct 20184,87640,45361.443.40$437,044
Sep 20184,38241,45259.543.11$389,737
Aug 20184,92346,55759.403.07$435,196
Jul 20184,89548,19565.142.93$460,162
Jun 20185,17743,37560.183.08$445,013
May 20185,87645,34665.382.90$515,713
Apr 20186,07346,38563.842.90$522,254
Mar 20185,55240,19961.222.79$451,922
Feb 20185,81736,50861.782.77$460,360
Jan 20186,29633,08162.874.01$528,462
Dec 20176,52041,60857.272.92$494,959
Nov 20176,80939,73455.423.12$501,260
Oct 20177,23443,19349.292.98$485,438
Sep 20176,54638,88647.523.09$431,118
Aug 20177,60438,73145.373.00$461,357
Jul 20177,13241,73443.873.09$441,725
Jun 20177,17139,10742.493.09$425,430
May 20177,60837,30545.373.26$466,916
Apr 20177,05637,22247.933.21$457,736
Mar 20177,12230,47546.772.98$424,024
Feb 20175,61421,07250.452.95$345,443
Jan 20175,30717,78349.413.42$323,015
Dec 20164,39210,96048.763.72$254,956
Nov 20163,4179,39042.492.64$170,019
Oct 20162,0454,01046.193.09$106,850
Sep 20164,1867,14941.553.10$196,095
Aug 20162,8124,98841.442.92$131,116
Jul 20163,72410,12441.622.92$184,599
Jun 20163,5498,95845.352.69$185,007
May 20161,9891,69142.521.99$87,939
Apr 20163,3607,16736.561.99$137,111
Mar 201664731933.011.79$21,930

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.

Apr 2026 — as filed, then multipliedworked
Oil                  821 bbl  × $ 98.93 =    $81,222
Casinghead gas    15,024 Mcf  × $  2.87 =    $43,115

────────────────────────────────────────────────────
Month total                                 $124,336

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/47546 is the state's own key, not one this site invented.