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UNIVERSITY 9-28 WEST 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 48305District 08Field 28899166Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$35.0 M
Nov 2016 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
115
no gaps in the span
Streams
2
oil, casinghead gas

The EMMA (DEVONIAN) field

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
OilDisposition526,612 bbl$31,284,593
Casinghead gasProduction1,062,410 Mcf$3,695,217
Total$34,979,810

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 32.1421, -102.5891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14211, -102.58909 · 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
10,922 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 10,922 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-003473642H10,922 ftNov 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 (115)

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

115 months

May 202600106.413.05$0
Apr 20261,8278,88398.932.87$206,237
Mar 20261,8407,97089.753.15$190,241
Feb 20261,7368,23363.503.75$141,112
Jan 20261,8527,25659.138.00$167,542
Dec 20252,0107,38156.664.41$146,462
Nov 20251,6136,62658.593.93$120,522
Oct 20252,0507,65759.383.30$147,034
Sep 20251,8368,97462.743.08$142,803
Aug 20251,7796,94863.933.01$134,678
Jul 20251,5537,38766.743.32$128,137
Jun 20251,5486,40166.483.13$122,938
May 20251,5729,59260.553.23$126,189
Apr 20251,3138,54362.363.54$112,148
Mar 20251,0485,45167.704.27$94,216
Feb 20254932,18670.884.34$44,433
Jan 20251,7878,38074.324.28$168,665
Dec 20241,8837,83968.993.12$154,377
Nov 20241,9527,52269.052.20$151,322
Oct 20242,0847,01971.372.28$164,748
Sep 20241,8707,19569.612.36$147,182
Aug 20242,3258,48375.632.06$193,346
Jul 20242,06010,93879.932.15$188,135
Jun 20241,8887,82478.082.63$168,023
May 20242,3139,40778.812.20$202,968
Apr 20241,9558,02984.451.66$178,421
Mar 20242,3159,32480.301.55$200,301
Feb 20242,4859,04276.091.78$205,211
Jan 20243,1479,99273.023.30$262,744
Dec 20232,6219,64171.262.61$211,942
Nov 20232,8639,63677.892.81$250,053
Oct 20233,12510,14285.443.09$298,311
Sep 20232,7399,37589.042.74$269,522
Aug 20233,0559,45580.522.67$271,261
Jul 20231,8685,04174.852.64$153,137
Jun 20231,9565,92268.962.26$148,260
May 20232,3988,06670.622.23$187,313
Apr 20232,6047,97778.122.24$221,275
Mar 20232,3728,44572.852.39$193,010
Feb 20232,8177,85375.112.47$230,948
Jan 20233,0728,86676.533.39$265,136
Dec 20223,0998,89276.415.73$287,738
Nov 20222,8578,76885.005.65$292,351
Oct 20223,3629,95687.185.86$351,479
Sep 20223,1728,25484.888.16$336,622
Aug 20223,44810,14894.529.13$418,527
Jul 20223,8089,905101.587.54$461,521
Jun 20223,6359,706115.097.98$495,779
May 20223,36410,962109.378.43$460,364
Apr 20223,70610,386104.226.84$457,255
Mar 20223,77010,665108.885.08$464,617
Feb 20223,46910,28491.054.86$365,821
Jan 20223,8309,90781.844.54$358,402
Dec 20213,86210,08071.323.90$314,741
Nov 20213,8319,85777.435.24$348,254
Oct 20214,19810,61879.795.71$395,628
Sep 20213,8959,73469.865.35$324,191
Aug 20214,39010,88066.024.22$335,748
Jul 20214,54210,82270.783.98$364,577
Jun 20214,41911,37569.493.38$345,531
May 20214,77310,69763.483.02$335,270
Apr 20214,9629,24560.362.76$325,008
Mar 20214,9058,48061.302.72$323,716
Feb 20213,5636,66257.805.55$242,902
Jan 20214,3627,16550.412.81$240,024
Dec 20203,8477,59044.642.68$192,037
Nov 20204,0568,10238.772.71$179,180
Oct 20205,02010,73536.972.48$212,195
Sep 20205,17711,73137.091.99$215,372
Aug 20204,7639,35739.982.39$212,742
Jul 20204,5829,12138.371.83$192,458
Jun 20204,8077,97334.901.69$181,241
May 20204,7098,63516.921.81$95,347
Apr 20204,8127,58814.751.80$84,669
Mar 20204,3027,54830.341.86$144,534
Feb 20204,2535,63149.881.98$223,293
Jan 20203,9664,81157.252.09$237,131
Dec 20193,4354,54059.012.30$213,161
Nov 20193,1443,65755.302.75$183,923
Oct 20199401,02953.472.42$52,750
Sep 201947592455.052.66$28,604
Aug 20191,5601,34753.112.30$85,956
Jul 20199211,16156.272.46$54,681
Jun 20192,2913,36352.782.49$129,297
May 20196,3788,12058.482.74$395,237
Apr 201935438662.632.75$23,233
Mar 20196,7669,75256.803.06$414,170
Feb 20196,93410,98950.852.79$383,278
Jan 20198,02311,93346.033.23$407,821
Dec 20188,36713,22946.594.19$445,188
Nov 20188,61013,44952.934.24$512,714
Oct 20188,54113,81961.443.40$571,717
Sep 20188,68814,03859.543.11$560,914
Aug 20189,21313,10459.403.07$587,436
Jul 20188,32413,59365.142.93$582,078
Jun 20189,10811,82660.183.08$584,507
May 20189,23013,61365.382.90$642,946
Apr 201810,09513,96163.842.90$684,963
Mar 20189,38914,05861.222.79$613,972
Feb 20189,47212,34361.782.77$619,322
Jan 201810,43613,70362.874.01$711,051
Dec 201710,04714,63657.272.92$618,151
Nov 201711,05013,61355.423.12$654,841
Oct 20179,0119,83649.292.98$473,500
Sep 201711,91316,01447.523.09$615,545
Aug 201712,63517,19945.373.00$624,923
Jul 201712,39016,61243.873.09$594,835
Jun 201711,28314,60542.493.09$524,504
May 201712,86415,42845.373.26$633,987
Apr 201711,53515,23647.933.21$601,804
Mar 201712,00214,21846.772.98$603,756
Feb 201710,07413,12550.452.95$546,986
Jan 201710,10613,59049.413.42$545,799
Dec 20167,61912,21548.763.72$416,977
Nov 20162,2494,97542.492.64$108,716

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                1,827 bbl  × $ 98.93 =   $180,745
Casinghead gas     8,883 Mcf  × $  2.87 =    $25,492

────────────────────────────────────────────────────
Month total                                 $206,237

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/48305 is the state's own key, not one this site invented.