UNIVERSITY B20 1W

Operated by MEWBOURNE OIL COMPANY (P-5 562560) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48485District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$18.3 M
Jan 2017 – May 2026
Value, last 12 filed months
$708 k
at the published price for each month
Months reported
113
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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
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 20 acres. The field rule took effect on 2017-08-01.

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: FOR THE FOLLOWING API 389-37515.

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
OilDisposition293,223 bbl$16,932,101
Casinghead gasProduction415,999 Mcf$1,398,013
Total$18,330,115

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 31.7592, -103.2959. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75922, -103.29593 · 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
12,752 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 12,752 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-49533746W201NC12,752 ftJan 2017

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 (113)

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

113 months

May 2026852841106.413.05$93,223
Apr 20267731,14798.932.87$79,764
Mar 20261,2441,36189.753.15$115,935
Feb 20265131,29063.503.75$37,413
Jan 2026094359.138.00$7,542
Dec 202529896856.664.41$21,157
Nov 202539292158.593.93$26,584
Oct 20254461,12059.383.30$30,185
Sep 20259151,81762.743.08$62,998
Aug 202597579163.933.01$64,716
Jul 20251,31665966.743.32$90,015
Jun 20251,14980066.483.13$78,889
May 20251,25598160.553.23$79,161
Apr 20258361,52662.363.54$57,540
Mar 20251,2821,84967.704.27$94,684
Feb 20257071,28370.884.34$55,681
Jan 20257551,35074.324.28$61,888
Dec 20241,2131,57868.993.12$88,610
Nov 20241,2581,80569.052.20$90,833
Oct 20249111,10571.372.28$67,539
Sep 20241,0431,63269.612.36$76,462
Aug 20249391,26875.632.06$73,633
Jul 20241,2871,21879.932.15$105,484
Jun 202497394978.082.63$78,471
May 20249661,78278.812.20$80,048
Apr 20248471,90584.451.66$74,690
Mar 20241,3221,71780.301.55$108,810
Feb 20241,2101,63876.091.78$94,991
Jan 20241,1571,96373.023.30$90,957
Dec 20231,3971,55171.262.61$103,599
Nov 20231,3141,91377.892.81$107,718
Oct 20239671,68985.443.09$87,835
Sep 202388368189.042.74$80,485
Aug 20231,2121,01680.522.67$100,306
Jul 20231,4701,07374.852.64$112,864
Jun 20231,4931,29968.962.26$105,891
May 20231,5291,83570.622.23$112,065
Apr 20231,2281,78978.122.24$99,935
Mar 20231,0961,75772.852.39$84,048
Feb 20239811,51775.112.47$77,423
Jan 20231,3151,08876.533.39$104,323
Dec 20221,6391,58476.415.73$134,311
Nov 20221,3701,75285.005.65$126,342
Oct 20221,0102,20887.185.86$100,999
Sep 20221,4583,75984.888.16$154,442
Aug 20221,2574,04994.529.13$155,768
Jul 20221,6103,696101.587.54$191,419
Jun 20221,3763,090115.097.98$183,013
May 20221,3404,503109.378.43$184,530
Apr 20221,4613,671104.226.84$177,366
Mar 20221,2514,419108.885.08$158,641
Feb 20221,1022,90591.054.86$114,452
Jan 20221,1272,71281.844.54$104,540
Dec 20211,5283,12671.323.90$121,166
Nov 20211,6592,15477.435.24$139,737
Oct 20219971,62779.795.71$88,847
Sep 20211,3822,02869.865.35$107,398
Aug 20211,3151,98866.024.22$95,207
Jul 20211,4211,63470.783.98$107,085
Jun 20211,5542,25869.493.38$115,621
May 20211,1873,24163.483.02$85,131
Apr 20211,5153,34260.362.76$100,664
Mar 20211,8972,85161.302.72$124,032
Feb 20211,0112,07757.805.55$69,959
Jan 20211,5702,72650.412.81$86,805
Dec 20201,3923,00344.642.68$70,173
Nov 20201,8492,63738.772.71$78,823
Oct 20201,4462,85536.972.48$60,535
Sep 20201,7412,79337.091.99$70,135
Aug 20201,8792,76639.982.39$81,720
Jul 20201,7312,83538.371.83$71,593
Jun 20201,8073,69134.901.69$69,303
May 20207414,22516.921.81$20,205
Apr 20201,1641,77814.751.80$20,377
Mar 20202,7013,01830.341.86$87,550
Feb 20201,8762,68449.881.98$98,891
Jan 20202,9652,97157.252.09$175,970
Dec 20192,7953,17059.012.30$172,238
Nov 20192,5852,86855.302.75$150,840
Oct 20192,6123,14953.472.42$147,280
Sep 20192,8633,37355.052.66$166,571
Aug 20193,0894,69853.112.30$174,883
Jul 20193,4714,32956.272.46$205,963
Jun 20192,9914,10652.782.49$168,094
May 20193,3644,08858.482.74$207,929
Apr 20193,0223,95362.632.75$200,141
Mar 20192,7674,13656.803.06$169,830
Feb 20192,9974,42950.852.79$164,764
Jan 20192,7364,81346.033.23$141,475
Dec 20183,0745,46546.594.19$166,091
Nov 20184,0204,39052.934.24$231,380
Oct 20183,8043,94661.443.40$247,127
Sep 20183,7983,39659.543.11$236,688
Aug 20184,0975,37259.403.07$259,835
Jul 20183,7746,24365.142.93$264,142
Jun 20183,8806,47460.183.08$253,418
May 20184,3336,98265.382.90$303,545
Apr 20185,6167,58063.842.90$380,514
Mar 20184,7544,67761.222.79$304,074
Feb 20184,8056,00161.782.77$313,452
Jan 20185,2286,35962.874.01$354,180
Dec 20176,8904,30457.272.92$407,165
Nov 20176,1607,80055.423.12$365,710
Oct 20177,82111,63049.292.98$420,197
Sep 201710,13614,20347.523.09$525,511
Aug 20177,43011,01645.373.00$370,196
Jul 201710,58117,70243.873.09$518,840
Jun 20178,33013,95442.493.09$397,022
May 201710,21414,15245.373.26$509,593
Apr 201712,89915,59447.933.21$668,331
Mar 201715,93816,60046.772.98$794,949
Feb 201712,90115,15450.452.95$695,599
Jan 20171,4001,82249.413.42$75,403

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                  852 bbl  × $106.41 =    $90,661
Casinghead gas       841 Mcf  × $  3.05 =     $2,562

────────────────────────────────────────────────────
Month total                                  $93,223

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/48485 is the state's own key, not one this site invented.