UNIVERSITY -D-

Operated by CITATION OIL & GAS CORP. (P-5 154235) in the PENWELL (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4862District 08Field 70537066Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$4.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$106 k
at the published price for each month
Months reported
401
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 24 leases and 50 wells, and the rule below applies to all of them.

Discovered
1953-01-31
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1991-06-01.

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: EFFECTIVE APRIL 11, 1994.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition104,370 bbl$4,304,913
Casinghead gasProduction107,797 Mcf$344,976
Total$4,649,890

25,446 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (5)

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 31.6679, -102.5796. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.66763, -102.57951 · 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
40.0%
2 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
5,280 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
240.0%
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.
360.0%

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

Between 5,274 and 5,810 ft, median 5,280 ft, over the 5 wells that filed a depth.

Completions filed
Apr 1989 – Jun 2012
5 of 5 wells

5 wells

42-13505130145,280 ftJun 2012
42-13535580175,810 ftDec 2006Yes
42-13505127115,278 ftSep 2000Yes
42-13505128125,274 ftJun 1991
42-13505132165,287 ftApr 1989

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 (401)

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

401 months

May 202611172106.413.05$12,031
Apr 20261175798.932.87$11,738
Mar 20261265689.753.15$11,485
Feb 20261324463.503.75$8,547
Jan 20261305059.138.00$8,087
Dec 20251206456.664.41$7,082
Nov 20251395958.593.93$8,376
Oct 202511610259.383.30$7,225
Sep 20251139162.743.08$7,370
Aug 20251149363.933.01$7,568
Jul 20251159466.743.32$7,987
Jun 20251248966.483.13$8,522
May 20251149360.553.23$7,203
Apr 2025998262.363.54$6,464
Mar 20251067867.704.27$7,509
Feb 20251438070.884.34$10,483
Jan 2025435974.324.28$3,448
Dec 20241065368.993.12$7,478
Nov 2024517169.052.20$3,678
Oct 20241177071.372.28$8,510
Sep 20241067069.612.36$7,544
Aug 20241076975.632.06$8,235
Jul 202411434779.932.15$9,857
Jun 20241206478.082.63$9,538
May 2024737578.812.20$5,918
Apr 20241407584.451.66$11,947
Mar 20241308180.301.55$10,564
Feb 20241527576.091.78$11,699
Jan 20241517773.023.30$11,280
Dec 202312010671.262.61$8,828
Nov 20231199077.892.81$9,522
Oct 20231649785.443.09$14,312
Sep 20231067189.042.74$9,632
Aug 202311111980.522.67$9,256
Jul 202322611774.852.64$17,225
Jun 20231039368.962.26$7,313
May 202320610170.622.23$14,773
Apr 20231029278.122.24$8,174
Mar 20231017672.852.39$7,540
Feb 20231973975.112.47$14,893
Jan 20231026476.533.39$8,023
Dec 20221007276.415.73$8,053
Nov 20222006685.005.65$17,373
Oct 2022985487.185.86$8,860
Sep 20221922984.888.16$16,534
Aug 20221891794.529.13$18,019
Jul 202214734101.587.54$15,189
Jun 2022160109115.097.98$19,284
May 2022167161109.378.43$19,623
Apr 2022114130104.226.84$12,770
Mar 202215888108.885.08$17,650
Feb 2022563991.054.86$5,288
Jan 20221662281.844.54$13,685
Dec 20212352371.323.90$16,850
Nov 20211031477.435.24$8,049
Oct 20211854579.795.71$15,018
Sep 20217410469.865.35$5,726
Aug 202114011066.024.22$9,707
Jul 202120511570.783.98$14,968
Jun 202126917069.493.38$19,268
May 202120712363.483.02$13,512
Apr 20212119760.362.76$13,004
Mar 202127010761.302.72$16,842
Feb 202114413857.805.55$9,089
Jan 202128718450.412.81$14,985
Dec 202027917044.642.68$12,909
Nov 202014920438.772.71$6,329
Oct 202030325436.972.48$11,831
Sep 202029121637.091.99$11,223
Aug 202021418739.982.39$9,002
Jul 20209613738.371.83$3,934
Jun 202028510634.901.69$10,126
May 20204810716.921.81$1,006
Apr 20201989914.751.80$3,099
Mar 202019410530.341.86$6,081
Feb 202016210649.881.98$8,291
Jan 202015710057.252.09$9,198
Dec 201916713959.012.30$10,175
Nov 20199513555.302.75$5,625
Oct 201919221153.472.42$10,777
Sep 201919715555.052.66$11,257
Aug 201931821753.112.30$17,389
Jul 201927414456.272.46$15,772
Jun 201914513752.782.49$7,994
May 201914914258.482.74$9,103
Apr 2019796562.632.75$5,127
Mar 20192397056.803.06$13,790
Feb 20191075050.852.79$5,581
Jan 20191144546.033.23$5,393
Dec 20182026346.594.19$9,675
Nov 201810213952.934.24$5,988
Oct 201822817861.443.40$14,613
Sep 201812513759.543.11$7,868
Aug 201823720459.403.07$14,703
Jul 20189117965.142.93$6,453
Jun 20188515860.183.08$5,601
May 201820420165.382.90$13,921
Apr 20189917063.842.90$6,813
Mar 201819420161.222.79$12,437
Feb 201817320361.782.77$11,249
Jan 20189718862.874.01$6,852
Dec 2017016657.272.92$485
Nov 201717910955.423.12$10,260
Oct 20171079949.292.98$5,569
Sep 20179511447.523.09$4,866
Aug 201718214645.373.00$8,696
Jul 201720815943.873.09$9,616
Jun 201722918542.493.09$10,301
May 201714313145.373.26$6,915
Apr 201717816847.933.21$9,071
Mar 201725018046.772.98$12,230
Feb 201713513050.452.95$7,195
Jan 20174714349.413.42$2,811
Dec 201616714948.763.72$8,698
Nov 201612714442.492.64$5,777
Oct 201612215046.193.09$6,099
Sep 201612714841.553.10$5,736
Aug 201612718141.442.92$5,792
Jul 201611720541.622.92$5,469
Jun 201612722445.352.69$6,361
May 201617328242.521.99$7,917
Apr 2016906736.561.99$3,424
Mar 20169612033.011.79$3,384
Feb 20169316026.472.06$2,792
Jan 20168714627.352.36$2,725
Dec 201512819032.362.00$4,522
Nov 20157217938.792.17$3,181
Oct 20151246643.552.43$5,560
Sep 201510019142.992.76$4,826
Aug 201511516540.162.87$5,092
Jul 201510724448.152.95$5,871
Jun 20158121956.152.88$5,180
May 201513520455.212.96$8,056
Apr 20157521549.822.71$4,318
Mar 201512917942.892.93$6,058
Feb 20158314544.662.98$4,138
Jan 20151065843.433.10$4,783
Dec 20145316354.693.59$3,484
Nov 20141571970.464.25$11,143
Oct 20146929078.303.90$6,534
Sep 201419221986.164.05$17,429
Aug 201414523689.394.04$13,914
Jul 201414925196.564.18$15,437
Jun 201421726198.164.74$22,537
May 201414525494.734.73$14,936
Apr 201414216995.944.81$14,436
Mar 201414524695.895.06$15,148
Feb 201418231897.406.19$19,696
Jan 201416030790.404.86$15,956
Dec 201322932391.824.35$22,433
Nov 201314927388.853.74$14,259
Oct 201314438997.423.78$15,499
Sep 2013217273104.113.72$23,607
Aug 2013147383104.253.52$16,674
Jul 2013179443102.523.72$19,998
Jun 201315942294.403.93$16,670
May 201316743994.834.15$17,658
Apr 201317233393.964.28$17,587
Mar 201316340993.623.91$16,860
Feb 201319141591.233.42$18,844
Jan 201323338691.603.42$22,663
Dec 201226738686.773.42$24,488
Nov 201228341086.953.62$26,093
Oct 201225139589.383.40$23,777
Sep 201219845794.672.92$20,078
Aug 201226848592.662.91$26,243
Jul 201216640485.133.02$15,352
Jun 201221221079.822.52$17,451
May 201223731191.612.49$22,485
Apr 2012221422101.652.00$23,307
Mar 2012265411105.052.22$28,752
Feb 2012209394101.102.57$22,143
Jan 201225642498.092.73$26,270
Dec 201121544196.873.24$22,256
Nov 201123442795.723.31$23,812
Oct 201121340284.983.65$19,567
Sep 201122343283.623.99$20,369
Aug 201122649283.404.15$20,890
Jul 201114046194.144.52$15,262
Jun 201112533992.904.64$13,185
May 201113934598.134.40$15,160
Apr 2011139306105.964.33$16,054
Mar 201111329496.364.06$12,082
Feb 201112525885.644.18$11,783
Jan 201114927686.504.59$14,155
Dec 201013426185.734.35$12,623
Nov 201014025580.843.80$12,285
Oct 201015727378.103.51$13,220
Sep 201018124072.633.98$14,101
Aug 201017524373.684.42$13,968
Jul 201020524072.554.74$16,010
Jun 201018924970.364.91$14,521
May 201022924071.124.24$17,303
Apr 201021227381.694.12$18,444
Mar 201021827978.394.39$18,313
Feb 201018425573.585.44$14,927
Jan 201017328274.365.96$14,546
Dec 200922326171.445.48$17,362
Nov 200924925574.593.75$19,530
Oct 200924419272.544.11$18,489
Sep 200922127665.543.06$15,330
Aug 200918928267.423.22$13,650
Jul 200916630361.133.46$11,197
Jun 200917532466.163.90$12,840
May 200918330354.743.93$11,207
Apr 200921329746.773.59$11,028
Mar 200916417442.144.06$7,617
Feb 200918518932.814.63$6,945
Jan 200921930335.865.37$9,481
Dec 200826626737.105.98$11,465
Nov 200823824855.496.86$14,908
Oct 200821128575.246.92$17,848
Sep 2008223261101.767.88$24,748
Aug 2008243275114.228.48$30,088
Jul 2008235271131.0811.39$33,890
Jun 2008232274131.3313.03$34,040
May 2008231272123.1711.57$31,600
Apr 2008234257110.3110.45$28,499
Mar 2008242216101.909.66$26,747
Feb 200823720592.538.77$23,728
Jan 200823619190.388.21$22,897
Dec 200720415588.337.30$19,151
Nov 200720918291.677.29$20,486
Oct 200720821082.856.92$18,686
Sep 200719820775.846.24$16,309
Aug 200725728869.066.39$19,588
Jul 200733333670.906.39$25,756
Jun 200722330162.007.55$16,098
May 200725130558.747.85$17,137
Apr 200726629459.617.81$18,151
Mar 200729235156.927.30$19,184
Feb 200727822955.108.22$17,199
Jan 200723019850.306.73$12,901
Dec 200626218456.656.92$16,115
Nov 200626615854.207.62$15,621
Oct 200625419654.906.01$15,123
Sep 200624423660.085.04$15,848
Aug 200626926668.717.34$20,435
Jul 200625927969.376.34$19,736
Jun 200624929166.286.38$18,361
May 200623715966.016.42$16,666
Apr 200620415364.397.36$14,262
Mar 200622213756.707.08$13,558
Feb 200618310857.597.75$11,376
Jan 200623413060.598.93$15,339
Dec 200522716254.9413.42$14,645
Nov 200520722354.6910.59$13,682
Oct 200521620758.3413.80$15,457
Sep 200524836061.4512.08$19,588
Aug 200531125661.519.80$21,638
Jul 200526323555.697.84$16,490
Jun 200527822252.337.38$16,186
May 200528525045.226.65$14,550
Apr 200528522449.207.36$15,671
Mar 200525024950.377.15$14,374
Feb 200522623745.226.31$11,716
Jan 200520322743.166.32$10,197
Dec 200418822839.866.75$9,033
Nov 200420323345.286.33$10,667
Oct 200424024949.706.52$13,550
Sep 200418726743.245.28$9,497
Aug 200425529742.375.55$12,453
Jul 200421025638.286.08$9,596
Jun 200424227936.106.43$10,531
May 200420330137.486.49$9,563
Apr 200424427134.475.86$9,998
Mar 200423626834.365.53$9,591
Feb 200428426032.455.51$10,648
Jan 200428526432.036.30$10,792
Dec 200327326430.266.30$9,925
Nov 200326225428.804.60$8,713
Oct 200322227628.174.76$7,567
Sep 200321927326.314.75$7,058
Aug 200322730429.765.13$8,315
Jul 200324430129.415.17$8,732
Jun 200321031628.565.98$7,888
May 200324331926.595.97$8,367
Apr 200328028926.675.41$9,030
Mar 200327529231.146.10$10,344
Feb 200323724933.487.93$9,908
Jan 200330427630.315.58$10,755
Dec 200223327026.914.85$7,581
Nov 200227027624.664.14$7,800
Oct 200231030226.464.23$9,480
Sep 200226030727.443.64$8,250
Aug 200226027125.963.16$7,607
Jul 200231432024.583.06$8,698
Jun 200222831623.733.34$6,465
May 200226933124.663.58$7,820
Apr 200225032023.653.51$7,036
Mar 200225729922.003.10$6,582
Feb 200225026918.222.38$5,194
Jan 200235730117.172.38$6,845
Dec 200134629616.932.36$6,558
Nov 200127428318.072.41$5,632
Oct 200135530219.782.53$7,786
Sep 200128729024.262.25$7,616
Aug 200136228624.873.05$9,876
Jul 200129332623.933.20$8,054
Jun 200131332024.563.82$8,911
May 200132032025.524.31$9,545
Apr 200141630424.685.34$11,889
Mar 200131430824.545.38$9,362
Feb 200125724327.755.77$8,533
Jan 200128827427.478.40$10,213
Dec 200035229426.889.12$12,144
Nov 200027629032.215.66$10,531
Oct 200032830331.235.15$11,803
Sep 200037731431.875.19$13,644
Aug 200034836529.644.54$11,972
Jul 200035936428.534.09$11,731
Jun 200032136129.304.40$10,993
May 200036838327.263.68$11,441
Apr 200036636324.513.12$10,102
Mar 200035039628.422.86$11,079
Feb 200036430727.622.73$10,891
Jan 200038847925.272.48$10,993
Dec 199936832624.282.42$9,725
Nov 199938034523.192.43$9,652
Oct 199931134520.982.80$7,492
Sep 199937235021.752.62$9,008
Aug 199941039719.262.88$9,038
Jul 199946641617.892.37$9,324
Jun 199940739115.942.36$7,411
May 199940042415.792.32$7,300
Apr 199940143615.102.21$7,018
Mar 199939337712.471.84$5,594
Feb 19993993419.981.82$4,602
Jan 199945034010.381.90$5,317
Dec 19984043349.201.77$4,309
Nov 199837033610.892.19$4,764
Oct 199843043112.421.97$6,189
Sep 199835941812.592.08$5,390
Aug 199843042011.301.91$5,660
Jul 199847043911.742.24$6,500
Jun 199838042511.242.24$5,222
May 199839442512.622.21$5,910
Apr 199842343113.042.51$6,596
Mar 199856143212.802.31$8,178
Feb 199838540413.952.30$6,300
Jan 199850244914.702.15$8,347
Dec 199762238516.322.41$11,079
Nov 199742033618.193.09$8,677
Oct 199747139419.253.15$10,308
Sep 199746441517.742.95$9,458
Aug 199743148217.862.55$8,929
Jul 199752340017.582.25$10,093
Jun 199750136417.242.26$9,459
May 199750137018.972.31$10,358
Apr 199743936217.882.08$8,603
Mar 199743236818.951.94$8,900
Feb 199738829020.492.21$8,590
Jan 199747034623.483.54$12,260
Dec 199640637223.32$9,468
Nov 199646940321.97$10,304
Oct 199646241023.31$10,769
Sep 199641939422.22$9,310
Aug 199648443720.26$9,806
Jul 199640744319.55$7,957
Jun 199648239018.73$9,028
May 199651644219.43$10,026
Apr 199647445021.51$10,196
Mar 199654755719.38$10,601
Feb 199647346616.98$8,032
Jan 199654447017.07$9,286
Dec 199558848117.19$10,108
Nov 199551752416.00$8,272
Oct 199551448015.43$7,931
Sep 199548654716.18$7,863
Aug 199547455115.92$7,546
Jul 199551845315.24$7,894
Jun 199546738216.41$7,663
May 199553042417.56$9,307
Apr 199543544617.73$7,713
Mar 199546546916.44$7,645
Feb 199546244016.58$7,660
Jan 199566158415.92$10,523
Dec 199452958115.03$7,951
Nov 199454851215.90$8,713
Oct 199463559115.58$9,893
Sep 199459754515.29$9,128
Aug 199452059516.13$8,388
Jul 199457761317.56$10,132
Jun 199448861317.09$8,340
May 199469057415.88$10,957
Apr 199467964014.14$9,601
Mar 199462263412.46$7,750
Feb 199459355012.50$7,413
Jan 199479155912.66$10,014
Dec 199360258012.33$7,423
Nov 199358656414.49$8,491
Oct 199364458215.85$10,207
Sep 199361865315.03$9,289
Aug 199364067715.66$10,022
Jul 199363272215.46$9,771
Jun 199364369716.79$10,796
May 199368364717.68$12,075
Apr 199372860918.05$13,140
Mar 199373660418.14$13,351
Feb 199366151917.90$11,832
Jan 199366857016.93$11,309

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                  111 bbl  × $106.41 =    $11,812
Casinghead gas        72 Mcf  × $  3.05 =       $219

────────────────────────────────────────────────────
Month total                                  $12,031

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/4862 is the state's own key, not one this site invented.