UNIVERSITY B20 12

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 48755District 08Field 71052900OilCasinghead gasSave
Value, all time
$39.4 M
Apr 2017 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
110
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition596,689 bbl$36,560,287
Casinghead gasProduction855,252 Mcf$2,873,230
Total$39,433,517

Wells on this lease (2)

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 31.7343, -103.2799. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.73435, -103.27992 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
12,397 ft
2 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.
2100.0%

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 12,182 and 12,612 ft, median 12,397 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2017 – Feb 2018
2 of 2 wells

2 wells

42-49533905W101BO12,182 ftFeb 2018
42-49533688W201AP12,612 ftApr 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 (110)

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

110 months

May 20263,5493,876106.413.05$389,455
Apr 20263,5064,38698.932.87$359,435
Mar 20263,3274,47289.753.15$312,683
Feb 202680410763.503.75$51,455
Jan 202688132559.138.00$54,693
Dec 20251,4272,18656.664.41$90,501
Nov 20252,4643,36658.593.93$157,582
Oct 20252,6423,71559.383.30$169,159
Sep 20253,3313,01162.743.08$218,252
Aug 20253,4702,08563.933.01$228,123
Jul 20253,1867,63366.743.32$237,939
Jun 20253,6095,72866.483.13$257,848
May 20252,8983,64760.553.23$187,262
Apr 20252,1804,34862.363.54$151,350
Mar 20252,3772,59367.704.27$171,991
Feb 20251,8342,41770.884.34$140,486
Jan 20252,4513,18974.324.28$195,803
Dec 20243,1516,98068.993.12$239,175
Nov 20242,4704,08169.052.20$179,525
Oct 20243,2756,19571.372.28$247,870
Sep 20243,6298,59169.612.36$272,927
Aug 20242,8855,26175.632.06$229,049
Jul 20243,4584,72979.932.15$286,549
Jun 20243,7378,53078.082.63$314,253
May 20242,8084,80878.812.20$231,869
Apr 20242,8235,20484.451.66$247,037
Mar 20243,4611,80580.301.55$280,707
Feb 20243,6741,80876.091.78$282,779
Jan 20243,4391,64173.023.30$256,527
Dec 20233,3711,41671.262.61$243,914
Nov 20233,4991,82977.892.81$277,672
Oct 20232,5861,02685.443.09$224,115
Sep 20231,6861,09589.042.74$153,116
Aug 20233,2313,67580.522.67$269,983
Jul 20233,3222,56174.852.64$255,417
Jun 20232,9192,46868.962.26$206,868
May 20234,0822,29570.622.23$293,383
Apr 20233,6602,79378.122.24$292,169
Mar 20233,6312,99972.852.39$271,695
Feb 20232,31781175.112.47$176,030
Jan 20234,2136,39776.533.39$344,092
Dec 20223,2756,92576.415.73$289,917
Nov 20224,2877,68985.005.65$407,809
Oct 20223,3218,11287.185.86$337,092
Sep 20223,3317,99084.888.16$347,963
Aug 20223,9689,15894.529.13$458,642
Jul 20223,6518,979101.587.54$438,589
Jun 20222,9862,187115.097.98$361,105
May 20224,0068,669109.378.43$511,242
Apr 20223,9818,187104.226.84$470,879
Mar 20223,7517,073108.885.08$444,314
Feb 20222,6976,10491.054.86$275,220
Jan 20223,4028,50181.844.54$316,995
Dec 20213,2956,37771.323.90$259,864
Nov 20213,16610,02177.435.24$297,622
Oct 20213,75210,71379.795.71$360,585
Sep 20213,3289,23469.865.35$281,904
Aug 20213,8658,26566.024.22$290,050
Jul 20214,97010,01170.783.98$391,641
Jun 20214,7244,18369.493.38$342,412
May 20214,2466,14563.483.02$288,080
Apr 20214,6067,00360.362.76$297,335
Mar 20213,7806,18761.302.72$248,524
Feb 20212,9643,20057.805.55$189,073
Jan 20214,8786,35150.412.81$263,748
Dec 20204,4388,05944.642.68$219,674
Nov 20204,9928,11738.772.71$215,509
Oct 20205,4359,07936.972.48$223,434
Sep 20205,9999,55637.091.99$241,529
Aug 20205,7736,90839.982.39$247,281
Jul 20205,2716,87238.371.83$214,790
Jun 20203,60083734.901.69$127,055
May 20202,5662,65316.921.81$48,231
Apr 20204,49211,36814.751.80$86,769
Mar 20205,68311,99030.341.86$194,678
Feb 20204,8794,93149.881.98$253,131
Jan 20205,13711,16457.252.09$317,479
Dec 20196,15111,96459.012.30$390,540
Nov 20196,15512,24855.302.75$374,062
Oct 20195,4869,25253.472.42$315,713
Sep 20196,78712,87355.052.66$407,832
Aug 20196,10512,31253.112.30$352,608
Jul 20198,38118,39556.272.46$516,852
Jun 20197,29119,38152.782.49$433,101
May 20198,42421,30958.482.74$551,029
Apr 20198,32921,13762.632.75$579,787
Mar 20198,40915,85556.803.06$526,181
Feb 20197,10210,09350.852.79$389,319
Jan 20197,23313,07846.033.23$375,153
Dec 20187,4768,32146.594.19$383,134
Nov 20189,42811,28452.934.24$546,837
Oct 20189,2506,91961.443.40$591,831
Sep 201811,85211,51659.543.11$741,460
Aug 201813,27417,53359.403.07$842,242
Jul 201815,03920,32065.142.93$1,039,216
Jun 201812,25112,49060.183.08$775,696
May 201813,08614,39665.382.90$897,323
Apr 201815,19817,89163.842.90$1,022,139
Mar 201822,08525,02361.222.79$1,421,779
Feb 201810,03211,08661.782.77$650,442
Jan 20187,0637,02362.874.01$472,208
Dec 20177,9947,83657.272.92$480,709
Nov 20178,6388,35855.423.12$504,781
Oct 201710,0769,28949.292.98$524,361
Sep 201712,02111,85347.523.09$607,831
Aug 201714,14816,84045.373.00$692,489
Jul 201712,86513,85743.873.09$607,168
Jun 201710,57011,53342.493.09$484,725
May 201714,02114,88645.373.26$684,712
Apr 20174,7114,22147.933.21$239,354

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                3,549 bbl  × $106.41 =   $377,649
Casinghead gas     3,876 Mcf  × $  3.05 =    $11,806

────────────────────────────────────────────────────
Month total                                 $389,455

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/48755 is the state's own key, not one this site invented.