UNIVBAILEY

Operated by SEVEN LOAVES ENERGY LLC (P-5 103765) in the UNIVERSITY 31 WEST (U. DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49273District 08Field 92505500OilCasinghead gasSaveExport
Value, all time
$9.8 M
Dec 2017 – May 2026
Value, last 12 filed months
$489 k
at the published price for each month
Months reported
102
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 38 leases and 104 wells, and the rule below applies to all of them.

Discovered
2011-10-27
as the register files it
Field class
Oil
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 2016-01-12.

The Commission's schedule remark for this field reads: TO RULE 51 (A) , 10 DAY RULE.STACKED LATERAL RULES ADOPTED.

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
OilDisposition87,715 bbl$5,426,789
Casinghead gasProduction1,322,232 Mcf$4,356,740
Total$9,783,529

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 31.4992, -102.4004. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49917, -102.40038 · 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
9,900 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 9,900 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-1033653620029,900 ftDec 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 (102)

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

102 months

May 202600106.413.05$0
Apr 202631098.932.87$3,067
Mar 20260089.753.15$0
Feb 20262596,94263.503.75$42,481
Jan 20262987,76559.138.00$79,725
Dec 20253697,95056.664.41$55,994
Nov 20252609,87358.593.93$53,999
Oct 202529710,41259.383.30$52,046
Sep 20253369,98362.743.08$51,798
Aug 202518710,26963.933.01$42,913
Jul 202525610,90966.743.32$53,251
Jun 202529710,88966.483.13$53,813
May 202526311,07160.553.23$51,710
Apr 202529010,69962.363.54$55,992
Mar 202532811,29067.704.27$70,395
Feb 20252689,37470.884.34$59,687
Jan 202534011,17374.324.28$73,074
Dec 202433711,13268.993.12$57,997
Nov 202441211,65669.052.20$54,074
Oct 202433610,30171.372.28$47,481
Sep 20241509,17469.612.36$32,132
Aug 20241908,71275.632.06$32,348
Jul 202429910,39879.932.15$46,219
Jun 202422410,45378.082.63$45,023
May 202425611,19578.812.20$44,787
Apr 202426410,76584.451.66$40,156
Mar 202433511,34280.301.55$44,425
Feb 202421210,25176.091.78$34,415
Jan 202434510,63073.023.30$60,246
Dec 202333910,76971.262.61$52,272
Nov 202325210,75277.892.81$49,815
Oct 202332310,67585.443.09$60,554
Sep 202324910,07089.042.74$49,713
Aug 202345411,46780.522.67$67,206
Jul 202329111,29374.852.64$51,615
Jun 202337910,81068.962.26$50,550
May 202340511,36370.622.23$53,911
Apr 202344810,69878.122.24$58,937
Mar 20234228,55472.852.39$51,214
Feb 20231656,81475.112.47$29,194
Jan 20235417,68176.533.39$67,424
Dec 20225238,40776.415.73$88,127
Nov 20224146,61285.005.65$72,523
Oct 20224388,45087.185.86$87,734
Sep 20223728,96884.888.16$104,787
Aug 20225179,41094.529.13$134,753
Jul 20223738,232101.587.54$99,976
Jun 20221908,389115.097.98$88,788
May 20226228,652109.378.43$140,991
Apr 20224847,800104.226.84$103,776
Mar 20221,0409,014108.885.08$158,994
Feb 20229538,25691.054.86$126,885
Jan 20228217,94381.844.54$103,233
Dec 20211477,83771.323.90$41,041
Nov 20211517,12777.435.24$49,015
Oct 2021167,67079.795.71$45,102
Sep 202107,89069.865.35$42,219
Aug 2021538,38066.024.22$38,868
Jul 2021176,89570.783.98$28,660
Jun 20211418,23269.493.38$37,627
May 202140918,55363.483.02$81,950
Apr 202141718,49760.362.76$76,193
Mar 202154119,37761.302.72$85,809
Feb 202134119,84057.805.55$129,781
Jan 202163122,35350.412.81$94,627
Dec 202060723,57844.642.68$90,178
Nov 202066823,16638.772.71$88,599
Oct 20201,06223,68136.972.48$97,954
Sep 20201,24413,51137.091.99$73,041
Aug 20205147,18039.982.39$37,675
Jul 20200038.371.83$0
Jun 2020042134.901.69$712
May 2020139016.921.81$2,352
Apr 20201,3633,95614.751.80$27,242
Mar 20202,0164,28130.341.86$69,112
Feb 2020103049.881.98$5,138
Jan 20202013257.252.09$1,422
Dec 20191853,43959.012.30$18,842
Nov 201956920,95355.302.75$89,101
Oct 201971923,42653.472.42$95,102
Sep 201973725,58755.052.66$108,564
Aug 201980326,61253.112.30$103,971
Jul 201975829,95156.272.46$116,334
Jun 20191,06131,47152.782.49$134,400
May 20191,30027,36558.482.74$151,013
Apr 20191,58225,02862.632.75$167,925
Mar 20191,64322,48356.803.06$162,168
Feb 201995915,01250.852.79$90,682
Jan 20195405,64846.033.23$43,089
Dec 201870210,32846.594.19$75,933
Nov 20181,35718,96652.934.24$152,190
Oct 20181,68317,45661.443.40$162,720
Sep 20181,89616,69759.543.11$164,782
Aug 20181,97820,33959.403.07$179,864
Jul 20181,35823,82265.142.93$158,303
Jun 20182,18833,29060.183.08$234,105
May 20183,44133,64965.382.90$322,582
Apr 20183,67028,85263.842.90$317,987
Mar 20184,65031,88461.222.79$373,529
Feb 20185,56140,64661.782.77$455,990
Jan 201812,10140,72262.874.01$924,057
Dec 20177,22010,36257.272.92$443,762

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                   31 bbl  × $ 98.93 =     $3,067
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $3,067

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/49273 is the state's own key, not one this site invented.