UNIVERSITY UE B

Operated by MAVERICK PERMIAN LLC (P-5 100319) in the ANDECTOR (WICHITA ALBANY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50603District 08Field 02596820Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.3 M
May 2018 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
97
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 30 leases and 62 wells, and the rule below applies to all of them.

Discovered
1986-04-25
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 80 acres. The field rule took effect on 2016-12-06.

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: SEE ATTACHMENT A & B

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
OilDisposition104,123 bbl$6,609,891
Casinghead gasProduction218,875 Mcf$697,226
Total$7,307,118

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 32.1248, -102.7454. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12477, -102.74543 · 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
7,416 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 7,416 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-003476632402HL7,416 ftMay 2018

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 (97)

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

97 months

May 20261,2514,956106.413.05$148,214
Apr 20261,3654,79698.932.87$148,803
Mar 20269404,95689.753.15$99,974
Feb 20269744,25063.503.75$77,788
Jan 20261,0764,57659.138.00$100,222
Dec 20251,1434,91256.664.41$86,441
Nov 20251,1674,67558.593.93$86,731
Oct 20251,1544,89259.383.30$84,692
Sep 20251,2384,79662.743.08$92,429
Aug 20251,6004,95663.933.01$117,229
Jul 20251,2114,95666.743.32$97,252
Jun 20251,2944,98766.483.13$101,628
May 20251,9964,78260.553.23$136,315
Apr 20251,6063,78362.363.54$113,554
Mar 20251,2874,22667.704.27$105,168
Feb 20256291,12270.884.34$49,454
Jan 20251,1932,41374.324.28$98,988
Dec 20241,9535,36668.993.12$151,487
Nov 20241,3964,12769.052.20$105,467
Oct 20241,7634,35171.372.28$135,752
Sep 20241,2993,15169.612.36$97,873
Aug 20241,3353,09375.632.06$107,349
Jul 20241,7103,73579.932.15$144,698
Jun 20249633,05978.082.63$83,248
May 202443025078.812.20$34,438
Apr 20241,04852684.451.66$89,376
Mar 202477556380.301.55$63,102
Feb 202486745876.091.78$66,787
Jan 202479938973.023.30$59,626
Dec 202361934471.262.61$45,008
Nov 20239131,56677.892.81$75,510
Oct 20239412,73585.443.09$88,843
Sep 20238991,59089.042.74$84,396
Aug 20237621,66280.522.67$65,799
Jul 202323152074.852.64$18,664
Jun 202316736868.962.26$12,347
May 20237261,10770.622.23$53,736
Apr 20231,00874978.122.24$80,421
Mar 202394587872.852.39$70,944
Feb 202359145075.112.47$45,500
Jan 202386392076.533.39$69,162
Dec 20225681,06376.415.73$49,491
Nov 20221,2874,41685.005.65$134,329
Oct 20220087.185.86$0
Sep 20223602684.888.16$30,769
Aug 2022843094.529.13$79,680
Jul 20225070101.587.54$51,501
Jun 20225540115.097.98$63,760
May 2022483896109.378.43$60,382
Apr 2022497719104.226.84$56,714
Mar 2022573773108.885.08$66,312
Feb 202248574491.054.86$47,774
Jan 202244465181.844.54$39,291
Dec 202163781271.323.90$48,597
Nov 202135791177.435.24$32,413
Oct 202130797779.795.71$30,078
Sep 202115477869.865.35$14,921
Aug 202126679366.024.22$20,908
Jul 20219837770.783.98$8,438
Jun 202114488469.493.38$12,995
May 202121646763.483.02$15,121
Apr 20218141,32060.362.76$52,774
Mar 202132896261.302.72$22,720
Feb 202116744457.805.55$12,116
Jan 2021554450.412.81$2,896
Dec 202047269044.642.68$22,916
Nov 20207891,28138.772.71$34,057
Oct 20209801,09936.972.48$38,954
Sep 20201,1711,60137.091.99$46,620
Aug 20201,4163,21639.982.39$64,282
Jul 20201,8584,01538.371.83$78,619
Jun 20207491,49134.901.69$28,660
May 20206431,28616.921.81$13,213
Apr 20201,2762,83814.751.80$23,942
Mar 20201,2352,89730.341.86$42,847
Feb 20201,7293,09149.881.98$92,365
Jan 20201,9233,49057.252.09$117,402
Dec 20191,0893,38659.012.30$72,064
Nov 20195223,24555.302.75$37,793
Oct 20195253,42253.472.42$36,348
Sep 20194321,80755.052.66$28,583
Aug 20195013,32753.112.30$34,275
Jul 20191,7323,27756.272.46$105,521
Jun 20192,1873,53652.782.49$124,239
May 20192,6572,82258.482.74$163,115
Apr 20192,6223,78262.632.75$174,619
Mar 20192,4003,70756.803.06$147,671
Feb 20192,4893,57850.852.79$136,556
Jan 20192,7053,09246.033.23$134,493
Dec 20182,9563,43846.594.19$152,110
Nov 20182,9113,19352.934.24$167,609
Oct 20182,8122,96461.443.40$182,841
Sep 20182,7123,05259.543.11$170,958
Aug 20182,0202,44359.403.07$127,480
Jul 20181,1171,86865.142.93$78,238
Jun 20181,0151,27860.183.08$65,015
May 201820761565.382.90$15,318

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                1,251 bbl  × $106.41 =   $133,119
Casinghead gas     4,956 Mcf  × $  3.05 =    $15,095

────────────────────────────────────────────────────
Month total                                 $148,214

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/50603 is the state's own key, not one this site invented.