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UNIVERSITY 20 PW

Operated by PDEH LLC (P-5 646827) 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 52243District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$86.6 M
Jan 2018 – May 2026
Value, last 12 filed months
$6.0 M
at the published price for each month
Months reported
95
6 months not filed
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) field

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
OilDisposition1,328,973 bbl$81,524,050
Casinghead gasProduction1,631,775 Mcf$5,081,619
Total$86,605,669

Wells on this lease (8)

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 31.7041, -103.2739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.70385, -103.27390 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
11,787 ft
8 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.
8100.0%

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

Total depth in feet, 8 of 8 wells. Median 11,787 ft, with the middle half between 11,698 and 11,885 ft; the shallowest is 11,657 ft and the deepest 11,902 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, May 2019 – Jun 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 2019 – Jun 2019
8 of 8 wells

8 wells

42-495342272505H11,884 ftJun 2019——
42-495342282506H11,657 ftJun 2019——
42-495342292507H11,889 ftJun 2019——
42-495342302508H11,693 ftJun 2019——
42-495341832503H11,857 ftMay 2019——
42-495341842504H11,716 ftMay 2019——
42-495341822502H11,699 ftMay 2019——
42-495341812501H11,902 ftMay 2019——

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 (95)

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

95 months

May 20266,9635,341106.413.05$757,201
Apr 20265,7505,65798.932.87$585,082
Mar 20266,6576,33289.753.15$617,408
Feb 20264,8064,57063.503.75$322,320
Jan 20266,4035,85959.138.00$425,469
Dec 20257,7077,17756.664.41$468,353
Nov 20256,6146,04758.593.93$411,257
Oct 20256,0926,26559.383.30$382,448
Sep 20257,4438,08762.743.08$491,857
Aug 20257,5658,57163.933.01$509,470
Jul 20257,0097,91466.743.32$494,017
Jun 20257,3757,61666.483.13$514,118
May 20256,7447,35160.553.23$432,110
Apr 20257,51913,03062.363.54$515,052
Mar 20259,01415,28667.704.27$675,493
Feb 20257,80012,52070.884.34$607,211
Jan 20258,25112,55374.324.28$666,925
Dec 20248,81212,67568.993.12$647,503
Nov 20247,53110,04469.052.20$542,097
Oct 20247,9816,76171.372.28$585,029
Sep 20248,5787,68869.612.36$615,292
Aug 20248,7609,67875.632.06$682,491
Jul 20247,5438,03679.932.15$620,162
Jun 20247,3036,65178.082.63$587,737
May 20248,8789,64478.812.20$720,877
Apr 20247,9608,67984.451.66$686,622
Mar 20249,0169,60080.301.55$738,818
Feb 20248,6848,76976.091.78$676,406
Jan 20249,53913,55773.023.30$741,244
Dec 20239,96711,91071.262.61$741,342
Nov 20239,60212,30677.892.81$782,450
Oct 202310,08412,51985.443.09$900,227
Sep 20238,95512,29589.042.74$830,981
Aug 20238,70013,55980.522.67$736,766
Jul 20239,75213,54674.852.64$765,723
Jun 20239,18112,81168.962.26$662,055
May 202310,67314,80570.622.23$786,704
Apr 202310,09614,77378.122.24$821,758
Mar 20239,98713,90972.852.39$760,839
Feb 20238,89612,29975.112.47$698,504
Jan 202310,43613,14276.533.39$843,189
Dec 202210,03311,49776.415.73$832,489
Nov 202210,69712,95485.005.65$982,386
Oct 202212,81016,01387.185.86$1,210,672
Sep 202212,85415,78184.888.16$1,219,879
Aug 202210,59115,50094.529.13$1,142,532
Jul 202210,13813,523101.587.54$1,131,810
Jun 202211,76214,567115.097.98$1,469,892
May 202212,76314,396109.378.43$1,517,291
Apr 202210,75811,812104.226.84$1,201,964
Mar 202211,66216,473108.885.08$1,353,382
Feb 202210,26512,14091.054.86$993,615
Jan 20226,5369,06881.844.54$576,054
Dec 20216,0726,92571.323.90$460,056
Nov 202112,31615,54777.435.24$1,035,045
Oct 202111,35613,07879.795.71$980,821
Sep 202112,41114,82869.865.35$946,376
Aug 202114,22416,98266.024.22$1,010,743
Jul 202115,28119,44770.783.98$1,159,029
Jun 202113,45416,98769.493.38$992,345
May 202115,53019,52463.483.02$1,044,761
Apr 202115,74519,72660.362.76$1,004,781
Mar 202117,47421,97561.302.72$1,130,861
Feb 202110,45313,17357.805.55$677,267
Jan 202117,46521,99650.412.81$942,225
Dec 202016,85321,64144.642.68$810,218
Nov 202018,96323,69938.772.71$799,339
Oct 202019,49225,10236.972.48$782,833
Sep 202019,61025,18637.091.99$777,481
Aug 202020,81827,05939.982.39$896,842
Jul 202019,91125,90038.371.83$811,256
Jun 202021,86528,08734.901.69$810,564
May 202024,24530,23816.921.81$465,100
Apr 202025,26930,70814.751.80$428,127
Mar 202027,45533,95530.341.86$896,013
Feb 202024,59630,57149.881.98$1,287,400
Jan 202037,66346,31757.252.09$2,253,229
Dec 201943,18751,37259.012.30$2,666,844
Nov 201936,23842,20555.302.75$2,120,055
Oct 201937,64545,76053.472.42$2,123,551
Sep 201946,01755,37955.052.66$2,680,393
Aug 201961,62878,15953.112.30$3,453,170
Jul 201997,477116,83156.272.46$5,772,442
Jun 201986,200104,06252.782.49$4,808,875
May 201914,56515,80058.482.74$895,058
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jan 20180062.874.01$0

Not filed, and not zero: Feb 2018 – Jun 2018 (5 months) · Apr 2019. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                6,963 bbl  × $106.41 =   $740,933
Casinghead gas     5,341 Mcf  × $  3.05 =    $16,268

────────────────────────────────────────────────────
Month total                                 $757,201

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/52243 is the state's own key, not one this site invented.