UNIVERSITY KAREN

Operated by BAM PERMIAN OPERATING, LLC (P-5 48351) 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 56544District 08Field 92505500OilCasinghead gasSaveExport
Value, all time
$957 k
Oct 2021 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
56
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
OilDisposition10,084 bbl$807,817
Casinghead gasProduction32,825 Mcf$149,580
Total$957,397

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 31.5118, -102.3962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51177, -102.39621 · 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
9,981 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 9,981 ft.

Completions filed
Oct 2021
1 of 1 wells

1 well

42-1033683519,981 ftOct 2021

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 (56)

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

56 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202618022789.753.15$16,870
Feb 2026027663.503.75$1,035
Jan 202616127459.138.00$11,711
Dec 202518531356.664.41$11,863
Nov 202518236658.593.93$12,100
Oct 2025021659.383.30$714
Sep 202518234162.743.08$12,468
Aug 2025035463.933.01$1,067
Jul 202519234566.743.32$13,958
Jun 202518026866.483.13$12,805
May 2025032660.553.23$1,054
Apr 202518034362.363.54$12,440
Mar 202517934067.704.27$13,570
Feb 202518829670.884.34$14,610
Jan 202518733174.324.28$15,314
Dec 202418934568.993.12$14,116
Nov 2024036369.052.20$798
Oct 202417334071.372.28$13,123
Sep 2024036969.612.36$872
Aug 202418240875.632.06$14,607
Jul 202418041179.932.15$15,270
Jun 202418141278.082.63$15,218
May 202418042478.812.20$15,118
Apr 2024041284.451.66$684
Mar 202418142880.301.55$15,196
Feb 202417840476.091.78$14,265
Jan 202418543473.023.30$14,940
Dec 202318844171.262.61$14,548
Nov 202318045077.892.81$15,284
Oct 202318748785.443.09$17,481
Sep 202318549889.042.74$17,834
Aug 2023052780.522.67$1,409
Jul 202317653374.852.64$14,582
Jun 202316552268.962.26$12,557
May 202318457070.622.23$14,264
Apr 202318656578.122.24$15,795
Mar 202334162572.852.39$26,338
Feb 202318766275.112.47$15,678
Jan 2023041076.533.39$1,389
Dec 202236468176.415.73$31,715
Nov 202218468185.005.65$19,485
Oct 202218676187.185.86$20,678
Sep 202218181684.888.16$22,025
Aug 202217591294.529.13$24,865
Jul 2022184999101.587.54$26,225
Jun 20221871,168115.097.98$30,839
May 20223451,168109.378.43$47,582
Apr 20221851,329104.226.84$28,368
Mar 20223451,590108.885.08$45,635
Feb 20227172,11591.054.86$75,559
Jan 20220081.844.54$0
Dec 20213572,06071.323.90$33,493
Nov 20211,0702,87877.435.24$97,922
Oct 202101179.795.71$63

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.

Mar 2026 — as filed, then multipliedworked
Oil                  180 bbl  × $ 89.75 =    $16,155
Casinghead gas       227 Mcf  × $  3.15 =       $715

────────────────────────────────────────────────────
Month total                                  $16,870

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/56544 is the state's own key, not one this site invented.