UNIVERSITY A12

Operated by RAFTER T RESOURCES LLC (P-5 102775) in the SHAFTER LAKE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 58804District 08Field 82570500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.2 M
Dec 2022 – May 2026
Value, last 12 filed months
$544 k
at the published price for each month
Months reported
42
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 194 leases and 1,113 wells, and the rule below applies to all of them.

Discovered
1953-04-01
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 10 acres. The field rule took effect on 2014-01-07.

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: DIAGONAL LIMITATION, TOP ALLOWABLE ADJUSTED.

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
OilDisposition52,802 bbl$4,004,578
Casinghead gasProduction49,689 Mcf$146,230
Total$4,150,808

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 32.3281, -102.6875. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.32814, -102.68749 · 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
4,369 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 4,356 and 4,382 ft, median 4,369 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2022 – Jul 2023
2 of 2 wells

2 wells

42-003488062H4,356 ftJul 2023
42-003486971H4,382 ftDec 2022

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 (42)

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

42 months

May 2026268706106.413.05$30,668
Apr 20264853598.932.87$48,081
Mar 20261,10445089.753.15$100,501
Feb 202669763263.503.75$46,630
Jan 202654266859.138.00$37,391
Dec 202535933556.664.41$21,819
Nov 202551644858.593.93$31,991
Oct 202568039759.383.30$41,690
Sep 202559827162.743.08$38,352
Aug 202569788463.933.01$47,224
Jul 20256961,12766.743.32$50,187
Jun 20257031,02166.483.13$49,930
May 20256911,35860.553.23$46,230
Apr 20251,0351,16862.363.54$68,681
Mar 202570797167.704.27$52,008
Feb 202552486670.884.34$40,900
Jan 202587198474.324.28$68,943
Dec 20241,0321,21368.993.12$74,984
Nov 20246911,04369.052.20$50,007
Oct 20248811,17471.372.28$65,555
Sep 20248851,18969.612.36$64,416
Aug 20241,5791,37775.632.06$122,261
Jul 20248901,41979.932.15$74,184
Jun 20241,1501,20778.082.63$92,971
May 20248691,30978.812.20$71,364
Apr 20241,1901,51884.451.66$103,014
Mar 20241,3681,45980.301.55$112,105
Feb 20241,6781,59176.091.78$130,517
Jan 20241,6991,58073.023.30$129,271
Dec 20232,0901,53271.262.61$152,933
Nov 20232,6051,18677.892.81$206,233
Oct 20232,4521,30785.443.09$213,534
Sep 20233,4892,58289.042.74$317,722
Aug 20234,6503,06880.522.67$382,618
Jul 20232,6382,43774.852.64$203,892
Jun 20231,07450268.962.26$75,197
May 20235161,03170.622.23$38,736
Apr 20231,2051,16978.122.24$96,751
Mar 20231,5411,78172.852.39$116,524
Feb 20231,52494175.112.47$116,788
Jan 20232,3361,83776.533.39$184,997
Dec 20221,5971,91676.415.73$133,004

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                  268 bbl  × $106.41 =    $28,518
Casinghead gas       706 Mcf  × $  3.05 =     $2,150

────────────────────────────────────────────────────
Month total                                  $30,668

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/58804 is the state's own key, not one this site invented.