TEXAS UNIVERSITY SEC. 16

Operated by HARVEST PETROLEUM PARTNERS LLC (P-5 103678) in the DUNE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 58981District 08Field 26538001Hydrogen sulphide fieldOilSaveExport
Value, all time
$203 k
Apr 2023 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
38
no gaps in the span
Streams
1
oil

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 113 leases and 1,569 wells, and the rule below applies to all of them.

Discovered
1938-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

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: 10 ACRE OPTIONAL 933' DIAGONAL

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
OilDisposition2,776 bbl$202,842
Total$202,842

Wells on this lease (7)

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 31.5161, -102.3770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.51436, -102.37681 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
3,603 ft
6 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.
7100.0%

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 3,472 and 12,271 ft, median 3,603 ft, over the 6 wells that filed a depth.

Completions filed
Jan 1957 – Jan 1999
5 of 7 wells; 2 filed none

7 wells

42-103039251609W3,505 ft
42-103039261610
42-1033466716384,515 ftJan 1999
42-103039141605W12,271 ftOct 1986
42-1033375416373,605 ftFeb 1986
42-1033375616363,600 ftFeb 1986
42-1030393316073,472 ftJan 1957

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 (38)

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

38 months

May 2026164106.413.05$17,451
Apr 2026098.932.87$0
Mar 202617089.753.15$15,258
Feb 2026063.503.75$0
Jan 202617359.138.00$10,229
Dec 2025056.664.41$0
Nov 202517558.593.93$10,253
Oct 2025059.383.30$0
Sep 202516662.743.08$10,415
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 202518366.483.13$12,166
May 202515860.553.23$9,567
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 202516170.884.34$11,412
Jan 202549574.324.28$36,788
Dec 202430868.993.12$21,249
Nov 2024069.052.20$0
Oct 202415671.372.28$11,134
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 202415578.082.63$12,102
May 202415878.812.20$12,452
Apr 2024084.451.66$0
Mar 202415480.301.55$12,366
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0

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                  164 bbl  × $106.41 =    $17,451

────────────────────────────────────────────────────
Month total                                  $17,451

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/58981 is the state's own key, not one this site invented.