UNIVERSITY -35-

Operated by SLANT OPERATING, LLC (P-5 786697) 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 59971District 08Field 92505500OilCasinghead gasSaveExport
Value, all time
$482 k
Oct 2012 – Jan 2024
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
135
1 month not filed
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
OilDisposition4,635 bbl$285,165
Casinghead gasProduction51,291 Mcf$196,833
Total$481,998

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 31.4548, -102.4306. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45475, -102.43065 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,350 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
1100.0%
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.
00.0%

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 9,350 ft.

Completions filed
May 2023
1 of 1 wells

1 well

42-1033274619,350 ftMay 2023Yes

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 (135)

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

135 months

Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202323078.122.24$1,797
Mar 20237016172.852.39$5,485
Feb 20237815775.112.47$6,246
Jan 20239116976.533.39$7,537
Dec 20227219276.415.73$6,602
Nov 20229618485.005.65$9,199
Oct 20229319387.185.86$9,239
Sep 20229219284.888.16$9,376
Aug 20228718694.529.13$9,921
Jul 2022105198101.587.54$12,159
Jun 202280200115.097.98$10,803
May 202276265109.378.43$10,547
Apr 202253305104.226.84$7,609
Mar 202266274108.885.08$8,577
Feb 20226025491.054.86$6,697
Dec 20215326571.323.90$4,813
Nov 20216528577.435.24$6,525
Oct 20216925179.795.71$6,940
Sep 20216421169.865.35$5,600
Aug 20215223666.024.22$4,429
Jul 20218426270.783.98$6,989
Jun 20213820169.493.38$3,320
May 20213121463.483.02$2,614
Apr 20213919960.362.76$2,903
Mar 20215919061.302.72$4,133
Feb 20214916257.805.55$3,731
Jan 20218321250.412.81$4,780
Dec 20208020544.642.68$4,120
Nov 20207221538.772.71$3,373
Oct 20207224036.972.48$3,257
Sep 20207922637.091.99$3,380
Aug 20208219039.982.39$3,732
Jul 20206918938.371.83$2,992
Jun 20206721934.901.69$2,708
May 20204819416.921.81$1,164
Apr 20205724514.751.80$1,283
Mar 20205025630.341.86$1,992
Feb 20206223849.881.98$3,564
Jan 20207423957.252.09$4,737
Dec 2019913459.012.30$5,448
Nov 2019121555.302.75$705
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201910056.272.46$563
Jun 2019237352.782.49$1,396
May 2019308958.482.74$1,998
Apr 2019268362.632.75$1,857
Mar 20193010656.803.06$2,029
Feb 2019268550.852.79$1,559
Jan 2019348546.033.23$1,839
Dec 2018298846.594.19$1,719
Nov 2018308852.934.24$1,961
Oct 2018308661.443.40$2,135
Sep 2018288459.543.11$1,928
Aug 2018299159.403.07$2,002
Jul 2018258065.142.93$1,863
Jun 2018257460.183.08$1,732
May 2018328265.382.90$2,330
Apr 2018218363.842.90$1,581
Mar 2018307461.222.79$2,043
Feb 2018265661.782.77$1,761
Jan 2018284862.874.01$1,953
Dec 2017285757.272.92$1,770
Nov 2017316155.423.12$1,908
Oct 2017366749.292.98$1,974
Sep 2017546747.523.09$2,773
Aug 2017646445.373.00$3,096
Jul 2017576043.873.09$2,686
Jun 2017616942.493.09$2,805
May 2017566545.373.26$2,753
Apr 2017585647.933.21$2,960
Mar 2017486646.772.98$2,442
Feb 20172910050.452.95$1,758
Jan 20174211949.413.42$2,482
Dec 201610212148.763.72$5,424
Nov 20167411842.492.64$3,456
Oct 20163011846.193.09$1,750
Sep 20164812241.553.10$2,373
Aug 20167215241.442.92$3,428
Jul 20168715741.622.92$4,080
Jun 20168014245.352.69$4,009
May 20168113742.521.99$3,717
Apr 20166313736.561.99$2,576
Mar 20161611233.011.79$729
Feb 2016017626.472.06$363
Jan 2016018527.352.36$437
Dec 2015016232.362.00$324
Nov 2015026038.792.17$564
Oct 2015026043.552.43$631
Sep 201506042.992.76$166
Aug 2015039540.162.87$1,135
Jul 201501,02248.152.95$3,010
Jun 2015095756.152.88$2,759
May 201501,00055.212.96$2,955
Apr 2015089049.822.71$2,409
Mar 2015095342.892.93$2,797
Feb 201501,01644.662.98$3,024
Jan 201551,26543.433.10$4,139
Dec 2014115354.693.59$604
Nov 201461,36270.464.25$6,214
Oct 201401,36478.303.90$5,321
Sep 201401,33086.164.05$5,380
Aug 201401,37589.394.04$5,548
Jul 201401,41696.564.18$5,918
Jun 201401,11698.164.74$5,286
May 201401,43194.734.73$6,764
Apr 201401,36295.944.81$6,550
Mar 201401,28495.895.06$6,493
Feb 201401,28597.406.19$7,957
Jan 2014077190.404.86$3,748
Dec 2013017591.824.35$762
Nov 2013048788.853.74$1,821
Oct 2013068997.423.78$2,604
Sep 201301,412104.113.72$5,249
Aug 201301,433104.253.52$5,048
Jul 201301,317102.523.72$4,896
Jun 201301,36794.403.93$5,377
May 201311,38194.834.15$5,825
Apr 201391,33293.964.28$6,550
Mar 2013251,34393.623.91$7,595
Feb 201391,30691.233.42$5,287
Jan 2013411,34191.603.42$8,342
Dec 2012311,28686.773.42$7,088
Nov 2012241,02286.953.62$5,792
Oct 20121160589.383.40$3,040

Not filed, and not zero: Jan 2022. 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.

Apr 2023 — as filed, then multipliedworked
Oil                   23 bbl  × $ 78.12 =     $1,797
Casinghead gas         0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                   $1,797

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/59971 is the state's own key, not one this site invented.