STATE UNIVERSITY -F1-

Operated by TWO P PARTNERS, LLC (P-5 875088) in the WARD-ESTES, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7343District 08Field 95152001OilCasinghead gasSaveExport
Value, all time
$3.1 M
Jan 1993 – Apr 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
364
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 98 leases and 4,161 wells, and the rule below applies to all of them.

Discovered
1929-12-31
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 20 acres.

The Commission's schedule remark for this field reads: EFFECTIVE 11/01/82; ALLOC FORMULA SUSPENDED 9-1-84

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
OilDisposition108,938 bbl$2,744,027
Casinghead gasProduction127,761 Mcf$367,932
Total$3,111,959

49,034 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (41)

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 31.5540, -102.9681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 75.6 miles, so treat it as the lease's centre and not as its location.

31.59565, -102.37021 · centre of 37 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
97.6%
40 of 41 wells
With a plug date
95.1%
39 of 41 wells
Median depth
3,015 ft
41 wells filed one
Completion to plug
28.8 years
median over 25 wells

What the state filed about each well

On the RRC proration schedule
4097.6%
A plug date is filed
3995.1%
BothOn the schedule and plugged. Neither fact cancels the other.
3995.1%
NeitherNo plug date, and not on the schedule.
12.4%

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, 41 of 41 wells. Median 3,015 ft, with the middle half between 2,792 and 3,148 ft; the shallowest is 2,648 ft and the deepest 8,620 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, 27 of 41 wells, Mar 1959 – Feb 2000. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1959 – Feb 2000
27 of 41 wells; 14 filed none
Plug dates filed
Apr 1970 – Jun 2024
39 of 41 wells; 2 filed none

Last completion to plug: a median of 28.8 years across the 25 wells that filed both dates, with the middle half between 23.3 years and 36.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

41 wells

42-4750290523W2,970 ftMar 1971Yes
42-47502916332,855 ftApr 1970Yes
42-47502917342,830 ftMar 1999Yes
42-47502918352,781 ftDec 1994Yes
42-4750297022,777 ftSep 2006Yes
42-475029724W2,780 ftJun 1971Yes
42-475029735W2,755 ftFeb 1971Yes
42-4750297462,752 ftNov 1985Yes
42-4750297810W2,790 ftSep 1975Yes
42-475029799W3,120 ftJun 1971Yes
42-4750298113W2,791 ftMay 1970Yes
42-47502984152,996 ftDec 1982Yes
42-4750298517W2,760 ftFeb 1971Yes
42-4750298820W2,792 ftJul 1975Yes
42-475339511023,099 ftFeb 2000Dec 2019Yes
42-475339481013,124 ftDec 1998Jul 2023Yes
42-475342561093,065 ftAug 1997Nov 2023Yes
42-475342571073,080 ftMar 1997Jun 2024Yes
42-475339781053,180 ftMar 1997Mar 2023Yes
42-475339701063,148 ftFeb 1997Nov 2017Yes
42-475339681043,125 ftOct 1996Jan 2020Yes
42-475339571033,166 ftSep 1996Sep 2013Yes
42-475343841103,078 ftSep 1996Mar 2023Yes
42-1730093828,620 ftAug 1987Jun 2021Yes
42-4953206283,462 ftNov 1986Yes
42-47530769963,260 ftDec 1975Oct 2004Yes
42-4750290624W2,968 ftAug 1975Nov 2023Yes
42-4750291532W3,206 ftMay 1974Oct 2010Yes
42-47530214953,245 ftFeb 1970Nov 2011Yes
42-47530199943,300 ftDec 1969Aug 2013Yes
42-47530174923,300 ftSep 1969Oct 1998Yes
42-47530142933,300 ftJul 1969Nov 1983Yes
42-4750290725W3,015 ftApr 1965
42-47502955732,648 ftNov 1962Oct 2006Yes
42-47502950682,696 ftFeb 1962Nov 1983Yes
42-47502948662,870 ftJan 1962Oct 1996Yes
42-47502937553,070 ftOct 1961Oct 1996Yes
42-47502931482,890 ftSep 1961Dec 2004Yes
42-47502923402,818 ftJan 1961Oct 1993Yes
42-47502922393,030 ftDec 1960Nov 1983Yes
42-47502921382,810 ftMar 1959Sep 2003Yes

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 (364)

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

364 months

Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
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
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201419097.406.19$1,851
Jan 201457090.404.86$5,153
Dec 201324091.824.35$2,204
Nov 201357088.853.74$5,064
Oct 2013297897.423.78$3,120
Sep 20134325104.113.72$4,570
Aug 20136327104.253.52$6,663
Jul 20136829102.523.72$7,079
Jun 2013623694.403.93$5,994
May 2013553294.834.15$5,348
Apr 2013681293.964.28$6,441
Mar 2013522693.623.91$4,970
Feb 201354091.233.42$4,926
Jan 2013642891.603.42$5,958
Dec 2012531186.773.42$4,636
Nov 201252286.953.62$4,529
Oct 201252789.383.40$4,672
Sep 2012401594.672.92$3,831
Aug 2012452992.662.91$4,254
Jul 2012643785.133.02$5,560
Jun 2012643979.822.52$5,207
May 2012403791.612.49$3,756
Apr 20125237101.652.00$5,360
Mar 20124538105.052.22$4,812
Feb 20125132101.102.57$5,238
Jan 2012765298.092.73$7,597
Dec 2011336196.873.24$3,394
Nov 2011526595.723.31$5,193
Oct 2011517084.983.65$4,589
Sep 2011527383.623.99$4,639
Aug 2011657783.404.15$5,741
Jul 2011538094.144.52$5,351
Jun 2011407592.904.64$4,064
May 2011727798.134.40$7,405
Apr 20115772105.964.33$6,352
Mar 2011619296.364.06$6,251
Feb 201195485.644.18$996
Jan 2011626386.504.59$5,652
Dec 20101235885.734.35$10,797
Nov 20101392980.843.80$11,347
Oct 20101196778.103.51$9,529
Sep 20101405572.633.98$10,387
Aug 20101069873.684.42$8,243
Jul 201014711272.554.74$11,195
Jun 20109213470.364.91$7,131
May 20108214271.124.24$6,433
Apr 201010815181.694.12$9,445
Mar 201010617078.394.39$9,055
Feb 201010715973.585.44$8,738
Jan 20106815274.365.96$5,963
Dec 200912121471.445.48$9,818
Nov 200911821474.593.75$9,604
Oct 200912022672.544.11$9,634
Sep 200912223865.543.06$8,725
Aug 200911831567.423.22$8,969
Jul 20099522761.133.46$6,594
Jun 200913222366.163.90$9,602
May 200910127254.743.93$6,597
Apr 200913627946.773.59$7,362
Mar 200912532442.144.06$6,583
Feb 200911029432.814.63$4,971
Jan 200918037135.865.37$8,447
Dec 200818640537.105.98$9,321
Nov 200815541955.496.86$11,475
Oct 200814942775.246.92$14,166
Sep 2008104175101.767.88$11,962
Aug 2008138393114.228.48$19,096
Jul 2008104232131.0811.39$16,275
Jun 2008208404131.3313.03$32,582
May 2008164323123.1711.57$23,938
Apr 2008148227110.3110.45$18,699
Mar 2008139427101.909.66$18,291
Feb 200813640892.538.77$16,162
Jan 200818947890.388.21$21,004
Dec 200721240188.337.30$21,654
Nov 200721448591.677.29$23,154
Oct 200720446282.856.92$20,099
Sep 200718350375.846.24$17,020
Aug 200714747669.066.39$13,192
Jul 200716751070.906.39$15,098
Jun 200710443062.007.55$9,694
May 20079055258.747.85$9,618
Apr 200716344559.617.81$13,190
Mar 200713846856.927.30$11,272
Feb 200714545255.108.22$11,703
Jan 200716138950.306.73$10,715
Dec 200617633456.656.92$12,281
Nov 200615033654.207.62$10,689
Oct 200617648054.906.01$12,549
Sep 200616944460.085.04$12,390
Aug 200617444168.717.34$15,192
Jul 200618337169.376.34$15,048
Jun 200618127566.286.38$13,752
May 200619030366.016.42$14,489
Apr 200617836264.397.36$14,126
Mar 200617935256.707.08$12,642
Feb 200612722857.597.75$9,081
Jan 200615211360.598.93$10,219
Dec 200518325254.9413.42$13,435
Nov 200518337354.6910.59$13,958
Oct 200517435958.3413.80$15,104
Sep 200519341861.4512.08$16,909
Aug 200520941061.519.80$16,872
Jul 200520144255.697.84$14,661
Jun 200518742652.337.38$12,930
May 200521547845.226.65$12,902
Apr 200520741349.207.36$13,224
Mar 200523793050.377.15$18,592
Feb 200520555045.226.31$12,742
Jan 200520658243.166.32$12,570
Dec 200424160539.866.75$13,691
Nov 200423762745.286.33$14,701
Oct 200423355449.706.52$15,189
Sep 200424945843.245.28$13,187
Aug 200425357942.375.55$13,933
Jul 200417163138.286.08$10,385
Jun 200422468036.106.43$12,461
May 200424268237.486.49$13,499
Apr 200425870934.475.86$13,047
Mar 200424586634.365.53$13,207
Feb 200420786932.455.51$11,505
Jan 200416993832.036.30$11,322
Dec 200318194630.266.30$11,438
Nov 200317093328.804.60$9,183
Oct 200318797628.174.76$9,913
Sep 200315998126.314.75$8,842
Aug 20031851,05929.765.13$10,938
Jul 20032121,05029.415.17$11,664
Jun 200319885928.565.98$10,794
May 200327655926.595.97$10,678
Apr 200329251526.675.41$10,572
Mar 200322356131.146.10$10,364
Feb 20031758333.487.93$6,517
Jan 20031799630.315.58$5,961
Dec 20021689126.914.85$4,963
Nov 20021647924.664.14$4,371
Oct 20021729726.464.23$4,961
Sep 200219710227.443.64$5,776
Aug 200216811325.963.16$4,719
Jul 200220011224.583.06$5,259
Jun 200216612323.733.34$4,350
May 200218611124.663.58$4,985
Apr 200217911523.653.51$4,637
Mar 20022027622.003.10$4,680
Feb 20021618018.222.38$3,123
Jan 20022238717.172.38$4,036
Dec 20012087216.932.36$3,692
Nov 20011958018.072.41$3,716
Oct 20012178719.782.53$4,512
Sep 20012058224.262.25$5,158
Aug 20012188124.873.05$5,669
Jul 20011916923.933.20$4,791
Jun 20012246824.563.82$5,761
May 20012046025.524.31$5,465
Apr 20012156524.685.34$5,653
Mar 20012036224.545.38$5,315
Feb 20011794727.755.77$5,238
Jan 200127324427.478.40$9,549
Dec 200031623226.889.12$10,611
Nov 200028723632.215.66$10,580
Oct 200029322331.235.15$10,298
Sep 200031336131.875.19$11,848
Aug 200034829729.644.54$11,663
Jul 200037934028.534.09$12,203
Jun 200036130829.304.40$11,932
May 200037231827.263.68$11,311
Apr 200033229024.513.12$9,041
Mar 200032927428.422.86$10,134
Feb 200034724127.622.73$10,241
Jan 200030028625.272.48$8,290
Dec 199932026324.282.42$8,407
Nov 199931624023.192.43$7,912
Oct 199938617120.982.80$8,578
Sep 199938813321.752.62$8,787
Aug 199934125719.262.88$7,307
Jul 19991779117.892.37$3,382
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19993010.381.90$31
Dec 1998481,0069.201.77$2,226
Nov 19983941,39910.892.19$7,348
Oct 19985251,71312.421.97$9,894
Sep 19985321,84212.592.08$10,534
Aug 19984771,50611.301.91$8,263
Jul 19986412,57011.742.24$13,275
Jun 19986592,72111.242.24$13,495
May 19986883,35112.622.21$16,076
Apr 19987083,09613.042.51$16,989
Mar 19987351,18812.802.31$12,152
Feb 199866655713.952.30$10,571
Jan 199865956514.702.15$10,905
Dec 199758562516.322.41$11,054
Nov 199757858918.193.09$12,333
Oct 199757565619.253.15$13,135
Sep 199748581217.742.95$11,003
Aug 199749698217.862.55$11,367
Jul 199755485717.582.25$11,665
Jun 199739660817.242.26$8,199
May 199749366118.972.31$10,878
Apr 199751393217.882.08$11,114
Mar 19975021,11718.951.94$11,679
Feb 199718314920.492.21$4,078
Jan 19971107023.483.54$2,831
Dec 199619013223.32$4,431
Nov 19963,4683,55221.97$76,192
Oct 19963,6713,61123.31$85,571
Sep 19963,0374,48322.22$67,482
Aug 19961,7552,22320.26$35,556
Jul 19961,26291419.55$24,672
Jun 19961,4021,21518.73$26,259
May 19961,4141,23519.43$27,474
Apr 19961,4031,26521.51$30,179
Mar 19961,4251,52319.38$27,617
Feb 19961,6121,40916.98$27,372
Jan 19961,3771,05817.07$23,505
Dec 19951,3511,11717.19$23,224
Nov 19951,05163016.00$16,816
Oct 19951,33669115.43$20,614
Sep 19951,00685916.18$16,277
Aug 19951,19961715.92$19,088
Jul 19951,15662015.24$17,617
Jun 19951,02481316.41$16,804
May 19951,02667017.56$18,017
Apr 19951,14768717.73$20,336
Mar 19951,17955516.44$19,383
Feb 19951,00955116.58$16,729
Jan 19951,17565115.92$18,706
Dec 19941,34275715.03$20,170
Nov 19941,00677015.90$15,995
Oct 19941,17761715.58$18,338
Sep 19941,16870615.29$17,859
Aug 19941,27357316.13$20,533
Jul 19941,28363317.56$22,529
Jun 19941,15671517.09$19,756
May 19941,16667415.88$18,516
Apr 19941,31071914.14$18,523
Mar 19941,32553612.46$16,510
Feb 19941,44957512.50$18,113
Jan 19941,13968912.66$14,420
Dec 19931,31279112.33$16,177
Nov 19931,48278614.49$21,474
Oct 19931,3131,13515.85$20,811
Sep 19931,46180715.03$21,959
Aug 19931,60869415.66$25,181
Jul 19931,47398015.46$22,773
Jun 19931,23362216.79$20,702
May 19931,58854017.68$28,076
Apr 19931,61467818.05$29,133
Mar 19931,45976718.14$26,466
Feb 19931,32692317.90$23,735
Jan 19931,6521,26616.93$27,968

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.

Feb 2014 — as filed, then multipliedworked
Oil                   19 bbl  × $ 97.40 =     $1,851
Casinghead gas         0 Mcf  × $  6.19 =         $0

────────────────────────────────────────────────────
Month total                                   $1,851

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/7343 is the state's own key, not one this site invented.