STATE UNIVERSITY -CJ-

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 7344District 08Field 95152001OilCasinghead gasSaveExport
Value, all time
$5.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$58 k
at the published price for each month
Months reported
401
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
OilDisposition99,842 bbl$5,357,756
Casinghead gasProduction57,511 Mcf$330,703
Total$5,688,459

1,189 Mcf of this lease's gas, across 21 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 (3)

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 31.5461, -102.9960. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.54608, -102.99432 · centre of 2 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
3,081 ft
2 wells filed one
Completion to plug
37.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 2,961 and 3,200 ft, median 3,081 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1959 – Apr 2003
2 of 3 wells; 1 filed none
Plug dates filed
Oct 1996
1 of 3 wells; 2 filed none

Last completion to plug: a median of 37.8 years across the 1 well that filed both dates, with the middle half between 37.8 years and 37.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-475814222
42-47534777173,200 ftApr 2003
42-47504574102,961 ftJan 1959Oct 1996Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 202641098.932.87$4,056
Mar 2026102089.753.15$9,155
Feb 202656063.503.75$3,556
Jan 202683059.138.00$4,908
Dec 2025117056.664.41$6,629
Nov 2025101058.593.93$5,918
Oct 202589059.383.30$5,285
Sep 2025106062.743.08$6,650
Aug 202575063.933.01$4,795
Jul 202554066.743.32$3,604
Jun 202553066.483.13$3,523
May 202572060.553.23$4,360
Apr 202573062.363.54$4,552
Mar 202565067.704.27$4,401
Feb 202562070.884.34$4,395
Jan 202567074.324.28$4,979
Dec 202481068.993.12$5,588
Nov 202463069.052.20$4,350
Oct 202474071.372.28$5,281
Sep 202482069.612.36$5,708
Aug 2024104075.632.06$7,866
Jul 2024113079.932.15$9,032
Jun 202484078.082.63$6,559
May 202438078.812.20$2,995
Apr 202449084.451.66$4,138
Mar 202455080.301.55$4,417
Feb 2024197076.091.78$14,990
Jan 20245203473.023.30$38,083
Dec 20235343271.262.61$38,136
Nov 20235863577.892.81$45,742
Oct 20235044285.443.09$43,191
Sep 2023427289.042.74$38,026
Aug 2023434080.522.67$34,946
Jul 2023499074.852.64$37,350
Jun 20233261268.962.26$22,508
May 20232711470.622.23$19,169
Apr 20232731478.122.24$21,358
Mar 20232551572.852.39$18,613
Feb 20231961175.112.47$14,749
Jan 20232881376.533.39$22,085
Dec 20222331376.415.73$17,878
Nov 20222721385.005.65$23,193
Oct 20221571387.185.86$13,763
Sep 20222281684.888.16$19,483
Aug 20222251694.529.13$21,413
Jul 202219417101.587.54$19,835
Jun 202222014115.097.98$25,431
May 202221117109.378.43$23,220
Apr 202217714104.226.84$18,543
Mar 202218515108.885.08$20,219
Feb 20221791691.054.86$16,376
Jan 20222641881.844.54$21,687
Dec 20211651771.323.90$11,834
Nov 20211122077.435.24$8,777
Oct 20211182679.795.71$9,564
Sep 20211113669.865.35$7,947
Aug 20211473966.024.22$9,870
Jul 20211094670.783.98$7,898
Jun 20211082969.493.38$7,603
May 20211103863.483.02$7,097
Apr 20211473560.362.76$8,969
Mar 2021723461.302.72$4,506
Feb 20211362357.805.55$7,988
Jan 20211748350.412.81$9,005
Dec 202022910044.642.68$10,490
Nov 202017110438.772.71$6,911
Oct 202022910836.972.48$8,734
Sep 20201778137.091.99$6,726
Aug 202022811439.982.39$9,387
Jul 20201718038.371.83$6,707
Jun 20202053034.901.69$7,205
May 20201255516.921.81$2,215
Apr 20201885714.751.80$2,876
Mar 20201556130.341.86$4,816
Feb 20202208649.881.98$11,144
Jan 20201657657.252.09$9,605
Dec 20191647859.012.30$9,857
Nov 20191296155.302.75$7,301
Oct 20192166953.472.42$11,716
Sep 20191636455.052.66$9,143
Aug 20191179553.112.30$6,433
Jul 20191018356.272.46$5,887
Jun 20191608952.782.49$8,667
May 20191898958.482.74$11,297
Apr 20191918662.632.75$12,199
Mar 20195036156.803.06$28,757
Feb 20192967150.852.79$15,250
Jan 201953510046.033.23$24,949
Dec 20186119146.594.19$28,847
Nov 20187598652.934.24$40,538
Oct 20186918561.443.40$42,744
Sep 20187379559.543.11$44,176
Aug 20186278059.403.07$37,489
Jul 20181,0628365.142.93$69,422
Jun 20183936360.183.08$23,845
May 201839665.382.90$2,567
Apr 20183442063.842.90$22,019
Mar 20182901961.222.79$17,807
Feb 20182641761.782.77$16,357
Jan 20183771762.874.01$23,770
Dec 20174751857.272.92$27,256
Nov 20173702255.423.12$20,574
Oct 20173203849.292.98$15,886
Sep 20173804147.523.09$18,184
Aug 20173763945.373.00$17,176
Jul 20176653943.873.09$29,294
Jun 20177943942.493.09$33,857
May 20176713545.373.26$30,557
Apr 20176573447.933.21$31,599
Mar 20175863546.772.98$27,512
Feb 20178253050.452.95$41,710
Jan 20179423049.413.42$46,647
Dec 20169993148.763.72$48,827
Nov 2016963042.492.64$40,918
Oct 20161,64014846.193.09$76,209
Sep 20161,51115641.553.10$63,266
Aug 20161,14214641.442.92$47,751
Jul 20161,21215041.622.92$50,882
Jun 20161,17516345.352.69$53,724
May 20161,54217642.521.99$65,916
Apr 20161,65613036.561.99$60,802
Mar 20161,21611333.011.79$40,343
Feb 20161,50211026.472.06$39,985
Jan 20161,75319827.352.36$48,413
Dec 20151,59023132.362.00$51,915
Nov 20151,46814238.792.17$57,251
Oct 20151,48419243.552.43$65,094
Sep 20156792342.992.76$29,254
Aug 20151,1891240.162.87$47,785
Jul 20159101248.152.95$43,852
Jun 20158181056.152.88$45,960
May 20156441255.212.96$35,591
Apr 20154121149.822.71$20,556
Mar 20154541342.892.93$19,510
Feb 20154921144.662.98$22,005
Jan 20153911243.433.10$17,018
Dec 20143221254.693.59$17,653
Nov 2014294670.464.25$20,741
Oct 20142166978.303.90$17,182
Sep 201425561686.164.05$24,463
Aug 201418164389.394.04$18,774
Jul 20140096.564.18$0
Jun 20141098.164.74$98
May 201475094.734.73$7,105
Apr 20149530795.944.81$10,591
Mar 201413211195.895.06$13,219
Feb 2014515797.406.19$5,320
Jan 2014966990.404.86$9,014
Dec 2013407191.824.35$3,982
Nov 2013969888.853.74$8,896
Oct 2013475997.423.78$4,802
Sep 20137213104.113.72$7,544
Aug 201310524104.253.52$11,031
Jul 201311429102.523.72$11,795
Jun 20131032994.403.93$9,837
May 2013923194.834.15$8,853
Apr 20131852393.964.28$17,481
Mar 201322513593.623.91$21,593
Feb 20132346091.233.42$21,553
Jan 201327612891.603.42$25,719
Dec 201222913386.773.42$20,325
Nov 201222612686.953.62$20,107
Oct 20122259889.383.40$20,444
Sep 201217211994.672.92$16,631
Aug 201219713392.662.91$18,641
Jul 201227915285.133.02$24,210
Jun 201227816179.822.52$22,596
May 201217115491.612.49$16,049
Apr 2012224103101.652.00$22,975
Mar 2012193140105.052.22$20,586
Feb 2012221114101.102.57$22,636
Jan 201233112498.092.73$32,807
Dec 201114210596.873.24$14,096
Nov 201122711495.723.31$22,106
Oct 201122113584.983.65$19,273
Sep 201122612883.623.99$19,408
Aug 201128113183.404.15$23,979
Jul 201122810394.144.52$21,929
Jun 201117311492.904.64$16,601
May 201131014298.134.40$31,046
Apr 2011245135105.964.33$26,545
Mar 201123310096.364.06$22,858
Feb 2011227085.644.18$2,177
Jan 201115514086.504.59$14,050
Dec 201030626585.734.35$27,386
Nov 201034821480.843.80$28,945
Oct 201029828278.103.51$24,263
Sep 201034927072.633.98$26,422
Aug 201026523073.684.42$20,542
Jul 201036625572.554.74$27,761
Jun 201023026570.364.91$17,484
May 201020423371.124.24$15,495
Apr 201026923281.694.12$22,931
Mar 201026523278.394.39$21,792
Feb 201026819073.585.44$20,753
Jan 201017117674.365.96$13,765
Dec 200930326971.445.48$23,121
Nov 200929526774.593.75$23,006
Oct 200930028072.544.11$22,913
Sep 200931125065.543.06$21,149
Aug 200930737267.423.22$21,895
Jul 200924730761.133.46$16,163
Jun 200934334166.163.90$24,021
May 200926276554.743.93$17,345
Apr 200934876246.773.59$19,010
Mar 200931970642.144.06$16,308
Feb 200927477432.814.63$12,576
Jan 200938965935.865.37$17,489
Dec 200824849537.105.98$12,159
Nov 200833666955.496.86$23,234
Oct 200832157375.246.92$28,118
Sep 2008222347101.767.88$25,324
Aug 2008328660114.228.48$43,063
Jul 2008310683131.0811.39$48,414
Jun 2008278592131.3313.03$44,225
May 2008218627123.1711.57$34,108
Apr 2008189469110.3110.45$25,752
Mar 2008170598101.909.66$23,102
Feb 200818140792.538.77$20,318
Jan 200825339890.388.21$26,132
Dec 200728330688.337.30$27,232
Nov 200728550491.677.29$29,801
Oct 200727338082.856.92$25,248
Sep 200724439575.846.24$20,971
Aug 200719640169.066.39$16,097
Jul 200722334370.906.39$18,002
Jun 200713925562.007.55$10,543
May 200712045958.747.85$10,650
Apr 200720846959.617.81$16,060
Mar 200716442056.927.30$12,402
Feb 200716918855.108.22$10,857
Jan 200719737650.306.73$12,438
Dec 200623652656.656.92$17,009
Nov 200620542154.207.62$14,318
Oct 200623550754.906.01$15,951
Sep 200622244960.085.04$15,599
Aug 200621441168.717.34$17,721
Jul 200624146669.376.34$19,674
Jun 200623346166.286.38$18,386
May 200624452366.016.42$19,467
Apr 200622849064.397.36$18,288
Mar 200623848856.707.08$16,951
Feb 200619737057.597.75$14,213
Jan 200625048860.598.93$19,507
Dec 200523546354.9413.42$19,122
Nov 200523546154.6910.59$17,733
Oct 200522548958.3413.80$19,873
Sep 200525652861.4512.08$22,109
Aug 200526854061.519.80$21,775
Jul 200525955455.697.84$18,769
Jun 200524056752.337.38$16,744
May 200527560045.226.65$16,426
Apr 200525756249.207.36$16,781
Mar 20052611,18050.377.15$21,589
Feb 2005938445.226.31$4,736
Jan 20059410043.166.32$4,689
Dec 20041099339.866.75$4,973
Nov 200410810145.286.33$5,530
Oct 200410611649.706.52$6,024
Sep 200411211743.245.28$5,461
Aug 20041095842.375.55$4,940
Jul 2004784038.286.08$3,229
Jun 20041413636.106.43$5,322
May 200445037837.486.49$19,321
Apr 200448144634.475.86$19,193
Mar 200446540034.365.53$18,189
Feb 200443730532.455.51$15,861
Jan 200463855832.036.30$23,950
Dec 200372537330.266.30$24,289
Nov 200368046228.804.60$21,707
Oct 200375047828.174.76$23,403
Sep 200363749326.314.75$19,101
Aug 200374369829.765.13$25,692
Jul 200387993529.415.17$30,686
Jun 20038321,27928.565.98$31,414
May 20032721,68926.595.97$17,320
Apr 20032501,90026.675.41$16,941
Mar 2003673631.146.10$2,306
Feb 2003501933.487.93$1,825
Jan 2003512530.315.58$1,685
Dec 2002482726.914.85$1,423
Nov 2002472624.664.14$1,267
Oct 2002493026.464.23$1,423
Sep 2002562627.443.64$1,631
Aug 2002483225.963.16$1,347
Jul 2002573524.583.06$1,508
Jun 2002484423.733.34$1,286
May 2002533524.663.58$1,432
Apr 2002512823.653.51$1,304
Mar 2002583822.003.10$1,394
Feb 2002464418.222.38$943
Jan 2002644417.172.38$1,203
Dec 2001594616.932.36$1,108
Nov 2001565018.072.41$1,132
Oct 2001624319.782.53$1,335
Sep 2001594424.262.25$1,530
Aug 2001624124.873.05$1,667
Jul 2001553323.933.20$1,422
Jun 2001644224.563.82$1,732
May 2001583525.524.31$1,631
Apr 2001613624.685.34$1,698
Mar 2001574124.545.38$1,619
Feb 2001444027.755.77$1,452
Jan 2001323127.478.40$1,139
Dec 2000373626.889.12$1,323
Nov 2000343832.215.66$1,310
Oct 2000353431.235.15$1,268
Sep 2000373931.875.19$1,381
Aug 2000414529.644.54$1,420
Jul 2000454128.534.09$1,452
Jun 2000434529.304.40$1,458
May 2000445227.263.68$1,391
Apr 2000392124.513.12$1,021
Mar 2000392528.422.86$1,180
Feb 2000412227.622.73$1,192
Jan 2000352225.272.48$939
Dec 1999381724.282.42$964
Nov 1999371823.192.43$902
Oct 1999453620.982.80$1,045
Sep 1999465121.752.62$1,134
Aug 1999442819.262.88$928
Jul 1999482217.892.37$911
Jun 1999542115.942.36$910
May 1999572315.792.32$953
Apr 1999562315.102.21$896
Mar 1999692812.471.84$912
Feb 199960109.981.82$617
Jan 1999522310.381.90$583
Dec 199863129.201.77$601
Nov 199846910.892.19$521
Oct 1998621212.421.97$794
Sep 1998631112.592.08$816
Aug 1998551011.301.91$641
Jul 1998671511.742.24$820
Jun 1998631811.242.24$748
May 199866012.622.21$833
Apr 1998672213.042.51$929
Mar 1998704412.802.31$998
Feb 1998633213.952.30$952
Jan 1998634014.702.15$1,012
Dec 1997563416.322.41$996
Nov 1997553518.193.09$1,109
Oct 1997594219.253.15$1,268
Sep 1997464517.742.95$949
Aug 1997475617.862.55$982
Jul 1997545417.582.25$1,071
Jun 1997525617.242.26$1,023
May 1997474118.972.31$986
Apr 1997515817.882.08$1,033
Mar 1997687018.951.94$1,424
Feb 1997544420.492.21$1,204
Jan 1997312023.483.54$799
Dec 199653023.32$1,236
Nov 199653021.97$1,164
Oct 199658023.31$1,352
Sep 199625022.22$556
Aug 199656020.26$1,135
Jul 199643019.55$841
Jun 199676018.73$1,423
May 199678019.43$1,516
Apr 199684021.51$1,807
Mar 199678019.38$1,512
Feb 199687016.98$1,477
Jan 199682017.07$1,400
Dec 199580017.19$1,375
Nov 199579016.00$1,264
Oct 1995100015.43$1,543
Sep 199575016.18$1,214
Aug 199590015.92$1,433
Jul 199587015.24$1,326
Jun 199578016.41$1,280
May 199580017.56$1,405
Apr 199587017.73$1,543
Mar 199584016.44$1,381
Feb 199566016.58$1,094
Jan 199577015.92$1,226
Dec 199488015.03$1,323
Nov 199466015.90$1,049
Oct 199479015.58$1,231
Sep 199478115.29$1,193
Aug 199493116.13$1,500
Jul 199482117.56$1,440
Jun 199474117.09$1,265
May 199475115.88$1,191
Apr 199483114.14$1,174
Mar 199493112.46$1,159
Feb 1994109112.50$1,363
Jan 199473112.66$924
Dec 199386112.33$1,060
Nov 199395114.49$1,377
Oct 199384115.85$1,331
Sep 199393115.03$1,398
Aug 1993102115.66$1,597
Jul 1993111115.46$1,716
Jun 19939320716.79$1,561
May 199312020117.68$2,122
Apr 199311521518.05$2,076
Mar 19939519218.14$1,723
Feb 19938716017.90$1,557
Jan 199310819916.93$1,828

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 2026 — as filed, then multipliedworked
Oil                   41 bbl  × $ 98.93 =     $4,056
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $4,056

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/7344 is the state's own key, not one this site invented.