UNIVERSITY -A-

Operated by WHITING OIL AND GAS CORPORATION (P-5 920478) 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 7365District 08Field 95152001NGPA filingOilCasinghead gasSaveExport
Value, all time
$515 k
Jan 1993 – Feb 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
170
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition28,970 bbl$508,684
Casinghead gasProduction7,299 Mcf$5,858
Total$514,542

4,904 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 (9)

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 31.5185, -102.9830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.51823, -102.98329 · 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%
9 of 9 wells
With a plug date
100.0%
9 of 9 wells
Median depth
2,749 ft
9 wells filed one
Completion to plug
24.0 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
9100.0%
A plug date is filed
9100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
9100.0%
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

Total depth in feet, 9 of 9 wells. Median 2,749 ft, with the middle half between 2,735 and 2,800 ft; the shallowest is 2,715 ft and the deepest 3,100 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, 6 of 9 wells, Sep 1932 – Jul 1985. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1932 – Jul 1985
6 of 9 wells; 3 filed none
Plug dates filed
May 1974 – Sep 2005
9 of 9 wells

Last completion to plug: a median of 24.0 years across the 6 wells that filed both dates, with the middle half between 21.5 years and 40.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-475050023W2,715 ftMay 1974Yes
42-4758151663,100 ftNov 1980Yes
42-475815177W2,749 ftMay 1974Yes
42-47533645102,835 ftJul 1985Sep 2005Yes
42-4753355492,800 ftJan 1985Sep 2005Yes
42-4750500342,728 ftOct 1981Aug 2005Yes
42-4753218782,741 ftJul 1981Sep 2005Yes
42-4758151552,786 ftDec 1959Sep 2005Yes
42-4758151312,735 ftSep 1932Sep 2005Yes

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 (170)

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

170 months

Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005173058.3413.80$10,093
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200431045.286.33$1,404
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002165023.653.51$3,902
Mar 2002146022.003.10$3,212
Feb 20020018.222.38$0
Jan 2002143017.172.38$2,455
Dec 2001170016.932.36$2,878
Nov 2001168018.072.41$3,036
Oct 2001173019.782.53$3,422
Sep 20010024.262.25$0
Aug 2001173024.873.05$4,303
Jul 2001166023.933.20$3,972
Jun 20010024.563.82$0
May 200173025.524.31$1,863
Apr 20010024.685.34$0
Mar 200135124.545.38$864
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000126.889.12$9
Nov 20000132.215.66$6
Oct 2000192131.235.15$6,001
Sep 20000131.875.19$5
Aug 2000289129.644.54$8,571
Jul 20000128.534.09$4
Jun 2000184129.304.40$5,396
May 20000127.263.68$4
Apr 2000187124.513.12$4,586
Mar 20000128.422.86$3
Feb 2000185127.622.73$5,112
Jan 2000185125.272.48$4,677
Dec 1999185124.282.42$4,494
Nov 1999183123.192.43$4,246
Oct 1999186120.982.80$3,905
Sep 1999183121.752.62$3,983
Aug 1999179119.262.88$3,450
Jul 1999183117.892.37$3,276
Jun 19990115.942.36$2
May 1999183115.792.32$2,892
Apr 1999190115.102.21$2,871
Mar 1999187112.471.84$2,334
Feb 199918819.981.82$1,878
Jan 1999189110.381.90$1,964
Dec 199818719.201.77$1,722
Nov 1998187110.892.19$2,039
Oct 1998189112.421.97$2,349
Sep 199818515512.592.08$2,652
Aug 199836916811.301.91$4,490
Jul 199836816911.742.24$4,698
Jun 199818612611.242.24$2,373
May 199818915912.622.21$2,736
Apr 199837215713.042.51$5,244
Mar 199837316812.802.31$5,162
Feb 199819115713.952.30$3,025
Jan 199836317214.702.15$5,707
Dec 19971919716.322.41$3,351
Nov 19973764218.193.09$6,969
Oct 199719522019.253.15$4,447
Sep 199737032617.742.95$7,527
Aug 19973774717.862.55$6,853
Jul 199730619817.582.25$5,824
Jun 1997189117.242.26$3,261
May 1997371118.972.31$7,040
Apr 1997191117.882.08$3,417
Mar 1997380118.951.94$7,203
Feb 1997189120.492.21$3,875
Jan 1997379123.483.54$8,902
Dec 1996376123.32$8,768
Nov 1996190121.97$4,174
Oct 1996372123.31$8,671
Sep 1996368122.22$8,177
Aug 1996186120.26$3,768
Jul 1996373119.55$7,292
Jun 1996186118.73$3,484
May 1996185119.43$3,595
Apr 1996188121.51$4,044
Mar 1996376119.38$7,287
Feb 1996190116.98$3,226
Jan 1996193117.07$3,295
Dec 1995187117.19$3,215
Nov 1995367116.00$5,872
Oct 1995186115.43$2,870
Sep 1995377116.18$6,100
Aug 1995189115.92$3,009
Jul 1995370115.24$5,639
Jun 1995417116.41$6,843
May 1995186117.56$3,266
Apr 1995371117.73$6,578
Mar 1995380116.44$6,247
Feb 1995378116.58$6,267
Jan 1995378115.92$6,018
Dec 1994378115.03$5,681
Nov 1994376115.90$5,978
Oct 1994371115.58$5,780
Sep 1994373115.29$5,703
Aug 1994374116.13$6,033
Jul 1994370117.56$6,497
Jun 1994362117.09$6,187
May 1994549115.88$8,718
Apr 1994379614.14$5,359
Mar 19943729812.46$4,635
Feb 199419223612.50$2,400
Jan 199435027412.66$4,431
Dec 199356818912.33$7,003
Nov 199337828614.49$5,477
Oct 199337814015.85$5,991
Sep 19935599015.03$8,402
Aug 199336845315.66$5,763
Jul 199355834115.46$8,627
Jun 199354836416.79$9,201
May 199337631517.68$6,648
Apr 199356550618.05$10,198
Mar 199356050618.14$10,158
Feb 199357248017.90$10,239
Jan 199357858816.93$9,786

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.

Oct 2005 — as filed, then multipliedworked
Oil                  173 bbl  × $ 58.34 =    $10,093
Casinghead gas         0 Mcf  × $ 13.80 =         $0

────────────────────────────────────────────────────
Month total                                  $10,093

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/7365 is the state's own key, not one this site invented.