UNIVERSITY-AI

Operated by Q NATURAL RESOURCES, LLC (P-5 684427) in the MCELROY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8252District 08Field 59337001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 114 leases and 4,417 wells, and the rule below applies to all of them.

Discovered
1941-12-31
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 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: WAS STATED AS THE GRAYBURG SAN ANDRES DOLOMITE AT 3000FT.

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
OilDisposition276,452 bbl$11,600,176
Casinghead gasProduction205,535 Mcf$353,595
Total$11,953,772

122,382 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.

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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202449073.023.30$3,578
Dec 20230071.262.61$0
Nov 202349077.892.81$3,817
Oct 202383085.443.09$7,092
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 2023178078.122.24$13,905
Mar 2023157072.852.39$11,437
Feb 2023165075.112.47$12,393
Jan 20230076.533.39$0
Dec 2022256076.415.73$19,561
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022166084.888.16$14,090
Aug 20220094.529.13$0
Jul 20222050101.587.54$20,824
Jun 202200115.097.98$0
May 20221740109.378.43$19,030
Apr 20221330104.226.84$13,861
Mar 202200108.885.08$0
Feb 2022135091.054.86$12,292
Jan 2022138081.844.54$11,294
Dec 2021268071.323.90$19,114
Nov 2021134077.435.24$10,376
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 2021270050.412.81$13,611
Dec 2020134044.642.68$5,982
Nov 2020138038.772.71$5,350
Oct 2020133036.972.48$4,917
Sep 2020266037.091.99$9,866
Aug 20200039.982.39$0
Jul 2020277038.371.83$10,628
Jun 2020575034.901.69$20,068
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020306030.341.86$9,284
Feb 2020155049.881.98$7,731
Jan 2020135057.252.09$7,729
Dec 2019268059.012.30$15,815
Nov 2019270055.302.75$14,931
Oct 2019270053.472.42$14,437
Sep 2019283055.052.66$15,579
Aug 2019142053.112.30$7,542
Jul 2019425056.272.46$23,915
Jun 2019150052.782.49$7,917
May 2019293058.482.74$17,135
Apr 2019292262.632.75$18,293
Mar 2019291056.803.06$16,529
Feb 2019270050.852.79$13,730
Jan 2019145046.033.23$6,674
Dec 2018278046.594.19$12,952
Nov 2018253052.934.24$13,391
Oct 2018143061.443.40$8,786
Sep 2018527359.543.11$31,387
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018286065.382.90$18,699
Apr 2018158863.842.90$10,110
Mar 20181491561.222.79$9,164
Feb 20183173461.782.77$19,678
Jan 2018166062.874.01$10,436
Dec 2017146157.272.92$8,364
Nov 20173191655.423.12$17,729
Oct 20171572049.292.98$7,798
Sep 20173121947.523.09$14,885
Aug 20172992145.373.00$13,629
Jul 2017636343.873.09$27,911
Jun 201701942.493.09$59
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017161046.772.98$7,530
Feb 2017301050.452.95$15,185
Jan 20170049.413.42$0
Dec 2016300048.763.72$14,628
Nov 2016162042.492.64$6,883
Oct 2016155046.193.09$7,159
Sep 2016320041.553.10$13,296
Aug 2016158041.442.92$6,548
Jul 20166358141.622.92$26,666
Jun 201661711345.352.69$28,284
May 201630217042.521.99$13,180
Apr 2016627036.561.99$22,923
Mar 201648316433.011.79$16,238
Feb 201680312726.472.06$21,517
Jan 20163258927.352.36$9,099
Dec 20159693932.362.00$31,435
Nov 2015152538.792.17$5,907
Oct 2015302043.552.43$13,152
Sep 201532212642.992.76$14,190
Aug 201548710040.162.87$19,845
Jul 201548615348.152.95$23,852
Jun 2015430056.152.88$24,145
May 2015473055.212.96$26,114
Apr 2015317049.822.71$15,793
Mar 2015499042.892.93$21,402
Feb 20156423444.662.98$28,773
Jan 2015468243.433.10$20,331
Dec 20143043454.693.59$16,748
Nov 2014833070.464.25$58,693
Oct 2014461078.303.90$36,096
Sep 2014480086.164.05$41,357
Aug 2014628289.394.04$56,145
Jul 20143121896.564.18$30,202
Jun 2014612198.164.74$60,079
May 20149972494.734.73$94,559
Apr 20146573595.944.81$63,201
Mar 20146453395.895.06$62,016
Feb 20143208097.406.19$31,663
Jan 2014624090.404.86$56,410
Dec 2013622091.824.35$57,112
Nov 20136369788.853.74$56,871
Oct 201361511097.423.78$60,329
Sep 201345978104.113.72$48,076
Aug 2013933128104.253.52$97,716
Jul 2013620141102.523.72$64,087
Jun 201378019194.403.93$74,383
May 201360914294.834.15$58,341
Apr 201377915893.964.28$73,871
Mar 201345816093.623.91$43,504
Feb 201375615991.233.42$69,514
Jan 201375120791.603.42$69,500
Dec 201258318986.773.42$51,233
Nov 201276320986.953.62$67,100
Oct 201274119289.383.40$66,883
Sep 201276822494.672.92$73,360
Aug 201288822392.662.91$82,931
Jul 201277418385.133.02$66,443
Jun 201277117779.822.52$61,987
May 201263720991.612.49$58,876
Apr 2012943207101.652.00$96,269
Mar 2012743205105.052.22$78,508
Feb 2012814160101.102.57$82,707
Jan 201291119298.092.73$89,885
Dec 201177118996.873.24$75,299
Nov 201176320895.723.31$73,723
Oct 201187019184.983.65$74,629
Sep 201187622583.623.99$74,148
Aug 201198523883.404.15$83,137
Jul 201159222194.144.52$56,729
Jun 201174419292.904.64$70,008
May 201189221998.134.40$88,497
Apr 201173596105.964.33$78,297
Mar 201188720296.364.06$86,291
Feb 201157014685.644.18$49,425
Jan 201170621186.504.59$62,037
Dec 201071821185.734.35$62,472
Nov 201085921080.843.80$70,239
Oct 201085720978.103.51$67,665
Sep 201086920072.633.98$63,911
Aug 201085721173.684.42$64,076
Jul 201057411472.554.74$42,184
Jun 201072013170.364.91$51,302
May 201085416171.124.24$61,418
Apr 201084116481.694.12$69,377
Mar 201072719378.394.39$57,837
Feb 201083517673.585.44$62,397
Jan 201065121774.365.96$49,703
Dec 200983721771.445.48$60,985
Nov 200971421674.593.75$54,068
Oct 200970018572.544.11$51,538
Sep 200956117365.543.06$37,298
Aug 200984021967.423.22$57,338
Jul 200955720461.133.46$34,756
Jun 200992521966.163.90$62,051
May 200984121854.743.93$46,892
Apr 200987923246.773.59$41,943
Mar 200990118542.144.06$38,719
Feb 200977524632.814.63$26,567
Jan 200987740535.865.37$33,624
Dec 200897137537.105.98$38,266
Nov 200880829555.496.86$46,860
Oct 200888433275.246.92$68,810
Sep 2008739238101.767.88$77,075
Aug 2008869251114.228.48$101,386
Jul 20081,000280131.0811.39$134,269
Jun 2008901307131.3313.03$122,329
May 2008757263123.1711.57$96,284
Apr 2008968312110.3110.45$110,042
Mar 2008802240101.909.66$84,043
Feb 200887530092.538.77$83,595
Jan 200897032890.388.21$90,360
Dec 200795230088.337.30$86,281
Nov 200768929791.677.29$65,326
Oct 200795234582.856.92$81,261
Sep 200784734575.846.24$66,391
Aug 200787631569.066.39$62,509
Jul 200791232270.906.39$66,718
Jun 200793230762.007.55$60,101
May 200786033258.747.85$53,121
Apr 200787925359.617.81$54,372
Mar 200797433556.927.30$57,886
Feb 200783028455.108.22$48,066
Jan 200762232850.306.73$33,493
Dec 200697933856.656.92$57,799
Nov 200686318354.207.62$48,169
Oct 200669831554.906.01$40,215
Sep 200688432860.085.04$54,763
Aug 200680137268.717.34$57,767
Jul 200692843369.376.34$67,122
Jun 200682422066.286.38$56,019
May 200691517266.016.42$61,504
Apr 200682237864.397.36$55,711
Mar 200696325056.707.08$56,373
Feb 200686636457.597.75$52,694
Jan 20068926960.598.93$54,663
Dec 200579536454.9413.42$48,561
Nov 200595939254.6910.59$56,598
Oct 20051,15141158.3413.80$72,819
Sep 200575233561.4512.08$50,257
Aug 200580137961.519.80$52,983
Jul 200569037755.697.84$41,383
Jun 200581437052.337.38$45,328
May 200586940145.226.65$41,963
Apr 200592038549.207.36$48,098
Mar 200579038250.377.15$42,525
Feb 200580336345.226.31$38,603
Jan 200583642643.166.32$38,775
Dec 200487442039.866.75$37,673
Nov 200486940145.286.33$41,887
Oct 200474841049.706.52$39,847
Sep 200484540143.245.28$38,657
Aug 200482738742.375.55$37,188
Jul 200480142738.286.08$33,260
Jun 200482143936.106.43$32,462
May 200499145037.486.49$40,065
Apr 200488644234.475.86$33,130
Mar 200491944534.365.53$34,038
Feb 200483041632.455.51$29,226
Jan 200489945332.036.30$31,649
Dec 20031,05944730.266.30$34,862
Nov 200372039628.804.60$22,556
Oct 200383642628.174.76$25,578
Sep 200379842626.314.75$23,019
Aug 200379644629.765.13$25,977
Jul 200380645629.415.17$26,062
Jun 200384347728.565.98$26,930
May 200386246226.595.97$25,680
Apr 200395246426.675.41$27,899
Mar 200354248131.146.10$19,810
Feb 200372446433.487.93$27,917
Jan 200385049030.315.58$28,499
Dec 200280447626.914.85$23,946
Nov 200264739624.664.14$17,593
Oct 200279739926.464.23$22,776
Sep 200263646827.443.64$19,153
Aug 200297430325.963.16$26,244
Jul 200267336524.583.06$17,660
Jun 200272749323.733.34$18,897
May 200285755824.663.58$23,133
Apr 200291653923.653.51$23,557
Mar 200287355022.003.10$20,913
Feb 200288348418.222.38$17,238
Jan 200299347317.172.38$18,174
Dec 200194448216.932.36$17,122
Nov 200188452118.072.41$17,227
Oct 200182043819.782.53$17,327
Sep 200168636024.262.25$17,453
Aug 200169847224.873.05$18,800
Jul 200187058623.933.20$22,693
Jun 200186451624.563.82$23,193
May 200162213825.524.31$16,468
Apr 200164813024.685.34$16,686
Mar 20014454124.545.38$11,141
Feb 20015191927.755.77$14,512
Jan 200150116627.478.40$15,157
Dec 200038521226.889.12$12,283
Nov 200034718432.215.66$12,218
Oct 200042321531.235.15$14,317
Sep 200047323431.875.19$16,288
Aug 20004339029.644.54$13,243
Jul 200040312028.534.09$11,988
Jun 200051321529.304.40$15,976
May 200043312227.263.68$12,253
Apr 200037044624.513.12$10,458
Mar 200036135928.422.86$11,286
Feb 200038739127.622.73$11,755
Jan 200044144325.272.48$12,243
Dec 199938847624.282.42$10,574
Nov 199946558023.192.43$12,195
Oct 199953165420.982.80$12,974
Sep 199939163221.752.62$10,159
Aug 199934371319.262.88$8,656
Jul 199946281417.892.37$10,196
Jun 199936655015.942.36$7,133
May 199951557515.792.32$9,466
Apr 199929348815.102.21$5,502
Mar 199934256612.471.84$5,305
Feb 19994255549.981.82$5,249
Jan 199925359310.381.90$3,753
Dec 19983855489.201.77$4,514
Nov 199899250210.892.19$11,900
Oct 199842355212.421.97$6,341
Sep 199839256012.592.08$6,102
Aug 199839856311.301.91$5,571
Jul 199829963411.742.24$4,929
Jun 199817359711.242.24$3,280
May 199860891112.622.21$9,683
Apr 19988641,09413.042.51$14,007
Mar 19981,0791,07812.802.31$16,301
Feb 19989671,03113.952.30$15,860
Jan 19981,0781,19014.702.15$18,411
Dec 19979961,19416.322.41$19,134
Nov 19971,1271,12218.193.09$23,965
Oct 199799799419.253.15$22,323
Sep 19971,3091,17517.742.95$26,694
Aug 19971,1601,31717.862.55$24,082
Jul 19971,5321,15417.582.25$29,526
Jun 19971,4251,25017.242.26$27,389
May 19971,4831,71818.972.31$32,099
Apr 19979721,30517.882.08$20,097
Mar 19971,2501,45418.951.94$26,507
Feb 19971,2151,44820.492.21$28,089
Jan 19971,1361,56023.483.54$32,195
Dec 19961,3711,67023.32$31,972
Nov 19961,2181,59121.97$26,759
Oct 19961,4981,89223.31$34,918
Sep 19961,4451,40322.22$32,108
Aug 19961,6581,90320.26$33,591
Jul 19961,6222,05119.55$31,710
Jun 19961,5541,93618.73$29,106
May 19961,7122,28619.43$33,264
Apr 19961,6812,26321.51$36,158
Mar 19961,5432,29319.38$29,903
Feb 19961,4522,09816.98$24,655
Jan 19961,6392,33317.07$27,978
Dec 19951,6812,21617.19$28,896
Nov 19951,6802,88516.00$26,880
Oct 19951,9912,66015.43$30,721
Sep 19951,5962,36716.18$25,823
Aug 19951,8302,75915.92$29,134
Jul 19951,7702,61515.24$26,975
Jun 19951,7712,01416.41$29,062
May 19951,7972,05717.56$31,555
Apr 19951,8912,21617.73$33,527
Mar 19951,9532,05616.44$32,107
Feb 19951,6132,30716.58$26,744
Jan 19951,6812,49615.92$26,762
Dec 19941,9352,63915.03$29,083
Nov 19941,8592,64015.90$29,558
Oct 19941,9302,66915.58$30,069
Sep 19941,7452,73715.29$26,681
Aug 19942,0132,92416.13$32,470
Jul 19941,9502,82717.56$34,242
Jun 19941,6712,84717.09$28,557
May 19942,0772,72915.88$32,983
Apr 19941,9582,87114.14$27,686
Mar 19942,1212,96712.46$26,428
Feb 19941,8512,47512.50$23,138
Jan 19941,7852,88512.66$22,598
Dec 19931,8942,83912.33$23,353
Nov 19931,8282,80414.49$26,488
Oct 19932,0633,01915.85$32,699
Sep 19932,0722,94515.03$31,142
Aug 19932,1593,24415.66$33,810
Jul 19932,1743,25515.46$33,610
Jun 19932,3252,98216.79$39,037
May 19932,3293,03217.68$41,177
Apr 19932,5203,21918.05$45,486
Mar 19932,4553,21018.14$44,534
Feb 19932,1932,97017.90$39,255
Jan 19932,8253,28616.93$47,827

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.

Jan 2024 — as filed, then multipliedworked
Oil                   49 bbl  × $ 73.02 =     $3,578
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                   $3,578

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/8252 is the state's own key, not one this site invented.