STATE UNIVERSITY -AO-

Operated by XTO ENERGY INC. (P-5 945936) in the UNIVERSITY BLOCK 9 (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8898District 08Field 92534250OilCasinghead gasSave
Value, all time
$29.1 M
Jan 1993 – Apr 2009
Value, last 12 filed months
$4.8 M
at the published price for each month
Months reported
196
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition832,601 bbl$27,165,727
Casinghead gasProduction422,795 Mcf$1,965,076
Total$29,130,802

21,655 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 (8)

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 32.2057, -102.5820. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.20710, -102.58351 · 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
62.5%
5 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
10,653 ft
8 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
562.5%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
NeitherNo plug date, and not on the schedule.
337.5%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 10,653 ft, with the middle half between 10,600 and 10,703 ft; the shallowest is 10,593 ft and the deepest 12,279 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

10s
20s

Last completion by decade, 7 of 8 wells, Dec 2010 – Dec 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 2010 – Dec 2021
7 of 8 wells; 1 filed none
Plug dates filed
Aug 2002
1 of 8 wells; 7 filed none

8 wells

42-00302886410,600 ftAug 2002Yes
42-003382021010,713 ftDec 2021Yes
42-003382711110,695 ftDec 2016Yes
42-00302919710,593 ftSep 2016
42-00302521110,610 ftJan 2016
42-003383201210,700 ftAug 2012Yes
42-003029156 L10,600 ftJun 2012Yes
42-003383621412,279 ftDec 2010

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 (196)

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

196 months

Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 200811,52810,27437.105.98$489,098
Nov 20086,5237,37255.496.86$412,536
Oct 20086,5897,74975.246.92$549,395
Sep 20085,3663,011101.767.88$569,762
Aug 20085,8584,394114.228.48$706,375
Jul 20084,2023,868131.0811.39$594,852
Jun 20084,8665,016131.3313.03$704,423
May 20085,5724,793123.1711.57$741,779
Apr 20085,3804,869110.3110.45$644,373
Mar 20086,3205,390101.909.66$696,097
Feb 20085,1484,36292.538.77$514,602
Jan 20086,6733,87790.388.21$634,919
Dec 20076,1254,18488.337.30$571,573
Nov 20074,0773,29991.677.29$397,794
Oct 20077,3444,39282.856.92$638,852
Sep 20076,9473,44675.846.24$548,378
Aug 20077,2613,53669.066.39$524,032
Jul 20078,7934,97070.906.39$655,172
Jun 20075,3512,70862.007.55$352,203
May 20074,5433,55058.747.85$294,710
Apr 20074,4863,71859.617.81$296,430
Mar 20075,5404,11856.927.30$345,406
Feb 20075,2513,22855.108.22$315,851
Jan 20075,5693,65350.306.73$304,694
Dec 20067,7434,98956.656.92$473,157
Nov 20066,5883,51954.207.62$383,876
Oct 20062,8072,21754.906.01$167,437
Sep 20062,5712,12260.085.04$165,155
Aug 20062,9092,47168.717.34$218,014
Jul 20062,9071,98569.376.34$214,249
Jun 20063,0732,07366.286.38$216,912
May 20062,9132,28066.016.42$206,936
Apr 20062,1331,48564.397.36$148,274
Mar 20062,4291,42556.707.08$147,817
Feb 20062,3071,26857.597.75$142,689
Jan 20062,7331,92060.598.93$182,744
Dec 20053,1872,07054.9413.42$202,864
Nov 20051,6791,03954.6910.59$102,826
Oct 20052,0301,35758.3413.80$137,151
Sep 20051,57280161.4512.08$106,275
Aug 20051,7051,06561.519.80$115,308
Jul 20051,6401,25355.697.84$101,160
Jun 20051,6481,21952.337.38$95,237
May 20051,7491,26345.226.65$87,490
Apr 20051,48573449.207.36$78,465
Mar 20051,59689350.377.15$86,780
Feb 20051,30969245.226.31$63,561
Jan 20051,42277143.166.32$66,248
Dec 20041,45888739.866.75$64,104
Nov 20041,03766745.286.33$51,178
Oct 200485358649.706.52$46,212
Sep 200442652643.245.28$21,200
Aug 20042,2921,76342.375.55$106,898
Jul 20041,31169338.286.08$54,401
Jun 20041,17261036.106.43$46,233
May 20041,73192537.486.49$70,885
Apr 20041,39383434.475.86$52,903
Mar 20041,70894734.365.53$63,924
Feb 20042,01895132.455.51$70,724
Jan 20042,2371,07632.036.30$78,430
Dec 20032,1301,01430.266.30$70,844
Nov 20032,25797628.804.60$69,486
Oct 20032,4341,16028.174.76$74,087
Sep 20032,0531,08426.314.75$59,163
Aug 20032,4091,52929.765.13$79,535
Jul 20032,2821,04229.415.17$72,502
Jun 20032,05589628.565.98$64,052
May 20031,55976926.595.97$46,047
Apr 20031,73470826.675.41$50,074
Mar 20031,54258331.146.10$51,572
Feb 20031,72996433.487.93$65,527
Jan 20032,7111,80330.315.58$92,235
Dec 20022,9352,16026.914.85$89,465
Nov 20023,2842,04524.664.14$89,444
Oct 20023,0412,04626.464.23$89,118
Sep 20023,0542,19927.443.64$91,796
Aug 20023,3292,24925.963.16$93,537
Jul 20023,6712,44224.583.06$97,710
Jun 20023,6592,28123.733.34$94,443
May 20023,9071,91224.663.58$103,199
Apr 20023,6881,72223.653.51$93,269
Mar 20024,2592,19022.003.10$100,493
Feb 20024,2951,54518.222.38$81,925
Jan 20025,0752,15617.172.38$92,260
Dec 20014,5612,33316.932.36$82,734
Nov 20013,5051,69018.072.41$67,401
Oct 20014,3931,62919.782.53$91,013
Sep 20014,3832,06424.262.25$110,978
Aug 20014,2041,91524.873.05$110,400
Jul 20014,4072,05323.933.20$112,023
Jun 20014,5842,09824.563.82$120,606
May 20014,5802,03425.524.31$125,643
Apr 20013,1691,31224.685.34$85,211
Mar 20012,65081124.545.38$69,391
Feb 20012,71890927.755.77$80,667
Jan 20012,63546827.478.40$76,314
Dec 20002,19661926.889.12$64,675
Nov 20002,35498032.215.66$81,367
Oct 20003,7271,27031.235.15$122,929
Sep 20006,2633,11131.875.19$215,737
Aug 20006,7143,59829.644.54$215,341
Jul 20006,8393,90128.534.09$211,071
Jun 20006,5223,60429.304.40$206,942
May 20008,1904,66027.263.68$240,407
Apr 20008,3954,31724.513.12$219,213
Mar 20008,3094,39128.422.86$248,699
Feb 20008,8444,56927.622.73$256,729
Jan 200010,8135,33625.272.48$286,480
Dec 199910,1274,75524.282.42$257,408
Nov 199911,3985,59423.192.43$277,935
Oct 199912,7905,57820.982.80$283,973
Sep 19998,7153,18121.752.62$197,882
Aug 199910,8155,44619.262.88$223,957
Jul 199911,4935,52017.892.37$218,705
Jun 199911,9105,80615.942.36$203,560
May 199912,5505,34915.792.32$210,580
Apr 199913,8364,80415.102.21$219,531
Mar 199916,1875,12212.471.84$211,268
Feb 199911,6795,0019.981.82$125,647
Jan 199915,6015,41410.381.90$172,225
Dec 199814,9705,9239.201.77$148,227
Nov 19986,5602,00710.892.19$75,825
Oct 199813,5805,12412.421.97$178,754
Sep 199813,3565,78812.592.08$180,206
Aug 199813,9156,26711.301.91$169,193
Jul 199815,3936,94111.742.24$196,243
Jun 199818,3327,90411.242.24$223,735
May 199812,8265,73412.622.21$174,515
Apr 199812,4935,36913.042.51$176,360
Mar 199814,5176,09012.802.31$199,882
Feb 199814,1326,37613.952.30$211,801
Jan 199812,7534,39514.702.15$196,939
Dec 199710,2783,41116.322.41$175,961
Nov 19976,9012,44318.193.09$133,074
Oct 19973,9831,36619.253.15$80,975
Sep 19974,7871,71017.742.95$89,974
Aug 19973,5684517.862.55$63,839
Jul 19972,9511,13217.582.25$54,422
Jun 19972,44890217.242.26$44,240
May 19971,95245818.972.31$38,087
Apr 19972,01368117.882.08$37,411
Mar 19971,94134018.951.94$37,441
Feb 19971,58136120.492.21$33,191
Jan 19971,33050323.483.54$33,009
Dec 19961,29747623.32$30,246
Nov 199698337721.97$21,597
Oct 19961,24256923.31$28,951
Sep 19961,44685422.22$32,130
Aug 19961,06951420.26$21,658
Jul 19961,69946319.55$33,215
Jun 19961,20244618.73$22,513
May 19961,49349319.43$29,009
Apr 19961,34936621.51$29,017
Mar 19961,48445419.38$28,760
Feb 19961,22939416.98$20,868
Jan 19961,20343617.07$20,535
Dec 19951,41950217.19$24,393
Nov 19951,29243816.00$20,672
Oct 19951,30940915.43$20,198
Sep 19951,41749216.18$22,927
Aug 19951,55756515.92$24,787
Jul 19951,43356715.24$21,839
Jun 19951,17148316.41$19,216
May 19951,28949617.56$22,635
Apr 19951,16245617.73$20,602
Mar 199591615716.44$15,059
Feb 199593026116.58$15,419
Jan 199591625415.92$14,583
Dec 199492431515.03$13,888
Nov 199479121315.90$12,577
Oct 199491123615.58$14,193
Sep 199491733515.29$14,021
Aug 199491937716.13$14,823
Jul 199490143217.56$15,822
Jun 199490439217.09$15,449
May 199490138015.88$14,308
Apr 199489626514.14$12,669
Mar 19941,12836612.46$14,055
Feb 19941,46727112.50$18,338
Jan 199497441912.66$12,331
Dec 19931,48146412.33$18,261
Nov 19931,41345214.49$20,474
Oct 19931,44854815.85$22,951
Sep 19931,42953315.03$21,478
Aug 19931,43361315.66$22,441
Jul 19931,43263015.46$22,139
Jun 19931,40869216.79$23,640
May 19931,32057317.68$23,338
Apr 19931,44458218.05$26,064
Mar 19931,45256718.14$26,339
Feb 19931,94950817.90$34,887
Jan 19931,46157016.93$24,735

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.

Dec 2008 — as filed, then multipliedworked
Oil               11,528 bbl  × $ 37.10 =   $427,689
Casinghead gas    10,274 Mcf  × $  5.98 =    $61,409

────────────────────────────────────────────────────
Month total                                 $489,098

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/8898 is the state's own key, not one this site invented.