UNIVERSITY -H-

Operated by HOME PETROLEUM CORP. (P-5 396852) in the MCFARLAND (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9840District 08Field 59419664Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.0 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 36 leases and 620 wells, and the rule below applies to all of them.

Discovered
1955-05-08
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 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.

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
OilDisposition98,314 bbl$2,997,041
Casinghead gasProduction3,699 Mcf$0
Total$2,997,041

3,699 Mcf of this lease's gas, across 38 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 (6)

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 32.4312, -102.4568. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.43130, -102.45693 · 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
66.7%
4 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
4,943 ft
4 wells filed one
Completion to plug
49.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
466.7%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
NeitherNo plug date, and not on the schedule.
233.3%

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 4,882 and 5,000 ft, median 4,943 ft, over the 4 wells that filed a depth.

Completions filed
Aug 1960 – Jun 1994
3 of 6 wells; 3 filed none
Plug dates filed
Feb 1994 – Aug 2009
2 of 6 wells; 4 filed none

Last completion to plug: a median of 49.0 years across the 1 well that filed both dates, with the middle half between 49.0 years and 49.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-0030071524,882 ftFeb 1994Yes
42-003817161WYes
42-003817194WYes
42-0033748265,000 ftJun 1994
42-0033731155,000 ftOct 1993
42-0030784234,885 ftAug 1960Aug 2009Yes

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 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 2024158078.812.20$12,452
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023151085.443.09$12,901
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 2023153078.122.24$11,952
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022139076.415.73$10,621
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221570101.587.54$15,948
Jun 202200115.097.98$0
May 20221530109.378.43$16,734
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022146091.054.86$13,293
Jan 20220081.844.54$0
Dec 2021153071.323.90$10,912
Nov 20210077.435.24$0
Oct 2021154079.795.71$12,288
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021150070.783.98$10,617
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021124060.362.76$7,485
Mar 20210061.302.72$0
Feb 2021170057.805.55$9,826
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020170038.772.71$6,591
Oct 20200036.972.48$0
Sep 2020179037.091.99$6,639
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020159034.901.69$5,549
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020165030.341.86$5,006
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019175059.012.30$10,327
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019159055.052.66$8,753
Aug 20190053.112.30$0
Jul 2019162056.272.46$9,116
Jun 20190052.782.49$0
May 2019159058.482.74$9,298
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019168050.852.79$8,543
Jan 20190046.033.23$0
Dec 2018175046.594.19$8,153
Nov 20180052.934.24$0
Oct 2018155061.443.40$9,523
Sep 20180059.543.11$0
Aug 2018167059.403.07$9,920
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018164065.382.90$10,722
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018182061.782.77$11,244
Jan 20180062.874.01$0
Dec 2017169057.272.92$9,679
Nov 20170055.423.12$0
Oct 2017165049.292.98$8,133
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017167043.873.09$7,326
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017159047.933.21$7,621
Mar 20170046.772.98$0
Feb 2017166050.452.95$8,375
Jan 20170049.413.42$0
Dec 2016150048.763.72$7,314
Nov 20160042.492.64$0
Oct 2016171046.193.09$7,898
Sep 20160041.553.10$0
Aug 2016171041.442.92$7,086
Jul 20160041.622.92$0
Jun 2016169045.352.69$7,664
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016173033.011.79$5,711
Feb 20160026.472.06$0
Jan 2016156027.352.36$4,267
Dec 20150032.362.00$0
Nov 2015163038.792.17$6,323
Oct 20150043.552.43$0
Sep 2015170042.992.76$7,308
Aug 20150040.162.87$0
Jul 2015168048.152.95$8,089
Jun 2015167056.152.88$9,377
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015168042.892.93$7,206
Feb 2015168044.662.98$7,503
Jan 2015172043.433.10$7,470
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014172078.303.90$13,468
Sep 20140086.164.05$0
Aug 2014156089.394.04$13,945
Jul 20140096.564.18$0
Jun 2014185098.164.74$18,160
May 20140094.734.73$0
Apr 2014168095.944.81$16,118
Mar 20140095.895.06$0
Feb 2014172097.406.19$16,753
Jan 2014162090.404.86$14,645
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013167097.423.78$16,269
Sep 201300104.113.72$0
Aug 20131730104.253.52$18,035
Jul 201300102.523.72$0
Jun 2013168094.403.93$15,859
May 20130094.834.15$0
Apr 2013166093.964.28$15,597
Mar 20130093.623.91$0
Feb 2013167091.233.42$15,235
Jan 2013166091.603.42$15,206
Dec 2012168086.773.42$14,577
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012172094.672.92$16,283
Aug 20120092.662.91$0
Jul 2012172085.133.02$14,642
Jun 2012170079.822.52$13,569
May 20120091.612.49$0
Apr 20121690101.652.00$17,179
Mar 20121680105.052.22$17,648
Feb 201200101.102.57$0
Jan 2012135098.092.73$13,242
Dec 2011169096.873.24$16,371
Nov 2011160095.723.31$15,315
Oct 2011155084.983.65$13,172
Sep 20110083.623.99$0
Aug 2011172083.404.15$14,345
Jul 2011174094.144.52$16,380
Jun 20110092.904.64$0
May 2011179098.134.40$17,565
Apr 20111730105.964.33$18,331
Mar 2011172096.364.06$16,574
Feb 20110085.644.18$0
Jan 2011345086.504.59$29,843
Dec 20100085.734.35$0
Nov 2010308080.843.80$24,899
Oct 20100078.103.51$0
Sep 2010167072.633.98$12,129
Aug 2010174073.684.42$12,820
Jul 20100072.554.74$0
Jun 2010172070.364.91$12,102
May 2010173071.124.24$12,304
Apr 2010169081.694.12$13,806
Mar 2010172078.394.39$13,483
Feb 2010171073.585.44$12,582
Jan 2010168074.365.96$12,492
Dec 20090071.445.48$0
Nov 2009172074.593.75$12,829
Oct 2009174072.544.11$12,622
Sep 2009173065.543.06$11,338
Aug 2009359067.423.22$24,204
Jul 20090061.133.46$0
Jun 2009174066.163.90$11,512
May 2009178054.743.93$9,744
Apr 2009173046.773.59$8,091
Mar 2009192042.144.06$8,091
Feb 2009173032.814.63$5,676
Jan 2009363035.865.37$13,017
Dec 2008343037.105.98$12,725
Nov 20080055.496.86$0
Oct 2008173075.246.92$13,017
Sep 200800101.767.88$0
Aug 20081720114.228.48$19,646
Jul 20081730131.0811.39$22,677
Jun 200800131.3313.03$0
May 20081720123.1711.57$21,185
Apr 20081740110.3110.45$19,194
Mar 200800101.909.66$0
Feb 2008185092.538.77$17,118
Jan 20080090.388.21$0
Dec 2007168088.337.30$14,839
Nov 2007174091.677.29$15,951
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007168069.066.39$11,602
Jul 20070070.906.39$0
Jun 2007168062.007.55$10,416
May 2007168058.747.85$9,868
Apr 20070059.617.81$0
Mar 2007164056.927.30$9,335
Feb 2007170055.108.22$9,367
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006170054.207.62$9,214
Oct 2006176054.906.01$9,662
Sep 20060060.085.04$0
Aug 2006180068.717.34$12,368
Jul 2006177069.376.34$12,278
Jun 20061066.286.38$66
May 2006174066.016.42$11,486
Apr 2006172064.397.36$11,075
Mar 20060056.707.08$0
Feb 2006173057.597.75$9,963
Jan 20060060.598.93$0
Dec 2005172054.9413.42$9,450
Nov 2005174054.6910.59$9,516
Oct 2005172058.3413.80$10,034
Sep 2005174061.4512.08$10,692
Aug 2005172061.519.80$10,580
Jul 2005158055.697.84$8,799
Jun 2005346052.337.38$18,106
May 20050045.226.65$0
Apr 2005348049.207.36$17,122
Mar 2005173050.377.15$8,714
Feb 2005354045.226.31$16,008
Jan 2005172043.166.32$7,424
Dec 2004331039.866.75$13,194
Nov 2004179045.286.33$8,105
Oct 2004357049.706.52$17,743
Sep 2004528043.245.28$22,831
Aug 2004176042.375.55$7,457
Jul 2004352038.286.08$13,475
Jun 2004177036.106.43$6,390
May 2004351037.486.49$13,155
Apr 2004177034.475.86$6,101
Mar 2004352034.365.53$12,095
Feb 2004177032.455.51$5,744
Jan 2004174032.036.30$5,573
Dec 2003176030.266.30$5,326
Nov 2003347028.804.60$9,994
Oct 2003178028.174.76$5,014
Sep 2003365026.314.75$9,603
Aug 2003177029.765.13$5,268
Jul 2003358029.415.17$10,529
Jun 2003183028.565.98$5,226
May 2003362026.595.97$9,626
Apr 2003362026.675.41$9,655
Mar 2003176031.146.10$5,481
Feb 2003364033.487.93$12,187
Jan 2003186030.315.58$5,638
Dec 2002182026.914.85$4,898
Nov 2002359024.664.14$8,853
Oct 2002365026.464.23$9,658
Sep 2002181027.443.64$4,967
Aug 2002357025.963.16$9,268
Jul 2002359024.583.06$8,824
Jun 2002367023.733.34$8,709
May 2002180024.663.58$4,439
Apr 2002353023.653.51$8,348
Mar 2002365022.003.10$8,030
Feb 2002371018.222.38$6,760
Jan 2002366017.172.38$6,284
Dec 2001364016.932.36$6,163
Nov 2001367018.072.41$6,632
Oct 2001372019.782.53$7,358
Sep 2001367024.262.25$8,903
Aug 2001366024.873.05$9,102
Jul 2001371023.933.20$8,878
Jun 2001370024.563.82$9,087
May 2001374025.524.31$9,544
Apr 2001369024.685.34$9,107
Mar 2001368024.545.38$9,031
Feb 2001364027.755.77$10,101
Jan 2001355027.478.40$9,752
Dec 2000334026.889.12$8,978
Nov 2000553032.215.66$17,812
Oct 2000372031.235.15$11,618
Sep 2000353031.875.19$11,250
Aug 2000365029.644.54$10,819
Jul 2000557028.534.09$15,891
Jun 2000369029.304.40$10,812
May 2000374027.263.68$10,195
Apr 2000371024.513.12$9,093
Mar 2000374028.422.86$10,629
Feb 2000534027.622.73$14,749
Jan 2000553025.272.48$13,974
Dec 1999563024.282.42$13,670
Nov 1999568023.192.43$13,172
Oct 1999547020.982.80$11,476
Sep 1999378021.752.62$8,222
Aug 1999378019.262.88$7,280
Jul 1999570017.892.37$10,197
Jun 1999575015.942.36$9,166
May 1999391015.792.32$6,174
Apr 1999401015.102.21$6,055
Mar 1999566012.471.84$7,058
Feb 199935109.981.82$3,503
Jan 1999548010.381.90$5,688
Dec 199855709.201.77$5,124
Nov 1998387010.892.19$4,214
Oct 1998548012.421.97$6,806
Sep 1998381012.592.08$4,797
Aug 1998561011.301.91$6,339
Jul 1998504011.742.24$5,917
Jun 1998543011.242.24$6,103
May 1998349012.622.21$4,404
Apr 1998540013.042.51$7,042
Mar 1998512012.802.31$6,554
Feb 1998531013.952.30$7,407
Jan 1998492014.702.15$7,232
Dec 1997528016.322.41$8,617
Nov 1997539018.193.09$9,804
Oct 1997545019.253.15$10,491
Sep 1997566017.742.95$10,041
Aug 1997729017.862.55$13,020
Jul 1997357017.582.25$6,276
Jun 1997560017.242.26$9,654
May 1997746018.972.31$14,152
Apr 1997391017.882.08$6,991
Mar 1997730018.951.94$13,834
Feb 1997531020.492.21$10,880
Jan 1997737023.483.54$17,305
Dec 1996731023.32$17,047
Nov 1996704021.97$15,467
Oct 1996727023.31$16,946
Sep 1996757022.22$16,821
Aug 1996743020.26$15,053
Jul 1996680019.55$13,294
Jun 19963018.73$56
May 1996731019.43$14,203
Apr 1996376021.51$8,088
Mar 1996906019.38$17,558
Feb 1996354616.98$6,011
Jan 19967546317.07$12,871
Dec 19957672017.19$13,185
Nov 19957225016.00$11,552
Oct 19957534015.43$11,619
Sep 19957983216.18$12,912
Aug 19957585715.92$12,067
Jul 19957365015.24$11,217
Jun 19957419716.41$12,160
May 19951,4929517.56$26,200
Apr 199537011017.73$6,560
Mar 19951,15522916.44$18,988
Feb 199577123016.58$12,783
Jan 19951,17325515.92$18,674
Dec 19941,49818615.03$22,515
Nov 19941,11415415.90$17,713
Oct 19941,13614215.58$17,699
Sep 199478921115.29$12,064
Aug 19941,57731316.13$25,437
Jul 19941,45035017.56$25,462
Jun 19941,89827517.09$32,437
May 199472319615.88$11,481
Apr 19941,06411014.14$15,045
Mar 19941,08315912.46$13,494
Feb 199474714412.50$9,338
Jan 19941,46310012.66$18,522
Dec 19931,1491412.33$14,167
Nov 19931,869114.49$27,082
Oct 19931,868115.85$29,608
Sep 1993197115.03$2,961
Aug 19932115.66$31
Jul 1993358115.46$5,535
Jun 199310116.79$168
May 19932117.68$35
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$0

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.

May 2024 — as filed, then multipliedworked
Oil                  158 bbl  × $ 78.81 =    $12,452
Casinghead gas         0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                  $12,452

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/9840 is the state's own key, not one this site invented.