UNIVERSITY 2

Name: UNIVERSITY 2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VINSON EXPLORATION (P-5 886105) in the INGHAM (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 107403District 7CField 44558900Hydrogen sulphide fieldNGPA filingGasSave Export

Value, all time

$79 k

Jan 1993 – Apr 2013

Value, last 12 filed months

$347

at the published price for each month

Months reported

244

no gaps in the span

Streams

gas

The INGHAM (QUEEN) field

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 92 leases and 92 wells, and the rule below applies to all of them.

Discovered

1979-08-15

as the register files it

Field class

Gas

the register's own label

Between wells

1,600 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 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: “EFFECTIVE 11/01/82”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Gas	Production	29,639 Mcf	$78,941
Total			$78,941

11,320 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 (1)

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 30.6603, -101.5767. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66030, -101.57669 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

1,550 ft

1 wells filed one

Completion to plug

29.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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

The one well that filed a depth was drilled to 1,550 ft.

Completions filed

Sep 1983

1 of 1 wells

Plug dates filed

Apr 2013

1 of 1 wells

Last completion to plug: a median of 29.6 years across the 1 well that filed both dates, with the middle half between 29.6 years and 29.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10534598	3	1,550 ft	Sep 1983	Apr 2013	Yes

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 (244)

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

244 months


Apr 2013	0	93.96	4.28	$0
Mar 2013	0	93.62	3.91	$0
Feb 2013	0	91.23	3.42	$0
Jan 2013	0	91.60	3.42	$0
Dec 2012	0	86.77	3.42	$0
Nov 2012	0	86.95	3.62	$0
Oct 2012	0	89.38	3.40	$0
Sep 2012	0	94.67	2.92	$0
Aug 2012	29	92.66	2.91	$84
Jul 2012	40	85.13	3.02	$121
Jun 2012	15	79.82	2.52	$38
May 2012	42	91.61	2.49	$105
Apr 2012	26	101.65	2.00	$52
Mar 2012	29	105.05	2.22	$64
Feb 2012	35	101.10	2.57	$90
Jan 2012	47	98.09	2.73	$129
Dec 2011	43	96.87	3.24	$139
Nov 2011	30	95.72	3.31	$99
Oct 2011	48	84.98	3.65	$175
Sep 2011	39	83.62	3.99	$155
Aug 2011	44	83.40	4.15	$183
Jul 2011	40	94.14	4.52	$181
Jun 2011	43	92.90	4.64	$200
May 2011	54	98.13	4.40	$238
Apr 2011	37	105.96	4.33	$160
Mar 2011	47	96.36	4.06	$191
Feb 2011	31	85.64	4.18	$130
Jan 2011	55	86.50	4.59	$252
Dec 2010	46	85.73	4.35	$200
Nov 2010	43	80.84	3.80	$163
Oct 2010	57	78.10	3.51	$200
Sep 2010	59	72.63	3.98	$235
Aug 2010	60	73.68	4.42	$265
Jul 2010	60	72.55	4.74	$284
Jun 2010	19	70.36	4.91	$93
May 2010	44	71.12	4.24	$186
Apr 2010	49	81.69	4.12	$202
Mar 2010	64	78.39	4.39	$281
Feb 2010	40	73.58	5.44	$218
Jan 2010	53	74.36	5.96	$316
Dec 2009	56	71.44	5.48	$307
Nov 2009	54	74.59	3.75	$203
Oct 2009	35	72.54	4.11	$144
Sep 2009	25	65.54	3.06	$77
Aug 2009	10	67.42	3.22	$32
Jul 2009	20	61.13	3.46	$69
Jun 2009	21	66.16	3.90	$82
May 2009	61	54.74	3.93	$239
Apr 2009	60	46.77	3.59	$215
Mar 2009	32	42.14	4.06	$130
Feb 2009	24	32.81	4.63	$111
Jan 2009	64	35.86	5.37	$344
Dec 2008	42	37.10	5.98	$251
Nov 2008	54	55.49	6.86	$370
Oct 2008	64	75.24	6.92	$443
Sep 2008	54	101.76	7.88	$425
Aug 2008	69	114.22	8.48	$585
Jul 2008	88	131.08	11.39	$1,002
Jun 2008	104	131.33	13.03	$1,355
May 2008	104	123.17	11.57	$1,204
Apr 2008	88	110.31	10.45	$920
Mar 2008	89	101.90	9.66	$860
Feb 2008	61	92.53	8.77	$535
Jan 2008	88	90.38	8.21	$722
Dec 2007	99	88.33	7.30	$723
Nov 2007	113	91.67	7.29	$824
Oct 2007	138	82.85	6.92	$955
Sep 2007	123	75.84	6.24	$768
Aug 2007	88	69.06	6.39	$562
Jul 2007	33	70.90	6.39	$211
Jun 2007	76	62.00	7.55	$574
May 2007	86	58.74	7.85	$675
Apr 2007	71	59.61	7.81	$554
Mar 2007	69	56.92	7.30	$504
Feb 2007	77	55.10	8.22	$633
Jan 2007	71	50.30	6.73	$478
Dec 2006	49	56.65	6.92	$339
Nov 2006	76	54.20	7.62	$579
Oct 2006	90	54.90	6.01	$541
Sep 2006	76	60.08	5.04	$383
Aug 2006	77	68.71	7.34	$565
Jul 2006	74	69.37	6.34	$469
Jun 2006	98	66.28	6.38	$626
May 2006	117	66.01	6.42	$752
Apr 2006	53	64.39	7.36	$390
Mar 2006	43	56.70	7.08	$305
Feb 2006	41	57.59	7.75	$318
Jan 2006	38	60.59	8.93	$339
Dec 2005	33	54.94	13.42	$443
Nov 2005	43	54.69	10.59	$455
Oct 2005	27	58.34	13.80	$372
Sep 2005	13	61.45	12.08	$157
Aug 2005	46	61.51	9.80	$451
Jul 2005	54	55.69	7.84	$424
Jun 2005	41	52.33	7.38	$303
May 2005	88	45.22	6.65	$585
Apr 2005	73	49.20	7.36	$537
Mar 2005	78	50.37	7.15	$558
Feb 2005	64	45.22	6.31	$404
Jan 2005	78	43.16	6.32	$493
Dec 2004	72	39.86	6.75	$486
Nov 2004	73	45.28	6.33	$462
Oct 2004	86	49.70	6.52	$560
Sep 2004	75	43.24	5.28	$396
Aug 2004	75	42.37	5.55	$416
Jul 2004	69	38.28	6.08	$420
Jun 2004	72	36.10	6.43	$463
May 2004	40	37.48	6.49	$260
Apr 2004	33	34.47	5.86	$193
Mar 2004	24	34.36	5.53	$133
Feb 2004	71	32.45	5.51	$391
Jan 2004	42	32.03	6.30	$265
Dec 2003	82	30.26	6.30	$517
Nov 2003	70	28.80	4.60	$322
Oct 2003	86	28.17	4.76	$409
Sep 2003	104	26.31	4.75	$494
Aug 2003	111	29.76	5.13	$569
Jul 2003	88	29.41	5.17	$455
Jun 2003	110	28.56	5.98	$658
May 2003	106	26.59	5.97	$633
Apr 2003	91	26.67	5.41	$492
Mar 2003	108	31.14	6.10	$658
Feb 2003	60	33.48	7.93	$476
Jan 2003	84	30.31	5.58	$469
Dec 2002	88	26.91	4.85	$427
Nov 2002	109	24.66	4.14	$451
Oct 2002	130	26.46	4.23	$550
Sep 2002	61	27.44	3.64	$222
Aug 2002	88	25.96	3.16	$278
Jul 2002	107	24.58	3.06	$328
Jun 2002	120	23.73	3.34	$401
May 2002	95	24.66	3.58	$340
Apr 2002	82	23.65	3.51	$288
Mar 2002	106	22.00	3.10	$329
Feb 2002	80	18.22	2.38	$190
Jan 2002	104	17.17	2.38	$247
Dec 2001	145	16.93	2.36	$343
Nov 2001	116	18.07	2.41	$279
Oct 2001	141	19.78	2.53	$357
Sep 2001	123	24.26	2.25	$277
Aug 2001	145	24.87	3.05	$443
Jul 2001	127	23.93	3.20	$406
Jun 2001	112	24.56	3.82	$428
May 2001	122	25.52	4.31	$525
Apr 2001	134	24.68	5.34	$715
Mar 2001	135	24.54	5.38	$726
Feb 2001	131	27.75	5.77	$755
Jan 2001	137	27.47	8.40	$1,151
Dec 2000	160	26.88	9.12	$1,460
Nov 2000	169	32.21	5.66	$956
Oct 2000	122	31.23	5.15	$628
Sep 2000	124	31.87	5.19	$643
Aug 2000	158	29.64	4.54	$717
Jul 2000	146	28.53	4.09	$597
Jun 2000	108	29.30	4.40	$475
May 2000	104	27.26	3.68	$383
Apr 2000	130	24.51	3.12	$405
Mar 2000	152	28.42	2.86	$435
Feb 2000	139	27.62	2.73	$379
Jan 2000	156	25.27	2.48	$387
Dec 1999	147	24.28	2.42	$356
Nov 1999	153	23.19	2.43	$372
Oct 1999	159	20.98	2.80	$446
Sep 1999	179	21.75	2.62	$469
Aug 1999	188	19.26	2.88	$541
Jul 1999	193	17.89	2.37	$458
Jun 1999	194	15.94	2.36	$458
May 1999	41	15.79	2.32	$95
Apr 1999	167	15.10	2.21	$369
Mar 1999	172	12.47	1.84	$316
Feb 1999	160	9.98	1.82	$291
Jan 1999	180	10.38	1.90	$342
Dec 1998	190	9.20	1.77	$337
Nov 1998	176	10.89	2.19	$385
Oct 1998	198	12.42	1.97	$390
Sep 1998	217	12.59	2.08	$452
Aug 1998	174	11.30	1.91	$332
Jul 1998	211	11.74	2.24	$472
Jun 1998	212	11.24	2.24	$474
May 1998	213	12.62	2.21	$470
Apr 1998	166	13.04	2.51	$416
Mar 1998	198	12.80	2.31	$457
Feb 1998	165	13.95	2.30	$379
Jan 1998	199	14.70	2.15	$429
Dec 1997	234	16.32	2.41	$564
Nov 1997	240	18.19	3.09	$741
Oct 1997	214	19.25	3.15	$674
Sep 1997	203	17.74	2.95	$600
Aug 1997	198	17.86	2.55	$506
Jul 1997	216	17.58	2.25	$485
Jun 1997	218	17.24	2.26	$492
May 1997	206	18.97	2.31	$476
Apr 1997	213	17.88	2.08	$444
Mar 1997	216	18.95	1.94	$419
Feb 1997	210	20.49	2.21	$463
Jan 1997	212	23.48	3.54	$750
Dec 1996	210	23.32	—	$0
Nov 1996	235	21.97	—	$0
Oct 1996	254	23.31	—	$0
Sep 1996	253	22.22	—	$0
Aug 1996	263	20.26	—	$0
Jul 1996	267	19.55	—	$0
Jun 1996	262	18.73	—	$0
May 1996	269	19.43	—	$0
Apr 1996	177	21.51	—	$0
Mar 1996	150	19.38	—	$0
Feb 1996	205	16.98	—	$0
Jan 1996	233	17.07	—	$0
Dec 1995	231	17.19	—	$0
Nov 1995	254	16.00	—	$0
Oct 1995	245	15.43	—	$0
Sep 1995	246	16.18	—	$0
Aug 1995	282	15.92	—	$0
Jul 1995	283	15.24	—	$0
Jun 1995	250	16.41	—	$0
May 1995	241	17.56	—	$0
Apr 1995	286	17.73	—	$0
Mar 1995	311	16.44	—	$0
Feb 1995	340	16.58	—	$0
Jan 1995	126	15.92	—	$0
Dec 1994	150	15.03	—	$0
Nov 1994	160	15.90	—	$0
Oct 1994	177	15.58	—	$0
Sep 1994	152	15.29	—	$0
Aug 1994	127	16.13	—	$0
Jul 1994	168	17.56	—	$0
Jun 1994	136	17.09	—	$0
May 1994	183	15.88	—	$0
Apr 1994	173	14.14	—	$0
Mar 1994	175	12.46	—	$0
Feb 1994	157	12.50	—	$0
Jan 1994	182	12.66	—	$0
Dec 1993	299	12.33	—	$0
Nov 1993	349	14.49	—	$0
Oct 1993	371	15.85	—	$0
Sep 1993	244	15.03	—	$0
Aug 1993	361	15.66	—	$0
Jul 1993	386	15.46	—	$0
Jun 1993	271	16.79	—	$0
May 1993	233	17.68	—	$0
Apr 1993	188	18.05	—	$0
Mar 1993	212	18.14	—	$0
Feb 1993	200	17.90	—	$0
Jan 1993	393	16.93	—	$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.

Aug 2012 — as filed, then multipliedworked

Gas                   29 Mcf  × $  2.91 =        $84

────────────────────────────────────────────────────
Month total                                      $84

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. 7C/G/107403 is the state's own key, not one this site invented.