UNIVERSITY 12 "E"

Operated by OZARK EXPLORATION, INC. (P-5 630611) in the BLOCK 51 (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118899District 7CField 09535700NGPA filingCondensateGasSaveExport
Value, all time
$6.5 M
Jan 1993 – Feb 2025
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
386
no gaps in the span
Streams
2
condensate, 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1982-10-22
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: OPERATOR REQUEST (OZARK EXLORATION, INC. APPLICANT)

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
NGPA1none

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
CondensateDisposition14,618 bbl$361,073
GasProduction1,644,868 Mcf$6,118,627
Total$6,479,700

224,144 Mcf of this lease's gas, across 47 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 30.9499, -101.3943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.94987, -101.39433 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,970 ft
1 wells filed one
Completion to plug
39.0 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 8,970 ft.

Completions filed
Oct 1985
1 of 1 wells
Plug dates filed
Oct 2024
1 of 1 wells

Last completion to plug: a median of 39.0 years across the 1 well that filed both dates, with the middle half between 39.0 years and 39.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053511818,970 ftOct 1985Oct 2024Yes

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 (386)

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

386 months

Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202489068.993.12$6,140
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 202406478.812.20$141
Apr 202401,36784.451.66$2,268
Mar 202401,10180.301.55$1,701
Feb 2024053476.091.78$952
Jan 202401,65273.023.30$5,448
Dec 202301,14571.262.61$2,989
Nov 202301,53977.892.81$4,321
Oct 202301,37885.443.09$4,254
Sep 202301,48189.042.74$4,051
Aug 2023025380.522.67$676
Jul 202301,52774.852.64$4,034
Jun 202301,12368.962.26$2,536
May 202301,30270.622.23$2,900
Apr 202301,35378.122.24$3,028
Mar 202301,24172.852.39$2,970
Feb 202301,14875.112.47$2,831
Jan 202301,42376.533.39$4,821
Dec 202201,47276.415.73$8,433
Nov 2022082485.005.65$4,652
Oct 202201,48887.185.86$8,725
Sep 202201,58084.888.16$12,899
Aug 202201,59794.529.13$14,576
Jul 202201,501101.587.54$11,321
Jun 202201,419115.097.98$11,320
May 202201,490109.378.43$12,565
Apr 202201,386104.226.84$9,477
Mar 202201,437108.885.08$7,295
Feb 202201,36691.054.86$6,637
Jan 202201,39081.844.54$6,307
Dec 202101,44371.323.90$5,626
Nov 202101,32077.435.24$6,913
Oct 202101,00479.795.71$5,737
Sep 202109169.865.35$487
Aug 202108666.024.22$363
Jul 2021014270.783.98$565
Jun 2021011569.493.38$389
May 202108463.483.02$253
Apr 202109060.362.76$248
Mar 2021035261.302.72$956
Feb 2021023657.805.55$1,309
Jan 2021019350.412.81$542
Dec 2020016444.642.68$439
Nov 2020030838.772.71$834
Oct 2020037636.972.48$932
Sep 2020043637.091.99$868
Aug 2020039839.982.39$949
Jul 2020045338.371.83$827
Jun 2020054834.901.69$926
May 202008616.921.81$156
Apr 2020015014.751.80$271
Mar 202008230.341.86$152
Feb 202007849.881.98$154
Jan 2020012257.252.09$256
Dec 201907459.012.30$171
Nov 2019016255.302.75$446
Oct 2019031353.472.42$757
Sep 20190955.052.66$24
Aug 2019010153.112.30$233
Jul 2019010156.272.46$248
Jun 2019016252.782.49$404
May 2019013658.482.74$373
Apr 2019015162.632.75$415
Mar 2019019856.803.06$606
Feb 2019034150.852.79$952
Jan 2019055446.033.23$1,788
Dec 2018057146.594.19$2,390
Nov 2018016952.934.24$716
Oct 2018028061.443.40$951
Sep 201846159.543.11$428
Aug 20180059.403.07$0
Jul 20181165.142.93$68
Jun 201801560.183.08$46
May 2018028865.382.90$835
Apr 201803,76263.842.90$10,913
Mar 20181883,65861.222.79$21,704
Feb 201803,56161.782.77$9,850
Jan 201803,48462.874.01$13,968
Dec 201703,82757.272.92$11,181
Nov 201703,86655.423.12$12,056
Oct 20171853,77349.292.98$20,376
Sep 201703,20447.523.09$9,892
Aug 201702,69545.373.00$8,097
Jul 201702,80143.873.09$8,647
Jun 201702,73342.493.09$8,438
May 201702,83745.373.26$9,258
Apr 201702,77347.933.21$8,906
Mar 201702,88246.772.98$8,599
Feb 201702,59650.452.95$7,665
Jan 201702,90349.413.42$9,925
Dec 201602,86248.763.72$10,655
Nov 201602,76942.492.64$7,322
Oct 201602,91146.193.09$8,996
Sep 201602,85241.553.10$8,843
Aug 201602,97541.442.92$8,700
Jul 201602,98841.622.92$8,738
Jun 201602,91345.352.69$7,824
May 201603,02542.521.99$6,023
Apr 201602,94336.561.99$5,860
Mar 201603,02733.011.79$5,430
Feb 201602,84526.472.06$5,871
Jan 201603,06527.352.36$7,247
Dec 201503,08632.362.00$6,176
Nov 201503,08038.792.17$6,675
Oct 201503,25343.552.43$7,894
Sep 201503,15742.992.76$8,708
Aug 201503,22340.162.87$9,258
Jul 201503,28248.152.95$9,666
Jun 201503,25756.152.88$9,389
May 201503,53555.212.96$10,448
Apr 201502,27649.822.71$6,160
Mar 201503,20042.892.93$9,391
Feb 201502,94344.662.98$8,759
Jan 201503,18943.433.10$9,888
Dec 201403,14254.693.59$11,284
Nov 201403,25270.464.25$13,827
Oct 201403,32978.303.90$12,986
Sep 201403,25486.164.05$13,164
Aug 201401,30889.394.04$5,278
Jul 201403,47096.564.18$14,503
Jun 201403,35098.164.74$15,869
May 201403,49894.734.73$16,534
Apr 201403,29895.944.81$15,860
Mar 201403,45695.895.06$17,476
Feb 201403,04397.406.19$18,842
Jan 201403,57190.404.86$17,358
Dec 201303,52291.824.35$15,336
Nov 201303,40288.853.74$12,718
Oct 201303,66797.423.78$13,859
Sep 201303,666104.113.72$13,629
Aug 201303,291104.253.52$11,593
Jul 201303,643102.523.72$13,544
Jun 201303,85094.403.93$15,144
May 201303,60794.834.15$14,966
Apr 201303,48093.964.28$14,903
Mar 201303,73593.623.91$14,615
Feb 201303,42391.233.42$11,706
Jan 201303,75991.603.42$12,855
Dec 201203,50186.773.42$11,974
Nov 201203,81386.953.62$13,822
Oct 201204,05089.383.40$13,769
Sep 201203,47794.672.92$10,147
Aug 201203,67392.662.91$10,682
Jul 201203,66285.133.02$11,062
Jun 201203,65479.822.52$9,205
May 201203,65991.612.49$9,105
Apr 201203,754101.652.00$7,496
Mar 201203,913105.052.22$8,695
Feb 201203,740101.102.57$9,613
Jan 201203,54898.092.73$9,701
Dec 201104,03296.873.24$13,063
Nov 201104,01895.723.31$13,305
Oct 201104,15084.983.65$15,141
Sep 201104,07583.623.99$16,242
Aug 201104,25883.404.15$17,668
Jul 201104,04394.144.52$18,263
Jun 201104,12392.904.64$19,130
May 201103,95098.134.40$17,399
Apr 201102,065105.964.33$8,948
Mar 201102,05496.364.06$8,334
Feb 201103,17485.644.18$13,267
Jan 201104,30586.504.59$19,755
Dec 201004,40085.734.35$19,130
Nov 201004,28280.843.80$16,252
Oct 201004,45278.103.51$15,622
Sep 201004,14572.633.98$16,495
Aug 201004,18873.684.42$18,508
Jul 20101874,20672.554.74$33,489
Jun 201004,08170.364.91$20,039
May 201004,20171.124.24$17,792
Apr 201004,01181.694.12$16,536
Mar 201004,14178.394.39$18,173
Feb 201003,61373.585.44$19,663
Jan 201004,08774.365.96$24,375
Dec 20091904,05271.445.48$35,794
Nov 200903,86874.593.75$14,511
Oct 200904,17872.544.11$17,173
Sep 200904,10865.543.06$12,590
Aug 200904,30967.423.22$13,869
Jul 20091854,37661.133.46$26,470
Jun 200904,27766.163.90$16,659
May 200904,44654.743.93$17,454
Apr 200904,28846.773.59$15,383
Mar 200904,51242.144.06$18,314
Feb 200904,25332.814.63$19,704
Jan 200904,27335.865.37$22,950
Dec 200804,71737.105.98$28,194
Nov 200804,84355.496.86$33,225
Oct 200805,63575.246.92$39,005
Sep 200803,470101.767.88$27,334
Aug 200804,323114.228.48$36,672
Jul 200804,357131.0811.39$49,624
Jun 200804,271131.3313.03$55,662
May 200804,398123.1711.57$50,904
Apr 200804,271110.3110.45$44,653
Mar 200804,410101.909.66$42,619
Feb 20081873,67092.538.77$49,491
Jan 200803,88090.388.21$31,838
Dec 200703,99788.337.30$29,186
Nov 200704,42091.677.29$32,229
Oct 200704,51982.856.92$31,280
Sep 200704,41475.846.24$27,562
Aug 200704,57469.066.39$29,218
Jul 200704,66170.906.39$29,774
Jun 20071874,56562.007.55$46,053
May 200704,77258.747.85$37,442
Apr 200704,04359.617.81$31,556
Mar 200703,42656.927.30$25,017
Feb 200704,36955.108.22$35,896
Jan 200704,25550.306.73$28,623
Dec 200604,72256.656.92$32,669
Nov 200604,86154.207.62$37,029
Oct 200604,86154.906.01$29,233
Sep 200604,75360.085.04$23,942
Aug 200604,69568.717.34$34,461
Jul 200604,38669.376.34$27,819
Jun 200604,07266.286.38$25,995
May 200604,76366.016.42$30,602
Apr 200604,90364.397.36$36,088
Mar 2006764,79456.707.08$38,265
Feb 20061813,79057.597.75$39,801
Jan 200604,72860.598.93$42,237
Dec 200504,34954.9413.42$58,344
Nov 200504,78154.6910.59$50,623
Oct 200505,20358.3413.80$71,779
Sep 200505,20561.4512.08$62,871
Aug 200505,39561.519.80$52,854
Jul 200505,49355.697.84$43,085
Jun 20051775,57252.337.38$50,390
May 200505,58545.226.65$37,147
Apr 200505,64549.207.36$41,550
Mar 200505,61950.377.15$40,203
Feb 20051775,14445.226.31$40,472
Jan 200505,64843.166.32$35,708
Dec 200406,13039.866.75$41,384
Nov 200405,79445.286.33$36,678
Oct 200406,21549.706.52$40,491
Sep 200405,97343.245.28$31,561
Aug 200405,93142.375.55$32,921
Jul 200407,55538.286.08$45,966
Jun 200404,53636.106.43$29,180
May 20041785,03237.486.49$39,352
Apr 200405,19434.475.86$30,429
Mar 200405,44534.365.53$30,112
Feb 20041884,89532.455.51$33,070
Jan 200405,69532.036.30$35,876
Dec 200305,76630.266.30$36,335
Nov 200305,63628.804.60$25,898
Oct 200305,95928.174.76$28,363
Sep 200305,81526.314.75$27,618
Aug 20031875,83429.765.13$35,492
Jul 200305,41329.415.17$27,990
Jun 200306,10328.565.98$36,514
May 200306,25026.595.97$37,329
Apr 200305,93326.675.41$32,081
Mar 200306,31331.146.10$38,484
Feb 200305,10833.487.93$40,485
Jan 20031856,00830.315.58$39,144
Dec 200205,97226.914.85$28,987
Nov 200206,51424.664.14$26,948
Oct 200205,91326.464.23$25,007
Sep 200205,89527.443.64$21,430
Aug 200206,95525.963.16$22,007
Jul 20021745,65024.583.06$21,576
Jun 200206,48123.733.34$21,635
May 200207,41824.663.58$26,586
Apr 200207,50323.653.51$26,353
Mar 20021835,10022.003.10$19,850
Feb 200206,55818.222.38$15,580
Jan 200207,37617.172.38$17,523
Dec 200106,87416.932.36$16,253
Nov 2001807,05418.072.41$18,414
Oct 20011908,23619.782.53$24,586
Sep 200107,75624.262.25$17,461
Aug 200107,69424.873.05$23,491
Jul 200107,79823.933.20$24,931
Jun 200108,16324.563.82$31,217
May 20011938,87925.524.31$43,170
Apr 200129,81224.685.34$52,400
Mar 200101,48324.545.38$7,973
Feb 200107,25627.755.77$41,846
Jan 20011957,89327.478.40$71,648
Dec 200007,72926.889.12$70,508
Nov 200008,22532.215.66$46,537
Oct 20001927,34831.235.15$43,805
Sep 200007,96231.875.19$41,295
Aug 200008,24329.644.54$37,429
Jul 200008,49528.534.09$34,742
Jun 20001938,18429.304.40$41,642
May 200008,33727.263.68$30,678
Apr 200008,16824.513.12$25,451
Mar 200008,17428.422.86$23,376
Feb 200007,74027.622.73$21,103
Jan 20001947,86925.272.48$24,421
Dec 199908,00324.282.42$19,397
Nov 199907,70123.192.43$18,744
Oct 199908,71120.982.80$24,423
Sep 19991978,27821.752.62$25,964
Aug 199908,98919.262.88$25,849
Jul 199909,03217.892.37$21,427
Jun 199919210,23015.942.36$27,225
May 199909,12215.792.32$21,172
Apr 199908,40715.102.21$18,563
Mar 199908,90412.471.84$16,368
Feb 19991928,1809.981.82$16,786
Jan 199909,49110.381.90$18,032
Dec 19981957,1389.201.77$14,452
Nov 199809,13110.892.19$19,958
Oct 199809,54712.421.97$18,800
Sep 19981889,14012.592.08$21,402
Aug 199809,07711.301.91$17,313
Jul 1998010,19911.742.24$22,818
Jun 199809,67611.242.24$21,648
May 1998011,04912.622.21$24,378
Apr 19982189,18913.042.51$25,864
Mar 1998310,49312.802.31$24,271
Feb 19981809,39413.952.30$24,109
Jan 1998010,18014.702.15$21,936
Dec 1997010,67716.322.41$25,743
Nov 199718610,63418.193.09$36,224
Oct 1997012,44419.253.15$39,196
Sep 199719210,06217.742.95$33,138
Aug 1997010,57517.862.55$27,016
Jul 1997010,77717.582.25$24,215
Jun 199719110,53317.242.26$27,068
May 1997010,85918.972.31$25,068
Apr 199720011,25917.882.08$27,026
Mar 199719712,17218.951.94$27,336
Feb 1997011,30320.492.21$24,933
Jan 1997012,61123.483.54$44,639
Dec 199619011,07923.32$4,431
Nov 19961899,46921.97$4,152
Oct 19961958,17123.31$4,545
Sep 19961879,85022.22$4,155
Aug 19961955,96820.26$3,951
Jul 199603,31619.55$0
Jun 19961993,45118.73$3,727
May 19962033,31019.43$3,944
Apr 199602,71021.51$0
Mar 19961673,22919.38$3,236
Feb 19962032,96116.98$3,447
Jan 19962152,67917.07$3,670
Dec 199503,03717.19$0
Nov 19952083,22716.00$3,328
Oct 19951993,49915.43$3,071
Sep 199503,82216.18$0
Aug 19951973,70115.92$3,136
Jul 199503,91315.24$0
Jun 19951943,89316.41$3,184
May 19951934,20017.56$3,389
Apr 199504,54117.73$0
Mar 19952043,52616.44$3,354
Feb 19952074,78316.58$3,432
Jan 19952055,72515.92$3,264
Dec 19942053,60115.03$3,081
Nov 19942013,51415.90$3,196
Oct 199404,05015.58$0
Sep 19942034,34215.29$3,104
Aug 19941964,44116.13$3,161
Jul 199404,30417.56$0
Jun 19942004,49817.09$3,418
May 19941844,72315.88$2,922
Apr 19942024,12114.14$2,856
Mar 19942064,69912.46$2,567
Feb 199403,47312.50$0
Jan 19941924,72412.66$2,431
Dec 19934035,56912.33$4,969
Nov 19931986,20514.49$2,869
Oct 19931884,28815.85$2,980
Sep 19930015.03$0
Aug 19931876,03215.66$2,928
Jul 19931956,34215.46$3,015
Jun 19932286,65316.79$3,828
May 19932036,26817.68$3,589
Apr 19934134,95318.05$7,455
Mar 19931974,07318.14$3,574
Feb 19931923,76917.90$3,437
Jan 19931965,44216.93$3,318

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 2024 — as filed, then multipliedworked
Condensate            89 bbl  × $ 68.99 =     $6,140
Gas                    0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $6,140

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/118899 is the state's own key, not one this site invented.