STATE UNIVERSITY "FO"

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

Operated by DISCOVERY OPERATING, INC. (P-5 220865) in the GUSTAV (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 141305District 7CField 375052002 tax incentive programmesCondensateGasSave Export

Value, all time

$920 k

Jan 1993 – Jan 2018

Value, last 12 filed months

at the published price for each month

Months reported

301

no gaps in the span

Streams

condensate, gas

The GUSTAV (CANYON) 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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered

1986-01-14

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: “ALLOCATION FORMULA ADMIN.SUSPENDED EFFECTIVE 1-1-93.”

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
High Cost Gas	1	1	1992-07-22	125395
NGPA	2	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
Condensate	Disposition	2,374 bbl	$51,510
Gas	Production	467,859 Mcf	$868,601
Total			$920,110

279,376 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 31.0625, -100.8776. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.06250, -100.87757 · 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

7,361 ft

1 wells filed one

Completion to plug

25.8 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 7,361 ft.

Completions filed

Apr 1992

1 of 1 wells

Plug dates filed

Jan 2018

1 of 1 wells

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41331781	2	7,361 ft	Apr 1992	Jan 2018	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 (301)

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

301 months


Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	41	96.56	4.18	$171
Jun 2014	0	32	98.16	4.74	$152
May 2014	0	36	94.73	4.73	$170
Apr 2014	0	34	95.94	4.81	$164
Mar 2014	0	28	95.89	5.06	$142
Feb 2014	0	37	97.40	6.19	$229
Jan 2014	0	39	90.40	4.86	$190
Dec 2013	0	39	91.82	4.35	$170
Nov 2013	0	40	88.85	3.74	$150
Oct 2013	0	44	97.42	3.78	$166
Sep 2013	0	39	104.11	3.72	$145
Aug 2013	0	40	104.25	3.52	$141
Jul 2013	0	27	102.52	3.72	$100
Jun 2013	0	35	94.40	3.93	$138
May 2013	0	21	94.83	4.15	$87
Apr 2013	0	22	93.96	4.28	$94
Mar 2013	0	36	93.62	3.91	$141
Feb 2013	0	28	91.23	3.42	$96
Jan 2013	0	31	91.60	3.42	$106
Dec 2012	0	28	86.77	3.42	$96
Nov 2012	0	36	86.95	3.62	$131
Oct 2012	0	22	89.38	3.40	$75
Sep 2012	0	38	94.67	2.92	$111
Aug 2012	0	42	92.66	2.91	$122
Jul 2012	0	36	85.13	3.02	$109
Jun 2012	0	42	79.82	2.52	$106
May 2012	0	22	91.61	2.49	$55
Apr 2012	0	26	101.65	2.00	$52
Mar 2012	16	15	105.05	2.22	$1,714
Feb 2012	0	33	101.10	2.57	$85
Jan 2012	0	32	98.09	2.73	$87
Dec 2011	0	25	96.87	3.24	$81
Nov 2011	0	41	95.72	3.31	$136
Oct 2011	0	31	84.98	3.65	$113
Sep 2011	0	34	83.62	3.99	$136
Aug 2011	0	49	83.40	4.15	$203
Jul 2011	0	33	94.14	4.52	$149
Jun 2011	0	26	92.90	4.64	$121
May 2011	0	38	98.13	4.40	$167
Apr 2011	0	34	105.96	4.33	$147
Mar 2011	0	43	96.36	4.06	$174
Feb 2011	0	32	85.64	4.18	$134
Jan 2011	0	31	86.50	4.59	$142
Dec 2010	0	34	85.73	4.35	$148
Nov 2010	0	45	80.84	3.80	$171
Oct 2010	0	28	78.10	3.51	$98
Sep 2010	0	46	72.63	3.98	$183
Aug 2010	0	38	73.68	4.42	$168
Jul 2010	0	40	72.55	4.74	$189
Jun 2010	0	120	70.36	4.91	$589
May 2010	0	25	71.12	4.24	$106
Apr 2010	0	19	81.69	4.12	$78
Mar 2010	0	45	78.39	4.39	$197
Feb 2010	0	55	73.58	5.44	$299
Jan 2010	0	11	74.36	5.96	$66
Dec 2009	0	38	71.44	5.48	$208
Nov 2009	0	41	74.59	3.75	$154
Oct 2009	0	4	72.54	4.11	$16
Sep 2009	0	23	65.54	3.06	$70
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	2	54.74	3.93	$8
Apr 2009	0	10	46.77	3.59	$36
Mar 2009	0	24	42.14	4.06	$97
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	568	75.24	6.92	$3,932
Sep 2008	0	513	101.76	7.88	$4,041
Aug 2008	0	745	114.22	8.48	$6,320
Jul 2008	0	746	131.08	11.39	$8,497
Jun 2008	0	735	131.33	13.03	$9,579
May 2008	0	505	123.17	11.57	$5,845
Apr 2008	0	19	110.31	10.45	$199
Mar 2008	0	562	101.90	9.66	$5,431
Feb 2008	0	863	92.53	8.77	$7,569
Jan 2008	36	812	90.38	8.21	$9,917
Dec 2007	0	794	88.33	7.30	$5,798
Nov 2007	0	890	91.67	7.29	$6,490
Oct 2007	0	690	82.85	6.92	$4,776
Sep 2007	0	901	75.84	6.24	$5,626
Aug 2007	0	487	69.06	6.39	$3,111
Jul 2007	0	470	70.90	6.39	$3,002
Jun 2007	0	320	62.00	7.55	$2,416
May 2007	0	313	58.74	7.85	$2,456
Apr 2007	0	813	59.61	7.81	$6,346
Mar 2007	0	812	56.92	7.30	$5,929
Feb 2007	0	745	55.10	8.22	$6,121
Jan 2007	0	816	50.30	6.73	$5,489
Dec 2006	0	816	56.65	6.92	$5,645
Nov 2006	55	660	54.20	7.62	$8,009
Oct 2006	0	762	54.90	6.01	$4,583
Sep 2006	0	840	60.08	5.04	$4,231
Aug 2006	0	879	68.71	7.34	$6,452
Jul 2006	0	770	69.37	6.34	$4,884
Jun 2006	0	754	66.28	6.38	$4,813
May 2006	0	819	66.01	6.42	$5,262
Apr 2006	0	522	64.39	7.36	$3,842
Mar 2006	0	769	56.70	7.08	$5,447
Feb 2006	0	862	57.59	7.75	$6,681
Jan 2006	0	658	60.59	8.93	$5,878
Dec 2005	0	881	54.94	13.42	$11,819
Nov 2005	0	904	54.69	10.59	$9,572
Oct 2005	0	1,010	58.34	13.80	$13,934
Sep 2005	0	1,006	61.45	12.08	$12,151
Aug 2005	0	917	61.51	9.80	$8,984
Jul 2005	0	1,219	55.69	7.84	$9,561
Jun 2005	0	182	52.33	7.38	$1,343
May 2005	0	945	45.22	6.65	$6,285
Apr 2005	0	942	49.20	7.36	$6,934
Mar 2005	0	1,138	50.37	7.15	$8,142
Feb 2005	63	1,057	45.22	6.31	$9,521
Jan 2005	0	1,164	43.16	6.32	$7,359
Dec 2004	0	1,210	39.86	6.75	$8,169
Nov 2004	0	1,167	45.28	6.33	$7,388
Oct 2004	0	1,049	49.70	6.52	$6,834
Sep 2004	0	1,029	43.24	5.28	$5,437
Aug 2004	0	1,250	42.37	5.55	$6,938
Jul 2004	0	1,215	38.28	6.08	$7,392
Jun 2004	0	1,419	36.10	6.43	$9,128
May 2004	0	1,230	37.48	6.49	$7,988
Apr 2004	0	1,296	34.47	5.86	$7,593
Mar 2004	0	1,330	34.36	5.53	$7,355
Feb 2004	84	1,338	32.45	5.51	$10,098
Jan 2004	0	1,391	32.03	6.30	$8,763
Dec 2003	0	1,329	30.26	6.30	$8,375
Nov 2003	0	1,364	28.80	4.60	$6,268
Oct 2003	0	1,346	28.17	4.76	$6,406
Sep 2003	0	1,231	26.31	4.75	$5,846
Aug 2003	0	1,428	29.76	5.13	$7,325
Jul 2003	0	1,420	29.41	5.17	$7,343
Jun 2003	0	884	28.56	5.98	$5,289
May 2003	0	1,492	26.59	5.97	$8,911
Apr 2003	23	1,411	26.67	5.41	$8,243
Mar 2003	1	1,516	31.14	6.10	$9,273
Feb 2003	0	1,352	33.48	7.93	$10,716
Jan 2003	0	1,514	30.31	5.58	$8,451
Dec 2002	0	1,489	26.91	4.85	$7,227
Nov 2002	0	1,392	24.66	4.14	$5,759
Oct 2002	0	1,340	26.46	4.23	$5,667
Sep 2002	52	1,224	27.44	3.64	$5,876
Aug 2002	0	1,363	25.96	3.16	$4,313
Jul 2002	0	1,541	24.58	3.06	$4,718
Jun 2002	0	1,262	23.73	3.34	$4,213
May 2002	0	1,709	24.66	3.58	$6,125
Apr 2002	0	1,469	23.65	3.51	$5,160
Mar 2002	0	1,750	22.00	3.10	$5,430
Feb 2002	0	1,499	18.22	2.38	$3,561
Jan 2002	0	1,776	17.17	2.38	$4,219
Dec 2001	62	1,904	16.93	2.36	$5,551
Nov 2001	0	1,614	18.07	2.41	$3,883
Oct 2001	0	1,595	19.78	2.53	$4,034
Sep 2001	0	1,307	24.26	2.25	$2,942
Aug 2001	0	1,768	24.87	3.05	$5,398
Jul 2001	0	1,857	23.93	3.20	$5,937
Jun 2001	0	1,756	24.56	3.82	$6,715
May 2001	0	1,681	25.52	4.31	$7,241
Apr 2001	0	1,432	24.68	5.34	$7,640
Mar 2001	0	1,593	24.54	5.38	$8,565
Feb 2001	60	1,876	27.75	5.77	$12,484
Jan 2001	0	2,356	27.47	8.40	$19,787
Dec 2000	0	2,189	26.88	9.12	$19,969
Nov 2000	0	2,344	32.21	5.66	$13,262
Oct 2000	0	2,050	31.23	5.15	$10,548
Sep 2000	0	1,989	31.87	5.19	$10,316
Aug 2000	0	1,856	29.64	4.54	$8,428
Jul 2000	63	1,924	28.53	4.09	$9,666
Jun 2000	0	2,206	29.30	4.40	$9,700
May 2000	0	1,907	27.26	3.68	$7,017
Apr 2000	0	2,175	24.51	3.12	$6,777
Mar 2000	0	2,600	28.42	2.86	$7,435
Feb 2000	0	3,406	27.62	2.73	$9,286
Jan 2000	70	3,256	25.27	2.48	$9,845
Dec 1999	0	4,371	24.28	2.42	$10,594
Nov 1999	0	2,367	23.19	2.43	$5,761
Oct 1999	0	1,763	20.98	2.80	$4,943
Sep 1999	0	1,411	21.75	2.62	$3,695
Aug 1999	47	1,283	19.26	2.88	$4,595
Jul 1999	0	1,432	17.89	2.37	$3,397
Jun 1999	0	1,458	15.94	2.36	$3,444
May 1999	0	1,183	15.79	2.32	$2,746
Apr 1999	0	1,014	15.10	2.21	$2,239
Mar 1999	0	1,214	12.47	1.84	$2,232
Feb 1999	0	785	9.98	1.82	$1,427
Jan 1999	0	1,162	10.38	1.90	$2,208
Dec 1998	40	1,229	9.20	1.77	$2,547
Nov 1998	0	940	10.89	2.19	$2,055
Oct 1998	0	994	12.42	1.97	$1,957
Sep 1998	1	1,196	12.59	2.08	$2,503
Aug 1998	0	1,174	11.30	1.91	$2,239
Jul 1998	0	1,180	11.74	2.24	$2,640
Jun 1998	0	1,314	11.24	2.24	$2,940
May 1998	0	1,442	12.62	2.21	$3,182
Apr 1998	0	1,209	13.04	2.51	$3,029
Mar 1998	45	1,363	12.80	2.31	$3,724
Feb 1998	0	1,551	13.95	2.30	$3,566
Jan 1998	0	1,782	14.70	2.15	$3,840
Dec 1997	0	1,598	16.32	2.41	$3,853
Nov 1997	0	1,591	18.19	3.09	$4,913
Oct 1997	36	1,554	19.25	3.15	$5,588
Sep 1997	0	1,554	17.74	2.95	$4,592
Aug 1997	0	1,525	17.86	2.55	$3,896
Jul 1997	0	739	17.58	2.25	$1,660
Jun 1997	0	1,213	17.24	2.26	$2,738
May 1997	38	1,477	18.97	2.31	$4,131
Apr 1997	0	1,803	17.88	2.08	$3,755
Mar 1997	0	1,978	18.95	1.94	$3,836
Feb 1997	49	1,834	20.49	2.21	$5,050
Jan 1997	0	2,453	23.48	3.54	$8,683
Dec 1996	49	2,655	23.32	—	$1,143
Nov 1996	0	2,523	21.97	—	$0
Oct 1996	0	2,588	23.31	—	$0
Sep 1996	48	2,781	22.22	—	$1,067
Aug 1996	0	2,575	20.26	—	$0
Jul 1996	0	2,272	19.55	—	$0
Jun 1996	0	2,744	18.73	—	$0
May 1996	49	3,034	19.43	—	$952
Apr 1996	0	2,941	21.51	—	$0
Mar 1996	54	3,007	19.38	—	$1,047
Feb 1996	0	3,052	16.98	—	$0
Jan 1996	0	955	17.07	—	$0
Dec 1995	0	870	17.19	—	$0
Nov 1995	56	948	16.00	—	$896
Oct 1995	57	1,063	15.43	—	$880
Sep 1995	23	2,706	16.18	—	$372
Aug 1995	0	3,629	15.92	—	$0
Jul 1995	74	2,925	15.24	—	$1,128
Jun 1995	0	3,747	16.41	—	$0
May 1995	0	4,111	17.56	—	$0
Apr 1995	0	3,840	17.73	—	$0
Mar 1995	0	4,207	16.44	—	$0
Feb 1995	0	3,852	16.58	—	$0
Jan 1995	106	4,272	15.92	—	$1,688
Dec 1994	0	5,052	15.03	—	$0
Nov 1994	0	5,260	15.90	—	$0
Oct 1994	0	5,607	15.58	—	$0
Sep 1994	0	5,171	15.29	—	$0
Aug 1994	105	6,007	16.13	—	$1,694
Jul 1994	0	5,043	17.56	—	$0
Jun 1994	0	6,106	17.09	—	$0
May 1994	0	7,064	15.88	—	$0
Apr 1994	0	7,049	14.14	—	$0
Mar 1994	115	7,599	12.46	—	$1,433
Feb 1994	0	7,829	12.50	—	$0
Jan 1994	0	9,491	12.66	—	$0
Dec 1993	105	9,192	12.33	—	$1,295
Nov 1993	0	9,462	14.49	—	$0
Oct 1993	0	9,078	15.85	—	$0
Sep 1993	112	10,322	15.03	—	$1,683
Aug 1993	0	8,327	15.66	—	$0
Jul 1993	0	8,270	15.46	—	$0
Jun 1993	128	8,267	16.79	—	$2,149
May 1993	0	12,539	17.68	—	$0
Apr 1993	145	14,630	18.05	—	$2,617
Mar 1993	0	15,589	18.14	—	$0
Feb 1993	153	13,117	17.90	—	$2,739
Jan 1993	154	16,008	16.93	—	$2,607

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.

Jul 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 96.56 =         $0
Gas                   41 Mcf  × $  4.18 =       $171

────────────────────────────────────────────────────
Month total                                     $171

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/141305 is the state's own key, not one this site invented.