STATE UNIVERSITY "FQ"

Name: STATE UNIVERSITY "FQ" 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 142382District 7CField 375052002 tax incentive programmesCondensateGasSave Export

Value, all time

$646 k

Jan 1993 – Sep 2018

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

309

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	1992-11-18	125844
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
Condensate	Disposition	5,589 bbl	$184,184
Gas	Production	184,409 Mcf	$461,648
Total			$645,832

76,882 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 31.0588, -100.8774. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.05883, -100.87740 · 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

7,367 ft

1 wells filed one

Completion to plug

26.0 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 7,367 ft.

Completions filed

Sep 1992

1 of 1 wells

Plug dates filed

Sep 2018

1 of 1 wells

Last completion to plug: a median of 26.0 years across the 1 well that filed both dates, with the middle half between 26.0 years and 26.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41331806	2	7,367 ft	Sep 1992	Sep 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 (309)

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

309 months


Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	84	0	63.84	2.90	$5,363
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	91	61.78	2.77	$252
Jan 2018	0	493	62.87	4.01	$1,977
Dec 2017	0	114	57.27	2.92	$333
Nov 2017	0	280	55.42	3.12	$873
Oct 2017	0	305	49.29	2.98	$910
Sep 2017	0	426	47.52	3.09	$1,315
Aug 2017	0	335	45.37	3.00	$1,006
Jul 2017	0	353	43.87	3.09	$1,090
Jun 2017	0	520	42.49	3.09	$1,605
May 2017	0	502	45.37	3.26	$1,638
Apr 2017	0	383	47.93	3.21	$1,230
Mar 2017	0	521	46.77	2.98	$1,555
Feb 2017	0	491	50.45	2.95	$1,450
Jan 2017	0	444	49.41	3.42	$1,518
Dec 2016	37	341	48.76	3.72	$3,074
Nov 2016	0	424	42.49	2.64	$1,121
Oct 2016	0	305	46.19	3.09	$943
Sep 2016	0	619	41.55	3.10	$1,919
Aug 2016	0	605	41.44	2.92	$1,769
Jul 2016	0	489	41.62	2.92	$1,430
Jun 2016	0	493	45.35	2.69	$1,324
May 2016	0	268	42.52	1.99	$534
Apr 2016	0	317	36.56	1.99	$631
Mar 2016	0	375	33.01	1.79	$673
Feb 2016	0	263	26.47	2.06	$543
Jan 2016	0	137	27.35	2.36	$324
Dec 2015	0	136	32.36	2.00	$272
Nov 2015	0	277	38.79	2.17	$600
Oct 2015	0	437	43.55	2.43	$1,060
Sep 2015	0	516	42.99	2.76	$1,423
Aug 2015	0	442	40.16	2.87	$1,270
Jul 2015	0	487	48.15	2.95	$1,434
Jun 2015	0	313	56.15	2.88	$902
May 2015	0	106	55.21	2.96	$313
Apr 2015	0	498	49.82	2.71	$1,348
Mar 2015	0	1,049	42.89	2.93	$3,079
Feb 2015	0	513	44.66	2.98	$1,527
Jan 2015	0	142	43.43	3.10	$440
Dec 2014	0	348	54.69	3.59	$1,250
Nov 2014	0	361	70.46	4.25	$1,535
Oct 2014	0	212	78.30	3.90	$827
Sep 2014	0	341	86.16	4.05	$1,380
Aug 2014	0	357	89.39	4.04	$1,441
Jul 2014	0	371	96.56	4.18	$1,551
Jun 2014	0	227	98.16	4.74	$1,075
May 2014	0	232	94.73	4.73	$1,097
Apr 2014	0	226	95.94	4.81	$1,087
Mar 2014	0	287	95.89	5.06	$1,451
Feb 2014	0	209	97.40	6.19	$1,294
Jan 2014	0	261	90.40	4.86	$1,269
Dec 2013	0	319	91.82	4.35	$1,389
Nov 2013	0	404	88.85	3.74	$1,510
Oct 2013	0	384	97.42	3.78	$1,451
Sep 2013	0	421	104.11	3.72	$1,565
Aug 2013	1	219	104.25	3.52	$876
Jul 2013	0	281	102.52	3.72	$1,045
Jun 2013	0	277	94.40	3.93	$1,090
May 2013	180	282	94.83	4.15	$18,239
Apr 2013	0	208	93.96	4.28	$891
Mar 2013	0	281	93.62	3.91	$1,100
Feb 2013	0	268	91.23	3.42	$917
Jan 2013	0	289	91.60	3.42	$988
Dec 2012	0	338	86.77	3.42	$1,156
Nov 2012	0	375	86.95	3.62	$1,359
Oct 2012	0	264	89.38	3.40	$898
Sep 2012	0	303	94.67	2.92	$884
Aug 2012	0	234	92.66	2.91	$681
Jul 2012	0	303	85.13	3.02	$915
Jun 2012	0	316	79.82	2.52	$796
May 2012	0	151	91.61	2.49	$376
Apr 2012	0	354	101.65	2.00	$707
Mar 2012	0	102	105.05	2.22	$227
Feb 2012	0	281	101.10	2.57	$722
Jan 2012	174	249	98.09	2.73	$17,748
Dec 2011	0	290	96.87	3.24	$940
Nov 2011	0	248	95.72	3.31	$821
Oct 2011	0	277	84.98	3.65	$1,011
Sep 2011	0	120	83.62	3.99	$478
Aug 2011	0	319	83.40	4.15	$1,324
Jul 2011	0	330	94.14	4.52	$1,491
Jun 2011	0	484	92.90	4.64	$2,246
May 2011	0	333	98.13	4.40	$1,467
Apr 2011	0	262	105.96	4.33	$1,135
Mar 2011	0	342	96.36	4.06	$1,388
Feb 2011	0	283	85.64	4.18	$1,183
Jan 2011	0	283	86.50	4.59	$1,299
Dec 2010	0	295	85.73	4.35	$1,283
Nov 2010	0	312	80.84	3.80	$1,184
Oct 2010	0	296	78.10	3.51	$1,039
Sep 2010	0	328	72.63	3.98	$1,305
Aug 2010	175	367	73.68	4.42	$14,516
Jul 2010	0	377	72.55	4.74	$1,786
Jun 2010	0	352	70.36	4.91	$1,728
May 2010	0	310	71.12	4.24	$1,313
Apr 2010	0	373	81.69	4.12	$1,538
Mar 2010	0	385	78.39	4.39	$1,690
Feb 2010	0	326	73.58	5.44	$1,774
Jan 2010	0	340	74.36	5.96	$2,028
Dec 2009	0	282	71.44	5.48	$1,546
Nov 2009	0	375	74.59	3.75	$1,407
Oct 2009	0	356	72.54	4.11	$1,463
Sep 2009	0	379	65.54	3.06	$1,162
Aug 2009	0	259	67.42	3.22	$834
Jul 2009	0	389	61.13	3.46	$1,348
Jun 2009	162	337	66.16	3.90	$12,031
May 2009	0	361	54.74	3.93	$1,417
Apr 2009	0	329	46.77	3.59	$1,180
Mar 2009	0	369	42.14	4.06	$1,498
Feb 2009	0	284	32.81	4.63	$1,316
Jan 2009	0	283	35.86	5.37	$1,520
Dec 2008	0	150	37.10	5.98	$897
Nov 2008	0	97	55.49	6.86	$665
Oct 2008	0	179	75.24	6.92	$1,239
Sep 2008	0	269	101.76	7.88	$2,119
Aug 2008	0	262	114.22	8.48	$2,223
Jul 2008	0	169	131.08	11.39	$1,925
Jun 2008	0	289	131.33	13.03	$3,766
May 2008	0	464	123.17	11.57	$5,370
Apr 2008	0	203	110.31	10.45	$2,122
Mar 2008	157	215	101.90	9.66	$18,076
Feb 2008	0	275	92.53	8.77	$2,412
Jan 2008	0	253	90.38	8.21	$2,076
Dec 2007	0	314	88.33	7.30	$2,293
Nov 2007	0	319	91.67	7.29	$2,326
Oct 2007	0	263	82.85	6.92	$1,820
Sep 2007	0	261	75.84	6.24	$1,630
Aug 2007	0	372	69.06	6.39	$2,376
Jul 2007	0	277	70.90	6.39	$1,769
Jun 2007	0	286	62.00	7.55	$2,159
May 2007	0	359	58.74	7.85	$2,817
Apr 2007	0	301	59.61	7.81	$2,349
Mar 2007	1	306	56.92	7.30	$2,291
Feb 2007	165	295	55.10	8.22	$11,515
Jan 2007	0	396	50.30	6.73	$2,664
Dec 2006	0	435	56.65	6.92	$3,010
Nov 2006	0	441	54.20	7.62	$3,359
Oct 2006	0	337	54.90	6.01	$2,027
Sep 2006	0	265	60.08	5.04	$1,335
Aug 2006	0	304	68.71	7.34	$2,231
Jul 2006	0	376	69.37	6.34	$2,385
Jun 2006	0	377	66.28	6.38	$2,407
May 2006	0	412	66.01	6.42	$2,647
Apr 2006	0	325	64.39	7.36	$2,392
Mar 2006	0	379	56.70	7.08	$2,684
Feb 2006	0	404	57.59	7.75	$3,131
Jan 2006	0	390	60.59	8.93	$3,484
Dec 2005	160	390	54.94	13.42	$14,022
Nov 2005	0	386	54.69	10.59	$4,087
Oct 2005	0	427	58.34	13.80	$5,891
Sep 2005	0	357	61.45	12.08	$4,312
Aug 2005	0	362	61.51	9.80	$3,546
Jul 2005	0	362	55.69	7.84	$2,839
Jun 2005	0	445	52.33	7.38	$3,285
May 2005	0	395	45.22	6.65	$2,627
Apr 2005	0	348	49.20	7.36	$2,561
Mar 2005	0	327	50.37	7.15	$2,340
Feb 2005	0	292	45.22	6.31	$1,843
Jan 2005	0	366	43.16	6.32	$2,314
Dec 2004	3	469	39.86	6.75	$3,286
Nov 2004	167	403	45.28	6.33	$10,113
Oct 2004	0	471	49.70	6.52	$3,069
Sep 2004	0	318	43.24	5.28	$1,680
Aug 2004	0	300	42.37	5.55	$1,665
Jul 2004	0	367	38.28	6.08	$2,233
Jun 2004	0	337	36.10	6.43	$2,168
May 2004	0	336	37.48	6.49	$2,182
Apr 2004	0	366	34.47	5.86	$2,144
Mar 2004	0	432	34.36	5.53	$2,389
Feb 2004	0	302	32.45	5.51	$1,664
Jan 2004	178	328	32.03	6.30	$7,768
Dec 2003	0	460	30.26	6.30	$2,899
Nov 2003	0	389	28.80	4.60	$1,788
Oct 2003	0	311	28.17	4.76	$1,480
Sep 2003	0	409	26.31	4.75	$1,942
Aug 2003	0	555	29.76	5.13	$2,847
Jul 2003	0	582	29.41	5.17	$3,009
Jun 2003	0	343	28.56	5.98	$2,052
May 2003	0	514	26.59	5.97	$3,070
Apr 2003	0	538	26.67	5.41	$2,909
Mar 2003	171	470	31.14	6.10	$8,190
Feb 2003	0	497	33.48	7.93	$3,939
Jan 2003	0	595	30.31	5.58	$3,321
Dec 2002	0	760	26.91	4.85	$3,689
Nov 2002	0	826	24.66	4.14	$3,417
Oct 2002	0	628	26.46	4.23	$2,656
Sep 2002	0	578	27.44	3.64	$2,101
Aug 2002	0	599	25.96	3.16	$1,895
Jul 2002	0	721	24.58	3.06	$2,208
Jun 2002	161	950	23.73	3.34	$6,992
May 2002	0	500	24.66	3.58	$1,792
Apr 2002	0	580	23.65	3.51	$2,037
Mar 2002	0	420	22.00	3.10	$1,303
Feb 2002	0	359	18.22	2.38	$853
Jan 2002	0	456	17.17	2.38	$1,083
Dec 2001	0	586	16.93	2.36	$1,386
Nov 2001	171	633	18.07	2.41	$4,613
Oct 2001	0	638	19.78	2.53	$1,613
Sep 2001	0	748	24.26	2.25	$1,684
Aug 2001	0	321	24.87	3.05	$980
Jul 2001	0	526	23.93	3.20	$1,682
Jun 2001	0	453	24.56	3.82	$1,732
May 2001	0	530	25.52	4.31	$2,283
Apr 2001	0	381	24.68	5.34	$2,033
Mar 2001	0	448	24.54	5.38	$2,409
Feb 2001	0	526	27.75	5.77	$3,033
Jan 2001	0	785	27.47	8.40	$6,593
Dec 2000	175	735	26.88	9.12	$11,409
Nov 2000	0	877	32.21	5.66	$4,962
Oct 2000	0	431	31.23	5.15	$2,218
Sep 2000	0	418	31.87	5.19	$2,168
Aug 2000	0	881	29.64	4.54	$4,000
Jul 2000	0	950	28.53	4.09	$3,885
Jun 2000	0	1,006	29.30	4.40	$4,424
May 2000	0	873	27.26	3.68	$3,212
Apr 2000	169	950	24.51	3.12	$7,102
Mar 2000	0	1,305	28.42	2.86	$3,732
Feb 2000	0	1,231	27.62	2.73	$3,356
Jan 2000	0	1,378	25.27	2.48	$3,418
Dec 1999	0	506	24.28	2.42	$1,226
Nov 1999	0	839	23.19	2.43	$2,042
Oct 1999	0	594	20.98	2.80	$1,665
Sep 1999	173	524	21.75	2.62	$5,135
Aug 1999	0	470	19.26	2.88	$1,352
Jul 1999	0	458	17.89	2.37	$1,087
Jun 1999	0	381	15.94	2.36	$900
May 1999	0	461	15.79	2.32	$1,070
Apr 1999	0	409	15.10	2.21	$903
Mar 1999	0	340	12.47	1.84	$625
Feb 1999	0	324	9.98	1.82	$589
Jan 1999	0	453	10.38	1.90	$861
Dec 1998	180	418	9.20	1.77	$2,397
Nov 1998	0	568	10.89	2.19	$1,241
Oct 1998	0	505	12.42	1.97	$994
Sep 1998	0	455	12.59	2.08	$948
Aug 1998	0	511	11.30	1.91	$975
Jul 1998	0	549	11.74	2.24	$1,228
Jun 1998	0	514	11.24	2.24	$1,150
May 1998	0	544	12.62	2.21	$1,200
Apr 1998	171	620	13.04	2.51	$3,783
Mar 1998	0	541	12.80	2.31	$1,249
Feb 1998	0	432	13.95	2.30	$993
Jan 1998	0	565	14.70	2.15	$1,217
Dec 1997	0	611	16.32	2.41	$1,473
Nov 1997	6	599	18.19	3.09	$1,959
Oct 1997	0	636	19.25	3.15	$2,003
Sep 1997	0	537	17.74	2.95	$1,587
Aug 1997	0	559	17.86	2.55	$1,428
Jul 1997	0	687	17.58	2.25	$1,544
Jun 1997	0	684	17.24	2.26	$1,544
May 1997	166	832	18.97	2.31	$5,070
Apr 1997	0	763	17.88	2.08	$1,589
Mar 1997	0	796	18.95	1.94	$1,544
Feb 1997	0	668	20.49	2.21	$1,474
Jan 1997	0	839	23.48	3.54	$2,970
Dec 1996	0	729	23.32	—	$0
Nov 1996	168	832	21.97	—	$3,691
Oct 1996	0	658	23.31	—	$0
Sep 1996	0	780	22.22	—	$0
Aug 1996	0	884	20.26	—	$0
Jul 1996	0	769	19.55	—	$0
Jun 1996	0	908	18.73	—	$0
May 1996	170	948	19.43	—	$3,303
Apr 1996	0	945	21.51	—	$0
Mar 1996	1	1,197	19.38	—	$19
Feb 1996	0	997	16.98	—	$0
Jan 1996	0	1,142	17.07	—	$0
Dec 1995	171	1,280	17.19	—	$2,939
Nov 1995	0	1,245	16.00	—	$0
Oct 1995	0	1,222	15.43	—	$0
Sep 1995	0	1,177	16.18	—	$0
Aug 1995	0	1,209	15.92	—	$0
Jul 1995	0	1,064	15.24	—	$0
Jun 1995	166	1,204	16.41	—	$2,724
May 1995	0	1,320	17.56	—	$0
Apr 1995	0	1,034	17.73	—	$0
Mar 1995	0	1,092	16.44	—	$0
Feb 1995	0	998	16.58	—	$0
Jan 1995	172	1,314	15.92	—	$2,738
Dec 1994	0	1,263	15.03	—	$0
Nov 1994	0	1,088	15.90	—	$0
Oct 1994	0	1,354	15.58	—	$0
Sep 1994	174	1,961	15.29	—	$2,660
Aug 1994	1	1,864	16.13	—	$16
Jul 1994	0	1,334	17.56	—	$0
Jun 1994	0	1,474	17.09	—	$0
May 1994	175	1,595	15.88	—	$2,779
Apr 1994	0	1,880	14.14	—	$0
Mar 1994	0	1,628	12.46	—	$0
Feb 1994	186	1,565	12.50	—	$2,325
Jan 1994	0	1,643	12.66	—	$0
Dec 1993	0	1,876	12.33	—	$0
Nov 1993	174	2,040	14.49	—	$2,521
Oct 1993	0	2,224	15.85	—	$0
Sep 1993	0	2,141	15.03	—	$0
Aug 1993	145	2,302	15.66	—	$2,271
Jul 1993	178	2,819	15.46	—	$2,752
Jun 1993	0	2,630	16.79	—	$0
May 1993	175	2,476	17.68	—	$3,094
Apr 1993	0	3,007	18.05	—	$0
Mar 1993	0	4,411	18.14	—	$0
Feb 1993	170	3,884	17.90	—	$3,043
Jan 1993	176	3,475	16.93	—	$2,980

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.

Apr 2018 — as filed, then multipliedworked

Condensate            84 bbl  × $ 63.84 =     $5,363
Gas                    0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                   $5,363

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/142382 is the state's own key, not one this site invented.