UNIVERSITY 13

Operated by PRIMAL ENERGY CORPORATION (P-5 677741) in the INGHAM (CANYON 6400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142529District 7CField 445583332 tax incentive programmesCondensateGasSaveExport
Value, all time
$241 k
Jan 1993 – Mar 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1967-12-01
as the register files it
Field class
Oil and 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: AOF-1 AND AOF-2 EFFECTIVE 06/01/2005.

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
High Cost Gas111993-06-19126292
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
CondensateDisposition13 bbl$381
GasProduction81,764 Mcf$240,515
Total$240,896

29,677 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 30.6871, -101.6232. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.68711, -101.62323 · 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
7,858 ft
1 wells filed one
Completion to plug
18.6 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 7,858 ft.

Completions filed
Aug 1992
1 of 1 wells
Plug dates filed
Mar 2011
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053111427,858 ftAug 1992Mar 2011Yes

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 (219)

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

219 months

Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200801101.909.66$10
Feb 20080792.538.77$61
Jan 20080590.388.21$41
Dec 20070788.337.30$51
Nov 20070191.677.29$7
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007016969.066.39$1,080
Jul 2007026470.906.39$1,686
Jun 2007025562.007.55$1,925
May 2007019958.747.85$1,561
Apr 2007046759.617.81$3,645
Mar 2007035856.927.30$2,614
Feb 2007037055.108.22$3,040
Jan 2007049950.306.73$3,357
Dec 2006044956.656.92$3,106
Nov 2006038954.207.62$2,963
Oct 2006036154.906.01$2,171
Sep 2006041760.085.04$2,101
Aug 2006044468.717.34$3,259
Jul 2006045569.376.34$2,886
Jun 2006039666.286.38$2,528
May 2006039166.016.42$2,512
Apr 2006026464.397.36$1,943
Mar 2006034956.707.08$2,472
Feb 2006033757.597.75$2,612
Jan 2006034660.598.93$3,091
Dec 2005036954.9413.42$4,950
Nov 2005033254.6910.59$3,515
Oct 2005032458.3413.80$4,470
Sep 2005040261.4512.08$4,856
Aug 2005024861.519.80$2,430
Jul 2005035755.697.84$2,800
Jun 2005031552.337.38$2,325
May 2005033045.226.65$2,195
Apr 2005034049.207.36$2,503
Mar 2005036150.377.15$2,583
Feb 2005027445.226.31$1,729
Jan 2005032143.166.32$2,029
Dec 2004035639.866.75$2,403
Nov 2004028245.286.33$1,785
Oct 2004027849.706.52$1,811
Sep 2004034543.245.28$1,823
Aug 2004037142.375.55$2,059
Jul 2004037838.286.08$2,300
Jun 2004045236.106.43$2,908
May 2004040237.486.49$2,611
Apr 2004039334.475.86$2,302
Mar 2004040434.365.53$2,234
Feb 2004035132.455.51$1,934
Jan 2004044332.036.30$2,791
Dec 2003041330.266.30$2,603
Nov 2003038228.804.60$1,755
Oct 2003040128.174.76$1,909
Sep 2003038626.314.75$1,833
Aug 2003038429.765.13$1,970
Jul 2003044729.415.17$2,311
Jun 2003041528.565.98$2,483
May 2003045026.595.97$2,688
Apr 2003040426.675.41$2,185
Mar 2003036231.146.10$2,207
Feb 2003043833.487.93$3,472
Jan 2003035530.315.58$1,982
Dec 2002041026.914.85$1,990
Nov 2002035224.664.14$1,456
Oct 2002040326.464.23$1,704
Sep 2002090227.443.64$3,279
Aug 2002095825.963.16$3,031
Jul 2002029524.583.06$903
Jun 2002037923.733.34$1,265
May 2002040924.663.58$1,466
Apr 2002038623.653.51$1,356
Mar 2002039022.003.10$1,210
Feb 2002020518.222.38$487
Jan 2002014417.172.38$342
Dec 2001034516.932.36$816
Nov 2001030318.072.41$729
Oct 2001038019.782.53$961
Sep 2001036724.262.25$826
Aug 2001037724.873.05$1,151
Jul 2001036723.933.20$1,173
Jun 2001036524.563.82$1,396
May 2001042025.524.31$1,809
Apr 2001036424.685.34$1,942
Mar 2001041024.545.38$2,204
Feb 2001038727.755.77$2,232
Jan 2001042827.478.40$3,595
Dec 2000040626.889.12$3,704
Nov 2000038632.215.66$2,184
Oct 2000043831.235.15$2,254
Sep 2000041331.875.19$2,142
Aug 2000045829.644.54$2,080
Jul 2000057828.534.09$2,364
Jun 20001342029.304.40$2,228
May 2000051927.263.68$1,910
Apr 2000047124.513.12$1,468
Mar 2000054828.422.86$1,567
Feb 2000040027.622.73$1,091
Jan 2000052725.272.48$1,307
Dec 1999048624.282.42$1,178
Nov 1999050323.192.43$1,224
Oct 1999039620.982.80$1,110
Sep 1999040421.752.62$1,058
Aug 1999040819.262.88$1,173
Jul 1999043717.892.37$1,037
Jun 1999043915.942.36$1,037
May 1999050015.792.32$1,161
Apr 1999044815.102.21$989
Mar 1999049812.471.84$915
Feb 199904709.981.82$854
Jan 1999054810.381.90$1,041
Dec 199805229.201.77$926
Nov 1998044310.892.19$968
Oct 1998041912.421.97$825
Sep 1998030112.592.08$627
Aug 1998038711.301.91$738
Jul 1998049111.742.24$1,099
Jun 1998047411.242.24$1,060
May 1998046712.622.21$1,030
Apr 1998046913.042.51$1,175
Mar 1998047612.802.31$1,099
Feb 1998041713.952.30$959
Jan 1998053014.702.15$1,142
Dec 1997049316.322.41$1,189
Nov 1997015818.193.09$488
Oct 199709019.253.15$283
Sep 1997048717.742.95$1,439
Aug 1997042017.862.55$1,073
Jul 1997048017.582.25$1,079
Jun 1997056417.242.26$1,273
May 1997051818.972.31$1,196
Apr 1997052017.882.08$1,083
Mar 1997053218.951.94$1,032
Feb 1997052920.492.21$1,167
Jan 1997058823.483.54$2,081
Dec 1996056523.32$0
Nov 1996056221.97$0
Oct 1996053823.31$0
Sep 1996047622.22$0
Aug 1996058920.26$0
Jul 1996045619.55$0
Jun 1996053618.73$0
May 1996051219.43$0
Apr 1996039021.51$0
Mar 1996049619.38$0
Feb 1996051016.98$0
Jan 1996046117.07$0
Dec 1995058917.19$0
Nov 1995052416.00$0
Oct 1995053815.43$0
Sep 1995045816.18$0
Aug 1995027315.92$0
Jul 1995059215.24$0
Jun 1995052616.41$0
May 1995033817.56$0
Apr 1995030017.73$0
Mar 1995033316.44$0
Feb 1995031616.58$0
Jan 1995038415.92$0
Dec 1994037215.03$0
Nov 1994060215.90$0
Oct 1994051315.58$0
Sep 1994050515.29$0
Aug 1994049916.13$0
Jul 1994081717.56$0
Jun 1994040517.09$0
May 1994036315.88$0
Apr 1994031014.14$0
Mar 1994040312.46$0
Feb 1994042712.50$0
Jan 1994062412.66$0
Dec 1993048612.33$0
Nov 199301,11614.49$0
Oct 199301,23115.85$0
Sep 1993095115.03$0
Aug 199301,11815.66$0
Jul 199302,86215.46$0
Jun 1993076216.79$0
May 1993053917.68$0
Apr 199301,11518.05$0
Mar 199301,02818.14$0
Feb 1993072217.90$0
Jan 1993064516.93$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.

Mar 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $101.90 =         $0
Gas                    1 Mcf  × $  9.66 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/142529 is the state's own key, not one this site invented.