UNIVERSITY 23 W

Name: UNIVERSITY 23 W lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CAPITOL WELL SERVICING CO., INC. (P-5 130432) in the BAKER RANCH (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 143240District 7CField 051433002 tax incentive programmesCondensateGasSave Export

Value, all time

$555 k

Jan 1993 – Jul 2010

Value, last 12 filed months

at the published price for each month

Months reported

211

no gaps in the span

Streams

condensate, gas

The BAKER RANCH (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 132 leases and 192 wells, and the rule below applies to all of them.

Discovered

1976-03-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “THE TOLERANCE ACREAGE OF 40 WAS REMOVED PER DOCKET 7C-0231629.”

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	1994-02-09	127433
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	1,409 bbl	$31,233
Gas	Production	257,213 Mcf	$523,341
Total			$554,574

148,504 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 31.0240, -100.8959. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02404, -100.89586 · 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

7,460 ft

1 wells filed one

Completion to plug

17.7 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 7,460 ft.

Completions filed

Nov 1992

1 of 1 wells

Plug dates filed

Jul 2010

1 of 1 wells

Last completion to plug: a median of 17.7 years across the 1 well that filed both dates, with the middle half between 17.7 years and 17.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-41331797	4	7,460 ft	Nov 1992	Jul 2010	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 (211)

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

211 months


Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	1	66.16	3.90	$4
May 2009	0	1	54.74	3.93	$4
Apr 2009	0	14	46.77	3.59	$50
Mar 2009	0	62	42.14	4.06	$252
Feb 2009	0	345	32.81	4.63	$1,598
Jan 2009	0	237	35.86	5.37	$1,273
Dec 2008	0	316	37.10	5.98	$1,889
Nov 2008	0	397	55.49	6.86	$2,724
Oct 2008	0	420	75.24	6.92	$2,907
Sep 2008	0	403	101.76	7.88	$3,174
Aug 2008	0	422	114.22	8.48	$3,580
Jul 2008	0	427	131.08	11.39	$4,863
Jun 2008	0	410	131.33	13.03	$5,343
May 2008	0	418	123.17	11.57	$4,838
Apr 2008	0	406	110.31	10.45	$4,245
Mar 2008	0	431	101.90	9.66	$4,165
Feb 2008	0	394	92.53	8.77	$3,456
Jan 2008	0	425	90.38	8.21	$3,487
Dec 2007	0	443	88.33	7.30	$3,235
Nov 2007	0	425	91.67	7.29	$3,099
Oct 2007	0	438	82.85	6.92	$3,032
Sep 2007	0	431	75.84	6.24	$2,691
Aug 2007	0	456	69.06	6.39	$2,913
Jul 2007	0	462	70.90	6.39	$2,951
Jun 2007	0	454	62.00	7.55	$3,427
May 2007	0	485	58.74	7.85	$3,805
Apr 2007	0	410	59.61	7.81	$3,200
Mar 2007	0	499	56.92	7.30	$3,644
Feb 2007	0	478	55.10	8.22	$3,927
Jan 2007	0	531	50.30	6.73	$3,572
Dec 2006	0	549	56.65	6.92	$3,798
Nov 2006	0	487	54.20	7.62	$3,710
Oct 2006	0	643	54.90	6.01	$3,867
Sep 2006	0	724	60.08	5.04	$3,647
Aug 2006	0	427	68.71	7.34	$3,134
Jul 2006	0	447	69.37	6.34	$2,835
Jun 2006	0	453	66.28	6.38	$2,892
May 2006	0	483	66.01	6.42	$3,103
Apr 2006	0	483	64.39	7.36	$3,555
Mar 2006	0	523	56.70	7.08	$3,704
Feb 2006	0	505	57.59	7.75	$3,914
Jan 2006	0	593	60.59	8.93	$5,297
Dec 2005	0	717	54.94	13.42	$9,619
Nov 2005	0	734	54.69	10.59	$7,772
Oct 2005	0	794	58.34	13.80	$10,954
Sep 2005	0	809	61.45	12.08	$9,772
Aug 2005	0	781	61.51	9.80	$7,651
Jul 2005	100	449	55.69	7.84	$9,091
Jun 2005	0	579	52.33	7.38	$4,274
May 2005	116	878	45.22	6.65	$11,085
Apr 2005	0	394	49.20	7.36	$2,900
Mar 2005	0	476	50.37	7.15	$3,406
Feb 2005	0	672	45.22	6.31	$4,242
Jan 2005	0	819	43.16	6.32	$5,178
Dec 2004	1	861	39.86	6.75	$5,853
Nov 2004	0	823	45.28	6.33	$5,210
Oct 2004	0	832	49.70	6.52	$5,421
Sep 2004	0	833	43.24	5.28	$4,401
Aug 2004	0	767	42.37	5.55	$4,257
Jul 2004	0	783	38.28	6.08	$4,764
Jun 2004	0	888	36.10	6.43	$5,713
May 2004	0	695	37.48	6.49	$4,514
Apr 2004	0	803	34.47	5.86	$4,704
Mar 2004	0	959	34.36	5.53	$5,303
Feb 2004	0	997	32.45	5.51	$5,493
Jan 2004	0	1,051	32.03	6.30	$6,621
Dec 2003	0	1,185	30.26	6.30	$7,467
Nov 2003	0	1,026	28.80	4.60	$4,715
Oct 2003	0	527	28.17	4.76	$2,508
Sep 2003	0	761	26.31	4.75	$3,614
Aug 2003	0	764	29.76	5.13	$3,919
Jul 2003	0	851	29.41	5.17	$4,400
Jun 2003	0	731	28.56	5.98	$4,374
May 2003	0	1,014	26.59	5.97	$6,056
Apr 2003	0	770	26.67	5.41	$4,164
Mar 2003	0	850	31.14	6.10	$5,182
Feb 2003	0	818	33.48	7.93	$6,483
Jan 2003	0	871	30.31	5.58	$4,862
Dec 2002	0	1,173	26.91	4.85	$5,693
Nov 2002	0	1,218	24.66	4.14	$5,039
Oct 2002	0	1,251	26.46	4.23	$5,291
Sep 2002	0	1,257	27.44	3.64	$4,569
Aug 2002	0	1,097	25.96	3.16	$3,471
Jul 2002	0	746	24.58	3.06	$2,284
Jun 2002	0	704	23.73	3.34	$2,350
May 2002	0	973	24.66	3.58	$3,487
Apr 2002	0	1,216	23.65	3.51	$4,271
Mar 2002	0	1,299	22.00	3.10	$4,030
Feb 2002	0	1,257	18.22	2.38	$2,986
Jan 2002	0	855	17.17	2.38	$2,031
Dec 2001	0	652	16.93	2.36	$1,542
Nov 2001	0	962	18.07	2.41	$2,314
Oct 2001	0	623	19.78	2.53	$1,575
Sep 2001	0	855	24.26	2.25	$1,925
Aug 2001	0	612	24.87	3.05	$1,869
Jul 2001	0	766	23.93	3.20	$2,449
Jun 2001	0	636	24.56	3.82	$2,432
May 2001	0	680	25.52	4.31	$2,929
Apr 2001	0	851	24.68	5.34	$4,540
Mar 2001	0	723	24.54	5.38	$3,887
Feb 2001	0	764	27.75	5.77	$4,406
Jan 2001	0	756	27.47	8.40	$6,349
Dec 2000	0	636	26.88	9.12	$5,802
Nov 2000	0	560	32.21	5.66	$3,168
Oct 2000	0	771	31.23	5.15	$3,967
Sep 2000	0	846	31.87	5.19	$4,388
Aug 2000	0	738	29.64	4.54	$3,351
Jul 2000	0	860	28.53	4.09	$3,517
Jun 2000	0	952	29.30	4.40	$4,186
May 2000	0	867	27.26	3.68	$3,190
Apr 2000	0	805	24.51	3.12	$2,508
Mar 2000	0	902	28.42	2.86	$2,579
Feb 2000	0	886	27.62	2.73	$2,416
Jan 2000	0	988	25.27	2.48	$2,451
Dec 1999	0	985	24.28	2.42	$2,387
Nov 1999	0	782	23.19	2.43	$1,903
Oct 1999	47	898	20.98	2.80	$3,504
Sep 1999	0	1,046	21.75	2.62	$2,739
Aug 1999	16	1,049	19.26	2.88	$3,325
Jul 1999	153	639	17.89	2.37	$4,253
Jun 1999	0	788	15.94	2.36	$1,861
May 1999	0	1,002	15.79	2.32	$2,326
Apr 1999	0	674	15.10	2.21	$1,488
Mar 1999	0	622	12.47	1.84	$1,143
Feb 1999	0	602	9.98	1.82	$1,094
Jan 1999	0	633	10.38	1.90	$1,203
Dec 1998	0	695	9.20	1.77	$1,232
Nov 1998	0	772	10.89	2.19	$1,687
Oct 1998	0	912	12.42	1.97	$1,796
Sep 1998	0	976	12.59	2.08	$2,033
Aug 1998	0	761	11.30	1.91	$1,451
Jul 1998	0	767	11.74	2.24	$1,716
Jun 1998	0	712	11.24	2.24	$1,593
May 1998	0	675	12.62	2.21	$1,489
Apr 1998	0	921	13.04	2.51	$2,307
Mar 1998	0	915	12.80	2.31	$2,113
Feb 1998	0	686	13.95	2.30	$1,577
Jan 1998	0	821	14.70	2.15	$1,769
Dec 1997	0	821	16.32	2.41	$1,980
Nov 1997	0	896	18.19	3.09	$2,767
Oct 1997	6	1,178	19.25	3.15	$3,826
Sep 1997	0	870	17.74	2.95	$2,571
Aug 1997	150	739	17.86	2.55	$4,567
Jul 1997	0	836	17.58	2.25	$1,878
Jun 1997	0	1,139	17.24	2.26	$2,571
May 1997	1	921	18.97	2.31	$2,145
Apr 1997	0	1,048	17.88	2.08	$2,183
Mar 1997	0	1,075	18.95	1.94	$2,085
Feb 1997	0	968	20.49	2.21	$2,135
Jan 1997	0	1,228	23.48	3.54	$4,347
Dec 1996	0	1,267	23.32	—	$0
Nov 1996	0	1,390	21.97	—	$0
Oct 1996	0	1,454	23.31	—	$0
Sep 1996	0	1,334	22.22	—	$0
Aug 1996	0	1,593	20.26	—	$0
Jul 1996	0	1,704	19.55	—	$0
Jun 1996	0	1,760	18.73	—	$0
May 1996	0	1,808	19.43	—	$0
Apr 1996	0	1,791	21.51	—	$0
Mar 1996	164	1,779	19.38	—	$3,178
Feb 1996	0	1,446	16.98	—	$0
Jan 1996	0	1,890	17.07	—	$0
Dec 1995	0	1,903	17.19	—	$0
Nov 1995	0	1,906	16.00	—	$0
Oct 1995	0	2,065	15.43	—	$0
Sep 1995	0	2,021	16.18	—	$0
Aug 1995	0	2,208	15.92	—	$0
Jul 1995	0	2,233	15.24	—	$0
Jun 1995	0	2,186	16.41	—	$0
May 1995	0	2,283	17.56	—	$0
Apr 1995	0	2,213	17.73	—	$0
Mar 1995	0	2,345	16.44	—	$0
Feb 1995	0	2,291	16.58	—	$0
Jan 1995	164	2,547	15.92	—	$2,611
Dec 1994	0	2,611	15.03	—	$0
Nov 1994	0	2,592	15.90	—	$0
Oct 1994	0	2,771	15.58	—	$0
Sep 1994	0	2,727	15.29	—	$0
Aug 1994	0	2,983	16.13	—	$0
Jul 1994	0	3,037	17.56	—	$0
Jun 1994	0	2,231	17.09	—	$0
May 1994	0	2,867	15.88	—	$0
Apr 1994	0	2,614	14.14	—	$0
Mar 1994	0	2,781	12.46	—	$0
Feb 1994	0	2,636	12.50	—	$0
Jan 1994	166	3,918	12.66	—	$2,102
Dec 1993	0	3,742	12.33	—	$0
Nov 1993	0	4,252	14.49	—	$0
Oct 1993	0	4,533	15.85	—	$0
Sep 1993	0	4,772	15.03	—	$0
Aug 1993	0	5,158	15.66	—	$0
Jul 1993	0	5,216	15.46	—	$0
Jun 1993	157	5,503	16.79	—	$2,636
May 1993	0	6,114	17.68	—	$0
Apr 1993	0	6,358	18.05	—	$0
Mar 1993	0	7,287	18.14	—	$0
Feb 1993	168	7,290	17.90	—	$3,007
Jan 1993	0	9,094	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.

Jun 2009 — as filed, then multipliedworked

Condensate             0 bbl  × $ 66.16 =         $0
Gas                    1 Mcf  × $  3.90 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/143240 is the state's own key, not one this site invented.