STATE UNIVERSITY ES

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 148478District 7CField 375052002 tax incentive programmesCondensateGasSaveExport
Value, all time
$307 k
Jan 1994 – Apr 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
316
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111994-10-13130665
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
CondensateDisposition619 bbl$11,638
GasProduction169,092 Mcf$295,175
Total$306,812

96,222 Mcf of this lease's gas, across 36 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 31.0736, -100.8653. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.07357, -100.86534 · 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
7,373 ft
1 wells filed one
Completion to plug
26.3 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 7,373 ft.

Completions filed
Jan 1994
1 of 1 wells
Plug dates filed
Apr 2020
1 of 1 wells

Last completion to plug: a median of 26.3 years across the 1 well that filed both dates, with the middle half between 26.3 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133185927,373 ftJan 1994Apr 2020Yes

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 (316)

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

316 months

Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20162041.622.92$83
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110394.144.52$14
Jun 2011010892.904.64$501
May 2011022298.134.40$978
Apr 20110217105.964.33$940
Mar 2011029296.364.06$1,185
Feb 2011011985.644.18$497
Jan 2011029386.504.59$1,345
Dec 2010030285.734.35$1,313
Nov 2010027480.843.80$1,040
Oct 2010027978.103.51$979
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 20100478.394.39$18
Feb 201006073.585.44$327
Jan 2010013674.365.96$811
Dec 2009014571.445.48$795
Nov 2009013074.593.75$488
Oct 2009014772.544.11$604
Sep 2009014565.543.06$444
Aug 2009015667.423.22$502
Jul 2009017161.133.46$592
Jun 2009017066.163.90$662
May 2009018354.743.93$718
Apr 2009019546.773.59$700
Mar 2009021542.144.06$873
Feb 2009019432.814.63$899
Jan 2009021135.865.37$1,133
Dec 2008021037.105.98$1,255
Nov 2008020855.496.86$1,427
Oct 2008021375.246.92$1,474
Sep 20080207101.767.88$1,631
Aug 20080217114.228.48$1,841
Jul 20080217131.0811.39$2,472
Jun 20080209131.3313.03$2,724
May 20080218123.1711.57$2,523
Apr 20080208110.3110.45$2,175
Mar 20080220101.909.66$2,126
Feb 2008020592.538.77$1,798
Jan 2008022290.388.21$1,822
Dec 2007022488.337.30$1,636
Nov 2007018391.677.29$1,334
Oct 2007015182.856.92$1,045
Sep 2007017475.846.24$1,086
Aug 2007017969.066.39$1,143
Jul 2007017870.906.39$1,137
Jun 2007017062.007.55$1,283
May 2007018558.747.85$1,452
Apr 2007017759.617.81$1,382
Mar 2007019456.927.30$1,417
Feb 2007017655.108.22$1,446
Jan 2007019150.306.73$1,285
Dec 2006019656.656.92$1,356
Nov 2006018354.207.62$1,394
Oct 2006019354.906.01$1,161
Sep 2006018760.085.04$942
Aug 2006020568.717.34$1,505
Jul 2006020869.376.34$1,319
Jun 2006017866.286.38$1,136
May 2006020366.016.42$1,304
Apr 2006019664.397.36$1,443
Mar 2006021156.707.08$1,495
Feb 2006018457.597.75$1,426
Jan 2006020560.598.93$1,831
Dec 2005022454.9413.42$3,005
Nov 2005022254.6910.59$2,351
Oct 2005023158.3413.80$3,187
Sep 2005023361.4512.08$2,814
Aug 2005024561.519.80$2,400
Jul 2005020355.697.84$1,592
Jun 2005024952.337.38$1,838
May 2005029845.226.65$1,982
Apr 2005024449.207.36$1,796
Mar 2005627950.377.15$2,298
Feb 2005025345.226.31$1,597
Jan 2005028143.166.32$1,777
Dec 2004029139.866.75$1,965
Nov 2004028845.286.33$1,823
Oct 2004030649.706.52$1,994
Sep 2004030443.245.28$1,606
Aug 2004030142.375.55$1,671
Jul 2004036938.286.08$2,245
Jun 2004029936.106.43$1,923
May 2004036837.486.49$2,390
Apr 2004037034.475.86$2,168
Mar 2004038534.365.53$2,129
Feb 2004037732.455.51$2,077
Jan 2004042232.036.30$2,658
Dec 2003045630.266.30$2,874
Nov 2003034428.804.60$1,581
Oct 2003038228.174.76$1,818
Sep 2003039726.314.75$1,886
Aug 2003036729.765.13$1,883
Jul 2003032929.415.17$1,701
Jun 2003030428.565.98$1,819
May 2003041926.595.97$2,503
Apr 20032942526.675.41$3,072
Mar 2003038531.146.10$2,347
Feb 2003040133.487.93$3,178
Jan 2003044330.315.58$2,473
Dec 2002048926.914.85$2,373
Nov 2002047024.664.14$1,944
Oct 2002049626.464.23$2,098
Sep 2002049627.443.64$1,803
Aug 2002053725.963.16$1,699
Jul 2002041524.583.06$1,271
Jun 20024949023.733.34$2,799
May 2002053624.663.58$1,921
Apr 2002053223.653.51$1,869
Mar 2002060422.003.10$1,874
Feb 2002059218.222.38$1,406
Jan 2002050017.172.38$1,188
Dec 2001052716.932.36$1,246
Nov 2001052218.072.41$1,256
Oct 2001054519.782.53$1,378
Sep 2001054324.262.25$1,222
Aug 2001038524.873.05$1,175
Jul 2001029223.933.20$934
Jun 2001034424.563.82$1,316
May 2001035825.524.31$1,542
Apr 2001035324.685.34$1,883
Mar 2001038924.545.38$2,091
Feb 2001037427.755.77$2,157
Jan 2001047827.478.40$4,015
Dec 2000048626.889.12$4,434
Nov 2000047232.215.66$2,671
Oct 2000049231.235.15$2,532
Sep 20004348731.875.19$3,896
Aug 2000053629.644.54$2,434
Jul 2000044528.534.09$1,820
Jun 2000043629.304.40$1,917
May 2000046527.263.68$1,711
Apr 2000046724.513.12$1,455
Mar 2000052228.422.86$1,493
Feb 2000142527.622.73$1,186
Jan 2000050525.272.48$1,253
Dec 1999058324.282.42$1,413
Nov 1999057723.192.43$1,404
Oct 1999050920.982.80$1,427
Sep 1999051021.752.62$1,336
Aug 1999054819.262.88$1,576
Jul 1999059017.892.37$1,400
Jun 1999062615.942.36$1,479
May 1999068215.792.32$1,583
Apr 1999062015.102.21$1,369
Mar 19995762012.471.84$1,851
Feb 199906249.981.82$1,134
Jan 1999070510.381.90$1,339
Dec 199807269.201.77$1,287
Nov 199801,54610.892.19$3,379
Oct 1998073612.421.97$1,449
Sep 1998074512.592.08$1,552
Aug 1998080711.301.91$1,539
Jul 199801,01111.742.24$2,262
Jun 199801,32911.242.24$2,973
May 1998085912.622.21$1,895
Apr 1998088213.042.51$2,210
Mar 1998092512.802.31$2,136
Feb 1998088513.952.30$2,035
Jan 1998671,04414.702.15$3,235
Dec 199701,05516.322.41$2,544
Nov 199701,03318.193.09$3,190
Oct 199701,11319.253.15$3,506
Sep 199701,04817.742.95$3,097
Aug 199701,09317.862.55$2,792
Jul 199701,14217.582.25$2,566
Jun 199701,17717.242.26$2,657
May 199711,24818.972.31$2,900
Apr 199701,28617.882.08$2,678
Mar 199701,23818.951.94$2,401
Feb 199701,13120.492.21$2,495
Jan 199701,46223.483.54$5,175
Dec 199601,49223.32$0
Nov 1996831,49621.97$1,824
Oct 199601,60623.31$0
Sep 199601,57322.22$0
Aug 199601,73320.26$0
Jul 199601,55019.55$0
Jun 199601,74918.73$0
May 199601,70619.43$0
Apr 199601,91321.51$0
Mar 199602,07319.38$0
Feb 199602,52116.98$0
Jan 1996692,09017.07$1,178
Dec 199502,17117.19$0
Nov 199502,10516.00$0
Oct 199502,31815.43$0
Sep 199502,44016.18$0
Aug 199502,78615.92$0
Jul 199502,12115.24$0
Jun 199501,97816.41$0
May 199502,13617.56$0
Apr 199502,26917.73$0
Mar 1995822,45516.44$1,348
Feb 199502,30016.58$0
Jan 199502,71015.92$0
Dec 199402,99915.03$0
Nov 199402,95215.90$0
Oct 199403,56115.58$0
Sep 1994823,64315.29$1,254
Aug 199403,30716.13$0
Jul 199403,46917.56$0
Jun 199404,04717.09$0
May 199404,31515.88$0
Apr 199404,22014.14$0
Mar 199406,45212.46$0
Feb 1994487,67612.50$600
Jan 1994029012.66$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.

Jul 2016 — as filed, then multipliedworked
Condensate             2 bbl  × $ 41.62 =        $83
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                      $83

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/148478 is the state's own key, not one this site invented.