UNIVERSITY 31

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the PAKENHAM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148690District 7CField 684608002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Feb 1994 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
388
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 173 leases and 173 wells, and the rule below applies to all of them.

Discovered
1975-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,000 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-27.

The Commission's schedule remark for this field reads: PER DOCKET 7C-0210603 2/27/96 OPOTIONAL 40 ACRE UNITS ESTABLISHED

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 Gas111994-12-06131101
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
CondensateDisposition3,348 bbl$67,321
GasProduction1,300,172 Mcf$3,152,862
Total$3,220,183

527,048 Mcf of this lease's gas, across 35 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 30.4504, -102.0267. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45038, -102.02674 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,064 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 8,064 ft.

Completions filed
Feb 1994
1 of 1 wells

1 well

42-4433037928,064 ftFeb 1994

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 (388)

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

388 months

May 20260519106.413.05$1,581
Apr 2026047798.932.87$1,369
Mar 2026051089.753.15$1,606
Feb 2026047863.503.75$1,793
Jan 2026059859.138.00$4,783
Dec 2025094556.664.41$4,171
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025063162.743.08$1,942
Aug 2025066263.933.01$1,996
Jul 2025071966.743.32$2,384
Jun 2025081266.483.13$2,541
May 20250060.553.23$0
Apr 202502762.363.54$96
Mar 2025066167.704.27$2,821
Feb 2025064970.884.34$2,817
Jan 2025083274.324.28$3,560
Dec 202401,08568.993.12$3,387
Nov 2024012869.052.20$281
Oct 202401,06271.372.28$2,423
Sep 202404469.612.36$104
Aug 2024072975.632.06$1,504
Jul 2024090379.932.15$1,938
Jun 2024036578.082.63$961
May 20240078.812.20$0
Apr 2024047884.451.66$793
Mar 2024068780.301.55$1,062
Feb 2024077576.091.78$1,382
Jan 2024056873.023.30$1,873
Dec 2023071571.262.61$1,867
Nov 2023067177.892.81$1,884
Oct 2023070385.443.09$2,170
Sep 2023071789.042.74$1,961
Aug 2023080680.522.67$2,154
Jul 2023052174.852.64$1,376
Jun 2023064668.962.26$1,459
May 2023072170.622.23$1,606
Apr 2023070778.122.24$1,582
Mar 2023074972.852.39$1,792
Feb 2023075575.112.47$1,862
Jan 2023078076.533.39$2,642
Dec 2022074676.415.73$4,274
Nov 2022075285.005.65$4,246
Oct 2022075787.185.86$4,439
Sep 2022076384.888.16$6,229
Aug 2022078494.529.13$7,156
Jul 20220714101.587.54$5,385
Jun 20220722115.097.98$5,760
May 20220814109.378.43$6,864
Apr 20220805104.226.84$5,504
Mar 20220798108.885.08$4,051
Feb 2022073691.054.86$3,576
Jan 2022086081.844.54$3,902
Dec 2021082971.323.90$3,232
Nov 2021082577.435.24$4,320
Oct 2021085179.795.71$4,863
Sep 2021081369.865.35$4,350
Aug 2021085066.024.22$3,588
Jul 2021089170.783.98$3,548
Jun 2021082369.493.38$2,782
May 2021079263.483.02$2,390
Apr 2021077860.362.76$2,146
Mar 2021085861.302.72$2,331
Feb 202101,12457.805.55$6,236
Jan 2021086450.412.81$2,428
Dec 2020083944.642.68$2,245
Nov 2020085538.772.71$2,314
Oct 2020085536.972.48$2,119
Sep 2020084537.091.99$1,682
Aug 2020083639.982.39$1,994
Jul 2020083838.371.83$1,529
Jun 2020084334.901.69$1,425
May 2020085216.921.81$1,546
Apr 2020082914.751.80$1,496
Mar 2020088330.341.86$1,639
Feb 2020080049.881.98$1,585
Jan 2020085257.252.09$1,785
Dec 2019086559.012.30$1,993
Nov 2019085055.302.75$2,338
Oct 2019083953.472.42$2,029
Sep 2019081155.052.66$2,155
Aug 2019079753.112.30$1,837
Jul 2019079856.272.46$1,963
Jun 2019084452.782.49$2,103
May 2019085158.482.74$2,332
Apr 2019084562.632.75$2,324
Mar 2019091056.803.06$2,787
Feb 2019084950.852.79$2,371
Jan 201901,01146.033.23$3,264
Dec 201801,02946.594.19$4,307
Nov 2018091452.934.24$3,873
Oct 2018095161.443.40$3,232
Sep 2018096159.543.11$2,987
Aug 2018093559.403.07$2,867
Jul 2018065565.142.93$1,920
Jun 2018082360.183.08$2,532
May 2018084065.382.90$2,437
Apr 2018090563.842.90$2,625
Mar 2018093361.222.79$2,600
Feb 2018048361.782.77$1,336
Jan 2018094062.874.01$3,769
Dec 2017080757.272.92$2,358
Nov 2017058755.423.12$1,830
Oct 2017094649.292.98$2,823
Sep 2017094747.523.09$2,924
Aug 2017098045.373.00$2,944
Jul 2017098143.873.09$3,029
Jun 2017098142.493.09$3,029
May 201701,01245.373.26$3,303
Apr 201701,03947.933.21$3,337
Mar 201701,09446.772.98$3,264
Feb 2017098950.452.95$2,920
Jan 201701,14349.413.42$3,908
Dec 201601,16748.763.72$4,345
Nov 201601,09342.492.64$2,890
Oct 201601,08846.193.09$3,362
Sep 201601,03841.553.10$3,218
Aug 201601,13741.442.92$3,325
Jul 201601,19041.622.92$3,480
Jun 201601,13645.352.69$3,051
May 201601,22542.521.99$2,439
Apr 201601,22936.561.99$2,447
Mar 201601,37633.011.79$2,469
Feb 2016093826.472.06$1,936
Jan 2016070227.352.36$1,660
Dec 201511,01232.362.00$2,058
Nov 2015194738.792.17$2,091
Oct 201511,05143.552.43$2,594
Sep 2015196842.992.76$2,713
Aug 201511,05240.162.87$3,062
Jul 201511,25048.152.95$3,730
Jun 201511,27956.152.88$3,743
May 201511,28355.212.96$3,847
Apr 201511,25749.822.71$3,452
Mar 201512,07342.892.93$6,127
Feb 2015196244.662.98$2,908
Jan 2015095643.433.10$2,964
Dec 2014198254.693.59$3,581
Nov 2014197370.464.25$4,208
Oct 201411,21678.303.90$4,822
Sep 201401,30986.164.05$5,295
Aug 201401,14589.394.04$4,620
Jul 201401,10496.564.18$4,614
Jun 201401,05698.164.74$5,002
May 201401,17394.734.73$5,544
Apr 201401,07195.944.81$5,151
Mar 201401,09395.895.06$5,527
Feb 2014098997.406.19$6,124
Jan 201401,16990.404.86$5,682
Dec 201301,28991.824.35$5,613
Nov 201301,26588.853.74$4,729
Oct 201301,39397.423.78$5,265
Sep 201301,353104.113.72$5,030
Aug 201301,340104.253.52$4,720
Jul 201301,202102.523.72$4,469
Jun 201301,17994.403.93$4,637
May 201301,31194.834.15$5,439
Apr 201301,40393.964.28$6,008
Mar 201301,21093.623.91$4,735
Feb 201301,16891.233.42$3,994
Jan 201301,39991.603.42$4,784
Dec 201201,44786.773.42$4,949
Nov 201201,46186.953.62$5,296
Oct 201201,54189.383.40$5,239
Sep 201201,58094.672.92$4,611
Aug 201201,71392.662.91$4,982
Jul 201201,49685.133.02$4,519
Jun 201201,26579.822.52$3,187
May 201201,28191.612.49$3,188
Apr 201201,331101.652.00$2,658
Mar 201202,068105.052.22$4,595
Feb 201201,323101.102.57$3,400
Jan 201201,44898.092.73$3,959
Dec 201101,55196.873.24$5,025
Nov 201101,57295.723.31$5,205
Oct 201101,61284.983.65$5,881
Sep 201101,62783.623.99$6,485
Aug 201101,75783.404.15$7,290
Jul 201101,62794.144.52$7,350
Jun 201101,70692.904.64$7,916
May 201101,46398.134.40$6,444
Apr 201101,376105.964.33$5,963
Mar 201101,47896.364.06$5,997
Feb 201101,25585.644.18$5,246
Jan 201101,42986.504.59$6,557
Dec 201001,69985.734.35$7,387
Nov 2010047080.843.80$1,784
Oct 201001,40178.103.51$4,916
Sep 201001,33972.633.98$5,329
Aug 201001,40273.684.42$6,196
Jul 201001,42572.554.74$6,750
Jun 201001,40570.364.91$6,899
May 201001,53571.124.24$6,501
Apr 201001,60881.694.12$6,629
Mar 201001,80478.394.39$7,917
Feb 201001,59673.585.44$8,686
Jan 201001,75974.365.96$10,491
Dec 200901,08071.445.48$5,922
Nov 200901,14874.593.75$4,307
Oct 200901,43472.544.11$5,894
Sep 200901,25165.543.06$3,834
Aug 200901,30667.423.22$4,203
Jul 200901,25161.133.46$4,334
Jun 200901,32866.163.90$5,173
May 200901,41454.743.93$5,551
Apr 200921,39646.773.59$5,102
Mar 200941,34242.144.06$5,616
Feb 200971,32332.814.63$6,359
Jan 200981,76335.865.37$9,756
Dec 2008121,87337.105.98$11,640
Nov 200881,96955.496.86$13,952
Oct 2008142,41975.246.92$17,798
Sep 20086407101.767.88$3,817
Aug 2008131,891114.228.48$17,526
Jul 2008121,908131.0811.39$23,304
Jun 2008101,762131.3313.03$24,277
May 2008101,845123.1711.57$22,586
Apr 200861,825110.3110.45$19,742
Mar 200801,891101.909.66$18,275
Feb 200801,81692.538.77$15,927
Jan 200802,01490.388.21$16,526
Dec 200702,00188.337.30$14,611
Nov 200701,98891.677.29$14,496
Oct 200701,94982.856.92$13,491
Sep 200701,96975.846.24$12,295
Aug 200702,11069.066.39$13,479
Jul 200702,26970.906.39$14,494
Jun 200702,07262.007.55$15,640
May 200702,00958.747.85$15,763
Apr 200701,98459.617.81$15,486
Mar 200702,03156.927.30$14,830
Feb 200701,81155.108.22$14,879
Jan 200702,01550.306.73$13,555
Dec 200602,08256.656.92$14,404
Nov 200602,01454.207.62$15,342
Oct 200652,03654.906.01$12,519
Sep 200602,04060.085.04$10,276
Aug 200602,15368.717.34$15,803
Jul 200602,11569.376.34$13,415
Jun 200662,31766.286.38$15,189
May 200602,44166.016.42$15,683
Apr 200601,18664.397.36$8,730
Mar 200601,48656.707.08$10,525
Feb 200601,75557.597.75$13,603
Jan 200602,07760.598.93$18,555
Dec 200512,09354.9413.42$28,133
Nov 200502,12154.6910.59$22,458
Oct 200502,38358.3413.80$32,875
Sep 200502,43061.4512.08$29,352
Aug 2005112,41161.519.80$24,297
Jul 200502,09355.697.84$16,417
Jun 200561,80552.337.38$13,637
May 200501,87845.226.65$12,491
Apr 200582,05349.207.36$15,505
Mar 200502,66650.377.15$19,075
Feb 200502,44845.226.31$15,452
Jan 200502,74043.166.32$17,323
Dec 200402,67639.866.75$18,066
Nov 200432,38745.286.33$15,247
Oct 200422,81349.706.52$18,426
Sep 200402,38243.245.28$12,586
Aug 200402,61242.375.55$14,498
Jul 200402,54638.286.08$15,490
Jun 200402,46536.106.43$15,857
May 200402,57737.486.49$16,737
Apr 200402,64534.475.86$15,496
Mar 200412,62034.365.53$14,523
Feb 200402,40732.455.51$13,262
Jan 200402,77532.036.30$17,482
Dec 200302,76230.266.30$17,405
Nov 200302,59728.804.60$11,934
Oct 200302,60228.174.76$12,385
Sep 200322,67226.314.75$12,743
Aug 200302,70929.765.13$13,896
Jul 200303,06529.415.17$15,849
Jun 200303,00128.565.98$17,955
May 200303,21926.595.97$19,226
Apr 200303,32326.675.41$17,968
Mar 200303,42331.146.10$20,867
Feb 200302,53733.487.93$20,108
Jan 200303,73130.315.58$20,827
Dec 200203,83326.914.85$18,604
Nov 200203,78724.664.14$15,667
Oct 200203,96926.464.23$16,785
Sep 200203,79827.443.64$13,806
Aug 200203,85525.963.16$12,198
Jul 200203,90624.583.06$11,959
Jun 200203,94423.733.34$13,166
May 200204,40924.663.58$15,802
Apr 200243,28323.653.51$11,626
Mar 20021711,84722.003.10$9,493
Feb 200203,65518.222.38$8,683
Jan 200204,28817.172.38$10,187
Dec 200104,42116.932.36$10,453
Nov 2001114,20718.072.41$10,319
Oct 200104,50919.782.53$11,403
Sep 200104,48624.262.25$10,099
Aug 200104,72924.873.05$14,438
Jul 200104,76023.933.20$15,218
Jun 200144,61024.563.82$17,728
May 200104,87425.524.31$20,994
Apr 200105,06024.685.34$26,997
Mar 200115,32224.545.38$28,638
Feb 200105,03927.755.77$29,060
Jan 200105,95727.478.40$50,031
Dec 200005,03526.889.12$45,932
Nov 200004,95532.215.66$28,035
Oct 200005,57931.235.15$28,707
Sep 200005,16531.875.19$26,788
Aug 20001885,39329.644.54$30,061
Jul 2000285,42128.534.09$22,969
Jun 200005,40829.304.40$23,780
May 200005,48127.263.68$20,169
Apr 200005,34224.513.12$16,646
Mar 200005,82728.422.86$16,664
Feb 200006,25627.622.73$17,057
Jan 200005,37825.272.48$13,340
Dec 199906,11224.282.42$14,814
Nov 199928,03523.192.43$19,603
Oct 19991125,35620.982.80$17,366
Sep 199905,34521.752.62$13,998
Aug 199906,12619.262.88$17,616
Jul 199905,68217.892.37$13,480
Jun 199905,41615.942.36$12,793
May 199905,80115.792.32$13,464
Apr 199905,55515.102.21$12,266
Mar 199905,36912.471.84$9,870
Feb 199905,4839.981.82$9,967
Jan 199905,14310.381.90$9,771
Dec 19981685,9889.201.77$12,164
Nov 199806,28810.892.19$13,744
Oct 199806,71512.421.97$13,223
Sep 199805,50912.592.08$11,473
Aug 199806,26111.301.91$11,942
Jul 199807,72911.742.24$17,292
Jun 1998345,62911.242.24$12,976
May 199806,42112.622.21$14,167
Apr 199806,12313.042.51$15,340
Mar 199807,42412.802.31$17,145
Feb 199805,78313.952.30$13,296
Jan 19981717,33014.702.15$18,308
Dec 199706,40516.322.41$15,443
Nov 199707,30318.193.09$22,554
Oct 199707,87519.253.15$24,805
Sep 199706,78917.742.95$20,061
Aug 199707,73217.862.55$19,753
Jul 19971916,43317.582.25$17,812
Jun 199706,60517.242.26$14,909
May 199706,60718.972.31$15,252
Apr 199706,37017.882.08$13,267
Mar 199706,69218.951.94$12,977
Feb 199707,81920.492.21$17,248
Jan 199707,14323.483.54$25,284
Dec 199608,49623.32$0
Nov 199607,64021.97$0
Oct 19961969,28523.31$4,569
Sep 199608,49522.22$0
Aug 199608,84320.26$0
Jul 199609,32019.55$0
Jun 199608,58018.73$0
May 199609,27019.43$0
Apr 199609,69021.51$0
Mar 1996112,22119.38$19
Feb 1996197,57016.98$323
Jan 199609,38117.07$0
Dec 199509,24517.19$0
Nov 1995010,68016.00$0
Oct 1995010,02515.43$0
Sep 1995010,53116.18$0
Aug 199519611,29315.92$3,120
Jul 1995013,19015.24$0
Jun 1995011,40316.41$0
May 199518112,52117.56$3,178
Apr 1995012,22017.73$0
Mar 1995014,02016.44$0
Feb 1995014,33816.58$0
Jan 1995014,84115.92$0
Dec 1994017,54315.03$0
Nov 19946620,24315.90$1,049
Oct 199411420,91115.58$1,776
Sep 199418523,03615.29$2,829
Aug 199418726,80516.13$3,016
Jul 1994023,80617.56$0
Jun 199417627,33717.09$3,008
May 199421734,89615.88$3,446
Apr 199436450,22514.14$5,147
Mar 199419028,51212.46$2,367
Feb 1994063612.50$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  519 Mcf  × $  3.05 =     $1,581

────────────────────────────────────────────────────
Month total                                   $1,581

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/148690 is the state's own key, not one this site invented.