UNIVERSITY

Name: UNIVERSITY lease production and value, Sep 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RIO-TEX, INC. (P-5 712930) 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 151476District 7CField 684608002 tax incentive programmesCondensateGasSave Export

Value, all time

$676 k

Sep 1994 – Apr 2017

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

272

no gaps in the span

Streams

condensate, gas

The PAKENHAM (WOLFCAMP) 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 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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1995-05-31	132058
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	482 bbl	$12,454
Gas	Production	179,610 Mcf	$663,960
Total			$676,414

43,074 Mcf of this lease's gas, across 23 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 30.4573, -102.0168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45731, -102.01677 · 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

8,856 ft

1 wells filed one

Completion to plug

21.7 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 8,856 ft.

Completions filed

Jan 1995

1 of 1 wells

Plug dates filed

Sep 2016

1 of 1 wells

Last completion to plug: a median of 21.7 years across the 1 well that filed both dates, with the middle half between 21.7 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-44330410	3102	8,856 ft	Jan 1995	Sep 2016	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 (272)

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

272 months


Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	63	0	50.45	2.95	$3,178
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	111	41.55	3.10	$344
Aug 2016	0	286	41.44	2.92	$836
Jul 2016	0	315	41.62	2.92	$921
Jun 2016	0	299	45.35	2.69	$803
May 2016	0	320	42.52	1.99	$637
Apr 2016	0	299	36.56	1.99	$595
Mar 2016	0	276	33.01	1.79	$495
Feb 2016	0	252	26.47	2.06	$520
Jan 2016	0	295	27.35	2.36	$697
Dec 2015	0	280	32.36	2.00	$560
Nov 2015	0	191	38.79	2.17	$414
Oct 2015	0	274	43.55	2.43	$665
Sep 2015	0	266	42.99	2.76	$734
Aug 2015	0	261	40.16	2.87	$750
Jul 2015	0	278	48.15	2.95	$819
Jun 2015	0	268	56.15	2.88	$773
May 2015	0	277	55.21	2.96	$819
Apr 2015	0	269	49.82	2.71	$728
Mar 2015	0	274	42.89	2.93	$804
Feb 2015	0	200	44.66	2.98	$595
Jan 2015	0	225	43.43	3.10	$698
Dec 2014	0	244	54.69	3.59	$876
Nov 2014	0	253	70.46	4.25	$1,076
Oct 2014	0	270	78.30	3.90	$1,053
Sep 2014	0	287	86.16	4.05	$1,161
Aug 2014	0	309	89.39	4.04	$1,247
Jul 2014	0	259	96.56	4.18	$1,083
Jun 2014	0	263	98.16	4.74	$1,246
May 2014	0	234	94.73	4.73	$1,106
Apr 2014	0	241	95.94	4.81	$1,159
Mar 2014	0	261	95.89	5.06	$1,320
Feb 2014	0	236	97.40	6.19	$1,461
Jan 2014	0	250	90.40	4.86	$1,215
Dec 2013	0	264	91.82	4.35	$1,150
Nov 2013	0	278	88.85	3.74	$1,039
Oct 2013	0	299	97.42	3.78	$1,130
Sep 2013	0	244	104.11	3.72	$907
Aug 2013	0	334	104.25	3.52	$1,177
Jul 2013	0	254	102.52	3.72	$944
Jun 2013	0	220	94.40	3.93	$865
May 2013	0	219	94.83	4.15	$909
Apr 2013	0	222	93.96	4.28	$951
Mar 2013	0	253	93.62	3.91	$990
Feb 2013	0	214	91.23	3.42	$732
Jan 2013	0	236	91.60	3.42	$807
Dec 2012	0	262	86.77	3.42	$896
Nov 2012	0	286	86.95	3.62	$1,037
Oct 2012	0	284	89.38	3.40	$966
Sep 2012	0	370	94.67	2.92	$1,080
Aug 2012	0	351	92.66	2.91	$1,021
Jul 2012	0	293	85.13	3.02	$885
Jun 2012	0	292	79.82	2.52	$736
May 2012	0	303	91.61	2.49	$754
Apr 2012	0	301	101.65	2.00	$601
Mar 2012	0	305	105.05	2.22	$678
Feb 2012	0	288	101.10	2.57	$740
Jan 2012	0	320	98.09	2.73	$875
Dec 2011	0	302	96.87	3.24	$978
Nov 2011	0	347	95.72	3.31	$1,149
Oct 2011	0	371	84.98	3.65	$1,354
Sep 2011	0	328	83.62	3.99	$1,307
Aug 2011	0	346	83.40	4.15	$1,436
Jul 2011	0	341	94.14	4.52	$1,540
Jun 2011	0	329	92.90	4.64	$1,527
May 2011	0	332	98.13	4.40	$1,462
Apr 2011	0	335	105.96	4.33	$1,452
Mar 2011	0	321	96.36	4.06	$1,302
Feb 2011	0	336	85.64	4.18	$1,404
Jan 2011	0	310	86.50	4.59	$1,423
Dec 2010	0	338	85.73	4.35	$1,470
Nov 2010	0	423	80.84	3.80	$1,605
Oct 2010	0	380	78.10	3.51	$1,333
Sep 2010	0	351	72.63	3.98	$1,397
Aug 2010	0	414	73.68	4.42	$1,830
Jul 2010	0	430	72.55	4.74	$2,037
Jun 2010	0	430	70.36	4.91	$2,111
May 2010	0	404	71.12	4.24	$1,711
Apr 2010	0	328	81.69	4.12	$1,352
Mar 2010	0	338	78.39	4.39	$1,483
Feb 2010	0	296	73.58	5.44	$1,611
Jan 2010	0	317	74.36	5.96	$1,891
Dec 2009	0	327	71.44	5.48	$1,793
Nov 2009	0	368	74.59	3.75	$1,381
Oct 2009	0	397	72.54	4.11	$1,632
Sep 2009	0	369	65.54	3.06	$1,131
Aug 2009	0	399	67.42	3.22	$1,284
Jul 2009	0	378	61.13	3.46	$1,310
Jun 2009	0	391	66.16	3.90	$1,523
May 2009	0	406	54.74	3.93	$1,594
Apr 2009	0	325	46.77	3.59	$1,166
Mar 2009	0	333	42.14	4.06	$1,352
Feb 2009	0	302	32.81	4.63	$1,399
Jan 2009	0	350	35.86	5.37	$1,880
Dec 2008	0	295	37.10	5.98	$1,763
Nov 2008	0	294	55.49	6.86	$2,017
Oct 2008	0	418	75.24	6.92	$2,893
Sep 2008	0	399	101.76	7.88	$3,143
Aug 2008	0	444	114.22	8.48	$3,766
Jul 2008	0	420	131.08	11.39	$4,784
Jun 2008	0	402	131.33	13.03	$5,239
May 2008	0	446	123.17	11.57	$5,162
Apr 2008	0	507	110.31	10.45	$5,301
Mar 2008	0	533	101.90	9.66	$5,151
Feb 2008	0	499	92.53	8.77	$4,377
Jan 2008	0	323	90.38	8.21	$2,650
Dec 2007	0	421	88.33	7.30	$3,074
Nov 2007	0	419	91.67	7.29	$3,055
Oct 2007	0	440	82.85	6.92	$3,046
Sep 2007	0	440	75.84	6.24	$2,747
Aug 2007	0	495	69.06	6.39	$3,162
Jul 2007	0	532	70.90	6.39	$3,398
Jun 2007	0	575	62.00	7.55	$4,340
May 2007	0	586	58.74	7.85	$4,598
Apr 2007	0	537	59.61	7.81	$4,191
Mar 2007	0	405	56.92	7.30	$2,957
Feb 2007	0	384	55.10	8.22	$3,155
Jan 2007	0	375	50.30	6.73	$2,523
Dec 2006	0	458	56.65	6.92	$3,169
Nov 2006	1	553	54.20	7.62	$4,267
Oct 2006	0	858	54.90	6.01	$5,160
Sep 2006	0	272	60.08	5.04	$1,370
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	1	379	69.37	6.34	$2,473
Jun 2006	0	512	66.28	6.38	$3,269
May 2006	0	530	66.01	6.42	$3,405
Apr 2006	1	483	64.39	7.36	$3,620
Mar 2006	0	515	56.70	7.08	$3,648
Feb 2006	0	596	57.59	7.75	$4,620
Jan 2006	0	712	60.59	8.93	$6,361
Dec 2005	0	585	54.94	13.42	$7,848
Nov 2005	0	640	54.69	10.59	$6,777
Oct 2005	0	715	58.34	13.80	$9,864
Sep 2005	0	656	61.45	12.08	$7,924
Aug 2005	0	721	61.51	9.80	$7,064
Jul 2005	0	537	55.69	7.84	$4,212
Jun 2005	0	621	52.33	7.38	$4,584
May 2005	0	552	45.22	6.65	$3,671
Apr 2005	0	450	49.20	7.36	$3,312
Mar 2005	0	443	50.37	7.15	$3,170
Feb 2005	0	374	45.22	6.31	$2,361
Jan 2005	0	498	43.16	6.32	$3,148
Dec 2004	0	507	39.86	6.75	$3,423
Nov 2004	0	517	45.28	6.33	$3,273
Oct 2004	2	646	49.70	6.52	$4,308
Sep 2004	0	644	43.24	5.28	$3,403
Aug 2004	0	615	42.37	5.55	$3,414
Jul 2004	0	595	38.28	6.08	$3,620
Jun 2004	2	545	36.10	6.43	$3,578
May 2004	0	581	37.48	6.49	$3,773
Apr 2004	0	572	34.47	5.86	$3,351
Mar 2004	0	616	34.36	5.53	$3,407
Feb 2004	0	622	32.45	5.51	$3,427
Jan 2004	0	661	32.03	6.30	$4,164
Dec 2003	0	727	30.26	6.30	$4,581
Nov 2003	0	747	28.80	4.60	$3,433
Oct 2003	0	796	28.17	4.76	$3,789
Sep 2003	0	593	26.31	4.75	$2,816
Aug 2003	0	704	29.76	5.13	$3,611
Jul 2003	0	530	29.41	5.17	$2,741
Jun 2003	0	494	28.56	5.98	$2,956
May 2003	0	528	26.59	5.97	$3,154
Apr 2003	0	533	26.67	5.41	$2,882
Mar 2003	0	600	31.14	6.10	$3,658
Feb 2003	0	592	33.48	7.93	$4,692
Jan 2003	0	741	30.31	5.58	$4,136
Dec 2002	0	782	26.91	4.85	$3,796
Nov 2002	0	824	24.66	4.14	$3,409
Oct 2002	0	621	26.46	4.23	$2,626
Sep 2002	0	484	27.44	3.64	$1,759
Aug 2002	3	655	25.96	3.16	$2,150
Jul 2002	3	623	24.58	3.06	$1,981
Jun 2002	0	685	23.73	3.34	$2,287
May 2002	0	842	24.66	3.58	$3,018
Apr 2002	7	976	23.65	3.51	$3,594
Mar 2002	0	901	22.00	3.10	$2,796
Feb 2002	0	726	18.22	2.38	$1,725
Jan 2002	0	1,658	17.17	2.38	$3,939
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	429	18.07	2.41	$1,032
Oct 2001	0	728	19.78	2.53	$1,841
Sep 2001	0	686	24.26	2.25	$1,544
Aug 2001	0	528	24.87	3.05	$1,612
Jul 2001	0	595	23.93	3.20	$1,902
Jun 2001	0	469	24.56	3.82	$1,794
May 2001	0	1,128	25.52	4.31	$4,859
Apr 2001	0	1,180	24.68	5.34	$6,296
Mar 2001	0	1,422	24.54	5.38	$7,645
Feb 2001	0	1,267	27.75	5.77	$7,307
Jan 2001	0	1,967	27.47	8.40	$16,520
Dec 2000	0	2,709	26.88	9.12	$24,713
Nov 2000	0	3,321	32.21	5.66	$18,790
Oct 2000	0	5,353	31.23	5.15	$27,544
Sep 2000	0	9,719	31.87	5.19	$50,408
Aug 2000	0	1,577	29.64	4.54	$7,161
Jul 2000	0	758	28.53	4.09	$3,100
Jun 2000	0	425	29.30	4.40	$1,869
May 2000	0	492	27.26	3.68	$1,810
Apr 2000	28	0	24.51	3.12	$686
Mar 2000	78	0	28.42	2.86	$2,217
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	332	12.47	1.84	$610
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	3	0	10.38	1.90	$31
Dec 1998	0	269	9.20	1.77	$477
Nov 1998	0	25	10.89	2.19	$55
Oct 1998	0	706	12.42	1.97	$1,390
Sep 1998	0	759	12.59	2.08	$1,581
Aug 1998	0	747	11.30	1.91	$1,425
Jul 1998	0	512	11.74	2.24	$1,145
Jun 1998	0	456	11.24	2.24	$1,020
May 1998	0	764	12.62	2.21	$1,686
Apr 1998	0	570	13.04	2.51	$1,428
Mar 1998	0	1,842	12.80	2.31	$4,254
Feb 1998	0	963	13.95	2.30	$2,214
Jan 1998	0	1,933	14.70	2.15	$4,165
Dec 1997	1	1,662	16.32	2.41	$4,024
Nov 1997	0	1,780	18.19	3.09	$5,497
Oct 1997	1	976	19.25	3.15	$3,093
Sep 1997	0	1,304	17.74	2.95	$3,853
Aug 1997	0	1,428	17.86	2.55	$3,648
Jul 1997	0	1,193	17.58	2.25	$2,681
Jun 1997	0	1,171	17.24	2.26	$2,643
May 1997	1	1,152	18.97	2.31	$2,678
Apr 1997	0	1,080	17.88	2.08	$2,249
Mar 1997	0	1,745	18.95	1.94	$3,384
Feb 1997	0	1,135	20.49	2.21	$2,504
Jan 1997	145	1,440	23.48	3.54	$8,502
Dec 1996	0	1,137	23.32	—	$0
Nov 1996	0	1,275	21.97	—	$0
Oct 1996	0	1,283	23.31	—	$0
Sep 1996	0	1,655	22.22	—	$0
Aug 1996	0	1,570	20.26	—	$0
Jul 1996	2	1,817	19.55	—	$39
Jun 1996	1	1,306	18.73	—	$19
May 1996	0	1,509	19.43	—	$0
Apr 1996	2	1,437	21.51	—	$43
Mar 1996	1	1,454	19.38	—	$19
Feb 1996	2	1,216	16.98	—	$34
Jan 1996	2	1,707	17.07	—	$34
Dec 1995	2	1,092	17.19	—	$34
Nov 1995	0	1,411	16.00	—	$0
Oct 1995	0	1,599	15.43	—	$0
Sep 1995	0	1,947	16.18	—	$0
Aug 1995	2	2,445	15.92	—	$32
Jul 1995	128	2,491	15.24	—	$1,951
Jun 1995	0	2,384	16.41	—	$0
May 1995	0	2,837	17.56	—	$0
Apr 1995	0	3,242	17.73	—	$0
Mar 1995	0	3,036	16.44	—	$0
Feb 1995	0	3,224	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$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.

Feb 2017 — as filed, then multipliedworked

Condensate            63 bbl  × $ 50.45 =     $3,178
Gas                    0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $3,178

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/151476 is the state's own key, not one this site invented.