UNIVERSITY "16"

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 151864District 7CField 051433002 tax incentive programmesGasSaveExport
Value, all time
$698 k
Nov 1994 – Mar 2009
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
173
no gaps in the span
Streams
1
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111995-01-30131488
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
GasProduction281,478 Mcf$697,611
Total$697,611

117,803 Mcf of this lease's gas, across 26 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 31.0437, -100.8680. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.04369, -100.86796 · 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
7,380 ft
1 wells filed one
Completion to plug
14.4 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 7,380 ft.

Completions filed
Oct 1994
1 of 1 wells
Plug dates filed
Mar 2009
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133189817,380 ftOct 1994Mar 2009Yes

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 (173)

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

173 months

Mar 2009142.144.06$4
Feb 2009132.814.63$5
Jan 2009135.865.37$5
Dec 2008137.105.98$6
Nov 2008155.496.86$7
Oct 2008175.246.92$7
Sep 200894101.767.88$740
Aug 2008402114.228.48$3,410
Jul 2008419131.0811.39$4,772
Jun 2008405131.3313.03$5,278
May 2008434123.1711.57$5,023
Apr 2008418110.3110.45$4,370
Mar 2008437101.909.66$4,223
Feb 200837892.538.77$3,315
Jan 200847090.388.21$3,857
Dec 200747188.337.30$3,439
Nov 200746091.677.29$3,354
Oct 200750782.856.92$3,509
Sep 200749375.846.24$3,078
Aug 200752069.066.39$3,322
Jul 200752770.906.39$3,366
Jun 200750762.007.55$3,827
May 200754758.747.85$4,292
Apr 200755059.617.81$4,293
Mar 200758456.927.30$4,264
Feb 200754755.108.22$4,494
Jan 200764750.306.73$4,352
Dec 200668256.656.92$4,718
Nov 200673654.207.62$5,606
Oct 200691254.906.01$5,485
Sep 200659860.085.04$3,012
Aug 200637568.717.34$2,752
Jul 200660369.376.34$3,825
Jun 200658966.286.38$3,760
May 200662266.016.42$3,996
Apr 200665464.397.36$4,814
Mar 200673256.707.08$5,185
Feb 200664757.597.75$5,015
Jan 200674860.598.93$6,682
Dec 200573754.9413.42$9,887
Nov 200572754.6910.59$7,698
Oct 200578658.3413.80$10,843
Sep 200576161.4512.08$9,192
Aug 200578661.519.80$7,700
Jul 200583155.697.84$6,518
Jun 200578952.337.38$5,824
May 200586945.226.65$5,780
Apr 200586149.207.36$6,337
Mar 200588650.377.15$6,339
Feb 200581345.226.31$5,132
Jan 200592243.166.32$5,829
Dec 200492739.866.75$6,258
Nov 200494645.286.33$5,989
Oct 200494949.706.52$6,183
Sep 200494743.245.28$5,004
Aug 200495142.375.55$5,279
Jul 200495838.286.08$5,829
Jun 200494836.106.43$6,099
May 20041,04537.486.49$6,787
Apr 200497534.475.86$5,712
Mar 20041,01134.365.53$5,591
Feb 200497432.455.51$5,366
Jan 20041,04932.036.30$6,608
Dec 20031,08330.266.30$6,825
Nov 20031,08128.804.60$4,967
Oct 20031,03428.174.76$4,921
Sep 20031,00426.314.75$4,768
Aug 20031,08829.765.13$5,581
Jul 20031,16029.415.17$5,998
Jun 200396828.565.98$5,792
May 20031,13526.595.97$6,779
Apr 20031,15326.675.41$6,235
Mar 20031,19931.146.10$7,309
Feb 20031,22133.487.93$9,678
Jan 20031,38930.315.58$7,753
Dec 20021,00126.914.85$4,859
Nov 20021,05024.664.14$4,344
Oct 20021,14826.464.23$4,855
Sep 20021,34627.443.64$4,893
Aug 20021,22025.963.16$3,860
Jul 20021,24924.583.06$3,824
Jun 200295223.733.34$3,178
May 20021,00124.663.58$3,588
Apr 200295723.653.51$3,361
Mar 200297222.003.10$3,016
Feb 200289218.222.38$2,119
Jan 20021,00317.172.38$2,383
Dec 20011,05716.932.36$2,499
Nov 20011,05318.072.41$2,533
Oct 20011,06619.782.53$2,696
Sep 20011,08224.262.25$2,436
Aug 20011,19424.873.05$3,645
Jul 20011,31823.933.20$4,214
Jun 20011,04724.563.82$4,004
May 20011,09825.524.31$4,729
Apr 20011,04724.685.34$5,586
Mar 20011,17524.545.38$6,317
Feb 20011,09227.755.77$6,298
Jan 20011,09227.478.40$9,171
Dec 20001,03426.889.12$9,433
Nov 20001,04032.215.66$5,884
Oct 20001,01531.235.15$5,223
Sep 20001,07031.875.19$5,550
Aug 20001,08429.644.54$4,922
Jul 20001,06228.534.09$4,343
Jun 20001,04829.304.40$4,608
May 20001,11927.263.68$4,118
Apr 20001,28424.513.12$4,001
Mar 20001,39028.422.86$3,975
Feb 20001,20227.622.73$3,277
Jan 20001,34925.272.48$3,346
Dec 19991,40124.282.42$3,396
Nov 19991,32623.192.43$3,227
Oct 19991,63520.982.80$4,584
Sep 19991,07221.752.62$2,807
Aug 19991,59619.262.88$4,589
Jul 19991,31417.892.37$3,117
Jun 19991,40515.942.36$3,319
May 19991,29715.792.32$3,010
Apr 19991,54815.102.21$3,418
Mar 19991,59412.471.84$2,930
Feb 19991,3649.981.82$2,479
Jan 19991,60010.381.90$3,040
Dec 19981,6079.201.77$2,850
Nov 19981,55710.892.19$3,403
Oct 19981,61412.421.97$3,178
Sep 19981,56412.592.08$3,257
Aug 19981,73111.301.91$3,302
Jul 19981,72011.742.24$3,848
Jun 19981,70511.242.24$3,815
May 19981,74612.622.21$3,852
Apr 19981,76713.042.51$4,427
Mar 19981,78012.802.31$4,111
Feb 19981,70913.952.30$3,929
Jan 19981,93414.702.15$4,167
Dec 19971,70716.322.41$4,116
Nov 19971,85218.193.09$5,719
Oct 19972,02819.253.15$6,388
Sep 19972,08417.742.95$6,158
Aug 19971,90017.862.55$4,854
Jul 19972,14317.582.25$4,815
Jun 19971,79917.242.26$4,061
May 19972,16718.972.31$5,003
Apr 19972,16017.882.08$4,499
Mar 19974,70618.951.94$9,126
Feb 19975,43020.492.21$11,978
Jan 19975,62023.483.54$19,893
Dec 19965,62923.32$0
Nov 19965,35921.97$0
Oct 19963,65723.31$0
Sep 19962,43422.22$0
Aug 19962,70320.26$0
Jul 19962,72619.55$0
Jun 19962,76718.73$0
May 19962,93419.43$0
Apr 19962,97221.51$0
Mar 19963,09219.38$0
Feb 19962,84216.98$0
Jan 19963,46517.07$0
Dec 19953,80717.19$0
Nov 19953,40316.00$0
Oct 19954,03715.43$0
Sep 19954,01316.18$0
Aug 19954,53715.92$0
Jul 19954,98915.24$0
Jun 19955,26416.41$0
May 19956,35517.56$0
Apr 19955,50617.73$0
Mar 19956,62716.44$0
Feb 19956,92116.58$0
Jan 19956,84715.92$0
Dec 19947,93315.03$0
Nov 19946,98415.90$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 2009 — as filed, then multipliedworked
Gas                    1 Mcf  × $  4.06 =         $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/151864 is the state's own key, not one this site invented.