UNIVERSITY 6A

Operated by MARATHON OIL COMPANY (P-5 525380) in the GRIERSON SPRING (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165113District 7CField 369535002 tax incentive programmesCondensateGasSaveExport
Value, all time
$564 k
Oct 1997 – Mar 2009
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
138
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 31 leases and 33 wells, and the rule below applies to all of them.

Discovered
1955-12-01
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 field rule took effect on 1997-07-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/96.

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 Gas112004-03-19155749
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
CondensateDisposition1,012 bbl$20,252
GasProduction142,991 Mcf$543,336
Total$563,588

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 31.1105, -101.6700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.11046, -101.67000 · 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
8,972 ft
1 wells filed one
Completion to plug
10.8 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 8,972 ft.

Completions filed
Oct 1997
1 of 1 wells
Plug dates filed
Aug 2008
1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833479938,972 ftOct 1997Aug 2008Yes

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 (138)

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

138 months

Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 200961035.865.37$2,187
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007017988.337.30$1,307
Nov 2007053491.677.29$3,894
Oct 2007053682.856.92$3,710
Sep 2007027175.846.24$1,692
Aug 2007024669.066.39$1,571
Jul 2007024670.906.39$1,571
Jun 2007035362.007.55$2,665
May 2007040358.747.85$3,162
Apr 2007037559.617.81$2,927
Mar 2007039056.927.30$2,848
Feb 2007035255.108.22$2,892
Jan 2007045250.306.73$3,041
Dec 2006058056.656.92$4,013
Nov 2006057454.207.62$4,372
Oct 2006061854.906.01$3,717
Sep 2006057660.085.04$2,901
Aug 2006057068.717.34$4,184
Jul 2006042169.376.34$2,670
Jun 2006054866.286.38$3,498
May 2006057566.016.42$3,694
Apr 2006054564.397.36$4,011
Mar 2006056556.707.08$4,002
Feb 2006053757.597.75$4,162
Jan 2006056160.598.93$5,012
Dec 2005057654.9413.42$7,727
Nov 2005068754.6910.59$7,274
Oct 2005070058.3413.80$9,657
Sep 2005051661.4512.08$6,233
Aug 2005052661.519.80$5,153
Jul 2005052055.697.84$4,079
Jun 2005051852.337.38$3,823
May 2005044545.226.65$2,960
Apr 2005053049.207.36$3,901
Mar 2005063150.377.15$4,515
Feb 2005059745.226.31$3,768
Jan 2005069443.166.32$4,388
Dec 2004071339.866.75$4,814
Nov 2004064445.286.33$4,077
Oct 2004059149.706.52$3,850
Sep 2004075343.245.28$3,979
Aug 2004068642.375.55$3,808
Jul 2004088138.286.08$5,360
Jun 2004059036.106.43$3,795
May 2004060037.486.49$3,897
Apr 2004060534.475.86$3,544
Mar 2004063534.365.53$3,512
Feb 2004055932.455.51$3,080
Jan 2004056832.036.30$3,578
Dec 2003049530.266.30$3,119
Nov 2003057028.804.60$2,619
Oct 2003049628.174.76$2,361
Sep 2003056726.314.75$2,693
Aug 2003057729.765.13$2,960
Jul 2003053329.415.17$2,756
Jun 2003040128.565.98$2,399
May 2003050326.595.97$3,004
Apr 2003042026.675.41$2,271
Mar 2003060131.146.10$3,664
Feb 20033846633.487.93$4,966
Jan 2003053830.315.58$3,003
Dec 2002052026.914.85$2,524
Nov 2002053424.664.14$2,209
Oct 2002064626.464.23$2,732
Sep 2002061327.443.64$2,228
Aug 2002059525.963.16$1,883
Jul 2002061524.583.06$1,883
Jun 2002060723.733.34$2,026
May 2002068524.663.58$2,455
Apr 2002060323.653.51$2,118
Mar 2002059822.003.10$1,855
Feb 2002042618.222.38$1,012
Jan 2002065917.172.38$1,566
Dec 2001063816.932.36$1,508
Nov 2001062018.072.41$1,491
Oct 2001070519.782.53$1,783
Sep 2001070824.262.25$1,594
Aug 2001071224.873.05$2,174
Jul 2001072823.933.20$2,327
Jun 2001073324.563.82$2,803
May 2001076125.524.31$3,278
Apr 2001076824.685.34$4,098
Mar 2001082624.545.38$4,441
Feb 2001065527.755.77$3,777
Jan 2001084327.478.40$7,080
Dec 2000086826.889.12$7,918
Nov 2000097032.215.66$5,488
Oct 2000098931.235.15$5,089
Sep 2000098931.875.19$5,129
Aug 2000099329.644.54$4,509
Jul 2000088728.534.09$3,628
Jun 200001,45529.304.40$6,398
May 200001,20227.263.68$4,423
Apr 200001,57024.513.12$4,892
Mar 200001,16228.422.86$3,323
Feb 200001,17327.622.73$3,198
Jan 200001,32025.272.48$3,274
Dec 199901,31424.282.42$3,185
Nov 199901,33823.192.43$3,257
Oct 199901,47320.982.80$4,130
Sep 199901,52721.752.62$3,999
Aug 199911,59719.262.88$4,612
Jul 199901,62717.892.37$3,860
Jun 199901,67715.942.36$3,961
May 199901,50315.792.32$3,488
Apr 199901,42715.102.21$3,151
Mar 199901,96812.471.84$3,618
Feb 199902,2089.981.82$4,014
Jan 199902,12510.381.90$4,037
Dec 199802,2019.201.77$3,903
Nov 199802,51210.892.19$5,491
Oct 199802,64012.421.97$5,199
Sep 199802,68112.592.08$5,584
Aug 199802,99811.301.91$5,718
Jul 199803,06911.742.24$6,866
Jun 199803,12511.242.24$6,991
May 199803,34612.622.21$7,382
Apr 199803,41313.042.51$8,551
Mar 199803,08912.802.31$7,134
Feb 199802,73313.952.30$6,284
Jan 19981723,36914.702.15$9,788
Dec 199704,17016.322.41$10,054
Nov 199705,46518.193.09$16,877
Oct 199774017,08119.253.15$68,047

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.

Jan 2009 — as filed, then multipliedworked
Condensate            61 bbl  × $ 35.86 =     $2,187
Gas                    0 Mcf  × $  5.37 =         $0

────────────────────────────────────────────────────
Month total                                   $2,187

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/165113 is the state's own key, not one this site invented.