UNIVERSITY 5

Name: UNIVERSITY 5 lease production and value, May 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TAMARACK PETROLEUM COMPANY, INC. (P-5 835630) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173665District 7CField 85279200GasSave Export

Value, all time

$10 k

May 1999 – Mar 2005

Value, last 12 filed months

$874

at the published price for each month

Months reported

no gaps in the span

Streams

gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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
Gas	Production	2,203 Mcf	$10,011
Total			$10,011

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 31.2993, -101.5973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.29925, -101.59730 · 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

7,765 ft

1 wells filed one

Completion to plug

30.0 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 7,765 ft.

Completions filed

Mar 1975

1 of 1 wells

Plug dates filed

Mar 2005

1 of 1 wells

Last completion to plug: a median of 30.0 years across the 1 well that filed both dates, with the middle half between 30.0 years and 30.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38330523	3	7,765 ft	Mar 1975	Mar 2005	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 (71)

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

71 months


Mar 2005	0	50.37	7.15	$0
Feb 2005	0	45.22	6.31	$0
Jan 2005	0	43.16	6.32	$0
Dec 2004	0	39.86	6.75	$0
Nov 2004	13	45.28	6.33	$82
Oct 2004	15	49.70	6.52	$98
Sep 2004	18	43.24	5.28	$95
Aug 2004	18	42.37	5.55	$100
Jul 2004	18	38.28	6.08	$110
Jun 2004	23	36.10	6.43	$148
May 2004	20	37.48	6.49	$130
Apr 2004	19	34.47	5.86	$111
Mar 2004	19	34.36	5.53	$105
Feb 2004	18	32.45	5.51	$99
Jan 2004	20	32.03	6.30	$126
Dec 2003	19	30.26	6.30	$120
Nov 2003	19	28.80	4.60	$87
Oct 2003	29	28.17	4.76	$138
Sep 2003	96	26.31	4.75	$456
Aug 2003	104	29.76	5.13	$533
Jul 2003	95	29.41	5.17	$491
Jun 2003	93	28.56	5.98	$556
May 2003	89	26.59	5.97	$532
Apr 2003	88	26.67	5.41	$476
Mar 2003	96	31.14	6.10	$585
Feb 2003	56	33.48	7.93	$444
Jan 2003	34	30.31	5.58	$190
Dec 2002	29	26.91	4.85	$141
Nov 2002	29	24.66	4.14	$120
Oct 2002	24	26.46	4.23	$102
Sep 2002	22	27.44	3.64	$80
Aug 2002	25	25.96	3.16	$79
Jul 2002	26	24.58	3.06	$80
Jun 2002	20	23.73	3.34	$67
May 2002	28	24.66	3.58	$100
Apr 2002	32	23.65	3.51	$112
Mar 2002	27	22.00	3.10	$84
Feb 2002	16	18.22	2.38	$38
Jan 2002	19	17.17	2.38	$45
Dec 2001	18	16.93	2.36	$43
Nov 2001	19	18.07	2.41	$46
Oct 2001	17	19.78	2.53	$43
Sep 2001	19	24.26	2.25	$43
Aug 2001	20	24.87	3.05	$61
Jul 2001	22	23.93	3.20	$70
Jun 2001	19	24.56	3.82	$73
May 2001	24	25.52	4.31	$103
Apr 2001	22	24.68	5.34	$117
Mar 2001	23	24.54	5.38	$124
Feb 2001	21	27.75	5.77	$121
Jan 2001	22	27.47	8.40	$185
Dec 2000	14	26.88	9.12	$128
Nov 2000	21	32.21	5.66	$119
Oct 2000	26	31.23	5.15	$134
Sep 2000	24	31.87	5.19	$124
Aug 2000	24	29.64	4.54	$109
Jul 2000	28	28.53	4.09	$115
Jun 2000	28	29.30	4.40	$123
May 2000	32	27.26	3.68	$118
Apr 2000	33	24.51	3.12	$103
Mar 2000	35	28.42	2.86	$100
Feb 2000	31	27.62	2.73	$85
Jan 2000	34	25.27	2.48	$84
Dec 1999	35	24.28	2.42	$85
Nov 1999	37	23.19	2.43	$90
Oct 1999	40	20.98	2.80	$112
Sep 1999	36	21.75	2.62	$94
Aug 1999	34	19.26	2.88	$98
Jul 1999	39	17.89	2.37	$93
Jun 1999	40	15.94	2.36	$94
May 1999	50	15.79	2.32	$116

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.

Nov 2004 — as filed, then multipliedworked

Gas                   13 Mcf  × $  6.33 =        $82

────────────────────────────────────────────────────
Month total                                      $82

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/173665 is the state's own key, not one this site invented.