UNIVERSITY LANDS

Name: UNIVERSITY LANDS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BAKER RESOURCES (P-5 44365) in the LANCASTER HILL (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 18988District 7CField 51770664Hydrogen sulphide fieldNGPA filingCondensateGasSave Export

Value, all time

$382 k

Jan 1993 – Jan 2021

Value, last 12 filed months

at the published price for each month

Months reported

337

no gaps in the span

Streams

condensate, gas

The LANCASTER HILL (STRAWN) 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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered

1961-12-04

as the register files it

Field class

Gas

the register's own label

Between wells

2,500 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 320 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “IS FROM 6933 FT TO 6973 FT.”

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
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	150 bbl	$4,985
Gas	Production	246,893 Mcf	$377,215
Total			$382,200

155,850 Mcf of this lease's gas, across 48 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 30.7088, -101.6528. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.70881, -101.65279 · 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

8,322 ft

1 wells filed one

Completion to plug

29.1 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 8,322 ft.

Completions filed

May 1990

1 of 1 wells

Plug dates filed

Jun 2019

1 of 1 wells

Last completion to plug: a median of 29.1 years across the 1 well that filed both dates, with the middle half between 29.1 years and 29.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10500796	203	8,322 ft	May 1990	Jun 2019	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 (337)

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

337 months


Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	41	52.78	2.49	$102
May 2019	0	41	58.48	2.74	$112
Apr 2019	0	42	62.63	2.75	$116
Mar 2019	0	24	56.80	3.06	$73
Feb 2019	0	8	50.85	2.79	$22
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	7	46.59	4.19	$29
Nov 2018	0	28	52.93	4.24	$119
Oct 2018	0	9	61.44	3.40	$31
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	6	65.14	2.93	$18
Jun 2018	0	13	60.18	3.08	$40
May 2018	0	76	65.38	2.90	$220
Apr 2018	0	189	63.84	2.90	$548
Mar 2018	0	113	61.22	2.79	$315
Feb 2018	0	64	61.78	2.77	$177
Jan 2018	0	78	62.87	4.01	$313
Dec 2017	0	65	57.27	2.92	$190
Nov 2017	0	18	55.42	3.12	$56
Oct 2017	0	16	49.29	2.98	$48
Sep 2017	0	17	47.52	3.09	$52
Aug 2017	0	7	45.37	3.00	$21
Jul 2017	0	3	43.87	3.09	$9
Jun 2017	0	20	42.49	3.09	$62
May 2017	0	4	45.37	3.26	$13
Apr 2017	0	879	47.93	3.21	$2,823
Mar 2017	0	3	46.77	2.98	$9
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	7	49.41	3.42	$24
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	56	42.49	2.64	$148
Oct 2016	0	116	46.19	3.09	$358
Sep 2016	0	110	41.55	3.10	$341
Aug 2016	0	111	41.44	2.92	$325
Jul 2016	0	107	41.62	2.92	$313
Jun 2016	0	102	45.35	2.69	$274
May 2016	0	103	42.52	1.99	$205
Apr 2016	0	96	36.56	1.99	$191
Mar 2016	0	97	33.01	1.79	$174
Feb 2016	0	13	26.47	2.06	$27
Jan 2016	0	35	27.35	2.36	$83
Dec 2015	0	33	32.36	2.00	$66
Nov 2015	0	34	38.79	2.17	$74
Oct 2015	0	27	43.55	2.43	$66
Sep 2015	0	18	42.99	2.76	$50
Aug 2015	0	19	40.16	2.87	$55
Jul 2015	0	2	48.15	2.95	$6
Jun 2015	0	38	56.15	2.88	$110
May 2015	0	44	55.21	2.96	$130
Apr 2015	0	89	49.82	2.71	$241
Mar 2015	0	196	42.89	2.93	$575
Feb 2015	0	98	44.66	2.98	$292
Jan 2015	0	105	43.43	3.10	$326
Dec 2014	0	78	54.69	3.59	$280
Nov 2014	0	87	70.46	4.25	$370
Oct 2014	0	90	78.30	3.90	$351
Sep 2014	0	74	86.16	4.05	$299
Aug 2014	0	21	89.39	4.04	$85
Jul 2014	0	88	96.56	4.18	$368
Jun 2014	0	79	98.16	4.74	$374
May 2014	0	107	94.73	4.73	$506
Apr 2014	0	102	95.94	4.81	$491
Mar 2014	0	102	95.89	5.06	$516
Feb 2014	0	78	97.40	6.19	$483
Jan 2014	0	42	90.40	4.86	$204
Dec 2013	0	57	91.82	4.35	$248
Nov 2013	0	52	88.85	3.74	$194
Oct 2013	0	27	97.42	3.78	$102
Sep 2013	0	72	104.11	3.72	$268
Aug 2013	0	89	104.25	3.52	$314
Jul 2013	0	80	102.52	3.72	$297
Jun 2013	0	80	94.40	3.93	$315
May 2013	0	83	94.83	4.15	$344
Apr 2013	0	30	93.96	4.28	$128
Mar 2013	0	33	93.62	3.91	$129
Feb 2013	0	23	91.23	3.42	$79
Jan 2013	0	23	91.60	3.42	$79
Dec 2012	0	24	86.77	3.42	$82
Nov 2012	0	34	86.95	3.62	$123
Oct 2012	0	72	89.38	3.40	$245
Sep 2012	0	89	94.67	2.92	$260
Aug 2012	0	15	92.66	2.91	$44
Jul 2012	0	21	85.13	3.02	$63
Jun 2012	0	32	79.82	2.52	$81
May 2012	0	7	91.61	2.49	$17
Apr 2012	0	32	101.65	2.00	$64
Mar 2012	0	24	105.05	2.22	$53
Feb 2012	0	137	101.10	2.57	$352
Jan 2012	0	92	98.09	2.73	$252
Dec 2011	0	70	96.87	3.24	$227
Nov 2011	0	102	95.72	3.31	$338
Oct 2011	0	177	84.98	3.65	$646
Sep 2011	0	158	83.62	3.99	$630
Aug 2011	0	152	83.40	4.15	$631
Jul 2011	0	67	94.14	4.52	$303
Jun 2011	0	231	92.90	4.64	$1,072
May 2011	0	179	98.13	4.40	$788
Apr 2011	0	129	105.96	4.33	$559
Mar 2011	0	232	96.36	4.06	$941
Feb 2011	1	113	85.64	4.18	$558
Jan 2011	0	128	86.50	4.59	$587
Dec 2010	0	151	85.73	4.35	$657
Nov 2010	0	32	80.84	3.80	$121
Oct 2010	0	105	78.10	3.51	$368
Sep 2010	0	123	72.63	3.98	$489
Aug 2010	0	138	73.68	4.42	$610
Jul 2010	0	84	72.55	4.74	$398
Jun 2010	0	60	70.36	4.91	$295
May 2010	0	76	71.12	4.24	$322
Apr 2010	0	238	81.69	4.12	$981
Mar 2010	0	105	78.39	4.39	$461
Feb 2010	0	330	73.58	5.44	$1,796
Jan 2010	0	109	74.36	5.96	$650
Dec 2009	0	107	71.44	5.48	$587
Nov 2009	0	168	74.59	3.75	$630
Oct 2009	0	170	72.54	4.11	$699
Sep 2009	47	2,716	65.54	3.06	$11,404
Aug 2009	0	357	67.42	3.22	$1,149
Jul 2009	0	335	61.13	3.46	$1,161
Jun 2009	0	248	66.16	3.90	$966
May 2009	0	253	54.74	3.93	$993
Apr 2009	0	310	46.77	3.59	$1,112
Mar 2009	0	338	42.14	4.06	$1,372
Feb 2009	0	239	32.81	4.63	$1,107
Jan 2009	0	203	35.86	5.37	$1,090
Dec 2008	0	248	37.10	5.98	$1,482
Nov 2008	0	293	55.49	6.86	$2,010
Oct 2008	0	361	75.24	6.92	$2,499
Sep 2008	0	284	101.76	7.88	$2,237
Aug 2008	0	402	114.22	8.48	$3,410
Jul 2008	0	300	131.08	11.39	$3,417
Jun 2008	0	227	131.33	13.03	$2,958
May 2008	0	244	123.17	11.57	$2,824
Apr 2008	0	275	110.31	10.45	$2,875
Mar 2008	0	368	101.90	9.66	$3,556
Feb 2008	0	306	92.53	8.77	$2,684
Jan 2008	0	576	90.38	8.21	$4,727
Dec 2007	0	238	88.33	7.30	$1,738
Nov 2007	0	263	91.67	7.29	$1,918
Oct 2007	0	225	82.85	6.92	$1,557
Sep 2007	0	216	75.84	6.24	$1,349
Aug 2007	0	265	69.06	6.39	$1,693
Jul 2007	0	341	70.90	6.39	$2,178
Jun 2007	0	494	62.00	7.55	$3,729
May 2007	0	376	58.74	7.85	$2,950
Apr 2007	0	350	59.61	7.81	$2,732
Mar 2007	0	466	56.92	7.30	$3,403
Feb 2007	0	395	55.10	8.22	$3,245
Jan 2007	0	124	50.30	6.73	$834
Dec 2006	0	247	56.65	6.92	$1,709
Nov 2006	0	255	54.20	7.62	$1,942
Oct 2006	0	542	54.90	6.01	$3,259
Sep 2006	0	299	60.08	5.04	$1,506
Aug 2006	0	294	68.71	7.34	$2,158
Jul 2006	0	256	69.37	6.34	$1,624
Jun 2006	0	202	66.28	6.38	$1,290
May 2006	0	271	66.01	6.42	$1,741
Apr 2006	0	300	64.39	7.36	$2,208
Mar 2006	0	348	56.70	7.08	$2,465
Feb 2006	0	529	57.59	7.75	$4,100
Jan 2006	0	299	60.59	8.93	$2,671
Dec 2005	0	203	54.94	13.42	$2,723
Nov 2005	0	450	54.69	10.59	$4,765
Oct 2005	0	202	58.34	13.80	$2,787
Sep 2005	0	301	61.45	12.08	$3,636
Aug 2005	0	404	61.51	9.80	$3,958
Jul 2005	0	360	55.69	7.84	$2,824
Jun 2005	0	525	52.33	7.38	$3,875
May 2005	0	359	45.22	6.65	$2,388
Apr 2005	0	377	49.20	7.36	$2,775
Mar 2005	0	269	50.37	7.15	$1,925
Feb 2005	0	314	45.22	6.31	$1,982
Jan 2005	0	422	43.16	6.32	$2,668
Dec 2004	0	328	39.86	6.75	$2,214
Nov 2004	0	405	45.28	6.33	$2,564
Oct 2004	0	268	49.70	6.52	$1,746
Sep 2004	0	285	43.24	5.28	$1,506
Aug 2004	0	299	42.37	5.55	$1,660
Jul 2004	0	309	38.28	6.08	$1,880
Jun 2004	0	250	36.10	6.43	$1,608
May 2004	0	478	37.48	6.49	$3,104
Apr 2004	0	471	34.47	5.86	$2,759
Mar 2004	0	388	34.36	5.53	$2,146
Feb 2004	0	289	32.45	5.51	$1,592
Jan 2004	0	417	32.03	6.30	$2,627
Dec 2003	0	431	30.26	6.30	$2,716
Nov 2003	0	549	28.80	4.60	$2,523
Oct 2003	0	587	28.17	4.76	$2,794
Sep 2003	0	452	26.31	4.75	$2,147
Aug 2003	0	577	29.76	5.13	$2,960
Jul 2003	0	443	29.41	5.17	$2,291
Jun 2003	0	483	28.56	5.98	$2,890
May 2003	0	440	26.59	5.97	$2,628
Apr 2003	0	430	26.67	5.41	$2,325
Mar 2003	0	454	31.14	6.10	$2,768
Feb 2003	0	431	33.48	7.93	$3,416
Jan 2003	0	280	30.31	5.58	$1,563
Dec 2002	0	362	26.91	4.85	$1,757
Nov 2002	0	499	24.66	4.14	$2,064
Oct 2002	0	359	26.46	4.23	$1,518
Sep 2002	0	505	27.44	3.64	$1,836
Aug 2002	0	468	25.96	3.16	$1,481
Jul 2002	0	348	24.58	3.06	$1,065
Jun 2002	0	392	23.73	3.34	$1,309
May 2002	0	345	24.66	3.58	$1,236
Apr 2002	0	380	23.65	3.51	$1,335
Mar 2002	0	340	22.00	3.10	$1,055
Feb 2002	0	195	18.22	2.38	$463
Jan 2002	0	238	17.17	2.38	$565
Dec 2001	0	230	16.93	2.36	$544
Nov 2001	0	290	18.07	2.41	$698
Oct 2001	0	262	19.78	2.53	$663
Sep 2001	0	252	24.26	2.25	$567
Aug 2001	0	316	24.87	3.05	$965
Jul 2001	0	296	23.93	3.20	$946
Jun 2001	0	322	24.56	3.82	$1,231
May 2001	0	404	25.52	4.31	$1,740
Apr 2001	0	425	24.68	5.34	$2,268
Mar 2001	0	435	24.54	5.38	$2,339
Feb 2001	0	414	27.75	5.77	$2,388
Jan 2001	0	290	27.47	8.40	$2,436
Dec 2000	0	321	26.88	9.12	$2,928
Nov 2000	0	507	32.21	5.66	$2,869
Oct 2000	0	378	31.23	5.15	$1,945
Sep 2000	0	389	31.87	5.19	$2,018
Aug 2000	0	462	29.64	4.54	$2,098
Jul 2000	0	479	28.53	4.09	$1,959
Jun 2000	0	297	29.30	4.40	$1,306
May 2000	0	221	27.26	3.68	$813
Apr 2000	0	136	24.51	3.12	$424
Mar 2000	0	505	28.42	2.86	$1,444
Feb 2000	0	938	27.62	2.73	$2,557
Jan 2000	0	606	25.27	2.48	$1,503
Dec 1999	0	712	24.28	2.42	$1,726
Nov 1999	0	659	23.19	2.43	$1,604
Oct 1999	0	669	20.98	2.80	$1,876
Sep 1999	0	610	21.75	2.62	$1,598
Aug 1999	0	724	19.26	2.88	$2,082
Jul 1999	0	820	17.89	2.37	$1,945
Jun 1999	0	735	15.94	2.36	$1,736
May 1999	0	477	15.79	2.32	$1,107
Apr 1999	0	196	15.10	2.21	$433
Mar 1999	0	1,137	12.47	1.84	$2,090
Feb 1999	0	942	9.98	1.82	$1,712
Jan 1999	0	985	10.38	1.90	$1,871
Dec 1998	0	1,040	9.20	1.77	$1,844
Nov 1998	0	1,030	10.89	2.19	$2,251
Oct 1998	0	1,123	12.42	1.97	$2,211
Sep 1998	0	1,090	12.59	2.08	$2,270
Aug 1998	0	1,137	11.30	1.91	$2,169
Jul 1998	0	1,281	11.74	2.24	$2,866
Jun 1998	0	1,266	11.24	2.24	$2,832
May 1998	0	1,255	12.62	2.21	$2,769
Apr 1998	0	1,298	13.04	2.51	$3,252
Mar 1998	0	1,215	12.80	2.31	$2,806
Feb 1998	0	1,201	13.95	2.30	$2,761
Jan 1998	0	1,314	14.70	2.15	$2,831
Dec 1997	0	1,415	16.32	2.41	$3,412
Nov 1997	0	1,724	18.19	3.09	$5,324
Oct 1997	0	1,471	19.25	3.15	$4,633
Sep 1997	0	1,202	17.74	2.95	$3,552
Aug 1997	0	837	17.86	2.55	$2,138
Jul 1997	0	956	17.58	2.25	$2,148
Jun 1997	0	1,038	17.24	2.26	$2,343
May 1997	9	1,107	18.97	2.31	$2,726
Apr 1997	0	975	17.88	2.08	$2,031
Mar 1997	0	1,242	18.95	1.94	$2,408
Feb 1997	0	1,215	20.49	2.21	$2,680
Jan 1997	0	1,594	23.48	3.54	$5,642
Dec 1996	0	1,100	23.32	—	$0
Nov 1996	0	873	21.97	—	$0
Oct 1996	0	1,030	23.31	—	$0
Sep 1996	0	1,086	22.22	—	$0
Aug 1996	0	1,594	20.26	—	$0
Jul 1996	0	1,614	19.55	—	$0
Jun 1996	0	1,501	18.73	—	$0
May 1996	0	1,903	19.43	—	$0
Apr 1996	0	1,843	21.51	—	$0
Mar 1996	0	1,382	19.38	—	$0
Feb 1996	0	961	16.98	—	$0
Jan 1996	0	1,057	17.07	—	$0
Dec 1995	0	991	17.19	—	$0
Nov 1995	0	878	16.00	—	$0
Oct 1995	0	1,183	15.43	—	$0
Sep 1995	0	1,321	16.18	—	$0
Aug 1995	0	1,446	15.92	—	$0
Jul 1995	0	1,499	15.24	—	$0
Jun 1995	0	2,098	16.41	—	$0
May 1995	0	2,810	17.56	—	$0
Apr 1995	0	2,839	17.73	—	$0
Mar 1995	0	3,358	16.44	—	$0
Feb 1995	0	3,006	16.58	—	$0
Jan 1995	0	2,588	15.92	—	$0
Dec 1994	0	2,907	15.03	—	$0
Nov 1994	0	4,030	15.90	—	$0
Oct 1994	0	3,378	15.58	—	$0
Sep 1994	0	3,646	15.29	—	$0
Aug 1994	0	3,521	16.13	—	$0
Jul 1994	62	4,505	17.56	—	$1,089
Jun 1994	0	4,692	17.09	—	$0
May 1994	0	4,880	15.88	—	$0
Apr 1994	0	5,141	14.14	—	$0
Mar 1994	0	5,267	12.46	—	$0
Feb 1994	0	4,821	12.50	—	$0
Jan 1994	0	4,590	12.66	—	$0
Dec 1993	0	5,790	12.33	—	$0
Nov 1993	0	5,171	14.49	—	$0
Oct 1993	0	6,214	15.85	—	$0
Sep 1993	0	4,378	15.03	—	$0
Aug 1993	0	5,889	15.66	—	$0
Jul 1993	0	5,956	15.46	—	$0
Jun 1993	0	5,892	16.79	—	$0
May 1993	0	6,094	17.68	—	$0
Apr 1993	31	5,578	18.05	—	$560
Mar 1993	0	5,234	18.14	—	$0
Feb 1993	0	4,367	17.90	—	$0
Jan 1993	0	3,948	16.93	—	$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.

Jun 2019 — as filed, then multipliedworked

Condensate             0 bbl  × $ 52.78 =         $0
Gas                   41 Mcf  × $  2.49 =       $102

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Month total                                     $102

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/18988 is the state's own key, not one this site invented.