UNIVERSITY "30-16"

Operated by WTG EXPLORATION (P-5 945220) in the HOWARDS CREEK (PENN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204277District 7CField 42985700CondensateGasSaveExport
Value, all time
$113 k
Feb 2004 – Apr 2012
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
99
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 44 leases and 44 wells, and the rule below applies to all of them.

Discovered
1979-06-29
as the register files it
Field class
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 160 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUPENDED 4/1/95 PER COMPLETED AOF SURVEY

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
CondensateDisposition203 bbl$17,682
GasProduction13,133 Mcf$95,523
Total$113,204

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 30.7084, -101.5183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.70837, -101.51834 · 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
9,354 ft
1 wells filed one
Completion to plug
8.3 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 9,354 ft.

Completions filed
Nov 2003
1 of 1 wells
Plug dates filed
Feb 2012
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053896419,354 ftNov 2003Feb 2012Yes

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 (99)

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

99 months

Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012116098.092.73$11,378
Dec 20110796.873.24$23
Nov 201108795.723.31$288
Oct 201107784.983.65$281
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110294.144.52$9
Jun 201101692.904.64$74
May 20110198.134.40$4
Apr 201104105.964.33$17
Mar 201101496.364.06$57
Feb 201101285.644.18$50
Jan 201101286.504.59$55
Dec 201001185.734.35$48
Nov 201001280.843.80$46
Oct 201001478.103.51$49
Sep 20100772.633.98$28
Aug 20100773.684.42$31
Jul 201002772.554.74$128
Jun 201001970.364.91$93
May 201006771.124.24$284
Apr 201003281.694.12$132
Mar 201003178.394.39$136
Feb 2010312673.585.44$2,422
Jan 201002574.365.96$149
Dec 200902671.445.48$143
Nov 200902774.593.75$101
Oct 200903072.544.11$123
Sep 2009115465.543.06$886
Aug 200902667.423.22$84
Jul 200902461.133.46$83
Jun 200901466.163.90$55
May 200903354.743.93$130
Apr 200904246.773.59$151
Mar 200907442.144.06$300
Feb 200901332.814.63$60
Jan 200902535.865.37$134
Dec 2008027137.105.98$1,620
Nov 2008030855.496.86$2,113
Oct 2008012875.246.92$886
Sep 2008077101.767.88$607
Aug 2008090114.228.48$763
Jul 2008017131.0811.39$194
Jun 200800131.3313.03$0
May 2008017123.1711.57$197
Apr 2008053110.3110.45$554
Mar 20081151101.909.66$1,614
Feb 200853792.538.77$787
Jan 200807390.388.21$599
Dec 200702688.337.30$190
Nov 200705491.677.29$394
Oct 200731282.856.92$332
Sep 200701175.846.24$69
Aug 20070069.066.39$0
Jul 200737870.906.39$711
Jun 200707862.007.55$589
May 2007050258.747.85$3,939
Apr 2007020759.617.81$1,616
Mar 200705956.927.30$431
Feb 200736555.108.22$699
Jan 2007013950.306.73$935
Dec 200606256.656.92$429
Nov 200603354.207.62$251
Oct 2006018354.906.01$1,101
Sep 2006013160.085.04$660
Aug 200637468.717.34$749
Jul 200608969.376.34$565
Jun 200606666.286.38$421
May 200608066.016.42$514
Apr 200609764.397.36$714
Mar 200635856.707.08$581
Feb 200608857.597.75$682
Jan 2006031060.598.93$2,769
Dec 2005418754.9413.42$2,728
Nov 200502,17854.6910.59$23,062
Oct 2005031758.3413.80$4,373
Sep 200503461.4512.08$411
Aug 2005223961.519.80$2,464
Jul 200502055.697.84$157
Jun 2005012952.337.38$952
May 200565045.226.65$604
Apr 2005011249.207.36$824
Mar 2005217350.377.15$1,339
Feb 200504845.226.31$303
Jan 2005010743.166.32$676
Dec 200402239.866.75$149
Nov 200401545.286.33$95
Oct 200409249.706.52$599
Sep 2004014343.245.28$756
Aug 200408142.375.55$450
Jul 2004011938.286.08$724
Jun 200405536.106.43$354
May 200408837.486.49$572
Apr 200403534.475.86$205
Mar 200402,03634.365.53$11,259
Feb 200402,33132.455.51$12,843

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 2012 — as filed, then multipliedworked
Condensate           116 bbl  × $ 98.09 =    $11,378
Gas                    0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                  $11,378

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/204277 is the state's own key, not one this site invented.