UNIVERSITY "3"

Operated by TXP, INCORPORATED (P-5 875395) in the OZONA, NE. (CANYON 7520) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 209295District 7CField 679985002 tax incentive programmesGasSaveExport
Value, all time
$1.1 M
Mar 2005 – Jan 2019
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
167
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 592 leases and 641 wells, and the rule below applies to all of them.

Discovered
1966-01-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-10-22.

The Commission's schedule remark for this field reads: PER DOCKET 01-0299858, THIS FIELD HAS BEEN DESIGNATED AS A UFT

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 Gas112006-01-31167048
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
GasProduction169,641 Mcf$1,105,544
Total$1,105,544

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 31.0141, -100.8936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.01412, -100.89365 · 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
7,259 ft
1 wells filed one
Completion to plug
13.8 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 7,259 ft.

Completions filed
Mar 2005
1 of 1 wells
Plug dates filed
Jan 2019
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133225917,259 ftMar 2005Jan 2019Yes

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 (167)

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

167 months

Jan 2019046.033.23$0
Dec 201827746.594.19$1,159
Nov 201827652.934.24$1,169
Oct 201828761.443.40$975
Sep 201828359.543.11$880
Aug 201829259.403.07$895
Jul 201829165.142.93$853
Jun 201829760.183.08$914
May 201828965.382.90$838
Apr 201828363.842.90$821
Mar 201830561.222.79$850
Feb 201828061.782.77$775
Jan 201831862.874.01$1,275
Dec 201731557.272.92$920
Nov 201733155.423.12$1,032
Oct 201729649.292.98$883
Sep 201734947.523.09$1,077
Aug 201733045.373.00$991
Jul 201735143.873.09$1,084
Jun 201733442.493.09$1,031
May 201736745.373.26$1,198
Apr 201734447.933.21$1,105
Mar 201737446.772.98$1,116
Feb 201733150.452.95$977
Jan 201738449.413.42$1,313
Dec 201638248.763.72$1,422
Nov 201638642.492.64$1,021
Oct 201641246.193.09$1,273
Sep 201643141.553.10$1,336
Aug 201642341.442.92$1,237
Jul 201636841.622.92$1,076
Jun 201637345.352.69$1,002
May 201638442.521.99$765
Apr 201634136.561.99$679
Mar 201638733.011.79$694
Feb 201637826.472.06$780
Jan 201640027.352.36$946
Dec 201541232.362.00$825
Nov 201542838.792.17$928
Oct 201542443.552.43$1,029
Sep 201541442.992.76$1,142
Aug 201543140.162.87$1,238
Jul 201539448.152.95$1,160
Jun 201534056.152.88$980
May 201533855.212.96$999
Apr 201532549.822.71$880
Mar 201541142.892.93$1,206
Feb 201537544.662.98$1,116
Jan 201561843.433.10$1,916
Dec 201440854.693.59$1,465
Nov 201441570.464.25$1,765
Oct 201449278.303.90$1,919
Sep 201443286.164.05$1,748
Aug 201445389.394.04$1,828
Jul 201446196.564.18$1,927
Jun 201448698.164.74$2,302
May 201442594.734.73$2,009
Apr 201445295.944.81$2,174
Mar 201447095.895.06$2,377
Feb 201442897.406.19$2,650
Jan 201440090.404.86$1,944
Dec 201350091.824.35$2,177
Nov 201348588.853.74$1,813
Oct 201351897.423.78$1,958
Sep 2013529104.113.72$1,967
Aug 2013532104.253.52$1,874
Jul 2013528102.523.72$1,963
Jun 201351194.403.93$2,010
May 201343094.834.15$1,784
Apr 201349693.964.28$2,124
Mar 201350693.623.91$1,980
Feb 201347991.233.42$1,638
Jan 201345391.603.42$1,549
Dec 201254086.773.42$1,847
Nov 201252886.953.62$1,914
Oct 201255889.383.40$1,897
Sep 201250294.672.92$1,465
Aug 201245992.662.91$1,335
Jul 201253885.133.02$1,625
Jun 201258479.822.52$1,471
May 201262991.612.49$1,565
Apr 2012630101.652.00$1,258
Mar 20121,086105.052.22$2,413
Feb 2012569101.102.57$1,462
Jan 201257898.092.73$1,580
Dec 201155996.873.24$1,811
Nov 201156295.723.31$1,861
Oct 201163084.983.65$2,299
Sep 201164283.623.99$2,559
Aug 201167983.404.15$2,817
Jul 201169494.144.52$3,135
Jun 201167592.904.64$3,132
May 201170998.134.40$3,123
Apr 2011692105.964.33$2,999
Mar 201173796.364.06$2,990
Feb 201165985.644.18$2,755
Jan 201174986.504.59$3,437
Dec 201078385.734.35$3,404
Nov 201078680.843.80$2,983
Oct 201083478.103.51$2,926
Sep 201081072.633.98$3,223
Aug 201080873.684.42$3,571
Jul 201086172.554.74$4,078
Jun 201086270.364.91$4,233
May 201090071.124.24$3,812
Apr 201088081.694.12$3,628
Mar 201088878.394.39$3,897
Feb 201082673.585.44$4,495
Jan 201091674.365.96$5,463
Dec 200992171.445.48$5,051
Nov 200989974.593.75$3,373
Oct 200986672.544.11$3,559
Sep 200985465.543.06$2,617
Aug 20091,02867.423.22$3,309
Jul 20091,06561.133.46$3,690
Jun 20091,04866.163.90$4,082
May 20091,09154.743.93$4,283
Apr 20091,06346.773.59$3,814
Mar 20091,09442.144.06$4,441
Feb 200996132.814.63$4,452
Jan 20091,07335.865.37$5,763
Dec 20081,13137.105.98$6,760
Nov 20081,09455.496.86$7,505
Oct 20081,16175.246.92$8,036
Sep 20081,150101.767.88$9,059
Aug 20081,213114.228.48$10,290
Jul 20081,227131.0811.39$13,975
Jun 20081,233131.3313.03$16,069
May 20081,287123.1711.57$14,896
Apr 20081,253110.3110.45$13,100
Mar 20081,302101.909.66$12,583
Feb 20081,27092.538.77$11,139
Jan 20081,40490.388.21$11,521
Dec 20071,44588.337.30$10,551
Nov 20071,44391.677.29$10,522
Oct 20071,50882.856.92$10,438
Sep 20071,50275.846.24$9,379
Aug 20071,57369.066.39$10,048
Jul 20071,53270.906.39$9,786
Jun 20071,56662.007.55$11,821
May 20071,68758.747.85$13,237
Apr 20071,68059.617.81$13,113
Mar 20071,70856.927.30$12,472
Feb 20071,62455.108.22$13,343
Jan 20072,15050.306.73$14,463
Dec 20061,89856.656.92$13,131
Nov 20061,93254.207.62$14,717
Oct 20062,05354.906.01$12,346
Sep 20062,07960.085.04$10,472
Aug 20062,22768.717.34$16,346
Jul 20062,33069.376.34$14,779
Jun 20062,38766.286.38$15,238
May 20062,58366.016.42$16,596
Apr 20062,60564.397.36$19,174
Mar 20062,74056.707.08$19,407
Feb 20062,73157.597.75$21,168
Jan 20063,03460.598.93$27,104
Dec 20053,34054.9413.42$44,807
Nov 20053,44054.6910.59$36,424
Oct 20053,86958.3413.80$53,376
Sep 20054,35061.4512.08$52,544
Aug 20054,11161.519.80$40,275
Jul 20053,72555.697.84$29,218
Jun 20054,57152.337.38$33,739
May 20055,76745.226.65$38,357
Apr 20057,54249.207.36$55,513
Mar 200543150.377.15$3,084

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.

Dec 2018 — as filed, then multipliedworked
Gas                  277 Mcf  × $  4.19 =     $1,159

────────────────────────────────────────────────────
Month total                                   $1,159

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/209295 is the state's own key, not one this site invented.