UNIVERSITY "16-33"

Name: UNIVERSITY "16-33" lease production and value, Sep 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 242529District 7CField 42985500CondensateGasSave Export

Value, all time

$21 k

Sep 2008 – Aug 2020

Value, last 12 filed months

$431

at the published price for each month

Months reported

144

no gaps in the span

Streams

condensate, gas

The HOWARDS CREEK (CANYON) 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 59 leases and 59 wells, and the rule below applies to all of them.

Discovered

1985-11-04

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 1991-10-21.

The Commission's schedule remark for this field reads: “PER ORDER 7C-96783 10/21/91 OPTIONAL 80 ACRE UNITS”

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	15 bbl	$1,113
Gas	Production	5,334 Mcf	$19,521
Total			$20,634

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 30.6591, -101.4892. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65912, -101.48920 · 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

9,350 ft

1 wells filed one

Completion to plug

11.9 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 9,350 ft.

Completions filed

Sep 2008

1 of 1 wells

Plug dates filed

Aug 2020

1 of 1 wells

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10532546	1	9,350 ft	Sep 2008	Aug 2020	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 (144)

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

144 months


Aug 2020	1	4	39.98	2.39	$50
Jul 2020	0	12	38.37	1.83	$22
Jun 2020	0	12	34.90	1.69	$20
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	15	14.75	1.80	$27
Mar 2020	0	13	30.34	1.86	$24
Feb 2020	0	25	49.88	1.98	$50
Jan 2020	0	12	57.25	2.09	$25
Dec 2019	0	24	59.01	2.30	$55
Nov 2019	0	16	55.30	2.75	$44
Oct 2019	0	22	53.47	2.42	$53
Sep 2019	0	23	55.05	2.66	$61
Aug 2019	0	28	53.11	2.30	$65
Jul 2019	0	30	56.27	2.46	$74
Jun 2019	0	23	52.78	2.49	$57
May 2019	0	6	58.48	2.74	$16
Apr 2019	0	32	62.63	2.75	$88
Mar 2019	0	33	56.80	3.06	$101
Feb 2019	0	26	50.85	2.79	$73
Jan 2019	0	20	46.03	3.23	$65
Dec 2018	0	14	46.59	4.19	$59
Nov 2018	0	27	52.93	4.24	$114
Oct 2018	0	31	61.44	3.40	$105
Sep 2018	0	24	59.54	3.11	$75
Aug 2018	0	24	59.40	3.07	$74
Jul 2018	0	31	65.14	2.93	$91
Jun 2018	0	17	60.18	3.08	$52
May 2018	0	32	65.38	2.90	$93
Apr 2018	0	17	63.84	2.90	$49
Mar 2018	0	35	61.22	2.79	$98
Feb 2018	0	32	61.78	2.77	$89
Jan 2018	0	41	62.87	4.01	$164
Dec 2017	0	17	57.27	2.92	$50
Nov 2017	0	26	55.42	3.12	$81
Oct 2017	0	27	49.29	2.98	$81
Sep 2017	0	28	47.52	3.09	$86
Aug 2017	0	29	45.37	3.00	$87
Jul 2017	0	31	43.87	3.09	$96
Jun 2017	0	36	42.49	3.09	$111
May 2017	0	35	45.37	3.26	$114
Apr 2017	0	39	47.93	3.21	$125
Mar 2017	0	33	46.77	2.98	$98
Feb 2017	0	30	50.45	2.95	$89
Jan 2017	0	26	49.41	3.42	$89
Dec 2016	0	37	48.76	3.72	$138
Nov 2016	0	30	42.49	2.64	$79
Oct 2016	0	42	46.19	3.09	$130
Sep 2016	0	52	41.55	3.10	$161
Aug 2016	0	27	41.44	2.92	$79
Jul 2016	0	36	41.62	2.92	$105
Jun 2016	0	48	45.35	2.69	$129
May 2016	0	64	42.52	1.99	$127
Apr 2016	0	66	36.56	1.99	$131
Mar 2016	0	46	33.01	1.79	$83
Feb 2016	0	40	26.47	2.06	$83
Jan 2016	0	43	27.35	2.36	$102
Dec 2015	0	46	32.36	2.00	$92
Nov 2015	0	54	38.79	2.17	$117
Oct 2015	0	50	43.55	2.43	$121
Sep 2015	0	28	42.99	2.76	$77
Aug 2015	0	28	40.16	2.87	$80
Jul 2015	2	27	48.15	2.95	$176
Jun 2015	0	35	56.15	2.88	$101
May 2015	0	30	55.21	2.96	$89
Apr 2015	0	34	49.82	2.71	$92
Mar 2015	0	34	42.89	2.93	$100
Feb 2015	0	27	44.66	2.98	$80
Jan 2015	0	33	43.43	3.10	$102
Dec 2014	0	55	54.69	3.59	$198
Nov 2014	0	5	70.46	4.25	$21
Oct 2014	0	34	78.30	3.90	$133
Sep 2014	0	38	86.16	4.05	$154
Aug 2014	0	30	89.39	4.04	$121
Jul 2014	0	43	96.56	4.18	$180
Jun 2014	0	52	98.16	4.74	$246
May 2014	0	46	94.73	4.73	$217
Apr 2014	0	42	95.94	4.81	$202
Mar 2014	0	56	95.89	5.06	$283
Feb 2014	0	48	97.40	6.19	$297
Jan 2014	0	46	90.40	4.86	$224
Dec 2013	0	49	91.82	4.35	$213
Nov 2013	0	46	88.85	3.74	$172
Oct 2013	0	60	97.42	3.78	$227
Sep 2013	0	88	104.11	3.72	$327
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	2	102.52	3.72	$7
Jun 2013	0	32	94.40	3.93	$126
May 2013	0	36	94.83	4.15	$149
Apr 2013	0	46	93.96	4.28	$197
Mar 2013	0	51	93.62	3.91	$200
Feb 2013	0	44	91.23	3.42	$150
Jan 2013	0	46	91.60	3.42	$157
Dec 2012	0	37	86.77	3.42	$127
Nov 2012	0	47	86.95	3.62	$170
Oct 2012	0	45	89.38	3.40	$153
Sep 2012	0	38	94.67	2.92	$111
Aug 2012	0	47	92.66	2.91	$137
Jul 2012	0	48	85.13	3.02	$145
Jun 2012	0	43	79.82	2.52	$108
May 2012	0	53	91.61	2.49	$132
Apr 2012	0	74	101.65	2.00	$148
Mar 2012	0	86	105.05	2.22	$191
Feb 2012	0	15	101.10	2.57	$39
Jan 2012	3	34	98.09	2.73	$387
Dec 2011	0	22	96.87	3.24	$71
Nov 2011	0	44	95.72	3.31	$146
Oct 2011	0	19	84.98	3.65	$69
Sep 2011	0	11	83.62	3.99	$44
Aug 2011	0	22	83.40	4.15	$91
Jul 2011	0	9	94.14	4.52	$41
Jun 2011	0	8	92.90	4.64	$37
May 2011	0	16	98.13	4.40	$70
Apr 2011	0	27	105.96	4.33	$117
Mar 2011	0	46	96.36	4.06	$187
Feb 2011	0	55	85.64	4.18	$230
Jan 2011	0	56	86.50	4.59	$257
Dec 2010	2	37	85.73	4.35	$332
Nov 2010	0	49	80.84	3.80	$186
Oct 2010	0	40	78.10	3.51	$140
Sep 2010	0	44	72.63	3.98	$175
Aug 2010	0	52	73.68	4.42	$230
Jul 2010	0	123	72.55	4.74	$583
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	45	71.12	4.24	$191
Apr 2010	0	72	81.69	4.12	$297
Mar 2010	0	63	78.39	4.39	$276
Feb 2010	0	61	73.58	5.44	$332
Jan 2010	0	83	74.36	5.96	$495
Dec 2009	4	41	71.44	5.48	$511
Nov 2009	0	40	74.59	3.75	$150
Oct 2009	0	9	72.54	4.11	$37
Sep 2009	0	6	65.54	3.06	$18
Aug 2009	0	13	67.42	3.22	$42
Jul 2009	0	13	61.13	3.46	$45
Jun 2009	0	15	66.16	3.90	$58
May 2009	0	53	54.74	3.93	$208
Apr 2009	0	93	46.77	3.59	$334
Mar 2009	0	79	42.14	4.06	$321
Feb 2009	0	67	32.81	4.63	$310
Jan 2009	0	101	35.86	5.37	$542
Dec 2008	0	88	37.10	5.98	$526
Nov 2008	0	65	55.49	6.86	$446
Oct 2008	3	54	75.24	6.92	$600
Sep 2008	0	16	101.76	7.88	$126

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.

Aug 2020 — as filed, then multipliedworked

Condensate             1 bbl  × $ 39.98 =        $40
Gas                    4 Mcf  × $  2.39 =        $10

────────────────────────────────────────────────────
Month total                                      $50

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/242529 is the state's own key, not one this site invented.