UNIVERSITY LANDS 13

Operated by WTG EXPLORATION (P-5 945220) in the UNIVERSITY BLOCK 32 (WOODFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260157District 7CField 92560500CondensateGasSaveExport
Value, all time
$786 k
Mar 2010 – Dec 2020
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
130
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2010-06-12
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 09/01/2014.

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
CondensateDisposition1 bbl$104
GasProduction217,560 Mcf$785,831
Total$785,936

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 30.5287, -101.9742. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.52873, -101.97420 · 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
13,200 ft
1 wells filed one
Completion to plug
10.6 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 13,200 ft.

Completions filed
Mar 2010
1 of 1 wells
Plug dates filed
Oct 2020
1 of 1 wells

Last completion to plug: a median of 10.6 years across the 1 well that filed both dates, with the middle half between 10.6 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-44331331113,200 ftMar 2010Oct 2020Yes

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 (130)

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

130 months

Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202005230.341.86$97
Feb 2020040349.881.98$798
Jan 202002,19957.252.09$4,606
Dec 2019096659.012.30$2,226
Nov 2019041055.302.75$1,128
Oct 2019013753.472.42$331
Sep 2019014855.052.66$393
Aug 201909453.112.30$217
Jul 201905456.272.46$133
Jun 2019029352.782.49$730
May 2019025758.482.74$704
Apr 2019017962.632.75$492
Mar 2019077556.803.06$2,373
Feb 2019084050.852.79$2,345
Jan 201901,14546.033.23$3,696
Dec 2018061746.594.19$2,582
Nov 201803,03352.934.24$12,852
Oct 2018067061.443.40$2,277
Sep 2018072859.543.11$2,263
Aug 2018073459.403.07$2,251
Jul 2018089265.142.93$2,615
Jun 2018058160.183.08$1,788
May 2018069565.382.90$2,016
Apr 201801,02763.842.90$2,979
Mar 2018056561.222.79$1,575
Feb 2018042361.782.77$1,170
Jan 201802,96262.874.01$11,876
Dec 2017028957.272.92$844
Nov 201701,03355.423.12$3,221
Oct 201701,31349.292.98$3,918
Sep 201701,00447.523.09$3,100
Aug 2017080445.373.00$2,416
Jul 201701,02843.873.09$3,174
Jun 201701,04042.493.09$3,211
May 2017098945.373.26$3,228
Apr 2017092047.933.21$2,955
Mar 201701,07646.772.98$3,210
Feb 2017073750.452.95$2,176
Jan 201701,07049.413.42$3,658
Dec 201601,40748.763.72$5,238
Nov 201601,01542.492.64$2,684
Oct 2016088546.193.09$2,735
Sep 2016093341.553.10$2,893
Aug 201601,49041.442.92$4,357
Jul 201601,63341.622.92$4,775
Jun 201601,69345.352.69$4,547
May 201601,99542.521.99$3,972
Apr 201602,19236.561.99$4,364
Mar 201602,01433.011.79$3,613
Feb 201602,43826.472.06$5,031
Jan 201602,52127.352.36$5,961
Dec 201503,45932.362.00$6,923
Nov 201503,55538.792.17$7,705
Oct 201504,49343.552.43$10,903
Sep 201504,01042.992.76$11,061
Aug 201504,43640.162.87$12,742
Jul 201504,85548.152.95$14,298
Jun 201504,11956.152.88$11,875
May 201504,05955.212.96$11,996
Apr 201504,00349.822.71$10,834
Mar 201504,14042.892.93$12,150
Feb 201504,91544.662.98$14,628
Jan 201504,75943.433.10$14,756
Dec 201406,08054.693.59$21,835
Nov 201405,90770.464.25$25,116
Oct 201406,76678.303.90$26,394
Sep 201406,45286.164.05$26,101
Aug 201407,32089.394.04$29,537
Jul 201407,63796.564.18$31,920
Jun 201407,45598.164.74$35,313
May 201407,78094.734.73$36,773
Apr 201407,98995.944.81$38,420
Mar 201407,96095.895.06$40,252
Feb 201405,58197.406.19$34,558
Jan 201406,28990.404.86$30,569
Dec 201304,90791.824.35$21,367
Nov 201302,73088.853.74$10,206
Oct 201306,24697.423.78$23,606
Sep 201302,934104.113.72$10,908
Aug 201312,359104.253.52$8,414
Jul 201302,891102.523.72$10,748
Jun 2013067194.403.93$2,639
May 201301,38994.834.15$5,763
Apr 2013094293.964.28$4,034
Mar 2013065493.623.91$2,559
Feb 2013042991.233.42$1,467
Jan 2013093191.603.42$3,184
Dec 2012087386.773.42$2,986
Nov 2012059486.953.62$2,153
Oct 2012056589.383.40$1,921
Sep 2012051194.672.92$1,491
Aug 2012039492.662.91$1,146
Jul 2012016985.133.02$511
Jun 2012021879.822.52$549
May 2012073691.612.49$1,831
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$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.

Mar 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.34 =         $0
Gas                   52 Mcf  × $  1.86 =        $97

────────────────────────────────────────────────────
Month total                                      $97

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/260157 is the state's own key, not one this site invented.