UNIVERSITY LANDS -L-

Name: UNIVERSITY LANDS -L- 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 55201District 7CField 51770664Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$199 k

Jan 1993 – Dec 2008

Value, last 12 filed months

at the published price for each month

Months reported

192

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.”

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	234 bbl	$3,520
Gas	Production	147,906 Mcf	$195,593
Total			$199,113

99,329 Mcf of this lease's gas, across 44 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 30.7125, -101.6469. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.71249, -101.64690 · 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

6,950 ft

1 wells filed one

Completion to plug

35.7 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 6,950 ft.

Completions filed

Apr 1973

1 of 1 wells

Plug dates filed

Dec 2008

1 of 1 wells

Last completion to plug: a median of 35.7 years across the 1 well that filed both dates, with the middle half between 35.7 years and 35.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10530435	3	6,950 ft	Apr 1973	Dec 2008	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 (192)

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

192 months


Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	118	50.30	6.73	$794
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	1	54.20	7.62	$8
Oct 2006	0	76	54.90	6.01	$457
Sep 2006	0	139	60.08	5.04	$700
Aug 2006	0	129	68.71	7.34	$947
Jul 2006	0	106	69.37	6.34	$672
Jun 2006	0	204	66.28	6.38	$1,302
May 2006	0	145	66.01	6.42	$932
Apr 2006	0	112	64.39	7.36	$824
Mar 2006	0	217	56.70	7.08	$1,537
Feb 2006	0	55	57.59	7.75	$426
Jan 2006	0	202	60.59	8.93	$1,805
Dec 2005	0	199	54.94	13.42	$2,670
Nov 2005	0	223	54.69	10.59	$2,361
Oct 2005	0	200	58.34	13.80	$2,759
Sep 2005	0	335	61.45	12.08	$4,046
Aug 2005	0	203	61.51	9.80	$1,989
Jul 2005	0	477	55.69	7.84	$3,741
Jun 2005	0	127	52.33	7.38	$937
May 2005	0	201	45.22	6.65	$1,337
Apr 2005	0	158	49.20	7.36	$1,163
Mar 2005	0	131	50.37	7.15	$937
Feb 2005	0	225	45.22	6.31	$1,420
Jan 2005	0	224	43.16	6.32	$1,416
Dec 2004	0	198	39.86	6.75	$1,337
Nov 2004	0	195	45.28	6.33	$1,234
Oct 2004	0	246	49.70	6.52	$1,603
Sep 2004	0	215	43.24	5.28	$1,136
Aug 2004	0	205	42.37	5.55	$1,138
Jul 2004	0	286	38.28	6.08	$1,740
Jun 2004	0	197	36.10	6.43	$1,267
May 2004	0	193	37.48	6.49	$1,253
Apr 2004	0	240	34.47	5.86	$1,406
Mar 2004	0	110	34.36	5.53	$608
Feb 2004	0	333	32.45	5.51	$1,835
Jan 2004	0	446	32.03	6.30	$2,810
Dec 2003	0	340	30.26	6.30	$2,143
Nov 2003	0	149	28.80	4.60	$685
Oct 2003	0	58	28.17	4.76	$276
Sep 2003	0	185	26.31	4.75	$879
Aug 2003	0	238	29.76	5.13	$1,221
Jul 2003	0	171	29.41	5.17	$884
Jun 2003	0	203	28.56	5.98	$1,215
May 2003	0	283	26.59	5.97	$1,690
Apr 2003	0	493	26.67	5.41	$2,666
Mar 2003	0	80	31.14	6.10	$488
Feb 2003	0	227	33.48	7.93	$1,799
Jan 2003	0	401	30.31	5.58	$2,238
Dec 2002	0	358	26.91	4.85	$1,738
Nov 2002	0	414	24.66	4.14	$1,713
Oct 2002	0	386	26.46	4.23	$1,632
Sep 2002	0	411	27.44	3.64	$1,494
Aug 2002	0	437	25.96	3.16	$1,383
Jul 2002	0	419	24.58	3.06	$1,283
Jun 2002	0	388	23.73	3.34	$1,295
May 2002	0	348	24.66	3.58	$1,247
Apr 2002	0	121	23.65	3.51	$425
Mar 2002	0	282	22.00	3.10	$875
Feb 2002	0	582	18.22	2.38	$1,383
Jan 2002	0	948	17.17	2.38	$2,252
Dec 2001	0	566	16.93	2.36	$1,338
Nov 2001	0	495	18.07	2.41	$1,191
Oct 2001	0	512	19.78	2.53	$1,295
Sep 2001	0	631	24.26	2.25	$1,421
Aug 2001	0	878	24.87	3.05	$2,681
Jul 2001	0	406	23.93	3.20	$1,298
Jun 2001	0	530	24.56	3.82	$2,027
May 2001	0	704	25.52	4.31	$3,032
Apr 2001	0	714	24.68	5.34	$3,809
Mar 2001	0	816	24.54	5.38	$4,387
Feb 2001	0	1,041	27.75	5.77	$6,004
Jan 2001	0	851	27.47	8.40	$7,147
Dec 2000	0	611	26.88	9.12	$5,574
Nov 2000	0	638	32.21	5.66	$3,610
Oct 2000	7	632	31.23	5.15	$3,471
Sep 2000	0	805	31.87	5.19	$4,175
Aug 2000	0	732	29.64	4.54	$3,324
Jul 2000	0	740	28.53	4.09	$3,026
Jun 2000	0	557	29.30	4.40	$2,449
May 2000	0	671	27.26	3.68	$2,469
Apr 2000	0	664	24.51	3.12	$2,069
Mar 2000	0	671	28.42	2.86	$1,919
Feb 2000	0	697	27.62	2.73	$1,900
Jan 2000	0	715	25.27	2.48	$1,774
Dec 1999	0	673	24.28	2.42	$1,631
Nov 1999	0	715	23.19	2.43	$1,740
Oct 1999	0	728	20.98	2.80	$2,041
Sep 1999	0	734	21.75	2.62	$1,922
Aug 1999	0	736	19.26	2.88	$2,116
Jul 1999	0	774	17.89	2.37	$1,836
Jun 1999	0	709	15.94	2.36	$1,675
May 1999	0	712	15.79	2.32	$1,653
Apr 1999	0	785	15.10	2.21	$1,733
Mar 1999	0	688	12.47	1.84	$1,265
Feb 1999	0	693	9.98	1.82	$1,260
Jan 1999	0	795	10.38	1.90	$1,510
Dec 1998	0	803	9.20	1.77	$1,424
Nov 1998	0	758	10.89	2.19	$1,657
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	707	12.59	2.08	$1,472
Aug 1998	0	798	11.30	1.91	$1,522
Jul 1998	0	841	11.74	2.24	$1,882
Jun 1998	0	842	11.24	2.24	$1,884
May 1998	0	1,018	12.62	2.21	$2,246
Apr 1998	0	904	13.04	2.51	$2,265
Mar 1998	15	943	12.80	2.31	$2,370
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	943	14.70	2.15	$2,032
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	15	0	17.88	2.08	$268
Mar 1997	0	1	18.95	1.94	$2
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	7	23.48	3.54	$25
Dec 1996	0	217	23.32	—	$0
Nov 1996	0	198	21.97	—	$0
Oct 1996	0	434	23.31	—	$0
Sep 1996	0	282	22.22	—	$0
Aug 1996	0	241	20.26	—	$0
Jul 1996	0	822	19.55	—	$0
Jun 1996	0	3,464	18.73	—	$0
May 1996	0	205	19.43	—	$0
Apr 1996	0	408	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	19	16.98	—	$0
Jan 1996	0	2,442	17.07	—	$0
Dec 1995	0	781	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	33	1,849	15.43	—	$509
Sep 1995	0	1,128	16.18	—	$0
Aug 1995	0	1,735	15.92	—	$0
Jul 1995	0	1,657	15.24	—	$0
Jun 1995	0	1,581	16.41	—	$0
May 1995	0	1,535	17.56	—	$0
Apr 1995	0	1,127	17.73	—	$0
Mar 1995	0	1,908	16.44	—	$0
Feb 1995	0	1,308	16.58	—	$0
Jan 1995	0	1,378	15.92	—	$0
Dec 1994	1	1,376	15.03	—	$15
Nov 1994	0	4,426	15.90	—	$0
Oct 1994	0	4,431	15.58	—	$0
Sep 1994	0	1,050	15.29	—	$0
Aug 1994	2	2,039	16.13	—	$32
Jul 1994	0	1,986	17.56	—	$0
Jun 1994	2	5,539	17.09	—	$34
May 1994	0	1,570	15.88	—	$0
Apr 1994	17	1,373	14.14	—	$240
Mar 1994	99	4,495	12.46	—	$1,234
Feb 1994	0	2,550	12.50	—	$0
Jan 1994	0	2,273	12.66	—	$0
Dec 1993	0	2,160	12.33	—	$0
Nov 1993	0	4,424	14.49	—	$0
Oct 1993	0	4,176	15.85	—	$0
Sep 1993	1	4,118	15.03	—	$15
Aug 1993	0	4,953	15.66	—	$0
Jul 1993	0	6,651	15.46	—	$0
Jun 1993	0	7,573	16.79	—	$0
May 1993	0	3,969	17.68	—	$0
Apr 1993	1	245	18.05	—	$18
Mar 1993	41	0	18.14	—	$744
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	3,233	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.

Jan 2007 — as filed, then multipliedworked

Condensate             0 bbl  × $ 50.30 =         $0
Gas                  118 Mcf  × $  6.73 =       $794

────────────────────────────────────────────────────
Month total                                     $794

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/55201 is the state's own key, not one this site invented.