UNIVERSITY 29-32

Operated by THOMPSON, J. CLEO (P-5 855610) in the UNIVERSITY 29 (STRAWN-DETRITAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 94478District 7CField 92623475NGPA filingCondensateGasSaveExport
Value, all time
$21 k
Jan 1993 – Aug 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
188
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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
1981-05-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,980 ft
minimum
From a lease line
990 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2000.

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
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
CondensateDisposition601 bbl$10,721
GasProduction14,550 Mcf$10,436
Total$21,157

11,545 Mcf of this lease's gas, across 48 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 30.7402, -101.5730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.74018, -101.57303 · 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
7,995 ft
1 wells filed one
Completion to plug
27.2 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 7,995 ft.

Completions filed
Jun 1981
1 of 1 wells
Plug dates filed
Aug 2008
1 of 1 wells

Last completion to plug: a median of 27.2 years across the 1 well that filed both dates, with the middle half between 27.2 years and 27.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053343517,995 ftJun 1981Aug 2008Yes

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 (188)

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

188 months

Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070856.927.30$58
Feb 200701355.108.22$107
Jan 200701150.306.73$74
Dec 200601556.656.92$104
Nov 200601454.207.62$107
Oct 200601654.906.01$96
Sep 20060960.085.04$45
Aug 200601268.717.34$88
Jul 200601169.376.34$70
Jun 20060966.286.38$57
May 200601266.016.42$77
Apr 200601264.397.36$88
Mar 200601556.707.08$106
Feb 200601057.597.75$78
Jan 200601160.598.93$98
Dec 200501354.9413.42$174
Nov 200504554.6910.59$476
Oct 20050958.3413.80$124
Sep 200501261.4512.08$145
Aug 200501261.519.80$118
Jul 200501955.697.84$149
Jun 20050952.337.38$66
May 200501245.226.65$80
Apr 200501549.207.36$110
Mar 200501250.377.15$86
Feb 200501145.226.31$69
Jan 200501243.166.32$76
Dec 200401239.866.75$81
Nov 200402245.286.33$139
Oct 200401649.706.52$104
Sep 200401043.245.28$53
Aug 200401342.375.55$72
Jul 200401238.286.08$73
Jun 200401336.106.43$84
May 200401637.486.49$104
Apr 200401534.475.86$88
Mar 200401334.365.53$72
Feb 200401532.455.51$83
Jan 20040832.036.30$50
Dec 200301230.266.30$76
Nov 20030528.804.60$23
Oct 200301428.174.76$67
Sep 200301126.314.75$52
Aug 200301729.765.13$87
Jul 20030929.415.17$47
Jun 200301228.565.98$72
May 200301326.595.97$78
Apr 200301626.675.41$87
Mar 20030831.146.10$49
Feb 200301333.487.93$103
Jan 200301030.315.58$56
Dec 20020726.914.85$34
Nov 200201124.664.14$46
Oct 20020426.464.23$17
Sep 20020327.443.64$11
Aug 20020425.963.16$13
Jul 20020624.583.06$18
Jun 20020423.733.34$13
May 20020824.663.58$29
Apr 20020323.653.51$11
Mar 20020122.003.10$3
Feb 20020318.222.38$7
Jan 20020217.172.38$5
Dec 20010116.932.36$2
Nov 20010218.072.41$5
Oct 20010119.782.53$3
Sep 20010224.262.25$5
Aug 20010324.873.05$9
Jul 20010223.933.20$6
Jun 20010424.563.82$15
May 20010225.524.31$9
Apr 20010224.685.34$11
Mar 20010224.545.38$11
Feb 20010227.755.77$12
Jan 20010127.478.40$8
Dec 20000226.889.12$18
Nov 20000132.215.66$6
Oct 20000231.235.15$10
Sep 20000231.875.19$10
Aug 200003829.644.54$173
Jul 200001228.534.09$49
Jun 2000432829.304.40$1,383
May 200003327.263.68$121
Apr 200003924.513.12$122
Mar 200007328.422.86$209
Feb 20000827.622.73$22
Jan 200001225.272.48$30
Dec 19990424.282.42$10
Nov 19990423.192.43$10
Oct 199962520.982.80$1,315
Sep 19990321.752.62$8
Aug 19990619.262.88$17
Jul 19990817.892.37$19
Jun 19990215.942.36$5
May 199905015.792.32$116
Apr 1999486415.102.21$866
Mar 19990112.471.84$2
Feb 1999039.981.82$5
Jan 19990510.381.90$10
Dec 1998039.201.77$5
Nov 199832410.892.19$357
Oct 199802512.421.97$49
Sep 199802812.592.08$58
Aug 199802111.301.91$40
Jul 19980111.742.24$2
Jun 1998026511.242.24$593
May 1998023712.622.21$523
Apr 1998015313.042.51$383
Mar 1998487312.802.31$783
Feb 19980613.952.30$14
Jan 199802614.702.15$56
Dec 199703816.322.41$92
Nov 1997492518.193.09$969
Oct 19970819.253.15$25
Sep 19970617.742.95$18
Aug 199701217.862.55$31
Jul 1997014717.582.25$330
Jun 1997016817.242.26$379
May 19975018418.972.31$1,373
Apr 1997015317.882.08$319
Mar 1997021518.951.94$417
Feb 199704420.492.21$97
Jan 199701423.483.54$50
Dec 19960823.32$0
Nov 199651121.97$1,120
Oct 19960323.31$0
Sep 199605822.22$0
Aug 199602120.26$0
Jul 19967115419.55$1,388
Jun 1996015518.73$0
May 1996038819.43$0
Apr 1996010021.51$0
Mar 1996041619.38$0
Feb 1996038316.98$0
Jan 1996029517.07$0
Dec 199506317.19$0
Nov 199501416.00$0
Oct 199503315.43$0
Sep 199504616.18$0
Aug 19950915.92$0
Jul 199501515.24$0
Jun 19950416.41$0
May 1995538717.56$931
Apr 1995011617.73$0
Mar 199509016.44$0
Feb 199502816.58$0
Jan 1995010315.92$0
Dec 199403415.03$0
Nov 199402315.90$0
Oct 199404015.58$0
Sep 1994011915.29$0
Aug 1994015416.13$0
Jul 1994033817.56$0
Jun 1994049117.09$0
May 1994054315.88$0
Apr 1994762314.14$99
Mar 19942063812.46$249
Feb 19942058112.50$250
Jan 19944758212.66$595
Dec 1993056512.33$0
Nov 1993058814.49$0
Oct 1993061415.85$0
Sep 1993057515.03$0
Aug 1993032415.66$0
Jul 1993041315.46$0
Jun 1993028616.79$0
May 1993039917.68$0
Apr 1993042818.05$0
Mar 1993036718.14$0
Feb 1993015617.90$0
Jan 199307416.93$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.

Mar 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.92 =         $0
Gas                    8 Mcf  × $  7.30 =        $58

────────────────────────────────────────────────────
Month total                                      $58

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/94478 is the state's own key, not one this site invented.