UNIVERSITY "53-20A"

Operated by TXP, INCORPORATED (P-5 875395) in the UNIVERSITY 53 (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 95358District 7CField 92628300NGPA filingCondensateGasSaveExport
Value, all time
$105 k
Jan 1993 – Dec 2002
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
120
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 25 leases and 25 wells, and the rule below applies to all of them.

Discovered
1976-11-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

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

The Commission's schedule remark for this field reads: SUSPENDED.

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
CondensateDisposition364 bbl$7,484
GasProduction51,670 Mcf$97,986
Total$105,470

21,813 Mcf of this lease's gas, across 47 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 31.0323, -100.9309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.03233, -100.93088 · 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
8,100 ft
1 wells filed one
Completion to plug
20.8 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 8,100 ft.

Completions filed
Sep 1981
1 of 1 wells
Plug dates filed
Jul 2002
1 of 1 wells

Last completion to plug: a median of 20.8 years across the 1 well that filed both dates, with the middle half between 20.8 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133104518,100 ftSep 1981Jul 2002Yes

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 (120)

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

120 months

Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20027025.963.16$182
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 200206922.003.10$214
Feb 2002026718.222.38$634
Jan 2002030617.172.38$727
Dec 2001031016.932.36$733
Nov 2001030018.072.41$722
Oct 2001029319.782.53$741
Sep 2001026424.262.25$594
Aug 2001033724.873.05$1,029
Jul 2001032223.933.20$1,029
Jun 2001031624.563.82$1,208
May 2001032825.524.31$1,413
Apr 2001034224.685.34$1,825
Mar 2001029624.545.38$1,591
Feb 2001029327.755.77$1,690
Jan 2001034427.478.40$2,889
Dec 2000034026.889.12$3,102
Nov 200001,08532.215.66$6,139
Oct 200001,80931.235.15$9,308
Sep 200001,46331.875.19$7,588
Aug 200001,08129.644.54$4,909
Jul 2000060328.534.09$2,466
Jun 2000036929.304.40$1,623
May 2000060227.263.68$2,215
Apr 2000082324.513.12$2,564
Mar 2000036528.422.86$1,044
Feb 2000060127.622.73$1,639
Jan 2000029725.272.48$737
Dec 1999032124.282.42$778
Nov 1999033323.192.43$811
Oct 199931032120.982.80$7,404
Sep 1999034121.752.62$893
Aug 1999030719.262.88$883
Jul 1999037617.892.37$892
Jun 1999036215.942.36$855
May 1999038715.792.32$898
Apr 1999053515.102.21$1,181
Mar 1999040912.471.84$752
Feb 199903939.981.82$714
Jan 1999046910.381.90$891
Dec 199805339.201.77$945
Nov 1998040210.892.19$879
Oct 1998040412.421.97$796
Sep 1998046912.592.08$977
Aug 1998061811.301.91$1,179
Jul 1998042311.742.24$946
Jun 1998059611.242.24$1,333
May 1998049612.622.21$1,094
Apr 1998051813.042.51$1,298
Mar 1998033112.802.31$764
Feb 1998046113.952.30$1,060
Jan 1998051214.702.15$1,103
Dec 1997047016.322.41$1,133
Nov 1997043718.193.09$1,350
Oct 1997047519.253.15$1,496
Sep 1997053817.742.95$1,590
Aug 1997062117.862.55$1,586
Jul 1997037917.582.25$852
Jun 1997038317.242.26$865
May 1997043118.972.31$995
Apr 1997049217.882.08$1,025
Mar 1997045318.951.94$878
Feb 1997048420.492.21$1,068
Jan 1997055223.483.54$1,954
Dec 1996052123.32$0
Nov 1996062621.97$0
Oct 1996040223.31$0
Sep 1996069222.22$0
Aug 1996085320.26$0
Jul 1996050619.55$0
Jun 1996049918.73$0
May 1996058219.43$0
Apr 1996063621.51$0
Mar 1996065319.38$0
Feb 19964750216.98$798
Jan 1996062917.07$0
Dec 199501,13317.19$0
Nov 1995078316.00$0
Oct 1995054415.43$0
Sep 1995062616.18$0
Aug 1995056915.92$0
Jul 1995058215.24$0
Jun 1995078916.41$0
May 1995014017.56$0
Apr 1995020717.73$0
Mar 1995077316.44$0
Feb 1995021116.58$0
Jan 1995012515.92$0
Dec 1994019115.03$0
Nov 1994018915.90$0
Oct 19940015.58$0
Sep 1994017515.29$0
Aug 1994040816.13$0
Jul 1994019017.56$0
Jun 1994023317.09$0
May 1994028115.88$0
Apr 1994016414.14$0
Mar 199406612.46$0
Feb 1994014812.50$0
Jan 1994020212.66$0
Dec 1993017912.33$0
Nov 1993030014.49$0
Oct 1993046815.85$0
Sep 1993028915.03$0
Aug 1993035315.66$0
Jul 1993062515.46$0
Jun 1993052816.79$0
May 199301,02217.68$0
Apr 1993077318.05$0
Mar 1993018618.14$0
Feb 1993049217.90$0
Jan 1993076816.93$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.

Aug 2002 — as filed, then multipliedworked
Condensate             7 bbl  × $ 25.96 =       $182
Gas                    0 Mcf  × $  3.16 =         $0

────────────────────────────────────────────────────
Month total                                     $182

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/95358 is the state's own key, not one this site invented.