UNIVERSITY "22"

Operated by BRIDWELL OIL CO. (P-5 92480) in the BLOCK 4 (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98612District 7CField 09144200NGPA filingCondensateGasSaveExport
Value, all time
$2.0 M
Jan 1993 – Jan 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
277
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1956-06-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2001-09-06.

The Commission's schedule remark for this field reads: NET GOR 2000 MCF/DAY DKT#7-43,552 5/30/60.

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
CondensateDisposition2,361 bbl$87,943
GasProduction558,451 Mcf$1,919,091
Total$2,007,035

156,505 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 31.1640, -101.8388. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.16402, -101.83877 · 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
12,948 ft
1 wells filed one
Completion to plug
4.8 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 12,948 ft.

Completions filed
Jan 2011
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46131870112,948 ftJan 2011Oct 2015Yes

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 (277)

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

277 months

Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
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 201179096.364.06$7,612
Feb 20111185.644.18$90
Jan 20110086.504.59$0
Dec 20102285.734.35$180
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010012872.633.98$509
Aug 201001,66273.684.42$7,345
Jul 201001,71572.554.74$8,123
Jun 201001,53770.364.91$7,547
May 201001,58171.124.24$6,696
Apr 201001,59181.694.12$6,559
Mar 201001,69378.394.39$7,430
Feb 20101721,59573.585.44$21,336
Jan 201001,81874.365.96$10,843
Dec 200902,11071.445.48$11,571
Nov 200901,23274.593.75$4,622
Oct 200901,84272.544.11$7,571
Sep 200901,78165.543.06$5,458
Aug 200901,59067.423.22$5,117
Jul 200901,80761.133.46$6,260
Jun 200901,27166.163.90$4,951
May 200901,79854.743.93$7,059
Apr 200901,89546.773.59$6,798
Mar 200901,48542.144.06$6,028
Feb 200901,49332.814.63$6,917
Jan 200902,09335.865.37$11,242
Dec 2008971,19937.105.98$10,765
Nov 200802,07155.496.86$14,208
Oct 200801,53075.246.92$10,591
Sep 20080907101.767.88$7,145
Aug 200801,649114.228.48$13,989
Jul 200801,571131.0811.39$17,893
Jun 200801,440131.3313.03$18,767
May 200801,435123.1711.57$16,609
Apr 20081501,532110.3110.45$32,563
Mar 200801,733101.909.66$16,748
Feb 200801,71092.538.77$14,998
Jan 2008151,89290.388.21$16,881
Dec 200701,88888.337.30$13,786
Nov 200701,80091.677.29$13,125
Oct 200701,83682.856.92$12,709
Sep 200701,74975.846.24$10,921
Aug 200701,78469.066.39$11,396
Jul 200701,59870.906.39$10,208
Jun 200701,41862.007.55$10,704
May 200701,62258.747.85$12,727
Apr 200701,70559.617.81$13,308
Mar 200701,91056.927.30$13,947
Feb 200701,75155.108.22$14,386
Jan 200702,06150.306.73$13,864
Dec 2006912,10956.656.92$19,746
Nov 2006322,01254.207.62$17,061
Oct 200602,09754.906.01$12,611
Sep 200601,97960.085.04$9,969
Aug 200601,98468.717.34$14,562
Jul 200602,02669.376.34$12,850
Jun 200601,94366.286.38$12,404
May 200612,06966.016.42$13,359
Apr 200602,00764.397.36$14,772
Mar 200602,21256.707.08$15,667
Feb 200601,84057.597.75$14,262
Jan 200602,13260.598.93$19,046
Dec 20051022,15354.9413.42$34,487
Nov 200502,14654.6910.59$22,723
Oct 200512,38758.3413.80$32,989
Sep 200512,62161.4512.08$31,721
Aug 200513,05061.519.80$29,942
Jul 200501,29555.697.84$10,158
Jun 200502,07352.337.38$15,301
May 200501,26245.226.65$8,394
Apr 200501,92649.207.36$14,176
Mar 200502,43350.377.15$17,408
Feb 200522,08845.226.31$13,270
Jan 200502,38643.166.32$15,085
Dec 200402,34439.866.75$15,825
Nov 200402,31645.286.33$14,661
Oct 200402,43849.706.52$15,884
Sep 20041062,38943.245.28$17,207
Aug 200412,45142.375.55$13,647
Jul 200402,38838.286.08$14,529
Jun 200402,38736.106.43$15,356
May 200402,50637.486.49$16,275
Apr 200402,50634.475.86$14,681
Mar 200402,16834.365.53$11,989
Feb 200402,23432.455.51$12,308
Jan 200402,44332.036.30$15,390
Dec 200302,45730.266.30$15,483
Nov 200302,37128.804.60$10,895
Oct 200302,51228.174.76$11,956
Sep 200302,33326.314.75$11,080
Aug 200302,53029.765.13$12,978
Jul 200312,51429.415.17$13,029
Jun 200302,45328.565.98$14,676
May 200302,61626.595.97$15,625
Apr 20031382,65126.675.41$18,015
Mar 200302,65631.146.10$16,191
Feb 200302,57233.487.93$20,385
Jan 200302,97230.315.58$16,590
Dec 200202,82626.914.85$13,717
Nov 200202,57124.664.14$10,636
Oct 200202,99026.464.23$12,645
Sep 200202,17427.443.64$7,903
Aug 200202,90325.963.16$9,186
Jul 200202,78224.583.06$8,518
Jun 200202,84323.733.34$9,491
May 200203,11124.663.58$11,150
Apr 200203,12223.653.51$10,965
Mar 200203,20622.003.10$9,947
Feb 20021211,78018.222.38$6,433
Jan 200202,44117.172.38$5,799
Dec 200103,12816.932.36$7,396
Nov 200102,83518.072.41$6,820
Oct 200103,22219.782.53$8,148
Sep 200103,00324.262.25$6,761
Aug 200103,27324.873.05$9,993
Jul 200103,42723.933.20$10,956
Jun 200102,71124.563.82$10,367
May 200103,02925.524.31$13,047
Apr 200102,69424.685.34$14,373
Mar 200103,10224.545.38$16,678
Feb 200103,03727.755.77$17,515
Jan 200102,99927.478.40$25,188
Dec 20001682,92626.889.12$31,208
Nov 200003,18232.215.66$18,004
Oct 200003,06631.235.15$15,776
Sep 200003,16831.875.19$16,431
Aug 200003,27929.644.54$14,889
Jul 200013,34028.534.09$13,688
Jun 200003,34029.304.40$14,687
May 200013,55527.263.68$13,109
Apr 200003,26524.513.12$10,174
Mar 200003,54828.422.86$10,146
Feb 200003,41327.622.73$9,306
Jan 200003,68325.272.48$9,136
Dec 199903,79324.282.42$9,193
Nov 199932,98523.192.43$7,335
Oct 199903,32420.982.80$9,320
Sep 199903,73221.752.62$9,774
Aug 199913,55919.262.88$10,254
Jul 199903,67717.892.37$8,723
Jun 19991043,65415.942.36$10,289
May 199903,54515.792.32$8,228
Apr 199903,88515.102.21$8,578
Mar 199904,54712.471.84$8,359
Feb 199903,7419.981.82$6,800
Jan 199901,70410.381.90$3,238
Dec 199801,0019.201.77$1,775
Nov 199802,90310.892.19$6,345
Oct 199803,87912.421.97$7,639
Sep 199804,18212.592.08$8,710
Aug 199804,04211.301.91$7,710
Jul 1998573,85711.742.24$9,298
Jun 199803,56611.242.24$7,978
May 1998103,99112.622.21$8,932
Apr 1998154,15913.042.51$10,615
Mar 199804,07712.802.31$9,416
Feb 199804,15413.952.30$9,551
Jan 199874,47614.702.15$9,748
Dec 199724,09616.322.41$9,909
Nov 199703,76718.193.09$11,633
Oct 199704,24519.253.15$13,371
Sep 199703,69917.742.95$10,930
Aug 1997022717.862.55$580
Jul 19971424017.582.25$785
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19971131,43718.951.94$4,928
Feb 199702,50220.492.21$5,519
Jan 199703,37823.483.54$11,957
Dec 199602,99823.32$0
Nov 199602,95021.97$0
Oct 199602,75823.31$0
Sep 199603,31622.22$0
Aug 199601,78120.26$0
Jul 1996992,89619.55$1,935
Jun 199602,51518.73$0
May 199603,08119.43$0
Apr 199612,12721.51$22
Mar 199603,32719.38$0
Feb 199603,10016.98$0
Jan 199603,24117.07$0
Dec 19951283,29917.19$2,200
Nov 199502,49016.00$0
Oct 199512,42715.43$15
Sep 199502,45216.18$0
Aug 199512,29615.92$16
Jul 199503,22615.24$0
Jun 199504,07916.41$0
May 199502,97817.56$0
Apr 199503,90817.73$0
Mar 199503,59716.44$0
Feb 19951532,76216.58$2,537
Jan 199503,82715.92$0
Dec 199403,83515.03$0
Nov 199403,79015.90$0
Oct 199403,61415.58$0
Sep 199403,34715.29$0
Aug 199403,31616.13$0
Jul 199403,11317.56$0
Jun 199402,85917.09$0
May 199413,67415.88$16
Apr 19941063,82714.14$1,499
Mar 199403,09412.46$0
Feb 199402,84512.50$0
Jan 199403,34812.66$0
Dec 199303,72412.33$0
Nov 199303,77414.49$0
Oct 19931143,82015.85$1,807
Sep 199303,60115.03$0
Aug 199303,65415.66$0
Jul 199303,63615.46$0
Jun 199302,97016.79$0
May 199302,97217.68$0
Apr 199303,85818.05$0
Mar 19931474,20518.14$2,667
Feb 199303,85617.90$0
Jan 199304,34216.93$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 2011 — as filed, then multipliedworked
Condensate            79 bbl  × $ 96.36 =     $7,612
Gas                    0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $7,612

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/98612 is the state's own key, not one this site invented.