UNIVERSITY 10-31

Name: UNIVERSITY 10-31 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BEACH EXPLORATION, INC. (P-5 58915) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10108District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Mar 2016

Value, last 12 filed months

at the published price for each month

Months reported

279

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	20,978 bbl	$686,365
Casinghead gas	Production	188,050 Mcf	$647,025
Total			$1,333,390

57,445 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 (2)

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 31.3056, -101.4855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.30556, -101.48553 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

7,410 ft

2 wells filed one

Completion to plug

21.6 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 7,400 and 7,420 ft, median 7,410 ft, over the 2 wells that filed a depth.

Completions filed

Feb 1983 – Apr 1984

2 of 2 wells

Plug dates filed

May 1995 – Feb 2015

2 of 2 wells

Last completion to plug: a median of 21.6 years across the 2 wells that filed both dates, with the middle half between 16.3 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38332878	2	7,400 ft	Apr 1984	May 1995	Yes
42-38332446	1	7,420 ft	Feb 1983	Feb 2015	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 (279)

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

279 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	8	88.85	3.74	$30
Oct 2013	0	13	97.42	3.78	$49
Sep 2013	0	11	104.11	3.72	$41
Aug 2013	180	9	104.25	3.52	$18,797
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	62	94.83	4.15	$257
Apr 2013	0	80	93.96	4.28	$343
Mar 2013	0	21	93.62	3.91	$82
Feb 2013	0	2	91.23	3.42	$7
Jan 2013	0	2	91.60	3.42	$7
Dec 2012	0	5	86.77	3.42	$17
Nov 2012	0	3	86.95	3.62	$11
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	6	94.67	2.92	$18
Aug 2012	177	14	92.66	2.91	$16,442
Jul 2012	0	208	85.13	3.02	$628
Jun 2012	0	312	79.82	2.52	$786
May 2012	0	188	91.61	2.49	$468
Apr 2012	0	288	101.65	2.00	$575
Mar 2012	0	377	105.05	2.22	$838
Feb 2012	173	352	101.10	2.57	$18,395
Jan 2012	0	284	98.09	2.73	$776
Dec 2011	0	327	96.87	3.24	$1,059
Nov 2011	186	332	95.72	3.31	$18,903
Oct 2011	0	399	84.98	3.65	$1,456
Sep 2011	0	332	83.62	3.99	$1,323
Aug 2011	0	432	83.40	4.15	$1,793
Jul 2011	180	694	94.14	4.52	$20,080
Jun 2011	181	707	92.90	4.64	$20,095
May 2011	0	480	98.13	4.40	$2,114
Apr 2011	0	193	105.96	4.33	$836
Mar 2011	0	360	96.36	4.06	$1,461
Feb 2011	0	116	85.64	4.18	$485
Jan 2011	0	243	86.50	4.59	$1,115
Dec 2010	0	522	85.73	4.35	$2,270
Nov 2010	0	64	80.84	3.80	$243
Oct 2010	0	299	78.10	3.51	$1,049
Sep 2010	172	471	72.63	3.98	$14,367
Aug 2010	0	540	73.68	4.42	$2,386
Jul 2010	0	527	72.55	4.74	$2,496
Jun 2010	0	324	70.36	4.91	$1,591
May 2010	0	474	71.12	4.24	$2,007
Apr 2010	0	508	81.69	4.12	$2,094
Mar 2010	0	418	78.39	4.39	$1,834
Feb 2010	179	494	73.58	5.44	$15,859
Jan 2010	0	87	74.36	5.96	$519
Dec 2009	0	378	71.44	5.48	$2,073
Nov 2009	179	602	74.59	3.75	$15,610
Oct 2009	0	414	72.54	4.11	$1,702
Sep 2009	0	433	65.54	3.06	$1,327
Aug 2009	0	195	67.42	3.22	$628
Jul 2009	176	835	61.13	3.46	$13,652
Jun 2009	0	812	66.16	3.90	$3,163
May 2009	181	831	54.74	3.93	$13,170
Apr 2009	179	777	46.77	3.59	$11,159
Mar 2009	0	819	42.14	4.06	$3,324
Feb 2009	181	703	32.81	4.63	$9,196
Jan 2009	182	787	35.86	5.37	$10,754
Dec 2008	0	733	37.10	5.98	$4,381
Nov 2008	171	716	55.49	6.86	$14,401
Oct 2008	0	835	75.24	6.92	$5,780
Sep 2008	0	579	101.76	7.88	$4,561
Aug 2008	190	784	114.22	8.48	$28,352
Jul 2008	0	839	131.08	11.39	$9,556
Jun 2008	0	782	131.33	13.03	$10,192
May 2008	173	850	123.17	11.57	$31,147
Apr 2008	0	752	110.31	10.45	$7,862
Mar 2008	0	627	101.90	9.66	$6,059
Feb 2008	0	637	92.53	8.77	$5,587
Jan 2008	179	722	90.38	8.21	$22,103
Dec 2007	0	706	88.33	7.30	$5,155
Nov 2007	0	713	91.67	7.29	$5,199
Oct 2007	176	444	82.85	6.92	$17,655
Sep 2007	0	374	75.84	6.24	$2,335
Aug 2007	0	414	69.06	6.39	$2,645
Jul 2007	0	184	70.90	6.39	$1,175
Jun 2007	179	707	62.00	7.55	$16,435
May 2007	0	783	58.74	7.85	$6,144
Apr 2007	168	751	59.61	7.81	$15,876
Mar 2007	0	750	56.92	7.30	$5,476
Feb 2007	0	696	55.10	8.22	$5,718
Jan 2007	0	788	50.30	6.73	$5,301
Dec 2006	178	803	56.65	6.92	$15,639
Nov 2006	0	647	54.20	7.62	$4,929
Oct 2006	0	633	54.90	6.01	$3,807
Sep 2006	0	705	60.08	5.04	$3,551
Aug 2006	170	799	68.71	7.34	$17,545
Jul 2006	0	792	69.37	6.34	$5,023
Jun 2006	170	711	66.28	6.38	$15,807
May 2006	0	706	66.01	6.42	$4,536
Apr 2006	0	746	64.39	7.36	$5,491
Mar 2006	0	722	56.70	7.08	$5,114
Feb 2006	198	683	57.59	7.75	$16,697
Jan 2006	0	795	60.59	8.93	$7,102
Dec 2005	0	774	54.94	13.42	$10,384
Nov 2005	174	767	54.69	10.59	$17,637
Oct 2005	0	819	58.34	13.80	$11,299
Sep 2005	0	661	61.45	12.08	$7,984
Aug 2005	178	802	61.51	9.80	$18,806
Jul 2005	0	786	55.69	7.84	$6,165
Jun 2005	0	718	52.33	7.38	$5,300
May 2005	178	703	45.22	6.65	$12,725
Apr 2005	0	675	49.20	7.36	$4,968
Mar 2005	182	696	50.37	7.15	$14,147
Feb 2005	0	633	45.22	6.31	$3,995
Jan 2005	0	705	43.16	6.32	$4,457
Dec 2004	183	696	39.86	6.75	$11,993
Nov 2004	0	671	45.28	6.33	$4,248
Oct 2004	0	712	49.70	6.52	$4,639
Sep 2004	181	786	43.24	5.28	$11,980
Aug 2004	0	326	42.37	5.55	$1,810
Jul 2004	0	433	38.28	6.08	$2,634
Jun 2004	185	404	36.10	6.43	$9,277
May 2004	0	639	37.48	6.49	$4,150
Apr 2004	0	784	34.47	5.86	$4,593
Mar 2004	181	798	34.36	5.53	$10,632
Feb 2004	0	827	32.45	5.51	$4,556
Jan 2004	184	886	32.03	6.30	$11,475
Dec 2003	0	871	30.26	6.30	$5,489
Nov 2003	0	861	28.80	4.60	$3,956
Oct 2003	179	799	28.17	4.76	$8,845
Sep 2003	0	887	26.31	4.75	$4,213
Aug 2003	179	915	29.76	5.13	$10,021
Jul 2003	0	906	29.41	5.17	$4,685
Jun 2003	0	890	28.56	5.98	$5,325
May 2003	181	916	26.59	5.97	$10,284
Apr 2003	0	877	26.67	5.41	$4,742
Mar 2003	185	889	31.14	6.10	$11,180
Feb 2003	0	803	33.48	7.93	$6,364
Jan 2003	181	739	30.31	5.58	$9,611
Dec 2002	0	541	26.91	4.85	$2,626
Nov 2002	0	539	24.66	4.14	$2,230
Oct 2002	189	685	26.46	4.23	$7,898
Sep 2002	0	844	27.44	3.64	$3,068
Aug 2002	176	811	25.96	3.16	$7,135
Jul 2002	0	839	24.58	3.06	$2,569
Jun 2002	0	879	23.73	3.34	$2,934
May 2002	181	911	24.66	3.58	$7,728
Apr 2002	0	855	23.65	3.51	$3,003
Mar 2002	184	865	22.00	3.10	$6,732
Feb 2002	0	784	18.22	2.38	$1,863
Jan 2002	174	876	17.17	2.38	$5,069
Dec 2001	0	853	16.93	2.36	$2,017
Nov 2001	174	750	18.07	2.41	$4,948
Oct 2001	0	885	19.78	2.53	$2,238
Sep 2001	179	865	24.26	2.25	$6,290
Aug 2001	0	898	24.87	3.05	$2,742
Jul 2001	176	896	23.93	3.20	$7,076
Jun 2001	0	851	24.56	3.82	$3,254
May 2001	0	815	25.52	4.31	$3,510
Apr 2001	155	850	24.68	5.34	$8,360
Mar 2001	181	866	24.54	5.38	$9,098
Feb 2001	0	785	27.75	5.77	$4,527
Jan 2001	176	859	27.47	8.40	$12,049
Dec 2000	0	859	26.88	9.12	$7,836
Nov 2000	174	822	32.21	5.66	$10,255
Oct 2000	0	884	31.23	5.15	$4,549
Sep 2000	175	854	31.87	5.19	$10,007
Aug 2000	0	896	29.64	4.54	$4,069
Jul 2000	180	919	28.53	4.09	$8,894
Jun 2000	0	877	29.30	4.40	$3,856
May 2000	0	915	27.26	3.68	$3,367
Apr 2000	184	884	24.51	3.12	$7,264
Mar 2000	178	917	28.42	2.86	$7,681
Feb 2000	0	686	27.62	2.73	$1,870
Jan 2000	0	885	25.27	2.48	$2,195
Dec 1999	186	871	24.28	2.42	$6,627
Nov 1999	0	858	23.19	2.43	$2,088
Oct 1999	177	823	20.98	2.80	$6,021
Sep 1999	0	847	21.75	2.62	$2,218
Aug 1999	188	796	19.26	2.88	$5,910
Jul 1999	173	827	17.89	2.37	$5,057
Jun 1999	0	898	15.94	2.36	$2,121
May 1999	0	885	15.79	2.32	$2,054
Apr 1999	171	887	15.10	2.21	$4,541
Mar 1999	0	894	12.47	1.84	$1,643
Feb 1999	173	825	9.98	1.82	$3,226
Jan 1999	169	897	10.38	1.90	$3,458
Dec 1998	0	674	9.20	1.77	$1,195
Nov 1998	172	824	10.89	2.19	$3,674
Oct 1998	169	825	12.42	1.97	$3,724
Sep 1998	0	827	12.59	2.08	$1,722
Aug 1998	0	848	11.30	1.91	$1,617
Jul 1998	174	870	11.74	2.24	$3,989
Jun 1998	0	776	11.24	2.24	$1,736
May 1998	176	845	12.62	2.21	$4,085
Apr 1998	0	886	13.04	2.51	$2,220
Mar 1998	353	754	12.80	2.31	$6,260
Feb 1998	0	754	13.95	2.30	$1,734
Jan 1998	0	869	14.70	2.15	$1,873
Dec 1997	176	938	16.32	2.41	$5,134
Nov 1997	0	870	18.19	3.09	$2,687
Oct 1997	0	558	19.25	3.15	$1,758
Sep 1997	176	719	17.74	2.95	$5,247
Aug 1997	0	720	17.86	2.55	$1,839
Jul 1997	175	758	17.58	2.25	$4,780
Jun 1997	0	811	17.24	2.26	$1,831
May 1997	169	890	18.97	2.31	$5,261
Apr 1997	172	759	17.88	2.08	$4,656
Mar 1997	0	874	18.95	1.94	$1,695
Feb 1997	182	783	20.49	2.21	$5,456
Jan 1997	0	729	23.48	3.54	$2,580
Dec 1996	171	882	23.32	—	$3,988
Nov 1996	171	874	21.97	—	$3,757
Oct 1996	0	912	23.31	—	$0
Sep 1996	168	875	22.22	—	$3,733
Aug 1996	0	855	20.26	—	$0
Jul 1996	175	764	19.55	—	$3,421
Jun 1996	172	899	18.73	—	$3,222
May 1996	170	886	19.43	—	$3,303
Apr 1996	0	608	21.51	—	$0
Mar 1996	173	94	19.38	—	$3,353
Feb 1996	0	827	16.98	—	$0
Jan 1996	173	883	17.07	—	$2,953
Dec 1995	173	901	17.19	—	$2,974
Nov 1995	175	835	16.00	—	$2,800
Oct 1995	0	752	15.43	—	$0
Sep 1995	169	787	16.18	—	$2,734
Aug 1995	0	717	15.92	—	$0
Jul 1995	169	722	15.24	—	$2,576
Jun 1995	169	817	16.41	—	$2,773
May 1995	0	849	17.56	—	$0
Apr 1995	170	865	17.73	—	$3,014
Mar 1995	169	865	16.44	—	$2,778
Feb 1995	507	770	16.58	—	$8,406
Jan 1995	0	831	15.92	—	$0
Dec 1994	0	865	15.03	—	$0
Nov 1994	0	874	15.90	—	$0
Oct 1994	173	1,093	15.58	—	$2,695
Sep 1994	166	1,477	15.29	—	$2,538
Aug 1994	173	1,868	16.13	—	$2,790
Jul 1994	171	2,110	17.56	—	$3,003
Jun 1994	167	1,954	17.09	—	$2,854
May 1994	336	1,562	15.88	—	$5,336
Apr 1994	169	1,675	14.14	—	$2,390
Mar 1994	169	1,716	12.46	—	$2,106
Feb 1994	171	1,551	12.50	—	$2,138
Jan 1994	336	1,705	12.66	—	$4,254
Dec 1993	172	1,722	12.33	—	$2,121
Nov 1993	171	1,669	14.49	—	$2,478
Oct 1993	169	1,755	15.85	—	$2,679
Sep 1993	333	1,622	15.03	—	$5,005
Aug 1993	340	1,705	15.66	—	$5,324
Jul 1993	172	1,703	15.46	—	$2,659
Jun 1993	166	1,723	16.79	—	$2,787
May 1993	169	1,711	17.68	—	$2,988
Apr 1993	335	1,619	18.05	—	$6,047
Mar 1993	173	1,616	18.14	—	$3,138
Feb 1993	342	1,468	17.90	—	$6,122
Jan 1993	175	1,612	16.93	—	$2,963

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.

Nov 2013 — as filed, then multipliedworked

Oil                    0 bbl  × $ 88.85 =         $0
Casinghead gas         8 Mcf  × $  3.74 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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/O/10108 is the state's own key, not one this site invented.