UNIVERSITY "49-2"

Operated by LAST DOLLAR LLC (P-5 487693) in the PRICE (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10772District 7CField 73085500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 67 leases and 331 wells, and the rule below applies to all of them.

Discovered
1953-08-25
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 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: OPTIONAL 20 ACRE UNITS-W/1500' MAX DIAG.

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
NGPA2none

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
OilDisposition21,375 bbl$943,172
Casinghead gasProduction34,880 Mcf$94,900
Total$1,038,073

13,179 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 31.1320, -101.4073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.13202, -101.40726 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
2,600 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 2,600 and 2,600 ft, median 2,600 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1984
2 of 2 wells

2 wells

42-3833301622,600 ftJun 1984
42-3833301412,600 ftJun 1984

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026168063.503.75$10,668
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025127059.383.30$7,541
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025154066.483.13$10,238
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024170069.052.20$11,739
Oct 20240071.372.28$0
Sep 2024171069.612.36$11,903
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024165084.451.66$13,934
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024172073.023.30$12,559
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023172089.042.74$15,315
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023152070.622.23$10,734
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022171076.415.73$13,066
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022172084.888.16$14,599
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221680104.226.84$17,509
Mar 20221760108.885.08$19,163
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021100066.024.22$6,602
Jul 20210070.783.98$0
Jun 2021164069.493.38$11,396
May 2021172063.483.02$10,919
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020173049.881.98$8,629
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019169052.782.49$8,920
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20191050.852.79$51
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018136052.934.24$7,198
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018158059.403.07$9,385
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017153043.873.09$6,712
Jun 20170042.493.09$0
May 2017132045.373.26$5,989
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016166041.442.92$6,879
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015156042.992.76$6,706
Aug 20150040.162.87$0
Jul 20151048.152.95$48
Jun 20151056.152.88$56
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015183042.892.93$7,849
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014166078.303.90$12,998
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20141096.564.18$97
Jun 2014157098.164.74$15,411
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014171097.406.19$16,655
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131650104.113.72$17,178
Aug 201330104.253.52$313
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013170094.834.15$16,121
Apr 2013010993.964.28$467
Mar 201304093.623.91$157
Feb 2013010991.233.42$373
Jan 201316912791.603.42$15,915
Dec 2012010386.773.42$352
Nov 201226686.953.62$413
Oct 20121089.383.40$89
Sep 2012171094.672.92$16,189
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012173091.612.49$15,849
Apr 201210101.652.00$102
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012185098.092.73$18,147
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011171083.404.15$14,261
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111680105.964.33$17,801
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011175086.504.59$15,138
Dec 201002585.734.35$109
Nov 201001480.843.80$53
Oct 2010170978.103.51$13,309
Sep 20100872.633.98$32
Aug 20100973.684.42$40
Jul 201004272.554.74$199
Jun 20101721770.364.91$12,185
May 201009671.124.24$407
Apr 2010010581.694.12$433
Mar 2010011878.394.39$518
Feb 20100073.585.44$0
Jan 201017616174.365.96$14,048
Dec 2009016071.445.48$877
Nov 2009016274.593.75$608
Oct 2009016672.544.11$682
Sep 20091588165.543.06$10,604
Aug 200907767.423.22$248
Jul 2009015361.133.46$530
Jun 200902166.163.90$82
May 2009174654.743.93$9,548
Apr 2009013546.773.59$484
Mar 2009013642.144.06$552
Feb 200917411832.814.63$6,256
Jan 2009012635.865.37$677
Dec 2008011637.105.98$693
Nov 2008012555.496.86$858
Oct 20081742675.246.92$13,272
Sep 2008089101.767.88$701
Aug 20080114114.228.48$967
Jul 20080104131.0811.39$1,185
Jun 20081750131.3313.03$22,983
May 200801123.1711.57$12
Apr 20080115110.3110.45$1,202
Mar 2008169116101.909.66$18,342
Feb 2008012392.538.77$1,079
Jan 2008014790.388.21$1,206
Dec 200716912888.337.30$15,862
Nov 2007013191.677.29$955
Oct 2007013582.856.92$934
Sep 20071728875.846.24$13,594
Aug 2007011369.066.39$722
Jul 2007016770.906.39$1,067
Jun 200716411262.007.55$11,013
May 2007012758.747.85$996
Apr 2007014459.617.81$1,124
Mar 200716813356.927.30$10,534
Feb 2007011255.108.22$920
Jan 2007112850.306.73$911
Dec 200617517256.656.92$11,104
Nov 2006019154.207.62$1,455
Oct 200617515754.906.01$10,552
Sep 2006016360.085.04$821
Aug 2006118068.717.34$1,390
Jul 200618118169.376.34$13,704
Jun 2006014766.286.38$938
May 2006018966.016.42$1,214
Apr 20061725764.397.36$11,495
Mar 20060056.707.08$0
Feb 20061057.597.75$58
Jan 2006174060.598.93$10,543
Dec 200502554.9413.42$335
Nov 200501454.6910.59$148
Oct 200502958.3413.80$400
Sep 20051603261.4512.08$10,219
Aug 200503461.519.80$333
Jul 20051773655.697.84$10,140
Jun 200503152.337.38$229
May 200502045.226.65$133
Apr 200511949.207.36$189
Mar 200506350.377.15$451
Feb 20051815845.226.31$8,551
Jan 200508643.166.32$544
Dec 20041786639.866.75$7,541
Nov 200405945.286.33$373
Oct 200406749.706.52$437
Sep 20041765543.245.28$7,901
Aug 200403442.375.55$189
Jul 200405138.286.08$310
Jun 20041702736.106.43$6,311
May 200402237.486.49$143
Apr 200403534.475.86$205
Mar 200405334.365.53$293
Feb 200417712632.455.51$6,438
Jan 200405732.036.30$359
Dec 200317913530.266.30$6,267
Nov 200303628.804.60$165
Oct 200306128.174.76$290
Sep 200302026.314.75$95
Aug 200317415929.765.13$5,994
Jul 200307629.415.17$393
Jun 200306228.565.98$371
May 20031815326.595.97$5,129
Apr 200304826.675.41$260
Mar 200313731.146.10$257
Feb 200318022733.487.93$7,826
Jan 2003010530.315.58$586
Dec 2002013726.914.85$665
Nov 200218119524.664.14$5,270
Oct 2002015726.464.23$664
Sep 2002029627.443.64$1,076
Aug 200217511325.963.16$4,901
Jul 2002017524.583.06$536
Jun 2002018623.733.34$621
May 2002015924.663.58$570
Apr 200217812623.653.51$4,652
Mar 2002017622.003.10$546
Feb 200218110718.222.38$3,552
Jan 2002030717.172.38$729
Dec 2001017816.932.36$421
Nov 200117821218.072.41$3,726
Oct 2001023319.782.53$589
Sep 2001222924.262.25$564
Aug 200116830724.873.05$5,115
Jul 2001032023.933.20$1,023
Jun 2001030224.563.82$1,155
May 200117217025.524.31$5,122
Apr 2001115024.685.34$825
Mar 200109124.545.38$489
Feb 200118311927.755.77$5,765
Jan 2001019627.478.40$1,646
Dec 200017712126.889.12$5,862
Nov 2000019832.215.66$1,120
Oct 2000018531.235.15$952
Sep 200014021131.875.19$5,556
Aug 200017920729.644.54$6,246
Jul 2000021728.534.09$887
Jun 2000017529.304.40$770
May 200017121727.263.68$5,460
Apr 2000018024.513.12$561
Mar 2000017528.422.86$500
Feb 20001816327.622.73$5,171
Jan 2000011825.272.48$293
Dec 1999018124.282.42$439
Nov 199915219823.192.43$4,007
Oct 1999017620.982.80$493
Sep 199916815021.752.62$4,047
Aug 1999013819.262.88$397
Jul 199915211517.892.37$2,992
Jun 199908915.942.36$210
May 19991537815.792.32$2,597
Apr 1999010315.102.21$227
Mar 19991548912.471.84$2,084
Feb 19990489.981.82$87
Jan 199915610310.381.90$1,815
Dec 1998009.201.77$0
Nov 199816720510.892.19$2,267
Oct 1998020912.421.97$412
Sep 199816919912.592.08$2,542
Aug 1998024211.301.91$462
Jul 199816419811.742.24$2,368
Jun 1998021211.242.24$474
May 199817624112.622.21$2,753
Apr 1998024513.042.51$614
Mar 199817525912.802.31$2,838
Feb 1998018313.952.30$421
Jan 199818025414.702.15$3,193
Dec 1997016716.322.41$403
Nov 199718323118.193.09$4,042
Oct 1997028219.253.15$888
Sep 199717923617.742.95$3,873
Aug 1997022417.862.55$572
Jul 199717319417.582.25$3,477
Jun 1997011417.242.26$257
May 1997014018.972.31$323
Apr 199717227817.882.08$3,654
Mar 1997026118.951.94$506
Feb 199717217220.492.21$3,904
Jan 1997013123.483.54$464
Dec 199617122523.32$3,988
Nov 1996024821.97$0
Oct 199617817123.31$4,149
Sep 1996017122.22$0
Aug 199618010920.26$3,647
Jul 1996016519.55$0
Jun 199618122618.73$3,390
May 1996020919.43$0
Apr 199617622921.51$3,786
Mar 1996121619.38$19
Feb 199616218216.98$2,751
Jan 1996018717.07$0
Dec 199517417817.19$2,991
Nov 1995017216.00$0
Oct 199517517415.43$2,700
Sep 1995016716.18$0
Aug 199518125415.92$2,882
Jul 1995025015.24$0
Jun 199516523516.41$2,708
May 1995019517.56$0
Apr 199515524017.73$2,748
Mar 199516919616.44$2,778
Feb 1995016716.58$0
Jan 199517622515.92$2,802
Dec 1994023615.03$0
Nov 199416720115.90$2,655
Oct 199416726615.58$2,602
Sep 1994024615.29$0
Aug 199416129616.13$2,597
Jul 199414830117.56$2,599
Jun 1994030417.09$0
May 199414334015.88$2,271
Apr 199416531814.14$2,333
Mar 199417542712.46$2,181
Feb 199417435912.50$2,175
Jan 1994030612.66$0
Dec 199316530312.33$2,034
Nov 1993032014.49$0
Oct 199315042915.85$2,378
Sep 199316632615.03$2,495
Aug 199315474915.66$2,412
Jul 199315654515.46$2,412
Jun 199315834216.79$2,653
May 1993039717.68$0
Apr 199317235118.05$3,105
Mar 199317134818.14$3,102
Feb 199317233717.90$3,079
Jan 199317334116.93$2,929

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.

Feb 2026 — as filed, then multipliedworked
Oil                  168 bbl  × $ 63.50 =    $10,668
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $10,668

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/10772 is the state's own key, not one this site invented.