UNIVERSITY "48-5"

Operated by DIGITAL OPERATING COMPANY LLC (P-5 218314) 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 11368District 7CField 73085500OilCasinghead gasSave
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition35,113 bbl$1,374,364
Casinghead gasProduction50,133 Mcf$147,857
Total$1,522,221

15,840 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 (3)

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 31.1399, -101.3822. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.14015, -101.38228 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
2,700 ft
3 wells filed one
Completion to plug
32.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 2,700 and 2,701 ft, median 2,700 ft, over the 3 wells that filed a depth.

Completions filed
May 1985 – Mar 1986
3 of 3 wells
Plug dates filed
Feb 2015 – Jun 2020
2 of 3 wells; 1 filed none

Last completion to plug: a median of 32.0 years across the 2 wells that filed both dates, with the middle half between 30.9 years and 33.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-383337073X2,700 ftMar 1986Jun 2020Yes
42-3833338222,701 ftJun 1985
42-3833338412,700 ftMay 1985Feb 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 (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 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025010058.593.93$393
Oct 2025010059.383.30$330
Sep 2025010062.743.08$308
Aug 2025010463.933.01$314
Jul 202501766.743.32$56
Jun 20250266.483.13$6
May 20250460.553.23$13
Apr 20250562.363.54$18
Mar 20250567.704.27$21
Feb 20250570.884.34$22
Jan 20250574.324.28$21
Dec 20240568.993.12$16
Nov 20240569.052.20$11
Oct 20240571.372.28$11
Sep 20240569.612.36$12
Aug 20240575.632.06$10
Jul 20240579.932.15$11
Jun 20240578.082.63$13
May 20240578.812.20$11
Apr 20240484.451.66$7
Mar 20240380.301.55$5
Feb 20240376.091.78$5
Jan 20240373.023.30$10
Dec 20230371.262.61$8
Nov 202354377.892.81$4,214
Oct 20230285.443.09$6
Sep 20230189.042.74$3
Aug 20230180.522.67$3
Jul 20230174.852.64$3
Jun 20230168.962.26$2
May 20230170.622.23$2
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230175.112.47$2
Jan 20230176.533.39$3
Dec 20220176.415.73$6
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202202108.885.08$10
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 2021156069.865.35$10,898
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
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 20200049.881.98$0
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 20191052.782.49$53
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
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 20170043.873.09$0
Jun 2017169042.493.09$7,181
May 20170045.373.26$0
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 2016159041.553.10$6,606
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016166042.521.99$7,058
Apr 20160036.561.99$0
Mar 20160633.011.79$11
Feb 20160026.472.06$0
Jan 2016180727.352.36$4,940
Dec 201501532.362.00$30
Nov 201503238.792.17$69
Oct 20151663043.552.43$7,302
Sep 201503542.992.76$97
Aug 201504940.162.87$141
Jul 2015175748.152.95$8,447
Jun 201502556.152.88$72
May 201503255.212.96$95
Apr 20151702849.822.71$8,545
Mar 201501042.892.93$29
Feb 20150844.662.98$24
Jan 2015181543.433.10$7,876
Dec 201401154.693.59$40
Nov 201401370.464.25$55
Oct 20141642478.303.90$12,935
Sep 201403086.164.05$121
Aug 2014018289.394.04$734
Jul 201417214996.564.18$17,231
Jun 2014014198.164.74$668
May 201409694.734.73$454
Apr 20141654695.944.81$16,051
Mar 201407695.895.06$384
Feb 201417410497.406.19$17,592
Jan 2014013290.404.86$642
Dec 2013011091.824.35$479
Nov 201317112788.853.74$15,668
Oct 2013011497.423.78$431
Sep 201317564104.113.72$18,457
Aug 2013054104.253.52$190
Jul 2013090102.523.72$335
Jun 201316717694.403.93$16,457
May 201308094.834.15$332
Apr 20131755293.964.28$16,666
Mar 2013010393.623.91$403
Feb 20131741391.233.42$15,918
Jan 201302291.603.42$75
Dec 20121723086.773.42$15,027
Nov 2012031486.953.62$1,138
Oct 201217624689.383.40$16,567
Sep 201207394.672.92$213
Aug 201208192.662.91$236
Jul 20121685485.133.02$14,465
Jun 201203979.822.52$98
May 20121653691.612.49$15,205
Apr 2012056101.652.00$112
Mar 201217975105.052.22$18,971
Feb 2012095101.102.57$244
Jan 20121738698.092.73$17,205
Dec 201109296.873.24$298
Nov 201103695.723.31$119
Oct 2011166084.983.65$14,107
Sep 20110083.623.99$0
Aug 2011172083.404.15$14,345
Jul 20110494.144.52$18
Jun 20111742392.904.64$16,271
May 201104098.134.40$176
Apr 201116838105.964.33$17,966
Mar 201106396.364.06$256
Feb 20111685185.644.18$14,601
Jan 201107686.504.59$349
Dec 20101736485.734.35$15,110
Nov 201005380.843.80$201
Oct 20101682778.103.51$13,216
Sep 20101602872.633.98$11,732
Aug 201001273.684.42$53
Jul 20101731272.554.74$12,608
Jun 201001270.364.91$59
May 2010157071.124.24$11,166
Apr 201001581.694.12$62
Mar 2010175078.394.39$13,718
Feb 2010174073.585.44$12,803
Jan 20100074.365.96$0
Dec 2009162071.445.48$11,573
Nov 2009168074.593.75$12,531
Oct 20090072.544.11$0
Sep 2009163065.543.06$10,683
Aug 200901667.423.22$52
Jul 2009171661.133.46$10,474
Jun 20090766.163.90$27
May 20091721054.743.93$9,455
Apr 2009165546.773.59$7,735
Mar 20090342.144.06$12
Feb 2009176532.814.63$5,798
Jan 20090435.865.37$21
Dec 2008175037.105.98$6,493
Nov 2008170055.496.86$9,433
Oct 20080075.246.92$0
Sep 20081690101.767.88$17,197
Aug 20081620114.228.48$18,504
Jul 200801131.0811.39$11
Jun 20081692131.3313.03$22,221
May 20081720123.1711.57$21,185
Apr 20081740110.3110.45$19,194
Mar 200801101.909.66$10
Feb 20081757992.538.77$16,886
Jan 200805390.388.21$435
Dec 200716116488.337.30$15,419
Nov 200705391.677.29$386
Oct 200715312882.856.92$13,562
Sep 20071686975.846.24$13,172
Aug 2007021869.066.39$1,393
Jul 200716922370.906.39$13,407
Jun 20071698762.007.55$11,135
May 2007019958.747.85$1,561
Apr 200716725459.617.81$11,937
Mar 2007020156.927.30$1,468
Feb 200716420955.108.22$10,754
Jan 2007019750.306.73$1,325
Dec 200615615256.656.92$9,889
Nov 200615819954.207.62$10,079
Oct 2006017254.906.01$1,034
Sep 200616614460.085.04$10,699
Aug 2006029368.717.34$2,151
Jul 200616124069.376.34$12,691
Jun 200616617166.286.38$12,094
May 200616119466.016.42$11,874
Apr 200616110164.397.36$11,110
Mar 2006010556.707.08$744
Feb 200615614457.597.75$10,100
Jan 20061709560.598.93$11,149
Dec 2005020254.9413.42$2,710
Nov 200516416954.6910.59$10,759
Oct 200507958.3413.80$1,090
Sep 200516012261.4512.08$11,306
Aug 20051598561.519.80$10,613
Jul 2005019155.697.84$1,498
Jun 200518218052.337.38$10,853
May 2005027845.226.65$1,849
Apr 200517620149.207.36$10,139
Mar 200517620050.377.15$10,296
Feb 2005017445.226.31$1,098
Jan 200518512543.166.32$8,775
Dec 200417313239.866.75$7,787
Nov 2004020645.286.33$1,304
Oct 200418139249.706.52$11,550
Sep 200417636443.245.28$9,534
Aug 2004022242.375.55$1,232
Jul 200417511338.286.08$7,387
Jun 200416312736.106.43$6,701
May 2004017037.486.49$1,104
Apr 200417811934.475.86$6,833
Mar 200418012034.365.53$6,848
Feb 2004012332.455.51$678
Jan 200417926032.036.30$7,371
Dec 20031739230.266.30$5,815
Nov 200307028.804.60$322
Oct 200317621928.174.76$6,000
Sep 200317619126.314.75$5,538
Aug 2003019129.765.13$980
Jul 200318116929.415.17$6,197
Jun 200317914128.565.98$5,956
May 2003020826.595.97$1,242
Apr 200317918626.675.41$5,780
Mar 200317114931.146.10$6,233
Feb 2003011433.487.93$904
Jan 200316817130.315.58$6,047
Dec 200217124926.914.85$5,810
Nov 2002023124.664.14$956
Oct 200217628526.464.23$5,862
Sep 200215733227.443.64$5,515
Aug 200215530725.963.16$4,995
Jul 2002029624.583.06$906
Jun 200217221323.733.34$4,793
May 200215525024.663.58$4,718
Apr 200213921523.653.51$4,043
Mar 2002016822.003.10$521
Feb 200217118918.222.38$3,565
Jan 200217323117.172.38$3,519
Dec 200117323316.932.36$3,480
Nov 2001017918.072.41$431
Oct 200116912519.782.53$3,659
Sep 20011758424.262.25$4,435
Aug 2001017324.873.05$528
Jul 200116916123.933.20$4,559
Jun 200118055724.563.82$6,551
May 200117418225.524.31$5,224
Apr 2001019824.685.34$1,056
Mar 200113721024.545.38$4,491
Feb 200115517927.755.77$5,334
Jan 200117024427.478.40$6,719
Dec 200016519826.889.12$6,241
Nov 200016618132.215.66$6,371
Oct 200018315731.235.15$6,523
Sep 2000018231.875.19$944
Aug 200017019329.644.54$5,915
Jul 200017431328.534.09$6,244
Jun 200015327629.304.40$5,697
May 200016819827.263.68$5,308
Apr 200016524124.513.12$4,795
Mar 2000024928.422.86$712
Feb 200015618627.622.73$4,816
Jan 200016738925.272.48$5,185
Dec 199918229924.282.42$5,144
Nov 199916430023.192.43$4,533
Oct 199916023120.982.80$4,004
Sep 199917933221.752.62$4,763
Aug 1999034519.262.88$992
Jul 199914035717.892.37$3,352
Jun 199915520315.942.36$2,950
May 199917428915.792.32$3,418
Apr 199916523015.102.21$2,999
Mar 199916519512.471.84$2,416
Feb 1999153759.981.82$1,663
Jan 199906410.381.90$122
Dec 19981332389.201.77$1,646
Nov 199815033110.892.19$2,357
Oct 199814032612.421.97$2,381
Sep 199815620012.592.08$2,381
Aug 199815138211.301.91$2,435
Jul 199813644811.742.24$2,599
Jun 199814539811.242.24$2,520
May 199815540312.622.21$2,845
Apr 199815738413.042.51$3,009
Mar 199816229712.802.31$2,760
Feb 199815928013.952.30$2,862
Jan 199815731514.702.15$2,987
Dec 199732426816.322.41$5,934
Nov 1997032518.193.09$1,004
Oct 199727440319.253.15$6,544
Sep 199714935917.742.95$3,704
Aug 199715343617.862.55$3,846
Jul 199716728317.582.25$3,572
Jun 199716219317.242.26$3,229
May 199716826518.972.31$3,799
Apr 199715039417.882.08$3,503
Mar 199716235018.951.94$3,749
Feb 199716436020.492.21$4,154
Jan 199715837523.483.54$5,037
Dec 199615127623.32$3,521
Nov 199615429121.97$3,383
Oct 199614621923.31$3,403
Sep 199615931722.22$3,533
Aug 199616632120.26$3,363
Jul 199632344019.55$6,315
Jun 199615541718.73$2,903
May 199615848319.43$3,070
Apr 199616833821.51$3,614
Mar 199616528119.38$3,198
Feb 1996032616.98$0
Jan 199615335217.07$2,612
Dec 199528045417.19$4,813
Nov 199515833616.00$2,528
Oct 199515946615.43$2,453
Sep 199516639216.18$2,686
Aug 199515426915.92$2,452
Jul 199533243915.24$5,060
Jun 199516844316.41$2,757
May 199516240217.56$2,845
Apr 199515044517.73$2,660
Mar 199527741016.44$4,554
Feb 199515537716.58$2,570
Jan 199531844215.92$5,063
Dec 199416648215.03$2,495
Nov 199435044915.90$5,565
Oct 199411340815.58$1,761
Sep 199430837415.29$4,709
Aug 199417328616.13$2,790
Jul 1994134617.56$18
Jun 199416941117.09$2,888
May 199417647715.88$2,795
Apr 199436241914.14$5,119
Mar 199416137112.46$2,006
Feb 199417738812.50$2,213
Jan 199433040012.66$4,178
Dec 199332944112.33$4,057
Nov 199316933514.49$2,449
Oct 199316531615.85$2,615
Sep 199329723215.03$4,464
Aug 1993305115.66$4,776
Jul 1993321115.46$4,963
Jun 1993180116.79$3,022
May 1993148117.68$2,617
Apr 1993186118.05$3,357
Mar 1993341118.14$6,186
Feb 1993189117.90$3,383
Jan 199317976216.93$3,030

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 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 58.59 =         $0
Casinghead gas       100 Mcf  × $  3.93 =       $393

────────────────────────────────────────────────────
Month total                                     $393

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/11368 is the state's own key, not one this site invented.