UNIVERSITY 12-21

Name: UNIVERSITY 12-21 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by THOMPSON, J. CLEO (P-5 855610) 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 11525District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$594 k

Jan 1993 – Oct 2008

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

190

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	1	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	20,676 bbl	$593,962
Casinghead gas	Production	3,438 Mcf	$170
Total			$594,132

3,376 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 31.0814, -101.5210. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08137, -101.52103 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,996 ft

1 wells filed one

Completion to plug

23.0 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 6,996 ft.

Completions filed

Aug 1985

1 of 1 wells

Plug dates filed

Aug 2008

1 of 1 wells

Last completion to plug: a median of 23.0 years across the 1 well that filed both dates, with the middle half between 23.0 years and 23.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38333526	1	6,996 ft	Aug 1985	Aug 2008	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 (190)

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

190 months


Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	49	0	114.22	8.48	$5,597
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	5	0	90.38	8.21	$452
Dec 2007	103	0	88.33	7.30	$9,098
Nov 2007	2	0	91.67	7.29	$183
Oct 2007	1	0	82.85	6.92	$83
Sep 2007	30	0	75.84	6.24	$2,275
Aug 2007	32	0	69.06	6.39	$2,210
Jul 2007	5	0	70.90	6.39	$355
Jun 2007	105	0	62.00	7.55	$6,510
May 2007	124	0	58.74	7.85	$7,284
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	1	0	56.92	7.30	$57
Feb 2007	7	0	55.10	8.22	$386
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	131	0	54.20	7.62	$7,100
Oct 2006	143	0	54.90	6.01	$7,851
Sep 2006	126	0	60.08	5.04	$7,570
Aug 2006	127	0	68.71	7.34	$8,726
Jul 2006	113	0	69.37	6.34	$7,839
Jun 2006	1	0	66.28	6.38	$66
May 2006	116	0	66.01	6.42	$7,657
Apr 2006	120	0	64.39	7.36	$7,727
Mar 2006	107	0	56.70	7.08	$6,067
Feb 2006	104	0	57.59	7.75	$5,989
Jan 2006	124	0	60.59	8.93	$7,513
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	129	0	54.69	10.59	$7,055
Oct 2005	120	0	58.34	13.80	$7,001
Sep 2005	123	0	61.45	12.08	$7,558
Aug 2005	121	0	61.51	9.80	$7,443
Jul 2005	139	0	55.69	7.84	$7,741
Jun 2005	134	0	52.33	7.38	$7,012
May 2005	135	0	45.22	6.65	$6,105
Apr 2005	136	0	49.20	7.36	$6,691
Mar 2005	136	0	50.37	7.15	$6,850
Feb 2005	136	0	45.22	6.31	$6,150
Jan 2005	266	0	43.16	6.32	$11,481
Dec 2004	262	0	39.86	6.75	$10,443
Nov 2004	131	0	45.28	6.33	$5,932
Oct 2004	132	0	49.70	6.52	$6,560
Sep 2004	121	0	43.24	5.28	$5,232
Aug 2004	127	0	42.37	5.55	$5,381
Jul 2004	134	0	38.28	6.08	$5,130
Jun 2004	143	0	36.10	6.43	$5,162
May 2004	120	0	37.48	6.49	$4,498
Apr 2004	260	0	34.47	5.86	$8,962
Mar 2004	132	0	34.36	5.53	$4,536
Feb 2004	136	0	32.45	5.51	$4,413
Jan 2004	135	0	32.03	6.30	$4,324
Dec 2003	132	0	30.26	6.30	$3,994
Nov 2003	136	0	28.80	4.60	$3,917
Oct 2003	133	0	28.17	4.76	$3,747
Sep 2003	135	0	26.31	4.75	$3,552
Aug 2003	131	0	29.76	5.13	$3,899
Jul 2003	146	0	29.41	5.17	$4,294
Jun 2003	246	0	28.56	5.98	$7,026
May 2003	129	0	26.59	5.97	$3,430
Apr 2003	141	0	26.67	5.41	$3,760
Mar 2003	138	0	31.14	6.10	$4,297
Feb 2003	271	0	33.48	7.93	$9,073
Jan 2003	143	0	30.31	5.58	$4,334
Dec 2002	127	0	26.91	4.85	$3,418
Nov 2002	119	0	24.66	4.14	$2,935
Oct 2002	129	0	26.46	4.23	$3,413
Sep 2002	127	0	27.44	3.64	$3,485
Aug 2002	250	0	25.96	3.16	$6,490
Jul 2002	137	0	24.58	3.06	$3,367
Jun 2002	127	0	23.73	3.34	$3,014
May 2002	262	0	24.66	3.58	$6,461
Apr 2002	126	0	23.65	3.51	$2,980
Mar 2002	129	0	22.00	3.10	$2,838
Feb 2002	133	0	18.22	2.38	$2,423
Jan 2002	136	0	17.17	2.38	$2,335
Dec 2001	262	0	16.93	2.36	$4,436
Nov 2001	130	0	18.07	2.41	$2,349
Oct 2001	132	0	19.78	2.53	$2,611
Sep 2001	259	0	24.26	2.25	$6,283
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	144	0	23.93	3.20	$3,446
Jun 2001	222	0	24.56	3.82	$5,452
May 2001	79	0	25.52	4.31	$2,016
Apr 2001	231	0	24.68	5.34	$5,701
Mar 2001	122	0	24.54	5.38	$2,994
Feb 2001	123	0	27.75	5.77	$3,413
Jan 2001	130	0	27.47	8.40	$3,571
Dec 2000	249	0	26.88	9.12	$6,693
Nov 2000	128	0	32.21	5.66	$4,123
Oct 2000	122	0	31.23	5.15	$3,810
Sep 2000	249	0	31.87	5.19	$7,936
Aug 2000	124	0	29.64	4.54	$3,675
Jul 2000	117	0	28.53	4.09	$3,338
Jun 2000	62	0	29.30	4.40	$1,817
May 2000	232	0	27.26	3.68	$6,324
Apr 2000	217	0	24.51	3.12	$5,319
Mar 2000	357	0	28.42	2.86	$10,146
Feb 2000	115	0	27.62	2.73	$3,176
Jan 2000	122	0	25.27	2.48	$3,083
Dec 1999	114	0	24.28	2.42	$2,768
Nov 1999	236	0	23.19	2.43	$5,473
Oct 1999	116	0	20.98	2.80	$2,434
Sep 1999	123	0	21.75	2.62	$2,675
Aug 1999	231	0	19.26	2.88	$4,449
Jul 1999	121	0	17.89	2.37	$2,165
Jun 1999	86	0	15.94	2.36	$1,371
May 1999	179	0	15.79	2.32	$2,826
Apr 1999	83	0	15.10	2.21	$1,253
Mar 1999	254	0	12.47	1.84	$3,167
Feb 1999	217	0	9.98	1.82	$2,166
Jan 1999	3	0	10.38	1.90	$31
Dec 1998	105	0	9.20	1.77	$966
Nov 1998	3	0	10.89	2.19	$33
Oct 1998	104	0	12.42	1.97	$1,292
Sep 1998	104	0	12.59	2.08	$1,309
Aug 1998	57	0	11.30	1.91	$644
Jul 1998	54	0	11.74	2.24	$634
Jun 1998	0	0	11.24	2.24	$0
May 1998	58	0	12.62	2.21	$732
Apr 1998	26	0	13.04	2.51	$339
Mar 1998	43	0	12.80	2.31	$550
Feb 1998	41	0	13.95	2.30	$572
Jan 1998	25	0	14.70	2.15	$368
Dec 1997	23	0	16.32	2.41	$375
Nov 1997	22	3	18.19	3.09	$409
Oct 1997	21	12	19.25	3.15	$442
Sep 1997	40	6	17.74	2.95	$727
Aug 1997	22	2	17.86	2.55	$398
Jul 1997	89	0	17.58	2.25	$1,565
Jun 1997	2	10	17.24	2.26	$57
May 1997	58	0	18.97	2.31	$1,100
Apr 1997	59	0	17.88	2.08	$1,055
Mar 1997	63	5	18.95	1.94	$1,204
Feb 1997	112	13	20.49	2.21	$2,324
Jan 1997	93	11	23.48	3.54	$2,223
Dec 1996	28	20	23.32	—	$653
Nov 1996	118	13	21.97	—	$2,592
Oct 1996	86	28	23.31	—	$2,005
Sep 1996	97	15	22.22	—	$2,155
Aug 1996	55	21	20.26	—	$1,114
Jul 1996	91	48	19.55	—	$1,779
Jun 1996	52	55	18.73	—	$974
May 1996	53	54	19.43	—	$1,030
Apr 1996	52	41	21.51	—	$1,119
Mar 1996	114	52	19.38	—	$2,209
Feb 1996	86	50	16.98	—	$1,460
Jan 1996	107	35	17.07	—	$1,826
Dec 1995	70	51	17.19	—	$1,203
Nov 1995	72	45	16.00	—	$1,152
Oct 1995	70	71	15.43	—	$1,080
Sep 1995	102	71	16.18	—	$1,650
Aug 1995	137	66	15.92	—	$2,181
Jul 1995	110	51	15.24	—	$1,676
Jun 1995	92	218	16.41	—	$1,510
May 1995	61	30	17.56	—	$1,071
Apr 1995	150	65	17.73	—	$2,660
Mar 1995	80	66	16.44	—	$1,315
Feb 1995	116	41	16.58	—	$1,923
Jan 1995	78	33	15.92	—	$1,242
Dec 1994	118	55	15.03	—	$1,774
Nov 1994	147	67	15.90	—	$2,337
Oct 1994	89	68	15.58	—	$1,387
Sep 1994	119	65	15.29	—	$1,820
Aug 1994	113	74	16.13	—	$1,823
Jul 1994	86	57	17.56	—	$1,510
Jun 1994	112	88	17.09	—	$1,914
May 1994	170	92	15.88	—	$2,700
Apr 1994	63	81	14.14	—	$891
Mar 1994	85	69	12.46	—	$1,059
Feb 1994	83	44	12.50	—	$1,038
Jan 1994	113	69	12.66	—	$1,431
Dec 1993	156	64	12.33	—	$1,923
Nov 1993	121	85	14.49	—	$1,753
Oct 1993	121	114	15.85	—	$1,918
Sep 1993	89	83	15.03	—	$1,338
Aug 1993	116	105	15.66	—	$1,817
Jul 1993	150	114	15.46	—	$2,319
Jun 1993	120	109	16.79	—	$2,015
May 1993	120	132	17.68	—	$2,122
Apr 1993	192	136	18.05	—	$3,466
Mar 1993	88	140	18.14	—	$1,596
Feb 1993	208	124	17.90	—	$3,723
Jan 1993	138	101	16.93	—	$2,336

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 2008 — as filed, then multipliedworked

Oil                   49 bbl  × $114.22 =     $5,597
Casinghead gas         0 Mcf  × $  8.48 =         $0

────────────────────────────────────────────────────
Month total                                   $5,597

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/11525 is the state's own key, not one this site invented.