UNIVERSITY "24"

Name: UNIVERSITY "24" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) 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 11696District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1993 – Nov 2011

Value, last 12 filed months

at the published price for each month

Months reported

227

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	4	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	42,577 bbl	$841,776
Casinghead gas	Production	478,526 Mcf	$685,736
Total			$1,527,512

299,057 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 (4)

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 31.2485, -101.6612. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.24826, -101.66123 · 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%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

7,300 ft

4 wells filed one

Completion to plug

21.6 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

4100.0%

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

4100.0%

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 7,030 and 9,006 ft, median 7,300 ft, over the 4 wells that filed a depth.

Completions filed

Dec 1985 – May 1988

4 of 4 wells

Plug dates filed

Mar 1997 – Jun 2011

4 of 4 wells

Last completion to plug: a median of 21.6 years across the 4 wells that filed both dates, with the middle half between 15.5 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-38333829	4	9,006 ft	May 1988	Mar 1997	Yes
42-38333788	3	7,030 ft	Jun 1987	Mar 2005	Yes
42-38333679	2	7,200 ft	Feb 1986	Jun 2011	Yes
42-38333581	1	7,400 ft	Dec 1985	Jun 2011	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 (227)

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

227 months


Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	1	96.36	4.06	$4
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	1	85.73	4.35	$4
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	1	78.10	3.51	$4
Sep 2010	0	13	72.63	3.98	$52
Aug 2010	0	13	73.68	4.42	$57
Jul 2010	0	31	72.55	4.74	$147
Jun 2010	0	180	70.36	4.91	$884
May 2010	0	269	71.12	4.24	$1,139
Apr 2010	1	417	81.69	4.12	$1,801
Mar 2010	174	395	78.39	4.39	$15,373
Feb 2010	0	345	73.58	5.44	$1,878
Jan 2010	2	392	74.36	5.96	$2,487
Dec 2009	1	377	71.44	5.48	$2,139
Nov 2009	0	351	74.59	3.75	$1,317
Oct 2009	161	365	72.54	4.11	$13,179
Sep 2009	0	370	65.54	3.06	$1,134
Aug 2009	0	322	67.42	3.22	$1,036
Jul 2009	0	385	61.13	3.46	$1,334
Jun 2009	0	392	66.16	3.90	$1,527
May 2009	0	393	54.74	3.93	$1,543
Apr 2009	1	364	46.77	3.59	$1,353
Mar 2009	0	386	42.14	4.06	$1,567
Feb 2009	188	347	32.81	4.63	$7,776
Jan 2009	0	392	35.86	5.37	$2,105
Dec 2008	0	393	37.10	5.98	$2,349
Nov 2008	1	442	55.49	6.86	$3,088
Oct 2008	0	389	75.24	6.92	$2,693
Sep 2008	0	166	101.76	7.88	$1,308
Aug 2008	171	424	114.22	8.48	$23,128
Jul 2008	0	417	131.08	11.39	$4,749
Jun 2008	0	430	131.33	13.03	$5,604
May 2008	0	911	123.17	11.57	$10,544
Apr 2008	4	523	110.31	10.45	$5,909
Mar 2008	0	574	101.90	9.66	$5,547
Feb 2008	0	363	92.53	8.77	$3,184
Jan 2008	0	16	90.38	8.21	$131
Dec 2007	0	176	88.33	7.30	$1,285
Nov 2007	174	400	91.67	7.29	$18,867
Oct 2007	0	414	82.85	6.92	$2,866
Sep 2007	1	402	75.84	6.24	$2,586
Aug 2007	0	411	69.06	6.39	$2,625
Jul 2007	0	431	70.90	6.39	$2,753
Jun 2007	0	426	62.00	7.55	$3,216
May 2007	172	429	58.74	7.85	$13,469
Apr 2007	0	409	59.61	7.81	$3,192
Mar 2007	0	420	56.92	7.30	$3,067
Feb 2007	3	397	55.10	8.22	$3,427
Jan 2007	0	468	50.30	6.73	$3,148
Dec 2006	0	492	56.65	6.92	$3,404
Nov 2006	166	492	54.20	7.62	$12,745
Oct 2006	2	620	54.90	6.01	$3,838
Sep 2006	0	580	60.08	5.04	$2,922
Aug 2006	1	629	68.71	7.34	$4,686
Jul 2006	170	626	69.37	6.34	$15,763
Jun 2006	2	570	66.28	6.38	$3,771
May 2006	1	547	66.01	6.42	$3,580
Apr 2006	3	528	64.39	7.36	$4,080
Mar 2006	165	540	56.70	7.08	$13,180
Feb 2006	4	502	57.59	7.75	$4,121
Jan 2006	0	683	60.59	8.93	$6,101
Dec 2005	1	622	54.94	13.42	$8,399
Nov 2005	1	505	54.69	10.59	$5,402
Oct 2005	0	501	58.34	13.80	$6,912
Sep 2005	172	461	61.45	12.08	$16,138
Aug 2005	0	670	61.51	9.80	$6,564
Jul 2005	0	597	55.69	7.84	$4,683
Jun 2005	0	686	52.33	7.38	$5,063
May 2005	179	684	45.22	6.65	$12,644
Apr 2005	0	620	49.20	7.36	$4,564
Mar 2005	0	599	50.37	7.15	$4,286
Feb 2005	0	442	45.22	6.31	$2,790
Jan 2005	0	282	43.16	6.32	$1,783
Dec 2004	0	289	39.86	6.75	$1,951
Nov 2004	0	300	45.28	6.33	$1,899
Oct 2004	166	237	49.70	6.52	$9,794
Sep 2004	0	318	43.24	5.28	$1,680
Aug 2004	0	349	42.37	5.55	$1,937
Jul 2004	0	328	38.28	6.08	$1,996
Jun 2004	0	331	36.10	6.43	$2,129
May 2004	164	363	37.48	6.49	$8,504
Apr 2004	0	416	34.47	5.86	$2,437
Mar 2004	0	402	34.36	5.53	$2,223
Feb 2004	0	466	32.45	5.51	$2,567
Jan 2004	180	486	32.03	6.30	$8,827
Dec 2003	0	587	30.26	6.30	$3,699
Nov 2003	183	571	28.80	4.60	$7,894
Oct 2003	0	651	28.17	4.76	$3,099
Sep 2003	0	721	26.31	4.75	$3,424
Aug 2003	170	430	29.76	5.13	$7,265
Jul 2003	0	869	29.41	5.17	$4,493
Jun 2003	0	590	28.56	5.98	$3,530
May 2003	169	768	26.59	5.97	$9,081
Apr 2003	2	782	26.67	5.41	$4,282
Mar 2003	179	785	31.14	6.10	$10,359
Feb 2003	0	745	33.48	7.93	$5,905
Jan 2003	179	946	30.31	5.58	$10,706
Dec 2002	180	961	26.91	4.85	$9,508
Nov 2002	0	1,138	24.66	4.14	$4,708
Oct 2002	0	531	26.46	4.23	$2,246
Sep 2002	0	1,001	27.44	3.64	$3,639
Aug 2002	0	1,097	25.96	3.16	$3,471
Jul 2002	226	975	24.58	3.06	$8,540
Jun 2002	0	1,030	23.73	3.34	$3,438
May 2002	0	1,160	24.66	3.58	$4,157
Apr 2002	173	1,127	23.65	3.51	$8,050
Mar 2002	0	371	22.00	3.10	$1,151
Feb 2002	0	532	18.22	2.38	$1,264
Jan 2002	182	772	17.17	2.38	$4,959
Dec 2001	185	878	16.93	2.36	$5,208
Nov 2001	0	742	18.07	2.41	$1,785
Oct 2001	8	857	19.78	2.53	$2,325
Sep 2001	174	0	24.26	2.25	$4,221
Aug 2001	0	615	24.87	3.05	$1,878
Jul 2001	0	1,008	23.93	3.20	$3,223
Jun 2001	183	1,100	24.56	3.82	$8,701
May 2001	178	1,084	25.52	4.31	$9,212
Apr 2001	0	1,166	24.68	5.34	$6,221
Mar 2001	180	1,339	24.54	5.38	$11,616
Feb 2001	0	1,186	27.75	5.77	$6,840
Jan 2001	185	1,376	27.47	8.40	$16,639
Dec 2000	0	1,516	26.88	9.12	$13,830
Nov 2000	186	876	32.21	5.66	$10,947
Oct 2000	0	1,439	31.23	5.15	$7,404
Sep 2000	181	1,367	31.87	5.19	$12,858
Aug 2000	0	1,394	29.64	4.54	$6,330
Jul 2000	177	1,500	28.53	4.09	$11,184
Jun 2000	0	1,402	29.30	4.40	$6,165
May 2000	177	1,514	27.26	3.68	$10,396
Apr 2000	185	1,518	24.51	3.12	$9,264
Mar 2000	0	1,182	28.42	2.86	$3,380
Feb 2000	179	1,368	27.62	2.73	$8,674
Jan 2000	0	1,740	25.27	2.48	$4,316
Dec 1999	190	1,585	24.28	2.42	$8,455
Nov 1999	180	1,651	23.19	2.43	$8,193
Oct 1999	0	1,708	20.98	2.80	$4,789
Sep 1999	179	1,843	21.75	2.62	$8,720
Aug 1999	187	2,190	19.26	2.88	$9,899
Jul 1999	0	2,460	17.89	2.37	$5,836
Jun 1999	186	2,507	15.94	2.36	$8,887
May 1999	184	1,960	15.79	2.32	$7,455
Apr 1999	184	2,335	15.10	2.21	$7,934
Mar 1999	378	2,235	12.47	1.84	$8,822
Feb 1999	183	1,979	9.98	1.82	$5,424
Jan 1999	181	2,081	10.38	1.90	$5,833
Dec 1998	186	2,780	9.20	1.77	$6,641
Nov 1998	367	2,814	10.89	2.19	$10,147
Oct 1998	179	2,618	12.42	1.97	$7,379
Sep 1998	188	2,848	12.59	2.08	$8,298
Aug 1998	352	3,065	11.30	1.91	$9,824
Jul 1998	177	3,060	11.74	2.24	$8,924
Jun 1998	344	3,014	11.24	2.24	$10,610
May 1998	182	3,126	12.62	2.21	$9,194
Apr 1998	358	2,984	13.04	2.51	$12,144
Mar 1998	182	3,148	12.80	2.31	$9,600
Feb 1998	352	2,686	13.95	2.30	$11,086
Jan 1998	181	3,013	14.70	2.15	$9,153
Dec 1997	331	3,154	16.32	2.41	$13,007
Nov 1997	340	3,128	18.19	3.09	$15,845
Oct 1997	362	3,228	19.25	3.15	$17,136
Sep 1997	182	3,180	17.74	2.95	$12,625
Aug 1997	355	3,868	17.86	2.55	$16,222
Jul 1997	300	3,192	17.58	2.25	$12,446
Jun 1997	348	2,809	17.24	2.26	$12,340
May 1997	304	3,081	18.97	2.31	$12,879
Apr 1997	728	2,882	17.88	2.08	$19,019
Mar 1997	5	3,522	18.95	1.94	$6,924
Feb 1997	320	3,290	20.49	2.21	$13,814
Jan 1997	329	3,042	23.48	3.54	$18,493
Dec 1996	357	3,747	23.32	—	$8,325
Nov 1996	349	3,735	21.97	—	$7,668
Oct 1996	368	3,911	23.31	—	$8,578
Sep 1996	360	3,936	22.22	—	$7,999
Aug 1996	362	4,227	20.26	—	$7,334
Jul 1996	355	4,389	19.55	—	$6,940
Jun 1996	337	3,548	18.73	—	$6,312
May 1996	537	4,633	19.43	—	$10,434
Apr 1996	191	2,228	21.51	—	$4,108
Mar 1996	348	716	19.38	—	$6,744
Feb 1996	375	4,334	16.98	—	$6,368
Jan 1996	377	4,607	17.07	—	$6,435
Dec 1995	545	4,727	17.19	—	$9,369
Nov 1995	342	4,524	16.00	—	$5,472
Oct 1995	378	4,530	15.43	—	$5,833
Sep 1995	367	3,974	16.18	—	$5,938
Aug 1995	365	4,593	15.92	—	$5,811
Jul 1995	365	4,844	15.24	—	$5,563
Jun 1995	384	4,832	16.41	—	$6,301
May 1995	370	5,087	17.56	—	$6,497
Apr 1995	385	4,722	17.73	—	$6,826
Mar 1995	361	4,913	16.44	—	$5,935
Feb 1995	563	4,563	16.58	—	$9,335
Jan 1995	182	5,319	15.92	—	$2,897
Dec 1994	536	5,094	15.03	—	$8,056
Nov 1994	536	6,110	15.90	—	$8,522
Oct 1994	370	6,584	15.58	—	$5,765
Sep 1994	360	6,556	15.29	—	$5,504
Aug 1994	349	6,097	16.13	—	$5,629
Jul 1994	533	7,622	17.56	—	$9,359
Jun 1994	525	7,912	17.09	—	$8,972
May 1994	536	7,709	15.88	—	$8,512
Apr 1994	531	8,868	14.14	—	$7,508
Mar 1994	491	10,142	12.46	—	$6,118
Feb 1994	1,059	10,095	12.50	—	$13,238
Jan 1994	365	11,011	12.66	—	$4,621
Dec 1993	1,066	12,362	12.33	—	$13,144
Nov 1993	1,814	12,484	14.49	—	$26,285
Oct 1993	1,434	10,460	15.85	—	$22,729
Sep 1993	1,082	10,557	15.03	—	$16,262
Aug 1993	718	8,507	15.66	—	$11,244
Jul 1993	864	7,642	15.46	—	$13,357
Jun 1993	720	7,711	16.79	—	$12,089
May 1993	904	7,842	17.68	—	$15,983
Apr 1993	1,088	5,507	18.05	—	$19,638
Mar 1993	729	7,664	18.14	—	$13,224
Feb 1993	720	6,787	17.90	—	$12,888
Jan 1993	1,088	7,095	16.93	—	$18,420

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

Oil                    0 bbl  × $ 96.36 =         $0
Casinghead gas         1 Mcf  × $  4.06 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/11696 is the state's own key, not one this site invented.