UNIVERSITY 3-7

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 11779District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$455 k
Jan 1993 – Nov 2003
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
131
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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
OilDisposition24,654 bbl$454,568
Casinghead gasProduction22 Mcf$2
Total$454,570

21 Mcf of this lease's gas, across 21 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 31.2879, -101.7879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28795, -101.78785 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,581 ft
1 wells filed one
Completion to plug
17.8 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 7,581 ft.

Completions filed
Jan 1986
1 of 1 wells
Plug dates filed
Oct 2003
1 of 1 wells

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4613252017,581 ftJan 1986Oct 2003Yes

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 (131)

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

131 months

Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 200358026.314.75$1,526
Aug 2003183029.765.13$5,446
Jul 20036029.415.17$176
Jun 20038028.565.98$228
May 20037026.595.97$186
Apr 2003188026.675.41$5,014
Mar 20039031.146.10$280
Feb 20033033.487.93$100
Jan 200323030.315.58$697
Dec 20020026.914.85$0
Nov 20021024.664.14$25
Oct 20021026.464.23$26
Sep 20022027.443.64$55
Aug 20020025.963.16$0
Jul 20028024.583.06$197
Jun 20022023.733.34$47
May 2002183024.663.58$4,513
Apr 20021023.653.51$24
Mar 2002350022.003.10$7,700
Feb 20021018.222.38$18
Jan 2002190017.172.38$3,262
Dec 20011016.932.36$17
Nov 2001183018.072.41$3,307
Oct 2001183019.782.53$3,620
Sep 2001185024.262.25$4,488
Aug 2001178024.873.05$4,427
Jul 2001204023.933.20$4,882
Jun 2001200024.563.82$4,912
May 2001186025.524.31$4,747
Apr 2001185024.685.34$4,566
Mar 20013024.545.38$74
Feb 2001172027.755.77$4,773
Jan 2001174027.478.40$4,780
Dec 2000172026.889.12$4,623
Nov 2000175032.215.66$5,637
Oct 20001031.235.15$31
Sep 2000338031.875.19$10,772
Aug 20000029.644.54$0
Jul 2000173028.534.09$4,936
Jun 2000172029.304.40$5,040
May 2000171027.263.68$4,661
Apr 2000171024.513.12$4,191
Mar 2000172028.422.86$4,888
Feb 2000173027.622.73$4,778
Jan 2000355025.272.48$8,971
Dec 19990024.282.42$0
Nov 1999177023.192.43$4,105
Oct 1999176020.982.80$3,692
Sep 1999175021.752.62$3,806
Aug 1999174019.262.88$3,351
Jul 1999177017.892.37$3,167
Jun 1999174015.942.36$2,774
May 1999349015.792.32$5,511
Apr 1999173015.102.21$2,612
Mar 1999173012.471.84$2,157
Feb 199917809.981.82$1,776
Jan 1999181010.381.90$1,879
Dec 199818809.201.77$1,730
Nov 1998192010.892.19$2,091
Oct 1998180012.421.97$2,236
Sep 1998360012.592.08$4,532
Aug 19985011.301.91$57
Jul 1998177011.742.24$2,078
Jun 1998348011.242.24$3,912
May 1998197012.622.21$2,486
Apr 1998182013.042.51$2,373
Mar 1998186012.802.31$2,381
Feb 1998192013.952.30$2,678
Jan 1998195014.702.15$2,867
Dec 1997375016.322.41$6,120
Nov 1997185018.193.09$3,365
Oct 1997191019.253.15$3,677
Sep 1997186017.742.95$3,300
Aug 1997175017.862.55$3,126
Jul 1997366017.582.25$6,434
Jun 1997177117.242.26$3,054
May 1997195018.972.31$3,699
Apr 1997185017.882.08$3,308
Mar 1997373018.951.94$7,068
Feb 19970020.492.21$0
Jan 1997375023.483.54$8,805
Dec 1996379023.32$8,838
Nov 1996196021.97$4,306
Oct 1996190023.31$4,429
Sep 1996196022.22$4,355
Aug 1996179020.26$3,627
Jul 1996201019.55$3,930
Jun 1996360018.73$6,743
May 1996170019.43$3,303
Apr 1996176021.51$3,786
Mar 1996386019.38$7,481
Feb 1996195016.98$3,311
Jan 1996198017.07$3,380
Dec 1995188017.19$3,232
Nov 1995386016.00$6,176
Oct 1995192015.43$2,963
Sep 1995189016.18$3,058
Aug 1995173015.92$2,754
Jul 1995191015.24$2,911
Jun 1995382016.41$6,269
May 1995191017.56$3,354
Apr 1995189017.73$3,351
Mar 1995390016.44$6,412
Feb 1995199016.58$3,299
Jan 1995190015.92$3,025
Dec 1994379015.03$5,696
Nov 1994191015.90$3,037
Oct 1994187015.58$2,913
Sep 1994368115.29$5,627
Aug 1994356116.13$5,742
Jul 1994174117.56$3,055
Jun 1994176117.09$3,008
May 1994356115.88$5,653
Apr 1994325114.14$4,596
Mar 1994175112.46$2,181
Feb 1994357112.50$4,463
Jan 1994177112.66$2,241
Dec 1993357112.33$4,402
Nov 1993351114.49$5,086
Oct 1993177115.85$2,805
Sep 1993176115.03$2,645
Aug 1993348115.66$5,450
Jul 1993174115.46$2,690
Jun 1993341116.79$5,725
May 1993183117.68$3,235
Apr 1993359118.05$6,480
Mar 1993176118.14$3,193
Feb 1993311117.90$5,567
Jan 1993351116.93$5,942

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.

Sep 2003 — as filed, then multipliedworked
Oil                   58 bbl  × $ 26.31 =     $1,526
Casinghead gas         0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                   $1,526

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/11779 is the state's own key, not one this site invented.