UNIVERSITY 6

Name: UNIVERSITY 6 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ARATEX PRODUCTION COMPANY (P-5 28723) in the BLOCK 38 (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12770District 7CField 09400300OilCasinghead gasSave Export

Value, all time

$195 k

Jan 1993 – Jan 1999

Value, last 12 filed months

$23 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The BLOCK 38 (ELLENBURGER) 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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered

1978-07-11

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1998-05-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 05/01/98.”

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	9,083 bbl	$150,363
Casinghead gas	Production	61,157 Mcf	$44,385
Total			$194,748

42,640 Mcf of this lease's gas, across 47 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 31.0634, -101.0379. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.06345, -101.03786 · 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

8,352 ft

1 wells filed one

Completion to plug

24.7 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 8,352 ft.

Completions filed

Jan 1990

1 of 1 wells

Plug dates filed

Sep 2014

1 of 1 wells

Last completion to plug: a median of 24.7 years across the 1 well that filed both dates, with the middle half between 24.7 years and 24.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10535736	601	8,352 ft	Jan 1990	Sep 2014	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 (73)

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

73 months


Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	41	0	10.89	2.19	$446
Oct 1998	0	57	12.42	1.97	$112
Sep 1998	0	1,921	12.59	2.08	$4,001
Aug 1998	0	729	11.30	1.91	$1,390
Jul 1998	0	869	11.74	2.24	$1,944
Jun 1998	21	951	11.24	2.24	$2,364
May 1998	63	1,011	12.62	2.21	$3,026
Apr 1998	59	1,410	13.04	2.51	$4,302
Mar 1998	63	867	12.80	2.31	$2,809
Feb 1998	70	696	13.95	2.30	$2,577
Jan 1998	152	1,204	14.70	2.15	$4,829
Dec 1997	0	900	16.32	2.41	$2,170
Nov 1997	0	883	18.19	3.09	$2,727
Oct 1997	0	873	19.25	3.15	$2,750
Sep 1997	22	809	17.74	2.95	$2,781
Aug 1997	64	803	17.86	2.55	$3,195
Jul 1997	40	758	17.58	2.25	$2,406
Jun 1997	51	736	17.24	2.26	$2,541
May 1997	58	639	18.97	2.31	$2,575
Apr 1997	39	554	17.88	2.08	$1,851
Mar 1997	37	690	18.95	1.94	$2,039
Feb 1997	63	499	20.49	2.21	$2,392
Jan 1997	52	658	23.48	3.54	$3,550
Dec 1996	95	704	23.32	—	$2,215
Nov 1996	33	639	21.97	—	$725
Oct 1996	67	499	23.31	—	$1,562
Sep 1996	55	439	22.22	—	$1,222
Aug 1996	39	641	20.26	—	$790
Jul 1996	106	685	19.55	—	$2,072
Jun 1996	65	807	18.73	—	$1,217
May 1996	50	735	19.43	—	$972
Apr 1996	79	945	21.51	—	$1,699
Mar 1996	117	879	19.38	—	$2,267
Feb 1996	36	1,853	16.98	—	$611
Jan 1996	129	616	17.07	—	$2,202
Dec 1995	122	617	17.19	—	$2,097
Nov 1995	135	649	16.00	—	$2,160
Oct 1995	136	858	15.43	—	$2,098
Sep 1995	112	1,174	16.18	—	$1,812
Aug 1995	142	1,192	15.92	—	$2,261
Jul 1995	176	1,094	15.24	—	$2,682
Jun 1995	172	1,109	16.41	—	$2,823
May 1995	171	1,305	17.56	—	$3,003
Apr 1995	246	1,396	17.73	—	$4,362
Mar 1995	174	1,476	16.44	—	$2,861
Feb 1995	276	1,353	16.58	—	$4,576
Jan 1995	377	1,589	15.92	—	$6,002
Dec 1994	248	2,450	15.03	—	$3,727
Nov 1994	308	2,945	15.90	—	$4,897
Oct 1994	413	1,785	15.58	—	$6,435
Sep 1994	577	1,476	15.29	—	$8,822
Aug 1994	823	909	16.13	—	$13,275
Jul 1994	55	311	17.56	—	$966
Jun 1994	193	478	17.09	—	$3,298
May 1994	0	176	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	504	12.46	—	$0
Feb 1994	89	369	12.50	—	$1,113
Jan 1994	144	614	12.66	—	$1,823
Dec 1993	133	393	12.33	—	$1,640
Nov 1993	89	440	14.49	—	$1,290
Oct 1993	74	485	15.85	—	$1,173
Sep 1993	100	455	15.03	—	$1,503
Aug 1993	96	522	15.66	—	$1,503
Jul 1993	243	458	15.46	—	$3,757
Jun 1993	75	492	16.79	—	$1,259
May 1993	451	1,096	17.68	—	$7,974
Apr 1993	206	782	18.05	—	$3,718
Mar 1993	293	717	18.14	—	$5,315
Feb 1993	278	699	17.90	—	$4,976
Jan 1993	190	830	16.93	—	$3,217

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 1998 — as filed, then multipliedworked

Oil                   41 bbl  × $ 10.89 =       $446
Casinghead gas         0 Mcf  × $  2.19 =         $0

────────────────────────────────────────────────────
Month total                                     $446

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/12770 is the state's own key, not one this site invented.