UNIVERSITY 14-B

Operated by MICHAELSON PRODUCING COMPANY (P-5 564150) in the FARMER (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14340District 7CField 30243500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.1 M
Feb 1996 – May 2026
Value, last 12 filed months
$58 k
at the published price for each month
Months reported
364
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 351 leases and 1,445 wells, and the rule below applies to all of them.

Discovered
1953-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1997-12-16.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET 7C-0214566 ON 3/7/97.

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
OilDisposition41,933 bbl$1,965,359
Casinghead gasProduction36,312 Mcf$139,200
Total$2,104,559

2,218 Mcf of this lease's gas, across 11 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 31.1048, -101.3578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.10503, -101.35814 · 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
0.0%
0 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
2,718 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
4100.0%

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 2,660 and 2,746 ft, median 2,718 ft, over the 4 wells that filed a depth.

Completions filed
Mar 1979 – Jun 2002
4 of 4 wells

4 wells

42-3833521082,725 ftJun 2002
42-3833472662,660 ftMay 1997
42-3833454242,710 ftApr 1996
42-3833132932,746 ftMar 1979

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 (364)

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

364 months

May 202600106.413.05$0
Apr 2026118098.932.87$11,674
Mar 2026119089.753.15$10,680
Feb 20260063.503.75$0
Jan 2026119059.138.00$7,036
Dec 20250056.664.41$0
Nov 2025116058.593.93$6,796
Oct 2025118059.383.30$7,007
Sep 20250062.743.08$0
Aug 2025118063.933.01$7,544
Jul 20250066.743.32$0
Jun 2025116066.483.13$7,712
May 2025120060.553.23$7,266
Apr 20250062.363.54$0
Mar 2025120067.704.27$8,124
Feb 20250070.884.34$0
Jan 2025122074.324.28$9,067
Dec 2024122068.993.12$8,417
Nov 20240069.052.20$0
Oct 2024120071.372.28$8,564
Sep 20240069.612.36$0
Aug 2024118075.632.06$8,924
Jul 20240079.932.15$0
Jun 2024119078.082.63$9,292
May 2024119078.812.20$9,378
Apr 20240084.451.66$0
Mar 2024121080.301.55$9,716
Feb 20240076.091.78$0
Jan 2024122073.023.30$8,908
Dec 2023122071.262.61$8,694
Nov 20230077.892.81$0
Oct 2023117085.443.09$9,996
Sep 20230089.042.74$0
Aug 2023122080.522.67$9,823
Jul 2023121074.852.64$9,057
Jun 20230068.962.26$0
May 2023118070.622.23$8,333
Apr 2023120078.122.24$9,374
Mar 20230072.852.39$0
Feb 2023121075.112.47$9,088
Jan 2023124076.533.39$9,490
Dec 20220076.415.73$0
Nov 2022119085.005.65$10,115
Oct 20220087.185.86$0
Sep 2022119084.888.16$10,101
Aug 2022119094.529.13$11,248
Jul 202200101.587.54$0
Jun 20221220115.097.98$14,041
May 20221200109.378.43$13,124
Apr 202200104.226.84$0
Mar 20221200108.885.08$13,066
Feb 2022123091.054.86$11,199
Jan 20220081.844.54$0
Dec 2021121071.323.90$8,630
Nov 2021121077.435.24$9,369
Oct 2021121079.795.71$9,655
Sep 2021121069.865.35$8,453
Aug 20210066.024.22$0
Jul 2021119070.783.98$8,423
Jun 2021122069.493.38$8,478
May 20210063.483.02$0
Apr 2021122060.362.76$7,364
Mar 20210061.302.72$0
Feb 2021125057.805.55$7,225
Jan 20210050.412.81$0
Dec 2020121044.642.68$5,401
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020119037.091.99$4,414
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020117034.901.69$4,083
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020126030.341.86$3,823
Feb 20200049.881.98$0
Jan 2020124057.252.09$7,099
Dec 201912523659.012.30$7,920
Nov 20190055.302.75$0
Oct 2019122053.472.42$6,523
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201901156.272.46$27
Jun 20191237352.782.49$6,674
May 201912310058.482.74$7,467
Apr 20195312662.632.75$3,666
Mar 2019013956.803.06$426
Feb 2019012050.852.79$335
Jan 201912914346.033.23$6,400
Dec 2018011246.594.19$469
Nov 20181257452.934.24$6,930
Oct 20181247561.443.40$7,873
Sep 201807359.543.11$227
Aug 20181246959.403.07$7,577
Jul 201807165.142.93$208
Jun 20181241560.183.08$7,508
May 201807365.382.90$212
Apr 20181267163.842.90$8,250
Mar 20181247661.222.79$7,803
Feb 201806961.782.77$191
Jan 20181295962.874.01$8,347
Dec 201703657.272.92$105
Nov 201712415355.423.12$7,349
Oct 2017011749.292.98$349
Sep 20171277647.523.09$6,270
Aug 20171247945.373.00$5,863
Jul 201708043.873.09$247
Jun 20171267642.493.09$5,588
May 2017020845.373.26$679
Apr 201712523147.933.21$6,733
Mar 201712524046.772.98$6,562
Feb 2017021150.452.95$623
Jan 201711922549.413.42$6,649
Dec 201611420048.763.72$6,303
Nov 2016022542.492.64$595
Oct 201612922846.193.09$6,663
Sep 201612519441.553.10$5,795
Aug 2016012841.442.92$374
Jul 20161219741.622.92$5,320
Jun 2016011845.352.69$317
May 201612513042.521.99$5,574
Apr 2016015836.561.99$315
Mar 201612117433.011.79$4,306
Feb 201611916526.472.06$3,490
Jan 2016017827.352.36$421
Dec 201511311832.362.00$3,893
Nov 20151058938.792.17$4,266
Oct 201506943.552.43$167
Sep 20151036042.992.76$4,593
Aug 201505740.162.87$164
Jul 2015988148.152.95$4,957
Jun 20151045356.152.88$5,992
May 20151077455.212.96$6,126
Apr 20151057549.822.71$5,434
Mar 20151027742.892.93$4,601
Feb 201506844.662.98$202
Jan 20151046643.433.10$4,721
Dec 20141098254.693.59$6,256
Nov 20141049370.464.25$7,723
Oct 20141069278.303.90$8,659
Sep 201408986.164.05$360
Aug 20141038289.394.04$9,538
Jul 20141028196.564.18$10,188
Jun 20141027198.164.74$10,349
May 20141068394.734.73$10,434
Apr 201408495.944.81$404
Mar 20141057495.895.06$10,443
Feb 20141086197.406.19$10,897
Jan 20141067690.404.86$9,952
Dec 20131036591.824.35$9,741
Nov 201305288.853.74$194
Oct 20131038997.423.78$10,371
Sep 201310315104.113.72$10,779
Aug 2013037104.253.52$130
Jul 201310529102.523.72$10,872
Jun 2013107094.403.93$10,101
May 201302194.834.15$87
Apr 20131041593.964.28$9,836
Mar 20131126693.623.91$10,744
Feb 201304791.233.42$161
Jan 20131104891.603.42$10,240
Dec 20121086586.773.42$9,593
Nov 20121078986.953.62$9,626
Oct 20121059689.383.40$9,711
Sep 201207694.672.92$222
Aug 20121067592.662.91$10,040
Jul 20121058285.133.02$9,186
Jun 20121068779.822.52$8,680
May 201207291.612.49$179
Apr 2012107124101.652.00$11,124
Mar 2012107139105.052.22$11,549
Feb 2012107126101.102.57$11,142
Jan 2012013298.092.73$361
Dec 201110815196.873.24$10,951
Nov 201110614395.723.31$10,620
Oct 20111066084.983.65$9,227
Sep 201105783.623.99$227
Aug 20111108483.404.15$9,523
Jul 20111095594.144.52$10,510
Jun 20111026792.904.64$9,787
May 201107798.134.40$339
Apr 201110476105.964.33$11,349
Mar 20111017296.364.06$10,024
Feb 20111065785.644.18$9,316
Jan 20111068286.504.59$9,545
Dec 201007885.734.35$339
Nov 20101057680.843.80$8,777
Oct 20101066278.103.51$8,496
Sep 20101077072.633.98$8,050
Aug 20101065773.684.42$8,062
Jul 201005972.554.74$279
Jun 20101056570.364.91$7,707
May 20101067071.124.24$7,835
Apr 2010894581.694.12$7,456
Mar 20101087178.394.39$8,778
Feb 201006173.585.44$332
Jan 20101185774.365.96$9,114
Dec 20091045171.445.48$7,709
Nov 20091075374.593.75$8,180
Oct 200907172.544.11$292
Sep 20091086765.543.06$7,284
Aug 20091018967.423.22$7,096
Jul 200910610561.133.46$6,844
Jun 20091079866.163.90$7,461
May 200910410354.743.93$6,097
Apr 20091039946.773.59$5,172
Mar 20091019642.144.06$4,646
Feb 20091078632.814.63$3,909
Jan 20091068735.865.37$4,268
Dec 20081048537.105.98$4,366
Nov 20081038055.496.86$6,264
Oct 20081063475.246.92$8,211
Sep 200810756101.767.88$11,329
Aug 200810345114.228.48$12,146
Jul 200810242131.0811.39$13,849
Jun 200897108131.3313.03$14,147
May 2008116128123.1711.57$15,769
Apr 20089869110.3110.45$11,532
Mar 200810774101.909.66$11,618
Feb 20081067992.538.77$10,501
Jan 20081077790.388.21$10,303
Dec 20071116888.337.30$10,301
Nov 20071094491.677.29$10,313
Oct 200703882.856.92$263
Sep 20071104575.846.24$8,623
Aug 20071035869.066.39$7,484
Jul 200710812270.906.39$8,437
Jun 20071109862.007.55$7,560
May 200711412358.747.85$7,661
Apr 200710914159.617.81$7,598
Mar 200711410256.927.30$7,234
Feb 200711510455.108.22$7,191
Jan 200711312250.306.73$6,505
Dec 20061889256.656.92$11,287
Nov 20061124954.207.62$6,444
Oct 20061147754.906.01$6,722
Sep 200611013660.085.04$7,294
Aug 200621813868.717.34$15,992
Jul 200611114469.376.34$8,613
Jun 200611312166.286.38$8,262
May 20061099866.016.42$7,825
Apr 200611310464.397.36$8,042
Mar 200623413756.707.08$14,238
Feb 20061167957.597.75$7,293
Jan 2006117160.598.93$7,098
Dec 20051152254.9413.42$6,613
Nov 20051188354.6910.59$7,332
Oct 20051174958.3413.80$7,502
Sep 200511811261.4512.08$8,604
Aug 20052237961.519.80$14,491
Jul 20051059255.697.84$6,569
Jun 2005883552.337.38$4,863
May 200510310945.226.65$5,383
Apr 20052238849.207.36$11,619
Mar 200511910150.377.15$6,717
Feb 20051066445.226.31$5,197
Jan 20051208243.166.32$5,698
Dec 20042788739.866.75$11,668
Nov 200404145.286.33$260
Oct 200413212549.706.52$7,375
Sep 200424317843.245.28$11,448
Aug 200411313742.375.55$5,548
Jul 200422114038.286.08$9,312
Jun 200412413036.106.43$5,313
May 20042518837.486.49$9,979
Apr 200425412534.475.86$9,488
Mar 200412513434.365.53$5,036
Feb 200426912732.455.51$9,429
Jan 200413113632.036.30$5,053
Dec 200326313230.266.30$8,790
Nov 200313111428.804.60$4,297
Oct 200325818728.174.76$8,158
Sep 200325917226.314.75$7,631
Aug 200312817929.765.13$4,728
Jul 200325519929.415.17$8,529
Jun 200326716328.565.98$8,601
May 200328723826.595.97$9,053
Apr 200326319326.675.41$8,058
Mar 200312325231.146.10$5,366
Feb 200328116433.487.93$10,708
Jan 200328124430.315.58$9,879
Dec 200226821626.914.85$8,260
Nov 200253927724.664.14$14,438
Oct 200214217526.464.23$4,497
Sep 200228429527.443.64$8,865
Aug 200241928925.963.16$11,792
Jul 200239935724.583.06$10,900
Jun 20029612723.733.34$2,702
May 20029211524.663.58$2,681
Apr 20028911123.653.51$2,495
Mar 20029310722.003.10$2,378
Feb 2002947518.222.38$1,891
Jan 20029011417.172.38$1,816
Dec 2001739516.932.36$1,461
Nov 20019311518.072.41$1,957
Oct 20019213319.782.53$2,156
Sep 200117816924.262.25$4,699
Aug 20018820224.873.05$2,805
Jul 20019221123.933.20$2,876
Jun 20019420524.563.82$3,093
May 200118420625.524.31$5,583
Apr 200110118224.685.34$3,464
Mar 20019721224.545.38$3,520
Feb 20019919027.755.77$3,843
Jan 20019515127.478.40$3,878
Dec 200019024826.889.12$7,370
Nov 200010518532.215.66$4,429
Oct 200019524431.235.15$7,345
Sep 200010222331.875.19$4,407
Aug 20009826329.644.54$4,099
Jul 200020531928.534.09$7,153
Jun 200010315729.304.40$3,708
May 20009723327.263.68$3,502
Apr 200011031824.513.12$3,687
Mar 200021024328.422.86$6,663
Feb 200010824327.622.73$3,646
Jan 200011718025.272.48$3,403
Dec 199921330924.282.42$5,921
Nov 199911032123.192.43$3,332
Oct 199911639620.982.80$3,544
Sep 199911830421.752.62$3,363
Aug 199923938219.262.88$5,702
Jul 199912740217.892.37$3,226
Jun 199912811615.942.36$2,314
May 199911611415.792.32$2,096
Apr 199913313615.102.21$2,309
Mar 199924712212.471.84$3,304
Feb 19991361339.981.82$1,599
Jan 199913412710.381.90$1,632
Dec 19981331709.201.77$1,525
Nov 199813413310.892.19$1,750
Oct 199827024212.421.97$3,830
Sep 199822112612.592.08$3,045
Aug 199821622811.301.91$2,876
Jul 199819621211.742.24$2,775
Jun 199815816911.242.24$2,154
May 199823914212.622.21$3,329
Apr 199818016013.042.51$2,748
Mar 199823320012.802.31$3,444
Feb 199826814813.952.30$4,079
Jan 199818518414.702.15$3,116
Dec 199728614516.322.41$5,017
Nov 199726913818.193.09$5,319
Oct 199724019119.253.15$5,222
Sep 199735325217.742.95$7,007
Aug 199722025817.862.55$4,588
Jul 199723734317.582.25$4,937
Jun 199747328517.242.26$8,798
May 199739124818.972.31$7,990
Apr 199728618017.882.08$5,489
Mar 199712015618.951.94$2,577
Feb 199713413920.492.21$3,052
Jan 199718710823.483.54$4,773
Dec 199623814723.32$5,550
Nov 199618115221.97$3,977
Oct 199626925423.31$6,270
Sep 199626521222.22$5,888
Aug 199626322220.26$5,328
Jul 199626628119.55$5,200
Jun 199641133318.73$7,698
May 199676743019.43$14,903
Apr 199609821.51$0
Mar 199606219.38$0
Feb 1996302716.98$509

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.

Apr 2026 — as filed, then multipliedworked
Oil                  118 bbl  × $ 98.93 =    $11,674
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $11,674

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/14340 is the state's own key, not one this site invented.