UNIVERSITY 14

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 14341District 7CField 30243500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$922 k
Feb 1996 – May 2026
Value, last 12 filed months
$26 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
OilDisposition19,155 bbl$859,580
Casinghead gasProduction16,668 Mcf$62,778
Total$922,359

446 Mcf of this lease's gas, across 9 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 31.1123, -101.3564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.11239, -101.35639 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
2,595 ft
4 wells filed one
Completion to plug
33.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 2,540 and 2,693 ft, median 2,595 ft, over the 4 wells that filed a depth.

Completions filed
Mar 1975 – Jul 2001
4 of 4 wells
Plug dates filed
Jul 2021 – Oct 2021
2 of 4 wells; 2 filed none

Last completion to plug: a median of 33.3 years across the 2 wells that filed both dates, with the middle half between 26.8 years and 39.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3833460352,650 ftJul 2001Oct 2021Yes
42-3833487872,693 ftApr 1998
42-3833056022,540 ftJun 1975
42-3833055412,540 ftMar 1975Jul 2021Yes

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 202651098.932.87$5,045
Mar 202651089.753.15$4,577
Feb 20260063.503.75$0
Jan 202651059.138.00$3,016
Dec 20250056.664.41$0
Nov 202553058.593.93$3,105
Oct 202551059.383.30$3,028
Sep 20250062.743.08$0
Aug 202551063.933.01$3,260
Jul 20250066.743.32$0
Jun 202553066.483.13$3,523
May 202552060.553.23$3,149
Apr 20250062.363.54$0
Mar 202553067.704.27$3,588
Feb 20250070.884.34$0
Jan 202553074.324.28$3,939
Dec 202453068.993.12$3,656
Nov 20240069.052.20$0
Oct 202452071.372.28$3,711
Sep 20240069.612.36$0
Aug 202451075.632.06$3,857
Jul 20240079.932.15$0
Jun 202452078.082.63$4,060
May 202451078.812.20$4,019
Apr 20240084.451.66$0
Mar 202452080.301.55$4,176
Feb 20241076.091.78$76
Jan 202453073.023.30$3,870
Dec 202353071.262.61$3,777
Nov 20230077.892.81$0
Oct 202351085.443.09$4,357
Sep 20230089.042.74$0
Aug 202353080.522.67$4,268
Jul 202352074.852.64$3,892
Jun 20230068.962.26$0
May 202351070.622.23$3,602
Apr 202352078.122.24$4,062
Mar 20230072.852.39$0
Feb 202352075.112.47$3,906
Jan 202354076.533.39$4,133
Dec 20220076.415.73$0
Nov 202251085.005.65$4,335
Oct 20220087.185.86$0
Sep 202252084.888.16$4,414
Aug 202251094.529.13$4,821
Jul 202200101.587.54$0
Jun 2022530115.097.98$6,100
May 2022520109.378.43$5,687
Apr 202200104.226.84$0
Mar 2022520108.885.08$5,662
Feb 202254091.054.86$4,917
Jan 20220081.844.54$0
Dec 202152071.323.90$3,709
Nov 202152077.435.24$4,026
Oct 202152079.795.71$4,149
Sep 202152069.865.35$3,633
Aug 20211066.024.22$66
Jul 202152070.783.98$3,681
Jun 202154069.493.38$3,752
May 20210063.483.02$0
Apr 202153060.362.76$3,199
Mar 20210061.302.72$0
Feb 202154057.805.55$3,121
Jan 20210050.412.81$0
Dec 202053044.642.68$2,366
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202051037.091.99$1,892
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202050034.901.69$1,745
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202054030.341.86$1,638
Feb 20200049.881.98$0
Jan 202054057.252.09$3,092
Dec 20195410259.012.30$3,422
Nov 20190055.302.75$0
Oct 201953053.472.42$2,834
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190556.272.46$12
Jun 2019533252.782.49$2,877
May 2019534358.482.74$3,217
Apr 20191235562.632.75$7,855
Mar 201906056.803.06$184
Feb 201905250.852.79$145
Jan 2019566246.033.23$2,778
Dec 201804846.594.19$201
Nov 2018543252.934.24$2,994
Oct 2018543361.443.40$3,430
Sep 201803259.543.11$99
Aug 2018543059.403.07$3,300
Jul 201803165.142.93$91
Jun 2018543560.183.08$3,357
May 201803265.382.90$93
Apr 2018553063.842.90$3,598
Mar 2018543361.222.79$3,398
Feb 201803061.782.77$83
Jan 2018552562.874.01$3,558
Dec 201701857.272.92$53
Nov 2017536555.423.12$3,140
Oct 201705049.292.98$149
Sep 2017543247.523.09$2,665
Aug 2017533445.373.00$2,507
Jul 201703443.873.09$105
Jun 2017573242.493.09$2,521
May 201708845.373.26$287
Apr 2017539847.933.21$2,855
Mar 20175310246.772.98$2,783
Feb 201709350.452.95$275
Jan 20176211249.413.42$3,446
Dec 20166611648.763.72$3,650
Nov 201609642.492.64$254
Oct 2016498746.193.09$2,532
Sep 2016538241.553.10$2,456
Aug 201605441.442.92$158
Jul 2016514141.622.92$2,243
Jun 201605045.352.69$134
May 2016535542.521.99$2,363
Apr 201606736.561.99$133
Mar 2016527633.011.79$1,853
Feb 2016557726.472.06$1,615
Jan 201608427.352.36$199
Dec 2015535532.362.00$1,825
Nov 2015494238.792.17$1,992
Oct 201513243.552.43$121
Sep 2015482842.992.76$2,141
Aug 201502740.162.87$78
Jul 2015463848.152.95$2,327
Jun 2015482556.152.88$2,767
May 2015503555.212.96$2,864
Apr 2015493549.822.71$2,536
Mar 2015483642.892.93$2,164
Feb 201503244.662.98$95
Jan 2015493143.433.10$2,224
Dec 2014513854.693.59$2,926
Nov 2014484370.464.25$3,565
Oct 2014494378.303.90$4,004
Sep 201404286.164.05$170
Aug 2014483889.394.04$4,444
Jul 2014483896.564.18$4,794
Jun 2014473398.164.74$4,770
May 2014513994.734.73$5,016
Apr 201423995.944.81$379
Mar 2014503495.895.06$4,966
Feb 2014502897.406.19$5,043
Jan 2014513590.404.86$4,781
Dec 2013483091.824.35$4,538
Nov 201312488.853.74$179
Oct 2013484197.423.78$4,831
Sep 2013497104.113.72$5,127
Aug 2013117104.253.52$164
Jul 20134913102.523.72$5,072
Jun 2013493394.403.93$4,755
May 201311094.834.15$136
Apr 201348793.964.28$4,540
Mar 2013503093.623.91$4,798
Feb 201302191.233.42$72
Jan 2013502291.603.42$4,655
Dec 2012502986.773.42$4,438
Nov 2012494086.953.62$4,406
Oct 2012484489.383.40$4,440
Sep 201203494.672.92$99
Aug 2012483492.662.91$4,547
Jul 2012473785.133.02$4,113
Jun 2012493979.822.52$4,009
May 201203391.612.49$82
Apr 20124956101.652.00$5,093
Mar 20124863105.052.22$5,182
Feb 20124857101.102.57$4,999
Jan 201216098.092.73$262
Dec 2011486896.873.24$4,870
Nov 2011486595.723.31$4,810
Oct 2011482784.983.65$4,178
Sep 201102683.623.99$104
Aug 2011473683.404.15$4,069
Jul 2011472494.144.52$4,533
Jun 2011463092.904.64$4,413
May 201103598.134.40$154
Apr 20114734105.964.33$5,127
Mar 2011463396.364.06$4,566
Feb 2011492785.644.18$4,309
Jan 2011483786.504.59$4,322
Dec 201003585.734.35$152
Nov 2010473580.843.80$3,932
Oct 2010472878.103.51$3,769
Sep 2010483272.633.98$3,614
Aug 2010472673.684.42$3,578
Jul 201002772.554.74$128
Jun 2010472970.364.91$3,449
May 2010473271.124.24$3,478
Apr 2010552881.694.12$4,608
Mar 2010473278.394.39$3,825
Feb 201002773.585.44$147
Jan 2010502574.365.96$3,867
Dec 2009442271.445.48$3,264
Nov 2009452374.593.75$3,443
Oct 200903172.544.11$127
Sep 2009462965.543.06$3,104
Aug 2009423867.423.22$2,954
Jul 2009444461.133.46$2,842
Jun 2009454166.163.90$3,137
May 2009434354.743.93$2,523
Apr 2009444246.773.59$2,209
Mar 2009424142.144.06$1,936
Feb 2009443632.814.63$1,610
Jan 2009443735.865.37$1,777
Dec 2008423537.105.98$1,767
Nov 2008423355.496.86$2,557
Oct 2008431575.246.92$3,339
Sep 20084524101.767.88$4,768
Aug 20084219114.228.48$4,958
Jul 20084218131.0811.39$5,710
Jun 20084838131.3313.03$6,799
May 20084045123.1711.57$5,448
Apr 20084633110.3110.45$5,419
Mar 20084431101.909.66$4,783
Feb 2008443392.538.77$4,361
Jan 2008443290.388.21$4,239
Dec 2007452888.337.30$4,179
Nov 2007461991.677.29$4,355
Oct 200701682.856.92$111
Sep 2007441975.846.24$3,456
Aug 2007402369.066.39$2,909
Jul 2007414870.906.39$3,214
Jun 2007423762.007.55$2,883
May 2007384158.747.85$2,554
Apr 2007415459.617.81$2,865
Mar 2007433956.927.30$2,732
Feb 2007434055.108.22$2,698
Jan 2007414550.306.73$2,365
Dec 2006693456.656.92$4,144
Nov 2006411854.207.62$2,359
Oct 2006412854.906.01$2,419
Sep 2006394960.085.04$2,590
Aug 2006795068.717.34$5,795
Jul 2006405269.376.34$3,105
Jun 2006404466.286.38$2,932
May 2006393666.016.42$2,806
Apr 2006393764.397.36$2,784
Mar 2006814856.707.08$4,933
Feb 2006402857.597.75$2,521
Jan 20063911160.598.93$3,355
Dec 200538854.9413.42$2,195
Nov 2005402854.6910.59$2,484
Oct 2005381658.3413.80$2,438
Sep 2005383761.4512.08$2,782
Aug 2005772761.519.80$5,001
Jul 2005383455.697.84$2,383
Jun 2005502052.337.38$2,764
May 2005444845.226.65$2,309
Apr 2005813249.207.36$4,221
Mar 2005433750.377.15$2,431
Feb 2005372345.226.31$1,818
Jan 2005412943.166.32$1,953
Dec 2004923039.866.75$3,870
Nov 200401745.286.33$108
Oct 2004242449.706.52$1,349
Sep 2004826043.245.28$3,863
Aug 2004445442.375.55$2,164
Jul 2004684438.286.08$2,871
Jun 2004404136.106.43$1,708
May 2004762737.486.49$3,024
Apr 2004763834.475.86$2,842
Mar 2004374034.365.53$1,493
Feb 2004683332.455.51$2,388
Jan 2004384032.036.30$1,469
Dec 2003733830.266.30$2,448
Nov 2003383428.804.60$1,251
Oct 2003755428.174.76$2,370
Sep 2003745026.314.75$2,184
Aug 2003375229.765.13$1,368
Jul 2003766029.415.17$2,545
Jun 2003684228.565.98$2,193
May 2003544626.595.97$1,711
Apr 2003705226.675.41$2,148
Mar 2003428631.146.10$1,832
Feb 2003623733.487.93$2,369
Jan 2003605330.315.58$2,114
Dec 2002685526.914.85$2,097
Nov 20021145924.664.14$3,055
Oct 2002293726.464.23$924
Sep 2002515327.443.64$1,592
Aug 2002785525.963.16$2,199
Jul 2002968624.583.06$2,623
Jun 2002587623.733.34$1,630
May 2002638024.663.58$1,840
Apr 2002637723.653.51$1,760
Mar 2002647422.003.10$1,638
Feb 2002645118.222.38$1,287
Jan 2002678217.172.38$1,345
Dec 2001759716.932.36$1,499
Nov 2001708518.072.41$1,469
Oct 20017210419.782.53$1,687
Sep 200112912224.262.25$3,404
Aug 20016414724.873.05$2,040
Jul 20016214323.933.20$1,941
Jun 20016213424.563.82$2,035
May 200112814225.524.31$3,878
Apr 20015810424.685.34$1,986
Mar 20016113024.545.38$2,196
Feb 20015911027.755.77$2,272
Jan 20016410327.478.40$2,623
Dec 200012616526.889.12$4,892
Nov 2000559532.215.66$2,309
Oct 200011414431.235.15$4,301
Sep 20005111031.875.19$2,196
Aug 20006016129.644.54$2,509
Jul 200010516428.534.09$3,666
Jun 2000547929.304.40$1,930
May 20005011827.263.68$1,797
Apr 20004111724.513.12$1,369
Mar 20009310828.422.86$2,952
Feb 2000449727.622.73$1,480
Jan 2000294525.272.48$844
Dec 19999413624.282.42$2,612
Nov 19993810923.192.43$1,147
Oct 19993411120.982.80$1,025
Sep 1999328421.752.62$916
Aug 1999518219.262.88$1,218
Jul 1999247617.892.37$610
Jun 1999292715.942.36$526
May 1999323315.792.32$582
Apr 1999252615.102.21$435
Mar 1999643312.471.84$859
Feb 199919199.981.82$224
Jan 1999232210.381.90$281
Dec 199825309.201.77$283
Nov 1998242410.892.19$314
Oct 1998433912.421.97$611
Sep 19981015812.592.08$1,392
Aug 199810411111.301.91$1,387
Jul 199813514311.742.24$1,905
Jun 199817817911.242.24$2,401
May 199825515112.622.21$3,551
Apr 199815413613.042.51$2,349
Mar 1998978412.802.31$1,436
Feb 199824413413.952.30$3,712
Jan 199815915314.702.15$2,667
Dec 199722811416.322.41$3,996
Nov 199725312318.193.09$4,982
Oct 199727520919.253.15$5,952
Sep 199730021117.742.95$5,945
Aug 199710111717.862.55$2,103
Jul 19979313617.582.25$1,941
Jun 199735421217.242.26$6,581
May 199729218518.972.31$5,966
Apr 199739524817.882.08$7,579
Mar 199738148918.951.94$8,168
Feb 199737438820.492.21$8,519
Jan 199730017323.483.54$7,656
Dec 199625816023.32$6,017
Nov 199614011821.97$3,076
Oct 1996373523.31$862
Sep 1996332622.22$733
Aug 1996282320.26$567
Jul 1996422619.55$821
Jun 1996372718.73$693
May 1996972119.43$1,885
Apr 199601021.51$0
Mar 19960019.38$0
Feb 199654016.98$917

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                   51 bbl  × $ 98.93 =     $5,045
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $5,045

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/14341 is the state's own key, not one this site invented.