UNIVERSITY 2A

Operated by MILLENNIUM RESOURCES, LLC. (P-5 567493) 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 14460District 7CField 30243500Hydrogen sulphide fieldOilSaveExport
Value, all time
$19 k
Aug 1996 – Jan 2003
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
78
no gaps in the span
Streams
1
oil

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
OilDisposition950 bbl$19,124
Total$19,124

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 30.9841, -101.4069. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.98410, -101.40687 · 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
2,711 ft
1 wells filed one
Completion to plug
18.6 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 2,711 ft.

Completions filed
Feb 1984
1 of 1 wells
Plug dates filed
Sep 2002
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-105346702A2,711 ftFeb 1984Sep 2002Yes

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 (78)

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

78 months

Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002824.664.14$197
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 20025223.733.34$1,234
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 20025618.222.38$1,020
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 20015719.782.53$1,127
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 20015624.563.82$1,375
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 20015627.755.77$1,554
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 20005932.215.66$1,900
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 20005329.304.40$1,553
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 20005727.622.73$1,574
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 19993823.192.43$881
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 19995815.792.32$916
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 19995910.381.90$612
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 19985212.592.08$655
Aug 1998011.301.91$0
Jul 19985611.742.24$657
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 19985612.802.31$717
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 19975616.322.41$914
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 19975617.742.95$993
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 19975818.972.31$1,100
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996720.26$142

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 2002 — as filed, then multipliedworked
Oil                    8 bbl  × $ 24.66 =       $197

────────────────────────────────────────────────────
Month total                                     $197

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/14460 is the state's own key, not one this site invented.