UNIVERSITY 7-15

Operated by EOG RESOURCES, INC. (P-5 253162) in the GRIERSON SPRING (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14720District 7CField 36953125OilSaveExport
Value, all time
$623 k
Dec 1997 – Oct 2003
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
71
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1997-11-29
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition36,465 bbl$622,778
Total$622,778

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 31.0947, -101.6324. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09468, -101.63238 · 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
8,755 ft
1 wells filed one
Completion to plug
5.6 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 8,755 ft.

Completions filed
Nov 1997
1 of 1 wells
Plug dates filed
Jun 2003
1 of 1 wells

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833487518,755 ftNov 1997Jun 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 (71)

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

71 months

Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 20034229.415.17$1,235
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 200212425.963.16$3,219
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 200242518.222.38$7,744
Jan 20027017.172.38$1,202
Dec 2001016.932.36$0
Nov 200119718.072.41$3,560
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 200119524.873.05$4,850
Jul 200138423.933.20$9,189
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 200119224.685.34$4,739
Mar 200159024.545.38$14,479
Feb 200137627.755.77$10,434
Jan 200138727.478.40$10,631
Dec 200019026.889.12$5,107
Nov 2000032.215.66$0
Oct 200057831.235.15$18,051
Sep 200038831.875.19$12,366
Aug 200037429.644.54$11,085
Jul 200057528.534.09$16,405
Jun 200056929.304.40$16,672
May 200077827.263.68$21,208
Apr 200038424.513.12$9,412
Mar 20001,14828.422.86$32,626
Feb 200039127.622.73$10,799
Jan 200039625.272.48$10,007
Dec 199939324.282.42$9,542
Nov 199957323.192.43$13,288
Oct 199976420.982.80$16,029
Sep 199957421.752.62$12,485
Aug 199976219.262.88$14,676
Jul 199974117.892.37$13,256
Jun 199919315.942.36$3,076
May 199938715.792.32$6,111
Apr 199919115.102.21$2,884
Mar 1999012.471.84$0
Feb 19995489.981.82$5,469
Jan 199953410.381.90$5,543
Dec 19987289.201.77$6,698
Nov 199872510.892.19$7,895
Oct 19981,58912.421.97$19,735
Sep 199879112.592.08$9,959
Aug 19981,24011.301.91$14,012
Jul 19981,60911.742.24$18,890
Jun 19981,44111.242.24$16,197
May 19982,15312.622.21$27,171
Apr 19982,17313.042.51$28,336
Mar 19982,73012.802.31$34,944
Feb 19981,98713.952.30$27,719
Jan 19983,63814.702.15$53,479
Dec 19971,24816.322.41$20,367

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.

Jul 2003 — as filed, then multipliedworked
Oil                   42 bbl  × $ 29.41 =     $1,235

────────────────────────────────────────────────────
Month total                                   $1,235

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/14720 is the state's own key, not one this site invented.