UNIVERSITY 2 "K"

Operated by EXTEX OPERATING COMPANY (P-5 257062) 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 15015District 7CField 30243500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$304 k
Jul 2000 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
311
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
OilDisposition5,980 bbl$284,446
Casinghead gasProduction4,429 Mcf$19,257
Total$303,703

Wells on this lease (3)

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 31.3245, -101.9890. A lease has no coordinate of its own — that point is the mean of its wells, and they span 55.1 miles, so treat it as the lease's centre and not as its location.

31.26125, -101.83385 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
3,865 ft
3 wells filed one
Completion to plug
29.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 2,600 and 3,920 ft, median 3,865 ft, over the 3 wells that filed a depth.

Completions filed
Apr 1960 – Jul 2000
2 of 3 wells; 1 filed none
Plug dates filed
Dec 1989
2 of 3 wells; 1 filed none

Last completion to plug: a median of 29.7 years across the 1 well that filed both dates, with the middle half between 29.7 years and 29.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4610134413,865 ftDec 1989Yes
42-105383371G2,600 ftJul 2000
42-4610134523,920 ftApr 1960Dec 1989Yes

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 (311)

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

311 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201603941.553.10$121
Aug 201637041.442.92$1,533
Jul 201605041.622.92$146
Jun 201605245.352.69$140
May 201605042.521.99$100
Apr 201606136.561.99$121
Mar 201603533.011.79$63
Feb 2016682426.472.06$1,849
Jan 201602227.352.36$52
Dec 201501932.362.00$38
Nov 201501338.792.17$28
Oct 201501543.552.43$36
Sep 201501542.992.76$41
Aug 201502340.162.87$66
Jul 201501748.152.95$50
Jun 201501356.152.88$37
May 2015572355.212.96$3,215
Apr 201502249.822.71$60
Mar 201501942.892.93$56
Feb 201501844.662.98$54
Jan 201502043.433.10$62
Dec 201401654.693.59$57
Nov 201402070.464.25$85
Oct 2014521978.303.90$4,146
Sep 201401786.164.05$69
Aug 201401989.394.04$77
Jul 2014551496.564.18$5,369
Jun 201402098.164.74$95
May 20140894.734.73$38
Apr 201401795.944.81$82
Mar 201401695.895.06$81
Feb 201403197.406.19$192
Jan 2014571590.404.86$5,226
Dec 201301191.824.35$48
Nov 201302088.853.74$75
Oct 201301497.423.78$53
Sep 2013017104.113.72$63
Aug 2013011104.253.52$39
Jul 20135513102.523.72$5,687
Jun 201302394.403.93$90
May 20130894.834.15$33
Apr 201302193.964.28$90
Mar 201302493.623.91$94
Feb 201301991.233.42$65
Jan 201302391.603.42$79
Dec 2012522086.773.42$4,580
Nov 201202486.953.62$87
Oct 201202889.383.40$95
Sep 201202594.672.92$73
Aug 2012682792.662.91$6,379
Jul 201202885.133.02$85
Jun 20120079.822.52$0
May 201256091.612.49$5,130
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201160484.983.65$5,113
Sep 20110483.623.99$16
Aug 20110083.404.15$0
Jul 201159094.144.52$5,554
Jun 201101392.904.64$60
May 201101498.134.40$62
Apr 20115517105.964.33$5,901
Mar 201101596.364.06$61
Feb 201101285.644.18$50
Jan 2011762386.504.59$6,680
Dec 201001985.734.35$83
Nov 201001880.843.80$68
Oct 2010561678.103.51$4,430
Sep 201002772.633.98$107
Aug 2010572473.684.42$4,306
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201056071.124.24$3,983
Apr 20100081.694.12$0
Mar 201042078.394.39$3,292
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200943074.593.75$3,207
Oct 20090072.544.11$0
Sep 200942065.543.06$2,753
Aug 20090067.423.22$0
Jul 200942061.133.46$2,567
Jun 20090066.163.90$0
May 200946054.743.93$2,518
Apr 20090046.773.59$0
Mar 200942042.144.06$1,770
Feb 20090032.814.63$0
Jan 200944035.865.37$1,578
Dec 200843037.105.98$1,595
Nov 20080055.496.86$0
Oct 200842075.246.92$3,160
Sep 200800101.767.88$0
Aug 2008420114.228.48$4,797
Jul 20084418131.0811.39$5,973
Jun 2008021131.3313.03$274
May 20084311123.1711.57$5,424
Apr 2008422110.3110.45$4,654
Mar 200801101.909.66$10
Feb 200844092.538.77$4,071
Jan 200843090.388.21$3,886
Dec 20070088.337.30$0
Nov 200745091.677.29$4,125
Oct 200744082.856.92$3,645
Sep 20070075.846.24$0
Aug 200744069.066.39$3,039
Jul 200745070.906.39$3,191
Jun 200743162.007.55$2,674
May 20070058.747.85$0
Apr 200745159.617.81$2,690
Mar 200731256.927.30$1,779
Feb 20070055.108.22$0
Jan 2007341050.306.73$1,777
Dec 200601556.656.92$104
Nov 2006331754.207.62$1,918
Oct 2006341454.906.01$1,951
Sep 200601360.085.04$65
Aug 2006341768.717.34$2,461
Jul 2006351869.376.34$2,542
Jun 2006351166.286.38$2,390
May 200601966.016.42$122
Apr 2006341164.397.36$2,270
Mar 2006342156.707.08$2,077
Feb 200635957.597.75$2,085
Jan 200601160.598.93$98
Dec 200533854.9413.42$1,920
Nov 200536054.6910.59$1,969
Oct 200534058.3413.80$1,984
Sep 200535561.4512.08$2,211
Aug 200534561.519.80$2,140
Jul 20050155.697.84$8
Jun 200563152.337.38$3,304
May 20050345.226.65$20
Apr 200533249.207.36$1,638
Mar 2005361350.377.15$1,906
Feb 200534445.226.31$1,563
Jan 200536043.166.32$1,554
Dec 2004351239.866.75$1,476
Nov 2004292245.286.33$1,452
Oct 2004362549.706.52$1,952
Sep 2004361843.245.28$1,652
Aug 2004361842.375.55$1,625
Jul 200435838.286.08$1,388
Jun 200435836.106.43$1,315
May 2004361537.486.49$1,447
Apr 2004362734.475.86$1,399
Mar 2004363134.365.53$1,408
Feb 2004311932.455.51$1,111
Jan 2004363532.036.30$1,374
Dec 2003351630.266.30$1,160
Nov 2003672328.804.60$2,035
Oct 2003362828.174.76$1,147
Sep 2003353726.314.75$1,097
Aug 2003343729.765.13$1,202
Jul 2003355429.415.17$1,309
Jun 2003355028.565.98$1,299
May 2003355626.595.97$1,265
Apr 2003354226.675.41$1,161
Mar 2003365131.146.10$1,432
Feb 2003735033.487.93$2,840
Jan 2003366030.315.58$1,426
Dec 2002365626.914.85$1,241
Nov 2002366024.664.14$1,136
Oct 2002354826.464.23$1,129
Sep 2002707027.443.64$2,175
Aug 2002357025.963.16$1,130
Jul 2002357824.583.06$1,099
Jun 2002716023.733.34$1,885
May 2002367824.663.58$1,167
Apr 2002717123.653.51$1,929
Mar 2002358122.003.10$1,021
Feb 2002367418.222.38$832
Jan 2002738117.172.38$1,446
Dec 2001728416.932.36$1,418
Nov 2001327018.072.41$747
Oct 20017110719.782.53$1,675
Sep 20017211024.262.25$1,994
Aug 2001726124.873.05$1,977
Jul 20017112123.933.20$2,086
Jun 20013610924.563.82$1,301
May 200110411525.524.31$3,149
Apr 20017212224.685.34$2,428
Mar 20017212124.545.38$2,417
Feb 20017310927.755.77$2,654
Jan 200110812227.478.40$3,991
Dec 2000110026.889.12$2,957
Nov 2000108032.215.66$3,479
Oct 2000145031.235.15$4,528
Sep 2000143031.875.19$4,557
Aug 2000238029.644.54$7,054
Jul 2000304028.534.09$8,673

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.

Sep 2016 — as filed, then multipliedworked
Oil                    0 bbl  × $ 41.55 =         $0
Casinghead gas        39 Mcf  × $  3.10 =       $121

────────────────────────────────────────────────────
Month total                                     $121

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/15015 is the state's own key, not one this site invented.