UNIVERSITY "6"

Operated by CHEVRON MIDCONTINENT, L.P. (P-5 147862) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15723District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.5 M
May 2005 – Mar 2012
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
83
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition18,572 bbl$1,205,309
Casinghead gasProduction48,650 Mcf$329,073
Total$1,534,382

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 31.2783, -101.8825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27834, -101.88248 · 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
10,070 ft
1 wells filed one
Completion to plug
6.4 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 10,070 ft.

Completions filed
May 2005
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46134737110,070 ftMay 2005Oct 2011Yes

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 (83)

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

83 months

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 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110194.144.52$5
Jun 201118530092.904.64$18,578
May 2011026998.134.40$1,185
Apr 2011178318105.964.33$20,239
Mar 201118934996.364.06$19,628
Feb 2011033185.644.18$1,384
Jan 2011034986.504.59$1,601
Dec 201018734585.734.35$17,531
Nov 201017839780.843.80$15,896
Oct 2010043278.103.51$1,516
Sep 201017835372.633.98$14,333
Aug 2010043373.684.42$1,914
Jul 201018441172.554.74$15,296
Jun 2010038970.364.91$1,910
May 201016847771.124.24$13,968
Apr 201018844981.694.12$17,209
Mar 2010043478.394.39$1,905
Feb 201018139573.585.44$15,468
Jan 201017733674.365.96$15,166
Dec 2009040671.445.48$2,226
Nov 200918344474.593.75$15,316
Oct 200918447572.544.11$15,300
Sep 200918147765.543.06$13,325
Aug 200918349867.423.22$13,941
Jul 200918150861.133.46$12,825
Jun 2009149166.163.90$1,979
May 200918351254.743.93$12,027
Apr 200917951046.773.59$10,201
Mar 2009055242.144.06$2,241
Feb 200918446532.814.63$8,191
Jan 200919047835.865.37$9,381
Dec 200838246937.105.98$16,975
Nov 2008045755.496.86$3,135
Oct 200836848275.246.92$31,025
Sep 20080153101.767.88$1,205
Aug 20080274114.228.48$2,324
Jul 2008355295131.0811.39$49,893
Jun 2008182406131.3313.03$29,193
May 2008174365123.1711.57$25,656
Apr 2008030110.3110.45$314
Mar 20080187101.909.66$1,807
Feb 200834957992.538.77$37,371
Jan 200817042890.388.21$18,877
Dec 200735327288.337.30$33,167
Nov 200718132791.677.29$18,977
Oct 20070682.856.92$42
Sep 200718139475.846.24$16,187
Aug 200717860569.066.39$16,157
Jul 200735559270.906.39$28,951
Jun 200717559562.007.55$15,341
May 200736976058.747.85$27,638
Apr 200718656159.617.81$15,466
Mar 200717874756.927.30$15,586
Feb 200717755455.108.22$14,304
Jan 200736353650.306.73$21,864
Dec 200636570156.656.92$25,527
Nov 200636567454.207.62$24,917
Oct 200618379654.906.01$14,834
Sep 200617767460.085.04$14,029
Aug 200654192968.717.34$43,991
Jul 20061771,25869.376.34$20,258
Jun 20063611,29666.286.38$32,201
May 20063582,96166.016.42$42,656
Apr 20065432,67564.397.36$54,653
Mar 20063642,06056.707.08$35,230
Feb 200654163757.597.75$36,094
Jan 200636563360.598.93$27,770
Dec 200536264754.9413.42$28,568
Nov 200535142354.6910.59$23,675
Oct 200535946958.3413.80$27,414
Sep 200574361861.4512.08$53,122
Aug 200572895861.519.80$54,165
Jul 20057051,67355.697.84$52,384
Jun 20051,0673,15552.337.38$79,123
May 20051,5992,75545.226.65$90,631

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 2011 — as filed, then multipliedworked
Oil                    0 bbl  × $ 94.14 =         $0
Casinghead gas         1 Mcf  × $  4.52 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/15723 is the state's own key, not one this site invented.