UNIVERSITY -24B-

Name: UNIVERSITY -24B- lease production and value, Mar 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by APACHE CORPORATION (P-5 27200) 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 16161District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$2.4 M

Mar 2007 – Dec 2021

Value, last 12 filed months

$507

at the published price for each month

Months reported

178

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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.

Stream	Basis	Volume	Value
Oil	Disposition	25,898 bbl	$1,998,849
Casinghead gas	Production	82,644 Mcf	$382,142
Total			$2,380,992

Wells on this lease (2)

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 31.3123, -101.6046. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.31228, -101.60459 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

8,159 ft

2 wells filed one

Completion to plug

27.9 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 7,790 and 8,528 ft, median 8,159 ft, over the 2 wells that filed a depth.

Completions filed

May 1974 – Dec 2006

2 of 2 wells

Plug dates filed

Apr 2015 – Nov 2021

2 of 2 wells

Last completion to plug: a median of 27.9 years across the 2 wells that filed both dates, with the middle half between 21.4 years and 34.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38335862	12TM	8,528 ft	Dec 2006	Nov 2021	Yes
42-38330427	2	7,790 ft	May 1974	Apr 2015	Yes

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 (178)

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

178 months


Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	8	0	61.30	2.72	$490
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	6	50.41	2.81	$17
Dec 2020	16	12	44.64	2.68	$746
Nov 2020	0	16	38.77	2.71	$43
Oct 2020	26	14	36.97	2.48	$996
Sep 2020	0	10	37.09	1.99	$20
Aug 2020	29	26	39.98	2.39	$1,221
Jul 2020	31	16	38.37	1.83	$1,219
Jun 2020	10	17	34.90	1.69	$378
May 2020	0	45	16.92	1.81	$82
Apr 2020	10	26	14.75	1.80	$194
Mar 2020	0	9	30.34	1.86	$17
Feb 2020	39	45	49.88	1.98	$2,034
Jan 2020	29	43	57.25	2.09	$1,750
Dec 2019	53	54	59.01	2.30	$3,252
Nov 2019	52	126	55.30	2.75	$3,222
Oct 2019	81	143	53.47	2.42	$4,677
Sep 2019	51	96	55.05	2.66	$3,063
Aug 2019	58	87	53.11	2.30	$3,281
Jul 2019	56	137	56.27	2.46	$3,488
Jun 2019	27	109	52.78	2.49	$1,697
May 2019	77	75	58.48	2.74	$4,708
Apr 2019	12	56	62.63	2.75	$906
Mar 2019	41	10	56.80	3.06	$2,359
Feb 2019	45	29	50.85	2.79	$2,369
Jan 2019	60	31	46.03	3.23	$2,862
Dec 2018	72	56	46.59	4.19	$3,589
Nov 2018	53	97	52.93	4.24	$3,216
Oct 2018	60	115	61.44	3.40	$4,077
Sep 2018	35	179	59.54	3.11	$2,640
Aug 2018	38	204	59.40	3.07	$2,883
Jul 2018	41	180	65.14	2.93	$3,198
Jun 2018	82	62	60.18	3.08	$5,126
May 2018	71	196	65.38	2.90	$5,211
Apr 2018	57	215	63.84	2.90	$4,263
Mar 2018	70	128	61.22	2.79	$4,642
Feb 2018	60	139	61.78	2.77	$4,091
Jan 2018	63	255	62.87	4.01	$4,983
Dec 2017	49	302	57.27	2.92	$3,689
Nov 2017	71	281	55.42	3.12	$4,811
Oct 2017	58	247	49.29	2.98	$3,596
Sep 2017	54	176	47.52	3.09	$3,109
Aug 2017	33	198	45.37	3.00	$2,092
Jul 2017	87	281	43.87	3.09	$4,684
Jun 2017	67	258	42.49	3.09	$3,643
May 2017	82	225	45.37	3.26	$4,455
Apr 2017	49	284	47.93	3.21	$3,261
Mar 2017	72	514	46.77	2.98	$4,901
Feb 2017	59	350	50.45	2.95	$4,010
Jan 2017	36	102	49.41	3.42	$2,127
Dec 2016	67	276	48.76	3.72	$4,294
Nov 2016	19	132	42.49	2.64	$1,156
Oct 2016	70	341	46.19	3.09	$4,287
Sep 2016	60	331	41.55	3.10	$3,519
Aug 2016	50	277	41.44	2.92	$2,882
Jul 2016	63	153	41.62	2.92	$3,069
Jun 2016	81	196	45.35	2.69	$4,200
May 2016	71	265	42.52	1.99	$3,547
Apr 2016	99	200	36.56	1.99	$4,018
Mar 2016	97	215	33.01	1.79	$3,588
Feb 2016	92	332	26.47	2.06	$3,120
Jan 2016	206	349	27.35	2.36	$6,459
Dec 2015	136	198	32.36	2.00	$4,797
Nov 2015	65	44	38.79	2.17	$2,617
Oct 2015	117	159	43.55	2.43	$5,481
Sep 2015	3	22	42.99	2.76	$190
Aug 2015	5	276	40.16	2.87	$994
Jul 2015	0	262	48.15	2.95	$772
Jun 2015	0	314	56.15	2.88	$905
May 2015	0	286	55.21	2.96	$845
Apr 2015	0	240	49.82	2.71	$650
Mar 2015	0	267	42.89	2.93	$784
Feb 2015	0	305	44.66	2.98	$908
Jan 2015	1	334	43.43	3.10	$1,079
Dec 2014	23	311	54.69	3.59	$2,375
Nov 2014	71	474	70.46	4.25	$7,018
Oct 2014	127	529	78.30	3.90	$12,008
Sep 2014	108	473	86.16	4.05	$11,219
Aug 2014	87	530	89.39	4.04	$9,916
Jul 2014	134	583	96.56	4.18	$15,376
Jun 2014	123	615	98.16	4.74	$14,987
May 2014	121	611	94.73	4.73	$14,350
Apr 2014	99	525	95.94	4.81	$12,023
Mar 2014	101	572	95.89	5.06	$12,577
Feb 2014	84	467	97.40	6.19	$11,073
Jan 2014	121	545	90.40	4.86	$13,587
Dec 2013	93	588	91.82	4.35	$11,100
Nov 2013	78	533	88.85	3.74	$8,923
Oct 2013	109	623	97.42	3.78	$12,973
Sep 2013	115	578	104.11	3.72	$14,122
Aug 2013	135	392	104.25	3.52	$15,455
Jul 2013	128	393	102.52	3.72	$14,584
Jun 2013	131	400	94.40	3.93	$13,940
May 2013	134	381	94.83	4.15	$14,288
Apr 2013	134	404	93.96	4.28	$14,321
Mar 2013	116	334	93.62	3.91	$12,167
Feb 2013	145	554	91.23	3.42	$15,123
Jan 2013	211	638	91.60	3.42	$21,510
Dec 2012	196	626	86.77	3.42	$19,148
Nov 2012	170	666	86.95	3.62	$17,196
Oct 2012	182	717	89.38	3.40	$18,705
Sep 2012	82	350	94.67	2.92	$8,784
Aug 2012	89	498	92.66	2.91	$9,695
Jul 2012	143	738	85.13	3.02	$14,403
Jun 2012	115	743	79.82	2.52	$11,051
May 2012	129	776	91.61	2.49	$13,749
Apr 2012	137	779	101.65	2.00	$15,482
Mar 2012	128	865	105.05	2.22	$15,369
Feb 2012	193	648	101.10	2.57	$21,178
Jan 2012	280	724	98.09	2.73	$29,445
Dec 2011	221	693	96.87	3.24	$23,653
Nov 2011	249	716	95.72	3.31	$26,205
Oct 2011	238	791	84.98	3.65	$23,111
Sep 2011	247	844	83.62	3.99	$24,018
Aug 2011	223	911	83.40	4.15	$22,378
Jul 2011	238	903	94.14	4.52	$26,484
Jun 2011	224	817	92.90	4.64	$24,600
May 2011	248	967	98.13	4.40	$28,596
Apr 2011	346	1,205	105.96	4.33	$41,884
Mar 2011	422	1,366	96.36	4.06	$46,206
Feb 2011	322	1,100	85.64	4.18	$32,174
Jan 2011	475	1,355	86.50	4.59	$47,305
Dec 2010	445	1,308	85.73	4.35	$43,837
Nov 2010	372	1,011	80.84	3.80	$33,910
Oct 2010	343	1,144	78.10	3.51	$30,802
Sep 2010	393	1,255	72.63	3.98	$33,538
Aug 2010	339	1,150	73.68	4.42	$30,060
Jul 2010	202	622	72.55	4.74	$17,601
Jun 2010	218	464	70.36	4.91	$17,617
May 2010	194	496	71.12	4.24	$15,898
Apr 2010	206	485	81.69	4.12	$18,828
Mar 2010	233	485	78.39	4.39	$20,393
Feb 2010	201	423	73.58	5.44	$17,092
Jan 2010	228	470	74.36	5.96	$19,757
Dec 2009	216	567	71.44	5.48	$18,540
Nov 2009	146	568	74.59	3.75	$13,021
Oct 2009	234	650	72.54	4.11	$19,646
Sep 2009	296	749	65.54	3.06	$21,695
Aug 2009	296	761	67.42	3.22	$22,406
Jul 2009	296	955	61.13	3.46	$21,403
Jun 2009	337	2,156	66.16	3.90	$30,694
May 2009	294	3,053	54.74	3.93	$28,079
Apr 2009	317	678	46.77	3.59	$17,258
Mar 2009	272	565	42.14	4.06	$13,755
Feb 2009	92	612	32.81	4.63	$5,854
Jan 2009	370	1,123	35.86	5.37	$19,300
Dec 2008	169	370	37.10	5.98	$8,481
Nov 2008	350	703	55.49	6.86	$24,244
Oct 2008	286	780	75.24	6.92	$26,918
Sep 2008	205	559	101.76	7.88	$25,264
Aug 2008	269	817	114.22	8.48	$37,656
Jul 2008	267	699	131.08	11.39	$42,960
Jun 2008	254	586	131.33	13.03	$40,995
May 2008	270	600	123.17	11.57	$40,200
Apr 2008	260	536	110.31	10.45	$34,284
Mar 2008	257	531	101.90	9.66	$31,320
Feb 2008	317	533	92.53	8.77	$34,007
Jan 2008	447	1,308	90.38	8.21	$51,133
Dec 2007	502	1,267	88.33	7.30	$53,593
Nov 2007	477	1,413	91.67	7.29	$54,030
Oct 2007	548	740	82.85	6.92	$50,524
Sep 2007	613	901	75.84	6.24	$52,116
Aug 2007	428	807	69.06	6.39	$34,713
Jul 2007	67	1,005	70.90	6.39	$11,170
Jun 2007	396	831	62.00	7.55	$30,825
May 2007	456	845	58.74	7.85	$33,416
Apr 2007	461	563	59.61	7.81	$31,875
Mar 2007	502	593	56.92	7.30	$32,904

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.

Mar 2021 — as filed, then multipliedworked

Oil                    8 bbl  × $ 61.30 =       $490
Casinghead gas         0 Mcf  × $  2.72 =         $0

────────────────────────────────────────────────────
Month total                                     $490

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/16161 is the state's own key, not one this site invented.