UNIVERSITY 6-17

Operated by APACHE CORPORATION (P-5 27200) in the GRIERSON SPRING (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16987District 7CField 36953500OilCasinghead gasSaveExport
Value, all time
$839 k
Sep 2009 – Feb 2024
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
174
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 31 leases and 33 wells, and the rule below applies to all of them.

Discovered
1955-12-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-07-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 02/01/96.

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
OilDisposition4,735 bbl$362,595
Casinghead gasProduction130,367 Mcf$476,295
Total$838,890

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 31.0914, -101.7023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09144, -101.70233 · 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
8,450 ft
1 wells filed one
Completion to plug
18 months
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 8,450 ft.

Completions filed
May 2024
1 of 1 wells
Plug dates filed
Nov 2025
1 of 1 wells

Last completion to plug: a median of 18 months across the 1 well that filed both dates, with the middle half between 18 months and 18 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833477418,450 ftMay 2024Nov 2025Yes

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 (174)

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

174 months

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 2023156078.122.24$12,187
Mar 2023156072.852.39$11,365
Feb 20230075.112.47$0
Jan 202304676.533.39$156
Dec 2022033676.415.73$1,925
Nov 2022040785.005.65$2,298
Oct 2022052987.185.86$3,102
Sep 2022054384.888.16$4,433
Aug 2022058194.529.13$5,303
Jul 20220601101.587.54$4,533
Jun 20220618115.097.98$4,930
May 20220577109.378.43$4,866
Apr 2022186621104.226.84$23,631
Mar 20220585108.885.08$2,970
Feb 2022052891.054.86$2,565
Jan 2022043281.844.54$1,960
Dec 2021054671.323.90$2,129
Nov 2021054177.435.24$2,833
Oct 2021054279.795.71$3,097
Sep 2021048669.865.35$2,601
Aug 2021052966.024.22$2,233
Jul 2021058470.783.98$2,326
Jun 2021057169.493.38$1,930
May 202118267663.483.02$13,593
Apr 2021055960.362.76$1,542
Mar 2021053161.302.72$1,443
Feb 2021037757.805.55$2,092
Jan 2021049050.412.81$1,377
Dec 2020054144.642.68$1,447
Nov 2020060338.772.71$1,632
Oct 202019170736.972.48$8,814
Sep 2020069937.091.99$1,392
Aug 2020075739.982.39$1,806
Jul 2020072538.371.83$1,323
Jun 2020073934.901.69$1,249
May 2020078816.921.81$1,430
Apr 2020075514.751.80$1,362
Mar 2020060330.341.86$1,119
Feb 2020059649.881.98$1,180
Jan 2020066957.252.09$1,401
Dec 2019071559.012.30$1,648
Nov 2019055555.302.75$1,527
Oct 2019065553.472.42$1,584
Sep 2019056055.052.66$1,488
Aug 2019064253.112.30$1,479
Jul 2019087156.272.46$2,143
Jun 2019022852.782.49$568
May 2019055758.482.74$1,526
Apr 2019076262.632.75$2,096
Mar 201918369556.803.06$12,523
Feb 2019066150.852.79$1,846
Jan 2019066646.033.23$2,150
Dec 2018070746.594.19$2,959
Nov 2018070752.934.24$2,996
Oct 2018076261.443.40$2,589
Sep 201818545359.543.11$12,423
Aug 2018056059.403.07$1,717
Jul 2018049365.142.93$1,445
Jun 2018059460.183.08$1,828
May 2018064865.382.90$1,880
Apr 2018063163.842.90$1,830
Mar 2018070161.222.79$1,954
Feb 2018073661.782.77$2,036
Jan 2018074862.874.01$2,999
Dec 2017062357.272.92$1,820
Nov 2017074655.423.12$2,326
Oct 2017075849.292.98$2,262
Sep 2017070047.523.09$2,161
Aug 2017075045.373.00$2,253
Jul 2017081343.873.09$2,510
Jun 201737478342.493.09$18,309
May 2017081145.373.26$2,647
Apr 2017076347.933.21$2,450
Mar 2017078746.772.98$2,348
Feb 2017066750.452.95$1,969
Jan 2017076449.413.42$2,612
Dec 2016060548.763.72$2,252
Nov 2016066942.492.64$1,769
Oct 2016083546.193.09$2,580
Sep 2016080841.553.10$2,505
Aug 2016081341.442.92$2,377
Jul 2016089441.622.92$2,614
Jun 2016083145.352.69$2,232
May 2016090142.521.99$1,794
Apr 2016072536.561.99$1,444
Mar 2016077833.011.79$1,396
Feb 2016074426.472.06$1,535
Jan 2016064627.352.36$1,527
Dec 2015074532.362.00$1,491
Nov 2015061938.792.17$1,342
Oct 201501,01443.552.43$2,461
Sep 201502842.992.76$77
Aug 2015070540.162.87$2,025
Jul 201501,22148.152.95$3,596
Jun 2015060756.152.88$1,750
May 2015066555.212.96$1,965
Apr 201518367849.822.71$10,952
Mar 2015056842.892.93$1,667
Feb 2015054344.662.98$1,616
Jan 2015068643.433.10$2,127
Dec 2014068754.693.59$2,467
Nov 2014077870.464.25$3,308
Oct 2014161,11278.303.90$5,591
Sep 201420085486.164.05$20,687
Aug 2014181,32789.394.04$6,964
Jul 2014271,21796.564.18$7,694
Jun 201491,37698.164.74$7,401
May 2014201,27294.734.73$7,907
Apr 2014201,43495.944.81$8,815
Mar 20142011,80595.895.06$28,401
Feb 2014046997.406.19$2,904
Jan 20140090.404.86$0
Dec 201397291.824.35$1,140
Nov 201391,07388.853.74$4,811
Oct 2013271,18197.423.78$7,094
Sep 2013241,171104.113.72$6,852
Aug 20139899104.253.52$4,105
Jul 20132081,221102.523.72$25,864
Jun 2013231,05894.403.93$6,333
May 2013201,06494.834.15$6,311
Apr 2013191,65793.964.28$8,881
Mar 201381,01493.623.91$4,717
Feb 20131688591.233.42$4,486
Jan 2013899791.603.42$4,142
Dec 2012211,19286.773.42$5,899
Nov 20121951,32386.953.62$21,751
Oct 201281,32089.383.40$5,203
Sep 20122396994.672.92$5,005
Aug 201271,09392.662.91$3,827
Jul 20121083985.133.02$3,386
Jun 20121911,23779.822.52$18,362
May 201201,09191.612.49$2,715
Apr 20128489101.652.00$1,790
Mar 2012311,036105.052.22$5,559
Feb 201224928101.102.57$4,812
Jan 20122297298.092.73$4,816
Dec 20112290396.873.24$5,057
Nov 20111593695.723.31$4,535
Oct 20112031,04084.983.65$21,045
Sep 20112195783.623.99$5,570
Aug 201161,06483.404.15$4,915
Jul 20111288694.144.52$5,132
Jun 20112131,07892.904.64$24,789
May 2011151,22098.134.40$6,846
Apr 2011111,115105.964.33$5,997
Mar 20111058496.364.06$3,333
Feb 20111271885.644.18$4,029
Jan 20112588086.504.59$6,201
Dec 2010501,39585.734.35$10,352
Nov 2010341,35480.843.80$7,887
Oct 20102271,41778.103.51$22,701
Sep 2010301,39472.633.98$7,726
Aug 2010291,35173.684.42$8,107
Jul 2010151,49472.554.74$8,165
Jun 2010181,19370.364.91$7,125
May 2010241,43471.124.24$7,780
Apr 20102091,42381.694.12$22,940
Mar 2010241,30678.394.39$7,613
Feb 201081,12873.585.44$6,728
Jan 2010101,15274.365.96$7,614
Dec 20092191,12971.445.48$21,837
Nov 20091098074.593.75$4,422
Oct 20091697172.544.11$5,152
Sep 20092013565.543.06$1,725

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.

Apr 2023 — as filed, then multipliedworked
Oil                  156 bbl  × $ 78.12 =    $12,187
Casinghead gas         0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                  $12,187

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/16987 is the state's own key, not one this site invented.