UNIVERSITY 52-10

Name: UNIVERSITY 52-10 lease production and value, Sep 2011 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SABLE PERMIAN RESOURCES, LLC (P-5 742251) in the LIN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17634District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$89.2 M

Sep 2011 – Jun 2020

Value, last 12 filed months

$2.7 M

at the published price for each month

Months reported

106

no gaps in the span

Streams

oil, casinghead gas

The LIN (WOLFCAMP) 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 515 leases and 2,325 wells, and the rule below applies to all of them.

Discovered

1984-10-08

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 40 acres. The field rule took effect on 2014-04-21.

The Commission's schedule remark for this field reads: “PER DOCKET NO. 7C-0317412, LIN (WOLFCAMP) IS A UFT FIELD. PDD”

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	728,338 bbl	$58,035,245
Casinghead gas	Production	9,532,592 Mcf	$31,154,336
Total			$89,189,581

Wells on this lease (13)

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 31.0660, -101.0154. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.9 miles.

31.06678, -101.01556 · 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%

13 of 13 wells

With a plug date

0.0%

0 of 13 wells

Median depth

6,256 ft

13 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

13100.0%

A plug date is filed

00.0%

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

00.0%

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

Total depth in feet, 13 of 13 wells. Median 6,256 ft, with the middle half between 6,238 and 6,283 ft; the shallowest is 6,018 ft and the deepest 9,545 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 13 of 13 wells, Oct 2011 – Jun 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Oct 2011 – Jun 2023

13 of 13 wells

13 wells


42-10541508	1SW	9,545 ft	Jun 2023	—	Yes
42-10541602	7H	6,283 ft	Sep 2013	—	Yes
42-10541608	8H	6,288 ft	Sep 2013	—	Yes
42-10541740	11H	6,242 ft	Sep 2013	—	Yes
42-10541741	12H	6,272 ft	Aug 2013	—	Yes
42-10541603	10H	6,282 ft	Aug 2013	—	Yes
42-10541610	9H	6,324 ft	Apr 2013	—	Yes
42-10541616	6H	6,242 ft	Apr 2013	—	Yes
42-10541614	5H	6,238 ft	Apr 2013	—	Yes
42-10541576	4H	6,216 ft	Mar 2013	—	Yes
42-10541563	3H	6,018 ft	Jan 2013	—	Yes
42-10541440	2H	6,124 ft	Jul 2012	—	Yes
42-10541276	1H	6,256 ft	Oct 2011	—	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 (106)

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

106 months


Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	2,849	102,074	49.88	1.98	$344,283
Jan 2020	2,046	82,558	57.25	2.09	$290,071
Dec 2019	1,472	93,365	59.01	2.30	$302,009
Nov 2019	1,662	100,370	55.30	2.75	$367,996
Oct 2019	1,462	100,092	53.47	2.42	$320,250
Sep 2019	1,817	99,982	55.05	2.66	$365,706
Aug 2019	1,812	104,936	53.11	2.30	$338,046
Jul 2019	1,464	99,546	56.27	2.46	$327,268
Jun 2019	1,798	96,172	52.78	2.49	$334,482
May 2019	1,970	102,004	58.48	2.74	$394,729
Apr 2019	1,779	96,833	62.63	2.75	$377,777
Mar 2019	2,402	98,923	56.80	3.06	$439,346
Feb 2019	1,807	88,623	50.85	2.79	$339,341
Jan 2019	2,686	100,596	46.03	3.23	$448,379
Dec 2018	2,660	96,871	46.59	4.19	$529,377
Nov 2018	2,847	92,032	52.93	4.24	$540,653
Oct 2018	1,831	101,724	61.44	3.40	$458,163
Sep 2018	1,711	83,841	59.54	3.11	$362,451
Aug 2018	2,378	110,150	59.40	3.07	$479,035
Jul 2018	2,034	111,631	65.14	2.93	$459,783
Jun 2018	2,320	112,071	60.18	3.08	$484,451
May 2018	2,547	116,143	65.38	2.90	$503,430
Apr 2018	2,777	101,022	63.84	2.90	$470,328
Mar 2018	2,706	96,035	61.22	2.79	$433,296
Feb 2018	2,414	84,768	61.78	2.77	$383,615
Jan 2018	3,523	92,612	62.87	4.01	$592,802
Dec 2017	2,299	95,809	57.27	2.92	$411,572
Nov 2017	3,494	96,152	55.42	3.12	$493,474
Oct 2017	3,311	100,333	49.29	2.98	$462,561
Sep 2017	2,370	58,084	47.52	3.09	$291,944
Aug 2017	3,462	96,712	45.37	3.00	$447,632
Jul 2017	3,642	91,359	43.87	3.09	$441,825
Jun 2017	2,114	80,818	42.49	3.09	$339,332
May 2017	2,559	87,609	45.37	3.26	$402,005
Apr 2017	3,444	89,329	47.93	3.21	$451,960
Mar 2017	3,789	98,244	46.77	2.98	$470,340
Feb 2017	2,289	81,372	50.45	2.95	$355,739
Jan 2017	4,188	101,537	49.41	3.42	$554,064
Dec 2016	3,819	103,087	48.76	3.72	$569,990
Nov 2016	2,921	102,220	42.49	2.64	$394,419
Oct 2016	4,787	127,178	46.19	3.09	$614,125
Sep 2016	3,308	110,862	41.55	3.10	$481,189
Aug 2016	3,255	121,281	41.44	2.92	$489,554
Jul 2016	3,183	121,779	41.62	2.92	$488,600
Jun 2016	3,672	121,936	45.35	2.69	$494,025
May 2016	4,179	123,930	42.52	1.99	$424,441
Apr 2016	3,992	126,507	36.56	1.99	$397,828
Mar 2016	4,899	146,935	33.01	1.79	$425,319
Feb 2016	5,247	122,418	26.47	2.06	$391,514
Jan 2016	4,417	124,603	27.35	2.36	$415,411
Dec 2015	5,691	96,968	32.36	2.00	$378,233
Nov 2015	5,494	98,334	38.79	2.17	$426,234
Oct 2015	5,509	98,625	43.55	2.43	$479,238
Sep 2015	4,907	105,663	42.99	2.76	$502,415
Aug 2015	5,805	109,349	40.16	2.87	$547,233
Jul 2015	5,826	122,483	48.15	2.95	$641,244
Jun 2015	6,517	131,938	56.15	2.88	$746,288
May 2015	6,504	142,740	55.21	2.96	$780,947
Apr 2015	8,036	125,494	49.82	2.71	$740,012
Mar 2015	8,225	133,414	42.89	2.93	$744,302
Feb 2015	7,657	111,578	44.66	2.98	$674,039
Jan 2015	8,500	94,873	43.43	3.10	$663,321
Dec 2014	9,737	92,955	54.69	3.59	$866,351
Nov 2014	6,476	82,990	70.46	4.25	$809,159
Oct 2014	10,806	102,436	78.30	3.90	$1,245,709
Sep 2014	8,384	125,316	86.16	4.05	$1,229,324
Aug 2014	10,960	115,988	89.39	4.04	$1,447,740
Jul 2014	11,723	144,967	96.56	4.18	$1,737,877
Jun 2014	13,066	137,175	98.16	4.74	$1,932,340
May 2014	15,293	176,109	94.73	4.73	$2,281,096
Apr 2014	17,437	204,389	95.94	4.81	$2,655,837
Mar 2014	15,081	145,055	95.89	5.06	$2,179,631
Feb 2014	19,046	131,251	97.40	6.19	$2,667,787
Jan 2014	18,087	132,579	90.40	4.86	$2,279,494
Dec 2013	24,583	178,048	91.82	4.35	$3,032,518
Nov 2013	30,440	179,127	88.85	3.74	$3,374,221
Oct 2013	43,045	191,392	97.42	3.78	$4,916,783
Sep 2013	39,453	174,546	104.11	3.72	$4,756,368
Aug 2013	33,955	144,475	104.25	3.52	$4,048,738
Jul 2013	3,646	11,213	102.52	3.72	$415,475
Jun 2013	27,759	137,411	94.40	3.93	$3,160,943
May 2013	45,951	135,119	94.83	4.15	$4,918,153
Apr 2013	22,183	50,257	93.96	4.28	$2,299,545
Mar 2013	1,562	2,395	93.62	3.91	$155,606
Feb 2013	8,385	43,357	91.23	3.42	$913,241
Jan 2013	13,811	31,615	91.60	3.42	$1,373,208
Dec 2012	3,933	16,721	86.77	3.42	$398,455
Nov 2012	3,951	22,979	86.95	3.62	$426,837
Oct 2012	5,250	16,542	89.38	3.40	$525,483
Sep 2012	4,174	20,897	94.67	2.92	$456,138
Aug 2012	9,507	43,908	92.66	2.91	$1,008,610
Jul 2012	11,694	19,587	85.13	3.02	$1,054,679
Jun 2012	696	4,251	79.82	2.52	$66,263
May 2012	1,363	7,007	91.61	2.49	$142,300
Apr 2012	703	7,863	101.65	2.00	$87,161
Mar 2012	1,586	993	105.05	2.22	$168,816
Feb 2012	2,131	5,628	101.10	2.57	$229,909
Jan 2012	1,253	9,020	98.09	2.73	$147,568
Dec 2011	2,802	9,165	96.87	3.24	$301,122
Nov 2011	1,218	1,627	95.72	3.31	$121,974
Oct 2011	4,872	9,712	84.98	3.65	$449,457
Sep 2011	2,251	0	83.62	3.99	$188,229

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.

Feb 2020 — as filed, then multipliedworked

Oil                2,849 bbl  × $ 49.88 =   $142,108
Casinghead gas   102,074 Mcf  × $  1.98 =   $202,175

────────────────────────────────────────────────────
Month total                                 $344,283

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/17634 is the state's own key, not one this site invented.