UNIVERSITY 43-13

Name: UNIVERSITY 43-13 lease production and value, Dec 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 17745District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$48.5 M

Dec 2011 – Jun 2020

Value, last 12 filed months

$1.7 M

at the published price for each month

Months reported

103

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	425,656 bbl	$31,375,484
Casinghead gas	Production	5,507,100 Mcf	$17,125,426
Total			$48,500,910

Wells on this lease (8)

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 31.1239, -101.2568. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.12221, -101.25784 · 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%

8 of 8 wells

With a plug date

0.0%

0 of 8 wells

Median depth

6,999 ft

8 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

8100.0%

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, 8 of 8 wells. Median 6,999 ft, with the middle half between 6,896 and 7,014 ft; the shallowest is 6,676 ft and the deepest 7,017 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, 8 of 8 wells, Dec 2011 – Dec 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Dec 2011 – Dec 2014

8 of 8 wells

8 wells


42-23535938	7H	6,953 ft	Dec 2014	—	Yes
42-23535939	8H	6,676 ft	Nov 2014	—	Yes
42-23535253	3H	7,013 ft	Jun 2013	—	Yes
42-23535255	5H	7,000 ft	Jun 2013	—	Yes
42-23535251	2H	7,017 ft	Jun 2013	—	Yes
42-23535254	4H	7,016 ft	Jun 2013	—	Yes
42-23535257	6H	6,997 ft	Jun 2013	—	Yes
42-23534815	1H	6,726 ft	Dec 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 (103)

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

103 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	1,659	53,627	49.88	1.98	$188,968
Jan 2020	1,464	56,688	57.25	2.09	$202,561
Dec 2019	1,301	60,781	59.01	2.30	$216,833
Nov 2019	1,481	58,246	55.30	2.75	$242,117
Oct 2019	1,100	59,571	53.47	2.42	$202,892
Sep 2019	1,095	59,156	55.05	2.66	$217,474
Aug 2019	1,265	60,118	53.11	2.30	$205,718
Jul 2019	1,060	59,154	56.27	2.46	$205,169
Jun 2019	1,278	58,388	52.78	2.49	$212,909
May 2019	1,451	62,429	58.48	2.74	$255,930
Apr 2019	1,434	58,147	62.63	2.75	$249,756
Mar 2019	1,497	57,131	56.80	3.06	$259,970
Feb 2019	1,321	52,297	50.85	2.79	$213,198
Jan 2019	1,859	60,519	46.03	3.23	$280,936
Dec 2018	1,688	60,123	46.59	4.19	$330,285
Nov 2018	1,486	0	52.93	4.24	$78,654
Oct 2018	1,610	0	61.44	3.40	$98,918
Sep 2018	1,450	64,801	59.54	3.11	$287,735
Aug 2018	1,816	68,054	59.40	3.07	$316,562
Jul 2018	1,453	68,322	65.14	2.93	$294,960
Jun 2018	1,996	62,328	60.18	3.08	$311,898
May 2018	1,087	65,248	65.38	2.90	$260,339
Apr 2018	1,834	62,872	63.84	2.90	$299,462
Mar 2018	2,005	69,000	61.22	2.79	$315,038
Feb 2018	1,494	60,584	61.78	2.77	$259,882
Jan 2018	2,410	67,255	62.87	4.01	$421,164
Dec 2017	2,048	74,027	57.27	2.92	$333,560
Nov 2017	1,854	71,399	55.42	3.12	$325,396
Oct 2017	2,014	76,058	49.29	2.98	$326,203
Sep 2017	2,046	68,467	47.52	3.09	$308,603
Aug 2017	1,830	71,707	45.37	3.00	$298,464
Jul 2017	2,554	75,515	43.87	3.09	$345,180
Jun 2017	1,652	71,995	42.49	3.09	$292,462
May 2017	2,209	72,358	45.37	3.26	$336,355
Apr 2017	2,526	70,879	47.93	3.21	$348,706
Mar 2017	2,395	70,792	46.77	2.98	$323,235
Feb 2017	2,356	55,784	50.45	2.95	$283,568
Jan 2017	2,963	60,750	49.41	3.42	$354,094
Dec 2016	2,414	58,440	48.76	3.72	$335,269
Nov 2016	2,726	66,359	42.49	2.64	$291,304
Oct 2016	2,786	81,960	46.19	3.09	$381,963
Sep 2016	2,692	71,952	41.55	3.10	$334,949
Aug 2016	3,046	78,460	41.44	2.92	$355,670
Jul 2016	3,700	83,203	41.62	2.92	$397,308
Jun 2016	3,684	89,005	45.35	2.69	$406,122
May 2016	3,837	96,411	42.52	1.99	$355,107
Apr 2016	3,623	89,413	36.56	1.99	$310,482
Mar 2016	3,968	93,904	33.01	1.79	$299,448
Feb 2016	3,869	81,523	26.47	2.06	$270,646
Jan 2016	5,754	79,567	27.35	2.36	$345,497
Dec 2015	3,839	69,925	32.36	2.00	$264,179
Nov 2015	3,792	64,291	38.79	2.17	$286,431
Oct 2015	4,357	79,387	43.55	2.43	$382,386
Sep 2015	4,621	78,267	42.99	2.76	$414,550
Aug 2015	5,290	86,306	40.16	2.87	$460,360
Jul 2015	5,933	90,056	48.15	2.95	$550,896
Jun 2015	6,117	88,374	56.15	2.88	$598,239
May 2015	6,443	70,776	55.21	2.96	$564,893
Apr 2015	7,395	68,867	49.82	2.71	$554,812
Mar 2015	8,942	70,276	42.89	2.93	$589,762
Feb 2015	7,592	44,184	44.66	2.98	$470,559
Jan 2015	9,894	47,786	43.43	3.10	$577,863
Dec 2014	13,512	57,808	54.69	3.59	$946,581
Nov 2014	4,601	25,102	70.46	4.25	$430,916
Oct 2014	4,059	58,039	78.30	3.90	$544,228
Sep 2014	4,367	35,258	86.16	4.05	$518,895
Aug 2014	5,754	74,130	89.39	4.04	$813,474
Jul 2014	4,687	38,709	96.56	4.18	$614,365
Jun 2014	4,998	86,017	98.16	4.74	$898,056
May 2014	5,234	79,972	94.73	4.73	$873,809
Apr 2014	6,758	40,920	95.94	4.81	$845,152
Mar 2014	6,147	63,485	95.89	5.06	$910,467
Feb 2014	7,638	51,490	97.40	6.19	$1,062,767
Jan 2014	9,256	56,405	90.40	4.86	$1,110,911
Dec 2013	11,659	53,671	91.82	4.35	$1,304,239
Nov 2013	7,866	55,452	88.85	3.74	$906,189
Oct 2013	11,550	67,372	97.42	3.78	$1,379,824
Sep 2013	14,460	83,312	104.11	3.72	$1,815,163
Aug 2013	19,998	92,407	104.25	3.52	$2,410,305
Jul 2013	33,717	86,662	102.52	3.72	$3,778,854
Jun 2013	22,843	78,801	94.40	3.93	$2,466,336
May 2013	145	0	94.83	4.15	$13,750
Apr 2013	335	5,002	93.96	4.28	$52,898
Mar 2013	404	9,838	93.62	3.91	$76,317
Feb 2013	642	9,095	91.23	3.42	$89,674
Jan 2013	2,174	8,681	91.60	3.42	$228,827
Dec 2012	1,622	7,706	86.77	3.42	$167,097
Nov 2012	1,810	9,845	86.95	3.62	$193,067
Oct 2012	1,664	10,217	89.38	3.40	$183,463
Sep 2012	2,292	10,905	94.67	2.92	$248,809
Aug 2012	1,690	11,768	92.66	2.91	$190,819
Jul 2012	2,232	13,510	85.13	3.02	$230,821
Jun 2012	1,958	12,749	79.82	2.52	$188,403
May 2012	2,670	16,039	91.61	2.49	$284,509
Apr 2012	3,024	17,046	101.65	2.00	$341,427
Mar 2012	3,870	8,646	105.05	2.22	$425,756
Feb 2012	5,780	10,143	101.10	2.57	$610,428
Jan 2012	8,248	20,622	98.09	2.73	$865,429
Dec 2011	3,637	7,014	96.87	3.24	$375,040

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                1,659 bbl  × $ 49.88 =    $82,751
Casinghead gas    53,627 Mcf  × $  1.98 =   $106,217

────────────────────────────────────────────────────
Month total                                 $188,968

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/17745 is the state's own key, not one this site invented.