UNIVERSITY LANDS 11-7

Operated by EARTHSTONE OPERATING, LLC (P-5 238732) in the SHEEP MOUNTAIN (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17852District 7CField 82857300OilCasinghead gasSaveExport
Value, all time
$2.8 M
Mar 2012 – Feb 2023
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
132
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 78 leases and 124 wells, and the rule below applies to all of them.

Discovered
2006-12-05
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2006-12-05.

The Commission's schedule remark for this field reads: CORRECTION OF CORRELATIVE INTERVAL 6436-9684. COVERS FROM THE

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
OilDisposition33,326 bbl$2,603,549
Casinghead gasProduction53,367 Mcf$178,305
Total$2,781,854

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 31.1919, -101.4831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.19195, -101.48315 · 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
9,511 ft
1 wells filed one
Completion to plug
10.6 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 9,511 ft.

Completions filed
Mar 2012
1 of 1 wells
Plug dates filed
Oct 2022
1 of 1 wells

Last completion to plug: a median of 10.6 years across the 1 well that filed both dates, with the middle half between 10.6 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833757019,511 ftMar 2012Oct 2022Yes

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 (132)

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

132 months

Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022156094.529.13$14,745
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022380109.378.43$4,156
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019179055.052.66$9,854
Aug 2019177053.112.30$9,400
Jul 2019181056.272.46$10,185
Jun 20193052.782.49$158
May 2019181058.482.74$10,585
Apr 2019186962.632.75$11,674
Mar 201912056.803.06$118
Feb 20191902950.852.79$9,742
Jan 20191854046.033.23$8,645
Dec 20181816146.594.19$8,688
Nov 20181866052.934.24$10,099
Oct 201806461.443.40$217
Sep 201818512659.543.11$11,407
Aug 201818612359.403.07$11,426
Jul 20181848865.142.93$12,244
Jun 20181808260.183.08$11,085
May 20181065.382.90$65
Apr 2018180063.842.90$11,491
Mar 2018179061.222.79$10,958
Feb 2018189061.782.77$11,676
Jan 2018242062.874.01$15,215
Dec 2017188057.272.92$10,767
Nov 2017182055.423.12$10,086
Oct 2017179049.292.98$8,823
Sep 201717934547.523.09$9,571
Aug 20170445.373.00$12
Jul 2017185643.873.09$8,134
Jun 2017180442.493.09$7,661
May 2017179445.373.26$8,134
Apr 2017184947.933.21$8,848
Mar 20171812146.772.98$8,528
Feb 201703150.452.95$92
Jan 20171873949.413.42$9,373
Dec 201637515248.763.72$18,851
Nov 2016011442.492.64$301
Oct 20163666746.193.09$17,113
Sep 201603341.553.10$102
Aug 2016183641.442.92$7,601
Jul 2016183041.622.92$7,616
Jun 201637218445.352.69$17,364
May 2016054442.521.99$1,083
Apr 201636568136.561.99$14,700
Mar 201636073733.011.79$13,206
Feb 2016075826.472.06$1,564
Jan 201636553327.352.36$11,243
Dec 2015062432.362.00$1,249
Nov 20153605738.792.17$14,088
Oct 20151844543.552.43$8,122
Sep 201536738242.992.76$16,831
Aug 2015049840.162.87$1,431
Jul 201536063148.152.95$19,192
Jun 201518569156.152.88$12,380
May 201517953855.212.96$11,473
Apr 201536280749.822.71$20,219
Mar 201518035942.892.93$8,774
Feb 2015011644.662.98$345
Jan 201536739543.433.10$17,164
Dec 201418648154.693.59$11,900
Nov 201418064770.464.25$15,434
Oct 201435480578.303.90$30,858
Sep 201418180086.164.05$18,831
Aug 201435888589.394.04$35,573
Jul 201417888096.564.18$20,866
Jun 201435986198.164.74$39,318
May 201435992594.734.73$38,380
Apr 201433291895.944.81$36,267
Mar 20143561,08095.895.06$39,598
Feb 201416861597.406.19$20,171
Jan 20145341,00090.404.86$53,134
Dec 201337041291.824.35$35,767
Nov 201335592988.853.74$35,015
Oct 20135301,21197.423.78$56,209
Sep 20133531,194104.113.72$41,190
Aug 2013733491104.253.52$78,145
Jul 2013182813102.523.72$21,681
Jun 201372976894.403.93$71,838
May 201353937194.834.15$52,653
Apr 201356193693.964.28$56,720
Mar 201354329393.623.91$51,982
Feb 201373598991.233.42$70,436
Jan 20137541,01491.603.42$72,534
Dec 20127411,52586.773.42$69,512
Nov 20129202,47886.953.62$88,977
Oct 20121,2743,84989.383.40$126,955
Sep 20129131,80494.672.92$91,699
Aug 20121,2612,93892.662.91$125,388
Jul 20121,8083,96485.133.02$165,889
Jun 20122,1633,96879.822.52$182,646
May 20122,5423,08091.612.49$240,537
Apr 20121,468326101.652.00$149,873
Mar 201200105.052.22$0

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.

Aug 2022 — as filed, then multipliedworked
Oil                  156 bbl  × $ 94.52 =    $14,745
Casinghead gas         0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                  $14,745

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/17852 is the state's own key, not one this site invented.