UNIVERSITY 49

Name: UNIVERSITY 49 lease production and value, Aug 2012 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 17919District 7CField 53613750OilCasinghead gasSave Export

Value, all time

$73.4 M

Aug 2012 – Jun 2020

Value, last 12 filed months

$3.1 M

at the published price for each month

Months reported

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	1,048,027 bbl	$65,911,287
Casinghead gas	Production	2,463,103 Mcf	$7,512,751
Total			$73,424,038

Wells on this lease (11)

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 31.0988, -101.4247. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.6 miles.

31.10482, -101.42639 · 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%

11 of 11 wells

With a plug date

9.1%

1 of 11 wells

Median depth

7,153 ft

11 wells filed one

Completion to plug

4.7 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

11100.0%

A plug date is filed

19.1%

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

19.1%

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, 11 of 11 wells. Median 7,153 ft, with the middle half between 6,874 and 7,359 ft; the shallowest is 3,334 ft and the deepest 7,564 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, 11 of 11 wells, Sep 2012 – 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

Sep 2012 – Jun 2023

11 of 11 wells

Plug dates filed

Jul 2018

1 of 11 wells; 10 filed none

Last completion to plug: a median of 4.7 years across the 1 well that filed both dates, with the middle half between 4.7 years and 4.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells


42-38337801	0903H	7,193 ft	Jun 2023	—	Yes
42-38337877	0901D	3,334 ft	Dec 2015	—	Yes
42-38339340	0917HS	6,844 ft	Sep 2015	—	Yes
42-38339324	0813HS	6,794 ft	May 2015	—	Yes
42-38338214	0911H	7,167 ft	Sep 2014	—	Yes
42-38338619	0905H	7,524 ft	Apr 2014	—	Yes
42-38338383	0808H	7,548 ft	Mar 2014	—	Yes
42-38338442	0809H	7,564 ft	Nov 2013	Jul 2018	Yes
42-38337720	0902H	6,904 ft	Jun 2013	—	Yes
42-38337704	0801H	7,153 ft	Nov 2012	—	Yes
42-38337681	0901H	7,085 ft	Sep 2012	—	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 (95)

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

95 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	6,453	26,099	49.88	1.98	$373,569
Jan 2020	6,255	30,107	57.25	2.09	$421,165
Dec 2019	5,794	30,420	59.01	2.30	$412,003
Nov 2019	5,516	29,561	55.30	2.75	$386,348
Oct 2019	5,640	29,122	53.47	2.42	$372,004
Sep 2019	5,265	32,689	55.05	2.66	$376,702
Aug 2019	5,687	34,293	53.11	2.30	$381,060
Jul 2019	5,683	36,439	56.27	2.46	$409,425
Jun 2019	7,577	32,592	52.78	2.49	$481,107
May 2019	5,611	31,253	58.48	2.74	$413,775
Apr 2019	6,389	26,914	62.63	2.75	$474,175
Mar 2019	5,652	33,652	56.80	3.06	$424,079
Feb 2019	7,947	32,858	50.85	2.79	$495,852
Jan 2019	6,817	32,377	46.03	3.23	$418,305
Dec 2018	6,975	36,259	46.59	4.19	$476,725
Nov 2018	8,248	35,144	52.93	4.24	$585,480
Oct 2018	4,967	29,667	61.44	3.40	$405,983
Sep 2018	7,322	40,292	59.54	3.11	$561,179
Aug 2018	6,949	39,327	59.40	3.07	$533,369
Jul 2018	7,734	40,255	65.14	2.93	$621,816
Jun 2018	7,408	40,672	60.18	3.08	$570,958
May 2018	8,455	42,349	65.38	2.90	$675,634
Apr 2018	7,332	37,414	63.84	2.90	$576,605
Mar 2018	7,722	37,657	61.22	2.79	$577,685
Feb 2018	8,898	30,682	61.78	2.77	$634,589
Jan 2018	7,608	26,624	62.87	4.01	$585,059
Dec 2017	8,623	32,112	57.27	2.92	$587,655
Nov 2017	8,862	33,744	55.42	3.12	$596,358
Oct 2017	11,332	35,824	49.29	2.98	$665,442
Sep 2017	6,101	18,816	47.52	3.09	$348,010
Aug 2017	8,901	26,343	45.37	3.00	$482,983
Jul 2017	8,010	30,930	43.87	3.09	$446,888
Jun 2017	8,877	31,278	42.49	3.09	$473,748
May 2017	9,710	29,267	45.37	3.26	$536,053
Apr 2017	9,554	29,010	47.93	3.21	$551,092
Mar 2017	9,812	32,521	46.77	2.98	$555,940
Feb 2017	9,207	29,376	50.45	2.95	$551,229
Jan 2017	12,247	36,493	49.41	3.42	$729,887
Dec 2016	11,300	31,153	48.76	3.72	$666,965
Nov 2016	11,413	30,671	42.49	2.64	$566,043
Oct 2016	11,765	31,556	46.19	3.09	$640,942
Sep 2016	12,981	25,480	41.55	3.10	$618,365
Aug 2016	12,032	28,924	41.44	2.92	$583,190
Jul 2016	13,330	29,869	41.62	2.92	$642,142
Jun 2016	14,544	29,469	45.35	2.69	$738,719
May 2016	17,048	29,477	42.52	1.99	$783,571
Apr 2016	13,805	28,090	36.56	1.99	$560,639
Mar 2016	16,862	45,354	33.01	1.79	$637,980
Feb 2016	16,833	42,242	26.47	2.06	$532,741
Jan 2016	20,460	45,426	27.35	2.36	$666,984
Dec 2015	18,750	39,597	32.36	2.00	$686,000
Nov 2015	25,084	47,775	38.79	2.17	$1,076,553
Oct 2015	30,017	46,479	43.55	2.43	$1,420,025
Sep 2015	24,164	29,211	42.99	2.76	$1,119,387
Aug 2015	13,361	23,524	40.16	2.87	$604,150
Jul 2015	18,534	32,710	48.15	2.95	$988,746
Jun 2015	21,456	36,624	56.15	2.88	$1,310,336
May 2015	12,214	25,138	55.21	2.96	$748,629
Apr 2015	13,776	21,026	49.82	2.71	$743,229
Mar 2015	12,074	22,347	42.89	2.93	$583,436
Feb 2015	11,137	24,529	44.66	2.98	$570,381
Jan 2015	15,252	36,481	43.43	3.10	$775,508
Dec 2014	16,413	21,770	54.69	3.59	$975,811
Nov 2014	15,469	14,183	70.46	4.25	$1,150,250
Oct 2014	14,307	18,954	78.30	3.90	$1,194,177
Sep 2014	10,448	19,269	86.16	4.05	$978,151
Aug 2014	15,273	20,996	89.39	4.04	$1,449,975
Jul 2014	15,260	19,118	96.56	4.18	$1,553,411
Jun 2014	17,535	18,847	98.16	4.74	$1,810,512
May 2014	20,960	27,247	94.73	4.73	$2,114,325
Apr 2014	12,230	9,709	95.94	4.81	$1,220,038
Mar 2014	11,512	9,469	95.89	5.06	$1,151,769
Feb 2014	11,287	10,898	97.40	6.19	$1,166,834
Jan 2014	14,107	13,851	90.40	4.86	$1,342,599
Dec 2013	9,796	11,826	91.82	4.35	$950,965
Nov 2013	11,993	33,121	88.85	3.74	$1,189,394
Oct 2013	15,925	33,701	97.42	3.78	$1,678,782
Sep 2013	16,759	34,153	104.11	3.72	$1,871,751
Aug 2013	22,086	39,192	104.25	3.52	$2,440,524
Jul 2013	28,665	25,532	102.52	3.72	$3,033,657
Jun 2013	19,362	15,546	94.40	3.93	$1,888,922
May 2013	7,401	5,693	94.83	4.15	$725,458
Apr 2013	8,132	8,013	93.96	4.28	$798,399
Mar 2013	8,487	8,958	93.62	3.91	$829,604
Feb 2013	8,741	4,607	91.23	3.42	$813,197
Jan 2013	13,592	9,251	91.60	3.42	$1,276,665
Dec 2012	8,697	5,615	86.77	3.42	$773,843
Nov 2012	11,340	0	86.95	3.62	$986,013
Oct 2012	5,767	0	89.38	3.40	$515,454
Sep 2012	1,151	0	94.67	2.92	$108,965
Aug 2012	0	0	92.66	2.91	$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.

Feb 2020 — as filed, then multipliedworked

Oil                6,453 bbl  × $ 49.88 =   $321,876
Casinghead gas    26,099 Mcf  × $  1.98 =    $51,694

────────────────────────────────────────────────────
Month total                                 $373,569

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/17919 is the state's own key, not one this site invented.