UNIVERSITY 09

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 17946District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$428.7 M
Jul 2012 – Jun 2020
Value, last 12 filed months
$19.1 M
at the published price for each month
Months reported
96
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 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.

StreamBasisVolumeValue
OilDisposition6,294,936 bbl$362,912,617
Casinghead gasProduction22,266,173 Mcf$65,823,441
Total$428,736,058

Wells on this lease (54)

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 31.2711, -101.5866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.5 miles.

31.27723, -101.59345 · 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%
54 of 54 wells
With a plug date
0.0%
0 of 54 wells
Median depth
8,144 ft
54 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
54100.0%
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, 54 of 54 wells. Median 8,144 ft, with the middle half between 7,840 and 8,277 ft; the shallowest is 587 ft and the deepest 8,578 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, 54 of 54 wells, Jul 2012 – Aug 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
Jul 2012 – Aug 2023
54 of 54 wells

54 wells

42-383385721822H8,442 ftAug 2023Yes
42-383384481805H7,820 ftApr 2022Yes
42-383390251816H8,476 ftNov 2021Yes
42-383384631819H8,480 ftSep 2021Yes
42-383384431806H7,775 ftSep 2021Yes
42-383392030804H7,954 ftSep 2021Yes
42-383379550802H8,161 ftJul 2021Yes
42-383384400817H8,256 ftJul 2021Yes
42-383384451809H8,143 ftJun 2021Yes
42-383384491815H8,143 ftJun 2021Yes
42-383392100812H8,201 ftJun 2021Yes
42-383383280808H8,172 ftMay 2021Yes
42-383379390801H8,205 ftMay 2021Yes
42-383384531811H8,177 ftMay 2021Yes
42-383380960906H7,970 ftApr 2021Yes
42-383384511817H8,176 ftApr 2021Yes
42-383377081802H7,830 ftApr 2021Yes
42-383389280912H7,882 ftJul 2015Yes
42-383379400902H8,268 ftJul 2015Yes
42-383389370921H7,894 ftJul 2015Yes
42-383392881828H7,775 ftApr 2015Yes
42-383385741827H8,115 ftApr 2015Yes
42-383385731826H8,423 ftMar 2015Yes
42-383392020806H7,823 ftMar 2015Yes
42-383392110811H7,816 ftMar 2015Yes
42-383392050813H8,332 ftMar 2015Yes
42-383384410818H7,836 ftMar 2015Yes
42-383381580907H8,571 ftDec 2014Yes
42-383381510913H8,578 ftDec 2014Yes
42-383388570918H8,281 ftDec 2014Yes
42-383380330903H7,974 ftNov 2014Yes
42-383384691823H8,464 ftJun 2014Yes
42-383384521814H7,676 ftJun 2014Yes
42-383384541812H7,835 ftMay 2014Yes
42-383385381825H8,237 ftMay 2014Yes
42-383378001803H7,855 ftMay 2014Yes
42-383384731821H8,426 ftApr 2014Yes
42-383384501807H7,808 ftApr 2014Yes
42-383384591810H7,803 ftApr 2014Yes
42-383384441808H8,145 ftApr 2014Yes
42-383384601818H8,451 ftApr 2014Yes
42-383384551813H8,157 ftMar 2014Yes
42-383384681820H8,506 ftMar 2014Yes
42-383381710809H7,882 ftFeb 2014Yes
42-383381720810H8,188 ftJan 2014Yes
42-383383270819H7,869 ftDec 2013Yes
42-383383290820H7,852 ftDec 2013Yes
42-383385031824H682 ftDec 2013Yes
42-383384380816H601 ftNov 2013Yes
42-383378261804H8,569 ftAug 2013Yes
42-383379580901H8,230 ftJul 2013Yes
42-383380950905H8,280 ftJul 2013Yes
42-383379570803H587 ftOct 2012Yes
42-383376691801H8,101 ftJul 2012Yes

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 (96)

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

96 months

Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202033,062246,23949.881.98$2,136,851
Jan 202030,434291,35157.252.09$2,352,651
Dec 201931,350290,99559.012.30$2,520,521
Nov 201930,917295,84455.302.75$2,523,488
Oct 201929,989282,23953.472.42$2,286,118
Sep 201929,662282,00555.052.66$2,382,259
Aug 201931,482294,07753.112.30$2,349,668
Jul 201932,616308,98356.272.46$2,595,419
Jun 201933,788275,72152.782.49$2,470,207
May 201936,871300,74958.482.74$2,980,365
Apr 201935,889282,45062.632.75$3,024,663
Mar 201939,843297,31356.803.06$3,173,485
Feb 201934,705253,15750.852.79$2,471,619
Jan 201939,358286,99746.033.23$2,738,127
Dec 201838,764294,15346.594.19$3,037,174
Nov 201837,966302,15852.934.24$3,289,856
Oct 201840,470346,24361.443.40$3,663,038
Sep 201842,589347,48959.543.11$3,615,745
Aug 201841,270347,17059.403.07$3,516,056
Jul 201845,228355,94065.142.93$3,989,725
Jun 201839,890312,59860.183.08$3,362,419
May 201843,574336,46265.382.90$3,824,877
Apr 201845,339340,97563.842.90$3,883,542
Mar 201850,181354,92961.222.79$4,061,211
Feb 201849,954305,09461.782.77$3,930,085
Jan 201850,762307,80962.874.01$4,425,512
Dec 201749,246325,83457.272.92$3,772,249
Nov 201749,353317,58555.423.12$3,725,488
Oct 201754,216353,83249.292.98$3,728,028
Sep 201750,962322,32147.523.09$3,416,809
Aug 201750,12428,06945.373.00$2,358,456
Jul 201757,511378,00443.873.09$3,690,012
Jun 201757,424353,19442.493.09$3,530,355
May 201762,384340,78545.373.26$3,942,480
Apr 201759,976320,03047.933.21$3,902,458
Mar 201763,323332,02946.772.98$3,952,285
Feb 201759,081292,25450.452.95$3,843,546
Jan 201768,506313,90049.413.42$4,458,043
Dec 201672,286309,83748.763.72$4,678,136
Nov 201670,661319,34042.492.64$3,846,833
Oct 201676,254355,94846.193.09$4,622,144
Sep 201677,288333,92141.553.10$4,246,682
Aug 201680,973342,62241.442.92$4,357,464
Jul 201683,940349,06841.622.92$4,514,376
Jun 201683,553333,75245.352.69$4,685,530
May 201686,651345,88542.521.99$4,373,071
Apr 201695,451380,57636.561.99$4,247,431
Mar 2016106,665404,38733.011.79$4,246,486
Feb 2016102,062343,97826.472.06$3,411,424
Jan 2016123,949392,25227.352.36$4,317,430
Dec 2015123,305369,56932.362.00$4,729,809
Nov 2015132,534438,75638.792.17$6,091,923
Oct 2015161,689486,23143.552.43$8,221,434
Sep 2015172,342466,27242.992.76$8,695,157
Aug 2015215,253477,12740.162.87$10,015,103
Jul 2015172,521399,21848.152.95$9,482,615
Jun 2015161,158494,05756.152.88$10,473,319
May 2015221,126447,18155.212.96$13,529,988
Apr 2015210,922238,57349.822.71$11,153,849
Mar 201593,771156,94042.892.93$4,482,412
Feb 2015102,284218,29144.662.98$5,217,679
Jan 2015135,126242,22043.433.10$6,619,557
Dec 2014145,244183,78154.693.59$8,603,418
Nov 2014112,003217,48370.464.25$8,816,434
Oct 2014131,576239,93278.303.90$11,238,366
Sep 2014150,008236,40686.164.05$13,881,056
Aug 2014184,588205,22089.394.04$17,328,409
Jul 2014144,237170,44796.564.18$14,639,925
Jun 201499,260130,77198.164.74$10,362,808
May 2014118,750110,64594.734.73$11,772,158
Apr 201497,44871,35495.944.81$9,692,311
Mar 201491,80790,81395.895.06$9,262,596
Feb 201458,10250,45797.406.19$5,971,565
Jan 201426,41829,01690.404.86$2,529,226
Dec 201343,11874,03191.824.35$4,281,461
Nov 201359,58064,32088.853.74$5,534,129
Oct 201334,48223,16897.423.78$3,446,797
Sep 201357,01246,733104.113.72$6,109,260
Aug 201344,35721,134104.253.52$4,698,664
Jul 20135270102.523.72$54,028
Jun 20133,8723,97294.403.93$381,140
May 20132,3053,73394.834.15$234,072
Apr 20133,5284,21793.964.28$349,551
Mar 20134,0184,38693.623.91$393,327
Feb 20134,4235,40791.233.42$422,002
Jan 20135,2225,35191.603.42$496,635
Dec 20124,5821,80386.773.42$403,747
Nov 20124,349886.953.62$378,175
Oct 20126,9483,41789.383.40$632,629
Sep 20127,3431,87694.672.92$700,637
Aug 201210,0063,31492.662.91$936,794
Jul 20120085.133.02$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               33,062 bbl  × $ 49.88 = $1,649,133
Casinghead gas   246,239 Mcf  × $  1.98 =   $487,718

────────────────────────────────────────────────────
Month total                               $2,136,851

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/17946 is the state's own key, not one this site invented.