UNIVERSITY NG

Operated by HENRY RESOURCES LLC (P-5 378535) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17983District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$5.4 M
Apr 2012 – Sep 2015
Value, last 12 filed months
$807 k
at the published price for each month
Months reported
42
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition56,490 bbl$4,869,374
Casinghead gasProduction134,237 Mcf$532,122
Total$5,401,496

Wells on this lease (6)

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 31.0947, -101.7911. A lease has no coordinate of its own — that point is the mean of its wells, and they span 8.5 miles.

31.09415, -101.78686 · 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
16.7%
1 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
7,900 ft
6 wells filed one
Completion to plug
5.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
116.7%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
466.7%

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

Between 7,399 and 9,594 ft, median 7,900 ft, over the 6 wells that filed a depth.

Completions filed
Jul 2012 – Jul 2015
6 of 6 wells
Plug dates filed
Sep 2010 – Oct 2018
2 of 6 wells; 4 filed none

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

6 wells

42-1053977651929,594 ftJul 2015Sep 2010
42-105415436211H7,399 ftDec 2012Oct 2018Yes
42-383378736021H7,773 ftOct 2012
42-461379565021H8,026 ftAug 2012
42-105414155191H7,641 ftAug 2012
42-4613790051119,010 ftJul 2012

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 (42)

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

42 months

Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20151,5384,06156.152.88$98,066
May 20151,7673,28055.212.96$107,250
Apr 20156852,34349.822.71$40,468
Mar 20151,3963,65942.892.93$70,613
Feb 20151,7855,22444.662.98$95,266
Jan 20156833,40043.433.10$40,205
Dec 20141,5401,90254.693.59$91,053
Nov 20141,9283,16270.464.25$149,291
Oct 20141,2185,08778.303.90$115,214
Sep 20141,7334,53986.164.05$167,678
Aug 20142,6458,32189.394.04$270,013
Jul 20148773,68796.564.18$100,093
Jun 20141,6734,25898.164.74$184,391
May 20141,3545,66294.734.73$155,026
Apr 20142,8376,24595.944.81$302,215
Mar 20141,4114,78995.895.06$159,518
Feb 20142,1317,29997.406.19$252,755
Jan 20142,3424,43490.404.86$233,269
Dec 20132,3452,97591.824.35$228,272
Nov 20132,4847,80188.853.74$249,866
Oct 20132,9239,71097.423.78$321,456
Sep 20133,12110,204104.113.72$362,863
Aug 20133,4828,777104.253.52$393,916
Jul 20131,4784,778102.523.72$169,288
Jun 2013167094.403.93$15,765
May 2013343094.834.15$32,527
Apr 2013527093.964.28$49,517
Mar 2013708093.623.91$66,283
Feb 2013344091.233.42$31,383
Jan 201352677291.603.42$50,822
Dec 20121,0561,20786.773.42$95,757
Nov 201289181486.953.62$80,423
Oct 20121,469089.383.40$131,299
Sep 2012836094.672.92$79,144
Aug 20124,2475,84792.662.91$410,531
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$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.

Jun 2015 — as filed, then multipliedworked
Oil                1,538 bbl  × $ 56.15 =    $86,359
Casinghead gas     4,061 Mcf  × $  2.88 =    $11,707

────────────────────────────────────────────────────
Month total                                  $98,066

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/17983 is the state's own key, not one this site invented.