UNIVERSITY "15"

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 18229District 7CField 82857300OilCasinghead gasSaveExport
Value, all time
$2.2 M
Jan 2012 – Apr 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
100
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
OilDisposition17,689 bbl$1,424,532
Casinghead gasProduction246,844 Mcf$813,142
Total$2,237,675

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 31.2675, -101.8402. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.26751, -101.84017 · 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
11,533 ft
1 wells filed one
Completion to plug
7.9 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 11,533 ft.

Completions filed
Dec 2011
1 of 1 wells
Plug dates filed
Nov 2019
1 of 1 wells

Last completion to plug: a median of 7.9 years across the 1 well that filed both dates, with the middle half between 7.9 years and 7.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46134311111,533 ftDec 2011Nov 2019Yes

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 (100)

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

100 months

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 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20194056.803.06$227
Feb 201954050.852.79$2,746
Jan 2019143046.033.23$6,582
Dec 20180046.594.19$0
Nov 20182052.934.24$106
Oct 201829061.443.40$1,782
Sep 201871059.543.11$4,227
Aug 201844059.403.07$2,614
Jul 20181065.142.93$65
Jun 20182060.183.08$120
May 20183065.382.90$196
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017014142.493.09$435
May 2017064945.373.26$2,118
Apr 201701,74947.933.21$5,617
Mar 201701,31746.772.98$3,930
Feb 201701,78750.452.95$5,276
Jan 20171873,42149.413.42$20,935
Dec 20161913,50848.763.72$22,373
Nov 20161833,37042.492.64$16,687
Oct 20161843,50646.193.09$19,333
Sep 201603,12141.553.10$9,677
Aug 20161843,28241.442.92$17,223
Jul 20161823,27541.622.92$17,152
Jun 20161853,01945.352.69$16,498
May 201602,70342.521.99$5,382
Apr 20161853,27936.561.99$13,292
Mar 20163774,36933.011.79$20,283
Feb 201601,64726.472.06$3,399
Jan 20161791,78427.352.36$9,114
Dec 201502,74632.362.00$5,496
Nov 20151902,67238.792.17$13,161
Oct 20153712,99143.552.43$23,415
Sep 201502,71542.992.76$7,489
Aug 20151802,82540.162.87$15,344
Jul 20151892,72548.152.95$17,126
Jun 20153582,50256.152.88$27,315
May 201502,22455.212.96$6,573
Apr 201501,63349.822.71$4,420
Mar 20153723,19842.892.93$25,340
Feb 201503,36444.662.98$10,012
Jan 20153704,17543.433.10$29,014
Dec 20141863,83554.693.59$23,945
Nov 20141924,00870.464.25$30,570
Oct 20141863,85778.303.90$29,610
Sep 20141833,45486.164.05$29,740
Aug 20141793,37389.394.04$29,611
Jul 20143763,51196.564.18$50,981
Jun 20141893,24398.164.74$33,914
May 20141833,82394.734.73$35,405
Apr 20143803,55695.944.81$53,558
Mar 20141903,84995.895.06$37,683
Feb 20143803,37997.406.19$57,935
Jan 20141854,15490.404.86$36,915
Dec 20131834,39291.824.35$35,928
Nov 20131883,66188.853.74$30,390
Oct 20133714,22297.423.78$52,099
Sep 20131914,057104.113.72$34,968
Aug 20133714,341104.253.52$53,968
Jul 20131864,067102.523.72$34,189
Jun 20133703,57894.403.93$49,002
May 20133764,13894.834.15$52,825
Apr 20133744,44793.964.28$54,186
Mar 20133914,41393.623.91$53,873
Feb 20133774,37491.233.42$49,352
Jan 20131815,26191.603.42$34,572
Dec 20123905,30886.773.42$51,995
Nov 20123754,58686.953.62$49,230
Oct 20125664,95289.383.40$67,424
Sep 20125586,77794.672.92$72,604
Aug 20125587,24692.662.91$72,777
Jul 20125497,56085.133.02$69,574
Jun 20129247,96779.822.52$93,823
May 20125717,46891.612.49$70,892
Apr 20121,0427,429101.652.00$120,754
Mar 20125716,045105.052.22$73,416
Feb 20125633,872101.102.57$66,871
Jan 20122342,94498.092.73$31,002

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.

Mar 2019 — as filed, then multipliedworked
Oil                    4 bbl  × $ 56.80 =       $227
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                     $227

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/18229 is the state's own key, not one this site invented.