UNIVERSITY MUSCADET

Operated by CAMBRIAN MANAGEMENT, LTD. (P-5 126758) 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 18270District 7CField 82857300OilCasinghead gasSaveExport
Value, all time
$1.8 M
Feb 2013 – Aug 2021
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
103
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
OilDisposition19,423 bbl$1,586,066
Casinghead gasProduction49,888 Mcf$195,038
Total$1,781,104

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 31.2767, -101.8747. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27669, -101.87472 · 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
11,800 ft
1 wells filed one
Completion to plug
7.8 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 11,800 ft.

Completions filed
Jun 2013
1 of 1 wells
Plug dates filed
Apr 2021
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46137207111,800 ftJun 2013Apr 2021Yes

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 (103)

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

103 months

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 2020163044.642.68$7,276
Nov 20200038.772.71$0
Oct 2020184036.972.48$6,802
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020183038.371.83$7,022
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020180030.341.86$5,461
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 20199058.482.74$526
Apr 20192062.632.75$125
Mar 20190056.803.06$0
Feb 2019189050.852.79$9,611
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018356059.403.07$21,146
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018023765.382.90$687
Apr 2018014063.842.90$406
Mar 20180061.222.79$0
Feb 201803361.782.77$91
Jan 201803162.874.01$124
Dec 20170057.272.92$0
Nov 2017018155.423.12$564
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201702145.373.00$63
Jul 201729143.873.09$369
Jun 2017015842.493.09$488
May 2017016445.373.26$535
Apr 2017016747.933.21$536
Mar 201735419346.772.98$17,132
Feb 20171017550.452.95$1,021
Jan 2017022549.413.42$769
Dec 20162825548.763.72$2,315
Nov 20162317142.492.64$1,429
Oct 2016016846.193.09$519
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201652239033.011.79$17,931
Feb 201618158726.472.06$6,002
Jan 2016074527.352.36$1,761
Dec 201513826432.362.00$4,994
Nov 201536525338.792.17$14,707
Oct 20151993443.552.43$3,094
Sep 201537290042.992.76$18,475
Aug 20151888140.162.87$3,254
Jul 20153671,00848.152.95$20,640
Jun 2015072856.152.88$2,099
May 20153661,20755.212.96$23,774
Apr 20153811,28549.822.71$22,459
Mar 201540392742.892.93$20,005
Feb 201541256944.662.98$20,093
Jan 20152096843.433.10$3,870
Dec 20141911,07454.693.59$14,303
Nov 20145521,19770.464.25$43,983
Oct 20141551,81978.303.90$19,232
Sep 20145662,05886.164.05$57,092
Aug 201437499089.394.04$37,427
Jul 20145561,59096.564.18$60,333
Jun 20145652,26198.164.74$66,170
May 20145772,78594.734.73$67,823
Apr 201432381495.944.81$34,903
Mar 20149322,91195.895.06$104,090
Feb 20147402,81997.406.19$89,531
Jan 20141,2882,34090.404.86$127,809
Dec 20137521,66791.824.35$76,308
Nov 201338537088.853.74$35,590
Oct 20131,1612,47797.423.78$122,466
Sep 20131,3282,849104.113.72$148,850
Aug 20132,0413,487104.253.52$225,058
Jul 20131,6902,059102.523.72$180,914
Jun 2013026594.403.93$1,042
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$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.

Dec 2020 — as filed, then multipliedworked
Oil                  163 bbl  × $ 44.64 =     $7,276
Casinghead gas         0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                   $7,276

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/18270 is the state's own key, not one this site invented.