UNIVERSITY 40 EP

Operated by SEM OPERATING COMPANY LLC (P-5 766370) 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 18290District 7CField 53613750OilCasinghead gasSave
Value, all time
$69.6 M
Feb 2013 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
160
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition552,263 bbl$41,780,596
Casinghead gasProduction8,150,359 Mcf$27,782,935
Total$69,563,531

Wells on this lease (7)

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 31.0402, -101.1999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.04208, -101.19978 · 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
0.0%
0 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
6,859 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
7100.0%

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

Between 6,485 and 10,235 ft, median 6,859 ft, over the 7 wells that filed a depth.

Completions filed
Aug 2013 – Dec 2018
7 of 7 wells

7 wells

42-10541722060110,235 ftDec 2018
42-105417082501H6,491 ftAug 2013
42-105417092502H6,962 ftAug 2013
42-105417102503H6,485 ftAug 2013
42-105417112504H6,859 ftAug 2013
42-105417122505H6,899 ftAug 2013
42-105417132506H6,550 ftAug 2013

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 (160)

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

160 months

May 202659423,637106.413.05$135,202
Apr 202652522,84398.932.87$117,491
Mar 202640526,06289.753.15$118,429
Feb 202666524,53963.503.75$134,257
Jan 202652726,46959.138.00$242,858
Dec 202553925,69556.664.41$143,941
Nov 202569624,74258.593.93$137,927
Oct 202552627,94159.383.30$123,574
Sep 202557326,76662.743.08$118,307
Aug 202560427,76263.933.01$122,309
Jul 202552227,85966.743.32$127,196
Jun 202552329,04066.483.13$125,627
May 202551829,86060.553.23$127,882
Apr 202577029,06362.363.54$150,991
Mar 202559830,92767.704.27$172,491
Feb 202552427,95770.884.34$158,498
Jan 202574031,10874.324.28$188,098
Dec 202471533,04568.993.12$152,474
Nov 202461532,53469.052.20$113,990
Oct 202469333,98971.372.28$127,002
Sep 202473633,19269.612.36$129,711
Aug 202468033,19275.632.06$119,924
Jul 202475934,76079.932.15$135,282
Jun 202476033,32678.082.63$147,121
May 202460129,12778.812.20$111,399
Apr 202478937,88984.451.66$129,496
Mar 202488039,45780.301.55$131,630
Feb 202492033,72576.091.78$130,156
Jan 202470936,47373.023.30$172,047
Dec 202390638,87971.262.61$166,064
Nov 20231,07442,11577.892.81$201,894
Oct 202385546,06185.443.09$215,254
Sep 202374822,09689.042.74$127,035
Aug 202361523,83780.522.67$113,233
Jul 202390737,89874.852.64$168,008
Jun 202380238,30768.962.26$141,822
May 202372741,47970.622.23$143,731
Apr 202399639,25978.122.24$165,660
Mar 20231,27642,43672.852.39$194,513
Feb 202372633,20275.112.47$136,395
Jan 20231,09041,84076.533.39$225,160
Dec 202260531,66976.415.73$227,662
Nov 202282038,56685.005.65$287,451
Oct 202273042,06487.185.86$310,295
Sep 202288641,08384.888.16$410,592
Aug 202298138,35794.529.13$442,815
Jul 202270437,420101.587.54$353,737
Jun 202287238,236115.097.98$405,375
May 202289839,417109.378.43$430,619
Apr 202292241,007104.226.84$376,480
Mar 202286843,579108.885.08$315,732
Feb 20221,13938,63191.054.86$291,408
Jan 20221,24644,32581.844.54$303,105
Dec 20211,04346,58171.323.90$256,012
Nov 20211,06845,50477.435.24$320,993
Oct 20211,05745,23179.795.71$342,782
Sep 20211,12238,97569.865.35$286,935
Aug 20211,27543,65766.024.22$268,434
Jul 20211,23439,54570.783.98$244,814
Jun 202169532,36969.493.38$157,723
May 20211,04838,42863.483.02$182,490
Apr 20211,27241,92860.362.76$192,433
Mar 20211,41343,84461.302.72$205,738
Feb 20211,11034,72957.805.55$256,833
Jan 20211,25238,27450.412.81$170,674
Dec 20201,41746,27144.642.68$187,051
Nov 20201,21945,32038.772.71$169,922
Oct 20201,08445,85136.972.48$153,714
Sep 20201,39446,29037.091.99$143,869
Aug 20201,10440,64939.982.39$141,090
Jul 20201,24146,25438.371.83$132,036
Jun 20201,09044,85134.901.69$113,853
May 20201,19546,32116.921.81$104,280
Apr 20201,55545,47014.751.80$104,981
Mar 20201,46046,83230.341.86$131,227
Feb 20201,46842,77849.881.98$157,953
Jan 20201,56848,19957.252.09$190,732
Dec 20191,79450,11159.012.30$221,338
Nov 20191,29648,90055.302.75$206,178
Oct 20191,44448,77353.472.42$195,170
Sep 20191,65051,38355.052.66$227,372
Aug 20191,42551,81153.112.30$195,073
Jul 20191,77955,65656.272.46$237,021
Jun 20191,31551,71352.782.49$198,233
May 20191,84958,57358.482.74$268,638
Apr 20191,61952,33162.632.75$245,345
Mar 20191,69559,29256.803.06$277,834
Feb 20191,79752,75750.852.79$238,687
Jan 20191,74659,66446.033.23$272,975
Dec 20182,58860,64546.594.19$374,401
Nov 20181,82659,13652.934.24$347,224
Oct 20181,81748,66661.443.40$277,007
Sep 20182,01756,55159.543.11$295,853
Aug 20181,67257,34759.403.07$275,175
Jul 20182,02654,62365.142.93$292,122
Jun 20182,40046,63660.183.08$287,927
May 20181,52054,47265.382.90$257,390
Apr 20182,00653,71663.842.90$283,882
Mar 20181,87358,73861.222.79$278,358
Feb 20181,86153,60561.782.77$263,250
Jan 20182,81061,02462.874.01$421,329
Dec 20172,09460,82057.272.92$297,610
Nov 20172,61256,97755.423.12$322,432
Oct 20172,40855,54449.292.98$284,416
Sep 201772539,41747.523.09$156,143
Aug 20171,15455,74145.373.00$219,825
Jul 20172,77467,41843.873.09$329,834
Jun 20172,95565,39242.493.09$327,441
May 20172,68161,43045.373.26$322,108
Apr 20173,04658,20747.933.21$332,932
Mar 20172,88161,02046.772.98$316,809
Feb 20173,31256,50950.452.95$333,939
Jan 20173,20067,67249.413.42$389,469
Dec 20163,96259,77448.763.72$415,716
Nov 20162,51964,09642.492.64$276,525
Oct 20163,81764,80546.193.09$376,572
Sep 20163,28663,51341.553.10$333,464
Aug 20164,25263,85441.442.92$362,934
Jul 20163,10462,68341.622.92$312,495
Jun 20163,57265,43345.352.69$337,732
May 20164,00966,61942.521.99$303,104
Apr 20163,90567,16336.561.99$276,491
Mar 20164,57869,18633.011.79$275,240
Feb 20164,88865,56826.472.06$264,693
Jan 20164,35568,24027.352.36$280,453
Dec 20153,90164,85532.362.00$256,038
Nov 20154,48666,89438.792.17$318,993
Oct 20154,91273,20343.552.43$391,551
Sep 20154,85771,55142.992.76$406,170
Aug 20154,78577,35940.162.87$414,379
Jul 20155,45477,31548.152.95$490,309
Jun 20155,42576,10956.152.88$524,025
May 20156,16380,73455.212.96$578,865
Apr 20155,72477,14749.822.71$493,973
Mar 20156,68379,95142.892.93$521,267
Feb 20156,12074,16744.662.98$494,054
Jan 20157,01679,82343.433.10$552,206
Dec 20146,99582,64654.693.59$679,368
Nov 20147,18779,46870.464.25$844,281
Oct 20147,61490,06978.303.90$947,532
Sep 20148,17691,81486.164.05$1,075,872
Aug 20148,57496,60489.394.04$1,156,239
Jul 20149,93988,81696.564.18$1,330,925
Jun 20149,82095,50798.164.74$1,416,336
May 201410,304100,81194.734.73$1,452,587
Apr 201412,141109,93895.944.81$1,693,513
Mar 201413,623124,92995.895.06$1,938,050
Feb 201415,34393,60497.406.19$2,074,004
Jan 201421,30593,80190.404.86$2,381,912
Dec 201314,23935,44291.824.35$1,461,756
Nov 201319,32993,14888.853.74$2,065,595
Oct 201330,366118,69297.423.78$3,406,836
Sep 201331,998107,721104.113.72$3,731,790
Aug 201356,481106,416104.253.52$6,263,006
Jul 201313,89514,538102.523.72$1,478,564
Jun 2013115,19094.403.93$21,453
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.

May 2026 — as filed, then multipliedworked
Oil                  594 bbl  × $106.41 =    $63,208
Casinghead gas    23,637 Mcf  × $  3.05 =    $71,995

────────────────────────────────────────────────────
Month total                                 $135,202

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/18290 is the state's own key, not one this site invented.