UNIVERSITY 54 6

Operated by UPP OPERATING, LLC (P-5 875310) in the OZONA, NE. (CANYON 7520) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18468District 7CField 67998500OilCasinghead gasSaveExport
Value, all time
$4.6 M
Nov 2013 – May 2026
Value, last 12 filed months
$219 k
at the published price for each month
Months reported
151
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 592 leases and 641 wells, and the rule below applies to all of them.

Discovered
1966-01-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-10-22.

The Commission's schedule remark for this field reads: PER DOCKET 01-0299858, THIS FIELD HAS BEEN DESIGNATED AS A UFT

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
OilDisposition53,192 bbl$3,367,877
Casinghead gasProduction372,363 Mcf$1,275,647
Total$4,643,524

Wells on this lease (3)

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 30.9863, -100.9325. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.98631, -100.93250 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
4,263 ft
3 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.
3100.0%

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 3,844 and 5,518 ft, median 4,263 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2013 – Jun 2014
3 of 3 wells

3 wells

42-413329152H4,263 ftJun 2014
42-413329183H3,844 ftJun 2014
42-413328891H5,518 ftNov 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 (151)

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

151 months

May 20261741,648106.413.05$23,535
Apr 2026601,48598.932.87$10,197
Mar 20262401,67589.753.15$26,815
Feb 20261731,47363.503.75$16,510
Jan 20261351,58059.138.00$20,619
Dec 2025121,46856.664.41$7,159
Nov 20252541,47758.593.93$20,681
Oct 20252621,47459.383.30$20,429
Sep 202501,11462.743.08$3,428
Aug 20252821,12163.933.01$21,408
Jul 20252521,38266.743.32$21,400
Jun 20253371,33766.483.13$26,587
May 2025131,60460.553.23$5,972
Apr 20252441,63662.363.54$21,012
Mar 20252271,53967.704.27$21,937
Feb 2025541,25870.884.34$9,288
Jan 20252901,32274.324.28$27,209
Dec 20242261,38268.993.12$19,905
Nov 20241731,36269.052.20$14,940
Oct 2024741,43671.372.28$8,557
Sep 20246501,97569.612.36$49,916
Aug 202402,93275.632.06$6,051
Jul 20241471,56579.932.15$15,109
Jun 20241641,72878.082.63$17,357
May 20244272,02678.812.20$38,106
Apr 20246902,03684.451.66$61,649
Mar 20241402,09680.301.55$14,481
Feb 20247132,07976.091.78$57,960
Jan 202431,91173.023.30$6,521
Dec 20234651,61671.262.61$37,355
Nov 20233162,09177.892.81$30,484
Oct 2023202,11285.443.09$8,229
Sep 20231372,23789.042.74$18,317
Aug 20237762,25880.522.67$68,519
Jul 20231773,08574.852.64$21,398
Jun 20231121,92168.962.26$12,062
May 202301,76770.622.23$3,936
Apr 20231711,70478.122.24$17,172
Mar 202312,17572.852.39$5,278
Feb 20234461,73275.112.47$37,770
Jan 20231151,84476.533.39$15,048
Dec 20224191,65876.415.73$41,515
Nov 202281,68185.005.65$10,171
Oct 20221381,87287.185.86$23,008
Sep 20226271,80484.888.16$67,947
Aug 20223662,25494.529.13$55,167
Jul 2022842,052101.587.54$24,009
Jun 202202,060115.097.98$16,433
May 20226862,273109.378.43$94,196
Apr 20222512,218104.226.84$41,325
Mar 20221501,436108.885.08$23,622
Feb 202221,63191.054.86$8,107
Jan 20221581,38681.844.54$19,220
Dec 2021821,57571.323.90$11,989
Nov 20212441,73477.435.24$27,974
Oct 20212702,04779.795.71$33,240
Sep 20211981,82869.865.35$23,614
Aug 202102,61966.024.22$11,054
Jul 202123621970.783.98$17,576
Jun 202131269869.493.38$24,041
May 2021701,49463.483.02$8,952
Apr 2021681,77360.362.76$8,995
Mar 20211481,53861.302.72$13,251
Feb 20211591,57457.805.55$17,923
Jan 20212091,91150.412.81$15,906
Dec 20201672,04044.642.68$12,913
Nov 202002,17038.772.71$5,873
Oct 20203042,01536.972.48$16,233
Sep 20201451,76337.091.99$8,888
Aug 2020811,77439.982.39$7,470
Jul 20203352,65438.371.83$17,698
Jun 2020622,03234.901.69$5,599
May 2020801,51616.921.81$4,105
Apr 20203691,39614.751.80$7,962
Mar 2020771,88130.341.86$5,828
Feb 20201281,51549.881.98$9,385
Jan 20202401,78657.252.09$17,481
Dec 20193481,91159.012.30$24,939
Nov 20191162,14755.302.75$12,321
Oct 20192081,77153.472.42$15,405
Sep 20191790555.052.66$3,341
Aug 201919896553.112.30$12,739
Jul 20192111,69756.272.46$16,048
Jun 20194222,13352.782.49$27,587
May 20192812,75158.482.74$23,972
Apr 20191932,75162.632.75$19,655
Mar 20192182,56056.803.06$20,221
Feb 20193322,55350.852.79$24,011
Jan 20196402,75346.033.23$38,346
Dec 20186223,03246.594.19$41,669
Nov 20181512,44652.934.24$18,357
Oct 20181202,56861.443.40$16,099
Sep 20183172,56359.543.11$26,840
Aug 20181692,59259.403.07$17,987
Jul 20184732,38265.142.93$37,795
Jun 20184593,51860.183.08$38,447
May 20183462,58165.382.90$30,108
Apr 20186862,75163.842.90$51,774
Mar 20183932,90461.222.79$32,152
Feb 20183272,91261.782.77$28,257
Jan 20185552,63462.874.01$45,453
Dec 20178572,91857.272.92$57,605
Nov 20174103,05855.423.12$32,258
Oct 20172231,73249.292.98$16,159
Sep 20172971,68647.523.09$19,319
Aug 2017392,05545.373.00$7,943
Jul 20172001,59543.873.09$13,698
Jun 2017991,60842.493.09$9,171
May 20175332,22745.373.26$31,450
Apr 20178102,38647.933.21$46,486
Mar 20175522,59046.772.98$33,545
Feb 20171632,27450.452.95$14,938
Jan 20171552,28449.413.42$15,467
Dec 20164361,29148.763.72$26,066
Nov 20163992,59742.492.64$23,821
Oct 20164643,00846.193.09$30,728
Sep 20163783,13841.553.10$25,436
Aug 20169573,44141.442.92$49,721
Jul 20163393,75841.622.92$25,099
Jun 20166883,79645.352.69$41,396
May 20166243,75542.521.99$34,009
Apr 20167754,03436.561.99$36,366
Mar 20165254,11333.011.79$24,709
Feb 20166103,18926.472.06$22,728
Jan 20164953,73227.352.36$22,362
Dec 20156614,44132.362.00$30,278
Nov 20155995,04938.792.17$34,178
Oct 20157585,38543.552.43$46,078
Sep 20155895,39242.992.76$40,195
Aug 20159032,84940.162.87$44,448
Jul 20151,2822,79348.152.95$69,954
Jun 20154122,77256.152.88$31,125
May 20153881,90755.212.96$27,058
Apr 20155721,67749.822.71$33,036
Mar 20156661,71842.892.93$33,607
Feb 20154571,76144.662.98$25,651
Jan 20155293,41443.433.10$33,560
Dec 20145485,34254.693.59$49,155
Nov 20146545,38470.464.25$68,973
Oct 20146095,83878.303.90$70,459
Sep 20146076,38986.164.05$78,145
Aug 20147588,95089.394.04$103,872
Jul 20145674,91396.564.18$75,284
Jun 20146594,50498.164.74$86,022
May 20149265,68094.734.73$114,567
Apr 20147026,07195.944.81$96,546
Mar 20145631,75795.895.06$62,871
Feb 20148234,79797.406.19$109,863
Jan 20141,3246,64790.404.86$151,999
Dec 20131,5135,55591.824.35$163,113
Nov 20132681,79388.853.74$30,515

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                  174 bbl  × $106.41 =    $18,515
Casinghead gas     1,648 Mcf  × $  3.05 =     $5,020

────────────────────────────────────────────────────
Month total                                  $23,535

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/18468 is the state's own key, not one this site invented.