UNIVERSITY 48A

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) 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 18600District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$12.9 M
Mar 2014 – May 2026
Value, last 12 filed months
$655 k
at the published price for each month
Months reported
147
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 515 leases and 2,325 wells, and the rule below applies to all of them.

Discovered
1984-10-08
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 40 acres. The field rule took effect on 2014-04-21.

The Commission's schedule remark for this field reads: PER DOCKET NO. 7C-0317412, LIN (WOLFCAMP) IS A UFT FIELD. PDD

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
OilDisposition174,436 bbl$10,955,720
Casinghead gasProduction588,067 Mcf$1,919,921
Total$12,875,641

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 31.1009, -101.3866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.10089, -101.38663 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,058 ft
1 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.
1100.0%

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 7,058 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-383386051501H7,058 ftApr 2014

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 (147)

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

147 months

May 20265412,746106.413.05$65,932
Apr 20267233,07898.932.87$80,359
Mar 20265413,26689.753.15$58,841
Feb 20265443,12863.503.75$46,275
Jan 20265513,80859.138.00$63,037
Dec 20257312,76056.664.41$53,599
Nov 20255462,76758.593.93$42,855
Oct 20255433,08759.383.30$42,445
Sep 20255374,34462.743.08$47,058
Aug 20255363,74463.933.01$45,554
Jul 20255413,91566.743.32$49,085
Jun 20257253,69566.483.13$59,759
May 20253653,86060.553.23$34,578
Apr 20255583,32262.363.54$46,567
Mar 20257143,95667.704.27$65,223
Feb 20255363,14270.884.34$51,631
Jan 20255743,71374.324.28$58,546
Dec 20247314,49768.993.12$64,468
Nov 20245803,60469.052.20$47,972
Oct 20247743,57771.372.28$63,401
Sep 20245703,44769.612.36$47,828
Aug 20245613,17375.632.06$48,976
Jul 20245564,17979.932.15$53,412
Jun 20245576,35078.082.63$60,216
May 20247483,40878.812.20$66,442
Apr 20247643,19484.451.66$69,819
Mar 20245765,02680.301.55$54,019
Feb 20245794,31576.091.78$51,753
Jan 20245784,95373.023.30$58,539
Dec 20235734,66671.262.61$53,014
Nov 20239235,04477.892.81$86,054
Oct 20235666,69785.443.09$69,035
Sep 20237504,88989.042.74$80,152
Aug 20235594,42880.522.67$56,846
Jul 20237544,57774.852.64$68,528
Jun 20235544,16368.962.26$47,606
May 20235574,50370.622.23$49,365
Apr 20237594,12978.122.24$68,533
Mar 20237564,91872.852.39$66,844
Feb 20237653,50675.112.47$66,104
Jan 20237614,46476.533.39$73,362
Dec 20225694,19776.415.73$67,522
Nov 20225724,18185.005.65$72,227
Oct 20227714,01887.185.86$90,776
Sep 20229584,51984.888.16$118,207
Aug 20227624,69894.529.13$114,904
Jul 20225301,797101.587.54$67,391
Jun 20227601,543115.097.98$99,777
May 20227891,227109.378.43$96,640
Apr 20227440104.226.84$77,540
Mar 20225710108.885.08$62,170
Feb 2022935091.054.86$85,132
Jan 2022548081.844.54$44,848
Dec 2021583071.323.90$41,580
Nov 2021774077.435.24$59,931
Oct 2021727079.795.71$58,007
Sep 2021899069.865.35$62,804
Aug 2021900066.024.22$59,418
Jul 2021689070.783.98$48,767
Jun 2021871069.493.38$60,526
May 2021867063.483.02$55,037
Apr 2021694060.362.76$41,890
Mar 2021895061.302.72$54,864
Feb 2021720057.805.55$41,616
Jan 20217244,66150.412.81$49,596
Dec 20207013,98744.642.68$41,960
Nov 20209073,28038.772.71$44,042
Oct 20207145,00136.972.48$38,791
Sep 20208894,64337.091.99$42,217
Aug 20209114,29239.982.39$46,659
Jul 20201,0844,44138.371.83$49,698
Jun 20207084,82334.901.69$32,862
May 20207455,11616.921.81$21,890
Apr 20201,0934,57514.751.80$24,377
Mar 20201,1293,91630.341.86$41,523
Feb 20209273,54949.881.98$53,268
Jan 20209444,72357.252.09$63,937
Dec 20199404,56459.012.30$65,987
Nov 20199191,17955.302.75$54,064
Oct 20199295,87253.472.42$63,875
Sep 20197625,64755.052.66$56,954
Aug 20199326,29053.112.30$63,993
Jul 20191,0955,63356.272.46$75,473
Jun 20199146,19652.782.49$63,676
May 20191,1275,52458.482.74$81,044
Apr 20199125,42562.632.75$72,041
Mar 20199136,10056.803.06$70,537
Feb 20199305,50550.852.79$62,662
Jan 20191,1345,41946.033.23$69,692
Dec 20181,2287,28346.594.19$87,695
Nov 20189747,72952.934.24$84,303
Oct 20185903,20361.443.40$47,134
Sep 20181,3185,64759.543.11$96,025
Aug 20184,0299,29059.403.07$267,811
Jul 2018025265.142.93$739
Jun 20180060.183.08$0
May 2018178065.382.90$11,638
Apr 20189565,89263.842.90$78,123
Mar 20182,4479,70661.222.79$176,854
Feb 2018185061.782.77$11,429
Jan 20181,34394962.874.01$88,239
Dec 20171,351057.272.92$77,372
Nov 201758814555.423.12$33,039
Oct 20171,4851,45449.292.98$77,534
Sep 20179021,28847.523.09$46,839
Aug 20171,0964,29845.373.00$62,638
Jul 20171,6617,50243.873.09$96,029
Jun 20172,1591,92742.493.09$97,685
May 20171,08295945.373.26$52,220
Apr 20171,22429647.933.21$59,617
Mar 20171,28940346.772.98$61,489
Feb 20171,08272850.452.95$56,736
Jan 20171,2931,30849.413.42$68,359
Dec 20162,1074,83048.763.72$120,719
Nov 20161,8253,08842.492.64$85,710
Oct 20161,28526146.193.09$60,161
Sep 20161,90562441.553.10$81,088
Aug 20161,69969941.442.92$72,451
Jul 20161,9581,13641.622.92$84,814
Jun 20161,60168145.352.69$74,434
May 20162,14852342.521.99$92,374
Apr 201692351536.561.99$34,770
Mar 20161,09175133.011.79$37,361
Feb 20161,44468826.472.06$39,642
Jan 20161,6071,71827.352.36$48,013
Dec 20151,2832,68032.362.00$46,882
Nov 20151,9875,02838.792.17$87,973
Oct 20151,0835,88843.552.43$61,452
Sep 20152,11522,00542.992.76$151,623
Aug 20152,1287,09440.162.87$105,838
Jul 20151,7747,31748.152.95$106,967
Jun 20152,4204,57456.152.88$149,069
May 20151,9867,20155.212.96$130,929
Apr 20152,1574,97749.822.71$120,932
Mar 20152,6695,76242.892.93$131,383
Feb 20152,0074,27744.662.98$102,362
Jan 20152,7483,29143.433.10$129,550
Dec 20142,20636,86854.693.59$253,052
Nov 20143,1156,06770.464.25$245,279
Oct 20143,2789,06278.303.90$292,018
Sep 20142,6709,37086.164.05$267,953
Aug 20143,9499,08889.394.04$389,672
Jul 20143,55810,16496.564.18$386,042
Jun 20145,01110,22498.164.74$540,310
May 20145,10311,73694.734.73$538,878
Apr 20147,3689,04295.944.81$750,370
Mar 20140095.895.06$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                  541 bbl  × $106.41 =    $57,568
Casinghead gas     2,746 Mcf  × $  3.05 =     $8,364

────────────────────────────────────────────────────
Month total                                  $65,932

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/18600 is the state's own key, not one this site invented.