UNIVERSITY 27-34

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 18756District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$152.0 M
Sep 2014 – May 2026
Value, last 12 filed months
$22.4 M
at the published price for each month
Months reported
141
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
OilDisposition2,182,981 bbl$132,027,199
Casinghead gasProduction6,380,653 Mcf$20,013,145
Total$152,040,344

Wells on this lease (13)

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 31.2939, -101.7119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

31.28485, -101.71248 · 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 13 wells
With a plug date
0.0%
0 of 13 wells
Median depth
8,470 ft
13 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.
13100.0%

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

Total depth in feet, 13 of 13 wells. Median 8,470 ft, with the middle half between 8,172 and 8,760 ft; the shallowest is 4,650 ft and the deepest 9,979 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 13 of 13 wells, Dec 2014 – Jun 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 2014 – Jun 2024
13 of 13 wells

13 wells

42-3834152501WD9,979 ftJun 2024
42-3834152605WD9,964 ftJun 2024
42-3834155203WB8,470 ftJun 2024
42-3834152707WA8,150 ftJun 2024
42-3834155311WA8,206 ftJun 2024
42-3834138109WB8,503 ftAug 2023
42-3834137901WA8,172 ftAug 2023
42-3834138003WA8,253 ftAug 2023
42-383394501D4,650 ftNov 2015
42-383392334LH7,823 ftOct 2015
42-383389693LH8,761 ftJun 2015
42-383389661LH8,743 ftMay 2015
42-383389682LH8,760 ftDec 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 (141)

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

141 months

May 202618,07674,986106.413.05$2,151,863
Apr 202618,28866,56498.932.87$2,000,252
Mar 202621,85965,96389.753.15$2,169,592
Feb 202623,31168,98663.503.75$1,738,968
Jan 202623,17368,46459.138.00$1,917,789
Dec 202515,36667,41356.664.41$1,168,155
Nov 202519,892100,33058.593.93$1,559,412
Oct 202523,474116,66659.383.30$1,779,449
Sep 202522,978115,69762.743.08$1,797,630
Aug 202524,788119,31563.933.01$1,944,403
Jul 202524,515117,59466.743.32$2,025,979
Jun 202526,379115,93166.483.13$2,116,392
May 202528,680115,51660.553.23$2,109,959
Apr 202528,963109,73862.363.54$2,194,948
Mar 202531,236102,21867.704.27$2,550,976
Feb 202528,13592,83770.884.34$2,397,199
Jan 202535,524119,93474.324.28$3,153,303
Dec 202437,896117,72768.993.12$2,981,915
Nov 202441,523107,08269.052.20$3,102,577
Oct 202443,852126,95471.372.28$3,419,350
Sep 202447,489119,65969.612.36$3,588,626
Aug 202465,001145,22975.632.06$5,215,725
Jul 202481,585135,67079.932.15$6,812,317
Jun 202421,28346,75978.082.63$1,784,939
May 202415,11357,16478.812.20$1,316,727
Apr 202415,95261,47984.451.66$1,449,152
Mar 202416,96360,90780.301.55$1,456,238
Feb 202417,72357,43576.091.78$1,450,986
Jan 202421,94669,86973.023.30$1,832,901
Dec 202325,35881,10571.262.61$2,018,754
Nov 202329,84578,51477.892.81$2,545,060
Oct 202335,46687,96785.443.09$3,301,794
Sep 202341,12464,04889.042.74$3,836,855
Aug 202323,81622,76180.522.67$1,978,502
Jul 20233,53319,60474.852.64$316,235
Jun 20235,07429,48168.962.26$416,485
May 20235,17126,98670.622.23$425,285
Apr 20234,37720,83878.122.24$388,562
Mar 20233,99522,42872.852.39$344,710
Feb 20234,09421,16075.112.47$359,674
Jan 20235,18325,12276.533.39$481,761
Dec 20224,86825,26476.415.73$516,703
Nov 20224,73224,61785.005.65$541,213
Oct 20224,74122,95687.185.86$547,929
Sep 20224,73520,95684.888.16$572,985
Aug 20224,16221,52594.529.13$589,854
Jul 20223,55318,491101.587.54$500,374
Jun 20223,33912,702115.097.98$485,612
May 20224,41820,408109.378.43$655,298
Apr 20224,47214,161104.226.84$562,899
Mar 20224,72920,862108.885.08$620,797
Feb 20224,25316,22291.054.86$466,056
Jan 20224,68918,33981.844.54$466,964
Dec 20215,15923,49771.323.90$459,558
Nov 20214,48020,31677.435.24$453,278
Oct 20215,36021,09079.795.71$548,180
Sep 20216,17117,90369.865.35$526,904
Aug 20216,65523,18366.024.22$537,209
Jul 20214,70626,34270.783.98$437,987
Jun 20214,70821,61369.493.38$400,224
May 20215,44323,86163.483.02$417,526
Apr 20216,06426,76260.362.76$439,844
Mar 20217,08227,06461.302.72$507,658
Feb 20214,05218,17857.805.55$335,056
Jan 20216,53323,95350.412.81$396,643
Dec 20206,31619,21744.642.68$333,361
Nov 20205,72422,72638.772.71$283,429
Oct 20206,59724,57636.972.48$304,801
Sep 20207,25524,28637.091.99$317,442
Aug 20206,45820,48739.982.39$307,054
Jul 20206,07523,05738.371.83$275,180
Jun 20208,20118,97234.901.69$318,283
May 20205,12717,69716.921.81$118,864
Apr 20206,51823,66114.751.80$138,834
Mar 20206,76219,63230.341.86$241,601
Feb 20205,62816,87149.881.98$314,141
Jan 20205,59317,52457.252.09$356,907
Dec 20195,62620,38159.012.30$378,955
Nov 20196,74721,80655.302.75$433,091
Oct 20196,89416,65053.472.42$408,891
Sep 20196,55716,78755.052.66$405,571
Aug 20196,01120,15553.112.30$365,689
Jul 20197,19024,67056.272.46$465,271
Jun 20193,43331,98852.782.49$260,882
May 20197,90752,33258.482.74$605,808
Apr 20198,09748,32562.632.75$640,043
Mar 20199,06343,44256.803.06$647,802
Feb 20197,96338,16050.852.79$511,470
Jan 20196,46732,15446.033.23$401,475
Dec 20186,16732,02646.594.19$421,363
Nov 20187,93645,77152.934.24$613,995
Oct 20187,64945,26561.443.40$623,769
Sep 20188,58640,80159.543.11$638,020
Aug 20189,03835,00759.403.07$644,208
Jul 20188,47935,78065.142.93$657,225
Jun 20188,77838,97460.183.08$648,180
May 20189,90333,54265.382.90$744,757
Apr 20189,22732,36163.842.90$682,924
Mar 201811,26447,56561.222.79$822,138
Feb 201811,83146,82461.782.77$860,440
Jan 201813,19153,39362.874.01$1,043,388
Dec 201712,27840,08257.272.92$820,261
Nov 201710,87943,85755.423.12$739,676
Oct 201712,90443,57749.292.98$766,058
Sep 201713,96041,26647.523.09$790,779
Aug 201712,93831,86345.373.00$682,726
Jul 201711,58035,58743.873.09$617,882
Jun 201712,97943,95142.493.09$687,167
May 201714,17846,76645.373.26$795,872
Apr 201713,86749,28247.933.21$822,919
Mar 201712,53242,24946.772.98$712,179
Feb 201712,03635,39250.452.95$711,715
Jan 201711,67846,07949.413.42$734,545
Dec 201614,38558,18948.763.72$918,040
Nov 201614,79057,39342.492.64$780,194
Oct 201615,40065,65646.193.09$914,220
Sep 201616,87765,92341.553.10$905,642
Aug 201618,80774,31541.442.92$996,684
Jul 201619,19869,05441.622.92$1,000,958
Jun 201620,19752,71445.352.69$1,057,515
May 201622,28161,07842.521.99$1,068,997
Apr 201623,22863,55136.561.99$975,748
Mar 201631,23283,78833.011.79$1,181,285
Feb 201630,89839,37126.472.06$899,117
Jan 201631,75039,92927.352.36$962,769
Dec 201531,15139,42532.362.00$1,086,952
Nov 201535,88634,16638.792.17$1,466,067
Oct 201518,89514,31943.552.43$857,623
Sep 201525,42112,85542.992.76$1,128,308
Aug 201526,65115,97240.162.87$1,116,184
Jul 201525,61619,71148.152.95$1,291,461
Jun 201528,51424,63856.152.88$1,672,089
May 201529,21025,62855.212.96$1,688,426
Apr 201532,89929,31649.822.71$1,718,374
Mar 201535,07228,53942.892.93$1,587,992
Feb 201530,70424,76044.662.98$1,444,931
Jan 201531,75521,45243.433.10$1,445,634
Dec 20142,9941,73054.693.59$169,955
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$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               18,076 bbl  × $106.41 = $1,923,467
Casinghead gas    74,986 Mcf  × $  3.05 =   $228,395

────────────────────────────────────────────────────
Month total                               $2,151,863

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/18756 is the state's own key, not one this site invented.