UNIVERSITY -R-

Operated by L & M OPERATING, INC. (P-5 480113) in the V-BAR (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2082District 7CField 92813500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$4.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$128 k
at the published price for each month
Months reported
401
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 7 leases and 14 wells, and the rule below applies to all of them.

Discovered
1955-06-05
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition83,954 bbl$4,227,102
Casinghead gasProduction92,596 Mcf$354,955
Total$4,582,057

11,715 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.0933, -101.3583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.09257, -101.35761 · 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
2,600 ft
5 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 2,575 and 2,650 ft, median 2,600 ft, over the 5 wells that filed a depth.

Completions filed
Jul 1982 – Dec 2000
5 of 7 wells; 2 filed none

7 wells

42-383012022
42-383012063
42-3833509372,650 ftDec 2000
42-3833371542,600 ftFeb 1986
42-3833348452,575 ftOct 1985
42-3833296262,580 ftJun 1984
42-3838016612,624 ftJul 1982

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 (401)

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

401 months

May 2026162141106.413.05$17,668
Apr 202616614098.932.87$16,824
Mar 202616814189.753.15$15,522
Feb 202616914063.503.75$11,257
Jan 202616914159.138.00$11,121
Dec 202516613856.664.41$10,015
Nov 2025014058.593.93$550
Oct 202516616059.383.30$10,386
Sep 202516518062.743.08$10,906
Aug 202516714063.933.01$11,098
Jul 202516814566.743.32$11,693
Jun 2025024066.483.13$751
May 202516415560.553.23$10,431
Apr 202516812262.363.54$10,909
Mar 202517014867.704.27$12,141
Feb 2025015070.884.34$651
Jan 202516812574.324.28$13,021
Dec 202416715568.993.12$12,005
Nov 202416712269.052.20$11,800
Oct 202416714971.372.28$12,259
Sep 202416412269.612.36$11,704
Aug 202416812075.632.06$12,953
Jul 202416512279.932.15$13,450
Jun 202416512578.082.63$13,212
May 2024015078.812.20$330
Apr 202417115184.451.66$14,691
Mar 202433612480.301.55$27,172
Feb 202416715576.091.78$12,983
Jan 2024015573.023.30$511
Dec 202332818671.262.61$23,859
Nov 202316515077.892.81$13,273
Oct 202317215585.443.09$15,174
Sep 2023015089.042.74$410
Aug 202317215580.522.67$14,264
Jul 202317221074.852.64$13,429
Jun 202316222068.962.26$11,668
May 202316921770.622.23$12,418
Apr 20231754078.122.24$13,761
Mar 20231673572.852.39$12,250
Feb 202302875.112.47$69
Jan 20231573076.533.39$12,117
Dec 20221653576.415.73$12,808
Nov 20221682285.005.65$14,404
Oct 20221701887.185.86$14,926
Sep 20221642084.888.16$14,084
Aug 20223292294.529.13$31,298
Jul 202216420101.587.54$16,810
Jun 202217720115.097.98$20,530
May 202216320109.378.43$17,996
Apr 202216721104.226.84$17,548
Mar 202217120108.885.08$18,720
Feb 20221731891.054.86$15,839
Jan 20221861681.844.54$15,295
Dec 20211741471.323.90$12,464
Nov 20211741877.435.24$13,567
Oct 20211675579.795.71$13,639
Sep 20211631469.865.35$11,462
Aug 20211641466.024.22$10,886
Jul 20211731470.783.98$12,301
Jun 20211581469.493.38$11,027
May 20211631563.483.02$10,393
Apr 20211631760.362.76$9,886
Mar 20211601761.302.72$9,854
Feb 202101857.805.55$100
Jan 20213142050.412.81$15,885
Dec 20201652244.642.68$7,424
Nov 20201622838.772.71$6,357
Oct 20201583836.972.48$5,935
Sep 20203315037.091.99$12,376
Aug 20201686039.982.39$6,860
Jul 202016311038.371.83$6,455
Jun 202006034.901.69$101
May 202004016.921.81$73
Apr 20201625014.751.80$2,480
Mar 202003030.341.86$56
Feb 202016711049.881.98$8,548
Jan 202033112257.252.09$19,205
Dec 201916712459.012.30$10,140
Nov 201916311055.302.75$9,316
Oct 201917011053.472.42$9,356
Sep 201916811055.052.66$9,541
Aug 201915514853.112.30$8,573
Jul 20191642356.272.46$9,285
Jun 201934224552.782.49$18,661
May 201915928558.482.74$10,079
Apr 201915930162.632.75$10,786
Mar 201933230756.803.06$19,798
Feb 201916822550.852.79$9,171
Jan 201916123946.033.23$8,182
Dec 201816718046.594.19$8,534
Nov 201817426452.934.24$10,328
Oct 201816819961.443.40$10,998
Sep 201815724459.543.11$10,106
Aug 201816026059.403.07$10,301
Jul 201834523565.142.93$23,162
Jun 20180660.183.08$18
May 201815922965.382.90$11,060
Apr 201816224163.842.90$11,041
Mar 201816326461.222.79$10,715
Feb 201816120661.782.77$10,516
Jan 201832520862.874.01$21,267
Dec 201716521457.272.92$10,075
Nov 201716924455.423.12$10,127
Oct 201716625849.292.98$8,952
Sep 201716624947.523.09$8,657
Aug 201718023945.373.00$8,885
Jul 201716426543.873.09$8,013
Jun 201718619442.493.09$8,502
May 201717325645.373.26$8,684
Apr 201717023047.933.21$8,887
Mar 201736126746.772.98$17,681
Feb 2017189050.452.95$9,535
Jan 201718323449.413.42$9,842
Dec 201618125948.763.72$9,790
Nov 201616721742.492.64$7,670
Oct 201617926446.193.09$9,084
Sep 201617427341.553.10$8,076
Aug 201617027341.442.92$7,843
Jul 201617925141.622.92$8,184
Jun 201618524445.352.69$9,045
May 201618225842.521.99$8,252
Apr 201617425836.561.99$6,875
Mar 201617120433.011.79$6,011
Feb 201617420126.472.06$5,021
Jan 201617524027.352.36$5,354
Dec 201517022032.362.00$5,942
Nov 201515623438.792.17$6,558
Oct 201517524843.552.43$8,223
Sep 201518117842.992.76$8,272
Aug 201518320140.162.87$7,927
Jul 201518330648.152.95$9,713
Jun 2015018656.152.88$536
May 201517529455.212.96$10,531
Apr 201518127849.822.71$9,770
Mar 201535116642.892.93$15,542
Feb 201517625944.662.98$8,631
Jan 201516628843.433.10$8,102
Dec 201419336554.693.59$11,866
Nov 201401670.464.25$68
Oct 201419224978.303.90$16,005
Sep 201418826386.164.05$17,262
Aug 201416726689.394.04$16,001
Jul 201417326996.564.18$17,829
Jun 201418826898.164.74$19,724
May 2014018594.734.73$874
Apr 201417230895.944.81$17,983
Mar 201418021195.895.06$18,327
Feb 201418928997.406.19$20,198
Jan 201417529590.404.86$17,254
Dec 201333529891.824.35$32,057
Nov 201316331388.853.74$15,653
Oct 201318523997.423.78$18,926
Sep 20133303104.113.72$1,439
Aug 2013347321104.253.52$37,306
Jul 2013166249102.523.72$17,944
Jun 2013223994.403.93$1,129
May 201334032194.834.15$33,574
Apr 201317124393.964.28$17,108
Mar 201318430193.623.91$18,404
Feb 201318628091.233.42$17,926
Jan 201318826791.603.42$18,134
Dec 201217125386.773.42$15,703
Nov 201237030586.953.62$33,277
Oct 201219032589.383.40$18,087
Sep 201218532594.672.92$18,462
Aug 201217733392.662.91$17,369
Jul 201217033985.133.02$15,496
Jun 201218331879.822.52$15,408
May 201237133091.612.49$34,808
Apr 2012180329101.652.00$18,954
Mar 2012191324105.052.22$20,785
Feb 2012193270101.102.57$20,206
Jan 201238029598.092.73$38,081
Dec 201117831696.873.24$18,267
Nov 201118131695.723.31$18,372
Oct 201136634084.983.65$32,343
Sep 2011034383.623.99$1,367
Aug 201138136883.404.15$33,302
Jul 201136035094.144.52$35,471
Jun 2011037392.904.64$1,731
May 201118631198.134.40$19,622
Apr 2011195299105.964.33$21,958
Mar 201136635796.364.06$36,716
Feb 201118535385.644.18$17,319
Jan 201138334586.504.59$34,713
Dec 201017734585.734.35$16,674
Nov 201017834380.843.80$15,691
Oct 201018336078.103.51$15,556
Sep 201034835672.633.98$26,692
Aug 201017730073.684.42$14,367
Jul 201017037772.554.74$14,119
Jun 201034338270.364.91$26,009
May 201018638871.124.24$14,872
Apr 201035636681.694.12$30,591
Mar 201035337378.394.39$29,309
Feb 201036031773.585.44$28,214
Jan 201017315674.365.96$13,795
Dec 200917927871.445.48$14,312
Nov 200917430174.593.75$14,108
Oct 200917029872.544.11$13,557
Sep 200937031465.543.06$25,212
Aug 200918332967.423.22$13,397
Jul 200917733761.133.46$11,988
Jun 200936633066.163.90$25,500
May 200916334054.743.93$10,257
Apr 200918333046.773.59$9,743
Mar 200917633042.144.06$8,756
Feb 200938130332.814.63$13,904
Jan 200919031935.865.37$8,527
Dec 200835933037.105.98$15,291
Nov 200818432855.496.86$12,460
Oct 200835438975.246.92$29,328
Sep 2008188168101.767.88$20,454
Aug 2008183308114.228.48$23,515
Jul 2008181376131.0811.39$28,008
Jun 2008182285131.3313.03$27,616
May 2008172308123.1711.57$24,750
Apr 2008368296110.3110.45$43,689
Mar 2008175269101.909.66$20,432
Feb 200817671492.538.77$22,547
Jan 200837930990.388.21$36,790
Dec 200736932288.337.30$34,945
Nov 200719032491.677.29$19,780
Oct 200718425982.856.92$17,037
Sep 200750629675.846.24$40,223
Aug 200716230669.066.39$13,142
Jul 200717135070.906.39$14,360
Jun 200752017962.007.55$33,591
May 200733734758.747.85$22,518
Apr 200717531259.617.81$12,867
Mar 200717629956.927.30$12,201
Feb 200734729455.108.22$21,535
Jan 200717226950.306.73$10,461
Dec 200634035156.656.92$21,689
Nov 200616931454.207.62$11,552
Oct 200634736754.906.01$21,257
Sep 200634125160.085.04$21,752
Aug 200616923868.717.34$13,359
Jul 200632434669.376.34$24,670
Jun 200634641366.286.38$25,569
May 200617022166.016.42$12,642
Apr 200617319864.397.36$12,597
Mar 200634425756.707.08$21,325
Feb 200632139857.597.75$21,571
Jan 200617216360.598.93$11,878
Dec 2005017354.9413.42$2,321
Nov 200517115354.6910.59$10,972
Oct 200534734258.3413.80$24,962
Sep 200517234461.4512.08$14,725
Aug 200516329561.519.80$12,916
Jul 200533033155.697.84$20,974
Jun 200516835552.337.38$11,412
May 200534436045.226.65$17,950
Apr 200517733249.207.36$11,152
Mar 200517226650.377.15$10,567
Feb 200534928345.226.31$17,568
Jan 200517121343.166.32$8,727
Dec 200417422439.866.75$8,448
Nov 200417417445.286.33$8,980
Oct 200417228149.706.52$10,379
Sep 200417727643.245.28$9,112
Aug 200434530942.375.55$16,333
Jul 200416919638.286.08$7,662
Jun 200433525736.106.43$13,747
May 200417429237.486.49$8,418
Apr 200434332234.475.86$13,710
Mar 200434734534.365.53$13,831
Feb 200417122532.455.51$6,789
Jan 200434820932.036.30$12,463
Dec 200334820930.266.30$11,848
Nov 200317417828.804.60$5,829
Oct 200317424328.174.76$6,058
Sep 200317322226.314.75$5,606
Aug 200348621329.765.13$15,556
Jul 2003017629.415.17$910
Jun 2003021128.565.98$1,262
May 200317119426.595.97$5,706
Apr 200334835826.675.41$11,217
Mar 200317429931.146.10$7,241
Feb 200316819133.487.93$7,138
Jan 200317425630.315.58$6,703
Dec 200234831326.914.85$10,884
Nov 200251638924.664.14$14,334
Oct 200217236426.464.23$6,091
Sep 200234129927.443.64$10,444
Aug 200217228325.963.16$5,361
Jul 200234437624.583.06$9,607
Jun 200216936423.733.34$5,225
May 200233531524.663.58$9,390
Apr 200216628823.653.51$4,937
Mar 200216822822.003.10$4,403
Feb 200232623118.222.38$6,489
Jan 200217926817.172.38$3,710
Dec 200133827816.932.36$6,380
Nov 200116926018.072.41$3,679
Oct 200117829919.782.53$4,277
Sep 200142440224.262.25$11,191
Aug 200136444224.873.05$10,402
Jul 200134434923.933.20$9,348
Jun 200117822124.563.82$5,217
May 200139035625.524.31$11,486
Apr 200135216024.685.34$9,541
Mar 200135327924.545.38$10,163
Feb 200137420627.755.77$11,567
Jan 200135119627.478.40$11,288
Dec 2000015526.889.12$1,414
Nov 200015516032.215.66$5,898
Oct 200016921131.235.15$6,364
Sep 200016718731.875.19$6,292
Aug 200034419929.644.54$11,100
Jul 200016921928.534.09$5,717
Jun 200017519729.304.40$5,994
May 200034726127.263.68$10,420
Apr 200017026524.513.12$4,992
Mar 200016416128.422.86$5,121
Feb 200017112527.622.73$5,064
Jan 200016820525.272.48$4,754
Dec 199934626324.282.42$9,038
Nov 199916126223.192.43$4,371
Oct 199933624620.982.80$7,739
Sep 199916825321.752.62$4,317
Aug 199915929719.262.88$3,916
Jul 199916330117.892.37$3,630
Jun 199932733415.942.36$6,001
May 199933128415.792.32$5,886
Apr 199916215715.102.21$2,793
Mar 199916213112.471.84$2,261
Feb 19991661519.981.82$1,931
Jan 199916519610.381.90$2,085
Dec 19981601929.201.77$1,812
Nov 199816421510.892.19$2,256
Oct 199816321512.421.97$2,448
Sep 199816020012.592.08$2,431
Aug 199816422911.301.91$2,290
Jul 199816624311.742.24$2,493
Jun 199832325511.242.24$4,201
May 199816026512.622.21$2,604
Apr 199816425813.042.51$2,785
Mar 199816422012.802.31$2,607
Feb 199816123013.952.30$2,775
Jan 199832425514.702.15$5,312
Dec 199715826316.322.41$3,213
Nov 199716524018.193.09$3,743
Oct 199732325819.253.15$7,030
Sep 199716826817.742.95$3,772
Aug 199715827017.862.55$3,512
Jul 199731828217.582.25$6,224
Jun 199732123817.242.26$6,071
May 199717326018.972.31$3,882
Apr 199715926617.882.08$3,397
Mar 199732623418.951.94$6,631
Feb 199731821420.492.21$6,988
Jan 199715623023.483.54$4,477
Dec 199631824623.32$7,416
Nov 199616220621.97$3,559
Oct 199633025723.31$7,692
Sep 199632026022.22$7,110
Aug 199615728720.26$3,181
Jul 199617529219.55$3,421
Jun 199617427218.73$3,259
May 199634926919.43$6,781
Apr 199618027121.51$3,872
Mar 199634725219.38$6,725
Feb 199617722316.98$3,005
Jan 199618025617.07$3,073
Dec 199535527517.19$6,102
Nov 199518518816.00$2,960
Oct 199535727015.43$5,509
Sep 199518830416.18$3,042
Aug 199535633715.92$5,668
Jul 199517921415.24$2,728
Jun 199518719116.41$3,069
May 199517420717.56$3,055
Apr 199517426017.73$3,085
Mar 199537327316.44$6,132
Feb 199517921216.58$2,968
Jan 199518722815.92$2,977
Dec 199417514015.03$2,630
Nov 19941726315.90$2,735
Oct 19941696615.58$2,633
Sep 19943359115.29$5,122
Aug 199433816416.13$5,452
Jul 199417216617.56$3,020
Jun 199416520517.09$2,820
May 199433427115.88$5,304
Apr 199416027014.14$2,262
Mar 199418026912.46$2,243
Feb 199434423512.50$4,300
Jan 199418324212.66$2,317
Dec 199317824912.33$2,195
Nov 199318329314.49$2,652
Oct 199335529615.85$5,627
Sep 199317229715.03$2,585
Aug 199335532815.66$5,559
Jul 199318026115.46$2,783
Jun 199334827816.79$5,843
May 199317830917.68$3,147
Apr 199317528818.05$3,159
Mar 199334931818.14$6,331
Feb 199333627217.90$6,014
Jan 199317129416.93$2,895

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                  162 bbl  × $106.41 =    $17,238
Casinghead gas       141 Mcf  × $  3.05 =       $429

────────────────────────────────────────────────────
Month total                                  $17,668

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/2082 is the state's own key, not one this site invented.