UNIVERSITY -C-

Operated by FIELDS OIL & GAS COMPANY, LLC (P-5 267445) in the BLOCK 49 (2450) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2357District 7CField 09521500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$48 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 13 leases and 77 wells, and the rule below applies to all of them.

Discovered
1955-11-15
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 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.

The Commission's schedule remark for this field reads: OPTIONAL 20 ACRES, DIAGONAL OF 1500.

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
NGPA2none

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
OilDisposition29,554 bbl$1,441,114
Casinghead gasProduction32,151 Mcf$98,778
Total$1,539,892

10,437 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 (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 31.1183, -101.4074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.11881, -101.40803 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
2,551 ft
2 wells filed one
Completion to plug
64.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 2,525 and 2,576 ft, median 2,551 ft, over the 2 wells that filed a depth.

Completions filed
May 1956 – Jun 1968
3 of 3 wells
Plug dates filed
Oct 2020
1 of 3 wells; 2 filed none

Last completion to plug: a median of 64.4 years across the 1 well that filed both dates, with the middle half between 64.4 years and 64.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-383113453Jun 1968
42-3831122222,525 ftFeb 1968
42-3830118512,576 ftMay 1956Oct 2020Yes

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 20261640106.413.05$17,451
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026166059.138.00$9,816
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025163062.743.08$10,227
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025164066.483.13$10,903
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025165067.704.27$11,171
Feb 20250070.884.34$0
Jan 2025165074.324.28$12,263
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024161069.612.36$11,207
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024166078.812.20$13,082
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024164076.091.78$12,479
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023162077.892.81$12,618
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023159080.522.67$12,803
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023157070.622.23$11,087
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023159075.112.47$11,942
Jan 20230076.533.39$0
Dec 2022160076.415.73$12,226
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022159084.888.16$13,496
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221610115.097.98$18,529
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221590108.885.08$17,312
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021158071.323.90$11,269
Nov 2021163077.435.24$12,621
Oct 20210079.795.71$0
Sep 2021164069.865.35$11,457
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021159063.483.02$10,093
Apr 20210060.362.76$0
Mar 2021150061.302.72$9,195
Feb 20210057.805.55$0
Jan 2021165050.412.81$8,318
Dec 20200044.642.68$0
Nov 2020163038.772.71$6,320
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020159049.881.98$7,931
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019161053.472.42$8,609
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019156052.782.49$8,234
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019166050.852.79$8,441
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018164052.934.24$8,681
Oct 20180061.443.40$0
Sep 2018163059.543.11$9,705
Aug 20180059.403.07$0
Jul 2018162065.142.93$10,553
Jun 20180060.183.08$0
May 2018164065.382.90$10,722
Apr 20180063.842.90$0
Mar 2018165061.222.79$10,101
Feb 20180061.782.77$0
Jan 2018160062.874.01$10,059
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017166049.292.98$8,182
Sep 20170047.523.09$0
Aug 2017164045.373.00$7,441
Jul 2017163043.873.09$7,151
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017163047.933.21$7,813
Mar 20170046.772.98$0
Feb 2017165050.452.95$8,324
Jan 20170049.413.42$0
Dec 2016165048.763.72$8,045
Nov 20160042.492.64$0
Oct 2016166046.193.09$7,668
Sep 20160041.553.10$0
Aug 2016163041.442.92$6,755
Jul 20160041.622.92$0
Jun 2016161045.352.69$7,301
May 201601542.521.99$30
Apr 20161641836.561.99$6,032
Mar 201602333.011.79$41
Feb 20161682226.472.06$4,492
Jan 201602127.352.36$50
Dec 201502132.362.00$42
Nov 20151622038.792.17$6,327
Oct 201502043.552.43$49
Sep 20151631842.992.76$7,057
Aug 201501640.162.87$46
Jul 20151621748.152.95$7,850
Jun 201501956.152.88$55
May 201501155.212.96$33
Apr 201501749.822.71$46
Mar 20151652742.892.93$7,156
Feb 201503244.662.98$95
Jan 201503743.433.10$115
Dec 20141635854.693.59$9,123
Nov 201404670.464.25$196
Oct 201404378.303.90$168
Sep 20141656086.164.05$14,459
Aug 20141624989.394.04$14,679
Jul 201405396.564.18$222
Jun 20141654098.164.74$16,386
May 20141584894.734.73$15,194
Apr 201405895.944.81$279
Mar 201404495.895.06$223
Feb 201406097.406.19$372
Jan 201407790.404.86$374
Dec 201302791.824.35$118
Nov 201306288.853.74$232
Oct 201306697.423.78$249
Sep 2013031104.113.72$115
Aug 201316127104.253.52$16,879
Jul 2013031102.523.72$115
Jun 20131646794.403.93$15,745
May 201308094.834.15$332
Apr 20131645593.964.28$15,645
Mar 201309393.623.91$364
Feb 201308391.233.42$284
Jan 20131598691.603.42$14,859
Dec 201207286.773.42$246
Nov 20121639086.953.62$14,499
Oct 201209189.383.40$309
Sep 20121667194.672.92$15,922
Aug 201206992.662.91$201
Jul 201205985.133.02$178
Jun 20121627379.822.52$13,115
May 2012010191.612.49$251
Apr 201216289101.652.00$16,645
Mar 2012091105.052.22$202
Feb 2012073101.102.57$188
Jan 20121658298.092.73$16,409
Dec 201107996.873.24$256
Nov 20111669095.723.31$16,188
Oct 201109084.983.65$328
Sep 20111628083.623.99$13,865
Aug 201109883.404.15$407
Jul 201106094.144.52$271
Jun 20111639292.904.64$15,570
May 201105698.134.40$247
Apr 201116480105.964.33$17,724
Mar 201108496.364.06$341
Feb 20111639285.644.18$14,344
Jan 2011015686.504.59$716
Dec 2010014985.734.35$648
Nov 201016413480.843.80$13,766
Oct 2010015178.103.51$530
Sep 201016313372.633.98$12,368
Aug 201004673.684.42$203
Jul 20101662272.554.74$12,148
Jun 201004770.364.91$231
May 20101628471.124.24$11,877
Apr 201008281.694.12$338
Mar 20101657878.394.39$13,277
Feb 201008373.585.44$452
Jan 20101649374.365.96$12,750
Dec 200909371.445.48$510
Nov 200908774.593.75$326
Oct 20091668272.544.11$12,379
Sep 200908365.543.06$254
Aug 20091638867.423.22$11,273
Jul 200908861.133.46$305
Jun 20091659866.163.90$11,298
May 2009010354.743.93$404
Apr 20091649446.773.59$8,008
Mar 200909642.144.06$390
Feb 200909432.814.63$436
Jan 20091559935.865.37$6,090
Dec 200808737.105.98$520
Nov 20081659855.496.86$9,828
Oct 2008010675.246.92$734
Sep 200816473101.767.88$17,264
Aug 2008092114.228.48$780
Jul 2008164101131.0811.39$22,647
Jun 20080103131.3313.03$1,342
May 2008164100123.1711.57$21,357
Apr 2008094110.3110.45$983
Mar 200816592101.909.66$17,703
Feb 200808892.538.77$772
Jan 20081679990.388.21$15,906
Dec 2007010788.337.30$781
Nov 200716311091.677.29$15,744
Oct 200705582.856.92$381
Sep 20071633075.846.24$12,549
Aug 200706169.066.39$390
Jul 2007165170.906.39$11,705
Jun 20071634462.007.55$10,438
May 200707758.747.85$604
Apr 200708559.617.81$663
Mar 20071659756.927.30$10,100
Feb 20071667155.108.22$9,730
Jan 200709650.306.73$646
Dec 200609956.656.92$685
Nov 200616310354.207.62$9,619
Oct 200608954.906.01$535
Sep 20061657860.085.04$10,306
Aug 20061666368.717.34$11,868
Jul 200606969.376.34$438
Jun 200606766.286.38$428
May 200616310766.016.42$11,447
Apr 2006010764.397.36$788
Mar 200616610056.707.08$10,120
Feb 200608357.597.75$643
Jan 20061658660.598.93$10,766
Dec 200507254.9413.42$966
Nov 2005011054.6910.59$1,165
Oct 20051657058.3413.80$10,592
Sep 200508361.4512.08$1,003
Aug 20051638761.519.80$10,878
Jul 2005010655.697.84$831
Jun 2005010552.337.38$775
May 200516610245.226.65$8,185
Apr 20051659849.207.36$8,839
Mar 2005011050.377.15$787
Feb 200508545.226.31$537
Jan 200516710043.166.32$7,840
Dec 20041649339.866.75$7,165
Nov 200408745.286.33$551
Oct 2004010749.706.52$697
Sep 200416410543.245.28$7,646
Aug 2004010542.375.55$583
Jul 20041628938.286.08$6,743
Jun 20041633836.106.43$6,129
May 200407937.486.49$513
Apr 20041648734.475.86$6,163
Mar 200409434.365.53$520
Feb 200408332.455.51$457
Jan 20041658832.036.30$5,839
Dec 200307630.266.30$479
Nov 20031648528.804.60$5,114
Oct 200308628.174.76$409
Sep 200316611026.314.75$4,890
Aug 200305529.765.13$282
Jul 200316312329.415.17$5,430
Jun 2003011028.565.98$658
May 200316210626.595.97$4,941
Apr 2003010926.675.41$589
Mar 200316711731.146.10$5,914
Feb 200316610833.487.93$6,414
Jan 2003011230.315.58$625
Dec 20021457226.914.85$4,251
Nov 200207924.664.14$327
Oct 20021656226.464.23$4,628
Sep 2002010427.443.64$378
Aug 200216313625.963.16$4,662
Jul 2002010724.583.06$328
Jun 200216311423.733.34$4,249
May 2002013624.663.58$487
Apr 200216411523.653.51$4,283
Mar 200216610122.003.10$3,965
Feb 200208418.222.38$200
Jan 200208517.172.38$202
Dec 20011678516.932.36$3,028
Nov 200109118.072.41$219
Oct 200116311719.782.53$3,520
Sep 200116512824.262.25$4,291
Aug 2001013924.873.05$424
Jul 200116310623.933.20$4,239
Jun 200107424.563.82$283
May 20011647025.524.31$4,487
Apr 200106224.685.34$331
Mar 200116610024.545.38$4,611
Feb 200109827.755.77$565
Jan 20011659027.478.40$5,288
Dec 20001669126.889.12$5,292
Nov 2000016732.215.66$945
Oct 200016217231.235.15$5,944
Sep 2000017031.875.19$882
Aug 200016217929.644.54$5,614
Jul 200016413228.534.09$5,219
Jun 2000011129.304.40$488
May 200016110027.263.68$4,757
Apr 2000010224.513.12$318
Mar 20001666328.422.86$4,898
Feb 200008527.622.73$232
Jan 200016512225.272.48$4,472
Dec 199916514424.282.42$4,355
Nov 1999018123.192.43$441
Oct 199916524320.982.80$4,143
Sep 199916421921.752.62$4,141
Aug 1999022919.262.88$659
Jul 199916316617.892.37$3,310
Jun 1999023615.942.36$557
May 199916522015.792.32$3,116
Apr 199916317115.102.21$2,839
Mar 19991662912.471.84$2,123
Feb 19990109.981.82$18
Jan 19990610.381.90$11
Dec 199815149.201.77$1,396
Nov 19980510.892.19$11
Oct 19980212.421.97$4
Sep 19981641112.592.08$2,088
Aug 199806311.301.91$120
Jul 199805111.742.24$114
Jun 199807811.242.24$175
May 1998021512.622.21$474
Apr 199816218813.042.51$2,583
Mar 1998022712.802.31$524
Feb 199816518913.952.30$2,736
Jan 1998019714.702.15$424
Dec 199716621916.322.41$3,237
Nov 1997018818.193.09$581
Oct 199716422419.253.15$3,863
Sep 199716319517.742.95$3,468
Aug 1997016417.862.55$419
Jul 199716421917.582.25$3,375
Jun 1997018717.242.26$422
May 199716520918.972.31$3,613
Apr 1997019317.882.08$402
Mar 199711622618.951.94$2,636
Feb 199716721320.492.21$3,892
Jan 199716422323.483.54$4,640
Dec 1996021123.32$0
Nov 199616322821.97$3,581
Oct 199616321123.31$3,800
Sep 1996022622.22$0
Aug 199616521920.26$3,343
Jul 1996018719.55$0
Jun 199617521418.73$3,278
May 1996023419.43$0
Apr 199616714221.51$3,592
Mar 1996021919.38$0
Feb 199616520516.98$2,802
Jan 199616421217.07$2,799
Dec 1995021417.19$0
Nov 199516519516.00$2,640
Oct 1995018715.43$0
Sep 199516623416.18$2,686
Aug 1995022715.92$0
Jul 199516223415.24$2,469
Jun 1995020416.41$0
May 199516322117.56$2,862
Apr 199516522217.73$2,925
Mar 1995021816.44$0
Feb 199516718816.58$2,769
Jan 1995020215.92$0
Dec 199416420715.03$2,465
Nov 199416518415.90$2,624
Oct 1994021815.58$0
Sep 199416320715.29$2,492
Aug 1994023816.13$0
Jul 199416223317.56$2,845
Jun 199416527017.09$2,820
May 1994025415.88$0
Apr 199416617514.14$2,347
Mar 199416423612.46$2,043
Feb 199416823112.50$2,100
Jan 1994023812.66$0
Dec 199316726712.33$2,059
Nov 1993023314.49$0
Oct 199316622215.85$2,631
Sep 1993019915.03$0
Aug 199316424715.66$2,568
Jul 199316220815.46$2,505
Jun 1993121516.79$17
May 199316522617.68$2,917
Apr 1993022518.05$0
Mar 199332723218.14$5,932
Feb 1993021817.90$0
Jan 1993020016.93$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                  164 bbl  × $106.41 =    $17,451
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,451

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/2357 is the state's own key, not one this site invented.