UNIVERSITY -P-

Operated by EXTEX OPERATING COMPANY (P-5 257062) in the FARMER (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 462District 7CField 30243500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$5.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$82 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 351 leases and 1,445 wells, and the rule below applies to all of them.

Discovered
1953-01-10
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 10 acres. The field rule took effect on 1997-12-16.

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: PER DOCKET 7C-0214566 ON 3/7/97.

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
NGPA5none

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
OilDisposition115,950 bbl$4,807,761
Casinghead gasProduction345,455 Mcf$1,133,419
Total$5,941,180

90,751 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 (8)

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 31.0297, -101.4181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.02963, -101.41797 · 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
25.0%
2 of 8 wells
With a plug date
25.0%
2 of 8 wells
Median depth
2,653 ft
8 wells filed one
Completion to plug
23.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
225.0%
A plug date is filed
225.0%
BothOn the schedule and plugged. Neither fact cancels the other.
225.0%
NeitherNo plug date, and not on the schedule.
675.0%

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, 8 of 8 wells. Median 2,653 ft, with the middle half between 2,595 and 2,712 ft; the shallowest is 2,570 ft and the deepest 2,727 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, 8 of 8 wells, May 1980 – Oct 1990. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1980 – Oct 1990
8 of 8 wells
Plug dates filed
Oct 2012
2 of 8 wells; 6 filed none

Last completion to plug: a median of 23.6 years across the 2 wells that filed both dates, with the middle half between 22.8 years and 24.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-1050234332,600 ftOct 1990
42-1050233322,600 ftOct 1990Oct 2012Yes
42-1053539882,705 ftAug 1987
42-1053539972,712 ftAug 1987Oct 2012Yes
42-1053537162,713 ftJul 1987
42-1053537052,727 ftJul 1987
42-1050235242,580 ftJan 1984
42-1050232412,570 ftMay 1980

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 202643456106.413.05$5,965
Apr 20266637998.932.87$7,617
Mar 20269338289.753.15$9,550
Feb 20265234563.503.75$4,596
Jan 20265240159.138.00$6,282
Dec 20258140056.664.41$6,355
Nov 20256538158.593.93$5,304
Oct 202511144559.383.30$8,062
Sep 20257751162.743.08$6,403
Aug 20259649463.933.01$7,627
Jul 20259953166.743.32$8,368
Jun 20255948666.483.13$5,443
May 202512852160.553.23$9,434
Apr 20259750662.363.54$7,842
Mar 20259851167.704.27$8,816
Feb 202512648570.884.34$11,036
Jan 202510053274.324.28$9,708
Dec 202412453468.993.12$10,222
Nov 202413155069.052.20$10,255
Oct 202415859871.372.28$12,641
Sep 202413262269.612.36$10,659
Aug 202410754975.632.06$9,225
Jul 202413053379.932.15$11,535
Jun 202412854878.082.63$11,438
May 202410454878.812.20$9,401
Apr 202418956084.451.66$16,890
Mar 2024151080.301.55$12,125
Feb 20247744676.091.78$6,654
Jan 20246638573.023.30$6,089
Dec 202312038671.262.61$9,559
Nov 202313143977.892.81$11,436
Oct 20236451285.443.09$7,049
Sep 20238850689.042.74$9,219
Aug 202311550280.522.67$10,602
Jul 20237549474.852.64$6,919
Jun 202311549768.962.26$9,053
May 20238653670.622.23$7,267
Apr 20238348978.122.24$7,578
Mar 20237542772.852.39$6,486
Feb 20235634775.112.47$5,062
Jan 20239037776.533.39$8,165
Dec 20226337176.415.73$6,939
Nov 20228639185.005.65$9,518
Oct 20228146687.185.86$9,794
Sep 2022918184.888.16$8,385
Aug 20228011894.529.13$8,639
Jul 202268884101.587.54$13,575
Jun 202279727115.097.98$14,892
May 202267624109.378.43$12,590
Apr 202265529104.226.84$10,391
Mar 2022109481108.885.08$14,310
Feb 20228058091.054.86$10,102
Jan 20227766181.844.54$9,301
Dec 20216671571.323.90$7,495
Nov 20211963677.435.24$4,802
Oct 20211058479.795.71$4,135
Sep 20213951569.865.35$5,480
Aug 20213064166.024.22$4,686
Jul 20212047470.783.98$3,303
Jun 20212051669.493.38$3,134
May 20213554563.483.02$3,866
Apr 20215046460.362.76$4,298
Mar 20212770261.302.72$3,562
Feb 20212734657.805.55$3,480
Jan 20214551550.412.81$3,716
Dec 2020309244.642.68$1,585
Nov 20202838138.772.71$2,117
Oct 20204020436.972.48$1,984
Sep 20203720637.091.99$1,782
Aug 202039039.982.39$1,559
Jul 20204623238.371.83$2,188
Jun 20206416134.901.69$2,506
May 2020289216.921.81$641
Apr 20209320014.751.80$1,733
Mar 202011520430.341.86$3,868
Feb 202012523749.881.98$6,704
Jan 20208311657.252.09$4,995
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201911053.112.30$584
Jul 2019106056.272.46$5,965
Jun 201912423852.782.49$7,138
May 201918728958.482.74$11,728
Apr 201912217562.632.75$8,122
Mar 201914317056.803.06$8,643
Feb 201916114650.852.79$8,595
Jan 201915016646.033.23$7,440
Dec 201813713746.594.19$6,956
Nov 201814217252.934.24$8,245
Oct 2018838961.443.40$5,402
Sep 20181026059.543.11$6,260
Aug 20188814559.403.07$5,672
Jul 20188514965.142.93$5,974
Jun 2018777360.183.08$4,858
May 20189216465.382.90$6,491
Apr 201817427163.842.90$11,894
Mar 201818246361.222.79$12,432
Feb 201815234361.782.77$10,339
Jan 201823437862.874.01$16,227
Dec 201716332457.272.92$10,282
Nov 201719942955.423.12$12,366
Oct 201721450849.292.98$12,064
Sep 201718149847.523.09$10,139
Aug 201720739045.373.00$10,563
Jul 201720651143.873.09$10,615
Jun 201720350942.493.09$10,197
May 201721949945.373.26$11,564
Apr 201719048247.933.21$10,655
Mar 201723652346.772.98$12,598
Feb 201716544750.452.95$9,644
Jan 201725751349.413.42$14,452
Dec 201621651048.763.72$12,431
Nov 201623151142.492.64$11,166
Oct 201622852646.193.09$12,157
Sep 201619050941.553.10$9,473
Aug 201621250641.442.92$10,265
Jul 201620158741.622.92$10,082
Jun 201619845645.352.69$10,204
May 201619741542.521.99$9,203
Apr 201622555936.561.99$9,339
Mar 201620153633.011.79$7,597
Feb 201619246726.472.06$6,046
Jan 201620735127.352.36$6,491
Dec 201517738032.362.00$6,488
Nov 201518746338.792.17$8,257
Oct 201522347543.552.43$10,864
Sep 201520943242.992.76$10,177
Aug 201521949740.162.87$10,223
Jul 201524760748.152.95$13,681
Jun 201518838156.152.88$11,655
May 201515942855.212.96$10,043
Apr 201521141949.822.71$11,646
Mar 201517843942.892.93$8,923
Feb 201516640344.662.98$8,613
Jan 201522049243.433.10$11,080
Dec 201421252554.693.59$13,480
Nov 201423153770.464.25$18,560
Oct 201424154478.303.90$20,992
Sep 201420750886.164.05$19,890
Aug 201423455089.394.04$23,137
Jul 201421449496.564.18$22,729
Jun 201418956798.164.74$21,238
May 201424366494.734.73$26,158
Apr 201419659595.944.81$21,666
Mar 201427664295.895.06$29,712
Feb 201417353597.406.19$20,163
Jan 201425565990.404.86$26,255
Dec 201316052991.824.35$16,995
Nov 201316258088.853.74$16,562
Oct 201321775797.423.78$24,001
Sep 2013166675104.113.72$19,792
Aug 2013172636104.253.52$20,171
Jul 2013208537102.523.72$23,321
Jun 201317066394.403.93$18,656
May 201318658294.834.15$20,053
Apr 201323565093.964.28$24,864
Mar 201321467693.623.91$22,680
Feb 201324969691.233.42$25,097
Jan 201322469691.603.42$22,899
Dec 201221270286.773.42$20,796
Nov 201222373686.953.62$22,058
Oct 201225177789.383.40$25,076
Sep 201222262694.672.92$22,844
Aug 201220968992.662.91$21,370
Jul 201224371985.133.02$22,859
Jun 201222073979.822.52$19,422
May 201221874291.612.49$21,817
Apr 2012233746101.652.00$25,174
Mar 2012260796105.052.22$29,082
Feb 2012236713101.102.57$25,692
Jan 201221374098.092.73$22,916
Dec 201125773296.873.24$27,267
Nov 201125174995.723.31$26,506
Oct 201127978284.983.65$26,563
Sep 201131872683.623.99$29,485
Aug 201125871083.404.15$24,463
Jul 201133869894.144.52$34,972
Jun 201128968592.904.64$30,026
May 201129571598.134.40$32,098
Apr 2011308734105.964.33$35,816
Mar 201135176696.364.06$36,930
Feb 201123669385.644.18$23,108
Jan 201126668586.504.59$26,152
Dec 201028366785.734.35$27,162
Nov 201034990080.843.80$31,629
Oct 201036493178.103.51$31,695
Sep 201034489872.633.98$28,558
Aug 201031680773.684.42$26,849
Jul 201032286072.554.74$27,434
Jun 201030384470.364.91$25,463
May 201026882871.124.24$22,567
Apr 201024979081.694.12$23,598
Mar 201031483278.394.39$28,266
Feb 201026570573.585.44$23,336
Jan 201029477274.365.96$26,466
Dec 200930979371.445.48$26,424
Nov 200930980374.593.75$26,061
Oct 200930185872.544.11$25,361
Sep 200930884365.543.06$22,770
Aug 200931584067.423.22$23,941
Jul 200931588561.133.46$22,322
Jun 200928779166.163.90$22,069
May 200932989154.743.93$21,507
Apr 200928584246.773.59$16,350
Mar 200930980842.144.06$16,301
Feb 200929577932.814.63$13,288
Jan 200931987435.865.37$16,134
Dec 200832183337.105.98$16,888
Nov 200831887855.496.86$23,669
Oct 200833093075.246.92$31,267
Sep 2008202704101.767.88$26,101
Aug 2008306874114.228.48$42,365
Jul 2008330925131.0811.39$53,792
Jun 2008336943131.3313.03$56,417
May 2008393946123.1711.57$59,355
Apr 2008285867110.3110.45$40,503
Mar 2008411948101.909.66$51,042
Feb 200841084792.538.77$45,366
Jan 200831684190.388.21$35,461
Dec 200726885888.337.30$29,938
Nov 200728882491.677.29$32,409
Oct 200729790082.856.92$30,836
Sep 200726186275.846.24$25,177
Aug 200728281969.066.39$24,707
Jul 200727281470.906.39$24,485
Jun 200727976062.007.55$23,035
May 200726083658.747.85$21,832
Apr 200730386259.617.81$24,790
Mar 200729288956.927.30$23,112
Feb 200724572455.108.22$19,448
Jan 200728781450.306.73$19,912
Dec 200626588156.656.92$21,107
Nov 200629887954.207.62$22,847
Oct 200630595654.906.01$22,494
Sep 200630790460.085.04$22,998
Aug 200628692068.717.34$26,404
Jul 200626397069.376.34$24,397
Jun 200627093466.286.38$23,858
May 200631695066.016.42$26,963
Apr 200626491864.397.36$23,756
Mar 200630592156.707.08$23,817
Feb 200623283757.597.75$19,849
Jan 200626194960.598.93$24,292
Dec 200524894654.9413.42$26,316
Nov 200530496254.6910.59$26,812
Oct 20052931,01958.3413.80$31,152
Sep 200530686561.4512.08$29,252
Aug 200532188361.519.80$28,395
Jul 20053271,04655.697.84$26,415
Jun 20052741,74252.337.38$27,196
May 200533797545.226.65$21,724
Apr 200531098549.207.36$22,502
Mar 20053552,03650.377.15$32,449
Feb 200530287145.226.31$19,154
Jan 20053571,00043.166.32$21,730
Dec 200431692239.866.75$18,820
Nov 20043191,01045.286.33$20,838
Oct 20043401,04949.706.52$23,732
Sep 20043511,00143.245.28$20,466
Aug 200433984442.375.55$19,048
Jul 200432893138.286.08$18,220
Jun 200432990236.106.43$17,679
May 200432091237.486.49$17,917
Apr 200434388734.475.86$17,020
Mar 200435792634.365.53$17,387
Feb 200432780232.455.51$15,030
Jan 200433869732.036.30$15,217
Dec 200334787830.266.30$16,033
Nov 200332281928.804.60$13,037
Oct 200335893828.174.76$14,549
Sep 200332390226.314.75$12,782
Aug 200334493929.765.13$15,054
Jul 200336782929.415.17$15,080
Jun 200334377928.565.98$14,457
May 200335188226.595.97$14,601
Apr 200336287226.675.41$14,370
Mar 200337394431.146.10$17,370
Feb 200333177633.487.93$17,232
Jan 200337594630.315.58$16,647
Dec 200237896226.914.85$14,841
Nov 200236392924.664.14$12,795
Oct 200239183926.464.23$13,894
Sep 200237798627.443.64$13,929
Aug 20023641,05725.963.16$12,794
Jul 20023741,07124.583.06$12,472
Jun 20023681,03323.733.34$12,181
May 20023771,05224.663.58$13,067
Apr 200235498323.653.51$11,825
Mar 20023901,02722.003.10$11,766
Feb 200232089118.222.38$7,947
Jan 200237596417.172.38$8,729
Dec 200136092216.932.36$8,275
Nov 200136399618.072.41$8,955
Oct 20013861,06919.782.53$10,338
Sep 20013691,00824.262.25$11,221
Aug 20013891,03724.873.05$12,841
Jul 20013941,18623.933.20$13,220
Jun 20013631,14924.563.82$13,309
May 20014161,23025.524.31$15,914
Apr 200137297524.685.34$14,383
Mar 20013941,05924.545.38$15,362
Feb 20013471,02727.755.77$15,552
Jan 20013871,12427.478.40$20,071
Dec 20003461,06326.889.12$18,998
Nov 20003311,09632.215.66$16,863
Oct 20004071,08931.235.15$18,314
Sep 200035090031.875.19$15,822
Aug 20004231,03229.644.54$17,224
Jul 20004031,15228.534.09$16,209
Jun 20003231,04529.304.40$14,059
May 20003961,19327.263.68$15,185
Apr 20003871,07524.513.12$12,835
Mar 20003921,02328.422.86$14,066
Feb 200039883927.622.73$13,280
Jan 200050391625.272.48$14,983
Dec 199939882824.282.42$11,670
Nov 199938674623.192.43$10,767
Oct 199929895120.982.80$8,918
Sep 19992821,49621.752.62$10,051
Aug 19992701,57819.262.88$9,738
Jul 19992811,57517.892.37$8,764
Jun 19993231,21415.942.36$8,016
May 199943678815.792.32$8,713
Apr 19994791,18115.102.21$9,841
Mar 19995201,19512.471.84$8,681
Feb 19995011,0919.981.82$6,983
Jan 19993881,22110.381.90$6,347
Dec 19984161,1039.201.77$5,783
Nov 19983991,28110.892.19$7,145
Oct 19984201,31912.421.97$7,814
Sep 19984401,35412.592.08$8,359
Aug 19983961,39811.301.91$7,141
Jul 19984181,34111.742.24$7,908
Jun 19983931,26111.242.24$7,239
May 19984331,36012.622.21$8,465
Apr 19983781,22513.042.51$7,998
Mar 19984111,34312.802.31$8,362
Feb 19983111,19913.952.30$7,095
Jan 19983591,33514.702.15$8,154
Dec 19973451,36816.322.41$8,929
Nov 19974311,34218.193.09$11,984
Oct 19974881,40319.253.15$13,813
Sep 19973781,46017.742.95$11,020
Aug 19974161,52617.862.55$11,328
Jul 19973181,51417.582.25$8,992
Jun 19972811,33417.242.26$7,856
May 1997336018.972.31$6,374
Apr 19973361,33917.882.08$8,797
Mar 19973581,12318.951.94$8,962
Feb 19973901,31220.492.21$10,885
Jan 19972992,17723.483.54$14,726
Dec 19964721,29323.32$11,007
Nov 19964511,47521.97$9,908
Oct 19966961,56723.31$16,224
Sep 19965241,61122.22$11,643
Aug 19963801,35920.26$7,699
Jul 19963711,36319.55$7,253
Jun 19963321,37118.73$6,218
May 199631693419.43$6,140
Apr 19963391,48721.51$7,292
Mar 19963091,69719.38$5,988
Feb 19963391,61916.98$5,756
Jan 19964541,62817.07$7,750
Dec 19954321,63917.19$7,426
Nov 19954421,64116.00$7,072
Oct 19954241,63715.43$6,542
Sep 19955181,78416.18$8,381
Aug 19956341,89415.92$10,093
Jul 19956341,70515.24$9,662
Jun 19955401,59716.41$8,861
May 19955741,82517.56$10,079
Apr 19956351,86917.73$11,259
Mar 19957281,87016.44$11,968
Feb 19956841,72916.58$11,341
Jan 19958071,91915.92$12,847
Dec 19948301,81415.03$12,475
Nov 19948021,81115.90$12,752
Oct 19948461,93915.58$13,181
Sep 19947711,94215.29$11,789
Aug 19949332,16816.13$15,049
Jul 19948092,03517.56$14,206
Jun 19948431,84817.09$14,407
May 19949681,82115.88$15,372
Apr 19941,0101,80514.14$14,281
Mar 19949661,89212.46$12,036
Feb 19949411,70012.50$11,763
Jan 19946171,85912.66$7,811
Dec 19937572,10212.33$9,334
Nov 19937821,91914.49$11,331
Oct 19937532,85615.85$11,935
Sep 19937962,97615.03$11,964
Aug 19938522,52515.66$13,342
Jul 19938352,54315.46$12,909
Jun 19935602,28016.79$9,402
May 19936521,93017.68$11,527
Apr 19938312,59318.05$15,000
Mar 19936522,56218.14$11,827
Feb 19938512,53017.90$15,233
Jan 19937692,78816.93$13,019

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                   43 bbl  × $106.41 =     $4,576
Casinghead gas       456 Mcf  × $  3.05 =     $1,389

────────────────────────────────────────────────────
Month total                                   $5,965

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/462 is the state's own key, not one this site invented.