UNIVERSITY -30-

Name: UNIVERSITY -30- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHEVRON MIDCONTINENT, L.P. (P-5 147862) in the BENEDUM (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4991District 7CField 07109875OilCasinghead gasSave Export

Value, all time

$448 k

Jan 1993 – Apr 2006

Value, last 12 filed months

at the published price for each month

Months reported

160

no gaps in the span

Streams

oil, casinghead gas

The BENEDUM (SPRABERRY) field

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 58 leases and 256 wells, and the rule below applies to all of them.

Discovered

1947-12-12

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “ FIELD ON 4000-1 RATIO PER WELL”

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.

Stream	Basis	Volume	Value
Oil	Disposition	15,261 bbl	$320,499
Casinghead gas	Production	52,859 Mcf	$127,496
Total			$447,995

18,590 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 (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 31.2784, -101.7687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27844, -101.76867 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,466 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

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 7,466 ft.

Plug dates filed

Nov 2005

1 of 1 wells

1 well


42-38310905	1	7,466 ft	—	Nov 2005	Yes

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 (160)

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

160 months


Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	5	0	49.20	7.36	$246
Mar 2005	87	78	50.37	7.15	$4,940
Feb 2005	54	246	45.22	6.31	$3,995
Jan 2005	137	288	43.16	6.32	$7,734
Dec 2004	108	292	39.86	6.75	$6,276
Nov 2004	147	339	45.28	6.33	$8,802
Oct 2004	43	283	49.70	6.52	$3,981
Sep 2004	78	314	43.24	5.28	$5,032
Aug 2004	81	380	42.37	5.55	$5,541
Jul 2004	81	320	38.28	6.08	$5,048
Jun 2004	83	326	36.10	6.43	$5,093
May 2004	67	330	37.48	6.49	$4,654
Apr 2004	67	308	34.47	5.86	$4,114
Mar 2004	97	329	34.36	5.53	$5,152
Feb 2004	111	322	32.45	5.51	$5,376
Jan 2004	115	332	32.03	6.30	$5,775
Dec 2003	108	347	30.26	6.30	$5,455
Nov 2003	135	305	28.80	4.60	$5,290
Oct 2003	132	302	28.17	4.76	$5,156
Sep 2003	79	286	26.31	4.75	$3,437
Aug 2003	81	308	29.76	5.13	$3,991
Jul 2003	108	310	29.41	5.17	$4,779
Jun 2003	80	299	28.56	5.98	$4,074
May 2003	105	316	26.59	5.97	$4,679
Apr 2003	107	310	26.67	5.41	$4,530
Mar 2003	134	317	31.14	6.10	$6,105
Feb 2003	108	299	33.48	7.93	$5,986
Jan 2003	89	325	30.31	5.58	$4,512
Dec 2002	159	352	26.91	4.85	$5,987
Nov 2002	75	351	24.66	4.14	$3,302
Oct 2002	122	380	26.46	4.23	$4,835
Sep 2002	75	371	27.44	3.64	$3,407
Aug 2002	10	0	25.96	3.16	$260
Jul 2002	66	365	24.58	3.06	$2,740
Jun 2002	57	350	23.73	3.34	$2,521
May 2002	71	302	24.66	3.58	$2,833
Apr 2002	56	278	23.65	3.51	$2,301
Mar 2002	57	277	22.00	3.10	$2,113
Feb 2002	58	256	18.22	2.38	$1,665
Jan 2002	71	273	17.17	2.38	$1,868
Dec 2001	42	259	16.93	2.36	$1,323
Nov 2001	55	272	18.07	2.41	$1,648
Oct 2001	70	378	19.78	2.53	$2,341
Sep 2001	42	282	24.26	2.25	$1,654
Aug 2001	55	297	24.87	3.05	$2,275
Jul 2001	55	305	23.93	3.20	$2,291
Jun 2001	70	293	24.56	3.82	$2,840
May 2001	68	286	25.52	4.31	$2,967
Apr 2001	41	286	24.68	5.34	$2,538
Mar 2001	56	286	24.54	5.38	$2,912
Feb 2001	57	259	27.75	5.77	$3,075
Jan 2001	71	285	27.47	8.40	$4,344
Dec 2000	60	312	26.88	9.12	$4,459
Nov 2000	60	296	32.21	5.66	$3,607
Oct 2000	75	312	31.23	5.15	$3,948
Sep 2000	59	313	31.87	5.19	$3,504
Aug 2000	59	328	29.64	4.54	$3,238
Jul 2000	57	358	28.53	4.09	$3,090
Jun 2000	58	341	29.30	4.40	$3,199
May 2000	57	371	27.26	3.68	$2,919
Apr 2000	72	349	24.51	3.12	$2,852
Mar 2000	72	356	28.42	2.86	$3,064
Feb 2000	73	332	27.62	2.73	$2,921
Jan 2000	73	353	25.27	2.48	$2,720
Dec 1999	92	356	24.28	2.42	$3,097
Nov 1999	73	346	23.19	2.43	$2,535
Oct 1999	72	384	20.98	2.80	$2,587
Sep 1999	84	378	21.75	2.62	$2,817
Aug 1999	134	334	19.26	2.88	$3,541
Jul 1999	0	272	17.89	2.37	$645
Jun 1999	0	540	15.94	2.36	$1,276
May 1999	76	443	15.79	2.32	$2,228
Apr 1999	97	575	15.10	2.21	$2,734
Mar 1999	96	579	12.47	1.84	$2,262
Feb 1999	94	383	9.98	1.82	$1,634
Jan 1999	95	417	10.38	1.90	$1,778
Dec 1998	96	416	9.20	1.77	$1,621
Nov 1998	119	406	10.89	2.19	$2,183
Oct 1998	94	411	12.42	1.97	$1,977
Sep 1998	71	419	12.59	2.08	$1,767
Aug 1998	138	434	11.30	1.91	$2,387
Jul 1998	82	394	11.74	2.24	$1,844
Jun 1998	103	432	11.24	2.24	$2,124
May 1998	105	540	12.62	2.21	$2,517
Apr 1998	102	478	13.04	2.51	$2,528
Mar 1998	132	454	12.80	2.31	$2,738
Feb 1998	104	328	13.95	2.30	$2,205
Jan 1998	127	427	14.70	2.15	$2,787
Dec 1997	116	399	16.32	2.41	$2,855
Nov 1997	107	430	18.19	3.09	$3,274
Oct 1997	137	504	19.25	3.15	$4,225
Sep 1997	56	421	17.74	2.95	$2,237
Aug 1997	108	407	17.86	2.55	$2,969
Jul 1997	83	440	17.58	2.25	$2,448
Jun 1997	107	349	17.24	2.26	$2,632
May 1997	87	436	18.97	2.31	$2,657
Apr 1997	172	365	17.88	2.08	$3,836
Mar 1997	43	422	18.95	1.94	$1,633
Feb 1997	87	346	20.49	2.21	$2,546
Jan 1997	102	329	23.48	3.54	$3,560
Dec 1996	129	268	23.32	—	$3,008
Nov 1996	131	259	21.97	—	$2,878
Oct 1996	131	270	23.31	—	$3,054
Sep 1996	128	285	22.22	—	$2,844
Aug 1996	134	391	20.26	—	$2,715
Jul 1996	147	433	19.55	—	$2,874
Jun 1996	48	432	18.73	—	$899
May 1996	105	514	19.43	—	$2,040
Apr 1996	129	432	21.51	—	$2,775
Mar 1996	140	229	19.38	—	$2,713
Feb 1996	108	422	16.98	—	$1,834
Jan 1996	143	467	17.07	—	$2,441
Dec 1995	142	448	17.19	—	$2,441
Nov 1995	161	453	16.00	—	$2,576
Oct 1995	146	479	15.43	—	$2,253
Sep 1995	124	435	16.18	—	$2,006
Aug 1995	123	425	15.92	—	$1,958
Jul 1995	127	446	15.24	—	$1,935
Jun 1995	118	438	16.41	—	$1,936
May 1995	139	437	17.56	—	$2,441
Apr 1995	112	441	17.73	—	$1,986
Mar 1995	96	443	16.44	—	$1,578
Feb 1995	96	376	16.58	—	$1,592
Jan 1995	116	428	15.92	—	$1,847
Dec 1994	137	421	15.03	—	$2,059
Nov 1994	96	434	15.90	—	$1,526
Oct 1994	98	458	15.58	—	$1,527
Sep 1994	96	443	15.29	—	$1,468
Aug 1994	116	471	16.13	—	$1,871
Jul 1994	92	490	17.56	—	$1,616
Jun 1994	202	448	17.09	—	$3,452
May 1994	165	282	15.88	—	$2,620
Apr 1994	154	255	14.14	—	$2,178
Mar 1994	211	238	12.46	—	$2,629
Feb 1994	187	210	12.50	—	$2,338
Jan 1994	216	214	12.66	—	$2,735
Dec 1993	182	226	12.33	—	$2,244
Nov 1993	183	225	14.49	—	$2,652
Oct 1993	216	237	15.85	—	$3,424
Sep 1993	110	426	15.03	—	$1,653
Aug 1993	154	449	15.66	—	$2,412
Jul 1993	150	414	15.46	—	$2,319
Jun 1993	142	436	16.79	—	$2,384
May 1993	227	327	17.68	—	$4,013
Apr 1993	184	283	18.05	—	$3,321
Mar 1993	243	397	18.14	—	$4,408
Feb 1993	183	728	17.90	—	$3,276
Jan 1993	192	427	16.93	—	$3,251

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.

Apr 2005 — as filed, then multipliedworked

Oil                    5 bbl  × $ 49.20 =       $246
Casinghead gas         0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                     $246

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/4991 is the state's own key, not one this site invented.