UNIVERSITY -19-

Name: UNIVERSITY -19- 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 5129District 7CField 07109875OilCasinghead gasSave Export

Value, all time

$877 k

Jan 1993 – Apr 2012

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

232

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	16,280 bbl	$599,064
Casinghead gas	Production	92,608 Mcf	$278,015
Total			$877,078

34,406 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 (2)

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 31.2731, -101.7645. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.27311, -101.76447 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

7,445 ft

2 wells filed one

Completion to plug

37.2 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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

Between 7,440 and 7,450 ft, median 7,445 ft, over the 2 wells that filed a depth.

Completions filed

Feb 1967 – Sep 1967

2 of 2 wells

Plug dates filed

Feb 1997 – Jan 2012

2 of 2 wells

Last completion to plug: a median of 37.2 years across the 2 wells that filed both dates, with the middle half between 33.6 years and 40.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38311195	2	7,440 ft	Sep 1967	Jan 2012	Yes
42-38311063	1	7,450 ft	Feb 1967	Feb 1997	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 (232)

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

232 months


Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	15	0	83.40	4.15	$1,251
Jul 2011	12	27	94.14	4.52	$1,252
Jun 2011	63	42	92.90	4.64	$6,048
May 2011	72	174	98.13	4.40	$7,832
Apr 2011	65	164	105.96	4.33	$7,598
Mar 2011	97	180	96.36	4.06	$10,077
Feb 2011	35	137	85.64	4.18	$3,570
Jan 2011	71	191	86.50	4.59	$7,018
Dec 2010	111	241	85.73	4.35	$10,564
Nov 2010	0	190	80.84	3.80	$721
Oct 2010	68	207	78.10	3.51	$6,037
Sep 2010	72	206	72.63	3.98	$6,049
Aug 2010	113	267	73.68	4.42	$9,506
Jul 2010	67	306	72.55	4.74	$6,310
Jun 2010	75	184	70.36	4.91	$6,181
May 2010	33	255	71.12	4.24	$3,427
Apr 2010	104	214	81.69	4.12	$9,378
Mar 2010	97	225	78.39	4.39	$8,591
Feb 2010	0	204	73.58	5.44	$1,110
Jan 2010	0	205	74.36	5.96	$1,223
Dec 2009	41	172	71.44	5.48	$3,872
Nov 2009	76	180	74.59	3.75	$6,344
Oct 2009	80	142	72.54	4.11	$6,387
Sep 2009	88	138	65.54	3.06	$6,190
Aug 2009	49	145	67.42	3.22	$3,770
Jul 2009	94	154	61.13	3.46	$6,280
Jun 2009	47	156	66.16	3.90	$3,717
May 2009	76	153	54.74	3.93	$4,761
Apr 2009	48	133	46.77	3.59	$2,722
Mar 2009	25	208	42.14	4.06	$1,898
Feb 2009	31	136	32.81	4.63	$1,647
Jan 2009	22	86	35.86	5.37	$1,251
Dec 2008	65	140	37.10	5.98	$3,248
Nov 2008	50	216	55.49	6.86	$4,256
Oct 2008	0	59	75.24	6.92	$408
Sep 2008	27	57	101.76	7.88	$3,197
Aug 2008	82	160	114.22	8.48	$10,723
Jul 2008	56	195	131.08	11.39	$9,561
Jun 2008	27	235	131.33	13.03	$6,609
May 2008	66	82	123.17	11.57	$9,078
Apr 2008	64	222	110.31	10.45	$9,381
Mar 2008	62	408	101.90	9.66	$10,261
Feb 2008	2	61	92.53	8.77	$720
Jan 2008	99	209	90.38	8.21	$10,663
Dec 2007	64	311	88.33	7.30	$7,924
Nov 2007	64	286	91.67	7.29	$7,952
Oct 2007	75	317	82.85	6.92	$8,408
Sep 2007	42	322	75.84	6.24	$5,196
Aug 2007	125	302	69.06	6.39	$10,562
Jul 2007	73	300	70.90	6.39	$7,092
Jun 2007	91	231	62.00	7.55	$7,386
May 2007	95	299	58.74	7.85	$7,926
Apr 2007	72	288	59.61	7.81	$6,540
Mar 2007	74	343	56.92	7.30	$6,717
Feb 2007	74	276	55.10	8.22	$6,345
Jan 2007	95	303	50.30	6.73	$6,817
Dec 2006	70	309	56.65	6.92	$6,103
Nov 2006	112	308	54.20	7.62	$8,417
Oct 2006	85	344	54.90	6.01	$6,735
Sep 2006	79	317	60.08	5.04	$6,343
Aug 2006	107	350	68.71	7.34	$9,921
Jul 2006	34	343	69.37	6.34	$4,534
Jun 2006	130	333	66.28	6.38	$10,742
May 2006	35	349	66.01	6.42	$4,553
Apr 2006	95	338	64.39	7.36	$8,605
Mar 2006	31	343	56.70	7.08	$4,187
Feb 2006	84	296	57.59	7.75	$7,132
Jan 2006	53	360	60.59	8.93	$6,427
Dec 2005	64	343	54.94	13.42	$8,118
Nov 2005	122	324	54.69	10.59	$10,103
Oct 2005	82	372	58.34	13.80	$9,916
Sep 2005	84	335	61.45	12.08	$9,208
Aug 2005	107	361	61.51	9.80	$10,118
Jul 2005	60	293	55.69	7.84	$5,640
Jun 2005	51	306	52.33	7.38	$4,927
May 2005	50	293	45.22	6.65	$4,210
Apr 2005	47	318	49.20	7.36	$4,653
Mar 2005	80	211	50.37	7.15	$5,539
Feb 2005	40	313	45.22	6.31	$3,784
Jan 2005	94	366	43.16	6.32	$6,371
Dec 2004	61	276	39.86	6.75	$4,295
Nov 2004	84	273	45.28	6.33	$5,532
Oct 2004	39	159	49.70	6.52	$2,974
Sep 2004	91	399	43.24	5.28	$6,043
Aug 2004	91	483	42.37	5.55	$6,537
Jul 2004	96	408	38.28	6.08	$6,157
Jun 2004	93	415	36.10	6.43	$6,027
May 2004	67	419	37.48	6.49	$5,232
Apr 2004	68	393	34.47	5.86	$4,646
Mar 2004	96	405	34.36	5.53	$5,538
Feb 2004	88	350	32.45	5.51	$4,784
Jan 2004	87	423	32.03	6.30	$5,451
Dec 2003	81	442	30.26	6.30	$5,236
Nov 2003	103	389	28.80	4.60	$4,754
Oct 2003	99	385	28.17	4.76	$4,621
Sep 2003	59	363	26.31	4.75	$3,276
Aug 2003	60	392	29.76	5.13	$3,796
Jul 2003	81	394	29.41	5.17	$4,420
Jun 2003	60	381	28.56	5.98	$3,993
May 2003	79	402	26.59	5.97	$4,502
Apr 2003	79	395	26.67	5.41	$4,243
Mar 2003	95	405	31.14	6.10	$5,427
Feb 2003	65	272	33.48	7.93	$4,332
Jan 2003	64	414	30.31	5.58	$4,251
Dec 2002	52	288	26.91	4.85	$2,797
Nov 2002	30	287	24.66	4.14	$1,927
Oct 2002	55	311	26.46	4.23	$2,771
Sep 2002	66	314	27.44	3.64	$2,952
Aug 2002	106	401	25.96	3.16	$4,021
Jul 2002	43	328	24.58	3.06	$2,061
Jun 2002	37	340	23.73	3.34	$2,013
May 2002	71	455	24.66	3.58	$3,382
Apr 2002	56	417	23.65	3.51	$2,789
Mar 2002	57	416	22.00	3.10	$2,545
Feb 2002	58	384	18.22	2.38	$1,969
Jan 2002	71	409	17.17	2.38	$2,191
Dec 2001	42	389	16.93	2.36	$1,631
Nov 2001	55	408	18.07	2.41	$1,975
Oct 2001	70	567	19.78	2.53	$2,818
Sep 2001	42	424	24.26	2.25	$1,973
Aug 2001	55	446	24.87	3.05	$2,730
Jul 2001	55	457	23.93	3.20	$2,777
Jun 2001	70	439	24.56	3.82	$3,398
May 2001	68	429	25.52	4.31	$3,583
Apr 2001	41	429	24.68	5.34	$3,301
Mar 2001	56	429	24.54	5.38	$3,681
Feb 2001	57	389	27.75	5.77	$3,825
Jan 2001	71	427	27.47	8.40	$5,537
Dec 2000	57	375	26.88	9.12	$4,953
Nov 2000	57	355	32.21	5.66	$3,845
Oct 2000	71	374	31.23	5.15	$4,142
Sep 2000	56	376	31.87	5.19	$3,735
Aug 2000	56	394	29.64	4.54	$3,449
Jul 2000	60	447	28.53	4.09	$3,540
Jun 2000	61	426	29.30	4.40	$3,661
May 2000	60	464	27.26	3.68	$3,343
Apr 2000	76	436	24.51	3.12	$3,221
Mar 2000	76	445	28.42	2.86	$3,433
Feb 2000	76	415	27.62	2.73	$3,231
Jan 2000	77	441	25.27	2.48	$3,040
Dec 1999	96	445	24.28	2.42	$3,409
Nov 1999	76	576	23.19	2.43	$3,164
Oct 1999	72	543	20.98	2.80	$3,033
Sep 1999	98	630	21.75	2.62	$3,781
Aug 1999	157	557	19.26	2.88	$4,626
Jul 1999	0	453	17.89	2.37	$1,075
Jun 1999	0	540	15.94	2.36	$1,276
May 1999	60	443	15.79	2.32	$1,976
Apr 1999	76	575	15.10	2.21	$2,417
Mar 1999	75	579	12.47	1.84	$2,000
Feb 1999	63	383	9.98	1.82	$1,325
Jan 1999	64	417	10.38	1.90	$1,457
Dec 1998	64	416	9.20	1.77	$1,327
Nov 1998	79	406	10.89	2.19	$1,748
Oct 1998	63	411	12.42	1.97	$1,592
Sep 1998	48	419	12.59	2.08	$1,477
Aug 1998	55	434	11.30	1.91	$1,449
Jul 1998	80	394	11.74	2.24	$1,821
Jun 1998	65	340	11.24	2.24	$1,491
May 1998	64	411	12.62	2.21	$1,714
Apr 1998	63	364	13.04	2.51	$1,733
Mar 1998	81	346	12.80	2.31	$1,836
Feb 1998	64	250	13.95	2.30	$1,468
Jan 1998	79	325	14.70	2.15	$1,862
Dec 1997	83	420	16.32	2.41	$2,367
Nov 1997	75	453	18.19	3.09	$2,763
Oct 1997	87	530	19.25	3.15	$3,344
Sep 1997	53	448	17.74	2.95	$2,264
Aug 1997	79	443	17.86	2.55	$2,543
Jul 1997	59	463	17.58	2.25	$2,078
Jun 1997	74	355	17.24	2.26	$2,077
May 1997	62	458	18.97	2.31	$2,233
Apr 1997	123	384	17.88	2.08	$2,999
Mar 1997	30	444	18.95	1.94	$1,429
Feb 1997	61	364	20.49	2.21	$2,053
Jan 1997	67	346	23.48	3.54	$2,798
Dec 1996	39	268	23.32	—	$909
Nov 1996	40	259	21.97	—	$879
Oct 1996	40	270	23.31	—	$932
Sep 1996	39	285	22.22	—	$867
Aug 1996	42	391	20.26	—	$851
Jul 1996	49	433	19.55	—	$958
Jun 1996	17	432	18.73	—	$318
May 1996	51	514	19.43	—	$991
Apr 1996	54	432	21.51	—	$1,162
Mar 1996	58	229	19.38	—	$1,124
Feb 1996	45	422	16.98	—	$764
Jan 1996	59	467	17.07	—	$1,007
Dec 1995	65	482	17.19	—	$1,117
Nov 1995	120	802	16.00	—	$1,920
Oct 1995	114	811	15.43	—	$1,759
Sep 1995	97	770	16.18	—	$1,569
Aug 1995	96	752	15.92	—	$1,528
Jul 1995	99	788	15.24	—	$1,509
Jun 1995	113	842	16.41	—	$1,854
May 1995	133	841	17.56	—	$2,335
Apr 1995	107	847	17.73	—	$1,897
Mar 1995	87	791	16.44	—	$1,430
Feb 1995	87	697	16.58	—	$1,442
Jan 1995	109	795	15.92	—	$1,735
Dec 1994	104	783	15.03	—	$1,563
Nov 1994	74	807	15.90	—	$1,177
Oct 1994	75	851	15.58	—	$1,169
Sep 1994	73	823	15.29	—	$1,116
Aug 1994	71	875	16.13	—	$1,145
Jul 1994	79	875	17.56	—	$1,387
Jun 1994	110	800	17.09	—	$1,880
May 1994	111	801	15.88	—	$1,763
Apr 1994	104	727	14.14	—	$1,471
Mar 1994	121	933	12.46	—	$1,508
Feb 1994	107	826	12.50	—	$1,338
Jan 1994	123	841	12.66	—	$1,557
Dec 1993	104	885	12.33	—	$1,282
Nov 1993	105	884	14.49	—	$1,521
Oct 1993	124	933	15.85	—	$1,965
Sep 1993	74	678	15.03	—	$1,112
Aug 1993	102	715	15.66	—	$1,597
Jul 1993	100	661	15.46	—	$1,546
Jun 1993	167	696	16.79	—	$2,804
May 1993	245	816	17.68	—	$4,332
Apr 1993	129	699	18.05	—	$2,328
Mar 1993	171	988	18.14	—	$3,102
Feb 1993	129	1,825	17.90	—	$2,309
Jan 1993	183	1,064	16.93	—	$3,098

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.

Aug 2011 — as filed, then multipliedworked

Oil                   15 bbl  × $ 83.40 =     $1,251
Casinghead gas         0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                   $1,251

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/5129 is the state's own key, not one this site invented.