UNIVERSITY "32"

Name: UNIVERSITY "32" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) 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 5738District 7CField 07109875OilCasinghead gasSave Export

Value, all time

$197 k

Jan 1993 – Apr 2005

Value, last 12 filed months

at the published price for each month

Months reported

148

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	7,988 bbl	$153,997
Casinghead gas	Production	26,434 Mcf	$43,494
Total			$197,492

12,323 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 31.2950, -101.7426. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.29504, -101.74256 · 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

7,411 ft

2 wells filed one

Completion to plug

30.1 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 7,400 and 7,421 ft, median 7,411 ft, over the 2 wells that filed a depth.

Completions filed

Nov 1969

2 of 2 wells

Plug dates filed

Sep 1994 – Mar 2005

2 of 2 wells

Last completion to plug: a median of 30.1 years across the 2 wells that filed both dates, with the middle half between 27.5 years and 32.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38330052	3	7,400 ft	Nov 1969	Sep 1994	Yes
42-38330044	2	7,421 ft	Nov 1969	Mar 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 (148)

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

148 months


Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	22	0	26.59	5.97	$585
Apr 2003	0	30	26.67	5.41	$162
Mar 2003	0	29	31.14	6.10	$177
Feb 2003	0	11	33.48	7.93	$87
Jan 2003	0	11	30.31	5.58	$61
Dec 2002	0	11	26.91	4.85	$53
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	0	11	26.46	4.23	$47
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	1	18	25.96	3.16	$83
Jul 2002	25	0	24.58	3.06	$615
Jun 2002	175	71	23.73	3.34	$4,390
May 2002	0	218	24.66	3.58	$781
Apr 2002	0	198	23.65	3.51	$695
Mar 2002	178	202	22.00	3.10	$4,543
Feb 2002	0	187	18.22	2.38	$444
Jan 2002	0	192	17.17	2.38	$456
Dec 2001	188	208	16.93	2.36	$3,675
Nov 2001	0	206	18.07	2.41	$496
Oct 2001	0	217	19.78	2.53	$549
Sep 2001	0	213	24.26	2.25	$480
Aug 2001	180	223	24.87	3.05	$5,157
Jul 2001	0	224	23.93	3.20	$716
Jun 2001	183	204	24.56	3.82	$5,275
May 2001	0	188	25.52	4.31	$810
Apr 2001	0	191	24.68	5.34	$1,019
Mar 2001	178	193	24.54	5.38	$5,406
Feb 2001	0	174	27.75	5.77	$1,003
Jan 2001	0	186	27.47	8.40	$1,562
Dec 2000	178	172	26.88	9.12	$6,354
Nov 2000	0	213	32.21	5.66	$1,205
Oct 2000	0	225	31.23	5.15	$1,158
Sep 2000	175	221	31.87	5.19	$6,723
Aug 2000	0	228	29.64	4.54	$1,035
Jul 2000	179	231	28.53	4.09	$6,052
Jun 2000	0	223	29.30	4.40	$981
May 2000	179	232	27.26	3.68	$5,733
Apr 2000	179	224	24.51	3.12	$5,085
Mar 2000	0	230	28.42	2.86	$658
Feb 2000	40	218	27.62	2.73	$1,699
Jan 2000	179	226	25.27	2.48	$5,084
Dec 1999	0	222	24.28	2.42	$538
Nov 1999	0	230	23.19	2.43	$560
Oct 1999	171	254	20.98	2.80	$4,300
Sep 1999	0	258	21.75	2.62	$676
Aug 1999	172	276	19.26	2.88	$4,106
Jul 1999	0	345	17.89	2.37	$818
Jun 1999	177	345	15.94	2.36	$3,636
May 1999	145	167	15.79	2.32	$2,677
Apr 1999	0	158	15.10	2.21	$349
Mar 1999	0	172	12.47	1.84	$316
Feb 1999	0	179	9.98	1.82	$325
Jan 1999	0	245	10.38	1.90	$465
Dec 1998	0	204	9.20	1.77	$362
Nov 1998	0	176	10.89	2.19	$385
Oct 1998	0	200	12.42	1.97	$394
Sep 1998	0	197	12.59	2.08	$410
Aug 1998	0	214	11.30	1.91	$408
Jul 1998	147	221	11.74	2.24	$2,220
Jun 1998	0	223	11.24	2.24	$499
May 1998	0	139	12.62	2.21	$307
Apr 1998	0	113	13.04	2.51	$283
Mar 1998	159	259	12.80	2.31	$2,633
Feb 1998	0	240	13.95	2.30	$552
Jan 1998	178	226	14.70	2.15	$3,104
Dec 1997	0	233	16.32	2.41	$562
Nov 1997	0	227	18.19	3.09	$701
Oct 1997	129	218	19.25	3.15	$3,170
Sep 1997	0	202	17.74	2.95	$597
Aug 1997	120	270	17.86	2.55	$2,833
Jul 1997	0	260	17.58	2.25	$584
Jun 1997	155	210	17.24	2.26	$3,146
May 1997	0	222	18.97	2.31	$512
Apr 1997	184	150	17.88	2.08	$3,602
Mar 1997	0	226	18.95	1.94	$438
Feb 1997	0	169	20.49	2.21	$373
Jan 1997	101	201	23.48	3.54	$3,083
Dec 1996	179	183	23.32	—	$4,174
Nov 1996	0	130	21.97	—	$0
Oct 1996	0	305	23.31	—	$0
Sep 1996	102	285	22.22	—	$2,266
Aug 1996	81	267	20.26	—	$1,641
Jul 1996	184	188	19.55	—	$3,597
Jun 1996	0	317	18.73	—	$0
May 1996	0	257	19.43	—	$0
Apr 1996	186	291	21.51	—	$4,001
Mar 1996	0	188	19.38	—	$0
Feb 1996	189	207	16.98	—	$3,209
Jan 1996	0	154	17.07	—	$0
Dec 1995	0	155	17.19	—	$0
Nov 1995	175	296	16.00	—	$2,800
Oct 1995	0	278	15.43	—	$0
Sep 1995	171	262	16.18	—	$2,767
Aug 1995	0	270	15.92	—	$0
Jul 1995	182	289	15.24	—	$2,774
Jun 1995	0	280	16.41	—	$0
May 1995	0	247	17.56	—	$0
Apr 1995	179	253	17.73	—	$3,174
Mar 1995	0	319	16.44	—	$0
Feb 1995	175	242	16.58	—	$2,902
Jan 1995	0	303	15.92	—	$0
Dec 1994	190	302	15.03	—	$2,856
Nov 1994	0	88	15.90	—	$0
Oct 1994	0	198	15.58	—	$0
Sep 1994	0	151	15.29	—	$0
Aug 1994	168	333	16.13	—	$2,710
Jul 1994	0	325	17.56	—	$0
Jun 1994	178	207	17.09	—	$3,042
May 1994	0	205	15.88	—	$0
Apr 1994	167	190	14.14	—	$2,361
Mar 1994	0	254	12.46	—	$0
Feb 1994	167	185	12.50	—	$2,088
Jan 1994	0	216	12.66	—	$0
Dec 1993	176	149	12.33	—	$2,170
Nov 1993	0	261	14.49	—	$0
Oct 1993	175	157	15.85	—	$2,774
Sep 1993	0	290	15.03	—	$0
Aug 1993	0	307	15.66	—	$0
Jul 1993	170	268	15.46	—	$2,628
Jun 1993	180	149	16.79	—	$3,022
May 1993	0	99	17.68	—	$0
Apr 1993	181	508	18.05	—	$3,267
Mar 1993	181	471	18.14	—	$3,283
Feb 1993	0	431	17.90	—	$0
Jan 1993	175	613	16.93	—	$2,963

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 2003 — as filed, then multipliedworked

Oil                   22 bbl  × $ 26.59 =       $585
Casinghead gas         0 Mcf  × $  5.97 =         $0

────────────────────────────────────────────────────
Month total                                     $585

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/5738 is the state's own key, not one this site invented.