UNIVERSITY -22-

Operated by OTB OPERATING, LLC (P-5 628102) 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 6786District 7CField 30243500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$4.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$120 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
NGPA1none

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
OilDisposition75,457 bbl$4,478,752
Casinghead gasProduction104,514 Mcf$333,518
Total$4,812,270

15,289 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 (6)

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 31.0075, -101.3662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.00758, -101.36648 · 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
66.7%
4 of 6 wells
With a plug date
66.7%
4 of 6 wells
Median depth
2,425 ft
6 wells filed one
Completion to plug
40.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
466.7%
A plug date is filed
466.7%
BothOn the schedule and plugged. Neither fact cancels the other.
466.7%
NeitherNo plug date, and not on the schedule.
233.3%

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 2,098 and 2,485 ft, median 2,425 ft, over the 6 wells that filed a depth.

Completions filed
Dec 1975 – Apr 2014
5 of 6 wells; 1 filed none
Plug dates filed
Feb 2003 – Aug 2022
4 of 6 wells; 2 filed none

Last completion to plug: a median of 40.6 years across the 3 wells that filed both dates, with the middle half between 22.2 years and 43.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-1053459932,400 ftFeb 2003Yes
42-1054186462,465 ftApr 2014Dec 2017Yes
42-1054162252,450 ftApr 2013
42-1054142242,485 ftJul 2012
42-1053078822,098 ftJan 1976Aug 2022Yes
42-1053077312,100 ftDec 1975Jul 2016Yes

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 2026163132106.413.05$17,747
Apr 2026012998.932.87$370
Mar 20261658789.753.15$15,083
Feb 202616517163.503.75$11,119
Jan 202616312659.138.00$10,646
Dec 202516613856.664.41$10,015
Nov 2025013158.593.93$514
Oct 202516413859.383.30$10,194
Sep 202516313462.743.08$10,639
Aug 202516314163.933.01$10,846
Jul 202516112066.743.32$11,143
Jun 202516413866.483.13$11,334
May 202516314560.553.23$10,338
Apr 202516214762.363.54$10,623
Mar 202516315467.704.27$11,692
Feb 2025013170.884.34$569
Jan 202516616474.324.28$13,039
Dec 202433311768.993.12$23,339
Nov 2024014369.052.20$314
Oct 202416314471.372.28$11,962
Sep 202416415669.612.36$11,785
Aug 202416314775.632.06$12,631
Jul 2024015579.932.15$333
Jun 202416216578.082.63$13,084
May 202416414378.812.20$13,239
Apr 202416516584.451.66$14,208
Mar 202432417780.301.55$26,291
Feb 2024015976.091.78$284
Jan 202433020073.023.30$24,756
Dec 2023012471.262.61$324
Nov 202332417377.892.81$25,722
Oct 202315715685.443.09$13,896
Sep 2023015589.042.74$424
Aug 202332218080.522.67$26,409
Jul 2023016374.852.64$431
Jun 202332517168.962.26$22,798
May 202316319270.622.23$11,939
Apr 2023159078.122.24$12,421
Mar 2023162072.852.39$11,802
Feb 2023162075.112.47$12,168
Jan 2023330076.533.39$25,255
Dec 2022160076.415.73$12,226
Nov 2022163085.005.65$13,855
Oct 2022179087.185.86$15,605
Sep 2022327084.888.16$27,756
Aug 2022161094.529.13$15,218
Jul 20223240101.587.54$32,912
Jun 202216057115.097.98$18,869
May 2022163157109.378.43$19,151
Apr 2022162234104.226.84$18,484
Mar 2022164153108.885.08$18,633
Feb 202216320191.054.86$15,818
Jan 2022020881.844.54$944
Dec 202116332471.323.90$12,888
Nov 202132626777.435.24$26,640
Oct 202115926479.795.71$14,195
Sep 202116227169.865.35$12,767
Aug 202116330566.024.22$12,049
Jul 202132430470.783.98$24,143
Jun 202116130369.493.38$12,212
May 202131830663.483.02$21,110
Apr 202116033560.362.76$10,582
Mar 202116542161.302.72$11,258
Feb 202132439457.805.55$20,913
Jan 202116843650.412.81$9,694
Dec 202033242444.642.68$15,955
Nov 202016043938.772.71$7,391
Oct 202032147636.972.48$13,047
Sep 202032747737.091.99$13,078
Aug 202016249539.982.39$7,657
Jul 202047247738.371.83$18,981
Jun 202032346234.901.69$12,054
May 2020040616.921.81$737
Apr 2020035814.751.80$646
Mar 202016145730.341.86$5,733
Feb 202032241049.881.98$16,873
Jan 202032746957.252.09$19,703
Dec 201932745759.012.30$20,349
Nov 201932044255.302.75$18,912
Oct 201916654253.472.42$10,187
Sep 201932551655.052.66$19,262
Aug 201916244953.112.30$9,638
Jul 201932044856.272.46$19,109
Jun 20193224152.782.49$17,097
May 201915937858.482.74$10,334
Apr 201932335962.632.75$21,217
Mar 201932931756.803.06$19,658
Feb 201916329250.852.79$9,104
Jan 201932531746.033.23$15,983
Dec 201833030346.594.19$16,643
Nov 201832437052.934.24$18,717
Oct 201816344761.443.40$11,534
Sep 201828943659.543.11$18,562
Aug 201832632259.403.07$20,352
Jul 201831736765.142.93$21,725
Jun 201832237160.183.08$20,520
May 201816439865.382.90$11,877
Apr 201848725763.842.90$31,836
Mar 201814623261.222.79$9,585
Feb 201832826861.782.77$21,005
Jan 201849734462.874.01$32,626
Dec 201716548657.272.92$10,869
Nov 201732552755.423.12$19,655
Oct 201731851149.292.98$17,199
Sep 201732450547.523.09$16,956
Aug 201748758345.373.00$23,847
Jul 201732255143.873.09$15,827
Jun 201731856842.493.09$15,265
May 201748751745.373.26$23,782
Apr 201732958747.933.21$17,654
Mar 201747968946.772.98$24,459
Feb 201732656550.452.95$18,115
Jan 201749469349.413.42$26,778
Dec 201665671148.763.72$34,633
Nov 201649075442.492.64$22,814
Oct 201664785346.193.09$32,521
Sep 201664988341.553.10$29,704
Aug 201681291641.442.92$36,328
Jul 201632564341.622.92$15,407
Jun 201632225645.352.69$15,290
May 201631835042.521.99$14,218
Apr 201632631536.561.99$12,546
Mar 201631929733.011.79$11,063
Feb 201631733126.472.06$9,074
Jan 201632629927.352.36$9,623
Dec 201530933932.362.00$10,678
Nov 201531636138.792.17$13,040
Oct 201532330943.552.43$14,816
Sep 201515242242.992.76$7,699
Aug 201532442140.162.87$14,221
Jul 201532043148.152.95$16,677
Jun 201532440956.152.88$19,372
May 201548645055.212.96$28,162
Apr 201532540849.822.71$17,296
Mar 201547944342.892.93$21,844
Feb 201535440244.662.98$17,006
Jan 201565549143.433.10$29,969
Dec 201456256154.693.59$32,751
Nov 201450356570.464.25$37,844
Oct 201466969678.303.90$55,098
Sep 201466361986.164.05$59,628
Aug 201481263289.394.04$75,135
Jul 201449382196.564.18$51,036
Jun 201480356698.164.74$81,504
May 201465641494.734.73$64,100
Apr 201449147195.944.81$49,372
Mar 201466145195.895.06$65,664
Feb 201448956597.406.19$51,127
Jan 201466655090.404.86$62,880
Dec 201364452991.824.35$61,436
Nov 20134881,11988.853.74$47,542
Oct 201364073597.423.78$65,127
Sep 2013797939104.113.72$86,467
Aug 2013636453104.253.52$67,899
Jul 2013982994102.523.72$104,370
Jun 20131,10777394.403.93$107,541
May 20131,9571,28494.834.15$190,910
Apr 201349477693.964.28$49,740
Mar 201316130393.623.91$16,258
Feb 201315933291.233.42$15,641
Jan 201332136391.603.42$30,645
Dec 201216430386.773.42$15,267
Nov 201248743486.953.62$43,918
Oct 201216455889.383.40$16,555
Sep 201231861794.672.92$31,906
Aug 201266284292.662.91$63,790
Jul 201232453985.133.02$29,210
Jun 2012285779.822.52$2,379
May 2012595791.612.49$5,547
Apr 20125957101.652.00$6,111
Mar 20126259105.052.22$6,644
Feb 20127353101.102.57$7,517
Jan 2012635998.092.73$6,341
Dec 2011605996.873.24$6,003
Nov 2011585795.723.31$5,741
Oct 2011875984.983.65$7,609
Sep 2011565783.623.99$4,910
Aug 2011675983.404.15$5,833
Jul 2011615994.144.52$6,009
Jun 2011905792.904.64$8,625
May 2011905998.134.40$9,092
Apr 201115157105.964.33$16,247
Mar 2011845996.364.06$8,334
Feb 2011735385.644.18$6,473
Jan 2011935986.504.59$8,315
Dec 20101225985.734.35$10,716
Nov 2010605780.843.80$5,067
Oct 20107815278.103.51$6,625
Sep 20107515072.633.98$6,044
Aug 20107514673.684.42$6,171
Jul 20107516072.554.74$6,199
Jun 20108218170.364.91$6,658
May 20107714771.124.24$6,099
Apr 20108011881.694.12$7,022
Mar 20108414978.394.39$7,239
Feb 201009173.585.44$495
Jan 20108311274.365.96$6,840
Dec 20097611171.445.48$6,038
Nov 20097310074.593.75$5,820
Oct 20098212272.544.11$6,450
Sep 20098210065.543.06$5,681
Aug 20098212467.423.22$5,928
Jul 2009011961.133.46$412
Jun 20098112466.163.90$5,842
May 20097614754.743.93$4,737
Apr 20098315846.773.59$4,449
Mar 20098214542.144.06$4,044
Feb 200916811132.814.63$6,026
Jan 2009011635.865.37$623
Dec 2008160037.105.98$5,936
Nov 2008014655.496.86$1,002
Oct 200807375.246.92$505
Sep 200814396101.767.88$15,308
Aug 20080154114.228.48$1,306
Jul 2008164206131.0811.39$23,843
Jun 20080149131.3313.03$1,942
May 200881144123.1711.57$11,643
Apr 200846114110.3110.45$6,266
Mar 200887123101.909.66$10,054
Feb 20088514192.538.77$9,102
Jan 2008015290.388.21$1,247
Dec 20077816188.337.30$8,065
Nov 20078015191.677.29$8,435
Oct 20077516182.856.92$7,328
Sep 2007809975.846.24$6,685
Aug 200715615669.066.39$11,770
Jul 200707170.906.39$454
Jun 2007160062.007.55$9,920
May 2007814158.747.85$5,080
Apr 20078016659.617.81$6,064
Mar 200781056.927.30$4,611
Feb 200781555.108.22$4,504
Jan 2007805950.306.73$4,421
Dec 20061636556.656.92$9,684
Nov 2006010854.207.62$823
Oct 2006828254.906.01$4,995
Sep 20067920460.085.04$5,774
Aug 20068111868.717.34$6,432
Jul 2006776269.376.34$5,735
Jun 20067614166.286.38$5,937
May 20068216766.016.42$6,486
Apr 20068014664.397.36$6,226
Mar 2006807456.707.08$5,060
Feb 2006804657.597.75$4,964
Jan 200616312060.598.93$10,948
Dec 200516015654.9413.42$10,883
Nov 20058119154.6910.59$6,452
Oct 20058122258.3413.80$7,788
Sep 20058010961.4512.08$6,233
Aug 20058017561.519.80$6,635
Jul 20057816455.697.84$5,630
Jun 20057816152.337.38$5,270
May 20058011245.226.65$4,363
Apr 20058015849.207.36$5,099
Mar 20058218150.377.15$5,425
Feb 200515315245.226.31$7,878
Jan 20058019643.166.32$4,692
Dec 20048018539.866.75$4,438
Nov 20048116045.286.33$4,681
Oct 200415415149.706.52$8,638
Sep 20048118743.245.28$4,491
Aug 20048820942.375.55$4,889
Jul 20047816038.286.08$3,959
Jun 2004817836.106.43$3,426
May 20048121137.486.49$4,406
Apr 2004824634.475.86$3,096
Mar 20048015834.365.53$3,623
Feb 2004164032.455.51$5,322
Jan 200406532.036.30$409
Dec 200379030.266.30$2,391
Nov 200380028.804.60$2,304
Oct 20038120428.174.76$3,253
Sep 20038114926.314.75$2,839
Aug 2003019229.765.13$985
Jul 20036614829.415.17$2,706
Jun 20037512228.565.98$2,872
May 200314415526.595.97$4,755
Apr 20038115626.675.41$3,004
Mar 2003017631.146.10$1,073
Feb 20038110133.487.93$3,512
Jan 20038019230.315.58$3,497
Dec 20028117326.914.85$3,019
Nov 20027912524.664.14$2,465
Oct 20028018626.464.23$2,903
Sep 20028016327.443.64$2,788
Aug 200211522825.963.16$3,707
Jul 2002022024.583.06$674
Jun 20027822423.733.34$2,599
May 20027220724.663.58$2,517
Apr 20027221323.653.51$2,451
Mar 20027422022.003.10$2,311
Feb 20027918618.222.38$1,881
Jan 200214419517.172.38$2,936
Dec 20017218416.932.36$1,654
Nov 20018111118.072.41$1,731
Oct 200112421319.782.53$2,991
Sep 20017924524.262.25$2,468
Aug 20016917324.873.05$2,244
Jul 20016324823.933.20$2,300
Jun 200111516724.563.82$3,463
May 20017227525.524.31$3,022
Apr 20019525724.685.34$3,716
Mar 200115328724.545.38$5,298
Feb 20018027827.755.77$3,823
Jan 20018016427.478.40$3,575
Dec 20007926526.889.12$4,541
Nov 200014324232.215.66$5,975
Oct 20007720931.235.15$3,480
Sep 200014920031.875.19$5,786
Aug 20007327429.644.54$3,408
Jul 20001006528.534.09$3,119
Jun 2000161029.304.40$4,717
May 20007925627.263.68$3,096
Apr 200015526424.513.12$4,622
Mar 20007319628.422.86$2,635
Feb 20001356527.622.73$3,906
Jan 200014034025.272.48$4,381
Dec 199929946424.282.42$8,384
Nov 1999015223.192.43$370
Oct 19999812420.982.80$2,404
Sep 19998317521.752.62$2,264
Aug 19998917219.262.88$2,209
Jul 19999311817.892.37$1,944
Jun 199916412815.942.36$2,917
May 1999019215.792.32$446
Apr 19996311115.102.21$1,196
Mar 199916711312.471.84$2,290
Feb 19990839.981.82$151
Jan 1999013610.381.90$258
Dec 19981641829.201.77$1,832
Nov 1998019010.892.19$415
Oct 1998019012.421.97$374
Sep 1998017312.592.08$360
Aug 1998020311.301.91$387
Jul 199815921511.742.24$2,348
Jun 1998010511.242.24$235
May 199816815412.622.21$2,460
Apr 1998022213.042.51$556
Mar 1998021612.802.31$499
Feb 199816622413.952.30$2,831
Jan 1998026714.702.15$575
Dec 199716727616.322.41$3,391
Nov 1997018018.193.09$556
Oct 199716824419.253.15$4,003
Sep 1997025117.742.95$742
Aug 199710126717.862.55$2,486
Jul 1997023917.582.25$537
Jun 199712925217.242.26$2,793
May 199713526218.972.31$3,166
Apr 1997025917.882.08$539
Mar 199713529818.951.94$3,136
Feb 199713524520.492.21$3,307
Jan 1997015323.483.54$542
Dec 199614311023.32$3,335
Nov 199612919521.97$2,834
Oct 199614826723.31$3,450
Sep 199613426722.22$2,977
Aug 199614322820.26$2,897
Jul 199613122819.55$2,561
Jun 199615429518.73$2,884
May 199616633419.43$3,225
Apr 1996032421.51$0
Mar 199626322219.38$5,097
Feb 199617119316.98$2,904
Jan 1996030517.07$0
Dec 199533841417.19$5,810
Nov 1995028316.00$0
Oct 199516538915.43$2,546
Sep 199516534916.18$2,670
Aug 199516336015.92$2,595
Jul 199515029615.24$2,286
Jun 199514024216.41$2,297
May 199515830517.56$2,774
Apr 199515128417.73$2,677
Mar 199515829516.44$2,598
Feb 199515625616.58$2,586
Jan 199516029915.92$2,547
Dec 199415833515.03$2,375
Nov 199427730915.90$4,404
Oct 1994033815.58$0
Sep 199416026915.29$2,446
Aug 199415720916.13$2,532
Jul 1994017117.56$0
Jun 199416835717.09$2,871
May 199415437515.88$2,446
Apr 199416234514.14$2,291
Mar 199416338912.46$2,031
Feb 199416534912.50$2,063
Jan 199416937912.66$2,140
Dec 199317335912.33$2,133
Nov 199316837214.49$2,434
Oct 199317237815.85$2,726
Sep 199317138715.03$2,570
Aug 199318441615.66$2,881
Jul 199316638715.46$2,566
Jun 199316240316.79$2,720
May 199317342817.68$3,059
Apr 199318441118.05$3,321
Mar 199316440218.14$2,975
Feb 199317536417.90$3,133
Jan 199317641716.93$2,980

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                  163 bbl  × $106.41 =    $17,345
Casinghead gas       132 Mcf  × $  3.05 =       $402

────────────────────────────────────────────────────
Month total                                  $17,747

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/6786 is the state's own key, not one this site invented.