UNIVERSITY 28

Name: UNIVERSITY 28 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 SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7050District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$447 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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	19,187 bbl	$361,456
Casinghead gas	Production	52,804 Mcf	$85,653
Total			$447,109

25,602 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 31.3134, -101.5424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.31340, -101.54237 · 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

7,625 ft

2 wells filed one

Completion to plug

26.6 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 7,600 and 7,650 ft, median 7,625 ft, over the 2 wells that filed a depth.

Completions filed

Nov 1976 – Dec 1976

2 of 2 wells

Plug dates filed

Nov 2001 – Feb 2005

2 of 2 wells

Last completion to plug: a median of 26.6 years across the 2 wells that filed both dates, with the middle half between 25.8 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38330809	2	7,650 ft	Dec 1976	Feb 2005	Yes
42-38330810	1	7,600 ft	Nov 1976	Nov 2001	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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
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	244	61.51	9.80	$2,390
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	47	0	45.22	6.65	$2,125
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	151	0	36.10	6.43	$5,451
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	130	32.45	5.51	$716
Jan 2004	0	159	32.03	6.30	$1,002
Dec 2003	201	146	30.26	6.30	$7,002
Nov 2003	0	155	28.80	4.60	$712
Oct 2003	0	168	28.17	4.76	$800
Sep 2003	0	157	26.31	4.75	$746
Aug 2003	176	157	29.76	5.13	$6,043
Jul 2003	0	178	29.41	5.17	$920
Jun 2003	0	160	28.56	5.98	$957
May 2003	0	171	26.59	5.97	$1,021
Apr 2003	197	154	26.67	5.41	$6,087
Mar 2003	0	153	31.14	6.10	$933
Feb 2003	0	129	33.48	7.93	$1,022
Jan 2003	199	133	30.31	5.58	$6,774
Dec 2002	0	141	26.91	4.85	$684
Nov 2002	0	151	24.66	4.14	$625
Oct 2002	0	162	26.46	4.23	$685
Sep 2002	207	165	27.44	3.64	$6,280
Aug 2002	0	176	25.96	3.16	$557
Jul 2002	0	173	24.58	3.06	$530
Jun 2002	0	168	23.73	3.34	$561
May 2002	186	165	24.66	3.58	$5,178
Apr 2002	0	154	23.65	3.51	$541
Mar 2002	0	149	22.00	3.10	$462
Feb 2002	209	126	18.22	2.38	$4,107
Jan 2002	0	130	17.17	2.38	$309
Dec 2001	0	146	16.93	2.36	$345
Nov 2001	190	146	18.07	2.41	$3,785
Oct 2001	0	156	19.78	2.53	$395
Sep 2001	0	132	24.26	2.25	$297
Aug 2001	0	170	24.87	3.05	$519
Jul 2001	180	171	23.93	3.20	$4,854
Jun 2001	0	163	24.56	3.82	$623
May 2001	0	148	25.52	4.31	$637
Apr 2001	191	141	24.68	5.34	$5,466
Mar 2001	0	142	24.54	5.38	$763
Feb 2001	0	128	27.75	5.77	$738
Jan 2001	197	140	27.47	8.40	$6,587
Dec 2000	0	207	26.88	9.12	$1,888
Nov 2000	0	150	32.21	5.66	$849
Oct 2000	192	114	31.23	5.15	$6,583
Sep 2000	0	395	31.87	5.19	$2,049
Aug 2000	200	495	29.64	4.54	$8,176
Jul 2000	195	535	28.53	4.09	$7,751
Jun 2000	0	502	29.30	4.40	$2,207
May 2000	419	525	27.26	3.68	$13,354
Apr 2000	0	469	24.51	3.12	$1,461
Mar 2000	203	449	28.42	2.86	$7,053
Feb 2000	0	453	27.62	2.73	$1,235
Jan 2000	205	466	25.27	2.48	$6,336
Dec 1999	210	461	24.28	2.42	$6,216
Nov 1999	215	461	23.19	2.43	$6,108
Oct 1999	205	525	20.98	2.80	$5,773
Sep 1999	205	488	21.75	2.62	$5,737
Aug 1999	191	542	19.26	2.88	$5,237
Jul 1999	195	532	17.89	2.37	$4,751
Jun 1999	203	517	15.94	2.36	$4,457
May 1999	200	495	15.79	2.32	$4,307
Apr 1999	0	520	15.10	2.21	$1,148
Mar 1999	201	549	12.47	1.84	$3,516
Feb 1999	205	495	9.98	1.82	$2,946
Jan 1999	0	501	10.38	1.90	$952
Dec 1998	215	524	9.20	1.77	$2,907
Nov 1998	194	504	10.89	2.19	$3,214
Oct 1998	196	521	12.42	1.97	$3,460
Sep 1998	0	527	12.59	2.08	$1,098
Aug 1998	198	349	11.30	1.91	$2,903
Jul 1998	192	362	11.74	2.24	$3,064
Jun 1998	0	356	11.24	2.24	$796
May 1998	173	367	12.62	2.21	$2,993
Apr 1998	193	335	13.04	2.51	$3,356
Mar 1998	197	331	12.80	2.31	$3,286
Feb 1998	194	309	13.95	2.30	$3,417
Jan 1998	197	331	14.70	2.15	$3,609
Dec 1997	0	341	16.32	2.41	$822
Nov 1997	206	371	18.19	3.09	$4,893
Oct 1997	193	445	19.25	3.15	$5,117
Sep 1997	148	482	17.74	2.95	$4,050
Aug 1997	185	578	17.86	2.55	$4,781
Jul 1997	194	551	17.58	2.25	$4,649
Jun 1997	184	491	17.24	2.26	$4,280
May 1997	192	481	18.97	2.31	$4,753
Apr 1997	0	433	17.88	2.08	$902
Mar 1997	200	468	18.95	1.94	$4,698
Feb 1997	190	435	20.49	2.21	$4,853
Jan 1997	212	427	23.48	3.54	$6,489
Dec 1996	203	503	23.32	—	$4,734
Nov 1996	193	496	21.97	—	$4,240
Oct 1996	183	520	23.31	—	$4,266
Sep 1996	196	501	22.22	—	$4,355
Aug 1996	185	412	20.26	—	$3,748
Jul 1996	175	529	19.55	—	$3,421
Jun 1996	182	530	18.73	—	$3,409
May 1996	197	542	19.43	—	$3,828
Apr 1996	195	243	21.51	—	$4,194
Mar 1996	186	80	19.38	—	$3,605
Feb 1996	179	442	16.98	—	$3,039
Jan 1996	174	464	17.07	—	$2,970
Dec 1995	181	466	17.19	—	$3,111
Nov 1995	184	442	16.00	—	$2,944
Oct 1995	191	518	15.43	—	$2,947
Sep 1995	196	522	16.18	—	$3,171
Aug 1995	209	543	15.92	—	$3,327
Jul 1995	196	573	15.24	—	$2,987
Jun 1995	198	583	16.41	—	$3,249
May 1995	208	582	17.56	—	$3,652
Apr 1995	206	468	17.73	—	$3,652
Mar 1995	199	467	16.44	—	$3,272
Feb 1995	191	480	16.58	—	$3,167
Jan 1995	189	502	15.92	—	$3,009
Dec 1994	332	502	15.03	—	$4,990
Nov 1994	198	508	15.90	—	$3,148
Oct 1994	194	525	15.58	—	$3,023
Sep 1994	194	495	15.29	—	$2,966
Aug 1994	196	565	16.13	—	$3,161
Jul 1994	207	577	17.56	—	$3,635
Jun 1994	174	585	17.09	—	$2,974
May 1994	201	534	15.88	—	$3,192
Apr 1994	207	609	14.14	—	$2,927
Mar 1994	247	641	12.46	—	$3,078
Feb 1994	193	518	12.50	—	$2,413
Jan 1994	188	545	12.66	—	$2,380
Dec 1993	0	571	12.33	—	$0
Nov 1993	189	591	14.49	—	$2,739
Oct 1993	200	622	15.85	—	$3,170
Sep 1993	361	619	15.03	—	$5,426
Aug 1993	185	659	15.66	—	$2,897
Jul 1993	185	662	15.46	—	$2,860
Jun 1993	197	663	16.79	—	$3,308
May 1993	185	662	17.68	—	$3,271
Apr 1993	190	594	18.05	—	$3,430
Mar 1993	187	689	18.14	—	$3,392
Feb 1993	370	603	17.90	—	$6,623
Jan 1993	183	655	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 2005 — as filed, then multipliedworked

Oil                    0 bbl  × $ 61.51 =         $0
Casinghead gas       244 Mcf  × $  9.80 =     $2,390

────────────────────────────────────────────────────
Month total                                   $2,390

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/7050 is the state's own key, not one this site invented.