UNIVERSITY "7"

Name: UNIVERSITY "7" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VIKING ENERGY CORPORATION (P-5 885790) in the BARNHART field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7223District 7CField 05783001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$6.1 M

Jan 1993 – Mar 2016

Value, last 12 filed months

$67 k

at the published price for each month

Months reported

279

no gaps in the span

Streams

oil, casinghead gas

The BARNHART 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 24 leases and 75 wells, and the rule below applies to all of them.

Discovered

1941-08-21

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1950-01-10.

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.

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	116,982 bbl	$5,499,390
Casinghead gas	Production	144,648 Mcf	$610,466
Total			$6,109,856

20,099 Mcf of this lease's gas, across 47 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 31.1220, -101.3550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.12197, -101.35499 · 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

9,210 ft

1 wells filed one

Completion to plug

38.3 years

median over 1 well

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 9,210 ft.

Completions filed

Jul 1977

1 of 1 wells

Plug dates filed

Oct 2015

1 of 1 wells

Last completion to plug: a median of 38.3 years across the 1 well that filed both dates, with the middle half between 38.3 years and 38.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38301614	1 E	9,210 ft	Jul 1977	Oct 2015	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 (279)

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

279 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	124	0	38.79	2.17	$4,810
Oct 2015	3	0	43.55	2.43	$131
Sep 2015	0	17	42.99	2.76	$47
Aug 2015	0	6	40.16	2.87	$17
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	178	1,349	56.15	2.88	$13,884
May 2015	353	2,284	55.21	2.96	$26,239
Apr 2015	359	1,337	49.82	2.71	$21,504
Mar 2015	372	930	42.89	2.93	$18,684
Feb 2015	184	711	44.66	2.98	$10,334
Jan 2015	364	1,073	43.43	3.10	$19,136
Dec 2014	368	1,371	54.69	3.59	$25,050
Nov 2014	699	1,327	70.46	4.25	$54,894
Oct 2014	174	1,439	78.30	3.90	$19,238
Sep 2014	545	1,383	86.16	4.05	$52,552
Aug 2014	362	1,744	89.39	4.04	$39,396
Jul 2014	539	611	96.56	4.18	$54,600
Jun 2014	363	1,335	98.16	4.74	$41,956
May 2014	383	610	94.73	4.73	$39,165
Apr 2014	538	583	95.94	4.81	$54,419
Mar 2014	618	638	95.89	5.06	$62,486
Feb 2014	389	500	97.40	6.19	$40,985
Jan 2014	674	672	90.40	4.86	$64,196
Dec 2013	241	361	91.82	4.35	$23,701
Nov 2013	193	279	88.85	3.74	$18,191
Oct 2013	574	9	97.42	3.78	$55,953
Sep 2013	371	440	104.11	3.72	$40,261
Aug 2013	389	556	104.25	3.52	$42,512
Jul 2013	364	356	102.52	3.72	$38,641
Jun 2013	549	107	94.40	3.93	$52,246
May 2013	380	72	94.83	4.15	$36,334
Apr 2013	372	85	93.96	4.28	$35,317
Mar 2013	550	232	93.62	3.91	$52,399
Feb 2013	376	302	91.23	3.42	$35,335
Jan 2013	374	404	91.60	3.42	$35,640
Dec 2012	541	503	86.77	3.42	$48,663
Nov 2012	561	624	86.95	3.62	$51,041
Oct 2012	367	738	89.38	3.40	$35,311
Sep 2012	357	603	94.67	2.92	$35,557
Aug 2012	343	541	92.66	2.91	$33,356
Jul 2012	361	572	85.13	3.02	$32,460
Jun 2012	360	663	79.82	2.52	$30,405
May 2012	363	593	91.61	2.49	$34,730
Apr 2012	547	639	101.65	2.00	$56,879
Mar 2012	367	627	105.05	2.22	$39,947
Feb 2012	357	577	101.10	2.57	$37,576
Jan 2012	554	559	98.09	2.73	$55,870
Dec 2011	371	582	96.87	3.24	$37,824
Nov 2011	364	598	95.72	3.31	$36,822
Oct 2011	534	631	84.98	3.65	$47,682
Sep 2011	355	641	83.62	3.99	$32,240
Aug 2011	350	692	83.40	4.15	$32,061
Jul 2011	535	786	94.14	4.52	$53,915
Jun 2011	355	546	92.90	4.64	$35,513
May 2011	346	687	98.13	4.40	$36,979
Apr 2011	526	666	105.96	4.33	$58,621
Mar 2011	358	668	96.36	4.06	$37,207
Feb 2011	370	524	85.64	4.18	$33,877
Jan 2011	535	618	86.50	4.59	$49,113
Dec 2010	358	629	85.73	4.35	$33,426
Nov 2010	519	632	80.84	3.80	$44,355
Oct 2010	358	681	78.10	3.51	$30,349
Sep 2010	341	686	72.63	3.98	$27,497
Aug 2010	521	633	73.68	4.42	$41,185
Jul 2010	349	890	72.55	4.74	$29,535
Jun 2010	524	691	70.36	4.91	$40,262
May 2010	523	695	71.12	4.24	$40,139
Apr 2010	186	654	81.69	4.12	$17,891
Mar 2010	530	677	78.39	4.39	$44,518
Feb 2010	375	599	73.58	5.44	$30,852
Jan 2010	530	673	74.36	5.96	$43,425
Dec 2009	355	716	71.44	5.48	$29,288
Nov 2009	507	467	74.59	3.75	$39,569
Oct 2009	346	686	72.54	4.11	$27,918
Sep 2009	347	708	65.54	3.06	$24,912
Aug 2009	506	642	67.42	3.22	$36,181
Jul 2009	504	728	61.13	3.46	$33,332
Jun 2009	481	734	66.16	3.90	$34,682
May 2009	464	781	54.74	3.93	$28,465
Apr 2009	320	625	46.77	3.59	$17,209
Mar 2009	345	704	42.14	4.06	$17,396
Feb 2009	348	643	32.81	4.63	$14,397
Jan 2009	532	710	35.86	5.37	$22,891
Dec 2008	525	745	37.10	5.98	$23,930
Nov 2008	527	669	55.49	6.86	$33,833
Oct 2008	352	700	75.24	6.92	$31,330
Sep 2008	337	481	101.76	7.88	$38,082
Aug 2008	514	691	114.22	8.48	$64,571
Jul 2008	345	777	131.08	11.39	$54,072
Jun 2008	478	786	131.33	13.03	$73,019
May 2008	518	817	123.17	11.57	$73,258
Apr 2008	495	825	110.31	10.45	$63,229
Mar 2008	348	781	101.90	9.66	$43,009
Feb 2008	461	541	92.53	8.77	$47,401
Jan 2008	348	550	90.38	8.21	$35,965
Dec 2007	495	699	88.33	7.30	$48,827
Nov 2007	342	693	91.67	7.29	$36,404
Oct 2007	512	764	82.85	6.92	$47,708
Sep 2007	508	760	75.84	6.24	$43,272
Aug 2007	501	894	69.06	6.39	$40,310
Jul 2007	345	520	70.90	6.39	$27,782
Jun 2007	345	603	62.00	7.55	$25,942
May 2007	514	627	58.74	7.85	$35,112
Apr 2007	361	670	59.61	7.81	$26,749
Mar 2007	527	0	56.92	7.30	$29,997
Feb 2007	346	538	55.10	8.22	$23,485
Jan 2007	508	616	50.30	6.73	$29,696
Dec 2006	348	551	56.65	6.92	$23,526
Nov 2006	519	552	54.20	7.62	$32,335
Oct 2006	533	658	54.90	6.01	$33,219
Sep 2006	345	462	60.08	5.04	$23,055
Aug 2006	342	565	68.71	7.34	$27,646
Jul 2006	344	443	69.37	6.34	$26,673
Jun 2006	532	712	66.28	6.38	$39,806
May 2006	522	782	66.01	6.42	$39,482
Apr 2006	344	644	64.39	7.36	$26,890
Mar 2006	535	515	56.70	7.08	$33,982
Feb 2006	354	487	57.59	7.75	$24,162
Jan 2006	534	434	60.59	8.93	$36,232
Dec 2005	342	527	54.94	13.42	$25,859
Nov 2005	363	508	54.69	10.59	$25,231
Oct 2005	491	481	58.34	13.80	$35,281
Sep 2005	503	608	61.45	12.08	$38,253
Aug 2005	526	679	61.51	9.80	$39,006
Jul 2005	339	596	55.69	7.84	$23,554
Jun 2005	527	619	52.33	7.38	$32,147
May 2005	669	607	45.22	6.65	$34,289
Apr 2005	547	887	49.20	7.36	$33,441
Mar 2005	362	339	50.37	7.15	$20,659
Feb 2005	179	376	45.22	6.31	$10,468
Jan 2005	541	561	43.16	6.32	$26,896
Dec 2004	547	548	39.86	6.75	$25,503
Nov 2004	368	384	45.28	6.33	$19,094
Oct 2004	542	497	49.70	6.52	$30,175
Sep 2004	551	522	43.24	5.28	$26,583
Aug 2004	715	571	42.37	5.55	$33,464
Jul 2004	355	543	38.28	6.08	$16,893
Jun 2004	547	592	36.10	6.43	$23,555
May 2004	180	356	37.48	6.49	$9,058
Apr 2004	361	379	34.47	5.86	$14,664
Mar 2004	731	634	34.36	5.53	$28,623
Feb 2004	364	625	32.45	5.51	$15,255
Jan 2004	548	583	32.03	6.30	$21,225
Dec 2003	547	563	30.26	6.30	$20,100
Nov 2003	550	720	28.80	4.60	$19,149
Oct 2003	551	760	28.17	4.76	$19,139
Sep 2003	539	394	26.31	4.75	$16,052
Aug 2003	541	917	29.76	5.13	$20,804
Jul 2003	541	743	29.41	5.17	$19,753
Jun 2003	178	483	28.56	5.98	$7,973
May 2003	529	733	26.59	5.97	$18,444
Apr 2003	534	597	26.67	5.41	$17,470
Mar 2003	542	671	31.14	6.10	$20,968
Feb 2003	366	502	33.48	7.93	$16,232
Jan 2003	368	415	30.31	5.58	$13,471
Dec 2002	365	209	26.91	4.85	$10,837
Nov 2002	544	264	24.66	4.14	$14,507
Oct 2002	540	183	26.46	4.23	$15,062
Sep 2002	365	437	27.44	3.64	$11,604
Aug 2002	531	429	25.96	3.16	$15,142
Jul 2002	367	342	24.58	3.06	$10,068
Jun 2002	545	341	23.73	3.34	$14,071
May 2002	550	453	24.66	3.58	$15,187
Apr 2002	363	400	23.65	3.51	$9,990
Mar 2002	545	305	22.00	3.10	$12,936
Feb 2002	192	203	18.22	2.38	$3,981
Jan 2002	557	382	17.17	2.38	$10,471
Dec 2001	564	369	16.93	2.36	$10,421
Nov 2001	376	443	18.07	2.41	$7,860
Oct 2001	545	461	19.78	2.53	$11,946
Sep 2001	551	656	24.26	2.25	$14,844
Aug 2001	367	414	24.87	3.05	$10,391
Jul 2001	545	526	23.93	3.20	$14,724
Jun 2001	548	416	24.56	3.82	$15,050
May 2001	557	415	25.52	4.31	$16,002
Apr 2001	182	275	24.68	5.34	$5,959
Mar 2001	361	449	24.54	5.38	$11,273
Feb 2001	179	329	27.75	5.77	$6,865
Jan 2001	366	321	27.47	8.40	$12,750
Dec 2000	348	405	26.88	9.12	$13,049
Nov 2000	324	311	32.21	5.66	$12,196
Oct 2000	355	452	31.23	5.15	$13,412
Sep 2000	355	341	31.87	5.19	$13,082
Aug 2000	179	377	29.64	4.54	$7,017
Jul 2000	328	331	28.53	4.09	$10,712
Jun 2000	1	197	29.30	4.40	$896
May 2000	527	363	27.26	3.68	$15,702
Apr 2000	347	314	24.51	3.12	$9,483
Mar 2000	534	391	28.42	2.86	$16,294
Feb 2000	347	342	27.62	2.73	$10,517
Jan 2000	521	392	25.27	2.48	$14,138
Dec 1999	360	360	24.28	2.42	$9,613
Nov 1999	526	409	23.19	2.43	$13,193
Oct 1999	341	395	20.98	2.80	$8,262
Sep 1999	527	412	21.75	2.62	$12,541
Aug 1999	351	380	19.26	2.88	$7,853
Jul 1999	525	399	17.89	2.37	$10,339
Jun 1999	355	417	15.94	2.36	$6,644
May 1999	531	399	15.79	2.32	$9,311
Apr 1999	358	494	15.10	2.21	$6,497
Mar 1999	344	248	12.47	1.84	$4,746
Feb 1999	516	355	9.98	1.82	$5,795
Jan 1999	348	384	10.38	1.90	$4,342
Dec 1998	523	258	9.20	1.77	$5,269
Nov 1998	356	430	10.89	2.19	$4,817
Oct 1998	532	511	12.42	1.97	$7,614
Sep 1998	352	389	12.59	2.08	$5,242
Aug 1998	355	477	11.30	1.91	$4,921
Jul 1998	516	395	11.74	2.24	$6,942
Jun 1998	354	406	11.24	2.24	$4,887
May 1998	529	462	12.62	2.21	$7,695
Apr 1998	346	390	13.04	2.51	$5,489
Mar 1998	529	435	12.80	2.31	$7,776
Feb 1998	345	432	13.95	2.30	$5,806
Jan 1998	532	380	14.70	2.15	$8,639
Dec 1997	549	284	16.32	2.41	$9,644
Nov 1997	345	277	18.19	3.09	$7,131
Oct 1997	522	422	19.25	3.15	$11,378
Sep 1997	350	397	17.74	2.95	$7,382
Aug 1997	521	314	17.86	2.55	$10,107
Jul 1997	527	207	17.58	2.25	$9,730
Jun 1997	349	401	17.24	2.26	$6,922
May 1997	523	411	18.97	2.31	$10,870
Apr 1997	526	460	17.88	2.08	$10,363
Mar 1997	342	485	18.95	1.94	$7,421
Feb 1997	515	321	20.49	2.21	$11,260
Jan 1997	492	358	23.48	3.54	$12,819
Dec 1996	510	274	23.32	—	$11,893
Nov 1996	514	246	21.97	—	$11,293
Oct 1996	518	269	23.31	—	$12,075
Sep 1996	535	356	22.22	—	$11,888
Aug 1996	334	265	20.26	—	$6,767
Jul 1996	331	181	19.55	—	$6,471
Jun 1996	167	234	18.73	—	$3,128
May 1996	520	422	19.43	—	$10,104
Apr 1996	330	352	21.51	—	$7,098
Mar 1996	520	495	19.38	—	$10,078
Feb 1996	695	467	16.98	—	$11,801
Jan 1996	2	557	17.07	—	$34
Dec 1995	902	571	17.19	—	$15,505
Nov 1995	345	434	16.00	—	$5,520
Oct 1995	352	466	15.43	—	$5,431
Sep 1995	344	459	16.18	—	$5,566
Aug 1995	357	497	15.92	—	$5,683
Jul 1995	306	533	15.24	—	$4,663
Jun 1995	690	426	16.41	—	$11,323
May 1995	487	411	17.56	—	$8,552
Apr 1995	358	386	17.73	—	$6,347
Mar 1995	519	403	16.44	—	$8,532
Feb 1995	341	423	16.58	—	$5,654
Jan 1995	481	477	15.92	—	$7,658
Dec 1994	692	0	15.03	—	$10,401
Nov 1994	533	574	15.90	—	$8,475
Oct 1994	382	521	15.58	—	$5,952
Sep 1994	0	365	15.29	—	$0
Aug 1994	414	436	16.13	—	$6,678
Jul 1994	360	518	17.56	—	$6,322
Jun 1994	523	614	17.09	—	$8,938
May 1994	356	533	15.88	—	$5,653
Apr 1994	711	438	14.14	—	$10,054
Mar 1994	909	484	12.46	—	$11,326
Feb 1994	367	398	12.50	—	$4,588
Jan 1994	0	521	12.66	—	$0
Dec 1993	534	479	12.33	—	$6,584
Nov 1993	355	432	14.49	—	$5,144
Oct 1993	353	360	15.85	—	$5,595
Sep 1993	532	445	15.03	—	$7,996
Aug 1993	378	438	15.66	—	$5,919
Jul 1993	545	442	15.46	—	$8,426
Jun 1993	372	446	16.79	—	$6,246
May 1993	531	446	17.68	—	$9,388
Apr 1993	362	429	18.05	—	$6,534
Mar 1993	365	447	18.14	—	$6,621
Feb 1993	548	287	17.90	—	$9,809
Jan 1993	363	442	16.93	—	$6,146

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.

Nov 2015 — as filed, then multipliedworked

Oil                  124 bbl  × $ 38.79 =     $4,810
Casinghead gas         0 Mcf  × $  2.17 =         $0

────────────────────────────────────────────────────
Month total                                   $4,810

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/7223 is the state's own key, not one this site invented.