UNIVERSITY 1-A

Name: UNIVERSITY 1-A 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 7336District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$451 k

Jan 1993 – Dec 2007

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

180

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.”

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	2	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	13,500 bbl	$324,655
Casinghead gas	Production	48,787 Mcf	$126,573
Total			$451,228

19,822 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 31.2916, -101.5592. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.29161, -101.55919 · 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

7,575 ft

2 wells filed one

Completion to plug

24.1 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 7,575 and 7,575 ft, median 7,575 ft, over the 2 wells that filed a depth.

Completions filed

Nov 1977 – Jan 1978

2 of 2 wells

Plug dates filed

Mar 1996 – Nov 2007

2 of 2 wells

Last completion to plug: a median of 24.1 years across the 2 wells that filed both dates, with the middle half between 21.3 years and 27.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38331186	2	7,575 ft	Jan 1978	Nov 2007	Yes
42-38331185	1	7,575 ft	Nov 1977	Mar 1996	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 (180)

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

180 months


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	175	0	50.30	6.73	$8,803
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	24	54.20	7.62	$183
Oct 2006	0	309	54.90	6.01	$1,858
Sep 2006	174	305	60.08	5.04	$11,990
Aug 2006	0	321	68.71	7.34	$2,356
Jul 2006	0	318	69.37	6.34	$2,017
Jun 2006	166	278	66.28	6.38	$12,777
May 2006	0	306	66.01	6.42	$1,966
Apr 2006	182	297	64.39	7.36	$13,905
Mar 2006	0	304	56.70	7.08	$2,153
Feb 2006	0	184	57.59	7.75	$1,426
Jan 2006	188	31	60.59	8.93	$11,668
Dec 2005	0	34	54.94	13.42	$456
Nov 2005	140	29	54.69	10.59	$7,964
Oct 2005	0	59	58.34	13.80	$814
Sep 2005	0	115	61.45	12.08	$1,389
Aug 2005	93	142	61.51	9.80	$7,112
Jul 2005	0	187	55.69	7.84	$1,467
Jun 2005	95	137	52.33	7.38	$5,983
May 2005	0	214	45.22	6.65	$1,423
Apr 2005	95	201	49.20	7.36	$6,153
Mar 2005	0	217	50.37	7.15	$1,553
Feb 2005	97	199	45.22	6.31	$5,642
Jan 2005	0	225	43.16	6.32	$1,423
Dec 2004	104	228	39.86	6.75	$5,685
Nov 2004	0	219	45.28	6.33	$1,386
Oct 2004	99	231	49.70	6.52	$6,425
Sep 2004	0	228	43.24	5.28	$1,205
Aug 2004	103	235	42.37	5.55	$5,669
Jul 2004	0	239	38.28	6.08	$1,454
Jun 2004	75	231	36.10	6.43	$4,194
May 2004	98	240	37.48	6.49	$5,232
Apr 2004	0	199	34.47	5.86	$1,166
Mar 2004	86	185	34.36	5.53	$3,978
Feb 2004	0	212	32.45	5.51	$1,168
Jan 2004	101	225	32.03	6.30	$4,652
Dec 2003	0	226	30.26	6.30	$1,424
Nov 2003	102	221	28.80	4.60	$3,953
Oct 2003	0	235	28.17	4.76	$1,119
Sep 2003	101	245	26.31	4.75	$3,821
Aug 2003	0	208	29.76	5.13	$1,067
Jul 2003	102	276	29.41	5.17	$4,427
Jun 2003	98	278	28.56	5.98	$4,462
May 2003	0	282	26.59	5.97	$1,684
Apr 2003	0	272	26.67	5.41	$1,471
Mar 2003	103	253	31.14	6.10	$4,750
Feb 2003	0	236	33.48	7.93	$1,871
Jan 2003	131	273	30.31	5.58	$5,495
Dec 2002	0	230	26.91	4.85	$1,116
Nov 2002	93	241	24.66	4.14	$3,290
Oct 2002	101	265	26.46	4.23	$3,793
Sep 2002	85	179	27.44	3.64	$2,983
Aug 2002	0	232	25.96	3.16	$734
Jul 2002	0	269	24.58	3.06	$824
Jun 2002	104	301	23.73	3.34	$3,473
May 2002	76	296	24.66	3.58	$2,935
Apr 2002	0	281	23.65	3.51	$987
Mar 2002	126	301	22.00	3.10	$3,706
Feb 2002	0	210	18.22	2.38	$499
Jan 2002	127	228	17.17	2.38	$2,722
Dec 2001	0	256	16.93	2.36	$605
Nov 2001	123	213	18.07	2.41	$2,735
Oct 2001	0	270	19.78	2.53	$683
Sep 2001	127	282	24.26	2.25	$3,716
Aug 2001	0	236	24.87	3.05	$721
Jul 2001	69	226	23.93	3.20	$2,374
Jun 2001	74	227	24.56	3.82	$2,686
May 2001	0	269	25.52	4.31	$1,159
Apr 2001	83	347	24.68	5.34	$3,900
Mar 2001	82	364	24.54	5.38	$3,969
Feb 2001	72	286	27.75	5.77	$3,647
Jan 2001	78	316	27.47	8.40	$4,797
Dec 2000	91	321	26.88	9.12	$5,374
Nov 2000	86	323	32.21	5.66	$4,598
Oct 2000	89	357	31.23	5.15	$4,616
Sep 2000	83	303	31.87	5.19	$4,217
Aug 2000	0	307	29.64	4.54	$1,394
Jul 2000	87	306	28.53	4.09	$3,734
Jun 2000	82	326	29.30	4.40	$3,836
May 2000	164	295	27.26	3.68	$5,556
Apr 2000	0	304	24.51	3.12	$947
Mar 2000	93	274	28.42	2.86	$3,427
Feb 2000	74	246	27.62	2.73	$2,715
Jan 2000	85	252	25.27	2.48	$2,773
Dec 1999	87	251	24.28	2.42	$2,721
Nov 1999	79	0	23.19	2.43	$1,832
Oct 1999	0	251	20.98	2.80	$704
Sep 1999	78	299	21.75	2.62	$2,480
Aug 1999	79	310	19.26	2.88	$2,413
Jul 1999	80	301	17.89	2.37	$2,145
Jun 1999	74	0	15.94	2.36	$1,180
May 1999	52	166	15.79	2.32	$1,206
Apr 1999	140	263	15.10	2.21	$2,695
Mar 1999	0	281	12.47	1.84	$517
Feb 1999	99	221	9.98	1.82	$1,390
Jan 1999	79	242	10.38	1.90	$1,280
Dec 1998	82	255	9.20	1.77	$1,207
Nov 1998	82	258	10.89	2.19	$1,457
Oct 1998	82	272	12.42	1.97	$1,554
Sep 1998	85	320	12.59	2.08	$1,737
Aug 1998	82	334	11.30	1.91	$1,564
Jul 1998	77	280	11.74	2.24	$1,530
Jun 1998	0	257	11.24	2.24	$575
May 1998	86	261	12.62	2.21	$1,661
Apr 1998	81	208	13.04	2.51	$1,577
Mar 1998	86	257	12.80	2.31	$1,694
Feb 1998	111	320	13.95	2.30	$2,284
Jan 1998	67	193	14.70	2.15	$1,401
Dec 1997	67	197	16.32	2.41	$1,568
Nov 1997	71	209	18.19	3.09	$1,937
Oct 1997	0	242	19.25	3.15	$762
Sep 1997	72	312	17.74	2.95	$2,199
Aug 1997	57	293	17.86	2.55	$1,767
Jul 1997	75	305	17.58	2.25	$2,004
Jun 1997	81	270	17.24	2.26	$2,006
May 1997	160	260	18.97	2.31	$3,635
Apr 1997	0	290	17.88	2.08	$604
Mar 1997	92	280	18.95	1.94	$2,286
Feb 1997	77	229	20.49	2.21	$2,083
Jan 1997	85	226	23.48	3.54	$2,796
Dec 1996	79	239	23.32	—	$1,842
Nov 1996	82	261	21.97	—	$1,802
Oct 1996	81	264	23.31	—	$1,888
Sep 1996	144	256	22.22	—	$3,200
Aug 1996	13	267	20.26	—	$263
Jul 1996	76	273	19.55	—	$1,486
Jun 1996	81	268	18.73	—	$1,517
May 1996	80	240	19.43	—	$1,554
Apr 1996	75	133	21.51	—	$1,613
Mar 1996	73	41	19.38	—	$1,415
Feb 1996	149	245	16.98	—	$2,530
Jan 1996	0	350	17.07	—	$0
Dec 1995	154	294	17.19	—	$2,647
Nov 1995	83	276	16.00	—	$1,328
Oct 1995	95	340	15.43	—	$1,466
Sep 1995	40	136	16.18	—	$647
Aug 1995	75	301	15.92	—	$1,194
Jul 1995	79	311	15.24	—	$1,204
Jun 1995	82	281	16.41	—	$1,346
May 1995	51	20	17.56	—	$896
Apr 1995	79	259	17.73	—	$1,401
Mar 1995	78	294	16.44	—	$1,282
Feb 1995	84	324	16.58	—	$1,393
Jan 1995	168	324	15.92	—	$2,675
Dec 1994	73	267	15.03	—	$1,097
Nov 1994	74	273	15.90	—	$1,177
Oct 1994	81	313	15.58	—	$1,262
Sep 1994	82	306	15.29	—	$1,254
Aug 1994	105	401	16.13	—	$1,694
Jul 1994	207	480	17.56	—	$3,635
Jun 1994	109	462	17.09	—	$1,863
May 1994	106	414	15.88	—	$1,683
Apr 1994	244	615	14.14	—	$3,450
Mar 1994	245	634	12.46	—	$3,053
Feb 1994	127	431	12.50	—	$1,588
Jan 1994	0	560	12.66	—	$0
Dec 1993	133	688	12.33	—	$1,640
Nov 1993	133	731	14.49	—	$1,927
Oct 1993	245	789	15.85	—	$3,883
Sep 1993	244	728	15.03	—	$3,667
Aug 1993	126	771	15.66	—	$1,973
Jul 1993	247	716	15.46	—	$3,819
Jun 1993	260	746	16.79	—	$4,365
May 1993	119	745	17.68	—	$2,104
Apr 1993	261	744	18.05	—	$4,711
Mar 1993	237	690	18.14	—	$4,299
Feb 1993	246	629	17.90	—	$4,403
Jan 1993	128	692	16.93	—	$2,167

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.

Jan 2007 — as filed, then multipliedworked

Oil                  175 bbl  × $ 50.30 =     $8,803
Casinghead gas         0 Mcf  × $  6.73 =         $0

────────────────────────────────────────────────────
Month total                                   $8,803

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/7336 is the state's own key, not one this site invented.