UNIVERSITY "14"

Operated by LAST DOLLAR LLC (P-5 487693) 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 7348District 7CField 30243500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$6.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$114 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
NGPA11none

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
OilDisposition127,146 bbl$5,852,105
Casinghead gasProduction97,040 Mcf$364,980
Total$6,217,084

15,781 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 (11)

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 31.0385, -101.3315. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.03739, -101.33187 · 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
0.0%
0 of 11 wells
With a plug date
0.0%
0 of 11 wells
Median depth
2,205 ft
11 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
11100.0%

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

Total depth in feet, 11 of 11 wells. Median 2,205 ft, with the middle half between 2,190 and 2,260 ft; the shallowest is 2,160 ft and the deepest 2,400 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 11 wells, Dec 1977 – Feb 1984. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 1977 – Feb 1984
11 of 11 wells

11 wells

42-10534663112,160 ftFeb 1984
42-10534641102,180 ftNov 1983
42-1053459282,205 ftOct 1983
42-1053462192,210 ftOct 1983
42-1053458062,200 ftSep 1983
42-1053459372,180 ftSep 1983
42-1053457852,200 ftSep 1983
42-1053449642,260 ftJun 1983
42-1053445532,400 ftMay 1983
42-1053433722,260 ftFeb 1983
42-1053173912,400 ftDec 1977

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 20261710106.413.05$18,196
Apr 2026172098.932.87$17,016
Mar 2026157089.753.15$14,091
Feb 2026146063.503.75$9,271
Jan 2026159059.138.00$9,402
Dec 2025166056.664.41$9,406
Nov 2025168058.593.93$9,843
Oct 2025332059.383.30$19,714
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025104066.483.13$6,914
May 2025164060.553.23$9,930
Apr 2025173062.363.54$10,788
Mar 2025182067.704.27$12,321
Feb 2025173070.884.34$12,262
Jan 2025175074.324.28$13,006
Dec 2024174068.993.12$12,004
Nov 2024173069.052.20$11,946
Oct 2024282071.372.28$20,126
Sep 2024182069.612.36$12,669
Aug 2024180075.632.06$13,613
Jul 2024110079.932.15$8,792
Jun 2024341078.082.63$26,625
May 2024173078.812.20$13,634
Apr 2024173084.451.66$14,610
Mar 2024333080.301.55$26,740
Feb 2024172076.091.78$13,087
Jan 2024181073.023.30$13,217
Dec 2023174071.262.61$12,399
Nov 2023158077.892.81$12,307
Oct 2023174085.443.09$14,867
Sep 2023172089.042.74$15,315
Aug 2023175080.522.67$14,091
Jul 2023178074.852.64$13,323
Jun 2023178068.962.26$12,275
May 2023312070.622.23$22,033
Apr 2023170078.122.24$13,280
Mar 2023171072.852.39$12,457
Feb 2023149075.112.47$11,191
Jan 2023345076.533.39$26,403
Dec 2022176076.415.73$13,448
Nov 2022179085.005.65$15,215
Oct 2022176087.185.86$15,344
Sep 2022181084.888.16$15,363
Aug 2022343094.529.13$32,420
Jul 202200101.587.54$0
Jun 20221800115.097.98$20,716
May 20221750109.378.43$19,140
Apr 20221780104.226.84$18,551
Mar 20221730108.885.08$18,836
Feb 2022164091.054.86$14,932
Jan 2022177081.844.54$14,486
Dec 2021333071.323.90$23,750
Nov 2021174077.435.24$13,473
Oct 2021177079.795.71$14,123
Sep 2021175069.865.35$12,226
Aug 2021347066.024.22$22,909
Jul 2021348070.783.98$24,631
Jun 20210069.493.38$0
May 2021244063.483.02$15,489
Apr 2021180060.362.76$10,865
Mar 2021182061.302.72$11,157
Feb 2021178057.805.55$10,288
Jan 2021176050.412.81$8,872
Dec 2020339044.642.68$15,133
Nov 2020175038.772.71$6,785
Oct 2020359036.972.48$13,272
Sep 20200037.091.99$0
Aug 2020334039.982.39$13,353
Jul 2020353038.371.83$13,545
Jun 2020344034.901.69$12,006
May 2020173016.921.81$2,927
Apr 20203466014.751.80$5,212
Mar 202018015130.341.86$5,741
Feb 202034412849.881.98$17,412
Jan 20203569757.252.09$20,584
Dec 201935410759.012.30$21,136
Nov 20191778955.302.75$10,033
Oct 20191809753.472.42$9,859
Sep 201933320355.052.66$18,871
Aug 20191779253.112.30$9,612
Jul 20193331756.272.46$18,780
Jun 20191761252.782.49$9,319
May 2019345058.482.74$20,176
Apr 2019177062.632.75$11,086
Mar 20191832256.803.06$10,462
Feb 20193653250.852.79$18,650
Jan 20191815246.033.23$8,499
Dec 20181696246.594.19$8,133
Nov 201832612552.934.24$17,785
Oct 201817911261.443.40$11,378
Sep 201818216459.543.11$11,346
Aug 201817720959.403.07$11,155
Jul 201835819565.142.93$23,892
Jun 201836012860.183.08$22,059
May 201818015265.382.90$12,209
Apr 201832219363.842.90$21,116
Mar 201816917661.222.79$10,837
Feb 201817916161.782.77$11,504
Jan 201833619062.874.01$21,886
Dec 201735718657.272.92$20,989
Nov 20173364455.423.12$18,758
Oct 20171794449.292.98$8,954
Sep 201717015947.523.09$8,569
Aug 201717515045.373.00$8,390
Jul 201717617843.873.09$8,271
Jun 201717819742.493.09$8,171
May 201735223845.373.26$16,747
Apr 201734825247.933.21$17,489
Mar 201733922746.772.98$16,532
Feb 201718022950.452.95$9,757
Jan 201735621649.413.42$18,328
Dec 2016022548.763.72$838
Nov 201633711942.492.64$14,634
Oct 201635115946.193.09$16,704
Sep 201618119641.553.10$8,128
Aug 201635317641.442.92$15,143
Jul 201617817641.622.92$7,923
Jun 20163597245.352.69$16,474
May 201616512042.521.99$7,255
Apr 201618322636.561.99$7,140
Mar 201636120733.011.79$12,288
Feb 201617922026.472.06$5,192
Jan 201635018427.352.36$10,008
Dec 201517415832.362.00$5,947
Nov 201535025838.792.17$14,136
Oct 201517430143.552.43$8,308
Sep 201517323942.992.76$8,097
Aug 201518024140.162.87$7,921
Jul 201535425348.152.95$17,790
Jun 201534924456.152.88$20,300
May 201517521955.212.96$10,309
Apr 201517820849.822.71$9,431
Mar 201535022542.892.93$15,672
Feb 201517913744.662.98$8,402
Jan 20151816543.433.10$8,062
Dec 201435629854.693.59$20,540
Nov 201432728470.464.25$24,248
Oct 201434033478.303.90$27,925
Sep 2014034886.164.05$1,408
Aug 201435131689.394.04$32,651
Jul 201417635096.564.18$18,457
Jun 201413229898.164.74$14,369
May 201434840094.734.73$34,857
Apr 201416622995.944.81$17,027
Mar 201417228895.895.06$17,949
Feb 201434124497.406.19$34,724
Jan 201434519890.404.86$32,150
Dec 201316713591.824.35$15,922
Nov 201317016288.853.74$15,710
Oct 201334921497.423.78$34,808
Sep 2013174218104.113.72$18,926
Aug 2013308179104.253.52$32,740
Jul 2013341174102.523.72$35,606
Jun 201317324594.403.93$17,295
May 201330817994.834.15$29,950
Apr 201333524193.964.28$32,509
Mar 201318026593.623.91$17,889
Feb 201335024191.233.42$32,755
Jan 201318024091.603.42$17,309
Dec 201233728286.773.42$30,206
Nov 201235632286.953.62$32,121
Oct 201217236789.383.40$16,621
Sep 201233732794.672.92$32,858
Aug 201233717292.662.91$31,727
Jul 201234822985.133.02$30,317
Jun 2012021879.822.52$549
May 201235026391.612.49$32,718
Apr 2012323298101.652.00$33,428
Mar 2012349218105.052.22$37,147
Feb 2012361222101.102.57$37,068
Jan 201236324998.092.73$36,287
Dec 201118127696.873.24$18,428
Nov 201146419195.723.31$45,047
Oct 201117819784.983.65$15,845
Sep 201136024383.623.99$31,072
Aug 201117437083.404.15$16,047
Jul 201129736194.144.52$29,590
Jun 201133523092.904.64$32,189
May 201117017398.134.40$17,444
Apr 2011351323105.964.33$38,592
Mar 201135034596.364.06$35,126
Feb 201117627685.644.18$16,226
Jan 201134829186.504.59$31,437
Dec 201035528185.734.35$31,656
Nov 201017625880.843.80$15,207
Oct 201035426678.103.51$28,581
Sep 201035526672.633.98$26,842
Aug 201034924873.684.42$26,810
Jul 201018029872.554.74$14,470
Jun 201030030170.364.91$22,586
May 201035929471.124.24$26,777
Apr 201017731481.694.12$15,754
Mar 201035131978.394.39$28,915
Feb 201017730273.585.44$14,667
Jan 201034934474.365.96$28,003
Dec 200935735571.445.48$27,451
Nov 200917732174.593.75$14,407
Oct 200934631172.544.11$26,377
Sep 200935230465.543.06$24,002
Aug 200935329467.423.22$24,746
Jul 200934928361.133.46$22,315
Jun 200935628866.163.90$24,675
May 200935226954.743.93$20,325
Apr 200917326046.773.59$9,024
Mar 200953127942.144.06$23,509
Feb 200917734232.814.63$7,392
Jan 200936537135.865.37$15,082
Dec 200835629637.105.98$14,977
Nov 200834923055.496.86$20,944
Oct 200835112875.246.92$27,295
Sep 2008333209101.767.88$35,532
Aug 2008181180114.228.48$22,201
Jul 2008349254131.0811.39$48,640
Jun 2008348271131.3313.03$49,235
May 2008174172123.1711.57$23,422
Apr 2008355270110.3110.45$41,983
Mar 2008354280101.909.66$38,779
Feb 200834232892.538.77$34,522
Jan 200835038990.388.21$34,825
Dec 200736624888.337.30$34,140
Nov 200734831991.677.29$34,227
Oct 200735533982.856.92$31,758
Sep 200735925575.846.24$28,819
Aug 200735622969.066.39$26,048
Jul 200717521470.906.39$13,775
Jun 200732527562.007.55$22,226
May 200734322558.747.85$21,913
Apr 200735020659.617.81$22,471
Mar 2007347756.927.30$19,802
Feb 200733543555.108.22$22,032
Jan 200733923950.306.73$18,659
Dec 200633335556.656.92$21,321
Nov 200634923654.207.62$20,714
Oct 200635729354.906.01$21,361
Sep 200617219260.085.04$11,301
Aug 200648413468.717.34$34,239
Jul 200629814569.376.34$21,592
Jun 200635715266.286.38$24,632
May 200635213866.016.42$24,122
Apr 200618226364.397.36$13,655
Mar 200650847056.707.08$32,133
Feb 200635043257.597.75$23,505
Jan 200634253360.598.93$25,483
Dec 200518339454.9413.42$15,340
Nov 200536025854.6910.59$22,420
Oct 200535638158.3413.80$26,025
Sep 200535542061.4512.08$26,888
Aug 200534217861.519.80$22,780
Jul 200534437655.697.84$22,107
Jun 200535539352.337.38$21,478
May 200535337045.226.65$18,424
Apr 200551131149.207.36$27,430
Mar 200517946950.377.15$12,372
Feb 200535352145.226.31$19,251
Jan 200536140043.166.32$18,110
Dec 200454030339.866.75$23,570
Nov 200418133245.286.33$10,297
Oct 200436328049.706.52$19,865
Sep 200436030443.245.28$17,173
Aug 200435751342.375.55$17,974
Jul 200435529838.286.08$15,402
Jun 2004360036.106.43$12,996
May 2004347037.486.49$13,006
Apr 200436147834.475.86$15,244
Mar 200435552434.365.53$15,096
Feb 200454042532.455.51$19,865
Jan 200418235632.036.30$8,072
Dec 200354745830.266.30$19,438
Nov 200335742528.804.60$12,235
Oct 200336056228.174.76$12,816
Sep 200335854326.314.75$11,998
Aug 200351642329.765.13$17,526
Jul 200336234629.415.17$12,436
Jun 200336248228.565.98$13,223
May 200335847926.595.97$12,380
Apr 200336347126.675.41$12,228
Mar 200336452831.146.10$14,554
Feb 200335845433.487.93$15,584
Jan 200334149130.315.58$13,076
Dec 200236023026.914.85$10,804
Nov 200253637924.664.14$14,786
Oct 200235739326.464.23$11,108
Sep 200229751427.443.64$10,018
Aug 200236172125.963.16$11,653
Jul 200235659724.583.06$10,578
Jun 200253936323.733.34$14,002
May 200218128324.663.58$5,478
Apr 200253632623.653.51$13,821
Mar 200236437922.003.10$9,184
Feb 200235446118.222.38$7,545
Jan 200236433517.172.38$7,046
Dec 200153730416.932.36$9,810
Nov 200118328018.072.41$3,980
Oct 200133830519.782.53$7,457
Sep 200136233124.262.25$9,527
Aug 200136156224.873.05$10,694
Jul 200135634023.933.20$9,606
Jun 200135540924.563.82$10,283
May 200153949925.524.31$15,905
Apr 200136251224.685.34$11,666
Mar 200153939224.545.38$15,335
Feb 200136630227.755.77$11,898
Jan 200136932227.478.40$12,841
Dec 200036336126.889.12$13,051
Nov 200036539932.215.66$14,014
Oct 200036342431.235.15$13,518
Sep 200053637831.875.19$19,043
Aug 200035944429.644.54$12,657
Jul 200035644528.534.09$11,977
Jun 200054244829.304.40$17,851
May 200035839127.263.68$11,198
Apr 200036155124.513.12$10,565
Mar 200053651128.422.86$16,694
Feb 200035633427.622.73$10,743
Jan 200055534325.272.48$14,876
Dec 199955040224.282.42$14,328
Nov 199936746223.192.43$9,635
Oct 199954361720.982.80$13,122
Sep 199936250521.752.62$9,196
Aug 199953353219.262.88$11,795
Jul 199936461617.892.37$7,973
Jun 199936054715.942.36$7,030
May 199936653615.792.32$7,023
Apr 199936235515.102.21$6,250
Mar 199954433312.471.84$7,396
Feb 19993673289.981.82$4,259
Jan 199935935710.381.90$4,405
Dec 19985483109.201.77$5,591
Nov 199836529710.892.19$4,624
Oct 1998366012.421.97$4,546
Sep 199839725212.592.08$5,523
Aug 199849925711.301.91$6,129
Jul 199835018011.742.24$4,512
Jun 199852117111.242.24$6,239
May 199851539812.622.21$7,377
Apr 199835940213.042.51$5,689
Mar 199852549012.802.31$7,852
Feb 199854541913.952.30$8,566
Jan 199851833014.702.15$8,326
Dec 199752238116.322.41$9,438
Nov 199767749818.193.09$13,853
Oct 199734146819.253.15$8,038
Sep 199769248717.742.95$13,715
Aug 199735250917.862.55$7,587
Jul 199750823817.582.25$9,465
Jun 199734438617.242.26$6,802
May 199750338018.972.31$10,419
Apr 199735435917.882.08$7,077
Mar 199734847518.951.94$7,516
Feb 199735732720.492.21$8,036
Jan 199753433523.483.54$13,724
Dec 199654737423.32$12,756
Nov 199616434421.97$3,603
Oct 199652427723.31$12,214
Sep 199654428322.22$12,088
Aug 199617522020.26$3,546
Jul 199636027819.55$7,038
Jun 199636128118.73$6,762
May 199651333019.43$9,968
Apr 199636729621.51$7,894
Mar 199636224219.38$7,016
Feb 199648630616.98$8,252
Jan 199636032417.07$6,145
Dec 199552534717.19$9,025
Nov 199533033616.00$5,280
Oct 199551327815.43$7,916
Sep 199553232916.18$8,608
Aug 199536231715.92$5,763
Jul 199551131815.24$7,788
Jun 199533527216.41$5,497
May 199546439417.56$8,148
Apr 199553639017.73$9,503
Mar 199535339516.44$5,803
Feb 199548836716.58$8,091
Jan 199551738615.92$8,231
Dec 199450540015.03$7,590
Nov 199433340515.90$5,295
Oct 199449728815.58$7,743
Sep 199453537015.29$8,180
Aug 199435126816.13$5,662
Jul 199447734117.56$8,376
Jun 199451435317.09$8,784
May 199433840815.88$5,367
Apr 199451132514.14$7,226
Mar 199450031312.46$6,230
Feb 199451035012.50$6,375
Jan 199449633512.66$6,279
Dec 199334734012.33$4,279
Nov 199366836914.49$9,679
Oct 199333539015.85$5,310
Sep 199350037915.03$7,515
Aug 199350441215.66$7,893
Jul 199336338615.46$5,612
Jun 199353132116.79$8,915
May 199336532717.68$6,453
Apr 199353917018.05$9,729
Mar 199336027518.14$6,530
Feb 199356026017.90$10,024
Jan 199337131216.93$6,281

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                  171 bbl  × $106.41 =    $18,196
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,196

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/7348 is the state's own key, not one this site invented.