UNIVERSITY 2 A

Name: UNIVERSITY 2 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 7390District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$620 k

Jan 1993 – Dec 2007

Value, last 12 filed months

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	21,609 bbl	$459,534
Casinghead gas	Production	72,837 Mcf	$160,381
Total			$619,915

30,163 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 31.2912, -101.5424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.29122, -101.54236 · 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

7,560 ft

2 wells filed one

Completion to plug

26.8 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 7,550 and 7,570 ft, median 7,560 ft, over the 2 wells that filed a depth.

Completions filed

Jan 1978 – Feb 1978

2 of 2 wells

Plug dates filed

Nov 2001 – Nov 2007

2 of 2 wells

Last completion to plug: a median of 26.8 years across the 2 wells that filed both dates, with the middle half between 25.3 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38331188	1	7,550 ft	Feb 1978	Nov 2007	Yes
42-38331187	2	7,570 ft	Jan 1978	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 (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	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	18	0	60.59	8.93	$1,091
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	107	0	54.69	10.59	$5,852
Oct 2005	0	9	58.34	13.80	$124
Sep 2005	0	106	61.45	12.08	$1,280
Aug 2005	154	112	61.51	9.80	$10,570
Jul 2005	0	204	55.69	7.84	$1,600
Jun 2005	144	259	52.33	7.38	$9,447
May 2005	0	245	45.22	6.65	$1,630
Apr 2005	142	229	49.20	7.36	$8,672
Mar 2005	0	248	50.37	7.15	$1,774
Feb 2005	146	228	45.22	6.31	$8,041
Jan 2005	0	257	43.16	6.32	$1,625
Dec 2004	147	244	39.86	6.75	$7,507
Nov 2004	0	250	45.28	6.33	$1,583
Oct 2004	148	264	49.70	6.52	$9,076
Sep 2004	0	260	43.24	5.28	$1,374
Aug 2004	155	269	42.37	5.55	$8,060
Jul 2004	0	273	38.28	6.08	$1,661
Jun 2004	112	265	36.10	6.43	$5,748
May 2004	146	274	37.48	6.49	$7,252
Apr 2004	0	228	34.47	5.86	$1,336
Mar 2004	167	272	34.36	5.53	$7,242
Feb 2004	0	243	32.45	5.51	$1,339
Jan 2004	152	258	32.03	6.30	$6,494
Dec 2003	0	258	30.26	6.30	$1,626
Nov 2003	153	252	28.80	4.60	$5,564
Oct 2003	0	269	28.17	4.76	$1,280
Sep 2003	151	280	26.31	4.75	$5,303
Aug 2003	0	238	29.76	5.13	$1,221
Jul 2003	153	276	29.41	5.17	$5,927
Jun 2003	147	277	28.56	5.98	$5,856
May 2003	0	282	26.59	5.97	$1,684
Apr 2003	0	271	26.67	5.41	$1,465
Mar 2003	155	253	31.14	6.10	$6,369
Feb 2003	0	219	33.48	7.93	$1,736
Jan 2003	127	177	30.31	5.58	$4,837
Dec 2002	0	230	26.91	4.85	$1,116
Nov 2002	162	241	24.66	4.14	$4,992
Oct 2002	151	265	26.46	4.23	$5,116
Sep 2002	165	348	27.44	3.64	$5,793
Aug 2002	0	449	25.96	3.16	$1,421
Jul 2002	0	471	24.58	3.06	$1,442
Jun 2002	127	421	23.73	3.34	$4,419
May 2002	121	415	24.66	3.58	$4,471
Apr 2002	0	323	23.65	3.51	$1,134
Mar 2002	126	300	22.00	3.10	$3,703
Feb 2002	0	239	18.22	2.38	$568
Jan 2002	127	227	17.17	2.38	$2,720
Dec 2001	0	256	16.93	2.36	$605
Nov 2001	123	213	18.07	2.41	$2,735
Oct 2001	0	240	19.78	2.53	$607
Sep 2001	127	318	24.26	2.25	$3,797
Aug 2001	0	385	24.87	3.05	$1,175
Jul 2001	175	390	23.93	3.20	$5,435
Jun 2001	188	400	24.56	3.82	$6,147
May 2001	0	458	25.52	4.31	$1,973
Apr 2001	162	586	24.68	5.34	$7,125
Mar 2001	168	663	24.54	5.38	$7,687
Feb 2001	159	565	27.75	5.77	$7,671
Jan 2001	164	599	27.47	8.40	$9,536
Dec 2000	177	584	26.88	9.12	$10,085
Nov 2000	178	516	32.21	5.66	$8,653
Oct 2000	176	570	31.23	5.15	$8,429
Sep 2000	177	464	31.87	5.19	$8,048
Aug 2000	0	495	29.64	4.54	$2,248
Jul 2000	173	530	28.53	4.09	$7,103
Jun 2000	163	542	29.30	4.40	$7,159
May 2000	326	501	27.26	3.68	$10,730
Apr 2000	0	446	24.51	3.12	$1,390
Mar 2000	164	403	28.42	2.86	$5,813
Feb 2000	151	406	27.62	2.73	$5,278
Jan 2000	165	488	25.27	2.48	$5,380
Dec 1999	174	503	24.28	2.42	$5,444
Nov 1999	186	0	23.19	2.43	$4,313
Oct 1999	0	584	20.98	2.80	$1,637
Sep 1999	178	681	21.75	2.62	$5,655
Aug 1999	163	640	19.26	2.88	$4,980
Jul 1999	176	657	17.89	2.37	$4,707
Jun 1999	144	0	15.94	2.36	$2,295
May 1999	203	647	15.79	2.32	$4,707
Apr 1999	289	545	15.10	2.21	$5,567
Mar 1999	0	534	12.47	1.84	$982
Feb 1999	238	530	9.98	1.82	$3,339
Jan 1999	184	560	10.38	1.90	$2,974
Dec 1998	165	511	9.20	1.77	$2,424
Nov 1998	164	518	10.89	2.19	$2,918
Oct 1998	163	540	12.42	1.97	$3,088
Sep 1998	171	640	12.59	2.08	$3,486
Aug 1998	152	620	11.30	1.91	$2,900
Jul 1998	178	647	11.74	2.24	$3,537
Jun 1998	0	558	11.24	2.24	$1,248
May 1998	173	530	12.62	2.21	$3,353
Apr 1998	175	451	13.04	2.51	$3,412
Mar 1998	174	521	12.80	2.31	$3,430
Feb 1998	143	415	13.95	2.30	$2,949
Jan 1998	186	539	14.70	2.15	$3,896
Dec 1997	185	544	16.32	2.41	$4,331
Nov 1997	180	527	18.19	3.09	$4,902
Oct 1997	0	595	19.25	3.15	$1,874
Sep 1997	190	824	17.74	2.95	$5,805
Aug 1997	187	977	17.86	2.55	$5,836
Jul 1997	156	630	17.58	2.25	$4,158
Jun 1997	170	561	17.24	2.26	$4,197
May 1997	367	596	18.97	2.31	$8,338
Apr 1997	0	531	17.88	2.08	$1,106
Mar 1997	168	511	18.95	1.94	$4,175
Feb 1997	175	517	20.49	2.21	$4,726
Jan 1997	186	494	23.48	3.54	$6,116
Dec 1996	190	569	23.32	—	$4,431
Nov 1996	185	591	21.97	—	$4,064
Oct 1996	178	580	23.31	—	$4,149
Sep 1996	324	573	22.22	—	$7,199
Aug 1996	27	536	20.26	—	$547
Jul 1996	182	658	19.55	—	$3,558
Jun 1996	176	581	18.73	—	$3,296
May 1996	176	526	19.43	—	$3,420
Apr 1996	157	280	21.51	—	$3,377
Mar 1996	174	97	19.38	—	$3,372
Feb 1996	367	604	16.98	—	$6,232
Jan 1996	0	356	17.07	—	$0
Dec 1995	300	575	17.19	—	$5,157
Nov 1995	181	602	16.00	—	$2,896
Oct 1995	173	618	15.43	—	$2,669
Sep 1995	210	715	16.18	—	$3,398
Aug 1995	176	699	15.92	—	$2,802
Jul 1995	172	679	15.24	—	$2,621
Jun 1995	171	618	16.41	—	$2,806
May 1995	205	822	17.56	—	$3,600
Apr 1995	165	542	17.73	—	$2,925
Mar 1995	171	637	16.44	—	$2,811
Feb 1995	167	564	16.58	—	$2,769
Jan 1995	336	646	15.92	—	$5,349
Dec 1994	169	615	15.03	—	$2,540
Nov 1994	167	621	15.90	—	$2,655
Oct 1994	164	632	15.58	—	$2,555
Sep 1994	172	637	15.29	—	$2,630
Aug 1994	146	559	16.13	—	$2,355
Jul 1994	294	681	17.56	—	$5,163
Jun 1994	153	649	17.09	—	$2,615
May 1994	152	590	15.88	—	$2,414
Apr 1994	274	689	14.14	—	$3,874
Mar 1994	264	683	12.46	—	$3,289
Feb 1994	131	444	12.50	—	$1,638
Jan 1994	0	584	12.66	—	$0
Dec 1993	131	675	12.33	—	$1,615
Nov 1993	129	710	14.49	—	$1,869
Oct 1993	241	776	15.85	—	$3,820
Sep 1993	271	807	15.03	—	$4,073
Aug 1993	133	824	15.66	—	$2,083
Jul 1993	264	764	15.46	—	$4,081
Jun 1993	254	730	16.79	—	$4,265
May 1993	131	821	17.68	—	$2,316
Apr 1993	264	753	18.05	—	$4,765
Mar 1993	268	781	18.14	—	$4,862
Feb 1993	267	681	17.90	—	$4,779
Jan 1993	145	789	16.93	—	$2,455

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 2006 — as filed, then multipliedworked

Oil                   18 bbl  × $ 60.59 =     $1,091
Casinghead gas         0 Mcf  × $  8.93 =         $0

────────────────────────────────────────────────────
Month total                                   $1,091

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/7390 is the state's own key, not one this site invented.