UNIVERSITY "BL"

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

Operated by MARATHON OIL COMPANY (P-5 525380) in the BIG LAKE (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7510District 7CField 07919415NGPA filingOilCasinghead gasSave Export

Value, all time

$1.0 M

Jan 1993 – May 2008

Value, last 12 filed months

at the published price for each month

Months reported

185

no gaps in the span

Streams

oil, casinghead gas

The BIG LAKE (FUSSELMAN) 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 2 leases and 3 wells, and the rule below applies to all of them.

Discovered

1950-07-15

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1990-07-01.

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	38,373 bbl	$785,227
Casinghead gas	Production	194,517 Mcf	$227,234
Total			$1,012,461

131,500 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 31.2303, -101.6836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.23033, -101.68362 · 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

9,281 ft

2 wells filed one

Completion to plug

17.2 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 9,250 and 9,312 ft, median 9,281 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1994 – Jun 2006

2 of 2 wells

Plug dates filed

May 2017 – Apr 2018

2 of 2 wells

Last completion to plug: a median of 17.2 years across the 2 wells that filed both dates, with the middle half between 14.5 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38333886	6	9,250 ft	Jun 2006	Apr 2018	Yes
42-38331222	4	9,312 ft	Dec 1994	May 2017	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 (185)

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

185 months


May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
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	426	69.37	6.34	$2,702
Jun 2006	90	265	66.28	6.38	$7,657
May 2006	93	184	66.01	6.42	$7,321
Apr 2006	93	220	64.39	7.36	$7,608
Mar 2006	74	179	56.70	7.08	$5,464
Feb 2006	55	193	57.59	7.75	$4,663
Jan 2006	63	226	60.59	8.93	$5,836
Dec 2005	62	220	54.94	13.42	$6,358
Nov 2005	62	201	54.69	10.59	$5,519
Oct 2005	63	215	58.34	13.80	$6,642
Sep 2005	62	276	61.45	12.08	$7,144
Aug 2005	68	199	61.51	9.80	$6,132
Jul 2005	77	221	55.69	7.84	$6,022
Jun 2005	83	232	52.33	7.38	$6,056
May 2005	65	192	45.22	6.65	$4,216
Apr 2005	62	186	49.20	7.36	$4,419
Mar 2005	68	122	50.37	7.15	$4,298
Feb 2005	58	153	45.22	6.31	$3,588
Jan 2005	66	171	43.16	6.32	$3,930
Dec 2004	66	241	39.86	6.75	$4,258
Nov 2004	64	163	45.28	6.33	$3,930
Oct 2004	65	168	49.70	6.52	$4,325
Sep 2004	84	263	43.24	5.28	$5,022
Aug 2004	63	244	42.37	5.55	$4,024
Jul 2004	66	184	38.28	6.08	$3,646
Jun 2004	65	215	36.10	6.43	$3,730
May 2004	73	197	37.48	6.49	$4,015
Apr 2004	63	220	34.47	5.86	$3,460
Mar 2004	62	220	34.36	5.53	$3,347
Feb 2004	65	181	32.45	5.51	$3,106
Jan 2004	68	65	32.03	6.30	$2,588
Dec 2003	67	204	30.26	6.30	$3,313
Nov 2003	65	233	28.80	4.60	$2,943
Oct 2003	61	166	28.17	4.76	$2,508
Sep 2003	60	194	26.31	4.75	$2,500
Aug 2003	67	353	29.76	5.13	$3,805
Jul 2003	60	358	29.41	5.17	$3,616
Jun 2003	57	257	28.56	5.98	$3,166
May 2003	85	208	26.59	5.97	$3,502
Apr 2003	86	96	26.67	5.41	$2,813
Mar 2003	63	136	31.14	6.10	$2,791
Feb 2003	52	62	33.48	7.93	$2,232
Jan 2003	101	71	30.31	5.58	$3,458
Dec 2002	115	14	26.91	4.85	$3,163
Nov 2002	118	208	24.66	4.14	$3,770
Oct 2002	127	493	26.46	4.23	$5,445
Sep 2002	119	326	27.44	3.64	$4,450
Aug 2002	118	428	25.96	3.16	$4,418
Jul 2002	125	235	24.58	3.06	$3,792
Jun 2002	126	281	23.73	3.34	$3,928
May 2002	137	230	24.66	3.58	$4,203
Apr 2002	143	444	23.65	3.51	$4,941
Mar 2002	77	294	22.00	3.10	$2,606
Feb 2002	66	196	18.22	2.38	$1,668
Jan 2002	109	267	17.17	2.38	$2,506
Dec 2001	180	195	16.93	2.36	$3,508
Nov 2001	153	216	18.07	2.41	$3,284
Oct 2001	185	249	19.78	2.53	$4,289
Sep 2001	199	477	24.26	2.25	$5,902
Aug 2001	208	416	24.87	3.05	$6,443
Jul 2001	178	383	23.93	3.20	$5,484
Jun 2001	206	519	24.56	3.82	$7,044
May 2001	214	679	25.52	4.31	$8,386
Apr 2001	230	514	24.68	5.34	$8,419
Mar 2001	227	437	24.54	5.38	$7,920
Feb 2001	209	470	27.75	5.77	$8,510
Jan 2001	236	647	27.47	8.40	$11,917
Dec 2000	254	541	26.88	9.12	$11,763
Nov 2000	156	1,112	32.21	5.66	$11,316
Oct 2000	237	1,342	31.23	5.15	$14,307
Sep 2000	255	1,167	31.87	5.19	$14,180
Aug 2000	246	1,302	29.64	4.54	$13,204
Jul 2000	241	1,647	28.53	4.09	$13,612
Jun 2000	249	952	29.30	4.40	$11,482
May 2000	274	0	27.26	3.68	$7,469
Apr 2000	265	1,102	24.51	3.12	$9,929
Mar 2000	264	1,099	28.42	2.86	$10,646
Feb 2000	254	966	27.62	2.73	$9,649
Jan 2000	263	1,196	25.27	2.48	$9,613
Dec 1999	283	1,023	24.28	2.42	$9,351
Nov 1999	188	893	23.19	2.43	$6,533
Oct 1999	268	1,063	20.98	2.80	$8,603
Sep 1999	328	1,100	21.75	2.62	$10,015
Aug 1999	341	1,565	19.26	2.88	$11,068
Jul 1999	92	1,158	17.89	2.37	$4,393
Jun 1999	144	913	15.94	2.36	$4,452
May 1999	166	1,254	15.79	2.32	$5,532
Apr 1999	156	972	15.10	2.21	$4,502
Mar 1999	186	1,334	12.47	1.84	$4,772
Feb 1999	175	1,124	9.98	1.82	$3,790
Jan 1999	223	1,319	10.38	1.90	$4,821
Dec 1998	220	652	9.20	1.77	$3,180
Nov 1998	224	614	10.89	2.19	$3,781
Oct 1998	226	0	12.42	1.97	$2,807
Sep 1998	186	1,151	12.59	2.08	$4,739
Aug 1998	210	1,151	11.30	1.91	$4,568
Jul 1998	196	995	11.74	2.24	$4,527
Jun 1998	176	991	11.24	2.24	$4,195
May 1998	165	930	12.62	2.21	$4,134
Apr 1998	239	201	13.04	2.51	$3,620
Mar 1998	284	908	12.80	2.31	$5,732
Feb 1998	196	768	13.95	2.30	$4,500
Jan 1998	245	911	14.70	2.15	$5,565
Dec 1997	121	781	16.32	2.41	$3,858
Nov 1997	111	714	18.19	3.09	$4,224
Oct 1997	174	650	19.25	3.15	$5,397
Sep 1997	147	558	17.74	2.95	$4,257
Aug 1997	177	839	17.86	2.55	$5,305
Jul 1997	248	751	17.58	2.25	$6,047
Jun 1997	261	866	17.24	2.26	$6,454
May 1997	252	866	18.97	2.31	$6,780
Apr 1997	319	945	17.88	2.08	$7,672
Mar 1997	270	1,121	18.95	1.94	$7,290
Feb 1997	291	920	20.49	2.21	$7,992
Jan 1997	293	1,192	23.48	3.54	$11,099
Dec 1996	334	1,157	23.32	—	$7,789
Nov 1996	363	1,362	21.97	—	$7,975
Oct 1996	441	1,552	23.31	—	$10,280
Sep 1996	346	525	22.22	—	$7,688
Aug 1996	246	612	20.26	—	$4,984
Jul 1996	417	488	19.55	—	$8,152
Jun 1996	362	467	18.73	—	$6,780
May 1996	480	472	19.43	—	$9,326
Apr 1996	458	1,541	21.51	—	$9,852
Mar 1996	468	1,966	19.38	—	$9,070
Feb 1996	465	2,102	16.98	—	$7,896
Jan 1996	546	2,269	17.07	—	$9,320
Dec 1995	566	1,947	17.19	—	$9,730
Nov 1995	497	2,087	16.00	—	$7,952
Oct 1995	530	2,173	15.43	—	$8,178
Sep 1995	479	1,911	16.18	—	$7,750
Aug 1995	523	1,777	15.92	—	$8,326
Jul 1995	559	1,634	15.24	—	$8,519
Jun 1995	554	1,812	16.41	—	$9,091
May 1995	558	2,399	17.56	—	$9,798
Apr 1995	550	2,874	17.73	—	$9,752
Mar 1995	665	2,845	16.44	—	$10,933
Feb 1995	731	2,366	16.58	—	$12,120
Jan 1995	548	2,359	15.92	—	$8,724
Dec 1994	191	1,561	15.03	—	$2,871
Nov 1994	552	1,350	15.90	—	$8,777
Oct 1994	588	1,654	15.58	—	$9,161
Sep 1994	405	3,010	15.29	—	$6,192
Aug 1994	18	146	16.13	—	$290
Jul 1994	26	191	17.56	—	$457
Jun 1994	103	1,900	17.09	—	$1,760
May 1994	386	2,179	15.88	—	$6,130
Apr 1994	365	1,683	14.14	—	$5,161
Mar 1994	370	1,867	12.46	—	$4,610
Feb 1994	350	2,152	12.50	—	$4,375
Jan 1994	333	2,115	12.66	—	$4,216
Dec 1993	337	2,719	12.33	—	$4,155
Nov 1993	358	3,134	14.49	—	$5,187
Oct 1993	346	3,401	15.85	—	$5,484
Sep 1993	420	3,459	15.03	—	$6,313
Aug 1993	279	3,998	15.66	—	$4,369
Jul 1993	370	4,334	15.46	—	$5,720
Jun 1993	487	8,137	16.79	—	$8,177
May 1993	522	8,507	17.68	—	$9,229
Apr 1993	668	9,132	18.05	—	$12,057
Mar 1993	502	8,102	18.14	—	$9,106
Feb 1993	723	8,525	17.90	—	$12,942
Jan 1993	552	7,547	16.93	—	$9,345

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.

Jul 2006 — as filed, then multipliedworked

Oil                    0 bbl  × $ 69.37 =         $0
Casinghead gas       426 Mcf  × $  6.34 =     $2,702

────────────────────────────────────────────────────
Month total                                   $2,702

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/7510 is the state's own key, not one this site invented.