UNIVERSITY 4

Name: UNIVERSITY 4 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 7512District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$2.6 M

Jan 1993 – Sep 2015

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

273

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	4	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	66,326 bbl	$2,059,631
Casinghead gas	Production	171,781 Mcf	$578,655
Total			$2,638,286

52,532 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 (4)

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 31.2959, -101.6100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.29579, -101.61006 · 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%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

7,775 ft

4 wells filed one

Completion to plug

30.3 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

4100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

4100.0%

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 7,775 and 7,775 ft, median 7,775 ft, over the 4 wells that filed a depth.

Completions filed

Jul 1978 – Aug 1978

4 of 4 wells

Plug dates filed

Sep 2008 – Jun 2015

4 of 4 wells

Last completion to plug: a median of 30.3 years across the 4 wells that filed both dates, with the middle half between 30.2 years and 32.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-38331230	4	7,775 ft	Aug 1978	Oct 2008	Yes
42-38331232	3	7,775 ft	Jul 1978	Sep 2008	Yes
42-38331229	2	7,775 ft	Jul 1978	Nov 2008	Yes
42-38331231	1	7,775 ft	Jul 1978	Jun 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 (273)

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

273 months


Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	80	0	48.15	2.95	$3,852
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	5	54.69	3.59	$18
Nov 2014	0	52	70.46	4.25	$221
Oct 2014	147	90	78.30	3.90	$11,861
Sep 2014	0	144	86.16	4.05	$583
Aug 2014	187	254	89.39	4.04	$17,741
Jul 2014	0	169	96.56	4.18	$706
Jun 2014	0	162	98.16	4.74	$767
May 2014	0	154	94.73	4.73	$728
Apr 2014	0	151	95.94	4.81	$726
Mar 2014	181	124	95.89	5.06	$17,983
Feb 2014	0	108	97.40	6.19	$669
Jan 2014	0	116	90.40	4.86	$564
Dec 2013	0	75	91.82	4.35	$327
Nov 2013	0	100	88.85	3.74	$374
Oct 2013	237	130	97.42	3.78	$23,580
Sep 2013	0	150	104.11	3.72	$558
Aug 2013	0	113	104.25	3.52	$398
Jul 2013	182	169	102.52	3.72	$19,287
Jun 2013	0	154	94.40	3.93	$606
May 2013	0	161	94.83	4.15	$668
Apr 2013	184	153	93.96	4.28	$17,944
Mar 2013	0	163	93.62	3.91	$638
Feb 2013	184	141	91.23	3.42	$17,269
Jan 2013	0	142	91.60	3.42	$486
Dec 2012	0	123	86.77	3.42	$421
Nov 2012	185	132	86.95	3.62	$16,564
Oct 2012	0	143	89.38	3.40	$486
Sep 2012	0	144	94.67	2.92	$420
Aug 2012	176	137	92.66	2.91	$16,707
Jul 2012	0	139	85.13	3.02	$420
Jun 2012	0	160	79.82	2.52	$403
May 2012	0	139	91.61	2.49	$346
Apr 2012	178	109	101.65	2.00	$18,311
Mar 2012	0	160	105.05	2.22	$356
Feb 2012	0	151	101.10	2.57	$388
Jan 2012	0	140	98.09	2.73	$383
Dec 2011	188	80	96.87	3.24	$18,471
Nov 2011	0	154	95.72	3.31	$510
Oct 2011	0	163	84.98	3.65	$595
Sep 2011	0	162	83.62	3.99	$646
Aug 2011	177	178	83.40	4.15	$15,500
Jul 2011	0	183	94.14	4.52	$827
Jun 2011	0	177	92.90	4.64	$821
May 2011	176	182	98.13	4.40	$18,073
Apr 2011	0	173	105.96	4.33	$750
Mar 2011	180	181	96.36	4.06	$18,079
Feb 2011	0	146	85.64	4.18	$610
Jan 2011	0	165	86.50	4.59	$757
Dec 2010	182	173	85.73	4.35	$16,355
Nov 2010	0	167	80.84	3.80	$634
Oct 2010	0	174	78.10	3.51	$611
Sep 2010	174	181	72.63	3.98	$13,358
Aug 2010	0	182	73.68	4.42	$804
Jul 2010	181	185	72.55	4.74	$14,008
Jun 2010	0	168	70.36	4.91	$825
May 2010	0	162	71.12	4.24	$686
Apr 2010	184	180	81.69	4.12	$15,773
Mar 2010	0	182	78.39	4.39	$799
Feb 2010	0	158	73.58	5.44	$860
Jan 2010	0	166	74.36	5.96	$990
Dec 2009	182	160	71.44	5.48	$13,879
Nov 2009	1	175	74.59	3.75	$731
Oct 2009	177	186	72.54	4.11	$13,604
Sep 2009	0	193	65.54	3.06	$592
Aug 2009	1	181	67.42	3.22	$650
Jul 2009	191	187	61.13	3.46	$12,324
Jun 2009	3	190	66.16	3.90	$939
May 2009	187	199	54.74	3.93	$11,018
Apr 2009	0	193	46.77	3.59	$692
Mar 2009	0	192	42.14	4.06	$779
Feb 2009	177	140	32.81	4.63	$6,456
Jan 2009	0	137	35.86	5.37	$736
Dec 2008	0	162	37.10	5.98	$968
Nov 2008	190	182	55.49	6.86	$11,792
Oct 2008	0	107	75.24	6.92	$741
Sep 2008	0	75	101.76	7.88	$591
Aug 2008	177	62	114.22	8.48	$20,743
Jul 2008	0	84	131.08	11.39	$957
Jun 2008	0	66	131.33	13.03	$860
May 2008	178	83	123.17	11.57	$22,885
Apr 2008	0	129	110.31	10.45	$1,349
Mar 2008	352	368	101.90	9.66	$39,425
Feb 2008	0	334	92.53	8.77	$2,929
Jan 2008	180	237	90.38	8.21	$18,213
Dec 2007	0	251	88.33	7.30	$1,833
Nov 2007	170	623	91.67	7.29	$20,127
Oct 2007	176	922	82.85	6.92	$20,964
Sep 2007	179	865	75.84	6.24	$18,977
Aug 2007	0	478	69.06	6.39	$3,053
Jul 2007	0	350	70.90	6.39	$2,236
Jun 2007	0	352	62.00	7.55	$2,657
May 2007	357	511	58.74	7.85	$24,980
Apr 2007	179	585	59.61	7.81	$15,236
Mar 2007	0	702	56.92	7.30	$5,126
Feb 2007	364	721	55.10	8.22	$25,980
Jan 2007	182	640	50.30	6.73	$13,460
Dec 2006	181	745	56.65	6.92	$15,408
Nov 2006	532	752	54.20	7.62	$34,563
Oct 2006	179	846	54.90	6.01	$14,915
Sep 2006	354	872	60.08	5.04	$25,661
Aug 2006	179	730	68.71	7.34	$17,657
Jul 2006	175	1,037	69.37	6.34	$18,717
Jun 2006	178	1,185	66.28	6.38	$19,363
May 2006	352	1,020	66.01	6.42	$29,789
Apr 2006	179	965	64.39	7.36	$18,629
Mar 2006	360	704	56.70	7.08	$25,398
Feb 2006	355	894	57.59	7.75	$27,374
Jan 2006	293	987	60.59	8.93	$26,570
Dec 2005	534	819	54.94	13.42	$40,325
Nov 2005	0	817	54.69	10.59	$8,651
Oct 2005	572	910	58.34	13.80	$45,925
Sep 2005	0	795	61.45	12.08	$9,603
Aug 2005	360	936	61.51	9.80	$31,313
Jul 2005	360	960	55.69	7.84	$27,578
Jun 2005	180	850	52.33	7.38	$15,693
May 2005	361	617	45.22	6.65	$20,428
Apr 2005	365	970	49.20	7.36	$25,098
Mar 2005	364	708	50.37	7.15	$23,400
Feb 2005	180	791	45.22	6.31	$13,132
Jan 2005	363	864	43.16	6.32	$21,129
Dec 2004	548	892	39.86	6.75	$27,865
Nov 2004	370	472	45.28	6.33	$19,742
Oct 2004	0	780	49.70	6.52	$5,082
Sep 2004	359	745	43.24	5.28	$19,460
Aug 2004	181	759	42.37	5.55	$11,882
Jul 2004	354	869	38.28	6.08	$18,838
Jun 2004	352	870	36.10	6.43	$18,304
May 2004	365	866	37.48	6.49	$19,305
Apr 2004	176	837	34.47	5.86	$10,970
Mar 2004	360	786	34.36	5.53	$16,716
Feb 2004	360	647	32.45	5.51	$15,247
Jan 2004	371	999	32.03	6.30	$18,176
Dec 2003	544	830	30.26	6.30	$21,692
Nov 2003	184	838	28.80	4.60	$9,150
Oct 2003	182	872	28.17	4.76	$9,277
Sep 2003	366	718	26.31	4.75	$13,040
Aug 2003	182	762	29.76	5.13	$9,325
Jul 2003	359	831	29.41	5.17	$14,855
Jun 2003	361	1,125	28.56	5.98	$17,041
May 2003	184	881	26.59	5.97	$10,154
Apr 2003	365	899	26.67	5.41	$14,596
Mar 2003	367	394	31.14	6.10	$13,830
Feb 2003	374	803	33.48	7.93	$18,886
Jan 2003	187	808	30.31	5.58	$10,178
Dec 2002	363	720	26.91	4.85	$13,263
Nov 2002	735	851	24.66	4.14	$21,646
Oct 2002	0	946	26.46	4.23	$4,001
Sep 2002	359	815	27.44	3.64	$12,814
Aug 2002	557	916	25.96	3.16	$17,358
Jul 2002	0	785	24.58	3.06	$2,403
Jun 2002	361	730	23.73	3.34	$11,003
May 2002	363	837	24.66	3.58	$11,951
Apr 2002	359	825	23.65	3.51	$11,388
Mar 2002	364	920	22.00	3.10	$10,863
Feb 2002	182	740	18.22	2.38	$5,074
Jan 2002	551	690	17.17	2.38	$11,100
Dec 2001	354	710	16.93	2.36	$7,672
Nov 2001	555	835	18.07	2.41	$12,037
Oct 2001	0	816	19.78	2.53	$2,064
Sep 2001	355	857	24.26	2.25	$10,542
Aug 2001	363	970	24.87	3.05	$11,989
Jul 2001	357	937	23.93	3.20	$11,539
Jun 2001	364	1,062	24.56	3.82	$13,001
May 2001	186	1,076	25.52	4.31	$9,381
Apr 2001	540	1,000	24.68	5.34	$18,663
Mar 2001	184	920	24.54	5.38	$9,462
Feb 2001	362	639	27.75	5.77	$13,731
Jan 2001	368	813	27.47	8.40	$16,937
Dec 2000	362	794	26.88	9.12	$16,974
Nov 2000	366	647	32.21	5.66	$15,450
Oct 2000	546	711	31.23	5.15	$20,710
Sep 2000	0	670	31.87	5.19	$3,475
Aug 2000	355	1,077	29.64	4.54	$15,413
Jul 2000	361	885	28.53	4.09	$13,919
Jun 2000	356	1,074	29.30	4.40	$15,153
May 2000	523	1,064	27.26	3.68	$18,172
Apr 2000	180	809	24.51	3.12	$6,933
Mar 2000	362	848	28.42	2.86	$12,713
Feb 2000	359	810	27.62	2.73	$12,124
Jan 2000	360	727	25.27	2.48	$10,901
Dec 1999	367	867	24.28	2.42	$11,012
Nov 1999	552	774	23.19	2.43	$14,685
Oct 1999	183	908	20.98	2.80	$6,385
Sep 1999	365	980	21.75	2.62	$10,505
Aug 1999	360	1,060	19.26	2.88	$9,982
Jul 1999	359	1,049	17.89	2.37	$8,911
Jun 1999	360	903	15.94	2.36	$7,871
May 1999	357	1,073	15.79	2.32	$8,127
Apr 1999	531	580	15.10	2.21	$9,299
Mar 1999	181	580	12.47	1.84	$3,323
Feb 1999	361	659	9.98	1.82	$4,801
Jan 1999	366	831	10.38	1.90	$5,378
Dec 1998	377	675	9.20	1.77	$4,665
Nov 1998	367	1,037	10.89	2.19	$6,263
Oct 1998	365	762	12.42	1.97	$6,034
Sep 1998	539	780	12.59	2.08	$8,410
Aug 1998	184	836	11.30	1.91	$3,674
Jul 1998	360	910	11.74	2.24	$6,262
Jun 1998	360	670	11.24	2.24	$5,545
May 1998	552	733	12.62	2.21	$8,583
Apr 1998	181	720	13.04	2.51	$4,164
Mar 1998	364	766	12.80	2.31	$6,428
Feb 1998	368	585	13.95	2.30	$6,479
Jan 1998	736	701	14.70	2.15	$12,330
Dec 1997	193	641	16.32	2.41	$4,695
Nov 1997	537	858	18.19	3.09	$12,418
Oct 1997	180	888	19.25	3.15	$6,262
Sep 1997	372	717	17.74	2.95	$8,718
Aug 1997	362	613	17.86	2.55	$8,031
Jul 1997	367	380	17.58	2.25	$7,306
Jun 1997	366	685	17.24	2.26	$7,856
May 1997	539	592	18.97	2.31	$11,591
Apr 1997	187	841	17.88	2.08	$5,095
Mar 1997	370	1,035	18.95	1.94	$9,019
Feb 1997	368	993	20.49	2.21	$9,731
Jan 1997	552	1,083	23.48	3.54	$16,794
Dec 1996	555	892	23.32	—	$12,943
Nov 1996	184	879	21.97	—	$4,042
Oct 1996	533	1,067	23.31	—	$12,424
Sep 1996	369	827	22.22	—	$8,199
Aug 1996	179	1,011	20.26	—	$3,627
Jul 1996	536	1,095	19.55	—	$10,479
Jun 1996	359	843	18.73	—	$6,724
May 1996	361	754	19.43	—	$7,014
Apr 1996	360	797	21.51	—	$7,744
Mar 1996	359	987	19.38	—	$6,957
Feb 1996	535	968	16.98	—	$9,084
Jan 1996	365	1,074	17.07	—	$6,231
Dec 1995	548	1,094	17.19	—	$9,420
Nov 1995	361	1,067	16.00	—	$5,776
Oct 1995	348	1,123	15.43	—	$5,370
Sep 1995	365	1,179	16.18	—	$5,906
Aug 1995	542	1,219	15.92	—	$8,629
Jul 1995	538	1,301	15.24	—	$8,199
Jun 1995	354	988	16.41	—	$5,809
May 1995	371	1,210	17.56	—	$6,515
Apr 1995	377	1,231	17.73	—	$6,684
Mar 1995	371	1,202	16.44	—	$6,099
Feb 1995	184	932	16.58	—	$3,051
Jan 1995	339	1,089	15.92	—	$5,397
Dec 1994	356	1,082	15.03	—	$5,351
Nov 1994	360	1,069	15.90	—	$5,724
Oct 1994	533	1,123	15.58	—	$8,304
Sep 1994	338	1,106	15.29	—	$5,168
Aug 1994	353	1,323	16.13	—	$5,694
Jul 1994	361	1,310	17.56	—	$6,339
Jun 1994	363	1,253	17.09	—	$6,204
May 1994	543	1,175	15.88	—	$8,623
Apr 1994	914	1,258	14.14	—	$12,924
Mar 1994	368	1,204	12.46	—	$4,585
Feb 1994	373	1,114	12.50	—	$4,663
Jan 1994	0	760	12.66	—	$0
Dec 1993	177	855	12.33	—	$2,182
Nov 1993	369	1,047	14.49	—	$5,347
Oct 1993	361	1,200	15.85	—	$5,722
Sep 1993	544	1,416	15.03	—	$8,176
Aug 1993	354	1,453	15.66	—	$5,544
Jul 1993	354	1,451	15.46	—	$5,473
Jun 1993	534	1,372	16.79	—	$8,966
May 1993	360	1,284	17.68	—	$6,365
Apr 1993	543	623	18.05	—	$9,801
Mar 1993	370	1,128	18.14	—	$6,712
Feb 1993	372	975	17.90	—	$6,659
Jan 1993	560	1,122	16.93	—	$9,481

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 2015 — as filed, then multipliedworked

Oil                   80 bbl  × $ 48.15 =     $3,852
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $3,852

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/7512 is the state's own key, not one this site invented.