UNIVERSITY "10-10A"

Name: UNIVERSITY "10-10A" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONCHO RESOURCES INC. (P-5 170181) 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 7622District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$162 k

Jan 1993 – May 2000

Value, last 12 filed months

$19 k

at the published price for each month

Months reported

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	7,659 bbl	$128,394
Casinghead gas	Production	44,026 Mcf	$33,878
Total			$162,272

29,803 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 31.2802, -101.5301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.28024, -101.53009 · 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

7,490 ft

2 wells filed one

Completion to plug

21.7 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 7,470 and 7,510 ft, median 7,490 ft, over the 2 wells that filed a depth.

Completions filed

Aug 1978

2 of 2 wells

Plug dates filed

Apr 2000

2 of 2 wells

Last completion to plug: a median of 21.7 years across the 2 wells that filed both dates, with the middle half between 21.7 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38331256	2	7,510 ft	Aug 1978	Apr 2000	Yes
42-38331252	1	7,470 ft	Aug 1978	Apr 2000	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 (89)

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

89 months


May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	56	0	27.62	2.73	$1,547
Jan 2000	109	100	25.27	2.48	$3,002
Dec 1999	0	212	24.28	2.42	$514
Nov 1999	56	431	23.19	2.43	$2,348
Oct 1999	56	443	20.98	2.80	$2,417
Sep 1999	60	441	21.75	2.62	$2,460
Aug 1999	56	497	19.26	2.88	$2,508
Jul 1999	111	244	17.89	2.37	$2,565
Jun 1999	86	129	15.94	2.36	$1,676
May 1999	62	12	15.79	2.32	$1,007
Apr 1999	61	453	15.10	2.21	$1,921
Mar 1999	121	403	12.47	1.84	$2,250
Feb 1999	0	252	9.98	1.82	$458
Jan 1999	182	357	10.38	1.90	$2,567
Dec 1998	59	234	9.20	1.77	$958
Nov 1998	0	255	10.89	2.19	$557
Oct 1998	58	307	12.42	1.97	$1,325
Sep 1998	111	402	12.59	2.08	$2,235
Aug 1998	58	150	11.30	1.91	$942
Jul 1998	0	194	11.74	2.24	$434
Jun 1998	0	290	11.24	2.24	$649
May 1998	65	265	12.62	2.21	$1,405
Apr 1998	61	350	13.04	2.51	$1,672
Mar 1998	125	448	12.80	2.31	$2,635
Feb 1998	59	403	13.95	2.30	$1,750
Jan 1998	115	396	14.70	2.15	$2,544
Dec 1997	61	371	16.32	2.41	$1,890
Nov 1997	60	248	18.19	3.09	$1,857
Oct 1997	116	408	19.25	3.15	$3,518
Sep 1997	59	495	17.74	2.95	$2,509
Aug 1997	121	461	17.86	2.55	$3,339
Jul 1997	62	598	17.58	2.25	$2,434
Jun 1997	118	533	17.24	2.26	$3,237
May 1997	61	803	18.97	2.31	$3,011
Apr 1997	59	799	17.88	2.08	$2,719
Mar 1997	62	603	18.95	1.94	$2,344
Feb 1997	122	601	20.49	2.21	$3,826
Jan 1997	62	635	23.48	3.54	$3,703
Dec 1996	62	643	23.32	—	$1,446
Nov 1996	108	610	21.97	—	$2,373
Oct 1996	119	564	23.31	—	$2,774
Sep 1996	59	450	22.22	—	$1,311
Aug 1996	62	511	20.26	—	$1,256
Jul 1996	122	602	19.55	—	$2,385
Jun 1996	63	587	18.73	—	$1,180
May 1996	120	587	19.43	—	$2,332
Apr 1996	59	586	21.51	—	$1,269
Mar 1996	120	577	19.38	—	$2,326
Feb 1996	65	537	16.98	—	$1,104
Jan 1996	122	531	17.07	—	$2,083
Dec 1995	125	690	17.19	—	$2,149
Nov 1995	62	732	16.00	—	$992
Oct 1995	119	802	15.43	—	$1,836
Sep 1995	63	653	16.18	—	$1,019
Aug 1995	119	699	15.92	—	$1,894
Jul 1995	58	652	15.24	—	$884
Jun 1995	119	695	16.41	—	$1,953
May 1995	117	646	17.56	—	$2,055
Apr 1995	126	694	17.73	—	$2,234
Mar 1995	60	765	16.44	—	$986
Feb 1995	122	768	16.58	—	$2,023
Jan 1995	122	791	15.92	—	$1,942
Dec 1994	122	754	15.03	—	$1,834
Nov 1994	125	774	15.90	—	$1,988
Oct 1994	124	673	15.58	—	$1,932
Sep 1994	64	698	15.29	—	$979
Aug 1994	122	698	16.13	—	$1,968
Jul 1994	120	726	17.56	—	$2,107
Jun 1994	60	514	17.09	—	$1,025
May 1994	122	535	15.88	—	$1,937
Apr 1994	182	665	14.14	—	$2,573
Mar 1994	122	752	12.46	—	$1,520
Feb 1994	63	632	12.50	—	$788
Jan 1994	181	752	12.66	—	$2,291
Dec 1993	123	651	12.33	—	$1,517
Nov 1993	0	608	14.49	—	$0
Oct 1993	119	550	15.85	—	$1,886
Sep 1993	120	496	15.03	—	$1,804
Aug 1993	122	421	15.66	—	$1,911
Jul 1993	59	395	15.46	—	$912
Jun 1993	120	427	16.79	—	$2,015
May 1993	123	613	17.68	—	$2,175
Apr 1993	121	391	18.05	—	$2,184
Mar 1993	120	579	18.14	—	$2,177
Feb 1993	122	512	17.90	—	$2,184
Jan 1993	120	615	16.93	—	$2,032

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.

Feb 2000 — as filed, then multipliedworked

Oil                   56 bbl  × $ 27.62 =     $1,547
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                   $1,547

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/7622 is the state's own key, not one this site invented.