UNIVERSITY "10-11A"

Name: UNIVERSITY "10-11A" 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 7623District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$86 k

Jan 1993 – Jun 2000

Value, last 12 filed months

$13 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	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	3,941 bbl	$66,952
Casinghead gas	Production	22,268 Mcf	$19,256
Total			$86,207

14,258 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 (1)

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 31.2768, -101.5383. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27683, -101.53835 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,530 ft

1 wells filed one

Completion to plug

21.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 7,530 ft.

Completions filed

Sep 1978

1 of 1 wells

Plug dates filed

Apr 2000

1 of 1 wells

Last completion to plug: a median of 21.6 years across the 1 well that filed both dates, with the middle half between 21.6 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38331270	1	7,530 ft	Sep 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 (90)

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

90 months


Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	67	99	24.51	3.12	$1,951
Mar 2000	42	234	28.42	2.86	$1,863
Feb 2000	28	242	27.62	2.73	$1,433
Jan 2000	48	178	25.27	2.48	$1,654
Dec 1999	0	269	24.28	2.42	$652
Nov 1999	25	168	23.19	2.43	$989
Oct 1999	25	174	20.98	2.80	$1,012
Sep 1999	29	174	21.75	2.62	$1,086
Aug 1999	24	197	19.26	2.88	$1,029
Jul 1999	49	168	17.89	2.37	$1,275
Jun 1999	24	175	15.94	2.36	$796
May 1999	32	271	15.79	2.32	$1,134
Apr 1999	31	269	15.10	2.21	$1,062
Mar 1999	61	205	12.47	1.84	$1,138
Feb 1999	0	122	9.98	1.82	$222
Jan 1999	92	172	10.38	1.90	$1,282
Dec 1998	30	126	9.20	1.77	$499
Nov 1998	0	134	10.89	2.19	$293
Oct 1998	29	152	12.42	1.97	$660
Sep 1998	56	198	12.59	2.08	$1,117
Aug 1998	29	72	11.30	1.91	$465
Jul 1998	0	95	11.74	2.24	$213
Jun 1998	0	139	11.24	2.24	$311
May 1998	34	126	12.62	2.21	$707
Apr 1998	31	160	13.04	2.51	$805
Mar 1998	63	210	12.80	2.31	$1,291
Feb 1998	31	188	13.95	2.30	$865
Jan 1998	58	183	14.70	2.15	$1,247
Dec 1997	32	171	16.32	2.41	$935
Nov 1997	31	109	18.19	3.09	$901
Oct 1997	58	190	19.25	3.15	$1,715
Sep 1997	30	233	17.74	2.95	$1,221
Aug 1997	61	216	17.86	2.55	$1,641
Jul 1997	32	285	17.58	2.25	$1,203
Jun 1997	60	252	17.24	2.26	$1,603
May 1997	31	388	18.97	2.31	$1,484
Apr 1997	29	386	17.88	2.08	$1,322
Mar 1997	31	288	18.95	1.94	$1,146
Feb 1997	61	288	20.49	2.21	$1,885
Jan 1997	31	304	23.48	3.54	$1,804
Dec 1996	32	308	23.32	—	$746
Nov 1996	54	291	21.97	—	$1,186
Oct 1996	60	268	23.31	—	$1,399
Sep 1996	30	210	22.22	—	$667
Aug 1996	32	241	20.26	—	$648
Jul 1996	61	287	19.55	—	$1,193
Jun 1996	35	280	18.73	—	$656
May 1996	59	280	19.43	—	$1,146
Apr 1996	30	279	21.51	—	$645
Mar 1996	60	274	19.38	—	$1,163
Feb 1996	32	255	16.98	—	$543
Jan 1996	61	251	17.07	—	$1,041
Dec 1995	63	331	17.19	—	$1,083
Nov 1995	31	352	16.00	—	$496
Oct 1995	60	388	15.43	—	$926
Sep 1995	34	313	16.18	—	$550
Aug 1995	60	336	15.92	—	$955
Jul 1995	29	312	15.24	—	$442
Jun 1995	60	334	16.41	—	$985
May 1995	59	309	17.56	—	$1,036
Apr 1995	66	333	17.73	—	$1,170
Mar 1995	30	369	16.44	—	$493
Feb 1995	62	372	16.58	—	$1,028
Jan 1995	62	382	15.92	—	$987
Dec 1994	62	363	15.03	—	$932
Nov 1994	65	374	15.90	—	$1,034
Oct 1994	62	323	15.58	—	$966
Sep 1994	32	335	15.29	—	$489
Aug 1994	61	335	16.13	—	$984
Jul 1994	60	349	17.56	—	$1,054
Jun 1994	30	252	17.09	—	$513
May 1994	62	262	15.88	—	$985
Apr 1994	93	322	14.14	—	$1,315
Mar 1994	61	363	12.46	—	$760
Feb 1994	33	303	12.50	—	$413
Jan 1994	91	362	12.66	—	$1,152
Dec 1993	63	312	12.33	—	$777
Nov 1993	0	290	14.49	—	$0
Oct 1993	60	261	15.85	—	$951
Sep 1993	60	234	15.03	—	$902
Aug 1993	62	196	15.66	—	$971
Jul 1993	30	183	15.46	—	$464
Jun 1993	60	199	16.79	—	$1,007
May 1993	63	292	17.68	—	$1,114
Apr 1993	61	181	18.05	—	$1,101
Mar 1993	61	275	18.14	—	$1,107
Feb 1993	61	243	17.90	—	$1,092
Jan 1993	61	294	16.93	—	$1,033

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.

Apr 2000 — as filed, then multipliedworked

Oil                   67 bbl  × $ 24.51 =     $1,642
Casinghead gas        99 Mcf  × $  3.12 =       $308

────────────────────────────────────────────────────
Month total                                   $1,951

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/7623 is the state's own key, not one this site invented.