UNIVERSITY 9-9

Operated by HEC PETROLEUM, INC. (P-5 370620) 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 7627District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$457 k
Jan 1993 – Aug 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
no gaps in the span
Streams
2
oil, casinghead gas

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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.

StreamBasisVolumeValue
OilDisposition17,718 bbl$339,191
Casinghead gasProduction59,207 Mcf$117,576
Total$456,767

24,053 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 31.2809, -101.6060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.28090, -101.60601 · centre of the wells drawn, derived

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
7,816 ft
2 wells filed one
Completion to plug
24.8 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 7,806 and 7,826 ft, median 7,816 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1978
2 of 2 wells
Plug dates filed
Jan 2002 – Feb 2005
2 of 2 wells

Last completion to plug: a median of 24.8 years across the 2 wells that filed both dates, with the middle half between 24.0 years and 25.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3833128627,806 ftOct 1978Jan 2002Yes
42-3833128217,826 ftOct 1978Feb 2005Yes

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 (152)

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

152 months

Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004178032.036.30$5,701
Dec 200301830.266.30$113
Nov 2003026428.804.60$1,213
Oct 2003025628.174.76$1,218
Sep 200317827826.314.75$6,004
Aug 2003037029.765.13$1,898
Jul 2003021529.415.17$1,112
Jun 200316422928.565.98$6,054
May 2003033626.595.97$2,007
Apr 200317224226.675.41$5,896
Mar 2003050831.146.10$3,097
Feb 2003025133.487.93$1,989
Jan 200318026530.315.58$6,935
Dec 2002028126.914.85$1,364
Nov 200217924824.664.14$5,440
Oct 2002037526.464.23$1,586
Sep 2002035127.443.64$1,276
Aug 200217357825.963.16$6,320
Jul 2002049624.583.06$1,519
Jun 2002044123.733.34$1,472
May 200217846124.663.58$6,042
Apr 2002027823.653.51$976
Mar 200218126922.003.10$4,817
Feb 2002010618.222.38$252
Jan 2002024617.172.38$584
Dec 200118121416.932.36$3,570
Nov 2001024618.072.41$592
Oct 2001028219.782.53$713
Sep 200117944224.262.25$5,338
Aug 2001040824.873.05$1,246
Jul 2001052823.933.20$1,688
Jun 200117523024.563.82$5,178
May 2001041625.524.31$1,792
Apr 200118033424.685.34$6,224
Mar 2001033024.545.38$1,774
Feb 200118138927.755.77$7,266
Jan 2001053027.478.40$4,451
Dec 200017446126.889.12$8,883
Nov 200017739832.215.66$7,953
Oct 200017970531.235.15$9,218
Sep 200017635431.875.19$7,445
Aug 200017738729.644.54$7,004
Jul 2000058628.534.09$2,397
Jun 200018124629.304.40$6,385
May 200017959527.263.68$7,069
Apr 200018142924.513.12$5,773
Mar 200018128028.422.86$5,945
Feb 2000038127.622.73$1,039
Jan 200017936025.272.48$5,416
Dec 199915638024.282.42$4,709
Nov 199935754623.192.43$9,608
Oct 1999028120.982.80$788
Sep 199917842321.752.62$4,979
Aug 199917916219.262.88$3,913
Jul 1999050117.892.37$1,189
Jun 199917549915.942.36$3,968
May 199917752015.792.32$4,002
Apr 199917840115.102.21$3,573
Mar 199917840112.471.84$2,957
Feb 199903429.981.82$622
Jan 199918341210.381.90$2,682
Dec 19981805759.201.77$2,676
Nov 199818380910.892.19$3,761
Oct 199818260212.421.97$3,446
Sep 199817744912.592.08$3,164
Aug 199817749611.301.91$2,946
Jul 1998046811.742.24$1,047
Jun 199817839611.242.24$2,887
May 199817135412.622.21$2,939
Apr 199817756513.042.51$3,724
Mar 199817853212.802.31$3,507
Feb 199817649413.952.30$3,591
Jan 199817760114.702.15$3,897
Dec 199717656216.322.41$4,227
Nov 199717150318.193.09$4,664
Oct 199718047119.253.15$4,949
Sep 1997084917.742.95$2,509
Aug 199717462817.862.55$4,712
Jul 199717448417.582.25$4,146
Jun 199717442517.242.26$3,959
May 199718084918.972.31$5,375
Apr 199718063517.882.08$4,541
Mar 199714748118.951.94$3,718
Feb 199718255920.492.21$4,962
Jan 199717560623.483.54$6,254
Dec 199618053023.32$4,198
Nov 1996050321.97$0
Oct 199635441723.31$8,252
Sep 199617547922.22$3,889
Aug 1996045320.26$0
Jul 199616946419.55$3,304
Jun 199617639818.73$3,296
May 199617446619.43$3,381
Apr 199618031321.51$3,872
Mar 199617525519.38$3,392
Feb 199617744916.98$3,005
Jan 1996019817.07$0
Dec 199518050017.19$3,094
Nov 199517857616.00$2,848
Oct 199517860615.43$2,747
Sep 199517651716.18$2,848
Aug 199517265415.92$2,738
Jul 199517646115.24$2,682
Jun 199517139316.41$2,806
May 199517353717.56$3,038
Apr 199517752917.73$3,138
Mar 199517479216.44$2,861
Feb 199517259316.58$2,852
Jan 199517099215.92$2,706
Dec 199417168915.03$2,570
Nov 199418046615.90$2,862
Oct 199416638315.58$2,586
Sep 199417236215.29$2,630
Aug 199416244816.13$2,613
Jul 199417229817.56$3,020
Jun 1994043617.09$0
May 199416660015.88$2,636
Apr 199433558914.14$4,737
Mar 199417541112.46$2,181
Feb 199417949112.50$2,238
Jan 199417946512.66$2,266
Dec 1993039712.33$0
Nov 199316849114.49$2,434
Oct 199317456015.85$2,758
Sep 199317351315.03$2,600
Aug 199317045115.66$2,662
Jul 199317058515.46$2,628
Jun 199317247616.79$2,888
May 199317462717.68$3,076
Apr 199317844918.05$3,213
Mar 199317551518.14$3,175
Feb 199317761017.90$3,168
Jan 199318066616.93$3,047

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 2004 — as filed, then multipliedworked
Oil                  178 bbl  × $ 32.03 =     $5,701
Casinghead gas         0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                   $5,701

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/7627 is the state's own key, not one this site invented.