UNIVERSITY "10-11D"

Name: UNIVERSITY "10-11D" 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 7698District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$90 k

Jan 1993 – Jun 2000

Value, last 12 filed months

$16 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	4,042 bbl	$69,341
Casinghead gas	Production	22,747 Mcf	$20,509
Total			$89,849

14,252 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 31.2842, -101.5468. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28416, -101.54684 · 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

7,550 ft

1 wells filed one

Completion to plug

21.5 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 7,550 ft.

Completions filed

Oct 1978

1 of 1 wells

Plug dates filed

Apr 2000

1 of 1 wells

Last completion to plug: a median of 21.5 years across the 1 well that filed both dates, with the middle half between 21.5 years and 21.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38331267	1	7,550 ft	Oct 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	85	115	24.51	3.12	$2,442
Mar 2000	49	263	28.42	2.86	$2,145
Feb 2000	35	242	27.62	2.73	$1,627
Jan 2000	68	178	25.27	2.48	$2,160
Dec 1999	0	269	24.28	2.42	$652
Nov 1999	35	232	23.19	2.43	$1,376
Oct 1999	35	239	20.98	2.80	$1,404
Sep 1999	39	236	21.75	2.62	$1,466
Aug 1999	35	263	19.26	2.88	$1,430
Jul 1999	70	214	17.89	2.37	$1,760
Jun 1999	24	202	15.94	2.36	$860
May 1999	24	376	15.79	2.32	$1,252
Apr 1999	32	269	15.10	2.21	$1,077
Mar 1999	61	205	12.47	1.84	$1,138
Feb 1999	0	122	9.98	1.82	$222
Jan 1999	90	172	10.38	1.90	$1,261
Dec 1998	30	126	9.20	1.77	$499
Nov 1998	0	134	10.89	2.19	$293
Oct 1998	29	151	12.42	1.97	$658
Sep 1998	56	199	12.59	2.08	$1,119
Aug 1998	31	71	11.30	1.91	$486
Jul 1998	0	96	11.74	2.24	$215
Jun 1998	0	140	11.24	2.24	$313
May 1998	33	128	12.62	2.21	$699
Apr 1998	30	161	13.04	2.51	$795
Mar 1998	61	209	12.80	2.31	$1,263
Feb 1998	29	188	13.95	2.30	$837
Jan 1998	56	185	14.70	2.15	$1,222
Dec 1997	30	169	16.32	2.41	$897
Nov 1997	29	110	18.19	3.09	$867
Oct 1997	60	189	19.25	3.15	$1,750
Sep 1997	29	235	17.74	2.95	$1,209
Aug 1997	61	217	17.86	2.55	$1,644
Jul 1997	31	286	17.58	2.25	$1,188
Jun 1997	61	252	17.24	2.26	$1,620
May 1997	31	388	18.97	2.31	$1,484
Apr 1997	31	387	17.88	2.08	$1,360
Mar 1997	32	287	18.95	1.94	$1,163
Feb 1997	63	286	20.49	2.21	$1,922
Jan 1997	31	304	23.48	3.54	$1,804
Dec 1996	31	306	23.32	—	$723
Nov 1996	54	291	21.97	—	$1,186
Oct 1996	60	267	23.31	—	$1,399
Sep 1996	30	211	22.22	—	$667
Aug 1996	32	241	20.26	—	$648
Jul 1996	63	286	19.55	—	$1,232
Jun 1996	34	278	18.73	—	$637
May 1996	60	279	19.43	—	$1,166
Apr 1996	29	278	21.51	—	$624
Mar 1996	60	276	19.38	—	$1,163
Feb 1996	31	254	16.98	—	$526
Jan 1996	62	252	17.07	—	$1,058
Dec 1995	66	333	17.19	—	$1,135
Nov 1995	31	353	16.00	—	$496
Oct 1995	60	388	15.43	—	$926
Sep 1995	35	311	16.18	—	$566
Aug 1995	60	335	15.92	—	$955
Jul 1995	31	313	15.24	—	$472
Jun 1995	59	332	16.41	—	$968
May 1995	59	310	17.56	—	$1,036
Apr 1995	67	335	17.73	—	$1,188
Mar 1995	31	370	16.44	—	$510
Feb 1995	60	371	16.58	—	$995
Jan 1995	60	382	15.92	—	$955
Dec 1994	60	364	15.03	—	$902
Nov 1994	63	372	15.90	—	$1,002
Oct 1994	60	321	15.58	—	$935
Sep 1994	34	335	15.29	—	$520
Aug 1994	59	336	16.13	—	$952
Jul 1994	61	350	17.56	—	$1,071
Jun 1994	32	250	17.09	—	$547
May 1994	61	263	15.88	—	$969
Apr 1994	90	325	14.14	—	$1,273
Mar 1994	61	362	12.46	—	$760
Feb 1994	36	303	12.50	—	$450
Jan 1994	92	363	12.66	—	$1,165
Dec 1993	66	310	12.33	—	$814
Nov 1993	0	289	14.49	—	$0
Oct 1993	58	260	15.85	—	$919
Sep 1993	62	234	15.03	—	$932
Aug 1993	63	195	15.66	—	$987
Jul 1993	30	183	15.46	—	$464
Jun 1993	61	198	16.79	—	$1,024
May 1993	61	293	17.68	—	$1,078
Apr 1993	62	182	18.05	—	$1,119
Mar 1993	59	277	18.14	—	$1,070
Feb 1993	60	243	17.90	—	$1,074
Jan 1993	60	292	16.93	—	$1,016

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                   85 bbl  × $ 24.51 =     $2,083
Casinghead gas       115 Mcf  × $  3.12 =       $358

────────────────────────────────────────────────────
Month total                                   $2,442

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/7698 is the state's own key, not one this site invented.