UNIVERSITY "38C"

Operated by REATTA ENERGY, INC. (P-5 696090) in the BLOCK 38 (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7896District 7CField 09400600OilCasinghead gasSaveExport
Value, all time
$254 k
Jan 1993 – Jun 2003
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
126
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1979-05-25
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition12,081 bbl$242,458
Casinghead gasProduction11,440 Mcf$11,740
Total$254,198

6,384 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 31.0415, -101.0633. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.04148, -101.06331 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,812 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 9,812 ft.

Completions filed
Nov 2002
1 of 1 wells

1 well

42-1053191818019,812 ftNov 2002Yes

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 (126)

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

126 months

Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003170030.315.58$5,153
Dec 2002789026.914.85$21,232
Nov 20021,510024.664.14$37,237
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002126025.963.16$3,271
Jul 2002172024.583.06$4,228
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002153023.653.51$3,618
Mar 20020022.003.10$0
Feb 2002161018.222.38$2,933
Jan 20020017.172.38$0
Dec 2001180016.932.36$3,047
Nov 20010018.072.41$0
Oct 2001161019.782.53$3,185
Sep 20010024.262.25$0
Aug 2001175024.873.05$4,352
Jul 20010023.933.20$0
Jun 2001135024.563.82$3,316
May 2001168025.524.31$4,287
Apr 20010024.685.34$0
Mar 2001156024.545.38$3,828
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000184026.889.12$4,946
Nov 20000032.215.66$0
Oct 200045031.235.15$1,405
Sep 2000178031.875.19$5,673
Aug 20000029.644.54$0
Jul 2000181028.534.09$5,164
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000180024.513.12$4,412
Mar 20000028.422.86$0
Feb 2000179027.622.73$4,944
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999169023.192.43$3,919
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999015819.262.88$454
Jul 199917015817.892.37$3,416
Jun 1999015815.942.36$373
May 199917715815.792.32$3,162
Apr 1999015815.102.21$349
Mar 199917715812.471.84$2,498
Feb 19991681589.981.82$1,964
Jan 199916815810.381.90$2,044
Dec 199801589.201.77$280
Nov 1998015810.892.19$345
Oct 199817515812.421.97$2,485
Sep 1998015812.592.08$329
Aug 1998015811.301.91$301
Jul 199817315811.742.24$2,385
Jun 199817215811.242.24$2,287
May 1998015812.622.21$349
Apr 1998015813.042.51$396
Mar 199816315812.802.31$2,451
Feb 1998015813.952.30$363
Jan 199816215814.702.15$2,722
Dec 1997015816.322.41$381
Nov 199717115818.193.09$3,598
Oct 1997015819.253.15$498
Sep 199717315817.742.95$3,536
Aug 1997015817.862.55$404
Jul 199717015817.582.25$3,344
Jun 1997015817.242.26$357
May 199716915818.972.31$3,571
Apr 199717115817.882.08$3,387
Mar 1997015818.951.94$306
Feb 1997015820.492.21$349
Jan 199716815823.483.54$4,504
Dec 1996015823.32$0
Nov 199617115821.97$3,757
Oct 1996015823.31$0
Sep 199616615822.22$3,689
Aug 199617415820.26$3,525
Jul 1996015819.55$0
Jun 199616915818.73$3,165
May 199617215819.43$3,342
Apr 1996015821.51$0
Mar 199616915819.38$3,275
Feb 1996015816.98$0
Jan 199617415817.07$2,970
Dec 1995015817.19$0
Nov 199516815816.00$2,688
Oct 1995015815.43$0
Sep 199515215816.18$2,459
Aug 1995015815.92$0
Jul 199516915815.24$2,576
Jun 1995015816.41$0
May 199516215817.56$2,845
Apr 1995015817.73$0
Mar 199516715816.44$2,745
Feb 1995015816.58$0
Jan 199516615815.92$2,643
Dec 1994015815.03$0
Nov 199416415815.90$2,608
Oct 1994015815.58$0
Sep 199416115815.29$2,462
Aug 1994015816.13$0
Jul 199414715817.56$2,581
Jun 199415315817.09$2,615
May 1994015815.88$0
Apr 199415615814.14$2,206
Mar 199417015812.46$2,118
Feb 1994015812.50$0
Jan 199417015812.66$2,152
Dec 1993015812.33$0
Nov 199317415814.49$2,521
Oct 1993015815.85$0
Sep 1993015815.03$0
Aug 1993169815.66$2,647
Jul 1993182815.46$2,814
Jun 19930816.79$0
May 19930817.68$0
Apr 1993178818.05$3,213
Mar 1993179818.14$3,247
Feb 19930817.90$0
Jan 19930816.93$0

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 2003 — as filed, then multipliedworked
Oil                  170 bbl  × $ 30.31 =     $5,153
Casinghead gas         0 Mcf  × $  5.58 =         $0

────────────────────────────────────────────────────
Month total                                   $5,153

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/7896 is the state's own key, not one this site invented.