UNIVERSITY "10-9"

Operated by CHEVRON MIDCONTINENT, L.P. (P-5 147862) 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 7934District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Jul 2014
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
259
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
NGPA3none

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
OilDisposition35,712 bbl$1,106,016
Casinghead gasProduction71,015 Mcf$207,137
Total$1,313,153

25,760 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 (4)

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 31.2812, -101.6272. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.28115, -101.62720 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
7,850 ft
4 wells filed one
Completion to plug
31.0 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 7,850 and 7,900 ft, median 7,850 ft, over the 4 wells that filed a depth.

Completions filed
Jul 1979 – Sep 1979
4 of 4 wells
Plug dates filed
Apr 1996 – Feb 2014
4 of 4 wells

Last completion to plug: a median of 31.0 years across the 4 wells that filed both dates, with the middle half between 26.5 years and 32.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3833135837,850 ftSep 1979Nov 2011Yes
42-3833135947,850 ftAug 1979Feb 2014Yes
42-3833135727,850 ftAug 1979May 2009Yes
42-3833135617,900 ftJul 1979Apr 1996Yes

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 (259)

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

259 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013118097.423.78$11,496
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201304394.403.93$169
May 2013010494.834.15$432
Apr 20131858993.964.28$17,764
Mar 2013010793.623.91$419
Feb 201308791.233.42$298
Jan 201309591.603.42$325
Dec 20121869086.773.42$16,447
Nov 201209086.953.62$326
Oct 2012011689.383.40$394
Sep 2012010194.672.92$295
Aug 20121818492.662.91$17,016
Jul 2012011685.133.02$350
Jun 2012011279.822.52$282
May 201218810091.612.49$17,472
Apr 20120106101.652.00$212
Mar 2012096105.052.22$213
Feb 2012088101.102.57$226
Jan 20121858198.092.73$18,368
Dec 201108896.873.24$285
Nov 201109595.723.31$315
Oct 2011010184.983.65$369
Sep 2011011583.623.99$458
Aug 201117610583.404.15$15,114
Jul 201109794.144.52$438
Jun 201108792.904.64$404
May 201104298.134.40$185
Apr 201116122105.964.33$17,155
Mar 201102096.364.06$81
Feb 201103185.644.18$130
Jan 20111815086.504.59$15,886
Dec 201004985.734.35$213
Nov 201003380.843.80$125
Oct 201005778.103.51$200
Sep 20101836072.633.98$13,530
Aug 201005773.684.42$252
Jul 201004772.554.74$223
Jun 201005470.364.91$265
May 20101794071.124.24$12,900
Apr 201005681.694.12$231
Mar 201005478.394.39$237
Feb 201004873.585.44$261
Jan 20101815074.365.96$13,757
Dec 200904471.445.48$241
Nov 200908574.593.75$319
Oct 200917711172.544.11$13,296
Sep 20091769765.543.06$11,832
Aug 2009010567.423.22$338
Jul 2009014761.133.46$509
Jun 200907766.163.90$300
May 20091807554.743.93$10,148
Apr 200907846.773.59$280
Mar 20090642.144.06$24
Feb 20090532.814.63$23
Jan 20090235.865.37$11
Dec 20081891637.105.98$7,108
Nov 200806555.496.86$446
Oct 200806975.246.92$478
Sep 2008065101.767.88$512
Aug 2008072114.228.48$611
Jul 2008047131.0811.39$535
Jun 200818053131.3313.03$24,330
May 20080134123.1711.57$1,551
Apr 2008180172110.3110.45$21,654
Mar 20080162101.909.66$1,566
Feb 200817212492.538.77$17,003
Jan 200807390.388.21$599
Dec 2007014088.337.30$1,022
Nov 200716911691.677.29$16,338
Oct 200704682.856.92$318
Sep 200703275.846.24$200
Aug 20071799969.066.39$12,994
Jul 200705670.906.39$358
Jun 200708162.007.55$611
May 20071785358.747.85$10,872
Apr 2007018359.617.81$1,428
Mar 200718016856.927.30$11,472
Feb 2007017355.108.22$1,421
Jan 200718234450.306.73$11,469
Dec 2006034856.656.92$2,408
Nov 200618020654.207.62$11,325
Oct 2006021854.906.01$1,311
Sep 200618240560.085.04$12,975
Aug 200617810668.717.34$13,008
Jul 2006034769.376.34$2,201
Jun 200617848166.286.38$14,868
May 200617825166.016.42$13,362
Apr 200617825564.397.36$13,338
Mar 200617824656.707.08$11,835
Feb 200617940657.597.75$13,456
Jan 200618338660.598.93$14,536
Dec 200518224754.9413.42$13,313
Nov 2005029754.6910.59$3,145
Oct 200536335958.3413.80$26,130
Sep 2005027861.4512.08$3,358
Aug 200518039161.519.80$14,902
Jul 2005028855.697.84$2,259
Jun 200517418152.337.38$10,441
May 2005021445.226.65$1,423
Apr 200517443649.207.36$11,770
Mar 200518328150.377.15$11,228
Feb 2005032345.226.31$2,039
Jan 200518151043.166.32$11,036
Dec 200418538939.866.75$10,000
Nov 200418130245.286.33$10,107
Oct 2004030749.706.52$2,000
Sep 200418325643.245.28$9,266
Aug 200418119342.375.55$8,740
Jul 200417718938.286.08$7,925
Jun 200417621436.106.43$7,730
May 200418321737.486.49$8,268
Apr 2004016134.475.86$943
Mar 200418420134.365.53$7,434
Feb 200417924032.455.51$7,131
Jan 2004030532.036.30$1,921
Dec 200336635330.266.30$13,300
Nov 2003021228.804.60$974
Oct 200318420228.174.76$6,145
Sep 200317819026.314.75$5,586
Aug 2003018329.765.13$939
Jul 200318420129.415.17$6,451
Jun 200318015628.565.98$6,074
May 200317928126.595.97$6,438
Apr 2003021726.675.41$1,173
Mar 200318333831.146.10$7,759
Feb 200337052633.487.93$16,557
Jan 2003028630.315.58$1,596
Dec 200218618026.914.85$5,879
Nov 200218117424.664.14$5,183
Oct 2002027726.464.23$1,171
Sep 200218521327.443.64$5,851
Aug 200218134625.963.16$5,794
Jul 200217829624.583.06$5,282
Jun 2002028023.733.34$935
May 200217930624.663.58$5,511
Apr 200218326423.653.51$5,255
Mar 200218223822.003.10$4,742
Feb 200218221418.222.38$3,824
Jan 2002019417.172.38$461
Dec 200136718316.932.36$6,646
Nov 200118422318.072.41$3,861
Oct 2001024819.782.53$627
Sep 200118526324.262.25$5,080
Aug 200118127724.873.05$5,347
Jul 200118036623.933.20$5,478
Jun 2001019524.563.82$746
May 200110127025.524.31$3,741
Apr 200135729724.685.34$10,395
Mar 2001626124.545.38$1,550
Feb 2001024727.755.77$1,424
Jan 200118233427.478.40$7,805
Dec 200018529426.889.12$7,655
Nov 200017526632.215.66$7,142
Oct 200018157031.235.15$8,586
Sep 200018327231.875.19$7,243
Aug 200017925829.644.54$6,477
Jul 20000028.534.09$0
Jun 200018115729.304.40$5,994
May 200036047727.263.68$11,569
Apr 200017748724.513.12$5,856
Mar 200036838128.422.86$11,548
Feb 200018150227.622.73$6,368
Jan 200035954025.272.48$10,411
Dec 199936559024.282.42$10,292
Nov 199955372023.192.43$14,577
Oct 1999069720.982.80$1,954
Sep 199935445821.752.62$8,899
Aug 199917547919.262.88$4,748
Jul 199935866017.892.37$7,970
Jun 199936174215.942.36$7,507
May 199936286715.792.32$7,728
Apr 199936924715.102.21$6,117
Mar 1999024812.471.84$456
Feb 19991872439.981.82$2,308
Jan 199912246910.381.90$2,157
Dec 19983574569.201.77$4,093
Nov 199823652910.892.19$3,726
Oct 1998057212.421.97$1,126
Sep 199823238312.592.08$3,719
Aug 199823431011.301.91$3,235
Jul 199811427411.742.24$1,951
Jun 199823032211.242.24$3,306
May 199834534112.622.21$5,106
Apr 1998036013.042.51$902
Mar 199824636012.802.31$3,980
Feb 199822225313.952.30$3,679
Jan 199810831614.702.15$2,269
Dec 199733130716.322.41$6,142
Nov 199721319118.193.09$4,464
Oct 199710725519.253.15$2,863
Sep 199721918117.742.95$4,420
Aug 199720168417.862.55$5,337
Jul 199721122517.582.25$4,215
Jun 199710725417.242.26$2,418
May 199723139218.972.31$5,287
Apr 199722336817.882.08$4,754
Mar 199721447518.951.94$4,976
Feb 199710727420.492.21$2,797
Jan 199719128623.483.54$5,497
Dec 199623538823.32$5,480
Nov 199621221221.97$4,658
Oct 199610437823.31$2,424
Sep 199628931622.22$6,422
Aug 199610338820.26$2,087
Jul 199621139519.55$4,125
Jun 199618738818.73$3,503
May 199620641519.43$4,003
Apr 199610245621.51$2,194
Mar 199620338519.38$3,934
Feb 199620429916.98$3,464
Jan 199622338717.07$3,807
Dec 199533251517.19$5,707
Nov 19958840216.00$1,408
Oct 199517734415.43$2,731
Sep 199519949416.18$3,220
Aug 199521856415.92$3,471
Jul 199521958615.24$3,338
Jun 199522351316.41$3,659
May 199512054917.56$2,107
Apr 199527247917.73$4,823
Mar 199525365616.44$4,159
Feb 199512061316.58$1,990
Jan 199533761315.92$5,365
Dec 199421348115.03$3,201
Nov 199423653415.90$3,752
Oct 199425354615.58$3,942
Sep 199411365615.29$1,728
Aug 199433856416.13$5,452
Jul 199412957417.56$2,265
Jun 199425255717.09$4,307
May 199425849215.88$4,097
Apr 199472954014.14$10,308
Mar 199424049412.46$2,990
Feb 19941212,08412.50$1,513
Jan 1994057212.66$0
Dec 1993043712.33$0
Nov 199325650314.49$3,709
Oct 199338355415.85$6,071
Sep 199324991515.03$3,742
Aug 199335767315.66$5,591
Jul 199324567315.46$3,788
Jun 199336664716.79$6,145
May 199335958917.68$6,347
Apr 199324741618.05$4,458
Mar 199336954818.14$6,694
Feb 199324846217.90$4,439
Jan 199337051416.93$6,264

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.

Oct 2013 — as filed, then multipliedworked
Oil                  118 bbl  × $ 97.42 =    $11,496
Casinghead gas         0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                  $11,496

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/7934 is the state's own key, not one this site invented.