UNIVERSITY, SEC. 3

Name: UNIVERSITY, SEC. 3 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ATLAS OPERATING LLC (P-5 36587) 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 8111District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$800 k

Jan 1993 – Dec 2011

Value, last 12 filed months

at the published price for each month

Months reported

228

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	2	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	25,514 bbl	$648,194
Casinghead gas	Production	56,746 Mcf	$152,003
Total			$800,196

23,248 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 31.2934, -101.8329. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.29344, -101.83294 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

8,271 ft

2 wells filed one

Completion to plug

30.7 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 8,226 and 8,316 ft, median 8,271 ft, over the 2 wells that filed a depth.

Completions filed

Sep 1979 – Jan 1981

2 of 2 wells

Plug dates filed

Dec 2010 – Jan 2011

2 of 2 wells

Last completion to plug: a median of 30.7 years across the 2 wells that filed both dates, with the middle half between 30.3 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-46131495	2	8,316 ft	Jan 1981	Dec 2010	Yes
42-46131474	1	8,226 ft	Sep 1979	Jan 2011	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 (228)

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

228 months


Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	2	78.39	4.39	$9
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	24	67.42	3.22	$77
Jul 2009	0	12	61.13	3.46	$42
Jun 2009	0	15	66.16	3.90	$58
May 2009	166	41	54.74	3.93	$9,248
Apr 2009	0	86	46.77	3.59	$309
Mar 2009	0	55	42.14	4.06	$223
Feb 2009	0	43	32.81	4.63	$199
Jan 2009	167	72	35.86	5.37	$6,375
Dec 2008	0	99	37.10	5.98	$592
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	71	75.24	6.92	$491
Sep 2008	0	111	101.76	7.88	$874
Aug 2008	166	163	114.22	8.48	$20,343
Jul 2008	0	207	131.08	11.39	$2,358
Jun 2008	172	128	131.33	13.03	$24,257
May 2008	0	172	123.17	11.57	$1,991
Apr 2008	173	186	110.31	10.45	$21,028
Mar 2008	0	196	101.90	9.66	$1,894
Feb 2008	159	171	92.53	8.77	$16,212
Jan 2008	166	171	90.38	8.21	$16,406
Dec 2007	0	245	88.33	7.30	$1,789
Nov 2007	178	215	91.67	7.29	$17,885
Oct 2007	0	248	82.85	6.92	$1,717
Sep 2007	0	260	75.84	6.24	$1,623
Aug 2007	170	197	69.06	6.39	$12,999
Jul 2007	0	512	70.90	6.39	$3,271
Jun 2007	179	263	62.00	7.55	$13,083
May 2007	0	152	58.74	7.85	$1,193
Apr 2007	0	183	59.61	7.81	$1,428
Mar 2007	0	141	56.92	7.30	$1,030
Feb 2007	161	168	55.10	8.22	$10,251
Jan 2007	0	116	50.30	6.73	$780
Dec 2006	0	135	56.65	6.92	$934
Nov 2006	169	200	54.20	7.62	$10,683
Oct 2006	0	74	54.90	6.01	$445
Sep 2006	0	162	60.08	5.04	$816
Aug 2006	179	127	68.71	7.34	$13,231
Jul 2006	0	121	69.37	6.34	$767
Jun 2006	0	131	66.28	6.38	$836
May 2006	0	210	66.01	6.42	$1,349
Apr 2006	173	121	64.39	7.36	$12,030
Mar 2006	0	122	56.70	7.08	$864
Feb 2006	0	139	57.59	7.75	$1,077
Jan 2006	0	60	60.59	8.93	$536
Dec 2005	176	141	54.94	13.42	$11,561
Nov 2005	0	136	54.69	10.59	$1,440
Oct 2005	0	117	58.34	13.80	$1,614
Sep 2005	0	137	61.45	12.08	$1,655
Aug 2005	161	121	61.51	9.80	$11,089
Jul 2005	0	133	55.69	7.84	$1,043
Jun 2005	0	113	52.33	7.38	$834
May 2005	0	55	45.22	6.65	$366
Apr 2005	0	70	49.20	7.36	$515
Mar 2005	153	174	50.37	7.15	$8,952
Feb 2005	0	141	45.22	6.31	$890
Jan 2005	0	178	43.16	6.32	$1,125
Dec 2004	180	171	39.86	6.75	$8,329
Nov 2004	0	164	45.28	6.33	$1,038
Oct 2004	0	176	49.70	6.52	$1,147
Sep 2004	28	170	43.24	5.28	$2,109
Aug 2004	102	152	42.37	5.55	$5,165
Jul 2004	0	173	38.28	6.08	$1,053
Jun 2004	105	170	36.10	6.43	$4,884
May 2004	0	182	37.48	6.49	$1,182
Apr 2004	139	168	34.47	5.86	$5,776
Mar 2004	0	169	34.36	5.53	$935
Feb 2004	0	8	32.45	5.51	$44
Jan 2004	0	51	32.03	6.30	$321
Dec 2003	81	56	30.26	6.30	$2,804
Nov 2003	164	70	28.80	4.60	$5,045
Oct 2003	0	57	28.17	4.76	$271
Sep 2003	73	60	26.31	4.75	$2,206
Aug 2003	0	73	29.76	5.13	$374
Jul 2003	83	181	29.41	5.17	$3,377
Jun 2003	182	172	28.56	5.98	$6,227
May 2003	0	185	26.59	5.97	$1,105
Apr 2003	0	167	26.67	5.41	$903
Mar 2003	0	77	31.14	6.10	$469
Feb 2003	87	71	33.48	7.93	$3,476
Jan 2003	0	163	30.31	5.58	$910
Dec 2002	177	182	26.91	4.85	$5,646
Nov 2002	0	172	24.66	4.14	$712
Oct 2002	0	187	26.46	4.23	$791
Sep 2002	180	236	27.44	3.64	$5,797
Aug 2002	0	254	25.96	3.16	$804
Jul 2002	0	238	24.58	3.06	$729
Jun 2002	177	143	23.73	3.34	$4,678
May 2002	0	246	24.66	3.58	$882
Apr 2002	0	235	23.65	3.51	$825
Mar 2002	180	261	22.00	3.10	$4,770
Feb 2002	0	238	18.22	2.38	$565
Jan 2002	174	259	17.17	2.38	$3,603
Dec 2001	0	265	16.93	2.36	$627
Nov 2001	0	253	18.07	2.41	$609
Oct 2001	179	279	19.78	2.53	$4,246
Sep 2001	0	258	24.26	2.25	$581
Aug 2001	0	272	24.87	3.05	$830
Jul 2001	168	219	23.93	3.20	$4,720
Jun 2001	0	155	24.56	3.82	$593
May 2001	177	91	25.52	4.31	$4,909
Apr 2001	0	356	24.68	5.34	$1,899
Mar 2001	179	364	24.54	5.38	$6,350
Feb 2001	353	371	27.75	5.77	$11,935
Jan 2001	173	431	27.47	8.40	$8,372
Dec 2000	347	461	26.88	9.12	$13,533
Nov 2000	0	267	32.21	5.66	$1,511
Oct 2000	0	203	31.23	5.15	$1,045
Sep 2000	180	402	31.87	5.19	$7,822
Aug 2000	173	400	29.64	4.54	$6,944
Jul 2000	171	384	28.53	4.09	$6,449
Jun 2000	174	427	29.30	4.40	$6,976
May 2000	178	468	27.26	3.68	$6,574
Apr 2000	152	300	24.51	3.12	$4,660
Mar 2000	180	416	28.42	2.86	$6,305
Feb 2000	183	414	27.62	2.73	$6,183
Jan 2000	179	441	25.27	2.48	$5,617
Dec 1999	186	411	24.28	2.42	$5,512
Nov 1999	177	416	23.19	2.43	$5,117
Oct 1999	177	445	20.98	2.80	$4,961
Sep 1999	175	433	21.75	2.62	$4,940
Aug 1999	176	355	19.26	2.88	$4,411
Jul 1999	179	373	17.89	2.37	$4,087
Jun 1999	178	391	15.94	2.36	$3,761
May 1999	180	191	15.79	2.32	$3,286
Apr 1999	177	191	15.10	2.21	$3,094
Mar 1999	179	186	12.47	1.84	$2,574
Feb 1999	179	289	9.98	1.82	$2,312
Jan 1999	181	401	10.38	1.90	$2,641
Dec 1998	182	280	9.20	1.77	$2,171
Nov 1998	180	381	10.89	2.19	$2,793
Oct 1998	182	0	12.42	1.97	$2,260
Sep 1998	180	0	12.59	2.08	$2,266
Aug 1998	181	475	11.30	1.91	$2,951
Jul 1998	183	484	11.74	2.24	$3,231
Jun 1998	171	222	11.24	2.24	$2,419
May 1998	183	335	12.62	2.21	$3,049
Apr 1998	180	220	13.04	2.51	$2,898
Mar 1998	183	298	12.80	2.31	$3,031
Feb 1998	183	344	13.95	2.30	$3,344
Jan 1998	185	324	14.70	2.15	$3,418
Dec 1997	366	382	16.32	2.41	$6,894
Nov 1997	185	363	18.19	3.09	$4,486
Oct 1997	179	379	19.25	3.15	$4,640
Sep 1997	182	244	17.74	2.95	$3,950
Aug 1997	182	313	17.86	2.55	$4,050
Jul 1997	180	375	17.58	2.25	$4,007
Jun 1997	182	312	17.24	2.26	$3,842
May 1997	183	447	18.97	2.31	$4,503
Apr 1997	183	365	17.88	2.08	$4,032
Mar 1997	365	483	18.95	1.94	$7,853
Feb 1997	184	462	20.49	2.21	$4,789
Jan 1997	187	451	23.48	3.54	$5,987
Dec 1996	181	501	23.32	—	$4,221
Nov 1996	184	451	21.97	—	$4,042
Oct 1996	361	430	23.31	—	$8,415
Sep 1996	0	456	22.22	—	$0
Aug 1996	185	467	20.26	—	$3,748
Jul 1996	362	496	19.55	—	$7,077
Jun 1996	181	514	18.73	—	$3,390
May 1996	180	518	19.43	—	$3,497
Apr 1996	180	241	21.51	—	$3,872
Mar 1996	179	119	19.38	—	$3,469
Feb 1996	185	360	16.98	—	$3,141
Jan 1996	186	512	17.07	—	$3,175
Dec 1995	369	495	17.19	—	$6,343
Nov 1995	184	520	16.00	—	$2,944
Oct 1995	181	550	15.43	—	$2,793
Sep 1995	183	528	16.18	—	$2,961
Aug 1995	181	552	15.92	—	$2,882
Jul 1995	363	593	15.24	—	$5,532
Jun 1995	183	545	16.41	—	$3,003
May 1995	183	520	17.56	—	$3,213
Apr 1995	183	503	17.73	—	$3,245
Mar 1995	367	600	16.44	—	$6,033
Feb 1995	187	427	16.58	—	$3,100
Jan 1995	180	405	15.92	—	$2,866
Dec 1994	179	504	15.03	—	$2,690
Nov 1994	179	534	15.90	—	$2,846
Oct 1994	368	525	15.58	—	$5,733
Sep 1994	181	497	15.29	—	$2,767
Aug 1994	183	552	16.13	—	$2,952
Jul 1994	177	591	17.56	—	$3,108
Jun 1994	362	575	17.09	—	$6,187
May 1994	184	519	15.88	—	$2,922
Apr 1994	181	464	14.14	—	$2,559
Mar 1994	361	490	12.46	—	$4,498
Feb 1994	182	467	12.50	—	$2,275
Jan 1994	181	322	12.66	—	$2,291
Dec 1993	177	483	12.33	—	$2,182
Nov 1993	175	449	14.49	—	$2,536
Oct 1993	357	507	15.85	—	$5,658
Sep 1993	176	443	15.03	—	$2,645
Aug 1993	178	439	15.66	—	$2,787
Jul 1993	174	711	15.46	—	$2,690
Jun 1993	355	536	16.79	—	$5,960
May 1993	179	539	17.68	—	$3,165
Apr 1993	183	335	18.05	—	$3,303
Mar 1993	182	495	18.14	—	$3,301
Feb 1993	365	465	17.90	—	$6,534
Jan 1993	186	503	16.93	—	$3,149

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.

Mar 2010 — as filed, then multipliedworked

Oil                    0 bbl  × $ 78.39 =         $0
Casinghead gas         2 Mcf  × $  4.39 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/8111 is the state's own key, not one this site invented.