UNIVERSITY "22-A"

Operated by L & D, INC. (P-5 479577) in the FARMER (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8535District 7CField 30243500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$254 k
Jan 1993 – Jan 2010
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
205
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 351 leases and 1,445 wells, and the rule below applies to all of them.

Discovered
1953-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1997-12-16.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET 7C-0214566 ON 3/7/97.

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
OilDisposition11,808 bbl$251,511
Casinghead gasProduction1,160 Mcf$2,633
Total$254,144

48 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 (3)

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 31.0785, -101.3347. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.07823, -101.33459 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
2,430 ft
3 wells filed one
Completion to plug
26.7 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 2,410 and 2,500 ft, median 2,430 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1980 – Jun 1984
3 of 3 wells
Plug dates filed
Dec 2000 – Nov 2009
3 of 3 wells

Last completion to plug: a median of 26.7 years across the 3 wells that filed both dates, with the middle half between 21.6 years and 27.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-1053479032,430 ftJun 1984Dec 2000Yes
42-3833247422,500 ftMar 1983Nov 2009Yes
42-1053300812,410 ftOct 1980Nov 2009Yes

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 (205)

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

205 months

Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200982066.163.90$5,425
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081680101.909.66$17,119
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005175061.519.80$10,764
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 2005183043.166.32$7,898
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 2004163037.486.49$6,109
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003181030.266.30$5,477
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003164029.415.17$4,823
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 200394030.315.58$2,849
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002180026.464.23$4,763
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002178024.663.58$4,389
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001178016.932.36$3,014
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001179024.873.05$4,452
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001181024.545.38$4,442
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000165031.235.15$5,153
Sep 20004031.875.19$127
Aug 2000161029.644.54$4,772
Jul 2000173028.534.09$4,936
Jun 20000029.304.40$0
May 2000156027.263.68$4,253
Apr 200003024.513.12$93
Mar 20001612228.422.86$4,639
Feb 200002927.622.73$79
Jan 20001722725.272.48$4,413
Dec 199901624.282.42$39
Nov 199903023.192.43$73
Oct 19991673120.982.80$3,591
Sep 199903021.752.62$79
Aug 199903119.262.88$89
Jul 19991662417.892.37$3,027
Jun 199903015.942.36$71
May 19991813015.792.32$2,928
Apr 199902915.102.21$64
Mar 19991813112.471.84$2,314
Feb 19990289.981.82$51
Jan 19991843010.381.90$1,967
Dec 19980269.201.77$46
Nov 199803010.892.19$66
Oct 19981793112.421.97$2,284
Sep 199803012.592.08$62
Aug 19981823111.301.91$2,116
Jul 199803111.742.24$69
Jun 19981773011.242.24$2,057
May 199803112.622.21$68
Apr 199803013.042.51$75
Mar 19981793112.802.31$2,363
Feb 199802813.952.30$64
Jan 199803114.702.15$67
Dec 19971812916.322.41$3,024
Nov 199703018.193.09$93
Oct 199703119.253.15$98
Sep 19971792917.742.95$3,261
Aug 199703117.862.55$79
Jul 199703117.582.25$70
Jun 19971773017.242.26$3,119
May 199703118.972.31$72
Apr 199702917.882.08$60
Mar 19971773118.951.94$3,414
Feb 19970120.492.21$2
Jan 1997179123.483.54$4,206
Dec 19960123.32$0
Nov 1996178121.97$3,911
Oct 19960123.31$0
Sep 1996177122.22$3,933
Aug 19960120.26$0
Jul 1996175119.55$3,421
Jun 1996175118.73$3,278
May 19960119.43$0
Apr 1996176121.51$3,786
Mar 19960119.38$0
Feb 1996176116.98$2,988
Jan 1996176117.07$3,004
Dec 1995179117.19$3,077
Nov 19950116.00$0
Oct 19950115.43$0
Sep 1995163116.18$2,637
Aug 1995180115.92$2,866
Jul 1995166115.24$2,530
Jun 19950116.41$0
May 1995181117.56$3,178
Apr 19950117.73$0
Mar 1995232116.44$3,814
Feb 19950116.58$0
Jan 1995184115.92$2,929
Dec 1994183115.03$2,750
Nov 1994177115.90$2,814
Oct 19940115.58$0
Sep 1994167115.29$2,553
Aug 19940116.13$0
Jul 1994180117.56$3,161
Jun 1994180117.09$3,076
May 1994183115.88$2,906
Apr 1994356114.14$5,034
Mar 19940112.46$0
Feb 1994175112.50$2,188
Jan 1994179112.66$2,266
Dec 1993183112.33$2,256
Nov 1993178114.49$2,579
Oct 1993167115.85$2,647
Sep 1993178115.03$2,675
Aug 1993169115.66$2,647
Jul 1993176115.46$2,721
Jun 19930116.79$0
May 1993346117.68$6,117
Apr 19930118.05$0
Mar 1993171118.14$3,102
Feb 1993176117.90$3,150
Jan 1993179116.93$3,030

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.

Jun 2009 — as filed, then multipliedworked
Oil                   82 bbl  × $ 66.16 =     $5,425
Casinghead gas         0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $5,425

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/8535 is the state's own key, not one this site invented.