UNIVERSITY -23W-

Operated by OTB OPERATING, LLC (P-5 628102) 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 8690District 7CField 30243500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$8.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$345 k
at the published price for each month
Months reported
401
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
NGPA1none

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
OilDisposition126,435 bbl$8,102,166
Casinghead gasProduction98,986 Mcf$329,925
Total$8,432,091

2,422 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 (5)

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 31.0019, -101.3526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.00318, -101.35214 · centre of 4 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
2,350 ft
5 wells filed one
Completion to plug
3.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 2,250 and 2,464 ft, median 2,350 ft, over the 5 wells that filed a depth.

Completions filed
Jan 1981 – Apr 2014
5 of 5 wells
Plug dates filed
Dec 2017
1 of 5 wells; 4 filed none

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1054186652,350 ftApr 2014Dec 2017Yes
42-1054160942,400 ftApr 2013
42-1054141932,348 ftJul 2012
42-1054118722,250 ftNov 2010
42-1053312912,464 ftJan 1981

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 (401)

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

401 months

May 2026350158106.413.05$37,725
Apr 202635623298.932.87$35,885
Mar 202653225289.753.15$48,541
Feb 202636329563.503.75$24,157
Jan 202635821959.138.00$22,920
Dec 202534915356.664.41$20,450
Nov 202534212158.593.93$20,513
Oct 202535022559.383.30$21,527
Sep 202551521862.743.08$32,982
Aug 202533721063.933.01$22,178
Jul 202551124066.743.32$34,900
Jun 202534328266.483.13$23,685
May 202550132160.553.23$31,373
Apr 202533848662.363.54$22,800
Mar 202553239567.704.27$37,702
Feb 202536241870.884.34$27,473
Jan 202552839574.324.28$40,931
Dec 202432913468.993.12$23,116
Nov 202451816269.052.20$36,124
Oct 202450722171.372.28$36,689
Sep 202435016469.612.36$24,751
Aug 20245052675.632.06$38,247
Jul 202433932779.932.15$27,798
Jun 202452250278.082.63$42,080
May 202451460078.812.20$41,827
Apr 202434756684.451.66$30,243
Mar 202453858080.301.55$44,098
Feb 202450753476.091.78$39,530
Jan 202453553373.023.30$40,823
Dec 202335545971.262.61$26,496
Nov 202352552877.892.81$42,375
Oct 202334459685.443.09$31,231
Sep 202350959289.042.74$46,941
Aug 202350759880.522.67$42,422
Jul 202333354774.852.64$26,370
Jun 202352858968.962.26$37,741
May 202351761670.622.23$37,883
Apr 202350361478.122.24$40,668
Mar 202366760772.852.39$50,044
Feb 202335248675.112.47$27,637
Jan 202368255376.533.39$54,067
Dec 202252057776.415.73$43,039
Nov 202235659185.005.65$33,597
Oct 202269963687.185.86$64,668
Sep 202250466484.888.16$48,200
Aug 202252265394.529.13$55,299
Jul 2022491618101.587.54$54,537
Jun 2022498549115.097.98$61,694
May 2022514666109.378.43$61,833
Apr 2022668631104.226.84$73,933
Mar 2022523641108.885.08$60,198
Feb 202252354991.054.86$50,287
Jan 202252460481.844.54$45,625
Dec 202151945171.323.90$38,774
Nov 202152427877.435.24$42,029
Oct 202169132479.795.71$56,986
Sep 202151539169.865.35$38,070
Aug 202168332766.024.22$46,472
Jul 202169536970.783.98$50,661
Jun 202169447669.493.38$49,835
May 202152833663.483.02$34,531
Apr 202169329060.362.76$42,629
Mar 202151030261.302.72$32,084
Feb 202166827257.805.55$40,119
Jan 202168660250.412.81$36,273
Dec 202085661144.642.68$39,847
Nov 202067758838.772.71$27,839
Oct 202050064136.972.48$20,074
Sep 202066566837.091.99$25,995
Aug 202083673639.982.39$35,179
Jul 202085317838.371.83$33,054
Jun 20201,175034.901.69$41,008
May 2020039316.921.81$713
Apr 2020030114.751.80$543
Mar 202066460930.341.86$21,276
Feb 202067957349.881.98$35,003
Jan 202068560157.252.09$40,475
Dec 201967352959.012.30$40,933
Nov 201984158755.302.75$48,122
Oct 201968751353.472.42$37,975
Sep 201965249355.052.66$37,203
Aug 201969170653.112.30$38,326
Jul 201970066756.272.46$41,030
Jun 20196836252.782.49$36,203
May 201983860658.482.74$50,667
Apr 201968958562.632.75$44,761
Mar 201968352656.803.06$40,405
Feb 201987550750.852.79$45,909
Jan 201985145646.033.23$40,644
Dec 201868535346.594.19$33,392
Nov 201885058752.934.24$47,478
Oct 201885670661.443.40$54,992
Sep 201867869159.543.11$42,516
Aug 201886054959.403.07$52,768
Jul 201885173665.142.93$57,592
Jun 201866657960.183.08$41,861
May 201884051065.382.90$56,399
Apr 201885332163.842.90$55,387
Mar 201886876661.222.79$55,274
Feb 201885072761.782.77$54,524
Jan 20181,01584862.874.01$67,213
Dec 20171,02276357.272.92$60,759
Nov 201785796355.423.12$50,498
Oct 20178551,19949.292.98$45,720
Sep 20179961,13847.523.09$50,843
Aug 20171,0331,11445.373.00$50,214
Jul 20171,1851,50543.873.09$56,632
Jun 201785590242.493.09$39,114
May 201785481545.373.26$41,406
Apr 201767980647.933.21$35,133
Mar 20171,08388946.772.98$53,304
Feb 201768970150.452.95$36,830
Jan 201782987949.413.42$43,966
Dec 20168501,00648.763.72$45,191
Nov 20161,0391,15142.492.64$47,191
Oct 20161,2001,34346.193.09$59,578
Sep 20169941,38341.553.10$45,589
Aug 20161,1921,26441.442.92$53,093
Jul 20161,1051,05441.622.92$49,072
Jun 201634042745.352.69$16,566
May 201649442042.521.99$21,841
Apr 201650342236.561.99$19,230
Mar 201650148633.011.79$17,410
Feb 201650058926.472.06$14,450
Jan 201663354227.352.36$18,594
Dec 201550057532.362.00$17,331
Nov 201550459338.792.17$20,835
Oct 201566068443.552.43$30,403
Sep 201548465742.992.76$22,619
Aug 201566062640.162.87$28,304
Jul 201549861748.152.95$25,796
Jun 201566060856.152.88$38,812
May 201566564655.212.96$38,624
Apr 201583059649.822.71$42,964
Mar 201584271842.892.93$38,221
Feb 201582951444.662.98$38,553
Jan 201549737243.433.10$22,738
Dec 201498848854.693.59$55,786
Nov 201452043470.464.25$38,485
Oct 201486252178.303.90$69,527
Sep 201469254686.164.05$61,832
Aug 201486055689.394.04$79,119
Jul 201468377096.564.18$69,169
Jun 201498750098.164.74$99,252
May 20141,18337594.734.73$113,838
Apr 201466950295.944.81$66,598
Mar 201469240395.895.06$68,394
Feb 201465543797.406.19$66,503
Jan 201487039890.404.86$80,583
Dec 201383238391.824.35$78,062
Nov 201351526888.853.74$46,760
Oct 201366740197.423.78$66,495
Sep 2013845354104.113.72$89,289
Aug 2013688171104.253.52$72,326
Jul 2013837300102.523.72$86,925
Jun 201388148594.403.93$85,074
May 201394752594.834.15$91,982
Apr 20131,18650293.964.28$113,586
Mar 201350127493.623.91$47,976
Feb 201368528791.233.42$63,474
Jan 201383524591.603.42$77,324
Dec 201299533986.773.42$87,496
Nov 20121,00640286.953.62$88,929
Oct 201283699189.383.40$78,091
Sep 201297259594.672.92$93,756
Aug 20121,50383892.662.91$141,705
Jul 20121,11235985.133.02$95,749
Jun 201249219879.822.52$39,770
May 2012016291.612.49$403
Apr 2012175156101.652.00$18,100
Mar 2012332150105.052.22$35,210
Feb 2012181127101.102.57$18,626
Jan 201218715198.092.73$18,756
Dec 201117715096.873.24$17,632
Nov 201118017795.723.31$17,816
Oct 201132718584.983.65$28,463
Sep 201117217283.623.99$15,068
Aug 201117120983.404.15$15,129
Jul 201117421694.144.52$17,356
Jun 201135020892.904.64$33,480
May 201117719398.134.40$18,219
Apr 2011169198105.964.33$18,765
Mar 201117820096.364.06$17,964
Feb 201115417785.644.18$13,928
Jan 201131722286.504.59$28,439
Dec 201035228285.734.35$31,403
Nov 2010013080.843.80$493
Oct 2010301378.103.51$2,389
Sep 2010291372.633.98$2,158
Aug 2010291273.684.42$2,190
Jul 2010291372.554.74$2,166
Jun 2010311570.364.91$2,255
May 2010291271.124.24$2,113
Apr 2010311081.694.12$2,574
Mar 2010321278.394.39$2,561
Feb 20100873.585.44$44
Jan 201032974.365.96$2,433
Dec 200929971.445.48$2,121
Nov 200928874.593.75$2,119
Oct 2009311072.544.11$2,290
Sep 200931865.543.06$2,056
Aug 2009311067.423.22$2,122
Jul 200901061.133.46$35
Jun 2009311066.163.90$2,090
May 2009291254.743.93$1,635
Apr 2009321346.773.59$1,543
Mar 2009311242.144.06$1,355
Feb 200965932.814.63$2,174
Jan 200901035.865.37$54
Dec 200861037.105.98$2,263
Nov 200801255.496.86$82
Oct 20080675.246.92$42
Sep 2008558101.767.88$5,660
Aug 2008013114.228.48$110
Jul 20086317131.0811.39$8,452
Jun 2008012131.3313.03$156
May 20083112123.1711.57$3,957
Apr 20083310110.3110.45$3,745
Mar 20083310101.909.66$3,459
Feb 2008331292.538.77$3,159
Jan 200801390.388.21$107
Dec 2007301388.337.30$2,745
Nov 2007311391.677.29$2,937
Oct 2007291382.856.92$2,493
Sep 200731875.846.24$2,401
Aug 2007601369.066.39$4,227
Jul 20070670.906.39$38
Jun 200761062.007.55$3,782
May 200731358.747.85$1,844
Apr 2007311459.617.81$1,957
Mar 200731056.927.30$1,765
Feb 200731155.108.22$1,716
Jan 200731550.306.73$1,593
Dec 200663556.656.92$3,604
Nov 20060954.207.62$69
Oct 200631754.906.01$1,744
Sep 2006301760.085.04$1,888
Aug 2006311068.717.34$2,203
Jul 200629569.376.34$2,043
Jun 2006291266.286.38$1,999
May 2006311466.016.42$2,136
Apr 2006311264.397.36$2,084
Mar 200631656.707.08$1,800
Feb 200630457.597.75$1,759
Jan 2006621060.598.93$3,846
Dec 2005611354.9413.42$3,526
Nov 2005311654.6910.59$1,865
Oct 2005311958.3413.80$2,071
Sep 200531961.4512.08$2,014
Aug 2005311561.519.80$2,054
Jul 2005301455.697.84$1,781
Jun 2005301352.337.38$1,666
May 200531945.226.65$1,462
Apr 2005311349.207.36$1,621
Mar 2005311550.377.15$1,669
Feb 2005591345.226.31$2,750
Jan 2005311643.166.32$1,439
Dec 2004311539.866.75$1,337
Nov 2004311345.286.33$1,486
Oct 2004591349.706.52$3,017
Sep 2004311643.245.28$1,425
Aug 2004341742.375.55$1,535
Jul 2004301338.286.08$1,227
Jun 200431736.106.43$1,164
May 2004311837.486.49$1,279
Apr 200431434.475.86$1,092
Mar 2004311334.365.53$1,137
Feb 200463032.455.51$2,044
Jan 20040532.036.30$32
Dec 200330030.266.30$908
Nov 200330028.804.60$864
Oct 2003311728.174.76$954
Sep 2003311326.314.75$877
Aug 200301629.765.13$82
Jul 2003251229.415.17$797
Jun 2003291028.565.98$888
May 2003551326.595.97$1,540
Apr 2003311326.675.41$897
Mar 200301531.146.10$91
Feb 2003311433.487.93$1,149
Jan 2003301630.315.58$999
Dec 2002311426.914.85$902
Nov 2002341024.664.14$880
Oct 2002311526.464.23$884
Sep 2002311427.443.64$902
Aug 2002441925.963.16$1,202
Jul 200201824.583.06$55
Jun 2002301923.733.34$775
May 2002281724.663.58$751
Apr 2002281823.653.51$725
Mar 2002281822.003.10$672
Feb 2002301518.222.38$582
Jan 2002551617.172.38$982
Dec 2001281516.932.36$510
Nov 200131918.072.41$582
Oct 2001471819.782.53$975
Sep 2001302024.262.25$773
Aug 2001261424.873.05$689
Jul 2001242123.933.20$641
Jun 2001441424.563.82$1,134
May 2001282325.524.31$814
Apr 2001362124.685.34$1,001
Mar 2001591624.545.38$1,534
Feb 2001312327.755.77$993
Jan 2001311427.478.40$969
Dec 2000302226.889.12$1,007
Nov 2000552032.215.66$1,885
Oct 2000291731.235.15$993
Sep 2000571731.875.19$1,905
Aug 2000282329.644.54$934
Jul 200038628.534.09$1,109
Jun 200062029.304.40$1,817
May 2000302127.263.68$895
Apr 2000592224.513.12$1,515
Mar 2000281628.422.86$842
Feb 200055627.622.73$1,535
Jan 2000742525.272.48$1,932
Dec 19991342624.282.42$3,317
Nov 199902423.192.43$58
Oct 1999734120.982.80$1,646
Sep 1999674621.752.62$1,578
Aug 1999732719.262.88$1,484
Jul 1999496017.892.37$1,019
Jun 1999736515.942.36$1,317
May 19991587715.792.32$2,674
Apr 199906015.102.21$132
Mar 19991635412.471.84$2,132
Feb 19990299.981.82$53
Jan 19991834010.381.90$1,976
Dec 19980419.201.77$73
Nov 199805610.892.19$122
Oct 19981556412.421.97$2,051
Sep 199806912.592.08$144
Aug 19981483611.301.91$1,741
Jul 199801811.742.24$40
Jun 19981666511.242.24$2,011
May 199804712.622.21$104
Apr 19981395313.042.51$1,945
Mar 199804712.802.31$109
Feb 19981583813.952.30$2,291
Jan 199805114.702.15$110
Dec 19971705716.322.41$2,912
Nov 199701518.193.09$46
Oct 199704219.253.15$132
Sep 19971203917.742.95$2,244
Aug 199703717.862.55$95
Jul 19971274917.582.25$2,343
Jun 19971314617.242.26$2,362
May 199704518.972.31$104
Apr 19971324217.882.08$2,448
Mar 199703718.951.94$72
Feb 19971204520.492.21$2,558
Jan 199704023.483.54$142
Dec 19961415523.32$3,288
Nov 199604221.97$0
Oct 19961333823.31$3,100
Sep 199603822.22$0
Aug 19961303920.26$2,634
Jul 199605919.55$0
Jun 19961364718.73$2,547
May 19961515619.43$2,934
Apr 199605321.51$0
Mar 19961743719.38$3,372
Feb 199604016.98$0
Jan 199604117.07$0
Dec 19951734817.19$2,974
Nov 199504716.00$0
Oct 19951723915.43$2,654
Sep 199503816.18$0
Aug 199505415.92$0
Jul 19951556215.24$2,362
Jun 199504516.41$0
May 19951523417.56$2,669
Apr 199504717.73$0
Mar 19951524816.44$2,499
Feb 199503116.58$0
Jan 19951534615.92$2,436
Dec 199404615.03$0
Nov 19941654715.90$2,624
Oct 19941615115.58$2,508
Sep 199405515.29$0
Aug 199405916.13$0
Jul 19941646517.56$2,880
Jun 199405517.09$0
May 19941615215.88$2,557
Apr 199405714.14$0
Mar 19941555812.46$1,931
Feb 199405212.50$0
Jan 19941625312.66$2,051
Dec 199306412.33$0
Nov 19931724014.49$2,492
Oct 199306515.85$0
Sep 19931696415.03$2,540
Aug 199306415.66$0
Jul 19931606315.46$2,474
Jun 199306716.79$0
May 19931766217.68$3,112
Apr 199304818.05$0
Mar 199305118.14$0
Feb 19931724717.90$3,079
Jan 199305316.93$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.

May 2026 — as filed, then multipliedworked
Oil                  350 bbl  × $106.41 =    $37,244
Casinghead gas       158 Mcf  × $  3.05 =       $481

────────────────────────────────────────────────────
Month total                                  $37,725

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/8690 is the state's own key, not one this site invented.