UNIVERSITY 58-18C

Name: UNIVERSITY 58-18C lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MERIT ENERGY COMPANY (P-5 561136) 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 8791District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$352 k

Jan 1993 – Nov 2011

Value, last 12 filed months

at the published price for each month

Months reported

227

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	1	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	7,301 bbl	$224,081
Casinghead gas	Production	34,196 Mcf	$128,203
Total			$352,284

9,791 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 31.3059, -101.7188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.30590, -101.71875 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,130 ft

1 wells filed one

Completion to plug

30.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 8,130 ft.

Completions filed

Jan 1981

1 of 1 wells

Plug dates filed

Mar 2011

1 of 1 wells

Last completion to plug: a median of 30.2 years across the 1 well that filed both dates, with the middle half between 30.2 years and 30.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38331781	1	8,130 ft	Jan 1981	Mar 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 (227)

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

227 months


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	1	0	72.55	4.74	$73
Jun 2010	0	0	70.36	4.91	$0
May 2010	1	0	71.12	4.24	$71
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	2	0	73.58	5.44	$147
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	6	0	71.44	5.48	$429
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	15	0	72.54	4.11	$1,088
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	21	67.42	3.22	$68
Jul 2009	30	0	61.13	3.46	$1,834
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	62	34	46.77	3.59	$3,022
Mar 2009	55	89	42.14	4.06	$2,679
Feb 2009	0	89	32.81	4.63	$412
Jan 2009	0	140	35.86	5.37	$752
Dec 2008	48	30	37.10	5.98	$1,960
Nov 2008	0	6	55.49	6.86	$41
Oct 2008	0	18	75.24	6.92	$125
Sep 2008	0	16	101.76	7.88	$126
Aug 2008	0	132	114.22	8.48	$1,120
Jul 2008	57	100	131.08	11.39	$8,611
Jun 2008	0	127	131.33	13.03	$1,655
May 2008	0	131	123.17	11.57	$1,516
Apr 2008	52	127	110.31	10.45	$7,064
Mar 2008	0	123	101.90	9.66	$1,189
Feb 2008	56	123	92.53	8.77	$6,260
Jan 2008	0	131	90.38	8.21	$1,075
Dec 2007	53	131	88.33	7.30	$5,638
Nov 2007	0	127	91.67	7.29	$926
Oct 2007	43	131	82.85	6.92	$4,469
Sep 2007	0	127	75.84	6.24	$793
Aug 2007	65	127	69.06	6.39	$5,300
Jul 2007	0	131	70.90	6.39	$837
Jun 2007	0	127	62.00	7.55	$959
May 2007	0	131	58.74	7.85	$1,028
Apr 2007	0	127	59.61	7.81	$991
Mar 2007	38	131	56.92	7.30	$3,120
Feb 2007	0	97	55.10	8.22	$797
Jan 2007	0	170	50.30	6.73	$1,144
Dec 2006	0	184	56.65	6.92	$1,273
Nov 2006	38	423	54.20	7.62	$5,282
Oct 2006	61	399	54.90	6.01	$5,748
Sep 2006	83	274	60.08	5.04	$6,367
Aug 2006	115	553	68.71	7.34	$11,961
Jul 2006	119	723	69.37	6.34	$12,841
Jun 2006	0	714	66.28	6.38	$4,558
May 2006	0	131	66.01	6.42	$842
Apr 2006	78	235	64.39	7.36	$6,752
Mar 2006	0	77	56.70	7.08	$545
Feb 2006	96	204	57.59	7.75	$7,110
Jan 2006	95	200	60.59	8.93	$7,543
Dec 2005	0	178	54.94	13.42	$2,388
Nov 2005	0	182	54.69	10.59	$1,927
Oct 2005	81	154	58.34	13.80	$6,850
Sep 2005	0	151	61.45	12.08	$1,824
Aug 2005	51	213	61.51	9.80	$5,224
Jul 2005	50	187	55.69	7.84	$4,251
Jun 2005	0	169	52.33	7.38	$1,247
May 2005	90	239	45.22	6.65	$5,659
Apr 2005	0	165	49.20	7.36	$1,214
Mar 2005	0	203	50.37	7.15	$1,452
Feb 2005	0	153	45.22	6.31	$966
Jan 2005	0	157	43.16	6.32	$993
Dec 2004	54	206	39.86	6.75	$3,543
Nov 2004	0	214	45.28	6.33	$1,355
Oct 2004	0	186	49.70	6.52	$1,212
Sep 2004	36	191	43.24	5.28	$2,566
Aug 2004	36	224	42.37	5.55	$2,769
Jul 2004	0	218	38.28	6.08	$1,326
Jun 2004	60	236	36.10	6.43	$3,684
May 2004	109	236	37.48	6.49	$5,618
Apr 2004	0	200	34.47	5.86	$1,172
Mar 2004	0	120	34.36	5.53	$664
Feb 2004	58	105	32.45	5.51	$2,461
Jan 2004	0	96	32.03	6.30	$605
Dec 2003	64	127	30.26	6.30	$2,737
Nov 2003	45	122	28.80	4.60	$1,857
Oct 2003	0	115	28.17	4.76	$547
Sep 2003	55	109	26.31	4.75	$1,965
Aug 2003	0	105	29.76	5.13	$539
Jul 2003	39	109	29.41	5.17	$1,711
Jun 2003	46	129	28.56	5.98	$2,086
May 2003	57	139	26.59	5.97	$2,346
Apr 2003	0	148	26.67	5.41	$800
Mar 2003	76	187	31.14	6.10	$3,507
Feb 2003	101	120	33.48	7.93	$4,333
Jan 2003	97	120	30.31	5.58	$3,610
Dec 2002	67	122	26.91	4.85	$2,395
Nov 2002	0	93	24.66	4.14	$385
Oct 2002	0	94	26.46	4.23	$398
Sep 2002	39	94	27.44	3.64	$1,412
Aug 2002	0	132	25.96	3.16	$418
Jul 2002	43	66	24.58	3.06	$1,259
Jun 2002	69	171	23.73	3.34	$2,208
May 2002	69	172	24.66	3.58	$2,318
Apr 2002	0	177	23.65	3.51	$622
Mar 2002	58	165	22.00	3.10	$1,788
Feb 2002	64	173	18.22	2.38	$1,577
Jan 2002	0	175	17.17	2.38	$416
Dec 2001	46	183	16.93	2.36	$1,211
Nov 2001	45	125	18.07	2.41	$1,114
Oct 2001	0	197	19.78	2.53	$498
Sep 2001	45	102	24.26	2.25	$1,321
Aug 2001	0	75	24.87	3.05	$229
Jul 2001	54	77	23.93	3.20	$1,538
Jun 2001	0	103	24.56	3.82	$394
May 2001	57	109	25.52	4.31	$1,924
Apr 2001	56	171	24.68	5.34	$2,294
Mar 2001	0	170	24.54	5.38	$914
Feb 2001	55	116	27.75	5.77	$2,195
Jan 2001	55	163	27.47	8.40	$2,880
Dec 2000	0	150	26.88	9.12	$1,368
Nov 2000	55	119	32.21	5.66	$2,445
Oct 2000	52	189	31.23	5.15	$2,596
Sep 2000	0	168	31.87	5.19	$871
Aug 2000	107	155	29.64	4.54	$3,875
Jul 2000	53	189	28.53	4.09	$2,285
Jun 2000	0	98	29.30	4.40	$431
May 2000	54	194	27.26	3.68	$2,186
Apr 2000	0	183	24.51	3.12	$570
Mar 2000	51	178	28.42	2.86	$1,958
Feb 2000	53	198	27.62	2.73	$2,004
Jan 2000	0	190	25.27	2.48	$471
Dec 1999	53	168	24.28	2.42	$1,694
Nov 1999	0	170	23.19	2.43	$414
Oct 1999	105	150	20.98	2.80	$2,623
Sep 1999	0	216	21.75	2.62	$566
Aug 1999	0	194	19.26	2.88	$558
Jul 1999	54	176	17.89	2.37	$1,384
Jun 1999	0	119	15.94	2.36	$281
May 1999	58	165	15.79	2.32	$1,299
Apr 1999	53	173	15.10	2.21	$1,182
Mar 1999	56	214	12.47	1.84	$1,092
Feb 1999	55	135	9.98	1.82	$794
Jan 1999	56	147	10.38	1.90	$861
Dec 1998	110	155	9.20	1.77	$1,287
Nov 1998	57	126	10.89	2.19	$896
Oct 1998	0	128	12.42	1.97	$252
Sep 1998	52	160	12.59	2.08	$988
Aug 1998	0	146	11.30	1.91	$278
Jul 1998	0	152	11.74	2.24	$340
Jun 1998	0	145	11.24	2.24	$324
May 1998	0	204	12.62	2.21	$450
Apr 1998	57	212	13.04	2.51	$1,274
Mar 1998	56	167	12.80	2.31	$1,102
Feb 1998	0	115	13.95	2.30	$264
Jan 1998	53	169	14.70	2.15	$1,143
Dec 1997	51	157	16.32	2.41	$1,211
Nov 1997	51	163	18.19	3.09	$1,431
Oct 1997	0	190	19.25	3.15	$598
Sep 1997	53	191	17.74	2.95	$1,505
Aug 1997	56	247	17.86	2.55	$1,631
Jul 1997	0	170	17.58	2.25	$382
Jun 1997	102	209	17.24	2.26	$2,230
May 1997	0	203	18.97	2.31	$469
Apr 1997	56	193	17.88	2.08	$1,403
Mar 1997	54	193	18.95	1.94	$1,398
Feb 1997	0	158	20.49	2.21	$349
Jan 1997	55	165	23.48	3.54	$1,875
Dec 1996	59	169	23.32	—	$1,376
Nov 1996	54	168	21.97	—	$1,186
Oct 1996	53	192	23.31	—	$1,235
Sep 1996	54	166	22.22	—	$1,200
Aug 1996	0	170	20.26	—	$0
Jul 1996	55	178	19.55	—	$1,075
Jun 1996	55	174	18.73	—	$1,030
May 1996	55	191	19.43	—	$1,069
Apr 1996	56	177	21.51	—	$1,205
Mar 1996	56	180	19.38	—	$1,085
Feb 1996	0	184	16.98	—	$0
Jan 1996	58	215	17.07	—	$990
Dec 1995	56	188	17.19	—	$963
Nov 1995	57	210	16.00	—	$912
Oct 1995	55	232	15.43	—	$849
Sep 1995	58	217	16.18	—	$938
Aug 1995	0	210	15.92	—	$0
Jul 1995	56	220	15.24	—	$853
Jun 1995	54	203	16.41	—	$886
May 1995	56	200	17.56	—	$983
Apr 1995	54	204	17.73	—	$957
Mar 1995	56	216	16.44	—	$921
Feb 1995	55	182	16.58	—	$912
Jan 1995	56	214	15.92	—	$892
Dec 1994	57	212	15.03	—	$857
Nov 1994	58	224	15.90	—	$922
Oct 1994	56	227	15.58	—	$872
Sep 1994	55	216	15.29	—	$841
Aug 1994	0	227	16.13	—	$0
Jul 1994	54	234	17.56	—	$948
Jun 1994	55	176	17.09	—	$940
May 1994	56	165	15.88	—	$889
Apr 1994	165	181	14.14	—	$2,333
Mar 1994	0	209	12.46	—	$0
Feb 1994	0	196	12.50	—	$0
Jan 1994	0	229	12.66	—	$0
Dec 1993	0	229	12.33	—	$0
Nov 1993	0	226	14.49	—	$0
Oct 1993	56	229	15.85	—	$888
Sep 1993	55	226	15.03	—	$827
Aug 1993	55	229	15.66	—	$861
Jul 1993	55	229	15.46	—	$850
Jun 1993	56	226	16.79	—	$940
May 1993	58	226	17.68	—	$1,025
Apr 1993	56	174	18.05	—	$1,011
Mar 1993	56	231	18.14	—	$1,016
Feb 1993	56	186	17.90	—	$1,002
Jan 1993	0	224	16.93	—	$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.

Jul 2010 — as filed, then multipliedworked

Oil                    1 bbl  × $ 72.55 =        $73
Casinghead gas         0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                      $73

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/8791 is the state's own key, not one this site invented.