UNIVERSITY "15"

Operated by LAST DOLLAR LLC (P-5 487693) in the BLOCK 49 (2450) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8903District 7CField 09521500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$63 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 13 leases and 77 wells, and the rule below applies to all of them.

Discovered
1955-11-15
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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: OPTIONAL 20 ACRES, DIAGONAL OF 1500.

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
NGPA7none

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
OilDisposition71,148 bbl$3,347,253
Casinghead gasProduction54,194 Mcf$189,611
Total$3,536,865

13,601 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 (7)

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 31.1097, -101.3737. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.10892, -101.37397 · 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
0.0%
0 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
2,700 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
7100.0%

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 2,700 and 2,715 ft, median 2,700 ft, over the 7 wells that filed a depth.

Completions filed
Apr 1981 – Jul 1982
7 of 7 wells

7 wells

42-3833213472,700 ftJul 1982
42-3833201262,707 ftDec 1981
42-3833192042,705 ftDec 1981
42-3833192152,715 ftDec 1981
42-3833192832,700 ftMay 1981
42-3833191312,700 ftMay 1981
42-3833191422,700 ftApr 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 2026910106.413.05$9,683
Apr 20260098.932.87$0
Mar 202626089.753.15$2,334
Feb 2026166063.503.75$10,541
Jan 2026136059.138.00$8,042
Dec 20250056.664.41$0
Nov 2025165058.593.93$9,667
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025120063.933.01$7,672
Jul 2025125066.743.32$8,343
Jun 202599066.483.13$6,582
May 2025109060.553.23$6,600
Apr 2025127062.363.54$7,920
Mar 2025143067.704.27$9,681
Feb 2025122070.884.34$8,647
Jan 2025172074.324.28$12,783
Dec 2024168068.993.12$11,590
Nov 2024144069.052.20$9,943
Oct 2024172071.372.28$12,276
Sep 2024166069.612.36$11,555
Aug 2024293075.632.06$22,160
Jul 20240079.932.15$0
Jun 2024168078.082.63$13,117
May 2024150078.812.20$11,822
Apr 2024101084.451.66$8,529
Mar 2024159080.301.55$12,768
Feb 2024173076.091.78$13,164
Jan 2024130073.023.30$9,493
Dec 2023322071.262.61$22,946
Nov 2023174077.892.81$13,553
Oct 2023172085.443.09$14,696
Sep 20230089.042.74$0
Aug 2023167080.522.67$13,447
Jul 2023142074.852.64$10,629
Jun 20230068.962.26$0
May 2023176070.622.23$12,429
Apr 2023117078.122.24$9,140
Mar 2023335072.852.39$24,405
Feb 2023185075.112.47$13,895
Jan 2023181076.533.39$13,852
Dec 2022120076.415.73$9,169
Nov 2022320085.005.65$27,200
Oct 20220087.185.86$0
Sep 2022175084.888.16$14,854
Aug 2022177094.529.13$16,730
Jul 20221730101.587.54$17,573
Jun 20221220115.097.98$14,041
May 20223450109.378.43$37,733
Apr 20221790104.226.84$18,655
Mar 20221560108.885.08$16,985
Feb 2022175091.054.86$15,934
Jan 2022173081.844.54$14,158
Dec 2021351071.323.90$25,033
Nov 2021172077.435.24$13,318
Oct 2021174079.795.71$13,883
Sep 2021173069.865.35$12,086
Aug 2021176066.024.22$11,620
Jul 2021174070.783.98$12,316
Jun 2021174069.493.38$12,091
May 2021308063.483.02$19,552
Apr 2021176060.362.76$10,623
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020173044.642.68$7,723
Nov 20200038.772.71$0
Oct 2020176036.972.48$6,507
Sep 20200037.091.99$0
Aug 2020147039.982.39$5,877
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020174016.921.81$2,944
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020175049.881.98$8,729
Jan 2020175057.252.09$10,019
Dec 2019181059.012.30$10,681
Nov 20190055.302.75$0
Oct 2019174053.472.42$9,304
Sep 20190055.052.66$0
Aug 2019172053.112.30$9,135
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019175058.482.74$10,234
Apr 20190062.632.75$0
Mar 2019163056.803.06$9,258
Feb 2019180050.852.79$9,153
Jan 20190046.033.23$0
Dec 2018181046.594.19$8,433
Nov 20180052.934.24$0
Oct 2018173061.443.40$10,629
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018170065.142.93$11,074
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018166063.842.90$10,597
Mar 20180061.222.79$0
Feb 2018177061.782.77$10,935
Jan 20180062.874.01$0
Dec 2017174057.272.92$9,965
Nov 20172055.423.12$111
Oct 20170049.292.98$0
Sep 2017125047.523.09$5,940
Aug 2017182045.373.00$8,257
Jul 2017178043.873.09$7,809
Jun 20170042.493.09$0
May 2017170045.373.26$7,713
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017171050.452.95$8,627
Jan 20170049.413.42$0
Dec 2016177048.763.72$8,631
Nov 20160042.492.64$0
Oct 2016169046.193.09$7,806
Sep 2016175041.553.10$7,271
Aug 2016178041.442.92$7,376
Jul 2016175041.622.92$7,284
Jun 20160045.352.69$0
May 2016355042.521.99$15,095
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016353026.472.06$9,344
Jan 2016176027.352.36$4,814
Dec 2015182032.362.00$5,890
Nov 2015169038.792.17$6,556
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015328040.162.87$13,172
Jul 20150048.152.95$0
Jun 201501756.152.88$49
May 20151581655.212.96$8,770
Apr 20151751249.822.71$8,751
Mar 2015172342.892.93$7,386
Feb 2015178044.662.98$7,949
Jan 20150043.433.10$0
Dec 2014170054.693.59$9,297
Nov 2014171070.464.25$12,049
Oct 20140078.303.90$0
Sep 201496086.164.05$8,271
Aug 2014159089.394.04$14,213
Jul 2014171096.564.18$16,512
Jun 2014175098.164.74$17,178
May 2014373094.734.73$35,334
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014159297.406.19$15,499
Jan 20140390.404.86$15
Dec 2013153091.824.35$14,048
Nov 2013173088.853.74$15,371
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20133290104.253.52$34,298
Jul 20131750102.523.72$17,941
Jun 2013170094.403.93$16,048
May 20130094.834.15$0
Apr 2013178093.964.28$16,725
Mar 2013175093.623.91$16,384
Feb 20131891591.233.42$17,294
Jan 2013365691.603.42$33,455
Dec 20121753786.773.42$15,311
Nov 20121727186.953.62$15,213
Oct 201202389.383.40$78
Sep 20121718194.672.92$16,425
Aug 20121777992.662.91$16,631
Jul 20121835785.133.02$15,751
Jun 20121817179.822.52$14,626
May 20121775291.612.49$16,344
Apr 201217216101.652.00$17,516
Mar 2012180103105.052.22$19,138
Feb 2012178127101.102.57$18,322
Jan 201218912998.092.73$18,892
Dec 2011015596.873.24$502
Nov 201135616395.723.31$34,616
Oct 201118214784.983.65$16,003
Sep 20111774683.623.99$14,984
Aug 201117411483.404.15$14,985
Jul 201117715694.144.52$17,367
Jun 201118219392.904.64$17,803
May 2011017598.134.40$771
Apr 2011324251105.964.33$35,419
Mar 2011016796.364.06$678
Feb 20113358285.644.18$29,032
Jan 201118218286.504.59$16,578
Dec 201017313685.734.35$15,423
Nov 201018414280.843.80$15,414
Oct 20101733078.103.51$13,617
Sep 2010174472.633.98$12,654
Aug 2010102373.684.42$7,529
Jul 201034416772.554.74$25,748
Jun 201017826370.364.91$13,816
May 201017024871.124.24$13,141
Apr 201015315881.694.12$13,150
Mar 201034611678.394.39$27,632
Feb 2010018773.585.44$1,018
Jan 201017525474.365.96$14,528
Dec 200917426671.445.48$13,889
Nov 200917623474.593.75$14,006
Oct 200917326572.544.11$13,639
Sep 200917425265.543.06$12,176
Aug 200917326967.423.22$12,529
Jul 200917429861.133.46$11,669
Jun 200918025866.163.90$12,914
May 2009027154.743.93$1,064
Apr 200917324546.773.59$8,970
Mar 200917321942.144.06$8,179
Feb 2009013932.814.63$644
Jan 200936619135.865.37$14,151
Dec 200818022737.105.98$8,035
Nov 200818320855.496.86$11,582
Oct 20081804975.246.92$13,882
Sep 2008349183101.767.88$36,956
Aug 2008174197114.228.48$21,545
Jul 2008363145131.0811.39$49,234
Jun 2008175131131.3313.03$24,690
May 20080229123.1711.57$2,651
Apr 2008173188110.3110.45$21,049
Mar 2008173135101.909.66$18,933
Feb 200816822492.538.77$17,510
Jan 200817517690.388.21$17,261
Dec 200717216688.337.30$16,405
Nov 200717513191.677.29$16,997
Oct 200717516782.856.92$15,655
Sep 200717121875.846.24$14,330
Aug 200707169.066.39$454
Jul 20071686970.906.39$12,352
Jun 20073549162.007.55$22,635
May 20071713458.747.85$10,311
Apr 2007015859.617.81$1,233
Mar 200717719556.927.30$11,499
Feb 200717013255.108.22$10,452
Jan 200717210850.306.73$9,378
Dec 200617815256.656.92$11,135
Nov 200617617354.207.62$10,857
Oct 200617021754.906.01$10,638
Sep 200617318960.085.04$11,346
Aug 200617423668.717.34$13,688
Jul 200617414469.376.34$12,984
Jun 200636120666.286.38$25,242
May 200617422366.016.42$12,919
Apr 2006013664.397.36$1,001
Mar 200617611056.707.08$10,758
Feb 200618012257.597.75$11,312
Jan 200636114260.598.93$23,142
Dec 2005014954.9413.42$1,999
Nov 200517824054.6910.59$12,276
Oct 200517628058.3413.80$14,131
Sep 200514126161.4512.08$11,817
Aug 200516420461.519.80$12,086
Jul 200515823255.697.84$10,619
Jun 200517124552.337.38$10,757
May 200531917545.226.65$15,589
Apr 200517727049.207.36$10,696
Mar 200518123750.377.15$10,813
Feb 200516323045.226.31$8,823
Jan 200518815543.166.32$9,094
Dec 200420413939.866.75$9,070
Nov 200418216445.286.33$9,279
Oct 200418318749.706.52$10,313
Sep 200418325443.245.28$9,255
Aug 2004122342.375.55$1,280
Jul 200435927338.286.08$15,404
Jun 200436022536.106.43$14,443
May 200417912737.486.49$7,534
Apr 200419025534.475.86$8,043
Mar 200418220134.365.53$7,365
Feb 200418616932.455.51$6,967
Jan 200419417432.036.30$7,310
Dec 200318118630.266.30$6,649
Nov 200318616728.804.60$6,124
Oct 200318522528.174.76$6,282
Sep 200335619026.314.75$10,269
Aug 200318222829.765.13$6,586
Jul 200318124529.415.17$6,590
Jun 200317423728.565.98$6,387
May 200335621726.595.97$10,762
Apr 200318224326.675.41$6,168
Mar 200318624931.146.10$7,310
Feb 200319031433.487.93$8,850
Jan 200318518730.315.58$6,651
Dec 200219220226.914.85$6,147
Nov 200218219624.664.14$5,299
Oct 200237628526.464.23$11,154
Sep 200218034727.443.64$6,201
Aug 200218024225.963.16$5,439
Jul 200236622624.583.06$9,688
Jun 200218426223.733.34$5,241
May 200218725424.663.58$5,522
Apr 200235723923.653.51$9,282
Mar 200219325722.003.10$5,043
Feb 200219220918.222.38$3,995
Jan 200219925717.172.38$4,027
Dec 200118425916.932.36$3,728
Nov 200136226518.072.41$7,179
Oct 200119223819.782.53$4,400
Sep 200118823324.262.25$5,085
Aug 20011951224.873.05$4,886
Jul 200117825123.933.20$5,062
Jun 200118521324.563.82$5,358
May 200137328725.524.31$10,755
Apr 200118725324.685.34$5,965
Mar 200136827624.545.38$10,515
Feb 200118624327.755.77$6,563
Jan 200118431527.478.40$7,700
Dec 200018123726.889.12$7,027
Nov 200035820232.215.66$12,674
Oct 200018424731.235.15$7,017
Sep 200019632031.875.19$7,906
Aug 200036517229.644.54$11,600
Jul 200017735428.534.09$6,498
Jun 200018533629.304.40$6,898
May 200036429327.263.68$11,001
Apr 200018028424.513.12$5,297
Mar 200035932728.422.86$11,138
Feb 200018426227.622.73$5,796
Jan 200018633625.272.48$5,534
Dec 199918628424.282.42$5,204
Nov 199936723523.192.43$9,083
Oct 199917225720.982.80$4,329
Sep 199917816621.752.62$4,306
Aug 199936133519.262.88$7,916
Jul 199917924717.892.37$3,788
Jun 199918028515.942.36$3,542
May 199918329815.792.32$3,581
Apr 199918529015.102.21$3,434
Mar 199918828112.471.84$2,861
Feb 19991832539.981.82$2,286
Jan 199936325810.381.90$4,258
Dec 19981812389.201.77$2,087
Nov 199818327210.892.19$2,587
Oct 199818431212.421.97$2,900
Sep 199836233512.592.08$5,255
Aug 199818434211.301.91$2,732
Jul 199818028811.742.24$2,758
Jun 199834835711.242.24$4,710
May 199818136512.622.21$3,090
Apr 199837128713.042.51$5,557
Mar 199818629512.802.31$3,062
Feb 199836823813.952.30$5,681
Jan 199819027714.702.15$3,390
Dec 199718131916.322.41$3,723
Nov 199718733518.193.09$4,436
Oct 199736535619.253.15$8,148
Sep 199718031317.742.95$4,118
Aug 199734736817.862.55$7,138
Jul 199717636017.582.25$3,903
Jun 199718232217.242.26$3,865
May 199737334718.972.31$7,877
Apr 199718139217.882.08$4,053
Mar 199718031618.951.94$4,024
Feb 199737719020.492.21$8,144
Jan 199718318423.483.54$4,948
Dec 199619015223.32$4,431
Nov 199636317021.97$7,975
Oct 199618027323.31$4,196
Sep 199618325422.22$4,066
Aug 199635628320.26$7,213
Jul 199618130019.55$3,539
Jun 199636430218.73$6,818
May 199617935719.43$3,478
Apr 199618131621.51$3,893
Mar 199636928719.38$7,151
Feb 199619129116.98$3,243
Jan 199634629417.07$5,906
Dec 199535730717.19$6,137
Nov 199518430616.00$2,944
Oct 199518233215.43$2,808
Sep 199517936416.18$2,896
Aug 199534136915.92$5,429
Jul 199518234415.24$2,774
Jun 199518430516.41$3,019
May 199518727417.56$3,284
Apr 199515929017.73$2,819
Mar 199517315316.44$2,844
Feb 19954552316.58$7,544
Jan 199534217815.92$5,445
Dec 199464520215.03$9,694
Nov 1994019915.90$0
Oct 199447014315.58$7,323
Sep 199433437615.29$5,107
Aug 1994041316.13$0
Jul 199432427317.56$5,689
Jun 199431230817.09$5,332
May 199431933715.88$5,066
Apr 19945089614.14$7,183
Mar 1994116112.46$12
Feb 199432329212.50$4,038
Jan 199433421312.66$4,228
Dec 1993028512.33$0
Nov 199350228714.49$7,274
Oct 199346830715.85$7,418
Sep 1993031915.03$0
Aug 199334126515.66$5,340
Jul 199336535715.46$5,643
Jun 199334525816.79$5,793
May 199336540017.68$6,453
Apr 1993041018.05$0
Mar 199335840418.14$6,494
Feb 199334837817.90$6,229
Jan 1993039416.93$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                   91 bbl  × $106.41 =     $9,683
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $9,683

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/8903 is the state's own key, not one this site invented.