UNIVERSITY -3N-

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 8922District 7CField 30243500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$6.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$251 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
OilDisposition92,276 bbl$6,193,720
Casinghead gasProduction59,320 Mcf$203,322
Total$6,397,042

2,718 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 (6)

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 30.9934, -101.3468. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

30.99414, -101.34519 · 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
33.3%
2 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
2,323 ft
6 wells filed one
Completion to plug
4.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
233.3%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
NeitherNo plug date, and not on the schedule.
466.7%

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 2,120 and 2,400 ft, median 2,323 ft, over the 6 wells that filed a depth.

Completions filed
Jun 1981 – Apr 2014
6 of 6 wells
Plug dates filed
Jun 2018
2 of 6 wells; 4 filed none

Last completion to plug: a median of 4.7 years across the 2 wells that filed both dates, with the middle half between 4.4 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-1054186362,379 ftApr 2014Jun 2018Yes
42-1054160552,400 ftApr 2013Jun 2018Yes
42-1054142042,300 ftJun 2012
42-1054117832,346 ftNov 2010
42-1054098922,150 ftFeb 2010
42-1053341512,120 ftJun 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 2026181133106.413.05$19,665
Apr 202634811298.932.87$34,749
Mar 202634012089.753.15$30,893
Feb 20261736863.503.75$11,241
Jan 20263666159.138.00$22,129
Dec 20253483256.664.41$19,859
Nov 20253448158.593.93$20,473
Oct 202517216859.383.30$10,769
Sep 202535619662.743.08$22,939
Aug 202535121263.933.01$23,079
Jul 202534222066.743.32$23,554
Jun 202516916766.483.13$11,758
May 202534117460.553.23$21,210
Apr 202534017062.363.54$21,805
Mar 202534116067.704.27$23,769
Feb 202534812070.884.34$25,187
Jan 202517519974.324.28$13,857
Dec 202434112768.993.12$23,922
Nov 202433618069.052.20$23,597
Oct 202434418671.372.28$24,976
Sep 202434215669.612.36$24,175
Aug 202434121275.632.06$26,227
Jul 20243461079.932.15$27,677
Jun 20243491378.082.63$27,284
May 20243265578.812.20$25,813
Apr 20241756584.451.66$14,887
Mar 202433918780.301.55$27,511
Feb 202435120476.091.78$27,071
Jan 202435515173.023.30$26,420
Dec 20231789171.262.61$12,922
Nov 20235048177.892.81$39,484
Oct 202317130885.443.09$15,561
Sep 202335827489.042.74$32,626
Aug 202333823980.522.67$27,855
Jul 20231771174.852.64$13,278
Jun 202335925768.962.26$25,337
May 202334017270.622.23$24,394
Apr 202335814378.122.24$28,287
Mar 202335825972.852.39$26,700
Feb 202335011475.112.47$26,570
Jan 20233439276.533.39$26,561
Dec 20223429776.415.73$26,688
Nov 202234714985.005.65$30,336
Oct 202251619187.185.86$46,105
Sep 202217920584.888.16$16,867
Aug 202235021294.529.13$35,017
Jul 2022349224101.587.54$37,141
Jun 2022343208115.097.98$41,135
May 2022166211109.378.43$19,935
Apr 2022341227104.226.84$37,091
Mar 2022344223108.885.08$38,587
Feb 202233520191.054.86$31,478
Jan 202218220981.844.54$15,843
Dec 20213409771.323.90$24,627
Nov 20213482877.435.24$27,092
Oct 20215013379.795.71$40,163
Sep 20211763069.865.35$12,456
Aug 20213432766.024.22$22,759
Jul 2021349070.783.98$24,702
Jun 2021348069.493.38$24,183
May 202134712063.483.02$22,390
Apr 20213421860.362.76$20,693
Mar 2021356161.302.72$21,826
Feb 20211792057.805.55$10,457
Jan 20213353850.412.81$16,994
Dec 20203413244.642.68$15,308
Nov 20203434338.772.71$13,414
Oct 20203254536.972.48$12,127
Sep 20201634837.091.99$6,141
Aug 20204955639.982.39$19,924
Jul 20203476238.371.83$13,428
Jun 20206708334.901.69$23,523
May 202005716.921.81$103
Apr 20200714.751.80$13
Mar 20203468730.341.86$10,659
Feb 202032410349.881.98$16,365
Jan 20203309357.252.09$19,087
Dec 201934522659.012.30$20,879
Nov 201933825255.302.75$19,385
Oct 201934028953.472.42$18,879
Sep 201934925255.052.66$19,882
Aug 201935228053.112.30$19,340
Jul 201934723056.272.46$20,092
Jun 20193382052.782.49$17,889
May 201935220758.482.74$21,152
Apr 201916423062.632.75$10,904
Mar 201952221156.803.06$30,296
Feb 201935021650.852.79$18,401
Jan 201933820346.033.23$16,213
Dec 201835120446.594.19$17,207
Nov 201834326852.934.24$19,291
Oct 201833424361.443.40$21,347
Sep 201834221259.543.11$21,022
Aug 201834327959.403.07$21,230
Jul 201836231665.142.93$24,507
Jun 201829225960.183.08$18,369
May 201850426365.382.90$33,714
Apr 201835820963.842.90$23,461
Mar 201834023361.222.79$21,464
Feb 201853021761.782.77$33,344
Jan 201850429562.874.01$32,869
Dec 201716225957.272.92$10,034
Nov 201752235555.423.12$30,036
Oct 201734841849.292.98$18,400
Sep 201733740747.523.09$17,271
Aug 201750937045.373.00$24,205
Jul 201733138943.873.09$15,722
Jun 201750934742.493.09$22,699
May 201733837645.373.26$16,562
Apr 201748334547.933.21$24,258
Mar 201750231546.772.98$24,418
Feb 201716611450.452.95$8,711
Jan 201734131049.413.42$17,909
Dec 201652735848.763.72$27,029
Nov 201634838842.492.64$15,813
Oct 201650740846.193.09$24,679
Sep 201634640741.553.10$15,638
Aug 201651341741.442.92$22,478
Jul 201651147241.622.92$22,648
Jun 201634344245.352.69$16,742
May 201648745042.521.99$21,603
Apr 201634846836.561.99$13,655
Mar 201648650733.011.79$16,952
Feb 201650062926.472.06$14,533
Jan 201636155327.352.36$11,181
Dec 201564556832.362.00$22,009
Nov 201550957438.792.17$20,988
Oct 201552164443.552.43$24,252
Sep 201549863942.992.76$23,172
Aug 201535160740.162.87$15,840
Jul 201568762348.152.95$34,914
Jun 201534159656.152.88$20,865
May 201550863055.212.96$29,909
Apr 201569459449.822.71$36,183
Mar 201563459442.892.93$28,935
Feb 201551753144.662.98$24,670
Jan 201551665543.433.10$24,441
Dec 201451757654.693.59$30,343
Nov 201450758270.464.25$38,198
Oct 201468668578.303.90$56,386
Sep 201452141086.164.05$46,548
Aug 201469570689.394.04$64,975
Jul 201451292196.564.18$53,288
Jun 201484346598.164.74$84,952
May 201450283594.734.73$51,501
Apr 201486288695.944.81$86,961
Mar 201452150995.895.06$52,533
Feb 201469467697.406.19$71,781
Jan 201468969190.404.86$65,644
Dec 201369461891.824.35$66,414
Nov 201334146188.853.74$32,021
Oct 201386786397.423.78$87,725
Sep 2013883986104.113.72$95,595
Aug 2013510414104.253.52$54,626
Jul 2013495422102.523.72$52,316
Jun 201351256794.403.93$50,563
May 201386475194.834.15$85,049
Apr 20136491,21793.964.28$66,192
Mar 201349172093.623.91$48,785
Feb 201365029091.233.42$60,291
Jan 201366840291.603.42$62,564
Dec 201265725886.773.42$57,890
Nov 201278734286.953.62$69,669
Oct 201284920989.383.40$76,594
Sep 201266916594.672.92$63,816
Aug 201266212292.662.91$61,696
Jul 20121,1602085.133.02$98,811
Jun 20128143879.822.52$65,069
May 20123293891.612.49$30,234
Apr 201231338101.652.00$31,892
Mar 201249939105.052.22$52,507
Feb 201228235101.102.57$28,600
Jan 20123263998.092.73$32,084
Dec 20113333996.873.24$32,384
Nov 20115043895.723.31$48,369
Oct 20113323984.983.65$28,356
Sep 20113363883.623.99$28,248
Aug 20113333983.404.15$27,934
Jul 20114583994.144.52$43,292
Jun 20114983892.904.64$46,441
May 20115163998.134.40$50,807
Apr 201150638105.964.33$53,780
Mar 20117993996.364.06$77,150
Feb 20114923585.644.18$42,281
Jan 20118443986.504.59$73,185
Dec 20101,0143985.734.35$87,100
Nov 20101423880.843.80$11,624
Oct 201024534678.103.51$20,349
Sep 201028339872.633.98$22,138
Aug 201030132673.684.42$23,618
Jul 201028932872.554.74$22,521
Jun 201020727270.364.91$15,900
May 201032736371.124.24$24,794
Apr 201022522481.694.12$19,304
Mar 201041841178.394.39$34,571
Feb 201058253173.585.44$45,713
Jan 2010442574.365.96$3,421
Dec 2009231171.445.48$1,703
Nov 2009441374.593.75$3,331
Oct 2009421472.544.11$3,104
Sep 2009231465.543.06$1,550
Aug 2009471667.423.22$3,220
Jul 2009451761.133.46$2,810
Jun 2009231566.163.90$1,580
May 2009671654.743.93$3,730
Apr 2009411446.773.59$1,968
Mar 2009231342.144.06$1,022
Feb 200969932.814.63$2,306
Jan 200923735.865.37$862
Dec 200847037.105.98$1,744
Nov 2008221455.496.86$1,317
Oct 200823675.246.92$1,772
Sep 2008448101.767.88$4,540
Aug 20084713114.228.48$5,479
Jul 20082311131.0811.39$3,140
Jun 2008247131.3313.03$3,243
May 2008430123.1711.57$5,296
Apr 2008420110.3110.45$4,633
Mar 2008485101.909.66$4,940
Feb 200823892.538.77$2,198
Jan 200847890.388.21$4,314
Dec 2007241388.337.30$2,215
Nov 2007471091.677.29$4,381
Oct 2007461182.856.92$3,887
Sep 2007451675.846.24$3,513
Aug 2007441469.066.39$3,128
Jul 2007221470.906.39$1,649
Jun 200767262.007.55$4,169
May 2007231458.747.85$1,461
Apr 2007661559.617.81$4,051
Mar 200722056.927.30$1,252
Feb 200767255.108.22$3,708
Jan 2007221050.306.73$1,174
Dec 2006681356.656.92$3,942
Nov 2006221954.207.62$1,337
Oct 2006672054.906.01$3,799
Sep 2006222260.085.04$1,433
Aug 2006442068.717.34$3,170
Jul 2006432669.376.34$3,148
Jun 2006431466.286.38$2,939
May 2006442066.016.42$3,033
Apr 2006451964.397.36$3,037
Mar 200645656.707.08$2,594
Feb 200645557.597.75$2,630
Jan 2006451660.598.93$2,869
Dec 2005671754.9413.42$3,909
Nov 2005233054.6910.59$1,576
Oct 2005442658.3413.80$2,926
Sep 2005431361.4512.08$2,799
Aug 2005442861.519.80$2,981
Jul 2005443155.697.84$2,694
Jun 2005442752.337.38$2,502
May 2005442645.226.65$2,163
Apr 2005452749.207.36$2,413
Mar 2005453750.377.15$2,531
Feb 2005452845.226.31$2,212
Jan 2005453143.166.32$2,138
Dec 2004452439.866.75$1,956
Nov 2004452145.286.33$2,171
Oct 2004452149.706.52$2,373
Sep 2004462743.245.28$2,132
Aug 2004452842.375.55$2,062
Jul 2004672738.286.08$2,729
Jun 2004451136.106.43$1,695
May 2004453337.486.49$1,901
Apr 2004451234.475.86$1,621
Mar 2004462534.365.53$1,719
Feb 200445032.455.51$1,460
Jan 2004462132.036.30$1,606
Dec 2003452530.266.30$1,519
Nov 2003442128.804.60$1,364
Oct 2003452828.174.76$1,401
Sep 2003672126.314.75$1,863
Aug 2003453029.765.13$1,493
Jul 2003452929.415.17$1,473
Jun 2003431928.565.98$1,342
May 2003672126.595.97$1,907
Apr 2003442926.675.41$1,330
Mar 2003442731.146.10$1,535
Feb 2003452933.487.93$1,736
Jan 2003442330.315.58$1,462
Dec 2002681626.914.85$1,908
Nov 2002441324.664.14$1,139
Oct 2002442826.464.23$1,283
Sep 2002453327.443.64$1,355
Aug 2002662525.963.16$1,792
Jul 2002442924.583.06$1,170
Jun 2002432723.733.34$1,111
May 2002433324.663.58$1,179
Apr 2002432223.653.51$1,094
Mar 2002642722.003.10$1,492
Feb 200245018.222.38$820
Jan 2002452017.172.38$820
Dec 2001662016.932.36$1,165
Nov 2001431018.072.41$801
Oct 2001513119.782.53$1,087
Sep 200121024.262.25$509
Aug 2001373724.873.05$1,033
Jul 2001404623.933.20$1,104
Jun 2001552424.563.82$1,443
May 2001423925.524.31$1,240
Apr 2001612624.685.34$1,644
Mar 2001462024.545.38$1,236
Feb 2001412727.755.77$1,293
Jan 2001391527.478.40$1,197
Dec 2000652326.889.12$1,957
Nov 2000432332.215.66$1,515
Oct 2000432131.235.15$1,451
Sep 2000611931.875.19$2,043
Aug 2000432729.644.54$1,397
Jul 200044928.534.09$1,292
Jun 200047029.304.40$1,377
May 2000662027.263.68$1,873
Apr 2000432024.513.12$1,116
Mar 2000451028.422.86$1,308
Feb 200060027.622.73$1,657
Jan 200069025.272.48$1,744
Dec 1999100024.282.42$2,428
Nov 19990023.192.43$0
Oct 199973020.982.80$1,532
Sep 199970021.752.62$1,523
Aug 1999100019.262.88$1,926
Jul 199957717.892.37$1,036
Jun 1999635415.942.36$1,132
May 1999737115.792.32$1,317
Apr 19991676015.102.21$2,654
Mar 199905312.471.84$97
Feb 19990279.981.82$49
Jan 19991543410.381.90$1,663
Dec 19980289.201.77$50
Nov 199804810.892.19$105
Oct 199806212.421.97$122
Sep 19981479312.592.08$2,044
Aug 199804211.301.91$80
Jul 19981525111.742.24$1,899
Jun 1998012311.242.24$275
May 199809412.622.21$207
Apr 199815012813.042.51$2,277
Mar 199808212.802.31$189
Feb 199802213.952.30$51
Jan 19981553914.702.15$2,363
Dec 199703716.322.41$89
Nov 199705318.193.09$164
Oct 19971385919.253.15$2,842
Sep 199704317.742.95$127
Aug 19971426417.862.55$2,700
Jul 199705517.582.25$124
Jun 19971345317.242.26$2,430
May 199707018.972.31$162
Apr 19971384917.882.08$2,570
Mar 1997012118.951.94$235
Feb 19971455220.492.21$3,086
Jan 199706023.483.54$212
Dec 19961385223.32$3,218
Nov 199605221.97$0
Oct 1996150623.31$3,497
Sep 199601122.22$0
Aug 1996138120.26$2,796
Jul 19960119.55$0
Jun 19960118.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 19961491019.38$2,888
Feb 199601016.98$0
Jan 19961553217.07$2,646
Dec 199503717.19$0
Nov 199502916.00$0
Oct 19951602515.43$2,469
Sep 199503116.18$0
Aug 199503215.92$0
Jul 19951573015.24$2,393
Jun 199502616.41$0
May 19951523217.56$2,669
Apr 199505917.73$0
Mar 199505916.44$0
Feb 19951585116.58$2,620
Jan 199505215.92$0
Dec 19941655515.03$2,480
Nov 199406215.90$0
Oct 199406515.58$0
Sep 19941686715.29$2,569
Aug 199407016.13$0
Jul 199407617.56$0
Jun 19941658117.09$2,820
May 199408415.88$0
Apr 199403114.14$0
Mar 19941289912.46$1,595
Feb 199408612.50$0
Jan 19941635712.66$2,064
Dec 199309512.33$0
Nov 19931687914.49$2,434
Oct 1993010115.85$0
Sep 199308515.03$0
Aug 19931695115.66$2,647
Jul 199309615.46$0
Jun 199316310216.79$2,737
May 1993014017.68$0
Apr 199317313918.05$3,123
Mar 1993011418.14$0
Feb 1993010817.90$0
Jan 199313913416.93$2,353

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                  181 bbl  × $106.41 =    $19,260
Casinghead gas       133 Mcf  × $  3.05 =       $405

────────────────────────────────────────────────────
Month total                                  $19,665

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/8922 is the state's own key, not one this site invented.