UNIVERSITY "35"

Operated by QUATRO OIL AND GAS, INC. (P-5 684588) in the HOWARD DRAW (SHALLOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8994District 7CField 42954666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$622 k
Jan 1993 – May 2026
Value, last 12 filed months
$5 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 25 wells, and the rule below applies to all of them.

Discovered
1950-12-01
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 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: ALLOCATION FORMULA EFFECTIVE 10/01/92.

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
OilDisposition14,181 bbl$622,033
Casinghead gasProduction23 Mcf$5
Total$622,037

21 Mcf of this lease's gas, across 21 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 (2)

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 30.7482, -101.4821. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.74822, -101.48209 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
1,430 ft
2 wells filed one
Completion to plug
25.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 1,425 and 1,435 ft, median 1,430 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1977 – Nov 1981
2 of 2 wells
Plug dates filed
Oct 2007
1 of 2 wells; 1 filed none

Last completion to plug: a median of 25.9 years across the 1 well that filed both dates, with the middle half between 25.9 years and 25.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1053353341,435 ftNov 1981Oct 2007Yes
42-1053166921,425 ftNov 1977

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202628063.503.75$1,778
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202529059.383.30$1,722
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202525066.483.13$1,662
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202525070.884.34$1,772
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202425069.052.20$1,726
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202425075.632.06$1,891
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202426078.812.20$2,049
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202426076.091.78$1,978
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202328077.892.81$2,181
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202324074.852.64$1,796
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202327075.112.47$2,028
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202226087.185.86$2,267
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022240115.097.98$2,762
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202126071.323.90$1,854
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202124066.024.22$1,584
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202127063.483.02$1,714
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202040044.642.68$1,786
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202043038.371.83$1,650
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202043014.751.80$634
Mar 202040030.341.86$1,214
Feb 20200049.881.98$0
Jan 202041057.252.09$2,347
Dec 20190059.012.30$0
Nov 201943055.302.75$2,378
Oct 20190053.472.42$0
Sep 201941055.052.66$2,257
Aug 201943053.112.30$2,284
Jul 20190056.272.46$0
Jun 201937052.782.49$1,953
May 20190058.482.74$0
Apr 201939062.632.75$2,443
Mar 201921056.803.06$1,193
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201822052.934.24$1,164
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201821065.142.93$1,368
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201821061.222.79$1,286
Feb 20180061.782.77$0
Jan 201822062.874.01$1,383
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201743049.292.98$2,119
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201735042.493.09$1,487
May 201744045.373.26$1,996
Apr 201739047.933.21$1,869
Mar 20170046.772.98$0
Feb 201739050.452.95$1,968
Jan 20170049.413.42$0
Dec 201644048.763.72$2,145
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201644041.553.10$1,828
Aug 20160041.442.92$0
Jul 201677041.622.92$3,205
Jun 20160045.352.69$0
May 201656042.521.99$2,381
Apr 201641036.561.99$1,499
Mar 201640033.011.79$1,320
Feb 20160026.472.06$0
Jan 201642027.352.36$1,149
Dec 201541032.362.00$1,327
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201544042.992.76$1,892
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201543055.212.96$2,374
Apr 201543049.822.71$2,142
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201541043.433.10$1,781
Dec 20140054.693.59$0
Nov 201483070.464.25$5,848
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 201442089.394.04$3,754
Jul 201441096.564.18$3,959
Jun 201441098.164.74$4,025
May 20140094.734.73$0
Apr 201480095.944.81$7,675
Mar 201444095.895.06$4,219
Feb 201442097.406.19$4,091
Jan 20140090.404.86$0
Dec 201344091.824.35$4,040
Nov 20130088.853.74$0
Oct 201384097.423.78$8,183
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201339094.403.93$3,682
May 20130094.834.15$0
Apr 201344093.964.28$4,134
Mar 20130093.623.91$0
Feb 201343091.233.42$3,923
Jan 201346091.603.42$4,214
Dec 201243086.773.42$3,731
Nov 20120086.953.62$0
Oct 201241089.383.40$3,665
Sep 20120094.672.92$0
Aug 201287092.662.91$8,061
Jul 20120085.133.02$0
Jun 201244079.822.52$3,512
May 201246091.612.49$4,214
Apr 201200101.652.00$0
Mar 2012430105.052.22$4,517
Feb 2012430101.102.57$4,347
Jan 201242098.092.73$4,120
Dec 201185096.873.24$8,234
Nov 201142095.723.31$4,020
Oct 201144084.983.65$3,739
Sep 201140083.623.99$3,345
Aug 201141083.404.15$3,419
Jul 201139094.144.52$3,671
Jun 201143092.904.64$3,995
May 201145098.134.40$4,416
Apr 201100105.964.33$0
Mar 201143096.364.06$4,143
Feb 201141085.644.18$3,511
Jan 201141086.504.59$3,547
Dec 201044085.734.35$3,772
Nov 201044080.843.80$3,557
Oct 201041078.103.51$3,202
Sep 201043072.633.98$3,123
Aug 201041073.684.42$3,021
Jul 20100072.554.74$0
Jun 201039070.364.91$2,744
May 201042071.124.24$2,987
Apr 201043081.694.12$3,513
Mar 201041078.394.39$3,214
Feb 201043073.585.44$3,164
Jan 201044074.365.96$3,272
Dec 20090071.445.48$0
Nov 200944074.593.75$3,282
Oct 200942072.544.11$3,047
Sep 200942065.543.06$2,753
Aug 200940067.423.22$2,697
Jul 200937061.133.46$2,262
Jun 200943066.163.90$2,845
May 200944054.743.93$2,409
Apr 200940046.773.59$1,871
Mar 200943042.144.06$1,812
Feb 200941032.814.63$1,345
Jan 200942035.865.37$1,506
Dec 200844037.105.98$1,632
Nov 200841055.496.86$2,275
Oct 200831075.246.92$2,332
Sep 2008400101.767.88$4,070
Aug 2008390114.228.48$4,455
Jul 2008410131.0811.39$5,374
Jun 2008380131.3313.03$4,991
May 2008340123.1711.57$4,188
Apr 2008410110.3110.45$4,523
Mar 2008400101.909.66$4,076
Feb 200841092.538.77$3,794
Jan 200842090.388.21$3,796
Dec 200743088.337.30$3,798
Nov 200742091.677.29$3,850
Oct 200783082.856.92$6,877
Sep 200742075.846.24$3,185
Aug 200739069.066.39$2,693
Jul 200741070.906.39$2,907
Jun 200742062.007.55$2,604
May 200742058.747.85$2,467
Apr 200783059.617.81$4,948
Mar 200739056.927.30$2,220
Feb 20070055.108.22$0
Jan 200739050.306.73$1,962
Dec 200684056.656.92$4,759
Nov 200640054.207.62$2,168
Oct 200680054.906.01$4,392
Sep 200641060.085.04$2,463
Aug 200679068.717.34$5,428
Jul 200640069.376.34$2,775
Jun 200672066.286.38$4,772
May 200640066.016.42$2,640
Apr 200642064.397.36$2,704
Mar 200676056.707.08$4,309
Feb 200639057.597.75$2,246
Jan 200683060.598.93$5,029
Dec 200539054.9413.42$2,143
Nov 200577054.6910.59$4,211
Oct 200542058.3413.80$2,450
Sep 200541061.4512.08$2,519
Aug 200581061.519.80$4,982
Jul 200541055.697.84$2,283
Jun 200580052.337.38$4,186
May 200540045.226.65$1,809
Apr 200582049.207.36$4,034
Mar 200541050.377.15$2,065
Feb 200541045.226.31$1,854
Jan 200579043.166.32$3,410
Dec 200483039.866.75$3,308
Nov 200442045.286.33$1,902
Oct 200442049.706.52$2,087
Sep 200443043.245.28$1,859
Aug 200485042.375.55$3,601
Jul 200443038.286.08$1,646
Jun 200480036.106.43$2,888
May 200487037.486.49$3,261
Apr 200442034.475.86$1,448
Mar 200463034.365.53$2,165
Feb 200488032.455.51$2,856
Jan 200438032.036.30$1,217
Dec 200386030.266.30$2,602
Nov 200341028.804.60$1,181
Oct 200383028.174.76$2,338
Sep 200339026.314.75$1,026
Aug 200346029.765.13$1,369
Jul 200342029.415.17$1,235
Jun 200386028.565.98$2,456
May 200340026.595.97$1,064
Apr 200340026.675.41$1,067
Mar 200381031.146.10$2,522
Feb 200345033.487.93$1,507
Jan 200388030.315.58$2,667
Dec 200242026.914.85$1,130
Nov 200245024.664.14$1,110
Oct 200289026.464.23$2,355
Sep 200245027.443.64$1,235
Aug 200243025.963.16$1,116
Jul 2002133024.583.06$3,269
Jun 200244023.733.34$1,044
May 200244024.663.58$1,085
Apr 200289023.653.51$2,105
Mar 200243022.003.10$946
Feb 200289018.222.38$1,622
Jan 200246017.172.38$790
Dec 200145016.932.36$762
Nov 200144018.072.41$795
Oct 20010019.782.53$0
Sep 200145024.262.25$1,092
Aug 200145024.873.05$1,119
Jul 20010023.933.20$0
Jun 200144024.563.82$1,081
May 200144025.524.31$1,123
Apr 200186024.685.34$2,122
Mar 200143024.545.38$1,055
Feb 2001228027.755.77$6,327
Jan 200132027.478.40$879
Dec 20000026.889.12$0
Nov 200045032.215.66$1,449
Oct 200045031.235.15$1,405
Sep 20000031.875.19$0
Aug 200088029.644.54$2,608
Jul 200044028.534.09$1,255
Jun 20000029.304.40$0
May 200045027.263.68$1,227
Apr 20000024.513.12$0
Mar 200044028.422.86$1,250
Feb 20000027.622.73$0
Jan 200046025.272.48$1,162
Dec 19990024.282.42$0
Nov 199985023.192.43$1,971
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199941019.262.88$790
Jul 19990017.892.37$0
Jun 199944015.942.36$701
May 199913015.792.32$205
Apr 19990015.102.21$0
Mar 199944012.471.84$549
Feb 1999009.981.82$0
Jan 199945010.381.90$467
Dec 19989009.201.77$828
Nov 199845010.892.19$490
Oct 199845012.421.97$559
Sep 199845012.592.08$567
Aug 199845011.301.91$509
Jul 199845011.742.24$528
Jun 199845011.242.24$506
May 199845012.622.21$568
Apr 199845013.042.51$587
Mar 199846012.802.31$589
Feb 199845013.952.30$628
Jan 199846014.702.15$676
Dec 199791016.322.41$1,485
Nov 199746018.193.09$837
Oct 199746019.253.15$886
Sep 199745017.742.95$798
Aug 19970117.862.55$3
Jul 199745117.582.25$793
Jun 199746017.242.26$793
May 199790018.972.31$1,707
Apr 199746017.882.08$822
Mar 199791018.951.94$1,724
Feb 19970020.492.21$0
Jan 199745023.483.54$1,057
Dec 199691023.32$2,122
Nov 199645021.97$989
Oct 199645023.31$1,049
Sep 199644022.22$978
Aug 19960020.26$0
Jul 199645019.55$880
Jun 199687018.73$1,630
May 199644019.43$855
Apr 199643021.51$925
Mar 199644019.38$853
Feb 199645016.98$764
Jan 199644017.07$751
Dec 199591017.19$1,564
Nov 199544016.00$704
Oct 199543015.43$663
Sep 199545016.18$728
Aug 199588015.92$1,401
Jul 199544015.24$671
Jun 199543016.41$706
May 199586017.56$1,510
Apr 199544017.73$780
Mar 199588016.44$1,447
Feb 199544016.58$730
Jan 199543015.92$685
Dec 199442015.03$631
Nov 199444015.90$700
Oct 199444015.58$686
Sep 199487115.29$1,330
Aug 199488116.13$1,419
Jul 199444117.56$773
Jun 199484117.09$1,436
May 199443115.88$683
Apr 199487114.14$1,230
Mar 199488112.46$1,096
Feb 199445112.50$563
Jan 199488112.66$1,114
Dec 199346112.33$567
Nov 199391114.49$1,319
Oct 199392115.85$1,458
Sep 199387115.03$1,308
Aug 199386115.66$1,347
Jul 199387115.46$1,345
Jun 199343116.79$722
May 199389117.68$1,574
Apr 199386118.05$1,552
Mar 199341118.14$744
Feb 199379117.90$1,414
Jan 199338116.93$643

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.

Feb 2026 — as filed, then multipliedworked
Oil                   28 bbl  × $ 63.50 =     $1,778
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $1,778

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/8994 is the state's own key, not one this site invented.