UNIVERSITY "2"

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 9505District 7CField 30243500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$10.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$327 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
OilDisposition157,586 bbl$9,615,660
Casinghead gasProduction149,544 Mcf$552,323
Total$10,167,983

3,212 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 30.9877, -101.3305. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

30.98790, -101.33040 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
1,947 ft
5 wells filed one
Completion to plug
17.9 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 1,892 and 1,993 ft, median 1,947 ft, over the 5 wells that filed a depth.

Completions filed
Mar 1982 – Jan 2010
5 of 5 wells
Plug dates filed
Feb 2000
1 of 5 wells; 4 filed none

Last completion to plug: a median of 17.9 years across the 1 well that filed both dates, with the middle half between 17.9 years and 17.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1054098851,993 ftJan 2010
42-1053737041,950 ftNov 1996
42-1053726121,915 ftMay 1996
42-1053726031,947 ftMay 1996
42-1053389611,892 ftMar 1982Feb 2000Yes

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 2026338210106.413.05$36,606
Apr 202635520898.932.87$35,717
Mar 202636321189.753.15$33,244
Feb 202634218063.503.75$22,392
Jan 202635521659.138.00$22,719
Dec 202535717056.664.41$20,978
Nov 202552029058.593.93$31,605
Oct 202534126559.383.30$21,124
Sep 202533625962.743.08$21,878
Aug 202550828363.933.01$33,330
Jul 202534025766.743.32$23,544
Jun 202535426366.483.13$24,357
May 202534428860.553.23$21,760
Apr 202551628062.363.54$33,170
Mar 202534228167.704.27$24,353
Feb 202549918670.884.34$36,177
Jan 202534819774.324.28$26,706
Dec 202434522568.993.12$24,504
Nov 202451123469.052.20$35,799
Oct 202435625571.372.28$25,989
Sep 202434123569.612.36$24,293
Aug 202451122275.632.06$39,105
Jul 202433024079.932.15$26,892
Jun 202434027578.082.63$27,272
May 202451527978.812.20$41,201
Apr 202433125084.451.66$28,368
Mar 202434928280.301.55$28,460
Feb 202434224176.091.78$26,453
Jan 202432624973.023.30$24,626
Dec 202335124271.262.61$25,644
Nov 202335327177.892.81$28,256
Oct 202352736385.443.09$46,148
Sep 202317230989.042.74$16,160
Aug 202351039480.522.67$42,118
Jul 202317133474.852.64$13,682
Jun 202333834868.962.26$24,094
May 202351636670.622.23$37,255
Apr 202334130878.122.24$27,328
Mar 202351031572.852.39$37,907
Feb 202333327575.112.47$25,690
Jan 202333931876.533.39$27,021
Dec 202235330176.415.73$28,697
Nov 202234026385.005.65$30,385
Oct 202268638887.185.86$62,081
Sep 202232841784.888.16$31,245
Aug 202233641594.529.13$35,546
Jul 2022329310101.587.54$35,758
Jun 2022343422115.097.98$42,842
May 2022350403109.378.43$41,678
Apr 2022506296104.226.84$54,759
Mar 2022337307108.885.08$38,251
Feb 202235524391.054.86$33,503
Jan 202217225281.844.54$15,220
Dec 202134418871.323.90$25,267
Nov 202152214277.435.24$41,162
Oct 202116526679.795.71$14,685
Sep 202152125269.865.35$37,745
Aug 202134821366.024.22$23,874
Jul 202134926870.783.98$25,769
Jun 202133636869.493.38$24,593
May 202150035363.483.02$32,805
Apr 202133432260.362.76$21,048
Mar 202149132361.302.72$30,976
Feb 202134715457.805.55$20,911
Jan 202133919150.412.81$17,626
Dec 202048423244.642.68$22,226
Nov 202048825938.772.71$19,621
Oct 202032223636.972.48$12,489
Sep 202032418037.091.99$12,376
Aug 202050124939.982.39$20,624
Jul 202065638838.371.83$25,879
Jun 202050546734.901.69$18,414
May 2020019116.921.81$347
Apr 202001814.751.80$32
Mar 202052010530.341.86$15,972
Feb 20203337849.881.98$16,765
Jan 202049115057.252.09$28,424
Dec 201950315659.012.30$30,042
Nov 201932739355.302.75$19,164
Oct 201933046953.472.42$18,779
Sep 201950157755.052.66$29,113
Aug 201934741553.112.30$19,385
Jul 201950249256.272.46$29,458
Jun 20193455252.782.49$18,339
May 201950549858.482.74$30,897
Apr 201951050362.632.75$33,325
Mar 201934041556.803.06$20,583
Feb 201952743550.852.79$28,013
Jan 201952334346.033.23$25,181
Dec 201851433746.594.19$25,358
Nov 201832048452.934.24$18,988
Oct 201850729361.443.40$32,146
Sep 201850654359.543.11$31,815
Aug 201832733459.403.07$20,448
Jul 201850648765.142.93$34,389
Jun 201834636060.183.08$21,930
May 201852432365.382.90$35,196
Apr 201833325363.842.90$21,993
Mar 201850939461.222.79$32,259
Feb 201833538161.782.77$21,750
Jan 201866339162.874.01$43,250
Dec 201718339057.272.92$11,620
Nov 201733936755.423.12$19,932
Oct 201768838849.292.98$35,069
Sep 201734143747.523.09$17,553
Aug 201732649345.373.00$16,272
Jul 201750450843.873.09$23,679
Jun 201751450742.493.09$23,405
May 201733353045.373.26$16,838
Apr 201751150547.933.21$26,114
Mar 201750757946.772.98$25,440
Feb 201750441050.452.95$26,637
Jan 201752350649.413.42$27,571
Dec 201635843848.763.72$19,087
Nov 201669456242.492.64$30,974
Oct 201652762246.193.09$26,264
Sep 201651159441.553.10$23,074
Aug 201651159241.442.92$22,907
Jul 201667764041.622.92$30,048
Jun 201649250645.352.69$23,671
May 201649754842.521.99$22,224
Apr 201652262236.561.99$20,323
Mar 201650757133.011.79$17,760
Feb 201666763726.472.06$18,970
Jan 201663924527.352.36$18,056
Dec 201548153732.362.00$16,640
Nov 201549954838.792.17$20,544
Oct 201568864743.552.43$31,532
Sep 201549562342.992.76$22,999
Aug 201548556340.162.87$21,095
Jul 201565863548.152.95$33,553
Jun 201550861556.152.88$30,297
May 201549167655.212.96$29,106
Apr 201565961849.822.71$34,504
Mar 201566959042.892.93$30,425
Feb 201550549644.662.98$24,029
Jan 201568556043.433.10$31,486
Dec 201459359754.693.59$34,575
Nov 201452459970.464.25$39,468
Oct 201468073678.303.90$56,115
Sep 201471370686.164.05$64,288
Aug 201470366789.394.04$65,533
Jul 201451691396.564.18$53,641
Jun 201467960598.164.74$69,516
May 20145102,26694.734.73$59,023
Apr 201466968995.944.81$67,497
Mar 201467460595.895.06$67,689
Feb 201467871297.406.19$70,446
Jan 201467670090.404.86$64,513
Dec 201387065491.824.35$82,731
Nov 201350447188.853.74$46,541
Oct 201366967097.423.78$67,706
Sep 2013506685104.113.72$55,226
Aug 20137212,047104.253.52$82,375
Jul 20137041,531102.523.72$77,866
Jun 20135211,39694.403.93$54,673
May 201370674094.834.15$70,020
Apr 201367238493.964.28$64,786
Mar 201369593293.623.91$68,713
Feb 201352673291.233.42$50,490
Jan 20131,01377091.603.42$95,424
Dec 201267671586.773.42$61,102
Nov 201250049186.953.62$45,255
Oct 201285375689.383.40$78,811
Sep 201251478194.672.92$50,940
Aug 201228482692.662.91$28,718
Jul 201268796885.133.02$61,408
Jun 20126841,03379.822.52$57,199
May 20126931,19491.612.49$66,457
Apr 20126891,163101.652.00$72,359
Mar 20126771,226105.052.22$73,843
Feb 20128121,109101.102.57$84,944
Jan 20121,0441,15598.092.73$105,564
Dec 20117111,26796.873.24$72,979
Nov 20118881,30695.723.31$89,324
Oct 20111,0231,40584.983.65$92,061
Sep 20116721,45483.623.99$61,988
Aug 20118691,53883.404.15$78,856
Jul 20111,1091,47294.144.52$111,051
Jun 20111,2141,56792.904.64$120,051
May 20118721,59098.134.40$92,573
Apr 20118761,696105.964.33$100,170
Mar 20111,2321,74296.364.06$125,783
Feb 20111,0281,58485.644.18$94,659
Jan 20111,3711,86086.504.59$127,127
Dec 20101,5181,85185.734.35$138,186
Nov 20101,7312,02380.843.80$147,612
Oct 20101,4722,07578.103.51$122,244
Sep 20101,5682,06372.633.98$122,093
Aug 20101,9932,15473.684.42$156,364
Jul 20101,5811,68272.554.74$122,668
Jun 20108061,06270.364.91$61,925
May 20101,6761,23771.124.24$124,436
Apr 201076676481.694.12$65,724
Mar 201043536278.394.39$35,688
Feb 201060646873.585.44$47,137
Jan 20102628874.365.96$20,007
Dec 20091393771.445.48$10,133
Nov 20092634474.593.75$19,782
Oct 20092474972.544.11$18,119
Sep 20091394965.543.06$9,260
Aug 20092775667.423.22$18,856
Jul 20092655861.133.46$16,400
Jun 20091345466.163.90$9,076
May 20093995554.743.93$22,057
Apr 20092455046.773.59$11,638
Mar 20091394642.144.06$6,044
Feb 20094083232.814.63$13,535
Jan 20091382635.865.37$5,088
Dec 2008277037.105.98$10,277
Nov 20081324855.496.86$7,654
Oct 20081342175.246.92$10,228
Sep 200826228101.767.88$26,882
Aug 200827947114.228.48$32,266
Jul 200813939131.0811.39$18,664
Jun 200814023131.3313.03$18,686
May 20082580123.1711.57$31,778
Apr 20082490110.3110.45$27,467
Mar 200828617101.909.66$29,308
Feb 20081356892.538.77$13,088
Jan 20082767290.388.21$25,536
Dec 200714610788.337.30$13,677
Nov 20072808291.677.29$26,266
Oct 20072749082.856.92$23,324
Sep 200716913775.846.24$13,672
Aug 200725912269.066.39$18,666
Jul 200713111770.906.39$10,035
Jun 20073951362.007.55$24,588
May 200713411758.747.85$8,789
Apr 200739113059.617.81$24,322
Mar 2007129056.927.30$7,343
Feb 20073981455.108.22$22,045
Jan 20071338850.306.73$7,282
Dec 200640311056.656.92$23,591
Nov 200613216254.207.62$8,388
Oct 200639517354.906.01$22,726
Sep 200613118660.085.04$8,807
Aug 200626017368.717.34$19,134
Jul 200625221769.376.34$18,858
Jun 200625712166.286.38$17,806
May 200626016766.016.42$18,236
Apr 200626816464.397.36$18,464
Mar 20062685356.707.08$15,571
Feb 20062644357.597.75$15,537
Jan 200626813360.598.93$17,426
Dec 200539814354.9413.42$23,785
Nov 200513625154.6910.59$10,096
Oct 200526022158.3413.80$18,217
Sep 200525610961.4512.08$17,048
Aug 200525923461.519.80$18,224
Jul 200526226055.697.84$16,630
Jun 200526123052.337.38$15,356
May 200526221945.226.65$13,304
Apr 200526422749.207.36$14,660
Mar 200526831650.377.15$15,760
Feb 200526423845.226.31$13,440
Jan 200526726743.166.32$13,212
Dec 200426820039.866.75$12,033
Nov 200426617745.286.33$13,165
Oct 200426517549.706.52$14,311
Sep 200427023143.245.28$12,895
Aug 200426423742.375.55$12,501
Jul 200439423038.286.08$16,482
Jun 20042669636.106.43$10,220
May 200426627937.486.49$11,782
Apr 200426710134.475.86$9,795
Mar 200427021334.365.53$10,455
Feb 2004269032.455.51$8,729
Jan 200427017732.036.30$9,763
Dec 200326921730.266.30$9,507
Nov 200325917628.804.60$8,268
Oct 200326723928.174.76$8,659
Sep 200339718426.314.75$11,319
Aug 200326825729.765.13$9,294
Jul 200326524229.415.17$9,045
Jun 200325516228.565.98$8,252
May 200339718226.595.97$11,643
Apr 200326225026.675.41$8,339
Mar 200326223031.146.10$9,561
Feb 200326724733.487.93$10,897
Jan 200326219630.315.58$9,035
Dec 200240513926.914.85$11,573
Nov 200226211524.664.14$6,937
Oct 200226423626.464.23$7,984
Sep 200226728327.443.64$8,355
Aug 200239321125.963.16$10,870
Jul 200226224424.583.06$7,187
Jun 200225723023.733.34$6,866
May 200225527624.663.58$7,277
Apr 200225218423.653.51$6,606
Mar 200238023022.003.10$9,074
Feb 200226614918.222.38$5,201
Jan 200226717217.172.38$4,993
Dec 200139116616.932.36$7,012
Nov 20012578918.072.41$4,858
Oct 200130326819.782.53$6,671
Sep 200112419624.262.25$3,450
Aug 200122031024.873.05$6,418
Jul 200123638923.933.20$6,891
Jun 200132320524.563.82$8,717
May 200125133125.524.31$7,831
Apr 200136322324.685.34$10,149
Mar 200127124524.545.38$7,968
Feb 200124323027.755.77$8,070
Jan 200122912827.478.40$7,366
Dec 200038619626.889.12$12,164
Nov 200025519432.215.66$9,311
Oct 200025718231.235.15$8,963
Sep 200036015731.875.19$12,287
Aug 200025622929.644.54$8,628
Jul 20002598028.534.09$7,716
Jun 2000276029.304.40$8,087
May 200039016927.263.68$11,253
Apr 200025416824.513.12$6,749
Mar 20002648828.422.86$7,755
Feb 200016124327.622.73$5,109
Jan 200030425925.272.48$8,325
Dec 199953724224.282.42$13,625
Nov 199920411123.192.43$5,001
Oct 199933222620.982.80$7,599
Sep 199932823521.752.62$7,749
Aug 199931022519.262.88$6,618
Jul 199921226117.892.37$4,412
Jun 199930629315.942.36$5,570
May 199948431915.792.32$8,383
Apr 19993315615.102.21$5,122
Mar 199916517412.471.84$2,377
Feb 19993261169.981.82$3,464
Jan 199948318310.381.90$5,361
Dec 19983222979.201.77$3,489
Nov 199815532810.892.19$2,405
Oct 199848438012.421.97$6,760
Sep 199833924212.592.08$4,772
Aug 199829734111.301.91$4,007
Jul 199833720111.742.24$4,406
Jun 199832915811.242.24$4,051
May 199846322112.622.21$6,331
Apr 199832063813.042.51$5,771
Mar 199846263712.802.31$7,385
Feb 199831745913.952.30$5,477
Jan 199832357114.702.15$5,978
Dec 199748453216.322.41$9,182
Nov 199734055318.193.09$7,892
Oct 199748152219.253.15$10,903
Sep 199728957617.742.95$6,829
Aug 199749833117.862.55$9,740
Jul 199746049417.582.25$9,197
Jun 199747736117.242.26$9,038
May 199747824618.972.31$9,636
Apr 199745946317.882.08$9,171
Mar 199745152318.951.94$9,561
Feb 199748143420.492.21$10,813
Jan 199741246723.483.54$11,327
Dec 199660446623.32$14,085
Nov 199662854021.97$13,797
Oct 199632621723.31$7,599
Sep 199633521722.22$7,444
Aug 199634226220.26$6,929
Jul 199649646819.55$9,697
Jun 199645957018.73$8,597
May 199615919819.43$3,089
Apr 19960121.51$0
Mar 1996135119.38$2,616
Feb 19960116.98$0
Jan 19960817.07$0
Dec 19950217.19$0
Nov 19950216.00$0
Oct 19950915.43$0
Sep 199501616.18$0
Aug 199502115.92$0
Jul 199501615.24$0
Jun 199501516.41$0
May 19950817.56$0
Apr 19950417.73$0
Mar 1995147516.44$2,417
Feb 19950216.58$0
Jan 19950415.92$0
Dec 19940515.03$0
Nov 19940615.90$0
Oct 19940815.58$0
Sep 19940415.29$0
Aug 19940316.13$0
Jul 19940617.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 19940114.14$0
Mar 1994166712.46$2,068
Feb 19940712.50$0
Jan 19940312.66$0
Dec 19930712.33$0
Nov 19930414.49$0
Oct 19930115.85$0
Sep 19930215.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 19930517.68$0
Apr 19930518.05$0
Mar 19930618.14$0
Feb 19930617.90$0
Jan 19931386816.93$2,336

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                  338 bbl  × $106.41 =    $35,967
Casinghead gas       210 Mcf  × $  3.05 =       $640

────────────────────────────────────────────────────
Month total                                  $36,606

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/9505 is the state's own key, not one this site invented.