MineralRecord
Log inSign up

UNIVERSITY "3"

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 9506District 7CField 30243500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$9.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$458 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The FARMER (SAN ANDRES) 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 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
OilDisposition137,847 bbl$8,816,604
Casinghead gasProduction179,378 Mcf$616,605
Total$9,433,208

1,262 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 30.9879, -101.3419. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

30.98734, -101.34142 · 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
28.6%
2 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
2,242 ft
7 wells filed one
Completion to plug
17.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
228.6%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
571.4%

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 2,083 and 2,350 ft, median 2,242 ft, over the 7 wells that filed a depth.

Completions filed
Mar 1982 – Feb 2018
7 of 7 wells
Plug dates filed
Jul 2016 – Jun 2017
2 of 7 wells; 5 filed none

Last completion to plug: a median of 17.3 years across the 2 wells that filed both dates, with the middle half between 8.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-1054244262,242 ftFeb 2018——
42-1054244372,245 ftFeb 2018——
42-1054238352,225 ftJul 2017——
42-1054140222,277 ftApr 2017Jun 2017Yes
42-1054186242,350 ftMar 2014——
42-1054159932,200 ftMar 2013——
42-1053389712,083 ftMar 1982Jul 2016Yes

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 2026492744106.413.05$54,620
Apr 202649470598.932.87$50,895
Mar 202651377289.753.15$48,473
Feb 202633270263.503.75$23,715
Jan 202649367859.138.00$34,574
Dec 202565945356.664.41$39,338
Nov 202551394658.593.93$33,771
Oct 202550176559.383.30$32,278
Sep 202550078062.743.08$33,770
Aug 202550583863.933.01$34,811
Jul 202549877766.743.32$35,812
Jun 202550275766.483.13$35,741
May 202567184960.553.23$43,373
Apr 202567588462.363.54$45,225
Mar 202550483267.704.27$37,672
Feb 202551269170.884.34$39,290
Jan 202567584974.324.28$53,799
Dec 202450172268.993.12$36,818
Nov 202484490669.052.20$60,270
Oct 202450380371.372.28$37,731
Sep 202448880169.612.36$35,864
Aug 202466390375.632.06$52,006
Jul 202467588979.932.15$55,861
Jun 202432497578.082.63$27,866
May 202449389378.812.20$40,817
Apr 202467991784.451.66$58,863
Mar 202448971480.301.55$40,370
Feb 202467177576.091.78$52,439
Jan 202451093873.023.30$40,333
Dec 202350465971.262.61$37,636
Nov 202351484277.892.81$42,399
Oct 20236641,12885.443.09$60,215
Sep 20233251,04789.042.74$31,802
Aug 202367598780.522.67$56,989
Jul 202349379974.852.64$39,012
Jun 202349457068.962.26$35,354
May 202366183870.622.23$48,546
Apr 20236551,06578.122.24$53,552
Mar 20235001,15572.852.39$39,189
Feb 20236731,06575.112.47$53,175
Jan 20238401,14276.533.39$68,154
Dec 20225071,02876.415.73$44,629
Nov 20226941,09885.005.65$65,190
Oct 20228211,27887.185.86$79,069
Sep 20226761,15884.888.16$66,832
Aug 20223221,30494.529.13$42,337
Jul 20228321,327101.587.54$94,523
Jun 20224901,429115.097.98$67,794
May 20226701,508109.378.43$85,995
Apr 20226651,434104.226.84$79,111
Mar 20228291,467108.885.08$97,709
Feb 20228341,30591.054.86$82,276
Jan 20224991,58781.844.54$48,039
Dec 20218281,05371.323.90$63,159
Nov 202167680677.435.24$56,564
Oct 20214881,45479.795.71$47,245
Sep 20216611,44269.865.35$53,893
Aug 20211,0051,52866.024.22$72,799
Jul 20218371,43170.783.98$64,941
Jun 20216621,44169.493.38$50,874
May 20219681,49863.483.02$65,969
Apr 20218101,51860.362.76$53,079
Mar 20219681,62061.302.72$63,740
Feb 20218121,30357.805.55$54,163
Jan 20216691,52350.412.81$38,004
Dec 20201,1781,63144.642.68$56,950
Nov 20209861,65138.772.71$42,696
Oct 20209651,92436.972.48$40,445
Sep 20209922,01637.091.99$40,807
Aug 20201,1491,94639.982.39$50,578
Jul 20201,2821,43838.371.83$51,815
Jun 20201,35995434.901.69$49,042
May 2020067416.921.81$1,223
Apr 202005814.751.80$105
Mar 20201,1471,00030.341.86$36,656
Feb 20208351,28149.881.98$44,187
Jan 20208281,36457.252.09$50,260
Dec 20191,1581,30559.012.30$71,341
Nov 20198201,24255.302.75$48,762
Oct 20198081,47353.472.42$46,766
Sep 20191,0131,54555.052.66$59,871
Aug 20199881,71653.112.30$56,427
Jul 20191,1771,94156.272.46$71,005
Jun 201998120752.782.49$52,293
May 20191,1641,89858.482.74$73,272
Apr 20191,1631,89262.632.75$78,043
Mar 20191,1821,73156.803.06$72,438
Feb 20191,1761,74750.852.79$64,678
Jan 20191,3551,63146.033.23$67,636
Dec 20181,1701,49346.594.19$60,759
Nov 20181,3411,93852.934.24$79,191
Oct 20181,3282,08261.443.40$88,667
Sep 20181,3262,29159.543.11$86,070
Aug 20181,8232,26359.403.07$115,226
Jul 20181,6882,74165.142.93$117,993
Jun 20181,8372,80660.183.08$119,185
May 20182,5283,12065.382.90$174,331
Apr 20182,5272,57263.842.90$168,785
Mar 20182,3422,87361.222.79$151,384
Feb 20186591,18161.782.77$43,980
Jan 20181,1591,44962.874.01$78,676
Dec 20178501,06257.272.92$51,782
Nov 20179761,40455.423.12$58,468
Oct 20171,1361,18849.292.98$59,538
Sep 20171,1651,75147.523.09$60,767
Aug 20171,4682,13445.373.00$73,015
Jul 20171,8001,79443.873.09$84,505
Jun 201716546042.493.09$8,431
May 201748748745.373.26$23,684
Apr 201732644847.933.21$17,064
Mar 201749640046.772.98$24,391
Feb 201749741050.452.95$26,284
Jan 201732945949.413.42$17,825
Dec 201633343448.763.72$17,853
Nov 201649242242.492.64$22,021
Oct 201632548746.193.09$16,517
Sep 201649049241.553.10$21,885
Aug 201649252841.442.92$21,933
Jul 201648352341.622.92$21,632
Jun 201645952145.352.69$22,215
May 201632239942.521.99$14,486
Apr 201632445236.561.99$12,745
Mar 201648550733.011.79$16,919
Feb 201663959526.472.06$18,142
Jan 201664854027.352.36$19,000
Dec 201531855232.362.00$11,395
Nov 201548352638.792.17$19,876
Oct 201546758943.552.43$21,767
Sep 201564260842.992.76$29,277
Aug 201564864440.162.87$27,874
Jul 201564975148.152.95$33,461
Jun 201565178456.152.88$38,814
May 201581675855.212.96$47,292
Apr 201580073349.822.71$41,840
Mar 201581978842.892.93$37,439
Feb 201560070544.662.98$28,894
Jan 201598765743.433.10$44,903
Dec 201481874654.693.59$47,416
Nov 201465361870.464.25$48,638
Oct 201495592078.303.90$78,365
Sep 201481698386.164.05$74,283
Aug 20141,13293089.394.04$104,942
Jul 20149401,32096.564.18$96,283
Jun 20141,12691898.164.74$114,877
May 20141,13442294.734.73$109,418
Apr 20141,7791,20295.944.81$176,458
Mar 20141,15499695.895.06$115,694
Feb 201448327997.406.19$48,772
Jan 201466056790.404.86$62,420
Dec 201365249591.824.35$62,022
Nov 201332249688.853.74$30,464
Oct 201365790797.423.78$67,433
Sep 2013822961104.113.72$89,151
Aug 2013797693104.253.52$85,528
Jul 2013806735102.523.72$85,364
Jun 20131,1061,36494.403.93$109,772
May 20139741,17694.834.15$97,244
Apr 20131,4811,21793.964.28$144,367
Mar 201378872893.623.91$76,621
Feb 201316829091.233.42$16,318
Jan 201363840291.603.42$59,816
Dec 201264225886.773.42$56,589
Nov 201282734286.953.62$73,147
Oct 2012020989.383.40$711
Sep 2012016594.672.92$482
Aug 2012012292.662.91$355
Jul 201202085.133.02$60
Jun 2012343879.822.52$2,810
May 2012293891.612.49$2,751
Apr 20123138101.652.00$3,227
Mar 20123239105.052.22$3,448
Feb 20123535101.102.57$3,628
Jan 2012323998.092.73$3,246
Dec 2011293996.873.24$2,936
Nov 2011323895.723.31$3,189
Oct 2011293984.983.65$2,607
Sep 2011253883.623.99$2,242
Aug 2011183983.404.15$1,663
Jul 2011293994.144.52$2,906
Jun 2011323892.904.64$3,149
May 2011223998.134.40$2,331
Apr 201112138105.964.33$12,986
Mar 2011253996.364.06$2,567
Feb 2011263585.644.18$2,373
Jan 2011353986.504.59$3,206
Dec 2010313985.734.35$2,827
Nov 2010293880.843.80$2,489
Oct 2010354978.103.51$2,905
Sep 2010382572.633.98$2,859
Aug 2010232573.684.42$1,805
Jul 2010584172.554.74$4,402
Jun 2010212770.364.91$1,610
May 2010414971.124.24$3,123
Apr 2010313181.694.12$2,660
Mar 2010173278.394.39$1,473
Feb 2010244273.585.44$1,995
Jan 2010341374.365.96$2,606
Dec 200918571.445.48$1,313
Nov 200934674.593.75$2,559
Oct 200932772.544.11$2,350
Sep 200936765.543.06$2,381
Aug 200936867.423.22$2,453
Jul 200934861.133.46$2,106
Jun 200917866.163.90$1,156
May 200952854.743.93$2,878
Apr 200932746.773.59$1,522
Mar 200918742.144.06$787
Feb 200953532.814.63$1,762
Jan 200918435.865.37$667
Dec 200836037.105.98$1,336
Nov 200817755.496.86$991
Oct 200817375.246.92$1,300
Sep 2008344101.767.88$3,491
Aug 2008367114.228.48$4,171
Jul 2008186131.0811.39$2,428
Jun 2008183131.3313.03$2,403
May 2008330123.1711.57$4,065
Apr 2008320110.3110.45$3,530
Mar 2008372101.909.66$3,790
Feb 200817492.538.77$1,608
Jan 200836490.388.21$3,287
Dec 200719688.337.30$1,722
Nov 200736591.677.29$3,337
Oct 200736582.856.92$3,017
Sep 200735875.846.24$2,704
Aug 200734769.066.39$2,393
Jul 200717770.906.39$1,250
Jun 200751162.007.55$3,170
May 200717758.747.85$1,054
Apr 200751859.617.81$3,103
Mar 200717056.927.30$968
Feb 200752155.108.22$2,873
Jan 200717550.306.73$889
Dec 200652656.656.92$2,987
Nov 2006171054.207.62$998
Oct 2006511054.906.01$2,860
Sep 2006171160.085.04$1,077
Aug 2006341068.717.34$2,410
Jul 2006331369.376.34$2,372
Jun 200633766.286.38$2,232
May 2006341066.016.42$2,309
Apr 2006351064.397.36$2,327
Mar 200635356.707.08$2,006
Feb 200634357.597.75$1,981
Jan 200635860.598.93$2,192
Dec 200552854.9413.42$2,964
Nov 2005181554.6910.59$1,143
Oct 2005341358.3413.80$2,163
Sep 200533661.4512.08$2,100
Aug 2005341461.519.80$2,229
Jul 2005341555.697.84$2,011
Jun 2005341452.337.38$1,883
May 2005341345.226.65$1,624
Apr 2005341349.207.36$1,768
Mar 2005351950.377.15$1,899
Feb 2005341445.226.31$1,626
Jan 2005351643.166.32$1,612
Dec 2004351239.866.75$1,476
Nov 2004351045.286.33$1,648
Oct 2004341049.706.52$1,755
Sep 2004351443.245.28$1,587
Aug 2004341442.375.55$1,518
Jul 2004511438.286.08$2,037
Jun 200435636.106.43$1,302
May 2004351637.486.49$1,416
Apr 200435634.475.86$1,242
Mar 2004351334.365.53$1,274
Feb 200435032.455.51$1,136
Jan 2004351032.036.30$1,184
Dec 2003351330.266.30$1,141
Nov 2003341028.804.60$1,025
Oct 2003351428.174.76$1,053
Sep 2003521126.314.75$1,420
Aug 2003351529.765.13$1,119
Jul 2003341429.415.17$1,072
Jun 2003331028.565.98$1,002
May 2003521126.595.97$1,448
Apr 2003341526.675.41$988
Mar 2003341431.146.10$1,144
Feb 2003351433.487.93$1,283
Jan 2003341130.315.58$1,092
Dec 200253826.914.85$1,465
Nov 200234724.664.14$867
Oct 2002341426.464.23$959
Sep 2002351727.443.64$1,022
Aug 2002511225.963.16$1,362
Jul 2002341424.583.06$879
Jun 2002331323.733.34$826
May 2002331624.663.58$871
Apr 2002331123.653.51$819
Mar 2002491422.003.10$1,121
Feb 200235018.222.38$638
Jan 2002351017.172.38$625
Dec 2001511016.932.36$887
Nov 200133518.072.41$608
Oct 2001391619.782.53$812
Sep 2001161124.262.25$413
Aug 2001291824.873.05$776
Jul 2001312323.933.20$815
Jun 2001421224.563.82$1,077
May 2001332025.524.31$928
Apr 2001481324.685.34$1,254
Mar 2001351424.545.38$934
Feb 2001321327.755.77$963
Jan 200130827.478.40$891
Dec 2000501226.889.12$1,453
Nov 2000331132.215.66$1,125
Oct 2000331131.235.15$1,087
Sep 200047931.875.19$1,545
Aug 2000331329.644.54$1,037
Jul 200034528.534.09$990
Jun 200036029.304.40$1,055
May 2000511027.263.68$1,427
Apr 2000331024.513.12$840
Mar 200034628.422.86$983
Feb 200040027.622.73$1,105
Jan 2000138025.272.48$3,487
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 199944020.982.80$923
Sep 199947021.752.62$1,022
Aug 199962019.262.88$1,194
Jul 199971717.892.37$1,287
Jun 199905115.942.36$120
May 1999436715.792.32$834
Apr 19991615815.102.21$2,559
Mar 199905112.471.84$94
Feb 19990269.981.82$47
Jan 19991563310.381.90$1,682
Dec 19980279.201.77$48
Nov 199804610.892.19$101
Oct 199805912.421.97$116
Sep 19981457112.592.08$1,973
Aug 199803211.301.91$61
Jul 199803911.742.24$87
Jun 199809311.242.24$208
May 19981457112.622.21$1,987
Apr 199809713.042.51$243
Mar 199804812.802.31$111
Feb 199801313.952.30$30
Jan 19981552314.702.15$2,328
Dec 199702216.322.41$53
Nov 199703118.193.09$96
Oct 199703519.253.15$110
Sep 19971261917.742.95$2,291
Aug 199702817.862.55$72
Jul 199702517.582.25$56
Jun 19971392417.242.26$2,451
May 199703118.972.31$72
Apr 199702217.882.08$46
Mar 19971335418.951.94$2,625
Feb 199703220.492.21$71
Jan 199703723.483.54$131
Dec 19961283223.32—$2,985
Nov 199603221.97—$0
Oct 19960523.31—$0
Sep 1996126122.22—$2,800
Aug 19960120.26—$0
Jul 19960119.55—$0
Jun 1996125118.73—$2,341
May 19960119.43—$0
Apr 19960121.51—$0
Mar 1996171619.38—$3,314
Feb 19960816.98—$0
Jan 199602117.07—$0
Dec 199502617.19—$0
Nov 19951682016.00—$2,688
Oct 199503615.43—$0
Sep 199504516.18—$0
Aug 199504715.92—$0
Jul 19951584115.24—$2,408
Jun 199503716.41—$0
May 199504617.56—$0
Apr 19951534117.73—$2,713
Mar 199504016.44—$0
Feb 199503416.58—$0
Jan 199503515.92—$0
Dec 19941643715.03—$2,465
Nov 199404215.90—$0
Oct 199404415.58—$0
Sep 19941554515.29—$2,370
Aug 199404716.13—$0
Jul 199405117.56—$0
Jun 19941575517.09—$2,683
May 199405715.88—$0
Apr 199402114.14—$0
Mar 199401812.46—$0
Feb 19941561612.50—$1,950
Jan 199401112.66—$0
Dec 199301812.33—$0
Nov 19931511514.49—$2,188
Oct 199301915.85—$0
Sep 199301615.03—$0
Aug 19931681015.66—$2,631
Jul 199301815.46—$0
Jun 199301916.79—$0
May 19931652617.68—$2,917
Apr 199302618.05—$0
Mar 199302118.14—$0
Feb 199302217.90—$0
Jan 19931115016.93—$1,879

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                  492 bbl  × $106.41 =    $52,354
Casinghead gas       744 Mcf  × $  3.05 =     $2,266

────────────────────────────────────────────────────
Month total                                  $54,620

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/9506 is the state's own key, not one this site invented.