UNIVERSITY 14 "A"

Name: UNIVERSITY 14 "A" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PALO PETROLEUM, INC. (P-5 637400) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9692District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$185 k

Jan 1993 – Feb 2012

Value, last 12 filed months

at the published price for each month

Months reported

230

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	5,045 bbl	$105,438
Casinghead gas	Production	41,266 Mcf	$80,057
Total			$185,495

18,210 Mcf of this lease's gas, across 46 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 (1)

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 31.0943, -101.4869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.09432, -101.48685 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,800 ft

1 wells filed one

Completion to plug

29.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

The one well that filed a depth was drilled to 6,800 ft.

Completions filed

Apr 1982

1 of 1 wells

Plug dates filed

Aug 2011

1 of 1 wells

Last completion to plug: a median of 29.3 years across the 1 well that filed both dates, with the middle half between 29.3 years and 29.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38332105	2	6,800 ft	Apr 1982	Aug 2011	Yes

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 (230)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

230 months


Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	106	0	54.20	7.62	$5,745
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	11	60.08	5.04	$55
Aug 2006	0	10	68.71	7.34	$73
Jul 2006	0	9	69.37	6.34	$57
Jun 2006	0	12	66.28	6.38	$77
May 2006	0	12	66.01	6.42	$77
Apr 2006	0	15	64.39	7.36	$110
Mar 2006	0	17	56.70	7.08	$120
Feb 2006	0	16	57.59	7.75	$124
Jan 2006	0	19	60.59	8.93	$170
Dec 2005	0	16	54.94	13.42	$215
Nov 2005	48	74	54.69	10.59	$3,409
Oct 2005	0	57	58.34	13.80	$786
Sep 2005	0	83	61.45	12.08	$1,003
Aug 2005	58	71	61.51	9.80	$4,263
Jul 2005	0	62	55.69	7.84	$486
Jun 2005	0	39	52.33	7.38	$288
May 2005	0	104	45.22	6.65	$692
Apr 2005	60	111	49.20	7.36	$3,769
Mar 2005	0	51	50.37	7.15	$365
Feb 2005	0	62	45.22	6.31	$391
Jan 2005	0	62	43.16	6.32	$392
Dec 2004	0	5	39.86	6.75	$34
Nov 2004	0	17	45.28	6.33	$108
Oct 2004	0	6	49.70	6.52	$39
Sep 2004	0	11	43.24	5.28	$58
Aug 2004	58	11	42.37	5.55	$2,519
Jul 2004	0	11	38.28	6.08	$67
Jun 2004	0	14	36.10	6.43	$90
May 2004	0	103	37.48	6.49	$669
Apr 2004	0	195	34.47	5.86	$1,142
Mar 2004	59	208	34.36	5.53	$3,178
Feb 2004	0	195	32.45	5.51	$1,074
Jan 2004	0	173	32.03	6.30	$1,090
Dec 2003	57	95	30.26	6.30	$2,323
Nov 2003	0	96	28.80	4.60	$441
Oct 2003	0	159	28.17	4.76	$757
Sep 2003	58	164	26.31	4.75	$2,305
Aug 2003	0	126	29.76	5.13	$646
Jul 2003	0	171	29.41	5.17	$884
Jun 2003	58	173	28.56	5.98	$2,692
May 2003	0	170	26.59	5.97	$1,015
Apr 2003	60	107	26.67	5.41	$2,179
Mar 2003	0	138	31.14	6.10	$841
Feb 2003	0	128	33.48	7.93	$1,015
Jan 2003	60	143	30.31	5.58	$2,617
Dec 2002	0	210	26.91	4.85	$1,019
Nov 2002	0	179	24.66	4.14	$741
Oct 2002	56	195	26.46	4.23	$2,306
Sep 2002	0	228	27.44	3.64	$829
Aug 2002	58	227	25.96	3.16	$2,224
Jul 2002	0	142	24.58	3.06	$435
Jun 2002	0	194	23.73	3.34	$648
May 2002	58	254	24.66	3.58	$2,341
Apr 2002	0	207	23.65	3.51	$727
Mar 2002	61	211	22.00	3.10	$1,997
Feb 2002	0	171	18.22	2.38	$406
Jan 2002	0	228	17.17	2.38	$542
Dec 2001	60	123	16.93	2.36	$1,307
Nov 2001	0	148	18.07	2.41	$356
Oct 2001	0	169	19.78	2.53	$427
Sep 2001	45	174	24.26	2.25	$1,483
Aug 2001	0	219	24.87	3.05	$669
Jul 2001	0	205	23.93	3.20	$655
Jun 2001	45	190	24.56	3.82	$1,832
May 2001	0	189	25.52	4.31	$814
Apr 2001	0	164	24.68	5.34	$875
Mar 2001	45	174	24.54	5.38	$2,040
Feb 2001	0	160	27.75	5.77	$923
Jan 2001	0	190	27.47	8.40	$1,596
Dec 2000	51	146	26.88	9.12	$2,703
Nov 2000	0	152	32.21	5.66	$860
Oct 2000	0	182	31.23	5.15	$936
Sep 2000	0	189	31.87	5.19	$980
Aug 2000	49	182	29.64	4.54	$2,279
Jul 2000	0	216	28.53	4.09	$883
Jun 2000	0	316	29.30	4.40	$1,390
May 2000	34	339	27.26	3.68	$2,174
Apr 2000	0	237	24.51	3.12	$738
Mar 2000	36	257	28.42	2.86	$1,758
Feb 2000	0	331	27.62	2.73	$902
Jan 2000	37	274	25.27	2.48	$1,615
Dec 1999	0	223	24.28	2.42	$540
Nov 1999	45	231	23.19	2.43	$1,606
Oct 1999	0	288	20.98	2.80	$807
Sep 1999	46	280	21.75	2.62	$1,734
Aug 1999	0	306	19.26	2.88	$880
Jul 1999	43	260	17.89	2.37	$1,386
Jun 1999	0	176	15.94	2.36	$416
May 1999	42	242	15.79	2.32	$1,225
Apr 1999	0	232	15.10	2.21	$512
Mar 1999	45	239	12.47	1.84	$1,001
Feb 1999	45	230	9.98	1.82	$867
Jan 1999	0	304	10.38	1.90	$578
Dec 1998	45	294	9.20	1.77	$935
Nov 1998	0	275	10.89	2.19	$601
Oct 1998	57	324	12.42	1.97	$1,346
Sep 1998	0	377	12.59	2.08	$785
Aug 1998	57	396	11.30	1.91	$1,399
Jul 1998	0	408	11.74	2.24	$913
Jun 1998	55	385	11.24	2.24	$1,480
May 1998	0	393	12.62	2.21	$867
Apr 1998	56	371	13.04	2.51	$1,660
Mar 1998	0	369	12.80	2.31	$852
Feb 1998	48	338	13.95	2.30	$1,447
Jan 1998	58	382	14.70	2.15	$1,676
Dec 1997	0	395	16.32	2.41	$952
Nov 1997	54	358	18.19	3.09	$2,088
Oct 1997	45	370	19.25	3.15	$2,032
Sep 1997	0	389	17.74	2.95	$1,149
Aug 1997	44	408	17.86	2.55	$1,828
Jul 1997	50	408	17.58	2.25	$1,796
Jun 1997	0	418	17.24	2.26	$944
May 1997	55	415	18.97	2.31	$2,001
Apr 1997	0	430	17.88	2.08	$896
Mar 1997	58	443	18.95	1.94	$1,958
Feb 1997	65	381	20.49	2.21	$2,172
Jan 1997	0	414	23.48	3.54	$1,465
Dec 1996	64	434	23.32	—	$1,492
Nov 1996	66	431	21.97	—	$1,450
Oct 1996	68	438	23.31	—	$1,585
Sep 1996	0	432	22.22	—	$0
Aug 1996	70	443	20.26	—	$1,418
Jul 1996	70	476	19.55	—	$1,369
Jun 1996	0	450	18.73	—	$0
May 1996	71	490	19.43	—	$1,380
Apr 1996	69	437	21.51	—	$1,484
Mar 1996	0	453	19.38	—	$0
Feb 1996	66	420	16.98	—	$1,121
Jan 1996	72	382	17.07	—	$1,229
Dec 1995	66	330	17.19	—	$1,135
Nov 1995	0	262	16.00	—	$0
Oct 1995	63	252	15.43	—	$972
Sep 1995	75	349	16.18	—	$1,214
Aug 1995	69	24	15.92	—	$1,098
Jul 1995	0	147	15.24	—	$0
Jun 1995	73	240	16.41	—	$1,198
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	61	346	16.44	—	$1,003
Feb 1995	64	357	16.58	—	$1,061
Jan 1995	53	395	15.92	—	$844
Dec 1994	59	372	15.03	—	$887
Nov 1994	74	292	15.90	—	$1,177
Oct 1994	25	349	15.58	—	$390
Sep 1994	72	368	15.29	—	$1,101
Aug 1994	43	469	16.13	—	$694
Jul 1994	54	499	17.56	—	$948
Jun 1994	57	476	17.09	—	$974
May 1994	54	506	15.88	—	$858
Apr 1994	70	467	14.14	—	$990
Mar 1994	38	471	12.46	—	$473
Feb 1994	69	423	12.50	—	$863
Jan 1994	75	448	12.66	—	$950
Dec 1993	74	462	12.33	—	$912
Nov 1993	27	453	14.49	—	$391
Oct 1993	68	427	15.85	—	$1,078
Sep 1993	73	365	15.03	—	$1,097
Aug 1993	82	384	15.66	—	$1,284
Jul 1993	64	459	15.46	—	$989
Jun 1993	81	448	16.79	—	$1,360
May 1993	84	448	17.68	—	$1,485
Apr 1993	89	432	18.05	—	$1,606
Mar 1993	72	429	18.14	—	$1,306
Feb 1993	84	371	17.90	—	$1,504
Jan 1993	87	404	16.93	—	$1,473

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.

Nov 2006 — as filed, then multipliedworked

Oil                  106 bbl  × $ 54.20 =     $5,745
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                   $5,745

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/9692 is the state's own key, not one this site invented.