UNIVERSITY (P) 24-1

Name: UNIVERSITY (P) 24-1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) 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 9708District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$887 k

Jan 1993 – Nov 2011

Value, last 12 filed months

at the published price for each month

Months reported

227

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	31,390 bbl	$798,636
Casinghead gas	Production	31,183 Mcf	$88,138
Total			$886,774

11,605 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 (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 31.1782, -101.6814. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.17817, -101.68142 · 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%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

7,636 ft

2 wells filed one

Completion to plug

29.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

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.

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

Between 7,604 and 7,668 ft, median 7,636 ft, over the 2 wells that filed a depth.

Completions filed

May 1982 – May 1984

2 of 2 wells

Plug dates filed

May 2011

1 of 2 wells; 1 filed none

Last completion to plug: a median of 29.0 years across the 1 well that filed both dates, with the middle half between 29.0 years and 29.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38332101	1	7,604 ft	May 1984	—	Yes
42-38332102	2	7,668 ft	May 1982	May 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 (227)

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

227 months


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	119	0	74.36	5.96	$8,849
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	3	72.54	4.11	$12
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	2	61.13	3.46	$7
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	44	46.77	3.59	$158
Mar 2009	0	59	42.14	4.06	$239
Feb 2009	0	53	32.81	4.63	$246
Jan 2009	182	51	35.86	5.37	$6,800
Dec 2008	0	55	37.10	5.98	$329
Nov 2008	0	41	55.49	6.86	$281
Oct 2008	0	48	75.24	6.92	$332
Sep 2008	179	32	101.76	7.88	$18,467
Aug 2008	0	27	114.22	8.48	$229
Jul 2008	0	39	131.08	11.39	$444
Jun 2008	0	54	131.33	13.03	$704
May 2008	177	60	123.17	11.57	$22,496
Apr 2008	0	78	110.31	10.45	$815
Mar 2008	0	83	101.90	9.66	$802
Feb 2008	0	76	92.53	8.77	$667
Jan 2008	166	77	90.38	8.21	$15,635
Dec 2007	1	83	88.33	7.30	$694
Nov 2007	0	81	91.67	7.29	$591
Oct 2007	343	91	82.85	6.92	$29,047
Sep 2007	0	73	75.84	6.24	$456
Aug 2007	175	90	69.06	6.39	$12,660
Jul 2007	0	57	70.90	6.39	$364
Jun 2007	0	88	62.00	7.55	$664
May 2007	0	41	58.74	7.85	$322
Apr 2007	178	82	59.61	7.81	$11,251
Mar 2007	0	79	56.92	7.30	$577
Feb 2007	0	72	55.10	8.22	$592
Jan 2007	177	90	50.30	6.73	$9,509
Dec 2006	0	93	56.65	6.92	$643
Nov 2006	177	95	54.20	7.62	$10,317
Oct 2006	0	87	54.90	6.01	$523
Sep 2006	174	125	60.08	5.04	$11,084
Aug 2006	0	44	68.71	7.34	$323
Jul 2006	0	33	69.37	6.34	$209
Jun 2006	180	80	66.28	6.38	$12,441
May 2006	0	155	66.01	6.42	$996
Apr 2006	180	45	64.39	7.36	$11,921
Mar 2006	0	97	56.70	7.08	$687
Feb 2006	0	192	57.59	7.75	$1,488
Jan 2006	179	182	60.59	8.93	$12,471
Dec 2005	0	140	54.94	13.42	$1,878
Nov 2005	178	164	54.69	10.59	$11,471
Oct 2005	182	99	58.34	13.80	$11,984
Sep 2005	0	14	61.45	12.08	$169
Aug 2005	1	129	61.51	9.80	$1,325
Jul 2005	179	106	55.69	7.84	$10,800
Jun 2005	0	106	52.33	7.38	$782
May 2005	176	153	45.22	6.65	$8,976
Apr 2005	181	64	49.20	7.36	$9,376
Mar 2005	0	60	50.37	7.15	$429
Feb 2005	181	131	45.22	6.31	$9,012
Jan 2005	0	131	43.16	6.32	$828
Dec 2004	183	119	39.86	6.75	$8,098
Nov 2004	0	58	45.28	6.33	$367
Oct 2004	182	108	49.70	6.52	$9,749
Sep 2004	179	126	43.24	5.28	$8,406
Aug 2004	0	77	42.37	5.55	$427
Jul 2004	175	126	38.28	6.08	$7,466
Jun 2004	0	48	36.10	6.43	$309
May 2004	178	155	37.48	6.49	$7,678
Apr 2004	182	131	34.47	5.86	$7,041
Mar 2004	0	119	34.36	5.53	$658
Feb 2004	183	88	32.45	5.51	$6,423
Jan 2004	179	39	32.03	6.30	$5,979
Dec 2003	0	148	30.26	6.30	$933
Nov 2003	184	144	28.80	4.60	$5,961
Oct 2003	180	126	28.17	4.76	$5,670
Sep 2003	0	127	26.31	4.75	$603
Aug 2003	181	155	29.76	5.13	$6,182
Jul 2003	182	160	29.41	5.17	$6,180
Jun 2003	0	128	28.56	5.98	$766
May 2003	177	132	26.59	5.97	$5,495
Apr 2003	180	74	26.67	5.41	$5,201
Mar 2003	178	14	31.14	6.10	$5,628
Feb 2003	0	127	33.48	7.93	$1,007
Jan 2003	182	162	30.31	5.58	$6,421
Dec 2002	173	159	26.91	4.85	$5,427
Nov 2002	179	76	24.66	4.14	$4,729
Oct 2002	179	81	26.46	4.23	$5,079
Sep 2002	0	137	27.44	3.64	$498
Aug 2002	173	107	25.96	3.16	$4,830
Jul 2002	177	45	24.58	3.06	$4,488
Jun 2002	181	103	23.73	3.34	$4,639
May 2002	177	137	24.66	3.58	$4,856
Apr 2002	180	151	23.65	3.51	$4,787
Mar 2002	181	183	22.00	3.10	$4,550
Feb 2002	0	179	18.22	2.38	$425
Jan 2002	183	138	17.17	2.38	$3,470
Dec 2001	176	218	16.93	2.36	$3,495
Nov 2001	179	202	18.07	2.41	$3,720
Oct 2001	166	121	19.78	2.53	$3,589
Sep 2001	177	158	24.26	2.25	$4,650
Aug 2001	178	169	24.87	3.05	$4,943
Jul 2001	0	165	23.93	3.20	$528
Jun 2001	178	195	24.56	3.82	$5,117
May 2001	181	199	25.52	4.31	$5,476
Apr 2001	175	218	24.68	5.34	$5,482
Mar 2001	180	178	24.54	5.38	$5,374
Feb 2001	180	138	27.75	5.77	$5,791
Jan 2001	180	127	27.47	8.40	$6,011
Dec 2000	182	142	26.88	9.12	$6,188
Nov 2000	180	193	32.21	5.66	$6,890
Oct 2000	0	198	31.23	5.15	$1,019
Sep 2000	180	175	31.87	5.19	$6,644
Aug 2000	178	179	29.64	4.54	$6,089
Jul 2000	180	185	28.53	4.09	$5,892
Jun 2000	180	154	29.30	4.40	$5,951
May 2000	179	101	27.26	3.68	$5,251
Apr 2000	177	176	24.51	3.12	$4,887
Mar 2000	183	197	28.42	2.86	$5,764
Feb 2000	179	283	27.62	2.73	$5,716
Jan 2000	178	259	25.27	2.48	$5,141
Dec 1999	181	152	24.28	2.42	$4,763
Nov 1999	181	161	23.19	2.43	$4,589
Oct 1999	176	221	20.98	2.80	$4,312
Sep 1999	182	233	21.75	2.62	$4,569
Aug 1999	177	177	19.26	2.88	$3,918
Jul 1999	182	249	17.89	2.37	$3,847
Jun 1999	180	189	15.94	2.36	$3,316
May 1999	181	213	15.79	2.32	$3,352
Apr 1999	183	229	15.10	2.21	$3,269
Mar 1999	184	237	12.47	1.84	$2,730
Feb 1999	181	261	9.98	1.82	$2,281
Jan 1999	181	263	10.38	1.90	$2,378
Dec 1998	186	184	9.20	1.77	$2,037
Nov 1998	181	157	10.89	2.19	$2,314
Oct 1998	181	186	12.42	1.97	$2,614
Sep 1998	178	250	12.59	2.08	$2,762
Aug 1998	179	150	11.30	1.91	$2,309
Jul 1998	179	155	11.74	2.24	$2,448
Jun 1998	181	141	11.24	2.24	$2,350
May 1998	333	135	12.62	2.21	$4,500
Apr 1998	180	158	13.04	2.51	$2,743
Mar 1998	184	167	12.80	2.31	$2,741
Feb 1998	179	151	13.95	2.30	$2,844
Jan 1998	187	203	14.70	2.15	$3,186
Dec 1997	178	157	16.32	2.41	$3,284
Nov 1997	184	211	18.19	3.09	$3,999
Oct 1997	338	163	19.25	3.15	$7,020
Sep 1997	177	101	17.74	2.95	$3,438
Aug 1997	170	143	17.86	2.55	$3,402
Jul 1997	177	143	17.58	2.25	$3,433
Jun 1997	167	213	17.24	2.26	$3,360
May 1997	176	157	18.97	2.31	$3,701
Apr 1997	344	182	17.88	2.08	$6,530
Mar 1997	176	238	18.95	1.94	$3,797
Feb 1997	179	180	20.49	2.21	$4,065
Jan 1997	170	217	23.48	3.54	$4,760
Dec 1996	339	109	23.32	—	$7,905
Nov 1996	178	180	21.97	—	$3,911
Oct 1996	156	205	23.31	—	$3,636
Sep 1996	176	154	22.22	—	$3,911
Aug 1996	331	172	20.26	—	$6,706
Jul 1996	169	191	19.55	—	$3,304
Jun 1996	161	147	18.73	—	$3,016
May 1996	316	309	19.43	—	$6,140
Apr 1996	176	252	21.51	—	$3,786
Mar 1996	340	248	19.38	—	$6,589
Feb 1996	173	265	16.98	—	$2,938
Jan 1996	169	236	17.07	—	$2,885
Dec 1995	350	188	17.19	—	$6,017
Nov 1995	174	206	16.00	—	$2,784
Oct 1995	331	137	15.43	—	$5,107
Sep 1995	185	217	16.18	—	$2,993
Aug 1995	175	231	15.92	—	$2,786
Jul 1995	338	246	15.24	—	$5,151
Jun 1995	178	213	16.41	—	$2,921
May 1995	348	135	17.56	—	$6,111
Apr 1995	180	148	17.73	—	$3,191
Mar 1995	288	110	16.44	—	$4,735
Feb 1995	180	85	16.58	—	$2,984
Jan 1995	277	105	15.92	—	$4,410
Dec 1994	255	156	15.03	—	$3,833
Nov 1994	358	185	15.90	—	$5,692
Oct 1994	179	144	15.58	—	$2,789
Sep 1994	361	336	15.29	—	$5,520
Aug 1994	173	334	16.13	—	$2,790
Jul 1994	353	312	17.56	—	$6,199
Jun 1994	175	433	17.09	—	$2,991
May 1994	276	567	15.88	—	$4,383
Apr 1994	232	333	14.14	—	$3,280
Mar 1994	349	383	12.46	—	$4,349
Feb 1994	182	394	12.50	—	$2,275
Jan 1994	267	329	12.66	—	$3,380
Dec 1993	284	240	12.33	—	$3,502
Nov 1993	357	297	14.49	—	$5,173
Oct 1993	186	283	15.85	—	$2,948
Sep 1993	260	247	15.03	—	$3,908
Aug 1993	295	299	15.66	—	$4,620
Jul 1993	353	230	15.46	—	$5,457
Jun 1993	356	247	16.79	—	$5,977
May 1993	180	264	17.68	—	$3,182
Apr 1993	361	346	18.05	—	$6,516
Mar 1993	184	294	18.14	—	$3,338
Feb 1993	358	276	17.90	—	$6,408
Jan 1993	176	187	16.93	—	$2,980

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.

Jan 2010 — as filed, then multipliedworked

Oil                  119 bbl  × $ 74.36 =     $8,849
Casinghead gas         0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                   $8,849

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/9708 is the state's own key, not one this site invented.