THE UNIVERSITY OF TEXAS SYSTEM

UNIVERSITY LANDS - WEST TEXAS OPERATIONS

FOR THE YEARS 1992 - 1996

ANNUAL PRODUCTION OF OIL AND CONDENSATE
OIL FROM OIL WELLS; CONDENSATE FROM GAS WELLS
(In Barrels)

	Years Ending August 31
	1992	1993	1994	1995	1996
Oil	18,268,387	17,329,573	16,658,704	15,508,576	15,106,310
Condensate	108,819	118,837	102,381	129,933	169,846
TOTAL	18,377,206	17,448,410	16,761,085	15,638,509	15,276,156

ANNUAL PRODUCTION OF GAS AND CASINGHEAD GAS
GAS FROM GAS WELLS; CASINGHEAD GAS FROM OIL WELLS
(In Thousands of Cubic Feet)

	Years Ending August 31
	1992	1993	1994	1995	1996
Gas	26,378,208	25,116,204	24,659,791	23,167,292	23,952,766
Casinghead Gas	35,986,573	41,446,753	38,448,983	44,121,397	46,897,177
TOTAL	62,364,781	66,562,957	63,108,774	67,288,689	70,849,943

OIL AND GAS LEASE ACREAGE STATUS

	Years Ending August 31
	1992	1993	1994	1995	1996
Acres Under Lease	646,950	710,562	767,495	765,889	818,252
Acres Producing	534,133	522,825	520,861	521,856	513,456
Number of Active Leases	2,513	2,456	2,558	2,541	2,714
Number of Producing Leases	2,118	2,083	2,074	2,063	2,027