UNIVERSITY 7-25

Operated by DIAMONDBACK E&P LLC (P-5 217012) 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 38307District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$20.5 M
Jun 2007 – May 2026
Value, last 12 filed months
$283 k
at the published price for each month
Months reported
228
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition247,360 bbl$18,253,775
Casinghead gasProduction641,772 Mcf$2,252,350
Total$20,506,125

Wells on this lease (6)

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 32.3850, -102.2091. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.38594, -102.20897 · 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
16.7%
1 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
10,728 ft
6 wells filed one
Completion to plug
5.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
116.7%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
583.3%

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 10,220 and 12,020 ft, median 10,728 ft, over the 6 wells that filed a depth.

Completions filed
Jul 2007 – Apr 2014
6 of 6 wells
Plug dates filed
Jan 2017
1 of 6 wells; 5 filed none

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-31739187612,020 ftApr 2014
42-00343136511,320 ftDec 2011Jan 2017Yes
42-31736996411,155 ftNov 2011
42-31736136210,300 ftMar 2011
42-31735350310,220 ftApr 2009
42-31734807110,300 ftJul 2007

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 (228)

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

228 months

May 2026207936106.413.05$24,878
Apr 202621480698.932.87$23,484
Mar 202620337289.753.15$19,391
Feb 202619651563.503.75$14,377
Jan 20263221,33759.138.00$29,733
Dec 20254941,44156.664.41$34,350
Nov 20254471,14158.593.93$30,670
Oct 20254021,22359.383.30$27,913
Sep 20253451,23462.743.08$25,442
Aug 20253301,37263.933.01$25,233
Jul 20252141,42566.743.32$19,007
Jun 20258192666.483.13$8,282
May 20251821,40260.553.23$15,552
Apr 20252801,94562.363.54$24,352
Mar 20252601,95067.704.27$25,925
Feb 20252421,91870.884.34$25,479
Jan 202596174.324.28$930
Dec 20242111,86968.993.12$20,391
Nov 20248482,02669.052.20$63,008
Oct 20247922,79371.372.28$62,897
Sep 20243132,62369.612.36$27,990
Aug 20243602,81775.632.06$33,040
Jul 20244372,95279.932.15$41,266
Jun 20244052,12178.082.63$37,209
May 20243582,18378.812.20$33,013
Apr 20243721,84384.451.66$34,473
Mar 20243511,78380.301.55$30,940
Feb 20243511,42976.091.78$29,256
Jan 20244671,61873.023.30$39,436
Dec 20232691,19971.262.61$22,299
Nov 20232211,05877.892.81$20,184
Oct 20237834785.443.09$7,736
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021132079.795.71$10,532
Sep 2021149069.865.35$10,409
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021172757.805.55$9,980
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020019136.972.48$473
Sep 2020010537.091.99$209
Aug 2020039639.982.39$945
Jul 2020078438.371.83$1,431
Jun 2020093634.901.69$1,582
May 2020054616.921.81$991
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019039656.272.46$974
Jun 20190052.782.49$0
May 20197372,46158.482.74$49,844
Apr 20197394,52562.632.75$58,730
Mar 20197474,54756.803.06$56,353
Feb 20191,1094,98950.852.79$70,323
Jan 20191,3035,85546.033.23$78,878
Dec 20181,4975,85146.594.19$94,234
Nov 20181,1095,54152.934.24$82,178
Oct 20181,0975,91061.443.40$87,482
Sep 20181,8246,07159.543.11$127,470
Aug 20187035,44059.403.07$58,440
Jul 20181,0755,34265.142.93$85,688
Jun 20181,0544,88360.183.08$78,454
May 20181,2495,51665.382.90$97,660
Apr 20181,2635,21163.842.90$95,746
Mar 20181,2415,26561.222.79$90,647
Feb 20181,0944,68761.782.77$80,552
Jan 20181,2125,04862.874.01$96,437
Dec 20171,4235,22357.272.92$96,754
Nov 20171,7525,20455.423.12$113,324
Oct 20177005,38849.292.98$50,579
Sep 20171,5205,51847.523.09$89,266
Aug 20171,1945,17545.373.00$69,720
Jul 20171,3445,65843.873.09$76,429
Jun 20171,0205,62142.493.09$60,693
May 20171,7035,92345.373.26$96,594
Apr 20171,3665,82347.933.21$84,174
Mar 20171,3685,24046.772.98$79,616
Feb 20171,0484,68350.452.95$66,699
Jan 20171,7155,21249.413.42$102,557
Dec 20161,0455,26548.763.72$70,555
Nov 20161,1744,71142.492.64$62,341
Oct 20161,3964,98546.193.09$79,886
Sep 20161,0234,60641.553.10$56,787
Aug 20161,7236,72941.442.92$91,079
Jul 20162,0838,10141.622.92$110,385
Jun 20161,7116,90945.352.69$96,150
May 20162,20814,14742.521.99$122,051
Apr 20162,0868,07236.561.99$92,336
Mar 20162,0678,56533.011.79$83,597
Feb 20161,9058,03726.472.06$67,011
Jan 20162,6247,83427.352.36$90,289
Dec 20152,4627,95432.362.00$95,590
Nov 20152,0758,32138.792.17$98,524
Oct 20152,8998,82643.552.43$147,668
Sep 20152,2268,63742.992.76$119,520
Aug 20152,7159,56940.162.87$136,521
Jul 20152,34410,25048.152.95$143,051
Jun 20151,7069,53956.152.88$123,292
May 20152,78010,45655.212.96$184,386
Apr 20152,78811,12349.822.71$169,003
Mar 20152,81811,52842.892.93$154,695
Feb 20152,7929,95144.662.98$154,307
Jan 20153,1219,47343.433.10$164,917
Dec 20143,11812,22154.693.59$214,413
Nov 20142,26011,63270.464.25$208,697
Oct 20143,39312,17778.303.90$313,174
Sep 20143,39512,81286.164.05$344,343
Aug 20143,38114,14789.394.04$359,312
Jul 20143,90114,54496.564.18$437,469
Jun 20144,90717,45898.164.74$564,368
May 20148,06218,98094.734.73$853,423
Apr 20141,9115,89595.944.81$211,691
Mar 20142,619095.895.06$251,136
Feb 20142,801097.406.19$272,817
Jan 20142,972090.404.86$268,669
Dec 20132,622091.824.35$240,752
Nov 20132,289088.853.74$203,378
Oct 20132,271097.423.78$221,241
Sep 20132,8080104.113.72$292,341
Aug 20132,9200104.253.52$304,410
Jul 20133,0418,655102.523.72$343,940
Jun 20132,055094.403.93$193,992
May 20133,023094.834.15$286,671
Apr 20132,907093.964.28$273,142
Mar 20133,904093.623.91$365,492
Feb 20133,530091.233.42$322,042
Jan 20133,677091.603.42$336,813
Dec 20122,750086.773.42$238,618
Nov 20123,685086.953.62$320,411
Oct 20123,836089.383.40$342,862
Sep 20124,361094.672.92$412,856
Aug 20127022,50692.662.91$72,335
Jul 20127452,44685.133.02$70,811
Jun 20127302,53079.822.52$64,642
May 20127532,61891.612.49$75,497
Apr 20121,0382,761101.652.00$111,026
Mar 20128742,424105.052.22$97,200
Feb 20121,0282,633101.102.57$110,698
Jan 20121,3052,86798.092.73$135,846
Dec 20111,4202,58396.873.24$145,924
Nov 20111,3671,99795.723.31$137,462
Oct 20111,4182,37284.983.65$129,156
Sep 20111,8532,15983.623.99$163,553
Aug 20111,9282,93383.404.15$172,965
Jul 20113,1623,87094.144.52$315,152
Jun 20112,5294,60492.904.64$256,306
May 20113,5693,92798.134.40$367,524
Apr 20112,5552,738105.964.33$282,592
Mar 201149986596.364.06$51,593
Feb 201131157485.644.18$29,033
Jan 201132367186.504.59$31,019
Dec 201027865785.734.35$26,689
Nov 201025250980.843.80$22,304
Oct 201026457778.103.51$22,643
Sep 201027559872.633.98$22,353
Aug 201035070373.684.42$28,895
Jul 20104041,25572.554.74$35,254
Jun 20103091,20070.364.91$27,634
May 20104451,47971.124.24$37,912
Apr 20104211,55881.694.12$40,815
Mar 20104982,18778.394.39$48,636
Feb 20106152,49173.585.44$58,809
Jan 20104831,02174.365.96$42,005
Dec 200936861471.445.48$29,657
Nov 200930349174.593.75$24,443
Oct 200937767572.544.11$30,122
Sep 200929041565.543.06$20,278
Aug 200948667767.423.22$34,945
Jul 200950461161.133.46$32,926
Jun 200974158166.163.90$51,288
May 200946387554.743.93$28,780
Apr 200969587046.773.59$35,626
Mar 200954288442.144.06$26,428
Feb 200953683932.814.63$21,473
Jan 200937472635.865.37$17,311
Dec 200873638937.105.98$29,631
Nov 200835885855.496.86$25,752
Oct 20087201,41475.246.92$63,960
Sep 2008723841101.767.88$80,197
Aug 2008327942114.228.48$45,341
Jul 20086761,545131.0811.39$106,207
Jun 20081,0552,310131.3313.03$168,659
May 20086701,012123.1711.57$94,237
Apr 20087151,483110.3110.45$94,376
Mar 2008699941101.909.66$80,322
Feb 20087811,52592.538.77$85,641
Jan 20081,0582,18290.388.21$113,527
Dec 20071,3663,47788.337.30$146,048
Nov 20071,3732,21491.677.29$142,007
Oct 20071,4322,57382.856.92$136,451
Sep 20071,4053,07575.846.24$125,756
Aug 20072,3813,68569.066.39$187,971
Jul 20072,4062,75470.906.39$188,178
Jun 200773662.007.55$706

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                  207 bbl  × $106.41 =    $22,027
Casinghead gas       936 Mcf  × $  3.05 =     $2,851

────────────────────────────────────────────────────
Month total                                  $24,878

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. 08/O/38307 is the state's own key, not one this site invented.