UNIVERSITY 7-16

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 38528District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.1 M
Jan 2008 – May 2026
Value, last 12 filed months
$323 k
at the published price for each month
Months reported
221
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
OilDisposition300,157 bbl$21,441,140
Casinghead gasProduction708,558 Mcf$2,611,686
Total$24,052,826

Wells on this lease (11)

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 32.4065, -102.1872. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.40610, -102.18578 · 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
54.5%
6 of 11 wells
With a plug date
54.5%
6 of 11 wells
Median depth
11,065 ft
11 wells filed one
Completion to plug
5.8 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
654.5%
A plug date is filed
654.5%
BothOn the schedule and plugged. Neither fact cancels the other.
654.5%
NeitherNo plug date, and not on the schedule.
545.5%

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

Total depth in feet, 11 of 11 wells. Median 11,065 ft, with the middle half between 10,291 and 11,217 ft; the shallowest is 10,215 ft and the deepest 12,044 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 11 wells, Jan 2008 – Feb 2015. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 2008 – Feb 2015
11 of 11 wells
Plug dates filed
Jul 2015 – Mar 2022
6 of 11 wells; 5 filed none

Last completion to plug: a median of 5.8 years across the 6 wells that filed both dates, with the middle half between 5.4 years and 5.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells

42-317399611212,044 ftFeb 2015
42-317394421011,825 ftJun 2014Sep 2019Yes
42-31738676911,324 ftAug 2013
42-31736997811,065 ftOct 2011Jul 2017Yes
42-31736887311,100 ftSep 2011Jul 2015Yes
42-31736700711,110 ftAug 2011Jul 2017Yes
42-31736274511,000 ftMay 2011
42-31735796410,258 ftFeb 2011
42-31735514610,250 ftJul 2010May 2016Yes
42-31735510110,215 ftMar 2010
42-31734957210,323 ftJan 2008Mar 2022Yes

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 (221)

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

221 months

May 2026331701106.413.05$37,357
Apr 20263141,01798.932.87$33,983
Mar 202628594289.753.15$28,546
Feb 202620542263.503.75$14,600
Jan 202629769859.138.00$23,144
Dec 20253601,07056.664.41$25,120
Nov 202534096458.593.93$23,706
Oct 202552368759.383.30$33,326
Sep 202512818762.743.08$8,606
Aug 202544471063.933.01$30,525
Jul 202550193166.743.32$36,523
Jun 202540139266.483.13$27,885
May 2025372560.553.23$2,321
Apr 202541346062.363.54$27,385
Mar 202542341867.704.27$30,421
Feb 202534431270.884.34$25,737
Jan 20251317674.324.28$10,061
Dec 2024397068.993.12$27,389
Nov 202470139769.052.20$49,277
Oct 202433744071.372.28$25,056
Sep 2024468569.612.36$3,403
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
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 20210079.795.71$0
Sep 20210069.865.35$0
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 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202014014.751.80$207
Mar 2020799630.341.86$2,575
Feb 202020026949.881.98$10,509
Jan 202022435257.252.09$13,561
Dec 201924936459.012.30$15,532
Nov 201922242855.302.75$13,454
Oct 201925344353.472.42$14,599
Sep 201926158155.052.66$15,912
Aug 201928553253.112.30$16,362
Jul 201926752756.272.46$16,321
Jun 201926131852.782.49$14,568
May 201931843758.482.74$19,794
Apr 201930037062.632.75$19,807
Mar 201933265856.803.06$20,872
Feb 20194511,21950.852.79$26,337
Jan 201986375646.033.23$42,164
Dec 201844842246.594.19$22,639
Nov 201838152852.934.24$22,404
Oct 201872671361.443.40$47,028
Sep 201870845859.543.11$43,578
Aug 201869082559.403.07$43,516
Jul 20186861,21865.142.93$48,257
Jun 20186151,27360.183.08$40,928
May 20181,1112,05965.382.90$78,610
Apr 20181,2842,15163.842.90$88,210
Mar 20181,6022,00161.222.79$103,651
Feb 201873152361.782.77$46,608
Jan 201887248162.874.01$56,751
Dec 201789751557.272.92$52,876
Nov 201775953955.423.12$43,745
Oct 20171,3791,62949.292.98$72,831
Sep 20171,7972,47847.523.09$93,044
Aug 20171,5801,46345.373.00$76,080
Jul 20171,4911,34543.873.09$69,563
Jun 20172,0181,12842.493.09$89,227
May 20171,5151,12245.373.26$72,397
Apr 20171,8031,58747.933.21$91,515
Mar 20171,36788046.772.98$66,560
Feb 20171,37189150.452.95$71,798
Jan 20171,0621,57449.413.42$57,855
Dec 201680592248.763.72$42,684
Nov 20161,2512,11442.492.64$58,745
Oct 20161,1701,85546.193.09$59,775
Sep 20161,8522,81341.553.10$85,673
Aug 20162,1683,16541.442.92$99,097
Jul 20162,5503,93341.622.92$117,632
Jun 20161,8322,95045.352.69$91,004
May 20162,3623,55742.521.99$107,514
Apr 20162,8345,49036.561.99$114,542
Mar 20163,75010,59033.011.79$142,786
Feb 20165,12111,78326.472.06$159,869
Jan 20163,6408,52227.352.36$119,703
Dec 20153,60911,29732.362.00$139,397
Nov 20155,03413,40938.792.17$224,331
Oct 20154,64313,28843.552.43$234,447
Sep 20155,60813,67742.992.76$278,815
Aug 20156,68214,31340.162.87$309,463
Jul 20156,81415,53948.152.95$373,858
Jun 20156,17016,11056.152.88$392,888
May 20156,67316,03955.212.96$415,819
Apr 20156,07414,89649.822.71$342,924
Mar 20156,44914,40542.892.93$318,872
Feb 20152,7979,65344.662.98$153,643
Jan 20152,7498,03343.433.10$144,296
Dec 20143,6789,94254.693.59$236,855
Nov 20142,5579,48470.464.25$220,491
Oct 20143,39312,11278.303.90$312,920
Sep 20143,72512,09686.164.05$369,880
Aug 20145,49618,41089.394.04$565,574
Jul 20145,69117,17196.564.18$621,291
Jun 20145,67517,46598.164.74$639,788
May 20144,24214,04294.734.73$468,215
Apr 20144,66214,16895.944.81$515,408
Mar 20145,7128,29195.895.06$589,650
Feb 20144,34311,42697.406.19$493,758
Jan 20143,49510,57390.404.86$367,340
Dec 20133,5309,77691.824.35$366,694
Nov 20133,72411,71688.853.74$374,675
Oct 20134,1587,48297.423.78$433,350
Sep 20133,6248,100104.113.72$407,408
Aug 20133,1136,329104.253.52$346,825
Jul 20133,5668,823102.523.72$398,388
Jun 20134,23413,44194.403.93$452,559
May 20134,57413,29794.834.15$488,923
Apr 20134,46112,26993.964.28$471,699
Mar 20134,64313,42993.623.91$487,224
Feb 20134,13911,58391.233.42$417,214
Jan 20135,28214,19691.603.42$532,380
Dec 20125,59315,75486.773.42$539,186
Nov 20125,95317,37286.953.62$580,586
Oct 20126,60013,13689.383.40$634,566
Sep 201298617,10394.672.92$143,258
Aug 20121,5053,67392.662.91$150,135
Jul 20121,1073,56685.133.02$105,011
Jun 20129142,78679.822.52$79,974
May 20121,7193,40691.612.49$165,953
Apr 20121,4183,213101.652.00$150,555
Mar 20121,3573,169105.052.22$149,595
Feb 20121,2672,226101.102.57$133,815
Jan 20122,1323,66298.092.73$219,140
Dec 20112,2404,07196.873.24$230,178
Nov 201142959995.723.31$43,047
Oct 201153065484.983.65$47,426
Sep 201148567383.623.99$43,238
Aug 201121154883.404.15$19,871
Jul 20110094.144.52$0
Jun 20118453492.904.64$10,281
May 201116378798.134.40$19,462
Apr 2011199926105.964.33$25,099
Mar 20112401,02696.364.06$27,289
Feb 201124597785.644.18$25,066
Jan 201122997986.504.59$24,301
Dec 20102671,01785.734.35$27,312
Nov 201028592980.843.80$26,565
Oct 201032496278.103.51$28,680
Sep 20109490572.633.98$10,429
Aug 20102221,03473.684.42$20,927
Jul 20103791,60072.554.74$35,075
Jun 20103451,72570.364.91$32,745
May 20104081,99171.124.24$37,449
Apr 20103822,03481.694.12$39,591
Mar 20104222,24678.394.39$42,938
Feb 20104882,33473.585.44$48,610
Jan 20101,0862,65774.365.96$96,602
Dec 20096441,57371.445.48$54,633
Nov 20095901,50274.593.75$49,643
Oct 20096431,55872.544.11$53,047
Sep 20095811,54765.543.06$42,820
Aug 20096561,53067.423.22$49,152
Jul 20095891,07161.133.46$39,716
Jun 200957293466.163.90$41,481
May 20094701,06054.743.93$29,889
Apr 20094661,13146.773.59$25,852
Mar 20096591,39242.144.06$33,420
Feb 20097341,09232.814.63$29,142
Jan 20099621,45835.865.37$42,328
Dec 20081,0438337.105.98$39,191
Nov 20081,0061,39955.496.86$65,421
Oct 20089351,99375.246.92$84,145
Sep 20081,0661,380101.767.88$119,347
Aug 20081,2052,248114.228.48$156,705
Jul 20081,027871131.0811.39$144,539
Jun 20081,2402,320131.3313.03$193,085
May 20081,6423,025123.1711.57$237,257
Apr 20082,2792,668110.3110.45$279,290
Mar 20083,8142,965101.909.66$417,301
Feb 20082,7102,24092.538.77$270,402
Jan 20081,5321,18390.388.21$148,170

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                  331 bbl  × $106.41 =    $35,222
Casinghead gas       701 Mcf  × $  3.05 =     $2,135

────────────────────────────────────────────────────
Month total                                  $37,357

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/38528 is the state's own key, not one this site invented.