UNIVERSITY 7-17

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 38529District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$20.7 M
Dec 2007 – May 2026
Value, last 12 filed months
$641 k
at the published price for each month
Months reported
222
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
OilDisposition269,820 bbl$17,972,096
Casinghead gasProduction789,089 Mcf$2,773,737
Total$20,745,832

Wells on this lease (7)

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 32.4023, -102.2062. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.40193, -102.20642 · 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
28.6%
2 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
10,940 ft
7 wells filed one
Completion to plug
5.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
228.6%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
571.4%

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 10,250 and 11,727 ft, median 10,940 ft, over the 7 wells that filed a depth.

Completions filed
Dec 2007 – Aug 2014
7 of 7 wells
Plug dates filed
Oct 2013 – Jul 2018
2 of 7 wells; 5 filed none

Last completion to plug: a median of 5.1 years across the 2 wells that filed both dates, with the middle half between 3.8 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-31739570511,727 ftAug 2014
42-31739360711,670 ftMay 2014
42-31739255611,705 ftApr 2014
42-31736137310,940 ftApr 2011Oct 2013Yes
42-31735880410,300 ftNov 2010Jul 2018Yes
42-31735348210,250 ftJun 2010
42-31734987110,300 ftDec 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 (222)

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

222 months

May 20267492,912106.413.05$88,571
Apr 20267392,97798.932.87$81,652
Mar 20268753,22889.753.15$88,698
Feb 20266982,24863.503.75$52,754
Jan 20264651,31159.138.00$37,981
Dec 20255422,25556.664.41$40,662
Nov 20256382,10958.593.93$45,661
Oct 20251,1412,97959.383.30$77,598
Sep 20259092,50162.743.08$64,726
Aug 202522376563.933.01$16,563
Jul 20253351,01266.743.32$25,713
Jun 202526785366.483.13$20,419
May 20253011,47760.553.23$23,000
Apr 20253452,63262.363.54$30,840
Mar 20254242,92867.704.27$41,202
Feb 20253472,50170.884.34$35,452
Jan 20253623,30274.324.28$41,032
Dec 20242802,97068.993.12$28,588
Nov 20244412,49669.052.20$35,938
Oct 20245853,12871.372.28$48,888
Sep 20245662,91669.612.36$46,294
Aug 20243181,47875.632.06$27,100
Jul 20242861,44279.932.15$25,955
Jun 20242121,33878.082.63$20,077
May 20243161378.812.20$3,791
Apr 2024631,18984.451.66$7,293
Mar 2024911,23280.301.55$9,211
Feb 20241721,09976.091.78$15,048
Jan 20241681,20873.023.30$16,251
Dec 20231231,27071.262.61$12,081
Nov 20231771,45577.892.81$17,872
Oct 20232171,55185.443.09$23,329
Sep 20232251,46789.042.74$24,046
Aug 20234311,39680.522.67$38,435
Jul 20232791,42774.852.64$24,653
Jun 20231401,19268.962.26$12,347
May 20231171,02370.622.23$10,541
Apr 20231361,30478.122.24$13,542
Mar 20231861,62072.852.39$17,427
Feb 20232231,57375.112.47$20,628
Jan 20235102,55076.533.39$47,669
Dec 20222011,78176.415.73$25,562
Nov 20223871,03485.005.65$38,733
Oct 20225801,74787.185.86$60,808
Sep 20227512,08784.888.16$80,782
Aug 20223812,28694.529.13$56,877
Jul 20228862,416101.587.54$108,222
Jun 20223772,248115.097.98$61,322
May 20227382,334109.378.43$100,398
Apr 20225012,062104.226.84$66,313
Mar 20227432,177108.885.08$91,949
Feb 20227591,97791.054.86$78,713
Jan 20225602,12481.844.54$55,468
Dec 20215402,31271.323.90$47,528
Nov 20214712,26577.435.24$48,331
Oct 20219062,42779.795.71$86,157
Sep 20213882,46769.865.35$40,306
Aug 20211,0952,86666.024.22$84,388
Jul 20215502,78070.783.98$49,999
Jun 20215622,58569.493.38$47,792
May 20217392,71863.483.02$55,114
Apr 20211,1062,61660.362.76$73,974
Mar 20215522,59361.302.72$40,883
Feb 20215362,15557.805.55$42,937
Jan 20219022,71550.412.81$53,100
Dec 20209752,87844.642.68$51,224
Nov 20201,1733,10438.772.71$53,878
Oct 20201,7443,70036.972.48$73,646
Sep 2020031537.091.99$627
Aug 2020026339.982.39$627
Jul 20207947238.371.83$3,893
Jun 2020077434.901.69$1,308
May 2020056916.921.81$1,033
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20209503,95449.881.98$55,218
Jan 20201,2246,37657.252.09$83,430
Dec 20191,4324,83559.012.30$95,644
Nov 20191,3754,40655.302.75$88,157
Oct 20191,2184,63953.472.42$76,346
Sep 20191,1325,51055.052.66$76,958
Aug 20191,3195,47153.112.30$82,659
Jul 20191,2585,57556.272.46$84,502
Jun 20191,1305,64552.782.49$73,704
May 20191,2285,84658.482.74$87,833
Apr 20191,5275,08262.632.75$109,615
Mar 20191,4234,69156.803.06$95,191
Feb 20191,2634,48350.852.79$76,741
Jan 20191,4594,88746.033.23$82,934
Dec 20181,3294,10346.594.19$79,091
Nov 20181,7992,97952.934.24$107,844
Oct 20181,3672,85061.443.40$93,673
Sep 20181,1132,49259.543.11$74,013
Aug 20181,4022,80459.403.07$91,877
Jul 20181,3963,36165.142.93$100,789
Jun 20181,5933,46960.183.08$106,541
May 20181,4663,73365.382.90$106,676
Apr 20181,3804,89963.842.90$102,310
Mar 20181,5135,18261.222.79$107,067
Feb 20182,2975,16661.782.77$156,198
Jan 20182,6974,72962.874.01$188,520
Dec 20172,1244,90957.272.92$135,983
Nov 20172,0995,58355.423.12$133,736
Oct 20171,7924,65049.292.98$102,202
Sep 20172,2694,61247.523.09$122,061
Aug 20171,6406,09445.373.00$92,716
Jul 20171,2006,85743.873.09$73,813
Jun 20171,7257,73642.493.09$97,178
May 20172,0277,98245.373.26$118,013
Apr 20171,8567,70447.933.21$113,700
Mar 20172,0988,15946.772.98$122,467
Feb 20172,3147,34050.452.95$138,413
Jan 20171,9615,41349.413.42$115,399
Dec 20161,8844,78948.763.72$109,692
Nov 20161,7304,28442.492.64$84,836
Oct 20161,8846,22546.193.09$106,259
Sep 20161,7595,34341.553.10$89,653
Aug 20161,4936,86541.442.92$81,946
Jul 20162,06511,08841.622.92$118,370
Jun 20162,65112,56845.352.69$153,978
May 20163,01813,98542.521.99$156,170
Apr 20163,35913,34036.561.99$149,366
Mar 20164,55913,42133.011.79$174,570
Feb 20164,69412,64026.472.06$150,334
Jan 20162,4778,34327.352.36$87,472
Dec 20152,8088,29132.362.00$107,461
Nov 20152,7216,84138.792.17$120,374
Oct 20152,3817,04643.552.43$120,790
Sep 20152,5465,27942.992.76$124,014
Aug 20152,1967,82340.162.87$110,663
Jul 20153,1379,74248.152.95$179,738
Jun 20153,72910,73856.152.88$240,340
May 20154,83512,13955.212.96$302,817
Apr 20154,63911,65949.822.71$262,671
Mar 20153,2408,86842.892.93$164,989
Feb 20153,3537,07744.662.98$170,807
Jan 20153,4836,83843.433.10$172,469
Dec 20144,39510,67554.693.59$278,700
Nov 20143,1108,89870.464.25$256,963
Oct 20143,7689,45778.303.90$331,926
Sep 20143,8988,12286.164.05$368,709
Aug 20144,5509,19189.394.04$443,811
Jul 20146,08814,08196.564.18$646,710
Jun 20146,50012,95198.164.74$699,387
May 20144,8277,67694.734.73$493,543
Apr 20148462,16895.944.81$91,591
Mar 20146311,35995.895.06$67,379
Feb 20146632,29297.406.19$78,768
Jan 20149923,61190.404.86$107,229
Dec 20139904,14191.824.35$108,934
Nov 20139884,14288.853.74$103,268
Oct 20131,2882,98897.423.78$136,770
Sep 20131,1992,882104.113.72$135,542
Aug 20137891,884104.253.52$88,890
Jul 20131,1413,462102.523.72$129,846
Jun 20131,5514,43294.403.93$163,847
May 20131,8764,24894.834.15$195,526
Apr 20132,0024,72593.964.28$208,343
Mar 20132,3525,32993.623.91$241,046
Feb 20132,1134,68291.233.42$208,781
Jan 20132,5075,43991.603.42$248,242
Dec 20122,6216,05486.773.42$248,130
Nov 20122,0745,63886.953.62$200,772
Oct 20122,6674,51789.383.40$253,733
Sep 20122,3834,27694.672.92$238,078
Aug 20121,0632,58192.662.91$106,004
Jul 20127552,52585.133.02$71,901
Jun 20128261,83779.822.52$70,559
May 20121,1822,27591.612.49$113,944
Apr 20121,2392,610101.652.00$131,156
Mar 20121,2722,665105.052.22$139,545
Feb 20121,7533,011101.102.57$184,967
Jan 201214729798.092.73$15,231
Dec 20119718296.873.24$9,986
Nov 20118317295.723.31$8,514
Oct 201116643284.983.65$15,683
Sep 201119357783.623.99$18,438
Aug 20115131,73783.404.15$49,992
Jul 20114951,82494.144.52$54,839
Jun 201143085392.904.64$43,905
May 201111734498.134.40$12,996
Apr 20111857105.964.33$2,154
Mar 20119335796.364.06$10,410
Feb 20118832585.644.18$8,895
Jan 20118934286.504.59$9,268
Dec 201010736485.734.35$10,756
Nov 201028962980.843.80$25,750
Oct 20105401,18678.103.51$46,336
Sep 201029197272.633.98$25,003
Aug 201047771873.684.42$38,318
Jul 201047978872.554.74$38,484
Jun 201014425970.364.91$11,404
May 201054498071.124.24$42,840
Apr 20105091,00181.694.12$45,707
Mar 20105541,11378.394.39$48,313
Feb 20104841,00973.585.44$41,104
Jan 20105751,98274.365.96$54,578
Dec 20095191,78271.445.48$46,849
Nov 20095481,66174.593.75$47,107
Oct 20096151,77272.544.11$51,895
Sep 20095701,81165.543.06$42,908
Aug 20096081,70467.423.22$46,476
Jul 200950974461.133.46$33,693
Jun 200959764766.163.90$42,018
May 200948963354.743.93$29,253
Apr 200944869646.773.59$23,450
Mar 200946489342.144.06$23,178
Feb 200955388132.814.63$22,226
Jan 20094581,02335.865.37$21,918
Dec 20086207437.105.98$23,444
Nov 20085931,18555.496.86$41,035
Oct 20085241,10675.246.92$47,081
Sep 2008616765101.767.88$68,710
Aug 20087861,247114.228.48$100,355
Jul 20088575,070131.0811.39$170,080
Jun 20088983,357131.3313.03$161,685
May 20081,0471,981123.1711.57$151,888
Apr 20081,4581,870110.3110.45$180,383
Mar 20081,6573,306101.909.66$200,798
Feb 20082,0764,32292.538.77$229,999
Jan 20082,3342,02390.388.21$227,547
Dec 20070088.337.30$0

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                  749 bbl  × $106.41 =    $79,701
Casinghead gas     2,912 Mcf  × $  3.05 =     $8,869

────────────────────────────────────────────────────
Month total                                  $88,571

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/38529 is the state's own key, not one this site invented.