UNIVERSITY 7-26

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 38533District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$17.5 M
Nov 2007 – May 2026
Value, last 12 filed months
$184 k
at the published price for each month
Months reported
223
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
OilDisposition198,664 bbl$15,732,112
Casinghead gasProduction459,438 Mcf$1,754,218
Total$17,486,331

Wells on this lease (3)

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 32.3921, -102.2026. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.39184, -102.20310 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
10,365 ft
3 wells filed one
Completion to plug
10.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 10,300 and 11,260 ft, median 10,365 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2007 – Dec 2011
3 of 3 wells
Plug dates filed
Mar 2022
1 of 3 wells; 2 filed none

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-31736980211,260 ftDec 2011Mar 2022Yes
42-31735851510,365 ftJul 2010
42-31734988110,300 ftNov 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 (223)

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

223 months

May 202664361106.413.05$7,910
Apr 202613958298.932.87$15,421
Mar 20261391,02789.753.15$15,710
Feb 20269292763.503.75$9,319
Jan 202637173959.138.00$27,848
Dec 202510287456.664.41$9,637
Nov 202520686958.593.93$15,482
Oct 20251381,18059.383.30$12,094
Sep 202524994562.743.08$18,530
Aug 20257998663.933.01$8,023
Jul 202530639566.743.32$21,732
Jun 20252531,60366.483.13$21,835
May 2025851,47460.553.23$9,911
Apr 202513075962.363.54$10,796
Mar 202513981267.704.27$12,876
Feb 2025057170.884.34$2,479
Jan 202522748874.324.28$18,959
Dec 202420174568.993.12$16,192
Nov 20242631,03169.052.20$20,427
Oct 202418365571.372.28$14,555
Sep 2024034369.612.36$811
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 2024281076.091.78$21,381
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 2023185078.122.24$14,452
Mar 202318223772.852.39$13,826
Feb 202335260875.112.47$27,938
Jan 202320046276.533.39$16,871
Dec 202216640976.415.73$15,027
Nov 202238337785.005.65$34,684
Oct 202270053587.185.86$64,163
Sep 202253054784.888.16$49,452
Aug 202235752294.529.13$38,508
Jul 2022618972101.587.54$70,107
Jun 2022112115.097.98$211
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 20212079.795.71$160
Sep 202148069.865.35$3,353
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 20208647338.772.71$4,614
Oct 202030648636.972.48$12,517
Sep 202018564737.091.99$8,150
Aug 202028850039.982.39$12,707
Jul 202027045738.371.83$11,194
Jun 202012344134.901.69$5,038
May 202016052416.921.81$3,658
Apr 202011641114.751.80$2,453
Mar 202032261330.341.86$10,907
Feb 20205871,48849.881.98$32,227
Jan 20206822,75757.252.09$44,820
Dec 20191,0183,33059.012.30$67,746
Nov 20191,0123,73855.302.75$66,246
Oct 20199914,10253.472.42$62,910
Sep 20193902,67855.052.66$28,586
Aug 20193302,87053.112.30$24,140
Jul 20196112,83356.272.46$41,350
Jun 20197143,27952.782.49$45,854
May 20198343,71858.482.74$58,961
Apr 20199263,22662.632.75$66,869
Mar 20199883,45856.803.06$66,707
Feb 20199513,63550.852.79$58,508
Jan 20195692,41246.033.23$33,977
Dec 20184492,67146.594.19$32,098
Nov 20184982,96152.934.24$38,906
Oct 20184563,06961.443.40$38,445
Sep 20186754,00159.543.11$52,625
Aug 20186474,16559.403.07$51,204
Jul 20186812,48365.142.93$51,640
Jun 20185724,31760.183.08$47,706
May 20184172,82465.382.90$35,455
Apr 20184962,66163.842.90$39,384
Mar 20185691,73861.222.79$39,678
Feb 20188152,35961.782.77$56,876
Jan 20181,0562,73162.874.01$77,340
Dec 20177633,23957.272.92$53,160
Nov 20171,0314,36855.423.12$70,759
Oct 20171,3162,80949.292.98$73,247
Sep 20179561,58147.523.09$50,310
Aug 20176271,41445.373.00$32,695
Jul 20176371,62243.873.09$32,953
Jun 20176761,52242.493.09$33,422
May 20171,0501,53545.373.26$52,648
Apr 20179821,47247.933.21$51,795
Mar 20171,2712,75846.772.98$67,674
Feb 20174961,69050.452.95$30,013
Jan 20173771,10049.413.42$22,388
Dec 201638482948.763.72$21,810
Nov 20168821,51942.492.64$41,493
Oct 20161,1641,37946.193.09$58,027
Sep 20161,0201,12241.553.10$45,860
Aug 20164531,69541.442.92$23,729
Jul 20167101,30741.622.92$33,372
Jun 20167732,48645.352.69$41,733
May 20169442,53642.521.99$45,188
Apr 20161,2335,58636.561.99$56,200
Mar 20168523,69733.011.79$34,757
Feb 20166412,04226.472.06$21,181
Jan 20169823,05527.352.36$34,081
Dec 20157652,26432.362.00$29,287
Nov 20159132,64038.792.17$41,137
Oct 20151,2063,85643.552.43$61,878
Sep 20159793,38242.992.76$51,416
Aug 20154631,34040.162.87$22,443
Jul 20151,0353,39448.152.95$59,831
Jun 20151,2844,30256.152.88$84,499
May 20151,3794,29155.212.96$88,816
Apr 20151,3384,41349.822.71$78,603
Mar 20151,3204,64442.892.93$70,244
Feb 20157722,48544.662.98$41,873
Jan 20151,3333,44143.433.10$68,561
Dec 20141,3414,69154.693.59$90,186
Nov 20141,6164,08770.464.25$131,241
Oct 20141,6424,13178.303.90$144,683
Sep 20141,4264,36986.164.05$140,539
Aug 20141,3814,29889.394.04$140,791
Jul 20141,3655,62296.564.18$155,302
Jun 20141,4515,48298.164.74$168,398
May 20141,4394,40494.734.73$157,132
Apr 20141,4223,93495.944.81$155,346
Mar 20141,759095.895.06$168,671
Feb 20141,612097.406.19$157,009
Jan 20141,548090.404.86$139,939
Dec 20132,187091.824.35$200,810
Nov 20131,896088.853.74$168,460
Oct 20131,995097.423.78$194,353
Sep 20131,4640104.113.72$152,417
Aug 20131,5124,063104.253.52$171,938
Jul 20131,8734,729102.523.72$209,601
Jun 20131,6373,92294.403.93$169,960
May 20132,1694,15794.834.15$222,934
Apr 20132,3143,64793.964.28$233,042
Mar 20132,7093,87293.623.91$268,767
Feb 20132,2874,29091.233.42$223,314
Jan 20133,116091.603.42$285,426
Dec 20123,521086.773.42$305,517
Nov 20121,944086.953.62$169,031
Oct 20122,264089.383.40$202,356
Sep 20122,185094.672.92$206,854
Aug 20122,3926,13592.662.91$239,484
Jul 20122,0255,65685.133.02$189,474
Jun 20122,7137,83979.822.52$236,298
May 20123,78710,50491.612.49$373,064
Apr 20123,9209,558101.652.00$417,553
Mar 20123,9589,978105.052.22$437,960
Feb 20124,8579,799101.102.57$516,228
Jan 20124,6547,72098.092.73$477,618
Dec 20112,6674,34496.873.24$272,426
Nov 20111,4392,55395.723.31$146,195
Oct 20118331,43284.983.65$76,013
Sep 20111,5972,49383.623.99$143,478
Aug 20112,0063,29583.404.15$180,972
Jul 20112,1603,99094.144.52$221,366
Jun 20118792,04492.904.64$91,143
May 20112,2095,85198.134.40$242,542
Apr 20113,4806,467105.964.33$396,764
Mar 20112,9085,38196.364.06$302,047
Feb 20112,5974,05485.644.18$239,353
Jan 20112,4714,92186.504.59$236,323
Dec 20102,5694,64385.734.35$240,427
Nov 20102,4023,95680.843.80$209,192
Oct 20103781,49178.103.51$34,754
Sep 20101641,50072.633.98$17,881
Aug 201010997673.684.42$12,344
Jul 20101621,30372.554.74$17,925
Jun 201047775870.364.91$37,284
May 20106711,07271.124.24$52,262
Apr 201047880381.694.12$42,358
Mar 20106951,20678.394.39$59,774
Feb 20107191,25473.585.44$59,729
Jan 201038585974.365.96$33,752
Dec 20095761,39771.445.48$48,810
Nov 20096201,33374.593.75$51,247
Oct 20096801,38972.544.11$55,036
Sep 20096301,41965.543.06$45,639
Aug 20096941,35667.423.22$51,154
Jul 20096652,11061.133.46$47,962
Jun 20097181,86866.163.90$54,779
May 20095111,29554.743.93$33,056
Apr 20095231,56646.773.59$30,079
Mar 20096371,60442.144.06$33,354
Feb 20096091,21732.814.63$25,620
Jan 20096421,45835.865.37$30,853
Dec 20086978437.105.98$26,361
Nov 20086891,44355.496.86$48,132
Oct 20086932,42975.246.92$68,955
Sep 20088141,681101.767.88$96,074
Aug 20081,0252,739114.228.48$140,310
Jul 20081,1301,464131.0811.39$164,795
Jun 20081,1183,531131.3313.03$192,845
May 20081,0173,903123.1711.57$170,438
Apr 20081,3214,252110.3110.45$190,174
Mar 20081,5034,793101.909.66$199,476
Feb 20082,0745,05392.538.77$236,225
Jan 20083,0744,82390.388.21$317,404
Dec 200702,67988.337.30$19,562
Nov 2007010191.677.29$736

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                   64 bbl  × $106.41 =     $6,810
Casinghead gas       361 Mcf  × $  3.05 =     $1,100

────────────────────────────────────────────────────
Month total                                   $7,910

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/38533 is the state's own key, not one this site invented.