UNIVERSITY 7-32

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 38550District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$8.5 M
Oct 2007 – May 2026
Value, last 12 filed months
$115 k
at the published price for each month
Months reported
224
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
OilDisposition95,897 bbl$7,131,147
Casinghead gasProduction347,552 Mcf$1,363,805
Total$8,494,951

Wells on this lease (2)

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 32.3750, -102.2090. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.37497, -102.20896 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,289 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 10,200 and 10,377 ft, median 10,289 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2007 – Dec 2010
2 of 2 wells

2 wells

42-31736145110,377 ftDec 2010
42-00340041310,200 ftOct 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 (224)

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

224 months

May 20261141,428106.413.05$16,480
Apr 2026331,16298.932.87$6,599
Mar 2026411,12589.753.15$7,223
Feb 2026101,30263.503.75$5,518
Jan 202623059.138.00$1,360
Dec 202550056.664.41$2,833
Nov 2025631,13458.593.93$8,144
Oct 2025052959.383.30$1,748
Sep 2025622,39262.743.08$11,250
Aug 20251142,16263.933.01$13,806
Jul 20252352,65966.743.32$24,499
Jun 2025932,91466.483.13$15,300
May 20252063,19260.553.23$22,791
Apr 20251173,19962.363.54$18,631
Mar 2025903,24267.704.27$19,931
Feb 20251242,26170.884.34$18,604
Jan 20251463,45774.324.28$25,642
Dec 20241653,55868.993.12$22,489
Nov 20241682,75069.052.20$17,646
Oct 2024701,98671.372.28$9,527
Sep 20241769.612.36$86
Aug 202413475.632.06$146
Jul 20240079.932.15$0
Jun 202411078.082.63$859
May 202433078.812.20$2,601
Apr 20242165,15484.451.66$26,793
Mar 20243646,34780.301.55$39,036
Feb 20246585,63076.091.78$60,109
Jan 20244105,14873.023.30$46,915
Dec 20233155,49171.262.61$36,782
Nov 20231802,34077.892.81$20,590
Oct 20233352,86385.443.09$37,461
Sep 20233414,02189.042.74$41,360
Aug 20238373,60180.522.67$77,020
Jul 20237163,59874.852.64$63,098
Jun 20234622,62268.962.26$37,781
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202324075.112.47$1,803
Jan 20231225176.533.39$1,769
Dec 2022187076.415.73$14,289
Nov 20225334,63185.005.65$71,453
Oct 20225945,42687.185.86$83,602
Sep 20227014,99684.888.16$100,287
Aug 20228144,44494.529.13$117,500
Jul 20228593,968101.587.54$117,184
Jun 20223323,101115.097.98$62,947
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 202115079.795.71$1,197
Sep 202110069.865.35$699
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 202105957.805.55$327
Jan 202113761050.412.81$8,620
Dec 202019768644.642.68$10,629
Nov 20205211,83638.772.71$25,168
Oct 20205412,12836.972.48$25,275
Sep 20204601,62837.091.99$20,303
Aug 20205462,01039.982.39$26,623
Jul 20205592,29538.371.83$25,637
Jun 20208582,29034.901.69$33,815
May 20207862,28716.921.81$17,449
Apr 20206651,90714.751.80$13,250
Mar 20202221,21930.341.86$8,998
Feb 202018687449.881.98$11,009
Jan 20203331,35757.252.09$21,907
Dec 20196861,58559.012.30$44,133
Nov 20196471,30755.302.75$39,374
Oct 20194161,34053.472.42$25,484
Sep 20191741,20455.052.66$12,778
Aug 20191941,54953.112.30$13,873
Jul 20191741,53956.272.46$13,577
Jun 20191721,59852.782.49$13,059
May 20191871,57358.482.74$15,246
Apr 20192201,74962.632.75$18,590
Mar 20194691,99056.803.06$32,733
Feb 20197021,86150.852.79$40,893
Jan 20196031,45246.033.23$32,443
Dec 20186202,07046.594.19$37,550
Nov 20184211,85452.934.24$30,139
Oct 20187772,39861.443.40$55,887
Sep 20187112,24359.543.11$49,304
Aug 20184142,24059.403.07$31,461
Jul 20184071,65965.142.93$31,376
Jun 20184081,50860.183.08$29,193
May 20185871,85365.382.90$43,753
Apr 20186082,05963.842.90$44,787
Mar 20182201,33761.222.79$17,194
Feb 20184261,80161.782.77$31,300
Jan 20186661,63862.874.01$48,439
Dec 20173921,96457.272.92$28,188
Nov 20173042,09655.423.12$23,384
Oct 20177142,86449.292.98$43,738
Sep 20176562,65047.523.09$39,354
Aug 20171911,39345.373.00$12,851
Jul 20172251,57643.873.09$14,736
Jun 20171711,59142.493.09$12,178
May 20172091,47945.373.26$14,309
Apr 201735089347.933.21$19,643
Mar 201720096146.772.98$12,221
Feb 20171731,36050.452.95$12,743
Jan 20171581,54849.413.42$13,099
Dec 20161791,41448.763.72$13,992
Nov 20161991,65642.492.64$12,835
Oct 20162261,70046.193.09$15,692
Sep 20162041,77741.553.10$13,986
Aug 20162722,02541.442.92$17,193
Jul 20162641,68541.622.92$15,915
Jun 20161741,19445.352.69$11,098
May 20161791,04342.521.99$9,688
Apr 20163102,03136.561.99$15,377
Mar 20162531,37733.011.79$10,822
Feb 20163131,67426.472.06$11,740
Jan 20166122,63827.352.36$22,975
Dec 20154432,33532.362.00$19,009
Nov 20154312,98438.792.17$23,186
Oct 20154312,72043.552.43$25,370
Sep 20154892,96042.992.76$29,187
Aug 20155553,01040.162.87$30,935
Jul 20155122,49148.152.95$31,989
Jun 20155852,66556.152.88$40,531
May 20154892,18355.212.96$33,449
Apr 20155322,24949.822.71$32,591
Mar 20155652,72042.892.93$32,215
Feb 20155102,79444.662.98$31,092
Jan 20155542,19543.433.10$30,866
Dec 20145042,59654.693.59$36,887
Nov 201463998670.464.25$49,216
Oct 20146391,37778.303.90$55,405
Sep 20147902,00786.164.05$76,186
Aug 20145612,61489.394.04$60,696
Jul 20147073,64696.564.18$83,507
Jun 20147293,91798.164.74$90,113
May 20145253,48894.734.73$66,219
Apr 20143612,48595.944.81$46,585
Mar 2014654095.895.06$62,712
Feb 2014616097.406.19$59,998
Jan 20141,356090.404.86$122,582
Dec 2013800091.824.35$73,456
Nov 2013666088.853.74$59,174
Oct 2013661097.423.78$64,395
Sep 20138510104.113.72$88,598
Aug 20137984,069104.253.52$97,525
Jul 20137330102.523.72$75,147
Jun 2013697094.403.93$65,797
May 2013697094.834.15$66,097
Apr 2013710093.964.28$66,712
Mar 2013823093.623.91$77,049
Feb 2013830091.233.42$75,721
Jan 20131,051091.603.42$96,272
Dec 20121,079086.773.42$93,625
Nov 2012705086.953.62$61,300
Oct 2012729089.383.40$65,158
Sep 2012878094.672.92$83,120
Aug 201234066892.662.91$33,447
Jul 201217328885.133.02$15,597
Jun 201231374579.822.52$26,860
May 201246971991.612.49$44,754
Apr 2012279612101.652.00$29,582
Mar 2012325534105.052.22$35,328
Feb 2012231307101.102.57$24,143
Jan 201234939698.092.73$35,316
Dec 201161068996.873.24$61,323
Nov 201141780495.723.31$42,578
Oct 201132873984.983.65$30,570
Sep 201117992283.623.99$18,643
Aug 201121078383.404.15$20,763
Jul 201117257794.144.52$18,799
Jun 201118463592.904.64$20,040
May 201130969598.134.40$33,384
Apr 2011134166105.964.33$14,918
Mar 201151870196.364.06$52,759
Feb 201148568085.644.18$44,378
Jan 201149880886.504.59$46,785
Dec 201045685985.734.35$42,828
Nov 201049990080.843.80$43,755
Oct 201044181978.103.51$37,316
Sep 201032578872.633.98$26,741
Aug 201031094673.684.42$27,022
Jul 201019592872.554.74$18,543
Jun 201015298870.364.91$15,546
May 201018399471.124.24$17,225
Apr 201035286381.694.12$32,313
Mar 20107881,83178.394.39$69,807
Feb 20105801,86673.585.44$52,832
Jan 20108641,40974.365.96$72,650
Dec 20094491,06571.445.48$37,917
Nov 20093451,04174.593.75$29,639
Oct 20093501,16972.544.11$30,194
Sep 20094401,25065.543.06$32,669
Aug 200932193467.423.22$24,648
Jul 200942296161.133.46$29,126
Jun 200962666666.163.90$44,010
May 20098021,39954.743.93$49,394
Apr 20094661,39446.773.59$26,796
Mar 20095561,77742.144.06$30,643
Feb 200954980132.814.63$21,724
Jan 20095811,11435.865.37$26,818
Dec 200855256437.105.98$23,850
Nov 20085851,74655.496.86$44,440
Oct 20086252,38075.246.92$63,499
Sep 20085751,749101.767.88$72,289
Aug 20087633,268114.228.48$114,872
Jul 20087321,051131.0811.39$107,921
Jun 20088851,330131.3313.03$133,560
May 20089001,262123.1711.57$125,460
Apr 20089702,184110.3110.45$129,834
Mar 20081,1842,060101.909.66$140,558
Feb 20081,4853,53392.538.77$168,394
Jan 20081,5854,18390.388.21$177,577
Dec 20071,9614,02388.337.30$202,591
Nov 20072,3952,97591.677.29$241,242
Oct 20071,50721682.856.92$126,350

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                  114 bbl  × $106.41 =    $12,131
Casinghead gas     1,428 Mcf  × $  3.05 =     $4,349

────────────────────────────────────────────────────
Month total                                  $16,480

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/38550 is the state's own key, not one this site invented.