UNIVERSITY "6-25"

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 38587District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$4.9 M
Aug 2007 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
226
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
OilDisposition59,534 bbl$4,464,152
Casinghead gasProduction110,823 Mcf$414,563
Total$4,878,715

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 32.4859, -102.2419. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.48592, -102.24191 · 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
10,891 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 10,357 and 11,425 ft, median 10,891 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2007 – Feb 2012
2 of 2 wells

2 wells

42-00342756511,425 ftFeb 2012
42-00340122110,357 ftAug 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 (226)

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

226 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260389.753.15$9
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202564059.383.30$3,800
Sep 20250062.743.08$0
Aug 2025604963.933.01$3,984
Jul 20250066.743.32$0
Jun 202501466.483.13$44
May 202561660.553.23$3,713
Apr 20259334062.363.54$7,004
Mar 202518727167.704.27$13,817
Feb 2025021170.884.34$916
Jan 202513415174.324.28$10,605
Dec 202404568.993.12$140
Nov 202417320369.052.20$12,392
Oct 202437416471.372.28$27,067
Sep 2024016369.612.36$385
Aug 20249917475.632.06$7,846
Jul 202411632079.932.15$9,959
Jun 202419828178.082.63$16,200
May 202416136378.812.20$13,486
Apr 20249925384.451.66$8,780
Mar 20249216180.301.55$7,636
Feb 2024124176.091.78$986
Jan 20246973.023.30$468
Dec 202378771.262.61$726
Nov 20230077.892.81$0
Oct 20232085.443.09$171
Sep 20239089.042.74$801
Aug 20238880.522.67$666
Jul 202395774.852.64$824
Jun 20238068.962.26$552
May 2023113070.622.23$7,980
Apr 202389078.122.24$6,953
Mar 202322013272.852.39$16,343
Feb 20234813675.112.47$3,941
Jan 20231117276.533.39$1,425
Dec 202230076.415.73$2,292
Nov 202216013685.005.65$14,368
Oct 20223415487.185.86$3,867
Sep 20224422184.888.16$5,539
Aug 202212716994.529.13$13,547
Jul 202260400101.587.54$9,112
Jun 2022141239115.097.98$18,134
May 2022120272109.378.43$15,418
Apr 2022182259104.226.84$20,739
Mar 2022118242108.885.08$14,076
Feb 202213730591.054.86$13,956
Jan 202210939481.844.54$10,708
Dec 202118644171.323.90$14,985
Nov 20218342877.435.24$8,668
Oct 202113135379.795.71$12,469
Sep 202111418169.865.35$8,933
Aug 202117116166.024.22$11,969
Jul 20216012470.783.98$4,741
Jun 202110813369.493.38$7,955
May 202121717163.483.02$14,291
Apr 202113214460.362.76$8,365
Mar 202120430761.302.72$13,339
Feb 202117018457.805.55$10,847
Jan 202126813250.412.81$13,881
Dec 202067844.642.68$3,012
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 2020104016.921.81$1,760
Apr 202027912014.751.80$4,332
Mar 202035815030.341.86$11,140
Feb 202033412749.881.98$16,911
Jan 202047015257.252.09$27,226
Dec 201943513559.012.30$25,980
Nov 201938321255.302.75$21,763
Oct 201912324253.472.42$7,162
Sep 20199717155.052.66$5,794
Aug 201918057453.112.30$10,883
Jul 201922072856.272.46$14,170
Jun 201920253852.782.49$12,002
May 201922847758.482.74$14,641
Apr 201927040762.632.75$18,030
Mar 201928451456.803.06$17,705
Feb 201921752650.852.79$12,503
Jan 201926462446.033.23$14,166
Dec 201826329346.594.19$13,480
Nov 201833543352.934.24$19,566
Oct 201830965461.443.40$21,207
Sep 201829564459.543.11$19,566
Aug 201832970759.403.07$21,711
Jul 201835076765.142.93$25,048
Jun 201830874960.183.08$20,840
May 201828884365.382.90$21,275
Apr 201824959863.842.90$17,631
Mar 201819953361.222.79$13,668
Feb 201817055661.782.77$12,041
Jan 201824357562.874.01$17,583
Dec 201723466657.272.92$15,347
Nov 201732578555.423.12$20,459
Oct 201728683149.292.98$16,576
Sep 201731582547.523.09$17,516
Aug 201729785345.373.00$16,038
Jul 201726882343.873.09$14,298
Jun 201731578842.493.09$15,817
May 201733144645.373.26$16,473
Apr 201726560247.933.21$14,635
Mar 201733164046.772.98$17,390
Feb 201728362850.452.95$16,132
Jan 201723463949.413.42$13,747
Dec 20167657648.763.72$5,850
Nov 20164512142.492.64$2,232
Oct 20165323946.193.09$3,187
Sep 20169736041.553.10$5,147
Aug 201619558941.442.92$9,803
Jul 201618571641.622.92$9,794
Jun 201623570245.352.69$12,543
May 201635281942.521.99$16,598
Apr 201631884436.561.99$13,307
Mar 201631874933.011.79$11,841
Feb 201635673226.472.06$10,934
Jan 201645073627.352.36$14,048
Dec 201538469132.362.00$13,809
Nov 201538681038.792.17$16,728
Oct 201546782843.552.43$22,347
Sep 201534290742.992.76$17,204
Aug 201536198740.162.87$17,333
Jul 201538996948.152.95$21,584
Jun 20153471,06156.152.88$22,543
May 201552094455.212.96$31,499
Apr 201544484049.822.71$24,394
Mar 201548372142.892.93$22,832
Feb 201538449344.662.98$18,617
Jan 201533465343.433.10$16,530
Dec 201436487354.693.59$23,042
Nov 201441881570.464.25$32,918
Oct 20143591,10078.303.90$32,401
Sep 201419289586.164.05$20,163
Aug 201415455089.394.04$15,985
Jul 201431760896.564.18$33,151
Jun 201422753598.164.74$24,817
May 201426888894.734.73$29,585
Apr 20143811,07495.944.81$41,718
Mar 201446687695.895.06$49,115
Feb 201446665497.406.19$49,438
Jan 201439381990.404.86$39,508
Dec 201355773591.824.35$54,344
Nov 201345084188.853.74$43,126
Oct 20135441,20397.423.78$57,543
Sep 20136291,198104.113.72$69,939
Aug 20136941,486104.253.52$77,584
Jul 20138211,323102.523.72$89,087
Jun 20136751,51094.403.93$69,659
May 20137391,40894.834.15$75,921
Apr 20137471,78393.964.28$77,824
Mar 20138521,66393.623.91$86,271
Feb 20136451,31491.233.42$63,337
Jan 201394292191.603.42$89,437
Dec 20128811,30786.773.42$80,915
Nov 20129301,57486.953.62$86,569
Oct 201241447189.383.40$38,605
Sep 20129881,34194.672.92$97,448
Aug 201286341992.662.91$81,184
Jul 20128853,20885.133.02$85,031
Jun 20128222,43379.822.52$71,741
May 20121,1763,40291.612.49$116,199
Apr 20121,3541,847101.652.00$141,322
Mar 20121,4481,151105.052.22$154,670
Feb 2012234584101.102.57$25,158
Jan 201229244398.092.73$29,853
Dec 201111932396.873.24$12,574
Nov 201150110095.723.31$48,287
Oct 2011014484.983.65$525
Sep 201128034983.623.99$24,805
Aug 20119617683.404.15$8,737
Jul 201119513794.144.52$18,976
Jun 201131226692.904.64$30,219
May 2011718798.134.40$7,350
Apr 201116291105.964.33$17,560
Mar 201112720696.364.06$13,074
Feb 201116420785.644.18$14,910
Jan 201115330186.504.59$14,616
Dec 201016734085.734.35$15,795
Nov 201016230980.843.80$14,269
Oct 201026736378.103.51$22,126
Sep 201027936072.633.98$21,696
Aug 201014235273.684.42$12,018
Jul 201026641572.554.74$21,264
Jun 201033240270.364.91$25,334
May 201035043271.124.24$26,722
Apr 201035745881.694.12$31,052
Mar 201034648878.394.39$29,265
Feb 2010043273.585.44$2,351
Jan 201035451174.365.96$29,371
Dec 200917644271.445.48$14,997
Nov 200934837974.593.75$27,379
Oct 2009013772.544.11$563
Sep 200935337965.543.06$24,297
Aug 200935355467.423.22$25,582
Jul 2009063061.133.46$2,183
Jun 200935957666.163.90$25,995
May 200935645754.743.93$21,282
Apr 200935851746.773.59$18,598
Mar 2009051142.144.06$2,074
Feb 2009094832.814.63$4,392
Jan 200944337535.865.37$17,900
Dec 200845158937.105.98$20,253
Nov 2008053255.496.86$3,650
Oct 200840762175.246.92$34,921
Sep 200818485101.767.88$19,393
Aug 2008305110114.228.48$35,770
Jul 2008257468131.0811.39$39,018
Jun 2008227545131.3313.03$36,915
May 2008497400123.1711.57$65,845
Apr 2008350467110.3110.45$43,491
Mar 2008323337101.909.66$36,170
Feb 200833653192.538.77$35,747
Jan 200835951190.388.21$36,640
Dec 200735636788.337.30$34,125
Nov 200753035291.677.29$51,152
Oct 2007029782.856.92$2,056
Sep 200708475.846.24$525
Aug 200708769.066.39$556

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.

Mar 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 89.75 =         $0
Casinghead gas         3 Mcf  × $  3.15 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/38587 is the state's own key, not one this site invented.