UNIVERSITY "7-11"

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 38589District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$15.9 M
Apr 2007 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
230
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
OilDisposition198,055 bbl$13,644,039
Casinghead gasProduction664,060 Mcf$2,241,932
Total$15,885,971

Wells on this lease (4)

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 32.4095, -102.2212. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.41010, -102.22257 · 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
75.0%
3 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
11,206 ft
4 wells filed one
Completion to plug
10.8 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
375.0%
BothOn the schedule and plugged. Neither fact cancels the other.
375.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 10,370 and 11,439 ft, median 11,206 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2008 – Sep 2019
4 of 4 wells
Plug dates filed
Sep 2019 – Feb 2024
3 of 4 wells; 1 filed none

Last completion to plug: a median of 10.8 years across the 3 wells that filed both dates, with the middle half between 7.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-00343134211,230 ftSep 2019Feb 2024Yes
42-00342862311,439 ftMar 2013
42-00342438411,181 ftAug 2011Jan 2024Yes
42-00340049110,370 ftNov 2008Sep 2019Yes

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 (230)

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

230 months

May 202600106.413.05$0
Apr 202661098.932.87$6,035
Mar 20260089.753.15$0
Feb 202626063.503.75$1,651
Jan 20260059.138.00$0
Dec 2025103056.664.41$5,836
Nov 20257993958.593.93$8,316
Oct 2025491,96659.383.30$9,407
Sep 20251302,00562.743.08$14,325
Aug 2025951,21163.933.01$9,724
Jul 20251081,57766.743.32$12,436
Jun 2025861,56866.483.13$10,623
May 2025691,76460.553.23$9,880
Apr 2025731,63762.363.54$10,352
Mar 2025531,42567.704.27$9,670
Feb 2025551,35670.884.34$9,785
Jan 2025141,15574.324.28$5,982
Dec 20241971,64568.993.12$18,726
Nov 2024491,50769.052.20$6,697
Oct 20242051,30971.372.28$17,617
Sep 2024431,60069.612.36$6,776
Aug 20241241,49275.632.06$12,457
Jul 2024941,59279.932.15$10,931
Jun 2024961,38778.082.63$11,149
May 20241881,96678.812.20$19,138
Apr 20241402,34984.451.66$15,720
Mar 20241661,10780.301.55$15,040
Feb 20242191,49576.091.78$19,330
Jan 20241281,57273.023.30$14,530
Dec 20232871,66871.262.61$24,806
Nov 20233821,91677.892.81$35,133
Oct 20231911,94685.443.09$22,327
Sep 2023911,62089.042.74$12,533
Aug 20231111,75880.522.67$13,637
Jul 20231431,71174.852.64$15,224
Jun 20231981,69968.962.26$17,491
May 20232441,76970.622.23$21,172
Apr 20232601,65578.122.24$24,015
Mar 20232531,80372.852.39$22,746
Feb 20232251,91075.112.47$21,609
Jan 20231782,63076.533.39$22,532
Dec 20221411,40476.415.73$18,817
Nov 20221901,89685.005.65$26,855
Oct 20221692,11987.185.86$27,159
Sep 20223362,07084.888.16$45,419
Aug 20223531,54494.529.13$47,458
Jul 20223091,454101.587.54$42,354
Jun 20221601,339115.097.98$29,096
May 20221351,292109.378.43$25,660
Apr 20221381,243104.226.84$22,882
Mar 20221631,202108.885.08$23,849
Feb 202216190091.054.86$19,032
Jan 20222191,22981.844.54$23,500
Dec 20213381,21571.323.90$28,844
Nov 20212041,33977.435.24$22,808
Oct 20211641,34679.795.71$20,776
Sep 20212911,27369.865.35$27,141
Aug 20212931,34466.024.22$25,016
Jul 20214641,24170.783.98$37,784
Jun 202139496369.493.38$30,635
May 202149425563.483.02$32,129
Apr 202170518560.362.76$43,064
Mar 202170823261.302.72$44,031
Feb 2021711857.805.55$1,059
Jan 202120050.412.81$1,008
Dec 202035044.642.68$1,562
Nov 202086838.772.71$494
Oct 202020036.972.48$739
Sep 202090037.091.99$3,338
Aug 202026412539.982.39$10,853
Jul 202032312438.371.83$12,620
Jun 202020314434.901.69$7,328
May 20201018816.921.81$1,869
Apr 202017716914.751.80$2,916
Mar 20203411930.341.86$1,252
Feb 202012019249.881.98$6,366
Jan 20204701,76857.252.09$30,611
Dec 20194371,22759.012.30$28,615
Nov 20195011,54055.302.75$31,941
Oct 20196012,61853.472.42$38,467
Sep 20199323,87255.052.66$61,596
Aug 20194242,58553.112.30$28,475
Jul 20198402,62756.272.46$53,729
Jun 20197912,11852.782.49$47,025
May 20191,2194,25058.482.74$82,933
Apr 20191,4334,90362.632.75$103,235
Mar 20191,5305,24556.803.06$102,965
Feb 20191,5655,25050.852.79$94,239
Jan 20192,0346,11646.033.23$113,369
Dec 20182,1166,60346.594.19$126,221
Nov 20182,1557,02552.934.24$143,831
Oct 20182,2638,07261.443.40$166,468
Sep 20181,8407,80359.543.11$133,805
Aug 20182,6187,01759.403.07$177,027
Jul 20182,7467,09865.142.93$199,685
Jun 20182,8096,94060.183.08$190,399
May 20183,0137,15265.382.90$217,736
Apr 20182,1694,59163.842.90$151,787
Mar 20188403,65561.222.79$61,611
Feb 20181,4893,94161.782.77$102,892
Jan 20182,8776,06562.874.01$205,194
Dec 20173,0697,08057.272.92$196,446
Nov 20174,2217,47555.423.12$257,238
Oct 20174,3987,98549.292.98$240,602
Sep 20173,3056,69547.523.09$177,723
Aug 20172,9026,09745.373.00$149,982
Jul 20172,5405,74943.873.09$129,179
Jun 20172,7745,54342.493.09$134,980
May 20172,8245,76445.373.26$146,935
Apr 20172,4264,86047.933.21$131,887
Mar 20171,3184,80746.772.98$75,985
Feb 20179863,94650.452.95$61,395
Jan 20178064,06949.413.42$53,736
Dec 20161,0974,41648.763.72$69,930
Nov 20161,2254,58242.492.64$64,167
Oct 20168434,06446.193.09$51,497
Sep 20168403,41541.553.10$45,491
Aug 20161,7845,40941.442.92$89,747
Jul 20161,5915,55141.622.92$82,450
Jun 20161,2394,91345.352.69$69,384
May 20161,4005,17942.521.99$69,840
Apr 20162,5706,32536.561.99$106,553
Mar 20161,7445,75933.011.79$67,901
Feb 20161,1774,96826.472.06$41,407
Jan 20161,7176,19927.352.36$61,617
Dec 20151,3145,29232.362.00$53,113
Nov 20158373,40538.792.17$39,847
Oct 20151,4285,07743.552.43$74,509
Sep 20151,2654,79242.992.76$67,601
Aug 20151,0164,81540.162.87$54,634
Jul 20151,0304,57348.152.95$63,062
Jun 20151,2134,77856.152.88$81,884
May 20151,8025,90355.212.96$116,934
Apr 20151,5983,32549.822.71$88,612
Mar 20157993,13042.892.93$43,455
Feb 20151,2704,72144.662.98$70,769
Jan 20151,6514,39743.433.10$85,336
Dec 20146172,54754.693.59$42,891
Nov 20141,8302,06970.464.25$137,739
Oct 20141,1043,05278.303.90$98,349
Sep 20141,8855,79086.164.05$185,835
Aug 20142,7196,69289.394.04$270,054
Jul 20143,5286,37196.564.18$367,292
Jun 20142,4344,76198.164.74$261,474
May 20141,7404,52994.734.73$186,237
Apr 20148453,30595.944.81$96,963
Mar 20141,6555,81695.895.06$188,108
Feb 20142,5578,35497.406.19$300,780
Jan 20142,2108,57890.404.86$241,479
Dec 20132,5257,59991.824.35$264,935
Nov 20132,0478,43088.853.74$213,390
Oct 20131,4196,21397.423.78$161,720
Sep 20132,7089,527104.113.72$317,349
Aug 20131,6559,324104.253.52$205,379
Jul 20131,7799,828102.523.72$218,921
Jun 20131,8379,52594.403.93$210,879
May 20132,45011,00294.834.15$277,982
Apr 20132,40510,63493.964.28$271,515
Mar 20132,3309,82293.623.91$256,567
Feb 20132,2569,61491.233.42$238,694
Jan 20133,08812,88391.603.42$326,920
Dec 20123,23910,75686.773.42$317,835
Nov 20122,5207,77586.953.62$247,298
Oct 20122,8428,55189.383.40$283,089
Sep 20122,0233,98494.672.92$203,144
Aug 20121,6464,86392.662.91$166,661
Jul 20122,4878,30385.133.02$236,800
Jun 20122,72610,45179.822.52$243,916
May 20123,83210,76291.612.49$377,829
Apr 20122,1465,221101.652.00$228,566
Mar 20122,1352,831105.052.22$230,572
Feb 20121,2332,853101.102.57$131,989
Jan 20123871,27298.092.73$41,439
Dec 20116021,94196.873.24$64,604
Nov 20119434,28595.723.31$104,453
Oct 20111,5758,77284.983.65$165,848
Sep 20118002,46383.623.99$76,713
Aug 20111727483.404.15$2,555
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200860055.496.86$3,329
Oct 2008029975.246.92$2,070
Sep 20080300101.767.88$2,363
Aug 200802114.228.48$17
Jul 20089610131.0811.39$12,698
Jun 200800131.3313.03$0
May 200801123.1711.57$12
Apr 2008960110.3110.45$10,590
Mar 200800101.909.66$0
Feb 2008101792.538.77$9,407
Jan 200801390.388.21$107
Dec 2007513588.337.30$4,760
Nov 200704691.677.29$335
Oct 2007028682.856.92$1,980
Sep 20070075.846.24$0
Aug 200701069.066.39$64
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200701658.747.85$126
Apr 2007033359.617.81$2,599

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.

Apr 2026 — as filed, then multipliedworked
Oil                   61 bbl  × $ 98.93 =     $6,035
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $6,035

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/38589 is the state's own key, not one this site invented.