UNIVERSITY 7-17 B

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 38620District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$13.0 M
Feb 2008 – May 2026
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
220
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
OilDisposition154,790 bbl$11,722,485
Casinghead gasProduction328,139 Mcf$1,285,041
Total$13,007,526

Wells on this lease (5)

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 32.4027, -102.1973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.40375, -102.19758 · 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
10,301 ft
5 wells filed one
Completion to plug
6.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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 10,210 and 11,726 ft, median 10,301 ft, over the 5 wells that filed a depth.

Completions filed
Feb 2008 – Oct 2014
5 of 5 wells
Plug dates filed
Sep 2016 – Mar 2022
2 of 5 wells; 3 filed none

Last completion to plug: a median of 6.6 years across the 2 wells that filed both dates, with the middle half between 6.2 years and 7.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-31739684911,726 ftOct 2014Mar 2022Yes
42-31736129410,970 ftMar 2011
42-31736062210,301 ftDec 2010Sep 2016Yes
42-31735869110,250 ftJul 2010
42-31735131310,210 ftFeb 2008

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 (220)

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

220 months

May 202600106.413.05$0
Apr 2026111398.932.87$1,126
Mar 202611738589.753.15$11,713
Feb 202610017863.503.75$7,018
Jan 202614319359.138.00$9,999
Dec 202517622356.664.41$10,956
Nov 202518238358.593.93$12,167
Oct 202519055159.383.30$13,103
Sep 202521944562.743.08$15,109
Aug 202519729063.933.01$13,468
Jul 20259827766.743.32$7,459
Jun 202524569366.483.13$18,456
May 202530624760.553.23$19,327
Apr 202517856762.363.54$13,109
Mar 202519157167.704.27$15,368
Feb 202514941470.884.34$12,358
Jan 202520553574.324.28$17,525
Dec 202418451568.993.12$14,302
Nov 202424042769.052.20$17,511
Oct 202415834571.372.28$12,064
Sep 20240069.612.36$0
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 202422080.301.55$1,767
Feb 202418241776.091.78$14,592
Jan 20245113573.023.30$4,169
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 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
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 20210079.795.71$0
Sep 20210069.865.35$0
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 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 202008734.901.69$147
May 202006516.921.81$118
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201843061.222.79$2,632
Feb 201834225561.782.77$21,834
Jan 201853254162.874.01$35,616
Dec 2017491957.272.92$2,862
Nov 201734739055.423.12$20,447
Oct 201757955249.292.98$30,186
Sep 201765648847.523.09$32,680
Aug 201710327345.373.00$5,493
Jul 201718043.873.09$790
Jun 201741542.493.09$1,758
May 20179045.373.26$408
Apr 201731047.933.21$1,486
Mar 201721128146.772.98$10,707
Feb 201761297750.452.95$33,760
Jan 20176791,05749.413.42$37,163
Dec 201658757248.763.72$30,752
Nov 201648856442.492.64$22,227
Oct 201664695046.193.09$32,774
Sep 20161,2421,58041.553.10$56,504
Aug 20161,4831,46141.442.92$65,728
Jul 20161,5391,18741.622.92$67,524
Jun 20161,5811,30045.352.69$75,190
May 20161,3354,45342.521.99$65,630
Apr 20161,7306,51636.561.99$76,222
Mar 20162,3916,76533.011.79$91,063
Feb 20161,9413,77926.472.06$59,177
Jan 20168962,15327.352.36$29,596
Dec 20151,0572,75532.362.00$39,718
Nov 20151,5204,74338.792.17$69,240
Oct 20151,7334,81543.552.43$87,156
Sep 20151,7595,20742.992.76$89,983
Aug 20151,9234,83440.162.87$91,113
Jul 20152,2147,68248.152.95$129,228
Jun 20151,9546,96856.152.88$129,805
May 20152,4978,68955.212.96$163,539
Apr 20152,8199,06749.822.71$164,983
Mar 20152,3715,95042.892.93$119,154
Feb 20152,5014,59444.662.98$125,367
Jan 20151,9564,17743.433.10$97,900
Dec 20142,9374,28854.693.59$176,024
Nov 20144,0304,84070.464.25$304,533
Oct 20144,2035,07278.303.90$348,881
Sep 20141,2872,53486.164.05$121,139
Aug 20142,1364,01289.394.04$207,126
Jul 20141,2832,85296.564.18$135,807
Jun 20141,9093,55298.164.74$204,213
May 20142,1744,51394.734.73$227,274
Apr 20142,5094,41195.944.81$261,926
Mar 20141,5482,10995.895.06$159,103
Feb 20141,3053,41697.406.19$148,259
Jan 20141,4773,17890.404.86$148,968
Dec 20131,5653,64491.824.35$159,566
Nov 20132,0675,00988.853.74$202,378
Oct 20132,2123,62597.423.78$229,193
Sep 20132,0535,303104.113.72$233,453
Aug 20131,9853,968104.253.52$220,914
Jul 20132,2344,914102.523.72$247,299
Jun 20132,2675,15294.403.93$234,270
May 20132,4805,04994.834.15$256,127
Apr 20132,4954,81493.964.28$255,047
Mar 20132,9015,32993.623.91$292,443
Feb 20132,8534,60191.233.42$276,014
Jan 20133,3765,25591.603.42$327,213
Dec 20123,3765,29386.773.42$311,038
Nov 20122,8635,31386.953.62$268,197
Oct 20122,7364,57789.383.40$260,104
Sep 20123,0435,75394.672.92$304,870
Aug 20122,3953,20392.662.91$231,236
Jul 20127911,90485.133.02$73,089
Jun 20121,2702,72679.822.52$108,238
May 20127462,44891.612.49$74,432
Apr 20124741,898101.652.00$51,972
Mar 20124111,564105.052.22$46,651
Feb 20129122,809101.102.57$99,423
Jan 20121,0452,85998.092.73$110,321
Dec 20118582,58596.873.24$91,489
Nov 201118579995.723.31$20,354
Oct 201114178784.983.65$14,854
Sep 201112580183.623.99$13,645
Aug 20111881,05783.404.15$20,065
Jul 20112111,33794.144.52$25,903
Jun 20112221,34792.904.64$26,874
May 20111891,19698.134.40$23,815
Apr 20112241,421105.964.33$29,893
Mar 20112231,56596.364.06$27,838
Feb 20112141,48385.644.18$24,526
Jan 20112021,50486.504.59$24,375
Dec 20101611,35685.734.35$19,698
Nov 20101471,24280.843.80$16,597
Oct 20101811,30478.103.51$18,712
Sep 2010971,25172.633.98$12,023
Aug 20103541,29873.684.42$31,819
Jul 20104591,47872.554.74$40,301
Jun 20104601,78670.364.91$41,136
May 20104891,83871.124.24$42,562
Apr 20104401,80781.694.12$43,393
Mar 20104781,98578.394.39$46,182
Feb 20104612,00973.585.44$44,854
Jan 20105671,87974.365.96$53,369
Dec 20094201,17471.445.48$36,443
Nov 20094431,07874.593.75$37,087
Oct 20094781,11772.544.11$39,265
Sep 200934686765.543.06$25,334
Aug 20095131,09667.423.22$38,114
Jul 20096251,22961.133.46$42,464
Jun 20096581,13466.163.90$47,950
May 20095111,09454.743.93$32,267
Apr 20094501,15346.773.59$25,183
Mar 20095991,25442.144.06$30,332
Feb 200963297232.814.63$25,239
Jan 20098721,78435.865.37$40,852
Dec 200895010137.105.98$35,849
Nov 20089781,67455.496.86$65,753
Oct 20081,1392,06075.246.92$99,958
Sep 20081,3041,426101.767.88$143,928
Aug 20081,4652,323114.228.48$187,038
Jul 20081,180899131.0811.39$164,914
Jun 20081,4922,397131.3313.03$227,184
May 20081,7753,887123.1711.57$263,616
Apr 20082,3774,127110.3110.45$305,354
Mar 20083,5893,766101.909.66$402,114
Feb 20081,4111,07092.538.77$139,944

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                   11 bbl  × $ 98.93 =     $1,088
Casinghead gas        13 Mcf  × $  2.87 =        $37

────────────────────────────────────────────────────
Month total                                   $1,126

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/38620 is the state's own key, not one this site invented.