UNIVERSITY "7-6"

Name: UNIVERSITY "7-6" lease production and value, Oct 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 38632District 08Field 85280300OilCasinghead gasSave Export

Value, all time

$25.4 M

Oct 2007 – May 2023

Value, last 12 filed months

$203 k

at the published price for each month

Months reported

188

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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.

Stream	Basis	Volume	Value
Oil	Disposition	333,456 bbl	$23,745,649
Casinghead gas	Production	469,218 Mcf	$1,637,882
Total			$25,383,531

Wells on this lease (7)

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 32.4186, -102.2608. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.41937, -102.26077 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

7 of 7 wells

With a plug date

100.0%

7 of 7 wells

Median depth

11,239 ft

7 wells filed one

Completion to plug

11.0 years

median over 7 wells

What the state filed about each well

On the RRC proration schedule

7100.0%

A plug date is filed

7100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

7100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 10,390 and 11,350 ft, median 11,239 ft, over the 7 wells that filed a depth.

Completions filed

Nov 2008 – Jun 2012

7 of 7 wells

Plug dates filed

Jun 2020 – Mar 2023

7 of 7 wells

Last completion to plug: a median of 11.0 years across the 7 wells that filed both dates, with the middle half between 10.8 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells


42-00343660	7	11,350 ft	Jun 2012	Jan 2023	Yes
42-00343655	6	11,328 ft	May 2012	Feb 2023	Yes
42-00342668	5	11,223 ft	Apr 2012	Feb 2023	Yes
42-00342667	4	11,239 ft	Feb 2012	Mar 2023	Yes
42-00342670	2	11,247 ft	Feb 2012	Feb 2023	Yes
42-00340124	1	10,390 ft	Nov 2008	Jun 2020	Yes
42-00340582	3	10,482 ft	Nov 2008	Jun 2020	Yes

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 (188)

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

188 months


May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	28	0	72.85	2.39	$2,040
Feb 2023	93	0	75.11	2.47	$6,985
Jan 2023	211	124	76.53	3.39	$16,568
Dec 2022	225	152	76.41	5.73	$18,063
Nov 2022	268	127	85.00	5.65	$23,497
Oct 2022	207	152	87.18	5.86	$18,938
Sep 2022	192	156	84.88	8.16	$17,570
Aug 2022	244	153	94.52	9.13	$24,459
Jul 2022	363	152	101.58	7.54	$38,020
Jun 2022	309	125	115.09	7.98	$36,560
May 2022	227	202	109.37	8.43	$26,530
Apr 2022	145	155	104.22	6.84	$16,172
Mar 2022	168	159	108.88	5.08	$19,099
Feb 2022	80	161	91.05	4.86	$8,066
Jan 2022	54	0	81.84	4.54	$4,419
Dec 2021	264	229	71.32	3.90	$19,721
Nov 2021	406	519	77.43	5.24	$34,155
Oct 2021	398	446	79.79	5.71	$34,305
Sep 2021	256	380	69.86	5.35	$19,918
Aug 2021	394	265	66.02	4.22	$27,130
Jul 2021	828	436	70.78	3.98	$60,342
Jun 2021	722	344	69.49	3.38	$51,335
May 2021	830	468	63.48	3.02	$54,101
Apr 2021	1,030	504	60.36	2.76	$63,561
Mar 2021	1,031	675	61.30	2.72	$65,034
Feb 2021	177	452	57.80	5.55	$12,738
Jan 2021	433	699	50.41	2.81	$23,792
Dec 2020	540	417	44.64	2.68	$25,221
Nov 2020	707	183	38.77	2.71	$27,906
Oct 2020	551	552	36.97	2.48	$21,739
Sep 2020	436	1,093	37.09	1.99	$18,347
Aug 2020	101	401	39.98	2.39	$4,994
Jul 2020	21	88	38.37	1.83	$966
Jun 2020	30	760	34.90	1.69	$2,332
May 2020	92	138	16.92	1.81	$1,807
Apr 2020	511	290	14.75	1.80	$8,061
Mar 2020	1,063	1,579	30.34	1.86	$35,182
Feb 2020	981	1,435	49.88	1.98	$51,775
Jan 2020	1,140	1,670	57.25	2.09	$68,763
Dec 2019	951	1,947	59.01	2.30	$60,605
Nov 2019	1,198	2,155	55.30	2.75	$72,177
Oct 2019	1,419	2,199	53.47	2.42	$81,192
Sep 2019	1,571	2,260	55.05	2.66	$92,489
Aug 2019	1,364	1,649	53.11	2.30	$76,242
Jul 2019	1,484	2,026	56.27	2.46	$88,489
Jun 2019	1,771	2,517	52.78	2.49	$99,744
May 2019	1,674	3,059	58.48	2.74	$106,278
Apr 2019	1,547	1,585	62.63	2.75	$101,248
Mar 2019	1,518	1,903	56.80	3.06	$92,050
Feb 2019	1,589	1,546	50.85	2.79	$85,117
Jan 2019	1,539	1,839	46.03	3.23	$76,777
Dec 2018	1,216	1,401	46.59	4.19	$62,517
Nov 2018	1,149	1,264	52.93	4.24	$66,172
Oct 2018	1,210	2,391	61.44	3.40	$82,467
Sep 2018	1,555	2,461	59.54	3.11	$100,233
Aug 2018	1,762	2,549	59.40	3.07	$112,479
Jul 2018	1,716	2,719	65.14	2.93	$119,752
Jun 2018	1,644	2,354	60.18	3.08	$106,179
May 2018	1,745	3,031	65.38	2.90	$122,880
Apr 2018	1,841	2,873	63.84	2.90	$125,863
Mar 2018	1,611	3,935	61.22	2.79	$109,592
Feb 2018	1,562	3,523	61.78	2.77	$106,245
Jan 2018	1,673	2,842	62.87	4.01	$116,576
Dec 2017	1,660	3,011	57.27	2.92	$103,865
Nov 2017	1,876	3,259	55.42	3.12	$114,131
Oct 2017	1,782	3,533	49.29	2.98	$98,376
Sep 2017	1,676	3,477	47.52	3.09	$90,378
Aug 2017	1,724	3,901	45.37	3.00	$89,938
Jul 2017	1,689	3,798	43.87	3.09	$85,822
Jun 2017	1,706	3,655	42.49	3.09	$83,772
May 2017	1,674	3,817	45.37	3.26	$88,406
Apr 2017	1,677	4,046	47.93	3.21	$93,373
Mar 2017	1,751	3,704	46.77	2.98	$92,946
Feb 2017	1,558	2,870	50.45	2.95	$87,075
Jan 2017	1,427	3,520	49.41	3.42	$82,542
Dec 2016	1,669	3,163	48.76	3.72	$93,156
Nov 2016	1,595	3,348	42.49	2.64	$76,625
Oct 2016	1,834	3,832	46.19	3.09	$96,554
Sep 2016	1,770	3,794	41.55	3.10	$85,307
Aug 2016	1,897	4,192	41.44	2.92	$90,871
Jul 2016	1,884	4,076	41.62	2.92	$90,332
Jun 2016	2,019	4,195	45.35	2.69	$102,829
May 2016	2,113	4,332	42.52	1.99	$98,470
Apr 2016	1,954	4,197	36.56	1.99	$79,795
Mar 2016	2,067	4,410	33.01	1.79	$76,143
Feb 2016	2,208	4,209	26.47	2.06	$67,132
Jan 2016	2,466	4,711	27.35	2.36	$78,584
Dec 2015	2,689	4,836	32.36	2.00	$96,695
Nov 2015	2,435	4,233	38.79	2.17	$103,628
Oct 2015	2,534	3,714	43.55	2.43	$119,368
Sep 2015	2,224	4,441	42.99	2.76	$107,860
Aug 2015	2,495	4,918	40.16	2.87	$114,326
Jul 2015	2,437	4,858	48.15	2.95	$131,649
Jun 2015	2,444	4,952	56.15	2.88	$151,507
May 2015	2,488	4,729	55.21	2.96	$151,339
Apr 2015	2,610	5,674	49.82	2.71	$145,387
Mar 2015	2,955	5,638	42.89	2.93	$143,286
Feb 2015	2,545	3,637	44.66	2.98	$124,484
Jan 2015	2,873	4,240	43.43	3.10	$137,921
Dec 2014	2,987	5,276	54.69	3.59	$182,307
Nov 2014	2,408	6,208	70.46	4.25	$196,063
Oct 2014	2,750	5,794	78.30	3.90	$237,927
Sep 2014	3,064	5,025	86.16	4.05	$284,323
Aug 2014	2,943	3,498	89.39	4.04	$277,190
Jul 2014	2,628	4,150	96.56	4.18	$271,105
Jun 2014	2,915	6,394	98.16	4.74	$316,424
May 2014	3,455	7,389	94.73	4.73	$362,217
Apr 2014	2,970	5,770	95.94	4.81	$312,690
Mar 2014	3,318	6,133	95.89	5.06	$349,176
Feb 2014	2,615	6,282	97.40	6.19	$293,599
Jan 2014	3,804	7,788	90.40	4.86	$381,737
Dec 2013	3,874	4,490	91.82	4.35	$375,262
Nov 2013	4,284	5,222	88.85	3.74	$400,155
Oct 2013	3,513	5,035	97.42	3.78	$361,266
Sep 2013	3,436	6,239	104.11	3.72	$380,917
Aug 2013	3,886	6,812	104.25	3.52	$429,112
Jul 2013	4,052	6,485	102.52	3.72	$439,521
Jun 2013	4,201	6,239	94.40	3.93	$421,115
May 2013	5,135	7,272	94.83	4.15	$517,124
Apr 2013	4,978	7,147	93.96	4.28	$498,341
Mar 2013	6,506	8,587	93.62	3.91	$642,692
Feb 2013	5,720	6,896	91.23	3.42	$545,419
Jan 2013	6,186	6,946	91.60	3.42	$590,392
Dec 2012	5,520	5,330	86.77	3.42	$497,200
Nov 2012	5,476	7,729	86.95	3.62	$504,156
Oct 2012	5,926	5,964	89.38	3.40	$549,942
Sep 2012	4,209	4,134	94.67	2.92	$410,531
Aug 2012	7,050	5,830	92.66	2.91	$670,208
Jul 2012	5,749	5,473	85.13	3.02	$505,945
Jun 2012	3,522	3,504	79.82	2.52	$289,953
May 2012	4,609	2,007	91.61	2.49	$427,225
Apr 2012	3,602	2,666	101.65	2.00	$371,467
Mar 2012	2,785	1,539	105.05	2.22	$295,984
Feb 2012	845	512	101.10	2.57	$86,745
Jan 2012	1,309	889	98.09	2.73	$130,830
Dec 2011	1,265	1,046	96.87	3.24	$125,929
Nov 2011	899	933	95.72	3.31	$89,142
Oct 2011	1,202	1,724	84.98	3.65	$108,436
Sep 2011	1,776	1,367	83.62	3.99	$153,958
Aug 2011	1,368	1,521	83.40	4.15	$120,402
Jul 2011	1,280	1,299	94.14	4.52	$126,367
Jun 2011	941	93	92.90	4.64	$87,850
May 2011	678	184	98.13	4.40	$67,343
Apr 2011	925	1,241	105.96	4.33	$103,391
Mar 2011	505	380	96.36	4.06	$50,204
Feb 2011	1,125	981	85.64	4.18	$100,446
Jan 2011	1,101	905	86.50	4.59	$99,389
Dec 2010	1,371	1,244	85.73	4.35	$122,944
Nov 2010	1,076	1,316	80.84	3.80	$91,978
Oct 2010	1,709	1,448	78.10	3.51	$138,554
Sep 2010	1,536	1,504	72.63	3.98	$117,545
Aug 2010	1,334	1,264	73.68	4.42	$103,875
Jul 2010	1,317	1,312	72.55	4.74	$101,763
Jun 2010	1,640	798	70.36	4.91	$119,309
May 2010	1,142	1,342	71.12	4.24	$86,903
Apr 2010	1,563	1,336	81.69	4.12	$133,189
Mar 2010	1,850	1,464	78.39	4.39	$151,447
Feb 2010	1,242	1,297	73.58	5.44	$98,445
Jan 2010	1,396	1,512	74.36	5.96	$112,824
Dec 2009	1,787	1,608	71.44	5.48	$136,481
Nov 2009	1,351	1,481	74.59	3.75	$106,327
Oct 2009	1,800	672	72.54	4.11	$133,334
Sep 2009	1,789	1,681	65.54	3.06	$122,403
Aug 2009	1,653	1,815	67.42	3.22	$117,287
Jul 2009	1,884	1,703	61.13	3.46	$121,069
Jun 2009	1,894	1,716	66.16	3.90	$131,991
May 2009	2,006	2,405	54.74	3.93	$119,250
Apr 2009	2,156	2,346	46.77	3.59	$109,252
Mar 2009	3,106	2,700	42.14	4.06	$141,846
Feb 2009	3,841	3,880	32.81	4.63	$143,999
Jan 2009	5,297	4,026	35.86	5.37	$211,574
Dec 2008	2,867	1,558	37.10	5.98	$115,678
Nov 2008	600	593	55.49	6.86	$37,362
Oct 2008	129	87	75.24	6.92	$10,308
Sep 2008	136	85	101.76	7.88	$14,509
Aug 2008	255	87	114.22	8.48	$29,864
Jul 2008	117	91	131.08	11.39	$16,373
Jun 2008	146	151	131.33	13.03	$21,142
May 2008	201	137	123.17	11.57	$26,343
Apr 2008	106	102	110.31	10.45	$12,759
Mar 2008	253	174	101.90	9.66	$27,462
Feb 2008	205	163	92.53	8.77	$20,398
Jan 2008	497	195	90.38	8.21	$46,519
Dec 2007	439	291	88.33	7.30	$40,902
Nov 2007	0	496	91.67	7.29	$3,617
Oct 2007	0	21	82.85	6.92	$145

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 2023 — as filed, then multipliedworked

Oil                   28 bbl  × $ 72.85 =     $2,040
Casinghead gas         0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                   $2,040

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/38632 is the state's own key, not one this site invented.