UNIVERSITY 7-32B

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 38715District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.4 M
Feb 2008 – May 2026
Value, last 12 filed months
$146 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
OilDisposition156,605 bbl$12,414,907
Casinghead gasProduction517,509 Mcf$2,034,048
Total$14,448,955

Wells on this lease (3)

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 32.3677, -102.2037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.36833, -102.20393 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
10,250 ft
3 wells filed one
Completion to plug
15.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 10,300 ft, median 10,250 ft, over the 3 wells that filed a depth.

Completions filed
Feb 2008 – Apr 2012
3 of 3 wells
Plug dates filed
Jan 2024
1 of 3 wells; 2 filed none

Last completion to plug: a median of 15.9 years across the 1 well that filed both dates, with the middle half between 15.9 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-31737110510,250 ftApr 2012
42-31735434410,300 ftJun 2010
42-31735018210,200 ftFeb 2008Jan 2024Yes

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 2026156308106.413.05$17,538
Apr 20268928198.932.87$9,611
Mar 20267637189.753.15$7,989
Feb 202611123463.503.75$7,926
Jan 202615134459.138.00$11,680
Dec 20251093,23656.664.41$20,458
Nov 2025802,02758.593.93$12,646
Oct 2025055859.383.30$1,844
Sep 2025602,64462.743.08$11,900
Aug 2025552,43963.933.01$10,869
Jul 2025742,87366.743.32$14,463
Jun 20251173,62266.483.13$19,110
May 20253194,79360.553.23$34,808
Apr 20252884,46962.363.54$33,794
Mar 20253014,41267.704.27$39,210
Feb 20253463,04670.884.34$37,747
Jan 20253704,53774.324.28$46,911
Dec 20243844,83068.993.12$41,568
Nov 20243274,16569.052.20$31,736
Oct 20242234,56771.372.28$26,335
Sep 20242414,37069.612.36$27,108
Aug 20241883,65575.632.06$21,761
Jul 20241493,25779.932.15$18,901
Jun 20243364,77578.082.63$38,812
May 2024438,98278.812.20$23,135
Apr 20242342,67684.451.66$24,201
Mar 20242341,99180.301.55$21,867
Feb 20241551,80476.091.78$15,012
Jan 2024844373.023.30$2,045
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 20211079.795.71$80
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 202067044.642.68$2,991
Nov 202025365138.772.71$11,571
Oct 202032486036.972.48$14,110
Sep 202026871737.091.99$11,368
Aug 202021474839.982.39$10,340
Jul 202030283438.371.83$13,110
Jun 202030585134.901.69$12,083
May 202026991616.921.81$6,214
Apr 202033992414.751.80$6,668
Mar 202037787530.341.86$13,062
Feb 202029889449.881.98$16,635
Jan 20203451,16357.252.09$22,187
Dec 20193281,15759.012.30$22,021
Nov 20194061,28055.302.75$25,973
Oct 20194751,44653.472.42$28,895
Sep 20193891,51855.052.66$25,448
Aug 20194111,80053.112.30$25,976
Jul 20193881,68856.272.46$25,985
Jun 20194181,83852.782.49$26,641
May 20194971,76858.482.74$33,909
Apr 20195661,94162.632.75$40,788
Mar 20194581,69456.803.06$31,202
Feb 20193981,53650.852.79$24,527
Jan 20196392,99246.033.23$39,072
Dec 20185452,20046.594.19$34,600
Nov 20182931,88652.934.24$23,500
Oct 20183022,28561.443.40$26,319
Sep 20185862,32459.543.11$42,113
Aug 20186912,41759.403.07$48,457
Jul 20185472,61165.142.93$43,287
Jun 20184912,34660.183.08$36,767
May 20184452,22665.382.90$35,551
Apr 20186852,20163.842.90$50,115
Mar 20186121,82261.222.79$42,544
Feb 20188201,90361.782.77$55,924
Jan 20188731,75662.874.01$61,926
Dec 20174111,54357.272.92$28,046
Nov 20173331,53055.423.12$23,226
Oct 20178632,39549.292.98$49,683
Sep 20178432,74647.523.09$48,537
Aug 201722298545.373.00$13,031
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201737045.373.26$1,679
Apr 20173761,01247.933.21$21,272
Mar 20174522,35946.772.98$28,179
Feb 20174421,95650.452.95$28,074
Jan 20174502,08049.413.42$29,346
Dec 20164122,07448.763.72$27,810
Nov 20163191,89442.492.64$18,563
Oct 20164072,32146.193.09$25,972
Sep 20165252,67941.553.10$30,120
Aug 20167894,39441.442.92$45,546
Jul 20167493,60341.622.92$41,710
Jun 20166663,47145.352.69$39,526
May 20164513,65242.521.99$26,448
Apr 20165603,67836.561.99$27,797
Mar 20168304,72533.011.79$35,875
Feb 20167023,73326.472.06$26,285
Jan 20169613,34027.352.36$34,180
Dec 20158483,06932.362.00$33,584
Nov 20158803,37738.792.17$41,454
Oct 20158973,69243.552.43$48,023
Sep 20158133,65842.992.76$45,041
Aug 20157623,71440.162.87$41,270
Jul 20157724,00848.152.95$48,976
Jun 20158092,63956.152.88$53,033
May 20156872,96955.212.96$46,704
Apr 20157343,06749.822.71$44,869
Mar 20159383,88342.892.93$51,626
Feb 20158413,58944.662.98$48,241
Jan 20158784,21943.433.10$51,213
Dec 20149504,20954.693.59$67,072
Nov 20141,0372,19970.464.25$82,417
Oct 20141,2043,58078.303.90$108,239
Sep 20141,2384,43786.164.05$124,616
Aug 20141,0534,54289.394.04$112,455
Jul 20149705,59696.564.18$117,052
Jun 20141,0455,47898.164.74$128,526
May 20141,4036,72494.734.73$164,688
Apr 20141,3487,31795.944.81$164,515
Mar 20141,8525,75695.895.06$206,695
Feb 20141,5245,28397.406.19$181,150
Jan 20143,5976,33390.404.86$355,952
Dec 20132,1667,26391.824.35$230,509
Nov 20132,0006,54388.853.74$202,160
Oct 20132,0134,18797.423.78$211,931
Sep 20131,6913,722104.113.72$189,887
Aug 20131,2303,972104.253.52$142,219
Jul 20131,9454,728102.523.72$216,979
Jun 20132,0966,47294.403.93$223,319
May 20132,0407,34194.834.15$223,912
Apr 20132,4986,78093.964.28$263,748
Mar 20132,5446,48693.623.91$263,548
Feb 20132,7115,92791.233.42$267,594
Jan 20132,6996,11591.603.42$268,141
Dec 20121,6243,74086.773.42$153,706
Nov 20121,7314,56386.953.62$167,051
Oct 20121,7893,06189.383.40$170,307
Sep 20122,1583,86194.672.92$215,566
Aug 20122,6565,25892.662.91$261,396
Jul 20122,9265,74985.133.02$266,457
Jun 20123,2206,93779.822.52$274,495
May 20123,5167,27891.612.49$340,211
Apr 20121,1112,508101.652.00$117,941
Mar 20121,0351,913105.052.22$112,978
Feb 20121,1802,502101.102.57$125,729
Jan 20121,1602,50498.092.73$120,631
Dec 20111,1631,94396.873.24$118,955
Nov 20111,1782,30395.723.31$120,384
Oct 20112,1373,12984.983.65$193,019
Sep 20111,1472,57483.623.99$106,172
Aug 201149449883.404.15$43,266
Jul 20111,3351,92594.144.52$134,373
Jun 20111,4621,87892.904.64$144,533
May 20111,3091,61298.134.40$135,553
Apr 20111,2131,495105.964.33$135,008
Mar 20111,4491,23196.364.06$144,620
Feb 20111,3541,19585.644.18$120,952
Jan 20111,3441,41986.504.59$122,767
Dec 201072180685.734.35$65,316
Nov 201022438980.843.80$19,585
Oct 201049869678.103.51$41,336
Sep 201081895472.633.98$63,208
Aug 201056495273.684.42$45,763
Jul 20101,0971,91272.554.74$88,644
Jun 20108382,04670.364.91$69,008
May 20108332,04671.124.24$67,908
Apr 20107172,53981.694.12$69,039
Mar 20107092,13778.394.39$64,957
Feb 20105212,23973.585.44$50,521
Jan 20104181,21474.365.96$38,323
Dec 20096851,20971.445.48$55,566
Nov 20096761,19574.593.75$54,906
Oct 20096991,37372.544.11$56,349
Sep 20098761,46765.543.06$61,909
Aug 20096301,35167.423.22$46,823
Jul 20096881,46761.133.46$47,140
Jun 20095601,01166.163.90$40,987
May 20096451,88654.743.93$42,711
Apr 20094641,65046.773.59$27,621
Mar 20097581,61742.144.06$38,506
Feb 20097531,39232.814.63$31,155
Jan 20098342,07435.865.37$41,047
Dec 200881697037.105.98$36,071
Nov 20089471,74755.496.86$64,534
Oct 20081,4192,38075.246.92$123,240
Sep 20081,0761,749101.767.88$123,271
Aug 20081,7583,269114.228.48$228,530
Jul 20081,6268,603131.0811.39$311,119
Jun 20081,98410,322131.3313.03$395,082
May 20081,7141,978123.1711.57$234,007
Apr 20082,0794,779110.3110.45$279,298
Mar 20081,9073,476101.909.66$227,916
Feb 2008071792.538.77$6,289

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                  156 bbl  × $106.41 =    $16,600
Casinghead gas       308 Mcf  × $  3.05 =       $938

────────────────────────────────────────────────────
Month total                                  $17,538

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/38715 is the state's own key, not one this site invented.