UNIVERSITY 7-24B

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 38720District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$6.2 M
Feb 2008 – May 2026
Value, last 12 filed months
$3 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
OilDisposition81,361 bbl$5,299,932
Casinghead gasProduction235,551 Mcf$880,415
Total$6,180,347

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 32.3841, -102.2273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.38408, -102.22731 · 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
11,007 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 10,200 and 11,814 ft, median 11,007 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2008 – Nov 2014
2 of 2 wells

2 wells

42-00346780411,814 ftNov 2014
42-00340330310,200 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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202655059.138.00$3,252
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
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 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
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 202134079.795.71$2,713
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 20210157.805.55$6
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 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201911059.012.30$649
Nov 201910055.302.75$553
Oct 20195810953.472.42$3,365
Sep 2019762,04555.052.66$9,618
Aug 2019512,22253.112.30$7,829
Jul 2019252,05256.272.46$6,455
Jun 20196881252.782.49$5,612
May 20191312,01058.482.74$13,169
Apr 20192301,32262.632.75$18,041
Mar 20195912,05456.803.06$39,858
Feb 20193911,80950.852.79$24,933
Jan 20193832,34846.033.23$25,209
Dec 20183302,03946.594.19$23,909
Nov 20182362,41652.934.24$22,729
Oct 20182372,34061.443.40$22,513
Sep 20184162,13859.543.11$31,414
Aug 20185232,86959.403.07$39,864
Jul 20183132,06265.142.93$26,434
Jun 20184762,85260.183.08$37,421
May 20185552,97465.382.90$44,913
Apr 20185522,86863.842.90$43,559
Mar 20184912,70261.222.79$37,589
Feb 20183532,28761.782.77$28,134
Jan 20185032,76962.874.01$42,725
Dec 20173192,91457.272.92$26,782
Nov 20173902,35055.423.12$28,942
Oct 20173952,67849.292.98$27,460
Sep 20173542,63047.523.09$24,942
Aug 20173602,93445.373.00$25,148
Jul 20173693,23143.873.09$26,163
Jun 20174143,04942.493.09$27,004
May 20174842,92945.373.26$31,518
Apr 20176073,39947.933.21$40,010
Mar 20177293,35346.772.98$44,100
Feb 20175442,66250.452.95$35,305
Jan 20176863,23749.413.42$44,962
Dec 20168713,62148.763.72$55,950
Nov 20166584,78342.492.64$40,606
Oct 20168276,30446.193.09$57,680
Sep 20167576,51741.553.10$51,660
Aug 20167835,88241.442.92$49,648
Jul 20168864,18941.622.92$49,125
Jun 20161,0244,38345.352.69$58,210
May 20161,0284,94042.521.99$53,546
Apr 20169835,25236.561.99$46,395
Mar 20161,3764,92233.011.79$54,252
Feb 20161,6302,63826.472.06$48,590
Jan 201675816027.352.36$21,110
Dec 201537620732.362.00$12,582
Nov 201542325238.792.17$16,954
Oct 20151,20535443.552.43$53,337
Sep 201586818442.992.76$37,823
Aug 20158221,64440.162.87$37,734
Jul 20151,1681,34148.152.95$60,189
Jun 20151,15797956.152.88$67,788
May 20151,1481,20155.212.96$66,931
Apr 20151,3171,41549.822.71$69,443
Mar 20152,4573,23942.892.93$114,886
Feb 20152,3755,82644.662.98$123,407
Jan 20153,3175,00043.433.10$159,560
Dec 20145,3909,64954.693.59$329,432
Nov 20141,7126,17070.464.25$146,861
Oct 20149615478.303.90$8,118
Sep 20145266486.164.05$7,166
Aug 201410830789.394.04$10,893
Jul 20148370496.564.18$10,957
Jun 20147574498.164.74$10,886
May 201429458094.734.73$30,592
Apr 201428960395.944.81$30,627
Mar 201443352495.895.06$44,170
Feb 201431657197.406.19$34,314
Jan 201464456790.404.86$60,974
Dec 201334465091.824.35$34,416
Nov 201339659188.853.74$37,394
Oct 201339141997.423.78$39,675
Sep 2013131200104.113.72$14,382
Aug 2013198381104.253.52$21,984
Jul 2013200495102.523.72$22,344
Jun 201317258394.403.93$18,530
May 201317146694.834.15$18,149
Apr 201317432393.964.28$17,732
Mar 201323530593.623.91$23,194
Feb 201318524491.233.42$17,712
Jan 201320967691.603.42$21,456
Dec 201224372986.773.42$23,578
Nov 201215758786.953.62$15,779
Oct 201214932789.383.40$14,429
Sep 201221641594.672.92$21,660
Aug 201218967692.662.91$19,479
Jul 201211965285.133.02$12,100
Jun 20126316079.822.52$5,432
May 20129928791.612.49$9,784
Apr 2012206569101.652.00$22,076
Mar 2012187608105.052.22$20,995
Feb 2012215800101.102.57$23,793
Jan 201218588098.092.73$20,553
Dec 201119763296.873.24$21,131
Nov 201114156495.723.31$15,364
Oct 201117648484.983.65$16,722
Sep 201111934383.623.99$11,318
Aug 201114640083.404.15$13,836
Jul 201118348094.144.52$19,396
Jun 201124155592.904.64$24,964
May 201125351398.134.40$27,087
Apr 2011262444105.964.33$29,686
Mar 201130043196.364.06$30,657
Feb 201127039185.644.18$24,757
Jan 201130340986.504.59$28,086
Dec 201041242785.734.35$37,177
Nov 201023640680.843.80$20,619
Oct 201041543878.103.51$33,948
Sep 201042748772.633.98$32,951
Aug 201051861273.684.42$40,871
Jul 201041064072.554.74$32,777
Jun 201023252170.364.91$18,882
May 201013324271.124.24$10,484
Apr 201023346881.694.12$20,963
Mar 201025070878.394.39$22,705
Feb 201022569573.585.44$20,338
Jan 201021265574.365.96$19,671
Dec 20094701,00071.445.48$39,061
Nov 200947496674.593.75$38,980
Oct 20094781,01872.544.11$38,858
Sep 20095301,07265.543.06$38,022
Aug 20095211,01967.423.22$38,405
Jul 200955295761.133.46$37,059
Jun 20094911,13366.163.90$36,898
May 20096031,25754.743.93$37,943
Apr 20093921,13646.773.59$22,409
Mar 20095481,13142.144.06$27,683
Feb 200950984532.814.63$20,615
Jan 20095661,56735.865.37$28,713
Dec 20087188937.105.98$27,170
Nov 20087181,71655.496.86$51,614
Oct 20081,1342,59775.246.92$103,299
Sep 20088111,357101.767.88$93,217
Aug 20081,3792,610114.228.48$179,650
Jul 20081,5032,294131.0811.39$223,141
Jun 20081,4012,380131.3313.03$215,011
May 20081,9132,487123.1711.57$264,409
Apr 20081,9281,903110.3110.45$232,573
Mar 20082,0571,978101.909.66$228,724
Feb 20088113592.538.77$8,679

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.

Jan 2026 — as filed, then multipliedworked
Oil                   55 bbl  × $ 59.13 =     $3,252
Casinghead gas         0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                   $3,252

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/38720 is the state's own key, not one this site invented.