UNIVERSITY 5-26

Operated by COG OPERATING LLC (P-5 166150) 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 38767District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$3.3 M
Apr 2008 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
218
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
OilDisposition37,445 bbl$2,803,865
Casinghead gasProduction123,277 Mcf$447,657
Total$3,251,522

Wells on this lease (1)

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 32.4466, -102.3153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44659, -102.31527 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,300 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 11,300 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-00340349111,300 ftApr 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 (218)

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

218 months

May 2026946106.413.05$10,021
Apr 20261031298.932.87$10,224
Mar 202601089.753.15$31
Feb 202699363.503.75$6,298
Jan 20260659.138.00$48
Dec 20251132056.664.41$6,491
Nov 202501558.593.93$59
Oct 20251691359.383.30$10,078
Sep 20250162.743.08$3
Aug 20250263.933.01$6
Jul 20250066.743.32$0
Jun 202587066.483.13$5,784
May 20250560.553.23$16
Apr 202580862.363.54$5,017
Mar 202579067.704.27$5,348
Feb 20250070.884.34$0
Jan 202579074.324.28$5,871
Dec 202474068.993.12$5,105
Nov 20240069.052.20$0
Oct 202472071.372.28$5,139
Sep 20240169.612.36$2
Aug 2024104175.632.06$7,868
Jul 20240779.932.15$15
Jun 202485478.082.63$6,647
May 20240078.812.20$0
Apr 202487084.451.66$7,347
Mar 2024711380.301.55$5,721
Feb 2024712176.091.78$5,440
Jan 202466373.023.30$4,829
Dec 202374171.262.61$5,276
Nov 202392577.892.81$7,180
Oct 2023922185.443.09$7,925
Sep 20230289.042.74$5
Aug 20239020680.522.67$7,797
Jul 20231753974.852.64$13,202
Jun 202301268.962.26$27
May 20230970.622.23$20
Apr 2023219278.122.24$17,113
Mar 20230172.852.39$2
Feb 202301175.112.47$27
Jan 202380376.533.39$6,133
Dec 20221038176.415.73$8,334
Nov 202203585.005.65$198
Oct 202214613387.185.86$13,508
Sep 2022032784.888.16$2,670
Aug 2022036094.529.13$3,286
Jul 202283248101.587.54$10,302
Jun 2022107221115.097.98$14,078
May 2022122156109.378.43$14,659
Apr 2022118366104.226.84$14,801
Mar 20220279108.885.08$1,416
Feb 202220512391.054.86$19,263
Jan 2022029181.844.54$1,320
Dec 20219240371.323.90$8,133
Nov 20219050877.435.24$9,629
Oct 2021069679.795.71$3,977
Sep 202118454369.865.35$15,760
Aug 2021016566.024.22$696
Jul 20217729370.783.98$6,617
Jun 20217128369.493.38$5,891
May 202113514563.483.02$9,007
Apr 202171060.362.76$4,286
Mar 20216939861.302.72$5,311
Feb 20218635057.805.55$6,913
Jan 2021063550.412.81$1,785
Dec 20208664044.642.68$5,551
Nov 202010962738.772.71$5,923
Oct 20209162036.972.48$4,901
Sep 20208560937.091.99$4,365
Aug 2020168939.982.39$1,683
Jul 202016872838.371.83$7,775
Jun 2020664734.901.69$1,303
May 202011562516.921.81$3,080
Apr 20205212814.751.80$998
Mar 2020070030.341.86$1,299
Feb 202013865449.881.98$8,179
Jan 2020076357.252.09$1,598
Dec 201916185059.012.30$11,459
Nov 2019078255.302.75$2,151
Oct 20196476753.472.42$5,277
Sep 201912487255.052.66$9,143
Aug 20196171953.112.30$4,897
Jul 20196486056.272.46$5,717
Jun 2019078352.782.49$1,951
May 201912352058.482.74$8,618
Apr 20196360462.632.75$5,607
Mar 20196359056.803.06$5,385
Feb 20196153450.852.79$4,593
Jan 20196437946.033.23$4,169
Dec 201813469146.594.19$9,135
Nov 201813338452.934.24$8,667
Oct 20186860661.443.40$6,237
Sep 20186655859.543.11$5,664
Aug 20186554359.403.07$5,526
Jul 20186235065.142.93$5,065
Jun 20186044660.183.08$4,983
May 20186054065.382.90$5,489
Apr 201811450063.842.90$8,728
Mar 20185853761.222.79$5,047
Feb 20185847161.782.77$4,886
Jan 201811351862.874.01$9,181
Dec 20175754457.272.92$4,854
Nov 20175856755.423.12$4,982
Oct 201713198349.292.98$9,390
Sep 201721397747.523.09$13,138
Aug 2017094945.373.00$2,851
Jul 20171371,01043.873.09$9,128
Jun 20176696342.493.09$5,777
May 201711990545.373.26$8,352
Apr 20176682547.933.21$5,813
Mar 201715091346.772.98$9,740
Feb 20178186050.452.95$6,626
Jan 201716392149.413.42$11,203
Dec 2016091148.763.72$3,392
Nov 201614986042.492.64$8,605
Oct 201613080446.193.09$8,489
Sep 201613085041.553.10$8,037
Aug 201619690641.442.92$10,772
Jul 2016088541.622.92$2,588
Jun 201612085145.352.69$7,728
May 201611778642.521.99$6,540
Apr 201618480236.561.99$8,324
Mar 20165883333.011.79$3,409
Feb 201610977326.472.06$4,480
Jan 20169688227.352.36$4,711
Dec 20159183632.362.00$4,618
Nov 20159287338.792.17$5,461
Oct 20159191843.552.43$6,191
Sep 20158993142.992.76$6,394
Aug 20159694040.162.87$6,556
Jul 201510396548.152.95$7,801
Jun 20159694056.152.88$8,100
May 20159597955.212.96$8,138
Apr 20158989549.822.71$6,856
Mar 201513896142.892.93$8,739
Feb 20159386844.662.98$6,737
Jan 20159582743.433.10$6,690
Dec 2014901,06454.693.59$8,743
Nov 2014951,02270.464.25$11,039
Oct 20141291,13778.303.90$14,536
Sep 2014861,03686.164.05$11,601
Aug 201418285189.394.04$19,703
Jul 2014931,00596.564.18$13,181
Jun 20141401,00798.164.74$18,512
May 2014961,09794.734.73$14,279
Apr 20141161,06395.944.81$16,241
Mar 20142271,06595.895.06$27,153
Feb 201411391397.406.19$16,660
Jan 20142041,05190.404.86$23,550
Dec 20131131,06891.824.35$15,026
Nov 20132281,05788.853.74$24,209
Oct 20131171,11997.423.78$15,627
Sep 20131661,138104.113.72$21,513
Aug 20131631,193104.253.52$21,195
Jul 20131671,213102.523.72$21,630
Jun 20132271,16794.403.93$26,019
May 20132161,16594.834.15$25,317
Apr 201321992593.964.28$24,539
Mar 20132281,06393.623.91$25,505
Feb 201310999391.233.42$13,340
Jan 201323594991.603.42$24,771
Dec 20122211,15286.773.42$23,116
Nov 20122191,06386.953.62$22,895
Oct 20122161,14989.383.40$23,212
Sep 20122211,03594.672.92$23,943
Aug 20122171,46792.662.91$24,373
Jul 20122511,49185.133.02$25,872
Jun 20122171,49979.822.52$21,097
May 20123291,48391.612.49$33,830
Apr 20125071,343101.652.00$54,218
Mar 20121831,408105.052.22$22,353
Feb 2012391545101.102.57$40,931
Jan 201222447398.092.73$23,265
Dec 201165544896.873.24$64,901
Nov 201119734195.723.31$19,986
Oct 201132960884.983.65$30,177
Sep 201143898783.623.99$40,560
Aug 201129392483.404.15$28,270
Jul 20113021,09594.144.52$33,377
Jun 20111661,15992.904.64$20,799
May 20111451,17098.134.40$19,382
Apr 2011253368105.964.33$28,403
Mar 201125434296.364.06$25,863
Feb 201128331285.644.18$25,540
Jan 201131533686.504.59$28,789
Dec 201028334485.734.35$25,757
Nov 201029133380.843.80$24,788
Oct 201042633778.103.51$34,453
Sep 201038833172.633.98$29,498
Aug 201022929173.684.42$18,159
Jul 201044032172.554.74$33,442
Jun 201037431470.364.91$27,857
May 201049335871.124.24$36,578
Apr 201034737481.694.12$29,888
Mar 201044736178.394.39$36,625
Feb 201043930073.585.44$33,934
Jan 201049439674.365.96$39,096
Dec 200946344071.445.48$35,490
Nov 200942243074.593.75$33,090
Oct 200949026172.544.11$36,617
Sep 200944151065.543.06$30,466
Aug 200956554867.423.22$39,856
Jul 200946859861.133.46$30,681
Jun 200957756866.163.90$40,387
May 200965651354.743.93$37,923
Apr 200949057246.773.59$24,969
Mar 200959387842.144.06$28,553
Feb 200955563232.814.63$21,138
Jan 200974153835.865.37$29,462
Dec 200863361737.105.98$27,172
Nov 200870056455.496.86$42,712
Oct 200873145675.246.92$58,157
Sep 2008871327101.767.88$91,209
Aug 2008717510114.228.48$86,222
Jul 20083881,023131.0811.39$62,510
Jun 200833097131.3313.03$44,603
May 2008818741123.1711.57$109,330
Apr 2008586110.3110.45$6,461

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                   94 bbl  × $106.41 =    $10,003
Casinghead gas         6 Mcf  × $  3.05 =        $18

────────────────────────────────────────────────────
Month total                                  $10,021

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/38767 is the state's own key, not one this site invented.