UNIVERSITY 7-2

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 38836District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.2 M
Jun 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
216
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
OilDisposition103,714 bbl$8,402,142
Casinghead gasProduction212,349 Mcf$778,580
Total$9,180,722

Wells on this lease (4)

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 32.4357, -102.1908. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.43590, -102.19010 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
10,932 ft
4 wells filed one
Completion to plug
10.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 10,199 and 10,950 ft, median 10,932 ft, over the 4 wells that filed a depth.

Completions filed
Jun 2008 – Jul 2011
4 of 4 wells
Plug dates filed
Jun 2018
1 of 4 wells; 3 filed none

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-31736549410,933 ftJul 2011
42-31736208310,930 ftMay 2011
42-31735999210,950 ftNov 2010
42-31735179110,199 ftJun 2008Jun 2018Yes

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 (216)

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

216 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
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 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 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 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 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017246047.523.09$11,690
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201777822746.772.98$37,064
Feb 201797543150.452.95$50,461
Jan 201724539249.413.42$13,446
Dec 20163892,27848.763.72$27,448
Nov 201631698942.492.64$16,042
Oct 201637582446.193.09$19,868
Sep 20169931,21641.553.10$45,030
Aug 20166531041.442.92$3,600
Jul 201616934641.622.92$8,046
Jun 2016065045.352.69$1,746
May 201617181042.521.99$8,884
Apr 20166921,12936.561.99$27,547
Mar 20161821,23833.011.79$8,229
Feb 20168611,49126.472.06$25,868
Jan 20161,0281,35527.352.36$31,320
Dec 20151,2071,50632.362.00$42,073
Nov 20155151,14038.792.17$22,448
Oct 20156962,62943.552.43$36,690
Sep 20151,1542,81642.992.76$57,378
Aug 20159003,57440.162.87$46,410
Jul 20151,0992,42948.152.95$60,070
Jun 20151,1782,26856.152.88$72,683
May 20151,2192,93555.212.96$75,975
Apr 20158403,98549.822.71$52,634
Mar 20151,5723,82642.892.93$78,651
Feb 20158422,70844.662.98$45,663
Jan 20151,0423,05043.433.10$54,711
Dec 20141,1283,44354.693.59$74,055
Nov 20141,1612,77370.464.25$93,594
Oct 20141,0712,75778.303.90$94,614
Sep 20141,3663,02786.164.05$129,940
Aug 20141,1523,08289.394.04$115,414
Jul 20149512,30596.564.18$101,463
Jun 20141,0402,65298.164.74$114,649
May 20141,4342,78094.734.73$148,983
Apr 20141,2893,07395.944.81$138,445
Mar 20141,1311,56795.895.06$116,376
Feb 20141,0091,98997.406.19$110,592
Jan 20141,3462,98490.404.86$136,183
Dec 20131,2083,42391.824.35$125,824
Nov 20131,3953,69988.853.74$137,774
Oct 20131,3862,90997.423.78$146,018
Sep 20131,2323,103104.113.72$139,800
Aug 20131,4893,097104.253.52$166,138
Jul 20131,3363,552102.523.72$150,172
Jun 20131,6103,90394.403.93$167,336
May 20132,0243,49594.834.15$206,437
Apr 20132,0874,05093.964.28$213,439
Mar 20131,7514,26393.623.91$180,609
Feb 20132,0363,87091.233.42$198,979
Jan 20132,0934,97891.603.42$208,743
Dec 20123,0054,53386.773.42$276,247
Nov 20121,5784,40086.953.62$153,157
Oct 20122,5013,47789.383.40$235,360
Sep 20122,8794,76894.672.92$286,470
Aug 20122,7215,54992.662.91$268,265
Jul 20122,5935,54885.133.02$237,501
Jun 20122,9345,60579.822.52$248,311
May 20124,2436,52191.612.49$404,928
Apr 20122,5394,527101.652.00$267,129
Mar 20123,4325,777105.052.22$373,369
Feb 20123071,452101.102.57$34,770
Jan 20121,0842,89898.092.73$114,253
Dec 20116761,49996.873.24$70,340
Nov 20118911,83495.723.31$91,359
Oct 20112192,56484.983.65$27,965
Sep 201112538183.623.99$11,971
Aug 20115916883.404.15$5,618
Jul 201118134494.144.52$18,593
Jun 201133856292.904.64$34,008
May 201127847598.134.40$29,372
Apr 2011263686105.964.33$30,840
Mar 201126971496.364.06$28,818
Feb 201127646085.644.18$25,559
Jan 201142950986.504.59$39,444
Dec 201034637385.734.35$31,284
Nov 201033142580.843.80$28,371
Oct 201034348378.103.51$28,483
Sep 201018147072.633.98$15,016
Aug 201036255473.684.42$29,120
Jul 201017855272.554.74$15,528
Jun 201036047570.364.91$27,662
May 201033446171.124.24$25,707
Apr 201036446681.694.12$31,656
Mar 201018141678.394.39$16,014
Feb 201036034373.585.44$28,356
Jan 201035537774.365.96$28,646
Dec 200953446071.445.48$40,671
Nov 200917737374.593.75$14,602
Oct 200936339872.544.11$27,968
Sep 200968265265.543.06$46,697
Aug 200990166667.423.22$62,889
Jul 2009157861.133.46$2,064
Jun 200936573766.163.90$27,019
May 200935937954.743.93$21,140
Apr 200934495546.773.59$19,515
Mar 20095441,04742.144.06$27,174
Feb 20091,0511,09132.814.63$39,538
Jan 20093641,26935.865.37$19,869
Dec 20087278237.105.98$27,462
Nov 20081831,13855.496.86$17,962
Oct 20081,0601,79075.246.92$92,145
Sep 20087261,365101.767.88$84,630
Aug 20081,7183,193114.228.48$223,316
Jul 20082,6262,204131.0811.39$369,318
Jun 200800131.3313.03$0

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.

Sep 2017 — as filed, then multipliedworked
Oil                  246 bbl  × $ 47.52 =    $11,690
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                  $11,690

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/38836 is the state's own key, not one this site invented.