UNIVERSITY 7-26B

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 38870District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$50.3 M
Jun 2008 – May 2026
Value, last 12 filed months
$339 k
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
OilDisposition576,445 bbl$44,441,828
Casinghead gasProduction1,698,136 Mcf$5,907,656
Total$50,349,484

Wells on this lease (12)

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 32.3886, -102.1954. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.38925, -102.19685 · 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
16.7%
2 of 12 wells
With a plug date
16.7%
2 of 12 wells
Median depth
10,705 ft
12 wells filed one
Completion to plug
6.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
216.7%
A plug date is filed
216.7%
BothOn the schedule and plugged. Neither fact cancels the other.
216.7%
NeitherNo plug date, and not on the schedule.
1083.3%

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

Total depth in feet, 12 of 12 wells. Median 10,705 ft, with the middle half between 10,281 and 11,253 ft; the shallowest is 10,110 ft and the deepest 11,880 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 12 of 12 wells, Jun 2008 – Oct 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 2008 – Oct 2013
12 of 12 wells
Plug dates filed
Aug 2016 – Aug 2018
2 of 12 wells; 10 filed none

Last completion to plug: a median of 6.3 years across the 2 wells that filed both dates, with the middle half between 5.9 years and 6.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-317386581211,880 ftOct 2013
42-317387361111,377 ftOct 2013
42-317380471011,260 ftMar 2013
42-31738024911,250 ftFeb 2013Aug 2018Yes
42-31737963810,288 ftDec 2012
42-31737495710,260 ftOct 2012
42-31736784611,160 ftOct 2011
42-31736278511,060 ftJun 2011
42-31736058310,315 ftMar 2011
42-31735836110,350 ftSep 2010
42-31735486210,110 ftJul 2009Aug 2016Yes
42-31735019410,227 ftJun 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 (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 20262781,841106.413.05$35,189
Apr 20263971,71798.932.87$44,203
Mar 20263921,44089.753.15$39,717
Feb 20262681,34863.503.75$22,073
Jan 20268191,65759.138.00$61,680
Dec 20252441,52456.664.41$20,551
Nov 20253181,21358.593.93$23,394
Oct 202521062859.383.30$14,545
Sep 20254511,07862.743.08$31,613
Aug 20252731,50263.933.01$21,981
Jul 20251991,44666.743.32$18,075
Jun 202585066.483.13$5,651
May 202596060.553.23$5,813
Apr 202521859562.363.54$15,703
Mar 202520094267.704.27$17,561
Feb 2025061970.884.34$2,687
Jan 202531643674.324.28$25,351
Dec 202430752668.993.12$22,822
Nov 202426830869.052.20$19,183
Oct 202433879471.372.28$25,934
Sep 20243521,26069.612.36$27,482
Aug 202401,04775.632.06$2,161
Jul 20241731,50079.932.15$17,048
Jun 20241,0492,12878.082.63$87,511
May 20241711,39278.812.20$16,537
Apr 2024082684.451.66$1,371
Mar 20243511,35280.301.55$30,274
Feb 20242611,18576.091.78$21,973
Jan 2024058673.023.30$1,932
Dec 202308471.262.61$219
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 2022870101.587.54$8,837
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 20212079.795.71$160
Sep 2021140069.865.35$9,780
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 20202063,27638.772.71$16,853
Oct 20201,1414,70236.972.48$53,836
Sep 20206405,05337.091.99$33,798
Aug 20208474,59839.982.39$44,830
Jul 20201,0594,47938.371.83$48,809
Jun 20205364,40334.901.69$26,149
May 20209495,12516.921.81$25,358
Apr 20201,0404,75014.751.80$23,911
Mar 20207904,48130.341.86$32,286
Feb 20206434,17349.881.98$40,338
Jan 20205895,05557.252.09$44,309
Dec 20196063,87359.012.30$44,685
Nov 20196604,90055.302.75$49,976
Oct 20191,1034,91653.472.42$70,867
Sep 20199325,25855.052.66$65,279
Aug 20197765,39353.112.30$53,641
Jul 20199845,43056.272.46$68,728
Jun 20198534,78752.782.49$56,947
May 20199284,79958.482.74$67,420
Apr 20191,0244,73762.632.75$77,163
Mar 20191,1944,54156.803.06$81,724
Feb 20191,5633,17450.852.79$88,341
Jan 20192,3123,47846.033.23$117,649
Dec 20187341,29246.594.19$39,605
Nov 201810825052.934.24$6,776
Oct 20184091,87061.443.40$31,483
Sep 20181,2813,49759.543.11$87,139
Aug 20189633,54359.403.07$68,067
Jul 20181,2166,45165.142.93$98,124
Jun 20181,7413,49760.183.08$115,533
May 20187602,32065.382.90$56,419
Apr 20181,0663,78963.842.90$79,045
Mar 20181,6187,48761.222.79$119,919
Feb 20182,5026,99961.782.77$173,934
Jan 20182,8929,05462.874.01$218,120
Dec 20172,4198,14657.272.92$162,335
Nov 20172,49113,25055.423.12$179,369
Oct 20172,0638,53849.292.98$127,160
Sep 20172,5759,21347.523.09$150,807
Aug 20173,19313,17645.373.00$184,452
Jul 20173,53114,61643.873.09$200,029
Jun 20173,80414,37842.493.09$206,021
May 20173,51814,65745.373.26$207,443
Apr 20173,34911,34447.933.21$196,950
Mar 20171,5156,42646.772.98$90,030
Feb 20171,7016,96250.452.95$106,371
Jan 20171,4727,47749.413.42$98,294
Dec 20161,2055,92748.763.72$80,821
Nov 20161,4028,26042.492.64$81,413
Oct 20162,2569,81746.193.09$134,542
Sep 20162,2649,67941.553.10$124,080
Aug 20162,35310,42241.442.92$127,986
Jul 20162,93112,86741.622.92$159,616
Jun 20162,43812,49745.352.69$144,128
May 20163,30016,77542.521.99$173,716
Apr 20163,52215,58036.561.99$159,785
Mar 20163,47117,43233.011.79$145,851
Feb 20162,59017,23826.472.06$104,130
Jan 20164,13722,94727.352.36$167,402
Dec 20154,85423,16232.362.00$203,432
Nov 20155,70024,19038.792.17$273,531
Oct 20155,94425,85043.552.43$321,588
Sep 20155,92224,45042.992.76$322,030
Aug 20156,56226,29040.162.87$339,048
Jul 20155,25322,80348.152.95$320,089
Jun 20155,45923,15956.152.88$373,287
May 20155,99825,27755.212.96$405,854
Apr 20156,13025,12749.822.71$373,405
Mar 20155,82722,38842.892.93$315,622
Feb 20155,61520,31244.662.98$311,218
Jan 20157,43821,32143.433.10$389,141
Dec 20146,07827,39354.693.59$430,784
Nov 20147,00126,19070.464.25$604,646
Oct 20146,96226,03578.303.90$646,686
Sep 20147,01626,73086.164.05$712,633
Aug 20147,16327,63889.394.04$751,823
Jul 20147,58625,96996.564.18$841,044
Jun 20148,03129,04498.164.74$925,901
May 20148,97731,03394.734.73$997,071
Apr 201410,19836,04295.944.81$1,151,726
Mar 201411,51116,96295.895.06$1,189,563
Feb 20149,86220,64097.406.19$1,088,362
Jan 20149,02026,29290.404.86$943,206
Dec 20139,32626,31191.824.35$970,884
Nov 20138,31124,81888.853.74$831,209
Oct 20138,41613,01497.423.78$869,071
Sep 20138,36416,205104.113.72$931,022
Aug 20139,17018,128104.253.52$1,019,830
Jul 201310,77823,772102.523.72$1,193,339
Jun 201311,03324,65294.403.93$1,138,482
May 201310,70823,32694.834.15$1,112,221
Apr 201311,25720,43693.964.28$1,145,227
Mar 20139,74016,46393.623.91$976,276
Feb 20135,46010,59991.233.42$534,363
Jan 20136,64914,62791.603.42$659,071
Dec 20128,29915,94486.773.42$774,635
Nov 20126,32516,03586.953.62$608,085
Oct 20125,7418,82789.383.40$543,140
Sep 20123,5288,05994.672.92$357,515
Aug 20124,53411,70192.662.91$454,149
Jul 20123,96611,60985.133.02$372,694
Jun 20125,43514,22379.822.52$469,650
May 20126,06716,33591.612.49$596,445
Apr 20125,49513,859101.652.00$586,240
Mar 20126,01614,000105.052.22$663,090
Feb 20127,10614,033101.102.57$754,485
Jan 20128,15514,71798.092.73$840,161
Dec 20117,13013,35896.873.24$733,960
Nov 20116,34211,39795.723.31$644,795
Oct 20115,56211,70684.983.65$515,369
Sep 20115,09612,62583.623.99$476,448
Aug 20117,07918,88983.404.15$668,765
Jul 20112,16014,92094.144.52$270,740
Jun 20115,18911,37292.904.64$534,823
May 20116,24511,11398.134.40$661,773
Apr 20116,8309,817105.964.33$766,247
Mar 20116,0889,78796.364.06$626,349
Feb 20113,0364,05485.644.18$276,949
Jan 20112,5225,25686.504.59$242,272
Dec 20102,8074,93185.734.35$262,083
Nov 20103,5075,45280.843.80$304,198
Oct 20107042,86078.103.51$65,018
Sep 20101,2103,09472.633.98$100,195
Aug 20101,6383,06773.684.42$134,242
Jul 20101,6393,16972.554.74$133,919
Jun 20101,8223,49170.364.91$145,338
May 20101,9083,52271.124.24$150,613
Apr 201076378281.694.12$65,553
Mar 201083586978.394.39$69,269
Feb 201079796373.585.44$63,884
Jan 20101,1953,42474.365.96$109,281
Dec 20091,0973,12071.445.48$95,479
Nov 20091,1812,97774.593.75$99,259
Oct 20091,2953,10372.544.11$106,693
Sep 20091,2023,17065.543.06$88,494
Aug 20091,3573,03167.423.22$101,244
Jul 20091,5673,08961.133.46$106,493
Jun 20091,5602,81266.163.90$114,162
May 20091,2842,44554.743.93$79,885
Apr 20091,2192,66846.773.59$66,584
Mar 20091,5733,52942.144.06$80,610
Feb 20091,9152,63132.814.63$75,021
Jan 20091,9034,07035.865.37$90,102
Dec 20082,07023237.105.98$78,184
Nov 20082,0933,66755.496.86$141,298
Oct 20082,2623,21775.246.92$192,461
Sep 20082,6612,226101.767.88$288,318
Aug 20083,1733,627114.228.48$393,188
Jul 20083,6195,147131.0811.39$533,000
Jun 20082,8963,439131.3313.03$425,151

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                  278 bbl  × $106.41 =    $29,582
Casinghead gas     1,841 Mcf  × $  3.05 =     $5,607

────────────────────────────────────────────────────
Month total                                  $35,189

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/38870 is the state's own key, not one this site invented.