UNIVERSITY 6-48

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 38981District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$3.3 M
Nov 2008 – May 2026
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
211
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
OilDisposition47,039 bbl$3,088,039
Casinghead gasProduction66,111 Mcf$252,252
Total$3,340,291

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 32.4354, -102.2592. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43542, -102.25919 · 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
10,350 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 10,350 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-00340362110,350 ftNov 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 (211)

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

211 months

May 202616813106.413.05$17,916
Apr 202601098.932.87$29
Mar 2026148589.753.15$13,299
Feb 20260663.503.75$23
Jan 2026143059.138.00$8,456
Dec 20251011756.664.41$5,798
Nov 202570558.593.93$4,121
Oct 20251602259.383.30$9,574
Sep 20251502162.743.08$9,476
Aug 20251814863.933.01$11,716
Jul 20252304766.743.32$15,506
Jun 20250766.483.13$22
May 2025155060.553.23$9,385
Apr 20252087062.363.54$13,219
Mar 20252148067.704.27$14,829
Feb 20253466970.884.34$24,824
Jan 202536619074.324.28$28,014
Dec 202448420668.993.12$34,034
Nov 202430116469.052.20$21,145
Oct 20241847071.372.28$13,292
Sep 20241109769.612.36$7,886
Aug 202433012375.632.06$25,212
Jul 20242229579.932.15$17,948
Jun 20241806378.082.63$14,220
May 202483078.812.20$6,541
Apr 2024291584.451.66$24,583
Mar 2024883180.301.55$7,114
Feb 20243972376.091.78$30,249
Jan 2024109073.023.30$7,959
Dec 2023316071.262.61$22,518
Nov 20230977.892.81$25
Oct 20231606185.443.09$13,859
Sep 202302689.042.74$71
Aug 20230880.522.67$21
Jul 2023276874.852.64$20,680
Jun 202303168.962.26$70
May 202305770.622.23$127
Apr 202304278.122.24$94
Mar 20232372172.852.39$17,316
Feb 20230075.112.47$0
Jan 202301276.533.39$41
Dec 20222821576.415.73$21,634
Nov 202201685.005.65$90
Oct 202202287.185.86$129
Sep 202202384.888.16$188
Aug 20221831994.529.13$17,471
Jul 2022058101.587.54$437
Jun 202236055115.097.98$41,871
May 2022053109.378.43$447
Apr 202236650104.226.84$38,486
Mar 2022052108.885.08$264
Feb 202204791.054.86$228
Jan 20223486381.844.54$28,766
Dec 202106271.323.90$242
Nov 202102477.435.24$126
Oct 20213716679.795.71$29,979
Sep 202104969.865.35$262
Aug 202105166.024.22$215
Jul 20211853670.783.98$13,238
Jun 2021423669.493.38$3,040
May 202101163.483.02$33
Apr 20210060.362.76$0
Mar 20211051961.302.72$6,488
Feb 2021971957.805.55$5,712
Jan 2021794850.412.81$4,117
Dec 2020878744.642.68$4,116
Nov 2020804838.772.71$3,232
Oct 20202087736.972.48$7,881
Sep 20207115337.091.99$2,938
Aug 20201606139.982.39$6,542
Jul 2020895238.371.83$3,510
Jun 2020923334.901.69$3,267
May 2020888916.921.81$1,650
Apr 2020977714.751.80$1,570
Mar 202010142730.341.86$3,857
Feb 202019561849.881.98$10,951
Jan 20209558557.252.09$6,664
Dec 201928355759.012.30$17,983
Nov 2019056455.302.75$1,551
Oct 201919144453.472.42$11,287
Sep 20199932155.052.66$6,303
Aug 201920624453.112.30$11,503
Jul 2019031356.272.46$770
Jun 201922330452.782.49$12,527
May 201923432158.482.74$14,564
Apr 201912329762.632.75$8,520
Mar 201925933356.803.06$15,731
Feb 201924932150.852.79$13,558
Jan 201912742546.033.23$7,218
Dec 201834736446.594.19$17,690
Nov 201822926752.934.24$13,252
Oct 201824429061.443.40$15,977
Sep 201811235359.543.11$7,766
Aug 201821432159.403.07$13,696
Jul 201830937765.142.93$21,234
Jun 20189138460.183.08$6,658
May 201811737765.382.90$8,743
Apr 20183613963.842.90$2,701
Mar 20181012561.222.79$961
Feb 201875061.782.77$4,634
Jan 2018269062.874.01$1,995
Dec 2017337857.272.92$2,118
Nov 201714910455.423.12$8,582
Oct 201718030749.292.98$9,788
Sep 201710533247.523.09$6,015
Aug 201716924545.373.00$8,404
Jul 201716629843.873.09$8,202
Jun 20177430942.493.09$4,098
May 20171109545.373.26$5,301
Apr 20171439047.933.21$7,143
Mar 201718722146.772.98$9,405
Feb 201720940150.452.95$11,728
Jan 201720044749.413.42$11,410
Dec 201616947048.763.72$9,990
Nov 20169220242.492.64$4,443
Oct 2016644246.193.09$3,086
Sep 20161368441.553.10$5,911
Aug 2016637541.442.92$2,830
Jul 2016657641.622.92$2,928
Jun 20161526645.352.69$7,070
May 20161789342.521.99$7,754
Apr 201622827836.561.99$8,889
Mar 20160033.011.79$0
Feb 201615810626.472.06$4,401
Jan 20161959727.352.36$5,563
Dec 20152178032.362.00$7,182
Nov 201521012338.792.17$8,412
Oct 201522214443.552.43$10,018
Sep 201545123042.992.76$20,023
Aug 201523734240.162.87$10,500
Jul 201523218348.152.95$11,710
Jun 201524823756.152.88$14,608
May 201524024755.212.96$13,980
Apr 201546933849.822.71$24,280
Mar 201550834242.892.93$22,792
Feb 2015028444.662.98$845
Jan 201519724443.433.10$9,312
Dec 201417222154.693.59$10,200
Nov 201417122470.464.25$13,001
Oct 201417523878.303.90$14,631
Sep 2014018686.164.05$752
Aug 201435919989.394.04$32,894
Jul 201418523796.564.18$18,854
Jun 201418820598.164.74$19,425
May 201417920994.734.73$17,945
Apr 201419018595.944.81$19,118
Mar 201418919495.895.06$19,104
Feb 201418316597.406.19$18,846
Jan 201430618090.404.86$28,537
Dec 201319917791.824.35$19,043
Nov 201319817888.853.74$18,258
Oct 201317817197.423.78$17,987
Sep 2013175193104.113.72$18,937
Aug 201317491104.253.52$18,460
Jul 2013175167102.523.72$18,562
Jun 201317616094.403.93$17,244
May 201317317994.834.15$17,148
Apr 201327717193.964.28$26,759
Mar 201327013793.623.91$25,813
Feb 201317614391.233.42$16,546
Jan 201326415791.603.42$24,719
Dec 201218123686.773.42$16,513
Nov 201243123386.953.62$38,320
Oct 201226924389.383.40$24,869
Sep 2012024594.672.92$715
Aug 201236063592.662.91$35,204
Jul 201217563285.133.02$16,807
Jun 201226166579.822.52$22,508
May 201228063691.612.49$27,233
Apr 2012171619101.652.00$18,618
Mar 2012354593105.052.22$38,505
Feb 2012388567101.102.57$40,684
Jan 2012061698.092.73$1,684
Dec 201131047296.873.24$31,559
Nov 20119645295.723.31$10,686
Oct 201140157284.983.65$36,164
Sep 201149975283.623.99$44,724
Aug 201146746383.404.15$40,869
Jul 201114648194.144.52$15,917
Jun 201128954592.904.64$29,377
May 20117754198.134.40$9,939
Apr 2011149571105.964.33$18,262
Mar 201121550496.364.06$22,762
Feb 201198085.644.18$8,393
Jan 201120754386.504.59$20,397
Dec 201022184985.734.35$22,638
Nov 201022080080.843.80$20,821
Oct 201015674778.103.51$14,805
Sep 201029761472.633.98$24,015
Aug 201027255873.684.42$22,507
Jul 201035876372.554.74$29,587
Jun 201035385170.364.91$29,016
May 201042390771.124.24$33,925
Apr 201047576981.694.12$41,973
Mar 20106101,26778.394.39$53,378
Feb 20103111,16973.585.44$29,246
Jan 20105671,04374.365.96$48,383
Dec 20094511,03271.445.48$37,879
Nov 200936680874.593.75$30,331
Oct 200946858972.544.11$36,370
Sep 20094821,01665.543.06$34,704
Aug 20096031,28167.423.22$44,777
Jul 20095211,33261.133.46$36,463
Jun 20097451,35366.163.90$54,559
May 20096101,48054.743.93$39,202
Apr 20097871,46846.773.59$42,074
Mar 20097781,88042.144.06$40,416
Feb 20091,0621,79232.814.63$43,147
Jan 20092,0262,63435.865.37$86,800
Dec 20082,4462,73837.105.98$107,112
Nov 200842638455.496.86$26,273

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                  168 bbl  × $106.41 =    $17,877
Casinghead gas        13 Mcf  × $  3.05 =        $40

────────────────────────────────────────────────────
Month total                                  $17,916

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/38981 is the state's own key, not one this site invented.