UNIVERSITY 7-27

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 38986District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$29.7 M
Sep 2008 – May 2026
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
213
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
OilDisposition370,502 bbl$26,725,580
Casinghead gasProduction890,968 Mcf$3,024,002
Total$29,749,582

Wells on this lease (10)

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 32.3920, -102.1770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.39278, -102.17683 · 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
30.0%
3 of 10 wells
With a plug date
30.0%
3 of 10 wells
Median depth
10,683 ft
10 wells filed one
Completion to plug
9.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
330.0%
A plug date is filed
330.0%
BothOn the schedule and plugged. Neither fact cancels the other.
330.0%
NeitherNo plug date, and not on the schedule.
770.0%

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

Total depth in feet, 10 of 10 wells. Median 10,683 ft, with the middle half between 10,263 and 11,681 ft; the shallowest is 5,630 ft and the deepest 14,142 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, 10 of 10 wells, Sep 2008 – Mar 2026. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 2008 – Mar 2026
10 of 10 wells
Plug dates filed
Mar 2019 – Feb 2025
3 of 10 wells; 7 filed none

Last completion to plug: a median of 9.6 years across the 3 wells that filed both dates, with the middle half between 8.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-31739393D 15,630 ftMar 2026
42-31740776D 214,142 ftOct 2017
42-31740062911,895 ftMay 2015
42-31738682812,058 ftSep 2013
42-31737501610,250 ftAug 2012
42-31737227510,325 ftAug 2012Mar 2022Yes
42-31736264411,040 ftMay 2011Mar 2019Yes
42-31736029211,040 ftApr 2011Feb 2025Yes
42-31735479310,300 ftAug 2010
42-31735347110,200 ftSep 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 (213)

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

213 months

May 20261053,633106.413.05$22,239
Apr 20262401,12698.932.87$26,975
Mar 202632089.753.15$2,872
Feb 202628063.503.75$1,778
Jan 2026326259.138.00$2,273
Dec 20256466156.664.41$6,543
Nov 202540147158.593.93$25,344
Oct 202511517059.383.30$7,391
Sep 20257729362.743.08$5,733
Aug 202514558663.933.01$11,037
Jul 202513655366.743.32$10,910
Jun 202516618266.483.13$11,605
May 202520716260.553.23$13,057
Apr 202522225462.363.54$14,744
Mar 202531226367.704.27$22,245
Feb 202528624170.884.34$21,318
Jan 202528532674.324.28$22,576
Dec 202434643268.993.12$25,219
Nov 202440743369.052.20$29,055
Oct 20248581,30971.372.28$64,222
Sep 20246021,10569.612.36$44,518
Aug 202423921875.632.06$18,525
Jul 202436864979.932.15$30,807
Jun 20243291,51678.082.63$29,681
May 20242311,24878.812.20$20,949
Apr 20244771,24584.451.66$42,348
Mar 20243851,42980.301.55$33,123
Feb 202437168676.091.78$29,453
Jan 2024654173.023.30$4,882
Dec 202362770271.262.61$46,513
Nov 202367882677.892.81$55,128
Oct 202329070785.443.09$26,960
Sep 20235731,60189.042.74$55,399
Aug 202315351980.522.67$13,707
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 202115071.323.90$1,070
Nov 2021181077.435.24$14,015
Oct 2021139979.795.71$2,360
Sep 202163193169.865.35$49,063
Aug 20212891,17266.024.22$24,026
Jul 20212621,22270.783.98$23,410
Jun 202101,19269.493.38$4,030
May 20212361,18263.483.02$18,548
Apr 20214511,02260.362.76$30,041
Mar 202111897661.302.72$9,885
Feb 20212881,16357.805.55$23,099
Jan 20212211,32250.412.81$14,856
Dec 20202041,33444.642.68$12,676
Nov 20202681,10138.772.71$13,370
Oct 202039380036.972.48$16,512
Sep 20204511,66237.091.99$20,037
Aug 20201831,63139.982.39$11,206
Jul 20203651,43338.371.83$16,620
Jun 20202781,32234.901.69$11,937
May 20203151,57716.921.81$8,192
Apr 20203091,57114.751.80$7,392
Mar 20201521,49230.341.86$7,381
Feb 20202801,43349.881.98$16,805
Jan 20204641,43757.252.09$29,574
Dec 20197262,89659.012.30$49,515
Nov 20191,1393,64355.302.75$73,008
Oct 20198835,97453.472.42$61,662
Sep 20191,0325,12555.052.66$70,430
Aug 20191,8286,91753.112.30$113,024
Jul 20191,6365,82156.272.46$106,378
Jun 20191,0043,54052.782.49$61,810
May 20197403,87158.482.74$53,883
Apr 20196983,06862.632.75$52,155
Mar 20196582,83756.803.06$46,062
Feb 20197592,89950.852.79$46,690
Jan 20196643,09946.033.23$40,568
Dec 20181,5106,54346.594.19$97,736
Nov 20182,0047,23852.934.24$136,741
Oct 20181,6755,94161.443.40$123,100
Sep 20181,0664,90759.543.11$78,721
Aug 20181,0964,51159.403.07$78,936
Jul 20181,1004,10165.142.93$83,678
Jun 20181,4783,63160.183.08$100,118
May 20181,3934,51265.382.90$104,163
Apr 20181,0922,95563.842.90$78,285
Mar 20181,1562,27861.222.79$77,119
Feb 20181,5491,46761.782.77$99,755
Jan 20183,0842,93062.874.01$205,638
Dec 20172,6222,92457.272.92$158,704
Nov 20171,3132,89855.423.12$81,803
Oct 20171,4954,90249.292.98$88,315
Sep 20171,6358,60947.523.09$104,274
Aug 20171,6184,50345.373.00$86,937
Jul 20171,8663,05343.873.09$91,287
Jun 20172,7234,04042.493.09$128,173
May 20173,8734,35845.373.26$189,940
Apr 201740176247.933.21$21,667
Mar 20176552,05646.772.98$36,769
Feb 20177333,87550.452.95$48,421
Jan 20171,0014,98949.413.42$66,516
Dec 20161,1595,90648.763.72$78,500
Nov 20161,1195,56842.492.64$62,270
Oct 20161,1294,97246.193.09$67,513
Sep 20161,2455,10541.553.10$67,558
Aug 20161,0805,31541.442.92$60,298
Jul 20162,5239,03541.622.92$131,429
Jun 20162,4679,42945.352.69$137,203
May 20162,95910,81842.521.99$147,356
Apr 20163,42710,98436.561.99$147,161
Mar 20162,6499,68033.011.79$104,810
Feb 20162,3548,46726.472.06$79,783
Jan 20163,48111,44427.352.36$122,263
Dec 20153,87112,42932.362.00$150,141
Nov 20153,00010,53838.792.17$139,209
Oct 20154,09911,69643.552.43$206,893
Sep 20153,68311,23542.992.76$189,323
Aug 20154,88713,97540.162.87$236,405
Jul 20155,13415,28648.152.95$292,221
Jun 20154,62213,33256.152.88$297,960
May 20155,28214,48655.212.96$334,432
Apr 20153,68912,35149.822.71$217,215
Mar 20155,27713,36642.892.93$265,556
Feb 20153,9629,63344.662.98$205,613
Jan 20152,0475,60543.433.10$106,280
Dec 20142,7998,36054.693.59$183,101
Nov 20143,2187,80870.464.25$259,939
Oct 20144,49012,12078.303.90$398,847
Sep 20144,49313,00286.164.05$439,716
Aug 20143,91712,57889.394.04$400,894
Jul 20143,85912,92296.564.18$426,634
Jun 20145,28217,67698.164.74$602,210
May 20145,10215,27894.734.73$555,525
Apr 20145,00914,29995.944.81$549,329
Mar 20145,4576,84395.895.06$557,875
Feb 20143,94510,87797.406.19$451,593
Jan 20144,44410,56290.404.86$453,077
Dec 20135,0758,09791.824.35$501,245
Nov 20135,0607,82388.853.74$478,826
Oct 20134,6425,29297.423.78$472,224
Sep 20134,20410,664104.113.72$477,324
Aug 20133,55411,029104.253.52$409,355
Jul 20134,05012,265102.523.72$460,804
Jun 20133,60511,20294.403.93$384,374
May 20133,71510,62994.834.15$396,394
Apr 20134,4349,86293.964.28$458,854
Mar 20134,4708,22293.623.91$450,653
Feb 20135,0538,06591.233.42$488,567
Jan 20133,9377,65191.603.42$386,795
Dec 20126,01411,28486.773.42$560,428
Nov 20126,10510,03886.953.62$567,217
Oct 20127,6099,45189.383.40$712,223
Sep 20123,4785,10594.672.92$344,161
Aug 20121,2453,48492.662.91$125,494
Jul 20122,2407,74385.133.02$214,081
Jun 20122,6916,40479.822.52$230,928
May 20122,9216,42291.612.49$283,573
Apr 20122,7206,614101.652.00$289,695
Mar 20122,4685,555105.052.22$271,607
Feb 20122,4804,757101.102.57$262,955
Jan 20124,9457,29898.092.73$505,008
Dec 20115,3606,48896.873.24$540,243
Nov 20114,8665,90795.723.31$485,333
Oct 20115,3736,39184.983.65$479,915
Sep 20115,2377,31383.623.99$467,066
Aug 20115,7697,70883.404.15$513,118
Jul 20114,9344,70994.144.52$485,758
Jun 20114,4407,06492.904.64$445,252
May 20113,9436,37898.134.40$415,021
Apr 20111,1221,876105.964.33$127,016
Mar 20115921,28296.364.06$62,247
Feb 20116861,16485.644.18$63,615
Jan 20111,0821,57386.504.59$100,811
Dec 20101,0461,73285.734.35$97,204
Nov 20108521,71180.843.80$75,369
Oct 20101,0011,69978.103.51$84,140
Sep 20105771,05872.633.98$46,118
Aug 20105771,22573.684.42$47,927
Jul 20105951,99172.554.74$52,598
Jun 20105541,82270.364.91$47,926
May 20105571,95271.124.24$47,881
Apr 20104971,62381.694.12$47,291
Mar 20105661,57578.394.39$51,281
Feb 20105371,42373.585.44$47,257
Jan 20105881,59574.365.96$53,236
Dec 20091,0493,14271.445.48$92,171
Nov 20091,1523,25774.593.75$98,146
Oct 20091,1603,39272.544.11$98,088
Sep 20091,3533,39565.543.06$99,080
Aug 20091,58987367.423.22$109,940
Jul 20091,553061.133.46$94,935
Jun 20091,8231,67366.163.90$127,126
May 20092,7973,05354.743.93$165,093
Apr 20092,4374,14146.773.59$128,834
Mar 20092,8612,06542.144.06$128,944
Feb 20092,0442,67532.814.63$79,457
Jan 20092,7564,34735.865.37$122,178
Dec 20083,3773,07437.105.98$143,660
Nov 20083,2421,79055.496.86$192,179
Oct 20080075.246.92$0
Sep 200800101.767.88$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.

May 2026 — as filed, then multipliedworked
Oil                  105 bbl  × $106.41 =    $11,173
Casinghead gas     3,633 Mcf  × $  3.05 =    $11,066

────────────────────────────────────────────────────
Month total                                  $22,239

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/38986 is the state's own key, not one this site invented.