UNIVERSITY 40

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 39162District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$28.2 M
May 2008 – May 2026
Value, last 12 filed months
$386 k
at the published price for each month
Months reported
217
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
OilDisposition317,732 bbl$25,249,651
Casinghead gasProduction795,271 Mcf$2,941,070
Total$28,190,720

Wells on this lease (6)

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 32.3438, -102.2028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.34314, -102.20196 · 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
50.0%
3 of 6 wells
With a plug date
50.0%
3 of 6 wells
Median depth
11,400 ft
6 wells filed one
Completion to plug
13.9 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
350.0%
A plug date is filed
350.0%
BothOn the schedule and plugged. Neither fact cancels the other.
350.0%
NeitherNo plug date, and not on the schedule.
350.0%

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 10,512 and 11,560 ft, median 11,400 ft, over the 6 wells that filed a depth.

Completions filed
May 2008 – Feb 2011
6 of 6 wells
Plug dates filed
Mar 2022 – Dec 2025
3 of 6 wells; 3 filed none

Last completion to plug: a median of 13.9 years across the 3 wells that filed both dates, with the middle half between 12.5 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-31736132611,560 ftFeb 2011Mar 2022Yes
42-31736131511,540 ftJan 2011
42-31736120411,506 ftJan 2011
42-31735049311,292 ftMay 2010Dec 2025Yes
42-31735731211,294 ftApr 2010
42-31735050110,512 ftMay 2008Apr 2022Yes

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 (217)

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

217 months

May 20265361,010106.413.05$60,112
Apr 20267071,13198.932.87$73,189
Mar 20268821,61889.753.15$84,255
Feb 20263431,09163.503.75$25,872
Jan 202618297059.138.00$18,520
Dec 202534899856.664.41$24,122
Nov 202536086858.593.93$24,501
Oct 202517458859.383.30$12,275
Sep 202517276462.743.08$13,142
Aug 202533928163.933.01$22,519
Jul 202517846566.743.32$13,421
Jun 202516890466.483.13$13,997
May 20251701,07260.553.23$13,759
Apr 20251781,07062.363.54$14,891
Mar 20255191,07967.704.27$39,742
Feb 2025073070.884.34$3,169
Jan 202518778174.324.28$17,239
Dec 20243531,49968.993.12$29,032
Nov 202433892769.052.20$25,377
Oct 20246951,23771.372.28$52,424
Sep 20243381,35269.612.36$26,725
Aug 20245181,16575.632.06$41,580
Jul 20243931,07179.932.15$33,711
Jun 202450694578.082.63$41,998
May 202435552378.812.20$29,127
Apr 202454682584.451.66$47,479
Mar 20246871,29480.301.55$57,166
Feb 20247021,38176.091.78$55,878
Jan 20243471,18573.023.30$29,246
Dec 20239031,07271.262.61$67,146
Nov 202319741277.892.81$16,501
Oct 2023025485.443.09$784
Sep 202318531889.042.74$17,342
Aug 202316649280.522.67$14,681
Jul 202317363974.852.64$14,637
Jun 202334668768.962.26$25,412
May 202317362970.622.23$13,618
Apr 202321059578.122.24$17,737
Mar 202335764172.852.39$27,541
Feb 202320035275.112.47$15,890
Jan 2023045776.533.39$1,548
Dec 20222941776.415.73$22,562
Nov 2022195085.005.65$16,575
Oct 20223841487.185.86$33,559
Sep 20223677584.888.16$31,763
Aug 202219753794.529.13$23,522
Jul 2022179567101.587.54$22,459
Jun 2022148625115.097.98$22,019
May 2022914900109.378.43$107,554
Apr 2022187447104.226.84$22,546
Mar 2022190584108.885.08$23,652
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 20211918269.865.35$13,782
Aug 202136963166.024.22$27,025
Jul 2021059270.783.98$2,357
Jun 202136155069.493.38$26,945
May 2021053363.483.02$1,608
Apr 202191949460.362.76$56,834
Mar 202118961961.302.72$13,267
Feb 2021055857.805.55$3,096
Jan 202139067750.412.81$21,562
Dec 20201566344.642.68$2,443
Nov 202037363538.772.71$16,180
Oct 202036269736.972.48$15,111
Sep 2020067237.091.99$1,338
Aug 202035052439.982.39$15,243
Jul 20203341338.371.83$12,839
Jun 2020364034.901.69$12,704
May 20203724216.921.81$6,370
Apr 202045544914.751.80$7,521
Mar 20202040030.341.86$1,349
Feb 202036424249.881.98$18,636
Jan 202037349757.252.09$22,395
Dec 201933753859.012.30$21,126
Nov 201936529955.302.75$21,007
Oct 201937054953.472.42$21,112
Sep 201936749955.052.66$21,529
Aug 2019058853.112.30$1,355
Jul 20193623,26256.272.46$28,394
Jun 20197413,98152.782.49$49,027
May 20191,1112,13658.482.74$70,825
Apr 20197561,03862.632.75$50,204
Mar 20199381,21956.803.06$57,011
Feb 201917968450.852.79$11,012
Jan 201940161946.033.23$20,456
Dec 201836752546.594.19$19,296
Nov 201837236852.934.24$21,249
Oct 201836949261.443.40$24,343
Sep 20183471,13259.543.11$24,179
Aug 20187271,31859.403.07$47,226
Jul 20187191,55865.142.93$51,404
Jun 20185371,28560.183.08$36,271
May 20185431,96165.382.90$41,190
Apr 20187422,26963.842.90$53,951
Mar 20181,6392,79961.222.79$108,140
Feb 20185242,32661.782.77$38,807
Jan 20187502,55762.874.01$57,404
Dec 20171,6111,91057.272.92$97,842
Nov 20175143,41355.423.12$39,129
Oct 20171,3933,13549.292.98$78,015
Sep 20171,0815,43747.523.09$68,155
Aug 20171,3905,31645.373.00$79,036
Jul 20171,9806,21343.873.09$106,044
Jun 20171,4485,48842.493.09$78,469
May 20171,4863,89845.373.26$80,141
Apr 20179154,10547.933.21$57,040
Mar 20171,4485,81446.772.98$85,070
Feb 20171,4541,21650.452.95$76,945
Jan 20171,44763849.413.42$73,677
Dec 20161,09198848.763.72$56,875
Nov 20161,8052,51642.492.64$83,348
Oct 20161,4383,32646.193.09$76,699
Sep 20161,0873,38541.553.10$55,660
Aug 20161,8034,84541.442.92$88,885
Jul 20168891,32241.622.92$40,866
Jun 20167191,36845.352.69$36,281
May 20161,4292,21842.521.99$65,177
Apr 20161,8072,19436.561.99$70,432
Mar 20161,4461,43833.011.79$50,312
Feb 20161,0933,74126.472.06$36,652
Jan 20162,0074,29027.352.36$65,035
Dec 20151,8165,70332.362.00$70,180
Nov 20151,8304,99138.792.17$81,803
Oct 20151,0774,22043.552.43$57,144
Sep 20151,2635,09442.992.76$68,348
Aug 20159045,01040.162.87$50,696
Jul 20151,2565,59248.152.95$76,945
Jun 20151,4445,80656.152.88$97,818
May 20151,8165,35455.212.96$116,085
Apr 20151,1005,67849.822.71$70,170
Mar 20151,8357,18042.892.93$99,774
Feb 20152,5908,72044.662.98$141,622
Jan 20151,2882,35143.433.10$63,227
Dec 20142,39969154.693.59$133,683
Nov 20141,1034,20470.464.25$95,592
Oct 20142,3642,59178.303.90$195,209
Sep 20141,8325,78186.164.05$181,232
Aug 20142,1879,45489.394.04$233,644
Jul 20142,1658,40796.564.18$244,190
Jun 20141,82410,30298.164.74$227,843
May 20142,1899,44694.734.73$252,011
Apr 20142,1819,72695.944.81$256,019
Mar 20141,8407,99695.895.06$216,872
Feb 20142,9469,90797.406.19$348,285
Jan 20142,4121,48590.404.86$225,263
Dec 20132,9693,40491.824.35$287,436
Nov 20132,56810,51088.853.74$267,456
Oct 20132,91211,70897.423.78$327,936
Sep 20133,2718,174104.113.72$370,933
Aug 20133,6288,933104.253.52$409,686
Jul 20131,9856,777102.523.72$228,697
Jun 20132,1916,80694.403.93$233,601
May 20132,1856,92694.834.15$235,940
Apr 20132,5499,54293.964.28$280,369
Mar 20134,9325,43993.623.91$483,016
Feb 20132,5503,06791.233.42$243,125
Jan 20132,9548,97291.603.42$301,270
Dec 20124,19711,77186.773.42$404,432
Nov 20124,2018,26386.953.62$395,230
Oct 20123,3018,23989.383.40$323,053
Sep 20123,7777,46294.672.92$379,346
Aug 20122,7276,31692.662.91$271,052
Jul 20123,8128,79185.133.02$351,071
Jun 20122,0134,31479.822.52$171,545
May 20123,79811,01991.612.49$375,354
Apr 20124,09111,904101.652.00$439,620
Mar 20124,39810,718105.052.22$485,826
Feb 20124,4458,846101.102.57$472,126
Jan 20123,94410,15198.092.73$414,621
Dec 20114,17110,70096.873.24$438,710
Nov 20115,76713,58195.723.31$596,988
Oct 20115,73016,98184.983.65$548,891
Sep 20114,6091,51183.623.99$391,427
Aug 20116,06020,92483.404.15$592,224
Jul 20117,14831,24494.144.52$814,049
Jun 20117,29119,36992.904.64$767,204
May 20116,59317,68798.134.40$724,879
Apr 20118,64619,048105.964.33$998,670
Mar 20117,00320,19696.364.06$756,751
Feb 20113,8766,71685.644.18$360,013
Jan 20116,1319,93686.504.59$575,926
Dec 20103,8995,67785.734.35$358,943
Nov 20102,3465,73580.843.80$211,417
Oct 20102,7577,98178.103.51$243,326
Sep 20103,2985,74372.633.98$262,388
Aug 20103,0796,52273.684.42$255,684
Jul 20104,3848,20572.554.74$356,922
Jun 20105,6619,33270.364.91$444,132
May 20105,2006,46271.124.24$397,192
Apr 20101,2791,92181.694.12$112,401
Mar 20107311,65878.394.39$64,580
Feb 2010286773.585.44$4,866
Jan 20107261,98874.365.96$65,842
Dec 20095432,34171.445.48$51,629
Nov 20095482,30674.593.75$49,526
Oct 20095402,58872.544.11$49,809
Sep 20095452,57865.543.06$43,620
Aug 20098362,93167.423.22$65,797
Jul 20095392,97261.133.46$43,246
Jun 20091,0732,88566.163.90$82,227
May 20098973,76054.743.93$63,863
Apr 20099032,85446.773.59$52,472
Mar 20091,4292,71842.144.06$71,250
Feb 20091,2701,64332.814.63$49,281
Jan 200907135.865.37$381
Dec 200805037.105.98$299
Nov 20081,0852,86955.496.86$79,889
Oct 20081,7874,09175.246.92$162,772
Sep 20081,253790101.767.88$133,728
Aug 20081,7981,680114.228.48$219,619
Jul 20081,8291,495131.0811.39$256,773
Jun 20081,7280131.3313.03$226,938
May 20083520123.1711.57$43,356

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                  536 bbl  × $106.41 =    $57,036
Casinghead gas     1,010 Mcf  × $  3.05 =     $3,076

────────────────────────────────────────────────────
Month total                                  $60,112

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/39162 is the state's own key, not one this site invented.