UNIVERSITY 5-26

Operated by OVINTIV USA INC. (P-5 628658) 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 39302District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$10.3 M
Feb 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
208
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
OilDisposition136,582 bbl$9,711,645
Casinghead gasProduction180,590 Mcf$622,718
Total$10,334,364

Wells on this lease (2)

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 32.4456, -102.3271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.44564, -102.32712 · 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%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
10,881 ft
2 wells filed one
Completion to plug
0 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 10,407 and 11,355 ft, median 10,881 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2009 – Mar 2014
2 of 2 wells
Plug dates filed
Mar 2014
1 of 2 wells; 1 filed none

Last completion to plug: a median of 0 months across the 1 well that filed both dates, with the middle half between 0 months and 0 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-00342287211,355 ftMar 2014Mar 2014Yes
42-00340686110,407 ftFeb 2009

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 (208)

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

208 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 202430079.932.15$2,398
Jun 20240078.082.63$0
May 202427078.812.20$2,128
Apr 20240084.451.66$0
Mar 202457080.301.55$4,577
Feb 20240076.091.78$0
Jan 202431073.023.30$2,264
Dec 202350071.262.61$3,563
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202336089.042.74$3,205
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023013778.122.24$307
Mar 20236913772.852.39$5,355
Feb 202317321875.112.47$13,532
Jan 20239223576.533.39$7,837
Dec 20227718776.415.73$6,955
Nov 20227918785.005.65$7,771
Oct 20227224987.185.86$7,737
Sep 20227124784.888.16$8,043
Aug 202211213394.529.13$11,800
Jul 202273223101.587.54$9,097
Jun 202296883115.097.98$18,093
May 202276301109.378.43$10,850
Apr 2022206305104.226.84$23,555
Mar 2022132428108.885.08$16,545
Feb 202223450291.054.86$23,745
Jan 202212135881.844.54$11,527
Dec 202123145871.323.90$18,261
Nov 202123638377.435.24$20,279
Oct 202111349479.795.71$11,839
Sep 202122350369.865.35$18,270
Aug 202111146566.024.22$9,291
Jul 202122255070.783.98$17,903
Jun 202111237069.493.38$9,034
May 202121036363.483.02$14,426
Apr 202121350560.362.76$14,250
Mar 202119945761.302.72$13,440
Feb 202112250757.805.55$9,864
Jan 202118943850.412.81$10,758
Dec 202018234644.642.68$9,050
Nov 202018341938.772.71$8,229
Oct 202047885636.972.48$19,793
Sep 202032040737.091.99$12,679
Aug 202022339939.982.39$9,867
Jul 202011239738.371.83$5,022
Jun 202020737234.901.69$7,853
May 2020019616.921.81$356
Apr 202011929414.751.80$2,286
Mar 202011434430.341.86$4,097
Feb 202010931649.881.98$6,063
Jan 20209833557.252.09$6,312
Dec 201910730459.012.30$7,015
Nov 201911332555.302.75$7,143
Oct 201920737053.472.42$11,963
Sep 201910027355.052.66$6,230
Aug 20199935353.112.30$6,071
Jul 20199742556.272.46$6,504
Jun 201918026252.782.49$10,153
May 20198846358.482.74$6,415
Apr 201911330062.632.75$7,902
Mar 201911232556.803.06$7,357
Feb 201910627550.852.79$6,158
Jan 201915127746.033.23$7,845
Dec 201814927846.594.19$8,105
Nov 20188529952.934.24$5,766
Oct 20187230861.443.40$5,470
Sep 20187333359.543.11$5,381
Aug 201811090159.403.07$9,297
Jul 20186140665.142.93$5,164
Jun 201814044660.183.08$9,798
May 201813744065.382.90$10,233
Apr 201812833563.842.90$9,143
Mar 201812749761.222.79$9,160
Feb 20188849061.782.77$6,792
Jan 201817436362.874.01$12,395
Dec 201711411857.272.92$6,874
Nov 201729319455.423.12$16,843
Oct 201716218349.292.98$8,531
Sep 201719235947.523.09$10,232
Aug 201712045345.373.00$6,805
Jul 20171919343.873.09$8,666
Jun 201716674442.493.09$9,350
May 20175132,50245.373.26$31,440
Apr 20174512,13747.933.21$28,480
Mar 20173472,11646.772.98$22,543
Feb 20176292,06350.452.95$37,824
Jan 20176291,39149.413.42$35,834
Dec 20166222,08548.763.72$38,091
Nov 20164012,27642.492.64$23,057
Oct 20166012,80546.193.09$36,428
Sep 20168472,91741.553.10$44,237
Aug 20165642,78241.442.92$31,508
Jul 20167712,58641.622.92$39,651
Jun 20166242,36845.352.69$34,658
May 20169852,61242.521.99$47,083
Apr 20168862,26436.561.99$36,900
Mar 20161,2542,81033.011.79$46,436
Feb 201639822826.472.06$11,006
Jan 20161,1722,50727.352.36$37,982
Dec 20153621,88932.362.00$15,495
Nov 201572038.792.17$2,793
Oct 201528625343.552.43$13,069
Sep 201531050942.992.76$14,731
Aug 20153881,47740.162.87$19,825
Jul 20152971,35948.152.95$18,303
Jun 20153791,02656.152.88$24,239
May 20153751,64255.212.96$25,557
Apr 201521498649.822.71$13,330
Mar 20153601,08242.892.93$18,616
Feb 201538789444.662.98$19,944
Jan 201536679943.433.10$18,373
Dec 201416886254.693.59$12,284
Nov 201448089470.464.25$37,622
Oct 201445049378.303.90$37,158
Sep 201454475586.164.05$49,925
Aug 201445797689.394.04$44,790
Jul 201454380496.564.18$55,792
Jun 201421886698.164.74$25,501
May 201452270594.734.73$52,781
Apr 201455146495.944.81$55,094
Mar 201462039595.895.06$61,449
Feb 201456542897.406.19$57,681
Jan 20141,1301,10790.404.86$107,533
Dec 20138461,26991.824.35$83,206
Nov 20137271,31888.853.74$69,521
Oct 201369295797.423.78$71,031
Sep 20137461,379104.113.72$82,793
Aug 20134161,151104.253.52$47,423
Jul 2013690942102.523.72$74,241
Jun 201364879194.403.93$64,283
May 201372751794.834.15$71,086
Apr 201389561693.964.28$86,732
Mar 20131,2661,06693.623.91$122,694
Feb 20131,1451,62491.233.42$110,012
Jan 20131,1331,87691.603.42$110,199
Dec 20121,4501,93486.773.42$132,431
Nov 20129632,06486.953.62$91,215
Oct 20121,4281,95189.383.40$134,267
Sep 20121,0311,65894.672.92$102,443
Aug 20121,5892,53792.662.91$154,615
Jul 20121,6482,67985.133.02$148,387
Jun 20121,3041,86179.822.52$108,773
May 20121,1581,85491.612.49$110,698
Apr 20121,9682,417101.652.00$204,873
Mar 20121,6532,905105.052.22$180,103
Feb 20121,4732,400101.102.57$155,089
Jan 20122,4443,20998.092.73$248,506
Dec 20118121,25496.873.24$82,721
Nov 20117781,23995.723.31$78,573
Oct 20111,0111,40884.983.65$91,052
Sep 20118031,39283.623.99$72,695
Aug 20111,0671,19783.404.15$93,955
Jul 20111,1261,12894.144.52$111,097
Jun 20111,1201,12692.904.64$109,273
May 20111,0891,33898.134.40$112,757
Apr 20111,0341,306105.964.33$115,222
Mar 20111,6411,25496.364.06$163,215
Feb 20111,0441,11085.644.18$94,048
Jan 20111,3341,28486.504.59$121,283
Dec 20101,38695685.734.35$122,978
Nov 20101,3311,35880.843.80$112,752
Oct 20101,73486578.103.51$138,461
Sep 20101,61464072.633.98$119,772
Aug 20101,57776973.684.42$119,592
Jul 20101,6081,28572.554.74$122,747
Jun 20101,4241,03470.364.91$105,270
May 20101,5651,54371.124.24$117,838
Apr 20102,1401,55481.694.12$181,223
Mar 20101,9591,51678.394.39$160,219
Feb 20101,9661,38173.585.44$152,174
Jan 20102,5021,64974.365.96$195,884
Dec 20091,7771,32971.445.48$134,237
Nov 20092,3021,25974.593.75$176,429
Oct 20092,6481,80472.544.11$199,501
Sep 20093,0421,59365.543.06$204,255
Aug 20093,7291,99867.423.22$257,840
Jul 20094,0113,24561.133.46$256,435
Jun 20094,7543,36166.163.90$327,616
May 20095,7813,26654.743.93$329,273
Apr 20098,7684,19146.773.59$425,115
Mar 20095,8521,78242.144.06$253,836
Feb 200918099132.814.63$10,497

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.

Jul 2024 — as filed, then multipliedworked
Oil                   30 bbl  × $ 79.93 =     $2,398
Casinghead gas         0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                   $2,398

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/39302 is the state's own key, not one this site invented.