UNIVERSITY 6-33

Operated by QEP ENERGY COMPANY (P-5 684474) 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 39425District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.1 M
Nov 2008 – Jan 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
123
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
OilDisposition15,629 bbl$1,027,625
Casinghead gasProduction25,242 Mcf$93,256
Total$1,120,881

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 32.4649, -102.2504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46487, -102.25042 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,195 ft
1 wells filed one
Completion to plug
9.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,195 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Jul 2018
1 of 1 wells

Last completion to plug: a median of 9.7 years across the 1 well that filed both dates, with the middle half between 9.7 years and 9.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00340492110,195 ftNov 2008Jul 2018Yes

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 (123)

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

123 months

Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017291049.292.98$14,343
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017010642.493.09$327
May 201707345.373.26$238
Apr 2017016547.933.21$530
Mar 2017228846.772.98$953
Feb 2017028850.452.95$850
Jan 2017031249.413.42$1,067
Dec 201616629848.763.72$9,204
Nov 2016026742.492.64$706
Oct 201633523546.193.09$16,200
Sep 2016017841.553.10$552
Aug 2016019241.442.92$561
Jul 2016317541.622.92$637
Jun 201615915645.352.69$7,630
May 201617016642.521.99$7,559
Apr 2016015736.561.99$313
Mar 2016318233.011.79$426
Feb 2016127626.472.06$596
Jan 201616830627.352.36$5,318
Dec 2015230032.362.00$665
Nov 2015025638.792.17$555
Oct 201517019443.552.43$7,874
Sep 201517318942.992.76$7,959
Aug 2015021240.162.87$609
Jul 2015220348.152.95$694
Jun 201516833756.152.88$10,405
May 2015140455.212.96$1,249
Apr 2015069749.822.71$1,886
Mar 201517344942.892.93$8,738
Feb 2015052544.662.98$1,563
Jan 201516938743.433.10$8,540
Dec 2014043654.693.59$1,566
Nov 201417737570.464.25$14,066
Oct 2014013078.303.90$507
Sep 201416220186.164.05$14,771
Aug 201416920289.394.04$15,922
Jul 2014019496.564.18$811
Jun 201417015598.164.74$17,421
May 201415819294.734.73$15,875
Apr 2014123995.944.81$1,245
Mar 2014015595.895.06$784
Feb 201417016997.406.19$17,604
Jan 2014017390.404.86$841
Dec 201316819891.824.35$16,288
Nov 201316817788.853.74$15,588
Oct 201318515797.423.78$18,616
Sep 20130163104.113.72$606
Aug 2013168106104.253.52$17,887
Jul 20130141102.523.72$524
Jun 201317114094.403.93$16,693
May 2013015994.834.15$660
Apr 201318314793.964.28$17,824
Mar 20131819193.623.91$17,301
Feb 201317510891.233.42$16,335
Jan 2013318491.603.42$904
Dec 201216825486.773.42$15,446
Nov 201218513086.953.62$16,557
Oct 2012214989.383.40$685
Sep 201253318194.672.92$50,987
Aug 2012110892.662.91$407
Jul 201206785.133.02$202
Jun 2012423379.822.52$906
May 20120991.612.49$22
Apr 20121257101.652.00$615
Mar 2012335344105.052.22$35,956
Feb 2012040101.102.57$103
Jan 201216817798.092.73$16,963
Dec 201116416396.873.24$16,415
Nov 2011017695.723.31$583
Oct 201185316384.983.65$73,083
Sep 2011017083.623.99$678
Aug 2011022483.404.15$929
Jul 201116817394.144.52$16,597
Jun 2011217592.904.64$998
May 201102898.134.40$123
Apr 201110105.964.33$106
Mar 20110196.364.06$4
Feb 20114085.644.18$343
Jan 201111086.504.59$132
Dec 201018820785.734.35$17,017
Nov 201016923780.843.80$14,561
Oct 201017923578.103.51$14,804
Sep 20101887872.633.98$13,965
Aug 201017513173.684.42$13,473
Jul 201018531072.554.74$14,890
Jun 2010232570.364.91$1,737
May 201033632371.124.24$25,264
Apr 201016432381.694.12$14,729
Mar 201016934078.394.39$14,740
Feb 201017830273.585.44$14,741
Jan 201033737174.365.96$27,272
Dec 200916546971.445.48$14,359
Nov 200917941874.593.75$14,920
Oct 200934734972.544.11$26,606
Sep 200935447065.543.06$24,642
Aug 200936151667.423.22$25,999
Jul 200935011761.133.46$21,801
Jun 2009439166.163.90$1,788
May 200971263454.743.93$41,464
Apr 200950264046.773.59$25,775
Mar 200917345442.144.06$9,133
Feb 200967881332.814.63$26,012
Jan 20091,52887035.865.37$59,467
Dec 200885132237.105.98$33,497
Nov 20080055.496.86$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.

Oct 2017 — as filed, then multipliedworked
Oil                  291 bbl  × $ 49.29 =    $14,343
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                  $14,343

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/39425 is the state's own key, not one this site invented.