UNIVERSITY 6-31

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 39523District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$8.0 M
May 2009 – Sep 2023
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
173
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
OilDisposition108,120 bbl$7,725,013
Casinghead gasProduction83,084 Mcf$299,513
Total$8,024,526

Wells on this lease (3)

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 32.4715, -102.2238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.47169, -102.22516 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
10,207 ft
3 wells filed one
Completion to plug
12.4 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 10,169 and 10,300 ft, median 10,207 ft, over the 3 wells that filed a depth.

Completions filed
May 2009 – Aug 2009
3 of 3 wells
Plug dates filed
Nov 2021
3 of 3 wells

Last completion to plug: a median of 12.4 years across the 3 wells that filed both dates, with the middle half between 12.3 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-00340733310,207 ftAug 2009Nov 2021Yes
42-00340812210,300 ftJun 2009Nov 2021Yes
42-00340737110,169 ftMay 2009Nov 2021Yes

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 (173)

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

173 months

Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023413068.962.26$28,480
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 20220381.844.54$14
Dec 20210071.323.90$0
Nov 202101677.435.24$84
Oct 202106179.795.71$349
Sep 202133312669.865.35$23,938
Aug 2021021766.024.22$916
Jul 202132318470.783.98$23,595
Jun 2021011569.493.38$389
May 20213338963.483.02$21,407
Apr 2021160060.362.76$9,658
Mar 202134416261.302.72$21,527
Feb 202109557.805.55$527
Jan 2021019450.412.81$545
Dec 202037326044.642.68$17,346
Nov 202033315338.772.71$13,325
Oct 2020015336.972.48$379
Sep 202033725937.091.99$13,015
Aug 202066526039.982.39$27,207
Jul 20203378638.371.83$13,088
Jun 2020010234.901.69$172
May 20203369316.921.81$5,854
Apr 2020021514.751.80$388
Mar 20203717830.341.86$11,401
Feb 202073627349.881.98$37,252
Jan 202063447557.252.09$37,292
Dec 201972932159.012.30$43,758
Nov 201953115655.302.75$29,793
Oct 2019012153.472.42$293
Sep 20190555.052.66$13
Aug 201901853.112.30$41
Jul 20190056.272.46$0
Jun 201946314852.782.49$24,806
May 20193246858.482.74$19,134
Apr 20199694962.632.75$60,823
Mar 201933812656.803.06$19,584
Feb 201931435950.852.79$16,969
Jan 201969219446.033.23$32,479
Dec 201868834446.594.19$33,494
Nov 201834128952.934.24$19,274
Oct 201868041761.443.40$43,196
Sep 20183436559.543.11$20,624
Aug 20186842559.403.07$40,706
Jul 201867929565.142.93$45,095
Jun 201834022160.183.08$21,141
May 201831949965.382.90$22,304
Apr 201834530363.842.90$22,904
Mar 201866353461.222.79$42,077
Feb 201834541561.782.77$22,462
Jan 201868839062.874.01$44,818
Dec 201767455357.272.92$40,216
Nov 201733659555.423.12$20,477
Oct 201734148649.292.98$18,258
Sep 201768157247.523.09$34,127
Aug 201733857745.373.00$17,069
Jul 201767459743.873.09$31,411
Jun 201733552542.493.09$15,855
May 201734750345.373.26$17,385
Apr 201785653147.933.21$42,733
Mar 201750755146.772.98$25,356
Feb 201734145550.452.95$18,547
Jan 201767251749.413.42$34,971
Dec 201669648148.763.72$35,728
Nov 201669157042.492.64$30,868
Oct 201634641646.193.09$17,267
Sep 201669060441.553.10$30,542
Aug 201667965641.442.92$30,056
Jul 201667558541.622.92$29,804
Jun 201667266945.352.69$32,272
May 201667258142.521.99$29,730
Apr 20161,02175736.561.99$38,835
Mar 2016039033.011.79$700
Feb 201668442926.472.06$18,991
Jan 201669078827.352.36$20,735
Dec 201584651332.362.00$28,403
Nov 201534265938.792.17$14,694
Oct 201568376343.552.43$31,596
Sep 201533944742.992.76$15,807
Aug 201567958540.162.87$28,949
Jul 201566949948.152.95$33,682
Jun 201566864956.152.88$39,379
May 201551867255.212.96$30,585
Apr 201585356049.822.71$44,012
Mar 201536426642.892.93$16,393
Feb 201534727044.662.98$16,301
Jan 201535234543.433.10$16,357
Dec 201452349654.693.59$30,384
Nov 201455553270.464.25$41,367
Oct 201474763978.303.90$60,983
Sep 201472292286.164.05$65,937
Aug 20143681,01289.394.04$36,979
Jul 20147151,00796.564.18$73,249
Jun 201491892998.164.74$94,511
May 201435361394.734.73$36,337
Apr 201470059795.944.81$70,029
Mar 201469946695.895.06$69,384
Feb 201436036397.406.19$37,312
Jan 201473952190.404.86$69,338
Dec 201357049991.824.35$54,510
Nov 201371756488.853.74$65,814
Oct 201370264097.423.78$70,808
Sep 2013832567104.113.72$88,727
Aug 2013515655104.253.52$55,996
Jul 2013685688102.523.72$72,784
Jun 201384866594.403.93$82,667
May 201369063094.834.15$68,047
Apr 201385658693.964.28$82,939
Mar 201349327293.623.91$47,219
Feb 201368148991.233.42$63,800
Jan 201385142391.603.42$79,398
Dec 201234252086.773.42$31,454
Nov 201285874686.953.62$77,307
Oct 20121,03582489.383.40$95,310
Sep 201285976794.672.92$83,560
Aug 201269362792.662.91$66,037
Jul 201288984885.133.02$78,242
Jun 20121,07868179.822.52$87,761
May 20121,09598491.612.49$102,761
Apr 20121,088784101.652.00$112,161
Mar 2012869648105.052.22$92,728
Feb 2012969453101.102.57$99,130
Jan 20121,37529398.092.73$135,675
Dec 201118316696.873.24$18,265
Nov 20111742295.723.31$16,728
Oct 20111,56310284.983.65$133,196
Sep 2011678083.623.99$56,694
Aug 2011536083.404.15$44,702
Jul 20111,18129894.144.52$112,525
Jun 20111,03172792.904.64$99,153
May 20111,2131,34398.134.40$124,947
Apr 20111,0331,404105.964.33$115,541
Mar 20111,4141,15996.364.06$140,956
Feb 201185777585.644.18$76,633
Jan 20111,41467186.504.59$125,390
Dec 20101,05594385.734.35$94,545
Nov 20101,4021,41780.843.80$118,716
Oct 20101,7431,33578.103.51$140,813
Sep 20101,0471,46872.633.98$81,885
Aug 20101,3951,18173.684.42$108,003
Jul 20101,5921,42672.554.74$122,254
Jun 201072382170.364.91$54,902
May 20101,4201,36771.124.24$106,780
Apr 20101,9371,20081.694.12$163,181
Mar 20101,7971,64678.394.39$148,091
Feb 20101,2621,40373.585.44$100,494
Jan 20102,3041,53374.365.96$180,468
Dec 20091,7731,53671.445.48$135,086
Nov 20091,5781,02174.593.75$121,533
Oct 20091,96014472.544.11$142,770
Sep 20092,8671,67865.543.06$193,046
Aug 20093,6072,15967.423.22$250,133
Jul 20092,7051,80261.133.46$171,600
Jun 200990674066.163.90$62,823
May 20090054.743.93$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.

Jun 2023 — as filed, then multipliedworked
Oil                  413 bbl  × $ 68.96 =    $28,480
Casinghead gas         0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                  $28,480

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/39523 is the state's own key, not one this site invented.