UNIVERSITY 6-26

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 39624District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.8 M
Aug 2009 – Sep 2023
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
170
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
OilDisposition25,958 bbl$1,774,315
Casinghead gasProduction13,249 Mcf$51,146
Total$1,825,461

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 32.4831, -102.2211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48307, -102.22114 · 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
10,175 ft
1 wells filed one
Completion to plug
12.3 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 10,175 ft.

Completions filed
Aug 2009
1 of 1 wells
Plug dates filed
Dec 2021
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00340739110,175 ftAug 2009Dec 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 (170)

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

170 months

Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023116068.962.26$7,999
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 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021324070.783.98$22,933
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021172050.412.81$8,671
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020333036.972.48$12,311
Sep 20200037.091.99$0
Aug 2020333039.982.39$13,313
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020330016.921.81$5,584
Apr 202007214.751.80$130
Mar 20200030.341.86$0
Feb 2020182049.881.98$9,078
Jan 2020383057.252.09$21,927
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190255.052.66$5
Aug 20190353.112.30$7
Jul 2019325056.272.46$18,288
Jun 201903052.782.49$75
May 20194821658.482.74$28,231
Apr 201901162.632.75$30
Mar 20193193356.803.06$18,220
Feb 20193295550.852.79$16,883
Jan 201903546.033.23$113
Dec 201804346.594.19$180
Nov 20183373452.934.24$17,981
Oct 201806361.443.40$214
Sep 2018327559.543.11$19,485
Aug 20180359.403.07$9
Jul 201802765.142.93$79
Jun 20181672360.183.08$10,121
May 20181675665.382.90$11,081
Apr 201803863.842.90$110
Mar 20183457561.222.79$21,330
Feb 201805561.782.77$152
Jan 201805762.874.01$229
Dec 20173376957.272.92$19,502
Nov 201707255.423.12$225
Oct 20173498149.292.98$17,444
Sep 201708447.523.09$259
Aug 201708645.373.00$258
Jul 20173389043.873.09$15,106
Jun 201708742.493.09$269
May 20173386845.373.26$15,557
Apr 201709047.933.21$289
Mar 20173398746.772.98$16,115
Feb 201709350.452.95$275
Jan 201734210649.413.42$17,261
Dec 2016010348.763.72$383
Nov 201634210742.492.64$14,815
Oct 20163406646.193.09$15,909
Sep 2016013341.553.10$412
Aug 201632914441.442.92$14,055
Jul 201633415941.622.92$14,366
Jun 201632516245.352.69$15,174
May 201633614442.521.99$14,573
Apr 201604136.561.99$82
Mar 201604333.011.79$77
Feb 20161765226.472.06$4,766
Jan 201605227.352.36$123
Dec 20151784332.362.00$5,846
Nov 20151656438.792.17$6,539
Oct 201506443.552.43$155
Sep 20151667142.992.76$7,332
Aug 20151716740.162.87$7,060
Jul 20151735948.152.95$8,504
Jun 201506956.152.88$199
May 20155176955.212.96$28,748
Apr 201504649.822.71$125
Mar 201504642.892.93$135
Feb 201504644.662.98$137
Jan 20151693243.433.10$7,439
Dec 201404554.693.59$162
Nov 20141854370.464.25$13,218
Oct 201405878.303.90$226
Sep 20141886286.164.05$16,449
Aug 20141826189.394.04$16,515
Jul 20141836696.564.18$17,946
Jun 201406598.164.74$308
May 20141806494.734.73$17,354
Apr 20141804595.944.81$17,486
Mar 201403695.895.06$182
Feb 20141823997.406.19$17,968
Jan 20141874590.404.86$17,124
Dec 201302991.824.35$126
Nov 2013175088.853.74$15,549
Oct 2013170197.423.78$16,565
Sep 201304104.113.72$15
Aug 201316731104.253.52$17,519
Jul 201317147102.523.72$17,706
Jun 201301494.403.93$55
May 2013170094.834.15$16,121
Apr 2013170093.964.28$15,973
Mar 20131691593.623.91$15,880
Feb 201301791.233.42$58
Jan 20133441891.603.42$31,572
Dec 2012165086.773.42$14,317
Nov 201203386.953.62$120
Oct 201203189.383.40$105
Sep 20121745794.672.92$16,639
Aug 201205292.662.91$151
Jul 20121737485.133.02$14,951
Jun 20123636379.822.52$29,133
May 201233991.612.49$372
Apr 2012427101.652.00$461
Mar 201207105.052.22$16
Feb 20121800101.102.57$18,198
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011167084.983.65$14,192
Sep 201101083.623.99$40
Aug 201134234283.404.15$29,942
Jul 201135248294.144.52$35,315
Jun 201151831992.904.64$49,602
May 201151067798.134.40$53,028
Apr 20114361105.964.33$1,988
Mar 201135537696.364.06$35,733
Feb 2011113585.644.18$650
Jan 201136769986.504.59$34,953
Dec 201071149785.734.35$63,115
Nov 201035549180.843.80$30,562
Oct 2010626378.103.51$1,391
Sep 201070858772.633.98$53,758
Aug 201018120173.684.42$14,224
Jul 201069886072.554.74$54,713
Jun 2010620670.364.91$1,434
May 201035224571.124.24$26,072
Apr 201051933681.694.12$43,782
Mar 201090123578.394.39$71,661
Feb 2010178273.585.44$13,108
Jan 20107145774.365.96$53,433
Dec 200971819071.445.48$52,336
Nov 200989244874.593.75$68,215
Oct 20097137872.544.11$52,042
Sep 200989032565.543.06$59,327
Aug 20090867.423.22$26

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                  116 bbl  × $ 68.96 =     $7,999
Casinghead gas         0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                   $7,999

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/39624 is the state's own key, not one this site invented.