UNIVERSITY 6-40

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 39626District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.7 M
Aug 2009 – Sep 2023
Value, last 12 filed months
$24 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
OilDisposition35,797 bbl$2,530,499
Casinghead gasProduction32,418 Mcf$122,049
Total$2,652,548

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 32.4647, -102.2195. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46467, -102.21952 · 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
10,220 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 10,220 ft.

Completions filed
Aug 2009
1 of 1 wells
Plug dates filed
Nov 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

42-00340736110,220 ftAug 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 (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 2023349068.962.26$24,067
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 20210070.783.98$0
Jun 2021168069.493.38$11,674
May 2021163063.483.02$10,347
Apr 20210060.362.76$0
Mar 2021348061.302.72$21,332
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020338044.642.68$15,088
Nov 2020329038.772.71$12,755
Oct 20200036.972.48$0
Sep 2020329037.091.99$12,203
Aug 20200039.982.39$0
Jul 2020339038.371.83$13,007
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020013114.751.80$236
Mar 20203901230.341.86$11,855
Feb 202001449.881.98$28
Jan 202037223057.252.09$21,779
Dec 201937223859.012.30$22,500
Nov 201939110055.302.75$21,897
Oct 201908953.472.42$215
Sep 20190055.052.66$0
Aug 20190353.112.30$7
Jul 20190056.272.46$0
Jun 201903352.782.49$82
May 20193083958.482.74$18,119
Apr 2019014562.632.75$399
Mar 20193432956.803.06$19,571
Feb 201906250.852.79$173
Jan 20193564346.033.23$16,525
Dec 20180346.594.19$13
Nov 20183454752.934.24$18,460
Oct 201807661.443.40$258
Sep 20183442159.543.11$20,547
Aug 2018345259.403.07$20,499
Jul 201802965.142.93$85
Jun 20183386360.183.08$20,535
May 2018015465.382.90$447
Apr 20183427163.842.90$22,039
Mar 2018013761.222.79$382
Feb 201833711661.782.77$21,141
Jan 201809862.874.01$393
Dec 201703557.272.92$102
Nov 20170255.423.12$6
Oct 201734914249.292.98$17,626
Sep 2017017447.523.09$537
Aug 201732817845.373.00$15,416
Jul 2017018643.873.09$574
Jun 201733817442.493.09$14,899
May 2017017545.373.26$571
Apr 201734616747.933.21$17,120
Mar 201734017746.772.98$16,430
Feb 2017015750.452.95$464
Jan 201733716849.413.42$17,226
Dec 2016017548.763.72$652
Nov 201635118042.492.64$15,390
Oct 2016012546.193.09$386
Sep 201635219541.553.10$15,230
Aug 201633920741.442.92$14,654
Jul 201633420541.622.92$14,501
Jun 201633521945.352.69$15,780
May 2016017842.521.99$354
Apr 201633823936.561.99$12,833
Mar 20163384033.011.79$11,229
Feb 2016010726.472.06$221
Jan 201617020227.352.36$5,127
Dec 201517315232.362.00$5,902
Nov 201517020538.792.17$7,039
Oct 201517020043.552.43$7,889
Sep 201516620742.992.76$7,707
Aug 201517021340.162.87$7,439
Jul 201533917648.152.95$16,841
Jun 201534723056.152.88$20,147
May 201533623755.212.96$19,251
Apr 201517025749.822.71$9,165
Mar 201502742.892.93$79
Feb 20150044.662.98$0
Jan 201505743.433.10$177
Dec 201417227454.693.59$10,391
Nov 201419028270.464.25$14,586
Oct 201418430978.303.90$15,613
Sep 201418331986.164.05$17,058
Aug 201418934189.394.04$18,271
Jul 201436735996.564.18$36,938
Jun 201418430998.164.74$19,525
May 201418429894.734.73$18,839
Apr 201417727795.944.81$18,314
Mar 201433119995.895.06$32,746
Feb 2014017497.406.19$1,077
Jan 201437124690.404.86$34,734
Dec 201317819291.824.35$17,180
Nov 201317628788.853.74$16,710
Oct 201334732897.423.78$35,044
Sep 2013171360104.113.72$19,141
Aug 2013340404104.253.52$36,868
Jul 2013172296102.523.72$18,734
Jun 201317132494.403.93$17,417
May 201334477894.834.15$35,850
Apr 201317344493.964.28$18,157
Mar 201317035693.623.91$17,308
Feb 201334929591.233.42$32,848
Jan 201335219791.603.42$32,917
Dec 201216926186.773.42$15,557
Nov 201250238686.953.62$45,048
Oct 2012012189.383.40$411
Sep 201218023894.672.92$17,735
Aug 201251431492.662.91$48,540
Jul 201217221685.133.02$15,295
Jun 201204779.822.52$118
May 2012118091.612.49$540
Apr 2012352405101.652.00$36,590
Mar 2012343517105.052.22$37,181
Feb 2012188362101.102.57$19,937
Jan 201244348998.092.73$44,791
Dec 201135651096.873.24$36,138
Nov 20111762095.723.31$16,913
Oct 2011359084.983.65$30,508
Sep 2011173183.623.99$14,470
Aug 201134439283.404.15$30,316
Jul 201117134794.144.52$17,665
Jun 201168734292.904.64$65,409
May 201117142198.134.40$18,635
Apr 2011335428105.964.33$37,351
Mar 201135949696.364.06$36,606
Feb 201134645785.644.18$31,542
Jan 201133145786.504.59$30,729
Dec 201034349285.734.35$31,544
Nov 201017448680.843.80$15,911
Oct 201071954578.103.51$58,066
Sep 2010068172.633.98$2,710
Aug 201071762073.684.42$55,569
Jul 201036568472.554.74$29,721
Jun 201053341970.364.91$39,559
May 201037520571.124.24$27,538
Apr 201035833381.694.12$30,618
Mar 201051852878.394.39$42,923
Feb 201054545473.585.44$42,572
Jan 20109121,28074.365.96$75,450
Dec 200954276071.445.48$42,888
Nov 20099041,15874.593.75$71,774
Oct 20091,25919972.544.11$92,146
Sep 20091,25359065.543.06$83,930
Aug 200955117667.423.22$37,715

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                  349 bbl  × $ 68.96 =    $24,067
Casinghead gas         0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                  $24,067

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/39626 is the state's own key, not one this site invented.