UNIVERSITY 7-27B

Operated by DIAMONDBACK E&P LLC (P-5 217012) 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 39659District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$38.0 M
Jun 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
204
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
OilDisposition424,201 bbl$34,560,835
Casinghead gasProduction940,754 Mcf$3,416,930
Total$37,977,765

Wells on this lease (8)

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 32.3915, -102.1853. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.39142, -102.18527 · 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
62.5%
5 of 8 wells
With a plug date
62.5%
5 of 8 wells
Median depth
11,094 ft
8 wells filed one
Completion to plug
5.6 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
562.5%
A plug date is filed
562.5%
BothOn the schedule and plugged. Neither fact cancels the other.
562.5%
NeitherNo plug date, and not on the schedule.
337.5%

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

Total depth in feet, 8 of 8 wells. Median 11,094 ft, with the middle half between 10,855 and 11,113 ft; the shallowest is 10,202 ft and the deepest 11,119 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Jun 2009 – Mar 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 2009 – Mar 2013
8 of 8 wells
Plug dates filed
May 2016 – Jan 2024
5 of 8 wells; 3 filed none

Last completion to plug: a median of 5.6 years across the 5 wells that filed both dates, with the middle half between 4.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-31738094811,112 ftMar 2013Jan 2024Yes
42-31737957711,107 ftFeb 2013
42-31737955611,115 ftJan 2013Sep 2016Yes
42-31737956511,119 ftJan 2013Aug 2018Yes
42-31736603411,080 ftJul 2011May 2016Yes
42-31736207311,040 ftMay 2011Jun 2022Yes
42-31736052110,300 ftJan 2011
42-31735509210,202 ftJun 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 (204)

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

204 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 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20231085.443.09$85
Sep 20234655289.042.74$5,606
Aug 202318260980.522.67$16,282
Jul 202339074.852.64$2,919
Jun 202369068.962.26$4,758
May 202387070.622.23$6,144
Apr 202325078.122.24$1,953
Mar 2023314,25072.852.39$12,429
Feb 2023522,98275.112.47$11,258
Jan 202381076.533.39$6,199
Dec 202274076.415.73$5,654
Nov 202227085.005.65$2,295
Oct 202229087.185.86$2,528
Sep 20220084.888.16$0
Aug 2022190094.529.13$17,959
Jul 202210101.587.54$102
Jun 202240115.097.98$460
May 202200109.378.43$0
Apr 20221830104.226.84$19,072
Mar 202218741108.885.08$20,569
Feb 20223679191.054.86$33,858
Jan 202236216381.844.54$30,366
Dec 202168920871.323.90$49,951
Nov 2021015777.435.24$822
Oct 20211079.795.71$80
Sep 202160069.865.35$4,192
Aug 202154066.024.22$3,565
Jul 202196070.783.98$6,795
Jun 20210069.493.38$0
May 202149638663.483.02$32,651
Apr 20211,2281,09360.362.76$77,137
Mar 20212541,40761.302.72$19,393
Feb 202161576057.805.55$39,763
Jan 20215381,02750.412.81$30,007
Dec 20205461,03144.642.68$27,132
Nov 20208281,35638.772.71$35,772
Oct 20201,0571,90236.972.48$43,791
Sep 202026486337.091.99$11,510
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201014.751.80$15
Mar 2020150030.341.86$4,551
Feb 202038965949.881.98$20,709
Jan 20206591,23857.252.09$40,321
Dec 20195791,07059.012.30$36,632
Nov 201944086555.302.75$26,711
Oct 201967837653.472.42$37,162
Sep 201960195655.052.66$35,625
Aug 201967476853.112.30$37,566
Jul 20196421,01656.272.46$38,625
Jun 20195611,01952.782.49$32,148
May 201958573358.482.74$36,219
Apr 201971768062.632.75$46,776
Mar 201977560756.803.06$45,879
Feb 201961950650.852.79$32,889
Jan 201983660646.033.23$40,437
Dec 201881359246.594.19$40,355
Nov 201873454252.934.24$41,147
Oct 201883462761.443.40$53,372
Sep 201881385759.543.11$51,070
Aug 20181,0631,07259.403.07$66,430
Jul 20181,1171,11165.142.93$76,019
Jun 201881378760.183.08$51,348
May 201874783865.382.90$51,270
Apr 201876556663.842.90$50,479
Mar 20181,05591161.222.79$67,126
Feb 20188011,27861.782.77$53,021
Jan 201854095762.874.01$37,787
Dec 201761549457.272.92$36,664
Nov 201772886555.423.12$43,043
Oct 20177582,01249.292.98$43,365
Sep 20177134,48647.523.09$47,731
Aug 20176422,63945.373.00$37,056
Jul 20175661,96443.873.09$30,894
Jun 20173441,55142.493.09$19,405
May 20176941,84245.373.26$37,498
Apr 20178252,15047.933.21$46,447
Mar 20171,0983,18546.772.98$60,856
Feb 20172601,18750.452.95$16,622
Jan 20172951,28049.413.42$18,952
Dec 20163501,45248.763.72$22,472
Nov 201626294042.492.64$13,618
Oct 201631392646.193.09$17,319
Sep 20163801,06141.553.10$19,079
Aug 20165481,80541.442.92$27,988
Jul 20161,3073,36441.622.92$64,235
Jun 20161,6894,05845.352.69$87,495
May 20161,1685,04842.521.99$59,714
Apr 20161,5955,70136.561.99$69,664
Mar 20161,8927,22533.011.79$75,417
Feb 20161,9757,87626.472.06$68,531
Jan 20162,3388,30927.352.36$83,590
Dec 20152,5608,31532.362.00$99,483
Nov 20151,7887,45038.792.17$85,503
Oct 20152,97810,20743.552.43$154,460
Sep 20153,23614,20542.992.76$178,299
Aug 20154,27715,81040.162.87$217,178
Jul 20154,16015,10348.152.95$244,784
Jun 20153,96716,18156.152.88$269,395
May 20154,50514,81255.212.96$292,497
Apr 20153,80614,01849.822.71$227,556
Mar 20154,50815,54442.892.93$238,965
Feb 20155,24112,17144.662.98$270,286
Jan 20152,9889,89343.433.10$160,443
Dec 20144,67215,28254.693.59$310,395
Nov 20145,84318,23370.464.25$489,222
Oct 20145,80619,30678.303.90$529,922
Sep 20145,28419,79186.164.05$535,333
Aug 20144,92918,21489.394.04$514,099
Jul 20146,32621,13096.564.18$699,154
Jun 20145,67219,85698.164.74$650,819
May 20146,38119,06794.734.73$694,593
Apr 20147,05021,64995.944.81$780,490
Mar 20148,59010,78195.895.06$878,212
Feb 20148,03620,22997.406.19$907,964
Jan 20148,47022,83090.404.86$876,658
Dec 20139,65726,18391.824.35$1,000,719
Nov 20139,67424,70888.853.74$951,900
Oct 201312,90316,71497.423.78$1,320,178
Sep 201310,69416,515104.113.72$1,174,751
Aug 20139,40116,504104.253.52$1,038,191
Jul 201311,54318,084102.523.72$1,250,620
Jun 201311,59817,58194.403.93$1,164,004
May 201311,43916,10994.834.15$1,151,598
Apr 201311,42213,47293.964.28$1,130,906
Mar 20138,61311,51193.623.91$851,390
Feb 20134,4817,90291.233.42$435,826
Jan 20131,9807,00691.603.42$205,328
Dec 20122,8389,28786.773.42$278,016
Nov 20122,8766,64986.953.62$274,171
Oct 20123,9287,43089.383.40$376,344
Sep 20125,8028,81194.672.92$574,989
Aug 20123,74611,41492.662.91$380,298
Jul 20123,6589,09185.133.02$338,868
Jun 20124,61911,04179.822.52$396,501
May 20124,2368,97091.612.49$410,380
Apr 20124,38910,174101.652.00$466,457
Mar 20123,1929,467105.052.22$356,356
Feb 20124,2308,145101.102.57$448,588
Jan 20125,3539,39398.092.73$550,757
Dec 20115,9248,57796.873.24$601,645
Nov 20115,5898,16895.723.31$562,026
Oct 20115,4689,86484.983.65$500,660
Sep 20115,36810,56083.623.99$490,962
Aug 20116,1779,43383.404.15$554,302
Jul 20116,74610,33894.144.52$681,768
Jun 20116,43411,59392.904.64$651,509
May 20115,3219,31698.134.40$563,185
Apr 20114,0996,697105.964.33$463,350
Mar 20112,9744,63796.364.06$305,389
Feb 20112,0943,30885.644.18$193,158
Jan 20111,3853,05086.504.59$133,798
Dec 20103991,99685.734.35$42,884
Nov 20103792,24180.843.80$39,144
Oct 20105112,60378.103.51$49,043
Sep 20104792,79172.633.98$45,896
Aug 20107842,46973.684.42$68,677
Jul 20101,7502,64972.554.74$139,509
Jun 20101,7653,24670.364.91$140,125
May 20101,7843,15271.124.24$140,227
Apr 20101,6793,23281.694.12$150,482
Mar 20101,9473,80278.394.39$169,311
Feb 20101,9553,84073.585.44$164,748
Jan 20102,4573,74874.365.96$205,056
Dec 20092,7763,02471.445.48$214,900
Nov 20092,3232,10074.593.75$181,151
Oct 20092,7132,32772.544.11$206,366
Sep 20092,8092,64365.543.06$192,202
Aug 20093,6322,92067.423.22$254,267
Jul 20093,6242,42061.133.46$229,919
Jun 200939223766.163.90$26,858

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 2023 — as filed, then multipliedworked
Oil                    1 bbl  × $ 85.44 =        $85
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                      $85

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/39659 is the state's own key, not one this site invented.