UNIVERSITY "6-43"

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 39857District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$38.6 M
Mar 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
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
OilDisposition499,141 bbl$35,959,198
Casinghead gasProduction783,919 Mcf$2,680,453
Total$38,639,651

Wells on this lease (10)

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 32.4519, -102.1826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.45237, -102.18220 · 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%
10 of 10 wells
With a plug date
100.0%
10 of 10 wells
Median depth
11,227 ft
10 wells filed one
Completion to plug
11.9 years
median over 10 wells

What the state filed about each well

On the RRC proration schedule
10100.0%
A plug date is filed
10100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
10100.0%
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

Total depth in feet, 10 of 10 wells. Median 11,227 ft, with the middle half between 11,160 and 11,368 ft; the shallowest is 11,003 ft and the deepest 12,325 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, 10 of 10 wells, Mar 2010 – Jan 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
Mar 2010 – Jan 2013
10 of 10 wells
Plug dates filed
Nov 2023 – Dec 2023
10 of 10 wells

Last completion to plug: a median of 11.9 years across the 10 wells that filed both dates, with the middle half between 11.4 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.

10 wells

42-317381261111,402 ftJan 2013Nov 2023Yes
42-317379281012,215 ftDec 2012Nov 2023Yes
42-31737631912,325 ftJul 2012Nov 2023Yes
42-31737189811,265 ftMar 2012Nov 2023Yes
42-31737142611,263 ftJan 2012Nov 2023Yes
42-31736148311,003 ftNov 2011Nov 2023Yes
42-31736701511,182 ftAug 2011Nov 2023Yes
42-31736361411,153 ftMay 2011Dec 2023Yes
42-31735953211,190 ftOct 2010Dec 2023Yes
42-31735688111,111 ftMar 2010Nov 2023Yes

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 (195)

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

195 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 20241069.052.20$69
Oct 20243071.372.28$214
Sep 20240069.612.36$0
Aug 20242075.632.06$151
Jul 20244079.932.15$320
Jun 202416078.082.63$1,249
May 202428078.812.20$2,207
Apr 202458084.451.66$4,898
Mar 2024123080.301.55$9,877
Feb 202448076.091.78$3,652
Jan 2024196073.023.30$14,312
Dec 2023163071.262.61$11,615
Nov 20230077.892.81$0
Oct 202342085.443.09$3,588
Sep 202315736989.042.74$14,989
Aug 202318466080.522.67$16,580
Jul 202311757574.852.64$10,276
Jun 20239339768.962.26$7,310
May 20239555170.622.23$7,936
Apr 202318250978.122.24$15,357
Mar 202330950772.852.39$23,724
Feb 202325053775.112.47$20,102
Jan 202340863676.533.39$33,379
Dec 202230468776.415.73$27,165
Nov 202261373485.005.65$56,249
Oct 202221781487.185.86$23,691
Sep 202235071484.888.16$35,537
Aug 202250087994.529.13$55,283
Jul 2022265882101.587.54$33,571
Jun 2022435960115.097.98$57,722
May 20228451,163109.378.43$102,225
Apr 20221,3121,617104.226.84$147,793
Mar 20226691,507108.885.08$80,491
Feb 20227651,20291.054.86$75,494
Jan 20227141,93081.844.54$67,191
Dec 20211,0732,04671.323.90$84,504
Nov 20211,0502,05777.435.24$92,074
Oct 20212,1953,33079.795.71$194,166
Sep 20211,5264,02369.865.35$128,133
Aug 20212,3883,19366.024.22$171,132
Jul 20212,1773,38170.783.98$167,551
Jun 20211,4852,85869.493.38$112,854
May 20211,5632,63463.483.02$107,168
Apr 20211,3181,72360.362.76$84,307
Mar 20212,7313,84061.302.72$177,843
Feb 20211,2702,71057.805.55$88,441
Jan 20212,2054,27250.412.81$123,160
Dec 20201,7814,03444.642.68$90,297
Nov 20201,9573,26238.772.71$84,702
Oct 20201,9554,86636.972.48$84,336
Sep 20201,8853,69837.091.99$77,278
Aug 20201,6763,92039.982.39$76,356
Jul 20201,0821,99338.371.83$45,154
Jun 20206132,18934.901.69$25,094
May 20208201,50116.921.81$16,598
Apr 20201,5722,95514.751.80$28,519
Mar 20202,5424,88130.341.86$86,185
Feb 20202,4014,01849.881.98$127,720
Jan 20202,6813,77157.252.09$161,387
Dec 20192,9435,61859.012.30$186,612
Nov 20193,1845,87655.302.75$192,238
Oct 20192,7705,25753.472.42$160,826
Sep 20192,8765,47055.052.66$172,859
Aug 20193,5215,80653.112.30$200,379
Jul 20192,4784,65756.272.46$150,894
Jun 20192,6794,27652.782.49$152,050
May 20192,9744,76158.482.74$186,966
Apr 20192,7484,95062.632.75$185,723
Mar 20192,6844,67356.803.06$166,760
Feb 20192,6124,45550.852.79$145,260
Jan 20192,8473,94946.033.23$143,795
Dec 20182,4474,13546.594.19$131,313
Nov 20182,8223,96952.934.24$166,186
Oct 20182,7754,18261.443.40$184,707
Sep 20183,3954,56759.543.11$216,333
Aug 20182,1223,09159.403.07$135,526
Jul 20182,3723,82865.142.93$165,735
Jun 20182,5954,23560.183.08$169,198
May 20182,2584,24565.382.90$159,942
Apr 20182,2303,47163.842.90$152,432
Mar 20182,9504,37061.222.79$192,777
Feb 20182,8033,95161.782.77$184,098
Jan 20183,2124,29662.874.01$219,162
Dec 20172,9675,03957.272.92$184,642
Nov 20173,5565,20355.423.12$213,298
Oct 20172,9024,96049.292.98$157,839
Sep 20173,3605,15147.523.09$175,570
Aug 20173,0544,86445.373.00$153,173
Jul 20173,0165,31943.873.09$148,733
Jun 20173,3645,42342.493.09$159,679
May 20173,5225,50645.373.26$177,761
Apr 20173,4715,54247.933.21$184,164
Mar 20173,5075,59546.772.98$180,716
Feb 20172,7834,55350.452.95$153,846
Jan 20173,2285,25749.413.42$177,468
Dec 20163,1515,99648.763.72$175,965
Nov 20162,5385,69242.492.64$122,891
Oct 20162,5685,50646.193.09$135,631
Sep 20162,7686,45341.553.10$135,019
Aug 20163,3378,09341.442.92$161,952
Jul 20163,6668,87241.622.92$178,524
Jun 20163,4657,65045.352.69$177,684
May 20163,3657,18842.521.99$157,391
Apr 20163,7487,52736.561.99$152,013
Mar 20163,8137,22733.011.79$138,832
Feb 20163,4275,89026.472.06$102,867
Jan 20163,6617,14927.352.36$117,031
Dec 20154,1257,46732.362.00$148,430
Nov 20154,1547,43838.792.17$177,254
Oct 20153,9617,55343.552.43$190,830
Sep 20153,2417,05642.992.76$158,794
Aug 20153,3887,51340.162.87$157,643
Jul 20152,9916,69148.152.95$163,722
Jun 20152,8596,85456.152.88$180,292
May 20153,4478,01755.212.96$214,003
Apr 20153,1596,04049.822.71$173,729
Mar 20154,1437,56442.892.93$199,891
Feb 20154,0616,77244.662.98$201,519
Jan 20154,1557,03443.433.10$202,261
Dec 20144,1437,75954.693.59$254,446
Nov 20144,3378,52370.464.25$341,823
Oct 20144,9849,82078.303.90$428,555
Sep 20145,2629,49086.164.05$491,765
Aug 20144,9899,04789.394.04$482,472
Jul 20145,1019,86796.564.18$533,793
Jun 20145,0769,22498.164.74$541,953
May 20145,37210,11394.734.73$556,689
Apr 20145,90210,50095.944.81$616,734
Mar 20146,5639,95495.895.06$679,661
Feb 20145,0817,96897.406.19$544,227
Jan 20146,82910,44890.404.86$668,126
Dec 20136,54110,32291.824.35$645,542
Nov 20136,4409,82388.853.74$608,915
Oct 20138,03711,62497.423.78$826,896
Sep 20137,43911,427104.113.72$816,957
Aug 20137,73111,278104.253.52$845,685
Jul 20137,93610,092102.523.72$851,118
Jun 20139,12814,87294.403.93$920,181
May 201311,35915,61394.834.15$1,141,954
Apr 20138,80510,94693.964.28$874,195
Mar 201310,91816,06893.623.91$1,085,015
Feb 20137,7799,53191.233.42$742,273
Jan 20134,5015,15791.603.42$429,928
Dec 20123,4534,47186.773.42$314,908
Nov 20122,9754,21886.953.62$273,966
Oct 20125,1515,34989.383.40$478,581
Sep 20125,0913,99994.672.92$493,636
Aug 20125,2534,84292.662.91$500,824
Jul 20124,0775,20485.133.02$362,795
Jun 20125,7036,43679.822.52$471,426
May 201210,8424,80191.612.49$1,005,182
Apr 20124,3553,399101.652.00$449,473
Mar 20123,4612,400105.052.22$368,911
Feb 20122,6892,355101.102.57$277,911
Jan 20121,9331,93798.092.73$194,904
Dec 20111,7162,01996.873.24$172,770
Nov 20112,5532,94795.723.31$254,132
Oct 20112,4383,87784.983.65$221,327
Sep 20112,6194,75483.623.99$237,949
Aug 20113,6414,15883.404.15$320,912
Jul 20114,0974,94494.144.52$408,025
Jun 20112,3221,81992.904.64$224,154
May 201152182398.134.40$54,751
Apr 20111,7012,433105.964.33$190,781
Mar 20112,0872,62196.364.06$211,738
Feb 20111,4742,11585.644.18$135,074
Jan 20112,9882,75986.504.59$271,122
Dec 20102,9992,13485.734.35$266,382
Nov 20102,2621,97780.843.80$190,363
Oct 20101,1271,08178.103.51$91,812
Sep 20101,1541,18472.633.98$88,527
Aug 20108931,43973.684.42$72,156
Jul 20101,5021,08372.554.74$114,100
Jun 20101,8401,71870.364.91$137,898
May 20102,9172,74871.124.24$219,095
Apr 20101,4181,41481.694.12$121,666
Mar 2010426878.394.39$1,490

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.

Nov 2024 — as filed, then multipliedworked
Oil                    1 bbl  × $ 69.05 =        $69
Casinghead gas         0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                      $69

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/39857 is the state's own key, not one this site invented.