UNIVERSITY 5-34

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 40085District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$11.1 M
Apr 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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
OilDisposition136,535 bbl$10,345,175
Casinghead gasProduction231,469 Mcf$756,850
Total$11,102,024

Wells on this lease (6)

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 32.4331, -102.3388. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.43241, -102.33810 · 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
16.7%
1 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
11,350 ft
6 wells filed one
Completion to plug
3.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
116.7%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
583.3%

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 10,400 and 11,360 ft, median 11,350 ft, over the 6 wells that filed a depth.

Completions filed
Apr 2010 – Mar 2012
6 of 6 wells
Plug dates filed
Aug 2015
1 of 6 wells; 5 filed none

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-00343477611,300 ftMar 2012
42-00343269511,350 ftFeb 2012
42-00343016411,350 ftDec 2011
42-00342523311,350 ftSep 2011Aug 2015Yes
42-00342461211,360 ftAug 2011
42-00341307110,400 ftApr 2010

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 (194)

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

194 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 202418075.632.06$1,361
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202440084.451.66$3,378
Mar 2024102080.301.55$8,191
Feb 202475076.091.78$5,707
Jan 2024111073.023.30$8,105
Dec 2023117071.262.61$8,337
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023118080.522.67$9,501
Jul 20230774.852.64$18
Jun 202325914668.962.26$18,190
May 202301070.622.23$22
Apr 202313216578.122.24$10,681
Mar 202321969372.852.39$17,613
Feb 202320037275.112.47$15,939
Jan 202323740776.533.39$19,516
Dec 202221232176.415.73$18,038
Nov 20227934185.005.65$8,640
Oct 202218053687.185.86$18,835
Sep 202221563884.888.16$23,458
Aug 20228818294.529.13$9,979
Jul 202222630101.587.54$23,183
Jun 2022019115.097.98$152
May 20220181109.378.43$1,526
Apr 2022278446104.226.84$32,023
Mar 2022682554108.885.08$77,068
Feb 2022047391.054.86$2,298
Jan 202225721881.844.54$22,022
Dec 2021246171.323.90$17,549
Nov 202150946477.435.24$41,842
Oct 2021072579.795.71$4,143
Sep 202148278869.865.35$37,889
Aug 202133881966.024.22$25,771
Jul 202155880170.783.98$42,685
Jun 202128385369.493.38$22,549
May 202154180563.483.02$36,772
Apr 202154774760.362.76$35,077
Mar 202156788761.302.72$37,167
Feb 202128463657.805.55$19,944
Jan 202157586350.412.81$31,411
Dec 202028790244.642.68$15,225
Nov 202057694638.772.71$24,892
Oct 202051584736.972.48$21,139
Sep 20204921,00037.091.99$20,239
Aug 20208451,03539.982.39$36,252
Jul 20207441,20838.371.83$30,752
Jun 202043352834.901.69$16,004
May 2020054716.921.81$993
Apr 202028880714.751.80$5,704
Mar 202026044030.341.86$8,705
Feb 202061289749.881.98$32,303
Jan 20205931,01457.252.09$36,073
Dec 201960693459.012.30$37,912
Nov 201927470555.302.75$17,091
Oct 201957858853.472.42$32,328
Sep 201957570355.052.66$33,522
Aug 201927867453.112.30$16,318
Jul 201981684856.272.46$48,002
Jun 201925950652.782.49$14,931
May 201954587458.482.74$34,267
Apr 201985275862.632.75$55,446
Mar 20195531,04956.803.06$34,623
Feb 201938696150.852.79$22,311
Jan 201953498046.033.23$27,744
Dec 20185701,04146.594.19$30,913
Nov 201841694552.934.24$26,023
Oct 201846068961.443.40$30,604
Sep 20182951,47459.543.11$22,145
Aug 20185971,77059.403.07$40,890
Jul 20186101,86965.142.93$45,215
Jun 20186291,71860.183.08$43,139
May 20189042,13565.382.90$65,297
Apr 20185821,91963.842.90$42,722
Mar 20185791,88061.222.79$40,686
Feb 20186051,71961.782.77$42,132
Jan 20189001,66562.874.01$63,259
Dec 20178722,06657.272.92$55,975
Nov 20172912,05055.423.12$22,520
Oct 20171,0452,23549.292.98$58,177
Sep 20177482,06447.523.09$41,917
Aug 20178481,67245.373.00$43,497
Jul 20174261,87643.873.09$24,480
Jun 20175081,67842.493.09$26,765
May 20177481,63845.373.26$39,282
Apr 20175101,67947.933.21$29,837
Mar 20177571,76046.772.98$40,656
Feb 20176131,63350.452.95$35,747
Jan 20171,0581,78949.413.42$58,392
Dec 20165481,89548.763.72$33,775
Nov 20168001,33342.492.64$37,517
Oct 20165301,28846.193.09$28,461
Sep 20161,0511,56741.553.10$48,528
Aug 20166141,56241.442.92$30,012
Jul 20168351,60641.622.92$39,449
Jun 20165781,41045.352.69$29,999
May 20167441,91942.521.99$35,456
Apr 20166801,89236.561.99$28,628
Mar 20169631,63433.011.79$34,720
Feb 20167022,00026.472.06$22,709
Jan 20161,3481,87627.352.36$41,303
Dec 20157191,94132.362.00$27,152
Nov 20156471,83538.792.17$29,074
Oct 20155991,12943.552.43$28,826
Sep 20157091,33342.992.76$34,157
Aug 20158991,39640.162.87$40,114
Jul 20152271,74548.152.95$16,069
Jun 20155911,83756.152.88$38,480
May 20159181,82955.212.96$56,088
Apr 20155282,00249.822.71$31,724
Mar 20159702,35442.892.93$48,512
Feb 20159151,67444.662.98$45,846
Jan 20156341,79243.433.10$33,091
Dec 20148891,98054.693.59$55,730
Nov 20148692,38570.464.25$71,370
Oct 20148501,83878.303.90$73,725
Sep 20141,1242,47486.164.05$106,852
Aug 20141,0372,79089.394.04$103,955
Jul 20149252,45896.564.18$99,591
Jun 20147031,96098.164.74$78,291
May 20141,1671,02694.734.73$115,399
Apr 20141,0811,12995.944.81$109,141
Mar 20141,2241,12295.895.06$123,043
Feb 20141,2441,25997.406.19$128,961
Jan 20147811,61590.404.86$78,452
Dec 20131,0711,85291.824.35$106,404
Nov 20131,0141,54188.853.74$95,855
Oct 20131,2101,86797.423.78$124,934
Sep 20131,3282,168104.113.72$146,318
Aug 20131,3071,971104.253.52$143,198
Jul 20131,7561,989102.523.72$187,420
Jun 20132,1902,25894.403.93$215,618
May 20133,2183,29794.834.15$318,842
Apr 20132,1441,52693.964.28$207,985
Mar 20131,3212,07193.623.91$131,776
Feb 20131,6662,13891.233.42$159,301
Jan 20131,6822,76691.603.42$163,531
Dec 20122,2473,32886.773.42$206,354
Nov 20121,6663,87886.953.62$158,916
Oct 20122,3822,79489.383.40$222,402
Sep 20122,5473,80994.672.92$252,241
Aug 20123,4435,34892.662.91$334,581
Jul 20121,9883,48185.133.02$179,754
Jun 20124,3765,48379.822.52$363,104
May 20123,0353,08791.612.49$285,718
Apr 20123,0794,593101.652.00$322,152
Mar 20122,9354,569105.052.22$318,474
Feb 20122,1863,072101.102.57$228,900
Jan 20123,7264,68698.092.73$378,295
Dec 20112,1602,20796.873.24$216,389
Nov 20112,2541,41895.723.31$220,448
Oct 20112,3701,38984.983.65$206,470
Sep 20111,92393383.623.99$164,520
Aug 201135533283.404.15$30,985
Jul 201149155494.144.52$48,725
Jun 201165565092.904.64$63,865
May 20111477698.134.40$14,760
Apr 2011368371105.964.33$40,601
Mar 201170649496.364.06$70,034
Feb 201121612585.644.18$19,021
Jan 201146130086.504.59$41,253
Dec 201056591085.734.35$52,394
Nov 201012553580.843.80$12,136
Oct 20102501,37078.103.51$24,332
Sep 20103571,60672.633.98$32,320
Aug 20105661,67973.684.42$49,123
Jul 20106911,71772.554.74$58,265
Jun 20101,1561,48370.364.91$88,618
May 20101,3121,98371.124.24$101,708
Apr 201003781.694.12$153

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.

Aug 2024 — as filed, then multipliedworked
Oil                   18 bbl  × $ 75.63 =     $1,361
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,361

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/40085 is the state's own key, not one this site invented.