UNIVERSITY "7-1"

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 40157District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$27.9 M
Apr 2010 – Dec 2024
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
177
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
OilDisposition356,380 bbl$25,530,201
Casinghead gasProduction731,731 Mcf$2,395,324
Total$27,925,525

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 32.4398, -102.1768. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.43923, -102.17749 · 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
11,251 ft
10 wells filed one
Completion to plug
11.7 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 11,251 ft, with the middle half between 11,189 and 11,310 ft; the shallowest is 11,115 ft and the deepest 11,810 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, Nov 2010 – Sep 2016. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 2010 – Sep 2016
10 of 10 wells
Plug dates filed
Dec 2019 – Mar 2024
10 of 10 wells

Last completion to plug: a median of 11.7 years across the 10 wells that filed both dates, with the middle half between 10.8 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

10 wells

42-31735689111,115 ftSep 2016Mar 2024Yes
42-317382301111,480 ftMar 2013Dec 2023Yes
42-317378351011,810 ftFeb 2013Dec 2023Yes
42-31737637911,318 ftJun 2012Dec 2023Yes
42-31737288811,282 ftMar 2012Dec 2023Yes
42-31736818611,220 ftNov 2011Dec 2023Yes
42-31736817511,284 ftOct 2011Dec 2023Yes
42-31736426411,145 ftJun 2011Dec 2023Yes
42-31736150311,220 ftMar 2011Dec 2023Yes
42-31735954211,179 ftNov 2010Dec 2019Yes

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 (177)

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

177 months

Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20241071.372.28$71
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20242078.082.63$156
May 20243078.812.20$236
Apr 20246084.451.66$507
Mar 202414080.301.55$1,124
Feb 20245076.091.78$380
Jan 202422073.023.30$1,606
Dec 202321071.262.61$1,496
Nov 20230077.892.81$0
Oct 20235085.443.09$427
Sep 202323089.042.74$2,048
Aug 2023469780.522.67$3,963
Jul 202339074.852.64$2,919
Jun 20232828168.962.26$2,566
May 202311844570.622.23$9,324
Apr 20237743478.122.24$6,986
Mar 202314945972.852.39$11,953
Feb 202312536975.112.47$10,299
Jan 202311239276.533.39$9,899
Dec 20228027876.415.73$7,705
Nov 202213612485.005.65$12,260
Oct 20224314187.185.86$4,576
Sep 2022971784.888.16$8,372
Aug 202213710294.529.13$13,880
Jul 20229298101.587.54$10,084
Jun 2022123106115.097.98$15,002
May 2022129124109.378.43$15,154
Apr 2022165146104.226.84$18,195
Mar 2022148133108.885.08$16,789
Feb 202220013391.054.86$18,856
Jan 202224938681.844.54$22,130
Dec 202135366571.323.90$27,769
Nov 202121662177.435.24$19,977
Oct 202140584079.795.71$37,115
Sep 202132591269.865.35$27,585
Aug 20214871,00766.024.22$36,402
Jul 202135089870.783.98$28,349
Jun 20213431,01369.493.38$27,260
May 20213571,67263.483.02$27,708
Apr 202124178760.362.76$16,718
Mar 20217132,98761.302.72$51,822
Feb 20215861,76757.805.55$43,674
Jan 20211,2351,94850.412.81$67,731
Dec 20201,2693,54144.642.68$66,122
Nov 20201,0413,66338.772.71$50,274
Oct 20209313,68536.972.48$43,552
Sep 20201,0893,58337.091.99$47,525
Aug 20201,3414,74939.982.39$64,940
Jul 20201,1003,11238.371.83$47,887
Jun 20207753,20734.901.69$32,468
May 20208852,52716.921.81$19,560
Apr 20201,2423,72514.751.80$25,041
Mar 20201,4794,83030.341.86$53,838
Feb 20201,0714,34649.881.98$62,029
Jan 20201,3223,94857.252.09$83,955
Dec 20191,4264,05159.012.30$93,483
Nov 20191,3194,30855.302.75$84,791
Oct 20191,3444,87353.472.42$83,649
Sep 20191,6614,62355.052.66$103,723
Aug 20191,7464,67853.112.30$103,510
Jul 20191,3684,57556.272.46$88,232
Jun 20191,6844,93052.782.49$101,163
May 20191,9825,09358.482.74$129,864
Apr 20191,8564,28862.632.75$128,036
Mar 20192,0174,19056.803.06$127,396
Feb 20191,8324,45150.852.79$105,585
Jan 20192,1554,53446.033.23$113,831
Dec 20181,6074,75246.594.19$94,759
Nov 20181,9664,59252.934.24$123,518
Oct 20181,9524,61461.443.40$135,610
Sep 20181,9934,82359.543.11$133,653
Aug 20181,5774,41459.403.07$107,210
Jul 20181,8445,31965.142.93$135,713
Jun 20181,9095,58860.183.08$132,077
May 20181,7885,37265.382.90$132,483
Apr 20181,7825,01963.842.90$128,322
Mar 20181,8505,08361.222.79$127,423
Feb 20181,7734,53061.782.77$122,066
Jan 20182,3705,44262.874.01$170,821
Dec 20171,7006,14257.272.92$115,303
Nov 20172,3376,21655.423.12$148,900
Oct 20172,3106,28149.292.98$132,600
Sep 20172,3826,31347.523.09$132,683
Aug 20172,1026,16845.373.00$113,899
Jul 20172,1846,73143.873.09$116,593
Jun 20172,2546,45742.493.09$115,707
May 20172,4316,74445.373.26$132,303
Apr 20172,4536,58647.933.21$138,724
Mar 20172,5436,60846.772.98$138,652
Feb 20172,2565,78050.452.95$130,881
Jan 20172,5676,59549.413.42$149,382
Dec 20162,3756,48248.763.72$139,936
Nov 20162,4615,99542.492.64$120,421
Oct 20162,5136,64046.193.09$136,595
Sep 20162,1526,75641.553.10$110,363
Aug 20162,9739,35641.442.92$150,561
Jul 20162,7039,24041.622.92$139,520
Jun 20162,6768,73845.352.69$144,825
May 20162,9879,18942.521.99$145,303
Apr 20163,0398,11136.561.99$127,255
Mar 20163,2248,03833.011.79$120,844
Feb 20162,7407,64626.472.06$88,306
Jan 20163,3458,61127.352.36$111,845
Dec 20153,5318,89732.362.00$132,070
Nov 20153,7598,31738.792.17$163,837
Oct 20153,4467,51143.552.43$168,299
Sep 20153,5598,55842.992.76$176,608
Aug 20153,5918,81240.162.87$169,527
Jul 20153,5408,71648.152.95$196,120
Jun 20152,8547,15256.152.88$180,870
May 20152,6736,61055.212.96$167,112
Apr 20152,9216,53149.822.71$163,201
Mar 20153,6047,55842.892.93$176,756
Feb 20153,3045,59444.662.98$164,205
Jan 20153,4464,63243.433.10$164,022
Dec 20143,3377,68254.693.59$210,089
Nov 20144,1077,80570.464.25$322,565
Oct 20144,0187,82478.303.90$345,131
Sep 20144,3368,50686.164.05$408,000
Aug 20143,7147,96689.394.04$364,138
Jul 20143,9808,99196.564.18$421,888
Jun 20144,3229,80198.164.74$470,674
May 20144,95410,81294.734.73$520,396
Apr 20145,34710,15795.944.81$561,837
Mar 20145,89310,13995.895.06$616,351
Feb 20144,7788,46797.406.19$517,805
Jan 20145,24911,61890.404.86$530,981
Dec 20135,90210,87791.824.35$589,285
Nov 20135,2879,36688.853.74$504,763
Oct 20135,97010,24897.423.78$620,328
Sep 20135,99810,844104.113.72$664,767
Aug 20136,0238,003104.253.52$656,089
Jul 20136,6308,857102.523.72$712,636
Jun 20135,9257,05394.403.93$587,062
May 20138,0678,72994.834.15$801,211
Apr 20136,7786,88993.964.28$666,364
Mar 20134,4746,76093.623.91$445,307
Feb 20133,2345,21091.233.42$312,856
Jan 20133,3654,29291.603.42$322,912
Dec 20123,0344,82586.773.42$279,762
Nov 20122,6875,73186.953.62$254,409
Oct 20124,5514,25189.383.40$421,220
Sep 20123,2823,19294.672.92$320,022
Aug 20123,8464,77892.662.91$370,266
Jul 20123,6773,75685.133.02$324,369
Jun 20123,9374,82379.822.52$326,401
May 20125,4858,82791.612.49$524,445
Apr 20123,7144,449101.652.00$386,412
Mar 20122,4292,730105.052.22$261,233
Feb 20122,2452,487101.102.57$233,362
Jan 20121,7041,77798.092.73$172,004
Dec 20111,2391,30096.873.24$124,234
Nov 20112,2002,66695.723.31$219,412
Oct 20112,0002,22284.983.65$178,067
Sep 20112,7626,13683.623.99$255,415
Aug 20114,2094,89383.404.15$371,333
Jul 20113,1014,54494.144.52$312,454
Jun 20111,23557892.904.64$117,413
May 201135921398.134.40$36,167
Apr 20111,597749105.964.33$172,464
Mar 20112,8112,52296.364.06$281,101
Feb 20111,17274785.644.18$103,493
Jan 20112,0041,31386.504.59$179,371
Dec 20101,9441,67585.734.35$173,942
Nov 201054890880.843.80$47,746
Oct 201026359478.103.51$22,625
Sep 201029257172.633.98$23,480
Aug 201020855073.684.42$17,756
Jul 201029661672.554.74$24,392
Jun 201029171570.364.91$23,986
May 201028382171.124.24$23,604
Apr 2010012581.694.12$515

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 2024 — as filed, then multipliedworked
Oil                    1 bbl  × $ 71.37 =        $71
Casinghead gas         0 Mcf  × $  2.28 =         $0

────────────────────────────────────────────────────
Month total                                      $71

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/40157 is the state's own key, not one this site invented.