UNIVERSITY 6-23

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 40255District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$7.0 M
Jun 2010 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
192
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
OilDisposition83,928 bbl$6,584,259
Casinghead gasProduction122,878 Mcf$432,161
Total$7,016,420

Wells on this lease (7)

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 32.4753, -102.2781. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.47535, -102.27897 · 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
14.3%
1 of 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
11,358 ft
7 wells filed one
Completion to plug
6.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
114.3%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
114.3%
NeitherNo plug date, and not on the schedule.
685.7%

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 11,254 and 11,550 ft, median 11,358 ft, over the 7 wells that filed a depth.

Completions filed
May 2012 – Mar 2018
7 of 7 wells
Plug dates filed
Aug 2020
1 of 7 wells; 6 filed none

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-00341826511,254 ftMar 2018
42-00343330811,342 ftApr 2014Aug 2020Yes
42-00341738611,303 ftApr 2014
42-00344359111,379 ftJul 2013
42-00342574911,358 ftJul 2013
42-00343096311,358 ftJun 2013
42-00341442411,550 ftMay 2012

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 (192)

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

192 months

May 2026108106106.413.05$11,815
Apr 202611515998.932.87$11,833
Mar 20263414589.753.15$3,508
Feb 20268624363.503.75$6,372
Jan 20269935359.138.00$8,677
Dec 20256822056.664.41$4,824
Nov 202512232758.593.93$8,432
Oct 202511143559.383.30$8,029
Sep 202511424462.743.08$7,903
Aug 2025637063.933.01$4,239
Jul 2025503466.743.32$3,450
Jun 2025717266.483.13$4,945
May 2025874860.553.23$5,423
Apr 2025794962.363.54$5,100
Mar 2025382567.704.27$2,679
Feb 2025215270.884.34$1,714
Jan 20252412374.324.28$2,310
Dec 202411119468.993.12$8,263
Nov 202413616069.052.20$9,743
Oct 20246723271.372.28$5,311
Sep 20248511669.612.36$6,191
Aug 202415825575.632.06$12,476
Jul 202425933879.932.15$21,427
Jun 20247836878.082.63$7,060
May 20248642178.812.20$7,703
Apr 20247528484.451.66$6,805
Mar 202412016380.301.55$9,888
Feb 20246633176.091.78$5,612
Jan 202410341873.023.30$8,899
Dec 20238738871.262.61$7,213
Nov 20239736077.892.81$8,566
Oct 202310751285.443.09$10,723
Sep 20233612989.042.74$3,558
Aug 2023497680.522.67$4,149
Jul 202322230974.852.64$17,433
Jun 202317425068.962.26$12,564
May 202317828370.622.23$13,201
Apr 202322524678.122.24$18,127
Mar 202322521972.852.39$16,915
Feb 202320115575.112.47$15,479
Jan 202322524876.533.39$18,059
Dec 202230625776.415.73$24,854
Nov 202222928085.005.65$21,046
Oct 202228834987.185.86$27,154
Sep 202225931984.888.16$24,588
Aug 202227432694.529.13$28,874
Jul 2022268333101.587.54$29,735
Jun 2022186317115.097.98$23,936
May 2022255284109.378.43$30,284
Apr 2022282279104.226.84$31,298
Mar 2022283292108.885.08$32,295
Feb 202223028391.054.86$22,317
Jan 202228429181.844.54$24,563
Dec 202128633771.323.90$21,712
Nov 202131339777.435.24$26,315
Oct 202129246679.795.71$25,961
Sep 202135136669.865.35$26,479
Aug 202148228766.024.22$33,033
Jul 202144945970.783.98$33,608
Jun 202122069.493.38$1,529
May 202128020963.483.02$18,405
Apr 202130416360.362.76$18,799
Mar 202137217061.302.72$23,265
Feb 202132423057.805.55$20,003
Jan 202138124050.412.81$19,881
Dec 202038624544.642.68$17,887
Nov 202040623338.772.71$16,371
Oct 202034828436.972.48$13,569
Sep 202031828837.091.99$12,368
Aug 202038431139.982.39$16,094
Jul 202034232238.371.83$13,710
Jun 202015826434.901.69$5,960
May 202026228416.921.81$4,948
Apr 202021821914.751.80$3,611
Mar 202016613030.341.86$5,278
Feb 202016612249.881.98$8,522
Jan 202027811557.252.09$16,156
Dec 201931330259.012.30$19,166
Nov 201929040155.302.75$17,140
Oct 201919030053.472.42$10,885
Sep 201945531855.052.66$25,893
Aug 201939445253.112.30$21,967
Jul 201934037656.272.46$20,057
Jun 201940830252.782.49$22,287
May 201941138358.482.74$25,085
Apr 201936944662.632.75$24,337
Mar 201935943356.803.06$21,717
Feb 201921420550.852.79$11,454
Jan 201929531246.033.23$14,586
Dec 201832629046.594.19$16,402
Nov 201834613352.934.24$18,877
Oct 201831726061.443.40$20,360
Sep 201848712959.543.11$29,397
Aug 2018567559.403.07$33,695
Jul 201898765.142.93$6,404
Jun 20186313460.183.08$4,204
May 20187714365.382.90$5,449
Apr 201814215363.842.90$9,509
Mar 201815916761.222.79$10,199
Feb 20181108861.782.77$7,039
Jan 201814411262.874.01$9,502
Dec 20171528857.272.92$8,962
Nov 20171206455.423.12$6,850
Oct 201717112449.292.98$8,799
Sep 20171256947.523.09$6,153
Aug 20171507545.373.00$7,031
Jul 201719010843.873.09$8,669
Jun 20171849842.493.09$8,121
May 201720010245.373.26$9,407
Apr 20171889247.933.21$9,306
Mar 20172139446.772.98$10,242
Feb 201716510250.452.95$8,625
Jan 20171219449.413.42$6,300
Dec 201622431648.763.72$12,099
Nov 201624147542.492.64$11,496
Oct 201614326246.193.09$7,415
Sep 201620827141.553.10$9,483
Aug 201628439841.442.92$12,933
Jul 201632440141.622.92$14,658
Jun 201630829545.352.69$14,760
May 201630935942.521.99$13,853
Apr 201630649136.561.99$12,165
Mar 201625472933.011.79$9,692
Feb 201623947226.472.06$7,300
Jan 201629161927.352.36$9,422
Dec 201526953632.362.00$9,778
Nov 201532778438.792.17$14,384
Oct 201537571543.552.43$18,066
Sep 201527880142.992.76$14,161
Aug 201535985040.162.87$16,859
Jul 20154291,46148.152.95$24,959
Jun 20155101,47356.152.88$32,883
May 20156221,60755.212.96$39,090
Apr 20156011,86349.822.71$34,984
Mar 20155741,77042.892.93$29,813
Feb 20155291,91244.662.98$29,316
Jan 20155081,35043.433.10$26,248
Dec 20146001,76454.693.59$39,149
Nov 20147541,97770.464.25$61,533
Oct 20147252,08578.303.90$64,901
Sep 20147742,08586.164.05$75,123
Aug 20148271,92389.394.04$81,685
Jul 20146951,72796.564.18$74,327
Jun 20147981,40198.164.74$84,968
May 201458899094.734.73$60,381
Apr 201434163895.944.81$35,784
Mar 20144931,09795.895.06$52,821
Feb 20144481,10297.406.19$50,459
Jan 201455568990.404.86$53,521
Dec 20136971,39791.824.35$70,082
Nov 20138421,76388.853.74$81,402
Oct 20131,0122,01697.423.78$106,208
Sep 20138351,336104.113.72$91,899
Aug 20137181,104104.253.52$78,740
Jul 20138521,267102.523.72$92,057
Jun 20136301,07994.403.93$63,716
May 20137831,24194.834.15$79,401
Apr 20138531,32693.964.28$85,827
Mar 20131,3011,83793.623.91$128,988
Feb 20131,3371,45891.233.42$126,961
Jan 20131,4931,50391.603.42$141,899
Dec 20121,6741,83586.773.42$151,529
Nov 20121,1311,56886.953.62$104,024
Oct 20121,5702,17289.383.40$147,711
Sep 20121,4872,36994.672.92$147,688
Aug 20127682,06192.662.91$77,157
Jul 20128671,65385.133.02$78,801
Jun 20127311,13179.822.52$61,197
May 20121,1011,50491.612.49$104,605
Apr 20121,0841,923101.652.00$114,028
Mar 20121,7172,418105.052.22$185,744
Feb 20122,0631,401101.102.57$212,170
Jan 20121,4901,62798.092.73$150,602
Dec 20111,1611,21296.873.24$116,393
Nov 20111,0081,89895.723.31$102,771
Oct 20111,0591,92284.983.65$97,006
Sep 20111,2603,29083.623.99$118,474
Aug 20111,7892,68183.404.15$160,327
Jul 20111,1782,14894.144.52$120,600
Jun 201134846892.904.64$34,501
May 20111,00459098.134.40$101,121
Apr 2011977518105.964.33$105,768
Mar 20111,00847596.364.06$99,058
Feb 20111,35876185.644.18$119,480
Jan 20111,13078286.504.59$101,333
Dec 201080782385.734.35$72,762
Nov 20101,04684980.843.80$87,781
Oct 201098483778.103.51$79,787
Sep 201092073672.633.98$69,748
Aug 2010033873.684.42$1,494
Jul 20100172.554.74$5
Jun 20100070.364.91$0

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.

May 2026 — as filed, then multipliedworked
Oil                  108 bbl  × $106.41 =    $11,492
Casinghead gas       106 Mcf  × $  3.05 =       $323

────────────────────────────────────────────────────
Month total                                  $11,815

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/40255 is the state's own key, not one this site invented.