UNIVERSITY "7-33"

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 40356District 08Field 85280300OilCasinghead gasSave
Value, all time
$16.1 M
Jul 2010 – Jul 2014
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
49
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition168,120 bbl$15,269,921
Casinghead gasProduction233,532 Mcf$855,231
Total$16,125,152

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 32.3688, -102.2283. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.36740, -102.22957 · 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
0.0%
0 of 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
11,184 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
6100.0%

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

Between 11,079 and 11,456 ft, median 11,184 ft, over the 6 wells that filed a depth.

Completions filed
Jul 2010 – Mar 2026
6 of 6 wells

6 wells

42-00342763511,456 ftMar 2026
42-00342156611,257 ftOct 2012
42-00343450711,452 ftMar 2012
42-00341585411,110 ftNov 2010
42-00341584311,102 ftSep 2010
42-00340820211,079 ftJul 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 (49)

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

49 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20143,1645,35390.404.86$312,045
Dec 20134,3638,34791.824.35$436,958
Nov 20133,7619,15488.853.74$368,385
Oct 20134,2018,46097.423.78$441,235
Sep 20133,9409,231104.113.72$444,512
Aug 20134,4759,512104.253.52$500,026
Jul 20133,9117,318102.523.72$428,162
Jun 20134,2477,67594.403.93$431,106
May 20134,5488,90994.834.15$468,251
Apr 20135,1828,43893.964.28$523,037
Mar 20136,2478,56593.623.91$618,358
Feb 20135,0268,79191.233.42$488,586
Jan 20134,6038,92791.603.42$452,164
Dec 20127,76613,24986.773.42$719,170
Nov 20126,4345,91986.953.62$580,892
Oct 20125,9199,24989.383.40$560,484
Sep 20127,2285,89194.672.92$701,467
Aug 20125,2209,72392.662.91$511,961
Jul 20127,7827,29885.133.02$684,527
Jun 20128,0755,54479.822.52$658,512
May 20125,0473,05891.612.49$469,965
Apr 20122,4903,580101.652.00$260,257
Mar 20121,4001,992105.052.22$151,496
Feb 20121,4641,613101.102.57$152,156
Jan 20121,1871,30298.092.73$119,993
Dec 20111,1441,42296.873.24$115,426
Nov 20111,9542,71795.723.31$196,034
Oct 20113,0845,98884.983.65$283,926
Sep 20114,5047,56983.623.99$406,793
Aug 20113,8463,88483.404.15$336,872
Jul 20112,8551,93894.144.52$277,524
Jun 20112,09199292.904.64$198,857
May 20111,36927898.134.40$135,565
Apr 20112,4991,661105.964.33$271,992
Mar 20114,2993,80496.364.06$429,686
Feb 20113,4952,93585.644.18$311,580
Jan 20115,5834,58786.504.59$503,978
Dec 20105,4286,58685.734.35$493,977
Nov 20101,8622,94680.843.80$161,705
Oct 20102,4194,11178.103.51$203,349
Sep 20102,0022,59972.633.98$155,748
Aug 20101,8502,01173.684.42$145,195
Jul 201015640672.554.74$13,241

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.

Jan 2014 — as filed, then multipliedworked
Oil                3,164 bbl  × $ 90.40 =   $286,026
Casinghead gas     5,353 Mcf  × $  4.86 =    $26,019

────────────────────────────────────────────────────
Month total                                 $312,045

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/40356 is the state's own key, not one this site invented.