UNIVERSITY "7-41"

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 40421District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$16.7 M
Aug 2010 – Jul 2014
Value, last 12 filed months
$4.5 M
at the published price for each month
Months reported
48
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
OilDisposition164,853 bbl$15,238,885
Casinghead gasProduction387,734 Mcf$1,431,438
Total$16,670,322

Wells on this lease (8)

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 32.3375, -102.2152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.33886, -102.21692 · 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
12.5%
1 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
11,715 ft
8 wells filed one
Completion to plug
7.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
112.5%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
NeitherNo plug date, and not on the schedule.
787.5%

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, 8 of 8 wells. Median 11,715 ft, with the middle half between 11,117 and 11,943 ft; the shallowest is 11,103 ft and the deepest 11,958 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, 8 of 8 wells, Aug 2010 – Dec 2012. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 2010 – Dec 2012
8 of 8 wells
Plug dates filed
Dec 2019
1 of 8 wells; 7 filed none

Last completion to plug: a median of 7.3 years across the 1 well that filed both dates, with the middle half between 7.3 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-00344045711,930 ftDec 2012
42-00344046811,958 ftOct 2012
42-31737279411,499 ftOct 2012
42-00342762311,119 ftAug 2012Dec 2019Yes
42-00343697511,940 ftJul 2012
42-00343699611,950 ftJun 2012
42-00341558211,111 ftMay 2011
42-31735825111,103 ftAug 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 (48)

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

48 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 20146,80517,14790.404.86$698,519
Dec 20136,76417,16291.824.35$695,802
Nov 20136,54616,73988.853.74$644,187
Oct 20137,46319,18097.423.78$799,534
Sep 20137,39319,789104.113.72$843,256
Aug 20137,19917,948104.253.52$813,720
Jul 20136,33119,646102.523.72$722,093
Jun 20139,74623,82394.403.93$1,013,728
May 201311,75525,46594.834.15$1,220,383
Apr 20135,31115,33093.964.28$564,674
Mar 20136,75116,31593.623.91$695,867
Feb 20136,77016,47991.233.42$673,984
Jan 20136,18316,51491.603.42$622,839
Dec 20127,37818,88186.773.42$704,765
Nov 20129,49621,19986.953.62$902,523
Oct 20126,86216,42089.383.40$669,148
Sep 20122,81411,10194.672.92$298,799
Aug 20123,31315,98192.662.91$353,458
Jul 20122,37710,93785.133.02$235,393
Jun 20123,5418,08179.822.52$302,999
May 20121,6013,11091.612.49$154,406
Apr 20121,0212,661101.652.00$109,098
Mar 20128781,488105.052.22$95,540
Feb 20121,4011,829101.102.57$146,342
Jan 20121,0501,93798.092.73$108,290
Dec 20111,2571,40796.873.24$126,324
Nov 20111,6682,05595.723.31$166,466
Oct 20111,8112,83784.983.65$164,250
Sep 20112,4303,84783.623.99$218,530
Aug 20112,3973,47683.404.15$214,333
Jul 20112,1652,56094.144.52$215,377
Jun 20111,4531,51892.904.64$142,027
May 201172355398.134.40$73,384
Apr 2011693932105.964.33$77,469
Mar 20111,6431,23096.364.06$163,310
Feb 20111,30094385.644.18$115,274
Jan 20112,3562,40486.504.59$214,825
Dec 20101,6861,82785.734.35$152,484
Nov 20102,9852,78780.843.80$251,885
Oct 20102,2192,22278.103.51$181,101
Sep 20101,1891,47172.633.98$92,211
Aug 201012950373.684.42$11,728

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                6,805 bbl  × $ 90.40 =   $615,172
Casinghead gas    17,147 Mcf  × $  4.86 =    $83,347

────────────────────────────────────────────────────
Month total                                 $698,519

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/40421 is the state's own key, not one this site invented.