UNIVERSITY 6-1

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 40448District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.5 M
Jul 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
191
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
OilDisposition115,634 bbl$9,050,401
Casinghead gasProduction146,297 Mcf$488,949
Total$9,539,350

Every month this lease reported (191)

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

191 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 20240075.632.06$0
Jul 202477079.932.15$6,155
Jun 2024714278.082.63$5,654
May 20249812278.812.20$7,992
Apr 20241288784.451.66$10,954
Mar 202410718080.301.55$8,870
Feb 20241364976.091.78$10,436
Jan 202440835473.023.30$30,960
Dec 202361327771.262.61$44,406
Nov 202314520977.892.81$11,881
Oct 2023518985.443.09$4,632
Sep 20235010789.042.74$4,745
Aug 2023446680.522.67$3,719
Jul 2023362674.852.64$2,763
Jun 2023693068.962.26$4,826
May 2023535070.622.23$3,854
Apr 2023646478.122.24$5,143
Mar 2023642272.852.39$4,715
Feb 202381075.112.47$626
Jan 202325376.533.39$1,923
Dec 2022655376.415.73$5,270
Nov 20224310185.005.65$4,225
Oct 20224610787.185.86$4,638
Sep 2022806084.888.16$7,280
Aug 2022659494.529.13$7,002
Jul 20225959101.587.54$6,438
Jun 202256135115.097.98$7,522
May 20228588109.378.43$10,039
Apr 20228585104.226.84$9,440
Mar 202212497108.885.08$13,994
Feb 202213511591.054.86$12,851
Jan 202212824981.844.54$11,605
Dec 202117521271.323.90$13,308
Nov 202113518077.435.24$11,396
Oct 202117314079.795.71$14,604
Sep 202116223469.865.35$12,569
Aug 202137938666.024.22$26,651
Jul 202113844370.783.98$11,532
Jun 202125439569.493.38$18,986
May 202127131863.483.02$18,163
Apr 202123037160.362.76$14,906
Mar 202145939361.302.72$29,204
Feb 202112822457.805.55$8,641
Jan 202114120150.412.81$7,673
Dec 202021533044.642.68$10,481
Nov 202023145838.772.71$10,195
Oct 202023949836.972.48$10,070
Sep 202023852237.091.99$9,867
Aug 202025557439.982.39$11,564
Jul 202021350438.371.83$9,093
Jun 202027149634.901.69$10,296
May 202023851716.921.81$4,965
Apr 202022952514.751.80$4,325
Mar 202032062930.341.86$10,876
Feb 202020951649.881.98$11,447
Jan 202022357857.252.09$13,978
Dec 201933254259.012.30$20,840
Nov 201928561655.302.75$17,455
Oct 201926765253.472.42$15,853
Sep 201925866555.052.66$15,970
Aug 201924575653.112.30$14,754
Jul 20192131,20656.272.46$14,952
Jun 201930480852.782.49$18,058
May 201935060358.482.74$22,120
Apr 201936199562.632.75$25,346
Mar 20194591,18656.803.06$29,703
Feb 20193461,10350.852.79$20,674
Jan 20192661,33246.033.23$16,544
Dec 201816586446.594.19$11,304
Nov 201816433452.934.24$10,096
Oct 201818277261.443.40$13,805
Sep 201814993559.543.11$11,777
Aug 20182281,12759.403.07$16,999
Jul 20181551,03965.142.93$13,143
Jun 20181771,21560.183.08$14,390
May 20182311,20765.382.90$18,604
Apr 20181381,01163.842.90$11,743
Mar 20181431,14461.222.79$11,943
Feb 20181441,02161.782.77$11,721
Jan 201826090062.874.01$19,955
Dec 201721791057.272.92$15,086
Nov 201717587255.423.12$12,418
Oct 201724894449.292.98$15,041
Sep 20174211,05547.523.09$23,263
Aug 201722889445.373.00$13,030
Jul 201719689443.873.09$11,359
Jun 201720081942.493.09$11,026
May 201733689445.373.26$18,162
Apr 201746861547.933.21$24,406
Mar 20174652,18046.772.98$28,252
Feb 20174251,70950.452.95$26,487
Jan 201757869149.413.42$30,921
Dec 201650772448.763.72$27,417
Nov 201656186342.492.64$26,119
Oct 201688684846.193.09$43,545
Sep 201656075541.553.10$25,609
Aug 201684385241.442.92$37,425
Jul 201696659341.622.92$41,939
Jun 20161,11144645.352.69$51,582
May 20161,07391942.521.99$47,454
Apr 201633664136.561.99$13,560
Mar 201637766033.011.79$13,629
Feb 201657454226.472.06$16,312
Jan 201650770327.352.36$15,529
Dec 201552696832.362.00$18,959
Nov 201524093738.792.17$11,340
Oct 201573095043.552.43$34,097
Sep 20151,1551,09042.992.76$52,660
Aug 20151,14294340.162.87$48,571
Jul 20156381,59148.152.95$35,405
Jun 20157721,45956.152.88$47,554
May 20158991,56455.212.96$54,256
Apr 20155921,46449.822.71$33,456
Mar 20151,9422,23342.892.93$89,846
Feb 20151,0341,76444.662.98$51,428
Jan 20159061,38643.433.10$43,645
Dec 20149251,04754.693.59$54,348
Nov 20141,01577170.464.25$74,795
Oct 20141,10899378.303.90$90,630
Sep 20149151,05186.164.05$83,088
Aug 20141,2521,26089.394.04$117,001
Jul 20141,7671,92096.564.18$178,646
Jun 20142,3152,21798.164.74$237,742
May 20141,6431,92394.734.73$164,731
Apr 20142,0561,90895.944.81$206,428
Mar 20142,0681,57495.895.06$206,260
Feb 20141,2601,36697.406.19$131,182
Jan 20141,3681,87790.404.86$132,791
Dec 20131,0231,35091.824.35$99,810
Nov 20138531,27288.853.74$80,544
Oct 20138842,00997.423.78$93,712
Sep 20131,3421,776104.113.72$146,318
Aug 20131,8592,028104.253.52$200,945
Jul 20131,8821,980102.523.72$200,304
Jun 20132,7663,38794.403.93$274,433
May 20131,5191,83494.834.15$151,656
Apr 20131,2921,02493.964.28$125,782
Mar 20131,3951,32393.623.91$135,777
Feb 20131,1551,14991.233.42$109,300
Jan 20131,6701,22691.603.42$157,165
Dec 20121,9481,94986.773.42$175,694
Nov 20122,5503,52286.953.62$234,490
Oct 20122,6072,84689.383.40$242,689
Sep 20121,9062,59494.672.92$188,011
Aug 20122,7713,16992.662.91$265,977
Jul 20123,1573,02785.133.02$277,899
Jun 20121,7581,48279.822.52$144,057
May 20121,3431,76591.612.49$127,424
Apr 20121,6831,691101.652.00$174,454
Mar 20121,6211,524105.052.22$173,673
Feb 20121,2831,114101.102.57$132,575
Jan 20121,10778298.092.73$110,724
Dec 201180957296.873.24$80,221
Nov 201175567095.723.31$74,487
Oct 201173528984.983.65$63,515
Sep 20111,84149683.623.99$155,921
Aug 20111,07280283.404.15$92,733
Jul 20111,3841,52694.144.52$137,183
Jun 20111,33091892.904.64$127,816
May 20112,03891898.134.40$204,033
Apr 20111,228918105.964.33$134,097
Mar 20111,12027396.364.06$109,031
Feb 201169537485.644.18$61,083
Jan 20111,03459986.504.59$92,190
Dec 20101,41467885.734.35$124,170
Nov 20101,35269380.843.80$111,926
Oct 20101,40270678.103.51$111,973
Sep 20108163472.633.98$59,401
Aug 20101432273.684.42$10,633
Jul 20100072.554.74$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.

Jul 2024 — as filed, then multipliedworked
Oil                   77 bbl  × $ 79.93 =     $6,155
Casinghead gas         0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                   $6,155

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/40448 is the state's own key, not one this site invented.