UNIVERSITY "7-39"

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 40530District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$17.5 M
Aug 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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
OilDisposition216,761 bbl$15,837,151
Casinghead gasProduction506,878 Mcf$1,619,147
Total$17,456,298

Wells on this lease (4)

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 32.3615, -102.2060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.36189, -102.20640 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
11,233 ft
4 wells filed one
Completion to plug
11.8 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 11,113 and 11,420 ft, median 11,233 ft, over the 4 wells that filed a depth.

Completions filed
Aug 2010 – Nov 2023
4 of 4 wells
Plug dates filed
Jan 2024
4 of 4 wells

Last completion to plug: a median of 11.8 years across the 4 wells that filed both dates, with the middle half between 8.8 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-31736558111,230 ftNov 2023Jan 2024Yes
42-31736742211,420 ftMay 2012Jan 2024Yes
42-00342482311,236 ftMar 2012Jan 2024Yes
42-31735824411,113 ftAug 2010Jan 2024Yes

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 (190)

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

190 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 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202301,04575.112.47$2,577
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20224084.888.16$340
Aug 20223094.529.13$284
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202117069.865.35$1,188
Aug 202121066.024.22$1,386
Jul 202129070.783.98$2,053
Jun 202111810569.493.38$8,555
May 20211737963.483.02$11,220
Apr 202165060.362.76$3,923
Mar 20211405361.302.72$8,726
Feb 202115019557.805.55$9,752
Jan 20214851,20150.412.81$27,824
Dec 20204991,59544.642.68$26,543
Nov 20205831,21138.772.71$25,881
Oct 20206091,48336.972.48$26,190
Sep 20207072,48437.091.99$31,168
Aug 20205502,60339.982.39$28,197
Jul 202021332738.371.83$8,770
Jun 20202381,01234.901.69$10,017
May 20201491,02116.921.81$4,374
Apr 20204661,67314.751.80$9,892
Mar 20206112,11830.341.86$22,469
Feb 20206692,31849.881.98$37,961
Jan 20209282,92457.252.09$59,253
Dec 20199802,97859.012.30$64,692
Nov 20198432,00855.302.75$52,141
Oct 20197161,11053.472.42$40,969
Sep 20198902,90555.052.66$56,714
Aug 20197812,71953.112.30$47,744
Jul 20199123,25656.272.46$59,328
Jun 20198072,84652.782.49$49,683
May 20199783,10958.482.74$65,713
Apr 20191,0663,16262.632.75$75,461
Mar 20199763,14656.803.06$65,070
Feb 20198612,99250.852.79$52,136
Jan 20199343,16446.033.23$53,206
Dec 20181,0533,34246.594.19$63,047
Nov 20188552,27752.934.24$54,903
Oct 20188663,14461.443.40$63,891
Sep 20181,0203,44859.543.11$71,447
Aug 20189193,40359.403.07$65,024
Jul 20189873,84065.142.93$75,552
Jun 20189913,71460.183.08$71,066
May 20181,0443,83465.382.90$79,378
Apr 20181,1103,81863.842.90$81,938
Mar 20181,1523,91461.222.79$81,433
Feb 20181,0113,29061.782.77$71,560
Jan 20181,1113,58662.874.01$84,226
Dec 20171,1384,08857.272.92$77,116
Nov 20171,1533,93455.423.12$76,167
Oct 20171,1424,69949.292.98$70,309
Sep 20171,1214,73647.523.09$67,891
Aug 20171,0673,73145.373.00$59,619
Jul 20177632,57943.873.09$41,435
Jun 20178862,99642.493.09$46,896
May 20171,1273,99345.373.26$64,163
Apr 20171,1554,27847.933.21$69,098
Mar 20171,2234,75946.772.98$71,399
Feb 20171,3844,67250.452.95$83,617
Jan 20171,2725,12749.413.42$80,378
Dec 20161,4835,33948.763.72$92,187
Nov 20161,3695,47342.492.64$72,641
Oct 20161,4805,90646.193.09$86,612
Sep 20161,5876,23841.553.10$85,282
Aug 20161,6795,97341.442.92$87,045
Jul 20161,7446,37541.622.92$91,228
Jun 20161,3905,34645.352.69$77,395
May 20161,6856,52542.521.99$84,638
Apr 20161,6605,68336.561.99$72,005
Mar 20161,4976,75333.011.79$61,531
Feb 20162,0568,62526.472.06$72,221
Jan 20161,9456,52027.352.36$68,611
Dec 20151,8456,19432.362.00$72,101
Nov 20151,7126,41138.792.17$80,303
Oct 20151,5636,59143.552.43$84,062
Sep 20151,7777,50842.992.76$97,103
Aug 20151,8227,68640.162.87$95,249
Jul 20151,8937,84848.152.95$114,261
Jun 20152,0737,39656.152.88$137,721
May 20152,1457,37155.212.96$140,210
Apr 20151,9646,53249.822.71$115,526
Mar 20151,9426,22642.892.93$101,564
Feb 20152,0725,67444.662.98$109,422
Jan 20152,3614,97343.433.10$117,958
Dec 20141,8754,44454.693.59$118,504
Nov 20141,8605,35270.464.25$153,811
Oct 20142,2776,47078.303.90$203,528
Sep 20142,3655,44386.164.05$225,788
Aug 20142,6985,31089.394.04$262,601
Jul 20142,4035,46896.564.18$254,888
Jun 20141,9794,83598.164.74$217,161
May 20142,1185,47394.734.73$226,507
Apr 20142,0894,95695.944.81$224,253
Mar 20142,3014,42095.895.06$242,994
Feb 20142,0893,84197.406.19$227,252
Jan 20142,2104,21990.404.86$220,291
Dec 20132,6604,39091.824.35$263,357
Nov 20132,3923,69988.853.74$226,357
Oct 20132,3973,61297.423.78$247,167
Sep 20132,1614,180104.113.72$240,522
Aug 20132,0513,772104.253.52$227,104
Jul 20132,2274,262102.523.72$244,157
Jun 20132,0263,78394.403.93$206,134
May 20132,9135,17794.834.15$297,720
Apr 20132,9264,81493.964.28$295,543
Mar 20133,3054,55093.623.91$327,218
Feb 20133,0744,76691.233.42$296,740
Jan 20134,4177,97391.603.42$431,864
Dec 20125,2739,72386.773.42$490,792
Nov 20125,42011,07886.953.62$511,426
Oct 20123,8959,50189.383.40$380,435
Sep 20123,0324,73294.672.92$300,849
Aug 20127,2877,50092.662.91$697,025
Jul 201210,3247,69385.133.02$902,121
Jun 20124,9423,68379.822.52$403,748
May 20124,4604,24491.612.49$419,141
Apr 20121,611975101.652.00$165,705
Mar 20121,1291,987105.052.22$123,017
Feb 20128521,161101.102.57$89,121
Jan 2012490698.092.73$48,081
Dec 20116681,07196.873.24$68,179
Nov 20111,0231,54895.723.31$103,047
Oct 20111,1192,59184.983.65$104,546
Sep 20111,5072,21583.623.99$134,844
Aug 20111,4261,64483.404.15$125,750
Jul 20111,39891894.144.52$135,755
Jun 20111,28312292.904.64$119,757
May 20117501,15298.134.40$78,672
Apr 20118501,100105.964.33$94,833
Mar 20111,7681,62296.364.06$176,945
Feb 201171178185.644.18$64,155
Jan 20112,4922,83986.504.59$228,586
Dec 20102,5493,00385.734.35$231,582
Nov 20103,0202,79680.843.80$254,749
Oct 20102,2032,17178.103.51$179,672
Sep 2010160372.633.98$2,472
Aug 20100073.684.42$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.

Feb 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 75.11 =         $0
Casinghead gas     1,045 Mcf  × $  2.47 =     $2,577

────────────────────────────────────────────────────
Month total                                   $2,577

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/40530 is the state's own key, not one this site invented.