UNIVERSITY 6-24

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 40680District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.1 M
Oct 2010 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
188
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
OilDisposition169,127 bbl$13,230,144
Casinghead gasProduction237,012 Mcf$821,165
Total$14,051,309

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 32.4805, -102.2638. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.48103, -102.26409 · 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
11,308 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 11,180 and 12,944 ft, median 11,308 ft, over the 6 wells that filed a depth.

Completions filed
Nov 2010 – Jan 2024
6 of 6 wells

6 wells

42-00342993411,180 ftJan 2024
42-00341701311,395 ftApr 2014
42-00343252611,245 ftJan 2013
42-00343353711,365 ftSep 2012
42-00342581512,944 ftJul 2011
42-00341356211,250 ftNov 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 (188)

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

188 months

May 2026128115106.413.05$13,971
Apr 202619418198.932.87$19,712
Mar 20261068489.753.15$9,778
Feb 2026639063.503.75$4,338
Jan 20268315759.138.00$6,163
Dec 20256314856.664.41$4,223
Nov 20254121858.593.93$3,258
Oct 20253718359.383.30$2,802
Sep 2025367562.743.08$2,489
Aug 20252163.933.01$131
Jul 20256066.743.32$400
Jun 2025502266.483.13$3,393
May 2025942960.553.23$5,785
Apr 20251022962.363.54$6,463
Mar 2025916667.704.27$6,442
Feb 20257814970.884.34$6,175
Jan 202513944974.324.28$12,252
Dec 20241326468.993.12$9,306
Nov 202422617169.052.20$15,981
Oct 202430117371.372.28$21,877
Sep 202431726069.612.36$22,681
Aug 202430336975.632.06$23,677
Jul 202422662579.932.15$19,406
Jun 202420969378.082.63$18,144
May 202422856778.812.20$19,215
Apr 202424555384.451.66$21,608
Mar 202421340180.301.55$17,724
Feb 202423638176.091.78$18,637
Jan 202418843873.023.30$15,172
Dec 202319940471.262.61$15,235
Nov 202323840677.892.81$19,678
Oct 202320129585.443.09$18,084
Sep 202320869189.042.74$20,410
Aug 202324075780.522.67$21,348
Jul 202327568374.852.64$22,388
Jun 202324665768.962.26$18,448
May 202327379870.622.23$21,057
Apr 202333661478.122.24$27,622
Mar 202337551372.852.39$28,546
Feb 202335038075.112.47$27,225
Jan 202349349976.533.39$39,420
Dec 202267649776.415.73$54,501
Nov 202252056585.005.65$47,390
Oct 202260064687.185.86$56,096
Sep 202251059584.888.16$48,146
Aug 202258072094.529.13$61,393
Jul 2022519489101.587.54$56,408
Jun 2022297518115.097.98$38,314
May 2022284530109.378.43$35,531
Apr 2022313592104.226.84$36,669
Mar 2022335590108.885.08$39,470
Feb 202229959491.054.86$30,110
Jan 202232764981.844.54$29,707
Dec 202132871271.323.90$26,169
Nov 202136274577.435.24$31,931
Oct 202134872279.795.71$31,892
Sep 202132665669.865.35$26,285
Aug 202148295566.024.22$35,852
Jul 20214881,01170.783.98$38,567
Jun 202151494169.493.38$38,899
May 20215991,16263.483.02$41,531
Apr 20216101,14460.362.76$39,975
Mar 202166999961.302.72$43,724
Feb 202156966457.805.55$36,572
Jan 202172675750.412.81$38,725
Dec 202066496844.642.68$32,231
Nov 20207831,01338.772.71$33,099
Oct 20205421,07636.972.48$22,705
Sep 20206261,03437.091.99$25,277
Aug 20206991,03739.982.39$30,419
Jul 20206721,07538.371.83$27,747
Jun 20206541,06634.901.69$24,626
May 20206531,07616.921.81$13,001
Apr 20207561,08714.751.80$13,112
Mar 202070264730.341.86$22,500
Feb 202066068549.881.98$34,278
Jan 202084067357.252.09$49,500
Dec 201981798859.012.30$50,488
Nov 20198251,10855.302.75$48,670
Oct 201958183453.472.42$33,083
Sep 20195751,09755.052.66$34,569
Aug 201965394753.112.30$36,863
Jul 201978692956.272.46$46,514
Jun 201963568852.782.49$35,229
May 201965570058.482.74$40,223
Apr 20198501,06662.632.75$56,168
Mar 20199151,22356.803.06$55,717
Feb 20197301,17450.852.79$40,399
Jan 20197751,27346.033.23$39,783
Dec 20187701,26246.594.19$41,156
Nov 201870665752.934.24$40,152
Oct 20188161,21861.443.40$54,274
Sep 20188681,08259.543.11$55,044
Aug 20185951,10159.403.07$38,719
Jul 20186161,25465.142.93$43,803
Jun 20186621,11460.183.08$43,267
May 20187371,12565.382.90$51,448
Apr 20187791,10763.842.90$52,943
Mar 20188831,17961.222.79$57,343
Feb 201862984161.782.77$41,186
Jan 201859680262.874.01$40,686
Dec 201757385257.272.92$35,305
Nov 201753987555.423.12$32,600
Oct 201764194049.292.98$34,400
Sep 201756893447.523.09$29,875
Aug 201760490945.373.00$30,134
Jul 201759179043.873.09$28,366
Jun 201757188342.493.09$26,988
May 201765199645.373.26$32,786
Apr 201761289947.933.21$32,220
Mar 201770489846.772.98$35,605
Feb 201774083250.452.95$39,790
Jan 201769691049.413.42$37,500
Dec 201619461848.763.72$11,760
Nov 201621891342.492.64$11,677
Oct 20164231,00146.193.09$22,632
Sep 201641398641.553.10$20,217
Aug 201656289141.442.92$25,895
Jul 201661158241.622.92$27,132
Jun 201650248245.352.69$24,060
May 201636343242.521.99$16,295
Apr 201642748836.561.99$16,583
Mar 201685780833.011.79$29,739
Feb 20161,2931,33926.472.06$36,989
Jan 201671989927.352.36$21,790
Dec 201535849732.362.00$12,580
Nov 201553687538.792.17$22,688
Oct 201568487943.552.43$31,921
Sep 20155181,02342.992.76$25,091
Aug 20155721,07540.162.87$26,059
Jul 20154971,16148.152.95$27,350
Jun 20155441,07956.152.88$33,656
May 20156271,14155.212.96$37,989
Apr 20156432,07449.822.71$37,648
Mar 20156391,36542.892.93$31,413
Feb 201564385944.662.98$31,273
Jan 20151,46372143.433.10$65,774
Dec 201497194254.693.59$56,487
Nov 20141,18187770.464.25$86,942
Oct 20141,31293078.303.90$106,357
Sep 20141,2201,22786.164.05$110,079
Aug 20141,1611,76189.394.04$110,888
Jul 20141,0802,53696.564.18$114,884
Jun 20141,0062,01898.164.74$108,308
May 20141,4082,82894.734.73$146,747
Apr 20141,4152,60895.944.81$148,297
Mar 20141,2882,66095.895.06$136,957
Feb 20141,6113,07097.406.19$175,921
Jan 20142,0714,11390.404.86$207,211
Dec 20132,4033,53991.824.35$236,054
Nov 20132,2194,22088.853.74$212,934
Oct 20131,8094,63597.423.78$193,750
Sep 20131,9754,474104.113.72$222,250
Aug 20132,2165,679104.253.52$251,023
Jul 20132,1584,316102.523.72$237,284
Jun 20132,1274,58994.403.93$218,839
May 20133,4004,20994.834.15$339,885
Apr 20132,6632,53493.964.28$261,068
Mar 20132,7822,75993.623.91$271,246
Feb 20131,3722,41591.233.42$133,427
Jan 20132,0223,09891.603.42$195,810
Dec 20122,7352,88286.773.42$247,173
Nov 20123,0064,27986.953.62$276,883
Oct 20122,0884,16589.383.40$200,785
Sep 20121,8505,02194.672.92$189,793
Aug 20122,4324,99792.662.91$239,881
Jul 20123,0064,84485.133.02$270,534
Jun 20123,9094,70279.822.52$323,861
May 20123,6693,14591.612.49$343,943
Apr 20122,9372,900101.652.00$304,337
Mar 20123,5152,527105.052.22$374,866
Feb 20123,3022,598101.102.57$340,510
Jan 20123,9113,38398.092.73$392,879
Dec 20114,1892,06896.873.24$412,488
Nov 20111,9631,45595.723.31$192,716
Oct 20112,1692,27884.983.65$192,633
Sep 20112,4683,45883.623.99$220,157
Aug 20113,0484,69983.404.15$273,701
Jul 20112,7711,65094.144.52$268,315
Jun 20111,4351,19392.904.64$138,847
May 201175243698.134.40$75,714
Apr 20111,569598105.964.33$168,843
Mar 20111,43071296.364.06$140,684
Feb 201188541785.644.18$77,534
Jan 201154838286.504.59$49,155
Dec 201026418885.734.35$23,450
Nov 2010534580.843.80$4,455
Oct 20100078.103.51$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                  128 bbl  × $106.41 =    $13,620
Casinghead gas       115 Mcf  × $  3.05 =       $350

────────────────────────────────────────────────────
Month total                                  $13,971

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/40680 is the state's own key, not one this site invented.