UNIVERSITY "6-11"

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 41339District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.2 M
Apr 2011 – Jun 2016
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
63
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
OilDisposition23,131 bbl$2,103,477
Casinghead gasProduction20,617 Mcf$70,023
Total$2,173,501

Wells on this lease (1)

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 32.5066, -102.2515. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50663, -102.25146 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,389 ft
1 wells filed one
Completion to plug
5.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 11,389 ft.

Completions filed
Apr 2011
1 of 1 wells
Plug dates filed
May 2016
1 of 1 wells

Last completion to plug: a median of 5.1 years across the 1 well that filed both dates, with the middle half between 5.1 years and 5.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00342052111,389 ftApr 2011May 2016Yes

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 (63)

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

63 months

Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20162033.011.79$66
Feb 20161026.472.06$26
Jan 201612027.352.36$328
Dec 20152112432.362.00$928
Nov 20151512038.792.17$842
Oct 2015422443.552.43$718
Sep 20151015642.992.76$860
Aug 2015519440.162.87$758
Jul 2015319448.152.95$716
Jun 20151815556.152.88$1,458
May 20155116055.212.96$3,289
Apr 20158316249.822.71$4,574
Mar 201524717942.892.93$11,119
Feb 201526918844.662.98$12,573
Jan 20157513443.433.10$3,673
Dec 20148320854.693.59$5,286
Nov 201433118870.464.25$24,122
Oct 201423028678.303.90$19,125
Sep 20148016586.164.05$7,560
Aug 20145812989.394.04$5,705
Jul 201410515296.564.18$10,774
Jun 201414315798.164.74$14,781
May 201419015094.734.73$18,708
Apr 201416414695.944.81$16,436
Mar 20145012495.895.06$5,422
Feb 201425613697.406.19$25,777
Jan 201424718590.404.86$23,228
Dec 201336522191.824.35$34,477
Nov 201335123188.853.74$32,050
Oct 201328826897.423.78$29,070
Sep 2013404263104.113.72$43,038
Aug 2013463371104.253.52$49,575
Jul 2013352375102.523.72$37,481
Jun 201336742994.403.93$36,332
May 201350038694.834.15$49,017
Apr 201354261293.964.28$53,547
Mar 201364061093.623.91$62,304
Feb 201342849591.233.42$40,739
Jan 201368232091.603.42$63,566
Dec 201247337286.773.42$42,315
Nov 201249539986.953.62$44,487
Oct 201272354889.383.40$66,485
Sep 201259057994.672.92$57,545
Aug 201282779192.662.91$78,930
Jul 201265969585.133.02$58,200
Jun 201250847779.822.52$41,750
May 201219717891.612.49$18,490
Apr 2012781555101.652.00$80,497
Mar 2012688915105.052.22$74,308
Feb 2012843616101.102.57$86,811
Jan 20121,25789198.092.73$125,735
Dec 20111,2421,03896.873.24$123,675
Nov 20111,75362195.723.31$169,853
Oct 20111,3641,60784.983.65$121,776
Sep 20111,5351,13283.623.99$132,869
Aug 201126324383.404.15$22,942
Jul 201179815794.144.52$75,833
Jun 2011020692.904.64$956
May 20110098.134.40$0
Apr 201100105.964.33$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.

Mar 2016 — as filed, then multipliedworked
Oil                    2 bbl  × $ 33.01 =        $66
Casinghead gas         0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                      $66

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/41339 is the state's own key, not one this site invented.