UNIVERSITY "6-12"

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 41432District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.3 M
Apr 2011 – Apr 2020
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
109
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
OilDisposition15,848 bbl$1,235,674
Casinghead gasProduction20,356 Mcf$65,889
Total$1,301,564

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 32.5213, -102.2355. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52129, -102.23551 · 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
11,380 ft
1 wells filed one
Completion to plug
5 months
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 11,380 ft.

Completions filed
May 2019
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 5 months across the 1 well that filed both dates, with the middle half between 5 months and 5 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-00342053311,380 ftMay 2019Oct 2019Yes

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 (109)

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

109 months

Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201996053.472.42$5,133
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201927056.272.46$1,519
Jun 201972052.782.49$3,800
May 201956058.482.74$3,275
Apr 201913013962.632.75$8,524
Mar 2019015556.803.06$475
Feb 2019409550.852.79$2,299
Jan 201913015446.033.23$6,481
Dec 20184916946.594.19$2,990
Nov 20182516552.934.24$2,022
Oct 201814617661.443.40$9,568
Sep 201811812659.543.11$7,417
Aug 2018613859.403.07$780
Jul 20184715765.142.93$3,522
Jun 201810417760.183.08$6,803
May 201810417765.382.90$7,313
Apr 201811218363.842.90$7,681
Mar 20188921061.222.79$6,034
Feb 20183319261.782.77$2,570
Jan 201823112462.874.01$15,020
Dec 20171922857.272.92$11,078
Nov 201726055.423.12$1,441
Oct 201711432749.292.98$6,595
Sep 2017274947.523.09$1,434
Aug 2017137345.373.00$6,225
Jul 201704943.873.09$151
Jun 20171719642.493.09$1,327
May 201710122645.373.26$5,320
Apr 201715920947.933.21$8,292
Mar 201712921646.772.98$6,678
Feb 20178118150.452.95$4,621
Jan 20174718249.413.42$2,944
Dec 201614917948.763.72$7,932
Nov 201611721642.492.64$5,543
Oct 201611718646.193.09$5,979
Sep 201610521041.553.10$5,014
Aug 20169225841.442.92$4,567
Jul 20168724741.622.92$4,343
Jun 20168923745.352.69$4,673
May 201611724542.521.99$5,463
Apr 20168223136.561.99$3,458
Mar 201618922933.011.79$6,650
Feb 20161520126.472.06$812
Jan 201611020827.352.36$3,500
Dec 20158418632.362.00$3,091
Nov 201516014838.792.17$6,527
Oct 201514816443.552.43$6,843
Sep 201515017442.992.76$6,928
Aug 201518720740.162.87$8,105
Jul 201515720248.152.95$8,154
Jun 201513316156.152.88$7,932
May 201514415555.212.96$8,408
Apr 20158314149.822.71$4,517
Mar 201510015642.892.93$4,747
Feb 201510413044.662.98$5,032
Jan 20158515943.433.10$4,185
Dec 201421521554.693.59$12,530
Nov 201413719270.464.25$10,469
Oct 201423723178.303.90$19,458
Sep 201418223086.164.05$16,612
Aug 201411621589.394.04$11,237
Jul 201414416596.564.18$14,594
Jun 201422515298.164.74$22,806
May 201416015494.734.73$15,885
Apr 201413520195.944.81$13,919
Mar 201413113895.895.06$13,259
Feb 201422816097.406.19$23,198
Jan 201414018690.404.86$13,560
Dec 201316922891.824.35$16,510
Nov 201317322588.853.74$16,212
Oct 201314425497.423.78$14,988
Sep 2013188329104.113.72$20,796
Aug 2013184308104.253.52$20,267
Jul 2013176275102.523.72$19,066
Jun 201319825094.403.93$19,675
May 201324129894.834.15$24,090
Apr 201327428393.964.28$26,957
Mar 201324420993.623.91$23,661
Feb 201315311491.233.42$14,348
Jan 201330216091.603.42$28,210
Dec 201220721686.773.42$18,700
Nov 201222722086.953.62$20,535
Oct 201230826589.383.40$28,430
Sep 201224931394.672.92$24,486
Aug 201230234092.662.91$28,972
Jul 201222333785.133.02$20,002
Jun 201223226779.822.52$19,191
May 201213541391.612.49$13,395
Apr 2012406558101.652.00$42,384
Mar 2012438353105.052.22$46,796
Feb 20127271,015101.102.57$76,108
Jan 201299249298.092.73$98,650
Dec 201139413496.873.24$38,601
Nov 201133118095.723.31$32,279
Oct 201120633084.983.65$18,710
Sep 201124231583.623.99$21,492
Aug 20115721583.404.15$5,646
Jul 201122722794.144.52$22,395
Jun 2011016192.904.64$747
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.

Oct 2019 — as filed, then multipliedworked
Oil                   96 bbl  × $ 53.47 =     $5,133
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $5,133

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/41432 is the state's own key, not one this site invented.