UNIVERSITY 5-14

Operated by OVINTIV USA INC. (P-5 628658) 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 41812District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.1 M
Aug 2011 – Jan 2024
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
150
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
OilDisposition14,169 bbl$1,049,038
Casinghead gasProduction23,542 Mcf$80,918
Total$1,129,956

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 32.4788, -102.3404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47879, -102.34039 · 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
11,350 ft
1 wells filed one
Completion to plug
12.3 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 11,350 ft.

Completions filed
Aug 2011
1 of 1 wells
Plug dates filed
Nov 2023
1 of 1 wells

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 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.

1 well

42-00342583211,350 ftAug 2011Nov 2023Yes

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 (150)

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

150 months

Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023358085.443.09$30,588
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202349068.962.26$3,379
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221810104.226.84$18,864
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 202102279.795.71$126
Sep 202101,69069.865.35$9,043
Aug 202107666.024.22$321
Jul 202133510270.783.98$24,117
Jun 202109669.493.38$325
May 202109663.483.02$290
Apr 202109760.362.76$268
Mar 2021011061.302.72$299
Feb 2021012557.805.55$693
Jan 2021012450.412.81$348
Dec 202034111344.642.68$15,525
Nov 2020011838.772.71$319
Oct 2020010436.972.48$258
Sep 202009237.091.99$183
Aug 202008539.982.39$203
Jul 20203398638.371.83$13,164
Jun 202008334.901.69$140
May 202009016.921.81$163
Apr 2020011514.751.80$208
Mar 202033011430.341.86$10,224
Feb 2020010049.881.98$198
Jan 2020010857.252.09$226
Dec 201920012759.012.30$12,095
Nov 2019011455.302.75$314
Oct 2019012553.472.42$302
Sep 2019012155.052.66$322
Aug 201904853.112.30$111
Jul 201903756.272.46$91
Jun 201903052.782.49$75
May 20193367058.482.74$19,841
Apr 2019010562.632.75$289
Mar 2019012056.803.06$367
Feb 2019010850.852.79$302
Jan 201906646.033.23$213
Dec 201804246.594.19$176
Nov 20183391952.934.24$18,024
Oct 201801061.443.40$34
Sep 201801059.543.11$31
Aug 2018169559.403.07$10,054
Jul 201801565.142.93$44
Jun 201803060.183.08$92
May 20181649965.382.90$11,010
Apr 2018011163.842.90$322
Mar 201817612261.222.79$11,115
Feb 2018012661.782.77$349
Jan 201817810462.874.01$11,608
Dec 2017011757.272.92$342
Nov 2017013555.423.12$421
Oct 201716911449.292.98$8,670
Sep 201707747.523.09$238
Aug 201734413545.373.00$16,013
Jul 201706843.873.09$210
Jun 2017120342.493.09$669
May 2017014345.373.26$467
Apr 201733814047.933.21$16,650
Mar 2017114046.772.98$464
Feb 2017012450.452.95$366
Jan 2017030749.413.42$1,050
Dec 201617428548.763.72$9,545
Nov 2016014442.492.64$381
Oct 201634516346.193.09$16,439
Sep 201606241.553.10$192
Aug 201605341.442.92$155
Jul 2016013541.622.92$395
Jun 2016012545.352.69$336
May 201616813642.521.99$7,414
Apr 2016013236.561.99$263
Mar 2016113833.011.79$281
Feb 201617213526.472.06$4,831
Jan 201616927327.352.36$5,268
Dec 201517319132.362.00$5,981
Nov 2015019038.792.17$412
Oct 2015019843.552.43$480
Sep 201517018042.992.76$7,805
Aug 201517020940.162.87$7,428
Jul 2015121048.152.95$667
Jun 201517138956.152.88$10,723
May 201517541355.212.96$10,882
Apr 2015126049.822.71$754
Mar 201517622742.892.93$8,215
Feb 2015019444.662.98$577
Jan 201517422043.433.10$8,239
Dec 2014024654.693.59$883
Nov 201417327070.464.25$13,338
Oct 2014022478.303.90$874
Sep 201417818786.164.05$16,093
Aug 201417722889.394.04$16,742
Jul 201416633396.564.18$17,421
Jun 201416731798.164.74$17,894
May 2014042194.734.73$1,990
Apr 201417543195.944.81$18,862
Mar 20141712095.895.06$16,498
Feb 201417617797.406.19$18,238
Jan 201417430090.404.86$17,188
Dec 2013034491.824.35$1,498
Nov 201318223488.853.74$17,045
Oct 201317318797.423.78$17,560
Sep 2013355196104.113.72$37,688
Aug 20130174104.253.52$613
Jul 20130287102.523.72$1,067
Jun 201336235694.403.93$35,573
May 2013031894.834.15$1,319
Apr 201336833093.964.28$35,991
Mar 2013431793.623.91$1,615
Feb 20131839491.233.42$17,017
Jan 201318410091.603.42$17,196
Dec 20123666386.773.42$31,973
Nov 2012180086.953.62$15,651
Oct 201217715389.383.40$16,340
Sep 201235621594.672.92$34,330
Aug 201236227492.662.91$34,340
Jul 201218113985.133.02$15,828
Jun 201218520979.822.52$15,293
May 201235925791.612.49$33,527
Apr 20120326101.652.00$651
Mar 2012557342105.052.22$59,273
Feb 20120332101.102.57$853
Jan 201255341698.092.73$55,381
Dec 201155084496.873.24$56,013
Nov 2011016495.723.31$543
Oct 20113801,06284.983.65$36,167
Sep 2011063183.623.99$2,515
Aug 2011714983.404.15$1,202

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 2023 — as filed, then multipliedworked
Oil                  358 bbl  × $ 85.44 =    $30,588
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                  $30,588

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/41812 is the state's own key, not one this site invented.