UNIVERSITY "7-42"

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 42556District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$15.3 M
Jan 2012 – Mar 2016
Value, last 12 filed months
$985 k
at the published price for each month
Months reported
51
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
OilDisposition161,895 bbl$13,631,277
Casinghead gasProduction475,616 Mcf$1,667,405
Total$15,298,682

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 32.3360, -102.2350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.33519, -102.23592 · 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
50.0%
3 of 6 wells
With a plug date
50.0%
3 of 6 wells
Median depth
11,562 ft
6 wells filed one
Completion to plug
9.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
350.0%
A plug date is filed
350.0%
BothOn the schedule and plugged. Neither fact cancels the other.
350.0%
NeitherNo plug date, and not on the schedule.
350.0%

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 5,974 and 11,926 ft, median 11,562 ft, over the 6 wells that filed a depth.

Completions filed
Jan 2012 – Mar 2024
6 of 6 wells
Plug dates filed
May 2020 – Jun 2021
3 of 6 wells; 3 filed none

Last completion to plug: a median of 9.3 years across the 3 wells that filed both dates, with the middle half between 8.8 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-003442556D5,974 ftMar 2024
42-00343303511,926 ftOct 2013
42-00343297211,599 ftMar 2012May 2020Yes
42-00343301311,596 ftMar 2012Jun 2021Yes
42-00342158111,257 ftMar 2012Jun 2021Yes
42-00343302411,527 ftJan 2012

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 (51)

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

51 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20152,5578,09138.792.17$116,722
Oct 20151,9338,60343.552.43$105,058
Sep 20151,9729,23142.992.76$110,239
Aug 20152,1739,83140.162.87$115,507
Jul 20152,21410,16248.152.95$136,532
Jun 20152,2859,98856.152.88$157,097
May 20151,7576,78555.212.96$117,057
Apr 20152,0688,63749.822.71$126,404
Mar 20152,53310,16142.892.93$138,460
Feb 20152,2878,18544.662.98$126,498
Jan 20152,5629,59743.433.10$141,024
Dec 20142,4068,18354.693.59$160,972
Nov 20141,9877,04570.464.25$169,958
Oct 20142,1937,70578.303.90$201,769
Sep 20142,45510,08786.164.05$252,329
Aug 20142,3879,88089.394.04$253,241
Jul 20142,67111,02396.564.18$303,983
Jun 20142,5557,45198.164.74$286,093
May 20142,7018,58694.734.73$296,448
Apr 20142,8129,33595.944.81$314,676
Mar 20142,7709,94295.895.06$315,890
Feb 20142,8829,26297.406.19$338,057
Jan 20143,2608,94090.404.86$338,159
Dec 20133,3699,26891.824.35$349,699
Nov 20133,4219,90788.853.74$340,991
Oct 20133,91210,40197.423.78$420,416
Sep 20132,7127,646104.113.72$310,772
Aug 20133,66811,491104.253.52$422,867
Jul 20133,76910,993102.523.72$427,267
Jun 20133,81212,95194.403.93$410,794
May 20134,89113,67494.834.15$520,548
Apr 20134,6309,95793.964.28$477,677
Mar 20133,7789,14893.623.91$389,491
Feb 20134,24810,57591.233.42$423,711
Jan 20135,87511,58891.603.42$577,780
Dec 20125,94212,75186.773.42$559,198
Nov 20125,06014,08886.953.62$491,035
Oct 20127,66314,54589.383.40$734,367
Sep 20127,66314,19294.672.92$766,874
Aug 20127,38015,66592.662.91$729,387
Jul 201210,05121,92885.133.02$921,882
Jun 20127,56422,84879.822.52$661,314
May 20123,80311,81691.612.49$377,795
Apr 20122,3858,486101.652.00$259,380
Mar 20127123,614105.052.22$82,826
Feb 20121671,250101.102.57$20,097
Jan 2012012498.092.73$339

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.

Nov 2015 — as filed, then multipliedworked
Oil                2,557 bbl  × $ 38.79 =    $99,186
Casinghead gas     8,091 Mcf  × $  2.17 =    $17,536

────────────────────────────────────────────────────
Month total                                 $116,722

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/42556 is the state's own key, not one this site invented.