UNIVERSITY '6-49'

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 42690District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$7.5 M
Mar 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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
OilDisposition96,062 bbl$6,919,340
Casinghead gasProduction172,075 Mcf$567,609
Total$7,486,949

Wells on this lease (4)

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 32.4303, -102.2791. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.42995, -102.27958 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
11,406 ft
4 wells filed one
Completion to plug
7.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 11,285 and 11,627 ft, median 11,406 ft, over the 4 wells that filed a depth.

Completions filed
Mar 2012 – Jan 2013
4 of 4 wells
Plug dates filed
Jan 2020
1 of 4 wells; 3 filed none

Last completion to plug: a median of 7.0 years across the 1 well that filed both dates, with the middle half between 7.0 years and 7.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-00344737511,499 ftJan 2013Jan 2020Yes
42-00343664211,627 ftMay 2012
42-00343665311,312 ftMay 2012
42-00343663111,285 ftMar 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 (171)

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

171 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
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 202200104.226.84$0
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 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202031016.921.81$525
Apr 2020118014.751.80$1,741
Mar 202023834330.341.86$7,858
Feb 202023186549.881.98$13,236
Jan 202031158257.252.09$19,024
Dec 201944466459.012.30$27,731
Nov 201946567855.302.75$27,579
Oct 20193791,45753.472.42$23,789
Sep 20193863,54555.052.66$30,669
Aug 20194525,08853.112.30$35,730
Jul 20192571,17756.272.46$17,357
Jun 20193781,80452.782.49$24,445
May 20196471,20158.482.74$41,128
Apr 20196111,25162.632.75$41,708
Mar 20195621,06656.803.06$35,186
Feb 20196281,15650.852.79$35,162
Jan 20197051,08646.033.23$35,957
Dec 20184721,25946.594.19$27,260
Nov 201858799352.934.24$35,277
Oct 20185831,41561.443.40$40,628
Sep 20186621,25559.543.11$43,316
Aug 20186251,27859.403.07$41,044
Jul 20186291,17765.142.93$44,424
Jun 20186621,14260.183.08$43,353
May 20186171,31165.382.90$44,142
Apr 20187341,26063.842.90$50,514
Mar 20186441,05561.222.79$42,366
Feb 201865188061.782.77$42,653
Jan 201849053162.874.01$32,935
Dec 20175711,28057.272.92$36,441
Nov 20178541,45455.423.12$51,863
Oct 20175181,18849.292.98$29,077
Sep 20176471,33447.523.09$34,864
Aug 20179181,40745.373.00$45,877
Jul 20176521,36643.873.09$32,820
Jun 20177431,39842.493.09$35,886
May 20178751,49045.373.26$44,561
Apr 20179021,59347.933.21$48,349
Mar 20177211,13446.772.98$37,105
Feb 20177811,13350.452.95$42,747
Jan 20174351,05349.413.42$25,093
Dec 20165821,03148.763.72$32,217
Nov 20166841,22142.492.64$32,292
Oct 20165121,12946.193.09$27,138
Sep 20165761,26941.553.10$27,868
Aug 20168651,46941.442.92$40,141
Jul 20167041,69841.622.92$34,266
Jun 20166791,55745.352.69$34,974
May 20168321,66742.521.99$38,696
Apr 20167171,51936.561.99$29,238
Mar 20168422,06933.011.79$31,506
Feb 20167971,51326.472.06$24,219
Jan 20168871,62327.352.36$28,097
Dec 20159191,47732.362.00$32,695
Nov 20158161,68238.792.17$35,298
Oct 20158491,84843.552.43$41,458
Sep 20151,0081,94142.992.76$48,688
Aug 20159541,76240.162.87$43,374
Jul 20159961,88348.152.95$53,503
Jun 20158541,75456.152.88$53,009
May 20151,1521,78155.212.96$68,866
Apr 20151,0531,58049.822.71$56,737
Mar 20151,0901,68242.892.93$51,686
Feb 20159111,30344.662.98$44,563
Jan 20157921,10443.433.10$37,820
Dec 20149911,56354.693.59$59,811
Nov 20141,1251,63370.464.25$86,211
Oct 20149451,87378.303.90$81,300
Sep 20141,0371,86486.164.05$96,889
Aug 20141,1182,22989.394.04$108,932
Jul 20141,1872,57596.564.18$125,379
Jun 20141,1892,12098.164.74$126,754
May 20141,2852,41994.734.73$133,162
Apr 20141,0561,89595.944.81$110,426
Mar 20141,7163,30195.895.06$181,240
Feb 20141,1561,88197.406.19$124,242
Jan 20141,2432,25190.404.86$123,309
Dec 20131,1201,79891.824.35$110,668
Nov 20139811,83588.853.74$94,022
Oct 20131,2612,31397.423.78$131,588
Sep 20131,3142,831104.113.72$147,325
Aug 20131,7683,042104.253.52$195,030
Jul 20132,0882,502102.523.72$223,364
Jun 20131,8473,39394.403.93$187,703
May 20132,1033,58394.834.15$214,294
Apr 20132,5924,40193.964.28$262,392
Mar 20132,3084,24393.623.91$232,677
Feb 20131,4322,47391.233.42$139,099
Jan 20131,7852,31391.603.42$171,416
Dec 20121,6143,37586.773.42$151,590
Nov 20122,7381,60386.953.62$243,880
Oct 20121,7461,76589.383.40$162,058
Sep 20122,3553,53894.672.92$233,273
Aug 20123,4483,73092.662.91$330,339
Jul 20123,2234,47285.133.02$287,883
Jun 20122,7003,20079.822.52$223,575
May 20127041,15091.612.49$67,355
Apr 201200101.652.00$0
Mar 201200105.052.22$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 2020 — as filed, then multipliedworked
Oil                   31 bbl  × $ 16.92 =       $525
Casinghead gas         0 Mcf  × $  1.81 =         $0

────────────────────────────────────────────────────
Month total                                     $525

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/42690 is the state's own key, not one this site invented.