UNIVERSITY 7-10

Operated by DIAMONDBACK E&P LLC (P-5 217012) 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 43260District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$19.1 M
Oct 2012 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
164
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
OilDisposition263,242 bbl$17,610,127
Casinghead gasProduction419,293 Mcf$1,445,031
Total$19,055,158

Wells on this lease (5)

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 32.4130, -102.2399. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.41219, -102.23955 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
11,348 ft
5 wells filed one
Completion to plug
4.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 11,201 and 11,504 ft, median 11,348 ft, over the 5 wells that filed a depth.

Completions filed
Jan 2013 – Jul 2021
5 of 5 wells
Plug dates filed
Dec 2025
1 of 5 wells; 4 filed none

Last completion to plug: a median of 4.4 years across the 1 well that filed both dates, with the middle half between 4.4 years and 4.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-00345334411,498 ftJul 2021Dec 2025Yes
42-00345102211,201 ftAug 2014
42-00345469511,504 ftAug 2014
42-00345884311,305 ftJun 2014
42-00344589111,348 ftJan 2013

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 (164)

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

164 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20264089.753.15$359
Feb 20266062763.503.75$6,161
Jan 202610176959.138.00$12,123
Dec 20258587556.664.41$8,678
Nov 202510682058.593.93$9,430
Oct 20258970959.383.30$7,628
Sep 20256586062.743.08$6,724
Aug 20258282963.933.01$7,742
Jul 202511080066.743.32$9,994
Jun 20258175266.483.13$7,738
May 20258586560.553.23$7,943
Apr 20257588462.363.54$7,809
Mar 202519574767.704.27$16,390
Feb 202522676870.884.34$19,353
Jan 202522890174.324.28$20,800
Dec 202425968668.993.12$20,010
Nov 202422130369.052.20$15,926
Oct 202424786971.372.28$19,611
Sep 202422796769.612.36$18,088
Aug 20242491,11175.632.06$21,125
Jul 20242501,12679.932.15$22,400
Jun 20242091,06378.082.63$19,119
May 20242581,30878.812.20$23,209
Apr 20242061,02184.451.66$19,091
Mar 202423994980.301.55$20,658
Feb 202424584376.091.78$20,146
Jan 202449288173.023.30$38,831
Dec 20235031,30571.262.61$39,251
Nov 20236591,50077.892.81$55,541
Oct 20236231,35185.443.09$57,400
Sep 20236581,19589.042.74$61,857
Aug 20237121,30780.522.67$60,824
Jul 202386996574.852.64$67,594
Jun 20238632,37868.962.26$64,883
May 20239311870.622.23$6,830
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20231075.112.47$75
Jan 20232623476.533.39$2,783
Dec 202217076.415.73$1,299
Nov 20222481,70385.005.65$30,695
Oct 20221,2143,97387.185.86$129,133
Sep 20221,0213,92884.888.16$118,729
Aug 20227011,80694.529.13$82,742
Jul 20228441,539101.587.54$97,341
Jun 20226871,399115.097.98$90,227
May 20227721,411109.378.43$96,333
Apr 20228061,177104.226.84$92,049
Mar 20227141,023108.885.08$82,933
Feb 202236660791.054.86$36,274
Jan 202220936681.844.54$18,765
Dec 202156281171.323.90$43,244
Nov 20216851,19077.435.24$59,271
Oct 202174499079.795.71$65,020
Sep 202129455369.865.35$23,498
Aug 202112818466.024.22$9,227
Jul 20218272,15570.783.98$67,116
Jun 20211,1592,38269.493.38$88,592
May 20219732,38463.483.02$68,960
Apr 20219662,40260.362.76$64,933
Mar 20219421,87661.302.72$62,842
Feb 20218561,98057.805.55$60,462
Jan 20219051,91550.412.81$51,003
Dec 20209881,77344.642.68$48,848
Nov 20201,1242,10538.772.71$49,275
Oct 20208642,19836.972.48$37,390
Sep 20209612,34237.091.99$40,307
Aug 20201,1652,78539.982.39$53,219
Jul 20201,1482,62038.371.83$48,831
Jun 20201,1932,23434.901.69$45,412
May 20201,11780816.921.81$20,366
Apr 20201,08151114.751.80$16,867
Mar 202099584030.341.86$31,748
Feb 20201,3491,94249.881.98$71,135
Jan 20201,25771157.252.09$73,453
Dec 20191,4482,56559.012.30$91,357
Nov 20191,3383,05955.302.75$82,406
Oct 20191,3931,91753.472.42$79,120
Sep 20191,4712,78255.052.66$88,371
Aug 20191,6393,45053.112.30$94,997
Jul 20191,8593,44556.272.46$113,081
Jun 20192,0413,54452.782.49$116,553
May 20192,1983,19058.482.74$137,281
Apr 20191,9892,03962.632.75$130,180
Mar 20192,0394,02656.803.06$128,143
Feb 20191,9162,36150.852.79$104,021
Jan 20192,0702,93946.033.23$104,770
Dec 20181,5381,95846.594.19$79,851
Nov 20181,4351,62752.934.24$82,849
Oct 20181,9492,50061.443.40$128,242
Sep 20181,9943,15559.543.11$128,529
Aug 20181,6842,99059.403.07$109,199
Jul 20181,4833,06365.142.93$105,583
Jun 20181,8573,55860.183.08$122,702
May 20182,2594,98065.382.90$162,139
Apr 20182,3305,02163.842.90$163,312
Mar 20182,6303,99661.222.79$172,145
Feb 20183,1362,61461.782.77$200,973
Jan 20181,4641,34062.874.01$97,414
Dec 20172,2491,97157.272.92$134,559
Nov 20172,7903,46255.423.12$165,418
Oct 20173,1754,38749.292.98$169,585
Sep 20172,8093,75047.523.09$145,061
Aug 20172,8863,59845.373.00$141,748
Jul 20172,1392,68143.873.09$102,115
Jun 20171,4022,24342.493.09$66,496
May 20172,2623,67345.373.26$114,613
Apr 20172,3213,21947.933.21$121,584
Mar 20172,6133,26546.772.98$131,952
Feb 20172,1353,27150.452.95$117,369
Jan 20172,0073,27249.413.42$110,352
Dec 20161,9222,97848.763.72$104,803
Nov 20162,2313,85342.492.64$104,984
Oct 20162,6194,07546.193.09$133,564
Sep 20162,2323,55541.553.10$103,762
Aug 20162,1193,57741.442.92$98,272
Jul 20163,3165,43741.622.92$153,912
Jun 20162,6684,84745.352.69$134,012
May 20163,9684,70742.521.99$178,091
Apr 20163,3364,16836.561.99$130,263
Mar 20162,4934,89933.011.79$91,083
Feb 20161,5824,36126.472.06$50,875
Jan 20161,5724,37927.352.36$53,348
Dec 20152,1433,77932.362.00$76,911
Nov 20151,5053,70038.792.17$66,398
Oct 20152,3344,78643.552.43$113,259
Sep 20151,4053,62542.992.76$70,400
Aug 20151,3853,81640.162.87$66,583
Jul 20151,2684,49848.152.95$74,301
Jun 20151,3724,09956.152.88$88,855
May 20152,0153,80855.212.96$122,503
Apr 20152,0772,67949.822.71$110,727
Mar 20152,7442,77042.892.93$125,819
Feb 20152,8613,26044.662.98$137,475
Jan 20152,7843,96743.433.10$133,209
Dec 20142,9364,49254.693.59$176,702
Nov 20143,5154,84870.464.25$268,280
Oct 20144,7943,70478.303.90$389,819
Sep 20143,3912,72386.164.05$303,184
Aug 20143,1082,48089.394.04$287,831
Jul 20143,7123,21296.564.18$371,856
Jun 20143,6315,35198.164.74$381,766
May 20142,7414,43294.734.73$280,603
Apr 20142,8023,91595.944.81$287,652
Mar 20144,0335,20195.895.06$413,025
Feb 20144,4146,26897.406.19$468,735
Jan 20146,65512,41590.404.86$661,958
Dec 20139,53613,21791.824.35$933,149
Nov 20138,40110,25988.853.74$784,780
Oct 201310,15510,27797.423.78$1,028,141
Sep 20136,9955,768104.113.72$749,693
Aug 20133,6692,993104.253.52$393,036
Jul 20131,6153,044102.523.72$176,887
Jun 20133201,72994.403.93$37,009
May 20133462,36994.834.15$42,640
Apr 20132991,33893.964.28$33,824
Mar 20139131,56493.623.91$91,595
Feb 20131,7332,11091.233.42$165,318
Jan 20131,4351,72991.603.42$137,359
Dec 20123,0444,81686.773.42$280,599
Nov 20121,5671,19686.953.62$140,586
Oct 20120089.383.40$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 2026 — as filed, then multipliedworked
Oil                    4 bbl  × $ 89.75 =       $359
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                     $359

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/43260 is the state's own key, not one this site invented.