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UNIVERSITY 7-18

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 43421District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$7.4 M
Nov 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
163
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition103,998 bbl$6,829,606
Casinghead gasProduction179,007 Mcf$620,306
Total$7,449,912

Wells on this lease (2)

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 32.3995, -102.2238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.39947, -102.22382 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,356 ft
2 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 11,353 and 11,358 ft, median 11,356 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2014 – Aug 2014
2 of 2 wells

2 wells

42-00346025211,353 ftAug 2014——
42-00344579111,358 ftJan 2014——

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 (163)

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

163 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 20233175.112.47$228
Jan 2023473476.533.39$3,712
Dec 20228318976.415.73$7,425
Nov 20222031,36885.005.65$24,979
Oct 20222781,52287.185.86$33,161
Sep 20222751,05384.888.16$31,938
Aug 20224291,24294.529.13$51,885
Jul 2022395829101.587.54$46,376
Jun 2022371586115.097.98$47,373
May 2022358551109.378.43$43,801
Apr 2022203317104.226.84$23,324
Mar 2022171201108.885.08$19,639
Feb 20229812991.054.86$9,550
Jan 2022282281.844.54$2,391
Dec 202127533471.323.90$20,915
Nov 202126734577.435.24$22,481
Oct 202131530479.795.71$26,871
Sep 202131235769.865.35$23,707
Aug 202121183866.024.22$17,467
Jul 202112237170.783.98$10,113
Jun 202127523869.493.38$19,914
May 202123324763.483.02$15,536
Apr 202123624960.362.76$14,932
Mar 202122921161.302.72$14,611
Feb 2021723557.805.55$4,356
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 202015036.972.48$555
Sep 202026041937.091.99$10,478
Aug 202030754139.982.39$13,564
Jul 202030446638.371.83$12,515
Jun 202028732334.901.69$10,562
May 202024215616.921.81$4,378
Apr 20202179914.751.80$3,379
Mar 20208715930.341.86$2,935
Feb 202047589749.881.98$25,470
Jan 202043437357.252.09$25,628
Dec 20195331,54559.012.30$35,013
Nov 20194871,96755.302.75$32,342
Oct 20195091,22853.472.42$30,186
Sep 20194481,63555.052.66$29,007
Aug 20194762,36553.112.30$30,730
Jul 20196652,01756.272.46$42,381
Jun 20196781,94952.782.49$40,640
May 20196851,71058.482.74$44,745
Apr 20195761,03862.632.75$38,930
Mar 20195402,25856.803.06$37,586
Feb 20194601,53050.852.79$27,663
Jan 20194871,79646.033.23$28,214
Dec 20185482,08046.594.19$34,237
Nov 20185111,79452.934.24$34,649
Oct 20186171,79261.443.40$43,998
Sep 20188292,33259.543.11$56,607
Aug 20189212,90059.403.07$63,600
Jul 20188352,86065.142.93$62,777
Jun 20181,6662,85960.183.08$109,057
May 20187411,07065.382.90$51,550
Apr 20181,0661,42563.842.90$72,187
Mar 20181,0701,51961.222.79$69,739
Feb 20181,1051,19061.782.77$71,559
Jan 20182,0021,64662.874.01$132,465
Dec 20171,5161,44157.272.92$91,031
Nov 201748891855.423.12$29,908
Oct 20173581,06549.292.98$20,823
Sep 20174711,15247.523.09$25,938
Aug 20178571,27545.373.00$42,713
Jul 20171,0331,39543.873.09$49,624
Jun 20177401,35542.493.09$35,626
May 20179581,37545.373.26$47,952
Apr 20179611,32447.933.21$50,313
Mar 20171,0811,32246.772.98$54,503
Feb 201770599850.452.95$38,514
Jan 20176041,03549.413.42$33,382
Dec 20166711,14848.763.72$36,992
Nov 20167651,55942.492.64$36,627
Oct 20168401,97146.193.09$44,891
Sep 20167401,75541.553.10$36,189
Aug 20161,0001,34741.442.92$45,379
Jul 20161,1961,71241.622.92$54,784
Jun 20168551,34645.352.69$42,389
May 20168671,16042.521.99$39,174
Apr 20161,0591,18036.561.99$41,066
Mar 20161,2981,27633.011.79$45,136
Feb 20161,3161,46926.472.06$37,866
Jan 20161,0862,30427.352.36$35,150
Dec 20159881,69632.362.00$35,366
Nov 20156601,89938.792.17$29,717
Oct 20151,1072,83443.552.43$55,087
Sep 20151,2292,85942.992.76$60,721
Aug 20151,0482,45640.162.87$49,143
Jul 20151,0842,83348.152.95$60,538
Jun 20151,2012,56856.152.88$74,839
May 20151,2582,73955.212.96$77,549
Apr 20151,4832,75549.822.71$81,340
Mar 20152,1672,07142.892.93$99,020
Feb 20151,4691,30644.662.98$69,492
Jan 20152,1192,01843.433.10$98,285
Dec 20142,2662,69554.693.59$133,606
Nov 20142,5394,28970.464.25$197,134
Oct 20142,8246,14078.303.90$245,071
Sep 20142,2092,69186.164.05$201,214
Aug 20142,1031,75989.394.04$195,085
Jul 20141,0701,12496.564.18$108,017
Jun 20149901,93898.164.74$106,358
May 20141,0732,13294.734.73$111,722
Apr 20141,0142,01495.944.81$106,969
Mar 20149511,93295.895.06$100,961
Feb 20141,2162,13997.406.19$131,683
Jan 201415272590.404.86$17,265
Dec 201324888491.824.35$26,621
Nov 20131,3542,54288.853.74$129,806
Oct 201361196097.423.78$63,152
Sep 20135342,205104.113.72$63,792
Aug 20136742,445104.253.52$78,877
Jul 20131,3331,902102.523.72$143,730
Jun 20131,2541,63494.403.93$124,805
May 20139321,64794.834.15$95,215
Apr 20132,3602,46293.964.28$232,289
Mar 20132,6202,38993.623.91$254,632
Feb 20131,7412,50491.233.42$167,395
Jan 20133,0283,35691.603.42$288,842
Dec 20124,4453,12686.773.42$396,384
Nov 201260794686.953.62$56,208

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.

Feb 2023 — as filed, then multipliedworked
Oil                    3 bbl  × $ 75.11 =       $225
Casinghead gas         1 Mcf  × $  2.47 =         $2

────────────────────────────────────────────────────
Month total                                     $228

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/43421 is the state's own key, not one this site invented.