UNIVERSITY LANDS 47

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 43682District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$15.9 M
Feb 2013 – May 2026
Value, last 12 filed months
$203 k
at the published price for each month
Months reported
160
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
OilDisposition197,887 bbl$14,278,253
Casinghead gasProduction462,090 Mcf$1,650,805
Total$15,929,059

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 32.4422, -102.2512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.44226, -102.25160 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
12,008 ft
4 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.
4100.0%

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 11,945 and 12,047 ft, median 12,008 ft, over the 4 wells that filed a depth.

Completions filed
Feb 2013 – Apr 2014
4 of 4 wells

4 wells

42-00345806412,047 ftApr 2014
42-00344867212,010 ftApr 2013
42-00344868312,005 ftMar 2013
42-00344866111,945 ftFeb 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 (160)

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

160 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202635881789.753.15$34,704
Feb 202619980763.503.75$15,663
Jan 202617963359.138.00$15,647
Dec 202517896856.664.41$14,358
Nov 202519694558.593.93$15,194
Oct 202537193359.383.30$25,113
Sep 202517994462.743.08$14,135
Aug 202535897263.933.01$25,817
Jul 202517593366.743.32$14,773
Jun 20253641,00066.483.13$27,327
May 20253541,03260.553.23$24,770
Apr 202517896162.363.54$14,505
Mar 202518570767.704.27$15,542
Feb 202537278570.884.34$29,775
Jan 202516681874.324.28$15,837
Dec 202437789568.993.12$28,803
Nov 202437098269.052.20$27,707
Oct 20243551,02071.372.28$27,663
Sep 202435089269.612.36$26,473
Aug 20243561,15975.632.06$29,316
Jul 202438937879.932.15$31,904
Jun 202416753678.082.63$14,451
May 202440180478.812.20$33,370
Apr 20241981,05084.451.66$18,463
Mar 2024024880.301.55$383
Feb 202435496376.091.78$28,654
Jan 20245241,58373.023.30$43,483
Dec 20235122,24671.262.61$42,349
Nov 20235092,42877.892.81$46,463
Oct 20236481,79485.443.09$60,904
Sep 20233521,10889.042.74$34,373
Aug 20233441,47580.522.67$31,641
Jul 20235042,14974.852.64$43,402
Jun 20233612,31868.962.26$30,130
May 20235082,04170.622.23$40,421
Apr 20233381,45278.122.24$29,654
Mar 20233611,58872.852.39$30,099
Feb 20235222,05275.112.47$44,267
Jan 20238532,54176.533.39$73,888
Dec 20225132,19876.415.73$51,791
Nov 20226752,14185.005.65$69,464
Oct 20225222,62087.185.86$60,871
Sep 20225002,63984.888.16$63,984
Aug 20226782,79694.529.13$89,604
Jul 20225102,949101.587.54$74,047
Jun 20227172,891115.097.98$105,582
May 20225622,732109.378.43$84,505
Apr 20225742,652104.226.84$77,956
Mar 20228283,041108.885.08$105,590
Feb 20225221,80091.054.86$56,274
Jan 20225451,95081.844.54$53,451
Dec 20216952,39971.323.90$58,921
Nov 20218772,78877.435.24$82,506
Oct 20215392,95479.795.71$59,886
Sep 20217162,60369.865.35$63,948
Aug 20216913,00366.024.22$58,294
Jul 20218583,25470.783.98$73,687
Jun 20211,0233,52569.493.38$83,005
May 2021232163.483.02$1,096
Apr 202134669860.362.76$22,810
Mar 20215632,46061.302.72$41,196
Feb 20215441,52757.805.55$39,915
Jan 20216332,45550.412.81$38,809
Dec 20205132,58644.642.68$29,819
Nov 20208672,93938.772.71$41,568
Oct 20206813,18736.972.48$33,075
Sep 20208683,20537.091.99$38,575
Aug 20207043,26739.982.39$35,938
Jul 20206673,22238.371.83$31,473
Jun 20209953,01334.901.69$39,818
May 20209383,14716.921.81$21,582
Apr 20205752,61214.751.80$13,194
Mar 20207332,64830.341.86$27,155
Feb 20209382,75249.881.98$52,238
Jan 20205592,51957.252.09$37,279
Dec 20199152,98259.012.30$60,866
Nov 20199042,97055.302.75$58,161
Oct 20191,0943,29453.472.42$66,463
Sep 20198942,93455.052.66$57,011
Aug 20197532,83753.112.30$46,529
Jul 20191,1083,01656.272.46$69,767
Jun 20191,0973,06252.782.49$65,528
May 20191,2363,52858.482.74$81,949
Apr 20193532,56262.632.75$29,156
Mar 20191,0693,44456.803.06$71,265
Feb 20191,0923,54850.852.79$65,435
Jan 20191,6413,76646.033.23$87,693
Dec 20181,2613,77146.594.19$74,533
Nov 20181,4813,66152.934.24$93,902
Oct 20181,6013,77261.443.40$111,183
Sep 20181,8033,83559.543.11$119,270
Aug 20181,6283,82859.403.07$108,442
Jul 20181,9933,44765.142.93$139,930
Jun 20189291,02360.183.08$59,055
May 201834727465.382.90$23,482
Apr 201872188163.842.90$48,584
Mar 20181,4331,76361.222.79$92,641
Feb 20181,2681,88361.782.77$83,546
Jan 20181,8251,35162.874.01$120,154
Dec 20175471,02457.272.92$34,318
Nov 20171,4361,20755.423.12$83,347
Oct 20171,2742,00049.292.98$68,763
Sep 20171,4331,37447.523.09$72,338
Aug 20173581,09745.373.00$19,538
Jul 201753097943.873.09$26,274
Jun 20171741,30842.493.09$11,431
May 20175141,85745.373.26$29,380
Apr 20178592,81447.933.21$50,209
Mar 20178802,14746.772.98$47,564
Feb 20178602,50650.452.95$50,786
Jan 20178682,43549.413.42$51,213
Dec 20161,0422,97448.763.72$61,880
Nov 20161,2153,54342.492.64$60,994
Oct 20168863,33146.193.09$51,218
Sep 20161,2073,99541.553.10$62,538
Aug 20161,4434,65441.442.92$73,408
Jul 20161,4244,11041.622.92$71,286
Jun 20161,4373,76045.352.69$75,267
May 20161,2723,11442.521.99$60,286
Apr 20168983,14336.561.99$39,089
Mar 20161,6053,33633.011.79$58,966
Feb 20168913,31026.472.06$30,415
Jan 20161,8103,41427.352.36$57,575
Dec 20151,4782,99432.362.00$53,820
Nov 20151,3013,54738.792.17$58,153
Oct 20151,6393,79043.552.43$80,575
Sep 20151,2653,97542.992.76$65,347
Aug 20151,6374,48940.162.87$78,637
Jul 20151,4254,48948.152.95$81,834
Jun 20151,9755,01756.152.88$125,360
May 20151,5585,10255.212.96$101,096
Apr 20159393,13649.822.71$55,269
Mar 20152,08575142.892.93$91,630
Feb 20152,1921,31744.662.98$101,814
Jan 20152,3073,46043.433.10$110,921
Dec 20143,1065,29554.693.59$188,883
Nov 20142,1795,76370.464.25$178,036
Oct 20142,5375,53378.303.90$220,231
Sep 20142,1406,43086.164.05$210,395
Aug 20143,1036,39389.394.04$303,174
Jul 20142,8736,60196.564.18$305,006
Jun 20143,2497,82698.164.74$355,993
May 20144,7848,40894.734.73$492,929
Apr 20143,2823,40195.944.81$331,231
Mar 20142,5554,74295.895.06$268,978
Feb 20146904,31597.406.19$93,924
Jan 20143,3366,46290.404.86$332,984
Dec 20134,2776,68491.824.35$421,819
Nov 20132,9736,00088.853.74$286,581
Oct 20134,7722,19997.423.78$473,199
Sep 20134,4455,186104.113.72$482,049
Aug 20135,4769,286104.253.52$603,584
Jul 20137,00311,137102.523.72$759,352
Jun 20137,35011,22894.403.93$738,004
May 20137,55610,36394.834.15$759,532
Apr 20134,9687,99893.964.28$501,045
Mar 20134,6456,37393.623.91$459,802
Feb 20133421,08691.233.42$34,915

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                  358 bbl  × $ 89.75 =    $32,131
Casinghead gas       817 Mcf  × $  3.15 =     $2,573

────────────────────────────────────────────────────
Month total                                  $34,704

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/43682 is the state's own key, not one this site invented.