UNIVERSITY 6-3

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 43846District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.2 M
Mar 2013 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
159
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
OilDisposition31,806 bbl$2,113,238
Casinghead gasProduction34,662 Mcf$112,857
Total$2,226,095

Every month this lease reported (159)

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

159 months

May 20265825106.413.05$6,248
Apr 2026545398.932.87$5,494
Mar 2026353089.753.15$3,236
Feb 2026245263.503.75$1,719
Jan 202628359.138.00$1,680
Dec 202529056.664.41$1,643
Nov 2025511658.593.93$3,051
Oct 2025464159.383.30$2,867
Sep 2025474162.743.08$3,075
Aug 2025466263.933.01$3,128
Jul 2025264666.743.32$1,888
Jun 2025387266.483.13$2,752
May 2025286360.553.23$1,899
Apr 2025613362.363.54$3,921
Mar 2025243267.704.27$1,761
Feb 2025442870.884.34$3,240
Jan 2025472674.324.28$3,604
Dec 2024692868.993.12$4,848
Nov 2024715469.052.20$5,021
Oct 2024657671.372.28$4,812
Sep 2024796969.612.36$5,662
Aug 2024575475.632.06$4,422
Jul 20241538679.932.15$12,414
Jun 2024393678.082.63$3,140
May 2024445178.812.20$3,580
Apr 2024276484.451.66$2,386
Mar 2024326380.301.55$2,667
Feb 2024346176.091.78$2,696
Jan 2024396773.023.30$3,069
Dec 2023564171.262.61$4,098
Nov 2023413377.892.81$3,286
Oct 2023353885.443.09$3,108
Sep 2023326189.042.74$3,016
Aug 2023695580.522.67$5,703
Jul 2023386974.852.64$3,027
Jun 2023656568.962.26$4,629
May 2023778470.622.23$5,625
Apr 202311721478.122.24$9,619
Mar 202317410872.852.39$12,934
Feb 20231157475.112.47$8,820
Jan 202314410376.533.39$11,369
Dec 20221518776.415.73$12,036
Nov 202210511985.005.65$9,597
Oct 202212415887.185.86$11,737
Sep 202220710584.888.16$18,427
Aug 202213815994.529.13$14,495
Jul 202211363101.587.54$11,954
Jun 2022115210115.097.98$14,911
May 2022145164109.378.43$17,242
Apr 202213392104.226.84$14,490
Mar 2022108118108.885.08$12,358
Feb 20227711591.054.86$7,570
Jan 20228712681.844.54$7,692
Dec 202115911971.323.90$11,804
Nov 202114812077.435.24$12,088
Oct 20211419379.795.71$11,782
Sep 2021939869.865.35$7,021
Aug 202118012966.024.22$12,428
Jul 20217113870.783.98$5,575
Jun 202113814069.493.38$10,063
May 202110311163.483.02$6,873
Apr 20217910560.362.76$5,058
Mar 202122013161.302.72$13,842
Feb 202112410257.805.55$7,733
Jan 202112215550.412.81$6,586
Dec 202012213044.642.68$5,794
Nov 202013116538.772.71$5,525
Oct 202016019636.972.48$6,401
Sep 202015319837.091.99$6,069
Aug 202016321139.982.39$7,020
Jul 202013919938.371.83$5,697
Jun 202015416834.901.69$5,659
May 202013918416.921.81$2,686
Apr 202014519014.751.80$2,482
Mar 202020221130.341.86$6,520
Feb 202014820849.881.98$7,794
Jan 202017220557.252.09$10,276
Dec 201928220259.012.30$17,106
Nov 201920123655.302.75$11,764
Oct 201921123753.472.42$11,855
Sep 201926224855.052.66$15,082
Aug 201928431053.112.30$15,798
Jul 201922946056.272.46$14,017
Jun 201922728752.782.49$12,696
May 201919119058.482.74$11,690
Apr 201920527462.632.75$13,593
Mar 201924134156.803.06$14,733
Feb 201925931950.852.79$14,061
Jan 201941140446.033.23$20,223
Dec 201839039946.594.19$19,840
Nov 201836222852.934.24$20,127
Oct 201834944161.443.40$22,941
Sep 201858277359.543.11$37,055
Aug 2018937359.403.07$5,748
Jul 20187915065.142.93$5,586
Jun 201814128160.183.08$9,350
May 201827138165.382.90$18,823
Apr 201817935263.842.90$12,448
Mar 201818537961.222.79$12,382
Feb 201819533561.782.77$12,974
Jan 201837539362.874.01$25,152
Dec 201733740557.272.92$20,483
Nov 201726238855.423.12$15,730
Oct 201732138849.292.98$16,980
Sep 201739438847.523.09$19,921
Aug 201711916545.373.00$5,895
Jul 201712816443.873.09$6,122
Jun 201711615142.493.09$5,395
May 201711211645.373.26$5,460
Apr 2017714847.933.21$3,557
Mar 20174011246.772.98$2,205
Feb 20178821250.452.95$5,066
Jan 20178621249.413.42$4,974
Dec 20167817148.763.72$4,440
Nov 20169121842.492.64$4,443
Oct 201614120746.193.09$7,152
Sep 201612219441.553.10$5,671
Aug 201628931841.442.92$12,906
Jul 201623539341.622.92$10,930
Jun 201624040845.352.69$11,980
May 201633133342.521.99$14,737
Apr 201628837736.561.99$11,280
Mar 201635943833.011.79$12,636
Feb 201645146026.472.06$12,887
Jan 201626547927.352.36$8,380
Dec 201526648632.362.00$9,580
Nov 201511958438.792.17$5,882
Oct 201529846443.552.43$14,104
Sep 201542960942.992.76$20,123
Aug 201545262640.162.87$19,951
Jul 201527551448.152.95$14,755
Jun 201529839056.152.88$17,857
May 201536639255.212.96$21,365
Apr 201519629149.822.71$10,552
Mar 201566051242.892.93$29,810
Feb 201529227344.662.98$13,853
Jan 201527434943.433.10$12,982
Dec 201418828054.693.59$11,287
Nov 201425622570.464.25$18,994
Oct 201430351678.303.90$25,738
Sep 201459880986.164.05$54,796
Aug 20149831,26289.394.04$92,963
Jul 201450538996.564.18$50,389
Jun 201446998.164.74$719
May 2014118994.734.73$1,463
Apr 2014509795.944.81$5,263
Mar 201435828395.895.06$35,760
Feb 201428216997.406.19$28,513
Jan 201495343990.404.86$88,285
Dec 201361016191.824.35$56,711
Nov 201347529688.853.74$43,310
Oct 201358246097.423.78$58,437
Sep 2013850568104.113.72$90,605
Aug 20131,094573104.253.52$116,068
Jul 201375931102.523.72$77,928
Jun 201343733594.403.93$42,570
May 201310012294.834.15$9,989
Apr 2013486293.964.28$4,776
Mar 20130093.623.91$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 2026 — as filed, then multipliedworked
Oil                   58 bbl  × $106.41 =     $6,172
Casinghead gas        25 Mcf  × $  3.05 =        $76

────────────────────────────────────────────────────
Month total                                   $6,248

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/43846 is the state's own key, not one this site invented.