UNIVERSITY FF 4-27

Operated by SABALO II OPERATING, LLC (P-5 741937) 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 45159District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 2014 – May 2026
Value, last 12 filed months
$269 k
at the published price for each month
Months reported
149
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
OilDisposition47,313 bbl$3,039,356
Casinghead gasProduction56,497 Mcf$196,144
Total$3,235,500

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 32.4270, -102.4402. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.42697, -102.44023 · 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
11,285 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 11,273 and 11,297 ft, median 11,285 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2014
2 of 2 wells

2 wells

42-00345270211,297 ftJan 2014
42-00345269111,273 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 (149)

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

149 months

May 2026349177106.413.05$37,676
Apr 202681832398.932.87$81,852
Mar 202612324889.753.15$11,820
Feb 2026966763.503.75$6,347
Jan 20260059.138.00$0
Dec 202535930256.664.41$21,674
Nov 202530253958.593.93$19,811
Oct 202524736759.383.30$15,880
Sep 20252727062.743.08$17,281
Aug 202522818463.933.01$15,131
Jul 202553918566.743.32$36,586
Jun 20256710266.483.13$4,773
May 202526510360.553.23$16,379
Apr 20252456662.363.54$15,512
Mar 20252964667.704.27$20,236
Feb 20252715670.884.34$19,452
Jan 20252883674.324.28$21,558
Dec 2024277168.993.12$19,113
Nov 20242481669.052.20$17,160
Oct 20240071.372.28$0
Sep 20242072469.612.36$14,466
Aug 20241648175.632.06$12,570
Jul 2024774079.932.15$6,240
Jun 20241686978.082.63$13,299
May 202414415378.812.20$11,685
Apr 20241752984.451.66$14,827
Mar 20241005380.301.55$8,112
Feb 20242949176.091.78$22,533
Jan 202416110673.023.30$12,106
Dec 20233127271.262.61$22,421
Nov 202328811277.892.81$22,747
Oct 20231347685.443.09$11,684
Sep 20231929889.042.74$17,364
Aug 20231786680.522.67$14,509
Jul 20232479874.852.64$18,747
Jun 20233649668.962.26$25,318
May 202320012470.622.23$14,400
Apr 202327614978.122.24$21,895
Mar 202342216272.852.39$31,130
Feb 202322020575.112.47$17,030
Jan 20230476.533.39$14
Dec 20220076.415.73$0
Nov 20221635785.005.65$14,177
Oct 202220118887.185.86$18,626
Sep 202243132584.888.16$39,236
Aug 20221,11148894.529.13$109,466
Jul 2022216521101.587.54$25,871
Jun 20227248115.097.98$8,669
May 202210515109.378.43$11,610
Apr 2022114297104.226.84$13,912
Mar 2022394379108.885.08$44,823
Feb 2022334091.054.86$3,199
Jan 2022619781.844.54$5,432
Dec 20213137071.323.90$3,654
Nov 2021613077.435.24$4,880
Oct 2021967079.795.71$8,060
Sep 2021127069.865.35$8,872
Aug 20213066366.024.22$20,468
Jul 202127219770.783.98$20,037
Jun 202115619869.493.38$11,510
May 2021103063.483.02$6,538
Apr 2021984060.362.76$59,394
Mar 202137941561.302.72$24,360
Feb 202112020957.805.55$8,096
Jan 202143248450.412.81$23,137
Dec 202025846244.642.68$12,753
Nov 202025831138.772.71$10,844
Oct 202029442936.972.48$11,932
Sep 202024845037.091.99$10,094
Aug 202026851139.982.39$11,933
Jul 202032244038.371.83$13,158
Jun 202013516634.901.69$4,992
May 202023330316.921.81$4,492
Apr 202021623214.751.80$3,605
Mar 202028756030.341.86$9,747
Feb 202019339249.881.98$10,403
Jan 202037561357.252.09$22,753
Dec 201931559359.012.30$19,955
Nov 201926350755.302.75$15,939
Oct 201935261553.472.42$20,309
Sep 201926831455.052.66$15,588
Aug 201923634353.112.30$13,324
Jul 201922944256.272.46$13,973
Jun 201921353152.782.49$12,565
May 201925752558.482.74$16,468
Apr 201921452462.632.75$14,844
Mar 201920750456.803.06$13,301
Feb 201927956250.852.79$15,756
Jan 201928264946.033.23$15,076
Dec 201811660246.594.19$7,924
Nov 201852518852.934.24$28,585
Oct 201848155861.443.40$31,449
Sep 201825250259.543.11$16,564
Aug 201831564759.403.07$20,695
Jul 201833673365.142.93$24,036
Jun 201828968660.183.08$19,503
May 201835672665.382.90$25,381
Apr 201843373963.842.90$29,786
Mar 201836578561.222.79$24,533
Feb 201829344561.782.77$19,332
Jan 201816433862.874.01$11,666
Dec 201723136957.272.92$14,307
Nov 201730650755.423.12$18,540
Oct 201715413649.292.98$7,996
Sep 201721717947.523.09$10,864
Aug 201728328745.373.00$13,702
Jul 201732530743.873.09$15,206
Jun 201744358542.493.09$20,629
May 201746958045.373.26$23,171
Apr 201753458347.933.21$27,467
Mar 201765157746.772.98$32,169
Feb 201750150450.452.95$26,764
Jan 201748531549.413.42$25,041
Dec 201650722948.763.72$25,574
Nov 201665664442.492.64$29,576
Oct 201667241746.193.09$32,328
Sep 201656672041.553.10$25,750
Aug 201651879941.442.92$23,802
Jul 201669087641.622.92$31,280
Jun 20168213945.352.69$4,092
May 201634751642.521.99$15,782
Apr 201625853236.561.99$10,492
Mar 201627353733.011.79$9,975
Feb 201626755026.472.06$8,202
Jan 201630558127.352.36$9,715
Dec 201524436032.362.00$8,616
Nov 201533253038.792.17$14,027
Oct 201549963243.552.43$23,265
Sep 201544458842.992.76$20,710
Aug 201537364540.162.87$16,832
Jul 201539946148.152.95$20,570
Jun 201551149256.152.88$30,111
May 201548078755.212.96$28,827
Apr 2015618949.822.71$3,280
Mar 20150042.892.93$0
Feb 201545044.662.98$2,010
Jan 201535647543.433.10$16,934
Dec 201443657454.693.59$25,906
Nov 201450056970.464.25$37,649
Oct 201454863678.303.90$45,389
Sep 201456753586.164.05$51,017
Aug 201456967189.394.04$53,570
Jul 201471284096.564.18$72,262
Jun 201462388798.164.74$65,355
May 20149231,10594.734.73$92,659
Apr 20148111,32995.944.81$84,199
Mar 20146832,07295.895.06$75,971
Feb 20141,0022,23797.406.19$111,446
Jan 20147471,30090.404.86$73,848

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                  349 bbl  × $106.41 =    $37,137
Casinghead gas       177 Mcf  × $  3.05 =       $539

────────────────────────────────────────────────────
Month total                                  $37,676

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/45159 is the state's own key, not one this site invented.