UNIVERSITY 6-2

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 45188District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
161
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
OilDisposition16,287 bbl$990,241
Casinghead gasProduction18,845 Mcf$61,947
Total$1,052,188

Every month this lease reported (161)

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

161 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 20230075.112.47$0
Jan 20236076.533.39$459
Dec 2022541276.415.73$4,195
Nov 20225710185.005.65$5,415
Oct 20225911987.185.86$5,841
Sep 2022907084.888.16$8,211
Aug 20226510694.529.13$7,111
Jul 20225843101.587.54$6,216
Jun 202259134115.097.98$7,859
May 202268108109.378.43$8,348
Apr 20226664104.226.84$7,316
Mar 20226175108.885.08$7,022
Feb 2022446691.054.86$4,327
Jan 2022529281.844.54$4,673
Dec 202110910571.323.90$8,183
Nov 202111612077.435.24$9,610
Oct 20211149379.795.71$9,627
Sep 2021809869.865.35$6,113
Aug 202113912966.024.22$9,721
Jul 20214613870.783.98$3,805
Jun 20218414269.493.38$6,317
May 20215413063.483.02$3,820
Apr 20213810560.362.76$2,583
Mar 20219112061.302.72$5,904
Feb 2021558157.805.55$3,628
Jan 20216510550.412.81$3,572
Dec 20207210044.642.68$3,482
Nov 20206310738.772.71$2,732
Oct 20206611236.972.48$2,718
Sep 20207011937.091.99$2,833
Aug 20207312839.982.39$3,224
Jul 20206312238.371.83$2,640
Jun 20207712334.901.69$2,895
May 20206712416.921.81$1,359
Apr 20207012614.751.80$1,260
Mar 20209212630.341.86$3,025
Feb 20207012649.881.98$3,741
Jan 20208014357.252.09$4,880
Dec 201911713159.012.30$7,206
Nov 20199914955.302.75$5,885
Oct 201910517053.472.42$6,026
Sep 201911116755.052.66$6,554
Aug 201910522653.112.30$6,097
Jul 20197623656.272.46$4,857
Jun 20198613652.782.49$4,878
May 20191199758.482.74$7,225
Apr 201912215462.632.75$8,064
Mar 201914419456.803.06$8,773
Feb 201912118350.852.79$6,664
Jan 201910122646.033.23$5,379
Dec 201810819046.594.19$5,827
Nov 201816011152.934.24$8,939
Oct 201813421961.443.40$8,977
Sep 2018214259.543.11$1,381
Aug 201811059.403.07$653
Jul 2018625765.142.93$4,206
Jun 201813425760.183.08$8,855
May 20185210765.382.90$3,710
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20182061.782.77$124
Jan 20188662.874.01$527
Dec 20170057.272.92$0
Nov 201756055.423.12$3,104
Oct 201719023049.292.98$10,051
Sep 201727035547.523.09$13,926
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20172050.452.95$101
Jan 201760849.413.42$2,992
Dec 201611420048.763.72$6,303
Nov 201615328442.492.64$7,252
Oct 201625629646.193.09$12,739
Sep 201617031741.553.10$8,046
Aug 201624740141.442.92$11,408
Jul 201625129541.622.92$11,309
Jun 201626026945.352.69$12,513
May 201630139542.521.99$13,585
Apr 201625334136.561.99$9,929
Mar 20168810333.011.79$3,090
Feb 20161146726.472.06$3,156
Jan 201615929427.352.36$5,044
Dec 201513230232.362.00$4,876
Nov 20155828738.792.17$2,872
Oct 201515419643.552.43$7,182
Sep 201520224442.992.76$9,357
Aug 201527532940.162.87$11,989
Jul 201531366748.152.95$17,035
Jun 201528037656.152.88$16,806
May 201532640655.212.96$19,198
Apr 201525835949.822.71$13,825
Mar 201579660642.892.93$35,919
Feb 201547843344.662.98$22,636
Jan 201565636543.433.10$29,622
Dec 201455552254.693.59$32,228
Nov 201449055370.464.25$36,877
Oct 201462753878.303.90$51,193
Sep 201449663686.164.05$45,308
Aug 201499158589.394.04$90,946
Jul 20141,01732796.564.18$99,568
Jun 2014132998.164.74$1,413
May 2014258994.734.73$2,789
Apr 2014163795.944.81$1,713
Mar 2014100495.895.06$9,609
Feb 201417712697.406.19$18,020
Jan 2014372390.404.86$3,457
Dec 2013374191.824.35$3,576
Nov 20136088.853.74$533
Oct 2013158097.423.78$15,392
Sep 20136338104.113.72$6,700
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20131094.403.93$94
May 201313094.834.15$1,233
Apr 20132293.964.28$196
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$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.

Jan 2023 — as filed, then multipliedworked
Oil                    6 bbl  × $ 76.53 =       $459
Casinghead gas         0 Mcf  × $  3.39 =         $0

────────────────────────────────────────────────────
Month total                                     $459

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/45188 is the state's own key, not one this site invented.