UNIVERSITY 'DC' LEASE

Operated by HILCORP ENERGY COMPANY (P-5 386310) 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 46463District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.2 M
Mar 2015 – May 2026
Value, last 12 filed months
$146 k
at the published price for each month
Months reported
135
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
OilDisposition37,794 bbl$2,087,649
Casinghead gasProduction37,645 Mcf$113,424
Total$2,201,073

Wells on this lease (1)

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 32.4846, -102.4018. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48460, -102.40179 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,713 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 9,713 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-003469621H9,713 ftApr 2015

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 (135)

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

135 months

May 2026145275106.413.05$16,267
Apr 202614620998.932.87$15,044
Mar 202615722389.753.15$14,793
Feb 202615023863.503.75$10,418
Jan 202610823159.138.00$8,234
Dec 202515728156.664.41$10,136
Nov 202514424558.593.93$9,399
Oct 202519931159.383.30$12,844
Sep 202515618662.743.08$10,360
Aug 202525236063.933.01$17,196
Jul 202522518866.743.32$15,640
Jun 2025825166.483.13$5,611
May 2025151460.553.23$954
Apr 202545062.363.54$2,806
Mar 2025929867.704.27$6,647
Feb 202516814870.884.34$12,550
Jan 202512314174.324.28$9,745
Dec 20249711068.993.12$7,035
Nov 202418632669.052.20$13,560
Oct 202418529271.372.28$13,870
Sep 202426031469.612.36$18,841
Aug 202421930775.632.06$17,197
Jul 20241096079.932.15$8,841
Jun 202422818878.082.63$18,297
May 2024515978.812.20$4,149
Apr 202441123084.451.66$35,091
Mar 20240180.301.55$2
Feb 20240476.091.78$7
Jan 202420732773.023.30$16,193
Dec 202319137471.262.61$14,587
Nov 202330720777.892.81$24,493
Oct 202310812385.443.09$9,607
Sep 202320816789.042.74$18,977
Aug 202316080.522.67$1,288
Jul 20231828774.852.64$13,853
Jun 2023362668.962.26$2,541
May 2023988770.622.23$7,115
Apr 202318514678.122.24$14,779
Mar 202313321272.852.39$10,196
Feb 202310819175.112.47$8,583
Jan 202318020276.533.39$14,460
Dec 202210310276.415.73$8,455
Nov 2022654985.005.65$5,802
Oct 2022272487.185.86$2,495
Sep 2022271184.888.16$2,382
Aug 20229316194.529.13$10,260
Jul 2022161158101.587.54$17,546
Jun 2022135154115.097.98$16,766
May 2022239117109.378.43$27,126
Apr 20223620104.226.84$3,889
Mar 2022109183108.885.08$12,797
Feb 202214614391.054.86$13,988
Jan 202218113781.844.54$15,435
Dec 202115310071.323.90$11,302
Nov 202114610877.435.24$11,870
Oct 202114212579.795.71$12,044
Sep 20211187369.865.35$8,634
Aug 20211759766.024.22$11,963
Jul 20211029170.783.98$7,582
Jun 202126418969.493.38$18,984
May 20211966763.483.02$12,644
Apr 202128410860.362.76$17,440
Mar 202115515561.302.72$9,923
Feb 202122412157.805.55$13,619
Jan 202128914050.412.81$14,962
Dec 20201094044.642.68$4,973
Nov 202035316738.772.71$14,138
Oct 20204444136.972.48$16,516
Sep 20203637637.091.99$13,615
Aug 202038718439.982.39$15,911
Jul 202038535238.371.83$15,415
Jun 202037949034.901.69$14,055
May 202020057216.921.81$4,422
Apr 20201386614.751.80$2,155
Mar 202030219630.341.86$9,527
Feb 202028613749.881.98$14,537
Jan 202032827457.252.09$19,352
Dec 201944546459.012.30$27,329
Nov 201924757455.302.75$15,238
Oct 201931247353.472.42$17,827
Sep 201929677555.052.66$18,354
Aug 201942371953.112.30$24,122
Jul 201937550056.272.46$22,331
Jun 201945630152.782.49$24,818
May 201951086758.482.74$32,201
Apr 201935244362.632.75$23,264
Mar 201916527356.803.06$10,208
Feb 201936450.852.79$1,842
Jan 20192227146.033.23$10,448
Dec 201829228446.594.19$14,793
Nov 201826736052.934.24$15,658
Oct 201830891861.443.40$22,043
Sep 20183681,00659.543.11$25,037
Aug 201831473359.403.07$20,899
Jul 201832381265.142.93$23,421
Jun 20183711,11760.183.08$25,764
May 201852064265.382.90$35,860
Apr 201846141763.842.90$30,640
Mar 201852838061.222.79$33,383
Feb 201859843561.782.77$38,148
Jan 201845739062.874.01$30,295
Dec 201758977157.272.92$35,985
Nov 201756459255.423.12$33,103
Oct 201740326349.292.98$20,649
Sep 20171888847.523.09$9,205
Aug 201724820545.373.00$11,868
Jul 201729743843.873.09$14,382
Jun 201719623142.493.09$9,041
May 201721831345.373.26$10,912
Apr 201726627947.933.21$13,645
Mar 201728924846.772.98$14,256
Feb 201733731050.452.95$17,917
Jan 201741836749.413.42$21,908
Dec 201623422148.763.72$12,233
Nov 201632325842.492.64$14,407
Oct 20162859646.193.09$13,461
Sep 201634212341.553.10$14,591
Aug 201637020741.442.92$15,938
Jul 201641618941.622.92$17,867
Jun 201637818745.352.69$17,645
May 201661129642.521.99$26,569
Apr 201644436936.561.99$16,967
Mar 201638515333.011.79$12,983
Feb 201658838626.472.06$16,361
Jan 201651230427.352.36$14,722
Dec 201547046232.362.00$16,134
Nov 201555345238.792.17$22,431
Oct 201570353843.552.43$31,921
Sep 201563533142.992.76$28,212
Aug 201555340740.162.87$23,378
Jul 201580361348.152.95$40,470
Jun 20151,06182456.152.88$61,951
May 20151,6701,22555.212.96$95,821
Apr 201548647449.822.71$25,495
Mar 20150042.892.93$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                  145 bbl  × $106.41 =    $15,429
Casinghead gas       275 Mcf  × $  3.05 =       $838

────────────────────────────────────────────────────
Month total                                  $16,267

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/46463 is the state's own key, not one this site invented.