UNIVERSITY 7-1726

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 47848District 08Field 85280300OilCasinghead gasSave
Value, all time
$176.3 M
Aug 2015 – May 2026
Value, last 12 filed months
$7.4 M
at the published price for each month
Months reported
130
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,977,944 bbl$160,573,476
Casinghead gasProduction4,943,242 Mcf$15,752,624
Total$176,326,100

Wells on this lease (9)

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 32.3888, -102.1988. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.38878, -102.19877 · 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 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
9,500 ft
9 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.
9100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 9,500 ft, with the middle half between 9,359 and 9,512 ft; the shallowest is 8,848 ft and the deepest 9,568 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s

Last completion by decade, 9 of 9 wells, Aug 2015 – Sep 2016. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 2015 – Sep 2016
9 of 9 wells

9 wells

42-31740420S 11SS9,568 ftSep 2016
42-31740421S 13SS9,378 ftSep 2016
42-31740415S 06SS9,500 ftAug 2016
42-31740416S 07SS9,359 ftAug 2016
42-31740417S 08SS9,512 ftAug 2016
42-31740392S 03SS9,501 ftJun 2016
42-31740393S 04SS9,342 ftJun 2016
42-00347167S 16SS9,559 ftAug 2015
42-00347168S 16MS8,848 ftAug 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 (130)

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

130 months

May 20267,59529,472106.413.05$897,951
Apr 20268,19130,42398.932.87$897,641
Mar 20267,69629,28989.753.15$782,960
Feb 20266,69523,95963.503.75$514,986
Jan 20268,23027,65359.138.00$707,806
Dec 20256,40724,76356.664.41$472,309
Nov 20257,24425,64158.593.93$525,104
Oct 20257,31624,62459.383.30$515,802
Sep 20256,50625,25762.743.08$485,900
Aug 20256,53627,05563.933.01$499,411
Jul 20256,31326,52666.743.32$509,269
Jun 20257,78832,22466.483.13$618,566
May 20257,38931,29660.553.23$548,563
Apr 20257,38529,15162.363.54$563,814
Mar 20257,62529,82767.704.27$643,524
Feb 20255,27222,79270.884.34$472,616
Jan 20259,88732,90074.324.28$875,570
Dec 202410,51134,74668.993.12$833,609
Nov 202410,38834,58769.052.20$793,329
Oct 202410,29736,27271.372.28$817,648
Sep 20249,75733,12169.612.36$757,495
Aug 20249,82136,48375.632.06$818,050
Jul 20249,92035,05079.932.15$868,144
Jun 20249,99334,16378.082.63$870,238
May 202410,15036,71178.812.20$880,628
Apr 202410,57036,70484.451.66$953,536
Mar 202412,50639,17280.301.55$1,064,758
Feb 202412,35137,56776.091.78$1,006,794
Jan 202410,98033,85973.023.30$913,415
Dec 202312,93238,21371.262.61$1,021,298
Nov 202311,83235,04677.892.81$1,019,988
Oct 202312,35035,03685.443.09$1,163,350
Sep 202312,42033,42789.042.74$1,197,301
Aug 202311,01131,56480.522.67$970,973
Jul 20238,41824,01974.852.64$693,541
Jun 20239,28824,68168.962.26$696,242
May 20238,71922,36670.622.23$665,554
Apr 20237,73619,14778.122.24$647,183
Mar 20239,99825,32972.852.39$788,971
Feb 202310,89322,41875.112.47$873,449
Jan 20239,39715,86276.533.39$772,888
Dec 202213,34931,67876.415.73$1,201,483
Nov 202212,70830,96385.005.65$1,255,003
Oct 202212,26727,84587.185.86$1,232,713
Sep 202211,85625,72184.888.16$1,216,315
Aug 202210,20228,02694.529.13$1,220,091
Jul 202210,92226,229101.587.54$1,307,278
Jun 20229,45718,955115.097.98$1,239,614
May 202212,62327,366109.378.43$1,611,356
Apr 202211,49025,681104.226.84$1,373,084
Mar 202210,51221,952108.885.08$1,255,984
Feb 202211,68124,85991.054.86$1,184,341
Jan 202213,14023,55981.844.54$1,182,281
Dec 202112,68127,60771.323.90$1,012,052
Nov 202113,54528,64077.435.24$1,198,773
Oct 202113,86126,90679.795.71$1,259,707
Sep 202113,05625,81869.865.35$1,050,242
Aug 202114,46226,52466.024.22$1,066,728
Jul 202112,55120,56870.783.98$970,263
Jun 202112,95817,99369.493.38$961,279
May 202112,79020,60763.483.02$874,094
Apr 20218,73117,97360.362.76$576,580
Mar 202111,45919,26861.302.72$754,787
Feb 202110,21017,71457.805.55$688,414
Jan 202112,46322,28450.412.81$690,884
Dec 202014,18426,44544.642.68$703,926
Nov 202016,38630,53138.772.71$717,920
Oct 202017,05331,99536.972.48$709,747
Sep 202016,85129,44037.091.99$683,620
Aug 202016,89326,87539.982.39$739,482
Jul 202016,75429,75838.371.83$697,163
Jun 202014,92328,30234.901.69$568,652
May 202016,19227,54616.921.81$323,958
Apr 202012,02325,46814.751.80$223,293
Mar 202012,42924,35130.341.86$422,297
Feb 202015,98830,29049.881.98$857,476
Jan 202018,31234,99957.252.09$1,121,676
Dec 201921,06238,73659.012.30$1,332,130
Nov 201920,11838,06955.302.75$1,217,242
Oct 201920,71341,07653.472.42$1,206,868
Sep 201920,60340,71655.052.66$1,242,389
Aug 201921,79440,97853.112.30$1,251,907
Jul 201921,83043,19356.272.46$1,334,631
Jun 201923,66849,50852.782.49$1,372,531
May 201926,22753,46158.482.74$1,680,255
Apr 201923,55241,17362.632.75$1,588,316
Mar 201923,34438,43056.803.06$1,443,616
Feb 201921,79235,80850.852.79$1,208,107
Jan 201924,01736,25646.033.23$1,222,543
Dec 201826,59739,85446.594.19$1,405,961
Nov 201825,47938,48952.934.24$1,511,691
Oct 201828,19241,99861.443.40$1,874,829
Sep 201826,87242,89259.543.11$1,733,267
Aug 201826,95741,76959.403.07$1,729,333
Jul 201828,17942,17565.142.93$1,959,232
Jun 201829,25144,69960.183.08$1,897,860
May 201831,91747,14665.382.90$2,223,495
Apr 201830,84144,09263.842.90$2,096,792
Mar 201832,83247,59961.222.79$2,142,626
Feb 201831,28341,71661.782.77$2,048,055
Jan 201832,32742,01262.874.01$2,200,838
Dec 201734,70843,88857.272.92$2,115,947
Nov 201735,69151,58555.423.12$2,138,856
Oct 201739,68761,64649.292.98$2,140,104
Sep 201741,21660,33347.523.09$2,144,849
Aug 201741,12662,92445.373.00$2,054,935
Jul 201749,93474,00343.873.09$2,419,073
Jun 201745,65167,35242.493.09$2,147,645
May 201745,58669,95945.373.26$2,296,541
Apr 201753,83080,57947.933.21$2,838,859
Mar 201759,15786,94446.772.98$3,026,186
Feb 201762,17986,72150.452.95$3,392,983
Jan 201779,409105,80149.413.42$4,285,311
Dec 201687,103102,63248.763.72$4,629,224
Nov 2016100,805109,50942.492.64$4,572,785
Oct 2016126,649120,14946.193.09$6,221,209
Sep 2016137,064115,32541.553.10$6,052,589
Aug 201673,31866,31041.442.92$3,232,211
Jul 201659,23059,07741.622.92$2,637,914
Jun 201641,08343,64245.352.69$1,980,329
May 201623,25534,34742.521.99$1,057,189
Apr 201624,34433,34236.561.99$956,402
Mar 201625,38333,73233.011.79$898,408
Feb 201627,38531,18426.472.06$789,233
Jan 201632,00235,89827.352.36$960,131
Dec 201535,87433,77232.362.00$1,228,474
Nov 201539,52935,23538.792.17$1,609,696
Oct 201546,31235,38643.552.43$2,102,755
Sep 201534,87828,21942.992.76$1,577,245
Aug 20152,8342,77240.162.87$121,776

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                7,595 bbl  × $106.41 =   $808,184
Casinghead gas    29,472 Mcf  × $  3.05 =    $89,767

────────────────────────────────────────────────────
Month total                                 $897,951

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/47848 is the state's own key, not one this site invented.