UNIVERSITY 7-2730

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 48980District 08Field 85280300OilCasinghead gasSave
Value, all time
$319.8 M
Apr 2017 – May 2026
Value, last 12 filed months
$10.6 M
at the published price for each month
Months reported
110
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
OilDisposition4,811,484 bbl$271,982,782
Casinghead gasProduction14,729,587 Mcf$47,844,139
Total$319,826,921

Wells on this lease (24)

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 32.3821, -102.1776. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

32.38203, -102.17806 · 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 24 wells
With a plug date
0.0%
0 of 24 wells
Median depth
9,405 ft
24 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.
24100.0%

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, 24 of 24 wells. Median 9,405 ft, with the middle half between 8,779 and 9,484 ft; the shallowest is 8,156 ft and the deepest 9,597 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
20s

Last completion by decade, 24 of 24 wells, Apr 2017 – Feb 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 2017 – Feb 2023
24 of 24 wells

24 wells

42-31740611N 14MA8,688 ftFeb 2023
42-31740542N 06MB8,779 ftAug 2021
42-31740612N 15SC9,597 ftOct 2017
42-31740614N 16SA9,415 ftOct 2017
42-31740613N 16MB8,803 ftOct 2017
42-31740609S 12MB8,825 ftOct 2017
42-31740610S 13SA9,422 ftOct 2017
42-31740608S 12SC9,582 ftOct 2017
42-31740607S 11SA9,434 ftOct 2017
42-31740601N 11MA8,714 ftJun 2017
42-31740600N 10SC9,596 ftJun 2017
42-31740598N 09SA9,408 ftJun 2017
42-31740599N 09MB8,801 ftJun 2017
42-31740597S 08SC9,542 ftJun 2017
42-31740595S 07SB9,464 ftJun 2017
42-31740596S 07MA8,688 ftJun 2017
42-31740594S 06SA9,401 ftJun 2017
42-31740529S 02MB8,779 ftMay 2017
42-31740544N 05SC9,587 ftMay 2017
42-31740543N 04SB9,457 ftMay 2017
42-31740547N 04MA8,692 ftApr 2017
42-31740530S 02SC9,556 ftApr 2017
42-31740532S 03SA9,381 ftApr 2017
42-31740531S 02LD8,156 ftApr 2017

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 (110)

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

110 months

May 20267,69384,797106.413.05$1,076,890
Apr 20267,95882,00198.932.87$1,022,605
Mar 20268,68181,80989.753.15$1,036,772
Feb 20267,52179,87863.503.75$777,152
Jan 20267,71492,10859.138.00$1,192,801
Dec 20258,65792,58556.664.41$899,117
Nov 20259,03377,86058.593.93$834,956
Oct 20259,98884,80659.383.30$873,358
Sep 20257,28883,20362.743.08$713,258
Aug 20258,06385,73463.933.01$773,935
Jul 20257,10777,89966.743.32$732,572
Jun 20257,40357,64466.483.13$672,503
May 20258,18467,36960.553.23$713,299
Apr 20257,27463,70762.363.54$679,328
Mar 20257,50674,58767.704.27$826,517
Feb 20257,13073,59870.884.34$824,852
Jan 20259,56486,40974.324.28$1,080,513
Dec 202410,34385,59468.993.12$980,734
Nov 20247,87264,40569.052.20$685,152
Oct 20249,12175,98471.372.28$824,316
Sep 20246,51770,70269.612.36$620,813
Aug 20247,86480,03375.632.06$759,913
Jul 20249,06685,11679.932.15$907,355
Jun 20249,61780,02878.082.63$961,688
May 202411,06785,78478.812.20$1,060,781
Apr 202412,09298,68484.451.66$1,184,906
Mar 202411,915104,43480.301.55$1,118,139
Feb 20249,97587,88476.091.78$915,751
Jan 20248,25074,10273.023.30$846,778
Dec 20239,43468,72371.262.61$851,683
Nov 20239,93371,09977.892.81$973,296
Oct 202310,12286,06085.443.09$1,130,515
Sep 202310,82186,26189.042.74$1,199,429
Aug 202312,38099,63180.522.67$1,263,139
Jul 202312,98896,87074.852.64$1,228,063
Jun 202310,41895,24668.962.26$933,536
May 202312,112100,78470.622.23$1,079,836
Apr 202314,511103,67078.122.24$1,365,588
Mar 202316,720103,61772.852.39$1,466,024
Feb 202311,32275,22075.112.47$1,035,864
Jan 202310,10189,00376.533.39$1,074,547
Dec 202212,04693,30176.415.73$1,454,964
Nov 202213,673101,02585.005.65$1,732,612
Oct 202217,169116,89987.185.86$2,182,261
Sep 202217,02464,09684.888.16$1,968,256
Aug 202217,246115,23794.529.13$2,681,878
Jul 202217,350111,831101.587.54$2,605,851
Jun 202218,013111,684115.097.98$2,964,042
May 202218,647106,019109.378.43$2,933,485
Apr 202218,64895,073104.226.84$2,593,566
Mar 202220,332110,854108.885.08$2,776,487
Feb 202213,15477,66191.054.86$1,575,014
Jan 202211,83468,67481.844.54$1,280,115
Dec 202113,40193,48871.323.90$1,320,280
Nov 202114,749100,42877.435.24$1,667,941
Oct 202117,445107,46279.795.71$2,005,960
Sep 202118,682104,00369.865.35$1,861,636
Aug 20217,06264,11666.024.22$736,841
Jul 202113,44893,85270.783.98$1,325,576
Jun 202118,603114,93969.493.38$1,681,288
May 202124,107132,56163.483.02$1,930,338
Apr 20218,49969,89160.362.76$705,788
Mar 202122,538135,53161.302.72$1,749,809
Feb 202117,451117,07857.805.55$1,658,211
Jan 202122,470137,49550.412.81$1,519,111
Dec 202029,482170,62044.642.68$1,772,563
Nov 202029,797174,16438.772.71$1,626,617
Oct 202033,173187,86236.972.48$1,692,009
Sep 202030,505174,85037.091.99$1,479,564
Aug 202034,279191,17439.982.39$1,826,444
Jul 202036,162204,23838.371.83$1,760,295
Jun 202033,562187,18334.901.69$1,487,711
May 202036,686192,26316.921.81$969,636
Apr 202030,744173,70214.751.80$766,898
Mar 202039,715203,61830.341.86$1,582,915
Feb 202036,736186,60049.881.98$2,201,985
Jan 202042,544204,79357.252.09$2,864,632
Dec 201943,940198,21859.012.30$3,049,665
Nov 201945,127188,22455.302.75$3,013,271
Oct 201945,212188,86753.472.42$2,874,268
Sep 201946,770180,36955.052.66$3,053,979
Aug 201948,798181,97253.112.30$3,010,991
Jul 201951,683192,04756.272.46$3,380,650
Jun 201954,443176,92752.782.49$3,314,262
May 201956,920187,64458.482.74$3,842,886
Apr 201956,628176,74662.632.75$4,032,787
Mar 201959,879178,77256.803.06$3,948,545
Feb 201949,480130,84550.852.79$2,881,406
Jan 201960,186159,52846.033.23$3,285,347
Dec 201871,178194,21046.594.19$4,129,037
Nov 201872,249194,45952.934.24$4,648,109
Oct 201883,064195,41561.443.40$5,767,488
Sep 201886,004195,48959.543.11$5,728,258
Aug 201896,131224,78359.403.07$6,399,492
Jul 2018110,770229,89065.142.93$7,889,568
Jun 2018110,330208,68260.183.08$7,281,757
May 2018122,869210,26465.382.90$8,643,109
Apr 201891,324160,06763.842.90$6,294,447
Mar 2018116,231189,42161.222.79$7,643,548
Feb 2018140,554209,04761.782.77$9,261,675
Jan 2018190,675239,75862.874.01$12,949,004
Dec 2017258,546337,52057.272.92$15,793,001
Nov 2017291,832325,45155.423.12$17,188,203
Oct 2017157,145224,32649.292.98$8,414,994
Sep 2017142,140230,24347.523.09$7,465,317
Aug 2017216,133296,98245.373.00$10,698,207
Jul 2017319,323336,99043.873.09$15,049,083
Jun 2017192,512177,23942.493.09$8,727,021
May 2017115,49693,19645.373.26$5,544,189
Apr 20179,6116,80347.933.21$482,504

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                7,693 bbl  × $106.41 =   $818,612
Casinghead gas    84,797 Mcf  × $  3.05 =   $258,278

────────────────────────────────────────────────────
Month total                               $1,076,890

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/48980 is the state's own key, not one this site invented.