UNIVERSITY 6-24

Operated by OVINTIV USA INC. (P-5 628658) 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 49330District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.3 M
Apr 2017 – May 2026
Value, last 12 filed months
$101 k
at the published price for each month
Months reported
110
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
OilDisposition18,675 bbl$1,191,552
Casinghead gasProduction24,689 Mcf$91,000
Total$1,282,552

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 32.4790, -102.2548. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47904, -102.25483 · 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
10,230 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 10,230 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-00340400310,230 ftJun 2008

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 20263610106.413.05$38,414
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026170059.138.00$10,052
Dec 20250056.664.41$0
Nov 2025165058.593.93$9,667
Oct 20250059.383.30$0
Sep 2025162062.743.08$10,164
Aug 2025339063.933.01$21,672
Jul 2025163066.743.32$10,879
Jun 20250066.483.13$0
May 2025164060.553.23$9,930
Apr 2025178062.363.54$11,100
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025338074.324.28$25,120
Dec 20240068.993.12$0
Nov 2024163069.052.20$11,255
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024170075.632.06$12,857
Jul 202454979.932.15$505
Jun 20241642278.082.63$12,863
May 202406578.812.20$143
Apr 202416110184.451.66$13,764
Mar 2024021480.301.55$331
Feb 202417318576.091.78$13,494
Jan 20241748173.023.30$12,973
Dec 2023020071.262.61$522
Nov 20233518077.892.81$27,564
Oct 202305185.443.09$157
Sep 202315819489.042.74$14,599
Aug 2023010280.522.67$273
Jul 2023162074.852.64$12,126
Jun 20231785568.962.26$12,399
May 202337327170.622.23$26,945
Apr 2023021878.122.24$488
Mar 2023020972.852.39$500
Feb 2023029875.112.47$735
Jan 2023038676.533.39$1,308
Dec 202234542276.415.73$28,779
Nov 2022034885.005.65$1,965
Oct 2022043087.185.86$2,521
Sep 202236737384.888.16$34,196
Aug 20223449494.529.13$33,373
Jul 20220319101.587.54$2,406
Jun 2022370351115.097.98$45,383
May 20220369109.378.43$3,112
Apr 20220355104.226.84$2,427
Mar 2022344312108.885.08$39,039
Feb 202235749591.054.86$34,910
Jan 2022037581.844.54$1,702
Dec 202133843971.323.90$25,818
Nov 2021041277.435.24$2,158
Oct 202134040179.795.71$29,420
Sep 202133346369.865.35$25,741
Aug 2021048466.024.22$2,043
Jul 2021045470.783.98$1,808
Jun 202132846669.493.38$24,368
May 202133745863.483.02$22,775
Apr 2021044960.362.76$1,239
Mar 202134146061.302.72$22,153
Feb 2021032957.805.55$1,825
Jan 202133439950.412.81$17,958
Dec 20200044.642.68$0
Nov 2020334038.772.71$12,949
Oct 2020328036.972.48$12,126
Sep 2020330037.091.99$12,240
Aug 20200039.982.39$0
Jul 2020336038.371.83$12,892
Jun 20203283034.901.69$11,498
May 2020039116.921.81$710
Apr 2020012314.751.80$222
Mar 20200030.341.86$0
Feb 202038510049.881.98$19,402
Jan 202036043457.252.09$21,519
Dec 201934246559.012.30$21,253
Nov 2019044955.302.75$1,235
Oct 201935934453.472.42$20,028
Sep 201935135255.052.66$20,258
Aug 2019028653.112.30$659
Jul 201931829856.272.46$18,627
Jun 201933022452.782.49$17,975
May 2019037158.482.74$1,017
Apr 2019039462.632.75$1,084
Mar 20193193756.803.06$18,233
Feb 2019034350.852.79$958
Jan 201935528546.033.23$17,261
Dec 201817033046.594.19$9,302
Nov 201834928052.934.24$19,659
Oct 2018347061.443.40$21,320
Sep 2018036659.543.11$1,138
Aug 201817026259.403.07$10,901
Jul 201867635165.142.93$45,064
Jun 201833540160.183.08$21,394
May 2018038065.382.90$1,102
Apr 201834232763.842.90$22,782
Mar 2018038361.222.79$1,067
Feb 201834235261.782.77$22,102
Jan 201834536062.874.01$23,134
Dec 201734042957.272.92$20,725
Nov 2017044555.423.12$1,388
Oct 201735142049.292.98$18,554
Sep 2017042447.523.09$1,309
Aug 201734344845.373.00$16,908
Jul 201734241143.873.09$16,272
Jun 2017040842.493.09$1,260
May 201729834345.373.26$14,640
Apr 201740040547.933.21$20,473

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                  361 bbl  × $106.41 =    $38,414
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $38,414

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/49330 is the state's own key, not one this site invented.