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UNIVERSITY 8-4 H

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 50921District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$25.1 M
Jul 2018 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition422,891 bbl$24,250,067
Casinghead gasProduction292,500 Mcf$852,306
Total$25,102,372

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 32.4202, -102.3526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42019, -102.35259 · 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
11,240 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 11,240 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-003475859H11,240 ftJul 2018——

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 (95)

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

95 months

May 20261,6071,484106.413.05$175,521
Apr 20261,3421,45898.932.87$136,948
Mar 20261,5171,95689.753.15$142,311
Feb 20261,6683,56163.503.75$119,273
Jan 20261,8543,58859.138.00$138,324
Dec 20252,0332,28456.664.41$125,270
Nov 20251,9583,36258.593.93$127,920
Oct 20252,1501,61659.383.30$133,008
Sep 20252,0484,48462.743.08$142,288
Aug 20252,0524,50563.933.01$144,766
Jul 20252,3632,86466.743.32$167,201
Jun 20252,3383,47066.483.13$166,287
May 202599393960.553.23$63,161
Apr 20252,3451,50762.363.54$151,574
Mar 20253,6471,85667.704.27$254,824
Feb 20253,2331,83770.884.34$237,129
Jan 202582867974.324.28$64,442
Dec 20242,5292,36268.993.12$181,848
Nov 20244,2563,69369.052.20$301,996
Oct 20246,4165,64871.372.28$470,795
Sep 20246,1114,96269.612.36$437,119
Aug 20241,5913,20575.632.06$126,941
Jul 20242,4916,00579.932.15$211,996
Jun 20243,3711,53378.082.63$267,246
May 20243,50171078.812.20$277,475
Apr 20244,3894,61184.451.66$378,302
Mar 20245,7356,49080.301.55$470,548
Feb 20245,1492,31276.091.78$395,911
Jan 20243,9741,00673.023.30$293,499
Dec 20232,1951,00271.262.61$159,032
Nov 20232,5181,14977.892.81$199,353
Oct 20232,5341,00785.443.09$219,614
Sep 202339814889.042.74$35,843
Aug 202313980.522.67$1,071
Jul 20232474.852.64$160
Jun 20234717868.962.26$3,643
May 20239652,58970.622.23$73,915
Apr 20232,4772,70778.122.24$199,561
Mar 20232,9373,58572.852.39$222,540
Feb 20232,9033,21975.112.47$225,981
Jan 20233,1832,15676.533.39$250,899
Dec 20222,5601,10876.415.73$201,957
Nov 202273677185.005.65$66,913
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022705195108.885.08$77,750
Feb 20221,60659491.054.86$149,112
Jan 20222,40863281.844.54$199,939
Dec 20212,24962971.323.90$162,851
Nov 20211,67456477.435.24$132,571
Oct 20212,2301,41879.795.71$186,034
Sep 20212,5751,25969.865.35$186,626
Aug 20212,7691,48866.024.22$189,090
Jul 20213,1841,06970.783.98$229,620
Jun 20211,82370869.493.38$129,074
May 20213,5851,21663.483.02$231,245
Apr 20213,028060.362.76$182,770
Mar 20213,3331,24061.302.72$207,682
Feb 20212,9271,32857.805.55$176,548
Jan 20213,4132,75550.412.81$179,792
Dec 20203,6513,26944.642.68$171,727
Nov 20204,6824,87838.772.71$194,724
Oct 20204,8919,07136.972.48$203,302
Sep 202046,6664,31937.091.99$1,739,441
Aug 20203,8213,21839.982.39$160,439
Jul 20205,9969,03638.371.83$246,558
Jun 20205,5444,04334.901.69$200,320
May 20202,7221,96816.921.81$49,628
Apr 20204,2313,29314.751.80$68,349
Mar 20205,3094,22130.341.86$168,910
Feb 20204,9466,17949.881.98$258,945
Jan 20206,4757,40557.252.09$386,205
Dec 20196,4177,74559.012.30$396,514
Nov 20195,4444,54255.302.75$313,547
Oct 20195,5844,17053.472.42$308,662
Sep 20195,9932,67755.052.66$337,028
Aug 20196,5732,07053.112.30$353,862
Jul 20196,4191,12756.272.46$363,970
Jun 20196,6701,61052.782.49$356,053
May 20197,2904,43958.482.74$438,483
Apr 20196,7923,98862.632.75$436,353
Mar 20198,9896,84456.803.06$531,532
Feb 20198,6237,36550.852.79$459,044
Jan 201910,9287,03046.033.23$525,710
Dec 20189,8807,96546.594.19$493,646
Nov 201813,42810,73352.934.24$756,222
Oct 201817,60813,51561.443.40$1,127,761
Sep 201823,96812,44259.543.11$1,465,724
Aug 201821,13410,89059.403.07$1,288,754
Jul 20187,7513,73465.142.93$515,848

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                1,607 bbl  × $106.41 =   $171,001
Casinghead gas     1,484 Mcf  × $  3.05 =     $4,520

────────────────────────────────────────────────────
Month total                                 $175,521

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/50921 is the state's own key, not one this site invented.