MineralRecord
Log inSign up

UNIVERSITY 5-38

Operated by OVINTIV USA INC. (P-5 628658) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51095District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$23.5 M
Aug 2018 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
94
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 581 leases and 1,079 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2016-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition375,323 bbl$22,417,935
Casinghead gasProduction295,094 Mcf$1,094,340
Total$23,512,275

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 32.4038, -102.3014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40383, -102.30141 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,979 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
1100.0%
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.
00.0%

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 8,979 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-003477001H8,979 ftAug 2018—Yes

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 (94)

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

94 months

May 20262,5757,831106.413.05$297,858
Apr 20262,944098.932.87$291,250
Mar 20263,310089.753.15$297,073
Feb 20263,2617,17463.503.75$233,978
Jan 20263,8987,87559.138.00$293,472
Dec 20252,3252,71356.664.41$143,708
Nov 20252,3685,17358.593.93$159,053
Oct 20253,2257,29159.383.30$215,596
Sep 20253,7897,79362.743.08$261,700
Aug 20251,7572,90263.933.01$121,074
Jul 20252,0682,35466.743.32$145,822
Jun 20252,2652,83166.483.13$159,435
May 20251,8641,91960.553.23$119,068
Apr 20252,1662,00762.363.54$142,183
Mar 20252,4982,05767.704.27$177,895
Feb 20252,5662,14870.884.34$191,202
Jan 20252,7291,53974.324.28$209,404
Dec 20241,49574268.993.12$105,456
Nov 202461536769.052.20$43,273
Oct 20241,8871,36671.372.28$137,792
Sep 20242,7391,35969.612.36$193,875
Aug 20242,40185675.632.06$183,354
Jul 20241,8011,45379.932.15$147,073
Jun 20241,4621,46878.082.63$118,020
May 20241,29566078.812.20$103,510
Apr 202479440984.451.66$67,732
Mar 202426032780.301.55$21,383
Feb 20247744376.091.78$6,649
Jan 20248124473.023.30$6,719
Dec 202313318371.262.61$9,955
Nov 202382977.892.81$705
Oct 202329385.443.09$2,487
Sep 20230089.042.74$0
Aug 202377080.522.67$6,200
Jul 202391351574.852.64$69,699
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20231,21580978.122.24$96,726
Mar 20232,0631,38672.852.39$153,606
Feb 20232,0221,41775.112.47$155,366
Jan 20232,5821,60576.533.39$203,038
Dec 20221,8531,23976.415.73$148,686
Nov 20222,4741,78385.005.65$220,357
Oct 20222,3161,86487.185.86$212,839
Sep 20222,5782,07484.888.16$235,752
Aug 20223,1532,57794.529.13$321,542
Jul 20223,2492,316101.587.54$347,501
Jun 20223,1612,837115.097.98$386,431
May 20222,6073,235109.378.43$312,408
Apr 20223,307896104.226.84$350,782
Mar 20223,0242,321108.885.08$341,035
Feb 20221,9211,79691.054.86$183,634
Jan 20223,3813,62781.844.54$293,159
Dec 20212,2652,28171.323.90$170,434
Nov 20213,5664,48677.435.24$299,608
Oct 20213,0894,68079.795.71$273,212
Sep 20212,7285,42769.865.35$219,618
Aug 20212,2454,55366.024.22$167,431
Jul 20215,9394,48070.783.98$438,202
Jun 20218,5472,62869.493.38$602,815
May 20214,7521,60163.483.02$306,488
Apr 20218,871060.362.76$535,454
Mar 20216,5261,37061.302.72$403,766
Feb 20213,2701,28657.805.55$196,141
Jan 20217,5536,56450.412.81$399,193
Dec 20207,6207,43744.642.68$360,054
Nov 20206,9937,08338.772.71$290,289
Oct 20206,9674,16236.972.48$267,885
Sep 20207,0434,61737.091.99$270,418
Aug 20206,6234,04439.982.39$274,433
Jul 20206,5894,12638.371.83$260,350
Jun 20206,9963,23634.901.69$249,630
May 20202,946016.921.81$49,846
Apr 20205,529014.751.80$81,553
Mar 20204,199030.341.86$127,398
Feb 20201,2011,68749.881.98$63,247
Jan 20201,2371,68557.252.09$74,348
Dec 20191482,47459.012.30$14,434
Nov 20192,3721,79455.302.75$136,106
Oct 20194,3392,51253.472.42$238,082
Sep 20196,3813,40055.052.66$360,309
Aug 20197,3662,84753.112.30$397,769
Jul 20195,49710456.272.46$309,572
Jun 20198,2232,76452.782.49$440,896
May 20198,98910,19758.482.74$553,620
Apr 20199,98511,40862.632.75$656,741
Mar 201910,67411,38356.803.06$641,139
Feb 201910,80510,80050.852.79$579,590
Jan 201913,32013,04446.033.23$655,228
Dec 201816,76114,69746.594.19$842,408
Nov 201820,35015,07652.934.24$1,141,006
Oct 201822,1859,34861.443.40$1,394,812
Sep 20182,051059.543.11$122,117
Aug 20182059.403.07$119

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                2,575 bbl  × $106.41 =   $274,006
Casinghead gas     7,831 Mcf  × $  3.05 =    $23,852

────────────────────────────────────────────────────
Month total                                 $297,858

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/51095 is the state's own key, not one this site invented.