UNIVERSITY 7-28 PU

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 51198District 08Field 85280300OilCasinghead gasSave
Value, all time
$244.2 M
May 2018 – May 2026
Value, last 12 filed months
$15.6 M
at the published price for each month
Months reported
93
4 months not filed
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
OilDisposition3,821,437 bbl$225,542,851
Casinghead gasProduction5,543,481 Mcf$18,702,635
Total$244,245,486

Wells on this lease (6)

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 32.3757, -102.1582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.37557, -102.15855 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
9,542 ft
6 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.
6100.0%

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

Between 9,525 and 9,550 ft, median 9,542 ft, over the 6 wells that filed a depth.

Completions filed
Oct 2018
6 of 6 wells

6 wells

42-31741267103H9,550 ftOct 2018
42-31741265101H9,545 ftOct 2018
42-31741268216H9,531 ftOct 2018
42-31741270218H9,538 ftOct 2018
42-31741266102H9,546 ftOct 2018
42-31741269217H9,525 ftOct 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 (93)

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

93 months

May 202615,19247,378106.413.05$1,760,887
Apr 202615,81148,85098.932.87$1,704,368
Mar 202615,63244,58689.753.15$1,543,393
Feb 20268,65222,20763.503.75$632,685
Jan 20268,78027,58459.138.00$739,776
Dec 202515,97051,05356.664.41$1,130,175
Nov 202515,18241,24558.593.93$1,051,459
Oct 202516,17748,30759.383.30$1,120,237
Sep 202519,35860,22262.743.08$1,399,819
Aug 202519,84361,71963.933.01$1,454,631
Jul 202519,76855,41066.743.32$1,503,012
Jun 202520,32054,05266.483.13$1,519,987
May 202519,63749,91760.553.23$1,350,368
Apr 202520,95150,93762.363.54$1,486,980
Mar 202514,98235,97767.704.27$1,167,843
Feb 202516,41936,94570.884.34$1,324,151
Jan 202517,79435,70174.324.28$1,475,203
Dec 202419,54541,94868.993.12$1,479,345
Nov 202417,29729,49969.052.20$1,259,210
Oct 202413,71923,20771.372.28$1,032,069
Sep 202413,41625,17669.612.36$993,413
Aug 202414,44727,15475.632.06$1,148,662
Jul 202415,36533,79679.932.15$1,300,671
Jun 202413,68924,16178.082.63$1,132,477
May 202416,33925,00578.812.20$1,342,649
Apr 202419,03831,50484.451.66$1,660,031
Mar 202417,89831,26780.301.55$1,485,521
Feb 202414,12023,13576.091.78$1,115,655
Jan 202419,50831,49373.023.30$1,528,327
Dec 202322,06136,03571.262.61$1,666,144
Nov 202321,91134,32577.892.81$1,803,017
Oct 202319,00030,82485.443.09$1,718,522
Sep 202316,81123,21989.042.74$1,560,356
Aug 202318,01918,83880.522.67$1,501,242
Jul 202316,75020,67174.852.64$1,308,346
Jun 202318,34825,19468.962.26$1,322,178
May 202318,93230,15170.622.23$1,404,136
Apr 202315,85429,25578.122.24$1,303,980
Mar 202315,2399,63672.852.39$1,133,222
Feb 20238,2868,25475.112.47$642,713
Jan 202310,54018,74676.533.39$870,132
Dec 202216,21433,32576.415.73$1,429,833
Nov 202217,83238,18085.005.65$1,731,292
Oct 202220,88743,43087.185.86$2,075,592
Sep 202220,36339,48684.888.16$2,050,763
Aug 202220,50336,16194.529.13$2,267,991
Jul 202223,46840,983101.587.54$2,692,977
Jun 202222,84436,581115.097.98$2,920,930
May 202224,37837,072109.378.43$2,978,852
Apr 202224,63037,290104.226.84$2,821,913
Mar 202221,59533,121108.885.08$2,519,399
Feb 202220,06934,84991.054.86$1,996,608
Jan 202228,35749,07081.844.54$2,543,401
Dec 202130,91078,58571.323.90$2,510,914
Nov 202132,18458,62077.435.24$2,798,991
Oct 202135,59183,28179.795.71$3,315,663
Sep 202136,81683,70269.865.35$3,019,848
Aug 202140,59589,48566.024.22$3,057,761
Jul 202140,29076,80470.783.98$3,157,566
Jun 202137,66370,69369.493.38$2,856,188
May 202140,67871,59263.483.02$2,798,280
Apr 202140,97464,41260.362.76$2,650,866
Mar 202136,34155,81561.302.72$2,379,349
Feb 202123,81743,60957.805.55$1,618,563
Jan 202147,40386,51050.412.81$2,632,702
Dec 202047,35579,10444.642.68$2,325,567
Nov 202045,07169,34238.772.71$1,935,082
Oct 202046,05870,26436.972.48$1,876,909
Sep 202044,90963,08437.091.99$1,791,278
Aug 202049,56161,40639.982.39$2,127,908
Jul 202035,88144,03938.371.83$1,457,130
Jun 202046,49559,83334.901.69$1,723,812
May 202044,52257,95616.921.81$858,488
Apr 202043,36957,33214.751.80$743,141
Mar 202058,46480,91130.341.86$1,923,987
Feb 202046,54363,21349.881.98$2,446,769
Jan 202062,80182,87257.252.09$3,768,953
Dec 201965,27294,50659.012.30$4,069,477
Nov 201962,48591,97855.302.75$3,708,424
Oct 201967,98598,13053.472.42$3,872,489
Sep 201977,227112,27655.052.66$4,549,695
Aug 201989,279126,93453.112.30$5,034,109
Jul 201994,060121,44456.272.46$5,591,516
Jun 2019101,219129,61452.782.49$5,665,233
May 2019117,760142,71658.482.74$7,277,692
Apr 2019119,665134,69662.632.75$7,865,127
Mar 2019142,114159,14856.803.06$8,559,402
Feb 2019154,749155,31850.852.79$8,302,669
Jan 2019199,266179,77846.033.23$9,752,570
Dec 2018227,924192,47646.594.19$11,424,576
Nov 2018232,065188,60752.934.24$13,082,374
Oct 2018118,33699,26561.443.40$7,607,874
May 20180065.382.90$0

Not filed, and not zero: Jun 2018 – Sep 2018 (4 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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               15,192 bbl  × $106.41 = $1,616,581
Casinghead gas    47,378 Mcf  × $  3.05 =   $144,306

────────────────────────────────────────────────────
Month total                               $1,760,887

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/51198 is the state's own key, not one this site invented.