UNIVERSITY 5-38 A

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 53878District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$31.0 M
Dec 2019 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
78
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 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
OilDisposition522,075 bbl$29,712,009
Casinghead gasProduction347,442 Mcf$1,247,291
Total$30,959,300

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 32.4026, -102.3019. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40263, -102.30191 · 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
9,608 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 9,608 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-003480382H9,608 ftDec 2019Yes

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 (78)

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

78 months

May 20263,6322,743106.413.05$394,836
Apr 20263,530098.932.87$349,223
Mar 20263,929089.753.15$352,628
Feb 20263,7712,12163.503.75$247,413
Jan 20264,4512,65859.138.00$284,446
Dec 20254,5783,11056.664.41$273,115
Nov 20254,5782,84058.593.93$279,376
Oct 20254,6652,54659.383.30$285,422
Sep 20253,1132,30462.743.08$202,399
Aug 20254,2943,06963.933.01$283,768
Jul 20254,6653,16966.743.32$321,848
Jun 20254,6003,09966.483.13$315,504
May 20255,0823,15460.553.23$317,910
Apr 20254,9532,69762.363.54$318,425
Mar 20255,3302,39167.704.27$371,047
Feb 20254,8471,50570.884.34$350,088
Jan 20255,7811,81274.324.28$437,397
Dec 20245,5051,96768.993.12$385,930
Nov 20243,0071,30069.052.20$210,491
Oct 20244,5422,31371.372.28$329,439
Sep 20244,3082,71769.612.36$306,304
Aug 20242,3581,32575.632.06$181,070
Jul 20243,9622,08779.932.15$321,163
Jun 20243,9511,98978.082.63$313,733
May 20244,0222,24578.812.20$321,909
Apr 20243,41340984.451.66$288,906
Mar 20242,82349780.301.55$227,455
Feb 20242,42656776.091.78$185,606
Jan 20241,65023073.023.30$121,241
Dec 20231,12618671.262.61$80,724
Nov 20232120477.892.81$2,208
Oct 202322322085.443.09$19,732
Sep 20231,16126189.042.74$104,089
Aug 20232,7521,34580.522.67$225,186
Jul 20237671,70074.852.64$61,901
Jun 202320393868.962.26$16,117
May 2023727770.622.23$1,111
Apr 20232,43194178.122.24$192,015
Mar 20234,40121,44172.852.39$371,925
Feb 20233,6589,31175.112.47$297,710
Jan 20234,6932,51576.533.39$367,675
Dec 20225,5643,78376.415.73$446,818
Nov 20226,12827,61985.005.65$676,822
Oct 20225,21928,25787.185.86$620,685
Sep 20223,7961,55184.888.16$334,866
Aug 20223,1032,03694.529.13$311,878
Jul 20224,1012,775101.587.54$437,509
Jun 20224,9973,952115.097.98$606,631
May 20225,4663,497109.378.43$627,307
Apr 20225,1031,513104.226.84$542,180
Mar 20223,7383,868108.885.08$426,629
Feb 20222,8812,99491.054.86$276,862
Jan 20225,0726,04581.844.54$442,523
Dec 20213,6573,25871.323.90$273,521
Nov 20215,7593,97877.435.24$466,752
Oct 20217,7105,53479.795.71$646,801
Sep 20217,9045,42669.865.35$581,208
Aug 20217,8875,57966.024.22$544,246
Jul 20218,8424,80070.783.98$644,951
Jun 20217,2672,67269.493.38$514,017
May 20218,3042,74463.483.02$535,418
Apr 20216,767060.362.76$408,456
Mar 20218,8311,51261.302.72$545,448
Feb 202158225457.805.55$35,049
Jan 20218,5467,32650.412.81$451,392
Dec 202010,8428,65344.642.68$507,138
Nov 20208,7273,84538.772.71$348,753
Oct 202016,6767,84836.972.48$635,962
Sep 202018,51346,77737.091.99$779,782
Aug 202018,9107,74339.982.39$774,490
Jul 202020,9718,58038.371.83$820,317
Jun 202024,4947,60634.901.69$867,697
May 202018,5816,64816.921.81$326,455
Apr 202021,5377,12814.751.80$330,532
Mar 202032,3749,97030.341.86$1,000,734
Feb 202034,2444,95149.881.98$1,717,897
Jan 202019,77351757.252.09$1,133,087
Dec 20190059.012.30$0

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                3,632 bbl  × $106.41 =   $386,481
Casinghead gas     2,743 Mcf  × $  3.05 =     $8,355

────────────────────────────────────────────────────
Month total                                 $394,836

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/53878 is the state's own key, not one this site invented.