UNIVERSITY 6G

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 54049District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$35.3 M
May 2020 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
73
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
OilDisposition558,142 bbl$33,706,032
Casinghead gasProduction453,529 Mcf$1,550,578
Total$35,256,610

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 32.4533, -102.2762. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45332, -102.27623 · 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
9,564 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 9,564 ft.

Completions filed
May 2020
1 of 1 wells

1 well

42-003481677H9,564 ftMay 2020

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 (73)

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

73 months

May 20262,7054,796106.413.05$302,447
Apr 20263,1144,74398.932.87$321,679
Mar 20263,6834,88289.753.15$345,925
Feb 20262,2762,20463.503.75$152,792
Jan 20261,3312,80659.138.00$101,144
Dec 20251,5462,69456.664.41$99,486
Nov 20251,3462,62158.593.93$89,153
Oct 20252,1063,96159.383.30$138,145
Sep 20252,8524,91962.743.08$194,070
Aug 20253,2285,11863.933.01$221,796
Jul 20253,2774,83266.743.32$234,726
Jun 20253,1064,90366.483.13$221,827
May 20252,8594,54160.553.23$187,790
Apr 20253,1694,42562.363.54$213,297
Mar 20253,8133,92067.704.27$274,872
Feb 20252,8192,50770.884.34$210,693
Jan 20254,1812,96574.324.28$323,418
Dec 20242,9912,47168.993.12$214,062
Nov 20243,4632,06869.052.20$243,667
Oct 20243,8881,78871.372.28$281,566
Sep 20243,9111,43169.612.36$275,628
Aug 20243,8651,13675.632.06$294,654
Jul 20243,39473379.932.15$272,856
Jun 20242,95039078.082.63$231,363
May 20242,507078.812.20$197,577
Apr 20241,860084.451.66$157,077
Mar 20242,2631,11480.301.55$183,440
Feb 20243,8613,55976.091.78$300,131
Jan 20243,9754,35673.023.30$304,619
Dec 20234,0953,97571.262.61$302,187
Nov 20234,0304,43277.892.81$326,340
Oct 20234,3245,11685.443.09$385,237
Sep 20234,3915,18789.042.74$405,161
Aug 20234,8975,53580.522.67$409,101
Jul 20234,9385,20174.852.64$383,349
Jun 20234,9494,93368.962.26$352,424
May 20234,2963,80970.622.23$311,868
Apr 20234,2273,71478.122.24$338,524
Mar 20234,7773,27672.852.39$355,844
Feb 20234,8963,74675.112.47$376,975
Jan 20234,8603,23576.533.39$382,895
Dec 20225,3862,92376.415.73$428,290
Nov 20225,9744,31885.005.65$532,170
Oct 20225,5363,31487.185.86$502,061
Sep 20225,3922,27784.888.16$476,262
Aug 20225,8622,38294.529.13$575,817
Jul 20224,8352,373101.587.54$509,037
Jun 20223,7273,972115.097.98$460,626
May 20227,2027,224109.378.43$848,603
Apr 20226,8396,360104.226.84$756,248
Mar 20226,7865,165108.885.08$765,079
Feb 20225,8353,49791.054.86$548,268
Jan 20226,9356,10881.844.54$595,277
Dec 20218,3458,27271.323.90$627,419
Nov 20218,8949,58277.435.24$738,842
Oct 20219,2009,09679.795.71$786,041
Sep 20219,7599,55769.865.35$732,902
Aug 202111,4058,49166.024.22$788,795
Jul 202111,8409,21970.783.98$874,746
Jun 202112,13513,02869.493.38$887,304
May 20214,6444,46963.483.02$308,287
Apr 20219,71311,53760.362.76$618,101
Mar 202118,27817,09861.302.72$1,166,896
Feb 202111,3909,34257.805.55$710,171
Jan 202119,55619,02350.412.81$1,039,278
Dec 202021,91518,98544.642.68$1,029,079
Nov 202023,36715,11038.772.71$946,835
Oct 202018,47110,08336.972.48$707,863
Sep 202034,57521,99937.091.99$1,326,188
Aug 202030,02821,42039.982.39$1,251,608
Jul 202034,22421,32238.371.83$1,352,090
Jun 202031,57617,44134.901.69$1,131,483
May 202017,49910,50016.921.81$315,138

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                2,705 bbl  × $106.41 =   $287,839
Casinghead gas     4,796 Mcf  × $  3.05 =    $14,608

────────────────────────────────────────────────────
Month total                                 $302,447

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/54049 is the state's own key, not one this site invented.