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UNIVERSITY 7-8G

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 54057District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$29.0 M
Jun 2020 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
72
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
OilDisposition409,144 bbl$25,756,421
Casinghead gasProduction836,103 Mcf$3,225,532
Total$28,981,953

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 32.3819, -102.2618. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38192, -102.26178 · 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
8,986 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 8,986 ft.

Completions filed
Jun 2020
1 of 1 wells

1 well

42-003481867H8,986 ftJun 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 (72)

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

72 months

May 20261,4765,718106.413.05$174,477
Apr 20262,0597,79998.932.87$226,078
Mar 20262,1438,91289.753.15$220,402
Feb 20261,8228,05863.503.75$145,917
Jan 20261,6737,57359.138.00$159,493
Dec 20252,0278,30256.664.41$151,490
Nov 20252,1258,16458.593.93$156,559
Oct 20252,1597,69559.383.30$153,632
Sep 20251,9317,20162.743.08$143,308
Aug 20252,2787,53963.933.01$168,361
Jul 20252,7566,79866.743.32$206,472
Jun 20252,6456,59766.483.13$196,480
May 20252,5596,82560.553.23$177,008
Apr 20252,1938,62362.363.54$167,308
Mar 20251,3655,07967.704.27$114,089
Feb 20259303,65470.884.34$81,780
Jan 20252,2438,58574.324.28$203,432
Dec 20242,4159,27568.993.12$195,562
Nov 20242,2558,85569.052.20$175,175
Oct 20242,3469,25671.372.28$188,551
Sep 20242,4798,81669.612.36$193,407
Aug 20242,76410,11775.632.06$229,919
Jul 20242,8459,50379.932.15$247,800
Jun 20242,8379,16978.082.63$245,664
May 20243,1269,38178.812.20$266,984
Apr 20243,2139,04284.451.66$286,340
Mar 20243,2689,19680.301.55$276,629
Feb 20243,0268,95176.091.78$246,214
Jan 20243,4729,94373.023.30$286,314
Dec 20233,97810,07871.262.61$309,783
Nov 20233,7138,94677.892.81$314,322
Oct 20231,6104,71985.443.09$152,127
Sep 20232,6177,92589.042.74$254,693
Aug 20232,5947,57980.522.67$229,127
Jul 20232,9159,52074.852.64$243,338
Jun 20232,4858,71168.962.26$191,039
May 20235,3307,35370.622.23$392,783
Apr 20231,5225,47278.122.24$131,144
Mar 20233,60415,13472.852.39$298,769
Feb 20232,77713,00175.112.47$240,637
Jan 20233,52414,75076.533.39$319,661
Dec 20223,02413,97076.415.73$311,099
Nov 20223,38913,64285.005.65$365,090
Oct 20224,30413,91487.185.86$456,811
Sep 20224,47713,93084.888.16$493,728
Aug 20224,96515,45794.529.13$610,370
Jul 20225,48515,229101.587.54$672,025
Jun 20224,84813,431115.097.98$665,098
May 20224,11412,677109.378.43$556,854
Apr 20225,95917,148104.226.84$738,298
Mar 20226,30316,680108.885.08$770,945
Feb 20226,07415,56691.054.86$628,670
Jan 20226,56217,06181.844.54$614,451
Dec 20217,39715,94471.323.90$589,722
Nov 20217,36716,07377.435.24$654,599
Oct 20217,75316,14879.795.71$710,879
Sep 20218,01216,00369.865.35$645,349
Aug 20218,32315,08766.024.22$613,161
Jul 20218,75414,53170.783.98$677,472
Jun 20218,13912,27869.493.38$607,086
May 20215,93415,80763.483.02$424,391
Apr 202110,51322,75260.362.76$697,324
Mar 202112,90812,89861.302.72$826,303
Feb 20216,6118,93757.805.55$431,698
Jan 202115,08019,41950.412.81$814,755
Dec 202014,40417,69744.642.68$690,342
Nov 202018,73621,55338.772.71$784,729
Oct 202022,42122,55836.972.48$884,813
Sep 202027,40623,09037.091.99$1,062,462
Aug 202030,52620,52639.982.39$1,269,386
Jul 202020,80915,53738.371.83$826,798
Jun 20203,4482,74634.901.69$124,977

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                1,476 bbl  × $106.41 =   $157,061
Casinghead gas     5,718 Mcf  × $  3.05 =    $17,416

────────────────────────────────────────────────────
Month total                                 $174,477

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/54057 is the state's own key, not one this site invented.