UNIVERSITY 6K

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 54242District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$12.6 M
Dec 2019 – May 2026
Value, last 12 filed months
$931 k
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 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
OilDisposition176,516 bbl$11,429,291
Casinghead gasProduction304,175 Mcf$1,122,882
Total$12,552,173

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 32.4538, -102.2735. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45382, -102.27346 · 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
10,134 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 10,134 ft.

Completions filed
May 2020
1 of 1 wells

1 well

42-0034817111H10,134 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 (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 20261,0432,187106.413.05$117,647
Apr 20269701,63298.932.87$100,645
Mar 20261,0562,48889.753.15$102,612
Feb 202646084963.503.75$32,394
Jan 20268462,27159.138.00$68,187
Dec 20259782,85356.664.41$68,005
Nov 20251,1293,20458.593.93$78,728
Oct 20251,0912,65559.383.30$73,558
Sep 20259932,78762.743.08$70,876
Aug 20259642,76463.933.01$69,961
Jul 20251,0002,81866.743.32$76,082
Jun 20259442,90666.483.13$71,849
May 20251,1063,12660.553.23$77,073
Apr 20251,1003,45162.363.54$80,823
Mar 20257363,30767.704.27$63,943
Feb 20256282,77670.884.34$56,563
Jan 20251,0022,42874.324.28$84,857
Dec 20241,1993,24368.993.12$92,842
Nov 20241,1033,12169.052.20$83,023
Oct 20241,2013,60971.372.28$93,949
Sep 20242833,77169.612.36$28,616
Aug 20241,3774,16375.632.06$112,733
Jul 20248553,07979.932.15$74,950
Jun 20245243,13778.082.63$49,177
May 20241313,03778.812.20$17,001
Apr 20244093,15084.451.66$39,767
Mar 20241,1913,81480.301.55$101,530
Feb 20241,0853,70376.091.78$89,162
Jan 20241,2054,86673.023.30$104,036
Dec 20231,2714,93171.262.61$103,445
Nov 20231,4045,01577.892.81$123,437
Oct 20231,5075,24185.443.09$144,939
Sep 20231,5104,79089.042.74$147,551
Aug 20231,4654,65680.522.67$130,407
Jul 20231,4385,01574.852.64$120,883
Jun 20231,6295,13068.962.26$123,922
May 20231,8344,42470.622.23$139,371
Apr 20231,8363,44878.122.24$151,144
Mar 20231,8703,25572.852.39$144,019
Feb 20231,9442,14575.112.47$151,303
Jan 20232,8883,25376.533.39$232,039
Dec 20222,2684,27476.415.73$197,784
Nov 20222,5243,99385.005.65$237,085
Oct 20223,1264,37087.185.86$298,149
Sep 20221,9283,71684.888.16$193,985
Aug 20222,0564,84094.529.13$238,509
Jul 20222,8034,398101.587.54$317,899
Jun 20222,6963,799115.097.98$340,588
May 20222,1554,452109.378.43$273,236
Apr 20222,3274,910104.226.84$276,093
Mar 20222,4315,160108.885.08$290,882
Feb 20222,1505,97291.054.86$224,774
Jan 20222,8017,58281.844.54$263,639
Dec 20213,1316,82571.323.90$249,914
Nov 20213,3276,44277.435.24$291,345
Oct 20213,1515,03179.795.71$280,165
Sep 20213,4086,07769.865.35$270,600
Aug 20213,9736,75866.024.22$290,820
Jul 20214,1617,31770.783.98$323,652
Jun 20214,5906,18269.493.38$339,858
May 20215,0105,72863.483.02$335,320
Apr 20214,8313,45660.362.76$301,132
Mar 20215,6832,68761.302.72$355,668
Feb 20213,6291,31157.805.55$217,030
Jan 20215,3463,96150.412.81$280,623
Dec 20205,8634,48044.642.68$273,710
Nov 20205,0922,06638.772.71$203,009
Oct 20205,3644,19336.972.48$208,699
Sep 20206,3446,99237.091.99$249,220
Aug 20206,7247,21539.982.39$286,034
Jul 20208,9479,28138.371.83$360,235
Jun 20209,70610,53434.901.69$356,545
May 20201,7661,67516.921.81$32,920
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
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                1,043 bbl  × $106.41 =   $110,986
Casinghead gas     2,187 Mcf  × $  3.05 =     $6,661

────────────────────────────────────────────────────
Month total                                 $117,647

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/54242 is the state's own key, not one this site invented.