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UNIVERSITY 7-8H

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 54308District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$27.7 M
Jun 2020 – May 2026
Value, last 12 filed months
$2.3 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
OilDisposition390,993 bbl$25,303,857
Casinghead gasProduction573,901 Mcf$2,346,727
Total$27,650,584

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 32.3826, -102.2589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38259, -102.25889 · 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
8,976 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 8,976 ft.

Completions filed
Jun 2020
1 of 1 wells

1 well

42-003481878H8,976 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 20261,5903,589106.413.05$180,123
Apr 20262,2695,13398.932.87$239,202
Mar 20262,4246,02989.753.15$236,542
Feb 20261,9674,75563.503.75$142,737
Jan 20261,8324,84259.138.00$147,052
Dec 20252,2835,65756.664.41$154,321
Nov 20252,3835,35258.593.93$160,634
Oct 20252,5864,84659.383.30$169,572
Sep 20252,5154,83762.743.08$172,674
Aug 20253,1864,43063.933.01$217,036
Jul 20254,0843,83066.743.32$285,263
Jun 20253,4263,05466.483.13$237,316
May 20252,9703,59860.553.23$191,463
Apr 20252,5923,40762.363.54$173,709
Mar 20252,6773,42667.704.27$195,856
Feb 20252,2572,64270.884.34$171,445
Jan 20252,0243,44174.324.28$165,147
Dec 20242,1683,50568.993.12$160,511
Nov 20242,1383,15069.052.20$154,554
Oct 20242,0823,54071.372.28$156,669
Sep 20242,2923,31169.612.36$167,375
Aug 20244,1993,53275.632.06$324,859
Jul 20241,5362,91279.932.15$129,023
Jun 20243,9167,29878.082.63$324,984
May 20244,5778,68278.812.20$379,800
Apr 20244,8987,03784.451.66$425,312
Mar 20242,0722,52780.301.55$170,286
Feb 20242,3772,68376.091.78$185,651
Jan 20241,8802,29873.023.30$144,856
Dec 20231,2771,13471.262.61$93,960
Nov 20231,4641,46477.892.81$118,141
Oct 20232,0972,31685.443.09$186,318
Sep 20232,0882,49089.042.74$192,726
Aug 20231,9222,12180.522.67$160,429
Jul 20238361,02174.852.64$65,272
Jun 202348460068.962.26$34,732
May 202328566570.622.23$21,608
Apr 20237891,66478.122.24$65,360
Mar 20234,28612,08472.852.39$341,154
Feb 20233,26510,41475.112.47$270,912
Jan 20233,98011,88676.533.39$344,856
Dec 20223,44611,66576.415.73$330,139
Nov 20224,34212,20085.005.65$437,954
Oct 20224,96311,81287.185.86$501,937
Sep 20225,24211,92584.888.16$542,293
Aug 20226,03713,96594.529.13$698,078
Jul 20225,84213,953101.587.54$698,665
Jun 20226,06614,366115.097.98$812,736
May 20226,22514,393109.378.43$802,205
Apr 20226,31813,740104.226.84$752,411
Mar 20227,29415,005108.885.08$870,342
Feb 20227,53014,18191.054.86$754,510
Jan 20228,11414,84781.844.54$731,421
Dec 20219,28213,55571.323.90$714,845
Nov 20215,8646,72577.435.24$489,267
Oct 20212,1001,62979.795.71$176,867
Sep 20215,1487,41169.865.35$399,295
Aug 20219,30614,14266.024.22$674,070
Jul 202110,26914,37570.783.98$784,082
Jun 202110,99812,27469.493.38$805,745
May 20218,6228,00263.483.02$571,472
Apr 20217,8578,70160.362.76$498,250
Mar 202110,84711,33961.302.72$695,728
Feb 20216,7039,48257.805.55$440,039
Jan 202112,48118,78450.412.81$681,955
Dec 202011,69813,77444.642.68$559,051
Nov 202019,00720,69838.772.71$792,922
Oct 202021,65722,28836.972.48$855,899
Sep 202024,96822,48637.091.99$970,834
Aug 202023,81018,81239.982.39$996,792
Jul 202017,18213,70338.371.83$684,283
Jun 20201,8022,46734.901.69$67,060

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                1,590 bbl  × $106.41 =   $169,192
Casinghead gas     3,589 Mcf  × $  3.05 =    $10,932

────────────────────────────────────────────────────
Month total                                 $180,123

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/54308 is the state's own key, not one this site invented.