UNIVERSITY 6-29 B

Operated by DIAMONDBACK E&P LLC (P-5 217012) 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 55848District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jul 2021 – May 2026
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
59
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
OilDisposition13,132 bbl$1,073,946
Casinghead gasProduction5,309 Mcf$21,129
Total$1,095,075

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 32.4772, -102.1970. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47723, -102.19702 · 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
8,735 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 8,735 ft.

Completions filed
Feb 1997
1 of 1 wells

1 well

42-3173406729078,735 ftFeb 1997

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 (59)

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

59 months

May 2026102108106.413.05$11,183
Apr 202615013998.932.87$15,238
Mar 20261027589.753.15$9,391
Feb 20261328263.503.75$8,690
Jan 202619814159.138.00$12,835
Dec 20250056.664.41$0
Nov 20258820758.593.93$5,969
Oct 202513820359.383.30$8,865
Sep 2025485662.743.08$3,184
Aug 202514213563.933.01$9,485
Jul 2025909966.743.32$6,335
Jun 2025757466.483.13$5,218
May 2025569760.553.23$3,704
Apr 2025547862.363.54$3,644
Mar 2025444767.704.27$3,179
Feb 2025452670.884.34$3,302
Jan 2025715474.324.28$5,508
Dec 2024707868.993.12$5,073
Nov 2024948569.052.20$6,678
Oct 20241227071.372.28$8,867
Sep 20241066869.612.36$7,539
Aug 20241938875.632.06$14,778
Jul 20242007279.932.15$16,141
Jun 20242068078.082.63$16,295
May 20243405178.812.20$26,908
Apr 20244722584.451.66$39,902
Mar 20243027680.301.55$24,368
Feb 20242736976.091.78$20,896
Jan 20241903173.023.30$13,976
Dec 20232555971.262.61$18,325
Nov 20233165477.892.81$24,765
Oct 20232219285.443.09$19,166
Sep 20232742989.042.74$24,476
Aug 20232778780.522.67$22,537
Jul 202326512874.852.64$20,173
Jun 20232817868.962.26$19,554
May 20232779170.622.23$19,764
Apr 20233727978.122.24$29,237
Mar 202331913072.852.39$23,550
Feb 202332213375.112.47$24,513
Jan 202348313076.533.39$37,404
Dec 2022802576.415.73$6,256
Nov 202253085.005.65$4,505
Oct 202269187.185.86$6,021
Sep 20222896884.888.16$25,085
Aug 20223978494.529.13$38,291
Jul 202247181101.587.54$48,455
Jun 202236478115.097.98$42,515
May 2022353112109.378.43$39,552
Apr 2022338127104.226.84$36,095
Mar 2022587118108.885.08$64,512
Feb 20221595691.054.86$14,749
Jan 202230815781.844.54$25,919
Dec 202130814471.323.90$22,528
Nov 202134515877.435.24$27,541
Oct 20213426379.795.71$27,648
Sep 202130221469.865.35$22,243
Aug 202128916566.024.22$19,776
Jul 202131315470.783.98$22,767

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                  102 bbl  × $106.41 =    $10,854
Casinghead gas       108 Mcf  × $  3.05 =       $329

────────────────────────────────────────────────────
Month total                                  $11,183

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/55848 is the state's own key, not one this site invented.