UNIVERSITY 8-2A

Operated by OVINTIV USA INC. (P-5 628658) 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 55974District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$32.2 M
Mar 2021 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
63
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
OilDisposition405,680 bbl$30,931,402
Casinghead gasProduction279,402 Mcf$1,272,555
Total$32,203,957

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 32.3868, -102.3089. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38676, -102.30894 · 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
9,633 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 9,633 ft.

Completions filed
Mar 2021
1 of 1 wells

1 well

42-003482516H9,633 ftMar 2021

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 (63)

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

63 months

May 20262,6941,818106.413.05$292,206
Apr 20262,3161,61698.932.87$233,759
Mar 20261,57530289.753.15$142,307
Feb 20262,1091,33863.503.75$138,939
Jan 20262,1691,41759.138.00$139,586
Dec 20252,15965156.664.41$125,202
Nov 20252,1841,19158.593.93$132,637
Oct 20252,2621,34959.383.30$138,776
Sep 20251,9131,22462.743.08$123,788
Aug 20252,3131,47763.933.01$152,323
Jul 20252,5721,40266.743.32$176,303
Jun 20252,5541,64066.483.13$174,921
May 20252,4901,31160.553.23$155,007
Apr 20252,6541,52262.363.54$170,896
Mar 20252,6851,65267.704.27$188,826
Feb 202501,37570.884.34$5,969
Jan 202501,29974.324.28$5,558
Dec 202401,34268.993.12$4,189
Nov 2024069969.052.20$1,537
Oct 20242,9944,08571.372.28$223,001
Sep 20242,4884,07469.612.36$182,822
Aug 20243,5215,57475.632.06$277,796
Jul 20242,8953,63379.932.15$239,196
Jun 20243,6684,28578.082.63$297,684
May 20244,0294,66378.812.20$327,777
Apr 20243,9964,45884.451.66$344,859
Mar 20241,7882,82780.301.55$147,944
Feb 20245411,77776.091.78$44,334
Jan 20246241,88573.023.30$51,781
Dec 20236531,85571.262.61$51,376
Nov 20231,5262,00477.892.81$124,486
Oct 202341736385.443.09$36,749
Sep 20232196289.042.74$19,669
Aug 20234,7846,28880.522.67$402,015
Jul 20232,6323,05974.852.64$205,086
Jun 20234,8135,52268.962.26$344,376
May 20235,4596,12270.622.23$399,151
Apr 20235,2844,66778.122.24$423,230
Mar 20234,8383,63472.852.39$361,145
Feb 20233,6173,17775.112.47$279,506
Jan 20235,7817,65276.533.39$468,343
Dec 20226,2787,66176.415.73$523,592
Nov 20227,1918,00685.005.65$656,438
Oct 20226,0286,24487.185.86$562,134
Sep 20227,7157,05384.888.16$712,428
Aug 20228,3369,71294.529.13$876,562
Jul 20226,5798,060101.587.54$729,084
Jun 20227,34314,278115.097.98$959,004
May 20228,2699,059109.378.43$980,775
Apr 20229,7665,517104.226.84$1,055,536
Mar 202212,2646,717108.885.08$1,369,403
Feb 202210,9627,43391.054.86$1,034,206
Jan 202213,4839,19281.844.54$1,145,159
Dec 20218,99014,86071.323.90$699,108
Nov 20215,8143,35277.435.24$467,732
Oct 202113,5527,15779.795.71$1,122,208
Sep 202116,4557,23869.865.35$1,188,276
Aug 202122,82313,99366.024.22$1,565,833
Jul 202128,69212,24570.783.98$2,079,580
Jun 202130,9417,79669.493.38$2,176,445
May 202135,8887,02563.483.02$2,299,369
Apr 202131,159060.362.76$1,880,757
Mar 20215,93651361.302.72$365,271

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                2,694 bbl  × $106.41 =   $286,669
Casinghead gas     1,818 Mcf  × $  3.05 =     $5,537

────────────────────────────────────────────────────
Month total                                 $292,206

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/55974 is the state's own key, not one this site invented.