UNIVERSITY 7-14B

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 56315District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$49.0 M
Aug 2021 – May 2026
Value, last 12 filed months
$4.1 M
at the published price for each month
Months reported
58
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
OilDisposition551,299 bbl$46,038,931
Casinghead gasProduction695,594 Mcf$2,996,400
Total$49,035,331

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 32.4022, -102.1733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40218, -102.17330 · 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
9,515 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 9,515 ft.

Completions filed
Nov 2021
1 of 1 wells

1 well

42-31742948102H9,515 ftNov 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 (58)

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

58 months

May 20264,0138,362106.413.05$452,493
Apr 20263,9015,90298.932.87$402,863
Mar 20264,2819,77889.753.15$415,015
Feb 20264,5047,25763.503.75$313,220
Jan 20263,8878,87759.138.00$300,836
Dec 20254,4539,39756.664.41$293,779
Nov 20254,4248,50258.593.93$292,585
Oct 20254,04013,66659.383.30$285,059
Sep 20254,6749,71562.743.08$323,139
Aug 20254,86510,21063.933.01$341,800
Jul 20254,8569,24966.743.32$354,752
Jun 20254,5779,09966.483.13$332,747
May 20253,5898,55060.553.23$244,950
Apr 20253,6879,95562.363.54$265,193
Mar 20254,2358,62467.704.27$323,519
Feb 20255,15912,06470.884.34$418,038
Jan 20255,52417,78674.324.28$486,644
Dec 20245,90410,71468.993.12$440,759
Nov 20245,53810,65669.052.20$405,825
Oct 20246,46714,93571.372.28$495,623
Sep 20245,5019,02569.612.36$404,263
Aug 20246,10911,83375.632.06$486,443
Jul 20246,88412,24279.932.15$576,517
Jun 20246,39311,16578.082.63$528,574
May 20246,5909,58878.812.20$540,437
Apr 20246,7157,62584.451.66$579,733
Mar 20247,8007,29180.301.55$637,606
Feb 20245,3865,87976.091.78$420,307
Jan 20242,3133,26173.023.30$179,649
Dec 20237,06810,38671.262.61$530,781
Nov 20236,7429,71277.892.81$552,401
Oct 20237,3029,90385.443.09$654,456
Sep 20237,37910,55489.042.74$685,892
Aug 20237,35911,28180.522.67$622,699
Jul 20237,89011,10074.852.64$619,890
Jun 20237,75710,75168.962.26$559,204
May 20239,17610,34370.622.23$671,047
Apr 20239,41510,58578.122.24$759,186
Mar 20239,56614,15972.852.39$730,768
Feb 20238,82510,78175.112.47$689,428
Jan 20239,35710,57576.533.39$751,916
Dec 202210,28111,55476.415.73$851,765
Nov 202211,96613,00085.005.65$1,090,511
Oct 202212,18513,57687.185.86$1,141,895
Sep 202212,34615,18984.888.16$1,171,927
Aug 202214,61416,55894.529.13$1,532,443
Jul 202216,32419,332101.587.54$1,803,995
Jun 202216,77322,189115.097.98$2,107,411
May 202222,46423,274109.378.43$2,653,158
Apr 202224,83725,235104.226.84$2,761,059
Mar 202227,35327,168108.885.08$3,116,110
Feb 202230,21420,30291.054.86$2,849,629
Jan 202245,85432,10681.844.54$3,898,378
Dec 202149,40933,57671.323.90$3,654,767
Nov 202112,57411,19877.435.24$1,032,247
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$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                4,013 bbl  × $106.41 =   $427,023
Casinghead gas     8,362 Mcf  × $  3.05 =    $25,469

────────────────────────────────────────────────────
Month total                                 $452,493

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/56315 is the state's own key, not one this site invented.