UNIVERSITY 8-2D

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 56590District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$22.4 M
May 2021 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
61
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
OilDisposition262,363 bbl$20,893,134
Casinghead gasProduction387,929 Mcf$1,524,592
Total$22,417,726

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 32.3856, -102.3100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38564, -102.30995 · 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
8,996 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 8,996 ft.

Completions filed
May 2021
1 of 1 wells

1 well

42-003482559H8,996 ftMay 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 (61)

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

61 months

May 20261,9216,534106.413.05$224,315
Apr 20269623,02398.932.87$103,846
Mar 20261,5554,81089.753.15$154,710
Feb 20261,2574,27163.503.75$95,837
Jan 20261,5204,58659.138.00$126,556
Dec 20251,8236,11556.664.41$130,279
Nov 20251,8797,36558.593.93$139,009
Oct 20252,0558,11659.383.30$148,848
Sep 20251,9646,67062.743.08$143,744
Aug 20252,0577,35863.933.01$153,687
Jul 20252,2177,24266.743.32$171,971
Jun 20252,0595,50666.483.13$154,109
May 20252,0355,48660.553.23$140,952
Apr 20251,7643,45962.363.54$122,259
Mar 20252,3645,16367.704.27$182,080
Feb 202504,77270.884.34$20,714
Jan 202507,41674.324.28$31,731
Dec 202404,95868.993.12$15,476
Nov 202403,64969.052.20$8,022
Oct 20242,3457,08271.372.28$183,520
Sep 20242,1796,84669.612.36$167,867
Aug 20242,3738,03175.632.06$196,043
Jul 20242,5827,61379.932.15$222,721
Jun 20242,6117,11478.082.63$222,605
May 20243,0926,06078.812.20$257,003
Apr 20242,2033,49284.451.66$191,837
Mar 20243,3035,17180.301.55$273,221
Feb 20245,2198,32576.091.78$411,963
Jan 20246,0588,88573.023.30$471,655
Dec 20236,1058,56871.262.61$457,411
Nov 20236,1597,31277.892.81$500,253
Oct 20234,5886,71185.443.09$412,717
Sep 20235,1837,01489.042.74$480,678
Aug 20237,8779,94380.522.67$660,832
Jul 20237,8288,22774.852.64$607,660
Jun 20236,9247,21868.962.26$493,781
May 20237,9978,12970.622.23$582,855
Apr 20237,6337,10978.122.24$612,198
Mar 20233,5654,88072.852.39$271,389
Feb 202307875.112.47$192
Jan 20231,3511,30976.533.39$107,827
Dec 20225,3567,46376.415.73$452,008
Nov 20226,5147,29985.005.65$594,902
Oct 20228,3037,39987.185.86$767,242
Sep 20227,1746,08984.888.16$658,638
Aug 20225,1407,67694.529.13$555,893
Jul 20227,2608,360101.587.54$800,523
Jun 20226,6819,662115.097.98$845,992
May 20226,7905,292109.378.43$787,250
Apr 20226,5924,134104.226.84$715,285
Mar 20228,4804,624108.885.08$946,776
Feb 20224,3375,11891.054.86$419,751
Jan 20225,3346,32981.844.54$465,254
Dec 202103,32971.323.90$12,980
Nov 202101,85277.435.24$9,699
Oct 20210079.795.71$0
Sep 202111,86812,27969.865.35$894,802
Aug 202116,90716,51166.024.22$1,185,886
Jul 202115,70714,33370.783.98$1,168,817
Jun 202113,5426,49569.493.38$962,991
May 20211,7712,06963.483.02$118,667

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                1,921 bbl  × $106.41 =   $204,414
Casinghead gas     6,534 Mcf  × $  3.05 =    $19,902

────────────────────────────────────────────────────
Month total                                 $224,315

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/56590 is the state's own key, not one this site invented.