UNIVERSITY 8-4F N

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 58524District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$20.6 M
Jun 2022 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
48
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
OilDisposition242,616 bbl$19,655,468
Casinghead gasProduction234,012 Mcf$913,428
Total$20,568,896

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 32.4218, -102.3488. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42179, -102.34884 · 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
9,653 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 9,653 ft.

Completions filed
Jun 2022
1 of 1 wells

1 well

42-00348458H 6LS9,653 ftJun 2022

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 (48)

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

48 months

May 20261,9323,642106.413.05$216,677
Apr 20262,0104,09898.932.87$210,609
Mar 20262,1643,63589.753.15$205,667
Feb 20262,3001,79363.503.75$152,774
Jan 20261,32579959.138.00$84,738
Dec 20252,3311,62856.664.41$139,259
Nov 20252,4463,50558.593.93$157,073
Oct 20252,2083,81359.383.30$143,712
Sep 20252,2612,82862.743.08$150,557
Aug 20252,3093,51663.933.01$158,214
Jul 20252,1124,26566.743.32$155,094
Jun 20252,3474,65766.483.13$170,599
May 20252,7595,38060.553.23$184,447
Apr 20252,6775,32162.363.54$185,791
Mar 20253,3614,03567.704.27$244,762
Feb 20253,0655,25070.884.34$240,037
Jan 20253,6554,64874.324.28$291,527
Dec 202458058468.993.12$41,837
Nov 20242,2272,27369.052.20$158,771
Oct 20244,0934,95971.372.28$303,431
Sep 20243,4648,07669.612.36$260,224
Aug 20243,6004,95175.632.06$282,485
Jul 20243,3274,44979.932.15$275,477
Jun 20243,2683,17678.082.63$263,531
May 20242,8362,17778.812.20$228,291
Apr 20242,7912,12984.451.66$239,232
Mar 20243,3262,49680.301.55$270,934
Feb 20244,8691,29576.091.78$372,792
Jan 20242,63391273.023.30$195,269
Dec 20232,3361,83271.262.61$171,246
Nov 20234,8995,65677.892.81$397,463
Oct 20235,1625,01585.443.09$456,524
Sep 20235,1482,94689.042.74$466,435
Aug 20232,2868,97180.522.67$208,047
Jul 20232,7344,08374.852.64$215,426
Jun 20235,0566,61168.962.26$363,593
May 20236,58211,65170.622.23$490,772
Apr 20237,8294,47978.122.24$621,624
Mar 20238,7317,77672.852.39$654,663
Feb 20239,0857,42775.112.47$700,687
Jan 20239,89610,06076.533.39$791,421
Dec 20228,1138,38576.415.73$667,953
Nov 202213,45010,19585.005.65$1,200,813
Oct 202211,5208,24987.185.86$1,052,684
Sep 202216,7819,47684.888.16$1,501,730
Aug 202221,1619,47194.529.13$2,086,581
Jul 202219,40610,211101.587.54$2,048,274
Jun 20224,1651,228115.097.98$489,146

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                1,932 bbl  × $106.41 =   $205,584
Casinghead gas     3,642 Mcf  × $  3.05 =    $11,093

────────────────────────────────────────────────────
Month total                                 $216,677

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/58524 is the state's own key, not one this site invented.