UNIVERSITY 8-10W

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 59267District 08Field 85280300OilCasinghead gasSave
Value, all time
$157.5 M
Jan 2023 – May 2026
Value, last 12 filed months
$21.1 M
at the published price for each month
Months reported
41
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,990,573 bbl$148,182,040
Casinghead gasProduction3,168,626 Mcf$9,348,029
Total$157,530,069

Wells on this lease (8)

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 32.3685, -102.3203. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.36881, -102.32067 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
9,586 ft
8 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.
8100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 9,586 ft, with the middle half between 9,016 and 9,758 ft; the shallowest is 9,001 ft and the deepest 10,187 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

20s

Last completion by decade, 8 of 8 wells, Jan 2023 – Feb 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 2023 – Feb 2023
8 of 8 wells

8 wells

42-00348582H 4LS9,616 ftFeb 2023
42-00348576H 7WC10,185 ftFeb 2023
42-00348575H 1MS9,014 ftFeb 2023
42-00348581H 6LS9,586 ftJan 2023
42-00348578H 5LS9,586 ftJan 2023
42-00348579H 8WC10,187 ftJan 2023
42-00348580H 3MS9,001 ftJan 2023
42-00348577H 2MS9,017 ftJan 2023

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 (41)

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

41 months

May 202619,57680,673106.413.05$2,328,799
Apr 202618,11766,83798.932.87$1,984,118
Mar 202617,85769,85989.753.15$1,822,682
Feb 202618,64474,02763.503.75$1,461,519
Jan 202616,45364,70659.138.00$1,490,379
Dec 202520,98383,69156.664.41$1,558,255
Nov 202523,26378,26258.593.93$1,670,270
Oct 202523,98080,80859.383.30$1,690,990
Sep 202521,23469,87862.743.08$1,547,230
Aug 202524,41976,06363.933.01$1,790,418
Jul 202524,25869,85466.743.32$1,850,559
Jun 202525,49666,69666.483.13$1,903,647
May 202524,55063,11860.553.23$1,690,520
Apr 202526,09067,75562.363.54$1,867,037
Mar 202526,38561,02467.704.27$2,046,734
Feb 202525,44764,38670.884.34$2,083,173
Jan 202525,55167,12974.324.28$2,186,174
Dec 202430,95871,35468.993.12$2,358,515
Nov 202430,62276,35969.052.20$2,282,320
Oct 202434,25383,96371.372.28$2,636,190
Sep 202429,22370,59969.612.36$2,201,134
Aug 202432,47174,23075.632.06$2,608,965
Jul 202434,74666,30379.932.15$2,919,573
Jun 202436,05573,91778.082.63$3,009,870
May 202437,71865,15678.812.20$3,115,797
Apr 202440,39371,72184.451.66$3,530,188
Mar 202445,41281,90680.301.55$3,773,139
Feb 202444,91483,55376.091.78$3,566,535
Jan 202460,10592,02473.023.30$4,692,331
Dec 202361,57887,16571.262.61$4,615,612
Nov 202351,56477,80877.892.81$4,234,771
Oct 202366,906120,17985.443.09$6,087,475
Sep 202375,726103,77389.042.74$7,026,466
Aug 202395,628135,15880.522.67$8,061,228
Jul 2023138,748126,90174.852.64$10,720,535
Jun 2023160,106104,99068.962.26$11,278,028
May 2023162,609118,78970.622.23$11,748,038
Apr 2023171,33684,05978.122.24$13,572,872
Mar 2023120,36063,98272.852.39$8,921,345
Feb 202344,29328,83775.112.47$3,397,950
Jan 20232,5461,13476.533.39$198,687

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               19,576 bbl  × $106.41 = $2,083,082
Casinghead gas    80,673 Mcf  × $  3.05 =   $245,717

────────────────────────────────────────────────────
Month total                               $2,328,799

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/59267 is the state's own key, not one this site invented.