UNIVERSITY 8-9 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 59456District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$28.8 M
Sep 2022 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
45
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
OilDisposition355,682 bbl$26,936,541
Casinghead gasProduction589,519 Mcf$1,867,301
Total$28,803,842

Wells on this lease (2)

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 32.3644, -102.3376. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36442, -102.33759 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,896 ft
2 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.
2100.0%

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

Between 9,600 and 10,191 ft, median 9,896 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2022 – Oct 2022
2 of 2 wells

2 wells

42-003484855LS9,600 ftOct 2022
42-003484868WC10,191 ftSep 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 (45)

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

45 months

May 20268958,640106.413.05$121,553
Apr 20267,26519,33998.932.87$774,224
Mar 20266,05817,35089.753.15$598,348
Feb 20261,0434,53563.503.75$83,238
Jan 20261,9358,69059.138.00$183,918
Dec 20252,85715,30856.664.41$229,437
Nov 20252,42418,22958.593.93$213,597
Oct 20252,1098,73959.383.30$154,113
Sep 20252,1309,52662.743.08$162,947
Aug 20252,1819,94863.933.01$169,422
Jul 20252,52410,31466.743.32$202,645
Jun 20252,72212,14366.483.13$218,951
May 20253,03215,37860.553.23$233,294
Apr 20253,24714,17262.363.54$252,696
Mar 20253,32417,18067.704.27$298,365
Feb 20252,9136,39870.884.34$234,246
Jan 20254,4758,67074.324.28$369,678
Dec 20244,7823,38268.993.12$340,467
Nov 20243,4601,83969.052.20$242,956
Oct 20243,4141,92271.372.28$248,042
Sep 20241,6682,14469.612.36$121,179
Aug 20244,8889,14375.632.06$388,547
Jul 20247,56314,12879.932.15$634,838
Jun 20248,52314,38178.082.63$703,355
May 202410,89914,32278.812.20$890,436
Apr 20246,3289,97984.451.66$550,957
Mar 20246,98012,69180.301.55$580,103
Feb 202412,78823,31276.091.78$1,014,619
Jan 202416,64128,18273.023.30$1,308,060
Dec 202314,78522,50771.262.61$1,112,339
Nov 202312,87222,49977.892.81$1,065,767
Oct 20236,33714,48385.443.09$586,146
Sep 20234,6585,90189.042.74$430,888
Aug 20238,90413,64680.522.67$753,424
Jul 202311,60621,06874.852.64$924,367
Jun 202328,62745,57268.962.26$2,077,041
May 202311,8249,76670.622.23$856,764
Apr 202313,6258,24078.122.24$1,082,824
Mar 202317,62313,31672.852.39$1,315,703
Feb 202323,22214,12975.112.47$1,779,042
Jan 202319,84812,68576.533.39$1,561,941
Dec 202220,8498,22176.415.73$1,640,171
Nov 202213,2625,91485.005.65$1,160,662
Oct 20228,57231,58887.185.86$932,531
Sep 20220084.888.16$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                  895 bbl  × $106.41 =    $95,237
Casinghead gas     8,640 Mcf  × $  3.05 =    $26,316

────────────────────────────────────────────────────
Month total                                 $121,553

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/59456 is the state's own key, not one this site invented.