UNIVERSITY 1-4

Operated by MEWBOURNE OIL COMPANY (P-5 562560) 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 15388District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$3.9 M
May 2003 – Nov 2023
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
247
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition60,395 bbl$3,423,851
Casinghead gasProduction72,253 Mcf$427,487
Total$3,851,339

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 31.1363, -101.7257. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.13632, -101.72573 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
6,940 ft
2 wells filed one
Completion to plug
20.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,940 and 6,940 ft, median 6,940 ft, over the 2 wells that filed a depth.

Completions filed
May 2003 – Oct 2003
2 of 2 wells
Plug dates filed
Aug 2023
2 of 2 wells

Last completion to plug: a median of 20.1 years across the 2 wells that filed both dates, with the middle half between 19.9 years and 20.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3833535026,940 ftOct 2003Aug 2023Yes
42-3833530816,940 ftMay 2003Aug 2023Yes

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 (247)

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

247 months

Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202354068.962.26$3,724
May 20230070.622.23$0
Apr 202306078.122.24$134
Mar 202306272.852.39$148
Feb 202305675.112.47$138
Jan 202306276.533.39$210
Dec 202207976.415.73$453
Nov 202208985.005.65$503
Oct 2022012287.185.86$715
Sep 2022010184.888.16$825
Aug 2022012494.529.13$1,132
Jul 20220144101.587.54$1,086
Jun 20220131115.097.98$1,045
May 20220123109.378.43$1,037
Apr 2022093104.226.84$636
Mar 20220100108.885.08$508
Feb 202208491.054.86$408
Jan 202207081.844.54$318
Dec 202107671.323.90$296
Nov 202106077.435.24$314
Oct 202107479.795.71$423
Sep 202109069.865.35$482
Aug 2021012266.024.22$515
Jul 2021011270.783.98$446
Jun 202107669.493.38$257
May 202109263.483.02$278
Apr 202108960.362.76$246
Mar 202106261.302.72$168
Feb 202105657.805.55$311
Jan 202106250.412.81$174
Dec 202006244.642.68$166
Nov 202006038.772.71$162
Oct 202007036.972.48$173
Sep 2020011437.091.99$227
Aug 2020018239.982.39$434
Jul 2020010738.371.83$195
Jun 202006034.901.69$101
May 202007716.921.81$140
Apr 2020013114.751.80$236
Mar 2020018430.341.86$342
Feb 2020017249.881.98$341
Jan 2020017857.252.09$373
Dec 2019018459.012.30$424
Nov 2019017755.302.75$487
Oct 2019016653.472.42$401
Sep 2019015255.052.66$404
Aug 2019019053.112.30$438
Jul 2019019256.272.46$472
Jun 2019016452.782.49$409
May 2019018758.482.74$512
Apr 2019018862.632.75$517
Mar 2019016256.803.06$496
Feb 201908650.852.79$240
Jan 201909246.033.23$297
Dec 201808946.594.19$373
Nov 2018011352.934.24$479
Oct 201806961.443.40$234
Sep 201806359.543.11$196
Aug 2018110359.403.07$375
Jul 2018412465.142.93$624
Jun 2018010660.183.08$326
May 2018212765.382.90$499
Apr 2018310163.842.90$485
Mar 201814112261.222.79$8,972
Feb 201809061.782.77$249
Jan 201809262.874.01$369
Dec 201708557.272.92$248
Nov 2017109255.423.12$841
Oct 201737849.292.98$381
Sep 20171047.523.09$48
Aug 20170245.373.00$6
Jul 20171337043.873.09$6,051
Jun 201716042.493.09$228
May 201706245.373.26$202
Apr 20171336047.933.21$6,567
Mar 201706446.772.98$191
Feb 201705650.452.95$165
Jan 201716649.413.42$275
Dec 20161237648.763.72$6,280
Nov 2016011842.492.64$312
Oct 201610817446.193.09$5,526
Sep 2016316841.553.10$646
Aug 201610015341.442.92$4,591
Jul 20169019141.622.92$4,304
Jun 20168518445.352.69$4,349
May 20168515542.521.99$3,923
Apr 20168118236.561.99$3,324
Mar 201616218733.011.79$5,683
Feb 20168115526.472.06$2,464
Jan 20168412427.352.36$2,591
Dec 20158619932.362.00$3,181
Nov 201517521238.792.17$7,248
Oct 201516824743.552.43$7,916
Sep 20158424042.992.76$4,273
Aug 20159023440.162.87$4,287
Jul 201517031548.152.95$9,113
Jun 2015876156.152.88$5,061
May 20151917755.212.96$10,773
Apr 20157720549.822.71$4,391
Mar 201515921742.892.93$7,456
Feb 20158814044.662.98$4,347
Jan 2015876243.433.10$3,971
Dec 201415910154.693.59$9,058
Nov 20148313970.464.25$6,439
Oct 201423912478.303.90$19,197
Sep 2014706086.164.05$6,274
Aug 2014626289.394.04$5,792
Jul 20148321896.564.18$8,926
Jun 201414420898.164.74$15,120
May 201415920994.734.73$16,050
Apr 201417020295.944.81$17,281
Mar 201419720295.895.06$19,912
Feb 201417916697.406.19$18,462
Jan 201417419890.404.86$16,692
Dec 20139014291.824.35$8,882
Nov 201317517188.853.74$16,188
Oct 201317420797.423.78$17,733
Sep 201384180104.113.72$9,414
Aug 2013235166104.253.52$25,084
Jul 2013165185102.523.72$17,604
Jun 201315717094.403.93$15,489
May 2013012294.834.15$506
Apr 201316710693.964.28$16,145
Mar 20139218293.623.91$9,325
Feb 201318117291.233.42$17,101
Jan 201335219591.603.42$32,910
Dec 201217219686.773.42$15,595
Nov 201217718286.953.62$16,050
Oct 201218217789.383.40$16,869
Sep 201214315994.672.92$14,002
Aug 201219718892.662.91$18,801
Jul 201217318085.133.02$15,271
Jun 201226127579.822.52$21,526
May 201216536191.612.49$16,014
Apr 2012159190101.652.00$16,542
Mar 2012179340105.052.22$19,559
Feb 2012171262101.102.57$17,962
Jan 201234535698.092.73$34,814
Dec 201116435296.873.24$17,027
Nov 201124935895.723.31$25,020
Oct 201124335884.983.65$21,956
Sep 201132726383.623.99$28,392
Aug 201112422083.404.15$11,254
Jul 201123023394.144.52$22,705
Jun 201115429392.904.64$15,666
May 201130318698.134.40$30,553
Apr 2011382233105.964.33$41,486
Mar 201124529296.364.06$24,793
Feb 201122422485.644.18$20,120
Jan 201121330086.504.59$19,801
Dec 201031527785.734.35$28,209
Nov 201015823180.843.80$13,649
Oct 201017927178.103.51$14,931
Sep 201032832872.633.98$25,128
Aug 201016923173.684.42$13,473
Jul 201025916572.554.74$19,572
Jun 201033223870.364.91$24,528
May 201033929471.124.24$25,355
Apr 201032928081.694.12$28,030
Mar 201016628478.394.39$14,259
Feb 201016927573.585.44$13,932
Jan 201016925674.365.96$14,094
Dec 200937027071.445.48$27,913
Nov 200928033274.593.75$22,131
Oct 200925130272.544.11$19,449
Sep 200934631765.543.06$23,648
Aug 200926429867.423.22$18,758
Jul 200925427861.133.46$16,490
Jun 200926231766.163.90$18,569
May 200917627754.743.93$10,722
Apr 200927429646.773.59$13,877
Mar 200925826042.144.06$11,927
Feb 20098821732.814.63$3,893
Jan 200925426035.865.37$10,505
Dec 200834146437.105.98$15,424
Nov 200816666555.496.86$13,773
Oct 200825963475.246.92$23,876
Sep 2008352461101.767.88$39,451
Aug 2008272735114.228.48$37,303
Jul 2008512781131.0811.39$76,008
Jun 200879688131.3313.03$19,342
May 2008255817123.1711.57$40,865
Apr 2008334646110.3110.45$43,597
Mar 2008425786101.909.66$50,903
Feb 200817140692.538.77$19,383
Jan 200841819690.388.21$39,387
Dec 200741039488.337.30$39,092
Nov 200718059191.677.29$20,810
Oct 200730470582.856.92$30,066
Sep 200724168375.846.24$22,542
Aug 200732869069.066.39$27,059
Jul 200746544170.906.39$35,786
Jun 200752138162.007.55$35,178
May 200726372058.747.85$21,098
Apr 200748841959.617.81$32,360
Mar 200730936056.927.30$20,217
Feb 200730821555.108.22$18,737
Jan 200731433750.306.73$18,061
Dec 200631047756.656.92$20,862
Nov 200649764354.207.62$31,835
Oct 200627475554.906.01$19,583
Sep 200629145060.085.04$19,750
Aug 200639555468.717.34$31,207
Jul 200639669069.376.34$31,847
Jun 200644214166.286.38$30,196
May 200653958666.016.42$39,344
Apr 200639273764.397.36$30,666
Mar 200639079056.707.08$27,709
Feb 200657053357.597.75$36,958
Jan 200648830360.598.93$32,275
Dec 200555253654.9413.42$37,518
Nov 200558377354.6910.59$40,069
Oct 200558976558.3413.80$44,916
Sep 20056411,06261.4512.08$52,217
Aug 200548493861.519.80$38,960
Jul 20057241,06055.697.84$48,634
Jun 200546990152.337.38$31,193
May 200568660445.226.65$35,038
Apr 200554531349.207.36$29,118
Mar 200587425550.377.15$45,848
Feb 20055361,08945.226.31$31,112
Jan 200588495643.166.32$44,197
Dec 200491173739.866.75$41,288
Nov 20041,18255645.286.33$57,041
Oct 200437970649.706.52$23,436
Sep 200462361843.245.28$30,204
Aug 200472777942.375.55$35,127
Jul 200494993738.286.08$42,029
Jun 200478978236.106.43$33,514
May 200493392537.486.49$40,976
Apr 20049431,09234.475.86$38,903
Mar 20041,3471,29234.365.53$53,428
Feb 20041,03979232.455.51$38,079
Jan 20041,34428332.036.30$44,831
Dec 20031,97859930.266.30$63,629
Nov 20031,80469628.804.60$55,153
Oct 20031,2291,22828.174.76$40,466
Sep 20031,27670726.314.75$36,929
Aug 20031,35283829.765.13$44,534
Jul 20031,86478629.415.17$58,885
Jun 20031,57037728.565.98$47,095
May 2003177026.595.97$4,706

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.

Jun 2023 — as filed, then multipliedworked
Oil                   54 bbl  × $ 68.96 =     $3,724
Casinghead gas         0 Mcf  × $  2.26 =         $0

────────────────────────────────────────────────────
Month total                                   $3,724

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. 7C/O/15388 is the state's own key, not one this site invented.