UNIVERSITY -24C-

Operated by APACHE CORPORATION (P-5 27200) 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 16162District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$2.0 M
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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
OilDisposition23,002 bbl$1,662,029
Casinghead gasProduction63,631 Mcf$296,306
Total$1,958,335

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 31.3078, -101.6067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.30777, -101.60670 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,165 ft
2 wells filed one
Completion to plug
35.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 7,800 and 8,529 ft, median 8,165 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1975 – Jan 2006
2 of 2 wells
Plug dates filed
May 2010
1 of 2 wells; 1 filed none

Last completion to plug: a median of 35.3 years across the 1 well that filed both dates, with the middle half between 35.3 years and 35.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-383356657TM8,529 ftJan 2006
42-3833048537,800 ftJan 1975May 2010Yes

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 (231)

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

231 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
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 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 202110079.795.71$798
Sep 2021413769.865.35$3,062
Aug 2021735666.024.22$5,056
Jul 2021547270.783.98$4,109
Jun 2021502869.493.38$3,569
May 2021398063.483.02$2,717
Apr 202107560.362.76$207
Mar 202143061.302.72$2,636
Feb 202101457.805.55$78
Jan 202104650.412.81$129
Dec 2020313744.642.68$1,483
Nov 202004638.772.71$125
Oct 2020274236.972.48$1,102
Sep 202001437.091.99$28
Aug 2020293939.982.39$1,252
Jul 2020292438.371.83$1,157
Jun 2020132434.901.69$494
May 202006416.921.81$116
Apr 2020103914.751.80$218
Mar 202002730.341.86$50
Feb 2020396349.881.98$2,070
Jan 2020296557.252.09$1,796
Dec 2019468159.012.30$2,901
Nov 20194216355.302.75$2,771
Oct 20199015153.472.42$5,178
Sep 20195511055.052.66$3,320
Aug 2019507253.112.30$2,821
Jul 20194410856.272.46$2,742
Jun 20192110452.782.49$1,367
May 2019649358.482.74$3,998
Apr 2019269862.632.75$1,898
Mar 2019389556.803.06$2,449
Feb 20194013650.852.79$2,414
Jan 2019594446.033.23$2,858
Dec 2018784546.594.19$3,822
Nov 2018697452.934.24$3,966
Oct 2018807161.443.40$5,156
Sep 20185210759.543.11$3,429
Aug 20186214759.403.07$4,134
Jul 20185814065.142.93$4,189
Jun 2018854360.183.08$5,248
May 20187112565.382.90$5,005
Apr 20185613363.842.90$3,961
Mar 20187211361.222.79$4,723
Feb 20186912561.782.77$4,609
Jan 20189927362.874.01$7,319
Dec 20178133157.272.92$5,606
Nov 201711530955.423.12$7,337
Oct 20179432549.292.98$5,603
Sep 201710829147.523.09$6,031
Aug 20177340645.373.00$4,532
Jul 201712635043.873.09$6,608
Jun 20179632042.493.09$5,067
May 201712226245.373.26$6,390
Apr 20178115447.933.21$4,377
Mar 201712127946.772.98$6,492
Feb 20179821950.452.95$5,591
Jan 20175227649.413.42$3,513
Dec 20167723648.763.72$4,633
Nov 2016208442.492.64$1,072
Oct 20165514846.193.09$2,998
Sep 20163111041.553.10$1,629
Aug 2016569241.442.92$2,590
Jul 201616526741.622.92$7,648
Jun 201618228345.352.69$9,014
May 201616638342.521.99$7,821
Apr 201622830036.561.99$8,933
Mar 201620314433.011.79$6,959
Feb 201616817426.472.06$4,806
Jan 201629715227.352.36$8,482
Dec 201523011032.362.00$7,663
Nov 20151344238.792.17$5,289
Oct 201521214143.552.43$9,575
Sep 201501742.992.76$47
Aug 2015122140.162.87$675
Jul 20153812048.152.95$2,183
Jun 201510225156.152.88$6,451
May 201510922955.212.96$6,695
Apr 201512820449.822.71$6,929
Mar 201517323242.892.93$8,101
Feb 201513125544.662.98$6,609
Jan 20158816743.433.10$4,340
Dec 201411719454.693.59$7,095
Nov 20146441370.464.25$6,265
Oct 201411446378.303.90$10,732
Sep 20149641386.164.05$9,942
Aug 20147347189.394.04$8,426
Jul 201410652896.564.18$12,442
Jun 20149755798.164.74$12,160
May 201410055394.734.73$12,087
Apr 201411450295.944.81$13,351
Mar 201412351195.895.06$14,378
Feb 201410241797.406.19$12,517
Jan 201414748690.404.86$15,651
Dec 201311352491.824.35$12,657
Nov 20139547688.853.74$10,220
Oct 201313155797.423.78$14,867
Sep 2013119528104.113.72$14,352
Aug 2013118322104.253.52$13,436
Jul 2013112323102.523.72$12,683
Jun 201312034194.403.93$12,669
May 201313564794.834.15$15,487
Apr 201315682093.964.28$18,169
Mar 201316373193.623.91$18,120
Feb 201312139691.233.42$12,393
Jan 201315038491.603.42$15,053
Dec 201213936986.773.42$13,323
Nov 201211739286.953.62$11,594
Oct 201213949889.383.40$14,117
Sep 201213354394.672.92$14,176
Aug 201214056092.662.91$14,601
Jul 201217149785.133.02$16,059
Jun 201213850279.822.52$12,280
May 201215452491.612.49$15,412
Apr 2012161516101.652.00$17,396
Mar 2012123556105.052.22$14,157
Feb 2012116500101.102.57$13,013
Jan 201212461098.092.73$13,831
Dec 20119858596.873.24$11,389
Nov 201111260495.723.31$12,721
Oct 201111766584.983.65$12,369
Sep 201116568683.623.99$16,532
Aug 201114874083.404.15$15,414
Jul 201116073494.144.52$18,378
Jun 201115871292.904.64$17,982
May 201116178698.134.40$19,261
Apr 2011152675105.964.33$19,031
Mar 201117658596.364.06$19,333
Feb 201114250685.644.18$14,276
Jan 201119758286.504.59$19,711
Dec 201018456185.734.35$18,213
Nov 201015443380.843.80$14,093
Oct 201014249078.103.51$12,810
Sep 201016354072.633.98$13,988
Aug 201014449273.684.42$12,784
Jul 201013155972.554.74$12,152
Jun 201015449770.364.91$13,276
May 201013653271.124.24$11,925
Apr 201014852081.694.12$14,234
Mar 201017557678.394.39$16,246
Feb 201015250873.585.44$13,949
Jan 201017958074.365.96$16,770
Dec 200919058471.445.48$16,776
Nov 200919154974.593.75$16,306
Oct 200920551672.544.11$16,992
Sep 200921254265.543.06$15,556
Aug 200921359267.423.22$16,266
Jul 200921664461.133.46$15,435
Jun 200921458966.163.90$16,452
May 200920151254.743.93$13,013
Apr 200920360846.773.59$11,676
Mar 200924968142.144.06$13,257
Feb 200923668032.814.63$10,894
Jan 200925663735.865.37$12,601
Dec 200812129837.105.98$6,270
Nov 200822965555.496.86$17,201
Oct 200823560575.246.92$21,869
Sep 2008178430101.767.88$21,500
Aug 2008202593114.228.48$28,103
Jul 2008223673131.0811.39$36,896
Jun 2008205553131.3313.03$34,130
May 2008226578123.1711.57$34,526
Apr 2008235526110.3110.45$31,422
Mar 2008257500101.909.66$31,020
Feb 200825544492.538.77$27,489
Jan 200823662590.388.21$26,458
Dec 200726560688.337.30$27,832
Nov 200725267691.677.29$28,030
Oct 200744770782.856.92$41,928
Sep 200739173475.846.24$34,237
Aug 200734371469.066.39$28,249
Jul 200737970270.906.39$31,355
Jun 200734672462.007.55$26,917
May 200739573658.747.85$28,977
Apr 200738459459.617.81$27,527
Mar 200741962556.927.30$28,413

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.

Oct 2021 — as filed, then multipliedworked
Oil                   10 bbl  × $ 79.79 =       $798
Casinghead gas         0 Mcf  × $  5.71 =         $0

────────────────────────────────────────────────────
Month total                                     $798

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/16162 is the state's own key, not one this site invented.