UNIVERSITY "3-11"

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 16255District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$6.9 M
Apr 2007 – Jun 2014
Value, last 12 filed months
$630 k
at the published price for each month
Months reported
87
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
OilDisposition75,050 bbl$6,163,250
Casinghead gasProduction140,538 Mcf$740,695
Total$6,903,945

Wells on this lease (4)

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 31.2836, -101.8464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.28266, -101.84651 · 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
75.0%
3 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
10,198 ft
4 wells filed one
Completion to plug
3.5 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
375.0%
BothOn the schedule and plugged. Neither fact cancels the other.
375.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 10,130 and 10,298 ft, median 10,198 ft, over the 4 wells that filed a depth.

Completions filed
May 2008 – May 2019
4 of 4 wells
Plug dates filed
Aug 2019 – Feb 2026
3 of 4 wells; 1 filed none

Last completion to plug: a median of 3.5 years across the 3 wells that filed both dates, with the middle half between 23 months and 10.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-46135243110,265 ftMay 2019Aug 2019Yes
42-46135244210,130 ftSep 2016
42-46137288710,298 ftMay 2016Nov 2019Yes
42-46135573410,131 ftMay 2008Feb 2026Yes

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 (87)

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

87 months

Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20141,3702,38190.404.86$135,421
Dec 20131,3002,28191.824.35$129,299
Nov 20131,0581,96988.853.74$101,364
Oct 20131,1742,14397.423.78$122,470
Sep 2013350727104.113.72$39,141
Aug 2013376846104.253.52$42,178
Jul 20135421,117102.523.72$59,719
Jun 201350188694.403.93$50,779
May 20137111,41994.834.15$73,312
Apr 20137911,33093.964.28$80,018
Mar 20137711,49193.623.91$78,015
Feb 20136721,18591.233.42$65,359
Jan 20135981,20991.603.42$58,911
Dec 20125291,01886.773.42$49,383
Nov 20129111,64786.953.62$85,182
Oct 20121,1401,93589.383.40$108,472
Sep 20121,0381,99794.672.92$104,096
Aug 20121,1012,05192.662.91$107,983
Jul 20128921,64185.133.02$80,893
Jun 20126991,30879.822.52$59,089
May 20127141,10791.612.49$68,164
Apr 20127761,108101.652.00$81,093
Mar 20128591,126105.052.22$92,740
Feb 20129991,174101.102.57$104,016
Jan 20129261,44398.092.73$94,777
Dec 20111,2241,62996.873.24$123,846
Nov 20111,3301,76495.723.31$133,149
Oct 20111,4371,90084.983.65$129,048
Sep 20118711,18383.623.99$77,548
Aug 20117131,15683.404.15$64,261
Jul 201173496894.144.52$73,471
Jun 20116891,15892.904.64$69,381
May 20117501,26098.134.40$79,148
Apr 20115871,357105.964.33$68,079
Mar 20117001,39096.364.06$73,092
Feb 20114761,16785.644.18$45,643
Jan 20116751,26186.504.59$64,174
Dec 20106361,30685.734.35$60,202
Nov 20107561,35280.843.80$66,246
Oct 20107421,36578.103.51$62,740
Sep 20109721,43572.633.98$76,307
Aug 20109031,24573.684.42$72,035
Jul 20108201,51772.554.74$66,676
Jun 20108881,62670.364.91$70,464
May 20101,1041,77571.124.24$86,034
Apr 20101,0231,80381.694.12$91,002
Mar 20109601,78978.394.39$83,106
Feb 20109461,69073.585.44$78,804
Jan 20101,1191,73674.365.96$93,563
Dec 20091,0241,76171.445.48$82,811
Nov 20091,0151,80474.593.75$82,477
Oct 20099422,08072.544.11$76,882
Sep 20091,1881,98365.543.06$83,939
Aug 20091,1482,24067.423.22$84,608
Jul 20091,1222,40961.133.46$76,934
Jun 20099272,26566.163.90$70,152
May 20091,2322,40154.743.93$76,865
Apr 20091,0792,45846.773.59$59,283
Mar 20091,0792,58742.144.06$55,970
Feb 20091,1392,85232.814.63$50,584
Jan 20091,6043,10335.865.37$74,186
Dec 20081,0072,31637.105.98$51,203
Nov 20081,8162,69155.496.86$119,231
Oct 20081,7921,76375.246.92$147,034
Sep 20081,3181,879101.767.88$148,921
Aug 20081,2162,482114.228.48$159,946
Jul 20081,3503,213131.0811.39$213,552
Jun 20081,5283,926131.3313.03$251,838
May 20087361,677123.1711.57$110,063
Apr 20084551,083110.3110.45$61,514
Mar 20085401,251101.909.66$67,116
Feb 20083931,48592.538.77$49,389
Jan 20085261,49690.388.21$59,816
Dec 20076661,68788.337.30$71,146
Nov 20075411,69691.677.29$61,960
Oct 20076571,77382.856.92$66,705
Sep 20074611,26875.846.24$42,880
Aug 20077011,44969.066.39$57,667
Jul 20078891,63070.906.39$73,442
Jun 20079491,89262.007.55$73,120
May 20071,7873,59858.747.85$133,199
Apr 200737096959.617.81$29,619

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.

Jan 2014 — as filed, then multipliedworked
Oil                1,370 bbl  × $ 90.40 =   $123,848
Casinghead gas     2,381 Mcf  × $  4.86 =    $11,573

────────────────────────────────────────────────────
Month total                                 $135,421

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/16255 is the state's own key, not one this site invented.