UNIVERSITY "2-4"

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 16268District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$2.2 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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
OilDisposition22,529 bbl$1,828,569
Casinghead gasProduction64,374 Mcf$323,745
Total$2,152,314

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 31.2215, -101.7367. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.22146, -101.73673 · 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
8,991 ft
2 wells filed one
Completion to plug
8.8 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 8,979 and 9,002 ft, median 8,991 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2008 – Sep 2016
2 of 2 wells
Plug dates filed
Nov 2016
1 of 2 wells; 1 filed none

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3833590259,002 ftSep 2016
42-3833590318,979 ftFeb 2008Nov 2016Yes

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 (229)

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

229 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 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016584041.442.92$2,520
Jul 20169942441.622.92$5,360
Jun 201617440745.352.69$8,984
May 20168744242.521.99$4,579
Apr 201610840736.561.99$4,759
Mar 201614442933.011.79$5,523
Feb 201614439626.472.06$4,629
Jan 201614842227.352.36$5,046
Dec 201518242232.362.00$6,734
Nov 201510641338.792.17$5,007
Oct 201514340343.552.43$7,206
Sep 201511442142.992.76$6,062
Aug 201514742940.162.87$7,136
Jul 201512646848.152.95$7,445
Jun 20159441956.152.88$6,486
May 201517344555.212.96$10,867
Apr 20159942649.822.71$6,085
Mar 201518040642.892.93$8,912
Feb 201512325344.662.98$6,246
Jan 201513819643.433.10$6,601
Dec 201422133554.693.59$13,290
Nov 201412833270.464.25$10,430
Oct 201412540178.303.90$11,352
Sep 201413637686.164.05$13,239
Aug 201414033089.394.04$13,846
Jul 201420343496.564.18$21,416
Jun 201410742398.164.74$12,507
May 201413446094.734.73$14,868
Apr 20148742895.944.81$10,405
Mar 20149944595.895.06$11,743
Feb 201410241497.406.19$12,498
Jan 201415744690.404.86$16,361
Dec 201316544091.824.35$17,066
Nov 201310444188.853.74$10,889
Oct 201316747397.423.78$18,057
Sep 2013174473104.113.72$19,874
Aug 2013161480104.253.52$18,475
Jul 2013110499102.523.72$13,132
Jun 201323748894.403.93$24,292
May 201317349594.834.15$18,459
Apr 201313548593.964.28$14,762
Mar 201329050593.623.91$29,126
Feb 201327642591.233.42$26,633
Jan 201327448291.603.42$26,747
Dec 201220247086.773.42$19,135
Nov 201214648686.953.62$14,456
Oct 201219051689.383.40$18,736
Sep 201218051794.672.92$18,549
Aug 201215355892.662.91$15,800
Jul 201213552985.133.02$13,091
Jun 201211740679.822.52$10,362
May 201211643391.612.49$11,704
Apr 2012126330101.652.00$13,467
Mar 2012105487105.052.22$12,112
Feb 201293479101.102.57$10,633
Jan 20128251198.092.73$9,440
Dec 201110252596.873.24$11,582
Nov 201110651595.723.31$11,852
Oct 20118551384.983.65$9,095
Sep 201125644083.623.99$23,160
Aug 201111850683.404.15$11,941
Jul 201134955694.144.52$35,366
Jun 201123854292.904.64$24,625
May 201121059998.134.40$23,246
Apr 2011257590105.964.33$29,788
Mar 201117261196.364.06$19,053
Feb 201128453485.644.18$26,554
Jan 201127158886.504.59$26,140
Dec 201018460885.734.35$18,418
Nov 201027759880.843.80$24,662
Oct 201026963078.103.51$23,220
Sep 201019167072.633.98$16,539
Aug 201028158573.684.42$23,289
Jul 201024764272.554.74$20,961
Jun 201013865470.364.91$12,921
May 201019160271.124.24$16,134
Apr 201011664881.694.12$12,148
Mar 201022765678.394.39$20,674
Feb 201022460673.585.44$19,780
Jan 201011466474.365.96$12,437
Dec 200916668471.445.48$15,610
Nov 200921671774.593.75$18,801
Oct 200915975472.544.11$14,633
Sep 200916474265.543.06$13,023
Aug 200919977867.423.22$15,921
Jul 200927975361.133.46$19,664
Jun 200917074166.163.90$14,133
May 200922880154.743.93$15,625
Apr 200917175146.773.59$10,692
Mar 200928878642.144.06$15,327
Feb 200922871532.814.63$10,793
Jan 200918674935.865.37$10,693
Dec 200822080637.105.98$12,980
Nov 200830281755.496.86$22,363
Oct 200821334075.246.92$18,380
Sep 2008243504101.767.88$28,698
Aug 2008425542114.228.48$53,141
Jul 2008421900131.0811.39$65,435
Jun 2008556856131.3313.03$84,175
May 20087611,075123.1711.57$106,175
Apr 20088161,288110.3110.45$103,479
Mar 20083072,063101.909.66$51,220
Feb 200810116092.538.77$10,749
Jan 200818249990.388.21$20,544
Dec 200710462988.337.30$13,779
Nov 200734167391.677.29$36,167
Oct 200713578982.856.92$16,646
Sep 200714981775.846.24$16,402
Aug 200747495969.066.39$38,860
Jul 20075811,12170.906.39$48,354
Jun 20076901,69362.007.55$55,560
May 20071089058.747.85$7,571

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.

Aug 2016 — as filed, then multipliedworked
Oil                   58 bbl  × $ 41.44 =     $2,404
Casinghead gas        40 Mcf  × $  2.92 =       $117

────────────────────────────────────────────────────
Month total                                   $2,520

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/16268 is the state's own key, not one this site invented.