UNIVERSITY "1-32"

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 16296District 7CField 85279200OilCasinghead gasSave
Value, all time
$293.6 M
Jun 2007 – May 2026
Value, last 12 filed months
$20.2 M
at the published price for each month
Months reported
228
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition3,698,503 bbl$274,005,017
Casinghead gasProduction5,559,140 Mcf$19,549,524
Total$293,554,541

Wells on this lease (28)

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 31.2004, -101.7565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 4.4 miles.

31.20437, -101.75619 · 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
10.7%
3 of 28 wells
With a plug date
10.7%
3 of 28 wells
Median depth
8,326 ft
28 wells filed one
Completion to plug
8.9 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
310.7%
A plug date is filed
310.7%
BothOn the schedule and plugged. Neither fact cancels the other.
310.7%
NeitherNo plug date, and not on the schedule.
2589.3%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 28 of 28 wells. Median 8,326 ft, with the middle half between 8,188 and 8,593 ft; the shallowest is 4,792 ft and the deepest 9,581 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

00s
10s
20s

Last completion by decade, 28 of 28 wells, Oct 2007 – Apr 2026. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 2007 – Apr 2026
28 of 28 wells
Plug dates filed
Feb 2017 – Aug 2025
3 of 28 wells; 25 filed none

Last completion to plug: a median of 8.9 years across the 3 wells that filed both dates, with the middle half between 6.4 years and 9.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

28 wells

42-3833778318D4,792 ftApr 2026
42-3834104328H8,178 ftMar 2022
42-3834104126H8,473 ftMar 2022
42-3834104227H8,451 ftMar 2022
42-3834103424H8,427 ftDec 2021
42-3834103323H8,121 ftDec 2021
42-3834103525H8,436 ftDec 2021
42-38336127158,627 ftOct 2021Aug 2025Yes
42-38340918106H8,202 ftApr 2021
42-38340919108H8,172 ftApr 2021
42-38340922107H8,199 ftApr 2021
42-3833597199,407 ftOct 2016
42-38336263148,582 ftJun 2016
42-383383361H8,337 ftJan 2014
42-383383342H8,669 ftJan 2014
42-383383373H8,348 ftJan 2014
42-3833802921H8,191 ftAug 2013
42-3833824517H8,167 ftJun 2013
42-3833787419H8,014 ftJun 2013
42-3833780720H8,013 ftJun 2013
42-383378084H8,315 ftApr 2013
42-383376945H8,266 ftNov 2012
42-3833768916H8,296 ftOct 2012
42-3833755522H8,203 ftAug 2012
42-38337357109,581 ftNov 2011
42-3833620512R8,997 ftJun 2008Jul 2017Yes
42-38335948139,003 ftMar 2008Feb 2017Yes
42-38335970119,480 ftOct 2007

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 (228)

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

228 months

May 202622,05441,903106.413.05$2,474,396
Apr 202624,29539,83998.932.87$2,517,831
Mar 202621,64136,73789.753.15$2,057,981
Feb 202614,80629,44663.503.75$1,050,613
Jan 202614,97330,61659.138.00$1,130,218
Dec 202520,31140,04256.664.41$1,327,541
Nov 202521,26237,19858.593.93$1,391,796
Oct 202522,00546,70859.383.30$1,461,019
Sep 202525,27354,18562.743.08$1,752,351
Aug 202522,93949,70663.933.01$1,616,342
Jul 202523,91952,12366.743.32$1,769,152
Jun 202523,34145,48866.483.13$1,694,029
May 202526,99446,83560.553.23$1,785,872
Apr 202523,39043,77262.363.54$1,613,690
Mar 202527,87948,96467.704.27$2,096,402
Feb 202524,38637,62070.884.34$1,891,782
Jan 202523,85639,38874.324.28$1,941,507
Dec 202428,03446,55368.993.12$2,079,375
Nov 202425,44347,56169.052.20$1,861,399
Oct 202429,70152,25771.372.28$2,238,979
Sep 202427,71353,40469.612.36$2,055,368
Aug 202430,57253,75875.632.06$2,423,097
Jul 202431,03352,99279.932.15$2,594,220
Jun 202431,02251,85978.082.63$2,558,793
May 202429,79347,45678.812.20$2,452,316
Apr 202429,87047,53984.451.66$2,601,398
Mar 202432,89454,77680.301.55$2,726,024
Feb 202433,86453,41776.091.78$2,671,988
Jan 202434,00548,81673.023.30$2,644,024
Dec 202334,32747,00571.262.61$2,568,859
Nov 202336,01246,03677.892.81$2,934,224
Oct 202335,64542,02685.443.09$3,175,255
Sep 202336,45945,59789.042.74$3,371,019
Aug 202336,50948,43880.522.67$3,069,174
Jul 202342,27852,88474.852.64$3,304,217
Jun 202342,56843,66568.962.26$3,034,106
May 202341,27445,29570.622.23$3,015,660
Apr 202342,32453,97278.122.24$3,427,127
Mar 202351,96459,42472.852.39$3,927,789
Feb 202341,35342,54575.112.47$3,210,926
Jan 202348,97947,12276.533.39$3,907,999
Dec 202245,40440,14776.415.73$3,699,325
Nov 202250,68152,58185.005.65$4,604,768
Oct 202254,77255,57287.185.86$5,100,884
Sep 202254,51541,04184.888.16$4,962,279
Aug 202252,00840,98294.529.13$5,289,845
Jul 202260,34654,040101.587.54$6,537,521
Jun 202262,86055,890115.097.98$7,680,403
May 202268,48046,446109.378.43$7,881,339
Apr 202273,63051,813104.226.84$8,027,995
Mar 202270,38254,649108.885.08$7,940,612
Feb 202244,74734,17691.054.86$4,240,270
Jan 202258,60243,90381.844.54$4,995,205
Dec 202149,07928,33471.323.90$3,610,792
Nov 202124,05310,74277.435.24$1,918,678
Oct 202126,48517,85379.795.71$2,215,248
Sep 202130,21323,86269.865.35$2,238,364
Aug 202134,09331,03166.024.22$2,381,789
Jul 202133,72830,19270.783.98$2,507,495
Jun 202136,75233,88569.493.38$2,668,449
May 202137,69034,85863.483.02$2,497,751
Apr 20216,4726,45760.362.76$408,461
Mar 20214,6898,88461.302.72$311,573
Feb 20212,3515,43857.805.55$166,058
Jan 20214,77212,76450.412.81$276,427
Dec 20205,99516,37244.642.68$311,419
Nov 20207,02120,66538.772.71$328,135
Oct 20207,84523,57236.972.48$348,451
Sep 20209,55125,79037.091.99$405,596
Aug 202010,03423,90739.982.39$458,180
Jul 20208,47216,05438.371.83$354,371
Jun 20205,36315,63734.901.69$213,600
May 20206,18317,64216.921.81$136,632
Apr 20205,73619,06814.751.80$119,012
Mar 20209,38224,24530.341.86$329,654
Feb 20207,94222,66649.881.98$441,041
Jan 20209,14725,13957.252.09$576,325
Dec 20197,63124,08859.012.30$505,813
Nov 20198,17826,07855.302.75$523,976
Oct 20198,66930,50253.472.42$537,302
Sep 20198,22232,87055.052.66$539,966
Aug 20198,90634,54353.112.30$552,597
Jul 20199,75635,63456.272.46$636,632
Jun 20199,43828,91652.782.49$570,173
May 201910,31028,69358.482.74$681,557
Apr 201910,58028,18362.632.75$740,148
Mar 20198,11127,47356.803.06$544,830
Feb 20197,83427,87950.852.79$476,203
Jan 20199,14131,03546.033.23$520,947
Dec 20189,61836,31946.594.19$600,114
Nov 201810,78735,13152.934.24$719,814
Oct 201810,68129,34961.443.40$755,971
Sep 201810,88824,60359.543.11$724,738
Aug 20189,19127,94459.403.07$631,637
Jul 201811,75926,27065.142.93$843,002
Jun 201811,57023,92060.183.08$769,883
May 20188,80321,69465.382.90$638,470
Apr 201812,45620,84563.842.90$855,658
Mar 20189,55822,07361.222.79$646,655
Feb 20188,31518,12261.782.77$563,828
Jan 201810,77522,82562.874.01$768,937
Dec 201711,33023,00557.272.92$716,079
Nov 201712,13627,37655.423.12$757,945
Oct 201711,77026,93349.292.98$660,503
Sep 201711,38429,06147.523.09$630,687
Aug 201712,67929,53745.373.00$663,987
Jul 201711,58727,93843.873.09$594,574
Jun 201712,05329,41842.493.09$602,954
May 201712,10934,61245.373.26$662,338
Apr 201711,82231,72447.933.21$668,513
Mar 201713,03731,98346.772.98$705,168
Feb 201714,17028,19650.452.95$798,128
Jan 201712,50631,65649.413.42$726,147
Dec 201611,94036,81648.763.72$719,254
Nov 201613,47331,68942.492.64$656,265
Oct 201615,42035,52346.193.09$822,025
Sep 201614,89128,98241.553.10$708,584
Aug 201613,64128,96241.442.92$649,978
Jul 201616,57335,00141.622.92$792,123
Jun 201613,90230,54845.352.69$712,502
May 201615,34831,73842.521.99$715,789
Apr 201614,60130,43136.561.99$594,402
Mar 201616,27131,21433.011.79$593,104
Feb 201616,67127,10926.472.06$497,224
Jan 201616,91729,95127.352.36$533,495
Dec 201518,10332,32032.362.00$650,499
Nov 201517,64032,63838.792.17$754,993
Oct 201517,68931,32943.552.43$846,378
Sep 201517,09233,69242.992.76$827,722
Aug 201519,15135,86840.162.87$872,135
Jul 201519,41736,32048.152.95$1,041,894
Jun 201518,57242,14556.152.88$1,164,316
May 201521,64138,82555.212.96$1,309,545
Apr 201520,59637,66549.822.71$1,128,036
Mar 201524,51936,06742.892.93$1,157,466
Feb 201520,04031,19744.662.98$987,835
Jan 201521,70932,85243.433.10$1,044,684
Dec 201424,22536,48654.693.59$1,455,900
Nov 201424,89635,23470.464.25$1,903,981
Oct 201427,63437,90078.303.90$2,311,589
Sep 201424,39031,43586.164.05$2,228,611
Aug 201429,41549,34189.394.04$2,828,504
Jul 201428,92146,51896.564.18$2,987,038
Jun 201430,97849,52298.164.74$3,275,380
May 201434,21657,95694.734.73$3,515,214
Apr 201438,16062,29995.944.81$3,960,674
Mar 201449,49171,69995.895.06$5,108,259
Feb 201456,45056,70697.406.19$5,849,354
Jan 201429,86436,55290.404.86$2,877,375
Dec 201326,33839,20491.824.35$2,589,068
Nov 201325,72824,99088.853.74$2,379,352
Oct 201330,10830,62597.423.78$3,048,864
Sep 201310,98312,585104.113.72$1,190,228
Aug 201312,2457,030104.253.52$1,301,305
Jul 20137,2045,932102.523.72$760,608
Jun 20132,3332,30194.403.93$229,286
May 20134,9764,48094.834.15$490,462
Apr 20136,7296,84893.964.28$661,584
Mar 20138,1617,81693.623.91$794,616
Feb 20138,3995,36391.233.42$784,582
Jan 201312,0919,99891.603.42$1,141,728
Dec 20124,1884,50886.773.42$378,811
Nov 201255782786.953.62$51,429
Oct 201263493189.383.40$59,832
Sep 201255380694.672.92$54,705
Aug 201260791192.662.91$58,894
Jul 20126301,04185.133.02$56,777
Jun 201255498879.822.52$46,709
May 201264760291.612.49$60,770
Apr 2012687842101.652.00$71,515
Mar 2012749997105.052.22$80,898
Feb 2012324461101.102.57$33,941
Jan 201232135698.092.73$32,460
Dec 201140740296.873.24$40,728
Nov 201142744595.723.31$42,346
Oct 201140948784.983.65$36,534
Sep 201143848583.623.99$38,559
Aug 201114254283.404.15$14,092
Jul 201140656094.144.52$40,750
Jun 201126254892.904.64$26,882
May 201126857198.134.40$28,814
Apr 2011414546105.964.33$46,233
Mar 201127858496.364.06$29,158
Feb 201144749285.644.18$40,338
Jan 201144254286.504.59$40,720
Dec 201029656585.734.35$27,833
Nov 201045457080.843.80$38,865
Oct 201044259878.103.51$36,619
Sep 201029660472.633.98$23,902
Aug 201046155373.684.42$36,410
Jul 201046865172.554.74$37,037
Jun 201031152470.364.91$24,455
May 201049070271.124.24$37,822
Apr 201031668381.694.12$28,630
Mar 201063770078.394.39$53,007
Feb 201063564473.585.44$50,228
Jan 201031769574.365.96$27,717
Dec 200947173171.445.48$37,657
Nov 200962972474.593.75$49,633
Oct 200945780672.544.11$36,464
Sep 200945977265.543.06$32,449
Aug 200954380967.423.22$39,213
Jul 200980679561.133.46$52,025
Jun 200949477166.163.90$35,686
May 200963182754.743.93$37,788
Apr 200948779846.773.59$25,640
Mar 200986873242.144.06$39,549
Feb 200975560432.814.63$27,570
Jan 200972198235.865.37$31,129
Dec 20089501,08937.105.98$41,754
Nov 20081,10243755.496.86$64,148
Oct 200888238275.246.92$69,006
Sep 2008889187101.767.88$91,938
Aug 2008779204114.228.48$90,708
Jul 2008226304131.0811.39$33,086
Jun 2008304529131.3313.03$46,819
May 2008375865123.1711.57$56,201
Apr 2008241503110.3110.45$31,844
Mar 200847157101.909.66$6,307
Feb 200860092.538.77$5,552
Jan 200814930290.388.21$15,945
Dec 20079233188.337.30$10,543
Nov 200737035091.677.29$36,470
Oct 200722839282.856.92$21,603
Sep 200721739775.846.24$18,936
Aug 200725655769.066.39$21,237
Jul 200712524770.906.39$10,440
Jun 20072919962.007.55$3,300

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               22,054 bbl  × $106.41 = $2,346,766
Casinghead gas    41,903 Mcf  × $  3.05 =   $127,630

────────────────────────────────────────────────────
Month total                               $2,474,396

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/16296 is the state's own key, not one this site invented.