UNIVERSITY "3-7"

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 16300District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$12.3 M
Jul 2007 – Mar 2014
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
81
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
OilDisposition128,348 bbl$11,125,146
Casinghead gasProduction302,160 Mcf$1,219,539
Total$12,344,685

Wells on this lease (7)

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 31.2804, -101.7831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.28218, -101.78161 · 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
42.9%
3 of 7 wells
With a plug date
42.9%
3 of 7 wells
Median depth
10,308 ft
7 wells filed one
Completion to plug
13.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
342.9%
A plug date is filed
342.9%
BothOn the schedule and plugged. Neither fact cancels the other.
342.9%
NeitherNo plug date, and not on the schedule.
457.1%

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 10,096 and 10,384 ft, median 10,308 ft, over the 7 wells that filed a depth.

Completions filed
Oct 2008 – Feb 2024
7 of 7 wells
Plug dates filed
Jun 2022 – Feb 2026
3 of 7 wells; 4 filed none

Last completion to plug: a median of 13.3 years across the 3 wells that filed both dates, with the middle half between 7.7 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-46137957610,278 ftFeb 2024Jan 2026Yes
42-46138106810,308 ftJan 2013
42-46137729910,384 ftJul 2012Feb 2026Yes
42-46137643510,308 ftMar 2012
42-38337339410,329 ftJan 2012
42-46135970710,096 ftFeb 2009Jun 2022Yes
42-46135292310,156 ftOct 2008

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 (81)

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

81 months

Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20132,9136,306104.253.52$325,894
Jul 20134,5417,026102.523.72$491,664
Jun 20134,3028,23794.403.93$438,508
May 20134,94011,44594.834.15$515,946
Apr 20135,87410,56493.964.28$597,162
Mar 20136,84213,05793.623.91$691,638
Feb 20137,38912,57691.233.42$717,107
Jan 20133,7025,84891.603.42$359,103
Dec 20123,5305,41986.773.42$324,832
Nov 20123,5716,60286.953.62$334,430
Oct 20124,0669,48689.383.40$395,668
Sep 20124,3819,99494.672.92$443,916
Aug 20124,61810,41492.662.91$458,189
Jul 20122,6955,83885.133.02$247,061
Jun 20122,8545,35979.822.52$241,306
May 20124,19910,85491.612.49$411,679
Apr 20124,4138,843101.652.00$466,239
Mar 20124,5508,407105.052.22$496,659
Feb 20123,4016,554101.102.57$360,686
Jan 20127951,70398.092.73$82,638
Dec 20114221,19096.873.24$44,734
Nov 20114211,38395.723.31$44,878
Oct 20113921,50384.983.65$38,796
Sep 20114041,53883.623.99$39,913
Aug 20114171,64983.404.15$41,620
Jul 20114681,59494.144.52$51,258
Jun 20114731,35092.904.64$50,206
May 20114991,66098.134.40$56,279
Apr 20115902,274105.964.33$72,370
Mar 20116891,38496.364.06$72,007
Feb 20116151,19085.644.18$57,643
Jan 20117272,21486.504.59$73,045
Dec 20106771,45185.734.35$64,348
Nov 20106871,44180.843.80$61,006
Oct 20105941,45078.103.51$51,479
Sep 20105071,54572.633.98$42,972
Aug 20107731,85473.684.42$65,148
Jul 20107082,73072.554.74$64,296
Jun 20108361,81770.364.91$67,743
May 20101,0251,72071.124.24$80,183
Apr 20101,1533,04081.694.12$106,722
Mar 20101,0431,44878.394.39$88,116
Feb 20101,1631,84273.585.44$95,598
Jan 20101,2691,79974.365.96$105,092
Dec 20091,3472,03671.445.48$107,395
Nov 20091,2261,73874.593.75$97,967
Oct 20091,3105,17072.544.11$116,277
Sep 20091,0823,47065.543.06$81,549
Aug 20091,2743,85667.423.22$98,304
Jul 20091,5177,09461.133.46$117,311
Jun 20091,5359,95466.163.90$140,326
May 20091,4976,61754.743.93$107,922
Apr 20091,7018,15846.773.59$108,823
Mar 20091,9897,46442.144.06$114,113
Feb 20092,66310,94432.814.63$138,077
Jan 20093791,16835.865.37$19,864
Dec 20086041,24937.105.98$29,874
Nov 20086351,48555.496.86$45,424
Oct 200847371975.246.92$40,565
Sep 2008268650101.767.88$32,392
Aug 20084191,096114.228.48$57,156
Jul 20083961,327131.0811.39$67,021
Jun 20084101,387131.3313.03$71,922
May 20084351,519123.1711.57$71,160
Apr 20086161,350110.3110.45$82,065
Mar 20085711,786101.909.66$75,445
Feb 20085751,80992.538.77$69,071
Jan 20087402,28690.388.21$85,640
Dec 20075842,30488.337.30$68,408
Nov 20074181,24391.677.29$47,382
Oct 20076251,62182.856.92$63,002
Sep 20078812,16175.846.24$80,309
Aug 20071,3632,63369.066.39$110,948
Jul 20076872,26870.906.39$63,196

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 2013 — as filed, then multipliedworked
Oil                2,913 bbl  × $104.25 =   $303,680
Casinghead gas     6,306 Mcf  × $  3.52 =    $22,214

────────────────────────────────────────────────────
Month total                                 $325,894

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/16300 is the state's own key, not one this site invented.