UNIVERSITY "3-6"

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 16337District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$2.8 M
Jul 2007 – Mar 2014
Value, last 12 filed months
$154 k
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
OilDisposition29,539 bbl$2,496,610
Casinghead gasProduction64,597 Mcf$326,150
Total$2,822,761

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 31.2932, -101.7862. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.29323, -101.78621 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
10,243 ft
2 wells filed one
Completion to plug
2.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,092 and 10,393 ft, median 10,243 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2012 – Feb 2024
2 of 2 wells
Plug dates filed
Apr 2015 – Jan 2026
2 of 2 wells

Last completion to plug: a median of 2.5 years across the 2 wells that filed both dates, with the middle half between 2.2 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46137531310,393 ftFeb 2024Jan 2026Yes
42-46135291210,092 ftApr 2012Apr 2015Yes

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 2013280981104.253.52$32,646
Jul 2013208533102.523.72$23,306
Jun 201322738394.403.93$22,935
May 20134101,03394.834.15$43,166
Apr 201330391693.964.28$32,393
Mar 201329493193.623.91$31,167
Feb 201322168191.233.42$22,491
Jan 201343082791.603.42$42,216
Dec 201257594086.773.42$53,108
Nov 20124651,00086.953.62$44,057
Oct 20125021,12889.383.40$48,704
Sep 20124921,08294.672.92$49,735
Aug 201245297392.662.91$44,712
Jul 20125261,00385.133.02$47,808
Jun 20124881,04879.822.52$41,592
May 20125701,13491.612.49$55,039
Apr 20126301,194101.652.00$66,424
Mar 20128771,785105.052.22$96,095
Feb 20121,0972,018101.102.57$116,093
Jan 201272488198.092.73$73,426
Dec 201124463696.873.24$25,697
Nov 201122860695.723.31$23,831
Oct 201122367584.983.65$21,413
Sep 201122058883.623.99$20,740
Aug 201122365783.404.15$21,324
Jul 201126068294.144.52$27,557
Jun 201127470292.904.64$28,712
May 201129973298.134.40$32,565
Apr 2011287763105.964.33$33,717
Mar 201132680796.364.06$34,688
Feb 201128762485.644.18$27,187
Jan 201136173986.504.59$34,618
Dec 201035464685.734.35$33,157
Nov 201032563180.843.80$28,668
Oct 201022364978.103.51$19,694
Sep 20103014372.633.98$2,748
Aug 201011823873.684.42$9,746
Jul 201020466072.554.74$17,926
Jun 201027767770.364.91$22,814
May 201034071571.124.24$27,209
Apr 201034070781.694.12$30,689
Mar 201030067378.394.39$26,471
Feb 201026461373.585.44$22,761
Jan 201026866274.365.96$23,877
Dec 200936267971.445.48$29,585
Nov 200936868074.593.75$30,000
Oct 200938065272.544.11$30,245
Sep 200934865865.543.06$24,825
Aug 200938872667.423.22$28,496
Jul 200948382861.133.46$32,394
Jun 200946173266.163.90$33,351
May 200946076254.743.93$28,172
Apr 200967273246.773.59$34,055
Mar 200957067842.144.06$26,772
Feb 200936256432.814.63$14,490
Jan 200933875135.865.37$16,154
Dec 200845374737.105.98$21,271
Nov 200835769655.496.86$24,585
Oct 200838251275.246.92$32,286
Sep 2008298833101.767.88$36,886
Aug 2008386900114.228.48$51,724
Jul 2008348727131.0811.39$53,896
Jun 2008386881131.3313.03$62,175
May 2008424898123.1711.57$62,618
Apr 2008700992110.3110.45$87,588
Mar 20086971,555101.909.66$86,052
Feb 20084751,01692.538.77$52,863
Jan 200822453690.388.21$24,643
Dec 200732688788.337.30$35,272
Nov 20072921,33591.677.29$36,502
Oct 20074982,30782.856.92$57,228
Sep 20078103,15375.846.24$81,118
Aug 20078401,33869.066.39$66,557
Jul 20074051,14670.906.39$36,035

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                  280 bbl  × $104.25 =    $29,190
Casinghead gas       981 Mcf  × $  3.52 =     $3,456

────────────────────────────────────────────────────
Month total                                  $32,646

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/16337 is the state's own key, not one this site invented.