UNIVERSITY "10-2A"

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 16351District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jun 2007 – Sep 2012
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
64
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
OilDisposition14,132 bbl$1,182,005
Casinghead gasProduction36,367 Mcf$199,505
Total$1,381,510

Wells on this lease (1)

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 31.2896, -101.5362. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28963, -101.53615 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,316 ft
1 wells filed one
Completion to plug
9.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 9,316 ft.

Completions filed
Jan 2008
1 of 1 wells
Plug dates filed
May 2017
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833596589,316 ftJan 2008May 2017Yes

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 (64)

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

64 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012108232101.102.57$11,515
Jan 20126024398.092.73$6,550
Dec 20116519396.873.24$6,922
Nov 20119128495.723.31$9,651
Oct 201111627484.983.65$10,857
Sep 201115330983.623.99$14,025
Aug 201113329683.404.15$12,320
Jul 201119430694.144.52$19,645
Jun 201120739692.904.64$21,068
May 201115039898.134.40$16,473
Apr 2011130407105.964.33$15,538
Mar 201116964496.364.06$18,898
Feb 201116063985.644.18$16,373
Jan 201118070986.504.59$18,823
Dec 201012576185.734.35$14,025
Nov 201014173980.843.80$14,203
Oct 201013280378.103.51$13,127
Sep 201011994372.633.98$12,396
Aug 201016397373.684.42$16,310
Jul 201011882272.554.74$12,454
Jun 201014298470.364.91$14,823
May 201017296571.124.24$16,320
Apr 201016796481.694.12$17,617
Mar 201020896578.394.39$20,540
Feb 201018479773.585.44$17,876
Jan 201019191474.365.96$19,654
Dec 200923895971.445.48$22,262
Nov 20092491,01274.593.75$22,369
Oct 200921699672.544.11$19,762
Sep 20092741,01265.543.06$21,059
Aug 200917792467.423.22$14,907
Jul 200925489561.133.46$18,628
Jun 200923891566.163.90$19,310
May 200929796954.743.93$20,062
Apr 200932071846.773.59$17,542
Mar 200944465742.144.06$21,377
Feb 200940365332.814.63$16,248
Jan 200953682235.865.37$23,636
Dec 200845577937.105.98$21,537
Nov 200821047855.496.86$14,932
Oct 200836384675.246.92$33,168
Sep 2008424440101.767.88$46,612
Aug 2008372953114.228.48$50,574
Jul 2008528743131.0811.39$77,673
Jun 2008343361131.3313.03$49,751
May 2008598755123.1711.57$82,394
Apr 20081,1991,122110.3110.45$143,992
Mar 20081,1921,288101.909.66$133,912
Feb 200844794592.538.77$49,649
Jan 20081813190.388.21$2,702
Dec 20075121188.337.30$6,046
Nov 20076118691.677.29$6,948
Oct 20075110182.856.92$4,924
Sep 200710823175.846.24$9,633
Aug 200725624169.066.39$19,219
Jul 2007326470.906.39$2,678
Jun 20070062.007.55$0

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.

Feb 2012 — as filed, then multipliedworked
Oil                  108 bbl  × $101.10 =    $10,919
Casinghead gas       232 Mcf  × $  2.57 =       $596

────────────────────────────────────────────────────
Month total                                  $11,515

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/16351 is the state's own key, not one this site invented.