UNIVERSITY 12-9

Operated by REVERENCE OPERATING LLC (P-5 703827) 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 16437District 7CField 85279200OilCasinghead gasSave
Value, all time
$16.8 M
Oct 2007 – May 2026
Value, last 12 filed months
$519 k
at the published price for each month
Months reported
224
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
OilDisposition206,604 bbl$14,442,766
Casinghead gasProduction652,275 Mcf$2,379,349
Total$16,822,115

Wells on this lease (5)

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 31.1023, -101.5267. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

31.10224, -101.52724 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
7,114 ft
5 wells filed one
Completion to plug
30.7 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 6,900 and 9,085 ft, median 7,114 ft, over the 5 wells that filed a depth.

Completions filed
Apr 1989 – Jul 2013
5 of 5 wells
Plug dates filed
Feb 2020
1 of 5 wells; 4 filed none

Last completion to plug: a median of 30.7 years across the 1 well that filed both dates, with the middle half between 30.7 years and 30.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-383378335H7,364 ftJul 2013
42-383377294H7,114 ftJul 2013
42-383360421R9,085 ftSep 2008
42-3833394726,900 ftJun 1989Feb 2020Yes
42-3833394816,900 ftApr 1989

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 (224)

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

224 months

May 20265071,248106.413.05$57,751
Apr 202650752198.932.87$51,653
Mar 20266733,13389.753.15$70,269
Feb 20265192,57963.503.75$42,629
Jan 20263421,32159.138.00$30,788
Dec 20256892,19056.664.41$48,704
Nov 20253381,31758.593.93$24,975
Oct 20256582,18559.383.30$46,293
Sep 20253411,87062.743.08$27,148
Aug 20258061,43863.933.01$55,863
Jul 202553545666.743.32$37,218
Jun 202534296866.483.13$25,765
May 20256822,57660.553.23$49,622
Apr 20256822,83162.363.54$52,560
Mar 20251,0153,51867.704.27$83,731
Feb 20255171,07670.884.34$41,316
Jan 20255221,32074.324.28$44,443
Dec 20243431,79568.993.12$29,266
Nov 20245172,09869.052.20$40,311
Oct 20241,0232,27771.372.28$78,206
Sep 20246852,77569.612.36$54,244
Aug 20246861,74975.632.06$55,491
Jul 20246882,07879.932.15$59,452
Jun 20245201,21778.082.63$43,807
May 20246341,43778.812.20$53,125
Apr 20245492,62084.451.66$50,710
Mar 20241,1163,00280.301.55$94,253
Feb 202402,68876.091.78$4,794
Jan 20242751,92073.023.30$26,412
Dec 20231,0183,13671.262.61$80,730
Nov 20235563,12677.892.81$52,083
Oct 20233672,18685.443.09$38,105
Sep 20237223,21889.042.74$73,088
Aug 20231791,53880.522.67$18,524
Jul 20238343,23374.852.64$70,966
Jun 20231,0643,18168.962.26$80,558
May 20231822,71370.622.23$18,896
Apr 20235433,03278.122.24$49,204
Mar 20231,0672,77972.852.39$84,382
Feb 20233642,16475.112.47$32,676
Jan 20237253,24576.533.39$66,477
Dec 20225542,98876.415.73$59,450
Nov 20225463,15085.005.65$64,196
Oct 20227033,78487.185.86$83,476
Sep 20223583,19184.888.16$56,437
Aug 20226863,89294.529.13$100,364
Jul 20225483,374101.587.54$81,113
Jun 20227452,389115.097.98$104,800
May 20225383,544109.378.43$88,728
Apr 20228983,522104.226.84$117,672
Mar 20229773,891108.885.08$126,128
Feb 20221,4333,99291.054.86$149,871
Jan 20225981,98881.844.54$57,961
Dec 20215241,80071.323.90$44,390
Nov 20215381,80977.435.24$51,131
Oct 20211761,95379.795.71$25,202
Sep 20217943,24369.865.35$72,822
Aug 20215223,31766.024.22$48,462
Jul 20218954,09970.783.98$79,671
Jun 20219014,05869.493.38$76,329
May 20216052,99163.483.02$47,431
Apr 20215442,86860.362.76$40,747
Mar 20211,1993,09561.302.72$81,908
Feb 20217283,77657.805.55$63,027
Jan 20215563,38450.412.81$37,538
Dec 20207793,29444.642.68$43,588
Nov 20208923,01738.772.71$42,749
Oct 20207742,97136.972.48$35,978
Sep 20207233,33037.091.99$33,446
Aug 20207214,12339.982.39$38,659
Jul 20201,1495,28238.371.83$53,727
Jun 20207342,61934.901.69$30,044
May 20201771,09416.921.81$4,980
Apr 20209142,82014.751.80$18,570
Mar 20207033,10830.341.86$27,098
Feb 20209182,76349.881.98$51,262
Jan 20208912,97157.252.09$57,233
Dec 20196503,80359.012.30$47,120
Nov 20199124,00055.302.75$61,436
Oct 20191,2674,11353.472.42$77,694
Sep 20196064,56655.052.66$45,493
Aug 20198954,13353.112.30$57,057
Jul 20198934,31256.272.46$60,857
Jun 20199482,94752.782.49$57,377
May 20199003,62958.482.74$62,577
Apr 20197193,78662.632.75$55,445
Mar 20199184,41256.803.06$65,652
Feb 20191,0233,94650.852.79$63,038
Jan 20197113,74246.033.23$44,807
Dec 20189164,24746.594.19$60,452
Nov 20189195,08552.934.24$70,189
Oct 20181,2915,58461.443.40$98,294
Sep 20189035,73059.543.11$71,573
Aug 20181,0085,58659.403.07$77,005
Jul 20181,0953,53665.142.93$81,695
Jun 20185522,90360.183.08$42,152
May 20181,1606,03465.382.90$93,344
Apr 20189453,58363.842.90$70,722
Mar 20181,0823,88161.222.79$77,056
Feb 20189084,04161.782.77$67,274
Jan 20181,3804,88462.874.01$106,342
Dec 20178653,20357.272.92$58,896
Nov 20171,2534,10955.423.12$82,255
Oct 20171,0113,71649.292.98$60,920
Sep 20179153,91047.523.09$55,552
Aug 20171,0994,57945.373.00$63,619
Jul 20171,0705,00143.873.09$62,380
Jun 20171,3524,96342.493.09$72,769
May 20171,0926,09145.373.26$69,421
Apr 20171,4585,79947.933.21$88,506
Mar 20179073,32746.772.98$52,347
Feb 20179503,66550.452.95$58,749
Jan 20171,4536,17049.413.42$92,887
Dec 20161,1606,15548.763.72$79,476
Nov 20161,0675,89642.492.64$60,928
Oct 20161,6625,50146.193.09$93,767
Sep 20168594,44641.553.10$49,477
Aug 20161,5265,57241.442.92$79,532
Jul 20161,4535,29041.622.92$75,944
Jun 20161,2344,54645.352.69$68,172
May 20161,2164,86642.521.99$61,393
Apr 20161,4415,74636.561.99$64,123
Mar 20161,7465,01833.011.79$66,638
Feb 20161,5134,43626.472.06$49,203
Jan 20161,6414,80027.352.36$56,230
Dec 20151,3984,71332.362.00$54,672
Nov 20151,4635,32238.792.17$68,284
Oct 20151,5275,38243.552.43$79,561
Sep 20151,9145,00342.992.76$96,083
Aug 20151,8905,15040.162.87$90,696
Jul 20151,7985,13048.152.95$101,682
Jun 20151,6934,37056.152.88$107,660
May 20152,0054,27855.212.96$123,339
Apr 20151,6763,30649.822.71$92,446
Mar 20152,4354,39042.892.93$117,321
Feb 20152,2083,93644.662.98$110,324
Jan 20151,9804,74543.433.10$100,704
Dec 20142,6535,65454.693.59$165,398
Nov 20142,1032,84370.464.25$160,265
Oct 20142,0773,62178.303.90$176,754
Sep 20142,3203,90486.164.05$215,685
Aug 20142,7083,93189.394.04$257,930
Jul 20142,2643,90496.564.18$234,929
Jun 20142,5304,81498.164.74$271,148
May 20143,1517,35694.734.73$333,263
Apr 20142,8327,50395.944.81$307,785
Mar 20143,6816,67695.895.06$386,730
Feb 20143,3816,38397.406.19$368,833
Jan 20143,7386,43890.404.86$369,209
Dec 20134,2798,47091.824.35$429,780
Nov 20133,7729,94388.853.74$372,312
Oct 20135,08613,72197.423.78$547,335
Sep 20136,40311,486104.113.72$709,318
Aug 20138,12210,584104.253.52$884,002
Jul 20132,1131,881102.523.72$223,618
Jun 201334973494.403.93$35,833
May 2013073994.834.15$3,066
Apr 201337594593.964.28$39,282
Mar 201301,03093.623.91$4,030
Feb 201354779191.233.42$52,608
Jan 2013181891.603.42$2,889
Dec 201218383386.773.42$18,728
Nov 201236489386.953.62$34,887
Oct 201217992189.383.40$19,130
Sep 2012089794.672.92$2,618
Aug 201235891392.662.91$35,827
Jul 201236475285.133.02$33,259
Jun 201218280679.822.52$16,558
May 201218789891.612.49$19,366
Apr 2012357905101.652.00$38,096
Mar 2012183884105.052.22$21,188
Feb 2012371884101.102.57$39,780
Jan 201217744498.092.73$18,576
Dec 201119128096.873.24$19,409
Nov 201118427995.723.31$18,536
Oct 201118633084.983.65$17,010
Sep 201118033783.623.99$16,395
Aug 201116832183.404.15$15,343
Jul 201118545694.144.52$19,476
Jun 201118214792.904.64$17,590
May 201135134298.134.40$35,950
Apr 20110224105.964.33$971
Mar 201136325796.364.06$36,021
Feb 2011019485.644.18$811
Jan 201136819686.504.59$32,731
Dec 201036322185.734.35$32,081
Nov 201018326380.843.80$15,792
Oct 201018824878.103.51$15,553
Sep 201036630672.633.98$27,800
Aug 201034834073.684.42$27,143
Jul 201036616172.554.74$27,316
Jun 201035719170.364.91$26,056
May 2010015171.124.24$640
Apr 2010012081.694.12$495
Mar 201036420578.394.39$29,434
Feb 201036929473.585.44$28,751
Jan 2010032374.365.96$1,926
Dec 200936833171.445.48$28,105
Nov 200936330974.593.75$28,235
Oct 200936743872.544.11$28,422
Sep 2009033465.543.06$1,024
Aug 200972038667.423.22$49,785
Jul 200936538661.133.46$23,650
Jun 200936737066.163.90$25,722
May 2009142354.743.93$1,715
Apr 200972061446.773.59$35,877
Mar 200937593942.144.06$19,614
Feb 200974078832.814.63$27,930
Jan 200936986435.865.37$17,873
Dec 20087311,07637.105.98$33,552
Nov 20083854,62055.496.86$53,059
Oct 20087342,37075.246.92$71,631
Sep 20087173101.767.88$2,075
Aug 20083541,305114.228.48$51,504
Jul 200862,088131.0811.39$24,568
Jun 2008356852131.3313.03$57,857
May 200821,615123.1711.57$18,939
Apr 20083631,379110.3110.45$54,460
Mar 20083591,163101.909.66$47,821
Feb 20083661,81692.538.77$49,793
Jan 200862,51890.388.21$21,204
Dec 20077244,36288.337.30$95,802
Nov 200701,99091.677.29$14,510
Oct 2007012482.856.92$858

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                  507 bbl  × $106.41 =    $53,950
Casinghead gas     1,248 Mcf  × $  3.05 =     $3,801

────────────────────────────────────────────────────
Month total                                  $57,751

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/16437 is the state's own key, not one this site invented.