UNIVERSITY "3-20"

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 16449District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$3.1 M
Dec 2007 – May 2022
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
174
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
OilDisposition33,292 bbl$2,633,106
Casinghead gasProduction116,889 Mcf$453,619
Total$3,086,725

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 31.2548, -101.8009. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.25479, -101.80089 · 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
10,351 ft
2 wells filed one
Completion to plug
8.6 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 10,300 and 10,402 ft, median 10,351 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2007 – Nov 2011
2 of 2 wells
Plug dates filed
Sep 2014 – Mar 2022
2 of 2 wells

Last completion to plug: a median of 8.6 years across the 2 wells that filed both dates, with the middle half between 7.7 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46137284310,402 ftNov 2011Mar 2022Yes
42-46135485210,300 ftDec 2007Sep 2014Yes

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 (174)

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

174 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202103871.323.90$148
Nov 202103677.435.24$189
Oct 202104579.795.71$257
Sep 202104369.865.35$230
Aug 202104466.024.22$186
Jul 202105270.783.98$207
Jun 202104769.493.38$159
May 202101863.483.02$54
Apr 202104860.362.76$132
Mar 202105161.302.72$139
Feb 202102857.805.55$155
Jan 202104250.412.81$118
Dec 202086944.642.68$542
Nov 2020578938.772.71$2,451
Oct 202011124736.972.48$4,716
Sep 20205129937.091.99$2,487
Aug 2020012139.982.39$289
Jul 2020010638.371.83$193
Jun 202007934.901.69$134
May 202032516.921.81$96
Apr 20201318214.751.80$520
Mar 20206036230.341.86$2,492
Feb 20205729849.881.98$3,433
Jan 20207828257.252.09$5,056
Dec 20198735459.012.30$5,950
Nov 20197529055.302.75$4,945
Oct 20196428753.472.42$4,116
Sep 20195937855.052.66$4,252
Aug 20196230853.112.30$4,003
Jul 201910846556.272.46$7,221
Jun 20198028252.782.49$4,925
May 20199731558.482.74$6,536
Apr 20197929962.632.75$5,770
Mar 20199632256.803.06$6,439
Feb 20198122450.852.79$4,744
Jan 201911044646.033.23$6,503
Dec 201811033546.594.19$6,527
Nov 201815633352.934.24$9,668
Oct 201812726561.443.40$8,703
Sep 20187113359.543.11$4,641
Aug 201818321459.403.07$11,526
Jul 201812023865.142.93$8,515
Jun 20187935560.183.08$5,847
May 20188633965.382.90$6,606
Apr 20187639463.842.90$5,995
Mar 20188551561.222.79$6,639
Feb 20189649361.782.77$7,295
Jan 201812130862.874.01$8,842
Dec 20179038657.272.92$6,282
Nov 201710841455.423.12$7,276
Oct 201710143449.292.98$6,273
Sep 20178347347.523.09$5,404
Aug 20173139345.373.00$2,587
Jul 20173552243.873.09$3,147
Jun 20175348442.493.09$3,746
May 20179041045.373.26$5,421
Apr 201710642847.933.21$6,455
Mar 20179248946.772.98$5,762
Feb 20176941850.452.95$4,715
Jan 201712554949.413.42$8,053
Dec 201623942648.763.72$13,240
Nov 201623646142.492.64$11,247
Oct 201613553046.193.09$7,873
Sep 20167742941.553.10$4,530
Aug 201610147141.442.92$5,563
Jul 201610548741.622.92$5,794
Jun 201611748245.352.69$6,601
May 20168931242.521.99$4,405
Apr 20169327136.561.99$3,940
Mar 20161811,12433.011.79$7,991
Feb 201610141826.472.06$3,536
Jan 201612552127.352.36$4,651
Dec 201511756932.362.00$4,925
Nov 20151811,22438.792.17$9,674
Oct 201514146543.552.43$7,269
Sep 201516453042.992.76$8,512
Aug 201515946840.162.87$7,730
Jul 201516161248.152.95$9,555
Jun 201514067456.152.88$9,804
May 201515761255.212.96$10,477
Apr 201514065949.822.71$8,758
Mar 201518159542.892.93$9,509
Feb 201514863744.662.98$8,506
Jan 201519072443.433.10$10,497
Dec 201415370554.693.59$10,899
Nov 201412974770.464.25$12,265
Oct 201412972078.303.90$12,909
Sep 201412644586.164.05$12,656
Aug 201410642289.394.04$11,178
Jul 201415749996.564.18$17,246
Jun 201418382298.164.74$21,857
May 201411348094.734.73$12,973
Apr 201418396195.944.81$22,179
Mar 20142211,03495.895.06$26,420
Feb 201419385997.406.19$24,117
Jan 201419395790.404.86$22,099
Dec 201318353391.824.35$19,124
Nov 201315543588.853.74$15,398
Oct 20132611,17797.423.78$29,875
Sep 2013208918104.113.72$25,068
Aug 2013213975104.253.52$25,640
Jul 20133381,366102.523.72$39,730
Jun 20133241,31094.403.93$35,738
May 20133891,47194.834.15$42,992
Apr 20133481,47893.964.28$39,028
Mar 20133591,56293.623.91$39,721
Feb 20133651,40991.233.42$38,118
Jan 20134181,57291.603.42$43,665
Dec 20123981,73386.773.42$40,462
Nov 20123841,72786.953.62$39,649
Oct 20123881,86989.383.40$41,033
Sep 20123911,94794.672.92$42,698
Aug 20124281,70992.662.91$44,629
Jul 20125852,89785.133.02$58,552
Jun 20125742,69879.822.52$52,613
May 20127113,44091.612.49$73,695
Apr 20129214,740101.652.00$103,084
Mar 20127232,274105.052.22$81,004
Feb 20128822,054101.102.57$94,449
Jan 20121,0222,05198.092.73$105,856
Dec 20111,5402,56896.873.24$157,499
Nov 201124758095.723.31$25,563
Oct 201116299284.983.65$17,386
Sep 20117735183.623.99$7,838
Aug 20118239683.404.15$8,482
Jul 20115434694.144.52$6,647
Jun 201111040692.904.64$12,103
May 201113842698.134.40$15,418
Apr 2011127394105.964.33$15,164
Mar 201112236896.364.06$13,249
Feb 201113436785.644.18$13,010
Jan 201114244686.504.59$14,330
Dec 201015585885.734.35$17,019
Nov 201014199280.843.80$15,163
Oct 20101451,11978.103.51$15,251
Sep 20101401,09272.633.98$14,514
Aug 20101701,04973.684.42$17,162
Jul 20101471,20372.554.74$16,363
Jun 201013979670.364.91$13,689
May 201016453971.124.24$13,946
Apr 201016545381.694.12$15,346
Mar 201015254278.394.39$14,294
Feb 201013243873.585.44$12,096
Jan 201014749574.365.96$13,883
Dec 200915453871.445.48$13,952
Nov 200917251674.593.75$14,765
Oct 200921155372.544.11$17,579
Sep 200919057565.543.06$14,215
Aug 200921957567.423.22$16,616
Jul 200918662261.133.46$13,525
Jun 200926256666.163.90$19,538
May 200938058854.743.93$23,110
Apr 200955054246.773.59$27,668
Mar 200939664142.144.06$19,289
Feb 200930155332.814.63$12,438
Jan 200934962635.865.37$15,877
Dec 200834259737.105.98$16,257
Nov 200824062155.496.86$17,578
Oct 200825736375.246.92$21,849
Sep 2008212439101.767.88$25,031
Aug 2008266719114.228.48$36,482
Jul 2008203573131.0811.39$33,135
Jun 2008199371131.3313.03$30,970
May 2008312685123.1711.57$46,357
Apr 20085121,013110.3110.45$67,069
Mar 20084791,235101.909.66$60,745
Feb 20086421,69292.538.77$74,244
Jan 20081,0022,18990.388.21$108,523
Dec 200746364188.337.30$45,577

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.

Dec 2021 — as filed, then multipliedworked
Oil                    0 bbl  × $ 71.32 =         $0
Casinghead gas        38 Mcf  × $  3.90 =       $148

────────────────────────────────────────────────────
Month total                                     $148

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/16449 is the state's own key, not one this site invented.