UNIVERSITY "3-28"

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 16468District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$3.0 M
Jan 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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
OilDisposition35,052 bbl$2,698,694
Casinghead gasProduction85,232 Mcf$320,407
Total$3,019,101

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 31.2439, -101.8163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.24394, -101.81626 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
10,069 ft
2 wells filed one
Completion to plug
10.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 9,750 and 10,388 ft, median 10,069 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2008 – Feb 2012
2 of 2 wells
Plug dates filed
Feb 2018
1 of 2 wells; 1 filed none

Last completion to plug: a median of 10.1 years across the 1 well that filed both dates, with the middle half between 10.1 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-46137574210,388 ftFeb 2012
42-4613546119,750 ftJan 2008Feb 2018Yes

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 (221)

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

221 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
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 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202003744.642.68$99
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202003437.091.99$68
Aug 202009939.982.39$236
Jul 2020010138.371.83$184
Jun 202009634.901.69$162
May 2020189716.921.81$481
Apr 20203311014.751.80$685
Mar 202012237330.341.86$4,394
Feb 202010534349.881.98$5,917
Jan 202010834957.252.09$6,914
Dec 201912337459.012.30$8,120
Nov 201913033455.302.75$8,108
Oct 201911742353.472.42$7,279
Sep 20198038055.052.66$5,414
Aug 20199537553.112.30$5,910
Jul 201911939256.272.46$7,660
Jun 201910834552.782.49$6,560
May 201912642558.482.74$8,533
Apr 20196534862.632.75$5,028
Mar 201911733556.803.06$7,671
Feb 201910634850.852.79$6,362
Jan 20199924646.033.23$5,351
Dec 201813844746.594.19$8,300
Nov 20186736752.934.24$5,101
Oct 20188918761.443.40$6,104
Sep 20187928459.543.11$5,586
Aug 2018736859.403.07$4,545
Jul 20184525665.142.93$3,682
Jun 20186537760.183.08$5,072
May 20188313365.382.90$5,812
Apr 20189938063.842.90$7,422
Mar 201810934861.222.79$7,643
Feb 201811738161.782.77$8,282
Jan 201813331762.874.01$9,633
Dec 201712041157.272.92$8,073
Nov 201712533755.423.12$7,978
Oct 20179737049.292.98$5,885
Sep 20179242547.523.09$5,684
Aug 20177348345.373.00$4,763
Jul 20179236743.873.09$5,169
Jun 201711943242.493.09$6,390
May 201714149445.373.26$8,009
Apr 201711240447.933.21$6,666
Mar 201715040146.772.98$8,212
Feb 201712136050.452.95$7,167
Jan 201716339549.413.42$9,404
Dec 201619334748.763.72$10,703
Nov 201611739942.492.64$6,026
Oct 201612040546.193.09$6,794
Sep 201612630441.553.10$6,178
Aug 201611551741.442.92$6,277
Jul 20167627641.622.92$3,970
Jun 20168740745.352.69$5,039
May 20169250142.521.99$4,909
Apr 201610845736.561.99$4,858
Mar 201610136633.011.79$3,991
Feb 201610235026.472.06$3,422
Jan 201612240527.352.36$4,294
Dec 201510244232.362.00$4,185
Nov 20157841538.792.17$3,925
Oct 201515736643.552.43$7,725
Sep 201515850442.992.76$8,183
Aug 201517355940.162.87$8,553
Jul 201522250548.152.95$12,177
Jun 201526952156.152.88$16,606
May 201528063255.212.96$17,327
Apr 201532955849.822.71$17,901
Mar 201541369842.892.93$19,762
Feb 201532967044.662.98$16,687
Jan 201543483343.433.10$21,431
Dec 201436580854.693.59$22,864
Nov 201431881970.464.25$25,889
Oct 201437787278.303.90$32,921
Sep 201433590886.164.05$32,537
Aug 201426076889.394.04$26,340
Jul 201426887796.564.18$29,544
Jun 201424798298.164.74$28,897
May 201430279794.734.73$32,376
Apr 20142931,15695.944.81$33,670
Mar 20143611,51695.895.06$42,282
Feb 20142461,17797.406.19$31,248
Jan 201439094690.404.86$39,854
Dec 201331469691.824.35$31,862
Nov 201327373988.853.74$27,019
Oct 201333182997.423.78$35,379
Sep 2013288838104.113.72$33,099
Aug 2013376827104.253.52$42,111
Jul 20133911,239102.523.72$44,692
Jun 201337496794.403.93$39,109
May 20134981,14794.834.15$51,984
Apr 20133981,04493.964.28$41,867
Mar 20134321,03693.623.91$44,498
Feb 201343083291.233.42$42,074
Jan 201342884491.603.42$42,091
Dec 201240299986.773.42$38,298
Nov 20124201,03386.953.62$40,264
Oct 20124611,28989.383.40$45,586
Sep 20123951,54394.672.92$41,898
Aug 20123741,73492.662.91$39,698
Jul 20126683,86785.133.02$68,548
Jun 20127362,86079.822.52$65,952
May 20121,0762,33791.612.49$104,388
Apr 20121,0862,073101.652.00$114,531
Mar 2012642955105.052.22$69,564
Feb 2012153332101.102.57$16,322
Jan 201218228398.092.73$18,626
Dec 201121224296.873.24$21,320
Nov 201116139395.723.31$16,712
Oct 201120746284.983.65$19,276
Sep 201114831783.623.99$13,639
Aug 201119333583.404.15$17,486
Jul 201120834994.144.52$21,158
Jun 201118734592.904.64$18,973
May 201118334798.134.40$19,486
Apr 2011190343105.964.33$21,619
Mar 201120334696.364.06$20,965
Feb 201114726285.644.18$13,684
Jan 201121131986.504.59$19,715
Dec 201019733785.734.35$18,354
Nov 201028334280.843.80$24,176
Oct 201032235278.103.51$26,383
Sep 201020134372.633.98$15,964
Aug 201026936073.684.42$21,411
Jul 201014436172.554.74$12,157
Jun 201020136170.364.91$15,915
May 201018038771.124.24$14,441
Apr 201015636181.694.12$14,232
Mar 201020232878.394.39$17,274
Feb 201048534473.585.44$37,558
Jan 201017144074.365.96$15,340
Dec 200936346371.445.48$28,472
Nov 200932938674.593.75$25,988
Oct 200932543272.544.11$25,351
Sep 200934252365.543.06$24,018
Aug 200917841467.423.22$13,333
Jul 200955238461.133.46$35,074
Jun 200915737266.163.90$11,836
May 200933636354.743.93$19,818
Apr 200935034046.773.59$17,589
Mar 200936827842.144.06$16,636
Feb 200915920132.814.63$6,148
Jan 200958929835.865.37$22,722
Dec 2008866537.105.98$3,579
Nov 20088111955.496.86$5,311
Oct 20088817275.246.92$7,812
Sep 2008210280101.767.88$23,575
Aug 2008163473114.228.48$22,630
Jul 2008191421131.0811.39$29,831
Jun 2008280440131.3313.03$42,507
May 2008203472123.1711.57$30,467
Apr 2008332439110.3110.45$41,213
Mar 2008616491101.909.66$67,515
Feb 2008735292.538.77$3,735
Jan 200832088490.388.21$36,175

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 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 44.64 =         $0
Casinghead gas        37 Mcf  × $  2.68 =        $99

────────────────────────────────────────────────────
Month total                                      $99

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/16468 is the state's own key, not one this site invented.