UNIVERSITY "58-32"

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 16481District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$35.7 M
Jan 2008 – May 2026
Value, last 12 filed months
$1.7 M
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
OilDisposition541,671 bbl$32,510,944
Casinghead gasProduction1,000,146 Mcf$3,195,541
Total$35,706,485

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 31.3085, -101.4762. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

31.30435, -101.47554 · 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
60.0%
3 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
8,380 ft
5 wells filed one
Completion to plug
2.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
360.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
NeitherNo plug date, and not on the schedule.
240.0%

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 7,527 and 9,683 ft, median 8,380 ft, over the 5 wells that filed a depth.

Completions filed
Jan 2008 – Aug 2016
5 of 5 wells
Plug dates filed
Aug 2014 – Mar 2019
3 of 5 wells; 2 filed none

Last completion to plug: a median of 2.6 years across the 3 wells that filed both dates, with the middle half between 2.2 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-3833596349,683 ftAug 2016Mar 2019Yes
42-3833614158,485 ftDec 2015Aug 2017Yes
42-383385509H8,044 ftAug 2014
42-383385538H7,527 ftAug 2014
42-3833596418,380 ftJan 2008Aug 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 (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 20267822,696106.413.05$91,424
Apr 20261,6004,30398.932.87$170,636
Mar 20262,9156,79089.753.15$283,006
Feb 20261,4973,22863.503.75$107,166
Jan 20261,3412,70259.138.00$100,904
Dec 20252,9174,50656.664.41$185,164
Nov 20251,9343,57358.593.93$127,342
Oct 20251,7251,86759.383.30$108,601
Sep 20251,5282,61462.743.08$103,910
Aug 20251,5492,44063.933.01$106,384
Jul 20251,3324,31966.743.32$103,216
Jun 20252,4593,90366.483.13$175,686
May 20251,7213,71960.553.23$116,228
Apr 202560195462.363.54$40,859
Mar 202552565267.704.27$38,325
Feb 20251,0743,06170.884.34$89,412
Jan 20251,5264,73274.324.28$133,659
Dec 20241,8555,29468.993.12$144,501
Nov 20241,3784,63669.052.20$105,343
Oct 20241,6824,49971.372.28$130,308
Sep 20241,6264,84669.612.36$124,644
Aug 20241,2115,75375.632.06$103,460
Jul 20241,5795,69979.932.15$138,443
Jun 20241,5816,15378.082.63$139,651
May 20241,6696,13778.812.20$145,026
Apr 20241,6926,51284.451.66$153,694
Mar 20241,4676,40180.301.55$127,690
Feb 20241,6445,19376.091.78$134,354
Jan 20241,8926,10073.023.30$158,270
Dec 20231,6975,07671.262.61$134,180
Nov 20231,5954,35277.892.81$136,453
Oct 20231,84410,65185.443.09$190,434
Sep 20232,03212,07889.042.74$213,963
Aug 20232,38415,24080.522.67$232,694
Jul 20232,29415,46574.852.64$212,561
Jun 20233,10412,37568.962.26$242,001
May 20234,7696,31270.622.23$350,846
Apr 20233,6203,90278.122.24$291,526
Mar 20231,4421,75772.852.39$109,254
Feb 20231,0591,63675.112.47$83,575
Jan 20231,0191,74476.533.39$83,892
Dec 20221,0091,49376.415.73$85,651
Nov 20221,3382,29185.005.65$126,665
Oct 20221,8562,38887.185.86$175,809
Sep 20221,9683,48984.888.16$195,527
Aug 20222,7076,20994.529.13$312,536
Jul 20221,0372,060101.587.54$120,875
Jun 20221,3482,140115.097.98$172,213
May 20222,0952,903109.378.43$253,611
Apr 20222,1712,196104.226.84$241,277
Mar 20222,4762,579108.885.08$282,679
Feb 20221,9732,67691.054.86$192,644
Jan 20221,8012,07481.844.54$156,805
Dec 20211,6392,43171.323.90$126,372
Nov 20213,3544,29777.435.24$282,203
Oct 20213,6043,92279.795.71$309,973
Sep 20211,9612,75669.865.35$151,743
Aug 20211,4692,26266.024.22$106,530
Jul 20213,4893,97970.783.98$262,796
Jun 20211,7752,60869.493.38$132,161
May 20211,7672,50263.483.02$119,719
Apr 20212,3642,78360.362.76$150,368
Mar 20211,1531,55161.302.72$74,893
Feb 20211,2262,44157.805.55$84,405
Jan 20211,9693,71350.412.81$109,692
Dec 20201,4273,01344.642.68$71,762
Nov 20201,8415,76838.772.71$86,987
Oct 20202,4388,39136.972.48$110,929
Sep 20202,5627,34637.091.99$109,651
Aug 20202,5736,62839.982.39$118,677
Jul 20203,2579,12038.371.83$141,616
Jun 20202,5135,57834.901.69$97,132
May 20201,3633,41416.921.81$29,258
Apr 20201,3572,48814.751.80$24,505
Mar 20202,4569,24930.341.86$91,683
Feb 20202,5997,54449.881.98$144,580
Jan 20202,8208,27157.252.09$178,771
Dec 20192,3524,54959.012.30$149,274
Nov 20191,1452,03055.302.75$68,902
Oct 20192,2585,98253.472.42$135,203
Sep 20192,1885,52955.052.66$135,142
Aug 20192,6005,59153.112.30$150,970
Jul 20192,8265,37956.272.46$172,252
Jun 20193,6056,23852.782.49$205,812
May 20191,7054,00458.482.74$110,681
Apr 20191,9395,01962.632.75$135,245
Mar 20192,9246,61856.803.06$186,348
Feb 20192,3415,83850.852.79$135,341
Jan 20192,8575,74546.033.23$150,054
Dec 20182,7835,72446.594.19$153,617
Nov 20182,9979,46852.934.24$198,749
Oct 20183,2715,34561.443.40$219,133
Sep 20182,1538,53559.543.11$154,716
Aug 20182,41013,84959.403.07$185,623
Jul 20183,0599,81965.142.93$228,051
Jun 20183,0325,42660.183.08$199,161
May 20182,0604,48365.382.90$147,687
Apr 20183,3059,33063.842.90$238,056
Mar 20183,4708,62061.222.79$236,456
Feb 20182,4234,89061.782.77$163,219
Jan 20183,6816,79762.874.01$258,676
Dec 20172,2385,37257.272.92$143,865
Nov 20173,7118,49155.423.12$232,142
Oct 20172,1546,20549.292.98$124,684
Sep 20173,1077,04147.523.09$169,382
Aug 20173,5948,11445.373.00$187,437
Jul 20174,1628,73943.873.09$209,567
Jun 20174,7348,54342.493.09$227,522
May 20175,8278,21945.373.26$291,193
Apr 20172,2931,90147.933.21$116,009
Mar 20175,6396,75946.772.98$283,903
Feb 20174,9043,83650.452.95$258,733
Jan 20174,1744,00249.413.42$219,919
Dec 20164,2493,54348.763.72$220,371
Nov 20163,4382,71442.492.64$153,257
Oct 20162,5321,27746.193.09$120,899
Sep 201665448241.553.10$28,668
Aug 20162,1113,19641.442.92$96,826
Jul 20165,0356,45841.622.92$228,442
Jun 20165,21112,91745.352.69$271,012
May 20166,57013,63842.521.99$306,510
Apr 20165,6979,82136.561.99$227,836
Mar 20166,50712,22033.011.79$236,719
Feb 20166,43011,15526.472.06$193,222
Jan 20167,40012,13427.352.36$231,079
Dec 20156,89913,29532.362.00$249,860
Nov 20157,31113,52738.792.17$312,911
Oct 20157,72413,16443.552.43$368,324
Sep 20158,68811,84842.992.76$406,179
Aug 20158,08910,04040.162.87$353,694
Jul 20156,75510,96148.152.95$357,534
Jun 20157,35614,56356.152.88$455,022
May 201511,83314,72055.212.96$696,804
Apr 201513,6179,73949.822.71$704,758
Mar 201515,88110,79942.892.93$712,828
Feb 20158,7215,47244.662.98$405,766
Jan 201510,0875,72543.433.10$455,830
Dec 201411,35414,42854.693.59$672,766
Nov 201416,17527,20470.464.25$1,255,358
Oct 201426,01344,63678.303.90$2,210,941
Sep 201436,58938,81686.164.05$3,309,536
Aug 20148,9698,48389.394.04$835,969
Jul 201418475496.564.18$20,918
Jun 20149673198.164.74$12,886
May 201421083094.734.73$23,816
Apr 201420784195.944.81$23,904
Mar 201421384895.895.06$24,713
Feb 201411372997.406.19$15,520
Jan 201420789190.404.86$23,044
Dec 201310597691.824.35$13,891
Nov 201338782988.853.74$37,484
Oct 201313315197.423.78$13,528
Sep 201374120104.113.72$8,150
Aug 201373397104.253.52$9,009
Jul 2013143397102.523.72$16,136
Jun 201324236094.403.93$24,261
May 201314136994.834.15$14,902
Apr 201315868193.964.28$17,762
Mar 201315471693.623.91$17,219
Feb 201326660291.233.42$26,326
Jan 201312870591.603.42$14,136
Dec 201221362386.773.42$20,613
Nov 201221285586.953.62$21,533
Oct 201212443589.383.40$12,562
Sep 201211263494.672.92$12,453
Aug 201213061692.662.91$13,837
Jul 201225480585.133.02$24,055
Jun 20126878279.822.52$7,398
May 20128616991.612.49$8,299
Apr 2012126120101.652.00$13,048
Mar 2012130512105.052.22$14,794
Feb 201296562101.102.57$11,150
Jan 201217967498.092.73$19,401
Dec 20116761696.873.24$8,486
Nov 201116376395.723.31$18,129
Oct 201115479684.983.65$15,991
Sep 201127472183.623.99$25,786
Aug 20119474783.404.15$10,939
Jul 201117575594.144.52$19,885
Jun 201124263092.904.64$25,405
May 201116868398.134.40$19,494
Apr 2011318720105.964.33$36,815
Mar 201115680296.364.06$18,286
Feb 201120853085.644.18$20,029
Jan 201132755786.504.59$30,841
Dec 201015842385.734.35$15,384
Nov 201018250280.843.80$16,618
Oct 201031075078.103.51$26,843
Sep 201037688072.633.98$30,811
Aug 201022266073.684.42$19,274
Jul 201030372672.554.74$25,421
Jun 201022876470.364.91$19,794
May 201021678171.124.24$18,670
Apr 201023670681.694.12$22,189
Mar 201029476778.394.39$26,413
Feb 20109192973.585.44$11,752
Jan 201025966174.365.96$23,202
Dec 200918389971.445.48$18,003
Nov 2009831,05274.593.75$10,138
Oct 2009691,01572.544.11$9,177
Sep 20091151,57165.543.06$12,352
Aug 20097179767.423.22$7,352
Jul 20099620561.133.46$6,579
Jun 200915031066.163.90$11,131
May 200923465554.743.93$15,381
Apr 20091901,00246.773.59$12,481
Mar 20091611,04742.144.06$11,034
Feb 200918631132.814.63$7,544
Jan 200936857835.865.37$16,301
Dec 200829559437.105.98$14,495
Nov 200818085055.496.86$15,820
Oct 20082523275.246.92$3,487
Sep 200823120101.767.88$3,286
Aug 200837124114.228.48$5,278
Jul 2008102161131.0811.39$15,204
Jun 2008254323131.3313.03$37,567
May 2008734316123.1711.57$94,064
Apr 20086891,534110.3110.45$92,041
Mar 20081,0961,658101.909.66$127,705
Feb 20084131,77092.538.77$53,739
Jan 200801190.388.21$90

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                  782 bbl  × $106.41 =    $83,213
Casinghead gas     2,696 Mcf  × $  3.05 =     $8,212

────────────────────────────────────────────────────
Month total                                  $91,424

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/16481 is the state's own key, not one this site invented.