UNIVERSITY "3-31"

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 16499District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$40.0 M
Feb 2008 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
220
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
OilDisposition511,638 bbl$37,642,488
Casinghead gasProduction706,626 Mcf$2,385,318
Total$40,027,806

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 31.2188, -101.7869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.21666, -101.78297 · 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
8,362 ft
5 wells filed one
Completion to plug
2.1 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 1,402 and 9,707 ft, median 8,362 ft, over the 5 wells that filed a depth.

Completions filed
Feb 2012 – Jul 2016
5 of 5 wells
Plug dates filed
Mar 2014 – May 2019
3 of 5 wells; 2 filed none

Last completion to plug: a median of 2.1 years across the 3 wells that filed both dates, with the middle half between 2.1 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-4613546219,707 ftJul 2016May 2019Yes
42-461380745H8,413 ftNov 2012
42-461377224H8,362 ftJun 2012
42-461378622WS1,438 ftMar 2012Mar 2014Yes
42-461378611WS1,402 ftFeb 2012Mar 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 (220)

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

220 months

May 20261,8202,897106.413.05$202,490
Apr 20261,3661,53998.932.87$139,555
Mar 20261,1221,03189.753.15$103,947
Feb 20261,6182,19463.503.75$110,971
Jan 20268521,91059.138.00$65,655
Dec 20257942,31156.664.41$55,187
Nov 20259401,73758.593.93$61,895
Oct 20251,6293,36359.383.30$107,844
Sep 20252,1374,04662.743.08$146,525
Aug 20252,3715,61963.933.01$168,518
Jul 20252,0685,35966.743.32$155,784
Jun 20251,5834,18266.483.13$118,322
May 20251,8955,43660.553.23$132,313
Apr 20252,1134,40462.363.54$147,371
Mar 20252,2374,45367.704.27$170,452
Feb 20251,9702,68070.884.34$151,267
Jan 20252,1162,75474.324.28$169,045
Dec 20242,3272,96268.993.12$169,785
Nov 20242,1272,86569.052.20$153,168
Oct 20242,4182,94471.372.28$179,289
Sep 20242,2672,25869.612.36$163,145
Aug 20242,2363,38675.632.06$176,096
Jul 20242,0992,41479.932.15$172,955
Jun 20242,5792,69578.082.63$208,467
May 20242,8984,29678.812.20$237,836
Apr 20242,2602,19784.451.66$194,502
Mar 20242,7662,51080.301.55$225,988
Feb 20242,0561,86476.091.78$159,766
Jan 20241,8981,79773.023.30$144,518
Dec 20231,8471,74571.262.61$136,173
Nov 20231,3231,24677.892.81$106,547
Oct 20232,4571,33585.443.09$214,048
Sep 20232,3421,89989.042.74$213,726
Aug 20231,7961,78480.522.67$149,382
Jul 20232,2381,49874.852.64$171,472
Jun 20232,7552,17068.962.26$194,886
May 20232,8471,82470.622.23$205,118
Apr 20232,2421,44078.122.24$178,367
Mar 20232,9611,67972.852.39$219,727
Feb 20232,5051,19775.112.47$191,102
Jan 20232,1981,36776.533.39$172,844
Dec 20229811,01776.415.73$80,785
Nov 20229561,21285.005.65$88,103
Oct 202280287187.185.86$75,026
Sep 202275367884.888.16$69,450
Aug 202295770094.529.13$96,845
Jul 20221,8152,822101.587.54$205,651
Jun 20222,0343,045115.097.98$258,384
May 20221,241782109.378.43$142,323
Apr 20221,190814104.226.84$129,588
Mar 20221,836745108.885.08$203,686
Feb 20221,57988791.054.86$148,078
Jan 20221,8941,42881.844.54$161,485
Dec 20212,1681,47571.323.90$160,373
Nov 20211,2831,00177.435.24$104,585
Oct 20211,7341,40079.795.71$146,355
Sep 202170075869.865.35$52,958
Aug 202144641166.024.22$31,180
Jul 202165650970.783.98$48,459
Jun 202173643569.493.38$52,615
May 202167013163.483.02$42,927
Apr 202150625760.362.76$31,251
Mar 202149131961.302.72$30,965
Feb 202134343957.805.55$22,261
Jan 202169796850.412.81$37,856
Dec 20201,8185,46444.642.68$95,774
Nov 20201,7165,86938.772.71$82,414
Oct 20201,7494,68136.972.48$76,262
Sep 20201,6983,42937.091.99$69,806
Aug 20201,6742,05539.982.39$71,828
Jul 20201,6572,62338.371.83$68,366
Jun 20201,8504,67434.901.69$72,466
May 20202,1184,24816.921.81$43,546
Apr 20202,2983,56114.751.80$40,321
Mar 20202,3523,13430.341.86$77,177
Feb 20207191,55849.881.98$38,950
Jan 20201,0612,31357.252.09$65,587
Dec 20192,0194,29559.012.30$129,038
Nov 20191,8543,31455.302.75$111,642
Oct 20191,4054,26853.472.42$85,448
Sep 20191,2363,16655.052.66$76,455
Aug 20191,4883,93553.112.30$88,095
Jul 20191,8823,39356.272.46$114,247
Jun 20191,8912,41452.782.49$105,821
May 20191,0582,08058.482.74$67,572
Apr 20191,8504,98762.632.75$129,583
Mar 20191,9373,77156.803.06$121,569
Feb 20191,6493,81250.852.79$94,496
Jan 20191,8564,42346.033.23$99,710
Dec 20182,2685,69446.594.19$129,498
Nov 20181,8552,83052.934.24$110,177
Oct 20181,8432,88061.443.40$123,020
Sep 20181,7922,79259.543.11$115,373
Aug 20181,9593,69859.403.07$127,705
Jul 20181,8812,94565.142.93$131,163
Jun 20182,0754,00960.183.08$137,209
May 20182,2814,53465.382.90$162,284
Apr 20182,6903,36963.842.90$181,502
Mar 20181,1882,49161.222.79$79,671
Feb 20181,8784,54361.782.77$128,589
Jan 20182,1404,00062.874.01$150,579
Dec 20171,9734,78157.272.92$126,962
Nov 20172,1005,06055.423.12$132,161
Oct 20172,2566,67249.292.98$131,105
Sep 20171,7926,47247.523.09$105,137
Aug 20172,1768,80945.373.00$125,191
Jul 20172,2699,95243.873.09$130,266
Jun 20172,3568,87042.493.09$127,491
May 20172,8057,12045.373.26$150,498
Apr 20172,4325,76847.933.21$135,090
Mar 20172,3634,17546.772.98$122,974
Feb 20172,4783,81150.452.95$136,267
Jan 20172,5433,29749.413.42$136,921
Dec 20162,2433,61548.763.72$122,827
Nov 20162,4773,17242.492.64$113,636
Oct 20162,7333,99946.193.09$138,595
Sep 20162,1123,07541.553.10$97,288
Aug 20162,7804,76241.442.92$129,129
Jul 20162,9245,37041.622.92$137,401
Jun 20162,1125,02945.352.69$109,286
May 20162,7695,91042.521.99$129,505
Apr 20162,7844,50936.561.99$110,761
Mar 20163,0254,13633.011.79$107,275
Feb 20162,7063,68426.472.06$79,230
Jan 20162,8613,76127.352.36$87,141
Dec 20153,1744,26632.362.00$111,249
Nov 20152,9276,09738.792.17$126,753
Oct 20153,2495,14343.552.43$153,974
Sep 20152,6793,44942.992.76$124,684
Aug 20153,2205,98140.162.87$146,496
Jul 20153,2395,48748.152.95$172,118
Jun 20153,3146,58756.152.88$205,071
May 20153,5266,08655.212.96$212,657
Apr 20153,5215,33349.822.71$189,850
Mar 20153,9185,42042.892.93$183,949
Feb 20153,5944,81244.662.98$174,829
Jan 20154,9655,01943.433.10$231,192
Dec 20144,8835,16954.693.59$285,615
Nov 20144,5324,94770.464.25$340,359
Oct 20143,4415,26878.303.90$289,981
Sep 20144,2919,76286.164.05$409,204
Aug 20145,11711,95889.394.04$505,661
Jul 20145,2248,55596.564.18$540,186
Jun 20145,4486,56998.164.74$565,892
May 20145,9906,26494.734.73$597,040
Apr 20145,7727,10695.944.81$587,939
Mar 20145,4984,15995.895.06$548,234
Feb 20143,7683,01697.406.19$385,678
Jan 20143,0803,00290.404.86$293,024
Dec 20134,6801,62691.824.35$436,798
Nov 20136,2004,45388.853.74$567,517
Oct 20136,4367,38397.423.78$654,898
Sep 20137,2128,159104.113.72$781,174
Aug 20137,45310,289104.253.52$813,219
Jul 20137,89611,969102.523.72$853,996
Jun 20138,26811,83194.403.93$827,035
May 20139,97911,23094.834.15$992,903
Apr 201311,18012,07393.964.28$1,102,177
Mar 201311,76111,11593.623.91$1,144,556
Feb 201311,0428,85291.233.42$1,037,635
Jan 201313,5509,22591.603.42$1,272,729
Dec 201214,00713,89486.773.42$1,262,907
Nov 201213,48112,22986.953.62$1,216,503
Oct 20125,1265,72289.383.40$477,615
Sep 20125,0247,46894.672.92$497,417
Aug 20128,0358,23592.662.91$768,472
Jul 20128,7253,15085.133.02$752,275
Jun 20129,1683,52679.822.52$740,672
May 20126515291.612.49$6,333
Apr 2012134164101.652.00$13,949
Mar 201253186105.052.22$5,981
Feb 2012108205101.102.57$11,446
Jan 201215228098.092.73$15,675
Dec 20114327796.873.24$5,063
Nov 20113226995.723.31$3,954
Oct 20115729084.983.65$5,902
Sep 20116027783.623.99$6,121
Aug 20115324883.404.15$5,449
Jul 201119123394.144.52$19,033
Jun 201111325592.904.64$11,681
May 201120328598.134.40$21,176
Apr 2011105281105.964.33$12,343
Mar 201117930596.364.06$18,486
Feb 20116326485.644.18$6,499
Jan 201113829286.504.59$13,277
Dec 201014230085.734.35$13,478
Nov 201015229780.843.80$13,415
Oct 20107429478.103.51$6,811
Sep 201014732272.633.98$11,958
Aug 201015432173.684.42$12,765
Jul 201014930772.554.74$12,264
Jun 201013533270.364.91$11,129
May 201019633771.124.24$15,367
Apr 20106431581.694.12$6,527
Mar 201020833578.394.39$17,775
Feb 201012530573.585.44$10,857
Jan 201011534774.365.96$10,621
Dec 200917336071.445.48$14,333
Nov 200911133474.593.75$9,532
Oct 200918134172.544.11$14,531
Sep 200913334365.543.06$9,768
Aug 200918325267.423.22$13,149
Jul 200918715461.133.46$11,965
Jun 200921520766.163.90$15,031
May 200913825754.743.93$8,563
Apr 200920432446.773.59$10,703
Mar 200919832642.144.06$9,667
Feb 200918123032.814.63$7,004
Jan 200916823035.865.37$7,260
Dec 200822521737.105.98$9,645
Nov 200834221855.496.86$20,473
Oct 200827719875.246.92$22,212
Sep 2008363187101.767.88$38,412
Aug 2008338446114.228.48$42,390
Jul 2008320623131.0811.39$49,041
Jun 2008508928131.3313.03$78,810
May 2008214821123.1711.57$35,861
Apr 2008779907110.3110.45$95,414
Mar 2008902946101.909.66$101,056
Feb 2008036692.538.77$3,210

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                1,820 bbl  × $106.41 =   $193,666
Casinghead gas     2,897 Mcf  × $  3.05 =     $8,824

────────────────────────────────────────────────────
Month total                                 $202,490

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/16499 is the state's own key, not one this site invented.