UNIVERSITY "58-28"

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 16554District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$2.5 M
Feb 2008 – Jul 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
138
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
OilDisposition24,644 bbl$2,121,278
Casinghead gasProduction59,191 Mcf$355,183
Total$2,476,461

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 31.3134, -101.5422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.31337, -101.54224 · 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
8,628 ft
2 wells filed one
Completion to plug
2.9 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 8,580 and 8,676 ft, median 8,628 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2016
2 of 2 wells
Plug dates filed
Mar 2019
2 of 2 wells

Last completion to plug: a median of 2.9 years across the 2 wells that filed both dates, with the middle half between 2.9 years and 2.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3833606658,676 ftApr 2016Mar 2019Yes
42-3833606518,580 ftApr 2016Mar 2019Yes

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 (138)

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

138 months

Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201515043.552.43$653
Sep 2015696442.992.76$3,143
Aug 20156931640.162.87$3,679
Jul 20157816348.152.95$4,236
Jun 20156021656.152.88$3,992
May 20156017955.212.96$3,842
Apr 20155519049.822.71$3,254
Mar 20157130942.892.93$3,952
Feb 20154330344.662.98$2,822
Jan 20158323043.433.10$4,318
Dec 20149123854.693.59$5,832
Nov 201410212070.464.25$7,697
Oct 201412613178.303.90$10,377
Sep 20144918186.164.05$4,954
Aug 20144019989.394.04$4,379
Jul 201410318896.564.18$10,731
Jun 201413318398.164.74$13,922
May 201416318894.734.73$16,330
Apr 201412321495.944.81$12,830
Mar 201412115295.895.06$12,371
Feb 201410615197.406.19$11,259
Jan 201413822990.404.86$13,588
Dec 20139619891.824.35$9,677
Nov 20136317788.853.74$6,259
Oct 20136516697.423.78$6,960
Sep 201374183104.113.72$8,384
Aug 201369241104.253.52$8,042
Jul 201367226102.523.72$7,709
Jun 20138620094.403.93$8,905
May 20136514794.834.15$6,774
Apr 201311714893.964.28$11,627
Mar 201314223293.623.91$14,202
Feb 201312235991.233.42$12,358
Jan 201314125191.603.42$13,774
Dec 201219034386.773.42$17,659
Nov 201214832386.953.62$14,039
Oct 201219235889.383.40$18,378
Sep 20129231094.672.92$9,614
Aug 201215230292.662.91$14,963
Jul 201218533485.133.02$16,758
Jun 201213428979.822.52$11,424
May 201214741191.612.49$14,489
Apr 2012129436101.652.00$13,983
Mar 2012172442105.052.22$19,051
Feb 2012176422101.102.57$18,878
Jan 201213823198.092.73$14,168
Dec 201117734496.873.24$18,260
Nov 201121744995.723.31$22,258
Oct 201119040684.983.65$17,628
Sep 201118745083.623.99$17,431
Aug 201115948883.404.15$15,285
Jul 201118155994.144.52$19,564
Jun 201119348992.904.64$20,199
May 201117650198.134.40$19,478
Apr 2011161561105.964.33$19,491
Mar 201119853296.364.06$21,238
Feb 201119045685.644.18$18,178
Jan 201126351086.504.59$25,090
Dec 201020864985.734.35$20,654
Nov 201022754180.843.80$20,404
Oct 201021559478.103.51$18,876
Sep 201021254072.633.98$17,546
Aug 201030063573.684.42$24,910
Jul 201024770772.554.74$21,269
Jun 201017051670.364.91$14,495
May 201028171271.124.24$23,000
Apr 201032994881.694.12$30,784
Mar 20103861,01578.394.39$34,713
Feb 201036371273.585.44$30,585
Jan 201031491774.365.96$28,818
Dec 200918639071.445.48$15,427
Nov 200933660474.593.75$27,328
Oct 20092981,00172.544.11$25,731
Sep 200924771165.543.06$18,367
Aug 20093221,05667.423.22$25,108
Jul 20094661,39661.133.46$33,323
Jun 20094121,06266.163.90$31,394
May 20094441,13354.743.93$28,752
Apr 20094331,42346.773.59$25,356
Mar 20095841,66342.144.06$31,360
Feb 20096131,77732.814.63$28,345
Jan 20096611,60735.865.37$32,335
Dec 20086031,40937.105.98$30,793
Nov 20085961,39755.496.86$42,656
Oct 20084911,07675.246.92$44,391
Sep 20088071,090101.767.88$90,706
Aug 20089192,662114.228.48$127,550
Jul 20081,3102,599131.0811.39$201,316
Jun 20081,0902,826131.3313.03$179,980
May 20089872,507123.1711.57$150,586
Apr 20081,5803,098110.3110.45$206,679
Mar 20088551,600101.909.66$102,587
Feb 20080092.538.77$0

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.

Oct 2015 — as filed, then multipliedworked
Oil                   15 bbl  × $ 43.55 =       $653
Casinghead gas         0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                     $653

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/16554 is the state's own key, not one this site invented.