UNIVERSITY "3-34"

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 16568District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.2 M
Mar 2008 – Jan 2015
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
83
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
OilDisposition11,154 bbl$983,879
Casinghead gasProduction36,372 Mcf$188,034
Total$1,171,913

Wells on this lease (1)

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 31.2295, -101.8404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.22953, -101.84037 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,680 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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

The one well that filed a depth was drilled to 9,680 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-4613546719,680 ftSep 2016

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 (83)

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

83 months

Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201414424486.164.05$13,394
Aug 201415123289.394.04$14,434
Jul 20147823396.564.18$8,506
Jun 20148222498.164.74$9,110
May 20147327694.734.73$8,220
Apr 201414324195.944.81$14,878
Mar 2014027295.895.06$1,375
Feb 20147422697.406.19$8,607
Jan 201414926490.404.86$14,753
Dec 2013025091.824.35$1,089
Nov 20137722088.853.74$7,664
Oct 20138025597.423.78$8,757
Sep 2013136202104.113.72$14,910
Aug 20130217104.253.52$764
Jul 2013146215102.523.72$15,767
Jun 2013018394.403.93$720
May 201314428094.834.15$14,817
Apr 201318522293.964.28$18,333
Mar 2013025993.623.91$1,013
Feb 201323416691.233.42$21,916
Jan 2013016591.603.42$564
Dec 201218116586.773.42$16,270
Nov 201215824386.953.62$14,619
Oct 2012024989.383.40$847
Sep 201212924194.672.92$12,916
Aug 2012028692.662.91$832
Jul 201219227785.133.02$17,182
Jun 201210522779.822.52$8,953
May 20129422991.612.49$9,181
Apr 2012197220101.652.00$20,464
Mar 201288198105.052.22$9,684
Feb 2012166175101.102.57$17,232
Jan 201210724198.092.73$11,155
Dec 201121126096.873.24$21,282
Nov 20118928595.723.31$9,463
Oct 20118625984.983.65$8,253
Sep 201114630883.623.99$13,436
Aug 20118028783.404.15$7,863
Jul 201123628694.144.52$23,509
Jun 2011027292.904.64$1,262
May 201118429798.134.40$19,364
Apr 201174321105.964.33$9,232
Mar 201114127296.364.06$14,690
Feb 20116927285.644.18$7,046
Jan 201113726486.504.59$13,062
Dec 20107226485.734.35$7,320
Nov 201015022280.843.80$12,969
Oct 20107950278.103.51$7,931
Sep 201016573972.633.98$14,925
Aug 201018868773.684.42$16,888
Jul 201022468672.554.74$19,500
Jun 201012986070.364.91$13,299
May 201021579771.124.24$18,666
Apr 201012070281.694.12$12,697
Mar 201022490778.394.39$21,540
Feb 201022474673.585.44$20,542
Jan 201020385474.365.96$20,188
Dec 200917385971.445.48$17,070
Nov 200912093074.593.75$12,440
Oct 200912289472.544.11$12,524
Sep 200911894265.543.06$10,621
Aug 200911092967.423.22$10,406
Jul 20091091,10461.133.46$10,488
Jun 200911388666.163.90$10,927
May 200923697554.743.93$16,746
Apr 20099881046.773.59$7,489
Mar 20098569442.144.06$6,399
Feb 20099857732.814.63$5,889
Jan 200916081735.865.37$10,126
Dec 200810674237.105.98$8,368
Nov 20085751,57255.496.86$42,691
Oct 2008130575.246.92$2,186
Sep 2008366488101.767.88$41,088
Aug 20080196114.228.48$1,663
Jul 2008356513131.0811.39$52,507
Jun 20087151,651131.3313.03$115,418
May 20083691,052123.1711.57$57,626
Apr 2008365490110.3110.45$45,386
Mar 200800101.909.66$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.

Sep 2014 — as filed, then multipliedworked
Oil                  144 bbl  × $ 86.16 =    $12,407
Casinghead gas       244 Mcf  × $  4.05 =       $987

────────────────────────────────────────────────────
Month total                                  $13,394

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/16568 is the state's own key, not one this site invented.