UNIVERSITY "58-27"

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 16571District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$845 k
Mar 2008 – Jun 2015
Value, last 12 filed months
$711
at the published price for each month
Months reported
88
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
OilDisposition8,576 bbl$717,748
Casinghead gasProduction26,147 Mcf$127,606
Total$845,354

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 31.3117, -101.5655. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.31174, -101.56548 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,607 ft
1 wells filed one
Completion to plug
7 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 8,607 ft.

Completions filed
Aug 2014
1 of 1 wells
Plug dates filed
Mar 2015
1 of 1 wells

Last completion to plug: a median of 7 months across the 1 well that filed both dates, with the middle half between 7 months and 7 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833606438,607 ftAug 2014Mar 2015Yes

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 (88)

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

88 months

Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014212496.564.18$711
Jun 2014420598.164.74$1,364
May 2014624594.734.73$1,726
Apr 2014620395.944.81$1,552
Mar 2014112495.895.06$723
Feb 2014011297.406.19$694
Jan 2014012490.404.86$603
Dec 2013012491.824.35$540
Nov 2013112088.853.74$537
Oct 2013212497.423.78$663
Sep 20132125104.113.72$673
Aug 20131140104.253.52$597
Jul 20130143102.523.72$532
Jun 2013017294.403.93$677
May 2013016794.834.15$693
Apr 20135314493.964.28$5,597
Mar 201313916993.623.91$13,674
Feb 20139914191.233.42$9,514
Jan 201310413091.603.42$9,971
Dec 201219721686.773.42$17,832
Nov 201215720386.953.62$14,387
Oct 201222421689.383.40$20,755
Sep 201213323794.672.92$13,283
Aug 201221431092.662.91$20,731
Jul 201225923885.133.02$22,768
Jun 201223140779.822.52$19,464
May 201226232691.612.49$24,813
Apr 2012220302101.652.00$22,966
Mar 2012151223105.052.22$16,358
Feb 2012102149101.102.57$10,695
Jan 20126712498.092.73$6,911
Dec 20115113096.873.24$5,362
Nov 20118316595.723.31$8,491
Oct 20117617884.983.65$7,108
Sep 20119321283.623.99$8,622
Aug 20119520283.404.15$8,761
Jul 20116421194.144.52$6,978
Jun 20114526892.904.64$5,424
May 20111216298.134.40$1,891
Apr 201129144105.964.33$3,697
Mar 201110725696.364.06$11,349
Feb 201116325185.644.18$15,008
Jan 201120927586.504.59$19,340
Dec 201012533185.734.35$12,155
Nov 201014029280.843.80$12,426
Oct 201012938978.103.51$11,440
Sep 201011146372.633.98$9,904
Aug 20109635673.684.42$8,647
Jul 201014551572.554.74$12,959
Jun 201020358070.364.91$17,131
May 201013951671.124.24$12,071
Apr 201010047681.694.12$10,131
Mar 201011045278.394.39$10,607
Feb 201016278873.585.44$16,209
Jan 201015797874.365.96$17,507
Dec 20092491,11071.445.48$23,876
Nov 200937899374.593.75$31,920
Oct 20097336072.544.11$6,775
Sep 200915762365.543.06$12,199
Aug 200919347267.423.22$14,531
Jul 200935423261.133.46$22,444
Jun 20095920166.163.90$4,686
May 20095630454.743.93$4,259
Apr 20096653546.773.59$5,006
Mar 20097684742.144.06$6,641
Feb 20098880732.814.63$6,626
Jan 200910280335.865.37$7,971
Dec 200810379037.105.98$8,543
Nov 200812077955.496.86$12,003
Oct 200816680275.246.92$18,041
Sep 2008156311101.767.88$18,324
Aug 2008111345114.228.48$15,605
Jul 200897183131.0811.39$14,799
Jun 2008151233131.3313.03$22,867
May 2008231474123.1711.57$33,938
Apr 2008213414110.3110.45$27,824
Mar 200896152101.909.66$11,251

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.

Jul 2014 — as filed, then multipliedworked
Oil                    2 bbl  × $ 96.56 =       $193
Casinghead gas       124 Mcf  × $  4.18 =       $518

────────────────────────────────────────────────────
Month total                                     $711

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/16571 is the state's own key, not one this site invented.