UNIVERSITY "24"

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 16574District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.8 M
Jun 2008 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
216
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
OilDisposition20,895 bbl$1,549,034
Casinghead gasProduction55,158 Mcf$202,023
Total$1,751,057

Wells on this lease (3)

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 31.2555, -101.6607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.25610, -101.66098 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
8,691 ft
3 wells filed one
Completion to plug
23.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 7,800 and 11,000 ft, median 8,691 ft, over the 3 wells that filed a depth.

Completions filed
Nov 1982 – May 2008
3 of 3 wells
Plug dates filed
Jul 2017 – Dec 2019
2 of 3 wells; 1 filed none

Last completion to plug: a median of 23.2 years across the 2 wells that filed both dates, with the middle half between 16.2 years and 30.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-38336142168,691 ftMay 2008Jul 2017Yes
42-38334881611,000 ftJan 1999
42-3833235127,800 ftNov 1982Dec 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 (216)

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

216 months

May 2026140106.413.05$1,490
Apr 202632098.932.87$3,166
Mar 20263089.753.15$269
Feb 20264063.503.75$254
Jan 20265059.138.00$296
Dec 20256056.664.41$340
Nov 202520058.593.93$1,172
Oct 20257059.383.30$416
Sep 202547062.743.08$2,949
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202521067.704.27$1,422
Feb 20250070.884.34$0
Jan 20259074.324.28$669
Dec 202420068.993.12$1,380
Nov 20247069.052.20$483
Oct 20244071.372.28$285
Sep 20243069.612.36$209
Aug 20245075.632.06$378
Jul 20242140579.932.15$2,548
Jun 2024045078.082.63$1,185
May 20242546578.812.20$2,993
Apr 2024745084.451.66$1,338
Mar 20241846580.301.55$2,164
Feb 2024226776.091.78$1,793
Jan 202411073.023.30$803
Dec 20235071.262.61$356
Nov 202310077.892.81$779
Oct 20230085.443.09$0
Sep 202314089.042.74$1,247
Aug 20230080.522.67$0
Jul 202333074.852.64$2,470
Jun 202319068.962.26$1,310
May 20231070.622.23$71
Apr 20230078.122.24$0
Mar 202310072.852.39$729
Feb 20237075.112.47$526
Jan 202310076.533.39$765
Dec 20229076.415.73$688
Nov 20227085.005.65$595
Oct 2022812487.185.86$1,425
Sep 20222613184.888.16$3,276
Aug 20227315594.529.13$8,315
Jul 202221124101.587.54$3,068
Jun 202215157115.097.98$2,979
May 202220136109.378.43$3,334
Apr 20220132104.226.84$903
Mar 20220146108.885.08$741
Feb 20221311291.054.86$1,728
Jan 20221614181.844.54$1,949
Dec 20211613871.323.90$1,679
Nov 20211714077.435.24$2,049
Oct 20211415379.795.71$1,991
Sep 2021814069.865.35$1,308
Aug 2021712466.024.22$985
Jul 20213114970.783.98$2,788
Jun 20211814569.493.38$1,741
May 20212715263.483.02$2,173
Apr 20212213560.362.76$1,700
Mar 2021814461.302.72$882
Feb 2021912857.805.55$1,230
Jan 2021813750.412.81$788
Dec 20201313644.642.68$944
Nov 2020613838.772.71$606
Oct 20203815536.972.48$1,789
Sep 20207015537.091.99$2,905
Aug 202017615339.982.39$7,401
Jul 202013614938.371.83$5,490
Jun 20202616034.901.69$1,178
May 20206815816.921.81$1,437
Apr 2020015414.751.80$278
Mar 20208615630.341.86$2,899
Feb 20205314549.881.98$2,931
Jan 20205115457.252.09$3,242
Dec 20192615759.012.30$1,896
Nov 20196614955.302.75$4,060
Oct 201910516053.472.42$6,001
Sep 20195316355.052.66$3,351
Aug 201910217453.112.30$5,818
Jul 201912518456.272.46$7,486
Jun 20197512652.782.49$4,272
May 201923455158.482.74$15,194
Apr 201919943762.632.75$13,665
Mar 201913559156.803.06$9,478
Feb 201929654950.852.79$16,585
Jan 201920361346.033.23$11,323
Dec 201825330546.594.19$13,064
Nov 2018986852.934.24$5,475
Oct 20181214361.443.40$1,223
Sep 20182420259.543.11$2,057
Aug 2018616059.403.07$847
Jul 2018918065.142.93$1,114
Jun 20181418760.183.08$1,418
May 20181018565.382.90$1,190
Apr 20181522463.842.90$1,607
Mar 20181120661.222.79$1,248
Feb 2018616761.782.77$833
Jan 20181826862.874.01$2,206
Dec 2017522857.272.92$952
Nov 20171126055.423.12$1,420
Oct 20171020949.292.98$1,116
Sep 20171828447.523.09$1,732
Aug 2017839845.373.00$1,559
Jul 20172030143.873.09$1,807
Jun 20171827342.493.09$1,608
May 20171043945.373.26$1,886
Apr 20172833247.933.21$2,408
Mar 20172023946.772.98$1,649
Feb 20174624750.452.95$3,050
Jan 20173230749.413.42$2,631
Dec 20164145648.763.72$3,697
Nov 20162846342.492.64$2,414
Oct 20165028846.193.09$3,199
Sep 20162724441.553.10$1,878
Aug 20162342541.442.92$2,196
Jul 20162446641.622.92$2,362
Jun 20162233545.352.69$1,897
May 20161534942.521.99$1,333
Apr 20163339436.561.99$1,991
Mar 20165448533.011.79$2,653
Feb 20163341026.472.06$1,720
Jan 20168044227.352.36$3,233
Dec 201517370832.362.00$7,015
Nov 201510360238.792.17$5,300
Oct 201517664543.552.43$9,230
Sep 20155461242.992.76$4,010
Aug 20153340540.162.87$2,489
Jul 20154557448.152.95$3,857
Jun 20154859856.152.88$4,419
May 201515248955.212.96$9,837
Apr 201524966549.822.71$14,205
Mar 201526950842.892.93$13,028
Feb 201519040344.662.98$9,685
Jan 201541049343.433.10$19,335
Dec 201432859854.693.59$20,086
Nov 201435558070.464.25$27,479
Oct 201469557178.303.90$56,646
Sep 201440166686.164.05$37,244
Aug 201424850989.394.04$24,223
Jul 201410219096.564.18$10,643
Jun 2014708598.164.74$7,274
May 201411027794.734.73$11,730
Apr 20149234795.944.81$10,495
Mar 20147939795.895.06$9,583
Feb 20145533397.406.19$7,419
Jan 201414538290.404.86$14,965
Dec 201311739191.824.35$12,446
Nov 20137036788.853.74$7,591
Oct 20138937597.423.78$10,088
Sep 2013100366104.113.72$11,772
Aug 201383243104.253.52$9,509
Jul 201311011102.523.72$11,318
Jun 2013981194.403.93$9,294
May 2013112994.834.15$10,658
Apr 2013111993.964.28$10,468
Mar 2013113993.623.91$10,614
Feb 2013156891.233.42$14,259
Jan 2013132991.603.42$12,122
Dec 201227452786.773.42$25,577
Nov 201227151086.953.62$25,412
Oct 201219953989.383.40$19,619
Sep 201225652194.672.92$25,756
Aug 201224852792.662.91$24,512
Jul 201227741785.133.02$24,841
Jun 201220951079.822.52$17,967
May 201221022791.612.49$19,803
Apr 2012220210101.652.00$22,782
Mar 2012165257105.052.22$17,904
Feb 2012141203101.102.57$14,777
Jan 201211921798.092.73$12,266
Dec 201110921796.873.24$11,262
Nov 201111122395.723.31$11,363
Oct 20119436884.983.65$9,331
Sep 20118059983.623.99$9,077
Aug 201113734683.404.15$12,861
Jul 201118237194.144.52$18,809
Jun 201111633192.904.64$12,312
May 201115135698.134.40$16,386
Apr 2011169588105.964.33$20,455
Mar 201115464896.364.06$17,469
Feb 20118756585.644.18$9,812
Jan 201118563886.504.59$18,930
Dec 201015849785.734.35$15,706
Nov 201013765880.843.80$13,572
Oct 201012867378.103.51$12,358
Sep 201014252272.633.98$12,391
Aug 20106822373.684.42$5,996
Jul 201020328772.554.74$16,087
Jun 201014531970.364.91$11,769
May 201020537571.124.24$16,168
Apr 201011134481.694.12$10,486
Mar 201021533678.394.39$18,328
Feb 201012430973.585.44$10,806
Jan 201025234974.365.96$20,820
Dec 200912930571.445.48$10,888
Nov 200915435874.593.75$12,830
Oct 20098129672.544.11$7,092
Sep 200912124765.543.06$8,687
Aug 200916428067.423.22$11,958
Jul 200914734061.133.46$10,164
Jun 20098323766.163.90$6,414
May 200920621754.743.93$12,128
Apr 200918418946.773.59$9,284
Mar 200923726042.144.06$11,043
Feb 200929724232.814.63$10,866
Jan 200928525835.865.37$11,606
Dec 200830425637.105.98$12,809
Nov 200836628755.496.86$22,278
Oct 200825123175.246.92$20,484
Sep 2008191227101.767.88$21,224
Aug 2008420308114.228.48$50,585
Jul 2008463371131.0811.39$64,916
Jun 2008600416131.3313.03$84,220

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                   14 bbl  × $106.41 =     $1,490
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $1,490

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/16574 is the state's own key, not one this site invented.