UNIVERSITY "58-5"

Name: UNIVERSITY "58-5" lease production and value, Apr 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 16576District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$17.1 M

Apr 2008 – May 2022

Value, last 12 filed months

$33 k

at the published price for each month

Months reported

170

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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.

Stream	Basis	Volume	Value
Oil	Disposition	168,091 bbl	$13,438,783
Casinghead gas	Production	1,037,913 Mcf	$3,697,342
Total			$17,136,125

Wells on this lease (4)

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 31.2683, -101.8809. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.26839, -101.88102 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

4 of 4 wells

With a plug date

50.0%

2 of 4 wells

Median depth

10,353 ft

4 wells filed one

Completion to plug

11.6 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

250.0%

BothOn the schedule and plugged. Neither fact cancels the other.

250.0%

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 10,187 and 10,459 ft, median 10,353 ft, over the 4 wells that filed a depth.

Completions filed

Apr 2008 – Aug 2010

4 of 4 wells

Plug dates filed

Sep 2021 – Apr 2022

2 of 4 wells; 2 filed none

Last completion to plug: a median of 11.6 years across the 2 wells that filed both dates, with the middle half between 11.5 years and 11.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-46136551	4	10,345 ft	Aug 2010	Apr 2022	Yes
42-46136540	3	10,459 ft	Jul 2010	—	Yes
42-46136220	2	10,361 ft	Apr 2010	Sep 2021	Yes
42-46135632	1	10,187 ft	Apr 2008	—	Yes

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 (170)

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

170 months


May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	213	0	70.78	3.98	$15,076
Jun 2021	126	2,596	69.49	3.38	$17,532
May 2021	261	3,175	63.48	3.02	$26,149
Apr 2021	299	3,325	60.36	2.76	$27,219
Mar 2021	266	3,839	61.30	2.72	$26,736
Feb 2021	241	2,653	57.80	5.55	$28,649
Jan 2021	265	3,367	50.41	2.81	$22,821
Dec 2020	166	4,171	44.64	2.68	$18,570
Nov 2020	402	4,579	38.77	2.71	$27,979
Oct 2020	158	3,739	36.97	2.48	$15,108
Sep 2020	157	2,391	37.09	1.99	$10,584
Aug 2020	116	4,099	39.98	2.39	$14,414
Jul 2020	312	4,260	38.37	1.83	$19,746
Jun 2020	169	4,166	34.90	1.69	$12,940
May 2020	121	4,616	16.92	1.81	$10,424
Apr 2020	255	2,988	14.75	1.80	$9,153
Mar 2020	291	3,668	30.34	1.86	$15,638
Feb 2020	339	3,957	49.88	1.98	$24,747
Jan 2020	343	4,080	57.25	2.09	$28,183
Dec 2019	261	4,349	59.01	2.30	$25,423
Nov 2019	403	4,320	55.30	2.75	$34,169
Oct 2019	107	4,218	53.47	2.42	$15,923
Sep 2019	222	4,186	55.05	2.66	$23,344
Aug 2019	284	4,349	53.11	2.30	$25,105
Jul 2019	166	4,709	56.27	2.46	$20,925
Jun 2019	196	4,457	52.78	2.49	$21,448
May 2019	223	4,402	58.48	2.74	$25,104
Apr 2019	319	4,459	62.63	2.75	$32,244
Mar 2019	154	5,017	56.80	3.06	$24,110
Feb 2019	172	4,347	50.85	2.79	$20,884
Jan 2019	229	4,767	46.03	3.23	$25,930
Dec 2018	243	4,568	46.59	4.19	$30,440
Nov 2018	247	4,869	52.93	4.24	$33,705
Oct 2018	354	4,983	61.44	3.40	$38,682
Sep 2018	128	4,920	59.54	3.11	$22,912
Aug 2018	327	6,081	59.40	3.07	$38,072
Jul 2018	262	3,596	65.14	2.93	$27,610
Jun 2018	262	4,563	60.18	3.08	$29,807
May 2018	346	5,050	65.38	2.90	$37,271
Apr 2018	384	5,083	63.84	2.90	$39,259
Mar 2018	453	5,297	61.22	2.79	$42,495
Feb 2018	324	4,045	61.78	2.77	$31,206
Jan 2018	329	5,662	62.87	4.01	$43,385
Dec 2017	327	5,190	57.27	2.92	$33,890
Nov 2017	525	5,339	55.42	3.12	$45,744
Oct 2017	327	5,658	49.29	2.98	$32,999
Sep 2017	390	6,334	47.52	3.09	$38,088
Aug 2017	411	6,849	45.37	3.00	$39,224
Jul 2017	425	7,475	43.87	3.09	$41,722
Jun 2017	345	7,106	42.49	3.09	$36,597
May 2017	401	7,801	45.37	3.26	$43,651
Apr 2017	477	7,414	47.93	3.21	$46,673
Mar 2017	346	7,004	46.77	2.98	$37,080
Feb 2017	406	6,279	50.45	2.95	$39,022
Jan 2017	422	7,215	49.41	3.42	$45,518
Dec 2016	493	6,844	48.76	3.72	$49,518
Nov 2016	485	7,191	42.49	2.64	$39,623
Oct 2016	326	7,400	46.19	3.09	$37,926
Sep 2016	355	7,301	41.55	3.10	$37,388
Aug 2016	394	8,662	41.44	2.92	$41,658
Jul 2016	510	8,406	41.62	2.92	$45,808
Jun 2016	379	7,440	45.35	2.69	$37,170
May 2016	527	7,947	42.52	1.99	$38,231
Apr 2016	638	7,644	36.56	1.99	$38,545
Mar 2016	446	8,355	33.01	1.79	$29,711
Feb 2016	817	8,106	26.47	2.06	$38,354
Jan 2016	682	8,396	27.35	2.36	$38,504
Dec 2015	686	8,907	32.36	2.00	$40,026
Nov 2015	495	8,869	38.79	2.17	$38,423
Oct 2015	712	8,787	43.55	2.43	$52,330
Sep 2015	658	9,362	42.99	2.76	$54,112
Aug 2015	649	10,038	40.16	2.87	$54,898
Jul 2015	711	10,568	48.15	2.95	$65,358
Jun 2015	677	10,212	56.15	2.88	$67,453
May 2015	495	10,609	55.21	2.96	$58,683
Apr 2015	602	10,461	49.82	2.71	$58,305
Mar 2015	749	11,369	42.89	2.93	$65,489
Feb 2015	661	10,213	44.66	2.98	$59,916
Jan 2015	718	10,940	43.43	3.10	$65,104
Dec 2014	615	10,953	54.69	3.59	$72,971
Nov 2014	690	11,266	70.46	4.25	$96,519
Oct 2014	525	11,816	78.30	3.90	$87,201
Sep 2014	566	11,904	86.16	4.05	$96,923
Aug 2014	748	11,888	89.39	4.04	$114,833
Jul 2014	631	12,905	96.56	4.18	$114,867
Jun 2014	576	12,129	98.16	4.74	$113,994
May 2014	541	13,385	94.73	4.73	$114,514
Apr 2014	764	13,086	95.94	4.81	$136,230
Mar 2014	833	14,083	95.89	5.06	$151,091
Feb 2014	908	11,704	97.40	6.19	$160,910
Jan 2014	1,060	11,950	90.40	4.86	$153,910
Dec 2013	951	12,259	91.82	4.35	$140,702
Nov 2013	851	9,558	88.85	3.74	$111,342
Oct 2013	1,074	11,452	97.42	3.78	$147,910
Sep 2013	908	10,239	104.11	3.72	$132,598
Aug 2013	839	10,214	104.25	3.52	$123,446
Jul 2013	1,314	10,602	102.52	3.72	$174,127
Jun 2013	1,133	7,489	94.40	3.93	$136,413
May 2013	1,215	6,078	94.83	4.15	$140,437
Apr 2013	1,383	5,385	93.96	4.28	$153,008
Mar 2013	1,483	5,616	93.62	3.91	$160,813
Feb 2013	1,188	5,078	91.23	3.42	$125,748
Jan 2013	1,556	5,402	91.60	3.42	$161,004
Dec 2012	1,634	5,211	86.77	3.42	$159,605
Nov 2012	1,739	5,424	86.95	3.62	$170,868
Oct 2012	2,184	6,096	89.38	3.40	$215,930
Sep 2012	1,761	5,753	94.67	2.92	$183,503
Aug 2012	1,815	4,867	92.66	2.91	$182,332
Jul 2012	1,693	6,062	85.13	3.02	$162,437
Jun 2012	1,790	4,724	79.82	2.52	$154,778
May 2012	1,816	4,359	91.61	2.49	$177,210
Apr 2012	1,729	5,442	101.65	2.00	$186,619
Mar 2012	2,178	5,958	105.05	2.22	$242,038
Feb 2012	2,222	4,272	101.10	2.57	$235,624
Jan 2012	2,628	4,557	98.09	2.73	$270,240
Dec 2011	2,978	5,573	96.87	3.24	$306,534
Nov 2011	2,797	5,379	95.72	3.31	$285,540
Oct 2011	2,506	3,897	84.98	3.65	$227,178
Sep 2011	1,897	5,228	83.62	3.99	$179,465
Aug 2011	2,542	6,111	83.40	4.15	$237,359
Jul 2011	2,783	6,262	94.14	4.52	$290,279
Jun 2011	2,515	5,554	92.90	4.64	$259,413
May 2011	2,466	6,106	98.13	4.40	$268,884
Apr 2011	3,168	10,676	105.96	4.33	$381,943
Mar 2011	3,422	13,352	96.36	4.06	$383,918
Feb 2011	3,055	8,525	85.64	4.18	$297,265
Jan 2011	4,140	14,843	86.50	4.59	$426,221
Dec 2010	4,760	13,630	85.73	4.35	$467,335
Nov 2010	4,817	10,796	80.84	3.80	$430,381
Oct 2010	6,149	17,848	78.10	3.51	$542,864
Sep 2010	6,182	22,834	72.63	3.98	$539,866
Aug 2010	7,939	24,325	73.68	4.42	$692,446
Jul 2010	6,012	19,445	72.55	4.74	$528,272
Jun 2010	2,146	11,251	70.36	4.91	$206,239
May 2010	2,597	9,943	71.12	4.24	$226,809
Apr 2010	1,841	3,664	81.69	4.12	$165,497
Mar 2010	508	1,480	78.39	4.39	$46,317
Feb 2010	400	1,335	73.58	5.44	$36,698
Jan 2010	482	1,249	74.36	5.96	$43,291
Dec 2009	488	1,450	71.44	5.48	$42,814
Nov 2009	611	1,307	74.59	3.75	$50,478
Oct 2009	677	1,390	72.54	4.11	$54,823
Sep 2009	521	1,338	65.54	3.06	$38,247
Aug 2009	679	1,409	67.42	3.22	$50,313
Jul 2009	452	942	61.13	3.46	$30,894
Jun 2009	265	1,006	66.16	3.90	$21,451
May 2009	461	1,296	54.74	3.93	$30,323
Apr 2009	416	1,299	46.77	3.59	$24,116
Mar 2009	551	1,220	42.14	4.06	$28,171
Feb 2009	416	1,116	32.81	4.63	$18,819
Jan 2009	500	1,303	35.86	5.37	$24,928
Dec 2008	494	1,071	37.10	5.98	$24,729
Nov 2008	559	1,382	55.49	6.86	$40,500
Oct 2008	777	1,183	75.24	6.92	$66,650
Sep 2008	716	1,064	101.76	7.88	$81,241
Aug 2008	866	1,003	114.22	8.48	$107,423
Jul 2008	1,375	2,347	131.08	11.39	$206,966
Jun 2008	1,109	1,070	131.33	13.03	$159,590
May 2008	1,681	1,965	123.17	11.57	$229,792
Apr 2008	1,272	1,623	110.31	10.45	$157,283

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 2021 — as filed, then multipliedworked

Oil                  213 bbl  × $ 70.78 =    $15,076
Casinghead gas         0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                  $15,076

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/16576 is the state's own key, not one this site invented.