UNIVERSITY "58-31"

Name: UNIVERSITY "58-31" 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 16591District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$2.2 M

Apr 2008 – Jul 2020

Value, last 12 filed months

$12 k

at the published price for each month

Months reported

148

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	21,744 bbl	$1,703,394
Casinghead gas	Production	108,955 Mcf	$509,284
Total			$2,212,679

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 31.3130, -101.4917. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.31298, -101.49173 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

8,496 ft

2 wells filed one

Completion to plug

9.6 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 8,480 and 8,511 ft, median 8,496 ft, over the 2 wells that filed a depth.

Completions filed

Apr 2008

2 of 2 wells

Plug dates filed

Oct 2015 – Dec 2019

2 of 2 wells

Last completion to plug: a median of 9.6 years across the 2 wells that filed both dates, with the middle half between 8.6 years and 10.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38336135	1	8,511 ft	Apr 2008	Oct 2015	Yes
42-38336067	4	8,480 ft	Apr 2008	Dec 2019	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 (148)

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

148 months


Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	137	0	57.25	2.09	$7,843
Dec 2019	2	124	59.01	2.30	$404
Nov 2019	0	287	55.30	2.75	$789
Oct 2019	1	486	53.47	2.42	$1,229
Sep 2019	0	425	55.05	2.66	$1,129
Aug 2019	2	292	53.11	2.30	$779
Jul 2019	177	345	56.27	2.46	$10,809
Jun 2019	11	423	52.78	2.49	$1,634
May 2019	0	435	58.48	2.74	$1,192
Apr 2019	0	273	62.63	2.75	$751
Mar 2019	0	410	56.80	3.06	$1,255
Feb 2019	0	444	50.85	2.79	$1,240
Jan 2019	2	488	46.03	3.23	$1,667
Dec 2018	185	448	46.59	4.19	$10,494
Nov 2018	0	437	52.93	4.24	$1,852
Oct 2018	0	505	61.44	3.40	$1,716
Sep 2018	0	280	59.54	3.11	$870
Aug 2018	0	344	59.40	3.07	$1,055
Jul 2018	0	128	65.14	2.93	$375
Jun 2018	0	120	60.18	3.08	$369
May 2018	174	124	65.38	2.90	$11,736
Apr 2018	0	129	63.84	2.90	$374
Mar 2018	0	291	61.22	2.79	$811
Feb 2018	0	269	61.78	2.77	$744
Jan 2018	0	307	62.87	4.01	$1,231
Dec 2017	0	349	57.27	2.92	$1,020
Nov 2017	0	352	55.42	3.12	$1,098
Oct 2017	179	372	49.29	2.98	$9,933
Sep 2017	0	398	47.52	3.09	$1,229
Aug 2017	0	291	45.37	3.00	$874
Jul 2017	0	313	43.87	3.09	$966
Jun 2017	0	470	42.49	3.09	$1,451
May 2017	0	541	45.37	3.26	$1,766
Apr 2017	183	501	47.93	3.21	$10,380
Mar 2017	1	568	46.77	2.98	$1,742
Feb 2017	1	472	50.45	2.95	$1,444
Jan 2017	0	482	49.41	3.42	$1,648
Dec 2016	181	489	48.76	3.72	$10,646
Nov 2016	1	479	42.49	2.64	$1,309
Oct 2016	1	529	46.19	3.09	$1,681
Sep 2016	0	464	41.55	3.10	$1,439
Aug 2016	36	528	41.44	2.92	$3,036
Jul 2016	0	481	41.62	2.92	$1,407
Jun 2016	50	657	45.35	2.69	$4,032
May 2016	50	309	42.52	1.99	$2,741
Apr 2016	0	295	36.56	1.99	$587
Mar 2016	93	365	33.01	1.79	$3,725
Feb 2016	0	361	26.47	2.06	$745
Jan 2016	123	455	27.35	2.36	$4,440
Dec 2015	101	521	32.36	2.00	$4,311
Nov 2015	101	475	38.79	2.17	$4,947
Oct 2015	75	496	43.55	2.43	$4,470
Sep 2015	82	532	42.99	2.76	$4,993
Aug 2015	78	500	40.16	2.87	$4,569
Jul 2015	61	459	48.15	2.95	$4,289
Jun 2015	86	477	56.15	2.88	$6,204
May 2015	27	498	55.21	2.96	$2,962
Apr 2015	60	447	49.82	2.71	$4,199
Mar 2015	105	355	42.89	2.93	$5,545
Feb 2015	100	417	44.66	2.98	$5,707
Jan 2015	115	528	43.43	3.10	$6,632
Dec 2014	121	813	54.69	3.59	$9,537
Nov 2014	140	901	70.46	4.25	$13,695
Oct 2014	151	949	78.30	3.90	$15,525
Sep 2014	179	907	86.16	4.05	$19,092
Aug 2014	105	812	89.39	4.04	$12,662
Jul 2014	187	921	96.56	4.18	$21,906
Jun 2014	94	823	98.16	4.74	$13,125
May 2014	154	893	94.73	4.73	$18,809
Apr 2014	145	878	95.94	4.81	$18,134
Mar 2014	150	916	95.89	5.06	$19,016
Feb 2014	72	833	97.40	6.19	$12,171
Jan 2014	159	952	90.40	4.86	$19,001
Dec 2013	81	804	91.82	4.35	$10,938
Nov 2013	80	831	88.85	3.74	$10,215
Oct 2013	68	936	97.42	3.78	$10,162
Sep 2013	30	844	104.11	3.72	$6,261
Aug 2013	33	913	104.25	3.52	$6,656
Jul 2013	60	962	102.52	3.72	$9,728
Jun 2013	91	893	94.40	3.93	$12,103
May 2013	54	942	94.83	4.15	$9,029
Apr 2013	97	979	93.96	4.28	$13,307
Mar 2013	89	1,103	93.62	3.91	$12,648
Feb 2013	153	535	91.23	3.42	$15,788
Jan 2013	59	437	91.60	3.42	$6,899
Dec 2012	114	644	86.77	3.42	$12,094
Nov 2012	151	795	86.95	3.62	$16,011
Oct 2012	63	806	89.38	3.40	$8,371
Sep 2012	48	724	94.67	2.92	$6,657
Aug 2012	48	758	92.66	2.91	$6,652
Jul 2012	106	845	85.13	3.02	$11,576
Jun 2012	82	721	79.82	2.52	$8,361
May 2012	141	637	91.61	2.49	$14,502
Apr 2012	124	580	101.65	2.00	$13,763
Mar 2012	99	756	105.05	2.22	$12,080
Feb 2012	98	718	101.10	2.57	$11,753
Jan 2012	218	746	98.09	2.73	$23,423
Dec 2011	72	675	96.87	3.24	$9,161
Nov 2011	167	565	95.72	3.31	$17,856
Oct 2011	128	605	84.98	3.65	$13,085
Sep 2011	175	798	83.62	3.99	$17,814
Aug 2011	58	837	83.40	4.15	$8,310
Jul 2011	172	753	94.14	4.52	$19,594
Jun 2011	249	596	92.90	4.64	$25,897
May 2011	129	582	98.13	4.40	$15,222
Apr 2011	267	518	105.96	4.33	$30,536
Mar 2011	175	666	96.36	4.06	$19,565
Feb 2011	224	648	85.64	4.18	$21,892
Jan 2011	228	810	86.50	4.59	$23,439
Dec 2010	144	691	85.73	4.35	$15,349
Nov 2010	198	752	80.84	3.80	$18,860
Oct 2010	192	1,169	78.10	3.51	$19,097
Sep 2010	230	1,171	72.63	3.98	$21,365
Aug 2010	201	1,250	73.68	4.42	$20,334
Jul 2010	294	1,258	72.55	4.74	$27,288
Jun 2010	166	1,266	70.36	4.91	$17,896
May 2010	161	1,250	71.12	4.24	$16,744
Apr 2010	126	1,302	81.69	4.12	$15,661
Mar 2010	201	921	78.39	4.39	$19,798
Feb 2010	86	1,030	73.58	5.44	$11,934
Jan 2010	272	1,115	74.36	5.96	$26,876
Dec 2009	284	1,296	71.44	5.48	$27,396
Nov 2009	200	1,289	74.59	3.75	$19,754
Oct 2009	306	1,425	72.54	4.11	$28,054
Sep 2009	463	1,360	65.54	3.06	$34,513
Aug 2009	475	1,436	67.42	3.22	$36,646
Jul 2009	534	1,455	61.13	3.46	$37,684
Jun 2009	324	1,638	66.16	3.90	$27,816
May 2009	450	1,652	54.74	3.93	$31,118
Apr 2009	471	1,467	46.77	3.59	$27,292
Mar 2009	514	1,438	42.14	4.06	$27,497
Feb 2009	446	1,389	32.81	4.63	$21,069
Jan 2009	563	1,479	35.86	5.37	$28,133
Dec 2008	552	1,359	37.10	5.98	$28,602
Nov 2008	826	1,215	55.49	6.86	$54,170
Oct 2008	674	1,464	75.24	6.92	$60,846
Sep 2008	604	1,610	101.76	7.88	$74,145
Aug 2008	700	2,017	114.22	8.48	$97,064
Jul 2008	787	2,291	131.08	11.39	$129,253
Jun 2008	1,000	2,592	131.33	13.03	$165,111
May 2008	780	3,605	123.17	11.57	$137,798
Apr 2008	51	703	110.31	10.45	$12,976

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.

Jan 2020 — as filed, then multipliedworked

Oil                  137 bbl  × $ 57.25 =     $7,843
Casinghead gas         0 Mcf  × $  2.09 =         $0

────────────────────────────────────────────────────
Month total                                   $7,843

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/16591 is the state's own key, not one this site invented.