UNIVERSITY "10-3"

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 16648District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$38.8 M
Jul 2008 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
215
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
OilDisposition482,382 bbl$34,268,674
Casinghead gasProduction1,315,672 Mcf$4,575,413
Total$38,844,087

Wells on this lease (6)

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 31.2937, -101.5253. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles.

31.29023, -101.52548 · 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
33.3%
2 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
7,839 ft
6 wells filed one
Completion to plug
9.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
233.3%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
NeitherNo plug date, and not on the schedule.
466.7%

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 7,580 and 9,356 ft, median 7,839 ft, over the 6 wells that filed a depth.

Completions filed
May 2007 – May 2013
6 of 6 wells
Plug dates filed
Oct 2016 – Dec 2017
2 of 6 wells; 4 filed none

Last completion to plug: a median of 9.7 years across the 2 wells that filed both dates, with the middle half between 9.2 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-383382026H7,843 ftMay 2013
42-383378065H7,834 ftMay 2013
42-383376904H7,580 ftSep 2012
42-3833617728,592 ftJul 2008
42-3833591849,356 ftFeb 2008Oct 2016Yes
42-3833590437,581 ftMay 2007Dec 2017Yes

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 (215)

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

215 months

May 20266505,893106.413.05$87,116
Apr 20268444,48998.932.87$96,379
Mar 20261,2235,34289.753.15$126,589
Feb 20261,4602,69663.503.75$102,821
Jan 20261,0024,39759.138.00$94,415
Dec 20259915,69556.664.41$81,284
Nov 20256794,36158.593.93$56,906
Oct 20259516,07359.383.30$76,541
Sep 20251,1906,70562.743.08$95,291
Aug 20251,0416,00263.933.01$84,646
Jul 20258076,31266.743.32$74,785
Jun 20251,2407,88266.483.13$107,096
May 20251,1776,38660.553.23$91,909
Apr 20251,3718,77262.363.54$116,576
Mar 20251,2696,51067.704.27$113,698
Feb 20251,0004,90170.884.34$92,154
Jan 20251,4708,86574.324.28$147,181
Dec 20241,7037,24168.993.12$140,092
Nov 20241,4568,93169.052.20$120,171
Oct 20241,1266,06171.372.28$94,190
Sep 20249354,65769.612.36$76,096
Aug 20241,0563,40475.632.06$86,890
Jul 20241,7909,47479.932.15$163,411
Jun 20246633,65378.082.63$61,389
May 20241,1775,21578.812.20$104,224
Apr 20241,5337,78584.451.66$142,379
Mar 20241,0033,57980.301.55$86,071
Feb 20241,0884,57776.091.78$90,950
Jan 20241,8179,99173.023.30$165,624
Dec 20231,87011,29471.262.61$162,742
Nov 20231,5259,50477.892.81$145,465
Oct 20231,4048,56685.443.09$146,403
Sep 20231,2915,33789.042.74$129,548
Aug 20231,4566,53380.522.67$134,699
Jul 20231,2583,82974.852.64$104,277
Jun 20238463,25868.962.26$65,698
May 20237213,02970.622.23$57,664
Apr 20239923,23478.122.24$84,732
Mar 20239242,84672.852.39$74,124
Feb 20238362,97375.112.47$70,122
Jan 20231,5175,58976.533.39$135,030
Dec 20221,5514,43976.415.73$143,943
Nov 20221,3605,48385.005.65$146,558
Oct 20221,2904,56087.185.86$139,201
Sep 20221,2806,79784.888.16$164,135
Aug 20221,3796,93794.529.13$193,658
Jul 20221,3626,002101.587.54$183,620
Jun 20221,3847,736115.097.98$220,996
May 20221,6627,401109.378.43$244,186
Apr 20221,7284,584104.226.84$211,436
Mar 20229662,154108.885.08$116,113
Feb 20221,2673,29191.054.86$131,351
Jan 20221,9764,18581.844.54$180,706
Dec 20211,5983,68271.323.90$128,326
Nov 20211,6274,40877.435.24$149,063
Oct 20211,3103,60679.795.71$125,129
Sep 20211,7733,85569.865.35$144,490
Aug 20212,0014,56266.024.22$151,360
Jul 20212,6245,13770.783.98$206,183
Jun 20211,0251,92669.493.38$77,738
May 20217621,64163.483.02$53,324
Apr 202159381760.362.76$38,047
Mar 20211,5954,29461.302.72$109,440
Feb 20211,5063,85457.805.55$108,429
Jan 20211,8197,06050.412.81$111,536
Dec 20202,0158,36144.642.68$112,319
Nov 20201,2912,63038.772.71$57,170
Oct 20201,7768,60236.972.48$86,978
Sep 20202,0349,51137.091.99$94,378
Aug 20201,8656,68439.982.39$90,505
Jul 20201,8926,74738.371.83$84,910
Jun 20201,9416,08634.901.69$78,028
May 20201,8586,92816.921.81$44,010
Apr 20201,9978,94114.751.80$45,589
Mar 20201,9807,23130.341.86$73,496
Feb 20202,0397,54949.881.98$116,657
Jan 20201,9207,86157.252.09$126,387
Dec 20191,8058,01259.012.30$124,976
Nov 20192,0669,72955.302.75$141,011
Oct 20192,3319,46453.472.42$147,528
Sep 20192,2188,76355.052.66$145,387
Aug 20192,4518,67553.112.30$150,163
Jul 20192,8398,91756.272.46$181,687
Jun 20191,7894,46352.782.49$105,542
May 20192,5286,36458.482.74$165,277
Apr 20191,5745,39062.632.75$113,406
Mar 20192,0416,98356.803.06$137,311
Feb 20192,0537,53950.852.79$125,446
Jan 20192,4106,22046.033.23$131,012
Dec 20182,4955,14346.594.19$137,768
Nov 20182,8388,24752.934.24$185,160
Oct 20183,0657,51561.443.40$213,850
Sep 20181,9726,52859.543.11$137,702
Aug 20182,3667,56459.403.07$163,736
Jul 20182,6336,50465.142.93$190,583
Jun 20182,6859,14660.183.08$189,725
May 20183,19311,81665.382.90$243,034
Apr 20183,9429,91163.842.90$280,407
Mar 20183,2216,92061.222.79$216,475
Feb 20182,2145,96161.782.77$153,270
Jan 20181,0982,11362.874.01$77,503
Dec 20172,2378,55357.272.92$153,101
Nov 20172,63011,84355.423.12$182,685
Oct 20172,73213,56949.292.98$175,146
Sep 20172,27711,24147.523.09$142,907
Aug 20172,89110,99245.373.00$164,189
Jul 20173,16010,65143.873.09$171,512
Jun 20173,0136,77942.493.09$148,951
May 20172,9216,00245.373.26$152,113
Apr 20172,4777,64747.933.21$143,282
Mar 20172,5338,37446.772.98$143,454
Feb 20172,4196,63250.452.95$141,620
Jan 20171,9418,10549.413.42$123,614
Dec 20162,3778,38148.763.72$147,104
Nov 20162,5069,22442.492.64$130,871
Oct 20163,49810,64846.193.09$194,478
Sep 20162,9337,49041.553.10$145,090
Aug 20162,5176,89741.442.92$124,474
Jul 20163,0459,70541.622.92$155,114
Jun 20163,37910,99745.352.69$182,774
May 20165,3589,89742.521.99$247,527
Apr 20169283,59136.561.99$41,078
Mar 20163,4087,97333.011.79$126,802
Feb 20163,3417,49126.472.06$103,895
Jan 20163,8048,98827.352.36$125,290
Dec 20153,6688,32032.362.00$135,348
Nov 20153,5486,24438.792.17$151,160
Oct 20153,4836,96243.552.43$168,579
Sep 20153,3727,25742.992.76$164,980
Aug 20153,8607,64440.162.87$176,975
Jul 20153,8797,04448.152.95$207,519
Jun 20153,7937,77756.152.88$235,397
May 20153,9147,98555.212.96$239,691
Apr 20153,7228,04249.822.71$207,196
Mar 20154,0607,33542.892.93$195,660
Feb 20153,9147,35544.662.98$196,689
Jan 20154,1658,33043.433.10$206,714
Dec 20144,4248,67954.693.59$273,118
Nov 20144,5607,65870.464.25$353,858
Oct 20144,6458,52878.303.90$396,971
Sep 20145,0038,39586.164.05$465,020
Aug 20145,50010,46389.394.04$533,864
Jul 20145,51411,67696.564.18$581,233
Jun 20146,16712,21698.164.74$663,218
May 20146,54514,61694.734.73$689,091
Apr 20146,26411,48595.944.81$656,201
Mar 20147,03412,34395.895.06$736,906
Feb 20146,30415,16397.406.19$707,899
Jan 20148,04616,00690.404.86$805,159
Dec 20139,74614,86291.824.35$959,594
Nov 20136,32315,41188.853.74$619,409
Oct 20139,24621,60397.423.78$982,391
Sep 20139,70422,991104.113.72$1,095,758
Aug 201311,51827,175104.253.52$1,296,478
Jul 201313,62333,825102.523.72$1,522,383
Jun 201320,07626,37194.403.93$1,998,902
May 201315,45711,38694.834.15$1,513,029
Apr 20132,2943,24493.964.28$229,437
Mar 20131,1651,85593.623.91$116,326
Feb 20132,1273,43791.233.42$205,800
Jan 20132,6793,26691.603.42$256,566
Dec 20122,8504,10986.773.42$261,348
Nov 20123,0864,64486.953.62$285,162
Oct 20123,8904,82689.383.40$364,095
Sep 20121,3554,30994.672.92$140,853
Aug 20122351,22292.662.91$25,329
Jul 20123401,18085.133.02$32,509
Jun 20122651,16879.822.52$24,095
May 20122091,14991.612.49$22,006
Apr 20121991,299101.652.00$22,822
Mar 20122321,448105.052.22$27,589
Feb 2012261794101.102.57$28,428
Jan 201221971998.092.73$23,448
Dec 201121213496.873.24$20,971
Nov 201127380995.723.31$28,810
Oct 201124685284.983.65$24,014
Sep 201121282883.623.99$21,028
Aug 201117893783.404.15$18,733
Jul 201120596594.144.52$23,658
Jun 20111981,00492.904.64$23,053
May 20111571,01698.134.40$19,882
Apr 20111331,018105.964.33$18,504
Mar 20111801,04696.364.06$21,589
Feb 201121392085.644.18$22,087
Jan 20113061,01386.504.59$31,117
Dec 20102621,03785.734.35$26,970
Nov 201029297980.843.80$27,321
Oct 20103431,01378.103.51$30,343
Sep 20103211,06872.633.98$27,564
Aug 20104151,08973.684.42$35,390
Jul 20104091,11872.554.74$34,968
Jun 201021588470.364.91$19,468
May 201030497571.124.24$25,750
Apr 20104431,08881.694.12$40,674
Mar 20104741,19178.394.39$42,384
Feb 20104931,11873.585.44$42,360
Jan 20104391,41574.365.96$41,083
Dec 20094971,40171.445.48$43,188
Nov 20094651,47374.593.75$40,210
Oct 20094221,67172.544.11$37,480
Sep 20095791,88765.543.06$43,731
Aug 20094531,77967.423.22$36,267
Jul 20095621,31361.133.46$38,904
Jun 20095121,32366.163.90$39,027
May 20095681,51854.743.93$37,052
Apr 20094231,34546.773.59$24,609
Mar 20095981,33742.144.06$30,627
Feb 20095311,12532.814.63$22,634
Jan 20097561,94935.865.37$37,578
Dec 20081,2182,88937.105.98$62,456
Nov 200876580355.496.86$47,959
Oct 20086131,43775.246.92$56,069
Sep 2008832830101.767.88$91,202
Aug 20086321,319114.228.48$83,376
Jul 200800131.0811.39$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.

May 2026 — as filed, then multipliedworked
Oil                  650 bbl  × $106.41 =    $69,167
Casinghead gas     5,893 Mcf  × $  3.05 =    $17,949

────────────────────────────────────────────────────
Month total                                  $87,116

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/16648 is the state's own key, not one this site invented.