UNIVERSITY "3-18A"

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 16661District 7CField 85279200OilCasinghead gasSave
Value, all time
$5.2 M
Jul 2008 – Mar 2014
Value, last 12 filed months
$473 k
at the published price for each month
Months reported
69
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition52,979 bbl$4,649,779
Casinghead gasProduction133,424 Mcf$505,330
Total$5,155,109

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 31.2645, -101.7825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.26391, -101.78177 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,298 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
3100.0%

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 10,178 and 10,395 ft, median 10,298 ft, over the 3 wells that filed a depth.

Completions filed
Jul 2008 – Jul 2011
3 of 3 wells

3 wells

42-38336954810,395 ftJul 2011
42-46137028110,298 ftJul 2011
42-46135734410,178 ftJul 2008

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 (69)

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

69 months

Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20136823,247104.253.52$82,536
Jul 20138393,604102.523.72$99,413
Jun 20138154,02294.403.93$92,756
May 20139154,04294.834.15$103,540
Apr 20138543,48593.964.28$95,167
Mar 20139903,94293.623.91$108,108
Feb 20139453,24291.233.42$97,300
Jan 20131,0593,79791.603.42$109,990
Dec 20121,1484,01486.773.42$113,340
Nov 20121,1154,16286.953.62$112,036
Oct 20121,2684,31589.383.40$128,003
Sep 20121,0584,02194.672.92$111,896
Aug 20121,3864,80992.662.91$142,412
Jul 20121,3074,44085.133.02$124,677
Jun 20121,6125,49679.822.52$142,514
May 20121,8904,91191.612.49$185,363
Apr 20121,6343,164101.652.00$172,414
Mar 20122,2504,259105.052.22$245,826
Feb 20122,1444,569101.102.57$228,502
Jan 20121,6903,09798.092.73$174,240
Dec 20111,9972,68596.873.24$202,148
Nov 20112,0342,72095.723.31$203,701
Oct 20112,3583,86684.983.65$214,488
Sep 20112,8124,93183.623.99$254,793
Aug 20113,1645,28083.404.15$285,786
Jul 20111,3652,00994.144.52$137,576
Jun 201118539692.904.64$19,024
May 201118240898.134.40$19,657
Apr 2011154403105.964.33$18,064
Mar 201114341496.364.06$15,459
Feb 201113934185.644.18$13,329
Jan 201115537986.504.59$15,147
Dec 201014837885.734.35$14,331
Nov 201017741080.843.80$15,865
Oct 201020542178.103.51$17,488
Sep 201016544072.633.98$13,735
Aug 201019845773.684.42$16,608
Jul 201016739772.554.74$13,996
Jun 201014733570.364.91$11,988
May 201016536371.124.24$13,272
Apr 201019034481.694.12$16,939
Mar 201015534278.394.39$13,651
Feb 201015832273.585.44$13,378
Jan 201018731974.365.96$15,808
Dec 200926935971.445.48$21,186
Nov 200923837074.593.75$19,140
Oct 200927041572.544.11$21,292
Sep 200925742565.543.06$18,146
Aug 200924347267.423.22$17,902
Jul 200922948061.133.46$15,662
Jun 200938767066.163.90$28,214
May 20094623,03454.743.93$37,201
Apr 20094753,34646.773.59$34,220
Mar 20095641,52442.144.06$29,953
Feb 20095581,44132.814.63$24,984
Jan 20095591,62535.865.37$28,774
Dec 20086021,44037.105.98$30,941
Nov 20089002,03355.496.86$63,888
Oct 20081,3151,30175.246.92$107,946
Sep 20081,4151,651101.767.88$156,995
Aug 20081,6913,411114.228.48$222,082
Jul 2008194429131.0811.39$30,316

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.

Aug 2013 — as filed, then multipliedworked
Oil                  682 bbl  × $104.25 =    $71,099
Casinghead gas     3,247 Mcf  × $  3.52 =    $11,438

────────────────────────────────────────────────────
Month total                                  $82,536

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/16661 is the state's own key, not one this site invented.