UNIVERSITY "1-4"

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 16764District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.2 M
Oct 2008 – Mar 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
138
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
OilDisposition15,734 bbl$1,156,578
Casinghead gasProduction22,274 Mcf$88,701
Total$1,245,279

Wells on this lease (1)

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 31.1414, -101.7290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.14137, -101.72896 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,868 ft
1 wells filed one
Completion to plug
3.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 8,868 ft.

Completions filed
May 2016
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 3.2 years across the 1 well that filed both dates, with the middle half between 3.2 years and 3.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833626138,868 ftMay 2016Jul 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 (138)

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

138 months

Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20161026.472.06$26
Jan 20161027.352.36$27
Dec 20153032.362.00$97
Nov 20157038.792.17$272
Oct 201520043.552.43$871
Sep 201542042.992.76$1,806
Aug 20154012440.162.87$1,963
Jul 20158116248.152.95$4,377
Jun 20154120956.152.88$2,905
May 20154017055.212.96$2,711
Apr 20158117849.822.71$4,517
Mar 20157417342.892.93$3,682
Feb 20156314744.662.98$3,251
Jan 20158918043.433.10$4,423
Dec 20144615254.693.59$3,062
Nov 20148915370.464.25$6,921
Oct 20144316778.303.90$4,018
Sep 20148015986.164.05$7,536
Aug 20144916589.394.04$5,046
Jul 20149917096.564.18$10,270
Jun 20145115998.164.74$5,759
May 20148716394.734.73$9,012
Apr 20143415495.944.81$4,003
Mar 20144515395.895.06$5,089
Feb 20145014997.406.19$5,793
Jan 20144915190.404.86$5,164
Dec 20139218391.824.35$9,244
Nov 201310216588.853.74$9,680
Oct 20134418797.423.78$4,993
Sep 2013106161104.113.72$11,634
Aug 201349150104.253.52$5,637
Jul 201390155102.523.72$9,803
Jun 20138815494.403.93$8,913
May 20139117694.834.15$9,360
Apr 20139218393.964.28$9,428
Mar 201317719993.623.91$17,349
Feb 20138518091.233.42$8,370
Jan 201314320691.603.42$13,803
Dec 20124522086.773.42$4,657
Nov 201218423186.953.62$16,836
Oct 20129420389.383.40$9,092
Sep 20129218394.672.92$9,244
Aug 20129226692.662.91$9,298
Jul 201222526385.133.02$19,949
Jun 201211419979.822.52$9,601
May 201222323691.612.49$21,016
Apr 2012100247101.652.00$10,658
Mar 2012189268105.052.22$20,450
Feb 201287251101.102.57$9,441
Jan 201216826298.092.73$17,195
Dec 201117327696.873.24$17,653
Nov 201112928395.723.31$13,285
Oct 201114329984.983.65$13,243
Sep 201120229983.623.99$18,083
Aug 201123331883.404.15$20,752
Jul 201130031894.144.52$29,678
Jun 201112032292.904.64$12,642
May 201125234298.134.40$26,235
Apr 2011233324105.964.33$26,093
Mar 201121229196.364.06$21,609
Feb 201121523685.644.18$19,399
Jan 201122926786.504.59$21,034
Dec 201022829785.734.35$20,838
Nov 201034732180.843.80$29,270
Oct 201027636378.103.51$22,829
Sep 201026936672.633.98$20,994
Aug 201025041173.684.42$20,236
Jul 201038443772.554.74$29,929
Jun 201021945870.364.91$17,658
May 201030929971.124.24$23,242
Apr 201021629681.694.12$18,865
Mar 201033835178.394.39$28,036
Feb 201023837673.585.44$19,558
Jan 201037340574.365.96$30,152
Dec 200945045971.445.48$34,665
Nov 200936448374.593.75$28,963
Oct 200938952772.544.11$30,384
Sep 200939058165.543.06$27,341
Aug 200951258767.423.22$36,408
Jul 200956060261.133.46$36,318
Jun 200940753166.163.90$28,995
May 200937034854.743.93$21,620
Apr 200933523746.773.59$16,518
Mar 200937445042.144.06$17,587
Feb 200959042032.814.63$21,304
Jan 200949246735.865.37$20,151
Dec 200839129037.105.98$16,239
Nov 200814517155.496.86$9,219
Oct 20080075.246.92$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.

Feb 2016 — as filed, then multipliedworked
Oil                    1 bbl  × $ 26.47 =        $26
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                      $26

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/16764 is the state's own key, not one this site invented.