UNIVERSITY 12-3

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 16811District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 2009 – Mar 2020
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
135
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
OilDisposition16,283 bbl$1,132,161
Casinghead gasProduction33,296 Mcf$119,430
Total$1,251,590

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 31.1215, -101.5085. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.12147, -101.50847 · 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
8,575 ft
1 wells filed one
Completion to plug
8.6 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 8,575 ft.

Completions filed
Jan 2011
1 of 1 wells
Plug dates filed
Aug 2019
1 of 1 wells

Last completion to plug: a median of 8.6 years across the 1 well that filed both dates, with the middle half between 8.6 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3833635318,575 ftJan 2011Aug 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 (135)

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

135 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 20191324953.112.30$7,123
Jul 20199121756.272.46$5,654
Jun 2019021052.782.49$523
May 20197021758.482.74$4,688
Apr 2019021062.632.75$578
Mar 201910321756.803.06$6,515
Feb 2019019650.852.79$547
Jan 20199121746.033.23$4,889
Dec 20189221746.594.19$5,195
Nov 2018021052.934.24$890
Oct 20189421761.443.40$6,513
Sep 20189321059.543.11$6,190
Aug 2018021759.403.07$665
Jul 201819421765.142.93$13,273
Jun 2018021060.183.08$646
May 201812021765.382.90$8,475
Apr 20189021763.842.90$6,375
Mar 20187324861.222.79$5,160
Feb 20187522061.782.77$5,242
Jan 20187724862.874.01$5,835
Dec 20177723457.272.92$5,093
Nov 20177624055.423.12$4,960
Oct 20178324849.292.98$4,831
Sep 20178024047.523.09$4,543
Aug 20177924845.373.00$4,329
Jul 20178024843.873.09$4,275
Jun 20177624042.493.09$3,970
May 20178824245.373.26$4,782
Apr 20179124047.933.21$5,132
Mar 20178224846.772.98$4,575
Feb 20178021950.452.95$4,683
Jan 20178624849.413.42$5,097
Dec 201618123348.763.72$9,693
Nov 20168416542.492.64$4,005
Oct 201626046.193.09$1,201
Sep 20167118241.553.10$3,514
Aug 20168721741.442.92$4,240
Jul 20168621741.622.92$4,214
Jun 20168321045.352.69$4,328
May 20168321742.521.99$3,961
Apr 20167722836.561.99$3,269
Mar 201614521733.011.79$5,176
Feb 20167620326.472.06$2,431
Jan 20168121727.352.36$2,728
Dec 20159021732.362.00$3,347
Nov 20158221038.792.17$3,636
Oct 201518121743.552.43$8,409
Sep 201517821042.992.76$8,231
Aug 20158921740.162.87$4,198
Jul 20157821748.152.95$4,395
Jun 201517322856.152.88$10,371
May 20158132755.212.96$5,438
Apr 20158030349.822.71$4,806
Mar 20158128142.892.93$4,299
Feb 20157220944.662.98$3,838
Jan 20157124843.433.10$3,852
Dec 201415526754.693.59$9,436
Nov 20147227270.464.25$6,230
Oct 20148527678.303.90$7,732
Sep 20147925486.164.05$7,834
Aug 201416726089.394.04$15,977
Jul 201425731296.564.18$26,120
Jun 2014031398.164.74$1,483
May 201426031194.734.73$26,100
Apr 201427829495.944.81$28,085
Mar 201426729795.895.06$27,105
Feb 2014026397.406.19$1,629
Jan 201419727290.404.86$19,131
Dec 201313229891.824.35$13,418
Nov 201313825988.853.74$13,230
Oct 2013028197.423.78$1,062
Sep 201368258104.113.72$8,039
Aug 2013148271104.253.52$16,384
Jul 20130350102.523.72$1,301
Jun 201314432594.403.93$14,872
May 201314329694.834.15$14,789
Apr 20138229893.964.28$8,981
Mar 20138232293.623.91$8,937
Feb 20136427091.233.42$6,762
Jan 201312632091.603.42$12,636
Dec 20126837086.773.42$7,166
Nov 201215335886.953.62$14,601
Oct 20128131689.383.40$8,314
Sep 201214129994.672.92$14,221
Aug 201215829192.662.91$15,487
Jul 20121085.133.02$85
Jun 20122079.822.52$160
May 20122212791.612.49$2,331
Apr 201242157101.652.00$4,583
Mar 201287226105.052.22$9,642
Feb 201261292101.102.57$6,918
Jan 20127821798.092.73$8,244
Dec 20117915796.873.24$8,161
Nov 201117415295.723.31$17,159
Oct 201112817384.983.65$11,509
Sep 201112818683.623.99$11,445
Aug 20114719383.404.15$4,721
Jul 201114520394.144.52$14,567
Jun 201110220492.904.64$10,422
May 20118520998.134.40$9,262
Apr 2011278221105.964.33$30,415
Mar 20119422996.364.06$9,987
Feb 201125020485.644.18$22,263
Jan 201122627186.504.59$20,793
Dec 20107412485.734.35$6,883
Nov 20106412080.843.80$5,629
Oct 201015212478.103.51$12,306
Sep 201014312072.633.98$10,864
Aug 201014512473.684.42$11,232
Jul 201016615172.554.74$12,759
Jun 201019412070.364.91$14,239
May 201023912471.124.24$17,523
Apr 201020612881.694.12$17,356
Mar 201021315478.394.39$17,373
Feb 201023016073.585.44$17,794
Jan 201047222074.365.96$36,410
Dec 200922530671.445.48$17,752
Nov 200937725574.593.75$29,077
Oct 200920523772.544.11$15,845
Sep 200941422265.543.06$27,814
Aug 200940141867.423.22$28,381
Jul 200919456961.133.46$13,831
Jun 200945081066.163.90$32,927
May 20093481,12654.743.93$23,470
Apr 200932072046.773.59$17,549
Mar 20093581,97442.144.06$23,099
Feb 200941060632.814.63$16,260
Jan 2009012435.865.37$666

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 2019 — as filed, then multipliedworked
Oil                  132 bbl  × $ 53.11 =     $7,011
Casinghead gas        49 Mcf  × $  2.30 =       $113

────────────────────────────────────────────────────
Month total                                   $7,123

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/16811 is the state's own key, not one this site invented.