UNIVERSITY 12-22

Operated by REVERENCE OPERATING LLC (P-5 703827) 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 16860District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 2009 – May 2026
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
209
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
OilDisposition32,188 bbl$2,250,354
Casinghead gasProduction66,825 Mcf$241,000
Total$2,491,354

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 31.0743, -101.5048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.07428, -101.50480 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,635 ft
1 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.
1100.0%

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 8,635 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-1054083418,635 ftJan 2009

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 (209)

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

209 months

May 202617632106.413.05$18,826
Apr 202601698.932.87$46
Mar 20261601289.753.15$14,398
Feb 2026172263.503.75$10,930
Jan 202604459.138.00$352
Dec 2025160356.664.41$9,079
Nov 20250058.593.93$0
Oct 20251694259.383.30$10,174
Sep 20250162.743.08$3
Aug 2025171063.933.01$10,932
Jul 202507266.743.32$239
Jun 20251682266.483.13$11,237
May 2025169060.553.23$10,233
Apr 20250062.363.54$0
Mar 2025170167.704.27$11,513
Feb 202506070.884.34$260
Jan 20251722974.324.28$12,907
Dec 202406868.993.12$212
Nov 20241728769.052.20$12,068
Oct 2024011571.372.28$262
Sep 2024011069.612.36$260
Aug 202415716375.632.06$12,210
Jul 202417217679.932.15$14,126
Jun 202417220778.082.63$13,975
May 202407278.812.20$158
Apr 2024025384.451.66$420
Mar 202418726180.301.55$15,419
Feb 2024021176.091.78$376
Jan 202418222973.023.30$14,045
Dec 202318025871.262.61$13,500
Nov 2023026777.892.81$750
Oct 202317625185.443.09$15,812
Sep 202316429389.042.74$15,404
Aug 2023024980.522.67$666
Jul 2023024674.852.64$650
Jun 202318222968.962.26$13,068
May 2023021170.622.23$470
Apr 202317815178.122.24$14,243
Mar 2023027572.852.39$658
Feb 202318224175.112.47$14,264
Jan 2023026376.533.39$891
Dec 202218026176.415.73$15,249
Nov 202217325985.005.65$16,167
Oct 2022028387.185.86$1,659
Sep 202218026984.888.16$17,474
Aug 2022032194.529.13$2,930
Jul 2022183298101.587.54$20,837
Jun 20220155115.097.98$1,236
May 2022179277109.378.43$21,913
Apr 20220265104.226.84$1,812
Mar 2022175235108.885.08$20,247
Feb 202218521191.054.86$17,869
Jan 2022024181.844.54$1,094
Dec 202118128371.323.90$14,012
Nov 2021028177.435.24$1,472
Oct 202117227279.795.71$15,278
Sep 2021028069.865.35$1,498
Aug 202117629366.024.22$12,856
Jul 2021029170.783.98$1,159
Jun 202117628669.493.38$13,197
May 202116328063.483.02$11,192
Apr 2021027260.362.76$750
Mar 202118728861.302.72$12,246
Feb 2021023057.805.55$1,276
Jan 202118719450.412.81$9,972
Dec 202018427344.642.68$8,944
Nov 2020026838.772.71$725
Oct 202018330236.972.48$7,514
Sep 202018022637.091.99$7,126
Aug 2020031539.982.39$751
Jul 202018532238.371.83$7,686
Jun 2020029434.901.69$497
May 202018321916.921.81$3,494
Apr 2020024914.751.80$449
Mar 202017622030.341.86$5,748
Feb 202019020249.881.98$9,877
Jan 2020017557.252.09$367
Dec 201918221959.012.30$11,244
Nov 201917925355.302.75$10,595
Oct 2019027053.472.42$653
Sep 201918228255.052.66$10,768
Aug 201917829053.112.30$10,122
Jul 2019030956.272.46$760
Jun 201917727952.782.49$10,037
May 2019012458.482.74$340
Apr 201934526862.632.75$22,345
Mar 2019025756.803.06$787
Feb 201918425550.852.79$10,068
Jan 201918626646.033.23$9,420
Dec 201818626046.594.19$9,754
Nov 2018029052.934.24$1,229
Oct 2018020961.443.40$710
Sep 201818126759.543.11$11,607
Aug 201818426259.403.07$11,733
Jul 2018027565.142.93$806
Jun 201818726360.183.08$12,063
May 2018030165.382.90$873
Apr 201818225463.842.90$12,356
Mar 201818127961.222.79$11,858
Feb 2018024361.782.77$672
Jan 201818527462.874.01$12,730
Dec 2017020357.272.92$593
Nov 201718725655.423.12$11,162
Oct 201717927249.292.98$9,634
Sep 201718526847.523.09$9,619
Aug 2017027745.373.00$832
Jul 201718125543.873.09$8,728
Jun 201718427942.493.09$8,680
May 2017029545.373.26$963
Apr 201718028647.933.21$9,546
Mar 201718732246.772.98$9,707
Feb 2017028650.452.95$844
Jan 201718132849.413.42$10,065
Dec 201618529648.763.72$10,123
Nov 201618031342.492.64$8,476
Oct 2016133846.193.09$1,091
Sep 201618231541.553.10$8,539
Aug 201618334541.442.92$8,592
Jul 2016034741.622.92$1,015
Jun 201618533445.352.69$9,287
May 201618034042.521.99$8,331
Apr 201618034236.561.99$7,262
Mar 2016034133.011.79$612
Feb 201618430926.472.06$5,508
Jan 201618532827.352.36$5,835
Dec 201518632932.362.00$6,677
Nov 201518332138.792.17$7,794
Oct 2015034543.552.43$837
Sep 201518434242.992.76$8,854
Aug 201518435540.162.87$8,409
Jul 201518335548.152.95$9,857
Jun 2015034056.152.88$980
May 201518335955.212.96$11,164
Apr 201518033449.822.71$9,872
Mar 201518033042.892.93$8,689
Feb 201518629944.662.98$9,197
Jan 201518732843.433.10$9,138
Dec 2014033654.693.59$1,207
Nov 201418232670.464.25$14,210
Oct 201418434078.303.90$15,734
Sep 201417635886.164.05$16,612
Aug 201436138789.394.04$33,831
Jul 2014032596.564.18$1,358
Jun 2014033098.164.74$1,563
May 201436437294.734.73$36,240
Apr 2014037495.944.81$1,799
Mar 201435839495.895.06$36,321
Feb 2014035597.406.19$2,198
Jan 2014038190.404.86$1,852
Dec 201335839791.824.35$34,600
Nov 201318336288.853.74$17,613
Oct 201317939497.423.78$18,927
Sep 20130339104.113.72$1,260
Aug 20130412104.253.52$1,451
Jul 2013356439102.523.72$38,129
Jun 201336942594.403.93$36,505
May 2013041794.834.15$1,730
Apr 201318035193.964.28$18,416
Mar 2013044993.623.91$1,757
Feb 201318139291.233.42$17,853
Jan 201335541091.603.42$33,920
Dec 201218538286.773.42$17,359
Nov 201218043686.953.62$17,231
Oct 2012045989.383.40$1,560
Sep 201217843794.672.92$18,127
Aug 201218336292.662.91$18,010
Jul 201218233185.133.02$16,494
Jun 201218435479.822.52$15,579
May 201218141191.612.49$17,604
Apr 2012178413101.652.00$18,918
Mar 2012368462105.052.22$39,685
Feb 2012185425101.102.57$19,796
Jan 201219045498.092.73$19,878
Dec 201118945896.873.24$19,792
Nov 201119345395.723.31$19,974
Oct 201118149984.983.65$17,202
Sep 201118051583.623.99$17,104
Aug 201118255383.404.15$17,473
Jul 201136146394.144.52$36,076
Jun 201118137992.904.64$18,573
May 201136358998.134.40$38,216
Apr 20110397105.964.33$1,720
Mar 201136624796.364.06$36,270
Feb 201118523585.644.18$16,826
Jan 201134527486.504.59$31,100
Dec 201018527285.734.35$17,043
Nov 201018150680.843.80$16,552
Oct 201030865978.103.51$26,367
Sep 201018638572.633.98$15,041
Aug 201036027373.684.42$27,731
Jul 201036266372.554.74$29,403
Jun 201036363170.364.91$28,639
May 201036062971.124.24$28,267
Apr 201036865481.694.12$32,758
Mar 201036066678.394.39$31,143
Feb 2010062873.585.44$3,418
Jan 201035865074.365.96$30,498
Dec 200936472371.445.48$29,969
Nov 200936472274.593.75$29,859
Oct 200936078172.544.11$29,325
Sep 200971584065.543.06$49,435
Aug 200935695067.423.22$27,059
Jul 200936278061.133.46$24,831
Jun 200935874466.163.90$26,583
May 200971380254.743.93$42,178
Apr 200936084546.773.59$19,869
Mar 20097261,46242.144.06$36,528
Feb 2009033432.814.63$1,547
Jan 20090035.865.37$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                  176 bbl  × $106.41 =    $18,728
Casinghead gas        32 Mcf  × $  3.05 =        $97

────────────────────────────────────────────────────
Month total                                  $18,826

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/16860 is the state's own key, not one this site invented.