UNIVERSITY "3-15A"

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 17188District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.1 M
Apr 2010 – Jan 2015
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
58
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
OilDisposition10,966 bbl$938,830
Casinghead gasProduction31,220 Mcf$125,633
Total$1,064,463

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 31.2736, -101.8395. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27360, -101.83954 · 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
10,289 ft
1 wells filed one
Completion to plug
2.8 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 10,289 ft.

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

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46136440110,289 ftMay 2016Mar 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 (58)

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

58 months

Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201415639786.164.05$15,047
Aug 201412842889.394.04$13,169
Jul 201411132096.564.18$12,056
Jun 201412036598.164.74$13,508
May 201410537894.734.73$11,733
Apr 20148737095.944.81$10,126
Mar 201412535895.895.06$13,797
Feb 201411231197.406.19$12,835
Jan 201411431290.404.86$11,822
Dec 201314430991.824.35$14,568
Nov 201311129988.853.74$10,980
Oct 201311242497.423.78$12,513
Sep 2013124341104.113.72$14,177
Aug 201389416104.253.52$10,744
Jul 201380293102.523.72$9,291
Jun 20137622494.403.93$8,055
May 20133621094.834.15$4,285
Apr 2013912793.964.28$1,390
Mar 20134521193.623.91$5,039
Feb 20138846791.233.42$9,625
Jan 20139121391.603.42$9,064
Dec 20127223486.773.42$7,048
Nov 20128727086.953.62$8,543
Oct 20129236789.383.40$9,471
Sep 20124225094.672.92$4,706
Aug 20128529692.662.91$8,737
Jul 201211034285.133.02$10,397
Jun 201214137479.822.52$12,197
May 201216334391.612.49$15,786
Apr 2012173406101.652.00$18,396
Mar 2012172483105.052.22$19,142
Feb 2012119356101.102.57$12,946
Jan 201214443398.092.73$15,309
Dec 201119254496.873.24$20,361
Nov 201120180595.723.31$21,905
Oct 201120497984.983.65$20,908
Sep 201120266983.623.99$19,558
Aug 201127689383.404.15$26,724
Jul 201126677394.144.52$28,533
Jun 201123578992.904.64$25,492
May 201129280898.134.40$32,213
Apr 20112731,159105.964.33$33,949
Mar 201131679996.364.06$33,692
Feb 201124872985.644.18$24,286
Jan 201133368886.504.59$31,962
Dec 201030882185.734.35$29,974
Nov 201043787880.843.80$38,659
Oct 20104921,13578.103.51$42,408
Sep 20104991,13072.633.98$40,739
Aug 20105931,42573.684.42$49,990
Jul 20106741,53672.554.74$56,174
Jun 20109051,99870.364.91$73,487
May 20105571,60971.124.24$46,428
Apr 2010012681.694.12$519

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.

Sep 2014 — as filed, then multipliedworked
Oil                  156 bbl  × $ 86.16 =    $13,441
Casinghead gas       397 Mcf  × $  4.05 =     $1,606

────────────────────────────────────────────────────
Month total                                  $15,047

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/17188 is the state's own key, not one this site invented.