UNIVERSITY '3-22A'

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 17747District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$984 k
Oct 2011 – Mar 2015
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
42
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
OilDisposition9,679 bbl$919,249
Casinghead gasProduction20,158 Mcf$64,294
Total$983,543

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 31.2520, -101.8359. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.25367, -101.83594 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
10,912 ft
3 wells filed one
Completion to plug
6 months
median over 2 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 10,893 and 10,914 ft, median 10,912 ft, over the 3 wells that filed a depth.

Completions filed
Oct 2011 – Apr 2019
3 of 3 wells
Plug dates filed
Jul 2012 – Jun 2019
2 of 3 wells; 1 filed none

Last completion to plug: a median of 6 months across the 2 wells that filed both dates, with the middle half between 4 months and 7 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-46137573110,893 ftApr 2019Jun 2019Yes
42-461382632R10,912 ftOct 2012
42-46137576210,914 ftOct 2011Jul 2012Yes

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 (42)

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

42 months

Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201413039886.164.05$12,811
Aug 20149441889.394.04$10,089
Jul 20147543496.564.18$9,056
Jun 201410046498.164.74$12,014
May 201416623894.734.73$16,850
Apr 201411511695.944.81$11,591
Mar 201418711195.895.06$18,493
Feb 201418410797.406.19$18,584
Jan 201423313990.404.86$21,739
Dec 201324113591.824.35$22,716
Nov 20131529888.853.74$13,872
Oct 201323614697.423.78$23,543
Sep 2013222178104.113.72$23,774
Aug 2013196164104.253.52$21,011
Jul 2013212362102.523.72$23,080
Jun 201319060494.403.93$20,312
May 201310924094.834.15$11,332
Apr 201326495293.964.28$28,882
Mar 201331367493.623.91$31,940
Feb 201334587791.233.42$34,474
Jan 201338092591.603.42$37,971
Dec 201222955186.773.42$21,755
Nov 201238379886.953.62$36,195
Oct 201232265589.383.40$31,007
Sep 201231275594.672.92$31,740
Aug 201241978192.662.91$41,096
Jul 201234495485.133.02$32,167
Jun 201239486079.822.52$33,615
May 201241794691.612.49$40,555
Apr 20124621,271101.652.00$49,500
Mar 20128342,272105.052.22$92,660
Feb 20121,1072,044101.102.57$117,171
Jan 201231249198.092.73$31,947
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$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.

Sep 2014 — as filed, then multipliedworked
Oil                  130 bbl  × $ 86.16 =    $11,201
Casinghead gas       398 Mcf  × $  4.05 =     $1,610

────────────────────────────────────────────────────
Month total                                  $12,811

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/17747 is the state's own key, not one this site invented.