UNIVERSITY 18-58

Operated by SEM OPERATING COMPANY LLC (P-5 766370) 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 18381District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$6.2 M
Nov 2013 – May 2026
Value, last 12 filed months
$389 k
at the published price for each month
Months reported
151
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
OilDisposition80,989 bbl$5,449,682
Casinghead gasProduction196,613 Mcf$706,848
Total$6,156,530

Wells on this lease (2)

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 31.3169, -101.7174. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.31694, -101.71743 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,074 ft
2 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.
2100.0%

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

Between 10,407 and 11,741 ft, median 11,074 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2013 – May 2014
2 of 2 wells

2 wells

42-38338636210,407 ftMay 2014
42-38338352111,741 ftNov 2013

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 (151)

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

151 months

May 2026349487106.413.05$38,620
Apr 202652815798.932.87$52,686
Mar 202635849689.753.15$33,693
Feb 202617821263.503.75$12,098
Jan 202617536259.138.00$13,243
Dec 2025027256.664.41$1,200
Nov 20255301,86458.593.93$38,372
Oct 20253501,94959.383.30$27,224
Sep 20257021,99162.743.08$50,170
Aug 20257002,33163.933.01$51,778
Jul 20253481,76866.743.32$29,087
Jun 20255531,35366.483.13$40,997
May 20253591,26560.553.23$25,826
Apr 20257261,03462.363.54$48,937
Mar 202536245167.704.27$26,432
Feb 2025098770.884.34$4,284
Jan 20251794,36574.324.28$31,980
Dec 20245045,34368.993.12$51,448
Nov 202404,48469.052.20$9,858
Oct 20247064,05071.372.28$59,627
Sep 20241774,91569.612.36$23,942
Aug 20241813,47375.632.06$20,856
Jul 20241814,28479.932.15$23,663
Jun 20241821,68378.082.63$18,644
May 2024059578.812.20$1,308
Apr 202417170084.451.66$15,602
Mar 202418374680.301.55$15,848
Feb 2024045676.091.78$813
Jan 202417341673.023.30$14,004
Dec 2023020671.262.61$538
Nov 2023081477.892.81$2,285
Oct 202318040385.443.09$16,623
Sep 2023060289.042.74$1,646
Aug 202317958980.522.67$15,987
Jul 2023076774.852.64$2,026
Jun 202318195168.962.26$14,630
May 20231741,76870.622.23$16,226
Apr 20233462,33078.122.24$32,244
Mar 202301,05472.852.39$2,522
Feb 20233541,93675.112.47$31,363
Jan 20233693,04376.533.39$38,548
Dec 20227303,23576.415.73$74,313
Nov 20223532,23485.005.65$42,619
Oct 202217847087.185.86$18,274
Sep 20225222,22984.888.16$62,504
Aug 20227134,16894.529.13$105,435
Jul 20223491,669101.587.54$48,039
Jun 2022170568115.097.98$24,096
May 20221,0572,982109.378.43$140,751
Apr 20221,0452,213104.226.84$124,042
Mar 20221,0352,509108.885.08$125,427
Feb 20221,4061,81391.054.86$136,825
Jan 20221,7431,54181.844.54$149,640
Dec 20211,03672071.323.90$76,695
Nov 20211,03179877.435.24$84,009
Oct 20211,02158679.795.71$84,814
Sep 20216993469.865.35$49,014
Aug 20213,7622,42766.024.22$258,611
Jul 202153658170.783.98$40,252
Jun 20211,0131,00869.493.38$73,801
May 20211,0421,01463.483.02$69,206
Apr 20211,04078560.362.76$64,940
Mar 20211,00752361.302.72$63,150
Feb 202166548757.805.55$41,139
Jan 202168434450.412.81$35,447
Dec 202002644.642.68$70
Nov 202003938.772.71$106
Oct 202016335736.972.48$6,911
Sep 202032758937.091.99$13,301
Aug 2020057339.982.39$1,367
Jul 2020053638.371.83$978
Jun 202014354134.901.69$5,905
May 2020039016.921.81$708
Apr 202051761214.751.80$8,730
Mar 2020066430.341.86$1,233
Feb 202035862749.881.98$19,099
Jan 2020073757.252.09$1,544
Dec 20193381,30059.012.30$22,941
Nov 20195001,58155.302.75$31,999
Oct 20193321,34253.472.42$20,998
Sep 2019013155.052.66$348
Aug 20191719653.112.30$9,303
Jul 201933838656.272.46$19,969
Jun 201949763452.782.49$27,811
May 201917351158.482.74$11,517
Apr 201936840262.632.75$24,154
Mar 20193604456.803.06$20,583
Feb 201937432750.852.79$19,931
Jan 201937345346.033.23$18,632
Dec 201834733446.594.19$17,565
Nov 201834939252.934.24$20,134
Oct 201836736861.443.40$23,799
Sep 20183641,28659.543.11$25,669
Aug 20183621,24659.403.07$25,324
Jul 201837392165.142.93$26,997
Jun 20183372060.183.08$20,342
May 20185261765.382.90$34,439
Apr 20181842463.842.90$11,816
Mar 201851813761.222.79$32,094
Feb 201835916061.782.77$22,622
Jan 201835632362.874.01$23,677
Dec 20176522657.272.92$37,416
Nov 201717816455.423.12$10,376
Oct 20175291,07549.292.98$29,282
Sep 20177001,06147.523.09$36,540
Aug 20173451,17145.373.00$19,171
Jul 20171741,15843.873.09$11,208
Jun 20175251,19942.493.09$26,009
May 20175271,19845.373.26$27,820
Apr 20177041,27647.933.21$37,841
Mar 20171761,00346.772.98$11,224
Feb 201734873850.452.95$19,736
Jan 201736054049.413.42$19,634
Dec 20163461,41348.763.72$22,131
Nov 20167102,35842.492.64$36,403
Oct 20166992,32046.193.09$39,456
Sep 201652956041.553.10$23,716
Aug 20165161,08641.442.92$24,559
Jul 20165191,05441.622.92$24,683
Jun 20165212,44245.352.69$30,186
May 20168513,39942.521.99$42,952
Apr 20163441,57036.561.99$15,703
Mar 20161,0302,20033.011.79$37,947
Feb 20165031,64026.472.06$16,699
Jan 20166961,02427.352.36$21,457
Dec 20158641,41632.362.00$30,793
Nov 201551769838.792.17$21,567
Oct 201537443443.552.43$17,341
Sep 20159201,93642.992.76$44,891
Aug 20155491,54740.162.87$26,492
Jul 20159171,63248.152.95$48,960
Jun 201572193456.152.88$43,177
May 20151,3081,76655.212.96$77,434
Apr 201537962449.822.71$20,571
Mar 20159481,39842.892.93$44,762
Feb 20151,1462,08944.662.98$57,398
Jan 201538189443.433.10$19,319
Dec 20141,35992954.693.59$77,660
Nov 201476489270.464.25$57,624
Oct 20149333,14478.303.90$85,319
Sep 20149513,39686.164.05$95,676
Aug 20141,7123,99889.394.04$169,168
Jul 20141,5043,57196.564.18$160,152
Jun 20141,4794,25798.164.74$165,344
May 20141,8703,02694.734.73$191,448
Apr 20141,28573795.944.81$126,827
Mar 201473418395.895.06$71,309
Feb 201436962297.406.19$39,792
Jan 20149281,71690.404.86$92,232
Dec 20131,7982,08791.824.35$174,180
Nov 201354899688.853.74$52,413

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                  349 bbl  × $106.41 =    $37,137
Casinghead gas       487 Mcf  × $  3.05 =     $1,483

────────────────────────────────────────────────────
Month total                                  $38,620

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/18381 is the state's own key, not one this site invented.