UNIVERSITY 4-23

Operated by CIVITAS PERMIAN OPERATING, LLC (P-5 101577) 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 18480District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.1 M
Mar 2014 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
147
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
OilDisposition15,223 bbl$1,031,213
Casinghead gasProduction20,044 Mcf$68,476
Total$1,099,689

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 31.1630, -101.8549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.16304, -101.85493 · 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
9,894 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 9,894 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-4613818119,894 ftMar 2014

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 (147)

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

147 months

May 20261770106.413.05$18,835
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202409278.082.63$242
May 2024016778.812.20$367
Apr 2024909684.451.66$7,760
Mar 202403180.301.55$48
Feb 20248724876.091.78$7,062
Jan 20247131673.023.30$6,226
Dec 20236622471.262.61$5,288
Nov 202311721177.892.81$9,706
Oct 2023026085.443.09$803
Sep 20236423189.042.74$6,330
Aug 20230080.522.67$0
Jul 202310010274.852.64$7,754
Jun 2023589868.962.26$4,221
May 20236019270.622.23$4,665
Apr 202317221178.122.24$13,909
Mar 2023015672.852.39$373
Feb 20234915775.112.47$4,068
Jan 202310615176.533.39$8,624
Dec 20226416976.415.73$5,858
Nov 20227713985.005.65$7,330
Oct 202229020787.185.86$26,496
Sep 20229643384.888.16$11,683
Aug 202214442494.529.13$17,481
Jul 2022161574101.587.54$20,684
Jun 202269212115.097.98$9,632
May 2022860109.378.43$9,406
Apr 20225777104.226.84$6,467
Mar 2022118140108.885.08$13,559
Feb 202205591.054.86$267
Jan 202228312281.844.54$23,714
Dec 202124671.323.90$322
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20215069.865.35$349
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210869.493.38$27
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20211050.412.81$50
Dec 20200044.642.68$0
Nov 20202038.772.71$78
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202083039.982.39$3,318
Jul 20201484138.371.83$5,754
Jun 2020897134.901.69$3,226
May 202006516.921.81$118
Apr 20209016114.751.80$1,618
Mar 202019420730.341.86$6,270
Feb 20208816549.881.98$4,716
Jan 202017211357.252.09$10,084
Dec 20197429359.012.30$5,042
Nov 201913721855.302.75$8,176
Oct 20195523653.472.42$3,512
Sep 201913920355.052.66$8,191
Aug 2019511653.112.30$2,745
Jul 20191035456.272.46$5,929
Jun 201910814952.782.49$6,071
May 20194515658.482.74$3,059
Apr 201915616062.632.75$10,210
Mar 20193713956.803.06$2,527
Feb 2019715550.852.79$3,764
Jan 2019213046.033.23$9,804
Dec 20181936346.594.19$9,256
Nov 20180052.934.24$0
Oct 2018121761.443.40$7,458
Sep 2018014359.543.11$444
Aug 20186312459.403.07$4,122
Jul 20187714865.142.93$5,450
Jun 20188310260.183.08$5,309
May 201811618365.382.90$8,115
Apr 201822826263.842.90$15,316
Mar 201810219761.222.79$6,793
Feb 2018020561.782.77$567
Jan 201819928762.874.01$13,662
Dec 201711921357.272.92$7,437
Nov 201725335255.423.12$15,119
Oct 20177936749.292.98$4,989
Sep 20179221747.523.09$5,042
Aug 20174023845.373.00$2,530
Jul 201712825743.873.09$6,409
Jun 20179129142.493.09$4,765
May 201713637145.373.26$7,381
Apr 20173134647.933.21$2,597
Mar 2017014946.772.98$445
Feb 201733050.452.95$1,665
Jan 20171858849.413.42$9,442
Dec 2016036548.763.72$1,359
Nov 20167325242.492.64$3,768
Oct 20162929546.193.09$2,251
Sep 201610430241.553.10$5,258
Aug 201622240141.442.92$10,372
Jul 201629529841.622.92$13,149
Jun 201616627745.352.69$8,272
May 201628042.521.99$1,191
Apr 2016868036.561.99$3,303
Mar 201613637133.011.79$5,155
Feb 201615032326.472.06$4,637
Jan 201612025127.352.36$3,875
Dec 20155523632.362.00$2,252
Nov 201521620538.792.17$8,823
Oct 20153515943.552.43$1,910
Sep 201513413942.992.76$6,144
Aug 20159535140.162.87$4,823
Jul 201519728948.152.95$10,337
Jun 20158432656.152.88$5,656
May 201545125155.212.96$25,642
Apr 201518528049.822.71$9,975
Mar 201533634542.892.93$15,424
Feb 2015420944.662.98$801
Jan 201534824843.433.10$15,883
Dec 2014041054.693.59$1,472
Nov 201434210870.464.25$24,557
Oct 20145432378.303.90$42,607
Sep 2014488086.164.05$42,046
Aug 2014172089.394.04$15,375
Jul 201455212696.564.18$53,828
Jun 20147253398.164.74$71,322
May 201455411994.734.73$53,043
Apr 20141,09512195.944.81$105,636
Mar 201410919095.895.06$11,413

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                  177 bbl  × $106.41 =    $18,835
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,835

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/18480 is the state's own key, not one this site invented.