UNIVERSITY 10 RE

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) in the LIN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18869District 7CField 53613750OilCasinghead gasSaveExport
Value, all time
$74.2 M
Mar 2015 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
135
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 515 leases and 2,325 wells, and the rule below applies to all of them.

Discovered
1984-10-08
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 40 acres. The field rule took effect on 2014-04-21.

The Commission's schedule remark for this field reads: PER DOCKET NO. 7C-0317412, LIN (WOLFCAMP) IS A UFT FIELD. PDD

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
OilDisposition1,001,903 bbl$54,452,004
Casinghead gasProduction5,971,001 Mcf$19,748,277
Total$74,200,281

Wells on this lease (5)

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 31.3134, -101.4704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.30907, -101.46980 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
7,502 ft
5 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.
5100.0%

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 7,217 and 8,390 ft, median 7,502 ft, over the 5 wells that filed a depth.

Completions filed
May 2015 – Sep 2016
5 of 5 wells

5 wells

42-383395970606HS7,217 ftSep 2016
42-383395950620HD8,390 ftSep 2016
42-383395960632HE7,943 ftSep 2016
42-383395980612HA7,502 ftSep 2016
42-383393140616HS7,231 ftMay 2015

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 (135)

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

135 months

May 20262,05630,255106.413.05$310,931
Apr 20262,30429,64598.932.87$313,008
Mar 20261,92128,00089.753.15$260,594
Feb 20262,11126,55063.503.75$233,620
Jan 20262,37532,56659.138.00$400,894
Dec 20252,35131,51656.664.41$272,299
Nov 20252,35832,51058.593.93$265,804
Oct 20252,37530,53759.383.30$241,947
Sep 20252,53133,11262.743.08$260,678
Aug 20252,67333,57663.933.01$272,108
Jul 20252,24430,71466.743.32$251,588
Jun 20252,28232,31466.483.13$252,809
May 20252,57635,60060.553.23$271,047
Apr 20252,62233,14362.363.54$280,938
Mar 20252,74634,59867.704.27$333,580
Feb 20252,31929,38370.884.34$291,918
Jan 20252,55431,78574.324.28$325,811
Dec 20242,55832,66768.993.12$278,442
Nov 20242,47233,39269.052.20$244,102
Oct 20243,09637,26271.372.28$305,971
Sep 20242,57235,86669.612.36$263,837
Aug 20242,61335,97075.632.06$271,850
Jul 20242,75835,52679.932.15$296,707
Jun 20242,62135,40878.082.63$297,912
May 20242,35331,71378.812.20$255,159
Apr 20243,03735,17284.451.66$314,832
Mar 20243,04134,91080.301.55$298,133
Feb 20242,59332,32176.091.78$254,950
Jan 20242,83730,72373.023.30$308,472
Dec 20233,20632,21171.262.61$312,553
Nov 20232,95132,54777.892.81$321,231
Oct 20233,22435,29785.443.09$384,430
Sep 20232,82435,21489.042.74$347,761
Aug 20233,09738,40880.522.67$352,030
Jul 20232,81838,46274.852.64$312,536
Jun 20232,49437,21668.962.26$256,038
May 20233,23641,13570.622.23$320,150
Apr 20233,18035,79678.122.24$328,524
Mar 20233,58437,34172.852.39$350,457
Feb 20233,12232,29375.112.47$314,118
Jan 20233,49538,48576.533.39$397,849
Dec 20223,75139,02476.415.73$510,186
Nov 20223,12735,41785.005.65$465,766
Oct 20223,47940,91387.185.86$543,203
Sep 20223,57141,24084.888.16$639,777
Aug 20223,64543,34694.529.13$740,151
Jul 20223,66643,333101.587.54$699,213
Jun 20223,62941,864115.097.98$751,619
May 20223,83843,081109.378.43$783,066
Apr 20223,75840,951104.226.84$671,665
Mar 20223,96845,580108.885.08$663,418
Feb 20224,12341,16191.054.86$575,394
Jan 20224,85242,73881.844.54$591,019
Dec 20213,35931,53571.323.90$362,523
Nov 20214,21635,60177.435.24$512,882
Oct 20214,39237,65779.795.71$565,605
Sep 20214,17336,81169.865.35$488,499
Aug 20214,44039,46766.024.22$459,703
Jul 20213,92434,70970.783.98$415,955
Jun 20214,02036,55869.493.38$402,939
May 20214,62839,12063.483.02$411,837
Apr 20214,86239,02660.362.76$401,120
Mar 20214,99538,45161.302.72$410,663
Feb 20213,22824,13757.805.55$320,489
Jan 20215,12243,59450.412.81$380,711
Dec 20204,80743,73544.642.68$331,596
Nov 20204,69545,25338.772.71$304,506
Oct 20205,16549,11436.972.48$312,676
Sep 20205,51148,11037.091.99$300,192
Aug 20205,74346,82939.982.39$341,297
Jul 20204,69842,10438.371.83$257,107
Jun 20204,72139,86434.901.69$232,145
May 20204,60140,87116.921.81$152,020
Apr 20205,25448,20714.751.80$164,480
Mar 20205,74951,64330.341.86$270,286
Feb 20205,50350,42049.881.98$374,355
Jan 20206,22854,82157.252.09$471,389
Dec 20196,19755,10259.012.30$492,660
Nov 20196,08054,47155.302.75$486,057
Oct 20196,41157,04953.472.42$480,771
Sep 20196,31458,67655.052.66$503,504
Aug 20196,07959,54453.112.30$460,067
Jul 20196,72864,21656.272.46$536,560
Jun 20196,94858,26152.782.49$511,855
May 20197,32058,13858.482.74$587,390
Apr 20197,28358,08062.632.75$615,895
Mar 20197,79559,96956.803.06$626,387
Feb 20197,30857,25350.852.79$531,475
Jan 20198,24262,79146.033.23$582,080
Dec 20188,68266,95646.594.19$684,735
Nov 20189,58360,13852.934.24$762,047
Oct 20187,66052,85161.443.40$650,222
Sep 20187,97658,56559.543.11$656,911
Aug 20189,79370,11559.403.07$796,716
Jul 20189,04768,97065.142.93$791,533
Jun 20188,36768,30160.183.08$713,683
May 201810,44478,79365.382.90$911,391
Apr 201810,79573,48663.842.90$902,321
Mar 201812,12482,19861.222.79$971,304
Feb 201812,35177,09961.782.77$976,310
Jan 201813,53969,16262.874.01$1,128,490
Dec 201711,80373,91357.272.92$891,896
Nov 201714,24986,25255.423.12$1,058,644
Oct 201716,21896,30149.292.98$1,086,717
Sep 201717,19979,22747.523.09$1,061,892
Aug 201715,89670,49945.373.00$933,009
Jul 201719,57490,96043.873.09$1,139,530
Jun 201719,06192,05942.493.09$1,094,114
May 201724,411103,45545.373.26$1,445,142
Apr 201721,86985,46347.933.21$1,322,654
Mar 201724,59995,14446.772.98$1,434,374
Feb 201729,345105,27350.452.95$1,791,284
Jan 201738,597127,90849.413.42$2,344,370
Dec 201654,709142,56248.763.72$3,198,345
Nov 201663,02284,05442.492.64$2,900,073
Oct 201649,02655,52346.193.09$2,436,091
Sep 201620,83518,22341.553.10$922,197
Aug 20167471,80341.442.92$36,228
Jul 20163,3308,04841.622.92$162,130
Jun 20163,4337,83845.352.69$176,738
May 20163,7128,19242.521.99$174,145
Apr 20163,6877,44536.561.99$149,620
Mar 20164,1117,36633.011.79$148,919
Feb 20163,9826,55726.472.06$118,935
Jan 20164,3996,72927.352.36$136,222
Dec 20154,5325,76132.362.00$158,186
Nov 20154,9646,16238.792.17$205,909
Oct 20154,7915,35943.552.43$221,652
Sep 20156,5099,58742.992.76$306,267
Aug 20158,25113,30040.162.87$369,564
Jul 201510,55022,58348.152.95$574,491
Jun 201514,73827,04656.152.88$905,509
May 20157,06712,80155.212.96$428,002
Apr 20150049.822.71$0
Mar 20150042.892.93$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                2,056 bbl  × $106.41 =   $218,779
Casinghead gas    30,255 Mcf  × $  3.05 =    $92,152

────────────────────────────────────────────────────
Month total                                 $310,931

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/18869 is the state's own key, not one this site invented.