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UNIVERSITY 3-67 PU

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19258District 7CField 85279201OilCasinghead gasSaveExport
Value, all time
$51.1 M
Feb 2016 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
124
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC field

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 721 leases and 1,413 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 2024-02-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 02/01/2024.”

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
OilDisposition823,148 bbl$43,240,576
Casinghead gasProduction2,609,467 Mcf$7,895,466
Total$51,136,042

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 31.3038, -101.7794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.30385, -101.77938 · 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
8,620 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 8,618 and 8,621 ft, median 8,620 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2016 – Mar 2016
2 of 2 wells

2 wells

42-461402281H8,618 ftMar 2016——
42-461402272H8,621 ftFeb 2016——

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 (124)

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

124 months

May 20262,73717,626106.413.05$344,930
Apr 20261,95612,39498.932.87$229,074
Mar 20262,03110,90789.753.15$216,633
Feb 20263,25714,12563.503.75$259,793
Jan 20262,09211,49259.138.00$215,612
Dec 20253,27313,41056.664.41$244,631
Nov 20251,8382,34058.593.93$116,876
Oct 20252,4851,55159.383.30$152,685
Sep 20252,26434,20262.743.08$247,280
Aug 20252,2461,44063.933.01$147,928
Jul 20252,8701,38366.743.32$196,129
Jun 20251,8207,33266.483.13$143,933
May 20252,4998,05560.553.23$177,351
Apr 20252,9177,57262.363.54$208,733
Mar 20252,4474,86367.704.27$186,419
Feb 20255162,41570.884.34$47,057
Jan 202502,27974.324.28$9,751
Dec 202436068.993.12$2,484
Nov 202441787869.052.20$30,724
Oct 20247553,83071.372.28$62,622
Sep 202475910,35869.612.36$77,324
Aug 20241,91119,01075.632.06$183,759
Jul 20241,43817,54979.932.15$152,610
Jun 20241,92014,76878.082.63$188,812
May 20242,25610,84478.812.20$201,635
Apr 20242,94815,50184.451.66$274,678
Mar 20243,13015,30680.301.55$274,989
Feb 20242,9929,71276.091.78$244,984
Jan 20242,7407,96273.023.30$226,331
Dec 20233,59710,94671.262.61$284,899
Nov 20233,7798,93577.892.81$319,432
Oct 20234,6077,62185.443.09$417,150
Sep 20232,4493,00489.042.74$226,275
Aug 20232,7442,20480.522.67$226,838
Jul 20233,3174,73774.852.64$260,792
Jun 20233,1443,85768.962.26$225,521
May 20233,8774,17870.622.23$283,100
Apr 20233,6253,49978.122.24$291,015
Mar 20233,7063,07772.852.39$277,346
Feb 20233,2132,83575.112.47$248,319
Jan 20233,3262,43576.533.39$262,788
Dec 20223,3012,79576.415.73$268,242
Nov 20222,8322,18785.005.65$253,068
Oct 20222,9103,67687.185.86$275,249
Sep 20222,8483,89284.888.16$273,511
Aug 20221,4123,74594.529.13$167,643
Jul 20225071,645101.587.54$63,908
Jun 20225501,526115.097.98$75,473
May 20221,1835,319109.378.43$174,240
Apr 20223,20319,843104.226.84$469,495
Mar 20223,37613,438108.885.08$435,796
Feb 20223,80212,80091.054.86$408,365
Jan 20223,93214,61081.844.54$388,090
Dec 20214,20312,13071.323.90$347,054
Nov 20214,07913,30477.435.24$385,508
Oct 20214,06015,78279.795.71$414,124
Sep 20214,67417,40069.865.35$419,632
Aug 20214,53318,07766.024.22$375,564
Jul 20213,90418,70670.783.98$350,814
Jun 20215,68217,37269.493.38$453,570
May 20215,33020,45463.483.02$400,072
Apr 20214,62818,21560.362.76$329,591
Mar 20214,92610,75161.302.72$331,174
Feb 20212,69310,77857.805.55$215,451
Jan 20213,62312,21250.412.81$216,954
Dec 20203,79617,75944.642.68$216,967
Nov 20204,38225,52638.772.71$238,978
Oct 20204,78329,64736.972.48$250,306
Sep 20204,89528,61837.091.99$238,535
Aug 20204,74331,10539.982.39$263,814
Jul 20203,67927,18038.371.83$190,770
Jun 20204,32328,65334.901.69$199,305
May 20205,01927,84416.921.81$135,451
Apr 20204,76722,96014.751.80$111,742
Mar 20205,33122,16730.341.86$202,890
Feb 20204,95916,87049.881.98$280,769
Jan 20205,38219,28357.252.09$348,512
Dec 20195,59822,49659.012.30$382,177
Nov 20195,40226,99655.302.75$372,989
Oct 20195,56930,42353.472.42$371,354
Sep 20195,31726,38555.052.66$362,813
Aug 20196,04425,38753.112.30$379,498
Jul 20195,94920,49056.272.46$385,157
Jun 20195,69021,82152.782.49$354,679
May 20196,07727,82158.482.74$431,621
Apr 20195,82129,12662.632.75$444,686
Mar 20196,26026,32856.803.06$436,187
Feb 20195,76127,67950.852.79$370,233
Jan 20196,30428,22646.033.23$381,292
Dec 20185,98629,12846.594.19$400,801
Nov 20186,31034,23052.934.24$479,029
Oct 20186,99633,31361.443.40$543,034
Sep 20186,38133,87659.543.11$485,211
Aug 20187,20135,45459.403.07$536,461
Jul 20187,25540,67565.142.93$591,845
Jun 20187,02427,89860.183.08$508,544
May 20187,28736,89765.382.90$583,455
Apr 20187,66735,11763.842.90$591,329
Mar 20188,26342,97661.222.79$625,628
Feb 20188,08935,47361.782.77$597,861
Jan 20188,95237,09362.874.01$711,530
Dec 20178,47831,57357.272.92$577,776
Nov 20179,03934,88855.423.12$609,735
Oct 20179,83337,54949.292.98$596,703
Sep 201710,15530,08047.523.09$575,431
Aug 201710,01446,72645.373.00$594,719
Jul 201711,14845,07943.873.09$628,234
Jun 201711,76145,51642.493.09$640,246
May 201712,80739,49345.373.26$709,935
Apr 201713,12541,90247.933.21$763,654
Mar 201714,73645,87746.772.98$826,085
Feb 201712,37836,34150.452.95$731,771
Jan 201714,81748,39949.413.42$897,574
Dec 201616,44640,46248.763.72$952,540
Nov 201618,25357,45842.492.64$927,509
Oct 201618,66531,40546.193.09$959,186
Sep 201621,78652,07841.553.10$1,066,683
Aug 201626,56360,04741.442.92$1,276,369
Jul 201631,58960,55241.622.92$1,491,809
Jun 201629,84542,39645.352.69$1,467,339
May 201637,62947,43042.521.99$1,694,420
Apr 201643,39951,54936.561.99$1,689,304
Mar 201645,29542,57433.011.79$1,571,566
Feb 201608426.472.06$173

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                2,737 bbl  × $106.41 =   $291,244
Casinghead gas    17,626 Mcf  × $  3.05 =    $53,686

────────────────────────────────────────────────────
Month total                                 $344,930

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/19258 is the state's own key, not one this site invented.