UNIVERSITY OWENS 1-6

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) 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 20094District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$16.0 M
Jun 2018 – May 2026
Value, last 12 filed months
$323 k
at the published price for each month
Months reported
96
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
OilDisposition176,942 bbl$10,420,077
Casinghead gasProduction1,571,246 Mcf$5,594,509
Total$16,014,586

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 31.1604, -101.3152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.16041, -101.31521 · 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
6,795 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 6,795 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-383401331HB6,795 ftJun 2018

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 (96)

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

96 months

May 202669170106.413.05$7,860
Apr 2026483,77298.932.87$15,573
Mar 20261286,40789.753.15$31,666
Feb 20261244,45663.503.75$24,585
Jan 20261093,68159.138.00$35,886
Dec 20253414,69256.664.41$40,029
Nov 2025996,61758.593.93$31,782
Oct 2025766,04259.383.30$24,481
Sep 20251054,18862.743.08$19,474
Aug 20252844,21863.933.01$30,872
Jul 20252264,43566.743.32$29,786
Jun 20252694,11866.483.13$30,767
May 20253324,95960.553.23$36,132
Apr 20254346,91962.363.54$51,579
Mar 20256608,32867.704.27$80,229
Feb 20254306,20970.884.34$57,431
Jan 20254766,12374.324.28$61,575
Dec 20244618,36968.993.12$57,927
Nov 20247018,10569.052.20$66,222
Oct 20245398,47271.372.28$57,796
Sep 202451012,64269.612.36$65,391
Aug 20244859,34475.632.06$55,963
Jul 202461812,39079.932.15$75,993
Jun 202490315,09378.082.63$110,261
May 202463712,73778.812.20$78,204
Apr 202473115,06884.451.66$86,734
Mar 202472415,63480.301.55$82,294
Feb 202495115,30476.091.78$99,658
Jan 202472715,20673.023.30$103,230
Dec 202360715,26571.262.61$83,107
Nov 202358912,27277.892.81$80,332
Oct 202380514,11385.443.09$112,350
Sep 202379016,72389.042.74$116,080
Aug 202390817,18980.522.67$119,056
Jul 202379221,11074.852.64$115,050
Jun 202377412,83068.962.26$82,351
May 202369319,12370.622.23$91,534
Apr 202383217,93678.122.24$105,132
Mar 202395218,62472.852.39$113,923
Feb 202369416,71675.112.47$93,343
Jan 202351616,67776.533.39$95,986
Dec 202277018,06176.415.73$162,309
Nov 202247618,91885.005.65$147,275
Oct 202270620,58787.185.86$182,266
Sep 202272220,95484.888.16$232,345
Aug 202282621,67494.529.13$275,896
Jul 202289121,492101.587.54$252,602
Jun 202276122,155115.097.98$264,318
May 202244919,829109.378.43$216,326
Apr 202259921,872104.226.84$211,980
Mar 202265121,659108.885.08$180,831
Feb 202241919,90891.054.86$134,880
Jan 202279424,24481.844.54$174,992
Dec 202184525,29171.323.90$158,878
Nov 202177225,47377.435.24$193,174
Oct 202195622,19179.795.71$203,076
Sep 20211,20822,81369.865.35$206,461
Aug 20211,72417,16666.024.22$186,269
Jul 20212,02420,98770.783.98$226,831
Jun 20211,67718,25469.493.38$178,245
May 20212,05319,91063.483.02$190,406
Apr 20212,67418,56560.362.76$212,613
Mar 20213,90814,46461.302.72$278,858
Feb 20210057.805.55$0
Jan 202101050.412.81$28
Dec 20204992,41144.642.68$28,726
Nov 20202,05219,79138.772.71$133,122
Oct 20202,34218,44436.972.48$132,296
Sep 20201,91320,41037.091.99$111,590
Aug 20202,43323,30139.982.39$152,847
Jul 20201,90422,29038.371.83$113,738
Jun 20202,22720,97634.901.69$113,178
May 20202,51021,43216.921.81$81,363
Apr 20203,12924,07714.751.80$89,597
Mar 20201,4399,28630.341.86$60,896
Feb 20202,38417,74849.881.98$154,067
Jan 20203,17719,14257.252.09$221,981
Dec 20193,22117,14659.012.30$229,582
Nov 20193,15215,06755.302.75$215,750
Oct 20195,13010,84253.472.42$300,523
Sep 20197,8314,18755.052.66$442,223
Aug 2019327053.112.30$17,367
Jul 20191,97016,96256.272.46$152,579
Jun 20193,10724,63252.782.49$225,351
May 20193,57231,16958.482.74$294,304
Apr 20193,53029,27162.632.75$301,600
Mar 20194,07433,64156.803.06$334,415
Feb 20194,01931,18850.852.79$291,450
Jan 20194,83635,15346.033.23$336,081
Dec 20185,46235,85346.594.19$404,535
Nov 20185,99534,16352.934.24$462,072
Oct 20186,89240,77461.443.40$561,998
Sep 20188,65743,68259.543.11$651,201
Aug 201817,23246,02359.403.07$1,164,713
Jul 201814,59712,20065.142.93$986,618
Jun 20182751,23260.183.08$20,340

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                   69 bbl  × $106.41 =     $7,342
Casinghead gas       170 Mcf  × $  3.05 =       $518

────────────────────────────────────────────────────
Month total                                   $7,860

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/20094 is the state's own key, not one this site invented.