UNIVERSITY 43-13

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 20624District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$12.4 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
75
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
OilDisposition53,917 bbl$3,806,383
Casinghead gasProduction2,333,193 Mcf$8,552,693
Total$12,359,076

Wells on this lease (8)

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 31.1239, -101.2568. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.12221, -101.25784 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
6,999 ft
8 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.
8100.0%

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

Total depth in feet, 8 of 8 wells. Median 6,999 ft, with the middle half between 6,896 and 7,014 ft; the shallowest is 6,676 ft and the deepest 7,017 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Dec 2011 – Dec 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 2011 – Dec 2014
8 of 8 wells

8 wells

42-235359387H6,953 ftDec 2014
42-235359398H6,676 ftNov 2014
42-235352533H7,013 ftJun 2013
42-235352555H7,000 ftJun 2013
42-235352512H7,017 ftJun 2013
42-235352544H7,016 ftJun 2013
42-235352576H6,997 ftJun 2013
42-235348151H6,726 ftDec 2011

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 (75)

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

75 months

May 202609,764106.413.05$29,740
Apr 20261849,05998.932.87$44,200
Mar 202652837,79089.753.15$166,405
Feb 202653035,84663.503.75$168,089
Jan 202674341,29059.138.00$374,168
Dec 202556154,01856.664.41$270,187
Nov 202504,05258.593.93$15,910
Oct 20253345,57859.383.30$38,267
Sep 202554936,65162.743.08$147,216
Aug 202536634,48063.933.01$127,347
Jul 202535733,30166.743.32$134,226
Jun 202554233,55566.483.13$141,016
May 202554834,52760.553.23$144,784
Apr 202555033,71962.363.54$153,768
Mar 202555634,19767.704.27$183,605
Feb 202554829,10670.884.34$165,187
Jan 202574933,73874.324.28$200,020
Dec 202456032,26968.993.12$139,358
Nov 202454233,12969.052.20$110,257
Oct 202454334,49271.372.28$117,444
Sep 202455032,65669.612.36$115,496
Aug 202453635,51675.632.06$113,830
Jul 202454234,98579.932.15$118,421
Jun 202472436,80478.082.63$153,471
May 202471940,08078.812.20$144,778
Apr 202455438,01484.451.66$109,858
Mar 202491237,46080.301.55$131,114
Feb 202492435,21176.091.78$133,111
Jan 202475037,05173.023.30$176,947
Dec 202374135,33971.262.61$145,064
Nov 202373433,73277.892.81$151,876
Oct 202372433,31485.443.09$164,708
Sep 202354930,46089.042.74$132,192
Aug 202369529,57080.522.67$134,998
Jul 202336229,11874.852.64$104,020
Jun 202354331,21268.962.26$107,937
May 202355248,92170.622.23$147,949
Apr 202391946,85778.122.24$176,647
Mar 202355746,87772.852.39$152,762
Feb 202392943,30675.112.47$176,556
Jan 202373445,37676.533.39$209,894
Dec 202237146,04776.415.73$292,155
Nov 202292348,84785.005.65$354,255
Oct 202273953,33187.185.86$377,146
Sep 202291449,05584.888.16$478,050
Aug 202291350,65394.529.13$548,615
Jul 202255046,839101.587.54$409,132
Jun 202291149,075115.097.98$496,328
May 202292158,748109.378.43$596,154
Apr 202290856,968104.226.84$484,156
Mar 20221,2790108.885.08$139,258
Feb 2022894091.054.86$81,399
Jan 20221,228081.844.54$100,500
Dec 20211,179071.323.90$84,086
Nov 20211,227077.435.24$95,007
Oct 20211,370079.795.71$109,312
Sep 20211,229069.865.35$85,858
Aug 20211,085066.024.22$71,632
Jul 20211,462070.783.98$103,480
Jun 2021545069.493.38$37,872
May 2021557063.483.02$35,358
Apr 20211,669060.362.76$100,741
Mar 2021744061.302.72$45,607
Feb 2021748057.805.55$43,234
Jan 202156341,60450.412.81$145,299
Dec 202074341,74644.642.68$144,857
Nov 202054840,83138.772.71$131,758
Oct 202073642,02836.972.48$131,373
Sep 202036540,17737.091.99$93,532
Aug 202054141,12039.982.39$119,704
Jul 202053040,60538.371.83$94,445
Jun 202051438,77634.901.69$83,482
May 202073649,26916.921.81$101,864
Apr 20201,47058,36514.751.80$126,995
Mar 20201,26556,68930.341.86$143,608

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                    0 bbl  × $106.41 =         $0
Casinghead gas     9,764 Mcf  × $  3.05 =    $29,740

────────────────────────────────────────────────────
Month total                                  $29,740

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/20624 is the state's own key, not one this site invented.