UNIVERSITY 43-14

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 20626District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$27.1 M
Mar 2020 – May 2026
Value, last 12 filed months
$2.4 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
OilDisposition80,538 bbl$5,695,691
Casinghead gasProduction5,411,208 Mcf$21,449,993
Total$27,145,684

Wells on this lease (6)

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 31.1316, -101.2753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.13118, -101.27550 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
7,059 ft
6 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.
6100.0%

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 7,019 and 7,100 ft, median 7,059 ft, over the 6 wells that filed a depth.

Completions filed
Oct 2013 – Nov 2013
6 of 6 wells

6 wells

42-383382906H7,059 ftNov 2013
42-383382915H7,100 ftNov 2013
42-383382944H7,067 ftOct 2013
42-383382953H7,059 ftOct 2013
42-235354152H7,019 ftOct 2013
42-235354141H7,028 ftOct 2013

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 202608,548106.413.05$26,036
Apr 202635116,81698.932.87$82,982
Mar 202672352,63389.753.15$230,654
Feb 202673249,88863.503.75$233,578
Jan 20261,12358,12859.138.00$531,306
Dec 20251,11464,91756.664.41$349,621
Nov 2025025,48558.593.93$100,065
Oct 20253657,73759.383.30$47,243
Sep 202571451,15762.743.08$202,202
Aug 202554152,21863.933.01$192,011
Jul 202590053,38266.743.32$237,038
Jun 202568350,86766.483.13$204,554
May 202585649,98860.553.23$213,408
Apr 202568347,14462.363.54$209,629
Mar 202584252,20467.704.27$279,827
Feb 20251,08348,62370.884.34$287,828
Jan 202589954,07274.324.28$298,170
Dec 20241,06652,86068.993.12$238,539
Nov 20241,07650,92569.052.20$186,253
Oct 202472553,43871.372.28$173,657
Sep 202487253,45469.612.36$187,084
Aug 202454955,34175.632.06$155,724
Jul 20241,08152,09279.932.15$198,225
Jun 202491854,31678.082.63$214,745
May 202472155,11078.812.20$177,978
Apr 20241,06554,59184.451.66$180,517
Mar 20241,09656,25080.301.55$174,922
Feb 20241,09752,17576.091.78$176,532
Jan 20241,11350,11473.023.30$246,530
Dec 202392949,31471.262.61$194,946
Nov 202393048,54277.892.81$208,722
Oct 20231,11056,35985.443.09$268,834
Sep 202373046,83989.042.74$193,106
Aug 20231,09456,69280.522.67$239,620
Jul 20231,09350,99274.852.64$216,522
Jun 20231,09249,87068.962.26$187,935
May 202372453,77270.622.23$170,901
Apr 20231,66551,07778.122.24$244,368
Mar 202392547,95172.852.39$182,141
Feb 202374143,00975.112.47$161,703
Jan 20231,48056,69976.533.39$305,345
Dec 202274949,38776.415.73$340,173
Nov 20221,29354,91785.005.65$419,977
Oct 20221,08863,08587.185.86$464,767
Sep 20221,28654,33684.888.16$552,737
Aug 20221,27756,01794.529.13$631,978
Jul 20221,45658,863101.587.54$591,850
Jun 20221,46057,822115.097.98$629,289
May 20221,45657,036109.378.43$640,230
Apr 20221,10152,527104.226.84$473,905
Mar 20221,277192,695108.885.08$1,117,237
Feb 2022928171,26891.054.86$916,658
Jan 20221,628192,55581.844.54$1,006,988
Dec 20211,767198,15471.323.90$898,649
Nov 20211,585191,72077.435.24$1,126,735
Oct 20211,555198,73179.795.71$1,259,597
Sep 20211,813196,92969.865.35$1,180,408
Aug 20211,456192,47466.024.22$908,479
Jul 20211,638184,53870.783.98$850,783
Jun 20211,665172,10469.493.38$697,519
May 20211,842197,41263.483.02$712,654
Apr 20214,803191,68260.362.76$818,649
Mar 20211,278158,63161.302.72$509,332
Feb 2021554123,60157.805.55$717,753
Jan 202156628,95950.412.81$109,915
Dec 202074529,15944.642.68$111,271
Nov 202073729,10638.772.71$107,351
Oct 202074030,10436.972.48$101,968
Sep 202055228,42637.091.99$77,071
Aug 202072527,91439.982.39$95,563
Jul 202035826,14638.371.83$61,456
Jun 202071222,63034.901.69$63,101
May 20201,09833,26716.921.81$78,949
Apr 20201,67745,49714.751.80$106,830
Mar 20202,17247,92730.341.86$154,862

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     8,548 Mcf  × $  3.05 =    $26,036

────────────────────────────────────────────────────
Month total                                  $26,036

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/20626 is the state's own key, not one this site invented.