UNIVERSITY 47-4W

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 20632District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$8.1 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.2 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
OilDisposition61,292 bbl$4,136,206
Casinghead gasProduction1,042,239 Mcf$3,927,011
Total$8,063,217

Wells on this lease (3)

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 31.0517, -101.3318. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.05171, -101.33177 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,998 ft
3 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.
3100.0%

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 6,722 and 7,326 ft, median 6,998 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2014 – Feb 2015
3 of 3 wells

3 wells

42-105420252H6,722 ftFeb 2015
42-105420263H7,326 ftDec 2014
42-105420241H6,998 ftJun 2014

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 202603,752106.413.05$11,428
Apr 20263658,62598.932.87$60,861
Mar 202672522,12489.753.15$134,747
Feb 202654117,10863.503.75$98,514
Jan 202657218,88859.138.00$184,887
Dec 202558024,61656.664.41$141,502
Nov 202538611,30958.593.93$67,020
Oct 20251843,54659.383.30$22,645
Sep 202572420,59362.743.08$108,787
Aug 202573821,24763.933.01$111,235
Jul 202570520,90166.743.32$116,343
Jun 202556818,07966.483.13$94,325
May 202575015,29360.553.23$94,844
Apr 202556114,94562.363.54$87,936
Mar 202576220,26667.704.27$138,089
Feb 202557820,26170.884.34$128,918
Jan 202556317,26474.324.28$115,709
Dec 202472821,39768.993.12$117,013
Nov 202436513,10169.052.20$54,005
Oct 202473918,61771.372.28$95,215
Sep 202455915,67269.612.36$75,966
Aug 202455718,93175.632.06$81,192
Jul 202453819,24779.932.15$84,318
Jun 202488719,24778.082.63$119,953
May 202473520,85878.812.20$103,780
Apr 202456912,34684.451.66$68,537
Mar 202492210,92980.301.55$90,923
Feb 20249489,09776.091.78$88,359
Jan 20243628,95373.023.30$55,957
Dec 202376211,43771.262.61$84,159
Nov 202352811,65377.892.81$73,842
Oct 202356511,67985.443.09$84,330
Sep 202336312,42589.042.74$66,304
Aug 202358415,63080.522.67$88,801
Jul 202394919,66774.852.64$122,989
Jun 202396818,03868.962.26$107,492
May 202377517,83970.622.23$94,465
Apr 202358117,65278.122.24$84,889
Mar 202378816,49572.852.39$96,881
Feb 202379516,31275.112.47$99,933
Jan 202374713,97876.533.39$104,521
Dec 202258913,26876.415.73$121,019
Nov 202258716,25385.005.65$141,663
Oct 202277419,64887.185.86$182,688
Sep 202296620,19384.888.16$246,843
Aug 202296327,19294.529.13$339,208
Jul 202276621,459101.587.54$239,656
Jun 202294419,639115.097.98$265,309
May 202289922,014109.378.43$283,969
Apr 20228774,869104.226.84$124,693
Mar 20221,0317,743108.885.08$151,562
Feb 20225273,50691.054.86$65,018
Jan 20221,4281,15581.844.54$122,109
Dec 20211,0558,81371.323.90$109,606
Nov 20211,0556,38877.435.24$115,142
Oct 20211,0368,39279.795.71$130,613
Sep 20211,1746,62069.865.35$117,439
Aug 20211,4186,63566.024.22$121,620
Jul 20211,36813,90970.783.98$152,214
Jun 20218545,89369.493.38$79,266
May 20211,1866,47563.483.02$94,827
Apr 20211,5394,92660.362.76$106,482
Mar 20211,1878,19561.302.72$95,028
Feb 20218507,52657.805.55$90,884
Jan 20211,02610,29050.412.81$80,638
Dec 20209999,92844.642.68$71,157
Nov 20201,02810,81738.772.71$69,133
Oct 20201,17911,33936.972.48$71,691
Sep 202086310,72237.091.99$53,357
Aug 20201,03810,67539.982.39$66,960
Jul 20201,0778,53138.371.83$56,895
Jun 202086310,00934.901.69$47,037
May 20201,36514,86416.921.81$50,070
Apr 20201,34917,81414.751.80$52,041
Mar 20201,81616,52230.341.86$85,766

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     3,752 Mcf  × $  3.05 =    $11,428

────────────────────────────────────────────────────
Month total                                  $11,428

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/20632 is the state's own key, not one this site invented.