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UNIVERSITY UNIT 1 RE 10 4

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 20663District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$23.7 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) 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 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
OilDisposition201,528 bbl$13,605,333
Casinghead gasProduction2,803,632 Mcf$10,064,052
Total$23,669,385

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 31.3092, -101.5022. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.30914, -101.50221 · 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
7,715 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 7,426 and 8,006 ft, median 7,715 ft, over the 6 wells that filed a depth.

Completions filed
Feb 2016 – Sep 2021
6 of 6 wells

6 wells

42-3833951138HK8,006 ftSep 2021——
42-3833962831HS7,474 ftMay 2021——
42-3833952237HA7,727 ftAug 2017——
42-3833962632HA7,702 ftAug 2017——
42-3833962533HK8,004 ftJul 2017——
42-3833952436HS7,426 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 (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 20261,5105,135106.413.05$176,319
Apr 20261,6445,49798.932.87$178,416
Mar 20262,0627,66289.753.15$209,196
Feb 20262,1546,14663.503.75$159,828
Jan 20261,1553,71259.138.00$97,983
Dec 20252,0192,40456.664.41$125,006
Nov 20251,1221,20458.593.93$70,465
Oct 202501,03959.383.30$3,434
Sep 202503,48662.743.08$10,726
Aug 202505,46563.933.01$16,476
Jul 20253939,52066.743.32$57,790
Jun 20251,66532,67466.483.13$212,917
May 20251,56432,52060.553.23$199,815
Apr 20251,84134,04062.363.54$235,413
Mar 20251,80236,85267.704.27$279,292
Feb 20251,91033,80570.884.34$282,123
Jan 20252,05436,75274.324.28$309,903
Dec 20241,95237,22768.993.12$250,868
Nov 20242,08736,04769.052.20$223,355
Oct 20242,01437,98171.372.28$230,389
Sep 20242,08939,28869.612.36$238,306
Aug 20242,14539,93175.632.06$244,629
Jul 20242,13342,54079.932.15$261,807
Jun 20242,14441,46178.082.63$276,611
May 20242,53543,54378.812.20$295,510
Apr 20242,51039,74084.451.66$277,906
Mar 20242,05741,23480.301.55$228,889
Feb 20241,98237,16676.091.78$217,101
Jan 20241,54533,86773.023.30$224,498
Dec 20232,23444,53771.262.61$275,468
Nov 20232,57847,95277.892.81$335,429
Oct 20233,03349,10285.443.09$410,731
Sep 20232,48040,22389.042.74$330,831
Aug 20231,90938,89480.522.67$257,672
Jul 20232,36742,36874.852.64$289,098
Jun 20232,41242,94968.962.26$263,331
May 20232,45945,82470.622.23$275,723
Apr 20232,66045,75778.122.24$310,192
Mar 20232,92146,74772.852.39$324,668
Feb 20232,35944,27975.112.47$286,362
Jan 20232,70840,93976.533.39$345,933
Dec 20222,97239,64276.415.73$454,203
Nov 20222,49140,17485.005.65$438,565
Oct 20222,88444,40487.185.86$511,802
Sep 20222,88144,75984.888.16$609,937
Aug 20222,85846,63194.529.13$695,747
Jul 20222,91245,463101.587.54$638,687
Jun 20222,81345,175115.097.98$684,118
May 20223,13248,016109.378.43$747,468
Apr 20223,27442,770104.226.84$633,660
Mar 20222,98842,591108.885.08$541,542
Feb 20222,90336,26891.054.86$440,539
Jan 20223,32341,60181.844.54$460,726
Dec 20213,74745,15171.323.90$443,285
Nov 20213,59944,97577.435.24$514,198
Oct 20213,71640,34979.795.71$527,049
Sep 20213,07442,01069.865.35$439,542
Aug 20213,95846,97966.024.22$459,586
Jul 20213,76745,23270.783.98$446,746
Jun 20213,39339,05769.493.38$367,816
May 20213,68140,65663.483.02$356,356
Apr 20213,94241,75660.362.76$353,120
Mar 20214,11641,37261.302.72$364,716
Feb 20212,80733,37757.805.55$347,419
Jan 20213,95251,19850.412.81$343,101
Dec 20204,18552,64844.642.68$327,676
Nov 20204,22451,34938.772.71$302,744
Oct 20203,49945,62036.972.48$242,424
Sep 20204,21651,19837.091.99$258,309
Aug 20204,41753,33539.982.39$303,801
Jul 20204,62553,10838.371.83$274,390
Jun 20204,61349,26034.901.69$244,258
May 20204,29750,23016.921.81$163,860
Apr 20204,78454,71114.751.80$169,283
Mar 20205,27755,05830.341.86$262,304

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                1,510 bbl  × $106.41 =   $160,679
Casinghead gas     5,135 Mcf  × $  3.05 =    $15,640

────────────────────────────────────────────────────
Month total                                 $176,319

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/20663 is the state's own key, not one this site invented.