UNIVERSITY 9-31

Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20684District 7CField 85279201OilCasinghead gasSave
Value, all time
$79.1 M
Mar 2020 – May 2026
Value, last 12 filed months
$8.6 M
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition974,810 bbl$66,073,481
Casinghead gasProduction3,397,970 Mcf$12,997,870
Total$79,071,351

Wells on this lease (13)

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 31.2438, -101.5765. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.0 miles.

31.22969, -101.57731 · 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 13 wells
With a plug date
0.0%
0 of 13 wells
Median depth
8,218 ft
13 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.
13100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 13 of 13 wells. Median 8,218 ft, with the middle half between 7,956 and 8,310 ft; the shallowest is 7,643 ft and the deepest 8,585 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

10s
20s

Last completion by decade, 13 of 13 wells, Sep 2012 – Oct 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 2012 – Oct 2023
13 of 13 wells

13 wells

42-383380847H8,247 ftOct 2023
42-383380869H7,837 ftSep 2023
42-383384048HR7,956 ftAug 2023
42-383373741H8,310 ftNov 2022
42-383404780628HK8,546 ftAug 2021
42-383404760633HK8,585 ftMar 2021
42-383404770632HA8,174 ftJun 2019
42-3833990810H7,643 ftDec 2017
42-383380814H8,218 ftJan 2014
42-383380825H8,213 ftNov 2013
42-383380836H8,459 ftMay 2013
42-383379103H8,220 ftOct 2012
42-383378702H7,876 ftSep 2012

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 20268,07942,181106.413.05$988,163
Apr 20267,54639,77498.932.87$860,666
Mar 20268,04541,33489.753.15$852,218
Feb 20267,60936,43363.503.75$619,807
Jan 20267,04838,00459.138.00$720,701
Dec 20258,24141,96156.664.41$652,124
Nov 20258,34936,50758.593.93$632,510
Oct 20258,64340,39159.383.30$646,707
Sep 20258,49038,53062.743.08$651,216
Aug 20257,55535,18463.933.01$589,062
Jul 20257,94732,72466.743.32$638,869
Jun 20259,62129,38166.483.13$731,529
May 20258,03033,84460.553.23$595,611
Apr 20259,01033,09662.363.54$679,127
Mar 20257,70233,97567.704.27$666,442
Feb 20257,50426,91970.884.34$648,735
Jan 20258,86632,91674.324.28$799,758
Dec 20249,59637,67168.993.12$779,613
Nov 20249,39239,10369.052.20$734,483
Oct 20249,68838,75071.372.28$779,837
Sep 20249,18239,81669.612.36$733,298
Aug 20249,89043,35675.632.06$837,451
Jul 20249,36241,86079.932.15$838,161
Jun 20249,67545,05378.082.63$874,093
May 202410,09044,25378.812.20$892,480
Apr 202410,48844,31984.451.66$959,246
Mar 202411,07843,50780.301.55$956,787
Feb 202410,96741,57076.091.78$908,625
Jan 202410,05037,20573.023.30$856,540
Dec 202310,56334,52371.262.61$842,849
Nov 202311,05242,08377.892.81$978,991
Oct 202311,93040,91485.443.09$1,145,612
Sep 202312,37533,39189.042.74$1,193,196
Aug 20239,31425,49880.522.67$818,116
Jul 202310,72232,41174.852.64$888,165
Jun 20239,98633,81668.962.26$765,007
May 202310,86133,85170.622.23$842,404
Apr 202311,91241,68978.122.24$1,023,855
Mar 202311,43543,25272.852.39$936,549
Feb 202311,31130,59575.112.47$925,007
Jan 202313,14235,00276.533.39$1,124,334
Dec 202210,18435,32776.415.73$980,551
Nov 202212,11841,39885.005.65$1,263,771
Oct 202212,98448,71687.185.86$1,417,604
Sep 202213,22351,98084.888.16$1,546,716
Aug 202213,85945,34894.529.13$1,723,851
Jul 202213,61046,940101.587.54$1,736,529
Jun 202214,17446,501115.097.98$2,002,233
May 202215,88047,177109.378.43$2,134,641
Apr 202214,524104,887104.226.84$2,230,867
Mar 202217,58365,965108.885.08$2,249,302
Feb 202213,73345,77991.054.86$1,472,822
Jan 202216,09156,54381.844.54$1,573,461
Dec 202118,43665,47771.323.90$1,570,158
Nov 202117,70455,13777.435.24$1,659,565
Oct 202121,40756,56479.795.71$2,031,264
Sep 202120,58840,50769.865.35$1,655,027
Aug 202120,24242,15466.024.22$1,514,292
Jul 202119,240207,73770.783.98$2,189,033
Jun 202120,156159,88869.493.38$1,941,161
May 202121,396119,86363.483.02$1,719,925
Apr 202123,97685,86360.362.76$1,684,038
Mar 202112,54415,56261.302.72$811,228
Feb 20219,66944,56557.805.55$806,113
Jan 202114,62921,12850.412.81$796,823
Dec 202015,09820,91044.642.68$729,919
Nov 202015,95025,64738.772.71$687,797
Oct 202015,31825,04336.972.48$628,374
Sep 202015,04524,56037.091.99$606,919
Aug 202014,04324,54039.982.39$619,969
Jul 202018,81433,53938.371.83$783,106
Jun 202021,26736,72034.901.69$804,286
May 202022,68236,88616.921.81$450,718
Apr 202026,77645,69414.751.80$477,395
Mar 202029,52136,78330.341.86$963,945

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                8,079 bbl  × $106.41 =   $859,686
Casinghead gas    42,181 Mcf  × $  3.05 =   $128,477

────────────────────────────────────────────────────
Month total                                 $988,163

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/20684 is the state's own key, not one this site invented.