UNIVERSITY W3-169E

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 20861District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$28.3 M
Aug 2019 – May 2026
Value, last 12 filed months
$2.4 M
at the published price for each month
Months reported
82
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
OilDisposition417,363 bbl$26,257,825
Casinghead gasProduction599,508 Mcf$2,058,053
Total$28,315,878

Wells on this lease (1)

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 31.2896, -101.8198. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28957, -101.81979 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,970 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 8,970 ft.

Completions filed
Apr 2020
1 of 1 wells

1 well

42-461410855H8,970 ftApr 2020

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 (82)

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

82 months

May 20263,2016,802106.413.05$361,336
Apr 20262,0844,62398.932.87$219,437
Mar 20263,1655,58889.753.15$301,658
Feb 20262,9895,31463.503.75$209,731
Jan 20262,2674,76859.138.00$172,182
Dec 20252,8055,19956.664.41$181,876
Nov 20253,1064,42058.593.93$199,335
Oct 20253,3974,66359.383.30$217,124
Sep 20251,2832,24362.743.08$87,397
Aug 20251,4372,71963.933.01$100,065
Jul 20252,8873,68566.743.32$204,895
Jun 20252,7333,11766.483.13$191,442
May 20253,3104,89260.553.23$216,233
Apr 20253,4515,02662.363.54$233,012
Mar 20252,3223,75767.704.27$173,235
Feb 20252,1843,65670.884.34$170,672
Jan 20251,7363,16674.324.28$142,566
Dec 20242,2593,77068.993.12$167,616
Nov 20242,4393,39669.052.20$175,879
Oct 20242,8514,36071.372.28$213,423
Sep 20242,8274,00269.612.36$206,250
Aug 20241,2413,19175.632.06$100,442
Jul 20241,7644,31179.932.15$150,250
Jun 20242,2813,93178.082.63$188,455
May 20243,6666,92978.812.20$304,150
Apr 20244,0017,82584.451.66$350,868
Mar 20244,1636,53080.301.55$344,379
Feb 20244,1255,55876.091.78$323,785
Jan 20244,0176,01773.023.30$313,163
Dec 20234,9086,79871.262.61$367,492
Nov 20235,7317,58877.892.81$467,691
Oct 20236,42411,44885.443.09$584,210
Sep 20236,3908,84089.042.74$593,143
Aug 20234,1527,41180.522.67$354,128
Jul 20234,6378,64174.852.64$369,907
Jun 20232,2615,06468.962.26$167,356
May 20233,9209,04970.622.23$296,986
Apr 20233,4467,13078.122.24$285,157
Mar 20233,6128,05472.852.39$282,409
Feb 20233,7538,47475.112.47$302,782
Jan 20234,5707,95176.533.39$376,678
Dec 20222,9324,47076.415.73$249,643
Nov 20222,6553,69885.005.65$246,555
Oct 20224,9276,08087.185.86$465,188
Sep 20223,0993,66884.888.16$292,988
Aug 20225,9448,97894.529.13$643,771
Jul 20226,2279,853101.587.54$706,851
Jun 20227,03010,170115.097.98$890,211
May 20226,9919,703109.378.43$846,431
Apr 20226,1637,040104.226.84$690,445
Mar 20226,1856,715108.885.08$707,511
Feb 20225,3325,35291.054.86$511,483
Jan 20224,7276,06481.844.54$414,374
Dec 20217,5409,34771.323.90$574,198
Nov 20216,8678,41177.435.24$575,759
Oct 20217,0778,06679.795.71$610,762
Sep 20217,31510,41769.865.35$566,766
Aug 20218,19311,18766.024.22$588,118
Jul 20217,8479,18670.783.98$591,990
Jun 202178970069.493.38$57,194
May 20216,7264,82563.483.02$441,527
Apr 20218,90819,18760.362.76$590,613
Mar 202111,73019,73861.302.72$772,676
Feb 20218,5358,71757.805.55$541,684
Jan 202110,97611,56350.412.81$585,795
Dec 202010,39214,22744.642.68$501,963
Nov 202012,22215,26438.772.71$515,160
Oct 202012,79315,63836.972.48$511,715
Sep 202013,38218,87937.091.99$533,927
Aug 202014,60019,96739.982.39$631,331
Jul 202013,94117,11938.371.83$566,160
Jun 202015,39221,76334.901.69$573,967
May 202017,72823,03816.921.81$341,766
Apr 202018,40320,57214.751.80$308,564
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0

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                3,201 bbl  × $106.41 =   $340,618
Casinghead gas     6,802 Mcf  × $  3.05 =    $20,718

────────────────────────────────────────────────────
Month total                                 $361,336

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/20861 is the state's own key, not one this site invented.