UNIVERSITY E2-34A

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 21060District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$32.5 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.9 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
OilDisposition353,887 bbl$27,242,269
Casinghead gasProduction1,370,472 Mcf$5,287,730
Total$32,529,999

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 31.3238, -101.7104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.32379, -101.71043 · 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
8,792 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 8,792 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-38340730101H8,792 ftJan 2021

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 20261,00817,255106.413.05$159,817
Apr 20261,11616,32398.932.87$157,248
Mar 20261,30616,72889.753.15$169,897
Feb 20261,19414,94263.503.75$131,856
Jan 20261,08916,36459.138.00$195,271
Dec 20251,19116,98056.664.41$142,421
Nov 20251,33217,76958.593.93$147,811
Oct 20251,41618,33259.383.30$144,666
Sep 20251,42419,69262.743.08$149,932
Aug 20251,54819,79263.933.01$158,632
Jul 20251,62619,76866.743.32$174,054
Jun 20251,75718,56866.483.13$174,899
May 20251,87419,59360.553.23$176,802
Apr 20251,94318,43362.363.54$186,476
Mar 20252,04717,02567.704.27$211,250
Feb 20251,85216,46170.884.34$202,724
Jan 20252,07520,08974.324.28$240,168
Dec 20242,00617,52968.993.12$193,108
Nov 20242,37720,53369.052.20$209,272
Oct 20241,95816,34071.372.28$177,021
Sep 20242,04720,45569.612.36$190,855
Aug 20242,02724,48175.632.06$203,822
Jul 20242,05322,69079.932.15$212,802
Jun 20241,76020,15978.082.63$190,519
May 20241,87123,45578.812.20$199,018
Apr 20242,00825,86484.451.66$212,489
Mar 20242,27427,94280.301.55$225,776
Feb 20242,47726,03276.091.78$234,907
Jan 20242,82527,10473.023.30$295,661
Dec 20232,88725,73971.262.61$272,925
Nov 20233,24223,56977.892.81$318,691
Oct 20233,59024,48385.443.09$382,315
Sep 20233,37424,05789.042.74$366,218
Aug 20233,77926,09980.522.67$374,045
Jul 20233,30127,25674.852.64$319,085
Jun 20233,66329,61568.962.26$319,485
May 20234,42328,70770.622.23$376,294
Apr 20234,33031,69578.122.24$409,185
Mar 20234,77932,49372.852.39$425,911
Feb 20234,86124,65475.112.47$425,899
Jan 20235,64527,48576.533.39$525,123
Dec 20225,31329,22876.415.73$573,416
Nov 20225,90332,10485.005.65$683,021
Oct 20225,71427,35187.185.86$658,526
Sep 20226,81326,25484.888.16$792,617
Aug 20227,28628,22394.529.13$946,269
Jul 202210,36327,809101.587.54$1,262,411
Jun 20228,84722,756115.097.98$1,199,730
May 202210,00929,994109.378.43$1,347,625
Apr 202210,80021,954104.226.84$1,275,689
Mar 202211,09417,449108.885.08$1,296,493
Feb 202210,32015,05591.054.86$1,012,786
Jan 202211,94614,92981.844.54$1,045,404
Dec 202111,90413,94071.323.90$903,347
Nov 202112,27213,77377.435.24$1,022,348
Oct 202111,96813,99379.795.71$1,034,881
Sep 20218,4229,60769.865.35$639,767
Aug 20211,8212,56466.024.22$131,044
Jul 202115621870.783.98$11,910
Jun 202114,45116,28169.493.38$1,059,240
May 202118,10422,51063.483.02$1,217,170
Apr 202120,34621,76060.362.76$1,288,108
Mar 202121,98227,27361.302.72$1,421,596
Feb 202117,23920,36057.805.55$1,109,370
Jan 202111,45912,53750.412.81$612,881
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$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                1,008 bbl  × $106.41 =   $107,261
Casinghead gas    17,255 Mcf  × $  3.05 =    $52,556

────────────────────────────────────────────────────
Month total                                 $159,817

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/21060 is the state's own key, not one this site invented.