UNIVERSITY 3-15B

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 21114District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$26.9 M
Jan 2019 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
89
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
OilDisposition375,636 bbl$22,930,178
Casinghead gasProduction1,168,713 Mcf$3,957,128
Total$26,887,305

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 31.2462, -101.8382. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24619, -101.83817 · 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
9,007 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 9,007 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-46140895102H9,007 ftJan 2019

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 (89)

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

89 months

May 20261,66412,876106.413.05$216,284
Apr 20261,2168,54898.932.87$144,829
Mar 20262,11511,70289.753.15$226,676
Feb 20262,14611,70163.503.75$180,153
Jan 20261,74711,42559.138.00$194,676
Dec 20251,94412,51056.664.41$165,358
Nov 20251,60310,70458.593.93$135,948
Oct 20251,4638,37559.383.30$114,551
Sep 20251,6027,50262.743.08$123,593
Aug 20251,2766,77063.933.01$101,985
Jul 20251,8398,57666.743.32$151,166
Jun 20251,5625,92066.483.13$122,364
May 20251,7007,76060.553.23$128,018
Apr 20251,8667,46662.363.54$142,817
Mar 20251,4766,66067.704.27$128,352
Feb 20259986,74170.884.34$100,000
Jan 20255981,52174.324.28$50,951
Dec 20243651,82668.993.12$30,881
Nov 20241,18512,45169.052.20$109,197
Oct 20241,27615,15171.372.28$125,634
Sep 20241,30014,16269.612.36$123,977
Aug 20241,73114,91275.632.06$161,688
Jul 20241,56313,18179.932.15$153,225
Jun 20242,20114,07178.082.63$208,917
May 20241,91015,87478.812.20$185,425
Apr 20242,01413,32884.451.66$192,196
Mar 20242,36814,69480.301.55$212,855
Feb 20242,18713,10476.091.78$189,782
Jan 20242,02814,00673.023.30$194,272
Dec 20232,29312,99971.262.61$197,336
Nov 20232,43412,26177.892.81$224,008
Oct 20232,23112,39785.443.09$228,890
Sep 20232,70216,07389.042.74$284,546
Aug 20232,62416,47280.522.67$255,312
Jul 20232,07911,75374.852.64$186,662
Jun 20232,19713,52968.962.26$182,060
May 20232,83716,56270.622.23$237,239
Apr 20232,77314,03478.122.24$248,031
Mar 20232,59012,91172.852.39$219,580
Feb 20232,33012,41575.112.47$205,618
Jan 20233,46412,17276.533.39$306,335
Dec 20222,0648,03676.415.73$203,749
Nov 20223,70413,15585.005.65$389,116
Oct 20223,08110,52187.185.86$330,294
Sep 20223,0599,53884.888.16$337,513
Aug 20223,54716,40994.529.13$485,030
Jul 20223,39815,191101.587.54$459,741
Jun 20223,67414,449115.097.98$538,103
May 20224,44613,497109.378.43$600,080
Apr 20222,8418,079104.226.84$351,330
Mar 20224,35712,106108.885.08$535,845
Feb 20222,1088,20591.054.86$231,800
Jan 20224,18817,06081.844.54$420,159
Dec 20214,38515,67671.323.90$373,861
Nov 20214,58115,84277.435.24$437,669
Oct 20213,82513,00179.795.71$379,483
Sep 20214,11916,02369.865.35$373,491
Aug 20214,27217,09866.024.22$354,201
Jul 20214,51316,15870.783.98$383,773
Jun 20215,07418,14069.493.38$413,917
May 20215,14123,35363.483.02$396,822
Apr 20215,00221,07460.362.76$360,052
Mar 20215,76821,05161.302.72$410,773
Feb 20214,49717,27457.805.55$355,762
Jan 20216,35122,59950.412.81$383,663
Dec 20206,01429,27044.642.68$346,776
Nov 20206,11723,32038.772.71$300,273
Oct 20206,33622,61636.972.48$290,294
Sep 20206,88218,74837.091.99$292,581
Aug 20207,44412,23839.982.39$326,800
Jul 20207,24611,95238.371.83$299,843
Jun 20206,76011,57234.901.69$255,484
May 20208,06921,40216.921.81$175,367
Apr 20208,17414,49614.751.80$146,723
Mar 20208,92518,40230.341.86$304,943
Feb 20208,31911,86049.881.98$438,442
Jan 20208,77616,04757.252.09$536,040
Dec 201910,09115,73759.012.30$631,734
Nov 201910,17213,96855.302.75$600,933
Oct 201910,28513,71453.472.42$583,107
Sep 201910,86812,45355.052.66$631,375
Aug 201912,79614,62453.112.30$713,295
Jul 201913,94314,59956.272.46$820,487
Jun 201913,76612,49752.782.49$757,702
May 201915,40412,89158.482.74$936,151
Apr 201913,13314,85162.632.75$863,370
Mar 201962482656.803.06$37,972
Feb 20190050.852.79$0
Jan 20190046.033.23$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                1,664 bbl  × $106.41 =   $177,066
Casinghead gas    12,876 Mcf  × $  3.05 =    $39,218

────────────────────────────────────────────────────
Month total                                 $216,284

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/21114 is the state's own key, not one this site invented.