UNIVERSITY 4-7C

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 21266District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$17.4 M
Feb 2021 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
64
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
OilDisposition208,395 bbl$15,940,049
Casinghead gasProduction405,781 Mcf$1,492,919
Total$17,432,968

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 31.2234, -101.7778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.22337, -101.77783 · 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
8,379 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 8,379 ft.

Completions filed
Feb 2021
1 of 1 wells

1 well

42-461413413H8,379 ftFeb 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 (64)

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

64 months

May 20262,6284,502106.413.05$293,358
Apr 20262,5153,49798.932.87$258,844
Mar 20262,2293,28189.753.15$210,386
Feb 20262,4393,40263.503.75$167,635
Jan 20262,1573,88059.138.00$158,575
Dec 20252,3224,29356.664.41$150,511
Nov 20252,3973,20458.593.93$153,021
Oct 20251,6524,16259.383.30$111,851
Sep 20251,9035,89062.743.08$137,517
Aug 20251,5426,80563.933.01$119,096
Jul 20251,4066,54366.743.32$115,528
Jun 20251,1505,01566.483.13$92,143
May 20251,3825,52860.553.23$101,548
Apr 20251,3335,63162.363.54$103,077
Mar 20251,3534,67167.704.27$111,535
Feb 20251,2883,34170.884.34$105,796
Jan 20251,4004,57874.324.28$123,636
Dec 20241,6575,93168.993.12$132,829
Nov 20241,4185,68469.052.20$110,409
Oct 20241,9717,83171.372.28$158,536
Sep 20241,8407,90569.612.36$146,773
Aug 20241,3408,32275.632.06$118,518
Jul 20241,3218,27479.932.15$123,348
Jun 20241,3257,02078.082.63$121,947
May 20241,5375,94778.812.20$134,205
Apr 20241,6225,55884.451.66$146,200
Mar 20241,7846,68580.301.55$153,584
Feb 20241,7245,70676.091.78$141,357
Jan 20241,9046,45773.023.30$160,323
Dec 20231,6687,30771.262.61$137,938
Nov 20232,3399,52477.892.81$208,924
Oct 20232,0638,23985.443.09$201,699
Sep 20232,2449,41689.042.74$225,559
Aug 20232,34210,56980.522.67$216,828
Jul 20232,25811,69374.852.64$199,902
Jun 20232,2369,87468.962.26$176,495
May 20232,4207,78870.622.23$188,247
Apr 20232,3109,93178.122.24$202,680
Mar 20232,7358,38072.852.39$219,299
Feb 20232,7238,98275.112.47$226,671
Jan 20234,7129,98876.533.39$394,446
Dec 20223,0869,21676.415.73$288,600
Nov 20224,52411,00285.005.65$446,659
Oct 20223,7978,34987.185.86$379,979
Sep 20223,5413,34984.888.16$327,900
Aug 20223,5487,70294.529.13$405,654
Jul 20224,29011,334101.587.54$521,260
Jun 20223,4924,262115.097.98$435,893
May 20222,0282,353109.378.43$241,645
Apr 20224,6262,253104.226.84$497,527
Mar 20224,7863,454108.885.08$538,634
Feb 20224,0213,01291.054.86$380,747
Jan 20225,5535,25281.844.54$478,289
Dec 20216,5895,98171.323.90$493,248
Nov 20216,4356,47377.435.24$532,160
Oct 20216,2326,25079.795.71$532,963
Sep 20217,3755,85369.865.35$546,536
Aug 20217,8836,31666.024.22$547,093
Jul 20218,0594,88970.783.98$589,884
Jun 20218,4925,95569.493.38$610,241
May 20219,5765,98963.483.02$625,957
Apr 20219,2336,83360.362.76$576,152
Mar 202110,5978,44361.302.72$672,535
Feb 2021432757.805.55$2,635

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                2,628 bbl  × $106.41 =   $279,645
Casinghead gas     4,502 Mcf  × $  3.05 =    $13,712

────────────────────────────────────────────────────
Month total                                 $293,358

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/21266 is the state's own key, not one this site invented.