UNIVERSITY "58-7"

Operated by BCP RESOURCES, LLC (P-5 40206) 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 21361District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.1 M
Aug 2021 – May 2026
Value, last 12 filed months
$415 k
at the published price for each month
Months reported
58
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
OilDisposition14,347 bbl$1,044,979
Casinghead gasProduction8,603 Mcf$31,453
Total$1,076,432

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 31.2920, -101.8829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.29205, -101.88286 · 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
10,335 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 10,335 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-46136552610,335 ftSep 2010

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 (58)

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

58 months

May 2026738854106.413.05$81,132
Apr 202654441498.932.87$55,006
Mar 202645543089.753.15$42,191
Feb 202647029063.503.75$30,933
Jan 202634120159.138.00$21,771
Dec 202543122956.664.41$25,431
Nov 202548318958.593.93$29,041
Oct 202536515759.383.30$22,193
Sep 202529315762.743.08$18,866
Aug 202531926963.933.01$21,205
Jul 202549044766.743.32$34,184
Jun 202546458366.483.13$32,671
May 202554667360.553.23$35,236
Apr 202553575162.363.54$36,023
Mar 202553778067.704.27$39,684
Feb 202553258270.884.34$40,235
Jan 202541871374.324.28$34,116
Dec 202469455568.993.12$49,611
Nov 2024621069.052.20$42,880
Oct 2024708071.372.28$50,530
Sep 2024715069.612.36$49,771
Aug 2024554075.632.06$41,899
Jul 2024428079.932.15$34,210
Jun 2024432078.082.63$33,731
May 2024574078.812.20$45,237
Apr 2024213084.451.66$17,988
Mar 2024224080.301.55$17,987
Feb 2024176076.091.78$13,392
Jan 202498073.023.30$7,156
Dec 2023175071.262.61$12,471
Nov 2023287077.892.81$22,354
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202391074.852.64$6,811
Jun 202364068.962.26$4,413
May 2023542370.622.23$3,865
Apr 2023105478.122.24$8,212
Mar 20231132072.852.39$8,280
Feb 202324975.112.47$1,825
Jan 2023361876.533.39$2,816
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021025566.024.22$1,076

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                  738 bbl  × $106.41 =    $78,531
Casinghead gas       854 Mcf  × $  3.05 =     $2,601

────────────────────────────────────────────────────
Month total                                  $81,132

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/21361 is the state's own key, not one this site invented.