UNIVERSITY-RATLIFF W58-7D

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 21434District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$23.9 M
Jun 2021 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
60
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
OilDisposition282,183 bbl$22,400,472
Casinghead gasProduction407,737 Mcf$1,453,617
Total$23,854,089

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 31.3336, -101.8884. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.33362, -101.88838 · 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
8,578 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 8,578 ft.

Completions filed
Nov 2021
1 of 1 wells

1 well

42-461416924H8,578 ftNov 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 (60)

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

60 months

May 20262,7186,219106.413.05$308,164
Apr 20262,7215,67598.932.87$285,474
Mar 20262,8404,82989.753.15$270,099
Feb 20262,3855,72563.503.75$172,918
Jan 20261,8727,86759.138.00$173,611
Dec 20253,0039,75556.664.41$213,202
Nov 20252,2288,26058.593.93$162,971
Oct 20253,2205,37359.383.30$208,961
Sep 20252,8587,02062.743.08$200,911
Aug 20253,2898,88263.933.01$237,043
Jul 20253,8719,06766.743.32$288,409
Jun 20253,1568,72366.483.13$237,103
May 20253,7398,50260.553.23$253,878
Apr 20254,2167,22262.363.54$288,498
Mar 20254,3047,70867.704.27$324,281
Feb 20253,9486,92770.884.34$309,903
Jan 20254,2977,65174.324.28$352,089
Dec 20244,1797,07168.993.12$310,380
Nov 20244,2467,61169.052.20$309,919
Oct 20244,8898,43471.372.28$368,169
Sep 20244,2017,19769.612.36$309,448
Aug 20243,8465,37175.632.06$301,957
Jul 20243,7285,71979.932.15$310,255
Jun 20243,4164,19178.082.63$277,760
May 20243,9363,95478.812.20$318,889
Apr 20245,3703,70084.451.66$459,636
Mar 20241,17774580.301.55$95,664
Feb 20242,80640276.091.78$214,226
Jan 20246,5168,01073.023.30$502,213
Dec 20237,82010,57971.262.61$584,872
Nov 20236,70112,99177.892.81$558,414
Oct 20236,77612,41485.443.09$617,267
Sep 20238,58215,53089.042.74$806,616
Aug 20239,96914,80180.522.67$842,265
Jul 202311,05013,71274.852.64$863,317
Jun 20236,8515,76968.962.26$485,474
May 20231,1131,43470.622.23$81,794
Apr 202312,13618,93878.122.24$990,443
Mar 20239,13010,28072.852.39$689,722
Feb 202313,68122,65275.112.47$1,083,432
Jan 20232,0864,80876.533.39$175,930
Dec 20222,9732,63676.415.73$242,269
Nov 20223,7752,97885.005.65$337,689
Oct 20223,6052,86487.185.86$331,078
Sep 20222,7092,17184.888.16$247,663
Aug 20223,1292,65894.529.13$320,013
Jul 20223,3862,961101.587.54$366,282
Jun 20224,7104,092115.097.98$574,717
May 20226,1715,836109.378.43$724,137
Apr 20226,9796,220104.226.84$769,881
Mar 20228,4208,097108.885.08$957,873
Feb 20227,1387,70191.054.86$687,333
Jan 20229,8828,44781.844.54$847,073
Dec 202111,1369,86071.323.90$832,665
Nov 20219,3009,49877.435.24$769,839
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$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                2,718 bbl  × $106.41 =   $289,222
Casinghead gas     6,219 Mcf  × $  3.05 =    $18,942

────────────────────────────────────────────────────
Month total                                 $308,164

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/21434 is the state's own key, not one this site invented.