UNIVERSITY W2-30C

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 21705District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$33.2 M
Jun 2022 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
48
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
OilDisposition364,943 bbl$29,560,347
Casinghead gasProduction932,199 Mcf$3,666,576
Total$33,226,924

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 31.3182, -101.7689. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.31825, -101.76889 · 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
8,277 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 8,277 ft.

Completions filed
Jun 2022
1 of 1 wells

1 well

42-383407703H8,277 ftJun 2022

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 (48)

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

48 months

May 20261,71111,339106.413.05$216,604
Apr 20262,08212,41998.932.87$241,611
Mar 20262,45613,39689.753.15$262,616
Feb 20262,25712,12463.503.75$188,788
Jan 20262,43814,95959.138.00$263,800
Dec 20252,26913,58056.664.41$188,495
Nov 20252,37013,66058.593.93$192,493
Oct 20252,50515,70259.383.30$200,640
Sep 20252,58216,41662.743.08$212,505
Aug 20252,66316,71663.933.01$220,640
Jul 20252,90317,03266.743.32$250,211
Jun 20252,98016,43066.483.13$249,515
May 20253,30318,53160.553.23$259,895
Apr 20253,82718,94662.363.54$305,780
Mar 20253,23916,53867.704.27$289,870
Feb 20253,11914,00870.884.34$281,881
Jan 20253,89216,19474.324.28$358,542
Dec 20243,30615,57668.993.12$276,699
Nov 20243,86217,57269.052.20$305,302
Oct 20243,84711,60171.372.28$301,027
Sep 20243,14612,85869.612.36$249,394
Aug 20244,83719,81975.632.06$406,721
Jul 20244,48617,71079.932.15$396,582
Jun 20244,88618,82178.082.63$431,073
May 20244,53219,65078.812.20$400,366
Apr 20245,41017,48484.451.66$485,884
Mar 20246,62319,70080.301.55$562,266
Feb 20246,49618,39276.091.78$527,085
Jan 20248,20418,25673.023.30$659,258
Dec 20237,39415,41971.262.61$567,151
Nov 20238,56811,50377.892.81$699,657
Oct 20236,1497,39685.443.09$548,204
Sep 20231,9132,49889.042.74$177,166
Aug 202331116080.522.67$25,469
Jul 20234,66611,65774.852.64$380,046
Jun 20238,13124,94668.962.26$617,054
May 20239,78131,30170.622.23$760,454
Apr 202310,56732,57278.122.24$898,382
Mar 202312,29132,48872.852.39$973,148
Feb 202313,81431,47275.112.47$1,115,169
Jan 202317,83037,94076.533.39$1,493,060
Dec 202219,87937,00976.415.73$1,730,982
Nov 202221,83736,81785.005.65$2,064,021
Oct 202225,95039,73387.185.86$2,495,306
Sep 202228,78441,88784.888.16$2,785,138
Aug 202229,14238,49594.529.13$3,105,852
Jul 202222,22424,399101.587.54$2,441,533
Jun 20229,4819,078115.097.98$1,163,585

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                1,711 bbl  × $106.41 =   $182,068
Casinghead gas    11,339 Mcf  × $  3.05 =    $34,537

────────────────────────────────────────────────────
Month total                                 $216,604

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/21705 is the state's own key, not one this site invented.