UNIVERSITY D 28-21

Operated by ROCKPORT ENERGY SOLUTIONS LLC (P-5 100303) 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 22874District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$12.4 M
Jul 2024 – May 2026
Value, last 12 filed months
$5.0 M
at the published price for each month
Months reported
23
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
OilDisposition166,210 bbl$11,714,771
Casinghead gasProduction188,147 Mcf$693,075
Total$12,407,847

Wells on this lease (5)

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 31.4552, -102.2148. A lease has no coordinate of its own — that point is the mean of its wells, and they span 29.0 miles, so treat it as the lease's centre and not as its location.

31.35175, -102.06991 · 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
80.0%
4 of 5 wells
With a plug date
80.0%
4 of 5 wells
Median depth
12,070 ft
5 wells filed one
Completion to plug
26.4 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
480.0%
A plug date is filed
480.0%
BothOn the schedule and plugged. Neither fact cancels the other.
480.0%
NeitherNo plug date, and not on the schedule.
120.0%

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

Between 8,536 and 12,110 ft, median 12,070 ft, over the 5 wells that filed a depth.

Completions filed
Apr 1975 – Dec 2024
5 of 5 wells
Plug dates filed
May 1992 – Mar 2017
4 of 5 wells; 1 filed none

Last completion to plug: a median of 26.4 years across the 4 wells that filed both dates, with the middle half between 21.3 years and 27.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-461427764H8,536 ftDec 2024
42-4613024312 U12,080 ftMar 1990Mar 2017Yes
42-4613027414 U11,975 ftNov 1989Mar 2017Yes
42-461301777 U12,070 ftDec 1984May 1992Yes
42-4613037516 U12,110 ftApr 1975Feb 2001Yes

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 (23)

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

23 months

May 20265,75116,339106.413.05$661,730
Apr 20266,43115,18098.932.87$679,781
Mar 20267,03713,63089.753.15$674,498
Feb 20268,92813,23563.503.75$616,563
Jan 20269,8003,42259.138.00$606,843
Dec 20255,8793,93556.664.41$350,471
Nov 20251,8401,25858.593.93$112,745
Oct 20252210659.383.30$1,657
Sep 20250062.743.08$0
Aug 2025534063.933.01$34,139
Jul 20258,783066.743.32$586,177
Jun 20259,48917,12466.483.13$684,405
May 202510,95718,11560.553.23$722,000
Apr 202512,57119,96562.363.54$854,666
Mar 202517,71926,73367.704.27$1,313,681
Feb 202522,26916,68170.884.34$1,650,836
Jan 202525,22715,36674.324.28$1,940,617
Dec 202412,9737,05868.993.12$917,038
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$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                5,751 bbl  × $106.41 =   $611,964
Casinghead gas    16,339 Mcf  × $  3.05 =    $49,766

────────────────────────────────────────────────────
Month total                                 $661,730

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/22874 is the state's own key, not one this site invented.