UNIVERSITY 2-31

Operated by PITTS ENERGY CO. (P-5 666430) 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 9126District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition53,496 bbl$2,155,378
Casinghead gasProduction171,330 Mcf$637,729
Total$2,793,107

32,862 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 31.3026, -101.7689. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.30261, -101.76890 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,180 ft
2 wells filed one
Completion to plug
19.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,160 and 8,200 ft, median 8,180 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1981 – Sep 2015
2 of 2 wells
Plug dates filed
Feb 2016 – Nov 2019
2 of 2 wells

Last completion to plug: a median of 19.4 years across the 2 wells that filed both dates, with the middle half between 11.8 years and 27.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3833900128,160 ftSep 2015Nov 2019Yes
42-3833198218,200 ftJul 1981Feb 2016Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
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
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
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 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201901362.632.75$36
Mar 201902956.803.06$89
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 201804461.443.40$150
Sep 201801759.543.11$53
Aug 201817816059.403.07$11,064
Jul 20181769665.142.93$11,746
Jun 20181722760.183.08$10,434
May 20180065.382.90$0
Apr 20181739163.842.90$11,308
Mar 20181778061.222.79$11,059
Feb 2018012761.782.77$351
Jan 201817716162.874.01$11,773
Dec 201718314457.272.92$10,901
Nov 2017014055.423.12$437
Oct 201716513149.292.98$8,524
Sep 201717415747.523.09$8,753
Aug 2017013045.373.00$391
Jul 2017019243.873.09$593
Jun 201716924842.493.09$7,946
May 2017023645.373.26$770
Apr 201717223647.933.21$9,002
Mar 201730442146.772.98$15,474
Feb 201718153850.452.95$10,720
Jan 201733957549.413.42$18,716
Dec 201617061748.763.72$10,586
Nov 201634051642.492.64$15,811
Oct 2016041646.193.09$1,286
Sep 2016027541.553.10$853
Aug 201616730541.442.92$7,812
Jul 201617327841.622.92$8,013
Jun 201616432345.352.69$8,305
May 201616423042.521.99$7,431
Apr 2016018636.561.99$370
Mar 201616519133.011.79$5,789
Feb 201638319926.472.06$10,549
Jan 201618661327.352.36$6,536
Dec 201554161332.362.00$18,734
Nov 201534533538.792.17$14,109
Oct 2015033643.552.43$815
Sep 201504742.992.76$130
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201418746454.693.59$11,893
Nov 2014057370.464.25$2,436
Oct 201418863178.303.90$17,182
Sep 2014048386.164.05$1,954
Aug 201418962189.394.04$19,401
Jul 2014068396.564.18$2,855
Jun 201418958398.164.74$21,314
May 201419255294.734.73$20,797
Apr 201419250395.944.81$20,839
Mar 2014055095.895.06$2,781
Feb 201417647897.406.19$20,102
Jan 2014053690.404.86$2,605
Dec 2013058991.824.35$2,565
Nov 201317638388.853.74$17,069
Oct 2013041197.423.78$1,553
Sep 20130333104.113.72$1,238
Aug 2013180377104.253.52$20,093
Jul 20130450102.523.72$1,673
Jun 201317448194.403.93$18,318
May 201316855894.834.15$18,247
Apr 201317654493.964.28$18,867
Mar 2013134993.623.91$1,459
Feb 201317645891.233.42$17,623
Jan 20131776991.603.42$16,449
Dec 20121086.773.42$87
Nov 20121777286.953.62$15,651
Oct 2012173789.383.40$15,487
Sep 20121763094.672.92$16,749
Aug 2012176092.662.91$16,308
Jul 20121834385.133.02$15,709
Jun 201204979.822.52$123
May 20120091.612.49$0
Apr 201217911101.652.00$18,217
Mar 201217232105.052.22$18,140
Feb 201217286101.102.57$17,610
Jan 201217224398.092.73$17,536
Dec 20111326196.873.24$2,105
Nov 201116820595.723.31$16,760
Oct 2011111284.983.65$494
Sep 201117414183.623.99$15,112
Aug 20111676783.404.15$14,206
Jul 201103594.144.52$158
Jun 201142692.904.64$492
May 201117026498.134.40$17,845
Apr 2011167486105.964.33$19,801
Mar 201117951996.364.06$19,354
Feb 201117045885.644.18$16,473
Jan 201118149886.504.59$17,942
Dec 201018050885.734.35$17,640
Nov 2010451980.843.80$2,293
Oct 201018052678.103.51$15,904
Sep 201017057372.633.98$14,627
Aug 201017948073.684.42$15,310
Jul 201017660572.554.74$15,634
Jun 2010264670.364.91$3,313
May 201033858271.124.24$26,503
Apr 201017929581.694.12$15,839
Mar 2010147278.394.39$2,150
Feb 2010032773.585.44$1,780
Jan 201036344674.365.96$29,653
Dec 2009048271.445.48$2,643
Nov 200918044574.593.75$15,096
Oct 200917640772.544.11$14,440
Sep 200917837665.543.06$12,818
Aug 200917639867.423.22$13,147
Jul 2009355261.133.46$2,096
Jun 200917953966.163.90$13,942
May 200917860854.743.93$12,131
Apr 200917859046.773.59$10,442
Mar 200917758042.144.06$9,813
Feb 200918053132.814.63$8,366
Jan 2009071035.865.37$3,813
Dec 200818262537.105.98$10,488
Nov 200817963855.496.86$14,310
Oct 200818130875.246.92$15,750
Sep 2008169213101.767.88$18,875
Aug 2008178567114.228.48$25,141
Jul 20080616131.0811.39$7,016
Jun 2008179621131.3313.03$31,601
May 2008177712123.1711.57$30,042
Apr 2008158539110.3110.45$23,064
Mar 2008144616101.909.66$20,627
Feb 200818159792.538.77$21,984
Jan 200818164090.388.21$21,610
Dec 200718268088.337.30$21,041
Nov 200718171491.677.29$21,799
Oct 200735081482.856.92$34,632
Sep 200734566675.846.24$30,323
Aug 2007046969.066.39$2,996
Jul 200717954470.906.39$16,166
Jun 2007054762.007.55$4,129
May 2007054858.747.85$4,300
Apr 200735455759.617.81$25,449
Mar 2007060256.927.30$4,396
Feb 2007041455.108.22$3,401
Jan 200735862450.306.73$22,205
Dec 200617469356.656.92$14,652
Nov 2006040454.207.62$3,077
Oct 2006026454.906.01$1,588
Sep 2006054360.085.04$2,735
Aug 200634571568.717.34$28,953
Jul 2006064769.376.34$4,104
Jun 200617363366.286.38$15,507
May 200617373466.016.42$16,136
Apr 200617768664.397.36$16,446
Mar 200616149656.707.08$12,642
Feb 200635351957.597.75$24,352
Jan 200616949760.598.93$14,680
Dec 2005052254.9413.42$7,003
Nov 200517459254.6910.59$15,784
Oct 200534566758.3413.80$29,329
Sep 2005040261.4512.08$4,856
Aug 200532963661.519.80$26,468
Jul 200516472955.697.84$14,851
Jun 2005061952.337.38$4,569
May 200517542045.226.65$10,707
Apr 2005061049.207.36$4,490
Mar 200517670450.377.15$13,902
Feb 200535764945.226.31$20,240
Jan 200517978143.166.32$12,663
Dec 200417863139.866.75$11,355
Nov 2004038645.286.33$2,444
Oct 200403,38049.706.52$22,021
Sep 200416757543.245.28$10,259
Aug 200435878042.375.55$19,498
Jul 200417868038.286.08$10,951
Jun 2004060636.106.43$3,898
May 200415062137.486.49$9,655
Apr 200417939834.475.86$8,502
Mar 2004011734.365.53$647
Feb 200433510732.455.51$11,460
Jan 200424215332.036.30$8,715
Dec 20031787530.266.30$5,859
Nov 20031763628.804.60$5,234
Oct 2003044328.174.76$2,109
Sep 200318235426.314.75$6,470
Aug 2003043429.765.13$2,226
Jul 200317643129.415.17$7,405
Jun 200335857128.565.98$13,641
May 200317771026.595.97$8,947
Apr 200317859726.675.41$7,975
Mar 2003047031.146.10$2,865
Feb 200317852733.487.93$10,136
Jan 200335357530.315.58$13,909
Dec 2002068226.914.85$3,310
Nov 200217370324.664.14$7,174
Oct 200217775326.464.23$7,868
Sep 200235571427.443.64$12,337
Aug 2002082225.963.16$2,601
Jul 200217778224.583.06$6,745
Jun 200217575223.733.34$6,663
May 200217878724.663.58$7,210
Apr 200218176423.653.51$6,964
Mar 200217677222.003.10$6,267
Feb 200234468318.222.38$7,890
Jan 2002074717.172.38$1,775
Dec 200133776316.932.36$7,509
Nov 200116476218.072.41$4,796
Oct 200117079919.782.53$5,383
Sep 200117179324.262.25$5,934
Aug 200118583924.873.05$7,163
Jul 200117685623.933.20$6,948
Jun 200117189724.563.82$7,630
May 200117188425.524.31$8,172
Apr 200134489424.685.34$13,260
Mar 200117885824.545.38$8,981
Feb 200116976227.755.77$9,084
Jan 200119262427.478.40$10,515
Dec 200018371626.889.12$11,451
Nov 200035578532.215.66$15,876
Oct 2000079031.235.15$4,065
Sep 200018488631.875.19$10,459
Aug 200017188029.644.54$9,064
Jul 200017294228.534.09$8,760
Jun 200034890029.304.40$14,154
May 200015990827.263.68$7,676
Apr 200017683324.513.12$6,909
Mar 200034575728.422.86$11,970
Feb 200018278627.622.73$7,170
Jan 200017584525.272.48$6,518
Dec 199917186824.282.42$6,256
Nov 199929978223.192.43$8,837
Oct 199917083220.982.80$5,899
Sep 199934885821.752.62$9,816
Aug 1999091219.262.88$2,623
Jul 199934294817.892.37$8,367
Jun 199917185915.942.36$4,755
May 199917170715.792.32$4,341
Apr 199917782715.102.21$4,499
Mar 199933279512.471.84$5,602
Feb 19991747669.981.82$3,129
Jan 199917984910.381.90$3,471
Dec 19983518609.201.77$4,754
Nov 199817086210.892.19$3,735
Oct 199817491512.421.97$3,963
Sep 199834096812.592.08$6,297
Aug 19983431,02211.301.91$5,825
Jul 199817089011.742.24$3,987
Jun 199817280211.242.24$3,728
May 199817292012.622.21$4,200
Apr 199834686713.042.51$6,684
Mar 199817483312.802.31$4,151
Feb 199818466713.952.30$4,100
Jan 199837289814.702.15$7,403
Dec 1997068516.322.41$1,652
Nov 199717978918.193.09$5,693
Oct 199718797919.253.15$6,683
Sep 199736586917.742.95$9,043
Aug 19971831,11517.862.55$6,117
Jul 19971811,03917.582.25$5,517
Jun 199718376917.242.26$4,891
May 19973721,12418.972.31$9,652
Apr 199718591317.882.08$5,209
Mar 199756390218.951.94$12,418
Feb 1997075820.492.21$1,672
Jan 199737263523.483.54$10,982
Dec 199636660223.32$8,535
Nov 1996082821.97$0
Oct 199619181323.31$4,452
Sep 199637262722.22$8,266
Aug 199618062820.26$3,647
Jul 199636576719.55$7,136
Jun 199618369918.73$3,428
May 199618366419.43$3,556
Apr 199617927521.51$3,850
Mar 199638317019.38$7,423
Feb 199636168616.98$6,130
Jan 199618871517.07$3,209
Dec 199537268417.19$6,395
Nov 199536464216.00$5,824
Oct 199519059415.43$2,932
Sep 199537644016.18$6,084
Aug 199518169715.92$2,882
Jul 199518954115.24$2,880
Jun 199519070216.41$3,118
May 199536174017.56$6,339
Apr 199518764717.73$3,316
Mar 199518970116.44$3,107
Feb 199519064016.58$3,150
Jan 199534970715.92$5,556
Dec 199418756415.03$2,811
Nov 199434671215.90$5,501
Oct 199436976315.58$5,749
Sep 199418175715.29$2,767
Aug 199435076716.13$5,646
Jul 199434889217.56$6,111
Jun 199417575017.09$2,991
May 199417449615.88$2,763
Apr 199434775014.14$4,907
Mar 199434769512.46$4,324
Feb 199417170512.50$2,138
Jan 199435574912.66$4,494
Dec 199317677012.33$2,170
Nov 199334962414.49$5,057
Oct 199335287315.85$5,579
Sep 199334677915.03$5,200
Aug 199317384515.66$2,709
Jul 199334788115.46$5,365
Jun 199334781116.79$5,826
May 199317482817.68$3,076
Apr 199352453718.05$9,458
Mar 199317675918.14$3,193
Feb 199317555917.90$3,133
Jan 199317678716.93$2,980

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.

Apr 2019 — as filed, then multipliedworked
Oil                    0 bbl  × $ 62.63 =         $0
Casinghead gas        13 Mcf  × $  2.75 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/9126 is the state's own key, not one this site invented.