UNIVERSITY 32-1

Operated by RED STAG OPERATING, LLC (P-5 697118) in the UNIVERSITY 31 (STRAWN-DETRITAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103234District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$4.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 192 leases and 192 wells, and the rule below applies to all of them.

Discovered
1980-07-03
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1994-10-24.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/96.

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
CondensateDisposition1,917 bbl$98,571
GasProduction1,345,833 Mcf$4,311,600
Total$4,410,171

325,946 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 (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 30.6730, -101.4607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.67300, -101.46072 · 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
8,698 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 8,698 ft.

Completions filed
Nov 1982
1 of 1 wells

1 well

42-1053414218,698 ftNov 1982

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 202601,805106.413.05$5,498
Apr 202608598.932.87$244
Mar 2026074489.753.15$2,343
Feb 202601,90263.503.75$7,133
Jan 202601,28959.138.00$10,309
Dec 2025060956.664.41$2,688
Nov 202501,69058.593.93$6,636
Oct 2025097859.383.30$3,232
Sep 202502,24862.743.08$6,917
Aug 202502,72463.933.01$8,212
Jul 202502,28066.743.32$7,559
Jun 202502,51466.483.13$7,866
May 202502,82660.553.23$9,135
Apr 202502,17962.363.54$7,720
Mar 202502,41867.704.27$10,321
Feb 202502,93770.884.34$12,749
Jan 202501,91474.324.28$8,189
Dec 202401,58768.993.12$4,954
Nov 202401,58769.052.20$3,489
Oct 202401,34671.372.28$3,071
Sep 202401,70869.612.36$4,038
Aug 202401,56975.632.06$3,238
Jul 202401,68079.932.15$3,606
Jun 202401,49778.082.63$3,943
May 202401,49778.812.20$3,291
Apr 2024095084.451.66$1,576
Mar 202401,29080.301.55$1,993
Feb 202401,29076.091.78$2,301
Jan 202401,73273.023.30$5,712
Dec 202301,48171.262.61$3,866
Nov 202301,66777.892.81$4,680
Oct 202301,51685.443.09$4,680
Sep 202301,68689.042.74$4,611
Aug 202301,44380.522.67$3,857
Jul 202301,92074.852.64$5,072
Jun 202301,68868.962.26$3,812
May 202301,74370.622.23$3,882
Apr 202301,69578.122.24$3,793
Mar 202301,97872.852.39$4,734
Feb 202301,72075.112.47$4,241
Jan 202301,31776.533.39$4,462
Dec 202201,51776.415.73$8,691
Nov 202201,13685.005.65$6,414
Oct 202202,07787.185.86$12,179
Sep 202201,99184.888.16$16,254
Aug 202201,65294.529.13$15,078
Jul 202202,246101.587.54$16,940
Jun 202201,908115.097.98$15,221
May 202201,818109.378.43$15,331
Apr 202201,716104.226.84$11,733
Mar 202201,900108.885.08$9,645
Feb 202201,68691.054.86$8,192
Jan 202201,53181.844.54$6,947
Dec 202101,96071.323.90$7,642
Nov 202101,80177.435.24$9,432
Oct 202101,66879.795.71$9,531
Sep 202101,98169.865.35$10,600
Aug 202101,80266.024.22$7,606
Jul 202101,80270.783.98$7,176
Jun 202101,43869.493.38$4,861
May 202101,69063.483.02$5,100
Apr 202102,02960.362.76$5,597
Mar 202102,08461.302.72$5,662
Feb 202101,46857.805.55$8,144
Jan 202102,02850.412.81$5,699
Dec 202001,72644.642.68$4,618
Nov 202001,46038.772.71$3,952
Oct 202001,25636.972.48$3,113
Sep 202001,68937.091.99$3,363
Aug 202001,60739.982.39$3,833
Jul 202001,20538.371.83$2,199
Jun 202001,98534.901.69$3,355
May 202001,92816.921.81$3,499
Apr 2020021214.751.80$383
Mar 202001,76830.341.86$3,282
Feb 202001,51149.881.98$2,993
Jan 202001,64857.252.09$3,452
Dec 201901,88259.012.30$4,337
Nov 201901,26055.302.75$3,466
Oct 201901,67253.472.42$4,044
Sep 201901,62355.052.66$4,313
Aug 2019084353.112.30$1,943
Jul 2019040256.272.46$989
Jun 2019034752.782.49$864
May 2019096058.482.74$2,631
Apr 2019074162.632.75$2,038
Mar 201901,35856.803.06$4,158
Feb 201901,50150.852.79$4,191
Jan 201901,71146.033.23$5,523
Dec 201801,50746.594.19$6,307
Nov 201801,52652.934.24$6,466
Oct 201801,60361.443.40$5,447
Sep 201801,71759.543.11$5,336
Aug 201801,99759.403.07$6,124
Jul 201801,74865.142.93$5,125
Jun 201801,95560.183.08$6,015
May 201802,05365.382.90$5,955
Apr 201801,49963.842.90$4,348
Mar 201801,76761.222.79$4,924
Feb 201801,85961.782.77$5,142
Jan 201801,64162.874.01$6,579
Dec 201702,19957.272.92$6,424
Nov 201702,28855.423.12$7,135
Oct 201702,15049.292.98$6,415
Sep 201701,61447.523.09$4,983
Aug 201701,65245.373.00$4,963
Jul 201701,66243.873.09$5,131
Jun 201701,99742.493.09$6,165
May 201702,43045.373.26$7,930
Apr 201702,18247.933.21$7,008
Mar 201701,94946.772.98$5,815
Feb 201701,76950.452.95$5,223
Jan 201702,32749.413.42$7,956
Dec 201602,04048.763.72$7,595
Nov 201601,54642.492.64$4,088
Oct 201602,21446.193.09$6,842
Sep 201601,78241.553.10$5,525
Aug 201602,11741.442.92$6,191
Jul 201601,07141.622.92$3,132
Jun 201602,05245.352.69$5,511
May 201602,30742.521.99$4,593
Apr 201601,13536.561.99$2,260
Mar 201601,72633.011.79$3,096
Feb 201601,57426.472.06$3,248
Jan 2016161,85227.352.36$4,816
Dec 2015331,48632.362.00$4,042
Nov 2015261,84338.792.17$5,003
Oct 2015261,68943.552.43$5,231
Sep 2015291,58042.992.76$5,605
Aug 2015141,55540.162.87$5,029
Jul 2015131,40848.152.95$4,773
Jun 201501,89156.152.88$5,451
May 201501,86355.212.96$5,506
Apr 201501,68049.822.71$4,547
Mar 201501,33942.892.93$3,930
Feb 201501,36044.662.98$4,048
Jan 201501,76843.433.10$5,482
Dec 201401,57254.693.59$5,646
Nov 201401,52770.464.25$6,493
Oct 201401,97578.303.90$7,704
Sep 201402,62486.164.05$10,615
Aug 201402,18089.394.04$8,797
Jul 201402,41696.564.18$10,098
Jun 201401,98898.164.74$9,417
May 201402,55794.734.73$12,086
Apr 201402,21195.944.81$10,633
Mar 201402,44395.895.06$12,354
Feb 201402,01497.406.19$12,471
Jan 201402,50790.404.86$12,186
Dec 201301,86491.824.35$8,117
Nov 201301,84988.853.74$6,912
Oct 201302,28697.423.78$8,640
Sep 201301,943104.113.72$7,224
Aug 201301,619104.253.52$5,703
Jul 201301,879102.523.72$6,986
Jun 201301,88394.403.93$7,407
May 201301,84994.834.15$7,672
Apr 201301,93693.964.28$8,291
Mar 201301,77093.623.91$6,926
Feb 201302,01291.233.42$6,881
Jan 201302,32891.603.42$7,962
Dec 201202,40686.773.42$8,229
Nov 201202,20286.953.62$7,982
Oct 201202,19289.383.40$7,452
Sep 201202,16794.672.92$6,324
Aug 201202,59192.662.91$7,535
Jul 201202,42785.133.02$7,331
Jun 201202,38079.822.52$5,995
May 201202,44491.612.49$6,081
Apr 201202,907101.652.00$5,805
Mar 201202,999105.052.22$6,664
Feb 201202,669101.102.57$6,860
Jan 201202,81098.092.73$7,683
Dec 201102,59196.873.24$8,394
Nov 201102,39795.723.31$7,937
Oct 201102,90584.983.65$10,599
Sep 201102,50183.623.99$9,968
Aug 201102,31783.404.15$9,614
Jul 201102,60894.144.52$11,781
Jun 201102,43492.904.64$11,293
May 201102,64598.134.40$11,651
Apr 201102,099105.964.33$9,096
Mar 201102,27796.364.06$9,239
Feb 201102,03085.644.18$8,485
Jan 201101,89686.504.59$8,700
Dec 201001,97685.734.35$8,591
Nov 201001,71080.843.80$6,490
Oct 201001,73078.103.51$6,070
Sep 201001,78472.633.98$7,099
Aug 201002,87273.684.42$12,692
Jul 201002,25472.554.74$10,676
Jun 201042,74670.364.91$13,765
May 201032,66671.124.24$11,504
Apr 201092,36981.694.12$10,502
Mar 201002,28378.394.39$10,019
Feb 201002,57373.585.44$14,003
Jan 201002,30274.365.96$13,729
Dec 200902,36471.445.48$12,964
Nov 200902,28774.593.75$8,580
Oct 2009262,70072.544.11$12,984
Sep 2009132,56265.543.06$8,704
Aug 2009152,56267.423.22$9,257
Jul 2009132,41661.133.46$9,165
Jun 2009102,88866.163.90$11,910
May 2009192,64554.743.93$11,424
Apr 2009182,55446.773.59$10,004
Mar 2009232,01942.144.06$9,164
Feb 2009212,04732.814.63$10,173
Jan 2009292,84335.865.37$16,310
Dec 2008222,41637.105.98$15,257
Nov 2008252,58655.496.86$19,128
Oct 2008302,79175.246.92$21,576
Sep 2008172,213101.767.88$19,162
Aug 2008172,119114.228.48$19,917
Jul 2008232,589131.0811.39$32,502
Jun 2008142,571131.3313.03$35,346
May 2008202,760123.1711.57$34,408
Apr 2008242,849110.3110.45$32,433
Mar 2008393,063101.909.66$33,575
Feb 2008352,47892.538.77$24,972
Jan 2008272,95990.388.21$26,721
Dec 2007362,79988.337.30$23,618
Nov 2007382,46891.677.29$21,479
Oct 2007313,07682.856.92$23,860
Sep 2007212,18175.846.24$15,211
Aug 2007322,62669.066.39$18,985
Jul 2007262,82870.906.39$19,908
Jun 2007332,85962.007.55$23,627
May 2007332,93558.747.85$24,967
Apr 2007553,07259.617.81$27,256
Mar 2007443,03456.927.30$24,659
Feb 2007342,95555.108.22$26,152
Jan 2007593,29650.306.73$25,139
Dec 2006593,71956.656.92$29,072
Nov 2006553,23454.207.62$27,616
Oct 2006473,39354.906.01$22,985
Sep 200603,17160.085.04$15,973
Aug 200602,95668.717.34$21,697
Jul 200602,73969.376.34$17,373
Jun 200603,09766.286.38$19,771
May 2006123,50366.016.42$23,299
Apr 200603,31164.397.36$24,371
Mar 2006193,45156.707.08$25,520
Feb 2006132,88157.597.75$23,080
Jan 2006253,48460.598.93$32,638
Dec 2005193,67554.9413.42$50,345
Nov 2005123,54954.6910.59$38,235
Oct 200503,69858.3413.80$51,017
Sep 200503,65661.4512.08$44,161
Aug 200503,68861.519.80$36,131
Jul 200503,69855.697.84$29,006
Jun 200503,85652.337.38$28,461
May 200503,34545.226.65$22,248
Apr 200503,69649.207.36$27,204
Mar 200503,42650.377.15$24,513
Feb 200503,05445.226.31$19,277
Jan 200503,24843.166.32$20,535
Dec 200403,17439.866.75$21,428
Nov 200403,05245.286.33$19,320
Oct 200402,96649.706.52$19,324
Sep 200403,20143.245.28$16,914
Aug 200403,37942.375.55$18,756
Jul 200403,74838.286.08$22,804
Jun 200402,82536.106.43$18,173
May 200403,38937.486.49$22,010
Apr 200403,11434.475.86$18,243
Mar 200403,17334.365.53$17,547
Feb 200402,89032.455.51$15,923
Jan 200403,45032.036.30$21,734
Dec 200303,97030.266.30$25,018
Nov 200303,35528.804.60$15,417
Oct 200303,86528.174.76$18,396
Sep 200303,73926.314.75$17,758
Aug 200303,91929.765.13$20,103
Jul 200303,67129.415.17$18,982
Jun 200304,06928.565.98$24,345
May 200304,25426.595.97$25,408
Apr 200303,64126.675.41$19,688
Mar 200303,72931.146.10$22,732
Feb 200303,35933.487.93$26,623
Jan 200303,87230.315.58$21,614
Dec 200203,93526.914.85$19,100
Nov 200203,93824.664.14$16,291
Oct 200204,13026.464.23$17,466
Sep 200203,98827.443.64$14,497
Aug 200204,56025.963.16$14,429
Jul 200204,36224.583.06$13,355
Jun 2002184,39123.733.34$15,085
May 200204,58224.663.58$16,422
Apr 200204,47223.653.51$15,707
Mar 200204,11722.003.10$12,774
Feb 200204,01718.222.38$9,543
Jan 200204,25817.172.38$10,116
Dec 200104,50616.932.36$10,654
Nov 200104,49118.072.41$10,803
Oct 200104,79819.782.53$12,134
Sep 200104,61024.262.25$10,379
Aug 200104,49124.873.05$13,712
Jul 200104,83523.933.20$15,458
Jun 200104,88724.563.82$18,689
May 200105,11825.524.31$22,045
Apr 200104,76124.685.34$25,401
Mar 200104,84024.545.38$26,022
Feb 200104,31427.755.77$24,879
Jan 200104,54727.478.40$38,189
Dec 200004,73726.889.12$43,213
Nov 200004,89532.215.66$27,696
Oct 200005,18231.235.15$26,664
Sep 200005,33131.875.19$27,649
Aug 200005,65829.644.54$25,692
Jul 200005,70728.534.09$23,340
Jun 200005,60629.304.40$24,651
May 200005,51427.263.68$20,290
Apr 200005,35324.513.12$16,680
Mar 200005,93728.422.86$16,978
Feb 200005,70127.622.73$15,544
Jan 200005,54125.272.48$13,744
Dec 199905,74024.282.42$13,912
Nov 199905,77623.192.43$14,059
Oct 199906,06320.982.80$16,999
Sep 199905,80021.752.62$15,189
Aug 199906,17519.262.88$17,757
Jul 199905,57717.892.37$13,231
Jun 199905,40315.942.36$12,762
May 199906,05615.792.32$14,056
Apr 199905,03215.102.21$11,111
Mar 199905,41612.471.84$9,956
Feb 199905,2399.981.82$9,523
Jan 199905,92810.381.90$11,263
Dec 199805,5909.201.77$9,913
Nov 199805,77410.892.19$12,620
Oct 199806,34912.421.97$12,503
Sep 199805,65412.592.08$11,775
Aug 199805,37811.301.91$10,258
Jul 199805,85811.742.24$13,106
Jun 199805,44511.242.24$12,182
May 199805,75112.622.21$12,689
Apr 199805,76513.042.51$14,443
Mar 199805,92612.802.31$13,686
Feb 199805,77113.952.30$13,268
Jan 199806,44114.702.15$13,879
Dec 199706,46716.322.41$15,593
Nov 199706,85818.193.09$21,179
Oct 199706,86819.253.15$21,633
Sep 199706,51817.742.95$19,260
Aug 199707,23917.862.55$18,494
Jul 199707,06317.582.25$15,870
Jun 199706,96717.242.26$15,726
May 199707,24318.972.31$16,720
Apr 199707,27317.882.08$15,148
Mar 199707,11718.951.94$13,801
Feb 199706,52420.492.21$14,391
Jan 199707,67823.483.54$27,178
Dec 199607,40623.32$0
Nov 199607,61321.97$0
Oct 199607,51423.31$0
Sep 199607,60322.22$0
Aug 199608,07320.26$0
Jul 199608,71319.55$0
Jun 1996108,48818.73$187
May 1996219,38619.43$408
Apr 199683,13121.51$172
Mar 199684,46519.38$155
Feb 199675,12616.98$119
Jan 1996117,67417.07$188
Dec 199507,01017.19$0
Nov 199505,82716.00$0
Oct 199505,81915.43$0
Sep 199504,49016.18$0
Aug 199507,60215.92$0
Jul 199507,18915.24$0
Jun 1995196,88116.41$312
May 1995196,90917.56$334
Apr 1995337,09917.73$585
Mar 1995326,77516.44$526
Feb 1995516,49716.58$846
Jan 1995507,84815.92$796
Dec 1994397,30215.03$586
Nov 1994446,04015.90$700
Oct 1994448,26315.58$686
Sep 1994267,32615.29$398
Aug 1994338,41916.13$532
Jul 1994378,37017.56$650
Jun 199402,63117.09$0
May 199407,81315.88$0
Apr 199407,94414.14$0
Mar 199407,38412.46$0
Feb 199407,25212.50$0
Jan 199407,80212.66$0
Dec 199305,81712.33$0
Nov 199307,30014.49$0
Oct 199302,77515.85$0
Sep 199303,40615.03$0
Aug 199304,20615.66$0
Jul 199304,79515.46$0
Jun 1993137,45316.79$218
May 1993106,31017.68$177
Apr 1993117,16918.05$199
Mar 199377,95918.14$127
Feb 199377,87817.90$125
Jan 199339,19416.93$51

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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,805 Mcf  × $  3.05 =     $5,498

────────────────────────────────────────────────────
Month total                                   $5,498

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/G/103234 is the state's own key, not one this site invented.