UNIVERSITY 32-1-S

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 103241District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$984 k
Jan 1993 – May 2026
Value, last 12 filed months
$13 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
CondensateDisposition2 bbl$25
GasProduction309,931 Mcf$983,798
Total$983,823

74,910 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 30.6658, -101.4549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66585, -101.45487 · 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
9,800 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 9,800 ft.

Completions filed
Nov 1982
1 of 1 wells

1 well

42-1058005229,800 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 20260254106.413.05$774
Apr 202601498.932.87$40
Mar 2026011789.753.15$368
Feb 2026027163.503.75$1,016
Jan 2026012259.138.00$976
Dec 2025023256.664.41$1,024
Nov 2025037958.593.93$1,488
Oct 2025042059.383.30$1,388
Sep 2025039462.743.08$1,212
Aug 2025050663.933.01$1,525
Jul 2025042566.743.32$1,409
Jun 2025049566.483.13$1,549
May 2025048160.553.23$1,555
Apr 2025069162.363.54$2,448
Mar 2025054167.704.27$2,309
Feb 2025042170.884.34$1,827
Jan 2025050474.324.28$2,156
Dec 2024053468.993.12$1,667
Nov 2024053469.052.20$1,174
Oct 2024048771.372.28$1,111
Sep 2024029569.612.36$697
Aug 2024040075.632.06$825
Jul 2024037579.932.15$805
Jun 2024019178.082.63$503
May 2024019178.812.20$420
Apr 2024020084.451.66$332
Mar 2024034180.301.55$527
Feb 2024034176.091.78$608
Jan 2024033673.023.30$1,108
Dec 2023038671.262.61$1,008
Nov 2023032577.892.81$912
Oct 2023038585.443.09$1,189
Sep 2023038989.042.74$1,064
Aug 2023037880.522.67$1,010
Jul 2023031874.852.64$840
Jun 2023033468.962.26$754
May 2023028570.622.23$635
Apr 2023021778.122.24$486
Mar 2023031672.852.39$756
Feb 2023032475.112.47$799
Jan 2023042676.533.39$1,443
Dec 2022035376.415.73$2,022
Nov 2022033485.005.65$1,886
Oct 2022029287.185.86$1,712
Sep 2022034884.888.16$2,841
Aug 2022024294.529.13$2,209
Jul 20220443101.587.54$3,341
Jun 20220398115.097.98$3,175
May 20220437109.378.43$3,685
Apr 20220422104.226.84$2,885
Mar 20220527108.885.08$2,675
Feb 2022047891.054.86$2,323
Jan 2022040981.844.54$1,856
Dec 2021064871.323.90$2,527
Nov 2021050777.435.24$2,655
Oct 2021045279.795.71$2,583
Sep 2021051269.865.35$2,740
Aug 2021053466.024.22$2,254
Jul 2021046570.783.98$1,852
Jun 2021032069.493.38$1,082
May 2021053963.483.02$1,627
Apr 2021038860.362.76$1,070
Mar 2021057261.302.72$1,554
Feb 2021042057.805.55$2,330
Jan 2021054550.412.81$1,532
Dec 2020051644.642.68$1,381
Nov 2020050238.772.71$1,359
Oct 2020030336.972.48$751
Sep 2020058137.091.99$1,157
Aug 2020048539.982.39$1,157
Jul 2020040538.371.83$739
Jun 2020049034.901.69$828
May 2020047716.921.81$866
Apr 202006414.751.80$115
Mar 2020047230.341.86$876
Feb 2020049149.881.98$973
Jan 2020039857.252.09$834
Dec 2019051059.012.30$1,175
Nov 2019046055.302.75$1,265
Oct 2019055153.472.42$1,333
Sep 2019040455.052.66$1,074
Aug 2019026553.112.30$611
Jul 201909856.272.46$241
Jun 201908752.782.49$217
May 2019023958.482.74$655
Apr 2019016362.632.75$448
Mar 2019040156.803.06$1,228
Feb 2019038650.852.79$1,078
Jan 2019044546.033.23$1,437
Dec 2018036546.594.19$1,528
Nov 2018037752.934.24$1,597
Oct 2018032661.443.40$1,108
Sep 2018040159.543.11$1,246
Aug 2018055859.403.07$1,711
Jul 2018029365.142.93$859
Jun 2018037860.183.08$1,163
May 2018040965.382.90$1,186
Apr 2018055463.842.90$1,607
Mar 2018037561.222.79$1,045
Feb 2018038461.782.77$1,062
Jan 2018038862.874.01$1,556
Dec 2017037257.272.92$1,087
Nov 2017045355.423.12$1,413
Oct 2017076349.292.98$2,277
Sep 2017062847.523.09$1,939
Aug 2017069245.373.00$2,079
Jul 2017071343.873.09$2,201
Jun 2017074442.493.09$2,297
May 2017088645.373.26$2,891
Apr 2017063847.933.21$2,049
Mar 2017050646.772.98$1,510
Feb 2017084350.452.95$2,489
Jan 2017093749.413.42$3,203
Dec 2016077248.763.72$2,874
Nov 2016099142.492.64$2,621
Oct 201601,00646.193.09$3,109
Sep 2016074641.553.10$2,313
Aug 2016070941.442.92$2,073
Jul 2016040741.622.92$1,190
Jun 2016048545.352.69$1,303
May 2016049042.521.99$976
Apr 2016030036.561.99$597
Mar 2016049733.011.79$892
Feb 2016069226.472.06$1,428
Jan 2016064327.352.36$1,520
Dec 2015055432.362.00$1,109
Nov 2015038138.792.17$826
Oct 2015076543.552.43$1,856
Sep 2015063442.992.76$1,749
Aug 2015073640.162.87$2,114
Jul 2015044848.152.95$1,319
Jun 2015054056.152.88$1,557
May 2015053455.212.96$1,578
Apr 2015069049.822.71$1,868
Mar 2015064842.892.93$1,902
Feb 2015058844.662.98$1,750
Jan 2015056843.433.10$1,761
Dec 2014094454.693.59$3,390
Nov 2014084470.464.25$3,589
Oct 2014053478.303.90$2,083
Sep 2014073586.164.05$2,973
Aug 2014050189.394.04$2,022
Jul 2014061596.564.18$2,570
Jun 2014072498.164.74$3,430
May 2014078594.734.73$3,710
Apr 2014069295.944.81$3,328
Mar 2014069495.895.06$3,509
Feb 2014069497.406.19$4,297
Jan 2014056490.404.86$2,741
Dec 2013062391.824.35$2,713
Nov 2013056088.853.74$2,093
Oct 2013093097.423.78$3,515
Sep 20130638104.113.72$2,372
Aug 20130494104.253.52$1,740
Jul 20130634102.523.72$2,357
Jun 2013033594.403.93$1,318
May 2013031394.834.15$1,299
Apr 2013044793.964.28$1,914
Mar 2013032393.623.91$1,264
Feb 2013045491.233.42$1,553
Jan 2013034691.603.42$1,183
Dec 2012055986.773.42$1,912
Nov 2012046386.953.62$1,678
Oct 2012042989.383.40$1,458
Sep 2012039994.672.92$1,164
Aug 2012045392.662.91$1,317
Jul 2012050585.133.02$1,526
Jun 2012054979.822.52$1,383
May 2012047091.612.49$1,170
Apr 20120363101.652.00$725
Mar 20120399105.052.22$887
Feb 20120411101.102.57$1,056
Jan 2012035598.092.73$971
Dec 2011028896.873.24$933
Nov 2011020795.723.31$685
Oct 2011029384.983.65$1,069
Sep 2011033083.623.99$1,315
Aug 2011038683.404.15$1,602
Jul 2011038994.144.52$1,757
Jun 2011059092.904.64$2,738
May 2011030498.134.40$1,339
Apr 20110444105.964.33$1,924
Mar 2011039596.364.06$1,603
Feb 2011025885.644.18$1,078
Jan 2011031886.504.59$1,459
Dec 2010037285.734.35$1,617
Nov 2010029380.843.80$1,112
Oct 2010033978.103.51$1,190
Sep 2010026872.633.98$1,067
Aug 2010032173.684.42$1,419
Jul 2010024672.554.74$1,165
Jun 2010033970.364.91$1,665
May 2010037871.124.24$1,601
Apr 2010038081.694.12$1,567
Mar 2010033278.394.39$1,457
Feb 2010032073.585.44$1,742
Jan 2010035174.365.96$2,093
Dec 2009050071.445.48$2,742
Nov 2009039374.593.75$1,474
Oct 2009045772.544.11$1,878
Sep 2009048965.543.06$1,499
Aug 2009035267.423.22$1,133
Jul 2009043461.133.46$1,504
Jun 2009065766.163.90$2,559
May 2009047354.743.93$1,857
Apr 2009035746.773.59$1,281
Mar 2009047242.144.06$1,916
Feb 2009035432.814.63$1,640
Jan 2009050935.865.37$2,734
Dec 2008028737.105.98$1,715
Nov 2008021155.496.86$1,448
Oct 2008036175.246.92$2,499
Sep 20080125101.767.88$985
Aug 20080218114.228.48$1,849
Jul 20080213131.0811.39$2,426
Jun 20080188131.3313.03$2,450
May 20080252123.1711.57$2,917
Apr 20080257110.3110.45$2,687
Mar 20080343101.909.66$3,315
Feb 2008033392.538.77$2,921
Jan 2008021190.388.21$1,731
Dec 2007051888.337.30$3,782
Nov 2007037391.677.29$2,720
Oct 2007044382.856.92$3,066
Sep 2007043975.846.24$2,741
Aug 2007037069.066.39$2,364
Jul 2007038470.906.39$2,453
Jun 2007035262.007.55$2,657
May 2007054358.747.85$4,261
Apr 2007036659.617.81$2,857
Mar 2007044156.927.30$3,220
Feb 2007066555.108.22$5,464
Jan 2007051850.306.73$3,485
Dec 200601,00656.656.92$6,960
Nov 2006097354.207.62$7,412
Oct 200601,38254.906.01$8,311
Sep 2006087760.085.04$4,418
Aug 200601,40268.717.34$10,291
Jul 200601,05969.376.34$6,717
Jun 200601,02666.286.38$6,550
May 2006085466.016.42$5,487
Apr 2006058364.397.36$4,291
Mar 2006034956.707.08$2,472
Feb 2006058657.597.75$4,542
Jan 2006083460.598.93$7,450
Dec 2005082554.9413.42$11,068
Nov 2005060554.6910.59$6,406
Oct 2005072458.3413.80$9,988
Sep 2005095361.4512.08$11,511
Aug 2005079861.519.80$7,818
Jul 2005088155.697.84$6,910
Jun 2005084452.337.38$6,230
May 200501,08045.226.65$7,183
Apr 200501,14349.207.36$8,413
Mar 2005091050.377.15$6,511
Feb 200501,13945.226.31$7,189
Jan 2005085243.166.32$5,387
Dec 2004083339.866.75$5,624
Nov 2004093345.286.33$5,906
Oct 2004089649.706.52$5,838
Sep 2004097143.245.28$5,131
Aug 2004097442.375.55$5,406
Jul 2004079238.286.08$4,819
Jun 2004096636.106.43$6,214
May 200401,02837.486.49$6,676
Apr 2004082934.475.86$4,857
Mar 200401,09734.365.53$6,067
Feb 200401,02032.455.51$5,620
Jan 200401,02732.036.30$6,470
Dec 200301,08230.266.30$6,818
Nov 2003091128.804.60$4,186
Oct 200301,07028.174.76$5,093
Sep 200301,17826.314.75$5,595
Aug 200301,08229.765.13$5,550
Jul 200301,00229.415.17$5,181
Jun 200301,13528.565.98$6,791
May 200301,49726.595.97$8,941
Apr 200301,30526.675.41$7,057
Mar 200301,25131.146.10$7,626
Feb 200301,07533.487.93$8,520
Jan 200301,20930.315.58$6,749
Dec 200201,23826.914.85$6,009
Nov 200201,30224.664.14$5,386
Oct 200201,33026.464.23$5,625
Sep 200201,31027.443.64$4,762
Aug 200201,37425.963.16$4,348
Jul 200201,51424.583.06$4,636
Jun 200201,24223.733.34$4,146
May 200201,42824.663.58$5,118
Apr 2002079423.653.51$2,789
Mar 200201,23122.003.10$3,819
Feb 200201,26218.222.38$2,998
Jan 200201,33917.172.38$3,181
Dec 200101,20116.932.36$2,840
Nov 200101,28518.072.41$3,091
Oct 200101,18019.782.53$2,984
Sep 200101,31124.262.25$2,951
Aug 200101,25524.873.05$3,832
Jul 200101,30923.933.20$4,185
Jun 200101,08624.563.82$4,153
May 200101,13525.524.31$4,889
Apr 200101,14824.685.34$6,125
Mar 200101,25124.545.38$6,726
Feb 200101,04727.755.77$6,038
Jan 200101,27927.478.40$10,742
Dec 200001,20526.889.12$10,993
Nov 200001,28432.215.66$7,265
Oct 200001,23331.235.15$6,344
Sep 200001,05831.875.19$5,487
Aug 200001,16329.644.54$5,281
Jul 200001,05128.534.09$4,298
Jun 2000079329.304.40$3,487
May 2000073027.263.68$2,686
Apr 2000089424.513.12$2,786
Mar 2000091928.422.86$2,628
Feb 2000098527.622.73$2,686
Jan 200001,41825.272.48$3,517
Dec 199901,65224.282.42$4,004
Nov 199901,54023.192.43$3,748
Oct 199901,02620.982.80$2,877
Sep 199901,05821.752.62$2,771
Aug 1999099619.262.88$2,864
Jul 199901,15217.892.37$2,733
Jun 199901,03215.942.36$2,438
May 199901,21715.792.32$2,825
Apr 1999099815.102.21$2,204
Mar 199921,27012.471.84$2,360
Feb 199901,0789.981.82$1,960
Jan 199901,28810.381.90$2,447
Dec 199801,4229.201.77$2,522
Nov 199801,27510.892.19$2,787
Oct 199801,42612.421.97$2,808
Sep 199801,00412.592.08$2,091
Aug 1998066811.301.91$1,274
Jul 1998073911.742.24$1,653
Jun 1998075111.242.24$1,680
May 1998095712.622.21$2,111
Apr 199801,02313.042.51$2,563
Mar 199801,01312.802.31$2,339
Feb 1998075913.952.30$1,745
Jan 199801,00414.702.15$2,163
Dec 199701,30116.322.41$3,137
Nov 199701,20518.193.09$3,721
Oct 199701,01619.253.15$3,200
Sep 199701,03817.742.95$3,067
Aug 1997087217.862.55$2,228
Jul 199701,42917.582.25$3,211
Jun 199701,11717.242.26$2,521
May 199701,26218.972.31$2,913
Apr 199701,58117.882.08$3,293
Mar 199701,50818.951.94$2,924
Feb 199701,45520.492.21$3,210
Jan 199701,52023.483.54$5,380
Dec 199601,55423.32$0
Nov 199601,58721.97$0
Oct 199601,79723.31$0
Sep 199601,70722.22$0
Aug 199601,69220.26$0
Jul 199601,77319.55$0
Jun 199601,67818.73$0
May 199601,51819.43$0
Apr 199601,59321.51$0
Mar 199601,82919.38$0
Feb 199601,77316.98$0
Jan 199601,99617.07$0
Dec 199502,11217.19$0
Nov 199501,92316.00$0
Oct 199501,87215.43$0
Sep 199502,16516.18$0
Aug 199502,00715.92$0
Jul 199502,00915.24$0
Jun 199501,92916.41$0
May 199502,54317.56$0
Apr 199501,71417.73$0
Mar 1995037816.44$0
Feb 1995051616.58$0
Jan 1995065415.92$0
Dec 199401,02415.03$0
Nov 1994069115.90$0
Oct 199401,06015.58$0
Sep 1994067315.29$0
Aug 199401,11716.13$0
Jul 199401,20517.56$0
Jun 199401,35617.09$0
May 199401,46415.88$0
Apr 199401,41814.14$0
Mar 199401,44012.46$0
Feb 199401,17212.50$0
Jan 199401,94012.66$0
Dec 199301,28512.33$0
Nov 199302,43314.49$0
Oct 1993070015.85$0
Sep 199301,49015.03$0
Aug 199301,92415.66$0
Jul 199301,44615.46$0
Jun 199301,48216.79$0
May 199301,89717.68$0
Apr 199301,70818.05$0
Mar 199301,80818.14$0
Feb 199302,09017.90$0
Jan 199301,76816.93$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
Condensate             0 bbl  × $106.41 =         $0
Gas                  254 Mcf  × $  3.05 =       $774

────────────────────────────────────────────────────
Month total                                     $774

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/103241 is the state's own key, not one this site invented.