UNIVERSITY 32-14

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

Gas lease lease 103555District 7CField 67995200NGPA filingCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$19 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered
1962-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).

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
CondensateDisposition117 bbl$6,722
GasProduction430,653 Mcf$1,536,864
Total$1,543,587

83,506 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 30.6582, -101.3875. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65824, -101.38749 · 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
9,032 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 9,032 ft.

Completions filed
Jun 1987
1 of 1 wells

1 well

42-1053422119,032 ftJun 1987

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 20260300106.413.05$914
Apr 20260798.932.87$20
Mar 2026030789.753.15$967
Feb 2026055663.503.75$2,085
Jan 2026022159.138.00$1,768
Dec 2025039756.664.41$1,752
Nov 2025062058.593.93$2,434
Oct 2025033259.383.30$1,097
Sep 2025060962.743.08$1,874
Aug 2025073563.933.01$2,216
Jul 2025072166.743.32$2,390
Jun 2025054866.483.13$1,715
May 2025053160.553.23$1,716
Apr 2025071962.363.54$2,548
Mar 2025056867.704.27$2,424
Feb 2025067170.884.34$2,913
Jan 2025061474.324.28$2,627
Dec 2024043868.993.12$1,367
Nov 2024043869.052.20$963
Oct 2024043371.372.28$988
Sep 2024033469.612.36$790
Aug 2024041875.632.06$863
Jul 2024042379.932.15$908
Jun 2024015678.082.63$411
May 2024015678.812.20$343
Apr 2024016584.451.66$274
Mar 2024025980.301.55$400
Feb 2024025976.091.78$462
Jan 2024021973.023.30$722
Dec 2023033771.262.61$880
Nov 2023035377.892.81$991
Oct 2023019585.443.09$602
Sep 2023023989.042.74$654
Aug 2023032680.522.67$871
Jul 2023017274.852.64$454
Jun 2023019368.962.26$436
May 2023015170.622.23$336
Apr 2023023578.122.24$526
Mar 2023025572.852.39$610
Feb 2023025075.112.47$616
Jan 2023020576.533.39$694
Dec 2022021476.415.73$1,226
Nov 2022021085.005.65$1,186
Oct 2022020387.185.86$1,190
Sep 2022019984.888.16$1,625
Aug 2022016694.529.13$1,515
Jul 20220253101.587.54$1,908
Jun 20220245115.097.98$1,954
May 20220285109.378.43$2,403
Apr 20220281104.226.84$1,921
Mar 20220255108.885.08$1,294
Feb 2022026491.054.86$1,283
Jan 2022021981.844.54$994
Dec 2021025771.323.90$1,002
Nov 2021023477.435.24$1,225
Oct 2021022179.795.71$1,263
Sep 2021030569.865.35$1,632
Aug 2021034066.024.22$1,435
Jul 2021035070.783.98$1,394
Jun 2021030569.493.38$1,031
May 2021030863.483.02$929
Apr 2021026360.362.76$725
Mar 2021030161.302.72$818
Feb 2021025257.805.55$1,398
Jan 2021030750.412.81$863
Dec 2020031344.642.68$837
Nov 2020023438.772.71$633
Oct 2020022736.972.48$563
Sep 2020031537.091.99$627
Aug 2020023139.982.39$551
Jul 2020023038.371.83$420
Jun 2020024534.901.69$414
May 2020031616.921.81$573
Apr 2020011114.751.80$200
Mar 2020028730.341.86$533
Feb 2020016549.881.98$327
Jan 2020018057.252.09$377
Dec 2019019559.012.30$449
Nov 2019018755.302.75$514
Oct 2019023853.472.42$576
Sep 2019016355.052.66$433
Aug 2019024553.112.30$565
Jul 2019011456.272.46$280
Jun 201904852.782.49$120
May 2019026358.482.74$721
Apr 2019016262.632.75$446
Mar 2019040356.803.06$1,234
Feb 2019038050.852.79$1,061
Jan 2019042346.033.23$1,366
Dec 2018052746.594.19$2,206
Nov 2018060052.934.24$2,542
Oct 2018037161.443.40$1,261
Sep 2018053359.543.11$1,657
Aug 2018061359.403.07$1,880
Jul 2018064765.142.93$1,897
Jun 2018059260.183.08$1,822
May 2018047365.382.90$1,372
Apr 2018052163.842.90$1,511
Mar 2018050961.222.79$1,419
Feb 2018066461.782.77$1,837
Jan 2018060362.874.01$2,418
Dec 2017053357.272.92$1,557
Nov 2017044955.423.12$1,400
Oct 2017050249.292.98$1,498
Sep 2017056447.523.09$1,741
Aug 2017053145.373.00$1,595
Jul 2017069643.873.09$2,149
Jun 2017075442.493.09$2,328
May 2017059945.373.26$1,955
Apr 2017053047.933.21$1,702
Mar 2017060646.772.98$1,808
Feb 2017054850.452.95$1,618
Jan 2017076449.413.42$2,612
Dec 2016039948.763.72$1,485
Nov 2016042542.492.64$1,124
Oct 2016059946.193.09$1,851
Sep 2016090341.553.10$2,800
Aug 2016055141.442.92$1,611
Jul 2016064241.622.92$1,877
Jun 201601,26745.352.69$3,403
May 2016076542.521.99$1,523
Apr 2016014536.561.99$289
Mar 2016061233.011.79$1,098
Feb 2016080326.472.06$1,657
Jan 201601,32727.352.36$3,138
Dec 2015083832.362.00$1,677
Nov 2015039538.792.17$856
Oct 201501,04643.552.43$2,538
Sep 2015095442.992.76$2,632
Aug 201501,36940.162.87$3,932
Jul 2015087948.152.95$2,589
Jun 201501,07656.152.88$3,102
May 201501,03655.212.96$3,062
Apr 2015083649.822.71$2,263
Mar 2015092242.892.93$2,706
Feb 201501,07844.662.98$3,208
Jan 201501,00643.433.10$3,119
Dec 201401,16454.693.59$4,180
Nov 201401,18770.464.25$5,047
Oct 201401,16678.303.90$4,549
Sep 201401,10586.164.05$4,470
Aug 201401,01989.394.04$4,112
Jul 201401,26996.564.18$5,304
Jun 201401,81698.164.74$8,602
May 201401,84394.734.73$8,711
Apr 201401,68295.944.81$8,089
Mar 201401,55695.895.06$7,868
Feb 201401,73597.406.19$10,743
Jan 201401,51190.404.86$7,345
Dec 201301,36691.824.35$5,948
Nov 201301,98688.853.74$7,424
Oct 201301,63697.423.78$6,183
Sep 201301,994104.113.72$7,413
Aug 20130813104.253.52$2,864
Jul 201301,042102.523.72$3,874
Jun 201301,15094.403.93$4,523
May 2013094394.834.15$3,913
Apr 2013059393.964.28$2,540
Mar 201301,02593.623.91$4,011
Feb 201301,00391.233.42$3,430
Jan 2013098191.603.42$3,355
Dec 201201,01686.773.42$3,475
Nov 2012089986.953.62$3,259
Oct 201201,02989.383.40$3,498
Sep 2012060894.672.92$1,774
Aug 2012046192.662.91$1,341
Jul 2012086085.133.02$2,598
Jun 201201,03279.822.52$2,600
May 201201,30491.612.49$3,245
Apr 201201,446101.652.00$2,887
Mar 201201,097105.052.22$2,438
Feb 20120859101.102.57$2,208
Jan 2012577398.092.73$2,604
Dec 20111589196.873.24$4,340
Nov 2011141,00495.723.31$4,665
Oct 201181,10384.983.65$4,704
Sep 2011111,16883.623.99$5,575
Aug 20111274783.404.15$4,100
Jul 2011090694.144.52$4,093
Jun 2011076192.904.64$3,531
May 2011063198.134.40$2,779
Apr 20110775105.964.33$3,358
Mar 2011061996.364.06$2,511
Feb 2011058085.644.18$2,424
Jan 2011061586.504.59$2,822
Dec 2010062185.734.35$2,700
Nov 2010044280.843.80$1,678
Oct 2010042378.103.51$1,484
Sep 2010040472.633.98$1,608
Aug 2010086073.684.42$3,801
Jul 2010068372.554.74$3,235
Jun 2010068770.364.91$3,373
May 2010099571.124.24$4,214
Apr 2010064381.694.12$2,651
Mar 2010063378.394.39$2,778
Feb 2010051073.585.44$2,776
Jan 2010066374.365.96$3,954
Dec 2009065371.445.48$3,581
Nov 2009064974.593.75$2,435
Oct 2009081372.544.11$3,342
Sep 2009065765.543.06$2,014
Aug 2009094967.423.22$3,054
Jul 200901,15361.133.46$3,995
Jun 200901,26866.163.90$4,939
May 200901,31154.743.93$5,147
Apr 200901,23546.773.59$4,431
Mar 200901,19742.144.06$4,859
Feb 200901,13932.814.63$5,277
Jan 200901,11735.865.37$5,999
Dec 200801,52837.105.98$9,133
Nov 200801,47355.496.86$10,105
Oct 200801,32875.246.92$9,192
Sep 200801,187101.767.88$9,350
Aug 200801,641114.228.48$13,921
Jul 200801,637131.0811.39$18,645
Jun 200801,366131.3313.03$17,803
May 200801,123123.1711.57$12,998
Apr 200801,342110.3110.45$14,030
Mar 200801,534101.909.66$14,825
Feb 200801,51692.538.77$13,296
Jan 200801,34790.388.21$11,053
Dec 200701,79188.337.30$13,078
Nov 200701,56791.677.29$11,426
Oct 200701,63882.856.92$11,338
Sep 2007061975.846.24$3,865
Aug 2007060969.066.39$3,890
Jul 2007043270.906.39$2,760
Jun 2007028962.007.55$2,182
May 2007055958.747.85$4,386
Apr 2007078659.617.81$6,135
Mar 2007082556.927.30$6,024
Feb 2007093955.108.22$7,715
Jan 200701,21450.306.73$8,166
Dec 200601,43656.656.92$9,935
Nov 200601,40554.207.62$10,703
Oct 200601,57554.906.01$9,472
Sep 200601,34060.085.04$6,750
Aug 200601,36968.717.34$10,048
Jul 200601,38969.376.34$8,810
Jun 200601,47966.286.38$9,442
May 200601,51066.016.42$9,702
Apr 200601,41464.397.36$10,408
Mar 200601,41856.707.08$10,044
Feb 2006073557.597.75$5,697
Jan 2006080260.598.93$7,165
Dec 200501,25054.9413.42$16,769
Nov 200501,27054.6910.59$13,447
Oct 200501,33958.3413.80$18,473
Sep 200501,34961.4512.08$16,295
Aug 200501,46161.519.80$14,313
Jul 200501,36655.697.84$10,714
Jun 200501,24952.337.38$9,219
May 200501,32645.226.65$8,819
Apr 200501,25549.207.36$9,237
Mar 200501,30550.377.15$9,337
Feb 200501,41245.226.31$8,912
Jan 200501,40843.166.32$8,902
Dec 200401,37539.866.75$9,283
Nov 200401,29645.286.33$8,204
Oct 200401,32949.706.52$8,659
Sep 200401,30243.245.28$6,880
Aug 200401,32842.375.55$7,371
Jul 200401,43638.286.08$8,737
Jun 200401,38836.106.43$8,929
May 200401,27337.486.49$8,268
Apr 200401,24134.475.86$7,270
Mar 200401,36534.365.53$7,549
Feb 200401,20132.455.51$6,617
Jan 200401,31332.036.30$8,271
Dec 200301,47230.266.30$9,276
Nov 200301,43728.804.60$6,603
Oct 200301,29228.174.76$6,149
Sep 200301,42126.314.75$6,749
Aug 200301,52929.765.13$7,843
Jul 200301,47529.415.17$7,627
Jun 200301,47628.565.98$8,831
May 200301,57926.595.97$9,431
Apr 200301,58226.675.41$8,554
Mar 200301,56531.146.10$9,540
Feb 200301,34733.487.93$10,676
Jan 200301,53930.315.58$8,591
Dec 200201,47526.914.85$7,159
Nov 200201,68724.664.14$6,979
Oct 200201,37726.464.23$5,824
Sep 200201,40827.443.64$5,118
Aug 200201,50725.963.16$4,768
Jul 200201,60324.583.06$4,908
Jun 200201,64623.733.34$5,495
May 200201,62124.663.58$5,810
Apr 200201,52623.653.51$5,360
Mar 200201,69822.003.10$5,268
Feb 200201,49318.222.38$3,547
Jan 200201,61017.172.38$3,825
Dec 200101,70216.932.36$4,024
Nov 200101,64818.072.41$3,964
Oct 200101,53519.782.53$3,882
Sep 200101,50324.262.25$3,384
Aug 200101,58524.873.05$4,839
Jul 200101,55223.933.20$4,962
Jun 200101,46624.563.82$5,606
May 200101,56425.524.31$6,737
Apr 200101,49824.685.34$7,992
Mar 200101,41824.545.38$7,624
Feb 200101,30627.755.77$7,532
Jan 200101,38427.478.40$11,624
Dec 200001,47626.889.12$13,465
Nov 200001,72932.215.66$9,783
Oct 200001,56031.235.15$8,027
Sep 200001,56731.875.19$8,127
Aug 200001,70729.644.54$7,751
Jul 200001,71528.534.09$7,014
Jun 200001,69929.304.40$7,471
May 200001,58627.263.68$5,836
Apr 200001,69824.513.12$5,291
Mar 200001,98028.422.86$5,662
Feb 200001,86527.622.73$5,085
Jan 200002,03925.272.48$5,058
Dec 199901,40424.282.42$3,403
Nov 199901,85123.192.43$4,505
Oct 199901,88520.982.80$5,285
Sep 199901,83121.752.62$4,795
Aug 199901,93019.262.88$5,550
Jul 199901,80517.892.37$4,282
Jun 199901,80015.942.36$4,252
May 199901,93615.792.32$4,493
Apr 199901,80715.102.21$3,990
Mar 199901,93312.471.84$3,553
Feb 199901,4859.981.82$2,699
Jan 199901,54110.381.90$2,928
Dec 199801,5689.201.77$2,781
Nov 199801,62910.892.19$3,561
Oct 199801,86912.421.97$3,680
Sep 199801,81812.592.08$3,786
Aug 199801,65611.301.91$3,159
Jul 199801,85011.742.24$4,139
Jun 199801,55311.242.24$3,474
May 199801,61212.622.21$3,557
Apr 199801,51913.042.51$3,806
Mar 199801,75612.802.31$4,055
Feb 199801,77013.952.30$4,069
Jan 199801,76914.702.15$3,812
Dec 199701,38516.322.41$3,339
Nov 199701,76418.193.09$5,448
Oct 199701,91819.253.15$6,041
Sep 199701,84917.742.95$5,464
Aug 199701,93517.862.55$4,943
Jul 199701,93017.582.25$4,337
Jun 199701,67917.242.26$3,790
May 199701,85018.972.31$4,271
Apr 199701,72317.882.08$3,589
Mar 199701,88718.951.94$3,659
Feb 199701,67120.492.21$3,686
Jan 199701,78023.483.54$6,301
Dec 199602,03123.32$0
Nov 199601,93021.97$0
Oct 199601,78423.31$0
Sep 199601,94222.22$0
Aug 199602,15720.26$0
Jul 199602,17519.55$0
Jun 199602,24318.73$0
May 199602,94119.43$0
Apr 1996064821.51$0
Mar 199602,16819.38$0
Feb 199601,97916.98$0
Jan 199602,66017.07$0
Dec 199533,08217.19$52
Nov 199522,08016.00$32
Oct 199532,29715.43$46
Sep 199512,04016.18$16
Aug 199522,29315.92$32
Jul 199523,21215.24$30
Jun 199532,34116.41$49
May 1995126017.56$18
Apr 1995132517.73$18
Mar 199531,30916.44$49
Feb 199561,47416.58$99
Jan 199561,85515.92$96
Dec 199441,68515.03$60
Nov 1994273815.90$32
Oct 199441,93115.58$62
Sep 199431,76815.29$46
Aug 199431,84816.13$48
Jul 199431,77417.56$53
Jun 1994072617.09$0
May 199401,72215.88$0
Apr 199401,71514.14$0
Mar 199401,64012.46$0
Feb 199401,30512.50$0
Jan 199401,65912.66$0
Dec 199302,21012.33$0
Nov 1993090314.49$0
Oct 1993059615.85$0
Sep 199301,07015.03$0
Aug 199301,32415.66$0
Jul 199301,78615.46$0
Jun 199301,79116.79$0
May 199301,74017.68$0
Apr 199301,63918.05$0
Mar 199301,40818.14$0
Feb 199301,59117.90$0
Jan 199301,71116.93$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                  300 Mcf  × $  3.05 =       $914

────────────────────────────────────────────────────
Month total                                     $914

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/103555 is the state's own key, not one this site invented.