UNIVERSITY 32-7

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 104060District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$37 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
CondensateDisposition460 bbl$33,280
GasProduction338,462 Mcf$1,206,564
Total$1,239,845

41,832 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 30.6645, -101.4304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66452, -101.43039 · 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
8,994 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 8,994 ft.

Completions filed
Dec 1982
1 of 1 wells

1 well

42-1053426818,994 ftDec 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 20262672106.413.05$2,260
Apr 202607898.932.87$224
Mar 2026433389.753.15$1,408
Feb 2026787463.503.75$3,722
Jan 2026253559.138.00$4,397
Dec 2025559256.664.41$2,896
Nov 2025383458.593.93$3,450
Oct 2025564559.383.30$2,429
Sep 202531,05362.743.08$3,428
Aug 202531,32463.933.01$4,183
Jul 202551,30866.743.32$4,670
Jun 202521,17266.483.13$3,800
May 202551,10460.553.23$3,871
Apr 202531,19362.363.54$4,414
Mar 202571,19167.704.27$5,557
Feb 202531,59670.884.34$7,141
Jan 2025892274.324.28$4,540
Dec 2024681468.993.12$2,955
Nov 2024481469.052.20$2,066
Oct 2024689371.372.28$2,466
Sep 2024454069.612.36$1,555
Aug 2024489375.632.06$2,145
Jul 2024494679.932.15$2,350
Jun 2024636078.082.63$1,417
May 2024436078.812.20$1,107
Apr 2024734584.451.66$1,164
Mar 2024983280.301.55$2,008
Feb 2024783276.091.78$2,017
Jan 2024972573.023.30$3,048
Dec 20231060871.262.61$2,300
Nov 20231073877.892.81$2,851
Oct 2023596685.443.09$3,410
Sep 202371,05089.042.74$3,495
Aug 202351,16880.522.67$3,525
Jul 2023593074.852.64$2,831
Jun 202351,14368.962.26$2,926
May 2023578570.622.23$2,102
Apr 20231186178.122.24$2,786
Mar 202381,06072.852.39$3,120
Feb 2023890875.112.47$2,840
Jan 20231186076.533.39$3,755
Dec 2022595176.415.73$5,830
Nov 2022387985.005.65$5,218
Oct 202251,03787.185.86$6,517
Sep 2022366884.888.16$5,708
Aug 2022563294.529.13$6,241
Jul 202231,139101.587.54$8,895
Jun 20225974115.097.98$8,345
May 20222915109.378.43$7,935
Apr 20224824104.226.84$6,051
Mar 202241,084108.885.08$5,938
Feb 202271,06591.054.86$5,812
Jan 2022495981.844.54$4,679
Dec 202121,16471.323.90$4,681
Nov 2021473877.435.24$4,175
Oct 2021282179.795.71$4,851
Sep 2021297169.865.35$5,335
Aug 2021285266.024.22$3,728
Jul 202131,06870.783.98$4,465
Jun 2021263269.493.38$2,276
May 202121,02863.483.02$3,229
Apr 2021576060.362.76$2,398
Mar 2021284861.302.72$2,427
Feb 2021172457.805.55$4,075
Jan 2021294550.412.81$2,757
Dec 202031,01644.642.68$2,852
Nov 2020498538.772.71$2,821
Oct 2020168636.972.48$1,737
Sep 202031,05237.091.99$2,206
Aug 2020388539.982.39$2,231
Jul 2020179138.371.83$1,482
Jun 202021,03334.901.69$1,816
May 2020194116.921.81$1,725
Apr 2020116314.751.80$309
Mar 2020497230.341.86$1,926
Feb 2020375849.881.98$1,651
Jan 2020586457.252.09$2,096
Dec 2019492659.012.30$2,370
Nov 2019583655.302.75$2,576
Oct 201931,39553.472.42$3,534
Sep 2019170155.052.66$1,918
Aug 2019288353.112.30$2,141
Jul 2019029256.272.46$718
Jun 2019020152.782.49$501
May 2019055258.482.74$1,513
Apr 2019038162.632.75$1,048
Mar 2019082356.803.06$2,520
Feb 2019082750.852.79$2,309
Jan 2019181946.033.23$2,690
Dec 2018164546.594.19$2,746
Nov 2018191652.934.24$3,934
Oct 201811,12661.443.40$3,888
Sep 2018169859.543.11$2,229
Aug 2018169659.403.07$2,194
Jul 2018175065.142.93$2,264
Jun 2018075760.183.08$2,329
May 2018071665.382.90$2,077
Apr 2018075363.842.90$2,184
Mar 2018069561.222.79$1,937
Feb 201801,73861.782.77$4,808
Jan 2018066862.874.01$2,678
Dec 2017063557.272.92$1,855
Nov 2017074955.423.12$2,336
Oct 201701,37949.292.98$4,114
Sep 2017078547.523.09$2,424
Aug 2017049445.373.00$1,484
Jul 2017073343.873.09$2,263
Jun 201701,11942.493.09$3,455
May 201701,35145.373.26$4,409
Apr 201701,21147.933.21$3,889
Mar 2017037446.772.98$1,116
Feb 201701,26750.452.95$3,741
Jan 2017096049.413.42$3,282
Dec 201601,07548.763.72$4,002
Nov 2016083142.492.64$2,197
Oct 201601,66446.193.09$5,142
Sep 2016080641.553.10$2,499
Aug 2016060441.442.92$1,766
Jul 2016083041.622.92$2,427
Jun 201601,58245.352.69$4,249
May 201602,03142.521.99$4,044
Apr 2016047136.561.99$938
Mar 2016082033.011.79$1,471
Feb 2016099226.472.06$2,047
Jan 2016093627.352.36$2,213
Dec 2015061232.362.00$1,225
Nov 2015041138.792.17$891
Oct 2015096843.552.43$2,349
Sep 201501,38842.992.76$3,829
Aug 201501,53140.162.87$4,398
Jul 2015048248.152.95$1,420
Jun 2015068156.152.88$1,963
May 2015072055.212.96$2,128
Apr 2015074849.822.71$2,025
Mar 2015068142.892.93$1,999
Feb 2015089544.662.98$2,664
Jan 2015067843.433.10$2,102
Dec 2014083354.693.59$2,992
Nov 201401,15570.464.25$4,911
Oct 201401,00278.303.90$3,909
Sep 201401,52986.164.05$6,185
Aug 2014068489.394.04$2,760
Jul 2014076796.564.18$3,206
Jun 201401,03798.164.74$4,912
May 201401,26394.734.73$5,970
Apr 2014097895.944.81$4,703
Mar 2014065695.895.06$3,317
Feb 2014063997.406.19$3,957
Jan 201401,50890.404.86$7,330
Dec 201301,26191.824.35$5,491
Nov 201301,11288.853.74$4,157
Oct 2013096297.423.78$3,636
Sep 20130770104.113.72$2,863
Aug 20130445104.253.52$1,568
Jul 20130749102.523.72$2,785
Jun 2013090694.403.93$3,564
May 2013082194.834.15$3,406
Apr 2013065393.964.28$2,797
Mar 201301,04793.623.91$4,097
Feb 2013073891.233.42$2,524
Jan 2013039191.603.42$1,337
Dec 2012048286.773.42$1,649
Nov 2012052386.953.62$1,896
Oct 2012055389.383.40$1,880
Sep 2012057394.672.92$1,672
Aug 2012065492.662.91$1,902
Jul 2012753685.133.02$2,215
Jun 20121338279.822.52$2,000
May 20121353491.612.49$2,520
Apr 201217653101.652.00$3,032
Mar 20128618105.052.22$2,214
Feb 20129446101.102.57$2,056
Jan 2012730798.092.73$1,526
Dec 2011039296.873.24$1,270
Nov 2011039795.723.31$1,315
Oct 2011042684.983.65$1,554
Sep 2011058183.623.99$2,316
Aug 2011065983.404.15$2,734
Jul 2011032994.144.52$1,486
Jun 2011032192.904.64$1,489
May 2011026398.134.40$1,158
Apr 20110353105.964.33$1,530
Mar 2011046096.364.06$1,866
Feb 2011052085.644.18$2,174
Jan 2011054086.504.59$2,478
Dec 2010044485.734.35$1,930
Nov 2010042780.843.80$1,621
Oct 2010038978.103.51$1,365
Sep 2010047072.633.98$1,870
Aug 2010068173.684.42$3,010
Jul 2010057872.554.74$2,738
Jun 2010065270.364.91$3,202
May 2010075971.124.24$3,215
Apr 2010060581.694.12$2,494
Mar 2010056078.394.39$2,458
Feb 2010042973.585.44$2,335
Jan 2010046474.365.96$2,767
Dec 2009027271.445.48$1,492
Nov 2009039274.593.75$1,471
Oct 2009032372.544.11$1,328
Sep 2009038765.543.06$1,186
Aug 2009065367.423.22$2,102
Jul 2009057861.133.46$2,002
Jun 2009052166.163.90$2,029
May 2009063154.743.93$2,477
Apr 2009050546.773.59$1,812
Mar 2009052042.144.06$2,111
Feb 2009057032.814.63$2,641
Jan 2009043335.865.37$2,326
Dec 2008061937.105.98$3,700
Nov 2008059655.496.86$4,089
Oct 2008066175.246.92$4,575
Sep 20080586101.767.88$4,616
Aug 20080665114.228.48$5,641
Jul 20080542131.0811.39$6,173
Jun 20080527131.3313.03$6,868
May 20080437123.1711.57$5,058
Apr 20080597110.3110.45$6,242
Mar 20080495101.909.66$4,784
Feb 2008046492.538.77$4,070
Jan 2008037690.388.21$3,085
Dec 2007054088.337.30$3,943
Nov 2007047291.677.29$3,442
Oct 2007041482.856.92$2,866
Sep 2007071675.846.24$4,471
Aug 2007072969.066.39$4,657
Jul 2007048070.906.39$3,066
Jun 2007044162.007.55$3,329
May 2007068958.747.85$5,406
Apr 2007043459.617.81$3,387
Mar 2007056456.927.30$4,118
Feb 2007062155.108.22$5,102
Jan 2007058750.306.73$3,949
Dec 2006091256.656.92$6,310
Nov 2006076554.207.62$5,827
Oct 2006063454.906.01$3,813
Sep 2006081160.085.04$4,085
Aug 2006093968.717.34$6,892
Jul 200601,29469.376.34$8,208
Jun 2006072566.286.38$4,628
May 200601,03266.016.42$6,631
Apr 2006075164.397.36$5,528
Mar 2006089056.707.08$6,304
Feb 2006092257.597.75$7,147
Jan 2006076860.598.93$6,861
Dec 200501,06654.9413.42$14,301
Nov 2005066154.6910.59$6,999
Oct 2005071958.3413.80$9,919
Sep 2005074861.4512.08$9,035
Aug 2005068261.519.80$6,681
Jul 2005074155.697.84$5,812
Jun 2005082152.337.38$6,060
May 2005078545.226.65$5,221
Apr 2005076549.207.36$5,631
Mar 2005078250.377.15$5,595
Feb 2005086245.226.31$5,441
Jan 2005080143.166.32$5,064
Dec 2004078339.866.75$5,286
Nov 2004087645.286.33$5,545
Oct 2004092049.706.52$5,994
Sep 2004070743.245.28$3,736
Aug 2004059742.375.55$3,314
Jul 2004069638.286.08$4,235
Jun 2004086736.106.43$5,577
May 2004095437.486.49$6,196
Apr 2004068734.475.86$4,025
Mar 2004092934.365.53$5,138
Feb 200401,02632.455.51$5,653
Jan 2004099732.036.30$6,281
Dec 2003099530.266.30$6,270
Nov 2003088828.804.60$4,081
Oct 2003065928.174.76$3,137
Sep 2003075226.314.75$3,572
Aug 2003052529.765.13$2,693
Jul 2003099429.415.17$5,140
Jun 2003077628.565.98$4,643
May 2003048526.595.97$2,897
Apr 200301,06126.675.41$5,737
Mar 200301,28731.146.10$7,846
Feb 2003094933.487.93$7,522
Jan 2003094930.315.58$5,297
Dec 2002075326.914.85$3,655
Nov 2002065824.664.14$2,722
Oct 200201,10726.464.23$4,682
Sep 2002083627.443.64$3,039
Aug 2002083125.963.16$2,629
Jul 200201,17724.583.06$3,604
Jun 2002060723.733.34$2,026
May 2002057024.663.58$2,043
Apr 2002060623.653.51$2,128
Mar 2002074722.003.10$2,318
Feb 2002049318.222.38$1,171
Jan 2002045217.172.38$1,074
Dec 2001061916.932.36$1,464
Nov 2001065118.072.41$1,566
Oct 2001061119.782.53$1,545
Sep 2001072024.262.25$1,621
Aug 2001086524.873.05$2,641
Jul 2001097923.933.20$3,130
Jun 2001079424.563.82$3,036
May 200101,29225.524.31$5,565
Apr 200101,46224.685.34$7,800
Mar 200101,07724.545.38$5,790
Feb 200101,10227.755.77$6,355
Jan 2001094727.478.40$7,954
Dec 200001,14426.889.12$10,436
Nov 2000085232.215.66$4,821
Oct 200001,34731.235.15$6,931
Sep 200001,68131.875.19$8,719
Aug 200001,25129.644.54$5,680
Jul 200001,22028.534.09$4,990
Jun 200001,17929.304.40$5,184
May 2000096027.263.68$3,533
Apr 200001,35024.513.12$4,207
Mar 200001,02328.422.86$2,926
Feb 2000099927.622.73$2,724
Jan 200001,06825.272.48$2,649
Dec 199901,23424.282.42$2,991
Nov 199901,06723.192.43$2,597
Oct 199901,42120.982.80$3,984
Sep 199901,42421.752.62$3,729
Aug 199901,14119.262.88$3,281
Jul 199901,09617.892.37$2,600
Jun 199901,15815.942.36$2,735
May 1999098015.792.32$2,275
Apr 199901,23415.102.21$2,725
Mar 199901,28912.471.84$2,370
Feb 199909789.981.82$1,778
Jan 199901,34910.381.90$2,563
Dec 199801,5589.201.77$2,763
Nov 199801,43210.892.19$3,130
Oct 199801,68212.421.97$3,312
Sep 199801,58212.592.08$3,295
Aug 199801,04611.301.91$1,995
Jul 199801,09311.742.24$2,445
Jun 199801,14411.242.24$2,559
May 199801,07612.622.21$2,374
Apr 1998098313.042.51$2,463
Mar 199801,09912.802.31$2,538
Feb 199801,24113.952.30$2,853
Jan 199801,42514.702.15$3,071
Dec 199701,34116.322.41$3,233
Nov 1997088118.193.09$2,721
Oct 1997094319.253.15$2,970
Sep 199701,33417.742.95$3,942
Aug 1997080417.862.55$2,054
Jul 199701,34017.582.25$3,011
Jun 199701,26417.242.26$2,853
May 199701,24818.972.31$2,881
Apr 199701,36617.882.08$2,845
Mar 199701,49718.951.94$2,903
Feb 199701,29120.492.21$2,848
Jan 199701,45223.483.54$5,140
Dec 199601,53923.32$0
Nov 199601,32921.97$0
Oct 199601,43223.31$0
Sep 199601,46722.22$0
Aug 199601,33620.26$0
Jul 199601,60519.55$0
Jun 199601,69818.73$0
May 1996050419.43$0
Apr 1996060921.51$0
Mar 1996066819.38$0
Feb 1996086616.98$0
Jan 199601,21217.07$0
Dec 199501,74217.19$0
Nov 199501,16516.00$0
Oct 199501,05015.43$0
Sep 199501,17016.18$0
Aug 199501,39215.92$0
Jul 199501,59915.24$0
Jun 199511,25516.41$16
May 199521,36917.56$35
Apr 1995284917.73$35
Mar 1995128816.44$16
Feb 1995137616.58$17
Jan 1995151215.92$16
Dec 1994472115.03$60
Nov 1994339215.90$48
Oct 199461,19315.58$93
Sep 1994268215.29$31
Aug 1994369216.13$48
Jul 1994127117.56$18
Jun 199406517.09$0
May 1994089615.88$0
Apr 1994062214.14$0
Mar 1994045112.46$0
Feb 199401,65312.50$0
Jan 199401,61112.66$0
Dec 1993031612.33$0
Nov 1993067814.49$0
Oct 1993029115.85$0
Sep 1993073915.03$0
Aug 1993035615.66$0
Jul 1993046615.46$0
Jun 1993059916.79$0
May 1993036617.68$0
Apr 1993038918.05$0
Mar 1993050818.14$0
Feb 1993046317.90$0
Jan 1993038016.93$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             2 bbl  × $106.41 =       $213
Gas                  672 Mcf  × $  3.05 =     $2,047

────────────────────────────────────────────────────
Month total                                   $2,260

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/104060 is the state's own key, not one this site invented.