UNIVERSITY 32-12W UNIT

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 107681District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$704 k
Jan 1993 – May 2026
Value, last 12 filed months
$14 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
CondensateDisposition5 bbl$166
GasProduction161,768 Mcf$703,672
Total$703,838

9,307 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 30.6675, -101.4098. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66752, -101.40980 · 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
9,560 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 9,560 ft.

Completions filed
Aug 1983
1 of 1 wells

1 well

42-1053448929,560 ftAug 1983

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 20260379106.413.05$1,154
Apr 20260498.932.87$11
Mar 2026013389.753.15$419
Feb 2026041663.503.75$1,560
Jan 2026024359.138.00$1,943
Dec 2025037056.664.41$1,633
Nov 2025037558.593.93$1,472
Oct 2025022659.383.30$747
Sep 2025039062.743.08$1,200
Aug 2025044663.933.01$1,345
Jul 2025045766.743.32$1,515
Jun 2025043866.483.13$1,370
May 2025046260.553.23$1,493
Apr 2025054762.363.54$1,938
Mar 2025040667.704.27$1,733
Feb 2025047870.884.34$2,075
Jan 2025040174.324.28$1,716
Dec 2024050268.993.12$1,567
Nov 2024050269.052.20$1,104
Oct 2024041171.372.28$938
Sep 2024051369.612.36$1,213
Aug 2024035775.632.06$737
Jul 2024031179.932.15$668
Jun 2024029778.082.63$782
May 2024029778.812.20$653
Apr 2024025584.451.66$423
Mar 2024029380.301.55$453
Feb 2024029376.091.78$523
Jan 2024049273.023.30$1,622
Dec 2023037571.262.61$979
Nov 2023044677.892.81$1,252
Oct 2023033285.443.09$1,025
Sep 2023039589.042.74$1,080
Aug 2023046480.522.67$1,240
Jul 2023058674.852.64$1,548
Jun 2023036968.962.26$833
May 2023040670.622.23$904
Apr 2023025178.122.24$562
Mar 2023026972.852.39$644
Feb 2023026175.112.47$644
Jan 2023020776.533.39$701
Dec 2022017776.415.73$1,014
Nov 2022019585.005.65$1,101
Oct 2022028387.185.86$1,659
Sep 2022031184.888.16$2,539
Aug 2022027194.529.13$2,473
Jul 20220336101.587.54$2,534
Jun 20220315115.097.98$2,513
May 20220323109.378.43$2,724
Apr 20220281104.226.84$1,921
Mar 20220288108.885.08$1,462
Feb 2022030691.054.86$1,487
Jan 2022025581.844.54$1,157
Dec 2021029271.323.90$1,139
Nov 2021025677.435.24$1,341
Oct 2021025779.795.71$1,468
Sep 2021030869.865.35$1,648
Aug 2021032166.024.22$1,355
Jul 2021042070.783.98$1,672
Jun 2021038969.493.38$1,315
May 2021049763.483.02$1,500
Apr 2021036360.362.76$1,001
Mar 2021044061.302.72$1,195
Feb 2021037557.805.55$2,080
Jan 2021043650.412.81$1,225
Dec 2020057044.642.68$1,525
Nov 2020049138.772.71$1,329
Oct 2020033136.972.48$820
Sep 2020051837.091.99$1,031
Aug 2020051539.982.39$1,228
Jul 2020052938.371.83$965
Jun 2020045934.901.69$776
May 2020059216.921.81$1,074
Apr 2020022314.751.80$402
Mar 2020050830.341.86$943
Feb 2020043049.881.98$852
Jan 2020055257.252.09$1,156
Dec 2019049659.012.30$1,143
Nov 2019047155.302.75$1,296
Oct 2019070253.472.42$1,698
Sep 2019040855.052.66$1,084
Aug 2019059553.112.30$1,371
Jul 2019015756.272.46$386
Jun 2019014552.782.49$361
May 2019031658.482.74$866
Apr 2019018862.632.75$517
Mar 2019042156.803.06$1,289
Feb 2019039850.852.79$1,111
Jan 2019053746.033.23$1,734
Dec 2018045146.594.19$1,888
Nov 2018036852.934.24$1,559
Oct 2018048461.443.40$1,645
Sep 2018048759.543.11$1,514
Aug 2018060359.403.07$1,849
Jul 2018045365.142.93$1,328
Jun 2018044460.183.08$1,366
May 2018061865.382.90$1,793
Apr 2018044763.842.90$1,297
Mar 2018047661.222.79$1,327
Feb 2018039561.782.77$1,093
Jan 2018042562.874.01$1,704
Dec 2017048057.272.92$1,402
Nov 2017042855.423.12$1,335
Oct 2017060849.292.98$1,814
Sep 2017044947.523.09$1,386
Aug 2017037645.373.00$1,130
Jul 2017051343.873.09$1,584
Jun 2017043942.493.09$1,355
May 2017059245.373.26$1,932
Apr 2017041747.933.21$1,339
Mar 2017033846.772.98$1,008
Feb 2017035250.452.95$1,039
Jan 2017065349.413.42$2,232
Dec 2016051548.763.72$1,917
Nov 2016048442.492.64$1,280
Oct 2016066346.193.09$2,049
Sep 2016041741.553.10$1,293
Aug 2016050541.442.92$1,477
Jul 2016035141.622.92$1,026
Jun 2016082345.352.69$2,210
May 2016152342.521.99$1,084
Apr 2016139736.561.99$827
Mar 2016130433.011.79$578
Feb 2016127426.472.06$592
Jan 2016147127.352.36$1,141
Dec 2015044632.362.00$893
Nov 2015024538.792.17$531
Oct 2015042543.552.43$1,031
Sep 2015038742.992.76$1,068
Aug 2015047640.162.87$1,367
Jul 2015041948.152.95$1,234
Jun 2015045756.152.88$1,317
May 2015080755.212.96$2,385
Apr 2015084349.822.71$2,282
Mar 2015062342.892.93$1,828
Feb 2015065444.662.98$1,946
Jan 2015071943.433.10$2,229
Dec 2014074254.693.59$2,665
Nov 2014084370.464.25$3,584
Oct 2014053178.303.90$2,071
Sep 2014061986.164.05$2,504
Aug 2014049189.394.04$1,981
Jul 2014067196.564.18$2,805
Jun 2014087498.164.74$4,140
May 2014054594.734.73$2,576
Apr 2014049995.944.81$2,400
Mar 2014039695.895.06$2,002
Feb 2014045397.406.19$2,805
Jan 2014060590.404.86$2,941
Dec 2013052491.824.35$2,282
Nov 2013049988.853.74$1,865
Oct 2013061397.423.78$2,317
Sep 20130436104.113.72$1,621
Aug 20130334104.253.52$1,177
Jul 20130502102.523.72$1,866
Jun 2013042094.403.93$1,652
May 2013053694.834.15$2,224
Apr 2013066793.964.28$2,856
Mar 2013057993.623.91$2,266
Feb 2013065191.233.42$2,226
Jan 2013070591.603.42$2,411
Dec 201208386.773.42$284
Nov 2012012186.953.62$439
Oct 2012012689.383.40$428
Sep 2012016894.672.92$490
Aug 2012038892.662.91$1,128
Jul 2012037985.133.02$1,145
Jun 2012050279.822.52$1,265
May 2012033591.612.49$834
Apr 20120561101.652.00$1,120
Mar 20120479105.052.22$1,064
Feb 20120131101.102.57$337
Jan 2012022898.092.73$623
Dec 2011020696.873.24$667
Nov 2011011595.723.31$381
Oct 2011038284.983.65$1,394
Sep 2011028683.623.99$1,140
Aug 2011051683.404.15$2,141
Jul 2011038794.144.52$1,748
Jun 2011032992.904.64$1,527
May 2011044698.134.40$1,965
Apr 20110400105.964.33$1,733
Mar 2011052996.364.06$2,146
Feb 2011045085.644.18$1,881
Jan 2011041886.504.59$1,918
Dec 2010050885.734.35$2,209
Nov 2010051880.843.80$1,966
Oct 2010051578.103.51$1,807
Sep 2010044372.633.98$1,763
Aug 2010045473.684.42$2,006
Jul 2010057372.554.74$2,714
Jun 2010041470.364.91$2,033
May 2010056471.124.24$2,389
Apr 2010049581.694.12$2,041
Mar 2010053678.394.39$2,352
Feb 2010060073.585.44$3,265
Jan 2010058374.365.96$3,477
Dec 2009057571.445.48$3,153
Nov 2009050974.593.75$1,910
Oct 2009058472.544.11$2,400
Sep 2009048165.543.06$1,474
Aug 2009058967.423.22$1,896
Jul 2009059261.133.46$2,051
Jun 2009057666.163.90$2,244
May 2009060654.743.93$2,379
Apr 2009062046.773.59$2,224
Mar 2009079142.144.06$3,211
Feb 2009026232.814.63$1,214
Jan 2009022835.865.37$1,225
Dec 2008034637.105.98$2,068
Nov 2008058155.496.86$3,986
Oct 2008053375.246.92$3,689
Sep 20080583101.767.88$4,592
Aug 20080662114.228.48$5,616
Jul 20080479131.0811.39$5,456
Jun 20080570131.3313.03$7,429
May 20080557123.1711.57$6,447
Apr 20080673110.3110.45$7,036
Mar 20080737101.909.66$7,122
Feb 2008057292.538.77$5,017
Jan 2008047890.388.21$3,922
Dec 2007059588.337.30$4,345
Nov 2007061591.677.29$4,484
Oct 2007050882.856.92$3,516
Sep 2007064875.846.24$4,046
Aug 2007062169.066.39$3,967
Jul 2007066170.906.39$4,222
Jun 2007061062.007.55$4,605
May 2007055658.747.85$4,363
Apr 2007053959.617.81$4,207
Mar 2007056656.927.30$4,133
Feb 2007057955.108.22$4,757
Jan 2007058550.306.73$3,935
Dec 2006064756.656.92$4,476
Nov 2006049654.207.62$3,778
Oct 2006063354.906.01$3,807
Sep 2006050260.085.04$2,529
Aug 2006072568.717.34$5,321
Jul 2006063269.376.34$4,009
Jun 2006080266.286.38$5,120
May 2006049266.016.42$3,161
Apr 2006070164.397.36$5,160
Mar 2006065356.707.08$4,625
Feb 2006077057.597.75$5,968
Jan 2006072560.598.93$6,477
Dec 2005071254.9413.42$9,552
Nov 2005063154.6910.59$6,681
Oct 2005074958.3413.80$10,333
Sep 2005071361.4512.08$8,612
Aug 2005072361.519.80$7,083
Jul 2005073755.697.84$5,781
Jun 2005071552.337.38$5,277
May 2005087445.226.65$5,813
Apr 2005059149.207.36$4,350
Mar 2005048450.377.15$3,463
Feb 2005073445.226.31$4,633
Jan 2005057243.166.32$3,616
Dec 2004055939.866.75$3,774
Nov 2004064145.286.33$4,058
Oct 2004053749.706.52$3,499
Sep 2004057643.245.28$3,044
Aug 2004060042.375.55$3,330
Jul 2004058638.286.08$3,565
Jun 2004065036.106.43$4,181
May 2004057037.486.49$3,702
Apr 2004062434.475.86$3,656
Mar 2004064234.365.53$3,550
Feb 2004057132.455.51$3,146
Jan 2004058032.036.30$3,654
Dec 2003057330.266.30$3,611
Nov 2003051328.804.60$2,357
Oct 2003065628.174.76$3,122
Sep 2003068326.314.75$3,244
Aug 2003065629.765.13$3,365
Jul 2003061929.415.17$3,201
Jun 2003056328.565.98$3,368
May 2003073926.595.97$4,414
Apr 2003065426.675.41$3,536
Mar 2003074431.146.10$4,535
Feb 2003059133.487.93$4,684
Jan 2003066530.315.58$3,712
Dec 2002063026.914.85$3,058
Nov 2002081424.664.14$3,367
Oct 2002068226.464.23$2,884
Sep 2002067527.443.64$2,454
Aug 2002064925.963.16$2,054
Jul 2002075924.583.06$2,324
Jun 2002071123.733.34$2,373
May 2002023924.663.58$857
Apr 2002024123.653.51$846
Mar 2002021022.003.10$652
Feb 2002018918.222.38$449
Jan 2002017817.172.38$423
Dec 2001023016.932.36$544
Nov 2001023518.072.41$565
Oct 2001023119.782.53$584
Sep 2001022924.262.25$516
Aug 2001026824.873.05$818
Jul 2001025223.933.20$806
Jun 2001027824.563.82$1,063
May 2001024425.524.31$1,051
Apr 2001020924.685.34$1,115
Mar 2001021224.545.38$1,140
Feb 2001019627.755.77$1,130
Jan 2001019427.478.40$1,629
Dec 2000023426.889.12$2,135
Nov 2000022332.215.66$1,262
Oct 2000023331.235.15$1,199
Sep 2000024131.875.19$1,250
Aug 2000019329.644.54$876
Jul 2000023628.534.09$965
Jun 2000025529.304.40$1,121
May 2000021827.263.68$802
Apr 2000018524.513.12$576
Mar 2000025028.422.86$715
Feb 2000032127.622.73$875
Jan 2000019025.272.48$471
Dec 1999012724.282.42$308
Nov 1999014523.192.43$353
Oct 1999016620.982.80$465
Sep 1999014821.752.62$388
Aug 1999015519.262.88$446
Jul 1999015517.892.37$368
Jun 1999016515.942.36$390
May 1999018715.792.32$434
Apr 1999014815.102.21$327
Mar 1999011212.471.84$206
Feb 199901239.981.82$224
Jan 1999012710.381.90$241
Dec 199801069.201.77$188
Nov 1998010210.892.19$223
Oct 1998013712.421.97$270
Sep 1998012412.592.08$258
Aug 1998013511.301.91$257
Jul 1998010511.742.24$235
Jun 1998013311.242.24$298
May 1998012712.622.21$280
Apr 1998011813.042.51$296
Mar 1998012212.802.31$282
Feb 1998010013.952.30$230
Jan 1998012414.702.15$267
Dec 1997012816.322.41$309
Nov 1997016318.193.09$503
Oct 1997013619.253.15$428
Sep 1997012817.742.95$378
Aug 1997016817.862.55$429
Jul 1997012817.582.25$288
Jun 1997018317.242.26$413
May 1997018318.972.31$422
Apr 1997020917.882.08$435
Mar 1997017118.951.94$332
Feb 1997016620.492.21$366
Jan 1997017223.483.54$609
Dec 1996015623.32$0
Nov 1996014621.97$0
Oct 1996019723.31$0
Sep 1996018622.22$0
Aug 1996016020.26$0
Jul 1996022519.55$0
Jun 1996023918.73$0
May 1996025719.43$0
Apr 1996025721.51$0
Mar 1996024419.38$0
Feb 1996025116.98$0
Jan 1996029817.07$0
Dec 1995028817.19$0
Nov 1995029816.00$0
Oct 1995034715.43$0
Sep 1995033816.18$0
Aug 1995031215.92$0
Jul 199502815.24$0
Jun 1995014816.41$0
May 199508017.56$0
Apr 199509417.73$0
Mar 1995014216.44$0
Feb 1995016016.58$0
Jan 1995017315.92$0
Dec 1994034415.03$0
Nov 199401015.90$0
Oct 1994047215.58$0
Sep 1994081715.29$0
Aug 1994011816.13$0
Jul 1994018817.56$0
Jun 199405417.09$0
May 1994013415.88$0
Apr 1994013314.14$0
Mar 1994012312.46$0
Feb 1994014512.50$0
Jan 1994012612.66$0
Dec 1993013912.33$0
Nov 1993017514.49$0
Oct 199306515.85$0
Sep 1993010715.03$0
Aug 1993012115.66$0
Jul 1993015815.46$0
Jun 1993016416.79$0
May 1993014117.68$0
Apr 199308118.05$0
Mar 1993012818.14$0
Feb 1993014317.90$0
Jan 1993019716.93$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                  379 Mcf  × $  3.05 =     $1,154

────────────────────────────────────────────────────
Month total                                   $1,154

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/107681 is the state's own key, not one this site invented.