UNIVERSITY 31-7S

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 120397District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$549 k
Jan 1993 – May 2026
Value, last 12 filed months
$36 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
CondensateDisposition343 bbl$22,786
GasProduction149,259 Mcf$525,714
Total$548,500

22,713 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 30.6836, -101.4425. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.68360, -101.44255 · 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
9,292 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 9,292 ft.

Completions filed
Mar 1986
1 of 1 wells

1 well

42-1053523829,292 ftMar 1986

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 20261591106.413.05$1,907
Apr 202601698.932.87$46
Mar 2026236389.753.15$1,323
Feb 2026479563.503.75$3,236
Jan 2026148059.138.00$3,898
Dec 2025359556.664.41$2,796
Nov 2025290458.593.93$3,667
Oct 202531,39359.383.30$4,782
Sep 2025298262.743.08$3,147
Aug 202521,11363.933.01$3,483
Jul 202511,15566.743.32$3,896
Jun 202501,13066.483.13$3,535
May 202511,01460.553.23$3,338
Apr 2025185362.363.54$3,085
Mar 2025164067.704.27$2,799
Feb 2025178070.884.34$3,457
Jan 2025269274.324.28$3,109
Dec 2024234268.993.12$1,205
Nov 2024134269.052.20$821
Oct 2024235071.372.28$941
Sep 2024134069.612.36$873
Aug 2024123375.632.06$556
Jul 2024117079.932.15$445
Jun 2024214478.082.63$535
May 2024114478.812.20$395
Apr 2024236284.451.66$770
Mar 2024229280.301.55$612
Feb 2024229276.091.78$673
Jan 2024238173.023.30$1,402
Dec 2023343671.262.61$1,352
Nov 2023335277.892.81$1,222
Oct 2023125085.443.09$857
Sep 2023223689.042.74$824
Aug 2023129280.522.67$861
Jul 2023122574.852.64$669
Jun 2023127868.962.26$697
May 2023237770.622.23$981
Apr 2023334578.122.24$1,006
Mar 2023230572.852.39$876
Feb 2023225175.112.47$769
Jan 2023327176.533.39$1,148
Dec 2022116476.415.73$1,016
Nov 2022020485.005.65$1,152
Oct 2022137887.185.86$2,304
Sep 2022037384.888.16$3,045
Aug 2022128094.529.13$2,650
Jul 20220363101.587.54$2,738
Jun 20221321115.097.98$2,676
May 20221343109.378.43$3,002
Apr 20221331104.226.84$2,367
Mar 20221164108.885.08$941
Feb 2022222691.054.86$1,280
Jan 2022122081.844.54$1,080
Dec 2021226771.323.90$1,184
Nov 2021428177.435.24$1,781
Oct 2021225779.795.71$1,628
Sep 2021230269.865.35$1,756
Aug 2021221566.024.22$1,039
Jul 2021325770.783.98$1,236
Jun 2021230669.493.38$1,173
May 2021229063.483.02$1,002
Apr 2021521660.362.76$898
Mar 2021228961.302.72$908
Feb 2021127557.805.55$1,583
Jan 2021231050.412.81$972
Dec 2020320344.642.68$677
Nov 2020419338.772.71$677
Oct 2020117936.972.48$481
Sep 2020218637.091.99$445
Aug 2020127939.982.39$705
Jul 2020021638.371.83$394
Jun 2020025434.901.69$429
May 2020018316.921.81$332
Apr 202008714.751.80$157
Mar 2020039330.341.86$730
Feb 2020016849.881.98$333
Jan 2020238257.252.09$915
Dec 2019314259.012.30$504
Nov 2019326855.302.75$903
Oct 2019233753.472.42$922
Sep 2019153655.052.66$1,479
Aug 2019121153.112.30$539
Jul 2019020856.272.46$512
Jun 2019012252.782.49$304
May 2019025958.482.74$710
Apr 2019014362.632.75$393
Mar 2019116756.803.06$568
Feb 2019027350.852.79$762
Jan 2019130346.033.23$1,024
Dec 2018116346.594.19$729
Nov 2018131052.934.24$1,366
Oct 2018139261.443.40$1,393
Sep 2018120059.543.11$681
Aug 2018022359.403.07$684
Jul 2018029465.142.93$862
Jun 2018019060.183.08$585
May 2018024765.382.90$717
Apr 2018027363.842.90$792
Mar 2018022461.222.79$624
Feb 2018041061.782.77$1,134
Jan 2018031962.874.01$1,279
Dec 2017029657.272.92$865
Nov 2017022155.423.12$689
Oct 2017031549.292.98$940
Sep 2017072847.523.09$2,248
Aug 2017040945.373.00$1,229
Jul 2017026643.873.09$821
Jun 2017032442.493.09$1,000
May 2017073345.373.26$2,392
Apr 2017060647.933.21$1,946
Mar 2017047646.772.98$1,420
Feb 2017056450.452.95$1,665
Jan 2017059349.413.42$2,027
Dec 2016039648.763.72$1,474
Nov 2016038042.492.64$1,005
Oct 2016036846.193.09$1,137
Sep 2016030441.553.10$943
Aug 2016032541.442.92$950
Jul 2016033241.622.92$971
Jun 2016052145.352.69$1,399
May 2016039142.521.99$779
Apr 2016049536.561.99$986
Mar 2016023833.011.79$427
Feb 2016016426.472.06$338
Jan 2016021427.352.36$506
Dec 2015024232.362.00$484
Nov 2015033438.792.17$724
Oct 2015039543.552.43$959
Sep 2015036542.992.76$1,007
Aug 2015033040.162.87$948
Jul 2015031448.152.95$925
Jun 2015069656.152.88$2,006
May 2015097355.212.96$2,876
Apr 2015056649.822.71$1,532
Mar 2015099142.892.93$2,908
Feb 2015047444.662.98$1,411
Jan 2015030643.433.10$949
Dec 2014034254.693.59$1,228
Nov 2014036370.464.25$1,543
Oct 2014033478.303.90$1,303
Sep 2014073286.164.05$2,961
Aug 2014037689.394.04$1,517
Jul 2014042496.564.18$1,772
Jun 2014075998.164.74$3,595
May 2014091794.734.73$4,334
Apr 2014092695.944.81$4,453
Mar 2014078195.895.06$3,949
Feb 2014084797.406.19$5,245
Jan 2014052590.404.86$2,552
Dec 2013037691.824.35$1,637
Nov 2013042088.853.74$1,570
Oct 2013058897.423.78$2,222
Sep 20130543104.113.72$2,019
Aug 20130622104.253.52$2,191
Jul 20130476102.523.72$1,770
Jun 2013057794.403.93$2,270
May 2013025494.834.15$1,054
Apr 2013028093.964.28$1,199
Mar 2013021693.623.91$845
Feb 2013028391.233.42$968
Jan 2013031191.603.42$1,064
Dec 2012027286.773.42$930
Nov 2012031786.953.62$1,149
Oct 2012034989.383.40$1,186
Sep 2012033794.672.92$984
Aug 2012033592.662.91$974
Jul 2012025785.133.02$776
Jun 2012025679.822.52$645
May 2012043991.612.49$1,092
Apr 2012011101.652.00$22
Mar 20120260105.052.22$578
Feb 20120256101.102.57$658
Jan 2012027698.092.73$755
Dec 2011020796.873.24$671
Nov 2011011395.723.31$374
Oct 2011022284.983.65$810
Sep 2011017783.623.99$705
Aug 2011019183.404.15$793
Jul 2011719094.144.52$1,517
Jun 2011412392.904.64$942
May 2011412498.134.40$939
Apr 20116167105.964.33$1,359
Mar 2011820596.364.06$1,603
Feb 2011615985.644.18$1,178
Jan 2011816986.504.59$1,468
Dec 20101114185.734.35$1,556
Nov 20101221480.843.80$1,782
Oct 2010816078.103.51$1,186
Sep 20101315972.633.98$1,577
Aug 2010917073.684.42$1,414
Jul 2010710772.554.74$1,015
Jun 20101010070.364.91$1,195
May 20101312471.124.24$1,450
Apr 20101114581.694.12$1,496
Mar 20101715578.394.39$2,013
Feb 201009573.585.44$517
Jan 2010017374.365.96$1,032
Dec 2009013171.445.48$718
Nov 2009017774.593.75$664
Oct 2009021672.544.11$888
Sep 2009013265.543.06$405
Aug 2009014467.423.22$463
Jul 200909761.133.46$336
Jun 2009012466.163.90$483
May 2009024554.743.93$962
Apr 2009021946.773.59$786
Mar 2009019842.144.06$804
Feb 2009016332.814.63$755
Jan 2009013335.865.37$714
Dec 2008013337.105.98$795
Nov 2008020755.496.86$1,420
Oct 2008020475.246.92$1,412
Sep 20080233101.767.88$1,835
Aug 20080208114.228.48$1,764
Jul 20080265131.0811.39$3,018
Jun 20080233131.3313.03$3,037
May 20080197123.1711.57$2,280
Apr 20080317110.3110.45$3,314
Mar 20080196101.909.66$1,894
Feb 2008018292.538.77$1,596
Jan 2008028790.388.21$2,355
Dec 2007029588.337.30$2,154
Nov 2007029991.677.29$2,180
Oct 2007024282.856.92$1,675
Sep 2007023675.846.24$1,474
Aug 2007025869.066.39$1,648
Jul 2007028170.906.39$1,795
Jun 2007022562.007.55$1,698
May 2007036358.747.85$2,848
Apr 2007028159.617.81$2,193
Mar 2007022056.927.30$1,606
Feb 2007056655.108.22$4,650
Jan 2007029250.306.73$1,964
Dec 2006029056.656.92$2,006
Nov 2006041154.207.62$3,131
Oct 2006033054.906.01$1,985
Sep 2006046860.085.04$2,357
Aug 2006037968.717.34$2,782
Jul 2006028669.376.34$1,814
Jun 2006035166.286.38$2,241
May 2006034966.016.42$2,242
Apr 2006041764.397.36$3,069
Mar 2006038656.707.08$2,734
Feb 2006032557.597.75$2,519
Jan 2006042660.598.93$3,806
Dec 2005038654.9413.42$5,178
Nov 2005031354.6910.59$3,314
Oct 2005033958.3413.80$4,677
Sep 2005026661.4512.08$3,213
Aug 2005030161.519.80$2,949
Jul 2005030955.697.84$2,424
Jun 2005033952.337.38$2,502
May 2005042345.226.65$2,813
Apr 2005033149.207.36$2,436
Mar 2005024450.377.15$1,746
Feb 2005035945.226.31$2,266
Jan 2005045843.166.32$2,896
Dec 2004044839.866.75$3,024
Nov 2004033145.286.33$2,095
Oct 2004030649.706.52$1,994
Sep 2004030243.245.28$1,596
Aug 2004035242.375.55$1,954
Jul 2004023738.286.08$1,442
Jun 2004022236.106.43$1,428
May 2004025437.486.49$1,650
Apr 2004032234.475.86$1,886
Mar 2004038234.365.53$2,113
Feb 2004040932.455.51$2,253
Jan 2004031132.036.30$1,959
Dec 2003036030.266.30$2,269
Nov 2003031228.804.60$1,434
Oct 2003027228.174.76$1,295
Sep 2003047426.314.75$2,251
Aug 2003036429.765.13$1,867
Jul 2003021629.415.17$1,117
Jun 2003045628.565.98$2,728
May 2003028926.595.97$1,726
Apr 2003030526.675.41$1,649
Mar 2003051931.146.10$3,164
Feb 2003028333.487.93$2,243
Jan 2003038730.315.58$2,160
Dec 2002044926.914.85$2,179
Nov 2002045724.664.14$1,891
Oct 2002033326.464.23$1,408
Sep 2002057727.443.64$2,098
Aug 2002028025.963.16$886
Jul 2002038524.583.06$1,179
Jun 2002049023.733.34$1,636
May 2002058724.663.58$2,104
Apr 2002032923.653.51$1,156
Mar 2002045422.003.10$1,409
Feb 2002048518.222.38$1,152
Jan 2002050717.172.38$1,204
Dec 2001034116.932.36$806
Nov 2001035418.072.41$852
Oct 2001046019.782.53$1,163
Sep 2001053324.262.25$1,200
Aug 2001051924.873.05$1,585
Jul 2001049123.933.20$1,570
Jun 2001043224.563.82$1,652
May 2001042125.524.31$1,813
Apr 2001042724.685.34$2,278
Mar 2001062924.545.38$3,382
Feb 2001053427.755.77$3,080
Jan 2001061227.478.40$5,140
Dec 2000046126.889.12$4,205
Nov 2000043632.215.66$2,467
Oct 2000043031.235.15$2,213
Sep 2000046331.875.19$2,401
Aug 2000045529.644.54$2,066
Jul 2000036128.534.09$1,476
Jun 2000066229.304.40$2,911
May 2000055827.263.68$2,053
Apr 2000052524.513.12$1,636
Mar 2000077528.422.86$2,216
Feb 2000065827.622.73$1,794
Jan 2000072725.272.48$1,803
Dec 1999046824.282.42$1,134
Nov 1999052823.192.43$1,285
Oct 1999056820.982.80$1,593
Sep 1999033921.752.62$888
Aug 1999041719.262.88$1,199
Jul 1999037917.892.37$899
Jun 1999028815.942.36$680
May 1999036515.792.32$847
Apr 1999026015.102.21$574
Mar 1999735212.471.84$734
Feb 199903419.981.82$620
Jan 1999055510.381.90$1,054
Dec 199803419.201.77$605
Nov 1998030310.892.19$662
Oct 1998038312.421.97$754
Sep 1998032912.592.08$685
Aug 1998035511.301.91$677
Jul 1998035011.742.24$783
Jun 1998040711.242.24$911
May 1998045312.622.21$999
Apr 1998026313.042.51$659
Mar 1998037112.802.31$857
Feb 1998024413.952.30$561
Jan 1998043214.702.15$931
Dec 1997039416.322.41$950
Nov 1997059618.193.09$1,841
Oct 1997058919.253.15$1,855
Sep 1997040617.742.95$1,200
Aug 1997010117.862.55$258
Jul 1997013517.582.25$303
Jun 1997015317.242.26$345
May 1997010718.972.31$247
Apr 1997044117.882.08$919
Mar 1997032218.951.94$624
Feb 1997032220.492.21$710
Jan 1997034723.483.54$1,228
Dec 1996051623.32$0
Nov 1996038821.97$0
Oct 1996049023.31$0
Sep 1996063722.22$0
Aug 1996060020.26$0
Jul 1996037519.55$0
Jun 1996014918.73$0
May 1996031319.43$0
Apr 1996035021.51$0
Mar 1996064019.38$0
Feb 1996074816.98$0
Jan 1996017317.07$0
Dec 1995676617.19$103
Nov 1995115216.00$16
Oct 1995549315.43$77
Sep 1995469316.18$65
Aug 1995560215.92$80
Jul 1995233015.24$30
Jun 1995044816.41$0
May 1995065017.56$0
Apr 1995029217.73$0
Mar 1995012416.44$0
Feb 1995017816.58$0
Jan 1995024515.92$0
Dec 1994040315.03$0
Nov 1994041915.90$0
Oct 1994049115.58$0
Sep 1994031215.29$0
Aug 1994050116.13$0
Jul 1994052617.56$0
Jun 1994061217.09$0
May 199401,53415.88$0
Apr 1994080414.14$0
Mar 1994059412.46$0
Feb 1994033812.50$0
Jan 1994019512.66$0
Dec 1993027812.33$0
Nov 1993050014.49$0
Oct 1993020715.85$0
Sep 1993044615.03$0
Aug 1993048815.66$0
Jul 1993033415.46$0
Jun 1993438216.79$67
May 1993563317.68$88
Apr 1993446418.05$72
Mar 1993368018.14$54
Feb 1993477417.90$72
Jan 1993144616.93$17

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             1 bbl  × $106.41 =       $106
Gas                  591 Mcf  × $  3.05 =     $1,800

────────────────────────────────────────────────────
Month total                                   $1,907

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/120397 is the state's own key, not one this site invented.