UNIVERSITY 31-7

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 120660District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$2.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$6 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
CondensateDisposition2,286 bbl$159,838
GasProduction778,791 Mcf$2,000,032
Total$2,159,870

289,073 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 30.6893, -101.4390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.68930, -101.43905 · 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
9,277 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 9,277 ft.

Completions filed
Feb 1986
1 of 1 wells

1 well

42-1053522519,277 ftFeb 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 20260110106.413.05$335
Apr 20260198.932.87$3
Mar 202605289.753.15$164
Feb 2026013763.503.75$514
Jan 2026018959.138.00$1,512
Dec 2025014156.664.41$622
Nov 2025013358.593.93$522
Oct 2025018759.383.30$618
Sep 2025015062.743.08$462
Aug 2025016363.933.01$491
Jul 2025016866.743.32$557
Jun 2025013566.483.13$422
May 2025013460.553.23$433
Apr 2025010862.363.54$383
Mar 2025012667.704.27$538
Feb 2025015870.884.34$686
Jan 2025015474.324.28$659
Dec 2024011268.993.12$350
Nov 2024011269.052.20$246
Oct 202409771.372.28$221
Sep 2024010969.612.36$258
Aug 2024011075.632.06$227
Jul 2024014379.932.15$307
Jun 202409678.082.63$253
May 202409678.812.20$211
Apr 2024013284.451.66$219
Mar 2024010080.301.55$155
Feb 2024010076.091.78$178
Jan 2024013173.023.30$432
Dec 2023015971.262.61$415
Nov 2023013477.892.81$376
Oct 2023011785.443.09$361
Sep 202309689.042.74$263
Aug 2023010880.522.67$289
Jul 2023010074.852.64$264
Jun 2023012868.962.26$289
May 2023013570.622.23$301
Apr 2023014978.122.24$333
Mar 2023013172.852.39$314
Feb 2023012675.112.47$311
Jan 2023010976.533.39$369
Dec 2022011276.415.73$642
Nov 2022010085.005.65$565
Oct 2022012487.185.86$727
Sep 2022011584.888.16$939
Aug 202209494.529.13$858
Jul 20220147101.587.54$1,109
Jun 20220109115.097.98$870
May 20220109109.378.43$919
Apr 20220139104.226.84$950
Mar 20220160108.885.08$812
Feb 2022014991.054.86$724
Jan 2022017181.844.54$776
Dec 2021014371.323.90$558
Nov 2021016177.435.24$843
Oct 2021014279.795.71$811
Sep 2021018269.865.35$974
Aug 2021015966.024.22$671
Jul 2021015470.783.98$613
Jun 2021012569.493.38$423
May 2021019863.483.02$598
Apr 2021027460.362.76$756
Mar 2021032961.302.72$894
Feb 2021033757.805.55$1,870
Jan 2021032650.412.81$916
Dec 2020025344.642.68$677
Nov 2020025738.772.71$696
Oct 2020023836.972.48$590
Sep 2020016137.091.99$321
Aug 2020019339.982.39$460
Jul 2020019138.371.83$349
Jun 2020026034.901.69$439
May 2020028216.921.81$512
Apr 202007014.751.80$126
Mar 2020057330.341.86$1,064
Feb 2020052049.881.98$1,030
Jan 2020067757.252.09$1,418
Dec 2019062959.012.30$1,449
Nov 2019075055.302.75$2,063
Oct 2019083953.472.42$2,029
Sep 2019067355.052.66$1,788
Aug 2019041953.112.30$966
Jul 2019048256.272.46$1,186
Jun 2019013052.782.49$324
May 2019069958.482.74$1,915
Apr 2019049962.632.75$1,373
Mar 2019088956.803.06$2,722
Feb 2019084850.852.79$2,368
Jan 2019096046.033.23$3,099
Dec 2018089346.594.19$3,738
Nov 2018091052.934.24$3,856
Oct 201801,35761.443.40$4,611
Sep 2018092559.543.11$2,875
Aug 201801,51259.403.07$4,637
Jul 201801,10265.142.93$3,231
Jun 2018090560.183.08$2,785
May 2018076865.382.90$2,228
Apr 2018090863.842.90$2,634
Mar 2018089161.222.79$2,483
Feb 2018085061.782.77$2,351
Jan 201801,12662.874.01$4,514
Dec 2017070257.272.92$2,051
Nov 2017079355.423.12$2,473
Oct 201701,13749.292.98$3,392
Sep 201701,28447.523.09$3,964
Aug 201701,35345.373.00$4,065
Jul 201701,05143.873.09$3,245
Jun 201701,92842.493.09$5,952
May 201703,03045.373.26$9,888
Apr 201701,84547.933.21$5,925
Mar 201701,53646.772.98$4,583
Feb 201702,13350.452.95$6,298
Jan 201701,98149.413.42$6,773
Dec 201601,56848.763.72$5,837
Nov 201601,20542.492.64$3,186
Oct 201601,60046.193.09$4,944
Sep 201601,84341.553.10$5,714
Aug 201601,38741.442.92$4,056
Jul 2016048341.622.92$1,412
Jun 201602,76445.352.69$7,424
May 201602,50242.521.99$4,982
Apr 201601,81536.561.99$3,614
Mar 2016042833.011.79$768
Feb 2016084926.472.06$1,752
Jan 201601,17127.352.36$2,769
Dec 201501,30132.362.00$2,604
Nov 201501,25538.792.17$2,720
Oct 201501,07643.552.43$2,611
Sep 2015092642.992.76$2,554
Aug 201501,63940.162.87$4,708
Jul 201501,30348.152.95$3,837
Jun 201501,66256.152.88$4,791
May 201502,08055.212.96$6,147
Apr 201501,75749.822.71$4,755
Mar 201501,55042.892.93$4,549
Feb 201501,83344.662.98$5,455
Jan 201561,84443.433.10$5,978
Dec 20142089354.693.59$4,301
Nov 20141679370.464.25$4,499
Oct 2014171,66478.303.90$7,822
Sep 2014132,13286.164.05$9,745
Aug 2014121,71489.394.04$7,989
Jul 201462,16596.564.18$9,628
Jun 201401,96498.164.74$9,303
May 201402,35294.734.73$11,117
Apr 201402,10595.944.81$10,123
Mar 201402,44695.895.06$12,369
Feb 201402,01697.406.19$12,483
Jan 201401,92890.404.86$9,371
Dec 201301,98791.824.35$8,652
Nov 201301,76288.853.74$6,587
Oct 201301,29997.423.78$4,909
Sep 20130971104.113.72$3,610
Aug 20130727104.253.52$2,561
Jul 20130802102.523.72$2,982
Jun 2013062694.403.93$2,462
May 2013052294.834.15$2,166
Apr 2013046993.964.28$2,009
Mar 2013044593.623.91$1,741
Feb 2013042491.233.42$1,450
Jan 2013075291.603.42$2,572
Dec 2012062186.773.42$2,124
Nov 2012051686.953.62$1,870
Oct 2012058689.383.40$1,992
Sep 2012082094.672.92$2,393
Aug 2012086292.662.91$2,507
Jul 2012086085.133.02$2,598
Jun 2012051179.822.52$1,287
May 2012094391.612.49$2,346
Apr 201201,016101.652.00$2,029
Mar 20120658105.052.22$1,462
Feb 20120397101.102.57$1,020
Jan 2012039598.092.73$1,080
Dec 2011050396.873.24$1,630
Nov 2011064995.723.31$2,149
Oct 2011055184.983.65$2,010
Sep 2011052883.623.99$2,105
Aug 2011056583.404.15$2,344
Jul 2011033594.144.52$1,513
Jun 2011082092.904.64$3,805
May 2011061998.134.40$2,727
Apr 20110439105.964.33$1,902
Mar 2011097996.364.06$3,972
Feb 201101,01985.644.18$4,259
Jan 201101,21886.504.59$5,589
Dec 201001,00485.734.35$4,365
Nov 2010054080.843.80$2,049
Oct 201001,31678.103.51$4,618
Sep 201001,46572.633.98$5,830
Aug 201001,53573.684.42$6,784
Jul 201001,50272.554.74$7,114
Jun 201031,32070.364.91$6,693
May 201031,18771.124.24$5,241
Apr 201091,49781.694.12$6,907
Mar 201001,53378.394.39$6,728
Feb 2010141,17273.585.44$7,409
Jan 2010321,26774.365.96$9,936
Dec 2009171,19971.445.48$7,790
Nov 2009301,40174.593.75$7,494
Oct 2009501,49572.544.11$9,772
Sep 2009251,45165.543.06$6,085
Aug 2009301,46267.423.22$6,728
Jul 20091998961.133.46$4,588
Jun 2009201,60266.163.90$7,563
May 2009411,64254.743.93$8,690
Apr 2009401,58446.773.59$7,553
Mar 2009671,69642.144.06$9,707
Feb 2009641,79132.814.63$10,398
Jan 2009821635.865.37$1,447
Dec 2008618937.105.98$1,352
Nov 2008516155.496.86$1,382
Oct 2008421,12375.246.92$10,933
Sep 2008301,120101.767.88$11,875
Aug 2008291,028114.228.48$12,033
Jul 2008431,364131.0811.39$21,172
Jun 200817891131.3313.03$13,845
May 200823907123.1711.57$13,331
Apr 2008371,258110.3110.45$17,234
Mar 2008551,232101.909.66$17,511
Feb 2008571,13892.538.77$15,255
Jan 2008531,64790.388.21$18,305
Dec 2007761,70688.337.30$19,170
Nov 2007991,85591.677.29$22,601
Oct 2007601,72282.856.92$16,891
Sep 2007641,87475.846.24$16,555
Aug 2007872,03569.066.39$19,008
Jul 2007441,35570.906.39$11,775
Jun 2007581,40462.007.55$14,194
May 2007771,95458.747.85$19,855
Apr 20071111,74759.617.81$20,252
Mar 2007571,11556.927.30$11,386
Feb 2007601,33655.108.22$14,283
Jan 2007791,24950.306.73$12,376
Dec 2006991,78556.656.92$17,958
Nov 20061051,77254.207.62$19,189
Oct 2006901,83254.906.01$15,958
Sep 2006232,36360.085.04$13,285
Aug 2006241,76868.717.34$14,626
Jul 2006141,98469.376.34$13,555
Jun 2006181,94766.286.38$13,622
May 2006322,27566.016.42$16,729
Apr 2006221,84364.397.36$14,982
Mar 200601,87256.707.08$13,259
Feb 200601,72157.597.75$13,340
Jan 200602,46460.598.93$22,012
Dec 200501,88354.9413.42$25,261
Nov 200501,79654.6910.59$19,017
Oct 200502,37258.3413.80$32,724
Sep 200501,85661.4512.08$22,419
Aug 200501,93261.519.80$18,927
Jul 200502,22355.697.84$17,436
Jun 200501,89552.337.38$13,987
May 200502,07945.226.65$13,828
Apr 200501,47549.207.36$10,857
Mar 2005091050.377.15$6,511
Feb 200501,25945.226.31$7,947
Jan 200501,47943.166.32$9,351
Dec 200401,44539.866.75$9,755
Nov 2004077945.286.33$4,931
Oct 200401,11349.706.52$7,251
Sep 200401,37043.245.28$7,239
Aug 2004089642.375.55$4,973
Jul 2004070238.286.08$4,271
Jun 2004075036.106.43$4,825
May 200401,01237.486.49$6,573
Apr 200401,29034.475.86$7,557
Mar 200401,61934.365.53$8,953
Feb 200401,48432.455.51$8,176
Jan 200401,00832.036.30$6,350
Dec 200301,26530.266.30$7,972
Nov 200301,30528.804.60$5,997
Oct 200301,23228.174.76$5,864
Sep 200301,79826.314.75$8,539
Aug 200301,05329.765.13$5,402
Jul 2003093329.415.17$4,824
Jun 200301,24128.565.98$7,425
May 200301,10026.595.97$6,570
Apr 2003090126.675.41$4,872
Mar 200301,30131.146.10$7,931
Feb 200301,05833.487.93$8,386
Jan 200301,50530.315.58$8,401
Dec 200201,41726.914.85$6,878
Nov 200201,37124.664.14$5,672
Oct 200201,34726.464.23$5,697
Sep 200201,60927.443.64$5,849
Aug 2002084525.963.16$2,674
Jul 200201,00224.583.06$3,068
Jun 200201,07623.733.34$3,592
May 200201,17224.663.58$4,200
Apr 2002072623.653.51$2,550
Mar 200201,28822.003.10$3,996
Feb 2002088518.222.38$2,102
Jan 200201,17417.172.38$2,789
Dec 200101,16116.932.36$2,745
Nov 200102,00818.072.41$4,830
Oct 200102,84919.782.53$7,205
Sep 200102,32124.262.25$5,225
Aug 200102,13124.873.05$6,506
Jul 200102,26023.933.20$7,225
Jun 200102,52124.563.82$9,641
May 200102,40225.524.31$10,346
Apr 200101,66724.685.34$8,894
Mar 200102,08224.545.38$11,194
Feb 200101,63427.755.77$9,423
Jan 200102,54027.478.40$21,333
Dec 200001,63226.889.12$14,888
Nov 200002,24732.215.66$12,714
Oct 200001,65231.235.15$8,500
Sep 200001,81931.875.19$9,434
Aug 200003,05929.644.54$13,890
Jul 200002,86728.534.09$11,725
Jun 2000182,13629.304.40$9,920
May 200002,09027.263.68$7,691
Apr 200003,29024.513.12$10,252
Mar 200003,26728.422.86$9,343
Feb 200002,89127.622.73$7,882
Jan 200003,33225.272.48$8,265
Dec 199903,00324.282.42$7,278
Nov 199902,54123.192.43$6,185
Oct 199903,60720.982.80$10,113
Sep 199903,17521.752.62$8,315
Aug 199902,87319.262.88$8,262
Jul 199903,44017.892.37$8,161
Jun 199903,04015.942.36$7,181
May 199903,43415.792.32$7,970
Apr 199902,65415.102.21$5,860
Mar 199902,74312.471.84$5,043
Feb 199902,2979.981.82$4,175
Jan 199902,65410.381.90$5,042
Dec 199801,7559.201.77$3,112
Nov 199803,44410.892.19$7,528
Oct 199803,94112.421.97$7,761
Sep 199803,69112.592.08$7,687
Aug 199803,91811.301.91$7,473
Jul 199804,37911.742.24$9,797
Jun 199804,27211.242.24$9,558
May 199804,22112.622.21$9,313
Apr 199804,29513.042.51$10,760
Mar 199804,60812.802.31$10,642
Feb 199804,31013.952.30$9,909
Jan 199804,97114.702.15$10,711
Dec 1997105,41616.322.41$13,222
Nov 199704,87918.193.09$15,068
Oct 199704,92219.253.15$15,503
Sep 199704,90417.742.95$14,491
Aug 199704,91417.862.55$12,554
Jul 199705,27117.582.25$11,844
Jun 199705,39917.242.26$12,187
May 199705,53418.972.31$12,775
Apr 199705,72417.882.08$11,922
Mar 199705,87518.951.94$11,392
Feb 199705,19920.492.21$11,468
Jan 199705,66823.483.54$20,063
Dec 199606,00823.32$0
Nov 199605,94321.97$0
Oct 199606,76323.31$0
Sep 199606,08622.22$0
Aug 199606,57120.26$0
Jul 199605,24319.55$0
Jun 199604,84418.73$0
May 199605,08419.43$0
Apr 199602,39821.51$0
Mar 199606,54419.38$0
Feb 199605,95316.98$0
Jan 199607,53317.07$0
Dec 199505,88717.19$0
Nov 199505,31816.00$0
Oct 199506,23315.43$0
Sep 199504,99216.18$0
Aug 199505,48515.92$0
Jul 199506,11515.24$0
Jun 199507,05916.41$0
May 199506,88117.56$0
Apr 199506,31817.73$0
Mar 199505,20216.44$0
Feb 199504,72216.58$0
Jan 199506,49015.92$0
Dec 199406,07015.03$0
Nov 199403,84115.90$0
Oct 199406,75215.58$0
Sep 199405,16115.29$0
Aug 199406,81116.13$0
Jul 199406,59017.56$0
Jun 199403,93617.09$0
May 199405,56815.88$0
Apr 199406,17214.14$0
Mar 199406,44012.46$0
Feb 199406,15012.50$0
Jan 199406,72712.66$0
Dec 199307,10012.33$0
Nov 199308,47014.49$0
Oct 199302,63015.85$0
Sep 199305,75315.03$0
Aug 199306,36815.66$0
Jul 199304,65315.46$0
Jun 199306,40916.79$0
May 199307,42117.68$0
Apr 199307,24918.05$0
Mar 199307,83218.14$0
Feb 199307,50417.90$0
Jan 199307,79416.93$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                  110 Mcf  × $  3.05 =       $335

────────────────────────────────────────────────────
Month total                                     $335

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/120660 is the state's own key, not one this site invented.