UNIVERSITY 32-14

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 123970District 7CField 92626600NGPA filingGasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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
GasProduction539,822 Mcf$1,913,313
Total$1,913,313

58,043 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 30.6523, -101.3896. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65229, -101.38962 · 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
8,945 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 8,945 ft.

Completions filed
Jan 1987
1 of 1 wells

1 well

42-105353093 C8,945 ftJan 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 2026759106.413.05$2,312
Apr 20261098.932.87$29
Mar 202636589.753.15$1,150
Feb 20261,29763.503.75$4,864
Jan 202657159.138.00$4,567
Dec 202586756.664.41$3,826
Nov 20251,44458.593.93$5,670
Oct 202584059.383.30$2,776
Sep 20251,30662.743.08$4,018
Aug 20251,56263.933.01$4,709
Jul 20251,97366.743.32$6,541
Jun 20251,66166.483.13$5,197
May 20251,95860.553.23$6,329
Apr 20251,40662.363.54$4,982
Mar 20252,14767.704.27$9,164
Feb 20252,46970.884.34$10,718
Jan 20251,69674.324.28$7,257
Dec 20241,75268.993.12$5,469
Nov 20241,75269.052.20$3,852
Oct 20241,69571.372.28$3,867
Sep 20241,41069.612.36$3,334
Aug 20241,33375.632.06$2,751
Jul 20241,44379.932.15$3,098
Jun 20241,47178.082.63$3,875
May 20241,47178.812.20$3,234
Apr 20241,20784.451.66$2,003
Mar 20241,00380.301.55$1,550
Feb 20241,00376.091.78$1,789
Jan 20241,56573.023.30$5,161
Dec 20231,65671.262.61$4,323
Nov 20231,70877.892.81$4,795
Oct 20231,33485.443.09$4,118
Sep 20231,22589.042.74$3,350
Aug 20231,53480.522.67$4,100
Jul 20231,40274.852.64$3,704
Jun 20231,40568.962.26$3,173
May 20231,52270.622.23$3,390
Apr 20232,17978.122.24$4,876
Mar 20232,40472.852.39$5,753
Feb 20232,10375.112.47$5,185
Jan 20231,98576.533.39$6,725
Dec 20222,37576.415.73$13,607
Nov 20221,98085.005.65$11,179
Oct 20222,35787.185.86$13,821
Sep 20221,93084.888.16$15,756
Aug 20221,93094.529.13$17,615
Jul 20222,668101.587.54$20,122
Jun 20222,160115.097.98$17,231
May 20222,226109.378.43$18,772
Apr 20222,103104.226.84$14,379
Mar 20222,712108.885.08$13,767
Feb 20221,93291.054.86$9,387
Jan 20221,89781.844.54$8,608
Dec 20212,63371.323.90$10,266
Nov 20212,27177.435.24$11,893
Oct 20212,00879.795.71$11,473
Sep 20212,22069.865.35$11,879
Aug 20212,04566.024.22$8,631
Jul 20212,14970.783.98$8,557
Jun 20211,99669.493.38$6,748
May 20212,29863.483.02$6,935
Apr 20211,75360.362.76$4,836
Mar 20211,63661.302.72$4,445
Feb 20211,64357.805.55$9,115
Jan 20211,83150.412.81$5,146
Dec 20201,62644.642.68$4,350
Nov 20201,83938.772.71$4,977
Oct 20201,83636.972.48$4,550
Sep 20201,24837.091.99$2,485
Aug 20201,64339.982.39$3,919
Jul 20202,07538.371.83$3,787
Jun 20201,94934.901.69$3,294
May 20201,44116.921.81$2,615
Apr 202033314.751.80$601
Mar 20201,85630.341.86$3,445
Feb 20201,82549.881.98$3,615
Jan 20201,84957.252.09$3,873
Dec 20191,25859.012.30$2,899
Nov 201999655.302.75$2,740
Oct 20191,49153.472.42$3,606
Sep 20191,45455.052.66$3,864
Aug 20191,17653.112.30$2,710
Jul 201941156.272.46$1,011
Jun 201915052.782.49$374
May 201967658.482.74$1,852
Apr 201967362.632.75$1,851
Mar 20191,54856.803.06$4,740
Feb 20191,60550.852.79$4,482
Jan 20191,32446.033.23$4,274
Dec 20181,20146.594.19$5,027
Nov 201872952.934.24$3,089
Oct 20181,13461.443.40$3,853
Sep 20181,14659.543.11$3,562
Aug 20182,07059.403.07$6,348
Jul 20181,81365.142.93$5,316
Jun 20181,58160.183.08$4,865
May 20182,02165.382.90$5,863
Apr 20181,63063.842.90$4,728
Mar 20181,43561.222.79$3,999
Feb 20181,25061.782.77$3,458
Jan 20181,50562.874.01$6,034
Dec 20171,95357.272.92$5,706
Nov 20171,56555.423.12$4,880
Oct 20171,52749.292.98$4,556
Sep 20171,62447.523.09$5,014
Aug 20171,59245.373.00$4,783
Jul 20171,65943.873.09$5,122
Jun 20171,66742.493.09$5,147
May 20172,02745.373.26$6,615
Apr 20171,97447.933.21$6,340
Mar 20171,97646.772.98$5,896
Feb 20171,90850.452.95$5,634
Jan 20171,72549.413.42$5,897
Dec 20161,60248.763.72$5,964
Nov 20163,27442.492.64$8,658
Oct 20162,43546.193.09$7,525
Sep 20161,96841.553.10$6,102
Aug 20162,67341.442.92$7,817
Jul 20163,08341.622.92$9,016
Jun 20161,63845.352.69$4,399
May 20161,29542.521.99$2,578
Apr 20162,46536.561.99$4,908
Mar 20161,50033.011.79$2,691
Feb 20167,65626.472.06$15,799
Jan 20161,12127.352.36$2,650
Dec 20151,27932.362.00$2,560
Nov 20151,71338.792.17$3,713
Oct 20152,33743.552.43$5,671
Sep 20152,93642.992.76$8,099
Aug 20153,06840.162.87$8,813
Jul 20152,73248.152.95$8,046
Jun 20151,88256.152.88$5,426
May 20152,81055.212.96$8,305
Apr 20153,30149.822.71$8,934
Mar 20153,09942.892.93$9,095
Feb 20153,03444.662.98$9,030
Jan 20155,98443.433.10$18,554
Dec 20145,64554.693.59$20,273
Nov 20145,94270.464.25$25,264
Oct 20146,25978.303.90$24,416
Sep 20144,03986.164.05$16,340
Aug 20144,15789.394.04$16,774
Jul 20144,77396.564.18$19,949
Jun 20144,20298.164.74$19,904
May 20144,52494.734.73$21,383
Apr 20144,10195.944.81$19,722
Mar 20144,75795.895.06$24,055
Feb 20144,79797.406.19$29,703
Jan 20143,39090.404.86$16,478
Dec 20133,57591.824.35$15,567
Nov 20133,78888.853.74$14,161
Oct 20133,39697.423.78$12,835
Sep 20134,112104.113.72$15,287
Aug 20133,347104.253.52$11,790
Jul 20132,487102.523.72$9,246
Jun 20131,62094.403.93$6,372
May 201354394.834.15$2,253
Apr 201369793.964.28$2,985
Mar 201370493.623.91$2,755
Feb 201362891.233.42$2,148
Jan 201376091.603.42$2,599
Dec 201253286.773.42$1,820
Nov 201268986.953.62$2,498
Oct 201297989.383.40$3,328
Sep 201292494.672.92$2,697
Aug 20121,21392.662.91$3,528
Jul 20121,15285.133.02$3,480
Jun 20121,09479.822.52$2,756
May 20121,27191.612.49$3,163
Apr 20121,393101.652.00$2,782
Mar 20121,674105.052.22$3,720
Feb 20123,574101.102.57$9,186
Jan 20124,55098.092.73$12,440
Dec 20113,09996.873.24$10,040
Nov 20111,56495.723.31$5,179
Oct 20111,88084.983.65$6,859
Sep 20112,23683.623.99$8,912
Aug 20113,13283.404.15$12,996
Jul 20113,31194.144.52$14,957
Jun 20112,86692.904.64$13,298
May 201149098.134.40$2,158
Apr 2011510105.964.33$2,210
Mar 201154196.364.06$2,195
Feb 201143385.644.18$1,810
Jan 201182286.504.59$3,772
Dec 201099885.734.35$4,339
Nov 20101,00980.843.80$3,829
Oct 201089678.103.51$3,144
Sep 201091572.633.98$3,641
Aug 20101,10373.684.42$4,875
Jul 201095272.554.74$4,509
Jun 201076870.364.91$3,771
May 201083071.124.24$3,515
Apr 201073481.694.12$3,026
Mar 201084678.394.39$3,713
Feb 201064473.585.44$3,505
Jan 201089074.365.96$5,308
Dec 200975871.445.48$4,157
Nov 200992274.593.75$3,459
Oct 200996972.544.11$3,983
Sep 200988465.543.06$2,709
Aug 200987167.423.22$2,803
Jul 200964361.133.46$2,228
Jun 200992066.163.90$3,583
May 200991154.743.93$3,576
Apr 200993446.773.59$3,351
Mar 20091,08242.144.06$4,392
Feb 20091,15132.814.63$5,333
Jan 20091,12635.865.37$6,048
Dec 20081,28137.105.98$7,657
Nov 20081,24755.496.86$8,555
Oct 20081,20475.246.92$8,334
Sep 20081,100101.767.88$8,665
Aug 20081,567114.228.48$13,293
Jul 20081,705131.0811.39$19,419
Jun 20081,868131.3313.03$24,345
May 20082,143123.1711.57$24,804
Apr 20081,055110.3110.45$11,030
Mar 2008141101.909.66$1,363
Feb 200845192.538.77$3,956
Jan 200848290.388.21$3,955
Dec 200747288.337.30$3,447
Nov 200750691.677.29$3,690
Oct 200751882.856.92$3,586
Sep 200737475.846.24$2,335
Aug 200735169.066.39$2,242
Jul 200752470.906.39$3,347
Jun 200745562.007.55$3,435
May 200748258.747.85$3,782
Apr 200741059.617.81$3,200
Mar 200748956.927.30$3,571
Feb 200738055.108.22$3,122
Jan 200737550.306.73$2,523
Dec 200626356.656.92$1,820
Nov 200637154.207.62$2,826
Oct 200645554.906.01$2,736
Sep 200642060.085.04$2,116
Aug 200644468.717.34$3,259
Jul 200645169.376.34$2,861
Jun 200634266.286.38$2,183
May 200638766.016.42$2,486
Apr 200644364.397.36$3,261
Mar 200652556.707.08$3,719
Feb 200666857.597.75$5,178
Jan 200631160.598.93$2,778
Dec 200550754.9413.42$6,802
Nov 200557554.6910.59$6,088
Oct 200559358.3413.80$8,181
Sep 200566061.4512.08$7,972
Aug 200562261.519.80$6,094
Jul 200570055.697.84$5,491
Jun 200552352.337.38$3,860
May 200560745.226.65$4,037
Apr 200562949.207.36$4,630
Mar 200562550.377.15$4,472
Feb 200557345.226.31$3,617
Jan 200567643.166.32$4,274
Dec 200466139.866.75$4,462
Nov 200463345.286.33$4,007
Oct 200465549.706.52$4,267
Sep 200467743.245.28$3,577
Aug 200468642.375.55$3,808
Jul 200475238.286.08$4,575
Jun 200468636.106.43$4,413
May 200472037.486.49$4,676
Apr 200468534.475.86$4,013
Mar 200469734.365.53$3,855
Feb 200472632.455.51$4,000
Jan 200466932.036.30$4,214
Dec 200373430.266.30$4,625
Nov 200361128.804.60$2,808
Oct 200372028.174.76$3,427
Sep 200354526.314.75$2,588
Aug 200369929.765.13$3,586
Jul 200370929.415.17$3,666
Jun 200369528.565.98$4,158
May 200379126.595.97$4,724
Apr 200367026.675.41$3,623
Mar 200368131.146.10$4,151
Feb 200352433.487.93$4,153
Jan 200354930.315.58$3,065
Dec 200260426.914.85$2,932
Nov 200259124.664.14$2,445
Oct 200260026.464.23$2,537
Sep 200267527.443.64$2,454
Aug 200264825.963.16$2,050
Jul 200261224.583.06$1,874
Jun 200270123.733.34$2,340
May 200267924.663.58$2,434
Apr 200258723.653.51$2,062
Mar 200264322.003.10$1,995
Feb 200260018.222.38$1,425
Jan 200260817.172.38$1,444
Dec 200161516.932.36$1,454
Nov 200153818.072.41$1,294
Oct 200167119.782.53$1,697
Sep 200170024.262.25$1,576
Aug 200151524.873.05$1,572
Jul 200155623.933.20$1,778
Jun 200161624.563.82$2,356
May 200166225.524.31$2,851
Apr 200167424.685.34$3,596
Mar 200170224.545.38$3,774
Feb 200157627.755.77$3,322
Jan 200171227.478.40$5,980
Dec 200068026.889.12$6,203
Nov 200080232.215.66$4,538
Oct 200055431.235.15$2,851
Sep 200079031.875.19$4,097
Aug 200065229.644.54$2,961
Jul 200075228.534.09$3,075
Jun 200054929.304.40$2,414
May 200067427.263.68$2,480
Apr 200044424.513.12$1,384
Mar 200061428.422.86$1,756
Feb 200073927.622.73$2,015
Jan 200036425.272.48$903
Dec 199965224.282.42$1,580
Nov 199957323.192.43$1,395
Oct 199958420.982.80$1,637
Sep 199948421.752.62$1,268
Aug 199972219.262.88$2,076
Jul 199957017.892.37$1,352
Jun 199953015.942.36$1,252
May 199955615.792.32$1,290
Apr 199944315.102.21$978
Mar 199956512.471.84$1,039
Feb 19995509.981.82$1,000
Jan 199965910.381.90$1,252
Dec 19987219.201.77$1,279
Nov 199859610.892.19$1,303
Oct 199850912.421.97$1,002
Sep 199860212.592.08$1,254
Aug 199844511.301.91$849
Jul 199868611.742.24$1,535
Jun 199852811.242.24$1,181
May 199855212.622.21$1,218
Apr 199855413.042.51$1,388
Mar 199854812.802.31$1,266
Feb 199846013.952.30$1,058
Jan 199858014.702.15$1,250
Dec 199759916.322.41$1,444
Nov 199763218.193.09$1,952
Oct 199759219.253.15$1,865
Sep 199755617.742.95$1,643
Aug 199762017.862.55$1,584
Jul 199754817.582.25$1,231
Jun 199756617.242.26$1,278
May 199750718.972.31$1,170
Apr 199746617.882.08$971
Mar 199748218.951.94$935
Feb 199795520.492.21$2,107
Jan 199731023.483.54$1,097
Dec 199642823.32$0
Nov 199660421.97$0
Oct 199675423.31$0
Sep 19961,24422.22$0
Aug 19961,52620.26$0
Jul 19961,73519.55$0
Jun 19961,87418.73$0
May 19961,54719.43$0
Apr 199648421.51$0
Mar 19961,42019.38$0
Feb 199695316.98$0
Jan 19961,61517.07$0
Dec 19951,58017.19$0
Nov 19951,38816.00$0
Oct 199555415.43$0
Sep 199550216.18$0
Aug 199560215.92$0
Jul 19951,05515.24$0
Jun 19951,50216.41$0
May 19951,67217.56$0
Apr 19951,01517.73$0
Mar 19951,16116.44$0
Feb 19951,11616.58$0
Jan 19951,15815.92$0
Dec 19941,43515.03$0
Nov 199449315.90$0
Oct 19941,32815.58$0
Sep 19941,27015.29$0
Aug 19941,13416.13$0
Jul 19941,25217.56$0
Jun 199481217.09$0
May 19941,07415.88$0
Apr 199496014.14$0
Mar 19941,14712.46$0
Feb 19941,19912.50$0
Jan 19941,46812.66$0
Dec 19932,17112.33$0
Nov 19931,60614.49$0
Oct 199335515.85$0
Sep 19931,39915.03$0
Aug 19931,60515.66$0
Jul 19931,46815.46$0
Jun 19931,44116.79$0
May 19931,36017.68$0
Apr 19931,25218.05$0
Mar 19931,30818.14$0
Feb 19931,39417.90$0
Jan 19931,62316.93$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
Gas                  759 Mcf  × $  3.05 =     $2,312

────────────────────────────────────────────────────
Month total                                   $2,312

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/123970 is the state's own key, not one this site invented.