UNIVERSITY 31-3

Operated by RED STAG OPERATING, LLC (P-5 697118) in the UNIVERSITY 31 (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125004District 7CField 92626500NGPA filingGasSaveExport
Value, all time
$87 k
Jan 1993 – May 2026
Value, last 12 filed months
$1 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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered
1980-11-06
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA 100% % DELIVERABILITY

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
GasProduction24,519 Mcf$86,609
Total$86,609

4,643 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 30.7227, -101.4510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72273, -101.45096 · 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
928 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 928 ft.

Completions filed
Jul 1987
1 of 1 wells

1 well

42-105353923928 ftJul 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 20261106.413.05$3
Apr 2026098.932.87$0
Mar 2026489.753.15$13
Feb 20262263.503.75$83
Jan 20263959.138.00$312
Dec 20253456.664.41$150
Nov 20252058.593.93$79
Oct 20252959.383.30$96
Sep 20252662.743.08$80
Aug 20251063.933.01$30
Jul 2025666.743.32$20
Jun 20257766.483.13$241
May 20254160.553.23$133
Apr 2025362.363.54$11
Mar 20254467.704.27$188
Feb 20251870.884.34$78
Jan 20251074.324.28$43
Dec 20244368.993.12$134
Nov 20244369.052.20$95
Oct 20244271.372.28$96
Sep 20243769.612.36$87
Aug 20242175.632.06$43
Jul 20242779.932.15$58
Jun 20243078.082.63$79
May 20243078.812.20$66
Apr 20241784.451.66$28
Mar 20242480.301.55$37
Feb 20242476.091.78$43
Jan 20242273.023.30$73
Dec 20234771.262.61$123
Nov 20233877.892.81$107
Oct 20235785.443.09$176
Sep 20234889.042.74$131
Aug 20234580.522.67$120
Jul 20235374.852.64$140
Jun 20234068.962.26$90
May 20234770.622.23$105
Apr 20235078.122.24$112
Mar 20236072.852.39$144
Feb 20235575.112.47$136
Jan 20235076.533.39$169
Dec 20226476.415.73$367
Nov 20224385.005.65$243
Oct 20224787.185.86$276
Sep 20225584.888.16$449
Aug 20225194.529.13$465
Jul 202238101.587.54$287
Jun 202225115.097.98$199
May 202259109.378.43$498
Apr 202250104.226.84$342
Mar 202252108.885.08$264
Feb 20222991.054.86$141
Jan 20225381.844.54$241
Dec 20216071.323.90$234
Nov 20215877.435.24$304
Oct 20215479.795.71$309
Sep 20214869.865.35$257
Aug 20212066.024.22$84
Jul 20214370.783.98$171
Jun 20216869.493.38$230
May 20216163.483.02$184
Apr 20215760.362.76$157
Mar 20214961.302.72$133
Feb 2021857.805.55$44
Jan 20212650.412.81$73
Dec 20205944.642.68$158
Nov 20205838.772.71$157
Oct 20206336.972.48$156
Sep 20206637.091.99$131
Aug 20204739.982.39$112
Jul 20201738.371.83$31
Jun 20203334.901.69$56
May 20202216.921.81$40
Apr 2020514.751.80$9
Mar 20203230.341.86$59
Feb 20202949.881.98$57
Jan 20201657.252.09$34
Dec 20193159.012.30$71
Nov 20191155.302.75$30
Oct 20191753.472.42$41
Sep 20194855.052.66$128
Aug 20192053.112.30$46
Jul 2019756.272.46$17
Jun 2019252.782.49$5
May 2019258.482.74$5
Apr 20192762.632.75$74
Mar 20195856.803.06$178
Feb 20195850.852.79$162
Jan 20192946.033.23$94
Dec 20181946.594.19$80
Nov 20182452.934.24$102
Oct 20184261.443.40$143
Sep 20187259.543.11$224
Aug 20184659.403.07$141
Jul 20185865.142.93$170
Jun 20184460.183.08$135
May 20183965.382.90$113
Apr 20184063.842.90$116
Mar 20185661.222.79$156
Feb 20186461.782.77$177
Jan 20183662.874.01$144
Dec 20174057.272.92$117
Nov 20176755.423.12$209
Oct 20175749.292.98$170
Sep 20176247.523.09$191
Aug 20174945.373.00$147
Jul 20175043.873.09$154
Jun 20174642.493.09$142
May 20174745.373.26$153
Apr 20174847.933.21$154
Mar 20172546.772.98$75
Feb 20174150.452.95$121
Jan 20175449.413.42$185
Dec 20164148.763.72$153
Nov 20163742.492.64$98
Oct 20165946.193.09$182
Sep 20164941.553.10$152
Aug 20163341.442.92$97
Jul 20165141.622.92$149
Jun 20161945.352.69$51
May 20161942.521.99$38
Apr 20162036.561.99$40
Mar 20163733.011.79$66
Feb 20164226.472.06$87
Jan 20165027.352.36$118
Dec 20152932.362.00$58
Nov 20155338.792.17$115
Oct 20154043.552.43$97
Sep 20152942.992.76$80
Aug 20152740.162.87$78
Jul 20152548.152.95$74
Jun 20155556.152.88$159
May 20153955.212.96$115
Apr 20154349.822.71$116
Mar 20154842.892.93$141
Feb 20155544.662.98$164
Jan 20157243.433.10$223
Dec 20146254.693.59$223
Nov 20147470.464.25$315
Oct 20145078.303.90$195
Sep 20142986.164.05$117
Aug 20145289.394.04$210
Jul 20146596.564.18$272
Jun 20146998.164.74$327
May 20145794.734.73$269
Apr 20146195.944.81$293
Mar 20146195.895.06$308
Feb 20145497.406.19$334
Jan 20146790.404.86$326
Dec 20135491.824.35$235
Nov 20136188.853.74$228
Oct 20135697.423.78$212
Sep 201352104.113.72$193
Aug 201361104.253.52$215
Jul 201370102.523.72$260
Jun 20134194.403.93$161
May 20136194.834.15$253
Apr 20136193.964.28$261
Mar 20135393.623.91$207
Feb 20135791.233.42$195
Jan 20136791.603.42$229
Dec 20126186.773.42$209
Nov 20126286.953.62$225
Oct 20126089.383.40$204
Sep 20125794.672.92$166
Aug 20125992.662.91$172
Jul 20124685.133.02$139
Jun 20125579.822.52$139
May 20125491.612.49$134
Apr 201252101.652.00$104
Mar 201252105.052.22$116
Feb 201257101.102.57$147
Jan 20125998.092.73$161
Dec 20115396.873.24$172
Nov 20115695.723.31$185
Oct 20114784.983.65$171
Sep 20114783.623.99$187
Aug 20114883.404.15$199
Jul 20114894.144.52$217
Jun 20114792.904.64$218
May 20115698.134.40$247
Apr 201158105.964.33$251
Mar 20115596.364.06$223
Feb 20115585.644.18$230
Jan 20114986.504.59$225
Dec 20104885.734.35$209
Nov 20106580.843.80$247
Oct 20105178.103.51$179
Sep 20105872.633.98$231
Aug 20105773.684.42$252
Jul 20104972.554.74$232
Jun 20105370.364.91$260
May 20105971.124.24$250
Apr 20104581.694.12$186
Mar 20104478.394.39$193
Feb 20105073.585.44$272
Jan 20106074.365.96$358
Dec 20096871.445.48$373
Nov 20096074.593.75$225
Oct 20096172.544.11$251
Sep 20095565.543.06$169
Aug 20095167.423.22$164
Jul 20096261.133.46$215
Jun 20095066.163.90$195
May 20095454.743.93$212
Apr 20094446.773.59$158
Mar 20094742.144.06$191
Feb 20094332.814.63$199
Jan 20095835.865.37$312
Dec 20086237.105.98$371
Nov 20085955.496.86$405
Oct 20086775.246.92$464
Sep 200836101.767.88$284
Aug 200856114.228.48$475
Jul 200867131.0811.39$763
Jun 200867131.3313.03$873
May 200869123.1711.57$799
Apr 200871110.3110.45$742
Mar 200871101.909.66$686
Feb 20087392.538.77$640
Jan 20087290.388.21$591
Dec 20077288.337.30$526
Nov 20077591.677.29$547
Oct 20077182.856.92$491
Sep 20076475.846.24$400
Aug 20076469.066.39$409
Jul 20076970.906.39$441
Jun 20076362.007.55$476
May 20076658.747.85$518
Apr 20075659.617.81$437
Mar 20076356.927.30$460
Feb 20075355.108.22$435
Jan 20077650.306.73$511
Dec 20067156.656.92$491
Nov 20066954.207.62$526
Oct 20066654.906.01$397
Sep 20065860.085.04$292
Aug 20066668.717.34$484
Jul 20066369.376.34$400
Jun 20065566.286.38$351
May 20065466.016.42$347
Apr 20066264.397.36$456
Mar 20063556.707.08$248
Feb 20065657.597.75$434
Jan 20067460.598.93$661
Dec 20057154.9413.42$952
Nov 20057354.6910.59$773
Oct 20056158.3413.80$842
Sep 20056061.4512.08$725
Aug 20055061.519.80$490
Jul 20054555.697.84$353
Jun 20054452.337.38$325
May 20053645.226.65$239
Apr 20054949.207.36$361
Mar 20056150.377.15$436
Feb 20056745.226.31$423
Jan 20059743.166.32$613
Dec 20049539.866.75$641
Nov 20049945.286.33$627
Oct 200412149.706.52$788
Sep 20049543.245.28$502
Aug 20046542.375.55$361
Jul 20047238.286.08$438
Jun 20047036.106.43$450
May 20046537.486.49$422
Apr 20046234.475.86$363
Mar 20047734.365.53$426
Feb 20046932.455.51$380
Jan 20047332.036.30$460
Dec 20036530.266.30$410
Nov 20036428.804.60$294
Oct 20036328.174.76$300
Sep 20036626.314.75$313
Aug 20036429.765.13$328
Jul 20036929.415.17$357
Jun 20037828.565.98$467
May 20037726.595.97$460
Apr 20036826.675.41$368
Mar 20036731.146.10$408
Feb 20035333.487.93$420
Jan 20037530.315.58$419
Dec 20027926.914.85$383
Nov 20028324.664.14$343
Oct 20027626.464.23$321
Sep 20027427.443.64$269
Aug 20027725.963.16$244
Jul 20028124.583.06$248
Jun 20028123.733.34$270
May 20029024.663.58$323
Apr 20029623.653.51$337
Mar 20029322.003.10$289
Feb 20027818.222.38$185
Jan 20028317.172.38$197
Dec 20017616.932.36$180
Nov 20018018.072.41$192
Oct 20018619.782.53$217
Sep 20017024.262.25$158
Aug 20017024.873.05$214
Jul 20017523.933.20$240
Jun 20018424.563.82$321
May 20018225.524.31$353
Apr 20017824.685.34$416
Mar 20019424.545.38$505
Feb 20016827.755.77$392
Jan 20017127.478.40$596
Dec 20006626.889.12$602
Nov 20006832.215.66$385
Oct 20006931.235.15$355
Sep 20007231.875.19$373
Aug 20008229.644.54$372
Jul 20007528.534.09$307
Jun 20007729.304.40$339
May 20007527.263.68$276
Apr 20007824.513.12$243
Mar 20007928.422.86$226
Feb 20008327.622.73$226
Jan 20008525.272.48$211
Dec 19998624.282.42$208
Nov 19997523.192.43$183
Oct 19998020.982.80$224
Sep 19997721.752.62$202
Aug 19999319.262.88$267
Jul 19998317.892.37$197
Jun 19997115.942.36$168
May 19999115.792.32$211
Apr 19998015.102.21$177
Mar 19998412.471.84$154
Feb 1999699.981.82$125
Jan 19998710.381.90$165
Dec 1998889.201.77$156
Nov 19987810.892.19$170
Oct 19989012.421.97$177
Sep 19988212.592.08$171
Aug 19988411.301.91$160
Jul 19988611.742.24$192
Jun 19988311.242.24$186
May 19988112.622.21$179
Apr 19987613.042.51$190
Mar 19988012.802.31$185
Feb 19987613.952.30$175
Jan 19989014.702.15$194
Dec 19979316.322.41$224
Nov 19978218.193.09$253
Oct 19979119.253.15$287
Sep 19977717.742.95$228
Aug 19976317.862.55$161
Jul 19978417.582.25$189
Jun 19977817.242.26$176
May 19976918.972.31$159
Apr 19978117.882.08$169
Mar 199710118.951.94$196
Feb 19979320.492.21$205
Jan 19979623.483.54$340
Dec 199610223.32$0
Nov 199610021.97$0
Oct 199610823.31$0
Sep 19968022.22$0
Aug 199610720.26$0
Jul 19967419.55$0
Jun 19966618.73$0
May 19967319.43$0
Apr 19967621.51$0
Mar 199611019.38$0
Feb 199610116.98$0
Jan 199611917.07$0
Dec 19959217.19$0
Nov 199510116.00$0
Oct 19959015.43$0
Sep 19954816.18$0
Aug 19957515.92$0
Jul 19951415.24$0
Jun 1995316.41$0
May 19957917.56$0
Apr 199510817.73$0
Mar 199510216.44$0
Feb 19959916.58$0
Jan 199511215.92$0
Dec 199412115.03$0
Nov 19944615.90$0
Oct 19943115.58$0
Sep 19948315.29$0
Aug 19949516.13$0
Jul 19946717.56$0
Jun 19946317.09$0
May 19949915.88$0
Apr 199410614.14$0
Mar 199412912.46$0
Feb 199412812.50$0
Jan 199414212.66$0
Dec 199313312.33$0
Nov 199313114.49$0
Oct 199311515.85$0
Sep 199311615.03$0
Aug 19938315.66$0
Jul 199312415.46$0
Jun 199311416.79$0
May 199313617.68$0
Apr 199312118.05$0
Mar 199314618.14$0
Feb 199313117.90$0
Jan 199314416.93$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                    1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/125004 is the state's own key, not one this site invented.