UNIVERSITY 32-17

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

Gas lease lease 143390District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$941 k
Jan 1993 – May 2026
Value, last 12 filed months
$12 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered
1962-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).

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
High Cost Gas111993-03-13127420
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
CondensateDisposition1,073 bbl$74,332
GasProduction283,513 Mcf$866,619
Total$940,951

81,276 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 30.6596, -101.3687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65965, -101.36867 · 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
9,188 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 9,188 ft.

Completions filed
Dec 1992
1 of 1 wells

1 well

42-1053616639,188 ftDec 1992

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 20262483106.413.05$1,684
Apr 20260898.932.87$23
Mar 202646789.753.15$570
Feb 2026721063.503.75$1,232
Jan 2026220659.138.00$1,766
Dec 2025522656.664.41$1,281
Nov 2025321558.593.93$1,020
Oct 2025520259.383.30$964
Sep 2025320162.743.08$807
Aug 2025320863.933.01$819
Jul 2025820066.743.32$1,197
Jun 2025319166.483.13$797
May 2025822360.553.23$1,205
Apr 2025631562.363.54$1,490
Mar 20251121767.704.27$1,671
Feb 2025617270.884.34$1,172
Jan 20251425074.324.28$2,110
Dec 20241124068.993.12$1,508
Nov 2024724069.052.20$1,011
Oct 20241122771.372.28$1,303
Sep 2024730769.612.36$1,213
Aug 2024717475.632.06$888
Jul 2024728779.932.15$1,176
Jun 20241131978.082.63$1,699
May 2024831978.812.20$1,332
Apr 20241123084.451.66$1,311
Mar 20241530580.301.55$1,676
Feb 20241130576.091.78$1,381
Jan 20241536373.023.30$2,292
Dec 20231635671.262.61$2,070
Nov 20231639277.892.81$2,347
Oct 2023834685.443.09$1,752
Sep 20231228989.042.74$1,859
Aug 2023828780.522.67$1,411
Jul 2023829574.852.64$1,378
Jun 2023829268.962.26$1,211
May 2023031970.622.23$711
Apr 2023031078.122.24$694
Mar 2023033172.852.39$792
Feb 2023030375.112.47$747
Jan 2023030876.533.39$1,043
Dec 20221039776.415.73$3,039
Nov 2022732885.005.65$2,447
Oct 20221030187.185.86$2,637
Sep 2022729884.888.16$3,027
Aug 20221033594.529.13$4,003
Jul 20226312101.587.54$2,963
Jun 202210309115.097.98$3,616
May 20222356109.378.43$3,221
Apr 20224316104.226.84$2,578
Mar 20224277108.885.08$1,842
Feb 202268091.054.86$935
Jan 2022429981.844.54$1,684
Dec 2021526871.323.90$1,402
Nov 2021834977.435.24$2,447
Oct 202154,07579.795.71$23,683
Sep 2021532769.865.35$2,099
Aug 2021333366.024.22$1,604
Jul 2021636770.783.98$1,886
Jun 2021337469.493.38$1,473
May 2021336163.483.02$1,280
Apr 20211024460.362.76$1,277
Mar 2021628161.302.72$1,131
Feb 2021435857.805.55$2,217
Jan 2021734150.412.81$1,311
Dec 20201027844.642.68$1,190
Nov 20201231338.772.71$1,312
Oct 2020530636.972.48$943
Sep 2020834437.091.99$982
Aug 2020730239.982.39$1,000
Jul 2020242238.371.83$847
Jun 2020245534.901.69$839
May 2020266516.921.81$1,241
Apr 202019314.751.80$183
Mar 2020642030.341.86$962
Feb 2020442249.881.98$1,035
Jan 2020544157.252.09$1,210
Dec 2019448559.012.30$1,354
Nov 2019450255.302.75$1,602
Oct 2019355553.472.42$1,503
Sep 2019145755.052.66$1,269
Aug 2019153353.112.30$1,281
Jul 2019022256.272.46$546
Jun 201905852.782.49$144
May 2019030958.482.74$847
Apr 2019017762.632.75$487
Mar 2019044056.803.06$1,347
Feb 2019040450.852.79$1,128
Jan 2019039946.033.23$1,288
Dec 2018029846.594.19$1,247
Nov 2018022952.934.24$970
Oct 2018044661.443.40$1,516
Sep 2018044159.543.11$1,371
Aug 2018042559.403.07$1,303
Jul 2018045165.142.93$1,322
Jun 2018040060.183.08$1,231
May 2018035165.382.90$1,018
Apr 2018038063.842.90$1,102
Mar 2018038161.222.79$1,062
Feb 2018032961.782.77$910
Jan 2018041262.874.01$1,652
Dec 2017043457.272.92$1,268
Nov 2017037455.423.12$1,166
Oct 2017038449.292.98$1,146
Sep 2017037247.523.09$1,148
Aug 2017041545.373.00$1,247
Jul 2017043043.873.09$1,328
Jun 2017043242.493.09$1,334
May 2017045045.373.26$1,469
Apr 2017037847.933.21$1,214
Mar 2017040446.772.98$1,205
Feb 2017034050.452.95$1,004
Jan 2017041949.413.42$1,432
Dec 2016037848.763.72$1,407
Nov 2016035342.492.64$933
Oct 2016038846.193.09$1,199
Sep 2016036941.553.10$1,144
Aug 2016037741.442.92$1,102
Jul 2016050241.622.92$1,468
Jun 2016038145.352.69$1,023
May 2016139642.521.99$831
Apr 2016143836.561.99$909
Mar 2016139733.011.79$745
Feb 2016147026.472.06$996
Jan 2016145027.352.36$1,091
Dec 2015038632.362.00$773
Nov 2015037638.792.17$815
Oct 2015047243.552.43$1,145
Sep 2015048642.992.76$1,341
Aug 2015051140.162.87$1,468
Jul 2015046048.152.95$1,355
Jun 2015043856.152.88$1,263
May 2015045255.212.96$1,336
Apr 2015044949.822.71$1,215
Mar 2015041342.892.93$1,212
Feb 2015042344.662.98$1,259
Jan 2015048343.433.10$1,498
Dec 2014440654.693.59$1,677
Nov 2014445170.464.25$2,199
Oct 2014444278.303.90$2,037
Sep 2014442686.164.05$2,068
Aug 2014545989.394.04$2,299
Jul 2014343596.564.18$2,108
Jun 2014740798.164.74$2,615
May 2014440694.734.73$2,298
Apr 20141040995.944.81$2,926
Mar 2014745295.895.06$2,957
Feb 2014841997.406.19$3,374
Jan 20141147790.404.86$3,313
Dec 20131444791.824.35$3,232
Nov 20131042188.853.74$2,462
Oct 2013943197.423.78$2,506
Sep 20137490104.113.72$2,550
Aug 20136532104.253.52$2,500
Jul 20131531102.523.72$2,077
Jun 2013045694.403.93$1,794
May 2013052794.834.15$2,187
Apr 2013052093.964.28$2,227
Mar 2013051593.623.91$2,015
Feb 2013049291.233.42$1,683
Jan 20133052891.603.42$4,554
Dec 20121954886.773.42$3,523
Nov 20122652886.953.62$4,175
Oct 20122654989.383.40$4,190
Sep 20121954394.672.92$3,383
Aug 20121951692.662.91$3,261
Jul 20121553785.133.02$2,899
Jun 20122255779.822.52$3,159
May 20122149391.612.49$3,151
Apr 201227552101.652.00$3,847
Mar 201214610105.052.22$2,826
Feb 201214490101.102.57$2,675
Jan 20121149898.092.73$2,441
Dec 2011057796.873.24$1,869
Nov 2011059195.723.31$1,957
Oct 2011060784.983.65$2,215
Sep 2011057583.623.99$2,292
Aug 2011054983.404.15$2,278
Jul 2011060394.144.52$2,724
Jun 2011047892.904.64$2,218
May 2011043798.134.40$1,925
Apr 20110442105.964.33$1,915
Mar 2011052196.364.06$2,114
Feb 2011051085.644.18$2,132
Jan 2011051186.504.59$2,345
Dec 2010051385.734.35$2,230
Nov 2010049480.843.80$1,875
Oct 2010051178.103.51$1,793
Sep 2010047672.633.98$1,894
Aug 2010046573.684.42$2,055
Jul 2010047972.554.74$2,269
Jun 2010050870.364.91$2,494
May 2010052971.124.24$2,240
Apr 2010050581.694.12$2,082
Mar 2010051078.394.39$2,238
Feb 2010049473.585.44$2,689
Jan 2010053674.365.96$3,197
Dec 2009051971.445.48$2,846
Nov 2009051874.593.75$1,943
Oct 2009054872.544.11$2,252
Sep 2009051465.543.06$1,575
Aug 2009053667.423.22$1,725
Jul 2009057061.133.46$1,975
Jun 2009052566.163.90$2,045
May 2009048254.743.93$1,892
Apr 2009047946.773.59$1,718
Mar 2009048042.144.06$1,948
Feb 2009048432.814.63$2,242
Jan 2009052735.865.37$2,831
Dec 2008053037.105.98$3,168
Nov 2008052755.496.86$3,615
Oct 2008053275.246.92$3,682
Sep 20080515101.767.88$4,057
Aug 20080568114.228.48$4,818
Jul 20080627131.0811.39$7,141
Jun 20080593131.3313.03$7,728
May 20080560123.1711.57$6,482
Apr 20080458110.3110.45$4,788
Mar 20080517101.909.66$4,996
Feb 2008051992.538.77$4,552
Jan 2008052190.388.21$4,275
Dec 2007052088.337.30$3,797
Nov 2007053991.677.29$3,930
Oct 2007054082.856.92$3,738
Sep 2007052775.846.24$3,291
Aug 2007054569.066.39$3,481
Jul 2007053370.906.39$3,405
Jun 2007049462.007.55$3,729
May 2007054258.747.85$4,253
Apr 2007052059.617.81$4,059
Mar 2007051956.927.30$3,790
Feb 2007044455.108.22$3,648
Jan 2007052550.306.73$3,532
Dec 2006050956.656.92$3,521
Nov 2006051654.207.62$3,931
Oct 2006050254.906.01$3,019
Sep 2006050060.085.04$2,519
Aug 2006055668.717.34$4,081
Jul 2006055869.376.34$3,539
Jun 2006053466.286.38$3,409
May 2006055066.016.42$3,534
Apr 2006070464.397.36$5,182
Mar 2006081056.707.08$5,737
Feb 2006065357.597.75$5,061
Jan 2006065760.598.93$5,869
Dec 2005068254.9413.42$9,149
Nov 2005069654.6910.59$7,370
Oct 2005079258.3413.80$10,926
Sep 2005070461.4512.08$8,504
Aug 2005071461.519.80$6,995
Jul 2005065255.697.84$5,114
Jun 2005066752.337.38$4,923
May 2005077845.226.65$5,175
Apr 2005071549.207.36$5,263
Mar 2005063850.377.15$4,565
Feb 2005063745.226.31$4,021
Jan 2005083143.166.32$5,254
Dec 2004081239.866.75$5,482
Nov 2004072345.286.33$4,577
Oct 2004068449.706.52$4,456
Sep 2004080443.245.28$4,248
Aug 2004086442.375.55$4,796
Jul 2004073538.286.08$4,472
Jun 2004068436.106.43$4,400
May 2004074837.486.49$4,858
Apr 2004077634.475.86$4,546
Mar 2004080634.365.53$4,457
Feb 2004072232.455.51$3,978
Jan 2004090532.036.30$5,701
Dec 2003078930.266.30$4,972
Nov 2003071228.804.60$3,272
Oct 2003079628.174.76$3,789
Sep 2003075226.314.75$3,572
Aug 2003080929.765.13$4,150
Jul 2003072829.415.17$3,764
Jun 2003086028.565.98$5,145
May 2003088426.595.97$5,280
Apr 2003083926.675.41$4,537
Mar 2003083131.146.10$5,066
Feb 2003069733.487.93$5,524
Jan 2003079130.315.58$4,415
Dec 2002086326.914.85$4,189
Nov 2002088024.664.14$3,641
Oct 2002085926.464.23$3,633
Sep 2002084727.443.64$3,079
Aug 2002094425.963.16$2,987
Jul 2002085924.583.06$2,630
Jun 2002078623.733.34$2,624
May 2002089324.663.58$3,201
Apr 2002083123.653.51$2,919
Mar 2002083422.003.10$2,588
Feb 2002071818.222.38$1,706
Jan 2002080517.172.38$1,912
Dec 2001077216.932.36$1,825
Nov 2001076318.072.41$1,835
Oct 2001084419.782.53$2,134
Sep 2001081824.262.25$1,842
Aug 2001087624.873.05$2,675
Jul 2001091023.933.20$2,909
Jun 2001088424.563.82$3,381
May 200101,01425.524.31$4,368
Apr 2001086624.685.34$4,620
Mar 2001089324.545.38$4,801
Feb 2001078727.755.77$4,539
Jan 2001080527.478.40$6,761
Dec 2000080326.889.12$7,325
Nov 2000081732.215.66$4,623
Oct 2000098831.235.15$5,084
Sep 2000093231.875.19$4,834
Aug 2000097829.644.54$4,441
Jul 2000097628.534.09$3,992
Jun 200001,04829.304.40$4,608
May 2000086627.263.68$3,187
Apr 2000085424.513.12$2,661
Mar 200001,05328.422.86$3,011
Feb 2000092827.622.73$2,530
Jan 2000081825.272.48$2,029
Dec 1999085424.282.42$2,070
Nov 1999080023.192.43$1,947
Oct 1999081820.982.80$2,293
Sep 1999097821.752.62$2,561
Aug 1999090319.262.88$2,597
Jul 1999090017.892.37$2,135
Jun 1999097015.942.36$2,291
May 1999094415.792.32$2,191
Apr 1999093115.102.21$2,056
Mar 1999094512.471.84$1,737
Feb 199908189.981.82$1,487
Jan 1999087810.381.90$1,668
Dec 199801,0209.201.77$1,809
Nov 1998095910.892.19$2,096
Oct 1998097212.421.97$1,914
Sep 199801,02712.592.08$2,139
Aug 199801,09511.301.91$2,089
Jul 199801,04711.742.24$2,342
Jun 1998098611.242.24$2,206
May 199801,01912.622.21$2,248
Apr 1998099113.042.51$2,483
Mar 199801,72212.802.31$3,977
Feb 1998093213.952.30$2,143
Jan 199801,01014.702.15$2,176
Dec 199701,08716.322.41$2,621
Nov 199701,16018.193.09$3,582
Oct 199701,12619.253.15$3,547
Sep 199701,04817.742.95$3,097
Aug 199701,14617.862.55$2,928
Jul 199701,16117.582.25$2,609
Jun 199701,04617.242.26$2,361
May 199701,00018.972.31$2,309
Apr 199701,08917.882.08$2,268
Mar 199701,21718.951.94$2,360
Feb 199701,13220.492.21$2,497
Jan 199701,32123.483.54$4,676
Dec 199601,35723.32$0
Nov 1996088621.97$0
Oct 199601,25923.31$0
Sep 199601,21222.22$0
Aug 199601,31820.26$0
Jul 199601,28119.55$0
Jun 199601,14118.73$0
May 199601,50019.43$0
Apr 1996016821.51$0
Mar 199601,08319.38$0
Feb 199601,20916.98$0
Jan 199601,27217.07$0
Dec 199531,69017.19$52
Nov 199531,34316.00$48
Oct 199541,60415.43$62
Sep 199521,29516.18$32
Aug 199531,73215.92$48
Jul 199511,01815.24$15
Jun 1995101,27916.41$164
May 199591,26017.56$158
Apr 1995181,42817.73$319
Mar 1995161,20716.44$263
Feb 1995281,28616.58$464
Jan 1995221,25315.92$350
Dec 199461,39015.03$90
Nov 199471,18415.90$111
Oct 199461,43915.58$93
Sep 199431,23515.29$46
Aug 199461,78116.13$97
Jul 199461,79917.56$105
Jun 1994064817.09$0
May 199401,88015.88$0
Apr 199402,05114.14$0
Mar 199401,70512.46$0
Feb 199401,77912.50$0
Jan 199402,28312.66$0
Dec 199361,79112.33$74
Nov 199341,53014.49$58
Oct 199331,00515.85$48
Sep 199331,22215.03$45
Aug 199341,43515.66$63
Jul 199351,35515.46$77
Jun 199302,87716.79$0
May 199302,20617.68$0
Apr 199303,70018.05$0
Mar 199303,66918.14$0
Feb 199305,16817.90$0
Jan 199306,06316.93$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             2 bbl  × $106.41 =       $213
Gas                  483 Mcf  × $  3.05 =     $1,471

────────────────────────────────────────────────────
Month total                                   $1,684

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/143390 is the state's own key, not one this site invented.