UNIVERSITY 32-12

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 143577District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$28 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 Gas111993-03-13127416
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
CondensateDisposition1,868 bbl$49,990
GasProduction861,913 Mcf$2,751,898
Total$2,801,887

161,656 Mcf of this lease's gas, across 43 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 30.6635, -101.4051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66354, -101.40505 · 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
8,935 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 8,935 ft.

Completions filed
Jul 1993
1 of 1 wells

1 well

42-1053425318,935 ftJul 1993

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 20260673106.413.05$2,050
Apr 202602198.932.87$60
Mar 2026018689.753.15$586
Feb 2026089763.503.75$3,364
Jan 2026045159.138.00$3,607
Dec 2025058556.664.41$2,582
Nov 202501,05058.593.93$4,123
Oct 2025065359.383.30$2,158
Sep 2025099762.743.08$3,068
Aug 2025066963.933.01$2,017
Jul 2025072066.743.32$2,387
Jun 2025062166.483.13$1,943
May 2025078760.553.23$2,544
Apr 2025079062.363.54$2,799
Mar 2025094167.704.27$4,016
Feb 2025088970.884.34$3,859
Jan 2025098574.324.28$4,215
Dec 202401,11868.993.12$3,490
Nov 202401,11869.052.20$2,458
Oct 2024094571.372.28$2,156
Sep 202401,00769.612.36$2,381
Aug 2024083075.632.06$1,713
Jul 2024096079.932.15$2,061
Jun 202401,39578.082.63$3,674
May 202401,39578.812.20$3,067
Apr 202401,05084.451.66$1,742
Mar 202401,23680.301.55$1,910
Feb 202401,23676.091.78$2,205
Jan 202401,19673.023.30$3,944
Dec 202301,29371.262.61$3,376
Nov 202301,32877.892.81$3,728
Oct 202301,46685.443.09$4,526
Sep 202301,31589.042.74$3,597
Aug 202301,37380.522.67$3,670
Jul 202301,39474.852.64$3,683
Jun 202301,31768.962.26$2,974
May 202301,41570.622.23$3,152
Apr 202301,31978.122.24$2,952
Mar 202301,31172.852.39$3,137
Feb 202301,21475.112.47$2,993
Jan 202301,30376.533.39$4,414
Dec 202201,14176.415.73$6,537
Nov 202201,30785.005.65$7,380
Oct 202201,44187.185.86$8,450
Sep 202201,55784.888.16$12,711
Aug 202201,44194.529.13$13,152
Jul 202201,306101.587.54$9,850
Jun 202201,413115.097.98$11,272
May 202221,244109.378.43$10,709
Apr 202231,254104.226.84$8,887
Mar 202231,310108.885.08$6,977
Feb 202251,13691.054.86$5,975
Jan 202231,52181.844.54$7,147
Dec 202121,63771.323.90$6,526
Nov 202141,60677.435.24$8,720
Oct 202121,22579.795.71$7,159
Sep 202121,37369.865.35$7,487
Aug 202121,70066.024.22$7,307
Jul 202131,08570.783.98$4,533
Jun 2021273269.493.38$2,614
May 202121,30963.483.02$4,077
Apr 202151,34860.362.76$4,020
Mar 202121,13661.302.72$3,209
Feb 202111,06857.805.55$5,983
Jan 202121,36950.412.81$3,948
Dec 202031,06744.642.68$2,989
Nov 2020485438.772.71$2,466
Oct 202021,03636.972.48$2,642
Sep 202031,19437.091.99$2,489
Aug 202031,03639.982.39$2,591
Jul 202011,08838.371.83$2,024
Jun 202021,52734.901.69$2,651
May 202021,67416.921.81$3,072
Apr 2020121214.751.80$397
Mar 202041,48330.341.86$2,874
Feb 202031,31349.881.98$2,750
Jan 202051,42857.252.09$3,278
Dec 201941,36159.012.30$3,372
Nov 201951,65655.302.75$4,832
Oct 201931,58153.472.42$3,984
Sep 201911,95355.052.66$5,245
Aug 201922,22553.112.30$5,233
Jul 2019088856.272.46$2,185
Jun 2019022752.782.49$566
May 201901,43558.482.74$3,932
Apr 2019098462.632.75$2,707
Mar 201902,11756.803.06$6,482
Feb 201902,47450.852.79$6,908
Jan 201903,12146.033.23$10,075
Dec 201801,90446.594.19$7,969
Nov 201802,27252.934.24$9,627
Oct 201801,58061.443.40$5,369
Sep 201802,15459.543.11$6,695
Aug 201802,35259.403.07$7,213
Jul 201802,52065.142.93$7,388
Jun 201822,99660.183.08$9,339
May 201832,18465.382.90$6,531
Apr 201832,66763.842.90$7,928
Mar 201843,22061.222.79$9,219
Feb 201832,47861.782.77$7,040
Jan 201832,34562.874.01$9,590
Dec 201731,94257.272.92$5,845
Nov 201721,98155.423.12$6,288
Oct 201722,87749.292.98$8,683
Sep 201712,19147.523.09$6,812
Aug 201732,73245.373.00$8,344
Jul 201712,12843.873.09$6,614
Jun 201723,63342.493.09$11,301
May 201732,86245.373.26$9,476
Apr 201732,37947.933.21$7,784
Mar 201731,76946.772.98$5,418
Feb 201721,97250.452.95$5,923
Jan 201742,36349.413.42$8,276
Dec 201632,18748.763.72$8,288
Nov 201631,92142.492.64$5,207
Oct 201632,37246.193.09$7,469
Sep 201631,87241.553.10$5,929
Aug 201631,79641.442.92$5,376
Jul 201641,51741.622.92$4,603
Jun 201662,22845.352.69$6,256
May 201652,51842.521.99$5,226
Apr 201641,31336.561.99$2,760
Mar 201672,65833.011.79$5,000
Feb 201672,33626.472.06$5,006
Jan 201661,87427.352.36$4,595
Dec 2015121,30732.362.00$3,004
Nov 2015102,45538.792.17$5,709
Oct 2015101,78843.552.43$4,774
Sep 2015112,10542.992.76$6,279
Aug 201551,85140.162.87$5,518
Jul 201561,73448.152.95$5,396
Jun 201541,86956.152.88$5,613
May 201542,16355.212.96$6,613
Apr 201531,40649.822.71$3,955
Mar 201561,89642.892.93$5,822
Feb 201532,38644.662.98$7,235
Jan 201542,07243.433.10$6,598
Dec 201401,70354.693.59$6,116
Nov 201401,72670.464.25$7,339
Oct 201401,48078.303.90$5,773
Sep 201403,16886.164.05$12,816
Aug 201402,83189.394.04$11,423
Jul 201403,38796.564.18$14,156
Jun 201401,92398.164.74$9,109
May 201402,47894.734.73$11,712
Apr 201401,71695.944.81$8,252
Mar 201402,12995.895.06$10,766
Feb 201401,69897.406.19$10,514
Jan 201402,31890.404.86$11,267
Dec 201302,28191.824.35$9,933
Nov 201301,92288.853.74$7,185
Oct 201302,55297.423.78$9,645
Sep 201301,433104.113.72$5,328
Aug 201301,748104.253.52$6,158
Jul 201392,459102.523.72$10,065
Jun 2013131,40294.403.93$6,742
May 2013182,16094.834.15$10,669
Apr 201352,17093.964.28$9,763
Mar 2013192,03593.623.91$9,741
Feb 2013112,02691.233.42$7,932
Jan 2013142,33191.603.42$9,254
Dec 2012102,26486.773.42$8,611
Nov 2012142,04386.953.62$8,623
Oct 2012142,41989.383.40$9,475
Sep 2012102,09394.672.92$7,055
Aug 201292,16192.662.91$7,118
Jul 201252,28285.133.02$7,319
Jun 201202,33379.822.52$5,877
May 201202,33591.612.49$5,810
Apr 201202,463101.652.00$4,918
Mar 201202,411105.052.22$5,357
Feb 201202,154101.102.57$5,536
Jan 201202,22598.092.73$6,083
Dec 201102,31396.873.24$7,494
Nov 201102,16195.723.31$7,156
Oct 201102,29784.983.65$8,381
Sep 201102,24383.623.99$8,940
Aug 201102,35183.404.15$9,755
Jul 201102,24794.144.52$10,150
Jun 201102,18292.904.64$10,124
May 201102,15898.134.40$9,506
Apr 201102,099105.964.33$9,096
Mar 201102,16296.364.06$8,772
Feb 201102,15185.644.18$8,991
Jan 201102,59886.504.59$11,922
Dec 201002,47685.734.35$10,765
Nov 201002,76080.843.80$10,475
Oct 201002,48978.103.51$8,734
Sep 201002,49972.633.98$9,945
Aug 201002,17073.684.42$9,590
Jul 201002,08872.554.74$9,890
Jun 201002,25270.364.91$11,058
May 201002,17371.124.24$9,203
Apr 201002,10881.694.12$8,691
Mar 201002,09378.394.39$9,185
Feb 201002,20873.585.44$12,017
Jan 201002,23674.365.96$13,336
Dec 200902,41471.445.48$13,238
Nov 200902,38874.593.75$8,959
Oct 200902,49872.544.11$10,267
Sep 200902,81365.543.06$8,621
Aug 200903,39067.423.22$10,911
Jul 200903,75161.133.46$12,995
Jun 200902,76266.163.90$10,758
May 200902,08354.743.93$8,177
Apr 200901,53846.773.59$5,518
Mar 200901,48842.144.06$6,040
Feb 200901,76632.814.63$8,182
Jan 200901,60335.865.37$8,610
Dec 200801,64437.105.98$9,826
Nov 200801,70955.496.86$11,724
Oct 200801,47775.246.92$10,224
Sep 200801,653101.767.88$13,021
Aug 200801,527114.228.48$12,954
Jul 200801,306131.0811.39$14,875
Jun 200801,117131.3313.03$14,557
May 20080974123.1711.57$11,273
Apr 20080813110.3110.45$8,500
Mar 200801,103101.909.66$10,659
Feb 200801,01992.538.77$8,937
Jan 200801,10790.388.21$9,084
Dec 200701,79988.337.30$13,136
Nov 200701,46591.677.29$10,682
Oct 200701,35282.856.92$9,359
Sep 200701,40875.846.24$8,792
Aug 200701,69469.066.39$10,821
Jul 200701,44970.906.39$9,256
Jun 200701,18162.007.55$8,915
May 200701,40558.747.85$11,024
Apr 200701,15259.617.81$8,992
Mar 2007093756.927.30$6,842
Feb 200701,12955.108.22$9,276
Jan 200701,71650.306.73$11,543
Dec 200601,69156.656.92$11,699
Nov 200601,58054.207.62$12,036
Oct 200601,49254.906.01$8,973
Sep 200601,22460.085.04$6,166
Aug 200601,20968.717.34$8,874
Jul 200601,36269.376.34$8,639
Jun 200601,00966.286.38$6,441
May 200601,22266.016.42$7,851
Apr 2006091864.397.36$6,757
Mar 2006095456.707.08$6,757
Feb 2006097157.597.75$7,526
Jan 200601,12760.598.93$10,068
Dec 200501,27354.9413.42$17,078
Nov 200501,53854.6910.59$16,285
Oct 200501,15958.3413.80$15,989
Sep 200501,13361.4512.08$13,686
Aug 200501,34061.519.80$13,128
Jul 200501,24955.697.84$9,797
Jun 200501,49152.337.38$11,005
May 200501,72645.226.65$11,480
Apr 200501,22049.207.36$8,980
Mar 2005091650.377.15$6,554
Feb 2005097345.226.31$6,142
Jan 200501,06543.166.32$6,733
Dec 200401,04139.866.75$7,028
Nov 200401,16445.286.33$7,369
Oct 2004121,39949.706.52$9,711
Sep 200401,47943.245.28$7,815
Aug 200401,46942.375.55$8,154
Jul 200401,57238.286.08$9,564
Jun 200401,58036.106.43$10,164
May 200401,69537.486.49$11,008
Apr 200401,75034.475.86$10,252
Mar 200401,91134.365.53$10,568
Feb 200401,71432.455.51$9,443
Jan 200401,83532.036.30$11,560
Dec 200301,86430.266.30$11,746
Nov 200301,72228.804.60$7,913
Oct 200301,72028.174.76$8,187
Sep 200302,37326.314.75$11,270
Aug 200302,18429.765.13$11,203
Jul 200301,90229.415.17$9,835
Jun 200302,47728.565.98$14,820
May 200301,93326.595.97$11,545
Apr 200302,39526.675.41$12,950
Mar 200302,38431.146.10$14,533
Feb 200302,32333.487.93$18,412
Jan 200302,59030.315.58$14,457
Dec 200202,55526.914.85$12,401
Nov 200202,55824.664.14$10,582
Oct 200202,64726.464.23$11,194
Sep 200202,75127.443.64$10,000
Aug 200202,68125.963.16$8,483
Jul 200202,70024.583.06$8,267
Jun 200202,60323.733.34$8,689
May 200202,94124.663.58$10,541
Apr 200202,94123.653.51$10,330
Mar 200202,64722.003.10$8,213
Feb 200202,31518.222.38$5,500
Jan 200202,51817.172.38$5,982
Dec 200102,63016.932.36$6,218
Nov 200102,92018.072.41$7,024
Oct 200103,02619.782.53$7,652
Sep 200102,83624.262.25$6,385
Aug 200102,69624.873.05$8,231
Jul 200102,93123.933.20$9,371
Jun 200102,87024.563.82$10,975
May 200103,03225.524.31$13,060
Apr 200102,90524.685.34$15,499
Mar 200102,87624.545.38$15,463
Feb 200102,30227.755.77$13,276
Jan 200102,66827.478.40$22,408
Dec 200002,79926.889.12$25,534
Nov 200002,92432.215.66$16,544
Oct 200002,92631.235.15$15,056
Sep 200002,97731.875.19$15,440
Aug 200003,08229.644.54$13,995
Jul 200003,04228.534.09$12,441
Jun 200002,90529.304.40$12,774
May 200002,87227.263.68$10,568
Apr 200002,91524.513.12$9,083
Mar 200003,26228.422.86$9,329
Feb 200003,12827.622.73$8,528
Jan 200003,09425.272.48$7,675
Dec 199903,14524.282.42$7,623
Nov 199903,07523.192.43$7,485
Oct 199903,10620.982.80$8,708
Sep 199903,13921.752.62$8,221
Aug 199903,25719.262.88$9,366
Jul 199902,79517.892.37$6,631
Jun 199903,05015.942.36$7,204
May 199903,35115.792.32$7,778
Apr 199903,00315.102.21$6,631
Mar 199903,19312.471.84$5,870
Feb 199972,7729.981.82$5,109
Jan 199973,21210.381.90$6,175
Dec 199863,3589.201.77$6,010
Nov 199873,31410.892.19$7,320
Oct 199893,40212.421.97$6,811
Sep 199873,14212.592.08$6,632
Aug 1998103,29211.301.91$6,392
Jul 199883,25811.742.24$7,383
Jun 199802,97111.242.24$6,647
May 199803,10912.622.21$6,860
Apr 199802,67613.042.51$6,704
Mar 199803,38012.802.31$7,806
Feb 199803,05413.952.30$7,022
Jan 199803,22414.702.15$6,947
Dec 199703,16816.322.41$7,638
Nov 199703,45118.193.09$10,658
Oct 199703,53219.253.15$11,125
Sep 199703,25117.742.95$9,606
Aug 199703,33517.862.55$8,520
Jul 199703,50417.582.25$7,873
Jun 199703,57817.242.26$8,076
May 199703,92018.972.31$9,049
Apr 199703,93117.882.08$8,187
Mar 199704,02118.951.94$7,797
Feb 199703,69420.492.21$8,149
Jan 199704,23123.483.54$14,976
Dec 199603,03923.32$0
Nov 199603,11521.97$0
Oct 199603,29523.31$0
Sep 199603,04722.22$0
Aug 199603,11720.26$0
Jul 199604,08319.55$0
Jun 199632,21918.73$56
May 1996103,90719.43$194
Apr 199641,48521.51$86
Mar 199684,09319.38$155
Feb 199653,13516.98$85
Jan 199652,88217.07$85
Dec 1995254,15717.19$430
Nov 1995182,65916.00$288
Oct 1995293,85715.43$447
Sep 1995194,05916.18$307
Aug 1995254,31115.92$398
Jul 1995194,30815.24$290
Jun 1995524,53016.41$853
May 1995564,84117.56$983
Apr 1995452,29417.73$798
Mar 1995653,26516.44$1,069
Feb 19951143,45016.58$1,890
Jan 19951144,19415.92$1,815
Dec 199445,01715.03$60
Nov 199422,01615.90$32
Oct 199423,31815.58$31
Sep 199423,50615.29$31
Aug 199423,36016.13$32
Jul 199434,46417.56$53
Jun 199421,97917.09$34
May 199443,71115.88$64
Apr 199453,89314.14$71
Mar 199464,00212.46$75
Feb 199474,05012.50$88
Jan 1994125,15712.66$152
Dec 19931515,13712.33$1,862
Nov 19931656,99914.49$2,391
Oct 1993732,76315.85$1,157
Sep 19931437,12015.03$2,149
Aug 19931736,84815.66$2,709
Jul 199303,64315.46$0
Jun 199301,33116.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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                  673 Mcf  × $  3.05 =     $2,050

────────────────────────────────────────────────────
Month total                                   $2,050

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/143577 is the state's own key, not one this site invented.