STATE UNIVERSITY FQ

Operated by DISCOVERY OPERATING, INC. (P-5 220865) in the GUSTAV (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148479District 7CField 375052002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jan 1994 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
389
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1986-01-14
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 ADMIN.SUSPENDED EFFECTIVE 1-1-93.

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 Gas111994-10-04130666
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
CondensateDisposition5,218 bbl$173,730
GasProduction404,700 Mcf$1,237,835
Total$1,411,565

146,085 Mcf of this lease's gas, across 36 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 31.0543, -100.8854. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.05429, -100.88538 · 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
7,404 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 7,404 ft.

Completions filed
Jan 1994
1 of 1 wells

1 well

42-4133185837,404 ftJan 1994

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 (389)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

389 months

May 2026084106.413.05$256
Apr 202608398.932.87$238
Mar 2026013389.753.15$419
Feb 2026013363.503.75$499
Jan 202609959.138.00$792
Dec 2025013756.664.41$605
Nov 202502858.593.93$110
Oct 202502159.383.30$69
Sep 2025013462.743.08$412
Aug 2025010763.933.01$323
Jul 202507466.743.32$245
Jun 202507666.483.13$238
May 2025016360.553.23$527
Apr 2025014962.363.54$528
Mar 2025015867.704.27$674
Feb 2025013570.884.34$586
Jan 2025017274.324.28$736
Dec 2024013468.993.12$418
Nov 2024011369.052.20$248
Oct 2024014771.372.28$335
Sep 2024017169.612.36$404
Aug 2024019675.632.06$404
Jul 2024017479.932.15$374
Jun 2024019678.082.63$516
May 2024013278.812.20$290
Apr 202403284.451.66$53
Mar 2024011080.301.55$170
Feb 2024012876.091.78$228
Jan 2024013273.023.30$435
Dec 2023014871.262.61$386
Nov 2023015777.892.81$441
Oct 2023015785.443.09$485
Sep 2023015989.042.74$435
Aug 2023017480.522.67$465
Jul 2023018174.852.64$478
Jun 2023016968.962.26$382
May 2023017870.622.23$396
Apr 2023015578.122.24$347
Mar 2023017872.852.39$426
Feb 2023014275.112.47$350
Jan 2023016576.533.39$559
Dec 2022016576.415.73$945
Nov 2022018485.005.65$1,039
Oct 2022014487.185.86$844
Sep 2022014284.888.16$1,159
Aug 2022015294.529.13$1,387
Jul 20220153101.587.54$1,154
Jun 20220141115.097.98$1,125
May 20220163109.378.43$1,375
Apr 20220164104.226.84$1,121
Mar 20220184108.885.08$934
Feb 2022015091.054.86$729
Jan 2022016081.844.54$726
Dec 2021018671.323.90$725
Nov 2021019177.435.24$1,000
Oct 2021018179.795.71$1,034
Sep 2021016569.865.35$883
Aug 2021017466.024.22$734
Jul 2021017770.783.98$705
Jun 2021018469.493.38$622
May 2021018263.483.02$549
Apr 2021017960.362.76$494
Mar 2021019661.302.72$533
Feb 2021018257.805.55$1,010
Jan 2021019850.412.81$556
Dec 2020019144.642.68$511
Nov 2020018638.772.71$503
Oct 2020018236.972.48$451
Sep 2020018237.091.99$362
Aug 2020012939.982.39$308
Jul 2020024038.371.83$438
Jun 2020016334.901.69$276
May 2020015716.921.81$285
Apr 2020012714.751.80$229
Mar 2020013330.341.86$247
Feb 2020017449.881.98$345
Jan 2020014057.252.09$293
Dec 2019050459.012.30$1,161
Nov 2019020955.302.75$575
Oct 2019010353.472.42$249
Sep 2019021255.052.66$563
Aug 2019015553.112.30$357
Jul 2019023856.272.46$585
Jun 2019030352.782.49$755
May 2019026558.482.74$726
Apr 2019019462.632.75$534
Mar 2019028956.803.06$885
Feb 2019024150.852.79$673
Jan 2019015746.033.23$507
Dec 2018017646.594.19$737
Nov 2018017552.934.24$742
Oct 2018020461.443.40$693
Sep 2018019659.543.11$609
Aug 2018017259.403.07$527
Jul 2018013365.142.93$390
Jun 201809960.183.08$305
May 2018017065.382.90$493
Apr 20184524563.842.90$3,584
Mar 201805361.222.79$148
Feb 201807061.782.77$194
Jan 2018017062.874.01$682
Dec 201709157.272.92$266
Nov 2017010355.423.12$321
Oct 2017013549.292.98$403
Sep 2017011647.523.09$358
Aug 2017011245.373.00$336
Jul 2017019243.873.09$593
Jun 2017019642.493.09$605
May 2017019745.373.26$643
Apr 2017028147.933.21$902
Mar 2017020146.772.98$600
Feb 2017012150.452.95$357
Jan 2017024549.413.42$838
Dec 20165524748.763.72$3,601
Nov 2016025142.492.64$664
Oct 2016019746.193.09$609
Sep 2016012341.553.10$381
Aug 2016020441.442.92$597
Jul 2016026441.622.92$772
Jun 2016019245.352.69$516
May 2016021842.521.99$434
Apr 2016017336.561.99$344
Mar 2016029733.011.79$533
Feb 2016013226.472.06$272
Jan 2016013027.352.36$307
Dec 2015021032.362.00$420
Nov 2015029538.792.17$639
Oct 2015024943.552.43$604
Sep 2015025342.992.76$698
Aug 2015034440.162.87$988
Jul 2015031948.152.95$939
Jun 201511915556.152.88$7,129
May 2015033455.212.96$987
Apr 2015016649.822.71$449
Mar 2015011242.892.93$329
Feb 2015018244.662.98$542
Jan 2015062543.433.10$1,938
Dec 2014040854.693.59$1,465
Nov 2014040670.464.25$1,726
Oct 2014032478.303.90$1,264
Sep 2014017386.164.05$700
Aug 2014030989.394.04$1,247
Jul 2014232396.564.18$1,543
Jun 2014025898.164.74$1,222
May 2014032494.734.73$1,531
Apr 2014035195.944.81$1,688
Mar 2014041595.895.06$2,099
Feb 2014052997.406.19$3,276
Jan 2014049690.404.86$2,411
Dec 2013060891.824.35$2,648
Nov 2013045188.853.74$1,686
Oct 2013049897.423.78$1,882
Sep 20130578104.113.72$2,149
Aug 20130530104.253.52$1,867
Jul 20130598102.523.72$2,223
Jun 2013052794.403.93$2,073
May 2013072894.834.15$3,021
Apr 2013062693.964.28$2,681
Mar 201311433593.623.91$11,983
Feb 2013029191.233.42$995
Jan 2013043691.603.42$1,491
Dec 2012048786.773.42$1,666
Nov 2012022286.953.62$805
Oct 2012063989.383.40$2,172
Sep 2012063694.672.92$1,856
Aug 2012063092.662.91$1,832
Jul 2012091885.133.02$2,773
Jun 2012073379.822.52$1,846
May 2012055191.612.49$1,371
Apr 20120602101.652.00$1,202
Mar 20120273105.052.22$607
Feb 20120689101.102.57$1,771
Jan 2012099998.092.73$2,731
Dec 2011090496.873.24$2,929
Nov 2011083695.723.31$2,768
Oct 2011096384.983.65$3,514
Sep 201111577483.623.99$12,701
Aug 2011074683.404.15$3,095
Jul 2011081294.144.52$3,668
Jun 2011074792.904.64$3,466
May 2011086298.134.40$3,797
Apr 20110800105.964.33$3,467
Mar 2011090496.364.06$3,668
Feb 2011064985.644.18$2,713
Jan 2011074686.504.59$3,423
Dec 2010088785.734.35$3,856
Nov 2010073180.843.80$2,774
Oct 2010092378.103.51$3,239
Sep 2010083272.633.98$3,311
Aug 2010091073.684.42$4,022
Jul 2010080572.554.74$3,813
Jun 2010082670.364.91$4,056
May 201012485071.124.24$12,419
Apr 2010088881.694.12$3,661
Mar 2010075378.394.39$3,305
Feb 2010081973.585.44$4,457
Jan 2010091374.365.96$5,445
Dec 2009085171.445.48$4,667
Nov 2009093874.593.75$3,519
Oct 2009083172.544.11$3,416
Sep 2009089765.543.06$2,749
Aug 2009088867.423.22$2,858
Jul 200901,00161.133.46$3,468
Jun 200911989666.163.90$11,363
May 200901,02454.743.93$4,020
Apr 2009092746.773.59$3,326
Mar 200901,00942.144.06$4,096
Feb 2009081532.814.63$3,776
Jan 200901,01135.865.37$5,430
Dec 200801,11537.105.98$6,665
Nov 2008087555.496.86$6,003
Oct 200801,05475.246.92$7,296
Sep 2008124976101.767.88$20,306
Aug 200801,162114.228.48$9,857
Jul 200801,027131.0811.39$11,697
Jun 200801,103131.3313.03$14,375
May 200801,087123.1711.57$12,581
Apr 200801,091110.3110.45$11,406
Mar 20080860101.909.66$8,311
Feb 2008084692.538.77$7,420
Jan 2008099390.388.21$8,148
Dec 200701,02288.337.30$7,463
Nov 2007094891.677.29$6,913
Oct 20071081,16582.856.92$17,012
Sep 200701,15375.846.24$7,200
Aug 200701,10469.066.39$7,052
Jul 200701,20070.906.39$7,666
Jun 200701,11862.007.55$8,439
May 200701,14658.747.85$8,992
Apr 200701,18059.617.81$9,210
Mar 200701,23156.927.30$8,989
Feb 20071101,06555.108.22$14,811
Jan 200701,14450.306.73$7,696
Dec 200601,38356.656.92$9,568
Nov 200601,26454.207.62$9,628
Oct 200601,24854.906.01$7,505
Sep 2006096160.085.04$4,841
Aug 2006097068.717.34$7,120
Jul 200601,15969.376.34$7,351
Jun 200601,08766.286.38$6,939
May 20061271,24966.016.42$16,408
Apr 200601,38564.397.36$10,194
Mar 200601,42756.707.08$10,107
Feb 2006049957.597.75$3,868
Jan 2006088260.598.93$7,879
Dec 200501,02054.9413.42$13,684
Nov 200501,04054.6910.59$11,012
Oct 2005086758.3413.80$11,961
Sep 200512391861.4512.08$18,647
Aug 200501,58061.519.80$15,479
Jul 200501,24555.697.84$9,765
Jun 200501,57552.337.38$11,625
May 200501,41345.226.65$9,398
Apr 200501,21849.207.36$8,965
Mar 200501,32550.377.15$9,480
Feb 200501,29845.226.31$8,193
Jan 20051361,36243.166.32$14,481
Dec 200401,14139.866.75$7,703
Nov 200401,24245.286.33$7,862
Oct 200401,16949.706.52$7,616
Sep 200401,36543.245.28$7,213
Aug 200401,26842.375.55$7,038
Jul 200401,15938.286.08$7,052
Jun 200401,24636.106.43$8,016
May 20041321,23637.486.49$12,975
Apr 200401,25934.475.86$7,376
Mar 200401,21434.365.53$6,714
Feb 200401,36532.455.51$7,521
Jan 200401,44132.036.30$9,078
Dec 200301,42230.266.30$8,961
Nov 20031361,50728.804.60$10,842
Oct 200301,60328.174.76$7,630
Sep 200301,62226.314.75$7,703
Aug 200301,57429.765.13$8,074
Jul 200301,94829.415.17$10,073
Jun 200301,73328.565.98$10,368
May 20031261,85626.595.97$14,436
Apr 200301,95526.675.41$10,571
Mar 200302,12031.146.10$12,924
Feb 200301,52233.487.93$12,063
Jan 200301,46530.315.58$8,178
Dec 20021301,36626.914.85$10,129
Nov 200201,29924.664.14$5,374
Oct 200201,45226.464.23$6,141
Sep 200201,32227.443.64$4,806
Aug 200201,39425.963.16$4,411
Jul 200201,37024.583.06$4,195
Jun 20021081,47923.733.34$7,500
May 200201,30924.663.58$4,691
Apr 200201,18823.653.51$4,173
Mar 200201,27022.003.10$3,940
Feb 200201,08918.222.38$2,587
Jan 2002069617.172.38$1,653
Dec 200101,01716.932.36$2,405
Nov 200101,04718.072.41$2,519
Oct 200101,42819.782.53$3,611
Sep 200101,52924.262.25$3,442
Aug 200101,43024.873.05$4,366
Jul 20011121,30723.933.20$6,859
Jun 200101,20324.563.82$4,600
May 200102,02225.524.31$8,709
Apr 200101,99924.685.34$10,665
Mar 200101,99924.545.38$10,748
Feb 200101,10327.755.77$6,361
Jan 200101,67727.478.40$14,085
Dec 200001,42726.889.12$13,018
Nov 20001212,32632.215.66$17,058
Oct 200002,29231.235.15$11,793
Sep 200002,22431.875.19$11,535
Aug 200002,27429.644.54$10,326
Jul 20001182,12328.534.09$12,049
Jun 200011,95929.304.40$8,644
May 200002,54727.263.68$9,372
Apr 200002,26224.513.12$7,048
Mar 20001102,53628.422.86$10,379
Feb 200001,48427.622.73$4,046
Jan 2000952,44525.272.48$8,465
Dec 199901,64224.282.42$3,980
Nov 1999044823.192.43$1,090
Oct 1999051320.982.80$1,438
Sep 199901,00921.752.62$2,642
Aug 1999068019.262.88$1,955
Jul 1999086617.892.37$2,054
Jun 19999496215.942.36$3,771
May 1999083415.792.32$1,936
Apr 1999056615.102.21$1,250
Mar 1999043012.471.84$790
Feb 199905449.981.82$989
Jan 1999061310.381.90$1,165
Dec 1998866609.201.77$1,962
Nov 1998080510.892.19$1,760
Oct 1998062812.421.97$1,237
Sep 1998073212.592.08$1,524
Aug 1998079611.301.91$1,518
Jul 19988894311.742.24$3,143
Jun 1998380911.242.24$1,844
May 1998097912.622.21$2,160
Apr 1998093313.042.51$2,337
Mar 1998099712.802.31$2,303
Feb 19981001,00413.952.30$3,703
Jan 199801,29114.702.15$2,782
Dec 199701,45316.322.41$3,503
Nov 199701,41818.193.09$4,379
Oct 1997891,47519.253.15$6,359
Sep 199701,26817.742.95$3,747
Aug 199711,47817.862.55$3,794
Jul 199701,96817.582.25$4,422
Jun 199701,54617.242.26$3,490
May 199701,03118.972.31$2,380
Apr 199701,36017.882.08$2,833
Mar 199701,62718.951.94$3,155
Feb 1997981,38320.492.21$5,059
Jan 199701,67923.483.54$5,943
Dec 199601,51823.32$0
Nov 199601,76121.97$0
Oct 1996792,49323.31$1,841
Sep 199602,02322.22$0
Aug 199602,27020.26$0
Jul 19961072,24219.55$2,092
Jun 199601,82818.73$0
May 199601,61519.43$0
Apr 199602,00921.51$0
Mar 1996922,36219.38$1,783
Feb 199602,06416.98$0
Jan 19961083,30917.07$1,844
Dec 199502,70217.19$0
Nov 199502,77416.00$0
Oct 19951103,05615.43$1,697
Sep 1995203,38716.18$324
Aug 199503,14515.92$0
Jul 19951072,66015.24$1,631
Jun 199502,94416.41$0
May 199503,81717.56$0
Apr 19951103,84017.73$1,950
Mar 199504,51816.44$0
Feb 19951204,56616.58$1,990
Jan 199505,91515.92$0
Dec 19941296,67615.03$1,939
Nov 19941125,98515.90$1,781
Oct 199405,99415.58$0
Sep 19941194,63615.29$1,820
Aug 19941206,00516.13$1,936
Jul 199403,26317.56$0
Jun 19941307,15817.09$2,222
May 19941337,29215.88$2,112
Apr 199408,45914.14$0
Mar 199418611,12712.46$2,318
Feb 199426710,43812.50$3,338
Jan 1994023412.66$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                   84 Mcf  × $  3.05 =       $256

────────────────────────────────────────────────────
Month total                                     $256

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/148479 is the state's own key, not one this site invented.