MEADOWS 1004

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 168994District 7CField 926266002 tax incentive programmesCondensateGasSaveExport
Value, all time
$658 k
May 1998 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
337
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 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
High Cost Gas111998-08-27139278
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
CondensateDisposition39 bbl$1,198
GasProduction153,012 Mcf$657,089
Total$658,287

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 30.6686, -101.3574. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66857, -101.35740 · 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
8,800 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 8,800 ft.

Completions filed
May 1998
1 of 1 wells

1 well

42-1053812918,800 ftMay 1998

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 (337)

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

337 months

May 20260102106.413.05$311
Apr 20260098.932.87$0
Mar 2026010889.753.15$340
Feb 2026023063.503.75$863
Jan 2026028059.138.00$2,239
Dec 2025027456.664.41$1,209
Nov 2025025058.593.93$982
Oct 2025025859.383.30$853
Sep 2025024662.743.08$757
Aug 2025024763.933.01$745
Jul 2025024466.743.32$809
Jun 2025024366.483.13$760
May 2025027360.553.23$882
Apr 2025025762.363.54$911
Mar 2025027667.704.27$1,178
Feb 2025023170.884.34$1,003
Jan 2025028774.324.28$1,228
Dec 2024027268.993.12$849
Nov 2024027269.052.20$598
Oct 2024027271.372.28$621
Sep 2024028669.612.36$676
Aug 2024029175.632.06$601
Jul 2024028979.932.15$620
Jun 2024032078.082.63$843
May 2024032078.812.20$704
Apr 2024026084.451.66$431
Mar 2024026780.301.55$413
Feb 2024026776.091.78$476
Jan 2024028273.023.30$930
Dec 2023028271.262.61$736
Nov 2023027477.892.81$769
Oct 2023029585.443.09$911
Sep 2023028389.042.74$774
Aug 2023028080.522.67$748
Jul 2023029674.852.64$782
Jun 2023028268.962.26$637
May 2023030570.622.23$679
Apr 2023030278.122.24$676
Mar 2023031172.852.39$744
Feb 2023028575.112.47$703
Jan 2023031276.533.39$1,057
Dec 2022028276.415.73$1,616
Nov 2022030185.005.65$1,700
Oct 2022034587.185.86$2,023
Sep 2022029684.888.16$2,416
Aug 2022030894.529.13$2,811
Jul 20220284101.587.54$2,142
Jun 20220283115.097.98$2,258
May 20220306109.378.43$2,581
Apr 20220294104.226.84$2,010
Mar 20220298108.885.08$1,513
Feb 2022026891.054.86$1,302
Jan 2022031581.844.54$1,429
Dec 2021029171.323.90$1,135
Nov 2021029877.435.24$1,561
Oct 2021031379.795.71$1,788
Sep 2021027469.865.35$1,466
Aug 2021033166.024.22$1,397
Jul 2021033470.783.98$1,330
Jun 2021033869.493.38$1,143
May 2021034063.483.02$1,026
Apr 2021036460.362.76$1,004
Mar 2021037961.302.72$1,030
Feb 2021035257.805.55$1,953
Jan 2021037750.412.81$1,059
Dec 2020040244.642.68$1,076
Nov 2020037038.772.71$1,001
Oct 2020036336.972.48$900
Sep 2020039637.091.99$788
Aug 2020045639.982.39$1,088
Jul 202008438.371.83$153
Jun 202006934.901.69$117
May 2020016216.921.81$294
Apr 2020019214.751.80$346
Mar 2020021130.341.86$392
Feb 2020019449.881.98$384
Jan 2020015857.252.09$331
Dec 2019019859.012.30$456
Nov 2019016755.302.75$459
Oct 2019019553.472.42$472
Sep 2019020155.052.66$534
Aug 2019058353.112.30$1,343
Jul 201909156.272.46$224
Jun 201908852.782.49$219
May 2019034758.482.74$951
Apr 2019018262.632.75$501
Mar 2019042256.803.06$1,292
Feb 2019038350.852.79$1,069
Jan 2019041646.033.23$1,343
Dec 2018043346.594.19$1,812
Nov 2018039352.934.24$1,665
Oct 2018041161.443.40$1,397
Sep 2018040459.543.11$1,256
Aug 2018044459.403.07$1,362
Jul 2018043565.142.93$1,275
Jun 2018041960.183.08$1,289
May 2018043165.382.90$1,250
Apr 2018040363.842.90$1,169
Mar 2018042961.222.79$1,196
Feb 2018038261.782.77$1,057
Jan 2018043562.874.01$1,744
Dec 2017043457.272.92$1,268
Nov 2017041555.423.12$1,294
Oct 2017041949.292.98$1,250
Sep 2017042147.523.09$1,300
Aug 2017043645.373.00$1,310
Jul 2017043343.873.09$1,337
Jun 2017041942.493.09$1,294
May 2017041445.373.26$1,351
Apr 2017042047.933.21$1,349
Mar 2017045146.772.98$1,346
Feb 2017037950.452.95$1,119
Jan 2017044749.413.42$1,528
Dec 2016039948.763.72$1,485
Nov 2016044042.492.64$1,164
Oct 2016043346.193.09$1,338
Sep 2016043141.553.10$1,336
Aug 2016045141.442.92$1,319
Jul 2016044341.622.92$1,295
Jun 2016042245.352.69$1,133
May 2016041842.521.99$832
Apr 2016045436.561.99$904
Mar 2016055033.011.79$987
Feb 201601,00326.472.06$2,070
Jan 201601,06027.352.36$2,506
Dec 2015092332.362.00$1,847
Nov 2015091238.792.17$1,977
Oct 2015067343.552.43$1,633
Sep 2015080642.992.76$2,223
Aug 2015076940.162.87$2,209
Jul 2015085448.152.95$2,515
Jun 2015091156.152.88$2,626
May 2015055955.212.96$1,652
Apr 2015078949.822.71$2,135
Mar 2015093942.892.93$2,756
Feb 2015090944.662.98$2,705
Jan 2015091543.433.10$2,837
Dec 2014088854.693.59$3,189
Nov 2014085670.464.25$3,640
Oct 2014074278.303.90$2,895
Sep 2014056086.164.05$2,265
Aug 2014053489.394.04$2,155
Jul 2014441796.564.18$2,129
Jun 2014041698.164.74$1,971
May 2014040694.734.73$1,919
Apr 2014039195.944.81$1,880
Mar 2014042395.895.06$2,139
Feb 2014039397.406.19$2,433
Jan 2014044890.404.86$2,178
Dec 2013042191.824.35$1,833
Nov 2013040588.853.74$1,514
Oct 2013043597.423.78$1,644
Sep 20130411104.113.72$1,528
Aug 20130460104.253.52$1,620
Jul 20130444102.523.72$1,651
Jun 2013044594.403.93$1,750
May 2013046294.834.15$1,917
Apr 2013045593.964.28$1,949
Mar 2013047493.623.91$1,855
Feb 2013042991.233.42$1,467
Jan 2013046091.603.42$1,573
Dec 2012048186.773.42$1,645
Nov 2012044586.953.62$1,613
Oct 2012047089.383.40$1,598
Sep 2012046194.672.92$1,345
Aug 2012045292.662.91$1,314
Jul 2012046485.133.02$1,402
Jun 2012045479.822.52$1,144
May 2012046491.612.49$1,155
Apr 20120454101.652.00$907
Mar 20120478105.052.22$1,062
Feb 20120430101.102.57$1,105
Jan 2012047098.092.73$1,285
Dec 2011046796.873.24$1,513
Nov 2011047395.723.31$1,566
Oct 2011063284.983.65$2,306
Sep 2011045583.623.99$1,814
Aug 2011046683.404.15$1,934
Jul 2011049494.144.52$2,232
Jun 2011045492.904.64$2,107
May 2011045498.134.40$2,000
Apr 20110473105.964.33$2,050
Mar 2011045396.364.06$1,838
Feb 2011041085.644.18$1,714
Jan 2011045686.504.59$2,092
Dec 2010046785.734.35$2,030
Nov 2010043880.843.80$1,662
Oct 2010046578.103.51$1,632
Sep 2010042972.633.98$1,707
Aug 2010049673.684.42$2,192
Jul 2010041672.554.74$1,970
Jun 2010045770.364.91$2,244
May 2010047471.124.24$2,007
Apr 2010044781.694.12$1,843
Mar 2010045978.394.39$2,014
Feb 2010043073.585.44$2,340
Jan 2010048074.365.96$2,863
Dec 2009046371.445.48$2,539
Nov 2009044974.593.75$1,684
Oct 2009049072.544.11$2,014
Sep 2009045665.543.06$1,398
Aug 2009048067.423.22$1,545
Jul 2009047961.133.46$1,660
Jun 2009046066.163.90$1,792
May 2009045554.743.93$1,786
Apr 2009044646.773.59$1,600
Mar 2009045842.144.06$1,859
Feb 2009040232.814.63$1,862
Jan 2009044435.865.37$2,385
Dec 2008042537.105.98$2,540
Nov 2008045355.496.86$3,108
Oct 2008052475.246.92$3,627
Sep 20080366101.767.88$2,883
Aug 20080423114.228.48$3,588
Jul 20080469131.0811.39$5,342
Jun 20080462131.3313.03$6,021
May 20080480123.1711.57$5,556
Apr 20080459110.3110.45$4,799
Mar 20080462101.909.66$4,465
Feb 2008044892.538.77$3,929
Jan 2008046190.388.21$3,783
Dec 2007045988.337.30$3,352
Nov 2007046091.677.29$3,354
Oct 2007048482.856.92$3,350
Sep 2007047375.846.24$2,953
Aug 2007047369.066.39$3,022
Jul 2007048370.906.39$3,085
Jun 2007045162.007.55$3,404
May 2007047158.747.85$3,696
Apr 2007046059.617.81$3,590
Mar 2007046356.927.30$3,381
Feb 2007040255.108.22$3,303
Jan 2007046650.306.73$3,135
Dec 2006046456.656.92$3,210
Nov 2006046954.207.62$3,573
Oct 2006045854.906.01$2,754
Sep 2006047760.085.04$2,403
Aug 2006050168.717.34$3,677
Jul 2006035169.376.34$2,226
Jun 2006044466.286.38$2,834
May 2006050766.016.42$3,257
Apr 2006039464.397.36$2,900
Mar 2006040656.707.08$2,876
Feb 2006053857.597.75$4,170
Jan 2006063660.598.93$5,682
Dec 2005048854.9413.42$6,547
Nov 2005042154.6910.59$4,458
Oct 2005043258.3413.80$5,960
Sep 2005040961.4512.08$4,940
Aug 2005042461.519.80$4,154
Jul 2005043155.697.84$3,381
Jun 2005041052.337.38$3,026
May 2005042645.226.65$2,833
Apr 2005040949.207.36$3,010
Mar 2005041750.377.15$2,984
Feb 2005039045.226.31$2,462
Jan 2005042743.166.32$2,700
Dec 2004041839.866.75$2,822
Nov 2004041945.286.33$2,652
Oct 2004042749.706.52$2,782
Sep 2004042243.245.28$2,230
Aug 2004046442.375.55$2,576
Jul 2004055338.286.08$3,365
Jun 2004034536.106.43$2,219
May 2004066837.486.49$4,338
Apr 20040034.475.86$0
Mar 2004038834.365.53$2,146
Feb 2004039332.455.51$2,165
Jan 2004043132.036.30$2,715
Dec 2003045530.266.30$2,867
Nov 2003043128.804.60$1,981
Oct 2003045728.174.76$2,175
Sep 2003045426.314.75$2,156
Aug 2003050129.765.13$2,570
Jul 2003049529.415.17$2,560
Jun 2003048928.565.98$2,926
May 2003051726.595.97$3,088
Apr 2003046626.675.41$2,520
Mar 2003055431.146.10$3,377
Feb 2003038433.487.93$3,044
Jan 200301,09130.315.58$6,090
Dec 200201,42726.914.85$6,926
Nov 2002096824.664.14$4,005
Oct 2002030626.464.23$1,294
Sep 2002049627.443.64$1,803
Aug 2002054225.963.16$1,715
Jul 2002054124.583.06$1,656
Jun 2002052423.733.34$1,749
May 2002054824.663.58$1,964
Apr 2002054423.653.51$1,911
Mar 2002052422.003.10$1,626
Feb 2002046918.222.38$1,114
Jan 2002051817.172.38$1,231
Dec 2001054016.932.36$1,277
Nov 2001052618.072.41$1,265
Oct 2001057919.782.53$1,464
Sep 2001057324.262.25$1,290
Aug 2001056924.873.05$1,737
Jul 2001060823.933.20$1,944
Jun 2001060124.563.82$2,298
May 2001061525.524.31$2,649
Apr 2001057824.685.34$3,084
Mar 2001057724.545.38$3,102
Feb 2001051727.755.77$2,982
Jan 2001057527.478.40$4,829
Dec 2000057026.889.12$5,200
Nov 2000061232.215.66$3,463
Oct 2000060631.235.15$3,118
Sep 2000063631.875.19$3,299
Aug 200001,17329.644.54$5,326
Jul 2000083628.534.09$3,419
Jun 2000063629.304.40$2,797
May 2000079027.263.68$2,907
Apr 2000059224.513.12$1,845
Mar 2000054028.422.86$1,544
Feb 2000055327.622.73$1,508
Jan 2000057325.272.48$1,421
Dec 1999059824.282.42$1,449
Nov 19993556923.192.43$2,197
Oct 1999062120.982.80$1,741
Sep 1999072021.752.62$1,886
Aug 1999072619.262.88$2,088
Jul 1999062617.892.37$1,485
Jun 1999055815.942.36$1,318
May 1999076515.792.32$1,776
Apr 1999058915.102.21$1,301
Mar 1999035612.471.84$654
Feb 199904779.981.82$867
Jan 1999035910.381.90$682
Dec 199805259.201.77$931
Nov 1998061110.892.19$1,335
Oct 1998065612.421.97$1,292
Sep 1998054912.592.08$1,143
Aug 1998079511.301.91$1,516
Jul 199801,28511.742.24$2,875
Jun 199801,21011.242.24$2,707
May 19980012.622.21$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                  102 Mcf  × $  3.05 =       $311

────────────────────────────────────────────────────
Month total                                     $311

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/168994 is the state's own key, not one this site invented.