UNIVERSITY 32-14W

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

Gas lease lease 186347District 7CField 429857002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Dec 2001 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
294
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 44 leases and 44 wells, and the rule below applies to all of them.

Discovered
1979-06-29
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 160 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUPENDED 4/1/95 PER COMPLETED AOF SURVEY

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 Gas112005-11-02164621
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
CondensateDisposition316 bbl$15,526
GasProduction1,214,114 Mcf$6,396,977
Total$6,412,503

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 30.6525, -101.3957. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65246, -101.39565 · 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
9,000 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 9,000 ft.

Completions filed
Dec 2001
1 of 1 wells

1 well

42-1053865459,000 ftDec 2001

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 (294)

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

294 months

May 2026097106.413.05$295
Apr 2026084198.932.87$2,413
Mar 202601,67589.753.15$5,275
Feb 2026083563.503.75$3,132
Jan 202601,30459.138.00$10,429
Dec 202502,35156.664.41$10,376
Nov 202502,35158.593.93$9,231
Oct 202501,36959.383.30$4,524
Sep 202501,24062.743.08$3,815
Aug 202502,34163.933.01$7,058
Jul 202501,77066.743.32$5,868
Jun 202501,77066.483.13$5,538
May 202501,28960.553.23$4,166
Apr 202501,72562.363.54$6,112
Mar 202502,39267.704.27$10,210
Feb 202502,08870.884.34$9,064
Jan 202502,06074.324.28$8,814
Dec 202401,97968.993.12$6,177
Nov 202401,77069.052.20$3,891
Oct 202401,55071.372.28$3,536
Sep 202401,55069.612.36$3,665
Aug 202401,43975.632.06$2,970
Jul 202401,31079.932.15$2,812
Jun 202401,98278.082.63$5,221
May 202401,98278.812.20$4,357
Apr 202401,69984.451.66$2,819
Mar 202401,56180.301.55$2,412
Feb 202401,48776.091.78$2,652
Jan 202401,74873.023.30$5,764
Dec 202301,74871.262.61$4,564
Nov 202301,32077.892.81$3,706
Oct 202301,72685.443.09$5,329
Sep 202301,66289.042.74$4,546
Aug 202301,32880.522.67$3,550
Jul 202301,18974.852.64$3,141
Jun 202301,40168.962.26$3,164
May 202301,47070.622.23$3,274
Apr 202301,38178.122.24$3,090
Mar 202301,54172.852.39$3,688
Feb 202301,43675.112.47$3,541
Jan 202301,29176.533.39$4,374
Dec 202201,50776.415.73$8,634
Nov 202201,69385.005.65$9,559
Oct 202201,72587.185.86$10,115
Sep 202201,72584.888.16$14,082
Aug 202201,56294.529.13$14,257
Jul 202202,370101.587.54$17,875
Jun 202201,824115.097.98$14,550
May 202201,648109.378.43$13,898
Apr 202201,784104.226.84$12,198
Mar 202201,661108.885.08$8,432
Feb 202201,56591.054.86$7,604
Jan 202201,56581.844.54$7,101
Dec 202101,90571.323.90$7,428
Nov 202101,35577.435.24$7,096
Oct 202101,23879.795.71$7,074
Sep 202102,23869.865.35$11,975
Aug 202102,23866.024.22$9,446
Jul 202101,33070.783.98$5,296
Jun 202101,18169.493.38$3,993
May 202101,16063.483.02$3,501
Apr 202101,50960.362.76$4,162
Mar 202101,22961.302.72$3,339
Feb 202101,10457.805.55$6,125
Jan 202101,48350.412.81$4,168
Dec 202001,62544.642.68$4,348
Nov 202001,47638.772.71$3,995
Oct 202001,61936.972.48$4,013
Sep 202001,50837.091.99$3,002
Aug 202001,03239.982.39$2,461
Jul 202001,55638.371.83$2,840
Jun 202001,23834.901.69$2,093
May 202001,90516.921.81$3,457
Apr 2020027014.751.80$487
Mar 202001,33330.341.86$2,474
Feb 202001,46149.881.98$2,894
Jan 202001,79357.252.09$3,756
Dec 201901,64059.012.30$3,779
Nov 201901,71655.302.75$4,720
Oct 201901,88453.472.42$4,557
Sep 201901,75755.052.66$4,669
Aug 201901,60453.112.30$3,696
Jul 2019068456.272.46$1,683
Jun 2019011152.782.49$277
May 2019076358.482.74$2,091
Apr 2019069262.632.75$1,903
Mar 201901,49556.803.06$4,578
Feb 201901,35450.852.79$3,781
Jan 201901,51546.033.23$4,891
Dec 201801,37046.594.19$5,734
Nov 201801,35252.934.24$5,729
Oct 201801,42561.443.40$4,842
Sep 201801,43659.543.11$4,463
Aug 201801,67159.403.07$5,124
Jul 201801,59765.142.93$4,682
Jun 201801,22260.183.08$3,760
May 201801,67765.382.90$4,865
Apr 201801,36863.842.90$3,968
Mar 201801,91861.222.79$5,345
Feb 201801,55161.782.77$4,290
Jan 201801,58562.874.01$6,355
Dec 2017092157.272.92$2,691
Nov 2017086155.423.12$2,685
Oct 201701,00549.292.98$2,999
Sep 201701,08247.523.09$3,340
Aug 201701,29845.373.00$3,900
Jul 201701,26843.873.09$3,915
Jun 201701,24342.493.09$3,837
May 201701,14545.373.26$3,737
Apr 201701,28147.933.21$4,114
Mar 201701,39646.772.98$4,165
Feb 201701,29750.452.95$3,830
Jan 201701,46249.413.42$4,998
Dec 2016097748.763.72$3,637
Nov 201601,19642.492.64$3,163
Oct 201601,03846.193.09$3,208
Sep 201601,13141.553.10$3,507
Aug 201601,00841.442.92$2,948
Jul 201601,15341.622.92$3,372
Jun 2016072445.352.69$1,945
May 201601,50642.521.99$2,999
Apr 201601,96436.561.99$3,910
Mar 201601,92933.011.79$3,461
Feb 201601,93826.472.06$3,999
Jan 201602,64127.352.36$6,244
Dec 201502,01932.362.00$4,041
Nov 201503,14038.792.17$6,805
Oct 201502,41543.552.43$5,860
Sep 201502,27942.992.76$6,286
Aug 201502,76340.162.87$7,937
Jul 201503,18648.152.95$9,383
Jun 201503,39556.152.88$9,787
May 201503,88555.212.96$11,482
Apr 201502,20049.822.71$5,954
Mar 201502,44842.892.93$7,184
Feb 201502,85844.662.98$8,506
Jan 2015151,20643.433.10$4,391
Dec 201401,63654.693.59$5,875
Nov 201402,14070.464.25$9,099
Oct 201401,92678.303.90$7,513
Sep 201401,78586.164.05$7,221
Aug 201402,06889.394.04$8,345
Jul 201402,16796.564.18$9,057
Jun 201402,01698.164.74$9,550
May 201402,08294.734.73$9,841
Apr 201402,00995.944.81$9,662
Mar 201401,45095.895.06$7,332
Feb 201401,19897.406.19$7,418
Jan 201401,73590.404.86$8,433
Dec 201301,14491.824.35$4,982
Nov 201301,32788.853.74$4,961
Oct 20130097.423.78$0
Sep 201302,061104.113.72$7,662
Aug 201301,431104.253.52$5,041
Jul 201301,484102.523.72$5,517
Jun 201301,60794.403.93$6,321
May 201301,65994.834.15$6,883
Apr 20130093.964.28$0
Mar 2013882,20693.623.91$16,870
Feb 201302,55491.233.42$8,734
Jan 201302,58691.603.42$8,844
Dec 201202,36786.773.42$8,096
Nov 201202,96386.953.62$10,741
Oct 201202,62789.383.40$8,931
Sep 201202,20094.672.92$6,420
Aug 201202,85392.662.91$8,297
Jul 201202,97885.133.02$8,996
Jun 201202,54079.822.52$6,398
May 201202,36391.612.49$5,880
Apr 201202,699101.652.00$5,389
Mar 201202,469105.052.22$5,486
Feb 201202,822101.102.57$7,253
Jan 201202,80798.092.73$7,675
Dec 201103,01296.873.24$9,758
Nov 201102,66795.723.31$8,831
Oct 201103,05484.983.65$11,143
Sep 201102,55783.623.99$10,192
Aug 201102,79583.404.15$11,597
Jul 201103,49094.144.52$15,765
Jun 201103,48592.904.64$16,170
May 201103,64298.134.40$16,042
Apr 201103,010105.964.33$13,043
Mar 201103,39396.364.06$13,767
Feb 201103,66285.644.18$15,307
Jan 201103,74286.504.59$17,171
Dec 201003,35585.734.35$14,587
Nov 201003,21480.843.80$12,198
Oct 201003,28678.103.51$11,530
Sep 201003,58972.633.98$14,282
Aug 201003,41173.684.42$15,074
Jul 201002,40772.554.74$11,401
Jun 2010017470.364.91$854
May 201002,83871.124.24$12,020
Apr 201002,96681.694.12$12,228
Mar 201003,04078.394.39$13,342
Feb 201003,04573.585.44$16,572
Jan 201003,20574.365.96$19,115
Dec 200903,53271.445.48$19,369
Nov 200903,48374.593.75$13,066
Oct 200903,36272.544.11$13,819
Sep 200903,22165.543.06$9,872
Aug 200904,33267.423.22$13,943
Jul 200904,43861.133.46$15,375
Jun 200903,73266.163.90$14,536
May 200904,35254.743.93$17,085
Apr 200904,00946.773.59$14,382
Mar 200904,65342.144.06$18,887
Feb 200904,05832.814.63$18,801
Jan 200904,36535.865.37$23,444
Dec 200805,51037.105.98$32,934
Nov 200806,05955.496.86$41,567
Oct 200845,88675.246.92$41,044
Sep 200801,909101.767.88$15,037
Aug 200804,211114.228.48$35,722
Jul 200804,833131.0811.39$55,045
Jun 200804,488131.3313.03$58,490
May 200805,252123.1711.57$60,788
Apr 200804,636110.3110.45$48,469
Mar 200824,679101.909.66$45,422
Feb 200804,68992.538.77$41,125
Jan 200805,16890.388.21$42,407
Dec 200705,07788.337.30$37,072
Nov 200714,96591.677.29$36,295
Oct 200705,78982.856.92$40,071
Sep 200706,01975.846.24$37,584
Aug 200706,27469.066.39$40,078
Jul 200706,48170.906.39$41,400
Jun 200706,49162.007.55$48,997
May 200716,34658.747.85$49,851
Apr 200706,20959.617.81$48,462
Mar 200706,50956.927.30$47,529
Feb 200705,95155.108.22$48,893
Jan 200706,61750.306.73$44,512
Dec 200607,06856.656.92$48,900
Nov 200616,99054.207.62$53,300
Oct 200608,89054.906.01$53,463
Sep 200607,20160.085.04$36,273
Aug 200607,62768.717.34$55,982
Jul 200607,66469.376.34$48,611
Jun 200607,47766.286.38$47,732
May 200607,86766.016.42$50,545
Apr 200607,84664.397.36$57,750
Mar 200608,00056.707.08$56,663
Feb 200607,70657.597.75$59,730
Jan 200607,90360.598.93$70,600
Dec 200508,15954.9413.42$109,456
Nov 200508,17954.6910.59$86,603
Oct 200528,89058.3413.80$122,761
Sep 200508,71461.4512.08$105,256
Aug 200509,61661.519.80$94,206
Jul 2005139,70455.697.84$76,839
Jun 200509,27452.337.38$68,452
May 200528,55845.226.65$57,011
Apr 200509,34249.207.36$68,762
Mar 200539,33150.377.15$66,913
Feb 200508,82645.226.31$55,709
Jan 2005010,12143.166.32$63,987
Dec 200407,32539.866.75$49,452
Nov 200408,51745.286.33$53,916
Oct 2004010,20849.706.52$66,506
Sep 200409,78143.245.28$51,682
Aug 200409,67142.375.55$53,680
Jul 2004010,73638.286.08$65,320
Jun 2004010,66036.106.43$68,576
May 2004011,41037.486.49$74,103
Apr 2004011,20134.475.86$65,621
Mar 2004011,59134.365.53$64,100
Feb 2004011,47132.455.51$63,201
Jan 2004012,16432.036.30$76,629
Dec 2003012,55430.266.30$79,111
Nov 2003012,53828.804.60$57,614
Oct 2003014,15428.174.76$67,368
Sep 20031799,97426.314.75$52,080
Aug 2003011,42629.765.13$58,612
Jul 2003012,61129.415.17$65,209
Jun 2003013,05628.565.98$78,114
May 2003012,99126.595.97$77,591
Apr 2003312,78326.675.41$69,201
Mar 2003012,71931.146.10$77,536
Feb 2003011,42433.487.93$90,545
Jan 2003013,10530.315.58$73,153
Dec 2002014,05826.914.85$68,234
Nov 2002013,94424.664.14$57,686
Oct 2002015,13626.464.23$64,012
Sep 2002213,22927.443.64$48,145
Aug 2002015,44025.963.16$48,855
Jul 2002016,13724.583.06$49,408
Jun 2002016,19023.733.34$54,046
May 2002018,50624.663.58$66,326
Apr 2002015,53223.653.51$54,553
Mar 2002017,98622.003.10$55,806
Feb 2002016,96318.222.38$40,299
Jan 2002017,82017.172.38$42,335
Dec 200108,45916.932.36$20,000

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                   97 Mcf  × $  3.05 =       $295

────────────────────────────────────────────────────
Month total                                     $295

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/186347 is the state's own key, not one this site invented.