UNIVERSITY 32-5N

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 188565District 7CField 926266002 tax incentive programmesGasSaveExport
Value, all time
$935 k
Apr 2002 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
290
no gaps in the span
Streams
1
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 Gas112002-06-28148188
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
GasProduction195,886 Mcf$935,041
Total$935,041

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 30.6576, -101.4473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65758, -101.44728 · 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
8,900 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 8,900 ft.

Completions filed
Apr 2002
1 of 1 wells

1 well

42-1053881328,900 ftApr 2002

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 (290)

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

290 months

May 2026424106.413.05$1,291
Apr 20264598.932.87$129
Mar 202613289.753.15$416
Feb 202633963.503.75$1,271
Jan 202621859.138.00$1,744
Dec 202523056.664.41$1,015
Nov 202532158.593.93$1,260
Oct 202524559.383.30$810
Sep 202527862.743.08$855
Aug 202527863.933.01$838
Jul 202532866.743.32$1,087
Jun 202523866.483.13$745
May 202530960.553.23$999
Apr 202530362.363.54$1,074
Mar 202532667.704.27$1,391
Feb 202527370.884.34$1,185
Jan 202533574.324.28$1,433
Dec 202431468.993.12$980
Nov 202431469.052.20$690
Oct 202433371.372.28$760
Sep 202434869.612.36$823
Aug 202435275.632.06$726
Jul 202436279.932.15$777
Jun 202437578.082.63$988
May 202437578.812.20$824
Apr 202427284.451.66$451
Mar 202425680.301.55$396
Feb 202425676.091.78$457
Jan 202431273.023.30$1,029
Dec 202333171.262.61$864
Nov 202332977.892.81$924
Oct 202335585.443.09$1,096
Sep 202334089.042.74$930
Aug 202333080.522.67$882
Jul 202335274.852.64$930
Jun 202330968.962.26$698
May 202336370.622.23$809
Apr 202334578.122.24$772
Mar 202336872.852.39$881
Feb 202333575.112.47$826
Jan 202335676.533.39$1,206
Dec 202232276.415.73$1,845
Nov 202235485.005.65$1,999
Oct 202239787.185.86$2,328
Sep 202234284.888.16$2,792
Aug 202235894.529.13$3,268
Jul 2022323101.587.54$2,436
Jun 2022360115.097.98$2,872
May 2022340109.378.43$2,867
Apr 2022378104.226.84$2,585
Mar 2022361108.885.08$1,833
Feb 202231491.054.86$1,526
Jan 202237181.844.54$1,683
Dec 202135671.323.90$1,388
Nov 202136977.435.24$1,932
Oct 202138979.795.71$2,223
Sep 202136269.865.35$1,937
Aug 202138766.024.22$1,633
Jul 202139870.783.98$1,585
Jun 202141269.493.38$1,393
May 202141263.483.02$1,243
Apr 202139560.362.76$1,090
Mar 202140961.302.72$1,111
Feb 202137857.805.55$2,097
Jan 202141750.412.81$1,172
Dec 202043944.642.68$1,175
Nov 202042038.772.71$1,137
Oct 202041136.972.48$1,019
Sep 202045037.091.99$896
Aug 202048639.982.39$1,159
Jul 202051038.371.83$931
Jun 202047134.901.69$796
May 202058916.921.81$1,069
Apr 20204914.751.80$88
Mar 202044730.341.86$830
Feb 202043649.881.98$864
Jan 202045457.252.09$951
Dec 201951159.012.30$1,178
Nov 201958555.302.75$1,609
Oct 201955253.472.42$1,335
Sep 201950755.052.66$1,347
Aug 201946453.112.30$1,069
Jul 201919956.272.46$490
Jun 201919352.782.49$481
May 201937058.482.74$1,014
Apr 201917362.632.75$476
Mar 201945756.803.06$1,399
Feb 201941450.852.79$1,156
Jan 201946146.033.23$1,488
Dec 201848946.594.19$2,047
Nov 201839652.934.24$1,678
Oct 201845361.443.40$1,539
Sep 201843659.543.11$1,355
Aug 201848859.403.07$1,496
Jul 201848365.142.93$1,416
Jun 201847260.183.08$1,452
May 201847965.382.90$1,389
Apr 201845963.842.90$1,331
Mar 201849761.222.79$1,385
Feb 201843961.782.77$1,214
Jan 201849462.874.01$1,981
Dec 201752257.272.92$1,525
Nov 201747855.423.12$1,491
Oct 201749349.292.98$1,471
Sep 201746747.523.09$1,442
Aug 201751545.373.00$1,547
Jul 201750343.873.09$1,553
Jun 201747442.493.09$1,463
May 201745745.373.26$1,491
Apr 201747547.933.21$1,526
Mar 201750346.772.98$1,501
Feb 201745150.452.95$1,332
Jan 201747049.413.42$1,607
Dec 201644048.763.72$1,638
Nov 201650442.492.64$1,333
Oct 201648946.193.09$1,511
Sep 20161,11641.553.10$3,460
Aug 201666041.442.92$1,930
Jul 201653941.622.92$1,576
Jun 201648945.352.69$1,313
May 201649842.521.99$992
Apr 201654436.561.99$1,083
Mar 201654433.011.79$976
Feb 201654826.472.06$1,131
Jan 201662627.352.36$1,480
Dec 201546932.362.00$939
Nov 201553938.792.17$1,168
Oct 201558543.552.43$1,420
Sep 201554442.992.76$1,501
Aug 201555640.162.87$1,597
Jul 201560148.152.95$1,770
Jun 201556456.152.88$1,626
May 201553255.212.96$1,572
Apr 201552449.822.71$1,418
Mar 201553642.892.93$1,573
Feb 201553144.662.98$1,580
Jan 201555543.433.10$1,721
Dec 201455054.693.59$1,975
Nov 201453870.464.25$2,287
Oct 201453778.303.90$2,095
Sep 201450386.164.05$2,035
Aug 201460989.394.04$2,457
Jul 201454896.564.18$2,290
Jun 201452698.164.74$2,492
May 201451394.734.73$2,425
Apr 201450895.944.81$2,443
Mar 201454295.895.06$2,741
Feb 201450797.406.19$3,139
Jan 201455090.404.86$2,673
Dec 201352491.824.35$2,282
Nov 201353388.853.74$1,993
Oct 201357297.423.78$2,162
Sep 2013535104.113.72$1,989
Aug 2013600104.253.52$2,114
Jul 2013583102.523.72$2,167
Jun 201359294.403.93$2,329
May 201360394.834.15$2,502
Apr 201362493.964.28$2,672
Mar 201361893.623.91$2,418
Feb 201395091.233.42$3,249
Jan 20131,01391.603.42$3,464
Dec 20121,09686.773.42$3,749
Nov 20121,07986.953.62$3,911
Oct 20122,42689.383.40$8,248
Sep 201298394.672.92$2,869
Aug 201250592.662.91$1,469
Jul 201258685.133.02$1,770
Jun 201250679.822.52$1,275
May 20124,21891.612.49$10,496
Apr 2012573101.652.00$1,144
Mar 2012618105.052.22$1,373
Feb 2012526101.102.57$1,352
Jan 201257498.092.73$1,569
Dec 201158396.873.24$1,889
Nov 201157095.723.31$1,887
Oct 201157584.983.65$2,098
Sep 201154283.623.99$2,160
Aug 201158283.404.15$2,415
Jul 201158294.144.52$2,629
Jun 201145692.904.64$2,116
May 201151598.134.40$2,268
Apr 2011578105.964.33$2,505
Mar 201155796.364.06$2,260
Feb 201148385.644.18$2,019
Jan 201156386.504.59$2,583
Dec 201050785.734.35$2,204
Nov 201059980.843.80$2,273
Oct 201060578.103.51$2,123
Sep 201056572.633.98$2,248
Aug 201061073.684.42$2,696
Jul 201061772.554.74$2,922
Jun 201058570.364.91$2,873
May 201062371.124.24$2,639
Apr 201059381.694.12$2,445
Mar 201061278.394.39$2,686
Feb 201058773.585.44$3,195
Jan 201064974.365.96$3,871
Dec 200963271.445.48$3,466
Nov 200963274.593.75$2,371
Oct 200965772.544.11$2,700
Sep 200962265.543.06$1,906
Aug 200963367.423.22$2,037
Jul 200969661.133.46$2,411
Jun 200963866.163.90$2,485
May 200960854.743.93$2,387
Apr 200959146.773.59$2,120
Mar 200974242.144.06$3,012
Feb 200958232.814.63$2,696
Jan 200966135.865.37$3,550
Dec 20085,07837.105.98$30,352
Nov 200862355.496.86$4,274
Oct 200871475.246.92$4,942
Sep 2008526101.767.88$4,143
Aug 2008568114.228.48$4,818
Jul 2008659131.0811.39$7,506
Jun 2008651131.3313.03$8,484
May 2008696123.1711.57$8,056
Apr 2008665110.3110.45$6,952
Mar 2008673101.909.66$6,504
Feb 200865692.538.77$5,754
Jan 200866190.388.21$5,424
Dec 200764688.337.30$4,717
Nov 200767991.677.29$4,951
Oct 200772982.856.92$5,046
Sep 200771475.846.24$4,458
Aug 200774769.066.39$4,772
Jul 200773470.906.39$4,689
Jun 200772262.007.55$5,450
May 200758258.747.85$4,567
Apr 200768959.617.81$5,378
Mar 200770456.927.30$5,141
Feb 200764955.108.22$5,332
Jan 200770150.306.73$4,716
Dec 200672856.656.92$5,037
Nov 200669054.207.62$5,256
Oct 200679054.906.01$4,751
Sep 200670860.085.04$3,566
Aug 200676768.717.34$5,630
Jul 200671769.376.34$4,548
Jun 200668366.286.38$4,360
May 200674166.016.42$4,761
Apr 200669464.397.36$5,108
Mar 200675156.707.08$5,319
Feb 200670257.597.75$5,441
Jan 200678960.598.93$7,048
Dec 200579454.9413.42$10,652
Nov 200577054.6910.59$8,153
Oct 200580758.3413.80$11,133
Sep 200578961.4512.08$9,530
Aug 200582561.519.80$8,082
Jul 200583655.697.84$6,557
Jun 200582452.337.38$6,082
May 200584545.226.65$5,620
Apr 20051,43149.207.36$10,533
Mar 20052,30350.377.15$16,478
Feb 20052,02445.226.31$12,775
Jan 20051,85443.166.32$11,721
Dec 20041,81139.866.75$12,226
Nov 20041,59945.286.33$10,122
Oct 20041,48149.706.52$9,649
Sep 20041,21143.245.28$6,399
Aug 200499642.375.55$5,528
Jul 200494338.286.08$5,737
Jun 200489736.106.43$5,770
May 200490637.486.49$5,884
Apr 200491234.475.86$5,343
Mar 200493834.365.53$5,187
Feb 200487232.455.51$4,804
Jan 200495432.036.30$6,010
Dec 20031,00930.266.30$6,358
Nov 20031,01728.804.60$4,673
Oct 20031,06828.174.76$5,083
Sep 20031,05426.314.75$5,006
Aug 20031,10229.765.13$5,653
Jul 20031,15329.415.17$5,962
Jun 20031,18128.565.98$7,066
May 20031,32326.595.97$7,902
Apr 20031,26226.675.41$6,824
Mar 20031,31431.146.10$8,010
Feb 20031,14933.487.93$9,107
Jan 20031,38330.315.58$7,720
Dec 20021,46126.914.85$7,091
Nov 20021,67424.664.14$6,925
Oct 20021,71526.464.23$7,253
Sep 20021,68327.443.64$6,118
Aug 20022,00825.963.16$6,354
Jul 20022,37824.583.06$7,281
Jun 20022,62323.733.34$8,756
May 20024,09424.663.58$14,673
Apr 20021,60523.653.51$5,637

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
Gas                  424 Mcf  × $  3.05 =     $1,291

────────────────────────────────────────────────────
Month total                                   $1,291

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/188565 is the state's own key, not one this site invented.