UNIVERSITY 32-9

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 208192District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Jan 2005 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
257
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 Gas112005-06-21164012
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
CondensateDisposition1,197 bbl$99,638
GasProduction472,472 Mcf$2,374,498
Total$2,474,136

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 30.6427, -101.4232. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.64267, -101.42317 · 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
Jan 2005
1 of 1 wells

1 well

42-1053945529,000 ftJan 2005

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 (257)

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

257 months

May 202601,142106.413.05$3,478
Apr 202601798.932.87$49
Mar 2026038489.753.15$1,209
Feb 2026095363.503.75$3,574
Jan 2026067559.138.00$5,399
Dec 2025073556.664.41$3,244
Nov 2025098658.593.93$3,871
Oct 2025075859.383.30$2,505
Sep 2025092562.743.08$2,846
Aug 2025092863.933.01$2,798
Jul 2025093566.743.32$3,100
Jun 2025092766.483.13$2,900
May 202501,00160.553.23$3,236
Apr 2025096562.363.54$3,419
Mar 202501,03967.704.27$4,435
Feb 2025087070.884.34$3,777
Jan 202501,08974.324.28$4,659
Dec 202401,05168.993.12$3,281
Nov 202401,05169.052.20$2,311
Oct 202401,06771.372.28$2,434
Sep 202401,20869.612.36$2,856
Aug 2024084575.632.06$1,744
Jul 202401,03779.932.15$2,226
Jun 202401,27678.082.63$3,361
May 202401,27678.812.20$2,805
Apr 2024080284.451.66$1,331
Mar 202401,01180.301.55$1,562
Feb 202401,01176.091.78$1,803
Jan 202401,08273.023.30$3,568
Dec 202301,08271.262.61$2,825
Nov 202301,05477.892.81$2,959
Oct 202301,13785.443.09$3,510
Sep 202301,09289.042.74$2,987
Aug 202301,08380.522.67$2,895
Jul 202301,14174.852.64$3,014
Jun 202301,08968.962.26$2,459
May 202301,17170.622.23$2,608
Apr 202301,15978.122.24$2,594
Mar 202301,20872.852.39$2,891
Feb 202301,09175.112.47$2,690
Jan 202301,11876.533.39$3,787
Dec 202201,10776.415.73$6,342
Nov 202201,15685.005.65$6,527
Oct 202201,24787.185.86$7,312
Sep 202201,14284.888.16$9,323
Aug 202201,15294.529.13$10,514
Jul 202201,107101.587.54$8,349
Jun 202201,093115.097.98$8,719
May 202201,173109.378.43$9,892
Apr 202201,098104.226.84$7,508
Mar 202201,139108.885.08$5,782
Feb 202201,06391.054.86$5,165
Jan 202201,26081.844.54$5,717
Dec 202101,18371.323.90$4,613
Nov 202101,21577.435.24$6,363
Oct 202101,27279.795.71$7,268
Sep 202101,19569.865.35$6,394
Aug 202101,28466.024.22$5,419
Jul 202101,31270.783.98$5,224
Jun 202101,27869.493.38$4,320
May 202101,29963.483.02$3,920
Apr 202101,21660.362.76$3,354
Mar 202101,28761.302.72$3,497
Feb 202101,22257.805.55$6,780
Jan 202101,31350.412.81$3,690
Dec 202001,48344.642.68$3,968
Nov 202001,10438.772.71$2,988
Oct 202001,27236.972.48$3,153
Sep 202001,38537.091.99$2,758
Aug 202001,48539.982.39$3,542
Jul 202001,48038.371.83$2,701
Jun 202001,52334.901.69$2,574
May 202002,09316.921.81$3,798
Apr 2020040614.751.80$733
Mar 202001,44530.341.86$2,682
Feb 202001,39849.881.98$2,769
Jan 202001,44857.252.09$3,033
Dec 201901,61459.012.30$3,719
Nov 201901,59555.302.75$4,387
Oct 201901,75653.472.42$4,247
Sep 201901,84355.052.66$4,897
Aug 201901,42053.112.30$3,272
Jul 2019056856.272.46$1,397
Jun 2019019452.782.49$483
May 201901,05658.482.74$2,894
Apr 2019058262.632.75$1,601
Mar 201901,49556.803.06$4,578
Feb 201901,36550.852.79$3,811
Jan 201901,49346.033.23$4,820
Dec 201801,61946.594.19$6,776
Nov 201801,32052.934.24$5,593
Oct 201801,51061.443.40$5,131
Sep 201801,41759.543.11$4,404
Aug 201801,51959.403.07$4,658
Jul 201801,57365.142.93$4,612
Jun 201801,54260.183.08$4,745
May 201801,50665.382.90$4,369
Apr 201801,48163.842.90$4,296
Mar 201801,51561.222.79$4,222
Feb 201801,35361.782.77$3,743
Jan 201801,52962.874.01$6,130
Dec 201701,55257.272.92$4,534
Nov 201701,46255.423.12$4,559
Oct 201701,49249.292.98$4,452
Sep 201701,45547.523.09$4,492
Aug 201701,53645.373.00$4,615
Jul 201701,52943.873.09$4,720
Jun 201701,47142.493.09$4,541
May 201701,46145.373.26$4,768
Apr 201701,44747.933.21$4,647
Mar 201701,59646.772.98$4,762
Feb 201701,35650.452.95$4,004
Jan 201701,58649.413.42$5,422
Dec 201601,43248.763.72$5,331
Nov 201601,60142.492.64$4,234
Oct 201601,57646.193.09$4,870
Sep 201601,55641.553.10$4,825
Aug 201601,67241.442.92$4,890
Jul 201601,58841.622.92$4,644
Jun 201601,50945.352.69$4,053
May 201601,53642.521.99$3,058
Apr 201601,69736.561.99$3,379
Mar 201601,96833.011.79$3,531
Feb 201602,19026.472.06$4,519
Jan 201602,13527.352.36$5,048
Dec 201501,98432.362.00$3,971
Nov 201501,70138.792.17$3,687
Oct 201502,04743.552.43$4,967
Sep 201501,76342.992.76$4,863
Aug 201501,88940.162.87$5,426
Jul 201501,98748.152.95$5,852
Jun 201501,86756.152.88$5,382
May 201501,74155.212.96$5,145
Apr 201501,66949.822.71$4,517
Mar 201501,73842.892.93$5,101
Feb 201501,66444.662.98$4,952
Jan 201501,85943.433.10$5,764
Dec 201401,78054.693.59$6,393
Nov 201401,77970.464.25$7,564
Oct 201401,75878.303.90$6,858
Sep 201401,61986.164.05$6,550
Aug 201401,96289.394.04$7,917
Jul 201461,81496.564.18$8,161
Jun 201461,71698.164.74$8,717
May 201441,65494.734.73$8,197
Apr 201481,64395.944.81$8,669
Mar 201461,76695.895.06$9,506
Feb 201461,64797.406.19$10,783
Jan 201461,80690.404.86$9,321
Dec 201301,71091.824.35$7,446
Nov 201301,74788.853.74$6,531
Oct 201301,93297.423.78$7,302
Sep 201301,615104.113.72$6,004
Aug 201301,776104.253.52$6,256
Jul 201301,781102.523.72$6,621
Jun 201301,86194.403.93$7,320
May 201302,03594.834.15$8,443
Apr 201302,03693.964.28$8,719
Mar 201301,92593.623.91$7,532
Feb 201301,60391.233.42$5,482
Jan 201301,83291.603.42$6,265
Dec 201201,87086.773.42$6,396
Nov 201201,80686.953.62$6,547
Oct 201201,85789.383.40$6,313
Sep 201201,83194.672.92$5,344
Aug 201201,80092.662.91$5,235
Jul 201201,84585.133.02$5,573
Jun 201201,80279.822.52$4,539
May 201201,86491.612.49$4,638
Apr 201201,848101.652.00$3,690
Mar 201202,014105.052.22$4,475
Feb 201201,540101.102.57$3,958
Jan 201201,95098.092.73$5,331
Dec 201101,95996.873.24$6,347
Nov 201101,89895.723.31$6,285
Oct 201101,92484.983.65$7,020
Sep 201101,82283.623.99$7,262
Aug 2011291,88683.404.15$10,244
Jul 2011231,97394.144.52$11,078
Jun 2011391,87292.904.64$12,309
May 2011291,66098.134.40$10,158
Apr 2011431,948105.964.33$12,998
Mar 2011561,89696.364.06$13,089
Feb 2011421,68085.644.18$10,619
Jan 2011461,88986.504.59$12,647
Dec 2010471,90285.734.35$12,299
Nov 2010491,90080.843.80$11,172
Oct 2010311,99578.103.51$9,421
Sep 2010521,85672.633.98$11,163
Aug 2010332,00473.684.42$11,288
Jul 2010241,92472.554.74$10,854
Jun 2010291,99570.364.91$11,837
May 2010272,04971.124.24$10,598
Apr 2010471,98381.694.12$12,015
Mar 201012,04078.394.39$9,031
Feb 2010441,78473.585.44$12,947
Jan 20101001,93874.365.96$18,994
Dec 2009612,08471.445.48$15,786
Nov 200902,00874.593.75$7,533
Oct 2009241,97772.544.11$9,867
Sep 200901,92165.543.06$5,887
Aug 200902,10067.423.22$6,759
Jul 2009152,13861.133.46$8,324
Jun 2009102,09566.163.90$8,822
May 2009181,99054.743.93$8,798
Apr 200901,86946.773.59$6,705
Mar 2009281,92742.144.06$9,002
Feb 2009251,91632.814.63$9,697
Jan 200902,08435.865.37$11,193
Dec 200802,16137.105.98$12,917
Nov 200802,00555.496.86$13,755
Oct 2008342,48475.246.92$19,752
Sep 2008151,492101.767.88$13,279
Aug 2008212,026114.228.48$19,585
Jul 2008272,333131.0811.39$30,111
Jun 200802,319131.3313.03$30,223
May 2008222,440123.1711.57$30,951
Apr 2008252,368110.3110.45$27,515
Mar 2008392,396101.909.66$27,129
Feb 200802,38792.538.77$20,935
Jan 200802,49890.388.21$20,498
Dec 200702,51288.337.30$18,343
Nov 200702,50591.677.29$18,266
Oct 200702,57182.856.92$17,796
Sep 200702,17975.846.24$13,606
Aug 200702,13769.066.39$13,651
Jul 200702,16370.906.39$13,817
Jun 200701,69662.007.55$12,802
May 200702,29758.747.85$18,023
Apr 200702,85259.617.81$22,260
Mar 200707,34456.927.30$53,626
Feb 200706,66655.108.22$54,768
Jan 200707,54650.306.73$50,761
Dec 200607,75356.656.92$53,639
Nov 200604,62354.207.62$35,216
Oct 200605,26654.906.01$31,669
Sep 200602,73260.085.04$13,762
Aug 200602,96468.717.34$21,756
Jul 200603,07369.376.34$19,491
Jun 200602,97866.286.38$19,011
May 200603,11566.016.42$20,014
Apr 200603,06564.397.36$22,560
Mar 200603,17956.707.08$22,517
Feb 200602,92057.597.75$22,633
Jan 200603,35960.598.93$30,007
Dec 200503,43854.9413.42$46,122
Nov 200503,38854.6910.59$35,874
Oct 200503,57458.3413.80$49,306
Sep 200503,60661.4512.08$43,557
Aug 200503,80361.519.80$37,257
Jul 200503,94455.697.84$30,935
Jun 200503,94052.337.38$29,081
May 200504,27145.226.65$28,407
Apr 200504,56049.207.36$33,564
Mar 200505,41750.377.15$38,758
Feb 200504,43445.226.31$27,987
Jan 20050043.166.32$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                1,142 Mcf  × $  3.05 =     $3,478

────────────────────────────────────────────────────
Month total                                   $3,478

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/208192 is the state's own key, not one this site invented.