UNIVERSITY 31-32E

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 214982District 7CField 926266002 tax incentive programmesCondensateGasSaveExport
Value, all time
$485 k
Nov 2005 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
247
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 Gas112006-07-26168661
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
CondensateDisposition143 bbl$7,912
GasProduction92,060 Mcf$476,661
Total$484,574

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 30.6952, -101.3674. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.69520, -101.36739 · 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
9,143 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 9,143 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-1053969249,143 ftNov 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 (247)

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

247 months

May 2026034106.413.05$104
Apr 20260098.932.87$0
Mar 202605689.753.15$176
Feb 2026013963.503.75$521
Jan 2026014759.138.00$1,176
Dec 2025016756.664.41$737
Nov 2025015758.593.93$616
Oct 2025014059.383.30$463
Sep 2025014662.743.08$449
Aug 2025015363.933.01$461
Jul 2025014166.743.32$467
Jun 2025014966.483.13$466
May 2025016760.553.23$540
Apr 2025014462.363.54$510
Mar 2025016667.704.27$709
Feb 2025014270.884.34$616
Jan 2025016674.324.28$710
Dec 2024016768.993.12$521
Nov 2024016769.052.20$367
Oct 2024016771.372.28$381
Sep 2024018169.612.36$428
Aug 2024017875.632.06$367
Jul 2024018279.932.15$391
Jun 2024021678.082.63$569
May 2024021678.812.20$475
Apr 2024011584.451.66$191
Mar 2024016680.301.55$256
Feb 2024016676.091.78$296
Jan 2024014373.023.30$472
Dec 2023017171.262.61$446
Nov 2023016477.892.81$460
Oct 2023018985.443.09$584
Sep 2023018189.042.74$495
Aug 2023018480.522.67$492
Jul 2023020274.852.64$534
Jun 2023019468.962.26$438
May 202307070.622.23$156
Apr 2023012478.122.24$277
Mar 2023018872.852.39$450
Feb 2023017875.112.47$439
Jan 2023019776.533.39$667
Dec 2022018876.415.73$1,077
Nov 2022019885.005.65$1,118
Oct 2022018187.185.86$1,061
Sep 2022019184.888.16$1,559
Aug 2022020194.529.13$1,835
Jul 20220182101.587.54$1,373
Jun 20220194115.097.98$1,548
May 20220218109.378.43$1,838
Apr 20220139104.226.84$950
Mar 20220202108.885.08$1,025
Feb 2022012491.054.86$603
Jan 2022020881.844.54$944
Dec 2021017771.323.90$690
Nov 2021020077.435.24$1,047
Oct 2021021679.795.71$1,234
Sep 2021020569.865.35$1,097
Aug 2021023166.024.22$975
Jul 2021027370.783.98$1,087
Jun 2021026669.493.38$899
May 2021021963.483.02$661
Apr 2021021660.362.76$596
Mar 2021024161.302.72$655
Feb 2021013657.805.55$755
Jan 2021020050.412.81$562
Dec 2020018644.642.68$498
Nov 2020021938.772.71$593
Oct 2020021036.972.48$520
Sep 2020023037.091.99$458
Aug 2020025639.982.39$611
Jul 2020026738.371.83$487
Jun 2020025334.901.69$428
May 2020038416.921.81$697
Apr 202006214.751.80$112
Mar 2020016330.341.86$303
Feb 2020016749.881.98$331
Jan 2020015457.252.09$323
Dec 2019029059.012.30$668
Nov 2019030255.302.75$831
Oct 2019027553.472.42$665
Sep 201909655.052.66$255
Aug 2019030653.112.30$705
Jul 201905656.272.46$138
Jun 2019013952.782.49$346
May 201908058.482.74$219
Apr 2019010162.632.75$278
Mar 2019027256.803.06$833
Feb 2019022050.852.79$614
Jan 2019027046.033.23$872
Dec 2018028046.594.19$1,172
Nov 2018022952.934.24$970
Oct 2018025861.443.40$877
Sep 2018025659.543.11$796
Aug 2018028859.403.07$883
Jul 2018227665.142.93$939
Jun 2018320560.183.08$811
May 2018324065.382.90$892
Apr 2018327863.842.90$998
Mar 2018419761.222.79$794
Feb 2018425861.782.77$961
Jan 2018332562.874.01$1,492
Dec 2017419657.272.92$802
Nov 2017227755.423.12$975
Oct 2017328049.292.98$983
Sep 2017227647.523.09$947
Aug 2017328745.373.00$998
Jul 2017129343.873.09$948
Jun 2017228042.493.09$949
May 2017328245.373.26$1,056
Apr 2017327847.933.21$1,037
Mar 2017431346.772.98$1,121
Feb 2017326750.452.95$940
Jan 2017435149.413.42$1,398
Dec 2016421748.763.72$1,003
Nov 2016433642.492.64$1,058
Oct 2016322946.193.09$846
Sep 2016330141.553.10$1,058
Aug 2016432141.442.92$1,104
Jul 2016530141.622.92$1,088
Jun 2016728645.352.69$1,086
May 2016730442.521.99$903
Apr 2016531936.561.99$818
Mar 2016833833.011.79$870
Feb 2016630826.472.06$794
Jan 2016436727.352.36$977
Dec 2015030932.362.00$618
Nov 2015034438.792.17$746
Oct 2015036143.552.43$876
Sep 2015032942.992.76$908
Aug 2015035840.162.87$1,028
Jul 2015031848.152.95$937
Jun 2015036756.152.88$1,058
May 2015031855.212.96$940
Apr 2015032649.822.71$882
Mar 2015032542.892.93$954
Feb 2015031144.662.98$926
Jan 2015035443.433.10$1,098
Dec 2014033654.693.59$1,207
Nov 2014033370.464.25$1,416
Oct 2014032778.303.90$1,276
Sep 2014031186.164.05$1,258
Aug 2014037289.394.04$1,501
Jul 2014035096.564.18$1,463
Jun 2014033798.164.74$1,596
May 2014033194.734.73$1,564
Apr 2014035595.944.81$1,707
Mar 2014029795.895.06$1,502
Feb 2014033097.406.19$2,043
Jan 2014035490.404.86$1,721
Dec 2013033891.824.35$1,472
Nov 2013034688.853.74$1,293
Oct 2013037497.423.78$1,413
Sep 20130339104.113.72$1,260
Aug 20130389104.253.52$1,370
Jul 20130382102.523.72$1,420
Jun 2013032394.403.93$1,270
May 2013039294.834.15$1,626
Apr 2013037493.964.28$1,602
Mar 2013039693.623.91$1,550
Feb 2013036391.233.42$1,241
Jan 2013039091.603.42$1,334
Dec 2012040486.773.42$1,382
Nov 2012039386.953.62$1,425
Oct 2012040889.383.40$1,387
Sep 2012040294.672.92$1,173
Aug 2012040292.662.91$1,169
Jul 2012341085.133.02$1,494
Jun 2012540479.822.52$1,417
May 2012541991.612.49$1,501
Apr 20126420101.652.00$1,449
Mar 20123446105.052.22$1,306
Feb 20123471101.102.57$1,514
Jan 2012231098.092.73$1,044
Dec 2011044096.873.24$1,425
Nov 2011042795.723.31$1,414
Oct 2011042984.983.65$1,565
Sep 2011042083.623.99$1,674
Aug 2011043883.404.15$1,817
Jul 2011046094.144.52$2,078
Jun 2011044692.904.64$2,069
May 2011046798.134.40$2,057
Apr 20110458105.964.33$1,985
Mar 2011043396.364.06$1,757
Feb 2011038785.644.18$1,618
Jan 2011046086.504.59$2,111
Dec 201001,42985.734.35$6,213
Nov 2010051780.843.80$1,962
Oct 2010071178.103.51$2,495
Sep 2010016272.633.98$645
Aug 2010057173.684.42$2,523
Jul 2010027072.554.74$1,279
Jun 2010049670.364.91$2,436
May 2010051671.124.24$2,185
Apr 2010049981.694.12$2,057
Mar 2010050978.394.39$2,234
Feb 2010050273.585.44$2,732
Jan 2010054974.365.96$3,274
Dec 2009053171.445.48$2,912
Nov 2009052974.593.75$1,985
Oct 2009055972.544.11$2,298
Sep 2009054965.543.06$1,683
Aug 2009072267.423.22$2,324
Jul 2009044761.133.46$1,549
Jun 2009043666.163.90$1,698
May 2009043854.743.93$1,719
Apr 2009033546.773.59$1,202
Mar 2009057242.144.06$2,322
Feb 2009051732.814.63$2,395
Jan 2009057035.865.37$3,061
Dec 2008055737.105.98$3,329
Nov 2008060955.496.86$4,178
Oct 2008066275.246.92$4,582
Sep 20080526101.767.88$4,143
Aug 20080599114.228.48$5,081
Jul 20080704131.0811.39$8,018
Jun 20080742131.3313.03$9,670
May 200801,285123.1711.57$14,873
Apr 200801,073110.3110.45$11,218
Mar 20080892101.909.66$8,620
Feb 2008049492.538.77$4,333
Jan 2008050490.388.21$4,136
Dec 2007051388.337.30$3,746
Nov 2007054491.677.29$3,967
Oct 2007060782.856.92$4,202
Sep 2007066375.846.24$4,140
Aug 2007060269.066.39$3,846
Jul 2007064170.906.39$4,095
Jun 2007051262.007.55$3,865
May 2007054758.747.85$4,292
Apr 2007048159.617.81$3,754
Mar 2007072956.927.30$5,323
Feb 2007074155.108.22$6,088
Jan 2007059150.306.73$3,976
Dec 2006060756.656.92$4,199
Nov 2006064854.207.62$4,936
Oct 2006079654.906.01$4,787
Sep 2006074060.085.04$3,728
Aug 2006074368.717.34$5,454
Jul 2006086969.376.34$5,512
Jun 2006087966.286.38$5,611
May 2006094466.016.42$6,065
Apr 2006091264.397.36$6,713
Mar 200601,18356.707.08$8,379
Feb 200601,13257.597.75$8,774
Jan 200601,43760.598.93$12,837
Dec 200501,93554.9413.42$25,959
Nov 200501,68754.6910.59$17,863

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                   34 Mcf  × $  3.05 =       $104

────────────────────────────────────────────────────
Month total                                     $104

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/214982 is the state's own key, not one this site invented.