UNIVERSITY 32-16S

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 219297District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jun 2006 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
240
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 Gas112006-12-15171927
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
CondensateDisposition294 bbl$27,242
GasProduction459,697 Mcf$2,120,021
Total$2,147,263

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 30.6353, -101.3801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.63534, -101.38014 · 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
9,290 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 9,290 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-1053969139,290 ftJun 2006

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 (240)

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

240 months

May 202601,206106.413.05$3,673
Apr 202601698.932.87$46
Mar 2026027489.753.15$863
Feb 2026081963.503.75$3,072
Jan 2026047159.138.00$3,767
Dec 2025058356.664.41$2,573
Nov 2025074858.593.93$2,937
Oct 2025060059.383.30$1,983
Sep 2025067562.743.08$2,077
Aug 2025065363.933.01$1,969
Jul 2025066466.743.32$2,201
Jun 2025066566.483.13$2,081
May 2025070760.553.23$2,285
Apr 2025068962.363.54$2,441
Mar 2025076867.704.27$3,278
Feb 2025073870.884.34$3,204
Jan 2025080374.324.28$3,436
Dec 2024083168.993.12$2,594
Nov 2024083169.052.20$1,827
Oct 2024073571.372.28$1,677
Sep 2024098569.612.36$2,329
Aug 2024063675.632.06$1,312
Jul 2024089979.932.15$1,930
Jun 202401,02978.082.63$2,710
May 202401,02978.812.20$2,262
Apr 2024068884.451.66$1,142
Mar 2024074380.301.55$1,148
Feb 2024074376.091.78$1,325
Jan 2024096373.023.30$3,176
Dec 2023083071.262.61$2,167
Nov 2023093177.892.81$2,614
Oct 2023092785.443.09$2,862
Sep 2023084689.042.74$2,314
Aug 2023086680.522.67$2,315
Jul 2023093074.852.64$2,457
Jun 2023094268.962.26$2,127
May 2023095370.622.23$2,123
Apr 202301,00378.122.24$2,244
Mar 202301,04972.852.39$2,510
Feb 2023087875.112.47$2,165
Jan 2023082976.533.39$2,808
Dec 2022083676.415.73$4,790
Nov 2022088185.005.65$4,974
Oct 202201,10887.185.86$6,497
Sep 2022099284.888.16$8,098
Aug 202201,00994.529.13$9,209
Jul 20220971101.587.54$7,323
Jun 20220959115.097.98$7,650
May 202201,082109.378.43$9,125
Apr 20220976104.226.84$6,674
Mar 202201,054108.885.08$5,351
Feb 2022093791.054.86$4,553
Jan 202201,12981.844.54$5,123
Dec 2021099171.323.90$3,864
Nov 202101,07277.435.24$5,614
Oct 202101,13479.795.71$6,480
Sep 202101,09769.865.35$5,870
Aug 202101,11666.024.22$4,710
Jul 202101,16170.783.98$4,623
Jun 202101,13569.493.38$3,837
May 202101,17163.483.02$3,534
Apr 202101,27260.362.76$3,509
Mar 202101,32061.302.72$3,586
Feb 202101,24857.805.55$6,924
Jan 202101,33250.412.81$3,743
Dec 202001,40644.642.68$3,762
Nov 202001,31638.772.71$3,562
Oct 202001,28936.972.48$3,195
Sep 202001,41137.091.99$2,809
Aug 202001,51939.982.39$3,623
Jul 202001,53838.371.83$2,807
Jun 202001,57734.901.69$2,666
May 202002,28416.921.81$4,145
Apr 2020035914.751.80$648
Mar 202001,49830.341.86$2,781
Feb 202001,45549.881.98$2,882
Jan 202001,53957.252.09$3,224
Dec 201901,65459.012.30$3,811
Nov 201901,68155.302.75$4,624
Oct 201902,18953.472.42$5,294
Sep 201901,88355.052.66$5,004
Aug 201901,72453.112.30$3,973
Jul 2019096956.272.46$2,384
Jun 2019045752.782.49$1,138
May 2019024858.482.74$680
Apr 2019062962.632.75$1,730
Mar 201901,58456.803.06$4,850
Feb 201901,33450.852.79$3,725
Jan 201901,61746.033.23$5,220
Dec 201801,64146.594.19$6,868
Nov 201801,41352.934.24$5,987
Oct 201801,47561.443.40$5,012
Sep 201801,49959.543.11$4,659
Aug 201801,64959.403.07$5,057
Jul 201801,62665.142.93$4,767
Jun 201801,58160.183.08$4,865
May 201801,62165.382.90$4,702
Apr 201801,56563.842.90$4,540
Mar 201801,63361.222.79$4,551
Feb 201801,41261.782.77$3,906
Jan 201801,61262.874.01$6,463
Dec 201701,65657.272.92$4,838
Nov 201701,55755.423.12$4,855
Oct 201701,60549.292.98$4,789
Sep 201701,48447.523.09$4,582
Aug 201701,64845.373.00$4,951
Jul 201701,65543.873.09$5,109
Jun 201701,59142.493.09$4,912
May 201701,58445.373.26$5,169
Apr 201701,57647.933.21$5,061
Mar 201701,74846.772.98$5,215
Feb 201701,47850.452.95$4,364
Jan 201701,72449.413.42$5,894
Dec 201601,52448.763.72$5,674
Nov 201601,50142.492.64$3,969
Oct 201601,64346.193.09$5,077
Sep 201601,71341.553.10$5,311
Aug 201601,87441.442.92$5,480
Jul 201601,70241.622.92$4,977
Jun 201601,62845.352.69$4,373
May 201601,64942.521.99$3,283
Apr 201601,80436.561.99$3,592
Mar 201601,80133.011.79$3,231
Feb 201601,79726.472.06$3,708
Jan 201601,90527.352.36$4,504
Dec 201501,72832.362.00$3,458
Nov 201501,69638.792.17$3,676
Oct 201501,79843.552.43$4,363
Sep 201501,66242.992.76$4,584
Aug 201501,69040.162.87$4,855
Jul 201501,86048.152.95$5,478
Jun 201501,97656.152.88$5,697
May 201501,83555.212.96$5,423
Apr 201501,78849.822.71$4,839
Mar 201501,82942.892.93$5,368
Feb 201501,76844.662.98$5,262
Jan 201501,96743.433.10$6,099
Dec 201401,88754.693.59$6,777
Nov 201401,90070.464.25$8,079
Oct 201401,87978.303.90$7,330
Sep 201401,70786.164.05$6,906
Aug 201402,11289.394.04$8,522
Jul 201401,92796.564.18$8,054
Jun 201401,83398.164.74$8,683
May 201401,76194.734.73$8,323
Apr 201401,75995.944.81$8,459
Mar 201401,88595.895.06$9,532
Feb 201401,74897.406.19$10,824
Jan 201401,91890.404.86$9,323
Dec 201301,86091.824.35$8,099
Nov 201301,87188.853.74$6,994
Oct 201301,85297.423.78$6,999
Sep 201301,968104.113.72$7,317
Aug 201302,062104.253.52$7,264
Jul 2013241,990102.523.72$9,859
Jun 2013282,06894.403.93$10,777
May 2013382,16694.834.15$12,590
Apr 2013102,18493.964.28$10,293
Mar 2013392,17793.623.91$12,170
Feb 2013212,03391.233.42$8,869
Jan 2013262,13691.603.42$9,687
Dec 2012182,02586.773.42$8,488
Nov 2012251,94186.953.62$9,210
Oct 2012241,96189.383.40$8,812
Sep 2012172,09894.672.92$7,732
Aug 2012152,03892.662.91$7,317
Jul 201292,11685.133.02$7,158
Jun 201202,06779.822.52$5,207
May 201202,10791.612.49$5,243
Apr 201202,127101.652.00$4,247
Mar 201202,230105.052.22$4,955
Feb 201202,042101.102.57$5,248
Jan 201202,23598.092.73$6,111
Dec 201102,23796.873.24$7,247
Nov 201102,12795.723.31$7,043
Oct 201102,31584.983.65$8,446
Sep 201102,24083.623.99$8,928
Aug 201102,25383.404.15$9,348
Jul 201102,35994.144.52$10,656
Jun 201102,26792.904.64$10,519
May 201102,33998.134.40$10,303
Apr 201102,338105.964.33$10,131
Mar 201102,27896.364.06$9,243
Feb 201102,02785.644.18$8,473
Jan 201102,22486.504.59$10,205
Dec 201002,29885.734.35$9,991
Nov 201002,30880.843.80$8,760
Oct 201002,38678.103.51$8,372
Sep 201002,17372.633.98$8,647
Aug 201002,55373.684.42$11,283
Jul 2010015,59472.554.74$73,861
Jun 201002,54570.364.91$12,497
May 201002,41971.124.24$10,245
Apr 201002,04881.694.12$8,443
Mar 201001,87278.394.39$8,216
Feb 201002,59473.585.44$14,117
Jan 201002,37874.365.96$14,183
Dec 200902,31871.445.48$12,711
Nov 200902,39374.593.75$8,977
Oct 200902,20872.544.11$9,075
Sep 200902,17665.543.06$6,669
Aug 200902,38667.423.22$7,679
Jul 200902,55061.133.46$8,834
Jun 200902,66266.163.90$10,368
May 200902,74854.743.93$10,788
Apr 200902,79446.773.59$10,023
Mar 200902,73642.144.06$11,105
Feb 200902,49132.814.63$11,541
Jan 200902,60935.865.37$14,013
Dec 200802,40837.105.98$14,393
Nov 200802,55355.496.86$17,515
Oct 200802,76875.246.92$19,160
Sep 200802,404101.767.88$18,937
Aug 200802,553114.228.48$21,657
Jul 200802,820131.0811.39$32,118
Jun 200802,970131.3313.03$38,707
May 200802,855123.1711.57$33,045
Apr 200803,163110.3110.45$33,069
Mar 200803,339101.909.66$32,268
Feb 200803,31892.538.77$29,101
Jan 200803,51990.388.21$28,876
Dec 200703,58488.337.30$26,170
Nov 200703,46391.677.29$25,251
Oct 200703,73082.856.92$25,819
Sep 200703,66775.846.24$22,897
Aug 200703,91669.066.39$25,015
Jul 200703,93270.906.39$25,117
Jun 200703,81762.007.55$28,812
May 200703,83358.747.85$30,075
Apr 200703,93159.617.81$30,682
Mar 200704,04756.927.30$29,551
Feb 200703,69455.108.22$30,350
Jan 200704,33050.306.73$29,127
Dec 200604,68156.656.92$32,385
Nov 200604,86954.207.62$37,090
Oct 200605,44454.906.01$32,739
Sep 200605,69660.085.04$28,692
Aug 200606,74968.717.34$49,537
Jul 200607,12669.376.34$45,199
Jun 200603,11666.286.38$19,892

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                1,206 Mcf  × $  3.05 =     $3,673

────────────────────────────────────────────────────
Month total                                   $3,673

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/219297 is the state's own key, not one this site invented.