UNIVERSITY 54-24

Operated by UPP OPERATING, LLC (P-5 875310) in the OZONA, NE. (CANYON 7520) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235164District 7CField 679985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$615 k
Jul 2007 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
227
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 592 leases and 641 wells, and the rule below applies to all of them.

Discovered
1966-01-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-10-22.

The Commission's schedule remark for this field reads: PER DOCKET 01-0299858, THIS FIELD HAS BEEN DESIGNATED AS A UFT

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 Gas112008-06-23179195
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 bbl$37
GasProduction119,038 Mcf$614,518
Total$614,555

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 30.9475, -100.9158. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.94747, -100.91577 · 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
8,400 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 8,400 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-4133246538,400 ftJul 2007

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 (227)

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

227 months

May 2026095106.413.05$289
Apr 2026010898.932.87$310
Mar 202607589.753.15$236
Feb 202609663.503.75$360
Jan 2026010259.138.00$816
Dec 2025010756.664.41$472
Nov 2025012358.593.93$483
Oct 2025012159.383.30$400
Sep 2025010162.743.08$311
Aug 2025011063.933.01$332
Jul 2025016666.743.32$550
Jun 2025012966.483.13$404
May 2025015660.553.23$504
Apr 2025015162.363.54$535
Mar 2025016167.704.27$687
Feb 2025012770.884.34$551
Jan 2025016374.324.28$697
Dec 2024016068.993.12$499
Nov 2024015669.052.20$343
Oct 2024015971.372.28$363
Sep 2024016869.612.36$397
Aug 2024016675.632.06$343
Jul 2024016079.932.15$343
Jun 2024016678.082.63$437
May 2024017678.812.20$387
Apr 2024016784.451.66$277
Mar 2024017980.301.55$277
Feb 2024016776.091.78$298
Jan 2024017573.023.30$577
Dec 2023025071.262.61$653
Nov 2023019477.892.81$545
Oct 2023020085.443.09$617
Sep 2023017689.042.74$481
Aug 2023019080.522.67$508
Jul 2023020474.852.64$539
Jun 2023014568.962.26$327
May 2023020170.622.23$448
Apr 2023019078.122.24$425
Mar 2023021872.852.39$522
Feb 2023015675.112.47$385
Jan 2023019476.533.39$657
Dec 2022019376.415.73$1,106
Nov 2022018485.005.65$1,039
Oct 2022019787.185.86$1,155
Sep 2022019184.888.16$1,559
Aug 2022019094.529.13$1,734
Jul 20220199101.587.54$1,501
Jun 20220188115.097.98$1,500
May 20220192109.378.43$1,619
Apr 20220189104.226.84$1,292
Mar 20220192108.885.08$975
Feb 2022017691.054.86$855
Jan 2022020281.844.54$917
Dec 2021020871.323.90$811
Nov 2021019477.435.24$1,016
Oct 2021022079.795.71$1,257
Sep 2021020869.865.35$1,113
Aug 2021024766.024.22$1,042
Jul 2021012870.783.98$510
Jun 2021023969.493.38$808
May 20210063.483.02$0
Apr 20210860.362.76$22
Mar 202107261.302.72$196
Feb 202108557.805.55$472
Jan 2021010650.412.81$298
Dec 202007444.642.68$198
Nov 2020017338.772.71$468
Oct 202009036.972.48$223
Sep 202009937.091.99$197
Aug 2020013339.982.39$317
Jul 202009538.371.83$173
Jun 2020016134.901.69$272
May 2020020716.921.81$376
Apr 2020019114.751.80$345
Mar 2020020430.341.86$379
Feb 2020020349.881.98$402
Jan 2020022057.252.09$461
Dec 2019016759.012.30$385
Nov 2019011555.302.75$316
Oct 2019022553.472.42$544
Sep 2019028155.052.66$747
Aug 2019026053.112.30$599
Jul 2019027456.272.46$674
Jun 2019021452.782.49$533
May 2019027058.482.74$740
Apr 2019025362.632.75$696
Mar 2019023256.803.06$710
Feb 2019022050.852.79$614
Jan 2019022446.033.23$723
Dec 2018026946.594.19$1,126
Nov 2018024852.934.24$1,051
Oct 2018025561.443.40$867
Sep 2018027259.543.11$845
Aug 2018027859.403.07$853
Jul 2018028865.142.93$844
Jun 2018029660.183.08$911
May 2018027065.382.90$783
Apr 2018029163.842.90$844
Mar 2018029861.222.79$830
Feb 2018025261.782.77$697
Jan 2018023862.874.01$954
Dec 2017021357.272.92$622
Nov 2017019855.423.12$617
Oct 2017021849.292.98$650
Sep 2017019847.523.09$611
Aug 2017016745.373.00$502
Jul 2017029143.873.09$898
Jun 2017032542.493.09$1,003
May 2017033145.373.26$1,080
Apr 2017031847.933.21$1,021
Mar 2017037046.772.98$1,104
Feb 2017033550.452.95$989
Jan 2017035149.413.42$1,200
Dec 2016036148.763.72$1,344
Nov 2016032842.492.64$867
Oct 2016037546.193.09$1,159
Sep 2016037241.553.10$1,153
Aug 2016038841.442.92$1,135
Jul 2016036441.622.92$1,064
Jun 2016036945.352.69$991
May 2016039142.521.99$779
Apr 2016136536.561.99$763
Mar 2016039033.011.79$700
Feb 2016034826.472.06$718
Jan 2016036727.352.36$868
Dec 2015037232.362.00$745
Nov 2015037838.792.17$819
Oct 2015039343.552.43$954
Sep 2015034642.992.76$954
Aug 2015041140.162.87$1,181
Jul 2015045548.152.95$1,340
Jun 2015043356.152.88$1,248
May 2015046855.212.96$1,383
Apr 2015064949.822.71$1,757
Mar 2015043942.892.93$1,288
Feb 2015038244.662.98$1,137
Jan 2015044643.433.10$1,383
Dec 2014049454.693.59$1,774
Nov 2014045970.464.25$1,952
Oct 2014048178.303.90$1,876
Sep 2014075286.164.05$3,042
Aug 2014047289.394.04$1,905
Jul 2014050096.564.18$2,090
Jun 2014045898.164.74$2,169
May 2014052194.734.73$2,463
Apr 2014066495.944.81$3,193
Mar 2014014595.895.06$733
Feb 2014045297.406.19$2,799
Jan 2014048590.404.86$2,357
Dec 2013050491.824.35$2,195
Nov 2013049288.853.74$1,839
Oct 2013046197.423.78$1,742
Sep 20130415104.113.72$1,543
Aug 20130457104.253.52$1,610
Jul 20130543102.523.72$2,019
Jun 2013060794.403.93$2,388
May 2013053794.834.15$2,228
Apr 2013060193.964.28$2,574
Mar 2013041593.623.91$1,624
Feb 2013055391.233.42$1,891
Jan 2013050391.603.42$1,720
Dec 2012023186.773.42$790
Nov 2012057486.953.62$2,081
Oct 2012048089.383.40$1,632
Sep 2012054994.672.92$1,602
Aug 2012051192.662.91$1,486
Jul 2012057385.133.02$1,731
Jun 2012062479.822.52$1,572
May 2012063591.612.49$1,580
Apr 20120600101.652.00$1,198
Mar 20120635105.052.22$1,411
Feb 20120630101.102.57$1,619
Jan 2012067798.092.73$1,851
Dec 2011068596.873.24$2,219
Nov 2011056595.723.31$1,871
Oct 2011074884.983.65$2,729
Sep 2011061783.623.99$2,459
Aug 2011056983.404.15$2,361
Jul 2011061094.144.52$2,756
Jun 2011068392.904.64$3,169
May 2011071998.134.40$3,167
Apr 20110711105.964.33$3,081
Mar 2011078696.364.06$3,189
Feb 2011074785.644.18$3,122
Jan 2011076286.504.59$3,497
Dec 2010072685.734.35$3,156
Nov 2010071980.843.80$2,729
Oct 2010076678.103.51$2,688
Sep 2010068672.633.98$2,730
Aug 2010046673.684.42$2,059
Jul 2010063372.554.74$2,998
Jun 2010083970.364.91$4,120
May 2010089471.124.24$3,786
Apr 2010082881.694.12$3,414
Mar 2010071578.394.39$3,138
Feb 2010075973.585.44$4,131
Jan 2010092874.365.96$5,535
Dec 2009098471.445.48$5,396
Nov 200901,03074.593.75$3,864
Oct 200901,17872.544.11$4,842
Sep 2009038565.543.06$1,180
Aug 2009042967.423.22$1,381
Jul 200901,16261.133.46$4,026
Jun 200901,11166.163.90$4,327
May 200901,15154.743.93$4,519
Apr 200901,16146.773.59$4,165
Mar 200901,28442.144.06$5,212
Feb 200901,22732.814.63$5,685
Jan 200901,35135.865.37$7,256
Dec 200801,38637.105.98$8,284
Nov 200801,36955.496.86$9,392
Oct 200801,45175.246.92$10,044
Sep 200801,437101.767.88$11,319
Aug 200801,538114.228.48$13,047
Jul 200801,620131.0811.39$18,451
Jun 200801,600131.3313.03$20,852
May 200801,707123.1711.57$19,757
Apr 200802,304110.3110.45$24,088
Mar 200802,548101.909.66$24,624
Feb 200802,62092.538.77$22,979
Jan 200802,62190.388.21$21,507
Dec 200702,68388.337.30$19,591
Nov 200702,63591.677.29$19,214
Oct 200702,84982.856.92$19,721
Sep 200703,20375.846.24$20,000
Aug 200703,91569.066.39$25,009
Jul 200702,08770.906.39$13,332

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                   95 Mcf  × $  3.05 =       $289

────────────────────────────────────────────────────
Month total                                     $289

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/235164 is the state's own key, not one this site invented.