UNIVERSITY "14"

Operated by FORTUNE ENERGY, INC. (P-5 278757) 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 236194District 7CField 679985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Jan 2008 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
221
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 Gas112011-03-31201747
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
CondensateDisposition2,263 bbl$189,183
GasProduction460,381 Mcf$2,473,573
Total$2,662,756

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 30.9720, -100.9138. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.97203, -100.91377 · 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
7,680 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 7,680 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-4133248727,680 ftFeb 2008

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 (221)

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

221 months

May 202600106.413.05$0
Apr 2026080598.932.87$2,310
Mar 2026080189.753.15$2,523
Feb 2026073363.503.75$2,749
Jan 2026081259.138.00$6,494
Dec 2025080056.664.41$3,531
Nov 202515683658.593.93$12,423
Oct 2025092559.383.30$3,057
Sep 2025093362.743.08$2,871
Aug 2025078063.933.01$2,352
Jul 2025065566.743.32$2,171
Jun 2025064566.483.13$2,018
May 2025079660.553.23$2,573
Apr 2025055262.363.54$1,956
Mar 2025087667.704.27$3,739
Feb 2025077570.884.34$3,364
Jan 2025064274.324.28$2,747
Dec 2024064168.993.12$2,001
Nov 2024069869.052.20$1,535
Oct 2024075571.372.28$1,722
Sep 2024073469.612.36$1,735
Aug 2024081675.632.06$1,684
Jul 2024081579.932.15$1,749
Jun 2024075178.082.63$1,978
May 2024075078.812.20$1,649
Apr 2024066984.451.66$1,110
Mar 2024070680.301.55$1,091
Feb 2024060676.091.78$1,081
Jan 2024060173.023.30$1,982
Dec 2023076471.262.61$1,995
Nov 2023074977.892.81$2,103
Oct 2023082185.443.09$2,535
Sep 2023075389.042.74$2,059
Aug 2023063880.522.67$1,705
Jul 2023078274.852.64$2,066
Jun 2023079668.962.26$1,798
May 2023084870.622.23$1,889
Apr 2023082078.122.24$1,835
Mar 2023084572.852.39$2,022
Feb 2023076675.112.47$1,889
Jan 2023084476.533.39$2,859
Dec 2022085476.415.73$4,893
Nov 2022081385.005.65$4,590
Oct 2022088187.185.86$5,166
Sep 2022086984.888.16$7,094
Aug 2022090094.529.13$8,214
Jul 20220922101.587.54$6,954
Jun 20220903115.097.98$7,203
May 20220953109.378.43$8,037
Apr 20220955104.226.84$6,530
Mar 20220854108.885.08$4,335
Feb 2022077091.054.86$3,741
Jan 2022082881.844.54$3,757
Dec 2021087971.323.90$3,427
Nov 2021082177.435.24$4,299
Oct 2021088079.795.71$5,028
Sep 2021086269.865.35$4,612
Aug 2021088266.024.22$3,723
Jul 2021087970.783.98$3,500
Jun 2021082869.493.38$2,799
May 2021082063.483.02$2,474
Apr 202101,17660.362.76$3,244
Mar 202101,24761.302.72$3,388
Feb 202101,21457.805.55$6,735
Jan 2021080850.412.81$2,271
Dec 2020094944.642.68$2,539
Nov 2020089038.772.71$2,409
Oct 202001,05236.972.48$2,607
Sep 2020097737.091.99$1,945
Aug 202001,17039.982.39$2,791
Jul 202001,04238.371.83$1,902
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020047114.751.80$850
Mar 202001,05530.341.86$1,958
Feb 202001,03249.881.98$2,044
Jan 202001,08957.252.09$2,281
Dec 201901,20259.012.30$2,770
Nov 201901,36255.302.75$3,746
Oct 2019021253.472.42$513
Sep 2019081255.052.66$2,158
Aug 201901,11753.112.30$2,574
Jul 201901,13956.272.46$2,802
Jun 20191201,10752.782.49$9,091
May 201901,13658.482.74$3,113
Apr 201901,11362.632.75$3,062
Mar 201901,13456.803.06$3,472
Feb 201901,03350.852.79$2,884
Jan 201901,09546.033.23$3,535
Dec 201801,16346.594.19$4,868
Nov 201801,14452.934.24$4,847
Oct 201801,21061.443.40$4,112
Sep 201801,19259.543.11$3,705
Aug 201801,15259.403.07$3,533
Jul 201801,19965.142.93$3,515
Jun 201801,21660.183.08$3,742
May 20181111,17065.382.90$10,651
Apr 201801,14163.842.90$3,310
Mar 201801,11461.222.79$3,105
Feb 2018092361.782.77$2,553
Jan 201801,06962.874.01$4,286
Dec 201701,33957.272.92$3,912
Nov 201701,20655.423.12$3,761
Oct 201701,23049.292.98$3,670
Sep 201701,07547.523.09$3,319
Aug 201701,11345.373.00$3,344
Jul 201701,13843.873.09$3,513
Jun 201701,01442.493.09$3,131
May 201701,04945.373.26$3,423
Apr 201701,05947.933.21$3,401
Mar 201701,10646.772.98$3,300
Feb 2017099950.452.95$2,950
Jan 20171211,00549.413.42$9,415
Dec 201601,09848.763.72$4,088
Nov 201601,07542.492.64$2,843
Oct 201601,06946.193.09$3,303
Sep 201601,00341.553.10$3,110
Aug 201601,05141.442.92$3,073
Jul 201601,06941.622.92$3,126
Jun 201601,05845.352.69$2,842
May 201601,11942.521.99$2,228
Apr 201601,09536.561.99$2,180
Mar 201601,16833.011.79$2,095
Feb 201601,12626.472.06$2,324
Jan 201601,23427.352.36$2,918
Dec 201501,27632.362.00$2,554
Nov 2015031638.792.17$685
Oct 201501,34143.552.43$3,254
Sep 201501,25142.992.76$3,451
Aug 201501,34940.162.87$3,875
Jul 201501,62948.152.95$4,798
Jun 201501,64356.152.88$4,737
May 201501,68555.212.96$4,980
Apr 201501,63349.822.71$4,420
Mar 201501,79242.892.93$5,259
Feb 201501,43744.662.98$4,277
Jan 201501,66743.433.10$5,169
Dec 201401,76154.693.59$6,324
Nov 201401,70070.464.25$7,228
Oct 201401,93878.303.90$7,560
Sep 201401,91986.164.05$7,763
Aug 201402,07289.394.04$8,361
Jul 201401,87896.564.18$7,849
Jun 201401,94398.164.74$9,204
May 20141202,08594.734.73$21,222
Apr 201401,85795.944.81$8,931
Mar 201401,93795.895.06$9,795
Feb 201401,79197.406.19$11,090
Jan 201402,01690.404.86$9,799
Dec 201302,05391.824.35$8,940
Nov 201302,00388.853.74$7,488
Oct 201302,37297.423.78$8,965
Sep 201302,115104.113.72$7,863
Aug 201302,208104.253.52$7,778
Jul 201302,274102.523.72$8,454
Jun 20131102,16094.403.93$18,880
May 201302,35294.834.15$9,759
Apr 201302,31993.964.28$9,931
Mar 20131302,45393.623.91$21,769
Feb 201302,35091.233.42$8,037
Jan 201301,57491.603.42$5,383
Dec 201202,41786.773.42$8,267
Nov 201202,46886.953.62$8,946
Oct 201202,57789.383.40$8,761
Sep 201202,49794.672.92$7,287
Aug 201202,76592.662.91$8,041
Jul 201202,79185.133.02$8,431
Jun 201202,86679.822.52$7,220
May 201203,04391.612.49$7,572
Apr 201202,986101.652.00$5,962
Mar 201203,215105.052.22$7,144
Feb 20121273,122101.102.57$20,864
Jan 201203,49198.092.73$9,545
Dec 201103,73696.873.24$12,104
Nov 20111323,87295.723.31$25,456
Oct 201104,24084.983.65$15,470
Sep 201101,96283.623.99$7,820
Aug 201102,54583.404.15$10,560
Jul 201101,88394.144.52$8,506
Jun 201101,85292.904.64$8,593
May 201101,94798.134.40$8,576
Apr 201101,960105.964.33$8,493
Mar 201102,05896.364.06$8,350
Feb 201101,89085.644.18$7,900
Jan 201102,18986.504.59$10,045
Dec 201002,21985.734.35$9,648
Nov 201002,29680.843.80$8,714
Oct 201002,44278.103.51$8,569
Sep 201002,34672.633.98$9,336
Aug 201002,42373.684.42$10,708
Jul 201002,57072.554.74$12,173
Jun 201002,61870.364.91$12,855
May 201002,90971.124.24$12,320
Apr 20101393,08281.694.12$24,061
Mar 201003,47978.394.39$15,268
Feb 201003,34473.585.44$18,199
Jan 201003,72374.365.96$22,204
Dec 200903,85271.445.48$21,123
Nov 200903,66274.593.75$13,738
Oct 200903,35372.544.11$13,782
Sep 200903,40765.543.06$10,442
Aug 200903,69467.423.22$11,889
Jul 200903,93561.133.46$13,633
Jun 200904,28966.163.90$16,706
May 200904,93154.743.93$19,358
Apr 200904,93446.773.59$17,701
Mar 20091466,02442.144.06$30,604
Feb 200904,73532.814.63$21,937
Jan 200906,37535.865.37$34,240
Dec 20081696,81737.105.98$47,016
Nov 200806,65455.496.86$45,649
Oct 200809,30975.246.92$64,437
Sep 200808,497101.767.88$66,932
Aug 2008012,140114.228.48$102,984
Jul 2008014,451131.0811.39$164,589
Jun 200815615,596131.3313.03$223,744
May 2008012,508123.1711.57$144,771
Apr 200838218,672110.3110.45$237,352
Mar 200814416,186101.909.66$171,096
Feb 200805,49392.538.77$48,177
Jan 200802,38390.388.21$19,554

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  805 Mcf  × $  2.87 =     $2,310

────────────────────────────────────────────────────
Month total                                   $2,310

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/236194 is the state's own key, not one this site invented.