UNIVERSITY 56 19

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 240999District 7CField 679985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$509 k
Jun 2008 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
216
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 Gas112008-12-05184999
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
CondensateDisposition834 bbl$59,966
GasProduction95,133 Mcf$449,328
Total$509,294

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 30.8829, -100.9907. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.88293, -100.99074 · 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
8,750 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 8,750 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-1054053618,750 ftJun 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 (216)

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

216 months

May 20261116106.413.05$460
Apr 2026016098.932.87$459
Mar 2026317489.753.15$817
Feb 2026116263.503.75$671
Jan 2026117259.138.00$1,435
Dec 2025219356.664.41$965
Nov 2025119458.593.93$820
Oct 2025220859.383.30$806
Sep 2025121062.743.08$709
Aug 2025121363.933.01$706
Jul 2025021866.743.32$723
Jun 2025321266.483.13$863
May 2025220460.553.23$780
Apr 2025017462.363.54$617
Mar 2025120167.704.27$926
Feb 2025317270.884.34$959
Jan 2025220774.324.28$1,034
Dec 2024421868.993.12$956
Nov 2024121069.052.20$531
Oct 2024222371.372.28$651
Sep 2024122269.612.36$595
Aug 2024222775.632.06$620
Jul 2024323479.932.15$742
Jun 2024123678.082.63$700
May 2024124978.812.20$626
Apr 2024324584.451.66$660
Mar 2024127580.301.55$505
Feb 202415276.091.78$169
Jan 2024324773.023.30$1,034
Dec 2023328571.262.61$958
Nov 2023119977.892.81$637
Oct 2023026085.443.09$803
Sep 2023426489.042.74$1,078
Aug 2023128580.522.67$842
Jul 2023129274.852.64$846
Jun 2023328668.962.26$853
May 2023230670.622.23$823
Apr 2023131778.122.24$787
Mar 2023117072.852.39$480
Feb 2023129875.112.47$810
Jan 202316176.533.39$283
Dec 2022111776.415.73$747
Nov 2022124585.005.65$1,468
Oct 2022326587.185.86$1,815
Sep 2022225484.888.16$2,243
Aug 2022325594.529.13$2,611
Jul 20222263101.587.54$2,187
Jun 20222258115.097.98$2,288
May 20220262109.378.43$2,209
Apr 20221274104.226.84$1,978
Mar 20222291108.885.08$1,695
Feb 2022126891.054.86$1,393
Jan 2022125081.844.54$1,216
Dec 2021226571.323.90$1,176
Nov 2021125577.435.24$1,413
Oct 2021126679.795.71$1,600
Sep 2021227369.865.35$1,601
Aug 2021028166.024.22$1,186
Jul 2021219270.783.98$906
Jun 2021123769.493.38$871
May 2021123063.483.02$758
Apr 2021625560.362.76$1,066
Mar 2021125261.302.72$746
Feb 2021120257.805.55$1,178
Jan 2021124350.412.81$733
Dec 2020323644.642.68$765
Nov 2020224138.772.71$730
Oct 2020325636.972.48$745
Sep 2020124537.091.99$525
Aug 2020525439.982.39$806
Jul 2020126738.371.83$526
Jun 2020126034.901.69$474
May 2020336216.921.81$708
Apr 2020331314.751.80$609
Mar 202028530.341.86$218
Feb 2020323849.881.98$621
Jan 2020324857.252.09$691
Dec 2019326159.012.30$778
Nov 2019224955.302.75$796
Oct 2019226653.472.42$750
Sep 2019125855.052.66$741
Aug 2019327453.112.30$791
Jul 2019127156.272.46$723
Jun 2019326352.782.49$814
May 2019327558.482.74$929
Apr 2019126962.632.75$803
Mar 2019327956.803.06$1,025
Feb 2019317250.852.79$633
Jan 201928246.033.23$357
Dec 2018320546.594.19$998
Nov 2018226052.934.24$1,208
Oct 2018328561.443.40$1,153
Sep 2018226159.543.11$930
Aug 2018126259.403.07$863
Jul 2018225765.142.93$884
Jun 2018224060.183.08$859
May 2018218365.382.90$662
Apr 2018111763.842.90$403
Mar 2018222861.222.79$758
Feb 2018126461.782.77$792
Jan 2018234062.874.01$1,489
Dec 2017235857.272.92$1,160
Nov 2017038555.423.12$1,201
Oct 2017042949.292.98$1,280
Sep 2017037347.523.09$1,152
Aug 2017049445.373.00$1,484
Jul 2017024543.873.09$756
Jun 2017022342.493.09$688
May 2017019545.373.26$636
Apr 2017018047.933.21$578
Mar 2017122246.772.98$709
Feb 2017226050.452.95$869
Jan 2017132149.413.42$1,147
Dec 2016232148.763.72$1,293
Nov 2016032442.492.64$857
Oct 2016033546.193.09$1,035
Sep 2016032741.553.10$1,014
Aug 2016035041.442.92$1,024
Jul 2016335541.622.92$1,163
Jun 2016732745.352.69$1,196
May 2016737442.521.99$1,042
Apr 20161035336.561.99$1,068
Mar 20161035933.011.79$974
Feb 20161334226.472.06$1,050
Jan 20161736527.352.36$1,328
Dec 20151636932.362.00$1,256
Nov 20151434538.792.17$1,291
Oct 2015437543.552.43$1,084
Sep 2015737242.992.76$1,327
Aug 2015737440.162.87$1,355
Jul 20151236248.152.95$1,644
Jun 2015736256.152.88$1,437
May 20151036855.212.96$1,640
Apr 20151134249.822.71$1,474
Mar 20151235542.892.93$1,557
Feb 20151031344.662.98$1,378
Jan 2015835143.433.10$1,436
Dec 2014936554.693.59$1,803
Nov 20141036770.464.25$2,265
Oct 20141039078.303.90$2,304
Sep 20141237186.164.05$2,535
Aug 2014638489.394.04$2,086
Jul 2014440996.564.18$2,096
Jun 2014720598.164.74$1,658
May 2014826394.734.73$2,001
Apr 2014729795.944.81$2,100
Mar 2014829695.895.06$2,264
Feb 2014730897.406.19$2,589
Jan 20141039290.404.86$2,809
Dec 2013638191.824.35$2,210
Nov 2013641588.853.74$2,084
Oct 2013944297.423.78$2,547
Sep 20139437104.113.72$2,562
Aug 20136449104.253.52$2,207
Jul 20133467102.523.72$2,044
Jun 2013646294.403.93$2,384
May 2013647994.834.15$2,556
Apr 2013847893.964.28$2,799
Mar 2013948093.623.91$2,721
Feb 2013650691.233.42$2,278
Jan 20131030291.603.42$1,949
Dec 2012850086.773.42$2,404
Nov 20121347286.953.62$2,841
Oct 2012740689.383.40$2,006
Sep 2012859794.672.92$2,500
Aug 2012628592.662.91$1,385
Jul 2012636285.133.02$1,604
Jun 2012942879.822.52$1,797
May 2012635591.612.49$1,433
Apr 20127322101.652.00$1,355
Mar 20129435105.052.22$1,912
Feb 20128468101.102.57$2,012
Jan 20121454798.092.73$2,869
Dec 2011656796.873.24$2,418
Nov 20111053295.723.31$2,719
Oct 2011756384.983.65$2,649
Sep 2011258583.623.99$2,499
Aug 2011851883.404.15$2,817
Jul 2011860594.144.52$3,486
Jun 2011559492.904.64$3,221
May 2011558398.134.40$3,059
Apr 20115619105.964.33$3,212
Mar 2011758196.364.06$3,032
Feb 2011552785.644.18$2,631
Jan 2011661286.504.59$3,327
Dec 2010967685.734.35$3,711
Nov 2010865080.843.80$3,114
Oct 2010868778.103.51$3,035
Sep 2010869072.633.98$3,327
Aug 2010867273.684.42$3,559
Jul 2010586972.554.74$4,479
Jun 2010863570.364.91$3,681
May 2010578371.124.24$3,672
Apr 20101168481.694.12$3,719
Mar 2010592578.394.39$4,451
Feb 2010637073.585.44$2,455
Jan 2010989674.365.96$6,013
Dec 2009671671.445.48$4,355
Nov 2009458374.593.75$2,485
Oct 2009069472.544.11$2,853
Sep 2009074765.543.06$2,289
Aug 200901,26867.423.22$4,081
Jul 200901,15561.133.46$4,002
Jun 200901,18166.163.90$4,600
May 200901,15354.743.93$4,526
Apr 200901,07046.773.59$3,839
Mar 200901,15442.144.06$4,684
Feb 200901,20332.814.63$5,574
Jan 200901,80435.865.37$9,689
Dec 200802,06437.105.98$12,337
Nov 200801,42855.496.86$9,797
Oct 2008075275.246.92$5,205
Sep 200801,731101.767.88$13,635
Aug 200802,865114.228.48$24,304
Jul 200803,611131.0811.39$41,127
Jun 200804,274131.3313.03$55,701

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             1 bbl  × $106.41 =       $106
Gas                  116 Mcf  × $  3.05 =       $353

────────────────────────────────────────────────────
Month total                                     $460

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/240999 is the state's own key, not one this site invented.