UNIVERSITY 56-21

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 241504District 7CField 679985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Sep 2008 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
213
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 Gas112008-12-05186656
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
CondensateDisposition5,673 bbl$367,411
GasProduction346,808 Mcf$1,444,312
Total$1,811,723

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 30.8799, -100.9904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.87988, -100.99044 · 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
8,756 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 8,756 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-1054080818,756 ftSep 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 (213)

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

213 months

May 202611492106.413.05$2,669
Apr 2026057998.932.87$1,662
Mar 20261463989.753.15$3,269
Feb 2026424663.503.75$1,177
Jan 2026339159.138.00$3,305
Dec 2025756756.664.41$2,899
Nov 2025259058.593.93$2,434
Oct 2025464359.383.30$2,363
Sep 2025364562.743.08$2,173
Aug 2025268863.933.01$2,202
Jul 2025041166.743.32$1,363
Jun 20251266966.483.13$2,891
May 2025445160.553.23$1,700
Apr 2025110662.363.54$438
Mar 2025470567.704.27$3,280
Feb 2025831270.884.34$1,921
Jan 20251052074.324.28$2,968
Dec 20243263068.993.12$4,174
Nov 20241160369.052.20$2,085
Oct 20242263271.372.28$3,012
Sep 20241361469.612.36$2,357
Aug 2024164575.632.06$1,407
Jul 20244266679.932.15$4,787
Jun 2024059078.082.63$1,554
May 20241667378.812.20$2,741
Apr 20247364484.451.66$7,233
Mar 20243167380.301.55$3,529
Feb 2024762576.091.78$1,647
Jan 2024864673.023.30$2,714
Dec 20231480771.262.61$3,104
Nov 2023991377.892.81$3,264
Oct 2023035085.443.09$1,081
Sep 2023976489.042.74$2,891
Aug 2023455080.522.67$1,792
Jul 2023221574.852.64$718
Jun 2023453768.962.26$1,489
May 2023340970.622.23$1,123
Apr 2023359678.122.24$1,568
Mar 2023474572.852.39$2,074
Feb 2023460275.112.47$1,785
Jan 2023671976.533.39$2,895
Dec 2022475676.415.73$4,637
Nov 2022782585.005.65$5,253
Oct 2022885387.185.86$5,699
Sep 2022969184.888.16$6,405
Aug 2022969194.529.13$7,158
Jul 20227766101.587.54$6,488
Jun 20228727115.097.98$6,720
May 202210665109.378.43$6,702
Apr 202211724104.226.84$6,097
Mar 202228747108.885.08$6,841
Feb 20221175191.054.86$4,651
Jan 20221871381.844.54$4,708
Dec 20211774971.323.90$4,133
Nov 20211277777.435.24$4,998
Oct 20211981479.795.71$6,167
Sep 20212089169.865.35$6,165
Aug 2021177166.024.22$3,320
Jul 20211854470.783.98$3,440
Jun 20211061469.493.38$2,771
May 20211168563.483.02$2,765
Apr 20214985160.362.76$5,305
Mar 20211090261.302.72$3,064
Feb 20211117857.805.55$1,623
Jan 2021574050.412.81$2,332
Dec 20202969344.642.68$3,149
Nov 20202072938.772.71$2,748
Oct 20202975436.972.48$2,941
Sep 20201271737.091.99$1,873
Aug 20203880439.982.39$3,437
Jul 2020485438.371.83$1,712
Jun 20201189534.901.69$1,897
May 20202083816.921.81$1,859
Apr 20202460714.751.80$1,449
Mar 20202431330.341.86$1,309
Feb 20202569949.881.98$2,631
Jan 20203079657.252.09$3,385
Dec 20193084559.012.30$3,717
Nov 20191880355.302.75$3,204
Oct 20192087353.472.42$3,181
Sep 20191288455.052.66$3,010
Aug 20192590953.112.30$3,422
Jul 20191385956.272.46$2,845
Jun 20193584452.782.49$3,950
May 20192688358.482.74$3,940
Apr 20191586462.632.75$3,316
Mar 20192791356.803.06$4,329
Feb 20193783250.852.79$4,205
Jan 20192480846.033.23$3,713
Dec 20183692546.594.19$5,549
Nov 20182787252.934.24$5,124
Oct 20184493361.443.40$5,874
Sep 20183092459.543.11$4,658
Aug 20181795659.403.07$3,941
Jul 20182697365.142.93$4,546
Jun 20182891860.183.08$4,510
May 20183095965.382.90$4,743
Apr 20181692563.842.90$3,705
Mar 20182896261.222.79$4,395
Feb 20181687261.782.77$3,401
Jan 20182898962.874.01$5,726
Dec 2017261,10957.272.92$4,729
Nov 20173898155.423.12$5,165
Oct 2017401,02449.292.98$5,027
Sep 2017172347.523.09$2,280
Aug 20173995245.373.00$4,630
Jul 20172896543.873.09$4,208
Jun 20171593442.493.09$3,521
May 20172893245.373.26$4,312
Apr 20172991447.933.21$4,325
Mar 20172992446.772.98$4,113
Feb 20171574050.452.95$2,942
Jan 20171698749.413.42$4,165
Dec 20164084048.763.72$5,078
Nov 20164387242.492.64$4,133
Oct 2016261,01646.193.09$4,341
Sep 20164199141.553.10$4,776
Aug 2016151,05941.442.92$3,718
Jul 2016241,10341.622.92$4,224
Jun 20162299645.352.69$3,673
May 20162399442.521.99$2,957
Apr 2016341,07736.561.99$3,387
Mar 2016351,07033.011.79$3,075
Feb 2016461,17826.472.06$3,649
Jan 2016541,01927.352.36$3,886
Dec 2015531,12932.362.00$3,975
Nov 20154699938.792.17$3,950
Oct 2015131,21143.552.43$3,505
Sep 2015221,07342.992.76$3,906
Aug 2015231,21040.162.87$4,399
Jul 2015391,18248.152.95$5,359
Jun 2015231,11856.152.88$4,514
May 2015341,20055.212.96$5,424
Apr 2015361,14149.822.71$4,882
Mar 2015401,11842.892.93$4,997
Feb 2015331,09644.662.98$4,736
Jan 2015251,22843.433.10$4,893
Dec 2014291,17754.693.59$5,813
Nov 2014341,28570.464.25$7,859
Oct 2014331,36478.303.90$7,905
Sep 2014431,23886.164.05$8,713
Aug 2014221,33189.394.04$7,337
Jul 2014261,50996.564.18$8,818
Jun 2014231,26098.164.74$8,226
May 20143273194.734.73$6,486
Apr 2014321,39295.944.81$9,764
Mar 2014371,22095.895.06$9,717
Feb 2014381,45697.406.19$12,717
Jan 2014402,38290.404.86$15,194
Dec 2013251,12991.824.35$7,212
Nov 2013191,66788.853.74$7,920
Oct 2013261,31397.423.78$7,495
Sep 2013251,250104.113.72$7,250
Aug 2013161,292104.253.52$6,219
Jul 201381,203102.523.72$5,293
Jun 2013161,16094.403.93$6,073
May 2013151,27794.834.15$6,721
Apr 2013221,22493.964.28$7,309
Mar 2013261,45493.623.91$8,123
Feb 2013271,46791.233.42$7,480
Jan 2013522,34391.603.42$12,776
Dec 2012281,98986.773.42$9,232
Nov 2012451,39786.953.62$8,977
Oct 2012201,58989.383.40$7,190
Sep 2012231,46494.672.92$6,450
Aug 201281,05992.662.91$3,821
Jul 2012291,70585.133.02$7,619
Jun 2012381,79579.822.52$7,555
May 2012261,57191.612.49$6,291
Apr 2012351,740101.652.00$7,032
Mar 2012361,793105.052.22$7,766
Feb 2012291,810101.102.57$7,584
Jan 2012511,91598.092.73$10,238
Dec 2011222,10296.873.24$8,941
Nov 2011422,15995.723.31$11,169
Oct 2011262,42384.983.65$11,050
Sep 201191,93583.623.99$8,465
Aug 2011282,00783.404.15$10,663
Jul 2011282,12794.144.52$12,244
Jun 2011172,06392.904.64$11,151
May 2011182,08298.134.40$10,937
Apr 2011172,096105.964.33$10,884
Mar 2011251,98996.364.06$10,479
Feb 2011191,78585.644.18$9,088
Jan 2011202,17986.504.59$11,729
Dec 2010302,29685.734.35$12,554
Nov 2010262,07780.843.80$9,985
Oct 2010262,28878.103.51$10,059
Sep 2010312,61872.633.98$12,670
Aug 2010292,92373.684.42$15,055
Jul 2010193,00272.554.74$15,597
Jun 2010282,21070.364.91$12,822
May 2010192,71771.124.24$12,858
Apr 2010443,07481.694.12$16,268
Mar 2010193,38078.394.39$16,323
Feb 2010413,30273.585.44$20,987
Jan 2010433,81074.365.96$25,921
Dec 2009354,14371.445.48$25,220
Nov 2009494,20074.593.75$19,411
Oct 2009784,74872.544.11$25,174
Sep 2009415,04565.543.06$18,149
Aug 2009635,90767.423.22$23,259
Jul 2009485,49061.133.46$21,954
Jun 2009495,49766.163.90$24,653
May 2009606,42354.743.93$28,499
Apr 2009847,97146.773.59$32,525
Mar 200912310,54142.144.06$47,969
Feb 2009979,93432.814.63$49,207
Jan 200918612,53635.865.37$74,001
Dec 200814315,21337.105.98$96,236
Nov 20081019,50455.496.86$70,805
Oct 2008947,79675.246.92$61,036
Sep 20087412,009101.767.88$102,126

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            11 bbl  × $106.41 =     $1,171
Gas                  492 Mcf  × $  3.05 =     $1,499

────────────────────────────────────────────────────
Month total                                   $2,669

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/241504 is the state's own key, not one this site invented.