UNIVERSITY 56 18

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 247448District 7CField 679985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Feb 2009 – May 2026
Value, last 12 filed months
$80 k
at the published price for each month
Months reported
208
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 Gas112009-06-26192532
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
CondensateDisposition11,315 bbl$779,745
GasProduction539,000 Mcf$1,970,314
Total$2,750,058

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 30.8931, -100.9870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.89306, -100.98701 · 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
8,755 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 8,755 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-1054091078,755 ftFeb 2009

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 (208)

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

208 months

May 202661555106.413.05$8,181
Apr 2026029698.932.87$849
Mar 202625055989.753.15$24,198
Feb 20261691263.503.75$4,436
Jan 2026596559.138.00$8,014
Dec 2025161,18656.664.41$6,141
Nov 202551,25158.593.93$5,205
Oct 202571,32259.383.30$4,785
Sep 202581,29062.743.08$4,471
Aug 202551,28663.933.01$4,197
Jul 202541,33766.743.32$4,699
Jun 2025161,29666.483.13$5,119
May 2025201,31060.553.23$5,445
Apr 202571,34562.363.54$5,202
Mar 2025141,23867.704.27$6,232
Feb 20255553670.884.34$6,225
Jan 2025451,25074.324.28$8,693
Dec 20243571,13968.993.12$28,185
Nov 20241051,24269.052.20$9,981
Oct 20241971,30671.372.28$17,039
Sep 2024891,28369.612.36$9,229
Aug 202411,28375.632.06$2,723
Jul 20242061,28979.932.15$19,233
Jun 202401,26578.082.63$3,332
May 2024631,27278.812.20$7,761
Apr 20242771,31284.451.66$25,570
Mar 20241401,24080.301.55$13,158
Feb 202431,26876.091.78$2,490
Jan 202421,41173.023.30$4,799
Dec 20232341,50571.262.61$20,604
Nov 20231551,24077.892.81$15,554
Oct 202311,36985.443.09$4,312
Sep 2023411,33389.042.74$7,296
Aug 2023251,11180.522.67$4,983
Jul 2023579274.852.64$2,467
Jun 20231297268.962.26$3,023
May 2023121,30670.622.23$3,756
Apr 2023111,33278.122.24$3,840
Mar 202391,27072.852.39$3,695
Feb 2023101,33675.112.47$4,045
Jan 2023171,50076.533.39$6,383
Dec 202291,63376.415.73$10,043
Nov 2022111,22085.005.65$7,823
Oct 20221494287.185.86$6,744
Sep 2022391,38484.888.16$14,609
Aug 2022201,56694.529.13$16,184
Jul 2022141,554101.587.54$13,143
Jun 2022161,541115.097.98$14,134
May 2022191,450109.378.43$14,306
Apr 2022181,393104.226.84$11,401
Mar 2022581,534108.885.08$14,102
Feb 2022251,41091.054.86$9,127
Jan 2022391,54281.844.54$10,189
Dec 2021361,03071.323.90$6,584
Nov 2021251,64077.435.24$10,524
Oct 2021401,65979.795.71$12,671
Sep 2021431,65969.865.35$11,881
Aug 202131,48766.024.22$6,474
Jul 2021391,10970.783.98$7,177
Jun 2021211,40269.493.38$6,199
May 2021221,37063.483.02$5,531
Apr 20211011,48660.362.76$10,195
Mar 2021231,20761.302.72$4,689
Feb 2021331,16457.805.55$8,365
Jan 2021101,33250.412.81$4,247
Dec 2020601,68644.642.68$7,189
Nov 2020431,32738.772.71$5,259
Oct 2020611,66236.972.48$6,374
Sep 2020251,62037.091.99$4,153
Aug 2020791,72439.982.39$7,270
Jul 202091,74438.371.83$3,528
Jun 2020231,70634.901.69$3,686
May 2020461,92316.921.81$4,268
Apr 2020531,57614.751.80$3,625
Mar 2020531,42630.341.86$4,255
Feb 2020541,70549.881.98$6,071
Jan 2020651,84457.252.09$7,584
Dec 2019651,91859.012.30$8,255
Nov 2019401,88855.302.75$7,405
Oct 2019441,96753.472.42$7,110
Sep 2019271,92355.052.66$6,596
Aug 2019541,99453.112.30$7,463
Jul 2019292,07756.272.46$6,741
Jun 2019772,02852.782.49$9,116
May 2019562,10058.482.74$9,030
Apr 2019331,91862.632.75$7,343
Mar 2019571,85056.803.06$8,902
Feb 2019801,93650.852.79$9,474
Jan 2019532,16346.033.23$9,422
Dec 2018802,39846.594.19$13,764
Nov 2018552,17952.934.24$12,144
Oct 2018861,36161.443.40$9,909
Sep 2018591,30959.543.11$7,581
Aug 2018331,34759.403.07$6,091
Jul 2018521,42465.142.93$7,562
Jun 2018551,45160.183.08$7,775
May 20185698665.382.90$6,521
Apr 20183084863.842.90$4,375
Mar 20185399161.222.79$6,006
Feb 2018331,29561.782.77$5,621
Jan 2018521,75362.874.01$10,298
Dec 20174865957.272.92$4,674
Nov 20177081555.423.12$6,421
Oct 2017751,77149.292.98$8,981
Sep 201711,39947.523.09$4,367
Aug 2017721,52045.373.00$7,833
Jul 2017521,77943.873.09$7,774
Jun 2017271,35342.493.09$5,324
May 2017531,65945.373.26$7,819
Apr 2017542,12047.933.21$9,397
Mar 2017541,99746.772.98$8,484
Feb 2017301,97150.452.95$7,333
Jan 2017312,23149.413.42$9,159
Dec 2016762,27248.763.72$12,164
Nov 2016802,26542.492.64$9,389
Oct 2016492,42146.193.09$9,745
Sep 2016752,36041.553.10$10,434
Aug 2016282,30341.442.92$7,895
Jul 2016442,49141.622.92$9,116
Jun 2016402,36145.352.69$8,155
May 2016402,76842.521.99$7,212
Apr 2016612,36736.561.99$6,943
Mar 2016632,39733.011.79$6,380
Feb 2016812,00026.472.06$6,271
Jan 2016972,33427.352.36$8,171
Dec 2015942,16632.362.00$7,377
Nov 2015822,13538.792.17$7,808
Oct 2015222,22643.552.43$6,360
Sep 2015392,22842.992.76$7,822
Aug 2015412,44840.162.87$8,678
Jul 2015732,30448.152.95$10,300
Jun 2015352,47056.152.88$9,086
May 2015601,82855.212.96$8,715
Apr 2015732,14749.822.71$9,448
Mar 2015782,29242.892.93$10,072
Feb 2015642,11144.662.98$9,141
Jan 2015522,31643.433.10$9,439
Dec 2014542,43254.693.59$11,687
Nov 2014642,34170.464.25$14,463
Oct 2014652,56378.303.90$15,088
Sep 2014792,49586.164.05$16,900
Aug 2014372,50389.394.04$13,407
Jul 2014442,46396.564.18$14,543
Jun 2014602,15898.164.74$16,112
May 2014652,21194.734.73$16,608
Apr 2014612,58995.944.81$18,303
Mar 2014642,31595.895.06$17,843
Feb 2014492,38697.406.19$19,547
Jan 2014742,64690.404.86$19,551
Dec 2013462,93591.824.35$17,004
Nov 2013432,91788.853.74$14,725
Oct 2013643,22097.423.78$18,404
Sep 2013643,147104.113.72$18,363
Aug 2013423,262104.253.52$15,869
Jul 2013223,403102.523.72$14,907
Jun 2013463,19294.403.93$16,898
May 2013423,46994.834.15$18,376
Apr 2013623,59693.964.28$21,226
Mar 2013653,85993.623.91$21,185
Feb 2013423,32191.233.42$15,189
Jan 2013802,82491.603.42$16,986
Dec 2012623,75386.773.42$18,216
Nov 2012913,70786.953.62$21,350
Oct 2012452,36189.383.40$12,049
Sep 2012743,69894.672.92$17,798
Aug 2012253,96392.662.91$13,842
Jul 2012744,33485.133.02$19,392
Jun 2012994,51179.822.52$19,266
May 2012724,29591.612.49$17,283
Apr 2012954,556101.652.00$18,754
Mar 2012845,045105.052.22$20,035
Feb 2012463,494101.102.57$13,631
Jan 2012561,63498.092.73$9,961
Dec 2011332,84696.873.24$12,417
Nov 2011723,62595.723.31$18,895
Oct 2011614,21684.983.65$20,566
Sep 2011234,82683.623.99$21,159
Aug 2011664,92183.404.15$25,923
Jul 2011544,85994.144.52$27,033
Jun 2011333,83592.904.64$20,860
May 2011423,95098.134.40$21,521
Apr 2011455,111105.964.33$26,916
Mar 2011735,38296.364.06$28,871
Feb 2011385,54785.644.18$26,441
Jan 2011133,89686.504.59$19,002
Dec 2010548085.734.35$2,516
Nov 20102027180.843.80$2,645
Oct 2010524,53978.103.51$19,988
Sep 2010615,01072.633.98$24,368
Aug 2010626,03973.684.42$31,257
Jul 2010456,56472.554.74$34,355
Jun 2010665,03970.364.91$29,387
May 2010466,48171.124.24$30,720
Apr 2010936,64281.694.12$34,980
Mar 2010417,12778.394.39$34,492
Feb 2010866,85273.585.44$43,619
Jan 2010897,61374.365.96$52,023
Dec 2009678,35271.445.48$50,587
Nov 2009706,78874.593.75$30,686
Oct 20091125,24572.544.11$29,683
Sep 2009708,95365.543.06$32,027
Aug 200910210,04367.423.22$39,200
Jul 2009727,97061.133.46$32,013
Jun 2009748,42566.163.90$37,711
May 2009909,60554.743.93$42,633
Apr 200911111,90646.773.59$47,904
Mar 200910910,55942.144.06$47,452
Feb 2009344,53032.814.63$22,103

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            61 bbl  × $106.41 =     $6,491
Gas                  555 Mcf  × $  3.05 =     $1,690

────────────────────────────────────────────────────
Month total                                   $8,181

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/247448 is the state's own key, not one this site invented.