UNIVERSITY 55 1

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 260098District 7CField 679985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$400 k
Oct 2010 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
188
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 Gas112011-10-27202879
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
CondensateDisposition372 bbl$33,143
GasProduction103,942 Mcf$367,030
Total$400,173

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 31.0024, -100.9400. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.00240, -100.93999 · 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
8,020 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 8,020 ft.

Completions filed
Oct 2010
1 of 1 wells

1 well

42-4133268018,020 ftOct 2010

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 (188)

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

188 months

May 20260271106.413.05$825
Apr 2026024798.932.87$709
Mar 2026020489.753.15$642
Feb 2026013463.503.75$503
Jan 2026016759.138.00$1,336
Dec 2025016256.664.41$715
Nov 2025014858.593.93$581
Oct 2025025459.383.30$839
Sep 2025024362.743.08$748
Aug 2025022063.933.01$663
Jul 2025027566.743.32$912
Jun 2025025366.483.13$792
May 2025026360.553.23$850
Apr 2025028462.363.54$1,006
Mar 2025034767.704.27$1,481
Feb 2025024270.884.34$1,050
Jan 2025029474.324.28$1,258
Dec 2024040168.993.12$1,252
Nov 2024063069.052.20$1,385
Oct 2024056571.372.28$1,289
Sep 2024036969.612.36$872
Aug 2024079475.632.06$1,639
Jul 20240479.932.15$9
Jun 20240478.082.63$11
May 202490078.812.20$7,093
Apr 20240084.451.66$0
Mar 20240980.301.55$14
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230174.852.64$3
Jun 2023014168.962.26$318
May 2023024670.622.23$548
Apr 2023018678.122.24$416
Mar 2023025472.852.39$608
Feb 2023018775.112.47$461
Jan 2023020176.533.39$681
Dec 2022023776.415.73$1,358
Nov 2022017485.005.65$982
Oct 2022021687.185.86$1,267
Sep 2022017384.888.16$1,412
Aug 2022017394.529.13$1,579
Jul 20220163101.587.54$1,229
Jun 20220165115.097.98$1,316
May 20220190109.378.43$1,602
Apr 20220182104.226.84$1,244
Mar 20220221108.885.08$1,122
Feb 2022023591.054.86$1,142
Jan 2022027581.844.54$1,248
Dec 2021032071.323.90$1,248
Nov 2021032477.435.24$1,697
Oct 2021029079.795.71$1,657
Sep 2021027169.865.35$1,450
Aug 2021035866.024.22$1,511
Jul 2021031970.783.98$1,270
Jun 2021010469.493.38$352
May 2021026963.483.02$812
Apr 2021033360.362.76$919
Mar 2021030261.302.72$821
Feb 2021027757.805.55$1,537
Jan 2021033950.412.81$953
Dec 2020036144.642.68$966
Nov 2020038838.772.71$1,050
Oct 2020034436.972.48$853
Sep 2020027637.091.99$550
Aug 2020032039.982.39$763
Jul 2020032738.371.83$597
Jun 2020027934.901.69$472
May 2020037016.921.81$671
Apr 2020034114.751.80$615
Mar 2020040630.341.86$754
Feb 2020014049.881.98$277
Jan 2020030457.252.09$637
Dec 2019037859.012.30$871
Nov 2019036755.302.75$1,010
Oct 2019039653.472.42$958
Sep 2019043455.052.66$1,153
Aug 2019039453.112.30$908
Jul 2019030456.272.46$748
Jun 2019030652.782.49$762
May 2019034258.482.74$937
Apr 2019035762.632.75$982
Mar 2019040556.803.06$1,240
Feb 2019039950.852.79$1,114
Jan 2019042646.033.23$1,375
Dec 2018052146.594.19$2,181
Nov 2018018152.934.24$767
Oct 2018043161.443.40$1,465
Sep 2018039959.543.11$1,240
Aug 2018040159.403.07$1,230
Jul 2018055865.142.93$1,636
Jun 2018018060.183.08$554
May 2018026565.382.90$769
Apr 2018043163.842.90$1,250
Mar 2018043461.222.79$1,209
Feb 2018029561.782.77$816
Jan 2018046262.874.01$1,852
Dec 2017047457.272.92$1,385
Nov 2017046355.423.12$1,444
Oct 2017045949.292.98$1,370
Sep 2017041147.523.09$1,269
Aug 2017045745.373.00$1,373
Jul 2017047443.873.09$1,463
Jun 2017046542.493.09$1,436
May 2017048745.373.26$1,589
Apr 2017047447.933.21$1,522
Mar 2017045746.772.98$1,364
Feb 2017043250.452.95$1,276
Jan 2017048949.413.42$1,672
Dec 2016046348.763.72$1,724
Nov 2016048042.492.64$1,269
Oct 2016050546.193.09$1,561
Sep 2016048941.553.10$1,516
Aug 2016050941.442.92$1,488
Jul 2016051241.622.92$1,497
Jun 2016047245.352.69$1,268
May 2016047242.521.99$940
Apr 2016041236.561.99$820
Mar 2016047533.011.79$852
Feb 2016044826.472.06$925
Jan 2016048927.352.36$1,156
Dec 2015049932.362.00$999
Nov 2015059238.792.17$1,283
Oct 2015048243.552.43$1,170
Sep 2015046542.992.76$1,283
Aug 2015052140.162.87$1,497
Jul 2015053648.152.95$1,579
Jun 2015051656.152.88$1,488
May 2015053855.212.96$1,590
Apr 2015052349.822.71$1,416
Mar 2015055542.892.93$1,629
Feb 2015051144.662.98$1,521
Jan 2015057843.433.10$1,792
Dec 2014079854.693.59$2,866
Nov 2014020870.464.25$884
Oct 20141764978.303.90$3,863
Sep 2014063986.164.05$2,585
Aug 2014067489.394.04$2,720
Jul 2014050396.564.18$2,102
Jun 2014045298.164.74$2,141
May 2014062394.734.73$2,945
Apr 2014070995.944.81$3,410
Mar 2014057395.895.06$2,898
Feb 2014063297.406.19$3,913
Jan 2014072190.404.86$3,505
Dec 2013072591.824.35$3,157
Nov 2013055288.853.74$2,064
Oct 2013069197.423.78$2,612
Sep 20130865104.113.72$3,216
Aug 20130389104.253.52$1,370
Jul 20130539102.523.72$2,004
Jun 2013073094.403.93$2,871
May 2013085294.834.15$3,535
Apr 20139084293.964.28$12,062
Mar 2013096993.623.91$3,792
Feb 2013088491.233.42$3,023
Jan 2013194791.603.42$3,330
Dec 2012096086.773.42$3,283
Nov 201201,02486.953.62$3,712
Oct 201201,04389.383.40$3,546
Sep 2012092394.672.92$2,694
Aug 2012074892.662.91$2,175
Jul 201201,23585.133.02$3,731
Jun 201201,15979.822.52$2,920
May 2012048491.612.49$1,204
Apr 201201,127101.652.00$2,250
Mar 201201,202105.052.22$2,671
Feb 201201,100101.102.57$2,827
Jan 201201,05698.092.73$2,887
Dec 201101,26496.873.24$4,095
Nov 201181,33495.723.31$5,183
Oct 201101,44084.983.65$5,254
Sep 201101,46783.623.99$5,847
Aug 201101,57683.404.15$6,539
Jul 201101,68694.144.52$7,616
Jun 20111631,73192.904.64$23,174
May 201101,84298.134.40$8,114
Apr 201111,921105.964.33$8,430
Mar 201102,15996.364.06$8,760
Feb 201102,16585.644.18$9,050
Jan 201102,73186.504.59$12,532
Dec 201003,22085.734.35$14,000
Nov 201003,62180.843.80$13,743
Oct 201023,14278.103.51$11,181

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                  271 Mcf  × $  3.05 =       $825

────────────────────────────────────────────────────
Month total                                     $825

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/260098 is the state's own key, not one this site invented.