UNIVERSITY 42

Operated by ZARVONA ENERGY LLC (P-5 950523) in the HOLT RANCH (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280964District 7CField 423413002 tax incentive programmesCondensateGasSaveExport
Value, all time
$259 k
Jun 2016 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
120
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 281 leases and 612 wells, and the rule below applies to all of them.

Discovered
2010-04-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2014-03-25.

The Commission's schedule remark for this field reads: PER DKT 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 Gas112020-03-30222656
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
CondensateDisposition1,851 bbl$108,809
GasProduction46,887 Mcf$150,193
Total$259,002

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 30.9290, -101.1821. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.92897, -101.18209 · 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
7,955 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 7,955 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-1054136014147,955 ftMar 2012

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 (120)

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

120 months

May 20260100106.413.05$305
Apr 202603098.932.87$86
Mar 202604189.753.15$129
Feb 202608463.503.75$315
Jan 202603959.138.00$312
Dec 202509056.664.41$397
Nov 202507158.593.93$279
Oct 202509959.383.30$327
Sep 202509962.743.08$305
Aug 202505363.933.01$160
Jul 202508066.743.32$265
Jun 202508666.483.13$269
May 202509060.553.23$291
Apr 202506162.363.54$216
Mar 202509567.704.27$405
Feb 202504870.884.34$208
Jan 202506974.324.28$295
Dec 202406968.993.12$215
Nov 202409569.052.20$209
Oct 202407471.372.28$169
Sep 202407069.612.36$166
Aug 202407975.632.06$163
Jul 202406579.932.15$140
Jun 202407278.082.63$190
May 202408178.812.20$178
Apr 2024012184.451.66$201
Mar 202406880.301.55$105
Feb 202407976.091.78$141
Jan 202407973.023.30$261
Dec 202306871.262.61$178
Nov 2023010477.892.81$292
Oct 202308385.443.09$256
Sep 202306589.042.74$178
Aug 2023011280.522.67$299
Jul 202308174.852.64$214
Jun 2023013168.962.26$296
May 2023010970.622.23$243
Apr 202309078.122.24$201
Mar 2023014172.852.39$337
Feb 2023012575.112.47$308
Jan 2023012876.533.39$434
Dec 2022010676.415.73$607
Nov 2022016385.005.65$920
Oct 2022013687.185.86$797
Sep 2022014884.888.16$1,208
Aug 2022020394.529.13$1,853
Jul 20220140101.587.54$1,056
Jun 2022095115.097.98$758
May 20220158109.378.43$1,332
Apr 20220215104.226.84$1,470
Mar 20220208108.885.08$1,056
Feb 2022020891.054.86$1,011
Jan 2022025281.844.54$1,144
Dec 2021024971.323.90$971
Nov 2021025277.435.24$1,320
Oct 2021024379.795.71$1,388
Sep 2021019069.865.35$1,017
Aug 2021027466.024.22$1,156
Jul 2021026170.783.98$1,039
Jun 2021025469.493.38$859
May 2021021963.483.02$661
Apr 2021024460.362.76$673
Mar 2021026761.302.72$725
Feb 2021015057.805.55$832
Jan 2021033850.412.81$950
Dec 20207622044.642.68$3,981
Nov 2020026838.772.71$725
Oct 2020029836.972.48$739
Sep 2020032237.091.99$641
Aug 2020035239.982.39$840
Jul 2020039338.371.83$717
Jun 2020036834.901.69$622
May 2020038316.921.81$695
Apr 2020037314.751.80$673
Mar 2020037330.341.86$692
Feb 2020032349.881.98$640
Jan 2020022057.252.09$461
Dec 2019020559.012.30$472
Nov 2019026755.302.75$734
Oct 2019033253.472.42$803
Sep 2019037355.052.66$991
Aug 2019043953.112.30$1,012
Jul 2019050756.272.46$1,247
Jun 2019059852.782.49$1,490
May 2019076958.482.74$2,107
Apr 2019094562.632.75$2,599
Mar 20191211,20056.803.06$10,547
Feb 201901,09050.852.79$3,044
Jan 201901,23546.033.23$3,987
Dec 2018731,27946.594.19$8,754
Nov 2018571,27352.934.24$8,411
Oct 2018741,36861.443.40$9,195
Sep 2018481,37259.543.11$7,122
Aug 2018741,52259.403.07$9,063
Jul 2018781,61365.142.93$9,810
Jun 20181301,61660.183.08$12,796
May 20181121,75265.382.90$12,405
Apr 201801,76363.842.90$5,114
Mar 20181371,98861.222.79$13,927
Feb 20181561,90361.782.77$14,902
Jan 20182012,51062.874.01$22,700
Dec 20175142,53857.272.92$36,852
Nov 2017018655.423.12$580
Oct 2017024349.292.98$725
Sep 2017023747.523.09$732
Aug 2017022245.373.00$667
Jul 2017024143.873.09$744
Jun 2017023942.493.09$738
May 2017024945.373.26$813
Apr 2017024447.933.21$784
Mar 2017024146.772.98$719
Feb 2017021150.452.95$623
Jan 2017024249.413.42$827
Dec 2016024848.763.72$923
Nov 2016022842.492.64$603
Oct 2016023446.193.09$723
Sep 2016022341.553.10$691
Aug 2016022941.442.92$670
Jul 2016021941.622.92$640
Jun 2016020445.352.69$548

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                  100 Mcf  × $  3.05 =       $305

────────────────────────────────────────────────────
Month total                                     $305

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/280964 is the state's own key, not one this site invented.