UNIVERSITY 31-27

Operated by RED STAG OPERATING, LLC (P-5 697118) in the UNIVERSITY 31 (STRAWN-DETRITAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 89039District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$979 k
Jan 1993 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
401
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 192 leases and 192 wells, and the rule below applies to all of them.

Discovered
1980-07-03
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1994-10-24.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/96.

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
NGPA2none

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
CondensateDisposition459 bbl$14,105
GasProduction258,704 Mcf$964,808
Total$978,913

41,618 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.7218, -101.3856. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72185, -101.38557 · 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
8,825 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 8,825 ft.

Completions filed
Jul 1980
1 of 1 wells

1 well

42-1053293618,825 ftJul 1980

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 (401)

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

401 months

May 20260498106.413.05$1,517
Apr 20260698.932.87$17
Mar 2026025489.753.15$800
Feb 2026069163.503.75$2,591
Jan 2026074159.138.00$5,926
Dec 2025063456.664.41$2,798
Nov 2025056958.593.93$2,234
Oct 2025050559.383.30$1,669
Sep 2025061562.743.08$1,892
Aug 2025054363.933.01$1,637
Jul 2025042466.743.32$1,406
Jun 2025020566.483.13$641
May 2025034260.553.23$1,105
Apr 2025023462.363.54$829
Mar 2025028967.704.27$1,234
Feb 2025021970.884.34$951
Jan 2025037074.324.28$1,583
Dec 2024029968.993.12$933
Nov 2024029969.052.20$657
Oct 2024022871.372.28$520
Sep 2024033269.612.36$785
Aug 2024018875.632.06$388
Jul 2024020779.932.15$444
Jun 2024018978.082.63$498
May 2024018978.812.20$416
Apr 2024027484.451.66$455
Mar 2024037280.301.55$575
Feb 2024037276.091.78$664
Jan 2024043273.023.30$1,425
Dec 2023028671.262.61$747
Nov 2023034077.892.81$955
Oct 2023031985.443.09$985
Sep 2023056189.042.74$1,534
Aug 2023055380.522.67$1,478
Jul 2023066974.852.64$1,767
Jun 2023040868.962.26$921
May 2023042370.622.23$942
Apr 2023029078.122.24$649
Mar 2023035972.852.39$859
Feb 2023042475.112.47$1,045
Jan 2023070976.533.39$2,402
Dec 2022034776.415.73$1,988
Nov 2022056585.005.65$3,190
Oct 2022039987.185.86$2,340
Sep 2022075984.888.16$6,196
Aug 2022053194.529.13$4,847
Jul 20220564101.587.54$4,254
Jun 20220499115.097.98$3,981
May 20220445109.378.43$3,753
Apr 20220620104.226.84$4,239
Mar 20220514108.885.08$2,609
Feb 2022036291.054.86$1,759
Jan 2022029881.844.54$1,352
Dec 2021053571.323.90$2,086
Nov 2021041277.435.24$2,158
Oct 2021036879.795.71$2,103
Sep 2021042069.865.35$2,247
Aug 2021074466.024.22$3,140
Jul 2021055370.783.98$2,202
Jun 2021059069.493.38$1,995
May 2021066863.483.02$2,016
Apr 2021050860.362.76$1,401
Mar 2021050761.302.72$1,377
Feb 2021034557.805.55$1,914
Jan 2021032650.412.81$916
Dec 2020039644.642.68$1,059
Nov 2020034438.772.71$931
Oct 2020022436.972.48$555
Sep 2020032937.091.99$655
Aug 2020039239.982.39$935
Jul 2020024238.371.83$442
Jun 2020035734.901.69$603
May 2020048116.921.81$873
Apr 202006114.751.80$110
Mar 2020038630.341.86$717
Feb 2020039949.881.98$790
Jan 2020039757.252.09$832
Dec 2019031159.012.30$717
Nov 2019033855.302.75$930
Oct 2019050153.472.42$1,212
Sep 2019039055.052.66$1,036
Aug 2019037753.112.30$869
Jul 2019027756.272.46$681
Jun 201905052.782.49$125
May 2019029458.482.74$806
Apr 2019022162.632.75$608
Mar 2019031756.803.06$971
Feb 2019035850.852.79$1,000
Jan 2019048646.033.23$1,569
Dec 2018038246.594.19$1,599
Nov 2018051952.934.24$2,199
Oct 2018049261.443.40$1,672
Sep 2018050159.543.11$1,557
Aug 2018036159.403.07$1,107
Jul 2018049965.142.93$1,463
Jun 2018076760.183.08$2,360
May 2018062465.382.90$1,810
Apr 2018052063.842.90$1,508
Mar 2018049861.222.79$1,388
Feb 2018033561.782.77$927
Jan 2018035262.874.01$1,411
Dec 2017034157.272.92$996
Nov 2017045155.423.12$1,406
Oct 2017048349.292.98$1,441
Sep 2017045847.523.09$1,414
Aug 2017062345.373.00$1,872
Jul 2017051943.873.09$1,602
Jun 2017070942.493.09$2,189
May 2017060945.373.26$1,987
Apr 2017043347.933.21$1,391
Mar 2017041746.772.98$1,244
Feb 2017040450.452.95$1,193
Jan 2017042849.413.42$1,463
Dec 2016063948.763.72$2,379
Nov 2016040442.492.64$1,068
Oct 2016062846.193.09$1,941
Sep 2016038341.553.10$1,188
Aug 2016037341.442.92$1,091
Jul 2016067241.622.92$1,965
Jun 2016058945.352.69$1,582
May 2016066142.521.99$1,316
Apr 2016035936.561.99$715
Mar 2016064433.011.79$1,155
Feb 2016030526.472.06$629
Jan 2016032227.352.36$761
Dec 2015024332.362.00$486
Nov 2015029538.792.17$639
Oct 201509143.552.43$221
Sep 2015057042.992.76$1,572
Aug 2015049340.162.87$1,416
Jul 20151356948.152.95$2,302
Jun 20153230256.152.88$2,667
May 20153264555.212.96$3,673
Apr 20152328149.822.71$1,906
Mar 20154569242.892.93$3,961
Feb 20152269844.662.98$3,060
Jan 20152651043.433.10$2,711
Dec 2014031054.693.59$1,113
Nov 2014027270.464.25$1,157
Oct 2014078978.303.90$3,078
Sep 2014070086.164.05$2,832
Aug 2014071989.394.04$2,901
Jul 2014044996.564.18$1,877
Jun 2014050498.164.74$2,387
May 2014073494.734.73$3,469
Apr 201401,15795.944.81$5,564
Mar 2014059095.895.06$2,984
Feb 2014098497.406.19$6,093
Jan 201401,10890.404.86$5,386
Dec 201301,27591.824.35$5,552
Nov 201301,27888.853.74$4,778
Oct 2013085197.423.78$3,216
Sep 20130559104.113.72$2,078
Aug 20130416104.253.52$1,465
Jul 20130734102.523.72$2,729
Jun 2013041694.403.93$1,636
May 2013063594.834.15$2,635
Apr 2013066793.964.28$2,856
Mar 2013058293.623.91$2,277
Feb 2013063091.233.42$2,155
Jan 2013085091.603.42$2,907
Dec 2012082086.773.42$2,805
Nov 2012081386.953.62$2,947
Oct 2012074889.383.40$2,543
Sep 2012071894.672.92$2,095
Aug 2012084092.662.91$2,443
Jul 2012090885.133.02$2,743
Jun 2012090579.822.52$2,280
May 2012073991.612.49$1,839
Apr 20120380101.652.00$759
Mar 20120356105.052.22$791
Feb 20120477101.102.57$1,226
Jan 2012035198.092.73$960
Dec 2011040596.873.24$1,312
Nov 2011034395.723.31$1,136
Oct 2011052584.983.65$1,915
Sep 2011050083.623.99$1,993
Aug 2011051683.404.15$2,141
Jul 2011041994.144.52$1,893
Jun 2011052492.904.64$2,431
May 2011043498.134.40$1,912
Apr 20110448105.964.33$1,941
Mar 2011043996.364.06$1,781
Feb 2011050285.644.18$2,098
Jan 2011052286.504.59$2,395
Dec 2010045085.734.35$1,956
Nov 2010069280.843.80$2,626
Oct 2010062678.103.51$2,197
Sep 2010070272.633.98$2,794
Aug 2010069073.684.42$3,049
Jul 2010067672.554.74$3,202
Jun 2010074170.364.91$3,639
May 2010076471.124.24$3,236
Apr 2010066381.694.12$2,733
Mar 2010071678.394.39$3,142
Feb 2010045073.585.44$2,449
Jan 2010070374.365.96$4,193
Dec 2009083071.445.48$4,552
Nov 2009062274.593.75$2,333
Oct 2009084172.544.11$3,457
Sep 2009096165.543.06$2,945
Aug 2009071567.423.22$2,301
Jul 2009076161.133.46$2,636
Jun 2009075666.163.90$2,945
May 200901,02454.743.93$4,020
Apr 2009082746.773.59$2,967
Mar 2009067642.144.06$2,744
Feb 2009066032.814.63$3,058
Jan 2009076735.865.37$4,120
Dec 2008086237.105.98$5,152
Nov 2008090355.496.86$6,195
Oct 200801,05075.246.92$7,268
Sep 20080885101.767.88$6,971
Aug 200801,273114.228.48$10,799
Jul 200801,066131.0811.39$12,141
Jun 200801,438131.3313.03$18,741
May 200801,665123.1711.57$19,271
Apr 200801,469110.3110.45$15,358
Mar 200801,595101.909.66$15,414
Feb 200801,92592.538.77$16,883
Jan 200803,46690.388.21$28,441
Dec 2007076288.337.30$5,564
Nov 2007027191.677.29$1,976
Oct 2007023782.856.92$1,641
Sep 2007027475.846.24$1,711
Aug 2007031669.066.39$2,019
Jul 2007033170.906.39$2,114
Jun 2007030162.007.55$2,272
May 2007032958.747.85$2,581
Apr 2007026259.617.81$2,045
Mar 2007031056.927.30$2,264
Feb 2007022755.108.22$1,865
Jan 2007026150.306.73$1,756
Dec 2006020356.656.92$1,404
Nov 2006041454.207.62$3,154
Oct 2006062154.906.01$3,735
Sep 2006042360.085.04$2,131
Aug 2006047368.717.34$3,472
Jul 2006053569.376.34$3,393
Jun 2006054666.286.38$3,486
May 2006052766.016.42$3,386
Apr 2006034364.397.36$2,525
Mar 2006030956.707.08$2,189
Feb 2006036157.597.75$2,798
Jan 2006046060.598.93$4,109
Dec 2005037054.9413.42$4,964
Nov 2005064154.6910.59$6,787
Oct 2005066158.3413.80$9,119
Sep 2005054861.4512.08$6,619
Aug 2005061861.519.80$6,054
Jul 2005051855.697.84$4,063
Jun 2005052552.337.38$3,875
May 2005052945.226.65$3,518
Apr 2005067449.207.36$4,961
Mar 2005057550.377.15$4,114
Feb 2005083145.226.31$5,245
Jan 2005067243.166.32$4,249
Dec 2004065739.866.75$4,435
Nov 2004078245.286.33$4,950
Oct 2004038449.706.52$2,502
Sep 2004044643.245.28$2,357
Aug 2004048742.375.55$2,703
Jul 2004050538.286.08$3,073
Jun 2004051536.106.43$3,313
May 2004051737.486.49$3,358
Apr 2004053834.475.86$3,152
Mar 2004056034.365.53$3,097
Feb 2004050632.455.51$2,788
Jan 2004050432.036.30$3,175
Dec 2003046430.266.30$2,924
Nov 2003044428.804.60$2,040
Oct 2003049028.174.76$2,332
Sep 2003058026.314.75$2,755
Aug 2003057029.765.13$2,924
Jul 2003045329.415.17$2,342
Jun 2003040328.565.98$2,411
May 2003049526.595.97$2,956
Apr 2003071226.675.41$3,850
Mar 2003040131.146.10$2,445
Feb 2003045133.487.93$3,575
Jan 2003064430.315.58$3,595
Dec 2002055026.914.85$2,670
Nov 2002061824.664.14$2,557
Oct 2002079226.464.23$3,349
Sep 2002087427.443.64$3,177
Aug 2002071025.963.16$2,247
Jul 2002089724.583.06$2,746
Jun 2002087023.733.34$2,904
May 2002076124.663.58$2,727
Apr 2002065223.653.51$2,290
Mar 200201,26422.003.10$3,922
Feb 200201,50718.222.38$3,580
Jan 2002078817.172.38$1,872
Dec 2001073216.932.36$1,731
Nov 2001079618.072.41$1,915
Oct 2001095219.782.53$2,407
Sep 2001088424.262.25$1,990
Aug 2001095624.873.05$2,919
Jul 200101,12223.933.20$3,587
Jun 2001066324.563.82$2,535
May 2001079425.524.31$3,420
Apr 2001079624.685.34$4,247
Mar 2001092124.545.38$4,952
Feb 2001070327.755.77$4,054
Jan 2001089427.478.40$7,508
Dec 200001,05326.889.12$9,606
Nov 200001,17432.215.66$6,642
Oct 200001,31931.235.15$6,787
Sep 200001,19031.875.19$6,172
Aug 200001,83529.644.54$8,332
Jul 200001,94428.534.09$7,950
Jun 2000075329.304.40$3,311
May 2000081127.263.68$2,984
Apr 2000095624.513.12$2,979
Mar 2000049428.422.86$1,413
Feb 2000040627.622.73$1,107
Jan 2000045725.272.48$1,134
Dec 1999061924.282.42$1,500
Nov 1999061623.192.43$1,499
Oct 1999082420.982.80$2,310
Sep 1999075221.752.62$1,969
Aug 1999056519.262.88$1,625
Jul 1999065917.892.37$1,563
Jun 1999045415.942.36$1,072
May 1999069615.792.32$1,615
Apr 1999066615.102.21$1,471
Mar 1999047512.471.84$873
Feb 199906029.981.82$1,094
Jan 1999074210.381.90$1,410
Dec 199808669.201.77$1,536
Nov 1998076810.892.19$1,679
Oct 1998075012.421.97$1,477
Sep 1998072312.592.08$1,506
Aug 199801,04711.301.91$1,997
Jul 1998088311.742.24$1,976
Jun 1998080311.242.24$1,797
May 1998089712.622.21$1,979
Apr 1998071913.042.51$1,801
Mar 1998086512.802.31$1,998
Feb 1998060513.952.30$1,391
Jan 199801,22714.702.15$2,644
Dec 1997141,35516.322.41$3,496
Nov 199701,66618.193.09$5,145
Oct 199701,68819.253.15$5,317
Sep 1997088517.742.95$2,615
Aug 1997091117.862.55$2,327
Jul 199701,03617.582.25$2,328
Jun 199701,16917.242.26$2,639
May 1997086818.972.31$2,004
Apr 199701,13617.882.08$2,366
Mar 199701,45018.951.94$2,812
Feb 1997048920.492.21$1,079
Jan 1997044423.483.54$1,572
Dec 1996051623.32$0
Nov 1996054221.97$0
Oct 1996068723.31$0
Sep 1996067522.22$0
Aug 1996053820.26$0
Jul 1996061219.55$0
Jun 1996067818.73$0
May 1996078219.43$0
Apr 1996083121.51$0
Mar 1996086819.38$0
Feb 1996085216.98$0
Jan 199601,04017.07$0
Dec 199501,13917.19$0
Nov 1995083316.00$0
Oct 1995070415.43$0
Sep 1995070916.18$0
Aug 1995076015.92$0
Jul 199501,17915.24$0
Jun 1995097216.41$0
May 1995082317.56$0
Apr 1995058717.73$0
Mar 1995081016.44$0
Feb 1995062216.58$0
Jan 1995077515.92$0
Dec 1994083315.03$0
Nov 1994044915.90$0
Oct 1994067315.58$0
Sep 1994059115.29$0
Aug 1994083016.13$0
Jul 199401,16217.56$0
Jun 1994086517.09$0
May 1994070015.88$0
Apr 199401,07714.14$0
Mar 199401,12512.46$0
Feb 199401,29312.50$0
Jan 199401,75412.66$0
Dec 199301,90412.33$0
Nov 199302,52414.49$0
Oct 199302,22615.85$0
Sep 1993088515.03$0
Aug 1993057915.66$0
Jul 19930015.46$0
Jun 199333116.79$50
May 19931051,08517.68$1,856
Apr 19934344618.05$776
Mar 1993541,01818.14$980
Feb 19934382117.90$770
Jan 1993421316.93$68

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                  498 Mcf  × $  3.05 =     $1,517

────────────────────────────────────────────────────
Month total                                   $1,517

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/89039 is the state's own key, not one this site invented.