UNIVERSITY "5"

Operated by ROLLING HILLS OIL & GAS, INC (P-5 103203) 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 89874District 7CField 67998500NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$32 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 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
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
CondensateDisposition375 bbl$7,957
GasProduction338,043 Mcf$1,181,714
Total$1,189,672

65,229 Mcf of this lease's gas, across 48 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 31.0130, -100.9258. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.01298, -100.92576 · 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
7,370 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 7,370 ft.

Completions filed
Oct 1980
1 of 1 wells

1 well

42-4133095317,370 ftOct 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 202600106.413.05$0
Apr 202601,71598.932.87$4,922
Mar 202602,15889.753.15$6,796
Feb 202601,26563.503.75$4,744
Jan 2026097359.138.00$7,782
Dec 202506256.664.41$274
Nov 2025032958.593.93$1,292
Oct 2025044559.383.30$1,471
Sep 2025020462.743.08$628
Aug 2025068963.933.01$2,077
Jul 2025035266.743.32$1,167
Jun 2025018066.483.13$563
May 2025045960.553.23$1,484
Apr 2025026462.363.54$935
Mar 2025017267.704.27$734
Feb 2025034970.884.34$1,515
Jan 2025062174.324.28$2,657
Dec 2024013068.993.12$406
Nov 2024020769.052.20$455
Oct 2024037771.372.28$860
Sep 2024041669.612.36$984
Aug 2024054875.632.06$1,131
Jul 2024034179.932.15$732
Jun 2024067278.082.63$1,770
May 2024072778.812.20$1,598
Apr 2024025984.451.66$430
Mar 2024011780.301.55$181
Feb 202403876.091.78$68
Jan 202401473.023.30$46
Dec 2023019571.262.61$509
Nov 202302277.892.81$62
Oct 2023024185.443.09$744
Sep 2023016889.042.74$459
Aug 2023031980.522.67$853
Jul 2023013074.852.64$343
Jun 2023033068.962.26$745
May 2023029870.622.23$664
Apr 2023025478.122.24$568
Mar 202301,01572.852.39$2,429
Feb 2023063275.112.47$1,558
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202206994.529.13$630
Jul 20220153101.587.54$1,154
Jun 20220180115.097.98$1,436
May 20220197109.378.43$1,661
Apr 20220345104.226.84$2,359
Mar 20220843108.885.08$4,279
Feb 2022079391.054.86$3,853
Jan 2022067481.844.54$3,058
Dec 202101,13971.323.90$4,441
Nov 2021022577.435.24$1,178
Oct 2021030479.795.71$1,737
Sep 202101,18569.865.35$6,341
Aug 202101,26966.024.22$5,356
Jul 2021067370.783.98$2,680
Jun 202102,04869.493.38$6,924
May 202101,74963.483.02$5,278
Apr 2021027660.362.76$761
Mar 2021049861.302.72$1,353
Feb 2021042657.805.55$2,363
Jan 2021059150.412.81$1,661
Dec 2020061544.642.68$1,645
Nov 20200038.772.71$0
Oct 2020073336.972.48$1,817
Sep 2020076737.091.99$1,527
Aug 2020031639.982.39$754
Jul 2020028438.371.83$518
Jun 2020074934.901.69$1,266
May 202005416.921.81$98
Apr 202009014.751.80$162
Mar 2020033430.341.86$620
Feb 2020051049.881.98$1,010
Jan 2020055057.252.09$1,152
Dec 2019054159.012.30$1,247
Nov 2019051055.302.75$1,403
Oct 2019053253.472.42$1,287
Sep 2019053155.052.66$1,411
Aug 2019055453.112.30$1,277
Jul 2019054656.272.46$1,343
Jun 2019053652.782.49$1,335
May 2019054458.482.74$1,491
Apr 2019056262.632.75$1,546
Mar 2019060056.803.06$1,837
Feb 2019055650.852.79$1,552
Jan 2019046046.033.23$1,485
Dec 2018051646.594.19$2,160
Nov 2018050652.934.24$2,144
Oct 2018051061.443.40$1,733
Sep 2018051459.543.11$1,598
Aug 2018053759.403.07$1,647
Jul 2018054065.142.93$1,583
Jun 2018051960.183.08$1,597
May 2018054965.382.90$1,593
Apr 2018054763.842.90$1,587
Mar 2018057761.222.79$1,608
Feb 2018052961.782.77$1,463
Jan 2018057662.874.01$2,309
Dec 2017057557.272.92$1,680
Nov 2017054455.423.12$1,696
Oct 2017057749.292.98$1,722
Sep 2017055247.523.09$1,704
Aug 2017059645.373.00$1,791
Jul 2017061843.873.09$1,908
Jun 2017058742.493.09$1,812
May 2017065245.373.26$2,128
Apr 2017056947.933.21$1,827
Mar 2017069846.772.98$2,083
Feb 2017061650.452.95$1,819
Jan 2017063949.413.42$2,185
Dec 2016062048.763.72$2,308
Nov 2016064942.492.64$1,716
Oct 2016072146.193.09$2,228
Sep 2016070241.553.10$2,177
Aug 2016075741.442.92$2,214
Jul 2016064141.622.92$1,875
Jun 2016064245.352.69$1,724
May 2016073442.521.99$1,461
Apr 201601,21236.561.99$2,413
Mar 20160033.011.79$0
Feb 2016050426.472.06$1,040
Jan 2016063327.352.36$1,497
Dec 2015062032.362.00$1,241
Nov 2015060338.792.17$1,307
Oct 2015062243.552.43$1,509
Sep 2015065442.992.76$1,804
Aug 2015067440.162.87$1,936
Jul 2015069148.152.95$2,035
Jun 2015067656.152.88$1,949
May 2015066355.212.96$1,959
Apr 2015065249.822.71$1,765
Mar 2015062442.892.93$1,831
Feb 2015055644.662.98$1,655
Jan 2015061443.433.10$1,904
Dec 2014063254.693.59$2,270
Nov 2014060970.464.25$2,589
Oct 2014063778.303.90$2,485
Sep 2014063886.164.05$2,581
Aug 2014067089.394.04$2,704
Jul 2014066496.564.18$2,775
Jun 2014065898.164.74$3,117
May 2014071594.734.73$3,379
Apr 201401,59195.944.81$7,651
Mar 2014065895.895.06$3,327
Feb 2014058397.406.19$3,610
Jan 2014065190.404.86$3,164
Dec 2013071491.824.35$3,109
Nov 2013067788.853.74$2,531
Oct 2013074097.423.78$2,797
Sep 20130723104.113.72$2,688
Aug 20131807104.253.52$2,947
Jul 20130608102.523.72$2,260
Jun 2013057494.403.93$2,258
May 2013059294.834.15$2,456
Apr 2013057893.964.28$2,475
Mar 2013059093.623.91$2,309
Feb 2013056291.233.42$1,922
Jan 2013062091.603.42$2,120
Dec 2012064986.773.42$2,220
Nov 2012069286.953.62$2,508
Oct 2012074189.383.40$2,519
Sep 2012067894.672.92$1,979
Aug 2012071092.662.91$2,065
Jul 2012072485.133.02$2,187
Jun 2012068679.822.52$1,728
May 2012065291.612.49$1,622
Apr 20120701101.652.00$1,400
Mar 20120848105.052.22$1,884
Feb 20120780101.102.57$2,005
Jan 2012083898.092.73$2,291
Dec 2011084596.873.24$2,738
Nov 2011083095.723.31$2,748
Oct 2011087084.983.65$3,174
Sep 2011086483.623.99$3,444
Aug 201108,92183.404.15$37,016
Jul 2011088194.144.52$3,980
Jun 2011084092.904.64$3,898
May 2011087998.134.40$3,872
Apr 20110852105.964.33$3,692
Mar 2011090996.364.06$3,688
Feb 2011086485.644.18$3,612
Jan 2011082586.504.59$3,786
Dec 2010075785.734.35$3,291
Nov 2010095180.843.80$3,609
Oct 2010088578.103.51$3,105
Sep 2010087872.633.98$3,494
Aug 2010083973.684.42$3,708
Jul 2010084172.554.74$3,983
Jun 2010080870.364.91$3,968
May 2010083971.124.24$3,553
Apr 2010079681.694.12$3,282
Mar 2010081978.394.39$3,594
Feb 2010074173.585.44$4,033
Jan 2010088274.365.96$5,260
Dec 2009083671.445.48$4,584
Nov 2009074874.593.75$2,806
Oct 2009075672.544.11$3,107
Sep 2009083665.543.06$2,562
Aug 2009082967.423.22$2,668
Jul 2009070061.133.46$2,425
Jun 2009082966.163.90$3,229
May 2009085954.743.93$3,372
Apr 2009067446.773.59$2,418
Mar 2009078342.144.06$3,178
Feb 2009067332.814.63$3,118
Jan 2009081935.865.37$4,399
Dec 200801,21237.105.98$7,244
Nov 200801,27855.496.86$8,768
Oct 200801,44475.246.92$9,995
Sep 200801,577101.767.88$12,422
Aug 200802,072114.228.48$17,577
Jul 20080961131.0811.39$10,945
Jun 20080768131.3313.03$10,009
May 20080817123.1711.57$9,456
Apr 20080796110.3110.45$8,322
Mar 20080827101.909.66$7,992
Feb 2008077992.538.77$6,832
Jan 2008081290.388.21$6,663
Dec 2007082388.337.30$6,010
Nov 2007079691.677.29$5,804
Oct 2007082382.856.92$5,697
Sep 2007078175.846.24$4,877
Aug 2007083169.066.39$5,308
Jul 2007084870.906.39$5,417
Jun 2007078162.007.55$5,895
May 2007078658.747.85$6,167
Apr 2007077259.617.81$6,026
Mar 2007081656.927.30$5,958
Feb 2007075755.108.22$6,220
Jan 2007084450.306.73$5,677
Dec 2006085256.656.92$5,895
Nov 2006082754.207.62$6,300
Oct 2006087254.906.01$5,244
Sep 2006083960.085.04$4,226
Aug 2006087768.717.34$6,437
Jul 2006087869.376.34$5,569
Jun 2006080766.286.38$5,152
May 2006082766.016.42$5,313
Apr 2006081664.397.36$6,006
Mar 2006076156.707.08$5,390
Feb 2006076457.597.75$5,922
Jan 2006088260.598.93$7,879
Dec 2005085554.9413.42$11,470
Nov 2005084554.6910.59$8,947
Oct 2005092558.3413.80$12,761
Sep 2005085461.4512.08$10,315
Aug 2005087461.519.80$8,562
Jul 2005092455.697.84$7,248
Jun 2005081152.337.38$5,986
May 2005076645.226.65$5,095
Apr 2005080549.207.36$5,925
Mar 2005083150.377.15$5,946
Feb 2005073645.226.31$4,646
Jan 2005085843.166.32$5,424
Dec 2004083439.866.75$5,630
Nov 2004083045.286.33$5,254
Oct 2004085049.706.52$5,538
Sep 2004082343.245.28$4,349
Aug 2004084842.375.55$4,707
Jul 2004085838.286.08$5,220
Jun 2004084036.106.43$5,404
May 2004087337.486.49$5,670
Apr 2004085934.475.86$5,032
Mar 2004090534.365.53$5,005
Feb 2004094332.455.51$5,196
Jan 2004084332.036.30$5,311
Dec 2003069730.266.30$4,392
Nov 2003092028.804.60$4,228
Oct 200301,02928.174.76$4,898
Sep 2003092826.314.75$4,407
Aug 2003086229.765.13$4,422
Jul 2003085529.415.17$4,421
Jun 2003075728.565.98$4,529
May 2003062026.595.97$3,703
Apr 2003073326.675.41$3,964
Mar 2003078431.146.10$4,779
Feb 2003079833.487.93$6,325
Jan 2003076730.315.58$4,281
Dec 2002090826.914.85$4,407
Nov 2002083824.664.14$3,467
Oct 2002087826.464.23$3,713
Sep 2002095727.443.64$3,479
Aug 2002094425.963.16$2,987
Jul 2002099424.583.06$3,043
Jun 2002078623.733.34$2,624
May 200201,04124.663.58$3,731
Apr 200201,17423.653.51$4,123
Mar 200201,29522.003.10$4,018
Feb 200201,41718.222.38$3,366
Jan 2002066317.172.38$1,575
Dec 2001052916.932.36$1,251
Nov 2001057118.072.41$1,374
Oct 2001098119.782.53$2,481
Sep 2001099624.262.25$2,242
Aug 200101,02224.873.05$3,120
Jul 200101,02423.933.20$3,274
Jun 200101,01124.563.82$3,866
May 200101,05325.524.31$4,536
Apr 2001093124.685.34$4,967
Mar 200101,01524.545.38$5,457
Feb 2001093327.755.77$5,381
Jan 200101,06927.478.40$8,978
Dec 200001,07026.889.12$9,761
Nov 200001,09832.215.66$6,212
Oct 200001,12731.235.15$5,799
Sep 200001,12431.875.19$5,830
Aug 200001,18229.644.54$5,367
Jul 20001241,20328.534.09$8,458
Jun 200001,18429.304.40$5,206
May 200001,02027.263.68$3,753
Apr 200001,33724.513.12$4,166
Mar 200001,08328.422.86$3,097
Feb 200001,03627.622.73$2,825
Jan 200001,24425.272.48$3,086
Dec 199901,29224.282.42$3,131
Nov 199901,26723.192.43$3,084
Oct 199901,40820.982.80$3,948
Sep 199971,34921.752.62$3,685
Aug 1999068019.262.88$1,955
Jul 199901,05717.892.37$2,508
Jun 1999471,06115.942.36$3,255
May 1999099415.792.32$2,307
Apr 1999054515.102.21$1,203
Mar 199901,09212.471.84$2,007
Feb 199901,1639.981.82$2,114
Jan 1999074010.381.90$1,406
Dec 199807439.201.77$1,318
Nov 1998091010.892.19$1,989
Oct 199801,32312.421.97$2,605
Sep 1998099012.592.08$2,062
Aug 1998560811.301.91$1,216
Jul 199801,19311.742.24$2,669
Jun 199801,05411.242.24$2,358
May 199801,14612.622.21$2,528
Apr 199801,11113.042.51$2,783
Mar 1998089312.802.31$2,062
Feb 199801,55713.952.30$3,580
Jan 1998058514.702.15$1,261
Dec 1997091916.322.41$2,216
Nov 199701,43418.193.09$4,429
Oct 199701,22319.253.15$3,852
Sep 1997077217.742.95$2,281
Aug 1997058217.862.55$1,487
Jul 1997099517.582.25$2,236
Jun 199701,17917.242.26$2,661
May 199701,37818.972.31$3,181
Apr 1997091717.882.08$1,910
Mar 199701,34718.951.94$2,612
Feb 199701,12120.492.21$2,473
Jan 199701,45223.483.54$5,140
Dec 199601,06423.32$0
Nov 1996075821.97$0
Oct 199601,79023.31$0
Sep 199601,48322.22$0
Aug 199601,48920.26$0
Jul 199601,06219.55$0
Jun 199601,54218.73$0
May 199601,96519.43$0
Apr 199611,04921.51$22
Mar 199601,09519.38$0
Feb 199601,06216.98$0
Jan 199601,65417.07$0
Dec 199501,69217.19$0
Nov 199501,59216.00$0
Oct 1995086915.43$0
Sep 1995061316.18$0
Aug 199501,21515.92$0
Jul 199501,30315.24$0
Jun 199501,16816.41$0
May 199501,33517.56$0
Apr 199501,24717.73$0
Mar 199501,30716.44$0
Feb 199501,38916.58$0
Jan 199501,68015.92$0
Dec 199401,69015.03$0
Nov 199401,47915.90$0
Oct 199403015.58$0
Sep 199401,39415.29$0
Aug 1994089216.13$0
Jul 199418997417.56$3,319
Jun 199411,17417.09$17
May 199401,48815.88$0
Apr 199401,41814.14$0
Mar 199401,55912.46$0
Feb 199401,24512.50$0
Jan 199401,54012.66$0
Dec 199301,73912.33$0
Nov 199301,58614.49$0
Oct 199301,59015.85$0
Sep 199301,53015.03$0
Aug 199301,84915.66$0
Jul 199301,66915.46$0
Jun 199301,51916.79$0
May 199301,61017.68$0
Apr 199301,60218.05$0
Mar 199301,44218.14$0
Feb 199301,39017.90$0
Jan 199301,39716.93$0

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                1,715 Mcf  × $  2.87 =     $4,922

────────────────────────────────────────────────────
Month total                                   $4,922

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/89874 is the state's own key, not one this site invented.