UNIVERSITY 31-27W

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 89940District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$363 k
Jan 1993 – May 2026
Value, last 12 filed months
$7 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
CondensateDisposition25 bbl$1,980
GasProduction103,824 Mcf$360,635
Total$362,615

11,192 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 30.7261, -101.3964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72614, -101.39639 · 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
8,732 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 8,732 ft.

Completions filed
Sep 1980
1 of 1 wells

1 well

42-1053301528,732 ftSep 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 2026083106.413.05$253
Apr 20260098.932.87$0
Mar 202604989.753.15$154
Feb 2026012063.503.75$450
Jan 2026012359.138.00$984
Dec 2025011256.664.41$494
Nov 2025012358.593.93$483
Oct 2025023459.383.30$773
Sep 2025021062.743.08$646
Aug 2025025563.933.01$769
Jul 2025030666.743.32$1,014
Jun 2025018266.483.13$569
May 2025023160.553.23$747
Apr 2025022562.363.54$797
Mar 2025024767.704.27$1,054
Feb 2025028170.884.34$1,220
Jan 2025029574.324.28$1,262
Dec 2024028868.993.12$899
Nov 2024028869.052.20$633
Oct 2024030971.372.28$705
Sep 2024027869.612.36$657
Aug 2024028075.632.06$578
Jul 2024025579.932.15$547
Jun 2024032578.082.63$856
May 2024032578.812.20$714
Apr 2024019984.451.66$330
Mar 2024023780.301.55$366
Feb 2024023776.091.78$423
Jan 2024025973.023.30$854
Dec 2023021571.262.61$561
Nov 2023016377.892.81$458
Oct 2023021785.443.09$670
Sep 2023023389.042.74$637
Aug 2023021580.522.67$575
Jul 2023035374.852.64$933
Jun 2023020168.962.26$454
May 2023033170.622.23$737
Apr 2023022978.122.24$512
Mar 2023018172.852.39$433
Feb 2023015675.112.47$385
Jan 2023032876.533.39$1,111
Dec 2022012776.415.73$728
Nov 2022029085.005.65$1,637
Oct 2022012787.185.86$745
Sep 2022031784.888.16$2,588
Aug 2022040194.529.13$3,660
Jul 20220224101.587.54$1,689
Jun 20220391115.097.98$3,119
May 20220401109.378.43$3,382
Apr 20220283104.226.84$1,935
Mar 20220277108.885.08$1,406
Feb 2022035991.054.86$1,744
Jan 2022049981.844.54$2,264
Dec 2021057271.323.90$2,230
Nov 2021026477.435.24$1,383
Oct 202101179.795.71$63
Sep 20210969.865.35$48
Aug 2021014366.024.22$604
Jul 2021085570.783.98$3,405
Jun 2021077069.493.38$2,603
May 2021045763.483.02$1,379
Apr 2021065360.362.76$1,801
Mar 2021055661.302.72$1,511
Feb 2021053157.805.55$2,946
Jan 2021053350.412.81$1,498
Dec 2020060544.642.68$1,619
Nov 2020056238.772.71$1,521
Oct 2020050736.972.48$1,257
Sep 2020044937.091.99$894
Aug 2020050739.982.39$1,209
Jul 202001,12138.371.83$2,046
Jun 2020023234.901.69$392
May 2020037916.921.81$688
Apr 2020075114.751.80$1,355
Mar 202001,15630.341.86$2,146
Feb 202001,48649.881.98$2,943
Jan 202001,14657.252.09$2,401
Dec 201901,11959.012.30$2,579
Nov 2019088455.302.75$2,432
Oct 2019067653.472.42$1,635
Sep 201901,04255.052.66$2,769
Aug 2019071153.112.30$1,638
Jul 2019039556.272.46$972
Jun 201901,07852.782.49$2,686
May 201901,52858.482.74$4,187
Apr 20190062.632.75$0
Mar 201901,35256.803.06$4,140
Feb 2019029250.852.79$815
Jan 2019080946.033.23$2,612
Dec 2018048446.594.19$2,026
Nov 201801,03652.934.24$4,390
Oct 201801,79661.443.40$6,103
Sep 201801,90459.543.11$5,918
Aug 2018062459.403.07$1,914
Jul 201801,40465.142.93$4,116
Jun 201801,69960.183.08$5,228
May 2018015065.382.90$435
Apr 201809663.842.90$278
Mar 201808061.222.79$223
Feb 201805161.782.77$141
Jan 201807262.874.01$289
Dec 201707857.272.92$228
Nov 2017010655.423.12$331
Oct 2017013449.292.98$400
Sep 201708347.523.09$256
Aug 2017014845.373.00$445
Jul 2017018043.873.09$556
Jun 201709942.493.09$306
May 2017010945.373.26$356
Apr 201708347.933.21$267
Mar 201708646.772.98$257
Feb 201708050.452.95$236
Jan 2017015949.413.42$544
Dec 2016017348.763.72$644
Nov 2016011842.492.64$312
Oct 2016012146.193.09$374
Sep 201607941.553.10$245
Aug 201605241.442.92$152
Jul 2016014341.622.92$418
Jun 2016010645.352.69$285
May 2016016542.521.99$329
Apr 201608336.561.99$165
Mar 2016017233.011.79$309
Feb 201603626.472.06$74
Jan 2016011427.352.36$270
Dec 201505232.362.00$104
Nov 2015014838.792.17$321
Oct 201505143.552.43$124
Sep 2015014842.992.76$408
Aug 2015013040.162.87$373
Jul 2015012848.152.95$377
Jun 201506456.152.88$185
May 2015019155.212.96$564
Apr 201506349.822.71$171
Mar 2015014942.892.93$437
Feb 201509644.662.98$286
Jan 201508543.433.10$264
Dec 201407754.693.59$277
Nov 201408070.464.25$340
Oct 2014013378.303.90$519
Sep 201408086.164.05$324
Aug 2014014289.394.04$573
Jul 2014012396.564.18$514
Jun 2014010898.164.74$512
May 2014014694.734.73$690
Apr 2014016495.944.81$789
Mar 2014018795.895.06$946
Feb 2014018097.406.19$1,115
Jan 2014019790.404.86$958
Dec 2013018491.824.35$801
Nov 2013017788.853.74$662
Oct 2013017997.423.78$677
Sep 20130159104.113.72$591
Aug 20130159104.253.52$560
Jul 20133173102.523.72$951
Jun 2013311494.403.93$732
May 2013415294.834.15$1,010
Apr 2013112593.964.28$629
Mar 2013412493.623.91$860
Feb 2013211091.233.42$559
Jan 2013214191.603.42$665
Dec 2012013786.773.42$469
Nov 2012017986.953.62$649
Oct 2012012289.383.40$415
Sep 2012014794.672.92$429
Aug 2012013792.662.91$398
Jul 2012016085.133.02$483
Jun 2012014879.822.52$373
May 2012018191.612.49$450
Apr 20120179101.652.00$357
Mar 20120115105.052.22$256
Feb 20120204101.102.57$524
Jan 2012012598.092.73$342
Dec 2011021396.873.24$690
Nov 2011016295.723.31$536
Oct 2011023384.983.65$850
Sep 2011016683.623.99$662
Aug 2011015783.404.15$651
Jul 2011012194.144.52$547
Jun 2011015392.904.64$710
May 2011015398.134.40$674
Apr 20110143105.964.33$620
Mar 2011015696.364.06$633
Feb 2011014785.644.18$614
Jan 201109486.504.59$431
Dec 201008985.734.35$387
Nov 2010011580.843.80$436
Oct 201009678.103.51$337
Sep 2010010772.633.98$426
Aug 2010014973.684.42$658
Jul 2010016572.554.74$782
Jun 2010012270.364.91$599
May 2010018071.124.24$762
Apr 2010018281.694.12$750
Mar 2010014878.394.39$650
Feb 201008873.585.44$479
Jan 2010011274.365.96$668
Dec 2009011771.445.48$642
Nov 20090874.593.75$30
Oct 20090872.544.11$33
Sep 200909565.543.06$291
Aug 2009012667.423.22$406
Jul 2009016461.133.46$568
Jun 2009016266.163.90$631
May 2009019054.743.93$746
Apr 2009019246.773.59$689
Mar 200908442.144.06$341
Feb 2009015832.814.63$732
Jan 2009014735.865.37$790
Dec 2008015637.105.98$932
Nov 2008019555.496.86$1,338
Oct 2008027775.246.92$1,917
Sep 20080235101.767.88$1,851
Aug 20080219114.228.48$1,858
Jul 20080270131.0811.39$3,075
Jun 20080201131.3313.03$2,620
May 20080206123.1711.57$2,384
Apr 20080209110.3110.45$2,185
Mar 20080226101.909.66$2,184
Feb 2008025092.538.77$2,193
Jan 2008022690.388.21$1,854
Dec 2007024288.337.30$1,767
Nov 2007021991.677.29$1,597
Oct 2007020682.856.92$1,426
Sep 2007019375.846.24$1,205
Aug 2007019569.066.39$1,246
Jul 2007020070.906.39$1,278
Jun 2007022662.007.55$1,706
May 2007020258.747.85$1,585
Apr 2007017559.617.81$1,366
Mar 2007021556.927.30$1,570
Feb 2007022155.108.22$1,816
Jan 2007023250.306.73$1,561
Dec 2006022756.656.92$1,570
Nov 2006022754.207.62$1,729
Oct 2006026254.906.01$1,576
Sep 2006025560.085.04$1,284
Aug 2006022568.717.34$1,651
Jul 2006023869.376.34$1,510
Jun 2006020966.286.38$1,334
May 2006026966.016.42$1,728
Apr 2006018564.397.36$1,362
Mar 2006017456.707.08$1,232
Feb 2006012657.597.75$977
Jan 2006015260.598.93$1,358
Dec 2005021554.9413.42$2,884
Nov 2005015454.6910.59$1,631
Oct 2005018258.3413.80$2,511
Sep 2005017461.4512.08$2,102
Aug 2005020461.519.80$1,999
Jul 2005020055.697.84$1,569
Jun 2005016352.337.38$1,203
May 2005019845.226.65$1,317
Apr 2005016649.207.36$1,222
Mar 2005020250.377.15$1,445
Feb 2005017745.226.31$1,117
Jan 2005019243.166.32$1,214
Dec 2004018739.866.75$1,262
Nov 2004028045.286.33$1,773
Oct 2004027949.706.52$1,818
Sep 2004018443.245.28$972
Aug 2004027342.375.55$1,515
Jul 2004019538.286.08$1,186
Jun 2004019736.106.43$1,267
May 2004020637.486.49$1,338
Apr 2004024534.475.86$1,435
Mar 2004019034.365.53$1,051
Feb 2004017532.455.51$964
Jan 2004017432.036.30$1,096
Dec 2003016930.266.30$1,065
Nov 2003017428.804.60$800
Oct 2003021028.174.76$1,000
Sep 2003025326.314.75$1,202
Aug 2003024529.765.13$1,257
Jul 2003021329.415.17$1,101
Jun 2003021528.565.98$1,286
May 2003024126.595.97$1,439
Apr 2003028126.675.41$1,519
Mar 2003020431.146.10$1,244
Feb 2003016933.487.93$1,339
Jan 2003019830.315.58$1,105
Dec 2002019826.914.85$961
Nov 2002018724.664.14$774
Oct 2002021726.464.23$918
Sep 2002020827.443.64$756
Aug 2002022125.963.16$699
Jul 2002026624.583.06$814
Jun 2002024223.733.34$808
May 2002020524.663.58$735
Apr 2002022423.653.51$787
Mar 2002021222.003.10$658
Feb 2002018518.222.38$440
Jan 2002019117.172.38$454
Dec 2001018616.932.36$440
Nov 2001016218.072.41$390
Oct 2001019619.782.53$496
Sep 2001016524.262.25$371
Aug 2001017524.873.05$534
Jul 2001018723.933.20$598
Jun 2001022124.563.82$845
May 2001027625.524.31$1,189
Apr 2001028824.685.34$1,537
Mar 2001027624.545.38$1,484
Feb 2001021627.755.77$1,246
Jan 2001016427.478.40$1,377
Dec 2000017826.889.12$1,624
Nov 2000019432.215.66$1,098
Oct 2000024131.235.15$1,240
Sep 2000019831.875.19$1,027
Aug 2000016029.644.54$727
Jul 2000019228.534.09$785
Jun 2000625329.304.40$1,288
May 2000020227.263.68$743
Apr 2000027724.513.12$863
Mar 2000018528.422.86$529
Feb 2000019027.622.73$518
Jan 2000018125.272.48$449
Dec 1999021524.282.42$521
Nov 1999025323.192.43$616
Oct 1999032320.982.80$906
Sep 1999014021.752.62$367
Aug 1999022119.262.88$636
Jul 1999024617.892.37$584
Jun 1999023415.942.36$553
May 1999020415.792.32$473
Apr 1999012015.102.21$265
Mar 1999020612.471.84$379
Feb 199902109.981.82$382
Jan 1999024310.381.90$462
Dec 199803999.201.77$708
Nov 1998023810.892.19$520
Oct 1998022512.421.97$443
Sep 1998011412.592.08$237
Aug 1998018811.301.91$359
Jul 1998017911.742.24$400
Jun 1998024111.242.24$539
May 1998026412.622.21$582
Apr 1998022613.042.51$566
Mar 1998028012.802.31$647
Feb 1998022013.952.30$506
Jan 1998028514.702.15$614
Dec 1997026216.322.41$632
Nov 1997028318.193.09$874
Oct 1997028619.253.15$901
Sep 1997021917.742.95$647
Aug 1997014717.862.55$376
Jul 1997022017.582.25$494
Jun 1997058517.242.26$1,320
May 1997055718.972.31$1,286
Apr 1997045017.882.08$937
Mar 1997031218.951.94$605
Feb 1997033720.492.21$743
Jan 1997027923.483.54$988
Dec 1996025423.32$0
Nov 1996028221.97$0
Oct 1996028923.31$0
Sep 1996056322.22$0
Aug 1996021520.26$0
Jul 1996030619.55$0
Jun 1996028218.73$0
May 1996031319.43$0
Apr 1996029521.51$0
Mar 1996027819.38$0
Feb 1996025716.98$0
Jan 1996036617.07$0
Dec 1995047617.19$0
Nov 1995037316.00$0
Oct 1995027115.43$0
Sep 1995027816.18$0
Aug 1995029215.92$0
Jul 1995022415.24$0
Jun 1995017016.41$0
May 1995031117.56$0
Apr 1995019617.73$0
Mar 1995035916.44$0
Feb 1995028716.58$0
Jan 199506915.92$0
Dec 1994021415.03$0
Nov 1994021715.90$0
Oct 1994021815.58$0
Sep 1994021815.29$0
Aug 199408416.13$0
Jul 1994015017.56$0
Jun 199407917.09$0
May 1994016515.88$0
Apr 1994027914.14$0
Mar 1994024812.46$0
Feb 199405812.50$0
Jan 1994019112.66$0
Dec 1993022212.33$0
Nov 1993014314.49$0
Oct 199306215.85$0
Sep 1993021515.03$0
Aug 1993019615.66$0
Jul 19930015.46$0
Jun 199302916.79$0
May 1993032917.68$0
Apr 199303018.05$0
Mar 1993044518.14$0
Feb 199309317.90$0
Jan 1993030116.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   83 Mcf  × $  3.05 =       $253

────────────────────────────────────────────────────
Month total                                     $253

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/89940 is the state's own key, not one this site invented.