UNIVERSITY 31-3

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

Gas lease lease 90114District 7CField 67995200NGPA filingCondensateGasSaveExport
Value, all time
$173 k
Jan 1993 – May 2026
Value, last 12 filed months
$4 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered
1962-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).

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
CondensateDisposition933 bbl$44,554
GasProduction35,664 Mcf$128,510
Total$173,064

3,071 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 30.7304, -101.4517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.73042, -101.45169 · 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
9,460 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 9,460 ft.

Completions filed
Jul 1980
1 of 1 wells

1 well

42-1053288619,460 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 20260185106.413.05$563
Apr 202601598.932.87$43
Mar 202604389.753.15$135
Feb 2026012763.503.75$476
Jan 202603959.138.00$312
Dec 202506256.664.41$274
Nov 202509758.593.93$381
Oct 202505459.383.30$178
Sep 2025010362.743.08$317
Aug 202509963.933.01$298
Jul 2025018066.743.32$597
Jun 202509066.483.13$282
May 2025010860.553.23$349
Apr 202507262.363.54$255
Mar 202505367.704.27$226
Feb 202504770.884.34$204
Jan 202505774.324.28$244
Dec 202406968.993.12$215
Nov 202406969.052.20$152
Oct 202406671.372.28$151
Sep 202409769.612.36$229
Aug 202407875.632.06$161
Jul 202405179.932.15$109
Jun 202402978.082.63$76
May 202402978.812.20$64
Apr 202403884.451.66$63
Mar 202406680.301.55$102
Feb 202406676.091.78$118
Jan 202407173.023.30$234
Dec 202304871.262.61$125
Nov 202304577.892.81$126
Oct 202304985.443.09$151
Sep 202305389.042.74$145
Aug 202304980.522.67$131
Jul 202304874.852.64$127
Jun 202306068.962.26$136
May 202304170.622.23$91
Apr 202303178.122.24$69
Mar 202302772.852.39$65
Feb 202304575.112.47$111
Jan 202304276.533.39$142
Dec 202203276.415.73$183
Nov 202203985.005.65$220
Oct 202202687.185.86$152
Sep 202202784.888.16$220
Aug 202205494.529.13$493
Jul 2022055101.587.54$415
Jun 2022064115.097.98$511
May 2022030109.378.43$253
Apr 2022054104.226.84$369
Mar 2022074108.885.08$376
Feb 202202491.054.86$117
Jan 202205381.844.54$241
Dec 202104771.323.90$183
Nov 202106177.435.24$319
Oct 202106579.795.71$371
Sep 202105069.865.35$268
Aug 202104866.024.22$203
Jul 202106370.783.98$251
Jun 2021010169.493.38$341
May 2021016963.483.02$510
Apr 2021033660.362.76$927
Mar 2021032061.302.72$869
Feb 2021023357.805.55$1,293
Jan 20215424450.412.81$3,408
Dec 20208534944.642.68$4,728
Nov 202010824438.772.71$4,848
Oct 20204222336.972.48$2,105
Sep 20206540637.091.99$3,219
Aug 20205541239.982.39$3,182
Jul 20201436738.371.83$1,207
Jun 20201243434.901.69$1,152
May 20201120316.921.81$555
Apr 202051014.751.80$92
Mar 20202812930.341.86$1,089
Feb 20201812149.881.98$1,138
Jan 20202221757.252.09$1,714
Dec 2019819859.012.30$928
Nov 20191022855.302.75$1,180
Oct 2019611653.472.42$601
Sep 201924555.052.66$230
Aug 201933153.112.30$231
Jul 201906356.272.46$155
Jun 2019014052.782.49$349
May 2019026758.482.74$732
Apr 201907962.632.75$217
Mar 2019014856.803.06$453
Feb 2019010650.852.79$296
Jan 201909346.033.23$300
Dec 2018015246.594.19$636
Nov 201808452.934.24$356
Oct 2018018761.443.40$635
Sep 201809359.543.11$289
Aug 2018011459.403.07$350
Jul 2018012665.142.93$369
Jun 2018027860.183.08$855
May 2018025265.382.90$731
Apr 2018018663.842.90$540
Mar 2018020361.222.79$566
Feb 201806661.782.77$183
Jan 201807962.874.01$317
Dec 201707657.272.92$222
Nov 201704855.423.12$150
Oct 201708849.292.98$263
Sep 2017010447.523.09$321
Aug 201705645.373.00$168
Jul 2017016443.873.09$506
Jun 2017023342.493.09$719
May 2017020545.373.26$669
Apr 2017023947.933.21$768
Mar 2017012246.772.98$364
Feb 201707350.452.95$216
Jan 201709849.413.42$335
Dec 2016023048.763.72$856
Nov 201605842.492.64$153
Oct 2016014846.193.09$457
Sep 201606241.553.10$192
Aug 201606941.442.92$202
Jul 2016021741.622.92$635
Jun 2016011245.352.69$301
May 2016016642.521.99$331
Apr 2016010136.561.99$201
Mar 201603233.011.79$57
Feb 201603426.472.06$70
Jan 201644627.352.36$218
Dec 201586232.362.00$383
Nov 201577938.792.17$443
Oct 201573743.552.43$395
Sep 201577242.992.76$500
Aug 201538340.162.87$359
Jul 201536048.152.95$321
Jun 201502556.152.88$72
May 201509255.212.96$272
Apr 201507449.822.71$200
Mar 201508942.892.93$261
Feb 201504744.662.98$140
Jan 201565043.433.10$416
Dec 2014198654.693.59$1,348
Nov 201497470.464.25$949
Oct 2014119378.303.90$1,224
Sep 201487586.164.05$993
Aug 201475989.394.04$864
Jul 201446496.564.18$654
Jun 201404998.164.74$232
May 201408494.734.73$397
Apr 201405595.944.81$265
Mar 201402895.895.06$142
Feb 201406297.406.19$384
Jan 201407590.404.86$365
Dec 201308091.824.35$348
Nov 201305388.853.74$198
Oct 201307697.423.78$287
Sep 2013072104.113.72$268
Aug 2013077104.253.52$271
Jul 2013879102.523.72$1,114
Jun 2013812294.403.93$1,235
May 2013106494.834.15$1,214
Apr 201335793.964.28$526
Mar 2013105193.623.91$1,136
Feb 201366091.233.42$753
Jan 201377191.603.42$884
Dec 201248086.773.42$621
Nov 201268486.953.62$826
Oct 201266189.383.40$744
Sep 201247094.672.92$583
Aug 201242692.662.91$446
Jul 201224385.133.02$300
Jun 201207679.822.52$191
May 201206591.612.49$162
Apr 2012057101.652.00$114
Mar 2012077105.052.22$171
Feb 2012047101.102.57$121
Jan 201204998.092.73$134
Dec 201105496.873.24$175
Nov 201105095.723.31$166
Oct 201104384.983.65$157
Sep 201109683.623.99$383
Aug 201107183.404.15$295
Jul 201145594.144.52$625
Jun 201138092.904.64$650
May 201124898.134.40$408
Apr 2011337105.964.33$478
Mar 201146496.364.06$645
Feb 201135385.644.18$478
Jan 2011210086.504.59$632
Dec 201005285.734.35$226
Nov 201007380.843.80$277
Oct 201007778.103.51$270
Sep 201007472.633.98$294
Aug 201007773.684.42$340
Jul 201008172.554.74$384
Jun 201003670.364.91$177
May 201008671.124.24$364
Apr 201007681.694.12$313
Mar 201007378.394.39$320
Feb 201004073.585.44$218
Jan 201007774.365.96$459
Dec 200904471.445.48$241
Nov 200905174.593.75$191
Oct 200904072.544.11$164
Sep 200909365.543.06$285
Aug 200904867.423.22$154
Jul 200907261.133.46$249
Jun 2009011166.163.90$432
May 200902854.743.93$110
Apr 200906846.773.59$244
Mar 200906942.144.06$280
Feb 200905332.814.63$246
Jan 200908635.865.37$462
Dec 200807737.105.98$460
Nov 200802255.496.86$151
Oct 200806175.246.92$422
Sep 2008052101.767.88$410
Aug 2008054114.228.48$458
Jul 2008032131.0811.39$364
Jun 2008040131.3313.03$521
May 2008029123.1711.57$336
Apr 2008046110.3110.45$481
Mar 2008041101.909.66$396
Feb 200806792.538.77$588
Jan 200806590.388.21$533
Dec 200706488.337.30$467
Nov 2007013291.677.29$963
Oct 200703382.856.92$228
Sep 2007010575.846.24$656
Aug 2007010269.066.39$652
Jul 2007012770.906.39$811
Jun 200709262.007.55$694
May 2007011458.747.85$894
Apr 200705959.617.81$461
Mar 200708356.927.30$606
Feb 200759355.108.22$1,040
Jan 2007010350.306.73$693
Dec 2006012356.656.92$851
Nov 200607554.207.62$571
Oct 2006021554.906.01$1,293
Sep 2006015060.085.04$756
Aug 200606268.717.34$455
Jul 200609969.376.34$628
Jun 200608066.286.38$511
May 2006013066.016.42$835
Apr 200608864.397.36$648
Mar 200605056.707.08$354
Feb 200606757.597.75$519
Jan 200608860.598.93$786
Dec 200506054.9413.42$805
Nov 200508754.6910.59$921
Oct 2005108158.3413.80$1,701
Sep 200557261.4512.08$1,177
Aug 2005913061.519.80$1,827
Jul 20051310755.697.84$1,563
Jun 200527052.337.38$621
May 20051313945.226.65$1,512
Apr 200577049.207.36$860
Mar 200507950.377.15$565
Feb 2005012445.226.31$783
Jan 200508243.166.32$518
Dec 200408039.866.75$540
Nov 200407345.286.33$462
Oct 2004015249.706.52$990
Sep 200407643.245.28$402
Aug 2004010142.375.55$561
Jul 2004011038.286.08$669
Jun 200405436.106.43$347
May 200405437.486.49$351
Apr 2004010134.475.86$592
Mar 200409634.365.53$531
Feb 200408232.455.51$452
Jan 200409432.036.30$592
Dec 2003018430.266.30$1,160
Nov 2003017328.804.60$795
Oct 2003018828.174.76$895
Sep 2003010026.314.75$475
Aug 2003011529.765.13$590
Jul 2003011129.415.17$574
Jun 200305428.565.98$323
May 2003012426.595.97$741
Apr 2003011926.675.41$643
Mar 2003011331.146.10$689
Feb 200306333.487.93$499
Jan 2003011830.315.58$659
Dec 200209426.914.85$456
Nov 200205824.664.14$240
Oct 200208426.464.23$355
Sep 200207127.443.64$258
Aug 2002010825.963.16$342
Jul 200206824.583.06$208
Jun 200202023.733.34$67
May 200209424.663.58$337
Apr 2002013323.653.51$467
Mar 200207722.003.10$239
Feb 200206018.222.38$143
Jan 200206017.172.38$143
Dec 200107816.932.36$184
Nov 200107018.072.41$168
Oct 2001011719.782.53$296
Sep 200106224.262.25$140
Aug 200178724.873.05$440
Jul 200125323.933.20$217
Jun 200144224.563.82$259
May 200123425.524.31$197
Apr 200136724.685.34$432
Mar 2001913224.545.38$931
Feb 2001710027.755.77$771
Jan 200134427.478.40$452
Dec 200067126.889.12$809
Nov 200056132.215.66$506
Oct 200027131.235.15$428
Sep 200046831.875.19$480
Aug 200036029.644.54$361
Jul 200035028.534.09$290
Jun 2000811729.304.40$749
May 2000715927.263.68$776
Apr 20001417524.513.12$888
Mar 2000916728.422.86$733
Feb 2000610327.622.73$447
Jan 200078225.272.48$380
Dec 1999011424.282.42$276
Nov 199908423.192.43$204
Oct 199908720.982.80$244
Sep 199907221.752.62$189
Aug 199909319.262.88$267
Jul 199907217.892.37$171
Jun 199908315.942.36$196
May 199903115.792.32$72
Apr 199903915.102.21$86
Mar 199904512.471.84$83
Feb 19990549.981.82$98
Jan 199904910.381.90$93
Dec 19980639.201.77$112
Nov 199805410.892.19$118
Oct 199808812.421.97$173
Sep 199805812.592.08$121
Aug 1998016811.301.91$320
Jul 1998020411.742.24$456
Jun 1998016511.242.24$369
May 1998016112.622.21$355
Apr 1998011413.042.51$286
Mar 199809012.802.31$208
Feb 199806913.952.30$159
Jan 1998011314.702.15$243
Dec 1997010016.322.41$241
Nov 199706718.193.09$207
Oct 199706019.253.15$189
Sep 1997010717.742.95$316
Aug 1997016917.862.55$432
Jul 1997011717.582.25$263
Jun 1997010717.242.26$242
May 199709518.972.31$219
Apr 1997011117.882.08$231
Mar 199709418.951.94$182
Feb 199706220.492.21$137
Jan 199707723.483.54$273
Dec 1996010323.32$0
Nov 199601121.97$0
Oct 199604823.31$0
Sep 199603422.22$0
Aug 199601220.26$0
Jul 199601419.55$0
Jun 199601718.73$0
May 199604319.43$0
Apr 199604021.51$0
Mar 199601119.38$0
Feb 19960716.98$0
Jan 199601217.07$0
Dec 19950817.19$0
Nov 19950416.00$0
Oct 199501515.43$0
Sep 199504016.18$0
Aug 199501715.92$0
Jul 199506015.24$0
Jun 199501316.41$0
May 199503617.56$0
Apr 19950517.73$0
Mar 199501416.44$0
Feb 199508016.58$0
Jan 199504315.92$0
Dec 199425815.03$30
Nov 199424315.90$32
Oct 199412715.58$16
Sep 199414215.29$15
Aug 199411816.13$16
Jul 199413117.56$18
Jun 1994012017.09$0
May 199407915.88$0
Apr 199401014.14$0
Mar 19940912.46$0
Feb 1994011612.50$0
Jan 199407412.66$0
Dec 199304212.33$0
Nov 199309514.49$0
Oct 199305915.85$0
Sep 199307915.03$0
Aug 1993017115.66$0
Jul 1993018315.46$0
Jun 1993019016.79$0
May 1993015617.68$0
Apr 1993019918.05$0
Mar 1993022518.14$0
Feb 1993018617.90$0
Jan 1993017216.93$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                  185 Mcf  × $  3.05 =       $563

────────────────────────────────────────────────────
Month total                                     $563

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/90114 is the state's own key, not one this site invented.