UNIVERSITY 31-4

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

Gas lease lease 90721District 7CField 92626500NGPA filingGasSaveExport
Value, all time
$89 k
Jan 1993 – May 2026
Value, last 12 filed months
$106
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered
1980-11-06
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA 100% % DELIVERABILITY

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
GasProduction48,478 Mcf$88,820
Total$88,820

22,095 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 30.7199, -101.4526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.71990, -101.45261 · 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
896 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 896 ft.

Completions filed
Nov 1980
1 of 1 wells

1 well

42-105330331896 ftNov 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 20262106.413.05$6
Apr 2026498.932.87$11
Mar 2026189.753.15$3
Feb 2026263.503.75$8
Jan 2026159.138.00$8
Dec 2025156.664.41$4
Nov 2025158.593.93$4
Oct 2025159.383.30$3
Sep 2025162.743.08$3
Aug 20251463.933.01$42
Jul 2025366.743.32$10
Jun 2025166.483.13$3
May 2025160.553.23$3
Apr 2025162.363.54$4
Mar 2025267.704.27$9
Feb 20254270.884.34$182
Jan 20251974.324.28$81
Dec 20241368.993.12$41
Nov 20241369.052.20$29
Oct 20241371.372.28$30
Sep 20242169.612.36$50
Aug 20242175.632.06$43
Jul 20241779.932.15$36
Jun 20242278.082.63$58
May 20242278.812.20$48
Apr 20241884.451.66$30
Mar 20241780.301.55$26
Feb 20241776.091.78$30
Jan 20241873.023.30$59
Dec 20231871.262.61$47
Nov 20231377.892.81$37
Oct 20231485.443.09$43
Sep 20231889.042.74$49
Aug 20231680.522.67$43
Jul 20231274.852.64$32
Jun 20232068.962.26$45
May 20231270.622.23$27
Apr 20231678.122.24$36
Mar 20231172.852.39$26
Feb 20231975.112.47$47
Jan 20231276.533.39$41
Dec 20221176.415.73$63
Nov 2022885.005.65$45
Oct 2022487.185.86$23
Sep 2022484.888.16$33
Aug 2022594.529.13$46
Jul 20225101.587.54$38
Jun 20224115.097.98$32
May 20224109.378.43$34
Apr 20224104.226.84$27
Mar 20224108.885.08$20
Feb 2022391.054.86$15
Jan 2022281.844.54$9
Dec 2021571.323.90$20
Nov 2021677.435.24$31
Oct 2021179.795.71$6
Sep 2021069.865.35$0
Aug 2021166.024.22$4
Jul 2021270.783.98$8
Jun 2021669.493.38$20
May 2021163.483.02$3
Apr 2021060.362.76$0
Mar 20212661.302.72$71
Feb 20212757.805.55$150
Jan 20212750.412.81$76
Dec 20203044.642.68$80
Nov 20202038.772.71$54
Oct 20201136.972.48$27
Sep 20204137.091.99$82
Aug 20201739.982.39$41
Jul 2020038.371.83$0
Jun 2020134.901.69$2
May 20202516.921.81$45
Apr 2020014.751.80$0
Mar 20202130.341.86$39
Feb 20203049.881.98$59
Jan 20202057.252.09$42
Dec 20192459.012.30$55
Nov 20192455.302.75$66
Oct 20192253.472.42$53
Sep 2019955.052.66$24
Aug 20191553.112.30$35
Jul 2019056.272.46$0
Jun 2019352.782.49$7
May 20191858.482.74$49
Apr 2019062.632.75$0
Mar 20193556.803.06$107
Feb 20194150.852.79$114
Jan 20192346.033.23$74
Dec 20183846.594.19$159
Nov 20182252.934.24$93
Oct 20183661.443.40$122
Sep 20183359.543.11$103
Aug 20184659.403.07$141
Jul 20183465.142.93$100
Jun 20183460.183.08$105
May 20182865.382.90$81
Apr 20182863.842.90$81
Mar 20182561.222.79$70
Feb 20183961.782.77$108
Jan 20185162.874.01$204
Dec 20175557.272.92$161
Nov 20174655.423.12$143
Oct 20174549.292.98$134
Sep 20175047.523.09$154
Aug 20173845.373.00$114
Jul 20176343.873.09$195
Jun 20175342.493.09$164
May 20172845.373.26$91
Apr 20175947.933.21$189
Mar 20174346.772.98$128
Feb 20174850.452.95$142
Jan 20173449.413.42$116
Dec 20164748.763.72$175
Nov 20165342.492.64$140
Oct 20169546.193.09$294
Sep 20167241.553.10$223
Aug 20164941.442.92$143
Jul 20164041.622.92$117
Jun 20164845.352.69$129
May 20164142.521.99$82
Apr 20165736.561.99$113
Mar 20163933.011.79$70
Feb 20163126.472.06$64
Jan 20165427.352.36$128
Dec 20154232.362.00$84
Nov 20152338.792.17$50
Oct 20152943.552.43$70
Sep 20151242.992.76$33
Aug 20153040.162.87$86
Jul 20153448.152.95$100
Jun 20154856.152.88$138
May 20152855.212.96$83
Apr 20153149.822.71$84
Mar 20152142.892.93$62
Feb 20153044.662.98$89
Jan 20151543.433.10$47
Dec 20142254.693.59$79
Nov 20141470.464.25$60
Oct 20141778.303.90$66
Sep 20142286.164.05$89
Aug 20142289.394.04$89
Jul 20144396.564.18$180
Jun 20145798.164.74$270
May 20145694.734.73$265
Apr 20147095.944.81$337
Mar 20145095.895.06$253
Feb 20144897.406.19$297
Jan 20146490.404.86$311
Dec 20135491.824.35$235
Nov 20132388.853.74$86
Oct 20132997.423.78$110
Sep 201326104.113.72$97
Aug 201318104.253.52$63
Jul 201311102.523.72$41
Jun 20131994.403.93$75
May 20131194.834.15$46
Apr 20131593.964.28$64
Mar 20131293.623.91$47
Feb 20131791.233.42$58
Jan 20131591.603.42$51
Dec 2012886.773.42$27
Nov 20122286.953.62$80
Oct 2012889.383.40$27
Sep 2012494.672.92$12
Aug 20121492.662.91$41
Jul 20121585.133.02$45
Jun 20123179.822.52$78
May 20123591.612.49$87
Apr 201228101.652.00$56
Mar 201237105.052.22$82
Feb 201246101.102.57$118
Jan 20123598.092.73$96
Dec 20115196.873.24$165
Nov 20115795.723.31$189
Oct 20115284.983.65$190
Sep 20114383.623.99$171
Aug 20114583.404.15$187
Jul 20115794.144.52$257
Jun 20115392.904.64$246
May 20116198.134.40$269
Apr 201170105.964.33$303
Mar 20117596.364.06$304
Feb 20116385.644.18$263
Jan 2011386.504.59$14
Dec 2010385.734.35$13
Nov 2010580.843.80$19
Oct 2010378.103.51$11
Sep 2010472.633.98$16
Aug 2010873.684.42$35
Jul 2010972.554.74$43
Jun 2010470.364.91$20
May 2010571.124.24$21
Apr 2010481.694.12$16
Mar 2010278.394.39$9
Feb 2010773.585.44$38
Jan 20102974.365.96$173
Dec 20097271.445.48$395
Nov 20096274.593.75$233
Oct 20094372.544.11$177
Sep 20091865.543.06$55
Aug 20094067.423.22$129
Jul 20095661.133.46$194
Jun 20095066.163.90$195
May 20092554.743.93$98
Apr 20093346.773.59$118
Mar 20091542.144.06$61
Feb 20092132.814.63$97
Jan 20093035.865.37$161
Dec 20081637.105.98$96
Nov 20084955.496.86$336
Oct 20081975.246.92$132
Sep 200813101.767.88$102
Aug 200840114.228.48$339
Jul 200857131.0811.39$649
Jun 200850131.3313.03$652
May 200850123.1711.57$579
Apr 200854110.3110.45$565
Mar 200843101.909.66$416
Feb 20084692.538.77$403
Jan 20085290.388.21$427
Dec 20074988.337.30$358
Nov 20075391.677.29$386
Oct 20075982.856.92$408
Sep 20075575.846.24$343
Aug 20076269.066.39$396
Jul 20075670.906.39$358
Jun 20075962.007.55$445
May 20074558.747.85$353
Apr 20074559.617.81$351
Mar 20076156.927.30$445
Feb 20073755.108.22$304
Jan 20074950.306.73$330
Dec 20063556.656.92$242
Nov 20064054.207.62$305
Oct 20063954.906.01$235
Sep 20062960.085.04$146
Aug 2006668.717.34$44
Jul 2006769.376.34$44
Jun 2006366.286.38$19
May 2006266.016.42$13
Apr 2006264.397.36$15
Mar 2006356.707.08$21
Feb 20061057.597.75$78
Jan 20061760.598.93$152
Dec 20051054.9413.42$134
Nov 20051654.6910.59$169
Oct 20051258.3413.80$166
Sep 2005361.4512.08$36
Aug 2005661.519.80$59
Jul 2005255.697.84$16
Jun 2005252.337.38$15
May 2005245.226.65$13
Apr 2005449.207.36$29
Mar 2005950.377.15$64
Feb 20051545.226.31$95
Jan 20051043.166.32$63
Dec 2004939.866.75$61
Nov 2004545.286.33$32
Oct 2004449.706.52$26
Sep 2004343.245.28$16
Aug 2004342.375.55$17
Jul 2004338.286.08$18
Jun 2004336.106.43$19
May 2004337.486.49$19
Apr 2004434.475.86$23
Mar 2004334.365.53$17
Feb 2004732.455.51$39
Jan 2004432.036.30$25
Dec 2003430.266.30$25
Nov 2003428.804.60$18
Oct 2003428.174.76$19
Sep 2003526.314.75$24
Aug 20031229.765.13$62
Jul 20031529.415.17$78
Jun 2003528.565.98$30
May 2003526.595.97$30
Apr 20031426.675.41$76
Mar 20032231.146.10$134
Feb 2003833.487.93$63
Jan 20031130.315.58$61
Dec 20022126.914.85$102
Nov 20022924.664.14$120
Oct 20023326.464.23$140
Sep 20022327.443.64$84
Aug 20022225.963.16$70
Jul 20021724.583.06$52
Jun 20021823.733.34$60
May 20021824.663.58$65
Apr 20021923.653.51$67
Mar 20022222.003.10$68
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 200122316.932.36$527
Nov 200123218.072.41$558
Oct 200130219.782.53$764
Sep 200127324.262.25$615
Aug 200128424.873.05$867
Jul 200130723.933.20$982
Jun 200127424.563.82$1,048
May 200126625.524.31$1,146
Apr 200123024.685.34$1,227
Mar 200125324.545.38$1,360
Feb 200117327.755.77$998
Jan 200124727.478.40$2,074
Dec 200027426.889.12$2,500
Nov 200025732.215.66$1,454
Oct 200034531.235.15$1,775
Sep 200031731.875.19$1,644
Aug 200032429.644.54$1,471
Jul 200032328.534.09$1,321
Jun 200029629.304.40$1,302
May 200029427.263.68$1,082
Apr 200028724.513.12$894
Mar 200030628.422.86$875
Feb 200028227.622.73$769
Jan 200030725.272.48$762
Dec 199931124.282.42$754
Nov 199928423.192.43$691
Oct 199933120.982.80$928
Sep 199933621.752.62$880
Aug 199936819.262.88$1,058
Jul 199933417.892.37$792
Jun 199931415.942.36$742
May 199932915.792.32$764
Apr 199932315.102.21$713
Mar 199931212.471.84$574
Feb 19992599.981.82$471
Jan 199935410.381.90$673
Dec 19983559.201.77$630
Nov 199834810.892.19$761
Oct 199838812.421.97$764
Sep 199837212.592.08$775
Aug 199838811.301.91$740
Jul 199839111.742.24$875
Jun 199837511.242.24$839
May 199837512.622.21$827
Apr 199834813.042.51$872
Mar 199834912.802.31$806
Feb 199832613.952.30$750
Jan 199839814.702.15$858
Dec 199739916.322.41$962
Nov 199737018.193.09$1,143
Oct 199738519.253.15$1,213
Sep 199739917.742.95$1,179
Aug 199737017.862.55$945
Jul 199742217.582.25$948
Jun 199739017.242.26$880
May 199731818.972.31$734
Apr 199732017.882.08$666
Mar 199735618.951.94$690
Feb 199734320.492.21$757
Jan 199736123.483.54$1,278
Dec 199644023.32$0
Nov 199642921.97$0
Oct 199645023.31$0
Sep 199633022.22$0
Aug 199647920.26$0
Jul 199648219.55$0
Jun 199653018.73$0
May 199656419.43$0
Apr 199653321.51$0
Mar 199658319.38$0
Feb 199653716.98$0
Jan 199659317.07$0
Dec 199546317.19$0
Nov 199547316.00$0
Oct 199542215.43$0
Sep 199525516.18$0
Aug 199542815.92$0
Jul 19956115.24$0
Jun 19951716.41$0
May 199547317.56$0
Apr 199549517.73$0
Mar 199545216.44$0
Feb 199543716.58$0
Jan 199552215.92$0
Dec 199457315.03$0
Nov 199423415.90$0
Oct 199415615.58$0
Sep 199445215.29$0
Aug 199453516.13$0
Jul 199435517.56$0
Jun 199434817.09$0
May 199450615.88$0
Apr 199464814.14$0
Mar 199455812.46$0
Feb 199449412.50$0
Jan 199453912.66$0
Dec 199358312.33$0
Nov 199358714.49$0
Oct 199347215.85$0
Sep 199353615.03$0
Aug 199336915.66$0
Jul 199357615.46$0
Jun 199356516.79$0
May 199338817.68$0
Apr 199351418.05$0
Mar 199358718.14$0
Feb 199353217.90$0
Jan 199354016.93$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
Gas                    2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/90721 is the state's own key, not one this site invented.