UNIVERSITY 31-15

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 98475District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$48 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
CondensateDisposition1,213 bbl$85,600
GasProduction536,244 Mcf$1,802,361
Total$1,887,961

127,206 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 30.7240, -101.4282. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72402, -101.42815 · 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
8,774 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 8,774 ft.

Completions filed
Feb 1982
1 of 1 wells

1 well

42-1053383718,774 ftFeb 1982

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 20265907106.413.05$3,295
Apr 202601898.932.87$52
Mar 2026951089.753.15$2,414
Feb 2026181,05563.503.75$5,100
Jan 202641,13859.138.00$9,338
Dec 20251394356.664.41$4,898
Nov 202591,05258.593.93$4,658
Oct 20251363559.383.30$2,871
Sep 2025897862.743.08$3,511
Aug 2025892463.933.01$3,297
Jul 2025221,10066.743.32$5,115
Jun 2025791066.483.13$3,313
May 20252262060.553.23$3,336
Apr 20251579462.363.54$3,749
Mar 20253084767.704.27$5,646
Feb 20251567970.884.34$4,011
Jan 20253770174.324.28$5,749
Dec 20242559868.993.12$3,591
Nov 20241759869.052.20$2,489
Oct 20242546071.372.28$2,834
Sep 20241782369.612.36$3,129
Aug 20241651675.632.06$2,275
Jul 20241653179.932.15$2,419
Jun 20242567378.082.63$3,725
May 20241767378.812.20$2,819
Apr 20242554684.451.66$3,017
Mar 2024341,07480.301.55$4,390
Feb 2024261,07476.091.78$3,894
Jan 20243478973.023.30$5,085
Dec 2023891071.262.61$2,946
Nov 202381,06977.892.81$3,624
Oct 2023494685.443.09$3,262
Sep 202361,00189.042.74$3,272
Aug 202341,03580.522.67$3,089
Jul 202341,18874.852.64$3,438
Jun 2023472368.962.26$1,909
May 20232585670.622.23$3,672
Apr 20235073078.122.24$5,540
Mar 20233766172.852.39$4,277
Feb 20233875275.112.47$4,708
Jan 2023511,10776.533.39$7,653
Dec 20223782076.415.73$7,525
Nov 20222573185.005.65$6,252
Oct 20223764587.185.86$7,008
Sep 20222569584.888.16$7,796
Aug 20223686894.529.13$11,325
Jul 2022231,136101.587.54$10,904
Jun 2022351,060115.097.98$12,484
May 20222929109.378.43$8,053
Apr 202231,157104.226.84$8,224
Mar 202231,029108.885.08$5,550
Feb 2022496391.054.86$5,043
Jan 2022385881.844.54$4,139
Dec 202121,13871.323.90$4,580
Nov 2021475177.435.24$4,243
Oct 2021270479.795.71$4,182
Sep 2021269269.865.35$3,843
Aug 2021287966.024.22$3,842
Jul 202131,08570.783.98$4,533
Jun 202121,23869.493.38$4,324
May 202121,22263.483.02$3,815
Apr 2021595160.362.76$2,925
Mar 2021298861.302.72$2,807
Feb 2021166357.805.55$3,736
Jan 2021285550.412.81$2,504
Dec 2020286044.642.68$2,390
Nov 2020369538.772.71$1,997
Oct 2020152036.972.48$1,326
Sep 2020288037.091.99$1,826
Aug 2020291139.982.39$2,253
Jul 2020147838.371.83$911
Jun 2020169234.901.69$1,205
May 2020193416.921.81$1,712
Apr 2020111614.751.80$224
Mar 2020480330.341.86$1,612
Feb 2020370149.881.98$1,538
Jan 2020465457.252.09$1,599
Dec 2019481459.012.30$2,112
Nov 2019560855.302.75$1,949
Oct 201931,15453.472.42$2,951
Sep 2019165655.052.66$1,798
Aug 2019240753.112.30$1,044
Jul 2019023456.272.46$576
Jun 201904152.782.49$102
May 2019032858.482.74$899
Apr 2019131862.632.75$937
Mar 2019291156.803.06$2,903
Feb 2019172050.852.79$2,061
Jan 2019177746.033.23$2,554
Dec 2018152346.594.19$2,236
Nov 2018160452.934.24$2,612
Oct 2018151661.443.40$1,815
Sep 2018157359.543.11$1,840
Aug 2018186759.403.07$2,718
Jul 2018190565.142.93$2,718
Jun 201811,11160.183.08$3,479
May 201811,20065.382.90$3,546
Apr 2018185863.842.90$2,553
Mar 2018179561.222.79$2,277
Feb 2018126661.782.77$798
Jan 2018171262.874.01$2,918
Dec 2017152357.272.92$1,585
Nov 2017156655.423.12$1,820
Oct 2017189449.292.98$2,717
Sep 2017159147.523.09$1,872
Aug 2017147445.373.00$1,469
Jul 2017089143.873.09$2,751
Jun 2017181342.493.09$2,552
May 2017186845.373.26$2,878
Apr 2017148047.933.21$1,590
Mar 2017157846.772.98$1,771
Feb 2017146950.452.95$1,435
Jan 2017177349.413.42$2,692
Dec 201611,02648.763.72$3,868
Nov 2016166142.492.64$1,790
Oct 2016190146.193.09$2,831
Sep 2016173641.553.10$2,324
Aug 2016150941.442.92$1,530
Jul 2016278941.622.92$2,391
Jun 2016277145.352.69$2,161
May 2016287942.521.99$1,835
Apr 2016226836.561.99$607
Mar 2016244533.011.79$864
Feb 2016348526.472.06$1,080
Jan 2016330927.352.36$813
Dec 2015928132.362.00$854
Nov 2015742238.792.17$1,186
Oct 201578043.552.43$499
Sep 2015852542.992.76$1,792
Aug 2015478140.162.87$2,404
Jul 2015367248.152.95$2,124
Jun 2015042856.152.88$1,234
May 2015062855.212.96$1,856
Apr 2015057549.822.71$1,556
Mar 2015045042.892.93$1,321
Feb 2015078444.662.98$2,333
Jan 2015058743.433.10$1,820
Dec 2014059754.693.59$2,144
Nov 2014052570.464.25$2,232
Oct 2014071278.303.90$2,777
Sep 201401,05486.164.05$4,264
Aug 2014084989.394.04$3,426
Jul 2014097096.564.18$4,054
Jun 201401,21398.164.74$5,746
May 2014095594.734.73$4,514
Apr 2014099895.944.81$4,800
Mar 2014090695.895.06$4,581
Feb 2014066297.406.19$4,099
Jan 2014098690.404.86$4,793
Dec 201301,05791.824.35$4,603
Nov 2013076788.853.74$2,867
Oct 201301,02397.423.78$3,866
Sep 20130946104.113.72$3,517
Aug 20130735104.253.52$2,589
Jul 20130988102.523.72$3,673
Jun 2013067294.403.93$2,643
May 2013077494.834.15$3,211
Apr 2013078293.964.28$3,349
Mar 2013067393.623.91$2,633
Feb 2013062591.233.42$2,137
Jan 2013078591.603.42$2,685
Dec 2012079586.773.42$2,719
Nov 2012087086.953.62$3,154
Oct 2012076489.383.40$2,597
Sep 2012055394.672.92$1,614
Aug 2012070092.662.91$2,036
Jul 2012072485.133.02$2,187
Jun 2012069879.822.52$1,758
May 2012071591.612.49$1,779
Apr 20120687101.652.00$1,372
Mar 20120837105.052.22$1,860
Feb 20120695101.102.57$1,786
Jan 2012058798.092.73$1,605
Dec 2011071496.873.24$2,313
Nov 2011064095.723.31$2,119
Oct 2011086684.983.65$3,160
Sep 2011092683.623.99$3,691
Aug 2011078983.404.15$3,274
Jul 2011086294.144.52$3,894
Jun 2011082392.904.64$3,819
May 2011067998.134.40$2,991
Apr 20110755105.964.33$3,272
Mar 2011084996.364.06$3,445
Feb 2011066085.644.18$2,759
Jan 2011069986.504.59$3,208
Dec 2010075685.734.35$3,287
Nov 2010069880.843.80$2,649
Oct 2010060778.103.51$2,130
Sep 2010064672.633.98$2,571
Aug 2010081073.684.42$3,580
Jul 2010066272.554.74$3,136
Jun 2010072270.364.91$3,545
May 2010088771.124.24$3,757
Apr 2010080481.694.12$3,315
Mar 2010074278.394.39$3,256
Feb 2010059973.585.44$3,260
Jan 2010068974.365.96$4,109
Dec 2009073571.445.48$4,031
Nov 2009071074.593.75$2,664
Oct 2009071072.544.11$2,918
Sep 2009093865.543.06$2,875
Aug 2009092467.423.22$2,974
Jul 2009082461.133.46$2,855
Jun 200901,08566.163.90$4,226
May 2009096654.743.93$3,792
Apr 200901,01046.773.59$3,623
Mar 2009089042.144.06$3,613
Feb 2009088432.814.63$4,096
Jan 2009095635.865.37$5,135
Dec 200801,08637.105.98$6,491
Nov 2008079955.496.86$5,481
Oct 200801,32875.246.92$9,192
Sep 20080695101.767.88$5,475
Aug 20080902114.228.48$7,652
Jul 200801,085131.0811.39$12,358
Jun 200801,058131.3313.03$13,789
May 200801,057123.1711.57$12,234
Apr 200801,052110.3110.45$10,999
Mar 20080967101.909.66$9,345
Feb 200801,07192.538.77$9,393
Jan 200801,01290.388.21$8,304
Dec 200701,25888.337.30$9,186
Nov 200701,00691.677.29$7,335
Oct 200701,22982.856.92$8,507
Sep 200701,18575.846.24$7,399
Aug 200701,36569.066.39$8,720
Jul 200701,04970.906.39$6,701
Jun 2007013,65962.007.55$103,104
May 200701,21658.747.85$9,541
Apr 200701,03859.617.81$8,102
Mar 200701,07456.927.30$7,842
Feb 200701,25755.108.22$10,328
Jan 200701,21450.306.73$8,166
Dec 200601,24956.656.92$8,641
Nov 200601,19554.207.62$9,103
Oct 200601,31854.906.01$7,926
Sep 200601,23260.085.04$6,206
Aug 200601,28968.717.34$9,461
Jul 200601,28969.376.34$8,176
Jun 200601,37366.286.38$8,765
May 200601,38066.016.42$8,867
Apr 200601,38564.397.36$10,194
Mar 200601,38556.707.08$9,810
Feb 200601,23057.597.75$9,534
Jan 200601,36060.598.93$12,149
Dec 200501,32254.9413.42$17,735
Nov 200501,34254.6910.59$14,210
Oct 200501,43558.3413.80$19,797
Sep 200501,22361.4512.08$14,773
Aug 200501,45161.519.80$14,215
Jul 200501,61355.697.84$12,652
Jun 200501,34252.337.38$9,905
May 200501,49145.226.65$9,917
Apr 200501,20049.207.36$8,833
Mar 200501,45550.377.15$10,410
Feb 200501,43145.226.31$9,032
Jan 200501,40843.166.32$8,902
Dec 200401,37539.866.75$9,283
Nov 200401,37045.286.33$8,673
Oct 2004111,45249.706.52$10,007
Sep 200401,46143.245.28$7,720
Aug 200401,55042.375.55$8,604
Jul 200401,56838.286.08$9,540
Jun 200401,56936.106.43$10,093
May 200401,53637.486.49$9,976
Apr 200401,51734.475.86$8,887
Mar 200401,48334.365.53$8,201
Feb 200401,52032.455.51$8,375
Jan 200401,65632.036.30$10,432
Dec 200301,66230.266.30$10,473
Nov 200301,58828.804.60$7,297
Oct 200301,61728.174.76$7,696
Sep 200301,59126.314.75$7,556
Aug 200301,48429.765.13$7,613
Jul 200301,43229.415.17$7,405
Jun 200301,44028.565.98$8,615
May 200301,39726.595.97$8,344
Apr 200301,32526.675.41$7,165
Mar 200301,30731.146.10$7,968
Feb 200301,53333.487.93$12,150
Jan 200301,70230.315.58$9,501
Dec 200201,70326.914.85$8,266
Nov 200201,65524.664.14$6,847
Oct 200201,80526.464.23$7,634
Sep 200201,78627.443.64$6,492
Aug 200201,76925.963.16$5,597
Jul 200201,88524.583.06$5,771
Jun 200201,88623.733.34$6,296
May 200201,73724.663.58$6,225
Apr 200201,91523.653.51$6,726
Mar 200201,93622.003.10$6,007
Feb 200201,74118.222.38$4,136
Jan 2002521,88817.172.38$5,378
Dec 200101,95616.932.36$4,625
Nov 200102,00318.072.41$4,818
Oct 200102,08719.782.53$5,278
Sep 200102,11224.262.25$4,755
Aug 200101,95524.873.05$5,969
Jul 200102,08123.933.20$6,653
Jun 200102,09324.563.82$8,004
May 200102,14525.524.31$9,239
Apr 200102,02624.685.34$10,809
Mar 200101,92124.545.38$10,328
Feb 200101,94727.755.77$11,229
Jan 200101,79227.478.40$15,051
Dec 200002,00826.889.12$18,318
Nov 200001,98732.215.66$11,242
Oct 200002,22531.235.15$11,449
Sep 200002,18131.875.19$11,312
Aug 200002,20029.644.54$9,990
Jul 200002,04128.534.09$8,347
Jun 200002,09529.304.40$9,212
May 200001,90027.263.68$6,992
Apr 200001,65524.513.12$5,157
Mar 200001,84528.422.86$5,276
Feb 200002,15627.622.73$5,878
Jan 200002,08025.272.48$5,159
Dec 199902,13524.282.42$5,175
Nov 199901,37223.192.43$3,339
Oct 199901,89020.982.80$5,299
Sep 199901,94221.752.62$5,086
Aug 199901,93819.262.88$5,573
Jul 199901,96417.892.37$4,659
Jun 199901,95115.942.36$4,608
May 199902,13315.792.32$4,951
Apr 199901,94315.102.21$4,290
Mar 199901,77912.471.84$3,270
Feb 199901,6149.981.82$2,934
Jan 199901,93810.381.90$3,682
Dec 199802,0209.201.77$3,582
Nov 199801,99310.892.19$4,356
Oct 199802,22412.421.97$4,380
Sep 199801,98512.592.08$4,134
Aug 199802,38611.301.91$4,551
Jul 199802,36111.742.24$5,282
Jun 199801,88111.242.24$4,208
May 199802,09012.622.21$4,611
Apr 199801,86013.042.51$4,660
Mar 199802,11912.802.31$4,894
Feb 199801,98213.952.30$4,557
Jan 199802,26714.702.15$4,885
Dec 1997101,91716.322.41$4,785
Nov 199701,51618.193.09$4,682
Oct 199702,41219.253.15$7,597
Sep 199702,24117.742.95$6,622
Aug 199701,87417.862.55$4,788
Jul 199702,16817.582.25$4,871
Jun 199702,30217.242.26$5,196
May 199702,36118.972.31$5,450
Apr 199702,23717.882.08$4,659
Mar 199702,46718.951.94$4,784
Feb 199702,09920.492.21$4,630
Jan 199701,63523.483.54$5,787
Dec 199601,63223.32$0
Nov 199602,18221.97$0
Oct 199602,41923.31$0
Sep 199602,45822.22$0
Aug 199602,45420.26$0
Jul 199602,40619.55$0
Jun 199602,52718.73$0
May 199602,86319.43$0
Apr 199602,58821.51$0
Mar 199602,63819.38$0
Feb 199602,55716.98$0
Jan 199603,02317.07$0
Dec 199503,02817.19$0
Nov 199502,46916.00$0
Oct 199502,42115.43$0
Sep 199502,47716.18$0
Aug 199502,91715.92$0
Jul 199502,82815.24$0
Jun 199501,92416.41$0
May 199502,86017.56$0
Apr 199502,66817.73$0
Mar 199502,59316.44$0
Feb 199502,40516.58$0
Jan 199503,11715.92$0
Dec 199403,39715.03$0
Nov 199402,78115.90$0
Oct 199403,46715.58$0
Sep 199402,60515.29$0
Aug 199403,02916.13$0
Jul 199402,57617.56$0
Jun 199402,48317.09$0
May 199402,60915.88$0
Apr 199402,85714.14$0
Mar 199402,95512.46$0
Feb 199402,79712.50$0
Jan 199402,76812.66$0
Dec 199303,12912.33$0
Nov 199303,43514.49$0
Oct 199303,00115.85$0
Sep 1993072315.03$0
Aug 199302,78815.66$0
Jul 199302,59315.46$0
Jun 199302,63616.79$0
May 199302,73417.68$0
Apr 199302,66718.05$0
Mar 199302,33818.14$0
Feb 199302,61617.90$0
Jan 199302,76816.93$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             5 bbl  × $106.41 =       $532
Gas                  907 Mcf  × $  3.05 =     $2,763

────────────────────────────────────────────────────
Month total                                   $3,295

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/98475 is the state's own key, not one this site invented.