UNIVERSITY 31-34

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 98569District 7CField 92626500NGPA filingGasSaveExport
Value, all time
$467 k
Jan 1993 – May 2026
Value, last 12 filed months
$2 k
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
GasProduction156,472 Mcf$467,373
Total$467,373

26,718 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 30.7243, -101.3758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72426, -101.37583 · 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
880 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 880 ft.

Completions filed
Apr 1982
1 of 1 wells

1 well

42-105339364880 ftApr 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 202624106.413.05$73
Apr 2026198.932.87$3
Mar 20261189.753.15$35
Feb 20262463.503.75$90
Jan 20263659.138.00$288
Dec 20252956.664.41$128
Nov 20252558.593.93$98
Oct 20255959.383.30$195
Sep 20255462.743.08$166
Aug 20255563.933.01$166
Jul 20256566.743.32$215
Jun 20255566.483.13$172
May 20257360.553.23$236
Apr 20256862.363.54$241
Mar 20256867.704.27$290
Feb 20256770.884.34$291
Jan 20255574.324.28$235
Dec 20246368.993.12$197
Nov 20246369.052.20$139
Oct 20246171.372.28$139
Sep 20249369.612.36$220
Aug 20247575.632.06$155
Jul 20247079.932.15$150
Jun 20248478.082.63$221
May 20248478.812.20$185
Apr 20247484.451.66$123
Mar 20245980.301.55$91
Feb 20245976.091.78$105
Jan 20246873.023.30$224
Dec 20237671.262.61$198
Nov 20236477.892.81$180
Oct 20238185.443.09$250
Sep 20236389.042.74$172
Aug 20236080.522.67$160
Jul 202310274.852.64$269
Jun 20238668.962.26$194
May 20239970.622.23$221
Apr 20237778.122.24$172
Mar 20237472.852.39$177
Feb 20238175.112.47$200
Jan 202310276.533.39$346
Dec 20227576.415.73$430
Nov 202214085.005.65$790
Oct 202212087.185.86$704
Sep 202214184.888.16$1,151
Aug 202214794.529.13$1,342
Jul 2022158101.587.54$1,192
Jun 2022190115.097.98$1,516
May 2022166109.378.43$1,400
Apr 2022210104.226.84$1,436
Mar 2022194108.885.08$985
Feb 202222291.054.86$1,079
Jan 202217481.844.54$790
Dec 202121571.323.90$838
Nov 202114777.435.24$770
Oct 2021479.795.71$23
Sep 2021469.865.35$21
Aug 20213666.024.22$152
Jul 202135170.783.98$1,398
Jun 202128869.493.38$974
May 202133463.483.02$1,008
Apr 202145860.362.76$1,263
Mar 202134461.302.72$935
Feb 202123257.805.55$1,287
Jan 202130950.412.81$868
Dec 202042044.642.68$1,124
Nov 202034138.772.71$923
Oct 202031636.972.48$783
Sep 202048537.091.99$966
Aug 202052139.982.39$1,243
Jul 202033838.371.83$617
Jun 202023034.901.69$389
May 202045216.921.81$820
Apr 202015814.751.80$285
Mar 202058630.341.86$1,088
Feb 202043049.881.98$852
Jan 202068257.252.09$1,429
Dec 201931059.012.30$714
Nov 201955255.302.75$1,518
Oct 201953553.472.42$1,294
Sep 201935755.052.66$949
Aug 201921453.112.30$493
Jul 201917456.272.46$428
Jun 201923352.782.49$580
May 201940558.482.74$1,110
Apr 2019062.632.75$0
Mar 201941056.803.06$1,255
Feb 201918250.852.79$508
Jan 201966246.033.23$2,137
Dec 201867246.594.19$2,813
Nov 201874452.934.24$3,153
Oct 201870261.443.40$2,385
Sep 201863659.543.11$1,977
Aug 201856959.403.07$1,745
Jul 201867965.142.93$1,991
Jun 201887160.183.08$2,680
May 201837965.382.90$1,099
Apr 201869363.842.90$2,010
Mar 201838661.222.79$1,076
Feb 201862561.782.77$1,729
Jan 201872362.874.01$2,899
Dec 201797657.272.92$2,851
Nov 201795755.423.12$2,984
Oct 201771849.292.98$2,142
Sep 201796447.523.09$2,976
Aug 201779345.373.00$2,382
Jul 201796543.873.09$2,979
Jun 201777242.493.09$2,383
May 201785345.373.26$2,784
Apr 20171,05347.933.21$3,382
Mar 201782246.772.98$2,453
Feb 201758050.452.95$1,713
Jan 201756249.413.42$1,921
Dec 201680848.763.72$3,008
Nov 201683042.492.64$2,195
Oct 201679846.193.09$2,466
Sep 201668341.553.10$2,118
Aug 201680141.442.92$2,342
Jul 201691141.622.92$2,664
Jun 201687945.352.69$2,361
May 20161,02442.521.99$2,039
Apr 20161,06236.561.99$2,114
Mar 20161,06533.011.79$1,911
Feb 201669226.472.06$1,428
Jan 201688027.352.36$2,081
Dec 20151,13932.362.00$2,280
Nov 20151,05338.792.17$2,282
Oct 20151,04943.552.43$2,545
Sep 201595242.992.76$2,626
Aug 201585440.162.87$2,453
Jul 201590048.152.95$2,651
Jun 201584956.152.88$2,448
May 201589855.212.96$2,654
Apr 201591649.822.71$2,479
Mar 201594142.892.93$2,762
Feb 20151,04244.662.98$3,101
Jan 20151,08143.433.10$3,352
Dec 201489654.693.59$3,218
Nov 20141,04770.464.25$4,452
Oct 201491078.303.90$3,550
Sep 201467686.164.05$2,735
Aug 201499489.394.04$4,011
Jul 201491796.564.18$3,833
Jun 201499498.164.74$4,708
May 201485194.734.73$4,022
Apr 201479095.944.81$3,799
Mar 201473295.895.06$3,702
Feb 201470397.406.19$4,353
Jan 201476990.404.86$3,738
Dec 201378691.824.35$3,423
Nov 201379888.853.74$2,983
Oct 201359897.423.78$2,260
Sep 2013594104.113.72$2,208
Aug 2013748104.253.52$2,635
Jul 2013561102.523.72$2,086
Jun 201349394.403.93$1,939
May 201357294.834.15$2,373
Apr 201344293.964.28$1,893
Mar 201346993.623.91$1,835
Feb 201330991.233.42$1,057
Jan 201320991.603.42$715
Dec 201214186.773.42$482
Nov 201225586.953.62$924
Oct 20129389.383.40$316
Sep 20125694.672.92$163
Aug 20127392.662.91$212
Jul 20125585.133.02$166
Jun 20124779.822.52$118
May 2012591.612.49$12
Apr 20122101.652.00$4
Mar 20121105.052.22$2
Feb 20122101.102.57$5
Jan 2012298.092.73$5
Dec 201113296.873.24$428
Nov 201112895.723.31$424
Oct 201111884.983.65$431
Sep 201112883.623.99$510
Aug 201111683.404.15$481
Jul 201111794.144.52$529
Jun 201113592.904.64$626
May 201111598.134.40$507
Apr 2011132105.964.33$572
Mar 201112196.364.06$491
Feb 201111285.644.18$468
Jan 201112286.504.59$560
Dec 201011985.734.35$517
Nov 201010680.843.80$402
Oct 201011278.103.51$393
Sep 201011372.633.98$450
Aug 201010173.684.42$446
Jul 20107472.554.74$351
Jun 201010970.364.91$535
May 201012171.124.24$512
Apr 201011481.694.12$470
Mar 201011078.394.39$483
Feb 20107173.585.44$386
Jan 201010574.365.96$626
Dec 200910171.445.48$554
Nov 200910474.593.75$390
Oct 200912372.544.11$506
Sep 20099365.543.06$285
Aug 20098767.423.22$280
Jul 20099161.133.46$315
Jun 200911866.163.90$460
May 200910554.743.93$412
Apr 20098646.773.59$309
Mar 20099442.144.06$382
Feb 200912232.814.63$565
Jan 20098935.865.37$478
Dec 20089637.105.98$574
Nov 200810555.496.86$720
Oct 20088875.246.92$609
Sep 200891101.767.88$717
Aug 200857114.228.48$484
Jul 200888131.0811.39$1,002
Jun 200885131.3313.03$1,108
May 2008110123.1711.57$1,273
Apr 200876110.3110.45$795
Mar 200894101.909.66$908
Feb 20088692.538.77$754
Jan 200810890.388.21$886
Dec 200710088.337.30$730
Nov 20076891.677.29$496
Oct 20077982.856.92$547
Sep 20079875.846.24$612
Aug 20079369.066.39$594
Jul 2007070.906.39$0
Jun 20074662.007.55$347
May 20078658.747.85$675
Apr 20077159.617.81$554
Mar 20077656.927.30$555
Feb 20076555.108.22$534
Jan 20078350.306.73$558
Dec 20066556.656.92$450
Nov 20067454.207.62$564
Oct 20067454.906.01$445
Sep 20069060.085.04$453
Aug 20068568.717.34$624
Jul 20066769.376.34$425
Jun 20066366.286.38$402
May 20067766.016.42$495
Apr 20065264.397.36$383
Mar 20068756.707.08$616
Feb 20066757.597.75$519
Jan 20065360.598.93$473
Dec 20056054.9413.42$805
Nov 20058054.6910.59$847
Oct 200517858.3413.80$2,456
Sep 20056761.4512.08$809
Aug 20054661.519.80$451
Jul 20054555.697.84$353
Jun 20056052.337.38$443
May 20055845.226.65$386
Apr 20055449.207.36$397
Mar 20053850.377.15$272
Feb 20055545.226.31$347
Jan 200528943.166.32$1,827
Dec 200428239.866.75$1,904
Nov 200430145.286.33$1,905
Oct 200434849.706.52$2,267
Sep 200437843.245.28$1,997
Aug 200439442.375.55$2,187
Jul 200439738.286.08$2,415
Jun 200445136.106.43$2,901
May 200447337.486.49$3,072
Apr 200448234.475.86$2,824
Mar 200448934.365.53$2,704
Feb 200443832.455.51$2,413
Jan 200447032.036.30$2,961
Dec 200347930.266.30$3,018
Nov 200344728.804.60$2,054
Oct 200347828.174.76$2,275
Sep 200347226.314.75$2,242
Aug 200347129.765.13$2,416
Jul 200343329.415.17$2,239
Jun 200342528.565.98$2,543
May 200351426.595.97$3,070
Apr 200349626.675.41$2,682
Mar 200350931.146.10$3,103
Feb 200342433.487.93$3,361
Jan 200348830.315.58$2,724
Dec 200245326.914.85$2,199
Nov 200243224.664.14$1,787
Oct 200249626.464.23$2,098
Sep 200249227.443.64$1,789
Aug 200252225.963.16$1,652
Jul 200250824.583.06$1,555
Jun 200248523.733.34$1,619
May 200251624.663.58$1,849
Apr 200250523.653.51$1,774
Mar 200249822.003.10$1,545
Feb 200242518.222.38$1,010
Jan 200248217.172.38$1,145
Dec 200151716.932.36$1,222
Nov 200160218.072.41$1,448
Oct 200163119.782.53$1,596
Sep 200143324.262.25$975
Aug 200145624.873.05$1,392
Jul 200152423.933.20$1,675
Jun 200153224.563.82$2,034
May 200152325.524.31$2,253
Apr 200142024.685.34$2,241
Mar 200149024.545.38$2,634
Feb 200144327.755.77$2,555
Jan 200150527.478.40$4,241
Dec 200048126.889.12$4,388
Nov 200049532.215.66$2,801
Oct 200053831.235.15$2,768
Sep 200057831.875.19$2,998
Aug 200058929.644.54$2,675
Jul 200055728.534.09$2,278
Jun 200054929.304.40$2,414
May 200048127.263.68$1,770
Apr 200046324.513.12$1,443
Mar 200049628.422.86$1,418
Feb 200047527.622.73$1,295
Jan 200046225.272.48$1,146
Dec 199950624.282.42$1,226
Nov 199951823.192.43$1,261
Oct 199954820.982.80$1,536
Sep 199952821.752.62$1,383
Aug 199961119.262.88$1,757
Jul 199957317.892.37$1,359
Jun 199952315.942.36$1,235
May 199953215.792.32$1,235
Apr 199949915.102.21$1,102
Mar 199944312.471.84$814
Feb 19994689.981.82$851
Jan 199953410.381.90$1,015
Dec 19985159.201.77$913
Nov 199850410.892.19$1,102
Oct 199858712.421.97$1,156
Sep 199855512.592.08$1,156
Aug 199855911.301.91$1,066
Jul 199857911.742.24$1,295
Jun 199853211.242.24$1,190
May 199856612.622.21$1,249
Apr 199851413.042.51$1,288
Mar 199853612.802.31$1,238
Feb 199852513.952.30$1,207
Jan 199861814.702.15$1,332
Dec 199764416.322.41$1,553
Nov 199758218.193.09$1,797
Oct 199760219.253.15$1,896
Sep 199759517.742.95$1,758
Aug 199762517.862.55$1,597
Jul 199764517.582.25$1,449
Jun 199760217.242.26$1,359
May 199761918.972.31$1,429
Apr 199757617.882.08$1,200
Mar 199762718.951.94$1,216
Feb 199729220.492.21$644
Jan 199747223.483.54$1,671
Dec 199657623.32$0
Nov 199660221.97$0
Oct 199664123.31$0
Sep 199667922.22$0
Aug 199674220.26$0
Jul 199677819.55$0
Jun 199675918.73$0
May 199672619.43$0
Apr 199643421.51$0
Mar 199640819.38$0
Feb 199643516.98$0
Jan 199668717.07$0
Dec 199583117.19$0
Nov 199578916.00$0
Oct 199544515.43$0
Sep 199540116.18$0
Aug 199553415.92$0
Jul 19956115.24$0
Jun 19952916.41$0
May 199572817.56$0
Apr 199575217.73$0
Mar 199574016.44$0
Feb 199576116.58$0
Jan 19954715.92$0
Dec 199445615.03$0
Nov 199426715.90$0
Oct 19947415.58$0
Sep 199465715.29$0
Aug 199461916.13$0
Jul 199415617.56$0
Jun 199464917.09$0
May 199473415.88$0
Apr 199455614.14$0
Mar 199459412.46$0
Feb 199459312.50$0
Jan 199460912.66$0
Dec 199379212.33$0
Nov 199318114.49$0
Oct 199331315.85$0
Sep 199369215.03$0
Aug 199363015.66$0
Jul 199382415.46$0
Jun 199376016.79$0
May 199377117.68$0
Apr 199356118.05$0
Mar 199354718.14$0
Feb 199356417.90$0
Jan 199353416.93$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                   24 Mcf  × $  3.05 =        $73

────────────────────────────────────────────────────
Month total                                      $73

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/98569 is the state's own key, not one this site invented.