UNIVERSITY 23-31

Operated by EXTEX OPERATING COMPANY (P-5 257062) 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 98925District 7CField 92626600NGPA filingCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$11 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
CondensateDisposition287 bbl$8,056
GasProduction443,302 Mcf$1,460,283
Total$1,468,339

101,225 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 30.7478, -101.4054. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.74779, -101.40538 · 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
9,000 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 9,000 ft.

Completions filed
Apr 1982
1 of 1 wells

1 well

42-1053371519,000 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 202606106.413.05$18
Apr 20260498.932.87$11
Mar 20260089.753.15$0
Feb 2026028463.503.75$1,065
Jan 2026033159.138.00$2,647
Dec 2025071056.664.41$3,133
Nov 2025011658.593.93$455
Oct 202509359.383.30$307
Sep 202509262.743.08$283
Aug 2025031563.933.01$950
Jul 2025037866.743.32$1,253
Jun 2025037366.483.13$1,167
May 2025056560.553.23$1,826
Apr 2025038362.363.54$1,357
Mar 2025028967.704.27$1,234
Feb 2025043870.884.34$1,901
Jan 2025062774.324.28$2,683
Dec 2024076668.993.12$2,391
Nov 2024035469.052.20$778
Oct 2024023471.372.28$534
Sep 2024023269.612.36$549
Aug 2024010375.632.06$213
Jul 202406379.932.15$135
Jun 2024012778.082.63$335
May 2024016378.812.20$358
Apr 20240084.451.66$0
Mar 2024057780.301.55$892
Feb 20240076.091.78$0
Jan 2024034973.023.30$1,151
Dec 2023052171.262.61$1,360
Nov 2023048277.892.81$1,353
Oct 2023058685.443.09$1,809
Sep 2023071089.042.74$1,942
Aug 202307480.522.67$198
Jul 2023058774.852.64$1,551
Jun 2023051368.962.26$1,159
May 2023050470.622.23$1,123
Apr 2023052678.122.24$1,177
Mar 202321072.852.39$1,530
Feb 2023040175.112.47$989
Jan 2023032176.533.39$1,087
Dec 2022045576.415.73$2,607
Nov 2022054685.005.65$3,083
Oct 2022028287.185.86$1,654
Sep 2022038384.888.16$3,127
Aug 2022028494.529.13$2,592
Jul 20220517101.587.54$3,899
Jun 20220342115.097.98$2,728
May 20220433109.378.43$3,652
Apr 20220581104.226.84$3,973
Mar 20220469108.885.08$2,381
Feb 2022053391.054.86$2,590
Jan 2022066081.844.54$2,995
Dec 2021064471.323.90$2,511
Nov 2021064477.435.24$3,373
Oct 2021073479.795.71$4,194
Sep 2021076269.865.35$4,077
Aug 2021079566.024.22$3,355
Jul 20213967870.783.98$5,460
Jun 2021052769.493.38$1,782
May 2021062363.483.02$1,880
Apr 2021061960.362.76$1,707
Mar 202101,00561.302.72$2,731
Feb 2021070557.805.55$3,911
Jan 2021074550.412.81$2,094
Dec 2020074444.642.68$1,991
Nov 2020058838.772.71$1,591
Oct 2020076736.972.48$1,901
Sep 2020057637.091.99$1,147
Aug 2020068139.982.39$1,624
Jul 2020054138.371.83$987
Jun 2020045034.901.69$761
May 2020080516.921.81$1,461
Apr 202006014.751.80$108
Mar 2020028230.341.86$523
Feb 2020030849.881.98$610
Jan 2020035857.252.09$750
Dec 2019021459.012.30$493
Nov 2019035855.302.75$985
Oct 2019045653.472.42$1,103
Sep 2019039355.052.66$1,044
Aug 2019074053.112.30$1,705
Jul 2019036256.272.46$891
Jun 2019032752.782.49$815
May 2019019658.482.74$537
Apr 2019090962.632.75$2,500
Mar 2019099756.803.06$3,053
Feb 2019035450.852.79$988
Jan 2019069246.033.23$2,234
Dec 2018088346.594.19$3,696
Nov 2018095152.934.24$4,030
Oct 201801,48961.443.40$5,060
Sep 2018091659.543.11$2,847
Aug 201801,20459.403.07$3,692
Jul 201801,35565.142.93$3,973
Jun 201801,20960.183.08$3,720
May 2018026065.382.90$754
Apr 2018020463.842.90$592
Mar 2018026461.222.79$736
Feb 2018026161.782.77$722
Jan 2018030862.874.01$1,235
Dec 2017052157.272.92$1,522
Nov 2017028955.423.12$901
Oct 2017031949.292.98$952
Sep 2017030747.523.09$948
Aug 2017032545.373.00$976
Jul 2017029043.873.09$895
Jun 2017029942.493.09$923
May 2017035845.373.26$1,168
Apr 2017041647.933.21$1,336
Mar 2017043646.772.98$1,301
Feb 2017037550.452.95$1,107
Jan 2017045249.413.42$1,545
Dec 2016037948.763.72$1,411
Nov 2016045342.492.64$1,198
Oct 2016047246.193.09$1,459
Sep 2016040541.553.10$1,256
Aug 2016030741.442.92$898
Jul 2016036241.622.92$1,059
Jun 2016048245.352.69$1,295
May 2016049742.521.99$990
Apr 2016052836.561.99$1,051
Mar 2016054633.011.79$980
Feb 2016062526.472.06$1,290
Jan 2016078527.352.36$1,856
Dec 2015082932.362.00$1,659
Nov 2015054738.792.17$1,186
Oct 2015065443.552.43$1,587
Sep 2015044842.992.76$1,236
Aug 2015039940.162.87$1,146
Jul 2015058248.152.95$1,714
Jun 2015059356.152.88$1,710
May 2015076755.212.96$2,267
Apr 2015047549.822.71$1,286
Mar 2015030542.892.93$895
Feb 2015037944.662.98$1,128
Jan 2015056443.433.10$1,749
Dec 2014063654.693.59$2,284
Nov 2014046170.464.25$1,960
Oct 2014031778.303.90$1,237
Sep 2014035786.164.05$1,444
Aug 2014025989.394.04$1,045
Jul 2014050296.564.18$2,098
Jun 2014051798.164.74$2,449
May 2014048394.734.73$2,283
Apr 2014070695.944.81$3,395
Mar 2014086595.895.06$4,374
Feb 2014098097.406.19$6,068
Jan 2014072590.404.86$3,524
Dec 2013038291.824.35$1,663
Nov 2013050188.853.74$1,873
Oct 201301,34697.423.78$5,087
Sep 20130486104.113.72$1,807
Aug 20130125104.253.52$440
Jul 20130215102.523.72$799
Jun 2013052194.403.93$2,049
May 2013052194.834.15$2,162
Apr 2013061993.964.28$2,651
Mar 2013072393.623.91$2,829
Feb 2013063891.233.42$2,182
Jan 2013068091.603.42$2,326
Dec 2012053386.773.42$1,823
Nov 2012061986.953.62$2,244
Oct 2012051389.383.40$1,744
Sep 2012040694.672.92$1,185
Aug 2012039292.662.91$1,140
Jul 2012047685.133.02$1,438
Jun 2012033879.822.52$851
May 2012074491.612.49$1,851
Apr 20120795101.652.00$1,587
Mar 20120836105.052.22$1,858
Feb 20120789101.102.57$2,028
Jan 2012066498.092.73$1,815
Dec 2011067596.873.24$2,187
Nov 2011064295.723.31$2,126
Oct 2011063484.983.65$2,313
Sep 2011067083.623.99$2,670
Aug 2011070683.404.15$2,929
Jul 2011096894.144.52$4,373
Jun 2011070692.904.64$3,276
May 2011078298.134.40$3,445
Apr 20110752105.964.33$3,259
Mar 2011081596.364.06$3,307
Feb 2011033685.644.18$1,404
Jan 2011070086.504.59$3,212
Dec 2010069685.734.35$3,026
Nov 2010085080.843.80$3,226
Oct 2010086078.103.51$3,018
Sep 2010088872.633.98$3,534
Aug 2010081673.684.42$3,606
Jul 2010094372.554.74$4,467
Jun 2010077870.364.91$3,820
May 2010098771.124.24$4,180
Apr 201001,05181.694.12$4,333
Mar 2010091678.394.39$4,020
Feb 2010068673.585.44$3,733
Jan 2010088074.365.96$5,248
Dec 2009080871.445.48$4,431
Nov 2009047674.593.75$1,786
Oct 2009054972.544.11$2,257
Sep 2009045865.543.06$1,404
Aug 2009084967.423.22$2,733
Jul 2009094261.133.46$3,264
Jun 2009074666.163.90$2,906
May 2009082754.743.93$3,247
Apr 200901,01746.773.59$3,648
Mar 200901,05442.144.06$4,278
Feb 200901,07332.814.63$4,971
Jan 200901,02535.865.37$5,505
Dec 200801,16337.105.98$6,951
Nov 200801,11055.496.86$7,615
Oct 200801,12375.246.92$7,773
Sep 200802,124101.767.88$16,731
Aug 20080689114.228.48$5,845
Jul 200801,145131.0811.39$13,041
Jun 200801,126131.3313.03$14,675
May 200801,121123.1711.57$12,975
Apr 200801,336110.3110.45$13,968
Mar 200801,191101.909.66$11,510
Feb 200801,10892.538.77$9,718
Jan 2008097090.388.21$7,960
Dec 200701,07088.337.30$7,813
Nov 200701,39291.677.29$10,150
Oct 2007088282.856.92$6,105
Sep 2007080875.846.24$5,045
Aug 200701,18669.066.39$7,576
Jul 200701,68570.906.39$10,764
Jun 2007165462.007.55$4,999
May 2007075658.747.85$5,932
Apr 2007044359.617.81$3,458
Mar 2007069256.927.30$5,053
Feb 2007056155.108.22$4,609
Jan 2007047250.306.73$3,175
Dec 2006071656.656.92$4,954
Nov 2006072054.207.62$5,485
Oct 2006074254.906.01$4,462
Sep 2006064860.085.04$3,264
Aug 2006080368.717.34$5,894
Jul 2006063169.376.34$4,002
Jun 2006040466.286.38$2,579
May 2006080166.016.42$5,146
Apr 2006047164.397.36$3,467
Mar 2006069656.707.08$4,930
Feb 2006074057.597.75$5,736
Jan 200601,07160.598.93$9,568
Dec 2005093354.9413.42$12,517
Nov 2005074054.6910.59$7,835
Oct 2005073858.3413.80$10,181
Sep 2005068061.4512.08$8,214
Aug 2005087661.519.80$8,582
Jul 2005081055.697.84$6,353
Jun 200501,07552.337.38$7,935
May 200501,05045.226.65$6,984
Apr 2005086749.207.36$6,382
Mar 200501,25450.377.15$8,972
Feb 200501,07645.226.31$6,792
Jan 2005057843.166.32$3,654
Dec 200401,31839.866.75$8,898
Nov 200401,20345.286.33$7,616
Oct 200401,06949.706.52$6,965
Sep 200401,07043.245.28$5,654
Aug 200401,26942.375.55$7,044
Jul 200401,43438.286.08$8,725
Jun 2004090336.106.43$5,809
May 200401,30937.486.49$8,501
Apr 200401,17934.475.86$6,907
Mar 200401,53934.365.53$8,511
Feb 200401,47232.455.51$8,110
Jan 200401,56832.036.30$9,878
Dec 200301,37230.266.30$8,646
Nov 200301,23228.804.60$5,661
Oct 200301,86328.174.76$8,867
Sep 2003078526.314.75$3,728
Aug 200301,70329.765.13$8,736
Jul 200301,67029.415.17$8,635
Jun 200301,25728.565.98$7,521
May 200301,71226.595.97$10,225
Apr 200301,58126.675.41$8,549
Mar 200301,74231.146.10$10,619
Feb 200301,44333.487.93$11,437
Jan 200301,41530.315.58$7,899
Dec 200201,33626.914.85$6,485
Nov 200201,46824.664.14$6,073
Oct 200201,89626.464.23$8,018
Sep 2002063527.443.64$2,308
Aug 2002058925.963.16$1,864
Jul 2002065724.583.06$2,012
Jun 200201,39223.733.34$4,647
May 200201,43724.663.58$5,150
Apr 200201,39523.653.51$4,900
Mar 200201,36322.003.10$4,229
Feb 200201,95418.222.38$4,642
Jan 200202,04417.172.38$4,856
Dec 200101,23216.932.36$2,913
Nov 200101,63818.072.41$3,940
Oct 200102,61219.782.53$6,605
Sep 200102,03924.262.25$4,590
Aug 200102,98124.873.05$9,101
Jul 200101,64623.933.20$5,262
Jun 200103,78524.563.82$14,474
May 200102,57625.524.31$11,096
Apr 200102,17724.685.34$11,615
Mar 200102,15324.545.38$11,575
Feb 200102,32327.755.77$13,397
Jan 200102,25927.478.40$18,973
Dec 200002,31026.889.12$21,073
Nov 200002,95232.215.66$16,702
Oct 200003,62231.235.15$18,637
Sep 200003,51531.875.19$18,231
Aug 200003,38229.644.54$15,357
Jul 200003,45028.534.09$14,110
Jun 200002,18629.304.40$9,612
May 200002,57127.263.68$9,461
Apr 200002,23124.513.12$6,952
Mar 200002,36828.422.86$6,772
Feb 200002,17327.622.73$5,925
Jan 200002,29425.272.48$5,690
Dec 199902,05524.282.42$4,981
Nov 199902,28023.192.43$5,550
Oct 1999562,29220.982.80$7,601
Sep 199901,93621.752.62$5,070
Aug 199902,35019.262.88$6,758
Jul 199902,05717.892.37$4,880
Jun 199904,18815.942.36$9,892
May 199902,51815.792.32$5,844
Apr 199902,06715.102.21$4,564
Mar 199903,20912.471.84$5,899
Feb 199901,7199.981.82$3,125
Jan 199901,58010.381.90$3,002
Dec 199801,0129.201.77$1,795
Nov 199801,11510.892.19$2,437
Oct 199801,31912.421.97$2,597
Sep 199801,71512.592.08$3,572
Aug 199801,76011.301.91$3,357
Jul 199801,21611.742.24$2,721
Jun 199801,65211.242.24$3,696
May 199802,05912.622.21$4,543
Apr 199801,50113.042.51$3,761
Mar 199802,04012.802.31$4,711
Feb 199801,70413.952.30$3,918
Jan 199801,52814.702.15$3,293
Dec 199701,72316.322.41$4,154
Nov 199702,31418.193.09$7,146
Oct 199701,95519.253.15$6,158
Sep 199702,42717.742.95$7,171
Aug 199701,52217.862.55$3,888
Jul 199702,32417.582.25$5,222
Jun 199702,21217.242.26$4,993
May 199701,90718.972.31$4,402
Apr 199702,14017.882.08$4,457
Mar 199702,50118.951.94$4,850
Feb 199702,58420.492.21$5,700
Jan 199703,29423.483.54$11,660
Dec 199601,89623.32$0
Nov 199601,94421.97$0
Oct 199601,32123.31$0
Sep 199601,45922.22$0
Aug 199602,12120.26$0
Jul 199602,26119.55$0
Jun 199601,99018.73$0
May 199602,48419.43$0
Apr 199601,91121.51$0
Mar 199602,40919.38$0
Feb 199602,10816.98$0
Jan 199602,18417.07$0
Dec 199501,38317.19$0
Nov 199501,80916.00$0
Oct 199501,36515.43$0
Sep 199501,37816.18$0
Aug 199501,69415.92$0
Jul 199501,83815.24$0
Jun 199502,12716.41$0
May 199502,28517.56$0
Apr 1995036317.73$0
Mar 199502,04616.44$0
Feb 199501,60916.58$0
Jan 199502,50015.92$0
Dec 19941082,72515.03$1,623
Nov 199402,47715.90$0
Oct 199402,67215.58$0
Sep 199402,56215.29$0
Aug 199402,94616.13$0
Jul 199401,95317.56$0
Jun 199401,30917.09$0
May 199401,37015.88$0
Apr 199402,46214.14$0
Mar 199401,86612.46$0
Feb 199401,64012.50$0
Jan 199402,49212.66$0
Dec 199301,52012.33$0
Nov 1993593,01514.49$855
Oct 199302,94615.85$0
Sep 199302,94715.03$0
Aug 199302,18815.66$0
Jul 199302,94115.46$0
Jun 199302,95316.79$0
May 199302,96017.68$0
Apr 199302,60918.05$0
Mar 199302,35018.14$0
Feb 199302,18017.90$0
Jan 199331,65716.93$51

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                    6 Mcf  × $  3.05 =        $18

────────────────────────────────────────────────────
Month total                                      $18

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/98925 is the state's own key, not one this site invented.