The first competitive game of the 12-team College Football Playoff format saw Texas survive a 39-31 double-overtime win over Arizona State in the Peach Bowl to advance to the semifinals after blowing a 16-point lead in the fourth quarter.

If you started watching the game when there was 7:43 remaining in the third quarter through the end of regulation, you saw drives end in this order with a safety, field goal, touchdown, touchdown, interception, touchdown, missed field goal, punt and a missed field goal.

The two missed field goals were by Texas kicker Bert Auburn from 48 and 38 yards, with the latter coming as time expired in regulation.

Fans were quick to hail the game as an instant classic after the dramatic fourth quarter and overtime periods.

The Longhorns scored on back-to-back plays in overtime, with the first touchdown coming when Ewers, who went 20-of-30 for 322 yards with three touchdowns and an interception, hit Matthew Golden in the end zone on a 4th-and-13 from Arizona State's 28-yard line to tie the game after the Sun Devils scored on their opening possession.

Golden finished the game with 149 yards and a score on seven catches. It's his second time surpassing the 100-yard mark all season, previously hitting the mark in the SEC Championship Game against Georgia (162 yards).

Texas followed that up by starting the second overtime with another Ewers touchdown pass, this time to Gunnar Helm and the two-point conversion extended the lead to eight. Arizona State's attempt to tie the game was thwarted when Sam Leavitt was picked off by Andrew Mukuba.

Texas opened the game looking like it was going to make easy work of Arizona State. The Longhorns scored 14 points in the first eight minutes of the game, despite running just two offensive plays at that point.

Their first touchdown was a 23-yard touchdown catch by DeAndre Moore Jr. on a pass from Quinn Ewers. They scored again on Silas Bolden's 75-yard punt return after the defense forced a three-and-out on Arizona State's ensuing possession.

That would be the last time Texas got into the end zone until Ewers' five-yard touchdown run early in the fourth quarter to extend the lead to 24-8.

Arizona State found new life on a trick play when Cam Skattebo threw a 42-yard touchdown pass to Malik McClain on fourth-and-2, followed by a two-point conversion to the cut the deficit to 24-16.

After a Ewers interception on Texas' next possession, the Sun Devils were able to tie the score by going 79 yards in just three plays. They were aided by three penalties from Texas, including a hold on the two-point conversion that gave Arizona State a second attempt.

Skattebo put together one of the most absurd stat lines you will ever see in defeat. The Sun Devils superstar had 143 rushing yards and two touchdowns on 30 carries, 99 receiving yards on eight catches and a 42-yard touchdown pass.

Skattebo did all of that while vomiting and needing to receive an IV on the sideline entering the fourth quarter.

Arizona State's first year in the Big 12 was a rousing success with the program's first outright conference title and 11-win season since 1996. It shared the Pac-10 title in 2007 with USC.

After surviving the Peach Bowl, Texas will next play on Jan. 10 in the Cotton Bowl in the Playoff semifinal. They will take on the winner of the Rose Bowl between Ohio State and Oregon.