LCRA/COA UNIT

Operated by GEOSOUTHERN ENERGY CORPORATION (P-5 301287) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 153721District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Jan 1995 – Feb 2011
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
194
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
High Cost Gas111995-05-19131581
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
CondensateDisposition97,284 bbl$1,981,149
GasProduction4,452,965 Mcf$7,569,808
Total$9,550,957

2,563,881 Mcf of this lease's gas, across 24 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 29.9354, -96.7596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.93538, -96.75963 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
15,615 ft
1 wells filed one
Completion to plug
15.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 15,615 ft.

Completions filed
Jan 1995
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-149329281H15,615 ftJan 1995Oct 2010Yes

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 (194)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

194 months

Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201071080.843.80$5,740
Oct 20101178.103.51$82
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201089070.364.91$6,262
May 201005771.124.24$241
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090172.544.11$4
Sep 20090465.543.06$12
Aug 20090567.423.22$16
Jul 20090361.133.46$10
Jun 20090066.163.90$0
May 200901154.743.93$43
Apr 20090046.773.59$0
Mar 20090642.144.06$24
Feb 2009022832.814.63$1,056
Jan 20090435.865.37$21
Dec 20080837.105.98$48
Nov 200801055.496.86$69
Oct 200802675.246.92$180
Sep 20080122101.767.88$961
Aug 20080237114.228.48$2,010
Jul 200803,206131.0811.39$36,515
Jun 200815,291131.3313.03$69,087
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081821,270101.909.66$30,819
Feb 200807,23592.538.77$63,455
Jan 20081808,09190.388.21$82,661
Dec 20071939,65688.337.30$87,556
Nov 200718211,10291.677.29$97,636
Oct 200718413,55682.856.92$109,079
Sep 200718113,03575.846.24$95,120
Aug 200718014,65069.066.39$106,014
Jul 20071795,85170.906.39$50,067
Jun 200702,81162.007.55$21,219
May 200712,96958.747.85$23,354
Apr 200703,02559.617.81$23,611
Mar 20071824,58756.927.30$43,854
Feb 200701,69855.108.22$13,951
Jan 200703,30650.306.73$22,239
Dec 2006033856.656.92$2,338
Nov 200602,75054.207.62$20,948
Oct 200603,32254.906.01$19,978
Sep 200603,08560.085.04$15,540
Aug 200603,17868.717.34$23,326
Jul 200602,77969.376.34$17,627
Jun 200603,22666.286.38$20,594
May 20061793,27266.016.42$32,838
Apr 200603,23464.397.36$23,804
Mar 200603,61256.707.08$25,584
Feb 200613,58757.597.75$27,861
Jan 20061784,58960.598.93$51,780
Dec 200506,83954.9413.42$91,748
Nov 200518,35754.6910.59$88,542
Oct 200517710,32558.3413.80$152,767
Sep 200505,79161.4512.08$69,949
Aug 20051734,34261.519.80$53,179
Jul 200507,14855.697.84$56,066
Jun 20051943,13452.337.38$33,284
May 200506,76045.226.65$44,962
Apr 20051826,13249.207.36$54,089
Mar 200508,08450.377.15$57,840
Feb 20051829,47145.226.31$68,010
Jan 200518212,25243.166.32$85,315
Dec 200419112,92839.866.75$94,891
Nov 200418213,51245.286.33$93,778
Oct 200433413,44949.706.52$104,221
Sep 2004013,48843.245.28$71,269
Aug 20041848,97442.375.55$57,608
Jul 200409,64138.286.08$58,658
Jun 20041866,83336.106.43$50,671
May 2004010,48937.486.49$68,122
Apr 20041838,90934.475.86$58,501
Mar 20041889,66234.365.53$59,892
Feb 20041918,84932.455.51$54,953
Jan 20041829,25232.036.30$64,114
Dec 200309,25230.266.30$58,303
Nov 20031948,48028.804.60$44,554
Oct 200335710,34428.174.76$59,290
Sep 200305,16726.314.75$24,540
Aug 20031799,88929.765.13$56,055
Jul 2003012,03029.415.17$62,205
Jun 200318710,56828.565.98$68,569
May 20031957,24826.595.97$48,475
Apr 200319810,07826.675.41$59,775
Mar 200310611,24931.146.10$71,875
Feb 20031968,51433.487.93$74,043
Jan 2003012,95830.315.58$72,332
Dec 200219712,22426.914.85$64,634
Nov 200205,78424.664.14$23,928
Oct 20021941226.464.23$5,184
Sep 200209,05027.443.64$32,899
Aug 200238615,41025.963.16$58,780
Jul 2002012,72124.583.06$38,949
Jun 20021816,01523.733.34$24,375
May 2002011,93224.663.58$42,764
Apr 200219510,68923.653.51$42,155
Mar 200219510,43422.003.10$36,664
Feb 200208,59218.222.38$20,412
Jan 200219910,36217.172.38$28,034
Dec 200119515,87016.932.36$40,824
Nov 200138710,54918.072.41$32,369
Oct 2001014,47019.782.53$36,593
Sep 2001015,36224.262.25$34,585
Aug 200136310,89524.873.05$42,292
Jul 200119517,43423.933.20$60,404
Jun 200137917,95424.563.82$77,967
May 200118914,23825.524.31$66,151
Apr 20018911,26524.685.34$62,299
Mar 200139014,71524.545.38$88,685
Feb 20011969,50127.755.77$60,232
Jan 200119017,27127.478.40$150,274
Dec 200019923,09226.889.12$216,006
Nov 200039525,98732.215.66$159,757
Oct 200038525,57531.235.15$143,620
Sep 200055815,96631.875.19$100,591
Aug 200017919,39529.644.54$93,373
Jul 200036817,32228.534.09$81,342
Jun 200019113,95329.304.40$66,951
May 200037017,57127.263.68$74,743
Apr 20001806,01624.513.12$23,158
Mar 200037113,67528.422.86$49,651
Feb 200053826,85327.622.73$88,074
Jan 2000011,70325.272.48$29,029
Dec 19991693,93724.282.42$13,646
Nov 199906,00223.192.43$14,609
Oct 199935712,94720.982.80$43,789
Sep 199954323,76621.752.62$74,050
Aug 199935917,58919.262.88$57,493
Jul 199924,77217.892.37$11,357
Jun 19991795,76515.942.36$16,471
May 19991848,88415.792.32$23,525
Apr 199917912,32515.102.21$29,917
Mar 199918010,99712.471.84$22,461
Feb 1999128,0419.981.82$50,983
Jan 199918218,84610.381.90$37,696
Dec 199836721,5309.201.77$41,556
Nov 199836921,78810.892.19$51,641
Oct 199839825,91112.421.97$55,967
Sep 199859026,36812.592.08$62,343
Aug 199839027,82411.301.91$57,477
Jul 199857029,99011.742.24$73,788
Jun 199859033,49611.242.24$81,571
May 199879541,90012.622.21$102,479
Apr 199859122,41113.042.51$63,854
Mar 19981999,53112.802.31$24,558
Feb 19981778,12313.952.30$21,145
Jan 199859828,30614.702.15$69,784
Dec 199781029,98416.322.41$85,514
Nov 199779030,02918.193.09$107,107
Oct 199759131,19619.253.15$109,639
Sep 199758831,23517.742.95$102,727
Aug 199759234,18117.862.55$97,897
Jul 199776732,87717.582.25$87,357
Jun 199777236,25917.242.26$95,153
May 199779342,80218.972.31$113,852
Apr 19971,19445,43517.882.08$115,980
Mar 19971,00452,37318.951.94$120,584
Feb 19971,00942,77020.492.21$115,021
Jan 199797949,60523.483.54$198,574
Dec 19961,21752,62423.32$28,380
Nov 19961,19452,74021.97$26,232
Oct 19961,18181,24023.31$27,529
Sep 19961,52458,32022.22$33,863
Aug 19961,35564,78720.26$27,452
Jul 19961,52670,30719.55$29,833
Jun 19961,55473,00118.73$29,106
May 19961,52057,65719.43$29,534
Apr 19961,36861,85321.51$29,426
Mar 19961,75780,00819.38$34,051
Feb 19961,99081,28916.98$33,790
Jan 19962,06296,75417.07$35,198
Dec 19952,431101,00517.19$41,789
Nov 19952,556104,70816.00$40,896
Oct 19952,978113,37815.43$45,951
Sep 19952,943124,07216.18$47,618
Aug 19953,216138,47415.92$51,199
Jul 19953,651152,80715.24$55,641
Jun 19954,200151,00016.41$68,922
May 19954,488171,31417.56$78,809
Apr 19955,387165,38717.73$95,512
Mar 19956,360194,32116.44$104,558
Feb 19956,874255,99416.58$113,971
Jan 19951,55260,84115.92$24,708

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.

Nov 2010 — as filed, then multipliedworked
Condensate            71 bbl  × $ 80.84 =     $5,740
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                   $5,740

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. 03/G/153721 is the state's own key, not one this site invented.