LCRA/COA UNIT 3

Name: LCRA/COA UNIT 3 lease production and value, Aug 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 160187District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$9.2 M

Aug 1996 – Jun 2015

Value, last 12 filed months

at the published price for each month

Months reported

227

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1996-11-01	135413
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	76,311 bbl	$2,026,597
Gas	Production	2,226,174 Mcf	$7,132,535
Total			$9,159,132

456,810 Mcf of this lease's gas, across 5 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 29.9415, -96.7350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94152, -96.73501 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

16,413 ft

1 wells filed one

Completion to plug

15.6 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 16,413 ft.

Completions filed

Aug 1996

1 of 1 wells

Plug dates filed

Mar 2012

1 of 1 wells

Last completion to plug: a median of 15.6 years across the 1 well that filed both dates, with the middle half between 15.6 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14933015	3H	16,413 ft	Aug 1996	Mar 2012	Yes

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 (227)

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

227 months


Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	60	1	105.05	2.22	$6,305
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	1	1	98.13	4.40	$103
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	2	2	85.64	4.18	$180
Jan 2011	1	1	86.50	4.59	$91
Dec 2010	0	4	85.73	4.35	$17
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	348	78.10	3.51	$1,221
Sep 2010	0	515	72.63	3.98	$2,049
Aug 2010	178	3,939	73.68	4.42	$30,523
Jul 2010	181	4,363	72.55	4.74	$33,797
Jun 2010	1	4,239	70.36	4.91	$20,886
May 2010	179	4,389	71.12	4.24	$31,319
Apr 2010	179	4,283	81.69	4.12	$32,280
Mar 2010	0	4,314	78.39	4.39	$18,933
Feb 2010	184	3,919	73.58	5.44	$34,867
Jan 2010	185	4,325	74.36	5.96	$39,551
Dec 2009	183	4,387	71.44	5.48	$37,131
Nov 2009	0	4,310	74.59	3.75	$16,169
Oct 2009	182	4,433	72.54	4.11	$31,423
Sep 2009	179	4,405	65.54	3.06	$25,232
Aug 2009	0	4,561	67.42	3.22	$14,680
Jul 2009	179	4,584	61.13	3.46	$26,824
Jun 2009	177	4,485	66.16	3.90	$29,179
May 2009	0	4,586	54.74	3.93	$18,003
Apr 2009	180	4,418	46.77	3.59	$24,268
Mar 2009	182	4,591	42.14	4.06	$26,304
Feb 2009	181	4,207	32.81	4.63	$25,430
Jan 2009	1	4,612	35.86	5.37	$24,807
Dec 2008	181	4,570	37.10	5.98	$34,031
Nov 2008	194	4,463	55.49	6.86	$41,383
Oct 2008	1	4,788	75.24	6.92	$33,218
Sep 2008	185	4,450	101.76	7.88	$53,879
Aug 2008	0	4,780	114.22	8.48	$40,549
Jul 2008	183	4,859	131.08	11.39	$79,329
Jun 2008	1	4,737	131.33	13.03	$61,867
May 2008	179	4,843	123.17	11.57	$78,102
Apr 2008	177	4,711	110.31	10.45	$68,778
Mar 2008	0	4,903	101.90	9.66	$47,383
Feb 2008	181	4,641	92.53	8.77	$57,452
Jan 2008	178	4,974	90.38	8.21	$56,903
Dec 2007	1	4,949	88.33	7.30	$36,226
Nov 2007	182	4,951	91.67	7.29	$52,785
Oct 2007	181	5,230	82.85	6.92	$51,198
Sep 2007	0	5,155	75.84	6.24	$32,189
Aug 2007	193	5,334	69.06	6.39	$47,402
Jul 2007	181	5,397	70.90	6.39	$47,309
Jun 2007	1	5,384	62.00	7.55	$40,703
May 2007	184	5,350	58.74	7.85	$52,786
Apr 2007	190	5,245	59.61	7.81	$52,264
Mar 2007	197	5,453	56.92	7.30	$51,031
Feb 2007	1	4,987	55.10	8.22	$41,028
Jan 2007	185	5,453	50.30	6.73	$45,987
Dec 2006	185	5,526	56.65	6.92	$48,712
Nov 2006	184	5,538	54.20	7.62	$52,158
Oct 2006	0	5,619	54.90	6.01	$33,792
Sep 2006	182	5,523	60.08	5.04	$38,755
Aug 2006	179	5,712	68.71	7.34	$54,225
Jul 2006	1	5,912	69.37	6.34	$37,568
Jun 2006	183	5,811	66.28	6.38	$49,226
May 2006	182	6,082	66.01	6.42	$51,091
Apr 2006	186	5,919	64.39	7.36	$55,543
Mar 2006	186	6,239	56.70	7.08	$54,737
Feb 2006	1	5,627	57.59	7.75	$43,673
Jan 2006	373	6,368	60.59	8.93	$79,487
Dec 2005	1	6,552	54.94	13.42	$87,953
Nov 2005	373	6,545	54.69	10.59	$89,700
Oct 2005	1	7,308	58.34	13.80	$100,878
Sep 2005	183	6,015	61.45	12.08	$83,901
Aug 2005	177	6,828	61.51	9.80	$77,780
Jul 2005	187	6,936	55.69	7.84	$64,818
Jun 2005	351	6,658	52.33	7.38	$67,511
May 2005	1	7,021	45.22	6.65	$46,743
Apr 2005	189	6,866	49.20	7.36	$59,836
Mar 2005	189	7,083	50.37	7.15	$60,198
Feb 2005	187	6,410	45.22	6.31	$48,916
Jan 2005	370	7,231	43.16	6.32	$61,685
Dec 2004	185	7,167	39.86	6.75	$55,759
Nov 2004	182	4,700	45.28	6.33	$37,994
Oct 2004	184	7,325	49.70	6.52	$56,868
Sep 2004	183	7,173	43.24	5.28	$45,814
Aug 2004	183	7,322	42.37	5.55	$48,396
Jul 2004	363	7,412	38.28	6.08	$58,992
Jun 2004	191	7,248	36.10	6.43	$53,522
May 2004	192	7,658	37.48	6.49	$56,932
Apr 2004	0	7,391	34.47	5.86	$43,300
Mar 2004	375	7,754	34.36	5.53	$55,766
Feb 2004	191	7,342	32.45	5.51	$46,650
Jan 2004	192	7,878	32.03	6.30	$55,778
Dec 2003	189	8,036	30.26	6.30	$56,359
Nov 2003	191	7,934	28.80	4.60	$41,959
Oct 2003	188	8,449	28.17	4.76	$45,510
Sep 2003	188	8,231	26.31	4.75	$44,038
Aug 2003	186	8,579	29.76	5.13	$49,543
Jul 2003	278	8,516	29.41	5.17	$52,211
Jun 2003	378	8,496	28.56	5.98	$61,627
May 2003	0	8,881	26.59	5.97	$53,043
Apr 2003	386	8,496	26.67	5.41	$56,235
Mar 2003	195	9,009	31.14	6.10	$60,992
Feb 2003	199	8,023	33.48	7.93	$70,252
Jan 2003	197	8,704	30.31	5.58	$54,557
Dec 2002	199	8,282	26.91	4.85	$45,554
Nov 2002	396	7,980	24.66	4.14	$42,778
Oct 2002	196	8,494	26.46	4.23	$41,108
Sep 2002	195	8,361	27.44	3.64	$35,745
Aug 2002	196	8,661	25.96	3.16	$32,493
Jul 2002	184	8,912	24.58	3.06	$31,809
Jun 2002	196	8,813	23.73	3.34	$34,071
May 2002	195	9,297	24.66	3.58	$38,129
Apr 2002	197	9,125	23.65	3.51	$36,709
Mar 2002	399	9,403	22.00	3.10	$37,953
Feb 2002	199	8,760	18.22	2.38	$24,437
Jan 2002	199	9,786	17.17	2.38	$26,665
Dec 2001	400	10,221	16.93	2.36	$30,939
Nov 2001	198	10,333	18.07	2.41	$28,434
Oct 2001	396	11,374	19.78	2.53	$36,596
Sep 2001	197	10,258	24.26	2.25	$27,873
Aug 2001	389	12,244	24.87	3.05	$47,057
Jul 2001	0	10,332	23.93	3.20	$33,032
Jun 2001	193	3,844	24.56	3.82	$19,440
May 2001	195	10,542	25.52	4.31	$50,384
Apr 2001	392	9,889	24.68	5.34	$62,436
Mar 2001	199	9,660	24.54	5.38	$56,820
Feb 2001	393	8,769	27.75	5.77	$61,477
Jan 2001	197	10,627	27.47	8.40	$94,665
Dec 2000	392	10,849	26.88	9.12	$109,507
Nov 2000	203	10,285	32.21	5.66	$64,731
Oct 2000	390	10,564	31.23	5.15	$66,537
Sep 2000	190	10,235	31.87	5.19	$59,139
Aug 2000	377	10,881	29.64	4.54	$60,582
Jul 2000	187	10,884	28.53	4.09	$49,848
Jun 2000	381	10,661	29.30	4.40	$58,042
May 2000	365	11,435	27.26	3.68	$52,028
Apr 2000	383	10,293	24.51	3.12	$41,460
Mar 2000	378	10,722	28.42	2.86	$41,405
Feb 2000	190	9,714	27.62	2.73	$31,733
Jan 2000	379	8,962	25.27	2.48	$31,808
Dec 1999	376	10,480	24.28	2.42	$34,530
Nov 1999	174	10,437	23.19	2.43	$29,439
Oct 1999	365	11,454	20.98	2.80	$39,771
Sep 1999	360	11,602	21.75	2.62	$38,214
Aug 1999	535	12,664	19.26	2.88	$46,721
Jul 1999	353	13,691	17.89	2.37	$38,795
Jun 1999	353	14,972	15.94	2.36	$40,992
May 1999	180	12,480	15.79	2.32	$31,809
Apr 1999	175	9,551	15.10	2.21	$23,732
Mar 1999	359	12,583	12.47	1.84	$27,608
Feb 1999	564	12,802	9.98	1.82	$28,900
Jan 1999	533	17,212	10.38	1.90	$38,234
Dec 1998	549	23,134	9.20	1.77	$46,075
Nov 1998	542	16,563	10.89	2.19	$42,104
Oct 1998	595	23,986	12.42	1.97	$54,623
Sep 1998	591	22,558	12.59	2.08	$54,420
Aug 1998	784	26,963	11.30	1.91	$60,287
Jul 1998	913	28,636	11.74	2.24	$74,785
Jun 1998	782	27,436	11.24	2.24	$70,171
May 1998	796	28,974	12.62	2.21	$73,972
Apr 1998	964	28,343	13.04	2.51	$83,579
Mar 1998	996	27,870	12.80	2.31	$77,113
Feb 1998	984	25,029	13.95	2.30	$71,272
Jan 1998	1,199	26,023	14.70	2.15	$73,699
Dec 1997	970	25,454	16.32	2.41	$77,203
Nov 1997	1,001	25,563	18.19	3.09	$97,153
Oct 1997	988	27,712	19.25	3.15	$106,307
Sep 1997	989	29,182	17.74	2.95	$103,774
Aug 1997	1,164	33,835	17.86	2.55	$107,229
Jul 1997	1,360	35,716	17.58	2.25	$104,161
Jun 1997	1,176	32,597	17.24	2.26	$93,852
May 1997	1,614	39,717	18.97	2.31	$122,304
Apr 1997	1,211	31,972	17.88	2.08	$88,243
Mar 1997	1,820	44,251	18.95	1.94	$120,298
Feb 1997	1,851	44,138	20.49	2.21	$135,291
Jan 1997	2,018	47,450	23.48	3.54	$215,341
Dec 1996	2,714	58,797	23.32	—	$63,290
Nov 1996	2,952	66,918	21.97	—	$64,855
Oct 1996	3,890	81,229	23.31	—	$90,676
Sep 1996	5,207	101,368	22.22	—	$115,700
Aug 1996	7,051	148,498	20.26	—	$142,853

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.

Mar 2012 — as filed, then multipliedworked

Condensate            60 bbl  × $105.05 =     $6,303
Gas                    1 Mcf  × $  2.22 =         $2

────────────────────────────────────────────────────
Month total                                   $6,305

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/160187 is the state's own key, not one this site invented.