LEHRMANN

Operated by GEOSOUTHERN OPERATING II, LLC (P-5 301273) 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 284650District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.1 M
Jan 2018 – May 2026
Value, last 12 filed months
$453 k
at the published price for each month
Months reported
101
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 Gas112019-02-06222590
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
CondensateDisposition169 bbl$13,244
GasProduction6,314,552 Mcf$20,096,581
Total$20,109,826

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 30.1709, -96.5197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.17091, -96.51969 · 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
13,882 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 13,882 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-477310471H13,882 ftJan 2018

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 (101)

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

101 months

May 202628,712106.413.05$26,748
Apr 2026110,28498.932.87$29,611
Mar 2026210,16389.753.15$32,187
Feb 202629,73463.503.75$36,633
Jan 202619,02659.138.00$72,248
Dec 202529,69056.664.41$42,879
Nov 202519,65358.593.93$37,961
Oct 2025210,00759.383.30$33,190
Sep 2025210,76362.743.08$33,242
Aug 202519,25363.933.01$27,960
Jul 2025112,59866.743.32$41,832
Jun 2025212,12066.483.13$38,053
May 2025114,59060.553.23$47,220
Apr 202527,83662.363.54$27,889
Mar 2025218,31267.704.27$78,297
Feb 2025219,08270.884.34$82,974
Jan 2025522,99374.324.28$98,751
Dec 2024224,06968.993.12$75,266
Nov 2024423,71469.052.20$52,410
Oct 2024325,02971.372.28$57,315
Sep 2024425,58969.612.36$60,780
Aug 2024328,98375.632.06$60,037
Jul 2024735,24779.932.15$76,220
Jun 2024334,20878.082.63$90,337
May 2024211,60078.812.20$25,660
Apr 2024413,84184.451.66$23,303
Mar 2024213,85480.301.55$21,567
Feb 2024113,83476.091.78$24,751
Jan 2024114,08973.023.30$46,534
Dec 2023220,85371.262.61$54,584
Nov 2023223,15377.892.81$65,159
Oct 2023228,31985.443.09$87,600
Sep 2023327,07489.042.74$74,316
Aug 2023225,85880.522.67$69,276
Jul 2023225,51774.852.64$67,561
Jun 2023528,71068.962.26$65,186
May 2023226,29170.622.23$58,702
Apr 2023232,75678.122.24$73,456
Mar 2023234,76272.852.39$83,337
Feb 2023232,26075.112.47$79,693
Jan 2023232,98676.533.39$111,900
Dec 2022431,40976.415.73$180,250
Nov 2022232,11385.005.65$181,486
Oct 2022434,16387.185.86$200,672
Sep 2022828,39484.888.16$232,479
Aug 2022335,16194.529.13$321,204
Jul 2022335,744101.587.54$269,889
Jun 2022335,335115.097.98$282,220
May 2022437,565109.378.43$317,225
Apr 2022238,268104.226.84$261,870
Mar 2022540,240108.885.08$204,819
Feb 2022338,92891.054.86$189,418
Jan 2022344,83481.844.54$203,688
Dec 2021446,36671.323.90$181,072
Nov 2021445,35577.435.24$237,827
Oct 2021429,69379.795.71$169,981
Sep 2021034,39869.865.35$184,061
Aug 2021249,77866.024.22$210,225
Jul 2021351,42570.783.98$204,991
Jun 2021551,18869.493.38$173,395
May 2021053,19663.483.02$160,528
Apr 2021350,09060.362.76$138,350
Mar 2021051,02861.302.72$138,640
Feb 2021042,84657.805.55$237,707
Jan 2021049,20550.412.81$138,279
Dec 2020056,73944.642.68$151,803
Nov 2020046,04638.772.71$124,627
Oct 2020058,41236.972.48$144,770
Sep 2020059,02737.091.99$117,525
Aug 2020064,50339.982.39$153,846
Jul 2020095,47538.371.83$174,253
Jun 202001,27734.901.69$2,159
May 2020065,42116.921.81$118,723
Apr 2020066,07614.751.80$119,226
Mar 2020065,52030.341.86$121,620
Feb 2020564,84149.881.98$128,678
Jan 2020072,26557.252.09$151,376
Dec 2019075,59359.012.30$174,193
Nov 2019076,65655.302.75$210,858
Oct 2019082,59753.472.42$199,764
Sep 2019081,09255.052.66$215,484
Aug 2019088,81553.112.30$204,662
Jul 2019094,35956.272.46$232,129
Jun 2019093,13552.782.49$232,018
May 20190102,44658.482.74$280,735
Apr 20190105,20962.632.75$289,398
Mar 20190118,54356.803.06$362,991
Feb 20190114,24750.852.79$319,003
Jan 20190133,35346.033.23$430,487
Dec 20180141,32546.594.19$591,507
Nov 20180139,33752.934.24$590,404
Oct 20180169,75761.443.40$576,848
Sep 20180178,53759.543.11$554,893
Aug 20180204,07459.403.07$625,805
Jul 20180226,48565.142.93$664,027
Jun 20180255,20560.183.08$785,245
May 20180262,65965.382.90$761,921
Apr 20180316,64163.842.90$918,512
Mar 20180355,45761.222.79$990,602
Feb 20180389,29461.782.77$1,076,834
Jan 20180062.874.01$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
Condensate             2 bbl  × $106.41 =       $213
Gas                8,712 Mcf  × $  3.05 =    $26,535

────────────────────────────────────────────────────
Month total                                  $26,748

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/284650 is the state's own key, not one this site invented.