MILTON-WICKEL

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 285943District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Jul 2018 – May 2026
Value, last 12 filed months
$144 k
at the published price for each month
Months reported
95
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
NGPA1none
ST-1112019-12-23225444

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
CondensateDisposition11,805 bbl$690,162
GasProduction1,615,539 Mcf$5,157,607
Total$5,847,769

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 30.1254, -96.5936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.12537, -96.59359 · 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
12,948 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 12,948 ft.

Completions filed
Jul 2018
1 of 1 wells

1 well

42-477310551H12,948 ftJul 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 (95)

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

95 months

May 202602,004106.413.05$6,104
Apr 202602,85298.932.87$8,184
Mar 202602,42989.753.15$7,650
Feb 20261803,04663.503.75$22,853
Jan 202601,82159.138.00$14,564
Dec 202503,24056.664.41$14,299
Nov 202503,03258.593.93$11,905
Oct 202502,37059.383.30$7,832
Sep 202502,98362.743.08$9,178
Aug 202513,71063.933.01$11,249
Jul 202502,75566.743.32$9,133
Jun 20251772,84866.483.13$20,678
May 202513,66860.553.23$11,917
Apr 202513,77262.363.54$13,427
Mar 202501,77267.704.27$7,563
Feb 202503,33870.884.34$14,490
Jan 202504,03974.324.28$17,282
Dec 202403,00368.993.12$9,373
Nov 202403,18269.052.20$6,995
Oct 202403,60971.372.28$8,234
Sep 20241753,62169.612.36$20,743
Aug 202402,93075.632.06$6,046
Jul 202413,96379.932.15$8,587
Jun 202414,28878.082.63$11,373
May 202414,10278.812.20$9,097
Apr 202404,06284.451.66$6,740
Mar 202424,61080.301.55$7,284
Feb 20241884,96076.091.78$23,152
Jan 202404,37373.023.30$14,421
Dec 202314,78671.262.61$12,566
Nov 202314,09877.892.81$11,583
Oct 2023945,29985.443.09$24,391
Sep 202314,38289.042.74$12,074
Aug 202305,85580.522.67$15,650
Jul 202304,01674.852.64$10,609
Jun 20232005,62668.962.26$26,498
May 202315,14670.622.23$11,533
Apr 202306,49678.122.24$14,536
Mar 202316,12272.852.39$14,724
Feb 202306,38375.112.47$15,738
Jan 20232086,07876.533.39$36,509
Dec 202217,50676.415.73$43,079
Nov 202215,09185.005.65$28,830
Oct 202215,94487.185.86$34,941
Sep 202206,44184.888.16$52,582
Aug 20221826,82694.529.13$79,505
Jul 202218,568101.587.54$64,722
Jun 202205,768115.097.98$46,012
May 202208,478109.378.43$71,495
Apr 20221838,676104.226.84$78,395
Mar 202218,825108.885.08$44,908
Feb 202204,16591.054.86$20,237
Jan 20221848,38281.844.54$53,093
Dec 2021110,35071.323.90$40,427
Nov 202118,81577.435.24$46,240
Oct 20211799,53179.795.71$68,741
Sep 202108,25169.865.35$44,150
Aug 202118,15566.024.22$34,485
Jul 20211777,91770.783.98$44,054
Jun 202129,30569.493.38$31,596
May 20211799,08463.483.02$38,775
Apr 202119,88460.362.76$27,325
Mar 202117912,97461.302.72$46,222
Feb 202116810,04657.805.55$65,445
Jan 2021013,34250.412.81$37,495
Dec 2020012,69544.642.68$33,965
Nov 202017815,09838.772.71$47,765
Oct 2020014,99436.972.48$37,162
Sep 202018116,80537.091.99$40,173
Aug 2020020,64639.982.39$49,243
Jul 202017725,07138.371.83$52,549
Jun 202017710234.901.69$6,350
May 2020019,44716.921.81$35,291
Apr 202018116,94814.751.80$33,250
Mar 202017321,60830.341.86$45,358
Feb 202018521,26649.881.98$51,349
Jan 202018624,49257.252.09$61,953
Dec 201919925,87359.012.30$71,364
Nov 201919526,44555.302.75$83,526
Oct 201919129,79753.472.42$82,278
Sep 201941429,15055.052.66$100,250
Aug 201917634,30753.112.30$88,403
Jul 201935832,60156.272.46$100,345
Jun 201918029,08152.782.49$81,947
May 201922236,26758.482.74$112,366
Apr 201935935,96162.632.75$121,402
Mar 201917244,30056.803.06$145,421
Feb 201935843,55250.852.79$139,811
Jan 201937654,64946.033.23$193,724
Dec 201853765,51846.594.19$299,240
Nov 201856073,02152.934.24$339,048
Oct 201873291,87361.443.40$357,166
Sep 2018850109,21359.543.11$390,043
Aug 20181,246152,84059.403.07$542,705
Jul 2018565128,92665.142.93$414,800

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                2,004 Mcf  × $  3.05 =     $6,104

────────────────────────────────────────────────────
Month total                                   $6,104

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/285943 is the state's own key, not one this site invented.