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LAMAR

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 286465District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.1 M
Jan 2019 – May 2026
Value, last 12 filed months
$517 k
at the published price for each month
Months reported
89
no gaps in the span
Streams
2
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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none——
ST-1112020-01-29225441

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
CondensateDisposition10,542 bbl$627,569
GasProduction4,052,231 Mcf$12,481,395
Total$13,108,963

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 30.1391, -96.5791. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.13909, -96.57908 · 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
13,142 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 13,142 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-477310651H13,142 ftJan 2019——

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 (89)

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

89 months

May 2026210,564106.413.05$32,389
Apr 20264710,42998.932.87$34,578
Mar 20264410,43789.753.15$36,820
Feb 2026279,73363.503.75$38,216
Jan 2026210,82559.138.00$86,696
Dec 20254610,75256.664.41$50,059
Nov 20254810,62358.593.93$44,523
Oct 202517411,35959.383.30$47,872
Sep 20254311,12462.743.08$36,925
Aug 2025013,42363.933.01$40,467
Jul 2025458,68666.743.32$31,799
Jun 2025211,54066.483.13$36,238
May 2025212,86260.553.23$41,695
Apr 20254912,44262.363.54$47,139
Mar 2025213,20667.704.27$56,503
Feb 20254912,05770.884.34$55,811
Jan 2025213,55874.324.28$58,159
Dec 202422713,21168.993.12$56,897
Nov 20244614,20569.052.20$34,405
Oct 2024416,83271.372.28$38,686
Sep 2024210,81169.612.36$25,700
Aug 2024215,47375.632.06$32,082
Jul 20244313,90679.932.15$33,287
Jun 2024215,43878.082.63$40,820
May 2024215,41278.812.20$34,040
Apr 202419117,54384.451.66$45,237
Mar 2024219,34380.301.55$30,048
Feb 2024111,72476.091.78$20,987
Jan 2024011,60873.023.30$38,279
Dec 20234914,97171.262.61$42,577
Nov 20234918,74877.892.81$56,453
Oct 2023118,84985.443.09$58,278
Sep 20235219,87389.042.74$58,984
Aug 2023221,48180.522.67$57,577
Jul 202323322,64074.852.64$77,250
Jun 20235123,39668.962.26$56,356
May 20235322,36170.622.23$53,550
Apr 20235822,81678.122.24$55,588
Mar 20235325,06572.852.39$63,846
Feb 20235223,06075.112.47$60,764
Jan 20235027,82076.533.39$98,073
Dec 20225324,76776.415.73$145,942
Nov 202224627,39885.005.65$175,605
Oct 20225428,49887.185.86$171,813
Sep 20225729,46384.888.16$245,365
Aug 20225231,88394.529.13$295,916
Jul 202223831,657101.587.54$262,936
Jun 2022532,541115.097.98$260,162
May 20224728,664109.378.43$246,865
Apr 202223730,310104.226.84$231,948
Mar 20224829,911108.885.08$157,066
Feb 20225227,27091.054.86$137,235
Jan 202219830,33881.844.54$153,868
Dec 2021231,50871.323.90$122,996
Nov 2021230,51277.435.24$159,942
Oct 20215433,20979.795.71$194,061
Sep 202117833,75769.865.35$193,066
Aug 20215035,81966.024.22$154,478
Jul 202118438,42570.783.98$166,035
Jun 20215036,78669.493.38$127,834
May 2021142,19963.483.02$127,406
Apr 202119142,00160.362.76$127,385
Mar 2021043,29761.302.72$117,635
Feb 202119138,01257.805.55$221,928
Jan 2021048,60850.412.81$136,602
Dec 202011251,00144.642.68$141,451
Nov 202019752,43238.772.71$149,549
Oct 202027757,21336.972.48$152,039
Sep 202010359,42437.091.99$122,136
Aug 202033167,61739.982.39$174,507
Jul 202013995,76038.371.83$180,107
Jun 20201462,46334.901.69$9,259
May 2020073,06316.921.81$132,591
Apr 202042775,12114.751.80$141,845
Mar 202035583,36930.341.86$165,523
Feb 202037782,95349.881.98$183,107
Jan 202025795,12157.252.09$213,967
Dec 2019486102,77559.012.30$265,509
Nov 2019156107,39455.302.75$304,035
Oct 2019191121,94253.472.42$305,134
Sep 2019499128,80755.052.66$369,746
Aug 2019180146,21953.112.30$346,501
Jul 2019370144,28256.272.46$375,762
Jun 2019366172,78952.782.49$449,769
May 2019379201,80058.482.74$575,161
Apr 2019374219,10962.632.75$626,127
Mar 2019562245,65356.803.06$784,136
Feb 2019239208,03750.852.79$593,038
Jan 20192020,84846.033.23$68,222

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               10,564 Mcf  × $  3.05 =    $32,176

────────────────────────────────────────────────────
Month total                                  $32,389

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/286465 is the state's own key, not one this site invented.