KLAUS

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 286936District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.0 M
Jan 2019 – May 2026
Value, last 12 filed months
$606 k
at the published price for each month
Months reported
89
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-1112020-01-13225767

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
CondensateDisposition50,139 bbl$2,968,236
GasProduction3,867,786 Mcf$11,984,750
Total$14,952,986

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 30.1636, -96.6095. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16361, -96.60946 · 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
12,802 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 12,802 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-477310631H12,802 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 2026511,298106.413.05$34,944
Apr 202624210,73698.932.87$54,750
Mar 20265011,40189.753.15$40,394
Feb 202626310,71463.503.75$56,881
Jan 2026011,10059.138.00$88,777
Dec 202523111,01556.664.41$61,702
Nov 202523011,52058.593.93$58,708
Oct 2025111,71659.383.30$38,779
Sep 202523912,02562.743.08$51,995
Aug 2025013,33863.933.01$40,211
Jul 20252328,55466.743.32$43,842
Jun 2025111,08666.483.13$34,751
May 202517911,92760.553.23$49,390
Apr 20255212,70262.363.54$48,247
Mar 202519114,02167.704.27$72,777
Feb 202524112,67470.884.34$72,098
Jan 2025214,07474.324.28$60,367
Dec 202422914,61068.993.12$61,402
Nov 202424114,48369.052.20$48,481
Oct 202418915,98471.372.28$49,955
Sep 2024413,19969.612.36$31,486
Aug 202418612,63275.632.06$40,135
Jul 202422815,04879.932.15$50,526
Jun 202419614,96978.082.63$54,732
May 202418916,38678.812.20$50,919
Apr 202417116,50184.451.66$41,819
Mar 202419319,25180.301.55$45,243
Feb 202419515,01176.091.78$41,612
Jan 202419512,74273.023.30$56,258
Dec 202322317,77871.262.61$62,304
Nov 202323719,26877.892.81$72,556
Oct 202318220,51085.443.09$78,870
Sep 20235119,30489.042.74$57,338
Aug 202319421,49480.522.67$73,072
Jul 202324624,27274.852.64$82,535
Jun 202323525,15568.962.26$73,018
May 202324426,26770.622.23$75,738
Apr 202322919,96878.122.24$62,573
Mar 202323720,02072.852.39$65,177
Feb 202324622,43675.112.47$73,797
Jan 202342226,76576.533.39$122,968
Dec 202224025,09676.415.73$162,115
Nov 202243127,04685.005.65$189,342
Oct 202223627,41487.185.86$181,324
Sep 202224528,55584.888.16$253,909
Aug 202241730,71594.529.13$319,756
Jul 202223129,486101.587.54$245,851
Jun 202237829,586115.097.98$279,517
May 202242130,568109.378.43$303,826
Apr 202242529,770104.226.84$247,849
Mar 202243029,802108.885.08$198,105
Feb 202224528,95991.054.86$163,014
Jan 202258033,78281.844.54$200,759
Dec 202137430,05771.323.90$143,870
Nov 202137232,00477.435.24$196,404
Oct 202142734,80479.795.71$232,936
Sep 202153634,11369.865.35$219,981
Aug 202142436,20566.024.22$180,799
Jul 202137438,34770.783.98$179,173
Jun 202161439,18769.493.38$175,143
May 202136842,13563.483.02$150,510
Apr 202157742,58260.362.76$152,287
Mar 202157543,22361.302.72$152,682
Feb 202138639,53157.805.55$241,627
Jan 202158346,11050.412.81$158,971
Dec 202087049,55244.642.68$171,411
Nov 202050950,82338.772.71$157,290
Oct 202066656,09736.972.48$163,655
Sep 202086057,98537.091.99$147,348
Aug 202071965,50439.982.39$184,979
Jul 202089385,04438.371.83$189,480
Jun 20202093,27034.901.69$12,821
May 20201,12388,75716.921.81$180,073
Apr 20201,14771,86114.751.80$146,583
Mar 202076279,59730.341.86$170,869
Feb 20201,08278,81049.881.98$210,067
Jan 20201,01390,55057.252.09$247,673
Dec 20191,25997,45059.012.30$298,853
Nov 2019788101,77955.302.75$323,540
Oct 20191,402113,18853.472.42$348,715
Sep 20191,758118,21455.052.66$410,906
Aug 20191,904134,22653.112.30$410,426
Jul 20192,469153,37856.272.46$516,250
Jun 20192,089153,12852.782.49$491,730
May 20192,845175,43658.482.74$647,126
Apr 20193,121187,00162.632.75$709,852
Mar 20193,663209,49256.803.06$849,544
Feb 20191,955166,45850.852.79$564,199
Jan 20192327,15546.033.23$88,720

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             5 bbl  × $106.41 =       $532
Gas               11,298 Mcf  × $  3.05 =    $34,412

────────────────────────────────────────────────────
Month total                                  $34,944

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/286936 is the state's own key, not one this site invented.