MineralRecord
Log inSign up

LESSARD

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 287220District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.7 M
Apr 2019 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
86
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-1112020-04-08226524

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
CondensateDisposition197,524 bbl$11,699,550
GasProduction5,414,474 Mcf$16,978,140
Total$28,677,689

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 30.2057, -96.6146. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20570, -96.61461 · 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
12,289 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 12,289 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-477311031H12,289 ftSep 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 (86)

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

86 months

May 202638014,469106.413.05$84,506
Apr 202637614,81298.932.87$79,704
Mar 202655016,73889.753.15$102,078
Feb 202655916,82863.503.75$98,607
Jan 202656818,05059.138.00$177,948
Dec 202539217,45556.664.41$99,246
Nov 202541115,78058.593.93$86,040
Oct 202549216,60059.383.30$84,075
Sep 202554916,49062.743.08$85,183
Aug 202550617,46263.933.01$84,992
Jul 202537919,92766.743.32$91,356
Jun 202538614,54266.483.13$71,159
May 202567218,21560.553.23$99,566
Apr 202557720,75962.363.54$109,533
Mar 202569921,90767.704.27$140,828
Feb 202557616,32770.884.34$111,700
Jan 202557818,57074.324.28$122,412
Dec 202457519,61968.993.12$100,907
Nov 202456718,69169.052.20$80,242
Oct 202450920,36371.372.28$82,783
Sep 202457620,58969.612.36$88,775
Aug 202467821,65275.632.06$95,959
Jul 202458521,23979.932.15$92,350
Jun 202439216,51778.082.63$74,113
May 202469619,49478.812.20$97,708
Apr 202458720,11884.451.66$82,952
Mar 202477423,04480.301.55$97,758
Feb 202485822,39276.091.78$105,224
Jan 202458819,74473.023.30$108,045
Dec 202372020,19371.262.61$104,025
Nov 202358418,52577.892.81$97,498
Oct 202377523,58185.443.09$139,017
Sep 202371721,72489.042.74$123,258
Aug 202374922,61180.522.67$120,746
Jul 202392321,03374.852.64$124,652
Jun 202361022,02268.962.26$91,802
May 20231,03424,59970.622.23$127,813
Apr 202375328,53778.122.24$122,683
Mar 20231,31231,38272.852.39$170,681
Feb 20231,19727,50075.112.47$157,713
Jan 202312,77676.533.39$9,481
Dec 202201,38776.415.73$7,946
Nov 20220085.005.65$0
Oct 202269114,39087.185.86$144,621
Sep 20221,70059,39184.888.16$629,145
Aug 20221,78858,58494.529.13$703,707
Jul 20221,87457,552101.587.54$624,423
Jun 20221,77856,609115.097.98$656,211
May 20221,93859,140109.378.43$710,689
Apr 20222,15458,286104.226.84$623,026
Mar 20221,76360,097108.885.08$497,032
Feb 20222,43062,39491.054.86$524,414
Jan 20221,99456,39281.844.54$419,078
Dec 20212,13859,62971.323.90$384,983
Nov 20211,94357,49577.435.24$451,539
Oct 20211,99559,39179.795.71$498,534
Sep 20212,38962,44269.865.35$501,018
Aug 20212,38367,25666.024.22$441,186
Jul 20212,56171,69770.783.98$466,771
Jun 20212,44269,35669.493.38$404,161
May 20212,62577,57763.483.02$400,737
Apr 20212,69077,07460.362.76$374,971
Mar 20212,86583,79461.302.72$403,288
Feb 20212,21172,33757.805.55$529,118
Jan 20213,14789,31850.412.81$409,648
Dec 20203,32594,16444.642.68$400,360
Nov 20202,91795,07338.772.71$370,414
Oct 20203,881103,90636.972.48$401,004
Sep 20203,548106,97937.091.99$344,595
Aug 20204,138118,45539.982.39$447,964
Jul 20204,008128,70538.371.83$388,689
Jun 20206,106163,63934.901.69$489,700
May 202006316.921.81$114
Apr 20204,723128,24914.751.80$301,074
Mar 20204,673140,08230.341.86$401,803
Feb 20205,065138,66849.881.98$527,298
Jan 20205,153156,62457.252.09$623,096
Dec 20196,767169,95959.012.30$790,967
Nov 20197,333187,39355.302.75$920,977
Oct 20198,442217,90653.472.42$978,408
Sep 20198,931220,82455.052.66$1,078,443
Aug 20199,440245,94453.112.30$1,068,102
Jul 201910,444244,02656.272.46$1,188,002
Jun 201911,039247,02552.782.49$1,198,027
May 201911,761246,13958.482.74$1,362,283
Apr 20192,92166,18762.632.75$365,003

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           380 bbl  × $106.41 =    $40,436
Gas               14,469 Mcf  × $  3.05 =    $44,070

────────────────────────────────────────────────────
Month total                                  $84,506

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/287220 is the state's own key, not one this site invented.