BURNS CREEK

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 287417District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$57.6 M
Mar 2019 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
87
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-1112020-04-07226506

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
CondensateDisposition347,853 bbl$21,378,042
GasProduction11,021,798 Mcf$36,257,730
Total$57,635,771

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 30.2272, -96.5927. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.22720, -96.59266 · 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
12,387 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 12,387 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-477311011H12,387 ftMar 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 (87)

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

87 months

May 20263759,540106.413.05$68,961
Apr 20261972,22898.932.87$25,883
Mar 20261894,59589.753.15$31,434
Feb 20261,14645,32163.503.75$242,739
Jan 20261,31746,42559.138.00$449,178
Dec 20251,59050,68256.664.41$313,767
Nov 20251,17249,88358.593.93$264,530
Oct 20251,59252,39859.383.30$267,700
Sep 20251,56649,85962.743.08$251,663
Aug 20251,66852,30263.933.01$264,313
Jul 20251,31453,54166.743.32$265,195
Jun 20251,50352,56966.483.13$264,393
May 20251,69555,61860.553.23$282,407
Apr 20251,32151,35162.363.54$264,320
Mar 20251,71051,39967.704.27$335,154
Feb 20251,35648,69170.884.34$307,473
Jan 20251,54157,98174.324.28$362,609
Dec 20241,72959,95368.993.12$306,419
Nov 20241,50059,04169.052.20$233,373
Oct 20241,86063,53971.372.28$277,706
Sep 20241,87662,96169.612.36$279,451
Aug 20242,04866,65475.632.06$292,439
Jul 20241,89067,20179.932.15$295,321
Jun 20241,80967,11878.082.63$318,034
May 20241,88869,76478.812.20$302,165
Apr 20241,86968,38784.451.66$271,305
Mar 20242,07471,12780.301.55$276,443
Feb 20241,72569,21176.091.78$254,703
Jan 20241,85575,39673.023.30$384,082
Dec 20232,44976,95871.262.61$375,432
Nov 20231,91476,21577.892.81$363,060
Oct 20232,23979,57185.443.09$436,958
Sep 20232,26278,05389.042.74$414,887
Aug 20232,19683,45880.522.67$399,895
Jul 20231,84888,13574.852.64$371,158
Jun 20232,08085,28368.962.26$336,047
May 20232,04091,19370.622.23$347,188
Apr 20232,65590,31878.122.24$409,519
Mar 20232,40195,49172.852.39$403,438
Feb 20232,08988,70175.112.47$375,613
Jan 20231,88499,70776.533.39$481,962
Dec 20222,260101,31976.415.73$753,151
Nov 20222,664101,65685.005.65$800,410
Oct 20223,164107,44087.185.86$905,840
Sep 20223,004106,55284.888.16$1,124,836
Aug 20223,184112,31594.529.13$1,326,069
Jul 20223,548117,252101.587.54$1,244,730
Jun 20223,049116,351115.097.98$1,279,065
May 20223,690118,788109.378.43$1,405,319
Apr 20223,737119,997104.226.84$1,209,962
Mar 20223,532127,991108.885.08$1,034,298
Feb 20223,780116,40291.054.86$909,748
Jan 20224,003134,25681.844.54$936,816
Dec 20213,929137,77271.323.90$817,406
Nov 20214,595136,83077.435.24$1,072,349
Oct 20214,312148,78579.795.71$1,194,193
Sep 20214,423148,02969.865.35$1,101,082
Aug 20214,858156,62866.024.22$981,788
Jul 20215,061161,48970.783.98$1,001,280
Jun 20214,160159,74669.493.38$829,119
May 20215,019170,72863.483.02$833,807
Apr 20214,791172,11060.362.76$763,936
Mar 20215,922191,58961.302.72$883,554
Feb 20214,615158,37357.805.55$1,145,392
Jan 20216,344200,90250.412.81$884,390
Dec 20206,135204,27344.642.68$820,391
Nov 20206,247205,02238.772.71$797,103
Oct 20206,646217,03136.972.48$783,599
Sep 20206,913214,34637.091.99$683,175
Aug 20207,427221,04839.982.39$824,153
Jul 20207,434229,16838.371.83$703,502
Jun 20209,063249,07934.901.69$737,319
May 2020027416.921.81$497
Apr 20207,296223,37914.751.80$510,677
Mar 20208,374239,22730.341.86$698,127
Feb 20207,670226,94049.881.98$832,073
Jan 20208,642246,33557.252.09$1,010,762
Dec 20199,043252,51859.012.30$1,115,520
Nov 20198,993265,22055.302.75$1,226,854
Oct 201910,714290,39153.472.42$1,275,200
Sep 201910,811289,77455.052.66$1,365,156
Aug 201910,811304,38953.112.30$1,275,594
Jul 201911,398317,61556.272.46$1,422,717
Jun 201911,904313,77552.782.49$1,409,969
May 201912,587319,07758.482.74$1,610,461
Apr 20199,953243,09162.632.75$1,292,027
Mar 20192,71658,70856.803.06$334,039

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           375 bbl  × $106.41 =    $39,904
Gas                9,540 Mcf  × $  3.05 =    $29,057

────────────────────────────────────────────────────
Month total                                  $68,961

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/287417 is the state's own key, not one this site invented.