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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 287712District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$47.9 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 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-1112020-04-07226507

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
CondensateDisposition159,241 bbl$9,695,846
GasProduction11,769,308 Mcf$38,244,459
Total$47,940,305

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 30.2274, -96.5878. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.22738, -96.58778 · 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
12,581 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 12,581 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-477311022H12,581 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 202637425,845106.413.05$118,517
Apr 202677150,79098.932.87$222,028
Mar 202638220,90589.753.15$100,124
Feb 202654948,44863.503.75$216,557
Jan 202658249,18059.138.00$427,751
Dec 202577753,69456.664.41$280,996
Nov 202556551,74358.593.93$236,269
Oct 202572855,86259.383.30$227,844
Sep 202557656,26462.743.08$209,258
Aug 202573857,68163.933.01$221,075
Jul 202569359,00766.743.32$241,871
Jun 202573457,91166.483.13$229,984
May 202555161,85360.553.23$233,292
Apr 202574358,58162.363.54$253,893
Mar 202577062,65067.704.27$319,539
Feb 202576157,48270.884.34$303,460
Jan 202574065,55074.324.28$335,464
Dec 202474066,51868.993.12$258,680
Nov 202474065,94969.052.20$196,082
Oct 202471466,18571.372.28$201,953
Sep 202473666,66669.612.36$208,855
Aug 202487171,05975.632.06$212,513
Jul 202474771,81579.932.15$213,865
Jun 202472471,24778.082.63$244,193
May 202491474,33678.812.20$235,456
Apr 202474073,80784.451.66$184,954
Mar 202493477,46380.301.55$194,691
Feb 202476274,00776.091.78$189,982
Jan 202494779,59573.023.30$331,627
Dec 202393982,49371.262.61$282,279
Nov 202375981,65977.892.81$288,381
Oct 20231,12084,25685.443.09$355,815
Sep 202380385,15989.042.74$304,412
Aug 202381889,59080.522.67$305,329
Jul 202391292,90774.852.64$313,705
Jun 202394089,71468.962.26$267,440
May 202392294,37770.622.23$275,327
Apr 20231,14694,11578.122.24$300,132
Mar 202394198,62572.852.39$304,577
Feb 20231,13090,89775.112.47$308,997
Jan 2023950102,77576.533.39$420,876
Dec 20221,121106,15276.415.73$693,809
Nov 20221,135105,09885.005.65$689,879
Oct 20221,118110,44387.185.86$745,078
Sep 20221,120109,36984.888.16$987,919
Aug 20221,140115,83894.529.13$1,165,025
Jul 20221,100119,436101.587.54$1,012,534
Jun 20221,330113,707115.097.98$1,060,133
May 20221,309121,978109.378.43$1,171,811
Apr 20221,301121,788104.226.84$968,328
Mar 20221,104131,823108.885.08$789,390
Feb 20221,289119,64491.054.86$698,695
Jan 20221,342135,64381.844.54$725,334
Dec 20211,506139,72371.323.90$652,205
Nov 20211,290139,86877.435.24$832,352
Oct 20211,518148,58879.795.71$970,134
Sep 20211,667146,36369.865.35$899,633
Aug 20211,659155,74866.024.22$766,876
Jul 20211,438158,74270.783.98$733,905
Jun 20211,865159,41669.493.38$668,524
May 20211,833168,70263.483.02$625,446
Apr 20211,737169,24660.362.76$571,697
Mar 20212,099183,26061.302.72$626,575
Feb 20211,347143,35157.805.55$873,161
Jan 20212,119210,07750.412.81$697,192
Dec 20202,319205,82844.642.68$654,205
Nov 20202,103208,20238.772.71$645,047
Oct 20202,474217,24236.972.48$629,883
Sep 20202,454216,28337.091.99$521,647
Aug 20202,838241,53939.982.39$689,558
Jul 20203,356263,19338.371.83$609,129
Jun 20204,111274,03534.901.69$606,678
May 2020031816.921.81$577
Apr 20202,605246,34614.751.80$482,926
Mar 20203,463258,54730.341.86$584,990
Feb 20203,434245,91249.881.98$658,358
Jan 20203,629267,31657.252.09$767,718
Dec 20194,979285,04459.012.30$950,655
Nov 20195,980309,88655.302.75$1,183,097
Oct 20196,708335,67153.472.42$1,170,511
Sep 20196,482321,44655.052.66$1,211,006
Aug 20196,647347,99253.112.30$1,154,921
Jul 20196,841346,60956.272.46$1,237,622
Jun 20196,997343,85552.782.49$1,225,913
May 20197,889346,59058.482.74$1,411,116
Apr 20196,642274,28462.632.75$1,170,461
Mar 201982040,50756.803.06$170,612

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           374 bbl  × $106.41 =    $39,797
Gas               25,845 Mcf  × $  3.05 =    $78,720

────────────────────────────────────────────────────
Month total                                 $118,517

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/287712 is the state's own key, not one this site invented.