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MORGAN

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) 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 288227District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.3 M
Mar 2018 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
99
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-1112021-07-29229148

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
CondensateDisposition15,277 bbl$919,256
GasProduction6,886,318 Mcf$22,357,792
Total$23,277,048

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 30.2210, -96.5658. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.22101, -96.56582 · 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
12,544 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 12,544 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-477310501H12,544 ftMar 2018——

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 (99)

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

99 months

May 202611521,582106.413.05$77,972
Apr 2026221,36198.932.87$61,498
Mar 2026223,64989.753.15$74,661
Feb 2026220,92663.503.75$78,606
Jan 2026221,03659.138.00$168,363
Dec 202518421,69956.664.41$106,191
Nov 2025019,75758.593.93$77,575
Oct 2025022,72959.383.30$75,116
Sep 2025021,48962.743.08$66,120
Aug 2025024,86263.933.01$74,953
Jul 2025022,62766.743.32$75,013
Jun 2025026,10566.483.13$81,675
May 2025331,81160.553.23$103,005
Apr 2025018,04462.363.54$63,932
Mar 202517213,43667.704.27$68,994
Feb 2025022,26270.884.34$96,636
Jan 2025027,43674.324.28$117,390
Dec 2024022,92868.993.12$71,567
Nov 2024025,70569.052.20$56,511
Oct 2024027,70371.372.28$63,202
Sep 2024026,30769.612.36$62,199
Aug 202417227,15375.632.06$69,042
Jul 2024031,17379.932.15$66,916
Jun 2024129,89578.082.63$78,821
May 2024033,13578.812.20$72,845
Apr 2024036,06184.451.66$59,832
Mar 2024721,76280.301.55$34,187
Feb 2024023,47076.091.78$41,862
Jan 2024026,14173.023.30$86,204
Dec 202334427,35771.262.61$95,935
Nov 2023026,80377.892.81$75,251
Oct 202312630,33585.443.09$104,418
Sep 2023038,73889.042.74$105,950
Aug 2023010,42380.522.67$27,859
Jul 20239231,54874.852.64$90,230
Jun 202312227,40968.962.26$70,316
May 202311929,94470.622.23$75,101
Apr 2023030,03378.122.24$67,207
Mar 202328829,55872.852.39$91,718
Feb 202317028,37175.112.47$82,723
Jan 202317632,58676.533.39$123,862
Dec 202217934,49976.415.73$211,325
Nov 202217935,87085.005.65$217,744
Oct 2022037,53687.185.86$220,102
Sep 2022036,61284.888.16$298,889
Aug 2022040,10094.529.13$365,999
Jul 2022038,676101.587.54$291,697
Jun 202217340,059115.097.98$339,469
May 2022041,518109.378.43$350,123
Apr 2022041,555104.226.84$284,136
Mar 202217744,650108.885.08$245,933
Feb 2022042,05491.054.86$204,334
Jan 202218445,83581.844.54$223,043
Dec 202118240,19171.323.90$169,690
Nov 202118337,31477.435.24$209,578
Oct 202118742,30879.795.71$256,663
Sep 2021041,71869.865.35$223,230
Aug 202118239,29466.024.22$177,860
Jul 202117845,95170.783.98$195,579
Jun 202117745,26469.493.38$165,320
May 202117752,03163.483.02$168,248
Apr 202116053,34060.362.76$156,792
Mar 202136958,87061.302.72$182,566
Feb 202117644,55957.805.55$257,384
Jan 202119657,41950.412.81$171,243
Dec 202019059,90144.642.68$168,744
Nov 202036662,94838.772.71$184,563
Oct 2020062,27036.972.48$154,332
Sep 202017367,63237.091.99$141,075
Aug 202017362,17439.982.39$155,208
Jul 202017758,97338.371.83$114,424
Jun 202017359,66534.901.69$106,890
May 202018770,43416.921.81$130,984
Apr 202017371,17614.751.80$130,980
Mar 202035176,70930.341.86$153,039
Feb 202035575,76249.881.98$167,767
Jan 202053482,93457.252.09$204,297
Dec 201936186,14659.012.30$219,814
Nov 201917687,76555.302.75$251,148
Oct 201935094,48353.472.42$247,225
Sep 201917496,10355.052.66$264,951
Aug 2019175102,95953.112.30$246,549
Jul 2019168109,59156.272.46$279,054
Jun 2019183109,46052.782.49$282,345
May 2019358113,84458.482.74$332,905
Apr 201937195,59662.632.75$286,192
Mar 2019020,36256.803.06$62,350
Feb 20198356,74950.852.79$162,676
Jan 2019366213,05946.033.23$704,640
Dec 2018376226,78446.594.19$966,709
Nov 2018196235,75152.934.24$1,009,308
Oct 2018379263,11161.443.40$917,358
Sep 2018374275,72159.543.11$879,209
Aug 2018563308,56459.403.07$979,672
Jul 2018381336,14665.142.93$1,010,358
Jun 2018895354,83060.183.08$1,145,645
May 2018762400,03765.382.90$1,210,247
Apr 2018576327,56463.842.90$986,969
Mar 2018068,54361.222.79$191,018

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           115 bbl  × $106.41 =    $12,237
Gas               21,582 Mcf  × $  3.05 =    $65,735

────────────────────────────────────────────────────
Month total                                  $77,972

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/288227 is the state's own key, not one this site invented.