LANNISTER UNIT

Operated by TEXAS AMERICAN RESOURCES COMPANY (P-5 844344) 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 289874District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Mar 2020 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
75
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-1112020-11-09228233

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
CondensateDisposition13,543 bbl$678,106
GasProduction898,991 Mcf$2,979,502
Total$3,657,608

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 30.3035, -96.6292. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.30353, -96.62922 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,919 ft
1 wells filed one
Completion to plug
4.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,919 ft.

Completions filed
Mar 2020
1 of 1 wells
Plug dates filed
Dec 2024
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-051343122H9,919 ftMar 2020Dec 2024Yes

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 (75)

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

75 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202476080.301.55$6,103
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023010474.852.64$275
Jun 20231803,03368.962.26$19,263
May 2023030170.622.23$670
Apr 202306,58278.122.24$14,729
Mar 20231894,48472.852.39$24,500
Feb 202319212,83775.112.47$46,073
Jan 202318317,22676.533.39$72,362
Dec 202218312,30976.415.73$84,502
Nov 20221719,49985.005.65$68,168
Oct 202205,11287.185.86$29,976
Sep 20221865,63284.888.16$61,766
Aug 202288,03794.529.13$74,111
Jul 20221997,295101.587.54$75,234
Jun 202227,778115.097.98$62,277
May 20221619,590109.378.43$98,481
Apr 20221937,793104.226.84$73,400
Mar 20221817,922108.885.08$59,923
Feb 202204,23891.054.86$20,592
Jan 202237417,97281.844.54$112,159
Dec 202118619,44071.323.90$89,064
Nov 202119015,51077.435.24$95,935
Oct 202119216,03279.795.71$106,924
Sep 202136524,03869.865.35$154,124
Aug 202137428,03066.024.22$142,995
Jul 202137529,30170.783.98$143,221
Jun 202137731,42769.493.38$132,440
May 202117935,20063.483.02$117,585
Apr 202135430,28160.362.76$104,895
Mar 202156139,23961.302.72$140,999
Feb 202118025,53957.805.55$152,093
Jan 202136043,45550.412.81$140,268
Dec 202055446,31344.642.68$148,639
Nov 202072049,03138.772.71$160,620
Oct 202072054,32236.972.48$161,252
Sep 202053250,67037.091.99$120,618
Aug 202053253,98039.982.39$150,017
Jul 20201,24062,04838.371.83$160,824
Jun 202017795834.901.69$7,797
May 20201,08249,62916.921.81$108,372
Apr 20201,63241,29214.751.80$98,578
Mar 20201835,51230.341.86$15,784

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.

Mar 2024 — as filed, then multipliedworked
Condensate            76 bbl  × $ 80.30 =     $6,103
Gas                    0 Mcf  × $  1.55 =         $0

────────────────────────────────────────────────────
Month total                                   $6,103

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/289874 is the state's own key, not one this site invented.