HIELSCHER

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 290245District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Aug 2019 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
82
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-1112023-12-12233399

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
CondensateDisposition38,051 bbl$2,843,818
GasProduction1,411,043 Mcf$4,100,471
Total$6,944,289

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 30.1831, -96.6111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.18311, -96.61115 · 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
12,625 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 12,625 ft.

Completions filed
Jul 2023
1 of 1 wells

1 well

42-477311182H12,625 ftJul 2023

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 (82)

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

82 months

May 202640021,292106.413.05$107,416
Apr 202647621,78298.932.87$109,599
Mar 202656624,26389.753.15$127,213
Feb 202669723,83263.503.75$133,637
Jan 202649322,59759.138.00$209,880
Dec 202576126,51356.664.41$160,130
Nov 202583927,40158.593.93$156,745
Oct 202563330,86659.383.30$139,595
Sep 202563331,01662.743.08$135,148
Aug 202595035,64963.933.01$168,207
Jul 20251,02433,98966.743.32$181,022
Jun 202573521,63466.483.13$116,550
May 202589926,79260.553.23$141,035
Apr 202582327,16862.363.54$147,582
Mar 202584823,28967.704.27$156,815
Feb 202583624,70170.884.34$166,479
Jan 202585527,96174.324.28$183,180
Dec 202471928,03068.993.12$137,096
Nov 202462427,20369.052.20$102,891
Oct 202473731,67571.372.28$124,863
Sep 202485131,00469.612.36$132,543
Aug 20241,23036,24175.632.06$167,813
Jul 20241,13435,17079.932.15$166,136
Jun 202490932,46778.082.63$156,492
May 20241,07433,55178.812.20$158,402
Apr 20241,35344,10384.451.66$187,437
Mar 20241,73258,71680.301.55$229,803
Feb 20241,10843,97776.091.78$162,747
Jan 20241,41848,20673.023.30$262,509
Dec 20231,78964,11971.262.61$294,881
Nov 20231,81569,58577.892.81$336,734
Oct 20232,27778,87285.443.09$438,047
Sep 20231,93994,66789.042.74$431,567
Aug 20231,870101,35780.522.67$421,488
Jul 20233,004101,35574.852.64$492,609
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0

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           400 bbl  × $106.41 =    $42,564
Gas               21,292 Mcf  × $  3.05 =    $64,852

────────────────────────────────────────────────────
Month total                                 $107,416

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/290245 is the state's own key, not one this site invented.