BAUER-KOENIG UNIT

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 290860District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.5 M
Dec 2020 – May 2026
Value, last 12 filed months
$611 k
at the published price for each month
Months reported
66
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-1112021-06-30228980

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
CondensateDisposition44,256 bbl$3,211,602
GasProduction2,501,366 Mcf$10,313,546
Total$13,525,147

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 29.9394, -96.6543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.93942, -96.65434 · 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
13,730 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 13,730 ft.

Completions filed
Jul 2021
1 of 1 wells

1 well

42-149335131H13,730 ftJul 2021

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 (66)

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

66 months

May 20261828,938106.413.05$46,590
Apr 20262288,89398.932.87$48,076
Mar 20261939,18889.753.15$46,259
Feb 20261668,69163.503.75$43,135
Jan 202622110,47259.138.00$96,822
Dec 202517410,06856.664.41$54,293
Nov 20252188,84558.593.93$47,502
Oct 2025399,72059.383.30$34,439
Sep 202519010,29462.743.08$43,594
Aug 202523411,41563.933.01$49,373
Jul 202521011,73566.743.32$52,919
Jun 202520010,95266.483.13$47,562
May 202517911,93860.553.23$49,426
Apr 202522211,99162.363.54$56,329
Mar 202538213,13667.704.27$81,930
Feb 202519211,92870.884.34$65,387
Jan 202521113,41674.324.28$73,084
Dec 202418613,21968.993.12$54,094
Nov 202440314,10569.052.20$58,836
Oct 202419513,23471.372.28$44,109
Sep 202423514,50369.612.36$50,649
Aug 202423015,50975.632.06$49,400
Jul 202441417,03379.932.15$69,654
Jun 202423915,87178.082.63$60,465
May 202436522,16478.812.20$77,492
Apr 202440619,48284.451.66$66,611
Mar 2024358,39780.301.55$15,785
Feb 202435814,38276.091.78$52,893
Jan 202439215,05473.023.30$78,267
Dec 202322414,80871.262.61$54,622
Nov 202323013,72877.892.81$56,457
Oct 202346817,23785.443.09$93,201
Sep 202327418,17289.042.74$74,098
Aug 202347225,43280.522.67$105,982
Jul 202327424,56274.852.64$85,397
Jun 202339620,97368.962.26$74,675
May 202334522,37470.622.23$74,200
Apr 202345625,68478.122.24$93,097
Mar 202349725,76972.852.39$97,876
Feb 202343423,75575.112.47$91,170
Jan 202346527,71476.533.39$129,474
Dec 202242125,74976.415.73$179,687
Nov 202240427,72585.005.65$190,881
Oct 202270832,09287.185.86$249,903
Sep 202253033,00584.888.16$314,429
Aug 202251935,88394.529.13$376,566
Jul 202272838,677101.587.54$365,655
Jun 202254938,500115.097.98$370,307
May 202280442,041109.378.43$442,467
Apr 202276844,791104.226.84$386,304
Mar 202268152,250108.885.08$339,389
Feb 202285847,49091.054.86$308,867
Jan 202296655,93181.844.54$332,854
Dec 20211,07262,78471.323.90$321,257
Nov 20211,38361,40977.435.24$428,675
Oct 20211,36968,83679.795.71$502,552
Sep 20211,55672,77669.865.35$498,121
Aug 20211,41383,23666.024.22$444,591
Jul 20211,69690,82270.783.98$481,703
Jun 20212,102104,45169.493.38$499,177
May 20212,545127,73363.483.02$547,013
Apr 20212,660149,37660.362.76$572,599
Mar 20213,171203,56261.302.72$747,448
Feb 20213,390217,43557.805.55$1,402,261
Jan 20212,529160,03150.412.81$577,217
Dec 20200044.642.68$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           182 bbl  × $106.41 =    $19,367
Gas                8,938 Mcf  × $  3.05 =    $27,224

────────────────────────────────────────────────────
Month total                                  $46,590

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/290860 is the state's own key, not one this site invented.