SOUTH GAY HILL FARMS 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 292831District 03Field 34773550CondensateGasSave
Value, all time
$20.6 M
Mar 2022 – May 2026
Value, last 12 filed months
$985 k
at the published price for each month
Months reported
51
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition389 bbl$36,018
GasProduction3,864,945 Mcf$20,610,169
Total$20,646,187

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 30.2486, -96.4590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.24861, -96.45900 · 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
14,421 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 14,421 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-477311841H14,421 ftOct 2022

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 (51)

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

51 months

May 2026325,095106.413.05$76,755
Apr 2026126,63098.932.87$76,520
Mar 2026629,80789.753.15$94,414
Feb 20261228,73463.503.75$108,524
Jan 2026632,45059.138.00$259,887
Dec 20251619,98356.664.41$89,099
Nov 20251058.593.93$59
Oct 2025016459.383.30$542
Sep 2025217,16762.743.08$52,947
Aug 2025123,48363.933.01$70,860
Jul 2025124,37666.743.32$80,878
Jun 2025323,74466.483.13$74,488
May 2025325,47260.553.23$82,515
Apr 2025226,10762.363.54$92,625
Mar 2025127,83267.704.27$118,864
Feb 2025125,42370.884.34$110,428
Jan 2025529,23074.324.28$125,437
Dec 2024032,78668.993.12$102,337
Nov 2024124,77769.052.20$54,540
Oct 2024132,03971.372.28$73,165
Sep 2024127,64569.612.36$65,432
Aug 2024227,83375.632.06$57,588
Jul 2024529,89779.932.15$64,576
Jun 2024335,35378.082.63$93,353
May 2024639,47678.812.20$87,258
Apr 2024741,86884.451.66$70,059
Mar 2024449,21880.301.55$76,369
Feb 2024544,49176.091.78$79,736
Jan 2024652,68773.023.30$174,182
Dec 2023249,96571.262.61$130,587
Nov 2023151,06477.892.81$143,443
Oct 2023254,80885.443.09$169,379
Sep 2023457,61689.042.74$157,938
Aug 2023363,39880.522.67$169,697
Jul 2023368,15374.852.64$180,271
Jun 2023968,74368.962.26$155,875
May 2023177,12970.622.23$171,868
Apr 2023380,05478.122.24$179,376
Mar 2023588,71672.852.39$212,676
Feb 2023487,83675.112.47$216,876
Jan 20232103,68276.533.39$351,399
Dec 20225113,40376.415.73$650,077
Nov 20224122,62585.005.65$692,705
Oct 202210137,66387.185.86$808,095
Sep 202218156,11584.888.16$1,276,001
Aug 20227185,83094.529.13$1,696,762
Jul 202210221,528101.587.54$1,671,798
Jun 20227264,836115.097.98$2,113,455
May 202221363,265109.378.43$3,065,725
Apr 202221414,276104.226.84$2,834,842
Mar 2022142210,473108.885.08$1,083,906

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             3 bbl  × $106.41 =       $319
Gas               25,095 Mcf  × $  3.05 =    $76,435

────────────────────────────────────────────────────
Month total                                  $76,755

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/292831 is the state's own key, not one this site invented.