FREIS UNIT

Operated by GEOSOUTHERN OPERATING II, LLC (P-5 301273) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27342District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$13.5 M
Jan 2018 – May 2026
Value, last 12 filed months
$637 k
at the published price for each month
Months reported
101
no gaps in the span
Streams
2
oil, casinghead 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and 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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition169,560 bbl$10,558,251
Casinghead gasProduction918,679 Mcf$2,951,036
Total$13,509,286

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 29.7420, -96.7842. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.74204, -96.78418 · 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
13,714 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 13,714 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-149334391H13,714 ftJan 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 (101)

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

101 months

May 20267403,772106.413.05$90,232
Apr 20263933,84798.932.87$49,919
Mar 20265693,54289.753.15$62,223
Feb 20265513,42763.503.75$47,841
Jan 20263783,76259.138.00$52,439
Dec 20257523,55156.664.41$58,280
Nov 20255613,76158.593.93$47,636
Oct 20255653,82059.383.30$46,174
Sep 20253953,95862.743.08$36,961
Aug 20255664,26063.933.01$49,027
Jul 20255183,91966.743.32$47,564
Jun 20255683,65566.483.13$49,196
May 20255804,05560.553.23$48,226
Apr 20257564,51662.363.54$63,145
Mar 20255824,72067.704.27$59,548
Feb 20259845,66070.884.34$94,315
Jan 202501,40874.324.28$6,024
Dec 20243782,31168.993.12$33,292
Nov 20247684,70769.052.20$63,378
Oct 20245695,08271.372.28$52,204
Sep 20245724,03369.612.36$49,352
Aug 20247164,31475.632.06$63,054
Jul 20247303,96879.932.15$66,867
Jun 20245354,01878.082.63$52,356
May 20249415,51178.812.20$86,276
Apr 202420190384.451.66$18,473
Mar 20247733,84680.301.55$68,014
Feb 20247833,79676.091.78$66,349
Jan 20243603,86873.023.30$39,043
Dec 20239114,60171.262.61$76,930
Nov 20237684,34077.892.81$72,004
Oct 20237403,78985.443.09$74,923
Sep 20235554,20889.042.74$60,926
Aug 20237594,47080.522.67$73,062
Jul 20237564,79474.852.64$69,251
Jun 20237645,01868.962.26$64,018
May 20239555,39170.622.23$79,450
Apr 20235755,01678.122.24$56,144
Mar 20237805,23772.852.39$69,356
Feb 20238055,02175.112.47$72,844
Jan 20231,1705,71776.533.39$108,908
Dec 20223884,48576.415.73$55,342
Nov 20229774,88885.005.65$110,644
Oct 20227794,26887.185.86$92,940
Sep 20229235,40184.888.16$122,436
Aug 20229226,01694.529.13$142,056
Jul 20229355,524101.587.54$136,640
Jun 20229275,711115.097.98$152,246
May 20221,1256,193109.378.43$175,267
Apr 20229016,167104.226.84$136,070
Mar 20221,0884,866108.885.08$143,163
Feb 20229345,10491.054.86$109,840
Jan 20229165,83181.844.54$101,425
Dec 20211,0726,34471.323.90$101,191
Nov 20219026,27777.435.24$102,714
Oct 20211,0806,36679.795.71$122,548
Sep 20211,2176,60469.865.35$120,357
Aug 20211,0747,01866.024.22$100,526
Jul 20211,0866,85670.783.98$104,168
Jun 20211,0786,90569.493.38$98,253
May 20211,2377,91063.483.02$102,395
Apr 20211,2396,86960.362.76$93,734
Mar 20211,5538,14261.302.72$117,320
Feb 20217076,28057.805.55$75,706
Jan 20211,2307,41750.412.81$82,848
Dec 20201,2297,62844.642.68$75,271
Nov 20201,4058,11738.772.71$76,441
Oct 20201,4348,54236.972.48$74,186
Sep 20201,4248,44737.091.99$69,634
Aug 20201,4289,36739.982.39$79,433
Jul 20201,7699,70738.371.83$85,593
Jun 20201,94414,57934.901.69$92,489
May 202017721016.921.81$3,376
Apr 20201,5659,45014.751.80$40,135
Mar 20201,60310,15630.341.86$67,487
Feb 20201,80310,10349.881.98$109,944
Jan 20201,64910,72657.252.09$116,873
Dec 20191,99911,25059.012.30$143,885
Nov 20192,17614,35355.302.75$159,814
Oct 20191,79412,33353.472.42$125,753
Sep 20192,09112,73155.052.66$148,939
Aug 20192,16913,91453.112.30$147,258
Jul 20192,44914,26656.272.46$172,900
Jun 20192,36615,29052.782.49$162,968
May 20191,96112,13258.482.74$147,925
Apr 20192,63814,32762.632.75$204,627
Mar 20192,65814,09956.803.06$194,147
Feb 20193,04415,29850.852.79$197,503
Jan 20193,07715,22046.033.23$190,767
Dec 20183,02915,09546.594.19$204,300
Nov 20182,91715,62152.934.24$220,587
Oct 20184,68221,17161.443.40$359,603
Sep 20183,73423,85459.543.11$296,461
Aug 20185,01227,57659.403.07$382,276
Jul 20184,99123,39065.142.93$393,690
Jun 20186,94128,15760.183.08$504,346
May 20186,36726,42965.382.90$492,940
Apr 20188,56338,13063.842.90$657,269
Mar 201812,42053,21161.222.79$908,643
Feb 201813,55751,39261.782.77$979,708
Jan 20188835,37462.874.01$77,060

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
Oil                  740 bbl  × $106.41 =    $78,743
Casinghead gas     3,772 Mcf  × $  3.05 =    $11,489

────────────────────────────────────────────────────
Month total                                  $90,232

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/O/27342 is the state's own key, not one this site invented.