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HERBRICH

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 27362District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.7 M
Feb 2018 – May 2026
Value, last 12 filed months
$490 k
at the published price for each month
Months reported
100
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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
OilDisposition134,496 bbl$8,480,125
Casinghead gasProduction672,017 Mcf$2,187,467
Total$10,667,591

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 29.8016, -96.7847. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.80165, -96.78472 · 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
13,137 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 13,137 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-149334291H13,137 ftFeb 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 (100)

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

100 months

May 20265621,192106.413.05$63,433
Apr 20261831,21398.932.87$21,585
Mar 20265602,01789.753.15$56,612
Feb 20263781,34163.503.75$29,032
Jan 20263731,89559.138.00$37,212
Dec 20253852,35656.664.41$32,212
Nov 20253842,60858.593.93$32,739
Oct 20255721,95159.383.30$40,413
Sep 20255882,04862.743.08$43,193
Aug 20255532,87163.933.01$44,009
Jul 20255272,68466.743.32$44,070
Jun 20255742,34666.483.13$45,500
May 20255612,49260.553.23$42,023
Apr 20255852,54962.363.54$45,512
Mar 20255632,46667.704.27$48,641
Feb 20257623,46670.884.34$69,056
Jan 2025082974.324.28$3,547
Dec 20243911,42368.993.12$31,417
Nov 20245522,59769.052.20$43,825
Oct 20245833,44371.372.28$49,464
Sep 20247362,86869.612.36$58,014
Aug 20247503,08275.632.06$63,083
Jul 20243762,96679.932.15$36,420
Jun 20247552,27678.082.63$64,945
May 20245603,21978.812.20$51,210
Apr 202420071484.451.66$18,075
Mar 20247863,42980.301.55$68,414
Feb 20247943,22676.091.78$66,169
Jan 20245933,94273.023.30$56,300
Dec 20237345,42071.262.61$66,455
Nov 20235663,80077.892.81$54,754
Oct 20237564,26085.443.09$77,744
Sep 20237343,41189.042.74$74,685
Aug 20237184,03780.522.67$68,604
Jul 20238242,50974.852.64$68,305
Jun 20237923,02568.962.26$61,448
May 20239484,33670.622.23$76,606
Apr 20235884,51778.122.24$56,043
Mar 20231,0164,48072.852.39$84,737
Feb 20236035,23875.112.47$58,207
Jan 20231,1434,68876.533.39$103,355
Dec 20229664,16376.415.73$97,662
Nov 20227603,81385.005.65$86,129
Oct 20227743,64887.185.86$88,868
Sep 20229292,84084.888.16$102,038
Aug 20221,1104,87094.529.13$149,366
Jul 20221,1364,466101.587.54$149,078
Jun 20229152,596115.097.98$126,016
May 20228994,560109.378.43$136,778
Apr 20229233,269104.226.84$118,547
Mar 20221,2824,857108.885.08$164,240
Feb 20227294,98591.054.86$90,597
Jan 20229263,45381.844.54$91,452
Dec 20211,0743,89271.323.90$91,773
Nov 20211,2585,19877.435.24$124,628
Oct 20219005,10679.795.71$100,986
Sep 20219105,76169.865.35$94,399
Aug 20211,2537,19566.024.22$113,090
Jul 20211,0665,93670.783.98$99,089
Jun 20211,0796,63069.493.38$97,393
May 20211,0917,23263.483.02$91,080
Apr 20219025,68960.362.76$70,137
Mar 20211,6006,01261.302.72$114,414
Feb 20213653,15857.805.55$38,617
Jan 20211,2363,53050.412.81$72,227
Dec 20201,2275,30644.642.68$68,969
Nov 20201,0424,52638.772.71$52,648
Oct 20201,2124,47136.972.48$55,889
Sep 20201,3824,86637.091.99$60,947
Aug 20201,2705,40839.982.39$63,673
Jul 20201,2225,51338.371.83$56,950
Jun 20201,8119,46134.901.69$79,196
May 20201795616.921.81$3,130
Apr 20201,4257,33014.751.80$34,245
Mar 20201,6438,15230.341.86$64,981
Feb 20201,2855,77849.881.98$75,540
Jan 20201,6207,25257.252.09$107,936
Dec 20191,6197,31659.012.30$112,396
Nov 20191,8176,94955.302.75$119,595
Oct 20191,81310,21653.472.42$121,649
Sep 20191,5779,04755.052.66$110,854
Aug 20191,60911,32353.112.30$111,546
Jul 20192,11911,92356.272.46$148,567
Jun 20191,75211,56552.782.49$121,281
May 20191,7508,84858.482.74$126,586
Apr 20191,7448,37162.632.75$132,253
Mar 20192,2957,69756.803.06$153,925
Feb 20191,5825,91850.852.79$96,969
Jan 20192,92614,48946.033.23$181,457
Dec 20182,53116,52346.594.19$187,075
Nov 20183,43021,61852.934.24$273,151
Oct 20184,72624,71761.443.40$374,356
Sep 20183,77324,02259.543.11$299,305
Aug 20185,19427,68859.403.07$393,431
Jul 20185,24131,22165.142.93$432,935
Jun 20185,09423,04060.183.08$377,449
May 20187,71242,99265.382.90$628,922
Apr 20186,90830,75063.842.90$530,206
Mar 20183,27515,57661.222.79$243,903
Feb 20180061.782.77$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
Oil                  562 bbl  × $106.41 =    $59,802
Casinghead gas     1,192 Mcf  × $  3.05 =     $3,631

────────────────────────────────────────────────────
Month total                                  $63,433

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/27362 is the state's own key, not one this site invented.