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Producing

DRC III

DRC III is an oil lease in Burleson County, Texas, operated by Iron Jaw Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

1,340bbl oil, last 12 months+88% vs prior year
Operator
Iron Jaw Operating LLC
County
Burleson County
Field
Giddings (Austin Chalk-3)
RRC lease
03-21464

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County
Gas, last 12 months
8,584 mcf
Oil in Jul 2026
237 bbl

Production by month

Oil output rose 88% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 88% over the last 12 monthsMonthly oil production and gas for DRC III, Aug 2023 to Jul 2026. Oil output rose 88% over the last 12 months. 1,340 bbl in the 12 months through Jul 2026, against 713 bbl in the 12 months before.Last 12 months: 1,340 bblbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 88% over the last 12 monthsMonthly oil production and gas for DRC III, Aug 2023 to Jul 2026. Oil output rose 88% over the last 12 months. 1,340 bbl in the 12 months through Jul 2026, against 713 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plantShare of DRC III gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plantShare of DRC III gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Apr 26: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    69% · 8,576 mcf

  • Transmission line (2)

    31% · 3,936 mcf

Who has run this lease

The operator changed 2 times, most recently in Jul 2026

Operators of this lease over timeJulil Energy, LLC, Jan 2020 to Mar 2024; 84 Energy LLC, Apr 2024 to Jun 2026; Iron Jaw Operating LLC, Jul 2026 to Jul 20262020202120222023202420252026Changed Apr 2024Changed Jul 2026Julil Energy, LLCJan 2020 to Mar 202484 Energy LLCApr 2024 to Jun 2026Iron Jaw Operating LLCJul 2026 to now
Operators of this lease over timeJulil Energy, LLC, Jan 2020 to Mar 2024; 84 Energy LLC, Apr 2024 to Jun 2026; Iron Jaw Operating LLC, Jul 2026 to Jul 20262020202120222023202420252026Changed Apr 2024Changed Jul 2026Julil Energy, LLCJan 2020 to Mar 202484 Energy LLCApr 2024 to Jun 2026Iron Jaw Operating LLCJul 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on DRC III
API numberWell no.Status
42-051-332801Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
4J Energy, LLCOilGathers100Jul 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Apr 11, 2016–
Gulfmark Energy, Inc.OilGathers100Jan 1, 2000Jul 1, 2026
Energy Transfer CompanyCasinghead gasBuys100Apr 11, 2016Oct 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

209.17 acres on the newest permit

A pooling certificate was filed

Permits for DRC III
API numberWell no.Acreson the permit
42-051-332801209.17

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for DRC III
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Iron Jaw23701,0911,0910$80.46$2.89
Jun 202684 Energy901861860$84.81$3.15
May 202684 Energy1681689889880$102.13$2.94
Apr 202684 Energy3123711,6711,6710$100.32$2.77
Mar 202684 Energy11501,0831,0830$91.38$3.04
Feb 202684 Energy00000$64.51$3.62
Jan 202684 Energy00000$60.04$7.72
Dec 202584 Energy00000$57.97$4.26
Nov 202584 Energy121373793790$60.06$3.79
Oct 202584 Energy1541761,0141,0140$60.89$3.19
Sep 202584 Energy1611741,0421,0420$63.96$2.97
Aug 202584 Energy1721791,1301,1300$64.86$2.91
Jul 202584 Energy2271721,3291,3290$68.39$3.20
Jun 202584 Energy4863372,5932,5930$68.17$3.02
May 202584 Energy00000$62.17$3.12
Apr 202584 Energy00000$63.54$3.42
Mar 202584 Energy00000$68.24$4.12
Feb 202584 Energy00000$71.53$4.19
Jan 202584 Energy00000$75.74$4.13
Dec 202484 Energy00000$70.12$3.01
Nov 202484 Energy00000$69.95$2.12
Oct 202484 Energy00000$71.99$2.20
Sep 202484 Energy00000$70.24$2.28
Aug 202484 Energy00000$76.68$1.99
Jul 202484 Energy00000$81.80$2.07
Jun 202484 Energy00000$79.77$2.54
May 202484 Energy00000$80.02$2.12
Apr 202484 Energy12108660$85.35$1.60
Mar 2024Julil Energy,702182180$81.28$1.49
Feb 2024Julil Energy,1251796246240$77.25$1.72
Jan 2024Julil Energy,8405855850$74.15$3.18
Dec 2023Julil Energy,1371786596590$71.90$2.52
Nov 2023Julil Energy,1641806706700$77.69$2.71
Oct 2023Julil Energy,8806956950$85.64$2.98
Sep 2023Julil Energy,1021794844840$89.43$2.64
Aug 2023Julil Energy,10508038030$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorIron Jaw Operating LLCFieldGiddings (Austin Chalk-3)CountyBurleson County

Iron Jaw Operating LLC in Burleson County

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Giddings (Austin Chalk-3) field

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