OLDENBURG B
OLDENBURG B is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Gemini Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1994 to August 2026, totalling 5,991,543 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $507, with roughly $164 expected over the next twelve months.
| Operator | Gemini Exploration Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 148592 |
| Wellbores | 1 |
| Reported production | 5,991,543 mcf |
| First reported | January 1994 |
| Last reported | August 2026 |
| Estimated royalty value | $507 |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.