SOUTH TEXAS SYNDICATE

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254365District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.9 M
Jul 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
203
no gaps in the span
Streams
2
condensate, 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 1,894 leases and 1,894 wells, and the rule below applies to all of them.

Discovered
2008-10-14
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 40 acres. The field rule took effect on 2015-08-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WILL REQUIRE A REGULAR SWR 38.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112010-05-24197992
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition166,538 bbl$12,219,706
GasProduction1,496,114 Mcf$5,674,919
Total$17,894,625

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 28.3164, -98.8727. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31639, -98.87266 · 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
10,985 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 10,985 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-28332188451H10,985 ftNov 2014

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 (203)

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

203 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202414069.612.36$975
Aug 20247980375.632.06$7,632
Jul 20243625479.932.15$3,423
Jun 20246276678.082.63$6,859
May 20245965578.812.20$6,090
Apr 20242468684.451.66$3,165
Mar 20242766180.301.55$3,189
Feb 20242982276.091.78$3,673
Jan 20246092573.023.30$7,432
Dec 20235673671.262.61$5,912
Nov 20231122,52677.892.81$15,816
Oct 20231041,17185.443.09$12,501
Sep 202310373089.042.74$11,168
Aug 202311874080.522.67$11,479
Jul 202311574374.852.64$10,571
Jun 202316477068.962.26$13,048
May 202313578770.622.23$11,287
Apr 202310569778.122.24$9,762
Mar 2023094672.852.39$2,264
Feb 20231495675.112.47$3,409
Jan 202363076.533.39$4,821
Dec 20226163976.415.73$8,322
Nov 2022083585.005.65$4,715
Oct 20221890987.185.86$6,899
Sep 20221690584.888.16$8,746
Aug 2022599294.529.13$9,527
Jul 2022321,105101.587.54$11,585
Jun 2022361,126115.097.98$13,126
May 2022721,213109.378.43$18,104
Apr 20223321,060104.226.84$41,849
Mar 202201,197108.885.08$6,076
Feb 20222061,16491.054.86$24,412
Jan 20221991,21881.844.54$21,813
Dec 20212131,24671.323.90$20,049
Nov 202101,13777.435.24$5,954
Oct 20212311,25679.795.71$25,608
Sep 20213111,21069.865.35$28,201
Aug 20212331,33266.024.22$21,004
Jul 20214931,26070.783.98$39,912
Jun 20212701,26769.493.38$23,046
May 20213221,34063.483.02$24,484
Apr 20212341,52160.362.76$18,320
Mar 20212311,62061.302.72$18,562
Feb 20212033,36457.805.55$30,397
Jan 20213471,48550.412.81$21,666
Dec 20201551,56444.642.68$11,104
Nov 20201581,44938.772.71$10,047
Oct 20203431,48636.972.48$16,364
Sep 20201491,50537.091.99$8,523
Aug 20203681,56239.982.39$18,438
Jul 20201911,61338.371.83$10,273
Jun 20202981,59434.901.69$13,095
May 20201881,66316.921.81$6,199
Apr 20203691,67314.751.80$8,461
Mar 20203421,73430.341.86$13,595
Feb 20203181,63049.881.98$19,090
Jan 20202891,83457.252.09$20,387
Dec 20194101,89659.012.30$28,563
Nov 20192701,82755.302.75$19,957
Oct 20193971,94653.472.42$25,934
Sep 20195051,86255.052.66$32,748
Aug 20195901,98253.112.30$35,902
Jul 20192232,04656.272.46$17,581
Jun 20194181,96552.782.49$26,957
May 20194032,09958.482.74$29,319
Apr 20193841,97562.632.75$29,483
Mar 20193632,02956.803.06$26,831
Feb 20195241,88750.852.79$31,914
Jan 20194402,23946.033.23$27,481
Dec 20183132,25046.594.19$24,000
Nov 20182532,11052.934.24$22,332
Oct 20181261,99361.443.40$14,514
Sep 2018382,16559.543.11$8,991
Aug 20183862,48459.403.07$30,546
Jul 20185642,85765.142.93$45,115
Jun 20184142,40960.183.08$32,327
May 20184943,24965.382.90$41,722
Apr 20184642,38763.842.90$36,546
Mar 20185142,94361.222.79$39,669
Feb 20185222,83161.782.77$40,080
Jan 20189985862.874.01$9,664
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20178047.523.09$380
Aug 20176819445.373.00$3,668
Jul 20171571,70343.873.09$12,145
Jun 20173992,86242.493.09$25,789
May 201734713,87145.373.26$61,010
Apr 20176114,14747.933.21$48,358
Mar 201711910,46346.772.98$36,784
Feb 2017122050.452.95$6,155
Jan 201717126849.413.42$9,365
Dec 20163991,23148.763.72$24,038
Nov 20167815,14442.492.64$46,787
Oct 20167795,37046.193.09$52,577
Sep 20165494,19541.553.10$35,818
Aug 20163004,62141.442.92$25,945
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201687042.521.99$3,699
Apr 20163312,38036.561.99$16,840
Mar 20166985,46733.011.79$32,849
Feb 20165985,34626.472.06$26,861
Jan 20167616,66927.352.36$36,581
Dec 20156786,32932.362.00$34,607
Nov 20159556,33638.792.17$50,777
Oct 20151,4976,96143.552.43$82,086
Sep 20153027,56742.992.76$33,856
Aug 20158597,31240.162.87$55,501
Jul 20157747,70948.152.95$59,972
Jun 20151,1348,03256.152.88$86,829
May 20151,1899,04755.212.96$92,383
Apr 20151,3739,89249.822.71$95,176
Mar 20152,38712,25442.892.93$138,340
Feb 20151,96514,32944.662.98$130,403
Jan 20153,68123,36143.433.10$232,300
Dec 20147845,97254.693.59$64,325
Nov 20149137,40770.464.25$95,823
Oct 20141,7749,52478.303.90$176,057
Sep 201409,44586.164.05$38,209
Aug 20141,42510,21989.394.04$168,616
Jul 20146279,95996.564.18$102,168
Jun 20141,2149,66198.164.74$164,929
May 20141,1419,77894.734.73$154,303
Apr 20141,12210,11995.944.81$156,308
Mar 20141,08411,32195.895.06$161,193
Feb 20141,15511,00997.406.19$180,665
Jan 201493412,96490.404.86$147,448
Dec 20131,36213,34891.824.35$183,182
Nov 20131,43912,47888.853.74$174,501
Oct 20131,6179,63997.423.78$193,957
Sep 20131,2248,355104.113.72$158,492
Aug 20131,3219,714104.253.52$171,933
Jul 20131,8807,294102.523.72$219,855
Jun 20131,15210,06694.403.93$148,343
May 20131,32911,36294.834.15$173,171
Apr 2013257,47193.964.28$34,344
Mar 20136405,28093.623.91$80,577
Feb 201380612,13591.233.42$115,032
Jan 201356310,64391.603.42$87,969
Dec 201260422,97286.773.42$130,977
Nov 20122,07120,01586.953.62$252,627
Oct 201298130,66489.383.40$191,930
Sep 20121522,07294.672.92$20,437
Aug 20124075492.662.91$5,899
Jul 20121,17710,10285.133.02$130,714
Jun 20122,59116,51179.822.52$248,405
May 20121,18210,79391.612.49$135,139
Apr 20122220101.652.00$22,566
Mar 20122,7688,631105.052.22$309,957
Feb 201212101.102.57$106
Jan 2012012,44398.092.73$34,020
Dec 2011011,72696.873.24$37,989
Nov 20111,16316,48995.723.31$165,922
Oct 20114,68016,53384.983.65$458,028
Sep 2011023,34783.623.99$93,056
Aug 2011020,56283.404.15$85,318
Jul 201156361994.144.52$55,797
Jun 201116818592.904.64$16,466
May 2011442,39898.134.40$14,880
Apr 201143495105.964.33$46,398
Mar 201180111,62096.364.06$124,331
Feb 20111,40115,31085.644.18$183,977
Jan 20112,49823,98186.504.59$326,121
Dec 201014,03625,29385.734.35$1,313,274
Nov 20101,70326,05680.843.80$236,562
Oct 20103,14828,61178.103.51$346,252
Sep 20102,14719,16372.633.98$232,195
Aug 20101,99320,75173.684.42$238,550
Jul 20102,02923,41172.554.74$258,090
Jun 20102,17924,18470.364.91$272,068
May 20102,67428,00171.124.24$308,765
Apr 20102,57325,04181.694.12$313,425
Mar 20103,26834,81178.394.39$408,953
Feb 20102,99728,71573.585.44$376,797
Jan 20104,31638,33474.365.96$549,565
Dec 20093,53349,53271.445.48$524,019
Nov 20095,10339,90774.593.75$530,344
Oct 20095,58354,45372.544.11$628,806
Sep 20097,09871,61765.543.06$684,691
Aug 200911,552111,43867.423.22$1,137,499
Jul 200917912,37861.133.46$53,826

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.

Sep 2024 — as filed, then multipliedworked
Condensate            14 bbl  × $ 69.61 =       $975
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                     $975

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. 01/G/254365 is the state's own key, not one this site invented.