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 260340District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.3 M
Feb 2011 – May 2026
Value, last 12 filed months
$4.9 M
at the published price for each month
Months reported
184
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 Gas112013-08-09210183
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
CondensateDisposition178,389 bbl$15,350,345
GasProduction1,083,689 Mcf$3,994,920
Total$19,345,265

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 28.3354, -98.8541. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33538, -98.85405 · 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
10,767 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 10,767 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-28332376451C10,767 ftFeb 2012

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 (184)

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

184 months

May 20263,91442,924106.413.05$547,228
Apr 20264,84041,38498.932.87$597,582
Mar 20266,48451,35489.753.15$743,675
Feb 20265,43436,02663.503.75$480,168
Jan 20267,31351,38159.138.00$843,359
Dec 202510,29560,55556.664.41$850,566
Nov 20259,73758,27058.593.93$799,284
Oct 2025452,78359.383.30$11,869
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 20250562.363.54$18
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20251074.324.28$74
Dec 20248068.993.12$552
Nov 20240069.052.20$0
Oct 2024021371.372.28$486
Sep 2024052269.612.36$1,234
Aug 2024012775.632.06$262
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230185.443.09$3
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202205887.185.86$340
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20191052.782.49$53
May 20190158.482.74$3
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20191150.852.79$54
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180265.382.90$6
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201621948.763.72$168
Nov 201611642.492.64$85
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20165041.442.92$207
Jul 201683141.622.92$424
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20162036.561.99$73
Mar 201683633.011.79$329
Feb 20162026.472.06$53
Jan 201683327.352.36$297
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201521056.152.88$1,179
May 201533423355.212.96$19,129
Apr 20157243,27549.822.71$44,934
Mar 20158332,38342.892.93$42,721
Feb 20154931,50744.662.98$26,503
Jan 20151,3832,13843.433.10$66,693
Dec 20141,4687,51254.693.59$107,263
Nov 20148611,16070.464.25$65,598
Oct 20142,1994,85578.303.90$191,121
Sep 201401,56786.164.05$6,339
Aug 20149193,49189.394.04$96,236
Jul 201458911,01496.564.18$102,908
Jun 20141,17212,01998.164.74$171,976
May 20141,17213,82394.734.73$176,359
Apr 20141,17414,11995.944.81$180,534
Mar 20141,19416,49195.895.06$197,884
Feb 20141,35216,14997.406.19$231,679
Jan 20141,39318,96890.404.86$218,125
Dec 20132,04914,04291.824.35$249,285
Nov 20132,24115,90988.853.74$258,585
Oct 20132,33318,69897.423.78$297,947
Sep 20131,80320,760104.113.72$264,891
Aug 20131,76222,724104.253.52$263,736
Jul 20132,89916,702102.523.72$359,299
Jun 20131,90310,45094.403.93$220,747
May 20132,61914,46594.834.15$308,376
Apr 20132,84914,00093.964.28$327,648
Mar 20133,53818,78093.623.91$404,711
Feb 20133,17818,24391.233.42$352,318
Jan 20133,77823,88891.603.42$427,760
Dec 20125,58734,58386.773.42$603,063
Nov 20124,66131,52186.953.62$519,536
Oct 201210,62244,12189.383.40$1,099,392
Sep 20128,79836,91494.672.92$940,636
Aug 20121,1062,44392.662.91$109,587
Jul 20121,86023,17485.133.02$228,346
Jun 20126,12428,74879.822.52$561,235
May 201215,27566,92791.612.49$1,565,879
Apr 20127,81533,574101.652.00$861,435
Mar 201211,66052,692105.052.22$1,341,969
Feb 20126473,894101.102.57$75,420
Jan 20121,0934,17298.092.73$118,619
Dec 20114,20829,25896.873.24$502,417
Nov 20111,2622,61295.723.31$129,448
Oct 20111,3293,94984.983.65$127,347
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$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
Condensate         3,914 bbl  × $106.41 =   $416,489
Gas               42,924 Mcf  × $  3.05 =   $130,740

────────────────────────────────────────────────────
Month total                                 $547,228

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/260340 is the state's own key, not one this site invented.