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 260588District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Dec 2010 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
186
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 Gas112013-08-09210158
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
CondensateDisposition22,677 bbl$1,683,483
GasProduction1,189,591 Mcf$3,931,549
Total$5,615,033

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 28.2978, -98.8456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.29777, -98.84559 · 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
11,329 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 11,329 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-28332342452B11,329 ftJul 2011

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 (186)

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

186 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202625063.503.75$1,588
Jan 20260059.138.00$0
Dec 202529056.664.41$1,643
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20253063.933.01$192
Jul 202581066.743.32$5,406
Jun 202534477066.483.13$25,278
May 20253741,07460.553.23$26,117
Apr 20253611,25062.363.54$26,941
Mar 20255901,47967.704.27$46,256
Feb 20251921,65870.884.34$20,806
Jan 202527051174.324.28$22,253
Dec 2024133168.993.12$9,179
Nov 202449369.052.20$3,390
Oct 202429467471.372.28$22,520
Sep 20243481,13469.612.36$26,905
Aug 20243171,16075.632.06$26,369
Jul 2024295979.932.15$2,445
Jun 2024287778.082.63$2,466
May 202492,92378.812.20$7,135
Apr 2024151,11284.451.66$3,112
Mar 2024166580.301.55$1,385
Feb 202432376.091.78$269
Jan 2024128873.023.30$1,166
Dec 20233362571.262.61$3,983
Nov 20235674777.892.81$6,459
Oct 2023691,11485.443.09$9,335
Sep 2023851,12689.042.74$10,648
Aug 20231211,20780.522.67$12,969
Jul 20231311,24374.852.64$13,089
Jun 20231121,49968.962.26$11,109
May 202317857970.622.23$13,860
Apr 20231321,30678.122.24$13,234
Mar 202301,02172.852.39$2,443
Feb 202323654375.112.47$19,065
Jan 20231142,24476.533.39$16,326
Dec 2022511,02576.415.73$9,769
Nov 2022065185.005.65$3,676
Oct 202218149687.185.86$18,688
Sep 20224381,31984.888.16$47,945
Aug 202202,13594.529.13$19,486
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 201910053.112.30$531
Jul 201948056.272.46$2,701
Jun 20191342,23052.782.49$12,628
May 20191483,93758.482.74$19,444
Apr 20191443,66362.632.75$19,095
Mar 20191333,75756.803.06$19,059
Feb 20191823,02650.852.79$17,704
Jan 20191693,64246.033.23$19,536
Dec 20181203,68946.594.19$21,031
Nov 20181093,53852.934.24$20,761
Oct 20181563,42161.443.40$21,209
Sep 20181173,54659.543.11$17,987
Aug 20181483,94759.403.07$20,895
Jul 20181454,23865.142.93$21,871
Jun 20181134,25060.183.08$19,877
May 20181105,03065.382.90$21,783
Apr 20181103,46163.842.90$17,062
Mar 20181144,42161.222.79$19,300
Feb 20181386,17461.782.77$25,604
Jan 20181637,29162.874.01$39,480
Dec 20171308,59257.272.92$32,547
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20171047.523.09$48
Aug 20174822445.373.00$2,851
Jul 2017935,35343.873.09$20,606
Jun 2017935,56442.493.09$21,129
May 2017895,97045.373.26$23,520
Apr 20171356,85147.933.21$28,473
Mar 20171515,87946.772.98$24,603
Feb 20171874,78650.452.95$23,565
Jan 20171286,01749.413.42$26,895
Dec 2016527,54048.763.72$30,606
Nov 20161652,84042.492.64$14,521
Oct 20161776,21446.193.09$27,379
Sep 20161555,22341.553.10$22,635
Aug 20161747,44241.442.92$28,974
Jul 20161557,29841.622.92$27,793
Jun 2016825,73345.352.69$19,117
May 2016497,04342.521.99$16,106
Apr 2016566,91136.561.99$15,807
Mar 2016347,84033.011.79$15,187
Feb 2016254,94826.472.06$10,873
Jan 20161737,27827.352.36$21,939
Dec 20152388,10032.362.00$23,913
Nov 20153029,12438.792.17$31,489
Oct 20152226,25743.552.43$24,851
Sep 2015327,66742.992.76$22,524
Aug 2015937,88740.162.87$26,390
Jul 2015888,51848.152.95$29,323
Jun 20151378,80356.152.88$33,070
May 20151479,74255.212.96$36,908
Apr 20151609,03949.822.71$32,436
Mar 20152569,44542.892.93$38,698
Feb 20151738,06844.662.98$31,738
Jan 20152629,80243.433.10$41,771
Dec 201411510,37754.693.59$43,557
Nov 20141877,13070.464.25$43,492
Oct 201443821,13878.303.90$116,754
Sep 20140086.164.05$0
Aug 20143043,66189.394.04$41,947
Jul 201419913,03696.564.18$73,701
Jun 201430512,36698.164.74$88,515
May 201427413,28094.734.73$88,725
Apr 201426613,88395.944.81$92,285
Mar 201426315,11195.895.06$101,632
Feb 201424314,57797.406.19$113,929
Jan 201415217,60990.404.86$99,333
Dec 201321319,48891.824.35$104,418
Nov 201319020,42488.853.74$93,232
Oct 201353019,46197.423.78$125,183
Sep 201367226,837104.113.72$169,735
Aug 20139923,540104.253.52$93,243
Jul 201311321,068102.523.72$89,910
Jun 20138917,47094.403.93$77,118
May 201314224,55694.834.15$115,351
Apr 201316123,20593.964.28$114,505
Mar 201318327,61693.623.91$125,190
Feb 201325026,16491.233.42$112,286
Jan 201323031,58791.603.42$129,093
Dec 201250453,79686.773.42$227,723
Nov 201220529,87286.953.62$126,110
Oct 201240441,15389.383.40$176,017
Sep 20120094.672.92$0
Aug 201245017,92792.662.91$93,832
Jul 201212130,21285.133.02$101,565
Jun 201235254,17979.822.52$164,576
May 201250974,97891.612.49$233,199
Apr 201250533,020101.652.00$117,268
Mar 201226721,582105.052.22$76,005
Feb 201215925,104101.102.57$80,598
Jan 201258745,90698.092.73$183,090
Dec 201101,91196.873.24$6,191
Nov 2011972895.723.31$3,272
Oct 201158163984.983.65$51,705
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
Jan 20110086.504.59$0
Dec 20100085.734.35$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.

Feb 2026 — as filed, then multipliedworked
Condensate            25 bbl  × $ 63.50 =     $1,588
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $1,588

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/260588 is the state's own key, not one this site invented.