PIERCE

Operated by VERDUN OIL EF II LLC (P-5 102886) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260653District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.1 M
Nov 2010 – May 2026
Value, last 12 filed months
$235 k
at the published price for each month
Months reported
187
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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 Gas112011-09-19201796
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
CondensateDisposition210,132 bbl$15,949,906
GasProduction931,799 Mcf$3,188,263
Total$19,138,168

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 28.3547, -99.1023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35475, -99.10234 · 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
10,012 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 10,012 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-2833234610H10,012 ftNov 2010

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 (187)

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

187 months

May 202623347106.413.05$24,937
Apr 202647718698.932.87$47,723
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202622144459.138.00$16,619
Dec 202533079956.664.41$22,224
Nov 202526249458.593.93$17,290
Oct 20253451,01459.383.30$23,837
Sep 202526166562.743.08$18,421
Aug 202528554463.933.01$19,860
Jul 20252901,00166.743.32$22,673
Jun 202529278866.483.13$21,878
May 202530464560.553.23$20,492
Apr 202520851362.363.54$14,789
Mar 202517588567.704.27$15,625
Feb 20253462170.884.34$5,106
Jan 20254753074.324.28$5,761
Dec 202410290968.993.12$9,874
Nov 20242852469.052.20$3,085
Oct 20241642571.372.28$2,112
Sep 20242030769.612.36$2,118
Aug 2024121,86675.632.06$4,758
Jul 202461,65379.932.15$4,028
Jun 2024387478.082.63$2,536
May 2024792,50778.812.20$11,737
Apr 2024572,56384.451.66$9,066
Mar 20241042,87580.301.55$12,793
Feb 20241712,42876.091.78$17,342
Jan 2024919873.023.30$1,310
Dec 20234073971.262.61$4,780
Nov 2023341,11077.892.81$5,765
Oct 2023351,72385.443.09$8,310
Sep 2023652,08789.042.74$11,496
Aug 20235346180.522.67$5,500
Jul 202318537074.852.64$14,825
Jun 20232661,11668.962.26$20,864
May 202313193970.622.23$11,343
Apr 202311919778.122.24$9,737
Mar 202317482472.852.39$14,648
Feb 2023462,54975.112.47$9,740
Jan 20231644376.533.39$2,725
Dec 2022301,87776.415.73$13,046
Nov 2022321,30185.005.65$10,066
Oct 202281,53187.185.86$9,675
Sep 20223295684.888.16$10,521
Aug 2022749094.529.13$5,134
Jul 2022301,226101.587.54$12,294
Jun 202231860115.097.98$10,428
May 202226678109.378.43$8,561
Apr 2022271,265104.226.84$11,464
Mar 202214675108.885.08$4,951
Feb 20222914891.054.86$3,360
Jan 20224063581.844.54$6,155
Dec 20215057271.323.90$5,796
Nov 20212445777.435.24$4,252
Oct 20216651079.795.71$8,180
Sep 20214052769.865.35$5,614
Aug 2021871,27066.024.22$11,104
Jul 20210070.783.98$0
Jun 20212023369.493.38$2,177
May 20211858563.483.02$2,908
Apr 20214910660.362.76$3,250
Mar 20211305861.302.72$8,127
Feb 202180257.805.55$4,635
Jan 20212253150.412.81$11,429
Dec 202022918344.642.68$10,712
Nov 20204801,03038.772.71$21,397
Oct 20202541,40836.972.48$12,880
Sep 202032836137.091.99$12,884
Aug 20206392,01139.982.39$30,344
Jul 20202754138.371.83$10,627
Jun 202011228734.901.69$4,394
May 20200016.921.81$0
Apr 20206242,06414.751.80$12,928
Mar 20205371,91830.341.86$19,853
Feb 20205821,74449.881.98$32,484
Jan 20204121,85457.252.09$27,471
Dec 20194232,06159.012.30$29,711
Nov 20193751,80955.302.75$25,714
Oct 20194441,99153.472.42$28,556
Sep 20194721,80355.052.66$30,775
Aug 20193281,28453.112.30$20,379
Jul 20193741,52656.272.46$24,799
Jun 201913586452.782.49$9,278
May 2019751,10758.482.74$7,420
Apr 201912366362.632.75$9,527
Mar 20192891,82156.803.06$21,991
Feb 2019721,30350.852.79$7,299
Jan 20193671446.033.23$3,962
Dec 2018591,67946.594.19$9,776
Nov 2018223,89652.934.24$17,673
Oct 2018579961.443.40$3,022
Sep 2018394259.543.11$3,106
Aug 2018311,00559.403.07$4,923
Jul 20185887565.142.93$6,344
Jun 20181142,16260.183.08$13,513
May 20185242,87065.382.90$42,584
Apr 20187612,87763.842.90$56,928
Mar 201855225561.222.79$34,504
Feb 20188121,62661.782.77$54,663
Jan 20185382,00862.874.01$41,875
Dec 20176203,14157.272.92$44,684
Nov 20177722,92455.423.12$51,902
Oct 20176584,18849.292.98$44,928
Sep 20176463,60047.523.09$41,812
Aug 20171,0442,29345.373.00$54,255
Jul 20171,3414,66843.873.09$73,241
Jun 20171,4242,53042.493.09$68,317
May 20171,7189,98345.373.26$110,524
Apr 20171,9893,23247.933.21$105,713
Mar 20172,0394,01846.772.98$107,352
Feb 20171,8832,98050.452.95$103,796
Jan 20171,6552,45349.413.42$90,160
Dec 20167782,24048.763.72$46,274
Nov 20162,1432,58842.492.64$97,900
Oct 20162,1073,68046.193.09$108,694
Sep 20161,6904,17241.553.10$83,155
Aug 20162,2124,28241.442.92$104,187
Jul 20166303,57941.622.92$36,687
Jun 20167483,53245.352.69$43,408
May 20163764,38342.521.99$24,714
Apr 20168276,14136.561.99$42,462
Mar 20167073,03533.011.79$28,783
Feb 201653113,36526.472.06$41,636
Jan 20161,33412,41927.352.36$65,848
Dec 20151,19510,99632.362.00$60,678
Nov 20151,61710,29838.792.17$85,043
Oct 20151,36910,67943.552.43$85,533
Sep 20151,7819,62942.992.76$103,126
Aug 20151,7148,22540.162.87$92,460
Jul 20151,36813,19648.152.95$104,732
Jun 20152,14110,17056.152.88$149,536
May 20152,1717,55555.212.96$142,189
Apr 20152,59019,17149.822.71$180,921
Mar 20152,08714,16642.892.93$131,085
Feb 20152,8097,51844.662.98$147,825
Jan 20153,89410,50143.433.10$201,676
Dec 20143,4636,26254.693.59$211,881
Nov 20144,7337,87370.464.25$366,962
Oct 20143,0108,95278.303.90$270,604
Sep 20144,31512,50886.164.05$422,381
Aug 20143,89214,07489.394.04$404,696
Jul 20142,7746,70096.564.18$295,861
Jun 20144,0653,85298.164.74$417,267
May 20145,0972,49694.734.73$494,636
Apr 20143,1212,91495.944.81$313,443
Mar 20141,7771,65195.895.06$178,745
Feb 20145982,02297.406.19$70,765
Jan 20148081,04890.404.86$78,137
Dec 201366787591.824.35$65,054
Nov 20135337,46688.853.74$75,267
Oct 20131,6997,88297.423.78$195,306
Sep 20137108,473104.113.72$105,419
Aug 20131,3828,874104.253.52$175,333
Jul 20138618,956102.523.72$121,566
Jun 20131,35914,69994.403.93$186,107
May 20131,24410,75494.834.15$162,588
Apr 20131,09210,14993.964.28$146,068
Mar 20131,98411,37693.623.91$230,255
Feb 20131,4308,81391.233.42$160,599
Jan 20131,46411,26491.603.42$172,624
Dec 20121,58711,89986.773.42$178,400
Nov 20122,0999,70586.953.62$217,688
Oct 20121,6777,65889.383.40$175,925
Sep 20121,92410,24294.672.92$212,035
Aug 20122,17211,28692.662.91$234,079
Jul 20121,2036,11785.133.02$120,890
Jun 20121,8379,86179.822.52$171,470
May 20122,97512,30791.612.49$303,164
Apr 20121,84611,608101.652.00$210,825
Mar 20122,86112,757105.052.22$328,895
Feb 20122,22111,309101.102.57$253,610
Jan 20123,17914,80998.092.73$352,317
Dec 20112,86116,62296.873.24$330,996
Nov 20113,64319,05395.723.31$411,798
Oct 20113,32022,49184.983.65$364,193
Sep 20114,66127,55983.623.99$499,597
Aug 20115,53027,60083.404.15$575,723
Jul 20113,4508,96694.144.52$365,285
Jun 20110092.904.64$0
May 20113,29213,45598.134.40$382,311
Apr 20115,32225,745105.964.33$675,479
Mar 20117,97034,06796.364.06$906,211
Feb 20115,62616,22585.644.18$549,631
Jan 2011753186.504.59$65,139
Dec 201013,71063,29785.734.35$1,450,558
Nov 20100080.843.80$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           233 bbl  × $106.41 =    $24,794
Gas                   47 Mcf  × $  3.05 =       $143

────────────────────────────────────────────────────
Month total                                  $24,937

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/260653 is the state's own key, not one this site invented.