LIGHT RANCH

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 266326District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
Oct 2011 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
176
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 Gas112014-04-16210172
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
CondensateDisposition48,138 bbl$3,797,887
GasProduction847,847 Mcf$2,836,679
Total$6,634,566

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 28.2764, -99.3905. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.27639, -99.39051 · 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
9,126 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 9,126 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-28332584346H9,126 ftJan 2013

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 (176)

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

176 months

May 202633895106.413.05$6,238
Apr 2026111,02798.932.87$4,035
Mar 2026786489.753.15$3,349
Feb 202601,18763.503.75$4,452
Jan 202601,57259.138.00$12,573
Dec 202501,97956.664.41$8,734
Nov 2025071058.593.93$2,788
Oct 20250059.383.30$0
Sep 20250762.743.08$22
Aug 202502,12863.933.01$6,415
Jul 202502,09366.743.32$6,939
Jun 202501,69466.483.13$5,300
May 202501,73460.553.23$5,605
Apr 202501,63562.363.54$5,793
Mar 202501,33367.704.27$5,690
Feb 202501,37070.884.34$5,947
Jan 202501,57874.324.28$6,752
Dec 202422,19068.993.12$6,974
Nov 2024569069.052.20$1,862
Oct 20241249071.372.28$1,974
Sep 2024591,22269.612.36$6,996
Aug 2024631,73275.632.06$8,339
Jul 20241081,56479.932.15$11,990
Jun 2024631,50078.082.63$8,870
May 2024711,69778.812.20$9,326
Apr 2024841,58984.451.66$9,730
Mar 2024931,66180.301.55$10,034
Feb 20241032,04076.091.78$11,476
Jan 2024701,75473.023.30$10,896
Dec 2023821,00871.262.61$8,475
Nov 20231282,24877.892.81$16,281
Oct 20231352,32085.443.09$18,697
Sep 20231792,60989.042.74$23,074
Aug 20231562,45980.522.67$19,134
Jul 2023481,28874.852.64$6,995
Jun 2023701,67568.962.26$8,610
May 2023911,84670.622.23$10,538
Apr 2023631,46678.122.24$8,202
Mar 2023671,64272.852.39$8,811
Feb 2023831,61475.112.47$10,214
Jan 2023761,86376.533.39$12,128
Dec 2022681,66376.415.73$14,723
Nov 2022521,56785.005.65$13,268
Oct 2022331,55387.185.86$11,983
Sep 2022481,56084.888.16$16,810
Aug 20221001,98594.529.13$27,569
Jul 2022842,349101.587.54$26,249
Jun 20221212,321115.097.98$32,441
May 20221232,457109.378.43$34,172
Apr 20221062,395104.226.84$27,423
Mar 20221102,280108.885.08$23,551
Feb 2022911,69191.054.86$16,502
Jan 20221042,15381.844.54$18,281
Dec 20211342,30371.323.90$18,537
Nov 20211472,35977.435.24$23,736
Oct 2021952,52879.795.71$22,025
Sep 2021782,71569.865.35$19,977
Aug 2021352,01866.024.22$10,828
Jul 2021501,26670.783.98$8,580
Jun 20212052,61969.493.38$23,099
May 20212132,62963.483.02$21,455
Apr 20212312,69260.362.76$21,369
Mar 202102,17361.302.72$5,904
Feb 20211302,04157.805.55$18,837
Jan 20211532,39950.412.81$14,455
Dec 20201732,36444.642.68$14,048
Nov 20201242,41338.772.71$11,338
Oct 20201442,57236.972.48$11,698
Sep 20201542,48237.091.99$10,654
Aug 20201392,59639.982.39$11,749
Jul 20201592,66038.371.83$10,956
Jun 20201252,48034.901.69$8,554
May 20201392,68216.921.81$7,219
Apr 20201292,56214.751.80$6,526
Mar 20201272,81630.341.86$9,080
Feb 2020962,64549.881.98$10,027
Jan 202013458757.252.09$8,901
Dec 20191442,87959.012.30$15,132
Nov 20191252,99755.302.75$15,156
Oct 20191443,16653.472.42$15,357
Sep 20191293,19955.052.66$15,602
Aug 20191443,22953.112.30$15,089
Jul 20191443,10556.272.46$15,741
Jun 20191282,68652.782.49$13,447
May 20191592,85558.482.74$17,122
Apr 20191322,91062.632.75$16,272
Mar 20191593,02256.803.06$18,285
Feb 20191402,73850.852.79$14,764
Jan 20191513,12446.033.23$17,035
Dec 20181752,73646.594.19$19,605
Nov 20181182,39952.934.24$16,411
Oct 2018682,31361.443.40$12,038
Sep 2018301,62759.543.11$6,843
Aug 2018872,83259.403.07$13,852
Jul 20181313,41565.142.93$18,546
Jun 20181273,39760.183.08$18,095
May 20181513,50565.382.90$20,040
Apr 20181663,46963.842.90$20,660
Mar 20181623,74961.222.79$20,366
Feb 20181773,46861.782.77$20,528
Jan 20181913,84862.874.01$27,436
Dec 20171903,54757.272.92$21,244
Nov 20171173,16355.423.12$16,348
Oct 20171923,51549.292.98$19,951
Sep 20171053,15247.523.09$14,721
Aug 20171442,60545.373.00$14,360
Jul 20171793,62643.873.09$19,047
Jun 20171372,71942.493.09$14,215
May 20171652,91345.373.26$16,992
Apr 20171562,98247.933.21$17,054
Mar 20171603,09846.772.98$16,727
Feb 20171592,87350.452.95$16,504
Jan 20171613,11949.413.42$18,618
Dec 20161453,04148.763.72$18,391
Nov 20161443,59242.492.64$15,617
Oct 20161823,37346.193.09$18,830
Sep 20161643,39441.553.10$17,338
Aug 20161903,70741.442.92$18,714
Jul 20161693,48941.622.92$17,237
Jun 20161543,33245.352.69$15,933
May 20161303,59542.521.99$12,685
Apr 20161413,38336.561.99$11,891
Mar 20161763,83033.011.79$12,681
Feb 20161713,64426.472.06$12,046
Jan 20161983,93027.352.36$14,707
Dec 20152094,02032.362.00$14,809
Nov 20151894,08538.792.17$16,185
Oct 20151964,47543.552.43$19,395
Sep 20152224,47542.992.76$21,888
Aug 20152174,66040.162.87$22,101
Jul 20152064,80948.152.95$24,082
Jun 20152244,83156.152.88$26,505
May 20152135,09555.212.96$26,818
Apr 20152295,05049.822.71$25,077
Mar 20152635,95842.892.93$28,765
Feb 20152285,14544.662.98$25,495
Jan 20153085,90043.433.10$31,670
Dec 20142995,63454.693.59$36,586
Nov 201427611,20270.464.25$67,076
Oct 20143005,51678.303.90$45,008
Sep 20142985,40286.164.05$47,529
Aug 20142965,71789.394.04$49,528
Jul 20143056,43096.564.18$56,326
Jun 20143025,57898.164.74$56,067
May 20143136,05894.734.73$58,284
Apr 20142415,98895.944.81$51,919
Mar 20141996,52895.895.06$52,093
Feb 20141766,11597.406.19$55,006
Jan 20142306,78690.404.86$53,777
Dec 20132197,10691.824.35$51,052
Nov 20132097,86288.853.74$47,960
Oct 20132097,86297.423.78$50,074
Sep 20131957,549104.113.72$48,367
Aug 20131359,392104.253.52$47,158
Jul 20131469,831102.523.72$51,517
Jun 201326710,89894.403.93$68,071
May 201356315,35194.834.15$117,082
Apr 20131046,11393.964.28$35,951
Mar 201351610,86593.623.91$90,821
Feb 20134888,91191.233.42$74,995
Jan 201358811,50791.603.42$93,214
Dec 20121,32920,16486.773.42$184,281
Nov 20121,91224,27586.953.62$254,244
Oct 20122,69230,81489.383.40$345,369
Sep 20122,76123,21994.672.92$329,146
Aug 20122,25825,58092.662.91$283,617
Jul 20122,42529,88185.133.02$296,705
Jun 20123,47724,42979.822.52$339,072
May 20122,14532,19691.612.49$276,617
Apr 20121,0974,601101.652.00$120,697
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201211310,67398.092.73$40,265
Dec 20113,44137,88596.873.24$456,067
Nov 20111,08331,29995.723.31$207,305
Oct 20116009,28984.983.65$84,879

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            33 bbl  × $106.41 =     $3,512
Gas                  895 Mcf  × $  3.05 =     $2,726

────────────────────────────────────────────────────
Month total                                   $6,238

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/266326 is the state's own key, not one this site invented.