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 267023District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.9 M
Feb 2012 – May 2026
Value, last 12 filed months
$409 k
at the published price for each month
Months reported
172
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 Gas112013-08-22210182
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
CondensateDisposition39,031 bbl$3,132,751
GasProduction3,011,015 Mcf$10,753,914
Total$13,886,665

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 28.2805, -98.8431. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28046, -98.84310 · 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
11,681 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 11,681 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-28332727293B11,681 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 (172)

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

172 months

May 202678,312106.413.05$26,062
Apr 20266412,03298.932.87$40,860
Mar 2026219,80189.753.15$32,752
Feb 2026447,38863.503.75$30,501
Jan 20261214,68059.138.00$118,119
Dec 20250556.664.41$22
Nov 202515058.593.93$879
Oct 2025426,65159.383.30$24,474
Sep 2025265,47762.743.08$18,484
Aug 2025636,66063.933.01$24,106
Jul 20257912,91966.743.32$48,102
Jun 2025014,17266.483.13$44,340
May 2025010,19460.553.23$32,950
Apr 202507,88162.363.54$27,923
Mar 202509,42067.704.27$40,208
Feb 2025014,30470.884.34$62,091
Jan 2025014,76174.324.28$63,158
Dec 20240068.993.12$0
Nov 20240169.052.20$2
Oct 202401,55371.372.28$3,543
Sep 202432,76469.612.36$6,744
Aug 202404,76375.632.06$9,829
Jul 2024280679.932.15$1,890
Jun 2024363,19778.082.63$11,232
May 20248210,58478.812.20$29,731
Apr 20247210,72584.451.66$23,875
Mar 20241409,16080.301.55$25,395
Feb 20247910,52176.091.78$24,777
Jan 2024785,21973.023.30$22,906
Dec 2023947,03771.262.61$25,070
Nov 20231177,42177.892.81$29,948
Oct 20231388,47885.443.09$37,965
Sep 202321410,96389.042.74$49,039
Aug 202323210,70080.522.67$47,280
Jul 202321510,49574.852.64$43,818
Jun 202336910,40968.962.26$48,955
May 202319112,92870.622.23$42,284
Apr 20233364,73378.122.24$36,840
Mar 202309,68372.852.39$23,173
Feb 202327111,22875.112.47$48,039
Jan 20236411,18476.533.39$42,786
Dec 202205,38576.415.73$30,851
Nov 2022010,16685.005.65$57,399
Oct 202213111,89987.185.86$81,193
Sep 202216012,67284.888.16$117,031
Aug 20221158,24294.529.13$86,096
Jul 20221556,691101.587.54$66,209
Jun 2022819,000115.097.98$81,117
May 202213710,383109.378.43$102,544
Apr 20222889,696104.226.84$96,313
Mar 202209,919108.885.08$50,353
Feb 20221469,15891.054.86$57,791
Jan 202213911,11681.844.54$61,817
Dec 202115710,43971.323.90$51,900
Nov 2021010,53677.435.24$55,175
Oct 202110812,60579.795.71$80,641
Sep 20211496,25969.865.35$43,901
Aug 20211739,36766.024.22$50,956
Jul 20211699,77570.783.98$50,887
Jun 20217510,63269.493.38$41,155
May 202115612,10163.483.02$46,420
Apr 202113112,44460.362.76$42,233
Mar 20216313,95861.302.72$41,785
Feb 2021975,07857.805.55$33,779
Jan 202114513,71550.412.81$45,852
Dec 20205513,93844.642.68$39,746
Nov 2020779,15238.772.71$27,756
Oct 202012811,32736.972.48$32,805
Sep 20206611,67537.091.99$25,693
Aug 202013213,65339.982.39$37,841
Jul 20204814,20338.371.83$27,764
Jun 20204412,32334.901.69$22,365
May 20207514,23316.921.81$27,098
Apr 202017214,19514.751.80$28,150
Mar 202017316,28630.341.86$35,479
Feb 202015916,43349.881.98$40,479
Jan 202019318,67257.252.09$50,162
Dec 201923427,90659.012.30$78,114
Nov 2019607,37855.302.75$23,613
Oct 20191116753.472.42$992
Sep 2019642,08455.052.66$9,061
Aug 20192299,46853.112.30$33,980
Jul 20196917,16956.272.46$46,119
Jun 201913113,40052.782.49$40,296
May 201913713,92058.482.74$46,157
Apr 201913313,93862.632.75$46,669
Mar 201911413,97156.803.06$49,256
Feb 20191279,34950.852.79$32,562
Jan 201911910,99846.033.23$40,981
Dec 201810211,90546.594.19$54,580
Nov 2018898,20652.934.24$39,482
Oct 2018878,30461.443.40$33,563
Sep 2018867,64959.543.11$28,894
Aug 2018602,99559.403.07$12,748
Jul 2018768,57565.142.93$30,092
Jun 20181447,56260.183.08$31,934
May 20181938,40465.382.90$36,997
Apr 2018342,81163.842.90$10,325
Mar 20180061.222.79$0
Feb 2018112861.782.77$416
Jan 201882,37362.874.01$10,017
Dec 20172099357.272.92$4,046
Nov 2017536855.423.12$1,425
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017410545.373.00$497
Jul 20174884343.873.09$4,708
Jun 201712514,15642.493.09$49,015
May 201712018,05345.373.26$64,359
Apr 201714317,43147.933.21$62,835
Mar 201716918,51346.772.98$63,141
Feb 201723716,42350.452.95$60,447
Jan 201711315,67749.413.42$59,180
Dec 20166118,73148.763.72$72,707
Nov 201615019,67342.492.64$58,396
Oct 201615021,18546.193.09$72,396
Sep 201612420,22741.553.10$67,869
Aug 201614421,02041.442.92$67,437
Jul 201619620,33641.622.92$67,627
Jun 201617319,86645.352.69$61,202
May 201611321,35642.521.99$47,325
Apr 201615822,68136.561.99$50,935
Mar 201618822,80933.011.79$47,125
Feb 201613414,71026.472.06$33,903
Jan 201621720,95827.352.36$55,487
Dec 201519022,48532.362.00$51,150
Nov 201521621,15038.792.17$54,218
Oct 201532624,10843.552.43$72,697
Sep 20151424,16642.992.76$67,262
Aug 20158415,95740.162.87$49,210
Jul 201513320,37048.152.95$66,395
Jun 201519323,52056.152.88$78,642
May 201519327,23255.212.96$91,138
Apr 201518928,74049.822.71$87,203
Mar 201527128,87342.892.93$96,357
Feb 201518724,25344.662.98$80,533
Jan 201533726,40643.433.10$96,511
Dec 201423524,12654.693.59$99,497
Nov 201429128,03970.464.25$139,721
Oct 201452928,33778.303.90$151,962
Sep 2014031,61886.164.05$127,909
Aug 201439734,54989.394.04$174,897
Jul 201418236,65396.564.18$170,769
Jun 201437037,73898.164.74$215,080
May 201437241,31494.734.73$230,513
Apr 201436741,67095.944.81$235,606
Mar 201437845,99295.895.06$268,819
Feb 201440444,05397.406.19$312,126
Jan 201437050,98990.404.86$281,291
Dec 201355154,30291.824.35$287,050
Nov 201362858,65688.853.74$275,070
Oct 201377967,89097.423.78$332,471
Sep 201370577,628104.113.72$361,998
Aug 201377280,826104.253.52$365,199
Jul 20131,28064,770102.523.72$372,024
Jun 20131,44760,76594.403.93$375,610
May 20131,83975,11794.834.15$486,059
Apr 20132,11987,52693.964.28$573,939
Mar 20132,259105,08293.623.91$622,660
Feb 20131,90484,05291.233.42$461,152
Jan 20131,28342,81591.603.42$263,946
Dec 20121,26626,76786.773.42$201,398
Nov 20121,54140,16586.953.62$279,586
Oct 201250714,32289.383.40$94,006
Sep 201234614,24194.672.92$74,317
Aug 20121744,05792.662.91$27,921
Jul 20123489,34685.133.02$57,858
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012430101.652.00$4,371
Mar 20125330105.052.22$55,992
Feb 201217619,041101.102.57$66,734

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             7 bbl  × $106.41 =       $745
Gas                8,312 Mcf  × $  3.05 =    $25,317

────────────────────────────────────────────────────
Month total                                  $26,062

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/267023 is the state's own key, not one this site invented.