LIGHT RANCH

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 267203District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Apr 2012 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
170
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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 Gas112013-08-16210173
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
CondensateDisposition38,054 bbl$2,832,627
GasProduction683,836 Mcf$2,272,520
Total$5,105,147

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 28.2766, -99.3885. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.27661, -99.38853 · 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
9,150 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 9,150 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-28332583345H9,150 ftJun 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 (170)

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

170 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025067166.743.32$2,225
Jun 20250066.483.13$0
May 20250160.553.23$3
Apr 20250162.363.54$4
Mar 202501,20667.704.27$5,148
Feb 2025025170.884.34$1,090
Jan 2025032774.324.28$1,399
Dec 2024446668.993.12$1,731
Nov 20241156069.052.20$1,991
Oct 20242948471.372.28$3,174
Sep 20243190669.612.36$4,300
Aug 2024720375.632.06$948
Jul 20243763679.932.15$4,323
Jun 2024291,74178.082.63$6,850
May 20240078.812.20$0
Apr 2024531384.451.66$4,497
Mar 202415350780.301.55$13,069
Feb 2024881,10476.091.78$8,665
Jan 2024566873.023.30$4,313
Dec 2023553971.262.61$4,021
Nov 20232695777.892.81$4,712
Oct 2023371,10085.443.09$6,557
Sep 2023571,29189.042.74$8,606
Aug 2023521,94180.522.67$9,375
Jul 20234498174.852.64$5,885
Jun 2023691,51468.962.26$8,178
May 2023761,90470.622.23$9,608
Apr 2023602,47478.122.24$10,223
Mar 2023722,77272.852.39$11,879
Feb 2023842,53375.112.47$12,555
Jan 2023872,57676.533.39$15,385
Dec 20221003,34576.415.73$26,805
Nov 2022922,05085.005.65$19,395
Oct 2022571,37487.185.86$13,026
Sep 2022721,81384.888.16$20,912
Aug 2022852,50994.529.13$30,934
Jul 2022591,803101.587.54$19,592
Jun 2022971,915115.097.98$26,440
May 2022962,623109.378.43$32,619
Apr 2022692,812104.226.84$26,419
Mar 2022511,661108.885.08$13,985
Feb 2022582,29391.054.86$16,422
Jan 2022703,28681.844.54$20,640
Dec 2021793,64371.323.90$19,839
Nov 20211031,68177.435.24$16,778
Oct 2021831,86279.795.71$17,262
Sep 2021871,79269.865.35$15,667
Aug 20211001,95566.024.22$14,853
Jul 20211163,55170.783.98$22,351
Jun 20211112,30869.493.38$15,516
May 20212422,31363.483.02$22,342
Apr 20211865,12560.362.76$25,364
Mar 202101,90161.302.72$5,165
Feb 2021921,74157.805.55$14,977
Jan 2021621,25950.412.81$6,664
Dec 20201251,78744.642.68$10,361
Nov 2020901,82238.772.71$8,421
Oct 20201101,96536.972.48$8,937
Sep 20201231,95937.091.99$8,463
Aug 20201102,21039.982.39$9,669
Jul 20201191,97338.371.83$8,167
Jun 20201182,13134.901.69$7,720
May 20201042,03016.921.81$5,444
Apr 20201041,89814.751.80$4,959
Mar 20201232,14130.341.86$7,706
Feb 2020861,98449.881.98$8,219
Jan 202012942557.252.09$8,276
Dec 20191572,11859.012.30$14,145
Nov 20191352,22555.302.75$13,586
Oct 20191592,41653.472.42$14,345
Sep 20191472,47755.052.66$14,674
Aug 20191622,40753.112.30$14,150
Jul 20191542,24656.272.46$14,191
Jun 20191332,05252.782.49$12,132
May 20191612,19058.482.74$15,417
Apr 20191272,18362.632.75$13,959
Mar 20191562,29556.803.06$15,888
Feb 20191291,96350.852.79$12,041
Jan 20191212,10346.033.23$12,358
Dec 20181282,04946.594.19$14,539
Nov 20181312,11852.934.24$15,908
Oct 20181152,38361.443.40$15,163
Sep 20181372,23259.543.11$15,094
Aug 20181372,34859.403.07$15,338
Jul 20181092,23265.142.93$13,644
Jun 20181172,31760.183.08$14,170
May 20181412,35765.382.90$16,056
Apr 20181452,32663.842.90$16,004
Mar 20181322,46661.222.79$14,953
Feb 20181312,29161.782.77$14,430
Jan 20181502,62162.874.01$19,939
Dec 20171692,68457.272.92$17,520
Nov 20171532,60055.423.12$16,587
Oct 20171572,65549.292.98$15,660
Sep 2017912,53347.523.09$12,144
Aug 20171232,00445.373.00$11,601
Jul 20171572,70043.873.09$15,223
Jun 20171442,67042.493.09$14,362
May 20171472,65845.373.26$15,344
Apr 20171282,63947.933.21$14,610
Mar 20171252,74146.772.98$14,025
Feb 20171302,65550.452.95$14,398
Jan 20171372,80749.413.42$16,366
Dec 20161422,68548.763.72$16,920
Nov 20161422,39042.492.64$12,354
Oct 2016842,90446.193.09$12,854
Sep 2016242,85841.553.10$9,859
Aug 2016353,13841.442.92$10,627
Jul 2016242,80941.622.92$9,213
Jun 2016403,11945.352.69$10,191
May 20161403,29242.521.99$12,507
Apr 20161253,07136.561.99$10,684
Mar 20161473,44733.011.79$11,036
Feb 20161483,33426.472.06$10,798
Jan 20161773,61327.352.36$13,383
Dec 20151863,66532.362.00$13,354
Nov 20151683,61138.792.17$14,343
Oct 20151723,82343.552.43$16,767
Sep 20152493,82442.992.76$21,253
Aug 20155763,91740.162.87$34,384
Jul 20157404,12848.152.95$47,788
Jun 20157204,12156.152.88$52,308
May 20154544,41155.212.96$38,102
Apr 20156714,50749.822.71$45,628
Mar 20155215,02542.892.93$37,093
Feb 20155264,27444.662.98$36,211
Jan 20156174,33943.433.10$40,250
Dec 20144084,45954.693.59$38,327
Nov 20144334,63070.464.25$50,195
Oct 20146224,61378.303.90$66,698
Sep 20143414,52186.164.05$47,670
Aug 20142314,81489.394.04$40,074
Jul 20142265,14296.564.18$43,314
Jun 20142414,36998.164.74$44,352
May 20144044,85194.734.73$61,199
Apr 20144514,86495.944.81$66,661
Mar 20143385,33195.895.06$59,369
Feb 20143955,20097.406.19$70,671
Jan 20144585,96890.404.86$70,412
Dec 20137386,28191.824.35$95,114
Nov 20134016,42588.853.74$59,647
Oct 20133436,93297.423.78$59,614
Sep 20132857,016104.113.72$55,755
Aug 20131775,646104.253.52$38,341
Jul 20133518,096102.523.72$66,083
Jun 20133579,32094.403.93$70,360
May 201345113,84994.834.15$100,229
Apr 20131316,11293.964.28$38,484
Mar 201337510,81893.623.91$77,437
Feb 201340012,30191.233.42$78,560
Jan 201350115,45091.603.42$98,729
Dec 201248817,96986.773.42$103,801
Nov 201272120,56686.953.62$137,242
Oct 20121,23226,11989.383.40$198,912
Sep 20121,21325,27194.672.92$188,586
Aug 20121,57431,27492.662.91$236,797
Jul 20122,07530,73085.133.02$269,474
Jun 20122,25125,75879.822.52$244,560
May 201248641,97491.612.49$148,967
Apr 20122,42816,934101.652.00$280,620

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.

Jul 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.74 =         $0
Gas                  671 Mcf  × $  3.32 =     $2,225

────────────────────────────────────────────────────
Month total                                   $2,225

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/267203 is the state's own key, not one this site invented.