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 268134District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Feb 2012 – May 2026
Value, last 12 filed months
$83 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 Gas112013-08-22210153
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
CondensateDisposition41,844 bbl$3,235,242
GasProduction1,791,233 Mcf$6,527,610
Total$9,762,852

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 28.2818, -98.8409. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28177, -98.84092 · 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
11,482 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 11,482 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-28332726292B11,482 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 202602,364106.413.05$7,200
Apr 202602,06398.932.87$5,920
Mar 2026142,99289.753.15$10,680
Feb 2026402,18163.503.75$10,719
Jan 2026364,27459.138.00$36,312
Dec 20250056.664.41$0
Nov 20251229358.593.93$1,854
Oct 2025291,39359.383.30$6,326
Sep 202531,19462.743.08$3,862
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20251074.324.28$74
Dec 20247068.993.12$483
Nov 20245369.052.20$352
Oct 2024471,82471.372.28$7,516
Sep 20244896569.612.36$5,623
Aug 2024381,39475.632.06$5,751
Jul 2024301,23679.932.15$5,051
Jun 2024471,52878.082.63$7,694
May 2024713,12478.812.20$12,463
Apr 2024753,21784.451.66$11,671
Mar 2024862,92980.301.55$11,431
Feb 2024623,63576.091.78$11,201
Jan 2024431,19373.023.30$7,074
Dec 2023652,79471.262.61$11,926
Nov 2023662,92677.892.81$13,356
Oct 2023442,55985.443.09$11,660
Sep 2023542,75889.042.74$12,351
Aug 2023873,31380.522.67$15,860
Jul 2023853,30174.852.64$15,083
Jun 20231283,40268.962.26$16,510
May 20231123,36070.622.23$15,394
Apr 20231033,43378.122.24$15,729
Mar 202303,64172.852.39$8,714
Feb 20231093,21775.112.47$16,119
Jan 2023893,83776.533.39$19,810
Dec 2022942,76476.415.73$23,018
Nov 202203,16385.005.65$17,859
Oct 2022773,60687.185.86$27,858
Sep 2022772,95484.888.16$30,651
Aug 2022863,37694.529.13$38,942
Jul 2022893,746101.587.54$37,293
Jun 2022843,710115.097.98$39,263
May 2022843,840109.378.43$41,570
Apr 20222013,566104.226.84$45,331
Mar 202202,885108.885.08$14,645
Feb 20221482,50391.054.86$25,637
Jan 20221373,83481.844.54$28,610
Dec 20211483,93471.323.90$25,895
Nov 202103,80077.435.24$19,900
Oct 2021613,68479.795.71$25,917
Sep 20211303,21569.865.35$26,285
Aug 20211453,64466.024.22$24,953
Jul 20212153,50570.783.98$29,175
Jun 20211053,56269.493.38$19,338
May 20211063,74063.483.02$18,015
Apr 2021823,24860.362.76$13,909
Mar 2021482,71361.302.72$10,313
Feb 20217153557.805.55$7,072
Jan 20211471,42450.412.81$11,412
Dec 2020651,80644.642.68$7,733
Nov 2020572,91338.772.71$10,094
Oct 20201873,62136.972.48$15,888
Sep 20201204,31937.091.99$13,050
Aug 20202814,53439.982.39$22,048
Jul 2020804,55438.371.83$11,381
Jun 20201664,35834.901.69$13,160
May 20201034,62416.921.81$10,134
Apr 20201894,15914.751.80$10,292
Mar 20201854,10130.341.86$13,225
Feb 20201723,89149.881.98$16,286
Jan 20201624,13257.252.09$17,930
Dec 20192454,15959.012.30$24,041
Nov 20191484,06755.302.75$19,372
Oct 20191613,03153.472.42$15,939
Sep 20191664,67555.052.66$21,561
Aug 20192024,54553.112.30$21,202
Jul 2019684,79756.272.46$15,627
Jun 20191105,06952.782.49$18,434
May 20191134,90558.482.74$20,050
Apr 20191208,05462.632.75$29,670
Mar 20191195,14056.803.06$22,498
Feb 20191704,74350.852.79$21,888
Jan 20191505,31546.033.23$24,062
Dec 20181315,43146.594.19$28,834
Nov 20181425,01252.934.24$28,753
Oct 20181445,64061.443.40$28,013
Sep 20181345,38059.543.11$24,699
Aug 20181905,81659.403.07$29,121
Jul 20181586,08165.142.93$28,121
Jun 20181185,17160.183.08$23,012
May 20181325,33965.382.90$24,118
Apr 20181514,29263.842.90$22,090
Mar 20181414,47361.222.79$21,098
Feb 20181502,55161.782.77$16,323
Jan 20181472,99962.874.01$21,266
Dec 20171272,38057.272.92$14,227
Nov 2017882,63455.423.12$13,091
Oct 20170049.292.98$0
Sep 20173047.523.09$143
Aug 20176750945.373.00$4,569
Jul 20171495,75543.873.09$24,304
Jun 20171957,11142.493.09$30,239
May 20171517,09345.373.26$29,998
Apr 20171587,07047.933.21$30,279
Mar 20171947,53046.772.98$31,540
Feb 20173206,49550.452.95$35,321
Jan 20171676,16349.413.42$29,322
Dec 20161016,66648.763.72$29,741
Nov 20161946,81542.492.64$26,264
Oct 20161787,10346.193.09$30,172
Sep 20161475,40841.553.10$22,876
Aug 20161627,32541.442.92$28,134
Jul 20162187,03341.622.92$29,640
Jun 20162007,23245.352.69$28,494
May 20161346,83642.521.99$19,308
Apr 20162037,76336.561.99$22,878
Mar 20162367,39633.011.79$21,059
Feb 20161695,02326.472.06$14,839
Jan 20162677,42127.352.36$24,848
Dec 20152378,10132.362.00$23,883
Nov 20152997,57638.792.17$28,018
Oct 20154788,89343.552.43$42,396
Sep 20151539,38442.992.76$32,462
Aug 20154459,73240.162.87$45,826
Jul 20153759,93548.152.95$47,316
Jun 20153229,49156.152.88$45,442
May 201515011,39455.212.96$41,956
Apr 201525612,76249.822.71$47,295
Mar 201537614,73542.892.93$59,370
Feb 201526713,09644.662.98$50,900
Jan 201540713,74243.433.10$60,285
Dec 20141741,76254.693.59$15,844
Nov 201436223,87070.464.25$126,998
Oct 201456923,72878.303.90$137,115
Sep 2014023,95986.164.05$96,925
Aug 201438426,25789.394.04$140,276
Jul 201414428,27696.564.18$132,087
Jun 201448228,45098.164.74$182,077
May 201452430,88094.734.73$195,595
Apr 201455411,56095.944.81$108,744
Mar 201461934,54295.895.06$234,028
Feb 201467533,49797.406.19$273,158
Jan 201446737,63590.404.86$225,150
Dec 201367941,66891.824.35$243,788
Nov 201371345,20288.853.74$232,328
Oct 201379550,91497.423.78$269,871
Sep 201369058,494104.113.72$289,301
Aug 201371367,389104.253.52$311,715
Jul 20131,24953,962102.523.72$328,664
Jun 20131,40848,07294.403.93$322,002
May 20131,80866,96894.834.15$449,308
Apr 20132,11580,81393.964.28$544,814
Mar 20132,790102,98793.623.91$664,175
Feb 20132,91293,24091.233.42$584,534
Jan 20131,14626,80191.603.42$196,631
Dec 20121483,72286.773.42$25,572
Nov 20121,75446,59386.953.62$321,408
Oct 2012602,46089.383.40$13,726
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201243610,44785.133.02$68,675
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012210101.652.00$2,135
Mar 201225593,240105.052.22$233,974
Feb 201235713,252101.102.57$70,154

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             0 bbl  × $106.41 =         $0
Gas                2,364 Mcf  × $  3.05 =     $7,200

────────────────────────────────────────────────────
Month total                                   $7,200

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/268134 is the state's own key, not one this site invented.