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 268310District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.7 M
Sep 2011 – May 2026
Value, last 12 filed months
$6.5 M
at the published price for each month
Months reported
177
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 Gas112013-08-09210151
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
CondensateDisposition235,530 bbl$19,541,377
GasProduction1,649,669 Mcf$6,133,368
Total$25,674,745

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 28.3264, -98.8564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32638, -98.85642 · 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
10,800 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 10,800 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-28332386453C10,800 ftSep 2011

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 (177)

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

177 months

May 20266,11566,226106.413.05$852,411
Apr 20268,82891,93198.932.87$1,137,170
Mar 20268,97974,52189.753.15$1,040,565
Feb 20268,33454,57363.503.75$733,875
Jan 202610,63971,45359.138.00$1,200,559
Dec 202511,94472,88456.664.41$998,410
Nov 20256,82743,55558.593.93$571,010
Oct 2025812,32759.383.30$12,500
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025034260.553.23$1,105
Apr 2025056562.363.54$2,002
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024027571.372.28$627
Sep 2024316769.612.36$604
Aug 202413822375.632.06$10,897
Jul 202427034779.932.15$22,326
Jun 202411324578.082.63$9,468
May 202429428978.812.20$23,805
Apr 202423621184.451.66$20,280
Mar 202430124080.301.55$24,541
Feb 202423830176.091.78$18,646
Jan 202430741973.023.30$23,799
Dec 202324549871.262.61$18,759
Nov 202317347777.892.81$14,814
Oct 202336085.443.09$3,076
Sep 202320134889.042.74$18,849
Aug 2023411280.522.67$3,333
Jul 2023803074.852.64$6,067
Jun 202321034368.962.26$15,256
May 20233239070.622.23$3,129
Apr 2023751978.122.24$5,902
Mar 202306472.852.39$153
Feb 20231326475.112.47$1,627
Jan 202326076.533.39$1,990
Dec 2022683576.415.73$5,396
Nov 2022013785.005.65$774
Oct 20222941287.185.86$4,944
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20212057.805.55$116
Jan 202103350.412.81$93
Dec 20200144.642.68$3
Nov 20200138.772.71$3
Oct 20200136.972.48$2
Sep 20200137.091.99$2
Aug 20200139.982.39$2
Jul 20200138.371.83$2
Jun 20200134.901.69$2
May 20200116.921.81$2
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20201057.252.09$57
Dec 20191259.012.30$64
Nov 20190555.302.75$14
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20196052.782.49$317
May 20196158.482.74$354
Apr 20192162.632.75$128
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180252.934.24$8
Oct 20181761.443.40$85
Sep 20183759.543.11$200
Aug 20180759.403.07$21
Jul 20182565.142.93$145
Jun 20186760.183.08$383
May 2018107365.382.90$866
Apr 2018152563.842.90$1,030
Mar 2018336261.222.79$2,193
Feb 20188989461.782.77$7,971
Jan 20181751,41762.874.01$16,683
Dec 20172421,62357.272.92$18,601
Nov 20171471,67855.423.12$13,379
Oct 20170049.292.98$0
Sep 201751447.523.09$281
Aug 201721825645.373.00$10,660
Jul 20172894,58243.873.09$26,824
Jun 201711948642.493.09$6,557
May 20172082,08045.373.26$16,225
Apr 20173462,83747.933.21$25,695
Mar 20172882,99046.772.98$22,391
Feb 20176411350.452.95$3,562
Jan 20171225449.413.42$1,461
Dec 201645248.763.72$389
Nov 201653842.492.64$313
Oct 20162746.193.09$114
Sep 201616541.553.10$243
Aug 2016251841.442.92$1,089
Jul 20163953941.622.92$3,199
Jun 2016125245.352.69$5,674
May 20166475942.521.99$4,232
Apr 201654736.561.99$1,988
Mar 20163131,64833.011.79$13,289
Feb 201626994126.472.06$9,062
Jan 20167782,63927.352.36$27,518
Dec 20151,0115,45732.362.00$43,638
Nov 20151,6647,93438.792.17$81,742
Oct 20159415,96843.552.43$55,462
Sep 2015301142.992.76$12,943
Aug 20159597,50740.162.87$60,077
Jul 201596510,98448.152.95$78,814
Jun 20151,24911,06056.152.88$102,016
May 20151,17611,04855.212.96$97,579
Apr 20151,19911,33449.822.71$90,410
Mar 20151,77911,69342.892.93$110,617
Feb 20151,25611,15044.662.98$89,277
Jan 20152,40512,99043.433.10$144,726
Dec 20141,68414,44554.693.59$143,975
Nov 20141,74914,94070.464.25$186,757
Oct 20142,32613,74378.303.90$235,737
Sep 201409,61386.164.05$38,889
Aug 20142,39212,34389.394.04$263,626
Jul 20141,39621,16196.564.18$223,242
Jun 20142,77319,18498.164.74$363,070
May 20142,72320,81094.734.73$356,310
Apr 20142,73421,31195.944.81$364,787
Mar 20142,73123,81495.895.06$382,298
Feb 20142,90124,25897.406.19$432,763
Jan 20142,46327,80290.404.86$357,793
Dec 20133,63627,81091.824.35$454,956
Nov 20134,02333,22188.853.74$481,633
Oct 20134,34938,15097.423.78$567,862
Sep 20133,59841,294104.113.72$528,108
Aug 20133,06344,771104.253.52$477,029
Jul 20134,60033,325102.523.72$595,486
Jun 20133,99125,08294.403.93$475,408
May 20134,48229,47994.834.15$547,339
Apr 20134,89327,96893.964.28$579,522
Mar 20136,71943,26593.623.91$798,323
Feb 20135,69233,28491.233.42$633,109
Jan 20134,57924,92491.603.42$504,674
Dec 20127,72550,03086.773.42$841,409
Nov 20126,14127,62386.953.62$634,092
Oct 201210,50752,23089.383.40$1,116,681
Sep 20120094.672.92$0
Aug 20121,1605,80292.662.91$124,359
Jul 20123,03712,52785.133.02$296,381
Jun 20128,62044,94179.822.52$801,257
May 201213,33669,61791.612.49$1,394,940
Apr 20122,76021,798101.652.00$324,080
Mar 20122,96737,754105.052.22$395,576
Feb 201291,014101.102.57$3,516
Jan 20125,78432,84998.092.73$657,164
Dec 20112,36818,31196.873.24$288,711
Nov 2011031595.723.31$1,043
Oct 20117,86931,42884.983.65$783,374
Sep 20110083.623.99$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         6,115 bbl  × $106.41 =   $650,697
Gas               66,226 Mcf  × $  3.05 =   $201,714

────────────────────────────────────────────────────
Month total                                 $852,411

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/268310 is the state's own key, not one this site invented.