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 268314District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Sep 2011 – May 2026
Value, last 12 filed months
$3.8 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 Gas112013-08-09210157
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
CondensateDisposition89,837 bbl$7,408,490
GasProduction744,191 Mcf$2,794,097
Total$10,202,586

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 28.3113, -98.8545. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31126, -98.85454 · 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
11,023 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 11,023 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-28332387452C11,023 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 20262,07349,288106.413.05$370,711
Apr 20262,49334,10098.932.87$344,490
Mar 20263,78749,60089.753.15$496,095
Feb 20263,71937,94263.503.75$378,451
Jan 20265,52753,85859.138.00$757,563
Dec 20257,87566,84156.664.41$741,191
Nov 20257,81265,88658.593.93$716,403
Oct 2025993,60259.383.30$17,783
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20251066.743.32$67
Jun 202516066.483.13$1,064
May 20257419460.553.23$5,108
Apr 20254019062.363.54$3,168
Mar 20251067.704.27$68
Feb 20251070.884.34$71
Jan 202591374.324.28$725
Dec 20246120268.993.12$4,839
Nov 20242069.052.20$138
Oct 2024193871.372.28$1,443
Sep 202412069.612.36$835
Aug 20243136875.632.06$3,104
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20242384.451.66$174
Mar 20241027080.301.55$1,220
Feb 20243076.091.78$228
Jan 20241120473.023.30$1,476
Dec 2023114371.262.61$445
Nov 2023318077.892.81$739
Oct 2023013985.443.09$429
Sep 2023316189.042.74$707
Aug 20231122980.522.67$1,498
Jul 20233733574.852.64$3,654
Jun 20232722968.962.26$2,379
May 20231411070.622.23$1,234
Apr 2023014778.122.24$329
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023024376.533.39$823
Dec 202202676.415.73$149
Nov 2022025985.005.65$1,462
Oct 2022027587.185.86$1,613
Sep 2022022984.888.16$1,869
Aug 2022039294.529.13$3,578
Jul 20222245101.587.54$2,051
Jun 20228268115.097.98$3,059
May 202214165109.378.43$2,923
Apr 20220215104.226.84$1,470
Mar 20220350108.885.08$1,777
Feb 20220491.054.86$19
Jan 2022026781.844.54$1,212
Dec 2021040171.323.90$1,564
Nov 2021028077.435.24$1,466
Oct 2021024879.795.71$1,417
Sep 2021029469.865.35$1,573
Aug 2021041166.024.22$1,735
Jul 202104770.783.98$187
Jun 2021031769.493.38$1,072
May 2021035663.483.02$1,074
Apr 2021034460.362.76$949
Mar 2021020661.302.72$560
Feb 2021033657.805.55$1,864
Jan 20211119050.412.81$1,088
Dec 2020234444.642.68$1,010
Nov 2020335738.772.71$1,083
Oct 20201432836.972.48$1,331
Sep 2020644637.091.99$1,111
Aug 2020120539.982.39$529
Jul 2020033738.371.83$615
Jun 2020618034.901.69$514
May 2020146616.921.81$863
Apr 2020224614.751.80$473
Mar 2020030730.341.86$570
Feb 2020330849.881.98$760
Jan 20203631157.252.09$2,712
Dec 20197335959.012.30$5,135
Nov 20194125755.302.75$2,974
Oct 20196027253.472.42$3,866
Sep 20196139455.052.66$4,405
Aug 20191536053.112.30$1,626
Jul 20192310756.272.46$1,557
Jun 20194133152.782.49$2,989
May 20191530558.482.74$1,713
Apr 2019036762.632.75$1,010
Mar 2019029056.803.06$888
Feb 2019029250.852.79$815
Jan 2019332746.033.23$1,194
Dec 20181111746.594.19$1,002
Nov 201817352.934.24$913
Oct 20181161.443.40$65
Sep 20182159.543.11$122
Aug 20184659.403.07$256
Jul 201817065.142.93$1,107
Jun 20181235160.183.08$1,802
May 2018122865.382.90$727
Apr 2018129063.842.90$905
Mar 2018730861.222.79$1,287
Feb 20182353461.782.77$2,898
Jan 20183524362.874.01$3,175
Dec 20173871357.272.92$4,259
Nov 20172947455.423.12$3,085
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201712745.373.00$126
Jul 2017237243.873.09$1,236
Jun 2017234442.493.09$1,147
May 2017454145.373.26$1,947
Apr 2017446647.933.21$1,688
Mar 2017958346.772.98$2,160
Feb 20171561750.452.95$2,579
Jan 2017065849.413.42$2,250
Dec 2016330948.763.72$1,297
Nov 2016279142.492.64$2,177
Oct 2016440446.193.09$1,433
Sep 2016263441.553.10$2,049
Aug 2016341541.442.92$1,338
Jul 2016885941.622.92$2,845
Jun 20161355645.352.69$2,083
May 20161471542.521.99$2,019
Apr 20163292536.561.99$3,012
Mar 2016867733.011.79$1,479
Feb 20161043426.472.06$1,160
Jan 20169586127.352.36$4,634
Dec 20151781,02932.362.00$7,820
Nov 201518185238.792.17$8,868
Oct 201525596243.552.43$13,440
Sep 20153876142.992.76$3,733
Aug 201514758940.162.87$7,595
Jul 20151711,25448.152.95$11,927
Jun 20152001,11356.152.88$14,439
May 20151761,14955.212.96$13,113
Apr 20151801,28349.822.71$12,440
Mar 20152881,40542.892.93$16,476
Feb 20152221,32944.662.98$13,870
Jan 20154711,38843.433.10$24,759
Dec 20143871,69854.693.59$27,263
Nov 20144651,63570.464.25$39,716
Oct 20147282,18778.303.90$65,534
Sep 2014093986.164.05$3,799
Aug 20146013,16389.394.04$66,486
Jul 20142964,92596.564.18$49,166
Jun 20145004,93698.164.74$72,461
May 20144935,61094.734.73$73,218
Apr 20145005,56595.944.81$74,733
Mar 20144996,76695.895.06$82,063
Feb 20145426,54697.406.19$93,324
Jan 20145708,10690.404.86$90,929
Dec 20138185,94891.824.35$101,009
Nov 20138156,29688.853.74$95,949
Oct 20139388,51097.423.78$123,542
Sep 20137628,215104.113.72$109,873
Aug 201372910,348104.253.52$112,450
Jul 20139186,766102.523.72$119,268
Jun 20138234,52094.403.93$95,470
May 20139995,71794.834.15$118,455
Apr 20138584,92793.964.28$101,718
Mar 20131,0166,16193.623.91$119,225
Feb 20131,0795,03991.233.42$115,670
Jan 20131,2656,76191.603.42$138,996
Dec 20121,5159,40986.773.42$163,637
Nov 20121,4759,62286.953.62$163,131
Oct 20122,20013,05789.383.40$241,026
Sep 20122,35216,72394.672.92$271,468
Aug 20121,4127,93192.662.91$153,901
Jul 20121,93111,98685.133.02$200,593
Jun 20121,60111,72079.822.52$157,315
May 20124,16228,02891.612.49$451,023
Apr 20124,15125,803101.652.00$473,473
Mar 20125,92032,461105.052.22$694,027
Feb 20128697,352101.102.57$106,752
Jan 20124,49717,81398.092.73$489,813
Dec 20117152,39496.873.24$77,018
Nov 2011515695.723.31$995
Oct 20113,28012,74584.983.65$325,235
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         2,073 bbl  × $106.41 =   $220,588
Gas               49,288 Mcf  × $  3.05 =   $150,123

────────────────────────────────────────────────────
Month total                                 $370,711

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/268314 is the state's own key, not one this site invented.