BRIGGS RANCH

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 268345District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Apr 2012 – May 2026
Value, last 12 filed months
$104 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 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 Gas112014-06-30213430
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
CondensateDisposition75,387 bbl$5,927,837
GasProduction943,059 Mcf$3,341,704
Total$9,269,540

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 28.2926, -99.3164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.29257, -99.31639 · 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
9,254 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 9,254 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-28333026G 2H9,254 ftJan 2013

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 2026711,226106.413.05$11,289
Apr 20261361,77898.932.87$18,557
Mar 2026703,81889.753.15$18,307
Feb 202602963.503.75$109
Jan 2026531,27959.138.00$13,363
Dec 2025656456.664.41$2,829
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202595062.743.08$5,960
Aug 20255275563.933.01$5,601
Jul 2025662,20266.743.32$11,705
Jun 20251771,40166.483.13$16,150
May 20251211,30960.553.23$11,558
Apr 2025631,38762.363.54$8,843
Mar 2025571,23767.704.27$9,139
Feb 2025671,20570.884.34$9,980
Jan 2025881,38974.324.28$12,483
Dec 2024651,61968.993.12$9,538
Nov 20241033769.052.20$1,431
Oct 20248659071.372.28$7,484
Sep 20241292,38869.612.36$14,626
Aug 20241032,55575.632.06$13,062
Jul 20241872,46879.932.15$20,245
Jun 20241101,80278.082.63$13,335
May 20241162,64078.812.20$14,946
Apr 20241192,84584.451.66$14,770
Mar 2024812,96480.301.55$11,084
Feb 2024532,81776.091.78$9,057
Jan 2024352,97573.023.30$12,366
Dec 2023553,39771.262.61$12,788
Nov 2023973,27177.892.81$16,739
Oct 20231313,58385.443.09$22,254
Sep 20232064,00589.042.74$29,296
Aug 20232413,75280.522.67$29,434
Jul 20231642,38574.852.64$18,576
Jun 20232361,33368.962.26$19,285
May 20232551,90370.622.23$22,247
Apr 20231471,77978.122.24$15,465
Mar 20231051,93072.852.39$12,268
Feb 20231041,60275.112.47$11,761
Jan 20231011,93576.533.39$14,285
Dec 20221001,92976.415.73$18,692
Nov 20221031,86385.005.65$19,274
Oct 2022862,19287.185.86$20,351
Sep 2022661,63284.888.16$18,925
Aug 2022881,80494.529.13$24,783
Jul 2022721,602101.587.54$19,396
Jun 20221352,393115.097.98$34,627
May 20221041,755109.378.43$26,174
Apr 20221122,738104.226.84$30,394
Mar 20221012,757108.885.08$24,993
Feb 2022651,21391.054.86$11,812
Jan 2022551,69581.844.54$12,193
Dec 2021491,06171.323.90$7,632
Nov 20211141,49777.435.24$16,667
Oct 20211362,98679.795.71$27,913
Sep 20211673,14169.865.35$28,474
Aug 20211763,29166.024.22$25,509
Jul 20212073,80070.783.98$29,783
Jun 20211963,87869.493.38$26,730
May 20213713,64363.483.02$34,544
Apr 20212822,86560.362.76$24,924
Mar 202102,93661.302.72$7,977
Feb 20211782,66457.805.55$25,068
Jan 20212103,07450.412.81$19,225
Dec 20202833,40644.642.68$21,746
Nov 20201983,42638.772.71$16,949
Oct 20202233,58136.972.48$17,120
Sep 20201993,19437.091.99$13,740
Aug 20201653,06139.982.39$13,897
Jul 20202594,01538.371.83$17,266
Jun 20202083,63334.901.69$13,400
May 20201973,81616.921.81$10,258
Apr 20202454,11414.751.80$11,037
Mar 20202634,27530.341.86$15,915
Feb 20201983,85349.881.98$17,508
Jan 202029694457.252.09$18,923
Dec 20192504,02859.012.30$24,034
Nov 20192484,68155.302.75$26,590
Oct 20192354,14453.472.42$22,588
Sep 20192354,49255.052.66$24,873
Aug 20192073,52753.112.30$19,121
Jul 20192093,59956.272.46$20,614
Jun 20192123,47052.782.49$19,834
May 20192623,70158.482.74$25,464
Apr 20192223,56062.632.75$23,696
Mar 20192763,92456.803.06$27,692
Feb 20192233,25450.852.79$20,425
Jan 20192253,52546.033.23$21,736
Dec 20182263,57346.594.19$25,484
Nov 20182173,48552.934.24$26,253
Oct 20182024,01861.443.40$26,064
Sep 20182253,70659.543.11$24,915
Aug 20182293,84459.403.07$25,390
Jul 20182013,81865.142.93$24,287
Jun 20182033,79560.183.08$23,893
May 20182563,95765.382.90$28,216
Apr 20182993,91563.842.90$30,445
Mar 20182814,22261.222.79$28,969
Feb 20184073,88861.782.77$35,899
Jan 20181,1434,33762.874.01$89,249
Dec 20172614,16357.272.92$27,110
Nov 20172535,37955.423.12$30,795
Oct 20172334,02849.292.98$23,503
Sep 20171554,16147.523.09$20,212
Aug 20171201,57645.373.00$10,179
Jul 20172123,91343.873.09$21,381
Jun 20172134,32742.493.09$22,409
May 20172404,48845.373.26$25,535
Apr 20172034,27147.933.21$23,447
Mar 20172254,32246.772.98$23,419
Feb 20171653,62850.452.95$19,036
Jan 20173245,10149.413.42$33,448
Dec 20163415,50848.763.72$37,133
Nov 20163625,48142.492.64$29,875
Oct 20163845,63646.193.09$35,154
Sep 20164505,57241.553.10$35,974
Aug 20163786,12141.442.92$33,564
Jul 20163736,28441.622.92$33,901
Jun 20163315,98945.352.69$31,096
May 20164126,83942.521.99$31,135
Apr 20163456,28736.561.99$25,131
Mar 20164036,91533.011.79$25,709
Feb 20164016,67826.472.06$24,395
Jan 20164707,34627.352.36$30,223
Dec 20154696,76432.362.00$28,714
Nov 20154286,82438.792.17$31,392
Oct 20154287,48643.552.43$36,805
Sep 20154747,35442.992.76$40,663
Aug 20154347,43440.162.87$38,784
Jul 20154857,91248.152.95$46,654
Jun 20154457,66756.152.88$47,090
May 20154438,24855.212.96$48,835
Apr 20154908,28749.822.71$46,841
Mar 20155458,95442.892.93$49,652
Feb 20154699,14044.662.98$48,148
Jan 20156219,97143.433.10$57,886
Dec 20145209,58454.693.59$62,858
Nov 20144379,28570.464.25$70,269
Oct 201456010,51878.303.90$84,878
Sep 201457910,62686.164.05$92,873
Aug 201458411,48489.394.04$98,543
Jul 201461512,83996.564.18$113,046
Jun 201482814,30898.164.74$149,052
May 201492714,78694.734.73$157,702
Apr 201496513,62195.944.81$158,087
Mar 20141,05815,33295.895.06$178,982
Feb 20145827,63797.406.19$103,975
Jan 20141,01015,00690.404.86$164,244
Dec 201394817,49891.824.35$163,240
Nov 20131,42118,85388.853.74$196,734
Oct 20131,88122,54097.423.78$268,434
Sep 20131,87422,648104.113.72$279,302
Aug 20132,88319,190104.253.52$368,152
Jul 20132,75730,380102.523.72$395,593
Jun 20133,38930,23494.403.93$438,844
May 20135,13141,05794.834.15$656,922
Apr 20134,76731,96793.964.28$584,809
Mar 20137,44849,30093.623.91$890,186
Feb 20134,02823,01791.233.42$446,191
Jan 20135522,65191.603.42$59,629
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$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            71 bbl  × $106.41 =     $7,555
Gas                1,226 Mcf  × $  3.05 =     $3,734

────────────────────────────────────────────────────
Month total                                  $11,289

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/268345 is the state's own key, not one this site invented.