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 269294District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.4 M
Jun 2012 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
168
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 Gas112014-06-23213404
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
CondensateDisposition120,162 bbl$9,396,405
GasProduction1,112,386 Mcf$3,968,785
Total$13,365,190

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 28.3345, -98.8370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33448, -98.83701 · 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
10,997 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 10,997 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-28333212E 1H10,997 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 (168)

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

168 months

May 2026021106.413.05$64
Apr 20260198.932.87$3
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20252358.593.93$129
Oct 202534,23859.383.30$14,184
Sep 202508562.743.08$262
Aug 20250263.933.01$6
Jul 20250066.743.32$0
Jun 202502166.483.13$66
May 20250060.553.23$0
Apr 2025272862.363.54$1,783
Mar 202517032067.704.27$12,875
Feb 20255828470.884.34$5,344
Jan 202511634474.324.28$10,093
Dec 20241682068.993.12$3,663
Nov 20240069.052.20$0
Oct 2024432271.372.28$1,020
Sep 2024521269.612.36$849
Aug 20241812775.632.06$1,623
Jul 202422016779.932.15$17,943
Jun 20249371078.082.63$9,132
May 20240078.812.20$0
Apr 20242084.451.66$169
Mar 2024116180.301.55$978
Feb 202426076.091.78$1,978
Jan 202419952873.023.30$16,272
Dec 20233912,35471.262.61$34,008
Nov 20234942,25177.892.81$44,797
Oct 20234102,64485.443.09$43,193
Sep 20232451,43189.042.74$25,729
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202346068.962.26$3,172
May 20233105970.622.23$22,024
Apr 20231922,63078.122.24$20,884
Mar 202301,37272.852.39$3,283
Feb 20232091,47975.112.47$19,345
Jan 20232581,63676.533.39$25,287
Dec 20222621,78076.415.73$30,217
Nov 202201,99585.005.65$11,264
Oct 20221922,29987.185.86$30,219
Sep 20221751,67384.888.16$28,512
Aug 20222241,84094.529.13$37,966
Jul 20221912,076101.587.54$35,059
Jun 20221561,804115.097.98$32,345
May 2022772,026109.378.43$25,507
Apr 20223791,524104.226.84$49,920
Mar 202201,994108.885.08$10,122
Feb 20225501,20991.054.86$55,952
Jan 20222781,89381.844.54$31,341
Dec 20211622,28571.323.90$20,463
Nov 202101,88177.435.24$9,851
Oct 20212111,62679.795.71$26,126
Sep 20212641,82569.865.35$28,208
Aug 20212022,10266.024.22$22,208
Jul 20214391,83770.783.98$38,388
Jun 20212372,22469.493.38$23,988
May 20212212,28963.483.02$20,937
Apr 20212072,45460.362.76$19,264
Mar 20212462,28061.302.72$21,274
Feb 20211982,05357.805.55$22,834
Jan 20213622,31250.412.81$24,746
Dec 20201901,96844.642.68$13,747
Nov 20201812,27438.772.71$13,172
Oct 20203632,20636.972.48$18,888
Sep 20201602,26037.091.99$10,434
Aug 20203132,85439.982.39$19,321
Jul 20201943,62638.371.83$14,062
Jun 20203245,82334.901.69$21,150
May 20201535,40116.921.81$12,390
Apr 20203082,28914.751.80$8,673
Mar 20203192,26530.341.86$13,883
Feb 20202822,20449.881.98$18,432
Jan 20202562,55557.252.09$20,008
Dec 20193492,35859.012.30$26,028
Nov 20192182,28255.302.75$18,333
Oct 20193152,67453.472.42$23,310
Sep 20193862,42755.052.66$27,699
Aug 20194992,36653.112.30$31,954
Jul 20191722,82956.272.46$16,638
Jun 20193052,48352.782.49$22,284
May 20192962,53858.482.74$24,265
Apr 20192642,30962.632.75$22,886
Mar 20192282,46556.803.06$20,498
Feb 20193202,03850.852.79$21,963
Jan 20193332,34946.033.23$22,911
Dec 20183142,80246.594.19$26,357
Nov 20182911,64952.934.24$22,390
Oct 20182882,41961.443.40$25,915
Sep 2018552,80759.543.11$11,999
Aug 201802,56959.403.07$7,878
Jul 20180065.142.93$0
Jun 2018104060.183.08$6,259
May 20182703,48265.382.90$27,753
Apr 20184895,25063.842.90$46,447
Mar 20184376,00161.222.79$43,477
Feb 20184525,83761.782.77$44,070
Jan 20185577,18462.874.01$63,822
Dec 20176878,94757.272.92$65,483
Nov 20176289,70755.423.12$65,074
Oct 20170049.292.98$0
Sep 20175047.523.09$238
Aug 201721327745.373.00$10,496
Jul 20174696,32543.873.09$40,102
Jun 20175656,72242.493.09$44,760
May 20174936,62945.373.26$44,000
Apr 20175806,61047.933.21$49,028
Mar 20176767,12046.772.98$52,860
Feb 20171,0416,39550.452.95$71,400
Jan 20175577,04349.413.42$51,600
Dec 20163416,97448.763.72$42,590
Nov 20166226,61942.492.64$43,932
Oct 20165506,87046.193.09$46,635
Sep 20164575,66441.553.10$36,550
Aug 20165397,43741.442.92$44,084
Jul 20167347,51841.622.92$52,534
Jun 20166437,44345.352.69$49,151
May 20164097,86742.521.99$33,054
Apr 20165767,85036.561.99$36,688
Mar 20166628,52633.011.79$37,148
Feb 20164726,33026.472.06$25,557
Jan 20167098,08327.352.36$38,502
Dec 20156138,21932.362.00$36,286
Nov 20158307,95338.792.17$49,432
Oct 20151,2778,49443.552.43$76,225
Sep 20152718,57642.992.76$35,307
Aug 20157928,96140.162.87$57,547
Jul 20157159,14248.152.95$61,351
Jun 20159379,08056.152.88$78,789
May 20158609,90055.212.96$76,740
Apr 20157758,74149.822.71$62,269
Mar 20151,1519,97442.892.93$78,637
Feb 20157639,17744.662.98$61,388
Jan 20151,37010,28643.433.10$91,392
Dec 20141,06911,92054.693.59$101,273
Nov 20141,16911,24570.464.25$130,180
Oct 20142,11212,50178.303.90$214,136
Sep 2014012,35086.164.05$49,961
Aug 20141,78913,45389.394.04$214,203
Jul 201480714,02296.564.18$136,530
Jun 20141,52013,48798.164.74$213,090
May 20141,46015,04094.734.73$209,393
Apr 20141,40815,28495.944.81$208,586
Mar 20141,31517,28195.895.06$213,482
Feb 201492416,17297.406.19$190,135
Jan 201472219,29990.404.86$159,076
Dec 20131,06517,81991.824.35$175,381
Nov 20131,17718,99688.853.74$175,589
Oct 20131,32024,19397.423.78$220,028
Sep 20137308,695104.113.72$108,326
Aug 20131,75228,878104.253.52$284,372
Jul 20133,62424,372102.523.72$462,141
Jun 20133,57324,40094.403.93$433,266
May 20134,77433,77294.834.15$592,841
Apr 20135,63442,55793.964.28$711,625
Mar 20137,90152,66593.623.91$945,763
Feb 20137,11043,58791.233.42$797,709
Jan 20137,19740,05291.603.42$796,219
Dec 20128,47158,73786.773.42$935,919
Nov 20126,58244,48386.953.62$733,554
Oct 2012287089.383.40$25,652
Sep 20122,94539,39394.672.92$393,768
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$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             0 bbl  × $106.41 =         $0
Gas                   21 Mcf  × $  3.05 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/269294 is the state's own key, not one this site invented.