LIGHT RANCH

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269332District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Jul 2012 – May 2026
Value, last 12 filed months
$177 k
at the published price for each month
Months reported
167
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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 Gas112014-09-26213916
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
CondensateDisposition68,744 bbl$5,325,553
GasProduction940,864 Mcf$3,270,173
Total$8,595,727

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 28.3284, -99.5278. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32836, -99.52783 · 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
8,079 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 8,079 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-1273451538,079 ftJul 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 (167)

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

167 months

May 2026644,682106.413.05$21,071
Apr 20261741,78998.932.87$22,348
Mar 202617744489.753.15$17,284
Feb 20262063.503.75$127
Jan 2026243,40159.138.00$28,620
Dec 2025283,92056.664.41$18,887
Nov 2025202,69658.593.93$11,757
Oct 2025121,12659.383.30$4,434
Sep 2025283,12162.743.08$11,360
Aug 2025323,72663.933.01$13,279
Jul 2025323,71866.743.32$14,462
Jun 2025313,54066.483.13$13,137
May 2025323,83560.553.23$14,334
Apr 2025312,74262.363.54$11,648
Mar 20253515267.704.27$3,018
Feb 2025911,31370.884.34$12,150
Jan 2025991,50974.324.28$13,814
Dec 20241142,06068.993.12$14,295
Nov 20241542,44769.052.20$16,013
Oct 20241302,00571.372.28$13,852
Sep 20241702,20569.612.36$17,047
Aug 20241592,69175.632.06$17,578
Jul 20241532,38979.932.15$17,357
Jun 2024351,83578.082.63$7,566
May 2024531,85578.812.20$8,255
Apr 2024601,81184.451.66$8,072
Mar 2024621,90380.301.55$7,919
Feb 2024621,45976.091.78$7,320
Jan 20241152,88173.023.30$17,898
Dec 20232115,14271.262.61$28,460
Nov 20232034,45077.892.81$28,305
Oct 20232441,32685.443.09$24,941
Sep 20232163,61389.042.74$29,114
Aug 20232483,51980.522.67$29,375
Jul 20232523,54874.852.64$28,235
Jun 20232313,00668.962.26$22,719
May 20232762,37270.622.23$24,775
Apr 20232922,28378.122.24$27,920
Mar 20233012,01672.852.39$26,752
Feb 20231091,04775.112.47$10,769
Jan 20232861,22776.533.39$26,044
Dec 20221032,33376.415.73$21,236
Nov 202272,93985.005.65$17,189
Oct 20222443,74387.185.86$43,220
Sep 20222513,14984.888.16$47,012
Aug 20222221,46894.529.13$34,382
Jul 20222051,665101.587.54$33,381
Jun 20222832,134115.097.98$49,594
May 20223121,795109.378.43$49,261
Apr 20222491,800104.226.84$38,258
Mar 20221792,032108.885.08$29,805
Feb 20222251,56091.054.86$28,066
Jan 20221041,86681.844.54$16,979
Dec 20212842,08871.323.90$28,396
Nov 20213561,97477.435.24$37,903
Oct 20213432,07179.795.71$39,201
Sep 20214062,14869.865.35$39,857
Aug 20214232,06266.024.22$36,629
Jul 20212481,39570.783.98$23,108
Jun 20212952,04469.493.38$27,410
May 20212852,27263.483.02$24,948
Apr 20213082,08660.362.76$24,345
Mar 20213272,44461.302.72$26,685
Feb 20213872,34057.805.55$35,351
Jan 20213712,73650.412.81$26,391
Dec 20203532,70144.642.68$22,984
Nov 20205342,92738.772.71$28,625
Oct 20201881,31536.972.48$10,210
Sep 202024799537.091.99$11,142
Aug 20204571,98639.982.39$23,008
Jul 20202294,94138.371.83$17,805
Jun 20202552,64434.901.69$13,369
May 2020026416.921.81$479
Apr 20203134514.751.80$1,080
Mar 20204063,35030.341.86$18,536
Feb 20203153,11349.881.98$21,878
Jan 20202532,81457.252.09$20,379
Dec 2019502,74059.012.30$9,264
Nov 2019852,50855.302.75$11,599
Oct 20191052,82453.472.42$12,444
Sep 201917890555.052.66$12,204
Aug 20192112,10453.112.30$16,055
Jul 20192901,60756.272.46$20,272
Jun 20191832,01552.782.49$14,679
May 2019010958.482.74$299
Apr 2019055962.632.75$1,538
Mar 2019020456.803.06$625
Feb 2019033650.852.79$938
Jan 2019045446.033.23$1,466
Dec 201801,65246.594.19$6,914
Nov 20181052.934.24$53
Oct 20180061.443.40$0
Sep 2018291,47959.543.11$6,323
Aug 201811,19459.403.07$3,721
Jul 20181768665.142.93$3,119
Jun 20182505,67460.183.08$32,503
May 201829628765.382.90$20,185
Apr 201834881463.842.90$24,578
Mar 20182624461.222.79$2,272
Feb 201801,28361.782.77$3,549
Jan 2018236862.874.01$1,601
Dec 201710110857.272.92$6,100
Nov 20171651,18955.423.12$12,852
Oct 20174695,53249.292.98$39,623
Sep 20172791,15947.523.09$16,836
Aug 201738542945.373.00$18,756
Jul 20173383,97243.873.09$27,091
Jun 20173104,77942.493.09$27,926
May 20175204,73945.373.26$39,058
Apr 20172054,28247.933.21$23,578
Mar 20171917,18146.772.98$30,359
Feb 20173939,55350.452.95$48,033
Jan 20171526,83549.413.42$30,878
Dec 20161624,53548.763.72$24,782
Nov 20162515,04742.492.64$24,011
Oct 20162985,79446.193.09$31,670
Sep 20162445,61241.553.10$27,539
Aug 20163425,99741.442.92$31,710
Jul 20166085,75541.622.92$42,135
Jun 20165235,74245.352.69$39,140
May 20165685,26142.521.99$34,626
Apr 20165995,40336.561.99$32,657
Mar 20165805,41433.011.79$28,859
Feb 20165265,33226.472.06$24,927
Jan 20165526,06527.352.36$29,437
Dec 20155936,08932.362.00$31,376
Nov 20154475,54238.792.17$29,350
Oct 20154576,48543.552.43$35,639
Sep 20152726,48042.992.76$29,568
Aug 2015397,15840.162.87$22,128
Jul 2015527,94448.152.95$25,900
Jun 20151206,20756.152.88$24,632
May 2015687,36755.212.96$25,527
Apr 2015548,45149.822.71$25,564
Mar 20151518,75642.892.93$32,173
Feb 2015836,89044.662.98$24,213
Jan 20151715,51243.433.10$24,517
Dec 20141009,22154.693.59$38,585
Nov 20141668,52570.464.25$47,943
Oct 201412910,14878.303.90$49,688
Sep 201417410,37386.164.05$56,955
Aug 201437010,44989.394.04$75,237
Jul 201433410,57196.564.18$76,434
Jun 201418315,03398.164.74$89,173
May 20142339,98794.734.73$69,276
Apr 201437510,59695.944.81$86,935
Mar 20142999,47695.895.06$76,589
Feb 201446911,41597.406.19$116,362
Jan 201475313,33790.404.86$132,899
Dec 20132,4138,33091.824.35$257,834
Nov 20131,72412,94888.853.74$201,581
Oct 201385218,09397.423.78$151,382
Sep 201357813,389104.113.72$109,952
Aug 201360814,332104.253.52$113,870
Jul 201385916,034102.523.72$147,675
Jun 20131,00918,70494.403.93$168,820
May 20131,39220,08394.834.15$215,329
Apr 20131,57419,49493.964.28$231,378
Mar 20131,0248,31093.623.91$128,383
Feb 201389913,03291.233.42$126,584
Jan 20132,23928,53791.603.42$302,686
Dec 20122,30931,09986.773.42$306,715
Nov 20122,78631,75786.953.62$357,361
Oct 20123,03829,95889.383.40$373,384
Sep 20123,88337,04294.672.92$475,707
Aug 20124,92044,70492.662.91$585,894
Jul 20124,97936,90285.133.02$535,336

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            64 bbl  × $106.41 =     $6,810
Gas                4,682 Mcf  × $  3.05 =    $14,261

────────────────────────────────────────────────────
Month total                                  $21,071

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/269332 is the state's own key, not one this site invented.