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 269333District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Jul 2012 – May 2026
Value, last 12 filed months
$74 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 Gas112014-09-26213917
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
CondensateDisposition79,028 bbl$6,043,148
GasProduction949,698 Mcf$3,304,957
Total$9,348,105

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 28.3308, -99.5286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33077, -99.52862 · 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
8,060 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 8,060 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-1273467148,060 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 20262988106.413.05$3,354
Apr 20261952,78098.932.87$27,269
Mar 2026933589.753.15$1,863
Feb 2026271,17663.503.75$6,125
Jan 2026726759.138.00$2,549
Dec 2025111,64756.664.41$7,892
Nov 2025311,55858.593.93$7,934
Oct 20252396359.383.30$4,548
Sep 20252837862.743.08$2,920
Aug 20253232263.933.01$3,017
Jul 20253230266.743.32$3,137
Jun 20253130566.483.13$3,015
May 20253231960.553.23$2,969
Apr 20254824862.363.54$3,872
Mar 202516610867.704.27$11,699
Feb 2025201870.884.34$1,496
Jan 20251152,32074.324.28$18,473
Dec 20246187968.993.12$6,952
Nov 20247783269.052.20$7,146
Oct 20245068571.372.28$5,131
Sep 20247238169.612.36$5,913
Aug 20245747275.632.06$5,285
Jul 20247339479.932.15$6,681
Jun 202411073178.082.63$10,514
May 20241251,13878.812.20$12,353
Apr 202411390384.451.66$11,041
Mar 202413292280.301.55$12,024
Feb 20244280176.091.78$4,624
Jan 20246095973.023.30$7,544
Dec 20231081,91771.262.61$12,701
Nov 202376077.892.81$5,920
Oct 202311,58485.443.09$4,976
Sep 202313089.042.74$1,158
Aug 202322080.522.67$1,771
Jul 2023341,28974.852.64$5,950
Jun 2023851,49668.962.26$9,240
May 2023411,51170.622.23$6,261
Apr 2023851,59078.122.24$10,198
Mar 2023501,73672.852.39$7,797
Feb 2023151,43475.112.47$4,662
Jan 20231422,23576.533.39$18,439
Dec 20221161,97776.415.73$20,190
Nov 20221361,52185.005.65$20,148
Oct 20221481,47887.185.86$21,569
Sep 202217227084.888.16$16,804
Aug 20221732,60394.529.13$40,110
Jul 20221422,215101.587.54$31,130
Jun 20221792,759115.097.98$42,610
May 20221892,888109.378.43$45,026
Apr 20221882,722104.226.84$38,205
Mar 20221982,753108.885.08$35,534
Feb 20221981,90391.054.86$27,274
Jan 20222191,69681.844.54$25,619
Dec 20212352,21771.323.90$25,405
Nov 20212222,37877.435.24$29,643
Oct 20212242,46579.795.71$31,958
Sep 20212252,60269.865.35$29,642
Aug 20212002,38366.024.22$23,262
Jul 20211872,14170.783.98$21,761
Jun 20212202,37269.493.38$23,307
May 20212702,47463.483.02$24,605
Apr 20212642,27660.362.76$22,213
Mar 20213152,66861.302.72$26,558
Feb 20213312,62157.805.55$33,673
Jan 20213283,00050.412.81$24,965
Dec 20202863,04344.642.68$20,908
Nov 20203093,18538.772.71$20,600
Oct 20201561,71036.972.48$10,005
Sep 20202282,47337.091.99$13,380
Aug 20201143,02239.982.39$11,765
Jul 2020824538.371.83$754
Jun 20201781,72434.901.69$9,126
May 2020026416.921.81$479
Apr 20202432514.751.80$940
Mar 20201314,41230.341.86$12,164
Feb 20201712,91349.881.98$14,299
Jan 20201824,68757.252.09$20,238
Dec 2019254,12159.012.30$10,972
Nov 20191545,22455.302.75$22,886
Oct 20192266,59753.472.42$28,039
Sep 20193378,93155.052.66$42,284
Aug 20193909,18153.112.30$41,869
Jul 20194219,36756.272.46$46,733
Jun 201935811,15752.782.49$46,690
May 2019019458.482.74$532
Apr 2019064662.632.75$1,777
Mar 20190056.803.06$0
Feb 2019321650.852.79$756
Jan 20192097346.033.23$9,856
Dec 201810620146.594.19$5,780
Nov 201814516152.934.24$8,357
Oct 2018343361.443.40$2,201
Sep 20183452,88259.543.11$29,499
Aug 2018114859.403.07$513
Jul 20182131565.142.93$2,291
Jun 20181462,02160.183.08$15,005
May 2018992,01965.382.90$12,329
Apr 2018257,20363.842.90$22,490
Mar 201864661.222.79$3,935
Feb 20181112,36761.782.77$13,405
Jan 20182941,74762.874.01$25,488
Dec 201733636757.272.92$20,315
Nov 201729633155.423.12$17,437
Oct 20172253,15749.292.98$20,510
Sep 201719851047.523.09$10,983
Aug 201728530145.373.00$13,835
Jul 20173885,68343.873.09$34,567
Jun 20172984,77942.493.09$27,416
May 20173644,73945.373.26$31,980
Apr 20172363,34447.933.21$22,051
Mar 20172203,18646.772.98$19,795
Feb 20174403,45050.452.95$32,384
Jan 20173858,99449.413.42$49,772
Dec 20165293,22948.763.72$37,815
Nov 20164944,47742.492.64$32,829
Oct 20165195,22546.193.09$40,119
Sep 20162864,72341.553.10$26,528
Aug 20164175,24841.442.92$32,627
Jul 20163785,27841.622.92$31,167
Jun 20168475,49045.352.69$53,157
May 20168684,92242.521.99$46,707
Apr 20161,2494,91436.561.99$55,447
Mar 20169735,35233.011.79$41,720
Feb 20161,4214,86626.472.06$47,655
Jan 20168565,36127.352.36$36,087
Dec 20158405,61432.362.00$38,418
Nov 20155805,41338.792.17$34,230
Oct 20154735,84943.552.43$34,792
Sep 20155236,55242.992.76$40,557
Aug 20153006,72940.162.87$31,377
Jul 20151395,31648.152.95$22,349
Jun 20154646,46556.152.88$44,691
May 20156206,44455.212.96$53,275
Apr 20154775,62449.822.71$38,986
Mar 20151795,37842.892.93$23,460
Feb 20151406,00744.662.98$24,130
Jan 20153008,62443.433.10$39,769
Dec 20141956,46454.693.59$33,879
Nov 20142418,60670.464.25$53,572
Oct 20141898,65978.303.90$48,577
Sep 20141789,59986.164.05$54,169
Aug 20148799,51789.394.04$116,976
Jul 201467910,08996.564.18$107,732
Jun 201435115,95098.164.74$110,007
May 201445711,43094.734.73$97,316
Apr 20144739,53795.944.81$91,244
Mar 20143867,85095.895.06$76,709
Feb 20146149,06997.406.19$115,959
Jan 201481311,51390.404.86$129,457
Dec 20134007,67591.824.35$70,149
Nov 20134196988.853.74$7,265
Oct 20131202,00097.423.78$19,249
Sep 201373216,372104.113.72$137,075
Aug 20131,28524,844104.253.52$221,477
Jul 20131,81527,794102.523.72$289,405
Jun 20132,13232,42394.403.93$328,794
May 20132,89534,81494.834.15$418,979
Apr 20132,98627,87093.964.28$399,920
Mar 20131,4668,96193.623.91$172,310
Feb 20131,22115,03991.233.42$162,824
Jan 20133,04032,92991.603.42$391,078
Dec 20123,13635,88686.773.42$394,847
Nov 20123,74436,64586.953.62$458,377
Oct 20123,66233,31889.383.40$440,580
Sep 20123,88838,35694.672.92$480,015
Aug 20124,98746,28992.662.91$596,711
Jul 20125,62043,07285.133.02$608,543

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            29 bbl  × $106.41 =     $3,086
Gas                   88 Mcf  × $  3.05 =       $268

────────────────────────────────────────────────────
Month total                                   $3,354

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/269333 is the state's own key, not one this site invented.