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 270312District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.9 M
Aug 2012 – May 2026
Value, last 12 filed months
$6.6 M
at the published price for each month
Months reported
166
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 Gas112014-06-18212936
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
CondensateDisposition283,217 bbl$21,166,079
GasProduction2,058,810 Mcf$7,776,101
Total$28,942,180

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 28.3348, -98.8703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33477, -98.87030 · 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
10,690 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 10,690 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-28333296A 2H10,690 ftJun 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 (166)

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

166 months

May 20262,07023,076106.413.05$290,555
Apr 20262,95136,91698.932.87$397,881
Mar 20263,36045,21189.753.15$443,949
Feb 20263,50644,93063.503.75$391,133
Jan 20264,31954,34959.138.00$690,061
Dec 20254,96251,56456.664.41$508,717
Nov 20256,56146,24758.593.93$565,995
Oct 20255,95544,37759.383.30$500,267
Sep 20256,68552,66462.743.08$581,460
Aug 20257,70159,82463.933.01$672,680
Jul 20258,83566,91866.743.32$811,494
Jun 20258,47947,77066.483.13$713,143
May 202513,02075,20760.553.23$1,031,454
Apr 202515,29886,01462.363.54$1,258,741
Mar 202510,49061,80967.704.27$973,994
Feb 202504,27570.884.34$18,557
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240271.372.28$5
Sep 20248369.612.36$564
Aug 20243075.632.06$227
Jul 202471979.932.15$600
Jun 20244957678.082.63$5,343
May 20242621,66778.812.20$24,313
Apr 20243332,05984.451.66$31,538
Mar 20244392,93380.301.55$39,784
Feb 20241511,85176.091.78$14,791
Jan 202416161973.023.30$13,797
Dec 20233052,34071.262.61$27,843
Nov 20233562,42877.892.81$34,546
Oct 20232792,29485.443.09$30,920
Sep 20233442,30389.042.74$36,929
Aug 20233982,26480.522.67$38,098
Jul 20233772,19374.852.64$34,012
Jun 20235862,28068.962.26$45,560
May 20235372,33270.622.23$43,117
Apr 20234892,34278.122.24$43,442
Mar 202302,31172.852.39$5,531
Feb 20234952,18675.112.47$42,569
Jan 20234912,40376.533.39$45,717
Dec 20224682,34076.415.73$49,166
Nov 202202,44585.005.65$13,805
Oct 20224062,43787.185.86$49,685
Sep 20224012,37384.888.16$53,409
Aug 20224482,34794.529.13$63,766
Jul 20224672,535101.587.54$66,557
Jun 20224792,642115.097.98$76,204
May 20221643,247109.378.43$45,319
Apr 20223611,119104.226.84$45,275
Mar 2022019108.885.08$96
Feb 20222482,15791.054.86$33,061
Jan 20222452,18681.844.54$29,970
Dec 20211523,20371.323.90$23,330
Nov 2021029477.435.24$1,540
Oct 20213332,87279.795.71$42,980
Sep 20213582,80969.865.35$40,041
Aug 20213582,91166.024.22$35,921
Jul 20215823,00970.783.98$53,176
Jun 20213022,48769.493.38$29,394
May 20213022,98863.483.02$28,188
Apr 20212243,18960.362.76$22,317
Mar 20213082,21661.302.72$24,901
Feb 20212772,32957.805.55$28,932
Jan 20215732,79850.412.81$36,748
Dec 20202782,95144.642.68$20,305
Nov 20202732,92138.772.71$18,490
Oct 20206223,02236.972.48$30,485
Sep 20203623,09537.091.99$19,589
Aug 20202233,95039.982.39$18,337
Jul 20202391,13738.371.83$11,246
Jun 20205582,81334.901.69$24,229
May 20202813,17316.921.81$10,513
Apr 20205493,44114.751.80$14,307
Mar 20205092,65830.341.86$20,377
Feb 20205113,31749.881.98$32,059
Jan 20205613,61757.252.09$39,694
Dec 20195455,00459.012.30$43,691
Nov 20191971,52155.302.75$15,078
Oct 20195022,86553.472.42$33,771
Sep 20195675,75555.052.66$46,506
Aug 2019514053.112.30$27,299
Jul 20192623,68756.272.46$23,813
Jun 20194913,59652.782.49$34,873
May 20194663,81058.482.74$37,692
Apr 20194333,50262.632.75$36,752
Mar 20194043,65556.803.06$34,139
Feb 20195853,40050.852.79$39,241
Jan 20195443,86546.033.23$37,517
Dec 20184923,93746.594.19$39,400
Nov 20185953,96152.934.24$48,277
Oct 20185964,50661.443.40$51,930
Sep 20182841,56559.543.11$21,773
Aug 20186773,50959.403.07$50,974
Jul 20187254,48565.142.93$60,376
Jun 20186074,61560.183.08$50,729
May 20186875,84165.382.90$61,860
Apr 20186064,23163.842.90$50,960
Mar 20185882,94061.222.79$44,191
Feb 20187766,54861.782.77$66,054
Jan 20180362.874.01$12
Dec 2017200757.272.92$11,474
Nov 20171,0046,88155.423.12$77,099
Oct 20170049.292.98$0
Sep 201743047.523.09$2,043
Aug 201748162445.373.00$23,698
Jul 20176965,55243.873.09$47,674
Jun 20176885,79142.493.09$47,112
May 20175975,07845.373.26$43,657
Apr 20176567,31747.933.21$54,941
Mar 201731676546.772.98$17,062
Feb 20178504,59850.452.95$56,459
Jan 20173263,46849.413.42$27,964
Dec 20163902,56048.763.72$28,547
Nov 20167615,32242.492.64$46,408
Oct 20166935,65746.193.09$49,491
Sep 20166554,61141.553.10$41,512
Aug 20168856,30041.442.92$55,098
Jul 20161,4696,80341.622.92$81,034
Jun 20167127,29645.352.69$51,885
May 20162721,87642.521.99$15,301
Apr 20165814,00136.561.99$29,208
Mar 20169835,86433.011.79$42,969
Feb 20167876,70126.472.06$34,660
Jan 20166442,34427.352.36$23,155
Dec 20151,1547,52832.362.00$52,410
Nov 20156442,99538.792.17$31,472
Oct 20151,5051,40943.552.43$68,962
Sep 20151998,23742.992.76$31,276
Aug 20158704,77440.162.87$48,652
Jul 20151,0919,71848.152.95$81,152
Jun 20151,2008,44956.152.88$91,737
May 20151,2995,42755.212.96$87,757
Apr 20152,21312,95649.822.71$145,318
Mar 20153,97420,37042.892.93$230,225
Feb 20152,80227,00344.662.98$205,503
Jan 20151,33932,17743.433.10$157,922
Dec 20141,51010,92154.693.59$121,803
Nov 20141,6956,98370.464.25$149,120
Oct 20144,53419,99978.303.90$433,028
Sep 2014020,52386.164.05$83,025
Aug 20143,80322,80689.394.04$431,975
Jul 20141,72824,44296.564.18$269,013
Jun 20143,58725,16498.164.74$471,299
May 20143,65627,75994.734.73$477,537
Apr 20143,77429,02095.944.81$501,638
Mar 20144,04032,44595.895.06$551,463
Feb 20144,53432,82297.406.19$644,845
Jan 20144,28139,37390.404.86$578,384
Dec 20136,43242,92491.824.35$777,498
Nov 20137,55648,87288.853.74$854,048
Oct 20139,29461,26597.423.78$1,136,964
Sep 20137,99270,261104.113.72$1,093,259
Aug 20136,60069,128104.253.52$931,561
Jul 201311,67459,175102.523.72$1,416,816
Jun 20139,26342,91494.403.93$1,043,226
May 201313,11367,91894.834.15$1,525,303
Apr 20136,34545,23393.964.28$789,891
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
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

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         2,070 bbl  × $106.41 =   $220,269
Gas               23,076 Mcf  × $  3.05 =    $70,286

────────────────────────────────────────────────────
Month total                                 $290,555

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/270312 is the state's own key, not one this site invented.