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 270416District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Sep 2012 – May 2026
Value, last 12 filed months
$413 k
at the published price for each month
Months reported
165
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 Gas112014-06-18212939
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
CondensateDisposition97,469 bbl$7,695,330
GasProduction763,778 Mcf$2,777,269
Total$10,472,599

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 28.3350, -98.8457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33496, -98.84569 · 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
10,883 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 10,883 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-28333386Y 2H10,883 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 (165)

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

165 months

May 20263111,343106.413.05$37,184
Apr 20263581,43398.932.87$39,529
Mar 20263941,47489.753.15$40,004
Feb 20264241,40763.503.75$32,201
Jan 20265921,49859.138.00$46,986
Dec 2025861,53356.664.41$11,638
Nov 20252781,64058.593.93$22,727
Oct 20251261,40359.383.30$12,119
Sep 202517352262.743.08$12,460
Aug 20255742,38763.933.01$43,892
Jul 20257822,13166.743.32$59,255
Jun 20257302,16166.483.13$55,292
May 20252312,39660.553.23$21,732
Apr 202502,74462.363.54$9,722
Mar 202502,74467.704.27$11,712
Feb 202502,73870.884.34$11,885
Jan 202503,08474.324.28$13,195
Dec 202404,03868.993.12$12,604
Nov 20240069.052.20$0
Oct 202403,36971.372.28$7,686
Sep 202434,59969.612.36$11,083
Aug 202494,59675.632.06$10,165
Jul 202405,68779.932.15$12,208
Jun 202406,58678.082.63$17,347
May 202408,07078.812.20$17,741
Apr 202434,66084.451.66$7,985
Mar 20240080.301.55$0
Feb 202415076.091.78$1,141
Jan 202410046973.023.30$8,849
Dec 20231791,54271.262.61$16,781
Nov 20232111,67477.892.81$21,135
Oct 20231501,51285.443.09$17,484
Sep 20232231,62089.042.74$24,287
Aug 20233081,68980.522.67$29,315
Jul 20232321,64974.852.64$21,722
Jun 20233351,63868.962.26$26,801
May 20233181,64070.622.23$26,110
Apr 20232961,61778.122.24$26,742
Mar 202301,81572.852.39$4,344
Feb 20232931,55475.112.47$25,839
Jan 20232931,73276.533.39$28,291
Dec 20222821,78476.415.73$31,768
Nov 202201,84985.005.65$10,440
Oct 20222441,90187.185.86$32,419
Sep 20222461,82784.888.16$35,796
Aug 20222601,95994.529.13$42,455
Jul 20222272,015101.587.54$38,256
Jun 20222301,729115.097.98$40,263
May 20222022,071109.378.43$39,558
Apr 20224901,998104.226.84$64,729
Mar 202202,091108.885.08$10,615
Feb 20221881,56391.054.86$24,712
Jan 20221711,69381.844.54$21,677
Dec 20211801,71471.323.90$19,521
Nov 202101,62777.435.24$8,520
Oct 20211411,58579.795.71$20,307
Sep 20212351,26569.865.35$23,186
Aug 20212552,03566.024.22$25,424
Jul 20214182,00770.783.98$37,578
Jun 20212221,98169.493.38$22,124
May 20212102,14063.483.02$19,789
Apr 20212271,94560.362.76$19,067
Mar 20212322,20061.302.72$20,199
Feb 20212161,74957.805.55$22,188
Jan 20214312,16850.412.81$27,819
Dec 20202132,20044.642.68$15,394
Nov 20202102,15038.772.71$13,961
Oct 20204082,23036.972.48$20,611
Sep 20201952,23637.091.99$11,685
Aug 20203912,32639.982.39$21,180
Jul 20201852,42838.371.83$11,530
Jun 20203442,10134.901.69$15,557
May 20201482,24316.921.81$6,575
Apr 20202842,06414.751.80$7,913
Mar 20202882,34230.341.86$13,085
Feb 20202692,07649.881.98$17,530
Jan 20202562,34657.252.09$19,570
Dec 20193532,31459.012.30$26,163
Nov 20192192,19055.302.75$18,135
Oct 20193172,26953.472.42$22,438
Sep 20193622,28255.052.66$25,992
Aug 20194231,78453.112.30$26,577
Jul 20191432,27156.272.46$13,633
Jun 20192592,06652.782.49$18,817
May 20192532,22458.482.74$20,890
Apr 20192572,09862.632.75$21,867
Mar 20192272,63456.803.06$20,959
Feb 20192381,51350.852.79$16,327
Jan 20192752,19846.033.23$19,754
Dec 20182913,20546.594.19$26,972
Nov 20183413,12552.934.24$31,291
Oct 20183703,53561.443.40$34,745
Sep 20183022,92359.543.11$27,066
Aug 20183932,95259.403.07$32,397
Jul 20183362,62965.142.93$29,595
Jun 20182592,44660.183.08$23,113
May 20182793,12165.382.90$27,294
Apr 20183122,03663.842.90$25,824
Mar 20182502,43761.222.79$22,097
Feb 20182102,69961.782.77$20,440
Jan 20181983,92562.874.01$28,185
Dec 20171903,42757.272.92$20,893
Nov 20171614,10055.423.12$21,708
Oct 20170049.292.98$0
Sep 20172047.523.09$95
Aug 20179812745.373.00$4,828
Jul 20172363,49143.873.09$21,131
Jun 20173013,99842.493.09$25,132
May 20172543,57145.373.26$23,178
Apr 20173373,63447.933.21$27,823
Mar 20174823,96646.772.98$34,376
Feb 20177833,53450.452.95$49,937
Jan 20174103,80149.413.42$33,253
Dec 20162623,97448.763.72$27,570
Nov 20164873,98642.492.64$31,233
Oct 20164574,22146.193.09$34,153
Sep 20163564,32241.553.10$28,193
Aug 20164024,06041.442.92$28,532
Jul 20165714,09041.622.92$35,726
Jun 20165004,04945.352.69$33,550
May 20163203,75742.521.99$21,087
Apr 20164453,71636.561.99$23,668
Mar 20164994,44333.011.79$24,443
Feb 20163602,68026.472.06$15,060
Jan 20165764,02527.352.36$25,270
Dec 20154924,10332.362.00$24,133
Nov 20156483,90438.792.17$33,597
Oct 20159904,09243.552.43$53,044
Sep 20152074,92642.992.76$22,487
Aug 20155905,17940.162.87$38,571
Jul 20155175,32948.152.95$40,588
Jun 20156765,27956.152.88$53,176
May 20156315,63555.212.96$51,491
Apr 20156025,76449.822.71$45,592
Mar 20158756,10742.892.93$55,451
Feb 20155865,61344.662.98$42,876
Jan 20151,2016,78043.433.10$73,182
Dec 20149017,04554.693.59$74,577
Nov 20141,0126,94970.464.25$100,852
Oct 20141,7687,52378.303.90$167,781
Sep 201408,28786.164.05$33,525
Aug 20141,5746,75489.394.04$167,953
Jul 201487111,03796.564.18$130,234
Jun 20141,71910,91998.164.74$220,459
May 20141,62711,70994.734.73$209,469
Apr 20141,47411,46795.944.81$196,562
Mar 20141,41414,09995.895.06$206,884
Feb 201478814,02397.406.19$163,582
Jan 20142,11516,29390.404.86$270,392
Dec 20133,09617,96391.824.35$362,494
Nov 20133,32321,40588.853.74$375,266
Oct 20133,87526,06597.423.78$476,012
Sep 20133,34031,707104.113.72$465,606
Aug 20133,24841,292104.253.52$484,060
Jul 20137,24043,144102.523.72$902,643
Jun 20137,27233,77594.403.93$819,328
May 20139,17045,32994.834.15$1,057,665
Apr 20131,7466,40293.964.28$191,471
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

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           311 bbl  × $106.41 =    $33,094
Gas                1,343 Mcf  × $  3.05 =     $4,091

────────────────────────────────────────────────────
Month total                                  $37,184

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/270416 is the state's own key, not one this site invented.