LIGHT RANCH

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 270433District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.1 M
Oct 2012 – May 2026
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
164
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 Gas112014-06-18212941
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
CondensateDisposition48,820 bbl$3,854,764
GasProduction1,452,638 Mcf$5,265,033
Total$9,119,797

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 28.2869, -99.3673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28691, -99.36730 · 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
9,130 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 9,130 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-28333458Y 3H9,130 ftMar 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 (164)

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

164 months

May 2026552,595106.413.05$13,757
Apr 2026703,20898.932.87$16,131
Mar 2026613,27489.753.15$15,786
Feb 2026342,13063.503.75$10,147
Jan 2026553,16359.138.00$28,550
Dec 20251054,87356.664.41$27,456
Nov 2025231,70858.593.93$8,054
Oct 20250059.383.30$0
Sep 202548762.743.08$3,033
Aug 2025252,85063.933.01$10,190
Jul 2025242,68866.743.32$10,513
Jun 2025702,17766.483.13$11,465
May 2025372,05660.553.23$8,886
Apr 2025321,82262.363.54$8,451
Mar 2025291,51867.704.27$8,443
Feb 2025291,63270.884.34$9,140
Jan 2025441,91674.324.28$11,468
Dec 2024382,11968.993.12$9,236
Nov 2024343,56269.052.20$10,179
Oct 2024112871.372.28$363
Sep 2024786469.612.36$2,530
Aug 2024263,76875.632.06$9,742
Jul 2024661,56779.932.15$8,639
Jun 2024583,27278.082.63$13,147
May 2024773,73678.812.20$14,282
Apr 20241104,24684.451.66$16,334
Mar 20241014,27480.301.55$14,714
Feb 2024834,76176.091.78$14,807
Jan 2024753,59373.023.30$17,325
Dec 2023635,11871.262.61$17,851
Nov 2023373,25177.892.81$12,009
Oct 2023412,20485.443.09$10,307
Sep 2023773,27289.042.74$15,805
Aug 20231265,15980.522.67$23,935
Jul 2023664,12974.852.64$15,848
Jun 2023474,81668.962.26$14,118
May 2023331,10770.622.23$4,796
Apr 2023484,00578.122.24$12,712
Mar 2023591,83472.852.39$8,687
Feb 20231133,87575.112.47$18,042
Jan 20231034,58476.533.39$23,412
Dec 20221033,23276.415.73$26,387
Nov 20221233,65585.005.65$31,092
Oct 20221104,33287.185.86$34,992
Sep 20221194,40784.888.16$46,078
Aug 20221504,42994.529.13$54,602
Jul 20221094,528101.587.54$45,223
Jun 20221584,503115.097.98$54,106
May 20221484,872109.378.43$57,273
Apr 20221134,610104.226.84$43,298
Mar 20221524,815108.885.08$40,993
Feb 20221444,25291.054.86$33,771
Jan 20221384,83781.844.54$33,243
Dec 20211484,54371.323.90$28,269
Nov 20211614,60077.435.24$36,556
Oct 20211074,66679.795.71$35,198
Sep 20211144,63869.865.35$32,782
Aug 20211225,08366.024.22$29,508
Jul 20211275,45370.783.98$30,703
Jun 20211275,96369.493.38$28,984
May 20213045,99163.483.02$37,377
Apr 20212345,97460.362.76$30,603
Mar 202104,67261.302.72$12,694
Feb 20211304,59757.805.55$33,018
Jan 20211525,21450.412.81$22,315
Dec 20201754,99144.642.68$21,165
Nov 20201164,87238.772.71$17,684
Oct 20201345,18836.972.48$17,812
Sep 20201515,10437.091.99$15,763
Aug 20201375,39339.982.39$18,340
Jul 20201585,45138.371.83$16,011
Jun 20201535,30734.901.69$14,310
May 20201505,48016.921.81$12,483
Apr 20201625,28714.751.80$11,929
Mar 20201665,61730.341.86$15,463
Feb 20201255,29749.881.98$16,727
Jan 20201771,16457.252.09$12,572
Dec 20191875,67559.012.30$24,112
Nov 20191576,03355.302.75$25,277
Oct 20191816,35853.472.42$25,055
Sep 20191356,77055.052.66$25,422
Aug 2019994,13653.112.30$14,789
Jul 20191195,71056.272.46$20,743
Jun 2019685,18352.782.49$16,501
May 2019705,46458.482.74$19,067
Apr 2019514,99662.632.75$16,937
Mar 20191036,05356.803.06$24,385
Feb 2019935,88050.852.79$21,147
Jan 2019966,31446.033.23$24,802
Dec 20181106,62246.594.19$32,841
Nov 20181166,72852.934.24$34,648
Oct 20181117,88061.443.40$33,597
Sep 20181327,40859.543.11$30,883
Aug 20181438,18159.403.07$33,582
Jul 20181367,32265.142.93$30,326
Jun 20181586,52160.183.08$29,573
May 20181576,23765.382.90$28,357
Apr 20181646,14263.842.90$28,286
Mar 20181476,49861.222.79$27,108
Feb 20181595,87161.782.77$26,063
Jan 20181526,13762.874.01$34,161
Dec 20171917,32357.272.92$32,333
Nov 20171867,48255.423.12$33,640
Oct 20172028,45849.292.98$35,193
Sep 20171197,09247.523.09$27,550
Aug 20171445,60345.373.00$23,367
Jul 20171937,73143.873.09$32,335
Jun 20171807,51642.493.09$30,852
May 20172458,06145.373.26$37,422
Apr 20172188,06047.933.21$36,334
Mar 20172138,26146.772.98$34,610
Feb 20172327,98550.452.95$35,281
Jan 20172498,79749.413.42$42,378
Dec 20162388,42248.763.72$42,959
Nov 20162457,39642.492.64$29,968
Oct 20162559,06146.193.09$39,779
Sep 20162219,01041.553.10$37,119
Aug 201624410,29341.442.92$40,212
Jul 20161949,50141.622.92$35,858
Jun 20162268,92345.352.69$34,215
May 201629210,46342.521.99$33,248
Apr 201629110,30036.561.99$31,147
Mar 201633511,37933.011.79$31,472
Feb 20162899,80326.472.06$27,880
Jan 201633510,62227.352.36$34,276
Dec 201536110,79332.362.00$33,283
Nov 201530310,38038.792.17$34,250
Oct 201531011,24943.552.43$40,797
Sep 201529310,96142.992.76$42,831
Aug 201535111,77640.162.87$47,923
Jul 201534612,25048.152.95$52,737
Jun 201537812,27256.152.88$56,603
May 201537113,17255.212.96$59,412
Apr 201534712,23449.822.71$50,400
Mar 201534812,97642.892.93$53,007
Feb 201528811,79344.662.98$47,960
Jan 201536113,91843.433.10$58,833
Dec 201430214,33054.693.59$67,981
Nov 201419413,85970.464.25$72,595
Oct 201425417,75678.303.90$89,154
Sep 201426819,06086.164.05$100,197
Aug 201427621,92289.394.04$113,130
Jul 201425325,33696.564.18$130,324
Jun 201431823,07798.164.74$140,528
May 201442827,00894.734.73$168,199
Apr 201456726,66995.944.81$182,652
Mar 201467826,49495.895.06$198,988
Feb 201462424,82597.406.19$214,494
Jan 201479127,48290.404.86$205,089
Dec 201395231,54191.824.35$224,757
Nov 20131,05931,63888.853.74$212,364
Oct 20131,31341,52097.423.78$284,831
Sep 20131,63345,032104.113.72$337,429
Aug 20132,87044,416104.253.52$455,658
Jul 20132,30338,660102.523.72$379,831
Jun 20133,10846,34094.403.93$475,669
May 20134,40051,26594.834.15$629,955
Apr 20134,06344,72493.964.28$573,294
Mar 20132,20118,37193.623.91$277,941
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

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            55 bbl  × $106.41 =     $5,853
Gas                2,595 Mcf  × $  3.05 =     $7,904

────────────────────────────────────────────────────
Month total                                  $13,757

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/270433 is the state's own key, not one this site invented.