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 270945District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.1 M
Dec 2012 – May 2026
Value, last 12 filed months
$628 k
at the published price for each month
Months reported
162
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 Gas112015-03-30212945
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
CondensateDisposition107,304 bbl$7,961,144
GasProduction1,997,094 Mcf$7,150,509
Total$15,111,653

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 28.3104, -98.8705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31045, -98.87054 · 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
11,014 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 11,014 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-28333545H 2H11,014 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 (162)

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

162 months

May 202602106.413.05$6
Apr 20260598.932.87$14
Mar 20264961,80189.753.15$50,188
Feb 20261,0786,54363.503.75$92,991
Jan 20261,1606,77859.138.00$122,801
Dec 20251256.664.41$65
Nov 2025113058.593.93$6,621
Oct 20256389,58959.383.30$69,575
Sep 202560511,44262.743.08$73,164
Aug 202556212,38963.933.01$73,279
Jul 20254486,79866.743.32$52,436
Jun 202579410,73366.483.13$86,366
May 20251527,61160.553.23$33,805
Apr 202505,27962.363.54$18,704
Mar 2025695867.704.27$4,495
Feb 20250170.884.34$4
Jan 20252074.324.28$149
Dec 20242016168.993.12$1,882
Nov 202412069.052.20$829
Oct 20241302,50371.372.28$14,988
Sep 202421669.612.36$177
Aug 20241675.632.06$88
Jul 202412079.932.15$123
Jun 202458878.082.63$4,550
May 20243013,40778.812.20$31,212
Apr 20242893,41184.451.66$30,066
Mar 20243193,26380.301.55$30,657
Feb 20242382,91076.091.78$23,300
Jan 20243213,33373.023.30$34,431
Dec 20232584,49571.262.61$30,120
Nov 2023971,21877.892.81$10,975
Oct 20232022,48985.443.09$24,943
Sep 20233463,55789.042.74$40,536
Aug 20234223,52280.522.67$43,393
Jul 20234303,73574.852.64$42,053
Jun 20232994,42068.962.26$30,602
May 20231093,17770.622.23$14,774
Apr 20231102,12178.122.24$13,339
Mar 202301,78172.852.39$4,262
Feb 20231851,97575.112.47$18,765
Jan 20231743,14676.533.39$23,974
Dec 20221582,87976.415.73$28,567
Nov 202202,62985.005.65$14,844
Oct 20221624,12187.185.86$38,288
Sep 2022993,28284.888.16$35,196
Aug 20221842,15294.529.13$37,033
Jul 20221113,881101.587.54$40,546
Jun 20222093,311115.097.98$50,466
May 20225303,512109.378.43$87,583
Apr 20224783,110104.226.84$71,082
Mar 202203,557108.885.08$18,057
Feb 20222232,92691.054.86$34,521
Jan 20222083,28281.844.54$31,915
Dec 20213133,40571.323.90$35,600
Nov 202103,17977.435.24$16,648
Oct 20213245,05079.795.71$54,707
Sep 2021803,62569.865.35$24,986
Aug 20213421,16366.024.22$27,487
Jul 20218694,07270.783.98$77,723
Jun 20213363,62769.493.38$35,610
May 20213374,04963.483.02$33,611
Apr 20212324,51260.362.76$26,450
Mar 20212953,73161.302.72$28,220
Feb 20213222,85557.805.55$34,451
Jan 20216424,30950.412.81$44,473
Dec 20203074,42744.642.68$25,549
Nov 20202764,26038.772.71$22,231
Oct 20204963,94836.972.48$28,122
Sep 20202333,73937.091.99$16,086
Aug 20204593,81639.982.39$27,452
Jul 20202243,89338.371.83$15,700
Jun 20203543,66934.901.69$18,556
May 20201293,62516.921.81$8,761
Apr 20202692,88714.751.80$9,177
Mar 20203454,82130.341.86$19,416
Feb 20202983,95549.881.98$22,698
Jan 20203554,29057.252.09$29,310
Dec 20194396,13659.012.30$40,045
Nov 20191585,22755.302.75$23,115
Oct 20192113,99153.472.42$20,935
Sep 20194325,87955.052.66$39,404
Aug 20194246,65253.112.30$37,847
Jul 20192297,33456.272.46$30,928
Jun 20193557,04452.782.49$36,285
May 20193217,22858.482.74$38,579
Apr 20193026,16462.632.75$35,870
Mar 20193126,65656.803.06$38,103
Feb 20195967,00750.852.79$49,872
Jan 20194858,19446.033.23$48,776
Dec 20183217,84746.594.19$47,799
Nov 20183827,58152.934.24$52,342
Oct 20185278,32961.443.40$60,681
Sep 20183627,44459.543.11$44,689
Aug 20184268,98859.403.07$52,867
Jul 20184069,69165.142.93$54,860
Jun 201830211,08060.183.08$52,267
May 201832412,13965.382.90$56,396
Apr 20184438,19363.842.90$52,047
Mar 201843111,94161.222.79$59,663
Feb 201842711,17861.782.77$57,300
Jan 201855412,72262.874.01$85,837
Dec 201767114,27857.272.92$80,142
Nov 20171,13215,28255.423.12$110,390
Oct 20171,19819,40549.292.98$116,948
Sep 2017113047.523.09$5,370
Aug 20178149,36345.373.00$65,061
Jul 201795619,93843.873.09$103,494
Jun 20171,16024,49442.493.09$124,908
May 201799623,52945.373.26$121,973
Apr 20171,37225,79747.933.21$148,610
Mar 20171,90236,82746.772.98$198,837
Feb 20171,03834,52850.452.95$154,314
Jan 2017293,82449.413.42$14,506
Dec 2016223048.763.72$10,873
Nov 201643310,03642.492.64$44,937
Oct 201636911,85046.193.09$53,664
Sep 20163518,88641.553.10$42,136
Aug 201645613,70441.442.92$58,972
Jul 201660813,79141.622.92$65,635
Jun 201653113,32545.352.69$59,870
May 201634014,30042.521.99$42,929
Apr 201647914,20136.561.99$45,787
Mar 201658314,40433.011.79$45,086
Feb 201648713,47326.472.06$40,694
Jan 201662814,87127.352.36$52,336
Dec 201554815,31332.362.00$48,381
Nov 201574114,69838.792.17$60,599
Oct 20151,03215,20643.552.43$81,842
Sep 201519815,72842.992.76$51,896
Aug 201556416,83940.162.87$71,020
Jul 201550715,72348.152.95$70,718
Jun 201571817,79256.152.88$91,608
May 201569719,49855.212.96$96,107
Apr 201567319,65349.822.71$86,721
Mar 20151,00922,20142.892.93$108,430
Feb 201567619,15544.662.98$87,199
Jan 20151,38022,61643.433.10$130,057
Dec 20141,03723,73554.693.59$141,954
Nov 20141,18323,62870.464.25$183,817
Oct 20142,07324,88678.303.90$259,395
Sep 2014025,33986.164.05$102,507
Aug 20141,65627,58189.394.04$259,322
Jul 201472829,24496.564.18$192,524
Jun 20141,27730,15898.164.74$268,205
May 20141,70033,37494.734.73$318,785
Apr 20141,72535,00395.944.81$333,830
Mar 20141,76139,99895.895.06$371,124
Feb 20141,96537,98897.406.19$426,613
Jan 20141,88544,78990.404.86$388,111
Dec 20132,83550,48391.824.35$480,137
Nov 20133,34358,15388.853.74$514,418
Oct 20134,19570,59697.423.78$675,485
Sep 20133,79987,272104.113.72$719,969
Aug 20133,55487,810104.253.52$679,825
Jul 20136,14477,775102.523.72$919,030
Jun 20135,24361,22694.403.93$735,766
May 20135,27874,22194.834.15$808,462
Apr 201356410,50893.964.28$97,995
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$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             0 bbl  × $106.41 =         $0
Gas                    2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/270945 is the state's own key, not one this site invented.