PIERCE

Operated by VERDUN OIL EF II LLC (P-5 102886) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 271314District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Feb 2013 – May 2026
Value, last 12 filed months
$111 k
at the published price for each month
Months reported
160
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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 Gas112014-03-22212702
NGPA2none

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
CondensateDisposition58,018 bbl$4,386,449
GasProduction455,283 Mcf$1,727,956
Total$6,114,405

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 28.3518, -99.1054. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35184, -99.10540 · 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
10,030 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 10,030 ft.

Completions filed
Dec 2013
1 of 1 wells

1 well

42-2833370911H10,030 ftDec 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 (160)

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

160 months

May 202614880106.413.05$15,992
Apr 2026573298.932.87$5,731
Mar 202605989.753.15$186
Feb 202608063.503.75$300
Jan 202612519359.138.00$8,935
Dec 202516242256.664.41$11,041
Nov 202511944358.593.93$8,712
Oct 202516060559.383.30$11,500
Sep 202517737862.743.08$12,268
Aug 202516738963.933.01$11,849
Jul 202517950766.743.32$13,627
Jun 202514846866.483.13$11,303
May 202513441460.553.23$9,452
Apr 202515635462.363.54$10,982
Mar 202519763767.704.27$16,056
Feb 202515644270.884.34$12,976
Jan 202523859674.324.28$20,238
Dec 202415364968.993.12$12,581
Nov 202417394669.052.20$14,025
Oct 202411182871.372.28$9,811
Sep 20248938269.612.36$7,098
Aug 202414586175.632.06$12,743
Jul 20242161,05179.932.15$19,521
Jun 20241131,27578.082.63$12,181
May 20242472,02878.812.20$23,925
Apr 20242131,35184.451.66$20,229
Mar 20241811,19280.301.55$16,376
Feb 20242371,12876.091.78$20,045
Jan 20241521,59373.023.30$16,352
Dec 20231581,01971.262.61$13,919
Nov 202318989977.892.81$17,245
Oct 20232931,12085.443.09$28,492
Sep 202327479189.042.74$26,560
Aug 202318877580.522.67$17,209
Jul 202324760274.852.64$20,078
Jun 202324244168.962.26$17,684
May 202327544670.622.23$20,414
Apr 202328112578.122.24$22,231
Mar 202336425172.852.39$27,118
Feb 202322745975.112.47$18,182
Jan 20231673776.533.39$12,906
Dec 202223285576.415.73$22,625
Nov 202230646285.005.65$28,619
Oct 20223111,76487.185.86$37,457
Sep 202228796984.888.16$32,271
Aug 20223111,36394.529.13$41,836
Jul 2022169360101.587.54$19,882
Jun 2022256932115.097.98$36,898
May 20222231,033109.378.43$33,101
Apr 20223561,464104.226.84$47,113
Mar 20223281,341108.885.08$42,520
Feb 20222901,32691.054.86$32,847
Jan 20223221,24581.844.54$32,002
Dec 202135850971.323.90$27,517
Nov 202128011577.435.24$22,283
Oct 202131390879.795.71$30,162
Sep 20213051,62669.865.35$30,008
Aug 20213721,77766.024.22$32,059
Jul 20213211,68970.783.98$29,446
Jun 202129972469.493.38$23,225
May 20212681,53263.483.02$21,636
Apr 20216322,14760.362.76$44,070
Mar 20214071,12661.302.72$28,008
Feb 202120284757.805.55$16,375
Jan 20213741,07850.412.81$21,883
Dec 20202212,19644.642.68$15,741
Nov 20202762,24238.772.71$16,769
Oct 20202785,25936.972.48$23,312
Sep 20203374,61137.091.99$21,680
Aug 20204183,86739.982.39$25,935
Jul 20203697538.371.83$14,295
Jun 20201611,50734.901.69$8,166
May 20200616.921.81$11
Apr 20204762,93614.751.80$12,319
Mar 20203841,54230.341.86$14,513
Feb 20204921,76749.881.98$28,041
Jan 20204111,73757.252.09$27,168
Dec 20193951,49959.012.30$26,763
Nov 201924659155.302.75$15,229
Oct 20195421,39153.472.42$32,345
Sep 20198561,61255.052.66$51,406
Aug 20197051,31553.112.30$40,473
Jul 20194058556.272.46$22,998
Jun 20193721252.782.49$19,664
May 2019292858.482.74$17,098
Apr 201946769862.632.75$31,168
Mar 201924875556.803.06$16,398
Feb 20192523050.852.79$1,913
Jan 2019102546.033.23$541
Dec 2018332,18346.594.19$10,674
Nov 2018131,68652.934.24$7,832
Oct 201801,78961.443.40$6,079
Sep 201801,76459.543.11$5,483
Aug 201893,23559.403.07$10,455
Jul 201832,04165.142.93$6,179
Jun 20181593,56560.183.08$20,538
May 20181353,57665.382.90$19,200
Apr 2018342,43863.842.90$9,243
Mar 20186594561.222.79$6,613
Feb 201803,32861.782.77$9,206
Jan 201802,65862.874.01$10,657
Dec 201722,60257.272.92$7,716
Nov 201753855.423.12$396
Oct 20171363,13749.292.98$16,063
Sep 201739846847.523.09$20,358
Aug 20173593,85545.373.00$27,870
Jul 20173875,26343.873.09$33,226
Jun 20171334,91142.493.09$20,813
May 20171531,01245.373.26$10,244
Apr 20172682,22847.933.21$20,001
Mar 20171123,22146.772.98$14,849
Feb 201711839850.452.95$7,128
Jan 2017592,57249.413.42$11,708
Dec 2016261,92848.763.72$8,445
Nov 2016482,93542.492.64$9,801
Oct 2016663,29546.193.09$13,231
Sep 2016483,20841.553.10$11,941
Aug 2016492,05241.442.92$8,031
Jul 2016602,92741.622.92$11,057
Jun 2016891,65745.352.69$8,487
May 2016562,05542.521.99$6,473
Apr 20161472,21636.561.99$9,786
Mar 20161902,50533.011.79$10,766
Feb 20161102,64826.472.06$8,376
Jan 20161302,87327.352.36$10,348
Dec 20151193,17132.362.00$10,197
Nov 20152893,64738.792.17$19,115
Oct 20153843,00043.552.43$24,003
Sep 20155984,05242.992.76$36,885
Aug 20154873,72840.162.87$30,267
Jul 20152195,71948.152.95$27,388
Jun 20154416,60956.152.88$43,815
May 20152786,10055.212.96$33,377
Apr 20154147,01849.822.71$39,620
Mar 201539012,68542.892.93$53,954
Feb 201542811,13444.662.98$52,251
Jan 201542314,18943.433.10$62,366
Dec 20144045,56754.693.59$42,088
Nov 20143588,13770.464.25$59,822
Oct 20142946,25178.303.90$47,405
Sep 20143249,08386.164.05$64,661
Aug 20143779,17289.394.04$70,710
Jul 201445111,03296.564.18$89,658
Jun 201452116,74398.164.74$130,451
May 201485421,66594.734.73$183,300
Apr 20142,02423,69495.944.81$308,130
Mar 20144,08429,45095.895.06$540,538
Feb 20147,12922,10597.406.19$831,239
Jan 20149,42729,01090.404.86$993,210
Dec 20135353,60491.824.35$64,817
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$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           148 bbl  × $106.41 =    $15,749
Gas                   80 Mcf  × $  3.05 =       $244

────────────────────────────────────────────────────
Month total                                  $15,992

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/271314 is the state's own key, not one this site invented.