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 271315District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Feb 2013 – May 2026
Value, last 12 filed months
$122 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 Gas112014-03-22212701
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
CondensateDisposition100,673 bbl$7,267,341
GasProduction736,497 Mcf$2,726,326
Total$9,993,667

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 28.3572, -99.0994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35720, -99.09936 · 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
9,980 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 9,980 ft.

Completions filed
Dec 2013
1 of 1 wells

1 well

42-2833371012H9,980 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 20261455106.413.05$15,445
Apr 202626556398.932.87$27,832
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20268534359.138.00$7,769
Dec 202514071556.664.41$11,088
Nov 202510965758.593.93$8,966
Oct 20251521,07959.383.30$12,592
Sep 202511655462.743.08$8,982
Aug 202510952463.933.01$8,548
Jul 20251211,02466.743.32$11,470
Jun 202511055966.483.13$9,062
May 202511166260.553.23$8,861
Apr 20258362562.363.54$7,390
Mar 20257694367.704.27$9,170
Feb 202510659570.884.34$10,096
Jan 202514279674.324.28$13,959
Dec 202415477468.993.12$13,040
Nov 20241131,14969.052.20$10,329
Oct 20241921,09371.372.28$16,197
Sep 202411319769.612.36$8,332
Aug 20241341,20375.632.06$12,617
Jul 20243411,57479.932.15$30,635
Jun 2024632,32078.082.63$11,030
May 202403,11978.812.20$6,857
Apr 202422,39084.451.66$4,134
Mar 20242048280.301.55$2,351
Feb 202423353876.091.78$18,689
Jan 20242312,86573.023.30$26,315
Dec 20232381,38271.262.61$20,568
Nov 20232481,47477.892.81$23,455
Oct 20233162,19985.443.09$33,788
Sep 20233151,46089.042.74$32,041
Aug 202326698280.522.67$24,043
Jul 202338880974.852.64$31,179
Jun 202335954668.962.26$25,990
May 202333065170.622.23$24,755
Apr 202325239178.122.24$20,561
Mar 202339477672.852.39$30,560
Feb 20233581,24175.112.47$29,949
Jan 20232591,30076.533.39$24,225
Dec 20223211,44276.415.73$32,789
Nov 20224361,12885.005.65$43,429
Oct 20225232,24287.185.86$58,742
Sep 20223501,12984.888.16$38,925
Aug 20224161,73994.529.13$55,192
Jul 20223671,967101.587.54$52,115
Jun 20223792,098115.097.98$60,355
May 20222801,497109.378.43$43,248
Apr 20224361,614104.226.84$56,476
Mar 20225191,767108.885.08$65,479
Feb 20224601,60491.054.86$49,677
Jan 20224811,89681.844.54$47,968
Dec 20215771,79871.323.90$48,162
Nov 20213451,70677.435.24$35,647
Oct 20215032,16879.795.71$52,522
Sep 20213842,08069.865.35$37,956
Aug 20215102,47866.024.22$44,129
Jul 20214262,35370.783.98$39,522
Jun 20214862,83369.493.38$43,349
May 20214753,16163.483.02$39,692
Apr 20211,1283,29260.362.76$77,167
Mar 20213481,10361.302.72$24,329
Feb 202137296657.805.55$26,861
Jan 20216231,28650.412.81$35,019
Dec 20204472,86844.642.68$27,627
Nov 20204503,08238.772.71$25,788
Oct 20203162,44236.972.48$17,735
Sep 20203112,05337.091.99$15,623
Aug 202046719939.982.39$19,145
Jul 202064815238.371.83$25,141
Jun 20202481,70334.901.69$11,534
May 20200116.921.81$2
Apr 20205455,65714.751.80$18,246
Mar 20205265,48130.341.86$26,133
Feb 20206654,74149.881.98$42,561
Jan 20206046,22357.252.09$47,615
Dec 20191,0896,67859.012.30$79,650
Nov 20192442,04755.302.75$19,124
Oct 20194612,01353.472.42$29,518
Sep 20191,1253,90455.052.66$72,305
Aug 20198573,77953.112.30$54,223
Jul 20191,3653,99356.272.46$86,632
Jun 20191,4691,57652.782.49$81,460
May 201915087458.482.74$11,167
Apr 20199931,62162.632.75$66,650
Mar 20191,38413056.803.06$79,009
Feb 20191,5112,36050.852.79$83,424
Jan 20195161,45846.033.23$28,458
Dec 20181,9674,67246.594.19$111,197
Nov 20188336752.934.24$44,375
Oct 20181,0191,67561.443.40$68,299
Sep 20181,5051,41159.543.11$93,993
Aug 20181,4002,21259.403.07$89,943
Jul 2018922,67765.142.93$13,842
Jun 20182297,36260.183.08$36,434
May 20185677265.382.90$5,901
Apr 201819210263.842.90$12,553
Mar 20182571,60661.222.79$20,209
Feb 20183531,94061.782.77$27,175
Jan 20181071,77762.874.01$13,852
Dec 201735512157.272.92$20,684
Nov 20175272,40855.423.12$36,715
Oct 201718586249.292.98$11,691
Sep 20175352,18647.523.09$32,172
Aug 20175894,02545.373.00$38,816
Jul 20174996,06143.873.09$40,603
Jun 20174374,75142.493.09$33,236
May 20173163,98445.373.26$27,338
Apr 20172704,28247.933.21$26,693
Mar 20172212,47446.772.98$17,718
Feb 20171684,23850.452.95$20,989
Jan 20172917649.413.42$2,035
Dec 20163541948.763.72$3,266
Nov 20161326,56042.492.64$22,956
Oct 2016923,04346.193.09$13,653
Sep 2016532,66341.553.10$10,459
Aug 20162787,39541.442.92$33,146
Jul 201651266141.622.92$23,242
Jun 20165315,09845.352.69$37,773
May 201642249642.521.99$18,931
Apr 201691311,32836.561.99$55,934
Mar 20161,20714,01333.011.79$64,983
Feb 20168709,04726.472.06$41,699
Jan 201694113,47527.352.36$57,596
Dec 20151756,71332.362.00$19,098
Nov 201542211,62538.792.17$41,565
Oct 201546810,37743.552.43$45,562
Sep 201594110,28042.992.76$68,810
Aug 20151,14616,51040.162.87$93,448
Jul 201523511,61648.152.95$45,525
Jun 201545317,44456.152.88$75,725
May 20152239,82855.212.96$41,358
Apr 20155179,45649.822.71$51,350
Mar 20155347,25942.892.93$44,206
Feb 20151,05618,17944.662.98$101,265
Jan 20153396,77743.433.10$35,736
Dec 20143009,92754.693.59$52,058
Nov 201423510,61370.464.25$61,683
Oct 201421810,56878.303.90$58,295
Sep 201450315,20486.164.05$104,845
Aug 201475519,41989.394.04$145,847
Jul 201484920,89196.564.18$169,295
Jun 20141,25537,15598.164.74$299,190
May 20142,98440,78494.734.73$475,442
Apr 20146,01042,00595.944.81$778,606
Mar 201410,12742,92395.895.06$1,188,131
Feb 20147,73328,24897.406.19$928,106
Jan 20149,86733,22690.404.86$1,053,479
Dec 20134762,49091.824.35$54,549
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           145 bbl  × $106.41 =    $15,429
Gas                    5 Mcf  × $  3.05 =        $15

────────────────────────────────────────────────────
Month total                                  $15,445

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/271315 is the state's own key, not one this site invented.