LIGHT RANCH

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 274263District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Apr 2014 – May 2026
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
146
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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 Gas112016-08-15218378
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
CondensateDisposition50,426 bbl$3,578,366
GasProduction991,201 Mcf$3,205,782
Total$6,784,149

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 28.3345, -99.5008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33454, -99.50084 · 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
8,121 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 8,121 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-1273549988,121 ftMar 2017

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 (146)

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

146 months

May 20261092,358106.413.05$18,781
Apr 20261162,16998.932.87$17,700
Mar 20261202,21789.753.15$17,752
Feb 2026521,65263.503.75$9,498
Jan 2026661,47459.138.00$15,692
Dec 20251052,12056.664.41$15,306
Nov 2025811,56558.593.93$10,891
Oct 2025691,50759.383.30$9,078
Sep 2025662,01262.743.08$10,332
Aug 2025232,74463.933.01$9,743
Jul 202582,50566.743.32$8,839
Jun 2025542,40966.483.13$11,127
May 2025902,74960.553.23$14,335
Apr 20251432,60762.363.54$18,154
Mar 2025952,57067.704.27$17,401
Feb 20251021,12470.884.34$12,109
Jan 2025931,45974.324.28$13,154
Dec 20241123,99168.993.12$20,184
Nov 2024671,67969.052.20$8,318
Oct 20241112,79271.372.28$14,292
Sep 20241182,74569.612.36$14,704
Aug 20241193,09075.632.06$15,377
Jul 20241192,87479.932.15$15,681
Jun 20241172,80678.082.63$16,526
May 20241182,92878.812.20$15,737
Apr 20241112,91384.451.66$14,207
Mar 20241132,94080.301.55$13,617
Feb 2024952,31876.091.78$11,363
Jan 2024902,44573.023.30$14,635
Dec 20231142,03471.262.61$13,434
Nov 2023992,16277.892.81$13,781
Oct 2023933,15485.443.09$17,683
Sep 20231103,11889.042.74$18,322
Aug 20231002,86880.522.67$15,718
Jul 20231123,36374.852.64$17,268
Jun 2023832,91168.962.26$12,298
May 2023953,16870.622.23$13,765
Apr 2023463,53878.122.24$11,511
Mar 2023504,17672.852.39$13,636
Feb 2023713,83075.112.47$14,776
Jan 2023723,87476.533.39$18,634
Dec 2022624,02776.415.73$27,808
Nov 2022914,19285.005.65$31,404
Oct 20222074,28087.185.86$43,143
Sep 20222305,56084.888.16$64,912
Aug 20221494,85394.529.13$58,378
Jul 20224404,184101.587.54$76,251
Jun 20221225,041115.097.98$54,254
May 20221154,929109.378.43$54,144
Apr 2022934,298104.226.84$39,080
Mar 2022462,908108.885.08$19,771
Feb 2022612,75191.054.86$18,921
Jan 2022493,14981.844.54$18,299
Dec 2021343,00971.323.90$14,157
Nov 2021572,16277.435.24$15,736
Oct 2021682,12279.795.71$17,551
Sep 2021652,17969.865.35$16,201
Aug 2021402,12666.024.22$11,614
Jul 2021663,17470.783.98$17,311
Jun 2021503,94869.493.38$16,821
May 20211175,00763.483.02$22,537
Apr 2021874,14460.362.76$16,682
Mar 20211135,36861.302.72$21,511
Feb 2021965,07457.805.55$33,699
Jan 2021875,80750.412.81$20,705
Dec 20201026,09444.642.68$20,858
Nov 2020726,26938.772.71$19,759
Oct 20201635,93736.972.48$20,741
Sep 2020855,93837.091.99$14,975
Aug 20202106,34339.982.39$23,524
Jul 20201166,01738.371.83$15,433
Jun 2020394,44134.901.69$8,868
May 2020029616.921.81$537
Apr 20202892014.751.80$2,073
Mar 20201596,20930.341.86$16,349
Feb 20201825,68049.881.98$20,328
Jan 20202205,40857.252.09$23,923
Dec 20192855,09759.012.30$28,563
Nov 20192055,75155.302.75$27,156
Oct 20191608,01253.472.42$27,933
Sep 2019948,74455.052.66$28,410
Aug 2019669,84353.112.30$26,187
Jul 201911011,75956.272.46$35,118
Jun 201957714,12752.782.49$65,647
May 2019924358.482.74$1,192
Apr 201908162.632.75$223
Mar 2019125856.803.06$859
Feb 2019021550.852.79$600
Jan 201995846.033.23$602
Dec 2018511,25446.594.19$7,625
Nov 201811312552.934.24$6,511
Oct 20181983561.443.40$4,005
Sep 2018020159.543.11$625
Aug 20180059.403.07$0
Jul 2018014665.142.93$428
Jun 201805960.183.08$182
May 20180065.382.90$0
Apr 201832,51063.842.90$7,473
Mar 2018906,62261.222.79$23,964
Feb 2018262961.782.77$1,687
Jan 2018112,19062.874.01$9,472
Dec 2017777,99357.272.92$27,762
Nov 201711555.423.12$102
Oct 2017317,66049.292.98$24,383
Sep 201792,45147.523.09$7,995
Aug 2017306,02845.373.00$19,472
Jul 20171577,01243.873.09$28,536
Jun 20171098,08442.493.09$29,589
May 2017256,23745.373.26$21,488
Apr 20171051,88647.933.21$11,090
Mar 201731911,29046.772.98$48,605
Feb 20172099,72250.452.95$39,249
Jan 20171,0126,69749.413.42$72,899
Dec 20161333,19448.763.72$18,376
Nov 201613410,65942.492.64$33,880
Oct 20161348,75846.193.09$33,254
Sep 201611610,83841.553.10$38,424
Aug 201624912,14941.442.92$45,846
Jul 201620212,93141.622.92$46,222
Jun 201656613,48245.352.69$61,878
May 201616513,64742.521.99$34,188
Apr 201633813,70936.561.99$39,652
Mar 201610815,03033.011.79$30,529
Feb 201612115,83326.472.06$35,876
Jan 201617117,58027.352.36$46,242
Dec 201537818,03032.362.00$48,318
Nov 201530919,08238.792.17$53,343
Oct 201556921,10543.552.43$75,993
Sep 201515019,17242.992.76$59,333
Aug 201529821,06840.162.87$72,485
Jul 201543227,10748.152.95$100,633
Jun 201567030,21256.152.88$124,717
May 20151,17523,01955.212.96$132,903
Apr 20151,38512,85849.822.71$103,802
Mar 20151,53715,72342.892.93$112,064
Feb 20151,43714,61144.662.98$107,662
Jan 20152,35617,77543.433.10$157,435
Dec 20142,16021,12754.693.59$194,005
Nov 20142,66922,51170.464.25$283,771
Oct 20142,37228,07578.303.90$295,247
Sep 20142,08016,38586.164.05$245,497
Aug 20143,62221,53689.394.04$410,671
Jul 20143,81427,58996.564.18$483,591
Jun 20144,19024,56898.164.74$527,666
May 20143,13915,99394.734.73$372,949
Apr 20141,67512,00995.944.81$218,452

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           109 bbl  × $106.41 =    $11,599
Gas                2,358 Mcf  × $  3.05 =     $7,182

────────────────────────────────────────────────────
Month total                                  $18,781

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/274263 is the state's own key, not one this site invented.