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 274432District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 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 Gas112018-02-06221226
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
CondensateDisposition76,826 bbl$4,821,903
GasProduction1,194,771 Mcf$3,852,102
Total$8,674,005

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 28.3322, -99.5006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33222, -99.50064 · 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
8,133 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 8,133 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-1273550078,133 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 2026262,811106.413.05$11,329
Apr 2026502,73498.932.87$12,792
Mar 20261133,07189.753.15$19,814
Feb 2026651,85763.503.75$11,092
Jan 2026761,93259.138.00$19,946
Dec 2025561,17856.664.41$8,372
Nov 2025561,87558.593.93$10,643
Oct 2025671,76659.383.30$9,815
Sep 2025732,13762.743.08$11,155
Aug 2025822,36763.933.01$12,378
Jul 2025542,93166.743.32$13,321
Jun 2025693,08266.483.13$14,230
May 2025743,03960.553.23$14,304
Apr 2025942,76162.363.54$15,644
Mar 2025692,26867.704.27$14,352
Feb 2025831,64470.884.34$13,019
Jan 2025982,41374.324.28$17,608
Dec 2024832,52168.993.12$13,595
Nov 2024922,67269.052.20$12,227
Oct 20241112,58171.372.28$13,810
Sep 20241212,46069.612.36$14,239
Aug 2024882,93675.632.06$12,714
Jul 2024722,51879.932.15$11,160
Jun 2024532,96478.082.63$11,945
May 2024422,97478.812.20$9,848
Apr 2024402,98984.451.66$8,337
Mar 2024243,23380.301.55$6,923
Feb 2024532,84076.091.78$9,098
Jan 2024233,20273.023.30$12,239
Dec 2023422,85971.262.61$10,457
Nov 2023753,18477.892.81$14,781
Oct 2023723,02385.443.09$15,485
Sep 20231093,47989.042.74$19,221
Aug 20231373,76380.522.67$21,089
Jul 20231083,54874.852.64$17,457
Jun 20231133,23968.962.26$15,108
May 20231303,63070.622.23$17,266
Apr 20231223,33778.122.24$16,998
Mar 20231623,70872.852.39$20,676
Feb 2023462,15875.112.47$8,776
Jan 2023382,03076.533.39$9,785
Dec 2022241,90776.415.73$12,759
Nov 202281,87085.005.65$11,238
Oct 2022161,53287.185.86$10,378
Sep 20222075,19484.888.16$59,972
Aug 2022693,60394.529.13$39,407
Jul 2022523,699101.587.54$33,180
Jun 2022454,972115.097.98$44,842
May 2022335,390109.378.43$49,063
Apr 2022815,376104.226.84$45,201
Mar 2022885,035108.885.08$35,141
Feb 20221164,33891.054.86$31,639
Jan 2022714,24781.844.54$25,082
Dec 20211354,58571.323.90$27,506
Nov 20211474,84877.435.24$36,770
Oct 20212135,25279.795.71$47,005
Sep 20211275,09069.865.35$36,108
Aug 20211095,38866.024.22$29,937
Jul 2021515,40770.783.98$25,141
Jun 2021755,31269.493.38$23,170
May 2021955,91063.483.02$23,865
Apr 2021434,30560.362.76$14,470
Mar 20211285,02861.302.72$21,507
Feb 20211035,22157.805.55$34,919
Jan 20211436,38550.412.81$25,152
Dec 20202256,51544.642.68$27,475
Nov 20202336,66338.772.71$27,067
Oct 20201857,36836.972.48$25,101
Sep 20201106,92937.091.99$17,876
Aug 20202208,82139.982.39$29,835
Jul 2020727,29238.371.83$16,071
Jun 202074,97634.901.69$8,655
May 2020035416.921.81$642
Apr 2020261,15814.751.80$2,473
Mar 20201647,07130.341.86$18,101
Feb 20201166,52849.881.98$18,716
Jan 20202267,16957.252.09$27,956
Dec 20191847,02959.012.30$27,055
Nov 20191388,34155.302.75$30,575
Oct 201939,57653.472.42$23,320
Sep 2019110,09455.052.66$26,878
Aug 2019111,76253.112.30$27,157
Jul 2019314,04756.272.46$34,725
Jun 20198316,15952.782.49$44,636
May 2019222758.482.74$739
Apr 2019024462.632.75$671
Mar 2019075456.803.06$2,309
Feb 2019025250.852.79$704
Jan 2019080246.033.23$2,589
Dec 201881,86546.594.19$8,179
Nov 2018380952.934.24$3,587
Oct 2018411,60261.443.40$7,963
Sep 2018010459.543.11$323
Aug 2018049659.403.07$1,521
Jul 2018021365.142.93$624
Jun 2018097260.183.08$2,991
May 2018410,72365.382.90$31,367
Apr 2018069663.842.90$2,019
Mar 201892,45261.222.79$7,384
Feb 2018896561.782.77$3,164
Jan 2018142,71562.874.01$11,765
Dec 2017205,30157.272.92$16,632
Nov 2017128455.423.12$941
Oct 2017353,09949.292.98$10,972
Sep 2017314,63747.523.09$15,789
Aug 20171096,31345.373.00$23,912
Jul 20171779,59743.873.09$37,394
Jun 2017989,02742.493.09$32,033
May 2017239,76545.373.26$32,911
Apr 20171864,44447.933.21$23,187
Mar 20176643,85946.772.98$42,569
Feb 20173491,86150.452.95$23,102
Jan 20179636,00749.413.42$68,119
Dec 20162335,68248.763.72$32,514
Nov 201624313,11242.492.64$44,998
Oct 201613614,86546.193.09$52,219
Sep 201614313,62741.553.10$48,194
Aug 201636615,48841.442.92$60,459
Jul 201624715,88041.622.92$56,719
Jun 201653415,40045.352.69$65,579
May 20161,58916,37642.521.99$100,170
Apr 20161,55416,92336.561.99$90,509
Mar 20161,89718,90633.011.79$96,538
Feb 20161,78419,30426.472.06$87,059
Jan 20161,56121,28427.352.36$93,016
Dec 20151,35722,00932.362.00$87,962
Nov 20151,32923,65538.792.17$102,820
Oct 20151,14826,63043.552.43$114,615
Sep 201593521,99742.992.76$100,873
Aug 20151,36129,91240.162.87$140,580
Jul 20152,06133,23548.152.95$197,117
Jun 20153,60436,36756.152.88$307,206
May 20152,69525,91855.212.96$225,390
Apr 20152,30417,59949.822.71$162,418
Mar 20153,56421,22742.892.93$215,155
Feb 20152,36219,16944.662.98$162,538
Jan 20153,17222,59043.433.10$207,803
Dec 20143,04827,52154.693.59$265,533
Nov 20142,69829,46270.464.25$315,369
Oct 20142,90636,71278.303.90$370,752
Sep 20142,91831,35686.164.05$378,264
Aug 20144,48829,85689.394.04$521,655
Jul 20144,55534,48496.564.18$583,960
Jun 20144,69730,32198.164.74$604,684
May 20143,35917,14494.734.73$399,230
Apr 20141,89611,21595.944.81$235,837

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            26 bbl  × $106.41 =     $2,767
Gas                2,811 Mcf  × $  3.05 =     $8,562

────────────────────────────────────────────────────
Month total                                  $11,329

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/274432 is the state's own key, not one this site invented.