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 274907District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.8 M
Jun 2014 – May 2026
Value, last 12 filed months
$7.0 M
at the published price for each month
Months reported
144
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 Gas112015-04-13215493
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
CondensateDisposition203,101 bbl$12,106,890
GasProduction1,658,299 Mcf$5,670,599
Total$17,777,489

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 28.3352, -98.8517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33516, -98.85169 · 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
10,861 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 10,861 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-28334162B451H10,861 ftOct 2014

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 (144)

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

144 months

May 20266,83867,717106.413.05$933,887
Apr 20269,26487,97698.932.87$1,168,954
Mar 20269,55178,27289.753.15$1,103,715
Feb 20268,19964,07163.503.75$760,923
Jan 202611,35676,78159.138.00$1,285,569
Dec 202512,10473,83856.664.41$1,011,686
Nov 20258,28554,74758.593.93$700,379
Oct 2025812,75759.383.30$13,921
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202509067.704.27$384
Feb 20251070.884.34$71
Jan 202541274.324.28$349
Dec 20244383968.993.12$5,585
Nov 20240069.052.20$0
Oct 202421,49771.372.28$3,558
Sep 202411669.612.36$107
Aug 2024436075.632.06$3,376
Jul 20241872,39779.932.15$20,092
Jun 202414349378.082.63$12,464
May 20243222,92878.812.20$31,814
Apr 20243512,98884.451.66$34,600
Mar 20244223,61480.301.55$39,471
Feb 20242572,41176.091.78$23,855
Jan 20243202,91573.023.30$32,979
Dec 20232472,86271.262.61$25,073
Nov 20232882,38177.892.81$29,117
Oct 20232682,93785.443.09$31,965
Sep 20233954,18389.042.74$46,611
Aug 20234463,52980.522.67$45,345
Jul 20234224,00874.852.64$42,175
Jun 20235823,88868.962.26$48,916
May 20232873,73370.622.23$28,583
Apr 20234113,38278.122.24$39,675
Mar 202303,60772.852.39$8,632
Feb 20232033,18875.112.47$23,108
Jan 20234633,86276.533.39$48,517
Dec 20225033,35876.415.73$57,672
Nov 202203,55485.005.65$20,067
Oct 20224093,78087.185.86$57,822
Sep 20224464,10084.888.16$71,328
Aug 20225164,24394.529.13$87,499
Jul 20225794,915101.587.54$95,884
Jun 20222006,323115.097.98$73,458
May 20222271,909109.378.43$40,926
Apr 20221533,007104.226.84$36,506
Mar 202204,124108.885.08$20,935
Feb 20223323,54291.054.86$47,439
Jan 20225023,90481.844.54$58,799
Dec 20215124,16471.323.90$52,752
Nov 202104,11177.435.24$21,529
Oct 20214164,25679.795.71$57,511
Sep 20212665,04769.865.35$45,589
Aug 20212403,43166.024.22$30,326
Jul 20211,0662,81570.783.98$86,661
Jun 20215894,84369.493.38$57,302
May 20215825,79663.483.02$54,436
Apr 20216016,22160.362.76$53,436
Mar 20214976,26161.302.72$47,477
Feb 20215414,13457.805.55$54,205
Jan 20219416,34450.412.81$65,264
Dec 20204465,91744.642.68$35,740
Nov 20204245,85538.772.71$32,285
Oct 20209115,70736.972.48$47,824
Sep 20204546,28037.091.99$29,343
Aug 20208706,83539.982.39$51,085
Jul 20204416,64938.371.83$29,056
Jun 20208946,30234.901.69$41,853
May 20204576,59816.921.81$19,706
Apr 20208896,32514.751.80$24,525
Mar 20208736,81730.341.86$39,141
Feb 20208516,55149.881.98$55,423
Jan 20207827,79857.252.09$61,104
Dec 20191,0687,14859.012.30$79,494
Nov 20195176,85155.302.75$47,435
Oct 20195703,27053.472.42$38,387
Sep 20191,2038,51655.052.66$88,855
Aug 20195687,63353.112.30$47,756
Jul 201936576856.272.46$22,428
Jun 20197334,57252.782.49$50,078
May 20196427,87458.482.74$59,121
Apr 20197923,82162.632.75$60,113
Mar 20199866,92556.803.06$77,210
Feb 20191,3896,64150.852.79$89,174
Jan 20191,0347,65346.033.23$72,300
Dec 20188147,88246.594.19$70,914
Nov 20189007,47952.934.24$79,327
Oct 20189628,47661.443.40$87,907
Sep 20189248,57659.543.11$81,669
Aug 20181,2327,52059.403.07$96,241
Jul 20181,2888,30665.142.93$108,253
Jun 20189228,54560.183.08$81,778
May 20189669,31365.382.90$90,172
Apr 20181,0456,72863.842.90$86,229
Mar 20181,0828,93961.222.79$91,152
Feb 20181,03911,90061.782.77$97,106
Jan 20186235,68562.874.01$61,961
Dec 20171,5427,89857.272.92$111,385
Nov 201792114,48255.423.12$96,202
Oct 20170049.292.98$0
Sep 20172245447.523.09$2,447
Aug 20174731,40745.373.00$25,687
Jul 201782012,81343.873.09$75,531
Jun 20179929,56342.493.09$71,674
May 201799313,81345.373.26$90,130
Apr 201796513,59147.933.21$89,901
Mar 20171,52217,72746.772.98$124,076
Feb 20171,62318,89450.452.95$137,667
Jan 201727,99549.413.42$27,432
Dec 201605048.763.72$186
Nov 2016319442.492.64$1,566
Oct 201678280246.193.09$38,599
Sep 201694311,08741.553.10$73,558
Aug 20161,16515,28741.442.92$92,982
Jul 20161,74815,98541.622.92$119,497
Jun 20161,74616,04145.352.69$122,265
May 20161,18016,85642.521.99$83,735
Apr 20161,70315,98136.561.99$94,080
Mar 20162,11816,58133.011.79$99,662
Feb 20161,83616,57226.472.06$82,797
Jan 20162,28318,62427.352.36$106,474
Dec 20151,87320,88432.362.00$102,408
Nov 20152,72020,66138.792.17$150,288
Oct 20154,59823,70643.552.43$257,767
Sep 20151,03225,23842.992.76$113,983
Aug 20153,04929,27340.162.87$206,534
Jul 20152,74429,16448.152.95$218,014
Jun 20153,55424,53556.152.88$270,288
May 20153,63228,67555.212.96$285,270
Apr 20153,80830,74249.822.71$272,920
Mar 20156,01433,15142.892.93$355,229
Feb 20154,39029,02044.662.98$282,426
Jan 20159,40538,54943.433.10$527,985
Dec 20146,60240,32954.693.59$505,899
Nov 20146,85947,75070.464.25$686,311
Oct 20145,55153,20978.303.90$642,209
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$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         6,838 bbl  × $106.41 =   $727,632
Gas               67,717 Mcf  × $  3.05 =   $206,255

────────────────────────────────────────────────────
Month total                                 $933,887

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/274907 is the state's own key, not one this site invented.