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 275071District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
May 2014 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
145
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 Gas112015-02-13215247
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
CondensateDisposition96,062 bbl$4,939,389
GasProduction677,325 Mcf$2,080,967
Total$7,020,356

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 28.3343, -98.8511. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33428, -98.85108 · 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
10,783 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 10,783 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-28334161B452H10,783 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 (145)

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

145 months

May 2026067106.413.05$204
Apr 202604998.932.87$141
Mar 2026048789.753.15$1,534
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
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 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202423171.372.28$213
Sep 20242326969.612.36$2,237
Aug 202455975.632.06$500
Jul 202443079.932.15$384
Jun 20242078.082.63$156
May 2024333378.812.20$2,673
Apr 20241911,51784.451.66$18,647
Mar 2024311380.301.55$416
Feb 202402376.091.78$41
Jan 202402373.023.30$76
Dec 20239011171.262.61$6,703
Nov 20233913,22677.892.81$39,512
Oct 20239073885.443.09$9,968
Sep 20235850589.042.74$6,546
Aug 2023216680.522.67$1,867
Jul 20232921674.852.64$2,741
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201903552.782.49$87
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201804163.842.90$119
Mar 201801,83361.222.79$5,108
Feb 2018024961.782.77$689
Jan 20182350762.874.01$3,479
Dec 20171206057.272.92$7,048
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201716045.373.00$726
Jul 20172256543.873.09$2,709
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20171047.933.21$48
Mar 2017337146.772.98$1,247
Feb 20171,80917650.452.95$91,784
Jan 20171,2779,12249.413.42$94,283
Dec 201649914,01248.763.72$76,496
Nov 20165619,51342.492.64$48,993
Oct 20161205,18746.193.09$21,572
Sep 20162833441.553.10$2,199
Aug 201622089741.442.92$11,740
Jul 20168385,97841.622.92$52,359
Jun 201693610,07845.352.69$69,515
May 20166359,18242.521.99$45,282
Apr 20161,00210,74536.561.99$58,027
Mar 20161,32811,91033.011.79$65,204
Feb 20161,24912,67426.472.06$59,215
Jan 20161,76416,12927.352.36$86,380
Dec 20151,55517,28032.362.00$84,904
Nov 20152,07918,17738.792.17$120,040
Oct 20153,63420,60943.552.43$208,270
Sep 201586422,99942.992.76$100,584
Aug 20152,65426,50640.162.87$182,723
Jul 20152,59228,65048.152.95$209,181
Jun 20153,66427,92756.152.88$286,243
May 20153,97833,33955.212.96$318,157
Apr 20154,73937,23549.822.71$336,876
Mar 20158,21442,00242.892.93$475,562
Feb 20156,44339,47644.662.98$405,232
Jan 201513,75651,31743.433.10$756,538
Dec 201410,15558,77954.693.59$766,474
Nov 201410,03262,59870.464.25$973,011
Oct 20148,31061,85778.303.90$891,975
Sep 201401,41386.164.05$5,716
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$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             0 bbl  × $106.41 =         $0
Gas                   67 Mcf  × $  3.05 =       $204

────────────────────────────────────────────────────
Month total                                     $204

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/275071 is the state's own key, not one this site invented.