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 275662District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.6 M
Jul 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
143
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 Gas112015-11-19216332
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
CondensateDisposition158,844 bbl$8,462,898
GasProduction1,309,199 Mcf$4,184,353
Total$12,647,250

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 28.3349, -98.8504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33490, -98.85039 · 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
10,869 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 10,869 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-28334160B453H10,869 ftSep 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 (143)

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

143 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
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 2024110971.372.28$320
Sep 202411323469.612.36$8,419
Aug 20243252,12475.632.06$28,963
Jul 2024300079.932.15$23,979
Jun 20243621,80378.082.63$33,014
May 20244644,04978.812.20$45,469
Apr 20245075,37984.451.66$51,741
Mar 20240080.301.55$0
Feb 20245515176.091.78$4,454
Jan 20241821,91373.023.30$19,598
Dec 2023728371.262.61$5,347
Nov 20233384,22877.892.81$38,197
Oct 20231633,59585.443.09$25,025
Sep 20233195,32089.042.74$42,954
Aug 20234404,49080.522.67$47,430
Jul 20232775,06574.852.64$34,114
Jun 20235131,64668.962.26$39,094
May 20233354,33470.622.23$33,311
Apr 20234492,11178.122.24$39,800
Mar 202303,93872.852.39$9,424
Feb 20235263,44875.112.47$48,010
Jan 20235003,37876.533.39$49,709
Dec 20225552,69176.415.73$57,825
Nov 202203,43685.005.65$19,400
Oct 20225636,77087.185.86$88,780
Sep 202262112,45284.888.16$154,365
Aug 202261812,48994.529.13$172,402
Jul 20226218,625101.587.54$128,132
Jun 20225633,566115.097.98$93,242
May 20224553,754109.378.43$81,421
Apr 20229853,494104.226.84$126,547
Mar 202203,774108.885.08$19,158
Feb 20224383,35391.054.86$56,172
Jan 20223703,81781.844.54$47,601
Dec 20213144,32571.323.90$39,258
Nov 202101,83177.435.24$9,589
Oct 20215504,55579.795.71$69,911
Sep 20216144,74569.865.35$68,284
Aug 20215615,03166.024.22$58,271
Jul 20219094,98470.783.98$84,186
Jun 20214924,07669.493.38$47,968
May 20215194,81563.483.02$47,476
Apr 20215305,63460.362.76$47,532
Mar 20214935,89561.302.72$46,237
Feb 20215113,67957.805.55$49,947
Jan 20211,0565,50150.412.81$68,692
Dec 20205095,64144.642.68$37,814
Nov 20205105,45138.772.71$34,526
Oct 20209545,79936.972.48$49,642
Sep 20204355,71537.091.99$27,513
Aug 20209185,53339.982.39$49,898
Jul 20204646,02138.371.83$28,793
Jun 20209455,66034.901.69$42,548
May 20204416,04116.921.81$18,425
Apr 20208796,07814.751.80$23,932
Mar 20208686,10330.341.86$37,664
Feb 20208196,65449.881.98$54,031
Jan 20207477,53157.252.09$58,541
Dec 20191,0077,10759.012.30$75,800
Nov 20196546,35155.302.75$53,636
Oct 20191,0507,84753.472.42$75,122
Sep 20191,5928,31755.052.66$109,740
Aug 20191,0649,50353.112.30$78,407
Jul 20193442,46556.272.46$25,421
Jun 20197264,62652.782.49$49,843
May 20195926,97458.482.74$53,731
Apr 20196553,77862.632.75$51,415
Mar 20197996,67056.803.06$65,807
Feb 20191,1616,39850.852.79$76,901
Jan 20191,0367,28646.033.23$71,208
Dec 20189297,59146.594.19$75,054
Nov 20188687,18452.934.24$76,384
Oct 20184926,57661.443.40$52,574
Sep 20183021,11059.543.11$21,431
Aug 20181,1857,43159.403.07$93,177
Jul 20181,1958,25065.142.93$102,030
Jun 20188918,26160.183.08$79,039
May 20189009,98265.382.90$87,798
Apr 20181,0646,67863.842.90$87,297
Mar 20181,1449,74961.222.79$97,205
Feb 20181,13612,14161.782.77$103,766
Jan 20187446,97162.874.01$74,724
Dec 20171,19610,98157.272.92$100,576
Nov 20171,61425,94355.423.12$170,347
Oct 20170049.292.98$0
Sep 201723047.523.09$1,093
Aug 20175001,08045.373.00$25,930
Jul 201786113,07143.873.09$78,126
Jun 20171,0329,14542.493.09$72,083
May 20171,15213,13145.373.26$95,118
Apr 20171,40413,30147.933.21$110,011
Mar 20171,87614,40146.772.98$130,709
Feb 20172,64913,75850.452.95$174,264
Jan 20171,23414,12249.413.42$109,252
Dec 201672811,82148.763.72$79,505
Nov 20161,52413,81042.492.64$101,273
Oct 20161,43817,04746.193.09$119,101
Sep 20161,13514,39041.553.10$91,777
Aug 20161,30816,14541.442.92$101,417
Jul 20161,88915,97741.622.92$125,342
Jun 20161,74715,47045.352.69$120,776
May 20161,12016,69142.521.99$80,855
Apr 20161,58316,27136.561.99$90,271
Mar 20161,96317,22833.011.79$95,706
Feb 20161,75417,87126.472.06$83,308
Jan 20162,31117,56027.352.36$104,724
Dec 20151,98819,15632.362.00$102,671
Nov 20152,42816,56038.792.17$130,073
Oct 20154,49822,08143.552.43$249,469
Sep 201599524,44142.992.76$110,194
Aug 20153,05928,78340.162.87$205,528
Jul 20152,99431,85548.152.95$237,977
Jun 20154,19131,17056.152.88$325,183
May 20154,33036,90155.212.96$348,118
Apr 20154,63937,51249.822.71$332,644
Mar 20157,53643,76842.892.93$451,665
Feb 20155,78145,42444.662.98$393,370
Jan 201511,77854,83143.433.10$681,529
Dec 20148,32062,47054.693.59$679,373
Nov 20147,38648,62670.464.25$727,168
Oct 20148,28264,07578.303.90$898,435
Sep 2014016986.164.05$684
Aug 20140089.394.04$0
Jul 20140096.564.18$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.

Oct 2024 — as filed, then multipliedworked
Condensate             1 bbl  × $ 71.37 =        $71
Gas                  109 Mcf  × $  2.28 =       $249

────────────────────────────────────────────────────
Month total                                     $320

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/275662 is the state's own key, not one this site invented.