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 275938District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.3 M
Sep 2014 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
141
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 Gas112015-12-28217517
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
CondensateDisposition180,874 bbl$8,683,670
GasProduction1,584,687 Mcf$4,615,565
Total$13,299,235

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 28.3347, -98.8687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33473, -98.86865 · 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
10,744 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 10,744 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-28334800A 6H10,744 ftFeb 2015

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 (141)

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

141 months

May 2026385508106.413.05$42,515
Apr 202601198.932.87$32
Mar 202601789.753.15$54
Feb 202602063.503.75$75
Jan 202601159.138.00$88
Dec 202502856.664.41$124
Nov 202501458.593.93$55
Oct 20251659.383.30$79
Sep 202582462.743.08$576
Aug 20258911963.933.01$6,049
Jul 202511772966.743.32$10,225
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 20253074.324.28$223
Dec 202428068.993.12$1,932
Nov 2024181,64369.052.20$4,855
Oct 2024483,34671.372.28$11,059
Sep 202410881469.612.36$9,442
Aug 20241176,79375.632.06$22,867
Jul 202401,09479.932.15$2,348
Jun 20240678.082.63$16
May 2024015978.812.20$350
Apr 20241218784.451.66$1,324
Mar 20248468380.301.55$7,801
Feb 20244638676.091.78$4,189
Jan 20248161173.023.30$7,929
Dec 2023125171.262.61$988
Nov 20235754977.892.81$5,981
Oct 20234025685.443.09$4,208
Sep 202312982289.042.74$13,734
Aug 20231721,00580.522.67$16,536
Jul 202320674774.852.64$17,393
Jun 20234641,76768.962.26$35,988
May 20233512,10170.622.23$29,467
Apr 20232451,93578.122.24$23,469
Mar 202301,94472.852.39$4,652
Feb 20233742,15475.112.47$33,402
Jan 20234462,24676.533.39$41,741
Dec 20223492,92676.415.73$43,430
Nov 202202,63785.005.65$14,889
Oct 20223062,78387.185.86$42,996
Sep 20223152,43584.888.16$46,616
Aug 20223192,56794.529.13$53,581
Jul 20223142,653101.587.54$51,905
Jun 20223132,546115.097.98$56,333
May 20223502,733109.378.43$61,327
Apr 20225142,076104.226.84$67,764
Mar 202202,207108.885.08$11,204
Feb 20223941,16491.054.86$41,529
Jan 20226451,62381.844.54$60,151
Dec 20214102,95371.323.90$40,755
Nov 202103,10477.435.24$16,255
Oct 20217861779.795.71$9,749
Sep 20211578269.865.35$5,232
Aug 2021128166.024.22$8,455
Jul 20216571,81170.783.98$53,714
Jun 20213793,33569.493.38$37,611
May 20214044,25263.483.02$38,477
Apr 20214065,82160.362.76$40,563
Mar 20214316,13461.302.72$43,086
Feb 20214044,53257.805.55$48,495
Jan 20217125,20550.412.81$50,519
Dec 20203205,12144.642.68$27,986
Nov 20203924,63438.772.71$27,740
Oct 20207715,84636.972.48$42,993
Sep 20203795,90537.091.99$25,814
Aug 20207015,90939.982.39$42,120
Jul 20203365,45338.371.83$22,845
Jun 20205924,95234.901.69$29,031
May 20203765,00916.921.81$15,452
Apr 20206376,27314.751.80$20,715
Mar 20206085,93530.341.86$29,463
Feb 20205745,59749.881.98$39,717
Jan 20205376,21457.252.09$43,760
Dec 20197396,24759.012.30$58,004
Nov 20194606,33355.302.75$42,858
Oct 20196676,67853.472.42$51,816
Sep 20199376,82455.052.66$69,715
Aug 20191,2048,32453.112.30$83,126
Jul 20193968,86856.272.46$44,099
Jun 20197358,62252.782.49$60,272
May 20196449,00258.482.74$62,329
Apr 201951111,45762.632.75$63,519
Mar 201949618,39656.803.06$84,503
Feb 201997523,02350.852.79$113,864
Jan 201995927,46646.033.23$132,808
Dec 201889130,32246.594.19$168,423
Nov 201885526,16552.934.24$156,123
Oct 201878728,06961.443.40$143,734
Sep 201882827,57359.543.11$134,996
Aug 20181,36234,02159.403.07$185,230
Jul 20181,45832,71765.142.93$190,896
Jun 20181,17832,93660.183.08$172,233
May 20181,19440,88665.382.90$196,666
Apr 20181,49727,25163.842.90$174,618
Mar 20181,39034,52861.222.79$181,320
Feb 20181,59411,82861.782.77$131,195
Jan 20182,43423,83162.874.01$248,572
Dec 20172817157.272.92$16,300
Nov 20172,35313,27355.423.12$171,793
Oct 20172,54924,39849.292.98$198,436
Sep 20176256,40447.523.09$49,471
Aug 20171,56510,08145.373.00$101,291
Jul 20171,74617,07843.873.09$129,322
Jun 20172,03618,60042.493.09$143,933
May 20171,85217,74345.373.26$141,928
Apr 20172,41119,55447.933.21$178,359
Mar 20173,26722,88646.772.98$221,082
Feb 20173,34424,41550.452.95$240,793
Jan 201784313,90349.413.42$89,184
Dec 20161,1687,94048.763.72$86,511
Nov 20162,24618,85342.492.64$145,286
Oct 20162,07120,48646.193.09$158,967
Sep 20161,79220,02641.553.10$136,551
Aug 20162,20020,91641.442.92$152,334
Jul 20163,18421,96041.622.92$196,737
Jun 20162,97723,04145.352.69$196,891
May 20162,00725,21642.521.99$135,544
Apr 20163,05826,91836.561.99$165,395
Mar 20164,27328,80133.011.79$192,721
Feb 20164,20629,99726.472.06$173,236
Jan 20165,37734,94827.352.36$229,691
Dec 20155,22237,32532.362.00$243,687
Nov 20157,88637,84238.792.17$387,914
Oct 20154,79934,44043.552.43$292,568
Sep 20152,486042.992.76$106,873
Aug 20157,73240,45040.162.87$426,709
Jul 20157,72950,63448.152.95$521,273
Jun 201510,70652,07156.152.88$751,255
May 201510,21455,38855.212.96$727,611
Apr 20158,85054,58149.822.71$588,634
Mar 201511,29357,74442.892.93$653,819
Feb 20154,62838,80644.662.98$322,181
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$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           385 bbl  × $106.41 =    $40,968
Gas                  508 Mcf  × $  3.05 =     $1,547

────────────────────────────────────────────────────
Month total                                  $42,515

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/275938 is the state's own key, not one this site invented.