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 276119District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.9 M
Oct 2014 – May 2026
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
140
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 Gas112015-11-19216333
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
CondensateDisposition239,832 bbl$11,359,618
GasProduction1,602,979 Mcf$4,532,142
Total$15,891,760

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 28.3348, -98.8670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33484, -98.86697 · 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
10,774 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 10,774 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-28334803A 8H10,774 ftDec 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 (140)

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

140 months

May 20262491,164106.413.05$30,041
Apr 20260098.932.87$0
Mar 2026573289.753.15$5,217
Feb 202601163.503.75$41
Jan 20260259.138.00$16
Dec 20250356.664.41$13
Nov 20250958.593.93$35
Oct 20250159.383.30$3
Sep 20257062.743.08$439
Aug 202512363.933.01$133
Jul 20250866.743.32$27
Jun 202502466.483.13$75
May 202508260.553.23$265
Apr 202507562.363.54$266
Mar 2025029767.704.27$1,268
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202474169.612.36$584
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202419078.082.63$1,484
May 2024981,11778.812.20$10,179
Apr 202412188484.451.66$11,685
Mar 20241461,14580.301.55$13,493
Feb 2024551,90376.091.78$7,579
Jan 20241211,28973.023.30$13,086
Dec 202355871.262.61$3,940
Nov 20232442,34277.892.81$25,580
Oct 20238952085.443.09$9,210
Sep 20232771,88389.042.74$29,814
Aug 20233742,63780.522.67$37,163
Jul 20233161,35974.852.64$27,243
Jun 20235942,37068.962.26$46,315
May 20231453,66970.622.23$18,412
Apr 20233556678.122.24$27,880
Mar 202301,64772.852.39$3,942
Feb 20233862,33275.112.47$34,742
Jan 20231953,33276.533.39$26,211
Dec 202249617076.415.73$38,873
Nov 202202,98485.005.65$16,848
Oct 20224483,27987.185.86$58,284
Sep 20224013,34584.888.16$61,344
Aug 20224612,77294.529.13$68,874
Jul 20224733,333101.587.54$73,185
Jun 20224353,381115.097.98$77,035
May 20223973,570109.378.43$73,526
Apr 20229733,140104.226.84$122,876
Mar 202203,751108.885.08$19,042
Feb 20224403,43391.054.86$56,742
Jan 20224193,84181.844.54$51,720
Dec 20214623,95971.323.90$48,386
Nov 202103,66377.435.24$19,183
Oct 20215524,10079.795.71$67,471
Sep 20211285,00969.865.35$35,745
Aug 20213057466.024.22$20,448
Jul 20211,1242,66370.783.98$90,161
Jun 20215563,89969.493.38$51,817
May 20215144,58263.483.02$46,456
Apr 20215274,75460.362.76$44,923
Mar 20213845,82861.302.72$39,374
Feb 20214032,44857.805.55$36,875
Jan 20211,0264,48150.412.81$64,313
Dec 20205225,36644.642.68$37,659
Nov 20205575,34538.772.71$36,062
Oct 20201,0795,35236.972.48$53,155
Sep 20205135,21537.091.99$29,410
Aug 20209765,49639.982.39$52,129
Jul 20202336,63838.371.83$21,055
Jun 20209032,66934.901.69$36,026
May 20204675,97516.921.81$18,745
Apr 20209356,10314.751.80$24,803
Mar 20209356,40830.341.86$40,263
Feb 20209066,62249.881.98$58,307
Jan 20207967,48357.252.09$61,246
Dec 20191,0676,56559.012.30$78,092
Nov 20196766,23955.302.75$54,544
Oct 20199946,84553.472.42$69,704
Sep 20191,4176,99155.052.66$96,583
Aug 20191,7788,14753.112.30$113,203
Jul 20199447,67656.272.46$72,002
Jun 201997210,79352.782.49$78,190
May 20195123,79358.482.74$40,336
Apr 20196122,63762.632.75$45,583
Mar 20196845,08156.803.06$54,410
Feb 20196892,96650.852.79$43,317
Jan 20194552,77246.033.23$29,892
Dec 20184492,00146.594.19$29,294
Nov 20188434,99252.934.24$65,772
Oct 20188684,13861.443.40$67,391
Sep 20186202,73359.543.11$45,409
Aug 20181,9887,03759.403.07$139,667
Jul 20181,5428,13465.142.93$124,294
Jun 20188983,77460.183.08$65,654
May 20181,20510,01065.382.90$107,820
Apr 20181,4657,23763.842.90$114,519
Mar 20181,89213,89261.222.79$154,543
Feb 20182,38314,86761.782.77$188,346
Jan 20182,26315,15562.874.01$203,036
Dec 20171059357.272.92$6,285
Nov 20174162,95455.423.12$32,266
Oct 20171414649.292.98$1,126
Sep 201776047.523.09$3,612
Aug 20171,3071,99745.373.00$65,298
Jul 20172,38815,38243.873.09$152,250
Jun 20173,19917,54042.493.09$190,076
May 20173,62220,24345.373.26$230,391
Apr 20175,05220,70647.933.21$308,642
Mar 20174,77326,85146.772.98$303,348
Feb 20171,53611,50750.452.95$111,467
Jan 20171,116149.413.42$55,145
Dec 20161,48511,33548.763.72$114,607
Nov 20162,85927,07842.492.64$193,083
Oct 20162,69629,55046.193.09$215,845
Sep 20162,40130,81441.553.10$195,304
Aug 20162,99733,60641.442.92$222,471
Jul 20164,31236,07441.622.92$284,958
Jun 20163,93237,23345.352.69$278,318
May 20162,53540,66342.521.99$188,750
Apr 20163,69441,98536.561.99$218,646
Mar 20164,88544,22133.011.79$240,587
Feb 20164,64244,39126.472.06$214,480
Jan 20167,10951,79827.352.36$316,900
Dec 20156,85956,71432.362.00$335,465
Nov 20159,50556,38738.792.17$490,908
Oct 20155,07743,54443.552.43$326,766
Sep 20152,740042.992.76$117,793
Aug 20158,83540,56440.162.87$471,333
Jul 20158,84752,47048.152.95$580,511
Jun 201511,35954,70756.152.88$795,520
May 201511,21161,46655.212.96$800,619
Apr 201511,19865,52249.822.71$735,224
Mar 201517,07077,20142.892.93$958,695
Feb 201512,03488,99744.662.98$802,310
Jan 201515,738104,42143.433.10$1,007,272
Dec 20141,3338,93554.693.59$104,991
Nov 20142270.464.25$149
Oct 20140078.303.90$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           249 bbl  × $106.41 =    $26,496
Gas                1,164 Mcf  × $  3.05 =     $3,545

────────────────────────────────────────────────────
Month total                                  $30,041

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/276119 is the state's own key, not one this site invented.