GILBERT-LANDRUM B UNIT

Operated by VERDUN OIL EF II LLC (P-5 102886) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276726District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.8 M
Dec 2014 – May 2026
Value, last 12 filed months
$698 k
at the published price for each month
Months reported
138
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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 Gas112016-02-11215469
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
CondensateDisposition140,842 bbl$7,571,329
GasProduction1,075,024 Mcf$3,221,840
Total$10,793,168

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 28.4065, -99.2410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40654, -99.24103 · 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
8,549 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 8,549 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-2833488541H8,549 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 (138)

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

138 months

May 20269561,282106.413.05$105,633
Apr 202690872498.932.87$91,906
Mar 202672426189.753.15$65,801
Feb 20266241763.503.75$39,688
Jan 20268553159.138.00$50,804
Dec 20256876256.664.41$39,199
Nov 202573816658.593.93$43,891
Oct 20257119859.383.30$42,543
Sep 20257792062.743.08$48,936
Aug 202566838563.933.01$43,866
Jul 202597516866.743.32$65,628
Jun 202587658666.483.13$60,070
May 20252832,22260.553.23$24,318
Apr 20258942,17662.363.54$63,460
Mar 20251,1132,29767.704.27$85,154
Feb 20254962,53270.884.34$46,147
Jan 20256822,47974.324.28$61,293
Dec 20247752,31068.993.12$60,678
Nov 20248361,95669.052.20$62,026
Oct 20249542,27071.372.28$73,266
Sep 20245173,12869.612.36$43,384
Aug 202416628275.632.06$13,137
Jul 2024337079.932.15$2,788
Jun 20247382,16078.082.63$63,312
May 20241,0081,81378.812.20$83,426
Apr 202431884.451.66$283
Mar 20240080.301.55$0
Feb 20243832,68976.091.78$33,939
Jan 20243733,07773.023.30$37,383
Dec 20234403,17071.262.61$39,630
Nov 20233753,20377.892.81$38,201
Oct 20234353,18385.443.09$46,993
Sep 20233443,27489.042.74$39,584
Aug 20233253,68580.522.67$36,019
Jul 20235233,79174.852.64$49,162
Jun 20234832,96768.962.26$40,009
May 20234692,82370.622.23$39,409
Apr 20234693,18978.122.24$43,775
Mar 20235693,22772.852.39$49,174
Feb 20234702,26275.112.47$40,879
Jan 20235012,35576.533.39$46,320
Dec 20225102,78076.415.73$54,896
Nov 20225662,86785.005.65$64,298
Oct 20225633,02387.185.86$66,808
Sep 20224382,77484.888.16$59,823
Aug 20225353,13594.529.13$79,182
Jul 20223123,145101.587.54$55,413
Jun 20222653,193115.097.98$55,970
May 20223943,192109.378.43$70,010
Apr 20224313,413104.226.84$68,256
Mar 20225583,508108.885.08$78,563
Feb 20224312,56291.054.86$51,691
Jan 20223022,60881.844.54$36,550
Dec 20217283,14571.323.90$64,184
Nov 20213873,32177.435.24$47,357
Oct 20215963,34179.795.71$66,645
Sep 20212741,72769.865.35$28,383
Aug 20212611,89366.024.22$25,221
Jul 20212501,90270.783.98$25,269
Jun 20213562,77269.493.38$34,110
May 20212172,12863.483.02$20,197
Apr 20212222,17260.362.76$19,391
Mar 20214072,97961.302.72$33,043
Feb 20213373,00057.805.55$36,122
Jan 20216104,48950.412.81$43,365
Dec 20206304,81044.642.68$40,992
Nov 20208923,95438.772.71$45,285
Oct 20207473,49836.972.48$36,286
Sep 20205191,29337.091.99$21,824
Aug 20204041,05839.982.39$18,675
Jul 20207291,27338.371.83$30,295
Jun 20207764,36834.901.69$34,466
May 20200616.921.81$11
Apr 20204481,36614.751.80$9,073
Mar 20201,0191,82230.341.86$34,299
Feb 20203701,31949.881.98$21,068
Jan 20202911,25357.252.09$19,284
Dec 20195021,47659.012.30$33,024
Nov 20194221,67455.302.75$27,941
Oct 20194143,87153.472.42$31,499
Sep 20196574,80855.052.66$48,944
Aug 201964211,13153.112.30$59,746
Jul 201983812,26156.272.46$77,317
Jun 201968112,29952.782.49$66,582
May 201981917,30658.482.74$95,319
Apr 20197659,92562.632.75$75,213
Mar 201987216,65756.803.06$100,535
Feb 201991313,64350.852.79$84,520
Jan 201966510,64146.033.23$64,961
Dec 201880312,30946.594.19$88,930
Nov 201893213,14852.934.24$105,042
Oct 20184935,51261.443.40$49,020
Sep 201850511,56959.543.11$66,024
Aug 201823814,38459.403.07$58,247
Jul 201882817,87265.142.93$106,334
Jun 201866611,74460.183.08$76,215
May 20187461,94565.382.90$54,416
Apr 20181,06416,32963.842.90$115,293
Mar 201898021,32561.222.79$119,425
Feb 201858510,80761.782.77$66,035
Jan 20185832,82062.874.01$47,959
Dec 20171,0035,02657.272.92$72,125
Nov 20178674,52055.423.12$62,144
Oct 20171,1265,41849.292.98$71,666
Sep 20171,0916,02347.523.09$70,439
Aug 20171,6536,39045.373.00$94,195
Jul 20171,4906,65143.873.09$85,900
Jun 20177193,69142.493.09$41,945
May 20174784,64145.373.26$36,832
Apr 20171,4195,80747.933.21$86,662
Mar 20176682,16346.772.98$37,696
Feb 20172381,60350.452.95$16,740
Jan 20173391,67849.413.42$22,487
Dec 20166956,80048.763.72$59,203
Nov 201665295742.492.64$30,234
Oct 20169003,30246.193.09$51,775
Sep 20166311,84941.553.10$31,951
Aug 20167113,29041.442.92$39,085
Jul 20164323,38341.622.92$27,873
Jun 20168725,57445.352.69$54,516
May 20161,41711,47842.521.99$83,104
Apr 20161,32213,07236.561.99$74,359
Mar 20161,49914,12233.011.79$74,817
Feb 20161,53714,78626.472.06$71,197
Jan 20161,76218,04827.352.36$90,863
Dec 20151,92718,97732.362.00$100,338
Nov 20152,47921,84938.792.17$143,514
Oct 20152,03322,90943.552.43$144,128
Sep 20152,67129,31342.992.76$195,684
Aug 20152,55932,93440.162.87$197,372
Jul 20152,83041,57548.152.95$258,706
Jun 20154,64147,60956.152.88$397,842
May 20155,42253,89055.212.96$458,618
Apr 20155,54957,91249.822.71$433,194
Mar 20158,44459,20342.892.93$535,907
Feb 20158,24646,62544.662.98$507,031
Jan 20156,85547,09843.433.10$443,746
Dec 20146,11921,90554.693.59$413,317

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           956 bbl  × $106.41 =   $101,728
Gas                1,282 Mcf  × $  3.05 =     $3,905

────────────────────────────────────────────────────
Month total                                 $105,633

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/276726 is the state's own key, not one this site invented.