LIGHT RANCH

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277027District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.2 M
Aug 2014 – May 2026
Value, last 12 filed months
$983 k
at the published price for each month
Months reported
142
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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
NGPA1none
ST-1112020-08-04227574

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
CondensateDisposition227,896 bbl$13,363,437
GasProduction1,138,234 Mcf$3,811,941
Total$17,175,378

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 28.3544, -99.5275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35438, -99.52745 · 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
8,033 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 8,033 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-12736279118,033 ftJan 2017

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 (142)

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

142 months

May 20266969,306106.413.05$102,406
Apr 20266988,21198.932.87$92,616
Mar 20266528,74389.753.15$86,053
Feb 20268089,06063.503.75$85,286
Jan 20267327,50459.138.00$103,300
Dec 20259079,93456.664.41$95,233
Nov 20257697,39658.593.93$74,096
Oct 20256555,66659.383.30$57,619
Sep 20258587,72162.743.08$77,588
Aug 20258787,28963.933.01$78,105
Jul 20258437,68966.743.32$81,752
Jun 20255773,54166.483.13$49,438
May 20257936,02060.553.23$67,475
Apr 20259287,43162.363.54$84,199
Mar 20258756,48867.704.27$86,930
Feb 20257827,00370.884.34$85,827
Jan 20256213,82674.324.28$62,523
Dec 20247546,14968.993.12$71,212
Nov 20247466,29269.052.20$65,344
Oct 20248516,16871.372.28$74,808
Sep 20248065,68169.612.36$69,538
Aug 20248887,00375.632.06$81,611
Jul 20248476,47679.932.15$81,602
Jun 20248126,42178.082.63$80,314
May 20248766,93578.812.20$84,284
Apr 20248626,85084.451.66$84,161
Mar 20248926,89480.301.55$82,280
Feb 20248056,33776.091.78$72,555
Jan 20249367,44373.023.30$92,891
Dec 20238197,11471.262.61$76,935
Nov 20237747,34477.892.81$80,906
Oct 20238737,70085.443.09$98,361
Sep 20239268,30989.042.74$105,176
Aug 20238738,51380.522.67$93,048
Jul 20238267,04574.852.64$80,438
Jun 20236866,24868.962.26$61,418
May 20231,0339,88970.622.23$94,977
Apr 20231,0609,01678.122.24$102,983
Mar 20239877,66472.852.39$90,244
Feb 20239777,36775.112.47$91,547
Jan 20231,2409,28376.533.39$126,345
Dec 202290810,12676.415.73$127,393
Nov 20228498,52185.005.65$120,276
Oct 20229828,72387.185.86$136,760
Sep 20221,1509,29584.888.16$173,493
Aug 20221,2079,85894.529.13$204,061
Jul 20221,1808,669101.587.54$185,247
Jun 20221,4673,921115.097.98$200,116
May 20221,4045,987109.378.43$204,044
Apr 20221,3446,044104.226.84$181,398
Mar 20221,2436,341108.885.08$167,527
Feb 20221,2206,15391.054.86$140,977
Jan 20221,3819,85781.844.54$157,749
Dec 20211,37710,61171.323.90$139,581
Nov 20211,2499,97677.435.24$148,953
Oct 20211,28710,07879.795.71$160,274
Sep 20211,35310,31369.865.35$149,705
Aug 20211,19510,25166.024.22$122,159
Jul 20211,4899,80970.783.98$144,452
Jun 20211,48010,16669.493.38$137,213
May 20211,6839,91263.483.02$136,748
Apr 20211,3909,40460.362.76$109,841
Mar 20211,6609,81761.302.72$128,430
Feb 20211,48010,01957.805.55$141,129
Jan 20211,71711,57350.412.81$119,077
Dec 20201,75511,30444.642.68$108,587
Nov 20201,74211,06638.772.71$97,488
Oct 20201,81411,42236.972.48$95,372
Sep 20201,85912,44337.091.99$93,725
Aug 20202,74819,82839.982.39$157,157
Jul 20209644,50738.371.83$45,215
Jun 20209687,72534.901.69$46,841
May 2020015216.921.81$276
Apr 20203361,46914.751.80$7,607
Mar 20202,1439,74230.341.86$83,102
Feb 20202,1479,13749.881.98$125,190
Jan 20202,2429,58357.252.09$148,428
Dec 20192,19710,51459.012.30$153,873
Nov 20192,21711,52455.302.75$154,299
Oct 20192,67511,54253.472.42$170,947
Sep 20192,52912,07855.052.66$171,316
Aug 20192,52412,87553.112.30$163,718
Jul 20192,73813,30856.272.46$186,806
Jun 20192,91812,57652.782.49$185,341
May 20192,57612,09558.482.74$183,789
Apr 20192,59711,54362.632.75$194,401
Mar 20192,89812,32156.803.06$202,335
Feb 20192,78311,46350.852.79$173,523
Jan 20193,00413,34946.033.23$181,367
Dec 20183,31815,18746.594.19$218,150
Nov 20182,74512,87052.934.24$199,826
Oct 20183,45416,35661.443.40$267,793
Sep 20182,89112,72159.543.11$211,667
Aug 20183,01914,91759.403.07$225,072
Jul 20183,32317,33065.142.93$267,270
Jun 20183,12215,52560.183.08$235,651
May 20183,04416,88065.382.90$247,982
Apr 20183,98816,92763.842.90$303,696
Mar 20185,77021,68661.222.79$413,675
Feb 20183,97421,11361.782.77$303,915
Jan 20185,10816,77062.874.01$388,376
Dec 20172,5868,39157.272.92$172,615
Nov 20172,8419,09455.423.12$185,807
Oct 20173,76417,12949.292.98$236,635
Sep 20175,13121,42347.523.09$309,964
Aug 20175,14921,05345.373.00$296,862
Jul 20178,30128,68043.873.09$452,708
Jun 20179,69625,63142.493.09$491,113
May 20172,24978845.373.26$104,609
Apr 20177,92215,17147.933.21$428,425
Mar 201717,22724,59246.772.98$879,081
Feb 20171471,73950.452.95$12,551
Jan 20172,83730249.413.42$141,209
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
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
Aug 20140089.394.04$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           696 bbl  × $106.41 =    $74,061
Gas                9,306 Mcf  × $  3.05 =    $28,345

────────────────────────────────────────────────────
Month total                                 $102,406

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/277027 is the state's own key, not one this site invented.