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 277162District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.0 M
Aug 2014 – May 2026
Value, last 12 filed months
$1.0 M
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-1112020-08-04227575

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
CondensateDisposition326,546 bbl$19,014,754
GasProduction1,495,271 Mcf$5,002,715
Total$24,017,469

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 28.3523, -99.5275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35234, -99.52749 · 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
8,036 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 8,036 ft.

Completions filed
Feb 2017
1 of 1 wells

1 well

42-12736280128,036 ftFeb 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 20269847,467106.413.05$127,451
Apr 20267666,97998.932.87$95,808
Mar 20269877,60989.753.15$112,547
Feb 20261,0097,58963.503.75$92,533
Jan 20269975,49359.138.00$102,885
Dec 20256072,67256.664.41$46,185
Nov 20257644,19558.593.93$61,234
Oct 20259266,55659.383.30$76,652
Sep 20258504,89562.743.08$68,391
Aug 20251,1287,10763.933.01$93,539
Jul 20258144,17266.743.32$68,157
Jun 20251,0916,80466.483.13$93,817
May 20251,2197,73760.553.23$98,819
Apr 20251,1676,58862.363.54$96,116
Mar 20259886,38367.704.27$94,132
Feb 20258806,12170.884.34$88,945
Jan 20255412,49874.324.28$50,895
Dec 20241,0988,07568.993.12$100,956
Nov 20241,0927,78269.052.20$92,511
Oct 20241,2577,95471.372.28$107,858
Sep 20241,1697,10369.612.36$98,168
Aug 20241,1458,10875.632.06$103,328
Jul 20241,1847,97679.932.15$111,758
Jun 20241,1508,51978.082.63$112,231
May 20241,2109,00778.812.20$115,161
Apr 20241,2469,14984.451.66$120,405
Mar 20241,3739,37480.301.55$124,736
Feb 20241,2868,43176.091.78$112,890
Jan 20241,3629,10673.023.30$129,482
Dec 20231,3697,43671.262.61$116,968
Nov 20231,4149,83677.892.81$137,752
Oct 20231,40210,23285.443.09$151,376
Sep 20231,15210,85689.042.74$132,266
Aug 20231,03510,17680.522.67$110,537
Jul 20231,44110,59574.852.64$135,849
Jun 20231,4599,98968.962.26$123,173
May 20231,57710,33870.622.23$134,395
Apr 20231,6269,88278.122.24$149,137
Mar 20231,74511,23672.852.39$154,013
Feb 20231,5729,98375.112.47$142,688
Jan 20231,75610,28176.533.39$169,216
Dec 20221,7206,22476.415.73$167,083
Nov 20222,7919,75785.005.65$292,325
Oct 20221,40410,36387.185.86$183,167
Sep 20221,63511,01684.888.16$228,710
Aug 20221,69012,47494.529.13$273,591
Jul 20221,49710,504101.587.54$231,287
Jun 20221,55812,767115.097.98$281,155
May 20221,71313,174109.378.43$298,448
Apr 20221,75811,467104.226.84$261,626
Mar 20221,63911,944108.885.08$239,087
Feb 20221,68311,10491.054.86$207,190
Jan 20221,84410,90581.844.54$200,396
Dec 20212,01911,98671.323.90$190,730
Nov 20212,03411,87377.435.24$219,670
Oct 20211,97312,00979.795.71$226,044
Sep 20212,08011,18269.865.35$205,143
Aug 20212,33411,27466.024.22$201,674
Jul 20212,44711,29870.783.98$218,188
Jun 20212,17410,72569.493.38$187,328
May 20212,29510,85863.483.02$178,452
Apr 20212,1009,80160.362.76$153,791
Mar 20212,49011,31261.302.72$183,371
Feb 20212,49711,11457.805.55$205,987
Jan 20212,54013,30050.412.81$165,418
Dec 20202,57613,64644.642.68$151,502
Nov 20202,57513,52838.772.71$136,447
Oct 20202,85013,73136.972.48$139,396
Sep 20202,78413,46337.091.99$130,064
Aug 20204,05123,58839.982.39$218,219
Jul 20204741,51638.371.83$20,954
Jun 20201,5267,23634.901.69$65,488
May 202005116.921.81$93
Apr 20204251,91114.751.80$9,717
Mar 20202,94212,76730.341.86$112,959
Feb 20203,08811,84849.881.98$177,496
Jan 20203,26613,35357.252.09$214,950
Dec 20193,17113,94059.012.30$219,243
Nov 20192,97414,67755.302.75$204,834
Oct 20193,45816,02353.472.42$223,652
Sep 20193,20816,38555.052.66$220,140
Aug 20193,20317,27953.112.30$209,928
Jul 20193,39017,69956.272.46$234,296
Jun 20193,52017,19552.782.49$228,622
May 20193,56917,25358.482.74$255,994
Apr 20193,58416,42062.632.75$269,632
Mar 20193,72617,41256.803.06$264,954
Feb 20193,59514,84450.852.79$224,253
Jan 20193,97617,79446.033.23$240,458
Dec 20184,15319,32946.594.19$274,389
Nov 20183,79216,48152.934.24$270,545
Oct 20183,95517,93461.443.40$303,936
Sep 20184,22017,57559.543.11$305,882
Aug 20184,87820,08159.403.07$351,333
Jul 20184,40522,37765.142.93$352,548
Jun 20184,11820,14560.183.08$309,806
May 20184,69323,50265.382.90$375,003
Apr 20184,69023,62063.842.90$367,927
Mar 20186,23028,07761.222.79$459,647
Feb 20185,81026,77261.782.77$432,996
Jan 20184,60324,48362.874.01$387,551
Dec 20172,99311,53157.272.92$205,097
Nov 20175,13928,43355.423.12$373,468
Oct 20176,26235,89649.292.98$415,756
Sep 20175,95525,85747.523.09$362,809
Aug 20177,49634,88045.373.00$444,887
Jul 201712,89241,52343.873.09$693,765
Jun 201714,62545,56442.493.09$762,085
May 201714,04827,88445.373.26$728,354
Apr 201713,40526,13647.933.21$726,440
Mar 201721,40037,32046.772.98$1,112,229
Feb 20173,1005,59250.452.95$172,906
Jan 20170049.413.42$0
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           984 bbl  × $106.41 =   $104,707
Gas                7,467 Mcf  × $  3.05 =    $22,743

────────────────────────────────────────────────────
Month total                                 $127,451

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/277162 is the state's own key, not one this site invented.