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 277759District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Jun 2015 – May 2026
Value, last 12 filed months
$177 k
at the published price for each month
Months reported
132
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 Gas112016-11-04218073
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
CondensateDisposition66,831 bbl$2,933,389
GasProduction557,375 Mcf$1,410,633
Total$4,344,022

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, -98.8597. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33467, -98.85974 · 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
10,860 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 10,860 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-28335211B 6H10,860 ftOct 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 (132)

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

132 months

May 202682910,622106.413.05$120,567
Apr 202609898.932.87$281
Mar 2026010289.753.15$321
Feb 202608963.503.75$334
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202501658.593.93$63
Oct 20250059.383.30$0
Sep 20252062.743.08$125
Aug 20254122063.933.01$3,284
Jul 202518492866.743.32$15,357
Jun 20254282,47666.483.13$36,200
May 20254672,56860.553.23$36,577
Apr 20254442,50862.363.54$36,574
Mar 20254392,58667.704.27$40,758
Feb 2025040470.884.34$1,754
Jan 202532,02174.324.28$8,870
Dec 20243872768.993.12$4,891
Nov 202424069.052.20$1,657
Oct 20242432,02371.372.28$21,958
Sep 20242652,36869.612.36$24,045
Aug 20241782,01675.632.06$17,622
Jul 20242322,38679.932.15$23,666
Jun 20242072,57078.082.63$22,932
May 20245053978.812.20$5,125
Apr 20245046584.451.66$4,994
Mar 20245743880.301.55$5,254
Feb 2024811,25376.091.78$8,398
Jan 2024921,43373.023.30$11,443
Dec 2023661,32471.262.61$8,160
Nov 20234486677.892.81$5,859
Oct 2023951,24685.443.09$11,964
Sep 20232291,63989.042.74$24,873
Aug 20232611,36080.522.67$24,651
Jul 202321485374.852.64$18,271
Jun 2023971,73268.962.26$10,601
May 2023538170.622.23$1,202
Apr 2023825578.122.24$1,196
Mar 2023033372.852.39$797
Feb 20234059875.112.47$4,479
Jan 2023037476.533.39$1,267
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20201038.772.71$39
Oct 202001436.972.48$35
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019119053.472.42$6,363
Sep 20193454,07455.052.66$29,818
Aug 201913053.112.30$690
Jul 20192613656.272.46$1,798
Jun 20191471652.782.49$2,523
May 2019162058.482.74$9,474
Apr 20191783,45762.632.75$20,657
Mar 20191181,50956.803.06$11,323
Feb 20191471,80350.852.79$12,509
Jan 201917316446.033.23$8,493
Dec 20182313,52346.594.19$25,508
Nov 20184042252.934.24$3,905
Oct 201817061.443.40$1,044
Sep 201816755559.543.11$11,668
Aug 20186835,29859.403.07$56,817
Jul 20186736,73565.142.93$63,585
Jun 20184766,96260.183.08$50,067
May 20184564,19565.382.90$41,982
Apr 20185372,94963.842.90$42,837
Mar 20186864,41261.222.79$54,292
Feb 20187555,13061.782.77$60,834
Jan 20186363,14162.874.01$52,579
Dec 20171,0645,11057.272.92$75,864
Nov 20171,53710,47055.423.12$117,830
Oct 20171702,12049.292.98$14,705
Sep 201711047.523.09$523
Aug 201735844445.373.00$17,576
Jul 20176316,95443.873.09$49,151
Jun 20174393,36242.493.09$29,033
May 20175041,61245.373.26$28,127
Apr 20171,2308,05947.933.21$84,836
Mar 20171,2746,04546.772.98$77,621
Feb 20178866,84650.452.95$64,912
Jan 201755412649.413.42$27,804
Dec 20168107,38548.763.72$66,989
Nov 20161,38317,04042.492.64$103,823
Oct 20161,27415,94446.193.09$108,117
Sep 20161,14213,67441.553.10$89,848
Aug 20161,44717,51241.442.92$111,175
Jul 20162,24118,66741.622.92$147,859
Jun 20162,28920,50045.352.69$158,866
May 20161,61824,13242.521.99$116,845
Apr 20162,56527,26736.561.99$148,066
Mar 20163,69830,68233.011.79$177,115
Feb 20163,69833,63826.472.06$167,302
Jan 20165,74341,59427.352.36$255,414
Dec 20155,98046,76432.362.00$287,107
Nov 20158,61952,65138.792.17$448,443
Oct 20153,60031,76543.552.43$233,860
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$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           829 bbl  × $106.41 =    $88,214
Gas               10,622 Mcf  × $  3.05 =    $32,353

────────────────────────────────────────────────────
Month total                                 $120,567

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/277759 is the state's own key, not one this site invented.