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 277916District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Jul 2015 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
131
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 Gas112016-11-04218076
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
CondensateDisposition108,111 bbl$4,956,206
GasProduction817,366 Mcf$2,307,422
Total$7,263,629

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, -98.8624. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33477, -98.86237 · 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
10,747 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 10,747 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-28335526B 3H10,747 ftSep 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 (131)

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

131 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202601989.753.15$60
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202511663.933.01$112
Jul 20251917566.743.32$1,848
Jun 20251841,88766.483.13$18,136
May 2025593,11060.553.23$13,625
Apr 2025662,80262.363.54$14,044
Mar 20252291,38767.704.27$21,423
Feb 2025101,06770.884.34$5,340
Jan 20251081,87574.324.28$16,049
Dec 20241111,93168.993.12$13,685
Nov 202423069.052.20$1,588
Oct 2024851,81271.372.28$10,200
Sep 20243013369.612.36$2,403
Aug 2024721,36075.632.06$8,252
Jul 20241151,66679.932.15$12,768
Jun 2024991,93678.082.63$12,829
May 20242340678.812.20$2,705
Apr 20242435384.451.66$2,613
Mar 20242932180.301.55$2,825
Feb 20244482976.091.78$4,827
Jan 20246291573.023.30$7,545
Dec 2023611,15371.262.61$7,357
Nov 20231743877.892.81$2,554
Oct 20233663085.443.09$5,021
Sep 20238982989.042.74$10,192
Aug 20231201,58580.522.67$13,899
Jul 20238082874.852.64$8,175
Jun 20231601,57868.962.26$14,597
May 20231771,92570.622.23$16,787
Apr 20231861,27478.122.24$17,381
Mar 202301,49272.852.39$3,571
Feb 20234994375.112.47$6,006
Jan 2023248076.533.39$18,979
Dec 202265413676.415.73$50,751
Nov 202203,04585.005.65$17,193
Oct 20227513,94487.185.86$88,599
Sep 20226224,98684.888.16$93,499
Aug 20226373,74994.529.13$94,427
Jul 20225283,942101.587.54$83,365
Jun 20224523,544115.097.98$80,292
May 20223123,310109.378.43$62,037
Apr 20227162,693104.226.84$93,035
Mar 202202,557108.885.08$12,980
Feb 20222632,69891.054.86$37,055
Jan 20223591,77181.844.54$37,417
Dec 20214293,13571.323.90$42,820
Nov 202104,50777.435.24$23,602
Oct 20215054,20579.795.71$64,321
Sep 20214754,37269.865.35$56,578
Aug 20214673,66966.024.22$46,317
Jul 20215774,68670.783.98$59,500
Jun 20212934,16569.493.38$34,441
May 20214093,09263.483.02$35,294
Apr 20214223,94060.362.76$36,340
Mar 20214564,64061.302.72$40,559
Feb 20214164,28357.805.55$47,807
Jan 20218654,80550.412.81$57,108
Dec 20204825,34544.642.68$35,817
Nov 20205315,02938.772.71$34,198
Oct 20209075,66836.972.48$47,580
Sep 20204145,36337.091.99$26,033
Aug 20209235,98639.982.39$51,179
Jul 20204016,02938.371.83$26,390
Jun 20207655,41134.901.69$35,845
May 20204965,15516.921.81$17,747
Apr 20201,0334,86614.751.80$24,017
Mar 20209344,34530.341.86$36,403
Feb 20208363,58849.881.98$48,806
Jan 20207264,42357.252.09$50,829
Dec 20199594,17959.012.30$66,221
Nov 20195494,76455.302.75$43,464
Oct 20196604,41953.472.42$45,978
Sep 20197684,97055.052.66$55,485
Aug 20199235,43853.112.30$61,552
Jul 20192945,71056.272.46$30,590
Jun 20196035,24152.782.49$44,883
May 20192506,10558.482.74$31,350
Apr 20199942462.632.75$7,367
Mar 20192661,66056.803.06$20,192
Feb 20198435,17050.852.79$57,302
Jan 20198937,24246.033.23$64,483
Dec 20188127,67146.594.19$69,938
Nov 20188367,99552.934.24$78,126
Oct 20185706,60561.443.40$57,465
Sep 20184676,72859.543.11$48,716
Aug 20187268,20259.403.07$68,276
Jul 20181,0548,48865.142.93$93,543
Jun 20188869,42560.183.08$82,319
May 20181,0655,67565.382.90$86,092
Apr 20181,5676,32663.842.90$118,388
Mar 20187364,69661.222.79$58,145
Feb 201896561.782.77$736
Jan 20186062.874.01$377
Dec 201710325257.272.92$6,635
Nov 20176542,16455.423.12$42,993
Oct 20177457,02049.292.98$57,666
Sep 201722047.523.09$1,045
Aug 201761979845.373.00$30,482
Jul 20171,2028,26343.873.09$78,242
Jun 20171,1347,06342.493.09$69,989
May 20179185,13245.373.26$58,397
Apr 20171,8488,25347.933.21$115,080
Mar 20172,92510,98946.772.98$169,590
Feb 20171,4898,29850.452.95$99,621
Jan 2017606049.413.42$29,942
Dec 20168487,68248.763.72$69,947
Nov 20161,68515,79842.492.64$113,371
Oct 20161,42317,78946.193.09$120,701
Sep 20161,33119,78641.553.10$116,652
Aug 20161,80019,74341.442.92$132,327
Jul 20162,75319,84141.622.92$172,602
Jun 20162,70222,01045.352.69$181,651
May 20161,92924,51242.521.99$130,825
Apr 20163,15928,24436.561.99$171,728
Mar 20164,66732,88133.011.79$213,047
Feb 20164,68536,06026.472.06$198,426
Jan 20167,24145,81727.352.36$306,369
Dec 20157,63352,46832.362.00$352,014
Nov 201511,14057,65638.792.17$557,080
Oct 20155,33747,89243.552.43$348,640
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   19 Mcf  × $  3.15 =        $60

────────────────────────────────────────────────────
Month total                                      $60

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/277916 is the state's own key, not one this site invented.