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 277920District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Jul 2015 – May 2026
Value, last 12 filed months
$43 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 Gas112016-11-04218077
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
CondensateDisposition61,981 bbl$2,583,243
GasProduction513,984 Mcf$1,253,087
Total$3,836,330

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 28.3351, -98.8633. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33508, -98.86330 · 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
10,845 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 10,845 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-28335527B 2H10,845 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 20260289.753.15$6
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 20252412463.933.01$1,908
Jul 20251691,02566.743.32$14,677
Jun 20252792,57066.483.13$26,589
May 20251044,95960.553.23$22,326
Apr 20251014,79962.363.54$23,302
Mar 20254212,14567.704.27$37,657
Feb 2025151,81870.884.34$8,955
Jan 202502,02874.324.28$8,677
Dec 2024062768.993.12$1,957
Nov 20240069.052.20$0
Oct 2024141471.372.28$1,016
Sep 202412734669.612.36$9,659
Aug 20244756,35975.632.06$49,047
Jul 20247849,03779.932.15$82,064
Jun 202470310,49478.082.63$82,531
May 20241682,19278.812.20$18,059
Apr 20241691,89784.451.66$17,420
Mar 2024981,73180.301.55$10,544
Feb 20241344576.091.78$1,783
Jan 20240073.023.30$0
Dec 20239071.262.61$641
Nov 20233547077.892.81$4,046
Oct 20238493285.443.09$10,054
Sep 20231621,41989.042.74$18,306
Aug 20239978380.522.67$10,064
Jul 202314348574.852.64$11,985
Jun 20232871,74968.962.26$23,742
May 2023122,19470.622.23$5,734
Apr 202321078.122.24$1,641
Mar 2023012772.852.39$304
Feb 20238724575.112.47$7,139
Jan 202301,12176.533.39$3,798
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 20201044.642.68$45
Nov 202001538.772.71$41
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20201034.901.69$35
May 202001516.921.81$27
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 201938053.472.42$2,032
Sep 20194681,31055.052.66$29,244
Aug 20191,0285,95353.112.30$68,315
Jul 20193375,94556.272.46$33,588
Jun 20195336,41852.782.49$44,120
May 20194395,52658.482.74$40,816
Apr 20196033,89762.632.75$48,485
Mar 20196938,81856.803.06$66,364
Feb 20194635,52650.852.79$38,973
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018118063.842.90$7,533
Mar 20183051,10661.222.79$21,754
Feb 20182771,38061.782.77$20,930
Jan 2018406762.874.01$2,783
Dec 201713969057.272.92$9,976
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201742047.523.09$1,996
Aug 20173381,06245.373.00$18,526
Jul 20174342,33243.873.09$26,239
Jun 20176341,68742.493.09$32,147
May 20178803,99245.373.26$52,953
Apr 20171,2977,04347.933.21$84,785
Mar 20175282,80946.772.98$33,076
Feb 2017113050.452.95$5,701
Jan 2017333049.413.42$16,454
Dec 20165103,60848.763.72$38,300
Nov 20161,09710,90442.492.64$75,446
Oct 20161,18913,55046.193.09$96,793
Sep 20161,18015,42541.553.10$96,856
Aug 20161,59016,88641.442.92$115,270
Jul 20162,53517,75141.622.92$157,417
Jun 20162,60619,55745.352.69$170,709
May 20161,84423,08542.521.99$124,370
Apr 20162,94425,49736.561.99$158,398
Mar 20164,25929,44233.011.79$193,409
Feb 20164,11632,12726.472.06$175,249
Jan 20166,12241,15627.352.36$264,744
Dec 20156,14948,29832.362.00$295,646
Nov 20157,73651,33638.792.17$411,341
Oct 20153,43237,23443.552.43$239,815
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                    2 Mcf  × $  3.15 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/277920 is the state's own key, not one this site invented.