MineralRecord
Log inSign up

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 278266District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Aug 2015 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
130
no gaps in the span
Streams
2
condensate, gas

The HAWKVILLE (EAGLEFORD SHALE) field

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 Gas112016-08-15218078
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
CondensateDisposition84,557 bbl$3,635,931
GasProduction576,234 Mcf$1,525,550
Total$5,161,480

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, -98.8640. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33508, -98.86396 · 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
10,744 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 10,744 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-28335525B 1H10,744 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 (130)

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

130 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260489.753.15$13
Feb 20260263.503.75$8
Jan 202609559.138.00$760
Dec 20250056.664.41$0
Nov 202501858.593.93$71
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202528166.743.32$402
Jun 20252281,33966.483.13$19,347
May 20252295,13760.553.23$30,470
Apr 2025114,02862.363.54$14,958
Mar 20251801,02767.704.27$16,570
Feb 20252086170.884.34$5,155
Jan 202503,79874.324.28$16,250
Dec 202421,48268.993.12$4,764
Nov 20241069.052.20$69
Oct 20248559171.372.28$7,415
Sep 20241221,07269.612.36$11,027
Aug 20241234,93375.632.06$19,482
Jul 20242077,37079.932.15$32,366
Jun 20241838,55978.082.63$36,833
May 2024281,78878.812.20$6,137
Apr 2024281,54784.451.66$4,931
Mar 2024351,41280.301.55$4,992
Feb 2024471,66576.091.78$6,546
Jan 20242861873.023.30$4,083
Dec 20233071.262.61$214
Nov 20231225977.892.81$1,662
Oct 20236087185.443.09$7,815
Sep 20231451,42289.042.74$16,800
Aug 202311391480.522.67$11,542
Jul 20236249374.852.64$5,943
Jun 202321289268.962.26$16,634
May 20233841,48170.622.23$30,417
Apr 20233921,49278.122.24$33,962
Mar 202302,12272.852.39$5,078
Feb 2023672,31975.112.47$10,750
Jan 20232335876.533.39$18,028
Dec 202283,22276.415.73$19,070
Nov 202208385.005.65$469
Oct 20220087.185.86$0
Sep 202259084.888.16$5,008
Aug 202212845194.529.13$16,215
Jul 2022451,072101.587.54$12,656
Jun 20222220115.097.98$25,550
May 20221592,226109.378.43$36,162
Apr 20224101,787104.226.84$54,949
Mar 202201,850108.885.08$9,391
Feb 20221491,97691.054.86$23,168
Jan 20221941,50381.844.54$22,697
Dec 20211922,58471.323.90$23,769
Nov 202102,64277.435.24$13,836
Oct 20211872,06779.795.71$26,731
Sep 20212131,83269.865.35$24,683
Aug 20212481,93766.024.22$24,548
Jul 20214422,34070.783.98$40,603
Jun 20212882,64469.493.38$28,951
May 20213562,90663.483.02$31,368
Apr 20214043,21460.362.76$33,251
Mar 20214443,91361.302.72$37,849
Feb 20214323,63157.805.55$45,114
Jan 20217674,39550.412.81$51,016
Dec 20201984,51244.642.68$20,910
Nov 20201042,92938.772.71$11,960
Oct 20201111,61936.972.48$8,116
Sep 20203296637.091.99$3,110
Aug 202011255039.982.39$5,790
Jul 202001,21038.371.83$2,208
Jun 202061034.901.69$2,129
May 20204343816.921.81$1,522
Apr 20202267714.751.80$1,546
Mar 202050030.341.86$1,517
Feb 20201563549.881.98$2,006
Jan 202069057.252.09$3,950
Dec 20192871,12759.012.30$19,533
Nov 20191982,39455.302.75$17,535
Oct 2019991,06253.472.42$7,862
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019105056.803.06$5,964
Feb 20193282,43350.852.79$23,472
Jan 20190046.033.23$0
Dec 201812046.594.19$559
Nov 20181412552.934.24$7,569
Oct 201839433661.443.40$25,349
Sep 201820937959.543.11$13,622
Aug 20183417159.403.07$2,544
Jul 2018501,10365.142.93$6,491
Jun 201812763160.183.08$9,584
May 20181763,69065.382.90$22,211
Apr 201828511963.842.90$18,540
Mar 20185322,60261.222.79$39,820
Feb 20182192,15561.782.77$19,491
Jan 2018115062.874.01$7,230
Dec 20176082,54257.272.92$42,247
Nov 2017186355.423.12$10,317
Oct 20174432,19949.292.98$28,397
Sep 201735047.523.09$1,663
Aug 201775964545.373.00$36,374
Jul 20171,0465,95243.873.09$64,264
Jun 20178902,49042.493.09$45,503
May 20171,4805,69145.373.26$85,720
Apr 20172,6249,31047.933.21$155,668
Mar 20173,0629,90846.772.98$172,772
Feb 20171,3026,99650.452.95$86,342
Jan 2017705049.413.42$34,834
Dec 20169685,71248.763.72$68,464
Nov 20161,88213,69142.492.64$116,170
Oct 20161,87915,58446.193.09$134,950
Sep 20161,67917,58241.553.10$124,278
Aug 20162,07417,82541.442.92$138,073
Jul 20163,11718,34341.622.92$183,371
Jun 20163,10119,93845.352.69$194,180
May 20162,14422,92842.521.99$136,813
Apr 20163,33224,96336.561.99$171,520
Mar 20164,67528,26033.011.79$205,020
Feb 20164,52030,41426.472.06$182,408
Jan 20167,03339,04127.352.36$284,660
Dec 20157,41246,28532.362.00$332,488
Nov 201510,34551,69138.792.17$513,314
Oct 20154,53938,45343.552.43$290,983
Sep 20150042.992.76$0
Aug 20150040.162.87$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                    4 Mcf  × $  3.15 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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/278266 is the state's own key, not one this site invented.