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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 282047District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.9 M
Feb 2017 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
112
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 Gas112018-11-28222990
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
CondensateDisposition90,548 bbl$4,937,903
GasProduction3,139,941 Mcf$9,922,413
Total$14,860,316

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 28.2849, -98.8686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28487, -98.86856 · 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
11,427 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 11,427 ft.

Completions filed
Feb 2017
1 of 1 wells

1 well

42-28335623D 1H11,427 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 (112)

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

112 months

May 20264406106.413.05$1,662
Apr 20262534298.932.87$3,455
Mar 20262618089.753.15$2,900
Feb 20265539463.503.75$4,970
Jan 20268664959.138.00$10,276
Dec 20251356.664.41$70
Nov 202524058.593.93$1,406
Oct 2025394,16559.383.30$16,080
Sep 2025204,61262.743.08$15,446
Aug 2025106,96263.933.01$21,628
Jul 2025136,26166.743.32$21,624
Jun 20251385,35666.483.13$25,932
May 2025310,58860.553.23$34,405
Apr 2025112,18162.363.54$43,221
Mar 20255333667.704.27$5,022
Feb 20253070.884.34$213
Jan 202530074.324.28$2,230
Dec 20241021,05268.993.12$10,321
Nov 20243122269.052.20$2,629
Oct 20241921,96071.372.28$18,175
Sep 20243124,45069.612.36$32,240
Aug 20242796,68275.632.06$34,890
Jul 20242227,00879.932.15$32,788
Jun 20241775,17178.082.63$27,440
May 20242135,34078.812.20$28,526
Apr 20242286,00484.451.66$29,216
Mar 20242746,95680.301.55$32,750
Feb 20241876,66176.091.78$26,110
Jan 20241537,78073.023.30$36,828
Dec 20231657,59471.262.61$31,584
Nov 20231607,49877.892.81$33,513
Oct 2023976,98685.443.09$29,855
Sep 20231437,23589.042.74$32,521
Aug 20231916,74880.522.67$33,416
Jul 20232379,70874.852.64$43,386
Jun 202338011,80868.962.26$52,873
May 202330111,99270.622.23$47,968
Apr 202323512,21378.122.24$45,688
Mar 2023012,99572.852.39$31,099
Feb 202330012,23575.112.47$52,701
Jan 202336914,31276.533.39$76,725
Dec 202235015,95476.415.73$118,145
Nov 2022015,09485.005.65$85,224
Oct 202260315,79687.185.86$145,193
Sep 20221769,56384.888.16$93,008
Aug 20222474,85094.529.13$67,613
Jul 202221311,683101.587.54$109,751
Jun 202219712,773115.097.98$124,566
May 202217912,532109.378.43$125,260
Apr 202231813,420104.226.84$124,903
Mar 2022013,895108.885.08$70,537
Feb 202213511,00191.054.86$65,744
Jan 202211313,30381.844.54$69,613
Dec 202114710,08771.323.90$49,814
Nov 202107,98277.435.24$41,801
Oct 202125618,72679.795.71$127,424
Sep 202132721,02969.865.35$135,369
Aug 202124823,87066.024.22$117,118
Jul 202148617,82070.783.98$105,360
Jun 202123515,51569.493.38$68,780
May 202125016,29563.483.02$65,043
Apr 202126817,05160.362.76$63,210
Mar 202131520,19961.302.72$74,189
Feb 202131015,84357.805.55$105,814
Jan 202163723,45650.412.81$98,029
Dec 202030724,01544.642.68$77,956
Nov 202031223,55238.772.71$75,841
Oct 202060924,88136.972.48$84,181
Sep 202029724,97737.091.99$60,746
Aug 202057426,31639.982.39$85,715
Jul 202029926,77338.371.83$60,337
Jun 202060526,02534.901.69$65,105
May 202029828,36116.921.81$56,510
Apr 202059228,96914.751.80$61,003
Mar 202060431,58930.341.86$76,962
Feb 202055330,84049.881.98$88,668
Jan 202046836,36557.252.09$102,968
Dec 201969028,79359.012.30$107,066
Nov 201948133,37555.302.75$118,404
Oct 201969035,35453.472.42$122,399
Sep 201993936,42355.052.66$148,478
Aug 20191,10738,05253.112.30$146,478
Jul 201926540,88556.272.46$115,491
Jun 201962427,34152.782.49$101,047
May 201970743,66358.482.74$160,996
Apr 201971841,39162.632.75$158,823
Mar 201970543,14356.803.06$172,152
Feb 20191,06443,71450.852.79$176,164
Jan 20191,03152,58746.033.23$217,217
Dec 20181,02561,60146.594.19$305,582
Nov 20181,30659,39752.934.24$320,806
Oct 20181,39461,35061.443.40$294,120
Sep 20181,09860,23859.543.11$252,595
Aug 20181,37246,28459.403.07$223,429
Jul 20181,65252,48165.142.93$261,479
Jun 20181,35453,88860.183.08$247,293
May 20181,74866,67765.382.90$307,701
Apr 20182,22551,17563.842.90$290,492
Mar 20182,36268,87861.222.79$336,554
Feb 20182,50670,29861.782.77$349,273
Jan 20183,07782,50062.874.01$524,220
Dec 20173,51088,28957.272.92$458,956
Nov 20174,30198,31455.423.12$544,940
Oct 20174,900111,70649.292.98$574,816
Sep 20173,45587,30647.523.09$433,720
Aug 20175,63983,38245.373.00$506,354
Jul 20173,602117,66343.873.09$521,278
Jun 20173,29841,15042.493.09$267,174
May 20174,896122,04745.373.26$620,420
Apr 20175,383130,80347.933.21$678,094
Mar 20173,673100,54146.772.98$471,768
Feb 201774435,80750.452.95$143,259

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             4 bbl  × $106.41 =       $426
Gas                  406 Mcf  × $  3.05 =     $1,237

────────────────────────────────────────────────────
Month total                                   $1,662

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/282047 is the state's own key, not one this site invented.