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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 282291District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.0 M
Feb 2017 – May 2026
Value, last 12 filed months
$128 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 Gas112018-10-17222984
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
CondensateDisposition194,428 bbl$10,668,162
GasProduction1,686,138 Mcf$5,381,727
Total$16,049,889

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, -98.8652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.33475, -98.86524 · 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
10,801 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 10,801 ft.

Completions filed
Feb 2017
1 of 1 wells

1 well

42-28335621D 3H10,801 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 202600106.413.05$0
Apr 20262931,19098.932.87$32,401
Mar 20267387,74889.753.15$90,637
Feb 20260063.503.75$0
Jan 20260559.138.00$40
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202502359.383.30$76
Sep 20250462.743.08$12
Aug 202511963.933.01$121
Jul 202533466.743.32$313
Jun 2025688566.483.13$4,787
May 20253222460.553.23$2,662
Apr 20251423562.363.54$1,706
Mar 2025138167.704.27$1,226
Feb 20252170.884.34$146
Jan 202519874.324.28$494
Dec 2024011,24768.993.12$35,106
Nov 20240069.052.20$0
Oct 202401771.372.28$39
Sep 202409069.612.36$213
Aug 2024107375.632.06$907
Jul 20242013,95679.932.15$24,558
Jun 20242802,81278.082.63$29,269
May 20243755,13578.812.20$40,843
Apr 20243874,91684.451.66$40,839
Mar 20244855,57480.301.55$47,558
Feb 20243705,01076.091.78$37,089
Jan 20244665,50873.023.30$52,191
Dec 20234075,88471.262.61$44,364
Nov 20234835,71977.892.81$53,677
Oct 20233906,03385.443.09$51,947
Sep 20234925,93089.042.74$60,026
Aug 20236076,47980.522.67$66,193
Jul 20235696,15874.852.64$58,858
Jun 20238666,61968.962.26$74,668
May 20238636,67170.622.23$75,804
Apr 20238196,66478.122.24$78,893
Mar 202306,80272.852.39$16,278
Feb 20238616,21275.112.47$79,987
Jan 20238327,17176.533.39$87,966
Dec 20227047,20876.415.73$95,088
Nov 202207,29485.005.65$41,183
Oct 20226876,66087.185.86$98,945
Sep 20226787,10684.888.16$115,560
Aug 20224807,07194.529.13$109,908
Jul 20225326,910101.587.54$106,156
Jun 20226367,521115.097.98$133,194
May 20227508,426109.378.43$153,084
Apr 20221,6488,942104.226.84$232,896
Mar 202207,838108.885.08$39,789
Feb 20227406,59191.054.86$99,402
Jan 20226447,36481.844.54$86,120
Dec 20216307,81971.323.90$75,419
Nov 202107,51477.435.24$39,350
Oct 20217277,46179.795.71$100,639
Sep 20217828,16969.865.35$98,342
Aug 20217338,67266.024.22$84,994
Jul 20211,3988,31470.783.98$132,057
Jun 20216718,44069.493.38$75,160
May 20216309,07463.483.02$67,375
Apr 20216348,67960.362.76$62,209
Mar 20216709,79161.302.72$67,673
Feb 20216098,22257.805.55$80,815
Jan 20211,4329,91650.412.81$100,054
Dec 202074510,71544.642.68$61,924
Nov 202075411,15038.772.71$59,411
Oct 20201,50112,10136.972.48$85,483
Sep 202069412,05337.091.99$49,738
Aug 20201,40711,80339.982.39$84,403
Jul 202072412,12438.371.83$49,908
Jun 20201,41812,02434.901.69$69,812
May 202071512,74016.921.81$35,218
Apr 20201,36713,36214.751.80$44,273
Mar 20201,34514,49430.341.86$67,712
Feb 20201,25613,92349.881.98$90,226
Jan 202099716,29557.252.09$91,212
Dec 20191,44314,68259.012.30$118,984
Nov 20191,07215,29855.302.75$101,362
Oct 20191,59416,88553.472.42$126,068
Sep 20192,01316,65755.052.66$155,078
Aug 20192,23617,03653.112.30$158,011
Jul 201988017,88256.272.46$93,508
Jun 20191,63818,76552.782.49$133,201
May 20191,66622,16358.482.74$158,161
Apr 20191,71221,40362.632.75$166,096
Mar 20191,72723,65856.803.06$170,537
Feb 20192,68723,66250.852.79$202,703
Jan 20192,65129,57446.033.23$217,496
Dec 20182,52433,27046.594.19$256,843
Nov 20183,04532,94152.934.24$300,751
Oct 20183,44036,02361.443.40$333,763
Sep 20183,59237,51359.543.11$330,458
Aug 20184,19428,60459.403.07$336,839
Jul 20183,74324,16465.142.93$314,665
Jun 20182,81224,74860.183.08$245,374
May 20183,16832,36465.382.90$301,005
Apr 20184,11026,54263.842.90$339,375
Mar 20183,98035,20161.222.79$341,755
Feb 20184,25635,83061.782.77$362,046
Jan 20185,32427,52062.874.01$445,056
Dec 20175,80328,57057.272.92$415,806
Nov 20176,98645,21655.423.12$528,164
Oct 20178,14950,30249.292.98$551,749
Sep 20175,95552,19547.523.09$444,122
Aug 20179,47542,70245.373.00$558,175
Jul 20179,17866,50943.873.09$607,971
Jun 201711,14371,57142.493.09$694,426
May 20179,87377,39045.373.26$700,493
Apr 20179,87967,36047.933.21$689,834
Mar 20179,06464,46546.772.98$616,266
Feb 20173,15033,26050.452.95$257,121

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.

Apr 2026 — as filed, then multipliedworked
Condensate           293 bbl  × $ 98.93 =    $28,986
Gas                1,190 Mcf  × $  2.87 =     $3,415

────────────────────────────────────────────────────
Month total                                  $32,401

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/282291 is the state's own key, not one this site invented.