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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 282333District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.8 M
Jan 2017 – May 2026
Value, last 12 filed months
$541 k
at the published price for each month
Months reported
113
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 Gas112018-11-28222986
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
CondensateDisposition147,786 bbl$8,702,123
GasProduction1,909,814 Mcf$6,132,887
Total$14,835,010

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 28.3190, -98.8626. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31902, -98.86262 · 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
10,847 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 10,847 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-28335827I 1H10,847 ftJan 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 (113)

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

113 months

May 20263264,514106.413.05$48,439
Apr 20266738,87998.932.87$92,060
Mar 20262645,80789.753.15$41,983
Feb 202676812,59863.503.75$96,015
Jan 202656710,10459.138.00$114,338
Dec 20250056.664.41$0
Nov 20251764,12158.593.93$26,493
Oct 20251622,74859.383.30$18,701
Sep 20254622,40962.743.08$36,398
Aug 20253281,88363.933.01$26,646
Jul 20253381,89266.743.32$28,830
Jun 202512294366.483.13$11,061
May 20256296,74660.553.23$59,891
Apr 20252395,26262.363.54$33,548
Mar 20251611,94767.704.27$19,210
Feb 20251522,04970.884.34$19,668
Jan 20252463,07574.324.28$31,440
Dec 20242065,79268.993.12$32,291
Nov 2024101069.052.20$712
Oct 20243302,65271.372.28$29,602
Sep 20245915,04369.612.36$53,063
Aug 20244635,83275.632.06$47,052
Jul 20243253,83879.932.15$34,216
Jun 20244254,70978.082.63$45,587
May 20245115,69978.812.20$52,801
Apr 20244164,73084.451.66$42,979
Mar 20246876,23880.301.55$64,805
Feb 20245275,58276.091.78$50,056
Jan 20246136,20873.023.30$65,233
Dec 20235115,72571.262.61$51,360
Nov 20236866,48777.892.81$71,645
Oct 20235016,03585.443.09$61,437
Sep 20237006,72189.042.74$80,710
Aug 20237837,13380.522.67$82,113
Jul 20236926,13774.852.64$68,009
Jun 20239926,48768.962.26$83,059
May 20238796,90670.622.23$77,457
Apr 20238036,14078.122.24$76,470
Mar 202306,64272.852.39$15,895
Feb 20239845,37475.112.47$87,159
Jan 20238697,75476.533.39$92,773
Dec 20227687,03376.415.73$98,976
Nov 202205,99285.005.65$33,832
Oct 20226246,39987.185.86$91,923
Sep 20227316,44584.888.16$114,662
Aug 20227447,02094.529.13$134,396
Jul 20228087,155101.587.54$136,040
Jun 20226557,769115.097.98$137,359
May 20225147,417109.378.43$118,764
Apr 20221,1287,514104.226.84$168,938
Mar 202207,967108.885.08$40,444
Feb 20225946,64291.054.86$86,356
Jan 20226078,04881.844.54$86,196
Dec 20216929,04871.323.90$84,633
Nov 202109,40877.435.24$49,268
Oct 202187710,71379.795.71$131,189
Sep 20211,00512,29869.865.35$136,015
Aug 202193913,11666.024.22$117,350
Jul 20211,58913,30270.783.98$165,439
Jun 202186313,61169.493.38$105,983
May 202180016,46263.483.02$100,461
Apr 202172715,05160.362.76$85,399
Mar 202167815,11361.302.72$82,623
Feb 20216209,06357.805.55$86,117
Jan 20211,13010,14250.412.81$85,465
Dec 202055210,25044.642.68$52,065
Nov 202056810,59638.772.71$50,700
Oct 20201,06211,11736.972.48$66,815
Sep 202050610,79137.091.99$40,253
Aug 202095011,58639.982.39$65,615
Jul 202049011,50538.371.83$39,799
Jun 20201,08011,62634.901.69$57,344
May 202055012,60716.921.81$32,185
Apr 20201,06513,75314.751.80$40,524
Mar 20201,09014,96230.341.86$60,844
Feb 202084914,25749.881.98$70,587
Jan 202091413,46457.252.09$80,530
Dec 20191,46616,97959.012.30$125,634
Nov 201983820,22755.302.75$101,980
Oct 20191,04015,74753.472.42$93,694
Sep 20191,83018,92755.052.66$151,036
Aug 20191,28626,35753.112.30$129,035
Jul 20194786,24656.272.46$42,263
Jun 20191,25613,88252.782.49$100,875
May 20191,34222,71958.482.74$140,737
Apr 20191,33123,39462.632.75$147,710
Mar 20191,23626,76156.803.06$152,150
Feb 20191,43724,54350.852.79$141,601
Jan 20191,57525,99546.033.23$156,414
Dec 20181,76333,64846.594.19$222,970
Nov 20182,04834,97852.934.24$256,611
Oct 20182,12634,47461.443.40$247,767
Sep 20182,09731,60359.543.11$223,078
Aug 20182,97134,26659.403.07$281,556
Jul 20183,45141,74165.142.93$347,178
Jun 20182,42445,22660.183.08$285,033
May 20182,41735,82665.382.90$261,948
Apr 20183,61637,50963.842.90$339,652
Mar 20183,56151,71561.222.79$362,126
Feb 20183,93156,78361.782.77$399,926
Jan 20185,00065,78862.874.01$578,115
Dec 20177,23289,20357.272.92$674,785
Nov 201710,674103,40755.423.12$914,013
Oct 201712,615134,19449.292.98$1,022,185
Sep 20178,726106,89747.523.09$744,680
Aug 201710,021113,29845.373.00$795,045
Jul 20174418,91643.873.09$46,873
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017733046.772.98$34,282
Feb 201793820,47250.452.95$107,768
Jan 20170049.413.42$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.

May 2026 — as filed, then multipliedworked
Condensate           326 bbl  × $106.41 =    $34,690
Gas                4,514 Mcf  × $  3.05 =    $13,749

────────────────────────────────────────────────────
Month total                                  $48,439

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/282333 is the state's own key, not one this site invented.