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 282414District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.2 M
Feb 2017 – May 2026
Value, last 12 filed months
$22
at the published price for each month
Months reported
112
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 Gas112018-11-28222987
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
CondensateDisposition66,699 bbl$3,673,530
GasProduction2,985,332 Mcf$9,537,501
Total$13,211,032

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 28.2840, -98.8657. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28404, -98.86572 · 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
11,417 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 11,417 ft.

Completions filed
Feb 2017
1 of 1 wells

1 well

42-28335622D 2H11,417 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 20260098.932.87$0
Mar 20260089.753.15$0
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 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250766.483.13$22
May 202501260.553.23$39
Apr 202501462.363.54$50
Mar 202507467.704.27$316
Feb 20250070.884.34$0
Jan 202527,31174.324.28$31,430
Dec 20242211,64868.993.12$37,876
Nov 20240069.052.20$0
Oct 202415,06771.372.28$11,631
Sep 2024203,91869.612.36$10,656
Aug 20247310,21475.632.06$26,599
Jul 20247811,39279.932.15$30,688
Jun 2024926,63578.082.63$24,660
May 20241169,83278.812.20$30,757
Apr 20241189,66984.451.66$26,008
Mar 202415211,29780.301.55$29,661
Feb 20248310,08276.091.78$24,298
Jan 20248510,03873.023.30$39,309
Dec 2023958,85371.262.61$29,882
Nov 20231339,34277.892.81$36,588
Oct 202312611,43785.443.09$46,075
Sep 202317311,78989.042.74$47,647
Aug 202321312,50080.522.67$50,562
Jul 202320511,68574.852.64$46,214
Jun 202333312,74668.962.26$51,750
May 202327913,32970.622.23$49,392
Apr 202324313,16378.122.24$48,439
Mar 2023013,37972.852.39$32,018
Feb 202324610,94275.112.47$45,457
Jan 202326212,83976.533.39$63,546
Dec 202223913,37876.415.73$94,906
Nov 2022013,32085.005.65$75,207
Oct 202218613,55487.185.86$95,693
Sep 202218711,49584.888.16$109,714
Aug 202221711,46894.529.13$125,181
Jul 202227412,489101.587.54$122,026
Jun 202226414,932115.097.98$149,499
May 202225315,881109.378.43$161,596
Apr 202254215,331104.226.84$161,314
Mar 2022016,574108.885.08$84,136
Feb 202224114,83491.054.86$94,019
Jan 202222415,95881.844.54$90,744
Dec 202124817,31571.323.90$85,201
Nov 2021016,40877.435.24$85,926
Oct 202124217,70479.795.71$120,468
Sep 202127315,86169.865.35$103,943
Aug 202126218,34366.024.22$94,716
Jul 202149117,53770.783.98$104,587
Jun 202123917,48769.493.38$75,725
May 202123018,83063.483.02$71,423
Apr 202124317,60360.362.76$63,224
Mar 202127117,95761.302.72$65,400
Feb 202124215,03857.805.55$97,418
Jan 202145319,75150.412.81$78,341
Dec 202024518,12844.642.68$59,438
Nov 202024920,58638.772.71$65,371
Oct 202048122,12736.972.48$72,623
Sep 202023722,42337.091.99$53,435
Aug 202051524,41239.982.39$78,815
Jul 202025726,07838.371.83$57,457
Jun 202051822,13934.901.69$55,500
May 202025324,50616.921.81$48,753
Apr 202048924,89814.751.80$52,138
Mar 202049327,12230.341.86$65,302
Feb 202045426,47749.881.98$75,088
Jan 202037930,55057.252.09$85,692
Dec 201954625,52459.012.30$91,036
Nov 201937228,47655.302.75$98,901
Oct 201952230,54453.472.42$101,783
Sep 201971030,47255.052.66$120,058
Aug 201985732,71753.112.30$120,907
Jul 201920136,27256.272.46$100,542
Jun 201946623,04052.782.49$81,993
May 201951236,83658.482.74$130,884
Apr 201948834,79762.632.75$126,280
Mar 201944437,48856.803.06$140,011
Feb 201966336,55850.852.79$135,792
Jan 201971243,61946.033.23$173,583
Dec 201871747,89546.594.19$233,867
Nov 201888747,87552.934.24$249,807
Oct 20181,00751,73261.443.40$237,660
Sep 20181,05753,49959.543.11$229,209
Aug 20181,33040,91759.403.07$204,476
Jul 20181,38846,02665.142.93$225,357
Jun 20181,04547,51360.183.08$209,082
May 20181,17958,07565.382.90$245,547
Apr 20181,56845,96063.842.90$233,422
Mar 20181,52361,49061.222.79$264,601
Feb 20181,65363,39061.782.77$277,467
Jan 20182,13578,19062.874.01$447,716
Dec 20172,51986,23457.272.92$396,197
Nov 20173,23593,76955.423.12$471,689
Oct 20173,583106,44049.292.98$494,189
Sep 20172,48197,92347.523.09$420,213
Aug 20173,87582,65245.373.00$424,128
Jul 20171,794128,53643.873.09$475,529
Jun 20171,81010,65142.493.09$109,790
May 20173,938136,38345.373.26$623,739
Apr 20174,452144,66347.933.21$677,984
Mar 20172,980104,75046.772.98$451,915
Feb 201750936,71850.452.95$134,093

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.

Jun 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.48 =         $0
Gas                    7 Mcf  × $  3.13 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/282414 is the state's own key, not one this site invented.