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 285388District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Jul 2018 – May 2026
Value, last 12 filed months
$188 k
at the published price for each month
Months reported
95
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
NGPA1none
ST-1112020-08-06227572

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
CondensateDisposition91,217 bbl$5,217,501
GasProduction1,707,121 Mcf$5,681,286
Total$10,898,787

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 28.3022, -98.8338. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30217, -98.83384 · 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
11,353 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 11,353 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-28336191F 7H11,353 ftSep 2018

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 (95)

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

95 months

May 202604106.413.05$12
Apr 202603198.932.87$89
Mar 20261373589.753.15$3,482
Feb 20261778963.503.75$4,039
Jan 2026181,04559.138.00$9,422
Dec 20250156.664.41$4
Nov 20254132458.593.93$3,674
Oct 20251021,36459.383.30$10,565
Sep 20252543,16162.743.08$25,662
Aug 20253986,25363.933.01$44,295
Jul 20254105,02166.743.32$44,009
Jun 20253705,76866.483.13$42,644
May 2025831,49460.553.23$9,855
Apr 20252645,36762.363.54$35,479
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20242071.372.28$143
Sep 20241069.612.36$70
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202303580.522.67$94
Jul 20230074.852.64$0
Jun 202372068.962.26$4,965
May 2023497070.622.23$35,098
Apr 20234768,07878.122.24$55,262
Mar 202308,93672.852.39$21,385
Feb 20234658,18375.112.47$55,103
Jan 20234858,86876.533.39$67,159
Dec 20224519,02776.415.73$86,177
Nov 202208,97585.005.65$50,675
Oct 20224069,54787.185.86$91,376
Sep 20224319,16584.888.16$111,403
Aug 20224689,57394.529.13$131,610
Jul 202246510,312101.587.54$125,009
Jun 202247810,114115.097.98$135,694
May 202247311,017109.378.43$144,639
Apr 20221,00211,194104.226.84$180,969
Mar 2022011,520108.885.08$58,480
Feb 20224869,83991.054.86$92,056
Jan 202244411,43581.844.54$88,225
Dec 202147912,03571.323.90$81,088
Nov 2021011,32477.435.24$59,302
Oct 202149812,66879.795.71$112,119
Sep 202148112,75069.865.35$101,827
Aug 202149011,42866.024.22$80,583
Jul 20211,02912,95270.783.98$124,409
Jun 202151013,47069.493.38$80,977
May 202148615,51563.483.02$77,670
Apr 202150814,21760.362.76$69,879
Mar 202162815,81461.302.72$81,462
Feb 202158314,22157.805.55$112,595
Jan 20211,16816,45550.412.81$105,122
Dec 202057617,00444.642.68$71,206
Nov 202058417,12338.772.71$68,986
Oct 20201,14918,27836.972.48$87,779
Sep 202057218,38437.091.99$57,819
Aug 20201,18820,09039.982.39$95,413
Jul 202059921,70538.371.83$62,598
Jun 20201,21620,01134.901.69$76,263
May 202060021,84616.921.81$49,797
Apr 20201,19521,33414.751.80$56,121
Mar 20201,19923,44930.341.86$79,904
Feb 20201,12122,60849.881.98$100,694
Jan 20201,04225,26557.252.09$112,578
Dec 20191,48825,72559.012.30$147,087
Nov 201997126,64455.302.75$126,986
Oct 20191,44231,07153.472.42$152,250
Sep 20192,08532,51055.052.66$201,167
Aug 20192,70535,81853.112.30$226,200
Jul 201997939,03256.272.46$151,109
Jun 20191,92941,18352.782.49$204,408
May 20192,17950,25258.482.74$265,134
Apr 20191,97158,49762.632.75$284,351
Mar 20191,70740,20156.803.06$220,057
Feb 20193,19045,24550.852.79$288,545
Jan 20193,86472,80446.033.23$412,884
Dec 20184,34294,10746.594.19$596,173
Nov 20186,638115,65052.934.24$841,386
Oct 20188,576125,34061.443.40$952,825
Sep 20189,510117,05059.543.11$930,017
Aug 20189,968146,29559.403.07$1,040,722
Jul 201870012,57665.142.93$82,469

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             0 bbl  × $106.41 =         $0
Gas                    4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/285388 is the state's own key, not one this site invented.