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 288106District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Aug 2019 – May 2026
Value, last 12 filed months
$412 k
at the published price for each month
Months reported
82
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-1112020-05-20226675

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
CondensateDisposition25,973 bbl$1,578,385
GasProduction1,962,858 Mcf$5,974,604
Total$7,552,989

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 28.2842, -98.8550. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28419, -98.85500 · 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
11,336 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 11,336 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-28336584J 3H11,336 ftFeb 2020

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 (82)

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

82 months

May 202609,980106.413.05$30,397
Apr 2026111,30798.932.87$32,547
Mar 2026212,85889.753.15$40,675
Feb 20261813,72463.503.75$52,612
Jan 20269213,47559.138.00$113,212
Dec 20250056.664.41$0
Nov 202577158.593.93$4,515
Oct 20256510,06159.383.30$37,110
Sep 2025265,35862.743.08$18,117
Aug 20254111,44063.933.01$37,110
Jul 2025343,26966.743.32$13,107
Jun 2025679,07366.483.13$32,841
May 20255510,63560.553.23$37,706
Apr 202509,96862.363.54$35,318
Mar 202513,32167.704.27$14,243
Feb 202504,71570.884.34$20,467
Jan 202509,61374.324.28$41,131
Dec 2024013,73168.993.12$42,860
Nov 20240069.052.20$0
Oct 202403,87071.372.28$8,829
Sep 202405,88569.612.36$13,914
Aug 2024237,51975.632.06$17,256
Jul 20241497,51379.932.15$28,037
Jun 20241429,11078.082.63$35,083
May 202415510,28478.812.20$34,824
Apr 20241439,90984.451.66$28,517
Mar 20242439,71280.301.55$34,519
Feb 202420810,38976.091.78$34,357
Jan 202418711,56573.023.30$51,792
Dec 202310911,67471.262.61$38,245
Nov 202312011,02177.892.81$40,289
Oct 202310611,98585.443.09$46,058
Sep 202313011,27589.042.74$42,413
Aug 202315810,30880.522.67$40,274
Jul 202316011,33274.852.64$41,913
Jun 202323510,32068.962.26$39,513
May 202323112,56270.622.23$44,294
Apr 202324511,05978.122.24$43,887
Mar 2023012,52072.852.39$29,962
Feb 20232889,22975.112.47$44,387
Jan 202341612,43476.533.39$73,959
Dec 202241612,74276.415.73$104,787
Nov 2022013,55985.005.65$76,557
Oct 202237013,96187.185.86$114,121
Sep 202219213,37884.888.16$125,511
Aug 202228513,79494.529.13$152,838
Jul 202224314,167101.587.54$131,533
Jun 202226414,627115.097.98$147,066
May 202232415,978109.378.43$170,179
Apr 202237216,949104.226.84$154,660
Mar 2022016,605108.885.08$84,294
Feb 202218415,02191.054.86$89,738
Jan 202216816,46681.844.54$88,467
Dec 202119417,38271.323.90$81,611
Nov 2021017,68277.435.24$92,598
Oct 202118019,54079.795.71$126,011
Sep 202116719,95569.865.35$118,444
Aug 202118920,12566.024.22$97,417
Jul 202139821,32970.783.98$113,104
Jun 202119420,09069.493.38$81,398
May 202118022,18663.483.02$78,376
Apr 202118322,36360.362.76$72,732
Mar 202120627,06561.302.72$86,162
Feb 202119620,99757.805.55$127,819
Jan 202141327,95050.412.81$99,366
Dec 202020229,11944.642.68$86,924
Nov 202020429,20738.772.71$86,960
Oct 202039131,93536.972.48$93,604
Sep 202021432,80337.091.99$73,249
Aug 202049036,61339.982.39$106,916
Jul 202025639,02438.371.83$81,046
Jun 202017040,43734.901.69$74,284
May 2020244,93816.921.81$81,585
Apr 202046250,63714.751.80$98,183
Mar 202058755,87530.341.86$121,526
Feb 202088045,09149.881.98$133,205
Jan 20201,05079,25657.252.09$226,133
Dec 20191,875100,25959.012.30$341,677
Nov 20191,530130,70955.302.75$444,150
Oct 20192,992143,01453.472.42$505,867
Sep 20194,283162,23455.052.66$666,880
Aug 20191,140103,79253.112.30$299,720

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                9,980 Mcf  × $  3.05 =    $30,397

────────────────────────────────────────────────────
Month total                                  $30,397

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/288106 is the state's own key, not one this site invented.