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 288107District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Aug 2019 – May 2026
Value, last 12 filed months
$176 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-1112020-05-20226676

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
CondensateDisposition36,578 bbl$2,219,686
GasProduction2,594,782 Mcf$7,768,281
Total$9,987,968

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 28.2843, -98.8534. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28429, -98.85344 · 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
11,354 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 11,354 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-28336587J 4H11,354 ftMar 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 2026098106.413.05$298
Apr 2026010698.932.87$304
Mar 202607289.753.15$227
Feb 20261963.503.75$97
Jan 2026561259.138.00$3,407
Dec 20250056.664.41$0
Nov 20251204558.593.93$7,207
Oct 2025977,14759.383.30$29,380
Sep 2025331,64462.743.08$7,129
Aug 202511311,43463.933.01$41,695
Jul 20257011,93966.743.32$44,252
Jun 20253712,66566.483.13$42,085
May 2025849,13060.553.23$34,597
Apr 2025657,82662.363.54$31,782
Mar 20252110,03267.704.27$44,241
Feb 2025214,76370.884.34$22,164
Jan 202515815,22874.324.28$76,898
Dec 202420917,36568.993.12$68,622
Nov 202426069.052.20$1,795
Oct 20242369,33971.372.28$38,149
Sep 2024911,96969.612.36$28,926
Aug 202410913,66675.632.06$36,445
Jul 202413915,10179.932.15$43,526
Jun 20241249,39878.082.63$34,436
May 202414814,43178.812.20$43,390
Apr 202415013,34084.451.66$34,801
Mar 202418811,98880.301.55$33,619
Feb 202415614,26576.091.78$37,314
Jan 202416713,15873.023.30$55,585
Dec 202314910,43271.262.61$37,853
Nov 202319713,17877.892.81$52,342
Oct 202316815,05885.443.09$60,842
Sep 202325713,69489.042.74$60,337
Aug 202327314,21480.522.67$59,974
Jul 202325415,21574.852.64$59,207
Jun 202331415,98268.962.26$57,748
May 202330216,93670.622.23$59,050
Apr 202327316,54378.122.24$58,346
Mar 2023017,41072.852.39$41,665
Feb 202330916,20475.112.47$63,163
Jan 202330118,64876.533.39$86,210
Dec 202230717,66176.415.73$124,639
Nov 2022018,73085.005.65$105,753
Oct 202225719,99187.185.86$139,628
Sep 202227018,41484.888.16$173,244
Aug 202226319,71494.529.13$204,792
Jul 202216421,596101.587.54$179,538
Jun 202257920,195115.097.98$227,737
May 202262423,066109.378.43$262,763
Apr 20221,01223,935104.226.84$269,129
Mar 2022024,891108.885.08$126,357
Feb 202251822,19691.054.86$155,011
Jan 202231724,22181.844.54$135,850
Dec 202125125,18971.323.90$116,116
Nov 2021026,21177.435.24$137,263
Oct 202127128,06179.795.71$181,960
Sep 202128227,10569.865.35$164,737
Aug 202133829,64466.024.22$147,430
Jul 202166130,85870.783.98$169,665
Jun 202132431,71369.493.38$129,724
May 202131335,12263.483.02$125,856
Apr 202127636,58260.362.76$117,568
Mar 202127638,60261.302.72$121,798
Feb 202137517,06657.805.55$116,356
Jan 202176741,66250.412.81$155,746
Dec 202037644,68644.642.68$136,340
Nov 202038744,15038.772.71$134,499
Oct 202078849,11836.972.48$150,868
Sep 202040250,58737.091.99$115,631
Aug 202091055,18739.982.39$168,008
Jul 202051061,33038.371.83$131,503
Jun 202032162,17434.901.69$116,296
May 2020270,53716.921.81$128,041
Apr 202096277,99714.751.80$154,926
Mar 202094380,45830.341.86$177,959
Feb 20201,484100,84849.881.98$273,769
Jan 20201,706123,42857.252.09$356,218
Dec 20193,071145,97859.012.30$517,606
Nov 20192,389163,40855.302.75$581,598
Oct 20193,912162,46753.472.42$602,108
Sep 20193,982172,88555.052.66$678,613
Aug 201965487,43553.112.30$236,216

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                   98 Mcf  × $  3.05 =       $298

────────────────────────────────────────────────────
Month total                                     $298

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/288107 is the state's own key, not one this site invented.