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 288108District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.5 M
Aug 2019 – May 2026
Value, last 12 filed months
$203 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-1112020-05-20226677

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
CondensateDisposition39,231 bbl$2,182,061
GasProduction2,485,452 Mcf$7,329,537
Total$9,511,599

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, -98.8518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28431, -98.85178 · 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
11,332 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 11,332 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-28336588J 5H11,332 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 202604,141106.413.05$12,613
Apr 2026086098.932.87$2,468
Mar 202641,51189.753.15$5,118
Feb 2026315,22963.503.75$21,579
Jan 2026393,20859.138.00$27,963
Dec 20250056.664.41$0
Nov 202521058.593.93$156
Oct 2025166159.383.30$2,244
Sep 2025381,61262.743.08$7,344
Aug 202513710,17063.933.01$39,419
Jul 20259810,34466.743.32$40,833
Jun 20252513,27166.483.13$43,183
May 2025819,40560.553.23$35,305
Apr 202515,71062.363.54$20,294
Mar 202518,11267.704.27$34,692
Feb 202505,35070.884.34$23,223
Jan 2025014,38274.324.28$61,536
Dec 2024015,80268.993.12$49,324
Nov 20240069.052.20$0
Oct 202441,86271.372.28$4,533
Sep 202407,84369.612.36$18,544
Aug 202417,94475.632.06$16,469
Jul 2024288,51779.932.15$20,521
Jun 2024806,87078.082.63$24,342
May 202428611,52478.812.20$47,874
Apr 202424811,66084.451.66$40,290
Mar 202425211,67880.301.55$38,280
Feb 202420111,42376.091.78$35,669
Jan 202424312,44973.023.30$58,796
Dec 202322413,07971.262.61$50,108
Nov 202326714,79077.892.81$62,320
Oct 202317514,47585.443.09$59,640
Sep 202338515,04089.042.74$75,415
Aug 202340418,56380.522.67$82,147
Jul 202318710,34374.852.64$41,321
Jun 20232199,94368.962.26$37,558
May 20232218,99070.622.23$35,631
Apr 202320210,66378.122.24$39,641
Mar 202309,83472.852.39$23,534
Feb 202321010,10975.112.47$40,699
Jan 20233248,68276.533.39$54,208
Dec 202244611,15276.415.73$97,970
Nov 2022017,06985.005.65$96,375
Oct 202228118,43487.185.86$132,590
Sep 202219320,50684.888.16$183,786
Aug 202218812,24094.529.13$129,486
Jul 202223814,899101.587.54$136,545
Jun 202225515,548115.097.98$153,377
May 202221420,542109.378.43$196,637
Apr 202215221,219104.226.84$160,928
Mar 2022022,613108.885.08$114,793
Feb 202211020,29391.054.86$108,616
Jan 202224422,02381.844.54$119,902
Dec 202129823,67671.323.90$113,569
Nov 2021022,46577.435.24$117,646
Oct 202131124,55979.795.71$165,142
Sep 202132525,55469.865.35$159,442
Aug 202131424,78966.024.22$125,354
Jul 202164627,09170.783.98$153,602
Jun 202132827,78769.493.38$116,730
May 202133530,49563.483.02$113,290
Apr 202136229,99860.362.76$104,597
Mar 202139435,14961.302.72$119,650
Feb 202138727,87657.805.55$177,023
Jan 202182037,70150.412.81$147,286
Dec 202041440,16044.642.68$125,927
Nov 202044640,80438.772.71$127,730
Oct 202088544,67236.972.48$143,435
Sep 202045246,60737.091.99$109,561
Aug 20201,03652,58239.982.39$166,833
Jul 202057957,59138.371.83$127,327
Jun 20201,34861,07034.901.69$150,272
May 202074870,86316.921.81$141,255
Apr 20201,36679,59414.751.80$163,766
Mar 20201,38286,32930.341.86$202,176
Feb 20201,60493,23849.881.98$264,681
Jan 20201,871126,86457.252.09$372,862
Dec 20193,168149,71759.012.30$531,946
Nov 20192,455169,72355.302.75$602,619
Oct 20194,309181,34553.472.42$668,992
Sep 20194,724184,19855.052.66$749,522
Aug 2019984100,35853.112.30$283,521

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                4,141 Mcf  × $  3.05 =    $12,613

────────────────────────────────────────────────────
Month total                                  $12,613

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/288108 is the state's own key, not one this site invented.