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 288109District 01Field 39744500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.4 M
Aug 2019 – May 2026
Value, last 12 filed months
$757 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-1112020-05-20226678

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
CondensateDisposition54,251 bbl$3,340,558
GasProduction3,219,754 Mcf$10,026,185
Total$13,366,743

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 28.2841, -98.8504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.28410, -98.85041 · 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
11,334 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 11,334 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-28336589J 6H11,334 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 2026015,086106.413.05$45,950
Apr 2026015,57198.932.87$44,684
Mar 20263821,30689.753.15$70,512
Feb 20261315,85763.503.75$60,294
Jan 202620930,56359.138.00$256,799
Dec 20250056.664.41$0
Nov 20251492558.593.93$8,828
Oct 20251277,59359.383.30$32,635
Sep 2025332,54262.743.08$9,892
Aug 202512715,72663.933.01$55,529
Jul 202528817,95166.743.32$78,732
Jun 202546319,79866.483.13$92,723
May 20253416,44160.553.23$55,201
Apr 2025012,26462.363.54$43,453
Mar 202504,14067.704.27$17,671
Feb 202511,39770.884.34$6,135
Jan 2025312,92874.324.28$55,538
Dec 20243724,40168.993.12$78,717
Nov 2024239469.052.20$1,795
Oct 202417215,65471.372.28$47,989
Sep 20241016,91069.612.36$40,677
Aug 202410116,61475.632.06$41,924
Jul 202417014,97979.932.15$45,742
Jun 202413811,97878.082.63$42,325
May 202419617,75778.812.20$54,484
Apr 202413610,22684.451.66$28,452
Mar 202424714,39680.301.55$42,078
Feb 202421116,40876.091.78$45,321
Jan 202428819,97573.023.30$86,901
Dec 202323120,25171.262.61$69,331
Nov 202324518,46377.892.81$70,919
Oct 202319818,77985.443.09$74,893
Sep 202324519,24289.042.74$74,442
Aug 202329919,90380.522.67$77,274
Jul 202329921,41874.852.64$78,962
Jun 202348422,60968.962.26$84,439
May 202350723,08570.622.23$87,224
Apr 202343522,51678.122.24$84,368
Mar 2023024,15972.852.39$57,816
Feb 202348322,28275.112.47$91,218
Jan 202346725,04276.533.39$120,575
Dec 202244324,87076.415.73$176,332
Nov 2022025,05485.005.65$141,460
Oct 202262225,92487.185.86$206,238
Sep 202242825,23984.888.16$242,372
Aug 202268927,60594.529.13$317,080
Jul 202276928,413101.587.54$292,408
Jun 202297628,436115.097.98$339,168
May 20221,11130,508109.378.43$378,785
Apr 20222,35531,709104.226.84$462,252
Mar 2022033,483108.885.08$169,973
Feb 202291528,71491.054.86$222,827
Jan 202278532,77781.844.54$212,976
Dec 202190635,77271.323.90$204,095
Nov 2021034,44677.435.24$180,389
Oct 202166737,31879.795.71$266,450
Sep 202177736,23569.865.35$248,172
Aug 202151036,44466.024.22$187,485
Jul 202194637,32070.783.98$215,569
Jun 202146838,09769.493.38$161,313
May 202146541,80263.483.02$155,663
Apr 202149740,06860.362.76$140,523
Mar 202153944,79961.302.72$154,757
Feb 202149935,37557.805.55$225,101
Jan 20211,03851,86850.412.81$198,089
Dec 202052354,80744.642.68$169,981
Nov 202055955,51338.772.71$171,922
Oct 20201,16260,52936.972.48$192,976
Sep 202060362,16837.091.99$146,144
Aug 20201,35568,78139.982.39$218,222
Jul 202074673,78438.371.83$163,289
Jun 20201,71676,67134.901.69$189,486
May 202093688,71416.921.81$176,831
Apr 20201,60499,44614.751.80$203,097
Mar 20201,51998,65230.341.86$229,207
Feb 20201,961110,25049.881.98$316,184
Jan 20202,275150,42957.252.09$445,353
Dec 20193,808167,20659.012.30$610,013
Nov 20192,684168,07355.302.75$610,744
Oct 20194,055167,38253.472.42$621,641
Sep 20194,255162,40855.052.66$665,801
Aug 201997896,33653.112.30$273,934

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               15,086 Mcf  × $  3.05 =    $45,950

────────────────────────────────────────────────────
Month total                                  $45,950

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/288109 is the state's own key, not one this site invented.