LIGHT RANCH

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 291980District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Apr 2013 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
158
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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-1112025-04-16236203

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
CondensateDisposition86,266 bbl$6,137,093
GasProduction330,414 Mcf$1,185,342
Total$7,322,435

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 28.3563, -99.5268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35628, -99.52683 · 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
7,967 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 7,967 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-1273525267,967 ftJun 2017

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 (158)

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

158 months

May 2026700106.413.05$7,449
Apr 202630098.932.87$2,968
Mar 202641089.753.15$3,680
Feb 2026341,96463.503.75$9,525
Jan 202622426059.138.00$15,325
Dec 2025425856.664.41$2,636
Nov 20256532658.593.93$5,088
Oct 20252421759.383.30$2,142
Sep 20252027762.743.08$2,107
Aug 20252416863.933.01$2,041
Jul 202511717366.743.32$8,382
Jun 20252027266.483.13$2,181
May 20253714360.553.23$2,703
Apr 202514818762.363.54$9,892
Mar 2025516567.704.27$3,730
Feb 20252137270.884.34$15,410
Jan 20251443474.324.28$10,848
Dec 20241669868.993.12$11,758
Nov 20241448569.052.20$10,130
Oct 20241078871.372.28$7,837
Sep 2024958469.612.36$6,812
Aug 20241488075.632.06$11,358
Jul 2024895279.932.15$7,225
Jun 2024404078.082.63$3,229
May 20249052378.812.20$8,243
Apr 20244191384.451.66$4,977
Mar 2024162480.301.55$1,322
Feb 2024131976.091.78$1,023
Jan 2024724973.023.30$1,332
Dec 2023611,07271.262.61$7,146
Nov 202311667577.892.81$10,930
Oct 20239434085.443.09$9,081
Sep 2023352,04889.042.74$8,718
Aug 2023441,59180.522.67$7,795
Jul 2023261,61174.852.64$6,202
Jun 2023171,54768.962.26$4,666
May 2023152,07370.622.23$5,677
Apr 2023222,74878.122.24$7,868
Mar 2023142,91572.852.39$7,996
Feb 2023211,91775.112.47$6,304
Jan 20231461,16576.533.39$15,120
Dec 20222,689076.415.73$205,466
Nov 2022211,13485.005.65$8,188
Oct 2022861,93587.185.86$18,844
Sep 20222711,23684.888.16$33,093
Aug 20222101,84194.529.13$36,652
Jul 2022951,040101.587.54$17,494
Jun 2022250115.097.98$2,877
May 20221061,137109.378.43$21,182
Apr 20221122,359104.226.84$27,803
Mar 20221152,054108.885.08$22,948
Feb 202219990891.054.86$22,531
Jan 2022230081.844.54$18,823
Dec 2021177071.323.90$12,624
Nov 202117748877.435.24$16,261
Oct 20212101,50479.795.71$25,350
Sep 20212491,53969.865.35$25,630
Aug 20212921,65666.024.22$26,267
Jul 20212531,56970.783.98$24,155
Jun 20211991,58169.493.38$19,173
May 20212371,54363.483.02$19,701
Apr 202125180660.362.76$17,374
Mar 20212361,20161.302.72$17,730
Feb 202120618057.805.55$12,905
Jan 20212801,34350.412.81$17,889
Dec 20202951,42744.642.68$16,987
Nov 20203032,39938.772.71$18,240
Oct 20203321,75036.972.48$16,611
Sep 20202792,72337.091.99$15,770
Aug 20205241,84039.982.39$25,338
Jul 20204361,60738.371.83$19,662
Jun 202026168434.901.69$10,265
May 20200016.921.81$0
Apr 20204913514.751.80$966
Mar 20202831,32530.341.86$11,046
Feb 20203931,20749.881.98$21,994
Jan 20205821,11557.252.09$35,655
Dec 201945738259.012.30$27,848
Nov 2019831,02055.302.75$7,396
Oct 2019852,03353.472.42$9,462
Sep 20194351,87855.052.66$28,937
Aug 20194091,68553.112.30$25,605
Jul 20193721,77556.272.46$25,299
Jun 20198331,58852.782.49$47,922
May 2019155258.482.74$1,020
Apr 201924445162.632.75$16,522
Mar 20195056.803.06$284
Feb 201917850.852.79$269
Jan 2019632746.033.23$2,987
Dec 20180046.594.19$0
Nov 20187852.934.24$404
Oct 20183552,50161.443.40$30,310
Sep 20184212,33859.543.11$32,333
Aug 20184315,90359.403.07$43,703
Jul 20187121,38665.142.93$50,443
Jun 20189562,24960.183.08$64,452
May 20186621,28165.382.90$46,997
Apr 20182131,46463.842.90$17,845
Mar 201853951461.222.79$34,430
Feb 20187612661.782.77$47,087
Jan 2018645062.874.01$40,551
Dec 2017455057.272.92$26,058
Nov 2017696055.423.12$38,572
Oct 20179081,39549.292.98$48,918
Sep 20171,14889547.523.09$57,316
Aug 2017665045.373.00$30,171
Jul 2017195043.873.09$8,555
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201722050.452.95$1,110
Jan 20172804349.413.42$13,982
Dec 20165683,50048.763.72$40,726
Nov 20162862,57042.492.64$18,948
Oct 20164713,14546.193.09$31,474
Sep 20165242,77241.553.10$30,367
Aug 20162952,57041.442.92$19,740
Jul 20167793,24741.622.92$41,917
Jun 20168782,76745.352.69$47,249
May 20161,3652,66342.521.99$63,342
Apr 20161,2233,31336.561.99$51,309
Mar 20161,2863,08833.011.79$47,991
Feb 20161,5363,17626.472.06$47,212
Jan 20161,2733,26027.352.36$42,524
Dec 20158783,43032.362.00$35,277
Nov 20151,1193,12238.792.17$50,172
Oct 20156683,28843.552.43$37,070
Sep 20158013,33142.992.76$43,623
Aug 20158383,24440.162.87$42,972
Jul 20156843,74548.152.95$43,964
Jun 20157915,45456.152.88$60,138
May 20151,3976,60855.212.96$96,658
Apr 20159695,10649.822.71$62,095
Mar 20157353,85342.892.93$42,832
Feb 20153843,94444.662.98$28,888
Jan 20151873,98743.433.10$20,484
Dec 20141,8793,61454.693.59$115,742
Nov 20148704,57370.464.25$80,744
Oct 20148854,07778.303.90$85,200
Sep 20141,0134,74186.164.05$106,460
Aug 20141,2115,11689.394.04$128,895
Jul 20148825,41896.564.18$107,811
Jun 20148837,19698.164.74$120,762
May 20141,1288,79694.734.73$148,430
Apr 20141,1619,40195.944.81$156,597
Mar 20143013,47395.895.06$46,425
Feb 20148305,05897.406.19$112,161
Jan 20141,4356,74790.404.86$162,519
Dec 20131,1739,59791.824.35$149,495
Nov 20131,4578,96188.853.74$162,953
Oct 20132,82511,33297.423.78$318,039
Sep 20131,8937,543104.113.72$225,123
Aug 20132,3236,696104.253.52$265,760
Jul 20132,8857,486102.523.72$323,601
Jun 20134,1298,68794.403.93$423,947
May 20135,4709,34194.834.15$557,477
Apr 20135,0916,96793.964.28$508,187

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            70 bbl  × $106.41 =     $7,449
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $7,449

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/291980 is the state's own key, not one this site invented.