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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 291981District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.8 M
Jul 2014 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
143
no gaps in the span
Streams
2
condensate, gas

The BRISCOE RANCH (EAGLEFORD) field

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-1112025-04-16236204

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
CondensateDisposition385,579 bbl$23,052,019
GasProduction2,007,347 Mcf$6,723,409
Total$29,775,429

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 28.3764, -99.5213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37638, -99.52128 · 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
7,837 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 7,837 ft.

Completions filed
Jul 2014
1 of 1 wells

1 well

42-1273597197,837 ftJul 2014——

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 (143)

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

143 months

May 20261,04910,197106.413.05$142,683
Apr 20269938,09598.932.87$121,468
Mar 20261,0679,34489.753.15$125,192
Feb 20267056,67463.503.75$69,797
Jan 20268576,26759.138.00$100,797
Dec 20258126,42156.664.41$74,346
Nov 20252756,34158.593.93$41,010
Oct 20257936,57559.383.30$68,818
Sep 20251,0658,34362.743.08$92,489
Aug 20251,1179,47063.933.01$99,960
Jul 20251,0419,16166.743.32$99,847
Jun 20251,0149,06166.483.13$95,760
May 20251,22210,18160.553.23$106,900
Apr 20251,1379,88762.363.54$105,934
Mar 20257557,98867.704.27$85,209
Feb 202584710,60270.884.34$106,057
Jan 202580410,05574.324.28$102,775
Dec 20241,21211,27268.993.12$118,800
Nov 20249249,29569.052.20$84,237
Oct 20248058,40471.372.28$76,626
Sep 20243383,41969.612.36$31,612
Aug 20245106,34975.632.06$51,673
Jul 202498912,87479.932.15$106,686
Jun 202498913,15478.082.63$111,868
May 20241,09513,96978.812.20$117,007
Apr 20241,09813,36884.451.66$114,906
Mar 20241,12913,29280.301.55$111,197
Feb 202495012,20276.091.78$94,049
Jan 20241,15315,16273.023.30$134,191
Dec 20231,12814,35271.262.61$117,850
Nov 20231,28714,98777.892.81$142,321
Oct 20231,41815,95385.443.09$170,405
Sep 20231,41116,46389.042.74$170,662
Aug 20231,34215,57480.522.67$149,685
Jul 20231,27015,76474.852.64$136,705
Jun 20231,34615,28868.962.26$127,348
May 20231,44516,33570.622.23$138,430
Apr 20231,32815,22878.122.24$137,820
Mar 20231,56316,96072.852.39$154,453
Feb 20231,43815,34775.112.47$145,849
Jan 20231,13517,07576.533.39$144,707
Dec 20221,32316,88576.415.73$197,826
Nov 20221,34116,46285.005.65$206,933
Oct 20221,40916,75687.185.86$221,090
Sep 202201,13184.888.16$9,233
Aug 20221,69118,87494.529.13$332,099
Jul 20221,20618,908101.587.54$265,111
Jun 202201,371115.097.98$10,937
May 20221,92021,918109.378.43$394,826
Apr 20221,88221,222104.226.84$341,250
Mar 20221,93421,747108.885.08$320,970
Feb 20222,07319,54691.054.86$283,718
Jan 20222,57620,23981.844.54$302,658
Dec 20212,05220,98871.323.90$228,183
Nov 20212,12420,15377.435.24$270,000
Oct 20212,14920,31479.795.71$287,540
Sep 20212,25819,28469.865.35$260,931
Aug 20212,18318,89966.024.22$223,887
Jul 20212,18718,77270.783.98$229,547
Jun 20212,31518,68469.493.38$224,033
May 20211,99018,10763.483.02$180,966
Apr 20212,14213,61560.362.76$166,847
Mar 20212,27919,24661.302.72$191,993
Feb 20212,01320,01157.805.55$227,371
Jan 20212,96423,33750.412.81$214,999
Dec 20202,55124,04244.642.68$178,200
Nov 20203,03624,40838.772.71$183,768
Oct 20203,41825,00936.972.48$188,347
Sep 20203,64028,36837.091.99$191,489
Aug 20204,31230,26639.982.39$244,581
Jul 20204,56325,12538.371.83$220,938
Jun 20201,1495,90834.901.69$50,086
May 2020017216.921.81$312
Apr 20202,81720,28814.751.80$78,158
Mar 20203,50823,31930.341.86$149,718
Feb 20203,44121,89549.881.98$215,004
Jan 20203,58224,47757.252.09$256,342
Dec 20192,91927,44959.012.30$235,503
Nov 20192,08017,50355.302.75$163,170
Oct 20192,40623,61453.472.42$185,760
Sep 20192,65323,10855.052.66$207,452
Aug 20192,84421,00053.112.30$199,436
Jul 20195,04723,97356.272.46$342,970
Jun 20195,87226,06452.782.49$374,855
May 20196,71533,30258.482.74$483,951
Apr 20197,89436,60962.632.75$595,102
Mar 20199,33539,88656.803.06$652,363
Feb 20199,67439,48750.852.79$602,179
Jan 201913,63148,91246.033.23$785,332
Dec 201814,13040,68146.594.19$828,585
Nov 201810,28226,75252.934.24$657,581
Oct 201813,46234,55661.443.40$944,529
Sep 201815,31319,58659.543.11$972,609
Aug 201815,79113,26159.403.07$978,651
Jul 201811,5498,46065.142.93$777,106
Jun 201829060.183.08$1,745
May 20181,4151,34965.382.90$96,426
Apr 20185063.842.90$319
Mar 201821166761.222.79$14,776
Feb 20189222,27961.782.77$63,265
Jan 201838384862.874.01$27,479
Dec 20173813,17957.272.92$31,107
Nov 20171,1693,31455.423.12$75,120
Oct 20171,1083,17849.292.98$64,095
Sep 20171,0833,61747.523.09$62,631
Aug 20171,0802,70145.373.00$57,114
Jul 20171,3613,30643.873.09$69,914
Jun 20171,1963,05542.493.09$60,250
May 20172333,11645.373.26$20,740
Apr 20178358847.933.21$5,867
Mar 20178584,77546.772.98$54,376
Feb 20179664,46250.452.95$61,909
Jan 20177597,46549.413.42$63,024
Dec 20161,5135,15248.763.72$92,954
Nov 20161,7677,06842.492.64$93,770
Oct 20162,0228,08646.193.09$118,384
Sep 20162,1638,65241.553.10$116,699
Aug 20162,53610,14641.442.92$134,762
Jul 20164,04716,18941.622.92$215,778
Jun 20161,4725,88945.352.69$82,572
May 20161,1594,63742.521.99$58,513
Apr 20168423,37136.561.99$37,495
Mar 20163921,56833.011.79$15,753
Feb 20163371,34726.472.06$11,700
Jan 20164701,88027.352.36$17,300
Dec 20151,7306,91832.362.00$69,829
Nov 20152,62010,47838.792.17$124,339
Oct 20152,3839,63543.552.43$127,160
Sep 20152,4178,29942.992.76$126,799
Aug 20152,5297,97040.162.87$124,458
Jul 20152,5138,47648.152.95$145,963
Jun 20152,60010,44256.152.88$176,093
May 20152,36912,40555.212.96$167,455
Apr 20152,85912,79549.822.71$177,066
Mar 20153,57014,92942.892.93$196,930
Feb 20151,76714,69944.662.98$122,661
Jan 20156,39322,39643.433.10$347,090
Dec 20145,97616,91854.693.59$387,586
Nov 20147,19919,05870.464.25$588,273
Oct 20148,31623,24278.303.90$741,809
Sep 20149,21317,24886.164.05$863,568
Aug 201413,48317,17789.394.04$1,274,557
Jul 20141,1991,68196.564.18$122,801

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         1,049 bbl  × $106.41 =   $111,624
Gas               10,197 Mcf  × $  3.05 =    $31,058

────────────────────────────────────────────────────
Month total                                 $142,683

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/291981 is the state's own key, not one this site invented.