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 291994District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$3.8 M
Jan 2022 – May 2026
Value, last 12 filed months
$648 k
at the published price for each month
Months reported
53
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

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
CondensateDisposition37,741 bbl$3,029,426
GasProduction237,004 Mcf$778,250
Total$3,807,676

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 28.3780, -99.5286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37797, -99.52861 · 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
7,636 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 7,636 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-1273466157,636 ftMar 2013

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 (53)

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

53 months

May 20265095,470106.413.05$70,823
Apr 20265335,15098.932.87$67,509
Mar 20264845,27489.753.15$60,049
Feb 20265945,25063.503.75$57,408
Jan 20264864,88159.138.00$67,775
Dec 20254684,74256.664.41$47,445
Nov 20255134,38958.593.93$47,290
Oct 20254494,08559.383.30$40,162
Sep 20254284,39162.743.08$40,363
Aug 20254965,03363.933.01$46,883
Jul 20255135,29066.743.32$51,775
Jun 20255055,47766.483.13$50,708
May 20255195,53360.553.23$49,310
Apr 20255256,17262.363.54$54,607
Mar 20254525,89767.704.27$55,771
Feb 20254322,19570.884.34$40,148
Jan 20252683,58674.324.28$35,261
Dec 20245307,12468.993.12$58,801
Nov 20244176,76969.052.20$43,675
Oct 2024487,55271.372.28$20,655
Sep 20241065,40769.612.36$20,163
Aug 20246478,33375.632.06$66,129
Jul 20248278,26979.932.15$83,852
Jun 20248507,87978.082.63$87,121
May 20248958,48178.812.20$89,180
Apr 20249077,81984.451.66$89,569
Mar 20249519,22480.301.55$90,618
Feb 20248958,63876.091.78$83,508
Jan 20249385,54373.023.30$86,772
Dec 20238833,76571.262.61$72,752
Nov 20238234,19477.892.81$75,878
Oct 20238784,11285.443.09$87,711
Sep 20237862,91989.042.74$77,969
Aug 20234883,05280.522.67$47,451
Jul 20239493,17774.852.64$79,426
Jun 20239352,90768.962.26$71,043
May 20231,0103,32170.622.23$78,723
Apr 20239362,66478.122.24$79,082
Mar 20239953,51672.852.39$80,900
Feb 20239642,60275.112.47$78,822
Jan 20231,1313,21776.533.39$97,454
Dec 20228392,43776.415.73$78,070
Nov 20228082,45585.005.65$82,541
Oct 20228522,65887.185.86$89,863
Sep 20221,0152,96784.888.16$110,375
Aug 20221,0113,36694.529.13$126,282
Jul 20229321,942101.587.54$109,319
Jun 2022527319115.097.98$63,197
May 20228851,403109.378.43$108,624
Apr 20229161,329104.226.84$104,553
Mar 20229981,691108.885.08$117,246
Feb 20229831,55891.054.86$97,072
Jan 20221,0121,58081.844.54$89,992

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           509 bbl  × $106.41 =    $54,163
Gas                5,470 Mcf  × $  3.05 =    $16,661

────────────────────────────────────────────────────
Month total                                  $70,823

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/291994 is the state's own key, not one this site invented.