MineralRecord
Log inSign up

HIXON-STATE OF TEXAS UNIT

Operated by VERDUN OIL EF II LLC (P-5 102886) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 296808District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.2 M
Dec 2017 – May 2026
Value, last 12 filed months
$7.0 M
at the published price for each month
Months reported
102
no gaps in the span
Streams
2
condensate, gas

The EAGLEVILLE (EAGLE FORD-1) 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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 2017-02-28.

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: “BASED ON 3000 TO 1 GAS OIL RATIO”

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-1112024-06-03234190

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
CondensateDisposition244,254 bbl$15,455,004
GasProduction802,053 Mcf$2,733,686
Total$18,188,690

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 28.3226, -99.1403. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32256, -99.14028 · 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
9,881 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 9,881 ft.

Completions filed
Nov 2017
1 of 1 wells

1 well

42-283356192H9,881 ftNov 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 (102)

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

102 months

May 20262,46012,571106.413.05$300,058
Apr 20262,85716,41598.932.87$329,749
Mar 20263,71419,41089.753.15$394,462
Feb 20263,73719,08563.503.75$308,874
Jan 20264,67121,39759.138.00$447,328
Dec 20255,37423,94156.664.41$410,151
Nov 20255,91825,80558.593.93$448,057
Oct 20257,23631,72559.383.30$534,520
Sep 20258,30931,59762.743.08$618,528
Aug 202513,05744,78463.933.01$969,747
Jul 202514,42938,06966.743.32$1,089,198
Jun 202515,22732,24266.483.13$1,113,167
May 20254,0686,75760.553.23$268,158
Apr 202533062.363.54$2,058
Mar 20256643,43367.704.27$59,606
Feb 20257204,68270.884.34$71,357
Jan 20258374,01374.324.28$79,376
Dec 20247453,87668.993.12$63,496
Nov 20246744,32469.052.20$56,046
Oct 20247184,40471.372.28$61,291
Sep 20247635,51869.612.36$66,159
Aug 20247435,60475.632.06$67,758
Jul 20248164,84279.932.15$75,617
Jun 20247644,87778.082.63$72,499
May 20248084,31378.812.20$73,160
Apr 20248163,14584.451.66$74,129
Mar 20248263,25380.301.55$71,354
Feb 20248342,89476.091.78$68,621
Jan 20247712,74173.023.30$65,337
Dec 20238273,23571.262.61$67,378
Nov 20238173,16077.892.81$72,508
Oct 20238734,31485.443.09$87,908
Sep 20238723,43189.042.74$87,027
Aug 20239123,00080.522.67$81,453
Jul 20239342,94374.852.64$77,685
Jun 20239184,36568.962.26$73,164
May 20239643,94670.622.23$76,867
Apr 20238943,82678.122.24$78,401
Mar 20231,0774,10772.852.39$88,288
Feb 20239323,31875.112.47$78,184
Jan 20231,0933,90476.533.39$96,873
Dec 20228493,76476.415.73$86,436
Nov 20229543,74785.005.65$102,246
Oct 20222134,06587.185.86$42,406
Sep 2022973,55584.888.16$37,255
Aug 2022564,36694.529.13$45,142
Jul 2022192,348101.587.54$19,639
Jun 20221512,692115.097.98$38,853
May 20223424,394109.378.43$74,459
Apr 20223834,272104.226.84$69,126
Mar 20224834,550108.885.08$75,687
Feb 20223984,57591.054.86$58,467
Jan 20225435,48081.844.54$69,306
Dec 20215735,14071.323.90$60,908
Nov 20215525,57277.435.24$71,921
Oct 20215756,06079.795.71$80,505
Sep 20215655,79869.865.35$70,496
Aug 20216576,31266.024.22$70,016
Jul 20218326,48570.783.98$84,713
Jun 20217836,12169.493.38$75,103
May 20219076,87963.483.02$78,335
Apr 20218696,90260.362.76$71,491
Mar 20211,0347,27261.302.72$83,142
Feb 20211,3547,81157.805.55$121,596
Jan 20211,1436,74750.412.81$76,580
Dec 20201,1726,09544.642.68$68,625
Nov 20201,0725,73338.772.71$57,078
Oct 20201,2516,56436.972.48$62,518
Sep 20201,1426,81637.091.99$55,928
Aug 20206827,36439.982.39$44,830
Jul 20201,0127,62438.371.83$52,745
Jun 20201,6168,71434.901.69$71,128
May 202004,82016.921.81$8,747
Apr 20201,6097,70814.751.80$37,641
Mar 20201,4588,05630.341.86$59,190
Feb 20201,4657,36949.881.98$87,670
Jan 20201,5087,28957.252.09$101,602
Dec 20191,4327,88259.012.30$102,665
Nov 20191,1538,15855.302.75$86,201
Oct 20191,32110,95253.472.42$97,122
Sep 20191,73511,03455.052.66$124,832
Aug 201906,63653.112.30$15,292
Jul 201969411,38256.272.46$67,052
Jun 2019010,33752.782.49$25,752
May 201907,11658.482.74$19,500
Apr 20192,198062.632.75$137,661
Mar 20192,4203,62056.803.06$148,541
Feb 20192,0363,17150.852.79$112,385
Jan 20192,0855,07546.033.23$112,356
Dec 20181,7323,28346.594.19$94,435
Nov 20182,2494,29252.934.24$137,226
Oct 20182,4259,25161.443.40$180,428
Sep 20182,6505,87959.543.11$176,053
Aug 20183,0165,48159.403.07$195,958
Jul 20183,9003,99165.142.93$265,747
Jun 20184,4393,92060.183.08$279,201
May 20185,3396,20265.382.90$367,055
Apr 20185,8695,08263.842.90$389,419
Mar 20187,9926,29861.222.79$506,822
Feb 201810,0506,21761.782.77$638,086
Jan 201817,8389,57762.874.01$1,159,872
Dec 201719,6608,89257.272.92$1,151,906

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         2,460 bbl  × $106.41 =   $261,769
Gas               12,571 Mcf  × $  3.05 =    $38,289

────────────────────────────────────────────────────
Month total                                 $300,058

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/296808 is the state's own key, not one this site invented.