LEHMAN B 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 296999District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Feb 2018 – May 2026
Value, last 12 filed months
$394 k
at the published price for each month
Months reported
100
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 5,086 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-1112024-06-03234185

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
CondensateDisposition137,000 bbl$8,513,790
GasProduction237,742 Mcf$803,794
Total$9,317,583

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 28.4328, -99.3151. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.43276, -99.31514 · 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
8,146 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 8,146 ft.

Completions filed
Feb 2018
1 of 1 wells

1 well

42-2833617222H8,146 ftFeb 2018

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 (100)

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

100 months

May 20264811,312106.413.05$55,179
Apr 20264551,32798.932.87$48,821
Mar 202639050589.753.15$36,593
Feb 202641058563.503.75$28,229
Jan 202642752159.138.00$29,415
Dec 202539556956.664.41$24,892
Nov 202537765658.593.93$24,664
Oct 202542240459.383.30$26,394
Sep 202541844662.743.08$27,598
Aug 202544651163.933.01$30,053
Jul 202546675966.743.32$33,617
Jun 202539980066.483.13$29,029
May 202547792860.553.23$31,882
Apr 20254361,24762.363.54$31,607
Mar 20254421,35667.704.27$35,711
Feb 202535883570.884.34$29,000
Jan 202541070974.324.28$33,505
Dec 202448575968.993.12$35,829
Nov 20245111,73169.052.20$39,090
Oct 20245021,42471.372.28$39,076
Sep 20244671,12969.612.36$35,177
Aug 20244771,03575.632.06$38,211
Jul 20245181,05679.932.15$43,671
Jun 20244341,07678.082.63$36,721
May 20244091,79478.812.20$36,177
Apr 20244531,98384.451.66$41,546
Mar 20244671,31780.301.55$39,535
Feb 20244651,35976.091.78$37,806
Jan 20244691,58673.023.30$39,476
Dec 20235241,96171.262.61$42,460
Nov 20234521,98277.892.81$40,771
Oct 20235151,71285.443.09$49,287
Sep 20235211,85289.042.74$51,455
Aug 20235121,88380.522.67$46,259
Jul 20235621,84674.852.64$46,942
Jun 20234561,67468.962.26$35,226
May 20237001,99070.622.23$53,867
Apr 20237962,41078.122.24$67,577
Mar 20232751,02272.852.39$22,480
Feb 20234831,38875.112.47$39,700
Jan 20235711,00076.533.39$47,086
Dec 20226153,47776.415.73$66,912
Nov 20225133,16985.005.65$61,498
Oct 20225302,34787.185.86$59,968
Sep 20225742,14084.888.16$66,191
Aug 20226142,43294.529.13$80,233
Jul 20225362,437101.587.54$72,827
Jun 20226272,731115.097.98$93,947
May 20225972,375109.378.43$85,322
Apr 20225952,357104.226.84$78,127
Mar 20226112,538108.885.08$79,410
Feb 20226542,36391.054.86$71,028
Jan 20225922,33581.844.54$59,045
Dec 20217623,15571.323.90$66,648
Nov 20218793,05877.435.24$84,075
Oct 20217513,29879.795.71$78,767
Sep 20216793,28769.865.35$65,023
Aug 20217213,52466.024.22$62,474
Jul 20211,2272,46870.783.98$96,675
Jun 20211,3282,84469.493.38$101,897
May 20211,1934,31463.483.02$88,750
Apr 20211,0095,25560.362.76$75,399
Mar 20211,1026,99261.302.72$86,549
Feb 20211,1714,64457.805.55$93,448
Jan 20211,1654,90150.412.81$72,501
Dec 20201,2134,78644.642.68$66,953
Nov 20201,3004,99538.772.71$63,920
Oct 20201,4115,62636.972.48$66,108
Sep 20201,1885,03637.091.99$54,090
Aug 20201,6524,57739.982.39$76,964
Jul 20201,9714,52138.371.83$83,879
Jun 20201,1132,52934.901.69$43,118
May 2020011816.921.81$214
Apr 202075014.751.80$1,106
Mar 20201,7404,64130.341.86$61,406
Feb 20202,1985,41649.881.98$120,364
Jan 20202,0773,87457.252.09$127,023
Dec 20192,6845,87659.012.30$171,923
Nov 20192,4305,74855.302.75$150,190
Oct 20192,3186,25053.472.42$139,059
Sep 20192,5856,56855.052.66$159,757
Aug 201901,81053.112.30$4,171
Jul 201952126156.272.46$29,959
Jun 201902,48652.782.49$6,193
May 20190058.482.74$0
Apr 20191,753062.632.75$109,790
Mar 20192,05298856.803.06$119,579
Feb 20191,90067850.852.79$98,508
Jan 20192,4651,20146.033.23$117,341
Dec 20182,49056946.594.19$118,391
Nov 20182,48595152.934.24$135,561
Oct 20181,23896161.443.40$79,328
Sep 201825010259.543.11$15,202
Aug 20182,4002,87359.403.07$151,370
Jul 20185,2444,64065.142.93$355,198
Jun 20186,2874,04860.183.08$390,807
May 20188,8357,82965.382.90$600,343
Apr 201812,2955,40763.842.90$800,597
Mar 201821,7283,47961.222.79$1,339,884
Feb 20188241861.782.77$50,957

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           481 bbl  × $106.41 =    $51,183
Gas                1,312 Mcf  × $  3.05 =     $3,996

────────────────────────────────────────────────────
Month total                                  $55,179

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/296999 is the state's own key, not one this site invented.