MACDIARMID ALLOCATION B

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 297212District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.9 M
Feb 2021 – May 2026
Value, last 12 filed months
$672 k
at the published price for each month
Months reported
64
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-1112024-06-28234438

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
CondensateDisposition134,966 bbl$9,573,101
GasProduction327,903 Mcf$1,343,183
Total$10,916,283

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 28.4062, -99.0794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40622, -99.07938 · 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
9,724 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 9,724 ft.

Completions filed
Feb 2021
1 of 1 wells

1 well

42-283365632H9,724 ftFeb 2021

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 (64)

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

64 months

May 20266692,130106.413.05$77,676
Apr 20266272,86598.932.87$70,251
Mar 20266652,89489.753.15$68,798
Feb 20268642,24563.503.75$63,283
Jan 20261,0272,14959.138.00$77,914
Dec 20258611,13356.664.41$53,785
Nov 202553987458.593.93$35,012
Oct 202566077959.383.30$41,765
Sep 20257571,04362.743.08$50,703
Aug 202567589163.933.01$45,839
Jul 202553299366.743.32$38,798
Jun 20256731,21366.483.13$48,536
May 20257501,20460.553.23$49,304
Apr 20256281,21062.363.54$43,449
Mar 20256631,35167.704.27$50,652
Feb 20256831,19070.884.34$53,577
Jan 20257871,50374.324.28$64,921
Dec 20247911,56668.993.12$59,459
Nov 20247981,41369.052.20$58,208
Oct 20248781,39571.372.28$65,845
Sep 20249391,62369.612.36$69,201
Aug 20249951,46475.632.06$78,273
Jul 20248671,29979.932.15$72,088
Jun 20248141,01078.082.63$66,217
May 20247531,07978.812.20$61,716
Apr 202429392784.451.66$26,282
Mar 2024568380.301.55$4,625
Feb 20245912,45176.091.78$49,341
Jan 20249193,81673.023.30$79,689
Dec 20239213,38271.262.61$74,460
Nov 20238273,42177.892.81$74,020
Oct 20239824,26385.443.09$97,063
Sep 20239703,83389.042.74$96,852
Aug 20231,0714,24580.522.67$97,583
Jul 20238993,15374.852.64$75,620
Jun 20231,0954,79368.962.26$86,336
May 20239543,92770.622.23$76,118
Apr 20238081,80078.122.24$67,149
Mar 20238503,66672.852.39$70,696
Feb 20237104,06075.112.47$63,339
Jan 20239514,56276.533.39$88,235
Dec 20227364,93376.415.73$84,499
Nov 20228505,30285.005.65$102,186
Oct 20221,0945,41587.185.86$127,127
Sep 20221,1544,90184.888.16$137,962
Aug 20221,4645,13394.529.13$185,227
Jul 20221,5725,253101.587.54$199,302
Jun 20221,6815,671115.097.98$238,705
May 20221,6545,713109.378.43$229,076
Apr 20221,7636,313104.226.84$226,906
Mar 20221,8636,461108.885.08$235,642
Feb 20221,7665,85691.054.86$189,248
Jan 20222,2637,19481.844.54$217,848
Dec 20212,5417,26771.323.90$209,559
Nov 20212,6948,29877.435.24$252,052
Oct 20213,20110,65879.795.71$316,306
Sep 20213,46512,03969.865.35$306,485
Aug 20214,57415,23766.024.22$366,285
Jul 20215,62817,58670.783.98$468,379
Jun 20217,29020,11569.493.38$574,583
May 20219,71722,58863.483.02$684,998
Apr 202115,90526,13360.362.76$1,032,112
Mar 202126,94027,58861.302.72$1,726,377
Feb 20213,3593,35157.805.55$212,741

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           669 bbl  × $106.41 =    $71,188
Gas                2,130 Mcf  × $  3.05 =     $6,488

────────────────────────────────────────────────────
Month total                                  $77,676

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/297212 is the state's own key, not one this site invented.