HIXON

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 297258District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Aug 2018 – May 2026
Value, last 12 filed months
$483 k
at the published price for each month
Months reported
94
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-1112024-07-03234425

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
CondensateDisposition128,823 bbl$7,805,360
GasProduction425,338 Mcf$1,472,652
Total$9,278,012

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 28.3463, -99.1355. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34626, -99.13554 · 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
9,947 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 9,947 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-2833632937H9,947 ftAug 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 (94)

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

94 months

May 20264602,772106.413.05$57,392
Apr 20263752,92598.932.87$45,493
Mar 20265491,84989.753.15$55,096
Feb 20264443,31163.503.75$40,611
Jan 20264612,45859.138.00$46,918
Dec 20254661,99656.664.41$35,213
Nov 20253882,40158.593.93$32,160
Oct 20254102,18559.383.30$31,567
Sep 20255082,15562.743.08$38,503
Aug 20254582,59163.933.01$37,091
Jul 20254072,19266.743.32$34,430
Jun 20253391,97366.483.13$28,710
May 20253752,04660.553.23$29,320
Apr 20254782,27062.363.54$37,851
Mar 20254843,27267.704.27$46,733
Feb 20253712,37470.884.34$36,602
Jan 20254552,79074.324.28$45,753
Dec 20245623,15168.993.12$48,608
Nov 20245303,00169.052.20$43,194
Oct 20245333,06871.372.28$45,040
Sep 20244572,80269.612.36$38,437
Aug 20245213,20075.632.06$46,007
Jul 20245843,13879.932.15$53,415
Jun 20245192,88978.082.63$48,133
May 20245082,87478.812.20$46,354
Apr 20245472,74884.451.66$50,754
Mar 20246392,50780.301.55$55,185
Feb 20244862,27076.091.78$41,029
Jan 20245713,27673.023.30$52,498
Dec 20235813,22871.262.61$49,829
Nov 20236322,99477.892.81$57,632
Oct 20236973,37685.443.09$69,974
Sep 20236993,63189.042.74$72,170
Aug 20236993,58580.522.67$65,866
Jul 20237203,86974.852.64$64,113
Jun 20236953,19468.962.26$55,141
May 20237333,65770.622.23$59,910
Apr 20235953,74878.122.24$54,869
Mar 20236683,51872.852.39$57,083
Feb 20236473,06375.112.47$56,149
Jan 20236343,95476.533.39$61,915
Dec 20227093,73276.415.73$75,556
Nov 20225523,69785.005.65$67,794
Oct 20226413,92487.185.86$78,892
Sep 20226443,98684.888.16$87,203
Aug 20225703,68294.529.13$87,483
Jul 20227394,153101.587.54$106,390
Jun 20228633,994115.097.98$131,184
May 20227764,480109.378.43$122,651
Apr 20227824,374104.226.84$111,408
Mar 20228764,696108.885.08$119,218
Feb 20226204,04291.054.86$76,090
Jan 20228055,14981.844.54$89,246
Dec 20218665,87271.323.90$84,659
Nov 20218345,33477.435.24$92,510
Oct 20219405,81979.795.71$108,252
Sep 20218385,89269.865.35$90,070
Aug 20211,1505,89666.024.22$100,808
Jul 20219265,64270.783.98$88,009
Jun 20211,0405,91069.493.38$92,249
May 20211,1356,39563.483.02$91,348
Apr 20219175,95560.362.76$71,777
Mar 20211,0235,97461.302.72$78,941
Feb 20219186,37957.805.55$88,451
Jan 20211,3886,57150.412.81$88,435
Dec 20201,2636,53344.642.68$73,859
Nov 20201,2215,79238.772.71$63,015
Oct 20201,1206,24936.972.48$56,894
Sep 20201,1696,25437.091.99$55,810
Aug 20201,5406,96139.982.39$78,172
Jul 20201,6974,72438.371.83$73,736
Jun 20201,8339,96934.901.69$80,822
May 202001,37816.921.81$2,501
Apr 20201,4364,95814.751.80$30,127
Mar 20201,7299,82430.341.86$70,693
Feb 20201,3784,03749.881.98$76,731
Jan 20201,6025,30357.252.09$102,823
Dec 20191,6817,57359.012.30$116,647
Nov 20191,7539,44155.302.75$122,910
Oct 20191,94710,46453.472.42$129,414
Sep 20191,66810,76255.052.66$120,421
Aug 20190053.112.30$0
Jul 20192,117056.272.46$119,124
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20192,747062.632.75$172,045
Mar 20193,3283,44456.803.06$199,576
Feb 20193,5063,25650.852.79$187,372
Jan 20194,8147,48246.033.23$245,742
Dec 20185,9025,16446.594.19$296,588
Nov 20187,7767,17752.934.24$441,994
Oct 201813,32529,41561.443.40$918,643
Sep 201819,83419,30859.543.11$1,240,926
Aug 201802159.403.07$64

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           460 bbl  × $106.41 =    $48,949
Gas                2,772 Mcf  × $  3.05 =     $8,443

────────────────────────────────────────────────────
Month total                                  $57,392

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/297258 is the state's own key, not one this site invented.