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 297259District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Aug 2018 – May 2026
Value, last 12 filed months
$514 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-1112024-07-03234427

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
CondensateDisposition129,293 bbl$7,894,781
GasProduction400,633 Mcf$1,406,252
Total$9,301,033

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 28.3446, -99.1370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.34461, -99.13696 · 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
9,958 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 9,958 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-2833633138H9,958 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 20264842,614106.413.05$59,464
Apr 20265112,66098.932.87$58,187
Mar 20266121,88489.753.15$60,861
Feb 20264092,80263.503.75$36,480
Jan 20264782,07059.138.00$44,820
Dec 20255171,89556.664.41$37,657
Nov 20254601,82558.593.93$34,117
Oct 20254371,56459.383.30$31,118
Sep 20255371,92062.743.08$39,599
Aug 20254831,93863.933.01$36,721
Jul 20254642,04266.743.32$37,737
Jun 20254761,89766.483.13$37,580
May 20253521,78260.553.23$27,074
Apr 20253691,97062.363.54$29,991
Mar 20253611,72167.704.27$31,785
Feb 20254202,47970.884.34$40,531
Jan 20254082,44274.324.28$40,771
Dec 20244352,71468.993.12$38,482
Nov 20244792,95769.052.20$39,576
Oct 20244723,23071.372.28$41,056
Sep 20244752,62969.612.36$39,281
Aug 20245593,07675.632.06$48,625
Jul 20246222,89679.932.15$55,933
Jun 20244802,71478.082.63$44,627
May 20244852,36978.812.20$43,431
Apr 20245972,49884.451.66$54,561
Mar 20245602,14580.301.55$48,282
Feb 20245772,06876.091.78$47,593
Jan 20246132,70773.023.30$53,688
Dec 20236893,04371.262.61$57,043
Nov 20235852,77277.892.81$53,348
Oct 20237703,46685.443.09$76,489
Sep 20236433,86789.042.74$67,829
Aug 20236933,26780.522.67$64,533
Jul 20237593,96674.852.64$67,289
Jun 20237013,57568.962.26$56,415
May 20237933,77070.622.23$64,399
Apr 20237103,51278.122.24$63,324
Mar 20237923,92272.852.39$67,083
Feb 20236643,38875.112.47$58,227
Jan 20236594,30376.533.39$65,011
Dec 20228473,17076.415.73$82,880
Nov 20226423,58285.005.65$74,795
Oct 20228494,97187.185.86$103,165
Sep 20227664,58484.888.16$102,440
Aug 20227264,04494.529.13$105,532
Jul 20229234,087101.587.54$124,583
Jun 20229804,807115.097.98$151,135
May 20228194,613109.378.43$128,476
Apr 20229114,175104.226.84$123,491
Mar 20229124,570108.885.08$122,498
Feb 20227114,23391.054.86$85,304
Jan 20228815,50381.844.54$97,072
Dec 20219585,28771.323.90$88,939
Nov 20219575,32377.435.24$101,976
Oct 20211,0115,75179.795.71$113,528
Sep 20218465,34069.865.35$87,675
Aug 20211,0256,22466.024.22$93,939
Jul 20211,0006,32070.783.98$95,947
Jun 20211,0395,96069.493.38$92,349
May 20211,1436,17563.483.02$91,192
Apr 20211,1385,38760.362.76$83,549
Mar 20211,2585,20861.302.72$91,265
Feb 20211,1715,33657.805.55$97,288
Jan 20211,2665,40950.412.81$79,020
Dec 20209344,76644.642.68$54,445
Nov 20201,0914,34338.772.71$54,053
Oct 20201,1815,57236.972.48$57,471
Sep 20201,2265,70037.091.99$56,821
Aug 20201,5497,39739.982.39$79,572
Jul 20201,6595,39338.371.83$73,499
Jun 20201,8246,98434.901.69$75,463
May 202001,22616.921.81$2,225
Apr 20201,44310,34014.751.80$39,942
Mar 20201,5741,68530.341.86$50,883
Feb 20201,5734,41149.881.98$87,198
Jan 20201,7815,86957.252.09$114,256
Dec 20191,7687,65859.012.30$121,976
Nov 20191,7599,42755.302.75$123,204
Oct 20191,5829,52353.472.42$107,621
Sep 20191,96011,21855.052.66$137,707
Aug 20190053.112.30$0
Jul 20192,137056.272.46$120,249
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20192,980062.632.75$186,637
Mar 20193,5103,51256.803.06$210,122
Feb 20194,0513,11650.852.79$214,694
Jan 20195,0907,37746.033.23$258,107
Dec 20186,2174,98346.594.19$310,506
Nov 20187,6256,60052.934.24$431,557
Oct 201811,57824,60361.443.40$794,955
Sep 201817,78117,84459.543.11$1,114,140
Aug 20185166859.403.07$5,078

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           484 bbl  × $106.41 =    $51,502
Gas                2,614 Mcf  × $  3.05 =     $7,962

────────────────────────────────────────────────────
Month total                                  $59,464

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/297259 is the state's own key, not one this site invented.