LEHMAN F 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 297308District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Jul 2019 – May 2026
Value, last 12 filed months
$574 k
at the published price for each month
Months reported
83
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-1112024-07-12234181

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
CondensateDisposition121,159 bbl$7,375,563
GasProduction566,236 Mcf$1,791,139
Total$9,166,702

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 28.3973, -99.3163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.39727, -99.31630 · 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
8,579 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 8,579 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-2833671529H8,579 ftJul 2019

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 (83)

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

83 months

May 20265802,264106.413.05$68,614
Apr 20265252,20598.932.87$58,266
Mar 20264282,54189.753.15$46,416
Feb 20264542,34663.503.75$37,627
Jan 20265724,55659.138.00$70,261
Dec 20254044,26056.664.41$41,692
Nov 20255903,53158.593.93$48,432
Oct 20256593,63159.383.30$51,131
Sep 20255573,73862.743.08$46,448
Aug 20254073,15363.933.01$35,525
Jul 20254542,93266.743.32$40,020
Jun 20253032,95366.483.13$29,383
May 20255623,25660.553.23$44,554
Apr 20256563,44362.363.54$53,107
Mar 20255703,21367.704.27$52,303
Feb 20256082,66670.884.34$54,668
Jan 20256033,27974.324.28$58,845
Dec 20246393,69568.993.12$55,618
Nov 20245913,62769.052.20$48,782
Oct 20249652,91471.372.28$75,520
Sep 20246323,86069.612.36$53,120
Aug 20245814,65975.632.06$53,555
Jul 20247134,70279.932.15$67,083
Jun 20246964,80978.082.63$67,010
May 20246324,44678.812.20$59,582
Apr 20247084,39684.451.66$67,084
Mar 20247184,32080.301.55$64,330
Feb 20246973,81476.091.78$59,838
Jan 20247744,16373.023.30$70,246
Dec 20236984,62171.262.61$61,804
Nov 20237874,73477.892.81$74,590
Oct 20238454,86785.443.09$87,223
Sep 20237634,95089.042.74$81,476
Aug 20238274,60880.522.67$78,907
Jul 20239344,10574.852.64$80,754
Jun 20237453,50668.962.26$59,293
May 20234193,03570.622.23$36,350
Apr 20236323,15678.122.24$56,434
Mar 20237094,32672.852.39$62,003
Feb 20237464,63075.112.47$67,448
Jan 20237584,89476.533.39$74,589
Dec 20227794,42876.415.73$84,892
Nov 20229895,27585.005.65$113,849
Oct 20229515,90087.185.86$117,504
Sep 20228975,98684.888.16$125,005
Aug 20228614,51694.529.13$122,600
Jul 20229854,474101.587.54$133,800
Jun 20228784,247115.097.98$134,928
May 20229244,529109.378.43$139,251
Apr 20229384,429104.226.84$128,042
Mar 20221,1094,838108.885.08$145,308
Feb 20228633,26191.054.86$94,421
Jan 20221,0135,25981.844.54$106,768
Dec 20211,1105,85971.323.90$102,010
Nov 20211,1106,10777.435.24$117,929
Oct 20211,0966,52079.795.71$124,704
Sep 20211,1786,64569.865.35$117,852
Aug 20211,2076,27866.024.22$106,183
Jul 20211,2656,23570.783.98$114,365
Jun 20211,1096,00669.493.38$97,368
May 20211,0966,40663.483.02$88,905
Apr 20211,2387,02660.362.76$94,106
Mar 20211,5108,73061.302.72$116,282
Feb 20211,0726,14857.805.55$96,070
Jan 20211,48710,29250.412.81$103,883
Dec 20201,59510,31444.642.68$98,795
Nov 20201,64911,43638.772.71$94,884
Oct 20201,86611,13336.972.48$96,578
Sep 20201,95311,57237.091.99$95,477
Aug 20202,01812,99739.982.39$111,679
Jul 20202,29915,70838.371.83$116,882
Jun 20202,82411,82734.901.69$118,549
May 2020172,14316.921.81$4,177
Apr 20202,0766,17114.751.80$41,756
Mar 20202,17516,62330.341.86$96,846
Feb 20202,55317,87849.881.98$162,754
Jan 20203,30121,05857.252.09$233,093
Dec 20194,14722,74659.012.30$297,129
Nov 20194,92523,93955.302.75$338,202
Oct 20196,90130,51053.472.42$442,786
Sep 20198,12132,41255.052.66$533,189
Aug 201916,29211,77653.112.30$892,404
Jul 20194,6411,79556.272.46$265,565

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           580 bbl  × $106.41 =    $61,718
Gas                2,264 Mcf  × $  3.05 =     $6,896

────────────────────────────────────────────────────
Month total                                  $68,614

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/297308 is the state's own key, not one this site invented.