MACDIARMID ALLOCATION D

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 297406District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Feb 2021 – May 2026
Value, last 12 filed months
$457 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-1112024-07-31234439

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
CondensateDisposition111,892 bbl$8,076,912
GasProduction295,774 Mcf$1,180,394
Total$9,257,306

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, -99.0765. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40622, -99.07649 · 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
9,782 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 9,782 ft.

Completions filed
Feb 2021
1 of 1 wells

1 well

42-283365654H9,782 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 20264031,489106.413.05$47,418
Apr 20263941,85198.932.87$44,290
Mar 20265691,76589.753.15$56,627
Feb 20265961,24163.503.75$42,500
Jan 202651098859.138.00$38,058
Dec 20255361,04856.664.41$34,995
Nov 202541699658.593.93$28,284
Oct 20254781,02459.383.30$31,768
Sep 20254691,31662.743.08$33,474
Aug 20255301,02063.933.01$36,958
Jul 20254341,31866.743.32$33,335
Jun 202542255566.483.13$29,791
May 20252641,23760.553.23$19,984
Apr 20253401,48162.363.54$26,450
Mar 20253891,73367.704.27$33,732
Feb 20254271,97070.884.34$38,817
Jan 20255931,99074.324.28$52,586
Dec 20245982,30768.993.12$48,457
Nov 20245882,29569.052.20$45,647
Oct 20246752,48471.372.28$53,842
Sep 20246522,55369.612.36$51,422
Aug 20247222,59275.632.06$59,954
Jul 20246992,31479.932.15$60,838
Jun 20246922,01978.082.63$59,349
May 20247152,10878.812.20$60,983
Apr 20246342,69484.451.66$58,011
Mar 20245963,58080.301.55$53,390
Feb 20247473,07376.091.78$62,320
Jan 20246732,92373.023.30$58,782
Dec 20237943,36571.262.61$65,366
Nov 20237453,53477.892.81$67,950
Oct 20238154,07285.443.09$82,205
Sep 20238323,15089.042.74$82,697
Aug 20238743,58480.522.67$79,954
Jul 20238132,88974.852.64$68,485
Jun 20239402,17468.962.26$69,732
May 20239241,74770.622.23$69,144
Apr 20238161,23378.122.24$66,505
Mar 20239333,24372.852.39$75,730
Feb 20239873,59675.112.47$83,000
Jan 20231,1233,87976.533.39$99,084
Dec 20229924,35476.415.73$100,743
Nov 20221,0464,11085.005.65$112,116
Oct 20221,1464,48787.185.86$126,219
Sep 20221,3064,41284.888.16$146,871
Aug 20221,3984,28794.529.13$171,267
Jul 20221,5314,547101.587.54$189,813
Jun 20221,3265,328115.097.98$195,112
May 20221,6175,232109.378.43$220,973
Apr 20221,7505,769104.226.84$221,831
Mar 20221,9616,433108.885.08$246,170
Feb 20222,0586,00391.054.86$216,549
Jan 20222,3576,27481.844.54$221,366
Dec 20212,6686,52571.323.90$215,724
Nov 20212,7257,39077.435.24$249,697
Oct 20212,7648,37379.795.71$268,382
Sep 20212,8799,02369.865.35$249,408
Aug 20213,56111,09166.024.22$281,908
Jul 20214,19613,28170.783.98$349,879
Jun 20215,23615,79669.493.38$417,250
May 20217,38420,66563.483.02$531,096
Apr 202111,81325,03560.362.76$782,090
Mar 202120,94824,24861.302.72$1,349,993
Feb 20212,8732,68157.805.55$180,933

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           403 bbl  × $106.41 =    $42,883
Gas                1,489 Mcf  × $  3.05 =     $4,535

────────────────────────────────────────────────────
Month total                                  $47,418

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/297406 is the state's own key, not one this site invented.