RAMSEY-FAULKNER 'C' 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 297520District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.2 M
Feb 2013 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
160
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-1112024-08-15234819

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
CondensateDisposition143,816 bbl$11,268,777
GasProduction1,074,697 Mcf$3,976,625
Total$15,245,401

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 28.3204, -99.1772. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32038, -99.17719 · 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
9,711 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 9,711 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-283334281H9,711 ftFeb 2013

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 (160)

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

160 months

May 20261031,289106.413.05$14,886
Apr 20264637498.932.87$5,624
Mar 20266226289.753.15$6,390
Feb 20267412363.503.75$5,160
Jan 202610319259.138.00$7,626
Dec 202511162656.664.41$9,052
Nov 202510527658.593.93$7,236
Oct 20259345959.383.30$7,039
Sep 20257732362.743.08$5,825
Aug 202511949463.933.01$9,097
Jul 20258945166.743.32$7,435
Jun 202512849166.483.13$10,046
May 202515059360.553.23$10,999
Apr 202513658562.363.54$10,554
Mar 20254092467.704.27$6,652
Feb 2025671,12370.884.34$9,624
Jan 20251074.324.28$74
Dec 20245424168.993.12$4,478
Nov 20243922869.052.20$3,194
Oct 20241781,30671.372.28$15,683
Sep 202424298269.612.36$19,167
Aug 202423180075.632.06$19,121
Jul 20242481,15579.932.15$22,302
Jun 20242302,16778.082.63$23,666
May 202426288878.812.20$22,600
Apr 20242181,08784.451.66$20,214
Mar 20242621,08980.301.55$22,721
Feb 20242311,63776.091.78$20,497
Jan 20241321,31373.023.30$13,968
Dec 2023841,45471.262.61$9,782
Nov 20231881,68477.892.81$19,371
Oct 20231691,59985.443.09$19,376
Sep 20232401,83889.042.74$26,397
Aug 20232341,74780.522.67$23,511
Jul 20232691,57374.852.64$24,290
Jun 20231971,68968.962.26$17,400
May 202320113,41770.622.23$44,080
Apr 20231801,41878.122.24$17,235
Mar 202317295972.852.39$14,825
Feb 202320474275.112.47$17,152
Jan 20232881,52076.533.39$27,190
Dec 20222561,27376.415.73$26,854
Nov 20222511,06485.005.65$27,343
Oct 20221931,26387.185.86$24,232
Sep 20222111,67384.888.16$31,568
Aug 20223232,28394.529.13$51,367
Jul 20222041,356101.587.54$30,949
Jun 20223601,339115.097.98$52,114
May 20223821,468109.378.43$54,159
Apr 20223281,519104.226.84$44,570
Mar 20224101,614108.885.08$52,834
Feb 20223781,60691.054.86$42,220
Jan 20224282,01681.844.54$44,175
Dec 20213231,63971.323.90$29,427
Nov 20213351,40977.435.24$33,318
Oct 20213051,44579.795.71$32,592
Sep 20213471,34169.865.35$31,417
Aug 20213811,41766.024.22$31,134
Jul 20214611,37570.783.98$38,105
Jun 20214171,03769.493.38$32,483
May 20213331,46163.483.02$25,548
Apr 20213431,32260.362.76$24,350
Mar 20213461,49561.302.72$25,272
Feb 20213061,10757.805.55$23,828
Jan 20213821,29950.412.81$22,907
Dec 20203521,32344.642.68$19,253
Nov 20203681,37738.772.71$17,994
Oct 20203331,49636.972.48$16,019
Sep 20202341,36637.091.99$11,399
Aug 20202301,44239.982.39$12,635
Jul 20203061,49938.371.83$14,477
Jun 20205071,72134.901.69$20,603
May 2020011216.921.81$203
Apr 2020917414.751.80$447
Mar 20202061,48030.341.86$8,997
Feb 20201941,22249.881.98$12,097
Jan 20202342,23757.252.09$18,082
Dec 20193332,96659.012.30$26,485
Nov 201937588255.302.75$23,164
Oct 201939469553.472.42$22,748
Sep 20190055.052.66$0
Aug 20193081,36153.112.30$19,494
Jul 20196591,83556.272.46$41,596
Jun 20195882,13752.782.49$36,358
May 20195552,16158.482.74$38,378
Apr 20195372,76062.632.75$41,224
Mar 20195742,68956.803.06$40,837
Feb 20196052,33850.852.79$37,292
Jan 20196931,80946.033.23$37,739
Dec 20185481,95346.594.19$33,705
Nov 20185272,52452.934.24$38,589
Oct 20185523,98161.443.40$47,443
Sep 20184993,52359.543.11$40,660
Aug 20186383,71059.403.07$49,274
Jul 20185623,25765.142.93$46,158
Jun 2018303,85060.183.08$13,652
May 20182084,13865.382.90$25,603
Apr 20184652,54663.842.90$37,071
Mar 20186223,48761.222.79$47,797
Feb 20185763,67561.782.77$45,751
Jan 20186453,61562.874.01$55,045
Dec 20177234,93357.272.92$55,818
Nov 20176414,63455.423.12$49,975
Oct 20176744,88049.292.98$47,782
Sep 20177124,76047.523.09$48,530
Aug 20175835,54145.373.00$43,098
Jul 20176666,14043.873.09$48,173
Jun 20177665,73542.493.09$50,253
May 20178155,68645.373.26$55,532
Apr 20178415,44847.933.21$57,806
Mar 20179246,35246.772.98$62,168
Feb 20178855,29450.452.95$60,279
Jan 20171,0256,36249.413.42$72,396
Dec 20168175,01548.763.72$58,507
Nov 2016222,13742.492.64$6,586
Oct 2016863,47846.193.09$14,720
Sep 20162663,00941.553.10$20,382
Aug 20169237,77641.442.92$60,989
Jul 20168507,47641.622.92$57,239
Jun 20169747,03045.352.69$63,052
May 20169697,83742.521.99$56,806
Apr 20161,0688,28436.561.99$55,540
Mar 20168897,82533.011.79$43,384
Feb 20169407,94926.472.06$41,286
Jan 20161,1699,29927.352.36$53,958
Dec 20151,0259,92632.362.00$53,035
Nov 20151,1539,92538.792.17$66,236
Oct 201595410,26143.552.43$66,446
Sep 20151,18510,70642.992.76$80,475
Aug 20151,02510,11740.162.87$70,225
Jul 201598810,95548.152.95$79,836
Jun 20158419,53556.152.88$74,710
May 201586511,67855.212.96$82,270
Apr 201582411,06649.822.71$71,003
Mar 201590311,51442.892.93$72,520
Feb 201594411,19244.662.98$75,469
Jan 201577612,97143.433.10$73,920
Dec 201495813,72854.693.59$101,695
Nov 20141,23814,03370.464.25$146,896
Oct 20141,29214,41478.303.90$157,392
Sep 20141,61715,06686.164.05$200,269
Aug 20141,67016,87689.394.04$217,378
Jul 20141,75518,20596.564.18$245,552
Jun 20141,93718,86898.164.74$279,511
May 20142,10621,58194.734.73$301,505
Apr 20141,93221,75295.944.81$289,964
Mar 20142,24525,11095.895.06$342,249
Feb 20141,92529,47497.406.19$369,998
Jan 20143,50329,72490.404.86$461,151
Dec 20132,96431,98091.824.35$411,411
Nov 20133,01037,82188.853.74$408,824
Oct 20133,28749,10297.423.78$505,794
Sep 20134,70337,955104.113.72$630,736
Aug 20135,73537,362104.253.52$729,486
Jul 20135,58632,558102.523.72$693,719
Jun 20136,04540,03594.403.93$728,122
May 201310,59849,98794.834.15$1,212,408
Apr 20139,17226,00193.964.28$973,153
Mar 201312,10155,13293.623.91$1,348,620
Feb 201301,92791.233.42$6,590

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           103 bbl  × $106.41 =    $10,960
Gas                1,289 Mcf  × $  3.05 =     $3,926

────────────────────────────────────────────────────
Month total                                  $14,886

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/297520 is the state's own key, not one this site invented.