HIXON-STATE OF TEXAS 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 297775District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.2 M
Apr 2014 – May 2026
Value, last 12 filed months
$194 k
at the published price for each month
Months reported
146
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-1112024-09-11234808

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
CondensateDisposition161,773 bbl$11,221,825
GasProduction841,413 Mcf$2,947,633
Total$14,169,459

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 28.3206, -99.1423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32055, -99.14226 · 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
9,920 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 9,920 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-283344491H9,920 ftApr 2014

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 (146)

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

146 months

May 2026172459106.413.05$19,701
Apr 202624461798.932.87$25,910
Mar 202621637089.753.15$20,551
Feb 202620323863.503.75$13,783
Jan 202622728859.138.00$15,726
Dec 202522336156.664.41$14,228
Nov 202521437558.593.93$14,011
Oct 202522351159.383.30$14,931
Sep 202522846462.743.08$15,732
Aug 202524160363.933.01$17,225
Jul 202521664266.743.32$16,544
Jun 20257410166.483.13$5,236
May 20250060.553.23$0
Apr 202512062.363.54$748
Mar 20253081,11767.704.27$25,619
Feb 20252711,14170.884.34$24,161
Jan 202525587374.324.28$22,687
Dec 20242681,28468.993.12$22,497
Nov 20242501,17669.052.20$19,848
Oct 20242561,26771.372.28$21,161
Sep 20242971,27869.612.36$23,696
Aug 20243461,32275.632.06$28,896
Jul 20242781,36379.932.15$25,146
Jun 20242771,26378.082.63$24,955
May 20242851,17578.812.20$25,044
Apr 20242901,10084.451.66$26,316
Mar 20243141,16080.301.55$27,007
Feb 202430082276.091.78$24,293
Jan 20243281,00773.023.30$27,271
Dec 20233081,05871.262.61$24,710
Nov 20232971,18277.892.81$26,452
Oct 20233391,28885.443.09$32,941
Sep 20232961,20689.042.74$29,654
Aug 20233111,13880.522.67$28,083
Jul 20233081,14174.852.64$26,068
Jun 20232901,19368.962.26$22,693
May 20232811,27670.622.23$22,686
Apr 20233111,49878.122.24$27,647
Mar 20233461,19372.852.39$28,061
Feb 20232991,01875.112.47$24,968
Jan 20233491,10476.533.39$30,449
Dec 202257484676.415.73$48,706
Nov 202259972985.005.65$55,031
Oct 202256297687.185.86$54,718
Sep 20225601,06184.888.16$56,194
Aug 20224121,13594.529.13$49,302
Jul 20223321,128101.587.54$42,232
Jun 20223801,248115.097.98$53,690
May 20223611,289109.378.43$50,353
Apr 20223451,366104.226.84$45,296
Mar 20224791,330108.885.08$58,905
Feb 20224001,16491.054.86$42,076
Jan 20224241,36881.844.54$40,908
Dec 20213391,44571.323.90$29,812
Nov 20213751,53977.435.24$37,096
Oct 20214101,46579.795.71$41,085
Sep 20214971,02369.865.35$40,194
Aug 20214021,71266.024.22$33,766
Jul 20213231,64570.783.98$29,412
Jun 20213231,55969.493.38$27,716
May 20214141,64963.483.02$31,257
Apr 20213521,62560.362.76$25,729
Mar 20213891,67761.302.72$28,402
Feb 20214781,89157.805.55$38,120
Jan 20214891,53950.412.81$28,976
Dec 20203681,27844.642.68$19,847
Nov 202039944638.772.71$16,676
Oct 202041064736.972.48$16,761
Sep 202037071737.091.99$15,151
Aug 202036990539.982.39$16,911
Jul 20203861,39338.371.83$17,353
Jun 20205891,22534.901.69$22,627
May 2020087616.921.81$1,590
Apr 20203681,26714.751.80$7,714
Mar 202037575730.341.86$12,783
Feb 20204141,20849.881.98$23,043
Jan 202045549157.252.09$27,077
Dec 201941012059.012.30$24,471
Nov 2019393055.302.75$21,733
Oct 20194021,91153.472.42$26,117
Sep 20193981,63355.052.66$26,249
Aug 20193851,60553.112.30$24,146
Jul 20193891,77956.272.46$26,265
Jun 20194101,55952.782.49$25,524
May 20194601,50758.482.74$31,030
Apr 20194001,37862.632.75$28,842
Mar 20193941,38356.803.06$26,614
Feb 20193412,11150.852.79$23,234
Jan 20193462,76146.033.23$24,839
Dec 20182521,69946.594.19$18,852
Nov 20183401,01552.934.24$22,297
Oct 20183251,80561.443.40$26,102
Sep 20184321,41959.543.11$30,132
Aug 20184791,66759.403.07$33,565
Jul 20185031,57265.142.93$37,374
Jun 20184961,51260.183.08$34,502
May 20184801,38365.382.90$35,394
Apr 20182421,38363.842.90$19,461
Mar 201801,26461.222.79$3,523
Feb 20188710961.782.77$5,676
Jan 201824526562.874.01$16,466
Dec 20171541,30757.272.92$12,638
Nov 20175002,95055.423.12$36,909
Oct 20171,2587,29249.292.98$83,764
Sep 20171,1627,04647.523.09$76,971
Aug 20171,2237,54545.373.00$78,156
Jul 20171,0397,12843.873.09$67,587
Jun 20171,2466,59042.493.09$73,288
May 20171,1717,38145.373.26$77,215
Apr 20171,2477,53847.933.21$83,978
Mar 20171,3397,91946.772.98$86,253
Feb 20171,2646,93250.452.95$84,236
Jan 20171,3528,44349.413.42$95,667
Dec 20161,5329,45548.763.72$109,900
Nov 20161,4728,57142.492.64$85,210
Oct 20161,5018,38746.193.09$95,249
Sep 20161,5609,44441.553.10$94,100
Aug 20161,6539,61741.442.92$96,624
Jul 20161,4908,77241.622.92$87,666
Jun 20161,7188,75945.352.69$101,436
May 20161,47910,04342.521.99$82,883
Apr 20169294,51836.561.99$42,960
Mar 20161,71611,31433.011.79$76,943
Feb 20161,26111,99726.472.06$58,136
Jan 20161,57612,47627.352.36$72,601
Dec 20151,86514,04332.362.00$88,457
Nov 20151,62212,40638.792.17$89,805
Oct 20151,73713,72343.552.43$108,946
Sep 20151,75913,20642.992.76$112,047
Aug 20151,90314,66740.162.87$118,555
Jul 20152,20516,62648.152.95$155,136
Jun 20152,17719,52556.152.88$178,526
May 20152,02010,62755.212.96$142,932
Apr 20152,50418,86249.822.71$175,801
Mar 20152,67121,13142.892.93$176,573
Feb 20152,48521,21344.662.98$174,114
Jan 20153,05623,62343.433.10$205,968
Dec 20143,27719,89354.693.59$250,662
Nov 20143,41124,01670.464.25$342,451
Oct 20144,22629,55078.303.90$446,169
Sep 20144,49428,74186.164.05$503,473
Aug 20145,92136,87089.394.04$678,053
Jul 20147,42043,47596.564.18$898,183
Jun 201410,96754,35698.164.74$1,333,999
May 201416,01069,33794.734.73$1,844,353
Apr 201415,31930,96895.944.81$1,618,634

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           172 bbl  × $106.41 =    $18,303
Gas                  459 Mcf  × $  3.05 =     $1,398

────────────────────────────────────────────────────
Month total                                  $19,701

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/297775 is the state's own key, not one this site invented.