RANKIN

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 297823District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Jun 2012 – May 2026
Value, last 12 filed months
$139 k
at the published price for each month
Months reported
168
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-1112024-10-29235358

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
CondensateDisposition86,087 bbl$6,803,439
GasProduction535,351 Mcf$1,849,810
Total$8,653,249

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 28.3778, -99.1796. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37776, -99.17959 · 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
9,103 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 9,103 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-283330601H9,103 ftJun 2012

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 (168)

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

168 months

May 2026129724106.413.05$15,932
Apr 20261351,21298.932.87$16,834
Mar 202617378889.753.15$18,009
Feb 202614376263.503.75$11,938
Jan 202613367459.138.00$13,255
Dec 202514770756.664.41$11,449
Nov 202514291458.593.93$11,909
Oct 202512846059.383.30$9,121
Sep 20251271,90062.743.08$13,814
Aug 202510351263.933.01$8,128
Jul 20256032566.743.32$5,082
Jun 20253621866.483.13$3,075
May 20251231,35260.553.23$11,818
Apr 20252244,24062.363.54$28,991
Mar 20251142,63167.704.27$18,948
Feb 2025824,64870.884.34$25,988
Jan 20251261,79974.324.28$17,062
Dec 202412142268.993.12$9,665
Nov 202410441369.052.20$8,089
Oct 202412447771.372.28$9,938
Sep 202412751869.612.36$10,065
Aug 20242532,67275.632.06$24,648
Jul 202427871379.932.15$23,751
Jun 202416787078.082.63$15,331
May 202415846978.812.20$13,483
Apr 20249248484.451.66$8,572
Mar 202410469980.301.55$9,431
Feb 202411058676.091.78$9,415
Jan 202413864273.023.30$12,194
Dec 202311666971.262.61$10,013
Nov 202310355977.892.81$9,592
Oct 202311660185.443.09$11,767
Sep 202310670989.042.74$11,377
Aug 202314467380.522.67$13,394
Jul 202315853674.852.64$13,242
Jun 202316256668.962.26$12,450
May 202320474470.622.23$16,064
Apr 202318872778.122.24$16,313
Mar 202320260372.852.39$16,159
Feb 202319463075.112.47$16,125
Jan 20232251,22176.533.39$21,356
Dec 20221171,68976.415.73$18,616
Nov 202217390285.005.65$19,798
Oct 202219178287.185.86$21,237
Sep 202220477884.888.16$23,667
Aug 202221469294.529.13$26,543
Jul 2022201688101.587.54$25,607
Jun 2022129963115.097.98$22,529
May 2022106512109.378.43$15,911
Apr 20221541,079104.226.84$23,428
Mar 2022100834108.885.08$15,122
Feb 202213288591.054.86$16,319
Jan 202211065881.844.54$11,988
Dec 202115629471.323.90$12,272
Nov 202119846277.435.24$17,751
Oct 202116387879.795.71$18,023
Sep 202116865769.865.35$15,252
Aug 202118879066.024.22$15,746
Jul 202116697270.783.98$15,620
Jun 202113169469.493.38$11,449
May 202121863663.483.02$15,758
Apr 202115959660.362.76$11,241
Mar 202119169661.302.72$13,599
Feb 202116596057.805.55$14,863
Jan 202116479050.412.81$10,487
Dec 202018043344.642.68$9,194
Nov 202021439738.772.71$9,371
Oct 202025284036.972.48$11,398
Sep 202014279737.091.99$6,854
Aug 20201661,09639.982.39$9,251
Jul 202012685038.371.83$6,386
Jun 20202051,67234.901.69$9,981
May 20200216.921.81$4
Apr 20202361,00514.751.80$5,294
Mar 202030039930.341.86$9,843
Feb 202015517649.881.98$8,080
Jan 202020580657.252.09$13,425
Dec 20191891,58959.012.30$14,815
Nov 201917987055.302.75$12,292
Oct 201917688453.472.42$11,549
Sep 201917213455.052.66$9,825
Aug 20191241553.112.30$6,620
Jul 2019152056.272.46$8,553
Jun 2019166052.782.49$8,761
May 20192111,38858.482.74$16,143
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20191441,31550.852.79$10,994
Jan 201918282546.033.23$11,041
Dec 20183481,13446.594.19$20,960
Nov 201813889452.934.24$11,092
Oct 20182029,04361.443.40$43,140
Sep 2018554,42759.543.11$17,034
Aug 20181192,49759.403.07$14,726
Jul 20181792,11765.142.93$17,867
Jun 20181871,69860.183.08$16,478
May 20181791,62965.382.90$16,428
Apr 20182411,77963.842.90$20,546
Mar 20183362,05561.222.79$26,297
Feb 20182312,23161.782.77$20,442
Jan 20181171,63762.874.01$13,919
Dec 20171684,02057.272.92$21,366
Nov 20172622,97955.423.12$23,810
Oct 20172482,82649.292.98$20,656
Sep 20172423,72947.523.09$23,012
Aug 20172722,51645.373.00$19,900
Jul 20172702,66543.873.09$20,073
Jun 20172822,76942.493.09$20,531
May 20172692,66045.373.26$20,885
Apr 20172962,87147.933.21$23,408
Mar 20173292,76846.772.98$23,646
Feb 20171953,10050.452.95$18,991
Jan 20172872,91049.413.42$24,129
Dec 20162622,84448.763.72$23,363
Nov 20162552,69842.492.64$17,969
Oct 20162962,83246.193.09$22,424
Sep 20162562,82541.553.10$19,396
Aug 20162493,86341.442.92$21,615
Jul 20163533,26641.622.92$24,243
Jun 20163192,96045.352.69$22,417
May 20163903,65042.521.99$23,850
Apr 20163984,73636.561.99$23,980
Mar 20164934,07933.011.79$23,592
Feb 20163523,28626.472.06$16,099
Jan 20164353,74827.352.36$20,759
Dec 20153834,62832.362.00$21,656
Nov 20153604,05338.792.17$22,749
Oct 20153756,17043.552.43$31,303
Sep 20154174,56342.992.76$30,514
Aug 20154824,84540.162.87$33,274
Jul 20155914,46748.152.95$41,612
Jun 20155393,90456.152.88$41,520
May 20156714,90755.212.96$51,548
Apr 20156015,08049.822.71$43,691
Mar 20159064,25542.892.93$51,346
Feb 20154875,35044.662.98$37,672
Jan 20156433,39043.433.10$38,437
Dec 20146073,82254.693.59$46,923
Nov 20145024,60270.464.25$54,938
Oct 20146434,48078.303.90$67,823
Sep 20146724,70786.164.05$76,941
Aug 20146395,35189.394.04$78,712
Jul 20146003,82196.564.18$73,906
Jun 20149006,99898.164.74$121,493
May 20147843,68394.734.73$91,676
Apr 20146675,24695.944.81$89,221
Mar 20141,4654,93995.895.06$165,454
Feb 20141,0392,08997.406.19$114,134
Jan 20141,1418,58990.404.86$144,895
Dec 20139664,38591.824.35$107,793
Nov 20135385,01988.853.74$66,564
Oct 20137886,29797.423.78$100,566
Sep 20131,3747,369104.113.72$170,443
Aug 20131,72210,872104.253.52$217,816
Jul 20131,1309,507102.523.72$151,192
Jun 20131,79210,54594.403.93$210,643
May 20132,10813,71294.834.15$256,794
Apr 20131,6379,55593.964.28$194,733
Mar 20132,21512,48693.623.91$256,224
Feb 20132,32314,73291.233.42$262,309
Jan 20132,83718,22691.603.42$322,200
Dec 20123,13617,78286.773.42$332,928
Nov 20123,65527,00786.953.62$415,702
Oct 20128,28334,49289.383.40$857,596
Sep 20125,43610,03594.672.92$543,912
Aug 20120092.662.91$0
Jul 20126,93026,14485.133.02$668,927
Jun 201205779.822.52$144

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           129 bbl  × $106.41 =    $13,727
Gas                  724 Mcf  × $  3.05 =     $2,205

────────────────────────────────────────────────────
Month total                                  $15,932

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/297823 is the state's own key, not one this site invented.