PETERS FAMILY TRUST (ALLOCATION)

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 298260District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
Oct 2012 – May 2026
Value, last 12 filed months
$183 k
at the published price for each month
Months reported
164
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-1112024-12-05235563

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
CondensateDisposition135,583 bbl$10,295,250
GasProduction571,195 Mcf$2,087,989
Total$12,383,239

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 28.4267, -99.2536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42671, -99.25359 · 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
8,336 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 8,336 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-283331993H8,336 ftOct 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 (164)

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

164 months

May 2026195159106.413.05$21,234
Apr 202625213498.932.87$25,315
Mar 202620074689.753.15$20,299
Feb 20261413163.503.75$9,070
Jan 2026339059.138.00$20,045
Dec 202523913456.664.41$14,133
Nov 202520058.593.93$1,172
Oct 2025222259.383.30$13,189
Sep 20252508162.743.08$15,934
Aug 20251712063.933.01$10,992
Jul 2025209066.743.32$13,949
Jun 2025262366.483.13$17,427
May 2025143060.553.23$8,659
Apr 2025167062.363.54$10,414
Mar 2025237067.704.27$16,045
Feb 2025278070.884.34$19,705
Jan 20251651,67074.324.28$19,408
Dec 20241971,39768.993.12$17,952
Nov 202429762069.052.20$21,871
Oct 202434718571.372.28$25,187
Sep 202427243069.612.36$19,951
Aug 20242477275.632.06$18,829
Jul 2024496079.932.15$39,645
Jun 2024193078.082.63$15,069
May 202424078.812.20$1,891
Apr 20240084.451.66$0
Mar 2024593880.301.55$4,796
Feb 202441952276.091.78$32,813
Jan 202426942473.023.30$21,041
Dec 20232061,16271.262.61$17,713
Nov 202317060277.892.81$14,931
Oct 202328160685.443.09$25,880
Sep 202321874389.042.74$21,443
Aug 20233001,03780.522.67$26,928
Jul 202328398774.852.64$23,790
Jun 202333886968.962.26$25,271
May 202329199270.622.23$22,760
Apr 202331894578.122.24$26,957
Mar 202341957972.852.39$31,910
Feb 202318132475.112.47$14,394
Jan 202326991776.533.39$23,693
Dec 202237682476.415.73$33,451
Nov 202229380485.005.65$29,445
Oct 202228373187.185.86$28,958
Sep 202227082484.888.16$29,644
Aug 202226998794.529.13$34,434
Jul 2022247905101.587.54$31,916
Jun 20223201,014115.097.98$44,918
May 20222541,090109.378.43$36,972
Apr 20222931,201104.226.84$38,748
Mar 20222711,155108.885.08$35,370
Feb 20223001,07291.054.86$32,524
Jan 20222331,16381.844.54$24,346
Dec 20213141,70171.323.90$29,027
Nov 20212471,17877.435.24$25,294
Oct 20212761,33179.795.71$29,627
Sep 20212811,34769.865.35$26,838
Aug 20212491,19866.024.22$21,495
Jul 20213291,17070.783.98$27,946
Jun 20213561,22669.493.38$28,883
May 20212311,02763.483.02$17,763
Apr 202135784160.362.76$23,868
Mar 202127576161.302.72$18,925
Feb 202127171257.805.55$19,614
Jan 20212566950.412.81$13,099
Dec 202038724344.642.68$17,926
Nov 202031081938.772.71$14,235
Oct 20203081,19836.972.48$14,356
Sep 202025287337.091.99$11,085
Aug 202033068739.982.39$14,832
Jul 202048386838.371.83$20,117
Jun 20205181,48834.901.69$20,593
May 202001916.921.81$34
Apr 202046383314.751.80$8,332
Mar 202048469130.341.86$15,967
Feb 202036681449.881.98$19,868
Jan 202027441857.252.09$16,562
Dec 20193461,00459.012.30$22,731
Nov 201923497455.302.75$15,619
Oct 20193921,32853.472.42$24,172
Sep 20194471,53555.052.66$28,686
Aug 20193371,49853.112.30$21,350
Jul 20193371,35556.272.46$22,296
Jun 20194121,38152.782.49$25,186
May 20193661,47158.482.74$25,435
Apr 20193501,45062.632.75$25,909
Mar 20194111,85356.803.06$29,019
Feb 20194141,35250.852.79$24,827
Jan 20193731,48046.033.23$21,947
Dec 20183502,21446.594.19$25,573
Nov 20184452,07752.934.24$32,355
Oct 20182692,29861.443.40$24,336
Sep 20183112,16659.543.11$25,249
Aug 20184402,09859.403.07$32,570
Jul 20184421,87365.142.93$34,283
Jun 20183342,18560.183.08$26,823
May 20185152,32665.382.90$40,418
Apr 20183691,97663.842.90$29,289
Mar 20185282,17661.222.79$38,388
Feb 20184532,05161.782.77$33,660
Jan 20185473,51162.874.01$48,467
Dec 20175592,14457.272.92$38,278
Nov 20175262,25955.423.12$36,195
Oct 20176562,27049.292.98$39,107
Sep 20176272,33647.523.09$37,007
Aug 20175612,45045.373.00$32,813
Jul 20175992,89043.873.09$35,200
Jun 20176503,15542.493.09$37,359
May 20176402,84845.373.26$38,331
Apr 20175073,93347.933.21$36,932
Mar 20177115,08446.772.98$48,423
Feb 20179214,63150.452.95$60,138
Jan 20171,5318,20949.413.42$103,712
Dec 20161,5014,57448.763.72$90,217
Nov 201623942.492.64$1,001
Oct 20163911,07746.193.09$21,389
Sep 20164833,21441.553.10$30,034
Aug 20166392,96441.442.92$35,148
Jul 20166952,96441.622.92$37,594
Jun 20167992,84545.352.69$43,876
May 20168662,95642.521.99$42,708
Apr 20168353,23736.561.99$36,973
Mar 20168972,67733.011.79$34,413
Feb 20167772,22426.472.06$25,157
Jan 20169202,65927.352.36$31,449
Dec 20158261,60132.362.00$29,934
Nov 20156152,84138.792.17$30,013
Oct 20158093,85643.552.43$44,589
Sep 20157174,00642.992.76$41,874
Aug 20157644,30940.162.87$43,060
Jul 20157724,49848.152.95$50,419
Jun 20158184,29056.152.88$58,298
May 20159875,41455.212.96$70,493
Apr 20158585,08249.822.71$56,500
Mar 20151,0845,32442.892.93$62,117
Feb 20159485,05744.662.98$57,388
Jan 20151,1285,01643.433.10$64,542
Dec 20141,0215,23954.693.59$74,654
Nov 20149604,60970.464.25$87,238
Oct 20141,0175,63778.303.90$101,621
Sep 20141,1696,51386.164.05$127,069
Aug 20141,3149,13089.394.04$154,299
Jul 20141,1908,72296.564.18$151,361
Jun 20141,3718,47898.164.74$174,737
May 20141,4037,57594.734.73$168,710
Apr 20141,6437,78595.944.81$195,068
Mar 20141,4068,78695.895.06$179,250
Feb 20141,4608,65197.406.19$195,771
Jan 20141,6818,89090.404.86$195,174
Dec 20132,0089,15591.824.35$224,240
Nov 20131,80013,45688.853.74$210,232
Oct 20132,18413,13197.423.78$262,392
Sep 20132,19015,684104.113.72$286,310
Aug 20132,30017,609104.253.52$301,805
Jul 20132,97319,947102.523.72$378,950
Jun 20132,67820,28294.403.93$332,581
May 20132,99719,49494.834.15$365,088
Apr 20133,01916,32993.964.28$353,596
Mar 20134,79521,99193.623.91$534,956
Feb 20134,26023,71991.233.42$469,757
Jan 20136,45625,14991.603.42$677,377
Dec 20128,69321,45986.773.42$827,685
Nov 201213,11423,17386.953.62$1,224,264
Oct 20122,8092,35489.383.40$259,071

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           195 bbl  × $106.41 =    $20,750
Gas                  159 Mcf  × $  3.05 =       $484

────────────────────────────────────────────────────
Month total                                  $21,234

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/298260 is the state's own key, not one this site invented.