VESPER UNIT IV DIM

Operated by INEOS USA OIL & GAS LLC (P-5 424176) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 300403District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.1 M
Oct 2017 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
104
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
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 2013-04-09.

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: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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-1112025-12-11236862

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
CondensateDisposition439,374 bbl$26,431,993
GasProduction1,413,707 Mcf$4,624,950
Total$31,056,944

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 28.5177, -99.4681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.51769, -99.46806 · 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
7,673 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 7,673 ft.

Completions filed
Oct 2017
1 of 1 wells

1 well

42-12737425H 3H7,673 ftOct 2017

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 (104)

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

104 months

May 20261,0256,291106.413.05$128,232
Apr 20269826,16398.932.87$114,835
Mar 20261,1586,82589.753.15$125,425
Feb 20268735,89363.503.75$77,536
Jan 20261,2117,15659.138.00$128,840
Dec 20251,1727,06756.664.41$97,595
Nov 20251,1766,60258.593.93$94,824
Oct 20251,2416,04859.383.30$93,678
Sep 20251,3215,45162.743.08$99,652
Aug 20257611,91063.933.01$54,409
Jul 20259074,81466.743.32$76,493
Jun 20251,4958,25666.483.13$125,218
May 20251,6658,62860.553.23$128,704
Apr 20251,0735,07762.363.54$84,901
Mar 20251,5818,27967.704.27$142,371
Feb 20251,6677,30870.884.34$149,880
Jan 20251,72811,17774.324.28$176,248
Dec 20241,68110,23868.993.12$147,929
Nov 20241,2294,76769.052.20$95,342
Oct 20241,2627,45071.372.28$107,065
Sep 20241,0575,79869.612.36$87,286
Aug 20241,8019,37075.632.06$155,546
Jul 20241,7719,69779.932.15$162,372
Jun 20241,8688,56778.082.63$168,419
May 20241,5014,88378.812.20$129,029
Apr 20249413,02384.451.66$84,483
Mar 20241,2994,61880.301.55$111,445
Feb 20241,5747,49176.091.78$133,127
Jan 20241,41710,73473.023.30$138,866
Dec 20231,33512,16671.262.61$126,894
Nov 20238345,97777.892.81$81,741
Oct 20231,65410,07685.443.09$172,425
Sep 20231,5966,81889.042.74$160,755
Aug 20231,92812,07080.522.67$187,504
Jul 20232,1479,41574.852.64$185,576
Jun 20232,12810,52468.962.26$170,515
May 20231,61710,48470.622.23$137,545
Apr 20231,4898,87778.122.24$136,185
Mar 20231,4067,62172.852.39$120,665
Feb 20231,65011,59375.112.47$152,516
Jan 20232,01813,67276.533.39$200,754
Dec 20221,6919,33276.415.73$182,673
Nov 20221,5358,12585.005.65$176,350
Oct 20221,87812,26387.185.86$235,631
Sep 20222,24812,68484.888.16$294,358
Aug 20222,97413,83394.529.13$407,358
Jul 20221,7046,112101.587.54$219,190
Jun 20221,1381,482115.097.98$142,795
May 2022701347109.378.43$79,595
Apr 20229262,810104.226.84$115,721
Mar 2022606188108.885.08$66,936
Feb 20225402,00491.054.86$58,904
Jan 20221,68013,25781.844.54$197,647
Dec 20212,36318,70971.323.90$241,478
Nov 20212,99221,16577.435.24$342,508
Oct 20213,26218,39579.795.71$365,382
Sep 20212,33012,91069.865.35$231,854
Aug 20212,73814,86166.024.22$243,485
Jul 20212,17411,42770.783.98$199,379
Jun 20212,91415,59269.493.38$255,204
May 20212,3478,70063.483.02$175,241
Apr 20214,09815,31060.362.76$289,587
Mar 20213,93916,42061.302.72$286,073
Feb 20211,5666,05057.805.55$124,080
Jan 20213,37012,75950.412.81$205,738
Dec 20202,49913,44244.642.68$147,519
Nov 20202,2068,59538.772.71$108,790
Oct 20201,6976,59936.972.48$79,093
Sep 20203,18214,27737.091.99$146,446
Aug 20202,3827,22539.982.39$112,465
Jul 202091730538.371.83$35,742
Jun 20202,3099,12834.901.69$96,013
May 20202,88110,92616.921.81$68,574
Apr 20203,56913,53514.751.80$77,065
Mar 20203,74216,36330.341.86$143,906
Feb 20204,01820,13149.881.98$240,291
Jan 20202,5464,89757.252.09$156,016
Dec 20192,6058,41659.012.30$173,115
Nov 20193,56416,20455.302.75$241,662
Oct 20193,78419,28853.472.42$248,979
Sep 20194,16719,72855.052.66$281,816
Aug 20194,94827,46853.112.30$326,084
Jul 20195,55918,70056.272.46$358,808
Jun 20195,28217,34152.782.49$321,984
May 20195,68123,39158.482.74$396,324
Apr 20195,91525,94362.632.75$441,818
Mar 20195,58928,68756.803.06$405,298
Feb 20194,96328,69250.852.79$332,483
Jan 20196,08934,17046.033.23$390,584
Dec 20186,15828,70546.594.19$407,044
Nov 20186,29723,47952.934.24$432,786
Oct 20187,96328,50361.443.40$586,102
Sep 20187,93229,19359.543.11$563,003
Aug 20189,98235,91359.403.07$703,060
Jul 201810,08538,98265.142.93$771,227
Jun 201811,04732,87160.183.08$765,950
May 201812,40732,66065.382.90$905,910
Apr 201816,07746,28563.842.90$1,160,619
Mar 201821,78249,54261.222.79$1,471,560
Feb 201815,17714,90461.782.77$978,861
Jan 201822,00318,57662.874.01$1,457,806
Dec 201723,54418,25657.272.92$1,401,700
Nov 201730,53422,15955.423.12$1,761,294
Oct 201738,33926,61949.292.98$1,969,152

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         1,025 bbl  × $106.41 =   $109,070
Gas                6,291 Mcf  × $  3.05 =    $19,161

────────────────────────────────────────────────────
Month total                                 $128,232

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/300403 is the state's own key, not one this site invented.