VESPER 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 301234District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.2 M
Nov 2017 – May 2026
Value, last 12 filed months
$908 k
at the published price for each month
Months reported
103
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-1112026-04-14238938

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
CondensateDisposition300,656 bbl$18,579,753
GasProduction792,922 Mcf$2,616,451
Total$21,196,204

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 28.5070, -99.4152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.50702, -99.41524 · 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
7,700 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 7,700 ft.

Completions filed
Nov 2017
1 of 1 wells

1 well

42-28335976I 2H7,700 ftNov 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 (103)

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

103 months

May 20262814106.413.05$29,913
Apr 202633979398.932.87$35,813
Mar 20269823,69989.753.15$99,784
Feb 20261,0323,91263.503.75$80,203
Jan 20261,1733,97759.138.00$101,167
Dec 20251,1073,76856.664.41$79,352
Nov 20251,0823,31758.593.93$76,418
Oct 20251,1414,25359.383.30$81,808
Sep 20251,0363,51662.743.08$75,817
Aug 20251,1604,42563.933.01$87,499
Jul 20251,0853,57966.743.32$84,278
Jun 20259773,60766.483.13$76,236
May 20259674,18160.553.23$72,066
Apr 20251,0173,32762.363.54$75,208
Mar 202582495867.704.27$59,874
Feb 2025777070.884.34$55,074
Jan 2025726074.324.28$53,956
Dec 2024476068.993.12$32,839
Nov 2024794069.052.20$54,826
Oct 20246511,55171.372.28$50,000
Sep 20247523,30969.612.36$60,170
Aug 20246803,61575.632.06$58,888
Jul 20247782,26179.932.15$67,039
Jun 20247853,01678.082.63$69,237
May 20241,3834,40278.812.20$118,672
Apr 2024739084.451.66$62,409
Mar 20241,1463,35180.301.55$97,202
Feb 20241,3383,55976.091.78$108,156
Jan 202442382173.023.30$33,595
Dec 20239332,11571.262.61$72,007
Nov 20231,4014,90077.892.81$122,881
Oct 20231,3705,38385.443.09$133,672
Sep 20231,0473,72389.042.74$103,407
Aug 20238503,09280.522.67$76,707
Jul 20231,1944,52974.852.64$101,336
Jun 20231,3374,85968.962.26$103,173
May 20239933,20170.622.23$77,256
Apr 20237242,03378.122.24$61,108
Mar 20231,1063,12872.852.39$88,058
Feb 20231,2574,78375.112.47$106,207
Jan 20231,0984,83676.533.39$100,413
Dec 20221,5066,85576.415.73$154,346
Nov 20221,4317,09585.005.65$161,695
Oct 20221,6616,24687.185.86$181,431
Sep 20221,6377,43384.888.16$199,629
Aug 20221,6676,42994.529.13$216,243
Jul 20221,2864,802101.587.54$166,849
Jun 20221,2375,218115.097.98$183,991
May 20221,5064,982109.378.43$206,725
Apr 20221,8356,687104.226.84$236,967
Mar 20221,8898,559108.885.08$249,123
Feb 20221,6209,95491.054.86$195,866
Jan 20221,5207,05481.844.54$156,406
Dec 20211,9869,04371.323.90$176,901
Nov 20211,8687,30377.435.24$182,884
Oct 20211,5046,48179.795.71$157,036
Sep 20212,0719,82169.865.35$197,231
Aug 20211,9616,02666.024.22$154,899
Jul 20211,7455,77670.783.98$146,512
Jun 20211,6386,22469.493.38$134,866
May 20211,8905,41563.483.02$136,318
Apr 20211,177060.362.76$71,044
Mar 2021697061.302.72$42,726
Feb 2021702057.805.55$40,576
Jan 20211,2842,25050.412.81$71,050
Dec 20201,5574,59144.642.68$81,788
Nov 20201,9716,99838.772.71$95,356
Oct 20201,7135,95336.972.48$78,084
Sep 20202,2797,76337.091.99$99,985
Aug 20202,5548,77939.982.39$123,048
Jul 20202,3658,00138.371.83$105,348
Jun 20202,4988,83234.901.69$102,109
May 20202,4479,96316.921.81$59,484
Apr 20202,4699,44014.751.80$53,451
Mar 20202,4869,15430.341.86$92,417
Feb 20202,2477,27949.881.98$126,498
Jan 20202,51611,34457.252.09$167,804
Dec 20192,95712,49059.012.30$203,274
Nov 20193,26413,85655.302.75$218,613
Oct 20192,95014,56753.472.42$192,967
Sep 20193,32415,83955.052.66$225,075
Aug 20193,38615,96353.112.30$216,615
Jul 20193,43713,11856.272.46$225,671
Jun 20193,45012,82952.782.49$214,051
May 20193,75413,43858.482.74$256,358
Apr 20193,94810,03562.632.75$274,867
Mar 20194,03711,29856.803.06$263,897
Feb 20194,61910,66250.852.79$264,647
Jan 20191,6546,60446.033.23$97,453
Dec 20181,7943,62846.594.19$98,767
Nov 20181,00580752.934.24$56,614
Oct 20184,41914,89961.443.40$322,131
Sep 20186,17721,54659.543.11$434,744
Aug 20187,03022,67059.403.07$487,101
Jul 20187,73922,05365.142.93$568,775
Jun 20188,39426,69260.183.08$587,280
May 20189,88230,70665.382.90$735,157
Apr 201812,36337,33663.842.90$897,558
Mar 201816,94936,71561.222.79$1,139,937
Feb 201811,40713,45061.782.77$741,929
Jan 201826,54426,45062.874.01$1,774,868
Dec 201728,84920,07757.272.92$1,710,838
Nov 201713,9437,66155.423.12$796,611

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           281 bbl  × $106.41 =    $29,901
Gas                    4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                  $29,913

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/301234 is the state's own key, not one this site invented.