VESPER UNIT III 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 301235District 01Field 12018200Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.0 M
Sep 2017 – May 2026
Value, last 12 filed months
$790 k
at the published price for each month
Months reported
105
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-1112026-04-14238941

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
CondensateDisposition366,666 bbl$22,032,500
GasProduction1,474,096 Mcf$4,973,241
Total$27,005,741

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 28.5050, -99.4519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.50496, -99.45193 · 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
7,722 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 7,722 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-12737434E 1H7,722 ftSep 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 (105)

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

105 months

May 20267455,683106.413.05$96,585
Apr 20266684,54498.932.87$79,125
Mar 20266904,29489.753.15$75,451
Feb 20266624,07163.503.75$57,305
Jan 20267244,13359.138.00$75,866
Dec 20256253,21556.664.41$49,601
Nov 20255543,34158.593.93$45,577
Oct 20258355,27559.383.30$67,015
Sep 20257504,27262.743.08$60,200
Aug 20256483,20163.933.01$51,077
Jul 20257344,60266.743.32$64,244
Jun 20258064,56366.483.13$67,859
May 20258154,31060.553.23$63,280
Apr 20257954,88262.363.54$66,874
Mar 20258404,52167.704.27$76,165
Feb 20257374,13270.884.34$70,175
Jan 20251,0485,49774.324.28$101,407
Dec 20246293,47468.993.12$54,238
Nov 20249546,97069.052.20$81,197
Oct 20241,0487,16971.372.28$91,151
Sep 20241,0925,42469.612.36$88,838
Aug 20248114,53875.632.06$70,701
Jul 20241,2185,86379.932.15$109,940
Jun 20249074,47778.082.63$82,611
May 20241,2167,15978.812.20$111,572
Apr 20241,3916,20884.451.66$127,770
Mar 20241,4056,25880.301.55$122,491
Feb 20241,4496,39076.091.78$121,652
Jan 20248796,27673.023.30$84,881
Dec 20239796,43471.262.61$86,561
Nov 20239905577.892.81$77,266
Oct 20231,1947,40285.443.09$124,867
Sep 20239524,97089.042.74$98,359
Aug 20237677,14880.522.67$80,865
Jul 20231,0037,82474.852.64$95,744
Jun 20231,36641968.962.26$95,146
May 20231,19162170.622.23$85,492
Apr 20235404,31478.122.24$51,839
Mar 20231,21811,27872.852.39$115,721
Feb 20231,0789,55175.112.47$104,518
Jan 20231,25411,10476.533.39$133,586
Dec 20221,41811,64676.415.73$175,070
Nov 20221,33213,54085.005.65$189,670
Oct 20221,2249,98387.185.86$165,246
Sep 20221,2239,88084.888.16$184,465
Aug 20221,31410,48194.529.13$219,861
Jul 20221,1148,951101.587.54$180,669
Jun 20221,64514,786115.097.98$307,274
May 20221,70617,126109.378.43$331,009
Apr 20221,66112,732104.226.84$260,166
Mar 20221,86513,037108.885.08$269,242
Feb 20221,26710,40991.054.86$165,936
Jan 20221,29112,08281.844.54$160,480
Dec 20211,50612,90771.323.90$157,734
Nov 20211,67616,08077.435.24$213,981
Oct 20211,74616,10779.795.71$231,347
Sep 20211,27911,86669.865.35$152,845
Aug 20211,69215,36966.024.22$176,572
Jul 20212,03416,71270.783.98$210,515
Jun 20211,93915,28169.493.38$186,400
May 20212,09219,01863.483.02$190,190
Apr 20212,66417,88260.362.76$210,125
Mar 20212,50620,04161.302.72$208,068
Feb 20211,59316,07657.805.55$181,264
Jan 20212,66518,48450.412.81$186,288
Dec 20202,11920,32144.642.68$148,960
Nov 20202,51416,62938.772.71$142,475
Oct 20201,95415,92436.972.48$111,706
Sep 20201,95712,45037.091.99$97,374
Aug 20202,19014,98239.982.39$123,290
Jul 20202,30317,12138.371.83$119,614
Jun 20202,50616,17934.901.69$114,807
May 20202,47416,55916.921.81$71,911
Apr 20202,33914,83814.751.80$61,274
Mar 20202,10316,80330.341.86$94,995
Feb 20201,75211,05149.881.98$109,278
Jan 20202,85918,15557.252.09$201,708
Dec 20192,84116,82959.012.30$206,427
Nov 20192,79115,19355.302.75$196,134
Oct 20192,64316,29053.472.42$180,719
Sep 20193,00020,48655.052.66$219,587
Aug 20192,92218,91553.112.30$198,774
Jul 20193,72717,80656.272.46$253,522
Jun 20193,16517,69252.782.49$211,123
May 20192,75916,22358.482.74$205,803
Apr 20192,84019,70762.632.75$232,077
Mar 20193,35517,98456.803.06$245,633
Feb 20193,41918,59450.852.79$225,775
Jan 20193,89021,75846.033.23$249,295
Dec 20184,52823,77846.594.19$310,481
Nov 20185,21225,06952.934.24$382,095
Oct 20185,72428,67061.443.40$449,106
Sep 20186,41933,24459.543.11$485,510
Aug 20186,58437,65959.403.07$506,573
Jul 20187,12838,35965.142.93$576,782
Jun 20187,78333,83560.183.08$572,489
May 20189,18834,38565.382.90$700,455
Apr 201812,86055,59763.842.90$982,258
Mar 201816,93250,46161.222.79$1,177,204
Feb 201819,74228,52761.782.77$1,298,570
Jan 201826,73132,72362.874.01$1,811,775
Dec 201726,45030,81957.272.92$1,604,830
Nov 201733,86731,95755.423.12$1,976,563
Oct 201734,43724,18649.292.98$1,769,563
Sep 20170047.523.09$0

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           745 bbl  × $106.41 =    $79,275
Gas                5,683 Mcf  × $  3.05 =    $17,310

────────────────────────────────────────────────────
Month total                                  $96,585

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/301235 is the state's own key, not one this site invented.