MARTIN RANCH B

Operated by VERDUN OIL & GAS LLC (P-5 884566) 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.

Oil lease lease 15932District 01Field 27135700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$108.0 M
Feb 2012 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
172
no gaps in the span
Streams
2
oil, casinghead 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”

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
OilDisposition1,356,295 bbl$96,527,828
Casinghead gasProduction3,433,585 Mcf$11,443,607
Total$107,971,435

Wells on this lease (8)

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 28.5047, -98.9161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

28.50471, -98.91663 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
9,318 ft
8 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.
8100.0%

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

Total depth in feet, 8 of 8 wells. Median 9,318 ft, with the middle half between 9,287 and 9,332 ft; the shallowest is 9,268 ft and the deepest 9,340 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Feb 2012 – May 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 2012 – May 2014
8 of 8 wells

8 wells

42-2833463031H9,309 ftMay 2014——
42-2833351714H9,292 ftMay 2014——
42-2833442833H9,329 ftMar 2014——
42-2833442766H9,340 ftFeb 2014——
42-2833374020H9,339 ftMay 2013——
42-283335529RH9,272 ftNov 2012——
42-2833346913H9,268 ftNov 2012——
42-283329524H9,327 ftFeb 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.

Leases whose centres are nearest (222)

Ranked by the distance between lease centres, within 5 miles. A lease has no coordinate the state files — each centre is the mean of that lease's own wells, so this measures how far apart two centres are and not whether the two leases touch.

LeaseOperatorCentres apart
MAK MARTIN SA 29VERDUN OIL & GAS LLC0.47 mi
MAK MARTIN SA 24VERDUN OIL & GAS LLC0.56 mi
GOTHAVERDUN OIL & GAS LLC0.56 mi
MAK MARTIN SA 28VERDUN OIL & GAS LLC0.63 mi
NAYLOR JONES UNIT 63EOG RESOURCES, INC.0.64 mi
MAK MARTIN SA 25VERDUN OIL & GAS LLC0.72 mi
MAK MARTIN SA 61VERDUN OIL & GAS LLC0.80 mi
MAK MARTIN SA 62VERDUN OIL & GAS LLC0.89 mi
MARTIN RANCH AVERDUN OIL & GAS LLC1.05 mi
OSAGE UNITEOG RESOURCES, INC.1.51 mi

The 10 nearest are listed. 222 leases in all have a centre within 5 miles of this one.

Operators who reported on those leases

Taken from the same 5-mile set above. This is who filed production, not who holds acreage — the state publishes no acreage register.

Every month this lease reported (172)

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

172 months

May 20262,0394,146106.413.05$229,598
Apr 20261,6534,47998.932.87$176,385
Mar 20262,1924,30489.753.15$210,287
Feb 20262,0253,51663.503.75$141,774
Jan 20261,1813,80659.138.00$100,273
Dec 20251,7633,97556.664.41$117,435
Nov 20251,3934,23758.593.93$98,252
Oct 20251,4013,12459.383.30$93,516
Sep 20251,9693,87662.743.08$135,461
Aug 20251,4504,60063.933.01$106,566
Jul 20251,3644,07666.743.32$104,546
Jun 20251,8764,58066.483.13$139,046
May 20251,8644,88460.553.23$128,652
Apr 20251,5983,94462.363.54$113,625
Mar 20252,2074,69467.704.27$169,449
Feb 20252,0582,98070.884.34$158,807
Jan 20251,6763,41174.324.28$139,155
Dec 20242,2784,41568.993.12$170,940
Nov 20242,2614,65569.052.20$166,356
Oct 20242,4535,53671.372.28$187,700
Sep 20242,0324,83469.612.36$152,877
Aug 20241,8574,22175.632.06$149,155
Jul 20241,8242,93279.932.15$152,086
Jun 20242,1284,45478.082.63$177,886
May 20241,9894,04178.812.20$165,637
Apr 20243,2586,64384.451.66$286,160
Mar 20243,2597,22180.301.55$272,855
Feb 20243,1156,54476.091.78$248,692
Jan 20243,8456,96473.023.30$303,727
Dec 20233,9357,04971.262.61$298,811
Nov 20233,5708,75777.892.81$302,653
Oct 20231,7514,28585.443.09$162,834
Sep 20231,3373,23889.042.74$127,903
Aug 20232,4485,69980.522.67$212,346
Jul 20232,3924,73274.852.64$191,542
Jun 20232,2925,02268.962.26$169,398
May 20232,3374,95670.622.23$176,078
Apr 20232,7844,96678.122.24$228,599
Mar 20233,0596,76172.852.39$239,028
Feb 20232,4783,98675.112.47$195,951
Jan 20232,85414,45276.533.39$267,376
Dec 20222,2592,04576.415.73$184,326
Nov 20222,7391,80785.005.65$243,018
Oct 20223,1152,09487.185.86$283,844
Sep 20221,4231,05584.888.16$129,397
Aug 20222,4977,54694.529.13$304,890
Jul 20222,66710,218101.587.54$347,979
Jun 20222,6259,731115.097.98$379,737
May 20223,13210,057109.378.43$427,358
Apr 20223,1496,680104.226.84$373,864
Mar 20222,3955,520108.885.08$288,789
Feb 20222,8596,50091.054.86$291,894
Jan 20223,5856,35681.844.54$322,238
Dec 20213,4837,32871.323.90$276,980
Nov 20213,2346,59577.435.24$284,946
Oct 20212,2576,06779.795.71$214,752
Sep 20213,1259,76769.865.35$270,575
Aug 20213,50113,33866.024.22$287,430
Jul 20213,30014,07570.783.98$289,622
Jun 20213,84614,69969.493.38$316,950
May 20213,89120,63563.483.02$309,270
Apr 20213,66315,89260.362.76$264,935
Mar 20214,31516,38961.302.72$309,037
Feb 20213,10912,19857.805.55$247,374
Jan 20213,89017,04450.412.81$243,993
Dec 20204,24615,37244.642.68$230,669
Nov 20205,08412,22938.772.71$230,205
Oct 20203,79710,50336.972.48$166,406
Sep 20203,41611,12937.091.99$148,858
Aug 20203,33913,36739.982.39$165,375
Jul 20206,24611,77638.371.83$261,152
Jun 20201,9301,69534.901.69$70,222
May 20201,2523,02616.921.81$26,675
Apr 20203,48012,83714.751.80$74,493
Mar 20203,95515,80530.341.86$149,332
Feb 20203,84215,79149.881.98$222,916
Jan 20204,45818,39457.252.09$293,751
Dec 20194,36916,87959.012.30$296,710
Nov 20194,03816,85455.302.75$269,662
Oct 20194,53320,10353.472.42$290,999
Sep 20194,66720,17155.052.66$310,518
Aug 20194,98921,71053.112.30$314,993
Jul 20195,05620,67556.272.46$335,363
Jun 20194,74317,88352.782.49$294,886
May 20194,95818,10658.482.74$339,560
Apr 20194,73323,04062.632.75$359,804
Mar 20195,26926,13356.803.06$379,301
Feb 20194,45811,91550.852.79$259,959
Jan 20194,98411,57346.033.23$266,773
Dec 20185,03412,30346.594.19$286,028
Nov 20184,92013,61752.934.24$318,114
Oct 20185,45913,65261.443.40$381,792
Sep 20185,08710,61259.543.11$335,862
Aug 20185,53410,13459.403.07$359,796
Jul 20185,02210,58865.142.93$358,176
Jun 20182,4279,22760.183.08$174,448
May 20182,0658,34865.382.90$159,226
Apr 20184,74616,54763.842.90$350,984
Mar 20185,48415,48661.222.79$378,887
Feb 20185,08025,76061.782.77$385,098
Jan 20186,43517,46862.874.01$474,603
Dec 20176,04532,67857.272.92$441,667
Nov 20176,24518,89655.423.12$405,022
Oct 20176,66316,66849.292.98$378,151
Sep 20177,02215,52347.523.09$381,609
Aug 20176,72216,32345.373.00$354,018
Jul 20175,70314,83943.873.09$296,003
Jun 20176,09518,85542.493.09$317,187
May 20176,54620,58845.373.26$364,179
Apr 20176,76120,65247.933.21$390,381
Mar 20177,41722,40546.772.98$413,742
Feb 20176,61523,36550.452.95$402,714
Jan 20177,78721,03049.413.42$456,653
Dec 20168,14121,62548.763.72$477,461
Nov 20167,63218,80242.492.64$374,003
Oct 20163,88518,46046.193.09$236,494
Sep 20166,90234,07341.553.10$392,426
Aug 20168,81833,04741.442.92$462,059
Jul 20168,81936,45541.622.92$473,654
Jun 20168,86340,16645.352.69$509,816
May 20169,76538,80442.521.99$492,468
Apr 20169,62930,46636.561.99$412,695
Mar 201610,43730,58933.011.79$399,402
Feb 20169,79033,79326.472.06$328,878
Jan 201611,81945,29027.352.36$430,332
Dec 201511,87737,79232.362.00$459,977
Nov 201512,28738,84738.792.17$560,807
Oct 201512,57641,14043.552.43$647,514
Sep 201513,76756,29842.992.76$747,137
Aug 201514,81962,19140.162.87$773,774
Jul 201515,82055,89048.152.95$926,334
Jun 201517,91249,49756.152.88$1,148,452
May 201517,10550,47755.212.96$1,093,549
Apr 201518,97937,21349.822.71$1,046,253
Mar 201522,56942,66242.892.93$1,093,185
Feb 201523,34643,04544.662.98$1,170,742
Jan 201527,10840,91543.433.10$1,304,163
Dec 201426,87946,58354.693.59$1,637,309
Nov 201426,87352,61370.464.25$2,117,174
Oct 201430,82156,20478.303.90$2,632,534
Sep 201428,31941,86586.164.05$2,609,327
Aug 201412,34634,47389.394.04$1,242,712
Jul 201442,46553,44296.564.18$4,323,787
Jun 201438,62549,12898.164.74$4,024,143
May 201422,32635,02794.734.73$2,280,499
Apr 201420,85338,34495.944.81$2,185,038
Mar 201424,61030,99995.895.06$2,516,609
Feb 20145,17220,56197.406.19$631,067
Jan 201411,64436,80890.404.86$1,231,531
Dec 201314,57740,19191.824.35$1,513,471
Nov 20138,72436,08588.853.74$910,023
Oct 201313,88162,50597.423.78$1,588,516
Sep 201320,49776,988104.113.72$2,420,164
Aug 201324,15472,335104.253.52$2,772,862
Jul 201327,05774,619102.523.72$3,051,298
Jun 201330,41063,56694.403.93$3,120,735
May 201319,51442,28494.834.15$2,025,952
Apr 201323,70354,02793.964.28$2,458,509
Mar 201322,35341,40593.623.91$2,254,700
Feb 201325,18443,03791.233.42$2,444,719
Jan 201333,83551,06191.603.42$3,273,910
Dec 201234,10931,17086.773.42$3,066,244
Nov 20127,6376,31186.953.62$686,914
Oct 20121,96210,18289.383.40$209,979
Sep 20122,1489,79094.672.92$231,922
Aug 20122,75011,98392.662.91$289,663
Jul 20123,42011,90585.133.02$327,107
Jun 20124,25513,03079.822.52$372,457
May 20125,78111,36491.612.49$557,875
Apr 20127,30823,511101.652.00$789,805
Mar 201211,43710,523105.052.22$1,224,840
Feb 20123,941968101.102.57$400,923

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
Oil                2,039 bbl  × $106.41 =   $216,970
Casinghead gas     4,146 Mcf  × $  3.05 =    $12,628

────────────────────────────────────────────────────
Month total                                 $229,598

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/O/15932 is the state's own key, not one this site invented.