BUBBLING OVER

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19429District 01Field 69981125OilCasinghead gasSaveExport
Value, all time
$5.6 M
Mar 2018 – May 2026
Value, last 12 filed months
$257 k
at the published price for each month
Months reported
99
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 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
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 80 acres. The field rule took effect on 2025-06-17.

The Commission's schedule remark for this field reads: LEASE PLAT. PRORATION PLAT IS NOT REQUIRED.

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
OilDisposition86,759 bbl$5,505,091
Casinghead gasProduction45,776 Mcf$134,074
Total$5,639,165

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 28.5158, -99.6346. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.51577, -99.63458 · 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
6,634 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 6,634 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-127376881AH6,634 ftMar 2018

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 (99)

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

99 months

May 20263580106.413.05$38,095
Apr 2026743098.932.87$73,505
Mar 20260089.753.15$0
Feb 2026348063.503.75$22,098
Jan 2026350059.138.00$20,696
Dec 2025182056.664.41$10,312
Nov 2025327058.593.93$19,159
Oct 2025334059.383.30$19,833
Sep 2025334062.743.08$20,955
Aug 2025165063.933.01$10,548
Jul 20250066.743.32$0
Jun 2025335066.483.13$22,271
May 2025504060.553.23$30,517
Apr 2025341062.363.54$21,265
Mar 2025168067.704.27$11,374
Feb 20250070.884.34$0
Jan 2025165074.324.28$12,263
Dec 2024168068.993.12$11,590
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202402369.612.36$54
Aug 202402375.632.06$47
Jul 20245022479.932.15$40,176
Jun 20246762278.082.63$52,840
May 20245035678.812.20$39,765
Apr 20245042484.451.66$42,603
Mar 20243333180.301.55$26,788
Feb 20246832976.091.78$52,021
Jan 20243413173.023.30$25,002
Dec 20236732971.262.61$48,034
Nov 20233453077.892.81$26,956
Oct 20235053185.443.09$43,243
Sep 20235053089.042.74$45,047
Aug 20235003180.522.67$40,343
Jul 20236843174.852.64$51,279
Jun 20235123068.962.26$35,375
May 20233476270.622.23$24,643
Apr 20235373778.122.24$42,033
Mar 20237016272.852.39$51,216
Feb 2023705075.112.47$52,953
Jan 2023355076.533.39$27,168
Dec 2022518076.415.73$39,580
Nov 2022540085.005.65$45,900
Oct 2022358087.185.86$31,210
Sep 2022706084.888.16$59,925
Aug 2022899094.529.13$84,973
Jul 20225350101.587.54$54,345
Jun 20227160115.097.98$82,404
May 20225340109.378.43$58,404
Apr 20226980104.226.84$72,746
Mar 20221,0260108.885.08$111,711
Feb 2022497091.054.86$45,252
Jan 2022718081.844.54$58,761
Dec 2021802071.323.90$57,199
Nov 2021720077.435.24$55,750
Oct 2021713079.795.71$56,890
Sep 2021688069.865.35$48,064
Aug 20211,167066.024.22$77,045
Jul 2021695070.783.98$49,192
Jun 2021705069.493.38$48,990
May 20211,021063.483.02$64,813
Apr 20218512260.362.76$51,427
Mar 20218842361.302.72$54,252
Feb 20217111157.805.55$41,157
Jan 202184944750.412.81$44,054
Dec 20201,04713044.642.68$47,086
Nov 202088548238.772.71$35,616
Oct 20201,032036.972.48$38,153
Sep 20201,40075837.091.99$53,435
Aug 20201,5441,01239.982.39$64,143
Jul 20201,58369138.371.83$62,001
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20205479314.751.80$8,236
Mar 20201,03887030.341.86$33,108
Feb 202052491149.881.98$27,942
Jan 20201,02792457.252.09$60,731
Dec 20191,02937159.012.30$61,576
Nov 201987037155.302.75$49,132
Oct 20191,20960553.472.42$66,108
Sep 20191,05958655.052.66$59,855
Aug 20191,23160353.112.30$66,768
Jul 20191,05974056.272.46$61,410
Jun 20191,24113852.782.49$65,844
May 20191,39182558.482.74$83,606
Apr 20191,26268062.632.75$80,910
Mar 20191,25945556.803.06$72,904
Feb 20191,1051,30850.852.79$59,841
Jan 20192,0602,82546.033.23$103,941
Dec 20181,6821,93746.594.19$86,472
Nov 20181,8501,47852.934.24$104,183
Oct 20181,8642,13761.443.40$121,786
Sep 20182,4692,42259.543.11$154,532
Aug 20182,7642,59659.403.07$172,142
Jul 20182,7722,44465.142.93$187,734
Jun 20183,4143,77760.183.08$217,076
May 20185,5988,30365.382.90$390,083
Apr 20186,4703,63263.842.90$423,581
Mar 201819053361.222.79$13,117

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                  358 bbl  × $106.41 =    $38,095
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $38,095

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/19429 is the state's own key, not one this site invented.