RED BARON C

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 290131District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.1 M
Jan 2020 – May 2026
Value, last 12 filed months
$635 k
at the published price for each month
Months reported
77
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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

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-1112021-05-25228652

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
CondensateDisposition274,282 bbl$19,929,264
GasProduction1,007,125 Mcf$4,218,713
Total$24,147,978

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 28.6117, -98.2344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.61173, -98.23442 · 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
12,017 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 12,017 ft.

Completions filed
Feb 2021
1 of 1 wells

1 well

42-29736049312,017 ftFeb 2021

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 (77)

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

77 months

May 20268125,061106.413.05$101,820
Apr 20265602,98898.932.87$63,976
Mar 20264245,41089.753.15$55,092
Feb 20267489,98163.503.75$84,930
Jan 20262059.138.00$118
Dec 2025121056.664.41$6,856
Nov 202522862058.593.93$15,793
Oct 202516124259.383.30$10,360
Sep 20254432,53162.743.08$35,582
Aug 20258705,61863.933.01$72,556
Jul 20251,2478,51666.743.32$111,457
Jun 202566410,21966.483.13$76,115
May 20254681,53060.553.23$33,283
Apr 20251,0396,55862.363.54$88,028
Mar 2025140067.704.27$9,478
Feb 20257774,26770.884.34$73,596
Jan 20258345,13074.324.28$83,933
Dec 20244981,16468.993.12$37,990
Nov 20245233,19969.052.20$43,146
Oct 20241,0707,12571.372.28$92,621
Sep 20241,1717,01669.612.36$98,102
Aug 20241,1767,07075.632.06$103,531
Jul 20241,4336,86279.932.15$129,270
Jun 20249625,62978.082.63$89,940
May 20241,2138,71578.812.20$114,756
Apr 20246705,02384.451.66$64,916
Mar 20241,0647,09380.301.55$96,399
Feb 20241,3038,09976.091.78$113,591
Jan 20241,4509,02573.023.30$135,640
Dec 20231,3319,09371.262.61$118,586
Nov 20231,3299,46477.892.81$130,087
Oct 20231,5559,95285.443.09$163,584
Sep 20231,5739,98089.042.74$167,356
Aug 20231,2019,68680.522.67$122,594
Jul 20231,81910,87674.852.64$164,884
Jun 20231,86010,22368.962.26$151,354
May 20231,95111,35470.622.23$163,070
Apr 20231,9039,75878.122.24$170,498
Mar 20231,87411,25972.852.39$163,465
Feb 20232,32511,83875.112.47$203,819
Jan 20232,80913,51376.533.39$260,751
Dec 20222,87913,83376.415.73$299,235
Nov 20223,03313,87385.005.65$336,135
Oct 20223,65417,16787.185.86$419,219
Sep 20223,29117,27884.888.16$420,392
Aug 20223,14217,25794.529.13$454,489
Jul 20223,12516,346101.587.54$440,720
Jun 20223,64417,394115.097.98$558,143
May 20224,04818,532109.378.43$599,011
Apr 20224,03218,842104.226.84$549,049
Mar 20224,76421,344108.885.08$627,055
Feb 20224,72420,54391.054.86$529,935
Jan 20226,09126,56581.844.54$619,031
Dec 20217,29131,27771.323.90$641,947
Nov 20218,42336,06977.435.24$841,081
Oct 202111,16746,60479.795.71$1,157,304
Sep 202112,32542,74369.865.35$1,089,739
Aug 202117,74744,95866.024.22$1,361,406
Jul 202117,67543,27670.783.98$1,423,365
Jun 202121,48458,98269.493.38$1,692,319
May 202124,49064,34863.483.02$1,748,806
Apr 202128,59871,96560.362.76$1,924,685
Mar 202123,00048,61161.302.72$1,541,973
Feb 202112,05427,63157.805.55$850,017
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$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           812 bbl  × $106.41 =    $86,405
Gas                5,061 Mcf  × $  3.05 =    $15,415

────────────────────────────────────────────────────
Month total                                 $101,820

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. 02/G/290131 is the state's own key, not one this site invented.