GASKIN

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 296681District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.3 M
Apr 2019 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
86
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-1112024-04-30234236

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
CondensateDisposition425,605 bbl$25,509,865
GasProduction1,492,948 Mcf$4,806,952
Total$30,316,817

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 28.7439, -98.0920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.74387, -98.09196 · 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
11,373 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 11,373 ft.

Completions filed
Apr 2019
1 of 1 wells

1 well

42-29735947611,373 ftApr 2019

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 (86)

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

86 months

May 20261,8224,447106.413.05$207,424
Apr 20261,7904,33798.932.87$189,531
Mar 20261,9776,30889.753.15$197,302
Feb 20261,2544,90363.503.75$98,017
Jan 20261,4143,70059.138.00$113,202
Dec 20251,8124,96856.664.41$124,593
Nov 20252,1136,63458.593.93$149,849
Oct 20252,2067,08459.383.30$154,404
Sep 20251,5565,23362.743.08$113,725
Aug 20251,4104,91463.933.01$104,956
Jul 20251,3874,46866.743.32$107,381
Jun 20251,4644,25566.483.13$110,639
May 20251,9494,62360.553.23$132,955
Apr 20251,7564,77462.363.54$126,419
Mar 20251,4235,01967.704.27$117,760
Feb 20251,8175,35270.884.34$152,021
Jan 20255911,76374.324.28$51,466
Dec 20245472,02968.993.12$44,071
Nov 20241,0802,68669.052.20$80,479
Oct 20241,5803,76371.372.28$121,350
Sep 202417351369.612.36$13,255
Aug 202461075.632.06$4,613
Jul 20241,8393,21779.932.15$153,897
Jun 20241,6903,15278.082.63$140,258
May 20241,4304,15178.812.20$121,824
Apr 20244263,01084.451.66$40,970
Mar 20244741,85280.301.55$40,924
Feb 20249654,21676.091.78$80,947
Jan 20248387,34173.023.30$85,399
Dec 20231,4046,92771.262.61$118,134
Nov 20231,9117,66777.892.81$170,373
Oct 20232,0048,80485.443.09$198,402
Sep 20232,0959,95089.042.74$213,752
Aug 20231,8248,95780.522.67$170,809
Jul 20232,3258,17474.852.64$195,620
Jun 20232,5588,44768.962.26$195,477
May 20231,9257,98570.622.23$153,729
Apr 20232,53912,13278.122.24$225,495
Mar 20232,7176,60972.852.39$213,750
Feb 20232,7358,58975.112.47$226,604
Jan 20232,1528,84676.533.39$194,660
Dec 20222,5698,99876.415.73$247,848
Nov 20223,7989,25485.005.65$375,080
Oct 20223,34910,49287.185.86$353,488
Sep 20222,97912,02384.888.16$351,009
Aug 20222,97813,37494.529.13$403,547
Jul 20222,89012,540101.587.54$388,144
Jun 20222,65613,185115.097.98$410,858
May 20222,93216,298109.378.43$458,115
Apr 20222,84813,873104.226.84$391,677
Mar 20223,06413,290108.885.08$401,074
Feb 20224,13315,74391.054.86$452,802
Jan 20224,17018,96081.844.54$427,307
Dec 20215,02319,94371.323.90$436,001
Nov 20215,05621,04577.435.24$501,696
Oct 20215,49224,24479.795.71$576,734
Sep 20215,45625,46869.865.35$517,433
Aug 20215,73927,02966.024.22$492,967
Jul 20216,36725,58770.783.98$552,546
Jun 20216,61026,52069.493.38$548,983
May 20218,54929,92263.483.02$632,985
Apr 20217,46832,68060.362.76$540,914
Mar 20218,19832,28261.302.72$590,246
Feb 20214,46616,29857.805.55$348,555
Jan 20218,70140,54950.412.81$552,571
Dec 20209,56149,12644.642.68$558,238
Nov 202011,77547,25438.772.71$584,413
Oct 202010,57035,36836.972.48$478,430
Sep 20209,48624,37837.091.99$400,373
Aug 202012,10032,08739.982.39$560,289
Jul 20209,39126,33838.371.83$408,403
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201,5445,94514.751.80$33,501
Mar 202014,14661,02730.341.86$542,470
Feb 202015,85265,85949.881.98$921,143
Jan 202018,68469,38757.252.09$1,215,007
Dec 201920,86183,54659.012.30$1,423,528
Nov 201923,01776,19355.302.75$1,482,424
Oct 201925,49077,27353.472.42$1,549,838
Sep 201919,78162,12655.052.66$1,254,030
Aug 201922,58043,62253.112.30$1,299,745
Jul 201913,87220,65656.272.46$831,392
Jun 20196,37111,36752.782.49$364,579
May 20190058.482.74$0
Apr 20190062.632.75$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         1,822 bbl  × $106.41 =   $193,879
Gas                4,447 Mcf  × $  3.05 =    $13,545

────────────────────────────────────────────────────
Month total                                 $207,424

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/296681 is the state's own key, not one this site invented.