BLACK HAND A

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 298377District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.9 M
Jul 2023 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
35
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-1112025-01-13235546

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
CondensateDisposition216,047 bbl$16,711,203
GasProduction843,083 Mcf$2,221,133
Total$18,932,336

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 28.5943, -98.2501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.59431, -98.25007 · 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
12,089 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 12,089 ft.

Completions filed
Jul 2023
1 of 1 wells

1 well

42-297363131H12,089 ftJul 2023

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 (35)

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

35 months

May 20261,0963,291106.413.05$126,649
Apr 20268753,55898.932.87$96,774
Mar 20268422,81489.753.15$84,432
Feb 20266522,34363.503.75$50,189
Jan 20268883,25459.138.00$78,533
Dec 20251,0063,65656.664.41$73,135
Nov 20259793,14158.593.93$69,693
Oct 20251,0593,56059.383.30$74,649
Sep 20259593,97162.743.08$72,386
Aug 20255482,72163.933.01$43,237
Jul 20251,3476,82366.743.32$112,518
Jun 20252,8267,55266.483.13$211,501
May 20253,0349,06660.553.23$213,013
Apr 20258584,61862.363.54$69,867
Mar 20253,64818,81267.704.27$327,265
Feb 20253,74917,80670.884.34$343,022
Jan 20254,17520,63074.324.28$398,555
Dec 20244,16323,47568.993.12$360,480
Nov 20244,39926,78669.052.20$362,638
Oct 20244,99230,60271.372.28$426,094
Sep 20245,60631,61369.612.36$464,978
Aug 20246,40237,73275.632.06$562,048
Jul 20243,98534,96179.932.15$393,568
Jun 20247,33939,89778.082.63$678,117
May 20248,71740,66278.812.20$776,380
Apr 20249,83649,52084.451.66$912,814
Mar 202412,33558,92480.301.55$1,081,546
Feb 202412,72251,33476.091.78$1,059,578
Jan 202415,66159,15773.023.30$1,338,646
Dec 202320,23964,57371.262.61$1,610,813
Nov 202319,70056,69977.892.81$1,693,619
Oct 202322,60459,98385.443.09$2,116,470
Sep 202321,11545,64389.042.74$2,004,915
Aug 20235,5559,92280.522.67$473,809
Jul 20232,1363,98474.852.64$170,405

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         1,096 bbl  × $106.41 =   $116,625
Gas                3,291 Mcf  × $  3.05 =    $10,024

────────────────────────────────────────────────────
Month total                                 $126,649

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/298377 is the state's own key, not one this site invented.