HAUGLUM 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 299304District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.0 M
Mar 2020 – May 2026
Value, last 12 filed months
$950 k
at the published price for each month
Months reported
75
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-1112025-06-19236542

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
CondensateDisposition313,343 bbl$19,557,662
GasProduction1,015,232 Mcf$3,454,034
Total$23,011,696

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 28.5803, -98.2868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.58035, -98.28684 · 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
12,236 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 12,236 ft.

Completions filed
Mar 2020
1 of 1 wells

1 well

42-297359915H12,236 ftMar 2020

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 (75)

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

75 months

May 202693212,998106.413.05$138,764
Apr 20265014,43598.932.87$62,291
Mar 20266003,25189.753.15$64,089
Feb 20261,4907,11763.503.75$121,306
Jan 20261,0707,54859.138.00$123,637
Dec 20251,3573,08756.664.41$90,512
Nov 20258042,79758.593.93$58,089
Oct 20258157,50059.383.30$73,181
Sep 20256678,76362.743.08$68,811
Aug 20257378,60963.933.01$73,070
Jul 20254765,47066.743.32$49,902
Jun 20253281,43266.483.13$26,286
May 202519621260.553.23$12,553
Apr 20257621,61762.363.54$53,248
Mar 20257901,33867.704.27$59,194
Feb 202561839370.884.34$45,510
Jan 20251,4862,92874.324.28$122,968
Dec 202437646068.993.12$27,376
Nov 202470623269.052.20$49,259
Oct 20242,2592,10771.372.28$166,032
Sep 20241,80064569.612.36$126,823
Aug 20241,45049075.632.06$110,675
Jul 20241,04657979.932.15$84,850
Jun 20242,3256,16778.082.63$197,780
May 20241,9765,63878.812.20$168,123
Apr 20241,9996,77784.451.66$180,060
Mar 20241,9175,29180.301.55$162,110
Feb 202436434376.091.78$28,309
Jan 20241,39493673.023.30$104,876
Dec 20233,2957,22171.262.61$253,654
Nov 20233,2784,32877.892.81$267,475
Oct 20231,23138585.443.09$106,365
Sep 20232,04849589.042.74$183,708
Aug 20233,5007,82080.522.67$302,722
Jul 20233,0796,51274.852.64$247,667
Jun 20232,6827,44668.962.26$201,767
May 20232,7357,24470.622.23$209,281
Apr 20232,9105,96478.122.24$240,675
Mar 20233,3047,90672.852.39$259,617
Feb 20232,3793,96475.112.47$188,461
Jan 20233,0568,58076.533.39$262,942
Dec 20222,4889,48276.415.73$244,431
Nov 20223,06710,58485.005.65$320,454
Oct 20223,4888,85687.185.86$356,013
Sep 20225,98842184.888.16$511,698
Aug 20223,88110,22194.529.13$460,121
Jul 20224,67511,222101.587.54$559,524
Jun 20224,6631,078115.097.98$545,264
May 20225,34012,346109.378.43$688,150
Apr 20225,03912,254104.226.84$608,953
Mar 20224,86613,994108.885.08$600,849
Feb 20223,97312,97191.054.86$424,766
Jan 20224,22313,31581.844.54$406,030
Dec 20214,04715,57571.323.90$349,361
Nov 20214,36214,86477.435.24$415,590
Oct 20215,12115,93879.795.71$499,672
Sep 20215,11120,51769.865.35$466,839
Aug 20215,38324,65866.024.22$459,457
Jul 20216,81833,04870.783.98$614,178
Jun 20218,04239,66169.493.38$692,917
May 202110,42148,09663.483.02$806,663
Apr 202111,07849,69060.362.76$805,734
Mar 20217,92935,74061.302.72$583,151
Feb 20215,57421,22557.805.55$439,932
Jan 202112,05550,30750.412.81$749,069
Dec 202015,11359,55744.642.68$833,987
Nov 202017,74063,60338.772.71$859,926
Oct 202019,69365,20436.972.48$889,654
Sep 202025,08275,86037.091.99$1,081,332
Aug 202017,39845,49239.982.39$804,075
Jul 20206,09113,67638.371.83$258,672
Jun 20203,5776,82334.901.69$136,370
May 20200016.921.81$0
Apr 20204,21412,83714.751.80$85,319
Mar 20202,0659,09230.341.86$79,529

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           932 bbl  × $106.41 =    $99,174
Gas               12,998 Mcf  × $  3.05 =    $39,590

────────────────────────────────────────────────────
Month total                                 $138,764

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/299304 is the state's own key, not one this site invented.