RUBENSTEIN UNIT

Operated by VERDUN OIL & GAS LLC (P-5 884566) in the CLAY, NE (AUSTIN CHALK 11350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149586District 03Field 187050702 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
May 1994 – May 2026
Value, last 12 filed months
$8
at the published price for each month
Months reported
385
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1981-07-23
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1992-06-08.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 2-1-95.

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
High Cost Gas221994-12-01 – 2003-01-172 dockets
NGPA2none

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
CondensateDisposition112,841 bbl$2,800,779
GasProduction3,029,601 Mcf$6,621,957
Total$9,422,736

1,499,491 Mcf of this lease's gas, across 32 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.3955, -96.3456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.39550, -96.34564 · 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
16,209 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 16,209 ft.

Completions filed
Feb 2002
1 of 1 wells

1 well

42-051334271H16,209 ftFeb 2002

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 (385)

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

385 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260163.503.75$4
Jan 20260059.138.00$0
Dec 20250156.664.41$4
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
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
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190146.033.23$3
Dec 20180446.594.19$17
Nov 201801852.934.24$76
Oct 201804361.443.40$146
Sep 201805759.543.11$177
Aug 201808659.403.07$264
Jul 20180065.142.93$0
Jun 20180360.183.08$9
May 201804365.382.90$125
Apr 2018013363.842.90$386
Mar 201808061.222.79$223
Feb 2018010261.782.77$282
Jan 201801462.874.01$56
Dec 201704757.272.92$137
Nov 201705955.423.12$184
Oct 2017011349.292.98$337
Sep 2017012747.523.09$392
Aug 2017014045.373.00$421
Jul 2017012743.873.09$392
Jun 2017017542.493.09$540
May 2017017545.373.26$571
Apr 2017028347.933.21$909
Mar 201706446.772.98$191
Feb 2017017950.452.95$529
Jan 201704649.413.42$157
Dec 2016079848.763.72$2,971
Nov 2016034342.492.64$907
Oct 2016022446.193.09$692
Sep 201603,16141.553.10$9,801
Aug 201602,11541.442.92$6,185
Jul 2016035241.622.92$1,029
Jun 201601,52945.352.69$4,107
May 2016036542.521.99$727
Apr 2016039836.561.99$792
Mar 2016038633.011.79$692
Feb 2016031926.472.06$658
Jan 2016034127.352.36$806
Dec 2015032132.362.00$642
Nov 2015033638.792.17$728
Oct 2015037743.552.43$915
Sep 2015046242.992.76$1,274
Aug 2015042640.162.87$1,224
Jul 2015031148.152.95$916
Jun 201516626456.152.88$10,082
May 2015025555.212.96$754
Apr 201506749.822.71$181
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015087843.433.10$2,722
Dec 20141851,18354.693.59$14,366
Nov 201401,25070.464.25$5,315
Oct 201401,53778.303.90$5,996
Sep 20141741,60086.164.05$21,465
Aug 201401,84889.394.04$7,457
Jul 201402,17396.564.18$9,082
Jun 20141784,24098.164.74$37,557
May 20143494,25794.734.73$53,182
Apr 201402,78795.944.81$13,403
Mar 20140095.895.06$0
Feb 20140397.406.19$19
Jan 2014016890.404.86$817
Dec 2013056591.824.35$2,460
Nov 2013015588.853.74$579
Oct 2013042297.423.78$1,595
Sep 20130688104.113.72$2,558
Aug 20130532104.253.52$1,874
Jul 20130587102.523.72$2,182
Jun 2013035194.403.93$1,381
May 2013076794.834.15$3,182
Apr 2013072693.964.28$3,109
Mar 2013046293.623.91$1,808
Feb 2013049891.233.42$1,703
Jan 2013058891.603.42$2,011
Dec 2012060786.773.42$2,076
Nov 2012054386.953.62$1,968
Oct 2012072689.383.40$2,468
Sep 2012057994.672.92$1,690
Aug 2012062892.662.91$1,826
Jul 2012080885.133.02$2,441
Jun 2012088579.822.52$2,229
May 2012064891.612.49$1,612
Apr 20120392101.652.00$783
Mar 20120181105.052.22$402
Feb 201201,081101.102.57$2,778
Jan 20121861,85298.092.73$23,308
Dec 201101,02596.873.24$3,321
Nov 201101,65995.723.31$5,493
Oct 201112,33184.983.65$8,590
Sep 20111873,18583.623.99$28,332
Aug 201113,18083.404.15$13,278
Jul 201103,77694.144.52$17,057
Jun 20111872,60892.904.64$29,473
May 201112,25898.134.40$10,044
Apr 201102,156105.964.33$9,343
Mar 201112,55396.364.06$10,455
Feb 201102,21085.644.18$9,238
Jan 20111951,48286.504.59$23,668
Dec 201001,56185.734.35$6,787
Nov 201001,06280.843.80$4,031
Oct 20101961,99978.103.51$22,322
Sep 201001,25672.633.98$4,998
Aug 201002,06273.684.42$9,113
Jul 20101941,65072.554.74$21,890
Jun 201001,82770.364.91$8,971
May 201002,44271.124.24$10,342
Apr 20101731,91181.694.12$22,011
Mar 201002,82078.394.39$12,376
Feb 20101982,26073.585.44$26,869
Jan 201001,20974.365.96$7,211
Dec 20091881,32771.445.48$20,708
Nov 2009193874.593.75$3,594
Oct 200911,91572.544.11$7,944
Sep 20091962,52665.543.06$20,587
Aug 200911,60767.423.22$5,240
Jul 20091922,02961.133.46$18,766
Jun 200901,98966.163.90$7,747
May 200902,27754.743.93$8,939
Apr 20091852,02646.773.59$15,921
Mar 200902,72142.144.06$11,045
Feb 20091972,32932.814.63$17,254
Jan 200902,91435.865.37$15,651
Dec 20082002,42037.105.98$21,885
Nov 200802,43255.496.86$16,684
Oct 20081982,43275.246.92$31,732
Sep 200803,566101.767.88$28,090
Aug 20081793,689114.228.48$51,739
Jul 200802,185131.0811.39$24,886
Jun 200800131.3313.03$0
May 200801,513123.1711.57$17,512
Apr 20082003,624110.3110.45$59,950
Mar 20082004,732101.909.66$66,110
Feb 20082024,56692.538.77$58,738
Jan 20082025,19090.388.21$60,845
Dec 20072013,61488.337.30$44,144
Nov 20072034,14691.677.29$48,840
Oct 20072003,45482.856.92$40,479
Sep 20071983,81875.846.24$38,857
Aug 200704,56569.066.39$29,161
Jul 20071955,41770.906.39$48,429
Jun 20071985,76262.007.55$55,770
May 20071835,78158.747.85$56,109
Apr 20072014,61059.617.81$47,964
Mar 20071984,87356.927.30$46,853
Feb 20072044,19055.108.22$45,665
Jan 200704,53250.306.73$30,486
Dec 20061947,14556.656.92$60,422
Nov 20063216,32454.207.62$65,571
Oct 20061977,30954.906.01$54,770
Sep 20063995,61160.085.04$52,236
Aug 200605,33768.717.34$39,173
Jul 20061976,09969.376.34$52,350
Jun 200604,54766.286.38$29,028
May 20063674,67866.016.42$54,282
Apr 200604,70664.397.36$34,638
Mar 20064013,66156.707.08$48,667
Feb 200605,57557.597.75$43,212
Jan 200605,13960.598.93$45,908
Dec 20052024,96154.9413.42$77,652
Nov 20051966,40854.6910.59$78,570
Oct 20052046,21858.3413.80$97,683
Sep 20055929,55561.4512.08$151,793
Aug 20054047,08061.519.80$94,212
Jul 200501155.697.84$86
Jun 200503,27552.337.38$24,173
May 20051883,53745.226.65$32,027
Apr 20051963,89449.207.36$38,305
Mar 20052023,66750.377.15$36,412
Feb 20052044,43045.226.31$37,187
Jan 200505,36943.166.32$33,944
Dec 20043765,01439.866.75$48,837
Nov 20041934,70145.286.33$38,498
Oct 200406,26149.706.52$40,791
Sep 20042035,94543.245.28$40,191
Aug 20043647,77742.375.55$58,590
Jul 20041993,19138.286.08$27,032
Jun 20041966,58736.106.43$49,450
May 20043917,08837.486.49$60,688
Apr 20043925,53934.475.86$45,962
Mar 200407,31534.365.53$40,453
Feb 20043906,66832.455.51$49,394
Jan 200408,37532.036.30$52,759
Dec 200339212,59330.266.30$91,218
Nov 20033999,86328.804.60$56,813
Oct 200339712,54428.174.76$70,888
Sep 200319613,24526.314.75$68,062
Aug 200355614,93229.765.13$93,144
Jul 200338817,49729.415.17$101,885
Jun 200357217,14228.565.98$118,896
May 200361619,96226.595.97$135,606
Apr 200372817,17326.675.41$112,275
Mar 200390521,88231.146.10$161,575
Feb 200371918,71433.487.93$172,397
Jan 200392522,76830.315.58$155,129
Dec 200291422,99426.914.85$136,203
Nov 20021,09824,69024.664.14$129,218
Oct 20021,26728,44326.464.23$153,814
Sep 20021,25531,71227.443.64$149,717
Aug 20021,43137,80225.963.16$156,760
Jul 20021,81043,48224.583.06$177,621
Jun 20021,98148,19723.733.34$207,902
May 20022,50258,83524.663.58$272,564
Apr 20022,87269,72723.653.51$312,826
Mar 20023,97187,85722.003.10$359,958
Feb 20023,57074,00118.222.38$240,848
Jan 200247017.172.38$807
Dec 2001052316.932.36$1,237
Nov 20011781,13418.072.41$5,944
Oct 2001019919.782.53$503
Sep 2001095124.262.25$2,141
Aug 20011831,47924.873.05$9,067
Jul 20011491,65123.933.20$8,844
Jun 200101,62824.563.82$6,226
May 200101,97425.524.31$8,503
Apr 200102,48324.685.34$13,248
Mar 200102,61424.545.38$14,054
Feb 20011942,25827.755.77$18,406
Jan 200102,45527.478.40$20,619
Dec 20001892,70726.889.12$29,775
Nov 200002,78032.215.66$15,729
Oct 200002,69431.235.15$13,862
Sep 20001872,62131.875.19$19,554
Aug 200003,44129.644.54$15,625
Jul 200002,87428.534.09$11,754
Jun 20001833,60429.304.40$21,210
May 20001793,61427.263.68$18,178
Apr 200033,26824.513.12$10,257
Mar 20001864,47128.422.86$18,072
Feb 200063,63527.622.73$10,077
Jan 20001294,43225.272.48$14,253
Dec 19991883,62524.282.42$13,351
Nov 19991974,43723.192.43$15,368
Oct 1999215,66320.982.80$16,318
Sep 19991934,62421.752.62$16,307
Aug 19992062,86319.262.88$12,200
Jul 199984,78217.892.37$11,488
Jun 19991675,74215.942.36$16,225
May 19991926,23515.792.32$17,503
Apr 19991836,95215.102.21$18,114
Mar 19992007,01412.471.84$15,388
Feb 19991876,1729.981.82$13,086
Jan 19993736,59710.381.90$16,406
Dec 19981837,8449.201.77$15,594
Nov 19985669,42710.892.19$26,769
Oct 19982268,84512.421.97$20,225
Sep 199838410,55312.592.08$26,812
Aug 199854011,29311.301.91$27,642
Jul 199842214,71211.742.24$37,869
Jun 199837610,09511.242.24$26,811
May 199840113,11412.622.21$33,995
Apr 199856410,81813.042.51$34,457
Mar 199853010,20412.802.31$30,350
Feb 199839810,12213.952.30$28,824
Jan 199806,91414.702.15$14,898
Dec 19973647,77316.322.41$24,682
Nov 19971886,92918.193.09$24,818
Oct 19971818,30819.253.15$29,653
Sep 19973918,66417.742.95$32,537
Aug 199737710,20517.862.55$32,804
Jul 199756311,08717.582.25$34,809
Jun 199736213,63017.242.26$37,007
May 199777910,97318.972.31$40,109
Apr 199739613,40917.882.08$35,008
Mar 199755615,13918.951.94$39,893
Feb 199760914,80320.492.21$45,132
Jan 199776017,34423.483.54$79,237
Dec 199659416,73623.32$13,852
Nov 199678717,78221.97$17,290
Oct 199672617,91323.31$16,923
Sep 199674418,21422.22$16,532
Aug 19961,01721,95520.26$20,604
Jul 199688225,04119.55$17,243
Jun 199694524,22218.73$17,700
May 199698128,00519.43$19,061
Apr 19961,10325,22721.51$23,726
Mar 19961,12930,03019.38$21,880
Feb 19961,12028,10516.98$19,018
Jan 19961,32032,77717.07$22,532
Dec 19951,32434,63417.19$22,760
Nov 19951,09534,59616.00$17,520
Oct 19951,46139,79315.43$22,543
Sep 19951,28237,61316.18$20,743
Aug 19951,61245,04515.92$25,663
Jul 19951,98447,12315.24$30,236
Jun 19951,45646,16516.41$23,893
May 19951,61749,86517.56$28,395
Apr 19951,99148,61617.73$35,300
Mar 19951,63955,66316.44$26,945
Feb 19951,82853,91216.58$30,308
Jan 19952,36162,33415.92$37,587
Dec 19942,39265,45015.03$35,952
Nov 19942,54472,91015.90$40,450
Oct 19942,57480,23315.58$40,103
Sep 19942,88383,54015.29$44,081
Aug 19943,59792,86916.13$58,020
Jul 19943,58894,94117.56$63,005
Jun 19944,229105,51717.09$72,274
May 19942,46562,66515.88$39,144

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                    1 Mcf  × $  3.75 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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. 03/G/149586 is the state's own key, not one this site invented.