KANKEL

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

Gas lease lease 154484District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.4 M
Apr 1995 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
374
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas221995-07-17 – 2013-04-082 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
CondensateDisposition30,173 bbl$642,618
GasProduction5,964,367 Mcf$9,741,373
Total$10,383,991

3,313,044 Mcf of this lease's gas, across 21 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 30.3323, -96.3291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.33233, -96.32906 · 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
12,744 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 12,744 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-477307721RE12,744 ftDec 2010

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 (374)

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

374 months

May 2026018106.413.05$55
Apr 202601698.932.87$46
Mar 20260089.753.15$0
Feb 20260263.503.75$8
Jan 20260759.138.00$56
Dec 202501356.664.41$57
Nov 20250058.593.93$0
Oct 2025024559.383.30$810
Sep 2025026362.743.08$809
Aug 202501563.933.01$45
Jul 20250066.743.32$0
Jun 202504766.483.13$147
May 202504060.553.23$129
Apr 20250062.363.54$0
Mar 202502567.704.27$107
Feb 20250070.884.34$0
Jan 202502674.324.28$111
Dec 202403268.993.12$100
Nov 20240069.052.20$0
Oct 2024011671.372.28$265
Sep 2024010469.612.36$246
Aug 2024010375.632.06$213
Jul 202409379.932.15$200
Jun 202406978.082.63$182
May 202404078.812.20$88
Apr 202406684.451.66$110
Mar 202403180.301.55$48
Feb 2024010076.091.78$178
Jan 2024027373.023.30$900
Dec 2023092971.262.61$2,425
Nov 2023032577.892.81$912
Oct 2023054485.443.09$1,679
Sep 2023010589.042.74$287
Aug 2023044380.522.67$1,184
Jul 2023032574.852.64$859
Jun 2023053368.962.26$1,204
May 2023029770.622.23$662
Apr 2023012778.122.24$284
Mar 2023012272.852.39$292
Feb 202305875.112.47$143
Jan 202305876.533.39$196
Dec 2022018376.415.73$1,048
Nov 2022017685.005.65$994
Oct 2022023587.185.86$1,378
Sep 2022022484.888.16$1,829
Aug 2022013694.529.13$1,241
Jul 20220180101.587.54$1,358
Jun 202200115.097.98$0
May 2022060109.378.43$506
Apr 20220147104.226.84$1,005
Mar 20220110108.885.08$558
Feb 202206591.054.86$316
Jan 2022026781.844.54$1,212
Dec 202105671.323.90$218
Nov 202105477.435.24$283
Oct 2021010679.795.71$606
Sep 2021010569.865.35$562
Aug 20213030166.024.22$3,251
Jul 202109670.783.98$382
Jun 202107769.493.38$260
May 2021012263.483.02$368
Apr 2021018660.362.76$513
Mar 2021014961.302.72$405
Feb 2021010857.805.55$599
Jan 202107750.412.81$216
Dec 2020015244.642.68$407
Nov 202008338.772.71$225
Oct 2020011636.972.48$288
Sep 2020032037.091.99$637
Aug 2020017039.982.39$405
Jul 2020029238.371.83$533
Jun 2020019034.901.69$321
May 2020020016.921.81$363
Apr 2020014314.751.80$258
Mar 2020010530.341.86$195
Feb 202006049.881.98$119
Jan 2020016257.252.09$339
Dec 2019013959.012.30$320
Nov 2019010955.302.75$300
Oct 201907953.472.42$191
Sep 2019027655.052.66$733
Aug 2019025953.112.30$597
Jul 2019045456.272.46$1,117
Jun 2019034252.782.49$852
May 2019067858.482.74$1,858
Apr 201901,20162.632.75$3,304
Mar 2019044056.803.06$1,347
Feb 2019027250.852.79$759
Jan 2019011546.033.23$371
Dec 2018017746.594.19$741
Nov 2018016752.934.24$708
Oct 2018015861.443.40$537
Sep 2018014959.543.11$463
Aug 2018010,15259.403.07$31,132
Jul 2018043465.142.93$1,272
Jun 2018015460.183.08$474
May 201803,57165.382.90$10,359
Apr 201805,97963.842.90$17,344
Mar 201806,24561.222.79$17,404
Feb 201823,98761.782.77$11,152
Jan 2018349162.874.01$2,157
Dec 201704,10957.272.92$12,005
Nov 201734,19255.423.12$13,238
Oct 201704,44449.292.98$13,259
Sep 201714,72047.523.09$14,619
Aug 201702,80245.373.00$8,418
Jul 201704,92143.873.09$15,193
Jun 201734,45542.493.09$13,881
May 201735,32545.373.26$17,514
Apr 201703,22447.933.21$10,354
Mar 201716,46146.772.98$19,324
Feb 201746,92750.452.95$20,654
Jan 201711,85449.413.42$6,388
Dec 201605,92948.763.72$22,073
Nov 201626,11442.492.64$16,253
Oct 20161744,44846.193.09$21,783
Sep 201606,74941.553.10$20,926
Aug 201601,53141.442.92$4,477
Jul 201603,12941.622.92$9,150
Jun 201602,54845.352.69$6,843
May 201604,01042.521.99$7,984
Apr 201604,45436.561.99$8,868
Mar 201606,32933.011.79$11,354
Feb 201603,90026.472.06$8,048
Jan 201605,33227.352.36$12,607
Dec 201505,80732.362.00$11,622
Nov 201505,30438.792.17$11,496
Oct 201507,06943.552.43$17,153
Sep 201506,27442.992.76$17,306
Aug 201506,80540.162.87$19,547
Jul 201506,67748.152.95$19,664
Jun 201506,72956.152.88$19,399
May 201506,85655.212.96$20,263
Apr 201506,56049.822.71$17,755
Mar 201506,96142.892.93$20,429
Feb 201505,35644.662.98$15,940
Jan 201506,54243.433.10$20,284
Dec 20141847,95654.693.59$38,636
Nov 201403,71870.464.25$15,808
Oct 201407,05678.303.90$27,525
Sep 201407,34886.164.05$29,726
Aug 201407,77189.394.04$31,357
Jul 201407,65396.564.18$31,986
Jun 201407,36698.164.74$34,892
May 2014637,48794.734.73$41,356
Apr 201407,96995.944.81$38,324
Mar 201407,83695.895.06$39,625
Feb 201406,76197.406.19$41,864
Jan 201407,57790.404.86$36,830
Dec 201308,07491.824.35$35,158
Nov 201309,20688.853.74$34,415
Oct 201309,97597.423.78$37,699
Sep 201309,879104.113.72$36,728
Aug 2013010,312104.253.52$36,325
Jul 2013010,807102.523.72$40,178
Jun 2013010,96694.403.93$43,134
May 2013010,96494.834.15$45,491
Apr 2013011,08493.964.28$47,468
Mar 201319412,04493.623.91$65,289
Feb 2013011,04791.233.42$37,780
Jan 2013012,96191.603.42$44,325
Dec 2012014,40986.773.42$49,281
Nov 2012015,31386.953.62$55,509
Oct 2012016,75689.383.40$56,965
Sep 2012017,36794.672.92$50,684
Aug 2012020,02792.662.91$58,242
Jul 2012028,39985.133.02$85,788
Jun 2012028,85779.822.52$72,692
May 20120091.612.49$0
Apr 20120421101.652.00$841
Mar 201209,501105.052.22$21,112
Feb 2012022,474101.102.57$57,764
Jan 2012027,19498.092.73$74,351
Dec 201118330,23796.873.24$115,687
Nov 2011028,91395.723.31$95,739
Oct 2011034,17184.983.65$124,674
Sep 2011037,16983.623.99$148,148
Aug 201116843,61783.404.15$194,992
Jul 2011052,53694.144.52$237,318
Jun 2011062,49992.904.64$289,988
May 2011077,38498.134.40$340,863
Apr 201118674,101105.964.33$340,809
Mar 2011077,75096.364.06$315,458
Feb 201119276,26885.644.18$335,242
Jan 2011079,42286.504.59$364,450
Dec 2010018,33985.734.35$79,733
Nov 20100080.843.80$0
Oct 20101471,14578.103.51$15,498
Sep 201003,53072.633.98$14,048
Aug 201003,31573.684.42$14,650
Jul 201003,60572.554.74$17,075
Jun 201003,94870.364.91$19,386
May 201004,89171.124.24$20,714
Apr 201005,22181.694.12$21,525
Mar 201009,04378.394.39$39,687
Feb 201007,81273.585.44$42,516
Jan 201003,57674.365.96$21,328
Dec 200907,74771.445.48$42,483
Nov 200908,19174.593.75$30,729
Oct 200902,88972.544.11$11,875
Sep 20090065.543.06$0
Aug 2009078967.423.22$2,539
Jul 2009651761.133.46$4,032
Jun 200901,90766.163.90$7,428
May 200902,41254.743.93$9,469
Apr 200912,38846.773.59$8,614
Mar 200912,64542.144.06$10,778
Feb 200911,57532.814.63$7,330
Jan 200901,93535.865.37$10,393
Dec 200802,55937.105.98$15,296
Nov 200802,46455.496.86$16,904
Oct 200802,52575.246.92$17,478
Sep 200801,524101.767.88$12,005
Aug 200802,130114.228.48$18,069
Jul 200802,606131.0811.39$29,681
Jun 200801,825131.3313.03$23,785
May 200812,011123.1711.57$23,399
Apr 200801,791110.3110.45$18,725
Mar 200802,003101.909.66$19,357
Feb 200802,53992.538.77$22,269
Jan 200802,69690.388.21$22,123
Dec 200711,20088.337.30$8,851
Nov 200702,09791.677.29$15,291
Oct 200713,81182.856.92$26,463
Sep 200703975.846.24$244
Aug 200703,54769.066.39$22,658
Jul 200702,99770.906.39$19,145
Jun 200721,93462.007.55$14,723
May 200702,83658.747.85$22,252
Apr 200712,60959.617.81$20,423
Mar 200703,56356.927.30$26,017
Feb 200703,77955.108.22$31,048
Jan 200703,14550.306.73$21,156
Dec 200608056.656.92$553
Nov 200602,32154.207.62$17,680
Oct 200603,09654.906.01$18,619
Sep 200603,05660.085.04$15,394
Aug 200603,07668.717.34$22,578
Jul 200603,21969.376.34$20,417
Jun 200613,35866.286.38$21,503
May 200622,61966.016.42$16,959
Apr 200603,26564.397.36$24,032
Mar 200613,24256.707.08$23,020
Feb 200643,22457.597.75$25,220
Jan 200604,27560.598.93$38,190
Dec 200532,65654.9413.42$35,796
Nov 200502,64254.6910.59$27,975
Oct 200512,35358.3413.80$32,520
Sep 200522,73061.4512.08$33,099
Aug 200502,83461.519.80$27,764
Jul 200503,12455.697.84$24,504
Jun 200513,16152.337.38$23,384
May 200501,88945.226.65$12,564
Apr 200504,09449.207.36$30,134
Mar 200522,72150.377.15$19,569
Feb 200504,19545.226.31$26,479
Jan 2005965,17243.166.32$36,842
Dec 200401,63739.866.75$11,052
Nov 200401,19745.286.33$7,578
Oct 200402,83749.706.52$18,483
Sep 200404,03243.245.28$21,305
Aug 200404,33542.375.55$24,062
Jul 200423,15538.286.08$19,272
Jun 200404,08936.106.43$26,305
May 200403,53337.486.49$22,945
Apr 200403,63434.475.86$21,290
Mar 200403,79434.365.53$20,981
Feb 200403,83432.455.51$21,124
Jan 200404,33832.036.30$27,328
Dec 200303,33830.266.30$21,035
Nov 200303,58228.804.60$16,460
Oct 2003821,87028.174.76$11,210
Sep 200303,31426.314.75$15,739
Aug 200302,70229.765.13$13,861
Jul 200303,62929.415.17$18,765
Jun 200303,67928.565.98$22,011
May 200302,93626.595.97$17,536
Apr 200304,89026.675.41$26,442
Mar 200305,45931.146.10$33,278
Feb 200302,81933.487.93$22,343
Jan 200304,63930.315.58$25,895
Dec 20021974,23126.914.85$25,838
Nov 200204,25924.664.14$17,619
Oct 200205,63926.464.23$23,848
Sep 200204,65327.443.64$16,915
Aug 200204,78225.963.16$15,131
Jul 200204,78724.583.06$14,657
Jun 20021944,61823.733.34$20,020
May 200204,85024.663.58$17,382
Apr 200205,11423.653.51$17,962
Mar 200207,16322.003.10$22,225
Feb 200203,79118.222.38$9,006
Jan 200206,58517.172.38$15,644
Dec 200107,14616.932.36$16,896
Nov 200107,16018.072.41$17,224
Oct 2001021,58919.782.53$54,596
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 200105,65725.524.31$24,367
Apr 200104,09224.685.34$21,832
Mar 20011405,86724.545.38$34,979
Feb 200108,00727.755.77$46,177
Jan 2001015,15527.478.40$127,283
Dec 200004,56626.889.12$41,653
Nov 2000124532.215.66$4,022
Oct 200006,57731.235.15$33,842
Sep 200007,75431.875.19$40,216
Aug 200007,59529.644.54$34,487
Jul 20001717,61128.534.09$36,006
Jun 200008,71929.304.40$38,340
May 200009,09727.263.68$33,475
Apr 200009,88924.513.12$30,814
Mar 2000010,08128.422.86$28,829
Feb 2000929,93827.622.73$29,637
Jan 2000898,32325.272.48$22,894
Dec 199918710,87124.282.42$30,889
Nov 1999010,97223.192.43$26,706
Oct 1999011,50320.982.80$32,251
Sep 199908,07821.752.62$21,155
Aug 199918011,35919.262.88$36,131
Jul 1999011,56517.892.37$27,436
Jun 1999017,36715.942.36$41,023
May 199917420,67215.792.32$50,728
Apr 1999019,18115.102.21$42,353
Mar 199918211,93812.471.84$24,216
Feb 199908,6179.981.82$15,664
Jan 199936816,65910.381.90$35,471
Dec 1998010,5999.201.77$18,795
Nov 1998012,84810.892.19$28,082
Oct 1998016,07512.421.97$31,655
Sep 199818414,74612.592.08$33,027
Aug 199817915,48611.301.91$31,560
Jul 1998015,77311.742.24$35,288
Jun 199817721,20511.242.24$49,431
May 1998014,68912.622.21$32,409
Apr 199817919,53813.042.51$51,283
Mar 199818421,33312.802.31$51,622
Feb 199818022,11513.952.30$53,356
Jan 199818023,58214.702.15$53,460
Dec 1997031,05016.322.41$74,865
Nov 199718323,63618.193.09$76,323
Oct 199717528,91419.253.15$94,443
Sep 199717036,44317.742.95$110,700
Aug 199717639,15817.862.55$103,182
Jul 19971738,67217.582.25$22,527
Jun 199719141,94817.242.26$97,978
May 199738046,25318.972.31$113,984
Apr 199720042,96117.882.08$93,054
Mar 199725436,66518.951.94$75,912
Feb 19977640,11520.492.21$90,047
Jan 199730952,31323.483.54$192,428
Dec 199630549,52223.32$7,113
Nov 199635962,93221.97$7,887
Oct 199648776,89823.31$11,352
Sep 199671190,81622.22$15,798
Aug 19964156,62720.26$8,408
Jul 199661584,07719.55$12,023
Jun 1996907125,24618.73$16,988
May 19961,071151,34019.43$20,810
Apr 19961,071157,32721.51$23,037
Mar 19961,060175,18519.38$20,543
Feb 19961,258188,99016.98$21,361
Jan 19961,280211,01317.07$21,850
Dec 19951,456189,16317.19$25,029
Nov 19951,637214,78016.00$26,192
Oct 19952,004250,77615.43$30,922
Sep 199554789,90916.18$8,850
Aug 19951,936260,78015.92$30,821
Jul 19951,620292,45315.24$24,689
Jun 19951,273175,79316.41$20,890
May 19951,438185,85417.56$25,251
Apr 19951,260273,56317.73$22,340

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             0 bbl  × $106.41 =         $0
Gas                   18 Mcf  × $  3.05 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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/154484 is the state's own key, not one this site invented.