KRENEK, J.

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

Gas lease lease 242079District 03Field 84564500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Jul 2008 – May 2026
Value, last 12 filed months
$151
at the published price for each month
Months reported
215
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1984-03-26
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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: AOF-1 AND AOF-2 EFFECTIVE 10/01/2010.

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-1112020-08-06227577

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
CondensateDisposition1,208 bbl$86,299
GasProduction215,619 Mcf$1,058,173
Total$1,144,472

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 30.4019, -96.4910. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40192, -96.49096 · 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
10,225 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 10,225 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-05132245110,225 ftJul 2008

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 (215)

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

215 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260689.753.15$19
Feb 20260063.503.75$0
Jan 20260459.138.00$32
Dec 20250556.664.41$22
Nov 20250058.593.93$0
Oct 20250359.383.30$10
Sep 20250362.743.08$9
Aug 20250263.933.01$6
Jul 20250066.743.32$0
Jun 202501766.483.13$53
May 202502060.553.23$65
Apr 202502062.363.54$71
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202501474.324.28$60
Dec 20240768.993.12$22
Nov 20240069.052.20$0
Oct 202403271.372.28$73
Sep 202403469.612.36$80
Aug 20240075.632.06$0
Jul 202402979.932.15$62
Jun 202402378.082.63$61
May 20240078.812.20$0
Apr 202405084.451.66$83
Mar 202401280.301.55$19
Feb 202402676.091.78$46
Jan 2024057073.023.30$1,880
Dec 2023034671.262.61$903
Nov 202308277.892.81$230
Oct 2023051385.443.09$1,584
Sep 2023054889.042.74$1,499
Aug 202303780.522.67$99
Jul 2023052174.852.64$1,376
Jun 2023055568.962.26$1,253
May 202304270.622.23$94
Apr 2023050278.122.24$1,123
Mar 202303772.852.39$89
Feb 2023053975.112.47$1,329
Jan 2023015576.533.39$525
Dec 2022051176.415.73$2,928
Nov 2022031685.005.65$1,784
Oct 2022012087.185.86$704
Sep 2022055584.888.16$4,531
Aug 2022061894.529.13$5,641
Jul 20220107101.587.54$807
Jun 20220676115.097.98$5,393
May 2022060109.378.43$506
Apr 20220580104.226.84$3,966
Mar 20220101108.885.08$513
Feb 2022071191.054.86$3,455
Jan 2022011781.844.54$531
Dec 2021057771.323.90$2,250
Nov 202107777.435.24$403
Oct 2021052279.795.71$2,983
Sep 2021030669.865.35$1,637
Aug 2021055266.024.22$2,330
Jul 202103670.783.98$143
Jun 202108769.493.38$294
May 2021017363.483.02$522
Apr 2021037760.362.76$1,040
Mar 2021030461.302.72$826
Feb 2021032157.805.55$1,781
Jan 202107850.412.81$219
Dec 202008244.642.68$219
Nov 202001338.772.71$35
Oct 2020043436.972.48$1,076
Sep 2020041837.091.99$832
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202004916.921.81$89
Apr 2020013814.751.80$249
Mar 2020044130.341.86$819
Feb 2020045349.881.98$897
Jan 2020049257.252.09$1,031
Dec 2019049859.012.30$1,148
Nov 2019046355.302.75$1,274
Oct 2019048653.472.42$1,175
Sep 2019037255.052.66$989
Aug 2019019453.112.30$447
Jul 201901,16556.272.46$2,866
Jun 2019088952.782.49$2,215
May 2019029258.482.74$800
Apr 2019027562.632.75$756
Mar 2019029256.803.06$894
Feb 2019024150.852.79$673
Jan 2019025246.033.23$814
Dec 2018015746.594.19$657
Nov 201807252.934.24$305
Oct 2018092361.443.40$3,136
Sep 201804559.543.11$140
Aug 201801,01059.403.07$3,097
Jul 201809865.142.93$287
Jun 201807060.183.08$215
May 2018057065.382.90$1,653
Apr 2018058063.842.90$1,682
Mar 2018075561.222.79$2,104
Feb 201807661.782.77$210
Jan 2018079962.874.01$3,203
Dec 2017053157.272.92$1,551
Nov 2017074055.423.12$2,308
Oct 2017060249.292.98$1,796
Sep 2017062147.523.09$1,917
Aug 2017087945.373.00$2,641
Jul 2017033843.873.09$1,044
Jun 2017040742.493.09$1,257
May 2017041645.373.26$1,358
Apr 2017085747.933.21$2,752
Mar 2017049246.772.98$1,468
Feb 2017043850.452.95$1,293
Jan 2017056249.413.42$1,921
Dec 2016038948.763.72$1,448
Nov 2016077042.492.64$2,036
Oct 2016038846.193.09$1,199
Sep 201608041.553.10$248
Aug 2016056341.442.92$1,646
Jul 2016068741.622.92$2,009
Jun 2016064645.352.69$1,735
May 2016056842.521.99$1,131
Apr 2016048836.561.99$972
Mar 2016067533.011.79$1,211
Feb 2016083626.472.06$1,725
Jan 2016045327.352.36$1,071
Dec 2015055532.362.00$1,111
Nov 2015050638.792.17$1,097
Oct 2015037743.552.43$915
Sep 2015035442.992.76$976
Aug 2015067140.162.87$1,927
Jul 201516778948.152.95$10,365
Jun 2015041756.152.88$1,202
May 2015035255.212.96$1,040
Apr 2015046249.822.71$1,250
Mar 2015059042.892.93$1,731
Feb 2015089944.662.98$2,676
Jan 2015056043.433.10$1,736
Dec 2014050854.693.59$1,824
Nov 2014063570.464.25$2,700
Oct 2014087778.303.90$3,421
Sep 201401,00886.164.05$4,078
Aug 2014068789.394.04$2,772
Jul 2014090996.564.18$3,799
Jun 2014050698.164.74$2,397
May 2014083594.734.73$3,947
Apr 2014065295.944.81$3,136
Mar 2014093695.895.06$4,733
Feb 2014089397.406.19$5,529
Jan 201401,12990.404.86$5,488
Dec 2013070591.824.35$3,070
Nov 2013051988.853.74$1,940
Oct 2013058197.423.78$2,196
Sep 20130819104.113.72$3,045
Aug 20130465104.253.52$1,638
Jul 201301,143102.523.72$4,249
Jun 2013045894.403.93$1,802
May 20131551,21594.834.15$19,740
Apr 201301,17393.964.28$5,023
Mar 201301,35893.623.91$5,314
Feb 2013086891.233.42$2,968
Jan 201301,60991.603.42$5,503
Dec 2012073486.773.42$2,510
Nov 201201,26986.953.62$4,600
Oct 2012036189.383.40$1,227
Sep 201201,43094.672.92$4,173
Aug 2012060592.662.91$1,759
Jul 201201,80285.133.02$5,443
Jun 2012038479.822.52$967
May 201201,03391.612.49$2,570
Apr 201201,051101.652.00$2,099
Mar 20120865105.052.22$1,922
Feb 201201,471101.102.57$3,781
Jan 2012031098.092.73$848
Dec 201101,59696.873.24$5,171
Nov 201101,02595.723.31$3,394
Oct 20111801,10684.983.65$19,332
Sep 201101,64783.623.99$6,565
Aug 201101,21183.404.15$5,025
Jul 201101,32694.144.52$5,990
Jun 201101,31992.904.64$6,120
May 201101,48698.134.40$6,546
Apr 201101,139105.964.33$4,936
Mar 201101,39596.364.06$5,660
Feb 201101,36085.644.18$5,685
Jan 201101,42186.504.59$6,521
Dec 201001,47985.734.35$6,430
Nov 201001,76380.843.80$6,691
Oct 201001,45978.103.51$5,119
Sep 201001,81172.633.98$7,207
Aug 201001,97173.684.42$8,711
Jul 201001,64272.554.74$7,777
Jun 201002,06870.364.91$10,155
May 20101692,21871.124.24$21,413
Apr 201002,14881.694.12$8,856
Mar 201002,63778.394.39$11,573
Feb 201002,47373.585.44$13,459
Jan 201002,80674.365.96$16,735
Dec 200902,46371.445.48$13,506
Nov 200902,85774.593.75$10,718
Oct 200902,81672.544.11$11,574
Sep 200902,99865.543.06$9,188
Aug 20091773,28267.423.22$22,496
Jul 200903,30761.133.46$11,457
Jun 200903,58466.163.90$13,960
May 200903,27254.743.93$12,845
Apr 200903,35446.773.59$12,032
Mar 200904,49242.144.06$18,233
Feb 200904,59432.814.63$21,284
Jan 20091875,28235.865.37$35,075
Dec 200806,04437.105.98$36,126
Nov 200806,58155.496.86$45,148
Oct 200808,08975.246.92$55,992
Sep 200817310,322101.767.88$98,912
Aug 2008019,152114.228.48$162,467
Jul 200805,133131.0811.39$58,462

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    6 Mcf  × $  3.15 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/242079 is the state's own key, not one this site invented.