BALKE, I.

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

Gas lease lease 242994District 03Field 34733600CondensateGasSaveExport
Value, all time
$31 k
Sep 2008 – May 2026
Value, last 12 filed months
$173
at the published price for each month
Months reported
213
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
CondensateDisposition38 bbl$2,648
GasProduction7,030 Mcf$28,322
Total$30,970

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 30.3821, -96.4913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.38212, -96.49131 · 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
10,417 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 10,417 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-05132013110,417 ftSep 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 (213)

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

213 months

May 202605106.413.05$15
Apr 20260898.932.87$23
Mar 20260089.753.15$0
Feb 202602163.503.75$79
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202501759.383.30$56
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 20240268.993.12$6
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240269.612.36$5
Aug 20240075.632.06$0
Jul 20240379.932.15$6
Jun 20240078.082.63$0
May 20240378.812.20$7
Apr 20240084.451.66$0
Mar 20240280.301.55$3
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202301171.262.61$29
Nov 20230577.892.81$14
Oct 20230485.443.09$12
Sep 20230589.042.74$14
Aug 202301080.522.67$27
Jul 202301074.852.64$26
Jun 20230768.962.26$16
May 20230470.622.23$9
Apr 20230378.122.24$7
Mar 20230472.852.39$10
Feb 202302175.112.47$52
Jan 20230576.533.39$17
Dec 20220576.415.73$29
Nov 20220385.005.65$17
Oct 202201487.185.86$82
Sep 20220584.888.16$41
Aug 202204594.529.13$411
Jul 2022042101.587.54$317
Jun 202205115.097.98$40
May 202204109.378.43$34
Apr 2022040104.226.84$274
Mar 2022050108.885.08$254
Feb 202202591.054.86$121
Jan 202204081.844.54$182
Dec 202102971.323.90$113
Nov 202104977.435.24$257
Oct 202106479.795.71$366
Sep 202103769.865.35$198
Aug 202104066.024.22$169
Jul 202103370.783.98$131
Jun 202104069.493.38$135
May 202106563.483.02$196
Apr 202104860.362.76$132
Mar 20210561.302.72$14
Feb 2021025657.805.55$1,420
Jan 20210850.412.81$22
Dec 2020023044.642.68$615
Nov 202006738.772.71$181
Oct 202006936.972.48$171
Sep 202006137.091.99$121
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202005316.921.81$96
Apr 20200014.751.80$0
Mar 202006330.341.86$117
Feb 202005749.881.98$113
Jan 202005157.252.09$107
Dec 201905359.012.30$122
Nov 201905355.302.75$146
Oct 201905353.472.42$128
Sep 201906355.052.66$167
Aug 201905553.112.30$127
Jul 201905356.272.46$130
Jun 201905852.782.49$144
May 201906358.482.74$173
Apr 201906762.632.75$184
Mar 201905456.803.06$165
Feb 201906050.852.79$168
Jan 201905046.033.23$161
Dec 201805546.594.19$230
Nov 201805552.934.24$233
Oct 201806061.443.40$204
Sep 201807759.543.11$239
Aug 2018016159.403.07$494
Jul 201806065.142.93$176
Jun 201806560.183.08$200
May 201805565.382.90$160
Apr 201806763.842.90$194
Mar 201804961.222.79$137
Feb 20180861.782.77$22
Jan 201805362.874.01$212
Dec 201701657.272.92$47
Nov 201702155.423.12$65
Oct 20170949.292.98$27
Sep 201707647.523.09$235
Aug 20170745.373.00$21
Jul 20170843.873.09$25
Jun 201701042.493.09$31
May 201701745.373.26$55
Apr 201701547.933.21$48
Mar 201701446.772.98$42
Feb 201702150.452.95$62
Jan 201701149.413.42$38
Dec 20160648.763.72$22
Nov 201601742.492.64$45
Oct 201601646.193.09$49
Sep 201602341.553.10$71
Aug 201607141.442.92$208
Jul 20160041.622.92$0
Jun 201604345.352.69$115
May 20160042.521.99$0
Apr 201603036.561.99$60
Mar 201604833.011.79$86
Feb 20160026.472.06$0
Jan 20160227.352.36$5
Dec 201504132.362.00$82
Nov 201502038.792.17$43
Oct 201502143.552.43$51
Sep 201501842.992.76$50
Aug 201503540.162.87$101
Jul 20152048.152.95$96
Jun 201502256.152.88$63
May 201501355.212.96$38
Apr 201501249.822.71$32
Mar 201505042.892.93$147
Feb 201508244.662.98$244
Jan 201502243.433.10$68
Dec 20140154.693.59$4
Nov 20140870.464.25$34
Oct 201403078.303.90$117
Sep 201401286.164.05$49
Aug 201401689.394.04$65
Jul 20140496.564.18$17
Jun 201402098.164.74$95
May 20140494.734.73$19
Apr 201402595.944.81$120
Mar 201402595.895.06$126
Feb 20140797.406.19$43
Jan 2014013490.404.86$651
Dec 20130791.824.35$30
Nov 201301588.853.74$56
Oct 201301697.423.78$60
Sep 2013047104.113.72$175
Aug 2013045104.253.52$159
Jul 201301102.523.72$4
Jun 20130294.403.93$8
May 20130094.834.15$0
Apr 20132093.964.28$188
Mar 201301793.623.91$67
Feb 201301591.233.42$51
Jan 20130091.603.42$0
Dec 201207486.773.42$253
Nov 201201586.953.62$54
Oct 201201689.383.40$54
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120985.133.02$27
Jun 201202279.822.52$55
May 20120691.612.49$15
Apr 201230101.652.00$305
Mar 201200105.052.22$0
Feb 201204101.102.57$10
Jan 201203898.092.73$104
Dec 20110096.873.24$0
Nov 201103495.723.31$113
Oct 2011012484.983.65$452
Sep 20110083.623.99$0
Aug 201101483.404.15$58
Jul 20110094.144.52$0
Jun 20110792.904.64$32
May 20116098.134.40$589
Apr 201100105.964.33$0
Mar 201102796.364.06$110
Feb 20110085.644.18$0
Jan 201102386.504.59$106
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201001878.103.51$63
Sep 20100072.633.98$0
Aug 201001773.684.42$75
Jul 201066172.554.74$724
Jun 201007070.364.91$344
May 20100071.124.24$0
Apr 201001781.694.12$70
Mar 20100078.394.39$0
Feb 201005173.585.44$278
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200902074.593.75$75
Oct 200908572.544.11$349
Sep 200910065.543.06$655
Aug 2009075167.423.22$2,417
Jul 20090061.133.46$0
Jun 200901166.163.90$43
May 200901254.743.93$47
Apr 20090046.773.59$0
Mar 200996042.144.06$623
Feb 20090032.814.63$0
Jan 2009015835.865.37$849
Dec 200804537.105.98$269
Nov 20080055.496.86$0
Oct 200806075.246.92$415
Sep 20080711101.767.88$5,601

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                    5 Mcf  × $  3.05 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/242994 is the state's own key, not one this site invented.