VERDUN CASHION UNIT A

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 286071District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.8 M
Jun 2018 – May 2026
Value, last 12 filed months
$336 k
at the published price for each month
Months reported
96
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
NGPA1none
ST-1112020-10-06227580

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
CondensateDisposition57,951 bbl$3,534,086
GasProduction1,805,779 Mcf$6,239,795
Total$9,773,881

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 30.3729, -96.4825. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.37291, -96.48254 · 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
10,363 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 10,363 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-051341401H10,363 ftJun 2018

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 (96)

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

96 months

May 2026012106.413.05$37
Apr 202601298.932.87$34
Mar 20261845,85489.753.15$34,951
Feb 20261864,32263.503.75$28,020
Jan 202618111,88159.138.00$105,726
Dec 20251899,12656.664.41$50,985
Nov 202573914,56358.593.93$100,479
Oct 202504,62659.383.30$15,288
Sep 202506662.743.08$203
Aug 202501263.933.01$36
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250460.553.23$13
Apr 202504462.363.54$156
Mar 202504867.704.27$205
Feb 20251070.884.34$71
Jan 202503774.324.28$158
Dec 202403368.993.12$103
Nov 20241905,08769.052.20$24,303
Oct 202405171.372.28$116
Sep 202402369.612.36$54
Aug 202407475.632.06$153
Jul 202405779.932.15$122
Jun 202404078.082.63$105
May 202402778.812.20$59
Apr 202404284.451.66$70
Mar 202402380.301.55$36
Feb 202401,25176.091.78$2,231
Jan 20243803,95773.023.30$40,796
Dec 20231966,69071.262.61$31,433
Nov 20231908,98177.892.81$40,014
Oct 20233869,62685.443.09$62,698
Sep 20231939,37689.042.74$42,828
Aug 202338210,26880.522.67$58,204
Jul 202337810,99674.852.64$57,343
Jun 202337913,28468.962.26$56,137
May 20231874,28570.622.23$22,750
Apr 202337311,43078.122.24$54,716
Mar 202338411,61372.852.39$55,766
Feb 202303,98575.112.47$9,826
Jan 202357614,51476.533.39$93,251
Dec 202219211,37076.415.73$79,810
Nov 20221881,79585.005.65$26,115
Oct 202238212,51187.185.86$106,664
Sep 202257512,67184.888.16$152,248
Aug 202237712,74194.529.13$151,923
Jul 202236814,222101.587.54$144,645
Jun 202257914,273115.097.98$180,496
May 202237415,121109.378.43$168,420
Apr 202258315,260104.226.84$165,102
Mar 202260416,441108.885.08$149,225
Feb 202240915,55391.054.86$112,809
Jan 202260717,39781.844.54$128,619
Dec 202160319,00471.323.90$117,105
Nov 202158923,64977.435.24$169,453
Oct 20212049,16879.795.71$68,662
Sep 202140614,92769.865.35$108,236
Aug 202177020,19466.024.22$136,066
Jul 202175720,78370.783.98$136,340
Jun 202175121,53869.493.38$124,999
May 202176524,24763.483.02$121,732
Apr 20211,15122,65960.362.76$131,977
Mar 202132613,11461.302.72$55,614
Feb 202138111,69157.805.55$86,883
Jan 202192727,59650.412.81$124,282
Dec 20201,52735,43944.642.68$162,981
Nov 20201,91832,25238.772.71$161,653
Oct 202004,43536.972.48$10,992
Sep 20203896,80537.091.99$27,977
Aug 20200039.982.39$0
Jul 2020067438.371.83$1,230
Jun 202054413,23034.901.69$41,348
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202073817,99030.341.86$55,785
Feb 20201,07830,42849.881.98$114,038
Jan 20201,08334,15257.252.09$133,541
Dec 20191,10136,41059.012.30$148,872
Nov 20191,23938,69155.302.75$174,944
Oct 20191,09835,34853.472.42$144,201
Sep 201937210,38455.052.66$48,072
Aug 20191,25940,90753.112.30$161,130
Jul 20191,27243,31156.272.46$178,123
Jun 20191,34045,81152.782.49$184,850
May 20191,07738,10058.482.74$167,389
Apr 20191,30050,89362.632.75$221,410
Mar 20191,89556,34656.803.06$280,173
Feb 20191,70154,12350.852.79$237,619
Jan 20191,62258,90946.033.23$264,830
Dec 20182,52783,25946.594.19$466,208
Nov 20182,63793,94252.934.24$537,631
Oct 20182,785113,87761.443.40$558,074
Sep 20183,723120,96859.543.11$597,636
Aug 20183,25886,92659.403.07$460,089
Jul 20181,92651,73965.142.93$277,152
Jun 201806,18560.183.08$19,031

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                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/286071 is the state's own key, not one this site invented.