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SAINT-MIHIEL

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 289148District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.0 M
Aug 2019 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) field

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
NGPA2none——
ST-1322020-09-18 – 2024-04-303 dockets

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
CondensateDisposition2,546 bbl$197,452
GasProduction8,090,176 Mcf$27,822,621
Total$28,020,073

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 30.0125, -96.5687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.01253, -96.56873 · 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
14,302 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 14,302 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-015310641H14,302 ftAug 2019——

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 (82)

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

82 months

May 20265955,209106.413.05$174,436
Apr 20266559,48998.932.87$177,147
Mar 20267266,41689.753.15$215,635
Feb 20266558,36263.503.75$223,004
Jan 202610981,13559.138.00$655,356
Dec 20257587,40156.664.41$389,982
Nov 202511543,90658.593.93$179,132
Oct 20259441,53059.383.30$142,832
Sep 20257246,72962.743.08$148,299
Aug 20256368,77563.933.01$211,368
Jul 20253578,24866.743.32$261,744
Jun 20257182,75666.483.13$263,640
May 20252299,42260.553.23$322,696
Apr 202514127,70862.363.54$453,358
Mar 20251486,09867.704.27$368,442
Feb 202515070.884.34$1,063
Jan 202502,65874.324.28$11,373
Dec 202403068.993.12$94
Nov 20240069.052.20$0
Oct 20242451571.372.28$2,888
Sep 20240069.612.36$0
Aug 20242815975.632.06$2,446
Jul 2024015279.932.15$326
Jun 20240078.082.63$0
May 20243958078.812.20$4,349
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202410621,77573.023.30$79,547
Dec 20233225,40571.262.61$68,606
Nov 2023283,95777.892.81$13,290
Oct 2023037,73685.443.09$116,502
Sep 2023018,64589.042.74$50,995
Aug 202344380.522.67$3,551
Jul 2023017,53174.852.64$46,313
Jun 20230068.962.26$0
May 2023052,71470.622.23$117,415
Apr 20234838978.122.24$4,620
Mar 20238519,48872.852.39$52,830
Feb 202313075.112.47$976
Jan 202333072,02776.533.39$269,262
Dec 20222299,44676.415.73$71,615
Nov 2022497,83985.005.65$48,426
Oct 20224781,42487.185.86$481,548
Sep 202213880,77884.888.16$671,159
Aug 202219390,60194.529.13$845,172
Jul 20226186,581101.587.54$659,197
Jun 20229292,334115.097.98$747,155
May 20220104,590109.378.43$882,012
Apr 20220110,423104.226.84$755,028
Mar 20220123,749108.885.08$628,199
Feb 20220120,82091.054.86$587,045
Jan 20220156,83381.844.54$711,658
Dec 20210154,63671.323.90$602,944
Nov 20210163,63677.435.24$856,937
Oct 20210172,33079.795.71$984,671
Sep 20210189,97969.865.35$1,016,562
Aug 20210211,06666.024.22$890,823
Jul 20210209,27170.783.98$833,334
Jun 20210182,26969.493.38$616,182
May 20210209,67763.483.02$632,736
Apr 20210121,35260.362.76$334,740
Mar 20210156,12361.302.72$424,177
Feb 20210179,98757.805.55$998,559
Jan 20210157,19750.412.81$441,766
Dec 20200150,46744.642.68$402,568
Nov 20200175,73538.772.71$475,639
Oct 20200195,51936.972.48$484,580
Sep 20200194,69837.091.99$387,652
Aug 20200195,63739.982.39$466,614
Jul 20200231,60838.371.83$422,712
Jun 20200274,67034.901.69$464,277
May 20200322,23516.921.81$584,776
Apr 20200393,24714.751.80$709,567
Mar 20200449,30430.341.86$834,012
Feb 20200421,31749.881.98$834,490
Jan 20200395,26057.252.09$827,967
Dec 20190160,59059.012.30$370,057
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0

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            59 bbl  × $106.41 =     $6,278
Gas               55,209 Mcf  × $  3.05 =   $168,158

────────────────────────────────────────────────────
Month total                                 $174,436

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/289148 is the state's own key, not one this site invented.