CANTIGNY

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 296090District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$27.4 M
Mar 2022 – May 2026
Value, last 12 filed months
$5.2 M
at the published price for each month
Months reported
51
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-1112024-03-11233480

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
CondensateDisposition5,081 bbl$442,841
GasProduction4,916,895 Mcf$27,005,411
Total$27,448,252

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 30.0187, -96.6357. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.01869, -96.63569 · 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
13,588 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 13,588 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-149335281H13,588 ftMar 2022——

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.

Leases whose centres are nearest (70)

Ranked by the distance between lease centres, within 5 miles. A lease has no coordinate the state files — each centre is the mean of that lease's own wells, so this measures how far apart two centres are and not whether the two leases touch.

LeaseOperatorCentres apart
FRANNIE UNITGEOSOUTHERN OPERATING II, LLC0.37 mi
ROYAL ET ALMAGNUM PRODUCING, LP0.74 mi
ROYAL ET ALMAGNUM PRODUCING, LP0.74 mi
CANTIGNYVERDUN OIL & GAS LLC1.37 mi
SCHLABACHGEOSOUTHERN OPERATING II, LLC1.43 mi
KLUMP OL UNITMAGNOLIA OIL & GAS OPERATING LLC1.50 mi
TANNENBERGVERDUN OIL & GAS LLC1.55 mi
WILLOW UNITGEOSOUTHERN OPERATING II, LLC1.71 mi
BANIK-GAU OLDOUGLAS PETROLEUM INC.1.72 mi
HACKEMACK UNITUNION PACIFIC RESOURCES COMPANY1.85 mi

The 10 nearest are listed. 70 leases in all have a centre within 5 miles of this one.

Operators who reported on those leases

Taken from the same 5-mile set above. This is who filed production, not who holds acreage — the state publishes no acreage register.

Every month this lease reported (51)

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

51 months

May 20266875,401106.413.05$236,895
Apr 20266482,75998.932.87$243,827
Mar 20268294,51989.753.15$305,041
Feb 20265791,29163.503.75$345,990
Jan 202685109,99959.138.00$884,789
Dec 202556120,75156.664.41$536,091
Nov 2025100116,82658.593.93$464,569
Oct 202592138,16359.383.30$462,070
Sep 202581151,22862.743.08$470,398
Aug 202557121,86163.933.01$371,026
Jul 202562126,42566.743.32$423,262
Jun 202557140,55066.483.13$443,531
May 202568162,71260.553.23$530,055
Apr 2025114173,45762.363.54$621,688
Mar 2025172198,09967.704.27$857,194
Feb 2025244169,78370.884.34$754,296
Jan 2025487974.324.28$4,058
Dec 2024227668.993.12$1,755
Nov 20241726,34769.052.20$59,096
Oct 20242071.372.28$143
Sep 20242069.612.36$139
Aug 20243075.632.06$227
Jul 20240079.932.15$0
Jun 20242078.082.63$156
May 20240078.812.20$0
Apr 2024336584.451.66$859
Mar 2024367980.301.55$1,290
Feb 202428076.091.78$2,131
Jan 20245350,79573.023.30$171,375
Dec 20231071.262.61$71
Nov 20232077.892.81$156
Oct 20231085.443.09$85
Sep 20233089.042.74$267
Aug 20234080.522.67$322
Jul 2023015774.852.64$415
Jun 20230068.962.26$0
May 202315270,63470.622.23$168,064
Apr 20230078.122.24$0
Mar 2023064,72172.852.39$154,888
Feb 202356275.112.47$4,211
Jan 2023458196,87376.533.39$702,001
Dec 2022576162,55076.415.73$975,274
Nov 202290146,19085.005.65$833,068
Oct 202283276,98887.185.86$1,631,427
Sep 2022159321,28084.888.16$2,636,323
Aug 202262332,45794.529.13$3,040,248
Jul 2022137321,311101.587.54$2,437,270
Jun 2022908254,433115.097.98$2,134,165
May 2022350260,612109.378.43$2,236,031
Apr 2022441255,659104.226.84$1,794,055
Mar 20220100,063108.885.08$507,960

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            68 bbl  × $106.41 =     $7,236
Gas               75,401 Mcf  × $  3.05 =   $229,659

────────────────────────────────────────────────────
Month total                                 $236,895

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/296090 is the state's own key, not one this site invented.