PASSCHENDAELE

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 297014District 03Field 34773550CondensateGasSave
Value, all time
$37.3 M
Mar 2022 – May 2026
Value, last 12 filed months
$6.6 M
at the published price for each month
Months reported
51
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition5,707 bbl$490,156
GasProduction6,771,991 Mcf$36,778,722
Total$37,268,878

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 29.9851, -96.5942. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.98505, -96.59422 · 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
14,234 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 14,234 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-149335291H14,234 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.

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 202671106,518106.413.05$331,992
Apr 202673110,99098.932.87$325,732
Mar 202690120,02589.753.15$386,089
Feb 202670114,13563.503.75$432,488
Jan 2026116137,19059.138.00$1,104,094
Dec 202566151,32856.664.41$671,605
Nov 2025141140,86058.593.93$561,340
Oct 2025134155,51959.383.30$521,922
Sep 2025186174,69962.743.08$549,204
Aug 202585167,55563.933.01$510,572
Jul 202597168,79666.743.32$566,066
Jun 2025111196,48566.483.13$622,126
May 2025100222,82860.553.23$726,306
Apr 2025147222,39962.363.54$797,153
Mar 2025138158,40967.704.27$685,483
Feb 2025220121,37170.884.34$542,446
Jan 20252044,95174.324.28$193,817
Dec 2024433468.993.12$3,073
Nov 20243981,59269.052.20$182,068
Oct 20248071.372.28$571
Sep 202412069.612.36$835
Aug 20241316,15875.632.06$34,327
Jul 20240079.932.15$0
Jun 202412078.082.63$937
May 2024019,51078.812.20$42,892
Apr 20241397584.451.66$2,716
Mar 20248080.301.55$642
Feb 202465976.091.78$4,962
Jan 202416688,14273.023.30$302,784
Dec 20231177,27071.262.61$202,514
Nov 202325077.892.81$1,947
Oct 20232544,19185.443.09$138,566
Sep 20233616789.042.74$3,662
Aug 20232036,09580.522.67$98,088
Jul 20232335,96074.852.64$96,721
Jun 20230068.962.26$0
May 202315265,91970.622.23$157,562
Apr 20230078.122.24$0
Mar 2023050,84172.852.39$121,671
Feb 20235623475.112.47$4,783
Jan 2023427339,77476.533.39$1,183,737
Dec 2022107107,89476.415.73$626,309
Nov 202293235,38085.005.65$1,336,908
Oct 202271534,26887.185.86$3,139,009
Sep 2022173526,00984.888.16$4,308,853
Aug 202265508,23994.529.13$4,644,922
Jul 2022317389,590101.587.54$2,970,520
Jun 2022385129,826115.097.98$1,079,958
May 2022598369,485109.378.43$3,181,285
Apr 2022879413,518104.226.84$2,919,080
Mar 20220186,853108.885.08$948,541

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            71 bbl  × $106.41 =     $7,555
Gas              106,518 Mcf  × $  3.05 =   $324,437

────────────────────────────────────────────────────
Month total                                 $331,992

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/297014 is the state's own key, not one this site invented.