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VERA TRUST

Operated by CHANDLER OIL & GAS, LLC (P-5 144355) in the SANTA CRUZ, N. (YEGUA 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231273District 04Field 808494752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Sep 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
no gaps in the span
Streams
2
condensate, gas

The SANTA CRUZ, N. (YEGUA 8800) 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1988-04-23
as the register files it
Field class
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 40 acres. The field rule took effect on 1992-05-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA HAS BEEN SUSPENDED ADMIN. EFF 2-1-93.”

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
High Cost Gas112009-05-18191338
NGPA1none——

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
CondensateDisposition17,245 bbl$1,435,385
GasProduction630,687 Mcf$3,841,006
Total$5,276,391

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 27.4572, -98.2930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45720, -98.29302 · 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
9,025 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 9,025 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-1313899749,025 ftSep 2007——

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 (225)

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

225 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
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 20255062.363.54$312
Mar 20250067.704.27$0
Feb 2025010070.884.34$434
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024010078.812.20$220
Apr 2024010084.451.66$166
Mar 2024010080.301.55$155
Feb 2024010076.091.78$178
Jan 2024010073.023.30$330
Dec 202301771.262.61$44
Nov 202301,03977.892.81$2,917
Oct 2023098385.443.09$3,035
Sep 20230089.042.74$0
Aug 202316957780.522.67$15,150
Jul 20230074.852.64$0
Jun 2023016868.962.26$379
May 2023037570.622.23$835
Apr 2023043578.122.24$973
Mar 20230072.852.39$0
Feb 202306975.112.47$170
Jan 2023086176.533.39$2,917
Dec 2022081076.415.73$4,641
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202205094.529.13$456
Jul 2022050101.587.54$377
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202290261108.885.08$11,124
Feb 2022064591.054.86$3,134
Jan 2022076581.844.54$3,471
Dec 20215587371.323.90$7,327
Nov 2021079777.435.24$4,174
Oct 2021601,05679.795.71$10,821
Sep 2021081269.865.35$4,345
Aug 20211201,09966.024.22$12,561
Jul 2021034070.783.98$1,354
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200638.371.83$11
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200630.341.86$11
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20191111753.472.42$5,976
Sep 201901,40055.052.66$3,720
Aug 201901,69653.112.30$3,908
Jul 201901,46756.272.46$3,609
Jun 201903752.782.49$92
May 201918670558.482.74$12,809
Apr 201901,06862.632.75$2,938
Mar 2019082156.803.06$2,514
Feb 201901,54450.852.79$4,311
Jan 2019029746.033.23$959
Dec 201818771046.594.19$11,684
Nov 201801,11352.934.24$4,716
Oct 201801,11061.443.40$3,772
Sep 2018984559.543.11$3,162
Aug 201801,33659.403.07$4,097
Jul 20181821,26965.142.93$15,576
Jun 201801,30260.183.08$4,006
May 201801,60365.382.90$4,650
Apr 201801,89063.842.90$5,483
Mar 201801,04861.222.79$2,921
Feb 2018089561.782.77$2,476
Jan 201815654762.874.01$12,001
Dec 201701257.272.92$35
Nov 20170055.423.12$0
Oct 201702,13649.292.98$6,373
Sep 201701,77647.523.09$5,483
Aug 201701,84345.373.00$5,537
Jul 201717920643.873.09$8,489
Jun 201701,77242.493.09$5,471
May 20171911,86045.373.26$14,736
Apr 201702,08347.933.21$6,690
Mar 201702,42846.772.98$7,244
Feb 20171851,78650.452.95$14,607
Jan 201701,96649.413.42$6,721
Dec 2016097948.763.72$3,645
Nov 2016031242.492.64$825
Oct 201619128346.193.09$9,697
Sep 2016028241.553.10$874
Aug 201617330241.442.92$8,052
Jul 2016030341.622.92$886
Jun 2016030745.352.69$825
May 2016029042.521.99$577
Apr 2016029536.561.99$587
Mar 2016040433.011.79$725
Feb 2016044426.472.06$916
Jan 201619642727.352.36$6,370
Dec 2015042532.362.00$851
Nov 2015031538.792.17$683
Oct 2015034143.552.43$827
Sep 201519239142.992.76$9,333
Aug 2015048540.162.87$1,393
Jul 2015036748.152.95$1,081
Jun 2015036256.152.88$1,044
May 2015049555.212.96$1,463
Apr 201519433649.822.71$10,574
Mar 2015033242.892.93$974
Feb 2015036844.662.98$1,095
Jan 201519534443.433.10$9,535
Dec 201402,23854.693.59$8,037
Nov 201401,67070.464.25$7,101
Oct 201401,86878.303.90$7,287
Sep 201402,14886.164.05$8,690
Aug 20141892,18489.394.04$25,707
Jul 201402,23496.564.18$9,337
Jun 201402,23298.164.74$10,573
May 20141872,36094.734.73$28,869
Apr 201402,94595.944.81$14,163
Mar 201403,44195.895.06$17,400
Feb 20141883,13197.406.19$37,698
Jan 201404,54090.404.86$22,068
Dec 20131864,80791.824.35$38,011
Nov 201305,19588.853.74$19,420
Oct 201301,68397.423.78$6,361
Sep 201300104.113.72$0
Aug 20131911,111104.253.52$23,825
Jul 201301,414102.523.72$5,257
Jun 20131941,26794.403.93$23,297
May 201301,50094.834.15$6,224
Apr 201303,23593.964.28$13,854
Mar 20131882,46493.623.91$27,242
Feb 20131892,39691.233.42$25,437
Jan 201302,73991.603.42$9,367
Dec 20121902,82586.773.42$26,148
Nov 201202,91186.953.62$10,552
Oct 201202,89789.383.40$9,849
Sep 20121892,84794.672.92$26,201
Aug 201203,08492.662.91$8,969
Jul 201203,04985.133.02$9,210
Jun 20121682,70679.822.52$20,226
May 201203,08691.612.49$7,679
Apr 201203,084101.652.00$6,158
Mar 20123413,210105.052.22$42,955
Feb 201203,047101.102.57$7,832
Jan 201203,50998.092.73$9,594
Dec 201103,61796.873.24$11,718
Nov 20111933,85495.723.31$31,236
Oct 201104,39884.983.65$16,046
Sep 2011062083.623.99$2,471
Aug 201103,64083.404.15$15,104
Jul 20113534,43694.144.52$53,270
Jun 201105,44492.904.64$25,260
May 201105,73398.134.40$25,253
Apr 20110616105.964.33$2,669
Mar 2011077896.364.06$3,157
Feb 20111892,76085.644.18$27,723
Jan 201104,47786.504.59$20,544
Dec 20101894,70885.734.35$36,672
Nov 201004,55980.843.80$17,303
Oct 201005,40978.103.51$18,980
Sep 201004,44172.633.98$17,673
Aug 201004,51573.684.42$19,953
Jul 201004,81972.554.74$22,825
Jun 20101824,96770.364.91$37,195
May 201004,69671.124.24$19,889
Apr 201004,65281.694.12$19,179
Mar 20101905,13978.394.39$37,447
Feb 201004,43073.585.44$24,110
Jan 20101915,16074.365.96$44,977
Dec 20091977,66671.445.48$56,112
Nov 200905,39074.593.75$20,221
Oct 20091745,45072.544.11$35,023
Sep 200905,48965.543.06$16,822
Aug 200906,18267.423.22$19,897
Jul 20093556,42761.133.46$43,967
Jun 200906,41066.163.90$24,967
May 200906,59954.743.93$25,906
Apr 20091886,59146.773.59$32,438
Mar 20092007,55942.144.06$39,110
Feb 200907,03932.814.63$32,612
Jan 20093628,08435.865.37$56,400
Dec 200808,90137.105.98$53,203
Nov 200809,45455.496.86$64,858
Oct 20085399,90875.246.92$109,137
Sep 2008010,846101.767.88$85,435
Aug 200818312,535114.228.48$127,237
Jul 200835716,509131.0811.39$234,824
Jun 200835514,127131.3313.03$230,734
May 200835816,358123.1711.57$233,427
Apr 200855320,878110.3110.45$279,278
Mar 200835716,880101.909.66$199,508
Feb 200890526,01192.538.77$311,871
Jan 20081,10131,42590.388.21$357,373
Dec 20071,45733,90288.337.30$376,248
Nov 20071,27028,79691.677.29$326,393
Oct 20071,42135,11682.856.92$360,802
Sep 200704,75975.846.24$29,716

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.

Apr 2025 — as filed, then multipliedworked
Condensate             5 bbl  × $ 62.36 =       $312
Gas                    0 Mcf  × $  3.54 =         $0

────────────────────────────────────────────────────
Month total                                     $312

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. 04/G/231273 is the state's own key, not one this site invented.