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VERANCIA 50-26-27 UNIT 1 WA

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 55268District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$84.6 M
Feb 2020 – May 2026
Value, last 12 filed months
$6.4 M
at the published price for each month
Months reported
76
no gaps in the span
Streams
2
oil, casinghead gas

The WOLFBONE (TREND AREA) 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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2015-04-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition1,036,569 bbl$79,437,252
Casinghead gasProduction1,524,587 Mcf$5,194,028
Total$84,631,279

Wells on this lease (4)

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 31.2325, -103.3215. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.23287, -103.32153 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
10,572 ft
4 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.
4100.0%

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

Between 10,199 and 10,601 ft, median 10,572 ft, over the 4 wells that filed a depth.

Completions filed
Feb 2020 – Feb 2023
4 of 4 wells

4 wells

42-3894017415H10,199 ftFeb 2023——
42-389401736H10,561 ftFeb 2023——
42-389401755H10,582 ftFeb 2023——
42-389388424H10,601 ftFeb 2020——

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 (76)

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

76 months

May 20264,6765,745106.413.05$515,072
Apr 20261,8633,01198.932.87$192,947
Mar 20264,2437,60289.753.15$404,751
Feb 20267,38715,59863.503.75$527,572
Jan 20268,49017,29659.138.00$640,346
Dec 20258,38220,66056.664.41$566,104
Nov 20259,03220,19158.593.93$608,464
Oct 20258,57820,13259.383.30$575,895
Sep 20257,09619,70662.743.08$505,837
Aug 20258,38822,64263.933.01$604,505
Jul 20258,62622,51966.743.32$650,354
Jun 20258,64020,96466.483.13$639,978
May 20258,99521,93560.553.23$615,548
Apr 20259,48520,40662.363.54$663,786
Mar 202510,34420,61367.704.27$788,272
Feb 20259,28516,06370.884.34$727,848
Jan 202511,81017,13974.324.28$951,052
Dec 20248,80113,95068.993.12$650,724
Nov 202413,41124,59969.052.20$980,109
Oct 202412,04118,16871.372.28$900,815
Sep 202413,78529,06369.612.36$1,028,289
Aug 202415,56637,54875.632.06$1,254,742
Jul 202416,30034,16279.932.15$1,376,191
Jun 202416,31329,39778.082.63$1,351,150
May 202417,22928,49178.812.20$1,420,453
Apr 202417,87635,34684.451.66$1,568,274
Mar 202419,84738,19480.301.55$1,652,729
Feb 202423,38045,02076.091.78$1,859,284
Jan 202424,53945,31273.023.30$1,941,261
Dec 202325,25941,82771.262.61$1,909,155
Nov 202327,17049,59777.892.81$2,255,518
Oct 202332,01454,01085.443.09$2,902,020
Sep 202336,54062,80389.042.74$3,425,290
Aug 202336,50752,19780.522.67$3,079,060
Jul 202336,71743,26974.852.64$2,862,575
Jun 202342,54946,16068.962.26$3,038,430
May 202345,02143,72570.622.23$3,276,776
Apr 202357,18756,47478.122.24$4,593,824
Mar 202375,94070,52972.852.39$5,701,016
Feb 20235,4995,08775.112.47$425,573
Jan 202333424676.533.39$26,394
Dec 20225,0559,14676.415.73$438,651
Nov 20226,73811,18285.005.65$635,866
Oct 20226,68510,64287.185.86$645,200
Sep 202219,12928,09484.888.16$1,853,020
Aug 202214,72018,12394.529.13$1,556,746
Jul 20229,48513,971101.587.54$1,068,857
Jun 202210,73716,312115.097.98$1,365,845
May 202214,09821,330109.378.43$1,721,775
Apr 202213,79817,584104.226.84$1,558,260
Mar 202216,57218,434108.885.08$1,897,938
Feb 20229,4678,92191.054.86$905,316
Jan 202210,25611,81681.844.54$892,968
Dec 202111,72312,45571.323.90$884,648
Nov 202112,57713,80977.435.24$1,046,153
Oct 202113,31714,04679.795.71$1,142,820
Sep 202113,52015,07969.865.35$1,025,194
Aug 202111,77113,40466.024.22$833,694
Jul 202112,37612,59670.783.98$926,132
Jun 202114,55013,70369.493.38$1,057,404
May 202118,49016,55063.483.02$1,223,688
Apr 202119,29315,90560.362.76$1,208,398
Mar 202116,01912,70961.302.72$1,016,494
Feb 20211,0481,38057.805.55$68,231
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 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$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
Oil                4,676 bbl  × $106.41 =   $497,573
Casinghead gas     5,745 Mcf  × $  3.05 =    $17,498

────────────────────────────────────────────────────
Month total                                 $515,072

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. 08/O/55268 is the state's own key, not one this site invented.