LUX

Operated by VERDAD OIL & GAS CORPORATION (P-5 884572) in the VELREX (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119089District 7CField 93410780CondensateGasSaveExport
Value, all time
$1.3 M
Jan 1993 – Dec 2024
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
384
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 8 leases and 9 wells, and the rule below applies to all of them.

Discovered
1981-12-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1984-04-01.

The Commission's schedule remark for this field reads: REQUEST. REQUESTED BY VERDAD OIL & GAS CORP.

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
CondensateDisposition2,595 bbl$135,616
GasProduction539,479 Mcf$1,122,224
Total$1,257,840

282,491 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.0317, -100.7056. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.03172, -100.70564 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,800 ft
1 wells filed one
Completion to plug
41.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,800 ft.

Completions filed
Sep 1983
1 of 1 wells
Plug dates filed
Dec 2024
1 of 1 wells

Last completion to plug: a median of 41.3 years across the 1 well that filed both dates, with the middle half between 41.3 years and 41.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133073916,800 ftSep 1983Dec 2024Yes

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 (384)

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

384 months

Dec 20241311268.993.12$1,246
Nov 2024120469.052.20$518
Oct 2024021571.372.28$491
Sep 2024021569.612.36$508
Aug 2024023175.632.06$477
Jul 2024011579.932.15$247
Jun 2024021478.082.63$564
May 2024022678.812.20$497
Apr 2024021184.451.66$350
Mar 2024020380.301.55$314
Feb 2024018976.091.78$337
Jan 2024019073.023.30$627
Dec 2023019871.262.61$517
Nov 2023019377.892.81$542
Oct 2023019585.443.09$602
Sep 2023020189.042.74$550
Aug 2023024880.522.67$663
Jul 202306274.852.64$164
Jun 2023010468.962.26$235
May 2023023070.622.23$512
Apr 2023024978.122.24$557
Mar 2023025272.852.39$603
Feb 2023020075.112.47$493
Jan 2023021376.533.39$722
Dec 2022022276.415.73$1,272
Nov 2022021885.005.65$1,231
Oct 2022024187.185.86$1,413
Sep 2022024384.888.16$1,984
Aug 2022014094.529.13$1,278
Jul 20220196101.587.54$1,478
Jun 20220213115.097.98$1,699
May 20220283109.378.43$2,387
Apr 20220251104.226.84$1,716
Mar 20220199108.885.08$1,010
Feb 2022018591.054.86$899
Jan 2022028181.844.54$1,275
Dec 2021026171.323.90$1,018
Nov 2021025177.435.24$1,314
Oct 2021032679.795.71$1,863
Sep 2021034169.865.35$1,825
Aug 2021038066.024.22$1,604
Jul 2021032770.783.98$1,302
Jun 2021032969.493.38$1,112
May 2021016263.483.02$489
Apr 2021031860.362.76$877
Mar 2021029661.302.72$804
Feb 202106557.805.55$361
Jan 2021017350.412.81$486
Dec 2020016544.642.68$441
Nov 202018220938.772.71$7,622
Oct 202009936.972.48$245
Sep 2020029337.091.99$583
Aug 2020040039.982.39$954
Jul 2020039438.371.83$719
Jun 2020031834.901.69$538
May 2020022016.921.81$399
Apr 2020030514.751.80$550
Mar 2020034330.341.86$637
Feb 2020035349.881.98$699
Jan 2020036957.252.09$773
Dec 2019036359.012.30$836
Nov 2019036555.302.75$1,004
Oct 2019039153.472.42$946
Sep 2019039355.052.66$1,044
Aug 2019037453.112.30$862
Jul 2019043956.272.46$1,080
Jun 2019036952.782.49$919
May 2019035958.482.74$984
Apr 2019036362.632.75$999
Mar 2019036456.803.06$1,115
Feb 2019030450.852.79$849
Jan 2019032846.033.23$1,059
Dec 2018034746.594.19$1,452
Nov 2018037752.934.24$1,597
Oct 2018044861.443.40$1,522
Sep 2018038259.543.11$1,187
Aug 2018042859.403.07$1,312
Jul 2018039965.142.93$1,170
Jun 20188243760.183.08$6,279
May 2018041665.382.90$1,207
Apr 2018034463.842.90$998
Mar 2018035461.222.79$987
Feb 2018032661.782.77$902
Jan 2018044762.874.01$1,792
Dec 2017041657.272.92$1,215
Nov 2017036155.423.12$1,126
Oct 2017039249.292.98$1,170
Sep 2017041447.523.09$1,278
Aug 2017041745.373.00$1,253
Jul 201717741343.873.09$9,040
Jun 2017033742.493.09$1,040
May 2017040345.373.26$1,315
Apr 2017038747.933.21$1,243
Mar 2017042046.772.98$1,253
Feb 2017037850.452.95$1,116
Jan 2017041349.413.42$1,412
Dec 2016030948.763.72$1,150
Nov 2016044242.492.64$1,169
Oct 2016049946.193.09$1,542
Sep 2016038441.553.10$1,191
Aug 2016043041.442.92$1,257
Jul 2016039441.622.92$1,152
Jun 2016032445.352.69$870
May 2016037742.521.99$751
Apr 2016035536.561.99$707
Mar 2016039633.011.79$710
Feb 2016039026.472.06$805
Jan 2016045727.352.36$1,081
Dec 2015045432.362.00$909
Nov 2015043938.792.17$951
Oct 2015038443.552.43$932
Sep 2015044342.992.76$1,222
Aug 2015048040.162.87$1,379
Jul 2015045648.152.95$1,343
Jun 201518440456.152.88$11,496
May 2015041155.212.96$1,215
Apr 2015041749.822.71$1,129
Mar 2015047042.892.93$1,379
Feb 2015040444.662.98$1,202
Jan 2015051243.433.10$1,588
Dec 2014051854.693.59$1,860
Nov 2014049070.464.25$2,083
Oct 2014057178.303.90$2,227
Sep 2014051086.164.05$2,063
Aug 2014047789.394.04$1,925
Jul 2014051696.564.18$2,157
Jun 2014051998.164.74$2,458
May 2014049194.734.73$2,321
Apr 2014053095.944.81$2,549
Mar 2014056595.895.06$2,857
Feb 2014027797.406.19$1,715
Jan 2014039390.404.86$1,910
Dec 2013045091.824.35$1,960
Nov 2013030288.853.74$1,129
Oct 2013047997.423.78$1,810
Sep 20130571104.113.72$2,123
Aug 20130576104.253.52$2,029
Jul 2013145571102.523.72$16,988
Jun 2013042294.403.93$1,660
May 2013255594.834.15$2,492
Apr 2013051893.964.28$2,218
Mar 2013060693.623.91$2,371
Feb 2013051091.233.42$1,744
Jan 2013050191.603.42$1,713
Dec 2012042686.773.42$1,457
Nov 2012042386.953.62$1,533
Oct 2012050589.383.40$1,717
Sep 2012056194.672.92$1,637
Aug 2012061492.662.91$1,786
Jul 2012062985.133.02$1,900
Jun 2012060479.822.52$1,522
May 2012059591.612.49$1,481
Apr 20120587101.652.00$1,172
Mar 201246547105.052.22$6,048
Feb 20120502101.102.57$1,290
Jan 2012056198.092.73$1,534
Dec 2011056096.873.24$1,814
Nov 2011063695.723.31$2,106
Oct 2011068384.983.65$2,492
Sep 2011069883.623.99$2,782
Aug 2011073383.404.15$3,041
Jul 201117775994.144.52$20,091
Jun 2011066592.904.64$3,086
May 2011067498.134.40$2,969
Apr 20110648105.964.33$2,808
Mar 2011077096.364.06$3,124
Feb 2011073085.644.18$3,051
Jan 2011073086.504.59$3,350
Dec 2010072185.734.35$3,135
Nov 2010067180.843.80$2,547
Oct 2010072878.103.51$2,554
Sep 2010062872.633.98$2,499
Aug 2010067773.684.42$2,992
Jul 2010058772.554.74$2,780
Jun 2010061370.364.91$3,010
May 2010070571.124.24$2,986
Apr 2010066981.694.12$2,758
Mar 2010066278.394.39$2,905
Feb 2010062373.585.44$3,391
Jan 2010066274.365.96$3,948
Dec 200919156871.445.48$16,760
Nov 2009078374.593.75$2,937
Oct 2009087972.544.11$3,613
Sep 2009093365.543.06$2,859
Aug 2009048367.423.22$1,555
Jul 2009041761.133.46$1,445
Jun 2009074366.163.90$2,894
May 200901,00954.743.93$3,961
Apr 200901,01546.773.59$3,641
Mar 200901,02742.144.06$4,169
Feb 2009093432.814.63$4,327
Jan 200901,03035.865.37$5,532
Dec 200801,16837.105.98$6,981
Nov 200801,24955.496.86$8,569
Oct 200801,38475.246.92$9,580
Sep 200801,501101.767.88$11,824
Aug 200801,755114.228.48$14,888
Jul 200802,027131.0811.39$23,086
Jun 2008176934131.3313.03$35,287
May 20080432123.1711.57$5,000
Apr 20080870110.3110.45$9,096
Mar 20080499101.909.66$4,822
Feb 200801,25492.538.77$10,998
Jan 200801,76690.388.21$14,491
Dec 2007059488.337.30$4,337
Nov 200701,93691.677.29$14,117
Oct 200702,48882.856.92$17,222
Sep 2007080975.846.24$5,052
Aug 2007066369.066.39$4,235
Jul 200701,97970.906.39$12,642
Jun 200702,14062.007.55$16,154
May 200702,06158.747.85$16,171
Apr 200701,02359.617.81$7,985
Mar 2007014256.927.30$1,037
Feb 200708955.108.22$731
Jan 200709050.306.73$605
Dec 2006012256.656.92$844
Nov 2006014254.207.62$1,082
Oct 2006023754.906.01$1,425
Sep 2006023960.085.04$1,204
Aug 2006020168.717.34$1,475
Jul 2006018769.376.34$1,186
Jun 2006022666.286.38$1,443
May 2006061866.016.42$3,971
Apr 2006062764.397.36$4,615
Mar 2006067056.707.08$4,746
Feb 2006060857.597.75$4,713
Jan 2006070360.598.93$6,280
Dec 2005075754.9413.42$10,155
Nov 2005071954.6910.59$7,613
Oct 2005085258.3413.80$11,754
Sep 2005084761.4512.08$10,231
Aug 2005087461.519.80$8,562
Jul 2005067055.697.84$5,255
Jun 2005066452.337.38$4,901
May 2005071345.226.65$4,742
Apr 200517668249.207.36$13,679
Mar 2005061650.377.15$4,407
Feb 2005049745.226.31$3,137
Jan 2005053343.166.32$3,370
Dec 2004054039.866.75$3,646
Nov 2004056245.286.33$3,558
Oct 2004074249.706.52$4,834
Sep 2004073143.245.28$3,863
Aug 2004073942.375.55$4,102
Jul 2004074938.286.08$4,557
Jun 2004073436.106.43$4,722
May 2004077037.486.49$5,001
Apr 2004075434.475.86$4,417
Mar 2004079034.365.53$4,369
Feb 2004074732.455.51$4,116
Jan 2004081032.036.30$5,103
Dec 2003082730.266.30$5,211
Nov 2003081628.804.60$3,750
Oct 2003085928.174.76$4,089
Sep 2003086226.314.75$4,094
Aug 2003092329.765.13$4,735
Jul 2003086229.415.17$4,457
Jun 2003079428.565.98$4,750
May 2003091626.595.97$5,471
Apr 2003089926.675.41$4,861
Mar 2003095831.146.10$5,840
Feb 2003087533.487.93$6,935
Jan 200301,01030.315.58$5,638
Dec 200218497526.914.85$9,684
Nov 2002095824.664.14$3,963
Oct 200201,02226.464.23$4,322
Sep 2002097727.443.64$3,552
Aug 200201,05825.963.16$3,348
Jul 200201,09024.583.06$3,337
Jun 200201,06423.733.34$3,552
May 200201,12824.663.58$4,043
Apr 200201,11523.653.51$3,916
Mar 200201,21322.003.10$3,764
Feb 200201,14518.222.38$2,720
Jan 200201,33017.172.38$3,160
Dec 200101,33316.932.36$3,152
Nov 200101,39118.072.41$3,346
Oct 200101,55219.782.53$3,925
Sep 200101,51724.262.25$3,415
Aug 200101,51124.873.05$4,613
Jul 200101,30823.933.20$4,182
Jun 200101,16824.563.82$4,467
May 200101,29825.524.31$5,591
Apr 200101,52424.685.34$8,131
Mar 200101,51924.545.38$8,167
Feb 20011851,24727.755.77$12,325
Jan 200101,66627.478.40$13,992
Dec 200001,70426.889.12$15,545
Nov 200001,75532.215.66$9,930
Oct 200002,02531.235.15$10,420
Sep 200002,16031.875.19$11,203
Aug 200002,49129.644.54$11,311
Jul 200002,70528.534.09$11,063
Jun 200002,99729.304.40$13,179
May 200003,40127.263.68$12,515
Apr 200003,55324.513.12$11,071
Mar 200004,01228.422.86$11,473
Feb 200004,29627.622.73$11,713
Jan 200004,98025.272.48$12,353
Dec 19991835,93324.282.42$18,823
Nov 199905,81023.192.43$14,141
Oct 199904,63920.982.80$13,006
Sep 1999079521.752.62$2,082
Aug 1999074419.262.88$2,139
Jul 1999073217.892.37$1,737
Jun 1999072615.942.36$1,715
May 1999075315.792.32$1,748
Apr 1999073615.102.21$1,625
Mar 1999074312.471.84$1,366
Feb 199906969.981.82$1,265
Jan 1999073310.381.90$1,393
Dec 199807649.201.77$1,355
Nov 1998072410.892.19$1,582
Oct 1998074812.421.97$1,473
Sep 1998075012.592.08$1,562
Aug 1998081111.301.91$1,547
Jul 1998082611.742.24$1,848
Jun 1998078811.242.24$1,763
May 1998092912.622.21$2,050
Apr 1998098013.042.51$2,455
Mar 1998098012.802.31$2,263
Feb 1998091613.952.30$2,106
Jan 199801,05314.702.15$2,269
Dec 199701,06116.322.41$2,558
Nov 199701,06618.193.09$3,292
Oct 199701,15319.253.15$3,632
Sep 199701,08817.742.95$3,215
Aug 199701,04017.862.55$2,657
Jul 199701,09517.582.25$2,460
Jun 199701,11517.242.26$2,517
May 199701,33018.972.31$3,070
Apr 1997088317.882.08$1,839
Mar 199701,16918.951.94$2,267
Feb 199701,36120.492.21$3,002
Jan 199701,54123.483.54$5,455
Dec 199601,60023.32$0
Nov 199601,69121.97$0
Oct 199601,56923.31$0
Sep 199601,62822.22$0
Aug 199602,10020.26$0
Jul 199603,44119.55$0
Jun 1996084718.73$0
May 199601,42419.43$0
Apr 199601,67921.51$0
Mar 199601,92419.38$0
Feb 199601,82516.98$0
Jan 199602,11317.07$0
Dec 199502,09517.19$0
Nov 199502,10516.00$0
Oct 199502,22615.43$0
Sep 199502,30516.18$0
Aug 199502,47915.92$0
Jul 199502,49815.24$0
Jun 199502,76916.41$0
May 199503,65617.56$0
Apr 199504,68517.73$0
Mar 199503,13116.44$0
Feb 199503,61516.58$0
Jan 199504,73315.92$0
Dec 199404,87515.03$0
Nov 199424,81915.90$32
Oct 199406,11715.58$0
Sep 199406,05215.29$0
Aug 199406,58616.13$0
Jul 199406,97017.56$0
Jun 199407,27317.09$0
May 199407,98115.88$0
Apr 199408,23914.14$0
Mar 199409,24012.46$0
Feb 199408,60112.50$0
Jan 1994010,04512.66$0
Dec 1993011,48112.33$0
Nov 1993013,30214.49$0
Oct 1993016,00915.85$0
Sep 199319413,39915.03$2,916
Aug 1993016,33815.66$0
Jul 199309,39015.46$0
Jun 199309,46616.79$0
May 199316513,27117.68$2,917
Apr 1993014,09918.05$0
Mar 199308,26818.14$0
Feb 199306,73617.90$0
Jan 19931305,79616.93$2,201

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.

Dec 2024 — as filed, then multipliedworked
Condensate            13 bbl  × $ 68.99 =       $897
Gas                  112 Mcf  × $  3.12 =       $350

────────────────────────────────────────────────────
Month total                                   $1,246

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. 7C/G/119089 is the state's own key, not one this site invented.