CASE

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 141229District 7CField 93410780CondensateGasSaveExport
Value, all time
$1.4 M
Jan 1993 – Apr 2025
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
388
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
CondensateDisposition7,258 bbl$201,027
GasProduction504,519 Mcf$1,209,956
Total$1,410,983

194,718 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 31.0357, -100.7012. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.03572, -100.70123 · 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
6,741 ft
1 wells filed one
Completion to plug
42.0 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 6,741 ft.

Completions filed
Jan 1983
1 of 1 wells
Plug dates filed
Jan 2025
1 of 1 wells

Last completion to plug: a median of 42.0 years across the 1 well that filed both dates, with the middle half between 42.0 years and 42.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133113436,741 ftJan 1983Jan 2025Yes

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 (388)

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

388 months

Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025141074.324.28$10,479
Dec 2024022368.993.12$696
Nov 2024022369.052.20$490
Oct 2024022971.372.28$522
Sep 2024023669.612.36$558
Aug 2024028975.632.06$596
Jul 2024015779.932.15$337
Jun 2024022678.082.63$595
May 2024022878.812.20$501
Apr 2024023784.451.66$393
Mar 2024024080.301.55$371
Feb 2024021176.091.78$376
Jan 2024020573.023.30$676
Dec 2023022671.262.61$590
Nov 2023023877.892.81$668
Oct 2023020085.443.09$617
Sep 2023017989.042.74$490
Aug 2023029380.522.67$783
Jul 2023033074.852.64$872
Jun 2023022768.962.26$513
May 2023024870.622.23$552
Apr 2023029678.122.24$662
Mar 2023026872.852.39$641
Feb 2023026575.112.47$653
Jan 2023020176.533.39$681
Dec 2022022776.415.73$1,301
Nov 2022022085.005.65$1,242
Oct 2022023387.185.86$1,366
Sep 2022024284.888.16$1,976
Aug 2022026094.529.13$2,373
Jul 20220282101.587.54$2,127
Jun 20220281115.097.98$2,242
May 20220273109.378.43$2,302
Apr 20220257104.226.84$1,757
Mar 20220209108.885.08$1,061
Feb 2022015791.054.86$763
Jan 2022022381.844.54$1,012
Dec 2021022671.323.90$881
Nov 2021024177.435.24$1,262
Oct 2021027279.795.71$1,554
Sep 2021026269.865.35$1,402
Aug 2021029166.024.22$1,228
Jul 2021027370.783.98$1,087
Jun 2021029769.493.38$1,004
May 2021012663.483.02$380
Apr 2021029160.362.76$803
Mar 2021033061.302.72$897
Feb 202107257.805.55$399
Jan 2021022450.412.81$630
Dec 2020018944.642.68$506
Nov 2020025138.772.71$679
Oct 2020012236.972.48$302
Sep 2020025037.091.99$498
Aug 2020033039.982.39$787
Jul 2020035338.371.83$644
Jun 2020031634.901.69$534
May 2020022116.921.81$401
Apr 2020026514.751.80$478
Mar 2020029430.341.86$546
Feb 2020026649.881.98$527
Jan 2020028057.252.09$587
Dec 2019027459.012.30$631
Nov 2019026355.302.75$723
Oct 2019026753.472.42$646
Sep 2019026955.052.66$715
Aug 2019028053.112.30$645
Jul 2019031456.272.46$772
Jun 2019026452.782.49$658
May 2019029958.482.74$819
Apr 2019029162.632.75$800
Mar 2019029556.803.06$903
Feb 2019018450.852.79$514
Jan 2019020446.033.23$659
Dec 2018024846.594.19$1,038
Nov 2018028152.934.24$1,191
Oct 2018036261.443.40$1,230
Sep 2018031559.543.11$979
Aug 2018035059.403.07$1,073
Jul 2018032965.142.93$965
Jun 20188935660.183.08$6,451
May 2018035965.382.90$1,041
Apr 2018030263.842.90$876
Mar 2018029761.222.79$828
Feb 2018029061.782.77$802
Jan 2018031862.874.01$1,275
Dec 2017030957.272.92$903
Nov 2017030155.423.12$939
Oct 2017032549.292.98$970
Sep 2017031147.523.09$960
Aug 2017035345.373.00$1,061
Jul 2017032443.873.09$1,000
Jun 2017029142.493.09$898
May 2017034645.373.26$1,129
Apr 2017033247.933.21$1,066
Mar 2017035246.772.98$1,050
Feb 2017032350.452.95$954
Jan 2017034749.413.42$1,186
Dec 2016037248.763.72$1,385
Nov 2016036742.492.64$970
Oct 2016042346.193.09$1,307
Sep 2016032841.553.10$1,017
Aug 2016037141.442.92$1,085
Jul 2016034841.622.92$1,018
Jun 2016030245.352.69$811
May 201616935642.521.99$7,895
Apr 2016733636.561.99$925
Mar 2016035133.011.79$630
Feb 2016032126.472.06$662
Jan 2016036427.352.36$861
Dec 2015036332.362.00$727
Nov 2015036338.792.17$787
Oct 2015032643.552.43$791
Sep 2015035942.992.76$990
Aug 2015040240.162.87$1,155
Jul 2015039848.152.95$1,172
Jun 2015036556.152.88$1,052
May 2015035555.212.96$1,049
Apr 2015036649.822.71$991
Mar 2015038342.892.93$1,124
Feb 2015032944.662.98$979
Jan 2015041143.433.10$1,274
Dec 2014042354.693.59$1,519
Nov 2014038670.464.25$1,641
Oct 2014045478.303.90$1,771
Sep 2014035586.164.05$1,436
Aug 2014038989.394.04$1,570
Jul 2014040896.564.18$1,705
Jun 2014042098.164.74$1,989
May 2014040294.734.73$1,900
Apr 2014042495.944.81$2,039
Mar 2014051395.895.06$2,594
Feb 2014023897.406.19$1,474
Jan 2014036990.404.86$1,794
Dec 2013047791.824.35$2,077
Nov 2013026488.853.74$987
Oct 2013037597.423.78$1,417
Sep 20130446104.113.72$1,658
Aug 20130461104.253.52$1,624
Jul 20130428102.523.72$1,591
Jun 2013033794.403.93$1,326
May 20137441994.834.15$8,756
Apr 2013040093.964.28$1,713
Mar 2013046793.623.91$1,827
Feb 2013038791.233.42$1,324
Jan 2013146091.603.42$1,665
Dec 2012144986.773.42$1,622
Nov 2012040386.953.62$1,461
Oct 2012046489.383.40$1,577
Sep 2012044694.672.92$1,302
Aug 2012047192.662.91$1,370
Jul 2012050485.133.02$1,522
Jun 2012048679.822.52$1,224
May 2012048491.612.49$1,204
Apr 20120453101.652.00$905
Mar 2012126462105.052.22$14,263
Feb 20120415101.102.57$1,067
Jan 2012043298.092.73$1,181
Dec 2011043096.873.24$1,393
Nov 2011047895.723.31$1,583
Oct 2011051184.983.65$1,864
Sep 2011051783.623.99$2,061
Aug 2011053483.404.15$2,216
Jul 2011058094.144.52$2,620
Jun 2011052292.904.64$2,422
May 2011052098.134.40$2,291
Apr 20110484105.964.33$2,097
Mar 2011056996.364.06$2,309
Feb 2011032085.644.18$1,338
Jan 2011042986.504.59$1,969
Dec 2010050385.734.35$2,187
Nov 2010051980.843.80$1,970
Oct 2010055878.103.51$1,958
Sep 2010049872.633.98$1,982
Aug 2010055773.684.42$2,462
Jul 2010046972.554.74$2,221
Jun 201015848170.364.91$13,479
May 2010056471.124.24$2,389
Apr 2010053081.694.12$2,185
Mar 2010052578.394.39$2,304
Feb 2010046673.585.44$2,536
Jan 2010047774.365.96$2,845
Dec 2009044271.445.48$2,424
Nov 2009050974.593.75$1,910
Oct 2009054672.544.11$2,244
Sep 2009051565.543.06$1,578
Aug 2009063867.423.22$2,053
Jul 2009065261.133.46$2,259
Jun 2009060666.163.90$2,360
May 200901154.743.93$43
Apr 2009064246.773.59$2,303
Mar 2009063342.144.06$2,569
Feb 2009055932.814.63$2,590
Jan 2009057535.865.37$3,088
Dec 2008064237.105.98$3,837
Nov 2008064955.496.86$4,452
Oct 2008066875.246.92$4,624
Sep 20080691101.767.88$5,443
Aug 20080730114.228.48$6,193
Jul 20080726131.0811.39$8,269
Jun 2008129737131.3313.03$26,547
May 20080667123.1711.57$7,720
Apr 20080632110.3110.45$6,607
Mar 20080713101.909.66$6,890
Feb 2008071092.538.77$6,227
Jan 2008063790.388.21$5,227
Dec 2007073788.337.30$5,382
Nov 2007064591.677.29$4,703
Oct 2007058882.856.92$4,070
Sep 2007070175.846.24$4,377
Aug 2007075169.066.39$4,797
Jul 2007073570.906.39$4,695
Jun 200719477362.007.55$17,863
May 2007079458.747.85$6,230
Apr 2007074059.617.81$5,776
Mar 2007077956.927.30$5,688
Feb 2007070755.108.22$5,809
Jan 2007074850.306.73$5,032
Dec 2006078556.656.92$5,431
Nov 2006074454.207.62$5,667
Oct 2006072754.906.01$4,372
Sep 2006076860.085.04$3,869
Aug 2006097068.717.34$7,120
Jul 2006096969.376.34$6,146
Jun 2006089066.286.38$5,682
May 200601,04666.016.42$6,721
Apr 200601,12064.397.36$8,244
Mar 200601,10156.707.08$7,798
Feb 2006065357.597.75$5,061
Jan 2006085660.598.93$7,647
Dec 2005076154.9413.42$10,209
Nov 2005070254.6910.59$7,433
Oct 2005075058.3413.80$10,347
Sep 2005070161.4512.08$8,467
Aug 2005074761.519.80$7,318
Jul 2005077855.697.84$6,102
Jun 2005076452.337.38$5,639
May 2005081245.226.65$5,401
Apr 2005078249.207.36$5,756
Mar 2005093450.377.15$6,683
Feb 2005064845.226.31$4,090
Jan 2005078343.166.32$4,950
Dec 2004386039.866.75$5,926
Nov 2004091945.286.33$5,818
Oct 200401,00449.706.52$6,541
Sep 20041731,02543.245.28$12,897
Aug 200401,09442.375.55$6,072
Jul 2004099938.286.08$6,078
Jun 200401,00236.106.43$6,446
May 200401,08337.486.49$7,034
Apr 200401,08034.475.86$6,327
Mar 2004094434.365.53$5,220
Feb 2004097932.455.51$5,394
Jan 200401,03932.036.30$6,545
Dec 200301,08630.266.30$6,844
Nov 200301,11128.804.60$5,105
Oct 200301,14228.174.76$5,436
Sep 200301,17026.314.75$5,557
Aug 200301,24829.765.13$6,402
Jul 200301,18829.415.17$6,143
Jun 20031771,05528.565.98$11,367
May 200301,21026.595.97$7,227
Apr 200301,24826.675.41$6,748
Mar 200301,16731.146.10$7,114
Feb 200301,17033.487.93$9,273
Jan 200301,18430.315.58$6,609
Dec 200201,23726.914.85$6,004
Nov 200201,19324.664.14$4,935
Oct 200201,26026.464.23$5,329
Sep 200201,26127.443.64$4,584
Aug 20021701,31325.963.16$8,568
Jul 200201,34624.583.06$4,121
Jun 200201,16523.733.34$3,889
May 200201,41624.663.58$5,075
Apr 200201,30423.653.51$4,580
Mar 200201,40722.003.10$4,366
Feb 200201,33318.222.38$3,167
Jan 200211,49417.172.38$3,566
Dec 200101,50316.932.36$3,554
Nov 20011871,44518.072.41$6,855
Oct 200101,55819.782.53$3,940
Sep 200101,51424.262.25$3,409
Aug 200101,63224.873.05$4,983
Jul 200101,70223.933.20$5,441
Jun 200101,65224.563.82$6,318
May 200101,75025.524.31$7,538
Apr 200101,74224.685.34$9,294
Mar 200101,74324.545.38$9,371
Feb 20011971,64427.755.77$14,948
Jan 200101,69027.478.40$14,194
Dec 200001,77226.889.12$16,165
Nov 200011,96132.215.66$11,128
Oct 200001,91631.235.15$9,859
Sep 200001,94731.875.19$10,098
Aug 200002,13129.644.54$9,676
Jul 20001772,16428.534.09$13,900
Jun 200002,15829.304.40$9,489
May 200002,33027.263.68$8,574
Apr 200002,36524.513.12$7,369
Mar 200003,21228.422.86$9,186
Feb 20001571,32527.622.73$7,949
Jan 200002,44225.272.48$6,057
Dec 199902,24724.282.42$5,446
Nov 199902,53923.192.43$6,180
Oct 199902,63720.982.80$7,393
Sep 19991762,98821.752.62$11,653
Aug 199902,95819.262.88$8,506
Jul 199912,83317.892.37$6,739
Jun 199902,81615.942.36$6,652
May 199903,00615.792.32$6,977
Apr 19991592,23115.102.21$7,327
Mar 199903,02912.471.84$5,568
Feb 19991882,7909.981.82$6,948
Jan 199903,61710.381.90$6,872
Dec 19981782,4929.201.77$6,057
Nov 199802,60910.892.19$5,703
Oct 199803,07612.421.97$6,057
Sep 199802,94012.592.08$6,123
Aug 199823,12911.301.91$5,991
Jul 199803,23111.742.24$7,229
Jun 199803,03511.242.24$6,790
May 19981893,58112.622.21$10,286
Apr 199803,57513.042.51$8,957
Mar 199803,47412.802.31$8,023
Feb 19981813,20213.952.30$9,887
Jan 199803,55914.702.15$7,669
Dec 199703,87416.322.41$9,341
Nov 19971763,61518.193.09$14,366
Oct 199703,86619.253.15$12,177
Sep 199703,65417.742.95$10,797
Aug 199703,88217.862.55$9,918
Jul 19971773,96417.582.25$12,019
Jun 199703,76317.242.26$8,494
May 199704,10818.972.31$9,483
Apr 19971933,96617.882.08$11,711
Mar 199734,35818.951.94$8,508
Feb 19971903,63620.492.21$11,914
Jan 199704,09123.483.54$14,481
Dec 199604,22823.32$0
Nov 19961883,98121.97$4,130
Oct 199604,43023.31$0
Sep 19961834,14222.22$4,066
Aug 199604,53520.26$0
Jul 199604,46519.55$0
Jun 19961864,45318.73$3,484
May 199604,37619.43$0
Apr 199604,71221.51$0
Mar 199604,78519.38$0
Feb 19961905,01516.98$3,226
Jan 19961815,87017.07$3,090
Dec 19951885,96717.19$3,232
Nov 199505,09616.00$0
Oct 199505,96915.43$0
Sep 19951785,62616.18$2,880
Aug 199506,24115.92$0
Jul 19951836,62115.24$2,789
Jun 19951936,08216.41$3,167
May 199506,81017.56$0
Apr 19951976,10417.73$3,493
Mar 199505,26516.44$0
Feb 19951965,27416.58$3,250
Jan 19951795,55415.92$2,850
Dec 19943659,10515.03$5,486
Nov 19941825,28515.90$2,894
Oct 199401,52715.58$0
Sep 199401,82715.29$0
Aug 199401,50616.13$0
Jul 199401,73017.56$0
Jun 199401,80817.09$0
May 199402,12815.88$0
Apr 199401,79014.14$0
Mar 199402,35312.46$0
Feb 199402,43512.50$0
Jan 199402,53812.66$0
Dec 199302,72012.33$0
Nov 199302,51114.49$0
Oct 199302,77115.85$0
Sep 199302,75215.03$0
Aug 199302,85915.66$0
Jul 19931482,96415.46$2,288
Jun 199302,96216.79$0
May 199303,01317.68$0
Apr 199303,01118.05$0
Mar 199303,20018.14$0
Feb 19931762,97217.90$3,150
Jan 199303,35016.93$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.

Jan 2025 — as filed, then multipliedworked
Condensate           141 bbl  × $ 74.32 =    $10,479
Gas                    0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                  $10,479

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/141229 is the state's own key, not one this site invented.