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Royalty Clerk

Texas gas well · RRC district 01 · Lease 270433

Producing

LIGHT RANCH

Light Ranch is a gas well in LA Salle County, Texas, operated by Verdun Oil & Gas LLC in the Hawkville (Eagleford Shale) field. The Railroad Commission shows 27,445 mcf of gas in the 12 months through Jul 2026.

Gas well dossier · 1 well

27,445mcf gas, last 12 months+13% vs prior year
Operator
Verdun Oil & Gas LLC
County
LA Salle County
Field
Hawkville (Eagleford Shale)
RRC lease
01-270433

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Where it sits

This county

LA Salle CountyLA SalleZavalaAtascosaMcMullenDimmitFrioLA Salle County
LA Salle County · RRC district 01Open LA Salle County →
Oil, last 12 months
534 bbl
Gas in Jul 2026
1,238 mcf
Reporting to the state
since Jan 2020
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this gas well produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Gas output rose 13% over the last 12 months

27,445 mcf in the 12 months through Jul 2026, against 24,250 mcf in the 12 months before.

  • Gas (bars, left axis)
  • Oil (line, right axis)
  • Last 12 months
Gas output rose 13% over the last 12 monthsMonthly gas production and oil for LIGHT RANCH, Aug 2023 to Jul 2026. Gas output rose 13% over the last 12 months. 27,445 mcf in the 12 months through Jul 2026, against 24,250 mcf in the 12 months before.Last 12 months: 27,445 mcfmcf per monthbbl per month002,000254,000506,000758,00010010k125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 13% over the last 12 monthsMonthly gas production and oil for LIGHT RANCH, Aug 2023 to Jul 2026. Gas output rose 13% over the last 12 months. 27,445 mcf in the 12 months through Jul 2026, against 24,250 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,000254,000506,000758,00010010k125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas well 270433, district 01. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since Dec 2025 the lease's gas goes to a transmission line instead of lease fuel

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Dec 2025 the lease's gas goes to a transmission line instead of lease fuelShare of LIGHT RANCH gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2025: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2025 the lease's gas goes to a transmission line instead of lease fuelShare of LIGHT RANCH gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a transmission line instead of lease fuel. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of gas by disposition code0%50%100%Dec 25: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 270433, district 01. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 1.2% of the gas was flared. No month went above 3%.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed once, most recently in Jun 2024

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeRepsol Oil & Gas USA, LLC, Jan 2020 to May 2024; Verdun Oil & Gas LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Jun 2024Repsol Oil & Gas USA, LLCJan 2020 to May 2024Verdun Oil & Gas LLCJun 2024 to now
Operators of this lease over timeRepsol Oil & Gas USA, LLC, Jan 2020 to May 2024; Verdun Oil & Gas LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Jun 2024Repsol Oil & Gas USA, LLCJan 2020 to May 2024Verdun Oil & Gas LLCJun 2024 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to gas well 270433 in district 01. The API number is the state’s ID for a well.
Wells on LIGHT RANCH
API numberWell no.Status
42-283-33458Y 3HActive

SourceTexas Railroad Commission Wellbore Query, district 01, lease 270433.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Condensate

    Repsol Oil & Gas Usa, LLC gathers it.

    100% of it, on the list since Jun 1, 2024

  • Gas from gas wells

    Repsol Oil & Gas Usa, LLC buys and gathers it.

    Repsol Oil & Gas Usa, LLC buys it: 100% of it, on the list since Jun 1, 2024 · Repsol Oil & Gas Usa, LLC gathers it: 100% of it, on the list since Jun 1, 2024

Companies that used to be listed: Plains Marketing, L.p. (gathers it, until Jun 1, 2024); Verdun Oil & Gas LLC (gathers it, until Jun 1, 2024); Cokinos Energy, L.l.c. (buys it, until Jun 1, 2024); Verdun Oil & Gas LLC (buys it, until Jun 1, 2024); Repsol Oil & Gas Usa, LLC (gathers it, until Jan 7, 2024); Repsol Oil & Gas Usa, LLC (gathers it, until Jan 7, 2024).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

2,307.73 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Oct 8, 2012
Latest permit
Aug 21, 2012
Wells and acres on the permits for Light Ranch
API numberWell no.Acreson the permit
42-283-33458Y 3H2,307.73

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

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Estimator

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Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says LIGHT RANCH sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

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Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for LIGHT RANCH
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Verdun Oil22211,2381,1844$80.46$2.89
Jun 2026Verdun Oil60612,3992,26242$84.81$3.15
May 2026Verdun Oil55552,5952,45163$102.13$2.94
Apr 2026Verdun Oil70703,2083,09036$100.32$2.77
Mar 2026Verdun Oil62613,2743,1854$91.38$3.04
Feb 2026Verdun Oil34342,1302,03544$64.51$3.62
Jan 2026Verdun Oil55553,1633,05747$60.04$7.72
Dec 2025Verdun Oil811054,8734,471132$57.97$4.26
Nov 2025Verdun Oil47231,70804$60.06$3.79
Oct 2025Verdun Oil00000$60.89$3.19
Sep 2025Verdun Oil2848770$63.96$2.97
Aug 2025Verdun Oil20252,8502,3970$64.86$2.91
Jul 2025Verdun Oil25242,6882,3150$68.39$3.20
Jun 2025Verdun Oil36702,1772,1770$68.17$3.02
May 2025Verdun Oil64372,0562,0560$62.17$3.12
Apr 2025Verdun Oil40321,8221,8220$63.54$3.42
Mar 2025Verdun Oil14291,5181,5180$68.24$4.12
Feb 2025Verdun Oil56291,6321,6320$71.53$4.19
Jan 2025Verdun Oil41441,9161,9160$75.74$4.13
Dec 2024Verdun Oil47382,1192,1190$70.12$3.01
Nov 2024Verdun Oil39343,5623,5620$69.95$2.12
Oct 2024Verdun Oil011281280$71.99$2.20
Sep 2024Verdun Oil278648640$70.24$2.28
Aug 2024Verdun Oil32263,7683,7680$76.68$1.99
Jul 2024Verdun Oil36661,5671,5670$81.80$2.07
Jun 2024Verdun Oil73583,2723,2720$79.77$2.54
May 2024Repsol Oil69773,7363,3600$80.02$2.12
Apr 2024Repsol Oil911104,2463,8410$85.35$1.60
Mar 2024Repsol Oil851014,2743,8420$81.28$1.49
Feb 2024Repsol Oil102834,7614,2650$77.25$1.72
Jan 2024Repsol Oil67753,5933,2660$74.15$3.18
Dec 2023Repsol Oil93635,1184,6610$71.90$2.52
Nov 2023Repsol Oil39373,2512,8680$77.69$2.71
Oct 2023Repsol Oil37412,2041,9580$85.64$2.98
Sep 2023Repsol Oil64773,2722,9680$89.43$2.64
Aug 2023Repsol Oil1211265,1594,6810$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorVerdun Oil & Gas LLCFieldHawkville (Eagleford Shale)CountyLA Salle County

Verdun Oil & Gas LLC in LA Salle County

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Hawkville (Eagleford Shale) field

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How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Gas sold” volume for the month the check covers and multiply it by your decimal. The answer should match the mcf on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, gas well 270433, district 01, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.