FALKS GAS UNIT 1

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268722District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$22.0 M
Aug 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
166
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 80 acres. The field rule took effect on 2017-10-10.

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: GAS WELLS

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 Gas112013-08-09210189
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
CondensateDisposition131,988 bbl$9,788,573
GasProduction3,639,276 Mcf$12,166,481
Total$21,955,054

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 28.7293, -97.9903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.72932, -97.99026 · 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
12,700 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 12,700 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-25532279B 2H12,700 ftAug 2012

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 (166)

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

166 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 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
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 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
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 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
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201901755.302.75$47
Oct 201902253.472.42$53
Sep 20190055.052.66$0
Aug 201982053.112.30$4,355
Jul 201952010,52256.272.46$55,145
Jun 20191,85140,80552.782.49$199,349
May 201971719,74658.482.74$96,041
Apr 20192667,16262.632.75$36,360
Mar 201965025,12856.803.06$113,864
Feb 201951822,88350.852.79$90,235
Jan 201946224,55246.033.23$100,524
Dec 201845824,52946.594.19$124,003
Nov 201850725,86352.934.24$136,423
Oct 201842723,69661.443.40$106,756
Sep 201855427,33759.543.11$117,949
Aug 201867328,60359.403.07$127,689
Jul 201866640,10765.142.93$160,972
Jun 20182236,53760.183.08$33,534
May 201864434,38965.382.90$141,860
Apr 201855024,81363.842.90$107,090
Mar 201878439,72461.222.79$158,701
Feb 201855726,71261.782.77$108,300
Jan 201870529,89062.874.01$164,162
Dec 201752024,87157.272.92$102,442
Nov 201767629,42855.423.12$129,231
Oct 201775031,93849.292.98$132,260
Sep 201756128,49047.523.09$114,615
Aug 201766431,52545.373.00$124,839
Jul 201784540,37743.873.09$161,725
Jun 201766641,76242.493.09$157,229
May 201773742,51545.373.26$172,181
Apr 201777741,77147.933.21$171,393
Mar 201780748,11846.772.98$181,312
Feb 201779844,79650.452.95$172,524
Jan 201790746,50649.413.42$203,810
Dec 201677950,37248.763.72$225,510
Nov 201695854,94242.492.64$185,991
Oct 20161,03660,52046.193.09$234,875
Sep 20161,24561,57941.553.10$242,663
Aug 20161,33765,31641.442.92$246,411
Jul 20161,25361,83141.622.92$232,965
Jun 20161,52160,74445.352.69$232,125
May 20161,28370,43342.521.99$194,788
Apr 201624811,63036.561.99$32,223
Mar 20161,00855,30633.011.79$132,494
Feb 20161,80981,17526.472.06$215,399
Jan 20161,54454,02027.352.36$169,951
Dec 201544712,53632.362.00$39,555
Nov 20152456,25238.792.17$23,054
Oct 20151,01025,39243.552.43$105,601
Sep 20151,51539,45842.992.76$173,972
Aug 20151,85150,47640.162.87$219,328
Jul 201558214,54248.152.95$70,851
Jun 201568923,89756.152.88$107,579
May 20151,16347,48755.212.96$204,555
Apr 20152,54348,20849.822.71$257,171
Mar 20151,82928,96442.892.93$163,447
Feb 20152,29345,06344.662.98$236,521
Jan 20152,93952,90543.433.10$291,680
Dec 20143,10950,94254.693.59$352,982
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20141,40424,73696.564.18$238,957
Jun 20142,65454,40998.164.74$518,246
May 20142,58349,25794.734.73$477,504
Apr 20141,84053,35895.944.81$433,135
Mar 20143,75457,74195.895.06$651,956
Feb 20142,74237,32897.406.19$498,206
Jan 20142,81344,45290.404.86$470,364
Dec 20133,37948,33791.824.35$520,742
Nov 20133,32154,51888.853.74$498,874
Oct 20133,25461,19597.423.78$548,283
Sep 20131,59433,637104.113.72$291,005
Aug 2013068,165104.253.52$240,119
Jul 20134,15772,042102.523.72$694,009
Jun 20135,17771,93294.403.93$771,647
May 20133,63737,10894.834.15$498,861
Apr 20130107,00093.964.28$458,237
Mar 20132,25393,68293.623.91$577,491
Feb 20133,93787,92891.233.42$659,878
Jan 20134,825106,49891.603.42$806,184
Dec 20125,022106,83686.773.42$801,155
Nov 20125,705103,30286.953.62$870,515
Oct 20126,52897,78189.383.40$915,897
Sep 20125,20272,42494.672.92$703,836
Aug 20121,44926,48692.662.91$211,290

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.

Nov 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.30 =         $0
Gas                   17 Mcf  × $  2.75 =        $47

────────────────────────────────────────────────────
Month total                                      $47

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. 02/G/268722 is the state's own key, not one this site invented.