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 272372District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.5 M
Mar 2014 – May 2026
Value, last 12 filed months
$280 k
at the published price for each month
Months reported
147
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 Gas112015-01-23215047
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
CondensateDisposition117,269 bbl$7,872,436
GasProduction2,270,971 Mcf$7,584,990
Total$15,457,426

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 28.7101, -98.0078. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.71007, -98.00781 · 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
12,694 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 12,694 ft.

Completions filed
Mar 2014
1 of 1 wells

1 well

42-25533410D 1H12,694 ftMar 2014

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 (147)

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

147 months

May 2026622,792106.413.05$15,101
Apr 2026713,04298.932.87$15,754
Mar 20261213,88889.753.15$23,105
Feb 20261203,43663.503.75$20,506
Jan 20261714,33259.138.00$44,758
Dec 2025453,65056.664.41$18,658
Nov 2025573,22258.593.93$15,991
Oct 2025323,68359.383.30$14,072
Sep 20251043,57862.743.08$17,534
Aug 20252733,50063.933.01$28,005
Jul 20253933,78166.743.32$38,764
Jun 20252523,64566.483.13$28,157
May 20252983,88060.553.23$30,585
Apr 20252644,01262.363.54$30,678
Mar 20252863,35267.704.27$33,670
Feb 20251593,67770.884.34$27,231
Jan 2025964,16874.324.28$24,968
Dec 20241213,33068.993.12$18,742
Nov 2024603,97069.052.20$12,871
Oct 20241184,34171.372.28$18,325
Sep 2024744,24869.612.36$15,195
Aug 2024464,64975.632.06$13,073
Jul 20244124,80579.932.15$43,246
Jun 20241,1292,31578.082.63$94,250
May 20242035,70978.812.20$28,549
Apr 2024251,28984.451.66$4,250
Mar 20244080.301.55$321
Feb 2024151,42776.091.78$3,687
Jan 2024372,68673.023.30$11,559
Dec 20231773,73671.262.61$22,367
Nov 20232194,22977.892.81$28,931
Oct 20231443,41285.443.09$22,837
Sep 20231385,27589.042.74$26,715
Aug 2023781,10480.522.67$9,231
Jul 20231533,83074.852.64$21,570
Jun 20231244,20368.962.26$18,043
May 20231514,27870.622.23$20,192
Apr 20231103,30278.122.24$15,982
Mar 20232694,33872.852.39$29,978
Feb 20233914,63475.112.47$40,794
Jan 20232903,58976.533.39$34,352
Dec 20222475,15576.415.73$48,407
Nov 2022521,93285.005.65$15,328
Oct 2022653,91487.185.86$28,617
Sep 20221344,68984.888.16$49,653
Aug 20221694,81694.529.13$59,930
Jul 20222675,154101.587.54$65,994
Jun 20223265,483115.097.98$81,258
May 20223773,660109.378.43$72,097
Apr 20224184,856104.226.84$76,767
Mar 20223754,677108.885.08$64,572
Feb 20221796,97691.054.86$50,193
Jan 202215751481.844.54$15,181
Dec 20214135,27971.323.90$50,039
Nov 20214114,87877.435.24$57,369
Oct 20212704,86579.795.71$49,341
Sep 20212624,61669.865.35$43,003
Aug 20213015,16366.024.22$41,663
Jul 20212303,85670.783.98$31,634
Jun 20213424,06969.493.38$37,521
May 20215265,47663.483.02$49,915
Apr 20215376,01360.362.76$49,000
Mar 20215526,62761.302.72$51,843
Feb 20213595,32957.805.55$50,315
Jan 20216057,82950.412.81$52,500
Dec 202060710,07244.642.68$54,044
Nov 20203016,93938.772.71$30,451
Oct 202022536.972.48$136
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 2020273030.341.86$875
Feb 20201822,08649.881.98$13,210
Jan 20203957,21357.252.09$37,723
Dec 20192056,19159.012.30$26,363
Nov 2019141655.302.75$818
Oct 20191092,59153.472.42$12,095
Sep 2019813,94755.052.66$14,947
Aug 20198553.112.30$436
Jul 20195056.272.46$281
Jun 201911598652.782.49$8,526
May 20193166,75958.482.74$37,002
Apr 20193006,45962.632.75$36,556
Mar 20193676,64456.803.06$41,190
Feb 20193136,21850.852.79$33,278
Jan 20195657,28346.033.23$49,518
Dec 20184187,49846.594.19$50,857
Nov 20183817,53652.934.24$52,098
Oct 20184207,86661.443.40$52,534
Sep 20186017,76259.543.11$59,908
Aug 20184267,94159.403.07$49,656
Jul 20183956,03165.142.93$43,412
Jun 20184709,84860.183.08$58,586
May 201843510,35865.382.90$58,487
Apr 20183998,72163.842.90$50,770
Mar 201846210,50061.222.79$57,545
Feb 20184429,90461.782.77$54,702
Jan 20184228,78962.874.01$61,769
Dec 201758911,65157.272.92$67,771
Nov 20174029,18655.423.12$50,924
Oct 20172815,78549.292.98$31,111
Sep 201756514,32947.523.09$71,086
Aug 20172383,27145.373.00$20,625
Jul 201772716,21643.873.09$81,957
Jun 201761721,29842.493.09$91,969
May 201753814,05545.373.26$70,276
Apr 201776219,25647.933.21$98,365
Mar 201773719,58346.772.98$92,899
Feb 201770017,83450.452.95$87,972
Jan 20179634,96349.413.42$64,549
Dec 20161834,96348.763.72$27,399
Nov 201675829,89042.492.64$111,247
Oct 201681733,05546.193.09$139,886
Sep 201692834,27841.553.10$144,842
Aug 201685234,88941.442.92$137,334
Jul 201694837,10841.622.92$147,972
Jun 20161,27537,82245.352.69$159,405
May 20161,12643,74942.521.99$134,984
Apr 201630014,51236.561.99$39,862
Mar 20161,27347,48333.011.79$127,207
Feb 20161,85551,47726.472.06$155,331
Jan 20162,01854,09127.352.36$183,083
Dec 201534711,04032.362.00$33,324
Nov 20151,80241,44538.792.17$159,725
Oct 20151,32833,88243.552.43$140,052
Sep 20151,79950,72042.992.76$217,246
Aug 20151626,65940.162.87$25,634
Jul 20151,66479,79048.152.95$315,110
Jun 20151,87971,68656.152.88$312,167
May 20153,03088,61255.212.96$429,175
Apr 20154,05084,71149.822.71$431,047
Mar 20152,44043,98942.892.93$233,747
Feb 20153,22168,84044.662.98$348,731
Jan 20155,13071,63943.433.10$444,922
Dec 20143,62776,67654.693.59$473,732
Nov 20144,45466,31170.464.25$595,773
Oct 201491116,95978.303.90$137,488
Sep 20142,30327,88186.164.05$311,217
Aug 20143,31044,67689.394.04$476,154
Jul 20146,15977,95296.564.18$920,521
Jun 20148,16473,44098.164.74$1,149,255
May 201411,350110,83694.734.73$1,599,059
Apr 20145,59082,53695.944.81$933,230
Mar 20141,04821,56695.895.06$209,548

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
Condensate            62 bbl  × $106.41 =     $6,597
Gas                2,792 Mcf  × $  3.05 =     $8,504

────────────────────────────────────────────────────
Month total                                  $15,101

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/272372 is the state's own key, not one this site invented.