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 275116District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Jul 2014 – May 2026
Value, last 12 filed months
$185 k
at the published price for each month
Months reported
143
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 Gas112016-08-30217719
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
CondensateDisposition75,621 bbl$4,029,682
GasProduction1,736,033 Mcf$5,390,672
Total$9,420,354

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 28.7104, -98.0063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.71043, -98.00634 · 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
12,683 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 12,683 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-25533409D 2H12,683 ftSep 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 (143)

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

143 months

May 2026403,317106.413.05$14,359
Apr 202622098.932.87$2,176
Mar 2026751,97489.753.15$12,948
Feb 2026682,99763.503.75$15,558
Jan 20263243,65859.138.00$48,415
Dec 2025603,07856.664.41$16,984
Nov 2025392,81058.593.93$13,318
Oct 2025793,32959.383.30$15,693
Sep 2025372,98462.743.08$11,503
Aug 2025173,10763.933.01$10,454
Jul 2025213,11766.743.32$11,735
Jun 2025442,94266.483.13$12,130
May 2025573,22460.553.23$13,872
Apr 2025473,84162.363.54$16,540
Mar 2025892,29667.704.27$15,825
Feb 2025792,66570.884.34$17,168
Jan 20251152,02074.324.28$17,190
Dec 20241563,10168.993.12$20,442
Nov 20241042,70169.052.20$13,119
Oct 2024112,97471.372.28$7,570
Sep 202403,29469.612.36$7,788
Aug 202402,91975.632.06$6,024
Jul 202403,77379.932.15$8,099
Jun 202404,40178.082.63$11,592
May 202416,21978.812.20$13,751
Apr 202445,45984.451.66$9,395
Mar 20240080.301.55$0
Feb 202403,80676.091.78$6,789
Jan 20240073.023.30$0
Dec 2023218271.262.61$618
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202333080.522.67$2,657
Jul 20231524,43174.852.64$23,083
Jun 2023574,37768.962.26$13,816
May 20231549,46370.622.23$31,953
Apr 2023995,72478.122.24$20,543
Mar 2023876,80872.852.39$22,631
Feb 2023926,62775.112.47$23,250
Jan 20231185,72376.533.39$28,418
Dec 2022785,84276.415.73$39,429
Nov 2022513,02185.005.65$21,392
Oct 20221183,96387.185.86$33,525
Sep 20221283,99384.888.16$43,462
Aug 20221474,48194.529.13$54,793
Jul 20222053,686101.587.54$48,624
Jun 20221763,882115.097.98$51,223
May 20221874,147109.378.43$55,424
Apr 20222144,123104.226.84$50,495
Mar 20221874,133108.885.08$41,341
Feb 20221483,98791.054.86$32,848
Jan 20222094,20381.844.54$36,176
Dec 20212354,24971.323.90$33,328
Nov 20212014,37077.435.24$38,448
Oct 2021634,23579.795.71$29,225
Sep 2021334,03469.865.35$23,891
Aug 2021194,46166.024.22$20,082
Jul 202103,17170.783.98$12,627
Jun 202104,49969.493.38$15,209
May 2021334,76763.483.02$16,480
Apr 20211494,45860.362.76$21,291
Mar 20212915,21461.302.72$32,004
Feb 20211794,05157.805.55$32,821
Jan 20212424,81450.412.81$25,728
Dec 20202415,16244.642.68$24,569
Nov 20202644,82438.772.71$23,292
Oct 20202575,20236.972.48$22,394
Sep 20202495,29837.091.99$19,784
Aug 20202655,29939.982.39$23,233
Jul 20202445,35038.371.83$19,127
Jun 20202305,25034.901.69$16,901
May 20202925,30416.921.81$14,566
Apr 20202565,53514.751.80$13,763
Mar 20202815,01930.341.86$17,842
Feb 20202684,97749.881.98$23,226
Jan 20203155,75657.252.09$30,091
Dec 20193337,40659.012.30$36,716
Nov 20191162,53655.302.75$13,391
Oct 20191021,13153.472.42$8,189
Sep 20192584,94655.052.66$27,346
Aug 20191673,29753.112.30$16,467
Jul 20191143,01756.272.46$13,837
Jun 2019911,11652.782.49$7,583
May 20193136,07758.482.74$34,957
Apr 20193855,79862.632.75$40,061
Mar 20195186,76856.803.06$50,147
Feb 20194826,21650.852.79$41,866
Jan 20196157,04846.033.23$51,061
Dec 20185996,91246.594.19$56,837
Nov 20185476,95452.934.24$58,418
Oct 20185407,63261.443.40$59,112
Sep 20184177,11959.543.11$46,954
Aug 20183537,29559.403.07$43,339
Jul 20183486,02965.142.93$40,345
Jun 20183408,32660.183.08$46,080
May 20184069,66165.382.90$54,569
Apr 20185189,63263.842.90$61,010
Mar 201853710,46261.222.79$62,031
Feb 201849812,44361.782.77$65,185
Jan 20181072,37462.874.01$16,245
Dec 201730511,54557.272.92$51,196
Nov 201721311,16855.423.12$46,630
Oct 20172719,39449.292.98$41,386
Sep 201743316,83247.523.09$72,541
Aug 20171865,04245.373.00$23,587
Jul 201748116,57843.873.09$72,282
Jun 201740520,76342.493.09$81,310
May 201742812,05445.373.26$58,755
Apr 201763917,81147.933.21$87,829
Mar 201772522,46946.772.98$100,949
Feb 201758415,48150.452.95$75,172
Jan 20174209,06249.413.42$51,733
Dec 201666419,40648.763.72$104,622
Nov 201672214,23042.492.64$68,307
Oct 201691725,08846.193.09$119,885
Sep 20161,10727,06241.553.10$129,905
Aug 20161,13326,21841.442.92$123,622
Jul 201697126,14741.622.92$116,876
Jun 20161,50133,52645.352.69$158,115
May 20161,19136,51642.521.99$123,346
Apr 201625336.561.99$179
Mar 20161,02627,77933.011.79$83,704
Feb 20161,94940,24626.472.06$134,643
Jan 20161,56928,85727.352.36$111,140
Dec 20150032.362.00$0
Nov 2015421,10938.792.17$4,033
Oct 20151,61446,26943.552.43$182,565
Sep 20151,85858,73742.992.76$241,897
Aug 20152,24272,20840.162.87$297,455
Jul 20152,07877,47148.152.95$328,214
Jun 20152,25367,95856.152.88$322,419
May 20152,19348,10855.212.96$263,256
Apr 20153,30654,35149.822.71$311,810
Mar 20153,63957,80542.892.93$325,718
Feb 20152,80653,39244.662.98$284,221
Jan 20153,37955,74343.433.10$319,588
Dec 20143,92861,31054.693.59$435,009
Nov 20143,94753,85270.464.25$507,076
Oct 20143,93572,62278.303.90$591,406
Sep 20143,11737,47586.164.05$420,164
Aug 20140089.394.04$0
Jul 20140096.564.18$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.

May 2026 — as filed, then multipliedworked
Condensate            40 bbl  × $106.41 =     $4,256
Gas                3,317 Mcf  × $  3.05 =    $10,103

────────────────────────────────────────────────────
Month total                                  $14,359

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/275116 is the state's own key, not one this site invented.