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 275121District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.7 M
Jul 2014 – May 2026
Value, last 12 filed months
$378 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 Gas112016-08-30217715
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
CondensateDisposition104,797 bbl$5,702,279
GasProduction2,222,268 Mcf$6,968,555
Total$12,670,833

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 28.7107, -98.0050. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.71067, -98.00501 · 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
12,677 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 12,677 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-25533854D 3H12,677 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 2026313,983106.413.05$15,430
Apr 2026104,32198.932.87$13,389
Mar 2026453,80089.753.15$16,007
Feb 20261073,54363.503.75$20,082
Jan 20266703,99259.138.00$71,545
Dec 20252263,92856.664.41$30,141
Nov 20251953,11158.593.93$23,640
Oct 20253234,20459.383.30$33,073
Sep 20253394,40762.743.08$34,829
Aug 20253795,17163.933.01$39,819
Jul 20254125,53966.743.32$45,860
Jun 20253054,45066.483.13$34,199
May 20252974,49960.553.23$32,526
Apr 20252273,54362.363.54$26,709
Mar 20253193,99567.704.27$38,648
Feb 20253124,88670.884.34$43,324
Jan 20254365,61774.324.28$56,437
Dec 20243274,60768.993.12$36,940
Nov 20241994,26069.052.20$23,106
Oct 20243084,56271.372.28$32,390
Sep 20241714,97869.612.36$23,673
Aug 2024546,49775.632.06$17,491
Jul 2024555,95079.932.15$17,168
Jun 20241775,94878.082.63$29,487
May 202437,94978.812.20$17,712
Apr 2024107,52884.451.66$13,335
Mar 20240080.301.55$0
Feb 202403,90276.091.78$6,960
Jan 202403,88573.023.30$12,811
Dec 202346,19571.262.61$16,458
Nov 2023315,84977.892.81$18,836
Oct 2023555,86685.443.09$22,809
Sep 2023425,12689.042.74$17,760
Aug 2023996,61380.522.67$25,647
Jul 20232254,99274.852.64$30,029
Jun 20232595,24668.962.26$29,709
May 20232735,34970.622.23$31,194
Apr 20232986,49478.122.24$37,812
Mar 20232896,01472.852.39$35,446
Feb 20233005,84875.112.47$36,952
Jan 20232786,20676.533.39$42,300
Dec 20222826,04776.415.73$56,191
Nov 20222356,39685.005.65$56,088
Oct 20222645,36387.185.86$54,463
Sep 20222766,31584.888.16$74,981
Aug 20222856,34894.529.13$84,877
Jul 20223306,709101.587.54$84,121
Jun 20222836,693115.097.98$85,962
May 20223537,121109.378.43$98,659
Apr 20224407,130104.226.84$94,609
Mar 20224067,089108.885.08$80,192
Feb 20223236,80991.054.86$62,493
Jan 20224077,82081.844.54$68,794
Dec 20213787,25771.323.90$55,255
Nov 20215187,46977.435.24$79,223
Oct 20213507,93579.795.71$73,266
Sep 20213897,70269.865.35$68,388
Aug 20213748,35666.024.22$59,959
Jul 20212576,50870.783.98$44,106
Jun 20213257,10369.493.38$46,597
May 20213897,93663.483.02$48,642
Apr 20214538,28460.362.76$50,194
Mar 20215669,25161.302.72$59,830
Feb 20213478,94257.805.55$69,666
Jan 20214929,29450.412.81$50,920
Dec 20204719,09744.642.68$45,364
Nov 20205658,83838.772.71$45,826
Oct 20205129,98636.972.48$43,678
Sep 20204417,57337.091.99$31,435
Aug 20205349,53239.982.39$44,084
Jul 20204919,46938.371.83$36,122
Jun 20204659,50734.901.69$32,298
May 20205829,46416.921.81$27,022
Apr 20205339,71414.751.80$25,390
Mar 20205589,48530.341.86$34,536
Feb 20205279,59949.881.98$45,299
Jan 20205079,55357.252.09$49,037
Dec 201940213,95759.012.30$55,884
Nov 20192064,18055.302.75$22,890
Oct 20192352,65753.472.42$18,992
Sep 20195519,26955.052.66$54,963
Aug 20194547,89653.112.30$42,307
Jul 20193298,25856.272.46$38,828
Jun 20191892,44652.782.49$16,069
May 201955110,85858.482.74$61,977
Apr 201963110,88262.632.75$69,453
Mar 201964711,63756.803.06$72,383
Feb 201959310,99550.852.79$60,855
Jan 20191,09212,92046.033.23$91,973
Dec 20181,01312,80046.594.19$100,769
Nov 201875812,43752.934.24$92,819
Oct 201870813,57461.443.40$89,625
Sep 201880913,40059.543.11$89,815
Aug 201869915,14859.403.07$87,973
Jul 201865014,20665.142.93$83,991
Jun 201860215,08560.183.08$82,644
May 201843110,58565.382.90$58,884
Apr 201869615,76963.842.90$90,175
Mar 201887915,83761.222.79$97,948
Feb 201885915,66461.782.77$96,398
Jan 201888215,26962.874.01$116,670
Dec 201786917,60057.272.92$101,186
Nov 201782016,91555.423.12$98,191
Oct 201754212,29949.292.98$63,411
Sep 201758119,00447.523.09$86,280
Aug 20173165,98645.373.00$32,321
Jul 201780523,51343.873.09$107,907
Jun 201759723,68542.493.09$98,489
May 201761825,84545.373.26$112,381
Apr 201775427,28347.933.21$123,761
Mar 201778927,39746.772.98$118,645
Feb 201762717,38650.452.95$82,966
Jan 201786523,75649.413.42$123,957
Dec 201673126,02248.763.72$132,519
Nov 201699830,23042.492.64$122,344
Oct 20161,15033,04746.193.09$155,242
Sep 20161,35434,41541.553.10$162,967
Aug 20161,48638,07741.442.92$172,930
Jul 20161,37738,21241.622.92$169,056
Jun 20161,71541,04245.352.69$188,007
May 20161,37343,64042.521.99$145,269
Apr 201637915,08536.561.99$43,891
Mar 20161,36345,02533.011.79$125,768
Feb 20161,76435,91026.472.06$120,798
Jan 20160027.352.36$0
Dec 201540510,12632.362.00$33,372
Nov 20151,78735,31038.792.17$145,846
Oct 20151,52932,21943.552.43$144,770
Sep 20151,67539,29742.992.76$180,406
Aug 20151,90247,24840.162.87$212,104
Jul 20151,95559,65948.152.95$269,834
Jun 20151,94050,45056.152.88$254,371
May 20152,96258,96555.212.96$337,800
Apr 20153,51656,76249.822.71$328,797
Mar 20154,18162,77042.892.93$363,535
Feb 20153,76757,75444.662.98$340,121
Jan 20154,37268,30743.433.10$401,671
Dec 20144,79874,81154.693.59$531,076
Nov 20143,98366,81270.464.25$564,716
Oct 20143,99179,65078.303.90$623,207
Sep 20142,29734,47886.164.05$337,388
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            31 bbl  × $106.41 =     $3,299
Gas                3,983 Mcf  × $  3.05 =    $12,132

────────────────────────────────────────────────────
Month total                                  $15,430

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/275121 is the state's own key, not one this site invented.