HOLT

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the PORTER'S CREEK (YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255263District 03Field 724815002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.3 M
Jan 2010 – May 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
161
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 29 leases and 29 wells, and the rule below applies to all of them.

Discovered
1988-09-21
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST EFF 8-1-92.

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 Gas112011-07-14202540
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
CondensateDisposition49,354 bbl$3,905,369
GasProduction2,295,322 Mcf$9,388,586
Total$13,293,956

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 29.2727, -96.4102. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.27268, -96.41015 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,958 ft
1 wells filed one
Completion to plug
13.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,958 ft.

Completions filed
Jan 2010
1 of 1 wells
Plug dates filed
Jun 2023
1 of 1 wells

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813509817,958 ftJan 2010Jun 2023Yes

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 (161)

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

161 months

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 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018068160.183.08$2,095
May 201801,27065.382.90$3,684
Apr 201817872863.842.90$13,475
Mar 2018058761.222.79$1,636
Feb 201801,03461.782.77$2,860
Jan 2018088362.874.01$3,540
Dec 201701,07257.272.92$3,132
Nov 2017411,33855.423.12$6,445
Oct 201703,02349.292.98$9,020
Sep 201774347.523.09$3,526
Aug 201702,19345.373.00$6,589
Jul 201735110,40143.873.09$47,509
Jun 201702,71942.493.09$8,394
May 201713930245.373.26$7,292
Apr 2017012947.933.21$414
Mar 201702,73746.772.98$8,166
Feb 2017015750.452.95$464
Jan 2017185049.413.42$9,141
Dec 2016016248.763.72$603
Nov 201605,22242.492.64$13,809
Oct 2016100046.193.09$4,619
Sep 2016187041.553.10$7,770
Aug 20163607,47741.442.92$36,784
Jul 20161769,99741.622.92$36,560
Jun 201601,35045.352.69$3,626
May 201602,19942.521.99$4,378
Apr 2016059136.561.99$1,177
Mar 201636781433.011.79$13,575
Feb 20161838,57926.472.06$22,548
Jan 201618910,52327.352.36$30,049
Dec 201501,53032.362.00$3,062
Nov 20150038.792.17$0
Oct 201505,17043.552.43$12,545
Sep 201518951042.992.76$9,532
Aug 20151803,89040.162.87$18,403
Jul 201505,46848.152.95$16,104
Jun 20151808,62256.152.88$34,963
May 2015011955.212.96$352
Apr 2015083149.822.71$2,249
Mar 2015576,25642.892.93$20,804
Feb 2015016044.662.98$476
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201401,11886.164.05$4,523
Aug 2014132089.394.04$11,799
Jul 2014050796.564.18$2,119
Jun 2014034598.164.74$1,634
May 2014079494.734.73$3,753
Apr 20143674,75395.944.81$58,068
Mar 20142324,98795.895.06$47,465
Feb 20141881,79297.406.19$29,407
Jan 2014342,58890.404.86$15,653
Dec 20132632,83391.824.35$36,485
Nov 20134607,20288.853.74$67,794
Oct 20132647,45297.423.78$53,883
Sep 20132337,177104.113.72$50,940
Aug 20132758,252104.253.52$57,737
Jul 20132769,744102.523.72$64,521
Jun 2013141,90894.403.93$8,827
May 20134487,06494.834.15$71,793
Apr 20132879,94793.964.28$69,565
Mar 201345310,77493.623.91$84,567
Feb 201346510,36591.233.42$77,869
Jan 201345710,99791.603.42$79,470
Dec 201222610,87786.773.42$56,811
Nov 201243412,08486.953.62$81,540
Oct 201242217,08889.383.40$95,812
Sep 201224915,97594.672.92$70,194
Aug 201224820,48792.662.91$82,559
Jul 20121884,37085.133.02$29,205
Jun 201236812,74279.822.52$61,471
May 20121910,99391.612.49$29,095
Apr 201238914,419101.652.00$68,334
Mar 201247320,944105.052.22$96,228
Feb 201259221,790101.102.57$115,857
Jan 201240522,43998.092.73$101,076
Dec 201144527,36296.873.24$131,753
Nov 201160828,87995.723.31$153,824
Oct 201140633,95984.983.65$158,403
Sep 201140637,06283.623.99$181,671
Aug 201160141,44783.404.15$222,100
Jul 201159946,29494.144.52$265,511
Jun 201163343,19292.904.64$259,211
May 201164547,41698.134.40$272,153
Apr 201127252,576105.964.33$256,648
Mar 201182745,37896.364.06$263,804
Feb 201139343,89985.644.18$217,153
Jan 201141719,21486.504.59$124,239
Dec 201089670,72285.734.35$384,296
Nov 20101,01473,42280.843.80$360,632
Oct 20101,07995,16578.103.51$418,193
Sep 20101,509112,29572.633.98$556,473
Aug 20101,672140,65273.684.42$744,785
Jul 20102,937177,50272.554.74$1,053,816
Jun 20103,735202,73870.364.91$1,258,319
May 20105,149192,72771.124.24$1,182,438
Apr 20106,148193,64781.694.12$1,300,577
Mar 20105,360125,79478.394.39$972,239
Feb 20101,60640,44673.585.44$338,291
Jan 20100074.365.96$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.

Jun 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.18 =         $0
Gas                  681 Mcf  × $  3.08 =     $2,095

────────────────────────────────────────────────────
Month total                                   $2,095

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. 03/G/255263 is the state's own key, not one this site invented.