RICHTER-NILES

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 265207District 03Field 72481500CondensateGasSaveExport
Value, all time
$10.4 M
Oct 2011 – May 2026
Value, last 12 filed months
$365 k
at the published price for each month
Months reported
176
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.

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
CondensateDisposition33,994 bbl$2,560,787
GasProduction2,274,188 Mcf$7,830,503
Total$10,391,290

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 29.2932, -96.3866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.29319, -96.38656 · 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
8,020 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 8,020 ft.

Completions filed
Oct 2011
1 of 1 wells

1 well

42-4813521128,020 ftOct 2011

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 (176)

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

176 months

May 20261786,751106.413.05$39,503
Apr 202607,68698.932.87$22,057
Mar 202607,71289.753.15$24,288
Feb 202606,89163.503.75$25,843
Jan 202607,44459.138.00$59,537
Dec 202507,98956.664.41$35,258
Nov 202506,90458.593.93$27,108
Oct 202507,81859.383.30$25,837
Sep 202507,67362.743.08$23,609
Aug 202508,24563.933.01$24,857
Jul 20251776,96266.743.32$34,893
Jun 202507,04866.483.13$22,051
May 202506,89460.553.23$22,284
Apr 202507,91062.363.54$28,026
Mar 202508,09967.704.27$34,569
Feb 202502,13070.884.34$9,246
Jan 20251797,29574.324.28$44,516
Dec 202408,89468.993.12$27,761
Nov 202408,67869.052.20$19,078
Oct 202408,11071.372.28$18,502
Sep 202408,91969.612.36$21,088
Aug 20241717,19075.632.06$27,770
Jul 202407,98679.932.15$17,143
Jun 202406,23878.082.63$16,431
May 202408,92478.812.20$19,619
Apr 202408,62384.451.66$14,307
Mar 202407,36880.301.55$11,385
Feb 20241798,18976.091.78$28,226
Jan 202407,06273.023.30$23,288
Dec 202309,62971.262.61$25,139
Nov 202306,10577.892.81$17,140
Oct 202309,36485.443.09$28,909
Sep 202309,49489.042.74$25,966
Aug 20231715,88780.522.67$29,504
Jul 202305,07374.852.64$13,402
Jun 202309,21968.962.26$20,821
May 202309,47870.622.23$21,111
Apr 202309,42078.122.24$21,080
Mar 202309,63872.852.39$23,065
Feb 20231798,87075.112.47$35,315
Jan 202309,55976.533.39$32,383
Dec 202208,53976.415.73$48,921
Nov 202209,83985.005.65$55,553
Oct 202217910,40387.185.86$76,606
Sep 2022010,19784.888.16$83,245
Aug 2022010,34894.529.13$94,448
Jul 2022010,935101.587.54$82,473
Jun 202209,816115.097.98$78,304
May 202209,954109.378.43$83,942
Apr 202217810,265104.226.84$88,739
Mar 202209,380108.885.08$47,617
Feb 202209,22491.054.86$44,818
Jan 202218110,52881.844.54$62,586
Dec 2021010,37171.323.90$40,438
Nov 2021010,47377.435.24$54,846
Oct 2021011,02679.795.71$63,001
Sep 2021011,40669.865.35$61,033
Aug 202117611,96566.024.22$62,119
Jul 202109,42370.783.98$37,523
Jun 202118211,42769.493.38$51,278
May 202117911,27763.483.02$45,393
Apr 2021011,52560.362.76$31,791
Mar 202117711,74361.302.72$42,755
Feb 20211866,84657.805.55$48,732
Jan 2021011,78950.412.81$33,130
Dec 202018111,94644.642.68$40,041
Nov 2020010,77538.772.71$29,163
Oct 202007,54836.972.48$18,707
Sep 20201753,47737.091.99$13,414
Aug 2020010,87239.982.39$25,931
Jul 202017710,89338.371.83$26,673
Jun 2020010,61934.901.69$17,949
May 2020011,09816.921.81$20,140
Apr 202014910,77114.751.80$21,633
Mar 202017811,22030.341.86$26,227
Feb 2020010,72349.881.98$21,239
Jan 202017911,27457.252.09$33,864
Dec 201918411,75459.012.30$37,943
Nov 2019011,58355.302.75$31,861
Oct 201917211,31753.472.42$36,567
Sep 201918711,29355.052.66$40,303
Aug 2019011,89953.112.30$27,420
Jul 2019012,22556.272.46$30,074
Jun 201917811,84752.782.49$38,908
May 2019011,98258.482.74$32,835
Apr 201918012,00662.632.75$44,298
Mar 201918011,09456.803.06$44,195
Feb 201914711,42450.852.79$39,373
Jan 201917912,65546.033.23$49,092
Dec 2018012,86346.594.19$53,837
Nov 201815012,47652.934.24$60,803
Oct 201818213,25361.443.40$56,217
Sep 2018012,73859.543.11$39,590
Aug 201814912,79859.403.07$48,096
Jul 201817813,52565.142.93$51,249
Jun 201814912,96460.183.08$48,856
May 201818713,66465.382.90$51,863
Apr 2018011,42463.842.90$33,139
Mar 201834413,98361.222.79$60,028
Feb 2018012,54961.782.77$34,712
Jan 201835610,30562.874.01$63,698
Dec 2017012,64657.272.92$36,946
Nov 201735613,40655.423.12$61,534
Oct 2017013,30949.292.98$39,710
Sep 20171139,34447.523.09$34,217
Aug 201709,63745.373.00$28,953
Jul 201726512,70543.873.09$50,849
Jun 201718712,05742.493.09$45,169
May 201717212,09545.373.26$47,274
Apr 2017011,76647.933.21$37,788
Mar 201736912,86046.772.98$55,628
Feb 201718311,77350.452.95$43,993
Jan 201718311,70249.413.42$49,049
Dec 201618414,40748.763.72$62,607
Nov 201617913,99342.492.64$44,608
Oct 201618314,17246.193.09$52,248
Sep 201618713,54741.553.10$49,774
Aug 201617814,42441.442.92$49,557
Jul 201617714,32341.622.92$49,252
Jun 2016013,95145.352.69$37,470
May 201618714,49842.521.99$36,817
Apr 201626813,93336.561.99$37,539
Mar 201636314,52433.011.79$38,039
Feb 201617713,64126.472.06$32,835
Jan 201618214,96727.352.36$40,365
Dec 201533414,62132.362.00$40,071
Nov 201517913,11038.792.17$35,357
Oct 201518416,04643.552.43$46,950
Sep 201517915,91442.992.76$51,593
Aug 201518216,74240.162.87$55,400
Jul 201536216,58748.152.95$66,280
Jun 201518416,53056.152.88$57,985
May 201535917,48355.212.96$71,491
Apr 201518016,79549.822.71$54,424
Mar 201536917,41942.892.93$66,946
Feb 201519015,66644.662.98$55,110
Jan 201536416,61943.433.10$67,338
Dec 201434117,27654.693.59$80,694
Nov 201437416,40270.464.25$96,091
Oct 201417914,94878.303.90$72,327
Sep 201435920,77086.164.05$114,955
Aug 201417820,99189.394.04$100,613
Jul 201436120,85496.564.18$122,020
Jun 201437220,61898.164.74$134,181
May 201436022,61394.734.73$140,985
Apr 201454721,99395.944.81$158,246
Mar 201437523,64995.895.06$155,547
Feb 201455121,74197.406.19$188,288
Jan 201455324,57090.404.86$169,419
Dec 201357724,53691.824.35$159,822
Nov 201355825,32688.853.74$144,254
Oct 201335827,26597.423.78$137,921
Sep 201373727,598104.113.72$179,331
Aug 201355429,760104.253.52$162,587
Jul 201373631,200102.523.72$191,448
Jun 201372628,06094.403.93$178,906
May 201354024,52494.834.15$152,960
Apr 201390627,93093.964.28$204,741
Mar 201372329,32893.623.91$182,444
Feb 201391923,96391.233.42$165,792
Jan 201372820,82191.603.42$137,891
Dec 201290524,13686.773.42$161,076
Nov 201274427,04186.953.62$162,713
Oct 201276527,81589.383.40$162,938
Sep 201295930,74094.672.92$180,500
Aug 20121,45733,84392.662.91$233,426
Jul 20121,28136,52185.133.02$219,374
Jun 20121,29937,00179.822.52$196,893
May 2012023991.612.49$595
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$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           178 bbl  × $106.41 =    $18,941
Gas                6,751 Mcf  × $  3.05 =    $20,562

────────────────────────────────────────────────────
Month total                                  $39,503

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/265207 is the state's own key, not one this site invented.