MORSE

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the SAMANO (FIFTH MASSIVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201249District 04Field 800882502 tax incentive programmesCondensateGasSaveExport
Value, all time
$31.9 M
Mar 2004 – May 2026
Value, last 12 filed months
$214 k
at the published price for each month
Months reported
267
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
2003-08-07
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-09-22.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2004.

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 Gas112005-08-16158357
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
CondensateDisposition83,084 bbl$4,439,658
GasProduction4,656,252 Mcf$27,458,251
Total$31,897,909

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 26.3698, -98.5321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.36979, -98.53209 · 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
10,708 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 10,708 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-42733691410,708 ftMar 2004

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 (267)

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

267 months

May 2026534,041106.413.05$17,948
Apr 2026483,84298.932.87$15,774
Mar 2026254,04389.753.15$14,977
Feb 2026543,82163.503.75$17,759
Jan 2026553,63559.138.00$32,325
Dec 2025544,30756.664.41$22,068
Nov 2025273,99758.593.93$17,276
Oct 2025524,11659.383.30$16,690
Sep 2025274,18162.743.08$14,559
Aug 2025544,38263.933.01$16,663
Jul 2025273,94866.743.32$14,890
Jun 2025283,54666.483.13$12,956
May 2025263,69660.553.23$13,521
Apr 2025513,83662.363.54$16,772
Mar 2025254,04667.704.27$18,962
Feb 2025513,60770.884.34$19,272
Jan 2025504,27474.324.28$22,003
Dec 2024503,58168.993.12$14,627
Nov 2024534,25069.052.20$13,003
Oct 2024434,41471.372.28$13,139
Sep 2024204,13369.612.36$11,164
Aug 2024414,65275.632.06$12,701
Jul 2024655,45979.932.15$16,914
Jun 2024314,46678.082.63$14,184
May 202401,26878.812.20$2,788
Apr 202404,35484.451.66$7,224
Mar 2024744,98480.301.55$13,643
Feb 2024394,10276.091.78$10,284
Jan 202405,19673.023.30$17,135
Dec 2023626,05671.262.61$20,229
Nov 202306,57377.892.81$18,454
Oct 202309,55685.443.09$29,502
Sep 202307,14289.042.74$19,534
Aug 2023032780.522.67$874
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023551,81778.122.24$8,363
Mar 202304,35372.852.39$10,417
Feb 202304,07175.112.47$10,038
Jan 202304,16776.533.39$14,117
Dec 202204,38676.415.73$25,128
Nov 2022513,18085.005.65$22,290
Oct 202204,43787.185.86$26,018
Sep 202204,79284.888.16$39,120
Aug 202204,27394.529.13$39,000
Jul 2022464,328101.587.54$37,315
Jun 202203,507115.097.98$27,976
May 202204,630109.378.43$39,045
Apr 2022492,302104.226.84$20,847
Mar 202204,517108.885.08$22,930
Feb 202203,77091.054.86$18,318
Jan 2022404,25681.844.54$22,586
Dec 202106,27971.323.90$24,483
Nov 202104,85177.435.24$25,404
Oct 202104,01479.795.71$22,935
Sep 2021243,25569.865.35$19,094
Aug 202103,42866.024.22$14,468
Jul 202103,73470.783.98$14,869
Jun 202194,54769.493.38$15,997
May 202104,53063.483.02$13,670
Apr 202104,05460.362.76$11,183
Mar 2021124,80461.302.72$13,788
Feb 202104,45857.805.55$24,733
Jan 202107,06350.412.81$19,849
Dec 2020114,17644.642.68$11,664
Nov 2020112,59238.772.71$7,442
Oct 202005,23436.972.48$12,972
Sep 202004,74737.091.99$9,451
Aug 202005,38939.982.39$12,853
Jul 202075,37438.371.83$10,077
Jun 202003,49234.901.69$5,903
May 202006,05916.921.81$10,996
Apr 2020127,27714.751.80$13,307
Mar 202005,53630.341.86$10,276
Feb 202054,49449.881.98$9,151
Jan 202064,50757.252.09$9,784
Dec 201975,81259.012.30$13,806
Nov 2019105,50955.302.75$15,707
Oct 2019196,65653.472.42$17,114
Sep 2019186,90455.052.66$19,337
Aug 201906,04853.112.30$13,937
Jul 2019184,40456.272.46$11,847
Jun 201906,38652.782.49$15,909
May 2019205,76658.482.74$16,970
Apr 2019216,49662.632.75$19,184
Mar 2019256,67756.803.06$21,866
Feb 201906,08850.852.79$16,999
Jan 2019476,10846.033.23$21,881
Dec 201807,01546.594.19$29,361
Nov 2018165,39152.934.24$23,690
Oct 2018134,01361.443.40$14,435
Sep 2018114,28959.543.11$13,985
Aug 2018125,20959.403.07$16,687
Jul 2018305,11065.142.93$16,936
Jun 2018184,77760.183.08$15,782
May 2018574,56665.382.90$16,972
Apr 2018305,43063.842.90$17,667
Mar 2018294,98561.222.79$15,668
Feb 2018333,63661.782.77$12,096
Jan 2018764,21462.874.01$21,673
Dec 2017364,31357.272.92$14,662
Nov 2017695,21755.423.12$20,092
Oct 2017415,18149.292.98$17,479
Sep 2017725,63847.523.09$20,828
Aug 2017233,13745.373.00$10,468
Jul 2017445,42143.873.09$18,666
Jun 2017423,78542.493.09$13,470
May 2017464,25845.373.26$15,983
Apr 2017444,84247.933.21$17,659
Mar 2017815,15246.772.98$19,160
Feb 2017885,49250.452.95$20,655
Jan 20171026,28649.413.42$26,530
Dec 2016454,61548.763.72$19,375
Nov 2016585,18742.492.64$16,181
Oct 2016626,13646.193.09$21,826
Sep 2016536,21341.553.10$21,466
Aug 2016496,01941.442.92$19,632
Jul 2016945,69141.622.92$20,555
Jun 2016485,49145.352.69$16,925
May 2016496,45142.521.99$14,928
Apr 2016526,46736.561.99$14,777
Mar 20161456,56633.011.79$16,566
Feb 20161547,11326.472.06$18,755
Jan 20161096,89727.352.36$19,288
Dec 20151527,01532.362.00$18,959
Nov 20152636,03138.792.17$23,273
Oct 20151147,35743.552.43$22,817
Sep 20151817,06142.992.76$27,258
Aug 2015624,83740.162.87$16,384
Jul 201506,83948.152.95$20,141
Jun 2015627,66956.152.88$25,590
May 20151186,90555.212.96$26,922
Apr 201507,32849.822.71$19,834
Mar 2015606,77742.892.93$22,462
Feb 2015626,59444.662.98$22,394
Jan 20151227,99343.433.10$30,082
Dec 20141217,37054.693.59$33,086
Nov 2014657,78470.464.25$37,676
Oct 20141288,30078.303.90$42,400
Sep 2014638,04386.164.05$37,966
Aug 2014626,82189.394.04$33,066
Jul 20141236,59396.564.18$39,433
Jun 2014606,71898.164.74$37,712
May 20141247,25394.734.73$46,028
Apr 20141237,32895.944.81$47,042
Mar 20141237,16695.895.06$48,032
Feb 2014627,63297.406.19$53,296
Jan 20141227,70090.404.86$48,456
Dec 20131226,49891.824.35$39,497
Nov 20131228,38788.853.74$42,193
Oct 20131797,63797.423.78$46,301
Sep 2013607,204104.113.72$33,029
Aug 20131188,903104.253.52$43,663
Jul 2013607,027102.523.72$32,276
Jun 20131808,12294.403.93$48,939
May 20131818,85294.834.15$53,892
Apr 2013585,18693.964.28$27,659
Mar 20131788,26393.623.91$48,996
Feb 20131777,52991.233.42$41,896
Jan 20131178,50591.603.42$39,804
Dec 20122408,56586.773.42$50,118
Nov 20121818,79586.953.62$47,619
Oct 20121218,59889.383.40$40,045
Sep 20121179,32794.672.92$38,296
Aug 20121198,42192.662.91$35,516
Jul 20121779,31685.133.02$43,210
Jun 20121199,76279.822.52$34,089
May 20121188,77191.612.49$32,635
Apr 20121778,756101.652.00$35,476
Mar 20121789,437105.052.22$39,669
Feb 20121778,489101.102.57$39,713
Jan 201217410,11298.092.73$44,715
Dec 20112339,99496.873.24$54,949
Nov 20111769,69095.723.31$48,933
Oct 201128710,51684.983.65$62,757
Sep 2011589,24783.623.99$41,707
Aug 20112329,65683.404.15$59,415
Jul 201111510,12094.144.52$56,541
Jun 201123410,80992.904.64$71,891
May 20111749,61698.134.40$59,431
Apr 201111611,103105.964.33$60,404
Mar 201123710,78996.364.06$66,612
Feb 20111768,55985.644.18$50,849
Jan 201123210,32486.504.59$67,443
Dec 201029611,26485.734.35$74,349
Nov 201017611,76780.843.80$58,887
Oct 201023111,72978.103.51$59,197
Sep 201017810,30472.633.98$53,933
Aug 201023512,57873.684.42$72,902
Jul 201016810,05372.554.74$59,804
Jun 20101769,12070.364.91$57,166
May 201017611,61771.124.24$61,718
Apr 201023212,74781.694.12$71,504
Mar 201023412,26978.394.39$72,188
Feb 201018113,30873.585.44$85,745
Jan 201017711,75774.365.96$83,282
Dec 20091759,78071.445.48$66,133
Nov 200917213,26274.593.75$62,582
Oct 200911412,18472.544.11$58,349
Sep 200923613,78865.543.06$57,724
Aug 200917714,43267.423.22$58,383
Jul 200917715,47961.133.46$64,447
Jun 200917710,78966.163.90$53,733
May 200923214,33454.743.93$68,971
Apr 200928713,77846.773.59$62,852
Mar 200916913,69142.144.06$62,693
Feb 200923213,48032.814.63$70,065
Jan 200923213,99235.865.37$83,471
Dec 200829015,53737.105.98$103,626
Nov 200823217,65955.496.86$134,021
Oct 200817513,98175.246.92$109,943
Sep 200822813,966101.767.88$133,213
Aug 200822715,586114.228.48$158,144
Jul 200822315,874131.0811.39$210,027
Jun 200823116,496131.3313.03$245,323
May 200829017,948123.1711.57$243,455
Apr 200811916,582110.3110.45$186,489
Mar 200840717,839101.909.66$213,871
Feb 200824615,57492.538.77$159,355
Jan 200839616,33190.388.21$169,798
Dec 200723618,20188.337.30$153,749
Nov 200730218,37391.677.29$161,655
Oct 200722819,49182.856.92$153,806
Sep 200722519,70975.846.24$140,130
Aug 200728819,65569.066.39$145,444
Jul 200723421,62370.906.39$154,717
Jun 200730121,44162.007.55$180,508
May 200732220,82458.747.85$182,305
Apr 200735020,09059.617.81$177,670
Mar 200756123,87056.927.30$206,230
Feb 200764318,82255.108.22$190,071
Jan 200744116,60150.306.73$133,855
Dec 200657525,31556.656.92$207,714
Nov 200673026,68854.207.62$242,861
Oct 200652221,23654.906.01$156,367
Sep 200658926,59760.085.04$169,362
Aug 200672728,60168.717.34$259,881
Jul 200667228,94469.376.34$230,201
Jun 200672928,53766.286.38$230,495
May 200679231,19566.016.42$252,708
Apr 200666230,86664.397.36$269,815
Mar 200690433,39356.707.08$287,777
Feb 200690130,08357.597.75$285,066
Jan 200695035,74260.598.93$376,855
Dec 200589736,68254.9413.42$541,385
Nov 20051,13438,08954.6910.59$465,320
Oct 200598441,61558.3413.80$631,517
Sep 20051,12041,78761.4512.08$573,569
Aug 200586746,29361.519.80$506,854
Jul 20051,01946,19655.697.84$419,093
Jun 20051,14050,11252.337.38$429,535
May 20051,07853,08245.226.65$401,804
Apr 20051,45256,70549.207.36$488,814
Mar 20051,45961,40950.377.15$512,864
Feb 20051,32456,85745.226.31$418,748
Jan 20051,86662,98843.166.32$478,759
Dec 20041,56669,15139.866.75$529,265
Nov 20041,83278,20145.286.33$577,998
Oct 20041,85483,48049.706.52$636,024
Sep 20042,185105,96943.245.28$654,409
Aug 20042,848148,43242.375.55$944,565
Jul 20043,378193,57138.286.08$1,307,031
Jun 20043,667211,29136.106.43$1,491,618
May 20045,725298,47837.486.49$2,153,062
Apr 20047,441374,89534.475.86$2,452,799
Mar 20045,729344,63034.365.53$2,102,701

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            53 bbl  × $106.41 =     $5,640
Gas                4,041 Mcf  × $  3.05 =    $12,308

────────────────────────────────────────────────────
Month total                                  $17,948

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. 04/G/201249 is the state's own key, not one this site invented.