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FALCON

Operated by MOUNTAIN V TEXAS, LLC (P-5 103601) in the FALCON (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265120District 04Field 30079400CondensateGasSaveExport
Value, all time
$8.2 M
Jun 2012 – May 2026
Value, last 12 filed months
$246 k
at the published price for each month
Months reported
168
no gaps in the span
Streams
2
condensate, gas

The FALCON (QUEEN CITY) field

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2012-06-18
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: “AOF-1 AND AOF-2 EFFECTIVE 03/01/2014.”

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
CondensateDisposition23,204 bbl$1,783,086
GasProduction1,842,445 Mcf$6,386,379
Total$8,169,465

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 26.5398, -98.7622. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.53979, -98.76224 · 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
11,000 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 11,000 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-42734594111,000 ftJun 2012——

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 (168)

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

168 months

May 20261282,454106.413.05$21,095
Apr 202604,73698.932.87$13,591
Mar 20261025,25489.753.15$25,702
Feb 2026963,52863.503.75$19,327
Jan 202602,28159.138.00$18,243
Dec 202504,74856.664.41$20,955
Nov 202505,28758.593.93$20,759
Oct 20251305,70959.383.30$26,587
Sep 202503,78462.743.08$11,643
Aug 20251325,28163.933.01$24,360
Jul 202505,44066.743.32$18,035
Jun 20251345,26966.483.13$25,394
May 202505,84760.553.23$18,899
Apr 20252645,51862.363.54$36,014
Mar 202505,10667.704.27$21,794
Feb 202504,67870.884.34$20,306
Jan 20251363,39974.324.28$24,651
Dec 202405,72368.993.12$17,864
Nov 202405,66469.052.20$12,452
Oct 20241334,98871.372.28$20,872
Sep 202406,12569.612.36$14,482
Aug 20242026,97275.632.06$29,665
Jul 202406,97079.932.15$14,962
Jun 20240078.082.63$0
May 202496078.812.20$7,566
Apr 202405,35984.451.66$8,892
Mar 2024946,46280.301.55$17,533
Feb 202404,92776.091.78$8,788
Jan 202404,26573.023.30$14,065
Dec 202304,26471.262.61$11,132
Nov 20231152,42777.892.81$15,771
Oct 2023975,94785.443.09$26,648
Sep 202304,23889.042.74$11,591
Aug 202306,37180.522.67$17,029
Jul 2023966,57674.852.64$24,558
Jun 2023964,34968.962.26$16,442
May 202306,07470.622.23$13,529
Apr 2023966,28378.122.24$21,559
Mar 202306,51272.852.39$15,584
Feb 202304,68375.112.47$11,547
Jan 20231935,24176.533.39$32,525
Dec 2022984,22376.415.73$31,682
Nov 202205,37685.005.65$30,354
Oct 202206,41787.185.86$37,628
Sep 2022966,89284.888.16$64,413
Aug 2022965,34794.529.13$57,877
Jul 2022966,447101.587.54$58,375
Jun 202206,461115.097.98$51,541
May 20221916,888109.378.43$78,976
Apr 202206,658104.226.84$45,525
Mar 202206,716108.885.08$34,093
Feb 202204,57691.054.86$22,234
Jan 20222053,93481.844.54$34,628
Dec 2021987,47971.323.90$36,151
Nov 202108,21577.435.24$43,021
Oct 2021977,14379.795.71$48,554
Sep 202107,03369.865.35$37,633
Aug 2021967,91066.024.22$39,723
Jul 20211956,72770.783.98$40,590
Jun 202105,51369.493.38$18,637
May 202106,89063.483.02$20,792
Apr 2021947,56060.362.76$26,528
Mar 20211487,30461.302.72$28,917
Feb 202107,27257.805.55$40,345
Jan 20211499,96150.412.81$35,504
Dec 202008,22544.642.68$22,006
Nov 20201517,49838.772.71$26,148
Oct 20201509,46136.972.48$28,994
Sep 20201519,24337.091.99$24,004
Aug 2020011,78439.982.39$28,106
Jul 20201496,03838.371.83$16,737
Jun 20201507,73134.901.69$18,303
May 20201457,95416.921.81$16,888
Apr 20201515,16214.751.80$11,541
Mar 202006,55230.341.86$12,162
Feb 2020925,92349.881.98$16,320
Jan 2020914,40757.252.09$14,441
Dec 2019966,11459.012.30$19,754
Nov 2019935,47255.302.75$20,195
Oct 2019956,64453.472.42$21,148
Sep 201907,93455.052.66$21,083
Aug 2019909,08553.112.30$25,715
Jul 20198911,07256.272.46$32,246
Jun 20199310,65552.782.49$31,452
May 2019925,18058.482.74$19,575
Apr 20191336,69362.632.75$26,740
Mar 20191317,26656.803.06$29,690
Feb 201905,79450.852.79$16,178
Jan 20190046.033.23$0
Dec 2018932,86746.594.19$16,333
Nov 201803,35752.934.24$14,224
Oct 20181124,75861.443.40$23,049
Sep 20181135,04059.543.11$22,392
Aug 20181126,42359.403.07$26,349
Jul 201805,17065.142.93$15,158
Jun 20181135,19660.183.08$22,788
May 20181165,64665.382.90$23,962
Apr 20181155,11563.842.90$22,179
Mar 20181274,21461.222.79$19,519
Feb 201803,64661.782.77$10,085
Jan 20181267,49762.874.01$37,979
Dec 20171265,93657.272.92$24,558
Nov 20171278,29455.423.12$32,902
Oct 201704,06749.292.98$12,135
Sep 20171166,28747.523.09$24,922
Aug 2017908,72645.373.00$30,300
Jul 20179010,48943.873.09$36,331
Jun 20179010,93742.493.09$37,590
May 2017909,15945.373.26$33,973
Apr 20171109,61247.933.21$36,142
Mar 201713310,24146.772.98$36,776
Feb 2017310,63750.452.95$31,558
Jan 201706,44949.413.42$22,048
Dec 2016223,76548.763.72$15,089
Nov 201603,74642.492.64$9,906
Oct 2016376,61946.193.09$22,163
Sep 20161397,62841.553.10$29,427
Aug 20168411,06341.442.92$35,833
Jul 20166210,53541.622.92$33,388
Jun 20167210,30345.352.69$30,937
May 20168512,51542.521.99$28,532
Apr 201615510,53136.561.99$26,634
Mar 20166612,72633.011.79$25,009
Feb 20166811,67626.472.06$25,895
Jan 201616514,20127.352.36$38,089
Dec 20157811,89732.362.00$26,335
Nov 201510312,92338.792.17$32,004
Oct 20154912,16943.552.43$31,663
Sep 201513013,62942.992.76$43,183
Aug 20157711,21540.162.87$35,307
Jul 20154211,40848.152.95$35,620
Jun 20157210,88456.152.88$35,420
May 20153510,30555.212.96$32,388
Apr 20154510,15049.822.71$29,714
Mar 201511512,29642.892.93$41,018
Feb 201515312,57144.662.98$44,247
Jan 201510611,67743.433.10$40,810
Dec 201440012,44354.693.59$66,563
Nov 201410311,10270.464.25$54,461
Oct 201414713,92078.303.90$65,811
Sep 201419513,92086.164.05$73,114
Aug 20148415,71289.394.04$70,909
Jul 201423316,28596.564.18$90,563
Jun 20144816,71598.164.74$83,889
May 201426712,86394.734.73$86,091
Apr 201417523,28095.944.81$128,746
Mar 201430223,11695.895.06$145,852
Feb 201420920,11097.406.19$144,878
Jan 201449523,60290.404.86$159,471
Dec 201319522,10991.824.35$114,178
Nov 201341024,06988.853.74$126,405
Oct 201323524,90797.423.78$117,026
Sep 201337525,319104.113.72$133,171
Aug 201341127,749104.253.52$140,596
Jul 201352629,596102.523.72$163,956
Jun 201354031,43594.403.93$174,623
May 201352234,79794.834.15$193,877
Apr 201359235,50593.964.28$207,678
Mar 201351235,23693.623.91$185,807
Feb 201371334,81891.233.42$184,121
Jan 201361144,41891.603.42$207,873
Dec 201277449,42186.773.42$236,188
Nov 201277354,38386.953.62$264,349
Oct 201276961,85489.383.40$279,017
Sep 201276453,10794.672.92$227,315
Aug 20121,14857,59992.662.91$273,881
Jul 201257347,29285.133.02$191,639
Jun 20120079.822.52$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           128 bbl  × $106.41 =    $13,620
Gas                2,454 Mcf  × $  3.05 =     $7,474

────────────────────────────────────────────────────
Month total                                  $21,095

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. 04/G/265120 is the state's own key, not one this site invented.