WALDROP, MEW GU 1

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

Gas lease lease 109198District 06Field 67849150NGPA filingCondensateGasSaveExport
Value, all time
$3.1 M
Jan 1993 – May 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
353
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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
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
CondensateDisposition4,834 bbl$163,559
GasProduction685,096 Mcf$2,923,122
Total$3,086,681

180,420 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.1574, -95.1242. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15743, -95.12418 · 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
12,167 ft
1 wells filed one
Completion to plug
38.5 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 12,167 ft.

Completions filed
Nov 1983
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 38.5 years across the 1 well that filed both dates, with the middle half between 38.5 years and 38.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-42330705112,167 ftNov 1983May 2022Yes

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 (353)

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

353 months

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 202037049.881.98$1,846
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 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201601545.352.69$40
May 201601142.521.99$22
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201608626.472.06$177
Jan 201603827.352.36$90
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150456.152.88$12
May 20150655.212.96$18
Apr 2015019349.822.71$522
Mar 201506042.892.93$176
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201408754.693.59$312
Nov 20140470.464.25$17
Oct 2014012478.303.90$484
Sep 201402686.164.05$105
Aug 201402189.394.04$85
Jul 201402796.564.18$113
Jun 2014025198.164.74$1,189
May 201402194.734.73$99
Apr 20140095.944.81$0
Mar 2014013995.895.06$703
Feb 20140097.406.19$0
Jan 20140390.404.86$15
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013014097.423.78$529
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201301102.523.72$4
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013036893.964.28$1,576
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120189.383.40$3
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
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 201107395.723.31$242
Oct 20110084.983.65$0
Sep 201102883.623.99$112
Aug 201109983.404.15$411
Jul 2011055894.144.52$2,521
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011017485.644.18$727
Jan 2011014486.504.59$661
Dec 20100085.734.35$0
Nov 2010013780.843.80$520
Oct 2010027678.103.51$968
Sep 2010027672.633.98$1,098
Aug 2010030673.684.42$1,352
Jul 2010028572.554.74$1,350
Jun 2010030070.364.91$1,473
May 201018131771.124.24$14,215
Apr 2010033881.694.12$1,393
Mar 2010045778.394.39$2,006
Feb 2010039273.585.44$2,133
Jan 2010043174.365.96$2,571
Dec 200901,79571.445.48$9,843
Nov 200902,64874.593.75$9,934
Oct 200902,74572.544.11$11,283
Sep 200902,54165.543.06$7,788
Aug 200902,92067.423.22$9,398
Jul 200902,86861.133.46$9,936
Jun 200902,77066.163.90$10,789
May 200902,93454.743.93$11,518
Apr 200902,84746.773.59$10,214
Mar 200902,98742.144.06$12,124
Feb 200902,61432.814.63$12,111
Jan 200902,85435.865.37$15,329
Dec 2008943,35237.105.98$23,523
Nov 200802,93655.496.86$20,142
Oct 200803,03675.246.92$21,015
Sep 200803,025101.767.88$23,828
Aug 200803,114114.228.48$26,416
Jul 20081903,000131.0811.39$59,073
Jun 200803,563131.3313.03$46,435
May 200803,836123.1711.57$44,399
Apr 200803,522110.3110.45$36,822
Mar 200803,359101.909.66$32,462
Feb 200802,96392.538.77$25,987
Jan 200803,18090.388.21$26,094
Dec 200703,68588.337.30$26,908
Nov 20071842,94191.677.29$38,312
Oct 200704,30282.856.92$29,778
Sep 200703,97475.846.24$24,814
Aug 200704,45969.066.39$28,484
Jul 200703,47970.906.39$22,224
Jun 200703,37162.007.55$25,446
May 200703,45358.747.85$27,093
Apr 200703,64759.617.81$28,466
Mar 200704,35656.927.30$31,807
Feb 200704,03155.108.22$33,119
Jan 200705,32150.306.73$35,794
Dec 20061841,90756.656.92$23,617
Nov 200609154.207.62$693
Oct 200603,36754.906.01$20,248
Sep 200603,96560.085.04$19,973
Aug 200604,59068.717.34$33,690
Jul 200604,68569.376.34$29,716
Jun 200603,79466.286.38$24,220
May 200604,39766.016.42$28,251
Apr 200604,86964.397.36$35,838
Mar 200602,52856.707.08$17,906
Feb 200602,50257.597.75$19,393
Jan 200604,13560.598.93$36,939
Dec 20051623,25254.9413.42$52,527
Nov 200514,05954.6910.59$43,033
Oct 200514,47158.3413.80$61,739
Sep 200524,29661.4512.08$52,014
Aug 200515,01761.519.80$49,212
Jul 200526,31455.697.84$49,636
Jun 200511,26752.337.38$9,404
May 200501,36645.226.65$9,085
Apr 200512,88849.207.36$21,306
Mar 20051793,95450.377.15$37,307
Feb 200503,64845.226.31$23,026
Jan 200514,13843.166.32$26,204
Dec 200413,81039.866.75$25,761
Nov 200404,30845.286.33$27,271
Oct 200404,83549.706.52$31,501
Sep 200404,64443.245.28$24,538
Aug 200414,65542.375.55$25,881
Jul 200415,70938.286.08$34,773
Jun 200413,95236.106.43$25,459
May 200415,43737.486.49$35,349
Apr 20041783,28034.475.86$25,351
Mar 200415,00734.365.53$27,724
Feb 200405,28832.455.51$29,135
Jan 200415,17132.036.30$32,607
Dec 200306,38830.266.30$40,255
Nov 200303,63928.804.60$16,722
Oct 20031944,97728.174.76$29,154
Sep 200305,55126.314.75$26,364
Aug 200314,78129.765.13$24,555
Jul 200315,53429.415.17$28,645
Jun 200344,79828.565.98$28,820
May 20031875,52626.595.97$37,977
Apr 200305,41126.675.41$29,259
Mar 200304,68531.146.10$28,560
Feb 200304,68633.487.93$37,141
Jan 200334,88230.315.58$27,342
Dec 200235,95726.914.85$28,995
Nov 200245,96424.664.14$24,771
Oct 200215,50626.464.23$23,312
Sep 200224,40527.443.64$16,068
Aug 200234,66925.963.16$14,851
Jul 200234,87824.583.06$15,009
Jun 200224,92523.733.34$16,488
May 200255,27324.663.58$19,022
Apr 200234,26123.653.51$15,037
Mar 2002705,03722.003.10$17,168
Feb 200224,76718.222.38$11,361
Jan 200255,13417.172.38$12,283
Dec 200155,63616.932.36$13,410
Nov 200165,78118.072.41$14,015
Oct 200185,85219.782.53$14,957
Sep 200136,11724.262.25$13,844
Aug 2001503,61224.873.05$12,272
Jul 2001226,38723.933.20$20,946
Jun 2001325,21124.563.82$20,714
May 2001373,98625.524.31$18,113
Apr 2001114,95124.685.34$26,687
Mar 2001273,60824.545.38$20,061
Feb 2001364,69527.755.77$28,075
Jan 2001735,56327.478.40$48,728
Dec 20001205,85326.889.12$56,620
Nov 2000205,45732.215.66$31,520
Oct 2000548,09031.235.15$43,314
Sep 20001266,82731.875.19$39,424
Aug 2000211,24429.644.54$6,271
Jul 2000853928.534.09$2,433
Jun 2000442329.304.40$1,977
May 2000741127.263.68$1,703
Apr 2000448424.513.12$1,606
Mar 2000554128.422.86$1,689
Feb 2000440627.622.73$1,217
Jan 2000343325.272.48$1,150
Dec 1999843024.282.42$1,236
Nov 1999954823.192.43$1,543
Oct 19991151920.982.80$1,686
Sep 19991444921.752.62$1,480
Aug 1999342119.262.88$1,268
Jul 1999446317.892.37$1,170
Jun 1999441015.942.36$1,032
May 1999555115.792.32$1,358
Apr 1999545615.102.21$1,082
Mar 1999445212.471.84$881
Feb 199954549.981.82$875
Jan 1999550510.381.90$1,011
Dec 199844279.201.77$794
Nov 1998448810.892.19$1,110
Oct 19981751612.421.97$1,227
Sep 1998046212.592.08$962
Aug 1998557111.301.91$1,146
Jul 19981659511.742.24$1,519
Jun 1998454111.242.24$1,255
May 1998562412.622.21$1,440
Apr 1998953013.042.51$1,445
Mar 1998558112.802.31$1,406
Feb 1998658213.952.30$1,422
Jan 19981175514.702.15$1,789
Dec 1997671916.322.41$1,832
Nov 1997151,08918.193.09$3,636
Oct 1997181,24219.253.15$4,259
Sep 199781,20617.742.95$3,706
Aug 1997151,09317.862.55$3,060
Jul 199771,04517.582.25$2,471
Jun 1997097517.242.26$2,201
May 1997101,29018.972.31$3,168
Apr 1997791817.882.08$2,037
Mar 1997797118.951.94$2,016
Feb 19971486220.492.21$2,188
Jan 1997795423.483.54$3,541
Dec 1996131,01023.32$303
Nov 1996572921.97$110
Oct 1996573223.31$117
Sep 1996473422.22$89
Aug 1996876020.26$162
Jul 1996684319.55$117
Jun 19961182218.73$206
May 1996691719.43$117
Apr 1996753121.51$151
Mar 1996937719.38$174
Feb 1996121,68916.98$204
Jan 1996241,51217.07$410
Dec 1995611517.19$103
Nov 1995754216.00$112
Oct 1995404,12815.43$617
Sep 1995454,23716.18$728
Aug 1995363,88115.92$573
Jul 1995605,36915.24$914
Jun 1995545,60216.41$886
May 1995373,74717.56$650
Apr 1995373,42717.73$656
Mar 1995484,71016.44$789
Feb 1995524,52916.58$862
Jan 1995685,32315.92$1,083
Dec 1994534,93515.03$797
Nov 1994444,22615.90$700
Oct 1994454,75815.58$701
Sep 1994414,55215.29$627
Aug 1994685,02816.13$1,097
Jul 1994515,28417.56$896
Jun 1994394,23417.09$667
May 1994634,65115.88$1,000
Apr 1994506,23814.14$707
Mar 1994935,85112.46$1,159
Feb 1994323,32212.50$400
Jan 1994363,85812.66$456
Dec 1993845,18312.33$1,036
Nov 1993455,90314.49$652
Oct 1993655,64315.85$1,030
Sep 1993595,11715.03$887
Aug 1993716,02415.66$1,112
Jul 1993494,01515.46$758
Jun 1993324,19516.79$537
May 1993474,30117.68$831
Apr 1993686,05318.05$1,227
Mar 1993906,53318.14$1,633
Feb 1993706,58217.90$1,253
Jan 1993777,66816.93$1,304

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.

Feb 2020 — as filed, then multipliedworked
Condensate            37 bbl  × $ 49.88 =     $1,846
Gas                    0 Mcf  × $  1.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,846

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. 06/G/109198 is the state's own key, not one this site invented.