SMITH, T. W. GAS UNIT NO. 1

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

Gas lease lease 111579District 06Field 78330500NGPA filingCondensateGasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 188 leases and 188 wells, and the rule below applies to all of them.

Discovered
1975-11-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1999-07-27.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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
CondensateDisposition7,956 bbl$276,828
GasProduction710,867 Mcf$2,078,923
Total$2,355,751

204,632 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 32.8008, -95.0289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.80083, -95.02893 · 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
10,937 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 10,937 ft.

Completions filed
Jun 1984
1 of 1 wells

1 well

42-45930612210,937 ftJun 1984

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202439073.023.30$2,848
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20233078.122.24$234
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 2021012369.493.38$416
May 202101,37763.483.02$4,155
Apr 202101,01060.362.76$2,786
Mar 202101,21361.302.72$3,296
Feb 2021096057.805.55$5,326
Jan 202101,22050.412.81$3,429
Dec 202001,33544.642.68$3,572
Nov 202001,37938.772.71$3,732
Oct 2020075536.972.48$1,871
Sep 202012988137.091.99$6,539
Aug 2020091939.982.39$2,192
Jul 2020071738.371.83$1,309
Jun 2020083634.901.69$1,413
May 2020087416.921.81$1,586
Apr 2020091514.751.80$1,651
Mar 202001,02830.341.86$1,908
Feb 2020085249.881.98$1,688
Jan 2020098857.252.09$2,070
Dec 2019091859.012.30$2,115
Nov 2019090455.302.75$2,487
Oct 2019096553.472.42$2,334
Sep 2019083955.052.66$2,229
Aug 201901,13453.112.30$2,613
Jul 20191401,26256.272.46$10,982
Jun 2019090452.782.49$2,252
May 201901,06658.482.74$2,921
Apr 2019098562.632.75$2,709
Mar 201901,00556.803.06$3,077
Feb 2019078050.852.79$2,178
Jan 2019083546.033.23$2,696
Dec 2018088246.594.19$3,692
Nov 201801,14252.934.24$4,839
Oct 201801,27461.443.40$4,329
Sep 201801,27959.543.11$3,975
Aug 20181511,28259.403.07$12,901
Jul 201801,44365.142.93$4,231
Jun 201801,26360.183.08$3,886
May 201801,17165.382.90$3,397
Apr 201801,28763.842.90$3,733
Mar 201801,14461.222.79$3,188
Feb 2018086961.782.77$2,404
Jan 2018099262.874.01$3,977
Dec 201701,08057.272.92$3,155
Nov 201701,08455.423.12$3,380
Oct 201701,18149.292.98$3,524
Sep 2017098547.523.09$3,041
Aug 201701,39845.373.00$4,200
Jul 20171561,20843.873.09$10,573
Jun 201701,31842.493.09$4,069
May 201701,30745.373.26$4,265
Apr 201701,01747.933.21$3,266
Mar 201701,02746.772.98$3,064
Feb 201701,11550.452.95$3,292
Jan 201701,32249.413.42$4,520
Dec 201601,17348.763.72$4,367
Nov 201601,31442.492.64$3,475
Oct 20161471,40746.193.09$11,138
Sep 201611,31741.553.10$4,125
Aug 201601,53341.442.92$4,483
Jul 201601,49541.622.92$4,372
Jun 201601,34345.352.69$3,607
May 201611,64942.521.99$3,326
Apr 201611,54636.561.99$3,115
Mar 201601,44133.011.79$2,585
Feb 20161611,39326.472.06$7,136
Jan 201601,65327.352.36$3,908
Dec 201501,65532.362.00$3,312
Nov 201501,78038.792.17$3,858
Oct 201501,54243.552.43$3,742
Sep 201501,46142.992.76$4,030
Aug 201501,66040.162.87$4,768
Jul 201501,54748.152.95$4,556
Jun 201501,17756.152.88$3,393
May 20151541,12455.212.96$11,824
Apr 2015087149.822.71$2,357
Mar 2015097842.892.93$2,870
Feb 2015089144.662.98$2,652
Jan 2015087943.433.10$2,725
Dec 2014083854.693.59$3,010
Nov 2014067470.464.25$2,866
Oct 2014068878.303.90$2,684
Sep 2014065786.164.05$2,658
Aug 2014093889.394.04$3,785
Jul 2014096796.564.18$4,042
Jun 201401,15798.164.74$5,481
May 201401,13194.734.73$5,346
Apr 20141611,04195.944.81$20,453
Mar 201401,35995.895.06$6,872
Feb 201401,11697.406.19$6,910
Jan 201401,11990.404.86$5,439
Dec 201301,04191.824.35$4,533
Nov 201311,04888.853.74$4,007
Oct 201301,17697.423.78$4,445
Sep 201301,005104.113.72$3,736
Aug 20130818104.253.52$2,881
Jul 201301,209102.523.72$4,495
Jun 201301,29094.403.93$5,074
May 201331,09594.834.15$4,828
Apr 201301,29493.964.28$5,542
Mar 201321,15893.623.91$4,718
Feb 201301,13191.233.42$3,868
Jan 201301,18691.603.42$4,056
Dec 201201,36286.773.42$4,658
Nov 201201,16186.953.62$4,209
Oct 20121211,22989.383.40$14,993
Sep 201201,25194.672.92$3,651
Aug 201201,16092.662.91$3,373
Jul 201201,38385.133.02$4,178
Jun 201201,03679.822.52$2,610
May 2012075891.612.49$1,886
Apr 20120590101.652.00$1,178
Mar 20120536105.052.22$1,191
Feb 20120597101.102.57$1,534
Jan 2012058998.092.73$1,610
Dec 2011067596.873.24$2,187
Nov 2011071095.723.31$2,351
Oct 2011083884.983.65$3,057
Sep 2011098983.623.99$3,942
Aug 201101,24783.404.15$5,174
Jul 201101,14294.144.52$5,159
Jun 201101,27092.904.64$5,893
May 2011096098.134.40$4,229
Apr 2011164833105.964.33$20,987
Mar 2011092796.364.06$3,761
Feb 2011078285.644.18$3,269
Jan 201101,06486.504.59$4,882
Dec 201001,21585.734.35$5,283
Nov 201001,03680.843.80$3,932
Oct 201001,08778.103.51$3,814
Sep 201001,22672.633.98$4,879
Aug 201001,06873.684.42$4,720
Jul 2010095172.554.74$4,504
Jun 2010081070.364.91$3,977
May 2010092571.124.24$3,918
Apr 2010076081.694.12$3,133
Mar 2010060578.394.39$2,655
Feb 2010062273.585.44$3,385
Jan 2010083674.365.96$4,986
Dec 200916685571.445.48$16,548
Nov 200901,00174.593.75$3,755
Oct 200901,19072.544.11$4,891
Sep 200901,17565.543.06$3,601
Aug 200901,15767.423.22$3,724
Jul 200901,22061.133.46$4,227
Jun 200901,26866.163.90$4,939
May 200901,05454.743.93$4,138
Apr 200901,36846.773.59$4,908
Mar 200901,32942.144.06$5,394
Feb 200901,01732.814.63$4,712
Jan 200901,38435.865.37$7,433
Dec 20081401,51737.105.98$14,261
Nov 200801,04455.496.86$7,162
Oct 200801,22275.246.92$8,459
Sep 20080999101.767.88$7,869
Aug 200801,279114.228.48$10,850
Jul 200831,006131.0811.39$11,851
Jun 200801,301131.3313.03$16,955
May 2008144992123.1711.57$29,218
Apr 200801,040110.3110.45$10,873
Mar 200801,480101.909.66$14,303
Feb 200801,88292.538.77$16,506
Jan 2008099590.388.21$8,165
Dec 200751,21088.337.30$9,277
Nov 200701,65491.677.29$12,060
Oct 200721,30982.856.92$9,227
Sep 200701,35475.846.24$8,455
Aug 200721,03569.066.39$6,750
Jul 200701,14770.906.39$7,327
Jun 20071611,25962.007.55$19,486
May 200701,27058.747.85$9,965
Apr 200721,05559.617.81$8,354
Mar 200701,25356.927.30$9,149
Feb 200701,03655.108.22$8,512
Jan 200701,05350.306.73$7,083
Dec 200641,17756.656.92$8,370
Nov 200601,26754.207.62$9,651
Oct 200601,20554.906.01$7,247
Sep 200601,11260.085.04$5,601
Aug 200611,14168.717.34$8,444
Jul 200601,18469.376.34$7,510
Jun 200601,29466.286.38$8,261
May 20061581,25166.016.42$18,467
Apr 200611,13664.397.36$8,426
Mar 200621,22956.707.08$8,818
Feb 2006098757.597.75$7,650
Jan 200631,63560.598.93$14,788
Dec 200501,31354.9413.42$17,614
Nov 200501,83754.6910.59$19,451
Oct 20051651,39458.3413.80$28,857
Sep 200501,56261.4512.08$18,867
Aug 200511,74761.519.80$17,177
Jul 200501,21955.697.84$9,561
Jun 200501,43152.337.38$10,562
May 200501,53145.226.65$10,183
Apr 200501,28049.207.36$9,421
Mar 2005094850.377.15$6,783
Feb 200501,20545.226.31$7,606
Jan 200511,30043.166.32$8,262
Dec 20041631,74939.866.75$18,305
Nov 200401,96445.286.33$12,433
Oct 200401,79349.706.52$11,682
Sep 200401,45643.245.28$7,693
Aug 200401,62842.375.55$9,036
Jul 200401,75138.286.08$10,653
Jun 200411,99536.106.43$12,870
May 200401,60637.486.49$10,430
Apr 20041651,85934.475.86$16,578
Mar 200402,07834.365.53$11,492
Feb 200402,02532.455.51$11,157
Jan 200402,26832.036.30$14,288
Dec 200302,23530.266.30$14,084
Nov 200302,18328.804.60$10,031
Oct 20031803,07128.174.76$19,687
Sep 200322,71126.314.75$12,928
Aug 200312,69029.765.13$13,829
Jul 200302,97829.415.17$15,399
Jun 200313,31628.565.98$19,868
May 200342,69426.595.97$16,197
Apr 20031722,18626.675.41$16,408
Mar 200303,09431.146.10$18,861
Feb 200302,79033.487.93$22,113
Jan 20031583,39830.315.58$23,757
Dec 200203,27226.914.85$15,882
Nov 200203,11924.664.14$12,903
Oct 20021603,41126.464.23$18,659
Sep 200203,06827.443.64$11,153
Aug 200202,93525.963.16$9,287
Jul 200202,55624.583.06$7,826
Jun 200202,47823.733.34$8,272
May 200202,91124.663.58$10,433
Apr 200213,44023.653.51$12,106
Mar 20021903,96522.003.10$16,482
Feb 200203,22918.222.38$7,671
Jan 200204,26717.172.38$10,137
Dec 200103,56916.932.36$8,439
Nov 200102,84418.072.41$6,841
Oct 20011592,98119.782.53$10,684
Sep 20011532,94924.262.25$10,351
Aug 200102,94324.873.05$8,985
Jul 200113,19523.933.20$10,239
Jun 200102,83524.563.82$10,841
May 200103,01525.524.31$12,987
Apr 200113,05124.685.34$16,303
Mar 20011743,22324.545.38$21,598
Feb 200102,88627.755.77$16,644
Jan 200103,52427.478.40$29,597
Dec 200003,32626.889.12$30,341
Nov 20001793,27332.215.66$24,284
Oct 200003,29931.235.15$16,975
Sep 200003,18731.875.19$16,529
Aug 20001293,23929.644.54$18,531
Jul 200002,91028.534.09$11,901
Jun 200003,21729.304.40$14,146
May 200013,22827.263.68$11,905
Apr 200012,66624.513.12$8,332
Mar 200002,20528.422.86$6,306
Feb 20001852,48327.622.73$11,880
Jan 200033,12625.272.48$7,830
Dec 199902,90824.282.42$7,048
Nov 19991822,74923.192.43$10,912
Oct 199902,30120.982.80$6,451
Sep 199922,14721.752.62$5,666
Aug 199902,71519.262.88$7,807
Jul 199912,58617.892.37$6,153
Jun 199902,69815.942.36$6,373
May 199902,94715.792.32$6,840
Apr 199902,60015.102.21$5,741
Mar 199902,54112.471.84$4,671
Feb 19991712,7019.981.82$6,616
Jan 19991784,05510.381.90$9,552
Dec 199813,0079.201.77$5,342
Nov 199803,80310.892.19$8,312
Oct 199804,39112.421.97$8,647
Sep 199803,23912.592.08$6,746
Aug 199813,53511.301.91$6,754
Jul 199813,48111.742.24$7,800
Jun 19981913,29811.242.24$9,525
May 199813,32212.622.21$7,342
Apr 199803,15713.042.51$7,909
Mar 199803,18012.802.31$7,344
Feb 199802,47213.952.30$5,683
Jan 19981943,02914.702.15$9,379
Dec 199713,20216.322.41$7,737
Nov 199713,09118.193.09$9,564
Oct 199703,12919.253.15$9,856
Sep 199723,51717.742.95$10,428
Aug 199703,73417.862.55$9,539
Jul 19971893,58017.582.25$11,367
Jun 199703,23717.242.26$7,307
May 19971783,82218.972.31$12,200
Apr 199713,19317.882.08$6,668
Mar 1997783,85218.951.94$8,948
Feb 199703,53920.492.21$7,807
Jan 199704,09523.483.54$14,495
Dec 199614,00423.32$23
Nov 199604,66821.97$0
Oct 199623,99723.31$47
Sep 19961803,61922.22$4,000
Aug 199623,77120.26$41
Jul 199603,96519.55$0
Jun 199623,56818.73$37
May 199603,56619.43$0
Apr 199613,68421.51$22
Mar 19961863,71419.38$3,605
Feb 199614,39616.98$17
Jan 199604,82917.07$0
Dec 1995234,56117.19$395
Nov 199504,49516.00$0
Oct 199504,16515.43$0
Sep 199523,69016.18$32
Aug 199544,60515.92$64
Jul 199504,42415.24$0
Jun 199503,90716.41$0
May 19951844,48217.56$3,231
Apr 199564,51117.73$106
Mar 199584,08216.44$132
Feb 199514,11116.58$17
Jan 199523,74515.92$32
Dec 19941834,03915.03$2,750
Nov 199404,03615.90$0
Oct 199404,00515.58$0
Sep 199403,80615.29$0
Aug 199403,74216.13$0
Jul 199424,39317.56$35
Jun 19941815,10017.09$3,093
May 199405,12415.88$0
Apr 19941825,05514.14$2,573
Mar 199404,96212.46$0
Feb 199404,24012.50$0
Jan 199404,64412.66$0
Dec 19931835,06712.33$2,256
Nov 199304,85014.49$0
Oct 19931805,74115.85$2,853
Sep 199304,93915.03$0
Aug 199304,49415.66$0
Jul 199304,65615.46$0
Jun 19931815,45416.79$3,039
May 1993222,45517.68$389
Apr 199304,02818.05$0
Mar 199304,77118.14$0
Feb 19931842,81717.90$3,294
Jan 199303,65516.93$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.

Jan 2024 — as filed, then multipliedworked
Condensate            39 bbl  × $ 73.02 =     $2,848
Gas                    0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                   $2,848

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/111579 is the state's own key, not one this site invented.