MCGILL, LD 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 115140District 06Field 67849150NGPA filingCondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – Jun 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
366
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
CondensateDisposition7,414 bbl$366,449
GasProduction418,190 Mcf$1,306,514
Total$1,672,963

117,484 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 32.1353, -95.1272. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13526, -95.12716 · 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
12,300 ft
1 wells filed one
Completion to plug
38.7 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 12,300 ft.

Completions filed
Oct 1984
1 of 1 wells
Plug dates filed
Jun 2023
1 of 1 wells

Last completion to plug: a median of 38.7 years across the 1 well that filed both dates, with the middle half between 38.7 years and 38.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-07330573112,300 ftOct 1984Jun 2023Yes

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 (366)

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

366 months

Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
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 202201491.054.86$68
Jan 2022010381.844.54$467
Dec 2021057371.323.90$2,234
Nov 2021031877.435.24$1,665
Oct 2021155979.795.71$3,274
Sep 2021054569.865.35$2,916
Aug 2021042166.024.22$1,777
Jul 2021143870.783.98$1,815
Jun 2021157269.493.38$2,003
May 20219646963.483.02$7,509
Apr 2021040860.362.76$1,125
Mar 2021066261.302.72$1,799
Feb 2021074257.805.55$4,117
Jan 2021071750.412.81$2,015
Dec 2020067144.642.68$1,795
Nov 2020065938.772.71$1,784
Oct 2020062736.972.48$1,554
Sep 2020067637.091.99$1,346
Aug 202017668139.982.39$8,661
Jul 2020069938.371.83$1,276
Jun 2020070934.901.69$1,198
May 2020063416.921.81$1,151
Apr 2020075414.751.80$1,361
Mar 2020076930.341.86$1,427
Feb 20201770249.881.98$2,238
Jan 2020080257.252.09$1,680
Dec 2019080859.012.30$1,862
Nov 2019076655.302.75$2,107
Oct 2019079153.472.42$1,913
Sep 2019076755.052.66$2,038
Aug 2019091053.112.30$2,097
Jul 201915137856.272.46$9,427
Jun 2019075552.782.49$1,881
May 2019081158.482.74$2,222
Apr 2019074762.632.75$2,055
Mar 2019080056.803.06$2,450
Feb 2019072550.852.79$2,024
Jan 2019069346.033.23$2,237
Dec 2018048446.594.19$2,026
Nov 2018053652.934.24$2,271
Oct 201817756761.443.40$12,802
Sep 2018049959.543.11$1,551
Aug 2018059559.403.07$1,825
Jul 2018074365.142.93$2,178
Jun 2018061660.183.08$1,895
May 2018075065.382.90$2,176
Apr 2018067363.842.90$1,952
Mar 2018076461.222.79$2,129
Feb 2018066561.782.77$1,839
Jan 2018082262.874.01$3,296
Dec 2017056357.272.92$1,645
Nov 2017062055.423.12$1,933
Oct 2017063249.292.98$1,886
Sep 2017071347.523.09$2,201
Aug 2017060145.373.00$1,806
Jul 201717464543.873.09$9,625
Jun 2017064442.493.09$1,988
May 2017076245.373.26$2,487
Apr 2017069747.933.21$2,238
Mar 2017068246.772.98$2,035
Feb 2017069850.452.95$2,061
Jan 2017059749.413.42$2,041
Dec 2016056648.763.72$2,107
Nov 2016052242.492.64$1,380
Oct 2016058246.193.09$1,799
Sep 2016072441.553.10$2,245
Aug 2016062641.442.92$1,831
Jul 201617773741.622.92$9,522
Jun 2016058045.352.69$1,558
May 2016064442.521.99$1,282
Apr 2016065436.561.99$1,302
Mar 2016080633.011.79$1,446
Feb 2016074526.472.06$1,537
Jan 2016072027.352.36$1,702
Dec 2015067632.362.00$1,353
Nov 2015071338.792.17$1,545
Oct 2015072643.552.43$1,762
Sep 2015084542.992.76$2,331
Aug 2015090040.162.87$2,585
Jul 20158288548.152.95$6,555
Jun 2015085856.152.88$2,473
May 2015080255.212.96$2,370
Apr 2015089749.822.71$2,428
Mar 201501,06142.892.93$3,114
Feb 20158986444.662.98$6,546
Jan 2015092643.433.10$2,871
Dec 2014089754.693.59$3,221
Nov 2014093870.464.25$3,988
Oct 201401,00478.303.90$3,917
Sep 201401,04086.164.05$4,207
Aug 201416998389.394.04$19,073
Jul 2014098296.564.18$4,104
Jun 201401,04998.164.74$4,969
May 201401,02694.734.73$4,849
Apr 201401,13795.944.81$5,468
Mar 201401,00795.895.06$5,092
Feb 20149895297.406.19$15,440
Jan 201401,08190.404.86$5,254
Dec 201301,04891.824.35$4,564
Nov 201301,02788.853.74$3,839
Oct 201301,05097.423.78$3,968
Sep 201301,027104.113.72$3,818
Aug 201301,118104.253.52$3,938
Jul 201301,113102.523.72$4,138
Jun 201301,12094.403.93$4,405
May 20131091,13194.834.15$15,029
Apr 201301,07393.964.28$4,595
Mar 201301,06593.623.91$4,167
Feb 2013099091.233.42$3,386
Jan 201301,06591.603.42$3,642
Dec 201201,06586.773.42$3,642
Nov 20121321,07286.953.62$15,363
Oct 201201,08989.383.40$3,702
Sep 201201,03294.672.92$3,012
Aug 201201,07892.662.91$3,135
Jul 201201,13085.133.02$3,414
Jun 201201,05779.822.52$2,663
May 201201,16591.612.49$2,899
Apr 201201,061101.652.00$2,119
Mar 20121671,116105.052.22$20,023
Feb 201201,048101.102.57$2,694
Jan 201201,12098.092.73$3,062
Dec 20111671,11996.873.24$19,803
Nov 201101,10495.723.31$3,656
Oct 201101,14684.983.65$4,181
Sep 2011082883.623.99$3,300
Aug 201101,21783.404.15$5,050
Jul 201101,21594.144.52$5,488
Jun 201101,15792.904.64$5,368
May 201101,22498.134.40$5,392
Apr 201101,174105.964.33$5,087
Mar 201101,23496.364.06$5,007
Feb 20111641,13685.644.18$18,793
Jan 201101,25286.504.59$5,745
Dec 201001,29885.734.35$5,643
Nov 201001,23580.843.80$4,687
Oct 201001,38578.103.51$4,860
Sep 2010092672.633.98$3,685
Aug 201001,29273.684.42$5,710
Jul 201001,31172.554.74$6,210
Jun 20101781,27470.364.91$18,780
May 201001,33071.124.24$5,633
Apr 201001,26981.694.12$5,232
Mar 201001,43578.394.39$6,298
Feb 201001,10173.585.44$5,992
Jan 201001,25874.365.96$7,503
Dec 200901,32171.445.48$7,244
Nov 20091601,33374.593.75$16,935
Oct 200901,33972.544.11$5,504
Sep 200901,29265.543.06$3,960
Aug 200901,28267.423.22$4,126
Jul 200901,19361.133.46$4,133
Jun 200901,05466.163.90$4,105
May 2009097954.743.93$3,843
Apr 2009099146.773.59$3,555
Mar 200916628642.144.06$8,156
Feb 2009087632.814.63$4,059
Jan 200901,06735.865.37$5,731
Dec 2008099737.105.98$5,959
Nov 200801,27355.496.86$8,733
Oct 2008087375.246.92$6,043
Sep 200801,463101.767.88$11,524
Aug 200801,231114.228.48$10,443
Jul 200801,438131.0811.39$16,378
Jun 20081761,188131.3313.03$38,597
May 200801,645123.1711.57$19,040
Apr 200801,152110.3110.45$12,044
Mar 200801,452101.909.66$14,032
Feb 200801,15292.538.77$10,104
Jan 200801,10590.388.21$9,067
Dec 200701,25788.337.30$9,179
Nov 200701,32891.677.29$9,683
Oct 200701,08382.856.92$7,497
Sep 200701,05975.846.24$6,613
Aug 20071411,18569.066.39$17,307
Jul 200701,07070.906.39$6,835
Jun 200701,07862.007.55$8,137
May 200701,49458.747.85$11,722
Apr 200701,10559.617.81$8,625
Mar 200701,46556.927.30$10,697
Feb 200701,22855.108.22$10,089
Jan 200701,18150.306.73$7,944
Dec 2006086656.656.92$5,991
Nov 20062101,24554.207.62$20,866
Oct 200601,11354.906.01$6,693
Sep 200601,09260.085.04$5,501
Aug 20062011,14968.717.34$22,244
Jul 200601,21669.376.34$7,713
Jun 200617896766.286.38$17,971
May 200601,13066.016.42$7,260
Apr 200601,00764.397.36$7,412
Mar 200617733956.707.08$12,437
Feb 2006062957.597.75$4,875
Jan 2006090460.598.93$8,076
Dec 20051781,05754.9413.42$23,959
Nov 200501,38354.6910.59$14,644
Oct 2005084158.3413.80$11,602
Sep 200501,11861.4512.08$13,504
Aug 20051941,14261.519.80$23,121
Jul 200501,16955.697.84$9,169
Jun 20051781,25452.337.38$18,571
May 200501,29445.226.65$8,607
Apr 200501,06549.207.36$7,839
Mar 200501,17650.377.15$8,414
Feb 200501,05245.226.31$6,640
Jan 200501,01843.166.32$6,436
Dec 200418989339.866.75$13,562
Nov 200411,27445.286.33$8,110
Oct 200414490749.706.52$13,066
Sep 20041998243.245.28$6,010
Aug 2004165842.375.55$3,695
Jul 200417387238.286.08$11,928
Jun 2004089936.106.43$5,783
May 2004076637.486.49$4,975
Apr 2004061034.475.86$3,574
Mar 20044590034.365.53$6,523
Feb 20043099332.455.51$6,445
Jan 2004049032.036.30$3,087
Dec 2003078130.266.30$4,922
Nov 20035081728.804.60$5,194
Oct 200311,02228.174.76$4,893
Sep 200301,39126.314.75$6,606
Aug 2003080229.765.13$4,114
Jul 20030029.415.17$0
Jun 20039291928.565.98$8,126
May 200301,38326.595.97$8,260
Apr 2003096226.675.41$5,202
Mar 20031001,69331.146.10$13,435
Feb 2003051033.487.93$4,042
Jan 20030030.315.58$0
Dec 2002010626.914.85$515
Nov 2002179324.664.14$3,305
Oct 2002087926.464.23$3,717
Sep 2002267627.443.64$2,512
Aug 2002085225.963.16$2,696
Jul 2002074224.583.06$2,272
Jun 200219175523.733.34$7,053
May 200201,31824.663.58$4,724
Apr 2002016223.653.51$569
Mar 200221,01722.003.10$3,199
Feb 2002039318.222.38$934
Jan 200201,05317.172.38$2,502
Dec 200101,09916.932.36$2,598
Nov 20011001,00618.072.41$4,227
Oct 2001080819.782.53$2,043
Sep 200101,11324.262.25$2,506
Aug 200101,18524.873.05$3,618
Jul 2001161,45823.933.20$5,044
Jun 2001699324.563.82$3,945
May 20013196725.524.31$4,956
Apr 2001652224.685.34$2,933
Mar 2001669924.545.38$3,905
Feb 2001086627.755.77$4,994
Jan 2001280327.478.40$6,799
Dec 20002574026.889.12$7,423
Nov 2000080432.215.66$4,549
Oct 2000085431.235.15$4,394
Sep 20001498931.875.19$5,576
Aug 200081,33329.644.54$6,290
Jul 200001,39828.534.09$5,717
Jun 2000161,37229.304.40$6,502
May 2000151,25627.263.68$5,031
Apr 2000131,34724.513.12$4,516
Mar 2000121,38828.422.86$4,310
Feb 2000161,47827.622.73$4,472
Jan 2000141,67625.272.48$4,511
Dec 1999271,53124.282.42$4,366
Nov 1999271,68523.192.43$4,727
Oct 1999101,46820.982.80$4,326
Sep 1999201,18821.752.62$3,546
Aug 1999121,35819.262.88$4,136
Jul 1999121,61717.892.37$4,051
Jun 199961,00415.942.36$2,467
May 199981,51015.792.32$3,631
Apr 1999121,41715.102.21$3,310
Mar 1999121,49612.471.84$2,900
Feb 1999111,2169.981.82$2,320
Jan 1999121,43710.381.90$2,855
Dec 1998121,3189.201.77$2,448
Nov 1998141,42710.892.19$3,271
Oct 1998231,36412.421.97$2,972
Sep 199801,28712.592.08$2,680
Aug 1998131,52811.301.91$3,061
Jul 1998271,63211.742.24$3,968
Jun 1998121,49011.242.24$3,468
May 1998121,36812.622.21$3,170
Apr 1998221,33913.042.51$3,642
Mar 1998111,46112.802.31$3,515
Feb 1998151,40213.952.30$3,433
Jan 1998231,65614.702.15$3,906
Dec 1997141,68016.322.41$4,279
Nov 1997261,79418.193.09$6,013
Oct 1997231,51919.253.15$5,227
Sep 1997101,54817.742.95$4,752
Aug 1997221,56217.862.55$4,383
Jul 1997101,32517.582.25$3,153
Jun 199701,41617.242.26$3,196
May 1997111,46118.972.31$3,581
Apr 1997101,18917.882.08$2,655
Mar 1997141,88718.951.94$3,924
Feb 1997271,70220.492.21$4,308
Jan 1997141,88123.483.54$6,987
Dec 1996251,91823.32$583
Nov 1996121,63721.97$264
Oct 1996111,73023.31$256
Sep 1996111,60122.22$244
Aug 1996221,91020.26$446
Jul 1996131,87019.55$254
Jun 1996271,99318.73$506
May 1996131,78119.43$253
Apr 1996272,08121.51$581
Mar 1996221,67119.38$426
Feb 1996142,63816.98$238
Jan 1996352,29817.07$597
Dec 1995121,94917.19$206
Nov 1995271,86016.00$432
Oct 1995192,06715.43$293
Sep 1995211,99516.18$340
Aug 1995202,23715.92$318
Jul 1995231,87915.24$351
Jun 1995181,99216.41$295
May 1995222,24117.56$386
Apr 1995232,15817.73$408
Mar 1995181,83216.44$296
Feb 1995171,68316.58$282
Jan 1995282,20015.92$446
Dec 1994201,98315.03$301
Nov 1994222,08915.90$350
Oct 1994242,45215.58$374
Sep 1994242,56115.29$367
Aug 1994402,97816.13$645
Jul 1994262,79517.56$457
Jun 1994252,50617.09$427
May 1994382,80315.88$603
Apr 1994232,94914.14$325
Mar 1994563,50212.46$698
Feb 1994302,71912.50$375
Jan 1994262,82812.66$329
Dec 1993483,05412.33$592
Nov 1993213,04014.49$304
Oct 1993393,40415.85$618
Sep 1993362,95515.03$541
Aug 1993332,78815.66$517
Jul 1993383,14515.46$587
Jun 1993273,73516.79$453
May 1993393,63017.68$690
Apr 1993282,70618.05$505
Mar 1993574,19018.14$1,034
Feb 1993252,39417.90$448
Jan 1993293,05716.93$491

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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.05 =         $0
Gas                   14 Mcf  × $  4.86 =        $68

────────────────────────────────────────────────────
Month total                                      $68

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/115140 is the state's own key, not one this site invented.