GLADEWATER GU 2

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

Gas lease lease 128032District 06Field 35134500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$2 k
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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered
1977-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
1,000 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1995-11-07.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET #06-0250378. UPDATED EFFECTIVE 5-1-07.

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
CondensateDisposition5,537 bbl$147,156
GasProduction1,013,172 Mcf$2,344,404
Total$2,491,560

417,220 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 32.5756, -94.9371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57558, -94.93711 · 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
11,936 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 11,936 ft.

Completions filed
Nov 1988
1 of 1 wells

1 well

42-45930654211,936 ftNov 1988

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 202605198.932.87$146
Mar 202606389.753.15$198
Feb 202606963.503.75$259
Jan 20260059.138.00$0
Dec 202505856.664.41$256
Nov 202503758.593.93$145
Oct 202507359.383.30$241
Sep 202506662.743.08$203
Aug 202506763.933.01$202
Jul 202505566.743.32$182
Jun 20250066.483.13$0
May 202506760.553.23$217
Apr 2025013262.363.54$468
Mar 202506767.704.27$286
Feb 202506370.884.34$273
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202404569.052.20$99
Oct 202405471.372.28$123
Sep 2024014569.612.36$343
Aug 20240075.632.06$0
Jul 202407279.932.15$155
Jun 20240078.082.63$0
May 202405478.812.20$119
Apr 20240084.451.66$0
Mar 202403080.301.55$46
Feb 202408776.091.78$155
Jan 202407873.023.30$257
Dec 2023015171.262.61$394
Nov 2023010877.892.81$303
Oct 2023010485.443.09$321
Sep 202308489.042.74$230
Aug 202309080.522.67$241
Jul 2023010574.852.64$277
Jun 2023012868.962.26$289
May 2023011570.622.23$256
Apr 2023011578.122.24$257
Mar 2023011972.852.39$285
Feb 2023013975.112.47$343
Jan 2023014076.533.39$474
Dec 202207976.415.73$453
Nov 2022012785.005.65$717
Oct 2022011987.185.86$698
Sep 2022012084.888.16$980
Aug 2022013394.529.13$1,214
Jul 20220122101.587.54$920
Jun 20220120115.097.98$957
May 20220127109.378.43$1,071
Apr 20220133104.226.84$909
Mar 20220149108.885.08$756
Feb 2022013191.054.86$637
Jan 2022014981.844.54$676
Dec 2021014171.323.90$550
Nov 2021013077.435.24$681
Oct 2021014179.795.71$806
Sep 2021013169.865.35$701
Aug 2021015266.024.22$642
Jul 2021015570.783.98$617
Jun 2021015269.493.38$514
May 2021014663.483.02$441
Apr 2021015060.362.76$414
Mar 2021016161.302.72$437
Feb 2021011057.805.55$610
Jan 2021016950.412.81$475
Dec 2020016044.642.68$428
Nov 2020018738.772.71$506
Oct 2020012036.972.48$297
Sep 2020016237.091.99$323
Aug 2020017539.982.39$417
Jul 2020018638.371.83$339
Jun 2020016934.901.69$286
May 2020017616.921.81$319
Apr 2020016714.751.80$301
Mar 2020015730.341.86$291
Feb 2020015749.881.98$311
Jan 2020018157.252.09$379
Dec 2019020459.012.30$470
Nov 2019018955.302.75$520
Oct 2019019353.472.42$467
Sep 2019018055.052.66$478
Aug 2019018253.112.30$419
Jul 2019020356.272.46$499
Jun 2019015852.782.49$394
May 2019017958.482.74$491
Apr 2019019162.632.75$525
Mar 2019015856.803.06$484
Feb 2019019950.852.79$556
Jan 2019020046.033.23$646
Dec 2018019046.594.19$795
Nov 2018018252.934.24$771
Oct 2018019161.443.40$649
Sep 2018021059.543.11$653
Aug 2018022359.403.07$684
Jul 2018038065.142.93$1,114
Jun 2018016160.183.08$495
May 2018021465.382.90$621
Apr 2018021163.842.90$612
Mar 2018025261.222.79$702
Feb 2018019361.782.77$534
Jan 2018023662.874.01$946
Dec 2017024357.272.92$710
Nov 2017020855.423.12$649
Oct 2017024849.292.98$740
Sep 2017023847.523.09$735
Aug 2017019845.373.00$595
Jul 2017022743.873.09$701
Jun 2017022542.493.09$695
May 2017022445.373.26$731
Apr 2017023447.933.21$752
Mar 2017022246.772.98$662
Feb 2017020350.452.95$599
Jan 2017019549.413.42$667
Dec 2016019848.763.72$737
Nov 2016022542.492.64$595
Oct 2016022446.193.09$692
Sep 2016022441.553.10$695
Aug 2016026141.442.92$763
Jul 2016025541.622.92$746
Jun 2016024445.352.69$655
May 2016018342.521.99$364
Apr 2016020236.561.99$402
Mar 2016021733.011.79$389
Feb 2016022226.472.06$458
Jan 2016021527.352.36$508
Dec 2015027132.362.00$542
Nov 2015031738.792.17$687
Oct 2015016043.552.43$388
Sep 2015028542.992.76$786
Aug 2015025740.162.87$738
Jul 2015029048.152.95$854
Jun 2015025856.152.88$744
May 2015027855.212.96$822
Apr 2015031049.822.71$839
Mar 2015020442.892.93$599
Feb 2015023644.662.98$702
Jan 2015031643.433.10$980
Dec 2014025754.693.59$923
Nov 2014020270.464.25$859
Oct 2014024478.303.90$952
Sep 2014025986.164.05$1,048
Aug 2014019089.394.04$767
Jul 2014022196.564.18$924
Jun 2014017898.164.74$843
May 2014024194.734.73$1,139
Apr 2014028595.944.81$1,371
Mar 2014024995.895.06$1,259
Feb 2014020197.406.19$1,245
Jan 2014027590.404.86$1,337
Dec 2013037691.824.35$1,637
Nov 2013015588.853.74$579
Oct 2013033297.423.78$1,255
Sep 20130265104.113.72$985
Aug 20130416104.253.52$1,465
Jul 20130221102.523.72$822
Jun 2013038194.403.93$1,499
May 2013016894.834.15$697
Apr 2013015193.964.28$647
Mar 2013029193.623.91$1,139
Feb 2013027891.233.42$951
Jan 2013027191.603.42$927
Dec 201208886.773.42$301
Nov 2012016686.953.62$602
Oct 2012017589.383.40$595
Sep 2012012894.672.92$374
Aug 2012022092.662.91$640
Jul 2012023585.133.02$710
Jun 2012022379.822.52$562
May 2012021591.612.49$535
Apr 20120237101.652.00$473
Mar 20120318105.052.22$707
Feb 20120155101.102.57$398
Jan 2012014998.092.73$407
Dec 2011023496.873.24$758
Nov 2011015895.723.31$523
Oct 2011049184.983.65$1,791
Sep 201101183.623.99$44
Aug 2011013483.404.15$556
Jul 2011026694.144.52$1,202
Jun 2011633092.904.64$2,089
May 2011946298.134.40$2,918
Apr 20111211105.964.33$1,319
Mar 2011923596.364.06$1,821
Feb 20111373485.644.18$4,181
Jan 20111023386.504.59$1,934
Dec 20101464685.734.35$4,009
Nov 201093380.843.80$853
Oct 20101436178.103.51$2,360
Sep 2010822472.633.98$1,472
Aug 2010633873.684.42$1,936
Jul 2010021572.554.74$1,018
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010028081.694.12$1,154
Mar 2010043378.394.39$1,900
Feb 201008573.585.44$463
Jan 2010046374.365.96$2,761
Dec 2009027971.445.48$1,530
Nov 2009032474.593.75$1,215
Oct 2009025672.544.11$1,052
Sep 2009041665.543.06$1,275
Aug 2009050067.423.22$1,609
Jul 2009062961.133.46$2,179
Jun 2009061366.163.90$2,388
May 20090054.743.93$0
Apr 2009035446.773.59$1,270
Mar 2009060042.144.06$2,435
Feb 2009048532.814.63$2,247
Jan 2009061835.865.37$3,319
Dec 200801,62937.105.98$9,737
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200808114.228.48$68
Jul 200805131.0811.39$57
Jun 2008012131.3313.03$156
May 20080256123.1711.57$2,963
Apr 20080338110.3110.45$3,534
Mar 20080401101.909.66$3,875
Feb 2008065792.538.77$5,762
Jan 2008074190.388.21$6,080
Dec 2007075388.337.30$5,498
Nov 2007074791.677.29$5,447
Oct 200701,32482.856.92$9,165
Sep 2007063375.846.24$3,953
Aug 2007074969.066.39$4,785
Jul 2007053970.906.39$3,443
Jun 200701,79362.007.55$13,534
May 200701,65758.747.85$13,001
Apr 200701,92659.617.81$15,033
Mar 200703,49656.927.30$25,528
Feb 200703,08755.108.22$25,363
Jan 200701,14150.306.73$7,675
Dec 200673,55156.656.92$24,964
Nov 2006303,17254.207.62$25,789
Oct 2006272,51754.906.01$16,619
Sep 2006323,25760.085.04$18,329
Aug 2006313,73268.717.34$29,523
Jul 2006313,92069.376.34$27,014
Jun 2006302,54766.286.38$18,248
May 2006482,85366.016.42$21,499
Apr 2006623,37564.397.36$28,834
Mar 2006843,47156.707.08$29,348
Feb 2006663,20557.597.75$28,643
Jan 2006913,98960.598.93$41,149
Dec 2005494,09454.9413.42$57,615
Nov 2005315,86454.6910.59$63,786
Oct 2005298158.3413.80$2,809
Sep 2005189461.4512.08$2,242
Aug 2005274,07261.519.80$41,554
Jul 2005224,94155.697.84$39,981
Jun 2005292,17452.337.38$17,564
May 2005402,99145.226.65$21,702
Apr 2005435,41749.207.36$41,987
Mar 2005825,94650.377.15$46,673
Feb 200526,13245.226.31$38,795
Jan 2005123,23443.166.32$20,964
Dec 2004563,52139.866.75$26,003
Nov 200403,75745.286.33$23,783
Oct 200405,15549.706.52$33,585
Sep 2004085743.245.28$4,528
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 200307728.565.98$461
May 20030026.595.97$0
Apr 200303326.675.41$178
Mar 2003011631.146.10$707
Feb 20030033.487.93$0
Jan 2003033230.315.58$1,853
Dec 2002066226.914.85$3,213
Nov 2002039224.664.14$1,622
Oct 2002072226.464.23$3,053
Sep 2002022027.443.64$800
Aug 2002051725.963.16$1,636
Jul 200201,21624.583.06$3,723
Jun 2002050223.733.34$1,676
May 2002017024.663.58$609
Apr 2002033823.653.51$1,187
Mar 200201,22422.003.10$3,798
Feb 200203,40818.222.38$8,096
Jan 200205,88317.172.38$13,976
Dec 200104,72116.932.36$11,162
Nov 200105,30618.072.41$12,764
Oct 200113,99719.782.53$10,128
Sep 200115,42724.262.25$12,242
Aug 200175,93124.873.05$18,282
Jul 2001285,84923.933.20$19,370
Jun 2001726,35224.563.82$26,059
May 2001734,21025.524.31$19,997
Apr 2001716,16224.685.34$34,629
Mar 2001613,65224.545.38$21,132
Feb 2001443,24827.755.77$19,952
Jan 2001445,64727.478.40$48,636
Dec 2000865,30926.889.12$50,743
Nov 2000435,96132.215.66$35,112
Oct 2000466,43031.235.15$34,522
Sep 2000487,93331.875.19$42,674
Aug 2000307,06729.644.54$32,979
Jul 2000567,14628.534.09$30,823
Jun 2000247,01029.304.40$31,528
May 2000465,99527.263.68$23,314
Apr 2000555,82824.513.12$19,508
Mar 2000375,96328.422.86$18,104
Feb 2000855,94027.622.73$18,543
Jan 2000637,30625.272.48$19,715
Dec 1999806,24624.282.42$17,081
Nov 1999405,35623.192.43$13,964
Oct 1999578,97120.982.80$26,348
Sep 1999444,39121.752.62$12,456
Aug 1999495,43719.262.88$16,578
Jul 1999448,25117.892.37$20,362
Jun 1999595,00615.942.36$12,765
May 1999448,27415.792.32$19,899
Apr 1999476,67515.102.21$15,448
Mar 1999446,95312.471.84$13,331
Feb 1999476,9969.981.82$13,186
Jan 1999467,34610.381.90$14,435
Dec 1998458,0449.201.77$14,679
Nov 1998509,18510.892.19$20,620
Oct 1998525,70512.421.97$11,880
Sep 1998578,25612.592.08$17,912
Aug 1998387,97311.301.91$15,637
Jul 1998508,70911.742.24$20,071
Jun 1998627,90411.242.24$18,380
May 1998817,47412.622.21$17,512
Apr 19981058,46813.042.51$22,584
Mar 19981609,46512.802.31$23,907
Feb 19981217,82013.952.30$19,667
Jan 199811610,34414.702.15$23,994
Dec 19975610,12316.322.41$25,321
Nov 1997513,59118.193.09$42,063
Oct 199748,07819.253.15$25,521
Sep 199757,82517.742.95$23,211
Aug 1997137,90217.862.55$20,420
Jul 1997376,71117.582.25$15,730
Jun 19974616,59317.242.26$38,247
May 1997195,70018.972.31$13,519
Apr 19972210,00217.882.08$21,225
Mar 199782,24518.951.94$4,505
Feb 1997195,34320.492.21$12,175
Jan 1997227,23923.483.54$26,140
Dec 1996296,96423.32$676
Nov 1996209,50821.97$439
Oct 19963810,85923.31$886
Sep 1996258,58522.22$556
Aug 1996237,93920.26$466
Jul 19963511,14519.55$684
Jun 19963812,48918.73$712
May 19962712,25019.43$525
Apr 1996165721.51$22
Mar 1996248119.38$39
Feb 1996872316.98$136
Jan 19961091517.07$171
Dec 1995212,12417.19$361
Nov 1995468,73716.00$736
Oct 1995488,58715.43$741
Sep 19955410,27416.18$874
Aug 19955311,88415.92$844
Jul 1995377,82515.24$564
Jun 1995488,97716.41$788
May 19956011,36817.56$1,054
Apr 1995402,38017.73$709
Mar 19955410,79016.44$888
Feb 1995556,79116.58$912
Jan 19956110,48315.92$971
Dec 1994519,80215.03$767
Nov 1994188,08515.90$286
Oct 199442,37215.58$62
Sep 19941112,09315.29$168
Aug 199488,14316.13$129
Jul 19941210,37417.56$211
Jun 19941311,78317.09$222
May 19942012,34115.88$318
Apr 1994223,95714.14$311
Mar 19943012,76612.46$374
Feb 1994141,69512.50$175
Jan 1994299,18212.66$367
Dec 19934112,07812.33$506
Nov 19934112,87614.49$594
Oct 1993409,58015.85$634
Sep 19934410,72515.03$661
Aug 19934810,51215.66$752
Jul 19934813,53315.46$742
Jun 19934910,29216.79$823
May 19936518,92517.68$1,149
Apr 1993253,66618.05$451
Mar 19934912,84718.14$889
Feb 1993343,97317.90$609
Jan 19938412,88516.93$1,422

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   51 Mcf  × $  2.87 =       $146

────────────────────────────────────────────────────
Month total                                     $146

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/128032 is the state's own key, not one this site invented.