GLADEWATER GU 3

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 129624District 06Field 35134500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$10.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$173 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
CondensateDisposition13,219 bbl$510,994
GasProduction3,383,719 Mcf$9,681,671
Total$10,192,664

1,052,664 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 32.5888, -94.9367. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58882, -94.93665 · 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
11,904 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 11,904 ft.

Completions filed
Oct 1988
1 of 1 wells

1 well

42-45930665211,904 ftOct 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 202604,240106.413.05$12,914
Apr 202604,57498.932.87$13,126
Mar 202605,82189.753.15$18,333
Feb 202602,54363.503.75$9,537
Jan 202604,24859.138.00$33,975
Dec 202503,27756.664.41$14,463
Nov 202503,50558.593.93$13,762
Oct 202503,93659.383.30$13,008
Sep 202504,68562.743.08$14,415
Aug 202503,00763.933.01$9,065
Jul 202513,02566.743.32$10,095
Jun 202533,23266.483.13$10,311
May 202583,16060.553.23$10,699
Apr 202573,65562.363.54$13,387
Mar 202583,59667.704.27$15,890
Feb 202572,66070.884.34$12,043
Jan 2025162,99974.324.28$14,021
Dec 202472,73668.993.12$9,023
Nov 2024182,14869.052.20$5,965
Oct 2024103,00971.372.28$7,578
Sep 2024102,96669.612.36$7,709
Aug 2024122,99075.632.06$7,078
Jul 2024123,95079.932.15$9,438
Jun 202403,79078.082.63$9,983
May 202483,66378.812.20$8,683
Apr 202410084.451.66$845
Mar 2024401,32680.301.55$5,261
Feb 202402,10176.091.78$3,747
Jan 2024323,22373.023.30$12,965
Dec 2023254,48871.262.61$13,498
Nov 202304,49877.892.81$12,628
Oct 2023345,98585.443.09$21,382
Sep 202306,57989.042.74$17,994
Aug 2023313,11880.522.67$10,830
Jul 202302,42474.852.64$6,404
Jun 2023285,59868.962.26$14,574
May 202305,35170.622.23$11,919
Apr 2023242,88878.122.24$8,338
Mar 2023252,02272.852.39$6,660
Feb 202301,15675.112.47$2,850
Jan 2023252,10676.533.39$9,048
Dec 202204,42976.415.73$25,374
Nov 2022282,18385.005.65$14,706
Oct 2022264,29387.185.86$27,440
Sep 202204,20384.888.16$34,312
Aug 2022294,55894.529.13$44,343
Jul 202206,600101.587.54$49,778
Jun 2022206,146115.097.98$51,330
May 202201,856109.378.43$15,652
Apr 2022301,489104.226.84$13,308
Mar 202201,505108.885.08$7,640
Feb 2022282,19691.054.86$13,219
Jan 2022312,78481.844.54$15,170
Dec 2021302,70271.323.90$12,675
Nov 2021292,82577.435.24$17,040
Oct 202102,92779.795.71$16,725
Sep 2021272,76369.865.35$16,671
Aug 202102,76666.024.22$11,674
Jul 2021202,93970.783.98$13,119
Jun 202103,17569.493.38$10,733
May 2021293,32763.483.02$11,881
Apr 2021193,42560.362.76$10,594
Mar 202101,49561.302.72$4,062
Feb 2021262,22957.805.55$13,869
Jan 2021273,50450.412.81$11,208
Dec 2020292,79244.642.68$8,764
Nov 202002,74538.772.71$7,430
Oct 2020303,40136.972.48$9,538
Sep 2020283,56937.091.99$8,145
Aug 202003,74239.982.39$8,925
Jul 2020113,26438.371.83$6,379
Jun 2020203,64334.901.69$6,856
May 202042,98716.921.81$5,488
Apr 202042,43814.751.80$4,458
Mar 202072,80630.341.86$5,421
Feb 202072,14249.881.98$4,592
Jan 202072,47057.252.09$5,575
Dec 201942,94259.012.30$7,015
Nov 201943,03255.302.75$8,561
Oct 201943,83453.472.42$9,487
Sep 2019142,36055.052.66$7,042
Aug 201902,78753.112.30$6,422
Jul 201952,95656.272.46$7,553
Jun 201903,04252.782.49$7,578
May 2019982,83458.482.74$13,497
Apr 2019162,90662.632.75$8,996
Mar 201943,05856.803.06$9,591
Feb 201972,81550.852.79$8,216
Jan 201963,15146.033.23$10,448
Dec 201881,90046.594.19$8,325
Nov 201852,48252.934.24$10,781
Oct 201882,81561.443.40$10,057
Sep 201803,75359.543.11$11,664
Aug 201873,67459.403.07$11,682
Jul 201882,82265.142.93$8,795
Jun 201803,42860.183.08$10,548
May 201883,22765.382.90$9,884
Apr 2018115,43963.842.90$16,480
Mar 201893,01361.222.79$8,948
Feb 2018102,58061.782.77$7,754
Jan 201852,68962.874.01$11,095
Dec 201793,72157.272.92$11,386
Nov 2017203,62355.423.12$12,406
Oct 201704,20649.292.98$12,549
Sep 201793,36347.523.09$10,810
Aug 201783,03545.373.00$9,481
Jul 201793,18743.873.09$10,234
Jun 201793,71642.493.09$11,855
May 2017103,63145.373.26$12,303
Apr 2017103,23347.933.21$10,862
Mar 2017112,70246.772.98$8,576
Feb 2017102,67050.452.95$8,388
Jan 201762,01649.413.42$7,189
Dec 2016133,67948.763.72$14,330
Nov 2016114,62642.492.64$12,700
Oct 201603,69946.193.09$11,431
Sep 201682,59241.553.10$8,369
Aug 201682,29341.442.92$7,037
Jul 201683,53441.622.92$10,668
Jun 201672,78745.352.69$7,803
May 2016102,22542.521.99$4,855
Apr 201603,27436.561.99$6,519
Mar 201682,84133.011.79$5,361
Feb 2016173,12426.472.06$6,897
Jan 201694,08927.352.36$9,914
Dec 201593,88232.362.00$8,061
Nov 201594,02138.792.17$9,064
Oct 2015103,19743.552.43$8,193
Sep 201582,81042.992.76$8,095
Aug 201544,02740.162.87$11,728
Jul 201575,44648.152.95$16,376
Jun 201593,30656.152.88$10,036
May 201534,74955.212.96$14,201
Apr 201503,05949.822.71$8,279
Mar 201503,94842.892.93$11,586
Feb 201504,04844.662.98$12,048
Jan 201504,57843.433.10$14,195
Dec 201416,02754.693.59$21,700
Nov 201443,32070.464.25$14,398
Oct 201441,87278.303.90$7,616
Sep 201452,83286.164.05$11,887
Aug 201453,82589.394.04$15,881
Jul 2014105,87996.564.18$25,537
Jun 201485,88898.164.74$28,676
May 2014124,88694.734.73$24,231
Apr 2014154,74095.944.81$24,234
Mar 2014204,14295.895.06$22,863
Feb 2014314,60597.406.19$31,534
Jan 2014185,11290.404.86$26,475
Dec 2013435,73591.824.35$28,921
Nov 2013125,14388.853.74$20,292
Oct 201394,01097.423.78$16,032
Sep 201394,600104.113.72$18,039
Aug 2013174,044104.253.52$16,018
Jul 201394,337102.523.72$17,047
Jun 201384,30194.403.93$17,673
May 2013203,10994.834.15$14,796
Apr 2013123,53793.964.28$16,275
Mar 2013224,29193.623.91$18,850
Feb 2013143,34591.233.42$12,717
Jan 2013255,18091.603.42$20,005
Dec 2012204,20486.773.42$16,114
Nov 2012554,23286.953.62$20,123
Oct 2012333,48089.383.40$14,780
Sep 2012344,49094.672.92$16,322
Aug 2012365,02792.662.91$17,955
Jul 2012695,18985.133.02$21,549
Jun 2012144,73279.822.52$13,038
May 2012214,55091.612.49$13,246
Apr 2012114,531101.652.00$10,166
Mar 2012215,305105.052.22$13,994
Feb 2012113,648101.102.57$10,488
Jan 2012204,73598.092.73$14,908
Dec 2011244,13096.873.24$15,705
Nov 2011345,44895.723.31$21,294
Oct 2011176,09984.983.65$23,697
Sep 2011215,72983.623.99$24,591
Aug 2011175,56983.404.15$24,525
Jul 2011287,96794.144.52$38,625
Jun 2011217,61592.904.64$37,284
May 2011195,83798.134.40$27,575
Apr 2011266,162105.964.33$29,457
Mar 2011196,84196.364.06$29,587
Feb 2011185,64485.644.18$25,133
Jan 2011162,75686.504.59$14,031
Dec 2010296,70185.734.35$31,620
Nov 2010196,77280.843.80$27,238
Oct 2010267,68678.103.51$29,000
Sep 2010145,77872.633.98$24,010
Aug 2010266,35473.684.42$29,996
Jul 2010328,14072.554.74$40,877
Jun 2010217,88970.364.91$40,216
May 2010348,02571.124.24$36,406
Apr 2010127,69381.694.12$32,696
Mar 2010239,11378.394.39$41,797
Feb 2010248,01673.585.44$45,392
Jan 2010198,50674.365.96$52,143
Dec 2009209,79471.445.48$55,137
Nov 2009269,66274.593.75$38,186
Oct 2009398,79272.544.11$38,966
Sep 20093810,05165.543.06$33,294
Aug 20093610,78467.423.22$37,135
Jul 20094110,28861.133.46$38,149
Jun 2009279,61966.163.90$39,252
May 20094410,84354.743.93$44,975
Apr 20097412,00546.773.59$46,529
Mar 20096911,41742.144.06$49,249
Feb 2009737,82032.814.63$38,625
Jan 20096410,77235.865.37$60,151
Dec 20089412,27037.105.98$76,827
Nov 20088214,79155.496.86$106,022
Oct 20083015,13275.246.92$107,001
Sep 2008102,317101.767.88$19,269
Aug 2008254,199114.228.48$38,476
Jul 20082410,435131.0811.39$121,995
Jun 2008127,498131.3313.03$99,295
May 200882,948123.1711.57$35,106
Apr 200815635110.3110.45$8,293
Mar 2008261,833101.909.66$20,364
Feb 2008441,70492.538.77$19,016
Jan 2008353,91790.388.21$35,305
Dec 20072494388.337.30$9,006
Nov 2007523,90291.677.29$33,219
Oct 2007545,21182.856.92$40,544
Sep 2007938,74675.846.24$61,665
Aug 200711810,72069.066.39$76,628
Jul 20073610,48770.906.39$69,543
Jun 200752,19862.007.55$16,901
May 200741,50258.747.85$12,020
Apr 200753,32059.617.81$26,211
Mar 200792,93156.927.30$21,914
Feb 2007196,19355.108.22$51,929
Jan 20071810,04150.306.73$68,450
Dec 2006188,72656.656.92$61,390
Nov 2006308,03754.207.62$62,848
Oct 20064012,09754.906.01$74,945
Sep 20067011,95260.085.04$64,410
Aug 20064111,67168.717.34$88,481
Jul 2006293,36569.376.34$23,355
Jun 2006416,96466.286.38$47,175
May 2006339,50066.016.42$63,216
Apr 2006111,61264.397.36$12,573
Mar 2006232,58156.707.08$19,585
Feb 2006303,80157.597.75$31,190
Jan 2006817,10060.598.93$68,334
Dec 20054713,89954.9413.42$189,043
Nov 200562,75154.6910.59$29,457
Oct 200541,65258.3413.80$23,024
Sep 200542,08461.4512.08$25,418
Aug 200583,85161.519.80$38,220
Jul 200583,48155.697.84$27,749
Jun 2005186,92352.337.38$52,041
May 2005289,81845.226.65$66,567
Apr 2005305,41649.207.36$41,340
Mar 2005638,59050.377.15$64,634
Feb 2005548,04045.226.31$53,190
Jan 2005669,34243.166.32$61,911
Dec 2004344,24239.866.75$29,993
Nov 2004738,34745.286.33$56,145
Oct 20047710,79649.706.52$74,164
Sep 20046610,82643.245.28$60,057
Aug 2004657,98142.375.55$47,054
Jul 2004529,82238.286.08$61,749
Jun 20046211,43936.106.43$75,826
May 20042411,87237.486.49$78,003
Apr 2004189,95434.475.86$58,936
Mar 2004197,75534.365.53$43,539
Feb 20042310,29632.455.51$57,473
Jan 2004105,90232.036.30$37,501
Dec 2003217,09330.266.30$45,333
Nov 2003168,78028.804.60$40,806
Oct 200367,21928.174.76$34,529
Sep 2003188,00826.314.75$38,506
Aug 2003146,77029.765.13$35,145
Jul 2003157,05429.415.17$36,916
Jun 2003144,83728.565.98$29,339
May 2003127,97626.595.97$47,957
Apr 2003354,82226.675.41$27,007
Mar 20031356,96731.146.10$46,675
Feb 200314810,28133.487.93$86,441
Jan 200320012,11030.315.58$73,661
Dec 200216810,99626.914.85$57,893
Nov 20021027,24724.664.14$32,496
Oct 2002419,49826.464.23$41,253
Sep 20021311,21527.443.64$41,125
Aug 20021211,79725.963.16$37,639
Jul 2002109,31124.583.06$28,754
Jun 20021912,31023.733.34$41,545
May 20022414,02424.663.58$50,854
Apr 2002195,68623.653.51$20,420
Mar 2002369,99122.003.10$31,791
Feb 2002318,91018.222.38$21,732
Jan 20024211,88017.172.38$28,944
Dec 20014411,05916.932.36$26,893
Nov 2001246,01018.072.41$14,891
Oct 20014111,55319.782.53$30,027
Sep 2001209,89824.262.25$22,769
Aug 20013514,08624.873.05$43,877
Jul 2001289,17523.933.20$30,003
Jun 20012311,36724.563.82$44,034
May 20013312,89925.524.31$56,402
Apr 20012910,54824.685.34$56,993
Mar 20013110,99324.545.38$59,864
Feb 2001189,21527.755.77$53,643
Jan 20011810,11527.478.40$85,448
Dec 20004112,54326.889.12$115,526
Nov 20003311,45232.215.66$65,858
Oct 20004311,81331.235.15$62,127
Sep 20004513,34631.875.19$70,653
Aug 20003012,35629.644.54$56,995
Jul 20005511,94028.534.09$50,401
Jun 20002813,40529.304.40$59,766
May 20004811,57527.263.68$43,902
Apr 20006711,42024.513.12$37,227
Mar 20004512,94228.422.86$38,290
Feb 20009013,16227.622.73$38,372
Jan 20005811,47825.272.48$29,937
Dec 19997611,95724.282.42$30,826
Nov 19995311,72523.192.43$29,768
Oct 19992712,81620.982.80$36,499
Sep 19991114,10721.752.62$37,183
Aug 19991011,62919.262.88$33,633
Jul 19991214,29017.892.37$34,116
Jun 19991711,89615.942.36$28,371
May 19991816,00615.792.32$37,434
Apr 19995612,64215.102.21$28,760
Mar 19997114,25112.471.84$27,083
Feb 1999559,6959.981.82$18,172
Jan 19996411,91410.381.90$23,300
Dec 19987815,4559.201.77$28,124
Nov 19987113,07010.892.19$29,341
Oct 19986316,07912.421.97$32,445
Sep 19985915,75712.592.08$33,559
Aug 19984216,48811.301.91$31,923
Jul 19985315,89211.742.24$36,177
Jun 19985816,99311.242.24$38,670
May 19986318,97912.622.21$42,669
Apr 19987521,19113.042.51$54,068
Mar 19986610,63012.802.31$25,394
Feb 19986010,29813.952.30$24,513
Jan 199810918,77314.702.15$42,054
Dec 19979817,73216.322.41$44,353
Nov 19977321,94818.193.09$69,109
Oct 19975119,67919.253.15$62,967
Sep 19973316,68917.742.95$49,899
Aug 19972913,28417.862.55$34,455
Jul 19972912,68917.582.25$29,021
Jun 19974714,65817.242.26$33,896
May 19975214,49118.972.31$34,439
Apr 19975514,37717.882.08$30,928
Mar 19979019,51418.951.94$39,546
Feb 19976010,13520.492.21$23,586
Jan 19977615,56423.483.54$56,876
Dec 199610320,73323.32$2,402
Nov 19964211,86621.97$923
Oct 19968519,86223.31$1,981
Sep 19965817,92322.22$1,289
Aug 19964416,20220.26$891
Jul 19966318,87919.55$1,232
Jun 19966018,65518.73$1,124
May 19964716,95719.43$913
Apr 19965311,81821.51$1,140
Mar 19968723,60019.38$1,686
Feb 199611115,76916.98$1,885
Jan 199610817,04317.07$1,844
Dec 199512321,25517.19$2,114
Nov 199510821,47216.00$1,728
Oct 19953821,49015.43$586
Sep 19953120,76716.18$502
Aug 19953120,93715.92$494
Jul 19952719,57315.24$411
Jun 19953723,95716.41$607
May 19955028,22417.56$878
Apr 19955618,40417.73$993
Mar 19956120,04116.44$1,003
Feb 19958124,67416.58$1,343
Jan 19956418,08815.92$1,019
Dec 19947822,56615.03$1,172
Nov 19948323,16315.90$1,320
Oct 19946417,76515.58$997
Sep 19947820,58115.29$1,193
Aug 19946920,09416.13$1,113
Jul 19949525,98917.56$1,668
Jun 19948323,35917.09$1,418
May 19948520,69415.88$1,350
Apr 19948127,76614.14$1,145
Mar 19945317,94112.46$660
Feb 19946523,17212.50$813
Jan 19945515,59312.66$696
Dec 19938528,08112.33$1,048
Nov 19938321,26514.49$1,203
Oct 199310929,99315.85$1,728
Sep 199311027,38215.03$1,653
Aug 199311525,62315.66$1,801
Jul 199311030,37315.46$1,701
Jun 199311026,16616.79$1,847
May 199311619,71217.68$2,051
Apr 199312229,01818.05$2,202
Mar 199312330,76518.14$2,231
Feb 199311027,98017.90$1,969
Jan 199315829,43416.93$2,675

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             0 bbl  × $106.41 =         $0
Gas                4,240 Mcf  × $  3.05 =    $12,914

────────────────────────────────────────────────────
Month total                                  $12,914

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/129624 is the state's own key, not one this site invented.