GLADEWATER GU 12

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 133526District 06Field 35134500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$57.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$525 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
High Cost Gas111990-05-17122161
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
CondensateDisposition38,520 bbl$1,466,296
GasProduction17,635,354 Mcf$56,278,002
Total$57,744,298

4,865,428 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 32.5530, -94.9499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55301, -94.94993 · 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
11,864 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 11,864 ft.

Completions filed
Oct 2001
1 of 1 wells

1 well

42-45930674211,864 ftOct 2001

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 2026811,049106.413.05$34,505
Apr 2026811,20798.932.87$32,952
Mar 2026811,73389.753.15$37,670
Feb 2026810,54463.503.75$40,051
Jan 2026811,38759.138.00$91,545
Dec 2025812,51356.664.41$55,678
Nov 2025811,75158.593.93$46,608
Oct 2025910,34659.383.30$34,726
Sep 20251110,46362.743.08$32,884
Aug 20251211,99163.933.01$36,917
Jul 20251612,33666.743.32$41,964
Jun 20252811,92266.483.13$39,162
May 20256712,14760.553.23$43,320
Apr 20256310,61862.363.54$41,550
Mar 20256712,14867.704.27$56,387
Feb 20256510,65270.884.34$50,846
Jan 202513111,41674.324.28$58,581
Dec 20247612,58968.993.12$44,538
Nov 20249412,57769.052.20$34,140
Oct 20243811,09671.372.28$28,026
Sep 20241310,73669.612.36$26,289
Aug 2024313,37475.632.06$27,826
Jul 2024811,82079.932.15$26,012
Jun 2024013,03378.082.63$34,329
May 2024011,44178.812.20$25,152
Apr 202408,79384.451.66$14,589
Mar 202449,67480.301.55$15,269
Feb 2024010,34476.091.78$18,450
Jan 20243714,93173.023.30$51,939
Dec 2023459,21171.262.61$27,254
Nov 2023010,93877.892.81$30,709
Oct 2023368,74785.443.09$30,080
Sep 2023014,46189.042.74$39,551
Aug 20233511,68980.522.67$34,061
Jul 2023113,83474.852.64$36,622
Jun 20233210,73268.962.26$26,445
May 2023012,76470.622.23$28,431
Apr 20233113,23978.122.24$32,047
Mar 20233313,17272.852.39$33,927
Feb 2023013,80775.112.47$34,044
Jan 2023308,30376.533.39$30,424
Dec 202206,24276.415.73$35,761
Nov 20223311,28085.005.65$66,494
Oct 20223513,23187.185.86$80,635
Sep 2022111,69084.888.16$95,518
Aug 20223815,32894.529.13$143,493
Jul 2022013,424101.587.54$101,245
Jun 20223811,514115.097.98$96,223
May 2022011,762109.378.43$99,189
Apr 20223211,229104.226.84$80,114
Mar 2022012,120108.885.08$61,526
Feb 20223512,17891.054.86$62,358
Jan 20223614,08781.844.54$66,869
Dec 20213614,04471.323.90$57,327
Nov 20213513,83377.435.24$75,151
Oct 2021012,17279.795.71$69,549
Sep 20213412,81169.865.35$70,926
Aug 2021015,41166.024.22$65,044
Jul 20213713,09770.783.98$54,772
Jun 2021013,83969.493.38$46,784
May 20213314,57263.483.02$46,068
Apr 20213614,37360.362.76$41,820
Mar 2021013,77361.302.72$37,420
Feb 2021306,28457.805.55$36,597
Jan 20213614,60650.412.81$42,862
Dec 20203714,88944.642.68$41,487
Nov 2020013,59138.772.71$36,785
Oct 20203914,24836.972.48$36,755
Sep 20204014,51837.091.99$30,390
Aug 2020014,77339.982.39$35,235
Jul 20201815,41238.371.83$28,819
Jun 20204414,24834.901.69$25,619
May 20202514,22716.921.81$26,241
Apr 20202912,95014.751.80$23,794
Mar 20205714,77330.341.86$29,151
Feb 20205613,93049.881.98$30,384
Jan 20205514,43457.252.09$33,384
Dec 20192615,30359.012.30$36,798
Nov 20192614,19755.302.75$40,489
Oct 20193715,58953.472.42$39,681
Sep 20192414,44855.052.66$39,714
Aug 2019016,01053.112.30$36,893
Jul 20192316,33356.272.46$41,474
Jun 2019012,86952.782.49$32,059
May 20191717,06958.482.74$47,769
Apr 20192315,73762.632.75$44,728
Mar 20192615,17756.803.06$47,950
Feb 20192714,47650.852.79$41,793
Jan 20192816,76646.033.23$55,413
Dec 20182916,07246.594.19$68,620
Nov 20182716,23752.934.24$70,229
Oct 20183117,12861.443.40$60,107
Sep 2018017,48159.543.11$54,331
Aug 20182616,20659.403.07$51,241
Jul 20182817,40265.142.93$52,845
Jun 2018014,12660.183.08$43,465
May 20182416,30765.382.90$48,872
Apr 20182816,52963.842.90$49,735
Mar 20182718,57261.222.79$53,410
Feb 20182715,15061.782.77$43,575
Jan 20181718,32862.874.01$74,552
Dec 20172716,01257.272.92$48,326
Nov 20175216,26955.423.12$53,614
Oct 2017017,35549.292.98$51,782
Sep 20171917,39547.523.09$54,606
Aug 20171917,64445.373.00$53,872
Jul 20172117,25843.873.09$54,202
Jun 20172017,84242.493.09$55,933
May 20172118,18145.373.26$60,285
Apr 20173016,86347.933.21$55,595
Mar 20173018,34546.772.98$56,139
Feb 20173117,82350.452.95$54,188
Jan 20171713,54049.413.42$47,131
Dec 20163518,92748.763.72$72,169
Nov 20163418,23842.492.64$49,672
Oct 2016018,34246.193.09$56,682
Sep 20162318,13341.553.10$57,179
Aug 20162417,93341.442.92$53,437
Jul 20162420,74041.622.92$61,650
Jun 20162220,51145.352.69$56,087
May 20162921,07642.521.99$43,196
Apr 2016019,64536.561.99$39,114
Mar 20163421,10233.011.79$38,980
Feb 20166820,22226.472.06$43,531
Jan 20163621,44227.352.36$51,681
Dec 20153419,16132.362.00$39,449
Nov 20153921,80938.792.17$48,780
Oct 20153521,57143.552.43$53,868
Sep 20153421,57942.992.76$60,986
Aug 20151622,30240.162.87$64,705
Jul 20153323,04548.152.95$69,458
Jun 20153120,88756.152.88$61,955
May 20153117,54755.212.96$53,571
Apr 20154019,26349.822.71$54,129
Mar 20151721,09042.892.93$62,622
Feb 20151718,90244.662.98$57,015
Jan 20151721,88543.433.10$68,596
Dec 20143823,02854.693.59$84,780
Nov 20141919,26470.464.25$83,246
Oct 20142821,22478.303.90$84,986
Sep 20143620,93286.164.05$87,781
Aug 20143521,64189.394.04$90,453
Jul 20147121,87096.564.18$98,264
Jun 20143721,94498.164.74$107,578
May 20143423,56294.734.73$114,588
Apr 20144422,09495.944.81$110,474
Mar 20146021,35295.895.06$113,726
Feb 20148421,06597.406.19$138,616
Jan 20144022,00590.404.86$110,576
Dec 20137123,10591.824.35$107,129
Nov 20133721,61988.853.74$84,105
Oct 20133824,70897.423.78$97,082
Sep 20134122,681104.113.72$88,591
Aug 20137824,152104.253.52$93,210
Jul 20133923,716102.523.72$92,168
Jun 20133923,78694.403.93$97,242
May 20138523,82394.834.15$106,904
Apr 20133924,66093.964.28$109,273
Mar 20138026,64293.623.91$111,736
Feb 20133623,43991.233.42$83,444
Jan 20137625,84191.603.42$95,335
Dec 20123825,49286.773.42$90,484
Nov 20127026,90386.953.62$103,609
Oct 20122625,65589.383.40$89,543
Sep 20122426,30094.672.92$79,026
Aug 20122525,33992.662.91$76,006
Jul 20125126,14685.133.02$83,323
Jun 20122426,29479.822.52$68,151
May 20125228,09991.612.49$74,683
Apr 20122329,553101.652.00$61,349
Mar 20124228,866105.052.22$68,555
Feb 20122317,721101.102.57$47,873
Jan 20124827,73198.092.73$80,527
Dec 20115529,02996.873.24$99,374
Nov 20117427,59995.723.31$98,471
Oct 20114630,89884.983.65$116,642
Sep 20117323,59583.623.99$100,149
Aug 20114828,89483.404.15$123,894
Jul 20117429,61594.144.52$140,744
Jun 20117028,92692.904.64$140,716
May 20118329,88498.134.40$139,778
Apr 201112927,515105.964.33$132,899
Mar 201110131,61496.364.06$138,001
Feb 201114128,12485.644.18$129,633
Jan 201110328,14886.504.59$138,074
Dec 201014532,50285.734.35$153,741
Nov 20107528,84880.843.80$115,551
Oct 20109226,98578.103.51$101,873
Sep 20104434,50272.633.98$140,495
Aug 20106732,27973.684.42$147,589
Jul 20106229,96972.554.74$146,446
Jun 20104524,13570.364.91$121,679
May 201013129,37771.124.24$133,735
Apr 20106929,85181.694.12$128,703
Mar 201014724,47878.394.39$118,949
Feb 201015926,43773.585.44$155,579
Jan 201012724,09174.365.96$153,125
Dec 200912630,35371.445.48$175,450
Nov 20099032,83974.593.75$129,909
Oct 20097530,20172.544.11$129,574
Sep 20096833,14665.543.06$106,041
Aug 20096533,50867.423.22$112,228
Jul 20096934,53261.133.46$123,854
Jun 20094227,47066.163.90$109,774
May 20096529,45454.743.93$119,187
Apr 200910426,03346.773.59$98,257
Mar 200910225,26942.144.06$106,865
Feb 200910519,78132.814.63$95,090
Jan 20099223,51635.865.37$129,604
Dec 200812329,13237.105.98$178,689
Nov 20089927,30855.496.86$192,836
Oct 20086230,89975.246.92$218,547
Sep 20085129,983101.767.88$241,369
Aug 20084830,469114.228.48$263,952
Jul 20084829,326131.0811.39$340,298
Jun 20084730,481131.3313.03$403,420
May 20084130,876123.1711.57$362,418
Apr 20084026,912110.3110.45$285,774
Mar 20085727,471101.909.66$271,290
Feb 20085429,81992.538.77$266,527
Jan 20084721,18590.388.21$178,086
Dec 20074629,85088.337.30$222,027
Nov 20074031,55391.677.29$233,742
Oct 20072737,93382.856.92$264,808
Sep 20073225,56375.846.24$162,046
Aug 20074648,65469.066.39$313,976
Jul 20073335,47770.906.39$228,965
Jun 20076041,48962.007.55$316,898
May 20078233,10358.747.85$264,552
Apr 20079541,74959.617.81$331,522
Mar 200712448,81756.927.30$363,518
Feb 200712141,49455.108.22$347,582
Jan 20079337,86250.306.73$259,370
Dec 200612445,68456.656.92$323,087
Nov 200612546,28154.207.62$359,320
Oct 20068248,77554.906.01$297,825
Sep 200610645,83660.085.04$237,254
Aug 200610449,66468.717.34$371,676
Jul 200610749,76069.376.34$323,038
Jun 200610049,20766.286.38$320,760
May 200613452,82766.016.42$348,259
Apr 200615953,45864.397.36$403,715
Mar 200622755,54256.707.08$406,270
Feb 200617750,53257.597.75$401,873
Jan 200625054,15160.598.93$498,896
Dec 200517755,34454.9413.42$752,186
Nov 200518054,36954.6910.59$585,525
Oct 200517857,76658.3413.80$807,310
Sep 200511354,51361.4512.08$665,406
Aug 200518061,45261.519.80$613,107
Jul 200514763,63955.697.84$507,348
Jun 200518358,88752.337.38$444,224
May 200522165,87045.226.65$448,106
Apr 200520166,78849.207.36$501,481
Mar 200528872,76050.377.15$535,096
Feb 200524369,97345.226.31$452,652
Jan 200528470,86543.166.32$460,280
Dec 200421269,67839.866.75$478,852
Nov 200425868,99645.286.33$448,456
Oct 200421478,52649.706.52$522,241
Sep 200418682,61943.245.28$444,593
Aug 200417858,08842.375.55$329,969
Jul 200414165,92938.286.08$406,521
Jun 200419367,35036.106.43$440,231
May 200421869,96437.486.49$462,557
Apr 200417869,14234.475.86$411,201
Mar 200422769,24434.365.53$390,729
Feb 200421361,32932.455.51$344,811
Jan 200414860,21132.036.30$384,048
Dec 200325467,95730.266.30$435,927
Nov 200315562,24828.804.60$290,504
Oct 200320279,00628.174.76$381,730
Sep 200316579,57026.314.75$382,248
Aug 200314079,30229.765.13$410,963
Jul 200314375,42029.415.17$394,190
Jun 200318686,01128.565.98$519,913
May 200311285,94926.595.97$516,324
Apr 200316572,38726.675.41$395,817
Mar 200319177,99431.146.10$481,402
Feb 200313471,60033.487.93$571,979
Jan 200317778,99030.315.58$446,290
Dec 200218182,19426.914.85$403,821
Nov 200220292,37924.664.14$387,150
Oct 2002228101,72326.464.23$436,232
Sep 200219595,41427.443.64$352,200
Aug 200217193,84725.963.16$301,386
Jul 200215686,36324.583.06$268,257
Jun 200222290,86423.733.34$308,594
May 200226195,85624.663.58$349,984
Apr 2002193102,10823.653.51$363,200
Mar 2002232103,55222.003.10$326,397
Feb 200219695,06618.222.38$229,418
Jan 200221296,48917.172.38$232,867
Dec 200125492,10016.932.36$222,061
Nov 2001228110,69618.072.41$270,401
Oct 20019017,10119.782.53$45,027
Sep 20017731,79124.262.25$73,440
Aug 200116556,38724.873.05$176,262
Jul 200116457,19123.933.20$186,769
Jun 200110550,64124.563.82$196,238
May 200110747,58825.524.31$207,707
Apr 20019453,72324.685.34$288,949
Mar 20019153,85724.545.38$291,792
Feb 20014944,28127.755.77$256,732
Jan 20014541,97727.478.40$353,791
Dec 20008136,34626.889.12$333,744
Nov 20007438,38532.215.66$219,566
Oct 20009644,59431.235.15$232,457
Sep 20009644,21631.875.19$232,386
Aug 20007353,54529.644.54$245,298
Jul 200012547,76728.534.09$198,921
Jun 20005746,48029.304.40$206,054
May 200010449,10427.263.68$183,525
Apr 200010745,84724.513.12$145,482
Mar 20005044,61428.422.86$129,006
Feb 200011448,08227.622.73$134,244
Jan 20009559,27425.272.48$149,430
Dec 199913666,56824.282.42$164,644
Nov 199910260,37823.192.43$149,325
Oct 199915261,01920.982.80$174,269
Sep 199913256,00021.752.62$149,527
Aug 199913560,65819.262.88$177,028
Jul 199912855,66917.892.37$134,357
Jun 199917262,68615.942.36$150,812
May 199912261,15015.792.32$143,857
Apr 199913062,62015.102.21$140,231
Mar 19998869,09812.471.84$128,122
Feb 19998156,1139.981.82$102,810
Jan 19998967,30110.381.90$128,792
Dec 19989168,5509.201.77$122,398
Nov 19989671,79110.892.19$157,960
Oct 19986773,30212.421.97$145,179
Sep 1998071,41912.592.08$148,739
Aug 1998071,36011.301.91$136,109
Jul 1998270,85711.742.24$158,550
Jun 1998573,71111.242.24$164,968
May 19981977,72012.622.21$171,717
Apr 199810369,13313.042.51$174,544
Mar 199828177,04312.802.31$181,523
Feb 199821969,09013.952.30$161,902
Jan 199826772,72514.702.15$160,632
Dec 199727682,06016.322.41$202,359
Nov 199719577,05818.193.09$241,522
Oct 199720579,08919.253.15$253,062
Sep 199716180,53117.742.95$240,816
Aug 199717785,62717.862.55$221,916
Jul 199717184,37417.582.25$192,590
Jun 199723582,76117.242.26$190,860
May 199722591,21518.972.31$214,838
Apr 199717381,36317.882.08$172,554
Mar 199724490,26318.951.94$179,656
Feb 199725182,42420.492.21$186,962
Jan 199723587,43923.483.54$315,026
Dec 199628791,15623.32$6,693
Nov 199616991,08521.97$3,713
Oct 199625493,86323.31$5,921
Sep 199620993,80322.22$4,644
Aug 199618799,92720.26$3,789
Jul 199623599,00519.55$4,594
Jun 1996239102,04118.73$4,476
May 1996214105,09219.43$4,158
Apr 199627492,66521.51$5,894
Mar 1996292106,24619.38$5,659
Feb 199624489,59416.98$4,143
Jan 1996183101,34917.07$3,124
Dec 1995209103,85517.19$3,593
Nov 1995264106,28416.00$4,224
Oct 1995308113,20615.43$4,752
Sep 1995304123,24716.18$4,919
Aug 1995281132,81415.92$4,474
Jul 199517675,22915.24$2,682
Jun 199523392,65316.41$3,824
May 1995265109,06217.56$4,653
Apr 1995155114,65317.73$2,748
Mar 199547129,43716.44$773
Feb 199555111,24016.58$912
Jan 199561130,80115.92$971
Dec 199475126,90715.03$1,127
Nov 1994119119,64815.90$1,892
Oct 1994179117,99015.58$2,789
Sep 1994345125,19115.29$5,275
Aug 1994281128,03516.13$4,533
Jul 1994300135,67517.56$5,268
Jun 1994159112,39017.09$2,717
May 1994108101,77315.88$1,715
Apr 199417487,60614.14$2,460
Mar 1994216110,81412.46$2,691
Feb 1994255121,40512.50$3,188
Jan 1994244149,01412.66$3,089
Dec 199317797,46412.33$2,182
Nov 199310234,29314.49$1,478
Oct 199314670,22915.85$2,314
Sep 199314639,49915.03$2,194
Aug 199325194,19015.66$3,931
Jul 199322295,88815.46$3,432
Jun 199323885,37616.79$3,996
May 199327793,09817.68$4,897
Apr 199321078,21018.05$3,791
Mar 199323476,52718.14$4,245
Feb 199322781,60917.90$4,063
Jan 199329874,29016.93$5,045

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             8 bbl  × $106.41 =       $851
Gas               11,049 Mcf  × $  3.05 =    $33,653

────────────────────────────────────────────────────
Month total                                  $34,505

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/133526 is the state's own key, not one this site invented.