MEADOWS GAS UNIT

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

Gas lease lease 139928District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$27 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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
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 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas111992-01-03124704
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
CondensateDisposition9,336 bbl$263,489
GasProduction1,529,242 Mcf$4,416,817
Total$4,680,306

489,400 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 32.5861, -94.7436. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58611, -94.74357 · 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
10,910 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 10,910 ft.

Completions filed
Nov 1991
1 of 1 wells

1 well

42-18330880210,910 ftNov 1991

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 2026037106.413.05$113
Apr 2026038098.932.87$1,090
Mar 2026050789.753.15$1,597
Feb 2026046263.503.75$1,733
Jan 2026063159.138.00$5,047
Dec 2025045956.664.41$2,026
Nov 2025061758.593.93$2,423
Oct 2025062159.383.30$2,052
Sep 2025088162.743.08$2,711
Aug 2025065163.933.01$1,963
Jul 202501,04466.743.32$3,461
Jun 2025093166.483.13$2,913
May 202501,00460.553.23$3,245
Apr 202501,02662.363.54$3,635
Mar 2025091967.704.27$3,923
Feb 2025089870.884.34$3,898
Jan 202501,06874.324.28$4,570
Dec 202401,04668.993.12$3,265
Nov 202401,16669.052.20$2,563
Oct 202401,25271.372.28$2,856
Sep 202401,18569.612.36$2,802
Aug 202401,35975.632.06$2,804
Jul 202401,01779.932.15$2,183
Jun 2024077278.082.63$2,033
May 2024091378.812.20$2,007
Apr 202401,01084.451.66$1,676
Mar 2024197280.301.55$1,582
Feb 202441,04776.091.78$2,172
Jan 2024087573.023.30$2,885
Dec 202361,09271.262.61$3,278
Nov 202331,42677.892.81$4,237
Oct 202331,07285.443.09$3,566
Sep 202391,07389.042.74$3,736
Aug 2023121,16980.522.67$4,091
Jul 2023122,44874.852.64$7,365
Jun 2023095868.962.26$2,164
May 202371,38170.622.23$3,570
Apr 202361,39978.122.24$3,599
Mar 202352,44272.852.39$6,208
Feb 202361,09275.112.47$3,143
Jan 2023111,00076.533.39$4,230
Dec 202201,39176.415.73$7,969
Nov 202261,26485.005.65$7,647
Oct 202252,13887.185.86$12,973
Sep 202202,08584.888.16$17,021
Aug 2022102,33994.529.13$22,294
Jul 202202,429101.587.54$18,320
Jun 202252,433115.097.98$19,984
May 202262,733109.378.43$23,704
Apr 202262,973104.226.84$20,954
Mar 2022113,087108.885.08$16,869
Feb 202264,33391.054.86$21,600
Jan 202201,04081.844.54$4,719
Dec 202151,07271.323.90$4,536
Nov 2021101,01077.435.24$6,064
Oct 2021196379.795.71$5,582
Sep 202101,01469.865.35$5,426
Aug 202151,01766.024.22$4,622
Jul 2021557870.783.98$2,656
Jun 202152,91269.493.38$10,192
May 202101,91163.483.02$5,767
Apr 2021932260.362.76$1,431
Mar 2021122,21961.302.72$6,764
Feb 2021054457.805.55$3,018
Jan 20211085250.412.81$2,898
Dec 2020474044.642.68$2,158
Nov 202051,36238.772.71$3,880
Oct 202051,54436.972.48$4,012
Sep 2020547237.091.99$1,125
Aug 202022,51439.982.39$6,076
Jul 202061,88938.371.83$3,678
Jun 202063,58534.901.69$6,269
May 2020454916.921.81$1,064
Apr 202061,56014.751.80$2,903
Mar 202011,60630.341.86$3,011
Feb 20203039449.881.98$2,277
Jan 2020043057.252.09$901
Dec 201902,02059.012.30$4,655
Nov 2019017955.302.75$492
Oct 2019035553.472.42$859
Sep 201902,18955.052.66$5,817
Aug 2019084653.112.30$1,949
Jul 201901,44656.272.46$3,557
Jun 2019069852.782.49$1,739
May 2019035658.482.74$976
Apr 2019073162.632.75$2,011
Mar 2019051556.803.06$1,577
Feb 2019028050.852.79$782
Jan 2019022946.033.23$739
Dec 2018034846.594.19$1,457
Nov 201801,51752.934.24$6,428
Oct 201801,84961.443.40$6,283
Sep 201802,98159.543.11$9,265
Aug 2018028559.403.07$874
Jul 2018067065.142.93$1,964
Jun 2018063560.183.08$1,954
May 201802,39565.382.90$6,947
Apr 201803,01963.842.90$8,758
Mar 201802,74861.222.79$7,658
Feb 201802,72361.782.77$7,532
Jan 201801,85462.874.01$7,433
Dec 201702,32057.272.92$6,778
Nov 201702,59955.423.12$8,105
Oct 201702,74049.292.98$8,175
Sep 201702,52447.523.09$7,792
Aug 201702,56645.373.00$7,709
Jul 201702,03343.873.09$6,276
Jun 201702,61742.493.09$8,079
May 201702,03545.373.26$6,641
Apr 201702,46147.933.21$7,904
Mar 201702,90946.772.98$8,680
Feb 201701,97850.452.95$5,840
Jan 201701,10949.413.42$3,791
Dec 201601,19248.763.72$4,438
Nov 201601,00542.492.64$2,658
Oct 2016097746.193.09$3,019
Sep 201601,33441.553.10$4,136
Aug 201601,45741.442.92$4,261
Jul 201601,19441.622.92$3,492
Jun 201601,11945.352.69$3,005
May 201602,11142.521.99$4,203
Apr 201601,97336.561.99$3,928
Mar 201601,45633.011.79$2,612
Feb 201602,56926.472.06$5,301
Jan 20161782,86027.352.36$11,630
Dec 201502,80832.362.00$5,620
Nov 201502,55638.792.17$5,540
Oct 201502,74443.552.43$6,659
Sep 201502,85242.992.76$7,867
Aug 201502,81640.162.87$8,089
Jul 201502,88848.152.95$8,505
Jun 201502,80856.152.88$8,095
May 201503,11355.212.96$9,200
Apr 20151863,30849.822.71$18,220
Mar 201502,57742.892.93$7,563
Feb 201502,89144.662.98$8,604
Jan 201503,28143.433.10$10,173
Dec 201403,28254.693.59$11,787
Nov 201403,14670.464.25$13,376
Oct 201403,37778.303.90$13,174
Sep 201403,21186.164.05$12,990
Aug 201403,31389.394.04$13,368
Jul 20141823,47096.564.18$32,077
Jun 201403,30798.164.74$15,665
May 201403,56794.734.73$16,860
Apr 201402,57295.944.81$12,369
Mar 201402,27395.895.06$11,494
Feb 201402,93497.406.19$18,167
Jan 201403,24490.404.86$15,768
Dec 201303,22391.824.35$14,034
Nov 20131742,90488.853.74$26,316
Oct 201303,25497.423.78$12,298
Sep 201303,246104.113.72$12,068
Aug 201303,358104.253.52$11,829
Jul 201303,611102.523.72$13,425
Jun 201303,89294.403.93$15,309
May 201303,28194.834.15$13,613
Apr 20131832,72793.964.28$28,873
Mar 201303,07793.623.91$12,040
Feb 201302,25891.233.42$7,722
Jan 2013182,87691.603.42$11,484
Dec 201203,21986.773.42$11,010
Nov 201202,93486.953.62$10,636
Oct 201203,49289.383.40$11,872
Sep 201204,44294.672.92$12,964
Aug 2012135,15892.662.91$16,205
Jul 201208385.133.02$251
Jun 2012058279.822.52$1,466
May 201201,23591.612.49$3,073
Apr 201202,369101.652.00$4,730
Mar 201202,974105.052.22$6,608
Feb 201202,362101.102.57$6,071
Jan 201202,36198.092.73$6,455
Dec 201103,02596.873.24$9,800
Nov 201103,28595.723.31$10,878
Oct 2011993,14584.983.65$19,888
Sep 201103,36583.623.99$13,412
Aug 201103,48583.404.15$14,460
Jul 201103,95894.144.52$17,879
Jun 201103,72992.904.64$17,302
May 201103,91498.134.40$17,240
Apr 201103,827105.964.33$16,583
Mar 201103,85396.364.06$15,633
Feb 201102,56585.644.18$10,722
Jan 201103,23286.504.59$14,831
Dec 201003,61285.734.35$15,704
Nov 201003,84280.843.80$14,582
Oct 201003,74678.103.51$13,144
Sep 201003,08372.633.98$12,269
Aug 201003,33873.684.42$14,752
Jul 201002,74072.554.74$12,978
Jun 201002,98170.364.91$14,638
May 201003,36571.124.24$14,252
Apr 201002,78481.694.12$11,478
Mar 201003,34878.394.39$14,693
Feb 201003,31173.585.44$18,020
Jan 201003,85474.365.96$22,986
Dec 200903,73571.445.48$20,482
Nov 200903,43874.593.75$12,898
Oct 200905,50772.544.11$22,635
Sep 200905,88965.543.06$18,048
Aug 200904,02667.423.22$12,958
Jul 2009078961.133.46$2,733
Jun 2009045166.163.90$1,757
May 2009059454.743.93$2,332
Apr 2009042946.773.59$1,539
Mar 2009047042.144.06$1,908
Feb 2009046032.814.63$2,131
Jan 2009090135.865.37$4,839
Dec 2008072437.105.98$4,327
Nov 2008076355.496.86$5,234
Oct 2008044775.246.92$3,094
Sep 20080338101.767.88$2,662
Aug 200802,562114.228.48$21,734
Jul 200804,428131.0811.39$50,432
Jun 200805,436131.3313.03$70,845
May 200803,243123.1711.57$37,535
Apr 20080528110.3110.45$5,520
Mar 20080231101.909.66$2,232
Feb 200802,93192.538.77$25,707
Jan 200802,72090.388.21$22,320
Dec 2007067388.337.30$4,914
Nov 200703,79791.677.29$27,687
Oct 200704,27282.856.92$29,571
Sep 200703,52675.846.24$22,017
Aug 20071764,93769.066.39$43,692
Jul 200701,67770.906.39$10,713
Jun 200703,38062.007.55$25,514
May 200701,97558.747.85$15,496
Apr 200701359.617.81$101
Mar 200701,23156.927.30$8,989
Feb 200703,26555.108.22$26,825
Jan 200702,42550.306.73$16,313
Dec 20061823,35956.656.92$33,549
Nov 200603,42154.207.62$26,059
Oct 200603,24954.906.01$19,539
Sep 200603,62060.085.04$18,235
Aug 200603,16568.717.34$23,231
Jul 200602,79069.376.34$17,696
Jun 200602,46766.286.38$15,749
May 200603,66666.016.42$23,554
Apr 200603,36564.397.36$24,768
Mar 200603,03456.707.08$21,490
Feb 200602,94657.597.75$22,835
Jan 200603,32860.598.93$29,730
Dec 200503,52954.9413.42$47,343
Nov 200503,28254.6910.59$34,751
Oct 200503,66758.3413.80$50,589
Sep 200503,75961.4512.08$45,405
Aug 200503,45761.519.80$33,868
Jul 200503,20055.697.84$25,100
Jun 200502,96852.337.38$21,907
May 200503,02845.226.65$20,140
Apr 200502,42349.207.36$17,834
Mar 200503,47650.377.15$24,870
Feb 200503,23745.226.31$20,432
Jan 200503,54743.166.32$22,425
Dec 20041933,57539.866.75$31,828
Nov 200403,58945.286.33$22,720
Oct 200403,52049.706.52$22,933
Sep 200404,19543.245.28$22,166
Aug 200403,79042.375.55$21,037
Jul 200403,71238.286.08$22,584
Jun 200403,63236.106.43$23,365
May 200403,58737.486.49$23,296
Apr 20041823,04134.475.86$24,089
Mar 200402,96034.365.53$16,369
Feb 200403,36532.455.51$18,540
Jan 200403,77532.036.30$23,781
Dec 200304,07830.266.30$25,698
Nov 200303,67128.804.60$16,869
Oct 200303,66628.174.76$17,449
Sep 200303,84626.314.75$18,266
Aug 200303,30729.765.13$16,964
Jul 200303,73929.415.17$19,334
Jun 20031783,71328.565.98$27,298
May 200304,53826.595.97$27,104
Apr 200304,21626.675.41$22,797
Mar 200304,41931.146.10$26,938
Feb 200303,89433.487.93$30,863
Jan 200314,80530.315.58$26,852
Dec 200204,59426.914.85$22,298
Nov 200205,03724.664.14$20,838
Oct 20021633,32526.464.23$18,375
Sep 200214,23927.443.64$15,437
Aug 200204,46425.963.16$14,125
Jul 200204,37124.583.06$13,383
Jun 200204,43223.733.34$14,795
May 20021804,78524.663.58$21,588
Apr 200204,72023.653.51$16,578
Mar 20021855,16922.003.10$20,108
Feb 200204,83818.222.38$11,494
Jan 200207,11317.172.38$16,898
Dec 200102,25316.932.36$5,327
Nov 200103,87518.072.41$9,321
Oct 200102,44719.782.53$6,188
Sep 2001104,08124.262.25$9,430
Aug 200104,65624.873.05$14,216
Jul 200105,01523.933.20$16,033
Jun 200104,11024.563.82$15,717
May 200104,93025.524.31$21,235
Apr 200105,00024.685.34$26,677
Mar 200105,19924.545.38$27,952
Feb 200104,62727.755.77$26,684
Jan 200105,06527.478.40$42,540
Dec 200005,69626.889.12$51,962
Nov 20001105,11732.215.66$32,495
Oct 200005,36931.235.15$27,626
Sep 200005,46831.875.19$28,360
Aug 200006,46829.644.54$29,370
Jul 200005,30028.534.09$21,676
Jun 20001906,29429.304.40$33,243
May 200006,59527.263.68$24,268
Apr 200006,46024.513.12$20,129
Mar 200003,73028.422.86$10,667
Feb 200004127.622.73$112
Jan 2000043625.272.48$1,082
Dec 199982,06324.282.42$5,194
Nov 199905,21223.192.43$12,686
Oct 199905,39420.982.80$15,123
Sep 199905,38621.752.62$14,105
Aug 19991975,89819.262.88$20,755
Jul 199906,41117.892.37$15,209
Jun 199906,08615.942.36$14,376
May 199984,66715.792.32$10,959
Apr 199905,45015.102.21$12,034
Mar 199905,59412.471.84$10,284
Feb 199904,8469.981.82$8,809
Jan 19991955,91710.381.90$13,266
Dec 199806,2769.201.77$11,129
Nov 199806,92910.892.19$15,145
Oct 199806,75712.421.97$13,306
Sep 199806,78512.592.08$14,131
Aug 19981926,56111.301.91$14,684
Jul 199807,24211.742.24$16,202
Jun 199806,67211.242.24$14,927
May 199806,57212.622.21$14,500
Apr 199806,28713.042.51$15,751
Mar 19981886,25612.802.31$16,854
Feb 199806,17713.952.30$14,202
Jan 199806,81914.702.15$14,694
Dec 199707,06116.322.41$17,025
Nov 1997107,17118.193.09$22,328
Oct 199706,55519.253.15$20,647
Sep 199706,46217.742.95$19,094
Aug 19971936,62617.862.55$20,375
Jul 199786,36917.582.25$14,451
Jun 199746,37817.242.26$14,465
May 199706,89818.972.31$15,924
Apr 199706,58717.882.08$13,719
Mar 199705,88918.951.94$11,420
Feb 19971926,77920.492.21$18,888
Jan 19971947,40923.483.54$30,781
Dec 199607,74323.32$0
Nov 199607,08521.97$0
Oct 19961976,64123.31$4,592
Sep 199608,17122.22$0
Aug 19961898,04120.26$3,829
Jul 199606,46119.55$0
Jun 199607,33218.73$0
May 19961908,06019.43$3,692
Apr 19961887,21221.51$4,044
Mar 199608,22319.38$0
Feb 199607,37016.98$0
Jan 19961926,88517.07$3,277
Dec 199507,88317.19$0
Nov 19951936,41916.00$3,088
Oct 199506,62415.43$0
Sep 19951817,01216.18$2,929
Aug 199507,23815.92$0
Jul 199506,94715.24$0
Jun 19951436,97616.41$2,347
May 1995106,52617.56$176
Apr 199526,13317.73$35
Mar 199507,76016.44$0
Feb 19951849,56616.58$3,051
Jan 199509,39815.92$0
Dec 199419011,07515.03$2,856
Nov 199418111,71415.90$2,878
Oct 1994011,85515.58$0
Sep 1994011,69415.29$0
Aug 199429512,26616.13$4,758
Jul 1994012,48317.56$0
Jun 199425312,50117.09$4,324
May 199437415,01815.88$5,939
Apr 1994015,57914.14$0
Mar 1994013,42412.46$0
Feb 19941249,08812.50$1,550
Jan 1994010,22812.66$0
Dec 199324810,73812.33$3,058
Nov 199319413,65714.49$2,811
Oct 199319313,65015.85$3,059
Sep 199317912,45915.03$2,690
Aug 1993114,77015.66$16
Jul 199317713,53315.46$2,736
Jun 1993010,84316.79$0
May 199319915,18517.68$3,518
Apr 1993115,44918.05$18
Mar 199319614,96218.14$3,555
Feb 199320714,82517.90$3,705
Jan 199320614,69816.93$3,488

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                   37 Mcf  × $  3.05 =       $113

────────────────────────────────────────────────────
Month total                                     $113

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/139928 is the state's own key, not one this site invented.