SPEAR

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 142911District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$28 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 Gas221992-12-26 – 1999-02-192 dockets
NGPA2none

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
CondensateDisposition17,036 bbl$641,256
GasProduction1,408,655 Mcf$4,205,401
Total$4,846,657

346,124 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 32.5923, -94.7411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59233, -94.74109 · 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
10,982 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 10,982 ft.

Completions filed
Apr 1998
1 of 1 wells

1 well

42-18330923210,982 ftApr 1998

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 20265098.932.87$495
Mar 2026027889.753.15$876
Feb 20261730663.503.75$2,227
Jan 2026045559.138.00$3,639
Dec 2025101,13356.664.41$5,567
Nov 2025065358.593.93$2,564
Oct 2025883159.383.30$3,221
Sep 2025646862.743.08$1,816
Aug 2025177063.933.01$2,385
Jul 202511,00266.743.32$3,389
Jun 2025064266.483.13$2,009
May 2025155460.553.23$1,851
Apr 20252062.363.54$125
Mar 2025157767.704.27$2,531
Feb 2025263970.884.34$2,916
Jan 2025170374.324.28$3,082
Dec 2024038868.993.12$1,211
Nov 2024269969.052.20$1,675
Oct 2024176971.372.28$1,826
Sep 2024163369.612.36$1,566
Aug 2024348675.632.06$1,230
Jul 2024567379.932.15$1,844
Jun 2024347078.082.63$1,472
May 2024258778.812.20$1,448
Apr 2024582284.451.66$1,786
Mar 2024562080.301.55$1,359
Feb 2024101,05476.091.78$2,641
Jan 2024070073.023.30$2,308
Dec 2023111,11771.262.61$3,700
Nov 202331,01077.892.81$3,069
Oct 2023022385.443.09$688
Sep 20232166889.042.74$3,697
Aug 2023221,22580.522.67$5,046
Jul 202326074.852.64$1,946
Jun 2023032468.962.26$732
May 2023182470.622.23$1,906
Apr 2023577778.122.24$2,129
Mar 20231688872.852.39$3,291
Feb 20231781475.112.47$3,284
Jan 20234836176.533.39$4,896
Dec 2022089076.415.73$5,099
Nov 20221267885.005.65$4,848
Oct 20224280887.185.86$8,399
Sep 2022072184.888.16$5,886
Aug 2022671,25494.529.13$17,778
Jul 20220725101.587.54$5,468
Jun 202229568115.097.98$7,869
May 202222714109.378.43$8,427
Apr 202233585104.226.84$7,439
Mar 202291573108.885.08$12,817
Feb 20225045591.054.86$6,763
Jan 2022054381.844.54$2,464
Dec 20214153271.323.90$4,998
Nov 20217959777.435.24$9,243
Oct 20211264179.795.71$4,620
Sep 2021065669.865.35$3,510
Aug 20213584966.024.22$5,894
Jul 20212768970.783.98$4,655
Jun 20213018269.493.38$2,700
May 2021040563.483.02$1,222
Apr 20211101,61760.362.76$11,100
Mar 20215493561.302.72$5,851
Feb 202101,40357.805.55$7,784
Jan 2021822,37350.412.81$10,802
Dec 2020402,40844.642.68$8,228
Nov 2020442,33838.772.71$8,034
Oct 2020462,30936.972.48$7,423
Sep 2020491,58937.091.99$4,981
Aug 2020522,18739.982.39$7,295
Jul 2020514,95538.371.83$11,000
Jun 2020492,74634.901.69$6,352
May 2020503,11916.921.81$6,506
Apr 2020422,63914.751.80$5,381
Mar 2020482,63930.341.86$6,355
Feb 2020382,86049.881.98$7,560
Jan 202003,66357.252.09$7,673
Dec 2019692,76459.012.30$10,441
Nov 201902,98355.302.75$8,205
Oct 201903,02153.472.42$7,306
Sep 201903,23855.052.66$8,604
Aug 201903,40753.112.30$7,851
Jul 201903,33956.272.46$8,214
Jun 201904,08052.782.49$10,164
May 201901,69858.482.74$4,653
Apr 201903,23862.632.75$8,907
Mar 201903,80656.803.06$11,654
Feb 201903,63550.852.79$10,150
Jan 201904,08946.033.23$13,200
Dec 201804,54446.594.19$19,019
Nov 201805,04352.934.24$21,368
Oct 201804,46861.443.40$15,183
Sep 201802,48259.543.11$7,714
Aug 201803,10259.403.07$9,512
Jul 201804,48265.142.93$13,141
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201801,30163.842.90$3,774
Mar 201803,33661.222.79$9,297
Feb 201803,09661.782.77$8,564
Jan 201803,25262.874.01$13,038
Dec 201703,73957.272.92$10,924
Nov 201703,12155.423.12$9,732
Oct 201703,69649.292.98$11,028
Sep 201703,52147.523.09$10,870
Aug 201703,82845.373.00$11,501
Jul 201703,83243.873.09$11,830
Jun 201704,63942.493.09$14,322
May 201703,05245.373.26$9,960
Apr 201705,13447.933.21$16,488
Mar 201706,83046.772.98$20,379
Feb 20170050.452.95$0
Jan 20171781,64649.413.42$14,422
Dec 201602,97348.763.72$11,068
Nov 201604,75842.492.64$12,582
Oct 201604,62246.193.09$14,283
Sep 201601,04441.553.10$3,237
Aug 201601,44141.442.92$4,214
Jul 201601,81041.622.92$5,293
Jun 2016086445.352.69$2,321
May 2016088742.521.99$1,766
Apr 201601,44336.561.99$2,873
Mar 201601,44233.011.79$2,587
Feb 20160026.472.06$0
Jan 2016087427.352.36$2,066
Dec 201501,34732.362.00$2,696
Nov 201504,66738.792.17$10,115
Oct 201506,93043.552.43$16,816
Sep 201503,52542.992.76$9,723
Aug 20151706,44540.162.87$25,340
Jul 201506,64348.152.95$19,564
Jun 201506,69856.152.88$19,309
May 201504,11855.212.96$12,171
Apr 201505,53549.822.71$14,981
Mar 201505,57142.892.93$16,349
Feb 201505,36244.662.98$15,958
Jan 20151736,15543.433.10$26,598
Dec 201406,30654.693.59$22,647
Nov 201406,56170.464.25$27,896
Oct 201407,45778.303.90$29,089
Sep 201407,63486.164.05$30,883
Aug 201408,85789.394.04$35,739
Jul 2014010,02596.564.18$41,900
Jun 201417110,32998.164.74$65,713
May 2014012,31894.734.73$58,222
Apr 201401,12695.944.81$5,415
Mar 201401,03395.895.06$5,224
Feb 201401997.406.19$118
Jan 2014092890.404.86$4,511
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013044097.423.78$1,663
Sep 201300104.113.72$0
Aug 20130265104.253.52$933
Jul 20130206102.523.72$766
Jun 2013047394.403.93$1,861
May 20130094.834.15$0
Apr 2013014993.964.28$638
Mar 2013028693.623.91$1,119
Feb 201317828391.233.42$17,207
Jan 2013454191.603.42$2,217
Dec 2012065186.773.42$2,227
Nov 2012087386.953.62$3,165
Oct 201201,69289.383.40$5,752
Sep 201201,84594.672.92$5,384
Aug 201261,96892.662.91$6,279
Jul 201202,24285.133.02$6,773
Jun 20121661,36079.822.52$16,676
May 201221,98391.612.49$5,118
Apr 201201,647101.652.00$3,289
Mar 201202,170105.052.22$4,822
Feb 20121591,600101.102.57$20,187
Jan 201201,85298.092.73$5,064
Dec 201101,96396.873.24$6,360
Nov 201101,86895.723.31$6,185
Oct 201102,38584.983.65$8,702
Sep 201101,82083.623.99$7,254
Aug 20111452,02783.404.15$20,504
Jul 201102,18494.144.52$9,866
Jun 201101,94292.904.64$9,011
May 201102,10598.134.40$9,272
Apr 20111642,312105.964.33$27,396
Mar 201102,37396.364.06$9,628
Feb 201102,28485.644.18$9,547
Jan 201112,05486.504.59$9,512
Dec 201002,35885.734.35$10,252
Nov 20101552,54680.843.80$22,193
Oct 201012,69478.103.51$9,531
Sep 201001,37072.633.98$5,452
Aug 201002,28473.684.42$10,094
Jul 20101462,60372.554.74$22,921
Jun 201002,11570.364.91$10,386
May 201002,20971.124.24$9,356
Apr 201002,46681.694.12$10,167
Mar 20101452,84478.394.39$23,848
Feb 20101563,08273.585.44$28,252
Jan 201003,22074.365.96$19,204
Dec 200903,23971.445.48$17,762
Nov 200903,01674.593.75$11,315
Oct 200902,35772.544.11$9,688
Sep 200902,39965.543.06$7,352
Aug 200902,61467.423.22$8,413
Jul 20091593,12261.133.46$20,536
Jun 2009282,30066.163.90$10,811
May 200902,27954.743.93$8,947
Apr 200901,95246.773.59$7,003
Mar 200902,19142.144.06$8,893
Feb 200912,81232.814.63$13,061
Jan 200902,15435.865.37$11,569
Dec 200817895537.105.98$12,312
Nov 200801,99655.496.86$13,693
Oct 200801,72175.246.92$11,913
Sep 200822,747101.767.88$21,842
Aug 200821,724114.228.48$14,853
Jul 200802,815131.0811.39$32,061
Jun 20081772,209131.3313.03$52,034
May 200803,138123.1711.57$36,320
Apr 200801,614110.3110.45$16,874
Mar 20081632,797101.909.66$43,640
Feb 200801,85492.538.77$16,261
Jan 200802,36990.388.21$19,439
Dec 200702,64588.337.30$19,314
Nov 200702,01291.677.29$14,671
Oct 200712,08482.856.92$14,508
Sep 200732,39275.846.24$15,164
Aug 20071762,75369.066.39$29,741
Jul 200714,23470.906.39$27,117
Jun 200701,47062.007.55$11,096
May 200702,35658.747.85$18,486
Apr 20071781,88859.617.81$25,347
Mar 200711,32556.927.30$9,732
Feb 200703,04155.108.22$24,985
Jan 200701,84250.306.73$12,391
Dec 200602,29656.656.92$15,885
Nov 200621,94154.207.62$14,894
Oct 20061852,00054.906.01$22,184
Sep 200601,50960.085.04$7,601
Aug 200601,67468.717.34$12,287
Jul 200601,52969.376.34$9,698
Jun 200601,14766.286.38$7,322
May 200601,36966.016.42$8,796
Apr 20061541,34964.397.36$19,845
Mar 200602,00856.707.08$14,223
Feb 200622,32757.597.75$18,152
Jan 2006142,73960.598.93$25,317
Dec 20051923,12254.9413.42$52,431
Nov 2005113,54354.6910.59$38,116
Oct 200503,61158.3413.80$49,816
Sep 20051752,54561.4512.08$41,495
Aug 2005111,98461.519.80$20,114
Jul 2005131,98655.697.84$16,301
Jun 20051822,37652.337.38$27,061
May 200502,66245.226.65$17,705
Apr 200523,45449.207.36$25,522
Mar 20051723,89450.377.15$36,525
Feb 200513,82845.226.31$24,207
Jan 200544,48543.166.32$28,528
Dec 200403,75039.866.75$25,317
Nov 20041724,26545.286.33$34,787
Oct 200424,32149.706.52$28,251
Sep 200464,21043.245.28$22,505
Aug 20041744,76642.375.55$33,827
Jul 200444,78338.286.08$29,254
Jun 20041785,04736.106.43$38,893
May 200404,74237.486.49$30,797
Apr 20041364,00934.475.86$28,174
Mar 200463,01134.365.53$16,857
Feb 200432,09932.455.51$11,662
Jan 20041213,31532.036.30$24,759
Dec 2003104,02430.266.30$25,660
Nov 200343,51628.804.60$16,272
Oct 20031303,33028.174.76$19,512
Sep 200301,97826.314.75$9,394
Aug 20031682,26829.765.13$16,634
Jul 2003192,32329.415.17$12,571
Jun 2003972,19128.565.98$15,879
May 200302,45526.595.97$14,663
Apr 20031534,12926.675.41$26,407
Mar 200395,50531.146.10$33,839
Feb 2003594,55033.487.93$38,038
Jan 20031694,74130.315.58$31,587
Dec 200293,50126.914.85$17,235
Nov 200264,93424.664.14$20,560
Oct 20021303,07026.464.23$16,423
Sep 2002123,53427.443.64$13,176
Aug 200242,68725.963.16$8,606
Jul 20021873,57324.583.06$15,536
Jun 2002103,38323.733.34$11,531
May 20021794,38224.663.58$20,119
Apr 200204,11923.653.51$14,467
Mar 20021813,31522.003.10$14,268
Feb 200202,97718.222.38$7,072
Jan 20021192,87917.172.38$8,883
Dec 200103,49216.932.36$8,256
Nov 20011202,89318.072.41$9,128
Oct 200103,37619.782.53$8,538
Sep 20011673,41824.262.25$11,746
Aug 2001113,39424.873.05$10,636
Jul 20011573,72723.933.20$15,673
Jun 20011163,49924.563.82$16,230
May 200173,61925.524.31$15,767
Apr 20011163,05124.685.34$19,141
Mar 20011743,35424.545.38$22,303
Feb 200102,38427.755.77$13,749
Jan 200143,42327.478.40$28,859
Dec 20001874,79626.889.12$48,778
Nov 200075,44632.215.66$31,039
Oct 20001236,07331.235.15$35,090
Sep 20001114,60231.875.19$27,406
Aug 20001635,87829.644.54$31,522
Jul 200033,41128.534.09$14,036
Jun 2000714,83629.304.40$23,345
May 20001056,14527.263.68$25,474
Apr 20001313,50924.513.12$14,145
Mar 20001503,64128.422.86$14,675
Feb 200034,01227.622.73$11,022
Jan 20001014,12725.272.48$12,789
Dec 199933,18824.282.42$7,800
Nov 19991714,50023.192.43$14,918
Oct 199904,39120.982.80$12,311
Sep 19991784,21321.752.62$14,905
Aug 199965,01219.262.88$14,528
Jul 19991424,78717.892.37$13,897
Jun 199924,99615.942.36$11,833
May 19991784,86815.792.32$14,109
Apr 199954,90015.102.21$10,895
Mar 19991845,04512.471.84$11,569
Feb 199984,9169.981.82$9,016
Jan 19991725,91910.381.90$13,031
Dec 1998116,5929.201.77$11,791
Nov 19981408,57210.892.19$20,261
Oct 19983199,73112.421.97$23,124
Sep 199810610,82112.592.08$23,871
Aug 199816912,70511.301.91$26,143
Jul 199828816,79211.742.24$40,949
Jun 199825919,72211.242.24$47,035
May 199858028,26712.622.21$69,686
Apr 199812428,52813.042.51$73,089
Mar 1998892,55812.802.31$7,047
Feb 199804,20213.952.30$9,661
Jan 1998464,61314.702.15$10,616
Dec 199705,06916.322.41$12,222
Nov 1997995,10818.193.09$17,576
Oct 199703,77919.253.15$11,903
Sep 1997474,27617.742.95$13,469
Aug 199703,54817.862.55$9,064
Jul 1997603,70717.582.25$9,384
Jun 199703,28917.242.26$7,424
May 1997595,17618.972.31$13,068
Apr 199705,26617.882.08$10,968
Mar 1997553,26918.951.94$7,381
Feb 1997513,94420.492.21$9,745
Jan 199703,86923.483.54$13,695
Dec 1996484,59423.32$1,119
Nov 199604,62921.97$0
Oct 1996523,32523.31$1,212
Sep 199604,91922.22$0
Aug 1996534,95520.26$1,074
Jul 199603,42619.55$0
Jun 1996484,30818.73$899
May 1996494,72519.43$952
Apr 1996514,04721.51$1,097
Mar 199605,16919.38$0
Feb 1996535,26416.98$900
Jan 1996535,18017.07$905
Dec 199505,59617.19$0
Nov 19951005,18916.00$1,600
Oct 1995575,74915.43$880
Sep 199507,45116.18$0
Aug 1995896,62915.92$1,417
Jul 1995496,94615.24$747
Jun 1995606,32016.41$985
May 1995465,62817.56$808
Apr 1995585,81017.73$1,028
Mar 1995817,52916.44$1,332
Feb 19951004,95116.58$1,658
Jan 199504,69315.92$0
Dec 19941525,94015.03$2,285
Nov 199406,80715.90$0
Oct 1994596,77315.58$919
Sep 1994587,80415.29$887
Aug 1994517,13316.13$823
Jul 19941178,54717.56$2,055
Jun 199416,44917.09$17
May 19941179,60215.88$1,858
Apr 19946211,01414.14$877
Mar 19941127,57212.46$1,396
Feb 1994537,39312.50$663
Jan 1994957,71812.66$1,203
Dec 1993428,62512.33$518
Nov 1993588,71714.49$840
Oct 1993949,07215.85$1,490
Sep 1993508,87815.03$752
Aug 1993669,37615.66$1,034
Jul 1993529,81015.46$804
Jun 19931479,55616.79$2,468
May 199311310,92917.68$1,998
Apr 19935012,14218.05$903
Mar 19939812,08118.14$1,778
Feb 199321812,24917.90$3,902
Jan 199312314,90516.93$2,082

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             5 bbl  × $ 98.93 =       $495
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                     $495

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/142911 is the state's own key, not one this site invented.