LEARD #1

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

Gas lease lease 147070District 06Field 783305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Sep 1993 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
393
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 188 leases and 188 wells, and the rule below applies to all of them.

Discovered
1975-11-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1999-07-27.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas111994-08-24129895
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
CondensateDisposition12,000 bbl$358,902
GasProduction1,297,132 Mcf$3,484,395
Total$3,843,298

477,287 Mcf of this lease's gas, across 39 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 32.7364, -95.0629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.73643, -95.06289 · 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
10,593 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 10,593 ft.

Completions filed
Sep 1993
1 of 1 wells

1 well

42-45930733310,593 ftSep 1993

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 (393)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

393 months

May 202601,273106.413.05$3,877
Apr 202601,22898.932.87$3,524
Mar 202601,26989.753.15$3,997
Feb 20261161,18563.503.75$11,810
Jan 202601,26159.138.00$10,085
Dec 202501,32556.664.41$5,848
Nov 202501,31058.593.93$5,144
Oct 202501,31059.383.30$4,329
Sep 202501,13762.743.08$3,498
Aug 202501,08463.933.01$3,268
Jul 202501,11566.743.32$3,696
Jun 202501,06866.483.13$3,341
May 202501,00460.553.23$3,245
Apr 2025092362.363.54$3,270
Mar 20251101,20967.704.27$12,607
Feb 202501,08370.884.34$4,701
Jan 202501,24474.324.28$5,323
Dec 202401,19468.993.12$3,727
Nov 202401,21869.052.20$2,678
Oct 202401,18071.372.28$2,692
Sep 202401,29569.612.36$3,062
Aug 202401,37875.632.06$2,844
Jul 202401,44579.932.15$3,102
Jun 202401,26278.082.63$3,324
May 2024901,35878.812.20$10,078
Apr 202401,12784.451.66$1,870
Mar 202401,12180.301.55$1,732
Feb 202401,07676.091.78$1,919
Jan 202401,03273.023.30$3,403
Dec 202301,15171.262.61$3,005
Nov 202301,16777.892.81$3,276
Oct 202301,24985.443.09$3,856
Sep 202301,13389.042.74$3,099
Aug 202301,27380.522.67$3,403
Jul 20237092174.852.64$7,673
Jun 202301,11468.962.26$2,516
May 2023781,12270.622.23$8,008
Apr 202301,04478.122.24$2,336
Mar 202301,09872.852.39$2,628
Feb 2023095675.112.47$2,357
Jan 202301,14876.533.39$3,889
Dec 202201,12976.415.73$6,468
Nov 202201,09385.005.65$6,171
Oct 202201,15487.185.86$6,767
Sep 202201,14584.888.16$9,347
Aug 202201,17594.529.13$10,724
Jul 202201,248101.587.54$9,413
Jun 202201,258115.097.98$10,035
May 202201,270109.378.43$10,710
Apr 202201,255104.226.84$8,581
Mar 202201,326108.885.08$6,731
Feb 202201,09691.054.86$5,325
Jan 202201,07081.844.54$4,855
Dec 202101,20671.323.90$4,702
Nov 202101,22277.435.24$6,399
Oct 202101,22379.795.71$6,988
Sep 20211511,23269.865.35$17,141
Aug 202101,27766.024.22$5,390
Jul 202101,30670.783.98$5,201
Jun 202101,26069.493.38$4,260
May 202101,41963.483.02$4,282
Apr 202101,27860.362.76$3,525
Mar 202101,24261.302.72$3,374
Feb 2021096857.805.55$5,370
Jan 202101,33850.412.81$3,760
Dec 202001,32144.642.68$3,534
Nov 202001,19538.772.71$3,234
Oct 202001,22736.972.48$3,041
Sep 202001,26537.091.99$2,519
Aug 202001,21739.982.39$2,903
Jul 202001,27738.371.83$2,331
Jun 202001,20434.901.69$2,035
May 202001,26516.921.81$2,296
Apr 20201261,27914.751.80$4,166
Mar 202001,30830.341.86$2,428
Feb 202001,21749.881.98$2,410
Jan 202001,32057.252.09$2,765
Dec 201901,26359.012.30$2,910
Nov 201901,22255.302.75$3,361
Oct 201901,28053.472.42$3,096
Sep 201901,28655.052.66$3,417
Aug 201901,21453.112.30$2,797
Jul 201901,20356.272.46$2,959
Jun 201901,17952.782.49$2,937
May 201901,20958.482.74$3,313
Apr 201901,12662.632.75$3,097
Mar 20191661,18756.803.06$13,064
Feb 201901,15350.852.79$3,219
Jan 201901,16846.033.23$3,771
Dec 201801,12946.594.19$4,725
Nov 201801,07352.934.24$4,547
Oct 201801,17661.443.40$3,996
Sep 201801,28959.543.11$4,006
Aug 201801,23959.403.07$3,799
Jul 201801,20165.142.93$3,521
Jun 201801,09460.183.08$3,366
May 201801,06165.382.90$3,078
Apr 201801,08863.842.90$3,156
Mar 201801,13061.222.79$3,149
Feb 2018095161.782.77$2,631
Jan 201801,01162.874.01$4,053
Dec 201701,09757.272.92$3,205
Nov 201701,04955.423.12$3,271
Oct 201701,06849.292.98$3,187
Sep 201716697647.523.09$10,902
Aug 2017099245.373.00$2,980
Jul 2017095843.873.09$2,958
Jun 2017085342.493.09$2,633
May 2017091645.373.26$2,989
Apr 2017088547.933.21$2,842
Mar 2017086446.772.98$2,578
Feb 2017074950.452.95$2,212
Jan 2017085749.413.42$2,930
Dec 2016082448.763.72$3,068
Nov 2016084042.492.64$2,221
Oct 2016087646.193.09$2,707
Sep 2016084341.553.10$2,614
Aug 2016088441.442.92$2,585
Jul 2016088341.622.92$2,582
Jun 2016077045.352.69$2,068
May 2016074542.521.99$1,483
Apr 2016072636.561.99$1,446
Mar 2016079333.011.79$1,423
Feb 201616678726.472.06$6,018
Jan 2016076027.352.36$1,797
Dec 2015075732.362.00$1,515
Nov 2015078138.792.17$1,693
Oct 2015074143.552.43$1,798
Sep 2015083142.992.76$2,292
Aug 2015089040.162.87$2,557
Jul 2015092148.152.95$2,712
Jun 2015082956.152.88$2,390
May 2015068455.212.96$2,022
Apr 2015066449.822.71$1,797
Mar 2015058342.892.93$1,711
Feb 2015051344.662.98$1,527
Jan 2015059743.433.10$1,851
Dec 2014063254.693.59$2,270
Nov 2014058270.464.25$2,475
Oct 2014066878.303.90$2,606
Sep 2014055086.164.05$2,225
Aug 2014059889.394.04$2,413
Jul 2014057896.564.18$2,416
Jun 2014022398.164.74$1,056
May 2014020894.734.73$983
Apr 2014017695.944.81$846
Mar 2014315995.895.06$1,092
Feb 201407697.406.19$471
Jan 201403790.404.86$180
Dec 201302991.824.35$126
Nov 201309088.853.74$336
Oct 2013021697.423.78$816
Sep 20130165104.113.72$613
Aug 20130125104.253.52$440
Jul 2013020102.523.72$74
Jun 20130094.403.93$0
May 2013064394.834.15$2,668
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20121185.133.02$88
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20121218198.092.73$12,090
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201102,13384.983.65$7,782
Sep 201102,08283.623.99$8,298
Aug 201102,38283.404.15$9,884
Jul 201102,57094.144.52$11,609
Jun 201102,41492.904.64$11,201
May 201102,22998.134.40$9,818
Apr 20111382,149105.964.33$23,935
Mar 201102,32596.364.06$9,433
Feb 201102,49585.644.18$10,429
Jan 201102,42886.504.59$11,142
Dec 201002,26085.734.35$9,826
Nov 201002,55080.843.80$9,678
Oct 201002,40978.103.51$8,453
Sep 20101592,20972.633.98$20,339
Aug 201002,65773.684.42$11,742
Jul 201002,50072.554.74$11,841
Jun 201003,44970.364.91$16,936
May 201002,56071.124.24$10,842
Apr 201002,41481.694.12$9,952
Mar 20101712,04478.394.39$22,375
Feb 201002,18373.585.44$11,881
Jan 201002,54574.365.96$15,179
Dec 200902,71671.445.48$14,894
Nov 200902,47474.593.75$9,281
Oct 200902,83072.544.11$11,632
Sep 200902,90365.543.06$8,897
Aug 200902,97467.423.22$9,572
Jul 200902,94261.133.46$10,193
Jun 20091882,67366.163.90$22,849
May 200902,51054.743.93$9,854
Apr 200902,72046.773.59$9,758
Mar 200902,80642.144.06$11,390
Feb 200902,50032.814.63$11,583
Jan 200903,09935.865.37$16,645
Dec 200803,24737.105.98$19,408
Nov 20081732,64255.496.86$27,725
Oct 200802,90075.246.92$20,074
Sep 200802,471101.767.88$19,464
Aug 200802,849114.228.48$24,168
Jul 200802,940131.0811.39$33,485
Jun 200802,507131.3313.03$32,673
May 200802,951123.1711.57$34,156
Apr 200802,627110.3110.45$27,465
Mar 200802,536101.909.66$24,508
Feb 200802,61392.538.77$22,918
Jan 20081772,85390.388.21$39,408
Dec 200723,13888.337.30$23,090
Nov 200702,87491.677.29$20,956
Oct 200712,67582.856.92$18,599
Sep 200702,45475.846.24$15,323
Aug 200703,11169.066.39$19,873
Jul 200722,43770.906.39$15,709
Jun 200702,54362.007.55$19,196
May 200702,58058.747.85$20,243
Apr 200702,71059.617.81$21,152
Mar 2007933,35056.927.30$29,755
Feb 200702,16155.108.22$17,755
Jan 200702,88350.306.73$19,394
Dec 20061782,56156.656.92$27,802
Nov 200612,71454.207.62$20,728
Oct 200602,73354.906.01$16,436
Sep 200602,80860.085.04$14,144
Aug 200602,08668.717.34$15,311
Jul 200602,48569.376.34$15,762
Jun 200602,10866.286.38$13,457
May 200601,82166.016.42$11,700
Apr 20061882,62964.397.36$31,456
Mar 200602,76956.707.08$19,613
Feb 200602,19957.597.75$17,045
Jan 200602,50660.598.93$22,387
Dec 200522,83954.9413.42$38,196
Nov 200502,61854.6910.59$27,720
Oct 200502,55058.3413.80$35,179
Sep 200502,54961.4512.08$30,789
Aug 200512,64461.519.80$25,964
Jul 200502,92255.697.84$22,919
Jun 200502,42352.337.38$17,884
May 20051752,36545.226.65$23,643
Apr 200503,00049.207.36$22,081
Mar 200503,29850.377.15$23,597
Feb 200503,01745.226.31$19,043
Jan 200503,80243.166.32$24,037
Dec 200403,61939.866.75$24,432
Nov 20041753,65945.286.33$31,087
Oct 200402,86049.706.52$18,633
Sep 200403,62343.245.28$19,144
Aug 200402,27942.375.55$12,650
Jul 200402,94538.286.08$17,918
Jun 200403,12936.106.43$20,129
May 200403,18237.486.49$20,666
Apr 20041763,41334.475.86$26,062
Mar 200403,63234.365.53$20,085
Feb 200402,99732.455.51$16,512
Jan 200403,48632.036.30$21,961
Dec 200303,60530.266.30$22,717
Nov 20031613,34228.804.60$19,994
Oct 200303,43828.174.76$16,364
Sep 200303,36726.314.75$15,991
Aug 200303,38829.765.13$17,379
Jul 20031413,64729.415.17$23,005
Jun 200303,93528.565.98$23,543
May 200304,28126.595.97$25,569
Apr 200303,85526.675.41$20,845
Mar 200303,94431.146.10$24,043
Feb 20031703,79333.487.93$35,754
Jan 200304,37330.315.58$24,410
Dec 200204,28026.914.85$20,774
Nov 200204,09124.664.14$16,924
Oct 200202,90726.464.23$12,294
Sep 20021513,51527.443.64$16,921
Aug 200204,15625.963.16$13,150
Jul 200204,13824.583.06$12,670
Jun 200203,95223.733.34$13,193
May 20021643,70324.663.58$17,316
Apr 200203,42123.653.51$12,016
Mar 200204,17022.003.10$12,938
Feb 200203,78918.222.38$9,001
Jan 20021913,59617.172.38$11,822
Dec 200103,88416.932.36$9,183
Nov 200104,18118.072.41$10,057
Oct 200103,79119.782.53$9,587
Sep 200103,91224.262.25$8,807
Aug 200103,36624.873.05$10,277
Jul 20011853,49823.933.20$15,610
Jun 200103,21024.563.82$12,276
May 200104,37925.524.31$18,862
Apr 200102,62124.685.34$13,984
Mar 200103,64824.545.38$19,613
Feb 200103,22827.755.77$18,616
Jan 20011802,74227.478.40$27,974
Dec 200003,60026.889.12$32,841
Nov 200002,61332.215.66$14,784
Oct 200003,86031.235.15$19,862
Sep 200003,01431.875.19$15,632
Aug 200003,67429.644.54$16,683
Jul 20001833,77028.534.09$20,639
Jun 200003,47229.304.40$15,267
May 200004,23927.263.68$15,598
Apr 200003,51124.513.12$10,940
Mar 200004,68928.422.86$13,409
Feb 200004,30127.622.73$11,727
Jan 200004,42025.272.48$10,964
Dec 19991804,45824.282.42$15,175
Nov 199904,69323.192.43$11,423
Oct 199904,36920.982.80$12,249
Sep 199904,24921.752.62$11,127
Aug 199905,67719.262.88$16,325
Jul 199906,13317.892.37$14,550
Jun 199906,58015.942.36$15,543
May 19991846,16115.792.32$17,205
Apr 199905,13715.102.21$11,343
Mar 199905,36112.471.84$9,855
Feb 19992084,6419.981.82$10,512
Jan 199906,26310.381.90$11,899
Dec 199806,3749.201.77$11,303
Nov 199804,81210.892.19$10,518
Oct 199805,21012.421.97$10,260
Sep 199805,93012.592.08$12,350
Aug 1998816,99011.301.91$14,248
Jul 199806,09911.742.24$13,645
Jun 199807,21911.242.24$16,151
May 199806,82412.622.21$15,056
Apr 19981495,63513.042.51$16,060
Mar 199807,18812.802.31$16,600
Feb 199806,34213.952.30$14,581
Jan 1998986,31814.702.15$15,055
Dec 199706,75316.322.41$16,282
Nov 1997836,41218.193.09$21,312
Oct 199707,53719.253.15$23,740
Sep 199708,00117.742.95$23,642
Aug 19976710,06217.862.55$26,902
Jul 1997425,39517.582.25$12,861
Jun 199706,80017.242.26$15,349
May 19971008,30218.972.31$21,062
Apr 199707,73817.882.08$16,117
Mar 1997608,81118.951.94$18,223
Feb 1997908,58220.492.21$20,775
Jan 19971528,07423.483.54$32,149
Dec 199607,16823.32$0
Nov 199608,30021.97$0
Oct 19961024,83523.31$2,378
Sep 199603,66522.22$0
Aug 199605,89520.26$0
Jul 199608,26619.55$0
Jun 19961697,97618.73$3,165
May 199619,11019.43$19
Apr 19961887,79921.51$4,044
Mar 199608,92119.38$0
Feb 199618,80216.98$17
Jan 199628,96217.07$34
Dec 19951888,88917.19$3,232
Nov 199509,33616.00$0
Oct 199518510,03315.43$2,855
Sep 199529,69816.18$32
Aug 1995210,06115.92$32
Jul 199517810,23715.24$2,713
Jun 1995110,07916.41$16
May 19952008,11817.56$3,512
Apr 1995210,33017.73$35
Mar 199518511,53316.44$3,041
Feb 1995010,10816.58$0
Jan 1995211,44015.92$32
Dec 199419011,39415.03$2,856
Nov 1994011,61915.90$0
Oct 199420012,65215.58$3,116
Sep 199418313,37715.29$2,798
Aug 1994415,39116.13$65
Jul 199417913,52617.56$3,143
Jun 199418111,97517.09$3,093
May 199419413,38415.88$3,081
Apr 199419114,17014.14$2,701
Mar 199439116,65112.46$4,872
Feb 199419916,99112.50$2,488
Jan 199438021,01112.66$4,811
Dec 199337025,64312.33$4,562
Nov 199377934,29914.49$11,288
Oct 199376735,64315.85$12,157
Sep 19930015.03$0

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                1,273 Mcf  × $  3.05 =     $3,877

────────────────────────────────────────────────────
Month total                                   $3,877

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/147070 is the state's own key, not one this site invented.