LEVERETT

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

Gas lease lease 149752District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.4 M
May 1994 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
385
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas111994-09-08130414
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
CondensateDisposition18,375 bbl$791,024
GasProduction1,805,346 Mcf$4,655,476
Total$5,446,500

693,128 Mcf of this lease's gas, across 30 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 32.2719, -94.8909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27187, -94.89087 · 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
11,130 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 11,130 ft.

Completions filed
May 1994
1 of 1 wells

1 well

42-40132473111,130 ftMay 1994

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 (385)

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

385 months

May 20260416106.413.05$1,267
Apr 2026035198.932.87$1,007
Mar 2026029789.753.15$935
Feb 2026021963.503.75$821
Jan 20260059.138.00$0
Dec 202509156.664.41$402
Nov 2025095858.593.93$3,762
Oct 202511,60359.383.30$5,357
Sep 202502,02562.743.08$6,231
Aug 202502,04163.933.01$6,153
Jul 202501,31666.743.32$4,363
Jun 202501,58566.483.13$4,959
May 202502,29560.553.23$7,418
Apr 202501,83362.363.54$6,495
Mar 202502,42867.704.27$10,363
Feb 202501,68970.884.34$7,332
Jan 202501,79274.324.28$7,667
Dec 2024079868.993.12$2,491
Nov 2024083369.052.20$1,831
Oct 202401,16371.372.28$2,653
Sep 2024085369.612.36$2,017
Aug 202401,48475.632.06$3,062
Jul 2024074979.932.15$1,608
Jun 2024066578.082.63$1,752
May 2024024278.812.20$532
Apr 2024023584.451.66$390
Mar 2024071980.301.55$1,111
Feb 202401,83676.091.78$3,275
Jan 2024052073.023.30$1,715
Dec 202301,42971.262.61$3,731
Nov 2023080077.892.81$2,246
Oct 2023074585.443.09$2,300
Sep 2023068289.042.74$1,865
Aug 2023071280.522.67$1,903
Jul 202301,04874.852.64$2,769
Jun 2023031468.962.26$709
May 2023099070.622.23$2,205
Apr 202301,80878.122.24$4,046
Mar 202302,51372.852.39$6,014
Feb 202301,77375.112.47$4,372
Jan 202301,23976.533.39$4,197
Dec 2022082276.415.73$4,709
Nov 2022056885.005.65$3,207
Oct 202201,52887.185.86$8,960
Sep 202201,97184.888.16$16,091
Aug 202201,50794.529.13$13,755
Jul 202202,193101.587.54$16,540
Jun 202202,190115.097.98$17,470
May 202202,216109.378.43$18,688
Apr 202202,438104.226.84$16,670
Mar 202202,432108.885.08$12,346
Feb 202202,26191.054.86$10,986
Jan 202201,48981.844.54$6,757
Dec 202102,23671.323.90$8,718
Nov 202101,83277.435.24$9,594
Oct 202102,38979.795.71$13,650
Sep 202102,31769.865.35$12,398
Aug 202102,48166.024.22$10,471
Jul 202102,47570.783.98$9,856
Jun 202101,95069.493.38$6,592
May 202101,83163.483.02$5,525
Apr 202101,90960.362.76$5,266
Mar 202101,08761.302.72$2,953
Feb 202102,03957.805.55$11,312
Jan 202103,00150.412.81$8,434
Dec 2020038044.642.68$1,017
Nov 2020022538.772.71$609
Oct 2020018936.972.48$468
Sep 2020011937.091.99$237
Aug 202001,46039.982.39$3,482
Jul 202001,67238.371.83$3,052
Jun 202001,65034.901.69$2,789
May 202001,63416.921.81$2,965
Apr 202001,56914.751.80$2,831
Mar 202001,66230.341.86$3,085
Feb 202001,64149.881.98$3,250
Jan 202001,58157.252.09$3,312
Dec 201901,64359.012.30$3,786
Nov 201901,56655.302.75$4,308
Oct 201901,44953.472.42$3,504
Sep 201901,67555.052.66$4,451
Aug 201901,65053.112.30$3,802
Jul 201901,46456.272.46$3,602
Jun 201901,76952.782.49$4,407
May 201901,88358.482.74$5,160
Apr 201901,91062.632.75$5,254
Mar 201902,00056.803.06$6,124
Feb 201901,67050.852.79$4,663
Jan 201901,58846.033.23$5,126
Dec 201801,53546.594.19$6,425
Nov 201801,59452.934.24$6,754
Oct 201801,57461.443.40$5,349
Sep 201801,55359.543.11$4,827
Aug 201801,69359.403.07$5,192
Jul 201801,98065.142.93$5,805
Jun 201801,82160.183.08$5,603
May 201801,67765.382.90$4,865
Apr 201801,72163.842.90$4,992
Mar 201801,81361.222.79$5,053
Feb 201801,80261.782.77$4,985
Jan 201801,83162.874.01$7,341
Dec 201701,99657.272.92$5,831
Nov 201701,77855.423.12$5,544
Oct 201702,11849.292.98$6,319
Sep 201701,84847.523.09$5,705
Aug 201701,85045.373.00$5,558
Jul 201702,20643.873.09$6,811
Jun 201702,34342.493.09$7,234
May 201702,97345.373.26$9,702
Apr 201702,44147.933.21$7,840
Mar 201703,39446.772.98$10,127
Feb 201702,07550.452.95$6,127
Jan 201701,87149.413.42$6,397
Dec 201601,81248.763.72$6,746
Nov 201601,75342.492.64$4,636
Oct 201601,90146.193.09$5,875
Sep 201601,76441.553.10$5,470
Aug 201601,86741.442.92$5,460
Jul 201601,73041.622.92$5,059
Jun 201601,92045.352.69$5,157
May 201602,59442.521.99$5,165
Apr 2016020236.561.99$402
Mar 201602,26333.011.79$4,060
Feb 201601,78026.472.06$3,673
Jan 201602,08627.352.36$4,932
Dec 201501,52132.362.00$3,044
Nov 201501,68038.792.17$3,641
Oct 201501,87543.552.43$4,550
Sep 201501,82142.992.76$5,023
Aug 201501,85240.162.87$5,320
Jul 201502,24248.152.95$6,603
Jun 201512,09156.152.88$6,084
May 201542,00355.212.96$6,141
Apr 20151011,84449.822.71$10,023
Mar 2015731,84342.892.93$8,540
Feb 2015491,77444.662.98$7,468
Jan 2015731,69143.433.10$8,414
Dec 2014492,37054.693.59$11,191
Nov 2014461,40370.464.25$9,206
Oct 2014482,18278.303.90$12,270
Sep 2014481,95786.164.05$12,053
Aug 2014722,04289.394.04$14,676
Jul 2014262,26296.564.18$11,965
Jun 2014492,37898.164.74$16,074
May 2014712,44194.734.73$18,263
Apr 2014472,29795.944.81$15,556
Mar 2014482,97095.895.06$19,621
Feb 2014971,74597.406.19$20,253
Jan 2014972,45390.404.86$20,692
Dec 2013471,79691.824.35$12,136
Nov 2013962,47988.853.74$17,797
Oct 2013702,73997.423.78$17,171
Sep 2013702,460104.113.72$16,433
Aug 2013712,827104.253.52$17,360
Jul 2013472,961102.523.72$15,827
Jun 2013482,31394.403.93$13,629
May 2013472,45394.834.15$14,635
Apr 2013842,27093.964.28$17,614
Mar 2013862,43493.623.91$17,575
Feb 2013571,74391.233.42$11,161
Jan 20131142,29691.603.42$18,295
Dec 2012872,64186.773.42$16,582
Nov 20121452,30086.953.62$20,945
Oct 20121452,55289.383.40$21,636
Sep 2012872,79094.672.92$16,379
Aug 20121702,93292.662.91$24,279
Jul 20121162,69185.133.02$18,004
Jun 20121162,81179.822.52$16,340
May 20121052,90091.612.49$16,835
Apr 2012992,799101.652.00$15,652
Mar 20121022,897105.052.22$17,152
Feb 20121002,880101.102.57$17,512
Jan 20121202,99698.092.73$19,962
Dec 20112402,83696.873.24$32,437
Nov 20111972,92595.723.31$28,542
Oct 20112232,91884.983.65$29,597
Sep 20112253,46083.623.99$32,605
Aug 20111963,95183.404.15$32,740
Jul 20111904,01894.144.52$36,037
Jun 20111573,09292.904.64$28,932
May 20111743,55998.134.40$32,751
Apr 2011423,319105.964.33$18,832
Mar 2011623,92996.364.06$21,916
Feb 2011413,20985.644.18$16,925
Jan 201103,44486.504.59$15,804
Dec 2010443,91685.734.35$20,798
Nov 2010673,66180.843.80$19,311
Oct 2010645,20078.103.51$23,245
Sep 2010602,08872.633.98$12,667
Aug 2010401,39373.684.42$9,103
Jul 2010841,61972.554.74$13,763
Jun 2010411,96470.364.91$12,529
May 2010712,31771.124.24$14,863
Apr 2010252,52481.694.12$12,448
Mar 2010322,70478.394.39$14,375
Feb 2010252,11573.585.44$13,350
Jan 2010173,02574.365.96$19,305
Dec 200903,48871.445.48$19,127
Nov 200903,23674.593.75$12,140
Oct 200903,61072.544.11$14,838
Sep 200904,74965.543.06$14,555
Aug 200905,55767.423.22$17,885
Jul 200907,71961.133.46$26,742
Jun 200909,19266.163.90$35,803
May 200903,73454.743.93$14,659
Apr 200903,42046.773.59$12,269
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20091035.865.37$36
Dec 200817137.105.98$637
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 2008820101.767.88$8,344
Aug 200800114.228.48$0
Jul 200830131.0811.39$393
Jun 2008319131.3313.03$642
May 2008180123.1711.57$2,217
Apr 2008262,625110.3110.45$30,312
Mar 2008413,701101.909.66$39,945
Feb 2008413,62392.538.77$35,570
Jan 2008523,65790.388.21$34,708
Dec 2007713,75188.337.30$33,661
Nov 2007383,45991.677.29$28,705
Oct 20071154,15382.856.92$38,275
Sep 200702,91275.846.24$18,183
Aug 200703,05869.066.39$19,534
Jul 20071003,96570.906.39$32,418
Jun 200703,93662.007.55$29,711
May 2007513,92158.747.85$33,761
Apr 2007493,86659.617.81$33,096
Mar 2007614,16656.927.30$33,892
Feb 2007673,59355.108.22$33,212
Jan 2007703,60050.306.73$27,738
Dec 2006643,94856.656.92$30,940
Nov 2006663,11554.207.62$27,306
Oct 2006593,09254.906.01$21,834
Sep 2006443,45760.085.04$20,057
Aug 200603,90368.717.34$28,648
Jul 2006233,38869.376.34$23,085
Jun 2006103,41866.286.38$22,483
May 2006103,70766.016.42$24,478
Apr 2006103,48864.397.36$26,317
Mar 200693,86756.707.08$27,900
Feb 200603,73557.597.75$28,950
Jan 200604,39960.598.93$39,298
Dec 200504,90454.9413.42$65,789
Nov 200504,60654.6910.59$48,770
Oct 200505,01258.3413.80$69,144
Sep 200504,44761.4512.08$53,715
Aug 200504,36861.519.80$42,793
Jul 200504,01255.697.84$31,469
Jun 200503,15652.337.38$23,295
May 200503,65945.226.65$24,337
Apr 200503,57349.207.36$26,299
Mar 200503,79250.377.15$27,131
Feb 200503,54045.226.31$22,344
Jan 200503,99543.166.32$25,257
Dec 200403,70439.866.75$25,006
Nov 200403,30445.286.33$20,916
Oct 200403,36249.706.52$21,904
Sep 200403,02343.245.28$15,973
Aug 200443,79142.375.55$21,212
Jul 2004423,27738.286.08$21,546
Jun 20041382,51236.106.43$21,142
May 2004483,49037.486.49$24,465
Apr 200403,29634.475.86$19,309
Mar 2004393,67634.365.53$21,669
Feb 2004203,32632.455.51$18,974
Jan 200403,64032.036.30$22,931
Dec 2003293,63230.266.30$23,765
Nov 200303,88228.804.60$17,838
Oct 200304,46728.174.76$21,261
Sep 200305,40326.314.75$25,661
Aug 2003434,74029.765.13$25,595
Jul 200304,44729.415.17$22,995
Jun 200304,35828.565.98$26,074
May 2003324,26726.595.97$26,336
Apr 200303,95226.675.41$21,370
Mar 2003334,14031.146.10$26,265
Feb 2003293,61333.487.93$29,607
Jan 200304,00930.315.58$22,378
Dec 2002254,18926.914.85$21,005
Nov 2002234,09824.664.14$17,520
Oct 200234,29326.464.23$18,235
Sep 200204,41927.443.64$16,064
Aug 2002372,79225.963.16$9,795
Jul 2002284,65624.583.06$14,944
Jun 2002254,35623.733.34$15,135
May 2002274,84324.663.58$18,023
Apr 2002224,87023.653.51$17,625
Mar 200245,28622.003.10$16,489
Feb 200245,00118.222.38$11,954
Jan 200263,66117.172.38$8,800
Dec 200165,81016.932.36$13,839
Nov 200167,40018.072.41$17,909
Oct 200189,52319.782.53$24,241
Sep 2001128,77724.262.25$20,051
Aug 2001238,86724.873.05$27,644
Jul 200108,98323.933.20$28,719
Jun 200109,26024.563.82$35,412
May 2001366,03625.524.31$26,918
Apr 200105,34224.685.34$28,501
Mar 200105,95324.545.38$32,006
Feb 200105,57527.755.77$32,151
Jan 2001255,73527.478.40$48,854
Dec 2000275,92426.889.12$54,767
Nov 2000536,12532.215.66$36,362
Oct 2000286,43231.235.15$33,970
Sep 2000335,41731.875.19$29,147
Aug 2000876,28729.644.54$31,126
Jul 2000515,44828.534.09$23,736
Jun 2000885,46429.304.40$26,605
May 2000424,97927.263.68$19,466
Apr 2000913,62424.513.12$13,523
Mar 2000323,49828.422.86$10,913
Feb 2000662,75827.622.73$9,343
Jan 2000624,54425.272.48$12,838
Dec 1999243,06024.282.42$7,999
Nov 1999522,30023.192.43$6,804
Oct 1999833,72220.982.80$12,177
Sep 1999621,59521.752.62$5,526
Aug 19991642,75819.262.88$11,090
Jul 1999754,98017.892.37$13,156
Jun 1999986,30515.942.36$16,455
May 1999995,52815.792.32$14,394
Apr 19991005,19715.102.21$12,985
Mar 1999924,08312.471.84$8,653
Feb 1999863,3179.981.82$6,888
Jan 1999433,42110.381.90$6,946
Dec 1998287,2329.201.77$13,082
Nov 1998575,57710.892.19$12,810
Oct 1998434,34712.421.97$9,094
Sep 1998444,43312.592.08$9,786
Aug 1998615,77211.301.91$11,699
Jul 1998636,30811.742.24$14,852
Jun 1998576,51111.242.24$15,208
May 1998375,39512.622.21$12,370
Apr 1998646,57713.042.51$17,312
Mar 1998586,78212.802.31$16,405
Feb 19981147,80113.952.30$19,526
Jan 19982269,96914.702.15$24,803
Dec 199718310,00316.322.41$27,105
Nov 199711510,68618.193.09$35,093
Oct 19971319,43219.253.15$32,231
Sep 19971579,06217.742.95$29,562
Aug 1997849,31217.862.55$25,290
Jul 19971989,29117.582.25$24,357
Jun 19971838,80617.242.26$23,032
May 199720410,23318.972.31$27,493
Apr 199721910,71917.882.08$26,241
Mar 199721013,57418.951.94$30,301
Feb 199716510,78120.492.21$27,163
Jan 19979511,17923.483.54$41,801
Dec 199614111,99023.32$3,288
Nov 19969110,92421.97$1,999
Oct 199614012,79223.31$3,263
Sep 19969212,91722.22$2,044
Aug 199611414,56820.26$2,310
Jul 199611214,80119.55$2,190
Jun 199610313,50818.73$1,929
May 199613515,05419.43$2,623
Apr 199615315,30021.51$3,291
Mar 199610416,13419.38$2,016
Feb 199615213,92316.98$2,581
Jan 199615214,01917.07$2,595
Dec 199514816,09417.19$2,544
Nov 199515117,92116.00$2,416
Oct 199515221,47415.43$2,345
Sep 199520522,58816.18$3,317
Aug 199515915,68315.92$2,531
Jul 199520216,60815.24$3,078
Jun 199515117,76416.41$2,478
May 199517720,43417.56$3,108
Apr 199517320,26017.73$3,067
Mar 199519524,42216.44$3,206
Feb 199525024,69916.58$4,145
Jan 199520331,91215.92$3,232
Dec 199425137,92915.03$3,773
Nov 199426648,33315.90$4,229
Oct 19940015.58$0
Sep 199421015.29$321
Aug 199443139,96216.13$6,952
Jul 199453651,48217.56$9,412
Jun 199488162,79017.09$15,056
May 199437636,84315.88$5,971

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                  416 Mcf  × $  3.05 =     $1,267

────────────────────────────────────────────────────
Month total                                   $1,267

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/149752 is the state's own key, not one this site invented.