VICTORY, S.P. JR. ET AL

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 151986District 06Field 35134500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Jun 1994 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
384
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 Gas111995-04-24131920
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
CondensateDisposition6,950 bbl$198,804
GasProduction1,387,926 Mcf$3,769,053
Total$3,967,857

543,523 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 32.5628, -94.9300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.56278, -94.93001 · 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
11,900 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 11,900 ft.

Completions filed
Jun 1994
1 of 1 wells

1 well

42-45930743311,900 ftJun 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 (384)

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

384 months

May 20260236106.413.05$719
Apr 2026028898.932.87$826
Mar 2026035589.753.15$1,118
Feb 20260063.503.75$0
Jan 2026048159.138.00$3,847
Dec 2025044356.664.41$1,955
Nov 202508658.593.93$338
Oct 2025016959.383.30$559
Sep 2025033662.743.08$1,034
Aug 2025017063.933.01$513
Jul 202509566.743.32$315
Jun 2025010666.483.13$332
May 202507860.553.23$252
Apr 20250362.363.54$11
Mar 202505567.704.27$235
Feb 202505670.884.34$243
Jan 202509974.324.28$424
Dec 2024010368.993.12$322
Nov 2024010269.052.20$224
Oct 2024017271.372.28$392
Sep 202404969.612.36$116
Aug 2024016475.632.06$338
Jul 2024018679.932.15$399
Jun 2024013578.082.63$356
May 2024019178.812.20$420
Apr 2024019084.451.66$315
Mar 2024020880.301.55$321
Feb 2024018176.091.78$323
Jan 2024023073.023.30$758
Dec 202302871.262.61$73
Nov 2023016077.892.81$449
Oct 2023040185.443.09$1,238
Sep 2023017089.042.74$465
Aug 2023036480.522.67$973
Jul 2023035674.852.64$940
Jun 2023030868.962.26$696
May 2023024170.622.23$537
Apr 2023020778.122.24$463
Mar 2023027572.852.39$658
Feb 2023022175.112.47$545
Jan 2023022276.533.39$752
Dec 2022023676.415.73$1,352
Nov 2022022985.005.65$1,293
Oct 2022025687.185.86$1,501
Sep 2022019384.888.16$1,576
Aug 2022014094.529.13$1,278
Jul 20220235101.587.54$1,772
Jun 20220235115.097.98$1,875
May 20220289109.378.43$2,437
Apr 20220251104.226.84$1,716
Mar 20220332108.885.08$1,685
Feb 2022029991.054.86$1,453
Jan 2022032581.844.54$1,475
Dec 2021030871.323.90$1,201
Nov 2021030477.435.24$1,592
Oct 2021027079.795.71$1,543
Sep 2021027669.865.35$1,477
Aug 2021026366.024.22$1,110
Jul 202102770.783.98$108
Jun 202108569.493.38$287
May 2021021863.483.02$658
Apr 2021034860.362.76$960
Mar 2021026361.302.72$715
Feb 2021027657.805.55$1,531
Jan 2021041450.412.81$1,163
Dec 2020024544.642.68$655
Nov 2020019138.772.71$517
Oct 2020022836.972.48$565
Sep 2020019237.091.99$382
Aug 2020016639.982.39$396
Jul 2020018438.371.83$336
Jun 2020021034.901.69$355
May 2020016216.921.81$294
Apr 2020024214.751.80$437
Mar 2020033230.341.86$616
Feb 2020020849.881.98$412
Jan 2020020657.252.09$432
Dec 2019029059.012.30$668
Nov 2019022555.302.75$619
Oct 2019035353.472.42$854
Sep 2019014255.052.66$377
Aug 2019017953.112.30$412
Jul 2019019656.272.46$482
Jun 2019023652.782.49$588
May 2019018758.482.74$512
Apr 2019023662.632.75$649
Mar 2019021956.803.06$671
Feb 2019015350.852.79$427
Jan 2019020946.033.23$675
Dec 2018032846.594.19$1,373
Nov 2018024652.934.24$1,042
Oct 2018037261.443.40$1,264
Sep 2018010159.543.11$314
Aug 2018019559.403.07$598
Jul 2018017165.142.93$501
Jun 2018019260.183.08$591
May 2018020265.382.90$586
Apr 2018013263.842.90$383
Mar 2018016361.222.79$454
Feb 2018115361.782.77$485
Jan 2018822662.874.01$1,409
Dec 2017021057.272.92$614
Nov 20174325455.423.12$3,175
Oct 2017030549.292.98$910
Sep 20172517747.523.09$1,734
Aug 20172322745.373.00$1,726
Jul 20172122643.873.09$1,619
Jun 20172422642.493.09$1,717
May 20171927345.373.26$1,753
Apr 2017142,88747.933.21$9,943
Mar 201701,86846.772.98$5,574
Feb 201701,67250.452.95$4,937
Jan 2017266649.413.42$2,376
Dec 20161793148.763.72$4,295
Nov 20161390042.492.64$2,932
Oct 2016111,26446.193.09$4,414
Sep 2016111,49841.553.10$5,102
Aug 2016101,98141.442.92$6,208
Jul 2016112,30841.622.92$7,207
Jun 2016111,75945.352.69$5,223
May 2016112,36542.521.99$5,177
Apr 201641,56036.561.99$3,252
Mar 2016087333.011.79$1,566
Feb 2016089626.472.06$1,849
Jan 201601,51227.352.36$3,575
Dec 201502,64232.362.00$5,288
Nov 201502,13438.792.17$4,625
Oct 201501,33543.552.43$3,239
Sep 2015077042.992.76$2,124
Aug 2015078340.162.87$2,249
Jul 2015081048.152.95$2,386
Jun 2015099656.152.88$2,871
May 2015080655.212.96$2,382
Apr 2015092449.822.71$2,501
Mar 2015094542.892.93$2,773
Feb 2015084844.662.98$2,524
Jan 201501,06643.433.10$3,305
Dec 201401,04154.693.59$3,739
Nov 201401,37370.464.25$5,838
Oct 2014048378.303.90$1,884
Sep 201401,04086.164.05$4,207
Aug 201401,02889.394.04$4,148
Jul 2014099296.564.18$4,146
Jun 2014096898.164.74$4,585
May 201401,20794.734.73$5,705
Apr 2014076395.944.81$3,669
Mar 201401,01095.895.06$5,107
Feb 201401,04397.406.19$6,458
Jan 201401,16690.404.86$5,668
Dec 201301,70891.824.35$7,437
Nov 201301,30088.853.74$4,860
Oct 201301,72797.423.78$6,527
Sep 201301,480104.113.72$5,502
Aug 20130771104.253.52$2,716
Jul 20130921102.523.72$3,424
Jun 2013078594.403.93$3,088
May 2013083994.834.15$3,481
Apr 2013068493.964.28$2,929
Mar 2013090893.623.91$3,553
Feb 2013066691.233.42$2,278
Jan 2013084291.603.42$2,880
Dec 201201,86686.773.42$6,382
Nov 201201,73286.953.62$6,278
Oct 2012064289.383.40$2,183
Sep 201201,24394.672.92$3,628
Aug 201201,10492.662.91$3,211
Jul 2012080285.133.02$2,423
Jun 201201,56779.822.52$3,947
May 201201,22991.612.49$3,058
Apr 201201,488101.652.00$2,971
Mar 201201,927105.052.22$4,282
Feb 20120790101.102.57$2,030
Jan 20122869098.092.73$4,633
Dec 2011501,05696.873.24$8,265
Nov 2011711,25395.723.31$10,945
Oct 20111192,53884.983.65$19,373
Sep 2011621,47383.623.99$11,056
Aug 2011382,04783.404.15$11,663
Jul 2011101,52094.144.52$7,808
Jun 2011281192.904.64$3,949
May 2011241498.134.40$2,020
Apr 20117366105.964.33$2,328
Mar 2011557496.364.06$2,811
Feb 20111168285.644.18$3,793
Jan 201131,01586.504.59$4,917
Dec 2010127785.734.35$1,290
Nov 2010045180.843.80$1,712
Oct 201001,03878.103.51$3,642
Sep 2010047672.633.98$1,894
Aug 2010088173.684.42$3,893
Jul 201011,03572.554.74$4,975
Jun 201022,45470.364.91$12,191
May 201012,51471.124.24$10,718
Apr 2010198881.694.12$4,155
Mar 201031,92778.394.39$8,692
Feb 201032,30673.585.44$12,771
Jan 201012,35874.365.96$14,138
Dec 200911,31671.445.48$7,288
Nov 200931,38374.593.75$5,412
Oct 200913,32072.544.11$13,719
Sep 200912,90465.543.06$8,966
Aug 200911,57167.423.22$5,124
Jul 200911,39861.133.46$4,905
Jun 200941,68366.163.90$6,820
May 200961,43754.743.93$5,970
Apr 2009112,32446.773.59$8,852
Mar 2009111,56842.144.06$6,828
Feb 200931,50632.814.63$7,076
Jan 2009121,00535.865.37$5,828
Dec 2008132,17537.105.98$13,483
Nov 200875,19055.496.86$35,994
Oct 200801,98175.246.92$13,712
Sep 200801,346101.767.88$10,603
Aug 200801,412114.228.48$11,978
Jul 200831,204131.0811.39$14,106
Jun 200831,320131.3313.03$17,597
May 200803,278123.1711.57$37,941
Apr 200884,578110.3110.45$48,745
Mar 200872,641101.909.66$26,236
Feb 200824,79092.538.77$42,196
Jan 200852,78790.388.21$23,321
Dec 200743,01588.337.30$22,369
Nov 2007203,58691.677.29$27,981
Oct 2007452,24682.856.92$19,275
Sep 2007182,35675.846.24$16,076
Aug 2007252,00969.066.39$14,560
Jul 2007111,44170.906.39$9,985
Jun 200791,42462.007.55$11,307
May 2007132,18058.747.85$17,869
Apr 200762,28459.617.81$18,185
Mar 2007153,09156.927.30$23,424
Feb 2007242,14955.108.22$18,979
Jan 2007194,15750.306.73$28,919
Dec 2006232,82356.656.92$20,834
Nov 200632,74454.207.62$21,065
Oct 200653,20454.906.01$19,543
Sep 200692,67260.085.04$14,000
Aug 200633,22468.717.34$23,870
Jul 200633,19669.376.34$20,480
Jun 200662,80966.286.38$18,330
May 200644,19766.016.42$27,230
Apr 200622,97764.397.36$22,041
Mar 200673,55756.707.08$25,591
Feb 200663,36957.597.75$26,459
Jan 200624,05660.598.93$36,355
Dec 200543,12354.9413.42$42,116
Nov 200552,96654.6910.59$31,679
Oct 2005103,74858.3413.80$52,290
Sep 2005152,85861.4512.08$35,444
Aug 2005144,84561.519.80$48,327
Jul 2005152,32655.697.84$19,080
Jun 2005264,10852.337.38$31,682
May 200593,96845.226.65$26,799
Apr 2005144,40549.207.36$33,112
Mar 200593,28350.377.15$23,943
Feb 2005133,03145.226.31$19,719
Jan 200583,03843.166.32$19,552
Dec 2004204,82439.866.75$33,364
Nov 2004132,79345.286.33$18,270
Oct 2004194,01249.706.52$27,083
Sep 200494,13043.245.28$22,212
Aug 2004114,26942.375.55$24,162
Jul 2004155,01538.286.08$31,086
Jun 200483,83136.106.43$24,934
May 2004124,59637.486.49$30,299
Apr 2004234,35434.475.86$26,301
Mar 2004273,87434.365.53$22,351
Feb 2004334,51632.455.51$25,952
Jan 2004465,37032.036.30$35,302
Dec 2003515,18330.266.30$34,205
Nov 2003464,31628.804.60$21,158
Oct 2003395,91028.174.76$29,228
Sep 2003285,85526.314.75$28,544
Aug 2003347,38629.765.13$38,900
Jul 20033510,12929.415.17$53,405
Jun 2003143,65328.565.98$22,256
May 2003234,05926.595.97$24,855
Apr 200372,86126.675.41$15,657
Mar 200383,76331.146.10$23,189
Feb 200363,73433.487.93$29,796
Jan 200384,52330.315.58$25,490
Dec 200284,58726.914.85$22,479
Nov 2002105,13424.664.14$21,486
Oct 2002185,85626.464.23$25,242
Sep 2002305,60027.443.64$21,180
Aug 2002253,86425.963.16$12,875
Jul 2002215,43824.583.06$17,166
Jun 2002244,82223.733.34$16,667
May 2002193,91324.663.58$14,493
Apr 2002124,44523.653.51$15,896
Mar 2002154,29322.003.10$13,650
Feb 2002154,40618.222.38$10,741
Jan 2002155,60417.172.38$13,571
Dec 2001224,68016.932.36$11,438
Nov 2001335,72018.072.41$14,356
Oct 2001617,37919.782.53$19,867
Sep 2001626,79724.262.25$16,806
Aug 2001475,13024.873.05$16,832
Jul 2001424,76823.933.20$16,249
Jun 2001595,31224.563.82$21,763
May 20011007,22925.524.31$33,690
Apr 20011047,37624.685.34$41,920
Mar 2001705,81724.545.38$32,993
Feb 2001796,32427.755.77$38,663
Jan 20011007,77227.478.40$68,022
Dec 2000978,72526.889.12$82,201
Nov 20006010,73432.215.66$62,666
Oct 20002814,49731.235.15$75,469
Sep 2000103,87031.875.19$20,390
Aug 2000125,46629.644.54$25,175
Jul 2000125,37428.534.09$22,321
Jun 2000124,17129.304.40$18,693
May 2000164,99827.263.68$18,828
Apr 2000374,80124.513.12$15,867
Mar 2000555,49628.422.86$17,280
Feb 2000506,27927.622.73$18,501
Jan 2000474,38825.272.48$12,072
Dec 1999523,99424.282.42$10,943
Nov 1999503,60723.192.43$9,939
Oct 1999514,71820.982.80$14,298
Sep 1999494,84821.752.62$13,762
Aug 1999365,63419.262.88$16,894
Jul 1999747,31917.892.37$18,687
Jun 1999326,56315.942.36$16,013
May 1999475,68915.792.32$13,946
Apr 1999776,00415.102.21$14,420
Mar 19991027,94512.471.84$15,877
Feb 1999724,4269.981.82$8,764
Jan 1999654,19410.381.90$8,643
Dec 1998894,4649.201.77$8,735
Nov 1998655,77010.892.19$13,319
Oct 1998188,31912.421.97$16,605
Sep 199815,58912.592.08$11,652
Aug 199824,45111.301.91$8,512
Jul 199844,01511.742.24$9,030
Jun 199863,02211.242.24$6,828
May 1998594,55312.622.21$10,790
Apr 1998445,37313.042.51$14,035
Mar 1998705,39912.802.31$13,365
Feb 1998827,94813.952.30$19,417
Jan 199814011,03814.702.15$25,843
Dec 1997964,05916.322.41$11,353
Nov 199712511,83318.193.09$38,817
Oct 1997957,58919.253.15$25,733
Sep 1997678,55817.742.95$26,476
Aug 1997494,89017.862.55$13,368
Jul 1997383,94617.582.25$9,534
Jun 1997967,12317.242.26$17,733
May 19979713,16318.972.31$32,227
Apr 19972215,43617.882.08$32,543
Mar 1997116,34418.951.94$12,510
Feb 199784,70520.492.21$10,543
Jan 1997243223.483.54$1,576
Dec 1996142,79523.32$326
Nov 1996116,73121.97$242
Oct 1996146,38423.31$326
Sep 1996116,04822.22$244
Aug 1996209,94120.26$405
Jul 19961910,84019.55$371
Jun 1996247,73518.73$450
May 1996449,80619.43$855
Apr 1996359,41121.51$753
Mar 1996509,58819.38$969
Feb 1996438,61316.98$730
Jan 19965711,88217.07$973
Dec 19956812,37117.19$1,169
Nov 19958713,44216.00$1,392
Oct 199512421,45715.43$1,913
Sep 19959717,57116.18$1,569
Aug 199510919,10815.92$1,735
Jul 19955311,96315.24$808
Jun 19959516,98116.41$1,559
May 19955416,83217.56$948
Apr 19956320,64417.73$1,117
Mar 19954720,17016.44$773
Feb 19956421,89616.58$1,061
Jan 19957625,38515.92$1,210
Dec 19948528,37015.03$1,278
Nov 19947928,42015.90$1,256
Oct 19948936,71515.58$1,387
Sep 199411153,18515.29$1,697
Aug 19948256,53016.13$1,323
Jul 19947017.56$123
Jun 19943622,70917.09$615

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                  236 Mcf  × $  3.05 =       $719

────────────────────────────────────────────────────
Month total                                     $719

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/151986 is the state's own key, not one this site invented.