LEDBETTER-JONES

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

Gas lease lease 172655District 06Field 967897502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Mar 1999 – Jun 2025
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
316
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 125 leases and 125 wells, and the rule below applies to all of them.

Discovered
1945-08-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-04-05.

The Commission's schedule remark for this field reads: BUT REMAINS SUSPENDED EFF. 4-5-05 PER DOCKET #06-0241611.

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 Gas112000-06-07141860
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
CondensateDisposition43 bbl$3,238
GasProduction973,522 Mcf$4,092,272
Total$4,095,511

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 32.6636, -94.6023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66355, -94.60228 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,340 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
1100.0%
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.
00.0%

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 7,340 ft.

Completions filed
Jun 2025
1 of 1 wells

1 well

42-2033254757,340 ftJun 2025Yes

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 (316)

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

316 months

Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250462.363.54$14
Mar 2025098867.704.27$4,217
Feb 202501,54770.884.34$6,715
Jan 202501,96074.324.28$8,386
Dec 202401,90168.993.12$5,934
Nov 202402,13969.052.20$4,702
Oct 202402,04071.372.28$4,654
Sep 202401,67169.612.36$3,951
Aug 202402,23475.632.06$4,610
Jul 202402,50079.932.15$5,366
Jun 202402,03978.082.63$5,371
May 202402,90278.812.20$6,380
Apr 202402,22184.451.66$3,685
Mar 202402,38680.301.55$3,687
Feb 202402,22476.091.78$3,967
Jan 202402,85573.023.30$9,415
Dec 202303,97971.262.61$10,388
Nov 202302,21177.892.81$6,208
Oct 202352,80085.443.09$9,072
Sep 202302,74289.042.74$7,499
Aug 202303,73280.522.67$9,975
Jul 2023153,25474.852.64$9,719
Jun 202373,01368.962.26$7,288
May 202331,73970.622.23$4,085
Apr 202351,29278.122.24$3,282
Mar 2023278572.852.39$2,024
Feb 2023178875.112.47$2,018
Jan 2023328476.533.39$1,192
Dec 2022253276.415.73$3,201
Nov 20220085.005.65$0
Oct 2022048787.185.86$2,856
Sep 2022051484.888.16$4,196
Aug 2022030994.529.13$2,820
Jul 20220154101.587.54$1,161
Jun 20220129115.097.98$1,029
May 20220387109.378.43$3,264
Apr 202201,025104.226.84$7,009
Mar 202201,127108.885.08$5,721
Feb 202202,09791.054.86$10,189
Jan 202201,89981.844.54$8,617
Dec 202101,77371.323.90$6,913
Nov 202101,74077.435.24$9,112
Oct 202102,03379.795.71$11,616
Sep 202102,13669.865.35$11,430
Aug 202102,09666.024.22$8,846
Jul 202102,12770.783.98$8,470
Jun 202101,75769.493.38$5,940
May 202102,00563.483.02$6,050
Apr 202101,94060.362.76$5,351
Mar 2021079361.302.72$2,155
Feb 2021054357.805.55$3,013
Jan 202101,31650.412.81$3,698
Dec 202001,35144.642.68$3,615
Nov 202001,63238.772.71$4,417
Oct 202001,90236.972.48$4,714
Sep 202001,39737.091.99$2,781
Aug 2020098039.982.39$2,337
Jul 2020083038.371.83$1,515
Jun 202001,12234.901.69$1,897
May 202001,32216.921.81$2,399
Apr 202001,05714.751.80$1,907
Mar 202001,16630.341.86$2,164
Feb 202001,12849.881.98$2,234
Jan 202002,06957.252.09$4,334
Dec 201901,16659.012.30$2,687
Nov 201901,42455.302.75$3,917
Oct 201901,78453.472.42$4,315
Sep 201901,42255.052.66$3,779
Aug 201901,48653.112.30$3,424
Jul 201901,57856.272.46$3,882
Jun 201901,51152.782.49$3,764
May 201901,42158.482.74$3,894
Apr 2019096962.632.75$2,665
Mar 201901,20556.803.06$3,690
Feb 201901,01450.852.79$2,831
Jan 201901,28746.033.23$4,155
Dec 201801,40146.594.19$5,864
Nov 201801,14052.934.24$4,830
Oct 201801,06461.443.40$3,616
Sep 2018098859.543.11$3,071
Aug 201801,62259.403.07$4,974
Jul 201801,22265.142.93$3,583
Jun 201801,24160.183.08$3,818
May 201801,53765.382.90$4,459
Apr 201801,96763.842.90$5,706
Mar 201801,67561.222.79$4,668
Feb 201801,84661.782.77$5,106
Jan 201801,23462.874.01$4,948
Dec 201701,88457.272.92$5,504
Nov 201702,65555.423.12$8,279
Oct 201703,18549.292.98$9,503
Sep 201702,17947.523.09$6,727
Aug 201702,11045.373.00$6,339
Jul 201701,73143.873.09$5,344
Jun 201701,83142.493.09$5,653
May 201701,72245.373.26$5,620
Apr 201701,12547.933.21$3,613
Mar 201701,10646.772.98$3,300
Feb 201701,00750.452.95$2,973
Jan 201701,29549.413.42$4,427
Dec 201601,43048.763.72$5,324
Nov 201601,26742.492.64$3,350
Oct 201601,36346.193.09$4,212
Sep 201601,00641.553.10$3,119
Aug 201601,43341.442.92$4,191
Jul 201601,23241.622.92$3,603
Jun 201601,09645.352.69$2,944
May 2016096842.521.99$1,927
Apr 2016081836.561.99$1,629
Mar 20160033.011.79$0
Feb 201601,26426.472.06$2,608
Jan 201601,70827.352.36$4,038
Dec 201501,62032.362.00$3,242
Nov 201501,55138.792.17$3,362
Oct 201501,43743.552.43$3,487
Sep 20150042.992.76$0
Aug 2015022340.162.87$641
Jul 201501,04648.152.95$3,081
Jun 201502,16756.152.88$6,247
May 201502,40655.212.96$7,111
Apr 201501,70849.822.71$4,623
Mar 201502,33542.892.93$6,853
Feb 201502,48744.662.98$7,402
Jan 201501,80043.433.10$5,581
Dec 201401,10954.693.59$3,983
Nov 201401,72070.464.25$7,313
Oct 201401,06178.303.90$4,139
Sep 201401,23186.164.05$4,980
Aug 201401,22089.394.04$4,923
Jul 201401,12796.564.18$4,710
Jun 201401,34698.164.74$6,376
May 201401,59394.734.73$7,529
Apr 201401,64195.944.81$7,892
Mar 201401,36895.895.06$6,918
Feb 201401,31197.406.19$8,118
Jan 201401,94190.404.86$9,435
Dec 201302,05591.824.35$8,948
Nov 201301,83588.853.74$6,860
Oct 2013093297.423.78$3,522
Sep 20130205104.113.72$762
Aug 201302,655104.253.52$9,353
Jul 201302,831102.523.72$10,525
Jun 201302,47594.403.93$9,735
May 2013064394.834.15$2,668
Apr 2013043793.964.28$1,871
Mar 201303,00593.623.91$11,758
Feb 201302,95791.233.42$10,113
Jan 2013053691.603.42$1,833
Dec 2012052186.773.42$1,782
Nov 201206,92486.953.62$25,099
Oct 201203,27389.383.40$11,127
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
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 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011022692.904.64$1,049
May 2011067398.134.40$2,964
Apr 20110474105.964.33$2,054
Mar 2011075096.364.06$3,043
Feb 2011045685.644.18$1,906
Jan 2011058986.504.59$2,703
Dec 2010079285.734.35$3,443
Nov 2010051880.843.80$1,966
Oct 2010053478.103.51$1,874
Sep 2010073572.633.98$2,925
Aug 2010018473.684.42$813
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201001671.124.24$68
Apr 2010036281.694.12$1,492
Mar 2010040178.394.39$1,760
Feb 2010036573.585.44$1,986
Jan 2010037174.365.96$2,213
Dec 2009057671.445.48$3,159
Nov 2009064074.593.75$2,401
Oct 200901,07472.544.11$4,414
Sep 200901,20665.543.06$3,696
Aug 2009076367.423.22$2,456
Jul 2009072061.133.46$2,494
Jun 2009070566.163.90$2,746
May 2009077154.743.93$3,027
Apr 2009078546.773.59$2,816
Mar 2009069442.144.06$2,817
Feb 2009083232.814.63$3,855
Jan 2009014835.865.37$795
Dec 20080037.105.98$0
Nov 20080555.496.86$34
Oct 20080075.246.92$0
Sep 2008056101.767.88$441
Aug 2008021114.228.48$178
Jul 20080123131.0811.39$1,401
Jun 20080141131.3313.03$1,838
May 20080708123.1711.57$8,195
Apr 20080793110.3110.45$8,291
Mar 200801,038101.909.66$10,031
Feb 200801,10092.538.77$9,648
Jan 200801,02890.388.21$8,435
Dec 200701,32988.337.30$9,704
Nov 2007068391.677.29$4,980
Oct 200701,19382.856.92$8,258
Sep 200701,77675.846.24$11,090
Aug 200701,28769.066.39$8,221
Jul 200702,33970.906.39$14,941
Jun 200703,00362.007.55$22,668
May 200702,37558.747.85$18,635
Apr 200702,23859.617.81$17,468
Mar 200702,47556.927.30$18,072
Feb 200702,92355.108.22$24,015
Jan 200703,38650.306.73$22,777
Dec 200603,21756.656.92$22,257
Nov 200603,02354.207.62$23,028
Oct 200602,54854.906.01$15,323
Sep 200601,49360.085.04$7,521
Aug 200601,99168.717.34$14,614
Jul 200602,95269.376.34$18,724
Jun 2006037666.286.38$2,400
May 200601,54066.016.42$9,895
Apr 200602,52164.397.36$18,556
Mar 200602,68756.707.08$19,032
Feb 200607,79357.597.75$60,404
Jan 200604,63660.598.93$41,415
Dec 200504,37154.9413.42$58,639
Nov 200504,20954.6910.59$44,567
Oct 200502,34558.3413.80$32,351
Sep 200502,01961.4512.08$24,388
Aug 200503,95261.519.80$38,717
Jul 200504,62455.697.84$36,269
Jun 200504,01452.337.38$29,627
May 200503,58445.226.65$23,838
Apr 200503,47649.207.36$25,585
Mar 200509,34750.377.15$66,877
Feb 200506,92945.226.31$43,735
Jan 200508,75343.166.32$55,338
Dec 200405,60639.866.75$37,847
Nov 200404,16745.286.33$26,379
Oct 200406,02849.706.52$39,273
Sep 200404,98943.245.28$26,361
Aug 200406,13342.375.55$34,042
Jul 200405,30138.286.08$32,252
Jun 200403,75936.106.43$24,182
May 200407,23437.486.49$46,982
Apr 200406,71834.475.86$39,357
Mar 200405,88234.365.53$32,528
Feb 200405,24232.455.51$28,881
Jan 200403,10032.036.30$19,529
Dec 200304,93830.266.30$31,118
Nov 200304,10228.804.60$18,849
Oct 200307,69128.174.76$36,606
Sep 200304,32926.314.75$20,560
Aug 200304,85529.765.13$24,905
Jul 200307,32129.415.17$37,856
Jun 200306,67728.565.98$39,948
May 200305,17726.595.97$30,921
Apr 200307,51026.675.41$40,609
Mar 200306,01131.146.10$36,643
Feb 200304,71433.487.93$37,363
Jan 200302,75230.315.58$15,362
Dec 200206,74226.914.85$32,724
Nov 200204,17424.664.14$17,268
Oct 200205,25026.464.23$22,203
Sep 200203,87727.443.64$14,094
Aug 200204,74525.963.16$15,014
Jul 200204,33424.583.06$13,270
Jun 200202,82023.733.34$9,414
May 200206,36924.663.58$22,827
Apr 200206,94223.653.51$24,383
Mar 200204,69322.003.10$14,561
Feb 200203,84718.222.38$9,139
Jan 200204,29117.172.38$10,194
Dec 200106,14016.932.36$14,517
Nov 200107,28618.072.41$17,527
Oct 200107,93519.782.53$20,067
Sep 200106,93524.262.25$15,613
Aug 200105,70524.873.05$17,418
Jul 200104,06423.933.20$12,993
Jun 200103,63124.563.82$13,886
May 200107,39725.524.31$31,861
Apr 200107,75324.685.34$41,365
Mar 200109,27324.545.38$49,856
Feb 200104,99327.755.77$28,795
Jan 200107,06627.478.40$59,346
Dec 200009,56326.889.12$87,238
Nov 200004,71232.215.66$26,661
Oct 200008,43931.235.15$43,423
Sep 2000011,95931.875.19$62,025
Aug 2000015,16229.644.54$68,847
Jul 200007,47028.534.09$30,550
Jun 200007,43729.304.40$32,702
May 200007,33627.263.68$26,995
Apr 2000012,18524.513.12$37,968
Mar 200005,74528.422.86$16,429
Feb 2000013,28327.622.73$36,216
Jan 2000019,59225.272.48$48,598
Dec 1999014,56024.282.42$35,289
Nov 1999010,24923.192.43$24,946
Oct 199905,20220.982.80$14,585
Sep 1999017,08921.752.62$44,754
Aug 1999022,30319.262.88$64,135
Jul 1999026,47717.892.37$62,813
Jun 1999030,45415.942.36$71,935
May 1999028,02415.792.32$65,044
Apr 1999041,03015.102.21$90,596
Mar 1999011,51712.471.84$21,172

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.36 =         $0
Gas                    4 Mcf  × $  3.54 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/172655 is the state's own key, not one this site invented.