CHADWICK GAS UNIT #1

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

Gas lease lease 173182District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Oct 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
332
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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and 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 2014-03-25.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas111999-09-20140752
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
CondensateDisposition3,695 bbl$128,373
GasProduction399,141 Mcf$1,738,028
Total$1,866,402

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 32.2100, -95.0840. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20998, -95.08404 · 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
11,850 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 11,850 ft.

Completions filed
Oct 1998
1 of 1 wells

1 well

42-42331472211,850 ftOct 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 (332)

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

332 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20211424870.783.98$1,978
Jun 2021023069.493.38$778
May 2021022863.483.02$688
Apr 2021021660.362.76$596
Mar 2021022261.302.72$603
Feb 2021021557.805.55$1,193
Jan 20216926650.412.81$4,226
Dec 2020025444.642.68$680
Nov 2020023538.772.71$636
Oct 2020024836.972.48$615
Sep 2020024937.091.99$496
Aug 2020026039.982.39$620
Jul 2020026738.371.83$487
Jun 2020026934.901.69$455
May 2020030516.921.81$554
Apr 2020042814.751.80$772
Mar 2020025930.341.86$481
Feb 2020022949.881.98$454
Jan 2020025657.252.09$536
Dec 2019026359.012.30$606
Nov 2019025155.302.75$690
Oct 2019024453.472.42$590
Sep 2019023955.052.66$635
Aug 2019029653.112.30$682
Jul 2019029056.272.46$713
Jun 2019027752.782.49$690
May 20197928858.482.74$5,409
Apr 2019031562.632.75$866
Mar 2019030256.803.06$925
Feb 2019028750.852.79$801
Jan 2019033946.033.23$1,094
Dec 2018028746.594.19$1,201
Nov 2018057752.934.24$2,445
Oct 2018084561.443.40$2,871
Sep 2018018559.543.11$575
Aug 2018019159.403.07$586
Jul 2018016465.142.93$481
Jun 2018017060.183.08$523
May 2018019065.382.90$551
Apr 2018022963.842.90$664
Mar 20187924261.222.79$5,511
Feb 2018021161.782.77$584
Jan 2018019862.874.01$794
Dec 2017014157.272.92$412
Nov 201702655.423.12$81
Oct 201703549.292.98$104
Sep 201702847.523.09$86
Aug 201701345.373.00$39
Jul 201703743.873.09$114
Jun 201703642.493.09$111
May 201703645.373.26$117
Apr 201703047.933.21$96
Mar 201702946.772.98$87
Feb 201702650.452.95$77
Jan 201703749.413.42$127
Dec 201602948.763.72$108
Nov 201604842.492.64$127
Oct 201607446.193.09$229
Sep 201608141.553.10$251
Aug 201607341.442.92$213
Jul 2016765941.622.92$3,336
Jun 201606245.352.69$167
May 201607142.521.99$141
Apr 2016010436.561.99$207
Mar 2016011733.011.79$210
Feb 2016012826.472.06$264
Jan 2016016027.352.36$378
Dec 2015014932.362.00$298
Nov 2015013238.792.17$286
Oct 2015015643.552.43$379
Sep 2015018742.992.76$516
Aug 2015035640.162.87$1,023
Jul 2015056548.152.95$1,664
Jun 2015077256.152.88$2,226
May 2015065255.212.96$1,927
Apr 2015066149.822.71$1,789
Mar 2015068142.892.93$1,999
Feb 20154558344.662.98$3,745
Jan 2015049243.433.10$1,526
Dec 2014048554.693.59$1,742
Nov 2014046870.464.25$1,990
Oct 2014049178.303.90$1,915
Sep 2014052586.164.05$2,124
Aug 2014056489.394.04$2,276
Jul 2014054396.564.18$2,270
Jun 2014066598.164.74$3,150
May 2014069394.734.73$3,276
Apr 2014051095.944.81$2,453
Mar 2014043395.895.06$2,190
Feb 2014046397.406.19$2,867
Jan 20142057490.404.86$4,598
Dec 2013060091.824.35$2,613
Nov 2013067688.853.74$2,527
Oct 2013064997.423.78$2,453
Sep 20130438104.113.72$1,628
Aug 20130100104.253.52$352
Jul 2013084102.523.72$312
Jun 201308694.403.93$338
May 201304294.834.15$174
Apr 201301993.964.28$81
Mar 201305493.623.91$211
Feb 2013484591.233.42$4,533
Jan 2013032391.603.42$1,105
Dec 2012126586.773.42$993
Nov 2012037686.953.62$1,363
Oct 2012039589.383.40$1,343
Sep 2012032794.672.92$954
Aug 2012048892.662.91$1,419
Jul 2012056985.133.02$1,719
Jun 2012064279.822.52$1,617
May 2012066591.612.49$1,655
Apr 20120712101.652.00$1,422
Mar 20120533105.052.22$1,184
Feb 201290573101.102.57$10,572
Jan 2012060298.092.73$1,646
Dec 2011056396.873.24$1,824
Nov 2011064095.723.31$2,119
Oct 2011071284.983.65$2,598
Sep 2011069083.623.99$2,750
Aug 2011064883.404.15$2,689
Jul 2011039294.144.52$1,771
Jun 2011060992.904.64$2,826
May 2011025898.134.40$1,136
Apr 20110847105.964.33$3,670
Mar 2011182296.364.06$3,431
Feb 2011076585.644.18$3,198
Jan 2011092486.504.59$4,240
Dec 201001,00785.734.35$4,378
Nov 20109497680.843.80$11,303
Oct 201001,09278.103.51$3,832
Sep 201001,02372.633.98$4,071
Aug 201001,05873.684.42$4,676
Jul 201001,07272.554.74$5,078
Jun 201001,05270.364.91$5,166
May 201001,06771.124.24$4,519
Apr 201001,04881.694.12$4,321
Mar 201001,01378.394.39$4,446
Feb 2010068573.585.44$3,728
Jan 2010074974.365.96$4,467
Dec 20097372771.445.48$9,202
Nov 2009090474.593.75$3,391
Oct 200901,08972.544.11$4,476
Sep 200901,09465.543.06$3,353
Aug 2009091467.423.22$2,942
Jul 2009089061.133.46$3,083
Jun 2009086866.163.90$3,381
May 2009092554.743.93$3,631
Apr 2009091946.773.59$3,297
Mar 2009811,06042.144.06$7,716
Feb 2009086732.814.63$4,017
Jan 2009095435.865.37$5,124
Dec 2008081137.105.98$4,847
Nov 200801,02155.496.86$7,004
Oct 200801,15375.246.92$7,981
Sep 200801,158101.767.88$9,122
Aug 200801,200114.228.48$10,180
Jul 200801,253131.0811.39$14,271
Jun 200801,280131.3313.03$16,682
May 200801,346123.1711.57$15,579
Apr 200801,319110.3110.45$13,790
Mar 200801,346101.909.66$13,008
Feb 200801,21392.538.77$10,639
Jan 200801,31990.388.21$10,823
Dec 200701,33288.337.30$9,726
Nov 200701,35591.677.29$9,880
Oct 200701,42082.856.92$9,829
Sep 2007871,34675.846.24$15,003
Aug 200701,41269.066.39$9,020
Jul 200701,44270.906.39$9,211
Jun 200711,40162.007.55$10,637
May 200701,47458.747.85$11,565
Apr 200711,44559.617.81$11,338
Mar 200701,46256.927.30$10,675
Feb 200711,22655.108.22$10,128
Jan 200711,29150.306.73$8,735
Dec 200611,34856.656.92$9,383
Nov 200601,38854.207.62$10,573
Oct 200601,47154.906.01$8,846
Sep 200601,44560.085.04$7,279
Aug 20061141,59768.717.34$19,555
Jul 200601,57669.376.34$9,996
Jun 200601,44066.286.38$9,193
May 200601,58366.016.42$10,171
Apr 200601,51464.397.36$11,144
Mar 200601,51556.707.08$10,731
Feb 200601,43157.597.75$11,092
Jan 200611,58960.598.93$14,256
Dec 200501,58854.9413.42$21,304
Nov 20051011,56054.6910.59$22,042
Oct 200501,64558.3413.80$22,694
Sep 200501,60961.4512.08$19,435
Aug 200501,66561.519.80$16,312
Jul 200501,70855.697.84$13,397
Jun 200511,69552.337.38$12,563
May 200501,68645.226.65$11,214
Apr 200501,50449.207.36$11,070
Mar 2005841,62350.377.15$15,843
Feb 200501,57945.226.31$9,967
Jan 200501,14543.166.32$7,239
Dec 200401,71339.866.75$11,565
Nov 200401,88145.286.33$11,908
Oct 200401,69349.706.52$11,030
Sep 200401,28843.245.28$6,806
Aug 2004841,74942.375.55$13,267
Jul 200402,21838.286.08$13,495
Jun 200401,89736.106.43$12,203
May 200402,06437.486.49$13,405
Apr 200401,99834.475.86$11,705
Mar 200402,26234.365.53$12,509
Feb 2004981,92532.455.51$13,786
Jan 200401,96132.036.30$12,354
Dec 200302,48930.266.30$15,685
Nov 200302,17928.804.60$10,013
Oct 200302,18928.174.76$10,419
Sep 200302,13826.314.75$10,154
Aug 2003832,11829.765.13$13,335
Jul 200302,14129.415.17$11,071
Jun 200302,46928.565.98$14,772
May 200342,28026.595.97$13,724
Apr 200313,12626.675.41$16,930
Mar 2003862,84531.146.10$20,021
Feb 200301,22733.487.93$9,725
Jan 200311,93330.315.58$10,820
Dec 200202,08726.914.85$10,130
Nov 2002442,06024.664.14$9,607
Oct 200201,83026.464.23$7,739
Sep 200201,78327.443.64$6,482
Aug 200201,90525.963.16$6,028
Jul 200201,83724.583.06$5,624
Jun 200201,86823.733.34$6,236
May 2002452,22424.663.58$9,081
Apr 200202,04623.653.51$7,186
Mar 200201,97922.003.10$6,140
Feb 200221,85118.222.38$4,434
Jan 200212,12717.172.38$5,070
Dec 2001642,55016.932.36$7,113
Nov 200112,33118.072.41$5,625
Oct 200112,30119.782.53$5,839
Sep 200142,72624.262.25$6,234
Aug 2001732,22924.873.05$8,621
Jul 200112,19923.933.20$7,054
Jun 200112,42224.563.82$9,287
May 200122,54125.524.31$10,996
Apr 200122,52824.685.34$13,537
Mar 2001682,94124.545.38$17,481
Feb 200112,59627.755.77$14,999
Jan 200113,08927.478.40$25,971
Dec 200013,25826.889.12$29,748
Nov 2000983,06532.215.66$20,498
Oct 200013,15631.235.15$16,270
Sep 200024,46031.875.19$23,196
Aug 20001433,61829.644.54$20,667
Jul 200033,82728.534.09$15,737
Jun 200024,10929.304.40$18,127
May 200003,23727.263.68$11,911
Apr 20001543,85424.513.12$15,784
Mar 200004,25328.422.86$12,163
Feb 200004,25827.622.73$11,609
Jan 200004,84325.272.48$12,013
Dec 19991835,20924.282.42$17,068
Nov 199905,46623.192.43$13,304
Oct 199905,13720.982.80$14,403
Sep 19991895,22221.752.62$17,786
Aug 199906,88219.262.88$19,790
Jul 19991979,22917.892.37$25,419
Jun 199904,86515.942.36$11,492
May 199903,55015.792.32$8,240
Apr 199919315715.102.21$3,261
Mar 199901,83912.471.84$3,381
Feb 199907,7899.981.82$14,159
Jan 19991959,89010.381.90$20,815
Dec 199819411,7629.201.77$22,643
Nov 199818615,02510.892.19$34,866
Oct 199812324,18912.421.97$49,161

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.

Jul 2021 — as filed, then multipliedworked
Condensate            14 bbl  × $ 70.78 =       $991
Gas                  248 Mcf  × $  3.98 =       $988

────────────────────────────────────────────────────
Month total                                   $1,978

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/173182 is the state's own key, not one this site invented.