HAYES UNIT

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

Gas lease lease 178420District 06Field 977521002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Mar 2000 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
315
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
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 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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 Gas112002-02-21146292
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
CondensateDisposition5,516 bbl$286,046
GasProduction1,356,206 Mcf$7,271,599
Total$7,557,645

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 32.5023, -94.7674. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50228, -94.76739 · 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
10,645 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 10,645 ft.

Completions filed
Mar 2000
1 of 1 wells

1 well

42-18331344810,645 ftMar 2000

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 (315)

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

315 months

May 202601,124106.413.05$3,424
Apr 202601,14398.932.87$3,280
Mar 202601,39189.753.15$4,381
Feb 202601,18363.503.75$4,437
Jan 2026067359.138.00$5,383
Dec 2025046856.664.41$2,065
Nov 2025049858.593.93$1,955
Oct 2025079059.383.30$2,611
Sep 2025095562.743.08$2,938
Aug 2025025563.933.01$769
Jul 2025089566.743.32$2,967
Jun 2025097166.483.13$3,038
May 2025075760.553.23$2,447
Apr 202501,05662.363.54$3,742
Mar 202501,15567.704.27$4,930
Feb 202501,26170.884.34$5,474
Jan 2025049574.324.28$2,118
Dec 2024084168.993.12$2,625
Nov 2024091569.052.20$2,012
Oct 2024047371.372.28$1,079
Sep 2024090169.612.36$2,130
Aug 2024062375.632.06$1,286
Jul 2024079879.932.15$1,713
Jun 202401,10478.082.63$2,908
May 2024071978.812.20$1,581
Apr 2024062884.451.66$1,042
Mar 202401,43680.301.55$2,219
Feb 202401,91776.091.78$3,419
Jan 2024034373.023.30$1,131
Dec 202301,50671.262.61$3,932
Nov 2023082077.892.81$2,302
Oct 2023094285.443.09$2,908
Sep 202301,07089.042.74$2,926
Aug 202301,25280.522.67$3,346
Jul 202301,11074.852.64$2,932
Jun 202301,74068.962.26$3,930
May 202301,64070.622.23$3,653
Apr 202301,49978.122.24$3,354
Mar 202302,10772.852.39$5,042
Feb 202301,60775.112.47$3,962
Jan 202301,64876.533.39$5,583
Dec 202201,45076.415.73$8,307
Nov 202201,23985.005.65$6,996
Oct 202201,43187.185.86$8,391
Sep 202201,64784.888.16$13,446
Aug 202201,67294.529.13$15,261
Jul 202201,934101.587.54$14,586
Jun 202201,292115.097.98$10,307
May 20221522,269109.378.43$35,759
Apr 202202,703104.226.84$18,482
Mar 202201,780108.885.08$9,036
Feb 202201,54791.054.86$7,517
Jan 202201,48381.844.54$6,729
Dec 202102,12871.323.90$8,297
Nov 202102,36577.435.24$12,385
Oct 202102,05979.795.71$11,765
Sep 202102,25069.865.35$12,040
Aug 202102,71866.024.22$11,472
Jul 202102,48970.783.98$9,911
Jun 202102,64169.493.38$8,928
May 202104,04963.483.02$12,219
Apr 202101,79260.362.76$4,943
Mar 202102,05161.302.72$5,572
Feb 20211612,06457.805.55$20,757
Jan 202101,21750.412.81$3,420
Dec 202002,66644.642.68$7,133
Nov 202001,20538.772.71$3,261
Oct 202001,68636.972.48$4,179
Sep 202001,59537.091.99$3,176
Aug 202001,77339.982.39$4,229
Jul 202001,62538.371.83$2,966
Jun 202001,47034.901.69$2,485
May 202002,10416.921.81$3,818
Apr 202001,66714.751.80$3,008
Mar 202002,07630.341.86$3,854
Feb 202001,82649.881.98$3,617
Jan 202002,38957.252.09$5,004
Dec 201901,72559.012.30$3,975
Nov 201901,78655.302.75$4,913
Oct 201902,33953.472.42$5,657
Sep 201902,38755.052.66$6,343
Aug 201902,22253.112.30$5,120
Jul 201901,69756.272.46$4,175
Jun 201903,30252.782.49$8,226
May 201903,58558.482.74$9,824
Apr 201903,41062.632.75$9,380
Mar 201903,45556.803.06$10,580
Feb 201902,94750.852.79$8,229
Jan 201903,98946.033.23$12,877
Dec 201803,21946.594.19$13,473
Nov 201803,79152.934.24$16,063
Oct 2018824,54661.443.40$20,486
Sep 201804,10959.543.11$12,771
Aug 201802,25959.403.07$6,927
Jul 2018073665.142.93$2,158
Jun 201801,59060.183.08$4,892
May 201801,77165.382.90$5,137
Apr 201801,92063.842.90$5,570
Mar 201801,78061.222.79$4,961
Feb 201801,43361.782.77$3,964
Jan 201802,91462.874.01$11,683
Dec 201702,83057.272.92$8,268
Nov 201703,76955.423.12$11,753
Oct 201704,20249.292.98$12,537
Sep 201703,64447.523.09$11,250
Aug 201704,24645.373.00$12,757
Jul 201704,06543.873.09$12,550
Jun 201703,94542.493.09$12,179
May 201704,75145.373.26$15,504
Apr 201705,11847.933.21$16,437
Mar 2017185,31546.772.98$16,700
Feb 201705,24550.452.95$15,486
Jan 201705,59049.413.42$19,111
Dec 201607,19648.763.72$26,789
Nov 20161029,45542.492.64$29,336
Oct 201603,70846.193.09$11,459
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015050655.212.96$1,495
Apr 201503,44949.822.71$9,335
Mar 201503,70042.892.93$10,858
Feb 201503,74644.662.98$11,149
Jan 201501,66143.433.10$5,150
Dec 201403,85254.693.59$13,834
Nov 201402,76870.464.25$11,769
Oct 201403,39178.303.90$13,228
Sep 201403,75486.164.05$15,187
Aug 20141603,83789.394.04$29,785
Jul 201403,88696.564.18$16,242
Jun 201403,89298.164.74$18,436
May 201404,23794.734.73$20,026
Apr 201401,82195.944.81$8,757
Mar 201403,92395.895.06$19,838
Feb 201404,52597.406.19$28,019
Jan 201406,07890.404.86$29,543
Dec 20130191.824.35$4
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013085104.113.72$316
Aug 201301,830104.253.52$6,446
Jul 201302,223102.523.72$8,265
Jun 201302,31294.403.93$9,094
May 20131752,45694.834.15$26,785
Apr 201302,40493.964.28$10,295
Mar 201302,60993.623.91$10,209
Feb 201302,64691.233.42$9,049
Jan 201301,99491.603.42$6,819
Dec 201201,66086.773.42$5,677
Nov 201203,85786.953.62$13,981
Oct 201202,93189.383.40$9,964
Sep 201203,59794.672.92$10,497
Aug 20121771,57492.662.91$20,978
Jul 201202,56885.133.02$7,757
Jun 2012077479.822.52$1,950
May 201202,70291.612.49$6,723
Apr 201201,319101.652.00$2,634
Mar 201203,169105.052.22$7,042
Feb 201203,029101.102.57$7,785
Jan 201203,37098.092.73$9,214
Dec 201103,60396.873.24$11,673
Nov 201103,44495.723.31$11,404
Oct 201103,92384.983.65$14,313
Sep 201103,95683.623.99$15,768
Aug 201103,39683.404.15$14,091
Jul 201103,22794.144.52$14,577
Jun 201103,62992.904.64$16,838
May 2011035998.134.40$1,581
Apr 201102,994105.964.33$12,974
Mar 201103,17796.364.06$12,890
Feb 20111812,79885.644.18$27,196
Jan 201103,14286.504.59$14,418
Dec 201003,35385.734.35$14,578
Nov 201003,08580.843.80$11,709
Oct 201003,60878.103.51$12,660
Sep 201002,01072.633.98$7,999
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201007870.364.91$383
May 2010028771.124.24$1,216
Apr 2010071181.694.12$2,931
Mar 2010019178.394.39$838
Feb 201006473.585.44$348
Jan 20101894,40074.365.96$40,296
Dec 200906,68371.445.48$36,648
Nov 200907,25274.593.75$27,206
Oct 200907,19472.544.11$29,569
Sep 200906,18665.543.06$18,959
Aug 200905,19667.423.22$16,723
Jul 200905,24661.133.46$18,175
Jun 20091754,10266.163.90$27,555
May 200904,54554.743.93$17,843
Apr 200904,69546.773.59$16,843
Mar 200904,33942.144.06$17,612
Feb 200903,93332.814.63$18,222
Jan 200904,69835.865.37$25,233
Dec 200804,75137.105.98$28,397
Nov 200804,54955.496.86$31,208
Oct 200805,34875.246.92$37,019
Sep 200805,384101.767.88$42,410
Aug 20081817,300114.228.48$82,600
Jul 200805,550131.0811.39$63,211
Jun 200806,081131.3313.03$79,251
May 200806,257123.1711.57$72,420
Apr 200806,129110.3110.45$64,078
Mar 200806,327101.909.66$61,145
Feb 20081875,71092.538.77$67,383
Jan 200806,48390.388.21$53,198
Dec 200705,41488.337.30$39,533
Nov 200705,81491.677.29$42,394
Oct 200706,13582.856.92$42,466
Sep 200706,37375.846.24$39,794
Aug 200707,93669.066.39$50,695
Jul 200706,85570.906.39$43,789
Jun 20071775,06962.007.55$49,237
May 200706,74458.747.85$52,915
Apr 200716,49759.617.81$50,770
Mar 200717,12256.927.30$52,062
Feb 20071866,51155.108.22$63,743
Jan 200707,43150.306.73$49,987
Dec 200607,90756.656.92$54,704
Nov 200616,48554.207.62$49,454
Oct 200648,11154.906.01$48,998
Sep 200605,98960.085.04$30,168
Aug 20061707,75368.717.34$68,587
Jul 200607,86969.376.34$49,911
Jun 200607,54766.286.38$48,179
May 200607,65266.016.42$49,164
Apr 200607,62664.397.36$56,131
Mar 200608,07656.707.08$57,202
Feb 20061477,54057.597.75$66,909
Jan 200628,44160.598.93$75,527
Dec 200527,96054.9413.42$106,896
Nov 200508,61754.6910.59$91,240
Oct 200518,29758.3413.80$114,522
Sep 200508,58461.4512.08$103,686
Aug 200509,43161.519.80$92,394
Jul 2005010,01455.697.84$78,546
Jun 2005139,79852.337.38$73,000
May 2005011,18745.226.65$74,407
Apr 20052211,72949.207.36$87,413
Mar 2005012,95350.377.15$92,677
Feb 2005011,37945.226.31$71,823
Jan 200501,20643.166.32$7,625
Dec 200405,77939.866.75$39,014
Nov 20041067,37845.286.33$51,506
Oct 200403,70349.706.52$24,125
Sep 200407,71943.245.28$40,786
Aug 200409,80242.375.55$54,408
Jul 2004010,14438.286.08$61,718
Jun 200408,95636.106.43$57,614
May 200409,79437.486.49$63,608
Apr 2004010,24634.475.86$60,026
Mar 2004011,26234.365.53$62,280
Feb 2004011,32632.455.51$62,402
Jan 200415812,93632.036.30$86,553
Dec 20039113,47430.266.30$87,662
Nov 2003013,04928.804.60$59,962
Oct 2003815,24128.174.76$72,767
Sep 200313016,49326.314.75$81,751
Aug 2003021,91829.765.13$112,433
Jul 200310935,22929.415.17$185,369
Jun 2003087628.565.98$5,241
May 200301526.595.97$90
Apr 200301226.675.41$65
Mar 2003591031.146.10$1,898
Feb 200301433.487.93$111
Jan 200301630.315.58$89
Dec 200202026.914.85$97
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020625.963.16$19
Jul 20020724.583.06$21
Jun 20020823.733.34$27
May 20020624.663.58$22
Apr 200201323.653.51$46
Mar 200204322.003.10$133
Feb 200271,40318.222.38$3,461
Jan 20021382,13317.172.38$7,437
Dec 200101,42616.932.36$3,372
Nov 20011373,80218.072.41$11,621
Oct 200103,36719.782.53$8,515
Sep 200136,31124.262.25$14,281
Aug 20011299,36524.873.05$31,801
Jul 2001866,36523.933.20$22,407
Jun 200115,78924.563.82$22,163
May 2001424,18525.524.31$19,098
Apr 20011128,63924.685.34$48,856
Mar 2001112,69024.545.38$68,252
Feb 200128816,49027.755.77$103,091
Jan 200113219,25227.478.40$165,319
Dec 200012020,89226.889.12$193,813
Nov 200011316,53132.215.66$97,172
Oct 200023626,93431.235.15$145,959
Sep 200014513,39331.875.19$74,084
Aug 2000914,97829.644.54$68,278
Jul 200012916,83028.534.09$72,511
Jun 200012519,62229.304.40$89,945
May 200012323,32927.263.68$89,198
Apr 200011232,64224.513.12$104,458
Mar 2000017,73028.422.86$50,703

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                1,124 Mcf  × $  3.05 =     $3,424

────────────────────────────────────────────────────
Month total                                   $3,424

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/178420 is the state's own key, not one this site invented.