LEARD #1

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

Gas lease lease 180931District 06Field 783305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Jan 2001 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
305
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 188 leases and 188 wells, and the rule below applies to all of them.

Discovered
1975-11-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1999-07-27.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112001-03-12143236
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
CondensateDisposition6,121 bbl$316,954
GasProduction885,090 Mcf$4,324,201
Total$4,641,155

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 32.7408, -95.0599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74077, -95.05991 · 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
10,598 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 10,598 ft.

Completions filed
Jan 2001
1 of 1 wells

1 well

42-45931029610,598 ftJan 2001

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 (305)

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

305 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 202409976.091.78$177
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230185.443.09$3
Sep 20230089.042.74$0
Aug 202313032380.522.67$11,331
Jul 202301,62274.852.64$4,285
Jun 2023062668.962.26$1,414
May 2023066570.622.23$1,481
Apr 2023063878.122.24$1,428
Mar 2023046972.852.39$1,122
Feb 2023055975.112.47$1,378
Jan 2023066776.533.39$2,260
Dec 2022059876.415.73$3,426
Nov 2022062085.005.65$3,501
Oct 2022060087.185.86$3,518
Sep 2022069184.888.16$5,641
Aug 2022068194.529.13$6,216
Jul 20220625101.587.54$4,714
Jun 20220889115.097.98$7,092
May 20220258109.378.43$2,176
Apr 20220618104.226.84$4,226
Mar 20220690108.885.08$3,503
Feb 2022058891.054.86$2,857
Jan 2022076781.844.54$3,480
Dec 2021069871.323.90$2,722
Nov 2021068877.435.24$3,603
Oct 2021072779.795.71$4,154
Sep 2021077069.865.35$4,120
Aug 2021082266.024.22$3,469
Jul 2021078170.783.98$3,110
Jun 2021069069.493.38$2,333
May 2021065663.483.02$1,980
Apr 2021072960.362.76$2,011
Mar 202117376561.302.72$12,683
Feb 2021065257.805.55$3,617
Jan 2021077250.412.81$2,170
Dec 2020077044.642.68$2,060
Nov 2020075138.772.71$2,033
Oct 2020080236.972.48$1,988
Sep 2020062137.091.99$1,236
Aug 2020081539.982.39$1,944
Jul 2020079738.371.83$1,455
Jun 2020076334.901.69$1,290
May 2020077216.921.81$1,401
Apr 2020075814.751.80$1,368
Mar 2020080230.341.86$1,489
Feb 2020072249.881.98$1,430
Jan 2020079257.252.09$1,659
Dec 2019080359.012.30$1,850
Nov 2019077555.302.75$2,132
Oct 2019083053.472.42$2,007
Sep 2019080055.052.66$2,126
Aug 2019088253.112.30$2,032
Jul 2019087756.272.46$2,157
Jun 2019079452.782.49$1,978
May 2019080858.482.74$2,214
Apr 2019078662.632.75$2,162
Mar 2019086356.803.06$2,643
Feb 2019079950.852.79$2,231
Jan 2019098546.033.23$3,180
Dec 2018094346.594.19$3,947
Nov 201817791452.934.24$13,241
Oct 2018084361.443.40$2,865
Sep 2018081059.543.11$2,517
Aug 201801,03359.403.07$3,168
Jul 2018090665.142.93$2,656
Jun 2018088460.183.08$2,720
May 2018089665.382.90$2,599
Apr 2018093963.842.90$2,724
Mar 201801,04361.222.79$2,907
Feb 201801,02861.782.77$2,844
Jan 201801,10062.874.01$4,410
Dec 201702,26857.272.92$6,626
Nov 201701,51655.423.12$4,727
Oct 201701,12449.292.98$3,354
Sep 201701,05347.523.09$3,251
Aug 201701,04445.373.00$3,137
Jul 2017095743.873.09$2,955
Jun 2017094842.493.09$2,927
May 201701,02845.373.26$3,355
Apr 2017097447.933.21$3,128
Mar 201701,05546.772.98$3,148
Feb 201701,09450.452.95$3,230
Jan 201701,31149.413.42$4,482
Dec 20161801,57648.763.72$14,644
Nov 201601,27642.492.64$3,374
Oct 201601,18346.193.09$3,656
Sep 201601,15241.553.10$3,572
Aug 201601,48341.442.92$4,337
Jul 201601,07041.622.92$3,129
Jun 201601,07745.352.69$2,893
May 2016084542.521.99$1,682
Apr 201601,03036.561.99$2,051
Mar 201601,00433.011.79$1,801
Feb 201601,20126.472.06$2,478
Jan 201601,15427.352.36$2,728
Dec 20151801,02632.362.00$7,878
Nov 2015094538.792.17$2,048
Oct 201501,01843.552.43$2,470
Sep 2015093642.992.76$2,582
Aug 2015091340.162.87$2,623
Jul 201501,06348.152.95$3,131
Jun 201501,01656.152.88$2,929
May 201501,17055.212.96$3,458
Apr 2015097149.822.71$2,628
Mar 201501,09142.892.93$3,202
Feb 201501,00844.662.98$3,000
Jan 201501,12043.433.10$3,473
Dec 201401,19754.693.59$4,299
Nov 201401,76370.464.25$7,496
Oct 20141621,82578.303.90$19,804
Sep 201401,06586.164.05$4,308
Aug 201401,02389.394.04$4,128
Jul 201401,45096.564.18$6,060
Jun 201401,38898.164.74$6,575
May 201401,26694.734.73$5,984
Apr 201401,07895.944.81$5,184
Mar 201401,15795.895.06$5,851
Feb 201401,04597.406.19$6,471
Jan 201401,26690.404.86$6,154
Dec 201301,73391.824.35$7,546
Nov 201311,24188.853.74$4,728
Oct 201303,22697.423.78$12,192
Sep 201302,459104.113.72$9,142
Aug 201302,904104.253.52$10,230
Jul 201303,534102.523.72$13,138
Jun 201303,55894.403.93$13,995
May 201332,27894.834.15$9,736
Apr 20131593,59093.964.28$30,314
Mar 201303,53893.623.91$13,844
Feb 201302,75391.233.42$9,415
Jan 201301,58491.603.42$5,417
Dec 201202,44986.773.42$8,376
Nov 201203,49386.953.62$12,662
Oct 201203,16389.383.40$10,753
Sep 201203,63594.672.92$10,608
Aug 20121973,49192.662.91$28,406
Jul 201203,12285.133.02$9,431
Jun 201202,53779.822.52$6,391
May 201234,54091.612.49$11,572
Apr 201203,890101.652.00$7,768
Mar 201203,059105.052.22$6,797
Feb 201203,595101.102.57$9,240
Jan 20121334,51698.092.73$25,393
Dec 201104,54396.873.24$14,718
Nov 201104,37595.723.31$14,487
Oct 201102,85784.983.65$10,424
Sep 201103,43783.623.99$13,699
Aug 201103,73583.404.15$15,498
Jul 201105,06994.144.52$22,898
Jun 201103,30092.904.64$15,312
May 201103,74798.134.40$16,505
Apr 20111753,529105.964.33$33,835
Mar 201135,11596.364.06$21,042
Feb 201105,23285.644.18$21,870
Jan 201103,63686.504.59$16,685
Dec 201005,70185.734.35$24,787
Nov 201002,60780.843.80$9,894
Oct 201003,62178.103.51$12,706
Sep 20101903,56172.633.98$27,971
Aug 201003,95273.684.42$17,465
Jul 201004,11972.554.74$19,510
Jun 201002,82970.364.91$13,892
May 201004,26971.124.24$18,080
Apr 201003,65081.694.12$15,048
Mar 201004,31878.394.39$18,950
Feb 201003,49673.585.44$19,026
Jan 201003,66474.365.96$21,852
Dec 200905,33371.445.48$29,245
Nov 20091864,11474.593.75$29,307
Oct 200905,23072.544.11$21,497
Sep 200905,18265.543.06$15,882
Aug 200904,41667.423.22$14,213
Jul 200902,32061.133.46$8,038
Jun 200901,22166.163.90$4,756
May 200901,72654.743.93$6,776
Apr 20091601,67746.773.59$13,499
Mar 200901,53042.144.06$6,210
Feb 200901,23432.814.63$5,717
Jan 200901,58735.865.37$8,524
Dec 200801,48237.105.98$8,858
Nov 200801,64755.496.86$11,299
Oct 200801,74375.246.92$12,065
Sep 200801,770101.767.88$13,942
Aug 20081781,861114.228.48$36,118
Jul 200801,845131.0811.39$21,014
Jun 200801,701131.3313.03$22,169
May 200801,672123.1711.57$19,352
Apr 200801,369110.3110.45$14,313
Mar 200801,757101.909.66$16,980
Feb 200802,13492.538.77$18,716
Jan 200802,62890.388.21$21,565
Dec 200721,83788.337.30$13,590
Nov 20071692,10491.677.29$30,834
Oct 200703,38882.856.92$23,452
Sep 200702,47475.846.24$15,448
Aug 200703,60969.066.39$23,054
Jul 200724,11370.906.39$26,415
Jun 200704,23062.007.55$31,930
May 200704,15458.747.85$32,593
Apr 200702,77859.617.81$21,683
Mar 20071724,02556.927.30$39,181
Feb 200704,87355.108.22$40,037
Jan 200724,35550.306.73$29,396
Dec 2006852,95956.656.92$25,287
Nov 200602,57054.207.62$19,577
Oct 200602,30154.906.01$13,838
Sep 200602,01760.085.04$10,160
Aug 2006592,18768.717.34$20,106
Jul 200602,32769.376.34$14,760
Jun 200602,88966.286.38$18,443
May 200603,70866.016.42$23,824
Apr 20061704,31164.397.36$42,677
Mar 200605,83056.707.08$41,293
Feb 200626,47057.597.75$50,265
Jan 200616,61160.598.93$59,119
Dec 20051775,70054.9413.42$86,192
Nov 200503,35454.6910.59$35,513
Oct 200502,45058.3413.80$33,800
Sep 200502,31461.4512.08$27,951
Aug 200502,66861.519.80$26,138
Jul 200503,50255.697.84$27,468
Jun 200505,54152.337.38$40,898
May 20051795,56445.226.65$45,101
Apr 200503,61449.207.36$26,601
Mar 200505,71350.377.15$40,876
Feb 200504,95245.226.31$31,257
Jan 200505,51943.166.32$34,892
Dec 20041785,91339.866.75$47,014
Nov 200406,34945.286.33$40,192
Oct 200406,80649.706.52$44,342
Sep 200406,25543.245.28$33,051
Aug 200406,48242.375.55$35,979
Jul 20041766,42338.286.08$45,816
Jun 200405,81136.106.43$37,382
May 200405,54837.486.49$36,032
Apr 200404,74234.475.86$27,781
Mar 200404,97134.365.53$27,490
Feb 2004865,90532.455.51$35,325
Jan 200407,07732.036.30$44,583
Dec 20031947,27130.266.30$51,690
Nov 200307,12328.804.60$32,731
Oct 200307,23828.174.76$34,450
Sep 200307,25926.314.75$34,476
Aug 2003627,77629.765.13$41,734
Jul 200306,89429.415.17$35,648
Jun 20031757,98228.565.98$52,754
May 200308,43426.595.97$50,374
Apr 200308,39226.675.41$45,378
Mar 200309,34631.146.10$56,974
Feb 20031689,68333.487.93$82,371
Jan 2003010,28630.315.58$57,417
Dec 20026410,38726.914.85$52,138
Nov 200219010,78424.664.14$49,298
Oct 2002012,13226.464.23$51,308
Sep 2002011,36727.443.64$41,321
Aug 2002011,68425.963.16$36,970
Jul 200217610,63224.583.06$36,879
Jun 2002011,34023.733.34$37,856
May 2002012,62524.663.58$45,248
Apr 20021848,79623.653.51$35,246
Mar 200208,85922.003.10$27,487
Feb 200208,14018.222.38$19,338
Jan 20021799,54217.172.38$25,742
Dec 200108,15216.932.36$19,275
Nov 200106,98418.072.41$16,800
Oct 20011798,82619.782.53$25,861
Sep 2001010,81424.262.25$24,346
Aug 2001011,21424.873.05$34,238
Jul 200117711,57723.933.20$41,248
Jun 2001010,15924.563.82$38,850
May 200116211,26125.524.31$52,639
Apr 200117610,30724.685.34$59,335
Mar 200109,89424.545.38$53,195
Feb 200118510,49527.755.77$65,659
Jan 200107,94027.478.40$66,686

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.

Feb 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.09 =         $0
Gas                   99 Mcf  × $  1.78 =       $177

────────────────────────────────────────────────────
Month total                                     $177

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/180931 is the state's own key, not one this site invented.