SMITH, T.W. GAS UNIT NO. 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 189499District 06Field 783305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Mar 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
291
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 Gas112002-08-23148643
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
CondensateDisposition2,651 bbl$100,391
GasProduction624,632 Mcf$3,319,319
Total$3,419,710

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 32.7987, -95.0413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.79869, -95.04126 · 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
10,985 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 10,985 ft.

Completions filed
Mar 2002
1 of 1 wells

1 well

42-45931090410,985 ftMar 2002

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 (291)

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

291 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 20242078.082.63$156
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 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180265.142.93$6
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201801361.222.79$36
Feb 20180061.782.77$0
Jan 2018068162.874.01$2,730
Dec 201701,00157.272.92$2,924
Nov 2017093055.423.12$2,900
Oct 2017098049.292.98$2,924
Sep 201701,03747.523.09$3,202
Aug 201701,13745.373.00$3,416
Jul 201701,42843.873.09$4,409
Jun 201701,71242.493.09$5,285
May 201701,78245.373.26$5,815
Apr 201701,36947.933.21$4,397
Mar 201701,67246.772.98$4,989
Feb 201701,42450.452.95$4,205
Jan 201701,56949.413.42$5,364
Dec 201601,60148.763.72$5,960
Nov 201601,66142.492.64$4,392
Oct 201611,83646.193.09$5,720
Sep 201611,84741.553.10$5,768
Aug 201601,84741.442.92$5,401
Jul 201601,98441.622.92$5,802
Jun 201611,69845.352.69$4,606
May 201601,91342.521.99$3,809
Apr 201611,82736.561.99$3,674
Mar 201601,81433.011.79$3,254
Feb 201601,81826.472.06$3,752
Jan 201602,09127.352.36$4,944
Dec 201502,09432.362.00$4,191
Nov 201501,95838.792.17$4,244
Oct 201501,93343.552.43$4,691
Sep 201501,99742.992.76$5,509
Aug 201502,09140.162.87$6,006
Jul 201502,17848.152.95$6,414
Jun 201501,98656.152.88$5,725
May 201501,81755.212.96$5,370
Apr 201501,98049.822.71$5,359
Mar 201502,12242.892.93$6,227
Feb 201501,96344.662.98$5,842
Jan 201502,16143.433.10$6,700
Dec 201402,08454.693.59$7,484
Nov 201402,05870.464.25$8,750
Oct 201401,62578.303.90$6,339
Sep 201401,81786.164.05$7,351
Aug 201401,78589.394.04$7,203
Jul 201402,18796.564.18$9,141
Jun 201401,98698.164.74$9,407
May 201401,45394.734.73$6,868
Apr 201402,20695.944.81$10,609
Mar 201432,53095.895.06$13,081
Feb 201412,05097.406.19$12,791
Jan 201402,04290.404.86$9,926
Dec 201341,84891.824.35$8,414
Nov 201301,91488.853.74$7,155
Oct 201302,04697.423.78$7,733
Sep 201302,074104.113.72$7,711
Aug 201301,959104.253.52$6,901
Jul 201301,312102.523.72$4,878
Jun 201301,92394.403.93$7,564
May 201332,11094.834.15$9,039
Apr 201302,42393.964.28$10,377
Mar 201321,99093.623.91$7,974
Feb 201301,78191.233.42$6,091
Jan 201302,00591.603.42$6,857
Dec 201202,02586.773.42$6,926
Nov 201201,78686.953.62$6,474
Oct 201202,10889.383.40$7,167
Sep 201201,97494.672.92$5,761
Aug 201202,35692.662.91$6,852
Jul 201242,09985.133.02$6,681
Jun 201201,71379.822.52$4,315
May 201231,85191.612.49$4,881
Apr 201201,931101.652.00$3,856
Mar 201202,071105.052.22$4,602
Feb 201202,146101.102.57$5,516
Jan 201202,27298.092.73$6,212
Dec 201102,31196.873.24$7,487
Nov 201102,29595.723.31$7,599
Oct 201102,11984.983.65$7,731
Sep 201102,37483.623.99$9,462
Aug 201102,29983.404.15$9,539
Jul 201102,55894.144.52$11,555
Jun 201102,35092.904.64$10,904
May 201102,34698.134.40$10,334
Apr 201102,410105.964.33$10,443
Mar 201132,44396.364.06$10,201
Feb 201101,89285.644.18$7,909
Jan 201102,20286.504.59$10,104
Dec 201002,31785.734.35$10,074
Nov 201002,34580.843.80$8,900
Oct 201002,39778.103.51$8,411
Sep 201002,44672.633.98$9,734
Aug 201002,49073.684.42$11,004
Jul 201002,76972.554.74$13,115
Jun 201002,60570.364.91$12,792
May 201002,95971.124.24$12,532
Apr 201002,74681.694.12$11,321
Mar 201002,69378.394.39$11,819
Feb 201001,91073.585.44$10,395
Jan 201002,71374.365.96$16,181
Dec 200902,61171.445.48$14,318
Nov 200903,14074.593.75$11,780
Oct 200902,75972.544.11$11,340
Sep 200902,49765.543.06$7,653
Aug 200902,68267.423.22$8,632
Jul 200902,52861.133.46$8,758
Jun 200902,50666.163.90$9,761
May 200902,47254.743.93$9,704
Apr 200902,32246.773.59$8,330
Mar 200902,41742.144.06$9,811
Feb 200902,23132.814.63$10,336
Jan 200902,19135.865.37$11,768
Dec 200802,56137.105.98$15,307
Nov 200802,58655.496.86$17,741
Oct 200802,68975.246.92$18,613
Sep 200802,599101.767.88$20,473
Aug 200802,607114.228.48$22,115
Jul 200803,002131.0811.39$34,191
Jun 200802,607131.3313.03$33,976
May 200803,248123.1711.57$37,593
Apr 200802,564110.3110.45$26,806
Mar 200802,961101.909.66$28,615
Feb 200802,92292.538.77$25,628
Jan 200803,31790.388.21$27,218
Dec 200723,18888.337.30$23,455
Nov 200703,33091.677.29$24,281
Oct 200733,14582.856.92$22,018
Sep 200702,48275.846.24$15,498
Aug 200702,59269.066.39$16,558
Jul 200703,07370.906.39$19,630
Jun 200703,12162.007.55$23,559
May 200703,04858.747.85$23,915
Apr 200722,01559.617.81$15,847
Mar 200704,05756.927.30$29,624
Feb 200702,35555.108.22$19,349
Jan 2007802,85850.306.73$23,249
Dec 200602,40656.656.92$16,646
Nov 200613,99354.207.62$30,471
Oct 200612,83054.906.01$17,074
Sep 200603,72060.085.04$18,738
Aug 20061744,35368.717.34$43,906
Jul 200613,28269.376.34$20,886
Jun 200603,46866.286.38$22,139
May 200623,33866.016.42$21,579
Apr 200623,63264.397.36$26,862
Mar 20061393,94656.707.08$35,831
Feb 200623,94157.597.75$30,662
Jan 200614,28660.598.93$38,349
Dec 20051634,58354.9413.42$70,438
Nov 200534,11754.6910.59$43,757
Oct 200503,53458.3413.80$48,754
Sep 200523,96561.4512.08$48,016
Aug 200503,87561.519.80$37,963
Jul 200504,35155.697.84$34,128
Jun 200504,17752.337.38$30,831
May 200503,88445.226.65$25,833
Apr 20051464,01349.207.36$36,721
Mar 200503,89150.377.15$27,840
Feb 200513,38445.226.31$21,405
Jan 200514,00943.166.32$25,389
Dec 2004654,13239.866.75$30,486
Nov 200404,22945.286.33$26,771
Oct 20041394,32249.706.52$35,067
Sep 200404,68943.245.28$24,776
Aug 200404,92642.375.55$27,343
Jul 200406,77538.286.08$41,220
Jun 200405,55136.106.43$35,710
May 200405,16637.486.49$33,551
Apr 200405,70334.475.86$33,411
Mar 20041275,81934.365.53$36,544
Feb 200405,33332.455.51$29,383
Jan 200404,87232.036.30$30,692
Dec 20031826,33530.266.30$45,428
Nov 200304,62728.804.60$21,262
Oct 200305,36128.174.76$25,516
Sep 200306,77826.314.75$32,191
Aug 200306,78129.765.13$34,785
Jul 200307,71129.415.17$39,872
Jun 20031757,83428.565.98$51,869
May 200307,48426.595.97$44,700
Apr 200307,88626.675.41$42,642
Mar 20031768,35231.146.10$56,395
Feb 200307,72533.487.93$61,227
Jan 20031709,10730.315.58$55,988
Dec 200208,49526.914.85$41,233
Nov 20021709,32724.664.14$42,778
Oct 200217610,50226.464.23$49,071
Sep 200209,11427.443.64$33,131
Aug 2002012,08125.963.16$38,226
Jul 200217112,73424.583.06$43,192
Jun 200217112,76923.733.34$46,684
May 200217416,55124.663.58$63,610
Apr 20020023.653.51$0
Mar 200202,81722.003.10$8,740

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.

Jun 2024 — as filed, then multipliedworked
Condensate             2 bbl  × $ 78.08 =       $156
Gas                    0 Mcf  × $  2.63 =         $0

────────────────────────────────────────────────────
Month total                                     $156

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/189499 is the state's own key, not one this site invented.