WALDROP, MEW GU 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 190474District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Jul 2002 – May 2026
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
287
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 Gas222002-10-092 dockets
NGPA2none

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
CondensateDisposition7,751 bbl$403,399
GasProduction930,949 Mcf$4,794,256
Total$5,197,655

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 32.1565, -95.1300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15646, -95.13003 · 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
12,252 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 12,252 ft.

Completions filed
Jul 2002
1 of 1 wells

1 well

42-42331576212,252 ftJul 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 (287)

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

287 months

May 202671377106.413.05$8,703
Apr 2026070698.932.87$2,026
Mar 2026054789.753.15$1,723
Feb 2026056363.503.75$2,111
Jan 2026049759.138.00$3,975
Dec 2025064356.664.41$2,838
Nov 2025077758.593.93$3,051
Oct 2025085659.383.30$2,829
Sep 20256448262.743.08$5,498
Aug 202501,63563.933.01$4,929
Jul 202501,01666.743.32$3,368
Jun 2025195866.483.13$3,064
May 2025721,04160.553.23$7,724
Apr 202501,05662.363.54$3,742
Mar 202541,22967.704.27$5,517
Feb 2025171170.884.34$3,157
Jan 2025052874.324.28$2,259
Dec 202401,08368.993.12$3,380
Nov 202401,24769.052.20$2,741
Oct 2024861,01771.372.28$8,458
Sep 2024167169.612.36$1,656
Aug 2024181475.632.06$1,755
Jul 2024098479.932.15$2,112
Jun 2024290378.082.63$2,535
May 2024082078.812.20$1,803
Apr 20248034984.451.66$7,335
Mar 2024185380.301.55$1,398
Feb 2024071676.091.78$1,277
Jan 202401,00873.023.30$3,324
Dec 202311,18671.262.61$3,168
Nov 2023090577.892.81$2,541
Oct 2023070885.443.09$2,186
Sep 2023038489.042.74$1,050
Aug 2023035180.522.67$938
Jul 2023096974.852.64$2,560
Jun 202301,15468.962.26$2,606
May 202301,26970.622.23$2,827
Apr 202301,27878.122.24$2,860
Mar 2023751,31672.852.39$8,613
Feb 202311,18375.112.47$2,992
Jan 202301,35076.533.39$4,573
Dec 202201,39276.415.73$7,975
Nov 202201,02485.005.65$5,782
Oct 202201,43087.185.86$8,385
Sep 202201,44184.888.16$11,764
Aug 202201,64694.529.13$15,023
Jul 202211,659101.587.54$12,614
Jun 20221802115.097.98$6,513
May 20220163109.378.43$1,375
Apr 2022255104.226.84$585
Mar 2022192108.885.08$576
Feb 2022116291.054.86$878
Jan 20220081.844.54$0
Dec 2021032171.323.90$1,252
Nov 202111,11577.435.24$5,917
Oct 202121,13579.795.71$6,645
Sep 202111,17569.865.35$6,357
Aug 2021371,18866.024.22$7,457
Jul 2021104,03570.783.98$16,775
Jun 202111,54369.493.38$5,286
May 202101,78463.483.02$5,384
Apr 2021067360.362.76$1,856
Mar 202109061.302.72$245
Feb 20219716457.805.55$6,516
Jan 202105450.412.81$152
Dec 2020034644.642.68$926
Nov 202001,17238.772.71$3,172
Oct 202001,00536.972.48$2,491
Sep 202001,40137.091.99$2,789
Aug 202001,24139.982.39$2,960
Jul 202001,19038.371.83$2,172
Jun 202001,28634.901.69$2,174
May 202001,38116.921.81$2,506
Apr 202001,80314.751.80$3,253
Mar 202001,42230.341.86$2,640
Feb 2020038249.881.98$757
Jan 2020019157.252.09$400
Dec 2019078259.012.30$1,802
Nov 201901,45455.302.75$4,000
Oct 201901,73853.472.42$4,203
Sep 201901,20155.052.66$3,191
Aug 201901,21653.112.30$2,802
Jul 201901,21956.272.46$2,999
Jun 201901,34952.782.49$3,361
May 201901,30758.482.74$3,582
Apr 201901,59362.632.75$4,382
Mar 201911,56856.803.06$4,858
Feb 2019098150.852.79$2,739
Jan 2019089046.033.23$2,873
Dec 201801,55646.594.19$6,513
Nov 201801,27152.934.24$5,386
Oct 201801,55061.443.40$5,267
Sep 201801,72659.543.11$5,364
Aug 2018881,53059.403.07$9,919
Jul 201801,19865.142.93$3,512
Jun 201801,38460.183.08$4,258
May 201801,40165.382.90$4,064
Apr 201811,63463.842.90$4,804
Mar 201801,52061.222.79$4,236
Feb 201801,03161.782.77$2,852
Jan 201801,49962.874.01$6,010
Dec 201701,74557.272.92$5,098
Nov 201701,43555.423.12$4,475
Oct 2017761,75049.292.98$8,967
Sep 201701,69947.523.09$5,245
Aug 201701,81345.373.00$5,447
Jul 201701,43943.873.09$4,443
Jun 201701,62842.493.09$5,026
May 201701,74245.373.26$5,685
Apr 201701,78547.933.21$5,733
Mar 201701,87646.772.98$5,597
Feb 201701,60250.452.95$4,730
Jan 201701,23749.413.42$4,229
Dec 201601,43848.763.72$5,353
Nov 201601,88342.492.64$4,979
Oct 201602,03546.193.09$6,289
Sep 201601,38041.553.10$4,279
Aug 201601,31441.442.92$3,843
Jul 201601,81741.622.92$5,314
Jun 201601,88545.352.69$5,063
May 2016671,90342.521.99$6,638
Apr 201601,86436.561.99$3,711
Mar 201601,92633.011.79$3,455
Feb 201611,92526.472.06$3,999
Jan 201602,18727.352.36$5,171
Dec 201502,22632.362.00$4,455
Nov 2015752,30338.792.17$7,901
Oct 201502,02343.552.43$4,909
Sep 201502,30942.992.76$6,369
Aug 201502,45740.162.87$7,058
Jul 201502,32648.152.95$6,850
Jun 2015912,19456.152.88$11,435
May 201502,06055.212.96$6,088
Apr 201511,96949.822.71$5,379
Mar 201502,24942.892.93$6,600
Feb 201502,13544.662.98$6,354
Jan 20151262,13343.433.10$12,086
Dec 201402,29054.693.59$8,224
Nov 201402,44470.464.25$10,392
Oct 201402,28878.303.90$8,925
Sep 2014301,12986.164.05$7,152
Aug 201401,37089.394.04$5,528
Jul 201401,86396.564.18$7,787
Jun 2014361,89498.164.74$12,505
May 201401,79094.734.73$8,461
Apr 2014392,12595.944.81$13,961
Mar 201402,01395.895.06$10,179
Feb 2014631,88097.406.19$17,777
Jan 201402,14990.404.86$10,446
Dec 201301,62891.824.35$7,089
Nov 201301,96988.853.74$7,361
Oct 201302,05997.423.78$7,782
Sep 2013621,921104.113.72$13,597
Aug 201302,076104.253.52$7,313
Jul 201302,089102.523.72$7,766
Jun 2013571,78194.403.93$12,386
May 201302,89494.834.15$12,007
Apr 201302,08093.964.28$8,908
Mar 2013182,11293.623.91$9,949
Feb 201301,90391.233.42$6,508
Jan 2013312,06691.603.42$9,905
Dec 201202,07786.773.42$7,104
Nov 201202,00486.953.62$7,264
Oct 201202,02389.383.40$6,878
Sep 2012652,03294.672.92$12,084
Aug 201202,13192.662.91$6,197
Jul 201202,15285.133.02$6,501
Jun 2012472,12979.822.52$9,115
May 201202,33591.612.49$5,810
Apr 201202,156101.652.00$4,305
Mar 2012542,214105.052.22$10,592
Feb 2012462,082101.102.57$10,002
Jan 201202,25798.092.73$6,171
Dec 201102,28196.873.24$7,390
Nov 201102,21895.723.31$7,344
Oct 2011552,26784.983.65$12,945
Sep 201101,72283.623.99$6,864
Aug 2011612,18483.404.15$14,150
Jul 201102,00094.144.52$9,034
Jun 201101,98092.904.64$9,187
May 2011582,07898.134.40$14,845
Apr 201102,458105.964.33$10,651
Mar 201102,32996.364.06$9,450
Feb 2011532,25285.644.18$13,952
Jan 201102,58386.504.59$11,853
Dec 201002,59985.734.35$11,300
Nov 201002,56880.843.80$9,746
Oct 2010622,57378.103.51$13,871
Sep 201002,41572.633.98$9,610
Aug 201002,56573.684.42$11,336
Jul 2010602,62772.554.74$16,796
Jun 201002,72170.364.91$13,361
May 201002,99971.124.24$12,701
Apr 2010353,07681.694.12$15,541
Mar 201003,19778.394.39$14,031
Feb 2010323,01473.585.44$18,758
Jan 201003,22974.365.96$19,258
Dec 2009153,46771.445.48$20,084
Nov 200903,28174.593.75$12,309
Oct 2009373,59472.544.11$17,456
Sep 200903,17265.543.06$9,721
Aug 2009313,19867.423.22$12,383
Jul 200902,57161.133.46$8,907
Jun 2009382,38866.163.90$11,815
May 200903,27454.743.93$12,853
Apr 2009163,25246.773.59$12,415
Mar 20091413,45842.144.06$19,978
Feb 200903,04932.814.63$14,126
Jan 200903,38935.865.37$18,202
Dec 200803,84137.105.98$22,958
Nov 200803,83455.496.86$26,303
Oct 20081733,97375.246.92$40,518
Sep 200803,300101.767.88$25,994
Aug 200803,242114.228.48$27,502
Jul 200803,296131.0811.39$37,540
Jun 200803,753131.3313.03$48,911
May 200803,696123.1711.57$42,779
Apr 200803,849110.3110.45$40,241
Mar 20081773,280101.909.66$49,734
Feb 200803,02892.538.77$26,557
Jan 200804,06390.388.21$33,340
Dec 20071244,14088.337.30$41,183
Nov 200704,35391.677.29$31,741
Oct 20071774,47582.856.92$45,640
Sep 200704,41675.846.24$27,574
Aug 200704,90069.066.39$31,301
Jul 200704,83070.906.39$30,854
Jun 200703,60262.007.55$27,190
May 200704,76058.747.85$37,348
Apr 20071735,13959.617.81$50,423
Mar 200703,80556.927.30$27,784
Feb 200702,38455.108.22$19,587
Jan 20071884,56750.306.73$40,178
Dec 200605,14056.656.92$35,561
Nov 200602,81754.207.62$21,458
Oct 200604,55754.906.01$27,405
Sep 200604,71760.085.04$23,760
Aug 200605,11068.717.34$37,507
Jul 200605,66269.376.34$35,913
Jun 200605,38966.286.38$34,403
May 200605,70766.016.42$36,667
Apr 20061525,85964.397.36$52,912
Mar 20061685,19356.707.08$46,307
Feb 200605,66457.597.75$43,902
Jan 200603,84460.598.93$34,340
Dec 200544,67154.9413.42$62,883
Nov 200534,65054.6910.59$49,400
Oct 20051765,10758.3413.80$80,723
Sep 200555,84061.4512.08$70,849
Aug 2005106,89661.519.80$68,174
Jul 200504,86155.697.84$38,128
Jun 20051823,82352.337.38$37,742
May 20051097,06645.226.65$51,926
Apr 20051835,98749.207.36$53,071
Mar 200515,04150.377.15$36,118
Feb 200502,80345.226.31$17,692
Jan 200527,10543.166.32$45,006
Dec 20041966,83239.866.75$53,936
Nov 200416,02645.286.33$38,192
Oct 200416,60249.706.52$43,062
Sep 200427,55143.245.28$39,985
Aug 200418,57942.375.55$47,661
Jul 20041717,22138.286.08$50,480
Jun 200428,67436.106.43$55,872
May 20041807,99537.486.49$58,671
Apr 200449,01834.475.86$52,969
Mar 200428,70034.365.53$48,181
Feb 20041828,26532.455.51$51,443
Jan 20041737,62632.036.30$53,582
Dec 200339,38430.266.30$59,225
Nov 200328,26528.804.60$38,037
Oct 200329,93128.174.76$47,324
Sep 2003011,42626.314.75$54,266
Aug 20031879,77129.765.13$55,688
Jul 200338,41829.415.17$43,616
Jun 20031847,81128.565.98$51,988
May 2003610,88926.595.97$65,196
Apr 200319111,96626.675.41$69,797
Mar 200318611,35931.146.10$75,037
Feb 2003012,18633.487.93$96,585
Jan 200318913,89130.315.58$83,269
Dec 200218215,52226.914.85$80,238
Nov 200218815,68124.664.14$69,508
Oct 200218619,74126.464.23$88,409
Sep 200236525,66127.443.64$103,298
Aug 200238334,86125.963.16$120,248
Jul 200218739,23624.583.06$124,728

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            71 bbl  × $106.41 =     $7,555
Gas                  377 Mcf  × $  3.05 =     $1,148

────────────────────────────────────────────────────
Month total                                   $8,703

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/190474 is the state's own key, not one this site invented.