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 196580District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jul 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
275
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 Gas112003-11-14153758
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
CondensateDisposition13,968 bbl$761,056
GasProduction876,921 Mcf$4,928,914
Total$5,689,971

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 32.1630, -95.1303. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16296, -95.13028 · 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
12,225 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 12,225 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-42331616312,225 ftJul 2003

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 (275)

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

275 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 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 201821052.934.24$1,112
Oct 20180061.443.40$0
Sep 201801,23259.543.11$3,829
Aug 20181771,37859.403.07$14,740
Jul 201801,58665.142.93$4,650
Jun 201801,55460.183.08$4,782
May 201801,62465.382.90$4,711
Apr 201811,60163.842.90$4,708
Mar 201801,61761.222.79$4,506
Feb 201801,50861.782.77$4,171
Jan 201801,24462.874.01$4,988
Dec 201701,53557.272.92$4,485
Nov 201701,26155.423.12$3,932
Oct 20171751,47349.292.98$13,021
Sep 201701,71347.523.09$5,289
Aug 201701,27745.373.00$3,837
Jul 201701,52243.873.09$4,699
Jun 201702,02142.493.09$6,239
May 201701,50845.373.26$4,921
Apr 201711,71147.933.21$5,543
Mar 201701,75146.772.98$5,224
Feb 201721,54550.452.95$4,663
Jan 20171821,77349.413.42$15,054
Dec 201601,77748.763.72$6,615
Nov 201621,60542.492.64$4,329
Oct 201601,79846.193.09$5,556
Sep 201601,77141.553.10$5,491
Aug 201622,01941.442.92$5,987
Jul 201611,72441.622.92$5,083
Jun 201601,85045.352.69$4,969
May 201611,92142.521.99$3,867
Apr 201601,92036.561.99$3,823
Mar 201602,06733.011.79$3,708
Feb 20161811,41126.472.06$7,703
Jan 201602,55627.352.36$6,043
Dec 201511,93632.362.00$3,907
Nov 201501,98138.792.17$4,293
Oct 201502,34843.552.43$5,698
Sep 201502,33842.992.76$6,449
Aug 201512,27540.162.87$6,575
Jul 201502,53548.152.95$7,466
Jun 201512,53356.152.88$7,358
May 20151782,32855.212.96$16,708
Apr 201512,38949.822.71$6,516
Mar 201502,37142.892.93$6,958
Feb 201501,85144.662.98$5,509
Jan 201501,84443.433.10$5,718
Dec 201401,64754.693.59$5,915
Nov 20141751,55770.464.25$18,951
Oct 201402,24578.303.90$8,758
Sep 201402,13586.164.05$8,637
Aug 201402,21289.394.04$8,926
Jul 201402,38496.564.18$9,964
Jun 2014952,18498.164.74$19,671
May 201401,85994.734.73$8,787
Apr 201402,17595.944.81$10,460
Mar 201412,17295.895.06$11,079
Feb 201401,89297.406.19$11,715
Jan 20141742,15890.404.86$26,219
Dec 201302,15491.824.35$9,380
Nov 201302,03088.853.74$7,589
Oct 201312,11197.423.78$8,076
Sep 201302,180104.113.72$8,105
Aug 201302,399104.253.52$8,451
Jul 20131902,290102.523.72$27,992
Jun 201302,34794.403.93$9,232
May 201302,53194.834.15$10,501
Apr 201302,43693.964.28$10,432
Mar 201312,21993.623.91$8,776
Feb 201302,23991.233.42$7,657
Jan 20131642,45691.603.42$23,422
Dec 201212,43186.773.42$8,401
Nov 201202,33086.953.62$8,446
Oct 201202,51189.383.40$8,537
Sep 201202,54894.672.92$7,436
Aug 20121862,69992.662.91$25,084
Jul 201202,70085.133.02$8,156
Jun 201202,66679.822.52$6,716
May 201202,92991.612.49$7,288
Apr 201202,711101.652.00$5,413
Mar 201203,058105.052.22$6,795
Feb 201202,971101.102.57$7,636
Jan 201202,94498.092.73$8,049
Dec 201103,31196.873.24$10,727
Nov 20111913,22995.723.31$28,975
Oct 201102,63984.983.65$9,629
Sep 201101,62983.623.99$6,493
Aug 201102,60983.404.15$10,826
Jul 201102,33494.144.52$10,543
Jun 20111772,63492.904.64$28,665
May 201102,82198.134.40$12,426
Apr 201102,190105.964.33$9,490
Mar 201102,44596.364.06$9,920
Feb 201102,34185.644.18$9,785
Jan 20111852,41086.504.59$27,061
Dec 201002,56685.734.35$11,156
Nov 201002,50180.843.80$9,492
Oct 201002,53278.103.51$8,885
Sep 201002,65672.633.98$10,569
Aug 20101902,75973.684.42$26,192
Jul 201002,68372.554.74$12,708
Jun 201002,80470.364.91$13,769
May 201002,77071.124.24$11,732
Apr 20101892,72681.694.12$26,678
Mar 201003,38078.394.39$14,834
Feb 201003,20273.585.44$17,426
Jan 201003,10174.365.96$18,495
Dec 20091783,67871.445.48$32,886
Nov 200903,47974.593.75$13,051
Oct 200903,78772.544.11$15,566
Sep 200903,82465.543.06$11,720
Aug 20091773,74967.423.22$24,000
Jul 200903,08961.133.46$10,702
Jun 200903,25466.163.90$12,674
May 20091623,30054.743.93$21,823
Apr 200903,22546.773.59$11,570
Mar 200903,42942.144.06$13,918
Feb 20091793,39732.814.63$21,611
Jan 200904,01835.865.37$21,581
Dec 200803,68337.105.98$22,014
Nov 20081784,24455.496.86$38,993
Oct 200803,77575.246.92$26,130
Sep 200803,782101.767.88$29,791
Aug 20081693,869114.228.48$52,124
Jul 200803,572131.0811.39$40,683
Jun 20081803,555131.3313.03$69,970
May 200803,460123.1711.57$40,047
Apr 200803,806110.3110.45$39,791
Mar 20081723,933101.909.66$55,536
Feb 200802,97492.538.77$26,084
Jan 20081882,94690.388.21$41,166
Dec 200703,21388.337.30$23,461
Nov 200703,27391.677.29$23,866
Oct 200703,48882.856.92$24,144
Sep 20071753,47975.846.24$34,995
Aug 200704,37869.066.39$27,966
Jul 20071834,61670.906.39$42,461
Jun 200704,49362.007.55$33,915
May 20071835,06458.747.85$50,483
Apr 200705,05259.617.81$39,432
Mar 20072075,70956.927.30$53,469
Feb 200704,45055.108.22$36,561
Jan 200704,66050.306.73$31,347
Dec 20061905,74156.656.92$50,482
Nov 200602,95054.207.62$22,472
Oct 200605,23954.906.01$31,506
Sep 20061716,28860.085.04$41,948
Aug 20061954,66068.717.34$47,602
Jul 200605,37769.376.34$34,105
Jun 20061965,29366.286.38$46,781
May 200605,79666.016.42$37,239
Apr 20061745,71464.397.36$53,262
Mar 20061934,65756.707.08$43,928
Feb 20061814,48757.597.75$45,203
Jan 20063433,33260.598.93$50,548
Dec 20053716,88854.9413.42$112,788
Nov 20051515,03254.6910.59$61,539
Oct 200515,66658.3413.80$78,225
Sep 20051787,07761.4512.08$96,421
Aug 20051497,58261.519.80$83,445
Jul 20051764,71055.697.84$46,745
Jun 20051806,84052.337.38$59,906
May 20051808,54945.226.65$65,000
Apr 200527,79049.207.36$57,437
Mar 20051559,59250.377.15$76,437
Feb 20051876,72145.226.31$50,879
Jan 200518110,92143.166.32$76,857
Dec 200416111,09739.866.75$81,334
Nov 2004211,58345.286.33$73,416
Oct 200418412,19649.706.52$88,603
Sep 200415712,67043.245.28$73,736
Aug 200417914,68542.375.55$89,096
Jul 200418615,31938.286.08$100,324
Jun 200436415,63136.106.43$113,695
May 200417715,81537.486.49$109,346
Apr 200418617,32534.475.86$107,909
Mar 2004319,43534.365.53$107,581
Feb 200454117,16332.455.51$112,117
Jan 200419016,59432.036.30$110,622
Dec 200337222,61430.266.30$153,762
Nov 200337225,25428.804.60$126,760
Oct 200335428,23528.174.76$144,361
Sep 200373337,88026.314.75$199,191
Aug 20031,07464,73329.765.13$364,024
Jul 200303,72329.415.17$19,251

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.

Nov 2018 — as filed, then multipliedworked
Condensate            21 bbl  × $ 52.93 =     $1,112
Gas                    0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                   $1,112

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/196580 is the state's own key, not one this site invented.