WRIGHT GAS UNIT 1

Name: WRIGHT GAS UNIT 1 lease production and value, Aug 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 197458District 06Field 678491502 tax incentive programmesCondensateGasSave Export

Value, all time

$4.0 M

Aug 2003 – May 2021

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

214

no gaps in the span

Streams

condensate, gas

The OVERTON (COTTON VALLEY SAND) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2003-12-11	154177
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,883 bbl	$95,542
Gas	Production	679,735 Mcf	$3,913,521
Total			$4,009,063

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 32.2032, -95.0532. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20315, -95.05315 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

11,730 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

1100.0%

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.

00.0%

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 11,730 ft.

Completions filed

May 2021

1 of 1 wells

1 well


42-42331656	4	11,730 ft	May 2021	—	Yes

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 (214)

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

214 months


May 2021	6	0	63.48	3.02	$381
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	98	57.80	5.55	$544
Jan 2021	0	664	50.41	2.81	$1,866
Dec 2020	0	157	44.64	2.68	$420
Nov 2020	0	167	38.77	2.71	$452
Oct 2020	0	181	36.97	2.48	$449
Sep 2020	0	193	37.09	1.99	$384
Aug 2020	0	192	39.98	2.39	$458
Jul 2020	0	195	38.37	1.83	$356
Jun 2020	0	204	34.90	1.69	$345
May 2020	0	333	16.92	1.81	$604
Apr 2020	0	690	14.75	1.80	$1,245
Mar 2020	0	802	30.34	1.86	$1,489
Feb 2020	1	562	49.88	1.98	$1,163
Jan 2020	0	639	57.25	2.09	$1,339
Dec 2019	0	768	59.01	2.30	$1,770
Nov 2019	0	745	55.30	2.75	$2,049
Oct 2019	0	896	53.47	2.42	$2,167
Sep 2019	0	804	55.05	2.66	$2,136
Aug 2019	0	786	53.11	2.30	$1,811
Jul 2019	0	971	56.27	2.46	$2,389
Jun 2019	0	664	52.78	2.49	$1,654
May 2019	0	739	58.48	2.74	$2,025
Apr 2019	0	690	62.63	2.75	$1,898
Mar 2019	2	841	56.80	3.06	$2,689
Feb 2019	0	728	50.85	2.79	$2,033
Jan 2019	0	778	46.03	3.23	$2,512
Dec 2018	0	761	46.59	4.19	$3,185
Nov 2018	0	819	52.93	4.24	$3,470
Oct 2018	0	814	61.44	3.40	$2,766
Sep 2018	0	819	59.54	3.11	$2,545
Aug 2018	68	917	59.40	3.07	$6,851
Jul 2018	0	844	65.14	2.93	$2,475
Jun 2018	0	677	60.18	3.08	$2,083
May 2018	0	759	65.38	2.90	$2,202
Apr 2018	1	922	63.84	2.90	$2,738
Mar 2018	0	947	61.22	2.79	$2,639
Feb 2018	0	742	61.78	2.77	$2,052
Jan 2018	0	653	62.87	4.01	$2,618
Dec 2017	0	856	57.27	2.92	$2,501
Nov 2017	0	799	55.42	3.12	$2,492
Oct 2017	0	746	49.29	2.98	$2,226
Sep 2017	0	721	47.52	3.09	$2,226
Aug 2017	1	847	45.37	3.00	$2,590
Jul 2017	0	723	43.87	3.09	$2,232
Jun 2017	0	741	42.49	3.09	$2,288
May 2017	0	693	45.37	3.26	$2,262
Apr 2017	0	587	47.93	3.21	$1,885
Mar 2017	0	735	46.77	2.98	$2,193
Feb 2017	1	814	50.45	2.95	$2,454
Jan 2017	0	890	49.41	3.42	$3,043
Dec 2016	0	1,076	48.76	3.72	$4,006
Nov 2016	0	1,165	42.49	2.64	$3,081
Oct 2016	1	1,226	46.19	3.09	$3,835
Sep 2016	1	1,235	41.55	3.10	$3,871
Aug 2016	0	1,436	41.44	2.92	$4,199
Jul 2016	1	432	41.62	2.92	$1,305
Jun 2016	0	892	45.35	2.69	$2,396
May 2016	1	1,234	42.52	1.99	$2,499
Apr 2016	0	1,146	36.56	1.99	$2,282
Mar 2016	0	923	33.01	1.79	$1,656
Feb 2016	1	1,008	26.47	2.06	$2,107
Jan 2016	0	1,374	27.35	2.36	$3,249
Dec 2015	0	1,504	32.36	2.00	$3,010
Nov 2015	0	1,375	38.79	2.17	$2,980
Oct 2015	1	1,351	43.55	2.43	$3,322
Sep 2015	0	1,429	42.99	2.76	$3,942
Aug 2015	0	1,288	40.16	2.87	$3,700
Jul 2015	1	1,436	48.15	2.95	$4,277
Jun 2015	0	1,437	56.15	2.88	$4,143
May 2015	0	1,204	55.21	2.96	$3,558
Apr 2015	1	963	49.82	2.71	$2,656
Mar 2015	0	1,584	42.89	2.93	$4,649
Feb 2015	0	1,539	44.66	2.98	$4,580
Jan 2015	0	1,263	43.43	3.10	$3,916
Dec 2014	0	1,489	54.69	3.59	$5,348
Nov 2014	0	1,233	70.46	4.25	$5,243
Oct 2014	0	973	78.30	3.90	$3,796
Sep 2014	0	1,335	86.16	4.05	$5,401
Aug 2014	1	661	89.39	4.04	$2,757
Jul 2014	90	832	96.56	4.18	$12,168
Jun 2014	0	1,045	98.16	4.74	$4,950
May 2014	0	1,555	94.73	4.73	$7,350
Apr 2014	0	1,591	95.94	4.81	$7,651
Mar 2014	2	1,691	95.89	5.06	$8,743
Feb 2014	0	1,542	97.40	6.19	$9,548
Jan 2014	0	752	90.40	4.86	$3,655
Dec 2013	0	1,252	91.82	4.35	$5,452
Nov 2013	0	1,147	88.85	3.74	$4,288
Oct 2013	0	1,346	97.42	3.78	$5,087
Sep 2013	0	1,354	104.11	3.72	$5,034
Aug 2013	0	1,660	104.25	3.52	$5,848
Jul 2013	0	1,782	102.52	3.72	$6,625
Jun 2013	0	1,658	94.40	3.93	$6,522
May 2013	0	1,665	94.83	4.15	$6,908
Apr 2013	0	1,712	93.96	4.28	$7,332
Mar 2013	0	1,776	93.62	3.91	$6,949
Feb 2013	0	1,727	91.23	3.42	$5,906
Jan 2013	0	1,565	91.60	3.42	$5,352
Dec 2012	1	2,434	86.77	3.42	$8,411
Nov 2012	0	952	86.95	3.62	$3,451
Oct 2012	0	730	89.38	3.40	$2,482
Sep 2012	0	887	94.67	2.92	$2,589
Aug 2012	0	1,184	92.66	2.91	$3,443
Jul 2012	0	1,115	85.13	3.02	$3,368
Jun 2012	66	1,312	79.82	2.52	$8,573
May 2012	0	1,385	91.61	2.49	$3,446
Apr 2012	0	1,392	101.65	2.00	$2,780
Mar 2012	0	1,432	105.05	2.22	$3,182
Feb 2012	0	1,012	101.10	2.57	$2,601
Jan 2012	0	925	98.09	2.73	$2,529
Dec 2011	0	1,366	96.87	3.24	$4,425
Nov 2011	0	1,511	95.72	3.31	$5,003
Oct 2011	0	1,570	84.98	3.65	$5,728
Sep 2011	0	1,257	83.62	3.99	$5,010
Aug 2011	0	1,358	83.40	4.15	$5,635
Jul 2011	0	1,492	94.14	4.52	$6,740
Jun 2011	0	1,556	92.90	4.64	$7,220
May 2011	0	1,330	98.13	4.40	$5,858
Apr 2011	0	1,488	105.96	4.33	$6,448
Mar 2011	1	1,713	96.36	4.06	$7,047
Feb 2011	0	1,562	85.64	4.18	$6,529
Jan 2011	0	1,687	86.50	4.59	$7,741
Dec 2010	0	1,773	85.73	4.35	$7,709
Nov 2010	45	1,810	80.84	3.80	$10,507
Oct 2010	0	1,905	78.10	3.51	$6,684
Sep 2010	0	1,683	72.63	3.98	$6,697
Aug 2010	0	1,906	73.68	4.42	$8,423
Jul 2010	0	2,016	72.55	4.74	$9,549
Jun 2010	0	2,200	70.36	4.91	$10,803
May 2010	0	2,006	71.12	4.24	$8,496
Apr 2010	0	1,923	81.69	4.12	$7,928
Mar 2010	0	1,653	78.39	4.39	$7,254
Feb 2010	0	1,546	73.58	5.44	$8,414
Jan 2010	0	991	74.36	5.96	$5,910
Dec 2009	0	1,210	71.44	5.48	$6,635
Nov 2009	0	1,256	74.59	3.75	$4,712
Oct 2009	0	1,241	72.54	4.11	$5,101
Sep 2009	0	1,495	65.54	3.06	$4,582
Aug 2009	0	1,725	67.42	3.22	$5,552
Jul 2009	88	1,904	61.13	3.46	$11,976
Jun 2009	0	1,822	66.16	3.90	$7,097
May 2009	0	1,910	54.74	3.93	$7,498
Apr 2009	0	2,252	46.77	3.59	$8,079
Mar 2009	1	2,464	42.14	4.06	$10,044
Feb 2009	0	2,256	32.81	4.63	$10,452
Jan 2009	1	2,548	35.86	5.37	$13,721
Dec 2008	0	2,590	37.10	5.98	$15,481
Nov 2008	1	2,442	55.49	6.86	$16,808
Oct 2008	0	1,991	75.24	6.92	$13,782
Sep 2008	0	1,823	101.76	7.88	$14,360
Aug 2008	1	1,585	114.22	8.48	$13,560
Jul 2008	0	1,950	131.08	11.39	$22,209
Jun 2008	0	2,304	131.33	13.03	$30,027
May 2008	1	2,413	123.17	11.57	$28,052
Apr 2008	0	2,454	110.31	10.45	$25,656
Mar 2008	85	2,685	101.90	9.66	$34,610
Feb 2008	1	2,593	92.53	8.77	$22,835
Jan 2008	0	2,895	90.38	8.21	$23,756
Dec 2007	0	2,884	88.33	7.30	$21,059
Nov 2007	1	2,930	91.67	7.29	$21,456
Oct 2007	2	3,247	82.85	6.92	$22,641
Sep 2007	1	3,213	75.84	6.24	$20,138
Aug 2007	0	3,363	69.06	6.39	$21,483
Jul 2007	0	3,490	70.90	6.39	$22,294
Jun 2007	1	3,335	62.00	7.55	$25,236
May 2007	1	3,563	58.74	7.85	$28,015
Apr 2007	90	3,541	59.61	7.81	$33,003
Mar 2007	0	3,812	56.92	7.30	$27,835
Feb 2007	2	3,602	55.10	8.22	$29,704
Jan 2007	1	4,130	50.30	6.73	$27,832
Dec 2006	1	4,066	56.65	6.92	$28,187
Nov 2006	1	4,539	54.20	7.62	$34,630
Oct 2006	1	4,873	54.90	6.01	$29,360
Sep 2006	1	4,426	60.08	5.04	$22,355
Aug 2006	1	4,851	68.71	7.34	$35,675
Jul 2006	1	4,945	69.37	6.34	$31,434
Jun 2006	1	4,588	66.28	6.38	$29,356
May 2006	117	5,377	66.01	6.42	$42,270
Apr 2006	1	5,420	64.39	7.36	$39,958
Mar 2006	1	5,716	56.70	7.08	$40,543
Feb 2006	1	5,728	57.59	7.75	$44,456
Jan 2006	2	6,422	60.59	8.93	$57,491
Dec 2005	1	6,634	54.94	13.42	$89,053
Nov 2005	82	6,163	54.69	10.59	$69,741
Oct 2005	1	7,441	58.34	13.80	$102,713
Sep 2005	0	3,084	61.45	12.08	$37,252
Aug 2005	1	5,656	61.51	9.80	$55,472
Jul 2005	0	7,485	55.69	7.84	$58,710
Jun 2005	62	5,792	52.33	7.38	$45,995
May 2005	0	3,896	45.22	6.65	$25,913
Apr 2005	1	6,758	49.20	7.36	$49,791
Mar 2005	72	7,819	50.37	7.15	$59,571
Feb 2005	16	4,124	45.22	6.31	$26,754
Jan 2005	9	4,550	43.16	6.32	$29,154
Dec 2004	176	7,694	39.86	6.75	$58,958
Nov 2004	0	8,129	45.28	6.33	$51,460
Oct 2004	0	9,668	49.70	6.52	$62,988
Sep 2004	1	10,678	43.24	5.28	$56,465
Aug 2004	0	11,800	42.37	5.55	$65,498
Jul 2004	1	13,314	38.28	6.08	$81,043
Jun 2004	1	8,756	36.10	6.43	$56,364
May 2004	194	11,793	37.48	6.49	$83,862
Apr 2004	1	12,698	34.47	5.86	$74,425
Mar 2004	1	14,044	34.36	5.53	$77,700
Feb 2004	0	13,019	32.45	5.51	$71,730
Jan 2004	180	16,989	32.03	6.30	$112,790
Dec 2003	2	19,872	30.26	6.30	$125,287
Nov 2003	179	22,218	28.80	4.60	$107,250
Oct 2003	0	28,998	28.17	4.76	$138,020
Sep 2003	193	39,845	26.31	4.75	$194,316
Aug 2003	8	58,711	29.76	5.13	$301,409

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 2021 — as filed, then multipliedworked

Condensate             6 bbl  × $ 63.48 =       $381
Gas                    0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                     $381

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/197458 is the state's own key, not one this site invented.