WOOLF, MOLLIE GAS UNIT

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 197843District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Sep 2003 – Mar 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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 Gas112004-02-11155280
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
CondensateDisposition927 bbl$51,614
GasProduction428,985 Mcf$2,695,849
Total$2,747,463

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 32.2033, -95.0729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20331, -95.07293 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,725 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 11,725 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-42331653611,725 ftJun 2014Yes

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 (223)

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

223 months

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 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201453098.164.74$5,202
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014039795.895.06$2,008
Feb 2014086997.406.19$5,381
Jan 201401,06990.404.86$5,196
Dec 201301,59491.824.35$6,941
Nov 2013097088.853.74$3,626
Oct 201301,18397.423.78$4,471
Sep 201301,160104.113.72$4,313
Aug 201301,269104.253.52$4,470
Jul 201301,404102.523.72$5,220
Jun 201301,37094.403.93$5,389
May 201301,72294.834.15$7,145
Apr 201301,75493.964.28$7,512
Mar 201301,84293.623.91$7,208
Feb 201301,62991.233.42$5,571
Jan 201301191.603.42$38
Dec 2012012786.773.42$434
Nov 2012018086.953.62$652
Oct 2012022589.383.40$765
Sep 2012016594.672.92$482
Aug 2012018192.662.91$526
Jul 2012026785.133.02$807
Jun 2012066879.822.52$1,683
May 2012066891.612.49$1,662
Apr 20120662101.652.00$1,322
Mar 20120476105.052.22$1,058
Feb 20120797101.102.57$2,048
Jan 201201,01898.092.73$2,783
Dec 201101,03996.873.24$3,366
Nov 201101,05195.723.31$3,480
Oct 201101,04884.983.65$3,824
Sep 201101,07083.623.99$4,265
Aug 201101,00683.404.15$4,174
Jul 2011058894.144.52$2,656
Jun 2011021192.904.64$979
May 2011021098.134.40$925
Apr 201101,011105.964.33$4,381
Mar 201111,30396.364.06$5,383
Feb 201101,02785.644.18$4,293
Jan 201101,51086.504.59$6,929
Dec 201001,49285.734.35$6,487
Nov 2010511,41680.843.80$9,497
Oct 201001,27778.103.51$4,481
Sep 2010020972.633.98$832
Aug 2010067573.684.42$2,983
Jul 201001,49072.554.74$7,057
Jun 201001,39370.364.91$6,840
May 201001,47671.124.24$6,251
Apr 201001,42681.694.12$5,879
Mar 201001,60578.394.39$7,044
Feb 201001,21173.585.44$6,591
Jan 201001,30774.365.96$7,795
Dec 200901,55771.445.48$8,538
Nov 200901,38574.593.75$5,196
Oct 200901,84872.544.11$7,596
Sep 200901,49865.543.06$4,591
Aug 200901,67167.423.22$5,378
Jul 200902,02661.133.46$7,019
Jun 200901,59866.163.90$6,224
May 200902,36954.743.93$9,300
Apr 200913,38946.773.59$12,205
Mar 200911,47442.144.06$6,025
Feb 2009012332.814.63$570
Jan 2009015935.865.37$854
Dec 200802,52137.105.98$15,068
Nov 200801,10255.496.86$7,560
Oct 20085820575.246.92$5,783
Sep 20080343101.767.88$2,702
Aug 20081228114.228.48$2,048
Jul 20080478131.0811.39$5,444
Jun 200801,674131.3313.03$21,817
May 200812,352123.1711.57$27,346
Apr 200802,232110.3110.45$23,335
Mar 200802,428101.909.66$23,464
Feb 200812,33092.538.77$20,528
Jan 200802,56790.388.21$21,064
Dec 2007542,72288.337.30$24,646
Nov 200713,20391.677.29$23,447
Oct 200721,59482.856.92$11,199
Sep 200722,54575.846.24$16,043
Aug 200703,01769.066.39$19,272
Jul 200712,44770.906.39$15,702
Jun 200711,92362.007.55$14,578
May 20071182,75358.747.85$28,532
Apr 200702,86859.617.81$22,385
Mar 200703,03156.927.30$22,132
Feb 200722,75155.108.22$22,712
Jan 200723,09050.306.73$20,887
Dec 200613,17356.656.92$22,009
Nov 200613,16154.207.62$24,133
Oct 200613,41354.906.01$20,580
Sep 200613,37260.085.04$17,046
Aug 200613,37168.717.34$24,812
Jul 200613,65469.376.34$23,246
Jun 200613,38666.286.38$21,682
May 200613,81766.016.42$24,590
Apr 200613,71964.397.36$27,438
Mar 200613,70856.707.08$26,320
Feb 200613,68957.597.75$28,651
Jan 200624,07460.598.93$36,516
Dec 200504,36454.9413.42$58,545
Nov 200504,28454.6910.59$45,361
Oct 200514,86258.3413.80$67,133
Sep 200505,83561.4512.08$70,481
Aug 200516,12461.519.80$60,057
Jul 20051836,62955.697.84$62,187
Jun 200526,60652.337.38$48,864
May 200516,97145.226.65$46,410
Apr 200516,49149.207.36$47,826
Mar 200507,44150.377.15$53,239
Feb 200517,24845.226.31$45,794
Jan 200515,46243.166.32$34,575
Dec 200417,50939.866.75$50,734
Nov 200408,17645.286.33$51,758
Oct 200408,99249.706.52$58,584
Sep 200419,81943.245.28$51,926
Aug 20041588,67042.375.55$54,819
Jul 200419,02538.286.08$54,948
Jun 200428,98136.106.43$57,847
May 2004110,53437.486.49$68,451
Apr 2004110,95134.475.86$64,190
Mar 2004111,93634.365.53$66,042
Feb 2004110,44732.455.51$57,591
Jan 200419812,41932.036.30$84,577
Dec 2003113,74830.266.30$86,665
Nov 2003116,94528.804.60$77,894
Oct 2003127,23828.174.76$129,671
Sep 2003419,51226.314.75$92,775

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 2014 — as filed, then multipliedworked
Condensate            53 bbl  × $ 98.16 =     $5,202
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $5,202

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/197843 is the state's own key, not one this site invented.