EASTMAN GAS UNIT

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198555District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Sep 2003 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
273
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112004-04-12155966
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
CondensateDisposition2,831 bbl$133,762
GasProduction905,065 Mcf$5,476,142
Total$5,609,904

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 32.4093, -94.6316. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40925, -94.63163 · 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
10,860 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 10,860 ft.

Completions filed
Sep 2003
1 of 1 wells

1 well

42-20332823210,860 ftSep 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 (273)

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

273 months

May 2026010106.413.05$30
Apr 20260998.932.87$26
Mar 20260289.753.15$6
Feb 20260563.503.75$19
Jan 2026025359.138.00$2,023
Dec 20250656.664.41$26
Nov 202501058.593.93$39
Oct 2025014859.383.30$489
Sep 202501062.743.08$31
Aug 20250263.933.01$6
Jul 202503466.743.32$113
Jun 2025012066.483.13$375
May 20250060.553.23$0
Apr 202505962.363.54$209
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 202404279.932.15$90
Jun 202403378.082.63$87
May 202402778.812.20$59
Apr 20240584.451.66$8
Mar 202403380.301.55$51
Feb 202404976.091.78$87
Jan 202403873.023.30$125
Dec 202303171.262.61$81
Nov 202306077.892.81$168
Oct 202304985.443.09$151
Sep 202301989.042.74$52
Aug 202306180.522.67$163
Jul 202303774.852.64$98
Jun 202305068.962.26$113
May 202302070.622.23$45
Apr 2023015678.122.24$349
Mar 2023011072.852.39$263
Feb 202303875.112.47$94
Jan 2023012276.533.39$413
Dec 202208376.415.73$476
Nov 202207085.005.65$395
Oct 202204187.185.86$240
Sep 202207384.888.16$596
Aug 2022016094.529.13$1,460
Jul 2022079101.587.54$596
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 2022036104.226.84$246
Mar 2022078108.885.08$396
Feb 202202591.054.86$121
Jan 202202781.844.54$123
Dec 202106971.323.90$269
Nov 202104077.435.24$209
Oct 2021010179.795.71$577
Sep 20210069.865.35$0
Aug 202102166.024.22$89
Jul 202102870.783.98$112
Jun 202101069.493.38$34
May 202101263.483.02$36
Apr 20210960.362.76$25
Mar 202102961.302.72$79
Feb 202102557.805.55$139
Jan 20210950.412.81$25
Dec 202002344.642.68$62
Nov 202001138.772.71$30
Oct 202002136.972.48$52
Sep 202001537.091.99$30
Aug 202001539.982.39$36
Jul 202003638.371.83$66
Jun 202003034.901.69$51
May 202002916.921.81$53
Apr 202002814.751.80$51
Mar 202003130.341.86$58
Feb 202001849.881.98$36
Jan 202003257.252.09$67
Dec 20190459.012.30$9
Nov 201902955.302.75$80
Oct 20190253.472.42$5
Sep 201902055.052.66$53
Aug 201902553.112.30$58
Jul 20190056.272.46$0
Jun 201901852.782.49$45
May 201902858.482.74$77
Apr 201901962.632.75$52
Mar 201907856.803.06$239
Feb 201907050.852.79$195
Jan 2019012246.033.23$394
Dec 2018011846.594.19$494
Nov 2018015052.934.24$636
Oct 2018012461.443.40$421
Sep 2018014259.543.11$441
Aug 2018026059.403.07$797
Jul 2018087565.142.93$2,565
Jun 2018097560.183.08$3,000
May 2018092265.382.90$2,675
Apr 2018071763.842.90$2,080
Mar 201808961.222.79$248
Feb 2018020761.782.77$573
Jan 201801,15662.874.01$4,635
Dec 2017067857.272.92$1,981
Nov 2017038155.423.12$1,188
Oct 2017030949.292.98$922
Sep 2017057647.523.09$1,778
Aug 2017039745.373.00$1,193
Jul 2017030943.873.09$954
Jun 2017035142.493.09$1,084
May 2017085445.373.26$2,787
Apr 2017036447.933.21$1,169
Mar 201701,45946.772.98$4,353
Feb 201701,20050.452.95$3,543
Jan 201701,61149.413.42$5,508
Dec 2016065048.763.72$2,420
Nov 2016024442.492.64$645
Oct 2016035446.193.09$1,094
Sep 201601,09641.553.10$3,398
Aug 201601,50841.442.92$4,410
Jul 201601,22841.622.92$3,591
Jun 2016049245.352.69$1,321
May 2016030742.521.99$611
Apr 2016044936.561.99$894
Mar 2016081433.011.79$1,460
Feb 2016071826.472.06$1,482
Jan 2016070727.352.36$1,672
Dec 2015541732.362.00$996
Nov 2015054838.792.17$1,188
Oct 201501,44643.552.43$3,509
Sep 2015069342.992.76$1,912
Aug 201501,03140.162.87$2,962
Jul 2015069248.152.95$2,038
Jun 201501,13556.152.88$3,272
May 2015048455.212.96$1,430
Apr 2015038849.822.71$1,050
Mar 2015068942.892.93$2,022
Feb 2015080844.662.98$2,405
Jan 20153372443.433.10$3,678
Dec 2014038654.693.59$1,386
Nov 201401,07770.464.25$4,579
Oct 2014095878.303.90$3,737
Sep 2014092686.164.05$3,746
Aug 201401,25889.394.04$5,076
Jul 201401,27896.564.18$5,342
Jun 201401,32998.164.74$6,295
May 201401,34794.734.73$6,367
Apr 201401,40495.944.81$6,752
Mar 201421,77995.895.06$9,188
Feb 201402,11097.406.19$13,065
Jan 201401,84990.404.86$8,987
Dec 201301,85191.824.35$8,060
Nov 201321,83588.853.74$7,037
Oct 2013162,35897.423.78$10,470
Sep 201302,946104.113.72$10,952
Aug 201303,480104.253.52$12,259
Jul 201353,778102.523.72$14,558
Jun 201304,13994.403.93$16,280
May 201344,19994.834.15$17,801
Apr 201303,69793.964.28$15,833
Mar 201352,92193.623.91$11,898
Feb 201311,83391.233.42$6,360
Jan 201301,93191.603.42$6,604
Dec 201202,11786.773.42$7,240
Nov 201241,76486.953.62$6,742
Oct 2012198489.383.40$3,435
Sep 2012282,89894.672.92$11,108
Aug 201202,61192.662.91$7,593
Jul 201201,23985.133.02$3,743
Jun 201201,92079.822.52$4,837
May 201202,30691.612.49$5,738
Apr 201202,798101.652.00$5,587
Mar 201203,199105.052.22$7,108
Feb 201202,646101.102.57$6,801
Jan 201233,56898.092.73$10,049
Dec 201104,76896.873.24$15,447
Nov 201104,15495.723.31$13,755
Oct 201103,88084.983.65$14,156
Sep 201104,97783.623.99$19,837
Aug 201155,01183.404.15$21,209
Jul 201115,35794.144.52$24,293
Jun 201104,64092.904.64$21,529
May 201105,34098.134.40$23,522
Apr 201121,403105.964.33$6,292
Mar 201104,33896.364.06$17,601
Feb 201104,60485.644.18$19,245
Jan 201103,80886.504.59$17,474
Dec 201002,98285.734.35$12,965
Nov 201002,81980.843.80$10,699
Oct 201003,63178.103.51$12,741
Sep 201021,98272.633.98$8,033
Aug 201002,38473.684.42$10,536
Jul 201003,38672.554.74$16,038
Jun 201003,03070.364.91$14,879
May 201003,63571.124.24$15,395
Apr 201003,54481.694.12$14,611
Mar 201013,30278.394.39$14,570
Feb 201001,99273.585.44$10,841
Jan 2010093274.365.96$5,559
Dec 200912,37771.445.48$13,106
Nov 200901,80274.593.75$6,760
Oct 200903,14772.544.11$12,935
Sep 200902,74465.543.06$8,410
Aug 200902,54267.423.22$8,181
Jul 200901,87661.133.46$6,499
Jun 200903,36866.163.90$13,118
May 200912,01954.743.93$7,981
Apr 200901,87046.773.59$6,709
Mar 200903,89342.144.06$15,802
Feb 200902,39232.814.63$11,082
Jan 200962,48935.865.37$13,584
Dec 200802,69337.105.98$16,096
Nov 200843,25155.496.86$22,525
Oct 200812,64475.246.92$18,377
Sep 200812,763101.767.88$21,866
Aug 200812,935114.228.48$25,012
Jul 200802,513131.0811.39$28,622
Jun 2008142,197131.3313.03$30,471
May 200872,056123.1711.57$24,659
Apr 200802,908110.3110.45$30,403
Mar 200803,364101.909.66$32,510
Feb 200802,75692.538.77$24,172
Jan 200874,18990.388.21$35,006
Dec 200705,21988.337.30$38,109
Nov 200704,65791.677.29$33,957
Oct 2007113,63682.856.92$26,080
Sep 200702,97375.846.24$18,564
Aug 200704,36169.066.39$27,858
Jul 2007355,08870.906.39$34,983
Jun 2007303,41062.007.55$27,600
May 200705,61458.747.85$44,049
Apr 2007645,76059.617.81$48,773
Mar 200706,49356.927.30$47,412
Feb 2007665,79955.108.22$51,281
Jan 2007746,94150.306.73$50,413
Dec 2006237,10756.656.92$50,472
Nov 2006555,76754.207.62$46,911
Oct 2006527,84754.906.01$50,045
Sep 2006477,45660.085.04$40,381
Aug 200647,79868.717.34$57,512
Jul 2006869,45569.376.34$65,937
Jun 200608,88966.286.38$56,746
May 2006629,81766.016.42$67,167
Apr 2006287,42564.397.36$56,454
Mar 2006288,65156.707.08$62,862
Feb 2006226,94957.597.75$55,130
Jan 200638,98660.598.93$80,457
Dec 2005589,10054.9413.42$125,267
Nov 2005358,05454.6910.59$87,193
Oct 2005688,50658.3413.80$121,314
Sep 2005210,44461.4512.08$126,276
Aug 20059210,01561.519.80$103,774
Jul 200509,06255.697.84$71,079
Jun 20059210,11152.337.38$79,444
May 20057112,02645.226.65$83,197
Apr 2005412,09949.207.36$89,251
Mar 20057013,28250.377.15$98,557
Feb 2005212,15645.226.31$76,818
Jan 20059012,64043.166.32$83,797
Dec 2004213,20339.866.75$89,214
Nov 20046613,72745.286.33$89,886
Oct 20047413,93249.706.52$94,446
Sep 2004014,34543.245.28$75,798
Aug 20047516,23942.375.55$93,315
Jul 20047918,08138.286.08$113,032
Jun 2004516,25836.106.43$104,769
May 20048319,18137.486.49$127,683
Apr 20049624,62534.475.86$147,574
Mar 200419329,53834.365.53$169,981
Feb 200410033,80032.455.51$189,470
Jan 200421446,85532.036.30$302,024
Dec 20039941,48430.266.30$264,413
Nov 200329438,55628.804.60$185,638
Oct 20031417,01928.174.76$81,399
Sep 20030026.314.75$0

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             0 bbl  × $106.41 =         $0
Gas                   10 Mcf  × $  3.05 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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/198555 is the state's own key, not one this site invented.