ARNOLD GAS UNIT #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 198723District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Oct 2003 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
272
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 Gas112004-04-16156280
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
CondensateDisposition3,848 bbl$211,711
GasProduction825,554 Mcf$4,832,727
Total$5,044,437

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 32.1988, -95.0860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19879, -95.08597 · 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
11,850 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 11,850 ft.

Completions filed
Oct 2003
1 of 1 wells

1 well

42-42331675711,850 ftOct 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 (272)

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

272 months

May 20260706106.413.05$2,150
Apr 2026079798.932.87$2,287
Mar 2026088589.753.15$2,787
Feb 2026077363.503.75$2,899
Jan 2026084059.138.00$6,718
Dec 2025082756.664.41$3,650
Nov 2025081858.593.93$3,212
Oct 2025083759.383.30$2,766
Sep 2025075962.743.08$2,335
Aug 2025065163.933.01$1,963
Jul 2025070666.743.32$2,341
Jun 2025070266.483.13$2,196
May 2025068260.553.23$2,204
Apr 2025044662.363.54$1,580
Mar 2025037267.704.27$1,588
Feb 2025038970.884.34$1,689
Jan 2025052574.324.28$2,246
Dec 2024056068.993.12$1,748
Nov 2024056069.052.20$1,231
Oct 2024063071.372.28$1,437
Sep 2024051969.612.36$1,227
Aug 2024036775.632.06$757
Jul 2024031679.932.15$678
Jun 20244223178.082.63$3,888
May 2024046378.812.20$1,018
Apr 2024049384.451.66$818
Mar 2024050880.301.55$785
Feb 2024065576.091.78$1,168
Jan 2024083773.023.30$2,760
Dec 2023086971.262.61$2,269
Nov 2023081877.892.81$2,297
Oct 2023078885.443.09$2,433
Sep 2023083189.042.74$2,273
Aug 2023085480.522.67$2,283
Jul 2023084874.852.64$2,240
Jun 2023083068.962.26$1,875
May 2023090170.622.23$2,007
Apr 2023083278.122.24$1,862
Mar 2023087072.852.39$2,082
Feb 2023164575.112.47$1,665
Jan 2023092276.533.39$3,123
Dec 2022088476.415.73$5,065
Nov 2022072285.005.65$4,077
Oct 2022087287.185.86$5,113
Sep 2022046084.888.16$3,755
Aug 2022065494.529.13$5,969
Jul 20221864101.587.54$6,618
Jun 20221792115.097.98$6,433
May 20220828109.378.43$6,983
Apr 20221457104.226.84$3,229
Mar 20220270108.885.08$1,371
Feb 2022123991.054.86$1,252
Jan 2022095781.844.54$4,343
Dec 202101,25371.323.90$4,886
Nov 2021078677.435.24$4,116
Oct 202111,08679.795.71$6,285
Sep 2021192269.865.35$5,003
Aug 2021190566.024.22$3,886
Jul 20214194470.783.98$6,661
Jun 2021195869.493.38$3,308
May 202101,00163.483.02$3,021
Apr 20214196860.362.76$5,145
Mar 2021095061.302.72$2,581
Feb 2021061057.805.55$3,384
Jan 202101,06850.412.81$3,001
Dec 202001,05444.642.68$2,820
Nov 2020096938.772.71$2,623
Oct 2020099336.972.48$2,461
Sep 2020098237.091.99$1,955
Aug 202001,01539.982.39$2,421
Jul 2020093738.371.83$1,710
Jun 2020096634.901.69$1,633
May 202001,04616.921.81$1,898
Apr 202001,06914.751.80$1,929
Mar 202001,17330.341.86$2,177
Feb 2020090649.881.98$1,794
Jan 202001,21957.252.09$2,553
Dec 201901,25359.012.30$2,887
Nov 201901,24755.302.75$3,430
Oct 201901,08453.472.42$2,622
Sep 201901,09655.052.66$2,912
Aug 20191521,15353.112.30$10,730
Jul 201901,21456.272.46$2,987
Jun 201901,19252.782.49$2,970
May 201901,18758.482.74$3,253
Apr 201901,21362.632.75$3,337
Mar 201901,20256.803.06$3,681
Feb 201901,12550.852.79$3,141
Jan 201901,23146.033.23$3,974
Dec 201801,23646.594.19$5,173
Nov 201801,13452.934.24$4,805
Oct 201801,24761.443.40$4,237
Sep 201801,26959.543.11$3,944
Aug 201801,35059.403.07$4,140
Jul 201801,37065.142.93$4,017
Jun 201801,37460.183.08$4,228
May 201801,13565.382.90$3,292
Apr 201801,17863.842.90$3,417
Mar 201801,16661.222.79$3,249
Feb 201801,19561.782.77$3,306
Jan 201801,24362.874.01$4,984
Dec 201701,36257.272.92$3,979
Nov 201701,22455.423.12$3,817
Oct 201701,36449.292.98$4,070
Sep 201701,30247.523.09$4,020
Aug 201701,37945.373.00$4,143
Jul 201701,28143.873.09$3,955
Jun 201701,30642.493.09$4,032
May 201701,40645.373.26$4,588
Apr 20171801,32047.933.21$12,867
Mar 201701,36146.772.98$4,061
Feb 201701,28350.452.95$3,788
Jan 201701,42449.413.42$4,868
Dec 201601,44048.763.72$5,361
Nov 201601,35742.492.64$3,588
Oct 201601,44846.193.09$4,475
Sep 201601,46041.553.10$4,527
Aug 201601,52141.442.92$4,448
Jul 201601,53241.622.92$4,480
Jun 201601,54545.352.69$4,150
May 201601,62642.521.99$3,237
Apr 201601,44436.561.99$2,875
Mar 201601,25833.011.79$2,257
Feb 201601,39326.472.06$2,875
Jan 201601,57927.352.36$3,733
Dec 201501,57832.362.00$3,158
Nov 201501,55538.792.17$3,370
Oct 201501,64443.552.43$3,989
Sep 201501,59542.992.76$4,400
Aug 201501,70740.162.87$4,903
Jul 201501,67448.152.95$4,930
Jun 201501,67456.152.88$4,826
May 201501,37055.212.96$4,049
Apr 201501,58549.822.71$4,290
Mar 201501,64942.892.93$4,839
Feb 201501,61644.662.98$4,810
Jan 201501,80443.433.10$5,594
Dec 201401,85954.693.59$6,676
Nov 201401,66870.464.25$7,092
Oct 201401,77078.303.90$6,905
Sep 201401,78086.164.05$7,201
Aug 201401,88789.394.04$7,614
Jul 20141531,91896.564.18$22,790
Jun 201401,84998.164.74$8,758
May 201401,82694.734.73$8,631
Apr 201401,82495.944.81$8,772
Mar 201401,90095.895.06$9,608
Feb 201401,66597.406.19$10,310
Jan 201401,93190.404.86$9,386
Dec 201302,11091.824.35$9,188
Nov 201302,01488.853.74$7,529
Oct 201302,13397.423.78$8,061
Sep 201302,118104.113.72$7,874
Aug 201302,117104.253.52$7,457
Jul 201302,243102.523.72$8,339
Jun 201302,03194.403.93$7,989
May 201302,08494.834.15$8,647
Apr 201302,13193.964.28$9,126
Mar 201302,23593.623.91$8,745
Feb 20131741,99691.233.42$22,700
Jan 201302,19891.603.42$7,517
Dec 201202,28286.773.42$7,805
Nov 201202,18586.953.62$7,921
Oct 201202,16489.383.40$7,357
Sep 201202,14394.672.92$6,254
Aug 20120892.662.91$23
Jul 201202,14585.133.02$6,480
Jun 201202,21479.822.52$5,577
May 201202,23991.612.49$5,571
Apr 201202,247101.652.00$4,487
Mar 201202,340105.052.22$5,200
Feb 201212,363101.102.57$6,175
Jan 201202,52598.092.73$6,904
Dec 201102,61996.873.24$8,485
Nov 201102,57395.723.31$8,520
Oct 201102,75384.983.65$10,044
Sep 201102,66083.623.99$10,602
Aug 201102,91483.404.15$12,091
Jul 201103,00194.144.52$13,556
Jun 20111802,92992.904.64$30,312
May 201103,04998.134.40$13,430
Apr 201103,080105.964.33$13,347
Mar 201113,24996.364.06$13,279
Feb 201102,69185.644.18$11,248
Jan 201102,17586.504.59$9,981
Dec 201001,52885.734.35$6,643
Nov 201002,24580.843.80$8,521
Oct 201002,18278.103.51$7,656
Sep 201002,16072.633.98$8,596
Aug 201002,30373.684.42$10,178
Jul 201002,34372.554.74$11,098
Jun 201002,32670.364.91$11,422
May 201002,62171.124.24$11,101
Apr 201002,67481.694.12$11,024
Mar 201002,77278.394.39$12,165
Feb 201002,64773.585.44$14,406
Jan 20101532,66174.365.96$27,248
Dec 200902,79771.445.48$15,338
Nov 200902,85874.593.75$10,722
Oct 200903,06572.544.11$12,598
Sep 200902,79365.543.06$8,560
Aug 200903,20267.423.22$10,306
Jul 200903,24561.133.46$11,242
Jun 200903,17766.163.90$12,374
May 200903,25054.743.93$12,759
Apr 200903,57646.773.59$12,829
Mar 200903,08942.144.06$12,538
Feb 200902,96332.814.63$13,728
Jan 200903,50835.865.37$18,841
Dec 200803,64737.105.98$21,799
Nov 20081883,85955.496.86$36,906
Oct 200803,84775.246.92$26,629
Sep 200803,708101.767.88$29,208
Aug 200803,858114.228.48$32,727
Jul 200803,955131.0811.39$45,045
Jun 200803,878131.3313.03$50,541
May 200804,490123.1711.57$51,969
Apr 200803,771110.3110.45$39,425
Mar 200804,417101.909.66$42,686
Feb 200814,03492.538.77$35,473
Jan 200804,40090.388.21$36,105
Dec 200704,27288.337.30$31,194
Nov 20071844,60691.677.29$50,453
Oct 200714,77482.856.92$33,128
Sep 200704,64475.846.24$28,998
Aug 200704,84769.066.39$30,962
Jul 200715,10470.906.39$32,675
Jun 200705,01162.007.55$37,825
May 200715,48058.747.85$43,056
Apr 200705,30659.617.81$41,414
Mar 200705,72356.927.30$41,789
Feb 200714,94255.108.22$40,659
Jan 20071815,96150.306.73$49,203
Dec 200616,34856.656.92$43,975
Nov 200606,15754.207.62$46,901
Oct 200606,56754.906.01$39,493
Sep 200606,60860.085.04$33,286
Aug 200607,12768.717.34$52,312
Jul 200607,31969.376.34$46,423
Jun 200606,85166.286.38$43,736
May 200607,91866.016.42$50,873
Apr 20061807,73964.397.36$68,553
Mar 200608,27856.707.08$58,632
Feb 200608,04057.597.75$62,319
Jan 200619,39460.598.93$83,980
Dec 200509,89054.9413.42$132,678
Nov 200517510,21454.6910.59$117,721
Oct 2005010,17158.3413.80$140,317
Sep 200509,85061.4512.08$118,978
Aug 2005111,02261.519.80$108,042
Jul 200516311,91355.697.84$102,519
Jun 2005110,57352.337.38$78,092
May 200503,19645.226.65$21,257
Apr 200506,56049.207.36$48,285
Mar 200505,09450.377.15$36,447
Feb 20051978,33245.226.31$61,499
Jan 200507,41643.166.32$46,885
Dec 200408,84039.866.75$59,680
Nov 200408,69645.286.33$55,049
Oct 20041798,56849.706.52$64,718
Sep 2004010,66943.245.28$56,374
Aug 2004011,48242.375.55$63,733
Jul 200417812,03038.286.08$80,007
Jun 2004012,48236.106.43$80,297
May 200418713,75337.486.49$96,329
Apr 2004014,58134.475.86$85,422
Mar 200418516,09334.365.53$95,353
Feb 2004015,68432.455.51$86,413
Jan 200421019,27032.036.30$128,120
Dec 200318922,80330.266.30$149,415
Nov 200311729,00128.804.60$136,634
Oct 20031996,87028.174.76$38,305

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                  706 Mcf  × $  3.05 =     $2,150

────────────────────────────────────────────────────
Month total                                   $2,150

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/198723 is the state's own key, not one this site invented.