WRIGHT 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 198725District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Sep 2003 – Apr 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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 Gas112004-04-16156281
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
CondensateDisposition2,150 bbl$119,765
GasProduction863,449 Mcf$5,199,204
Total$5,318,969

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 32.1998, -95.0568. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19981, -95.05684 · 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
100.0%
1 of 1 wells
Median depth
11,770 ft
1 wells filed one
Completion to plug
19.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 11,770 ft.

Completions filed
Sep 2003
1 of 1 wells
Plug dates filed
Apr 2023
1 of 1 wells

Last completion to plug: a median of 19.6 years across the 1 well that filed both dates, with the middle half between 19.6 years and 19.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-42331666511,770 ftSep 2003Apr 2023Yes

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 (236)

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

236 months

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 202119063.483.02$1,206
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 202015049.881.98$748
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 20181359.403.07$69
Jul 20180265.142.93$6
Jun 201801,64360.183.08$5,055
May 2018095165.382.90$2,759
Apr 201821,42963.842.90$4,273
Mar 201801,58061.222.79$4,403
Feb 20181081,12961.782.77$9,795
Jan 201801,13562.874.01$4,551
Dec 201701,45857.272.92$4,260
Nov 201701,35055.423.12$4,210
Oct 201701,17549.292.98$3,506
Sep 201701,56347.523.09$4,825
Aug 201711,35345.373.00$4,110
Jul 201701,40343.873.09$4,331
Jun 201701,59442.493.09$4,921
May 201701,67945.373.26$5,479
Apr 201711,64847.933.21$5,341
Mar 201702,03646.772.98$6,075
Feb 201721,28650.452.95$3,898
Jan 201701,00649.413.42$3,439
Dec 2016099648.763.72$3,708
Nov 201601,63742.492.64$4,329
Oct 201601,26546.193.09$3,909
Sep 201611,44941.553.10$4,534
Aug 2016741,45441.442.92$7,319
Jul 201601,58541.622.92$4,635
Jun 201601,19545.352.69$3,210
May 201611,85342.521.99$3,732
Apr 2016080836.561.99$1,609
Mar 201601,39333.011.79$2,499
Feb 201601,14726.472.06$2,367
Jan 201601,70227.352.36$4,024
Dec 201501,87132.362.00$3,745
Nov 201511,65538.792.17$3,626
Oct 201501,55843.552.43$3,781
Sep 201502,17442.992.76$5,997
Aug 201501,91840.162.87$5,509
Jul 201501,38348.152.95$4,073
Jun 201501,87456.152.88$5,402
May 2015062955.212.96$1,859
Apr 201511,94749.822.71$5,320
Mar 201501,72242.892.93$5,054
Feb 201501,78044.662.98$5,298
Jan 201501,72143.433.10$5,336
Dec 201402,00054.693.59$7,183
Nov 201402,11270.464.25$8,980
Oct 201401,88978.303.90$7,369
Sep 201401,73386.164.05$7,011
Aug 2014571,34589.394.04$10,522
Jul 201401,23196.564.18$5,145
Jun 201401,60598.164.74$7,603
May 201401,77594.734.73$8,390
Apr 201401,71095.944.81$8,224
Mar 201411,74895.895.06$8,935
Feb 201401,70697.406.19$10,564
Jan 201401,89490.404.86$9,206
Dec 201302,23591.824.35$9,732
Nov 201302,20588.853.74$8,243
Oct 201302,18797.423.78$8,265
Sep 201302,263104.113.72$8,413
Aug 201302,334104.253.52$8,222
Jul 2013812,223102.523.72$16,569
Jun 201302,13994.403.93$8,414
May 201302,20794.834.15$9,157
Apr 201302,20793.964.28$9,452
Mar 201302,36493.623.91$9,250
Feb 201302,18191.233.42$7,459
Jan 201302,33991.603.42$7,999
Dec 201202,43486.773.42$8,325
Nov 201202,27486.953.62$8,243
Oct 201201,38989.383.40$4,722
Sep 201202,12594.672.92$6,202
Aug 201202,11492.662.91$6,148
Jul 201202,30285.133.02$6,954
Jun 201201,36579.822.52$3,438
May 201202,05291.612.49$5,106
Apr 201202,244101.652.00$4,481
Mar 201202,271105.052.22$5,046
Feb 201212,060101.102.57$5,396
Jan 201202,67198.092.73$7,303
Dec 201102,77396.873.24$8,984
Nov 201102,54695.723.31$8,431
Oct 201102,79384.983.65$10,190
Sep 201102,80483.623.99$11,176
Aug 201102,60583.404.15$10,809
Jul 201102,56594.144.52$11,587
Jun 201102,62092.904.64$12,156
May 2011982,32098.134.40$19,836
Apr 201102,546105.964.33$11,033
Mar 201113,12396.364.06$12,767
Feb 201102,54485.644.18$10,634
Jan 201103,07286.504.59$14,097
Dec 201003,20285.734.35$13,922
Nov 201003,24780.843.80$12,323
Oct 201002,93878.103.51$10,309
Sep 201003,10372.633.98$12,348
Aug 201003,27473.684.42$14,469
Jul 201002,96272.554.74$14,029
Jun 201003,28170.364.91$16,111
May 201002,81971.124.24$11,939
Apr 201002,38381.694.12$9,824
Mar 201002,05678.394.39$9,023
Feb 201002,33873.585.44$12,724
Jan 201002,79474.365.96$16,664
Dec 2009942,81371.445.48$22,141
Nov 200902,81274.593.75$10,549
Oct 200902,79272.544.11$11,476
Sep 200902,68165.543.06$8,217
Aug 200902,90667.423.22$9,353
Jul 200903,45561.133.46$11,970
Jun 200903,06766.163.90$11,946
May 200903,74854.743.93$14,714
Apr 200903,86146.773.59$13,851
Mar 200904,18642.144.06$16,991
Feb 200903,77132.814.63$17,471
Jan 200914,29735.865.37$23,115
Dec 200804,43137.105.98$26,485
Nov 200814,35955.496.86$29,960
Oct 2008814,46075.246.92$36,966
Sep 200804,508101.767.88$35,510
Aug 200814,353114.228.48$37,041
Jul 200804,692131.0811.39$53,439
Jun 200804,632131.3313.03$60,367
May 200804,829123.1711.57$55,892
Apr 200804,873110.3110.45$50,947
Mar 2008884,843101.909.66$55,770
Feb 200804,22092.538.77$37,012
Jan 200803,87790.388.21$31,814
Dec 200705,26088.337.30$38,408
Nov 200715,15491.677.29$37,673
Oct 200715,23782.856.92$36,333
Sep 200714,78075.846.24$29,923
Aug 200705,02169.066.39$32,074
Jul 200715,16470.906.39$33,058
Jun 2007745,04362.007.55$42,655
May 200715,60758.747.85$44,053
Apr 200715,34359.617.81$41,763
Mar 200706,33756.927.30$46,273
Feb 200735,74755.108.22$47,383
Jan 200716,59850.306.73$44,434
Dec 2006566,81156.656.92$50,294
Nov 200626,65854.207.62$50,826
Oct 200617,09054.906.01$42,693
Sep 200616,99560.085.04$35,295
Aug 2006377,49268.717.34$57,533
Jul 200617,38069.376.34$46,879
Jun 200616,69666.286.38$42,813
May 200617,61466.016.42$48,986
Apr 2006107,58564.397.36$56,473
Mar 200618,20056.707.08$58,137
Feb 20061347,29857.597.75$64,285
Jan 200638,70960.598.93$77,982
Dec 200509,34354.9413.42$125,340
Nov 200519,40754.6910.59$99,660
Oct 200518,61258.3413.80$118,867
Sep 200508,71261.4512.08$105,232
Aug 200519,51361.519.80$93,259
Jul 20051599,45455.697.84$83,008
Jun 200519,64852.337.38$71,265
May 2005110,43445.226.65$69,443
Apr 200508,07849.207.36$59,458
Mar 2005010,27050.377.15$73,481
Feb 2005110,59045.226.31$66,888
Jan 20051827,96543.166.32$58,211
Dec 2004011,56339.866.75$78,063
Nov 2004012,45345.286.33$78,833
Oct 2004012,94249.706.52$84,318
Sep 2004013,19843.245.28$69,737
Aug 200416514,06342.375.55$85,050
Jul 2004012,13838.286.08$73,850
Jun 2004113,60036.106.43$87,525
May 2004116,75237.486.49$108,835
Apr 200418317,77034.475.86$110,413
Mar 2004119,47234.365.53$107,717
Feb 2004120,69032.455.51$114,026
Jan 200419725,77732.036.30$168,696
Dec 2003229,56930.266.30$186,394
Nov 200318434,53028.804.60$163,970
Oct 2003143,70128.174.76$208,029
Sep 200333,14026.314.75$14,992

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            19 bbl  × $ 63.48 =     $1,206
Gas                    0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $1,206

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/198725 is the state's own key, not one this site invented.