SHAW 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 203034District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
May 2004 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
265
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 Gas112004-09-24159006
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
CondensateDisposition1,435 bbl$90,400
GasProduction860,601 Mcf$5,057,372
Total$5,147,773

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 32.1964, -95.1492. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19636, -95.14923 · 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
11,984 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 11,984 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-42331751611,984 ftMay 2004

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 (265)

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

265 months

May 202601,276106.413.05$3,886
Apr 2026099298.932.87$2,847
Mar 2026096489.753.15$3,036
Feb 2026086863.503.75$3,255
Jan 2026079159.138.00$6,326
Dec 2025081356.664.41$3,588
Nov 2025081358.593.93$3,192
Oct 2025087359.383.30$2,885
Sep 2025076762.743.08$2,360
Aug 202501,01263.933.01$3,051
Jul 2025097766.743.32$3,239
Jun 2025191666.483.13$2,932
May 2025083960.553.23$2,712
Apr 2025083362.363.54$2,951
Mar 2025292467.704.27$4,079
Feb 2025181670.884.34$3,613
Jan 2025090374.324.28$3,864
Dec 2024089168.993.12$2,781
Nov 2024089169.052.20$1,959
Oct 2024088571.372.28$2,019
Sep 2024054769.612.36$1,293
Aug 2024090275.632.06$1,861
Jul 2024096079.932.15$2,061
Jun 202401,15978.082.63$3,053
May 202401,35478.812.20$2,977
Apr 2024068784.451.66$1,140
Mar 2024083080.301.55$1,282
Feb 2024074576.091.78$1,329
Jan 202401,59173.023.30$5,247
Dec 202311,04471.262.61$2,797
Nov 2023099877.892.81$2,802
Oct 202301,29785.443.09$4,004
Sep 202301,17689.042.74$3,216
Aug 202302,83980.522.67$7,588
Jul 202302,30074.852.64$6,076
Jun 202301,24568.962.26$2,812
May 202301,25970.622.23$2,804
Apr 2023099178.122.24$2,218
Mar 202301,16672.852.39$2,790
Feb 202311,06175.112.47$2,691
Jan 202301,18876.533.39$4,025
Dec 202201,31676.415.73$7,539
Nov 202201,35985.005.65$7,673
Oct 202201,21887.185.86$7,142
Sep 2022099284.888.16$8,098
Aug 202201,15094.529.13$10,496
Jul 202211,100101.587.54$8,398
Jun 202211,119115.097.98$9,042
May 202201,184109.378.43$9,985
Apr 202211,183104.226.84$8,193
Mar 202211,233108.885.08$6,368
Feb 2022293791.054.86$4,735
Jan 202201,25781.844.54$5,704
Dec 202111,33971.323.90$5,292
Nov 202101,22677.435.24$6,420
Oct 202111,21179.795.71$6,999
Sep 202111,16869.865.35$6,320
Aug 202111,22066.024.22$5,215
Jul 202121,32270.783.98$5,406
Jun 202111,15969.493.38$3,988
May 2021801,27563.483.02$8,926
Apr 202101,27560.362.76$3,517
Mar 202101,06161.302.72$2,883
Feb 202101,01257.805.55$5,615
Jan 202102,04550.412.81$5,747
Dec 2020076244.642.68$2,039
Nov 2020087938.772.71$2,379
Oct 2020076636.972.48$1,898
Sep 202001,02137.091.99$2,033
Aug 202001,08439.982.39$2,585
Jul 202001,13938.371.83$2,079
Jun 2020089834.901.69$1,518
May 202001,03616.921.81$1,880
Apr 202001,18214.751.80$2,133
Mar 202001,28930.341.86$2,393
Feb 2020141,18949.881.98$3,053
Jan 202001,05757.252.09$2,214
Dec 201901,24059.012.30$2,857
Nov 201901,28255.302.75$3,526
Oct 201901,35353.472.42$3,272
Sep 201901,33655.052.66$3,550
Aug 201901,31453.112.30$3,028
Jul 201901,32456.272.46$3,257
Jun 201901,27852.782.49$3,184
May 201901,29458.482.74$3,546
Apr 201901,29462.632.75$3,559
Mar 201901,33256.803.06$4,079
Feb 201901,24650.852.79$3,479
Jan 201901,35546.033.23$4,374
Dec 201801,37246.594.19$5,742
Nov 201801,38352.934.24$5,860
Oct 201801,21061.443.40$4,112
Sep 201801,38159.543.11$4,292
Aug 201801,48559.403.07$4,554
Jul 201801,48165.142.93$4,342
Jun 201801,44560.183.08$4,446
May 201801,45665.382.90$4,224
Apr 201801,41463.842.90$4,102
Mar 201801,44861.222.79$4,035
Feb 201801,34061.782.77$3,707
Jan 201801,47862.874.01$5,926
Dec 2017085957.272.92$2,510
Nov 201701,38155.423.12$4,306
Oct 201701,43049.292.98$4,267
Sep 201701,69847.523.09$5,242
Aug 201701,78645.373.00$5,366
Jul 201701,45543.873.09$4,492
Jun 201701,83042.493.09$5,650
May 201701,16745.373.26$3,808
Apr 2017091147.933.21$2,926
Mar 201701,65846.772.98$4,947
Feb 201701,44750.452.95$4,272
Jan 201701,68849.413.42$5,771
Dec 201601,74848.763.72$6,508
Nov 201601,60342.492.64$4,239
Oct 201601,70646.193.09$5,272
Sep 201601,75041.553.10$5,426
Aug 201601,81741.442.92$5,314
Jul 201601,61541.622.92$4,723
Jun 201601,69545.352.69$4,552
May 201601,79642.521.99$3,576
Apr 201601,76036.561.99$3,504
Mar 201601,78933.011.79$3,209
Feb 201601,68626.472.06$3,479
Jan 20161111,93727.352.36$7,616
Dec 201501,88932.362.00$3,781
Nov 201501,78438.792.17$3,867
Oct 201501,91543.552.43$4,647
Sep 201501,72342.992.76$4,753
Aug 201502,20840.162.87$6,342
Jul 201501,56148.152.95$4,597
Jun 201502,02356.152.88$5,832
May 201501,92655.212.96$5,692
Apr 201501,94749.822.71$5,270
Mar 201502,21542.892.93$6,500
Feb 201502,04544.662.98$6,086
Jan 201502,15243.433.10$6,673
Dec 201402,25754.693.59$8,106
Nov 201403,02370.464.25$12,853
Oct 201402,56178.303.90$9,990
Sep 201402,21886.164.05$8,973
Aug 201402,42289.394.04$9,773
Jul 201402,25696.564.18$9,429
Jun 201402,60198.164.74$12,321
May 201402,09494.734.73$9,897
Apr 201402,20995.944.81$10,623
Mar 201412,57995.895.06$13,137
Feb 201402,29397.406.19$14,198
Jan 201401,95390.404.86$9,493
Dec 201302,14291.824.35$9,327
Nov 201302,11788.853.74$7,914
Oct 201302,23297.423.78$8,436
Sep 201302,285104.113.72$8,495
Aug 201302,641104.253.52$9,303
Jul 20130861102.523.72$3,201
Jun 201301,32694.403.93$5,216
May 201301,83194.834.15$7,597
Apr 201301,28893.964.28$5,516
Mar 201301,87293.623.91$7,325
Feb 201302,06491.233.42$7,059
Jan 201301,86291.603.42$6,368
Dec 201201,88386.773.42$6,440
Nov 201202,04586.953.62$7,413
Oct 201201,52389.383.40$5,178
Sep 201201,87394.672.92$5,466
Aug 201201,63292.662.91$4,746
Jul 201201,73785.133.02$5,247
Jun 201202,06279.822.52$5,194
May 20121521,79191.612.49$18,381
Apr 201201,867101.652.00$3,728
Mar 201202,128105.052.22$4,729
Feb 201202,001101.102.57$5,143
Jan 201202,23698.092.73$6,113
Dec 201102,45396.873.24$7,947
Nov 201101,99395.723.31$6,599
Oct 201102,34184.983.65$8,541
Sep 201102,39083.623.99$9,526
Aug 201102,34883.404.15$9,743
Jul 201102,52094.144.52$11,383
Jun 201102,51792.904.64$11,679
May 201102,54598.134.40$11,210
Apr 201102,560105.964.33$11,093
Mar 201102,99896.364.06$12,164
Feb 201102,33685.644.18$9,764
Jan 201102,99686.504.59$13,748
Dec 201003,05085.734.35$13,261
Nov 201002,85480.843.80$10,832
Oct 201003,08778.103.51$10,832
Sep 201003,01972.633.98$12,014
Aug 201002,93173.684.42$12,953
Jul 201003,20372.554.74$15,171
Jun 201003,14470.364.91$15,438
May 2010413,15571.124.24$16,278
Apr 2010513,16481.694.12$17,210
Mar 201003,26578.394.39$14,329
Feb 201002,98573.585.44$16,245
Jan 201003,32674.365.96$19,837
Dec 200903,40371.445.48$18,661
Nov 200903,19174.593.75$11,971
Oct 200903,59672.544.11$14,780
Sep 200903,31065.543.06$10,144
Aug 200903,03667.423.22$9,771
Jul 200903,38861.133.46$11,738
Jun 200903,03466.163.90$11,817
May 200903,32754.743.93$13,061
Apr 200903,32546.773.59$11,928
Mar 200903,47142.144.06$14,089
Feb 200903,23932.814.63$15,006
Jan 200913,69535.865.37$19,882
Dec 200803,71237.105.98$22,187
Nov 200813,98855.496.86$27,415
Oct 200804,22475.246.92$29,238
Sep 20081834,169101.767.88$51,462
Aug 200814,335114.228.48$36,888
Jul 200804,414131.0811.39$50,273
Jun 200804,409131.3313.03$57,461
May 200804,795123.1711.57$55,499
Apr 200804,752110.3110.45$49,681
Mar 200804,665101.909.66$45,083
Feb 200804,18992.538.77$36,740
Jan 200804,77890.388.21$39,207
Dec 200704,93088.337.30$35,999
Nov 200714,84791.677.29$35,435
Oct 200715,26382.856.92$36,513
Sep 200715,21175.846.24$32,614
Aug 200705,38569.066.39$34,399
Jul 200715,60770.906.39$35,888
Jun 200715,65962.007.55$42,779
May 200716,02658.747.85$47,340
Apr 200715,77159.617.81$45,103
Mar 200706,02056.927.30$43,958
Feb 200725,54055.108.22$45,627
Jan 200726,50250.306.73$43,839
Dec 200616,61456.656.92$45,815
Nov 200616,19854.207.62$47,267
Oct 200616,66654.906.01$40,143
Sep 200616,51060.085.04$32,852
Aug 20061736,91868.717.34$62,664
Jul 200617,10769.376.34$45,147
Jun 200616,47866.286.38$41,421
May 200617,66166.016.42$49,288
Apr 200617,79964.397.36$57,469
Mar 200608,55556.707.08$60,594
Feb 200618,28157.597.75$64,245
Jan 200629,45360.598.93$84,568
Dec 200509,98754.9413.42$133,980
Nov 2005010,05354.6910.59$106,445
Oct 2005111,15558.3413.80$153,950
Sep 200517911,93161.4512.08$155,114
Aug 200507,12661.519.80$69,812
Jul 2005010,34755.697.84$81,158
Jun 2005110,31652.337.38$76,195
May 200506,22945.226.65$41,430
Apr 200509,74649.207.36$71,735
Mar 2005010,35650.377.15$74,096
Feb 200519,56645.226.31$60,425
Jan 2005111,74043.166.32$74,266
Dec 200417911,84939.866.75$87,128
Nov 2004013,83145.286.33$87,556
Oct 2004015,82749.706.52$103,114
Sep 2004117,22743.245.28$91,069
Aug 2004020,64842.375.55$114,610
Jul 200420824,75738.286.08$158,588
Jun 2004430,73936.106.43$197,889
May 20041039,59337.486.49$257,515

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                1,276 Mcf  × $  3.05 =     $3,886

────────────────────────────────────────────────────
Month total                                   $3,886

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/203034 is the state's own key, not one this site invented.