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 203101District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
May 2004 – May 2026
Value, last 12 filed months
$37 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 Gas112004-09-24159027
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
CondensateDisposition3,640 bbl$216,988
GasProduction921,490 Mcf$5,520,404
Total$5,737,392

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 32.1852, -95.1473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18517, -95.14731 · 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
11,980 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 11,980 ft.

Completions filed
May 2004
1 of 1 wells

1 well

42-42331740311,980 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 202601,414106.413.05$4,307
Apr 202611,92198.932.87$5,612
Mar 202601,80489.753.15$5,682
Feb 202621,31663.503.75$5,062
Jan 2026064659.138.00$5,167
Dec 2025047756.664.41$2,105
Nov 2025047858.593.93$1,877
Oct 2025048459.383.30$1,600
Sep 2025043362.743.08$1,332
Aug 2025044963.933.01$1,354
Jul 2025044866.743.32$1,485
Jun 2025047266.483.13$1,477
May 2025039360.553.23$1,270
Apr 2025055162.363.54$1,952
Mar 2025067867.704.27$2,894
Feb 2025049470.884.34$2,144
Jan 2025051674.324.28$2,208
Dec 2024057768.993.12$1,801
Nov 2024068069.052.20$1,495
Oct 2024078971.372.28$1,800
Sep 2024064569.612.36$1,525
Aug 2024076575.632.06$1,579
Jul 2024079879.932.15$1,713
Jun 2024077078.082.63$2,028
May 2024086878.812.20$1,908
Apr 2024063284.451.66$1,049
Mar 2024160180.301.55$1,009
Feb 2024091376.091.78$1,628
Jan 2024091673.023.30$3,021
Dec 2023095771.262.61$2,498
Nov 2023096577.892.81$2,709
Oct 202301,19085.443.09$3,674
Sep 202301,36989.042.74$3,744
Aug 202301,40580.522.67$3,755
Jul 202301,45074.852.64$3,831
Jun 202301,34368.962.26$3,033
May 202301,32370.622.23$2,947
Apr 202301,16178.122.24$2,598
Mar 202301,25172.852.39$2,994
Feb 202311,04975.112.47$2,662
Jan 2023078776.533.39$2,666
Dec 2022079776.415.73$4,566
Nov 2022096685.005.65$5,454
Oct 2022090587.185.86$5,307
Sep 2022096284.888.16$7,853
Aug 202201,28994.529.13$11,765
Jul 202211,253101.587.54$9,552
Jun 202211,083115.097.98$8,754
May 202201,134109.378.43$9,563
Apr 202211,112104.226.84$7,708
Mar 202211,007108.885.08$5,221
Feb 2022294091.054.86$4,749
Jan 2022091581.844.54$4,152
Dec 202111,05171.323.90$4,169
Nov 202101,06177.435.24$5,556
Oct 202111,05879.795.71$6,125
Sep 202111,13269.865.35$6,127
Aug 202111,16366.024.22$4,975
Jul 202121,14770.783.98$4,709
Jun 202111,13469.493.38$3,903
May 2021321,82563.483.02$7,539
Apr 202101,53760.362.76$4,240
Mar 202101,08361.302.72$2,942
Feb 2021097457.805.55$5,404
Jan 202101,15050.412.81$3,232
Dec 2020068744.642.68$1,838
Nov 2020097438.772.71$2,636
Oct 202001,11736.972.48$2,768
Sep 202001,07437.091.99$2,138
Aug 202001,04339.982.39$2,488
Jul 202001,10138.371.83$2,009
Jun 2020038334.901.69$647
May 2020080016.921.81$1,452
Apr 202001,09314.751.80$1,972
Mar 202001,03930.341.86$1,929
Feb 2020099249.881.98$1,965
Jan 202001,22157.252.09$2,558
Dec 201901,10459.012.30$2,544
Nov 20195296455.302.75$5,527
Oct 201901,26653.472.42$3,062
Sep 201901,22655.052.66$3,258
Aug 201901,22053.112.30$2,811
Jul 2019093456.272.46$2,298
Jun 201901,00352.782.49$2,499
May 2019098958.482.74$2,710
Apr 201901,09662.632.75$3,015
Mar 201901,13056.803.06$3,460
Feb 2019082050.852.79$2,290
Jan 2019099446.033.23$3,209
Dec 2018043846.594.19$1,833
Nov 2018062052.934.24$2,627
Oct 201801,23461.443.40$4,193
Sep 201801,25859.543.11$3,910
Aug 201811,39359.403.07$4,331
Jul 201801,38465.142.93$4,058
Jun 201801,27660.183.08$3,926
May 201801,10465.382.90$3,202
Apr 2018641,37663.842.90$8,077
Mar 201801,44161.222.79$4,016
Feb 2018094461.782.77$2,611
Jan 201801,29262.874.01$5,180
Dec 201701,46157.272.92$4,268
Nov 201701,35855.423.12$4,235
Oct 201701,48949.292.98$4,443
Sep 201701,43747.523.09$4,436
Aug 201701,44345.373.00$4,335
Jul 201701,30643.873.09$4,032
Jun 201701,25242.493.09$3,865
May 201701,38045.373.26$4,503
Apr 201711,45547.933.21$4,721
Mar 2017671,34746.772.98$7,153
Feb 201701,23850.452.95$3,655
Jan 201701,47649.413.42$5,046
Dec 201601,50948.763.72$5,618
Nov 201601,58842.492.64$4,199
Oct 201601,66546.193.09$5,145
Sep 201601,47441.553.10$4,570
Aug 201601,65341.442.92$4,834
Jul 201601,56541.622.92$4,577
Jun 201601,73145.352.69$4,649
May 201601,72542.521.99$3,435
Apr 201601,75836.561.99$3,500
Mar 201601,85833.011.79$3,333
Feb 2016661,64226.472.06$5,136
Jan 201601,97527.352.36$4,670
Dec 201501,80332.362.00$3,609
Nov 201501,89638.792.17$4,109
Oct 201502,01143.552.43$4,880
Sep 201502,13142.992.76$5,878
Aug 201501,36440.162.87$3,918
Jul 201501,68248.152.95$4,954
Jun 2015991,43456.152.88$9,693
May 201501,36855.212.96$4,043
Apr 201511,64849.822.71$4,510
Mar 201502,07342.892.93$6,084
Feb 201501,68144.662.98$5,003
Jan 201502,05843.433.10$6,381
Dec 201401,97154.693.59$7,079
Nov 201401,58270.464.25$6,726
Oct 201401,57878.303.90$6,156
Sep 201401,67086.164.05$6,756
Aug 201401,91089.394.04$7,707
Jul 201402,03696.564.18$8,510
Jun 2014821,77998.164.74$16,476
May 201401,88394.734.73$8,900
Apr 201401,97395.944.81$9,488
Mar 201411,81695.895.06$9,279
Feb 201401,39897.406.19$8,656
Jan 2014601,59790.404.86$13,187
Dec 201302,05091.824.35$8,927
Nov 201302,10288.853.74$7,858
Oct 201302,13897.423.78$8,080
Sep 201302,154104.113.72$8,008
Aug 201302,226104.253.52$7,841
Jul 201302,258102.523.72$8,395
Jun 201302,16294.403.93$8,504
May 201302,24294.834.15$9,302
Apr 201302,28293.964.28$9,773
Mar 201302,37893.623.91$9,305
Feb 201302,14991.233.42$7,349
Jan 2013692,38391.603.42$14,470
Dec 201212,49686.773.42$8,623
Nov 201202,49486.953.62$9,041
Oct 201202,45589.383.40$8,346
Sep 201202,08494.672.92$6,082
Aug 201202,30792.662.91$6,709
Jul 201202,10285.133.02$6,350
Jun 201202,47079.822.52$6,222
May 201202,41691.612.49$6,012
Apr 2012712,294101.652.00$11,798
Mar 201202,454105.052.22$5,453
Feb 201202,473101.102.57$6,356
Jan 201202,41898.092.73$6,611
Dec 201102,35296.873.24$7,620
Nov 201102,70095.723.31$8,940
Oct 201102,79484.983.65$10,194
Sep 201102,66083.623.99$10,602
Aug 201102,70683.404.15$11,228
Jul 2011592,80194.144.52$18,207
Jun 201102,87792.904.64$13,349
May 201102,82198.134.40$12,426
Apr 201102,713105.964.33$11,756
Mar 201113,00896.364.06$12,301
Feb 201102,63085.644.18$10,993
Jan 201102,92986.504.59$13,441
Dec 2010603,11985.734.35$18,704
Nov 201003,05380.843.80$11,587
Oct 201002,98978.103.51$10,488
Sep 201002,48572.633.98$9,889
Aug 201003,31473.684.42$14,646
Jul 201003,27672.554.74$15,517
Jun 2010533,30870.364.91$19,973
May 201003,24671.124.24$13,748
Apr 201003,22281.694.12$13,283
Mar 201003,42478.394.39$15,027
Feb 201003,28773.585.44$17,889
Jan 2010673,33874.365.96$24,890
Dec 200903,54571.445.48$19,440
Nov 200903,58774.593.75$13,457
Oct 200903,63072.544.11$14,920
Sep 200903,47865.543.06$10,659
Aug 200903,28167.423.22$10,560
Jul 200903,43261.133.46$11,890
Jun 2009623,52866.163.90$17,843
May 200903,88254.743.93$15,240
Apr 200903,72246.773.59$13,353
Mar 200914,03042.144.06$16,400
Feb 2009483,59532.814.63$18,231
Jan 200904,11135.865.37$22,080
Dec 200804,06337.105.98$24,285
Nov 200804,26055.496.86$29,225
Oct 200804,37475.246.92$30,277
Sep 2008524,347101.767.88$39,533
Aug 200814,404114.228.48$37,473
Jul 200804,632131.0811.39$52,756
Jun 200804,443131.3313.03$57,904
May 2008584,744123.1711.57$62,052
Apr 2008555,029110.3110.45$58,645
Mar 200804,843101.909.66$46,803
Feb 200814,35492.538.77$38,280
Jan 200804,67790.388.21$38,378
Dec 2007544,98988.337.30$41,199
Nov 200714,81891.677.29$35,223
Oct 2007645,50482.856.92$43,401
Sep 200715,57075.846.24$34,856
Aug 200705,60369.066.39$35,792
Jul 200705,28470.906.39$33,754
Jun 2007525,90162.007.55$47,767
May 200706,26258.747.85$49,133
Apr 200706,27559.617.81$48,978
Mar 2007536,62856.927.30$51,414
Feb 200725,99755.108.22$49,382
Jan 2007496,81550.306.73$48,308
Dec 200617,22456.656.92$50,035
Nov 200617,10054.207.62$54,138
Oct 2006667,59754.906.01$49,310
Sep 200607,69960.085.04$38,781
Aug 2006458,36268.717.34$64,468
Jul 200608,83369.376.34$56,026
Jun 2006456,72866.286.38$45,933
May 200619,12266.016.42$58,675
Apr 2006969,10164.397.36$73,169
Mar 200619,67356.707.08$68,570
Feb 2006999,01757.597.75$75,593
Jan 2006210,89760.598.93$97,468
Dec 20054010,21754.9413.42$139,263
Nov 20057911,28554.6910.59$123,811
Oct 20053112,25458.3413.80$170,862
Sep 20055813,05861.4512.08$161,292
Aug 200510411,97461.519.80$123,704
Jul 2005211,08255.697.84$87,035
Jun 200519510,64552.337.38$88,776
May 2005112,71745.226.65$84,628
Apr 2005111,20749.207.36$82,538
Mar 200517614,01250.377.15$109,119
Feb 2005114,00545.226.31$88,444
Jan 200518814,31943.166.32$98,642
Dec 2004115,22739.866.75$102,839
Nov 200418317,52445.286.33$119,221
Oct 2004020,50349.706.52$133,579
Sep 200418222,33743.245.28$125,896
Aug 200418726,96642.375.55$157,602
Jul 200418232,10438.286.08$202,293
Jun 200418343,48036.106.43$286,314
May 20041021,53237.486.49$140,216

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                1,414 Mcf  × $  3.05 =     $4,307

────────────────────────────────────────────────────
Month total                                   $4,307

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/203101 is the state's own key, not one this site invented.