LEONARD, WILLIAM M.

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

Gas lease lease 203183District 06Field 783305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Jun 2004 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
264
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 188 leases and 188 wells, and the rule below applies to all of them.

Discovered
1975-11-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1999-07-27.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112004-11-19159600
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
CondensateDisposition2,631 bbl$180,178
GasProduction229,773 Mcf$1,465,446
Total$1,645,624

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 32.7996, -95.0038. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.79956, -95.00376 · 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
11,020 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 11,020 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-45931174311,020 ftJun 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 (264)

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

264 months

May 2026073106.413.05$222
Apr 2026267298.932.87$2,779
Mar 202608989.753.15$280
Feb 202607063.503.75$263
Jan 202607159.138.00$568
Dec 202509956.664.41$437
Nov 202507658.593.93$298
Oct 202509159.383.30$301
Sep 20252210562.743.08$1,703
Aug 202507263.933.01$217
Jul 202508966.743.32$295
Jun 202501066.483.13$31
May 202501060.553.23$32
Apr 202501262.363.54$43
Mar 202513967.704.27$919
Feb 20250670.884.34$26
Jan 202501174.324.28$47
Dec 202401068.993.12$31
Nov 202402069.052.20$44
Oct 2024011771.372.28$267
Sep 202407869.612.36$184
Aug 20240075.632.06$0
Jul 202403979.932.15$84
Jun 2024404578.082.63$3,242
May 202404978.812.20$108
Apr 202403684.451.66$60
Mar 202403180.301.55$48
Feb 202407676.091.78$136
Jan 20244010073.023.30$3,251
Dec 2023011671.262.61$303
Nov 2023014577.892.81$407
Oct 2023012685.443.09$389
Sep 2023010789.042.74$293
Aug 2023010680.522.67$283
Jul 2023018274.852.64$481
Jun 202308268.962.26$185
May 202308870.622.23$196
Apr 2023169278.122.24$1,456
Mar 2023011672.852.39$278
Feb 2023010875.112.47$266
Jan 2023015976.533.39$539
Dec 2022017476.415.73$997
Nov 2022019885.005.65$1,118
Oct 2022018187.185.86$1,061
Sep 2022015184.888.16$1,233
Aug 2022014294.529.13$1,296
Jul 20220172101.587.54$1,297
Jun 2022052115.097.98$415
May 20221040109.378.43$1,431
Apr 20220147104.226.84$1,005
Mar 2022060108.885.08$305
Feb 202204991.054.86$238
Jan 202206281.844.54$281
Dec 202106671.323.90$257
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202104869.865.35$257
Aug 202104066.024.22$169
Jul 202105070.783.98$199
Jun 2021314469.493.38$2,303
May 202105763.483.02$172
Apr 202107360.362.76$201
Mar 202107861.302.72$212
Feb 202107757.805.55$427
Jan 2021011350.412.81$318
Dec 202009144.642.68$243
Nov 2020197438.772.71$937
Oct 202008936.972.48$221
Sep 202008437.091.99$167
Aug 2020016039.982.39$382
Jul 202008838.371.83$161
Jun 2020013134.901.69$221
May 2020013416.921.81$243
Apr 2020011614.751.80$209
Mar 2020011630.341.86$215
Feb 202008749.881.98$172
Jan 2020012757.252.09$266
Dec 20195913259.012.30$3,786
Nov 2019016855.302.75$462
Oct 2019022453.472.42$542
Sep 2019018255.052.66$484
Aug 2019017453.112.30$401
Jul 2019019456.272.46$477
Jun 2019020852.782.49$518
May 2019023558.482.74$644
Apr 2019020162.632.75$553
Mar 2019026756.803.06$818
Feb 2019024850.852.79$692
Jan 20196929646.033.23$4,132
Dec 2018027046.594.19$1,130
Nov 2018027452.934.24$1,161
Oct 2018027561.443.40$934
Sep 2018027059.543.11$839
Aug 2018029559.403.07$905
Jul 2018031265.142.93$915
Jun 2018031360.183.08$963
May 2018034665.382.90$1,004
Apr 2018031863.842.90$922
Mar 2018033061.222.79$920
Feb 2018034861.782.77$963
Jan 20184534562.874.01$4,212
Dec 2017030657.272.92$894
Nov 2017034655.423.12$1,079
Oct 2017025349.292.98$755
Sep 20174823947.523.09$3,019
Aug 2017020545.373.00$616
Jul 2017031243.873.09$963
Jun 2017026942.493.09$830
May 2017021145.373.26$689
Apr 2017030447.933.21$976
Mar 2017031646.772.98$943
Feb 2017024850.452.95$732
Jan 2017025849.413.42$882
Dec 2016025548.763.72$949
Nov 2016030842.492.64$814
Oct 2016028946.193.09$893
Sep 2016031241.553.10$967
Aug 2016025641.442.92$749
Jul 2016031441.622.92$918
Jun 2016023845.352.69$639
May 2016015842.521.99$315
Apr 2016013536.561.99$269
Mar 2016023233.011.79$416
Feb 2016025626.472.06$528
Jan 2016026127.352.36$617
Dec 2015027732.362.00$554
Nov 2015022638.792.17$490
Oct 2015022443.552.43$544
Sep 2015026742.992.76$737
Aug 2015027240.162.87$781
Jul 2015025748.152.95$757
Jun 2015025656.152.88$738
May 2015030355.212.96$896
Apr 2015029649.822.71$801
Mar 20156834142.892.93$3,917
Feb 2015032944.662.98$979
Jan 2015037843.433.10$1,172
Dec 2014031754.693.59$1,138
Nov 2014031370.464.25$1,331
Oct 2014025678.303.90$999
Sep 2014030186.164.05$1,218
Aug 2014032789.394.04$1,319
Jul 2014033396.564.18$1,392
Jun 2014031498.164.74$1,487
May 2014032394.734.73$1,527
Apr 2014032895.944.81$1,577
Mar 2014055395.895.06$2,796
Feb 2014052297.406.19$3,232
Jan 2014078090.404.86$3,791
Dec 20136979791.824.35$9,806
Nov 2013085988.853.74$3,211
Oct 2013087197.423.78$3,292
Sep 20130482104.113.72$1,792
Aug 20130613104.253.52$2,159
Jul 20130729102.523.72$2,710
Jun 2013059894.403.93$2,352
May 2013077494.834.15$3,211
Apr 2013089993.964.28$3,850
Mar 2013082393.623.91$3,220
Feb 20136372091.233.42$8,210
Jan 2013073491.603.42$2,510
Dec 2012055886.773.42$1,908
Nov 2012088686.953.62$3,212
Oct 2012082589.383.40$2,805
Sep 2012065894.672.92$1,920
Aug 2012036792.662.91$1,067
Jul 2012051885.133.02$1,565
Jun 2012039479.822.52$993
May 20126072091.612.49$7,288
Apr 20120489101.652.00$976
Mar 20120906105.052.22$2,013
Feb 20120769101.102.57$1,977
Jan 201201,12498.092.73$3,073
Dec 2011048296.873.24$1,562
Nov 2011075295.723.31$2,490
Oct 2011033684.983.65$1,226
Sep 20117547683.623.99$8,169
Aug 2011044383.404.15$1,838
Jul 2011071294.144.52$3,216
Jun 2011047192.904.64$2,185
May 2011049398.134.40$2,172
Apr 201172510105.964.33$9,839
Mar 2011049896.364.06$2,021
Feb 2011039785.644.18$1,659
Jan 2011060786.504.59$2,785
Dec 2010079885.734.35$3,470
Nov 2010082480.843.80$3,127
Oct 201001,04178.103.51$3,653
Sep 20107197572.633.98$9,037
Aug 201001,01373.684.42$4,477
Jul 201001,29272.554.74$6,120
Jun 201001,07170.364.91$5,259
May 2010771,30571.124.24$11,003
Apr 201001,28981.694.12$5,314
Mar 201001,05878.394.39$4,643
Feb 2010085273.585.44$4,637
Jan 2010081774.365.96$4,873
Dec 20091091,65071.445.48$16,835
Nov 2009094874.593.75$3,556
Oct 2009048172.544.11$1,977
Sep 2009571,11065.543.06$7,138
Aug 2009086967.423.22$2,797
Jul 2009023761.133.46$821
Jun 2009047366.163.90$1,842
May 2009044154.743.93$1,731
Apr 200912454946.773.59$7,769
Mar 2009085642.144.06$3,475
Feb 2009056432.814.63$2,613
Jan 2009093735.865.37$5,033
Dec 200801,01537.105.98$6,067
Nov 200801,01055.496.86$6,929
Oct 20081171,06075.246.92$16,140
Sep 200801,178101.767.88$9,279
Aug 200801,872114.228.48$15,880
Jul 20081172,566131.0811.39$44,562
Jun 200801,768131.3313.03$23,042
May 200801,895123.1711.57$21,933
Apr 200801,876110.3110.45$19,613
Mar 200802,213101.909.66$21,387
Feb 200811,02692.538.77$9,091
Jan 20081332,21390.388.21$30,180
Dec 200702,76088.337.30$20,153
Nov 200702,75091.677.29$20,052
Oct 200722,42482.856.92$16,945
Sep 200702,85375.846.24$17,815
Aug 200702,23069.066.39$14,245
Jul 200722,18270.906.39$14,080
Jun 20071092,14962.007.55$22,980
May 200702,31558.747.85$18,164
Apr 200722,61859.617.81$20,553
Mar 200723,03656.927.30$22,283
Feb 200771,99955.108.22$16,809
Jan 2007552,71250.306.73$21,010
Dec 200622,66356.656.92$18,537
Nov 20061622,54654.207.62$28,175
Oct 200612,60154.906.01$15,697
Sep 200602,76460.085.04$13,923
Aug 200633,04868.717.34$22,578
Jul 200612,87569.376.34$18,305
Jun 200622,86666.286.38$18,429
May 200603,14266.016.42$20,187
Apr 200623,17564.397.36$23,498
Mar 20061713,10356.707.08$31,674
Feb 200622,87357.597.75$22,384
Jan 200603,36660.598.93$30,070
Dec 200523,20254.9413.42$43,066
Nov 200523,15054.6910.59$33,463
Oct 200502,16358.3413.80$29,840
Sep 20051672,80661.4512.08$44,156
Aug 200523,14961.519.80$30,973
Jul 200503,36755.697.84$26,410
Jun 200503,23052.337.38$23,841
May 200503,57945.226.65$23,805
Apr 200523,46649.207.36$25,610
Mar 20051143,63450.377.15$31,743
Feb 200563,10745.226.31$19,882
Jan 200524,07643.166.32$25,856
Dec 200404,30739.866.75$29,077
Nov 20041574,51745.286.33$35,703
Oct 200405,59349.706.52$36,439
Sep 200405,25143.245.28$27,746
Aug 200405,98142.375.55$33,199
Jul 200406,48938.286.08$39,480
Jun 200412,26136.106.43$14,581

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                   73 Mcf  × $  3.05 =       $222

────────────────────────────────────────────────────
Month total                                     $222

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/203183 is the state's own key, not one this site invented.