SMITH, T.W. GAS UNIT NO. 1

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 205023District 06Field 783305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.3 M
Jul 2004 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
263
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 Gas112005-02-28160530
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
CondensateDisposition5,253 bbl$350,160
GasProduction535,860 Mcf$2,975,469
Total$3,325,628

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 32.7997, -95.0326. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.79973, -95.03260 · 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
Jul 2004
1 of 1 wells

1 well

42-45931182311,020 ftJul 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 (263)

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

263 months

May 20260400106.413.05$1,218
Apr 2026064398.932.87$1,845
Mar 2026025089.753.15$787
Feb 2026027463.503.75$1,028
Jan 2026044459.138.00$3,551
Dec 2025029456.664.41$1,298
Nov 2025048258.593.93$1,893
Oct 2025044459.383.30$1,467
Sep 2025052862.743.08$1,625
Aug 2025045463.933.01$1,369
Jul 2025046266.743.32$1,532
Jun 2025049266.483.13$1,539
May 2025054360.553.23$1,755
Apr 20256546062.363.54$5,683
Mar 2025152367.704.27$2,300
Feb 2025046070.884.34$1,997
Jan 2025055474.324.28$2,370
Dec 2024243468.993.12$1,493
Nov 2024052369.052.20$1,150
Oct 2024047071.372.28$1,072
Sep 2024122969.612.36$611
Aug 2024144075.632.06$984
Jul 2024061679.932.15$1,322
Jun 2024171978.082.63$1,972
May 20245262778.812.20$5,477
Apr 2024054584.451.66$904
Mar 2024082180.301.55$1,269
Feb 2024177376.091.78$1,455
Jan 20244852273.023.30$5,226
Dec 2023088771.262.61$2,316
Nov 2023069777.892.81$1,957
Oct 2023062085.443.09$1,914
Sep 2023063989.042.74$1,748
Aug 202311278780.522.67$11,122
Jul 2023082674.852.64$2,182
Jun 202301,32368.962.26$2,988
May 2023080670.622.23$1,795
Apr 202301,01578.122.24$2,271
Mar 202301,11772.852.39$2,673
Feb 2023070075.112.47$1,726
Jan 20238281476.533.39$9,033
Dec 2022095476.415.73$5,466
Nov 2022089085.005.65$5,025
Oct 202201,04987.185.86$6,151
Sep 2022088584.888.16$7,225
Aug 202201,18394.529.13$10,797
Jul 20220586101.587.54$4,420
Jun 20220570115.097.98$4,547
May 20220576109.378.43$4,857
Apr 20220457104.226.84$3,125
Mar 20220626108.885.08$3,178
Feb 2022053091.054.86$2,575
Jan 2022091781.844.54$4,161
Dec 202110578171.323.90$10,534
Nov 2021079177.435.24$4,142
Oct 2021086179.795.71$4,920
Sep 2021091469.865.35$4,891
Aug 2021082366.024.22$3,474
Jul 2021074070.783.98$2,947
Jun 2021048669.493.38$1,643
May 2021073563.483.02$2,218
Apr 2021084260.362.76$2,323
Mar 202112169161.302.72$9,295
Feb 2021072157.805.55$4,000
Jan 2021079950.412.81$2,245
Dec 2020071544.642.68$1,913
Nov 202001,04938.772.71$2,839
Oct 202001,13436.972.48$2,811
Sep 202001,14937.091.99$2,288
Aug 2020069739.982.39$1,662
Jul 2020082938.371.83$1,513
Jun 202001,00034.901.69$1,690
May 2020077316.921.81$1,403
Apr 2020054614.751.80$985
Mar 202013680930.341.86$5,628
Feb 2020090349.881.98$1,789
Jan 202001,13657.252.09$2,380
Dec 201901,18859.012.30$2,738
Nov 2019096755.302.75$2,660
Oct 201901,14853.472.42$2,776
Sep 201901,10655.052.66$2,939
Aug 201901,25853.112.30$2,899
Jul 201901,17656.272.46$2,893
Jun 20191041,25552.782.49$8,616
May 201901,33658.482.74$3,661
Apr 2019097162.632.75$2,671
Mar 201901,23056.803.06$3,766
Feb 201901,02250.852.79$2,854
Jan 2019901,29446.033.23$8,320
Dec 201801,20446.594.19$5,039
Nov 201801,31252.934.24$5,559
Oct 201801,20561.443.40$4,095
Sep 2018098159.543.11$3,049
Aug 201801,30059.403.07$3,987
Jul 20181001,26065.142.93$10,208
Jun 201801,26260.183.08$3,883
May 201801,19865.382.90$3,475
Apr 201801,33963.842.90$3,884
Mar 201801,47361.222.79$4,105
Feb 201801,41061.782.77$3,900
Jan 201801,20362.874.01$4,823
Dec 20171071,46957.272.92$10,420
Nov 201701,53555.423.12$4,787
Oct 201701,57049.292.98$4,684
Sep 201701,56347.523.09$4,825
Aug 201701,60745.373.00$4,828
Jul 201701,43143.873.09$4,418
Jun 2017971,32142.493.09$8,200
May 201701,31645.373.26$4,295
Apr 201701,37247.933.21$4,406
Mar 201701,40346.772.98$4,186
Feb 201701,39250.452.95$4,110
Jan 201701,52349.413.42$5,207
Dec 20161031,40948.763.72$10,268
Nov 201601,48942.492.64$3,937
Oct 201611,60346.193.09$5,000
Sep 201601,34141.553.10$4,158
Aug 201601,30741.442.92$3,822
Jul 2016971,65841.622.92$8,886
Jun 201611,59545.352.69$4,329
May 201601,67442.521.99$3,333
Apr 201601,60536.561.99$3,196
Mar 201601,61133.011.79$2,890
Feb 201601,23126.472.06$2,540
Jan 201601,48127.352.36$3,502
Dec 2015811,66432.362.00$5,952
Nov 201501,37238.792.17$2,974
Oct 201501,69943.552.43$4,123
Sep 201501,67242.992.76$4,612
Aug 201501,63140.162.87$4,685
Jul 2015951,71848.152.95$9,634
Jun 201501,62456.152.88$4,682
May 201501,72955.212.96$5,110
Apr 201501,69249.822.71$4,580
Mar 2015911,72242.892.93$8,957
Feb 201501,57844.662.98$4,696
Jan 201501,63743.433.10$5,076
Dec 201401,57754.693.59$5,664
Nov 201401,58270.464.25$6,726
Oct 2014911,57178.303.90$13,254
Sep 201401,70286.164.05$6,885
Aug 201401,67089.394.04$6,739
Jul 201401,72496.564.18$7,206
Jun 201401,73498.164.74$8,214
May 201402,13594.734.73$10,091
Apr 201401,87695.944.81$9,022
Mar 201411,77995.895.06$9,092
Feb 20141011,52797.406.19$19,293
Jan 201401,92890.404.86$9,371
Dec 201301,16091.824.35$5,051
Nov 201311,91088.853.74$7,229
Oct 201301,98397.423.78$7,494
Sep 201301,894104.113.72$7,041
Aug 201301,918104.253.52$6,756
Jul 2013921,854102.523.72$16,325
Jun 201301,39194.403.93$5,471
May 201351,70594.834.15$7,548
Apr 201301,72793.964.28$7,396
Mar 2013821,98293.623.91$15,432
Feb 201301,80591.233.42$6,173
Jan 201301,99391.603.42$6,816
Dec 201202,05186.773.42$7,015
Nov 2012991,74286.953.62$14,923
Oct 201201,50589.383.40$5,117
Sep 201201,30894.672.92$3,817
Aug 201201,23992.662.91$3,603
Jul 20121131,31485.133.02$13,589
Jun 201201,45179.822.52$3,655
May 201201,73591.612.49$4,317
Apr 201201,358101.652.00$2,712
Mar 2012991,522105.052.22$13,782
Feb 201241,447101.102.57$4,124
Jan 201201,26898.092.73$3,467
Dec 201101,79996.873.24$5,828
Nov 2011831,71695.723.31$13,627
Oct 201101,88384.983.65$6,870
Sep 201101,89583.623.99$7,553
Aug 201101,85583.404.15$7,697
Jul 201101,76394.144.52$7,964
Jun 2011921,59892.904.64$15,961
May 201101,62098.134.40$7,136
Apr 201101,722105.964.33$7,462
Mar 201131,68396.364.06$7,118
Feb 2011871,44585.644.18$13,491
Jan 201101,68686.504.59$7,737
Dec 201001,78985.734.35$7,778
Nov 2010901,71580.843.80$13,785
Oct 201001,62978.103.51$5,716
Sep 201001,73172.633.98$6,888
Aug 201002,09773.684.42$9,267
Jul 2010871,93872.554.74$15,491
Jun 201001,72070.364.91$8,446
May 201002,30571.124.24$9,762
Apr 2010852,09681.694.12$15,585
Mar 201002,42678.394.39$10,647
Feb 201002,27873.585.44$12,398
Jan 201003,09174.365.96$18,435
Dec 2009574,02171.445.48$26,122
Nov 200902,85574.593.75$10,711
Oct 200903,07872.544.11$12,651
Sep 2009372,55965.543.06$10,268
Aug 200902,44967.423.22$7,882
Jul 200902,16061.133.46$7,483
Jun 2009362,39666.163.90$11,714
May 200901,51754.743.93$5,955
Apr 200902,66446.773.59$9,557
Mar 2009472,89942.144.06$13,748
Feb 200902,65632.814.63$12,305
Jan 200902,81235.865.37$15,103
Dec 200802,77037.105.98$16,557
Nov 200803,00955.496.86$20,643
Oct 2008352,83275.246.92$22,236
Sep 200802,825101.767.88$22,253
Aug 200802,758114.228.48$23,396
Jul 2008692,534131.0811.39$37,905
Jun 200823,312131.3313.03$43,427
May 2008892,855123.1711.57$44,007
Apr 200802,765110.3110.45$28,908
Mar 20081283,292101.909.66$44,857
Feb 200802,60492.538.77$22,839
Jan 200801,65390.388.21$13,564
Dec 2007871,72588.337.30$20,281
Nov 200701,85291.677.29$13,504
Oct 200732,71482.856.92$19,035
Sep 2007782,40175.846.24$20,908
Aug 200722,45469.066.39$15,814
Jul 200722,41270.906.39$15,550
Jun 200702,49462.007.55$18,826
May 2007822,48158.747.85$24,283
Apr 200702,04959.617.81$15,993
Mar 2007742,11856.927.30$19,678
Feb 200703,13555.108.22$25,757
Jan 200722,91850.306.73$19,730
Dec 2006643,33456.656.92$26,692
Nov 200612,95554.207.62$22,564
Oct 2006893,47254.906.01$25,766
Sep 200603,83160.085.04$19,298
Aug 200634,26168.717.34$31,482
Jul 2006744,08769.376.34$31,056
Jun 200664,04866.286.38$26,240
May 200624,41066.016.42$28,466
Apr 2006864,94664.397.36$41,942
Mar 2006785,60156.707.08$44,094
Feb 2006984,93457.597.75$43,888
Jan 200645,15160.598.93$46,258
Dec 2005504,77754.9413.42$66,832
Nov 200535,83854.6910.59$61,979
Oct 2005567,19158.3413.80$102,472
Sep 200556,70861.4512.08$81,333
Aug 2005496,73661.519.80$69,006
Jul 200507,84955.697.84$61,565
Jun 2005806,22652.337.38$50,141
May 200506,19945.226.65$41,231
Apr 20051296,77149.207.36$56,185
Mar 200506,95850.377.15$49,784
Feb 20051406,93245.226.31$50,085
Jan 200528,93443.166.32$56,569
Dec 200413812,03639.866.75$86,757
Nov 20045410,56045.286.33$69,294
Oct 200411811,77549.706.52$82,580
Sep 200411718,41343.245.28$102,352
Aug 20046713,20642.375.55$76,141
Jul 20040038.286.08$0

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                  400 Mcf  × $  3.05 =     $1,218

────────────────────────────────────────────────────
Month total                                   $1,218

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/205023 is the state's own key, not one this site invented.