MORBY 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 208404District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Dec 2004 – May 2026
Value, last 12 filed months
$58 k
at the published price for each month
Months reported
258
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 Gas112005-07-21161345
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
CondensateDisposition2,627 bbl$171,455
GasProduction1,508,909 Mcf$9,276,698
Total$9,448,153

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 32.1716, -95.1603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17156, -95.16035 · 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
12,070 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 12,070 ft.

Completions filed
Dec 2004
1 of 1 wells

1 well

42-42331855512,070 ftDec 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 (258)

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

258 months

May 202601,402106.413.05$4,270
Apr 202601,29698.932.87$3,719
Mar 202601,45589.753.15$4,582
Feb 202601,35463.503.75$5,078
Jan 202601,24159.138.00$9,925
Dec 202501,33656.664.41$5,896
Nov 202501,22558.593.93$4,810
Oct 202501,35359.383.30$4,471
Sep 202501,15062.743.08$3,538
Aug 202501,18063.933.01$3,557
Jul 202501,40166.743.32$4,645
Jun 202501,06966.483.13$3,345
May 202501,35860.553.23$4,389
Apr 2025099262.363.54$3,515
Mar 2025286767.704.27$3,836
Feb 202511,01070.884.34$4,455
Jan 2025077574.324.28$3,316
Dec 2024048668.993.12$1,517
Nov 202401,13569.052.20$2,495
Oct 202401,19471.372.28$2,724
Sep 2024092969.612.36$2,196
Aug 2024058775.632.06$1,211
Jul 202401,02979.932.15$2,209
Jun 202411,15278.082.63$3,112
May 2024093378.812.20$2,051
Apr 202411,36884.451.66$2,354
Mar 202401,52980.301.55$2,363
Feb 202401,39676.091.78$2,490
Jan 202401,10673.023.30$3,647
Dec 202301,15271.262.61$3,008
Nov 202301,15377.892.81$3,237
Oct 202301,03785.443.09$3,202
Sep 202301,05489.042.74$2,883
Aug 2023089680.522.67$2,395
Jul 2023094174.852.64$2,486
Jun 202301,02568.962.26$2,315
May 202301,12570.622.23$2,506
Apr 2023055478.122.24$1,240
Mar 202301,39472.852.39$3,336
Feb 202321,40175.112.47$3,605
Jan 202301,72776.533.39$5,851
Dec 202201,58576.415.73$9,081
Nov 202201,33785.005.65$7,549
Oct 202201,44187.185.86$8,450
Sep 202201,50984.888.16$12,319
Aug 202201,59394.529.13$14,540
Jul 202211,684101.587.54$12,802
Jun 202211,288115.097.98$10,390
May 202201,709109.378.43$14,412
Apr 202231,660104.226.84$11,663
Mar 202211,659108.885.08$8,531
Feb 202241,64791.054.86$8,367
Jan 202201,80881.844.54$8,204
Dec 202111,76971.323.90$6,969
Nov 202111,78477.435.24$9,420
Oct 202131,70679.795.71$9,987
Sep 202111,86369.865.35$10,039
Aug 202131,56966.024.22$6,820
Jul 202131,82770.783.98$7,488
Jun 202122,04969.493.38$7,066
May 2021331,83463.483.02$7,629
Apr 202101,97660.362.76$5,451
Mar 202101,81361.302.72$4,926
Feb 202101,01957.805.55$5,653
Jan 202101,86550.412.81$5,241
Dec 202001,99544.642.68$5,338
Nov 202001,77138.772.71$4,793
Oct 202002,11636.972.48$5,244
Sep 202001,81437.091.99$3,612
Aug 202001,64839.982.39$3,931
Jul 202002,01238.371.83$3,672
Jun 202001,84334.901.69$3,115
May 202001,73416.921.81$3,147
Apr 202001,87214.751.80$3,378
Mar 202001,17230.341.86$2,176
Feb 202011,75949.881.98$3,534
Jan 202002,11657.252.09$4,432
Dec 201902,09759.012.30$4,832
Nov 201902,04455.302.75$5,622
Oct 201902,27953.472.42$5,512
Sep 201901,89455.052.66$5,033
Aug 201902,07253.112.30$4,775
Jul 201901,97156.272.46$4,849
Jun 201901,90752.782.49$4,751
May 20191002,11858.482.74$11,652
Apr 201902,09962.632.75$5,774
Mar 201902,24856.803.06$6,884
Feb 201901,98350.852.79$5,537
Jan 201902,28846.033.23$7,386
Dec 201802,33046.594.19$9,752
Nov 201802,27952.934.24$9,657
Oct 201802,30761.443.40$7,839
Sep 201802,33659.543.11$7,260
Aug 201802,35459.403.07$7,219
Jul 201802,43265.142.93$7,130
Jun 201802,41360.183.08$7,425
May 201802,53465.382.90$7,351
Apr 201802,76463.842.90$8,018
Mar 201801,56961.222.79$4,373
Feb 201801,64861.782.77$4,559
Jan 201801,75162.874.01$7,020
Dec 201702,36957.272.92$6,921
Nov 201702,32755.423.12$7,256
Oct 201702,49249.292.98$7,435
Sep 201702,45447.523.09$7,576
Aug 201702,54645.373.00$7,649
Jul 201702,52043.873.09$7,780
Jun 201702,35842.493.09$7,280
May 201702,70945.373.26$8,841
Apr 201712,73947.933.21$8,845
Mar 201702,63546.772.98$7,862
Feb 201702,55950.452.95$7,556
Jan 201702,47549.413.42$8,462
Dec 201601,99948.763.72$7,442
Nov 201602,73342.492.64$7,227
Oct 201602,70446.193.09$8,356
Sep 201602,67841.553.10$8,303
Aug 201602,43241.442.92$7,112
Jul 201602,22541.622.92$6,507
Jun 201602,71745.352.69$7,297
May 201602,74842.521.99$5,471
Apr 201603,06536.561.99$6,103
Mar 201602,19233.011.79$3,932
Feb 201602,42126.472.06$4,996
Jan 201602,93627.352.36$6,942
Dec 201502,29232.362.00$4,587
Nov 201502,87438.792.17$6,229
Oct 2015552,67643.552.43$8,889
Sep 201502,96042.992.76$8,165
Aug 201512,69040.162.87$7,767
Jul 201503,15448.152.95$9,289
Jun 201513,01656.152.88$8,751
May 201502,96055.212.96$8,748
Apr 201503,04749.822.71$8,247
Mar 201503,32142.892.93$9,746
Feb 201503,03244.662.98$9,024
Jan 201503,37643.433.10$10,468
Dec 201403,42054.693.59$12,282
Nov 201403,45970.464.25$14,707
Oct 201403,56778.303.90$13,915
Sep 201403,53786.164.05$14,309
Aug 201413,81589.394.04$15,483
Jul 201403,77796.564.18$15,786
Jun 201403,93498.164.74$18,635
May 201403,89494.734.73$18,405
Apr 201404,46295.944.81$21,458
Mar 201412,70995.895.06$13,795
Feb 2014793,63897.406.19$30,221
Jan 201404,06790.404.86$19,769
Dec 201303,89491.824.35$16,956
Nov 201303,61088.853.74$13,495
Oct 201303,82397.423.78$14,448
Sep 201303,032104.113.72$11,272
Aug 201303,508104.253.52$12,357
Jul 201302,804102.523.72$10,425
Jun 201303,10494.403.93$12,209
May 201303,21594.834.15$13,339
Apr 201303,91493.964.28$16,762
Mar 201302,94493.623.91$11,519
Feb 201303,22491.233.42$11,026
Jan 201303,86391.603.42$13,211
Dec 201214,03386.773.42$13,880
Nov 201204,06986.953.62$14,750
Oct 201204,17389.383.40$14,187
Sep 201204,01594.672.92$11,717
Aug 201204,05192.662.91$11,781
Jul 201204,18485.133.02$12,639
Jun 201204,25279.822.52$10,711
May 201204,06691.612.49$10,118
Apr 201204,240101.652.00$8,466
Mar 201204,489105.052.22$9,975
Feb 201204,395101.102.57$11,296
Jan 201204,80198.092.73$13,126
Dec 201104,83596.873.24$15,664
Nov 201104,77695.723.31$15,815
Oct 2011915,03684.983.65$26,107
Sep 201104,85983.623.99$19,367
Aug 201105,18183.404.15$21,498
Jul 201105,29494.144.52$23,914
Jun 201105,00492.904.64$23,218
May 201104,87898.134.40$21,487
Apr 201104,670105.964.33$20,236
Mar 201105,32496.364.06$21,601
Feb 201104,65985.644.18$19,475
Jan 201105,47686.504.59$25,128
Dec 201005,61385.734.35$24,404
Nov 201005,52180.843.80$20,954
Oct 201005,78878.103.51$20,309
Sep 201005,86472.633.98$23,336
Aug 201005,81673.684.42$25,703
Jul 201006,23772.554.74$29,541
Jun 201005,92670.364.91$29,099
May 201006,80871.124.24$28,833
Apr 201005,61881.694.12$23,161
Mar 20101056,31078.394.39$35,923
Feb 201005,72573.585.44$31,158
Jan 201006,79074.365.96$40,496
Dec 200906,62471.445.48$36,324
Nov 200906,82474.593.75$25,600
Oct 200906,74572.544.11$27,724
Sep 200906,81065.543.06$20,871
Aug 200907,20067.423.22$23,173
Jul 200907,37661.133.46$25,554
Jun 200907,39066.163.90$28,784
May 200907,26054.743.93$28,501
Apr 200907,21746.773.59$25,891
Mar 20091088,17542.144.06$37,733
Feb 200906,70332.814.63$31,055
Jan 200908,42535.865.37$45,251
Dec 200807,96237.105.98$47,590
Nov 200808,44655.496.86$57,943
Oct 200808,95375.246.92$61,972
Sep 200808,269101.767.88$65,136
Aug 200809,419114.228.48$79,902
Jul 2008010,278131.0811.39$117,061
Jun 20081848,991131.3313.03$141,341
May 200809,650123.1711.57$111,692
Apr 200809,225110.3110.45$96,446
Mar 200809,355101.909.66$90,407
Feb 200808,68792.538.77$76,190
Jan 200809,95790.388.21$81,704
Dec 2007010,07788.337.30$73,582
Nov 200709,42691.677.29$68,732
Oct 2007010,81982.856.92$74,889
Sep 2007010,33875.846.24$64,552
Aug 200715810,74669.066.39$79,556
Jul 2007011,04770.906.39$70,568
Jun 2007011,35062.007.55$85,675
May 200718211,25458.747.85$98,993
Apr 2007015,45159.617.81$120,598
Mar 2007013,25756.927.30$96,802
Feb 2007012,38155.108.22$101,722
Jan 2007014,32350.306.73$96,349
Dec 2006314,09156.656.92$97,658
Nov 2006015,44654.207.62$117,660
Oct 2006015,82254.906.01$95,150
Sep 2006016,71860.085.04$84,212
Aug 200617617,77468.717.34$142,553
Jul 2006019,08069.376.34$121,020
Jun 2006014,88966.286.38$95,050
May 2006020,26166.016.42$130,177
Apr 200617917,21464.397.36$138,229
Mar 2006217,10256.707.08$121,246
Feb 2006218,62257.597.75$144,457
Jan 200617821,20860.598.93$200,243
Dec 2005320,87654.9413.42$280,225
Nov 2005321,19354.6910.59$224,564
Oct 200518822,40858.3413.80$320,103
Sep 2005323,26161.4512.08$281,154
Aug 2005222,73061.519.80$222,805
Jul 200518825,27555.697.84$208,718
Jun 2005130,11252.337.38$222,310
May 2005435,18845.226.65$234,222
Apr 200517534,67249.207.36$263,813
Mar 200518644,96050.377.15$331,052
Feb 200519050,96145.226.31$330,254
Jan 2005876,16343.166.32$481,863
Dec 2004331,72239.866.75$214,277

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                1,402 Mcf  × $  3.05 =     $4,270

────────────────────────────────────────────────────
Month total                                   $4,270

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/208404 is the state's own key, not one this site invented.