WALDROP, MEW GU 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 209317District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Feb 2005 – Apr 2025
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
243
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 Gas112005-07-21161678
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
CondensateDisposition8,309 bbl$539,295
GasProduction935,778 Mcf$5,598,631
Total$6,137,927

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 32.1598, -95.1181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15975, -95.11808 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,150 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
1100.0%
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.
00.0%

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 12,150 ft.

Completions filed
Apr 2025
1 of 1 wells

1 well

42-42331854412,150 ftApr 2025Yes

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 (243)

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

243 months

Apr 20250062.363.54$0
Mar 20254067.704.27$271
Feb 20250070.884.34$0
Jan 202532074.324.28$2,378
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202462080.301.55$4,979
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230677.892.81$17
Oct 2023025185.443.09$775
Sep 202301,45789.042.74$3,985
Aug 202301,54480.522.67$4,127
Jul 202301,21174.852.64$3,199
Jun 202301,18868.962.26$2,683
May 2023891,57570.622.23$9,793
Apr 202301,48078.122.24$3,312
Mar 202301,51772.852.39$3,630
Feb 202321,34975.112.47$3,476
Jan 202301,44476.533.39$4,892
Dec 202201,25976.415.73$7,213
Nov 202201,48485.005.65$8,379
Oct 202201,58387.185.86$9,282
Sep 202201,43684.888.16$11,723
Aug 202201,55394.529.13$14,174
Jul 202211,663101.587.54$12,644
Jun 202211,629115.097.98$13,110
May 202201,717109.378.43$14,480
Apr 202221,632104.226.84$11,367
Mar 202211,643108.885.08$8,449
Feb 202221,71491.054.86$8,510
Jan 202201,47181.844.54$6,675
Dec 202111,71171.323.90$6,743
Nov 202111,63077.435.24$8,614
Oct 202121,67279.795.71$9,713
Sep 202111,63269.865.35$8,803
Aug 202121,67166.024.22$7,185
Jul 202131,68870.783.98$6,934
Jun 202111,62369.493.38$5,556
May 2021901,71063.483.02$10,873
Apr 202101,60560.362.76$4,427
Mar 202101,78361.302.72$4,844
Feb 20211611,23057.805.55$16,130
Jan 202101,74250.412.81$4,895
Dec 202001,58344.642.68$4,235
Nov 202001,58438.772.71$4,287
Oct 202001,66436.972.48$4,124
Sep 202001,68437.091.99$3,353
Aug 202001,80939.982.39$4,315
Jul 202001,83438.371.83$3,347
Jun 202001,05934.901.69$1,790
May 202001,70516.921.81$3,094
Apr 202001,86814.751.80$3,371
Mar 202001,95730.341.86$3,633
Feb 20201802,02549.881.98$12,989
Jan 202002,33357.252.09$4,887
Dec 201903,04059.012.30$7,005
Nov 201902,63755.302.75$7,254
Oct 201902,10853.472.42$5,098
Sep 201901,86555.052.66$4,956
Aug 20191811,97753.112.30$14,169
Jul 201901,90256.272.46$4,679
Jun 201901,86752.782.49$4,651
May 201901,96658.482.74$5,387
Apr 201901,87262.632.75$5,149
Mar 201901,96956.803.06$6,029
Feb 201901,80550.852.79$5,040
Jan 20191472,02146.033.23$13,291
Dec 201802,05046.594.19$8,580
Nov 201801,99952.934.24$8,470
Oct 201802,06361.443.40$7,010
Sep 20181152,04259.543.11$13,194
Aug 201802,06159.403.07$6,320
Jul 201802,11265.142.93$6,192
Jun 201802,14460.183.08$6,597
May 201802,18065.382.90$6,324
Apr 201802,03963.842.90$5,915
Mar 20181212,11761.222.79$13,307
Feb 201801,89261.782.77$5,234
Jan 201802,23262.874.01$8,949
Dec 201702,28457.272.92$6,673
Nov 20171222,17355.423.12$13,537
Oct 201702,25049.292.98$6,713
Sep 201702,16347.523.09$6,678
Aug 201702,23845.373.00$6,724
Jul 20171402,19743.873.09$12,925
Jun 201702,19242.493.09$6,767
May 201702,32245.373.26$7,578
Apr 201702,29147.933.21$7,358
Mar 201701,94946.772.98$5,815
Feb 201701,99950.452.95$5,902
Jan 20171362,38149.413.42$14,860
Dec 201602,36148.763.72$8,790
Nov 201602,15442.492.64$5,696
Oct 201602,12146.193.09$6,554
Sep 201602,30741.553.10$7,153
Aug 20161322,36041.442.92$12,372
Jul 201602,41941.622.92$7,074
Jun 201602,41045.352.69$6,473
May 20161092,21342.521.99$9,041
Apr 201602,08636.561.99$4,153
Mar 201602,16433.011.79$3,882
Feb 201602,09626.472.06$4,325
Jan 201602,44027.352.36$5,769
Dec 20151352,32332.362.00$9,018
Nov 201502,29538.792.17$4,974
Oct 201502,42943.552.43$5,894
Sep 201502,29642.992.76$6,333
Aug 201502,48340.162.87$7,132
Jul 201502,50548.152.95$7,377
Jun 20151292,51956.152.88$14,505
May 201502,14355.212.96$6,334
Apr 201502,28349.822.71$6,179
Mar 201502,52942.892.93$7,422
Feb 201502,36044.662.98$7,024
Jan 20151272,46443.433.10$13,156
Dec 201402,43454.693.59$8,741
Nov 201402,31170.464.25$9,826
Oct 20141342,64078.303.90$20,791
Sep 201402,68386.164.05$10,854
Aug 201402,84789.394.04$11,488
Jul 201402,79296.564.18$11,669
Jun 20141162,53398.164.74$23,385
May 201402,33794.734.73$11,046
Apr 201402,82195.944.81$13,567
Mar 201402,42495.895.06$12,258
Feb 20141052,41097.406.19$25,150
Jan 201402,74190.404.86$13,323
Dec 201302,69691.824.35$11,740
Nov 201302,66288.853.74$9,951
Oct 2013972,76997.423.78$19,915
Sep 201302,652104.113.72$9,859
Aug 201302,648104.253.52$9,328
Jul 201302,926102.523.72$10,878
Jun 20131062,16194.403.93$18,507
May 201302,86294.834.15$11,875
Apr 201302,82493.964.28$12,094
Mar 201303,13193.623.91$12,251
Feb 20131112,35491.233.42$18,177
Jan 201302,88091.603.42$9,849
Dec 201202,81286.773.42$9,617
Nov 201202,75186.953.62$9,972
Oct 2012972,92489.383.40$18,611
Sep 201202,72094.672.92$7,938
Aug 201202,74792.662.91$7,989
Jul 201202,86485.133.02$8,652
Jun 2012922,76779.822.52$14,314
May 201203,26691.612.49$8,127
Apr 201202,985101.652.00$5,960
Mar 201203,083105.052.22$6,851
Feb 2012852,934101.102.57$16,135
Jan 201203,22398.092.73$8,812
Dec 201103,20896.873.24$10,393
Nov 2011843,18395.723.31$18,580
Oct 201103,33684.983.65$12,172
Sep 201103,16783.623.99$12,623
Aug 2011853,36883.404.15$21,064
Jul 201103,45594.144.52$15,607
Jun 201103,25292.904.64$15,089
May 2011913,18998.134.40$22,977
Apr 201103,530105.964.33$15,296
Mar 201103,30696.364.06$13,414
Feb 2011953,07385.644.18$20,981
Jan 201103,46886.504.59$15,914
Dec 2010913,48385.734.35$22,945
Nov 201003,41480.843.80$12,957
Oct 201003,72878.103.51$13,081
Sep 201003,43172.633.98$13,654
Aug 2010893,77773.684.42$23,249
Jul 201003,86772.554.74$18,316
Jun 2010843,70970.364.91$24,123
May 201004,07171.124.24$17,242
Apr 201003,99481.694.12$16,466
Mar 2010773,49278.394.39$21,361
Feb 201003,58173.585.44$19,489
Jan 2010794,03274.365.96$29,922
Dec 200904,14271.445.48$22,714
Nov 200904,09874.593.75$15,374
Oct 2009814,31672.544.11$23,616
Sep 200904,14865.543.06$12,713
Aug 2009504,29867.423.22$17,204
Jul 200904,38561.133.46$15,192
Jun 2009604,30066.163.90$20,718
May 200904,58954.743.93$18,015
Apr 2009574,55446.773.59$19,003
Mar 2009654,29742.144.06$20,181
Feb 200904,08532.814.63$18,926
Jan 2009644,77335.865.37$27,931
Dec 200804,84137.105.98$28,935
Nov 2008734,86655.496.86$37,433
Oct 2008665,19075.246.92$40,891
Sep 200804,822101.767.88$37,983
Aug 2008735,418114.228.48$54,299
Jul 2008725,114131.0811.39$67,683
Jun 200805,095131.3313.03$66,401
May 2008775,736123.1711.57$75,874
Apr 20081036,415110.3110.45$78,430
Mar 2008495,945101.909.66$62,446
Feb 200806,15992.538.77$54,018
Jan 2008836,47490.388.21$60,625
Dec 2007776,33088.337.30$53,023
Nov 2007175,96091.677.29$45,017
Oct 2007106,47982.856.92$45,676
Sep 2007136,49675.846.24$41,548
Aug 2007146,82269.066.39$44,545
Jul 2007287,41170.906.39$49,326
Jun 2007116,84562.007.55$52,351
May 200787,61958.747.85$60,251
Apr 2007117,01359.617.81$55,394
Mar 20071007,69356.927.30$61,866
Feb 200706,30955.108.22$51,835
Jan 200718611,84150.306.73$89,008
Dec 20061799,26456.656.92$74,233
Nov 200609,08554.207.62$69,205
Oct 2006010,16254.906.01$61,112
Sep 200607,87760.085.04$39,678
Aug 2006010,68168.717.34$78,398
Jul 20068611,13069.376.34$76,561
Jun 200613111,75366.286.38$83,712
May 20064712,84066.016.42$85,599
Apr 200615914,28664.397.36$115,390
Mar 2006413,89256.707.08$98,623
Feb 200617012,71057.597.75$108,307
Jan 2006414,60060.598.93$130,669
Dec 200518814,72354.9413.42$207,844
Nov 200517914,90454.6910.59$167,599
Oct 200518515,38258.3413.80$222,999
Sep 200517715,69861.4512.08$200,493
Aug 2005213,70361.519.80$134,369
Jul 200532114,22455.697.84$129,444
Jun 200509,25852.337.38$68,334
May 200533918,71145.226.65$139,779
Apr 200519020,53549.207.36$160,495
Mar 200554631,77750.377.15$254,863
Feb 2005436,21045.226.31$228,736

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.

Mar 2025 — as filed, then multipliedworked
Condensate             4 bbl  × $ 67.70 =       $271
Gas                    0 Mcf  × $  4.27 =         $0

────────────────────────────────────────────────────
Month total                                     $271

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/209317 is the state's own key, not one this site invented.