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 211700District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Apr 2005 – May 2026
Value, last 12 filed months
$188
at the published price for each month
Months reported
254
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 Gas112005-11-18164243
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
CondensateDisposition10,080 bbl$670,372
GasProduction1,049,954 Mcf$6,872,160
Total$7,542,531

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 32.1601, -95.1311. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16006, -95.13110 · 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
12,131 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 12,131 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-42331915612,131 ftApr 2005

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 (254)

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

254 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20253062.743.08$188
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202513060.553.23$787
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202488071.372.28$6,281
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 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201743049.292.98$2,119
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201701,86947.933.21$6,002
Mar 201702,48346.772.98$7,408
Feb 201702,29850.452.95$6,785
Jan 201702,63449.413.42$9,005
Dec 201602,54948.763.72$9,489
Nov 201602,57442.492.64$6,807
Oct 201602,66646.193.09$8,239
Sep 201602,51941.553.10$7,810
Aug 201602,71841.442.92$7,948
Jul 201602,65541.622.92$7,764
Jun 201602,70745.352.69$7,271
May 2016582,74642.521.99$7,934
Apr 201602,69836.561.99$5,372
Mar 201602,76933.011.79$4,968
Feb 201612,68226.472.06$5,561
Jan 201602,97327.352.36$7,029
Dec 201502,90032.362.00$5,804
Nov 2015502,85738.792.17$8,132
Oct 201502,90243.552.43$7,042
Sep 201502,91042.992.76$8,027
Aug 201503,14440.162.87$9,031
Jul 201503,27748.152.95$9,651
Jun 2015383,20556.152.88$11,373
May 201502,94255.212.96$8,695
Apr 201502,54349.822.71$6,883
Mar 201503,18442.892.93$9,344
Feb 201502,18044.662.98$6,488
Jan 2015242,83743.433.10$9,839
Dec 201402,85354.693.59$10,246
Nov 201402,62270.464.25$11,148
Oct 201402,77878.303.90$10,837
Sep 2014623,22686.164.05$18,393
Aug 201403,43689.394.04$13,865
Jul 201403,45796.564.18$14,449
Jun 2014633,85498.164.74$24,440
May 201403,04994.734.73$14,411
Apr 2014573,50295.944.81$22,310
Mar 201403,47795.895.06$17,582
Feb 2014693,20397.406.19$26,554
Jan 201403,52690.404.86$17,139
Dec 201303,58091.824.35$15,589
Nov 201303,41588.853.74$12,766
Oct 201303,55197.423.78$13,421
Sep 2013653,438104.113.72$19,549
Aug 201303,740104.253.52$13,175
Jul 201303,613102.523.72$13,432
Jun 2013663,53294.403.93$20,123
May 201303,79094.834.15$15,725
Apr 201303,63893.964.28$15,580
Mar 2013863,84393.623.91$23,088
Feb 201303,53191.233.42$12,076
Jan 2013793,76991.603.42$20,126
Dec 201213,73686.773.42$12,864
Nov 201203,85186.953.62$13,960
Oct 201203,99589.383.40$13,582
Sep 2012593,68694.672.92$16,343
Aug 201203,95592.662.91$11,502
Jul 201204,00685.133.02$12,101
Jun 2012443,85479.822.52$13,220
May 201204,38591.612.49$10,911
Apr 201204,019101.652.00$8,025
Mar 2012664,067105.052.22$15,971
Feb 2012653,921101.102.57$16,649
Jan 201204,21198.092.73$11,513
Dec 201104,07696.873.24$13,205
Nov 201104,15995.723.31$13,772
Oct 2011664,27584.983.65$21,206
Sep 201104,06583.623.99$16,202
Aug 2011634,60783.404.15$24,370
Jul 201104,55994.144.52$20,594
Jun 201103,86492.904.64$17,929
May 2011674,53098.134.40$26,529
Apr 201104,822105.964.33$20,895
Mar 201104,42496.364.06$17,950
Feb 2011754,42285.644.18$24,907
Jan 201105,17986.504.59$23,765
Dec 201004,48385.734.35$19,491
Nov 201004,82080.843.80$18,293
Oct 2010705,06178.103.51$23,225
Sep 201004,90972.633.98$19,535
Aug 201005,22573.684.42$23,091
Jul 2010575,71372.554.74$31,195
Jun 201004,70570.364.91$23,103
May 201005,47271.124.24$23,175
Apr 2010805,55181.694.12$29,420
Mar 201004,91078.394.39$21,548
Feb 2010854,97473.585.44$33,325
Jan 201005,78274.365.96$34,484
Dec 2009706,15471.445.48$38,748
Nov 200905,41774.593.75$20,322
Oct 2009816,00072.544.11$30,537
Sep 200905,98565.543.06$18,343
Aug 2009966,28467.423.22$26,697
Jul 200906,43961.133.46$22,308
Jun 2009876,52966.163.90$31,186
May 200906,54454.743.93$25,690
Apr 20091176,61546.773.59$29,203
Mar 2009696,96142.144.06$31,162
Feb 20091806,34932.814.63$35,321
Jan 200907,35635.865.37$39,509
Dec 200807,57537.105.98$45,277
Nov 20081767,70955.496.86$62,653
Oct 200807,78775.246.92$53,901
Sep 200806,967101.767.88$54,880
Aug 20081688,739114.228.48$93,322
Jul 200808,596131.0811.39$97,904
Jun 20081768,528131.3313.03$134,256
May 200809,324123.1711.57$107,919
Apr 20081918,921110.3110.45$114,337
Mar 200808,937101.909.66$86,368
Feb 20081686,25192.538.77$70,370
Jan 200806,97990.388.21$57,268
Dec 20071738,62988.337.30$78,290
Nov 200709,14291.677.29$66,661
Oct 20071809,39482.856.92$79,938
Sep 20071809,50075.846.24$72,971
Aug 2007010,37269.066.39$66,256
Jul 200717911,09770.906.39$83,578
Jun 2007010,73762.007.55$81,048
May 200717911,99258.747.85$104,607
Apr 200718012,59359.617.81$109,021
Mar 200717913,60556.927.30$109,532
Feb 2007011,72555.108.22$96,333
Jan 200717614,22350.306.73$104,529
Dec 200637215,74456.656.92$129,998
Nov 2006013,64954.207.62$103,971
Oct 200617910,05654.906.01$70,302
Sep 200618710,81160.085.04$65,692
Aug 200617410,94068.717.34$92,254
Jul 200618412,48069.376.34$91,922
Jun 200619312,03966.286.38$89,648
May 200618211,81666.016.42$87,932
Apr 200618612,80164.397.36$106,198
Mar 200617814,64856.707.08$113,843
Feb 200618113,45557.597.75$114,715
Jan 200635716,18160.598.93$166,181
Dec 200518817,65754.9413.42$247,204
Nov 200535618,94554.6910.59$220,067
Oct 200537222,14258.3413.80$327,168
Sep 200517824,49361.4512.08$306,789
Aug 200535729,72361.519.80$313,151
Jul 200549734,57055.697.84$298,833
Jun 200533035,85252.337.38$281,894
May 200575961,47145.226.65$443,175
Apr 2005223,40949.207.36$172,400

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.

Sep 2025 — as filed, then multipliedworked
Condensate             3 bbl  × $ 62.74 =       $188
Gas                    0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                     $188

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/211700 is the state's own key, not one this site invented.