NEWSOME -A-

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 218774District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
Jan 2006 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
245
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 Gas112006-09-25169714
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
CondensateDisposition3,090 bbl$204,317
GasProduction1,921,145 Mcf$11,199,207
Total$11,403,524

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 32.1759, -95.1604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17592, -95.16037 · 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
11,950 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 11,950 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-42332004611,950 ftJan 2006

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 (245)

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

245 months

May 20260583106.413.05$1,776
Apr 20263858298.932.87$5,430
Mar 2026053989.753.15$1,698
Feb 2026050463.503.75$1,890
Jan 2026052259.138.00$4,175
Dec 2025050756.664.41$2,238
Nov 2025053558.593.93$2,101
Oct 2025053059.383.30$1,752
Sep 2025051962.743.08$1,597
Aug 2025052563.933.01$1,583
Jul 2025057466.743.32$1,903
Jun 2025058166.483.13$1,818
May 2025061360.553.23$1,981
Apr 2025048862.363.54$1,729
Mar 2025166567.704.27$2,906
Feb 2025161170.884.34$2,723
Jan 2025070674.324.28$3,021
Dec 2024070968.993.12$2,213
Nov 20242971469.052.20$3,572
Oct 2024058471.372.28$1,332
Sep 2024063469.612.36$1,499
Aug 2024054075.632.06$1,114
Jul 202401,78879.932.15$3,838
Jun 202421,05878.082.63$2,943
May 202401,08478.812.20$2,383
Apr 202411,03884.451.66$1,807
Mar 202411,23780.301.55$1,992
Feb 202401,16076.091.78$2,069
Jan 202401,22173.023.30$4,026
Dec 202301,36671.262.61$3,566
Nov 202301,72877.892.81$4,851
Oct 202301,82685.443.09$5,637
Sep 202301,96989.042.74$5,385
Aug 202301,91880.522.67$5,127
Jul 202301,92874.852.64$5,093
Jun 202301,78268.962.26$4,025
May 202302,06070.622.23$4,588
Apr 202301,97878.122.24$4,426
Mar 202301,74872.852.39$4,183
Feb 202321,71075.112.47$4,367
Jan 202301,35976.533.39$4,604
Dec 202201,92876.415.73$11,046
Nov 202201,81385.005.65$10,237
Oct 202202,06987.185.86$12,132
Sep 202201,93884.888.16$15,821
Aug 202201,93394.529.13$17,643
Jul 202211,977101.587.54$15,012
Jun 202211,583115.097.98$12,743
May 202202,225109.378.43$18,764
Apr 202221,935104.226.84$13,439
Mar 202211,848108.885.08$9,490
Feb 202231,80891.054.86$9,058
Jan 202202,14181.844.54$9,715
Dec 202112,00671.323.90$7,893
Nov 202112,13977.435.24$11,279
Oct 202132,15079.795.71$12,524
Sep 202111,75669.865.35$9,466
Aug 202121,90966.024.22$8,189
Jul 202132,22570.783.98$9,072
Jun 2021122,11269.493.38$7,974
May 202102,25263.483.02$6,796
Apr 202102,05360.362.76$5,663
Mar 202102,15761.302.72$5,860
Feb 2021191,58057.805.55$9,864
Jan 202102,34950.412.81$6,601
Dec 202002,28444.642.68$6,111
Nov 202002,29238.772.71$6,203
Oct 202002,47236.972.48$6,127
Sep 202002,37637.091.99$4,731
Aug 202002,09839.982.39$5,004
Jul 202002,39938.371.83$4,378
Jun 202001,81034.901.69$3,059
May 202002,31916.921.81$4,208
Apr 202002,47614.751.80$4,468
Mar 202002,71330.341.86$5,036
Feb 202001,81849.881.98$3,601
Jan 202002,77157.252.09$5,805
Dec 201902,82359.012.30$6,505
Nov 201902,64155.302.75$7,265
Oct 201902,44253.472.42$5,906
Sep 201902,49455.052.66$6,627
Aug 201902,70153.112.30$6,224
Jul 201902,90656.272.46$7,149
Jun 201902,35052.782.49$5,854
May 201902,57358.482.74$7,051
Apr 2019412,58962.632.75$9,689
Mar 201902,72556.803.06$8,344
Feb 201902,74550.852.79$7,665
Jan 201902,85446.033.23$9,213
Dec 201803,12346.594.19$13,071
Nov 201803,04552.934.24$12,902
Oct 201802,36261.443.40$8,026
Sep 201803,04559.543.11$9,464
Aug 201803,07959.403.07$9,442
Jul 201803,01065.142.93$8,825
Jun 201803,08460.183.08$9,489
May 201803,02465.382.90$8,772
Apr 201802,26563.842.90$6,570
Mar 201802,36461.222.79$6,588
Feb 201802,88861.782.77$7,989
Jan 201803,01362.874.01$12,080
Dec 201702,94557.272.92$8,604
Nov 201703,10955.423.12$9,695
Oct 201703,32549.292.98$9,921
Sep 2017493,26547.523.09$12,408
Aug 201703,07445.373.00$9,236
Jul 201702,99643.873.09$9,249
Jun 201702,90242.493.09$8,959
May 201703,15145.373.26$10,283
Apr 201703,19247.933.21$10,251
Mar 201703,49546.772.98$10,428
Feb 201702,13950.452.95$6,316
Jan 2017493,03849.413.42$12,807
Dec 201603,20148.763.72$11,917
Nov 201603,21542.492.64$8,502
Oct 201603,82446.193.09$11,817
Sep 201603,38941.553.10$10,508
Aug 201603,55941.442.92$10,408
Jul 201603,85341.622.92$11,267
Jun 201603,91645.352.69$10,518
May 201603,55942.521.99$7,086
Apr 2016553,01336.561.99$8,010
Mar 201603,91533.011.79$7,024
Feb 201613,76326.472.06$7,792
Jan 201604,11627.352.36$9,732
Dec 201504,28832.362.00$8,582
Nov 201503,58538.792.17$7,770
Oct 201504,28143.552.43$10,388
Sep 2015804,04742.992.76$14,603
Aug 201504,50140.162.87$12,929
Jul 201503,11348.152.95$9,168
Jun 201503,05856.152.88$8,816
May 201503,06955.212.96$9,070
Apr 201503,44049.822.71$9,311
Mar 201504,07542.892.93$11,959
Feb 201503,55944.662.98$10,592
Jan 201504,40943.433.10$13,671
Dec 201404,53554.693.59$16,287
Nov 201414,42970.464.25$18,902
Oct 201404,23778.303.90$16,528
Sep 201404,79086.164.05$19,378
Aug 201415,14089.394.04$20,830
Jul 201404,49096.564.18$18,766
Jun 201404,86798.164.74$23,054
May 201404,85994.734.73$22,966
Apr 201405,24395.944.81$25,214
Mar 2014995,11995.895.06$35,379
Feb 201405,00497.406.19$30,985
Jan 201404,84590.404.86$23,550
Dec 201305,25291.824.35$22,870
Nov 201305,14188.853.74$19,219
Oct 201305,46197.423.78$20,639
Sep 201305,607104.113.72$20,845
Aug 201305,447104.253.52$19,188
Jul 201305,494102.523.72$20,425
Jun 201305,96894.403.93$23,475
May 201304,08794.834.15$16,957
Apr 2013925,30393.964.28$31,355
Mar 201305,80493.623.91$22,710
Feb 201305,54591.233.42$18,963
Jan 201305,66091.603.42$19,357
Dec 201206,04986.773.42$20,689
Nov 201205,87186.953.62$21,282
Oct 201206,21189.383.40$21,115
Sep 201206,04994.672.92$17,653
Aug 201206,35092.662.91$18,467
Jul 201206,41285.133.02$19,369
Jun 201206,58179.822.52$16,578
May 201207,52791.612.49$18,730
Apr 201205,936101.652.00$11,853
Mar 201206,360105.052.22$14,132
Feb 201206,945101.102.57$17,850
Jan 201206,71098.092.73$18,346
Dec 201107,56396.873.24$24,502
Nov 201106,86095.723.31$22,715
Oct 2011918,09684.983.65$37,272
Sep 201107,21783.623.99$28,766
Aug 201107,43983.404.15$30,867
Jul 201106,81594.144.52$30,785
Jun 201107,86992.904.64$36,511
May 201108,39398.134.40$36,970
Apr 201108,152105.964.33$35,325
Mar 2011928,79296.364.06$44,537
Feb 201108,25685.644.18$34,510
Jan 201109,51986.504.59$43,681
Dec 2010010,37985.734.35$45,125
Nov 201007,11180.843.80$26,989
Oct 201006,01978.103.51$21,120
Sep 201006,82272.633.98$27,148
Aug 2010869,16673.684.42$46,844
Jul 201009,43472.554.74$44,684
Jun 201009,76570.364.91$47,950
May 201008,75871.124.24$37,092
Apr 201009,57381.694.12$39,467
Mar 2010010,39278.394.39$45,607
Feb 2010010,04073.585.44$54,641
Jan 201009,96174.365.96$59,408
Dec 200909,83571.445.48$53,933
Nov 2009010,42874.593.75$39,121
Oct 2009011,32372.544.11$46,540
Sep 2009012,22865.543.06$37,476
Aug 2009010,83467.423.22$34,869
Jul 200916511,20761.133.46$48,913
Jun 2009010,94566.163.90$42,631
May 2009012,47454.743.93$48,970
Apr 2009012,47846.773.59$44,765
Mar 2009012,75542.144.06$51,773
Feb 2009011,57932.814.63$53,646
Jan 2009013,84735.865.37$74,372
Dec 200819814,05637.105.98$91,360
Nov 2008014,16255.496.86$97,156
Oct 2008015,41975.246.92$106,730
Sep 2008015,067101.767.88$118,684
Aug 2008017,130114.228.48$145,314
Jul 2008016,878131.0811.39$192,231
Jun 2008016,145131.3313.03$210,412
May 200815117,718123.1711.57$223,672
Apr 2008017,995110.3110.45$188,135
Mar 2008019,170101.909.66$185,260
Feb 2008018,28692.538.77$160,379
Jan 2008020,71090.388.21$169,941
Dec 2007021,63788.337.30$157,993
Nov 2007020,11391.677.29$146,658
Oct 2007023,56382.856.92$163,103
Sep 2007023,22875.846.24$145,039
Aug 2007025,12269.066.39$160,478
Jul 2007025,94670.906.39$165,741
Jun 2007021,69062.007.55$163,726
May 200718622,70758.747.85$189,091
Apr 2007621,82259.617.81$170,683
Mar 200718326,65856.927.30$205,072
Feb 2007025,48955.108.22$209,418
Jan 2007329,12050.306.73$196,037
Dec 200618631,11756.656.92$225,818
Nov 20061031,91854.207.62$243,677
Oct 2006532,86254.906.01$197,900
Sep 2006635,48760.085.04$179,116
Aug 200619439,81668.717.34$305,576
Jul 200618943,49469.376.34$288,983
Jun 2006142,00366.286.38$268,208
May 200617949,06566.016.42$327,058
Apr 2006450,38764.397.36$371,130
Mar 200619068,64656.707.08$496,987
Feb 200637077,99657.597.75$625,865
Jan 2006276,91060.598.93$687,183

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                  583 Mcf  × $  3.05 =     $1,776

────────────────────────────────────────────────────
Month total                                   $1,776

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/218774 is the state's own key, not one this site invented.