ODOM, JR 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 218776District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jan 2006 – May 2026
Value, last 12 filed months
$85 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 Gas222006-09-25 – 2006-11-302 dockets
NGPA2none

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
CondensateDisposition4,210 bbl$286,698
GasProduction1,029,482 Mcf$5,433,739
Total$5,720,437

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 32.1458, -95.1460. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14584, -95.14604 · 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
12,304 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 12,304 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-42332040412,304 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 202601,794106.413.05$5,464
Apr 2026551,79098.932.87$10,578
Mar 202601,86889.753.15$5,883
Feb 202601,75263.503.75$6,571
Jan 202601,71659.138.00$13,724
Dec 202501,87756.664.41$8,284
Nov 202501,97758.593.93$7,763
Oct 202501,67659.383.30$5,539
Sep 2025561,43462.743.08$7,926
Aug 202501,41663.933.01$4,269
Jul 202501,47366.743.32$4,883
Jun 202511,43066.483.13$4,541
May 2025571,58660.553.23$8,578
Apr 202501,47262.363.54$5,215
Mar 202521,75467.704.27$7,622
Feb 202521,66970.884.34$7,387
Jan 202501,81874.324.28$7,779
Dec 202401,85668.993.12$5,793
Nov 202401,48869.052.20$3,271
Oct 202401,61171.372.28$3,675
Sep 202411,33569.612.36$3,226
Aug 202401,60275.632.06$3,306
Jul 202401,49879.932.15$3,216
Jun 2024501,36778.082.63$7,505
May 202401,72078.812.20$3,781
Apr 202421,77984.451.66$3,121
Mar 202411,96780.301.55$3,120
Feb 202401,89176.091.78$3,373
Jan 2024521,47873.023.30$8,671
Dec 202301,39371.262.61$3,637
Nov 202301,60577.892.81$4,506
Oct 202301,84385.443.09$5,690
Sep 202301,65289.042.74$4,518
Aug 202301,74980.522.67$4,675
Jul 202301,84274.852.64$4,866
Jun 202301,63168.962.26$3,684
May 2023431,85570.622.23$7,168
Apr 202302,00378.122.24$4,482
Mar 202302,00872.852.39$4,805
Feb 202321,84775.112.47$4,704
Jan 202301,81276.533.39$6,139
Dec 202201,67376.415.73$9,585
Nov 202201,97185.005.65$11,129
Oct 202201,79287.185.86$10,508
Sep 202201,81784.888.16$14,833
Aug 202201,79294.529.13$16,356
Jul 202211,716101.587.54$13,044
Jun 202221,700115.097.98$13,791
May 202201,898109.378.43$16,006
Apr 202221,800104.226.84$12,516
Mar 202211,810108.885.08$9,297
Feb 202231,83491.054.86$9,184
Jan 202201,98181.844.54$8,989
Dec 202111,99871.323.90$7,862
Nov 202111,95277.435.24$10,300
Oct 202121,98579.795.71$11,502
Sep 202111,89569.865.35$10,210
Aug 202122,02366.024.22$8,670
Jul 202132,06070.783.98$8,415
Jun 202121,82169.493.38$6,295
May 2021321,89363.483.02$7,744
Apr 202101,96660.362.76$5,423
Mar 202101,98961.302.72$5,404
Feb 202101,90257.805.55$10,552
Jan 202102,75850.412.81$7,751
Dec 2020551,55644.642.68$6,618
Nov 202001,42538.772.71$3,857
Oct 202001,97136.972.48$4,885
Sep 202002,12637.091.99$4,233
Aug 202002,03339.982.39$4,849
Jul 202002,07738.371.83$3,791
Jun 202002,05834.901.69$3,479
May 2020572,20816.921.81$4,971
Apr 202002,00614.751.80$3,620
Mar 202002,16630.341.86$4,021
Feb 202001,93449.881.98$3,831
Jan 202002,16057.252.09$4,525
Dec 201902,23959.012.30$5,159
Nov 2019372,19355.302.75$8,078
Oct 201902,28153.472.42$5,517
Sep 201902,25055.052.66$5,979
Aug 2019392,29153.112.30$7,351
Jul 201902,21056.272.46$5,437
Jun 201902,25952.782.49$5,628
May 201902,37158.482.74$6,497
Apr 201902,23962.632.75$6,159
Mar 2019422,37956.803.06$9,670
Feb 201902,16850.852.79$6,054
Jan 201902,40646.033.23$7,767
Dec 201802,46246.594.19$10,305
Nov 201802,26452.934.24$9,593
Oct 201802,30161.443.40$7,819
Sep 2018452,32559.543.11$9,905
Aug 201812,45059.403.07$7,572
Jul 201802,53265.142.93$7,424
Jun 201802,19260.183.08$6,745
May 201802,57665.382.90$7,472
Apr 2018452,61263.842.90$10,450
Mar 201802,39261.222.79$6,666
Feb 201802,25861.782.77$6,246
Jan 201802,62762.874.01$10,532
Dec 201702,53057.272.92$7,391
Nov 2017462,47655.423.12$10,270
Oct 201702,63349.292.98$7,856
Sep 201702,54247.523.09$7,848
Aug 201702,70245.373.00$8,118
Jul 201702,77143.873.09$8,555
Jun 201702,31142.493.09$7,135
May 2017432,48745.373.26$10,067
Apr 201702,46147.933.21$7,904
Mar 201702,54946.772.98$7,605
Feb 201702,14150.452.95$6,322
Jan 2017452,63949.413.42$11,246
Dec 201602,26248.763.72$8,421
Nov 201602,38642.492.64$6,309
Oct 201602,76846.193.09$8,554
Sep 201602,81141.553.10$8,716
Aug 201602,67941.442.92$7,834
Jul 2016362,62541.622.92$9,175
Jun 201603,15145.352.69$8,463
May 201602,22342.521.99$4,426
Apr 201602,76836.561.99$5,511
Mar 201603,16833.011.79$5,683
Feb 2016282,23226.472.06$5,347
Jan 201602,95927.352.36$6,996
Dec 201503,08032.362.00$6,164
Nov 201502,66438.792.17$5,774
Oct 201502,94943.552.43$7,156
Sep 201502,37842.992.76$6,560
Aug 2015263,06640.162.87$9,851
Jul 201503,12248.152.95$9,195
Jun 201502,79056.152.88$8,043
May 201502,51655.212.96$7,436
Apr 201503,29149.822.71$8,907
Mar 201502,62842.892.93$7,712
Feb 2015282,48444.662.98$8,643
Jan 201503,21343.433.10$9,962
Dec 201403,24754.693.59$11,661
Nov 201402,64070.464.25$11,225
Oct 201403,02978.303.90$11,816
Sep 2014313,26286.164.05$15,867
Aug 201403,71989.394.04$15,007
Jul 201402,61296.564.18$10,917
Jun 201403,05998.164.74$14,490
May 2014483,34194.734.73$20,338
Apr 201402,98895.944.81$14,370
Mar 201413,39895.895.06$17,279
Feb 201403,23597.406.19$20,031
Jan 2014563,41890.404.86$21,676
Dec 201303,14591.824.35$13,695
Nov 201303,35988.853.74$12,557
Oct 201303,60397.423.78$13,617
Sep 201303,756104.113.72$13,964
Aug 2013473,070104.253.52$15,714
Jul 201303,294102.523.72$12,246
Jun 201303,55594.403.93$13,983
May 201303,88894.834.15$16,132
Apr 201303,61293.964.28$15,469
Mar 2013283,34593.623.91$15,710
Feb 201303,24591.233.42$11,098
Jan 201303,19591.603.42$10,927
Dec 201203,34586.773.42$11,440
Nov 2012493,88186.953.62$18,329
Oct 201203,91989.383.40$13,323
Sep 201203,46494.672.92$10,109
Aug 201203,52192.662.91$10,240
Jul 2012373,95985.133.02$15,109
Jun 201203,87679.822.52$9,764
May 201204,32691.612.49$10,764
Apr 201204,086101.652.00$8,159
Mar 2012494,586105.052.22$15,338
Feb 201203,467101.102.57$8,911
Jan 201203,71398.092.73$10,152
Dec 201103,99896.873.24$12,952
Nov 2011544,65195.723.31$20,570
Oct 201103,66284.983.65$13,361
Sep 201103,87583.623.99$15,445
Aug 201103,97483.404.15$16,489
Jul 2011534,54994.144.52$25,538
Jun 201104,37492.904.64$20,295
May 201103,89998.134.40$17,174
Apr 201104,493105.964.33$19,469
Mar 2011524,31296.364.06$22,506
Feb 201103,81785.644.18$15,955
Jan 201104,51786.504.59$20,728
Dec 2010484,71085.734.35$24,593
Nov 201004,52880.843.80$17,185
Oct 201004,75878.103.51$16,695
Sep 2010155,07972.633.98$21,301
Aug 201004,64073.684.42$20,506
Jul 201004,47772.554.74$21,205
Jun 201004,90970.364.91$24,105
May 201004,70171.124.24$19,910
Apr 2010274,92781.694.12$22,518
Mar 201005,18778.394.39$22,764
Feb 201005,42273.585.44$29,508
Jan 2010424,54974.365.96$30,254
Dec 200904,80971.445.48$26,371
Nov 2009345,06574.593.75$21,537
Oct 200905,36272.544.11$22,039
Sep 200905,28965.543.06$16,209
Aug 200905,50867.423.22$17,728
Jul 2009335,61261.133.46$21,460
Jun 200905,66066.163.90$22,046
May 2009185,77054.743.93$23,637
Apr 200905,76146.773.59$20,668
Mar 200906,08042.144.06$24,679
Feb 200905,49632.814.63$25,463
Jan 2009426,25035.865.37$35,075
Dec 200806,43637.105.98$38,469
Nov 200806,34955.496.86$43,556
Oct 200806,81575.246.92$47,173
Sep 2008336,707101.767.88$56,190
Aug 200807,353114.228.48$62,376
Jul 2008337,261131.0811.39$87,024
Jun 200807,217131.3313.03$94,056
May 20084113,931123.1711.57$166,291
Apr 200806,859110.3110.45$71,710
Mar 2008549,755101.909.66$99,776
Feb 2008507,16492.538.77$67,459
Jan 2008438,19390.388.21$71,116
Dec 2007278,25988.337.30$62,692
Nov 200707,83591.677.29$57,130
Oct 2007128,74082.856.92$61,492
Sep 2007228,52775.846.24$54,912
Aug 2007249,53169.066.39$62,541
Jul 2007299,68670.906.39$63,930
Jun 2007010,06662.007.55$75,983
May 20079211,22558.747.85$93,479
Apr 20074211,85959.617.81$95,065
Mar 20079614,06956.927.30$108,196
Feb 20075410,50955.108.22$89,317
Jan 200711410,83650.306.73$78,626
Dec 200610311,24556.656.92$83,633
Nov 20069011,61454.207.62$93,347
Oct 20069211,95954.906.01$76,970
Sep 200619414,95560.085.04$86,987
Aug 200627117,90968.717.34$150,071
Jul 200622221,69469.376.34$153,000
Jun 200620529,82466.286.38$203,980
May 200602,28066.016.42$14,649
Apr 200635923,70864.397.36$197,618
Mar 2006632,89556.707.08$233,333
Feb 200617835,79657.597.75$287,710
Jan 2006108,78160.598.93$79,049

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                1,794 Mcf  × $  3.05 =     $5,464

────────────────────────────────────────────────────
Month total                                   $5,464

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/218776 is the state's own key, not one this site invented.