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 218780District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
Jan 2006 – May 2026
Value, last 12 filed months
$91 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
CondensateDisposition10,202 bbl$707,094
GasProduction1,061,052 Mcf$5,852,720
Total$6,559,814

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 32.1696, -95.1353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16958, -95.13531 · 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
12,044 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 12,044 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-423320351012,044 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 202601,482106.413.05$4,514
Apr 202601,62198.932.87$4,652
Mar 202601,35989.753.15$4,280
Feb 2026641,43163.503.75$9,431
Jan 202602,13759.138.00$17,092
Dec 202502,16456.664.41$9,551
Nov 202512,18658.593.93$8,642
Oct 2025622,19859.383.30$10,946
Sep 202501,47562.743.08$4,538
Aug 2025081163.933.01$2,445
Jul 202511,47266.743.32$4,947
Jun 2025711,60066.483.13$9,726
May 202502,09360.553.23$6,765
Apr 202501,68862.363.54$5,981
Mar 202511,64567.704.27$7,089
Feb 202511,50870.884.34$6,617
Jan 202501,72074.324.28$7,359
Dec 202401,33668.993.12$4,170
Nov 202401,31869.052.20$2,898
Oct 202403,86771.372.28$8,822
Sep 202413,71269.612.36$8,846
Aug 202402,54175.632.06$5,244
Jul 202401,00879.932.15$2,164
Jun 202411,19078.082.63$3,213
May 202401,32278.812.20$2,906
Apr 202411,27784.451.66$2,203
Mar 202411,25380.301.55$2,016
Feb 20249376476.091.78$8,439
Jan 2024088773.023.30$2,925
Dec 2023094871.262.61$2,475
Nov 202301,05177.892.81$2,951
Oct 202301,14285.443.09$3,526
Sep 202301,02189.042.74$2,792
Aug 202301,01580.522.67$2,713
Jul 202301,08474.852.64$2,864
Jun 202301,12068.962.26$2,530
May 202301,17670.622.23$2,619
Apr 202301,02478.122.24$2,291
Mar 202301,04972.852.39$2,510
Feb 202332,51575.112.47$6,427
Jan 202303,04976.533.39$10,329
Dec 202202,56276.415.73$14,678
Nov 202202,34185.005.65$13,218
Oct 202202,94287.185.86$17,251
Sep 202203,23684.888.16$26,418
Aug 202203,33194.529.13$30,403
Jul 202234,085101.587.54$31,114
Jun 202233,253115.097.98$26,295
May 202203,007109.378.43$25,358
Apr 202222,777104.226.84$19,196
Mar 202212,806108.885.08$14,353
Feb 202231,94291.054.86$9,709
Jan 202202,30581.844.54$10,459
Dec 202112,29971.323.90$9,035
Nov 202112,16577.435.24$11,415
Oct 202132,54479.795.71$14,775
Sep 202112,51269.865.35$13,511
Aug 202122,71366.024.22$11,583
Jul 202142,40670.783.98$9,864
Jun 202122,41169.493.38$8,290
May 2021692,21463.483.02$11,061
Apr 202102,00460.362.76$5,528
Mar 202102,15061.302.72$5,841
Feb 202102,24157.805.55$12,433
Jan 2021822,57750.412.81$11,376
Dec 2020822,22144.642.68$9,603
Nov 202002,08838.772.71$5,651
Oct 202002,76336.972.48$6,848
Sep 202002,21237.091.99$4,404
Aug 2020902,50739.982.39$9,578
Jul 202002,00138.371.83$3,652
Jun 202001,89634.901.69$3,205
May 202002,19616.921.81$3,985
Apr 202001,70114.751.80$3,069
Mar 2020491,34730.341.86$3,987
Feb 202001,07649.881.98$2,131
Jan 202001,10057.252.09$2,304
Dec 201902,33359.012.30$5,376
Nov 2019583,08155.302.75$11,682
Oct 201902,68853.472.42$6,501
Sep 2019593,32655.052.66$12,086
Aug 201902,49653.112.30$5,752
Jul 2019592,92356.272.46$10,511
Jun 201902,52452.782.49$6,288
May 201902,07058.482.74$5,672
Apr 2019531,81262.632.75$8,304
Mar 201901,20456.803.06$3,687
Feb 20195992550.852.79$5,583
Jan 201901,48546.033.23$4,794
Dec 201801,60046.594.19$6,697
Nov 2018571,44552.934.24$9,140
Oct 201801,44561.443.40$4,910
Sep 201801,96359.543.11$6,101
Aug 2018621,78259.403.07$9,147
Jul 201802,02765.142.93$5,943
Jun 2018452,21860.183.08$9,533
May 201802,31865.382.90$6,724
Apr 201802,23263.842.90$6,475
Mar 2018432,42861.222.79$9,399
Feb 201801,61861.782.77$4,476
Jan 2018024462.874.01$978
Dec 2017472,22057.272.92$9,177
Nov 2017452,25055.423.12$9,510
Oct 201702,59249.292.98$7,734
Sep 201701,97247.523.09$6,088
Aug 2017472,07845.373.00$8,376
Jul 201702,16443.873.09$6,681
Jun 201702,19042.493.09$6,761
May 2017542,32945.373.26$10,050
Apr 201702,24947.933.21$7,223
Mar 2017542,18246.772.98$9,036
Feb 201701,85850.452.95$5,486
Jan 2017512,18849.413.42$10,000
Dec 201602,15948.763.72$8,038
Nov 201602,39142.492.64$6,323
Oct 2016552,62346.193.09$10,646
Sep 201602,60341.553.10$8,071
Aug 2016512,66941.442.92$9,919
Jul 201612,75941.622.92$8,110
Jun 2016542,71645.352.69$9,744
May 201602,23342.521.99$4,446
Apr 2016602,58036.561.99$7,330
Mar 201602,55533.011.79$4,584
Feb 2016652,40226.472.06$6,677
Jan 201602,98527.352.36$7,058
Dec 2015632,77832.362.00$7,599
Nov 201502,86438.792.17$6,207
Oct 2015603,15043.552.43$10,257
Sep 201503,17942.992.76$8,769
Aug 201502,36640.162.87$6,796
Jul 2015492,86748.152.95$10,803
Jun 201502,28156.152.88$6,576
May 2015481,67955.212.96$7,612
Apr 201502,28549.822.71$6,185
Mar 2015723,20042.892.93$12,479
Feb 201502,98244.662.98$8,875
Jan 2015453,21743.433.10$11,929
Dec 2014513,52954.693.59$15,463
Nov 201402,97170.464.25$12,632
Oct 2014503,63578.303.90$18,095
Sep 2014425,08786.164.05$24,198
Aug 201404,03289.394.04$16,270
Jul 2014462,96296.564.18$16,822
Jun 201402,53498.164.74$12,003
May 2014523,62394.734.73$22,050
Apr 2014803,85895.944.81$26,229
Mar 201414,49695.895.06$22,831
Feb 2014904,33997.406.19$35,633
Jan 2014904,53090.404.86$30,155
Dec 20131014,57791.824.35$29,204
Nov 201304,85688.853.74$18,153
Oct 2013643,00997.423.78$17,607
Sep 2013522,227104.113.72$13,693
Aug 201301,832104.253.52$6,453
Jul 2013612,973102.523.72$17,307
Jun 201303,37994.403.93$13,291
May 2013662,56094.834.15$16,880
Apr 2013622,66093.964.28$17,217
Mar 201302,32293.623.91$9,086
Feb 2013622,09191.233.42$12,807
Jan 2013492,20891.603.42$12,040
Dec 2012502,67186.773.42$13,474
Nov 201202,70986.953.62$9,820
Oct 2012363,01289.383.40$13,458
Sep 201202,87694.672.92$8,393
Aug 2012783,34892.662.91$16,964
Jul 2012653,25785.133.02$15,372
Jun 2012663,42379.822.52$13,891
May 201203,14791.612.49$7,831
Apr 2012613,344101.652.00$12,878
Mar 201203,145105.052.22$6,988
Feb 2012663,240101.102.57$15,000
Jan 2012564,03298.092.73$16,517
Dec 2011672,83196.873.24$15,662
Nov 201103,19995.723.31$10,593
Oct 2011623,42884.983.65$17,776
Sep 2011633,68783.623.99$19,964
Aug 2011573,82483.404.15$20,621
Jul 201103,58294.144.52$16,181
Jun 2011713,01892.904.64$20,599
May 2011673,72198.134.40$22,965
Apr 2011733,518105.964.33$22,980
Mar 201103,75396.364.06$15,227
Feb 2011733,60285.644.18$21,308
Jan 2011754,26086.504.59$26,036
Dec 2010804,67485.734.35$27,180
Nov 2010814,88780.843.80$25,096
Oct 2010734,64278.103.51$21,990
Sep 201003,57872.633.98$14,239
Aug 2010693,52073.684.42$20,640
Jul 2010644,16572.554.74$24,371
Jun 2010673,98870.364.91$24,297
May 2010684,86471.124.24$25,436
Apr 2010634,85081.694.12$25,142
Mar 201004,75378.394.39$20,859
Feb 2010734,85873.585.44$31,810
Jan 2010625,61274.365.96$38,081
Dec 2009605,16371.445.48$32,599
Nov 2009575,46774.593.75$24,761
Oct 2009535,62272.544.11$26,952
Sep 2009505,78765.543.06$21,013
Aug 2009455,98567.423.22$22,297
Jul 2009656,30561.133.46$25,817
Jun 20091655,60566.163.90$32,748
May 200906,49854.743.93$25,510
Apr 200906,08746.773.59$21,837
Mar 20091826,48942.144.06$34,008
Feb 200906,07032.814.63$28,122
Jan 200906,99335.865.37$37,559
Dec 20081806,88437.105.98$47,825
Nov 200807,24655.496.86$49,710
Oct 200807,92275.246.92$54,836
Sep 200807,037101.767.88$55,431
Aug 20081758,183114.228.48$89,405
Jul 200807,923131.0811.39$90,238
Jun 20081907,805131.3313.03$126,672
May 200807,919123.1711.57$91,657
Apr 200807,756110.3110.45$81,088
Mar 20081657,988101.909.66$94,010
Feb 200807,66392.538.77$67,209
Jan 200808,72690.388.21$71,603
Dec 20071379,05088.337.30$78,184
Nov 200708,38391.677.29$61,126
Oct 20071798,58682.856.92$74,262
Sep 200708,30175.846.24$51,833
Aug 20071807,63469.066.39$61,196
Jul 200709,44670.906.39$60,340
Jun 20071869,01462.007.55$79,574
May 2007011,37358.747.85$89,236
Apr 2007011,14459.617.81$86,981
Mar 200718112,47056.927.30$101,358
Feb 200718411,83655.108.22$107,383
Jan 200717114,77550.306.73$107,991
Dec 2006017,77556.656.92$122,975
Nov 200636615,94454.207.62$141,290
Oct 200617616,60954.906.01$109,546
Sep 200605,94260.085.04$29,931
Aug 200617612,37468.717.34$102,917
Jul 200617716,73869.376.34$118,444
Jun 200617716,97766.286.38$120,111
May 200634519,09766.016.42$145,472
Apr 200617724,33564.397.36$190,514
Mar 200653433,89256.707.08$270,332
Feb 200635646,34057.597.75$379,689
Jan 200619343,41460.598.93$399,525

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                1,482 Mcf  × $  3.05 =     $4,514

────────────────────────────────────────────────────
Month total                                   $4,514

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/218780 is the state's own key, not one this site invented.