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 218781District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Jan 2006 – May 2026
Value, last 12 filed months
$54 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
CondensateDisposition11,050 bbl$756,399
GasProduction741,491 Mcf$3,999,254
Total$4,755,652

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 32.1661, -95.1356. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16608, -95.13561 · 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
12,075 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 12,075 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-42332026912,075 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 202601,097106.413.05$3,341
Apr 202601,11798.932.87$3,205
Mar 2026094989.753.15$2,989
Feb 2026571,03963.503.75$7,516
Jan 202601,15159.138.00$9,206
Dec 202501,25756.664.41$5,548
Nov 2025081858.593.93$3,212
Oct 2025501,01959.383.30$6,337
Sep 2025074862.743.08$2,302
Aug 2025074263.933.01$2,237
Jul 2025039166.743.32$1,296
Jun 2025551,11866.483.13$7,154
May 202501,15060.553.23$3,717
Apr 202501,07462.363.54$3,805
Mar 202511,22267.704.27$5,284
Feb 202511,15570.884.34$5,085
Jan 202501,26674.324.28$5,417
Dec 202401,16168.993.12$3,624
Nov 202401,22369.052.20$2,689
Oct 2024092371.372.28$2,106
Sep 202401,00369.612.36$2,371
Aug 202401,18675.632.06$2,447
Jul 202401,26779.932.15$2,720
Jun 202411,38578.082.63$3,726
May 202401,47778.812.20$3,247
Apr 2024199984.451.66$1,742
Mar 202411,50780.301.55$2,409
Feb 20244467176.091.78$4,545
Jan 2024081873.023.30$2,697
Dec 2023098071.262.61$2,559
Nov 2023099777.892.81$2,799
Oct 2023083985.443.09$2,590
Sep 202301,04489.042.74$2,855
Aug 202301,21080.522.67$3,234
Jul 2023086274.852.64$2,277
Jun 2023090968.962.26$2,053
May 202301,19470.622.23$2,660
Apr 202301,16978.122.24$2,616
Mar 202301,24272.852.39$2,972
Feb 2023186875.112.47$2,215
Jan 202301,29876.533.39$4,397
Dec 2022079176.415.73$4,532
Nov 202201,09385.005.65$6,171
Oct 202201,10787.185.86$6,491
Sep 202201,15684.888.16$9,437
Aug 202201,31994.529.13$12,039
Jul 202211,196101.587.54$9,122
Jun 202211,137115.097.98$9,185
May 202201,235109.378.43$10,415
Apr 202211,260104.226.84$8,720
Mar 202211,168108.885.08$6,038
Feb 202221,08691.054.86$5,459
Jan 202201,12481.844.54$5,100
Dec 202111,24371.323.90$4,918
Nov 202111,27577.435.24$6,754
Oct 202121,31379.795.71$7,662
Sep 202111,24269.865.35$6,716
Aug 202111,20166.024.22$5,135
Jul 202121,25670.783.98$5,143
Jun 202111,26869.493.38$4,356
May 2021601,28663.483.02$7,690
Apr 202101,28060.362.76$3,531
Mar 202101,33261.302.72$3,619
Feb 202101,26857.805.55$7,035
Jan 2021711,13650.412.81$6,772
Dec 2020711,39044.642.68$6,888
Nov 202001,72738.772.71$4,674
Oct 202001,67036.972.48$4,139
Sep 202001,32637.091.99$2,640
Aug 2020671,39839.982.39$6,013
Jul 202001,31838.371.83$2,406
Jun 202001,41834.901.69$2,397
May 202001,31116.921.81$2,379
Apr 202001,40814.751.80$2,541
Mar 2020521,35930.341.86$4,100
Feb 202001,11149.881.98$2,201
Jan 202001,38057.252.09$2,891
Dec 201901,52259.012.30$3,507
Nov 2019581,43355.302.75$7,149
Oct 201901,47553.472.42$3,567
Sep 2019591,42555.052.66$7,035
Aug 201901,44753.112.30$3,334
Jul 2019601,19556.272.46$6,316
Jun 201901,18252.782.49$2,945
May 201901,15558.482.74$3,165
Apr 2019581,07662.632.75$6,592
Mar 201901,22056.803.06$3,736
Feb 20195896750.852.79$5,649
Jan 201901,16746.033.23$3,767
Dec 201801,10146.594.19$4,608
Nov 2018531,12452.934.24$7,568
Oct 201801,25861.443.40$4,275
Sep 201801,13959.543.11$3,540
Aug 2018591,19359.403.07$7,163
Jul 201801,31165.142.93$3,844
Jun 2018391,59560.183.08$7,255
May 201801,32965.382.90$3,855
Apr 201801,16563.842.90$3,379
Mar 2018431,53161.222.79$6,899
Feb 201801,28161.782.77$3,543
Jan 2018092862.874.01$3,721
Dec 2017451,58357.272.92$7,202
Nov 2017431,36955.423.12$6,652
Oct 201701,65349.292.98$4,932
Sep 201701,60147.523.09$4,943
Aug 2017461,65445.373.00$7,056
Jul 201701,72743.873.09$5,332
Jun 201701,62542.493.09$5,017
May 2017481,69345.373.26$7,703
Apr 201701,79447.933.21$5,762
Mar 2017551,67346.772.98$7,564
Feb 201701,55350.452.95$4,585
Jan 2017571,73649.413.42$8,751
Dec 201601,69548.763.72$6,310
Nov 201601,71842.492.64$4,543
Oct 2016561,80546.193.09$8,165
Sep 201601,74741.553.10$5,417
Aug 2016551,82841.442.92$7,625
Jul 201601,90541.622.92$5,571
Jun 2016511,84545.352.69$7,268
May 201601,89842.521.99$3,779
Apr 2016461,84936.561.99$5,363
Mar 201601,41333.011.79$2,535
Feb 2016491,79326.472.06$4,997
Jan 201602,06427.352.36$4,880
Dec 2015481,89032.362.00$5,336
Nov 201501,94238.792.17$4,209
Oct 2015502,09743.552.43$7,266
Sep 201502,14342.992.76$5,911
Aug 201502,39340.162.87$6,874
Jul 2015552,74948.152.95$10,744
Jun 201502,73956.152.88$7,896
May 2015492,72255.212.96$10,750
Apr 201502,07349.822.71$5,611
Mar 2015442,21942.892.93$8,399
Feb 201502,00344.662.98$5,961
Jan 2015502,21043.433.10$9,024
Dec 2014512,33454.693.59$11,171
Nov 201401,35570.464.25$5,761
Oct 2014552,46378.303.90$13,915
Sep 2014503,43286.164.05$18,192
Aug 201402,68489.394.04$10,830
Jul 2014552,34196.564.18$15,095
Jun 201401,46698.164.74$6,944
May 2014452,11194.734.73$14,241
Apr 2014462,34295.944.81$15,676
Mar 201412,27095.895.06$11,575
Feb 2014522,10697.406.19$18,105
Jan 2014452,38390.404.86$15,651
Dec 2013432,33891.824.35$14,129
Nov 201302,31988.853.74$8,669
Oct 2013562,41397.423.78$14,575
Sep 2013652,194104.113.72$14,924
Aug 201302,454104.253.52$8,644
Jul 2013572,472102.523.72$15,034
Jun 201302,28294.403.93$8,976
May 2013592,39094.834.15$15,511
Apr 2013692,42393.964.28$16,860
Mar 201302,48493.623.91$9,720
Feb 2013682,36791.233.42$14,299
Jan 2013572,55891.603.42$13,969
Dec 2012702,51386.773.42$14,669
Nov 201202,42086.953.62$8,772
Oct 2012762,47489.383.40$15,204
Sep 201202,46994.672.92$7,206
Aug 2012532,42292.662.91$11,955
Jul 2012552,70285.133.02$12,844
Jun 2012592,57279.822.52$11,188
May 201202,89491.612.49$7,201
Apr 2012622,676101.652.00$11,646
Mar 201202,777105.052.22$6,171
Feb 2012602,605101.102.57$12,761
Jan 2012582,88598.092.73$13,577
Dec 2011642,94596.873.24$15,741
Nov 201102,82895.723.31$9,364
Oct 2011683,01184.983.65$16,764
Sep 2011632,83683.623.99$16,572
Aug 2011592,98783.404.15$17,315
Jul 201103,06994.144.52$13,863
Jun 2011563,00492.904.64$19,141
May 2011583,04798.134.40$19,113
Apr 2011593,058105.964.33$19,503
Mar 201103,26596.364.06$13,247
Feb 2011542,89485.644.18$16,721
Jan 2011573,28186.504.59$19,986
Dec 2010543,35385.734.35$19,207
Nov 2010563,23180.843.80$16,790
Oct 2010663,42678.103.51$17,176
Sep 201003,36972.633.98$13,407
Aug 2010643,36873.684.42$19,600
Jul 2010623,65872.554.74$21,824
Jun 2010593,58070.364.91$21,730
May 2010613,71171.124.24$20,055
Apr 2010613,70181.694.12$20,241
Mar 201003,82978.394.39$16,804
Feb 2010653,53073.585.44$23,994
Jan 2010644,08074.365.96$29,093
Dec 2009613,98471.445.48$26,205
Nov 2009583,97574.593.75$19,238
Oct 2009594,20372.544.11$21,555
Sep 2009534,11465.543.06$16,082
Aug 2009544,30667.423.22$17,500
Jul 2009524,36861.133.46$18,312
Jun 20091474,36966.163.90$26,743
May 200904,58054.743.93$17,980
Apr 20091834,23046.773.59$23,734
Mar 200904,66942.144.06$18,951
Feb 200904,26232.814.63$19,746
Jan 20091724,95735.865.37$32,792
Dec 2008405,06437.105.98$31,752
Nov 200805,11855.496.86$35,111
Oct 20081775,39775.246.92$50,675
Sep 200805,387101.767.88$42,434
Aug 200805,542114.228.48$47,013
Jul 20081465,526131.0811.39$82,076
Jun 20081865,634131.3313.03$97,853
May 200805,313123.1711.57$61,494
Apr 200805,649110.3110.45$59,060
Mar 200805,826101.909.66$56,303
Feb 200805,67292.538.77$49,747
Jan 20081606,42390.388.21$67,166
Dec 2007456,64188.337.30$52,467
Nov 20071866,78291.677.29$66,503
Oct 200706,55482.856.92$45,367
Sep 20071776,07875.846.24$51,376
Aug 200706,89269.066.39$44,026
Jul 20071697,27870.906.39$58,474
Jun 20071837,32162.007.55$66,608
May 200708,06858.747.85$63,304
Apr 20071788,39959.617.81$76,166
Mar 20071859,15556.927.30$77,380
Feb 20071808,48255.108.22$79,606
Jan 200719110,15050.306.73$77,885
Dec 200618711,25656.656.92$88,468
Nov 200617310,35454.207.62$88,248
Oct 20062008,68554.906.01$63,210
Sep 20061899,33160.085.04$58,357
Aug 200618210,81968.717.34$91,916
Jul 200635112,17769.376.34$101,585
Jun 200635212,42866.286.38$102,669
May 200617613,99466.016.42$101,529
Apr 200653617,77464.397.36$165,338
Mar 200653924,36656.707.08$203,144
Feb 200671631,76057.597.75$287,410
Jan 2006813,97560.598.93$125,328

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                1,097 Mcf  × $  3.05 =     $3,341

────────────────────────────────────────────────────
Month total                                   $3,341

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/218781 is the state's own key, not one this site invented.