LEDBETTER-JONES

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the WHELAN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 219182District 06Field 967891002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Jan 2006 – Apr 2025
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
232
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1978-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 06/01/2007.

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 Gas112006-12-18167859
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
CondensateDisposition37 bbl$2,792
GasProduction721,489 Mcf$4,144,233
Total$4,147,026

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 32.6558, -94.6001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.65579, -94.60014 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,340 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
1100.0%
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.
00.0%

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 7,340 ft.

Completions filed
Apr 2025
1 of 1 wells

1 well

42-2033299277,340 ftApr 2025Yes

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 (232)

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

232 months

Apr 20250062.363.54$0
Mar 2025056267.704.27$2,399
Feb 2025060070.884.34$2,605
Jan 2025080474.324.28$3,440
Dec 2024095568.993.12$2,981
Nov 202401,03969.052.20$2,284
Oct 202401,24371.372.28$2,836
Sep 202402,27069.612.36$5,367
Aug 202402,07375.632.06$4,278
Jul 202401,51379.932.15$3,248
Jun 202401,38878.082.63$3,656
May 202401,20378.812.20$2,645
Apr 202401,04484.451.66$1,732
Mar 202401,18480.301.55$1,829
Feb 202401,14276.091.78$2,037
Jan 2024075173.023.30$2,477
Dec 2023044871.262.61$1,170
Nov 2023017777.892.81$497
Oct 2023434285.443.09$1,398
Sep 2023040389.042.74$1,102
Aug 2023046780.522.67$1,248
Jul 2023943974.852.64$1,833
Jun 2023641968.962.26$1,360
May 2023235870.622.23$939
Apr 2023527178.122.24$997
Mar 2023220172.852.39$627
Feb 2023212275.112.47$451
Jan 2023422976.533.39$1,082
Dec 202238576.415.73$716
Nov 2022010185.005.65$570
Oct 2022014187.185.86$827
Sep 2022015184.888.16$1,233
Aug 2022014894.529.13$1,351
Jul 20220187101.587.54$1,410
Jun 20220197115.097.98$1,572
May 20220160109.378.43$1,349
Apr 20220259104.226.84$1,771
Mar 20220373108.885.08$1,894
Feb 2022042991.054.86$2,084
Jan 2022048381.844.54$2,192
Dec 2021052271.323.90$2,035
Nov 2021048377.435.24$2,529
Oct 2021050979.795.71$2,908
Sep 2021045069.865.35$2,408
Aug 2021042766.024.22$1,802
Jul 2021046170.783.98$1,836
Jun 2021041769.493.38$1,410
May 2021089763.483.02$2,707
Apr 2021091660.362.76$2,527
Mar 2021032061.302.72$869
Feb 2021020957.805.55$1,160
Jan 2021056350.412.81$1,582
Dec 2020057244.642.68$1,530
Nov 2020056438.772.71$1,527
Oct 2020057636.972.48$1,428
Sep 2020055037.091.99$1,095
Aug 2020057939.982.39$1,381
Jul 2020060138.371.83$1,097
Jun 2020059634.901.69$1,007
May 2020063516.921.81$1,152
Apr 2020059014.751.80$1,065
Mar 2020058530.341.86$1,086
Feb 2020053949.881.98$1,068
Jan 2020055857.252.09$1,169
Dec 2019057159.012.30$1,316
Nov 2019051655.302.75$1,419
Oct 2019061553.472.42$1,487
Sep 2019057655.052.66$1,531
Aug 2019076953.112.30$1,772
Jul 2019067056.272.46$1,648
Jun 2019056452.782.49$1,405
May 2019058058.482.74$1,589
Apr 2019063162.632.75$1,736
Mar 2019051956.803.06$1,589
Feb 2019049350.852.79$1,377
Jan 2019054746.033.23$1,766
Dec 2018055046.594.19$2,302
Nov 2018044352.934.24$1,877
Oct 2018042861.443.40$1,454
Sep 2018043759.543.11$1,358
Aug 2018049859.403.07$1,527
Jul 2018050865.142.93$1,489
Jun 2018053460.183.08$1,643
May 201801,19565.382.90$3,466
Apr 201801,73463.842.90$5,030
Mar 201801,76761.222.79$4,924
Feb 2018047561.782.77$1,314
Jan 2018037462.874.01$1,499
Dec 2017047757.272.92$1,394
Nov 2017037555.423.12$1,169
Oct 2017067749.292.98$2,020
Sep 201701,98147.523.09$6,116
Aug 201702,03345.373.00$6,108
Jul 201702,26643.873.09$6,996
Jun 2017047342.493.09$1,460
May 201701,88245.373.26$6,142
Apr 201701,35447.933.21$4,349
Mar 201701,68046.772.98$5,013
Feb 201701,02950.452.95$3,038
Jan 201702,11049.413.42$7,214
Dec 201601,66648.763.72$6,202
Nov 201602,39542.492.64$6,333
Oct 201601,37346.193.09$4,243
Sep 201601,67641.553.10$5,197
Aug 201601,54841.442.92$4,527
Jul 201604,11741.622.92$12,040
Jun 201603,87745.352.69$10,413
May 201603,23742.521.99$6,445
Apr 201603,48836.561.99$6,945
Mar 201602,78133.011.79$4,989
Feb 201602,77926.472.06$5,735
Jan 201601,04427.352.36$2,468
Dec 201502,63132.362.00$5,266
Nov 201502,40938.792.17$5,221
Oct 201501,21643.552.43$2,951
Sep 201501,53442.992.76$4,231
Aug 201501,82040.162.87$5,228
Jul 201501,86448.152.95$5,490
Jun 201502,17656.152.88$6,273
May 201502,17255.212.96$6,419
Apr 201501,36549.822.71$3,694
Mar 201502,14242.892.93$6,286
Feb 201502,59744.662.98$7,729
Jan 201501,43243.433.10$4,440
Dec 201402,14854.693.59$7,714
Nov 201401,70870.464.25$7,262
Oct 201401,97378.303.90$7,697
Sep 201401,91486.164.05$7,743
Aug 201401,55889.394.04$6,287
Jul 201401,42096.564.18$5,935
Jun 201401,21098.164.74$5,732
May 2014082594.734.73$3,899
Apr 201401,11195.944.81$5,343
Mar 201401,19695.895.06$6,048
Feb 201401,11297.406.19$6,886
Jan 201401,85190.404.86$8,997
Dec 201301,39191.824.35$6,057
Nov 201301,14888.853.74$4,292
Oct 2013049697.423.78$1,875
Sep 201301,883104.113.72$7,001
Aug 201302,620104.253.52$9,229
Jul 20130668102.523.72$2,483
Jun 2013049094.403.93$1,927
May 201301,14094.834.15$4,730
Apr 201302,05593.964.28$8,801
Mar 2013084993.623.91$3,322
Feb 2013086891.233.42$2,968
Jan 201303,00391.603.42$10,270
Dec 201202,35186.773.42$8,041
Nov 201201,75986.953.62$6,376
Oct 201201,59089.383.40$5,405
Sep 201201,39494.672.92$4,068
Aug 201202,87992.662.91$8,373
Jul 2012096985.133.02$2,927
Jun 201202,92079.822.52$7,356
May 201203,30691.612.49$8,226
Apr 201201,711101.652.00$3,417
Mar 201203,289105.052.22$7,308
Feb 201203,631101.102.57$9,333
Jan 201201,72198.092.73$4,705
Dec 201101,94096.873.24$6,285
Nov 201102,30595.723.31$7,633
Oct 201102,24584.983.65$8,191
Sep 201101,27983.623.99$5,098
Aug 201102,11783.404.15$8,784
Jul 201101,68094.144.52$7,589
Jun 201102,80892.904.64$13,029
May 201102,31698.134.40$10,202
Apr 201101,906105.964.33$8,259
Mar 201103,95296.364.06$16,035
Feb 201101,87785.644.18$7,846
Jan 201102,70486.504.59$12,408
Dec 201003,43285.734.35$14,921
Nov 201005,17780.843.80$19,648
Oct 201005,33778.103.51$18,727
Sep 201003,93472.633.98$15,655
Aug 201005,51373.684.42$24,364
Jul 201006,47572.554.74$30,669
Jun 201005,74970.364.91$28,230
May 201003,86371.124.24$16,361
Apr 201003,94181.694.12$16,248
Mar 201006,71178.394.39$29,452
Feb 201005,55973.585.44$30,254
Jan 201005,14474.365.96$30,679
Dec 200905,16271.445.48$28,307
Nov 200905,21174.593.75$19,549
Oct 200905,03072.544.11$20,675
Sep 200905,39465.543.06$16,531
Aug 200904,67467.423.22$15,043
Jul 200904,70161.133.46$16,287
Jun 200905,72466.163.90$22,295
May 200905,36254.743.93$21,050
Apr 200905,37846.773.59$19,294
Mar 200906,21042.144.06$25,206
Feb 200905,55832.814.63$25,750
Jan 200906,18835.865.37$33,236
Dec 200806,57337.105.98$39,288
Nov 200807,96855.496.86$54,663
Oct 200808,44675.246.92$58,463
Sep 200807,084101.767.88$55,801
Aug 200809,107114.228.48$77,255
Jul 2008010,101131.0811.39$115,045
Jun 2008012,384131.3313.03$161,396
May 2008014,139123.1711.57$163,649
Apr 200808,674110.3110.45$90,685
Mar 200807,296101.909.66$70,509
Feb 200807,51892.538.77$65,937
Jan 2008011,59190.388.21$95,113
Dec 2007011,29288.337.30$82,454
Nov 200707,02391.677.29$51,210
Oct 200709,26782.856.92$64,146
Sep 200709,91975.846.24$61,936
Aug 200706,60169.066.39$42,167
Jul 200707,63470.906.39$48,766
Jun 200708,06162.007.55$60,848
May 200706,78558.747.85$53,237
Apr 2007010,53659.617.81$82,236
Mar 200708,78856.927.30$64,170
Feb 2007012,84155.108.22$105,502
Jan 2007010,33950.306.73$69,549
Dec 2006011,13956.656.92$77,065
Nov 2006013,21054.207.62$100,627
Oct 2006015,67554.906.01$94,266
Sep 2006020,51260.085.04$103,323
Aug 2006034,78868.717.34$255,341
Jul 2006027,99869.376.34$177,585
Jun 200609,03866.286.38$57,698
May 200607,24066.016.42$46,517
Apr 200605,50664.397.36$40,527
Mar 200607,27156.707.08$51,500
Feb 200606,95157.597.75$53,878
Jan 200604,33160.598.93$38,690

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.

Mar 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.70 =         $0
Gas                  562 Mcf  × $  4.27 =     $2,399

────────────────────────────────────────────────────
Month total                                   $2,399

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/219182 is the state's own key, not one this site invented.