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 222077District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Apr 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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 Gas112007-01-09172212
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
CondensateDisposition4,451 bbl$315,446
GasProduction432,006 Mcf$2,346,142
Total$2,661,589

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 32.1555, -95.1150. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15551, -95.11505 · 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
12,115 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 12,115 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-423320761212,115 ftApr 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 (242)

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

242 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210771.323.90$27
Nov 202101177.435.24$58
Oct 2021165779.795.71$3,834
Sep 2021066769.865.35$3,569
Aug 2021171966.024.22$3,101
Jul 2021179870.783.98$3,248
Jun 2021155469.493.38$1,942
May 20211159863.483.02$2,503
Apr 20212865660.362.76$3,500
Mar 2021081861.302.72$2,222
Feb 2021051957.805.55$2,879
Jan 2021087350.412.81$2,453
Dec 2020081944.642.68$2,191
Nov 2020073638.772.71$1,992
Oct 2020077836.972.48$1,928
Sep 2020079437.091.99$1,581
Aug 2020081839.982.39$1,951
Jul 2020067338.371.83$1,228
Jun 2020173034.901.69$1,269
May 202001,08216.921.81$1,964
Apr 2020037514.751.80$677
Mar 2020045830.341.86$850
Feb 2020047849.881.98$947
Jan 2020089357.252.09$1,871
Dec 2019079759.012.30$1,837
Nov 2019065555.302.75$1,802
Oct 2019091153.472.42$2,203
Sep 2019091655.052.66$2,434
Aug 2019075553.112.30$1,740
Jul 2019084256.272.46$2,071
Jun 2019050552.782.49$1,258
May 2019092258.482.74$2,527
Apr 2019080962.632.75$2,225
Mar 2019099056.803.06$3,031
Feb 2019090250.852.79$2,519
Jan 2019181,01846.033.23$4,115
Dec 2018077746.594.19$3,252
Nov 2018083252.934.24$3,525
Oct 2018086361.443.40$2,933
Sep 20183481459.543.11$4,554
Aug 2018092159.403.07$2,824
Jul 2018097265.142.93$2,850
Jun 2018083860.183.08$2,578
May 20183396065.382.90$4,942
Apr 201801,13463.842.90$3,290
Mar 2018098261.222.79$2,737
Feb 20183491561.782.77$4,632
Jan 2018097862.874.01$3,921
Dec 2017098557.272.92$2,878
Nov 2017097055.423.12$3,025
Oct 2017098949.292.98$2,951
Sep 20173099047.523.09$4,482
Aug 201701,03345.373.00$3,104
Jul 201701,04543.873.09$3,226
Jun 201701,06242.493.09$3,279
May 2017088745.373.26$2,895
Apr 20172798047.933.21$4,441
Mar 201701,02746.772.98$3,064
Feb 2017097850.452.95$2,888
Jan 2017291,13049.413.42$5,296
Dec 201601,11248.763.72$4,140
Nov 2016097542.492.64$2,578
Oct 2016097346.193.09$3,007
Sep 201601,09841.553.10$3,404
Aug 2016341,16941.442.92$4,828
Jul 201601,16341.622.92$3,401
Jun 201601,08845.352.69$2,922
May 2016401,07942.521.99$3,849
Apr 201601,08036.561.99$2,150
Mar 201601,18733.011.79$2,129
Feb 2016195126.472.06$1,989
Jan 2016521,26127.352.36$4,404
Dec 2015086732.362.00$1,735
Nov 2015095338.792.17$2,065
Oct 201501,23943.552.43$3,007
Sep 201501,17342.992.76$3,236
Aug 2015581,27040.162.87$5,977
Jul 201501,25948.152.95$3,708
Jun 201501,23256.152.88$3,552
May 201501,16755.212.96$3,449
Apr 201501,23749.822.71$3,348
Mar 2015531,29842.892.93$6,082
Feb 201501,19544.662.98$3,557
Jan 201501,31743.433.10$4,084
Dec 201401,32954.693.59$4,773
Nov 2014581,31370.464.25$9,669
Oct 201401,35078.303.90$5,266
Sep 201401,37586.164.05$5,562
Aug 201401,47389.394.04$5,944
Jul 201401,41696.564.18$5,918
Jun 2014521,34298.164.74$11,461
May 201401,19594.734.73$5,648
Apr 201401,47095.944.81$7,069
Mar 2014611,52895.895.06$13,576
Feb 201401,33597.406.19$8,266
Jan 201401,51690.404.86$7,369
Dec 2013591,52291.824.35$12,045
Nov 201301,46888.853.74$5,488
Oct 201301,53597.423.78$5,801
Sep 201301,479104.113.72$5,499
Aug 201301,553104.253.52$5,471
Jul 2013601,549102.523.72$11,910
Jun 201301,51394.403.93$5,951
May 201301,58894.834.15$6,589
Apr 201301,55493.964.28$6,655
Mar 2013621,61593.623.91$12,124
Feb 201301,48591.233.42$5,079
Jan 2013611,55191.603.42$10,892
Dec 201201,63786.773.42$5,599
Nov 201201,57286.953.62$5,698
Oct 201201,65089.383.40$5,609
Sep 201201,63894.672.92$4,780
Aug 201201,71592.662.91$4,987
Jul 201201,74285.133.02$5,262
Jun 2012541,70679.822.52$8,608
May 201201,86891.612.49$4,648
Apr 201201,715101.652.00$3,425
Mar 201201,776105.052.22$3,946
Feb 2012581,731101.102.57$10,313
Jan 201201,85998.092.73$5,083
Dec 2011531,88796.873.24$11,248
Nov 201101,89495.723.31$6,272
Oct 2011601,95284.983.65$12,221
Sep 201101,86483.623.99$7,430
Aug 201102,04983.404.15$8,502
Jul 2011532,07994.144.52$14,381
Jun 201102,03792.904.64$9,451
May 201102,13998.134.40$9,422
Apr 2011502,088105.964.33$14,346
Mar 201102,23096.364.06$9,048
Feb 2011472,04985.644.18$12,590
Jan 201102,31686.504.59$10,628
Dec 2010532,27085.734.35$14,413
Nov 201002,25580.843.80$8,558
Oct 201002,39178.103.51$8,390
Sep 2010452,34072.633.98$12,580
Aug 201002,44973.684.42$10,823
Jul 2010502,56072.554.74$15,753
Jun 201002,36570.364.91$11,613
May 201002,59971.124.24$11,007
Apr 2010622,46481.694.12$15,223
Mar 2010532,84878.394.39$16,654
Feb 201002,15373.585.44$11,717
Jan 2010462,74074.365.96$19,762
Dec 200902,71471.445.48$14,883
Nov 2009502,77974.593.75$14,155
Oct 200902,77672.544.11$11,410
Sep 200902,82865.543.06$8,667
Aug 2009512,95667.423.22$12,952
Jul 2009583,02061.133.46$14,008
Jun 200902,99066.163.90$11,646
May 200903,16254.743.93$12,413
Apr 2009473,10846.773.59$13,348
Mar 2009393,33542.144.06$15,180
Feb 2009542,85332.814.63$14,990
Jan 200903,24635.865.37$17,434
Dec 2008483,40437.105.98$22,127
Nov 2008553,49455.496.86$27,022
Oct 200803,67475.246.92$25,431
Sep 2008543,615101.767.88$33,971
Aug 2008543,997114.228.48$40,075
Jul 2008403,850131.0811.39$49,093
Jun 2008503,833131.3313.03$56,521
May 200803,923123.1711.57$45,406
Apr 2008934,209110.3110.45$54,263
Mar 2008454,355101.909.66$46,673
Feb 2008354,57692.538.77$43,373
Jan 2008123,60190.388.21$30,633
Dec 2007422,42788.337.30$21,432
Nov 2007444,99191.677.29$40,426
Oct 2007564,82382.856.92$38,024
Sep 2007225,07375.846.24$33,345
Aug 2007315,50269.066.39$37,287
Jul 2007395,85470.906.39$40,160
Jun 20071165,87062.007.55$51,501
May 20071206,44058.747.85$57,579
Apr 20071266,64759.617.81$59,392
Mar 2007637,30956.927.30$56,956
Feb 2007326,72055.108.22$56,975
Jan 2007917,94350.306.73$58,009
Dec 20061188,52856.656.92$65,685
Nov 2006867,95954.207.62$65,289
Oct 20062386,46154.906.01$51,921
Sep 20061539,47960.085.04$56,940
Aug 200613911,09868.717.34$91,009
Jul 200616013,70969.376.34$98,052
Jun 200615816,98966.286.38$118,928
May 200623615,23466.016.42$113,457
Apr 2006125,03364.397.36$37,818

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.

Dec 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.32 =         $0
Gas                    7 Mcf  × $  3.90 =        $27

────────────────────────────────────────────────────
Month total                                      $27

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/222077 is the state's own key, not one this site invented.