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 223957District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Oct 2006 – May 2026
Value, last 12 filed months
$105 k
at the published price for each month
Months reported
236
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 Gas112007-02-16173057
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
CondensateDisposition4,646 bbl$325,508
GasProduction1,475,926 Mcf$7,837,234
Total$8,162,742

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 32.1407, -95.1312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14065, -95.13119 · 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
12,525 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 12,525 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-423321351212,525 ftOct 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 (236)

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

236 months

May 202602,751106.413.05$8,379
Apr 2026762,29298.932.87$14,096
Mar 202602,33589.753.15$7,354
Feb 202601,99363.503.75$7,474
Jan 202602,41659.138.00$19,323
Dec 202501,53156.664.41$6,757
Nov 202502,23858.593.93$8,787
Oct 202502,32759.383.30$7,690
Sep 202502,27862.743.08$7,009
Aug 202502,00363.933.01$6,039
Jul 202501,76366.743.32$5,845
Jun 202501,98266.483.13$6,201
May 202502,41060.553.23$7,790
Apr 2025842,14762.363.54$12,845
Mar 202532,59667.704.27$11,284
Feb 202521,78670.884.34$7,895
Jan 202502,07774.324.28$8,887
Dec 202401,28168.993.12$3,998
Nov 202402,86369.052.20$6,294
Oct 2024963,22771.372.28$14,214
Sep 202412,54169.612.36$6,077
Aug 202412,26575.632.06$4,750
Jul 202401,51479.932.15$3,250
Jun 202432,64978.082.63$7,212
May 202402,29178.812.20$5,037
Apr 202422,62584.451.66$4,524
Mar 202412,14680.301.55$3,396
Feb 2024942,45476.091.78$11,530
Jan 202402,81473.023.30$9,280
Dec 202312,92471.262.61$7,705
Nov 202312,81177.892.81$7,970
Oct 202312,75485.443.09$8,588
Sep 202302,55189.042.74$6,977
Aug 202302,88880.522.67$7,719
Jul 202301,96074.852.64$5,178
Jun 2023592,80468.962.26$10,401
May 202302,93870.622.23$6,544
Apr 202302,98178.122.24$6,671
Mar 202303,24772.852.39$7,771
Feb 202321,66075.112.47$4,243
Jan 202302,92476.533.39$9,906
Dec 202203,10776.415.73$17,800
Nov 202202,92885.005.65$16,532
Oct 202203,10387.185.86$18,195
Sep 202203,37784.888.16$27,569
Aug 202203,37294.529.13$30,777
Jul 202223,229101.587.54$24,557
Jun 202233,850115.097.98$31,057
May 202201,326109.378.43$11,182
Apr 2022067104.226.84$458
Mar 20220179108.885.08$909
Feb 2022241691.054.86$2,203
Jan 20220081.844.54$0
Dec 202111,73871.323.90$6,848
Nov 202112,43777.435.24$12,840
Oct 202142,64879.795.71$15,449
Sep 202122,62169.865.35$14,164
Aug 202132,56366.024.22$11,015
Jul 202174,73970.783.98$19,367
Jun 202132,93069.493.38$10,114
May 2021683,17463.483.02$13,895
Apr 202102,48860.362.76$6,863
Mar 202102,79661.302.72$7,597
Feb 202102,78857.805.55$15,468
Jan 2021553,27250.412.81$11,968
Dec 202002,23444.642.68$5,977
Nov 202002,43738.772.71$6,596
Oct 202002,99036.972.48$7,411
Sep 202003,25737.091.99$6,485
Aug 202002,02239.982.39$4,823
Jul 202002,97138.371.83$5,422
Jun 202002,86834.901.69$4,848
May 202003,00316.921.81$5,450
Apr 202002,92614.751.80$5,280
Mar 2020723,09530.341.86$7,930
Feb 202002,83149.881.98$5,607
Jan 202003,44957.252.09$7,225
Dec 201903,38659.012.30$7,803
Nov 201903,27255.302.75$9,000
Oct 201903,37753.472.42$8,167
Sep 201903,35955.052.66$8,926
Aug 2019503,27853.112.30$10,209
Jul 201903,36256.272.46$8,271
Jun 201903,32352.782.49$8,278
May 201903,42558.482.74$9,386
Apr 2019493,27262.632.75$12,069
Mar 201903,47156.803.06$10,629
Feb 201903,26650.852.79$9,119
Jan 201903,28546.033.23$10,605
Dec 201803,65846.594.19$15,310
Nov 2018443,24852.934.24$16,091
Oct 201803,22461.443.40$10,955
Sep 201803,56959.543.11$11,092
Aug 201803,68659.403.07$11,303
Jul 201803,25065.142.93$9,529
Jun 201803,86560.183.08$11,892
May 201803,39665.382.90$9,851
Apr 2018483,19663.842.90$12,335
Mar 201803,41861.222.79$9,525
Feb 201803,07761.782.77$8,511
Jan 201803,75862.874.01$15,067
Dec 201703,80257.272.92$11,108
Nov 2017473,77855.423.12$14,386
Oct 201703,83849.292.98$11,451
Sep 201703,36447.523.09$10,386
Aug 201703,50245.373.00$10,521
Jul 201703,71343.873.09$11,463
Jun 201703,96942.493.09$12,253
May 201703,97145.373.26$12,959
Apr 2017483,73647.933.21$14,299
Mar 201703,85446.772.98$11,499
Feb 201703,24850.452.95$9,590
Jan 201703,95449.413.42$13,518
Dec 201603,79048.763.72$14,110
Nov 2016503,93842.492.64$12,538
Oct 201604,15946.193.09$12,852
Sep 201604,28441.553.10$13,283
Aug 201603,87041.442.92$11,317
Jul 201604,53241.622.92$13,253
Jun 2016564,26845.352.69$14,003
May 201603,75142.521.99$7,468
Apr 201603,66536.561.99$7,297
Mar 201604,69133.011.79$8,416
Feb 2016634,55626.472.06$11,070
Jan 201603,49727.352.36$8,268
Dec 201504,13532.362.00$8,276
Nov 201503,66438.792.17$7,941
Oct 201504,17443.552.43$10,129
Sep 201503,44442.992.76$9,500
Aug 201504,39840.162.87$12,633
Jul 2015614,74848.152.95$16,920
Jun 201504,69056.152.88$13,521
May 201504,45755.212.96$13,172
Apr 201503,62149.822.71$9,800
Mar 201504,05442.892.93$11,897
Feb 2015654,52444.662.98$16,367
Jan 201504,55543.433.10$14,123
Dec 201404,65254.693.59$16,707
Nov 201404,31870.464.25$18,359
Oct 2014664,77078.303.90$23,775
Sep 201404,92086.164.05$19,904
Aug 201405,49389.394.04$22,165
Jul 201405,44496.564.18$22,754
Jun 201405,61198.164.74$26,579
May 2014595,43094.734.73$31,254
Apr 201402,86895.944.81$13,793
Mar 201414,68695.895.06$23,792
Feb 201404,55797.406.19$28,217
Jan 201403,92490.404.86$19,073
Dec 2013614,65091.824.35$25,849
Nov 201304,74988.853.74$17,753
Oct 201304,93697.423.78$18,655
Sep 201304,851104.113.72$18,035
Aug 2013484,930104.253.52$22,370
Jul 201305,054102.523.72$18,789
Jun 201304,42094.403.93$17,386
May 201304,85094.834.15$20,123
Apr 2013594,77393.964.28$25,984
Mar 201304,60593.623.91$18,019
Feb 201304,36091.233.42$14,911
Jan 201305,08391.603.42$17,383
Dec 2012325,08486.773.42$20,165
Nov 201205,42086.953.62$19,647
Oct 201204,97989.383.40$16,927
Sep 201204,68294.672.92$13,664
Aug 2012465,04392.662.91$18,928
Jul 201205,37185.133.02$16,225
Jun 201205,30979.822.52$13,374
May 201205,77991.612.49$14,380
Apr 201205,542101.652.00$11,066
Mar 2012525,535105.052.22$17,762
Feb 201205,649101.102.57$14,519
Jan 201206,24598.092.73$17,074
Dec 201104,40596.873.24$14,271
Nov 2011595,51695.723.31$23,913
Oct 201105,97584.983.65$21,800
Sep 201105,90083.623.99$23,516
Aug 2011616,21583.404.15$30,875
Jul 201106,34794.144.52$28,671
Jun 201106,21692.904.64$28,841
May 201106,29698.134.40$27,733
Apr 2011656,324105.964.33$34,291
Mar 201106,71996.364.06$27,261
Feb 201105,70585.644.18$23,847
Jan 2011557,61986.504.59$39,719
Dec 201008,14085.734.35$35,391
Nov 201005,52880.843.80$20,981
Oct 2010647,63778.103.51$31,796
Sep 201008,37072.633.98$33,308
Aug 201006,22673.684.42$27,515
Jul 2010517,83972.554.74$40,829
Jun 201007,36270.364.91$36,150
May 201008,64971.124.24$36,630
Apr 2010407,12281.694.12$32,629
Mar 201017,67978.394.39$33,779
Feb 2010498,46273.585.44$49,659
Jan 201009,23274.365.96$55,060
Dec 2009368,53171.445.48$49,354
Nov 200907,94074.593.75$29,787
Oct 2009398,60472.544.11$38,194
Sep 200908,83165.543.06$27,065
Aug 2009179,46067.423.22$31,593
Jul 200908,45761.133.46$29,299
Jun 2009209,51466.163.90$38,380
May 20095010,03654.743.93$42,136
Apr 200909,65846.773.59$34,648
Mar 20095310,03442.144.06$42,961
Feb 2009379,43332.814.63$44,917
Jan 20094311,11135.865.37$61,219
Dec 20083710,97437.105.98$66,966
Nov 20083610,47055.496.86$73,826
Oct 20082612,03975.246.92$85,290
Sep 20083012,983101.767.88$105,321
Aug 20087114,437114.228.48$130,579
Jul 20082514,641131.0811.39$170,030
Jun 20084814,784131.3313.03$198,978
May 20085415,574123.1711.57$186,909
Apr 20084316,215110.3110.45$174,269
Mar 20083917,042101.909.66$168,669
Feb 20088416,88792.538.77$155,881
Jan 200818020,18790.388.21$181,917
Dec 2007019,03088.337.30$138,956
Nov 2007016,06591.677.29$117,141
Oct 200717917,58282.856.92$136,532
Sep 2007018,26075.846.24$114,018
Aug 2007019,44169.066.39$124,188
Jul 200716522,76970.906.39$157,146
Jun 2007020,85462.007.55$157,415
May 200718125,11958.747.85$207,723
Apr 200717426,60659.617.81$218,037
Mar 2007030,40456.927.30$222,009
Feb 200718030,09955.108.22$257,211
Jan 200718839,00350.306.73$271,824
Dec 200616349,44856.656.92$351,337
Nov 200634858,59754.207.62$465,223
Oct 2006033,86954.906.01$203,681

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                2,751 Mcf  × $  3.05 =     $8,379

────────────────────────────────────────────────────
Month total                                   $8,379

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/223957 is the state's own key, not one this site invented.