MORBY GAS UNIT 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 224633District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Jul 2006 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
239
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 Gas112007-03-22172860
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
CondensateDisposition2,640 bbl$184,135
GasProduction725,627 Mcf$3,870,458
Total$4,054,593

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 32.1742, -95.1506. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17422, -95.15064 · 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
11,950 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 11,950 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-423321091511,950 ftJul 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 (239)

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

239 months

May 20260955106.413.05$2,909
Apr 20263392198.932.87$5,908
Mar 2026088389.753.15$2,781
Feb 2026078763.503.75$2,952
Jan 2026089359.138.00$7,142
Dec 2025085256.664.41$3,760
Nov 2025088658.593.93$3,479
Oct 2025095659.383.30$3,159
Sep 2025087162.743.08$2,680
Aug 2025087263.933.01$2,629
Jul 2025088666.743.32$2,937
Jun 2025089166.483.13$2,788
May 2025086860.553.23$2,806
Apr 2025094962.363.54$3,362
Mar 2025189967.704.27$3,905
Feb 2025192370.884.34$4,077
Jan 202501,07274.324.28$4,587
Dec 202401,04068.993.12$3,246
Nov 20244598869.052.20$5,279
Oct 2024096471.372.28$2,199
Sep 2024086569.612.36$2,045
Aug 2024087975.632.06$1,814
Jul 2024090979.932.15$1,951
Jun 2024184678.082.63$2,306
May 2024090278.812.20$1,983
Apr 2024176084.451.66$1,345
Mar 2024188480.301.55$1,446
Feb 2024097076.091.78$1,730
Jan 2024081373.023.30$2,681
Dec 202301,03071.262.61$2,689
Nov 202301,00377.892.81$2,816
Oct 2023083785.443.09$2,584
Sep 2023097089.042.74$2,653
Aug 202301,07880.522.67$2,881
Jul 202301,10974.852.64$2,930
Jun 202301,02168.962.26$2,306
May 202301,20470.622.23$2,682
Apr 202301,17878.122.24$2,636
Mar 202301,24672.852.39$2,982
Feb 202311,10775.112.47$2,805
Jan 202301,20176.533.39$4,069
Dec 202201,10076.415.73$6,302
Nov 202201,08285.005.65$6,109
Oct 202201,12087.185.86$6,567
Sep 202201,06184.888.16$8,662
Aug 202201,07994.529.13$9,848
Jul 202211,097101.587.54$8,375
Jun 202211,036115.097.98$8,379
May 202201,152109.378.43$9,715
Apr 202211,084104.226.84$7,516
Mar 202201,117108.885.08$5,670
Feb 202211,06391.054.86$5,256
Jan 202201,13081.844.54$5,128
Dec 202101,11271.323.90$4,336
Nov 202101,06377.435.24$5,567
Oct 202111,11279.795.71$6,434
Sep 202111,13269.865.35$6,127
Aug 202111,06066.024.22$4,540
Jul 202121,09670.783.98$4,506
Jun 2021311,04269.493.38$5,677
May 202101,08363.483.02$3,268
Apr 202101,01460.362.76$2,797
Mar 202101,09361.302.72$2,970
Feb 2021581,07057.805.55$9,289
Jan 202101,34550.412.81$3,780
Dec 202001,00544.642.68$2,689
Nov 202001,15938.772.71$3,137
Oct 202001,21936.972.48$3,021
Sep 202001,22437.091.99$2,437
Aug 202001,25039.982.39$2,981
Jul 202001,15638.371.83$2,110
Jun 202001,09534.901.69$1,851
May 202001,11416.921.81$2,022
Apr 202001,12314.751.80$2,026
Mar 202001,24530.341.86$2,311
Feb 202001,15449.881.98$2,286
Jan 202001,31757.252.09$2,759
Dec 201901,32859.012.30$3,060
Nov 201901,26555.302.75$3,480
Oct 201901,36153.472.42$3,292
Sep 201901,28455.052.66$3,412
Aug 201901,37453.112.30$3,166
Jul 201901,45256.272.46$3,572
Jun 201901,22952.782.49$3,062
May 201901,26858.482.74$3,475
Apr 2019391,19662.632.75$5,732
Mar 201901,23356.803.06$3,776
Feb 201901,17450.852.79$3,278
Jan 201901,18246.033.23$3,816
Dec 201801,29646.594.19$5,424
Nov 201801,12652.934.24$4,771
Oct 201801,22861.443.40$4,173
Sep 201801,27159.543.11$3,950
Aug 201801,27959.403.07$3,922
Jul 201801,38865.142.93$4,069
Jun 201801,19060.183.08$3,662
May 201801,33965.382.90$3,884
Apr 201801,46463.842.90$4,247
Mar 201801,45161.222.79$4,044
Feb 201801,34361.782.77$3,715
Jan 201801,54162.874.01$6,178
Dec 201701,52657.272.92$4,458
Nov 201701,66855.423.12$5,201
Oct 201701,38449.292.98$4,129
Sep 2017451,60947.523.09$7,106
Aug 201701,61845.373.00$4,861
Jul 201701,53943.873.09$4,751
Jun 201701,60842.493.09$4,964
May 201701,62845.373.26$5,313
Apr 201701,48647.933.21$4,772
Mar 201701,74346.772.98$5,201
Feb 201701,59150.452.95$4,698
Jan 2017431,75049.413.42$8,108
Dec 201601,58248.763.72$5,890
Nov 201601,74242.492.64$4,606
Oct 201601,53146.193.09$4,731
Sep 201601,55741.553.10$4,828
Aug 201601,73041.442.92$5,059
Jul 201601,85241.622.92$5,416
Jun 201601,50945.352.69$4,053
May 201601,72842.521.99$3,441
Apr 2016271,68036.561.99$4,332
Mar 201601,78633.011.79$3,204
Feb 201601,74926.472.06$3,609
Jan 201601,96027.352.36$4,634
Dec 201501,84932.362.00$3,701
Nov 201501,79438.792.17$3,888
Oct 201501,92643.552.43$4,674
Sep 201501,81542.992.76$5,007
Aug 2015191,91840.162.87$6,272
Jul 201501,91448.152.95$5,637
Jun 201501,88056.152.88$5,420
May 201501,67555.212.96$4,950
Apr 2015941,90249.822.71$9,831
Mar 201502,00042.892.93$5,869
Feb 201501,88544.662.98$5,610
Jan 201501,76943.433.10$5,485
Dec 201401,84354.693.59$6,619
Nov 201402,00170.464.25$8,508
Oct 201402,15678.303.90$8,410
Sep 201402,09786.164.05$8,483
Aug 201402,18589.394.04$8,817
Jul 201402,09696.564.18$8,760
Jun 201402,15798.164.74$10,217
May 201402,08894.734.73$9,869
Apr 201402,27095.944.81$10,917
Mar 20141022,29895.895.06$21,401
Feb 201402,12397.406.19$13,146
Jan 201402,27790.404.86$11,068
Dec 201302,08091.824.35$9,057
Nov 201302,07688.853.74$7,761
Oct 201302,43897.423.78$9,214
Sep 201302,307104.113.72$8,577
Aug 201302,512104.253.52$8,849
Jul 201302,496102.523.72$9,279
Jun 201302,41994.403.93$9,515
May 201302,46394.834.15$10,219
Apr 201302,41993.964.28$10,360
Mar 201302,54193.623.91$9,943
Feb 2013872,39891.233.42$16,138
Jan 201302,57091.603.42$8,789
Dec 201202,58986.773.42$8,855
Nov 201202,56586.953.62$9,298
Oct 201202,73989.383.40$9,312
Sep 201202,59094.672.92$7,559
Aug 201202,79092.662.91$8,114
Jul 201202,85685.133.02$8,627
Jun 201202,70279.822.52$6,806
May 201203,04091.612.49$7,564
Apr 2012782,902101.652.00$13,723
Mar 201202,831105.052.22$6,291
Feb 201202,753101.102.57$7,076
Jan 201203,09298.092.73$8,454
Dec 201102,95696.873.24$9,577
Nov 201102,99895.723.31$9,927
Oct 201103,16184.983.65$11,533
Sep 2011693,04583.623.99$17,907
Aug 201103,33283.404.15$13,826
Jul 201103,34394.144.52$15,101
Jun 201103,14992.904.64$14,611
May 201103,65498.134.40$16,095
Apr 201102,348105.964.33$10,175
Mar 201103,39296.364.06$13,763
Feb 201103,25485.644.18$13,602
Jan 201103,72186.504.59$17,075
Dec 201003,88685.734.35$16,895
Nov 201003,99980.843.80$15,178
Oct 201003,16078.103.51$11,088
Sep 201003,27972.633.98$13,049
Aug 201003,80373.684.42$16,807
Jul 201004,19072.554.74$19,846
Jun 201003,28770.364.91$16,140
May 201004,08971.124.24$17,318
Apr 201003,79681.694.12$15,650
Mar 201004,08178.394.39$17,910
Feb 201003,85573.585.44$20,980
Jan 2010704,45574.365.96$31,775
Dec 200904,34271.445.48$23,810
Nov 200904,42774.593.75$16,608
Oct 200904,75772.544.11$19,552
Sep 200904,40765.543.06$13,506
Aug 200904,79867.423.22$15,442
Jul 20091655,03261.133.46$27,520
Jun 200904,78366.163.90$18,630
May 200905,21054.743.93$20,453
Apr 200905,14446.773.59$18,454
Mar 200905,36142.144.06$21,760
Feb 200904,92532.814.63$22,818
Jan 200905,81235.865.37$31,216
Dec 200805,62637.105.98$33,627
Nov 200805,81655.496.86$39,900
Oct 200806,45375.246.92$44,668
Sep 20081926,158101.767.88$68,045
Aug 200807,143114.228.48$60,594
Jul 200807,238131.0811.39$82,437
Jun 200805,828131.3313.03$75,954
May 200807,106123.1711.57$82,247
Apr 200807,786110.3110.45$81,402
Mar 200806,768101.909.66$65,406
Feb 200806,25492.538.77$54,851
Jan 200807,25990.388.21$59,565
Dec 20071737,44188.337.30$69,615
Nov 200707,75091.677.29$56,511
Oct 200708,53182.856.92$59,051
Sep 200708,05875.846.24$50,315
Aug 200708,63369.066.39$55,147
Jul 20071639,18370.906.39$70,217
Jun 200709,13362.007.55$68,940
May 2007010,60458.747.85$83,202
Apr 200717910,69359.617.81$94,131
Mar 2007012,70456.927.30$92,764
Feb 200717911,70555.108.22$106,031
Jan 2007013,87750.306.73$93,349
Dec 200618015,23156.656.92$115,572
Nov 2006016,30954.207.62$124,233
Oct 200617718,84654.906.01$123,053
Sep 200618022,31560.085.04$123,220
Aug 200618130,18268.717.34$233,970
Jul 20061621,29069.376.34$136,147

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                  955 Mcf  × $  3.05 =     $2,909

────────────────────────────────────────────────────
Month total                                   $2,909

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/224633 is the state's own key, not one this site invented.