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 225019District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Aug 2006 – May 2026
Value, last 12 filed months
$77 k
at the published price for each month
Months reported
238
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 Gas112007-04-23174236
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
CondensateDisposition10,777 bbl$745,200
GasProduction852,506 Mcf$4,389,782
Total$5,134,982

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 32.1608, -95.1340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.16077, -95.13397 · 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
12,329 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 12,329 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-423321131712,329 ftAug 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 (238)

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

238 months

May 202601,180106.413.05$3,594
Apr 202601,60898.932.87$4,615
Mar 202601,44989.753.15$4,564
Feb 202601,31863.503.75$4,943
Jan 202601,46059.138.00$11,677
Dec 202501,56356.664.41$6,898
Nov 202501,55458.593.93$6,102
Oct 20251701,49559.383.30$15,035
Sep 202501,47162.743.08$4,526
Aug 202501,57063.933.01$4,733
Jul 202501,80766.743.32$5,991
Jun 202501,34066.483.13$4,192
May 2025075960.553.23$2,453
Apr 202501,03362.363.54$3,660
Mar 2025189967.704.27$3,905
Feb 2025066970.884.34$2,904
Jan 2025077074.324.28$3,295
Dec 2024080568.993.12$2,513
Nov 2024077769.052.20$1,708
Oct 202417778971.372.28$14,433
Sep 2024075569.612.36$1,785
Aug 2024075075.632.06$1,548
Jul 2024078879.932.15$1,692
Jun 2024184578.082.63$2,304
May 2024096678.812.20$2,124
Apr 202401,00884.451.66$1,672
Mar 202401,23380.301.55$1,905
Feb 20241741,17876.091.78$15,341
Jan 202401,26173.023.30$4,158
Dec 202301,33971.262.61$3,496
Nov 202301,07877.892.81$3,027
Oct 202301,24185.443.09$3,831
Sep 202301,09089.042.74$2,981
Aug 202301,09980.522.67$2,938
Jul 202301,22774.852.64$3,241
Jun 202301,23368.962.26$2,785
May 202301,35570.622.23$3,018
Apr 202301,31878.122.24$2,949
Mar 202301,49972.852.39$3,587
Feb 202321,40375.112.47$3,610
Jan 202301,56276.533.39$5,292
Dec 202201,49776.415.73$8,576
Nov 202201,40685.005.65$7,939
Oct 202201,42887.185.86$8,373
Sep 202201,47184.888.16$12,009
Aug 202201,57194.529.13$14,339
Jul 202211,548101.587.54$11,777
Jun 202211,447115.097.98$11,658
May 202201,504109.378.43$12,683
Apr 202211,433104.226.84$9,903
Mar 202211,360108.885.08$7,013
Feb 202221,34191.054.86$6,698
Jan 202201,60981.844.54$7,301
Dec 202111,63271.323.90$6,435
Nov 202111,44577.435.24$7,645
Oct 202121,45979.795.71$8,496
Sep 202111,41269.865.35$7,625
Aug 202121,50866.024.22$6,497
Jul 202121,42670.783.98$5,820
Jun 202111,35069.493.38$4,633
May 2021611,29463.483.02$7,777
Apr 202101,27360.362.76$3,511
Mar 202101,36161.302.72$3,698
Feb 20211831,22557.805.55$17,374
Jan 202101,37650.412.81$3,867
Dec 202001,44044.642.68$3,853
Nov 202001,61238.772.71$4,363
Oct 202001,68236.972.48$4,169
Sep 202001,68937.091.99$3,363
Aug 202001,75139.982.39$4,176
Jul 202001,76238.371.83$3,216
Jun 202001,71034.901.69$2,890
May 202001,78516.921.81$3,239
Apr 202001,70114.751.80$3,069
Mar 20201841,98330.341.86$9,263
Feb 202002,27049.881.98$4,496
Jan 202001,56357.252.09$3,274
Dec 201901,78459.012.30$4,111
Nov 201901,76855.302.75$4,863
Oct 201901,87953.472.42$4,544
Sep 201901,84155.052.66$4,892
Aug 201901,85053.112.30$4,263
Jul 201901,90356.272.46$4,681
Jun 201901,42552.782.49$3,550
May 201902,02258.482.74$5,541
Apr 20191601,94462.632.75$15,368
Mar 201901,97556.803.06$6,048
Feb 201901,84350.852.79$5,146
Jan 201901,55646.033.23$5,023
Dec 201801,72246.594.19$7,207
Nov 20181541,74452.934.24$15,541
Oct 201802,18761.443.40$7,432
Sep 201801,75059.543.11$5,439
Aug 201801,86059.403.07$5,704
Jul 201801,95065.142.93$5,717
Jun 201801,98460.183.08$6,105
May 201801,93565.382.90$5,613
Apr 201801,97463.842.90$5,726
Mar 20181762,09661.222.79$16,616
Feb 201801,84361.782.77$5,098
Jan 201802,12362.874.01$8,512
Dec 201702,17757.272.92$6,360
Nov 201701,83255.423.12$5,713
Oct 201702,21049.292.98$6,594
Sep 201702,12847.523.09$6,570
Aug 201702,20845.373.00$6,634
Jul 20171882,15643.873.09$14,904
Jun 201702,19842.493.09$6,786
May 201702,31745.373.26$7,561
Apr 201702,33647.933.21$7,502
Mar 201702,01146.772.98$6,000
Feb 201702,04250.452.95$6,029
Jan 201702,15749.413.42$7,374
Dec 20161902,33748.763.72$17,965
Nov 201602,33242.492.64$6,167
Oct 201602,51246.193.09$7,763
Sep 201602,71641.553.10$8,421
Aug 201602,12541.442.92$6,214
Jul 201602,36641.622.92$6,919
Jun 201602,26545.352.69$6,083
May 20161792,40242.521.99$12,394
Apr 201602,34336.561.99$4,665
Mar 201602,47433.011.79$4,438
Feb 201602,38726.472.06$4,926
Jan 201602,72727.352.36$6,448
Dec 201502,44532.362.00$4,893
Nov 201502,44338.792.17$5,295
Oct 20151802,66843.552.43$14,313
Sep 201502,57542.992.76$7,103
Aug 201502,58240.162.87$7,417
Jul 201502,68148.152.95$7,896
Jun 201502,67656.152.88$7,715
May 201502,46355.212.96$7,279
Apr 20151692,61449.822.71$15,495
Mar 20151842,74642.892.93$15,950
Feb 201502,60044.662.98$7,738
Jan 201502,80743.433.10$8,703
Dec 201403,02354.693.59$10,857
Nov 201402,89470.464.25$12,305
Oct 201403,21078.303.90$12,522
Sep 201403,14186.164.05$12,707
Aug 201403,40889.394.04$13,752
Jul 20141763,47196.564.18$31,502
Jun 201402,28798.164.74$10,833
May 201402,60994.734.73$12,332
Apr 201402,96995.944.81$14,278
Mar 201402,83995.895.06$14,356
Feb 201402,70197.406.19$16,725
Jan 20141832,86290.404.86$30,455
Dec 201302,96791.824.35$12,920
Nov 201302,96688.853.74$11,088
Oct 201303,08197.423.78$11,644
Sep 201302,929104.113.72$10,889
Aug 201303,143104.253.52$11,072
Jul 201303,121102.523.72$11,603
Jun 20131952,98494.403.93$30,145
May 201303,23694.834.15$13,426
Apr 201303,05893.964.28$13,096
Mar 201303,23493.623.91$12,654
Feb 201302,96291.233.42$10,130
Jan 20132003,31591.603.42$29,657
Dec 201203,33486.773.42$11,403
Nov 201203,12886.953.62$11,339
Oct 201203,13989.383.40$10,672
Sep 201203,10494.672.92$9,059
Aug 201203,39992.662.91$9,885
Jul 20121963,58085.133.02$27,500
Jun 201203,14979.822.52$7,932
May 201203,75691.612.49$9,346
Apr 201203,323101.652.00$6,635
Mar 201203,207105.052.22$7,126
Feb 201203,426101.102.57$8,806
Jan 20121953,71898.092.73$29,293
Dec 201103,67696.873.24$11,909
Nov 201103,73695.723.31$12,371
Oct 201104,01084.983.65$14,631
Sep 20111923,59183.623.99$30,368
Aug 201104,28183.404.15$17,763
Jul 201103,91594.144.52$17,685
Jun 201103,86692.904.64$17,938
May 20111723,91798.134.40$34,132
Apr 201104,174105.964.33$18,087
Mar 201104,06696.364.06$16,497
Feb 201103,62785.644.18$15,161
Jan 20111934,51286.504.59$37,399
Dec 201004,39285.734.35$19,095
Nov 201004,62480.843.80$17,550
Oct 201004,25678.103.51$14,934
Sep 20101544,40872.633.98$28,727
Aug 201005,18173.684.42$22,897
Jul 201004,36272.554.74$20,661
Jun 20101574,32170.364.91$32,264
May 201004,80871.124.24$20,363
Apr 201004,36481.694.12$17,991
Mar 20101954,75978.394.39$36,172
Feb 201004,63973.585.44$25,247
Jan 201005,01474.365.96$29,904
Dec 200904,87371.445.48$26,722
Nov 20091995,26274.593.75$34,584
Oct 200905,29372.544.11$21,756
Sep 200905,52565.543.06$16,933
Aug 20091745,44567.423.22$29,256
Jul 200905,52461.133.46$19,138
Jun 200905,76866.163.90$22,466
May 20091565,68854.743.93$30,869
Apr 200906,18546.773.59$22,189
Mar 20091875,91842.144.06$31,901
Feb 200905,51932.814.63$25,570
Jan 200906,29135.865.37$33,789
Dec 20081716,73037.105.98$46,570
Nov 200806,38255.496.86$43,783
Oct 20081667,35975.246.92$63,429
Sep 200806,687101.767.88$52,674
Aug 20081547,816114.228.48$83,893
Jul 200807,739131.0811.39$88,143
Jun 20081817,729131.3313.03$124,500
May 200807,645123.1711.57$88,485
Apr 20081798,271110.3110.45$106,218
Mar 20081938,750101.909.66$104,227
Feb 200807,82692.538.77$68,639
Jan 20081738,08390.388.21$81,963
Dec 20071828,45688.337.30$77,822
Nov 20071819,36391.677.29$84,864
Oct 200709,74982.856.92$67,482
Sep 20071739,98375.846.24$75,456
Aug 200717711,09269.066.39$83,079
Jul 200720611,61470.906.39$88,795
Jun 200718611,79562.007.55$100,566
May 2007014,39958.747.85$112,979
Apr 200737212,24659.617.81$117,757
Mar 200718711,33856.927.30$93,434
Feb 200718010,99355.108.22$100,236
Jan 200718112,71450.306.73$94,629
Dec 200635214,71056.656.92$121,711
Nov 200635518,46454.207.62$159,890
Oct 200639722,75754.906.01$158,651
Sep 200656830,17460.085.04$186,118
Aug 200639024,29568.717.34$205,120

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                1,180 Mcf  × $  3.05 =     $3,594

────────────────────────────────────────────────────
Month total                                   $3,594

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/225019 is the state's own key, not one this site invented.