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 225194District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Aug 2006 – May 2026
Value, last 12 filed months
$96 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 Gas112007-05-09174434
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
CondensateDisposition4,634 bbl$322,872
GasProduction1,462,440 Mcf$7,635,748
Total$7,958,620

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 32.1426, -95.1444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14257, -95.14436 · 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
12,265 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 12,265 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-42332124612,265 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 202602,201106.413.05$6,704
Apr 2026462,21698.932.87$10,910
Mar 202601,74689.753.15$5,499
Feb 202601,91063.503.75$7,163
Jan 202601,07859.138.00$8,622
Dec 202502,17856.664.41$9,612
Nov 202502,24358.593.93$8,807
Oct 202501,98759.383.30$6,567
Sep 2025552,32962.743.08$10,617
Aug 202502,37563.933.01$7,160
Jul 202502,07466.743.32$6,876
Jun 202512,23066.483.13$7,044
May 2025612,68260.553.23$12,363
Apr 202502,13662.363.54$7,568
Mar 202532,69467.704.27$11,702
Feb 202511,57970.884.34$6,925
Jan 202501,88674.324.28$8,070
Dec 202402,11768.993.12$6,608
Nov 202402,18069.052.20$4,793
Oct 202402,18971.372.28$4,994
Sep 202412,40369.612.36$5,751
Aug 202412,41875.632.06$5,065
Jul 202402,44479.932.15$5,246
Jun 2024612,28778.082.63$10,787
May 202402,35078.812.20$5,166
Apr 202422,33384.451.66$4,040
Mar 202412,31680.301.55$3,659
Feb 202403,06376.091.78$5,463
Jan 2024661,68773.023.30$10,382
Dec 202312,99971.262.61$7,901
Nov 202313,11377.892.81$8,818
Oct 202302,14285.443.09$6,613
Sep 202302,97789.042.74$8,142
Aug 202303,51680.522.67$9,398
Jul 202302,29474.852.64$6,060
Jun 202302,27868.962.26$5,145
May 2023723,43470.622.23$12,734
Apr 202303,34478.122.24$7,483
Mar 202302,89872.852.39$6,935
Feb 202333,01275.112.47$7,652
Jan 202303,22876.533.39$10,936
Dec 202203,89476.415.73$22,309
Nov 202202,07285.005.65$11,699
Oct 202202,83787.185.86$16,635
Sep 202203,65884.888.16$29,863
Aug 202203,47894.529.13$31,744
Jul 202223,212101.587.54$24,428
Jun 202233,017115.097.98$24,412
May 202203,201109.378.43$26,994
Apr 202232,871104.226.84$19,943
Mar 202212,558108.885.08$13,094
Feb 202242,15591.054.86$10,835
Jan 202202,90981.844.54$13,200
Dec 202122,87271.323.90$11,341
Nov 202112,79177.435.24$14,693
Oct 202142,69079.795.71$15,689
Sep 202122,46369.865.35$13,319
Aug 202132,71766.024.22$11,665
Jul 202142,68970.783.98$10,991
Jun 202122,57969.493.38$8,858
May 2021382,99163.483.02$11,438
Apr 202103,40660.362.76$9,395
Mar 202102,29061.302.72$6,222
Feb 202101,84057.805.55$10,208
Jan 202103,10850.412.81$8,734
Dec 2020653,14344.642.68$11,311
Nov 202002,92438.772.71$7,914
Oct 202003,11936.972.48$7,730
Sep 202003,40637.091.99$6,781
Aug 202002,96139.982.39$7,062
Jul 202002,67938.371.83$4,890
Jun 202002,81034.901.69$4,750
May 2020642,88816.921.81$6,324
Apr 202002,58614.751.80$4,666
Mar 202002,79030.341.86$5,179
Feb 202002,32249.881.98$4,599
Jan 202002,61757.252.09$5,482
Dec 201902,41559.012.30$5,565
Nov 2019541,94355.302.75$8,331
Oct 201902,51453.472.42$6,080
Sep 201903,16355.052.66$8,405
Aug 2019592,81753.112.30$9,625
Jul 201902,99656.272.46$7,370
Jun 201903,02352.782.49$7,531
May 201903,25058.482.74$8,906
Apr 201903,19862.632.75$8,797
Mar 2019663,05756.803.06$13,110
Feb 201902,76650.852.79$7,723
Jan 201903,06746.033.23$9,901
Dec 201803,20446.594.19$13,410
Nov 201803,18352.934.24$13,487
Oct 201803,34761.443.40$11,373
Sep 2018673,53059.543.11$14,960
Aug 201802,63959.403.07$8,093
Jul 201803,10565.142.93$9,103
Jun 201803,06560.183.08$9,431
May 201803,21965.382.90$9,338
Apr 2018653,33763.842.90$13,830
Mar 201802,12661.222.79$5,925
Feb 201802,65961.782.77$7,355
Jan 201803,30762.874.01$13,259
Dec 201703,21357.272.92$9,387
Nov 2017653,32155.423.12$13,958
Oct 201703,73449.292.98$11,141
Sep 201702,48247.523.09$7,663
Aug 201713,61745.373.00$10,912
Jul 201703,28143.873.09$10,129
Jun 201702,82142.493.09$8,709
May 2017633,50245.373.26$14,287
Apr 201713,45147.933.21$11,131
Mar 201703,66346.772.98$10,929
Feb 201703,33250.452.95$9,838
Jan 2017564,02649.413.42$16,531
Dec 201603,55148.763.72$13,220
Nov 201603,52042.492.64$9,308
Oct 201604,28446.193.09$13,239
Sep 201602,52241.553.10$7,820
Aug 201604,61841.442.92$13,505
Jul 2016352,59241.622.92$9,037
Jun 201603,62545.352.69$9,736
May 201604,52342.521.99$9,005
Apr 201602,78736.561.99$5,549
Mar 201602,98333.011.79$5,352
Feb 2016493,46926.472.06$8,456
Jan 201604,23527.352.36$10,013
Dec 201503,67432.362.00$7,353
Nov 201504,03438.792.17$8,743
Oct 201503,47843.552.43$8,440
Sep 201503,95142.992.76$10,899
Aug 2015483,47440.162.87$11,907
Jul 201505,16148.152.95$15,200
Jun 201502,76156.152.88$7,960
May 201502,98755.212.96$8,828
Apr 201503,11149.822.71$8,420
Mar 201503,54742.892.93$10,409
Feb 2015523,71144.662.98$13,367
Jan 201503,49943.433.10$10,849
Dec 201404,27354.693.59$15,346
Nov 201403,88370.464.25$16,510
Oct 201403,95078.303.90$15,409
Sep 2014534,06386.164.05$21,003
Aug 201404,50489.394.04$18,174
Jul 201404,24896.564.18$17,755
Jun 201404,81498.164.74$22,803
May 2014543,40794.734.73$21,219
Apr 201405,06995.944.81$24,377
Mar 201404,21895.895.06$21,330
Feb 201404,99497.406.19$30,923
Jan 2014713,64690.404.86$24,141
Dec 201304,50291.824.35$19,604
Nov 201304,66288.853.74$17,428
Oct 201304,62297.423.78$17,468
Sep 201304,437104.113.72$16,496
Aug 2013694,773104.253.52$24,007
Jul 201304,900102.523.72$18,217
Jun 201304,68394.403.93$18,420
May 201304,58994.834.15$19,040
Apr 201304,59993.964.28$19,696
Mar 20131235,11793.623.91$31,537
Feb 201304,68691.233.42$16,026
Jan 201305,26591.603.42$18,006
Dec 201225,56586.773.42$19,207
Nov 2012685,19786.953.62$24,752
Oct 201205,11189.383.40$17,376
Sep 201205,13494.672.92$14,983
Aug 201205,61692.662.91$16,332
Jul 2012675,69085.133.02$22,892
Jun 201205,78179.822.52$14,563
May 201207,24691.612.49$18,030
Apr 201202,541101.652.00$5,074
Mar 2012725,099105.052.22$18,894
Feb 201205,571101.102.57$14,319
Jan 201206,03598.092.73$16,500
Dec 201106,34596.873.24$20,556
Nov 2011576,69295.723.31$27,615
Oct 201104,81884.983.65$17,579
Sep 201105,14783.623.99$20,515
Aug 201106,23483.404.15$25,867
Jul 2011686,56294.144.52$36,044
Jun 201106,23992.904.64$28,948
May 201106,12398.134.40$26,971
Apr 201106,143105.964.33$26,619
Mar 2011596,47796.364.06$31,965
Feb 201105,48685.644.18$22,931
Jan 201106,97086.504.59$31,984
Dec 2010786,99085.734.35$37,078
Nov 201006,97780.843.80$26,480
Oct 201006,65678.103.51$23,355
Sep 2010967,30772.633.98$36,050
Aug 201006,79373.684.42$30,021
Jul 201007,69272.554.74$36,433
Jun 201007,73370.364.91$37,972
May 201007,48871.124.24$31,713
Apr 2010757,98581.694.12$39,046
Mar 201006,28678.394.39$27,587
Feb 201007,40973.585.44$40,322
Jan 2010728,21074.365.96$54,319
Dec 200908,41271.445.48$46,129
Nov 2009468,43274.593.75$35,064
Oct 200908,92572.544.11$36,684
Sep 200908,04865.543.06$24,665
Aug 200908,84267.423.22$28,458
Jul 2009659,31561.133.46$36,245
Jun 200909,12866.163.90$35,554
May 2009329,36354.743.93$38,508
Apr 200909,65846.773.59$34,648
Mar 200909,93342.144.06$40,318
Feb 200909,41032.814.63$43,597
Jan 2009569,99835.865.37$55,707
Dec 2008010,33837.105.98$61,792
Nov 2008010,45955.496.86$71,753
Oct 2008011,31975.246.92$78,350
Sep 20086611,966101.767.88$100,973
Aug 2008011,600114.228.48$98,403
Jul 20085912,760131.0811.39$153,063
Jun 2008012,669131.3313.03$165,110
May 20086119,801123.1711.57$236,696
Apr 2008012,786110.3110.45$133,676
Mar 20086114,417101.909.66$145,543
Feb 20086714,17492.538.77$130,514
Jan 20088315,48190.388.21$134,534
Dec 20075716,81988.337.30$127,847
Nov 2007016,19691.677.29$118,096
Oct 20074018,14882.856.92$128,934
Sep 20076318,45675.846.24$120,020
Aug 20078319,98769.066.39$133,408
Jul 20078022,66670.906.39$150,461
Jun 2007019,00062.007.55$143,421
May 200717320,05758.747.85$167,535
Apr 20078121,22759.617.81$170,509
Mar 200719524,21356.927.30$187,902
Feb 20076624,06955.108.22$201,388
Jan 200713030,63050.306.73$212,582
Dec 200613535,37356.656.92$252,374
Nov 200618639,75354.207.62$312,899
Oct 200619853,61454.906.01$333,294
Sep 200621080,58660.085.04$418,545
Aug 200622,58168.717.34$19,082

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                2,201 Mcf  × $  3.05 =     $6,704

────────────────────────────────────────────────────
Month total                                   $6,704

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/225194 is the state's own key, not one this site invented.