NEWSOME -A-

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 227323District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Mar 2007 – May 2026
Value, last 12 filed months
$14
at the published price for each month
Months reported
231
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 Gas112007-07-16175692
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
CondensateDisposition1,406 bbl$105,172
GasProduction637,581 Mcf$3,389,317
Total$3,494,488

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 32.1824, -95.1683. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18243, -95.16834 · 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
12,100 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 12,100 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-423321521212,100 ftMar 2007

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 (231)

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

231 months

May 202600106.413.05$0
Apr 20260598.932.87$14
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 202503262.363.54$113
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 20240176.091.78$2
Jan 2024010973.023.30$359
Dec 2023043171.262.61$1,125
Nov 2023042077.892.81$1,179
Oct 2023048885.443.09$1,507
Sep 2023092789.042.74$2,535
Aug 202301,52980.522.67$4,087
Jul 202301,28374.852.64$3,389
Jun 2023085968.962.26$1,940
May 2023055270.622.23$1,230
Apr 2023043978.122.24$982
Mar 2023045472.852.39$1,086
Feb 2023040175.112.47$989
Jan 2023044776.533.39$1,514
Dec 2022044276.415.73$2,532
Nov 2022042285.005.65$2,383
Oct 2022061187.185.86$3,583
Sep 2022055884.888.16$4,555
Aug 2022097194.529.13$8,862
Jul 202211,312101.587.54$9,997
Jun 202211,145115.097.98$9,249
May 202201,213109.378.43$10,229
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202205981.844.54$268
Dec 2021072471.323.90$2,823
Nov 2021066777.435.24$3,493
Oct 2021161179.795.71$3,571
Sep 2021057069.865.35$3,050
Aug 2021182666.024.22$3,552
Jul 202121,11770.783.98$4,590
Jun 2021201,06069.493.38$4,973
May 20215557363.483.02$5,221
Apr 2021055060.362.76$1,517
Mar 2021057561.302.72$1,562
Feb 2021066357.805.55$3,678
Jan 2021066050.412.81$1,855
Dec 2020065244.642.68$1,744
Nov 2020057838.772.71$1,564
Oct 2020062536.972.48$1,549
Sep 2020042937.091.99$854
Aug 2020078139.982.39$1,863
Jul 2020053138.371.83$969
Jun 2020061534.901.69$1,040
May 2020068516.921.81$1,243
Apr 2020068714.751.80$1,240
Mar 2020075530.341.86$1,401
Feb 2020761249.881.98$1,561
Jan 2020098457.252.09$2,061
Dec 201901,40159.012.30$3,228
Nov 201901,49655.302.75$4,115
Oct 201901,56953.472.42$3,795
Sep 201901,50455.052.66$3,997
Aug 201901,56753.112.30$3,611
Jul 201901,52956.272.46$3,761
Jun 201901,42152.782.49$3,540
May 201901,57758.482.74$4,321
Apr 201901,51162.632.75$4,156
Mar 201901,32956.803.06$4,070
Feb 201901,47850.852.79$4,127
Jan 201901,57946.033.23$5,097
Dec 201801,56346.594.19$6,542
Nov 201801,49052.934.24$6,313
Oct 201801,60061.443.40$5,437
Sep 201801,49959.543.11$4,659
Aug 201811,75359.403.07$5,435
Jul 201801,82165.142.93$5,339
Jun 201801,64160.183.08$5,049
May 201801,38765.382.90$4,023
Apr 201801,46263.842.90$4,241
Mar 201801,76361.222.79$4,913
Feb 201801,55061.782.77$4,287
Jan 201801,71762.874.01$6,884
Dec 201701,77957.272.92$5,197
Nov 201701,77955.423.12$5,548
Oct 201702,00449.292.98$5,979
Sep 201701,71447.523.09$5,292
Aug 201701,70745.373.00$5,129
Jul 201701,66843.873.09$5,150
Jun 2017681,71042.493.09$8,169
May 201701,02545.373.26$3,345
Apr 201701,67247.933.21$5,370
Mar 201701,83846.772.98$5,484
Feb 201701,71650.452.95$5,067
Jan 201701,90449.413.42$6,509
Dec 201601,74348.763.72$6,489
Nov 201601,80042.492.64$4,760
Oct 201601,86146.193.09$5,751
Sep 201601,81841.553.10$5,637
Aug 201601,88141.442.92$5,501
Jul 201601,93541.622.92$5,659
Jun 201601,83145.352.69$4,918
May 201601,85542.521.99$3,693
Apr 201601,52536.561.99$3,036
Mar 201602,01933.011.79$3,622
Feb 201601,87026.472.06$3,859
Jan 201602,12827.352.36$5,031
Dec 201502,05032.362.00$4,103
Nov 201502,06738.792.17$4,480
Oct 201502,19343.552.43$5,321
Sep 201502,09542.992.76$5,779
Aug 201502,22440.162.87$6,388
Jul 201502,25048.152.95$6,626
Jun 2015812,23356.152.88$10,986
May 201502,01755.212.96$5,961
Apr 201502,23449.822.71$6,046
Mar 201502,34342.892.93$6,876
Feb 201502,14844.662.98$6,393
Jan 201502,32943.433.10$7,221
Dec 201402,46754.693.59$8,860
Nov 201402,39570.464.25$10,183
Oct 201402,57178.303.90$10,029
Sep 201402,54286.164.05$10,284
Aug 201412,57689.394.04$10,484
Jul 201402,51596.564.18$10,512
Jun 201402,66198.164.74$12,605
May 201402,63294.734.73$12,440
Apr 201402,78595.944.81$13,393
Mar 201412,68995.895.06$13,694
Feb 201402,39797.406.19$14,842
Jan 201402,71390.404.86$13,187
Dec 201302,69791.824.35$11,744
Nov 201302,62088.853.74$9,794
Oct 201302,68797.423.78$10,155
Sep 201302,664104.113.72$9,904
Aug 201302,771104.253.52$9,761
Jul 2013772,772102.523.72$18,200
Jun 201302,66694.403.93$10,486
May 201302,94094.834.15$12,198
Apr 201302,86893.964.28$12,282
Mar 201302,99993.623.91$11,735
Feb 201302,76591.233.42$9,456
Jan 201302,97591.603.42$10,174
Dec 201212,91386.773.42$10,050
Nov 201202,88286.953.62$10,447
Oct 201202,77789.383.40$9,441
Sep 201203,00094.672.92$8,755
Aug 201202,91092.662.91$8,463
Jul 201203,13585.133.02$9,470
Jun 201202,76579.822.52$6,965
May 201203,47091.612.49$8,634
Apr 201202,944101.652.00$5,879
Mar 2012953,507105.052.22$17,773
Feb 201203,423101.102.57$8,798
Jan 201203,62098.092.73$9,897
Dec 201103,04996.873.24$9,878
Nov 201102,86695.723.31$9,490
Oct 201103,75284.983.65$13,689
Sep 201103,80283.623.99$15,154
Aug 201104,10383.404.15$17,025
Jul 201104,40594.144.52$19,898
Jun 201102,87992.904.64$13,358
May 201103,29698.134.40$14,518
Apr 201103,753105.964.33$16,263
Mar 201104,26596.364.06$17,305
Feb 201102,83185.644.18$11,834
Jan 201103,00886.504.59$13,803
Dec 201002,51485.734.35$10,930
Nov 201003,06380.843.80$11,625
Oct 201003,54378.103.51$12,432
Sep 2010983,73772.633.98$21,989
Aug 201003,97173.684.42$17,549
Jul 201004,37172.554.74$20,703
Jun 201004,25470.364.91$20,889
May 201005,08771.124.24$21,545
Apr 201004,41781.694.12$18,210
Mar 201004,90778.394.39$21,535
Feb 201004,31973.585.44$23,506
Jan 201005,20774.365.96$31,055
Dec 200905,03571.445.48$27,611
Nov 200905,37474.593.75$20,161
Oct 200905,40872.544.11$22,228
Sep 200905,41565.543.06$16,596
Aug 200905,80667.423.22$18,687
Jul 200905,94561.133.46$20,596
Jun 200905,94266.163.90$23,144
May 200906,31754.743.93$24,799
Apr 200906,33246.773.59$22,716
Mar 2009966,80242.144.06$31,655
Feb 200906,33232.814.63$29,336
Jan 200905,96835.865.37$32,054
Dec 200807,15337.105.98$42,754
Nov 200807,23855.496.86$49,655
Oct 200807,60575.246.92$52,642
Sep 200807,580101.767.88$59,708
Aug 2008958,903114.228.48$86,375
Jul 200808,909131.0811.39$101,468
Jun 200808,613131.3313.03$112,250
May 200809,701123.1711.57$112,282
Apr 20081089,543110.3110.45$111,684
Mar 2008010,256101.909.66$99,115
Feb 200809,92692.538.77$87,057
Jan 200809,77190.388.21$80,178
Dec 2007011,00588.337.30$80,358
Nov 20078212,33991.677.29$97,489
Oct 2007012,80882.856.92$88,657
Sep 20076313,42675.846.24$88,612
Aug 2007013,68469.066.39$87,413
Jul 20077612,74870.906.39$86,822
Jun 2007013,94462.007.55$105,256
May 200717716,10758.747.85$136,777
Apr 200719217,65859.617.81$149,269
Mar 200767,06456.927.30$51,923

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                    5 Mcf  × $  2.87 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/227323 is the state's own key, not one this site invented.