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 227697District 06Field 67849150NGPA filingCondensateGasSaveExport
Value, all time
$4.7 M
Mar 2007 – May 2026
Value, last 12 filed months
$87 k
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
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
CondensateDisposition7,106 bbl$524,931
GasProduction819,081 Mcf$4,189,091
Total$4,714,022

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 32.1591, -95.1136. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15915, -95.11363 · 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
12,341 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 12,341 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-423321671312,341 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 202601,796106.413.05$5,470
Apr 2026171,41098.932.87$5,728
Mar 202691,59189.753.15$5,819
Feb 202691,49563.503.75$6,178
Jan 202691,49559.138.00$12,489
Dec 202591,63856.664.41$7,739
Nov 202591,56858.593.93$6,684
Oct 2025181,69959.383.30$6,684
Sep 202591,78762.743.08$6,063
Aug 2025191,63963.933.01$6,156
Jul 2025191,95066.743.32$7,733
Jun 2025731,61866.483.13$9,915
May 2025481,53560.553.23$7,868
Apr 20251451,85362.363.54$15,608
Mar 202511,83767.704.27$7,909
Feb 202511,89270.884.34$8,284
Jan 20251521,90474.324.28$19,443
Dec 202402,20368.993.12$6,876
Nov 202402,13969.052.20$4,702
Oct 202401,89971.372.28$4,332
Sep 202411,75169.612.36$4,210
Aug 202401,68375.632.06$3,473
Jul 202401,95179.932.15$4,188
Jun 202411,99178.082.63$5,322
May 202402,18678.812.20$4,806
Apr 202411,99084.451.66$3,386
Mar 20241062,03880.301.55$11,661
Feb 202402,17276.091.78$3,874
Jan 202402,19673.023.30$7,242
Dec 202312,20071.262.61$5,815
Nov 202301,90777.892.81$5,354
Oct 202301,13885.443.09$3,513
Sep 202301,16089.042.74$3,173
Aug 202301,06280.522.67$2,839
Jul 202301,18174.852.64$3,120
Jun 202301,15268.962.26$2,602
May 2023891,27070.622.23$9,114
Apr 202301,38878.122.24$3,106
Mar 202301,48072.852.39$3,542
Feb 202311,32375.112.47$3,337
Jan 202301,52476.533.39$5,163
Dec 202201,51176.415.73$8,657
Nov 202201,45085.005.65$8,187
Oct 202201,49687.185.86$8,772
Sep 202201,44784.888.16$11,813
Aug 202201,47494.529.13$13,453
Jul 202211,535101.587.54$11,679
Jun 202211,523115.097.98$12,264
May 202201,597109.378.43$13,468
Apr 202211,527104.226.84$10,545
Mar 202211,587108.885.08$8,165
Feb 202221,47791.054.86$7,359
Jan 202201,64481.844.54$7,460
Dec 202111,69871.323.90$6,692
Nov 202111,70877.435.24$9,022
Oct 202121,99679.795.71$11,564
Sep 202111,27369.865.35$6,882
Aug 202121,09266.024.22$4,741
Jul 202121,10470.783.98$4,538
Jun 202111,06769.493.38$3,677
May 2021111,20163.483.02$4,323
Apr 202101,12860.362.76$3,112
Mar 202101,31861.302.72$3,581
Feb 2021201,07057.805.55$7,092
Jan 202101,49450.412.81$4,199
Dec 202001,50844.642.68$4,035
Nov 202001,37138.772.71$3,711
Oct 202001,32736.972.48$3,289
Sep 202001,50637.091.99$2,999
Aug 202001,61339.982.39$3,847
Jul 202001,61138.371.83$2,940
Jun 202001,53934.901.69$2,601
May 202001,61716.921.81$2,934
Apr 202001,56914.751.80$2,831
Mar 202001,65730.341.86$3,076
Feb 202001,41049.881.98$2,793
Jan 202001,65357.252.09$3,463
Dec 201901,76859.012.30$4,074
Nov 201901,59855.302.75$4,396
Oct 201901,81753.472.42$4,394
Sep 201901,76455.052.66$4,687
Aug 201901,82053.112.30$4,194
Jul 201901,95156.272.46$4,800
Jun 201901,40352.782.49$3,495
May 201901,91258.482.74$5,239
Apr 201901,77162.632.75$4,871
Mar 201901,91356.803.06$5,858
Feb 201901,82150.852.79$5,085
Jan 2019361,80946.033.23$7,497
Dec 201801,84446.594.19$7,718
Nov 201801,81652.934.24$7,695
Oct 201801,82561.443.40$6,202
Sep 2018611,90859.543.11$9,562
Aug 201801,98459.403.07$6,084
Jul 201802,00165.142.93$5,867
Jun 201801,97560.183.08$6,077
May 201801,93865.382.90$5,622
Apr 201801,74063.842.90$5,047
Mar 2018582,01161.222.79$9,155
Feb 201801,90661.782.77$5,272
Jan 201802,32762.874.01$9,330
Dec 201702,07957.272.92$6,074
Nov 2017541,97155.423.12$9,139
Oct 201702,14949.292.98$6,412
Sep 201702,05147.523.09$6,332
Aug 201702,15145.373.00$6,462
Jul 2017462,19643.873.09$8,798
Jun 201702,04942.493.09$6,326
May 201701,73945.373.26$5,675
Apr 201701,98747.933.21$6,381
Mar 201702,17246.772.98$6,481
Feb 201702,13850.452.95$6,313
Jan 2017482,17149.413.42$9,794
Dec 201602,15848.763.72$8,034
Nov 201601,91842.492.64$5,072
Oct 201601,85546.193.09$5,732
Sep 201602,04741.553.10$6,347
Aug 2016462,40041.442.92$8,925
Jul 201602,18041.622.92$6,375
Jun 201602,20345.352.69$5,917
May 2016382,29942.521.99$6,193
Apr 201602,24436.561.99$4,468
Mar 201602,28133.011.79$4,092
Feb 201602,24126.472.06$4,625
Jan 201602,56527.352.36$6,065
Dec 2015452,46632.362.00$6,392
Nov 201502,39338.792.17$5,186
Oct 201502,52743.552.43$6,132
Sep 201502,42942.992.76$6,700
Aug 201502,60740.162.87$7,489
Jul 201502,60048.152.95$7,657
Jun 2015452,53156.152.88$9,823
May 201502,38355.212.96$7,043
Apr 201502,55949.822.71$6,926
Mar 201502,67942.892.93$7,862
Feb 201502,48244.662.98$7,387
Jan 2015452,75243.433.10$10,487
Dec 201402,73554.693.59$9,822
Nov 201402,76070.464.25$11,735
Oct 2014492,95678.303.90$15,368
Sep 201402,79286.164.05$11,295
Aug 201402,94189.394.04$11,867
Jul 201403,00996.564.18$12,576
Jun 2014642,38798.164.74$17,589
May 201402,50794.734.73$11,849
Apr 201402,85895.944.81$13,744
Mar 201402,92095.895.06$14,766
Feb 2014822,61497.406.19$24,173
Jan 201402,94390.404.86$14,305
Dec 201303,04891.824.35$13,272
Nov 201302,99088.853.74$11,177
Oct 2013673,06797.423.78$18,118
Sep 201303,015104.113.72$11,209
Aug 201303,078104.253.52$10,843
Jul 201302,817102.523.72$10,473
Jun 2013663,06994.403.93$18,302
May 201303,25494.834.15$13,501
Apr 201303,15193.964.28$13,494
Mar 201303,13193.623.91$12,251
Feb 2013793,04391.233.42$17,614
Jan 201303,12291.603.42$10,677
Dec 201203,26686.773.42$11,170
Nov 201203,24786.953.62$11,770
Oct 2012983,14189.383.40$19,438
Sep 201203,11894.672.92$9,100
Aug 201203,18692.662.91$9,265
Jul 201203,27285.133.02$9,884
Jun 2012963,24779.822.52$15,842
May 201203,49191.612.49$8,687
Apr 201203,275101.652.00$6,540
Mar 201203,510105.052.22$7,800
Feb 2012923,045101.102.57$17,128
Jan 201203,38698.092.73$9,258
Dec 201103,46196.873.24$11,213
Nov 20111013,42295.723.31$20,999
Oct 201103,59884.983.65$13,127
Sep 201103,58983.623.99$14,305
Aug 2011983,56083.404.15$22,945
Jul 201103,74594.144.52$16,917
Jun 201103,68292.904.64$17,084
May 2011953,58498.134.40$25,109
Apr 201103,638105.964.33$15,764
Mar 201103,83696.364.06$15,564
Feb 2011953,53585.644.18$22,912
Jan 201103,97886.504.59$18,254
Dec 20101014,10685.734.35$26,511
Nov 201003,96780.843.80$15,056
Oct 201004,24778.103.51$14,902
Sep 201004,19772.633.98$16,702
Aug 2010954,62473.684.42$27,435
Jul 201004,68772.554.74$22,200
Jun 20101054,70170.364.91$30,472
May 201004,99671.124.24$21,159
Apr 201004,93181.694.12$20,329
Mar 20101115,07578.394.39$30,974
Feb 201004,76473.585.44$25,927
Jan 20101045,43474.365.96$40,142
Dec 200905,54171.445.48$30,385
Nov 200905,52674.593.75$20,731
Oct 20091125,82472.544.11$32,063
Sep 200905,74565.543.06$17,607
Aug 20091105,99367.423.22$26,705
Jul 200906,19161.133.46$21,449
Jun 2009966,16366.163.90$30,356
May 200906,60554.743.93$25,930
Apr 20091136,47446.773.59$28,510
Mar 20091136,79742.144.06$32,351
Feb 200906,35932.814.63$29,461
Jan 20091147,36935.865.37$43,667
Dec 200807,70637.105.98$46,060
Nov 20081227,93055.496.86$61,172
Oct 20081107,46775.246.92$59,963
Sep 200807,204101.767.88$56,747
Aug 20081198,755114.228.48$87,861
Jul 20081126,960131.0811.39$93,951
Jun 200807,694131.3313.03$100,273
May 20081068,398123.1711.57$110,257
Apr 2008888,614110.3110.45$99,765
Mar 20081288,980101.909.66$99,827
Feb 200809,04192.538.77$79,295
Jan 20089110,26290.388.21$92,432
Dec 200724411,00888.337.30$101,933
Nov 200717311,89091.677.29$102,557
Oct 200716613,42882.856.92$106,701
Sep 200717314,63975.846.24$104,529
Aug 200716814,18869.066.39$102,234
Jul 200733815,40870.906.39$122,390
Jun 200717517,13662.007.55$140,200
May 200738022,45258.747.85$198,486
Apr 200739428,77859.617.81$248,104
Mar 200744739,04556.927.30$310,549

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                1,796 Mcf  × $  3.05 =     $5,470

────────────────────────────────────────────────────
Month total                                   $5,470

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/227697 is the state's own key, not one this site invented.