SHAW 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 227900District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Dec 2006 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
234
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 Gas112007-08-01176131
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
CondensateDisposition2,993 bbl$214,493
GasProduction692,080 Mcf$3,841,255
Total$4,055,749

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 32.1816, -95.1538. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18159, -95.15383 · 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
11,900 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 11,900 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-423321401311,900 ftDec 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 (234)

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

234 months

May 20260743106.413.05$2,263
Apr 2026073498.932.87$2,106
Mar 2026074589.753.15$2,346
Feb 2026062063.503.75$2,325
Jan 202614378659.138.00$14,742
Dec 2025079056.664.41$3,487
Nov 2025077958.593.93$3,059
Oct 2025078459.383.30$2,591
Sep 2025079362.743.08$2,440
Aug 2025083763.933.01$2,523
Jul 2025045966.743.32$1,522
Jun 2025051666.483.13$1,614
May 2025062560.553.23$2,020
Apr 2025066362.363.54$2,349
Mar 2025072367.704.27$3,086
Feb 2025067870.884.34$2,943
Jan 2025068974.324.28$2,948
Dec 2024067968.993.12$2,119
Nov 2024064669.052.20$1,420
Oct 2024051671.372.28$1,177
Sep 2024060169.612.36$1,421
Aug 2024057475.632.06$1,185
Jul 2024063379.932.15$1,359
Jun 2024157878.082.63$1,601
May 2024064278.812.20$1,411
Apr 2024054084.451.66$896
Mar 2024079580.301.55$1,228
Feb 2024069076.091.78$1,231
Jan 2024073473.023.30$2,420
Dec 2023080071.262.61$2,089
Nov 2023069577.892.81$1,951
Oct 2023065385.443.09$2,016
Sep 2023059289.042.74$1,619
Aug 2023078880.522.67$2,106
Jul 2023085074.852.64$2,246
Jun 2023080968.962.26$1,827
May 2023092870.622.23$2,067
Apr 2023090578.122.24$2,025
Mar 2023090972.852.39$2,175
Feb 2023178075.112.47$1,998
Jan 2023079776.533.39$2,700
Dec 2022064676.415.73$3,701
Nov 2022080685.005.65$4,551
Oct 2022089587.185.86$5,248
Sep 2022086784.888.16$7,078
Aug 2022086194.529.13$7,858
Jul 20221880101.587.54$6,739
Jun 20221808115.097.98$6,561
May 202201,029109.378.43$8,678
Apr 20221960104.226.84$6,668
Mar 20220899108.885.08$4,564
Feb 2022199591.054.86$4,926
Jan 202201,03981.844.54$4,715
Dec 202101,06871.323.90$4,164
Nov 202101,00477.435.24$5,258
Oct 2021198579.795.71$5,708
Sep 2021199969.865.35$5,415
Aug 2021197566.024.22$4,181
Jul 2021299270.783.98$4,092
Jun 202110198769.493.38$10,355
May 202101,01063.483.02$3,048
Apr 202101,01060.362.76$2,786
Mar 2021090861.302.72$2,467
Feb 2021073457.805.55$4,072
Jan 202101,03850.412.81$2,917
Dec 202001,03444.642.68$2,766
Nov 202001,18938.772.71$3,218
Oct 202001,31336.972.48$3,254
Sep 202001,30437.091.99$2,596
Aug 202001,23739.982.39$2,950
Jul 202001,38838.371.83$2,533
Jun 202001,26134.901.69$2,131
May 202001,34616.921.81$2,443
Apr 202001,12914.751.80$2,037
Mar 202001,19630.341.86$2,220
Feb 202001,23349.881.98$2,442
Jan 202001,27157.252.09$2,662
Dec 201901,19459.012.30$2,751
Nov 201901,11255.302.75$3,059
Oct 201901,08153.472.42$2,614
Sep 20191811,15955.052.66$13,044
Aug 201901,13253.112.30$2,609
Jul 201901,17256.272.46$2,883
Jun 2019092752.782.49$2,309
May 2019082058.482.74$2,247
Apr 2019095762.632.75$2,632
Mar 201901,05656.803.06$3,234
Feb 201901,07050.852.79$2,988
Jan 201901,16246.033.23$3,751
Dec 201801,20346.594.19$5,035
Nov 201801,00052.934.24$4,237
Oct 201801,15761.443.40$3,932
Sep 201801,28659.543.11$3,997
Aug 201801,31159.403.07$4,020
Jul 201801,37965.142.93$4,043
Jun 201801,35260.183.08$4,160
May 201801,50865.382.90$4,374
Apr 201801,42963.842.90$4,145
Mar 201801,31861.222.79$3,673
Feb 201801,44961.782.77$4,008
Jan 201801,27862.874.01$5,124
Dec 201701,14257.272.92$3,336
Nov 201701,09955.423.12$3,427
Oct 201701,36849.292.98$4,082
Sep 201701,18947.523.09$3,671
Aug 201701,47045.373.00$4,416
Jul 201701,42343.873.09$4,393
Jun 201701,21742.493.09$3,757
May 201701,21745.373.26$3,972
Apr 201701,42647.933.21$4,580
Mar 201701,48046.772.98$4,416
Feb 201701,41250.452.95$4,169
Jan 201701,23649.413.42$4,226
Dec 201601,69548.763.72$6,310
Nov 201601,49742.492.64$3,959
Oct 20161841,55246.193.09$13,295
Sep 201601,49841.553.10$4,645
Aug 201601,59541.442.92$4,664
Jul 201601,40241.622.92$4,100
Jun 201601,42645.352.69$3,830
May 201601,61042.521.99$3,206
Apr 201601,60136.561.99$3,188
Mar 201601,66433.011.79$2,985
Feb 201601,57726.472.06$3,254
Jan 201601,76927.352.36$4,183
Dec 201501,68732.362.00$3,376
Nov 201501,59238.792.17$3,450
Oct 201501,84343.552.43$4,472
Sep 201501,77442.992.76$4,893
Aug 201501,73440.162.87$4,981
Jul 201501,40048.152.95$4,123
Jun 201501,51856.152.88$4,376
May 201501,77955.212.96$5,258
Apr 201501,77849.822.71$4,812
Mar 201501,63842.892.93$4,807
Feb 201501,75544.662.98$5,223
Jan 201501,95443.433.10$6,059
Dec 201401,97554.693.59$7,093
Nov 201401,97870.464.25$8,410
Oct 201401,98878.303.90$7,755
Sep 201401,79586.164.05$7,262
Aug 201412,14289.394.04$8,733
Jul 201402,19596.564.18$9,174
Jun 201402,19998.164.74$10,416
May 20141832,26994.734.73$28,060
Apr 201401,96195.944.81$9,431
Mar 201401,59395.895.06$8,055
Feb 201401,87397.406.19$11,598
Jan 201402,22590.404.86$10,815
Dec 201302,29791.824.35$10,002
Nov 201302,27788.853.74$8,512
Oct 201302,32797.423.78$8,795
Sep 201302,406104.113.72$8,945
Aug 201301,646104.253.52$5,798
Jul 201301,960102.523.72$7,287
Jun 201302,04594.403.93$8,044
May 201302,37494.834.15$9,850
Apr 201302,38493.964.28$10,210
Mar 201302,47393.623.91$9,677
Feb 201302,40191.233.42$8,211
Jan 201302,57991.603.42$8,820
Dec 201212,74586.773.42$9,475
Nov 201202,78086.953.62$10,077
Oct 201202,55889.383.40$8,696
Sep 20121852,74894.672.92$25,534
Aug 201202,48992.662.91$7,238
Jul 201202,49085.133.02$7,522
Jun 201202,56379.822.52$6,456
May 201202,13291.612.49$5,305
Apr 201201,941101.652.00$3,876
Mar 201202,119105.052.22$4,709
Feb 201212,118101.102.57$5,545
Jan 201202,10998.092.73$5,766
Dec 201102,43596.873.24$7,889
Nov 201102,54995.723.31$8,440
Oct 201102,80084.983.65$10,216
Sep 201102,89383.623.99$11,531
Aug 201103,14983.404.15$13,066
Jul 201103,50194.144.52$15,815
Jun 201103,46292.904.64$16,063
May 201103,21298.134.40$14,148
Apr 20111933,266105.964.33$34,603
Mar 201103,61796.364.06$14,675
Feb 201103,16785.644.18$13,238
Jan 201103,67386.504.59$16,855
Dec 201003,58585.734.35$15,587
Nov 201003,54380.843.80$13,447
Oct 201003,79778.103.51$13,323
Sep 201003,84772.633.98$15,309
Aug 201003,76473.684.42$16,634
Jul 201003,99272.554.74$18,908
Jun 201003,92370.364.91$19,264
May 201024,08671.124.24$17,447
Apr 201024,09981.694.12$17,062
Mar 20101604,13878.394.39$30,703
Feb 201023,74873.585.44$20,545
Jan 201004,55774.365.96$27,178
Dec 200904,08171.445.48$22,379
Nov 200904,18074.593.75$15,681
Oct 200904,84772.544.11$19,922
Sep 200904,82165.543.06$14,775
Aug 200905,19067.423.22$16,704
Jul 200905,35261.133.46$18,542
Jun 200905,36166.163.90$20,881
May 200905,49154.743.93$21,556
Apr 200925,61846.773.59$20,248
Mar 20091966,11442.144.06$33,076
Feb 200905,66432.814.63$26,241
Jan 200916,42135.865.37$34,523
Dec 200806,48737.105.98$38,774
Nov 200816,81655.496.86$46,816
Oct 200807,31675.246.92$50,641
Sep 20081917,419101.767.88$77,876
Aug 200817,927114.228.48$67,359
Jul 200818,471131.0811.39$96,611
Jun 200817,755131.3313.03$101,199
May 200808,132123.1711.57$94,122
Apr 200818,237110.3110.45$86,227
Mar 200808,922101.909.66$86,223
Feb 20081818,42492.538.77$90,631
Jan 200809,67890.388.21$79,415
Dec 2007110,29788.337.30$75,277
Nov 200715710,79591.677.29$93,106
Oct 2007211,45782.856.92$79,471
Sep 2007112,25775.846.24$76,611
Aug 2007013,92869.066.39$88,971
Jul 2007015,29170.906.39$97,678
Jun 200717116,29862.007.55$133,627
May 200718615,81958.747.85$135,046
Apr 2007016,61859.617.81$129,707
Mar 200718319,92956.927.30$155,937
Feb 200718022,93955.108.22$198,385
Jan 200718536,53050.306.73$255,037
Dec 2006116,31856.656.92$112,952

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                  743 Mcf  × $  3.05 =     $2,263

────────────────────────────────────────────────────
Month total                                   $2,263

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/227900 is the state's own key, not one this site invented.