MINDEN GAS UNIT NO. 2

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the HENDERSON, E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 228052District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$776 k
Jan 2007 – May 2026
Value, last 12 filed months
$720
at the published price for each month
Months reported
233
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 328 leases and 328 wells, and the rule below applies to all of them.

Discovered
1980-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-08-06.

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 Gas112007-07-25175078
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
CondensateDisposition450 bbl$50,216
GasProduction125,001 Mcf$725,647
Total$775,863

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 32.0601, -94.8662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06010, -94.86620 · 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
12,350 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 12,350 ft.

Completions filed
Apr 2012
1 of 1 wells

1 well

42-40134026112,350 ftApr 2012

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 (233)

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

233 months

May 202608106.413.05$24
Apr 20260098.932.87$0
Mar 20260889.753.15$25
Feb 20260063.503.75$0
Jan 202606359.138.00$504
Dec 20250056.664.41$0
Nov 20250258.593.93$8
Oct 20250459.383.30$13
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202501166.743.32$36
Jun 202503566.483.13$110
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202501867.704.27$77
Feb 20250070.884.34$0
Jan 202501274.324.28$51
Dec 20240068.993.12$0
Nov 202402269.052.20$48
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240179.932.15$2
Jun 202401878.082.63$47
May 20240078.812.20$0
Apr 202403184.451.66$51
Mar 202404180.301.55$63
Feb 202401776.091.78$30
Jan 202402173.023.30$69
Dec 20230471.262.61$10
Nov 20230577.892.81$14
Oct 202301885.443.09$56
Sep 202301489.042.74$38
Aug 202301780.522.67$45
Jul 202302074.852.64$53
Jun 202302368.962.26$52
May 202303770.622.23$82
Apr 20230078.122.24$0
Mar 20230272.852.39$5
Feb 20230175.112.47$2
Jan 20230476.533.39$14
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220387.185.86$18
Sep 202202584.888.16$204
Aug 20220094.529.13$0
Jul 202202101.587.54$15
Jun 2022038115.097.98$303
May 20220147109.378.43$1,240
Apr 2022027104.226.84$185
Mar 2022040108.885.08$203
Feb 2022028391.054.86$1,375
Jan 202203481.844.54$154
Dec 202103171.323.90$121
Nov 202103977.435.24$204
Oct 20210279.795.71$11
Sep 202101769.865.35$91
Aug 202103366.024.22$139
Jul 202104970.783.98$195
Jun 202105069.493.38$169
May 202105563.483.02$166
Apr 202105960.362.76$163
Mar 202103861.302.72$103
Feb 202105657.805.55$311
Jan 202107550.412.81$211
Dec 202008144.642.68$217
Nov 202005838.772.71$157
Oct 202006036.972.48$149
Sep 202005837.091.99$115
Aug 202006539.982.39$155
Jul 202006038.371.83$110
Jun 202008534.901.69$144
May 202009016.921.81$163
Apr 202007614.751.80$137
Mar 202009030.341.86$167
Feb 202007749.881.98$153
Jan 202008457.252.09$176
Dec 201909159.012.30$210
Nov 201906755.302.75$184
Oct 201906053.472.42$145
Sep 201905555.052.66$146
Aug 201906153.112.30$141
Jul 201906156.272.46$150
Jun 201905552.782.49$137
May 201908658.482.74$236
Apr 201906262.632.75$171
Mar 201907256.803.06$220
Feb 201906550.852.79$181
Jan 201905546.033.23$178
Dec 201805946.594.19$247
Nov 201805052.934.24$212
Oct 201805661.443.40$190
Sep 201805859.543.11$180
Aug 201806259.403.07$190
Jul 201807165.142.93$208
Jun 201806060.183.08$185
May 201805965.382.90$171
Apr 201805763.842.90$165
Mar 201807761.222.79$215
Feb 201805861.782.77$160
Jan 201805862.874.01$233
Dec 2017017857.272.92$520
Nov 2017019155.423.12$596
Oct 201707849.292.98$233
Sep 201705847.523.09$179
Aug 201707845.373.00$234
Jul 201706643.873.09$204
Jun 201708842.493.09$272
May 201708445.373.26$274
Apr 201707547.933.21$241
Mar 201707146.772.98$212
Feb 201708050.452.95$236
Jan 201704749.413.42$161
Dec 2016011748.763.72$436
Nov 201607242.492.64$190
Oct 201609546.193.09$294
Sep 201609441.553.10$291
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201501340.162.87$37
Jul 20150048.152.95$0
Jun 201501456.152.88$40
May 201501655.212.96$47
Apr 201505949.822.71$160
Mar 20150842.892.93$23
Feb 20150044.662.98$0
Jan 20150743.433.10$22
Dec 20141154.693.59$58
Nov 20140070.464.25$0
Oct 20140878.303.90$31
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201401094.734.73$47
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130488.853.74$15
Oct 2013161897.423.78$1,627
Sep 201300104.113.72$0
Aug 20130721104.253.52$2,540
Jul 20131181102.523.72$775
Jun 201351994.403.93$547
May 201313594.834.15$240
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201201389.383.40$44
Sep 2012012694.672.92$368
Aug 20120092.662.91$0
Jul 20121185.133.02$88
Jun 20120079.822.52$0
May 201203191.612.49$77
Apr 201200101.652.00$0
Mar 20121608105.052.22$16,826
Feb 20123756101.102.57$2,246
Jan 2012097998.092.73$2,677
Dec 2011070696.873.24$2,287
Nov 2011149995.723.31$1,748
Oct 2011081584.983.65$2,974
Sep 201101,65683.623.99$6,600
Aug 201171,66383.404.15$7,484
Jul 201161,94294.144.52$9,337
Jun 201121,05992.904.64$5,099
May 201101,14798.134.40$5,052
Apr 201111,579105.964.33$6,948
Mar 201101,46496.364.06$5,940
Feb 201131,55185.644.18$6,740
Jan 201182,46786.504.59$12,013
Dec 201051,68385.734.35$7,746
Nov 201001,95580.843.80$7,420
Oct 201021,76878.103.51$6,360
Sep 201071,96072.633.98$8,308
Aug 201022,06273.684.42$9,260
Jul 201001,96572.554.74$9,307
Jun 201002,03070.364.91$9,968
May 201002,05371.124.24$8,695
Apr 201022,10881.694.12$8,854
Mar 201042,03678.394.39$9,249
Feb 201011,83473.585.44$10,055
Jan 201002,01074.365.96$11,988
Dec 200912,26071.445.48$12,465
Nov 200932,06374.593.75$7,963
Oct 200911,99972.544.11$8,289
Sep 200911,99965.543.06$6,192
Aug 200902,16967.423.22$6,981
Jul 200902,41161.133.46$8,353
Jun 200902,18466.163.90$8,507
May 200911,92954.743.93$7,628
Apr 200911,41746.773.59$5,130
Mar 200901,56142.144.06$6,336
Feb 2009092732.814.63$4,295
Jan 200921,77035.865.37$9,578
Dec 200811,75537.105.98$10,527
Nov 200802,03355.496.86$13,947
Oct 200802,19975.246.92$15,221
Sep 200801,016101.767.88$8,003
Aug 200802,283114.228.48$19,367
Jul 20081862,010131.0811.39$47,274
Jun 200801,533131.3313.03$19,979
May 200842,063123.1711.57$24,370
Apr 200812,529110.3110.45$26,551
Mar 200802,004101.909.66$19,367
Feb 200892,68592.538.77$24,382
Jan 200802,20390.388.21$18,077
Dec 200704,29188.337.30$31,333
Nov 200705,07991.677.29$37,035
Oct 200706,67282.856.92$46,183
Sep 200703,55075.846.24$22,167
Aug 2007015169.066.39$965
Jul 200701,06670.906.39$6,810
Jun 200701,55162.007.55$11,708
May 2007010258.747.85$800
Apr 200704,42959.617.81$34,569
Mar 2007090556.927.30$6,608
Feb 2007087455.108.22$7,181
Jan 2007085850.306.73$5,772

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                    8 Mcf  × $  3.05 =        $24

────────────────────────────────────────────────────
Month total                                      $24

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/228052 is the state's own key, not one this site invented.