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 229214District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
228
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 Gas112007-09-14177018
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
CondensateDisposition2,227 bbl$174,455
GasProduction419,616 Mcf$2,262,739
Total$2,437,194

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 32.1810, -95.1480. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18105, -95.14796 · 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
11,964 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 11,964 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-423321741011,964 ftJun 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 (228)

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

228 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202604589.753.15$142
Feb 202603263.503.75$120
Jan 20260059.138.00$0
Dec 202502756.664.41$119
Nov 20250358.593.93$12
Oct 202505759.383.30$188
Sep 202501762.743.08$52
Aug 20250063.933.01$0
Jul 2025011366.743.32$375
Jun 20250866.483.13$25
May 202505560.553.23$178
Apr 2025011562.363.54$407
Mar 2025129367.704.27$1,318
Feb 202505570.884.34$239
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024031969.052.20$701
Oct 2024030471.372.28$694
Sep 2024139669.612.36$1,006
Aug 2024017075.632.06$351
Jul 202401279.932.15$26
Jun 202406178.082.63$161
May 202405878.812.20$128
Apr 202406284.451.66$103
Mar 2024248480.301.55$908
Feb 2024058776.091.78$1,047
Jan 2024068473.023.30$2,256
Dec 2023062571.262.61$1,632
Nov 2023039777.892.81$1,115
Oct 2023060285.443.09$1,859
Sep 2023069189.042.74$1,890
Aug 202307480.522.67$198
Jul 2023034374.852.64$906
Jun 2023052368.962.26$1,181
May 2023064770.622.23$1,441
Apr 2023071878.122.24$1,607
Mar 2023066272.852.39$1,584
Feb 2023151275.112.47$1,338
Jan 2023043076.533.39$1,457
Dec 2022025976.415.73$1,484
Nov 2022070685.005.65$3,986
Oct 2022071687.185.86$4,198
Sep 2022073084.888.16$5,959
Aug 2022092994.529.13$8,479
Jul 20221831101.587.54$6,369
Jun 20221645115.097.98$5,260
May 20220788109.378.43$6,645
Apr 20221637104.226.84$4,460
Mar 20220184108.885.08$934
Feb 2022013991.054.86$675
Jan 2022028581.844.54$1,293
Dec 2021044871.323.90$1,747
Nov 2021080477.435.24$4,210
Oct 2021164179.795.71$3,742
Sep 2021073469.865.35$3,928
Aug 2021175566.024.22$3,253
Jul 2021176170.783.98$3,101
Jun 2021172369.493.38$2,514
May 2021354,30763.483.02$15,219
Apr 202104,66860.362.76$12,876
Mar 202103,20661.302.72$8,711
Feb 20210057.805.55$0
Jan 202102950.412.81$82
Dec 2020082244.642.68$2,199
Nov 202005,73338.772.71$15,517
Oct 2020065036.972.48$1,611
Sep 202001037.091.99$20
Aug 202004939.982.39$117
Jul 202006638.371.83$120
Jun 202005934.901.69$100
May 2020036116.921.81$655
Apr 2020060014.751.80$1,083
Mar 2020065930.341.86$1,223
Feb 2020101,45349.881.98$3,377
Jan 2020099957.252.09$2,093
Dec 2019079059.012.30$1,820
Nov 2019025555.302.75$701
Oct 201916969753.472.42$10,722
Sep 2019071155.052.66$1,889
Aug 2019266453.112.30$1,636
Jul 2019047856.272.46$1,176
Jun 2019067052.782.49$1,669
May 2019066758.482.74$1,828
Apr 2019069062.632.75$1,898
Mar 2019293056.803.06$2,961
Feb 2019086150.852.79$2,404
Jan 2019097646.033.23$3,151
Dec 201801,07246.594.19$4,487
Nov 201801,14352.934.24$4,843
Oct 2018072561.443.40$2,464
Sep 2018076659.543.11$2,381
Aug 2018281459.403.07$2,615
Jul 2018084065.142.93$2,463
Jun 2018046460.183.08$1,428
May 2018087565.382.90$2,538
Apr 2018224163.842.90$827
Mar 201801,09061.222.79$3,038
Feb 2018090561.782.77$2,503
Jan 201803,40762.874.01$13,660
Dec 2017089557.272.92$2,615
Nov 2017093055.423.12$2,900
Oct 2017080649.292.98$2,405
Sep 201701,11947.523.09$3,455
Aug 2017274045.373.00$2,314
Jul 201701,19243.873.09$3,680
Jun 201701,08442.493.09$3,347
May 201701,14245.373.26$3,727
Apr 201721,02947.933.21$3,401
Mar 201701,00746.772.98$3,005
Feb 2017298550.452.95$3,009
Jan 201701,44349.413.42$4,933
Dec 201601,01548.763.72$3,779
Nov 201601,17942.492.64$3,118
Oct 201611,40446.193.09$4,385
Sep 201621,14141.553.10$3,621
Aug 201631,83041.442.92$5,476
Jul 201621,66141.622.92$4,941
Jun 201601,22845.352.69$3,298
May 201601,28942.521.99$2,566
Apr 20161581,05636.561.99$7,879
Mar 201601,18733.011.79$2,129
Feb 201621,31226.472.06$2,760
Jan 201601,33927.352.36$3,166
Dec 201521,27832.362.00$2,623
Nov 201501,16638.792.17$2,527
Oct 201501,28943.552.43$3,128
Sep 201501,06942.992.76$2,949
Aug 201531,24340.162.87$3,691
Jul 201501,36248.152.95$4,011
Jun 201521,40356.152.88$4,157
May 201501,15955.212.96$3,425
Apr 201521,48449.822.71$4,116
Mar 201501,54142.892.93$4,522
Feb 201501,45344.662.98$4,324
Jan 201501,59743.433.10$4,952
Dec 201401,55854.693.59$5,595
Nov 201401,63170.464.25$6,935
Oct 201401,73978.303.90$6,784
Sep 201401,68686.164.05$6,821
Aug 201421,68189.394.04$6,962
Jul 20141651,81096.564.18$23,497
Jun 201401,79698.164.74$8,507
May 201401,97194.734.73$9,316
Apr 201401,89095.944.81$9,089
Mar 201421,99995.895.06$10,300
Feb 201401,12297.406.19$6,947
Jan 201401,80990.404.86$8,793
Dec 201301,60191.824.35$6,972
Nov 201301,92488.853.74$7,192
Oct 201322,06397.423.78$7,992
Sep 201302,061104.113.72$7,662
Aug 201301,919104.253.52$6,760
Jul 201302,324102.523.72$8,640
Jun 201302,16594.403.93$8,516
May 20131812,20394.834.15$26,305
Apr 201302,15193.964.28$9,212
Mar 201307793.623.91$301
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120686.953.62$22
Oct 2012096589.383.40$3,281
Sep 201201,05794.672.92$3,085
Aug 201205892.662.91$169
Jul 2012011885.133.02$356
Jun 2012068879.822.52$1,733
May 201204391.612.49$107
Apr 20120123101.652.00$246
Mar 201201,029105.052.22$2,287
Feb 201202,001101.102.57$5,143
Jan 201202,25698.092.73$6,168
Dec 201101,29996.873.24$4,208
Nov 2011022895.723.31$755
Oct 201102,55584.983.65$9,322
Sep 201102,74083.623.99$10,921
Aug 201102,97883.404.15$12,357
Jul 20111642,98194.144.52$28,905
Jun 201102,71092.904.64$12,574
May 201102,32598.134.40$10,241
Apr 20110178105.964.33$771
Mar 2011110596.364.06$522
Feb 201107185.644.18$297
Jan 201104286.504.59$193
Dec 2010023685.734.35$1,026
Nov 2010029980.843.80$1,135
Oct 201001,82378.103.51$6,397
Sep 201002,08672.633.98$8,301
Aug 201002,86073.684.42$12,639
Jul 201002,51472.554.74$11,908
Jun 201002,51770.364.91$12,359
May 201012,91771.124.24$12,425
Apr 201013,22981.694.12$13,394
Mar 201013,37878.394.39$14,903
Feb 20101861,38973.585.44$21,245
Jan 201001,62174.365.96$9,668
Dec 200902,83371.445.48$15,535
Nov 200901,00574.593.75$3,770
Oct 200902,71672.544.11$11,163
Sep 200903,33165.543.06$10,209
Aug 200903,84267.423.22$12,365
Jul 200903,86261.133.46$13,380
Jun 200903,86966.163.90$15,070
May 200904,07254.743.93$15,986
Apr 200904,04046.773.59$14,494
Mar 20091904,50542.144.06$26,292
Feb 200904,51232.814.63$20,904
Jan 200914,58935.865.37$24,683
Dec 200804,99737.105.98$29,868
Nov 200815,15455.496.86$35,414
Oct 200815,65075.246.92$39,184
Sep 200805,998101.767.88$47,247
Aug 20081936,744114.228.48$79,254
Jul 200827,382131.0811.39$84,339
Jun 200825,433131.3313.03$71,069
May 200815,784123.1711.57$67,069
Apr 200816,014110.3110.45$62,986
Mar 20081776,738101.909.66$83,153
Feb 200816,88392.538.77$60,460
Jan 200808,05890.388.21$66,122
Dec 200719,39288.337.30$68,668
Nov 20071599,92591.677.29$86,946
Oct 2007512,20582.856.92$84,897
Sep 200719114,09175.846.24$102,472
Aug 2007118,41569.066.39$117,703
Jul 200717725,90070.906.39$177,997
Jun 2007010,71762.007.55$80,897

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   45 Mcf  × $  3.15 =       $142

────────────────────────────────────────────────────
Month total                                     $142

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/229214 is the state's own key, not one this site invented.