ODOM, JR 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 230087District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
May 2007 – Nov 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
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 Gas112007-11-19178899
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
CondensateDisposition2,570 bbl$193,918
GasProduction933,616 Mcf$4,763,372
Total$4,957,290

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 32.1415, -95.1371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14147, -95.13708 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,355 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
1100.0%
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.
00.0%

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 12,355 ft.

Completions filed
Nov 2024
1 of 1 wells

1 well

42-423321791512,355 ftNov 2024Yes

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 (211)

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

211 months

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 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220291.054.86$10
Jan 202201,71681.844.54$7,787
Dec 202111,11371.323.90$4,411
Nov 202111,39177.435.24$7,362
Oct 202131,79279.795.71$10,479
Sep 202111,93469.865.35$10,419
Aug 202121,96566.024.22$8,426
Jul 202131,99570.783.98$8,157
Jun 202121,81269.493.38$6,265
May 2021662,21463.483.02$10,871
Apr 202102,40160.362.76$6,623
Mar 202101,59661.302.72$4,336
Feb 2021097357.805.55$5,398
Jan 202102,47450.412.81$6,953
Dec 202002,16344.642.68$5,787
Nov 202002,05838.772.71$5,570
Oct 202002,30036.972.48$5,700
Sep 202001,11437.091.99$2,218
Aug 202001,80139.982.39$4,296
Jul 202001,73938.371.83$3,174
Jun 202001,63434.901.69$2,762
May 2020932,00816.921.81$5,218
Apr 202001,31514.751.80$2,373
Mar 202001,83630.341.86$3,408
Feb 202001,73049.881.98$3,427
Jan 202001,47457.252.09$3,088
Dec 201902,45559.012.30$5,657
Nov 201902,34855.302.75$6,459
Oct 201902,48353.472.42$6,005
Sep 201901,75355.052.66$4,658
Aug 201902,34853.112.30$5,411
Jul 201902,24756.272.46$5,528
Jun 201901,91252.782.49$4,763
May 201901,69558.482.74$4,645
Apr 2019872,23762.632.75$11,602
Mar 201912,25656.803.06$6,965
Feb 201901,81250.852.79$5,060
Jan 201901,97446.033.23$6,372
Dec 201802,42246.594.19$10,137
Nov 201802,49652.934.24$10,576
Oct 201802,56761.443.40$8,723
Sep 201802,22859.543.11$6,925
Aug 201812,44559.403.07$7,557
Jul 201802,60465.142.93$7,635
Jun 201802,50560.183.08$7,708
May 2018851,75165.382.90$10,637
Apr 201812,58963.842.90$7,574
Mar 201802,72161.222.79$7,583
Feb 201801,97561.782.77$5,463
Jan 201802,54562.874.01$10,204
Dec 201702,29957.272.92$6,717
Nov 201702,43655.423.12$7,596
Oct 201702,79749.292.98$8,345
Sep 201702,57347.523.09$7,944
Aug 20171072,74145.373.00$13,090
Jul 201702,61343.873.09$8,067
Jun 201702,63042.493.09$8,120
May 201702,86945.373.26$9,363
Apr 201722,79347.933.21$9,066
Mar 201702,90846.772.98$8,677
Feb 201722,51350.452.95$7,521
Jan 201702,88149.413.42$9,850
Dec 201602,63448.763.72$9,806
Nov 201612,84942.492.64$7,576
Oct 201602,91746.193.09$9,014
Sep 201602,82741.553.10$8,765
Aug 201602,81341.442.92$8,226
Jul 2016743,02041.622.92$11,911
Jun 201603,00845.352.69$8,079
May 201613,03342.521.99$6,081
Apr 201602,99036.561.99$5,953
Mar 201603,14133.011.79$5,635
Feb 201602,97526.472.06$6,139
Jan 201603,31227.352.36$7,831
Dec 201503,21132.362.00$6,427
Nov 201503,19138.792.17$6,916
Oct 2015513,08443.552.43$9,705
Sep 201503,10142.992.76$8,554
Aug 201503,26540.162.87$9,379
Jul 201503,25748.152.95$9,592
Jun 201503,23156.152.88$9,315
May 201503,16155.212.96$9,342
Apr 201503,12949.822.71$8,469
Mar 201503,38642.892.93$9,937
Feb 2015643,18944.662.98$12,349
Jan 201503,75943.433.10$11,655
Dec 201403,34554.693.59$12,013
Nov 201403,33870.464.25$14,193
Oct 201403,73078.303.90$14,551
Sep 201403,58786.164.05$14,511
Aug 201403,57589.394.04$14,426
Jul 201403,68796.564.18$15,410
Jun 201403,99598.164.74$18,924
May 201403,21394.734.73$15,186
Apr 2014933,97395.944.81$28,029
Mar 201414,01295.895.06$20,384
Feb 201403,96297.406.19$24,533
Jan 201403,25790.404.86$15,831
Dec 201303,66491.824.35$15,955
Nov 201303,66688.853.74$13,705
Oct 201303,94797.423.78$14,917
Sep 201304,134104.113.72$15,369
Aug 201304,190104.253.52$14,760
Jul 201304,080102.523.72$15,168
Jun 2013844,09594.403.93$24,037
May 201304,09294.834.15$16,978
Apr 201303,93993.964.28$16,869
Mar 201314,35693.623.91$17,138
Feb 201303,97491.233.42$13,591
Jan 201304,37991.603.42$14,976
Dec 201214,49786.773.42$15,467
Nov 201204,58086.953.62$16,602
Oct 2012874,27189.383.40$22,296
Sep 201204,53494.672.92$13,232
Aug 201204,36292.662.91$12,685
Jul 201204,57685.133.02$13,823
Jun 201204,50879.822.52$11,356
May 201205,09491.612.49$12,676
Apr 201204,811101.652.00$9,607
Mar 201204,832105.052.22$10,737
Feb 2012844,794101.102.57$20,814
Jan 201205,16598.092.73$14,122
Dec 201105,44196.873.24$17,627
Nov 201105,52695.723.31$18,298
Oct 201103,98284.983.65$14,528
Sep 201105,16083.623.99$20,567
Aug 201105,43883.404.15$22,564
Jul 201105,50894.144.52$24,881
Jun 2011765,04292.904.64$30,455
May 201105,37598.134.40$23,676
Apr 201105,537105.964.33$23,993
Mar 201105,85696.364.06$23,760
Feb 201105,24285.644.18$21,911
Jan 201105,98286.504.59$27,450
Dec 2010746,12885.734.35$32,987
Nov 201005,91180.843.80$22,434
Oct 201006,27778.103.51$22,025
Sep 201006,08572.633.98$24,215
Aug 201006,48673.684.42$28,664
Jul 201006,50772.554.74$30,820
Jun 2010406,76870.364.91$36,048
May 201006,38671.124.24$27,046
Apr 201006,72081.694.12$27,704
Mar 201007,17178.394.39$31,471
Feb 201006,59073.585.44$35,865
Jan 2010227,37974.365.96$45,645
Dec 200907,67871.445.48$42,104
Nov 200907,60374.593.75$28,523
Oct 200908,00772.544.11$32,911
Sep 2009188,02165.543.06$25,762
Aug 200908,36767.423.22$26,929
Jul 200908,81561.133.46$30,540
Jun 200909,02966.163.90$35,168
May 200909,44954.743.93$37,094
Apr 20092810,27346.773.59$38,164
Mar 200909,34642.144.06$37,935
Feb 2009537,75532.814.63$37,668
Jan 200908,78235.865.37$47,168
Dec 200809,15437.105.98$54,715
Nov 200808,07555.496.86$55,397
Oct 20084411,36075.246.92$81,944
Sep 2008010,109101.767.88$79,630
Aug 2008011,083114.228.48$94,017
Jul 20085911,221131.0811.39$135,535
Jun 2008011,968131.3313.03$155,975
May 20081053,289123.1711.57$51,001
Apr 2008014,676110.3110.45$153,436
Mar 20081053,340101.909.66$42,977
Feb 200810617,11792.538.77$159,934
Jan 2008013,00490.388.21$106,707
Dec 20079714,57088.337.30$114,958
Nov 20079616,62391.677.29$130,010
Oct 20079019,85082.856.92$144,858
Sep 20078520,98275.846.24$137,461
Aug 20079327,68869.066.39$183,292
Jul 200717738,64770.906.39$259,424
Jun 200720256,75862.007.55$440,959
May 2007014,81258.747.85$116,219

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.

Feb 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.05 =         $0
Gas                    2 Mcf  × $  4.86 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/230087 is the state's own key, not one this site invented.