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 230260District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
May 2007 – May 2026
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
229
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 Gas112007-12-20179573
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
CondensateDisposition3,605 bbl$260,805
GasProduction954,551 Mcf$5,250,773
Total$5,511,578

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 32.1428, -95.1397. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14282, -95.13974 · 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
12,457 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 12,457 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-42332180712,457 ftMay 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 (229)

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

229 months

May 202601,349106.413.05$4,109
Apr 2026101,60698.932.87$5,598
Mar 202601,14089.753.15$3,590
Feb 202601,70063.503.75$6,376
Jan 202681,90059.138.00$15,669
Dec 202501,91056.664.41$8,430
Nov 202571,63958.593.93$6,846
Oct 202501,57259.383.30$5,195
Sep 202591,76262.743.08$5,986
Aug 202501,77863.933.01$5,360
Jul 202571,96666.743.32$6,985
Jun 202501,49966.483.13$4,690
May 202591,48660.553.23$5,348
Apr 202501,50862.363.54$5,343
Mar 202521,66667.704.27$7,246
Feb 202561,47770.884.34$6,837
Jan 202521,65074.324.28$7,208
Dec 202411,49768.993.12$4,742
Nov 202419091569.052.20$15,131
Oct 202401,08471.372.28$2,473
Sep 2024198769.612.36$2,403
Aug 2024184275.632.06$1,813
Jul 2024086079.932.15$1,846
Jun 202421,00578.082.63$2,803
May 202401,33478.812.20$2,933
Apr 202421,16484.451.66$2,100
Mar 202411,19580.301.55$1,927
Feb 202401,47776.091.78$2,634
Jan 202401,67673.023.30$5,527
Dec 202311,72971.262.61$4,585
Nov 202301,65577.892.81$4,647
Oct 202311,76785.443.09$5,541
Sep 202301,72189.042.74$4,707
Aug 202301,53280.522.67$4,095
Jul 202301,77274.852.64$4,681
Jun 202301,72868.962.26$3,903
May 202301,79670.622.23$4,000
Apr 202301,76178.122.24$3,941
Mar 202301,81672.852.39$4,346
Feb 202321,58775.112.47$4,063
Jan 202301,79676.533.39$6,084
Dec 202201,70976.415.73$9,791
Nov 202201,59485.005.65$9,000
Oct 202201,24787.185.86$7,312
Sep 202201,39384.888.16$11,372
Aug 202201,52894.529.13$13,946
Jul 202211,438101.587.54$10,947
Jun 202211,408115.097.98$11,347
May 202201,570109.378.43$13,240
Apr 202221,587104.226.84$11,060
Mar 202211,705108.885.08$8,764
Feb 202221,70891.054.86$8,481
Jan 202201,84781.844.54$8,381
Dec 202111,72771.323.90$6,805
Nov 202111,68277.435.24$8,886
Oct 202121,73879.795.71$10,090
Sep 202111,67469.865.35$9,027
Aug 202121,68566.024.22$7,244
Jul 202131,64070.783.98$6,743
Jun 202111,44769.493.38$4,961
May 2021721,73963.483.02$9,818
Apr 202101,71060.362.76$4,717
Mar 202101,75061.302.72$4,755
Feb 202101,69057.805.55$9,376
Jan 202101,86050.412.81$5,227
Dec 202001,76944.642.68$4,733
Nov 202001,61738.772.71$4,377
Oct 202001,69136.972.48$4,191
Sep 202001,64737.091.99$3,279
Aug 202001,79439.982.39$4,279
Jul 202001,25338.371.83$2,287
Jun 202001,50234.901.69$2,539
May 2020851,77316.921.81$4,656
Apr 202001,68014.751.80$3,031
Mar 202001,94030.341.86$3,601
Feb 202001,84949.881.98$3,662
Jan 202002,21357.252.09$4,636
Dec 201902,21359.012.30$5,100
Nov 201902,09955.302.75$5,774
Oct 201902,16453.472.42$5,234
Sep 201902,08555.052.66$5,540
Aug 201902,12953.112.30$4,906
Jul 201902,03656.272.46$5,009
Jun 201901,97152.782.49$4,910
May 201902,06258.482.74$5,651
Apr 2019901,99662.632.75$11,127
Mar 201912,04556.803.06$6,319
Feb 201901,87950.852.79$5,247
Jan 201902,20246.033.23$7,108
Dec 201802,23246.594.19$9,342
Nov 201802,12052.934.24$8,983
Oct 201802,12161.443.40$7,207
Sep 201802,26659.543.11$7,043
Aug 201812,09359.403.07$6,478
Jul 201801,90965.142.93$5,597
Jun 201801,53460.183.08$4,720
May 2018882,29265.382.90$12,402
Apr 201802,18763.842.90$6,344
Mar 201802,30261.222.79$6,415
Feb 201802,04061.782.77$5,643
Jan 201802,27462.874.01$9,117
Dec 201702,23057.272.92$6,515
Nov 201702,17955.423.12$6,795
Oct 201702,26349.292.98$6,752
Sep 201702,03447.523.09$6,280
Aug 2017821,76645.373.00$9,026
Jul 201702,34943.873.09$7,252
Jun 201702,12442.493.09$6,557
May 201702,36645.373.26$7,721
Apr 201702,33347.933.21$7,493
Mar 201702,36646.772.98$7,059
Feb 201702,18650.452.95$6,454
Jan 201702,43049.413.42$8,308
Dec 201602,51848.763.72$9,374
Nov 201602,27042.492.64$6,003
Oct 201602,10746.193.09$6,511
Sep 201602,48541.553.10$7,705
Aug 201602,42941.442.92$7,103
Jul 2016972,65341.622.92$11,795
Jun 201602,56945.352.69$6,900
May 201612,52742.521.99$5,074
Apr 201602,44736.561.99$4,872
Mar 201602,69233.011.79$4,829
Feb 201612,49626.472.06$5,177
Jan 201602,92127.352.36$6,906
Dec 201522,87932.362.00$5,827
Nov 201502,58338.792.17$5,598
Oct 20151022,93443.552.43$11,562
Sep 201502,86942.992.76$7,914
Aug 201512,82540.162.87$8,155
Jul 201502,98548.152.95$8,791
Jun 201523,05556.152.88$8,919
May 201502,62955.212.96$7,770
Apr 201512,83549.822.71$7,723
Mar 201503,16042.892.93$9,274
Feb 20151132,63644.662.98$12,892
Jan 201502,98943.433.10$9,268
Dec 201403,32754.693.59$11,948
Nov 201403,30170.464.25$14,035
Oct 201403,62278.303.90$14,129
Sep 201403,57586.164.05$14,462
Aug 201423,87189.394.04$15,799
Jul 201403,82396.564.18$15,979
Jun 201404,21698.164.74$19,971
May 201403,79294.734.73$17,923
Apr 20141011,91995.944.81$18,919
Mar 201412,53695.895.06$12,920
Feb 201402,23997.406.19$13,864
Jan 201402,48490.404.86$12,074
Dec 201302,51291.824.35$10,938
Nov 201302,42988.853.74$9,080
Oct 201302,46797.423.78$9,324
Sep 201302,342104.113.72$8,707
Aug 201302,695104.253.52$9,493
Jul 201302,768102.523.72$10,291
Jun 2013872,69994.403.93$18,829
May 201302,93794.834.15$12,186
Apr 201302,87693.964.28$12,317
Mar 201312,96393.623.91$11,687
Feb 201302,76491.233.42$9,453
Jan 201303,00991.603.42$10,291
Dec 201213,02486.773.42$10,429
Nov 201202,80986.953.62$10,183
Oct 20121042,83489.383.40$18,930
Sep 201203,18094.672.92$9,281
Aug 201203,27792.662.91$9,530
Jul 201203,18285.133.02$9,612
Jun 201203,23579.822.52$8,149
May 201203,49791.612.49$8,702
Apr 201203,110101.652.00$6,210
Mar 201203,323105.052.22$7,384
Feb 2012833,547101.102.57$17,508
Jan 201203,10198.092.73$8,478
Dec 201102,45396.873.24$7,947
Nov 201103,95695.723.31$13,099
Oct 201103,82884.983.65$13,967
Sep 201103,45783.623.99$13,779
Aug 201104,31583.404.15$17,904
Jul 201104,26394.144.52$19,257
Jun 2011954,14992.904.64$28,076
May 201104,74798.134.40$20,910
Apr 201104,849105.964.33$21,012
Mar 201104,78296.364.06$19,402
Feb 201104,49085.644.18$18,768
Jan 201104,42986.504.59$20,324
Dec 2010865,12185.734.35$29,638
Nov 201005,02080.843.80$19,053
Oct 201005,37278.103.51$18,850
Sep 201005,23672.633.98$20,837
Aug 201005,37773.684.42$23,763
Jul 201005,66872.554.74$26,846
Jun 20101395,58570.364.91$37,205
May 201005,90071.124.24$24,988
Apr 201005,74681.694.12$23,689
Mar 201006,14278.394.39$26,955
Feb 201005,70373.585.44$31,038
Jan 20101566,04274.365.96$47,635
Dec 200906,22871.445.48$34,153
Nov 200906,63074.593.75$24,872
Oct 200907,02672.544.11$28,879
Sep 20091756,86965.543.06$32,521
Aug 200907,35467.423.22$23,669
Jul 200907,88961.133.46$27,331
Jun 200908,00966.163.90$31,195
May 200908,31654.743.93$32,647
Apr 20091448,79846.773.59$38,298
Mar 200909,93942.144.06$40,342
Feb 20091317,36732.814.63$38,429
Jan 200904,95135.865.37$26,592
Dec 200806,01937.105.98$35,976
Nov 200808,93355.496.86$61,284
Oct 200810810,47675.246.92$80,641
Sep 200805,931101.767.88$46,719
Aug 200809,794114.228.48$83,083
Jul 200812310,208131.0811.39$132,386
Jun 200809,988131.3313.03$130,170
May 200810549,158123.1711.57$581,902
Apr 2008012,435110.3110.45$130,006
Mar 20085733,256101.909.66$327,197
Feb 20087313,23092.538.77$122,789
Jan 2008011,85290.388.21$97,254
Dec 20078512,94888.337.30$102,054
Nov 20077614,69091.677.29$114,082
Oct 20078217,02182.856.92$124,613
Sep 20078119,22275.846.24$126,168
Aug 20079125,74569.066.39$170,742
Jul 200719036,11870.906.39$244,191
Jun 200720956,03062.007.55$435,898
May 2007012,72858.747.85$99,867

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                1,349 Mcf  × $  3.05 =     $4,109

────────────────────────────────────────────────────
Month total                                   $4,109

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/230260 is the state's own key, not one this site invented.