FREEMAN, J. B.

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

Gas lease lease 233478District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Aug 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112008-04-14182026
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
CondensateDisposition1,206 bbl$101,775
GasProduction1,170,067 Mcf$6,094,793
Total$6,196,568

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 32.3425, -94.6590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.34250, -94.65902 · 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
10,850 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 10,850 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-40134218310,850 ftAug 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 (226)

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

226 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024078875.632.06$1,626
Jul 202401,16479.932.15$2,499
Jun 202401,05278.082.63$2,771
May 202401,20778.812.20$2,654
Apr 2024061884.451.66$1,025
Mar 202401,34580.301.55$2,078
Feb 202401,41776.091.78$2,527
Jan 202401,28973.023.30$4,251
Dec 202301,13471.262.61$2,961
Nov 202301,28577.892.81$3,608
Oct 202301,76285.443.09$5,440
Sep 2023050789.042.74$1,387
Aug 202301,35780.522.67$3,627
Jul 202301,39274.852.64$3,677
Jun 202301,47268.962.26$3,324
May 202301,25670.622.23$2,798
Apr 202301,35078.122.24$3,021
Mar 202301,57672.852.39$3,772
Feb 202301,27675.112.47$3,146
Jan 202301,11576.533.39$3,777
Dec 202201,20176.415.73$6,881
Nov 202201,15085.005.65$6,493
Oct 202231,32687.185.86$8,037
Sep 202221,36084.888.16$11,272
Aug 202201,48894.529.13$13,581
Jul 202201,389101.587.54$10,476
Jun 202201,429115.097.98$11,399
May 202201,623109.378.43$13,687
Apr 202201,672104.226.84$11,432
Mar 202201,844108.885.08$9,361
Feb 202201,60591.054.86$7,798
Jan 202201,69281.844.54$7,678
Dec 202101,93171.323.90$7,529
Nov 202101,99177.435.24$10,427
Oct 202102,05879.795.71$11,759
Sep 202101,96669.865.35$10,520
Aug 202102,12166.024.22$8,952
Jul 202102,10570.783.98$8,382
Jun 202101,93869.493.38$6,552
May 202102,09663.483.02$6,325
Apr 202102,06160.362.76$5,685
Mar 202102,33561.302.72$6,344
Feb 202102,36857.805.55$13,138
Jan 202102,66950.412.81$7,501
Dec 202003,10144.642.68$8,297
Nov 202003,00538.772.71$8,133
Oct 202003,23736.972.48$8,023
Sep 202003,23137.091.99$6,433
Aug 202003,11939.982.39$7,439
Jul 202003,13138.371.83$5,714
Jun 202012,99534.901.69$5,097
May 202002,90916.921.81$5,279
Apr 202002,98514.751.80$5,386
Mar 202003,14530.341.86$5,838
Feb 202002,84349.881.98$5,631
Jan 202003,11757.252.09$6,529
Dec 201903,14459.012.30$7,245
Nov 201902,93455.302.75$8,071
Oct 201903,28853.472.42$7,952
Sep 201903,19355.052.66$8,485
Aug 201903,05453.112.30$7,038
Jul 201902,99256.272.46$7,361
Jun 201902,76052.782.49$6,876
May 201902,90658.482.74$7,963
Apr 201902,69962.632.75$7,424
Mar 201902,96556.803.06$9,079
Feb 201902,46750.852.79$6,888
Jan 201902,59646.033.23$8,380
Dec 201802,00946.594.19$8,409
Nov 201802,00052.934.24$8,474
Oct 201802,10661.443.40$7,156
Sep 201801,94259.543.11$6,036
Aug 201802,22259.403.07$6,814
Jul 201801,36465.142.93$3,999
Jun 201801,23360.183.08$3,794
May 201801,36765.382.90$3,965
Apr 201801,51763.842.90$4,401
Mar 201802,02061.222.79$5,629
Feb 201802,08661.782.77$5,770
Jan 201801,92562.874.01$7,718
Dec 201702,34557.272.92$6,851
Nov 201701,27755.423.12$3,982
Oct 201701,27449.292.98$3,801
Sep 201701,98547.523.09$6,128
Aug 201702,83645.373.00$8,520
Jul 201702,69743.873.09$8,326
Jun 201703,39942.493.09$10,494
May 201703,29045.373.26$10,737
Apr 201703,89547.933.21$12,509
Mar 201704,20746.772.98$12,552
Feb 201702,75450.452.95$8,131
Jan 201703,69449.413.42$12,629
Dec 201604,25648.763.72$15,844
Nov 201604,45342.492.64$11,775
Oct 201604,41246.193.09$13,634
Sep 201604,21141.553.10$13,057
Aug 201604,54141.442.92$13,279
Jul 201604,35841.622.92$12,744
Jun 201603,36345.352.69$9,032
May 201603,89042.521.99$7,745
Apr 201602,33336.561.99$4,645
Mar 201603,94633.011.79$7,079
Feb 201603,87926.472.06$8,005
Jan 201603,49827.352.36$8,271
Dec 201503,58432.362.00$7,173
Nov 201503,26038.792.17$7,066
Oct 201504,38343.552.43$10,636
Sep 2015614,07842.992.76$13,871
Aug 201503,66540.162.87$10,528
Jul 201523,27348.152.95$9,736
Jun 201503,29556.152.88$9,499
May 201503,50855.212.96$10,368
Apr 201504,38249.822.71$11,860
Mar 201504,40642.892.93$12,930
Feb 201504,33544.662.98$12,902
Jan 201504,31143.433.10$13,367
Dec 201404,17254.693.59$14,983
Nov 201404,14470.464.25$17,620
Oct 201403,96878.303.90$15,479
Sep 20141363,48786.164.05$25,824
Aug 201404,12989.394.04$16,661
Jul 201404,08296.564.18$17,061
Jun 201403,59798.164.74$17,039
May 201404,59494.734.73$21,714
Apr 201403,70495.944.81$17,813
Mar 201404,56295.895.06$23,069
Feb 201404,31197.406.19$26,694
Jan 201404,58990.404.86$22,306
Dec 201304,70491.824.35$20,483
Nov 201324,70888.853.74$17,778
Oct 201305,19897.423.78$19,645
Sep 201305,242104.113.72$19,488
Aug 201305,298104.253.52$18,663
Jul 201305,178102.523.72$19,250
Jun 201305,30494.403.93$20,863
May 201315,62794.834.15$23,442
Apr 201305,35793.964.28$22,942
Mar 20131475,55093.623.91$35,479
Feb 201304,82291.233.42$16,491
Jan 201305,08391.603.42$17,383
Dec 201215,80686.773.42$19,944
Nov 201205,88686.953.62$21,337
Oct 201205,78089.383.40$19,650
Sep 201205,58794.672.92$16,305
Aug 201216,34592.662.91$18,545
Jul 201206,50185.133.02$19,638
Jun 201215,27679.822.52$13,370
May 201205,56291.612.49$13,840
Apr 201215,234101.652.00$10,553
Mar 201214,072105.052.22$9,153
Feb 201213,906101.102.57$10,140
Jan 201226,15398.092.73$17,019
Dec 20111303,89396.873.24$25,205
Nov 201106,42595.723.31$21,275
Oct 201106,23284.983.65$22,738
Sep 201113,30383.623.99$13,249
Aug 201106,93983.404.15$28,792
Jul 201126,42594.144.52$29,212
Jun 201116,58892.904.64$30,660
May 201107,45898.134.40$32,851
Apr 2011297,335105.964.33$34,857
Mar 201117,49496.364.06$30,502
Feb 201106,57185.644.18$27,467
Jan 201106,95186.504.59$31,897
Dec 201008,47985.734.35$36,865
Nov 201008,29680.843.80$31,486
Oct 201007,25478.103.51$25,453
Sep 201008,29172.633.98$32,994
Aug 201008,46873.684.42$37,423
Jul 201018,78072.554.74$41,659
Jun 201038,57170.364.91$42,298
May 201008,67671.124.24$36,745
Apr 201038,89981.694.12$36,933
Mar 201039,31978.394.39$41,133
Feb 201018,53473.585.44$46,519
Jan 2010010,17974.365.96$60,708
Dec 200909,08371.445.48$49,809
Nov 2009010,12474.593.75$37,980
Oct 2009010,25072.544.11$42,130
Sep 2009010,35165.543.06$31,723
Aug 2009010,79967.423.22$34,757
Jul 2009010,97961.133.46$38,037
Jun 2009010,92566.163.90$42,553
May 200914111,27054.743.93$51,962
Apr 2009011,86046.773.59$42,548
Mar 2009012,56042.144.06$50,981
Feb 2009011,08432.814.63$51,352
Jan 2009013,34435.865.37$71,671
Dec 2008012,52437.105.98$74,858
Nov 200816412,43155.496.86$94,382
Oct 2008113,05175.246.92$90,414
Sep 2008012,439101.767.88$97,983
Aug 2008015,653114.228.48$132,785
Jul 2008015,031131.0811.39$171,195
Jun 200814317,081131.3313.03$241,391
May 2008032,891123.1711.57$380,690
Apr 2008019,775110.3110.45$206,745
Mar 2008022,424101.909.66$216,707
Feb 2008022,84092.538.77$200,320
Jan 200810426,58490.388.21$227,541
Dec 2007028,43388.337.30$207,617
Nov 20076030,58691.677.29$228,524
Oct 20075330,92782.856.92$218,467
Sep 2007134,83675.846.24$217,597
Aug 2007144,39469.066.39$283,655

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.

Aug 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.63 =         $0
Gas                  788 Mcf  × $  2.06 =     $1,626

────────────────────────────────────────────────────
Month total                                   $1,626

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/233478 is the state's own key, not one this site invented.