WALDROP, MEW 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 233871District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Aug 2007 – May 2026
Value, last 12 filed months
$76 k
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 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 Gas112008-04-14182088
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
CondensateDisposition7,779 bbl$613,628
GasProduction1,141,262 Mcf$5,737,760
Total$6,351,388

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 32.1587, -95.1268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15874, -95.12679 · 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
12,378 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 12,378 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-423321891412,378 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 202601,450106.413.05$4,416
Apr 202601,37798.932.87$3,952
Mar 202601,42789.753.15$4,494
Feb 202601,29663.503.75$4,860
Jan 202601,44259.138.00$11,533
Dec 202501,45356.664.41$6,413
Nov 2025821,46958.593.93$10,572
Oct 202501,60959.383.30$5,317
Sep 202501,54462.743.08$4,751
Aug 202501,49763.933.01$4,513
Jul 202501,47266.743.32$4,880
Jun 2025791,71266.483.13$10,608
May 2025095460.553.23$3,084
Apr 2025095962.363.54$3,398
Mar 202511,50167.704.27$6,474
Feb 202511,49770.884.34$6,569
Jan 202501,82874.324.28$7,821
Dec 202401,58068.993.12$4,932
Nov 2024741,71369.052.20$8,876
Oct 202401,87671.372.28$4,280
Sep 202411,78069.612.36$4,278
Aug 202401,86575.632.06$3,849
Jul 202401,81279.932.15$3,890
Jun 202421,92778.082.63$5,232
May 202402,12678.812.20$4,674
Apr 202412,10384.451.66$3,574
Mar 2024841,97780.301.55$9,800
Feb 202401,99876.091.78$3,564
Jan 202402,02373.023.30$6,671
Dec 202312,00271.262.61$5,298
Nov 202301,83077.892.81$5,138
Oct 2023791,75085.443.09$12,153
Sep 202301,69889.042.74$4,644
Aug 202301,64780.522.67$4,402
Jul 202301,86874.852.64$4,935
Jun 202301,70968.962.26$3,860
May 202301,92170.622.23$4,279
Apr 202301,81078.122.24$4,050
Mar 202301,87972.852.39$4,497
Feb 202321,64475.112.47$4,204
Jan 202301,85176.533.39$6,271
Dec 202201,74476.415.73$9,992
Nov 202201,77985.005.65$10,045
Oct 202201,87087.185.86$10,965
Sep 202201,80084.888.16$14,695
Aug 202201,85294.529.13$16,904
Jul 202211,774101.587.54$13,481
Jun 202211,611115.097.98$12,966
May 202201,806109.378.43$15,230
Apr 202221,784104.226.84$12,407
Mar 202211,777108.885.08$9,130
Feb 202221,68191.054.86$8,350
Jan 202201,80081.844.54$8,168
Dec 202111,72971.323.90$6,813
Nov 202111,60777.435.24$8,493
Oct 202121,74379.795.71$10,119
Sep 202111,76469.865.35$9,509
Aug 202121,62066.024.22$6,969
Jul 202131,70470.783.98$6,998
Jun 2021691,64669.493.38$10,359
May 202101,65463.483.02$4,991
Apr 202101,61560.362.76$4,455
Mar 202101,92561.302.72$5,230
Feb 2021901,32157.805.55$12,531
Jan 202101,77150.412.81$4,977
Dec 202001,84144.642.68$4,926
Nov 202001,79138.772.71$4,847
Oct 202001,72536.972.48$4,275
Sep 202001,86837.091.99$3,719
Aug 202002,16639.982.39$5,166
Jul 202001,05338.371.83$1,922
Jun 202001,19334.901.69$2,017
May 202001,05316.921.81$1,911
Apr 202001,18814.751.80$2,144
Mar 202002,08730.341.86$3,874
Feb 202002,10549.881.98$4,169
Jan 202002,26057.252.09$4,734
Dec 201902,25359.012.30$5,192
Nov 2019791,25355.302.75$7,815
Oct 201902,20353.472.42$5,328
Sep 201902,20955.052.66$5,870
Aug 201902,19353.112.30$5,053
Jul 201902,51556.272.46$6,187
Jun 201902,32252.782.49$5,785
May 201902,55358.482.74$6,996
Apr 201902,42362.632.75$6,665
Mar 201902,59256.803.06$7,937
Feb 201902,38450.852.79$6,657
Jan 2019612,49046.033.23$10,846
Dec 201802,39146.594.19$10,007
Nov 201802,46152.934.24$10,428
Oct 201802,45061.443.40$8,325
Sep 201802,64159.543.11$8,208
Aug 201802,62459.403.07$8,047
Jul 201802,76765.142.93$8,113
Jun 201802,70860.183.08$8,332
May 2018892,75565.382.90$13,811
Apr 201802,70863.842.90$7,855
Mar 201802,74561.222.79$7,650
Feb 201802,33661.782.77$6,462
Jan 201802,75662.874.01$11,050
Dec 2017942,76557.272.92$13,461
Nov 201702,66255.423.12$8,301
Oct 201702,82049.292.98$8,414
Sep 201702,56247.523.09$7,910
Aug 2017812,93945.373.00$12,505
Jul 201702,87343.873.09$8,870
Jun 201702,85042.493.09$8,799
May 201702,90845.373.26$9,490
Apr 201702,92247.933.21$9,384
Mar 2017793,05346.772.98$12,804
Feb 201702,66250.452.95$7,860
Jan 201703,27249.413.42$11,186
Dec 201602,98348.763.72$11,105
Nov 2016763,01442.492.64$11,199
Oct 201603,16046.193.09$9,765
Sep 201603,11141.553.10$9,646
Aug 201603,28641.442.92$9,609
Jul 201603,31041.622.92$9,680
Jun 2016733,19045.352.69$11,878
May 201603,24242.521.99$6,455
Apr 201603,20136.561.99$6,373
Mar 201603,32433.011.79$5,963
Feb 201603,20026.472.06$6,604
Jan 2016723,59927.352.36$10,479
Dec 201503,43732.362.00$6,879
Nov 201503,35538.792.17$7,271
Oct 201503,54943.552.43$8,612
Sep 2015673,38342.992.76$12,212
Aug 201503,53540.162.87$10,154
Jul 201503,60748.152.95$10,623
Jun 201503,45456.152.88$9,957
May 2015733,23855.212.96$13,600
Apr 201503,66249.822.71$9,911
Mar 201503,75442.892.93$11,017
Feb 2015813,49444.662.98$14,016
Jan 201503,92243.433.10$12,161
Dec 201404,02354.693.59$14,448
Nov 201403,96870.464.25$16,871
Oct 2014884,28578.303.90$23,606
Sep 201404,15086.164.05$16,789
Aug 201404,43189.394.04$17,880
Jul 20141004,29596.564.18$27,607
Jun 201403,31298.164.74$15,689
May 201404,08094.734.73$19,284
Apr 2014984,52095.944.81$31,139
Mar 201404,16095.895.06$21,036
Feb 201403,92797.406.19$24,316
Jan 2014924,50990.404.86$30,234
Dec 201304,60791.824.35$20,061
Nov 201304,48088.853.74$16,747
Oct 2013804,68897.423.78$25,511
Sep 201304,485104.113.72$16,674
Aug 201304,822104.253.52$16,986
Jul 2013794,782102.523.72$25,877
Jun 201304,30194.403.93$16,918
May 201304,49994.834.15$18,667
Apr 201304,53893.964.28$19,434
Mar 201304,82993.623.91$18,895
Feb 20131254,53791.233.42$26,920
Jan 201304,96191.603.42$16,966
Dec 201214,94586.773.42$16,999
Nov 201204,98986.953.62$18,085
Oct 2012955,12389.383.40$25,908
Sep 201204,98494.672.92$14,545
Aug 2012985,34592.662.91$24,625
Jul 201205,46485.133.02$16,506
Jun 201205,34179.822.52$13,454
May 20121035,94191.612.49$24,219
Apr 201205,566101.652.00$11,114
Mar 201205,765105.052.22$12,810
Feb 201205,507101.102.57$14,154
Jan 20121015,93898.092.73$26,142
Dec 201106,15696.873.24$19,944
Nov 2011995,79095.723.31$28,649
Oct 201105,98084.983.65$21,818
Sep 201105,48783.623.99$21,870
Aug 2011896,32883.404.15$33,680
Jul 201106,72394.144.52$30,369
Jun 20111066,33892.904.64$39,255
May 201106,81798.134.40$30,028
Apr 20111127,125105.964.33$42,742
Mar 201106,30796.364.06$25,590
Feb 201106,58985.644.18$27,542
Jan 20111017,49286.504.59$43,116
Dec 201007,61085.734.35$33,086
Nov 201007,61880.843.80$28,913
Oct 2010937,92378.103.51$35,064
Sep 201007,83872.633.98$31,191
Aug 2010968,30173.684.42$43,758
Jul 201008,65872.554.74$41,009
Jun 2010658,75570.364.91$47,564
May 201009,35671.124.24$39,625
Apr 2010979,70681.694.12$47,939
Mar 2010010,64578.394.39$46,717
Feb 20101018,00773.585.44$51,009
Jan 201008,06274.365.96$48,082
Dec 2009968,47471.445.48$53,328
Nov 200908,83874.593.75$33,156
Oct 2009928,98672.544.11$43,608
Sep 2009759,34565.543.06$33,556
Aug 200909,56267.423.22$30,775
Jul 20098810,45761.133.46$41,608
Jun 200910610,11666.163.90$46,415
May 2009010,61754.743.93$41,680
Apr 200910410,50546.773.59$42,551
Mar 200911511,29242.144.06$50,680
Feb 200911010,41032.814.63$51,839
Jan 200911011,88235.865.37$67,763
Dec 200810812,38237.105.98$78,016
Nov 2008012,47555.496.86$85,583
Oct 200810413,65475.246.92$102,338
Sep 200821912,874101.767.88$123,695
Aug 200810413,115114.228.48$123,134
Jul 200812613,788131.0811.39$173,554
Jun 200812314,590131.3313.03$206,300
May 200810613,923123.1711.57$174,205
Apr 200811515,466110.3110.45$174,381
Mar 200822217,248101.909.66$189,308
Feb 200811016,48392.538.77$154,744
Jan 200823419,96090.388.21$184,935
Dec 200734223,61588.337.30$202,645
Nov 200711027,79391.677.29$212,742
Oct 200739035,15682.856.92$275,661
Sep 200754745,23475.846.24$323,933
Aug 200739658,70169.066.39$402,326

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                1,450 Mcf  × $  3.05 =     $4,416

────────────────────────────────────────────────────
Month total                                   $4,416

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/233871 is the state's own key, not one this site invented.