GILLIAM UNIT

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 234421District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Apr 2007 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
230
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 Gas112009-05-18191732
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
CondensateDisposition732 bbl$55,780
GasProduction1,126,322 Mcf$5,837,706
Total$5,893,486

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 32.3263, -94.6414. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32633, -94.64142 · 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
10,600 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 10,600 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-40133751410,600 ftApr 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 (230)

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

230 months

May 202601,192106.413.05$3,631
Apr 202601,13598.932.87$3,257
Mar 202601,21289.753.15$3,817
Feb 2026097863.503.75$3,668
Jan 202601,16859.138.00$9,342
Dec 2025099356.664.41$4,382
Nov 202501,06158.593.93$4,166
Oct 202501,12359.383.30$3,711
Sep 2025099162.743.08$3,049
Aug 202501,08963.933.01$3,283
Jul 202501,27166.743.32$4,214
Jun 2025351,21066.483.13$6,113
May 202501,06860.553.23$3,452
Apr 202501,12662.363.54$3,990
Mar 202501,14367.704.27$4,879
Feb 202501,12770.884.34$4,892
Jan 202501,38274.324.28$5,913
Dec 202401,13168.993.12$3,530
Nov 202401,21369.052.20$2,667
Oct 202401,15171.372.28$2,626
Sep 202401,20969.612.36$2,859
Aug 2024083975.632.06$1,731
Jul 202401,30179.932.15$2,793
Jun 202401,20578.082.63$3,174
May 202401,66178.812.20$3,652
Apr 2024043984.451.66$728
Mar 202401,49780.301.55$2,313
Feb 202401,55776.091.78$2,777
Jan 202401,83473.023.30$6,048
Dec 202301,92271.262.61$5,018
Nov 202301,72877.892.81$4,851
Oct 202301,65585.443.09$5,109
Sep 2023065089.042.74$1,778
Aug 202301,15980.522.67$3,098
Jul 202301,89974.852.64$5,017
Jun 202301,29368.962.26$2,920
May 202301,79670.622.23$4,000
Apr 202391,68378.122.24$4,469
Mar 202301,77072.852.39$4,236
Feb 202301,56275.112.47$3,851
Jan 202301,76776.533.39$5,986
Dec 202201,95076.415.73$11,172
Nov 202201,85385.005.65$10,462
Oct 202201,85087.185.86$10,848
Sep 202201,39884.888.16$11,413
Aug 202201,53994.529.13$14,047
Jul 202202,077101.587.54$15,665
Jun 202201,777115.097.98$14,175
May 202201,844109.378.43$15,551
Apr 202202,038104.226.84$13,935
Mar 202202,123108.885.08$10,777
Feb 202202,39991.054.86$11,656
Jan 202202,02481.844.54$9,184
Dec 202102,61671.323.90$10,200
Nov 202102,53077.435.24$13,249
Oct 2021362,79979.795.71$18,866
Sep 202102,60269.865.35$13,923
Aug 202101,94966.024.22$8,226
Jul 202102,32570.783.98$9,258
Jun 202102,34469.493.38$7,924
May 202102,56763.483.02$7,746
Apr 202102,60460.362.76$7,183
Mar 202102,66761.302.72$7,246
Feb 202102,40857.805.55$13,359
Jan 202102,28050.412.81$6,407
Dec 202001,91744.642.68$5,129
Nov 202001,66738.772.71$4,512
Oct 202001,77736.972.48$4,404
Sep 202002,18437.091.99$4,348
Aug 202002,67239.982.39$6,373
Jul 202002,20738.371.83$4,028
Jun 202002,60734.901.69$4,407
May 202002,75816.921.81$5,005
Apr 202002,69414.751.80$4,861
Mar 202002,40830.341.86$4,470
Feb 202001,44449.881.98$2,860
Jan 202001,72257.252.09$3,607
Dec 201901,73259.012.30$3,991
Nov 201901,72855.302.75$4,753
Oct 201902,16053.472.42$5,224
Sep 201901,95955.052.66$5,206
Aug 201902,06153.112.30$4,749
Jul 201902,37456.272.46$5,840
Jun 201902,29252.782.49$5,710
May 201902,61458.482.74$7,163
Apr 201902,83362.632.75$7,793
Mar 201902,77756.803.06$8,503
Feb 201902,77350.852.79$7,743
Jan 201902,57146.033.23$8,300
Dec 201803,04046.594.19$12,724
Nov 201802,95152.934.24$12,504
Oct 201801,92161.443.40$6,528
Sep 201801,74159.543.11$5,411
Aug 201801,88059.403.07$5,765
Jul 201801,89465.142.93$5,553
Jun 201801,94460.183.08$5,982
May 201801,93065.382.90$5,599
Apr 201802,01063.842.90$5,831
Mar 2018492,14061.222.79$8,964
Feb 201801,97961.782.77$5,474
Jan 201802,31162.874.01$9,266
Dec 201702,69057.272.92$7,859
Nov 201702,20055.423.12$6,860
Oct 201702,20649.292.98$6,582
Sep 201702,08347.523.09$6,431
Aug 201702,01845.373.00$6,063
Jul 201701,82443.873.09$5,631
Jun 201702,37542.493.09$7,332
May 201701,44945.373.26$4,729
Apr 201702,03247.933.21$6,526
Mar 201702,24346.772.98$6,692
Feb 201702,12650.452.95$6,277
Jan 201702,52749.413.42$8,639
Dec 201602,51348.763.72$9,355
Nov 201603,03242.492.64$8,018
Oct 201603,43946.193.09$10,627
Sep 201602,52741.553.10$7,835
Aug 201602,62241.442.92$7,668
Jul 201602,35441.622.92$6,884
Jun 201603,27445.352.69$8,793
May 201602,98942.521.99$5,951
Apr 201603,39736.561.99$6,764
Mar 201603,13733.011.79$5,628
Feb 201603,06926.472.06$6,333
Jan 201603,28027.352.36$7,755
Dec 201503,49832.362.00$7,001
Nov 201503,60138.792.17$7,805
Oct 201504,22643.552.43$10,255
Sep 201503,73042.992.76$10,289
Aug 201503,24240.162.87$9,313
Jul 201503,17048.152.95$9,336
Jun 201503,89856.152.88$11,237
May 201503,64955.212.96$10,784
Apr 201503,85149.822.71$10,423
Mar 201503,07742.892.93$9,030
Feb 201503,26444.662.98$9,714
Jan 2015493,80843.433.10$13,935
Dec 201403,81554.693.59$13,701
Nov 201404,00370.464.25$17,020
Oct 201404,11578.303.90$16,052
Sep 201404,12086.164.05$16,667
Aug 201404,05789.394.04$16,370
Jul 201404,26396.564.18$17,818
Jun 201404,14298.164.74$19,620
May 201404,59794.734.73$21,728
Apr 201404,10195.944.81$19,722
Mar 201404,09895.895.06$20,723
Feb 201403,85797.406.19$23,883
Jan 201404,30290.404.86$20,911
Dec 201304,67891.824.35$20,370
Nov 201304,90788.853.74$18,344
Oct 201304,96597.423.78$18,765
Sep 201304,611104.113.72$17,143
Aug 201304,839104.253.52$17,046
Jul 2013525,412102.523.72$25,451
Jun 201305,21094.403.93$20,493
May 201305,27394.834.15$21,878
Apr 201305,13193.964.28$21,974
Mar 201303,90993.623.91$15,295
Feb 201304,55391.233.42$15,571
Jan 201304,76091.603.42$16,279
Dec 201205,15186.773.42$17,617
Nov 201204,85886.953.62$17,610
Oct 201205,05889.383.40$17,196
Sep 201205,06594.672.92$14,782
Aug 201205,52292.662.91$16,059
Jul 201205,49385.133.02$16,593
Jun 201205,54579.822.52$13,968
May 201205,57891.612.49$13,880
Apr 201205,328101.652.00$10,639
Mar 201205,360105.052.22$11,910
Feb 201205,437101.102.57$13,974
Jan 201205,88998.092.73$16,101
Dec 201106,27296.873.24$20,320
Nov 2011486,04395.723.31$24,605
Oct 201106,56984.983.65$23,967
Sep 201106,33483.623.99$25,246
Aug 201106,33183.404.15$26,269
Jul 201106,02594.144.52$27,216
Jun 201106,06592.904.64$28,141
May 201105,90198.134.40$25,993
Apr 201115,405105.964.33$23,527
Mar 201105,77496.364.06$23,427
Feb 201114,12985.644.18$17,345
Jan 2011643,28386.504.59$20,601
Dec 201006,60285.734.35$28,704
Nov 201006,49880.843.80$24,662
Oct 201005,76278.103.51$20,218
Sep 201005,86572.633.98$23,340
Aug 201006,30173.684.42$27,846
Jul 201006,28872.554.74$29,783
Jun 201017,15270.364.91$35,190
May 2010568,07871.124.24$38,195
Apr 201027,54381.694.12$31,261
Mar 201068,02778.394.39$35,698
Feb 201007,43673.585.44$40,469
Jan 201007,87974.365.96$46,991
Dec 200908,82271.445.48$48,378
Nov 200908,86774.593.75$33,265
Oct 200909,81972.544.11$40,359
Sep 200907,10365.543.06$21,769
Aug 2009817,14567.423.22$28,457
Jul 200909,76561.133.46$33,831
Jun 200909,82466.163.90$38,264
May 2009010,62954.743.93$41,727
Apr 2009011,34546.773.59$40,700
Mar 2009012,18642.144.06$49,463
Feb 2009011,05932.814.63$51,236
Jan 200913012,76735.865.37$73,233
Dec 2008012,63237.105.98$75,503
Nov 2008013,42155.496.86$92,073
Oct 2008013,99975.246.92$96,901
Sep 2008013,321101.767.88$104,931
Aug 2008013,242114.228.48$112,332
Jul 200810212,756131.0811.39$158,654
Jun 2008013,620131.3313.03$177,504
May 2008014,821123.1711.57$171,543
Apr 2008013,317110.3110.45$139,227
Mar 2008014,625101.909.66$141,337
Feb 2008014,40192.538.77$126,305
Jan 2008018,20790.388.21$149,402
Dec 2007019,56488.337.30$142,856
Nov 20071021,05691.677.29$154,451
Oct 2007023,62482.856.92$163,525
Sep 2007026,40675.846.24$164,883
Aug 2007020,30669.066.39$129,714
Jul 2007027,42670.906.39$175,196
Jun 2007030,19162.007.55$227,895
May 2007045,45258.747.85$356,629
Apr 2007011,19559.617.81$87,379

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                1,192 Mcf  × $  3.05 =     $3,631

────────────────────────────────────────────────────
Month total                                   $3,631

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/234421 is the state's own key, not one this site invented.