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 236968District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Apr 2008 – May 2026
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
218
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 Gas112008-08-14184914
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
CondensateDisposition4,869 bbl$390,856
GasProduction1,127,171 Mcf$5,247,546
Total$5,638,402

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 32.1378, -95.1317. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13781, -95.13168 · 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
12,517 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 12,517 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-423322261712,517 ftApr 2008

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 (218)

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

218 months

May 202601,615106.413.05$4,919
Apr 2026551,46098.932.87$9,631
Mar 202601,54189.753.15$4,853
Feb 202601,62063.503.75$6,076
Jan 202601,73559.138.00$13,876
Dec 202501,73456.664.41$7,653
Nov 202501,67758.593.93$6,585
Oct 202501,74959.383.30$5,780
Sep 202501,52762.743.08$4,698
Aug 202501,60063.933.01$4,824
Jul 202501,63166.743.32$5,407
Jun 202501,56466.483.13$4,893
May 202501,72760.553.23$5,582
Apr 2025531,91362.363.54$10,083
Mar 202522,46067.704.27$10,635
Feb 202522,37170.884.34$10,434
Jan 202502,48374.324.28$10,624
Dec 202402,58868.993.12$8,078
Nov 202402,45169.052.20$5,388
Oct 2024482,30171.372.28$8,675
Sep 202412,06569.612.36$4,952
Aug 202402,07675.632.06$4,284
Jul 202401,99379.932.15$4,278
Jun 202422,20878.082.63$5,972
May 202402,41778.812.20$5,314
Apr 202412,37584.451.66$4,025
Mar 202412,33080.301.55$3,680
Feb 2024442,33476.091.78$7,511
Jan 202402,32473.023.30$7,664
Dec 202312,45671.262.61$6,483
Nov 202302,59477.892.81$7,283
Oct 202301,13285.443.09$3,495
Sep 202302,17589.042.74$5,949
Aug 202302,49280.522.67$6,661
Jul 202301,57774.852.64$4,166
Jun 2023552,64168.962.26$9,757
May 202302,86870.622.23$6,388
Apr 202302,85678.122.24$6,391
Mar 202302,97572.852.39$7,120
Feb 202332,63975.112.47$6,732
Jan 202303,03976.533.39$10,295
Dec 202202,95776.415.73$16,941
Nov 202202,82585.005.65$15,951
Oct 202202,29387.185.86$13,446
Sep 202202,81684.888.16$22,989
Aug 202203,25094.529.13$29,663
Jul 202223,358101.587.54$25,529
Jun 202233,511115.097.98$28,353
May 202204,160109.378.43$35,081
Apr 202223,114104.226.84$21,501
Mar 202212,901108.885.08$14,836
Feb 202243,23291.054.86$16,068
Jan 202203,00581.844.54$13,636
Dec 202112,65671.323.90$10,427
Nov 202113,00577.435.24$15,814
Oct 202133,80779.795.71$21,992
Sep 202111,74969.865.35$9,429
Aug 202121,46166.024.22$6,298
Jul 202131,78470.783.98$7,316
Jun 202122,55969.493.38$8,790
May 2021683,24063.483.02$14,094
Apr 202103,23460.362.76$8,921
Mar 202102,88061.302.72$7,825
Feb 202103,13757.805.55$17,404
Jan 2021712,62650.412.81$10,959
Dec 202002,83244.642.68$7,577
Nov 202002,90638.772.71$7,865
Oct 202002,86336.972.48$7,096
Sep 202003,01037.091.99$5,993
Aug 202003,23639.982.39$7,718
Jul 202002,75038.371.83$5,019
Jun 202003,05234.901.69$5,159
May 202003,38016.921.81$6,134
Apr 202003,64914.751.80$6,584
Mar 2020612,02830.341.86$5,615
Feb 202001,60249.881.98$3,173
Jan 202003,62857.252.09$7,600
Dec 201904,11559.012.30$9,482
Nov 201902,92555.302.75$8,046
Oct 201903,01353.472.42$7,287
Sep 201903,44955.052.66$9,165
Aug 2019773,22753.112.30$11,526
Jul 201903,08956.272.46$7,599
Jun 201903,07652.782.49$7,663
May 201903,36158.482.74$9,210
Apr 2019782,91162.632.75$12,892
Mar 201903,26056.803.06$9,982
Feb 201902,86050.852.79$7,986
Jan 201902,98946.033.23$9,649
Dec 201803,20946.594.19$13,431
Nov 2018713,28552.934.24$17,677
Oct 201805,22761.443.40$17,762
Sep 201803,42059.543.11$10,629
Aug 201803,14859.403.07$9,654
Jul 201803,58765.142.93$10,517
Jun 201803,44160.183.08$10,588
May 201803,75065.382.90$10,878
Apr 2018653,51563.842.90$14,346
Mar 201803,52361.222.79$9,818
Feb 201806,02361.782.77$16,660
Jan 201803,18662.874.01$12,774
Dec 201703,39057.272.92$9,904
Nov 2017663,59455.423.12$14,865
Oct 201703,30349.292.98$9,855
Sep 201703,39447.523.09$10,478
Aug 201703,54845.373.00$10,660
Jul 201703,64843.873.09$11,262
Jun 201703,53642.493.09$10,917
May 201703,70445.373.26$12,088
Apr 2017673,68247.933.21$15,036
Mar 201703,76146.772.98$11,222
Feb 201703,53250.452.95$10,429
Jan 201703,16049.413.42$10,803
Dec 201603,91348.763.72$14,567
Nov 2016654,12842.492.64$13,678
Oct 201602,99746.193.09$9,262
Sep 201603,96041.553.10$12,278
Aug 201603,63441.442.92$10,627
Jul 201603,96441.622.92$11,592
Jun 2016643,90845.352.69$13,399
May 201604,05342.521.99$8,070
Apr 201603,99436.561.99$7,952
Mar 201604,08133.011.79$7,321
Feb 2016623,93126.472.06$9,753
Jan 201604,58327.352.36$10,836
Dec 201503,86732.362.00$7,739
Nov 201504,98238.792.17$10,798
Oct 201503,47143.552.43$8,423
Sep 201503,74442.992.76$10,328
Aug 201504,09940.162.87$11,774
Jul 2015555,10948.152.95$17,695
Jun 201503,66456.152.88$10,563
May 201503,43355.212.96$10,146
Apr 201504,87249.822.71$13,186
Mar 201503,83642.892.93$11,258
Feb 2015583,71444.662.98$13,644
Jan 201504,14043.433.10$12,837
Dec 201404,27854.693.59$15,364
Nov 201404,05670.464.25$17,245
Oct 2014534,44378.303.90$21,482
Sep 201404,59386.164.05$18,581
Aug 201404,38889.394.04$17,706
Jul 201404,28496.564.18$17,905
Jun 201404,77698.164.74$22,623
May 2014744,39594.734.73$27,783
Apr 201404,61195.944.81$22,175
Mar 201414,67995.895.06$23,757
Feb 201404,35897.406.19$26,985
Jan 201404,88690.404.86$23,749
Dec 2013795,19891.824.35$29,888
Nov 201304,68588.853.74$17,514
Oct 201315,10797.423.78$19,399
Sep 201305,021104.113.72$18,667
Aug 2013605,377104.253.52$25,196
Jul 201305,579102.523.72$20,741
Jun 201305,34494.403.93$21,020
May 201305,54394.834.15$22,998
Apr 2013785,28493.964.28$29,958
Mar 201305,59493.623.91$21,889
Feb 201305,08491.233.42$17,387
Jan 201305,61791.603.42$19,210
Dec 20121345,71786.773.42$31,180
Nov 201205,67486.953.62$20,568
Oct 201206,34189.383.40$21,557
Sep 201206,22694.672.92$18,170
Aug 2012915,39992.662.91$24,133
Jul 201205,60985.133.02$16,944
Jun 201206,13679.822.52$15,457
May 201205,89691.612.49$14,671
Apr 201206,183101.652.00$12,346
Mar 2012596,016105.052.22$19,566
Feb 201206,450101.102.57$16,578
Jan 201205,72998.092.73$15,664
Dec 201106,31196.873.24$20,446
Nov 2011586,44395.723.31$26,886
Oct 201106,60784.983.65$24,106
Sep 201106,52683.623.99$26,011
Aug 2011577,12883.404.15$34,330
Jul 201107,41194.144.52$33,477
Jun 201107,19392.904.64$33,375
May 201107,25598.134.40$31,957
Apr 2011727,247105.964.33$39,032
Mar 201107,78796.364.06$31,595
Feb 201107,06985.644.18$29,548
Jan 2011627,98286.504.59$41,991
Dec 201008,24885.734.35$35,860
Nov 201008,16780.843.80$30,996
Oct 2010688,63978.103.51$35,624
Sep 201008,55872.633.98$34,056
Aug 201009,16973.684.42$40,521
Jul 2010769,66372.554.74$51,283
Jun 201009,89370.364.91$48,579
May 2010010,17271.124.24$43,081
Apr 2010988,86181.694.12$44,537
Mar 201018,58178.394.39$37,738
Feb 2010798,89573.585.44$54,223
Jan 201009,78074.365.96$58,329
Dec 200910310,32671.445.48$63,984
Nov 2009010,29274.593.75$38,610
Oct 200910610,95772.544.11$52,725
Sep 2009010,95765.543.06$33,580
Aug 200914911,66867.423.22$47,599
Jul 2009012,29461.133.46$42,593
Jun 200913012,15566.163.90$55,945
May 200910713,37054.743.93$58,344
Apr 2009013,79046.773.59$49,472
Mar 200910314,81542.144.06$64,475
Feb 200911511,62032.814.63$57,609
Jan 200910714,01035.865.37$79,085
Dec 20089912,28937.105.98$77,126
Nov 200810215,37255.496.86$111,117
Oct 200810617,30875.246.92$127,781
Sep 200810818,839101.767.88$159,387
Aug 200822623,381114.228.48$224,155
Jul 200812426,548131.0811.39$318,621
Jun 200826131,746131.3313.03$448,011
May 20083494,271123.1711.57$92,420
Apr 200815235,295110.3110.45$385,771

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                1,615 Mcf  × $  3.05 =     $4,919

────────────────────────────────────────────────────
Month total                                   $4,919

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/236968 is the state's own key, not one this site invented.