MCKNIGHT, WILL GAS UNIT #1

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

Gas lease lease 243870District 06Field 783305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Oct 2008 – May 2026
Value, last 12 filed months
$189 k
at the published price for each month
Months reported
212
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 188 leases and 188 wells, and the rule below applies to all of them.

Discovered
1975-11-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1999-07-27.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112009-06-15192063
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
CondensateDisposition5,816 bbl$387,199
GasProduction1,173,229 Mcf$4,321,850
Total$4,709,049

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 32.7467, -95.0536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74665, -95.05363 · 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
10,630 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 10,630 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-45931402710,630 ftOct 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 (212)

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

212 months

May 2026606,542106.413.05$26,310
Apr 202605,60598.932.87$16,085
Mar 202605,37589.753.15$16,928
Feb 202602,60463.503.75$9,766
Jan 202602,27859.138.00$18,219
Dec 202502,52456.664.41$11,139
Nov 2025632,34258.593.93$12,887
Oct 202502,65259.383.30$8,764
Sep 202504,88762.743.08$15,037
Aug 202505,01563.933.01$15,119
Jul 202515,98366.743.32$19,902
Jun 202506,12866.483.13$19,173
May 202514,93460.553.23$16,009
Apr 202504,67462.363.54$16,561
Mar 202504,98567.704.27$21,278
Feb 202504,46170.884.34$19,364
Jan 202504,34874.324.28$18,604
Dec 202405,23268.993.12$16,331
Nov 202404,81469.052.20$10,583
Oct 202404,72771.372.28$10,784
Sep 2024663,98369.612.36$14,012
Aug 202404,31475.632.06$8,903
Jul 202404,85579.932.15$10,422
Jun 202414,95278.082.63$13,122
May 202404,46078.812.20$9,805
Apr 202404,05484.451.66$6,726
Mar 202405,72580.301.55$8,846
Feb 20241204,51276.091.78$17,179
Jan 202404,57273.023.30$15,077
Dec 202304,42471.262.61$11,550
Nov 202304,36977.892.81$12,266
Oct 202303,13385.443.09$9,672
Sep 202305,14189.042.74$14,061
Aug 202305,11680.522.67$13,674
Jul 2023995,33974.852.64$21,515
Jun 202304,94268.962.26$11,161
May 202304,60270.622.23$10,250
Apr 202303,89178.122.24$8,707
Mar 202304,37072.852.39$10,458
Feb 202303,52375.112.47$8,687
Jan 20231152,83576.533.39$18,405
Dec 202202,94776.415.73$16,884
Nov 202202,61285.005.65$14,748
Oct 202203,67187.185.86$21,526
Sep 202204,09184.888.16$33,398
Aug 202203,92094.529.13$35,778
Jul 202203,698101.587.54$27,891
Jun 202202,345115.097.98$18,707
May 202202,187109.378.43$18,443
Apr 20221202,242104.226.84$27,836
Mar 202202,374108.885.08$12,051
Feb 202202,20791.054.86$10,723
Jan 202202,67581.844.54$12,138
Dec 202102,59171.323.90$10,103
Nov 20211262,43577.435.24$22,508
Oct 202102,56179.795.71$14,633
Sep 202102,43869.865.35$13,046
Aug 202102,90666.024.22$12,265
Jul 202102,74570.783.98$10,931
Jun 202102,57869.493.38$8,715
May 202102,87163.483.02$8,664
Apr 202102,75460.362.76$7,597
Mar 20211202,85361.302.72$15,107
Feb 202102,57657.805.55$14,292
Jan 202102,95050.412.81$8,290
Dec 202002,95044.642.68$7,893
Nov 202002,72938.772.71$7,386
Oct 202002,91936.972.48$7,235
Sep 202002,70937.091.99$5,394
Aug 202002,98439.982.39$7,117
Jul 202003,02238.371.83$5,516
Jun 202003,61034.901.69$6,102
May 202003,02216.921.81$5,484
Apr 20201153,61514.751.80$8,219
Mar 202003,60130.341.86$6,684
Feb 202003,47049.881.98$6,873
Jan 202003,47957.252.09$7,288
Dec 201903,71559.012.30$8,561
Nov 201903,29755.302.75$9,069
Oct 201903,59253.472.42$8,687
Sep 20191162,63655.052.66$13,390
Aug 201903,01553.112.30$6,948
Jul 201902,59956.272.46$6,394
Jun 201902,41252.782.49$6,009
May 201903,20058.482.74$8,769
Apr 201902,72162.632.75$7,485
Mar 201903,12356.803.06$9,563
Feb 201902,31350.852.79$6,458
Jan 201902,73546.033.23$8,829
Dec 20181232,36946.594.19$15,646
Nov 201802,63652.934.24$11,169
Oct 201803,14561.443.40$10,687
Sep 201802,85959.543.11$8,886
Aug 201803,27259.403.07$10,034
Jul 201802,42965.142.93$7,122
Jun 201802,39760.183.08$7,375
May 20181222,20865.382.90$14,381
Apr 201802,53863.842.90$7,362
Mar 201802,47161.222.79$6,886
Feb 201802,15561.782.77$5,961
Jan 20181152,29462.874.01$16,427
Dec 201702,87857.272.92$8,408
Nov 201702,77455.423.12$8,650
Oct 201702,76349.292.98$8,244
Sep 201702,74047.523.09$8,459
Aug 201703,03145.373.00$9,106
Jul 20171103,02943.873.09$14,177
Jun 201702,76642.493.09$8,539
May 201703,11345.373.26$10,159
Apr 201703,30547.933.21$10,614
Mar 20171133,57046.772.98$15,937
Feb 201703,04950.452.95$9,002
Jan 201705,37349.413.42$18,369
Dec 201606,14948.763.72$22,892
Nov 201605,80442.492.64$15,348
Oct 201605,77146.193.09$17,834
Sep 20161166,64041.553.10$25,408
Aug 201606,01541.442.92$17,590
Jul 201604,80141.622.92$14,040
Jun 201605,27445.352.69$14,165
May 20161265,61942.521.99$16,545
Apr 201616,06736.561.99$12,116
Mar 201606,50833.011.79$11,675
Feb 20161186,06126.472.06$15,631
Jan 201604,61227.352.36$10,904
Dec 201505,87432.362.00$11,756
Nov 201505,75538.792.17$12,473
Oct 201505,46643.552.43$13,264
Sep 201506,21642.992.76$17,146
Aug 201506,51340.162.87$18,709
Jul 201506,62948.152.95$19,523
Jun 201506,35756.152.88$18,326
May 201506,85855.212.96$20,268
Apr 201506,81249.822.71$18,437
Mar 201506,48442.892.93$19,029
Feb 201506,28644.662.98$18,708
Jan 201506,76843.433.10$20,985
Dec 201407,16754.693.59$25,739
Nov 201407,71970.464.25$32,820
Oct 201405,43778.303.90$21,210
Sep 201406,37786.164.05$25,798
Aug 201406,46989.394.04$26,103
Jul 201406,10096.564.18$25,496
Jun 201405,87698.164.74$27,834
May 201406,15294.734.73$29,078
Apr 201406,03795.944.81$29,033
Mar 201436,31795.895.06$32,231
Feb 201414,89197.406.19$30,382
Jan 201405,95590.404.86$28,946
Dec 201306,05991.824.35$26,384
Nov 201306,51288.853.74$24,344
Oct 201306,42997.423.78$24,298
Sep 201306,453104.113.72$23,991
Aug 201306,728104.253.52$23,700
Jul 20131766,183102.523.72$41,030
Jun 201306,54094.403.93$25,725
May 201356,66294.834.15$28,115
Apr 201306,33593.964.28$27,130
Mar 20131566,39193.623.91$39,612
Feb 201306,25691.233.42$21,395
Jan 201306,46991.603.42$22,123
Dec 201206,51486.773.42$22,279
Nov 20121716,86586.953.62$39,754
Oct 201207,12489.383.40$24,219
Sep 201207,02094.672.92$20,487
Aug 20121607,18492.662.91$35,718
Jul 201247,54085.133.02$23,117
Jun 201207,57879.822.52$19,089
May 20121707,79691.612.49$34,973
Apr 201207,811101.652.00$15,597
Mar 201208,443105.052.22$18,761
Feb 201208,188101.102.57$21,045
Jan 20121657,91998.092.73$37,836
Dec 201107,04896.873.24$22,834
Nov 201107,26295.723.31$24,047
Oct 20111647,52584.983.65$41,392
Sep 201107,79783.623.99$31,077
Aug 201108,43883.404.15$35,012
Jul 20111718,45994.144.52$54,309
Jun 201108,27292.904.64$38,381
May 201108,40598.134.40$37,023
Apr 20111748,366105.964.33$54,689
Mar 201139,00596.364.06$36,825
Feb 20111957,72085.644.18$48,969
Jan 201108,63086.504.59$39,601
Dec 201008,84485.734.35$38,452
Nov 201008,80380.843.80$33,410
Oct 201008,44878.103.51$29,643
Sep 201008,85472.633.98$35,234
Aug 201008,61173.684.42$38,055
Jul 201009,57572.554.74$45,352
Jun 201009,00770.364.91$44,228
May 2010010,17171.124.24$43,076
Apr 201009,57481.694.12$39,471
Mar 201009,85078.394.39$43,228
Feb 201008,94173.585.44$48,660
Jan 201017710,00674.365.96$72,838
Dec 2009010,18171.445.48$55,830
Nov 2009010,38774.593.75$38,967
Oct 2009011,28672.544.11$46,388
Sep 200917210,75065.543.06$44,219
Aug 2009012,20967.423.22$39,295
Jul 2009012,29461.133.46$42,593
Jun 200915811,84766.163.90$56,597
May 200918713,53554.743.93$63,371
Apr 2009012,77946.773.59$45,845
Mar 200918512,74142.144.06$59,512
Feb 200919710,62032.814.63$55,666
Jan 200919313,07835.865.37$77,163
Dec 200841415,09537.105.98$105,584
Nov 200818816,82355.496.86$125,844
Oct 200816012,07775.246.92$95,635

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            60 bbl  × $106.41 =     $6,385
Gas                6,542 Mcf  × $  3.05 =    $19,926

────────────────────────────────────────────────────
Month total                                  $26,310

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/243870 is the state's own key, not one this site invented.