WAKEFIELD

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

Gas lease lease 257097District 06Field 778072372 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jun 2010 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
192
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 18 leases and 20 wells, and the rule below applies to all of them.

Discovered
2005-05-24
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-05-24.

The Commission's schedule remark for this field reads: AND RODESSA (COTTON VALLEY) FIELDS.

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 Gas112010-11-17200016
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
CondensateDisposition6,648 bbl$456,048
GasProduction206,052 Mcf$713,479
Total$1,169,527

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 32.8136, -94.3286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.81361, -94.32862 · 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
8,600 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 8,600 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-3153091128,600 ftNov 2011

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 (192)

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

192 months

May 202601,056106.413.05$3,216
Apr 20261691,00898.932.87$19,612
Mar 202601,06989.753.15$3,367
Feb 202615795263.503.75$13,540
Jan 202601,00959.138.00$8,070
Dec 20251681,14656.664.41$14,577
Nov 2025076058.593.93$2,984
Oct 2025084159.383.30$2,779
Sep 2025080362.743.08$2,471
Aug 202514579163.933.01$11,655
Jul 2025079266.743.32$2,626
Jun 2025083966.483.13$2,625
May 202516187260.553.23$12,567
Apr 2025091262.363.54$3,231
Mar 2025090567.704.27$3,863
Feb 202517578070.884.34$15,790
Jan 2025087274.324.28$3,731
Dec 2024099168.993.12$3,093
Nov 2024052069.052.20$1,143
Oct 2024085871.372.28$1,957
Sep 2024093969.612.36$2,220
Aug 2024041675.632.06$858
Jul 2024083079.932.15$1,782
Jun 2024081578.082.63$2,147
May 2024080678.812.20$1,772
Apr 2024080084.451.66$1,327
Mar 20242676380.301.55$3,267
Feb 2024051776.091.78$922
Jan 2024045273.023.30$1,491
Dec 2023045971.262.61$1,198
Nov 2023056577.892.81$1,586
Oct 2023062085.443.09$1,914
Sep 2023062189.042.74$1,698
Aug 2023062680.522.67$1,673
Jul 2023062574.852.64$1,651
Jun 2023062368.962.26$1,407
May 2023067470.622.23$1,501
Apr 20232873578.122.24$3,832
Mar 2023086872.852.39$2,077
Feb 20233176275.112.47$4,207
Jan 20231747576.533.39$2,910
Dec 2022062276.415.73$3,563
Nov 20223392685.005.65$8,033
Oct 20223169887.185.86$6,795
Sep 2022075184.888.16$6,131
Aug 2022061894.529.13$5,641
Jul 20220868101.587.54$6,547
Jun 20220356115.097.98$2,840
May 2022065109.378.43$548
Apr 20220151104.226.84$1,032
Mar 20220100108.885.08$508
Feb 2022025991.054.86$1,258
Jan 202206881.844.54$309
Dec 202106671.323.90$257
Nov 202105977.435.24$309
Oct 202109279.795.71$526
Sep 2021056369.865.35$3,013
Aug 2021083266.024.22$3,512
Jul 2021092070.783.98$3,664
Jun 2021025869.493.38$872
May 2021043263.483.02$1,304
Apr 2021058760.362.76$1,619
Mar 2021085961.302.72$2,334
Feb 2021069757.805.55$3,867
Jan 2021096550.412.81$2,712
Dec 2020084144.642.68$2,250
Nov 2020038038.772.71$1,029
Oct 202013165636.972.48$6,469
Sep 2020062537.091.99$1,244
Aug 2020022039.982.39$525
Jul 2020046438.371.83$847
Jun 202005234.901.69$88
May 202001016.921.81$18
Apr 202006414.751.80$115
Mar 2020010530.341.86$195
Feb 202018011049.881.98$9,196
Jan 2020053257.252.09$1,114
Dec 2019056159.012.30$1,293
Nov 2019080155.302.75$2,203
Oct 2019036453.472.42$880
Sep 2019021755.052.66$577
Aug 201905953.112.30$136
Jul 2019019656.272.46$482
Jun 2019019152.782.49$476
May 2019030358.482.74$830
Apr 201917549662.632.75$12,325
Mar 2019036556.803.06$1,118
Feb 2019137350.852.79$1,092
Jan 201921,01646.033.23$3,372
Dec 201851,59446.594.19$6,905
Nov 201821,56752.934.24$6,746
Oct 20181861,56161.443.40$16,732
Sep 201801,37659.543.11$4,277
Aug 201801,49959.403.07$4,597
Jul 20181581,52865.142.93$14,772
Jun 201811,56560.183.08$4,876
May 201801,49765.382.90$4,343
Apr 201811,44263.842.90$4,247
Mar 20181941,46561.222.79$15,959
Feb 201851,27261.782.77$3,827
Jan 201801,23762.874.01$4,960
Dec 201701,10057.272.92$3,214
Nov 20171771,33855.423.12$13,982
Oct 201701,51949.292.98$4,532
Sep 20171881,48247.523.09$13,509
Aug 201701,47645.373.00$4,434
Jul 201701,51543.873.09$4,677
Jun 201701,43142.493.09$4,418
May 20171681,44545.373.26$12,338
Apr 201701,31647.933.21$4,226
Mar 201711,13746.772.98$3,439
Feb 201718880150.452.95$11,850
Jan 201701,16549.413.42$3,983
Dec 201611,29748.763.72$4,877
Nov 201631,85042.492.64$5,020
Oct 201601,83346.193.09$5,664
Sep 201601,35241.553.10$4,192
Aug 201601,29041.442.92$3,772
Jul 20161751,53341.622.92$11,767
Jun 201621,40745.352.69$3,870
May 201601,57342.521.99$3,132
Apr 20161901,64636.561.99$10,224
Mar 201621,84933.011.79$3,383
Feb 201621,85426.472.06$3,879
Jan 20161881,82427.352.36$9,454
Dec 201532,04332.362.00$4,186
Nov 20151751,55038.792.17$10,148
Oct 2015176843.552.43$1,907
Sep 201501,53842.992.76$4,242
Aug 201511,69540.162.87$4,909
Jul 20151741,90748.152.95$13,994
Jun 201522,11856.152.88$6,218
May 20151641,76855.212.96$14,280
Apr 201541,87949.822.71$5,285
Mar 201502,05342.892.93$6,025
Feb 20151631,75144.662.98$12,491
Jan 201501,82943.433.10$5,671
Dec 20141931,84154.693.59$17,167
Nov 201402,04970.464.25$8,712
Oct 201401,96778.303.90$7,673
Sep 20141761,85986.164.05$22,685
Aug 201401,92589.394.04$7,768
Jul 201401,84796.564.18$7,720
Jun 20141451,60098.164.74$21,812
May 201401,71794.734.73$8,116
Apr 20141931,64295.944.81$26,413
Mar 201421,62095.895.06$8,384
Feb 201401,50597.406.19$9,319
Jan 201401,54390.404.86$7,500
Dec 20131791,55991.824.35$23,224
Nov 201301,58788.853.74$5,933
Oct 20131751,43397.423.78$22,464
Sep 201301,340104.113.72$4,982
Aug 201341,426104.253.52$5,440
Jul 20131681,481102.523.72$22,729
Jun 2013091794.403.93$3,607
May 20131841,16494.834.15$22,278
Apr 201301,11293.964.28$4,762
Mar 20131831,33093.623.91$22,337
Feb 2013236591.233.42$1,431
Jan 2013784091.603.42$3,514
Dec 20121751,08586.773.42$18,896
Nov 201201,11186.953.62$4,027
Oct 201201,20489.383.40$4,093
Sep 20121551,20694.672.92$18,193
Aug 201241,20392.662.91$3,869
Jul 20121861,18885.133.02$19,423
Jun 201201,05779.822.52$2,663
May 201201,34091.612.49$3,334
Apr 20121911,582101.652.00$22,574
Mar 201221,153105.052.22$2,772
Feb 20121701,131101.102.57$20,094
Jan 201201,10898.092.73$3,029
Dec 2011043296.873.24$1,400
Nov 20110095.723.31$0
Oct 2011046484.983.65$1,693
Sep 2011084183.623.99$3,352
Aug 201107683.404.15$315
Jul 201101894.144.52$81
Jun 201106192.904.64$283
May 2011012098.134.40$529
Apr 20110809105.964.33$3,506
Mar 201102,88096.364.06$11,685
Feb 201102,47685.644.18$10,350
Jan 201103,07786.504.59$14,120
Dec 201002,79485.734.35$12,148
Nov 201002,54080.843.80$9,640
Oct 201003,19578.103.51$11,211
Sep 201002,43772.633.98$9,698
Aug 201003,15273.684.42$13,930
Jul 201002,42172.554.74$11,467
Jun 201002,10770.364.91$10,346

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                1,056 Mcf  × $  3.05 =     $3,216

────────────────────────────────────────────────────
Month total                                   $3,216

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/257097 is the state's own key, not one this site invented.