SPEAR

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

Gas lease lease 261462District 06Field 97752100CondensateGasSaveExport
Value, all time
$1.0 M
Dec 2010 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
186
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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered
1975-07-10
as the register files it
Field class
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 2016-10-25.

The Commission's schedule remark for this field reads: SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.

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
CondensateDisposition1,502 bbl$121,631
GasProduction248,699 Mcf$899,111
Total$1,020,742

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 32.5911, -94.7505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59110, -94.75045 · 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
10,958 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 10,958 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-18330627110,958 ftDec 2010

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 (186)

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

186 months

May 202600106.413.05$0
Apr 20263098.932.87$297
Mar 2026040189.753.15$1,263
Feb 20265063.503.75$318
Jan 20260059.138.00$0
Dec 20259056.664.41$510
Nov 20250058.593.93$0
Oct 20252382159.383.30$4,079
Sep 20252499162.743.08$4,555
Aug 20252592063.933.01$4,372
Jul 2025221,03966.743.32$4,913
Jun 202501,11966.483.13$3,501
May 2025221,07860.553.23$4,817
Apr 2025131,25062.363.54$5,240
Mar 20251168667.704.27$3,673
Feb 2025151,00070.884.34$5,404
Jan 2025669274.324.28$3,407
Dec 2024061568.993.12$1,920
Nov 2024448969.052.20$1,351
Oct 2024382871.372.28$2,103
Sep 2024371369.612.36$1,895
Aug 2024763075.632.06$1,830
Jul 2024159779.932.15$1,361
Jun 2024859578.082.63$2,192
May 2024377378.812.20$1,936
Apr 2024764484.451.66$1,660
Mar 2024158280.301.55$980
Feb 2024476876.091.78$1,674
Jan 2024059673.023.30$1,965
Dec 2023348071.262.61$1,467
Nov 2023064377.892.81$1,805
Oct 2023029085.443.09$895
Sep 2023040289.042.74$1,099
Aug 2023039280.522.67$1,048
Jul 2023053674.852.64$1,416
Jun 2023050368.962.26$1,136
May 2023045570.622.23$1,013
Apr 2023038978.122.24$870
Mar 2023037572.852.39$897
Feb 2023041275.112.47$1,016
Jan 2023046076.533.39$1,558
Dec 2022027676.415.73$1,581
Nov 2022036585.005.65$2,061
Oct 2022028387.185.86$1,659
Sep 202209684.888.16$784
Aug 2022034794.529.13$3,167
Jul 20220350101.587.54$2,640
Jun 20220225115.097.98$1,795
May 20220296109.378.43$2,496
Apr 20220226104.226.84$1,545
Mar 20220229108.885.08$1,163
Feb 2022024791.054.86$1,200
Jan 2022026081.844.54$1,180
Dec 2021014171.323.90$550
Nov 2021011977.435.24$623
Oct 202108479.795.71$480
Sep 2021012269.865.35$653
Aug 2021019466.024.22$819
Jul 202109270.783.98$366
Jun 202108669.493.38$291
May 202101763.483.02$51
Apr 2021011160.362.76$306
Mar 2021010461.302.72$283
Feb 202103257.805.55$178
Jan 202106250.412.81$174
Dec 202008044.642.68$214
Nov 202006738.772.71$181
Oct 202005636.972.48$139
Sep 202003637.091.99$72
Aug 2020014739.982.39$351
Jul 2020019338.371.83$352
Jun 2020010534.901.69$177
May 2020015516.921.81$281
Apr 202009714.751.80$175
Mar 2020023030.341.86$427
Feb 20200049.881.98$0
Jan 202009957.252.09$207
Dec 2019010659.012.30$244
Nov 2019016555.302.75$454
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201909053.112.30$207
Jul 2019011156.272.46$273
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201907262.632.75$198
Mar 20190056.803.06$0
Feb 2019010650.852.79$296
Jan 201906546.033.23$210
Dec 201801846.594.19$75
Nov 201807652.934.24$322
Oct 20180061.443.40$0
Sep 201806959.543.11$214
Aug 2018013259.403.07$405
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201807365.382.90$212
Apr 2018013963.842.90$403
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201704343.873.09$133
Jun 2017015342.493.09$472
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20162242.492.64$90
Oct 2016021146.193.09$652
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201606442.521.99$127
Apr 2016015636.561.99$311
Mar 201609933.011.79$178
Feb 2016025926.472.06$534
Jan 201602,10627.352.36$4,979
Dec 201502,08332.362.00$4,169
Nov 201501,86638.792.17$4,044
Oct 201501,96243.552.43$4,761
Sep 20151852,16242.992.76$13,917
Aug 201502,20740.162.87$6,340
Jul 201501,99748.152.95$5,881
Jun 201502,03256.152.88$5,858
May 201502,36355.212.96$6,984
Apr 201502,69349.822.71$7,289
Mar 201501,56542.892.93$4,593
Feb 201501,98644.662.98$5,911
Jan 201502,45043.433.10$7,597
Dec 201402,44454.693.59$8,777
Nov 201402,37170.464.25$10,081
Oct 201402,41578.303.90$9,421
Sep 201402,52086.164.05$10,195
Aug 20141793,07089.394.04$28,389
Jul 201402,71796.564.18$11,356
Jun 201402,86098.164.74$13,547
May 201402,96294.734.73$14,000
Apr 201402,89595.944.81$13,922
Mar 201403,12895.895.06$15,818
Feb 201402,96397.406.19$18,347
Jan 201423,47290.404.86$17,057
Dec 201302,78791.824.35$12,136
Nov 20131742,94988.853.74$26,484
Oct 201303,29497.423.78$12,449
Sep 201303,482104.113.72$12,945
Aug 201303,770104.253.52$13,280
Jul 201303,826102.523.72$14,224
Jun 201303,95894.403.93$15,568
May 201304,13894.834.15$17,169
Apr 20131774,20793.964.28$34,648
Mar 201304,97193.623.91$19,451
Feb 201301,16491.233.42$3,981
Jan 2013152,43391.603.42$9,695
Dec 201203,51386.773.42$12,015
Nov 201203,36586.953.62$12,198
Oct 201203,71589.383.40$12,630
Sep 201203,34594.672.92$9,762
Aug 2012163,81992.662.91$12,589
Jul 20121803,77485.133.02$26,724
Jun 201204,19079.822.52$10,555
May 201204,37491.612.49$10,884
Apr 201204,131101.652.00$8,249
Mar 201205,063105.052.22$11,250
Feb 20121773,972101.102.57$28,104
Jan 201204,84398.092.73$13,241
Dec 201104,58896.873.24$14,864
Nov 201104,69795.723.31$15,553
Oct 201105,74584.983.65$20,961
Sep 201105,88383.623.99$23,448
Aug 20111736,17183.404.15$40,034
Jul 201106,67794.144.52$30,162
Jun 201106,72292.904.64$31,189
May 201107,44998.134.40$32,812
Apr 201106,750105.964.33$29,250
Mar 201105,70196.364.06$23,131
Feb 201104,81985.644.18$20,143
Jan 201101,80786.504.59$8,292
Dec 2010031685.734.35$1,374

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.

Apr 2026 — as filed, then multipliedworked
Condensate             3 bbl  × $ 98.93 =       $297
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                     $297

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/261462 is the state's own key, not one this site invented.