MINDEN GAS UNIT NO. 1

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

Gas lease lease 267916District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$25.1 M
Feb 2013 – May 2026
Value, last 12 filed months
$533 k
at the published price for each month
Months reported
160
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 328 leases and 328 wells, and the rule below applies to all of them.

Discovered
1980-01-13
as the register files it
Field class
Gas
the register's own label
Between wells
330 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 2013-08-06.

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 Gas112013-09-04211187
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
CondensateDisposition61,470 bbl$5,077,993
GasProduction5,484,654 Mcf$19,991,733
Total$25,069,726

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 32.1042, -94.8642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10424, -94.86417 · 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
10,792 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 10,792 ft.

Completions filed
Feb 2013
1 of 1 wells

1 well

42-401352183H10,792 ftFeb 2013

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 (160)

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

160 months

May 20261710,899106.413.05$35,006
Apr 2026810,54298.932.87$31,044
Mar 2026910,93089.753.15$35,231
Feb 2026010,04963.503.75$37,687
Jan 202617711,05059.138.00$98,843
Dec 2025012,60856.664.41$55,644
Nov 2025011,40558.593.93$44,781
Oct 2025011,99359.383.30$39,635
Sep 2025011,53062.743.08$35,477
Aug 2025011,60063.933.01$34,971
Jul 202517011,19766.743.32$48,466
Jun 2025011,52466.483.13$36,055
May 2025212,62260.553.23$40,919
Apr 2025012,38262.363.54$43,871
Mar 202517311,31767.704.27$60,017
Feb 2025010,94470.884.34$47,506
Jan 2025012,03574.324.28$51,494
Dec 202416612,04368.993.12$49,043
Nov 202409,02869.052.20$19,848
Oct 2024010,95371.372.28$24,988
Sep 2024011,04469.612.36$26,112
Aug 202418311,60175.632.06$37,780
Jul 2024012,39679.932.15$26,609
Jun 2024010,49378.082.63$27,638
May 2024011,54478.812.20$25,379
Apr 2024012,72384.451.66$21,110
Mar 2024013,35580.301.55$20,635
Feb 202420712,55876.091.78$38,150
Jan 2024012,90073.023.30$42,540
Dec 202319112,83171.262.61$47,109
Nov 2023312,69277.892.81$35,867
Oct 2023213,94185.443.09$43,211
Sep 2023014,90289.042.74$40,758
Aug 2023017,10280.522.67$45,712
Jul 202307,26574.852.64$19,193
Jun 2023033868.962.26$763
May 2023037370.622.23$831
Apr 202316810178.122.24$13,350
Mar 202304,53272.852.39$10,846
Feb 20230075.112.47$0
Jan 202301,96376.533.39$6,650
Dec 202228,18176.415.73$47,022
Nov 202208,80885.005.65$49,732
Oct 2022023187.185.86$1,355
Sep 202239,39984.888.16$76,985
Aug 2022213,67394.529.13$124,985
Jul 2022191110101.587.54$20,231
Jun 202218,210115.097.98$65,608
May 2022210,130109.378.43$85,645
Apr 2022012,378104.226.84$84,636
Mar 202218513,131108.885.08$86,801
Feb 2022012,53891.054.86$60,920
Jan 2022014,60281.844.54$66,259
Dec 202118214,78071.323.90$70,609
Nov 202109,77077.435.24$51,164
Oct 2021012,81279.795.71$73,206
Sep 2021014,22669.865.35$76,122
Aug 2021015,32266.024.22$64,668
Jul 202117513,75170.783.98$67,144
Jun 2021014,64269.493.38$49,499
May 2021015,73363.483.02$47,477
Apr 202117815,79760.362.76$54,319
Mar 2021017,68261.302.72$48,041
Feb 2021011,86357.805.55$65,815
Jan 202117118,34650.412.81$60,177
Dec 2020017,50944.642.68$46,845
Nov 202018717,76138.772.71$55,321
Oct 2020018,95536.972.48$46,979
Sep 2020816,49537.091.99$33,139
Aug 20201817,20039.982.39$24,409
Jul 20201517,56138.371.83$32,626
Jun 202018817,27234.901.69$35,756
May 2020018,59916.921.81$33,753
Apr 2020018,58514.751.80$33,534
Mar 202019019,74630.341.86$42,418
Feb 2020018,17549.881.98$35,999
Jan 202019019,83957.252.09$52,435
Dec 2019020,38459.012.30$46,972
Nov 201919020,11955.302.75$65,848
Oct 2019021,08753.472.42$51,000
Sep 2019019,61955.052.66$52,133
Aug 201918621,92153.112.30$60,392
Jul 2019022,24556.272.46$54,724
Jun 201918821,45552.782.49$63,371
May 201918723,06458.482.74$74,139
Apr 2019022,04162.632.75$60,628
Mar 201918721,42356.803.06$76,221
Feb 2019025,48550.852.79$71,160
Jan 201919223,34746.033.23$84,206
Dec 201818924,55446.594.19$111,575
Nov 2018024,25852.934.24$102,787
Oct 201819225,64461.443.40$98,937
Sep 201818825,44159.543.11$90,264
Aug 2018027,31059.403.07$83,748
Jul 201818328,25165.142.93$94,749
Jun 2018027,80260.183.08$85,545
May 201818829,42865.382.90$97,656
Apr 201819029,79463.842.90$98,556
Mar 2018024,54961.222.79$68,414
Feb 201819219,42861.782.77$65,602
Jan 201819228,96562.874.01$128,201
Dec 201718931,84457.272.92$103,857
Nov 2017032,21455.423.12$100,455
Oct 201719033,58449.292.98$109,569
Sep 201719133,55947.523.09$112,682
Aug 201718235,90045.373.00$116,115
Jul 201719029,85543.873.09$100,506
Jun 201719237,63042.493.09$124,332
May 201737938,82745.373.26$143,903
Apr 201719138,72347.933.21$133,517
Mar 201719041,02546.772.98$131,292
Feb 201719336,33550.452.95$117,020
Jan 201719034,81749.413.42$128,420
Dec 201638445,07248.763.72$186,519
Nov 2016015,70942.492.64$41,540
Oct 201619014,37046.193.09$53,183
Sep 201608,82841.553.10$27,372
Aug 201618613,22641.442.92$46,385
Jul 201618219,39641.622.92$64,295
Jun 201637420,59645.352.69$72,278
May 201619026,87542.521.99$61,588
Apr 201619123,75736.561.99$54,284
Mar 201637327,14533.011.79$61,011
Feb 201638928,16126.472.06$68,411
Jan 201619330,13027.352.36$76,517
Dec 201538528,54532.362.00$69,589
Nov 201538330,12438.792.17$80,145
Oct 201537831,77043.552.43$93,554
Sep 201537733,38042.992.76$108,283
Aug 201538735,58440.162.87$117,757
Jul 201538236,62548.152.95$126,257
Jun 201537838,25856.152.88$131,517
May 201557143,50355.212.96$160,096
Apr 201557042,81749.822.71$144,285
Mar 201538846,82742.892.93$154,065
Feb 201557446,86244.662.98$165,105
Jan 201557350,01643.433.10$179,967
Dec 201476257,27654.693.59$247,373
Nov 201457357,83170.464.25$286,262
Oct 201476864,55278.303.90$311,949
Sep 201477264,80086.164.05$328,660
Aug 201494872,96389.394.04$379,156
Jul 201493774,83896.564.18$403,270
Jun 20141,12579,23198.164.74$485,738
May 20141,15289,88594.734.73$533,976
Apr 20141,15491,38395.944.81$550,187
Mar 20141,33793,25995.895.06$599,797
Feb 20141,180109,55797.406.19$793,309
Jan 20141,730107,40290.404.86$678,443
Dec 20131,726113,05791.824.35$650,786
Nov 20131,350117,55688.853.74$559,405
Oct 20131,908134,86497.423.78$695,577
Sep 20132,264145,401104.113.72$776,268
Aug 20132,613155,986104.253.52$821,883
Jul 20132,816170,098102.523.72$921,076
Jun 20131,909116,90494.403.93$640,041
May 20134,786246,78894.834.15$1,477,800
Apr 20135,509285,26893.964.28$1,739,312
Mar 20135,635293,56293.623.91$1,676,219
Feb 20132,07087,57391.233.42$488,338

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            17 bbl  × $106.41 =     $1,809
Gas               10,899 Mcf  × $  3.05 =    $33,197

────────────────────────────────────────────────────
Month total                                  $35,006

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/267916 is the state's own key, not one this site invented.