MINDEN GAS UNIT NO. 2

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 270239District 06Field 403562002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.7 M
Dec 2012 – May 2026
Value, last 12 filed months
$274 k
at the published price for each month
Months reported
162
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 Gas112013-11-13211962
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
CondensateDisposition35,363 bbl$2,706,090
GasProduction3,071,370 Mcf$10,956,020
Total$13,662,110

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 32.0751, -94.8665. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07506, -94.86651 · 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
11,035 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 11,035 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-401352062H11,035 ftDec 2012

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 (162)

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

162 months

May 2026236,050106.413.05$20,875
Apr 202606,52598.932.87$18,725
Mar 2026157,16389.753.15$23,906
Feb 202606,19063.503.75$23,214
Jan 202604,84259.138.00$38,726
Dec 202504,56756.664.41$20,156
Nov 202501,95658.593.93$7,680
Oct 20251536,19959.383.30$29,572
Sep 202505,87862.743.08$18,086
Aug 202506,06063.933.01$18,269
Jul 202506,53266.743.32$21,655
Jun 20251796,64866.483.13$32,700
May 202507,22960.553.23$23,366
Apr 202506,50862.363.54$23,059
Mar 20251578,01167.704.27$44,822
Feb 202504,74470.884.34$20,593
Jan 202505,91174.324.28$25,291
Dec 20241787,13868.993.12$34,561
Nov 202406,98969.052.20$15,365
Oct 202407,54871.372.28$17,220
Sep 202407,32269.612.36$17,312
Aug 20241797,46075.632.06$28,932
Jul 202407,82079.932.15$16,786
Jun 202407,63078.082.63$20,097
May 20241876,64078.812.20$29,335
Apr 202407,05584.451.66$11,706
Mar 202407,56580.301.55$11,689
Feb 2024147,18976.091.78$13,888
Jan 20241936,92373.023.30$36,923
Dec 202307,68071.262.61$20,050
Nov 202337,44977.892.81$21,147
Oct 202317,60385.443.09$23,558
Sep 202307,43489.042.74$20,332
Aug 20231868,25980.522.67$37,052
Jul 202308,11074.852.64$21,425
Jun 202307,40868.962.26$16,731
May 202328,11370.622.23$18,212
Apr 202307,48878.122.24$16,756
Mar 20233748,86372.852.39$48,456
Feb 202398,34275.112.47$21,245
Jan 202389,94876.533.39$34,313
Dec 2022107,88376.415.73$45,926
Nov 202208,39685.005.65$47,406
Oct 202208,46287.185.86$49,619
Sep 20221838,57284.888.16$85,512
Aug 2022129,12694.529.13$84,429
Jul 202259,408101.587.54$71,464
Jun 202238,627115.097.98$69,165
May 20221589,277109.378.43$95,514
Apr 2022389,063104.226.84$65,930
Mar 202209,329108.885.08$47,358
Feb 20221868,53891.054.86$58,420
Jan 2022010,23181.844.54$46,425
Dec 202109,82371.323.90$38,301
Nov 202139,49177.435.24$49,935
Oct 202117210,16979.795.71$71,828
Sep 202108,54269.865.35$45,708
Aug 202109,22366.024.22$38,927
Jul 20211788,96070.783.98$48,278
Jun 202188,54769.493.38$29,450
May 20211889,52663.483.02$40,681
Apr 202189,37760.362.76$26,349
Mar 20211909,77161.302.72$38,194
Feb 202109,59657.805.55$53,238
Jan 2021710,75450.412.81$30,575
Dec 202020010,26444.642.68$36,389
Nov 2020710,08438.772.71$27,564
Oct 202018210,40436.972.48$32,514
Sep 2020810,38937.091.99$20,982
Aug 202019810,90239.982.39$33,918
Jul 20201011,05838.371.83$20,566
Jun 202018510,87934.901.69$24,845
May 2020011,55816.921.81$20,975
Apr 2020011,44714.751.80$20,655
Mar 202018711,75730.341.86$27,497
Feb 2020010,70449.881.98$21,201
Jan 202019112,25357.252.09$36,602
Dec 2019012,33759.012.30$28,429
Nov 201918612,11455.302.75$43,608
Oct 2019012,42653.472.42$30,053
Sep 201918912,69355.052.66$44,133
Aug 2019013,05953.112.30$30,093
Jul 201918113,14256.272.46$42,515
Jun 2019012,91252.782.49$32,166
May 201918213,17958.482.74$46,758
Apr 2019013,72262.632.75$37,745
Mar 201918712,26756.803.06$48,184
Feb 201919113,93650.852.79$48,625
Jan 2019013,41446.033.23$43,303
Dec 201819513,77246.594.19$66,727
Nov 201819413,65152.934.24$68,111
Oct 2018013,84561.443.40$47,046
Sep 201819014,11259.543.11$55,173
Aug 2018014,65759.403.07$44,947
Jul 201818715,12665.142.93$56,529
Jun 201818814,79660.183.08$56,840
May 2018015,66365.382.90$45,435
Apr 201819015,21863.842.90$56,274
Mar 201818916,86561.222.79$58,571
Feb 2018011,70961.782.77$32,389
Jan 201819516,75262.874.01$79,424
Dec 2017017,07657.272.92$49,888
Nov 201719217,18055.423.12$64,214
Oct 2017017,77649.292.98$53,038
Sep 201718818,30147.523.09$65,434
Aug 201719320,56445.373.00$70,539
Jul 2017017,82343.873.09$55,025
Jun 201719719,96042.493.09$69,993
May 201718820,22245.373.26$74,522
Apr 201719219,76247.933.21$72,670
Mar 201719220,36546.772.98$69,742
Feb 201719618,94650.452.95$65,828
Jan 2017020,84849.413.42$71,275
Dec 201638422,80648.763.72$103,627
Nov 201618915,45642.492.64$48,902
Oct 201618815,04346.193.09$55,171
Sep 2016014,59341.553.10$45,247
Aug 20161878,44141.442.92$32,434
Jul 201619014,16541.622.92$49,331
Jun 201618913,91945.352.69$45,955
May 201618914,13242.521.99$36,174
Apr 201618815,48836.561.99$37,711
Mar 201619516,12233.011.79$35,360
Feb 201638414,92826.472.06$40,970
Jan 201619217,05927.352.36$45,585
Dec 201519117,28632.362.00$40,777
Nov 201538017,37738.792.17$52,402
Oct 201518917,75743.552.43$51,320
Sep 201518618,34042.992.76$58,586
Aug 201538718,82240.162.87$69,608
Jul 201520720,23548.152.95$69,561
Jun 201537720,63756.152.88$80,662
May 201519621,32355.212.96$73,840
Apr 201538121,77349.822.71$77,912
Mar 201538623,38442.892.93$85,181
Feb 201519623,07744.662.98$77,435
Jan 201539322,68543.433.10$87,406
Dec 201438824,70654.693.59$109,948
Nov 201438626,46370.464.25$139,714
Oct 201458128,83578.303.90$157,976
Sep 201438929,53186.164.05$152,982
Aug 201438031,94589.394.04$162,870
Jul 201438733,93396.564.18$179,195
Jun 201458133,48098.164.74$215,622
May 201439336,53794.734.73$209,923
Apr 201458337,14195.944.81$234,549
Mar 201457339,21795.895.06$253,258
Feb 201477446,86597.406.19$365,576
Jan 201458646,27690.404.86$277,909
Dec 201376548,16991.824.35$279,993
Nov 201357250,78788.853.74$240,678
Oct 201393755,88997.423.78$302,507
Sep 201376659,803104.113.72$302,080
Aug 201393272,018104.253.52$350,852
Jul 201394166,542102.523.72$343,857
Jun 20131,15569,00394.403.93$380,449
May 20131,31794,02694.834.15$515,013
Apr 20131,346101,65193.964.28$561,800
Mar 20131,737102,10993.623.91$562,157
Feb 20131,697120,10891.233.42$565,576
Jan 20131,70297,72091.603.42$490,097
Dec 201299196,19986.773.42$415,005

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            23 bbl  × $106.41 =     $2,447
Gas                6,050 Mcf  × $  3.05 =    $18,427

────────────────────────────────────────────────────
Month total                                  $20,875

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/270239 is the state's own key, not one this site invented.