GLADEWATER GU 2

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

Gas lease lease 86951District 06Field 35134500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$272 k
at the published price for each month
Months reported
401
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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered
1977-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
1,000 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1995-11-07.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET #06-0250378. UPDATED EFFECTIVE 5-1-07.

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 Gas112012-08-17206122
NGPA2none

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
CondensateDisposition14,196 bbl$579,247
GasProduction4,235,089 Mcf$18,688,194
Total$19,267,441

495,450 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.5823, -94.9403. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58226, -94.94032 · 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
11,875 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 11,875 ft.

Completions filed
Oct 2002
1 of 1 wells

1 well

42-45930425111,875 ftOct 2002

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 (401)

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

401 months

May 202675,450106.413.05$17,345
Apr 202645,42798.932.87$15,970
Mar 202605,43089.753.15$17,101
Feb 202604,83563.503.75$18,133
Jan 202646,58359.138.00$52,887
Dec 202575,23856.664.41$23,514
Nov 202525,53958.593.93$21,866
Oct 202506,69859.383.30$22,136
Sep 202506,68762.743.08$20,575
Aug 202506,47863.933.01$19,530
Jul 202516,33966.743.32$21,082
Jun 202526,78866.483.13$21,371
May 202566,89860.553.23$22,660
Apr 202556,01462.363.54$21,620
Mar 202565,66067.704.27$24,565
Feb 202564,50970.884.34$19,998
Jan 2025135,00374.324.28$22,372
Dec 202475,97968.993.12$19,146
Nov 2024146,05269.052.20$14,272
Oct 202486,18071.372.28$14,670
Sep 202486,26469.612.36$15,367
Aug 202486,14175.632.06$13,278
Jul 202456,83579.932.15$15,072
Jun 202406,04778.082.63$15,928
May 202444,94378.812.20$11,182
Apr 2024490784.451.66$1,843
Mar 2024173,52480.301.55$6,810
Feb 202406,57876.091.78$11,733
Jan 2024138,12373.023.30$27,736
Dec 202378,15671.262.61$21,792
Nov 202308,20877.892.81$23,044
Oct 2023107,17285.443.09$22,996
Sep 202308,35989.042.74$22,862
Aug 202398,75680.522.67$24,128
Jul 202308,97974.852.64$23,721
Jun 202397,47268.962.26$17,496
May 202309,44270.622.23$21,031
Apr 202398,43678.122.24$19,581
Mar 2023107,81572.852.39$19,431
Feb 202306,37975.112.47$15,729
Jan 202394,41276.533.39$15,635
Dec 202204,47676.415.73$25,643
Nov 2022108,75385.005.65$50,271
Oct 2022109,52187.185.86$56,701
Sep 202209,10084.888.16$74,289
Aug 2022109,50994.529.13$87,735
Jul 2022010,382101.587.54$78,302
Jun 20221110,531115.097.98$85,274
May 2022011,739109.378.43$98,995
Apr 20221012,189104.226.84$84,386
Mar 2022011,047108.885.08$56,079
Feb 20221011,21491.054.86$55,398
Jan 20221112,72181.844.54$58,624
Dec 20211115,03471.323.90$59,404
Nov 20211015,85777.435.24$83,815
Oct 2021020,09279.795.71$114,803
Sep 2021117,04469.865.35$91,271
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20181065.142.93$65
Jun 20180060.183.08$0
May 20181065.382.90$65
Apr 2018111,18263.842.90$4,131
Mar 2018137,44861.222.79$21,552
Feb 2018127,15761.782.77$20,538
Jan 201885,46062.874.01$22,394
Dec 2017147,29757.272.92$22,120
Nov 2017317,66155.423.12$25,608
Oct 201708,35749.292.98$24,935
Sep 2017197,64547.523.09$24,505
Aug 2017188,57245.373.00$26,570
Jul 2017198,94043.873.09$28,434
Jun 2017176,34442.493.09$20,308
May 2017168,85445.373.26$29,620
Apr 2017147,98347.933.21$26,309
Mar 2017158,27346.772.98$25,386
Feb 2017137,21350.452.95$21,953
Jan 201797,18449.413.42$25,005
Dec 20161811,28248.763.72$42,879
Nov 2016916,58142.492.64$44,228
Oct 2016053446.193.09$1,650
Sep 2016195941.553.10$3,015
Aug 20162141.442.92$86
Jul 20162041.622.92$83
Jun 201611045.352.69$499
May 2016172,75842.521.99$6,214
Apr 201609,26736.561.99$18,451
Mar 2016178,31433.011.79$15,477
Feb 2016348,88326.472.06$19,231
Jan 2016188,53927.352.36$20,682
Dec 2015189,64832.362.00$19,892
Nov 2015188,73938.792.17$19,639
Oct 2015249,55043.552.43$24,219
Sep 2015228,78542.992.76$25,179
Aug 2015109,76440.162.87$28,449
Jul 20152110,70748.152.95$32,544
Jun 20152111,10756.152.88$33,199
May 20152012,18955.212.96$37,128
Apr 20151614,23449.822.71$39,322
Mar 201514,19242.892.93$12,345
Feb 20151044.662.98$45
Jan 20157343.433.10$313
Dec 2014254,43854.693.59$17,306
Nov 201498,57470.464.25$37,089
Oct 201479,09478.303.90$36,023
Sep 201479,09086.164.05$37,376
Aug 201479,19989.394.04$37,745
Jul 2014148,69096.564.18$37,673
Jun 201499,09998.164.74$43,984
May 2014109,00194.734.73$43,491
Apr 2014128,76795.944.81$43,313
Mar 2014169,07995.895.06$47,445
Feb 2014238,62197.406.19$55,621
Jan 2014118,93690.404.86$44,430
Dec 2013229,47391.824.35$43,270
Nov 2013149,97688.853.74$38,537
Oct 20131610,65397.423.78$41,820
Sep 2013189,795104.113.72$38,289
Aug 20133210,040104.253.52$38,703
Jul 2013179,297102.523.72$36,307
Jun 2013179,97194.403.93$40,825
May 2013389,93694.834.15$44,829
Apr 20131710,44493.964.28$46,325
Mar 2013389,21193.623.91$39,599
Feb 2013159,73391.233.42$34,654
Jan 2013338,94991.603.42$33,628
Dec 2012169,39786.773.42$33,528
Nov 2012319,95986.953.62$38,796
Oct 20121410,50689.383.40$36,968
Sep 20121411,47494.672.92$34,811
Aug 20121412,40192.662.91$37,361
Jul 20122912,79685.133.02$41,123
Jun 20121312,63979.822.52$32,876
May 20122413,24291.612.49$35,149
Apr 20121314,392101.652.00$30,059
Mar 20122915,789105.052.22$38,131
Feb 20121513,987101.102.57$37,466
Jan 20122414,43798.092.73$41,826
Dec 20112511,62996.873.24$40,097
Nov 20113610,52395.723.31$38,291
Oct 20111210,65784.983.65$39,902
Sep 2011205,46783.623.99$23,463
Aug 2011179,98183.404.15$42,832
Jul 20112511,57694.144.52$54,645
Jun 20112810,44792.904.64$51,074
May 20112912,65298.134.40$58,576
Apr 20113711,564105.964.33$54,031
Mar 20112511,92596.364.06$50,793
Feb 2011299,09085.644.18$40,480
Jan 2011277,10586.504.59$34,939
Dec 20103613,68885.734.35$62,598
Nov 201079,77380.843.80$37,658
Oct 2010014,99978.103.51$52,630
Sep 2010010,64772.633.98$42,369
Aug 2010011,66773.684.42$51,561
Jul 201008,87772.554.74$42,046
Jun 201008,48870.364.91$41,679
May 2010238,33871.124.24$36,949
Apr 20101613,18881.694.12$55,677
Mar 20102911,88578.394.39$54,433
Feb 2010318,84173.585.44$50,397
Jan 20102510,65874.365.96$65,424
Dec 20092411,78171.445.48$66,319
Nov 20092510,24174.593.75$40,284
Oct 2009329,15872.544.11$39,963
Sep 2009369,72165.543.06$32,152
Aug 20093513,94067.423.22$47,226
Jul 20094012,47461.133.46$45,661
Jun 20092311,97166.163.90$48,149
May 20093410,95854.743.93$44,880
Apr 20094014,31246.773.59$53,215
Mar 2009246,00242.144.06$25,373
Feb 2009366,51032.814.63$31,342
Jan 20092610,57235.865.37$57,715
Dec 2008358,32537.105.98$51,058
Nov 20084110,72155.496.86$75,825
Oct 20083811,08275.246.92$79,569
Sep 20084311,172101.767.88$92,379
Aug 20084213,346114.228.48$118,012
Jul 20084012,748131.0811.39$150,436
Jun 20084112,065131.3313.03$162,623
May 20083613,000123.1711.57$154,900
Apr 20083410,098110.3110.45$109,324
Mar 20084411,003101.909.66$110,817
Feb 2008539,81192.538.77$90,952
Jan 20085314,22890.388.21$121,541
Dec 20074512,61088.337.30$96,053
Nov 20074911,33891.677.29$87,165
Oct 20074312,34682.856.92$89,021
Sep 20075712,87975.846.24$84,741
Aug 20076211,93769.066.39$80,535
Jul 20075612,59070.906.39$84,395
Jun 20077116,13062.007.55$126,159
May 20076313,13558.747.85$106,762
Apr 20076513,96159.617.81$112,843
Mar 20078115,54256.927.30$118,098
Feb 20079112,93955.108.22$111,321
Jan 20078017,40250.306.73$121,085
Dec 200610215,73756.656.92$114,654
Nov 200610816,09454.207.62$128,449
Oct 20064215,88654.906.01$97,841
Sep 20063113,89260.085.04$71,839
Aug 20063114,90468.717.34$111,524
Jul 20063515,70869.376.34$102,060
Jun 20063517,85366.286.38$116,291
May 20064419,12466.016.42$125,776
Apr 20064718,68264.397.36$140,535
Mar 20066420,53856.707.08$149,098
Feb 20065116,92957.597.75$134,156
Jan 20067922,20860.598.93$203,178
Dec 20055121,56954.9413.42$292,159
Nov 20055118,06654.6910.59$194,079
Oct 20055519,65858.3413.80$274,406
Sep 20053419,29361.4512.08$235,129
Aug 20055319,41861.519.80$193,495
Jul 20054722,30455.697.84$177,562
Jun 20056122,75952.337.38$171,177
May 20057022,58145.226.65$153,355
Apr 20057222,89149.207.36$172,031
Mar 200510318,76250.377.15$139,428
Feb 20059519,96945.226.31$130,339
Jan 200512221,08143.166.32$138,544
Dec 200412228,64939.866.75$198,275
Nov 200416229,03145.286.33$191,114
Oct 200417436,72249.706.52$247,895
Sep 200414137,48843.245.28$204,180
Aug 200410721,23442.375.55$122,396
Jul 20047319,69738.286.08$122,635
Jun 200410018,42136.106.43$122,113
May 200412822,23337.486.49$149,191
Apr 200411923,76134.475.86$143,305
Mar 200418633,22434.365.53$190,124
Feb 200413620,10232.455.51$115,168
Jan 200412627,48032.036.30$177,150
Dec 200321430,33230.266.30$197,617
Nov 200313028,28728.804.60$133,727
Oct 200315631,18828.174.76$152,838
Sep 200313028,59126.314.75$139,209
Aug 200311832,77729.765.13$171,649
Jul 200311026,63629.415.17$140,966
Jun 200315829,15428.565.98$178,940
May 200312735,97326.595.97$218,232
Apr 200318139,73126.675.41$219,664
Mar 200320939,76531.146.10$248,917
Feb 200316540,48333.487.93$326,388
Jan 200325754,34330.315.58$311,134
Dec 200227160,34426.914.85$300,188
Nov 200225863,09224.664.14$267,371
Oct 200218055,18026.464.23$238,126
Sep 200216027.443.64$439
Aug 2002578,77625.963.16$29,248
Jul 2002579,19224.583.06$29,545
Jun 20028111,22723.733.34$39,401
May 2002474,95724.663.58$18,925
Apr 2002229,62323.653.51$34,319
Mar 20022610,70622.003.10$33,790
Feb 2002134,73918.222.38$11,495
Jan 2002247,95517.172.38$19,311
Dec 2001358,51816.932.36$20,733
Nov 2001387,75718.072.41$19,346
Oct 2001428,72419.782.53$22,893
Sep 2001218,21024.262.25$18,993
Aug 2001328,34324.873.05$26,268
Jul 20013410,23823.933.20$33,545
Jun 2001165,12224.563.82$19,980
May 2001279,53725.524.31$41,768
Apr 2001247,10724.685.34$38,510
Mar 2001745,65324.545.38$32,209
Feb 20016210,14927.755.77$60,251
Jan 20016011,42027.478.40$97,562
Dec 2000665,83126.889.12$54,967
Nov 20006110,05532.215.66$58,856
Oct 200018,42631.235.15$43,387
Sep 2000210,45431.875.19$54,283
Aug 2000110,69529.644.54$48,593
Jul 200049,33928.534.09$38,308
Jun 200027,94129.304.40$34,977
May 2000168,48527.263.68$31,659
Apr 20005610,06124.513.12$32,723
Mar 2000497,29728.422.86$22,260
Feb 2000996,85527.622.73$21,425
Jan 2000819,01825.272.48$24,416
Dec 1999745,67924.282.42$15,561
Nov 1999637,23823.192.43$19,078
Oct 1999308,06620.982.80$23,244
Sep 1999147,53321.752.62$20,032
Aug 1999158,52219.262.88$24,795
Jul 1999159,33217.892.37$22,407
Jun 1999176,59515.942.36$15,849
May 1999187,76815.792.32$18,314
Apr 1999547,05815.102.21$16,400
Mar 1999557,00712.471.84$13,567
Feb 1999688,7379.981.82$16,561
Jan 1999699,01110.381.90$17,837
Dec 1998698,9499.201.77$16,504
Nov 1998799,36910.892.19$21,338
Oct 19989410,72812.421.97$22,293
Sep 1998868,99812.592.08$19,822
Aug 1998609,23511.301.91$18,292
Jul 19989311,34111.742.24$26,465
Jun 19989210,84111.242.24$25,288
May 19989412,10112.622.21$27,885
Apr 19987311,95213.042.51$30,896
Mar 1998165,66712.802.31$13,292
Feb 1998198,30613.952.30$19,362
Jan 19982710,77414.702.15$23,613
Dec 1997229,45216.322.41$23,149
Nov 19971512,56918.193.09$39,089
Oct 19971112,21219.253.15$38,677
Sep 199768,19617.742.95$24,325
Aug 199768,06817.862.55$20,719
Jul 199754,99117.582.25$11,302
Jun 1997117,63817.242.26$17,430
May 1997227,17018.972.31$16,969
Apr 1997258,27817.882.08$17,688
Mar 1997317,67818.951.94$15,476
Feb 1997306,12820.492.21$14,132
Jan 1997389,87023.483.54$35,829
Dec 1996367,23323.32$840
Nov 1996227,89621.97$483
Oct 1996359,13223.31$816
Sep 1996158,73222.22$333
Aug 19961410,36220.26$284
Jul 19962012,45219.55$391
Jun 1996169,24718.73$300
May 1996156,67619.43$291
Apr 1996266,00021.51$559
Mar 1996337,28119.38$640
Feb 1996607,95516.98$1,019
Jan 1996588,97317.07$990
Dec 1995629,01817.19$1,066
Nov 1995679,39916.00$1,072
Oct 19954010,07715.43$617
Sep 19953112,11616.18$502
Aug 1995309,51215.92$478
Jul 19953015,60415.24$457
Jun 1995226,35016.41$361
May 1995368,15417.56$632
Apr 1995647,85717.73$1,135
Mar 1995679,79416.44$1,101
Feb 1995778,91216.58$1,277
Jan 1995678,93415.92$1,067
Dec 1994547,29515.03$812
Nov 1994385,74615.90$604
Oct 1994136,06715.58$203
Sep 1994147,86615.29$214
Aug 1994137,07016.13$210
Jul 1994228,50817.56$386
Jun 1994328,05517.09$547
May 19946412,26315.88$1,016
Apr 19945710,97814.14$806
Mar 19945013,00712.46$623
Feb 19945311,85612.50$663
Jan 19945013,04212.66$633
Dec 19935312,34012.33$653
Nov 19935010,98214.49$725
Oct 19935016,21915.85$793
Sep 19933913,88015.03$586
Aug 19934314,06115.66$673
Jul 19933915,87615.46$603
Jun 19934213,58316.79$705
May 1993499,21517.68$866
Apr 19936415,11518.05$1,155
Mar 19938116,44618.14$1,469
Feb 19937012,97617.90$1,253
Jan 199310515,33816.93$1,778

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             7 bbl  × $106.41 =       $745
Gas                5,450 Mcf  × $  3.05 =    $16,600

────────────────────────────────────────────────────
Month total                                  $17,345

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/86951 is the state's own key, not one this site invented.