CANNON, T.P.

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 87081District 06Field 40356200NGPA filingCondensateGasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 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
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
CondensateDisposition383 bbl$28,187
GasProduction248,025 Mcf$1,079,860
Total$1,108,048

37,423 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 32.1974, -94.7503. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19735, -94.75026 · 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
11,000 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 11,000 ft.

Completions filed
Jan 1980
1 of 1 wells

1 well

42-40130823111,000 ftJan 1980

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20237078.122.24$547
Mar 2023028472.852.39$680
Feb 202371,36175.112.47$3,882
Jan 2023017276.533.39$583
Dec 2022015176.415.73$865
Nov 2022027785.005.65$1,564
Oct 2022028187.185.86$1,648
Sep 2022014984.888.16$1,216
Aug 2022015394.529.13$1,396
Jul 20220168101.587.54$1,267
Jun 20220205115.097.98$1,635
May 20220315109.378.43$2,656
Apr 20220204104.226.84$1,395
Mar 20220177108.885.08$899
Feb 2022043491.054.86$2,109
Jan 2022033681.844.54$1,525
Dec 2021018271.323.90$710
Nov 2021012877.435.24$670
Oct 2021012879.795.71$731
Sep 2021017469.865.35$931
Aug 202102066.024.22$84
Jul 2021012570.783.98$498
Jun 2021014069.493.38$473
May 2021010563.483.02$317
Apr 2021013660.362.76$375
Mar 2021026461.302.72$717
Feb 2021028757.805.55$1,592
Jan 2021247850.412.81$1,444
Dec 2020051144.642.68$1,367
Nov 2020016138.772.71$436
Oct 2020026636.972.48$659
Sep 2020044537.091.99$886
Aug 2020024439.982.39$582
Jul 2020011838.371.83$215
Jun 2020028834.901.69$487
May 2020047616.921.81$864
Apr 2020030914.751.80$558
Mar 2020015730.341.86$291
Feb 2020037349.881.98$739
Jan 2020052657.252.09$1,102
Dec 2019023359.012.30$537
Nov 2019029855.302.75$820
Oct 2019043053.472.42$1,040
Sep 2019058055.052.66$1,541
Aug 2019034853.112.30$802
Jul 2019043556.272.46$1,070
Jun 2019018052.782.49$448
May 201906858.482.74$186
Apr 2019043262.632.75$1,188
Mar 2019031956.803.06$977
Feb 2019037450.852.79$1,044
Jan 2019040146.033.23$1,295
Dec 2018032346.594.19$1,352
Nov 201806252.934.24$263
Oct 2018043061.443.40$1,461
Sep 2018039059.543.11$1,212
Aug 2018032859.403.07$1,006
Jul 2018048165.142.93$1,410
Jun 2018045060.183.08$1,385
May 2018046365.382.90$1,343
Apr 2018033963.842.90$983
Mar 2018030961.222.79$861
Feb 2018054061.782.77$1,494
Jan 2018048562.874.01$1,945
Dec 20170057.272.92$0
Nov 2017060955.423.12$1,899
Oct 2017030849.292.98$919
Sep 2017025147.523.09$775
Aug 2017051245.373.00$1,538
Jul 2017029243.873.09$901
Jun 2017032642.493.09$1,006
May 2017017445.373.26$568
Apr 2017070247.933.21$2,255
Mar 2017056846.772.98$1,695
Feb 2017064450.452.95$1,901
Jan 20170049.413.42$0
Dec 2016012448.763.72$462
Nov 2016026642.492.64$703
Oct 2016038846.193.09$1,199
Sep 2016023741.553.10$735
Aug 2016033841.442.92$988
Jul 2016023241.622.92$678
Jun 2016014745.352.69$395
May 201609342.521.99$185
Apr 2016024136.561.99$480
Mar 2016017333.011.79$310
Feb 2016021226.472.06$437
Jan 2016063227.352.36$1,494
Dec 2015036832.362.00$737
Nov 2015019338.792.17$418
Oct 2015016043.552.43$388
Sep 2015050542.992.76$1,393
Aug 2015014240.162.87$408
Jul 2015039848.152.95$1,172
Jun 2015053056.152.88$1,528
May 2015030655.212.96$904
Apr 2015040249.822.71$1,088
Mar 2015040342.892.93$1,183
Feb 2015038744.662.98$1,152
Jan 2015094943.433.10$2,943
Dec 2014077654.693.59$2,787
Nov 2014033870.464.25$1,437
Oct 2014045078.303.90$1,755
Sep 201409186.164.05$368
Aug 20140889.394.04$32
Jul 2014030996.564.18$1,292
Jun 2014031798.164.74$1,502
May 2014028094.734.73$1,323
Apr 2014029595.944.81$1,419
Mar 2014043095.895.06$2,174
Feb 2014012797.406.19$786
Jan 2014023290.404.86$1,128
Dec 2013014291.824.35$618
Nov 2013053988.853.74$2,015
Oct 2013045297.423.78$1,708
Sep 20130443104.113.72$1,647
Aug 20130702104.253.52$2,473
Jul 20130160102.523.72$595
Jun 2013025994.403.93$1,019
May 2013084594.834.15$3,506
Apr 2013067993.964.28$2,908
Mar 2013030393.623.91$1,186
Feb 2013084491.233.42$2,886
Jan 201311,43291.603.42$4,989
Dec 201201,02086.773.42$3,489
Nov 2012062586.953.62$2,266
Oct 201201,09089.383.40$3,706
Sep 2012097694.672.92$2,848
Aug 2012065992.662.91$1,916
Jul 2012022685.133.02$683
Jun 2012024179.822.52$607
May 2012044591.612.49$1,107
Apr 20121487101.652.00$1,074
Mar 20120611105.052.22$1,358
Feb 20121657101.102.57$1,790
Jan 2012066098.092.73$1,804
Dec 2011079296.873.24$2,566
Nov 2011027895.723.31$921
Oct 2011065184.983.65$2,375
Sep 201111,02683.623.99$4,173
Aug 2011022283.404.15$921
Jul 2011095494.144.52$4,309
Jun 2011058092.904.64$2,691
May 2011071398.134.40$3,141
Apr 20111574105.964.33$2,593
Mar 201121,06796.364.06$4,522
Feb 2011174585.644.18$3,200
Jan 20110086.504.59$0
Dec 2010037285.734.35$1,617
Nov 2010033480.843.80$1,268
Oct 2010163878.103.51$2,317
Sep 2010032072.633.98$1,273
Aug 2010053373.684.42$2,356
Jul 201011,11072.554.74$5,330
Jun 2010761,11570.364.91$10,822
May 201001,10571.124.24$4,680
Apr 201001,07281.694.12$4,420
Mar 201001,64878.394.39$7,233
Feb 201011,89673.585.44$10,392
Jan 201011,72774.365.96$10,374
Dec 2009095071.445.48$5,210
Nov 200911,34574.593.75$5,120
Oct 2009191772.544.11$3,842
Sep 200911,06265.543.06$3,320
Aug 200901,50367.423.22$4,837
Jul 2009095561.133.46$3,309
Jun 200901,15566.163.90$4,499
May 2009058954.743.93$2,312
Apr 200901,14546.773.59$4,108
Mar 200921,06842.144.06$4,419
Feb 200911,37032.814.63$6,380
Jan 2009197435.865.37$5,267
Dec 2008185037.105.98$5,118
Nov 2008085255.496.86$5,845
Oct 2008092175.246.92$6,375
Sep 20080561101.767.88$4,419
Aug 20080466114.228.48$3,953
Jul 200801,088131.0811.39$12,392
Jun 200801,266131.3313.03$16,499
May 20081341,381123.1711.57$32,489
Apr 20080962110.3110.45$10,058
Mar 200801,125101.909.66$10,872
Feb 200831,41792.538.77$12,706
Jan 2008079590.388.21$6,524
Dec 200701,17588.337.30$8,580
Nov 2007094891.677.29$6,913
Oct 200701,02582.856.92$7,095
Sep 200701,19075.846.24$7,431
Aug 200711,30569.066.39$8,405
Jul 200711,11970.906.39$7,219
Jun 200731,74862.007.55$13,381
May 2007277058.747.85$6,159
Apr 200731,50159.617.81$11,894
Mar 200711,05356.927.30$7,746
Feb 2007382155.108.22$6,911
Jan 200711,55550.306.73$10,511
Dec 200601,69156.656.92$11,699
Nov 200601,16354.207.62$8,859
Oct 200631,47354.906.01$9,023
Sep 200621,97160.085.04$10,048
Aug 200621,73768.717.34$12,887
Jul 200651,86969.376.34$12,201
Jun 200622,14966.286.38$13,852
May 200602,33866.016.42$15,022
Apr 200602,37464.397.36$17,474
Mar 200602,41456.707.08$17,098
Feb 200601,49957.597.75$11,619
Jan 200602,38360.598.93$21,288
Dec 200502,22254.9413.42$29,809
Nov 200502,75954.6910.59$29,213
Oct 2005098358.3413.80$13,561
Sep 200501,51361.4512.08$18,276
Aug 200502,61561.519.80$25,619
Jul 200503,26855.697.84$25,633
Jun 200501,71052.337.38$12,622
May 2005090145.226.65$5,993
Apr 200501,40649.207.36$10,349
Mar 2005178350.377.15$5,653
Feb 200521,51045.226.31$9,621
Jan 200522,17543.166.32$13,837
Dec 200411,21339.866.75$8,229
Nov 2004013345.286.33$842
Oct 2004055149.706.52$3,590
Sep 20040243.245.28$11
Aug 2004075542.375.55$4,191
Jul 2004070738.286.08$4,302
Jun 2004037136.106.43$2,387
May 2004044737.486.49$2,903
Apr 2004030834.475.86$1,804
Mar 2004051934.365.53$2,870
Feb 2004044932.455.51$2,474
Jan 2004138432.036.30$2,451
Dec 2003047830.266.30$3,012
Nov 2003050628.804.60$2,325
Oct 2003056428.174.76$2,684
Sep 2003061226.314.75$2,907
Aug 2003058929.765.13$3,021
Jul 2003151629.415.17$2,698
Jun 2003053528.565.98$3,201
May 2003068526.595.97$4,091
Apr 2003058626.675.41$3,169
Mar 2003058931.146.10$3,591
Feb 2003057133.487.93$4,526
Jan 2003066530.315.58$3,712
Dec 2002067326.914.85$3,267
Nov 2002259424.664.14$2,507
Oct 20020026.464.23$0
Sep 2002037227.443.64$1,352
Aug 2002063725.963.16$2,016
Jul 2002059824.583.06$1,831
Jun 2002062423.733.34$2,083
May 2002048224.663.58$1,727
Apr 2002053523.653.51$1,879
Mar 2002062022.003.10$1,924
Feb 2002056518.222.38$1,342
Jan 2002056717.172.38$1,347
Dec 2001065916.932.36$1,558
Nov 2001049818.072.41$1,198
Oct 2001055719.782.53$1,409
Sep 2001061224.262.25$1,378
Aug 2001064124.873.05$1,957
Jul 20010023.933.20$0
Jun 2001037424.563.82$1,430
May 2001059625.524.31$2,567
Apr 2001029924.685.34$1,595
Mar 2001046924.545.38$2,522
Feb 2001082927.755.77$4,781
Jan 2001010827.478.40$907
Dec 2000021526.889.12$1,961
Nov 2000054132.215.66$3,061
Oct 2000047731.235.15$2,454
Sep 2000038731.875.19$2,007
Aug 2000035129.644.54$1,594
Jul 2000054228.534.09$2,217
Jun 2000042229.304.40$1,856
May 2000072727.263.68$2,675
Apr 2000048424.513.12$1,508
Mar 2000031128.422.86$889
Feb 2000056827.622.73$1,549
Jan 2000070425.272.48$1,746
Dec 1999362624.282.42$1,590
Nov 1999066623.192.43$1,621
Oct 1999049620.982.80$1,391
Sep 1999064521.752.62$1,689
Aug 1999077919.262.88$2,240
Jul 1999069917.892.37$1,658
Jun 1999089215.942.36$2,107
May 1999088415.792.32$2,052
Apr 1999086015.102.21$1,899
Mar 199901,00312.471.84$1,844
Feb 199908319.981.82$1,511
Jan 1999078110.381.90$1,484
Dec 199809239.201.77$1,637
Nov 1998084910.892.19$1,856
Oct 1998077312.421.97$1,522
Sep 1998081712.592.08$1,702
Aug 1998076711.301.91$1,463
Jul 19983584311.742.24$2,297
Jun 1998090111.242.24$2,016
May 19984644912.622.21$1,571
Apr 1998050113.042.51$1,255
Mar 1998152212.802.31$1,218
Feb 1998094413.952.30$2,170
Jan 1998064414.702.15$1,388
Dec 1997067016.322.41$1,615
Nov 1997043718.193.09$1,350
Oct 1997091919.253.15$2,895
Sep 1997094217.742.95$2,784
Aug 199701,20017.862.55$3,066
Jul 1997080717.582.25$1,813
Jun 1997074417.242.26$1,679
May 199701,08518.972.31$2,505
Apr 1997071917.882.08$1,498
Mar 1997059018.951.94$1,144
Feb 1997018820.492.21$415
Jan 1997076023.483.54$2,690
Dec 1996021623.32$0
Nov 199601,11321.97$0
Oct 199601,23123.31$0
Sep 1996080622.22$0
Aug 1996064720.26$0
Jul 1996175119.55$20
Jun 1996045118.73$0
May 1996074019.43$0
Apr 1996185921.51$22
Mar 1996071719.38$0
Feb 1996170716.98$17
Jan 199611,09317.07$17
Dec 199501,81817.19$0
Nov 199501,65016.00$0
Oct 1995073715.43$0
Sep 1995094616.18$0
Aug 1995069815.92$0
Jul 1995196515.24$15
Jun 199501,05516.41$0
May 199501,10917.56$0
Apr 199511,31117.73$18
Mar 1995038816.44$0
Feb 1995076316.58$0
Jan 1995036315.92$0
Dec 1994038915.03$0
Nov 1994087515.90$0
Oct 1994081015.58$0
Sep 1994483215.29$61
Aug 1994090316.13$0
Jul 1994075117.56$0
Jun 1994070917.09$0
May 1994067315.88$0
Apr 1994074814.14$0
Mar 1994079812.46$0
Feb 1994048312.50$0
Jan 199401,00912.66$0
Dec 1993098312.33$0
Nov 199301,10814.49$0
Oct 1993037715.85$0
Sep 1993068315.03$0
Aug 1993030815.66$0
Jul 1993041515.46$0
Jun 1993053616.79$0
May 1993051517.68$0
Apr 1993048518.05$0
Mar 1993057218.14$0
Feb 1993054517.90$0
Jan 1993078216.93$0

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 2023 — as filed, then multipliedworked
Condensate             7 bbl  × $ 78.12 =       $547
Gas                    0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                     $547

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/87081 is the state's own key, not one this site invented.