PEARSON, JOE

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

Gas lease lease 87342District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$11.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$62 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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
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
CondensateDisposition5,359 bbl$231,172
GasProduction2,357,806 Mcf$10,849,741
Total$11,080,914

170,545 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 32.3641, -94.6424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36414, -94.64241 · 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
10,680 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 10,680 ft.

Completions filed
Feb 1980
1 of 1 wells

1 well

42-40130897110,680 ftFeb 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 202601,245106.413.05$3,792
Apr 202601,33198.932.87$3,820
Mar 202601,40589.753.15$4,425
Feb 2026078063.503.75$2,925
Jan 202601,74459.138.00$13,948
Dec 202501,38156.664.41$6,095
Nov 202501,17058.593.93$4,594
Oct 202501,25159.383.30$4,134
Sep 202501,10562.743.08$3,400
Aug 202501,45163.933.01$4,374
Jul 202502,02166.743.32$6,700
Jun 202501,36466.483.13$4,268
May 2025071660.553.23$2,314
Apr 2025065762.363.54$2,328
Mar 2025063167.704.27$2,693
Feb 202501,04670.884.34$4,541
Jan 202501,13174.324.28$4,839
Dec 202401,22768.993.12$3,830
Nov 202401,18469.052.20$2,603
Oct 2024093371.372.28$2,129
Sep 2024089569.612.36$2,116
Aug 2024093475.632.06$1,927
Jul 202401,42279.932.15$3,052
Jun 202401,36678.082.63$3,598
May 202401,31778.812.20$2,895
Apr 202401,39584.451.66$2,315
Mar 202401,37380.301.55$2,121
Feb 202401,29476.091.78$2,308
Jan 202401,25373.023.30$4,132
Dec 202301,28071.262.61$3,342
Nov 202301,33677.892.81$3,751
Oct 202301,38185.443.09$4,264
Sep 202301,31889.042.74$3,605
Aug 202301,43080.522.67$3,822
Jul 202301,42374.852.64$3,759
Jun 202301,34268.962.26$3,031
May 202301,40370.622.23$3,125
Apr 202301,34178.122.24$3,001
Mar 202301,37672.852.39$3,293
Feb 202301,21975.112.47$3,006
Jan 202301,36076.533.39$4,607
Dec 202201,50476.415.73$8,617
Nov 202201,30885.005.65$7,385
Oct 202201,40887.185.86$8,256
Sep 202201,36884.888.16$11,168
Aug 202201,42194.529.13$12,970
Jul 202201,361101.587.54$10,265
Jun 202201,349115.097.98$10,761
May 202201,338109.378.43$11,283
Apr 202201,156104.226.84$7,904
Mar 202201,185108.885.08$6,016
Feb 202201,27791.054.86$6,205
Jan 202201,42181.844.54$6,448
Dec 202101,37271.323.90$5,350
Nov 202101,36977.435.24$7,169
Oct 202101,47179.795.71$8,405
Sep 202101,38669.865.35$7,416
Aug 202101,47666.024.22$6,230
Jul 202101,39070.783.98$5,535
Jun 202101,36569.493.38$4,615
May 202101,47263.483.02$4,442
Apr 202101,44160.362.76$3,975
Mar 202101,52961.302.72$4,154
Feb 202101,29257.805.55$7,168
Jan 202101,42650.412.81$4,007
Dec 202001,47744.642.68$3,952
Nov 202001,22138.772.71$3,305
Oct 202001,53236.972.48$3,797
Sep 202001,48437.091.99$2,955
Aug 202001,49539.982.39$3,566
Jul 202001,33638.371.83$2,438
Jun 202001,49134.901.69$2,520
May 202001,60016.921.81$2,904
Apr 202001,28614.751.80$2,320
Mar 202001,54330.341.86$2,864
Feb 202001,50449.881.98$2,979
Jan 202001,58057.252.09$3,310
Dec 201901,55759.012.30$3,588
Nov 201901,47955.302.75$4,068
Oct 201901,49953.472.42$3,625
Sep 201901,64355.052.66$4,366
Aug 201901,61053.112.30$3,710
Jul 201901,70156.272.46$4,185
Jun 201901,51452.782.49$3,772
May 201901,53858.482.74$4,215
Apr 201901,35062.632.75$3,713
Mar 201901,61356.803.06$4,939
Feb 201901,39650.852.79$3,898
Jan 201901,62346.033.23$5,239
Dec 201801,62246.594.19$6,789
Nov 201801,80552.934.24$7,648
Oct 201801,79861.443.40$6,110
Sep 201801,77159.543.11$5,504
Aug 201801,81159.403.07$5,554
Jul 201801,91265.142.93$5,606
Jun 201801,93360.183.08$5,948
May 201801,76665.382.90$5,123
Apr 201801,59563.842.90$4,627
Mar 201801,98861.222.79$5,540
Feb 201801,50561.782.77$4,163
Jan 201801,73862.874.01$6,968
Dec 201701,83257.272.92$5,352
Nov 201701,51655.423.12$4,727
Oct 201701,76949.292.98$5,278
Sep 201701,69847.523.09$5,242
Aug 201701,86545.373.00$5,603
Jul 201701,77843.873.09$5,489
Jun 201702,14442.493.09$6,619
May 201701,50845.373.26$4,921
Apr 201701,62547.933.21$5,219
Mar 201701,77846.772.98$5,305
Feb 201701,71050.452.95$5,049
Jan 201701,90949.413.42$6,526
Dec 201602,00348.763.72$7,457
Nov 201621,93042.492.64$5,189
Oct 201601,97946.193.09$6,116
Sep 201601,38741.553.10$4,301
Aug 201601,80141.442.92$5,267
Jul 201601,84541.622.92$5,395
Jun 201601,88045.352.69$5,049
May 201602,07142.521.99$4,123
Apr 201601,92936.561.99$3,841
Mar 201602,23433.011.79$4,008
Feb 201602,21226.472.06$4,565
Jan 201602,48627.352.36$5,878
Dec 201502,66432.362.00$5,332
Nov 201502,41038.792.17$5,223
Oct 201502,61843.552.43$6,353
Sep 201502,89842.992.76$7,994
Aug 2015353,18140.162.87$10,543
Jul 201503,42548.152.95$10,087
Jun 201503,22256.152.88$9,289
May 201503,30255.212.96$9,759
Apr 201503,30949.822.71$8,956
Mar 2015653,30642.892.93$12,490
Feb 201503,03244.662.98$9,024
Jan 201503,40443.433.10$10,555
Dec 201403,64354.693.59$13,083
Nov 201403,16770.464.25$13,466
Oct 201403,48678.303.90$13,599
Sep 201403,41486.164.05$13,811
Aug 201403,75589.394.04$15,152
Jul 201403,85996.564.18$16,129
Jun 2014683,61698.164.74$23,803
May 201402,36494.734.73$11,174
Apr 201403,94195.944.81$18,953
Mar 201404,29995.895.06$21,739
Feb 201404,02397.406.19$24,910
Jan 201404,23490.404.86$20,580
Dec 201303,88791.824.35$16,926
Nov 201304,04888.853.74$15,133
Oct 2013674,51197.423.78$23,576
Sep 201304,334104.113.72$16,113
Aug 201304,366104.253.52$15,380
Jul 201364,287102.523.72$16,553
Jun 201314,08494.403.93$16,158
May 201314,28794.834.15$17,882
Apr 201304,33593.964.28$18,565
Mar 2013673,82193.623.91$21,224
Feb 201304,09791.233.42$14,011
Jan 201304,54691.603.42$15,547
Dec 201214,44886.773.42$15,300
Nov 201214,60186.953.62$16,765
Oct 201204,80189.383.40$16,322
Sep 201204,55594.672.92$13,293
Aug 2012674,63992.662.91$19,699
Jul 201204,97785.133.02$15,035
Jun 201204,97379.822.52$12,527
May 201205,28791.612.49$13,156
Apr 201205,114101.652.00$10,212
Mar 2012464,979105.052.22$15,896
Feb 201225,029101.102.57$13,128
Jan 201225,68398.092.73$15,734
Dec 201135,54496.873.24$18,252
Nov 2011205,23495.723.31$19,246
Oct 201104,96984.983.65$18,130
Sep 201125,06483.623.99$20,351
Aug 201105,51083.404.15$22,863
Jul 201105,44194.144.52$24,578
Jun 201105,20592.904.64$24,151
May 2011695,52598.134.40$31,108
Apr 201125,011105.964.33$21,926
Mar 201115,23796.364.06$21,345
Feb 201164,83185.644.18$20,707
Jan 201125,44786.504.59$25,168
Dec 201035,68985.734.35$24,992
Nov 2010515,25180.843.80$24,052
Oct 201015,73478.103.51$20,198
Sep 201015,84072.633.98$23,313
Aug 201036,15973.684.42$27,440
Jul 201006,19972.554.74$29,362
Jun 201076,08170.364.91$30,353
May 201016,40171.124.24$27,181
Apr 201065,59081.694.12$23,536
Mar 201006,13678.394.39$26,929
Feb 201035,73473.585.44$31,427
Jan 2010685,88474.365.96$40,149
Dec 200945,72471.445.48$31,675
Nov 200926,00674.593.75$22,681
Oct 200915,32872.544.11$21,972
Sep 2009935,56665.543.06$23,154
Aug 200904,23967.423.22$13,643
Jul 200924,24861.133.46$14,839
Jun 200915,23566.163.90$20,456
May 2009944,02054.743.93$20,927
Apr 200904,11046.773.59$14,745
Mar 200904,43442.144.06$17,998
Feb 200904,15932.814.63$19,269
Jan 2009934,76435.865.37$28,922
Dec 2008964,58137.105.98$30,943
Nov 200805,04755.496.86$34,624
Oct 200805,57475.246.92$38,583
Sep 2008965,422101.767.88$52,479
Aug 200805,843114.228.48$49,566
Jul 2008916,150131.0811.39$81,973
Jun 2008926,127131.3313.03$91,933
May 2008866,310123.1711.57$83,626
Apr 2008328,339110.3110.45$296,611
Mar 200806,738101.909.66$65,117
Feb 200806,84292.538.77$60,008
Jan 200807,73590.388.21$63,471
Dec 200707,72088.337.30$56,371
Nov 200706,99091.677.29$50,969
Oct 2007805,72882.856.92$46,277
Sep 200705,51475.846.24$34,430
Aug 200707,29169.066.39$46,574
Jul 200705,98270.906.39$38,213
Jun 200705,72662.007.55$43,222
May 2007857,72258.747.85$65,582
Apr 200706,57959.617.81$51,350
Mar 200707,48656.927.30$54,663
Feb 200706,64355.108.22$54,579
Jan 200708,94550.306.73$60,172
Dec 200657,81456.656.92$54,344
Nov 200607,18854.207.62$54,754
Oct 200608,06354.906.01$48,489
Sep 200627,76160.085.04$39,214
Aug 200608,01868.717.34$58,851
Jul 200607,48769.376.34$47,488
Jun 2006866,48766.286.38$47,112
May 200607,23866.016.42$46,504
Apr 200607,65164.397.36$56,315
Mar 200609,11356.707.08$64,547
Feb 200607,72357.597.75$59,862
Jan 200608,35560.598.93$74,638
Dec 2005968,65654.9413.42$121,398
Nov 200509,10354.6910.59$96,386
Oct 200509,52158.3413.80$131,349
Sep 200509,19961.4512.08$111,115
Aug 200509,66861.519.80$94,716
Jul 2005010,00255.697.84$78,452
Jun 200506,87452.337.38$50,737
May 2005698,19045.226.65$57,593
Apr 200509,78449.207.36$72,015
Mar 20058110,48450.377.15$79,092
Feb 2005110,53845.226.31$66,560
Jan 2005712,32943.166.32$78,249
Dec 2004012,38839.866.75$83,632
Nov 2004022,17545.286.33$140,377
Oct 2004011,77749.706.52$76,728
Sep 2004011,90743.245.28$62,915
Aug 2004012,58342.375.55$69,844
Jul 20049313,07838.286.08$83,129
Jun 2004013,12236.106.43$84,414
May 2004013,95937.486.49$90,658
Apr 2004214,22334.475.86$83,394
Mar 200412514,56734.365.53$84,853
Feb 2004012,92232.455.51$71,195
Jan 2004114,17732.036.30$89,342
Dec 2003114,17730.266.30$89,369
Nov 2003014,89728.804.60$68,454
Oct 2003015,94128.174.76$75,873
Sep 200313315,33126.314.75$76,312
Aug 2003016,74229.765.13$85,882
Jul 2003617,14529.415.17$88,831
Jun 2003016,56328.565.98$99,096
May 2003517,71726.595.97$105,951
Apr 2003117,01726.675.41$92,042
Mar 2003018,05731.146.10$110,076
Feb 20033616,10533.487.93$128,852
Jan 20039816,24930.315.58$93,673
Dec 2002015,73126.914.85$76,355
Nov 2002010,92424.664.14$45,192
Oct 20028011,81626.464.23$52,088
Sep 2002011,75927.443.64$42,746
Aug 2002312,83025.963.16$40,674
Jul 20027713,07324.583.06$41,919
Jun 20021012,86823.733.34$43,194
May 2002313,93024.663.58$49,999
Apr 20027914,13423.653.51$51,511
Mar 2002614,80422.003.10$46,065
Feb 2002013,61218.222.38$32,338
Jan 200210615,48717.172.38$38,612
Dec 2001416,04316.932.36$38,000
Nov 200110415,56318.072.41$39,316
Oct 2001516,90519.782.53$42,850
Sep 2001316,91824.262.25$38,161
Aug 20019318,44724.873.05$58,635
Jul 20019119,81723.933.20$65,534
Jun 2001120,26624.563.82$77,525
May 200110622,27125.524.31$98,633
Apr 2001021,80524.685.34$116,337
Mar 2001124,90624.545.38$133,930
Feb 200111423,87327.755.77$140,841
Jan 2001528,52627.478.40$239,720
Dec 200011130,90426.889.12$284,905
Nov 200015532,97432.215.66$191,559
Oct 2000640,52631.235.15$208,714
Sep 200015748,13731.875.19$254,666
Aug 200014769,63529.644.54$320,552
Jul 2000516,43928.534.09$67,374
Jun 200013,23629.304.40$14,259
May 2000516,43327.263.68$25,062
Apr 200025,41324.513.12$16,916
Mar 200003,91728.422.86$11,202
Feb 2000525,22127.622.73$15,671
Jan 200037,61525.272.48$18,965
Dec 199948,69724.282.42$21,176
Nov 1999555,63223.192.43$14,984
Oct 199913,88620.982.80$10,916
Sep 199903,25521.752.62$8,524
Aug 1999333,29519.262.88$10,111
Jul 199913,00417.892.37$7,144
Jun 199914,14215.942.36$9,800
May 199914,26015.792.32$9,903
Apr 1999565,21215.102.21$12,354
Mar 199905,99712.471.84$11,024
Feb 199907,6699.981.82$13,941
Jan 199906,68210.381.90$12,695
Dec 1998657,3639.201.77$13,655
Nov 199805,83410.892.19$12,751
Oct 199804,18212.421.97$8,235
Sep 199804,76012.592.08$9,913
Aug 199805,33511.301.91$10,176
Jul 1998668,65811.742.24$20,145
Jun 199807,11711.242.24$15,923
May 199807,11712.622.21$15,703
Apr 199809,60213.042.51$24,056
Mar 1998628,45412.802.31$20,318
Feb 199808,01813.952.30$18,434
Jan 1998010,79414.702.15$23,259
Dec 19976812,46916.322.41$31,174
Nov 199702,92318.193.09$9,027
Oct 1997232,93419.253.15$9,684
Sep 199702,48417.742.95$7,340
Aug 199702,40417.862.55$6,142
Jul 1997263,09517.582.25$7,411
Jun 199712,67617.242.26$6,058
May 199712,76118.972.31$6,393
Apr 1997383,89617.882.08$8,794
Mar 199703,37718.951.94$6,548
Feb 199733,25420.492.21$7,239
Jan 1997343,83523.483.54$14,373
Dec 199624,33923.32$47
Nov 1996537,23121.97$1,164
Oct 199604,52323.31$0
Sep 199601,35522.22$0
Aug 199671,04620.26$142
Jul 1996069619.55$0
Jun 199603,21218.73$0
May 1996192,85819.43$369
Apr 199602,76221.51$0
Mar 199604,09719.38$0
Feb 1996254,04616.98$425
Jan 1996203,98517.07$341
Dec 199523,24817.19$34
Nov 1995303,05116.00$480
Oct 1995133,00415.43$201
Sep 199506,33316.18$0
Aug 1995553,57115.92$876
Jul 1995923,90115.24$1,402
Jun 1995254,66816.41$410
May 199571,70417.56$123
Apr 199502,78817.73$0
Mar 199502,99816.44$0
Feb 199503,38116.58$0
Jan 199503,02415.92$0
Dec 199404,24515.03$0
Nov 199403,10615.90$0
Oct 199403,25615.58$0
Sep 199403,14115.29$0
Aug 19941823,37316.13$2,936
Jul 199403,18017.56$0
Jun 1994603,53617.09$1,025
May 199403,12915.88$0
Apr 199404,19014.14$0
Mar 199404,08712.46$0
Feb 199404,01912.50$0
Jan 199405,12412.66$0
Dec 199333,89712.33$37
Nov 199303,50914.49$0
Oct 199303,60015.85$0
Sep 199303,64315.03$0
Aug 199303,77215.66$0
Jul 199303,53215.46$0
Jun 199303,71016.79$0
May 19931973,56817.68$3,483
Apr 199303,63518.05$0
Mar 199303,77018.14$0
Feb 199303,72817.90$0
Jan 199303,97416.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,245 Mcf  × $  3.05 =     $3,792

────────────────────────────────────────────────────
Month total                                   $3,792

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/87342 is the state's own key, not one this site invented.