GLADEWATER GU 3

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 87549District 06Field 35134500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$32.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$636 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
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
CondensateDisposition25,105 bbl$1,072,529
GasProduction7,831,669 Mcf$31,482,467
Total$32,554,996

698,240 Mcf of this lease's gas, across 45 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 32.5872, -94.9466. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58718, -94.94656 · 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
11,804 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 11,804 ft.

Completions filed
Nov 2001
1 of 1 wells

1 well

42-45930438111,804 ftNov 2001

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 20261113,494106.413.05$42,271
Apr 20261013,23398.932.87$38,964
Mar 2026913,95389.753.15$44,752
Feb 2026912,97363.503.75$49,224
Jan 20261014,44359.138.00$116,105
Dec 20251014,31156.664.41$63,726
Nov 20251013,25758.593.93$52,639
Oct 20251014,50859.383.30$48,540
Sep 20251113,02462.743.08$40,764
Aug 20251114,01163.933.01$42,943
Jul 20251114,59466.743.32$49,116
Jun 20251414,62266.483.13$46,679
May 20251914,69460.553.23$48,646
Apr 20251714,37462.363.54$51,989
Mar 20251815,25067.704.27$66,310
Feb 20251913,07670.884.34$58,108
Jan 20253913,78374.324.28$61,872
Dec 20243114,01768.993.12$45,891
Nov 20244014,31569.052.20$34,233
Oct 20242615,09271.372.28$36,287
Sep 20243513,26069.612.36$33,788
Aug 20243716,60975.632.06$37,073
Jul 20244613,85979.932.15$33,426
Jun 2024013,15378.082.63$34,645
May 20244914,41778.812.20$35,557
Apr 2024927,89384.451.66$20,865
Mar 202414913,49680.301.55$32,818
Feb 2024014,84076.091.78$26,469
Jan 202412617,26673.023.30$66,138
Dec 20234917,65671.262.61$49,587
Nov 2023020,12177.892.81$56,491
Oct 20231116,99285.443.09$53,399
Sep 202307,06289.042.74$19,315
Aug 2023814,63680.522.67$39,764
Jul 2023113,14874.852.64$34,809
Jun 2023712,70068.962.26$29,165
May 2023016,28470.622.23$36,271
Apr 2023715,23778.122.24$34,644
Mar 2023816,45372.852.39$39,957
Feb 2023015,82275.112.47$39,012
Jan 2023711,37176.533.39$39,057
Dec 2022010,66576.415.73$61,101
Nov 2022817,16185.005.65$97,574
Oct 2022717,97587.185.86$106,011
Sep 2022316,36984.888.16$133,886
Aug 2022923,21294.529.13$212,710
Jul 2022019,152101.587.54$144,446
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202230104.226.84$313
Mar 20220798108.885.08$4,051
Feb 2022813,52291.054.86$66,430
Jan 2022815,72681.844.54$72,014
Dec 2021819,63571.323.90$77,130
Nov 2021915,34377.435.24$81,046
Oct 2021012,14279.795.71$69,378
Sep 2021813,32969.865.35$71,881
Aug 2021013,77766.024.22$58,147
Jul 2021914,24970.783.98$57,378
Jun 2021013,62569.493.38$46,061
May 2021813,96663.483.02$42,653
Apr 2021814,01360.362.76$39,137
Mar 2021013,56861.302.72$36,863
Feb 202189,12857.805.55$51,104
Jan 2021814,10950.412.81$40,053
Dec 2020914,55044.642.68$39,330
Nov 2020014,05538.772.71$38,041
Oct 2020914,26436.972.48$35,685
Sep 2020914,48337.091.99$29,170
Aug 2020015,46439.982.39$36,883
Jul 2020414,79838.371.83$27,162
Jun 2020913,54534.901.69$23,209
May 2020514,80516.921.81$26,952
Apr 2020213,31914.751.80$24,062
Mar 2020414,96930.341.86$27,907
Feb 2020413,83949.881.98$27,610
Jan 2020514,95457.252.09$31,611
Dec 2019315,65059.012.30$36,240
Nov 2019314,74855.302.75$40,733
Oct 20191215,26453.472.42$37,558
Sep 20191614,09355.052.66$38,330
Aug 2019015,35353.112.30$35,379
Jul 20191715,97156.272.46$40,246
Jun 2019013,33752.782.49$33,225
May 20191915,68858.482.74$44,101
Apr 20192815,88362.632.75$45,443
Mar 20193016,80856.803.06$53,172
Feb 20192515,98750.852.79$45,910
Jan 2019292,28646.033.23$8,714
Dec 20183615,54946.594.19$66,757
Nov 20183315,11552.934.24$65,793
Oct 20183717,97261.443.40$63,344
Sep 2018019,93359.543.11$61,952
Aug 20182025,25359.403.07$78,628
Jul 201863,33265.142.93$10,160
Jun 20180060.183.08$0
May 20183311,12865.382.90$34,438
Apr 20182816,84563.842.90$50,652
Mar 20183117,21361.222.79$49,868
Feb 20183215,40861.782.77$44,597
Jan 20181916,58562.874.01$67,689
Dec 20173116,39357.272.92$49,668
Nov 20176217,04655.423.12$56,592
Oct 2017016,87549.292.98$50,350
Sep 20172916,95947.523.09$53,735
Aug 20172817,59245.373.00$54,124
Jul 20173118,54443.873.09$58,610
Jun 20172718,72142.493.09$58,944
May 20172619,01345.373.26$63,227
Apr 20172320,41647.933.21$66,670
Mar 20172124,85246.772.98$75,133
Feb 2017733,08550.452.95$98,040
Jan 20170049.413.42$0
Dec 20163048.763.72$146
Nov 201614042.492.64$595
Oct 2016010,74846.193.09$33,214
Sep 20162320,88941.553.10$65,725
Aug 2016717,59741.442.92$51,750
Jul 201617141.622.92$710
Jun 20162410,73845.352.69$29,929
May 20165016,48642.521.99$34,950
Apr 2016017,43536.561.99$34,714
Mar 20164516,32333.011.79$30,769
Feb 20169016,04026.472.06$35,483
Jan 20164617,52827.352.36$42,701
Dec 20154318,69732.362.00$38,812
Nov 20154121,33238.792.17$47,824
Oct 20153113,94043.552.43$35,177
Sep 20154719,18642.992.76$54,944
Aug 20152220,41640.162.87$59,528
Jul 20154622,05948.152.95$67,180
Jun 20154421,86856.152.88$65,513
May 20154717,19155.212.96$53,402
Apr 20159218,69649.822.71$55,185
Mar 20154619,36642.892.93$58,807
Feb 20154517,16444.662.98$53,093
Jan 20154619,46843.433.10$62,361
Dec 20149920,53354.693.59$79,156
Nov 20144916,84570.464.25$75,075
Oct 20145218,59478.303.90$76,606
Sep 20145118,46386.164.05$79,085
Aug 20145118,57089.394.04$79,491
Jul 201410119,10296.564.18$89,591
Jun 20145117,95098.164.74$90,033
May 20144419,80094.734.73$97,754
Apr 20143818,08095.944.81$90,595
Mar 20145217,85095.895.06$95,250
Feb 20147317,51197.406.19$115,538
Jan 20143518,49190.404.86$93,044
Dec 20136919,38591.824.35$90,747
Nov 20135619,07388.853.74$76,276
Oct 20135620,36797.423.78$82,430
Sep 20135419,158104.113.72$76,846
Aug 201310320,221104.253.52$81,968
Jul 20134820,293102.523.72$80,365
Jun 20134618,83694.403.93$78,432
May 20135819,05794.834.15$84,569
Apr 20132218,49493.964.28$81,269
Mar 20134820,20093.623.91$83,534
Feb 20132119,43091.233.42$68,365
Jan 20134419,55691.603.42$70,910
Dec 20122119,61986.773.42$68,922
Nov 20124217,85686.953.62$68,379
Oct 20121717,54689.383.40$61,170
Sep 20121718,02094.672.92$54,199
Aug 20121818,51892.662.91$55,521
Jul 20123619,10985.133.02$60,789
Jun 20122618,96879.822.52$49,856
May 20128520,29991.612.49$58,297
Apr 20125119,586101.652.00$44,293
Mar 20129320,432105.052.22$55,171
Feb 20124811,504101.102.57$34,421
Jan 201210118,29698.092.73$59,930
Dec 20118918,85296.873.24$69,697
Nov 20112018,97695.723.31$64,749
Oct 2011021,24284.983.65$77,502
Sep 2011015,26083.623.99$60,823
Aug 2011019,50783.404.15$80,941
Jul 2011019,84194.144.52$89,627
Jun 20111119,08492.904.64$89,569
May 20113321,42698.134.40$97,616
Apr 20116418,315105.964.33$86,145
Mar 20114720,05396.364.06$85,891
Feb 20115616,43285.644.18$73,481
Jan 20114413,36686.504.59$65,140
Dec 20106319,68685.734.35$90,991
Nov 20101718,97380.843.80$73,383
Oct 2010720,61878.103.51$72,893
Sep 2010418,94672.633.98$75,686
Aug 2010620,07673.684.42$89,165
Jul 2010721,08672.554.74$100,381
Jun 2010519,06770.364.91$93,978
May 20103519,99971.124.24$87,189
Apr 20102520,51481.694.12$86,615
Mar 20104721,22478.394.39$96,829
Feb 20103516,82773.585.44$94,154
Jan 20103110,15074.365.96$62,841
Dec 20093518,80371.445.48$105,611
Nov 20094218,30174.593.75$71,789
Oct 20095920,99372.544.11$90,566
Sep 20095817,36665.543.06$57,024
Aug 20095718,14967.423.22$62,256
Jul 20096919,34661.133.46$71,242
Jun 20094218,63666.163.90$75,366
May 20095519,08854.743.93$77,945
Apr 20095618,15446.773.59$67,747
Mar 20094319,51142.144.06$81,007
Feb 20094718,01032.814.63$84,982
Jan 20093419,76735.865.37$107,388
Dec 20084419,55537.105.98$118,515
Nov 20085120,23555.496.86$141,649
Oct 20085222,48475.246.92$159,546
Sep 20086017,987101.767.88$147,791
Aug 20086021,259114.228.48$187,194
Jul 20085720,875131.0811.39$245,226
Jun 20085519,811131.3313.03$265,413
May 20085320,152123.1711.57$239,773
Apr 20086620,021110.3110.45$216,597
Mar 20089721,215101.909.66$214,908
Feb 200810419,64692.538.77$181,930
Jan 20089621,88490.388.21$188,251
Dec 20078921,44888.337.30$164,474
Nov 20077121,08491.677.29$160,247
Oct 20073920,79382.856.92$147,160
Sep 20074621,06775.846.24$135,034
Aug 20075221,65669.066.39$141,928
Jul 20073921,15870.906.39$137,921
Jun 20075222,26462.007.55$171,283
May 20073722,93258.747.85$182,104
Apr 20072521,41059.617.81$168,600
Mar 20073324,46956.927.30$180,550
Feb 20073521,68455.108.22$180,084
Jan 20072822,64950.306.73$153,765
Dec 20063423,22456.656.92$162,600
Nov 20063924,96854.207.62$192,307
Oct 20065225,71054.906.01$157,470
Sep 200611223,71360.085.04$126,176
Aug 200610724,76268.717.34$189,103
Jul 200610624,74769.376.34$164,318
Jun 20069222,51566.286.38$149,831
May 200611423,13166.016.42$156,142
Apr 200611022,28064.397.36$171,074
Mar 200614317,82156.707.08$134,333
Feb 200612920,66357.597.75$167,591
Jan 200618722,81260.598.93$215,117
Dec 200513323,56154.9413.42$323,387
Nov 200513922,16254.6910.59$242,262
Oct 200514123,12058.3413.80$327,184
Sep 20058621,85061.4512.08$269,211
Aug 200513122,82061.519.80$231,622
Jul 200510523,14355.697.84$187,373
Jun 200513021,20052.337.38$163,281
May 200516224,16245.226.65$168,031
Apr 200515425,35249.207.36$194,180
Mar 200522524,59450.377.15$187,300
Feb 200518522,19045.226.31$148,427
Jan 200524426,51043.166.32$178,133
Dec 200416425,48139.866.75$178,561
Nov 200415423,36745.286.33$154,896
Oct 200411631,51049.706.52$211,056
Sep 200410430,78943.245.28$167,183
Aug 200412933,20342.375.55$189,764
Jul 20049032,64238.286.08$202,045
Jun 200411429,81636.106.43$195,922
May 200412729,50537.486.49$196,383
Apr 200411029,22934.475.86$175,029
Mar 200416836,65034.365.53$208,452
Feb 200416735,07832.455.51$198,686
Jan 200410026,97632.036.30$173,142
Dec 200322536,91030.266.30$239,402
Nov 200318242,08628.804.60$198,634
Oct 200337945,59828.174.76$227,706
Sep 200341243,42426.314.75$217,076
Aug 200331439,02729.765.13$209,542
Jul 200332936,57229.415.17$198,784
Jun 200348346,74928.565.98$293,492
May 200332448,04326.595.97$295,561
Apr 200339848,37926.675.41$272,213
Mar 200337552,18831.146.10$329,818
Feb 200330157,84833.487.93$468,574
Jan 200332552,62930.315.58$303,628
Dec 200227544,74026.914.85$224,557
Nov 200226947,63024.664.14$203,677
Oct 200220151,46926.464.23$222,987
Sep 200215450,94427.443.64$189,417
Aug 200215053,59325.963.16$173,471
Jul 200216362,56824.583.06$195,575
Jun 200222161,88223.733.34$211,821
May 200227465,26024.663.58$240,649
Apr 200221367,49723.653.51$242,109
Mar 200229277,40322.003.10$246,584
Feb 200228580,75518.222.38$197,041
Jan 2002374112,94117.172.38$274,733
Dec 200130383,21616.932.36$201,886
Nov 2001303,67518.072.41$9,382
Oct 20017312,00319.782.53$31,798
Sep 20015120,46224.262.25$47,304
Aug 20015715,80224.873.05$49,664
Jul 20016015,42023.933.20$50,735
Jun 20014918,18524.563.82$70,746
May 20015519,89225.524.31$87,085
Apr 20014718,79124.685.34$101,416
Mar 20014817,34824.545.38$94,448
Feb 20013016,70627.755.77$97,177
Jan 20013622,75627.478.40$192,111
Dec 20006423,23826.889.12$213,709
Nov 20004317,40932.215.66$99,885
Oct 20004718,47431.235.15$96,526
Sep 20004719,58731.875.19$103,086
Aug 20003321,08029.644.54$96,697
Jul 20006120,27928.534.09$84,676
Jun 20002819,65729.304.40$87,257
May 20005521,63027.263.68$81,092
Apr 20006721,07824.513.12$67,321
Mar 20003722,24728.422.86$64,672
Feb 20007521,26827.622.73$60,059
Jan 20005723,93025.272.48$60,799
Dec 19996820,33724.282.42$50,942
Nov 19996424,21223.192.43$60,416
Oct 19999435,43820.982.80$101,330
Sep 199978,62521.752.62$22,740
Aug 1999915,55519.262.88$44,903
Jul 1999813,15517.892.37$31,352
Jun 199976,12115.942.36$14,570
May 199998,77115.792.32$20,500
Apr 19992912,03515.102.21$27,012
Mar 19995514,73712.471.84$27,777
Feb 19995112,1779.981.82$22,644
Jan 19994912,52810.381.90$24,311
Dec 19984711,7469.201.77$21,262
Nov 19985312,30110.892.19$27,464
Oct 19985414,92512.421.97$30,061
Sep 19984112,37712.592.08$26,293
Aug 19982811,37411.301.91$22,011
Jul 19984714,72611.742.24$33,498
Jun 19985216,39611.242.24$37,267
May 19985518,74412.622.21$42,050
Apr 19985415,67613.042.51$39,978
Mar 19988714,52812.802.31$34,665
Feb 1998468,14413.952.30$19,366
Jan 1998608,76114.702.15$19,760
Dec 19977912,85816.322.41$32,291
Nov 19976715,03218.193.09$47,641
Oct 19979013,95919.253.15$45,701
Sep 19976812,98517.742.95$39,575
Aug 19977914,78917.862.55$39,193
Jul 19978015,55617.582.25$36,360
Jun 19979814,23017.242.26$33,809
May 19978214,52718.972.31$35,091
Apr 19974212,33517.882.08$26,442
Mar 19974415,21318.951.94$30,334
Feb 19975014,83720.492.21$33,753
Jan 19974817,32823.483.54$62,463
Dec 19964513,32223.32$1,049
Nov 19962813,55021.97$615
Oct 19965115,20123.31$1,189
Sep 19964313,71722.22$955
Aug 19964115,68020.26$831
Jul 19964513,08719.55$880
Jun 19965516,15918.73$1,030
May 19965015,83619.43$972
Apr 19968215,81021.51$1,764
Mar 19968913,40819.38$1,725
Feb 199610018,17116.98$1,698
Jan 19966518,62117.07$1,110
Dec 19956621,34417.19$1,135
Nov 19954510,82416.00$720
Oct 19953812,85115.43$586
Sep 19952614,93616.18$421
Aug 19952715,25115.92$430
Jul 19952616,66215.24$396
Jun 19953413,78416.41$558
May 19956414,49517.56$1,124
Apr 199514416,94117.73$2,553
Mar 199519814,28716.44$3,255
Feb 199524814,33416.58$4,112
Jan 199525016,84315.92$3,980
Dec 199424518,01415.03$3,682
Nov 199416615,71315.90$2,639
Oct 19943212,63515.58$499
Sep 19944117,46515.29$627
Aug 19942610,91616.13$419
Jul 19943510,17517.56$615
Jun 19944215,76317.09$718
May 19944617,18415.88$730
Apr 19944016,51714.14$566
Mar 19943314,20012.46$411
Feb 19944117,06112.50$513
Jan 19943716,96912.66$468
Dec 19933713,93612.33$456
Nov 19934118,07214.49$594
Oct 19933423,32815.85$539
Sep 19932627,84415.03$391
Aug 19931015.66$16
Jul 19932015.46$31
Jun 19938016.79$134
May 1993267,83917.68$460
Apr 19934219,75018.05$758
Mar 19935619,03118.14$1,016
Feb 19934515,28517.90$806
Jan 1993585,42916.93$982

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            11 bbl  × $106.41 =     $1,171
Gas               13,494 Mcf  × $  3.05 =    $41,101

────────────────────────────────────────────────────
Month total                                  $42,271

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/87549 is the state's own key, not one this site invented.