WADY, RM GU1

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 97475District 06Field 35134500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$10.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$65 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
CondensateDisposition3,450 bbl$127,970
GasProduction2,907,086 Mcf$10,383,802
Total$10,511,772

545,531 Mcf of this lease's gas, across 47 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 32.4795, -94.9772. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47951, -94.97716 · 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
12,000 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 12,000 ft.

Completions filed
Jun 2001
1 of 1 wells

1 well

42-18330516112,000 ftJun 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 202602,926106.413.05$8,912
Apr 2026112,33698.932.87$7,792
Mar 2026111,07189.753.15$4,360
Feb 2026094963.503.75$3,559
Jan 2026111,01859.138.00$8,792
Dec 202501,21556.664.41$5,362
Nov 2025111,18758.593.93$5,305
Oct 202501,22059.383.30$4,032
Sep 202501,18962.743.08$3,658
Aug 2025111,16063.933.01$4,200
Jul 2025101,24866.743.32$4,805
Jun 202501,36866.483.13$4,280
May 2025090660.553.23$2,928
Apr 202501,38662.363.54$4,911
Mar 2025121,51467.704.27$7,275
Feb 202501,40870.884.34$6,112
Jan 2025121,53974.324.28$7,477
Dec 202401,50768.993.12$4,704
Nov 202401,53369.052.20$3,370
Oct 2024111,56571.372.28$4,355
Sep 202401,57669.612.36$3,726
Aug 202401,85075.632.06$3,818
Jul 202402,22079.932.15$4,765
Jun 202472,30778.082.63$6,623
May 202482,51378.812.20$6,155
Apr 202402,46984.451.66$4,097
Mar 2024102,80080.301.55$5,129
Feb 202403,10076.091.78$5,529
Jan 202492,62173.023.30$9,300
Dec 2023123,72471.262.61$10,577
Nov 202302,54577.892.81$7,145
Oct 2023153,47285.443.09$12,001
Sep 202303,67389.042.74$10,046
Aug 2023163,79680.522.67$11,435
Jul 202303,71174.852.64$9,804
Jun 202303,33868.962.26$7,539
May 2023153,77470.622.23$9,466
Apr 2023153,84578.122.24$9,776
Mar 2023173,85972.852.39$10,474
Feb 202302,33775.112.47$5,762
Jan 2023153,38576.533.39$12,615
Dec 2022174,20976.415.73$25,413
Nov 202203,40085.005.65$19,197
Oct 2022163,72587.185.86$23,237
Sep 2022183,84484.888.16$32,909
Aug 2022133,62794.529.13$34,333
Jul 2022303,903101.587.54$32,484
Jun 202203,843115.097.98$30,656
May 202203,769109.378.43$31,784
Apr 2022483,955104.226.84$32,045
Mar 202203,581108.885.08$18,179
Feb 202203,48791.054.86$16,943
Jan 2022433,71081.844.54$20,354
Dec 202103,84171.323.90$14,977
Nov 202103,73277.435.24$19,544
Oct 202103,93579.795.71$22,484
Sep 2021153,62169.865.35$20,424
Aug 202104,06866.024.22$17,169
Jul 2021153,94570.783.98$16,771
Jun 202103,83769.493.38$12,971
May 2021154,06963.483.02$13,231
Apr 2021153,86660.362.76$11,569
Mar 202103,92561.302.72$10,664
Feb 2021143,23457.805.55$18,751
Jan 2021173,94550.412.81$11,943
Dec 2020164,12344.642.68$11,745
Nov 202003,96938.772.71$10,742
Oct 2020154,14236.972.48$10,820
Sep 2020173,78837.091.99$8,173
Aug 202004,07339.982.39$9,715
Jul 2020184,09038.371.83$8,155
Jun 2020244,00434.901.69$7,606
May 202004,21516.921.81$7,649
Apr 2020254,14714.751.80$7,852
Mar 2020244,27630.341.86$8,665
Feb 202004,21249.881.98$8,343
Jan 2020234,59657.252.09$10,944
Dec 2019214,21559.012.30$10,952
Nov 201904,62655.302.75$12,725
Oct 201904,25953.472.42$10,301
Sep 201904,42055.052.66$11,745
Aug 201904,61753.112.30$10,639
Jul 201904,94756.272.46$12,170
Jun 201904,49452.782.49$11,195
May 201904,95158.482.74$13,567
Apr 201901,83762.632.75$5,053
Mar 201903,96756.803.06$12,147
Feb 201903,68150.852.79$10,278
Jan 201904,18646.033.23$13,513
Dec 201804,25646.594.19$17,813
Nov 201804,04752.934.24$17,148
Oct 201804,63161.443.40$15,737
Sep 201804,42559.543.11$13,753
Aug 201804,89759.403.07$15,017
Jul 201804,98165.142.93$14,604
Jun 201804,99260.183.08$15,360
May 201805,07765.382.90$14,727
Apr 201804,87163.842.90$14,130
Mar 201805,96661.222.79$16,626
Feb 201804,36661.782.77$12,077
Jan 201804,09462.874.01$16,414
Dec 201706,68257.272.92$19,522
Nov 201702,32655.423.12$7,253
Oct 201701,25549.292.98$3,745
Sep 201704,45747.523.09$13,760
Aug 201705,60645.373.00$16,843
Jul 201706,49143.873.09$20,040
Jun 201704,28842.493.09$13,238
May 201706945.373.26$225
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170449.413.42$14
Dec 201606948.763.72$257
Nov 20160042.492.64$0
Oct 201602,83246.193.09$8,752
Sep 201604,44341.553.10$13,776
Aug 201604,74541.442.92$13,876
Jul 201604,26241.622.92$12,464
Jun 201604,60645.352.69$12,371
May 201604,74042.521.99$9,438
Apr 201604,75036.561.99$9,457
Mar 201604,75933.011.79$8,538
Feb 201604,97826.472.06$10,273
Jan 201605,09227.352.36$12,039
Dec 201505,06032.362.00$10,127
Nov 201505,08138.792.17$11,012
Oct 201505,39643.552.43$13,094
Sep 201505,06342.992.76$13,966
Aug 201505,43840.162.87$15,621
Jul 201505,75048.152.95$16,934
Jun 201505,04956.152.88$14,556
May 201505,77355.212.96$17,062
Apr 201505,34649.822.71$14,469
Mar 201505,34942.892.93$15,698
Feb 201505,11144.662.98$15,211
Jan 201505,60843.433.10$17,388
Dec 201405,97654.693.59$21,462
Nov 201405,40370.464.25$22,973
Oct 201405,31978.303.90$20,749
Sep 201405,62386.164.05$22,748
Aug 201405,95589.394.04$24,029
Jul 201405,99496.564.18$25,053
Jun 201405,70998.164.74$27,043
May 201416,08694.734.73$28,861
Apr 201405,98495.944.81$28,778
Mar 201446,65995.895.06$34,057
Feb 201405,73597.406.19$35,511
Jan 201405,65090.404.86$27,463
Dec 201306,10291.824.35$26,571
Nov 201306,07388.853.74$22,703
Oct 201306,28797.423.78$23,761
Sep 201305,958104.113.72$22,150
Aug 201306,291104.253.52$22,161
Jul 201306,497102.523.72$24,154
Jun 201306,01094.403.93$23,640
May 201306,55194.834.15$27,181
Apr 201306,33293.964.28$27,117
Mar 201316,79593.623.91$26,682
Feb 201326,06291.233.42$20,914
Jan 201358,07591.603.42$28,074
Dec 201207,20086.773.42$24,625
Nov 2012146,69386.953.62$25,479
Oct 2012157,52589.383.40$26,923
Sep 201207,92394.672.92$23,122
Aug 2012157,82892.662.91$24,155
Jul 201208,79585.133.02$26,568
Jun 201249,17579.822.52$23,431
May 2012011,44691.612.49$28,481
Apr 2012012,564101.652.00$25,088
Mar 201201,088105.052.22$2,418
Feb 201200101.102.57$0
Jan 20121098.092.73$98
Dec 20112196.873.24$197
Nov 20110595.723.31$17
Oct 20117884.983.65$624
Sep 201102,06383.623.99$8,223
Aug 2011135,28883.404.15$23,026
Jul 201155,59094.144.52$25,722
Jun 201116,15992.904.64$28,670
May 201105,39998.134.40$23,782
Apr 201105,337105.964.33$23,127
Mar 201105,15896.364.06$20,928
Feb 201107,37385.644.18$30,819
Jan 201102,97886.504.59$13,665
Dec 201006,07685.734.35$26,417
Nov 201006,08980.843.80$23,110
Oct 201005,81278.103.51$20,394
Sep 201015,43572.633.98$21,701
Aug 201005,78773.684.42$25,575
Jul 201016,14972.554.74$29,197
Jun 201006,17670.364.91$30,327
May 201066,18571.124.24$26,622
Apr 2010126,11881.694.12$26,203
Mar 2010106,51478.394.39$29,372
Feb 201085,77773.585.44$32,029
Jan 201055,77274.365.96$34,797
Dec 200906,27071.445.48$34,383
Nov 200906,17474.593.75$23,162
Oct 200905,45072.544.11$22,401
Sep 200906,12565.543.06$18,772
Aug 200906,72667.423.22$21,648
Jul 200906,23561.133.46$21,601
Jun 200906,46766.163.90$25,189
May 200906,55354.743.93$25,725
Apr 200906,46046.773.59$23,175
Mar 200917,51642.144.06$30,550
Feb 200916,82332.814.63$31,644
Jan 200907,57035.865.37$40,658
Dec 200827,41237.105.98$44,377
Nov 200806,75755.496.86$46,355
Oct 200857,75875.246.92$54,077
Sep 200806,790101.767.88$53,485
Aug 200877,570114.228.48$65,016
Jul 2008105,761131.0811.39$66,925
Jun 2008186,542131.3313.03$87,623
May 2008117,587123.1711.57$89,169
Apr 2008116,593110.3110.45$70,142
Mar 2008107,315101.909.66$71,712
Feb 200887,38292.538.77$65,485
Jan 200897,75590.388.21$64,449
Dec 2007117,94488.337.30$58,978
Nov 200787,75291.677.29$57,259
Oct 200787,94482.856.92$55,651
Sep 200788,07675.846.24$51,035
Aug 200796,94269.066.39$44,967
Jul 2007107,82370.906.39$50,682
Jun 200707,65562.007.55$57,783
May 200757,72058.747.85$60,867
Apr 200747,89959.617.81$61,892
Mar 200786,63756.927.30$48,919
Feb 200747,27155.108.22$59,959
Jan 200748,00250.306.73$54,029
Dec 200648,18456.656.92$56,847
Nov 200648,22054.207.62$62,832
Oct 200648,48754.906.01$51,259
Sep 200648,37160.085.04$42,407
Aug 200648,42868.717.34$62,136
Jul 200638,36869.376.34$53,284
Jun 200638,43166.286.38$54,021
May 2006108,66066.016.42$56,301
Apr 2006118,31664.397.36$61,918
Mar 2006279,13656.707.08$66,240
Feb 2006158,10257.597.75$63,663
Jan 2006149,24660.598.93$83,446
Dec 2005158,81854.9413.42$119,121
Nov 2005148,95654.6910.59$95,595
Oct 20051910,17758.3413.80$141,508
Sep 200508,52761.4512.08$102,998
Aug 20051010,28161.519.80$101,336
Jul 2005810,68155.697.84$84,223
Jun 200569,42652.337.38$69,888
May 2005138,86845.226.65$59,570
Apr 2005610,11449.207.36$74,739
Mar 2005611,15750.377.15$80,129
Feb 2005118,62045.226.31$54,906
Jan 2005410,25543.166.32$65,007
Dec 2004911,20339.866.75$75,991
Nov 200457,30245.286.33$46,451
Oct 200435,12249.706.52$33,519
Sep 200437,28943.245.28$38,644
Aug 2004310,18642.375.55$56,666
Jul 2004310,07038.286.08$61,383
Jun 200439,94536.106.43$64,085
May 200419,61537.486.49$62,483
Apr 200405,35534.475.86$31,372
Mar 200438,74834.365.53$48,481
Feb 200426,20532.455.51$34,252
Jan 200439,65332.036.30$60,907
Dec 2003212,63430.266.30$79,675
Nov 2003412,67728.804.60$58,368
Oct 2003512,74028.174.76$60,779
Sep 2003212,01726.314.75$57,126
Aug 2003212,87529.765.13$66,105
Jul 2003613,25829.415.17$68,731
Jun 2003713,49928.565.98$80,964
May 2003611,93526.595.97$71,443
Apr 20031313,47226.675.41$73,194
Mar 20031914,56731.146.10$89,393
Feb 20031613,96933.487.93$111,252
Jan 2003713,47030.315.58$75,402
Dec 20021314,31026.914.85$69,807
Nov 20021214,30524.664.14$59,475
Oct 20021116,03026.464.23$68,084
Sep 2002515,31227.443.64$55,799
Aug 2002714,29025.963.16$45,398
Jul 2002715,10124.583.06$46,408
Jun 2002413,94923.733.34$46,660
May 2002814,36324.663.58$51,674
Apr 20021113,76723.653.51$48,614
Mar 20021414,91422.003.10$46,582
Feb 20021914,63118.222.38$35,105
Jan 20021317,06417.172.38$40,762
Dec 20011317,32116.932.36$41,174
Nov 20011217,92418.072.41$43,333
Oct 2001917,26019.782.53$43,826
Sep 2001513,41624.262.25$30,325
Aug 20011218,60024.873.05$57,087
Jul 2001719,94923.933.20$63,946
Jun 20011318,34324.563.82$70,466
May 2001410,55725.524.31$45,574
Apr 20013024.685.34$74
Mar 200133,70624.545.38$19,999
Feb 200187,34927.755.77$42,604
Jan 2001108,73927.478.40$73,671
Dec 2000108,87126.889.12$81,195
Nov 200058,06432.215.66$45,787
Oct 200078,80531.235.15$45,525
Sep 200038,87131.875.19$46,105
Aug 200049,46029.644.54$43,074
Jul 200039,34628.534.09$38,308
Jun 200079,24829.304.40$40,871
May 200049,42927.263.68$34,805
Apr 200079,57424.513.12$30,004
Mar 200049,91128.422.86$28,457
Feb 200089,96827.622.73$27,399
Jan 200078,87025.272.48$22,179
Dec 199949,81124.282.42$23,876
Nov 199979,50723.192.43$23,302
Oct 1999610,30720.982.80$29,024
Sep 199938,20221.752.62$21,545
Aug 199938,47719.262.88$24,434
Jul 1999710,26517.892.37$24,478
Jun 1999310,17415.942.36$24,080
May 199957,92015.792.32$18,461
Apr 1999510,15615.102.21$22,500
Mar 1999311,11712.471.84$20,474
Feb 199949,5879.981.82$17,467
Jan 199978,36510.381.90$15,966
Dec 1998511,0499.201.77$19,639
Nov 199849,99110.892.19$21,881
Oct 199829,93512.421.97$19,589
Sep 1998311,21712.592.08$23,399
Aug 199839,17611.301.91$17,536
Jul 1998210,81211.742.24$24,213
Jun 1998311,48311.242.24$25,724
May 1998310,10112.622.21$22,324
Apr 1998310,04813.042.51$25,213
Mar 1998311,91912.802.31$27,565
Feb 1998210,53113.952.30$24,240
Jan 1998211,19414.702.15$24,150
Dec 1997512,26116.322.41$29,644
Nov 1997311,70518.193.09$36,203
Oct 1997313,40719.253.15$42,287
Sep 1997410,31417.742.95$30,548
Aug 1997210,59817.862.55$27,111
Jul 1997310,44117.582.25$23,513
Jun 199739,78417.242.26$22,136
May 1997610,35918.972.31$24,028
Apr 199726,98417.882.08$14,582
Mar 199778,76118.951.94$17,121
Feb 199757,82820.492.21$17,370
Jan 1997611,50223.483.54$40,855
Dec 19961310,24823.32$303
Nov 1996129,11521.97$264
Oct 19961110,15823.31$256
Sep 199646,43622.22$89
Aug 19961010,77720.26$203
Jul 19961110,10019.55$215
Jun 1996911,09618.73$169
May 1996125,75919.43$233
Apr 19961210,91721.51$258
Mar 19961911,24819.38$368
Feb 1996118,57416.98$187
Jan 1996167,66017.07$273
Dec 1995109,66617.19$172
Nov 1995468,58216.00$736
Oct 1995268,65315.43$401
Sep 1995227,81316.18$356
Aug 1995248,71515.92$382
Jul 19952810,29015.24$427
Jun 1995398,04216.41$640
May 19953111,54817.56$544
Apr 19954313,72817.73$762
Mar 19954710,71216.44$773
Feb 19955211,74716.58$862
Jan 19954710,64315.92$748
Dec 19944211,55615.03$631
Nov 19943510,42815.90$557
Oct 19944213,54715.58$654
Sep 19944110,24815.29$627
Aug 19944412,85816.13$710
Jul 19943412,70017.56$597
Jun 19943913,18917.09$667
May 19944810,92315.88$762
Apr 19944213,97714.14$594
Mar 19943413,52912.46$424
Feb 19943512,52612.50$438
Jan 19945215,59212.66$658
Dec 19932615,53112.33$321
Nov 1993318,93614.49$449
Oct 19934114,75315.85$650
Sep 19934912,45715.03$736
Aug 19934714,61515.66$736
Jul 19935316,59815.46$819
Jun 19933711,28216.79$621
May 19933714,42417.68$654
Apr 199313816,83018.05$2,491
Mar 19938213,34118.14$1,487
Feb 19937523,46417.90$1,343
Jan 199313016.93$220

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                2,926 Mcf  × $  3.05 =     $8,912

────────────────────────────────────────────────────
Month total                                   $8,912

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/97475 is the state's own key, not one this site invented.