TEXAS UTILITIES "A"

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

Oil lease lease 10986District 06Field 51894500NGPA filingOilCasinghead gasSaveExport
Value, all time
$7.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 35 leases and 42 wells, and the rule below applies to all of them.

Discovered
1978-08-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: NET GOR 750 MCF/DAY

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
OilDisposition125,384 bbl$5,190,967
Casinghead gasProduction639,948 Mcf$2,610,749
Total$7,801,716

67,462 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 (3)

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 32.0481, -94.7421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.04769, -94.74206 · 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
66.7%
2 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
7,577 ft
3 wells filed one
Completion to plug
36.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
133.3%

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

Between 7,565 and 8,174 ft, median 7,577 ft, over the 3 wells that filed a depth.

Completions filed
May 1987 – Jan 2019
3 of 3 wells
Plug dates filed
Oct 2023
1 of 3 wells; 2 filed none

Last completion to plug: a median of 36.4 years across the 1 well that filed both dates, with the middle half between 36.4 years and 36.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4013154317,577 ftJan 2019Yes
42-401347592R8,174 ftAug 2013
42-4013164727,565 ftMay 1987Oct 2023Yes

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 202646586106.413.05$6,680
Apr 202616857298.932.87$18,262
Mar 20261360589.753.15$3,072
Feb 202613047263.503.75$10,025
Jan 2026046359.138.00$3,703
Dec 202513367856.664.41$10,528
Nov 2025073658.593.93$2,890
Oct 202517471959.383.30$12,708
Sep 2025082062.743.08$2,523
Aug 2025080363.933.01$2,421
Jul 202517189166.743.32$14,366
Jun 2025082666.483.13$2,584
May 2025083060.553.23$2,683
Apr 202515075462.363.54$12,026
Mar 202516883767.704.27$14,946
Feb 2025070670.884.34$3,065
Jan 2025084274.324.28$3,603
Dec 202417792968.993.12$15,111
Nov 2024090169.052.20$1,981
Oct 202417480871.372.28$14,262
Sep 202401,00069.612.36$2,364
Aug 202401,05875.632.06$2,183
Jul 20241701,03979.932.15$15,818
Jun 202417590778.082.63$16,053
May 202401,03478.812.20$2,273
Apr 20241741,00884.451.66$16,367
Mar 202401,00780.301.55$1,556
Feb 202419599576.091.78$16,612
Jan 202401,22273.023.30$4,030
Dec 20231761,02771.262.61$15,223
Nov 202321,07077.892.81$3,160
Oct 202311,18885.443.09$3,753
Sep 202301,29489.042.74$3,539
Aug 20231761,37280.522.67$17,839
Jul 20231831,60674.852.64$17,940
Jun 202301,10368.962.26$2,491
May 202351,15670.622.23$2,928
Apr 20231781,57978.122.24$17,439
Mar 20231801,64372.852.39$17,045
Feb 20231891,47375.112.47$17,828
Jan 20231811,69176.533.39$19,581
Dec 20222081,70576.415.73$25,661
Nov 20221851,73585.005.65$25,521
Oct 20222071,43987.185.86$26,484
Sep 20221080684.888.16$7,429
Aug 2022055794.529.13$5,084
Jul 20220538101.587.54$4,058
Jun 20220508115.097.98$4,052
May 2022170835109.378.43$25,634
Apr 20221791,184104.226.84$26,751
Mar 202201,342108.885.08$6,813
Feb 20221691,58891.054.86$23,103
Jan 202201,29081.844.54$5,854
Dec 20211781,28571.323.90$17,705
Nov 20211711,34677.435.24$20,289
Oct 202101,39479.795.71$7,965
Sep 20211751,45169.865.35$19,990
Aug 20211731,58666.024.22$18,115
Jul 202101,30370.783.98$5,189
Jun 20211831,35769.493.38$17,304
May 20211791,63263.483.02$16,288
Apr 20211711,64260.362.76$14,851
Mar 20211771,31261.302.72$14,415
Feb 202101,32057.805.55$7,323
Jan 20211781,41550.412.81$12,950
Dec 20203591,26344.642.68$19,405
Nov 20201771,14238.772.71$9,953
Oct 20208546736.972.48$4,300
Sep 202016477637.091.99$7,628
Aug 2020087239.982.39$2,080
Jul 20203491,48138.371.83$16,094
Jun 20201681,52034.901.69$8,432
May 202001,70516.921.81$3,094
Apr 20203391,70314.751.80$8,073
Mar 202001,72630.341.86$3,204
Feb 20201781,66249.881.98$12,171
Jan 20201711,70157.252.09$13,353
Dec 20191711,84159.012.30$14,333
Nov 20191762,38655.302.75$16,296
Oct 20191842,50353.472.42$15,892
Sep 20193471,95655.052.66$24,300
Aug 20193432,63853.112.30$24,296
Jul 20193652,75656.272.46$27,318
Jun 201902,53252.782.49$6,308
May 20195422,76758.482.74$39,279
Apr 20191842,71162.632.75$18,981
Mar 20191842,81856.803.06$19,080
Feb 201901,88950.852.79$5,275
Jan 20193781,95946.033.23$23,723
Dec 20181891,91846.594.19$16,833
Nov 20183621,94852.934.24$27,415
Oct 201801,95861.443.40$6,653
Sep 20181871,74259.543.11$16,548
Aug 20185582,20659.403.07$39,910
Jul 201802,29265.142.93$6,720
Jun 20183672,23660.183.08$28,966
May 20181842,03565.382.90$17,933
Apr 20183672,09463.842.90$29,504
Mar 20182662,31661.222.79$22,739
Feb 20183761,51561.782.77$27,420
Jan 201818697062.874.01$15,583
Dec 20171871,00157.272.92$13,634
Nov 201701,16755.423.12$3,639
Oct 201701,32049.292.98$3,938
Sep 20171861,45947.523.09$13,343
Aug 20173691,43245.373.00$21,044
Jul 20175371,51043.873.09$28,220
Jun 201701,22342.493.09$3,776
May 20171841,31545.373.26$12,639
Apr 20171751,33647.933.21$12,678
Mar 20177461,24746.772.98$38,611
Feb 201701,11650.452.95$3,295
Jan 2017054949.413.42$1,877
Dec 201617956848.763.72$10,843
Nov 2016062142.492.64$1,642
Oct 2016022946.193.09$708
Sep 2016033241.553.10$1,029
Aug 201617445541.442.92$8,541
Jul 201617639741.622.92$8,486
Jun 2016040545.352.69$1,088
May 2016040142.521.99$798
Apr 2016039136.561.99$779
Mar 201618443233.011.79$6,849
Feb 201619654526.472.06$6,313
Jan 2016048727.352.36$1,151
Dec 201517176332.362.00$7,061
Nov 201501,01038.792.17$2,189
Oct 201501,09643.552.43$2,660
Sep 201518285342.992.76$10,177
Aug 20151831,23540.162.87$10,897
Jul 20155312,19948.152.95$32,044
Jun 20153713,12356.152.88$29,835
May 20151913,82355.212.96$21,844
Apr 20153714,07249.822.71$29,504
Mar 20153705,06142.892.93$30,722
Feb 20153732,37344.662.98$23,721
Jan 20151822,51343.433.10$15,696
Dec 20143692,74154.693.59$30,025
Nov 20143742,89170.464.25$38,644
Oct 20143473,28778.303.90$39,993
Sep 20143723,23186.164.05$45,122
Aug 201411,83489.394.04$7,490
Jul 20145552,29296.564.18$63,170
Jun 20143704,71598.164.74$58,654
May 20145666,02294.734.73$82,081
Apr 20147667,63395.944.81$110,198
Mar 20147287,81195.895.06$109,307
Feb 20141,0707,29297.406.19$149,370
Jan 20149056,22190.404.86$112,051
Dec 20133785,12291.824.35$57,012
Nov 20131,1398,28088.853.74$132,153
Oct 20131,63811,57697.423.78$203,324
Sep 20131,6369,198104.113.72$204,520
Aug 20132,38912,888104.253.52$294,453
Jul 2013870232102.523.72$90,055
Jun 20133539194.403.93$4,842
May 201318737594.834.15$19,289
Apr 2013032993.964.28$1,409
Mar 201318132093.623.91$18,197
Feb 2013032191.233.42$1,098
Jan 201318228391.603.42$17,639
Dec 2012032786.773.42$1,118
Nov 2012333486.953.62$1,472
Oct 201216112589.383.40$14,815
Sep 201219615994.672.92$19,019
Aug 2012016592.662.91$480
Jul 20121809885.133.02$15,619
Jun 2012011779.822.52$295
May 2012027491.612.49$682
Apr 2012186332101.652.00$19,570
Mar 20125465105.052.22$1,559
Feb 2012187378101.102.57$19,877
Jan 201220034398.092.73$20,556
Dec 2011729996.873.24$1,647
Nov 201119018095.723.31$18,783
Oct 201107684.983.65$277
Sep 201124083.623.99$327
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20111686.504.59$114
Dec 201011585.734.35$151
Nov 20100080.843.80$0
Oct 2010195078.103.51$15,230
Sep 20101072.633.98$73
Aug 20100273.684.42$9
Jul 20101272.554.74$82
Jun 20101570.364.91$95
May 201005371.124.24$224
Apr 20101737381.694.12$14,433
Mar 201003978.394.39$171
Feb 201018373.585.44$525
Jan 2010011174.365.96$662
Dec 200907571.445.48$411
Nov 200918568074.593.75$16,350
Oct 2009094972.544.11$3,901
Sep 2009099465.543.06$3,046
Aug 20091611,09467.423.22$14,376
Jul 2009095661.133.46$3,312
Jun 200929583866.163.90$22,781
May 200918682554.743.93$13,420
Apr 200901,10946.773.59$3,979
Mar 20091701,21842.144.06$12,108
Feb 20091711,29832.814.63$11,624
Jan 200911,41035.865.37$7,609
Dec 20081711,02437.105.98$12,465
Nov 20081641,79955.496.86$21,442
Oct 20083241,76475.246.92$36,588
Sep 20081671,142101.767.88$25,990
Aug 20083081,333114.228.48$46,488
Jul 200801,280131.0811.39$14,578
Jun 2008208867131.3313.03$38,616
May 2008205929123.1711.57$36,002
Apr 20081811,143110.3110.45$31,916
Mar 20081741,419101.909.66$31,444
Feb 20081611,59492.538.77$28,878
Jan 20083601,78890.388.21$47,209
Dec 20071721,96688.337.30$29,548
Nov 20071792,10191.677.29$31,729
Oct 20076772,16482.856.92$71,069
Sep 20070075.846.24$0
Aug 20071891,17169.066.39$20,533
Jul 20073811,90370.906.39$39,169
Jun 200732,07562.007.55$15,849
May 20071702,05858.747.85$26,133
Apr 20075291,31759.617.81$41,813
Mar 2007393256.927.30$6,976
Feb 20073391,30255.108.22$29,376
Jan 20071842,73050.306.73$27,620
Dec 20063592,32456.656.92$36,416
Nov 20063581,43454.207.62$30,327
Oct 20061961,90454.906.01$22,211
Sep 200621,56160.085.04$7,983
Aug 20061761,81668.717.34$25,422
Jul 20062082,27569.376.34$28,859
Jun 20065402,98166.286.38$54,822
May 20061832,54066.016.42$28,399
Apr 20061892,55864.397.36$30,998
Mar 20063762,86956.707.08$41,640
Feb 20061892,63257.597.75$31,285
Jan 20063492,12660.598.93$40,138
Dec 20053642,50854.9413.42$53,644
Nov 20051892,08454.6910.59$32,403
Oct 20051912,48358.3413.80$45,398
Sep 20055462,30061.4512.08$61,333
Aug 20053742,82461.519.80$50,671
Jul 20051852,68555.697.84$31,363
Jun 20055602,74852.337.38$49,588
May 20051892,88145.226.65$27,709
Apr 20053092,31949.207.36$32,272
Mar 20053692,72650.377.15$38,091
Feb 20055542,46345.226.31$40,598
Jan 20051882,43043.166.32$23,477
Dec 20043651,29539.866.75$23,292
Nov 20041798745.286.33$8,656
Oct 20043762,27449.706.52$33,503
Sep 20043732,66443.245.28$30,205
Aug 20043802,73742.375.55$31,293
Jul 20043602,81538.286.08$30,908
Jun 20045262,77236.106.43$36,821
May 20045643,56137.486.49$44,266
Apr 20043762,16134.475.86$25,621
Mar 20043542,78434.365.53$27,559
Feb 20045642,91832.455.51$34,379
Jan 20043142,65432.036.30$26,777
Dec 20033863,52430.266.30$33,887
Nov 20037543,77728.804.60$39,071
Oct 20031963,54028.174.76$22,370
Sep 20033473,71526.314.75$26,773
Aug 20033743,82029.765.13$30,726
Jul 20033513,45029.415.17$28,162
Jun 20035503,17528.565.98$34,704
May 20033563,05626.595.97$27,719
Apr 20035113,76426.675.41$33,981
Mar 20035533,33631.146.10$37,557
Feb 20033803,18133.487.93$37,935
Jan 20035683,48930.315.58$36,692
Dec 20026493,35126.914.85$33,730
Nov 20028722,85324.664.14$33,306
Oct 20021721,44626.464.23$10,666
Sep 20021871,46727.443.64$10,464
Aug 20025161,94625.963.16$19,553
Jul 20025363,32824.583.06$23,364
Jun 200218794623.733.34$7,595
May 20025691,66524.663.58$19,999
Apr 20021891,32723.653.51$9,131
Mar 20025551,60422.003.10$17,187
Feb 20025591,83818.222.38$14,551
Jan 20023772,17917.172.38$11,650
Dec 20013671,42116.932.36$9,573
Nov 20013661,83018.072.41$11,016
Oct 20015761,44319.782.53$15,042
Sep 20013681,65824.262.25$12,660
Aug 20013751,58124.873.05$14,153
Jul 20013901,56523.933.20$14,336
Jun 20013872,02424.563.82$17,245
May 20017622,30925.524.31$29,392
Apr 20011902,10824.685.34$15,936
Mar 20015802,31424.545.38$26,674
Feb 20013731,99127.755.77$21,833
Jan 20015702,17327.478.40$33,908
Dec 20003781,34626.889.12$22,440
Nov 20009312,40232.215.66$43,578
Oct 20007612,37131.235.15$35,966
Sep 20001911,31231.875.19$12,892
Aug 20003761,60529.644.54$18,433
Jul 20005551,86528.534.09$23,462
Jun 20009112,09729.304.40$35,913
May 20003742,53527.263.68$19,523
Apr 20007782,76724.513.12$27,691
Mar 20009422,58328.422.86$34,158
Feb 20003812,91427.622.73$18,468
Jan 20003882,84225.272.48$16,854
Dec 19995602,66624.282.42$20,058
Nov 19995782,63523.192.43$19,817
Oct 19995812,77320.982.80$19,964
Sep 19995582,59621.752.62$18,935
Aug 19995722,48719.262.88$18,168
Jul 19997693,56817.892.37$22,222
Jun 19993783,18315.942.36$13,544
May 19999332,87915.792.32$21,414
Apr 19999603,81215.102.21$22,913
Mar 199976388912.471.84$11,149
Feb 19995774569.981.82$6,587
Jan 1999387010.381.90$4,017
Dec 199838409.201.77$3,533
Nov 1998720010.892.19$7,841
Oct 1998586012.421.97$7,278
Sep 1998947012.592.08$11,923
Aug 1998569011.301.91$6,430
Jul 1998568011.742.24$6,668
Jun 19981,155011.242.24$12,982
May 1998971012.622.21$12,254
Apr 1998583013.042.51$7,602
Mar 1998979012.802.31$12,531
Feb 1998969013.952.30$13,518
Jan 1998336014.702.15$4,939
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997196019.253.15$3,773
Sep 1997127017.742.95$2,253
Aug 1997116017.862.55$2,072
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997380018.972.31$7,209
Apr 1997188017.882.08$3,361
Mar 1997373018.951.94$7,068
Feb 1997191020.492.21$3,914
Jan 1997381023.483.54$8,946
Dec 1996191023.32$4,454
Nov 1996370021.97$8,129
Oct 1996191023.31$4,452
Sep 199636686122.22$8,133
Aug 199617288920.26$3,485
Jul 199634288919.55$6,686
Jun 199635886118.73$6,705
May 199635888919.43$6,956
Apr 199618686121.51$4,001
Mar 199653483319.38$10,349
Feb 199635577516.98$6,028
Jan 19961841,03417.07$3,141
Dec 19956951,63617.19$11,947
Nov 19955051,69416.00$8,080
Oct 19953701,66415.43$5,709
Sep 19955401,72216.18$8,737
Aug 19957201,77815.92$11,462
Jul 19957331,77815.24$11,171
Jun 19953871,72216.41$6,351
May 19957481,77817.56$13,135
Apr 19955511,69417.73$9,769
Mar 19959371,69216.44$15,404
Feb 19951871,14816.58$3,100
Jan 19957671,60715.92$12,211
Dec 19947501,66415.03$11,273
Nov 19947621,63615.90$12,116
Oct 19945561,69215.58$8,662
Sep 19947321,69415.29$11,192
Aug 19947291,72216.13$11,759
Jul 19947251,69417.56$12,731
Jun 19949101,57917.09$15,552
May 19945601,77815.88$8,893
Apr 19949191,54914.14$12,995
Mar 19947441,72212.46$9,270
Feb 19945981,34912.50$7,475
Jan 19945751,66412.66$7,280
Dec 19937591,66412.33$9,358
Nov 19937261,63614.49$10,520
Oct 19937261,77815.85$11,507
Sep 19937381,66615.03$11,092
Aug 19939031,49315.66$14,141
Jul 19937041,60615.46$10,884
Jun 19937341,49316.79$12,324
May 19937421,77817.68$13,119
Apr 19939171,69418.05$16,552
Mar 19937661,77818.14$13,895
Feb 19937571,55017.90$13,550
Jan 19939391,77816.93$15,897

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
Oil                   46 bbl  × $106.41 =     $4,895
Casinghead gas       586 Mcf  × $  3.05 =     $1,785

────────────────────────────────────────────────────
Month total                                   $6,680

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/O/10986 is the state's own key, not one this site invented.