SNAVELY HEIRS

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

Oil lease lease 12229District 06Field 35135500OilCasinghead gasSaveExport
Value, all time
$13.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$418 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 11 leases and 12 wells, and the rule below applies to all of them.

Discovered
1984-12-24
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1988-04-01.

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
OilDisposition260,621 bbl$12,454,708
Casinghead gasProduction224,524 Mcf$917,010
Total$13,371,718

27,201 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 (2)

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 32.5195, -94.9333. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.51953, -94.93335 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,900 ft
2 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.
2100.0%

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

Between 7,800 and 8,000 ft, median 7,900 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1987 – Jun 2006
2 of 2 wells

2 wells

42-1833179228,000 ftJun 2006
42-1833070817,800 ftAug 1987

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 20266820106.413.05$72,572
Apr 2026369098.932.87$36,505
Mar 2026498089.753.15$44,696
Feb 2026177063.503.75$11,240
Jan 2026487059.138.00$28,796
Dec 2025542056.664.41$30,710
Nov 2025377058.593.93$22,088
Oct 2025543059.383.30$32,243
Sep 2025735062.743.08$46,114
Aug 2025328063.933.01$20,969
Jul 2025556066.743.32$37,107
Jun 2025524066.483.13$34,836
May 2025570060.553.23$34,514
Apr 2025534062.363.54$33,300
Mar 2025380067.704.27$25,726
Feb 2025519070.884.34$36,787
Jan 2025349074.324.28$25,938
Dec 2024547068.993.12$37,738
Nov 2024384069.052.20$26,515
Oct 2024380071.372.28$27,121
Sep 2024341069.612.36$23,737
Aug 2024380075.632.06$28,739
Jul 20240079.932.15$0
Jun 2024505078.082.63$39,430
May 2024189078.812.20$14,895
Apr 2024336084.451.66$28,375
Mar 2024157080.301.55$12,607
Feb 2024381076.091.78$28,990
Jan 2024191073.023.30$13,947
Dec 2023355071.262.61$25,297
Nov 2023357077.892.81$27,807
Oct 2023189085.443.09$16,148
Sep 2023170089.042.74$15,137
Aug 2023188080.522.67$15,138
Jul 2023187074.852.64$13,997
Jun 2023190068.962.26$13,102
May 2023190070.622.23$13,418
Apr 2023358078.122.24$27,967
Mar 202318222672.852.39$13,800
Feb 202319121675.112.47$14,879
Jan 202318121076.533.39$14,563
Dec 202219133976.415.73$16,536
Nov 202218925785.005.65$17,516
Oct 202217633087.185.86$17,279
Sep 202219032184.888.16$18,748
Aug 202216935094.529.13$19,168
Jul 2022180357101.587.54$20,977
Jun 2022171387115.097.98$22,768
May 2022190369109.378.43$23,892
Apr 2022179321104.226.84$20,850
Mar 2022338373108.885.08$38,695
Feb 202219433091.054.86$19,267
Jan 202217735481.844.54$16,092
Dec 202119134171.323.90$14,952
Nov 202119233977.435.24$16,642
Oct 202119237179.795.71$17,440
Sep 202116242869.865.35$13,608
Aug 202134838366.024.22$24,591
Jul 202119038870.783.98$14,993
Jun 202118933469.493.38$14,263
May 202116533063.483.02$11,470
Apr 202119131760.362.76$12,403
Mar 202116831961.302.72$11,165
Feb 202134825057.805.55$21,501
Jan 202119225050.412.81$10,381
Dec 202019120844.642.68$9,083
Nov 202019033238.772.71$8,265
Oct 202017250136.972.48$7,601
Sep 202016752937.091.99$7,247
Aug 202037550539.982.39$16,197
Jul 202018932738.371.83$7,849
Jun 202001234.901.69$20
May 202037620516.921.81$6,734
Apr 202038143414.751.80$6,403
Mar 202036336330.341.86$11,687
Feb 202018630749.881.98$9,886
Jan 202069534257.252.09$40,505
Dec 201934650259.012.30$21,574
Nov 201955547855.302.75$32,006
Oct 201934841253.472.42$19,604
Sep 201937038855.052.66$21,400
Aug 201956046853.112.30$30,820
Jul 201955430556.272.46$31,924
Jun 201952032252.782.49$28,248
May 2019034558.482.74$945
Apr 201935934162.632.75$23,422
Mar 201938332056.803.06$22,734
Feb 2019035950.852.79$1,002
Jan 201914536146.033.23$7,840
Dec 201818445746.594.19$10,485
Nov 201819329352.934.24$11,457
Oct 201819035461.443.40$12,877
Sep 201819042759.543.11$12,640
Aug 201818247159.403.07$12,255
Jul 201818848865.142.93$13,677
Jun 201818845260.183.08$12,705
May 201818846465.382.90$13,637
Apr 201819040463.842.90$13,302
Mar 201819042961.222.79$12,827
Feb 201819041861.782.77$12,894
Jan 2018029362.874.01$1,175
Dec 201718242957.272.92$11,676
Nov 201718945155.423.12$11,881
Oct 201733248749.292.98$17,817
Sep 201718847147.523.09$10,388
Aug 201718847645.373.00$9,960
Jul 201716747343.873.09$8,787
Jun 201718152942.493.09$9,324
May 201718247845.373.26$9,817
Apr 201718950947.933.21$10,693
Mar 201754069146.772.98$27,318
Feb 201735769750.452.95$20,069
Jan 201737777049.413.42$21,260
Dec 201653761848.763.72$28,485
Nov 201653963242.492.64$24,573
Oct 201618953446.193.09$10,380
Sep 201618854241.553.10$9,492
Aug 201618056141.442.92$9,100
Jul 201618859241.622.92$9,556
Jun 201617658645.352.69$9,556
May 201618063842.521.99$8,924
Apr 201617858336.561.99$7,668
Mar 201635071133.011.79$12,829
Feb 201651776726.472.06$15,268
Jan 201636281827.352.36$11,835
Dec 201519086132.362.00$7,872
Nov 201535482838.792.17$15,526
Oct 201571692643.552.43$33,429
Sep 201553989442.992.76$25,638
Aug 201572697740.162.87$31,963
Jul 201536083348.152.95$19,787
Jun 201536752656.152.88$22,123
May 201572388055.212.96$42,518
Apr 201537040049.822.71$19,516
Mar 201555351642.892.93$25,232
Feb 201553865144.662.98$25,965
Jan 201553450643.433.10$24,761
Dec 201454864054.693.59$32,269
Nov 201453966470.464.25$40,801
Oct 201436277778.303.90$31,376
Sep 20147231,07486.164.05$66,638
Aug 20145431,17189.394.04$53,264
Jul 20145391,07996.564.18$56,556
Jun 20145561,04698.164.74$59,532
May 20146411,06494.734.73$65,751
Apr 20146411,06395.944.81$66,610
Mar 201452593595.895.06$55,070
Feb 201471578597.406.19$74,502
Jan 20148981,52390.404.86$88,582
Dec 201359877191.824.35$58,266
Nov 201370675388.853.74$65,543
Oct 201365867097.423.78$66,635
Sep 2013555788104.113.72$60,711
Aug 2013551912104.253.52$60,654
Jul 20137221,012102.523.72$77,782
Jun 201385395494.403.93$84,276
May 201345285294.834.15$46,398
Apr 201382091293.964.28$80,953
Mar 201369993293.623.91$69,087
Feb 201368179991.233.42$64,860
Jan 20136961,01591.603.42$67,225
Dec 201269293886.773.42$63,253
Nov 20127861,14686.953.62$72,497
Oct 20128091,44289.383.40$77,211
Sep 20124971,00594.672.92$49,984
Aug 201250481192.662.91$49,059
Jul 201270795085.133.02$63,057
Jun 201253393279.822.52$44,892
May 20125311,09491.612.49$51,367
Apr 20129991,658101.652.00$104,859
Mar 20125401,437105.052.22$59,920
Feb 20125181,433101.102.57$56,053
Jan 20129161,62698.092.73$94,296
Dec 20118531,52996.873.24$87,584
Nov 20111,0561,50195.723.31$106,051
Oct 20115421,41884.983.65$51,233
Sep 20117451,44183.623.99$68,040
Aug 20119921,50283.404.15$88,965
Jul 20118791,51094.144.52$89,570
Jun 20116311,42492.904.64$65,227
May 20117231,34298.134.40$76,859
Apr 20111,0121,395105.964.33$113,276
Mar 20116551,08496.364.06$67,514
Feb 20119621,26985.644.18$87,690
Jan 20117021,40686.504.59$67,175
Dec 20107811,36585.734.35$72,890
Nov 20108611,12480.843.80$73,869
Oct 20108501,35078.103.51$71,122
Sep 20105571,11872.633.98$44,904
Aug 20109411,28073.684.42$74,990
Jul 201029378272.554.74$24,961
Jun 201017777770.364.91$16,269
May 201062178771.124.24$47,499
Apr 201089672181.694.12$76,167
Mar 20101,20568978.394.39$97,484
Feb 201073044673.585.44$56,141
Jan 20108511,18374.365.96$70,336
Dec 20091,0091,09771.445.48$78,099
Nov 200925760274.593.75$21,428
Oct 200917970572.544.11$15,882
Sep 200969177965.543.06$47,676
Aug 20097901,15367.423.22$56,973
Jul 20098621,29961.133.46$57,194
Jun 20099521,30466.163.90$68,063
May 20096961,08554.743.93$42,358
Apr 20098121,04646.773.59$41,730
Mar 20099011,43242.144.06$43,781
Feb 20097341,02732.814.63$28,841
Jan 200929675335.865.37$14,659
Dec 20081,2551,46837.105.98$55,335
Nov 20088431,39655.496.86$56,355
Oct 20081,1211,45475.246.92$94,409
Sep 20087541,445101.767.88$88,109
Aug 20089081,603114.228.48$117,310
Jul 20081,0661,425131.0811.39$155,961
Jun 2008306663131.3313.03$48,828
May 20089111,120123.1711.57$125,171
Apr 20089841,403110.3110.45$123,213
Mar 20088761,429101.909.66$103,074
Feb 20088761,24592.538.77$91,976
Jan 20081,0241,38990.388.21$103,947
Dec 20071,1221,32488.337.30$108,774
Nov 20071,0281,27491.677.29$103,526
Oct 20079191,40082.856.92$85,830
Sep 20071,4981,34675.846.24$122,013
Aug 20077391,25969.066.39$59,078
Jul 20078601,17770.906.39$68,493
Jun 20071,0711,12062.007.55$74,856
May 20071,2531,32558.747.85$83,998
Apr 20079431,11159.617.81$64,884
Mar 20079561,01256.927.30$61,805
Feb 20071,17398255.108.22$72,700
Jan 20071,3281,16650.306.73$74,642
Dec 20061,2741,23556.656.92$80,716
Nov 20061,1411,09854.207.62$70,206
Oct 200672980254.906.01$44,845
Sep 20061,4961,43160.085.04$97,088
Aug 20061,0531,40068.717.34$82,628
Jul 20061,7031,36569.376.34$126,795
Jun 20061,6351,27166.286.38$116,482
May 20061,65280266.016.42$114,201
Apr 20060064.397.36$0
Mar 200671910156.707.08$41,483
Feb 200666820357.597.75$40,044
Jan 200667422460.598.93$42,839
Dec 200588424754.9413.42$51,881
Nov 200555324654.6910.59$32,848
Oct 200575233458.3413.80$48,479
Sep 200574128161.4512.08$48,929
Aug 200573827961.519.80$48,128
Jul 200555014755.697.84$31,783
Jun 20057389752.337.38$39,336
May 200556412345.226.65$26,322
Apr 200569217649.207.36$35,342
Mar 20057448650.377.15$38,091
Feb 200573312845.226.31$33,954
Jan 200576418343.166.32$34,131
Dec 20047086839.866.75$28,680
Nov 200472033645.286.33$34,729
Oct 200469626649.706.52$36,324
Sep 200471031343.245.28$32,354
Aug 200489828942.375.55$39,652
Jul 200476843538.286.08$32,046
Jun 200476811136.106.43$28,439
May 200452335437.486.49$21,901
Apr 200495247034.475.86$35,569
Mar 200474043634.365.53$27,838
Feb 200473552332.455.51$26,732
Jan 200458047232.036.30$21,551
Dec 200396745930.266.30$32,154
Nov 200356145528.804.60$18,248
Oct 200396148828.174.76$29,394
Sep 200376942126.314.75$22,232
Aug 200396336029.765.13$30,506
Jul 200375358629.415.17$25,176
Jun 200374762828.565.98$25,092
May 200379853326.595.97$24,402
Apr 200390467126.675.41$27,738
Mar 200374776831.146.10$27,943
Feb 200395857233.487.93$36,607
Jan 20031,09449930.315.58$35,945
Dec 200272671526.914.85$23,007
Nov 200272062624.664.14$20,345
Oct 200272771426.464.23$22,256
Sep 20021,09980427.443.64$33,079
Aug 200271951725.963.16$20,301
Jul 200276157024.583.06$20,451
Jun 20021,10675823.733.34$28,776
May 20021,43113824.663.58$35,783
Apr 20023556823.653.51$8,635
Mar 200216625122.003.10$4,431
Feb 200209318.222.38$221
Jan 200255533117.172.38$10,316
Dec 200155633216.932.36$10,198
Nov 200174931618.072.41$14,295
Oct 200174334619.782.53$15,572
Sep 200195633524.262.25$23,947
Aug 200173432224.873.05$19,238
Jul 200190741623.933.20$23,035
Jun 200189626324.563.82$23,012
May 200189639625.524.31$24,572
Apr 20011,10334724.685.34$29,073
Mar 200135833124.545.38$10,565
Feb 200151834627.755.77$16,370
Jan 200188536427.478.40$27,368
Dec 200071028426.889.12$21,676
Nov 200089239132.215.66$30,944
Oct 200086138531.235.15$28,870
Sep 200069733631.875.19$23,956
Aug 20001,07622829.644.54$32,928
Jul 20001,07920828.534.09$31,635
Jun 200075423929.304.40$23,143
May 200094623727.263.68$26,660
Apr 200073133424.513.12$18,958
Mar 200089533428.422.86$26,391
Feb 200096526027.622.73$27,362
Jan 200073819425.272.48$19,130
Dec 199958216724.282.42$14,536
Nov 199976321623.192.43$18,220
Oct 199974420020.982.80$16,170
Sep 199972118921.752.62$16,177
Aug 199990228019.262.88$18,178
Jul 199974725517.892.37$13,969
Jun 199972522615.942.36$12,090
May 199994623715.792.32$15,487
Apr 199963115615.102.21$9,873
Mar 199995820812.471.84$12,329
Feb 19999301529.981.82$9,558
Jan 199976416110.381.90$8,236
Dec 19987931429.201.77$7,547
Nov 199876418010.892.19$8,713
Oct 199876417312.421.97$9,830
Sep 199873114012.592.08$9,495
Aug 199893419311.301.91$10,922
Jul 199876426011.742.24$9,551
Jun 199874927511.242.24$9,034
May 199894629112.622.21$12,581
Apr 199871425413.042.51$9,947
Mar 199890820712.802.31$12,100
Feb 199892718013.952.30$13,345
Jan 19981,10024214.702.15$16,691
Dec 199772219316.322.41$12,248
Nov 199792020318.193.09$17,362
Oct 19971,10945119.253.15$22,769
Sep 199790323817.742.95$16,722
Aug 19971,11836917.862.55$20,910
Jul 199788525017.582.25$16,120
Jun 199789720317.242.26$15,922
May 19971,08320818.972.31$21,025
Apr 19971,08415017.882.08$19,694
Mar 19973598018.951.94$6,958
Feb 199715743120.492.21$4,168
Jan 19971,09549123.483.54$27,449
Dec 19961,06543123.32$24,836
Nov 199674136321.97$16,280
Oct 19961,12954623.31$26,317
Sep 199692547222.22$20,554
Aug 199693348720.26$18,903
Jul 19961,21957019.55$23,831
Jun 199684347318.73$15,789
May 199685341419.43$16,574
Apr 199695851521.51$20,607
Mar 199694655419.38$18,333
Feb 199691752416.98$15,571
Jan 19961,10462117.07$18,845
Dec 199590160817.19$15,488
Nov 199590846316.00$14,528
Oct 19951,08463715.43$16,726
Sep 19951,08150916.18$17,491
Aug 19951,08456815.92$17,257
Jul 199591249715.24$13,899
Jun 199590443516.41$14,835
May 199558945817.56$10,343
Apr 19951,08657917.73$19,255
Mar 199586863416.44$14,270
Feb 19951,00243016.58$16,613
Jan 19951,24369415.92$19,789
Dec 199452658015.03$7,906
Nov 19941,03673715.90$16,472
Oct 199476961915.58$11,981
Sep 19941,01863515.29$15,565
Aug 199499867816.13$16,098
Jul 19941,00853817.56$17,700
Jun 19941,00251217.09$17,124
May 199475360615.88$11,958
Apr 19941,01170914.14$14,296
Mar 19941,26452812.46$15,749
Feb 19941,01669512.50$12,700
Jan 19941,04251412.66$13,192
Dec 19931,03665912.33$12,774
Nov 19931,03645914.49$15,012
Oct 199394153015.85$14,915
Sep 199375857915.03$11,393
Aug 19931,01865215.66$15,942
Jul 19931,25966615.46$19,464
Jun 19931,00651416.79$16,891
May 19931,00371117.68$17,733
Apr 19931,24866318.05$22,526
Mar 19931,26483618.14$22,929
Feb 199376464917.90$13,676
Jan 19931,02845016.93$17,404

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                  682 bbl  × $106.41 =    $72,572
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $72,572

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/12229 is the state's own key, not one this site invented.