JACKSON OIL UNIT 1

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

Oil lease lease 15894District 06Field 67849500OilCasinghead gasSaveExport
Value, all time
$2.3 M
Jul 2022 – May 2026
Value, last 12 filed months
$329 k
at the published price for each month
Months reported
47
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 64 leases and 70 wells, and the rule below applies to all of them.

Discovered
1973-11-01
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: AOF-1 AND AOF-2 EFFECTIVE 05/01/2004.

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
OilDisposition20,960 bbl$1,686,154
Casinghead gasProduction125,344 Mcf$592,157
Total$2,278,311

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 31.4017, -95.4457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 80.8 miles, so treat it as the lease's centre and not as its location.

31.59627, -95.35286 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
11,775 ft
3 wells filed one
Completion to plug
25.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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 11,461 and 11,810 ft, median 11,775 ft, over the 3 wells that filed a depth.

Completions filed
Jun 1986 – Jul 2022
3 of 3 wells
Plug dates filed
Jan 2012
1 of 3 wells; 2 filed none

Last completion to plug: a median of 25.6 years across the 1 well that filed both dates, with the middle half between 25.6 years and 25.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-42331707411,810 ftJul 2022
42-22520084411,461 ftOct 2011
42-22530664511,775 ftJun 1986Jan 2012Yes

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 (47)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

47 months

May 20263581,765106.413.05$43,471
Apr 20263621,70098.932.87$40,691
Mar 20263321,56289.753.15$34,716
Feb 20261741,46363.503.75$16,536
Jan 20263251,54559.138.00$31,574
Dec 20253281,61256.664.41$25,699
Nov 20251751,64358.593.93$16,704
Oct 20253291,70559.383.30$25,171
Sep 20253191,67962.743.08$25,180
Aug 20251751,72163.933.01$16,376
Jul 20253181,81066.743.32$27,224
Jun 20253031,69366.483.13$25,440
May 20253291,64460.553.23$25,235
Apr 20253561,75162.363.54$28,404
Mar 20253361,71267.704.27$30,055
Feb 20253421,72070.884.34$31,707
Jan 20253411,94174.324.28$33,648
Dec 20243321,91468.993.12$28,879
Nov 20243281,86969.052.20$26,757
Oct 20243421,90071.372.28$28,743
Sep 20241711,84969.612.36$16,275
Aug 20244761,96375.632.06$40,051
Jul 20243481,99479.932.15$32,096
Jun 20243471,99878.082.63$32,356
May 20243442,11878.812.20$31,767
Apr 20243421,97384.451.66$32,156
Mar 20243331,90480.301.55$29,682
Feb 20244991,94276.091.78$41,433
Jan 20245111,88973.023.30$43,543
Dec 202311,98971.262.61$5,264
Nov 20235041,83377.892.81$44,403
Oct 20233552,05885.443.09$36,685
Sep 20233332,12489.042.74$35,460
Aug 20235242,13480.522.67$47,896
Jul 20235142,26174.852.64$44,446
Jun 20234872,26468.962.26$38,697
May 20233462,37270.622.23$29,718
Apr 20235162,12978.122.24$45,074
Mar 20233521,01972.852.39$28,082
Feb 20231732,34575.112.47$18,776
Jan 20235152,74476.533.39$48,709
Dec 20225253,63176.415.73$60,918
Nov 20225254,22185.005.65$68,458
Oct 20227015,58887.185.86$93,880
Sep 20228517,78784.888.16$135,803
Aug 20221,60312,80094.529.13$268,343
Jul 20222,56014,066101.587.54$366,132

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                  358 bbl  × $106.41 =    $38,095
Casinghead gas     1,765 Mcf  × $  3.05 =     $5,376

────────────────────────────────────────────────────
Month total                                  $43,471

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/15894 is the state's own key, not one this site invented.