CRAIG-DAVIS

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

Gas lease lease 227999District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.9 M
Dec 2006 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
234
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 bbl$222
GasProduction526,692 Mcf$1,880,935
Total$1,881,157

Every month this lease reported (234)

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

234 months

May 202601,083106.413.05$3,299
Apr 20260098.932.87$0
Mar 202601,62489.753.15$5,115
Feb 20260063.503.75$0
Jan 2026041359.138.00$3,303
Dec 20250056.664.41$0
Nov 202501,26258.593.93$4,955
Oct 20250059.383.30$0
Sep 202502,04062.743.08$6,277
Aug 20250063.933.01$0
Jul 202502,40866.743.32$7,983
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024053471.372.28$1,218
Sep 202401,13069.612.36$2,672
Aug 202401,11075.632.06$2,291
Jul 202401,43279.932.15$3,074
Jun 202401,53478.082.63$4,041
May 202401,40678.812.20$3,091
Apr 202401,76084.451.66$2,920
Mar 2024052180.301.55$805
Feb 202401,47176.091.78$2,624
Jan 202401,71373.023.30$5,649
Dec 202301,65371.262.61$4,316
Nov 202301,50677.892.81$4,228
Oct 202301,53885.443.09$4,748
Sep 202301,50389.042.74$4,111
Aug 202301,60280.522.67$4,282
Jul 202301,63374.852.64$4,314
Jun 202301,67868.962.26$3,790
May 202301,46770.622.23$3,268
Apr 202301,61578.122.24$3,614
Mar 202301,63472.852.39$3,910
Feb 202301,51975.112.47$3,745
Jan 202301,70176.533.39$5,763
Dec 202201,75876.415.73$10,072
Nov 202201,61685.005.65$9,124
Oct 202201,64387.185.86$9,634
Sep 202201,38184.888.16$11,274
Aug 202211,45694.529.13$13,384
Jul 202201,441101.587.54$10,868
Jun 202202,281115.097.98$18,196
May 202201,066109.378.43$8,990
Apr 20220789104.226.84$5,395
Mar 202201,043108.885.08$5,295
Feb 202201,43391.054.86$6,963
Jan 202201,41181.844.54$6,403
Dec 202101,19671.323.90$4,663
Nov 202101,23177.435.24$6,447
Oct 202101,38279.795.71$7,897
Sep 202101,78169.865.35$9,530
Aug 202111,50066.024.22$6,397
Jul 202101,31470.783.98$5,232
Jun 202101,49069.493.38$5,037
May 202101,49863.483.02$4,520
Apr 202101,50960.362.76$4,162
Mar 202111,54761.302.72$4,264
Feb 202101,20557.805.55$6,685
Jan 202101,51350.412.81$4,252
Dec 202001,56644.642.68$4,190
Nov 202001,47238.772.71$3,984
Oct 202001,52636.972.48$3,782
Sep 202001,47837.091.99$2,943
Aug 202001,64539.982.39$3,923
Jul 202001,61638.371.83$2,949
Jun 202001,54734.901.69$2,615
May 202001,59116.921.81$2,887
Apr 202001,46514.751.80$2,643
Mar 202001,49330.341.86$2,771
Feb 202001,28049.881.98$2,535
Jan 202001,65457.252.09$3,465
Dec 201901,87859.012.30$4,328
Nov 201901,80655.302.75$4,968
Oct 201902,08353.472.42$5,038
Sep 201902,03955.052.66$5,418
Aug 201902,24253.112.30$5,166
Jul 201902,28756.272.46$5,626
Jun 201902,14252.782.49$5,336
May 201902,38458.482.74$6,533
Apr 201902,24762.632.75$6,181
Mar 201902,34056.803.06$7,165
Feb 201901,76150.852.79$4,917
Jan 201901,94646.033.23$6,282
Dec 201802,01146.594.19$8,417
Nov 201802,06552.934.24$8,750
Oct 201801,88561.443.40$6,405
Sep 201801,77959.543.11$5,529
Aug 201802,00159.403.07$6,136
Jul 201801,85265.142.93$5,430
Jun 201802,15560.183.08$6,631
May 201802,24165.382.90$6,501
Apr 201802,30663.842.90$6,689
Mar 201802,41561.222.79$6,730
Feb 201802,18161.782.77$6,033
Jan 201802,59062.874.01$10,384
Dec 201702,64557.272.92$7,727
Nov 201702,53855.423.12$7,914
Oct 201702,74849.292.98$8,199
Sep 201702,50947.523.09$7,746
Aug 201702,31245.373.00$6,946
Jul 201702,41443.873.09$7,453
Jun 201702,60042.493.09$8,027
May 201702,35445.373.26$7,682
Apr 201702,38847.933.21$7,669
Mar 201702,42346.772.98$7,229
Feb 201702,46150.452.95$7,266
Jan 201703,05249.413.42$10,434
Dec 201603,24848.763.72$12,092
Nov 201603,28942.492.64$8,697
Oct 201603,58946.193.09$11,091
Sep 201603,35641.553.10$10,406
Aug 201603,65041.442.92$10,674
Jul 201603,54841.622.92$10,376
Jun 201603,43245.352.69$9,218
May 201603,81142.521.99$7,588
Apr 201603,84736.561.99$7,660
Mar 201604,19933.011.79$7,533
Feb 201603,58026.472.06$7,388
Jan 201603,73627.352.36$8,833
Dec 201504,38032.362.00$8,766
Nov 201504,92238.792.17$10,668
Oct 201504,61943.552.43$11,208
Sep 201503,99342.992.76$11,014
Aug 201503,34340.162.87$9,603
Jul 201504,09048.152.95$12,045
Jun 201505,53856.152.88$15,965
May 201505,13855.212.96$15,185
Apr 201505,57549.822.71$15,089
Mar 201505,93442.892.93$17,415
Feb 201501,73644.662.98$5,167
Jan 2015044643.433.10$1,383
Dec 201401,15754.693.59$4,155
Nov 2014070370.464.25$2,989
Oct 2014075478.303.90$2,941
Sep 2014086886.164.05$3,511
Aug 201401,27289.394.04$5,133
Jul 2014099896.564.18$4,171
Jun 201401,36298.164.74$6,452
May 2014097994.734.73$4,627
Apr 201401,17195.944.81$5,631
Mar 201401,04695.895.06$5,289
Feb 2014076697.406.19$4,743
Jan 201401,35090.404.86$6,562
Dec 2013072391.824.35$3,148
Nov 2013089488.853.74$3,342
Oct 201301,04997.423.78$3,965
Sep 201301,335104.113.72$4,963
Aug 201302,051104.253.52$7,225
Jul 201302,124102.523.72$7,896
Jun 201301,63894.403.93$6,443
May 201301,63994.834.15$6,800
Apr 201301,20093.964.28$5,139
Mar 201301,19993.623.91$4,692
Feb 201301,11591.233.42$3,813
Jan 201301,15491.603.42$3,947
Dec 201201,48786.773.42$5,086
Nov 2012053486.953.62$1,936
Oct 201201,30089.383.40$4,420
Sep 201201,12794.672.92$3,289
Aug 201201,34192.662.91$3,900
Jul 201201,81185.133.02$5,471
Jun 201201,23279.822.52$3,103
May 201201,22391.612.49$3,043
Apr 201201,743101.652.00$3,480
Mar 201201,737105.052.22$3,860
Feb 201201,785101.102.57$4,588
Jan 201201,72098.092.73$4,703
Dec 201101,96096.873.24$6,350
Nov 201102,28695.723.31$7,570
Oct 201102,46984.983.65$9,008
Sep 201102,78683.623.99$11,104
Aug 201103,85783.404.15$16,004
Jul 201104,29494.144.52$19,397
Jun 201106,09492.904.64$28,275
May 201106,52898.134.40$28,755
Apr 201106,757105.964.33$29,280
Mar 201106,97196.364.06$28,284
Feb 201106,42785.644.18$26,865
Jan 201107,60386.504.59$34,888
Dec 201006,91785.734.35$30,073
Nov 201004,58880.843.80$17,413
Oct 201004,07178.103.51$14,285
Sep 201005,61872.633.98$22,357
Aug 201006,99873.684.42$30,927
Jul 201007,22072.554.74$34,197
Jun 201004,71270.364.91$23,138
May 201004,69671.124.24$19,889
Apr 201005,64081.694.12$23,252
Mar 201007,85678.394.39$34,477
Feb 201008,11473.585.44$44,159
Jan 201009,96174.365.96$59,408
Dec 2009010,83071.445.48$59,389
Nov 2009010,13074.593.75$38,003
Oct 2009012,28172.544.11$50,478
Sep 2009015,68665.543.06$48,074
Aug 2009026,57867.423.22$85,541
Jul 200903,79161.133.46$13,134
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0

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                1,083 Mcf  × $  3.05 =     $3,299

────────────────────────────────────────────────────
Month total                                   $3,299

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. 09/G/227999 is the state's own key, not one this site invented.