REX

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

Gas lease lease 164233District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jan 1997 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
353
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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
High Cost Gas111997-10-02136920
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
CondensateDisposition1,021 bbl$50,871
GasProduction469,387 Mcf$1,955,861
Total$2,006,732

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 36.0938, -101.1228. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.09381, -101.12278 · 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
9,500 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 9,500 ft.

Completions filed
Jan 1997
1 of 1 wells

1 well

42-1953124229,500 ftJan 1997

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 (353)

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

353 months

May 20260743106.413.05$2,263
Apr 2026072798.932.87$2,086
Mar 2026076189.753.15$2,397
Feb 2026071663.503.75$2,685
Jan 2026074559.138.00$5,958
Dec 2025074656.664.41$3,292
Nov 2025073258.593.93$2,874
Oct 2025063459.383.30$2,095
Sep 202505862.743.08$178
Aug 202508663.933.01$259
Jul 2025079966.743.32$2,649
Jun 2025082066.483.13$2,566
May 2025087560.553.23$2,828
Apr 2025097562.363.54$3,455
Mar 202501,30167.704.27$5,553
Feb 202501,13070.884.34$4,905
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024071184.451.66$1,180
Mar 2024035780.301.55$552
Feb 2024072476.091.78$1,291
Jan 2024067473.023.30$2,223
Dec 2023074871.262.61$1,953
Nov 2023070577.892.81$1,979
Oct 2023077785.443.09$2,399
Sep 2023069189.042.74$1,890
Aug 2023078280.522.67$2,090
Jul 2023077474.852.64$2,045
Jun 2023074968.962.26$1,692
May 2023076770.622.23$1,708
Apr 202311276278.122.24$10,455
Mar 2023078372.852.39$1,874
Feb 2023068875.112.47$1,696
Jan 2023076476.533.39$2,588
Dec 2022073476.415.73$4,205
Nov 2022074785.005.65$4,218
Oct 2022071787.185.86$4,204
Sep 2022073984.888.16$6,033
Aug 2022077494.529.13$7,064
Jul 20220756101.587.54$5,702
Jun 20220721115.097.98$5,752
May 20220768109.378.43$6,477
Apr 20220752104.226.84$5,142
Mar 20220776108.885.08$3,939
Feb 2022069391.054.86$3,367
Jan 2022076081.844.54$3,449
Dec 2021078571.323.90$3,061
Nov 2021076577.435.24$4,006
Oct 2021079979.795.71$4,565
Sep 2021078069.865.35$4,174
Aug 2021075666.024.22$3,191
Jul 2021076070.783.98$3,026
Jun 2021074269.493.38$2,508
May 2021077163.483.02$2,327
Apr 2021074760.362.76$2,061
Mar 2021078461.302.72$2,130
Feb 2021064557.805.55$3,578
Jan 2021077650.412.81$2,181
Dec 2020078044.642.68$2,087
Nov 2020075838.772.71$2,052
Oct 2020078436.972.48$1,943
Sep 2020076337.091.99$1,519
Aug 2020076839.982.39$1,832
Jul 2020079038.371.83$1,442
Jun 2020076834.901.69$1,298
May 2020079516.921.81$1,443
Apr 2020078014.751.80$1,407
Mar 2020076030.341.86$1,411
Feb 2020075849.881.98$1,501
Jan 2020080957.252.09$1,695
Dec 2019081959.012.30$1,887
Nov 2019077255.302.75$2,124
Oct 2019081953.472.42$1,981
Sep 2019079955.052.66$2,123
Aug 2019082453.112.30$1,899
Jul 2019083356.272.46$2,049
Jun 2019081352.782.49$2,025
May 2019084458.482.74$2,313
Apr 2019084262.632.75$2,316
Mar 2019077456.803.06$2,370
Feb 2019073950.852.79$2,063
Jan 2019079646.033.23$2,570
Dec 2018083046.594.19$3,474
Nov 2018081352.934.24$3,445
Oct 2018084661.443.40$2,875
Sep 2018081959.543.11$2,545
Aug 2018087459.403.07$2,680
Jul 2018088265.142.93$2,586
Jun 2018085660.183.08$2,634
May 2018082165.382.90$2,382
Apr 2018085663.842.90$2,483
Mar 2018085061.222.79$2,369
Feb 2018078361.782.77$2,166
Jan 2018081462.874.01$3,264
Dec 2017083457.272.92$2,437
Nov 2017079855.423.12$2,488
Oct 2017086549.292.98$2,581
Sep 2017073747.523.09$2,275
Aug 2017085245.373.00$2,560
Jul 2017083543.873.09$2,578
Jun 2017081542.493.09$2,516
May 2017087045.373.26$2,839
Apr 2017085747.933.21$2,752
Mar 2017082746.772.98$2,468
Feb 2017073650.452.95$2,173
Jan 2017086249.413.42$2,947
Dec 2016087548.763.72$3,257
Nov 2016087142.492.64$2,303
Oct 2016090146.193.09$2,784
Sep 2016084741.553.10$2,626
Aug 2016087041.442.92$2,544
Jul 201614284741.622.92$8,387
Jun 2016081645.352.69$2,192
May 2016082942.521.99$1,651
Apr 2016084336.561.99$1,678
Mar 2016086833.011.79$1,557
Feb 2016081926.472.06$1,690
Jan 2016089827.352.36$2,123
Dec 2015093932.362.00$1,879
Nov 2015091738.792.17$1,987
Oct 2015093643.552.43$2,271
Sep 2015089742.992.76$2,474
Aug 2015092440.162.87$2,654
Jul 2015091848.152.95$2,704
Jun 2015090056.152.88$2,595
May 2015093455.212.96$2,760
Apr 2015090049.822.71$2,436
Mar 2015095342.892.93$2,797
Feb 2015086144.662.98$2,563
Jan 2015096543.433.10$2,992
Dec 2014094154.693.59$3,379
Nov 2014097270.464.25$4,133
Oct 2014092078.303.90$3,589
Sep 2014076986.164.05$3,111
Aug 2014093989.394.04$3,789
Jul 2014096396.564.18$4,025
Jun 2014093798.164.74$4,438
May 2014099494.734.73$4,698
Apr 2014094195.944.81$4,525
Mar 2014099595.895.06$5,032
Feb 2014094897.406.19$5,870
Jan 201401,00590.404.86$4,885
Dec 201301,05391.824.35$4,585
Nov 201301,01788.853.74$3,802
Oct 2013071097.423.78$2,683
Sep 20130866104.113.72$3,220
Aug 20130901104.253.52$3,174
Jul 20130916102.523.72$3,405
Jun 2013087094.403.93$3,422
May 2013091594.834.15$3,796
Apr 2013090693.964.28$3,880
Mar 2013093993.623.91$3,674
Feb 2013087691.233.42$2,996
Jan 2013094591.603.42$3,232
Dec 2012091686.773.42$3,133
Nov 2012088886.953.62$3,219
Oct 2012093589.383.40$3,179
Sep 2012092894.672.92$2,708
Aug 2012093492.662.91$2,716
Jul 2012093185.133.02$2,812
Jun 201201,67079.822.52$4,207
May 201201,06591.612.49$2,650
Apr 20120763101.652.00$1,524
Mar 20120977105.052.22$2,171
Feb 20120899101.102.57$2,311
Jan 2012095198.092.73$2,600
Dec 201101,01296.873.24$3,279
Nov 201101,02295.723.31$3,384
Oct 2011099884.983.65$3,641
Sep 2011095583.623.99$3,806
Aug 2011097583.404.15$4,046
Jul 2011097194.144.52$4,386
Jun 2011093192.904.64$4,320
May 201101,00298.134.40$4,414
Apr 20110808105.964.33$3,501
Mar 201101,05496.364.06$4,276
Feb 2011092485.644.18$3,862
Jan 20111481,15486.504.59$18,097
Dec 201001,12485.734.35$4,887
Nov 201001,06380.843.80$4,034
Oct 201001,09878.103.51$3,853
Sep 201001,02072.633.98$4,059
Aug 201001,08173.684.42$4,777
Jul 201001,06572.554.74$5,044
Jun 201001,07470.364.91$5,274
May 201001,06771.124.24$4,519
Apr 201001,07481.694.12$4,428
Mar 201001,06378.394.39$4,665
Feb 2010095673.585.44$5,203
Jan 201001,21974.365.96$7,270
Dec 200901,21671.445.48$6,668
Nov 200901,15074.593.75$4,314
Oct 200901,18372.544.11$4,862
Sep 200901,09465.543.06$3,353
Aug 200902,37467.423.22$7,641
Jul 200901,20761.133.46$4,182
Jun 200901,15266.163.90$4,487
May 200901,18154.743.93$4,636
Apr 200901,15546.773.59$4,144
Mar 200901,26042.144.06$5,114
Feb 200901,14232.814.63$5,291
Jan 200901,40135.865.37$7,525
Dec 200801,24637.105.98$7,448
Nov 200801,25755.496.86$8,623
Oct 200801,27975.246.92$8,853
Sep 200801,193101.767.88$9,397
Aug 200801,224114.228.48$10,383
Jul 200801,275131.0811.39$14,522
Jun 200801,283131.3313.03$16,721
May 200801,270123.1711.57$14,699
Apr 200801,309110.3110.45$13,685
Mar 200801,370101.909.66$13,240
Feb 200801,33992.538.77$11,744
Jan 200801,01690.388.21$8,337
Dec 200701,47088.337.30$10,734
Nov 200701,33291.677.29$9,713
Oct 200701,15182.856.92$7,967
Sep 200701,36475.846.24$8,517
Aug 200701,40169.066.39$8,950
Jul 200701,36770.906.39$8,732
Jun 200701,35562.007.55$10,228
May 200701,36758.747.85$10,726
Apr 200701,37659.617.81$10,740
Mar 200701,43756.927.30$10,493
Feb 200701,31255.108.22$10,779
Jan 20071481,25750.306.73$15,900
Dec 200601,54956.656.92$10,717
Nov 200601,47354.207.62$11,221
Oct 200601,53754.906.01$9,243
Sep 200601,46060.085.04$7,354
Aug 200601,49768.717.34$10,988
Jul 200601,78069.376.34$11,290
Jun 200601,83666.286.38$11,721
May 200601,60766.016.42$10,325
Apr 200601,63964.397.36$12,064
Mar 200602,01356.707.08$14,258
Feb 2006071057.597.75$5,503
Jan 200601,65360.598.93$14,767
Dec 200501,75054.9413.42$23,477
Nov 200501,50154.6910.59$15,893
Oct 200501,68958.3413.80$23,301
Sep 2005048361.4512.08$5,834
Aug 2005063961.519.80$6,260
Jul 200501,69755.697.84$13,311
Jun 200501,65752.337.38$12,230
May 200501,76245.226.65$11,719
Apr 200501,78549.207.36$13,138
Mar 200501,80950.377.15$12,943
Feb 200501,66145.226.31$10,484
Jan 200501,89943.166.32$12,006
Dec 2004421,96339.866.75$14,926
Nov 200401,84645.286.33$11,686
Oct 200401,98349.706.52$12,919
Sep 200401,96343.245.28$10,372
Aug 200402,06142.375.55$11,440
Jul 200402,10238.286.08$12,789
Jun 20041532,06536.106.43$18,807
May 20041532,13837.486.49$19,620
Apr 200402,13734.475.86$12,520
Mar 200402,20734.365.53$12,205
Feb 200402,08632.455.51$11,493
Jan 200402,24032.036.30$14,111
Dec 200302,44030.266.30$15,376
Nov 200302,55028.804.60$11,718
Oct 200302,78828.174.76$13,270
Sep 200302,88926.314.75$13,721
Aug 200303,49929.765.13$17,949
Jul 2003080829.415.17$4,178
Jun 2003054928.565.98$3,285
May 2003054726.595.97$3,267
Apr 2003064026.675.41$3,461
Mar 2003062331.146.10$3,798
Feb 2003075133.487.93$5,952
Jan 200301,07830.315.58$6,017
Dec 200201,14226.914.85$5,543
Nov 20021231,47424.664.14$9,131
Oct 200201,01426.464.23$4,288
Sep 20020027.443.64$0
Aug 2002087925.963.16$2,781
Jul 2002080724.583.06$2,471
Jun 2002072523.733.34$2,420
May 200201,16624.663.58$4,179
Apr 200201,24423.653.51$4,369
Mar 200201,66922.003.10$5,178
Feb 2002071118.222.38$1,689
Jan 2002056817.172.38$1,349
Dec 2001041916.932.36$991
Nov 2001061318.072.41$1,475
Oct 2001057619.782.53$1,457
Sep 2001039424.262.25$887
Aug 200101,22724.873.05$3,746
Jul 200101,45323.933.20$4,645
Jun 200101,43224.563.82$5,476
May 200102,83125.524.31$12,194
Apr 200102,76724.685.34$14,763
Mar 200102,88624.545.38$15,516
Feb 200101,49327.755.77$8,610
Jan 200101,70327.478.40$14,303
Dec 200001,71426.889.12$15,636
Nov 200001,77132.215.66$10,020
Oct 200002,17831.235.15$11,207
Sep 200001,32731.875.19$6,882
Aug 2000080629.644.54$3,660
Jul 200001,77628.534.09$7,263
Jun 200001,54329.304.40$6,785
May 200003,30027.263.68$12,143
Apr 200001,63424.513.12$5,092
Mar 200001,98428.422.86$5,674
Feb 200003,21627.622.73$8,768
Jan 200003,44825.272.48$8,553
Dec 199902,07924.282.42$5,039
Nov 199902,06023.192.43$5,014
Oct 199901,99820.982.80$5,602
Sep 199901,99221.752.62$5,217
Aug 199901,98719.262.88$5,714
Jul 199901,94917.892.37$4,624
Jun 199902,07015.942.36$4,890
May 199904,26915.792.32$9,908
Apr 199902,20015.102.21$4,858
Mar 199902,50012.471.84$4,596
Feb 199902,5209.981.82$4,581
Jan 199902,19410.381.90$4,168
Dec 199809319.201.77$1,651
Nov 199802,51810.892.19$5,504
Oct 199802,66312.421.97$5,244
Sep 199802,42512.592.08$5,050
Aug 199802,28611.301.91$4,360
Jul 199802,24211.742.24$5,016
Jun 199802,38311.242.24$5,331
May 199802,96312.622.21$6,537
Apr 199803,07213.042.51$7,696
Mar 199803,35412.802.31$7,746
Feb 199802,34913.952.30$5,401
Jan 199802,59714.702.15$5,596
Dec 199702,43416.322.41$5,869
Nov 199703,21018.193.09$9,913
Oct 199702,68619.253.15$8,460
Sep 199704,39117.742.95$12,975
Aug 199704,87617.862.55$12,457
Jul 199705,33717.582.25$11,992
Jun 199705,61417.242.26$12,672
May 199706,69618.972.31$15,458
Apr 199707,19817.882.08$14,992
Mar 199708,94318.951.94$17,342
Feb 1997010,75520.492.21$23,724
Jan 199707,54923.483.54$26,721

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                  743 Mcf  × $  3.05 =     $2,263

────────────────────────────────────────────────────
Month total                                   $2,263

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. 10/G/164233 is the state's own key, not one this site invented.