FAULKNER, SILER

Operated by PONDEROSA TX OPERATING LLC (P-5 670097) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 390District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$69 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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 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 1989-05-01.

The Commission's schedule remark for this field reads: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

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
NGPA6none

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
OilDisposition67,808 bbl$2,571,242
Casinghead gasProduction132,178 Mcf$514,889
Total$3,086,132

25,079 Mcf of this lease's gas, across 44 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 (12)

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 35.4394, -100.8343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles. 1 well has no surveyed location and is left out of it.

35.44095, -100.83418 · centre of 11 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
25.0%
3 of 12 wells
With a plug date
25.0%
3 of 12 wells
Median depth
3,285 ft
5 wells filed one
Completion to plug
95.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
325.0%
A plug date is filed
325.0%
BothOn the schedule and plugged. Neither fact cancels the other.
325.0%
NeitherNo plug date, and not on the schedule.
975.0%

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

Total depth in feet, 5 of 12 wells. Median 3,285 ft, with the middle half between 3,064 and 3,327 ft; the shallowest is 3,013 ft and the deepest 3,342 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 2 of 12 wells, Aug 1929 – Mar 1957. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1929 – Mar 1957
2 of 12 wells; 10 filed none
Plug dates filed
Jul 1972 – May 2025
3 of 12 wells; 9 filed none

Last completion to plug: a median of 95.8 years across the 1 well that filed both dates, with the middle half between 95.8 years and 95.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-1798196853,013 ftJan 1985Yes
42-179853751Jul 1972Yes
42-17900339123,285 ft
42-1790034311W3,342 ft
42-179819652
42-179819674
42-179819696
42-179819708
42-179819719
42-1798197210
42-17900340133,327 ftMar 1957
42-1790317433,064 ftAug 1929May 2025Yes

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 202600106.413.05$0
Apr 2026178098.932.87$17,610
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026179059.138.00$10,584
Dec 20250056.664.41$0
Nov 2025165058.593.93$9,667
Oct 20250059.383.30$0
Sep 2025174062.743.08$10,917
Aug 2025149063.933.01$9,526
Jul 20250066.743.32$0
Jun 2025167066.483.13$11,102
May 20250060.553.23$0
Apr 2025182062.363.54$11,350
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024163068.993.12$11,245
Nov 20240069.052.20$0
Oct 2024123071.372.28$8,779
Sep 2024175069.612.36$12,182
Aug 20240075.632.06$0
Jul 2024182079.932.15$14,547
Jun 20240078.082.63$0
May 2024150078.812.20$11,822
Apr 202469084.451.66$5,827
Mar 2024108080.301.55$8,672
Feb 2024180076.091.78$13,696
Jan 20240073.023.30$0
Dec 2023146071.262.61$10,404
Nov 2023182077.892.81$14,176
Oct 20230085.443.09$0
Sep 2023174089.042.74$15,493
Aug 20230080.522.67$0
Jul 2023100074.852.64$7,485
Jun 20230068.962.26$0
May 2023184070.622.23$12,994
Apr 20230078.122.24$0
Mar 202399072.852.39$7,212
Feb 202364075.112.47$4,807
Jan 2023162076.533.39$12,398
Dec 20220076.415.73$0
Nov 2022107085.005.65$9,095
Oct 20220087.185.86$0
Sep 2022158084.888.16$13,411
Aug 20220094.529.13$0
Jul 20221520101.587.54$15,440
Jun 202200115.097.98$0
May 2022780109.378.43$8,531
Apr 20221780104.226.84$18,551
Mar 202200108.885.08$0
Feb 2022161091.054.86$14,659
Jan 20220081.844.54$0
Dec 2021144071.323.90$10,270
Nov 20210077.435.24$0
Oct 202199079.795.71$7,899
Sep 2021179069.865.35$12,505
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021137069.493.38$9,520
May 2021185063.483.02$11,744
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021164057.805.55$9,479
Jan 20210250.412.81$6
Dec 20200044.642.68$0
Nov 2020163038.772.71$6,320
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020150039.982.39$5,997
Jul 20200038.371.83$0
Jun 2020181034.901.69$6,317
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020164030.341.86$4,976
Feb 20200049.881.98$0
Jan 2020169057.252.09$9,675
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019162053.472.42$8,662
Sep 20190055.052.66$0
Aug 2019172053.112.30$9,135
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019173058.482.74$10,117
Apr 20190062.632.75$0
Mar 20190556.803.06$15
Feb 2019167050.852.79$8,492
Jan 20190046.033.23$0
Dec 201818311146.594.19$8,991
Nov 201806952.934.24$292
Oct 2018030061.443.40$1,019
Sep 201817335959.543.11$11,416
Aug 2018025259.403.07$773
Jul 2018017865.142.93$522
Jun 2018171060.183.08$10,291
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018183261.222.79$11,209
Feb 2018182261.782.77$11,249
Jan 20180062.874.01$0
Dec 201701157.272.92$32
Nov 20170155.423.12$3
Oct 20171662449.292.98$8,254
Sep 2017014847.523.09$457
Aug 2017020945.373.00$628
Jul 201718132443.873.09$8,941
Jun 2017032842.493.09$1,013
May 2017016445.373.26$535
Apr 2017031147.933.21$999
Mar 2017020246.772.98$603
Feb 2017179050.452.95$9,031
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201606142.492.64$161
Oct 201617912846.193.09$8,664
Sep 2016018541.553.10$574
Aug 201618126141.442.92$8,264
Jul 2016021041.622.92$614
Jun 2016010345.352.69$277
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160133.011.79$2
Feb 20160626.472.06$12
Jan 20160527.352.36$12
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201501349.822.71$35
Mar 201517916842.892.93$8,170
Feb 2015054044.662.98$1,607
Jan 2015043343.433.10$1,343
Dec 201414460754.693.59$10,055
Nov 2014084170.464.25$3,576
Oct 201417548178.303.90$15,579
Sep 2014057686.164.05$2,330
Aug 201417935589.394.04$17,433
Jul 2014032596.564.18$1,358
Jun 2014033498.164.74$1,582
May 201418333494.734.73$18,914
Apr 2014018795.944.81$899
Mar 201418019995.895.06$18,267
Feb 2014010397.406.19$638
Jan 201418213790.404.86$17,119
Dec 2013010891.824.35$470
Nov 2013016888.853.74$628
Oct 201317632297.423.78$18,363
Sep 20130334104.113.72$1,242
Aug 2013166298104.253.52$18,355
Jul 2013172254102.523.72$18,578
Jun 2013020194.403.93$791
May 2013029594.834.15$1,224
Apr 201313519793.964.28$13,528
Mar 20131769293.623.91$16,837
Feb 2013013891.233.42$472
Jan 20130891.603.42$27
Dec 20121807586.773.42$15,875
Nov 2012029286.953.62$1,058
Oct 201217033689.383.40$16,337
Sep 2012044394.672.92$1,293
Aug 201216645892.662.91$16,714
Jul 2012045385.133.02$1,368
Jun 201217842079.822.52$15,266
May 201217537291.612.49$16,957
Apr 2012156357101.652.00$16,570
Mar 201217390105.052.22$18,374
Feb 2012179230101.102.57$18,688
Jan 2012028598.092.73$779
Dec 2011013496.873.24$434
Nov 201117524795.723.31$17,569
Oct 201117827284.983.65$16,119
Sep 2011030683.623.99$1,220
Aug 201117540283.404.15$16,263
Jul 2011036594.144.52$1,649
Jun 201117332892.904.64$17,594
May 201117423598.134.40$18,110
Apr 2011175162105.964.33$19,245
Mar 201137536296.364.06$37,604
Feb 201117117285.644.18$15,363
Jan 2011035486.504.59$1,624
Dec 2010041485.734.35$1,800
Nov 2010024980.843.80$945
Oct 201016133678.103.51$13,753
Sep 201017274972.633.98$15,473
Aug 201016651273.684.42$14,494
Jul 201035347772.554.74$27,869
Jun 201016067770.364.91$14,582
May 2010080871.124.24$3,422
Apr 201017076481.694.12$17,037
Mar 201017166378.394.39$16,314
Feb 201016360173.585.44$15,264
Jan 2010059774.365.96$3,561
Dec 2009051171.445.48$2,802
Nov 200918374774.593.75$16,452
Oct 200918076872.544.11$16,214
Sep 2009075565.543.06$2,314
Aug 200918491867.423.22$15,360
Jul 20091821,00861.133.46$14,618
Jun 200936095966.163.90$27,553
May 2009098454.743.93$3,863
Apr 200917492146.773.59$11,442
Mar 200918086342.144.06$11,088
Feb 200955666132.814.63$21,305
Jan 200918569935.865.37$10,388
Dec 2008066737.105.98$3,987
Nov 200817980455.496.86$15,448
Oct 2008096175.246.92$6,652
Sep 20081801,096101.767.88$26,950
Aug 2008162447114.228.48$22,296
Jul 20083651,157131.0811.39$61,022
Jun 200801,309131.3313.03$17,060
May 20081742,008123.1711.57$44,673
Apr 20082511,728110.3110.45$45,754
Mar 2008108743101.909.66$18,186
Feb 20080092.538.77$0
Jan 200818322290.388.21$18,361
Dec 200719342588.337.30$20,151
Nov 2007036891.677.29$2,683
Oct 200716936182.856.92$16,500
Sep 200720425375.846.24$17,051
Aug 200720050269.066.39$17,019
Jul 200719648870.906.39$17,014
Jun 200735550262.007.55$25,799
May 200719352158.747.85$15,425
Apr 200722641759.617.81$16,727
Mar 200718320756.927.30$11,928
Feb 2007035255.108.22$2,892
Jan 200718732650.306.73$11,599
Dec 2006044856.656.92$3,099
Nov 20061792054.207.62$9,854
Oct 200619323854.906.01$12,027
Sep 2006028260.085.04$1,420
Aug 200618432268.717.34$15,006
Jul 2006046369.376.34$2,937
Jun 200618427766.286.38$13,964
May 200618540566.016.42$14,814
Apr 2006043464.397.36$3,194
Mar 20062069756.707.08$12,367
Feb 20060057.597.75$0
Jan 2006037460.598.93$3,341
Dec 200547642054.9413.42$31,786
Nov 2005028554.6910.59$3,018
Oct 20050058.3413.80$0
Sep 2005011461.4512.08$1,377
Aug 200529434061.519.80$21,415
Jul 2005049755.697.84$3,898
Jun 200531749352.337.38$20,227
May 2005046845.226.65$3,113
Apr 200521450349.207.36$14,231
Mar 200530859350.377.15$19,757
Feb 2005055645.226.31$3,509
Jan 200532242843.166.32$16,603
Dec 2004049539.866.75$3,342
Nov 2004049145.286.33$3,108
Oct 200427855749.706.52$17,446
Sep 2004055943.245.28$2,954
Aug 200426856442.375.55$14,486
Jul 2004041738.286.08$2,537
Jun 200428847336.106.43$13,440
May 2004054737.486.49$3,553
Apr 200429944534.475.86$12,914
Mar 2004049634.365.53$2,743
Feb 200432124232.455.51$11,750
Jan 2004031132.036.30$1,959
Dec 200335936830.266.30$13,182
Nov 2003050728.804.60$2,330
Oct 2003328028.174.76$9,240
Sep 20030026.314.75$0
Aug 20031684129.765.13$5,210
Jul 200316711229.415.17$5,491
Jun 20032025528.565.98$6,098
May 20032345426.595.97$6,545
Apr 200306726.675.41$362
Mar 2003020231.146.10$1,231
Feb 200321616233.487.93$8,516
Jan 200320417030.315.58$7,132
Dec 200224321726.914.85$7,592
Nov 200221723524.664.14$6,323
Oct 200223229026.464.23$7,365
Sep 2002033327.443.64$1,211
Aug 200223135325.963.16$7,114
Jul 200223738724.583.06$7,010
Jun 200234837923.733.34$9,523
May 2002038424.663.58$1,376
Apr 2002036823.653.51$1,293
Mar 200228229722.003.10$7,126
Feb 2002042918.222.38$1,019
Jan 2002056717.172.38$1,347
Dec 200135552416.932.36$7,249
Nov 2001050118.072.41$1,205
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001284024.873.05$7,063
Jul 20010023.933.20$0
Jun 2001356024.563.82$8,743
May 20010025.524.31$0
Apr 200130010124.685.34$7,943
Mar 200141465124.545.38$13,660
Feb 2001058227.755.77$3,356
Jan 200143369027.478.40$17,690
Dec 2000081926.889.12$7,471
Nov 2000081832.215.66$4,628
Oct 200034395031.235.15$15,600
Sep 2000094431.875.19$4,896
Aug 200035596129.644.54$14,886
Jul 2000081128.534.09$3,317
Jun 200028590629.304.40$12,334
May 200046394227.263.68$16,088
Apr 2000092524.513.12$2,882
Mar 200031785428.422.86$11,451
Feb 200042271027.622.73$13,591
Jan 200042873125.272.48$12,629
Dec 1999059124.282.42$1,432
Nov 199945592923.192.43$12,813
Oct 199901,01320.982.80$2,840
Sep 199943386221.752.62$11,675
Aug 199941081319.262.88$10,234
Jul 1999092117.892.37$2,185
Jun 199944880615.942.36$9,045
May 1999039815.792.32$924
Apr 199945774615.102.21$8,548
Mar 199943979012.471.84$6,927
Feb 199906189.981.82$1,123
Jan 199937770810.381.90$5,258
Dec 199802969.201.77$525
Nov 1998090010.892.19$1,967
Oct 199824295912.421.97$4,894
Sep 199829094612.592.08$5,621
Aug 19984011,10611.301.91$6,641
Jul 19984001,12611.742.24$7,215
Jun 199801,24811.242.24$2,792
May 19982541,16812.622.21$5,782
Apr 19982381,04913.042.51$5,732
Mar 199831869312.802.31$5,671
Feb 199840866613.952.30$7,223
Jan 199842127914.702.15$6,790
Dec 1997034216.322.41$825
Nov 199741073618.193.09$9,731
Oct 199729080919.253.15$8,131
Sep 199733155017.742.95$7,497
Aug 199753930017.862.55$10,393
Jul 1997337017.582.25$5,924
Jun 1997342017.242.26$5,896
May 1997690018.972.31$13,089
Apr 19970117.882.08$2
Mar 1997404118.951.94$7,658
Feb 1997354720.492.21$7,269
Jan 1997739623.483.54$17,373
Dec 1996436423.32$10,168
Nov 199646118821.97$10,128
Oct 1996098923.31$0
Sep 199644996722.22$9,977
Aug 199631785820.26$6,422
Jul 199660860119.55$11,886
Jun 199632776318.73$6,125
May 199651570319.43$10,006
Apr 199666787621.51$14,347
Mar 199639084919.38$7,558
Feb 199633231916.98$5,637
Jan 199647479217.07$8,091
Dec 19954301,01817.19$7,392
Nov 19954871,07216.00$7,792
Oct 19954741,14515.43$7,314
Sep 19953301,04416.18$5,339
Aug 19953831,10315.92$6,097
Jul 199555287215.24$8,412
Jun 19954031,04816.41$6,613
May 19955791,15717.56$10,167
Apr 19954221,06017.73$7,482
Mar 1995465016.44$7,645
Feb 1995411016.58$6,814
Jan 1995407015.92$6,479
Dec 1994713015.03$10,716
Nov 199448465315.90$7,696
Oct 19943521,11415.58$5,484
Sep 19945521,32615.29$8,440
Aug 19945761,48116.13$9,291
Jul 199436776217.56$6,445
Jun 1994700117.09$11,963
May 1994535115.88$8,496
Apr 1994527114.14$7,452
Mar 1994488212.46$6,080
Feb 1994541112.50$6,763
Jan 1994639112.66$8,090
Dec 1993513112.33$6,325
Nov 1993680714.49$9,853
Oct 19935212215.85$8,258
Sep 19935657015.03$8,492
Aug 19935613115.66$8,785
Jul 199343211115.46$6,679
Jun 199353523716.79$8,983
May 199364627517.68$11,421
Apr 199353931118.05$9,729
Mar 199365640018.14$11,900
Feb 199345544417.90$8,145
Jan 199364239916.93$10,869

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.

Apr 2026 — as filed, then multipliedworked
Oil                  178 bbl  × $ 98.93 =    $17,610
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,610

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/O/390 is the state's own key, not one this site invented.