FRANKLIN

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 266785District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.9 M
Oct 2011 – May 2026
Value, last 12 filed months
$167 k
at the published price for each month
Months reported
176
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 40 acres. The field rule took effect on 2017-02-28.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: BASED ON 3000 TO 1 GAS OIL RATIO

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 Gas112013-08-09210169
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
CondensateDisposition232,343 bbl$19,698,708
GasProduction1,363,097 Mcf$4,237,935
Total$23,936,643

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 28.4000, -98.5316. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.39999, -98.53158 · 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
11,708 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 11,708 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-31134606A 1H11,708 ftMay 2012

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 (176)

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

176 months

May 20263991106.413.05$3,338
Apr 20265098.932.87$495
Mar 2026434189.753.15$1,433
Feb 202665063.503.75$4,128
Jan 20260659.138.00$48
Dec 2025862656.664.41$3,216
Nov 2025062758.593.93$2,462
Oct 20251134959.383.30$1,807
Sep 202516648462.743.08$11,904
Aug 20251,7165,79063.933.01$127,159
Jul 202502,63466.743.32$8,732
Jun 2025062866.483.13$1,965
May 202524112560.553.23$14,997
Apr 2025961,23862.363.54$10,373
Mar 20251211,49967.704.27$14,590
Feb 20252401,83870.884.34$24,990
Jan 20251232,53274.324.28$19,975
Dec 20241992,46368.993.12$21,417
Nov 2024522,26469.052.20$8,568
Oct 20244951,27671.372.28$38,239
Sep 202401,18369.612.36$2,797
Aug 20242861,26375.632.06$24,237
Jul 2024070679.932.15$1,515
Jun 20242791,33078.082.63$25,288
May 202423775378.812.20$20,333
Apr 202429071884.451.66$25,682
Mar 202415961680.301.55$13,720
Feb 20242481,49176.091.78$21,530
Jan 20240073.023.30$0
Dec 202330571.262.61$2,151
Nov 2023871777.892.81$6,824
Oct 2023145385.443.09$12,398
Sep 20232092,28189.042.74$24,848
Aug 2023109080.522.67$8,777
Jul 20230374.852.64$8
Jun 202313819568.962.26$9,957
May 20231021,29270.622.23$10,081
Apr 202324251878.122.24$20,064
Mar 202337094272.852.39$29,209
Feb 20232571,43675.112.47$22,844
Jan 20232091,73876.533.39$21,883
Dec 202213898776.415.73$16,199
Nov 20222522,11885.005.65$33,379
Oct 20222541,50587.185.86$30,969
Sep 20222581,50084.888.16$34,145
Aug 20221311,49694.529.13$26,036
Jul 20223941,501101.587.54$51,343
Jun 20222441,522115.097.98$40,223
May 20222531,505109.378.43$40,362
Apr 20222641,500104.226.84$37,770
Mar 20222662,106108.885.08$39,653
Feb 20222661,46991.054.86$31,357
Jan 20222671,90181.844.54$30,477
Dec 20214042,02771.323.90$36,717
Nov 20212532,13477.435.24$30,765
Oct 20212761,40379.795.71$30,039
Sep 20212972,45369.865.35$33,874
Aug 20212392,13666.024.22$24,794
Jul 20213182,06970.783.98$30,747
Jun 20212151,91969.493.38$21,428
May 20212762,01963.483.02$23,613
Apr 20211992,02460.362.76$17,595
Mar 20213862,53861.302.72$30,557
Feb 20211211,61657.805.55$15,959
Jan 20213663,55450.412.81$28,438
Dec 20202473,34544.642.68$19,975
Nov 20203653,28738.772.71$23,048
Oct 20204973,83636.972.48$27,881
Sep 20202453,79437.091.99$16,641
Aug 20202212,04839.982.39$13,720
Jul 20203472,36538.371.83$17,631
Jun 20203743,15234.901.69$18,380
May 20202513,14516.921.81$9,954
Apr 20203683,06514.751.80$10,958
Mar 20203482,54430.341.86$15,281
Feb 20203832,50549.881.98$24,066
Jan 20204022,70457.252.09$28,679
Dec 20193882,69259.012.30$29,099
Nov 20192492,67755.302.75$21,133
Oct 20195252,76153.472.42$34,749
Sep 20193592,66255.052.66$26,837
Aug 20192462,17953.112.30$18,086
Jul 20195062,96456.272.46$35,764
Jun 20192442,92352.782.49$20,160
May 20195092,87858.482.74$37,653
Apr 20193712,52262.632.75$30,173
Mar 20195052,76056.803.06$37,135
Feb 20193952,58850.852.79$27,312
Jan 20195142,68946.033.23$32,340
Dec 20185162,85346.594.19$35,982
Nov 20184852,69052.934.24$37,069
Oct 20184052,97161.443.40$34,979
Sep 20185053,81459.543.11$41,922
Aug 20183572,48059.403.07$28,811
Jul 201812618465.142.93$8,747
Jun 20184803,11160.183.08$38,459
May 20186013,29565.382.90$48,852
Apr 20184873,07363.842.90$40,004
Mar 20184933,70861.222.79$40,515
Feb 20183444,19861.782.77$32,864
Jan 20184074,90062.874.01$45,234
Dec 20175115,44757.272.92$45,178
Nov 20174658,75855.423.12$53,081
Oct 20173421,97849.292.98$22,759
Sep 20174675,34447.523.09$38,690
Aug 20172912,45845.373.00$20,587
Jul 20170043.873.09$0
Jun 20172692,29242.493.09$18,506
May 20174264,03945.373.26$32,508
Apr 20175374,51147.933.21$40,226
Mar 20177255,23746.772.98$49,534
Feb 20178005,01350.452.95$55,161
Jan 20178885,49749.413.42$62,669
Dec 20165645,43448.763.72$47,731
Nov 20167485,63442.492.64$46,681
Oct 20163993,78946.193.09$30,139
Sep 20167276,32841.553.10$49,828
Aug 20164333,78641.442.92$29,015
Jul 20166514,62341.622.92$40,614
Jun 20164334,79545.352.69$32,515
May 20167326,80042.521.99$44,664
Apr 20167856,26536.561.99$41,173
Mar 20166446,70033.011.79$33,278
Feb 20166966,87726.472.06$32,615
Jan 20169447,26427.352.36$42,993
Dec 20157815,81032.362.00$36,901
Nov 20159277,03138.792.17$51,197
Oct 20151,1107,50543.552.43$66,552
Sep 20151,0936,87542.992.76$65,952
Aug 20158575,74340.162.87$50,914
Jul 20151,1915,45848.152.95$73,421
Jun 20158996,71156.152.88$69,826
May 20154523,93355.212.96$36,579
Apr 20159566,65649.822.71$65,643
Mar 20157925,38642.892.93$49,775
Feb 20153833,12544.662.98$26,405
Jan 20151,3209,83543.433.10$87,822
Dec 20141,32410,21054.693.59$109,077
Nov 20141,3767,40770.464.25$128,446
Oct 20141,2919,52478.303.90$138,238
Sep 20141,2449,44586.164.05$145,392
Aug 20141,63310,21989.394.04$187,209
Jul 20142,5249,95996.564.18$285,342
Jun 20143,3989,66198.164.74$379,311
May 20144,9669,77894.734.73$516,645
Apr 20144,90410,11995.944.81$519,153
Mar 20145,24011,32195.895.06$559,712
Feb 20142,23511,00997.406.19$285,857
Jan 20141,26112,96490.404.86$177,009
Dec 20131,07513,34891.824.35$156,830
Nov 20131,83012,47888.853.74$209,242
Oct 20133,0519,63997.423.78$333,658
Sep 20133,2408,355104.113.72$368,378
Aug 20133,4019,714104.253.52$388,773
Jul 20132,3177,294102.523.72$264,656
Jun 20133,35918,97994.403.93$391,742
May 20133,10015,40794.834.15$357,898
Apr 20132,53519,39293.964.28$321,237
Mar 20133,88522,40893.623.91$451,393
Feb 20133,59721,58391.233.42$401,966
Jan 20133,98523,99891.603.42$447,097
Dec 20123,55725,99986.773.42$397,562
Nov 20126,01037,10086.953.62$657,056
Oct 20126,15342,84689.383.40$695,618
Sep 20125,22332,82594.672.92$590,258
Aug 20128,28765,88992.662.91$959,489
Jul 201212,43166,48485.133.02$1,259,086
Jun 201215,12593,42579.822.52$1,442,619
May 201211,52660,13891.612.49$1,205,539
Apr 201216,48096,624101.652.00$1,868,131
Mar 201215,55777,994105.052.22$1,807,572
Feb 20129,63347,795101.102.57$1,096,741
Jan 20121,5157,48798.092.73$169,076
Dec 2011031496.873.24$1,017
Nov 20112,49314,89395.723.31$287,945
Oct 201103,57184.983.65$13,029

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             3 bbl  × $106.41 =       $319
Gas                  991 Mcf  × $  3.05 =     $3,018

────────────────────────────────────────────────────
Month total                                   $3,338

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. 01/G/266785 is the state's own key, not one this site invented.