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 266820District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.5 M
Nov 2011 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
175
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 Gas112013-08-22210170
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
CondensateDisposition72,760 bbl$6,207,738
GasProduction1,055,241 Mcf$3,244,898
Total$9,452,636

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 28.3997, -98.5173. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.39973, -98.51730 · 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
11,755 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 11,755 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-31134607B 1H11,755 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 (175)

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

175 months

May 20260705106.413.05$2,147
Apr 202619346498.932.87$20,425
Mar 202601,60889.753.15$5,064
Feb 202601,45763.503.75$5,464
Jan 20261961,11159.138.00$20,475
Dec 202501,99256.664.41$8,791
Nov 2025017458.593.93$683
Oct 202501,49659.383.30$4,944
Sep 20251921,72362.743.08$17,348
Aug 202502,65063.933.01$7,989
Jul 202502,84566.743.32$9,432
Jun 20252321,40866.483.13$19,829
May 202501,97160.553.23$6,371
Apr 202501,45062.363.54$5,138
Mar 20251931,74167.704.27$20,497
Feb 202501,75770.884.34$7,627
Jan 20251931,95974.324.28$22,726
Dec 202401,37668.993.12$4,295
Nov 202401,59469.052.20$3,504
Oct 20243733,56071.372.28$34,743
Sep 202403,00469.612.36$7,103
Aug 202402,82675.632.06$5,832
Jul 202401,63979.932.15$3,518
Jun 20241912,76878.082.63$22,204
May 202401,17978.812.20$2,592
Apr 202419297484.451.66$17,830
Mar 2024068080.301.55$1,051
Feb 202419068076.091.78$15,670
Jan 2024060173.023.30$1,982
Dec 202319629571.262.61$14,737
Nov 2023082777.892.81$2,322
Oct 20231942,30985.443.09$23,704
Sep 202301,51189.042.74$4,133
Aug 20231871,65980.522.67$19,492
Jul 2023092074.852.64$2,430
Jun 202318873768.962.26$14,629
May 2023088070.622.23$1,960
Apr 202318827478.122.24$15,300
Mar 2023020372.852.39$486
Feb 202319167975.112.47$16,020
Jan 2023094376.533.39$3,195
Dec 2022056976.415.73$3,260
Nov 20221931,00985.005.65$22,102
Oct 202201,08087.185.86$6,333
Sep 20221821,07984.888.16$24,257
Aug 2022093594.529.13$8,534
Jul 20221851,028101.587.54$26,546
Jun 202201,193115.097.98$9,517
May 20221871,202109.378.43$30,589
Apr 202201,116104.226.84$7,631
Mar 20221891,654108.885.08$28,975
Feb 202201,04491.054.86$5,073
Jan 20221921,42381.844.54$22,170
Dec 202101,57671.323.90$6,145
Nov 20211901,57577.435.24$22,960
Oct 202101,12579.795.71$6,428
Sep 20211911,26269.865.35$20,096
Aug 202101,47966.024.22$6,242
Jul 20211951,58670.783.98$20,118
Jun 20211911,80869.493.38$19,385
May 20211853,03263.483.02$20,893
Apr 20211902,59760.362.76$18,632
Mar 202103,12561.302.72$8,490
Feb 20211862,44157.805.55$24,293
Jan 20211964,63450.412.81$22,903
Dec 202004,34244.642.68$11,617
Nov 202003,02438.772.71$8,185
Oct 20201943,66236.972.48$16,248
Sep 20201915,90737.091.99$18,845
Aug 202002,00639.982.39$4,785
Jul 20201924,10238.371.83$14,854
Jun 20201953,43734.901.69$12,615
May 202003,80416.921.81$6,903
Apr 20201973,09214.751.80$8,485
Mar 202003,38430.341.86$6,281
Feb 20201893,28849.881.98$15,940
Jan 20201982,44957.252.09$16,466
Dec 20191902,98959.012.30$18,100
Nov 201903,09455.302.75$8,511
Oct 20193853,03453.472.42$27,924
Sep 201902,92955.052.66$7,783
Aug 20191712,55453.112.30$14,967
Jul 20191912,26456.272.46$16,317
Jun 201901,99352.782.49$4,965
May 20191862,23658.482.74$17,005
Apr 20191881,94462.632.75$17,122
Mar 20191882,49156.803.06$18,306
Feb 201901,55250.852.79$4,334
Jan 20193913,11946.033.23$28,066
Dec 20181943,01446.594.19$21,653
Nov 201802,05652.934.24$8,712
Oct 20181803,13661.443.40$21,716
Sep 20181852,23659.543.11$17,964
Aug 20181923,28259.403.07$21,469
Jul 201801,26865.142.93$3,718
Jun 20181862,86760.183.08$20,015
May 20181871,94365.382.90$17,862
Apr 201802,79663.842.90$8,111
Mar 20181924,00561.222.79$22,916
Feb 201804,02261.782.77$11,125
Jan 20181953,37862.874.01$25,803
Dec 201703,17357.272.92$9,270
Nov 20173807,44055.423.12$44,260
Oct 2017024049.292.98$716
Sep 201702,15247.523.09$6,644
Aug 201703,29945.373.00$9,912
Jul 20173745,39043.873.09$33,048
Jun 201701,64342.493.09$5,072
May 20171913,05845.373.26$18,645
Apr 20171874,10247.933.21$22,137
Mar 20171894,09946.772.98$21,070
Feb 20171863,94250.452.95$21,023
Jan 20171864,52149.413.42$24,647
Dec 20161934,66748.763.72$26,785
Nov 20163834,33142.492.64$27,726
Oct 20161895,03746.193.09$24,296
Sep 20163833,95241.553.10$28,167
Aug 201603,74841.442.92$10,960
Jul 20161894,91141.622.92$22,228
Jun 20165464,45445.352.69$36,724
May 20161866,35542.521.99$20,562
Apr 20163743,14036.561.99$19,925
Mar 20164014,87333.011.79$21,979
Feb 20162315,42326.472.06$17,306
Jan 20162056,93727.352.36$22,008
Dec 201572,82232.362.00$5,875
Nov 20155783,16438.792.17$29,278
Oct 201555,43443.552.43$13,404
Sep 20151923,71342.992.76$18,496
Aug 20152034,99940.162.87$22,512
Jul 20153943,90048.152.95$30,457
Jun 20153884,88256.152.88$35,860
May 20151995,28955.212.96$26,618
Apr 20153864,99949.822.71$32,761
Mar 20151905,62142.892.93$24,645
Feb 20153625,92144.662.98$33,789
Jan 20151825,98543.433.10$26,462
Dec 20143707,11854.693.59$45,799
Nov 20144016,00170.464.25$53,770
Oct 20143787,03978.303.90$57,056
Sep 20143427,45586.164.05$59,625
Aug 20145507,44489.394.04$79,202
Jul 201437110,35296.564.18$79,091
Jun 20147236,96998.164.74$103,981
May 20141818,62994.734.73$57,932
Apr 20145309,85395.944.81$98,232
Mar 201476512,90695.895.06$138,619
Feb 201488810,62997.406.19$152,306
Jan 20145398,90190.404.86$91,991
Dec 20132133,87291.824.35$36,418
Nov 20135516,99388.853.74$75,098
Oct 201377314,52797.423.78$130,208
Sep 20131,18317,781104.113.72$189,267
Aug 201390523,622104.253.52$177,557
Jul 20131,43114,226102.523.72$199,595
Jun 20139575,82994.403.93$113,269
May 20133008,17894.834.15$62,380
Apr 20133784,33893.964.28$54,095
Mar 20139029,91393.623.91$123,234
Feb 20131,25012,46291.233.42$156,656
Jan 201388815,78491.603.42$135,321
Dec 20121,60514,96786.773.42$190,455
Nov 201288312,00786.953.62$120,302
Oct 20121,25316,25989.383.40$167,269
Sep 20121,25419,96794.672.92$176,988
Aug 20121,20021,85992.662.91$174,761
Jul 20122,34535,71785.133.02$307,524
Jun 20123,37747,41979.822.52$389,003
May 20123,21350,13791.612.49$419,100
Apr 20126,34680,284101.652.00$805,382
Mar 20127,31562,931105.052.22$908,278
Feb 20125,36554,847101.102.57$683,371
Jan 20122,53919,33498.092.73$301,911
Dec 201147652496.873.24$47,808
Nov 20111,06315,65295.723.31$153,579

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                  705 Mcf  × $  3.05 =     $2,147

────────────────────────────────────────────────────
Month total                                   $2,147

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/266820 is the state's own key, not one this site invented.