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 272754District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.8 M
Nov 2013 – May 2026
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
151
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 Gas112014-11-19213436
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
CondensateDisposition107,416 bbl$8,012,311
GasProduction790,150 Mcf$2,782,276
Total$10,794,587

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 28.4007, -98.5299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40069, -98.52988 · 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
10,702 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 10,702 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-31135580A 2H10,702 ftFeb 2014

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 (151)

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

151 months

May 2026179650106.413.05$21,027
Apr 202618784098.932.87$20,910
Mar 202618886289.753.15$19,588
Feb 20261161,74063.503.75$13,892
Jan 20260059.138.00$0
Dec 20251872756.664.41$10,715
Nov 2025082158.593.93$3,224
Oct 202517273359.383.30$12,636
Sep 20252664162.743.08$3,604
Aug 20253881,24763.933.01$28,564
Jul 20250066.743.32$0
Jun 2025031966.483.13$998
May 202515564060.553.23$11,454
Apr 20258840062.363.54$6,905
Mar 20256691167.704.27$8,357
Feb 20251401,32670.884.34$15,679
Jan 2025701,27074.324.28$10,636
Dec 20241831,16768.993.12$16,268
Nov 20241251,72169.052.20$12,415
Oct 2024652,27171.372.28$9,820
Sep 2024077769.612.36$1,837
Aug 2024888375.632.06$6,827
Jul 2024041279.932.15$884
Jun 20248673678.082.63$8,653
May 202413952578.812.20$12,109
Apr 20248342084.451.66$7,706
Mar 20243138380.301.55$3,081
Feb 202432043276.091.78$25,119
Jan 2024053273.023.30$1,754
Dec 202314940871.262.61$11,683
Nov 202310973977.892.81$10,565
Oct 20234963585.443.09$6,147
Sep 20231761,12089.042.74$18,734
Aug 20238161780.522.67$8,171
Jul 2023056574.852.64$1,493
Jun 20235028068.962.26$4,080
May 20238686870.622.23$8,007
Apr 202313681978.122.24$12,457
Mar 20231931,08372.852.39$16,652
Feb 20231121,20275.112.47$11,376
Jan 20231281,12676.533.39$13,610
Dec 2022581,23676.415.73$11,513
Nov 20221291,25885.005.65$18,068
Oct 20221261,38087.185.86$19,077
Sep 20221131,46684.888.16$21,559
Aug 2022551,34894.529.13$17,502
Jul 20221641,369101.587.54$26,984
Jun 20221291,364115.097.98$25,728
May 20221231,348109.378.43$24,820
Apr 20221121,419104.226.84$21,375
Mar 20221131,307108.885.08$18,938
Feb 20221151,07191.054.86$15,675
Jan 20221131,43881.844.54$15,773
Dec 20211621,56871.323.90$17,668
Nov 20211241,56877.435.24$17,813
Oct 20211021,13379.795.71$14,612
Sep 2021862,12169.865.35$17,357
Aug 20211471,90666.024.22$17,749
Jul 20212621,74670.783.98$25,497
Jun 20211651,65569.493.38$17,061
May 20212781,73463.483.02$22,880
Apr 20211791,71660.362.76$15,538
Mar 20211812,13761.302.72$16,901
Feb 20216351857.805.55$6,515
Jan 20212103,04650.412.81$19,146
Dec 20201303,04344.642.68$13,945
Nov 20201992,84138.772.71$15,405
Oct 20202643,54136.972.48$18,536
Sep 20201353,08637.091.99$11,152
Aug 20201591,85539.982.39$10,781
Jul 20202082,20138.371.83$11,998
Jun 20202032,76834.901.69$11,763
May 20201342,88516.921.81$7,503
Apr 20202062,93414.751.80$8,333
Mar 20202232,50530.341.86$11,416
Feb 20201882,42149.881.98$14,173
Jan 20201822,35357.252.09$15,348
Dec 20191782,16559.012.30$15,493
Nov 20191352,17055.302.75$13,435
Oct 20192422,48653.472.42$18,952
Sep 20192182,00855.052.66$17,337
Aug 20191372,42553.112.30$12,864
Jul 20192452,86556.272.46$20,834
Jun 20191312,25252.782.49$12,524
May 20192352,84658.482.74$21,542
Apr 20191942,37462.632.75$18,680
Mar 20192652,89356.803.06$23,911
Feb 20192042,58650.852.79$17,594
Jan 20192602,92846.033.23$21,420
Dec 20182542,88746.594.19$23,917
Nov 20182412,49852.934.24$23,341
Oct 20181642,71261.443.40$19,292
Sep 20182492,86159.543.11$23,717
Aug 20183893,53959.403.07$33,959
Jul 2018641,51265.142.93$8,602
Jun 20182712,76860.183.08$24,826
May 20183403,31365.382.90$31,840
Apr 20182092,99163.842.90$22,019
Mar 20182302,83261.222.79$21,973
Feb 20182292,97161.782.77$22,366
Jan 20183363,64662.874.01$35,742
Dec 20174104,02157.272.92$35,228
Nov 20174755,80255.423.12$44,417
Oct 20172173,92149.292.98$22,395
Sep 20174444,63247.523.09$35,399
Aug 2017486,01345.373.00$20,243
Jul 20170043.873.09$0
Jun 20175747342.493.09$3,882
May 2017962,94345.373.26$13,960
Apr 20171154,10647.933.21$18,699
Mar 20171885,31346.772.98$24,645
Feb 20173096,35050.452.95$34,338
Jan 20173144,97249.413.42$32,513
Dec 20163426,76548.763.72$41,861
Nov 20165407,11442.492.64$41,757
Oct 20163177,37346.193.09$37,427
Sep 20166037,26941.553.10$47,593
Aug 20164328,64041.442.92$43,168
Jul 20165318,42441.622.92$46,735
Jun 20163247,88545.352.69$35,871
May 20165748,52842.521.99$41,386
Apr 20166938,96136.561.99$43,178
Mar 20167069,05133.011.79$39,543
Feb 20168318,76226.472.06$40,078
Jan 20168939,91427.352.36$47,864
Dec 201577710,21732.362.00$45,592
Nov 201587311,61538.792.17$59,037
Oct 20151,09213,54243.552.43$80,417
Sep 20151,22814,49042.992.76$92,761
Aug 20151,46417,97640.162.87$110,430
Jul 20152,42219,37048.152.95$173,666
Jun 20152,33719,65056.152.88$187,871
May 20151,94716,20655.212.96$155,390
Apr 20153,25215,39149.822.71$203,671
Mar 20151,1617,20442.892.93$70,937
Feb 20157758,67444.662.98$60,427
Jan 20152,78830,81143.433.10$216,616
Dec 20142,51717,15554.693.59$199,265
Nov 20142,87517,22470.464.25$275,806
Oct 20143,53320,97478.303.90$358,453
Sep 20143,59224,46886.164.05$408,471
Aug 20145,19132,39289.394.04$594,729
Jul 20146,58336,01496.564.18$786,179
Jun 20147,05434,94598.164.74$857,951
May 201411,32934,24394.734.73$1,235,048
Apr 20148,88015,36195.944.81$925,820
Mar 20145,70141,40295.895.06$756,031
Feb 20145,27518,43397.406.19$627,922
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$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           179 bbl  × $106.41 =    $19,047
Gas                  650 Mcf  × $  3.05 =     $1,980

────────────────────────────────────────────────────
Month total                                  $21,027

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/272754 is the state's own key, not one this site invented.