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 272760District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
Nov 2013 – May 2026
Value, last 12 filed months
$1 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 Gas112014-11-19213437
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
CondensateDisposition119,886 bbl$8,979,828
GasProduction688,757 Mcf$2,626,247
Total$11,606,076

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 28.4005, -98.5283. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40054, -98.52828 · 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
11,717 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 11,717 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-31135581A 3H11,717 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 202600106.413.05$0
Apr 20261098.932.87$99
Mar 20261089.753.15$90
Feb 202613063.503.75$826
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20251063.933.01$64
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20259060.553.23$545
Apr 20259062.363.54$561
Mar 202562667.704.27$517
Feb 202511770.884.34$145
Jan 2025011274.324.28$479
Dec 20242368.993.12$147
Nov 202415669.052.20$1,049
Oct 202433271.372.28$287
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 20240084.451.66$0
Mar 20240480.301.55$6
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202317071.262.61$1,211
Nov 202301577.892.81$42
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202305074.852.64$132
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20231076.533.39$77
Dec 202202976.415.73$166
Nov 20220585.005.65$28
Oct 202202487.185.86$141
Sep 20220584.888.16$41
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190353.112.30$7
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190250.852.79$6
Jan 2019031846.033.23$1,027
Dec 201807246.594.19$301
Nov 201806752.934.24$284
Oct 201806461.443.40$217
Sep 201804959.543.11$152
Aug 2018014459.403.07$442
Jul 20180265.142.93$6
Jun 2018310260.183.08$494
May 20181011065.382.90$973
Apr 2018328763.842.90$2,295
Mar 20181716561.222.79$1,501
Feb 201835161.782.77$326
Jan 201867962.874.01$694
Dec 2017187457.272.92$1,247
Nov 20171112255.423.12$990
Oct 201782549.292.98$469
Sep 20171214647.523.09$1,021
Aug 20174017245.373.00$2,332
Jul 20170043.873.09$0
Jun 20175510542.493.09$2,661
May 2017511,20445.373.26$6,243
Apr 201710125847.933.21$5,670
Mar 20172181,89446.772.98$15,847
Feb 20172121,52250.452.95$15,189
Jan 20173112,03049.413.42$22,307
Dec 20162342,56948.763.72$20,974
Nov 20164022,63542.492.64$24,049
Oct 20162322,73546.193.09$19,168
Sep 20163732,70641.553.10$23,888
Aug 20162692,85641.442.92$19,499
Jul 20163273,04441.622.92$22,511
Jun 20161882,49345.352.69$15,222
May 20164043,47242.521.99$24,091
Apr 20165694,12636.561.99$29,018
Mar 20166024,23433.011.79$27,468
Feb 20167084,35726.472.06$27,732
Jan 20169566,59927.352.36$41,749
Dec 20151,0377,35932.362.00$48,286
Nov 20151,2468,39738.792.17$66,531
Oct 20151,54110,62543.552.43$92,893
Sep 20151,97013,31442.992.76$121,416
Aug 20152,47818,60640.162.87$152,962
Jul 20153,82819,46048.152.95$241,629
Jun 20153,70723,94056.152.88$277,164
May 20154,22224,15255.212.96$304,477
Apr 20157,43728,63849.822.71$448,022
Mar 20152,43216,37342.892.93$152,358
Feb 20151,0399,98044.662.98$76,104
Jan 20153,75533,92743.433.10$268,275
Dec 20143,80828,00354.693.59$308,828
Nov 20144,63529,93870.464.25$453,874
Oct 20145,87538,54378.303.90$610,367
Sep 20145,72242,37886.164.05$664,445
Aug 20147,02043,46489.394.04$802,900
Jul 20147,81941,50996.564.18$928,494
Jun 20148,55338,19598.164.74$1,020,488
May 201414,28643,71894.734.73$1,559,949
Apr 201410,49550,47195.944.81$1,249,611
Mar 20146,44250,12895.895.06$871,211
Feb 20144,08816,61897.406.19$501,070
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.

Apr 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 98.93 =        $99
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                      $99

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/272760 is the state's own key, not one this site invented.