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 276838District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Jan 2015 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
137
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 Gas112015-10-20217239
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
CondensateDisposition96,375 bbl$4,261,524
GasProduction788,246 Mcf$2,229,948
Total$6,491,472

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 28.4008, -98.5244. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40080, -98.52440 · 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
11,725 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 11,725 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-31136111D 5H11,725 ftMar 2015

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 (137)

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

137 months

May 20262488106.413.05$1,699
Apr 20268098.932.87$791
Mar 20266089.753.15$539
Feb 202612063.503.75$762
Jan 20260059.138.00$0
Dec 202512056.664.41$680
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20254062.363.54$249
Mar 202541,18167.704.27$5,312
Feb 202501,34570.884.34$5,838
Jan 202503,23274.324.28$13,829
Dec 2024078968.993.12$2,463
Nov 202401,10869.052.20$2,436
Oct 2024056171.372.28$1,280
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202403379.932.15$71
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202301271.262.61$31
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
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 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20222087.185.86$174
Sep 202213984.888.16$403
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202230115.097.98$345
May 202270109.378.43$766
Apr 20229338104.226.84$3,249
Mar 2022618108.885.08$745
Feb 20220091.054.86$0
Jan 20223081.844.54$246
Dec 202161071.323.90$4,351
Nov 20211241377.435.24$9,669
Oct 202117336579.795.71$15,889
Sep 202120749269.865.35$17,094
Aug 202116857566.024.22$13,518
Jul 202114069570.783.98$12,677
Jun 202121069.493.38$1,459
May 2021174063.483.02$11,046
Apr 202118849860.362.76$12,721
Mar 202115188161.302.72$11,650
Feb 202114057.805.55$809
Jan 20212050.412.81$101
Dec 202016344.642.68$722
Nov 2020302938.772.71$1,242
Oct 2020814236.972.48$3,099
Sep 20201187737.091.99$4,530
Aug 202012869339.982.39$6,770
Jul 20202201,00638.371.83$10,277
Jun 20201861,59134.901.69$9,181
May 202021791616.921.81$5,334
Apr 20208510914.751.80$1,450
Mar 202015812230.341.86$5,020
Feb 202019723249.881.98$10,286
Jan 20203010857.252.09$1,944
Dec 201918359.012.30$1,069
Nov 2019863555.302.75$4,852
Oct 201921384153.472.42$13,423
Sep 20191321,79255.052.66$12,028
Aug 20192231,79353.112.30$15,975
Jul 20192551,80256.272.46$18,782
Jun 20191723,59352.782.49$18,029
May 20192202,27158.482.74$19,089
Apr 20193362,45162.632.75$27,786
Mar 20192291,56156.803.06$17,787
Feb 20193184,23950.852.79$28,007
Jan 20192305,75346.033.23$29,159
Dec 20183815,90346.594.19$42,457
Nov 20181974,76352.934.24$30,609
Oct 20182756,90861.443.40$40,370
Sep 20182446,80859.543.11$35,687
Aug 20181475,42159.403.07$25,356
Jul 20182067,10765.142.93$34,256
Jun 20181725,52160.183.08$27,339
May 20181535,70665.382.90$26,555
Apr 20181424,03063.842.90$20,756
Mar 20182056,70161.222.79$31,225
Feb 20181474,58461.782.77$21,762
Jan 20182407,53662.874.01$45,303
Dec 20172524,75157.272.92$28,312
Nov 20171587,41955.423.12$31,891
Oct 20172737,98649.292.98$37,284
Sep 20172868,07847.523.09$38,530
Aug 20173449,77045.373.00$44,960
Jul 20173799,49443.873.09$45,937
Jun 201745710,84442.493.09$52,896
May 201751313,89845.373.26$68,630
Apr 201763516,73047.933.21$84,166
Mar 20171,02323,48546.772.98$117,917
Feb 20171,02623,84850.452.95$122,175
Jan 201794213,14649.413.42$91,488
Dec 20168334,44448.763.72$57,161
Nov 20162,03425,17242.492.64$152,988
Oct 20162,75233,39646.193.09$230,317
Sep 20162,34431,83741.553.10$196,108
Aug 20161,73929,27941.442.92$157,686
Jul 20161,67421,23941.622.92$131,782
Jun 20161,13912,41745.352.69$85,004
May 20161,71515,91842.521.99$104,615
Apr 20161,65817,36036.561.99$95,181
Mar 20163,09916,07933.011.79$131,144
Feb 20164,41016,78726.472.06$151,375
Jan 20164,16619,85527.352.36$160,884
Dec 20154,12519,57832.362.00$172,669
Nov 20154,00022,47538.792.17$203,871
Oct 20154,98624,74043.552.43$277,174
Sep 20155,87025,97042.992.76$323,987
Aug 20157,11530,10240.162.87$372,206
Jul 20156,63833,80448.152.95$419,175
Jun 20156,62234,46656.152.88$471,186
May 20155,74839,70255.212.96$434,684
Apr 20157,49132,08649.822.71$460,045
Mar 20152,02017,37842.892.93$137,637
Feb 20150044.662.98$0
Jan 20150043.433.10$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             2 bbl  × $106.41 =       $213
Gas                  488 Mcf  × $  3.05 =     $1,486

────────────────────────────────────────────────────
Month total                                   $1,699

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/276838 is the state's own key, not one this site invented.