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 276846District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Oct 2014 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
140
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 Gas112015-10-20217243
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
CondensateDisposition89,143 bbl$4,209,862
GasProduction905,184 Mcf$2,672,758
Total$6,882,619

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 28.4004, -98.5277. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40039, -98.52769 · 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
11,758 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 11,758 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-31136074D 1H11,758 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 (140)

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

140 months

May 202621,412106.413.05$4,514
Apr 20267098.932.87$693
Mar 20266089.753.15$539
Feb 202614063.503.75$889
Jan 2026050359.138.00$4,023
Dec 2025131,26156.664.41$6,302
Nov 20250058.593.93$0
Oct 2025054559.383.30$1,801
Sep 20250062.743.08$0
Aug 2025274263.933.01$2,365
Jul 202501,16466.743.32$3,859
Jun 20253066.483.13$199
May 20258060.553.23$484
Apr 20251401862.363.54$8,794
Mar 20257885467.704.27$8,926
Feb 20251754,03270.884.34$29,906
Jan 202501,62774.324.28$6,961
Dec 20241053,33568.993.12$17,654
Nov 20241041,20869.052.20$9,837
Oct 2024732,50671.372.28$10,927
Sep 202413361169.612.36$10,703
Aug 2024261,35475.632.06$4,761
Jul 20245868579.932.15$6,106
Jun 2024362078.082.63$2,864
May 20241211,61978.812.20$13,095
Apr 2024271,27784.451.66$4,399
Mar 2024781,42480.301.55$8,464
Feb 2024871,37476.091.78$9,071
Jan 20241201,58973.023.30$14,002
Dec 20232611,96971.262.61$23,739
Nov 2023084977.892.81$2,384
Oct 202319472385.443.09$18,807
Sep 2023701,93089.042.74$11,511
Aug 20231531,99580.522.67$17,652
Jul 2023432,45974.852.64$9,715
Jun 2023711,59368.962.26$8,494
May 20231031,99870.622.23$11,724
Apr 20231391,36878.122.24$13,920
Mar 20231442,67572.852.39$16,892
Feb 2023563,15075.112.47$11,973
Jan 20231677276.533.39$3,840
Dec 202228076.415.73$2,139
Nov 2022861,46585.005.65$15,582
Oct 20221131,67287.185.86$19,656
Sep 20221732,54984.888.16$35,493
Aug 20221572,59594.529.13$38,525
Jul 20221612,271101.587.54$33,482
Jun 2022632,944115.097.98$30,736
May 20221633,218109.378.43$44,965
Apr 20221522,587104.226.84$33,530
Mar 20221621,926108.885.08$27,416
Feb 20221663,29191.054.86$31,105
Jan 20221941,02581.844.54$20,528
Dec 20212351,37671.323.90$22,125
Nov 20212022,18877.435.24$27,099
Oct 20212322,11979.795.71$30,619
Sep 20212441,89969.865.35$27,207
Aug 20211791,95066.024.22$20,048
Jul 20212692,48870.783.98$28,947
Jun 20211441,98669.493.38$16,720
May 20214002,43663.483.02$32,743
Apr 20211952,52960.362.76$18,746
Mar 20212573,16161.302.72$24,342
Feb 20211832,86257.805.55$26,456
Jan 20213303,23750.412.81$25,732
Dec 20202842,08744.642.68$18,261
Nov 20202804,47238.772.71$22,959
Oct 20204146,28036.972.48$30,870
Sep 20201877,14037.091.99$21,152
Aug 20201653,54739.982.39$15,057
Jul 20202653,02338.371.83$15,685
Jun 20202083,68834.901.69$13,493
May 20203133,77216.921.81$12,141
Apr 20202454,07814.751.80$10,972
Mar 20202913,18030.341.86$14,732
Feb 20203502,34149.881.98$22,095
Jan 20203472,58957.252.09$25,289
Dec 20192092,94259.012.30$19,113
Nov 20192452,52455.302.75$20,491
Oct 20193302,77853.472.42$24,364
Sep 20192324,57455.052.66$24,926
Aug 20193654,82253.112.30$30,497
Jul 20193625,09356.272.46$32,899
Jun 20192545,93652.782.49$28,194
May 20193324,72958.482.74$32,374
Apr 20195073,65462.632.75$41,804
Mar 20192713,53356.803.06$26,211
Feb 20193586,36350.852.79$35,971
Jan 20193089,08746.033.23$43,512
Dec 20186037,52746.594.19$59,598
Nov 20182987,55252.934.24$47,773
Oct 20184098,72661.443.40$54,781
Sep 20184979,77559.543.11$59,972
Aug 201838210,43459.403.07$54,687
Jul 20184589,45065.142.93$57,540
Jun 201850510,45160.183.08$62,548
May 201858012,19565.382.90$73,296
Apr 20183388,14863.842.90$45,214
Mar 20181572,61761.222.79$16,905
Feb 20182556,28961.782.77$33,150
Jan 20182695,60462.874.01$39,380
Dec 20175066,98957.272.92$49,397
Nov 201734810,60555.423.12$52,356
Oct 20174588,88649.292.98$49,088
Sep 20172201,14447.523.09$13,986
Aug 201780215,02745.373.00$81,534
Jul 201788617,03943.873.09$91,473
Jun 20171,02214,30742.493.09$87,594
May 20171,04917,21745.373.26$103,779
Apr 20171,12024,79847.933.21$133,323
Mar 20171,18330,65746.772.98$146,800
Feb 201793127,07350.452.95$126,905
Jan 201791616,43249.413.42$101,437
Dec 20166563,61748.763.72$45,452
Nov 20161,20419,77942.492.64$103,461
Oct 20161,34018,66146.193.09$119,562
Sep 20161,58416,81141.553.10$117,940
Aug 20161,29327,69641.442.92$134,574
Jul 20168299,68141.622.92$62,814
Jun 201684910,79445.352.69$67,493
May 20161,39614,33942.521.99$87,907
Apr 20161,56718,87236.561.99$94,864
Mar 20163,07818,34233.011.79$134,511
Feb 20164,02920,10326.472.06$148,133
Jan 20162,72617,47027.352.36$115,861
Dec 20152,64712,37832.362.00$110,430
Nov 20152,71515,60138.792.17$139,127
Oct 20153,24416,19743.552.43$180,580
Sep 20153,53716,85742.992.76$198,554
Aug 20154,31019,63240.162.87$229,482
Jul 20154,15322,63148.152.95$266,617
Jun 20154,46924,01156.152.88$320,155
May 20154,42430,14155.212.96$333,329
Apr 20158,33036,20549.822.71$512,992
Mar 20152,29519,77742.892.93$156,472
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$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                1,412 Mcf  × $  3.05 =     $4,301

────────────────────────────────────────────────────
Month total                                   $4,514

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/276846 is the state's own key, not one this site invented.