TEXAS A & M -69-

Operated by JOHNSON & LINDLEY, LLC (P-5 433771) in the FRANCES HILL (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 53494District 01Field 32519500CondensateGasSaveExport
Value, all time
$4.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$54 k
at the published price for each month
Months reported
401
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
1972-04-26
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1999-09-14.

The Commission's schedule remark for this field reads: EFFECTIVE 9-14-99.

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
CondensateDisposition1,651 bbl$35,798
GasProduction1,635,597 Mcf$4,891,308
Total$4,927,106

498,091 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202601,28363.503.75$4,812
Jan 202601,39459.138.00$11,149
Dec 202501,73256.664.41$7,644
Nov 202501,78058.593.93$6,989
Oct 202501,07659.383.30$3,556
Sep 202501,66662.743.08$5,126
Aug 202501,74463.933.01$5,258
Jul 202501,28566.743.32$4,260
Jun 202501,72766.483.13$5,403
May 202501,70960.553.23$5,524
Apr 202501,70862.363.54$6,052
Mar 202501,10267.704.27$4,704
Feb 202501,46170.884.34$6,342
Jan 202501,91674.324.28$8,198
Dec 202401,42968.993.12$4,460
Nov 202401,89869.052.20$4,173
Oct 202401,20171.372.28$2,740
Sep 202401,14569.612.36$2,707
Aug 202401,62675.632.06$3,355
Jul 202401,73679.932.15$3,726
Jun 202401,66678.082.63$4,388
May 202401,96178.812.20$4,311
Apr 202401,49584.451.66$2,481
Mar 202401,51980.301.55$2,347
Feb 202401,53676.091.78$2,740
Jan 202401,04573.023.30$3,446
Dec 202301,76271.262.61$4,600
Nov 202301,83377.892.81$5,146
Oct 202301,89085.443.09$5,835
Sep 202302,59489.042.74$7,095
Aug 202302,53880.522.67$6,784
Jul 202302,55874.852.64$6,758
Jun 202301,51668.962.26$3,424
May 202302,65970.622.23$5,923
Apr 202303,20778.122.24$7,177
Mar 2023033872.852.39$809
Feb 202301,83275.112.47$4,517
Jan 202302,27976.533.39$7,721
Dec 202201,60776.415.73$9,207
Nov 202202,20385.005.65$12,439
Oct 202202,46387.185.86$14,442
Sep 202202,33384.888.16$19,046
Aug 202202,32494.529.13$21,212
Jul 202201,233101.587.54$9,299
Jun 202202,376115.097.98$18,954
May 202202,239109.378.43$18,882
Apr 202201,756104.226.84$12,007
Mar 202202,502108.885.08$12,701
Feb 202202,07091.054.86$10,058
Jan 202202,49881.844.54$11,335
Dec 202102,78971.323.90$10,875
Nov 202102,60377.435.24$13,632
Oct 202102,63279.795.71$15,039
Sep 202102,61369.865.35$13,982
Aug 202102,82366.024.22$11,915
Jul 202102,75770.783.98$10,979
Jun 202102,72669.493.38$9,216
May 202102,36363.483.02$7,131
Apr 202102,17960.362.76$6,011
Mar 202102,73261.302.72$7,423
Feb 202101,46257.805.55$8,111
Jan 202102,18050.412.81$6,126
Dec 202001,49444.642.68$3,997
Nov 202001,01838.772.71$2,755
Oct 2020028336.972.48$701
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 202001,47749.881.98$2,925
Jan 202001,55057.252.09$3,247
Dec 2019077959.012.30$1,795
Nov 2019012255.302.75$336
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019040853.112.30$940
Jul 201901,33856.272.46$3,292
Jun 201901,89552.782.49$4,721
May 201901,60058.482.74$4,385
Apr 201902,31762.632.75$6,373
Mar 201902,60556.803.06$7,977
Feb 201902,31750.852.79$6,470
Jan 201902,60146.033.23$8,397
Dec 201801,80546.594.19$7,555
Nov 201801,51152.934.24$6,402
Oct 201802,05561.443.40$6,983
Sep 201801,94459.543.11$6,042
Aug 2018074859.403.07$2,294
Jul 2018029565.142.93$865
Jun 2018034860.183.08$1,071
May 2018061765.382.90$1,790
Apr 2018048263.842.90$1,398
Mar 2018046761.222.79$1,301
Feb 2018070061.782.77$1,936
Jan 2018029262.874.01$1,171
Dec 2017057557.272.92$1,680
Nov 2017067055.423.12$2,089
Oct 201701,89049.292.98$5,639
Sep 201702,06147.523.09$6,363
Aug 201702,00045.373.00$6,009
Jul 201702,40543.873.09$7,425
Jun 201701,27842.493.09$3,946
May 201701,22345.373.26$3,991
Apr 201701,49747.933.21$4,808
Mar 201702,09046.772.98$6,236
Feb 201701,01850.452.95$3,006
Jan 201701,35949.413.42$4,646
Dec 201601,78148.763.72$6,630
Nov 201602,69942.492.64$7,137
Oct 201602,62546.193.09$8,112
Sep 201602,50241.553.10$7,758
Aug 201602,62941.442.92$7,688
Jul 201602,30341.622.92$6,735
Jun 201602,51845.352.69$6,763
May 201602,77042.521.99$5,515
Apr 201602,74536.561.99$5,465
Mar 201602,55233.011.79$4,578
Feb 201601,95026.472.06$4,024
Jan 201602,29327.352.36$5,421
Dec 201502,76332.362.00$5,530
Nov 201502,58838.792.17$5,609
Oct 201502,75143.552.43$6,676
Sep 201502,49842.992.76$6,891
Aug 201502,42940.162.87$6,977
Jul 201502,29348.152.95$6,753
Jun 201501,93856.152.88$5,587
May 201501,93755.212.96$5,725
Apr 201501,60549.822.71$4,344
Mar 201501,70142.892.93$4,992
Feb 201501,90444.662.98$5,667
Jan 201501,91643.433.10$5,941
Dec 201403,05254.693.59$10,961
Nov 201402,28670.464.25$9,720
Oct 201402,36078.303.90$9,206
Sep 201402,40386.164.05$9,721
Aug 201402,42089.394.04$9,765
Jul 201402,69896.564.18$11,277
Jun 201402,73898.164.74$12,970
May 201402,78994.734.73$13,182
Apr 201402,23895.944.81$10,763
Mar 201402,30795.895.06$11,666
Feb 201401,88497.406.19$11,666
Jan 201402,42790.404.86$11,797
Dec 201302,07991.824.35$9,053
Nov 201301,61288.853.74$6,026
Oct 201302,89597.423.78$10,941
Sep 201301,296104.113.72$4,818
Aug 201301,766104.253.52$6,221
Jul 201302,766102.523.72$10,283
Jun 201302,75794.403.93$10,844
May 201301,54894.834.15$6,423
Apr 201301,91393.964.28$8,193
Mar 201302,44193.623.91$9,551
Feb 201302,50191.233.42$8,553
Jan 201302,64891.603.42$9,056
Dec 2012162,48186.773.42$9,874
Nov 201202,69586.953.62$9,769
Oct 201203,20989.383.40$10,910
Sep 201203,19694.672.92$9,327
Aug 201203,28092.662.91$9,539
Jul 201203,35585.133.02$10,135
Jun 201202,13379.822.52$5,373
May 201202,82291.612.49$7,022
Apr 201202,434101.652.00$4,860
Mar 201203,058105.052.22$6,795
Feb 201202,749101.102.57$7,066
Jan 201202,85898.092.73$7,814
Dec 201102,89296.873.24$9,369
Nov 201102,99095.723.31$9,901
Oct 201102,80384.983.65$10,227
Sep 201101,89383.623.99$7,545
Aug 201102,67383.404.15$11,091
Jul 201102,41194.144.52$10,891
Jun 201102,58892.904.64$12,008
May 201102,96898.134.40$13,074
Apr 201102,693105.964.33$11,670
Mar 201102,58496.364.06$10,484
Feb 201101,73985.644.18$7,269
Jan 201102,75086.504.59$12,619
Dec 201002,80385.734.35$12,187
Nov 201002,78580.843.80$10,570
Oct 201003,12978.103.51$10,979
Sep 201002,84772.633.98$11,330
Aug 201003,17673.684.42$14,036
Jul 201003,26772.554.74$15,474
Jun 201002,95770.364.91$14,520
May 201003,05471.124.24$12,934
Apr 201003,04681.694.12$12,558
Mar 201002,89478.394.39$12,701
Feb 201002,74473.585.44$14,934
Jan 2010193,10874.365.96$19,949
Dec 200903,06071.445.48$16,780
Nov 200902,95074.593.75$11,067
Oct 200903,39572.544.11$13,954
Sep 200903,13965.543.06$9,620
Aug 200903,10367.423.22$9,987
Jul 200902,86261.133.46$9,915
Jun 200902,99566.163.90$11,666
May 200903,06954.743.93$12,048
Apr 200902,91346.773.59$10,450
Mar 200903,00042.144.06$12,177
Feb 200902,74132.814.63$12,699
Jan 200903,08235.865.37$16,553
Dec 200803,22037.105.98$19,246
Nov 200803,08355.496.86$21,150
Oct 200803,39375.246.92$23,486
Sep 200803,264101.767.88$25,711
Aug 200803,657114.228.48$31,022
Jul 200803,477131.0811.39$39,601
Jun 200803,468131.3313.03$45,197
May 200803,653123.1711.57$42,281
Apr 200803,636110.3110.45$38,014
Mar 200803,324101.909.66$32,123
Feb 2008203,78792.538.77$35,065
Jan 200804,26690.388.21$35,006
Dec 200704,29488.337.30$31,355
Nov 200703,78891.677.29$27,621
Oct 200703,79182.856.92$26,241
Sep 200703,68175.846.24$22,985
Aug 2007183,65269.066.39$24,572
Jul 200704,10670.906.39$26,229
Jun 200703,77962.007.55$28,526
May 200703,79358.747.85$29,761
Apr 200703,46059.617.81$27,006
Mar 200703,75256.927.30$27,397
Feb 200703,46055.108.22$28,427
Jan 200703,00150.306.73$20,187
Dec 200603,84956.656.92$26,629
Nov 200603,95454.207.62$30,120
Oct 200604,25254.906.01$25,571
Sep 200603,79560.085.04$19,116
Aug 200603,57068.717.34$26,204
Jul 200604,03069.376.34$25,561
Jun 2006163,49366.286.38$23,359
May 200603,74166.016.42$24,036
Apr 200603,64364.397.36$26,814
Mar 200603,79156.707.08$26,851
Feb 200603,34057.597.75$25,889
Jan 200603,49760.598.93$31,240
Dec 200503,65554.9413.42$49,033
Nov 200503,95454.6910.59$41,867
Oct 2005173,65858.3413.80$51,457
Sep 200503,65561.4512.08$44,149
Aug 200503,87961.519.80$38,002
Jul 200503,95755.697.84$31,037
Jun 200503,00052.337.38$22,143
May 200504,16045.226.65$27,669
Apr 200503,47549.207.36$25,578
Mar 200503,88250.377.15$27,775
Feb 200503,48745.226.31$22,010
Jan 2005174,64143.166.32$30,075
Dec 200403,94639.866.75$26,640
Nov 200403,73345.286.33$23,631
Oct 200404,10249.706.52$26,725
Sep 200404,11243.245.28$21,727
Aug 200404,13442.375.55$22,946
Jul 200404,22738.286.08$25,718
Jun 200404,48236.106.43$28,833
May 200403,33637.486.49$21,666
Apr 200403,14734.475.86$18,437
Mar 200403,45334.365.53$19,096
Feb 200403,87232.455.51$21,333
Jan 200403,88332.036.30$24,462
Dec 200303,90930.266.30$24,633
Nov 200304,26528.804.60$19,598
Oct 200303,63128.174.76$17,282
Sep 200304,06926.314.75$19,325
Aug 200304,49329.765.13$23,048
Jul 200304,64029.415.17$23,993
Jun 200304,45028.565.98$26,624
May 200304,60826.595.97$27,522
Apr 200304,07226.675.41$22,018
Mar 200304,57731.146.10$27,902
Feb 200303,87133.487.93$30,681
Jan 200304,69230.315.58$26,191
Dec 2002204,72226.914.85$23,458
Nov 200204,67524.664.14$19,340
Oct 200224,29726.464.23$18,225
Sep 200204,65527.443.64$16,922
Aug 200205,00925.963.16$15,849
Jul 200204,43924.583.06$13,591
Jun 200204,93323.733.34$16,468
May 200205,19724.663.58$18,626
Apr 200204,56923.653.51$16,048
Mar 2002144,83822.003.10$15,319
Feb 200204,56718.222.38$10,850
Jan 2002155,05817.172.38$12,274
Dec 200105,03116.932.36$11,895
Nov 200105,09918.072.41$12,266
Oct 200104,88519.782.53$12,354
Sep 2001185,15724.262.25$12,047
Aug 200105,24324.873.05$16,008
Jul 200105,13623.933.20$16,420
Jun 200105,37824.563.82$20,566
May 200105,41525.524.31$23,324
Apr 200104,90124.685.34$26,148
Mar 200105,55524.545.38$29,866
Feb 200105,07827.755.77$29,285
Jan 200105,81427.478.40$48,830
Dec 2000144,94426.889.12$45,478
Nov 200004,77732.215.66$27,028
Oct 200005,52731.235.15$28,439
Sep 200005,62631.875.19$29,179
Aug 2000155,96329.644.54$27,521
Jul 2000186,24028.534.09$26,034
Jun 200006,02429.304.40$26,489
May 200036,03827.263.68$22,300
Apr 200005,32824.513.12$16,602
Mar 200006,24328.422.86$17,853
Feb 200005,68027.622.73$15,487
Jan 200006,32925.272.48$15,699
Dec 1999156,69124.282.42$16,581
Nov 1999176,33423.192.43$15,811
Oct 199905,82120.982.80$16,320
Sep 199906,41821.752.62$16,808
Aug 199906,73819.262.88$19,376
Jul 199906,60117.892.37$15,660
Jun 199906,56615.942.36$15,510
May 1999167,05615.792.32$16,630
Apr 199905,73515.102.21$12,663
Mar 199906,86612.471.84$12,622
Feb 1999172,9009.981.82$5,441
Jan 1999204,36910.381.90$8,508
Dec 199806,0929.201.77$10,803
Nov 1998206,91110.892.19$15,323
Oct 199806,71312.421.97$13,219
Sep 199807,38712.592.08$15,384
Aug 199807,68411.301.91$14,656
Jul 199807,65111.742.24$17,117
Jun 199807,63911.242.24$17,091
May 199807,85512.622.21$17,331
Apr 1998206,83113.042.51$17,375
Mar 199807,38212.802.31$17,048
Feb 1998186,86113.952.30$16,025
Jan 199808,10314.702.15$17,460
Dec 1997187,66616.322.41$18,777
Nov 1997206,95418.193.09$21,840
Oct 199707,80819.253.15$24,594
Sep 199708,03317.742.95$23,737
Aug 199708,40517.862.55$21,473
Jul 199708,25217.582.25$18,542
Jun 1997187,76317.242.26$17,833
May 1997358,25218.972.31$19,714
Apr 1997187,36017.882.08$15,651
Mar 1997378,44218.951.94$17,071
Feb 1997197,70820.492.21$17,392
Jan 1997368,11223.483.54$29,559
Dec 1996188,20323.32$420
Nov 1996367,59021.97$791
Oct 1996358,81523.31$816
Sep 1996188,54322.22$400
Aug 1996179,01520.26$344
Jul 1996199,04919.55$371
Jun 1996188,37218.73$337
May 199608,78719.43$0
Apr 1996368,33821.51$774
Mar 1996409,43619.38$775
Feb 1996198,55616.98$323
Jan 1996219,06317.07$358
Dec 1995579,82017.19$980
Nov 1995198,45816.00$304
Oct 1995367,97015.43$555
Sep 1995199,59716.18$307
Aug 199509,42615.92$0
Jul 1995199,81415.24$290
Jun 1995229,48416.41$361
May 19952110,28617.56$369
Apr 1995198,99417.73$337
Mar 19954010,43716.44$658
Feb 1995409,39816.58$663
Jan 199507,87315.92$0
Dec 19943511,02615.03$526
Nov 1994189,48815.90$286
Oct 1994179,83115.58$265
Sep 19941810,95915.29$275
Aug 1994011,54316.13$0
Jul 1994011,66617.56$0
Jun 19941810,92117.09$308
May 19942111,75515.88$333
Apr 1994010,63514.14$0
Mar 19946012,51712.46$748
Feb 19941810,63212.50$225
Jan 19943610,94912.66$456
Dec 19931812,65812.33$222
Nov 19934113,08114.49$594
Oct 19931912,65215.85$301
Sep 19932312,19215.03$346
Aug 19932312,20715.66$360
Jul 1993013,08115.46$0
Jun 1993012,62116.79$0
May 1993011,76717.68$0
Apr 19935012,14918.05$903
Mar 19932112,98718.14$381
Feb 19932311,66017.90$412
Jan 19933713,79016.93$626

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                1,283 Mcf  × $  3.75 =     $4,812

────────────────────────────────────────────────────
Month total                                   $4,812

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/53494 is the state's own key, not one this site invented.