FRANK, W.O.

Name: FRANK, W.O. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LLT ENERGY, INC. (P-5 504627) in the DUNLAP field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11396District 01Field 26620001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$215 k

Jan 1993 – Jun 2003

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

126

no gaps in the span

Streams

oil, casinghead gas

The DUNLAP field

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 196 leases and 727 wells, and the rule below applies to all of them.

Discovered

1939-07-15

as the register files it

Field class

Oil

the register's own label

Between wells

300 ft

minimum

From a lease line

150 ft

minimum

A drilling unit in this field needs at least 2 acres.

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: “2.07 ACRE UNITS & 1 ACRE TOLERANCE”

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.

Stream	Basis	Volume	Value
Oil	Disposition	7,828 bbl	$148,280
Casinghead gas	Production	45,959 Mcf	$67,081
Total			$215,362

22,589 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.

Wells on this lease (5)

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 29.7073, -97.6699. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.70720, -97.66983 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

2,539 ft

5 wells filed one

Completion to plug

17.5 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

5100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

Between 2,507 and 2,550 ft, median 2,539 ft, over the 5 wells that filed a depth.

Completions filed

Oct 1985

5 of 5 wells

Plug dates filed

Apr 2003

5 of 5 wells

Last completion to plug: a median of 17.5 years across the 5 wells that filed both dates, with the middle half between 17.5 years and 17.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-05533980	5	2,507 ft	Oct 1985	Apr 2003	Yes
42-05533981	4	2,539 ft	Oct 1985	Apr 2003	Yes
42-05533982	3	2,550 ft	Oct 1985	Apr 2003	Yes
42-05533983	2	2,546 ft	Oct 1985	Apr 2003	Yes
42-05533984	1	2,525 ft	Oct 1985	Apr 2003	Yes

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 (126)

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

126 months


Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	88	0	31.14	6.10	$2,740
Feb 2003	0	64	33.48	7.93	$507
Jan 2003	0	104	30.31	5.58	$581
Dec 2002	176	114	26.91	4.85	$5,289
Nov 2002	0	112	24.66	4.14	$463
Oct 2002	0	98	26.46	4.23	$414
Sep 2002	0	122	27.44	3.64	$443
Aug 2002	179	135	25.96	3.16	$5,074
Jul 2002	0	148	24.58	3.06	$453
Jun 2002	0	146	23.73	3.34	$487
May 2002	180	144	24.66	3.58	$4,955
Apr 2002	0	149	23.65	3.51	$523
Mar 2002	0	149	22.00	3.10	$462
Feb 2002	0	131	18.22	2.38	$311
Jan 2002	186	143	17.17	2.38	$3,533
Dec 2001	0	145	16.93	2.36	$343
Nov 2001	0	68	18.07	2.41	$164
Oct 2001	0	114	19.78	2.53	$288
Sep 2001	195	118	24.26	2.25	$4,996
Aug 2001	0	132	24.87	3.05	$403
Jul 2001	0	149	23.93	3.20	$476
Jun 2001	0	146	24.56	3.82	$558
May 2001	186	153	25.52	4.31	$5,406
Apr 2001	0	150	24.68	5.34	$800
Mar 2001	0	166	24.54	5.38	$892
Feb 2001	188	239	27.75	5.77	$6,595
Jan 2001	0	242	27.47	8.40	$2,033
Dec 2000	0	237	26.88	9.12	$2,162
Nov 2000	0	127	32.21	5.66	$719
Oct 2000	185	169	31.23	5.15	$6,647
Sep 2000	0	293	31.87	5.19	$1,520
Aug 2000	0	370	29.64	4.54	$1,680
Jul 2000	181	221	28.53	4.09	$6,068
Jun 2000	0	190	29.30	4.40	$835
May 2000	0	162	27.26	3.68	$596
Apr 2000	185	118	24.51	3.12	$4,902
Mar 2000	0	118	28.42	2.86	$337
Feb 2000	0	137	27.62	2.73	$374
Jan 2000	170	156	25.27	2.48	$4,683
Dec 1999	0	302	24.28	2.42	$732
Nov 1999	0	103	23.19	2.43	$251
Oct 1999	182	497	20.98	2.80	$5,212
Sep 1999	0	436	21.75	2.62	$1,142
Aug 1999	0	517	19.26	2.88	$1,487
Jul 1999	179	489	17.89	2.37	$4,362
Jun 1999	0	543	15.94	2.36	$1,283
May 1999	0	544	15.79	2.32	$1,263
Apr 1999	174	467	15.10	2.21	$3,659
Mar 1999	0	345	12.47	1.84	$634
Feb 1999	181	415	9.98	1.82	$2,561
Jan 1999	0	369	10.38	1.90	$701
Dec 1998	0	273	9.20	1.77	$484
Nov 1998	181	577	10.89	2.19	$3,232
Oct 1998	0	106	12.42	1.97	$209
Sep 1998	0	131	12.59	2.08	$273
Aug 1998	178	234	11.30	1.91	$2,458
Jul 1998	0	169	11.74	2.24	$378
Jun 1998	178	696	11.24	2.24	$3,558
May 1998	0	582	12.62	2.21	$1,284
Apr 1998	182	593	13.04	2.51	$3,859
Mar 1998	0	599	12.80	2.31	$1,383
Feb 1998	0	510	13.95	2.30	$1,173
Jan 1998	176	680	14.70	2.15	$4,052
Dec 1997	0	483	16.32	2.41	$1,165
Nov 1997	181	579	18.19	3.09	$5,080
Oct 1997	0	666	19.25	3.15	$2,098
Sep 1997	185	652	17.74	2.95	$5,208
Aug 1997	0	565	17.86	2.55	$1,443
Jul 1997	170	510	17.58	2.25	$4,135
Jun 1997	0	568	17.24	2.26	$1,282
May 1997	180	701	18.97	2.31	$5,033
Apr 1997	0	1,160	17.88	2.08	$2,416
Mar 1997	176	567	18.95	1.94	$4,435
Feb 1997	0	510	20.49	2.21	$1,125
Jan 1997	182	353	23.48	3.54	$5,523
Dec 1996	0	449	23.32	—	$0
Nov 1996	0	273	21.97	—	$0
Oct 1996	177	420	23.31	—	$4,126
Sep 1996	0	203	22.22	—	$0
Aug 1996	0	209	20.26	—	$0
Jul 1996	165	344	19.55	—	$3,226
Jun 1996	0	477	18.73	—	$0
May 1996	0	514	19.43	—	$0
Apr 1996	182	438	21.51	—	$3,915
Mar 1996	0	521	19.38	—	$0
Feb 1996	0	882	16.98	—	$0
Jan 1996	183	792	17.07	—	$3,124
Dec 1995	0	1,106	17.19	—	$0
Nov 1995	0	287	16.00	—	$0
Oct 1995	176	427	15.43	—	$2,716
Sep 1995	0	606	16.18	—	$0
Aug 1995	0	513	15.92	—	$0
Jul 1995	179	719	15.24	—	$2,728
Jun 1995	0	721	16.41	—	$0
May 1995	0	679	17.56	—	$0
Apr 1995	182	352	17.73	—	$3,227
Mar 1995	0	444	16.44	—	$0
Feb 1995	0	399	16.58	—	$0
Jan 1995	180	1,032	15.92	—	$2,866
Dec 1994	0	748	15.03	—	$0
Nov 1994	184	643	15.90	—	$2,926
Oct 1994	0	643	15.58	—	$0
Sep 1994	184	462	15.29	—	$2,813
Aug 1994	0	344	16.13	—	$0
Jul 1994	0	460	17.56	—	$0
Jun 1994	0	592	17.09	—	$0
May 1994	179	306	15.88	—	$2,843
Apr 1994	0	504	14.14	—	$0
Mar 1994	179	245	12.46	—	$2,230
Feb 1994	0	184	12.50	—	$0
Jan 1994	0	946	12.66	—	$0
Dec 1993	178	766	12.33	—	$2,195
Nov 1993	0	553	14.49	—	$0
Oct 1993	0	217	15.85	—	$0
Sep 1993	178	244	15.03	—	$2,675
Aug 1993	0	207	15.66	—	$0
Jul 1993	0	369	15.46	—	$0
Jun 1993	173	295	16.79	—	$2,905
May 1993	0	243	17.68	—	$0
Apr 1993	185	232	18.05	—	$3,339
Mar 1993	0	138	18.14	—	$0
Feb 1993	180	228	17.90	—	$3,222
Jan 1993	0	213	16.93	—	$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.

Mar 2003 — as filed, then multipliedworked

Oil                   88 bbl  × $ 31.14 =     $2,740
Casinghead gas         0 Mcf  × $  6.10 =         $0

────────────────────────────────────────────────────
Month total                                   $2,740

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/O/11396 is the state's own key, not one this site invented.