BRACEWELL, FRANK

Operated by FREEDOM ENERGY, LTD. (P-5 285089) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4871District 01Field 69981125NGPA filingOilCasinghead gasSaveExport
Value, all time
$507 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
no gaps in the span
Streams
2
oil, casinghead 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 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
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 80 acres. The field rule took effect on 2025-06-17.

The Commission's schedule remark for this field reads: LEASE PLAT. PRORATION PLAT IS NOT REQUIRED.

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
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
OilDisposition29,488 bbl$506,863
Casinghead gasProduction13,261 Mcf$0
Total$506,863

13,261 Mcf of this lease's gas, across 36 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 (9)

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 28.8113, -98.9004. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.7 miles.

28.81061, -98.89872 · 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
100.0%
9 of 9 wells
With a plug date
100.0%
9 of 9 wells
Median depth
6,800 ft
9 wells filed one
Completion to plug
23.8 years
median over 9 wells

What the state filed about each well

On the RRC proration schedule
9100.0%
A plug date is filed
9100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
9100.0%
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

Total depth in feet, 9 of 9 wells. Median 6,800 ft, with the middle half between 6,730 and 6,921 ft; the shallowest is 6,452 ft and the deepest 8,822 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, May 1976 – Sep 1989. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1976 – Sep 1989
9 of 9 wells
Plug dates filed
Oct 1985 – Mar 2005
9 of 9 wells

Last completion to plug: a median of 23.8 years across the 9 wells that filed both dates, with the middle half between 19.1 years and 24.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-1633258198,822 ftSep 1989Mar 2005Yes
42-1633073926,680 ftFeb 1986Mar 2005Yes
42-1633088276,730 ftNov 1985Mar 2005Yes
42-1633157986,900 ftMay 1979Feb 2004Yes
42-1633162946,452 ftAug 1978Oct 1985Yes
42-1633154266,921 ftMay 1978Mar 2002Yes
42-1633104756,965 ftJul 1977Mar 2002Yes
42-1633097236,800 ftApr 1977Feb 2004Yes
42-1633047816,750 ftMay 1976Feb 2004Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005145045.226.65$6,557
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998176013.952.30$2,455
Jan 1998333014.702.15$4,895
Dec 1997486016.322.41$7,932
Nov 1997499018.193.09$9,077
Oct 1997177019.253.15$3,407
Sep 1997171017.742.95$3,034
Aug 1997510017.862.55$9,109
Jul 1997170017.582.25$2,989
Jun 1997497017.242.26$8,568
May 19970018.972.31$0
Apr 1997489017.882.08$8,743
Mar 1997525018.951.94$9,949
Feb 1997331020.492.21$6,782
Jan 1997335023.483.54$7,866
Dec 1996500023.32$11,660
Nov 1996499021.97$10,963
Oct 1996336023.31$7,832
Sep 1996366022.22$8,133
Aug 1996699020.26$14,162
Jul 19960019.55$0
Jun 1996494018.73$9,253
May 19963451,26619.43$6,703
Apr 1996535021.51$11,508
Mar 1996376019.38$7,287
Feb 1996538016.98$9,135
Jan 199632824117.07$5,599
Dec 19953259517.19$5,587
Nov 1995619016.00$9,904
Oct 1995322015.43$4,968
Sep 199550423016.18$8,155
Aug 199533010115.92$5,254
Jul 19957255215.24$11,049
Jun 199516014716.41$2,626
May 199550120117.56$8,798
Apr 199549933317.73$8,847
Mar 19954768516.44$7,825
Feb 19958216716.58$13,612
Jan 19953158215.92$5,015
Dec 19944896015.03$7,350
Nov 19941594815.90$2,528
Oct 199416516915.58$2,571
Sep 199449421915.29$7,553
Aug 19946257416.13$10,081
Jul 199448514517.56$8,517
Jun 199448612517.09$8,306
May 199462811815.88$9,973
Apr 199448334014.14$6,830
Mar 199449629312.46$6,180
Feb 199465623412.50$8,200
Jan 1994486112.66$6,153
Dec 199364890312.33$7,990
Nov 199349064514.49$7,100
Oct 19937951,11115.85$12,601
Sep 199366464415.03$9,980
Aug 199366650115.66$10,430
Jul 199349443615.46$7,637
Jun 199334970116.79$5,860
May 199382975417.68$14,657
Apr 199364341418.05$11,606
Mar 199382591318.14$14,966
Feb 19931,14299617.90$20,442
Jan 199383451716.93$14,120

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 2005 — as filed, then multipliedworked
Oil                  145 bbl  × $ 45.22 =     $6,557
Casinghead gas         0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                   $6,557

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/4871 is the state's own key, not one this site invented.