FRANZ UNIT

Operated by ALTA MESA SERVICES, LP (P-5 15721) in the TELFERNER, EAST (5100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198029District 02Field 88733630CondensateGasSaveExport
Value, all time
$5.2 M
May 2003 – Mar 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
95
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 leases and 5 wells, and the rule below applies to all of them.

Discovered
1963-06-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: FIELD RULES EFFECTIVE 12-1-78

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
CondensateDisposition290 bbl$20,535
GasProduction708,625 Mcf$5,205,167
Total$5,225,702

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 28.8444, -96.7939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.84438, -96.79395 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,410 ft
1 wells filed one
Completion to plug
7.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 6,410 ft.

Completions filed
May 2003
1 of 1 wells
Plug dates filed
Mar 2011
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693369916,410 ftMay 2003Mar 2011Yes

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 (95)

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

95 months

Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200918061.133.46$1,100
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009085335.865.37$4,581
Dec 2008074537.105.98$4,453
Nov 2008069855.496.86$4,789
Oct 200802,14575.246.92$14,848
Sep 200803,305101.767.88$26,034
Aug 200804,796114.228.48$40,685
Jul 200805,022131.0811.39$57,198
Jun 200804,791131.3313.03$62,439
May 200806,976123.1711.57$80,742
Apr 20081016,334110.3110.45$77,362
Mar 200807,924101.909.66$76,578
Feb 200808,20492.538.77$71,954
Jan 2008010,72290.388.21$87,982
Dec 200708,66188.337.30$63,242
Nov 200708,76791.677.29$63,926
Oct 200709,35582.856.92$64,755
Sep 200709,83775.846.24$61,424
Aug 200706,28369.066.39$40,135
Jul 200708,41670.906.39$53,761
Jun 200708,80662.007.55$66,472
May 200709,00458.747.85$70,648
Apr 200709,36859.617.81$73,119
Mar 200708,09956.927.30$59,139
Feb 200708,80055.108.22$72,301
Jan 200709,62950.306.73$64,773
Dec 2006010,24656.656.92$70,886
Nov 2006010,80254.207.62$82,284
Oct 2006010,63154.906.01$63,933
Sep 200608,59460.085.04$43,290
Aug 2006011,56468.717.34$84,879
Jul 2006013,73969.376.34$87,143
Jun 2006014,43866.286.38$92,170
May 2006013,80666.016.42$88,704
Apr 2006010,75464.397.36$79,155
Mar 2006012,64256.707.08$89,542
Feb 20061311,59957.597.75$90,654
Jan 2006013,83560.598.93$123,592
Dec 2005012,94454.9413.42$173,649
Nov 2005011,72054.6910.59$124,096
Oct 2005014,10758.3413.80$194,617
Sep 2005014,31661.4512.08$172,923
Aug 20052715,54561.519.80$153,953
Jul 2005016,15355.697.84$126,698
Jun 2005015,49652.337.38$114,377
May 2005016,36545.226.65$108,846
Apr 2005015,65049.207.36$115,192
Mar 2005016,42250.377.15$117,497
Feb 200512814,92045.226.31$99,962
Jan 2005016,45843.166.32$104,051
Dec 2004015,04439.866.75$101,563
Nov 2004014,31645.286.33$90,626
Oct 200409,79749.706.52$63,828
Sep 2004015,43943.245.28$81,578
Aug 2004015,57342.375.55$86,440
Jul 2004013,06738.286.08$79,502
Jun 2004012,30436.106.43$79,152
May 2004010,20637.486.49$66,284
Apr 2004010,47934.475.86$61,391
Mar 2004211,22134.365.53$62,122
Feb 2004012,37532.455.51$68,182
Jan 2004014,10532.036.30$88,856
Dec 2003015,57230.266.30$98,129
Nov 2003015,43328.804.60$70,917
Oct 2003014,43928.174.76$68,724
Sep 2003016,55626.314.75$78,630
Aug 200301,41829.765.13$7,274
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003199526.595.97$5,969

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.

Jul 2009 — as filed, then multipliedworked
Condensate            18 bbl  × $ 61.13 =     $1,100
Gas                    0 Mcf  × $  3.46 =         $0

────────────────────────────────────────────────────
Month total                                   $1,100

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. 02/G/198029 is the state's own key, not one this site invented.