FREEMAN

Operated by FOWLER OIL & GAS LLC (P-5 100396) in the SPEAKS, SW. (RAINBOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254390District 02Field 849843702 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Jan 2009 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
209
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 28 leases and 28 wells, and the rule below applies to all of them.

Discovered
1998-03-01
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 2000-01-11.

The Commission's schedule remark for this field reads: OPTIONAL 160 AC UNITS CORRECTED TO 4500 FT.

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 Gas112010-02-24191126
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
CondensateDisposition30 bbl$1,473
GasProduction692,414 Mcf$2,742,585
Total$2,744,058

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 29.2712, -96.7564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.27122, -96.75637 · 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
14,887 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 14,887 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-285335151414,887 ftJan 2009

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 (209)

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

209 months

May 20260194106.413.05$591
Apr 2026012098.932.87$344
Mar 2026014389.753.15$450
Feb 2026015163.503.75$566
Jan 2026015259.138.00$1,216
Dec 2025024556.664.41$1,081
Nov 2025023158.593.93$907
Oct 2025020959.383.30$691
Sep 2025020562.743.08$631
Aug 2025019663.933.01$591
Jul 2025020866.743.32$690
Jun 2025022066.483.13$688
May 2025021760.553.23$701
Apr 2025022862.363.54$808
Mar 2025022867.704.27$973
Feb 2025022670.884.34$981
Jan 2025019874.324.28$847
Dec 2024026968.993.12$840
Nov 2024022369.052.20$490
Oct 2024016771.372.28$381
Sep 202408169.612.36$192
Aug 202408375.632.06$171
Jul 202403479.932.15$73
Jun 202408778.082.63$229
May 2024011278.812.20$246
Apr 202408284.451.66$136
Mar 2024012680.301.55$195
Feb 2024014676.091.78$260
Jan 2024021973.023.30$722
Dec 2023011571.262.61$300
Nov 2023029577.892.81$828
Oct 2023013785.443.09$423
Sep 2023015589.042.74$424
Aug 202309780.522.67$259
Jul 2023032074.852.64$845
Jun 2023051568.962.26$1,163
May 20230270.622.23$4
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202302675.112.47$64
Jan 202309176.533.39$308
Dec 2022010076.415.73$573
Nov 2022010085.005.65$565
Oct 2022011487.185.86$668
Sep 2022011884.888.16$963
Aug 2022011194.529.13$1,013
Jul 20220141101.587.54$1,063
Jun 20220152115.097.98$1,213
May 20220147109.378.43$1,240
Apr 20220123104.226.84$841
Mar 20220152108.885.08$772
Feb 202207291.054.86$350
Jan 202204881.844.54$218
Dec 202101771.323.90$66
Nov 202107377.435.24$382
Oct 2021011579.795.71$657
Sep 2021030869.865.35$1,648
Aug 2021011366.024.22$477
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20211063.483.02$63
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
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 202098014.751.80$277
Mar 2020014830.341.86$275
Feb 2020012049.881.98$238
Jan 202007857.252.09$163
Dec 201907859.012.30$180
Nov 201907255.302.75$198
Oct 201908053.472.42$193
Sep 201907955.052.66$210
Aug 201907953.112.30$182
Jul 201908056.272.46$197
Jun 201909352.782.49$232
May 2019013858.482.74$378
Apr 2019014462.632.75$396
Mar 2019013756.803.06$420
Feb 2019015950.852.79$444
Jan 2019022946.033.23$739
Dec 2018016246.594.19$678
Nov 2018013552.934.24$572
Oct 2018015461.443.40$523
Sep 2018015959.543.11$494
Aug 2018017259.403.07$527
Jul 2018020765.142.93$607
Jun 2018021560.183.08$662
May 2018017165.382.90$496
Apr 20182021163.842.90$1,889
Mar 2018014461.222.79$401
Feb 2018013461.782.77$371
Jan 2018020762.874.01$830
Dec 2017022957.272.92$669
Nov 2017019955.423.12$621
Oct 2017016249.292.98$483
Sep 2017022047.523.09$679
Aug 2017015745.373.00$472
Jul 2017026443.873.09$815
Jun 2017018542.493.09$571
May 2017013645.373.26$444
Apr 2017015447.933.21$495
Mar 2017018746.772.98$558
Feb 2017017050.452.95$502
Jan 2017022049.413.42$752
Dec 2016024348.763.72$905
Nov 2016026242.492.64$693
Oct 2016023446.193.09$723
Sep 2016022041.553.10$682
Aug 2016020541.442.92$599
Jul 2016021341.622.92$623
Jun 2016023845.352.69$639
May 2016022642.521.99$450
Apr 2016020536.561.99$408
Mar 2016024733.011.79$443
Feb 2016017626.472.06$363
Jan 2016015327.352.36$362
Dec 2015013932.362.00$278
Nov 201506638.792.17$143
Oct 20150743.552.43$17
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150248.152.95$6
Jun 201501256.152.88$35
May 201501255.212.96$35
Apr 201501449.822.71$38
Mar 201501842.892.93$53
Feb 201502844.662.98$83
Jan 2015013043.433.10$403
Dec 2014019254.693.59$690
Nov 201401170.464.25$47
Oct 201406178.303.90$238
Sep 201404586.164.05$182
Aug 201402889.394.04$113
Jul 2014017696.564.18$736
Jun 201407898.164.74$369
May 2014025294.734.73$1,191
Apr 2014010095.944.81$481
Mar 2014012395.895.06$622
Feb 2014031297.406.19$1,932
Jan 2014082090.404.86$3,986
Dec 2013033391.824.35$1,450
Nov 201306788.853.74$250
Oct 201301,06097.423.78$4,006
Sep 201302,814104.113.72$10,462
Aug 201302,250104.253.52$7,926
Jul 201304,332102.523.72$16,105
Jun 201302,22694.403.93$8,756
May 201304,86394.834.15$20,177
Apr 201304,96093.964.28$21,242
Mar 201305,49693.623.91$21,505
Feb 201305,10891.233.42$17,469
Jan 201305,61291.603.42$19,193
Dec 201205,86786.773.42$20,066
Nov 201205,76286.953.62$20,887
Oct 201205,00789.383.40$17,022
Sep 201206,35694.672.92$18,549
Aug 201206,94992.662.91$20,209
Jul 201207,40685.133.02$22,372
Jun 201206,70379.822.52$16,885
May 201207,12791.612.49$17,734
Apr 201206,533101.652.00$13,045
Mar 201207,679105.052.22$17,063
Feb 201207,677101.102.57$19,732
Jan 201209,00798.092.73$24,626
Dec 201109,67696.873.24$31,348
Nov 201109,54595.723.31$31,606
Oct 201109,69684.983.65$35,376
Sep 201109,81383.623.99$39,113
Aug 2011010,64183.404.15$44,153
Jul 201109,43194.144.52$42,602
Jun 2011011,04992.904.64$51,266
May 2011011,37598.134.40$50,105
Apr 201108,672105.964.33$37,578
Mar 201106,29396.364.06$25,533
Feb 201104585.644.18$188
Jan 201104,02386.504.59$18,461
Dec 2010014,87185.734.35$64,655
Nov 2010012,81880.843.80$48,649
Oct 2010015,40278.103.51$54,044
Sep 2010011,55172.633.98$45,967
Aug 2010016,95973.684.42$74,948
Jul 2010014,15972.554.74$67,064
Jun 2010014,42570.364.91$70,833
May 2010014,32571.124.24$60,670
Apr 2010016,02181.694.12$66,050
Mar 2010017,40978.394.39$76,402
Feb 2010015,84873.585.44$86,251
Jan 2010019,86974.365.96$118,501
Dec 2009018,71071.445.48$102,601
Nov 2009018,97574.593.75$71,185
Oct 2009020,10872.544.11$82,649
Sep 2009022,43365.543.06$68,752
Aug 2009023,12467.423.22$74,425
Jul 2009021,25161.133.46$73,624
Jun 2009022,22866.163.90$86,578
May 2009025,31354.743.93$99,373
Apr 2009027,74546.773.59$99,535
Mar 2009032,99842.144.06$133,939
Feb 2009031,46432.814.63$145,773
Jan 200902,80235.865.37$15,050

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             0 bbl  × $106.41 =         $0
Gas                  194 Mcf  × $  3.05 =       $591

────────────────────────────────────────────────────
Month total                                     $591

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/254390 is the state's own key, not one this site invented.