FRANKE UNIT

Operated by MARATHON OIL EF LLC (P-5 525398) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273079District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.5 M
Feb 2014 – May 2026
Value, last 12 filed months
$517 k
at the published price for each month
Months reported
148
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 2017-10-10.

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: GAS WELLS

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 Gas112015-07-20216431
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
CondensateDisposition291,071 bbl$18,107,674
GasProduction1,960,388 Mcf$6,422,707
Total$24,530,380

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 28.8114, -97.9353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81135, -97.93528 · 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
12,485 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 12,485 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-255335144H12,485 ftJun 2014

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 (148)

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

148 months

May 20263324,365106.413.05$48,623
Apr 20264605,17598.932.87$60,359
Mar 20263043,18689.753.15$37,318
Feb 2026359063.503.75$2,560
Jan 20267136,43559.138.00$93,626
Dec 20258148,25156.664.41$82,536
Nov 20252922,52358.593.93$27,015
Oct 202590610,16159.383.30$87,379
Sep 20253211,64662.743.08$25,204
Aug 20250063.933.01$0
Jul 202515066.743.32$1,001
Jun 20255734,28066.483.13$51,484
May 20251,89616,56060.553.23$168,330
Apr 20252,71425,13262.363.54$258,291
Mar 20252,34334,91967.704.27$307,667
Feb 20253070.884.34$213
Jan 20259476974.324.28$10,276
Dec 20243983,83668.993.12$39,432
Nov 20243233,54269.052.20$30,090
Oct 20242894,28471.372.28$30,399
Sep 20242604,17569.612.36$27,970
Aug 20242464,60975.632.06$28,116
Jul 20242384,55179.932.15$28,792
Jun 20244563,84678.082.63$45,735
May 20245514,23578.812.20$52,735
Apr 20247145,40884.451.66$69,270
Mar 20243033,86480.301.55$30,301
Feb 20241463,35476.091.78$17,091
Jan 20242303,43673.023.30$28,125
Dec 20231502,92471.262.61$18,323
Nov 20231143,11377.892.81$17,619
Oct 20231433,57485.443.09$23,252
Sep 2023972,34489.042.74$15,048
Aug 20231002,60480.522.67$15,012
Jul 20231643,39674.852.64$21,247
Jun 2023363,74268.962.26$10,934
May 20232023,98470.622.23$23,139
Apr 20231626,05678.122.24$26,207
Mar 20231161,35972.852.39$11,703
Feb 20237325,17275.112.47$67,733
Jan 20232440376.533.39$3,202
Dec 20224672,72376.415.73$51,284
Nov 20222522,05785.005.65$33,034
Oct 20228974,03887.185.86$101,878
Sep 20229454,30884.888.16$115,381
Aug 20221,1094,92294.529.13$149,747
Jul 20229224,797101.587.54$129,836
Jun 20228774,410115.097.98$136,113
May 20225152,817109.378.43$80,081
Apr 20229484,648104.226.84$130,582
Mar 20221,0904,497108.885.08$141,508
Feb 20224772,96091.054.86$57,813
Jan 20229603,13181.844.54$92,774
Dec 20211,4875,08571.323.90$125,880
Nov 20211,2405,08677.435.24$122,648
Oct 20211,3425,70579.795.71$139,676
Sep 20211,1295,21169.865.35$106,756
Aug 20217274,77266.024.22$68,137
Jul 20217034,43170.783.98$67,403
Jun 20216974,40469.493.38$63,323
May 20218536,05863.483.02$72,429
Apr 20218167,00160.362.76$68,565
Mar 20216807,00161.302.72$60,705
Feb 202168611,46757.805.55$103,269
Jan 20216917,84750.412.81$56,886
Dec 202020044.642.68$893
Nov 20206294,76438.772.71$37,280
Oct 20206355,33736.972.48$36,703
Sep 20207435,42537.091.99$38,359
Aug 20209166,21439.982.39$51,443
Jul 20207716,06938.371.83$40,660
Jun 20207696,36234.901.69$37,592
May 20201,0136,79616.921.81$29,473
Apr 20208135,84914.751.80$22,546
Mar 20201,0527,17230.341.86$45,231
Feb 20208725,93949.881.98$55,259
Jan 20209546,06857.252.09$67,327
Dec 20198256,07759.012.30$62,687
Nov 20197825,92155.302.75$59,531
Oct 20199807,10353.472.42$69,579
Sep 20199926,60155.052.66$72,150
Aug 20191,2453,44153.112.30$74,051
Jul 20191,0983,60656.272.46$70,655
Jun 20199873,08852.782.49$59,787
May 20191,0533,83458.482.74$72,086
Apr 20191,1043,21862.632.75$77,995
Mar 20191,0622,73056.803.06$68,681
Feb 20199773,13450.852.79$58,431
Jan 20191,0103,30046.033.23$57,143
Dec 20181,0984,20046.594.19$68,735
Nov 20189356,68052.934.24$77,794
Oct 20181,2369,14861.443.40$107,025
Sep 20181,1719,17159.543.11$98,225
Aug 20181,3479,95459.403.07$110,536
Jul 20189355,88165.142.93$78,148
Jun 20181,4318,87760.183.08$113,431
May 20181,38910,21965.382.90$120,456
Apr 20181,2529,77763.842.90$108,289
Mar 20181,3959,96261.222.79$113,164
Feb 20181,0547,28061.782.77$85,253
Jan 20181,2629,71362.874.01$118,284
Dec 20171,4349,83657.272.92$110,861
Nov 20171,3309,23255.423.12$102,497
Oct 20171,44511,03749.292.98$104,155
Sep 20171,45213,36947.523.09$110,273
Aug 20171,28110,03745.373.00$88,274
Jul 20171,55512,89443.873.09$108,025
Jun 20171,59513,59642.493.09$109,746
May 20172,00015,81545.373.26$142,351
Apr 20171,52912,43947.933.21$113,234
Mar 20172,12917,72446.772.98$152,456
Feb 20172,85526,64650.452.95$222,710
Jan 20172,84519,65549.413.42$207,768
Dec 20161,04510,48548.763.72$89,988
Nov 20162,19218,48142.492.64$142,008
Oct 20162,16319,50946.193.09$160,197
Sep 20162,18921,50241.553.10$157,623
Aug 20162,43825,69941.442.92$176,183
Jul 20161,82624,22541.622.92$146,840
Jun 20161,78424,68645.352.69$147,207
May 20162,15526,99942.521.99$145,387
Apr 20162,38423,09536.561.99$133,142
Mar 20161,57011,25933.011.79$72,024
Feb 20162,20023,42326.472.06$106,570
Jan 20162,35925,53427.352.36$124,890
Dec 20153,49230,34032.362.00$173,724
Nov 20152,94531,50338.792.17$182,514
Oct 20153,47437,69543.552.43$242,763
Sep 20154,53032,74542.992.76$285,069
Aug 20155,25130,15640.162.87$297,503
Jul 20155,71336,66948.152.95$383,074
Jun 20156,36441,07556.152.88$475,752
May 20157,18044,92655.212.96$529,184
Apr 20157,74048,79349.822.71$517,668
Mar 20158,24651,77542.892.93$505,616
Feb 20158,47758,48844.662.98$552,654
Jan 201510,42557,02043.433.10$629,556
Dec 201412,76279,77354.693.59$984,447
Nov 201413,94777,04070.464.25$1,310,267
Oct 201414,28661,89478.303.90$1,360,040
Sep 201413,80676,47186.164.05$1,498,884
Aug 201417,95383,48989.394.04$1,941,707
Jul 201421,25291,43196.564.18$2,434,238
Jun 20143,14712,33998.164.74$367,358
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$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.

May 2026 — as filed, then multipliedworked
Condensate           332 bbl  × $106.41 =    $35,328
Gas                4,365 Mcf  × $  3.05 =    $13,295

────────────────────────────────────────────────────
Month total                                  $48,623

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/273079 is the state's own key, not one this site invented.