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 273081District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.7 M
Mar 2014 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
147
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 Gas112015-01-13214642
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
CondensateDisposition190,533 bbl$12,026,416
GasProduction1,477,019 Mcf$4,710,761
Total$16,737,177

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 28.8119, -97.9350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81193, -97.93499 · 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
12,450 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 12,450 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-255335295H12,450 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 (147)

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

147 months

May 2026283106.413.05$2,989
Apr 20264098.932.87$396
Mar 202685989.753.15$7,657
Feb 202676863.503.75$4,856
Jan 20265059.138.00$296
Dec 20255056.664.41$283
Nov 202518158.593.93$1,059
Oct 202548359.383.30$2,860
Sep 202515325162.743.08$10,372
Aug 20252402,12763.933.01$21,756
Jul 20252092,60666.743.32$22,588
Jun 20251922,13666.483.13$19,447
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20241079.932.15$80
Jun 2024231,50978.082.63$5,771
May 2024482,11078.812.20$8,422
Apr 20242303,10484.451.66$24,574
Mar 20242603,02680.301.55$25,554
Feb 20242192,57276.091.78$21,251
Jan 20242492,65473.023.30$26,934
Dec 20232302,67471.262.61$23,371
Nov 2023942,50777.892.81$14,360
Oct 20232352,76585.443.09$28,615
Sep 20231282,96989.042.74$19,517
Aug 20231982,46880.522.67$22,540
Jul 20232352,28674.852.64$23,629
Jun 20232062,44868.962.26$19,735
May 20232733,05970.622.23$26,093
Apr 20232843,14478.122.24$29,222
Mar 20231842,53872.852.39$19,478
Feb 202310890675.112.47$10,346
Jan 20231912,70676.533.39$23,784
Dec 20222232,87776.415.73$33,522
Nov 20222253,04085.005.65$36,289
Oct 20221762,63887.185.86$30,812
Sep 20221662,31184.888.16$32,956
Aug 20222012,52694.529.13$42,054
Jul 20222202,825101.587.54$43,654
Jun 20222283,008115.097.98$50,236
May 20222422,880109.378.43$50,755
Apr 20224543,985104.226.84$74,564
Mar 20221671,139108.885.08$23,965
Feb 202212029891.054.86$12,374
Jan 202214769481.844.54$15,180
Dec 20214002,94671.323.90$40,015
Nov 20214903,15977.435.24$54,484
Oct 20213332,24679.795.71$39,403
Sep 2021652,97869.865.35$20,476
Aug 20211543,17166.024.22$23,551
Jul 20211612,97470.783.98$23,238
Jun 20212560669.493.38$3,786
May 20212607,73563.483.02$39,846
Apr 202144810,63560.362.76$56,377
Mar 202151112,71261.302.72$65,862
Feb 20213969,60657.805.55$76,182
Jan 202148510,18550.412.81$53,071
Dec 202015044.642.68$670
Nov 202047812,06938.772.71$51,198
Oct 202038713,28536.972.48$47,233
Sep 20201967,45137.091.99$22,105
Aug 202045313,09539.982.39$49,344
Jul 202047513,17338.371.83$42,268
Jun 202047312,71334.901.69$37,997
May 202055813,28516.921.81$33,550
Apr 20201126,53114.751.80$13,436
Mar 20202478,11130.341.86$22,550
Feb 20206056,47149.881.98$42,994
Jan 20208394,86457.252.09$58,222
Dec 20197153,73959.012.30$50,808
Nov 20191,2554,37655.302.75$81,439
Oct 20197554,42653.472.42$51,074
Sep 20197714,19755.052.66$53,596
Aug 20198414,26253.112.30$54,487
Jul 20191,0104,35756.272.46$67,551
Jun 20197644,44552.782.49$51,397
May 20196724,88658.482.74$52,688
Apr 20199004,45662.632.75$68,624
Mar 20191,4895,19656.803.06$100,486
Feb 20191,1364,92850.852.79$71,526
Jan 20191,3385,67146.033.23$79,895
Dec 20181,2675,33246.594.19$81,346
Nov 20184855,43552.934.24$48,700
Oct 20189056,05561.443.40$76,179
Sep 20186335,91359.543.11$56,066
Aug 20186766,63259.403.07$60,492
Jul 20189404,71765.142.93$75,061
Jun 20181,9366,26560.183.08$135,785
May 20189816,65565.382.90$83,443
Apr 20187486,00063.842.90$65,157
Mar 20188146,46761.222.79$67,856
Feb 20186187,07461.782.77$57,748
Jan 20189857,33362.874.01$91,327
Dec 20178316,97157.272.92$67,957
Nov 20178888,17555.423.12$74,706
Oct 20171,0168,36049.292.98$75,022
Sep 20171,0448,84747.523.09$76,924
Aug 20179417,60445.373.00$65,539
Jul 20171,1779,69743.873.09$81,572
Jun 20171,2129,83842.493.09$81,871
May 20171,57011,96745.373.26$110,284
Apr 20171,83213,12547.933.21$129,960
Mar 20174118146.772.98$2,458
Feb 201715050.452.95$757
Jan 20174611,61049.413.42$28,282
Dec 20165385,56848.763.72$46,962
Nov 20161,18012,81442.492.64$84,023
Oct 20161,24516,78346.193.09$109,370
Sep 20161,35115,09041.553.10$102,923
Aug 20161,47817,45841.442.92$112,301
Jul 20161,66720,25941.622.92$128,625
Jun 20161,58621,59545.352.69$129,926
May 20161,83819,98742.521.99$117,947
Apr 20161,61416,52436.561.99$91,908
Mar 20161,66119,94733.011.79$90,615
Feb 20161,88419,77526.472.06$90,678
Jan 20161,80119,40527.352.36$95,138
Dec 20152,26723,02432.362.00$119,441
Nov 20152,44422,01438.792.17$142,514
Oct 20152,74225,94943.552.43$182,381
Sep 20152,33229,08042.992.76$180,468
Aug 20152,66431,05540.162.87$196,191
Jul 20153,37432,35448.152.95$257,743
Jun 20154,18028,58656.152.88$317,116
May 20154,51532,88355.212.96$346,457
Apr 20154,96635,92749.822.71$344,645
Mar 20155,27540,73342.892.93$345,784
Feb 20155,57044,71144.662.98$381,825
Jan 20156,96951,05643.433.10$460,969
Dec 20148,40459,40954.693.59$672,974
Nov 20149,61659,34670.464.25$929,873
Oct 201410,75950,76678.303.90$1,040,466
Sep 201410,73362,24886.164.05$1,176,576
Aug 201414,63871,57489.394.04$1,597,301
Jul 201418,64880,46696.564.18$2,136,967
Jun 20143,33814,63098.164.74$396,959
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$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            28 bbl  × $106.41 =     $2,979
Gas                    3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                   $2,989

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/273081 is the state's own key, not one this site invented.