FRANKE-JOHNSON UNIT AC

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

Gas lease lease 279213District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.3 M
Feb 2015 – May 2026
Value, last 12 filed months
$228 k
at the published price for each month
Months reported
136
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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 Gas112017-02-21219540
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
CondensateDisposition205,882 bbl$10,042,633
GasProduction1,453,636 Mcf$4,302,361
Total$14,344,994

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 28.8102, -97.9411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81025, -97.94105 · 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
12,259 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 12,259 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-255339631H12,259 ftFeb 2015

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 (136)

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

136 months

May 20261841,281106.413.05$23,481
Apr 20263173,69598.932.87$41,964
Mar 20263314,37089.753.15$43,470
Feb 20261701,91363.503.75$17,969
Jan 20263344,57859.138.00$56,364
Dec 20251081,16856.664.41$11,274
Nov 202593858.593.93$5,480
Oct 20255924559.383.30$4,313
Sep 20252162.743.08$129
Aug 20255429763.933.01$4,348
Jul 20251541,02166.743.32$13,663
Jun 20256245666.483.13$5,548
May 20251492,32960.553.23$16,550
Apr 20254836,34162.363.54$52,587
Mar 20256024,81767.704.27$61,316
Feb 20254452,59570.884.34$42,806
Jan 20257253,48574.324.28$68,793
Dec 20247921368.993.12$6,115
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20249778.082.63$721
May 20247178.812.20$554
Apr 202443384.451.66$3,636
Mar 20243052,10280.301.55$27,739
Feb 20246543,69076.091.78$56,344
Jan 20248443,49273.023.30$73,144
Dec 20231751,32571.262.61$15,930
Nov 202312223377.892.81$10,157
Oct 202316024885.443.09$14,436
Sep 202318822989.042.74$17,366
Aug 202315322980.522.67$12,932
Jul 20236524574.852.64$5,512
Jun 202313571668.962.26$10,927
May 20233761,60370.622.23$30,124
Apr 20231981,99578.122.24$19,932
Mar 20233242,03472.852.39$28,471
Feb 20232261,74275.112.47$21,270
Jan 20232712,44976.533.39$29,036
Dec 20223022,79076.415.73$39,060
Nov 20222942,53885.005.65$39,320
Oct 20223313,10587.185.86$47,064
Sep 20224424,43784.888.16$73,739
Aug 20224634,40294.529.13$83,941
Jul 20224534,589101.587.54$80,626
Jun 20223003,273115.097.98$60,636
May 20222673,083109.378.43$55,201
Apr 20223283,569104.226.84$58,588
Mar 20225303,180108.885.08$73,849
Feb 20223931,38591.054.86$42,512
Jan 20224585,22081.844.54$61,169
Dec 20215464,77571.323.90$57,559
Nov 20216654,18477.435.24$73,402
Oct 20218376,83679.795.71$105,844
Sep 20216377,64669.865.35$85,414
Aug 20216537,22666.024.22$73,609
Jul 20213044,33070.783.98$38,760
Jun 20213618,53269.493.38$53,929
May 20213497,55763.483.02$44,959
Apr 20214897,06560.362.76$49,004
Mar 20214226,38761.302.72$43,222
Feb 20213785,83257.805.55$54,204
Jan 20215717,18350.412.81$48,970
Dec 20207808,08744.642.68$56,456
Nov 20205846,09638.772.71$39,141
Oct 202099110,26636.972.48$62,081
Sep 20201,17710,65137.091.99$64,862
Aug 20207708,29939.982.39$50,579
Jul 20206008,74638.371.83$38,985
Jun 20207137,86734.901.69$38,181
May 20207997,51016.921.81$27,148
Apr 20206377,51514.751.80$22,956
Mar 20208967,83630.341.86$41,730
Feb 20207608,00449.881.98$53,762
Jan 20208158,34457.252.09$64,137
Dec 20198248,14559.012.30$67,393
Nov 20197967,26955.302.75$64,014
Oct 20198317,16353.472.42$61,758
Sep 20198028,69755.052.66$67,260
Aug 20197597,70553.112.30$58,066
Jul 20197688,20256.272.46$63,393
Jun 20197598,62052.782.49$61,534
May 20198499,70358.482.74$76,239
Apr 20198049,16862.632.75$75,573
Mar 20195422,14156.803.06$37,342
Feb 20195266,30150.852.79$44,341
Jan 201994110,99046.033.23$78,792
Dec 20189969,96546.594.19$88,112
Nov 20189349,32252.934.24$88,936
Oct 20189278,77161.443.40$86,759
Sep 20189379,25759.543.11$84,560
Aug 20181,0789,96259.403.07$94,582
Jul 20181,0849,62365.142.93$98,825
Jun 20181,1229,40760.183.08$96,467
May 20181,0119,03865.382.90$92,317
Apr 20181,29111,35163.842.90$115,344
Mar 20181,24810,24661.222.79$104,957
Feb 20181,33110,33261.782.77$110,809
Jan 20181,24511,25062.874.01$123,378
Dec 20171,38010,13857.272.92$108,651
Nov 20171,48912,25355.423.12$120,730
Oct 20171,55913,40849.292.98$116,848
Sep 20171,68214,19947.523.09$123,765
Aug 20171,33714,29845.373.00$103,617
Jul 20171,57513,29643.873.09$110,144
Jun 20171,46713,61742.493.09$104,372
May 20171,66815,46945.373.26$126,159
Apr 20171,73815,60747.933.21$133,426
Mar 20171,91016,74546.772.98$139,292
Feb 20171,2939,97350.452.95$94,678
Jan 20171,39513,15849.413.42$113,912
Dec 20161,96715,35948.763.72$153,090
Nov 20161,84014,39342.492.64$116,242
Oct 20162,16916,63846.193.09$151,602
Sep 20162,48218,51641.553.10$160,538
Aug 20162,84121,35141.442.92$180,169
Jul 20163,20424,60741.622.92$205,310
Jun 20163,84528,72345.352.69$251,516
May 20166,30327,00642.521.99$321,774
Apr 20166,37936,34136.561.99$305,573
Mar 20162,99219,81733.011.79$134,318
Feb 20162,66524,33226.472.06$120,755
Jan 20163,51025,50627.352.36$156,304
Dec 20154,64427,59932.362.00$205,517
Nov 20155,32330,74838.792.17$273,120
Oct 20156,23835,90343.552.43$358,786
Sep 20156,45338,57342.992.76$383,815
Aug 20157,75841,26140.162.87$430,083
Jul 20158,97950,55548.152.95$581,227
Jun 20159,48458,25056.152.88$700,453
May 201512,19367,57455.212.96$872,887
Apr 201511,04458,84649.822.71$709,483
Mar 201517,23384,91642.892.93$988,327
Feb 20156,53732,53244.662.98$388,764

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           184 bbl  × $106.41 =    $19,579
Gas                1,281 Mcf  × $  3.05 =     $3,902

────────────────────────────────────────────────────
Month total                                  $23,481

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/279213 is the state's own key, not one this site invented.