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 280326District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Apr 2016 – May 2026
Value, last 12 filed months
$196 k
at the published price for each month
Months reported
122
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 Gas112017-03-20220083
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
CondensateDisposition88,927 bbl$4,726,431
GasProduction502,165 Mcf$1,488,197
Total$6,214,627

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 28.8060, -97.9343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80605, -97.93434 · 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
12,488 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 12,488 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-255342987H12,488 ftApr 2016

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 (122)

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

122 months

May 2026126301106.413.05$14,324
Apr 20262591,39398.932.87$29,620
Mar 20261871,39589.753.15$21,177
Feb 20262041,19763.503.75$17,443
Jan 20261231,44959.138.00$18,862
Dec 202511296756.664.41$10,614
Nov 20252171,98058.593.93$20,488
Oct 20256114,25259.383.30$50,333
Sep 20252241162.743.08$2,645
Aug 20253654463.933.01$3,942
Jul 20255066.743.32$334
Jun 20255191066.483.13$6,238
May 20259599460.553.23$8,965
Apr 202516595862.363.54$13,684
Mar 20252511,82867.704.27$24,795
Feb 20253752,38370.884.34$36,924
Jan 202519279274.324.28$17,658
Dec 202412168.993.12$831
Nov 20246329569.052.20$4,999
Oct 20241011,05171.372.28$9,606
Sep 20246088769.612.36$6,274
Aug 2024871,14975.632.06$8,951
Jul 20246199779.932.15$7,016
Jun 202410478078.082.63$10,175
May 202410389278.812.20$10,078
Apr 20242289384.451.66$3,340
Mar 20241676080.301.55$2,459
Feb 202417678976.091.78$14,799
Jan 20241421,85973.023.30$16,499
Dec 202313185371.262.61$11,562
Nov 202311881677.892.81$11,482
Oct 20231141,79985.443.09$15,294
Sep 20231281,66889.042.74$15,959
Aug 2023981,80280.522.67$12,707
Jul 20231231,70674.852.64$13,713
Jun 202312861168.962.26$10,207
May 202316183470.622.23$13,227
Apr 202315797478.122.24$14,444
Mar 202332489972.852.39$25,755
Feb 202376584275.112.47$59,535
Jan 202365599376.533.39$53,491
Dec 20226131,30276.415.73$54,299
Nov 20223241,38185.005.65$35,337
Oct 20221341,75887.185.86$21,991
Sep 2022761,72884.888.16$20,558
Aug 2022272,05594.529.13$21,308
Jul 2022652,375101.587.54$24,515
Jun 20224452,920115.097.98$74,508
May 20224,8945,781109.378.43$584,008
Apr 20222,2982,652104.226.84$257,631
Mar 202260108.885.08$653
Feb 202217232291.054.86$17,225
Jan 2022037481.844.54$1,697
Dec 2021043471.323.90$1,692
Nov 2021044377.435.24$2,320
Oct 2021353079.795.71$3,268
Sep 20218754069.865.35$8,967
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202122469.493.38$220
May 20210063.483.02$0
Apr 202112660.362.76$132
Mar 2021131761.302.72$923
Feb 20211446057.805.55$3,361
Jan 2021236750.412.81$1,132
Dec 2020051544.642.68$1,378
Nov 2020045138.772.71$1,221
Oct 2020012536.972.48$310
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 20200014.751.80$0
Mar 20201130.341.86$32
Feb 20200049.881.98$0
Jan 202023957.252.09$196
Dec 20195270759.012.30$4,698
Nov 20195041455.302.75$3,904
Oct 20191253.472.42$58
Sep 2019188555.052.66$1,217
Aug 20197053.112.30$372
Jul 201947018256.272.46$26,895
Jun 20191,71557852.782.49$91,958
May 20191,76255258.482.74$104,554
Apr 20196447962.632.75$5,326
Mar 20195666056.803.06$5,202
Feb 2019171,46350.852.79$4,949
Jan 2019782,53546.033.23$11,774
Dec 20182123,68246.594.19$25,288
Nov 20187345,30252.934.24$61,316
Oct 20185994,98461.443.40$53,739
Sep 20185524,38659.543.11$46,498
Aug 20185024,24259.403.07$42,827
Jul 20184304,02265.142.93$39,802
Jun 20182943,62660.183.08$28,850
May 20186633,75665.382.90$54,242
Apr 20189264,70363.842.90$72,758
Mar 20181,1984,64161.222.79$86,275
Feb 20185624,25661.782.77$46,493
Jan 20187172,34662.874.01$54,484
Dec 20175563,55157.272.92$42,216
Nov 20175315,07755.423.12$45,260
Oct 20175506,30049.292.98$45,907
Sep 20176176,73947.523.09$50,125
Aug 20178771545.373.00$6,095
Jul 20176426,68743.873.09$48,809
Jun 20176717,09242.493.09$50,406
May 20178148,08145.373.26$63,303
Apr 20171,0809,05747.933.21$80,852
Mar 20171,32610,39146.772.98$93,020
Feb 20171,2799,87150.452.95$93,671
Jan 20171,60411,63349.413.42$119,025
Dec 20161,65811,60848.763.72$124,059
Nov 20161,81512,19142.492.64$109,357
Oct 20162,19614,34046.193.09$145,748
Sep 20162,60318,90441.553.10$166,769
Aug 20163,50422,38041.442.92$210,652
Jul 20164,41624,40541.622.92$255,162
Jun 20166,48335,64545.352.69$389,740
May 201611,24558,80342.521.99$595,217
Apr 201617,52488,26836.561.99$816,423

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           126 bbl  × $106.41 =    $13,408
Gas                  301 Mcf  × $  3.05 =       $917

────────────────────────────────────────────────────
Month total                                  $14,324

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/280326 is the state's own key, not one this site invented.