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 281775District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.6 M
Jan 2017 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
113
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 Gas112017-05-04220395
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
CondensateDisposition199,921 bbl$11,318,598
GasProduction1,039,801 Mcf$3,274,206
Total$14,592,804

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 28.7989, -97.9192. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.79890, -97.91919 · 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
12,674 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 12,674 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-25534899503H12,674 ftJan 2017

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 (113)

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

113 months

May 20264684106.413.05$49,812
Apr 202616621998.932.87$17,051
Mar 202652638389.753.15$48,415
Feb 202661443863.503.75$40,632
Jan 20261,60141959.138.00$98,018
Dec 20251,43338556.664.41$82,893
Nov 20251,59437558.593.93$94,865
Oct 20251,93263359.383.30$116,814
Sep 20251,37441862.743.08$87,491
Aug 20253,31483563.933.01$214,381
Jul 202588722466.743.32$59,941
Jun 20251,79395366.483.13$122,180
May 20251,80276660.553.23$111,587
Apr 20251,28068562.363.54$82,248
Mar 20251,1861,47167.704.27$86,571
Feb 20251,1201,38070.884.34$85,376
Jan 20258621,28374.324.28$69,553
Dec 20241,0031,45768.993.12$73,745
Nov 20241,1061,24569.052.20$79,106
Oct 20241,1881,52671.372.28$88,269
Sep 20241,0751,46169.612.36$78,285
Aug 20241,5331,74675.632.06$119,544
Jul 20241,9721,63379.932.15$161,127
Jun 20241,7271,68278.082.63$139,275
May 20241,0041,50578.812.20$82,434
Apr 20248221,59884.451.66$72,069
Mar 20246951,12180.301.55$57,541
Feb 20246511,56476.091.78$52,324
Jan 20245781,27873.023.30$46,420
Dec 20237851,30771.262.61$59,351
Nov 20239471,35077.892.81$77,552
Oct 20237631,26285.443.09$69,087
Sep 202324079389.042.74$23,538
Aug 202324911680.522.67$20,360
Jul 202358574.852.64$599
Jun 20237610368.962.26$5,474
May 202314117670.622.23$10,349
Apr 202313043278.122.24$11,122
Mar 20233122,53572.852.39$28,796
Feb 20232781,91175.112.47$25,592
Jan 20232832,06076.533.39$28,637
Dec 20223021,84076.415.73$33,617
Nov 20222632,02485.005.65$33,783
Oct 20223622,34787.185.86$45,321
Sep 20222552,01684.888.16$38,102
Aug 20223142,23694.529.13$50,088
Jul 20222871,644101.587.54$41,553
Jun 20222581,668115.097.98$42,999
May 20223401,938109.378.43$53,529
Apr 20224492,164104.226.84$61,591
Mar 20223971,944108.885.08$53,094
Feb 20227292,54391.054.86$78,731
Jan 20221,2184,56881.844.54$120,409
Dec 20211,3467,24871.323.90$124,258
Nov 20211,7258,12177.435.24$176,095
Oct 20212,23711,55079.795.71$244,485
Sep 202111723369.865.35$9,420
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20211069.493.38$69
May 2021781,72463.483.02$10,154
Apr 20212612,20560.362.76$21,836
Mar 20217086,25461.302.72$60,392
Feb 20213982,48957.805.55$36,813
Jan 202175110,32150.412.81$66,863
Dec 20207409,59844.642.68$58,713
Nov 20208298,87138.772.71$56,150
Oct 20201,0289,27036.972.48$60,980
Sep 20203953,04537.091.99$20,713
Aug 20204022,85639.982.39$22,884
Jul 2020251,11438.371.83$2,992
Jun 2020441,06034.901.69$3,327
May 20202842,37316.921.81$9,112
Apr 20206824,77414.751.80$18,674
Mar 20203066,70630.341.86$21,732
Feb 20206258,55549.881.98$48,120
Jan 20201,0708,60157.252.09$79,274
Dec 20191,0848,56759.012.30$83,708
Nov 20199908,60655.302.75$78,420
Oct 20191,1549,37853.472.42$84,385
Sep 20191,2669,63555.052.66$95,296
Aug 20191,36410,62853.112.30$96,933
Jul 20191,40010,89956.272.46$105,590
Jun 20191,39211,34552.782.49$101,732
May 20191,37511,40158.482.74$111,652
Apr 20191,58410,93862.632.75$129,293
Mar 20191,29511,73556.803.06$109,490
Feb 20191,17311,26550.852.79$91,101
Jan 20191,52113,41746.033.23$113,324
Dec 20181,39512,37546.594.19$116,788
Nov 20181,76115,12152.934.24$157,281
Oct 20181,95315,83861.443.40$173,811
Sep 20182,42317,17259.543.11$197,636
Aug 20182,77619,76459.403.07$225,502
Jul 20183,97520,70265.142.93$319,627
Jun 20182,7995,09060.183.08$184,105
May 20182,49810,08965.382.90$192,585
Apr 20181,67214,57963.842.90$149,031
Mar 20182,12518,30161.222.79$181,094
Feb 20182,40719,38661.782.77$202,328
Jan 20183,76225,16162.874.01$337,395
Dec 20174,67526,30357.272.92$344,582
Nov 20174,62624,73855.423.12$333,515
Oct 20175,04229,83749.292.98$337,544
Sep 20174,69430,99147.523.09$318,737
Aug 20174,82929,23845.373.00$306,934
Jul 20176,50338,46443.873.09$404,036
Jun 20177,05443,34042.493.09$433,527
May 20179,37754,37245.373.26$602,872
Apr 201711,33263,03247.933.21$745,576
Mar 201713,56775,45846.772.98$859,671
Feb 201717,58086,91250.452.95$1,143,527
Jan 20176,75731,00749.413.42$439,870

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           468 bbl  × $106.41 =    $49,800
Gas                    4 Mcf  × $  3.05 =        $12

────────────────────────────────────────────────────
Month total                                  $49,812

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/281775 is the state's own key, not one this site invented.