FRANKE 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 282542District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.9 M
Apr 2016 – May 2026
Value, last 12 filed months
$263 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 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 Gas112020-05-14221109
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
CondensateDisposition109,119 bbl$5,591,779
GasProduction745,529 Mcf$2,271,880
Total$7,863,659

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 28.8108, -97.9373. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.81078, -97.93726 · 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
12,308 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 12,308 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-255343002H12,308 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 20262652,347106.413.05$35,347
Apr 20261892,51998.932.87$25,927
Mar 20261682,81989.753.15$23,956
Feb 20262493,17963.503.75$27,734
Jan 20263494,06559.138.00$53,148
Dec 20253152,64056.664.41$29,499
Nov 2025443158.593.93$2,700
Oct 202515382259.383.30$11,802
Sep 20251181,96862.743.08$13,459
Aug 2025971,59763.933.01$11,016
Jul 20251181,88566.743.32$14,124
Jun 20251232,07966.483.13$14,682
May 2025822,29160.553.23$12,370
Apr 2025942,01562.363.54$13,001
Mar 20252122,22067.704.27$23,828
Feb 2025521,76870.884.34$11,360
Jan 2025131,25374.324.28$6,327
Dec 2024101,82368.993.12$6,380
Nov 2024771,71269.052.20$9,081
Oct 2024961,53971.372.28$10,363
Sep 20241503,08169.612.36$17,726
Aug 20241072,54375.632.06$13,340
Jul 2024372,45779.932.15$8,232
Jun 2024912,79878.082.63$14,475
May 20241723,15978.812.20$20,500
Apr 20242042,76384.451.66$21,812
Mar 2024191,79180.301.55$4,293
Feb 20241471,56376.091.78$13,973
Jan 20242911,66073.023.30$26,723
Dec 20231261,58671.262.61$13,119
Nov 20233461,76677.892.81$31,908
Oct 20234311,84485.443.09$42,518
Sep 20235152,30989.042.74$52,171
Aug 20235883,13880.522.67$55,733
Jul 20235173,06374.852.64$46,789
Jun 20231842,31068.962.26$17,906
May 20233572,68970.622.23$31,201
Apr 20232321,17878.122.24$20,760
Mar 20235782,58572.852.39$48,294
Feb 20234512,09875.112.47$39,048
Jan 20236222,88876.533.39$57,385
Dec 20221042,85776.415.73$24,315
Nov 20221351,82385.005.65$21,768
Oct 2022822,20487.185.86$20,072
Sep 20225873,86984.888.16$81,410
Aug 20224603,24794.529.13$73,115
Jul 20221,1063,293101.587.54$137,184
Jun 202291,012115.097.98$9,109
May 20221101,141109.378.43$21,653
Apr 20221481,435104.226.84$25,237
Mar 20222433,587108.885.08$44,667
Feb 20224522,25591.054.86$52,111
Jan 2022993,10881.844.54$22,205
Dec 20213182,87571.323.90$33,890
Nov 20213355,41277.435.24$54,281
Oct 20216638,04379.795.71$98,857
Sep 2021355,18169.865.35$30,168
Aug 2021263,79266.024.22$17,721
Jul 2021493,71270.783.98$18,250
Jun 2021802,79869.493.38$15,018
May 2021441,99863.483.02$8,822
Apr 20216242,92060.362.76$45,719
Mar 20218693,69161.302.72$63,298
Feb 20214041,30157.805.55$30,569
Jan 20216031,11550.412.81$33,531
Dec 20201982,77344.642.68$16,258
Nov 20203843,15238.772.71$23,419
Oct 20205143,56836.972.48$27,846
Sep 20203123,38537.091.99$18,312
Aug 20206913,26239.982.39$35,406
Jul 20204243,33338.371.83$22,352
Jun 202046686834.901.69$17,731
May 20206298,24516.921.81$25,605
Apr 20203101,20414.751.80$6,745
Mar 20203563,79930.341.86$17,853
Feb 20202013,36849.881.98$16,697
Jan 20206554,36957.252.09$46,651
Dec 20194994,26159.012.30$39,265
Nov 20196644,14355.302.75$48,115
Oct 20196314,78853.472.42$45,320
Sep 20196914,78755.052.66$50,760
Aug 20197344,83153.112.30$50,115
Jul 20196904,96556.272.46$51,041
Jun 20192,4064,85452.782.49$139,081
May 20191,2744,88058.482.74$87,876
Apr 20198554,97762.632.75$67,239
Mar 20196734,97456.803.06$53,457
Feb 20195465,65350.852.79$43,549
Jan 20197246,22846.033.23$53,431
Dec 20181,0455,80446.594.19$72,979
Nov 20181,0586,12452.934.24$81,949
Oct 20187505,54261.443.40$64,912
Sep 20186905,30959.543.11$57,583
Aug 20181,1155,91859.403.07$84,379
Jul 20181,0996,73665.142.93$91,338
Jun 20181,1466,88660.183.08$90,154
May 20181,2467,36965.382.90$102,839
Apr 20181,0158,07963.842.90$88,233
Mar 20181,1177,82061.222.79$90,176
Feb 20181,0756,94561.782.77$85,624
Jan 20181,2028,21362.874.01$108,498
Dec 20171,1087,92057.272.92$86,594
Nov 20171,1618,48155.423.12$90,789
Oct 20171,2609,67849.292.98$90,981
Sep 20171,46412,07147.523.09$106,836
Aug 20171,33412,14245.373.00$97,003
Jul 20171,51711,22343.873.09$101,199
Jun 20171,48510,19142.493.09$94,560
May 20171,46310,89845.373.26$101,941
Apr 20171,53710,48247.933.21$107,332
Mar 20172,34812,05546.772.98$145,784
Feb 20171,55112,12050.452.95$114,033
Jan 20172,10114,99049.413.42$155,058
Dec 20162,31116,78448.763.72$175,168
Nov 20162,68017,30042.492.64$159,620
Oct 20162,91719,17446.193.09$193,989
Sep 20163,10921,43641.553.10$195,644
Aug 20163,63724,17341.442.92$221,407
Jul 20164,69428,22641.622.92$277,907
Jun 20165,81130,22145.352.69$344,697
May 20168,98246,77142.521.99$475,038
Apr 201611,99065,27136.561.99$568,312

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           265 bbl  × $106.41 =    $28,199
Gas                2,347 Mcf  × $  3.05 =     $7,149

────────────────────────────────────────────────────
Month total                                  $35,347

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/282542 is the state's own key, not one this site invented.