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 284525District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.8 M
May 2017 – May 2026
Value, last 12 filed months
$82 k
at the published price for each month
Months reported
109
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 Gas112019-03-26223504
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
CondensateDisposition189,188 bbl$11,280,006
GasProduction1,458,013 Mcf$4,471,427
Total$15,751,433

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 28.7852, -97.9471. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78522, -97.94710 · 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
12,423 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 12,423 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-2553519516H12,423 ftMay 2018

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 (109)

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

109 months

May 20261531,023106.413.05$19,397
Apr 20261881,99198.932.87$24,312
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20252056.664.41$113
Nov 202511068258.593.93$9,123
Oct 20251664759.383.30$10,012
Sep 20251293862.743.08$8,210
Aug 2025722163.933.01$4,666
Jul 2025461366.743.32$3,113
Jun 2025441366.483.13$2,966
May 2025411260.553.23$2,521
Apr 20256413862.363.54$4,480
Mar 20253935767.704.27$4,164
Feb 20252442,88670.884.34$29,822
Jan 20252172,55874.324.28$27,072
Dec 20242943,59268.993.12$31,495
Nov 20242833,10869.052.20$26,374
Oct 20243233,64871.372.28$31,375
Sep 20244064,29369.612.36$38,412
Aug 20244144,86475.632.06$41,348
Jul 20244614,88879.932.15$47,340
Jun 20244375,03478.082.63$47,380
May 20245145,61778.812.20$52,857
Apr 20243966,19184.451.66$43,714
Mar 20242573,64380.301.55$26,266
Feb 20244404,85476.091.78$42,137
Jan 20246036,43973.023.30$65,265
Dec 20236106,19471.262.61$59,639
Nov 20235956,34377.892.81$64,153
Oct 20236374,91085.443.09$69,584
Sep 20235554,67489.042.74$62,201
Aug 20232753,56380.522.67$31,666
Jul 20233373,75374.852.64$35,139
Jun 20233213,59168.962.26$30,246
May 20234683,95670.622.23$41,862
Apr 20234754,12378.122.24$46,333
Mar 20235453,99772.852.39$49,269
Feb 20233292,76275.112.47$31,521
Jan 20234344,52176.533.39$48,530
Dec 20224955,17576.415.73$67,471
Nov 20225684,88785.005.65$75,873
Oct 20229505,93787.185.86$117,634
Sep 20221,3606,43784.888.16$167,986
Aug 20223142694.529.13$6,818
Jul 2022501722101.587.54$56,337
Jun 20224683,585115.097.98$82,460
May 2022252371109.378.43$30,690
Apr 20227311,833104.226.84$88,718
Mar 20221,6178,298108.885.08$218,183
Feb 20221,3077,94191.054.86$157,586
Jan 20221,5928,81181.844.54$170,271
Dec 20211,4558,65771.323.90$137,525
Nov 20211,4728,46377.435.24$158,296
Oct 20211,3549,20679.795.71$160,638
Sep 20211,4879,85369.865.35$156,604
Aug 20211,56910,60766.024.22$148,353
Jul 20211,62910,56470.783.98$157,367
Jun 20211,7049,54969.493.38$150,693
May 20211,98110,79163.483.02$158,318
Apr 20211,5086,86760.362.76$109,965
Mar 20212951,98361.302.72$23,471
Feb 20217386,03257.805.55$76,122
Jan 20211,09911,94750.412.81$88,975
Dec 20201,20614,33844.642.68$92,197
Nov 20201,26913,86438.772.71$86,723
Oct 20201,41315,30736.972.48$90,176
Sep 20201,32315,30237.091.99$79,537
Aug 20201,44716,86639.982.39$98,078
Jul 20201,51617,68838.371.83$90,452
Jun 20201,58517,31634.901.69$84,586
May 20201,85718,19716.921.81$64,443
Apr 20201,77617,42014.751.80$57,628
Mar 20201,92019,03530.341.86$93,586
Feb 20201,98618,87549.881.98$136,447
Jan 20202,27321,72557.252.09$175,637
Dec 20192,23622,38859.012.30$183,536
Nov 20192,41723,44255.302.75$198,142
Oct 20192,64125,46453.472.42$202,800
Sep 20192,94925,48655.052.66$230,066
Aug 20193,14225,92253.112.30$226,605
Jul 20193,33227,79156.272.46$255,859
Jun 20193,38928,31252.782.49$249,402
May 20193,58431,37158.482.74$295,559
Apr 20194,24136,42762.632.75$365,814
Mar 20194,60840,98656.803.06$387,238
Feb 20193,75828,86350.852.79$271,686
Jan 20195,79343,53246.033.23$407,181
Dec 20187,30450,87446.594.19$553,223
Nov 20187,54056,33652.934.24$637,801
Oct 20189,75368,92261.443.40$833,427
Sep 201811,86684,35059.543.11$968,661
Aug 201814,926103,52659.403.07$1,204,073
Jul 201817,831116,44265.142.93$1,502,905
Jun 201815,968106,77260.183.08$1,289,483
May 20184,25227,59565.382.90$358,043
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$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           153 bbl  × $106.41 =    $16,281
Gas                1,023 Mcf  × $  3.05 =     $3,116

────────────────────────────────────────────────────
Month total                                  $19,397

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/284525 is the state's own key, not one this site invented.