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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 285186District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.4 M
Feb 2018 – May 2026
Value, last 12 filed months
$386 k
at the published price for each month
Months reported
100
no gaps in the span
Streams
2
condensate, gas

The SUGARKANE (AUSTIN CHALK) field

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
NGPA1none——
ST-1112020-01-16225271

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
CondensateDisposition160,747 bbl$9,313,468
GasProduction1,368,179 Mcf$4,069,902
Total$13,383,370

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 28.7874, -97.9430. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78744, -97.94302 · 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
12,472 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 12,472 ft.

Completions filed
Dec 2023
1 of 1 wells

1 well

42-2553569412H12,472 ftDec 2023——

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 (100)

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

100 months

May 202667519106.413.05$8,710
Apr 20264184,29298.932.87$53,670
Mar 20266641,36989.753.15$63,906
Feb 20264003463.503.75$25,528
Jan 20261372,38859.138.00$27,200
Dec 20252056.664.41$113
Nov 20259611958.593.93$6,092
Oct 202519514259.383.30$12,048
Sep 20252112,95362.743.08$22,324
Aug 20254386,11263.933.01$46,428
Jul 20255817,03666.743.32$62,102
Jun 20255357,22066.483.13$58,156
May 20254283,80360.553.23$38,208
Apr 20251,2997,96262.363.54$109,216
Mar 20253733,11967.704.27$38,565
Feb 20251281170.884.34$9,120
Jan 202532274.324.28$2,387
Dec 20241211,15668.993.12$11,956
Nov 20245105,10869.052.20$46,445
Oct 20245775,95271.372.28$54,759
Sep 20245975,92269.612.36$55,559
Aug 20245986,42875.632.06$58,492
Jul 20247106,36779.932.15$70,418
Jun 20247286,59778.082.63$74,219
May 20248547,00078.812.20$82,693
Apr 20241,2306,39684.451.66$114,486
Mar 20246518,66580.301.55$65,664
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023824071.262.61$1,197
Nov 20232835677.892.81$3,180
Oct 20231928785.443.09$2,509
Sep 20232954989.042.74$4,084
Aug 20231936780.522.67$2,511
Jul 20230074.852.64$0
Jun 2023182268.962.26$1,291
May 20234805,99070.622.23$47,240
Apr 20235076,53278.122.24$54,224
Mar 20235086,72272.852.39$53,095
Feb 20235385,46275.112.47$53,877
Jan 20236047,03676.533.39$70,060
Dec 20225167,14176.415.73$80,339
Nov 20225326,90285.005.65$84,190
Oct 20226417,20987.185.86$98,154
Sep 20226036,88784.888.16$107,406
Aug 20226197,23194.529.13$124,506
Jul 20226267,971101.587.54$123,707
Jun 20225347,717115.097.98$123,018
May 20225648,464109.378.43$133,062
Apr 20226369,568104.226.84$131,706
Mar 202283211,970108.885.08$151,353
Feb 202277611,26491.054.86$125,385
Jan 202289212,02581.844.54$127,567
Dec 202187812,01771.323.90$109,475
Nov 20211,00211,98677.435.24$140,354
Oct 20211,01612,47379.795.71$152,336
Sep 202188611,32369.865.35$122,484
Aug 20211,04412,55766.024.22$121,923
Jul 20211,07512,68270.783.98$126,589
Jun 20211,16111,78969.493.38$120,532
May 20211,28012,55963.483.02$119,153
Apr 20211,45817,32160.362.76$135,783
Mar 20211,58821,53861.302.72$155,862
Feb 20211,15613,05057.805.55$139,218
Jan 20211,35114,07150.412.81$107,647
Dec 20201,44615,17144.642.68$105,139
Nov 20201,50314,50938.772.71$97,541
Oct 20201,30414,96536.972.48$85,299
Sep 20201,59016,89337.091.99$92,608
Aug 20201,69018,68139.982.39$112,122
Jul 20201,82020,62238.371.83$107,471
Jun 20202,02121,77134.901.69$107,333
May 20202,46524,25316.921.81$85,721
Apr 20202,68425,77114.751.80$86,090
Mar 20203,18029,33730.341.86$150,937
Feb 20203,27330,94249.881.98$224,543
Jan 20203,76837,84957.252.09$295,002
Dec 20194,22441,99359.012.30$346,025
Nov 20194,40443,92055.302.75$364,352
Oct 20195,42544,80553.472.42$398,437
Sep 20196,54050,06155.052.66$493,053
Aug 20197,06454,79053.112.30$501,425
Jul 20199,40358,91156.272.46$674,031
Jun 201912,05282,70352.782.49$842,134
May 201915,14499,32158.482.74$1,157,792
Apr 201918,639121,19362.632.75$1,500,726
Mar 201914,10491,76856.803.06$1,082,110
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$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            67 bbl  × $106.41 =     $7,129
Gas                  519 Mcf  × $  3.05 =     $1,581

────────────────────────────────────────────────────
Month total                                   $8,710

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/285186 is the state's own key, not one this site invented.