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 285263District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.3 M
Mar 2018 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
99
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
NGPA1none
ST-1112019-11-25225272

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
CondensateDisposition178,552 bbl$10,138,219
GasProduction1,394,752 Mcf$4,146,975
Total$14,285,194

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 28.7887, -97.9385. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78870, -97.93850 · 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
12,486 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 12,486 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-255356938H12,486 ftMar 2019

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 (99)

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

99 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20242078.082.63$156
May 202447878.812.20$3,722
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20232072.852.39$146
Feb 20239816975.112.47$7,777
Jan 20234945,36576.533.39$55,981
Dec 20224775,76076.415.73$69,447
Nov 20224915,85585.005.65$74,794
Oct 202231313,22787.185.86$104,847
Sep 20224596,97684.888.16$95,910
Aug 20225229,66894.529.13$137,581
Jul 20226066,280101.587.54$108,922
Jun 20225555,996115.097.98$111,706
May 20224986,786109.378.43$111,693
Apr 20228457,538104.226.84$139,608
Mar 20221,87710,973108.885.08$260,071
Feb 20221,8318,91691.054.86$210,034
Jan 20221,6396,84181.844.54$165,178
Dec 20211,25614,39571.323.90$145,706
Nov 20211,15527,89377.435.24$235,503
Oct 20219048,04179.795.71$118,075
Sep 20219298,22569.865.35$108,911
Aug 20211,13510,33466.024.22$118,548
Jul 20211,14211,39370.783.98$126,199
Jun 20211,49412,83569.493.38$147,208
May 20211,56814,39663.483.02$142,979
Apr 20211,51514,95660.362.76$132,700
Mar 20211,69919,50461.302.72$157,140
Feb 202199620,10857.805.55$169,127
Jan 20211,39632,74950.412.81$162,406
Dec 20201,66234,37244.642.68$166,153
Nov 20201,66918,18138.772.71$113,915
Oct 20201,66415,61936.972.48$100,229
Sep 20201,71315,20637.091.99$93,811
Aug 20201,94817,85739.982.39$120,472
Jul 20202,12419,64338.371.83$117,349
Jun 20202,31220,66034.901.69$115,611
May 20202,76323,20016.921.81$88,852
Apr 20202,96924,53114.751.80$88,056
Mar 20203,47428,88530.341.86$159,018
Feb 20203,66730,27249.881.98$242,869
Jan 20204,32736,44357.252.09$324,059
Dec 20195,05041,31759.012.30$393,210
Nov 20195,83547,51855.302.75$453,383
Oct 20196,98056,55253.472.42$509,994
Sep 20197,98362,65655.052.66$605,959
Aug 20198,58061,71453.112.30$597,895
Jul 201911,73278,56756.272.46$853,439
Jun 201915,280111,28752.782.49$1,083,717
May 201923,540145,70658.482.74$1,775,900
Apr 201923,993136,21662.632.75$1,877,371
Mar 201913,34273,16356.803.06$981,858
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

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.

Jun 2024 — as filed, then multipliedworked
Condensate             2 bbl  × $ 78.08 =       $156
Gas                    0 Mcf  × $  2.63 =         $0

────────────────────────────────────────────────────
Month total                                     $156

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/285263 is the state's own key, not one this site invented.