FRANKE JOHNSON-PATINO 7H PSA

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 287163District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.7 M
May 2019 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
85
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
NGPA1none
ST-1112019-11-25225796

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
CondensateDisposition272,532 bbl$15,978,452
GasProduction2,536,217 Mcf$7,761,834
Total$23,740,286

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 28.7854, -97.9334. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78535, -97.93344 · 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
12,658 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 12,658 ft.

Completions filed
Nov 2019
1 of 1 wells

1 well

42-255357397H12,658 ftNov 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 (85)

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

85 months

May 20261,45222,640106.413.05$223,465
Apr 20261,52223,96498.932.87$219,341
Mar 20261,82125,56989.753.15$243,963
Feb 20261,98528,00363.503.75$231,068
Jan 20262,81342,94559.138.00$509,803
Dec 20253,18442,32256.664.41$367,188
Nov 20252,25838,24058.593.93$282,443
Oct 20254,41072,38859.383.30$501,097
Sep 20256338,86462.743.08$66,988
Aug 20251,18314,78463.933.01$120,199
Jul 20251,42316,45666.743.32$149,526
Jun 20251,24116,23966.483.13$133,309
May 20251,58716,49260.553.23$149,400
Apr 20252,09016,06262.363.54$187,242
Mar 20252,15215,88167.704.27$213,476
Feb 20251,34215,11370.884.34$160,724
Jan 20251,08411,03674.324.28$127,782
Dec 20241,30213,65868.993.12$132,457
Nov 20241,15911,16669.052.20$104,577
Oct 20241,32012,31671.372.28$122,306
Sep 20241,37012,36869.612.36$124,608
Aug 20241,35914,40475.632.06$132,506
Jul 20246784,79479.932.15$64,483
Jun 20248198,18578.082.63$85,507
May 20241,05910,50578.812.20$106,554
Apr 20241,00813,96584.451.66$108,296
Mar 20241,04812,80680.301.55$103,941
Feb 20241,18112,48376.091.78$112,127
Jan 20241,16712,62873.023.30$126,857
Dec 20231,24312,30771.262.61$120,706
Nov 20231,19513,39677.892.81$130,689
Oct 20231,32516,15285.443.09$163,074
Sep 20231,41915,93289.042.74$169,922
Aug 20231,14915,17780.522.67$133,084
Jul 20231,25014,67274.852.64$132,323
Jun 20231,20814,88568.962.26$116,921
May 20231,42016,16070.622.23$136,275
Apr 20231,38316,54378.122.24$145,059
Mar 20231,40217,18672.852.39$143,265
Feb 20231,37915,26175.112.47$141,205
Jan 20231,38416,72776.533.39$162,584
Dec 20221,08112,55976.415.73$154,551
Nov 20221,07712,82185.005.65$163,935
Oct 20221,20512,58687.185.86$178,853
Sep 20221,09512,55884.888.16$195,463
Aug 20221,26713,41694.529.13$242,207
Jul 20221,33714,398101.587.54$244,403
Jun 20221,24313,802115.097.98$253,158
May 202299713,084109.378.43$219,380
Apr 20221,22314,952104.226.84$229,697
Mar 20221,41217,297108.885.08$241,545
Feb 20221,34615,83991.054.86$199,512
Jan 20221,65617,41781.844.54$214,560
Dec 20211,59417,89771.323.90$183,467
Nov 20211,74817,75977.435.24$228,349
Oct 20211,81518,02779.795.71$247,823
Sep 20211,81917,54569.865.35$220,957
Aug 20212,05119,63166.024.22$218,261
Jul 20211,97519,75070.783.98$218,437
Jun 20211,98518,43469.493.38$200,256
May 20212,29821,80363.483.02$211,671
Apr 20212,38124,08060.362.76$210,140
Mar 20212,72829,23061.302.72$246,643
Feb 20211,79721,22557.805.55$221,622
Jan 20212,41227,74950.412.81$199,571
Dec 20202,63832,77244.642.68$205,441
Nov 20203,06735,36038.772.71$214,612
Oct 20203,21833,16236.972.48$201,159
Sep 20203,18933,62437.091.99$185,227
Aug 20203,59137,52139.982.39$233,060
Jul 20203,98741,47538.371.83$228,678
Jun 20203,59945,06734.901.69$201,782
May 20204,23851,05016.921.81$164,350
Apr 20204,67158,65014.751.80$174,724
Mar 20205,54968,05830.341.86$294,688
Feb 20205,81568,16849.881.98$425,071
Jan 20206,66163,83657.252.09$515,062
Dec 201910,41068,50559.012.30$772,154
Nov 201910,23557,70555.302.75$724,725
Oct 201911,55483,41153.472.42$819,525
Sep 201915,487109,68555.052.66$1,144,023
Aug 201919,117131,95953.112.30$1,319,385
Jul 201919,273130,32156.272.46$1,405,089
Jun 201924,918159,87152.782.49$1,713,443
May 201910,36651,48458.482.74$747,286

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         1,452 bbl  × $106.41 =   $154,507
Gas               22,640 Mcf  × $  3.05 =    $68,958

────────────────────────────────────────────────────
Month total                                 $223,465

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/287163 is the state's own key, not one this site invented.