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FRANKLIN UNIT

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11826District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$61.8 M
Jul 2019 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
83
no gaps in the span
Streams
2
oil, casinghead 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.”

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
OilDisposition930,914 bbl$58,280,240
Casinghead gasProduction1,082,598 Mcf$3,553,892
Total$61,834,132

Wells on this lease (4)

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 28.8957, -98.0324. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

28.89547, -98.03327 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
10,664 ft
4 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.
4100.0%

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

Between 10,653 and 10,683 ft, median 10,664 ft, over the 4 wells that filed a depth.

Completions filed
Jul 2019 – Apr 2022
4 of 4 wells

4 wells

42-25537347101H10,653 ftApr 2022——
42-2553643630H10,683 ftJul 2019——
42-2553644229H10,656 ftJul 2019——
42-2553643731H10,671 ftJul 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 (83)

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

83 months

May 20263,1524,895106.413.05$350,314
Apr 20263,4415,78698.932.87$357,022
Mar 20263,9387,37689.753.15$376,666
Feb 20263,5914,33863.503.75$244,297
Jan 20264,0973,33459.138.00$268,921
Dec 20253,9302,96456.664.41$235,755
Nov 20254,0364,80758.593.93$255,344
Oct 20254,3244,71359.383.30$272,335
Sep 20254,5175,66862.743.08$300,837
Aug 20254,5154,92363.933.01$303,486
Jul 20254,0474,19966.743.32$284,017
Jun 20254,6805,00566.483.13$326,786
May 20255,0246,47960.553.23$325,145
Apr 20255,0666,16362.363.54$337,752
Mar 20255,2153,84367.704.27$369,459
Feb 20254,5335,58770.884.34$345,551
Jan 20254,8961,18174.324.28$368,924
Dec 20244,4835,43268.993.12$326,237
Nov 20246,5835,66569.052.20$467,010
Oct 20246,6477,47071.372.28$491,438
Sep 20246,7918,30469.612.36$492,355
Aug 20247,4647,68575.632.06$580,361
Jul 20247,9174,98379.932.15$643,502
Jun 20249,6246,19478.082.63$767,757
May 20249,2316,96678.812.20$742,809
Apr 20248,7646,38384.451.66$750,710
Mar 20248,5417,08280.301.55$696,785
Feb 20246,2125,17276.091.78$481,896
Jan 20246,8729,12073.023.30$531,868
Dec 20237,6658,09271.262.61$567,334
Nov 20236,1128,18877.892.81$499,052
Oct 20238,0128,71485.443.09$711,448
Sep 20236,26310,75789.042.74$587,078
Aug 20233,5278,66280.522.67$307,147
Jul 20234,9477,51674.852.64$390,139
Jun 20233,2455,13168.962.26$235,363
May 20231,7612,07370.622.23$128,979
Apr 20231,1091,03878.122.24$88,958
Mar 20237,4057,83372.852.39$558,200
Feb 20237,1358,35875.112.47$556,518
Jan 20237,9839,22276.533.39$642,181
Dec 20228,02213,64576.415.73$691,134
Nov 20228,85612,34885.005.65$822,479
Oct 202212,26617,21287.185.86$1,170,277
Sep 202213,38516,20484.888.16$1,268,403
Aug 202216,73618,68494.529.13$1,752,419
Jul 202214,75012,106101.587.54$1,589,609
Jun 202215,96013,902115.097.98$1,947,735
May 202221,55224,278109.378.43$2,561,880
Apr 20226182,583104.226.84$82,069
Mar 20224,15912,823108.885.08$517,927
Feb 20225,20314,08891.054.86$542,184
Jan 20227,27515,37581.844.54$665,153
Dec 20217,90514,92671.323.90$621,983
Nov 20215,4318,46977.435.24$464,873
Oct 20215,5659,17079.795.71$496,428
Sep 20216,68312,13469.865.35$531,802
Aug 20216,27813,44866.024.22$471,232
Jul 20216,2237,95370.783.98$472,133
Jun 20215,7069,64069.493.38$429,099
May 20216,8436,87763.483.02$455,146
Apr 20216,8378,85760.362.76$437,113
Mar 20216,95512,68361.302.72$460,800
Feb 20216,9918,27257.805.55$449,972
Jan 20217,6699,90350.412.81$414,424
Dec 20208,60611,82544.642.68$415,809
Nov 20209,77612,55638.772.71$412,999
Oct 202010,04415,55236.972.48$409,871
Sep 20209,80217,75937.091.99$398,915
Aug 202012,79933,97239.982.39$592,731
Jul 202014,76843,46238.371.83$645,972
Jun 202022,34958,81034.901.69$879,387
May 202017,03835,70016.921.81$353,070
Apr 202020,49030,04414.751.80$356,438
Mar 202020,77518,47430.341.86$664,605
Feb 202018,29328,86049.881.98$969,617
Jan 202030,13939,69757.252.09$1,808,613
Dec 201941,33837,23459.012.30$2,525,156
Nov 201941,35827,19355.302.75$2,361,897
Oct 201945,01232,69653.472.42$2,485,868
Sep 201956,28228,34555.052.66$3,173,645
Aug 201976,07446,10353.112.30$4,146,528
Jul 201940,80821,43556.272.46$2,348,998

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
Oil                3,152 bbl  × $106.41 =   $335,404
Casinghead gas     4,895 Mcf  × $  3.05 =    $14,909

────────────────────────────────────────────────────
Month total                                 $350,314

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/O/11826 is the state's own key, not one this site invented.